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Speaker 1: Your source of freaking news, challenging opinion and honored backs.

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Speaker 1: The Mike Hosking Breakfast with Veda, Retirement Communities, Life Your

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Speaker 1: Way News togs had been hodding in.

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Speaker 2: Welcome today the Killing Bank expansion. What does it mean

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Speaker 2: for competition rules and court? Says Odd Tomorrow. Shane Jones

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Speaker 2: on geothermal Jeremy Piven of mister Selfridge and non Voloplaine

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Speaker 2: Jeremy Ckenna in the summer heat of Italy. Rod Little

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Speaker 2: has a bit of something for us from Butler's Husky.

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Speaker 2: Now we're into it for Thursday seven, pass six to

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Speaker 2: tell you what The real story around the migration stats

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Speaker 2: that got all the headlines the other day was about home.

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Speaker 2: It's not the record number of people going to Australia.

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Speaker 2: Forget that. I mean that, to be fair is non

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Speaker 2: going concern and to be frank not one. I'm ever

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Speaker 2: sure we're going to fix the mean. Even in the

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Speaker 2: good old days. In those days, by the way, weren't

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Speaker 2: that long ago. The net loss was down to three

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Speaker 2: thousand in the years twenty fourteen through twenty nineteen. Just

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Speaker 2: think about that. Why was that? Well, the answer was

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Speaker 2: we had a government the random decent economy. Of course

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Speaker 2: they called it a rock star economy. Remember the Rockstar economy.

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Speaker 2: This is an inescapable political as well as economic truth.

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Speaker 2: When you run an economy properly, this opportunity, an opportunity

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Speaker 2: brings satisfaction. Since then, COVID and the Labour government blew

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Speaker 2: the place apart and we've been bailing ever since. But

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Speaker 2: back to the real story. It is to be found

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Speaker 2: in the overall migration growth, not just Australia. And when

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Speaker 2: you add up all the people who left to everywhere

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Speaker 2: and all the people who arrived from everywhere, that number

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Speaker 2: ladies in general is down to fourteen thousand. Is that bad?

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Speaker 2: My word?

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Speaker 3: It is.

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Speaker 2: At its peak it was about one hundred and forty thousand.

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Speaker 2: A lot of people thought that level the growth was

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Speaker 2: too high. I didn't. I mean, what this country needs

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Speaker 2: is more people, not less, but it was contentious among some.

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Speaker 2: It also, on the upside, showed a lot of people

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Speaker 2: saw us as attractive. That's never a bad thing, being attractive,

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Speaker 2: as valuable the many aspects of life I've found, don't

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Speaker 2: you reckon? Anyway, we're now down to fourteen thousand. The

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Speaker 2: real story being what if it reaches zero? Or worse

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Speaker 2: less than zero. That means we are shrinking. That means

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Speaker 2: we're going backwards. That's a disaster. Here's the real worry.

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Speaker 2: I worried about this. If you're a regular at least

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Speaker 2: a year ago, if not longer. But was reassured at

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Speaker 2: the time by experts it would never happen, the figure

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Speaker 2: would level out. Well, they were wrong, and I'm not

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Speaker 2: remotely reassured. A country losing population is a losing country.

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Speaker 2: It's a backwards country. It's a lost country. It's about attitude,

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Speaker 2: it's about reputation, it's about economic growth and prosperity. We're

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Speaker 2: on the verge of something potentially profound, and yet all

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Speaker 2: we could do was obsess about Australia.

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Speaker 1: Why news of the world in ninety seconds.

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Speaker 2: I suppose there could be a few asking, first thing

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Speaker 2: this morning, what all that tsunami stuff yesterday? Well the

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Speaker 2: answer is not a lot.

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Speaker 4: When it came through, there's a lot of ups and down.

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Speaker 5: So you get a wave and then a little bit

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Speaker 5: of a pause, and then another wave and this lasting

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Speaker 5: here for several hours.

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Speaker 2: You travel in the UK has been a mess overnight.

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Speaker 2: They've had radar problems. No one's going anywhere.

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Speaker 6: A captain had instructed us that there were seventy nine

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Speaker 6: planes queuing to take off at the Heathrows. So at

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Speaker 6: that point I think a few of us on board

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Speaker 6: here were concerned that we were not going to get

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Speaker 6: to Budapest this evening, and quite a few of Louse

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Speaker 6: Hamilton's team on board this play.

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Speaker 2: You might recognize the voice Craig Slider, one of the

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Speaker 2: skiny if One people hitting up for this week in

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Speaker 2: if One, of course also in Britain by sigobye to

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Speaker 2: was he ran. He was a roadie for the band.

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Speaker 7: The crowds, the response from the fans, I've never seen

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Speaker 7: anything like it, It's just unbelieving.

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Speaker 2: What a great way to send us off. More protests

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Speaker 2: at migrant hotels as well as time in Manchester.

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Speaker 8: I'm not racist, you know, it's about put in the

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Speaker 8: country first.

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Speaker 3: He should be.

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Speaker 9: We stopped the Germans and we can't stop.

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Speaker 10: Lingas he's very frightening, I think.

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Speaker 8: So we're just here to show support for the refugees

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Speaker 8: in the hotel.

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Speaker 2: These people are desperate and still some chat and Brittain

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Speaker 2: abus stamers threat yesterday to recognize Palestine and the Israelis

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Speaker 2: don't get direct together. The Palestinian ambassador, of course, he

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Speaker 2: loves it.

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Speaker 11: It will have a serious consequences on the relationship between

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Speaker 11: two states, two equal partners, and how do we deal

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Speaker 11: with each other in the International Forum.

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Speaker 2: Finally, Athletics is introducing a gene test before you can

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Speaker 2: compete in the female category. It is either a cheek

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Speaker 2: swab or a blood test. You'll only and never did

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Speaker 2: you only even need to do it once. Zeb Co

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Speaker 2: says it's clear that gender cannot trump biology. It will

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Speaker 2: be introduced on the first of September. That's ahead of

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Speaker 2: the World champs and that is news of the world.

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Speaker 2: In ninety boy, the economy, the economy, the economy parlor

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Speaker 2: has spoken more shortly, Eurozone expanded zero point one percent

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Speaker 2: for the second quarter, just got some growth. Germany in

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Speaker 2: fact went backwards. Meantime, the US had a very nice

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Speaker 2: number over nine three percent for the second quarter. But

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Speaker 2: as I say, more from mister Powell in a moment

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Speaker 2: eleven past six.

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

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Speaker 1: by News Talk SEP.

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Speaker 2: Inflation redoun of Australia yesterday to two point one. They

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Speaker 2: thought it could be two point two, So it's really

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Speaker 2: at the bottom end of that two to three percent band.

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Speaker 2: So I think they'll probably take that fourteen past six

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Speaker 2: money j my Wealth Andrew Keller had good morning, very

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Speaker 2: good morning.

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Speaker 12: Line.

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Speaker 2: No change isn't the news the new users That wasn't unanimous, Yeah, exactly.

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Speaker 5: So this was the Federal Reserve overnight have held their

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Speaker 5: meeting of what they're going to do with the Fed

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Speaker 5: funds rate, and of course the backstory so this is

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Speaker 5: this kind of pressure coming from the Trump administration to

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Speaker 5: get those interest rates lower.

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Speaker 13: Now that context is important here going into this.

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Speaker 5: I think Bloomberg had they had surveyed one hundred and

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Speaker 5: two economists and ninety nine of them expected no change,

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Speaker 5: So the fact that there was no change was not unexpected.

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Speaker 5: But yes, you're right, there were two dissensions to two

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Speaker 5: members of that committee said that they should have dropped

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Speaker 5: the rate. That hasn't happened since nineteen ninety three. So

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Speaker 5: this clearly we're coming to a sort of an inflection point,

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Speaker 5: aren't we. They also changed some wording. Whereas they'd sort

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Speaker 5: of been a little bit more bullish in their language

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Speaker 5: around growth previously, they've now said that economic growth was moderating,

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Speaker 5: So there's a change in slight change in tone there.

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Speaker 5: I think we're going to get a slightly more color

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Speaker 5: to this in quarter of an hour when Jerome Powell

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Speaker 5: and talks to the press conference. But you know, the

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Speaker 5: context wasn't earlier on because a lot of data out

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Speaker 5: I think you've just talked about this and they got

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Speaker 5: quite a good GDP read and there was expecting that

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Speaker 5: that would come in.

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Speaker 13: Well it's come in just under three percent.

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Speaker 5: The statistical quirk in there, though, is that underlying demand

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Speaker 5: was soft, so you've actually seen declining imports, which is

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Speaker 5: no surprise skin what's happening on tariffs. That actually helps

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Speaker 5: the GDP outcome. But within that data, Mike, consumer spending

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Speaker 5: was very weak one point four percent growth and consumer

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Speaker 5: spending that's the lowest level of spending growth since the pandemic.

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Speaker 5: And I think you are I think Power will gear

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Speaker 5: up now to actually talk about cutting rates maybe in September.

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Speaker 2: Okay, and then we come back home. Do we have life?

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Speaker 2: Is there anything there at the end of the tunnel.

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Speaker 13: This is the antient business outlook.

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Speaker 5: Well, at the headline, the business confertence did lift a

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Speaker 5: little to a net forty eight percent, and that's forty

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Speaker 5: percent expecting better business conditions, so lift of two points.

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Speaker 5: But look, business outlook is quite elevated, although it has

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Speaker 5: come off recent highs.

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Speaker 13: Expected own activity flatlining, but.

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Speaker 5: Still quite optimistic at forty percent past own activity. This

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Speaker 5: is the best indicator of GDP, and we've got a

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Speaker 5: very different outcome here from what's in the expectations MIGHT.

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Speaker 5: We've talked about this plenty of times before, about the

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Speaker 5: difference between the air and now and where people think

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Speaker 5: it's going to be.

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Speaker 2: Right now.

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Speaker 5: I think when you look at this, you sort of

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Speaker 5: see soft demand, particularly in retail, manufacturing, construction. There really

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Speaker 5: are the senses of softness. We've talked about employment as well.

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Speaker 5: In the last couple of days, reported plus reported past

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Speaker 5: employment is negative for all sectors, very evident in the

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Speaker 5: retail sector.

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Speaker 13: The thing is all these sectors MIGHT.

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Speaker 5: They had been improving, but the trend has turned and

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Speaker 5: most of most sectors now that employment trend is heading downwards.

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Speaker 5: One piece of interesting detail and here residential construction. The

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Speaker 5: authors use the word capitulation because the long way of recovery.

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Speaker 13: Has not transpired. That index fell from forty four point

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Speaker 13: eight to sixteen points seven, so a big drop.

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Speaker 5: In other words, the optimism has been sort of sucked dry.

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Speaker 5: The key point though, is you've got this continuation to

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Speaker 5: trend of forward looking indicators for things like growth, investment, employment,

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Speaker 5: clearly are odds with the hair.

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Speaker 2: And now okay, then you got Main Freight they're feeling

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Speaker 2: it as well. Yeah, main flate.

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Speaker 5: So they had an AGM yesterday, Mike, and there was

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Speaker 5: a couple of big moves on the insectssday had Main

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Speaker 5: Fright and similar Sinlay fell seven point seven percent, quite

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Speaker 5: a choky move, but Main Freight fell just under ten percent.

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Speaker 5: That is a large move for one of the larger

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Speaker 5: stocks on the NSECTS fifty, so market giving up a

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Speaker 5: lot of recent games. That share price has nudged over

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Speaker 5: seventy Bucks in Dunes closed its sixty dollars yesterday. So

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Speaker 5: at the AGM they confirmed the FY and the financial

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Speaker 5: year twenty five result, but the focus was really coming

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Speaker 5: in on their trading update for the start of this

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Speaker 5: financial year and the words the current trading conditions have

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Speaker 5: been difficult.

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Speaker 13: Tariff a tariff.

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Speaker 5: Uncertainty gets and mentioned. They talked about a slow and

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Speaker 5: disappointing start.

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Speaker 7: So the year.

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Speaker 5: The market that likes to hear that they do though,

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Speaker 5: expect ongoing improvement, particularly in the second half of the year.

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Speaker 5: And what I find really interesting in this, Mike, is

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Speaker 5: the revenue was actually up, so they've not goten this

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Speaker 5: show on revenue, but their margins getting squeeze, so profit

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Speaker 5: before takes twenty four percent low.

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Speaker 13: That's quite a material move.

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Speaker 2: Okay, quick word on Kiwibanker is this is this? Is

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Speaker 2: this the catalyst? Is this the magic?

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Speaker 1: Well it could be.

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Speaker 13: We don't have any details.

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Speaker 5: There's an extra five hundred million of capital, no details

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Speaker 5: here on how that's going to be risen. But look,

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Speaker 5: I think look, mister Yukovich says, THEO good made of mine.

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Speaker 5: I think you can now go head out and have

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Speaker 5: a bigger crack at Ossie owned competition.

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Speaker 13: And I think that's good.

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Speaker 2: Yep, you can't argue with it.

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Speaker 13: One of the numbers dal Jones. Look, their markets have

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Speaker 13: sort of lifted a little. They lifted a little bit

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Speaker 13: after the fair settling down.

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Speaker 5: Now the dal Jones at the moment is pretty flat

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Speaker 5: on the session forty four thousand, six hundred and thirty six.

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Speaker 5: The S and P five hundred is up abouto point

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Speaker 5: two percent sixty three eight three, and.

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Speaker 13: The Nasdak sort of was all up almost.

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Speaker 5: Half a percent, a little bit below that now twenty

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Speaker 5: one one hundred and eighty eight, which is uper point

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Speaker 5: four two of a percent. Currencies, though we're seeing continuation

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Speaker 5: of stronger dollar, stronger US dollar, So the New Zealand

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Speaker 5: dollar against is weaker point five nine two to two

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Speaker 5: point nine one sixty six against the ossie point five

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Speaker 5: one five nine euro point four to four five six

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Speaker 5: against the pound eighty eight point one five. Japanese yend

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Speaker 5: gold is trading at three thy three hundred and one dollars,

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Speaker 5: but Brent Crewd continues to just drift higher seventy three

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Speaker 5: dollars and sixty one cent.

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Speaker 2: Go well mate, Si Tomorrow, Andrew kelliher Jmiworld dot Co,

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Speaker 2: dot mz casking Goldia Happy Gilmore. I was good biggest

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Speaker 2: Netflix opening ever, forty six point seven million over three

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Speaker 2: days twenty one through twenty seven July. Views are defined

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Speaker 2: as total hours watched divided by total run time. It's

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Speaker 2: his biggest movie. He puts all those movies on Netflix

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Speaker 2: these days, and this is the way of the future.

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Speaker 2: So more, I mean forty six point seven million. That's

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Speaker 2: just America. By the way, that's well in excessive ten

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Speaker 2: percent of the population, which is extraordinary. Six twenty your

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Speaker 2: News Talk two.

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Speaker 1: Bod the My Costing Break full show podcast on iHeartRadio

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Speaker 1: powered by News Talks.

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Speaker 2: At me Jerome Pal shortly for you will get the

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Speaker 2: update Trade deals. Lutnik says, trade deals for quote unquote,

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Speaker 2: the world will be done by Friday, which is Saturday

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Speaker 2: our time for the the world. China is going to

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Speaker 2: take a little bit longer. So the world includes us.

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Speaker 2: Of course, whether it's going to be fifteen or twenty,

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Speaker 2: it's going to be fascinating. Trump's thrown twenty five percent

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Speaker 2: in India and a penalty for their Russia trade. They've

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Speaker 2: been buying oil like this note tomorrow. He didn't specify

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Speaker 2: the penalty part of it, but twenty five that was

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Speaker 2: supposed to be a deal. So the deal's gone nowhere.

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Speaker 2: Addie Dash I have said tariffs, yes, three hundred and

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Speaker 2: eighty seven million dollars. It's costing our company, one shoe

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Speaker 2: company three hundred and eighty seven million dollars. Twenty seven

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Speaker 2: percent of their shoes are made in Vietnam. Nineteen percent

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Speaker 2: are made in Indonesia, so they're going to have to

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Speaker 2: put the price for Addi Dash shoes up to American Spotify.

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Speaker 2: They've had a bad day, came up short, AD supported

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Speaker 2: revenues dipped, so they brought in just a bit over

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Speaker 2: four billion euros. But things aren't going their way. And

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Speaker 2: Gucci or Kerring, if you're into the fashion sector and

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Speaker 2: the luxury fashion sector, it's interesting because they are bleeding

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Speaker 2: big time company. Keering owns the lot, but Gucci makes

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Speaker 2: up half of what Kerring do and Gucci if tanked,

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Speaker 2: they're down twenty five percent are led by Asia Pacific,

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Speaker 2: which is US in Japan. We're not into the Gucci anymore.

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Speaker 2: Alissandro Michelle and I kept telling you at the time,

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Speaker 2: Alisandro Michelle was a genius and he came to Gucci

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Speaker 2: and he literally revolutionized them. And for a while there,

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Speaker 2: if you traveled around the world and went to the

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Speaker 2: major Gucci outlets and places like Los Angeles in London,

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Speaker 2: there would be ques outside the door before the store opened.

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Speaker 2: There'd be ques there all day long. You couldn't get

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Speaker 2: enough Gucci. Now it's all changed. The jazz shoe I'm

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Speaker 2: reading this morning's BacT, not just Gucci, just generally in

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Speaker 2: the fashion walkways of Europe. The jazz shoe. Mick Jagger's

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Speaker 2: wearing a jay shoe, which goes to remind you yet again,

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Speaker 2: just because it's allegedly fashionable doesn't mean it's a good

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Speaker 2: idea six twenty five.

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Speaker 1: Trending now, chemist ware else keeping Kiwi's healthy all year round.

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Speaker 2: Now, the thing about Donald's trip to Scotland you might

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Speaker 2: have missed is he opened the golf course and he

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Speaker 2: attempted a Sean Connery accent.

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Speaker 11: I just want to thank everybody. This has been an

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Speaker 11: unbelievable development the land. They said it couldn't get zoned,

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Speaker 11: it was an impossibility, and Sean Connery said, let the

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Speaker 11: bloody bloke build his golf course. Once he said that,

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Speaker 11: everything came into line. I want to think, by the way,

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Speaker 11: the Prime Minister was here last night and was really

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Speaker 11: very gracious and loves the place, loves the area. So

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Speaker 11: I just want to thank you very much for coming.

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Speaker 12: Now.

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Speaker 2: Trump confirmed that he had practiced the impersonation. Because you're

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Speaker 2: obviously listening to that game, Well what impersonation was that?

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Speaker 2: It wasn't impersonation? Was it an impersonation.

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Speaker 11: Let the bloody bloke build his golf course.

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Speaker 9: Not he's just saying I just assumed he was just

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Speaker 9: quoting him.

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Speaker 2: I didn't just saying. He was just saying some random words.

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Speaker 2: Unfortunately I've got some. This is the zero small business

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Speaker 2: data sort of dovetails into what Andrew was saying a

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Speaker 2: couple of moments ago. It's down, but I mean, if

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Speaker 2: it wasn't for the farmers, this is material. Agriculture is

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Speaker 2: up ten point nine. They are up eleven in the

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Speaker 2: March quarter. This is for the junequarter, ten point nine.

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Speaker 2: They're up eleven in the March quarter percent. They are

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Speaker 2: up fifteen percent in the December quarter. Add those numbers

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Speaker 2: together and compare it to the zero point one percent

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Speaker 2: down that everyone else is. So, in other words, their

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Speaker 2: success hides or masks some real issues in the economy,

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Speaker 2: which does take us back, given we're talking about central

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Speaker 2: banks this morning in Jerome Power, it does take us

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Speaker 2: back to what does the RB do in August. Yes,

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Speaker 2: they're going to cut twenty five points, but is it enough?

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Speaker 2: Because you can't just have the farmers making money and

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Speaker 2: no one else making money, and everyone else bleeding and

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Speaker 2: the jobs being a problem, and the Reserve Bank going, oh,

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Speaker 2: look at the farmers, Well, what's your problem. Inflation's down,

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Speaker 2: that's all we look at. So there's something not quite

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Speaker 2: right about the economy. So we will not that I

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Speaker 2: need to tell you that of course. Anyway, we'll talk

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Speaker 2: to the zero country mana Jie Bridget selling back on

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Speaker 2: the program. Out of the News, which is next? You

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Speaker 2: run the mic hosting brick to celebrate.

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Speaker 1: The news and the news makers, the mic hosting breakfast

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Speaker 1: with the landro of a discovery never Stop Discovering news

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Speaker 1: talks head based.

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Speaker 2: No chine from the Faith just to ruin Trump's dieh

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Speaker 2: is Pow.

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Speaker 14: Changes to government policies continue to evolve, and their effects

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Speaker 14: on the economy remain uncertain. Higher tariffs have begun to

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Speaker 14: show through more clearly to prices of some goods, but

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Speaker 14: their overall effects on economic activity and inflation remain to

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Speaker 14: be seen. A reasonable base case is that the effects

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Speaker 14: on inflation could be short lived, reflecting a one time

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Speaker 14: shift in the price level. But it is also possible

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Speaker 14: that the inflationary effects could instead be more persistent, and

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Speaker 14: that is a risk to be assessed and managed.

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Speaker 2: Doesn't worry you if you say sh'll want and didn't appeal.

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Speaker 2: That might have been drammatically incorrect. And he is the

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Speaker 2: bed chair twenty three minutes away from seven go to

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Speaker 2: Italy and Joe mcckenner in a couple of moments. Now,

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Speaker 2: small business dat up of the June quarter sales still

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Speaker 2: flat overall, down zero point one percent year on year. No,

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Speaker 2: but check the regional divide out a Targo up three

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Speaker 2: point nine, cannibal be at one point eight, which means

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Speaker 2: someone went backwards. This time it was northmand Wellings and Northland.

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Speaker 2: Bridget's snelling a zero's country manager back with us. Bridget,

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Speaker 2: very good morning to you.

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Speaker 13: So morning mate.

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Speaker 2: If you look at the AD ten point nine eleven

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Speaker 2: and March fifteen and December for the quarter, I mean,

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Speaker 2: are they doing all the lifting or just a lot

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Speaker 2: of it?

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Speaker 12: Well, they're doing a lot of it.

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Speaker 15: I mean I think that the data, the Zerosol Business

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Speaker 15: Insights data is showing us that agree is having a

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Speaker 15: really strong bounce back. That data is really impressive, but

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Speaker 15: unfortunately other sectors are not faring so well.

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Speaker 2: Right, So one point one overall this is one point

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Speaker 2: one up in the March quarter, so we're down smidge.

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Speaker 2: What's happened there, do you think?

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Speaker 15: Well, yeah, we're down three point one percent for the

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Speaker 15: March quarter, and that does continue a twelve month trend

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Speaker 15: of underperformance for small business sales.

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Speaker 16: So we you know things.

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Speaker 15: I think what it's telling us is that things are

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Speaker 15: still pretty tough out there. We're not seeing the economic

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Speaker 15: recovery for sneeze that we would hope to have seen

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Speaker 15: from the ocr cut. So you know, we've seen in

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Speaker 15: June it's down, but actually the month of June itself,

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Speaker 15: in that quarter, we were up.

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Speaker 2: Well, I was going to ask you about that. Four

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Speaker 2: point four is huge compared to what the overall number is.

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Speaker 2: What happened in June?

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Speaker 15: Well, I've been asking myself the same thing. Yeah, there's

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Speaker 15: nothing in particular in the data to tell us exactly

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Speaker 15: why June has been so much stronger than April and May.

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Speaker 15: But so I think we can say, well, maybe there's

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Speaker 15: some green shoots here, maybe there's a little bit of

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Speaker 15: sign of recovery, but it's certainly certainly overall for the

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Speaker 15: past year, things have been still pretty tough for KII

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Speaker 15: small business.

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Speaker 2: We'll know for once the July August ten and numbers

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Speaker 2: come in long term average that's six point three, so

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Speaker 2: that tells you where we've been at six point three,

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Speaker 2: So zero point one. We really are wading through mud here,

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Speaker 2: aren't we.

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Speaker 15: Yeah, that's right, we're sort of flat lining, I guess

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Speaker 15: you could say, and we are you know, this as

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Speaker 15: well below the long term national average, as you've said,

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Speaker 15: and we are lagging behind Australia which has grown three

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Speaker 15: percent in that quarter, so we see that we have

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Speaker 15: still got sales weekness and as you said that obviously

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Speaker 15: it's concentrated in the North Island. South Island is performing

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Speaker 15: better and agri is leading the way. So those are

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Speaker 15: other sectors that are more sensitive to consumer spending and

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Speaker 15: interest rate. It's like construction obviously down and quite significantly

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Speaker 15: down six point four percent, retails holding flat, hostpos down

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Speaker 15: two point one percent, so you know they are there

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Speaker 15: are still really tough conditions for those smeths, and obviously

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Speaker 15: with constructions to climb, that's construction is obviously such a

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Speaker 15: big sector in the economy and has a much broader

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Speaker 15: economic impact. So I think that's definitely one that we're

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Speaker 15: watching closely.

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Speaker 2: And here's the problem your main sentence, I mean, Auckland

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Speaker 2: and Wellington. Wellington's down three point one, Aortands down one

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Speaker 2: point three. I mean that's the Auckland, especially massive populations.

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Speaker 2: You if your engine's not working, you're in trouble, aren't you.

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Speaker 16: Well, that's right.

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Speaker 15: I mean most of our small businesses in New Zealand

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Speaker 15: and are concentrated in Auckland. Obviously Wellington you know, as

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Speaker 15: well being a slight smaller city. But yeah, obviously all

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Speaker 15: Clanders we want to see strong economic activity. So certainly

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Speaker 15: I concern that Auckland's not faring so well.

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Speaker 2: For with all the people you talk to, what this

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Speaker 2: green shoot talk that's been going on all year, do

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Speaker 2: you believe it? Is it real or is it just noise?

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Speaker 15: Look, I think for some businesses it's real. But most

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Speaker 15: of the businesses that I talk to are still finding

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Speaker 15: things really tough, and actually some of them are super

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Speaker 15: frustrated that there is chad of green shops when they

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Speaker 15: are not yet experiencing it themselves. So I think it's something.

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Speaker 15: You know, we are obviously had a very unstable global

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Speaker 15: economic situation right now. I think there's a lot of

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Speaker 15: consumer uncertainty and so probably people are not feeling confident

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Speaker 15: to spend or you know, as they may have done

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Speaker 15: it in a more prosperous economic time. So that's impacting SPAS,

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Speaker 15: right because obviously they're ninety seven percent of our economy.

439
00:19:52,320 --> 00:19:53,400
Speaker 15: They're really feeling the pinch.

440
00:19:53,480 --> 00:19:53,680
Speaker 7: Sell.

441
00:19:53,800 --> 00:19:56,160
Speaker 15: So it's still still really important. All those messages we've

442
00:19:56,200 --> 00:19:58,399
Speaker 15: been saying for a couple of years now about helping

443
00:19:58,480 --> 00:20:01,200
Speaker 15: smith to plan ahead, watching care, slow paying, and voices

444
00:20:01,560 --> 00:20:03,920
Speaker 15: as soon as you can to help with a business's

445
00:20:04,040 --> 00:20:07,880
Speaker 15: cash flow, those things still really apply it. It's basically

446
00:20:07,960 --> 00:20:08,760
Speaker 15: not out of the woods.

447
00:20:09,040 --> 00:20:11,960
Speaker 2: Excellent insight. Bridget appreciated as always, Bridget Snelling. Who's the

448
00:20:12,040 --> 00:20:14,560
Speaker 2: zero country manager with us this morning? Nineteen minutes away

449
00:20:14,560 --> 00:20:18,080
Speaker 2: from sevens like mystery Creek field days in June? Mate, Yeah,

450
00:20:18,119 --> 00:20:21,960
Speaker 2: could have Glinn. This is just a taste of Just

451
00:20:22,000 --> 00:20:24,720
Speaker 2: got an alert about the tsunami warning in christch Mike, Mike,

452
00:20:24,760 --> 00:20:28,520
Speaker 2: how's your tsunami warning? Very atmospheric river, isn't it? They

453
00:20:28,560 --> 00:20:31,399
Speaker 2: should close the bridge? Just got the emergency alert? Are

454
00:20:31,440 --> 00:20:34,760
Speaker 2: you serious? Civil defense? It's in Russia? Normal swellers worst

455
00:20:35,080 --> 00:20:38,520
Speaker 2: iff s Mike, Another alert on my phone. The government

456
00:20:38,640 --> 00:20:43,000
Speaker 2: can pess right off banks this morning, morning, Mike, for

457
00:20:43,080 --> 00:20:45,560
Speaker 2: the love of God, can you make the emergency alerts

458
00:20:45,600 --> 00:20:48,680
Speaker 2: for a non existent emergency stop. I've received my fourth

459
00:20:48,760 --> 00:20:51,919
Speaker 2: and twelve hours Mike, another one of those stupid alerts

460
00:20:51,960 --> 00:20:54,520
Speaker 2: five minutes ago in Wellington, wat and so it goes

461
00:20:56,200 --> 00:20:58,800
Speaker 2: might have an imaging issue there, I think eighteen minutes

462
00:20:58,800 --> 00:20:59,720
Speaker 2: away from seven.

463
00:21:00,359 --> 00:21:04,919
Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered

464
00:21:05,000 --> 00:21:06,040
Speaker 1: by News Talk Zippi.

465
00:21:07,720 --> 00:21:11,119
Speaker 2: Sharses are into crypto as of next month, as in

466
00:21:11,200 --> 00:21:13,720
Speaker 2: tomorrow some time toay. It's not tomorrow exactly, but sometime

467
00:21:13,760 --> 00:21:15,560
Speaker 2: in August they're going to launch. So if you're into crypto,

468
00:21:16,040 --> 00:21:18,960
Speaker 2: it's a growing thing. It seems to be increasingly accepted. Anyway,

469
00:21:19,000 --> 00:21:20,520
Speaker 2: you can sign up to a waiting list. If you're

470
00:21:20,560 --> 00:21:23,400
Speaker 2: into cheersies, they're going to partner with a crypto platform

471
00:21:23,480 --> 00:21:25,560
Speaker 2: and they're going to deal in bitcoin and ethereum. Be

472
00:21:25,640 --> 00:21:31,160
Speaker 2: interesting to say risk factor, you know, she's risky six forty.

473
00:21:30,960 --> 00:21:35,240
Speaker 17: Five International Correspondence with Ends and Eye Insurance, Peace of

474
00:21:35,359 --> 00:21:36,600
Speaker 17: Mind for New Zealand.

475
00:21:36,320 --> 00:21:38,480
Speaker 2: Business and Everie. John McKenna, very good morning to you,

476
00:21:39,160 --> 00:21:41,080
Speaker 2: good money made. I didn't know there was a Russia

477
00:21:41,119 --> 00:21:41,680
Speaker 2: pobes list.

478
00:21:42,600 --> 00:21:43,320
Speaker 4: Yeah, well it.

479
00:21:43,320 --> 00:21:45,600
Speaker 8: Seems to have been drawn up by the Russian government.

480
00:21:46,040 --> 00:21:50,280
Speaker 8: The Foreign Minister lover of and unfortunately the Italian President

481
00:21:50,359 --> 00:21:53,720
Speaker 8: Sergio Montarella, the Foreign Minister Antonio and Tayani, and the

482
00:21:53,800 --> 00:21:57,639
Speaker 8: Defense Minister Guido Corosseto are included on that list of

483
00:21:57,760 --> 00:22:01,840
Speaker 8: Russia pobes. So mister George Maloney has gone on the attack.

484
00:22:02,000 --> 00:22:05,600
Speaker 8: The Russian ambassador was summoned to the Foreign ministry today,

485
00:22:06,160 --> 00:22:07,879
Speaker 8: and the Italians are not too happy about it.

486
00:22:08,080 --> 00:22:09,560
Speaker 2: No, what do you have to do to be a

487
00:22:09,640 --> 00:22:10,240
Speaker 2: Russia fobe?

488
00:22:11,119 --> 00:22:11,440
Speaker 7: Do we know?

489
00:22:11,600 --> 00:22:11,760
Speaker 13: Now?

490
00:22:11,840 --> 00:22:11,959
Speaker 11: Well?

491
00:22:12,240 --> 00:22:15,000
Speaker 8: I think the main thing was that a couple of

492
00:22:15,119 --> 00:22:18,960
Speaker 8: times the President has made a couple of statements in

493
00:22:19,000 --> 00:22:21,960
Speaker 8: support of Ukraine and been a little bit dismissive of

494
00:22:22,040 --> 00:22:23,280
Speaker 8: the Russian activity there.

495
00:22:25,240 --> 00:22:26,360
Speaker 10: To be honest, I can't.

496
00:22:26,240 --> 00:22:30,399
Speaker 8: Quite recall specifically, but there has been some criticism, as

497
00:22:30,480 --> 00:22:33,800
Speaker 8: we know, and Maloney's been very strong on her support

498
00:22:33,840 --> 00:22:35,879
Speaker 8: for Ukraine and she reinforced that today.

499
00:22:36,080 --> 00:22:38,240
Speaker 10: So I think all of that upsets the Russians.

500
00:22:38,840 --> 00:22:41,720
Speaker 2: Do you have a lot of Russians with getting visus Well?

501
00:22:41,840 --> 00:22:46,439
Speaker 8: Apparently, according to the latest figures from Brussels, Italy has

502
00:22:46,520 --> 00:22:51,560
Speaker 8: seen the largest increase in Russian tourists eighteen point nine

503
00:22:51,600 --> 00:22:55,200
Speaker 8: percent increase over the past year. Now they're not coming

504
00:22:55,280 --> 00:23:00,200
Speaker 8: in through the EU. They're coming in through Turkey or UAE, say,

505
00:23:00,280 --> 00:23:01,000
Speaker 8: through the back door.

506
00:23:01,400 --> 00:23:01,840
Speaker 10: But when I.

507
00:23:01,880 --> 00:23:05,000
Speaker 8: Approached the Foreign Ministry, they said there is a distinction

508
00:23:05,200 --> 00:23:08,840
Speaker 8: between our support for Ukraine and the fact that we

509
00:23:08,880 --> 00:23:10,679
Speaker 8: don't want to stop Russians coming to visit here.

510
00:23:11,080 --> 00:23:13,760
Speaker 2: So I thought that was interesting, very interesting. So where

511
00:23:13,800 --> 00:23:17,200
Speaker 2: are you at? So the EU deal? This is Trump

512
00:23:17,280 --> 00:23:19,560
Speaker 2: of course, So the EU deal has got to go.

513
00:23:19,600 --> 00:23:21,280
Speaker 2: I mean, it's got to go through all twenty seven countries.

514
00:23:21,280 --> 00:23:22,679
Speaker 2: I don't know how this whole thing's going to work.

515
00:23:22,720 --> 00:23:24,640
Speaker 2: Does anyone in Italy? If I ask one hundred people

516
00:23:24,640 --> 00:23:27,680
Speaker 2: in the main street of Rome, what's in it? What

517
00:23:27,800 --> 00:23:30,320
Speaker 2: are you paying? What's in what's Does anyone know what's

518
00:23:30,320 --> 00:23:30,600
Speaker 2: going on?

519
00:23:31,680 --> 00:23:31,920
Speaker 13: Look?

520
00:23:31,960 --> 00:23:33,840
Speaker 10: I think most people think it's bad news.

521
00:23:35,000 --> 00:23:37,760
Speaker 8: We're certainly seeing a lot of news about what it's

522
00:23:37,800 --> 00:23:43,000
Speaker 8: going to mean for agriculture, wine, exports, pharmaceuticals and machinery

523
00:23:43,040 --> 00:23:43,320
Speaker 8: and so on.

524
00:23:45,040 --> 00:23:46,520
Speaker 10: But I was at a party last night.

525
00:23:46,560 --> 00:23:49,200
Speaker 8: I couldn't believe that there was an outpouring of vitriol

526
00:23:49,280 --> 00:23:53,760
Speaker 8: against the European Commissioned President Ursula Vonderleine. She they think

527
00:23:53,840 --> 00:23:58,480
Speaker 8: that she's thrown Italy under the bus, and it certainly.

528
00:23:58,240 --> 00:24:00,760
Speaker 10: Looks like the EU has caved in.

529
00:24:01,640 --> 00:24:05,000
Speaker 8: Maybe they didn't have a choice, but apparently that special

530
00:24:05,080 --> 00:24:08,600
Speaker 8: relationship between Prime Minister Georgia Maloney and President Trump meant

531
00:24:08,760 --> 00:24:09,280
Speaker 8: nothing at all.

532
00:24:09,520 --> 00:24:11,720
Speaker 2: It didn't seem to make much difference, as anyone got

533
00:24:11,760 --> 00:24:13,440
Speaker 2: to the bottom of And I've asked other people about this,

534
00:24:13,560 --> 00:24:15,679
Speaker 2: no one seems to know. So Vandalin turns up at

535
00:24:15,720 --> 00:24:18,720
Speaker 2: the Scottish golf Club the other day. Trump goes, I

536
00:24:18,760 --> 00:24:20,199
Speaker 2: don't know whether we're going to get a deal. It's

537
00:24:20,240 --> 00:24:21,720
Speaker 2: fifty to fifty. I hope we can do a deal.

538
00:24:21,960 --> 00:24:24,160
Speaker 2: Then like three and a half minutes later, a deal's done.

539
00:24:24,160 --> 00:24:25,360
Speaker 2: I mean, how does that work?

540
00:24:27,040 --> 00:24:29,679
Speaker 10: How does Donald Trump do it? I don't know too

541
00:24:29,800 --> 00:24:31,399
Speaker 10: wed but I think it was.

542
00:24:31,480 --> 00:24:33,959
Speaker 8: Terribly embarrassing for the EU. I don't think they had

543
00:24:33,960 --> 00:24:38,000
Speaker 8: a lot of choices. And where do we go next? Well,

544
00:24:38,080 --> 00:24:41,000
Speaker 8: the Maloney government's talking about creating a special fund now

545
00:24:41,080 --> 00:24:44,080
Speaker 8: to support businesses because we're very worried about the economy here.

546
00:24:44,119 --> 00:24:47,000
Speaker 2: Okay, Now, how many parties do you go to on

547
00:24:47,080 --> 00:24:48,879
Speaker 2: a Wednesday night, Joe. This was the revelation of the

548
00:24:48,920 --> 00:24:51,439
Speaker 2: morning you're at a party, doesn't a midweek party.

549
00:24:52,680 --> 00:24:55,000
Speaker 8: People have gone nuts because it's summer, so they're having

550
00:24:55,000 --> 00:24:56,440
Speaker 8: a few cocktails on the balcony.

551
00:24:56,840 --> 00:24:59,920
Speaker 2: Nice. Oh, very enjoyable. Now the cyber tourism, you see

552
00:25:00,040 --> 00:25:01,919
Speaker 2: it still, yeah, I.

553
00:25:01,960 --> 00:25:04,359
Speaker 8: Mean complaints across the country. I mean, you can't have

554
00:25:04,440 --> 00:25:06,520
Speaker 8: it both ways, can you, Mike. You want the tourism,

555
00:25:06,680 --> 00:25:10,040
Speaker 8: you want the hospitality industry to function. But we're seeing

556
00:25:10,080 --> 00:25:12,800
Speaker 8: a lot of complaints from the Dolomites to Venice and

557
00:25:12,880 --> 00:25:13,480
Speaker 8: port Afino.

558
00:25:13,560 --> 00:25:17,080
Speaker 10: We talked about last week, but I noticed a lot

559
00:25:17,160 --> 00:25:18,159
Speaker 10: of tourists.

560
00:25:17,800 --> 00:25:21,959
Speaker 8: Are flocking to the Italian Alps and cramming the hiking paths,

561
00:25:22,560 --> 00:25:24,920
Speaker 8: and some of them are not really very experienced.

562
00:25:25,000 --> 00:25:26,960
Speaker 10: We've seen some deaths and some injuries there.

563
00:25:27,440 --> 00:25:30,399
Speaker 8: But four farmers have set up a little turnstyle on

564
00:25:30,640 --> 00:25:34,240
Speaker 8: one route where a walking path, trying to charge the

565
00:25:34,320 --> 00:25:37,280
Speaker 8: tourists and limit the numbers. But one of those places

566
00:25:37,320 --> 00:25:40,240
Speaker 8: had eight thousand people on a single day last week.

567
00:25:40,359 --> 00:25:43,000
Speaker 2: Wow, that's ridiculous. All right, another party tonight, Joe, are

568
00:25:43,040 --> 00:25:43,760
Speaker 2: you taking it easy?

569
00:25:44,560 --> 00:25:45,120
Speaker 10: Taking it easy?

570
00:25:45,200 --> 00:25:45,720
Speaker 12: Sight on?

571
00:25:45,800 --> 00:25:48,600
Speaker 2: You will catch up next week. Joe McKenna in Italy.

572
00:25:48,720 --> 00:25:51,359
Speaker 2: Cocktails on the balcony in Rome. I mean, come on,

573
00:25:51,600 --> 00:25:54,400
Speaker 2: that sounds fun, doesn't it Just done? Mike, I'm forty

574
00:25:54,480 --> 00:25:56,399
Speaker 2: k's from the coast and had two Tsunamia at six

575
00:25:56,480 --> 00:25:58,440
Speaker 2: thirty six to forty four this month. To be fair

576
00:25:58,480 --> 00:26:01,400
Speaker 2: to them or to defend them, we don't have a sophisticate,

577
00:26:01,760 --> 00:26:05,560
Speaker 2: sophisticated enough system. I mean, you haven't dropped them a pin.

578
00:26:05,640 --> 00:26:07,040
Speaker 2: They don't know where you are. They just send it

579
00:26:07,080 --> 00:26:08,920
Speaker 2: out to everybody, and with the hope that if you

580
00:26:08,960 --> 00:26:11,240
Speaker 2: happen to be wandering by a sea shore sometime where

581
00:26:11,240 --> 00:26:13,080
Speaker 2: you're stuck on a boat, then you might be getting

582
00:26:13,080 --> 00:26:14,399
Speaker 2: the message. And the rest of us, of course, the

583
00:26:14,480 --> 00:26:18,120
Speaker 2: majority of us particularly bothered by it. Ten away from seven.

584
00:26:18,640 --> 00:26:22,600
Speaker 1: The Mike Hosking Breakfast with Bailey's Real Estate News dogs'd

585
00:26:22,640 --> 00:26:23,120
Speaker 1: be got.

586
00:26:23,119 --> 00:26:25,000
Speaker 2: The good news. Andrew mentioned it and this shear's got

587
00:26:25,040 --> 00:26:27,720
Speaker 2: whacked yesterday. But in general, and we've done it a

588
00:26:27,800 --> 00:26:30,320
Speaker 2: bit on the show, Simile Milk has had a whole

589
00:26:30,320 --> 00:26:32,199
Speaker 2: bunch of problems I won't bore you with. But anyway,

590
00:26:32,280 --> 00:26:34,840
Speaker 2: they came out yesterday and they're going to report they

591
00:26:34,880 --> 00:26:36,960
Speaker 2: expect to report a big lift in their underlying earnings.

592
00:26:37,000 --> 00:26:38,520
Speaker 2: I mean, they're in dairy. If you can't do well

593
00:26:38,560 --> 00:26:39,840
Speaker 2: and dry at the moment, you shouldn't be in the

594
00:26:39,920 --> 00:26:42,360
Speaker 2: dairy business. But anyway, they made a reason, a sort

595
00:26:42,400 --> 00:26:45,000
Speaker 2: of a positive ish announcement. They needed money, and they

596
00:26:45,160 --> 00:26:46,560
Speaker 2: made a boat and all that sort of stuff. But

597
00:26:46,640 --> 00:26:49,920
Speaker 2: it seems to be coming right. And Paper Plus for

598
00:26:50,040 --> 00:26:51,800
Speaker 2: reasons that I've never quite got to the bottom of,

599
00:26:51,840 --> 00:26:54,520
Speaker 2: and I suppose it doesn't really matter, but they ran

600
00:26:54,600 --> 00:26:59,240
Speaker 2: into trouble, but they returned to profit and they've renegotiated

601
00:26:59,280 --> 00:27:02,480
Speaker 2: their loans with the they raised some new capital and

602
00:27:03,320 --> 00:27:07,199
Speaker 2: the total sales rising, and so things are looking up

603
00:27:07,640 --> 00:27:09,639
Speaker 2: for Paper Plus because we all know paper Plus. I

604
00:27:09,680 --> 00:27:11,200
Speaker 2: think we all like paper Plus, don't we? And we

605
00:27:11,240 --> 00:27:13,680
Speaker 2: all want, you know, businesses that have been doing a

606
00:27:13,720 --> 00:27:15,920
Speaker 2: bit poorly to do a bit better. We're six away

607
00:27:15,960 --> 00:27:19,080
Speaker 2: from seven PA, the ins and the ouse.

608
00:27:19,400 --> 00:27:23,480
Speaker 1: It's the bizz with business fiber take your business productivity

609
00:27:23,600 --> 00:27:24,919
Speaker 1: to the next lest boy.

610
00:27:24,840 --> 00:27:26,679
Speaker 2: Got some car talk for you. The tariffs are there

611
00:27:26,720 --> 00:27:28,760
Speaker 2: were a nightmare, so we told you last week. GM's

612
00:27:28,760 --> 00:27:31,360
Speaker 2: taking a one point eight two billion one point eight

613
00:27:31,400 --> 00:27:34,880
Speaker 2: two billion dollar hit to their second quarter earnings. Expects

614
00:27:35,000 --> 00:27:37,800
Speaker 2: it to get worse than Q three stillantis. That's everything

615
00:27:37,880 --> 00:27:40,920
Speaker 2: from Dodge to Maserati to Welfa. Tariffs of cost in

616
00:27:40,960 --> 00:27:43,680
Speaker 2: five hundred and eighty so far million It was expected

617
00:27:43,720 --> 00:27:45,639
Speaker 2: to be a two point nine billion dollar hit over all.

618
00:27:45,880 --> 00:27:48,440
Speaker 2: The new figures show net revenue fell thirteen percent of

619
00:27:48,480 --> 00:27:49,680
Speaker 2: the first half of the year and they've had a

620
00:27:49,720 --> 00:27:51,840
Speaker 2: net loss of four and a half billion competed to

621
00:27:51,920 --> 00:27:54,000
Speaker 2: a profit of ten point nine billion this time last year.

622
00:27:54,000 --> 00:27:55,719
Speaker 2: I mean, just think about those two numbers. Last year

623
00:27:55,800 --> 00:27:59,399
Speaker 2: making ten point nine billion profit this year this time,

624
00:27:59,400 --> 00:28:01,480
Speaker 2: you're making four half million dollars loss. I mean, just

625
00:28:01,560 --> 00:28:02,920
Speaker 2: to do the math and look at the swing in that.

626
00:28:03,040 --> 00:28:05,879
Speaker 2: I mean, it's extraordinary this morning. Now we've got Porsche,

627
00:28:05,920 --> 00:28:08,920
Speaker 2: we got Aston, and we've got Mercedes. They've all got trouble.

628
00:28:09,000 --> 00:28:12,760
Speaker 2: Mercedes inning before takes down sixty eight percent for the

629
00:28:12,800 --> 00:28:15,560
Speaker 2: first six months of the year. They anticipate revenue for

630
00:28:15,600 --> 00:28:19,159
Speaker 2: the year to be quote unquote significantly lower. Porsche, the

631
00:28:19,240 --> 00:28:21,760
Speaker 2: tariffs have cost them seven hundred and seventy five million

632
00:28:21,840 --> 00:28:25,240
Speaker 2: so far. They've been priced protecting for the customers. But

633
00:28:25,280 --> 00:28:27,119
Speaker 2: that's about to end. So you nine to elevens just

634
00:28:27,200 --> 00:28:29,800
Speaker 2: suddenly got more expensible. Will but only in America. They

635
00:28:29,920 --> 00:28:32,280
Speaker 2: only did this only for America. Do understand this isn't global,

636
00:28:32,320 --> 00:28:35,159
Speaker 2: This is for America. The profit was one point nine

637
00:28:35,240 --> 00:28:37,240
Speaker 2: billion Porsche. That's for the first six months of the

638
00:28:37,320 --> 00:28:40,040
Speaker 2: year globally, compared to six billion last year. So they've

639
00:28:40,040 --> 00:28:41,600
Speaker 2: gone from six to one point nine. I mean there's

640
00:28:41,640 --> 00:28:45,120
Speaker 2: a hit. Volkswagen have flagged two and a half billion

641
00:28:45,280 --> 00:28:48,400
Speaker 2: a hit to their operating profit ASTON. They've had a

642
00:28:48,440 --> 00:28:50,360
Speaker 2: twenty five percent fall in revenue for the first six

643
00:28:50,440 --> 00:28:52,760
Speaker 2: months and operating loss of twenty seven percent compared to

644
00:28:52,880 --> 00:28:55,600
Speaker 2: last year. So what do you do when your costs

645
00:28:55,600 --> 00:28:57,440
Speaker 2: are higher and your profit isn't strong. You pass it on.

646
00:28:57,560 --> 00:28:59,920
Speaker 2: Of course, Porsche announced the price increased US only between

647
00:29:00,080 --> 00:29:05,040
Speaker 2: to two point three and three point six percent. Aston

648
00:29:05,080 --> 00:29:08,760
Speaker 2: abraves their prices for US customers by three percent. Ford

649
00:29:08,880 --> 00:29:10,720
Speaker 2: are going to report their Q two earnings after the

650
00:29:10,760 --> 00:29:13,880
Speaker 2: bell today. That's about eight out time. But they said

651
00:29:13,880 --> 00:29:15,440
Speaker 2: earlier they were expecting a two and a half billion

652
00:29:15,440 --> 00:29:18,000
Speaker 2: dollar hit to their twenty five profit before they dropped

653
00:29:18,000 --> 00:29:20,440
Speaker 2: their forecast for the year entirely because they said predicting

654
00:29:20,440 --> 00:29:23,640
Speaker 2: the future with tarifs has become too hard. So I

655
00:29:23,680 --> 00:29:25,640
Speaker 2: don't know how this is playing out in America at

656
00:29:25,640 --> 00:29:27,160
Speaker 2: the moment because everyone's up in the air and no

657
00:29:27,200 --> 00:29:28,920
Speaker 2: one's got a clue what's going on. But at some

658
00:29:29,120 --> 00:29:32,760
Speaker 2: point there's about three hundred and something million Americans who

659
00:29:32,840 --> 00:29:34,600
Speaker 2: are going to buy a car or going to buy

660
00:29:34,640 --> 00:29:36,520
Speaker 2: a pair of poomas or a pair of Addi Das

661
00:29:37,240 --> 00:29:39,840
Speaker 2: awesome Lulu Booboo dolls or whatever the hell they are,

662
00:29:40,120 --> 00:29:43,120
Speaker 2: and they're going to go they seem like they're a

663
00:29:43,200 --> 00:29:44,920
Speaker 2: bit more expensive than they were last year. And then

664
00:29:44,920 --> 00:29:48,320
Speaker 2: they're going to say, but Trump said, China will eat them,

665
00:29:48,440 --> 00:29:50,360
Speaker 2: and Porsch will eat them, and everyone will leat them,

666
00:29:50,360 --> 00:29:52,200
Speaker 2: but I won't be any worse off. And yet suddenly

667
00:29:52,280 --> 00:29:54,479
Speaker 2: I am. And that I think is ultimately where it's

668
00:29:54,520 --> 00:29:56,239
Speaker 2: going to start to go a little bit wrong. Right

669
00:29:56,360 --> 00:29:59,840
Speaker 2: care we bank half a billion? Does half a billion

670
00:30:00,120 --> 00:30:02,560
Speaker 2: shift the market in terms of banking competition? Have a

671
00:30:02,600 --> 00:30:04,080
Speaker 2: look at this in a moment after the news, which

672
00:30:04,160 --> 00:30:06,400
Speaker 2: is next, You're on the My Costing Breakfast.

673
00:30:06,360 --> 00:30:11,600
Speaker 1: Person, Maazarni, the only report you need to start your day.

674
00:30:11,920 --> 00:30:15,280
Speaker 1: The Mic Costing break best with Bailey's real estate all

675
00:30:15,400 --> 00:30:19,400
Speaker 1: together better across residential, commercial, and rural news togs Head be.

676
00:30:19,520 --> 00:30:21,840
Speaker 2: Only seven past seven to movement and banking. Kiwi Bank

677
00:30:21,880 --> 00:30:23,480
Speaker 2: have got the green light for a half billion dollar

678
00:30:23,560 --> 00:30:25,720
Speaker 2: capital injection. This is part of the government's idea that

679
00:30:25,760 --> 00:30:27,840
Speaker 2: if Kiwibank gets a bigger book, they can lend more,

680
00:30:27,920 --> 00:30:30,640
Speaker 2: grow more, provide more competition in the sector. Sam Stubbs

681
00:30:30,680 --> 00:30:32,640
Speaker 2: as the founder of Simplicity Kiwi Saber and it is

682
00:30:32,640 --> 00:30:35,960
Speaker 2: with us, Sam, Morning Morning, make your scheme be in.

683
00:30:37,680 --> 00:30:38,840
Speaker 12: Look at the right price.

684
00:30:38,920 --> 00:30:40,520
Speaker 18: Yes we would and as long as we knew that

685
00:30:40,600 --> 00:30:42,760
Speaker 18: this was just the first step down a journey of

686
00:30:42,800 --> 00:30:44,760
Speaker 18: getting que bank could be really big because five hundred

687
00:30:44,760 --> 00:30:46,640
Speaker 18: million dollars sounds a lot, but in banking terms is

688
00:30:46,720 --> 00:30:48,760
Speaker 18: just to drop in the ocean exactly. Quev Bank would

689
00:30:48,760 --> 00:30:51,160
Speaker 18: need to raise between ten and twenty billion dollars to

690
00:30:51,400 --> 00:30:53,000
Speaker 18: seriously take on the Aussie.

691
00:30:52,720 --> 00:30:54,800
Speaker 2: So will there's the money be there, Jinny?

692
00:30:54,960 --> 00:30:58,719
Speaker 18: Do you think, oh yeah, it will be matte If

693
00:30:58,760 --> 00:31:01,840
Speaker 18: you look at QQ server managers right now, Mike, if

694
00:31:01,880 --> 00:31:04,200
Speaker 18: they kept their allocation to New Zealand at thirty percent,

695
00:31:04,240 --> 00:31:06,120
Speaker 18: which is where they are now, in the next twenty

696
00:31:06,160 --> 00:31:08,400
Speaker 18: five years, they've got almost three hundred billion dollars to

697
00:31:08,480 --> 00:31:11,800
Speaker 18: invest in New Zealand, so very we could very very

698
00:31:11,840 --> 00:31:13,920
Speaker 18: easily recapitalize q Evan. By the way, we could also

699
00:31:13,960 --> 00:31:17,120
Speaker 18: build every school, hospital, road power station we needed. This

700
00:31:17,160 --> 00:31:20,160
Speaker 18: whole infrastructure episode can be now funded by Kiwi Saber.

701
00:31:20,600 --> 00:31:21,400
Speaker 18: It just takes time.

702
00:31:21,600 --> 00:31:23,720
Speaker 2: You need return on the money. As far as what

703
00:31:23,840 --> 00:31:25,840
Speaker 2: will will it even if you could get the money

704
00:31:25,880 --> 00:31:28,280
Speaker 2: to Kei we Saber and the volume you want, does

705
00:31:28,360 --> 00:31:29,920
Speaker 2: it change the banking market.

706
00:31:31,120 --> 00:31:33,960
Speaker 18: It changes the banking market slowly over time, Mike, So

707
00:31:34,080 --> 00:31:37,800
Speaker 18: that there's no magic wand here. Kmibank has been undercapitalized

708
00:31:37,800 --> 00:31:39,880
Speaker 18: for a couple of decades. Now it will take time

709
00:31:39,920 --> 00:31:42,760
Speaker 18: to get it up there. Look, in the worst possible circumstance,

710
00:31:42,880 --> 00:31:44,720
Speaker 18: let's pretend KIV Bank becomes really big and it just

711
00:31:44,760 --> 00:31:47,120
Speaker 18: starts behaving like the Aussies. Right, so you have five

712
00:31:47,200 --> 00:31:50,120
Speaker 18: banks making superprofits, not four. Well, at least one of

713
00:31:50,200 --> 00:31:52,880
Speaker 18: them those profits will go back into our Kiwi Saber, right,

714
00:31:53,120 --> 00:31:56,280
Speaker 18: so you know we need at least one really really big,

715
00:31:56,360 --> 00:31:59,400
Speaker 18: hairy national champion. I do think it'll bring pricing pressure

716
00:31:59,440 --> 00:32:02,400
Speaker 18: into to the market. There's very little of it right now.

717
00:32:02,440 --> 00:32:04,120
Speaker 18: But this is going to take time. It's going to

718
00:32:04,160 --> 00:32:06,400
Speaker 18: take lot, you know, plenty of money, but at least

719
00:32:06,400 --> 00:32:07,600
Speaker 18: we started the journey, you know.

720
00:32:07,800 --> 00:32:11,640
Speaker 2: Okay, the main push for them needs to be where domestical, commercial.

721
00:32:13,600 --> 00:32:16,520
Speaker 18: Both The the easiest thing pretty bank to do is

722
00:32:16,560 --> 00:32:18,680
Speaker 18: to lend on first mortgages. That's not necessarily where I

723
00:32:18,720 --> 00:32:20,200
Speaker 18: think we most need the money. I think I think

724
00:32:20,520 --> 00:32:23,400
Speaker 18: it's the commercial sector and the rural sector probably need

725
00:32:23,920 --> 00:32:26,400
Speaker 18: need that money more because that's where the Aussie banks

726
00:32:26,440 --> 00:32:28,320
Speaker 18: have been pulling out because it's just been so easy

727
00:32:28,400 --> 00:32:31,760
Speaker 18: to lend on on first mortgages. So there's also really

728
00:32:31,840 --> 00:32:35,200
Speaker 18: really good margins there as well. So that's where I

729
00:32:35,280 --> 00:32:37,000
Speaker 18: would like them to be focused if they got the

730
00:32:37,040 --> 00:32:39,160
Speaker 18: additional money. But of course they'll have their own board

731
00:32:39,160 --> 00:32:41,280
Speaker 18: and make up their own mind. But the most important thing,

732
00:32:41,360 --> 00:32:43,440
Speaker 18: Mike is that you know, we need more We need

733
00:32:43,520 --> 00:32:45,800
Speaker 18: more competition and we just don't have enough competition.

734
00:32:46,000 --> 00:32:48,760
Speaker 2: Good stuff. Appreciate at Sam Stubbs, who's with simplicity. Of course,

735
00:32:48,800 --> 00:32:51,480
Speaker 2: it's ten minutes past seven now ask getting to the

736
00:32:51,560 --> 00:32:54,400
Speaker 2: courts where we've updated protocols for judge alone trials. They'll

737
00:32:54,440 --> 00:32:58,400
Speaker 2: be implemented nationwide from tomorrow. It involves teleconferences between prosecution

738
00:32:58,520 --> 00:33:00,400
Speaker 2: and the fence. Three weeks before that try to help

739
00:33:00,440 --> 00:33:03,920
Speaker 2: streamline the process. We've also got progress on sentencing adjournments.

740
00:33:03,920 --> 00:33:06,200
Speaker 2: They've dropped from thirty six to twenty nine percent, with

741
00:33:06,360 --> 00:33:08,400
Speaker 2: nearly twenty nine hundred few It delays all of the

742
00:33:08,480 --> 00:33:10,800
Speaker 2: sounds reasonable. Nicle the Key's the Minister for Courts with

743
00:33:11,280 --> 00:33:13,320
Speaker 2: of course, and is back with us. Very good morning,

744
00:33:14,080 --> 00:33:16,600
Speaker 2: Good morning, Mike. As all of this come together as

745
00:33:16,640 --> 00:33:19,880
Speaker 2: this material, we are getting better and tracking will Is

746
00:33:19,920 --> 00:33:20,320
Speaker 2: that fair?

747
00:33:21,280 --> 00:33:23,760
Speaker 19: Yes, We're on the right track. I mean this is

748
00:33:23,800 --> 00:33:26,959
Speaker 19: a mammoth task trying to speed up the court system,

749
00:33:27,120 --> 00:33:30,360
Speaker 19: and I think we've been trying it over successive governments.

750
00:33:30,920 --> 00:33:33,400
Speaker 19: I think where we've really won with this one is

751
00:33:33,440 --> 00:33:37,000
Speaker 19: having the Chief District Court Judge timnu come in and say,

752
00:33:37,360 --> 00:33:39,960
Speaker 19: I'm going to get on board with what the beehives directing.

753
00:33:40,560 --> 00:33:41,440
Speaker 7: How can we do this?

754
00:33:41,800 --> 00:33:46,720
Speaker 19: And he's come out with some really good timeliness protocols, programs,

755
00:33:46,880 --> 00:33:50,120
Speaker 19: case review hearing and if I can, Mike, just let

756
00:33:50,320 --> 00:33:52,880
Speaker 19: me run through very quickly what it all means. So

757
00:33:53,080 --> 00:33:55,720
Speaker 19: three weeks before a trial, as you said, Register of

758
00:33:55,800 --> 00:33:59,040
Speaker 19: the Court's going to contact the prosecution and defense and say.

759
00:33:59,040 --> 00:33:59,920
Speaker 1: Are you ready to proceed?

760
00:34:00,480 --> 00:34:03,000
Speaker 19: And if you are, what's the priority? Has this person

761
00:34:03,120 --> 00:34:05,960
Speaker 19: been on remand for a long time? And if that

762
00:34:06,080 --> 00:34:08,759
Speaker 19: person has, let's put them first, and then I'll set

763
00:34:08,840 --> 00:34:11,160
Speaker 19: the hearing down. Then it'll get to the day of

764
00:34:11,239 --> 00:34:13,680
Speaker 19: the trial. And when we have the day of the

765
00:34:13,760 --> 00:34:15,759
Speaker 19: trial instead of it's starting at ten o'clock in the

766
00:34:15,840 --> 00:34:18,759
Speaker 19: morning and the judge's right, is everybody ready? The judge

767
00:34:18,840 --> 00:34:20,640
Speaker 19: is going to start at nine or nine point thirty,

768
00:34:20,960 --> 00:34:23,400
Speaker 19: go through all of the cases that are there and

769
00:34:23,480 --> 00:34:26,320
Speaker 19: say are these people ready? And have we got the

770
00:34:26,400 --> 00:34:29,200
Speaker 19: priority right? So those that have been on remand get

771
00:34:29,280 --> 00:34:32,279
Speaker 19: heard first, and when they say yes, we are or no,

772
00:34:32,440 --> 00:34:34,399
Speaker 19: this one's not. This guy's going to change his mind

773
00:34:34,440 --> 00:34:36,560
Speaker 19: and he's now going to plead guilty, he actually comes

774
00:34:36,600 --> 00:34:38,719
Speaker 19: off that list. And when he comes off that list,

775
00:34:38,800 --> 00:34:41,560
Speaker 19: it frees up the space for someone else. So those

776
00:34:41,640 --> 00:34:44,520
Speaker 19: people will know when through the day that they will

777
00:34:44,600 --> 00:34:47,200
Speaker 19: be there. And further to that, with the case review

778
00:34:47,880 --> 00:34:50,239
Speaker 19: notes or hearing guidelines that's going to come out on

779
00:34:50,360 --> 00:34:53,120
Speaker 19: Friday as well, it means that if a person says

780
00:34:53,280 --> 00:34:56,640
Speaker 19: I plead not guilty within ten days, the registrar is

781
00:34:56,680 --> 00:34:59,000
Speaker 19: going to get hold of the prosecutor and say what's

782
00:34:59,040 --> 00:35:01,520
Speaker 19: your evidence for this, just to check whether or not

783
00:35:01,600 --> 00:35:04,680
Speaker 19: it's the case that's worthwhile going through and where we've

784
00:35:04,760 --> 00:35:08,319
Speaker 19: piloted it, we've seen good results. So this, on top

785
00:35:08,360 --> 00:35:10,719
Speaker 19: of the other changes we're making, it's going to make

786
00:35:10,840 --> 00:35:13,800
Speaker 19: huge improvements. And it's what ACT has always said, we

787
00:35:13,920 --> 00:35:17,200
Speaker 19: want fair and timely justice for our victims, and we're

788
00:35:17,200 --> 00:35:18,279
Speaker 19: starting to get their mind.

789
00:35:18,400 --> 00:35:21,799
Speaker 2: It also seems logical a part flary this judge alone thing, though,

790
00:35:22,080 --> 00:35:24,360
Speaker 2: is that justice being seen to be done. Are we

791
00:35:24,600 --> 00:35:28,800
Speaker 2: open to a bit of postcode judging or justice potentially?

792
00:35:29,719 --> 00:35:31,600
Speaker 19: No, I don't think so, because it's actually going to

793
00:35:31,680 --> 00:35:36,160
Speaker 19: be based on the need, the readiness of the trial

794
00:35:36,280 --> 00:35:39,000
Speaker 19: and the need of the person who is being prosecuted,

795
00:35:39,440 --> 00:35:41,560
Speaker 19: especially those ones that have been sitting on remand for

796
00:35:41,640 --> 00:35:44,600
Speaker 19: a long time. We've had quite a few people plead

797
00:35:44,719 --> 00:35:48,520
Speaker 19: not guilty and change their pleas later on in the process,

798
00:35:48,840 --> 00:35:51,120
Speaker 19: and that's what causes a lot of delays, because we

799
00:35:51,200 --> 00:35:54,000
Speaker 19: set down these hearing dates and then they change their minds,

800
00:35:54,040 --> 00:35:56,200
Speaker 19: but they change their mind on that day. So I

801
00:35:56,239 --> 00:35:57,440
Speaker 19: don't think it has anything to.

802
00:35:57,440 --> 00:35:58,279
Speaker 12: Do with where you live.

803
00:35:58,640 --> 00:36:02,080
Speaker 19: It's more about speed up the entire process so you

804
00:36:02,239 --> 00:36:05,560
Speaker 19: get seen early and there's that tiny justice for victims

805
00:36:05,600 --> 00:36:05,920
Speaker 19: as well.

806
00:36:06,040 --> 00:36:08,080
Speaker 2: Good stuff to cold appreciate it. Nicole McKee, who's the

807
00:36:08,239 --> 00:36:10,160
Speaker 2: Justice Minister or Minister for Court, so I should say

808
00:36:10,160 --> 00:36:13,000
Speaker 2: she's not the Justice Minister for Goldsmith's thirteen minutes past

809
00:36:13,080 --> 00:36:18,719
Speaker 2: seven Oscar more details. It's the silliest story, but more

810
00:36:18,800 --> 00:36:23,200
Speaker 2: details on Adrianaw's quote unquote shock resignation. So we've got

811
00:36:23,239 --> 00:36:27,239
Speaker 2: some just released meeting minutes and in the meeting all

812
00:36:27,320 --> 00:36:29,600
Speaker 2: left early. He had a meeting with the Finance Minister

813
00:36:30,200 --> 00:36:34,600
Speaker 2: and the Treasury and just over a week before his resignation.

814
00:36:34,760 --> 00:36:37,120
Speaker 2: So the minutes which were taken by a Treasury showed

815
00:36:37,160 --> 00:36:40,080
Speaker 2: that all quote unquote made it clear he disagreed with

816
00:36:40,160 --> 00:36:42,480
Speaker 2: the Treasury over the amount of the government funding deem necessary.

817
00:36:42,680 --> 00:36:45,359
Speaker 2: He expressed his frustration regarding the relationship between the RB

818
00:36:45,440 --> 00:36:47,399
Speaker 2: and the Treasury before leaving the meeting. So in other words,

819
00:36:47,440 --> 00:36:48,719
Speaker 2: he packed his sad, stormed out and that was the

820
00:36:48,800 --> 00:36:52,120
Speaker 2: end of that. That was then left to Quiggley, the chair,

821
00:36:52,239 --> 00:36:54,759
Speaker 2: the RB chair, to write to war and say, hey,

822
00:36:54,920 --> 00:36:57,640
Speaker 2: you know, a little bit frothy, buddy, tone it down.

823
00:36:57,760 --> 00:37:00,839
Speaker 2: All words to that effect. And so as I said

824
00:37:00,880 --> 00:37:03,320
Speaker 2: the other day when the initial information came out of this.

825
00:37:03,480 --> 00:37:06,040
Speaker 2: All that happened was they were trying to run the

826
00:37:06,120 --> 00:37:09,080
Speaker 2: Reserve Bank for Less. Quickly said, by the way, at

827
00:37:09,120 --> 00:37:13,279
Speaker 2: the meeting that the board were in alignment with the

828
00:37:13,400 --> 00:37:16,400
Speaker 2: government or Treasury as opposed to the Executive of the

829
00:37:16,440 --> 00:37:18,320
Speaker 2: Reserve Bank. In other words, Quickly was siding with the

830
00:37:18,360 --> 00:37:22,160
Speaker 2: government as opposed to war. So that's fine, But all

831
00:37:22,239 --> 00:37:24,480
Speaker 2: we needed to say at the time, all Adrian ever

832
00:37:24,560 --> 00:37:26,480
Speaker 2: needed to say was, look, they wanted me to run

833
00:37:26,520 --> 00:37:30,000
Speaker 2: this place with less. I didn't find it acceptable. Therefore

834
00:37:30,040 --> 00:37:34,279
Speaker 2: I've resigned. What's so difficult about saying that? And yet

835
00:37:34,320 --> 00:37:36,240
Speaker 2: we've had weeks worth of this sort of weird mystery.

836
00:37:36,480 --> 00:37:41,440
Speaker 1: Fourteen Past the Mike Asking Breakfast Full Show podcast on

837
00:37:41,719 --> 00:37:44,080
Speaker 1: iHeartRadio powered by News Talks.

838
00:37:43,800 --> 00:37:46,839
Speaker 2: At be Shane Jones on geothermal in just a couple

839
00:37:46,880 --> 00:37:49,600
Speaker 2: of moments. Interesting draft released yesterday and it's what it

840
00:37:49,680 --> 00:37:51,839
Speaker 2: seems to have flown under the radar. Geothermal While we're

841
00:37:51,840 --> 00:37:53,600
Speaker 2: all talking oil and gas and sort of stuff and

842
00:37:53,680 --> 00:37:57,440
Speaker 2: offshore and drilling and good old geothermal seems to have

843
00:37:57,480 --> 00:37:59,239
Speaker 2: flown under the radar. But more on that for you

844
00:37:59,280 --> 00:38:02,920
Speaker 2: shortly meantime. More cost plus accounting this time from the airways. Now,

845
00:38:02,960 --> 00:38:05,279
Speaker 2: Airways are the people responsible for air traffic management in

846
00:38:05,320 --> 00:38:07,399
Speaker 2: this country. They're putting the fees up seventeen point seven

847
00:38:07,400 --> 00:38:09,839
Speaker 2: percent over the next three years, so that's seven point

848
00:38:09,880 --> 00:38:11,600
Speaker 2: eight and year one six point five and year two

849
00:38:11,600 --> 00:38:14,680
Speaker 2: two point five and year three. Katherine Bryan's executive director

850
00:38:14,680 --> 00:38:17,320
Speaker 2: of the Border Airline Representative, senders with us Kath morning,

851
00:38:18,120 --> 00:38:19,800
Speaker 2: Good morning mate. Do you get any saying this?

852
00:38:21,080 --> 00:38:23,279
Speaker 7: Yeah, look we do, and you know, to be fair

853
00:38:23,280 --> 00:38:25,680
Speaker 7: to airways, we have had some consultation with them over

854
00:38:25,719 --> 00:38:29,040
Speaker 7: the last three while and they have moderated their price increases.

855
00:38:29,080 --> 00:38:31,520
Speaker 7: So instead of seeing you know, fourteen percent in year one,

856
00:38:31,560 --> 00:38:33,960
Speaker 7: which we did originally see, we're now saying, you know,

857
00:38:34,000 --> 00:38:36,400
Speaker 7: I set that seven point eight percent, as you say, so,

858
00:38:36,800 --> 00:38:40,040
Speaker 7: so it's less bad than it it could have been.

859
00:38:40,520 --> 00:38:43,160
Speaker 2: We gained or played do they go instead of seven

860
00:38:43,160 --> 00:38:44,680
Speaker 2: point eight, they go, well, it's going to be thirteen

861
00:38:44,680 --> 00:38:46,840
Speaker 2: point two and you go no, no, and they go,

862
00:38:46,960 --> 00:38:48,040
Speaker 2: all right, seven point eight.

863
00:38:49,040 --> 00:38:51,480
Speaker 7: Yeah. Look, I mean who knows, right, but certainly it's

864
00:38:51,520 --> 00:38:53,960
Speaker 7: been a detailed consultation process that has taken a long

865
00:38:54,040 --> 00:38:56,279
Speaker 7: time and longer than usual. So you know, I'd like

866
00:38:56,360 --> 00:38:59,080
Speaker 7: to think that we're all playing with us straight back here,

867
00:38:59,520 --> 00:39:02,160
Speaker 7: but you know, here we are another cost for airlines.

868
00:39:02,440 --> 00:39:04,440
Speaker 7: You know, on and on it goes, and I think

869
00:39:04,440 --> 00:39:06,520
Speaker 7: we're really starting seeing the effects of that. I heard

870
00:39:06,800 --> 00:39:08,960
Speaker 7: dune from air chats on the on the air this morning.

871
00:39:09,320 --> 00:39:10,920
Speaker 2: Do you get anything for it?

872
00:39:13,640 --> 00:39:15,600
Speaker 7: Well, we get a safe and secure sky.

873
00:39:15,800 --> 00:39:17,239
Speaker 2: Yeah, but you got that already. I mean, do you

874
00:39:17,320 --> 00:39:19,160
Speaker 2: get a more safe and secure sky? Do you get

875
00:39:19,160 --> 00:39:21,160
Speaker 2: a Christmas present? I mean, does anything change or.

876
00:39:21,160 --> 00:39:21,799
Speaker 10: You just pay more?

877
00:39:22,560 --> 00:39:24,600
Speaker 7: There's not a free set of staatenes, but I think

878
00:39:25,040 --> 00:39:28,719
Speaker 7: we do. We do get you know, the ongoing investment

879
00:39:28,880 --> 00:39:32,000
Speaker 7: in the in the aviation system, and it's and it's

880
00:39:32,320 --> 00:39:35,080
Speaker 7: provision of their services. So you know that's important. And

881
00:39:35,480 --> 00:39:38,680
Speaker 7: it's not for airlines to say no, air traffic control

882
00:39:38,800 --> 00:39:40,879
Speaker 7: is not important. Until no, we shouldn't continue to invest.

883
00:39:41,080 --> 00:39:44,360
Speaker 7: Of course we want that. But in New Zealand airlines

884
00:39:44,480 --> 00:39:47,560
Speaker 7: pay for everything. We pay for the air traffic control,

885
00:39:47,640 --> 00:39:49,840
Speaker 7: we pay for the Civil Aviation Authority, all of it.

886
00:39:50,040 --> 00:39:53,520
Speaker 7: We pay for every single airport building that's ever built.

887
00:39:53,960 --> 00:39:57,080
Speaker 7: And actually and lots of other countries there's state investment

888
00:39:57,200 --> 00:39:58,080
Speaker 7: in some of those things.

889
00:39:58,480 --> 00:39:59,160
Speaker 18: And in New Zealand.

890
00:39:59,160 --> 00:40:01,920
Speaker 7: We're passing all all of those costs onto airlines and

891
00:40:02,040 --> 00:40:04,440
Speaker 7: that is starting to become a very heavy burden and.

892
00:40:04,440 --> 00:40:07,239
Speaker 2: That'll go straight to the ticket won air looks for.

893
00:40:07,280 --> 00:40:09,880
Speaker 7: Sure, and it will, you know, for the smaller carriers

894
00:40:09,960 --> 00:40:12,560
Speaker 7: if you add you know, the sixty percent increase in

895
00:40:12,640 --> 00:40:14,959
Speaker 7: Orklin airport charges between twenty twenty three and twenty twenty

896
00:40:14,960 --> 00:40:16,680
Speaker 7: four for regionals, or you add this one hundred and

897
00:40:16,680 --> 00:40:19,560
Speaker 7: forty five percent increase in civil aviation costs is from

898
00:40:19,600 --> 00:40:22,160
Speaker 7: one July this year for smaller airlines, this is really

899
00:40:22,200 --> 00:40:25,520
Speaker 7: starting to become a problem and we're seeing that with

900
00:40:25,640 --> 00:40:28,920
Speaker 7: a decision from Sounds. And you know, we're also seeing

901
00:40:30,239 --> 00:40:34,440
Speaker 7: New Zealand struggle to recover its international air connectivity. So

902
00:40:34,800 --> 00:40:37,399
Speaker 7: airlines are not returning to this market in a way

903
00:40:37,440 --> 00:40:40,600
Speaker 7: that's different from the rest of the world, and that

904
00:40:40,920 --> 00:40:41,520
Speaker 7: is a concern.

905
00:40:41,719 --> 00:40:43,400
Speaker 2: It's a very good point you, Mike Well and Kath

906
00:40:43,440 --> 00:40:47,480
Speaker 2: appreciate it. Kath O'Brien, who's executive director Board of Airline Representatives. Right,

907
00:40:47,560 --> 00:40:49,440
Speaker 2: let's get into this business of oil and gas in

908
00:40:49,440 --> 00:40:50,920
Speaker 2: a couple of moments. Seven twenty.

909
00:40:52,600 --> 00:40:57,400
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

910
00:40:57,480 --> 00:40:58,480
Speaker 1: by News Talks B.

911
00:41:00,600 --> 00:41:02,600
Speaker 2: Let me tell you about Happy Pet. Happy Pets. Well,

912
00:41:02,640 --> 00:41:04,480
Speaker 2: the name sums up the business. Basically, if you've got

913
00:41:04,520 --> 00:41:06,919
Speaker 2: a pet, you got to know about Happy Pet's family

914
00:41:06,960 --> 00:41:09,600
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915
00:41:09,719 --> 00:41:12,600
Speaker 2: delicious full range of natural products, dog chewose, cat treats,

916
00:41:12,680 --> 00:41:16,000
Speaker 2: dog treats, even the pet supplements one hundred percent venison based,

917
00:41:16,200 --> 00:41:18,400
Speaker 2: all made in a small factory just outside Wantica. Now,

918
00:41:18,480 --> 00:41:21,200
Speaker 2: these dog and cat treats are super special for many reasons.

919
00:41:21,239 --> 00:41:25,000
Speaker 2: For a start, nothing's added, nothing's taken away, which means

920
00:41:25,080 --> 00:41:27,360
Speaker 2: your pet gets the highest level of nutritional goodness and

921
00:41:27,400 --> 00:41:30,160
Speaker 2: you get incredible value for money. So when when Wanica

922
00:41:30,200 --> 00:41:33,880
Speaker 2: connection very important because that clean Mountain air is absolutely

923
00:41:33,960 --> 00:41:36,040
Speaker 2: perfect for the cold drying of the Happy Pet Venison

924
00:41:36,040 --> 00:41:39,360
Speaker 2: treats and chews. So cold drying retains the gamey flavor,

925
00:41:39,400 --> 00:41:41,040
Speaker 2: the smell, the text. Youre the real deal and the

926
00:41:41,120 --> 00:41:44,000
Speaker 2: pets pets love it. So give Happy Pet to go.

927
00:41:44,520 --> 00:41:46,279
Speaker 2: You can find them at your favorite pet store or

928
00:41:46,719 --> 00:41:48,880
Speaker 2: have Happy Pet delivered to your door, which is what

929
00:41:49,000 --> 00:41:51,400
Speaker 2: we do, direct from beautiful Wannica and you go to

930
00:41:51,480 --> 00:41:53,440
Speaker 2: Happy Pet dot Co. Dot ins. It couldn't be simpler,

931
00:41:53,480 --> 00:41:57,160
Speaker 2: So treat them with happiness and one hundred percent Venison treats.

932
00:41:57,200 --> 00:42:00,239
Speaker 2: You go to happy pet dot co dot in Z

933
00:42:01,719 --> 00:42:03,960
Speaker 2: sevenardy four. You want to talk about doing stuff that matters,

934
00:42:04,040 --> 00:42:06,960
Speaker 2: this week will produce one of the great ones. Repealing

935
00:42:07,040 --> 00:42:09,360
Speaker 2: the oil and gas ban, as the government are about

936
00:42:09,360 --> 00:42:12,719
Speaker 2: to do, puts right an egregious wrong, possibly the most

937
00:42:12,760 --> 00:42:16,360
Speaker 2: egregious wrong of the last government. What gives us current government,

938
00:42:16,800 --> 00:42:18,840
Speaker 2: I would argue, are better than even chance of a

939
00:42:18,880 --> 00:42:21,080
Speaker 2: second term, is the fact the damage done to the

940
00:42:21,120 --> 00:42:23,080
Speaker 2: economy was done by the very same people who are

941
00:42:23,120 --> 00:42:26,000
Speaker 2: still in labor, still running labor. Presumably we'll still argue

942
00:42:26,040 --> 00:42:28,800
Speaker 2: for the same recipe for destruction next year. Megan Woods

943
00:42:29,200 --> 00:42:31,719
Speaker 2: still here, drove the oil and gas ban under the

944
00:42:31,760 --> 00:42:34,640
Speaker 2: instruction of you know who. There was no warning, no consultation,

945
00:42:34,840 --> 00:42:38,239
Speaker 2: just a fateful announcement in Taranaki. It was idealism at

946
00:42:38,280 --> 00:42:40,880
Speaker 2: its very very worst. If we had all the windmills

947
00:42:40,880 --> 00:42:42,879
Speaker 2: and solar panels and batteries in place, might have made

948
00:42:42,920 --> 00:42:45,920
Speaker 2: more sense. But as we have seen and felt for

949
00:42:46,000 --> 00:42:48,560
Speaker 2: the past handful of winters, we didn't. We don't not

950
00:42:48,680 --> 00:42:52,040
Speaker 2: even close. What's made of. Particularly galling is that Australia

951
00:42:52,360 --> 00:42:55,040
Speaker 2: has doubled down on gas. It understands gas is the

952
00:42:55,239 --> 00:42:59,439
Speaker 2: transition fuel while the so called renewable transformation takes place.

953
00:43:00,000 --> 00:43:03,640
Speaker 2: Alia's gas industry is run out of Western Australia, which

954
00:43:03,719 --> 00:43:06,799
Speaker 2: is run by a labor government, fed to the rest

955
00:43:06,840 --> 00:43:10,560
Speaker 2: of Australia, which is run by a labor government. And that,

956
00:43:10,680 --> 00:43:13,320
Speaker 2: as I have said before, is what can make labor palatable.

957
00:43:13,440 --> 00:43:16,560
Speaker 2: A centrist labor style party is electable like elbows, like

958
00:43:16,640 --> 00:43:19,120
Speaker 2: Bob Hawk's. The adourn Hipkins version looks like a bunch

959
00:43:19,120 --> 00:43:21,640
Speaker 2: of wonks who never met an economy that couldn't wreck now.

960
00:43:21,719 --> 00:43:25,000
Speaker 2: The repeal won't solve everything overnight. How reputation is so

961
00:43:25,080 --> 00:43:28,840
Speaker 2: badly damaged, a lot of FaceTime and explaining has to

962
00:43:28,880 --> 00:43:31,600
Speaker 2: be undertaken with potential investors. Hence the government's two hundred

963
00:43:31,600 --> 00:43:34,000
Speaker 2: million dollars steak in the Game Fund. If you ever

964
00:43:34,120 --> 00:43:37,160
Speaker 2: wanted a living, breathing, tangible example of a government that

965
00:43:37,200 --> 00:43:39,919
Speaker 2: simply didn't get it, think back to your last couple

966
00:43:39,960 --> 00:43:42,319
Speaker 2: of winters, where the coal pile has never been higher,

967
00:43:42,800 --> 00:43:44,600
Speaker 2: the rain may or may not have come, the gas

968
00:43:44,760 --> 00:43:48,080
Speaker 2: reports keep getting worse, the spot price heads into the stratosphere,

969
00:43:48,320 --> 00:43:50,080
Speaker 2: and your power bill continues to head to the roof.

970
00:43:50,840 --> 00:43:53,759
Speaker 2: That is Labour's energy policy for you. That is the

971
00:43:53,920 --> 00:43:57,880
Speaker 2: labor government idea of a fun winter. Getting that repealed

972
00:43:58,280 --> 00:44:03,200
Speaker 2: is rectifying a shockingly shell ill conceived idea and monumental mistake.

973
00:44:03,840 --> 00:44:04,399
Speaker 4: Fads Gegg.

974
00:44:05,239 --> 00:44:08,960
Speaker 2: Carmala Harris has made an announcement this morning. She will

975
00:44:09,040 --> 00:44:13,560
Speaker 2: not be running for governor of California, so Newsom's time limited.

976
00:44:14,520 --> 00:44:16,719
Speaker 2: I think most Californians would be happy to know that.

977
00:44:17,480 --> 00:44:21,560
Speaker 2: So surely somebody frothy like Carmela would be stepping into

978
00:44:21,560 --> 00:44:23,040
Speaker 2: fill the gap. Not so she's not going to run,

979
00:44:23,080 --> 00:44:25,400
Speaker 2: which leaves you to ask the question, Well, perhaps it

980
00:44:25,400 --> 00:44:27,480
Speaker 2: doesn't because you don't give the monkeys, but perhaps it

981
00:44:27,600 --> 00:44:29,200
Speaker 2: leaves you to ask the question, what is she going

982
00:44:29,280 --> 00:44:31,360
Speaker 2: to do? I mean, what is there for her to do?

983
00:44:32,160 --> 00:44:34,560
Speaker 2: Rob Penny, speaking of jobs, Rob Penny has been which

984
00:44:34,640 --> 00:44:36,600
Speaker 2: is funny because Andrew Sabill last time I talked about

985
00:44:36,640 --> 00:44:39,640
Speaker 2: Rob Penny, Andrew Sabill was seemingly adaming. I think Jason

986
00:44:39,680 --> 00:44:42,799
Speaker 2: Pine was too. On the Monday Morning commentary. I think

987
00:44:42,840 --> 00:44:44,799
Speaker 2: both of them were suggesting Rob wouldn't be back which

988
00:44:44,880 --> 00:44:47,480
Speaker 2: surprised me because I thought, why wouldn't you be back?

989
00:44:47,480 --> 00:44:50,080
Speaker 2: You go and win something. You have a shocking season

990
00:44:50,200 --> 00:44:53,399
Speaker 2: season one and everyone hates you. You turn it around

991
00:44:53,440 --> 00:44:57,320
Speaker 2: in spectacular fashion season two and everybody loves you. Because

992
00:44:57,360 --> 00:45:00,600
Speaker 2: that's the superficiality of sports support, and so why wouldn't

993
00:45:00,600 --> 00:45:02,160
Speaker 2: you come back for a go? So he's announced yesterday

994
00:45:02,200 --> 00:45:04,080
Speaker 2: that he's back for one more year. So it's just

995
00:45:04,280 --> 00:45:07,839
Speaker 2: one year. He's back with James Marshall, Brad Moore, Darren Perrin.

996
00:45:07,880 --> 00:45:10,279
Speaker 2: If these names mean anything to you, if you Crusaders fan,

997
00:45:10,440 --> 00:45:13,640
Speaker 2: Matt Todd and Ryan Crotting. Anyway, it doesn't include a

998
00:45:13,680 --> 00:45:16,880
Speaker 2: twenty seven option, so they're just going to do it

999
00:45:17,040 --> 00:45:19,680
Speaker 2: year by year and hope at the end of the

1000
00:45:19,760 --> 00:45:21,200
Speaker 2: year of things have gone well. He wants to come

1001
00:45:21,239 --> 00:45:22,960
Speaker 2: back for one more but Rob Penny is one of

1002
00:45:22,960 --> 00:45:24,880
Speaker 2: the best in the business, so we're very pleased to

1003
00:45:24,920 --> 00:45:28,600
Speaker 2: have him back. Shane Jones, GEO Thermal, is your future

1004
00:45:28,920 --> 00:45:30,560
Speaker 2: draft plan out. We'll work you through some of the

1005
00:45:30,640 --> 00:45:33,120
Speaker 2: details after the News, which is next. You're a News

1006
00:45:33,160 --> 00:45:33,759
Speaker 2: talks edb.

1007
00:45:39,520 --> 00:45:43,480
Speaker 1: New Zealand's voice of reason is Mike the Mic asking

1008
00:45:43,560 --> 00:45:48,279
Speaker 1: Breakfast with Vida retirement, communities, Life your Way, News, Togs

1009
00:45:48,440 --> 00:45:48,600
Speaker 1: d B.

1010
00:45:50,120 --> 00:45:52,680
Speaker 2: And mister Selfridge and on to write flame of course,

1011
00:45:52,719 --> 00:45:54,560
Speaker 2: pretty three minutes away from mate, so big week. As

1012
00:45:54,600 --> 00:45:56,520
Speaker 2: I mentioned before, the news for the government on the powerfront,

1013
00:45:56,520 --> 00:45:59,120
Speaker 2: they're reversing that oil and gaspand they're also launching and

1014
00:45:59,200 --> 00:46:02,720
Speaker 2: have launched the after plan for geothermal. Idea is double

1015
00:46:02,760 --> 00:46:05,439
Speaker 2: our output for electricity and heating by twenty forty. Shane

1016
00:46:05,520 --> 00:46:08,120
Speaker 2: Jones is the mimnicipal Resources of course and is with us.

1017
00:46:08,200 --> 00:46:13,320
Speaker 2: Very good morning to you, hey, Morni Mike Tahara opened

1018
00:46:13,400 --> 00:46:15,439
Speaker 2: last year. Of course, have we let and that's really

1019
00:46:15,480 --> 00:46:17,360
Speaker 2: all we've got apart from the original one. Have we

1020
00:46:17,480 --> 00:46:20,120
Speaker 2: let geothermal slip a little bit under the radar over

1021
00:46:20,200 --> 00:46:20,520
Speaker 2: the years.

1022
00:46:21,520 --> 00:46:24,719
Speaker 12: Yeah, it's nigh on twenty percent of our electricity. But

1023
00:46:24,880 --> 00:46:27,480
Speaker 12: with mister trick, mate, and what I'm trying to do

1024
00:46:27,640 --> 00:46:30,440
Speaker 12: with this strategy which is going to be completed after September,

1025
00:46:30,560 --> 00:46:33,560
Speaker 12: is move away from these lanky, featherweight ambitions which seems

1026
00:46:33,600 --> 00:46:37,160
Speaker 12: to afflict New Zealand industry in our development nowadays.

1027
00:46:37,800 --> 00:46:39,960
Speaker 2: How big is the risk of the punt in going

1028
00:46:40,080 --> 00:46:41,040
Speaker 2: to have a look for it?

1029
00:46:42,480 --> 00:46:47,200
Speaker 12: Well, on the question of the deep seated supercritical energy.

1030
00:46:47,280 --> 00:46:50,160
Speaker 12: You're right, the sixty million we've allocated. It's never been

1031
00:46:50,200 --> 00:46:54,320
Speaker 12: done anywhere else in the world, but the experts tell me,

1032
00:46:54,360 --> 00:46:56,280
Speaker 12: if it can be done anywhere, it'll be in New Zealand.

1033
00:46:56,320 --> 00:46:59,360
Speaker 12: It's close to the magma, but it'll completely rewrite the

1034
00:46:59,560 --> 00:47:01,880
Speaker 12: character in the mix of our energy in New Zealand.

1035
00:47:01,920 --> 00:47:04,120
Speaker 12: But I'm not going to pretend that it's a correck

1036
00:47:04,200 --> 00:47:08,200
Speaker 12: fixs I. I'd rather focus on energy reforms that's coming

1037
00:47:08,360 --> 00:47:10,160
Speaker 12: soon to kick that goal.

1038
00:47:10,480 --> 00:47:12,440
Speaker 2: Have we got the expertise in this country to do

1039
00:47:12,480 --> 00:47:12,759
Speaker 2: all this?

1040
00:47:14,080 --> 00:47:14,319
Speaker 3: Mate?

1041
00:47:15,280 --> 00:47:19,160
Speaker 12: Twenty eight percent over the last four years of all

1042
00:47:19,320 --> 00:47:26,480
Speaker 12: geothermal investment has happened globally here in New Zealand, Philippines, Indonesia,

1043
00:47:26,640 --> 00:47:30,080
Speaker 12: a variety of other places. The conference that I'm at

1044
00:47:30,280 --> 00:47:34,640
Speaker 12: here in topol Our, New Zealanders are selling those services.

1045
00:47:34,719 --> 00:47:37,560
Speaker 12: They're more highly regarded over the air and then sadly

1046
00:47:37,600 --> 00:47:40,000
Speaker 12: they are here and that's a deeper problem with our

1047
00:47:40,040 --> 00:47:40,960
Speaker 12: New Zealand culture.

1048
00:47:41,400 --> 00:47:43,360
Speaker 2: Where does the ETS fit into all of this?

1049
00:47:45,239 --> 00:47:45,399
Speaker 7: Well?

1050
00:47:45,440 --> 00:47:49,880
Speaker 12: Obviously, ETS is an imposition on all costs associated with

1051
00:47:50,239 --> 00:47:52,800
Speaker 12: electricity and the extent to which it remains will be

1052
00:47:53,160 --> 00:47:59,360
Speaker 12: dealt to no doubt through the next election. There's no

1053
00:47:59,480 --> 00:48:02,760
Speaker 12: intention at the stage to exempt energy from the ETS,

1054
00:48:03,520 --> 00:48:07,840
Speaker 12: but there are some emissions associated with geothermal they have

1055
00:48:08,000 --> 00:48:10,360
Speaker 12: to pay an ETS tax.

1056
00:48:11,239 --> 00:48:14,040
Speaker 2: Okay, is the government involved in this? I mean, are

1057
00:48:14,080 --> 00:48:16,399
Speaker 2: you the oil and gas thing, the two hundred million

1058
00:48:16,440 --> 00:48:18,279
Speaker 2: dollars that you can take a stake in with some

1059
00:48:18,360 --> 00:48:19,920
Speaker 2: of the people trying to bring them back to the country.

1060
00:48:20,120 --> 00:48:21,759
Speaker 2: Are we going to be involved in this as well?

1061
00:48:23,200 --> 00:48:26,160
Speaker 12: Now you ask a dead question if you want if

1062
00:48:26,320 --> 00:48:28,480
Speaker 12: not you personally, if you and I want an accelerated

1063
00:48:28,560 --> 00:48:31,600
Speaker 12: transition to a high threshold of wealth, do you want

1064
00:48:31,640 --> 00:48:33,680
Speaker 12: the government to stand back and sort of barrack from

1065
00:48:33,680 --> 00:48:35,839
Speaker 12: the sidelines, or do you want it to get down

1066
00:48:35,920 --> 00:48:38,520
Speaker 12: and dirty take a risk. Some things won't work. Some

1067
00:48:38,680 --> 00:48:40,520
Speaker 12: things were like we're doing with the oil and gas,

1068
00:48:41,080 --> 00:48:45,520
Speaker 12: like I've done with the deep seated geothermal energy. And

1069
00:48:45,560 --> 00:48:47,799
Speaker 12: I'm a sort of politician at the government. It really

1070
00:48:47,840 --> 00:48:52,080
Speaker 12: wants on behalf of society to accelerate an industrial transition,

1071
00:48:52,400 --> 00:48:54,239
Speaker 12: then it's going to help with the cost or you're

1072
00:48:54,239 --> 00:48:55,880
Speaker 12: going to end up with the industrialization.

1073
00:48:56,080 --> 00:48:59,600
Speaker 2: For example, are you hopeful, given next year's election year,

1074
00:49:00,120 --> 00:49:01,680
Speaker 2: that you can put enough of this in place that

1075
00:49:01,760 --> 00:49:02,680
Speaker 2: won't be flipped again.

1076
00:49:05,160 --> 00:49:05,839
Speaker 3: Well, I don't think.

1077
00:49:06,080 --> 00:49:09,320
Speaker 12: I think where the flipping threat lies is with the

1078
00:49:09,360 --> 00:49:11,840
Speaker 12: fossil fuels, which as you know, I'm an apostle of,

1079
00:49:12,640 --> 00:49:15,400
Speaker 12: but I would geo thermal energy. This's widespread response.

1080
00:49:15,400 --> 00:49:15,520
Speaker 7: You know.

1081
00:49:15,840 --> 00:49:19,800
Speaker 12: The trick that we missed is after Jacinda, that political

1082
00:49:19,960 --> 00:49:24,240
Speaker 12: fugitive from electoral justice, she canceled the oil and gas industry.

1083
00:49:24,280 --> 00:49:27,600
Speaker 12: They should have immediately invested in geothermal energy six seven

1084
00:49:27,719 --> 00:49:29,680
Speaker 12: years ago and then we'd had the flow to cover

1085
00:49:29,840 --> 00:49:30,880
Speaker 12: off the shortage.

1086
00:49:30,560 --> 00:49:33,799
Speaker 2: Down that's true. Do you think I was just thinking

1087
00:49:33,800 --> 00:49:36,440
Speaker 2: before the news of all the things the last government did,

1088
00:49:36,520 --> 00:49:38,840
Speaker 2: do you I think the oil and gas turning the

1089
00:49:38,920 --> 00:49:41,680
Speaker 2: tap off, that announcement in Taranaki, that was probably the

1090
00:49:41,760 --> 00:49:44,399
Speaker 2: most egregious of all the decisions. And if it isn't

1091
00:49:44,400 --> 00:49:46,960
Speaker 2: it to be right up there, wouldn't it. Yeah?

1092
00:49:47,040 --> 00:49:48,560
Speaker 12: I mean a lot of what I'm doing at the

1093
00:49:48,640 --> 00:49:50,879
Speaker 12: moment is an active penance. I don't walk away from

1094
00:49:50,920 --> 00:49:54,160
Speaker 12: the fact that I acquiesced with it as a minority party.

1095
00:49:54,200 --> 00:49:57,239
Speaker 12: But I can think of no single decision that has

1096
00:49:57,280 --> 00:50:00,440
Speaker 12: had a more destructive impact on energy policy. That means

1097
00:50:00,480 --> 00:50:03,640
Speaker 12: economic policy, that means the product of deal Nation then

1098
00:50:03,760 --> 00:50:06,440
Speaker 12: just in the canceling the organ guess industry all.

1099
00:50:06,320 --> 00:50:09,840
Speaker 2: Right, nice to talk Shane Jones, who's the Minister for Resources.

1100
00:50:09,960 --> 00:50:13,400
Speaker 2: Nineteen minutes away from sevens. I'm following this one of

1101
00:50:13,400 --> 00:50:15,680
Speaker 2: the great deal of interest. So it was called three Waters.

1102
00:50:15,719 --> 00:50:18,080
Speaker 2: Of course that they sold it poorly. It all got

1103
00:50:18,160 --> 00:50:20,000
Speaker 2: super angsty over the Mary component of it.

1104
00:50:20,120 --> 00:50:20,239
Speaker 4: All.

1105
00:50:20,320 --> 00:50:22,200
Speaker 2: The new government came and call it local water has

1106
00:50:22,200 --> 00:50:24,280
Speaker 2: done well, which I think is probably about as stupid

1107
00:50:24,280 --> 00:50:26,520
Speaker 2: as calling it three waters. But nevertheless it's a different model.

1108
00:50:27,040 --> 00:50:29,759
Speaker 2: Part of the model is that you can buddy up

1109
00:50:30,000 --> 00:50:31,719
Speaker 2: with the council. If you're a little counsel and you

1110
00:50:31,800 --> 00:50:33,640
Speaker 2: don't have many pipes and you don't have much money,

1111
00:50:33,640 --> 00:50:35,160
Speaker 2: and you don't have a big rating base, but you

1112
00:50:35,239 --> 00:50:38,080
Speaker 2: still need your water, you can buddy up. So Whiroha

1113
00:50:38,760 --> 00:50:40,719
Speaker 2: could have buddied up with a bunch of hawks Bay people.

1114
00:50:40,760 --> 00:50:43,200
Speaker 2: So it could have been the regional Hawks Bay regional model,

1115
00:50:43,200 --> 00:50:45,920
Speaker 2: which is central hawks Bay District, the Napier City and

1116
00:50:46,160 --> 00:50:49,360
Speaker 2: Hastrings District. They didn't want to. They decided and announced

1117
00:50:49,400 --> 00:50:52,680
Speaker 2: yesterday they're going it alone. And on the surface, you

1118
00:50:52,760 --> 00:50:54,800
Speaker 2: would think why would they want to go it alone,

1119
00:50:55,160 --> 00:50:57,320
Speaker 2: because the counter to that is a lot of the

1120
00:50:57,360 --> 00:50:59,239
Speaker 2: problem at the moment with some of these councils is

1121
00:50:59,280 --> 00:51:01,120
Speaker 2: they look to the the party he wants to buddy

1122
00:51:01,200 --> 00:51:02,719
Speaker 2: up with them and go, well, actually, you're the one

1123
00:51:02,760 --> 00:51:05,560
Speaker 2: with the problems. You're the one with the massive investment required.

1124
00:51:06,040 --> 00:51:08,000
Speaker 2: We don't so why would we want to have anything

1125
00:51:08,040 --> 00:51:09,800
Speaker 2: to do with you? And then you get to the

1126
00:51:09,840 --> 00:51:14,040
Speaker 2: WIRA types of decision. Can you be that small and

1127
00:51:14,280 --> 00:51:17,080
Speaker 2: still take the risk on your own pipes, your own water,

1128
00:51:17,200 --> 00:51:20,360
Speaker 2: your own system, with your own money and go it alone?

1129
00:51:20,400 --> 00:51:22,839
Speaker 2: And what happens if that fails? What's the fallback plan?

1130
00:51:23,280 --> 00:51:25,160
Speaker 2: That's something to watch for the future, because that'll be

1131
00:51:25,239 --> 00:51:26,840
Speaker 2: news Mark my words eighteen to two.

1132
00:51:28,239 --> 00:51:32,720
Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio powered

1133
00:51:32,760 --> 00:51:33,719
Speaker 1: by News Talks it be.

1134
00:51:35,040 --> 00:51:36,279
Speaker 2: This is the sort of thing I'm saying, Mike. The

1135
00:51:36,280 --> 00:51:38,279
Speaker 2: problem with the Hawk's Bay won't be Wirah, It'll be

1136
00:51:38,360 --> 00:51:42,040
Speaker 2: with Napier bludging off Hastings and the ratepayer. As Napier's

1137
00:51:42,040 --> 00:51:44,359
Speaker 2: done no investment in underground services with the last twenty

1138
00:51:44,400 --> 00:51:46,000
Speaker 2: five years water that's worse than them, yep. And so

1139
00:51:46,160 --> 00:51:48,239
Speaker 2: that's you've got to fight some thing going on there

1140
00:51:48,280 --> 00:51:50,879
Speaker 2: as well, and no one wants to if you've done well,

1141
00:51:51,000 --> 00:51:53,359
Speaker 2: no one wants to take on board somebody who hasn't

1142
00:51:53,400 --> 00:51:55,360
Speaker 2: done well or perceived to not have done well. And

1143
00:51:55,440 --> 00:51:57,719
Speaker 2: if you haven't done well, you want to buddy up

1144
00:51:57,760 --> 00:51:59,320
Speaker 2: with somebody who has. But of course they don't want you.

1145
00:51:59,360 --> 00:52:01,839
Speaker 2: Insite it goes Mike Jones, just to give you yet

1146
00:52:01,880 --> 00:52:04,680
Speaker 2: more insight into where we're at with this what well

1147
00:52:04,760 --> 00:52:07,520
Speaker 2: his word wabbling economy of ours New Zealand's wobbling economy

1148
00:52:07,560 --> 00:52:11,160
Speaker 2: steadying question mark. So it's a fairly comprehensive review that

1149
00:52:11,320 --> 00:52:14,759
Speaker 2: he's done. He's worth the B and Z. So the

1150
00:52:14,880 --> 00:52:18,680
Speaker 2: dragging uncertainty he sees associated with the trade policy US,

1151
00:52:19,320 --> 00:52:21,640
Speaker 2: while lower than previously, looks set to stick around a

1152
00:52:21,680 --> 00:52:24,719
Speaker 2: negative impost on investment in particular. I still haven't heard

1153
00:52:24,760 --> 00:52:26,759
Speaker 2: from the Prime Minister on the Trump that he says.

1154
00:52:26,800 --> 00:52:30,520
Speaker 2: Lutinix says Friday, which is Saturday our time deals with

1155
00:52:30,560 --> 00:52:32,280
Speaker 2: the rest of the world. Are terrorists for the rest.

1156
00:52:32,160 --> 00:52:32,520
Speaker 3: Of the world.

1157
00:52:32,840 --> 00:52:35,000
Speaker 2: What if it's twenty I keep asking the simple question,

1158
00:52:35,080 --> 00:52:36,520
Speaker 2: and no one's answered to you. What if it's twenty

1159
00:52:36,560 --> 00:52:38,120
Speaker 2: What's what's luck'sn going to do about it. I mean

1160
00:52:38,160 --> 00:52:40,200
Speaker 2: David Seymour was on the programme Its Day. He goes, oh, well,

1161
00:52:40,239 --> 00:52:43,200
Speaker 2: that's life, is it? And I think it is because

1162
00:52:43,400 --> 00:52:45,200
Speaker 2: Lux and Seed quite clearly we don't want to be

1163
00:52:45,320 --> 00:52:47,839
Speaker 2: materially worse off than anybody else. At twenty we would

1164
00:52:47,880 --> 00:52:51,600
Speaker 2: be right. Investment appetite rights, Mike is stirring. This is

1165
00:52:51,719 --> 00:52:54,600
Speaker 2: good despite all the uncertainty. We are encouraged by a

1166
00:52:54,640 --> 00:52:57,560
Speaker 2: sprinkling of indications. In New Zealand, investment appetites may at

1167
00:52:57,680 --> 00:53:01,040
Speaker 2: least be stirring, So that's encouraging. In June we saw

1168
00:53:01,120 --> 00:53:05,040
Speaker 2: plant machinery imports up thirteen percent year on year, transport

1169
00:53:05,080 --> 00:53:09,280
Speaker 2: equipment rising nineteen percent, intermediate goods up twenty one percent.

1170
00:53:09,480 --> 00:53:13,440
Speaker 2: It's all partial stuff, he says, but taken together helps

1171
00:53:13,480 --> 00:53:16,560
Speaker 2: assuage some of our prior concerned Sluggage business investment might

1172
00:53:16,640 --> 00:53:20,160
Speaker 2: be a dragging anchor on the broader economy. Most high

1173
00:53:20,200 --> 00:53:23,280
Speaker 2: frequency indicators have pulled back from a bit of a brink.

1174
00:53:24,040 --> 00:53:26,880
Speaker 2: The underlying sense of recovery so far failing to launch,

1175
00:53:27,000 --> 00:53:29,960
Speaker 2: remains though, and I think that's the overarching vibe among

1176
00:53:30,080 --> 00:53:33,280
Speaker 2: many of us at the moment. All this yack about

1177
00:53:33,320 --> 00:53:35,520
Speaker 2: what was going to happen in twenty twenty five, doesn't

1178
00:53:35,640 --> 00:53:37,959
Speaker 2: really feel like it's happened. It's happened on the farm,

1179
00:53:38,880 --> 00:53:40,880
Speaker 2: farms booming, but apart from that, doesn't appear to be.

1180
00:53:41,320 --> 00:53:44,799
Speaker 2: But here's what he says. We still think the mid

1181
00:53:44,960 --> 00:53:47,480
Speaker 2: year activity air pocket, which is what he calls it,

1182
00:53:47,840 --> 00:53:51,759
Speaker 2: will pass. The underlying drivers of the recovery remain in

1183
00:53:51,840 --> 00:53:56,360
Speaker 2: place and should reassert themselves in coming quarters. He doesn't

1184
00:53:56,360 --> 00:54:00,120
Speaker 2: see a problem with inflation. He sees rent declines and

1185
00:54:00,200 --> 00:54:03,239
Speaker 2: that's encouraging. He sees the runway for the sub three

1186
00:54:03,280 --> 00:54:07,840
Speaker 2: percent ocer looks clearer. The net of recent growth and

1187
00:54:07,960 --> 00:54:12,440
Speaker 2: inflation described above as sufficient in our view, to reintroduce

1188
00:54:12,520 --> 00:54:14,520
Speaker 2: some gentle downward pressure. In other words, what he's saying

1189
00:54:14,560 --> 00:54:16,399
Speaker 2: in August, the Reserve Bank's going to cut another twenty

1190
00:54:16,480 --> 00:54:20,160
Speaker 2: five Should the RB resume the official cash rate cuts

1191
00:54:20,200 --> 00:54:23,400
Speaker 2: in August as we expect, he thinks, and this has

1192
00:54:23,440 --> 00:54:25,359
Speaker 2: been my view all along, if not more so. Twenty

1193
00:54:25,400 --> 00:54:29,800
Speaker 2: five cuts in August is factored and fully priced in,

1194
00:54:30,360 --> 00:54:33,560
Speaker 2: And we think the combination of spuffering demand and contained

1195
00:54:33,600 --> 00:54:36,040
Speaker 2: inflation and supports the case for a follow up on October.

1196
00:54:36,080 --> 00:54:38,640
Speaker 2: So he's saying fifty points twenty five and twenty five,

1197
00:54:38,960 --> 00:54:41,920
Speaker 2: which takes it to what he's argued all along of

1198
00:54:42,000 --> 00:54:44,080
Speaker 2: a neutral rate at two seven five. Now the bank

1199
00:54:44,320 --> 00:54:47,640
Speaker 2: RB is still arguing neutrals three. So, in other words,

1200
00:54:47,760 --> 00:54:50,000
Speaker 2: is one more cut? He says two seven five. I

1201
00:54:50,080 --> 00:54:52,600
Speaker 2: wouldn't be surprised if it goes down to two point five,

1202
00:54:52,960 --> 00:54:56,239
Speaker 2: because you've gotta do something more than they have to

1203
00:54:56,400 --> 00:54:59,239
Speaker 2: fire up. Because as each day passes and the magic

1204
00:54:59,320 --> 00:55:02,640
Speaker 2: doesn't arrive, all this talk of the recovery doesn't arrive,

1205
00:55:02,760 --> 00:55:05,040
Speaker 2: you need to keep doing more, don't you. Eleven away

1206
00:55:05,080 --> 00:55:06,880
Speaker 2: from eight the mic.

1207
00:55:06,800 --> 00:55:11,080
Speaker 1: Asking breakfast with a Vida, retirement, communities news togs hed.

1208
00:55:10,960 --> 00:55:13,000
Speaker 2: Been, but I serven away from eight. He is an

1209
00:55:13,000 --> 00:55:15,279
Speaker 2: irony the coach court spying on the football ferns at

1210
00:55:15,280 --> 00:55:17,319
Speaker 2: the Paris Olympics. You remember that just signed a two

1211
00:55:17,400 --> 00:55:19,320
Speaker 2: year deal to coach the Wellington Phoenix. This is the

1212
00:55:19,360 --> 00:55:22,959
Speaker 2: former Canadian coach Berb Priestsman. She is She was handed

1213
00:55:23,000 --> 00:55:24,680
Speaker 2: a one year band for her role in the drone

1214
00:55:25,320 --> 00:55:28,280
Speaker 2: use over the New Zealand training session. Anyway, Beer Priestman

1215
00:55:28,440 --> 00:55:32,440
Speaker 2: is with us. Good morning, how are you very well

1216
00:55:32,480 --> 00:55:35,320
Speaker 2: and doing? Congratulations on your new job. Did you always

1217
00:55:35,480 --> 00:55:37,480
Speaker 2: think when it all went wrong that there would be,

1218
00:55:37,560 --> 00:55:39,160
Speaker 2: in some way, shape or form a way back.

1219
00:55:41,640 --> 00:55:44,680
Speaker 16: I think you have to keep haulp I think, you know,

1220
00:55:44,800 --> 00:55:47,000
Speaker 16: the first probably four or five months. My aunt is

1221
00:55:47,080 --> 00:55:49,879
Speaker 16: probably know, but I think, you know, once I got

1222
00:55:49,960 --> 00:55:53,000
Speaker 16: to New Zealand and sort of you could say healed

1223
00:55:53,040 --> 00:55:55,319
Speaker 16: a little bit. I think, you know, as much as

1224
00:55:55,600 --> 00:55:58,399
Speaker 16: everything went down, I think also it was a big,

1225
00:55:58,560 --> 00:56:01,040
Speaker 16: big moment for me, you might career of my family

1226
00:56:01,120 --> 00:56:04,080
Speaker 16: for my life and then yeah, I did think that

1227
00:56:04,200 --> 00:56:06,160
Speaker 16: be a way back, but probably not for the first

1228
00:56:06,200 --> 00:56:06,680
Speaker 16: few months.

1229
00:56:06,880 --> 00:56:09,239
Speaker 2: Fantastic What were you thinking at the time.

1230
00:56:11,400 --> 00:56:13,640
Speaker 16: Yeah, I think you know. I can't obviously speak to

1231
00:56:13,719 --> 00:56:16,799
Speaker 16: the details legally unfortunately, I would like to be able

1232
00:56:16,840 --> 00:56:20,239
Speaker 16: to speak to more. But I think regardless, I've had

1233
00:56:20,560 --> 00:56:23,080
Speaker 16: a long time out of the game, and you know,

1234
00:56:23,440 --> 00:56:27,200
Speaker 16: it's a long suspension and not something I'm proud of,

1235
00:56:27,320 --> 00:56:29,799
Speaker 16: that's for sure. But in that time, you know, I've

1236
00:56:29,800 --> 00:56:32,600
Speaker 16: had a chance to learn, reflect, grow, and to be

1237
00:56:32,680 --> 00:56:35,080
Speaker 16: honest with you, I just can't wait to get on

1238
00:56:35,120 --> 00:56:36,959
Speaker 16: the grass and do what I love every day again.

1239
00:56:37,160 --> 00:56:39,960
Speaker 2: Yeah, I don't blame you. What is it about coaches?

1240
00:56:40,280 --> 00:56:42,360
Speaker 2: Just generally? I mean, drowing was unusual, but you know

1241
00:56:42,400 --> 00:56:45,240
Speaker 2: how they put up those those the barriers at fences

1242
00:56:45,239 --> 00:56:48,480
Speaker 2: and stuff, so you can't spy. What literally do you

1243
00:56:48,719 --> 00:56:50,560
Speaker 2: learn from watching somebody else train?

1244
00:56:52,600 --> 00:56:54,800
Speaker 16: Well, I think you know you've hit the nail on

1245
00:56:54,840 --> 00:56:57,440
Speaker 16: the head day. I think it's been common practice and

1246
00:56:57,520 --> 00:57:00,320
Speaker 16: it doesn't necessarily make it it right. And you know,

1247
00:57:00,400 --> 00:57:02,880
Speaker 16: that's what I've had a chance to sort of reflect on.

1248
00:57:03,000 --> 00:57:04,800
Speaker 16: But I think, you know, what I don't want to

1249
00:57:04,840 --> 00:57:07,080
Speaker 16: do is also take away from the hard work that

1250
00:57:07,600 --> 00:57:10,880
Speaker 16: managers and coaches do in terms of scouting opposition. You know,

1251
00:57:10,960 --> 00:57:13,879
Speaker 16: you go back ten games, you do all of that work,

1252
00:57:14,360 --> 00:57:16,920
Speaker 16: and if anything, it's like the icing on the cake.

1253
00:57:16,960 --> 00:57:18,880
Speaker 16: It's not the actual work. But I think you know,

1254
00:57:19,040 --> 00:57:22,800
Speaker 16: things like injured players and they return and all those

1255
00:57:22,880 --> 00:57:25,919
Speaker 16: sorts of things have been historically what coaches have done.

1256
00:57:26,200 --> 00:57:28,440
Speaker 16: You only have to go on YouTube and say some

1257
00:57:28,560 --> 00:57:32,800
Speaker 16: famous coaches talking about that. But yeah, because it's been

1258
00:57:32,880 --> 00:57:35,160
Speaker 16: common practice, it definitely doesn't make it right and it

1259
00:57:35,160 --> 00:57:37,680
Speaker 16: won't be something that you know, for me moving forward

1260
00:57:37,760 --> 00:57:40,320
Speaker 16: in my career, I'll certainly not be doing things like that.

1261
00:57:40,720 --> 00:57:43,160
Speaker 2: Did you approach the phoenix or did the phoenix approach you.

1262
00:57:44,920 --> 00:57:47,280
Speaker 16: And the Phoenix approached me, you know, at the close

1263
00:57:47,280 --> 00:57:51,720
Speaker 16: of the season. Yeah, and those conversations were fantastic. You know,

1264
00:57:51,760 --> 00:57:54,880
Speaker 16: I've been around the community and I've been at Pararua

1265
00:57:54,960 --> 00:57:57,440
Speaker 16: Park right the way from sort of January onwards, and

1266
00:57:58,120 --> 00:58:00,480
Speaker 16: you know, yeah, I feel like it. I felt like

1267
00:58:00,640 --> 00:58:02,800
Speaker 16: local fund for the last sort of four or five

1268
00:58:02,880 --> 00:58:05,919
Speaker 16: months and got a really good feel about the club.

1269
00:58:05,960 --> 00:58:08,720
Speaker 16: I think the club is a community club who in

1270
00:58:09,040 --> 00:58:11,320
Speaker 16: you know, in and around the community. And let's be real,

1271
00:58:11,400 --> 00:58:14,040
Speaker 16: they've they've had a professional team here and news them

1272
00:58:14,080 --> 00:58:16,280
Speaker 16: Ean when I was back in Wellington two thousand and eight,

1273
00:58:16,360 --> 00:58:19,080
Speaker 16: I think two thousand and nine I was a Phoenix game.

1274
00:58:19,240 --> 00:58:23,040
Speaker 16: So yeah, it's nice a small football community that. Now

1275
00:58:23,120 --> 00:58:25,520
Speaker 16: I'm back in New Zealand, it's been really nice to

1276
00:58:25,560 --> 00:58:25,960
Speaker 16: connect with.

1277
00:58:26,320 --> 00:58:28,320
Speaker 2: Fantastic good only bit we'll go well with the team.

1278
00:58:28,360 --> 00:58:29,640
Speaker 2: I wish you the very best with it. Be a

1279
00:58:29,680 --> 00:58:35,680
Speaker 2: priestman Wellington Phoenix Women's head coach. It should always be

1280
00:58:35,760 --> 00:58:38,400
Speaker 2: a way back, shouldn't they. You can't punish people forever.

1281
00:58:38,720 --> 00:58:41,920
Speaker 2: Six minutes. No, it's not four minutes away from my pass. Hopefully,

1282
00:58:42,000 --> 00:58:44,200
Speaker 2: with at least two further cuts, the economy will be

1283
00:58:44,320 --> 00:58:47,840
Speaker 2: better into year end. However, into the start of next year,

1284
00:58:47,840 --> 00:58:50,280
Speaker 2: political uncertainty could step a lot of recovery, as polling

1285
00:58:50,280 --> 00:58:51,800
Speaker 2: has the coalition nick and neck gear. It's going to

1286
00:58:51,800 --> 00:58:54,720
Speaker 2: be I'm super excited for next year for no other

1287
00:58:54,800 --> 00:58:57,360
Speaker 2: reason that it would seem impossible to believe it isn't

1288
00:58:57,360 --> 00:58:59,480
Speaker 2: going to be a fantastically tight race now whether it

1289
00:58:59,520 --> 00:59:01,640
Speaker 2: should be a all right race and you will spend

1290
00:59:01,680 --> 00:59:04,400
Speaker 2: some time, I guess debating that into next year, but

1291
00:59:05,600 --> 00:59:07,880
Speaker 2: all poles seem to indicate it will be a very

1292
00:59:08,000 --> 00:59:10,360
Speaker 2: tight race now, Mike, I was just at dinner here

1293
00:59:10,440 --> 00:59:14,000
Speaker 2: in khn with my daughters, but I've caught up with

1294
00:59:14,080 --> 00:59:16,760
Speaker 2: your last two Mornings podcasts. Absolutely love that I can

1295
00:59:16,800 --> 00:59:18,760
Speaker 2: get you on Spotify as well as I Heart anywhere

1296
00:59:18,760 --> 00:59:20,760
Speaker 2: in the world. So that's exciting, isn't it. Anyway, his

1297
00:59:20,880 --> 00:59:22,440
Speaker 2: point in the letter, and I'll come back to it

1298
00:59:22,520 --> 00:59:24,200
Speaker 2: after eight thirty this morning, but he makes a very

1299
00:59:24,240 --> 00:59:26,400
Speaker 2: good point. I've got to comment on your interview with

1300
00:59:26,440 --> 00:59:29,760
Speaker 2: the Prime Minister on Monday, for gosh sakes, he writes,

1301
00:59:29,840 --> 00:59:33,360
Speaker 2: For gosh sakes, he got to grow some balls, Baite

1302
00:59:33,720 --> 00:59:36,920
Speaker 2: and sort Winston out read the overseas domestic property ownership.

1303
00:59:37,080 --> 00:59:40,640
Speaker 2: This is a no brainer. It's the lowest of low

1304
00:59:40,720 --> 00:59:44,240
Speaker 2: hanging fruit to restore some credibility with his Golden Visa

1305
00:59:44,280 --> 00:59:46,480
Speaker 2: scheme and to at least put us onto an equal

1306
00:59:46,480 --> 00:59:49,400
Speaker 2: footing internationally, as I can buy property in virtually any

1307
00:59:49,480 --> 00:59:52,400
Speaker 2: country in the world, possibly with some stamp duty and

1308
00:59:52,440 --> 00:59:55,000
Speaker 2: annual property taxes, but at least it's my choice. And

1309
00:59:55,080 --> 00:59:56,760
Speaker 2: he's got a couple of ideas about how we can

1310
00:59:56,800 --> 00:59:58,440
Speaker 2: go around that, so I'll come back to that later.

1311
00:59:58,560 --> 01:00:01,000
Speaker 2: Jeremy Piven is in the country. He had him on

1312
01:00:01,040 --> 01:00:02,600
Speaker 2: the show a couple of months ago, of course, leading

1313
01:00:02,680 --> 01:00:05,280
Speaker 2: up to his concert tonight, but he's back in the studio.

1314
01:00:05,800 --> 01:00:12,880
Speaker 1: Next the Mike has game insightful, engaging and vital The

1315
01:00:13,080 --> 01:00:16,680
Speaker 1: Mic Hosking Breakfast with the land Rover Discovery never Stop

1316
01:00:16,880 --> 01:00:17,720
Speaker 1: discovering news.

1317
01:00:17,800 --> 01:00:21,040
Speaker 2: Tog said, b it is seven past eights. Our gold

1318
01:00:21,280 --> 01:00:23,240
Speaker 2: is in town and in the house. Our goal of

1319
01:00:23,600 --> 01:00:25,760
Speaker 2: entourage fame became a thing, of course, But then so

1320
01:00:25,920 --> 01:00:28,640
Speaker 2: to mister Selfridge, which will assaulted well over one hundred countries.

1321
01:00:28,720 --> 01:00:32,120
Speaker 2: Jeremy Piven played them both. He's also funny. His stand

1322
01:00:32,200 --> 01:00:34,280
Speaker 2: up is in Auckland tonight, and we had him a

1323
01:00:34,280 --> 01:00:36,000
Speaker 2: couple of months back, and we said, when you're in town,

1324
01:00:36,080 --> 01:00:37,920
Speaker 2: come on in, and so he is. Jeremy Piven's back

1325
01:00:37,920 --> 01:00:38,560
Speaker 2: with this Good.

1326
01:00:38,560 --> 01:00:40,280
Speaker 4: Morning, Good morning to you, sir.

1327
01:00:40,800 --> 01:00:43,760
Speaker 2: Here we are then, Yes, that wasn't a great start

1328
01:00:43,800 --> 01:00:47,840
Speaker 2: to the internet. When I say good morning, I mean

1329
01:00:48,040 --> 01:00:50,840
Speaker 2: it's the only thing happening in this room right now. Yeah, well,

1330
01:00:50,920 --> 01:00:52,960
Speaker 2: I mean you're on your phone. Don't look up and go.

1331
01:00:54,760 --> 01:00:56,320
Speaker 4: To be answered to you. I was turning everything off

1332
01:00:56,360 --> 01:00:57,680
Speaker 4: out of courtesy to you.

1333
01:00:57,960 --> 01:01:00,320
Speaker 2: Okay, yeah, is it off off?

1334
01:01:00,360 --> 01:01:02,120
Speaker 4: And I'm going to turn the whole thing off. There

1335
01:01:02,200 --> 01:01:04,400
Speaker 4: we go, get better this interview.

1336
01:01:04,480 --> 01:01:06,560
Speaker 2: No worries at all. It's going all right.

1337
01:01:06,600 --> 01:01:06,720
Speaker 1: Now.

1338
01:01:06,800 --> 01:01:09,640
Speaker 2: Last time we talked you won't remember, but we've talked before.

1339
01:01:10,560 --> 01:01:13,240
Speaker 2: When we talked, you were leading up to your sixtieth birthday,

1340
01:01:15,080 --> 01:01:18,720
Speaker 2: which has now happened. How's that feel?

1341
01:01:19,240 --> 01:01:24,400
Speaker 4: It feels fantastic. Well, other than this lighting this lady, No, no, well,

1342
01:01:24,480 --> 01:01:28,760
Speaker 4: it feels like I'm in an interrogation. And I love it.

1343
01:01:29,360 --> 01:01:31,280
Speaker 2: It's pretty It's pretty much. This is what my show is.

1344
01:01:31,440 --> 01:01:31,880
Speaker 4: I love it.

1345
01:01:32,040 --> 01:01:32,960
Speaker 2: It's pretty much cool.

1346
01:01:33,240 --> 01:01:33,960
Speaker 4: Let's start with it.

1347
01:01:36,440 --> 01:01:38,720
Speaker 2: Let's let's begin. I love it.

1348
01:01:38,840 --> 01:01:41,640
Speaker 4: This is great. You know it's this is exactly what

1349
01:01:41,760 --> 01:01:42,440
Speaker 4: I came here for.

1350
01:01:42,760 --> 01:01:42,960
Speaker 3: Yeah.

1351
01:01:43,120 --> 01:01:45,640
Speaker 2: No, but I know it's the reason I raised is

1352
01:01:45,720 --> 01:01:49,960
Speaker 2: because the reason you started about I turned sixty. You

1353
01:01:50,160 --> 01:01:53,760
Speaker 2: look at relatively recently, and it was one of those things.

1354
01:01:53,840 --> 01:01:57,160
Speaker 2: At fifty it became a thing for me. Yeah, sixty

1355
01:01:57,320 --> 01:01:59,760
Speaker 2: wasn't forty wasn't fifty was sixty wasn't.

1356
01:02:00,080 --> 01:02:05,680
Speaker 4: Yeah, you know, I don't these these are these are

1357
01:02:05,800 --> 01:02:07,360
Speaker 4: just numbers, you know what I mean?

1358
01:02:07,560 --> 01:02:09,160
Speaker 6: So I don't.

1359
01:02:09,840 --> 01:02:11,120
Speaker 4: It's a great, it's a great you know, I don't

1360
01:02:11,120 --> 01:02:11,720
Speaker 4: know what to tell you.

1361
01:02:12,000 --> 01:02:12,680
Speaker 2: Okay, did you have?

1362
01:02:12,920 --> 01:02:13,600
Speaker 4: I feel great?

1363
01:02:14,080 --> 01:02:18,640
Speaker 2: Good? Yeah, you're healthy? I do all right?

1364
01:02:19,080 --> 01:02:19,760
Speaker 4: I do all right?

1365
01:02:20,400 --> 01:02:23,760
Speaker 2: Yeah that doesn't sound overly convincing to me.

1366
01:02:23,920 --> 01:02:25,840
Speaker 4: You know, you want me to celebrate my health.

1367
01:02:25,960 --> 01:02:26,280
Speaker 3: I don't.

1368
01:02:26,520 --> 01:02:29,200
Speaker 2: Well, that's why I asked I do I do?

1369
01:02:29,440 --> 01:02:29,600
Speaker 7: I do?

1370
01:02:29,760 --> 01:02:29,960
Speaker 4: Well?

1371
01:02:30,080 --> 01:02:32,959
Speaker 2: Oh good? Yeah, okay, fantastic. We talked last time about

1372
01:02:33,000 --> 01:02:35,400
Speaker 2: mister Selfridge. Are you sick of talking about that? No,

1373
01:02:35,840 --> 01:02:38,800
Speaker 2: not at all, because that I just wonder with a

1374
01:02:38,840 --> 01:02:42,520
Speaker 2: person of your depth and expanse and the amount of

1375
01:02:42,600 --> 01:02:45,600
Speaker 2: work you've done, there will be building up over a

1376
01:02:45,680 --> 01:02:49,200
Speaker 2: period of time certain things you do that you hold

1377
01:02:49,320 --> 01:02:51,920
Speaker 2: dear and I would like to think that mister Selfridge

1378
01:02:52,040 --> 01:02:52,320
Speaker 2: was one.

1379
01:02:52,800 --> 01:02:55,680
Speaker 4: Absolutely I love that show. That was incredible, a great

1380
01:02:55,720 --> 01:02:59,720
Speaker 4: experience four years over in the UK doing a show

1381
01:02:59,760 --> 01:03:03,200
Speaker 4: and for proud of and no one saw it in

1382
01:03:03,240 --> 01:03:05,280
Speaker 4: the States, but I'm still very proud of it.

1383
01:03:05,720 --> 01:03:07,360
Speaker 2: Isn't that weigird? Why did they say on the site?

1384
01:03:09,040 --> 01:03:11,760
Speaker 4: Because the show is a station where it's funded by

1385
01:03:11,840 --> 01:03:14,880
Speaker 4: the people, so they don't have any money. So unbeknownst

1386
01:03:14,920 --> 01:03:16,960
Speaker 4: to me, if you don't have any money to advertise,

1387
01:03:17,000 --> 01:03:18,880
Speaker 4: it's hard to get people to watch a show.

1388
01:03:18,960 --> 01:03:21,080
Speaker 2: Oh it's unfortunately, Yeah, because it was sold to over

1389
01:03:21,120 --> 01:03:22,560
Speaker 2: one hundred countries, wasn't it abo.

1390
01:03:22,520 --> 01:03:24,080
Speaker 4: One hundred and sixty five countries? So it was a

1391
01:03:24,120 --> 01:03:24,720
Speaker 4: worldwide hit.

1392
01:03:24,800 --> 01:03:26,560
Speaker 2: Here there'll be very few countries in the world you

1393
01:03:26,600 --> 01:03:28,400
Speaker 2: could walk down without being abed.

1394
01:03:30,240 --> 01:03:31,880
Speaker 4: I don't know if that. I don't know if that's true.

1395
01:03:32,000 --> 01:03:36,280
Speaker 4: But you know, I've been watched this organic transition. The

1396
01:03:36,320 --> 01:03:39,400
Speaker 4: reason why I'm here being interrogated with terrible lighting very

1397
01:03:39,400 --> 01:03:41,560
Speaker 4: early in the morning, and I love it just.

1398
01:03:41,600 --> 01:03:44,400
Speaker 2: Before the light, Yes, the new lights.

1399
01:03:44,800 --> 01:03:47,440
Speaker 4: Oh they love it. No, I love it.

1400
01:03:47,640 --> 01:03:50,440
Speaker 2: I don't. Yeah, they were worse than this before I

1401
01:03:50,520 --> 01:03:51,320
Speaker 2: got them upgraded.

1402
01:03:51,400 --> 01:03:51,840
Speaker 4: I love that.

1403
01:03:53,440 --> 01:03:54,040
Speaker 2: Transition is.

1404
01:03:54,240 --> 01:03:57,280
Speaker 4: Yes, I'm on tour. I'm a stand up comic. Believe

1405
01:03:57,320 --> 01:03:59,360
Speaker 4: it or not, you never know by this interview, but

1406
01:04:00,080 --> 01:04:04,439
Speaker 4: I am unbelievably funny, and I am at the Sky

1407
01:04:04,720 --> 01:04:06,200
Speaker 4: Theater tonight.

1408
01:04:06,640 --> 01:04:08,240
Speaker 2: If you can believe it's unbelievable.

1409
01:04:08,320 --> 01:04:11,600
Speaker 4: Yes, Sky City Theater. And we have one of your own.

1410
01:04:11,600 --> 01:04:13,680
Speaker 4: I shouldn't say this when I'm going to anyway, we

1411
01:04:13,800 --> 01:04:16,200
Speaker 4: have one of your heroes, Joe Parker, who's going to

1412
01:04:16,280 --> 01:04:19,800
Speaker 4: show up. Who's a good you?

1413
01:04:20,040 --> 01:04:22,600
Speaker 2: You you ran that line last time and you said

1414
01:04:22,640 --> 01:04:24,160
Speaker 2: Joe Parker is going to tune up?

1415
01:04:24,280 --> 01:04:27,080
Speaker 4: And you know, because I don't. And I say this

1416
01:04:27,200 --> 01:04:30,560
Speaker 4: with love, I don't know if I like you. I

1417
01:04:30,640 --> 01:04:32,920
Speaker 4: really don't. But what I'm gonna do right now is

1418
01:04:33,000 --> 01:04:35,280
Speaker 4: I'm going to pull up his text to me because

1419
01:04:35,760 --> 01:04:39,120
Speaker 4: you started with yeah, Because here's the here's the thing

1420
01:04:39,880 --> 01:04:40,520
Speaker 4: I will pull up.

1421
01:04:45,480 --> 01:04:49,120
Speaker 2: If you pull that up, I will pull what's Joe

1422
01:04:49,200 --> 01:04:49,880
Speaker 2: park inside of you?

1423
01:04:50,560 --> 01:04:53,800
Speaker 4: Well, he said that he's coming tonight and yeah, and

1424
01:04:53,880 --> 01:04:56,080
Speaker 4: then he's gonna bring some of his boys and yeah,

1425
01:04:56,120 --> 01:04:57,880
Speaker 4: it's all good. I'm gonna pull it up right now

1426
01:04:58,520 --> 01:05:01,280
Speaker 4: because here's the here's the thing about the show he's

1427
01:05:01,320 --> 01:05:02,080
Speaker 4: not going to be in the show.

1428
01:05:03,080 --> 01:05:03,600
Speaker 2: He's just there.

1429
01:05:03,600 --> 01:05:06,520
Speaker 4: I won't do a lot of stutup comedy, but these

1430
01:05:06,560 --> 01:05:10,160
Speaker 4: are very well informed questions. Okay, yeah, so here we go,

1431
01:05:10,520 --> 01:05:11,840
Speaker 4: So save me one second.

1432
01:05:12,080 --> 01:05:13,720
Speaker 2: Yeah you don't believe I don't believe this.

1433
01:05:13,880 --> 01:05:14,040
Speaker 1: I know.

1434
01:05:14,280 --> 01:05:17,040
Speaker 2: Are you searching for a network because you're here we go? Brother, Okay,

1435
01:05:17,080 --> 01:05:17,400
Speaker 2: here we go.

1436
01:05:17,520 --> 01:05:17,880
Speaker 1: Take a look.

1437
01:05:18,280 --> 01:05:22,080
Speaker 2: Okay, here we go. Jeremy Piven Auckland, July thirty one.

1438
01:05:22,280 --> 01:05:25,000
Speaker 2: Honored to get any one of your peeps and have

1439
01:05:25,200 --> 01:05:29,919
Speaker 2: them let me know I'm in town. Thanks, smiley face.

1440
01:05:30,000 --> 01:05:33,040
Speaker 2: This one's actually spelling right. Thank you so much. Brother.

1441
01:05:33,120 --> 01:05:36,840
Speaker 2: We'll give you a message. Appreciate it. Grateful. Joseph Parker. Yeah,

1442
01:05:37,400 --> 01:05:39,560
Speaker 2: I'm also doing press tomorrow. I'm on the Mike Hosking

1443
01:05:39,640 --> 01:05:41,600
Speaker 2: Breakfast Show. The Mike Hosking Breakfast Show is one of

1444
01:05:41,640 --> 01:05:47,080
Speaker 2: the most popular shows in the country. Yeah, that's right.

1445
01:05:47,200 --> 01:05:49,880
Speaker 2: Who else you got in your phone? You're famous in

1446
01:05:49,960 --> 01:05:50,320
Speaker 2: your phone.

1447
01:05:50,760 --> 01:05:52,880
Speaker 4: I just have a lot of because we're so old now.

1448
01:05:52,920 --> 01:05:56,880
Speaker 4: I have a lot of practologists and just mostly just

1449
01:05:57,040 --> 01:05:59,360
Speaker 4: you know guys that do yeah, various things, a lot

1450
01:05:59,400 --> 01:06:02,320
Speaker 4: of butt doctor mostly. But I can show you all

1451
01:06:02,320 --> 01:06:03,560
Speaker 4: their texts they do a nice show.

1452
01:06:04,800 --> 01:06:06,959
Speaker 2: Hold on they moved from jerrym by pivt in the Moment,

1453
01:06:07,040 --> 01:06:07,960
Speaker 2: thirteen past.

1454
01:06:08,600 --> 01:06:12,960
Speaker 1: The Mic Housking Breakfast Full Show podcast on iHeartRadio, Call

1455
01:06:13,040 --> 01:06:14,560
Speaker 1: it by News Talk Zippy.

1456
01:06:16,080 --> 01:06:18,680
Speaker 2: Cooda pastas I guess is Jeremy Pivot Now Now talk

1457
01:06:18,680 --> 01:06:21,480
Speaker 2: to me about the Pivten Theater. What was it like

1458
01:06:21,560 --> 01:06:23,120
Speaker 2: when you were growing up? You know, just explained that

1459
01:06:23,200 --> 01:06:24,600
Speaker 2: your parents in the poopn Theater.

1460
01:06:25,200 --> 01:06:26,640
Speaker 4: Explain what theater is.

1461
01:06:26,680 --> 01:06:28,080
Speaker 2: I'm sorry, the Pivot Theater.

1462
01:06:28,720 --> 01:06:34,240
Speaker 4: It is a theater where they you know, my my parents.

1463
01:06:35,120 --> 01:06:39,160
Speaker 4: My mother died a few months ago, and she was

1464
01:06:39,200 --> 01:06:40,840
Speaker 4: my acting teacher from the time I was about eight

1465
01:06:40,920 --> 01:06:42,840
Speaker 4: years old and I jumped up on stage with my

1466
01:06:42,920 --> 01:06:45,280
Speaker 4: family and most of the kids are on scholarships, so

1467
01:06:45,360 --> 01:06:46,840
Speaker 4: we don't really know. When people are like, oh, you're

1468
01:06:46,840 --> 01:06:49,520
Speaker 4: in the business, It's like, I'm not in any business.

1469
01:06:50,280 --> 01:06:54,800
Speaker 4: We're just actors, were stage performers, and we didn't understand

1470
01:06:54,840 --> 01:06:57,880
Speaker 4: the business act as aspect of it, which is kind

1471
01:06:57,920 --> 01:07:00,880
Speaker 4: of ironic because I you know, I played a character

1472
01:07:00,920 --> 01:07:03,240
Speaker 4: Ari Gold for over a decade that was this businessman.

1473
01:07:03,600 --> 01:07:05,720
Speaker 4: So everyone thinks that I understand the business and I

1474
01:07:06,200 --> 01:07:08,920
Speaker 4: I'm just a stage actor from Chicago. The kids are

1475
01:07:08,920 --> 01:07:12,800
Speaker 4: on scholarship any age you can go in there and study.

1476
01:07:12,960 --> 01:07:15,920
Speaker 4: They they put on, you know, whatever they feel like

1477
01:07:16,000 --> 01:07:19,240
Speaker 4: putting on at the time, whether it be you know,

1478
01:07:19,560 --> 01:07:22,440
Speaker 4: check off. I've been butchering some of the great writers

1479
01:07:22,480 --> 01:07:24,520
Speaker 4: of all time. I've been butchering it since I was

1480
01:07:24,720 --> 01:07:30,880
Speaker 4: eight years old. So you know, Shakespeare, Kurt Vonnegut, you know,

1481
01:07:31,600 --> 01:07:33,920
Speaker 4: we we do about four shows a year there, and

1482
01:07:34,160 --> 01:07:38,520
Speaker 4: and you know, every every night there are acting classes

1483
01:07:38,600 --> 01:07:39,920
Speaker 4: there and it's still thriving.

1484
01:07:40,360 --> 01:07:42,240
Speaker 2: Was it a thing? Was what I was interested in?

1485
01:07:42,320 --> 01:07:44,520
Speaker 2: When you're a kid, no one else has got a theater?

1486
01:07:45,880 --> 01:07:47,520
Speaker 2: Was that a thing? Was that exciting to be?

1487
01:07:48,000 --> 01:07:48,040
Speaker 14: What?

1488
01:07:48,240 --> 01:07:48,360
Speaker 7: Did?

1489
01:07:48,640 --> 01:07:48,760
Speaker 18: Was it?

1490
01:07:48,920 --> 01:07:48,960
Speaker 7: Just?

1491
01:07:49,040 --> 01:07:49,080
Speaker 13: What?

1492
01:07:49,240 --> 01:07:49,680
Speaker 14: It? Was?

1493
01:07:52,360 --> 01:07:54,240
Speaker 20: It it?

1494
01:07:55,160 --> 01:07:58,880
Speaker 4: I thought that every kid had a theater that they

1495
01:07:58,960 --> 01:08:01,640
Speaker 4: grew up in. But I was horribly mistaken. So I

1496
01:08:01,720 --> 01:08:03,440
Speaker 4: thought it was just like the norm. You get up

1497
01:08:03,480 --> 01:08:07,160
Speaker 4: on stage, you have a great time. Your parents empowered

1498
01:08:07,240 --> 01:08:10,120
Speaker 4: you with the ideology that you're enough, and so you

1499
01:08:10,240 --> 01:08:15,560
Speaker 4: feel very comfortable to perform and kind of operate on

1500
01:08:15,640 --> 01:08:18,960
Speaker 4: your highest vibration. Unbeknownst to me, not every kid had that.

1501
01:08:21,360 --> 01:08:23,280
Speaker 2: So what do you believe in that sense? If you

1502
01:08:23,400 --> 01:08:25,360
Speaker 2: hang out at the theater and your parents are into

1503
01:08:25,400 --> 01:08:29,519
Speaker 2: the theater, you can perform or is performance god given?

1504
01:08:30,280 --> 01:08:35,240
Speaker 4: Oh that's a great question. I I do feel that

1505
01:08:36,479 --> 01:08:40,400
Speaker 4: that we are all given gifts to a lesser and

1506
01:08:40,439 --> 01:08:43,960
Speaker 4: greater extent, and then you know how you how you

1507
01:08:44,160 --> 01:08:47,120
Speaker 4: navigate that is something different, and that's probably the difference

1508
01:08:47,120 --> 01:08:49,760
Speaker 4: between being good and great. And I think a lot

1509
01:08:49,760 --> 01:08:53,000
Speaker 4: of people have been given gifts and they don't stay

1510
01:08:53,080 --> 01:08:57,000
Speaker 4: after it. But I I've I've been on stage, you know,

1511
01:08:58,000 --> 01:09:03,160
Speaker 4: for for my entire life, and I need a little

1512
01:09:03,200 --> 01:09:05,439
Speaker 4: more balance in my life. So that's that's a whole

1513
01:09:05,479 --> 01:09:09,360
Speaker 4: other thing. But the yeah, I think that you know, listen,

1514
01:09:09,439 --> 01:09:12,320
Speaker 4: both my parents are actors, and I think I chose them.

1515
01:09:12,479 --> 01:09:15,759
Speaker 4: And I know that sounds cliched or strange or whatever,

1516
01:09:15,920 --> 01:09:19,519
Speaker 4: but I think I did pick them. And so I

1517
01:09:19,640 --> 01:09:24,240
Speaker 4: think because of them, I was given something. And getting

1518
01:09:24,320 --> 01:09:27,000
Speaker 4: up on stage as a child and having never stopped

1519
01:09:27,080 --> 01:09:30,960
Speaker 4: doing that, you know, you develop certain muscles and I

1520
01:09:31,320 --> 01:09:32,960
Speaker 4: was a little bit of a late bloomer to stand

1521
01:09:33,080 --> 01:09:36,360
Speaker 4: up and so I make that transition and get up

1522
01:09:36,360 --> 01:09:37,920
Speaker 4: there and do my thing with that and then go

1523
01:09:38,080 --> 01:09:41,160
Speaker 4: back to acting. And it makes you a better actor,

1524
01:09:42,200 --> 01:09:45,760
Speaker 4: just because most actors are sitting idle. They have a

1525
01:09:45,800 --> 01:09:48,479
Speaker 4: lot of rust on them because you know, they have

1526
01:09:48,640 --> 01:09:50,840
Speaker 4: to get a lot of people to okay the film,

1527
01:09:51,040 --> 01:09:54,760
Speaker 4: get the money, the studio has to sign off on

1528
01:09:54,880 --> 01:09:57,920
Speaker 4: you whatever or an indie film or whatever. And then

1529
01:09:58,000 --> 01:10:00,640
Speaker 4: with stand up, I'm performing all the time, and then

1530
01:10:00,680 --> 01:10:03,160
Speaker 4: when I go back to acting, there's no rust on me.

1531
01:10:03,400 --> 01:10:06,280
Speaker 2: Fantastic, great answer. They also say, you're doing two hundred,

1532
01:10:06,360 --> 01:10:09,559
Speaker 2: two hundred and fifty shows a year, Is that right? Yeah,

1533
01:10:09,960 --> 01:10:12,679
Speaker 2: that's pretty much well most days.

1534
01:10:13,200 --> 01:10:15,639
Speaker 4: Yeah, I mean, well five days shows a week because

1535
01:10:15,680 --> 01:10:19,439
Speaker 4: you're doing two shows a night. But with theaters like

1536
01:10:19,520 --> 01:10:22,479
Speaker 4: I'm doing now the Sky Theater tonight at eight o'clock.

1537
01:10:23,400 --> 01:10:26,000
Speaker 4: Just throwing that in there with Joe Parker. With Joe Parker,

1538
01:10:26,160 --> 01:10:28,400
Speaker 4: who is going to be opening for me, He's gonna

1539
01:10:28,400 --> 01:10:34,960
Speaker 4: be tight twelve minutes. He's incredibly funny, Joe Parker. There

1540
01:10:35,000 --> 01:10:37,960
Speaker 4: are other people that are have threatened to come and

1541
01:10:38,120 --> 01:10:40,400
Speaker 4: we'll see if they're I can't name them, but it's

1542
01:10:40,439 --> 01:10:44,720
Speaker 4: gonna be a little bit of a you know, yeah,

1543
01:10:44,880 --> 01:10:48,400
Speaker 4: there are certain UFC fighters that are that are great.

1544
01:10:48,840 --> 01:10:51,800
Speaker 2: Okay, you know, is this a sporting of Intel record.

1545
01:10:51,600 --> 01:10:53,240
Speaker 4: On his first name rhymes with missy.

1546
01:10:56,840 --> 01:10:58,639
Speaker 2: I don't know what other nine rhymes with missy?

1547
01:10:59,360 --> 01:10:59,519
Speaker 19: Is he?

1548
01:11:00,760 --> 01:11:00,880
Speaker 7: Oh?

1549
01:11:01,080 --> 01:11:02,240
Speaker 2: Is he to sign you?

1550
01:11:02,439 --> 01:11:02,639
Speaker 18: Yeah?

1551
01:11:03,200 --> 01:11:07,240
Speaker 2: Does is he rhyn with Missy? I think yeah it does?

1552
01:11:08,160 --> 01:11:09,040
Speaker 2: Israel to sign you?

1553
01:11:09,479 --> 01:11:09,679
Speaker 18: Yeah?

1554
01:11:09,800 --> 01:11:12,400
Speaker 2: He's bigger than you think you made him. He's about

1555
01:11:12,560 --> 01:11:14,960
Speaker 2: six three, so he's bigger than you think.

1556
01:11:14,960 --> 01:11:15,479
Speaker 4: He's a big boy.

1557
01:11:15,720 --> 01:11:19,200
Speaker 2: So this is this a fight or a comedy show?

1558
01:11:19,720 --> 01:11:23,040
Speaker 4: Uh, it's it's it's hard to say right now. It

1559
01:11:23,200 --> 01:11:27,760
Speaker 4: feels like it would be a fight, but uh yeah,

1560
01:11:27,960 --> 01:11:31,600
Speaker 4: it's you know, I when I'm in town, I like

1561
01:11:31,720 --> 01:11:34,160
Speaker 4: to reach out to people that i've I've watched and

1562
01:11:34,240 --> 01:11:36,960
Speaker 4: who have inspired me, and I just give it a shot.

1563
01:11:37,040 --> 01:11:39,200
Speaker 2: I just you know, he's fantastic in terms of in

1564
01:11:39,280 --> 01:11:41,960
Speaker 2: terms of determination and getting where you want to go.

1565
01:11:42,040 --> 01:11:44,599
Speaker 2: That guy's that guy's allegiend, mind you, says Joe Parker.

1566
01:11:45,240 --> 01:11:49,680
Speaker 4: Yeah, they're both very, very very inspiring. They've you know,

1567
01:11:50,320 --> 01:11:52,960
Speaker 4: you can have greatness like they both had and then

1568
01:11:53,000 --> 01:11:55,040
Speaker 4: you can rest on it and go that's enough. And

1569
01:11:55,200 --> 01:11:57,560
Speaker 4: both of them have been down and figured out a

1570
01:11:57,600 --> 01:11:59,720
Speaker 4: way to extract their ego and just get after it.

1571
01:11:59,800 --> 01:12:01,240
Speaker 4: And it's very inspiring.

1572
01:12:01,320 --> 01:12:04,200
Speaker 2: Fantastic. I thoroughly enjoyed this, by the way, thank you.

1573
01:12:04,640 --> 01:12:07,439
Speaker 2: I think your enjoyment level rose as the interview went on.

1574
01:12:09,240 --> 01:12:09,880
Speaker 4: Absolutely.

1575
01:12:10,200 --> 01:12:10,360
Speaker 7: You know.

1576
01:12:11,160 --> 01:12:14,040
Speaker 2: Anyway, when you're next in town, yeah, come by and

1577
01:12:14,120 --> 01:12:14,439
Speaker 2: see us.

1578
01:12:14,479 --> 01:12:17,120
Speaker 4: Oh my god, I'm going to put it on my calendar.

1579
01:12:17,280 --> 01:12:20,320
Speaker 2: Hopefully the lighting will be Oh no, no, it's all good.

1580
01:12:20,680 --> 01:12:21,160
Speaker 4: I love this.

1581
01:12:21,560 --> 01:12:24,040
Speaker 2: Jeremy Purvy, Thank you, guys, nice to see Nice to

1582
01:12:24,080 --> 01:12:27,800
Speaker 2: see you. Jeremy Piven at Skuys City tonight, along with

1583
01:12:28,479 --> 01:12:31,559
Speaker 2: Izzy and Joe, allegedly a twenty two.

1584
01:12:32,200 --> 01:12:36,880
Speaker 1: The Mic Hosking Breakfast with the land Rover Discovery News b.

1585
01:12:37,960 --> 01:12:41,240
Speaker 2: Good health starts with the gut, of course, Lester's probiotic

1586
01:12:41,320 --> 01:12:44,680
Speaker 2: but plus you want to remember Lester's Probiotic Plus it's

1587
01:12:44,720 --> 01:12:46,719
Speaker 2: from about health, of course, gives your body the support

1588
01:12:46,760 --> 01:12:50,000
Speaker 2: it needs from the inside out. Powerful daily supplement combines

1589
01:12:50,040 --> 01:12:53,800
Speaker 2: two clinically researched probiotic straints with active herbal extracts to

1590
01:12:53,920 --> 01:12:55,960
Speaker 2: help restore balance, and you get to support your disation

1591
01:12:56,200 --> 01:12:58,680
Speaker 2: and immune health naturally. So whether you've been feeling a bit,

1592
01:12:58,760 --> 01:13:00,519
Speaker 2: you know, maybe sluggish or blow to do under the

1593
01:13:00,600 --> 01:13:06,320
Speaker 2: Weatherlester's Probiotic Plus is there to help. It's the perfect

1594
01:13:06,360 --> 01:13:08,200
Speaker 2: partner to Lister's Oil, by the way, so when you

1595
01:13:08,280 --> 01:13:10,320
Speaker 2: take them together, you're covering all the bases from gut

1596
01:13:10,360 --> 01:13:12,679
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1597
01:13:12,680 --> 01:13:14,960
Speaker 2: You're ready for this special offer. Spend one hundred and

1598
01:13:15,000 --> 01:13:18,120
Speaker 2: fifty or more on your favorite Lister's oil or your RESV.

1599
01:13:18,720 --> 01:13:21,800
Speaker 2: You receive a month's supply of the Lister's probiotics plus,

1600
01:13:21,920 --> 01:13:24,479
Speaker 2: absolutely free to try and use the code breakfast. Got

1601
01:13:24,520 --> 01:13:27,000
Speaker 2: to use the code Breakfast. That's a critical part your walden.

1602
01:13:27,080 --> 01:13:29,080
Speaker 2: Now I read the label. Take only this directed of

1603
01:13:29,160 --> 01:13:32,160
Speaker 2: course about health a dot co dot NZ eight hundred

1604
01:13:32,200 --> 01:13:34,160
Speaker 2: triple nine three h nine. Note the number. Keep it

1605
01:13:34,200 --> 01:13:36,479
Speaker 2: on your forridge O eight hundred triple nine three oh

1606
01:13:36,600 --> 01:13:40,320
Speaker 2: nine Lester's Probiotic plus for their gut. It's going to

1607
01:13:40,360 --> 01:13:40,800
Speaker 2: look after you.

1608
01:13:40,920 --> 01:13:42,920
Speaker 1: No worries Parski.

1609
01:13:42,680 --> 01:13:44,760
Speaker 2: From about health. Just to finish that letter I got

1610
01:13:45,080 --> 01:13:46,720
Speaker 2: earlier on from the bloke who was having lunch with

1611
01:13:46,800 --> 01:13:49,040
Speaker 2: his daughters and can and trying to convince the government

1612
01:13:49,080 --> 01:13:50,840
Speaker 2: that's about time we let some foreigners and to buy

1613
01:13:50,920 --> 01:13:53,280
Speaker 2: some houses as they bring their golden visas. And he says,

1614
01:13:53,400 --> 01:13:56,160
Speaker 2: I know so many good people they want to own

1615
01:13:56,160 --> 01:13:58,120
Speaker 2: a property in New Zealand. People that will add value

1616
01:13:58,200 --> 01:14:00,560
Speaker 2: and be great ambassadors for the country needs to be

1617
01:14:00,640 --> 01:14:03,040
Speaker 2: pulled into line and do what's best for this financially

1618
01:14:03,160 --> 01:14:06,160
Speaker 2: floundering country. It will not affect his base if you

1619
01:14:06,240 --> 01:14:08,439
Speaker 2: do a five million dollar threshold. That's where the National

1620
01:14:08,479 --> 01:14:10,280
Speaker 2: Party came up with started at two. They said, look

1621
01:14:10,479 --> 01:14:12,639
Speaker 2: what about four or five or something like that. Put

1622
01:14:12,680 --> 01:14:15,479
Speaker 2: a fifteen percent stamp duty on it. Furthermore, let's open

1623
01:14:15,520 --> 01:14:18,400
Speaker 2: New Zealand to twenty thousand platinum visas for the price

1624
01:14:18,439 --> 01:14:21,719
Speaker 2: of a million each. That's per person, not family. Obviously,

1625
01:14:21,800 --> 01:14:24,880
Speaker 2: well screen desirables who are seeking residents and ultimate citizenship

1626
01:14:24,920 --> 01:14:27,439
Speaker 2: in New Zealand. Malta recently had a scheme where they

1627
01:14:27,520 --> 01:14:30,560
Speaker 2: charged potential residents seven hundred and fifty thousand euros. It

1628
01:14:30,680 --> 01:14:33,800
Speaker 2: was a roaring success, that's true. Malta had a very

1629
01:14:33,880 --> 01:14:36,280
Speaker 2: successful system. You simply had to give them some money,

1630
01:14:36,600 --> 01:14:38,040
Speaker 2: or you had to buy a property, and you have

1631
01:14:38,120 --> 01:14:39,799
Speaker 2: to spend a couple of weeks a year in Malta

1632
01:14:40,120 --> 01:14:42,240
Speaker 2: and you become a citizen. And lots of people did.

1633
01:14:42,920 --> 01:14:44,920
Speaker 2: And so why we aren't more keen on this. I've

1634
01:14:44,960 --> 01:14:47,559
Speaker 2: got no idea that we're busy asking them to invest

1635
01:14:47,600 --> 01:14:50,519
Speaker 2: five or ten million dollars and the Golden Visa, and

1636
01:14:50,560 --> 01:14:52,720
Speaker 2: there's the demand there, there's a billion dollars lined up

1637
01:14:53,280 --> 01:14:55,080
Speaker 2: and we tell them to go rent a house. It's

1638
01:14:55,120 --> 01:14:57,240
Speaker 2: the weirdest thing. And more and more people see that

1639
01:14:57,400 --> 01:14:58,240
Speaker 2: each and every day.

1640
01:14:58,720 --> 01:14:59,200
Speaker 9: News for you.

1641
01:14:59,439 --> 01:15:01,479
Speaker 2: In a couple well moments then in Britain are the

1642
01:15:01,520 --> 01:15:03,600
Speaker 2: air traffic Control not a lot of planes flying in

1643
01:15:03,640 --> 01:15:05,519
Speaker 2: the early hours of the morning. Rod were the updates

1644
01:15:05,520 --> 01:15:06,120
Speaker 2: shortly for you?

1645
01:15:08,360 --> 01:15:12,760
Speaker 1: News opinion and everything in between. The Mike Hoskey break

1646
01:15:12,840 --> 01:15:17,400
Speaker 1: best with Bailey's real estate altogether better across residential, commercial

1647
01:15:17,520 --> 01:15:19,240
Speaker 1: and rural news togs had been.

1648
01:15:19,120 --> 01:15:23,400
Speaker 2: Well please for Joan Anderson yesterday. Joan is dead. But

1649
01:15:24,160 --> 01:15:27,519
Speaker 2: she was the woman who invented the word hula hoop.

1650
01:15:28,280 --> 01:15:31,080
Speaker 2: So Joan was an American who ended up in Australia.

1651
01:15:31,479 --> 01:15:33,640
Speaker 2: And this is many, many years ago, of course, and

1652
01:15:33,800 --> 01:15:35,920
Speaker 2: she saw these people in Australia standing at the beach

1653
01:15:36,400 --> 01:15:40,080
Speaker 2: with these these hoops and they were doing the hula

1654
01:15:40,120 --> 01:15:42,599
Speaker 2: hooping thing. And at that particular point in time, they

1655
01:15:42,640 --> 01:15:45,400
Speaker 2: didn't it wasn't called anything in particular. It certainly wasn't

1656
01:15:45,439 --> 01:15:47,479
Speaker 2: called the hula hoop. She decided to call the hula hoop,

1657
01:15:47,479 --> 01:15:52,120
Speaker 2: and she's sent some back to America, where she looked

1658
01:15:52,120 --> 01:15:54,439
Speaker 2: to do a deal with the American toy conglomerate Whammo,

1659
01:15:55,680 --> 01:15:57,639
Speaker 2: which is one of those names you don't hear much anymore.

1660
01:15:57,640 --> 01:15:59,960
Speaker 2: There's not many sort of companies left out there called Wammo.

1661
01:16:00,120 --> 01:16:02,600
Speaker 2: Who do you fire? Were for Wammo? Anyway, she was

1662
01:16:02,640 --> 01:16:05,160
Speaker 2: going to do a deal with Wammo, and they did

1663
01:16:05,240 --> 01:16:09,120
Speaker 2: it the old fashioned way, a gentleman's handshake, and they said,

1664
01:16:09,200 --> 01:16:12,280
Speaker 2: when we seldom you'll make some money. Except that never happened,

1665
01:16:12,960 --> 01:16:15,360
Speaker 2: and the firm's boss apparently kept putting it off, putting

1666
01:16:15,360 --> 01:16:17,280
Speaker 2: it off, putting it off, and the pair her and

1667
01:16:17,320 --> 01:16:21,200
Speaker 2: a husband eventually filed a lawsuit resulted in a financial sentiment,

1668
01:16:21,280 --> 01:16:24,800
Speaker 2: not a big one, but no formal recognition to their

1669
01:16:24,880 --> 01:16:27,360
Speaker 2: role of its rise. But later accounts of the invention

1670
01:16:27,520 --> 01:16:31,600
Speaker 2: mentioned how this Australian friend brought an early version to

1671
01:16:31,680 --> 01:16:35,200
Speaker 2: the United States of America. So she was actually she

1672
01:16:35,400 --> 01:16:38,320
Speaker 2: was from Sydney, originally born in nineteen twenty three, she

1673
01:16:38,520 --> 01:16:42,559
Speaker 2: was a swimsuit model, married an American pilot, met him

1674
01:16:42,560 --> 01:16:45,880
Speaker 2: at Bondi went back to America, et cetera. C Anyway,

1675
01:16:45,920 --> 01:16:48,639
Speaker 2: she died the other day at nursing home in Karasbad

1676
01:16:48,680 --> 01:16:53,040
Speaker 2: in California. But she is the person recognized late in

1677
01:16:53,120 --> 01:16:56,200
Speaker 2: life as the person who invented the word the term huloop.

1678
01:16:56,720 --> 01:16:57,879
Speaker 2: Twenty two minutes away.

1679
01:16:57,640 --> 01:17:02,040
Speaker 17: From now international correspondent squid ends an eye insurance peace

1680
01:17:02,080 --> 01:17:03,439
Speaker 17: of mind for New Zealand business.

1681
01:17:03,479 --> 01:17:06,519
Speaker 2: What I was talking about that story was I looked

1682
01:17:06,560 --> 01:17:09,680
Speaker 2: for the part that she had done a lot of

1683
01:17:09,800 --> 01:17:12,479
Speaker 2: hula hooping her all her life, and therefore had lived

1684
01:17:12,520 --> 01:17:14,200
Speaker 2: to such a right old age, and therefore it gave

1685
01:17:14,200 --> 01:17:16,439
Speaker 2: you an indication that fitness and flexibility was right. But

1686
01:17:16,479 --> 01:17:17,800
Speaker 2: it said nothing of the sort. And I would have

1687
01:17:17,800 --> 01:17:19,639
Speaker 2: thought that was the first thing I would have inquired

1688
01:17:19,640 --> 01:17:22,160
Speaker 2: about if I was the journalist in the story. Anyway,

1689
01:17:22,240 --> 01:17:23,960
Speaker 2: we need to go to Britain, Rod little morning mate,

1690
01:17:24,320 --> 01:17:27,240
Speaker 2: good inte. So if you were going anywhere you've you've

1691
01:17:27,280 --> 01:17:29,080
Speaker 2: been having a bit of trouble either night our time.

1692
01:17:29,680 --> 01:17:32,360
Speaker 3: It's incredible. This is the second time in two years

1693
01:17:32,400 --> 01:17:38,519
Speaker 3: and air traffic control mishap Mayhem, Dozens and dozens of

1694
01:17:38,640 --> 01:17:43,360
Speaker 3: flights canceled, not a single plane moving, landing or taking

1695
01:17:43,479 --> 01:17:48,679
Speaker 3: off for a period of time this afternoon. At least

1696
01:17:48,720 --> 01:17:54,719
Speaker 3: one MP has. Indeed, the boss of Ryanair has called

1697
01:17:54,760 --> 01:17:58,479
Speaker 3: for the resignation of the boss of air traffic Control

1698
01:17:59,520 --> 01:18:02,760
Speaker 3: and the transformeristory is warning but there may be more

1699
01:18:02,800 --> 01:18:05,960
Speaker 3: trouble to come. We don't yet know what the source

1700
01:18:06,000 --> 01:18:11,960
Speaker 3: of this trouble exactly is, but it's another real problem

1701
01:18:12,120 --> 01:18:17,240
Speaker 3: for the government for people living in Britain obviously, but

1702
01:18:17,520 --> 01:18:21,080
Speaker 3: just generally that you know, flights have now resumed, but

1703
01:18:21,200 --> 01:18:24,240
Speaker 3: it's getting to the point where you are wary when

1704
01:18:24,320 --> 01:18:26,400
Speaker 3: you're booking, when you're booking a.

1705
01:18:26,439 --> 01:18:29,920
Speaker 2: Flight, Yeah, reputationally, it can't be good for you. They

1706
01:18:30,000 --> 01:18:32,519
Speaker 2: say it's radar. I think they say it's radar. If

1707
01:18:32,560 --> 01:18:36,000
Speaker 2: I asked your average britt is investment and ear traffic

1708
01:18:36,120 --> 01:18:38,200
Speaker 2: control and stuff a bit antiquated? Is it all a

1709
01:18:38,240 --> 01:18:39,759
Speaker 2: bit old? Could that be part of the problem.

1710
01:18:40,800 --> 01:18:46,000
Speaker 3: Yes, probably, Yes, they are saying it's radar, but what

1711
01:18:46,200 --> 01:18:51,519
Speaker 3: about radar radar doing what I mean air traffic control

1712
01:18:51,680 --> 01:18:55,280
Speaker 3: is so the radar isn't. There's nothing more about it

1713
01:18:55,400 --> 01:19:00,240
Speaker 3: than that the National Air Traffic Control System of said

1714
01:19:00,240 --> 01:19:03,960
Speaker 3: it is back to running and that they're still trying

1715
01:19:04,040 --> 01:19:07,080
Speaker 3: to understand the cause of the technical issue and the

1716
01:19:07,200 --> 01:19:13,280
Speaker 3: implications for the quote resilience systems in place not terribly resilient,

1717
01:19:13,400 --> 01:19:16,840
Speaker 3: you would suggest at the moment. Yes, I mean I

1718
01:19:16,920 --> 01:19:20,400
Speaker 3: think reputationally more than anything. It's appalling. It could just

1719
01:19:20,520 --> 01:19:23,719
Speaker 3: be coincidence, of course, two in two and a half years,

1720
01:19:24,160 --> 01:19:27,639
Speaker 3: but it doesn't feel like it. We have a real

1721
01:19:27,800 --> 01:19:28,760
Speaker 3: problem at the moment.

1722
01:19:29,080 --> 01:19:32,960
Speaker 2: Indeed, this Palestine thing that happened yesterday with Sakia Starmer,

1723
01:19:32,960 --> 01:19:34,320
Speaker 2: and I know he was on the phone who a

1724
01:19:34,439 --> 01:19:37,120
Speaker 2: nit Nyahu before he said it, but it struck me

1725
01:19:37,280 --> 01:19:39,360
Speaker 2: as being weird. I mean, once upon a time you

1726
01:19:39,400 --> 01:19:42,240
Speaker 2: wanted to recognize Palestine because you thought that's a good

1727
01:19:42,280 --> 01:19:43,760
Speaker 2: thing to do. Now he seems to be using it

1728
01:19:43,840 --> 01:19:46,639
Speaker 2: as sort of like a threat, like unless you do something,

1729
01:19:46,720 --> 01:19:48,719
Speaker 2: I'm going to recognize Palestine. Is that strange?

1730
01:19:49,160 --> 01:19:53,920
Speaker 3: Yes, it's idiotic. It won't do anything, it won't achieve anything.

1731
01:19:54,720 --> 01:19:57,680
Speaker 3: I don't know what it is is recognizing. Given the

1732
01:19:57,800 --> 01:20:02,120
Speaker 3: Palestine isn't a state, it would seem that he's recognizing

1733
01:20:02,920 --> 01:20:07,240
Speaker 3: her mass as a terrorist group, which you know two

1734
01:20:07,320 --> 01:20:10,960
Speaker 3: weeks ago he said was a terrorist group. And he's

1735
01:20:11,040 --> 01:20:15,280
Speaker 3: been condemned by Emily Danari, who was the British Jewish

1736
01:20:15,320 --> 01:20:19,360
Speaker 3: girl who was held captive by her mauths for fifteen months,

1737
01:20:20,320 --> 01:20:23,439
Speaker 3: who said he was guilty of a moral failure and

1738
01:20:23,640 --> 01:20:26,960
Speaker 3: was standing on the wrong side of history. It has

1739
01:20:27,000 --> 01:20:32,000
Speaker 3: been done solely to appease his backbenchers. There is no

1740
01:20:32,479 --> 01:20:36,360
Speaker 3: possible other cause for this, because it's annoyed the Americans,

1741
01:20:36,400 --> 01:20:40,360
Speaker 3: it's obviously annoyed the Israelis. It hasn't made the Germans

1742
01:20:40,400 --> 01:20:43,720
Speaker 3: particularly pleased either. He would have been considering this sort

1743
01:20:43,760 --> 01:20:48,439
Speaker 3: of thing. Georgie o' maloney promised ravit and he got

1744
01:20:48,479 --> 01:20:51,600
Speaker 3: it right when she said, you know, we will recognize

1745
01:20:51,640 --> 01:20:55,920
Speaker 3: Palestine as a state when Palestine is a state, and

1746
01:20:56,640 --> 01:20:59,840
Speaker 3: that seems to make rather more sense. And he's going

1747
01:20:59,880 --> 01:21:02,559
Speaker 3: to into all sorts of trouble over this now because

1748
01:21:03,040 --> 01:21:05,679
Speaker 3: there is that problem that, given it's not a state,

1749
01:21:06,080 --> 01:21:07,760
Speaker 3: what exactly are you recognized him?

1750
01:21:07,840 --> 01:21:09,639
Speaker 2: No, it's a funny thing, and you said it all along,

1751
01:21:09,720 --> 01:21:11,400
Speaker 2: isn't it. I mean that this back beach of his,

1752
01:21:11,560 --> 01:21:13,479
Speaker 2: or this caucus of his, the size of the caucus,

1753
01:21:13,520 --> 01:21:15,960
Speaker 2: I mean, what is he believing? He just believes in

1754
01:21:16,000 --> 01:21:17,800
Speaker 2: whatever the back beach is he believes in.

1755
01:21:18,120 --> 01:21:19,800
Speaker 3: I don't think he believes in it. I just think

1756
01:21:19,840 --> 01:21:21,640
Speaker 3: he feels he needs to do it, just as he

1757
01:21:21,680 --> 01:21:25,040
Speaker 3: felt the need to climb down on stopping us from

1758
01:21:25,120 --> 01:21:29,040
Speaker 3: going bankrupt a few months ago, a month, a couple

1759
01:21:29,080 --> 01:21:33,760
Speaker 3: of months ago. He is he is caught at the moment.

1760
01:21:33,880 --> 01:21:36,760
Speaker 3: He has a party just forming on the left of

1761
01:21:36,840 --> 01:21:40,879
Speaker 3: his own, and he has reformed way ahead in the polls.

1762
01:21:42,280 --> 01:21:45,040
Speaker 3: It is not looking good for him, and so he

1763
01:21:45,240 --> 01:21:49,000
Speaker 3: is doing anything he possibly can to shore up both

1764
01:21:49,040 --> 01:21:53,320
Speaker 3: support for himself amongst backbenches and support for the party nationally.

1765
01:21:53,720 --> 01:21:55,720
Speaker 3: And I don't think that this will do anything at all.

1766
01:21:55,760 --> 01:21:57,439
Speaker 2: All right, right, go, well, we'll catch up next week.

1767
01:21:57,479 --> 01:21:59,240
Speaker 2: Appreciate it. I must ask Rod when we get a

1768
01:21:59,240 --> 01:22:01,479
Speaker 2: bit more time next week. Jeremy the party to the

1769
01:22:01,560 --> 01:22:04,519
Speaker 2: left he was referring to, is, of course, Jeremy Corbyn's

1770
01:22:04,560 --> 01:22:07,360
Speaker 2: new party. Who is an independent MP for is? I

1771
01:22:07,400 --> 01:22:09,800
Speaker 2: can't remember is Elington East or West? Whatever it is,

1772
01:22:09,880 --> 01:22:13,080
Speaker 2: But I'll be interested to know what Rod thinks as

1773
01:22:13,120 --> 01:22:16,439
Speaker 2: to how many percentage points that particular philosophy is worth.

1774
01:22:16,600 --> 01:22:17,400
Speaker 2: Sixteen to nine.

1775
01:22:18,920 --> 01:22:23,320
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

1776
01:22:23,400 --> 01:22:24,360
Speaker 1: by News Talks at B.

1777
01:22:25,479 --> 01:22:29,400
Speaker 2: Fifty Tariffs on Copper just announced Trump fifty percent just

1778
01:22:29,520 --> 01:22:31,720
Speaker 2: like that, Thanks very much for coming. The thing I

1779
01:22:31,760 --> 01:22:33,720
Speaker 2: didn't mention, by the way, did you recommend land Man

1780
01:22:33,800 --> 01:22:36,160
Speaker 2: to me? Was that you that recommended land Man? Bumsteer?

1781
01:22:36,560 --> 01:22:36,920
Speaker 17: It was?

1782
01:22:37,160 --> 01:22:39,559
Speaker 2: It was okay, it was I watched it on the holiday.

1783
01:22:39,600 --> 01:22:41,400
Speaker 2: The thing I wanted to mention, which was really interesting,

1784
01:22:41,479 --> 01:22:45,240
Speaker 2: and it's almost almost worth looking up. If you can

1785
01:22:45,320 --> 01:22:47,680
Speaker 2: be bothered and you haven't watched land Man, it's not

1786
01:22:47,840 --> 01:22:50,720
Speaker 2: something I would it was. It was fine. It was

1787
01:22:50,800 --> 01:22:53,240
Speaker 2: fine without being great. Billy Bob Thornton holds it together.

1788
01:22:53,280 --> 01:22:53,639
Speaker 2: Takee bad.

1789
01:22:53,920 --> 01:22:56,000
Speaker 9: That's that's why you wretch. He's so great.

1790
01:22:56,200 --> 01:22:59,080
Speaker 2: He is good, but he's surrounded by so many young,

1791
01:22:59,160 --> 01:23:01,599
Speaker 2: great people that you think this probably doesn't hold together

1792
01:23:01,640 --> 01:23:02,000
Speaker 2: well enough.

1793
01:23:02,080 --> 01:23:03,320
Speaker 9: Did you find the wife a bit match?

1794
01:23:03,560 --> 01:23:07,679
Speaker 2: She's it says that I couldn't. It was almost comedic

1795
01:23:07,720 --> 01:23:10,519
Speaker 2: at times. They say it give us a good insight

1796
01:23:10,600 --> 01:23:13,320
Speaker 2: into the oil industry in Texas, and that's probably true.

1797
01:23:13,400 --> 01:23:14,920
Speaker 9: John Ham's pretty good, is he.

1798
01:23:15,960 --> 01:23:17,559
Speaker 2: I didn't think there was enough of them. He didn't

1799
01:23:17,560 --> 01:23:19,840
Speaker 2: play a big enough part to hold me. And Demi

1800
01:23:19,920 --> 01:23:21,880
Speaker 2: Moore was there. So I mean, if I just said you, hey,

1801
01:23:21,920 --> 01:23:24,240
Speaker 2: there's this show with Billy, Bob Thornton and John Hamm

1802
01:23:24,560 --> 01:23:26,479
Speaker 2: and Demi Moore. You go, wow, that's pretty cool.

1803
01:23:26,720 --> 01:23:28,240
Speaker 9: So you reckon there's going to be more of Demi

1804
01:23:28,280 --> 01:23:29,360
Speaker 9: Moore in the next season.

1805
01:23:29,600 --> 01:23:32,760
Speaker 2: Well given her husband's deed. Yes, I would spoil those

1806
01:23:33,120 --> 01:23:37,679
Speaker 2: sorry cheap anyway, the point being the point I wanted

1807
01:23:37,680 --> 01:23:39,320
Speaker 2: to make to you. There's a guy, there's a camera.

1808
01:23:41,479 --> 01:23:43,400
Speaker 9: Can you hear anything, guys the.

1809
01:23:45,640 --> 01:23:49,320
Speaker 2: There's a cameo, my Jerry Jones. And Jerry Jones is

1810
01:23:49,360 --> 01:23:51,640
Speaker 2: the owner of the Dallas Cowboys, and you know my

1811
01:23:51,720 --> 01:23:54,960
Speaker 2: fascination with American football. Jerry Jones goes to visit a

1812
01:23:55,040 --> 01:23:58,160
Speaker 2: dying John Hamm in his bed. Now I have a

1813
01:23:58,200 --> 01:23:59,479
Speaker 2: look at it and see what you think about this,

1814
01:23:59,600 --> 01:24:02,040
Speaker 2: because his delivery and the way he tells the story.

1815
01:24:02,080 --> 01:24:03,760
Speaker 2: Basically he tells the story. He's noil on it in

1816
01:24:03,800 --> 01:24:06,519
Speaker 2: real life. Who bought twenty five plots, twenty eight plots

1817
01:24:06,560 --> 01:24:09,200
Speaker 2: whatever it was of land four of them struck. He

1818
01:24:09,320 --> 01:24:12,240
Speaker 2: got the money from the oil to buy the Dallas Cowboys,

1819
01:24:12,320 --> 01:24:14,360
Speaker 2: and he bought the Dallas Cowboys so he could work

1820
01:24:14,400 --> 01:24:15,880
Speaker 2: with his family. The point of him being in the

1821
01:24:15,920 --> 01:24:18,599
Speaker 2: hospital talking to John Hann who's dying is Ham doesn't

1822
01:24:18,600 --> 01:24:20,840
Speaker 2: have a particularly good relationship with his family, and he's

1823
01:24:20,880 --> 01:24:24,040
Speaker 2: telling him the importance of family. Now, Jerry Jones is

1824
01:24:24,080 --> 01:24:26,559
Speaker 2: not an actor, and yet he's as good an actor

1825
01:24:26,560 --> 01:24:29,400
Speaker 2: as I've ever seen his scene. And I wondered when

1826
01:24:29,439 --> 01:24:31,960
Speaker 2: I looked at the camera angle. I'm wondering because they

1827
01:24:32,000 --> 01:24:34,880
Speaker 2: shot him on an angle where he could actually be

1828
01:24:35,000 --> 01:24:37,360
Speaker 2: reading it all off in autoque because I thought, how

1829
01:24:37,439 --> 01:24:41,920
Speaker 2: is it possible he has remembered this dissertation so brilliantly

1830
01:24:42,040 --> 01:24:45,000
Speaker 2: and eloquently unless he's reading it.

1831
01:24:45,200 --> 01:24:46,800
Speaker 9: Have you watched all of Yellowstone?

1832
01:24:47,080 --> 01:24:49,080
Speaker 2: I've never seen any of Yellowstone.

1833
01:24:48,800 --> 01:24:51,840
Speaker 9: Because they have some real cowboys in that as well.

1834
01:24:52,200 --> 01:24:54,880
Speaker 2: Do you reckon? They read off in autocare had to say.

1835
01:24:55,280 --> 01:24:57,800
Speaker 20: I tend to say, this is something that Taylor Sheridan does.

1836
01:24:57,880 --> 01:25:00,000
Speaker 20: I think the guy creates all these shows.

1837
01:25:00,800 --> 01:25:02,680
Speaker 2: But Jerick and Jerry Jones was reading off an order

1838
01:25:02,720 --> 01:25:04,360
Speaker 2: kit No I reckon. He said, just go in there

1839
01:25:04,680 --> 01:25:05,519
Speaker 2: and say whatever.

1840
01:25:05,320 --> 01:25:07,240
Speaker 9: You want to say, and you know this guy's dying,

1841
01:25:07,479 --> 01:25:09,040
Speaker 9: Well I'd say what you.

1842
01:25:09,040 --> 01:25:11,040
Speaker 2: Would say, because that was a very that was quite

1843
01:25:11,320 --> 01:25:12,439
Speaker 2: quite a thing, because I.

1844
01:25:12,400 --> 01:25:14,040
Speaker 9: Think that's what he does with these old cowboys and

1845
01:25:14,080 --> 01:25:17,080
Speaker 9: things and yellows this is the vibe.

1846
01:25:17,720 --> 01:25:20,080
Speaker 2: Well, here's the point though, apart from Jerry Jones being

1847
01:25:20,080 --> 01:25:22,960
Speaker 2: a fantastic actor. Whether he made it up or not,

1848
01:25:23,200 --> 01:25:25,880
Speaker 2: I don't know, the story that he bought the Devias

1849
01:25:25,920 --> 01:25:28,080
Speaker 2: Cowboys to hang out with his family is the reason

1850
01:25:28,120 --> 01:25:31,240
Speaker 2: the Dellas Cowboys have never won anything. And they're one

1851
01:25:31,240 --> 01:25:33,200
Speaker 2: of those sides that every single year everyone thinks are

1852
01:25:33,200 --> 01:25:34,760
Speaker 2: going to be brilliant because no one spent more money

1853
01:25:34,760 --> 01:25:37,120
Speaker 2: on football than his team and his facilities in Jerry Jones,

1854
01:25:37,120 --> 01:25:38,680
Speaker 2: and yet they never win anything. You know why they

1855
01:25:38,720 --> 01:25:40,920
Speaker 2: don't win anything because he hired all his kids.

1856
01:25:41,400 --> 01:25:42,640
Speaker 9: Is it a football team? I thought it was just

1857
01:25:42,680 --> 01:25:43,759
Speaker 9: a cheerleading franchise.

1858
01:25:43,920 --> 01:25:47,479
Speaker 2: No, they do football as well. It's nine away from nine.

1859
01:25:48,120 --> 01:25:51,880
Speaker 1: The Mike asking Breakfast with Bailey's real estate news talks.

1860
01:25:51,880 --> 01:25:54,960
Speaker 2: They become the Officialernardo's. Taylor Sheridan wrote land Man with

1861
01:25:55,040 --> 01:25:57,360
Speaker 2: Billy Bob Thornton and mind, which is good, isn't it?

1862
01:25:57,439 --> 01:25:59,720
Speaker 2: And I've never been in that position imagine writing it

1863
01:25:59,760 --> 01:26:01,519
Speaker 2: with but in mind you go, hey, listen, I wrote

1864
01:26:01,520 --> 01:26:02,840
Speaker 2: with this you and he goes, I don't want to do?

1865
01:26:03,439 --> 01:26:05,960
Speaker 2: Then what do you do do you lie? It's like

1866
01:26:06,080 --> 01:26:08,439
Speaker 2: when you when when someone rings you up to offer

1867
01:26:08,479 --> 01:26:11,080
Speaker 2: you a job and you go, am I the first person?

1868
01:26:11,160 --> 01:26:13,160
Speaker 2: What you're looking for is not the answer you go

1869
01:26:13,320 --> 01:26:15,960
Speaker 2: you're looking for the pause, whether they're good liars and

1870
01:26:16,040 --> 01:26:17,479
Speaker 2: that game? Am I the first person? You call it

1871
01:26:18,120 --> 01:26:22,080
Speaker 2: too long? I'm second Artur Jerry Jones did it one take?

1872
01:26:22,160 --> 01:26:22,240
Speaker 8: Now?

1873
01:26:22,280 --> 01:26:25,680
Speaker 2: I don't know that's true. If it is, it's it's phenomenal.

1874
01:26:26,000 --> 01:26:29,880
Speaker 2: It's absolutely phenomenal. Billy Bob's speech about oil and wind

1875
01:26:30,000 --> 01:26:34,240
Speaker 2: turbines is an instant classic. That's true, and so.

1876
01:26:34,280 --> 01:26:35,920
Speaker 9: It says that there's a lot of good stuff out

1877
01:26:35,920 --> 01:26:37,320
Speaker 9: on it this He didn't.

1878
01:26:37,400 --> 01:26:39,000
Speaker 2: You point to me off here that he gives some

1879
01:26:39,080 --> 01:26:41,240
Speaker 2: great lines about renewables and oil and the cost of

1880
01:26:41,320 --> 01:26:42,760
Speaker 2: and how oil works and what it needs to be

1881
01:26:42,840 --> 01:26:44,599
Speaker 2: a barrel and the boom and the bust and stuff

1882
01:26:44,600 --> 01:26:45,080
Speaker 2: that's all cool.

1883
01:26:45,200 --> 01:26:48,240
Speaker 20: I just love how this the whole world collapses in

1884
01:26:48,320 --> 01:26:51,120
Speaker 20: all around him and he just carries on being and

1885
01:26:51,400 --> 01:26:53,320
Speaker 20: the whole time his jeans don't really fit him properly the.

1886
01:26:53,320 --> 01:26:55,439
Speaker 2: Whole No, No, he's got that look. He looks pretty

1887
01:26:55,439 --> 01:26:57,160
Speaker 2: good for sixty nine. I looked him up and I thought,

1888
01:26:57,160 --> 01:26:58,800
Speaker 2: how old is he go? I had him at sixty three,

1889
01:26:58,800 --> 01:27:01,599
Speaker 2: and he's actually sixty nine, five minutes away from nine.

1890
01:27:01,960 --> 01:27:07,080
Speaker 1: Trending now with chemist ware house, great savings every day.

1891
01:27:07,360 --> 01:27:08,840
Speaker 2: We've had a bit of reaction this morning to the

1892
01:27:08,880 --> 01:27:11,519
Speaker 2: Civil Defense alert thing that you know, people who are

1893
01:27:11,840 --> 01:27:14,120
Speaker 2: up and away from the sea got them, and you

1894
01:27:14,280 --> 01:27:16,640
Speaker 2: do understand, And I said this, you do understand. They

1895
01:27:16,680 --> 01:27:20,240
Speaker 2: don't have a system whereby they can only send messages

1896
01:27:20,320 --> 01:27:21,960
Speaker 2: to people who are on the coast. I mean that

1897
01:27:22,240 --> 01:27:24,200
Speaker 2: AI might bring us that one day, but right now

1898
01:27:24,240 --> 01:27:26,479
Speaker 2: they don't. So pretty much everyone gets a message.

1899
01:27:26,520 --> 01:27:28,880
Speaker 20: And in New Zealand we are all closer to the

1900
01:27:29,000 --> 01:27:31,360
Speaker 20: very coast that it would take us less time to

1901
01:27:31,439 --> 01:27:34,000
Speaker 20: get to the coast than a tsunami from Russia would

1902
01:27:34,280 --> 01:27:36,879
Speaker 20: take to get here, So we're all at risk.

1903
01:27:37,920 --> 01:27:42,720
Speaker 2: Saying thanks Glenn, now go go down and do your

1904
01:27:42,760 --> 01:27:44,960
Speaker 2: day job at the Civil Defense office. Anyway, in Japan

1905
01:27:45,000 --> 01:27:48,760
Speaker 2: they got similar alerts. Two million people were ordered to evacuate.

1906
01:27:49,160 --> 01:27:52,000
Speaker 2: And of course in Japan nothing nothing's happened anywhere really,

1907
01:27:52,400 --> 01:27:54,640
Speaker 2: even and I was watching the camera and in that

1908
01:27:54,720 --> 01:27:57,320
Speaker 2: weird place in Russia yesterday nothing appeared to happen there

1909
01:27:57,360 --> 01:28:01,360
Speaker 2: either there's next to nothing there, but what was there?

1910
01:28:01,439 --> 01:28:03,519
Speaker 2: Nothing happened, So they had this massive earthquake and all

1911
01:28:03,560 --> 01:28:06,320
Speaker 2: the buildings were still standing, and I thought that's odd anyway,

1912
01:28:06,520 --> 01:28:08,439
Speaker 2: Be that as it may. It also picked the people

1913
01:28:08,439 --> 01:28:09,679
Speaker 2: who are on holiday in Hawaii.

1914
01:28:09,960 --> 01:28:13,920
Speaker 21: We were up visiting Volcano National Park, and so the

1915
01:28:14,200 --> 01:28:17,040
Speaker 21: tsunami warning go off on our phones, and then one

1916
01:28:17,080 --> 01:28:20,120
Speaker 21: of the tour operators from our cruise ship, the Fraid

1917
01:28:20,160 --> 01:28:23,200
Speaker 21: of America, said everyone back to the ship as fast

1918
01:28:23,200 --> 01:28:26,479
Speaker 21: as you can. Ship's leaving at three point thirty, and

1919
01:28:27,320 --> 01:28:28,439
Speaker 21: we we knew at that point.

1920
01:28:28,280 --> 01:28:29,200
Speaker 2: We weren't going to make it.

1921
01:28:29,479 --> 01:28:32,400
Speaker 21: So it's fulling away now.

1922
01:28:33,240 --> 01:28:36,960
Speaker 2: So he's standing on the dock watching his cruise ship

1923
01:28:37,240 --> 01:28:39,360
Speaker 2: with all his clothes and stuff, because that's the beauty

1924
01:28:39,400 --> 01:28:42,400
Speaker 2: of cruising. Once you unpack, you don't have to unpack again.

1925
01:28:43,160 --> 01:28:45,559
Speaker 2: So that's just sailing off without it. I must admit,

1926
01:28:46,040 --> 01:28:48,960
Speaker 2: the last time I was in Hawaii, I stayed at

1927
01:28:49,000 --> 01:28:51,200
Speaker 2: that pink one. What's the pink one called on Wykaki,

1928
01:28:51,479 --> 01:28:54,280
Speaker 2: It's called the Pink Palace or the Pink whatever anyway,

1929
01:28:54,520 --> 01:28:56,800
Speaker 2: and I was thinking I was trying to envisage last

1930
01:28:56,880 --> 01:29:00,360
Speaker 2: night if I was there when that happened, yes, today

1931
01:29:00,520 --> 01:29:03,120
Speaker 2: and the alerts were going, what pull up? Would I

1932
01:29:03,320 --> 01:29:05,719
Speaker 2: stay in the hotel? Would they? First of all, would

1933
01:29:05,720 --> 01:29:08,080
Speaker 2: they allow me to stay in the hotel? And if

1934
01:29:08,240 --> 01:29:10,360
Speaker 2: they would allow me to stay in the hotel, would

1935
01:29:10,400 --> 01:29:13,240
Speaker 2: I be okay? Even if a surge came ashore and

1936
01:29:13,400 --> 01:29:15,479
Speaker 2: sort of swept through the first floor of the hotel

1937
01:29:15,520 --> 01:29:17,840
Speaker 2: and I'm on floor thirteen, you know what I mean.

1938
01:29:17,920 --> 01:29:21,240
Speaker 9: There wouldn't be a floor thirteen and the Royal Vine.

1939
01:29:21,080 --> 01:29:22,320
Speaker 2: Or whatever anyway.

1940
01:29:23,160 --> 01:29:25,439
Speaker 9: And more importantly, would they still be doing room service?

1941
01:29:25,720 --> 01:29:29,040
Speaker 2: Apparently Oprah, who's got a big property there, has a

1942
01:29:29,120 --> 01:29:31,920
Speaker 2: private road and the private road is a short cut

1943
01:29:31,960 --> 01:29:33,880
Speaker 2: across the island where a lot of people needed to go.

1944
01:29:34,120 --> 01:29:37,719
Speaker 2: And the ongoing dispute at the moment is whether Oprah

1945
01:29:37,800 --> 01:29:40,559
Speaker 2: would or wouldn't open her road because there was chaos.

1946
01:29:40,680 --> 01:29:44,439
Speaker 2: And that's that's in all the tabloid news today. So

1947
01:29:44,640 --> 01:29:46,160
Speaker 2: if you want to follow that, and.

1948
01:29:46,160 --> 01:29:48,280
Speaker 9: Why is course there are a lot of eggs, hasn't.

1949
01:29:48,080 --> 01:29:48,640
Speaker 2: It very much?

1950
01:29:48,680 --> 01:29:48,800
Speaker 7: Sir?

1951
01:29:49,560 --> 01:29:52,080
Speaker 2: Now We're out of here and back tomorrow morning at

1952
01:29:52,120 --> 01:29:54,360
Speaker 2: Sexegy as always, Cabby Days

1953
01:29:58,920 --> 01:30:01,800
Speaker 1: For more from the mic Asking Breakfast listen live to

1954
01:30:01,960 --> 01:30:05,000
Speaker 1: News Talks at B from six am weekdays, or follow

1955
01:30:05,040 --> 01:30:06,600
Speaker 1: the podcast on iHeartRadio