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

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Speaker 1: The Mike Hosking Breakfast with a Vita, Retirement, Communities, Life

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Speaker 1: Your Way News, togs head been well.

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Speaker 2: You welcome today to leave. Changes we've got, the immigration changes,

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Speaker 2: the mood of the boardroom, the risk we're heading apparently

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Speaker 2: for second world status Mark and Ginny Politics Wednesday after

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Speaker 2: late Wichard Arnold State Side Dennis Shanahan does the business

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Speaker 2: in Australia. Four Passky Welcome to the middle of the

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Speaker 2: week seven past six headline was not unheard of, but

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Speaker 2: part of it seemed a little bit unusual. Like New Zealand,

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Speaker 2: Australia and its media are fascinated with property. Unlike New Zealand.

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Speaker 2: At the moment, the Australian housing market is alive and well,

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Speaker 2: and they're in a constant debate over the cost of

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Speaker 2: a house versus the number of houses being built, versus

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Speaker 2: the axis you have to them if you're a first

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Speaker 2: time and now the upside this side of the Tasman

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Speaker 2: for several years now is that the priced out of

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Speaker 2: the market scrap has been silenced and the percentage of

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Speaker 2: first time buyers has continued to rise. It currently sits

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Speaker 2: at a bit over twenty seven percent. It's also helped

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Speaker 2: that the consent boom of several years ago has seen

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Speaker 2: the ear of a lot of new homes and that

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Speaker 2: is why during the so called cost of living crisis,

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Speaker 2: the listings numbers have been so high, thus putting a

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Speaker 2: dapter on the asking price. But headline over the weekend

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Speaker 2: in Australia was forward thinking Dad nabs one point one

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Speaker 2: million dollar in a west unit for fourteen year old daughter.

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Speaker 2: That's right, parents are yes, plain bank of mum and dad.

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Speaker 2: That's not new, but now they're apparently doing it years

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Speaker 2: in advance of needing to. I mean, could the headline,

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Speaker 2: of course be a bit of bollocks? I mean, does

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Speaker 2: a mum and dad actually buy a house for a child?

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Speaker 2: As in they buy it, hand it over paperwork in

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Speaker 2: all in other words, it's theirs orders mum and dad mean,

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Speaker 2: we purchase it and you can live in it, or

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Speaker 2: you can rent it, or you can rent and buy it.

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Speaker 2: And let's be honest, if your kid is fourteen and

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Speaker 2: you purchase the unit last weekend, are you leaving it

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Speaker 2: empty for four or five years? Of course you're not.

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Speaker 2: You're renting it out in a growing market. This is

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Speaker 2: a ken to keiwi saber. Essentially, you can't lose, which,

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Speaker 2: by the way, is why housing has remain the key

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Speaker 2: we mainstay when it comes to retirement savings. Even if

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Speaker 2: your child is fourteen, you're not losing a cent on

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Speaker 2: a house no matter when you buy it. What about

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Speaker 2: the morals, though, That's the big question, isn't it? What

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Speaker 2: about the morals? What's the message to a fourteen year

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Speaker 2: old hasn't even sat in Cea yet and they're sitting

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Speaker 2: in matso Rico as a homeowner. For goodness sake, did

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Speaker 2: you have a good weekend? Year dad bought me a house?

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Speaker 2: Is maturity and growth stymied of all of life's hurdles,

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Speaker 2: trials and tribulations are solved by a parents checkbook.

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Speaker 3: News of the world in ninety seconds.

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Speaker 2: Well it was Trump's term today at the United Nations.

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Speaker 4: Predictions made by the United Nations and many others, often

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Speaker 4: for bad reasons, were all. They were made by stupid

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Speaker 4: people that of course their country's fortunes and given those

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Speaker 4: same countries no chance for success. If you don't get

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Speaker 4: away from this green scam, your country is going to

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Speaker 4: fail and I'm really good at predicting things.

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Speaker 5: You know.

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Speaker 4: They actually said during the campaign they had a hat,

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Speaker 4: the best selling hat. Trump was right about everything. And

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Speaker 4: I don't say that in a braggadocious way, but it's true.

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Speaker 2: Then, having done that and a lot else, you sat

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Speaker 2: down with gatirists.

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Speaker 6: And your people have treated us with great respect. Our

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Speaker 6: country is behind the United Nations one hundred percent. I

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Speaker 6: think the potential of the United Nations is incredible.

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Speaker 2: See Schizophrenic Antonio. I loved it.

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Speaker 7: I want to reassure you that the United Nations, from

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Speaker 7: me to our teams, from the ground to our missions,

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Speaker 7: we are entirely at your disposal to be able to

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Speaker 7: work together for a just pieces worlds.

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Speaker 2: On the subject of speak to is, the Libdim's and

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Speaker 2: Britain are having their conference looking for headlines.

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Speaker 8: Imagine living in the Trump inspired country. Farage wants us

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Speaker 8: to become where there's no NHS, so patients are hit

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Speaker 8: with crippling insurance bills or denied healthcare altogether.

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Speaker 2: Nigel was watching.

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Speaker 1: Frage responded on x saying, just watching poor ed daily speak.

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Speaker 9: He is obsessed with me.

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Speaker 2: I'm happy to pay for a psychiatrist. Finally, Kindy Trubbs

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Speaker 2: and Queensland Craigsley Community Kindergarten was put into voluntary administration

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Speaker 2: subsequently closed a fifty two thousand dollars to the teacher.

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Speaker 2: So they decided to write to the parents asking what

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Speaker 2: they thought about them paying twenty two hundred dollars each

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Speaker 2: to get their kids art back. One parent was a

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Speaker 2: bit annoyed about that and he walked into the classroom

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Speaker 2: to take his kid to arnt back and that led

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Speaker 2: to him being reported to the police for stealing. And

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Speaker 2: the police are allegedly investigating that. The Premier, believe it

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Speaker 2: or not, got involved. There's not a lot going on

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Speaker 2: in Queensland. Clearly he calls it on Australia. That is

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Speaker 2: news of the world. In ninety Supreme Court news a

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Speaker 2: couple of quickies. The Supreme Court has allowed Trump to

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Speaker 2: remove Rebecca Slaughter. She's the woman he sacked at the

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Speaker 2: Federal Trade Commission. Six y three was the vote. Kagan,

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Speaker 2: Satamayor and Brown Jackson dissented as you would imagine the

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Speaker 2: other one though he lost. Federal judge. He wants to

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Speaker 2: ban all wind construction wind project construction, but a federal

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Speaker 2: judge is allowed. Awsted the Ousted is the company, the

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Speaker 2: Revolution Wind is the project in New England. They can

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Speaker 2: continue construction of their particular project while this is battle

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Speaker 2: about in court. So one win, one loss. Twelve past six.

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Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio vowed

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Speaker 1: by News Talks.

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Speaker 2: Evy speaking of wins and losses. Although Kevin is back tonight,

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Speaker 2: American Time Next Star, which is one of the biggest

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Speaker 2: operators of affiliated television channels, is not taking him. So

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Speaker 2: next to our owns roughly thirty stations affiliated to ABC,

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Speaker 2: and Sinclair owns forty of them, so that's seventy stations.

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Speaker 2: So yes, he's back with Disney, but a whole bunch

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Speaker 2: of stations won't be taking him. Fifteen past six c Generate,

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Speaker 2: it's very Smith. Good morning to you, good boy from

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Speaker 2: White what's one hundred billion buy you? Hey, it's a

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Speaker 2: lot of money.

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Speaker 10: Yeah, bleasure bit in AI spots, but yeah, this obviously

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Speaker 10: this is the LATESTEAL is pretty huge, isn't it. So

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Speaker 10: and VIDI investing in chet GPT owner Open AI and scores.

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Speaker 10: The booming demand was seeing here for for our tools

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Speaker 10: and the computing power needed to run them. So we'll

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Speaker 10: talk ten giga. What's the power here, Just as a comparison,

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Speaker 10: that's the entire peak electricity demand of New York City.

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Speaker 10: So the video investing ten billion initially, they've got about

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Speaker 10: fifty five billion in the banks. They're pretty well equipped there.

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Speaker 10: They said, it's a giant project. It's actually gonna be

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Speaker 10: as much as five million of their high powered chips

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Speaker 10: sets about double the revenue in terms of the impact there.

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Speaker 10: So the actual impact the partship on the top line

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Speaker 10: is going to be great on the investment itself. So

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Speaker 10: it's gonna be tens of billions of dollars of videous products.

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Speaker 10: She has actually week overnight. But obviously they are the

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Speaker 10: world's most valuable company. They want to make sure they

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Speaker 10: stayed the aidaling. So there had been some suggestions that

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Speaker 10: open ale was closing up to Broadcom on their chips,

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Speaker 10: so that's watered that down a bit. And obviously also

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Speaker 10: lignes of in the video positioning itself as a champion

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Speaker 10: of technology infrastructure, and of course they recently invested five

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Speaker 10: billion in Intel and it has proved to be just

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Speaker 10: an order for open ai, know, the world's largest startup

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Speaker 10: for what it's worth, They said it's going to lead

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Speaker 10: to new AI breakthroughs. They see compute infrastructure is the

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Speaker 10: basis of the future economy. So some pretty big calls there.

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Speaker 10: But I suppose you have some questions here, Mike about

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Speaker 10: the sustainability of what we're seeing, and you're sat of

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Speaker 10: almost getting in the circle of AI tech names investing

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Speaker 10: in each other. And yeah's initial investment is actually more

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Speaker 10: than open AI's annual revenue. So some said it's a

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Speaker 10: little bit like the late ninety nineties. You and I'll

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Speaker 10: give you a bunch of cash and you can buy

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Speaker 10: my tech kit. So the numbers are just a lot bigger.

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Speaker 10: But is it a repeat you all have to see.

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Speaker 10: But yeah, some pretty big numbers.

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Speaker 2: Okay, p m I, UK US, I'm looking at the headline.

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Speaker 2: Both went backward.

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Speaker 10: Yeah, that's right. So Tariff's cited is the main cause

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Speaker 10: of sharply high costs in the US and also weakening

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Speaker 10: demand and also actually reducing the ability for firms to

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Speaker 10: raise prices. So largest rise in factory entry Leberl levels

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Speaker 10: in the history of the PMI survey in the US,

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Speaker 10: So that gives you a bit of a side of there.

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Speaker 10: And the UK tariffs also had an impact, but also

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Speaker 10: a bit of a loss of the men too. Here

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Speaker 10: this November budget, job losses arise, particularly in the manufacturing sector.

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Speaker 10: In prices they actually rose at the small straight since

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Speaker 10: the pandemic. Slightly bit of story in Europe, Mike, the

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Speaker 10: composite PMI came in at fifty one point two, sets

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Speaker 10: up slightly on August, that's the ninth month of expansion.

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Speaker 10: Wasn't all bontomps France's history activity declined for the thirteenth

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Speaker 10: consecutive months, so obviously discontinue the government there just down

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Speaker 10: Under in Australia that East as well. In terms of

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Speaker 10: the pm I have fifty two point one. It was

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Speaker 10: down sharply from fifty five point five. Tariffs again having

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Speaker 10: an impact. Business optimism last in a year, but price

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Speaker 10: plation job graph was steady. But let's have some good

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Speaker 10: news OCD that're saying everything is resilient. They expect global

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Speaker 10: growth of three point two percent. She is that's up

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Speaker 10: from two point nine what they forecast in June twenty

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Speaker 10: twenty six unchanged at two point nine percent, so it

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Speaker 10: is a bit of a slow down. They did our

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Speaker 10: caveat this Mike. The full impact of tariffs are yet

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Speaker 10: to be felt, so but yeah, certainly though they've lifted

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Speaker 10: those grave forecasts, so things are looking better for now.

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Speaker 10: But they also did for our flag a weakening jobs

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Speaker 10: market in the US, which sounds.

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Speaker 2: Familiar, Yes it does, which brings us to Rhode Island

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Speaker 2: and Jerome. Did he did he say anything profound?

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Speaker 10: Pretty much reiterated that that, yeah, there's a the dual mandate,

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Speaker 10: there's an increasing balance tilted towards a slowing jobs market,

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Speaker 10: and that's pretty much why they put through their first

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Speaker 10: rate cart in twenty twenty five. He didn't mention that

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Speaker 10: word stagflation, but markets didn't react too much, and he

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Speaker 10: just reassured that things weren't anything like that we were

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Speaker 10: in the seventies or the aighties, so well, have to

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Speaker 10: see there. But yeah, pressure rate cats continues to grow.

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Speaker 10: Just earlier in the day, Michelle Baiman, she's actually a

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Speaker 10: Trump and appoint on the feed, she said, they have

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Speaker 10: to move quicker and they're getting behind the curve. So

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Speaker 10: obviously we saw last week there's a bit of divergence

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Speaker 10: and modern officials are seeing so. But yr markets are

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Speaker 10: pricing in two more rate cuts this year.

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Speaker 2: Give me some numbers.

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Speaker 10: So the S and D five hundred is easeback from

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Speaker 10: record high sits down point seven percent, sixty six fifty

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Speaker 10: down soft inero point two percent forty six two six eight,

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Speaker 10: And there's that down point nine percent twenty two five

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Speaker 10: nine one forty one hundred flat nine two two three

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Speaker 10: nicky that was closed for a holiday in Japan a

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Speaker 10: six two hundred point four percent eight four five. Indeedex

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Speaker 10: fifty we're flat thirty one to three six. Gold having

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Speaker 10: a strong session thirty two bucks high three seven seven

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Speaker 10: nine and ounce oil up a dollar sixty three spot

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Speaker 10: twenty four currencies US downpoint two percent against the key,

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Speaker 10: we we are fifty eight point six the key. We

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Speaker 10: is weaker against the pound as well, down point two

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Speaker 10: percent forty three point three. We're weaker against the end

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Speaker 10: down point three percent eighty six point four, and against

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Speaker 10: the Australian dollar we're also down point two percent. Lucky

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Speaker 10: if you're Australian traveler coming over, it's eighty eight point eight.

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Speaker 2: A joke, okay, Greg go well, I appreciate it, GREGS,

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Speaker 2: I mean used the messenger. I shouldn't shod them. Greg Smith,

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Speaker 2: out of generate wealth and Kiwi Saber Specialists posking. That

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Speaker 2: thing that Taylor Swift's doing with her album when it

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Speaker 2: comes out, She's doing a theater The Life of a

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Speaker 2: show Girl. There's a theatrical release, so you go to

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Speaker 2: the movie theater to listen to the music and doing

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Speaker 2: it together as a group as a thing. I personally

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Speaker 2: can't think of anything worse. But it's going to be

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Speaker 2: in five hundred and forty AMC theaters around the around

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Speaker 2: America for the October three to five weekend. Anyway, she

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Speaker 2: sold twelve dollars a ticket. By the way, she sold

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Speaker 2: fifteen million dollars worth of tickets, so she's laughing. Six

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Speaker 2: twenty one, you're at news Talks EBO.

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

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Speaker 1: by News talksb The Trouble.

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Speaker 2: Just to expand on what Greg was saying about the

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Speaker 2: OEC Dummer is the s morning highest inflation rate. Britain's

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Speaker 2: in real three point five percent to inflation they say

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Speaker 2: this year are dropping off to two point seven next

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Speaker 2: year growth. See they've got inflation without the real growth

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Speaker 2: one point four dropping to one percent. So they're in

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Speaker 2: real I mean they are real issues, and lord knows

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Speaker 2: how reeves are going to handle it with a budget.

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Speaker 2: Australia growth for this year one point eight are next

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Speaker 2: year two point two, inflation two point five and two

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Speaker 2: point four. As far as the world is concerned, Now

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Speaker 2: that's good because we deal with the world and we

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Speaker 2: like the world doing okay. But the problem is we

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Speaker 2: become an outlier with the world because we're not doing

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Speaker 2: as well as the world. So three point two, they

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Speaker 2: say this year they did think two point nine, they're

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Speaker 2: now think three point two, so we'll take that. Next

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Speaker 2: year two point nine. The USA is also lifted, but

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Speaker 2: to not much one point eight from one point six.

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Speaker 2: So once upon a time they thought two point eight,

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Speaker 2: they're down to one point eight. And you know why.

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Speaker 2: That's all tariffs. Of course, then we come to this

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Speaker 2: boardroom herald thing, which is is it fascinating or childish?

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Speaker 2: I honestly can't work it out if you're going to

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Speaker 2: score people on numbers. So Stanford's your best ranking, perhaps

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Speaker 2: not surprisingly four point three eight out of five. Peter's,

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Speaker 2: Bishop McLay, Mitchell, Brown, Collins, Van Velden, Jones and Pink

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Speaker 2: are your top ten, which makes lux in a talking

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Speaker 2: point at fifteen, doesn't it six twenty.

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Speaker 1: Five trending now with him as well Spring Frenzy Sale

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Speaker 1: on Dow.

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Speaker 2: You're inside the politics and the un this mad day

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Speaker 2: we've seen so far. Macron's leaving the headquarters. He's stopped

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Speaker 2: by the police. He's got ten people with them. There's

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Speaker 2: a bunch with them, so they gotta wait. What are

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Speaker 2: they gotta wait? Well, Trump's motorcads due to come through

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Speaker 2: any moment now, so they close everything down. The cops

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Speaker 2: get to deliver the news.

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Speaker 11: No, I asked with.

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Speaker 3: Hey, good to French and I'm sorry, I'm President, I'm looming. Sorry,

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Speaker 3: it's just that everything's untils a red owl.

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Speaker 2: There's a border kicks on the lead.

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Speaker 12: That's what you shouldn't see that.

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Speaker 4: Let me.

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Speaker 3: Never ship with you.

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Speaker 2: Let me boss anyway. So at that point Macron gets

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Speaker 2: on his phone. Guess who he rings? Touch on?

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Speaker 12: How are you guess what I'm waiting? Just think because

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Speaker 12: every fingers pulled them for you.

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Speaker 2: It was Donald, of course, made no difference. He had

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Speaker 2: to keep waiting till Donald rived pass and then they

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Speaker 2: they only opened up the roads to pedestrians, so he

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Speaker 2: had to walk the rest of the way. Yeah, Luxon

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Speaker 2: at fifteen is a talking point obviously, and Willis isn't

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Speaker 2: particularly good either at thirteen. So they're underperforming. So, just

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Speaker 2: to surmise or summarize the mood of the boardroom, we're

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Speaker 2: in trouble. We're heading towards second world status. I get

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Speaker 2: the sense that, and this is a very comprehensive document.

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Speaker 2: I get the sense that what we've said on this

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Speaker 2: program for the last year at least is probably right.

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Speaker 2: We've missed a trick. They should have gone harder, They

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Speaker 2: could have gone harder. Yes, they're doing a bunch of stuff,

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Speaker 2: but it's not paying off and business is now really

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Speaker 2: starting to worry. So the Finance Minister is with us.

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Speaker 2: After seven thirty this morning, we'll talk to one of

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Speaker 2: the people who contribute for this right after the news,

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Speaker 2: which is.

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Speaker 1: Next the news and the news makers the Mic Hosking

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Speaker 1: breakfast with Rainthrover leading by example, news togs dead be.

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Speaker 2: Mike, you're having the implode. Who explain why it's going

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Speaker 2: to take two years to implement the holidays to pay

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Speaker 2: changes him? Yes, I do more. Shortly meantime to the

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Speaker 2: mood of the boardroom at twenty three to seven, what

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Speaker 2: have we got the views of one hundred and fifty

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Speaker 2: of the country's leading business executives. The consensus New Zealand's

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Speaker 2: at an inflection point, desperately needing clearer leadership and direction.

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Speaker 2: We've got growing for you as our complacency potentially pushing

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Speaker 2: us towards second World status now. Neil Pavia Smith is

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Speaker 2: the managing director of for Soath. Barron is with us.

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Speaker 9: Good morning Bonding, Mike.

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Speaker 2: Do you generally agree with the consensus of your fellow

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Speaker 2: business leaders?

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Speaker 9: Yes, I do. I mean there's no sugarcoating things at

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Speaker 9: the moment. Yeah, it's pretty hard messages and here for

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Speaker 9: the government to take. But I think it does reflect

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Speaker 9: every tough times in the economy. It reflects a tough

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Speaker 9: times in real New Zealand, and there's concerns being expressed

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Speaker 9: about the need to tackle the really hard issues, the

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Speaker 9: structural deficit that we have and some of the longer

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Speaker 9: term issues that are being raised through the comments.

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Speaker 2: They would come back and say we're doing everything we can.

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Speaker 2: Every lib's being pulled, Is that true?

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Speaker 9: I think the government's working very hard. There's a lot

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Speaker 9: of energy. I think outside of economic matters, you'd certainly

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Speaker 9: give them a strong tick, and I expect them to

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Speaker 9: do well across areas like education, crime and so forth,

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Speaker 9: foreign trade and foreign relations and what have you. But

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Speaker 9: when it comes to economic matters, I think there is

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Speaker 9: concern that there we're lacking sort of the long term

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Speaker 9: focus areas like infrastructure, some of the long term savings,

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Speaker 9: other matters, and Crown's fiscal position which really acts as

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Speaker 9: a ball and chain around the economy. So you know,

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Speaker 9: those are big concerns and I think there is a

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Speaker 9: need for the government to be much clearer around what

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Speaker 9: planet is in those areas.

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Speaker 2: Having looked at the choices, which is a center left

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Speaker 2: center right government. Have you critical of center right? The

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Speaker 2: center left comes out even worse. So I mean, are

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Speaker 2: we in a parlor state in that sense?

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Speaker 9: Yeah, I think were. There are concerns about the whether

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Speaker 9: the Labor Party is ready to form government, and there

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Speaker 9: are certainly real concerns about the two coalition parts parties

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Speaker 9: they would form with the Grent and around economic method

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Speaker 9: it's no doubt, so you know that that's a concern

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Speaker 9: that I think it gives an opportunity for the government

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Speaker 9: to deten some of the key issues, but it also

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Speaker 9: potentially takes the pressure off around some of the core

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Speaker 9: methods as well.

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Speaker 2: Have they missed a trick? One of the criticisms of

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Speaker 2: this government is they could have gone harders sooner and

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Speaker 2: we might not be sitting here in the latter part

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Speaker 2: of twenty five and stare we're in. Is that fair

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Speaker 2: or not?

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Speaker 9: I think it's difficult to argue two years in that

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Speaker 9: inherited a real mess and not to be sort of

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Speaker 9: going much harder and to continue to blame the previous

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Speaker 9: when you take a softer approach than could have been done.

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Speaker 9: So yeah, I do agree with that, and I think

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Speaker 9: that's been reflected through a lot of comments that, you know,

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Speaker 9: while things are probably picking up right now and we

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Speaker 9: see lots of evidence of that, you know, some of

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Speaker 9: the core structural concerns, the long term issues that the

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Speaker 9: Zealand faces haven't been seized through this opportunity that've been given.

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Speaker 2: Is lux and a problem. I don't know how much

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Speaker 2: weight you place on these scores of cabinet ministers, but

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Speaker 2: he's not right up there. Is that on him and

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Speaker 2: him specifically or not?

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Speaker 9: I think that there is a concern about both his

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Speaker 9: leadership around some of these longer term issues and also financially,

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Speaker 9: and that's been noted through the survey. So this is

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Speaker 9: not a catastrophic outcome, but there's certainly a very strong

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Speaker 9: message in here that you know, while business is innovating

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Speaker 9: and addressing costs and focusing on issues of concern adapting

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Speaker 9: to the sort of geopolitical environment we're in, there's little

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Speaker 9: structural reform addressing those deeper issues around the economy and

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Speaker 9: the longer term matters as well. So there's no doubt

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Speaker 9: that quarter three will probably see an increase in the

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Speaker 9: economy at pack up that will be agri led straits

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Speaker 9: coming down and so forth. It should lead into a

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Speaker 9: more confidence around the housing sector, more business confidence and

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Speaker 9: so on and gradually seeing an increase in the economy

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Speaker 9: improvement and right track long track type polls and an

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Speaker 9: election outcome.

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Speaker 5: So there are.

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Speaker 9: Reasons to be optimistic, but hoping it is not a strategy,

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Speaker 9: and the business community looking for stronger leadership from the

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Speaker 9: Prime Minister and Finance Minister around some of those core

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Speaker 9: long term issues in the structural gifts of the New Zealand.

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Speaker 2: Well, so appreciated very much. Neil Pavius Smith, who's the

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Speaker 2: Forsyth Barb Managing Director. Part of The Herald's mood of

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Speaker 2: the boardroom, the smalling Nickela Willison in an hour's time,

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Speaker 2: Richard's Next eighteen too.

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

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Speaker 2: Asking yeah, question about the holiday sick page changes and

427
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Speaker 2: taking so long. Basically, she's Erica Stamfords with us after

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Speaker 2: seven o'clock. But basically it's tech and that's why the

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Speaker 2: teachers are taking years, because it's so damn complex and

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Speaker 2: because our tech is so damn old it takes ages. Mike,

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Speaker 2: are the government struggling to make an impact on the

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Speaker 2: economy because of how bad things were in the economy?

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Speaker 2: They inherited Peter very good question answer shortly fourteen.

434
00:21:56,640 --> 00:22:01,080
Speaker 1: To seven International correspondence with ends and insurance peace of

435
00:22:01,119 --> 00:22:04,880
Speaker 1: mind for New Zealand business tied Richard Morning.

436
00:22:05,080 --> 00:22:06,639
Speaker 2: So a lot of headlines around the UN and trouble

437
00:22:06,680 --> 00:22:08,560
Speaker 2: with the server thing. What happened there.

438
00:22:09,560 --> 00:22:11,879
Speaker 13: We don't have all the answers as yet, but along

439
00:22:11,880 --> 00:22:13,640
Speaker 13: with the gathering of the world leaders for the start

440
00:22:13,640 --> 00:22:16,160
Speaker 13: of the new UN session, they've discovered this spy cell.

441
00:22:16,240 --> 00:22:18,960
Speaker 13: It seems they just stumbles onto this thing, but the

442
00:22:19,040 --> 00:22:21,520
Speaker 13: scale of it is it is pretty numbing. The Secret

443
00:22:21,600 --> 00:22:24,720
Speaker 13: Service found a cash of electronic devices unlike anything they've

444
00:22:24,720 --> 00:22:28,040
Speaker 13: ever seen before. At one site, they discovered three hundred

445
00:22:28,080 --> 00:22:31,360
Speaker 13: servers and more than one hundred thousand SIM cards, all

446
00:22:31,400 --> 00:22:33,480
Speaker 13: set up in a way where there could be apparently

447
00:22:33,520 --> 00:22:38,000
Speaker 13: thirty million text messages sent per minute. Matt McCool and

448
00:22:38,040 --> 00:22:40,959
Speaker 13: that's his name, is the top agent at the Secret

449
00:22:41,000 --> 00:22:42,760
Speaker 13: Service New York Fueled office.

450
00:22:42,800 --> 00:22:46,480
Speaker 14: He says foreign governments and criminals located in the United

451
00:22:46,480 --> 00:22:50,320
Speaker 14: States are using this network to run their organizations.

452
00:22:50,359 --> 00:22:52,680
Speaker 13: Which governments, well, they're not saying, but it appears they've

453
00:22:52,680 --> 00:22:56,440
Speaker 13: identified tires to at least one foreign country and links

454
00:22:56,480 --> 00:22:59,520
Speaker 13: to some known criminals. So more information to come. While

455
00:22:59,560 --> 00:23:01,880
Speaker 13: at the UN headquarters, as he've been hearing. Trump has

456
00:23:01,920 --> 00:23:05,080
Speaker 13: been meeting with Ukraine Zelensky. He says he supports the

457
00:23:05,160 --> 00:23:07,879
Speaker 13: view that NATO should shoot down any foreign i e.

458
00:23:08,040 --> 00:23:11,359
Speaker 13: Russian aircraft that violate their airspace. His speech at the

459
00:23:11,400 --> 00:23:14,720
Speaker 13: General Assembly saw Trump taking verbal shots at the UN

460
00:23:14,760 --> 00:23:18,520
Speaker 13: over climate change and immigration policies as well. We're facing,

461
00:23:18,560 --> 00:23:20,919
Speaker 13: he says, the death of Western Europe. With all of

462
00:23:20,920 --> 00:23:23,639
Speaker 13: this age to London's Mayor City Kahn, who was singled

463
00:23:23,640 --> 00:23:27,040
Speaker 13: out by Trump, caused the comments great, appalling and bigoted. Meantime,

464
00:23:27,200 --> 00:23:31,240
Speaker 13: Trump also is facing pushback over his backing for RFK

465
00:23:31,480 --> 00:23:35,200
Speaker 13: juniors claim that autism is partly linked to pregnant women

466
00:23:35,280 --> 00:23:38,680
Speaker 13: taking a sedamnifin sold as tailan old here and panadol

467
00:23:38,720 --> 00:23:39,400
Speaker 13: in New Zealand.

468
00:23:39,800 --> 00:23:43,199
Speaker 4: Says Trump, the FDA will be notifying physicians at the

469
00:23:43,320 --> 00:23:47,600
Speaker 4: use of said, well, let's see how we say that.

470
00:23:48,720 --> 00:23:54,760
Speaker 4: I said a menifin, a ceda menafin said okay.

471
00:23:54,520 --> 00:23:57,040
Speaker 13: Yeah, that's convincing. The bark of scientific research has not

472
00:23:57,119 --> 00:23:58,280
Speaker 13: proven such a link.

473
00:23:59,359 --> 00:24:01,119
Speaker 2: And then we come, who were kim Oloo's back but

474
00:24:01,240 --> 00:24:03,360
Speaker 2: well st back, Well.

475
00:24:03,160 --> 00:24:04,760
Speaker 13: We can expect a lot of people will be tuning

476
00:24:04,800 --> 00:24:06,879
Speaker 13: in if they have the chance to for the return

477
00:24:06,960 --> 00:24:09,879
Speaker 13: of the late night comedy host. He goes back on

478
00:24:09,920 --> 00:24:12,119
Speaker 13: air tonight after his suspension in the aftermath of the

479
00:24:12,240 --> 00:24:15,480
Speaker 13: Charlie Kirk killing. Not all will get that opportunity. The

480
00:24:15,560 --> 00:24:19,400
Speaker 13: next broadcast group announced today they're joining the Sinclair Group

481
00:24:19,440 --> 00:24:22,080
Speaker 13: and continuing to black out Kimmel. So that's what sixty

482
00:24:22,119 --> 00:24:26,240
Speaker 13: six stations still banning him. Kimmel has invited California's governorent

483
00:24:26,320 --> 00:24:28,439
Speaker 13: use him as his first guest tonight, so it seems

484
00:24:28,720 --> 00:24:33,159
Speaker 13: no back down there. Well, Kim's talk show hosts mates

485
00:24:33,240 --> 00:24:36,360
Speaker 13: Colbert and Stewart had these thoughts about their friends come

486
00:24:36,400 --> 00:24:37,240
Speaker 13: back once more.

487
00:24:37,400 --> 00:24:41,720
Speaker 15: I am the only martyr and late nights great.

488
00:24:42,400 --> 00:24:45,680
Speaker 2: Unless CBS you want to announce anything.

489
00:24:48,200 --> 00:24:52,320
Speaker 15: That campaign that you all launched pretending that you were

490
00:24:52,320 --> 00:24:58,640
Speaker 15: going to cancel, Hulu will secretly racing through four seasons

491
00:24:58,640 --> 00:24:59,800
Speaker 15: of only murders in the bell.

492
00:25:01,320 --> 00:25:02,720
Speaker 3: I really was congratulation.

493
00:25:02,920 --> 00:25:06,240
Speaker 13: Yeah. American ABC, though, say they had thoughtful discoursions quote

494
00:25:06,280 --> 00:25:08,439
Speaker 13: unquote on all of his as the network saw its

495
00:25:08,520 --> 00:25:12,040
Speaker 13: valuation dipped by four Billionat.

496
00:25:11,960 --> 00:25:13,320
Speaker 2: Go mate, We'll see you in a couple of days.

497
00:25:13,320 --> 00:25:16,159
Speaker 2: Appreciate it very much. By the way, there's another congressional

498
00:25:16,160 --> 00:25:18,439
Speaker 2: meeting coming up. We've got a September thirty, which, just

499
00:25:18,520 --> 00:25:20,960
Speaker 2: let me check my watch, it's about a week away.

500
00:25:20,960 --> 00:25:23,399
Speaker 2: Another closed down of the American economy, so Trump's going

501
00:25:23,440 --> 00:25:26,200
Speaker 2: to meet the Democrats. The other thing is Argentina watched

502
00:25:26,200 --> 00:25:28,920
Speaker 2: this because Bessince said the other day they're going to

503
00:25:28,960 --> 00:25:30,600
Speaker 2: need to do something with the pace. So they've already

504
00:25:30,600 --> 00:25:33,720
Speaker 2: bought the pace of the peso's tumbling, Malay's in real trouble.

505
00:25:34,119 --> 00:25:37,119
Speaker 2: Malayan Trump get on, Well, they've spent a billion dollars

506
00:25:37,240 --> 00:25:39,280
Speaker 2: supporting the currency. They're going to need to go in

507
00:25:39,440 --> 00:25:42,680
Speaker 2: probably for more of the paeso and some dollar denominated

508
00:25:42,720 --> 00:25:44,800
Speaker 2: government debts. So that's going to unfold in the next

509
00:25:44,840 --> 00:25:46,440
Speaker 2: week or so. Ten away from seven.

510
00:25:47,040 --> 00:25:50,560
Speaker 1: The Mike Cosking Breakfast with Bailey's real Estate News talks.

511
00:25:50,600 --> 00:25:52,919
Speaker 2: They'd be Mike for comparison. I wonder what ratings and

512
00:25:52,920 --> 00:25:55,399
Speaker 2: confidence businesses would have that there was still a labor government,

513
00:25:55,440 --> 00:25:58,040
Speaker 2: where one can only imagine. But Hipkins is rated by

514
00:25:58,080 --> 00:25:59,440
Speaker 2: the way, and he's rated a two, which is the

515
00:25:59,800 --> 00:26:01,399
Speaker 2: the the point I tried to make with nearly a

516
00:26:01,400 --> 00:26:03,479
Speaker 2: couple of moments ago. It's all very well looking at

517
00:26:03,480 --> 00:26:05,440
Speaker 2: some of these numbers and going. They're not doing very well,

518
00:26:05,480 --> 00:26:07,600
Speaker 2: are they? But I mean Hipkins is doing worse. The

519
00:26:07,880 --> 00:26:11,639
Speaker 2: headline around or the mood from the business community is

520
00:26:11,720 --> 00:26:15,080
Speaker 2: Hipkins is running an invisible campaign. Labour look like they're invisible,

521
00:26:15,280 --> 00:26:19,000
Speaker 2: which to defend him, I would be too, because you

522
00:26:19,040 --> 00:26:20,600
Speaker 2: don't want to put your policy out the year before

523
00:26:20,600 --> 00:26:22,760
Speaker 2: an election, so you hold your policy and your big

524
00:26:22,800 --> 00:26:27,560
Speaker 2: guns until election year, once people are engaged into it. Mike,

525
00:26:27,600 --> 00:26:29,359
Speaker 2: are the government struggling to make an impact on the

526
00:26:29,400 --> 00:26:31,440
Speaker 2: economy because of how bad things are? This is why

527
00:26:31,480 --> 00:26:33,919
Speaker 2: we're at an inflection point, and this is why the

528
00:26:34,040 --> 00:26:36,440
Speaker 2: debate is so interesting and the time is so important.

529
00:26:37,160 --> 00:26:40,080
Speaker 2: And the answer is yes and no. Yes, they inherited

530
00:26:40,119 --> 00:26:43,679
Speaker 2: something even worse than most of us have imagined. The

531
00:26:43,760 --> 00:26:46,600
Speaker 2: damage done to the economy by the previous government was

532
00:26:46,920 --> 00:26:50,280
Speaker 2: uncharted territory. So yes, you can give them some grace

533
00:26:50,359 --> 00:26:53,240
Speaker 2: on that. But equally, and the report very clearly states it.

534
00:26:53,320 --> 00:26:56,679
Speaker 2: This morning, patients is growing thin. And we've said on

535
00:26:56,720 --> 00:26:58,680
Speaker 2: this program many many times they should have gone harder,

536
00:26:58,720 --> 00:27:01,080
Speaker 2: could have gone harder, And I wonder if there's not

537
00:27:01,160 --> 00:27:03,919
Speaker 2: some creeping regret there. Micros se Luxe's dropped again in

538
00:27:03,920 --> 00:27:06,600
Speaker 2: the polls. Was not a bit he hasn't dropped. It

539
00:27:06,720 --> 00:27:08,560
Speaker 2: is what it is. It's not just Luxon though the

540
00:27:08,640 --> 00:27:10,840
Speaker 2: national component of the coalition is too soft. Well you

541
00:27:10,920 --> 00:27:14,280
Speaker 2: say that, but in the top ten best performing ministers,

542
00:27:15,119 --> 00:27:19,200
Speaker 2: seven of them are national Stanford, Bishop McClay, Mitchell, Brown,

543
00:27:19,400 --> 00:27:24,680
Speaker 2: Collins and Pink. Outside the National Party, Peter's at number two,

544
00:27:24,800 --> 00:27:28,240
Speaker 2: Brookvin Velden's there, Shane Jones is there as well. So

545
00:27:28,400 --> 00:27:31,199
Speaker 2: is that proportionate or a national actually perceived by the

546
00:27:31,240 --> 00:27:34,480
Speaker 2: business community to be doing a reasonably good job. Five

547
00:27:34,520 --> 00:27:35,200
Speaker 2: to seven.

548
00:27:35,880 --> 00:27:37,400
Speaker 3: Holy in are the outs.

549
00:27:37,720 --> 00:27:41,840
Speaker 1: It's the fizz with business timer take your business productivity

550
00:27:41,920 --> 00:27:42,879
Speaker 1: to the next level.

551
00:27:42,920 --> 00:27:45,879
Speaker 2: Who doesn't love thinking about what other people learn a

552
00:27:46,040 --> 00:27:48,280
Speaker 2: This is the SEAK advertised salaries numbers for you this morning.

553
00:27:48,280 --> 00:27:50,880
Speaker 2: They're up zero point five percent for the quarter. That's

554
00:27:50,880 --> 00:27:53,159
Speaker 2: for the quarter, which is roughly in line with a

555
00:27:53,200 --> 00:27:56,000
Speaker 2: quarterly growth in twenty nineteen. Annually advatised salaries are up

556
00:27:56,040 --> 00:27:58,000
Speaker 2: a two percent, so that's two percent of yees, so

557
00:27:58,000 --> 00:28:00,480
Speaker 2: we're not keeping up with inflation. So that's not good.

558
00:28:00,800 --> 00:28:02,960
Speaker 2: Down three point one since twenty twenty three, so it's

559
00:28:02,960 --> 00:28:05,680
Speaker 2: even worse. You want growth, where do you go? Canterbury's

560
00:28:05,680 --> 00:28:08,159
Speaker 2: where you go Canterbury one percent for the quarter of

561
00:28:08,160 --> 00:28:09,520
Speaker 2: two point nine for the years. So there is where

562
00:28:09,560 --> 00:28:12,200
Speaker 2: the money is. Auckland's up zero point three, Wellington zero

563
00:28:12,240 --> 00:28:14,800
Speaker 2: point five, rest of the North Island zero point six.

564
00:28:15,320 --> 00:28:17,040
Speaker 2: Outside of christ To it's south I a little bit

565
00:28:17,080 --> 00:28:21,399
Speaker 2: slugger zero point three. Most industries have seen average advertised

566
00:28:21,440 --> 00:28:25,120
Speaker 2: salary growth. Only a third, though, are growing faster than inflation,

567
00:28:25,200 --> 00:28:27,199
Speaker 2: so two thirds are going backwards. And that is the

568
00:28:27,240 --> 00:28:31,080
Speaker 2: great conundrum. Year on year. The industry with the most growth,

569
00:28:31,119 --> 00:28:33,920
Speaker 2: of course mining resources and energy, because who wants to

570
00:28:33,960 --> 00:28:35,439
Speaker 2: dig a hole in the ground. But those who do

571
00:28:35,520 --> 00:28:37,919
Speaker 2: get paid well nine point four percent, so that's real money.

572
00:28:38,240 --> 00:28:40,760
Speaker 2: Real Estate's up seven point six percent. I don't understand

573
00:28:40,800 --> 00:28:43,120
Speaker 2: real estate because most people in real estate get paid

574
00:28:43,640 --> 00:28:46,520
Speaker 2: on commission. You've got to sell to earn more. So

575
00:28:47,280 --> 00:28:49,240
Speaker 2: is that an ad I mean? Is it people that

576
00:28:49,640 --> 00:28:51,600
Speaker 2: in real estate? When you say an advertised salary? Is

577
00:28:51,640 --> 00:28:53,400
Speaker 2: it people in real estate who are on the salaries

578
00:28:53,400 --> 00:28:55,600
Speaker 2: as opposed to the commissions. Science and tech is up

579
00:28:55,600 --> 00:28:58,840
Speaker 2: seven point six percent, legals up four point one. It's

580
00:28:58,920 --> 00:29:03,160
Speaker 2: all those six minute slots healthcare and medical. So I

581
00:29:03,200 --> 00:29:04,680
Speaker 2: sound like a person who's paid a lot of six

582
00:29:04,680 --> 00:29:08,360
Speaker 2: minutes slots, don't I? And I have healthcare of medical

583
00:29:08,440 --> 00:29:11,920
Speaker 2: up three point four four industries going backwards, advertising and media.

584
00:29:11,960 --> 00:29:14,720
Speaker 2: That's where my wages went this way down zero point two,

585
00:29:15,240 --> 00:29:18,840
Speaker 2: Consulting down zero point seven, government down zero point seven,

586
00:29:18,880 --> 00:29:22,400
Speaker 2: Design and architecture down one point four. Mind you, having

587
00:29:22,440 --> 00:29:24,680
Speaker 2: watched old Phil Spencer and this television program of the

588
00:29:24,720 --> 00:29:27,400
Speaker 2: New Zealand's There's Home, the people like Bosley and Co

589
00:29:27,520 --> 00:29:30,160
Speaker 2: who do those houses, you can't pay them enough money.

590
00:29:30,200 --> 00:29:32,160
Speaker 2: I mean, if you ever want to see sheer genius

591
00:29:32,200 --> 00:29:34,600
Speaker 2: on display, have a look at that television program. It's

592
00:29:34,600 --> 00:29:39,200
Speaker 2: so uplifting, right, Holiday business done yesterday? Was just me?

593
00:29:39,320 --> 00:29:42,160
Speaker 2: Or were you surprised to that your crew leave when

594
00:29:42,200 --> 00:29:45,479
Speaker 2: you're on acc How mad is that rule? Anyway, they

595
00:29:45,520 --> 00:29:47,080
Speaker 2: got rid of that yesterday. I thank the good Lord.

596
00:29:47,120 --> 00:29:50,800
Speaker 2: So the leave stuff, the immigration stuff, and the mood

597
00:29:50,840 --> 00:29:53,080
Speaker 2: of the boardroom, or to come this morning from the

598
00:29:53,120 --> 00:29:54,040
Speaker 2: my Cosking directs.

599
00:29:55,160 --> 00:29:58,200
Speaker 1: The only report you need to start your day the

600
00:29:58,480 --> 00:30:02,360
Speaker 1: my costume breakfast. If Bailey's real Estate covering all your

601
00:30:02,400 --> 00:30:04,280
Speaker 1: real estate needs, use togs dead be.

602
00:30:04,400 --> 00:30:06,880
Speaker 2: Welling seven past seven, so the Holidays Act will be changed.

603
00:30:06,880 --> 00:30:09,000
Speaker 2: It will be simpler to implement. Apparently pro right are

604
00:30:09,000 --> 00:30:11,480
Speaker 2: sick leave driven by ours not work days, and ours

605
00:30:11,520 --> 00:30:13,360
Speaker 2: based a cruel for an you will leave and if

606
00:30:13,360 --> 00:30:15,640
Speaker 2: you're on ACC you don't get annually building up anymore.

607
00:30:15,680 --> 00:30:19,560
Speaker 2: Bred Jacobs is the coffee club CEO, franchise association share

608
00:30:19,560 --> 00:30:20,760
Speaker 2: and as with us bread morning to.

609
00:30:20,720 --> 00:30:23,080
Speaker 3: You money, Mike, you like what you heard?

610
00:30:24,120 --> 00:30:25,520
Speaker 16: Yeah, yeah, we do, Yes, we do.

611
00:30:26,240 --> 00:30:26,440
Speaker 5: Look.

612
00:30:26,720 --> 00:30:28,800
Speaker 16: I think everyone has probably said it in the last

613
00:30:28,840 --> 00:30:31,440
Speaker 16: twenty four hours, but this has been a problem for

614
00:30:31,920 --> 00:30:33,440
Speaker 16: as long as I've ever been in business in New

615
00:30:33,520 --> 00:30:36,160
Speaker 16: Zealand twenty odd years. It can't come soon enough.

616
00:30:36,440 --> 00:30:38,360
Speaker 2: And does it look like it fixes it?

617
00:30:40,320 --> 00:30:44,640
Speaker 16: I think at first glance, yes, everything I've read I like.

618
00:30:45,320 --> 00:30:49,040
Speaker 16: I do have one concern. I noticed that the official

619
00:30:49,600 --> 00:30:52,800
Speaker 16: Beehive press release didn't talk about the calculation of ordinary

620
00:30:53,160 --> 00:30:55,040
Speaker 16: working days. And this is around, you know, sort of

621
00:30:55,080 --> 00:30:59,000
Speaker 16: public holidays and an alternative day and lou and none

622
00:30:59,040 --> 00:31:01,520
Speaker 16: of the media cover yesterday seemed to cover it. I

623
00:31:01,560 --> 00:31:05,320
Speaker 16: went digging last night and I eventually found two sentences

624
00:31:05,320 --> 00:31:08,880
Speaker 16: in an eleven page document from MB and I still

625
00:31:08,920 --> 00:31:12,800
Speaker 16: found it very very a lot of gray area. So

626
00:31:13,640 --> 00:31:16,000
Speaker 16: I'm really hoping that one doesn't get missed because that's

627
00:31:16,320 --> 00:31:19,680
Speaker 16: a significant problem in our business, with lots of cafes

628
00:31:19,720 --> 00:31:23,160
Speaker 16: trading on public holidays and that what is a normal

629
00:31:23,200 --> 00:31:25,520
Speaker 16: working day. It's very hard to calculate.

630
00:31:25,680 --> 00:31:28,640
Speaker 2: We'll follow it up and get an answer. The fact

631
00:31:28,640 --> 00:31:30,760
Speaker 2: that hasn't been done before. When you talk about twenty years,

632
00:31:30,760 --> 00:31:31,640
Speaker 2: why has no one done it?

633
00:31:32,480 --> 00:31:35,840
Speaker 16: Good question, A good question, as I say, as long

634
00:31:35,880 --> 00:31:37,600
Speaker 16: as I've ever been in business in New Zealand, it's

635
00:31:37,640 --> 00:31:40,480
Speaker 16: been talked about as a problem, and it concerns me

636
00:31:40,520 --> 00:31:43,640
Speaker 16: that it's still three years away. I hear people referring

637
00:31:43,680 --> 00:31:46,560
Speaker 16: in the last day or so to twenty four months,

638
00:31:46,560 --> 00:31:49,520
Speaker 16: two years. The reality is this bill doesn't even pass

639
00:31:49,600 --> 00:31:53,120
Speaker 16: until sometime next year, and then another twenty four months

640
00:31:53,160 --> 00:31:54,760
Speaker 16: from there. So we're looking at the best part of

641
00:31:54,800 --> 00:31:57,120
Speaker 16: three years really before we actually.

642
00:31:56,840 --> 00:31:59,400
Speaker 2: Exactly and even longer for teachers. Is it the tech?

643
00:31:59,440 --> 00:32:02,640
Speaker 2: Things explaining the tech were just so antiquated and old

644
00:32:02,640 --> 00:32:04,760
Speaker 2: that whatever adjustments just take.

645
00:32:04,760 --> 00:32:07,800
Speaker 16: For River I heard you say that before, and I

646
00:32:07,840 --> 00:32:10,000
Speaker 16: probably can't quite agree on that. I just don't believe

647
00:32:10,000 --> 00:32:14,080
Speaker 16: that the resources of the massive payroll providers out there

648
00:32:14,280 --> 00:32:17,160
Speaker 16: couldn't build these systems much faster if if they really

649
00:32:17,240 --> 00:32:20,600
Speaker 16: wanted to. Perhaps the government systems can't, and maybe they're

650
00:32:20,600 --> 00:32:23,760
Speaker 16: the handbrake, but I would have thought the private businesses,

651
00:32:23,800 --> 00:32:25,760
Speaker 16: you know, the zeros and the smartlies and those kind

652
00:32:25,760 --> 00:32:28,440
Speaker 16: of people, they could build this quicker if they needed

653
00:32:28,480 --> 00:32:29,200
Speaker 16: to and wanted to.

654
00:32:29,520 --> 00:32:32,200
Speaker 2: Good insight Bread appreciated very much. Brad Jacob's Coffee Club

655
00:32:32,240 --> 00:32:35,040
Speaker 2: CEO Franchise Association, New Zealand Chair. By the way, a

656
00:32:35,040 --> 00:32:37,760
Speaker 2: milk production you record for August up two point five

657
00:32:37,760 --> 00:32:40,080
Speaker 2: percent year on year, one hundred and twenty seven million

658
00:32:40,120 --> 00:32:42,160
Speaker 2: kilos of milk solds four point two percent ahead of

659
00:32:42,240 --> 00:32:44,280
Speaker 2: last year, this seems. And the break even point, by

660
00:32:44,280 --> 00:32:47,120
Speaker 2: the way, from during New Zealand yesterday it's gone up

661
00:32:47,120 --> 00:32:49,760
Speaker 2: to eight sixty six from eight forty five. But the

662
00:32:49,800 --> 00:32:53,600
Speaker 2: payouts at ten so farming keeps on keeping on right.

663
00:32:53,680 --> 00:32:55,520
Speaker 2: The mood of the boardroom shortly ten past.

664
00:32:57,520 --> 00:33:01,960
Speaker 1: The like asking Breakfast full show podcast, Tom iHeartRadio, Howard

665
00:33:01,960 --> 00:33:03,000
Speaker 1: By News Talks.

666
00:33:02,720 --> 00:33:05,440
Speaker 2: At be now thirteen past seven. So let's have a

667
00:33:05,440 --> 00:33:08,120
Speaker 2: look at the new pathways through residency. It's for skilled migrants,

668
00:33:08,120 --> 00:33:11,000
Speaker 2: as we told you, yesterday, Kicks and Midgem. Basically, it's

669
00:33:11,040 --> 00:33:13,280
Speaker 2: for people who are here and have work experience or

670
00:33:13,400 --> 00:33:16,040
Speaker 2: trades and tech background. New Zealand first play that agree

671
00:33:16,040 --> 00:33:18,320
Speaker 2: to disagree with cart of course. Erica Stanford is the

672
00:33:18,320 --> 00:33:21,200
Speaker 2: Immigration minister. Enders back with us morning. Good morning, the

673
00:33:21,320 --> 00:33:23,480
Speaker 2: announcements you made yesterday, so there's not a bunch of

674
00:33:23,480 --> 00:33:25,720
Speaker 2: stuff to cover, but the announcement you made specifically on

675
00:33:25,760 --> 00:33:29,320
Speaker 2: immigration yesterday. Is this driven by fear that people will

676
00:33:29,400 --> 00:33:30,160
Speaker 2: leave the country.

677
00:33:31,800 --> 00:33:35,000
Speaker 17: Look partly, but we've always had a really good, strong

678
00:33:35,080 --> 00:33:40,320
Speaker 17: residency program where people who are skilled and have the

679
00:33:40,720 --> 00:33:43,880
Speaker 17: knowledge and talent we need, we always have a residence

680
00:33:43,920 --> 00:33:47,080
Speaker 17: pathway for them, and we don't in this case because

681
00:33:47,080 --> 00:33:48,840
Speaker 17: of the settings of the previous government. And we've just

682
00:33:48,920 --> 00:33:49,320
Speaker 17: fixed that.

683
00:33:49,480 --> 00:33:51,160
Speaker 2: Okay, how many are we actually talking about it? We're

684
00:33:51,160 --> 00:33:54,480
Speaker 2: talking about thousands and tens of thousands, hundreds of thousands oil.

685
00:33:54,600 --> 00:33:57,440
Speaker 17: We're talking about relatively small amount. In the first year.

686
00:33:57,480 --> 00:33:59,440
Speaker 17: We will have it probably a spike because we've had

687
00:33:59,480 --> 00:34:02,120
Speaker 17: up settings not right for the last few years. So

688
00:34:02,600 --> 00:34:04,800
Speaker 17: we think between about three and a half and seven

689
00:34:04,800 --> 00:34:06,800
Speaker 17: and a half thousand, and then that will settle down

690
00:34:07,160 --> 00:34:09,400
Speaker 17: after a couple of years to about an average of

691
00:34:09,440 --> 00:34:11,959
Speaker 17: about four or five thousand, So we're not talking about

692
00:34:11,960 --> 00:34:15,080
Speaker 17: a huge amount of people, but extraordinarily valuable people to

693
00:34:15,120 --> 00:34:19,600
Speaker 17: our economy. You're talking about boat builders and refrigeration technicians

694
00:34:20,080 --> 00:34:23,600
Speaker 17: and your tradees and technicians, those sorts of people highly skilled.

695
00:34:23,800 --> 00:34:25,320
Speaker 2: Yeah, well, when you say that, I don't want to

696
00:34:25,360 --> 00:34:27,200
Speaker 2: sound like a snob, but the medium wage at one

697
00:34:27,239 --> 00:34:29,560
Speaker 2: point one, it's I mean, these are not rocket scientists,

698
00:34:29,640 --> 00:34:31,440
Speaker 2: are they. Yes, they're useful, Yes we want them. I

699
00:34:31,560 --> 00:34:34,120
Speaker 2: get that, But you're not dealing at the top end.

700
00:34:34,120 --> 00:34:36,160
Speaker 2: You're dealing with people who do the fundamentals that you

701
00:34:36,200 --> 00:34:38,759
Speaker 2: could argue in another time in another place we might find, oh,

702
00:34:38,840 --> 00:34:41,319
Speaker 2: I don't know, in New Zealand to do that well.

703
00:34:41,320 --> 00:34:43,399
Speaker 17: And that is exactly what we want, which is why

704
00:34:43,440 --> 00:34:47,040
Speaker 17: I'm transforming and reforming the education system with vocational pathways

705
00:34:47,080 --> 00:34:50,319
Speaker 17: so that young people can work their way towards these

706
00:34:50,320 --> 00:34:53,120
Speaker 17: positions as well. But at the moment, we don't have them,

707
00:34:53,160 --> 00:34:55,440
Speaker 17: and we don't have anyone to train up our young people.

708
00:34:55,520 --> 00:34:58,799
Speaker 17: So it is a short term intervention to make sure

709
00:34:58,800 --> 00:35:01,400
Speaker 17: we've got the people on ground running our businesses. We

710
00:35:01,400 --> 00:35:04,000
Speaker 17: can get export orders out the door, but also train

711
00:35:04,120 --> 00:35:07,160
Speaker 17: up New Zealand children. And also, by the way, Mike,

712
00:35:07,200 --> 00:35:10,279
Speaker 17: when you you know you need a refrigeration expert to

713
00:35:10,320 --> 00:35:12,960
Speaker 17: come and fix something at your house, they're available.

714
00:35:12,560 --> 00:35:15,319
Speaker 2: One hundred percent. I fully get it. But Peter says

715
00:35:15,320 --> 00:35:17,319
Speaker 2: when the thirty percent, I thought you answered him very

716
00:35:17,320 --> 00:35:19,160
Speaker 2: well yesterday, and I think he's playing to his base.

717
00:35:19,200 --> 00:35:20,759
Speaker 2: But be that as it may, he talks about the

718
00:35:20,800 --> 00:35:24,560
Speaker 2: thirty percent. I mean, we have seen a remarkable transformation

719
00:35:24,719 --> 00:35:26,919
Speaker 2: in the ethnic makeup of this country in the last

720
00:35:26,960 --> 00:35:29,160
Speaker 2: echo or so, haven't we.

721
00:35:29,280 --> 00:35:30,799
Speaker 17: Or you could argue that we have for a very

722
00:35:30,800 --> 00:35:31,360
Speaker 17: long time.

723
00:35:32,840 --> 00:35:33,560
Speaker 2: Is that good or not?

724
00:35:34,880 --> 00:35:35,120
Speaker 5: Well?

725
00:35:35,160 --> 00:35:38,840
Speaker 17: I'm interested in people who can help drive our economy,

726
00:35:38,840 --> 00:35:43,640
Speaker 17: who are amazing entrepreneurs and philanthropists or tradees and technicians

727
00:35:43,640 --> 00:35:45,919
Speaker 17: who we desperately need to upgrow our economy. We could

728
00:35:45,960 --> 00:35:48,640
Speaker 17: say no to all of that and continue down a

729
00:35:48,640 --> 00:35:50,400
Speaker 17: different path, but they don't think that's the path that

730
00:35:50,440 --> 00:35:53,040
Speaker 17: anyone wants. If we want a good, strong, productive economy

731
00:35:53,080 --> 00:35:53,760
Speaker 17: and high wages.

732
00:35:54,000 --> 00:35:56,880
Speaker 2: As regards your change as and immigration, is this it?

733
00:35:57,000 --> 00:35:58,239
Speaker 2: Have we done all we can do?

734
00:36:00,000 --> 00:36:02,759
Speaker 17: There's a number of things still to come. I you know,

735
00:36:02,880 --> 00:36:04,799
Speaker 17: may I like to get things done. A lot of

736
00:36:04,840 --> 00:36:06,719
Speaker 17: things done, but I get held up a bit in

737
00:36:06,760 --> 00:36:09,640
Speaker 17: immigration because of the it changes that are required for

738
00:36:09,760 --> 00:36:12,680
Speaker 17: every change we make, which is very frustrating and slow.

739
00:36:13,400 --> 00:36:15,440
Speaker 17: So there are some more things to come. We're working

740
00:36:15,520 --> 00:36:19,120
Speaker 17: on a startup visa. We've got a lot more work

741
00:36:19,160 --> 00:36:22,520
Speaker 17: to do in the r C space for those workers.

742
00:36:23,560 --> 00:36:25,640
Speaker 17: So and then there's a whole bunch of other stuff

743
00:36:25,640 --> 00:36:27,040
Speaker 17: which I haven't even got on to yet. I mean,

744
00:36:27,080 --> 00:36:31,320
Speaker 17: we've got domestic violence issues with people on those visas,

745
00:36:31,360 --> 00:36:34,000
Speaker 17: culturally arranged marriages that that visa isn't a mess. There's

746
00:36:34,000 --> 00:36:36,120
Speaker 17: there's a range of things I've yet to do, but

747
00:36:36,160 --> 00:36:37,520
Speaker 17: we're just working through the list.

748
00:36:37,600 --> 00:36:40,000
Speaker 2: Okay, when you talk startups, that's people coming to the country.

749
00:36:40,080 --> 00:36:41,799
Speaker 2: Is that not tired of the Golden visa sort of?

750
00:36:42,960 --> 00:36:46,200
Speaker 17: No, it's very it's very different. This is this think

751
00:36:46,280 --> 00:36:50,160
Speaker 17: I think amazing people, not just startups, but think you know,

752
00:36:50,400 --> 00:36:55,480
Speaker 17: amazing Olympic swimmers or Nobel Prize winners, you know, so

753
00:36:55,560 --> 00:36:58,319
Speaker 17: amazing people with incredible talents, people who want to come

754
00:36:58,320 --> 00:37:00,960
Speaker 17: here and make films or people who want to come

755
00:37:01,000 --> 00:37:05,160
Speaker 17: here and start a new venture. And we're just working

756
00:37:05,160 --> 00:37:07,799
Speaker 17: through the detail on how you work out who those

757
00:37:07,840 --> 00:37:09,719
Speaker 17: people are. It's just not an easy thing.

758
00:37:09,600 --> 00:37:11,400
Speaker 2: To do, okay, and the RC you are going to

759
00:37:11,440 --> 00:37:13,800
Speaker 2: be more lenient with them and allow them to stay longer,

760
00:37:13,840 --> 00:37:15,560
Speaker 2: earn more, send back all of those sort of things

761
00:37:15,560 --> 00:37:16,080
Speaker 2: that we need.

762
00:37:17,000 --> 00:37:19,840
Speaker 17: Look, there's a whole range of settings that the last

763
00:37:19,840 --> 00:37:25,800
Speaker 17: government had started doing a review on around whether or

764
00:37:25,840 --> 00:37:28,360
Speaker 17: not we have multiple entry visas for them rather than

765
00:37:28,360 --> 00:37:31,319
Speaker 17: having to come every single fill in a form every

766
00:37:31,320 --> 00:37:36,360
Speaker 17: single year. The way that they pay for their accommodation

767
00:37:36,680 --> 00:37:38,600
Speaker 17: and how much they pay and when they pay it

768
00:37:39,280 --> 00:37:41,880
Speaker 17: that there's a range of different things and can you

769
00:37:41,920 --> 00:37:45,960
Speaker 17: share staff between different companies and how easy that is.

770
00:37:45,960 --> 00:37:47,600
Speaker 17: There's a huge amount of things we have to get

771
00:37:47,640 --> 00:37:47,880
Speaker 17: onto that.

772
00:37:47,960 --> 00:37:50,560
Speaker 2: Okay, put your education head on just quickly. There is

773
00:37:50,600 --> 00:37:53,080
Speaker 2: a claim from Abercrombie the bloke that they're having their

774
00:37:53,080 --> 00:37:54,960
Speaker 2: annual meeting and you were going to give a keynote

775
00:37:54,960 --> 00:37:56,719
Speaker 2: and now you're not and they're blaming you. So where

776
00:37:56,719 --> 00:37:57,960
Speaker 2: do we stand on that? What happened?

777
00:37:59,440 --> 00:38:02,319
Speaker 17: I ended up, something came up and that the Prime

778
00:38:02,320 --> 00:38:06,120
Speaker 17: Minister's Office gave me a date for the announcement that

779
00:38:06,160 --> 00:38:08,200
Speaker 17: I had to make and that meant I had to

780
00:38:08,239 --> 00:38:09,880
Speaker 17: be an Auckland So that was the first thing. But

781
00:38:09,920 --> 00:38:13,280
Speaker 17: also I did get a letter from the Education Department

782
00:38:13,360 --> 00:38:15,640
Speaker 17: that said, Minister, we advise that now is not the

783
00:38:15,680 --> 00:38:18,719
Speaker 17: best time to do this because of the bargaining.

784
00:38:19,000 --> 00:38:20,440
Speaker 2: Well, you go down there and give it to them,

785
00:38:20,600 --> 00:38:22,960
Speaker 2: just both barrels, do it trump Trump, Then we'll just

786
00:38:23,000 --> 00:38:24,840
Speaker 2: get stuck into them and tell them to stop strike

787
00:38:24,880 --> 00:38:26,439
Speaker 2: and get on with work and get on with life

788
00:38:26,440 --> 00:38:28,600
Speaker 2: in this country needs help. Stick it right up.

789
00:38:28,680 --> 00:38:31,239
Speaker 17: Then, well, I do that, and I do that with

790
00:38:31,360 --> 00:38:33,120
Speaker 17: Chris Abercrombie, and he was in my office just a

791
00:38:33,160 --> 00:38:35,239
Speaker 17: couple of weeks ago. So it's not that I don't

792
00:38:35,239 --> 00:38:37,120
Speaker 17: talk to them and see them and tell them exactly

793
00:38:37,200 --> 00:38:38,719
Speaker 17: what I think. I do that all of the time.

794
00:38:39,080 --> 00:38:42,520
Speaker 17: But turning up to their conference in the middle of bargaining,

795
00:38:42,560 --> 00:38:44,400
Speaker 17: the ministry said it wasn't a good idea, and I

796
00:38:44,440 --> 00:38:45,240
Speaker 17: just took their advice.

797
00:38:45,520 --> 00:38:47,360
Speaker 2: We can't carry on.

798
00:38:48,040 --> 00:38:51,000
Speaker 17: Oh, I mean I go to everything, every single invite

799
00:38:51,000 --> 00:38:53,840
Speaker 17: I've ever had I turn up to. This is literally

800
00:38:53,920 --> 00:38:55,600
Speaker 17: the first time and it was on the advice of them.

801
00:38:55,640 --> 00:38:58,920
Speaker 2: Okay, so four point three eight out of five. In

802
00:38:58,680 --> 00:39:01,000
Speaker 2: the mood of the boardroom, you're the number one. You're

803
00:39:01,000 --> 00:39:05,319
Speaker 2: the star of the show. You Prime Minister next, Mike, I.

804
00:39:05,280 --> 00:39:07,439
Speaker 17: Want to be the Education Minister for the next ten years.

805
00:39:07,520 --> 00:39:09,640
Speaker 17: I have got a lot of unfinished business. We're in

806
00:39:09,680 --> 00:39:12,279
Speaker 17: the middle of a reform. I love this job. It's

807
00:39:12,280 --> 00:39:15,200
Speaker 17: an absolute honor to be able to do what I'm

808
00:39:15,239 --> 00:39:17,800
Speaker 17: doing and support teachers in the classroom and raise achievement.

809
00:39:17,840 --> 00:39:18,880
Speaker 17: And I want to keep doing that.

810
00:39:19,160 --> 00:39:22,080
Speaker 2: The overall message in the report says you guys, not

811
00:39:22,120 --> 00:39:25,080
Speaker 2: necessarily you, but you guys are struggling and the patients

812
00:39:25,160 --> 00:39:26,680
Speaker 2: is wearing thin fair report or not.

813
00:39:27,840 --> 00:39:29,799
Speaker 17: Look, there's always room to improve, and I think one

814
00:39:29,800 --> 00:39:32,640
Speaker 17: of the takeouts from the small bit that I've read

815
00:39:32,640 --> 00:39:34,600
Speaker 17: this morning is we need to be better at listening.

816
00:39:35,680 --> 00:39:37,640
Speaker 17: And there are a lot of people out there, including

817
00:39:37,640 --> 00:39:39,520
Speaker 17: the top end of town, who want to help us.

818
00:39:40,000 --> 00:39:42,520
Speaker 17: They've got ideas, they've got suggestions, they want to be

819
00:39:42,560 --> 00:39:44,960
Speaker 17: in the tent and they're finding that hard. And you look,

820
00:39:45,120 --> 00:39:46,840
Speaker 17: we need to take that on board, listen to it

821
00:39:46,880 --> 00:39:47,520
Speaker 17: and bring them in.

822
00:39:47,600 --> 00:39:50,560
Speaker 2: All right, appreciate your time. Ed to Education Immigration Minister

823
00:39:50,640 --> 00:39:52,880
Speaker 2: Erica Stanford at a score of four point three to

824
00:39:52,920 --> 00:39:55,440
Speaker 2: eight out of five this morning. Number one ranking I've

825
00:39:55,440 --> 00:39:57,680
Speaker 2: still have been worked out is I mean technically a

826
00:39:57,719 --> 00:39:59,520
Speaker 2: two point five is a pass. Two point five out

827
00:39:59,560 --> 00:40:03,040
Speaker 2: of five is a pass. I say three because you

828
00:40:03,080 --> 00:40:04,680
Speaker 2: know you want to be seeing. If you're running a

829
00:40:04,680 --> 00:40:06,680
Speaker 2: three out of five as a pass, then fourteen of

830
00:40:06,719 --> 00:40:09,080
Speaker 2: the twenty eight pass. If you're running a two point

831
00:40:09,120 --> 00:40:12,120
Speaker 2: five literally fifty percent, then virtually everyone passes down to

832
00:40:12,440 --> 00:40:15,759
Speaker 2: Casey Costello at twenty six. So overall, the summation is

833
00:40:16,360 --> 00:40:19,040
Speaker 2: that despite the fact that we're at a quote inflection

834
00:40:19,120 --> 00:40:21,560
Speaker 2: point and there's a lot to worry about, this lot

835
00:40:21,560 --> 00:40:24,120
Speaker 2: of doing reasonably well, Nikola will is still to come.

836
00:40:24,160 --> 00:40:25,200
Speaker 2: Seven twenty.

837
00:40:26,760 --> 00:40:31,479
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860
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Speaker 2: do to help the economy through jobs. Firstly, compulsory arbitration.

861
00:41:36,560 --> 00:41:38,360
Speaker 2: I am sick and tired of the teachers and the

862
00:41:38,440 --> 00:41:40,640
Speaker 2: nurses and the doctors striking. The current strike this week

863
00:41:40,640 --> 00:41:42,880
Speaker 2: by the doctors they claim has been a result of

864
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Speaker 2: more than a year of negotiation. I mean, surely at

865
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Speaker 2: some point in Health New Zealand to finally pull the trigger.

866
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Speaker 2: Thank god, it becomes apparent that the two sides aren't

867
00:41:50,520 --> 00:41:52,040
Speaker 2: going to cut a deal. Some heads need to be

868
00:41:52,040 --> 00:41:54,719
Speaker 2: banged together. Health New Zealand have asked for arbitration. So

869
00:41:54,800 --> 00:41:58,359
Speaker 2: a simple law that it's time timeline it and say

870
00:41:58,400 --> 00:42:00,480
Speaker 2: the hassle I mean could be timeline could the number

871
00:42:00,480 --> 00:42:02,919
Speaker 2: of meetings or offers or counter offers, whatever, it doesn't matter.

872
00:42:03,120 --> 00:42:04,600
Speaker 2: Just give it your bear shot. If it doesn't work,

873
00:42:04,680 --> 00:42:07,120
Speaker 2: letter media to do the business. Make it binding. Then

874
00:42:07,160 --> 00:42:09,919
Speaker 2: the migration pathways announced yesterday that we've just talked about

875
00:42:09,920 --> 00:42:12,239
Speaker 2: it seems to have taken an age to realize that

876
00:42:12,320 --> 00:42:14,480
Speaker 2: the simple truth, rightly or wrongly, for this country is

877
00:42:14,520 --> 00:42:17,680
Speaker 2: we need a shed load of people. Yesterday's settings were

878
00:42:17,920 --> 00:42:21,560
Speaker 2: hardly rocket scientists, as I mentioned to Erica a moment ago.

879
00:42:21,600 --> 00:42:23,760
Speaker 2: But that's the sad truth about our economy. I'm afraid

880
00:42:23,760 --> 00:42:25,680
Speaker 2: a lot of issues around jobs these days, the bread

881
00:42:25,719 --> 00:42:28,560
Speaker 2: and butter stuff of daily life, the chocolate fish cafe,

882
00:42:28,640 --> 00:42:30,200
Speaker 2: you up with that one. In Wellington they've written to

883
00:42:30,200 --> 00:42:32,880
Speaker 2: the minister they need a pathway, they argue for people

884
00:42:32,920 --> 00:42:35,080
Speaker 2: to work in hospow Should they need a pathway now?

885
00:42:35,120 --> 00:42:37,319
Speaker 2: Of course not. Should jobless be king to fill the

886
00:42:37,320 --> 00:42:39,560
Speaker 2: gaps of course they should. But that's our lot, a

887
00:42:39,560 --> 00:42:42,520
Speaker 2: bunch of lazy people more interested in skyping than working.

888
00:42:42,520 --> 00:42:45,040
Speaker 2: So migration is the answer. They took an age on

889
00:42:45,080 --> 00:42:47,839
Speaker 2: foreign houses as well, but we got there. I'm big

890
00:42:47,880 --> 00:42:50,520
Speaker 2: on immigration if you don't know that already. People bring skills,

891
00:42:50,560 --> 00:42:53,080
Speaker 2: that bring culture, that generally work hard. They've got good

892
00:42:53,080 --> 00:42:55,759
Speaker 2: work ethic, They earn money, they pay taxes. There is

893
00:42:55,800 --> 00:42:59,440
Speaker 2: growth in numbers the other truth for now, as we

894
00:42:59,440 --> 00:43:03,160
Speaker 2: can't ignore too many really good New Zealanders have bailed,

895
00:43:03,320 --> 00:43:05,919
Speaker 2: we need a skill and a talent reset. The world

896
00:43:06,000 --> 00:43:09,280
Speaker 2: is a competition. Everywhere's a landing spot. The previous government,

897
00:43:09,280 --> 00:43:10,960
Speaker 2: of course, made us a place to leave. Couldn't wait

898
00:43:10,960 --> 00:43:13,400
Speaker 2: to get out of here. The current lot may change that,

899
00:43:13,480 --> 00:43:16,560
Speaker 2: pray they do, but for now talent is still an issue.

900
00:43:16,640 --> 00:43:18,680
Speaker 2: Good people are still hard to find. The here and

901
00:43:18,719 --> 00:43:22,520
Speaker 2: now answer is immigration. Find those that like the look

902
00:43:22,520 --> 00:43:25,359
Speaker 2: of us, make them a deal. Residency is a deal. Yes,

903
00:43:25,440 --> 00:43:29,200
Speaker 2: some may go to Australia, Sir Peters is technically probably correct,

904
00:43:29,440 --> 00:43:32,680
Speaker 2: but if we're good, some may not, so we win.

905
00:43:33,040 --> 00:43:36,440
Speaker 2: See all leavers all ideas more productivity, more pace, less

906
00:43:36,520 --> 00:43:40,440
Speaker 2: mucking around, fewer strikes, more attitude, more determination, more deals,

907
00:43:40,440 --> 00:43:43,480
Speaker 2: more pathways. It's not hard. You just got to want

908
00:43:43,480 --> 00:43:46,640
Speaker 2: to do it. Asking story of the day yesterday that

909
00:43:46,680 --> 00:43:48,960
Speaker 2: got varied, sadly because other stuff was going on, was

910
00:43:49,000 --> 00:43:56,920
Speaker 2: the bloke at Airways Chief executive James Young will not

911
00:43:56,960 --> 00:43:59,160
Speaker 2: be winning the Business Leader of the Year award as

912
00:43:59,200 --> 00:44:02,239
Speaker 2: my early prediction. So Airways, you remember a couple of

913
00:44:02,239 --> 00:44:04,759
Speaker 2: weekends ago had a problem with their computers and some

914
00:44:04,840 --> 00:44:06,560
Speaker 2: of the planes couldn't take off, and those planes that

915
00:44:06,600 --> 00:44:08,239
Speaker 2: had taken off had to circle for a while while

916
00:44:08,239 --> 00:44:11,040
Speaker 2: they worked out what the computer problem was. Software a shoe,

917
00:44:11,120 --> 00:44:14,040
Speaker 2: of course, fire flights were held in the air this

918
00:44:14,120 --> 00:44:17,320
Speaker 2: is August sixteenth. Other planes were stuck on the tarmac.

919
00:44:17,360 --> 00:44:21,239
Speaker 2: Now at the time, the chief executive, James Young said,

920
00:44:21,280 --> 00:44:24,200
Speaker 2: we have significant development capability in the house, but we

921
00:44:24,239 --> 00:44:26,719
Speaker 2: are in discussion with the vender. So who is this

922
00:44:26,880 --> 00:44:29,040
Speaker 2: vendor who was doing the software? A very good question,

923
00:44:29,360 --> 00:44:31,520
Speaker 2: who is this vendor, who is this reprobate, who is

924
00:44:31,560 --> 00:44:35,120
Speaker 2: this half, who is this problem maker? But we just

925
00:44:35,200 --> 00:44:36,560
Speaker 2: need to take a bit of time, he said, to

926
00:44:36,600 --> 00:44:40,440
Speaker 2: understand exactly what happened. So eventually, when we didn't hear back,

927
00:44:40,719 --> 00:44:44,120
Speaker 2: we asked the Airways to disclose who this magical vendor

928
00:44:44,280 --> 00:44:47,279
Speaker 2: was who provided the software to Airways Corporation, And the answer,

929
00:44:47,360 --> 00:44:50,160
Speaker 2: of course is there wasn't one. They were doing it

930
00:44:50,160 --> 00:44:53,239
Speaker 2: themselves in house. I asked you the simple question, how

931
00:44:53,239 --> 00:44:56,239
Speaker 2: do you be the chief executive officer of an organization

932
00:44:56,920 --> 00:44:59,400
Speaker 2: that has an in house software development team that you

933
00:44:59,440 --> 00:45:02,239
Speaker 2: don't know exact or you didn't go. I wonder if

934
00:45:02,239 --> 00:45:04,279
Speaker 2: we did that in the house before you went, We'll

935
00:45:04,280 --> 00:45:05,799
Speaker 2: talk to the vendor, and the vendor turns out to

936
00:45:05,800 --> 00:45:09,000
Speaker 2: be you, So you end up talking to yourself. How

937
00:45:09,000 --> 00:45:11,439
Speaker 2: do you run a company that you don't know what's

938
00:45:11,480 --> 00:45:13,600
Speaker 2: going on? And I don't know James from Abarasaf he

939
00:45:13,640 --> 00:45:15,160
Speaker 2: could be a good block for a beer and a barbecue.

940
00:45:15,200 --> 00:45:16,839
Speaker 2: I don't know. But all I know is that if

941
00:45:16,880 --> 00:45:18,719
Speaker 2: I was running a company and I had an in

942
00:45:18,760 --> 00:45:23,239
Speaker 2: house software team, I'd probably know they existed, just saying.

943
00:45:25,040 --> 00:45:29,040
Speaker 1: New Zealand's voice of Reason is Mike the Mic asking

944
00:45:29,080 --> 00:45:33,479
Speaker 1: Breakfast with a Vita, Retirement, Communities, Life your Way News

945
00:45:33,520 --> 00:45:34,040
Speaker 1: togs head be.

946
00:45:34,160 --> 00:45:35,680
Speaker 2: Twenty three to eight is part of the mood of

947
00:45:35,680 --> 00:45:39,200
Speaker 2: the boardroom. Business Leaders rank and ministers out of five Education,

948
00:45:39,280 --> 00:45:41,839
Speaker 2: Immigration Minister Erica Stamford tops out at four point three.

949
00:45:41,840 --> 00:45:43,960
Speaker 2: As we told you, Christoph Luaxi slid the fifteenth to

950
00:45:44,000 --> 00:45:46,600
Speaker 2: two point nine six. Finance Minister Nikola Willis came in

951
00:45:46,640 --> 00:45:50,040
Speaker 2: thirteenth on three point zero nine, and Nicola Willis is

952
00:45:50,040 --> 00:45:52,440
Speaker 2: with us, good morning, good morning mate. So we look

953
00:45:52,480 --> 00:45:54,480
Speaker 2: at the scores out of five. What's the line for you?

954
00:45:54,520 --> 00:45:56,919
Speaker 2: I mean between this being a game versus being real?

955
00:45:56,960 --> 00:45:58,360
Speaker 2: Do you take a message in this or not?

956
00:45:59,640 --> 00:45:59,839
Speaker 1: Well?

957
00:45:59,880 --> 00:46:02,560
Speaker 18: I do because I'm someone who's always studied my report

958
00:46:02,640 --> 00:46:05,359
Speaker 18: cards hard and I always strive to be better. And

959
00:46:05,640 --> 00:46:09,279
Speaker 18: for New Zealand, we need our businesses to be succeeding

960
00:46:09,280 --> 00:46:11,560
Speaker 18: in order to get the jobs and income growth that

961
00:46:11,600 --> 00:46:14,480
Speaker 18: we want to see. So what our business leaders are

962
00:46:14,520 --> 00:46:17,880
Speaker 18: saying matters to me. Now, if this is one hundred

963
00:46:17,880 --> 00:46:21,200
Speaker 18: and fifty people, we serve five million people. So of

964
00:46:21,239 --> 00:46:23,400
Speaker 18: course we also have to be thinking about a broader

965
00:46:23,560 --> 00:46:26,800
Speaker 18: range of interests. But certainly I'm interested in what business

966
00:46:26,800 --> 00:46:27,359
Speaker 18: has to say.

967
00:46:27,480 --> 00:46:29,279
Speaker 2: Why are you thirteen not one?

968
00:46:30,400 --> 00:46:33,560
Speaker 18: Well, I think we're coming through a really difficult recovery.

969
00:46:33,800 --> 00:46:37,319
Speaker 18: I am the person responsible for getting us through that,

970
00:46:37,680 --> 00:46:41,720
Speaker 18: and I think until New Zealanders feel like that economic

971
00:46:41,800 --> 00:46:44,240
Speaker 18: recovery is behind us somewhere in the growth up swing,

972
00:46:44,280 --> 00:46:47,200
Speaker 18: They're going to continue looking at me saying have you

973
00:46:47,280 --> 00:46:50,759
Speaker 18: done enough to fix it? So I take responsibility for

974
00:46:50,920 --> 00:46:54,319
Speaker 18: both getting us through this clical downturn we've been in,

975
00:46:54,600 --> 00:46:58,160
Speaker 18: but also putting us on a higher track for productivity growth.

976
00:46:58,560 --> 00:47:02,319
Speaker 18: And I accept that people haven't seen all of that yet,

977
00:47:02,320 --> 00:47:05,280
Speaker 18: and they want to see it. They're impatient, they're frustrated.

978
00:47:05,320 --> 00:47:08,560
Speaker 18: In some cases. I share their impatience. I share their

979
00:47:08,600 --> 00:47:12,080
Speaker 18: desire to get this economy going, and we will let

980
00:47:12,160 --> 00:47:14,000
Speaker 18: the results speak. When the results speak.

981
00:47:14,160 --> 00:47:16,360
Speaker 2: Well, that's the problem. There aren't enough results. Hence the

982
00:47:16,400 --> 00:47:20,120
Speaker 2: headline mood shift on Willis's growth push. You've failed to

983
00:47:20,200 --> 00:47:21,239
Speaker 2: this point, haven't you.

984
00:47:22,640 --> 00:47:25,200
Speaker 18: Well, when I look at what business are telling us

985
00:47:25,280 --> 00:47:28,759
Speaker 18: they want us to do, I'm convinced we are doing

986
00:47:28,800 --> 00:47:32,160
Speaker 18: the right things. And so if you think about the

987
00:47:32,200 --> 00:47:35,719
Speaker 18: fast trak regime, you think about the push to reduce regulation,

988
00:47:36,520 --> 00:47:40,840
Speaker 18: even just yesterday, our Holidays Act changes, you think about education,

989
00:47:41,640 --> 00:47:43,960
Speaker 18: None of these things are going to happen overnight. But

990
00:47:44,040 --> 00:47:47,360
Speaker 18: we are doing the reforms that people have told us necessary,

991
00:47:47,440 --> 00:47:52,160
Speaker 18: attracting that overseas investment, ensuring that our science system is smarter,

992
00:47:52,760 --> 00:47:55,880
Speaker 18: making sure that the infrastructure pipeline has a bit more

993
00:47:55,880 --> 00:47:58,520
Speaker 18: of a ten to twenty year view. You know, we

994
00:47:58,680 --> 00:48:01,160
Speaker 18: have for the first time put out twenty year health

995
00:48:01,160 --> 00:48:06,000
Speaker 18: infrastructure plans, ten year education infrastructure plan. These are the

996
00:48:06,040 --> 00:48:08,160
Speaker 18: things that people tell us they want to see, and

997
00:48:08,160 --> 00:48:10,799
Speaker 18: there are some real bright spots in this report, Mike.

998
00:48:10,920 --> 00:48:15,520
Speaker 18: You know, Erica Stanford's outstanding work and education is recognized.

999
00:48:15,840 --> 00:48:19,640
Speaker 18: Chris Bishop's work on the resource management system is recognized.

1000
00:48:20,040 --> 00:48:22,800
Speaker 18: The stewardship that Mike Mitchell has provided of the police,

1001
00:48:22,880 --> 00:48:26,960
Speaker 18: that Simeon Brown has provided of the health system, they're recognized.

1002
00:48:27,040 --> 00:48:29,560
Speaker 18: So it's not all doerm and glue and I still

1003
00:48:29,600 --> 00:48:30,479
Speaker 18: think on the right track.

1004
00:48:30,600 --> 00:48:32,319
Speaker 2: No, it does not. And I can counter that by

1005
00:48:32,320 --> 00:48:34,240
Speaker 2: simply saying, if you look at the opposition, their school

1006
00:48:34,280 --> 00:48:36,000
Speaker 2: is even worse than they don't look ready for government

1007
00:48:36,000 --> 00:48:37,759
Speaker 2: and all that sort of thing. But what worries me,

1008
00:48:37,880 --> 00:48:39,400
Speaker 2: and I've said this to you and the Prime Minister

1009
00:48:39,440 --> 00:48:42,920
Speaker 2: many many times, is that beyond the politics, there are

1010
00:48:42,960 --> 00:48:45,200
Speaker 2: some of us who are actually quite desperate to see

1011
00:48:45,200 --> 00:48:48,240
Speaker 2: this country do better. And we were promised a story

1012
00:48:48,280 --> 00:48:51,319
Speaker 2: in twenty twenty five that simply hasn't eventuated, and that

1013
00:48:51,440 --> 00:48:53,640
Speaker 2: view is reflected in this morning's report, isn't it.

1014
00:48:54,520 --> 00:48:57,160
Speaker 18: Yeah, But you also see in that report some really

1015
00:48:57,200 --> 00:49:00,000
Speaker 18: positive things, businesses saying they're going to be investing more

1016
00:49:00,680 --> 00:49:03,000
Speaker 18: over the next twelve months than they have of the

1017
00:49:03,040 --> 00:49:06,919
Speaker 18: previous twelve months. You see that recognition from Cambergray, who's

1018
00:49:06,920 --> 00:49:10,520
Speaker 18: an independent economist, saying, look, the reality is that when

1019
00:49:10,520 --> 00:49:13,319
Speaker 18: you fall from the dizzy heights of a sugar high

1020
00:49:13,480 --> 00:49:16,680
Speaker 18: led by government high, governments bending, then there is a

1021
00:49:16,719 --> 00:49:19,719
Speaker 18: come doown. And all of those things are true. So

1022
00:49:21,080 --> 00:49:23,560
Speaker 18: we see that the changes that we are making have

1023
00:49:23,760 --> 00:49:27,719
Speaker 18: been helpful and tail ones for growth rather than head

1024
00:49:27,719 --> 00:49:30,600
Speaker 18: ones for growth. Except but we accept we're not there yet.

1025
00:49:30,640 --> 00:49:34,000
Speaker 18: We're absolutely pushing to get there faster. And what I

1026
00:49:34,040 --> 00:49:37,040
Speaker 18: read in this report card is business broadly think the

1027
00:49:37,080 --> 00:49:40,560
Speaker 18: government's doing the right things. They want us going faster, harder.

1028
00:49:40,960 --> 00:49:42,880
Speaker 18: And I'll tell you who agrees with that. That's the

1029
00:49:42,920 --> 00:49:45,799
Speaker 18: Prime Minister and he's driving Each of his ministers are

1030
00:49:45,960 --> 00:49:47,000
Speaker 18: hard on that agenda.

1031
00:49:47,160 --> 00:49:50,000
Speaker 2: Are the matters the RB governors today?

1032
00:49:50,160 --> 00:49:51,759
Speaker 18: Yes, I'm looking forward to that announcement.

1033
00:49:52,120 --> 00:49:52,719
Speaker 2: Is she good?

1034
00:49:54,000 --> 00:49:56,560
Speaker 18: I can tell you that the person whose gender will

1035
00:49:56,560 --> 00:50:00,720
Speaker 18: be obvious when they stand up as of extremely high caliber.

1036
00:50:00,960 --> 00:50:04,920
Speaker 18: They are of international standing with huge experience, and I

1037
00:50:05,000 --> 00:50:07,239
Speaker 18: have complete confidence they'll have a capability.

1038
00:50:07,400 --> 00:50:10,360
Speaker 2: Only reason why I asked that is making a female

1039
00:50:10,440 --> 00:50:13,120
Speaker 2: thing still a thing, given that females do whatever they

1040
00:50:13,120 --> 00:50:15,000
Speaker 2: want to do. And the more we make oh, it's

1041
00:50:15,000 --> 00:50:18,400
Speaker 2: a female, the more we're insulting people who actually do

1042
00:50:18,480 --> 00:50:19,840
Speaker 2: quite well who happen to be female.

1043
00:50:20,640 --> 00:50:24,000
Speaker 18: Well as a woman who's in a senior role that

1044
00:50:24,120 --> 00:50:27,360
Speaker 18: isn't always occupied by women. What I want people to

1045
00:50:27,400 --> 00:50:29,799
Speaker 18: understand is I'm in that role because I'm the best

1046
00:50:29,800 --> 00:50:32,759
Speaker 18: person for the job. My gender is secondary, and I

1047
00:50:32,840 --> 00:50:37,080
Speaker 18: certainly expect that from any senior appointment to a role

1048
00:50:37,160 --> 00:50:40,799
Speaker 18: so critically important. It shouldn't be seen simply through the

1049
00:50:40,880 --> 00:50:43,359
Speaker 18: lens of someone's gender. It should be seen through their

1050
00:50:43,400 --> 00:50:46,279
Speaker 18: capability and skills. But there's another thing, Mike, that I

1051
00:50:46,280 --> 00:50:49,560
Speaker 18: will say is that I tell you for my daughter

1052
00:50:49,960 --> 00:50:53,160
Speaker 18: and for many women around the country, they do quietly

1053
00:50:53,200 --> 00:50:56,080
Speaker 18: say to me, Look, it makes a difference for us

1054
00:50:56,160 --> 00:50:59,280
Speaker 18: to see you as a woman doing that job because

1055
00:50:59,320 --> 00:51:02,360
Speaker 18: it tells us that there's no space we can't occupy exactly,

1056
00:51:02,480 --> 00:51:04,080
Speaker 18: So that remains on balance.

1057
00:51:04,280 --> 00:51:06,120
Speaker 2: Is it a good thing? This is like the All

1058
00:51:06,160 --> 00:51:08,080
Speaker 2: Blacks coach. Is it a good thing that we've got

1059
00:51:08,080 --> 00:51:11,799
Speaker 2: somebody from offshore that they can see New Zealand as

1060
00:51:11,800 --> 00:51:14,600
Speaker 2: a genuine opportunity and we can still attract really world

1061
00:51:14,600 --> 00:51:17,600
Speaker 2: class talent versus oh, why didn't we get a New Zealander.

1062
00:51:18,480 --> 00:51:22,080
Speaker 18: Well, I've resolutely not commented on who it is yet,

1063
00:51:22,120 --> 00:51:26,320
Speaker 18: but what is really encouraging is that there were candidates

1064
00:51:26,360 --> 00:51:30,239
Speaker 18: of international caliber for this role, which tells us that

1065
00:51:30,320 --> 00:51:34,040
Speaker 18: they still view one our Reserve Bank as being of

1066
00:51:34,200 --> 00:51:38,719
Speaker 18: good international standing and reputation, and two that they see

1067
00:51:38,800 --> 00:51:41,040
Speaker 18: New Zealand as a place that they would like to

1068
00:51:41,239 --> 00:51:44,520
Speaker 18: live and associate their reputation with. So the fact that

1069
00:51:44,560 --> 00:51:48,480
Speaker 18: we had such outstanding candidates I think is a very

1070
00:51:48,520 --> 00:51:49,080
Speaker 18: positive thing.

1071
00:51:49,160 --> 00:51:52,040
Speaker 2: Look forward to it. Nicoloilis who is the Economic Growth

1072
00:51:52,040 --> 00:51:55,240
Speaker 2: and Finance Minister. Of course, just to summarize what broadly

1073
00:51:55,280 --> 00:51:59,400
Speaker 2: speaking you said in this CEO survey, councils are broken.

1074
00:51:59,440 --> 00:52:01,000
Speaker 2: I think we'd all agree with that the number one

1075
00:52:01,000 --> 00:52:04,359
Speaker 2: issue is energy price increases seven point one percent. That's

1076
00:52:04,440 --> 00:52:06,879
Speaker 2: right up. It's the number one issue the cost of

1077
00:52:07,040 --> 00:52:09,799
Speaker 2: doing business in terms of energy and the government need

1078
00:52:09,840 --> 00:52:11,760
Speaker 2: to move on that. Dere I use the word nuclear

1079
00:52:11,800 --> 00:52:14,400
Speaker 2: and just waste my time. But nevertheless, in a stronger

1080
00:52:14,440 --> 00:52:16,960
Speaker 2: long term vision is what they want. They mark Luxan

1081
00:52:17,040 --> 00:52:19,400
Speaker 2: on a whole bunch of individual sort of things, maintains

1082
00:52:19,400 --> 00:52:23,320
Speaker 2: coalition cohesion, keeps cabinet colleagues focused on delivery. He scores

1083
00:52:23,440 --> 00:52:26,440
Speaker 2: very well in that, and it's sort of divergent if

1084
00:52:26,480 --> 00:52:29,920
Speaker 2: you want to get into the weeds. His number overall

1085
00:52:30,040 --> 00:52:33,319
Speaker 2: isn't great, but when you look at what he's doing

1086
00:52:33,320 --> 00:52:37,680
Speaker 2: in the individual areas, he scores quite well. So I

1087
00:52:37,680 --> 00:52:41,040
Speaker 2: don't know how the CEOs square that circle. Sixteen to eight.

1088
00:52:43,040 --> 00:52:47,480
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

1089
00:52:47,520 --> 00:52:48,480
Speaker 1: by News Talks it be.

1090
00:52:49,800 --> 00:52:52,680
Speaker 2: It is thirteen minutes away from eight. Obviously, a number

1091
00:52:52,719 --> 00:52:54,760
Speaker 2: of you texting me this morning about the very exciting

1092
00:52:54,800 --> 00:52:58,239
Speaker 2: news from Tory Farnow this morning that she is running

1093
00:52:58,239 --> 00:53:00,440
Speaker 2: while we already knew's running the local bodys at the

1094
00:53:00,440 --> 00:53:03,080
Speaker 2: moment of the Murray seat. She may or may win that.

1095
00:53:03,160 --> 00:53:05,479
Speaker 2: I don't know what I fear for her between twenty

1096
00:53:05,520 --> 00:53:07,160
Speaker 2: six and twenty nine if she doesn't win that seat,

1097
00:53:07,200 --> 00:53:09,839
Speaker 2: what she's going to do, Because she's announced she's running

1098
00:53:09,840 --> 00:53:11,560
Speaker 2: in twenty twenty nine for the Green Party. So they

1099
00:53:11,600 --> 00:53:14,000
Speaker 2: will be very pleased to see her back. And obviously

1100
00:53:14,000 --> 00:53:16,560
Speaker 2: the Green Party is in very very good hands when

1101
00:53:16,600 --> 00:53:19,719
Speaker 2: she returns to the while I'm assuming the leadership in

1102
00:53:19,760 --> 00:53:23,480
Speaker 2: twenty twenty nine. Meantime though, and equally, I'm just talking

1103
00:53:23,480 --> 00:53:25,680
Speaker 2: to you if you're involved in business, if you've got

1104
00:53:25,960 --> 00:53:28,560
Speaker 2: conference coming up, something like that. She's joined us speaking,

1105
00:53:28,640 --> 00:53:31,759
Speaker 2: she's joining the speaking circuit, and so I don't know

1106
00:53:31,760 --> 00:53:34,719
Speaker 2: what she's charging, but I mean there's I mean, how

1107
00:53:34,760 --> 00:53:35,880
Speaker 2: much is too much? Honestly?

1108
00:53:36,239 --> 00:53:38,080
Speaker 1: I mean, this is an opportunity not to be missed.

1109
00:53:38,120 --> 00:53:40,400
Speaker 2: I think I would have thought. So she wants to

1110
00:53:40,719 --> 00:53:44,239
Speaker 2: will be talking about resilient leadership, So I mean there's

1111
00:53:44,239 --> 00:53:48,080
Speaker 2: no price you can put on that. Obviously, four seven

1112
00:53:48,200 --> 00:53:48,640
Speaker 2: nine is it?

1113
00:53:50,600 --> 00:53:51,320
Speaker 3: That's a steal.

1114
00:53:52,200 --> 00:53:57,600
Speaker 2: But I just got the text saying Tsb's down to

1115
00:53:57,640 --> 00:54:00,840
Speaker 2: four four nine for a two year rate, whereas Kiwi

1116
00:54:00,840 --> 00:54:03,480
Speaker 2: Bank they talk a big game, but simply not willing

1117
00:54:03,520 --> 00:54:06,839
Speaker 2: to play hard and lead the charge. They're at four

1118
00:54:06,960 --> 00:54:08,240
Speaker 2: seven nine for the two years.

1119
00:54:08,480 --> 00:54:09,400
Speaker 1: Oh, it's a coincidence.

1120
00:54:09,520 --> 00:54:10,440
Speaker 15: It's the same fee that.

1121
00:54:10,640 --> 00:54:14,160
Speaker 2: It's the same fee you can two years about resilient leadership.

1122
00:54:14,400 --> 00:54:16,560
Speaker 2: Two year mortgage or you can hire Torri far now

1123
00:54:16,680 --> 00:54:23,799
Speaker 2: for a four dollars seventy nine. Very at Peace by

1124
00:54:23,840 --> 00:54:26,840
Speaker 2: Andrew Patterson and Newsroom yesterday, just broadly, while we're on

1125
00:54:26,880 --> 00:54:29,759
Speaker 2: the subject of the economy, the story of Heinz Group,

1126
00:54:29,760 --> 00:54:30,920
Speaker 2: and they point out in the article and there a

1127
00:54:30,920 --> 00:54:32,920
Speaker 2: one hundreds right. Most people, of course don't know who

1128
00:54:33,000 --> 00:54:35,040
Speaker 2: heins Group are, but they are in fact one of

1129
00:54:35,040 --> 00:54:39,000
Speaker 2: Australasia's largest producer of concrete pipes and drainage systems and

1130
00:54:39,040 --> 00:54:41,520
Speaker 2: stuff like that. Anyway, they've got thirty seven branches around

1131
00:54:41,520 --> 00:54:45,480
Speaker 2: the country and local councils use them developers contract as agricultural.

1132
00:54:45,480 --> 00:54:46,759
Speaker 2: I mean, you'll know who they are if you're in

1133
00:54:46,800 --> 00:54:50,680
Speaker 2: the sector. Old school business dominated by long serving staff,

1134
00:54:50,680 --> 00:54:53,560
Speaker 2: where the owner knows everyone personally and treats them as

1135
00:54:53,560 --> 00:54:57,600
Speaker 2: extended members of his own family. Becomes emotional describing the

1136
00:54:57,600 --> 00:55:00,680
Speaker 2: harsh reality of the situation he faces, which, while not

1137
00:55:00,800 --> 00:55:05,040
Speaker 2: yet fitting the conventional definition of a recession, certainly feels

1138
00:55:05,080 --> 00:55:08,799
Speaker 2: like one. Having to let go almost fifteen percent of

1139
00:55:08,800 --> 00:55:10,960
Speaker 2: our nine hundred staff in recent months and facing up

1140
00:55:11,000 --> 00:55:13,360
Speaker 2: to the reality of a further ten staff set to

1141
00:55:13,400 --> 00:55:15,960
Speaker 2: be made redundant in the coming months is deeply painful,

1142
00:55:16,120 --> 00:55:18,680
Speaker 2: very upsetting for me and our family personally, and so

1143
00:55:18,760 --> 00:55:20,960
Speaker 2: it's well worth reading the whole article because it does

1144
00:55:21,000 --> 00:55:24,640
Speaker 2: give you a real world insight into what's actually going

1145
00:55:24,680 --> 00:55:26,680
Speaker 2: on in the economy at the moment and just how

1146
00:55:26,760 --> 00:55:29,759
Speaker 2: wrecked the joint was when this current government picked it up.

1147
00:55:30,280 --> 00:55:32,359
Speaker 2: He is highly critical, and this is the key point

1148
00:55:32,400 --> 00:55:34,560
Speaker 2: I wanted to raise. He's highly critical because if you

1149
00:55:34,600 --> 00:55:37,759
Speaker 2: don't believe me, and this goes juxtaposes with the New

1150
00:55:37,840 --> 00:55:41,720
Speaker 2: Zealand Initiative report yesterday, who were busy defending the Reserve

1151
00:55:41,800 --> 00:55:44,120
Speaker 2: Bank against people like me who have been critical of

1152
00:55:44,120 --> 00:55:46,440
Speaker 2: the Reserve Bank. But hein's highly critical of the Reserve

1153
00:55:46,480 --> 00:55:49,760
Speaker 2: Bank for the situation the country's in during the second quarter.

1154
00:55:50,160 --> 00:55:53,719
Speaker 2: The recessionary conditions really bitters. It was affecting everyone and

1155
00:55:53,760 --> 00:55:55,960
Speaker 2: to meet it was pretty obvious. I believe the Reserve

1156
00:55:56,000 --> 00:55:58,000
Speaker 2: Bank should have had to cut the cash rate by

1157
00:55:58,000 --> 00:56:00,840
Speaker 2: a half percent in May when it was apparently economy

1158
00:56:00,880 --> 00:56:03,080
Speaker 2: was rapidly contracting and sent a strong message that there

1159
00:56:03,080 --> 00:56:05,480
Speaker 2: would be more monetary policy easing to follow. Instead, they

1160
00:56:05,520 --> 00:56:09,320
Speaker 2: completely wimped out. That's on the ground insight, and you

1161
00:56:09,360 --> 00:56:11,320
Speaker 2: can't argue with that anyway, look it up on newsroom

1162
00:56:11,360 --> 00:56:13,560
Speaker 2: and have a read. It's good stuff.

1163
00:56:13,640 --> 00:56:17,560
Speaker 1: Night away from the Mike Hosking Breakfast with a Vita

1164
00:56:17,640 --> 00:56:19,760
Speaker 1: Retirement Communities news Togs had.

1165
00:56:19,640 --> 00:56:22,120
Speaker 2: Been seven away from the sport of the age in

1166
00:56:22,160 --> 00:56:25,040
Speaker 2: terms of growth, Pickleball hosting the New Zealand New Zealand

1167
00:56:25,080 --> 00:56:27,320
Speaker 2: Open this weekend. Four hundred and forty three players registered

1168
00:56:27,360 --> 00:56:30,120
Speaker 2: now are Brady Is the New Zealand Pickleball Association Chair

1169
00:56:30,239 --> 00:56:31,799
Speaker 2: and as with us, Ange morning.

1170
00:56:32,520 --> 00:56:33,360
Speaker 12: Good morning mate.

1171
00:56:33,400 --> 00:56:36,759
Speaker 2: How does the New Zealand Open work these days? Can

1172
00:56:36,800 --> 00:56:38,960
Speaker 2: you do you have a system or a structure system

1173
00:56:38,960 --> 00:56:40,800
Speaker 2: where you win your way through? Or can just anyone

1174
00:56:40,880 --> 00:56:42,640
Speaker 2: enter at the New Zealand Open given you've got born

1175
00:56:42,719 --> 00:56:43,959
Speaker 2: in forty three.

1176
00:56:44,360 --> 00:56:46,560
Speaker 12: No anyone can open. And in fact we've got twenty

1177
00:56:46,640 --> 00:56:50,000
Speaker 12: nine divisions, so we're trying to make each division. Yeah,

1178
00:56:50,239 --> 00:56:54,200
Speaker 12: the tournament relevant to lots of players across the landscape.

1179
00:56:54,320 --> 00:56:57,440
Speaker 2: Wow, where's the growth coming from? Is it clubs or

1180
00:56:57,520 --> 00:56:58,560
Speaker 2: is it schools or what?

1181
00:57:00,160 --> 00:57:00,319
Speaker 5: Oh?

1182
00:57:00,360 --> 00:57:03,440
Speaker 12: I want to say, it's across the board. More and

1183
00:57:03,480 --> 00:57:07,080
Speaker 12: more schools are playing it now and definitely clubs have

1184
00:57:07,160 --> 00:57:11,279
Speaker 12: grown and the playing groups pop ups. It's playing all

1185
00:57:11,280 --> 00:57:15,120
Speaker 12: over the country. We've gone from about thirty playing groups

1186
00:57:15,520 --> 00:57:17,360
Speaker 12: a couple of years ago to now we've got eighty

1187
00:57:17,400 --> 00:57:19,080
Speaker 12: listed on our website and those are the ones we

1188
00:57:19,120 --> 00:57:21,520
Speaker 12: know about. There'll be lots and lots more.

1189
00:57:21,680 --> 00:57:24,640
Speaker 2: It's amazing, isn't it. Is it indoors or outdoors? My

1190
00:57:24,680 --> 00:57:28,640
Speaker 2: wife is finding at trouble with the wind outdoors you

1191
00:57:28,680 --> 00:57:29,480
Speaker 2: can play both.

1192
00:57:29,720 --> 00:57:32,040
Speaker 12: A lot of fickerball in New Zealand has played outdoors,

1193
00:57:32,040 --> 00:57:34,800
Speaker 12: but we see the stuff in the States and Australia

1194
00:57:34,840 --> 00:57:37,600
Speaker 12: it's all outdoors and the wind just becomes another fact

1195
00:57:37,600 --> 00:57:39,840
Speaker 12: that the deal with On the court you're either playing

1196
00:57:39,840 --> 00:57:45,400
Speaker 12: into it or against it. So yeah, it's in New

1197
00:57:45,520 --> 00:57:48,160
Speaker 12: Zealand open. It's played on an outdoor court surface with

1198
00:57:48,240 --> 00:57:51,200
Speaker 12: a roof, so we don't have to try and contend

1199
00:57:51,200 --> 00:57:53,840
Speaker 12: with any of the four seasons in the day Auckland weather,

1200
00:57:55,080 --> 00:57:56,080
Speaker 12: which is fantastic.

1201
00:57:56,280 --> 00:57:58,400
Speaker 2: Where are we at with a pickle v paeddal thing,

1202
00:58:00,280 --> 00:58:03,840
Speaker 2: the pickle v paddle y you know, percive globally paddles

1203
00:58:03,880 --> 00:58:06,360
Speaker 2: a thing and in some countries pickles a thing, you

1204
00:58:06,440 --> 00:58:06,920
Speaker 2: know what I mean?

1205
00:58:07,840 --> 00:58:11,480
Speaker 12: Oh, Look, from from our perspective, if people are out

1206
00:58:11,520 --> 00:58:15,360
Speaker 12: there playing, they're moving around having fun, building community, making

1207
00:58:15,400 --> 00:58:19,440
Speaker 12: friends love it. You know. I work collaboratively with the

1208
00:58:19,880 --> 00:58:24,320
Speaker 12: Paddle Federation as well, and their chair plays pickable and paddle,

1209
00:58:24,520 --> 00:58:28,240
Speaker 12: so it's fantastic. You know, there's enough people in New

1210
00:58:28,320 --> 00:58:30,040
Speaker 12: Zealand for all the sports.

1211
00:58:30,280 --> 00:58:33,160
Speaker 2: That's good and the younger both interests me. What is

1212
00:58:33,200 --> 00:58:35,520
Speaker 2: it about the sport that's attracting so many young people.

1213
00:58:37,520 --> 00:58:42,840
Speaker 12: It's it's fast, it's athletic. Gone of the days where

1214
00:58:42,880 --> 00:58:46,400
Speaker 12: pickleble has the perception that was where genis payers went

1215
00:58:46,440 --> 00:58:50,480
Speaker 12: when they couldn't play tennis anymore. It's it's just super exciting.

1216
00:58:50,480 --> 00:58:52,280
Speaker 12: And the more young people that come into the sport,

1217
00:58:52,400 --> 00:58:55,680
Speaker 12: the more they go down there and they play a

1218
00:58:55,800 --> 00:58:58,600
Speaker 12: session and they meet some friends and it just grows

1219
00:58:58,600 --> 00:59:02,760
Speaker 12: from there. It's the biggest growth area and out of

1220
00:59:02,760 --> 00:59:06,440
Speaker 12: the state that age groups of eighteen thirty.

1221
00:59:06,160 --> 00:59:07,520
Speaker 2: Five super excited.

1222
00:59:08,920 --> 00:59:11,040
Speaker 12: A sucret scarting and I hear that you quite enjoy

1223
00:59:11,080 --> 00:59:11,400
Speaker 12: the game.

1224
00:59:11,960 --> 00:59:14,800
Speaker 2: I don't play the game myself. I mean I could,

1225
00:59:14,840 --> 00:59:17,320
Speaker 2: but my wife is obsessed about it, and she's set

1226
00:59:17,400 --> 00:59:20,560
Speaker 2: up her own league and she's got international sponsorship coming

1227
00:59:20,560 --> 00:59:23,160
Speaker 2: and the whole thing's become embarrassing, you know, so she's

1228
00:59:23,240 --> 00:59:25,280
Speaker 2: but she's one of many and dosten go well with

1229
00:59:25,280 --> 00:59:26,720
Speaker 2: the New Zealand Open. I'll get her to went to

1230
00:59:26,800 --> 00:59:30,240
Speaker 2: next year when she stands a chance. She says she's

1231
00:59:30,280 --> 00:59:32,520
Speaker 2: quite good, but I've seen no evidence. That's all I mean.

1232
00:59:32,560 --> 00:59:35,000
Speaker 2: She's a naturally athletic person. I'm digging myself a massive

1233
00:59:35,040 --> 00:59:37,840
Speaker 2: hole here. She's an inter judge. She's an athletic person,

1234
00:59:37,880 --> 00:59:40,080
Speaker 2: but she's thoroughly enjoying it. But it's raining today, so

1235
00:59:40,160 --> 00:59:42,680
Speaker 2: she's not playing, so she's frustrated. But that's enough of

1236
00:59:42,720 --> 00:59:43,560
Speaker 2: pickleball for now.

1237
00:59:44,840 --> 00:59:49,560
Speaker 1: The Mike host game in stateful, engaging and vitally, the

1238
00:59:49,760 --> 00:59:53,840
Speaker 1: Mic Hosking breakfast with Range Rover leading by example, News

1239
00:59:53,880 --> 00:59:54,600
Speaker 1: Dogs dead.

1240
00:59:54,400 --> 00:59:57,600
Speaker 2: B so last to go.

1241
01:00:00,160 --> 01:00:07,600
Speaker 19: Are the Colors training from the world, and all my

1242
01:00:07,920 --> 01:00:14,080
Speaker 19: careful calculation scattered on the wind because you told me.

1243
01:00:14,320 --> 01:00:19,000
Speaker 2: I was special at He's got one of the best

1244
01:00:19,040 --> 01:00:23,360
Speaker 2: voices going, hasn't. Sarah McLaughlin first album of original material

1245
01:00:23,400 --> 01:00:27,400
Speaker 2: in over a decade, A warm hug from aturish friend.

1246
01:00:27,440 --> 01:00:30,400
Speaker 2: That's a nice word for a collection of songs that

1247
01:00:30,440 --> 01:00:35,200
Speaker 2: provides listeners with relief and release. The mid tempo title

1248
01:00:35,280 --> 01:00:42,640
Speaker 2: track is Standout Listen Tode title track no quis as usual,

1249
01:00:42,640 --> 01:00:45,800
Speaker 2: Glen's gone for some random track, for no particular reason

1250
01:00:47,880 --> 01:00:51,400
Speaker 2: to come here. You've got yourself to him down yet again.

1251
01:00:52,160 --> 01:00:57,040
Speaker 2: Forty five minutes and forty nine seconds in eleven track,

1252
01:00:57,680 --> 01:01:00,920
Speaker 2: Well I've given it on she was Cabinet Minister and

1253
01:01:02,040 --> 01:01:07,600
Speaker 2: Marco three point three nineteen. It is eight minutes past

1254
01:01:07,640 --> 01:01:10,280
Speaker 2: eight and Mike Mitchell and Jinny Anderson are both well.

1255
01:01:10,320 --> 01:01:11,600
Speaker 2: U's good morning to you both.

1256
01:01:12,280 --> 01:01:15,160
Speaker 20: Take your modding, Mike wedding Jenny, Morning to you both

1257
01:01:15,200 --> 01:01:15,560
Speaker 20: as well.

1258
01:01:15,800 --> 01:01:19,800
Speaker 2: Jenny, how have you filled your week with no parliament?

1259
01:01:21,800 --> 01:01:25,840
Speaker 11: I'm actually overseas celebrating my husband's sixtieth birthday with him

1260
01:01:25,920 --> 01:01:26,560
Speaker 11: and my kids.

1261
01:01:26,760 --> 01:01:29,960
Speaker 2: So sensational. Well, okay, so you've brought your kids with

1262
01:01:30,520 --> 01:01:32,120
Speaker 2: you on the sixtieth birthday.

1263
01:01:33,080 --> 01:01:34,400
Speaker 11: Yes, we did, we did?

1264
01:01:34,560 --> 01:01:35,479
Speaker 2: Was that content true?

1265
01:01:35,480 --> 01:01:35,640
Speaker 12: Well?

1266
01:01:35,760 --> 01:01:40,000
Speaker 11: So look we we're a pretty good family. We travel right,

1267
01:01:40,120 --> 01:01:43,960
Speaker 11: So they're doing they're doing. Okay that the moments of

1268
01:01:44,160 --> 01:01:47,800
Speaker 11: romantic intimacy are limited, but mind we're still having fun

1269
01:01:47,880 --> 01:01:48,400
Speaker 11: as a family.

1270
01:01:48,480 --> 01:01:52,440
Speaker 2: Okay, the intimacy is limited. Nice holiday update, Jenny, Well

1271
01:01:52,480 --> 01:01:56,160
Speaker 2: done you congratulations. Now a couple of key questions where

1272
01:01:56,200 --> 01:01:57,640
Speaker 2: if you want to don't have to tell us where

1273
01:01:57,640 --> 01:01:59,280
Speaker 2: you are if you don't want to, but where are you?

1274
01:01:59,320 --> 01:02:01,120
Speaker 2: And as the time zone and issue.

1275
01:02:00,800 --> 01:02:05,320
Speaker 11: This morning, I am in Italy and out in the

1276
01:02:05,360 --> 01:02:07,880
Speaker 11: sort of the country outside of Siena. And it's about

1277
01:02:07,880 --> 01:02:08,360
Speaker 11: two puff.

1278
01:02:09,240 --> 01:02:11,360
Speaker 2: No, that's pretty. That's pretty now, that's that's fair enough.

1279
01:02:11,400 --> 01:02:12,560
Speaker 2: We were just going to give you the sign. And

1280
01:02:12,600 --> 01:02:15,200
Speaker 2: what's award for turning up an unusual outs that's all?

1281
01:02:16,280 --> 01:02:19,240
Speaker 2: Is it nice and warm?

1282
01:02:19,640 --> 01:02:22,200
Speaker 11: Yeah, it's about I'll be about twenty three degrees beautiful,

1283
01:02:22,560 --> 01:02:23,200
Speaker 11: more than nine.

1284
01:02:23,480 --> 01:02:26,680
Speaker 2: And most important of all, your husband is the same

1285
01:02:26,720 --> 01:02:29,880
Speaker 2: age I am is visually speaking, not not in terms

1286
01:02:29,880 --> 01:02:32,880
Speaker 2: of attraction general, let's not go there, but in terms

1287
01:02:32,960 --> 01:02:36,600
Speaker 2: of how he's aging versus how I am aging. How

1288
01:02:36,640 --> 01:02:37,760
Speaker 2: would you score things?

1289
01:02:38,400 --> 01:02:38,600
Speaker 8: Oh?

1290
01:02:38,680 --> 01:02:41,080
Speaker 11: My goodness, is it like mood of the boot boardroom.

1291
01:02:41,400 --> 01:02:44,240
Speaker 2: It's very much mood of the boardroom, mood of the

1292
01:02:44,280 --> 01:02:45,800
Speaker 2: sixty year old.

1293
01:02:45,880 --> 01:02:48,400
Speaker 11: I'd give him like four points even he's doing very well.

1294
01:02:48,440 --> 01:02:50,280
Speaker 2: I think, okay, good stuff.

1295
01:02:51,000 --> 01:02:51,320
Speaker 19: But you.

1296
01:02:53,680 --> 01:02:56,520
Speaker 18: Mark, I know I know as well.

1297
01:02:56,960 --> 01:02:59,440
Speaker 20: I know him very well, and he's he's in great shape.

1298
01:02:59,600 --> 01:03:01,680
Speaker 20: Him and I with Dog Hendless the year that we

1299
01:03:01,680 --> 01:03:05,320
Speaker 20: did a as qualified together top men. So yeah, happy

1300
01:03:05,400 --> 01:03:08,840
Speaker 20: sixtieth birthday to them. Mike, you got no problem staying

1301
01:03:08,880 --> 01:03:11,240
Speaker 20: in shape, mate, because when I was in the when

1302
01:03:11,240 --> 01:03:12,800
Speaker 20: I was at the studio the other day, you had

1303
01:03:12,800 --> 01:03:15,680
Speaker 20: this flesh little plus that contain are full of all

1304
01:03:15,680 --> 01:03:16,800
Speaker 20: your healthy morsels.

1305
01:03:16,800 --> 01:03:19,640
Speaker 2: That that's exactly that's the trick. That's the trick that.

1306
01:03:19,880 --> 01:03:20,960
Speaker 11: I've got a special name for it.

1307
01:03:21,000 --> 01:03:21,520
Speaker 12: What do you call it?

1308
01:03:22,360 --> 01:03:29,360
Speaker 2: My Mediterranean seller? It's not that special. Now, let's let's

1309
01:03:29,360 --> 01:03:32,480
Speaker 2: deal with the just a couple of quick things, Ginny.

1310
01:03:32,680 --> 01:03:34,400
Speaker 2: The reason I don't know how much of this year

1311
01:03:34,480 --> 01:03:36,560
Speaker 2: up on giving you a CELEBRAI has some sixties birthday.

1312
01:03:36,600 --> 01:03:39,120
Speaker 2: But the residency pathway things that were announced yesterday, the

1313
01:03:39,160 --> 01:03:43,200
Speaker 2: immigration changes, are they, broadly speaking, something you guys would

1314
01:03:43,280 --> 01:03:44,680
Speaker 2: live with if you got back to government.

1315
01:03:45,480 --> 01:03:48,320
Speaker 11: Well, the problem I have, as the same problem that

1316
01:03:48,360 --> 01:03:52,080
Speaker 11: Winston's raised, is that we've lost nineteen thousand construction workers

1317
01:03:52,680 --> 01:03:56,880
Speaker 11: and the number of apprenticeships has hugely decreased. So where

1318
01:03:57,040 --> 01:04:00,120
Speaker 11: is the plan for training up our own people. It

1319
01:04:00,160 --> 01:04:04,120
Speaker 11: seems like we're just reverting to bringing in tradees without

1320
01:04:04,160 --> 01:04:06,480
Speaker 11: actually having a plan in place for our own workforce.

1321
01:04:06,600 --> 01:04:10,400
Speaker 11: And that's really concerning when those unemployment numbers hugely over

1322
01:04:10,440 --> 01:04:12,560
Speaker 11: represented as young people pecking.

1323
01:04:12,760 --> 01:04:15,080
Speaker 2: But here's my problem because the Chocolate Fish Cafe, which

1324
01:04:15,080 --> 01:04:17,680
Speaker 2: I assume you know because you're from Wellington, is they

1325
01:04:17,760 --> 01:04:20,480
Speaker 2: wrote to Louise Upstin about the hospital thing. They need

1326
01:04:20,520 --> 01:04:22,480
Speaker 2: a pathway. They can't get locals. I mean, yes, people

1327
01:04:22,560 --> 01:04:24,600
Speaker 2: leave the country, yes they're unemployed, but if you can't

1328
01:04:24,600 --> 01:04:26,760
Speaker 2: get people in hospital, there's too many people who just

1329
01:04:26,800 --> 01:04:28,360
Speaker 2: don't want to work in this country, isn't there.

1330
01:04:28,920 --> 01:04:31,280
Speaker 11: Well, I think Louise wrote back and said something like

1331
01:04:31,280 --> 01:04:33,760
Speaker 11: these nine thousand people unemployed in Wellington, which we all

1332
01:04:33,760 --> 01:04:36,920
Speaker 11: agree is too many. So yeah, there is a problem,

1333
01:04:36,960 --> 01:04:39,760
Speaker 11: but we need good pathways into work, in good training

1334
01:04:39,840 --> 01:04:43,160
Speaker 11: and there was zero in the last budget for anything

1335
01:04:43,200 --> 01:04:46,680
Speaker 11: in terms of training or incentivization for young people to

1336
01:04:46,760 --> 01:04:50,560
Speaker 11: take up opportunities, and that's why those numbers for unemployed

1337
01:04:50,600 --> 01:04:53,440
Speaker 11: young people has continued to increase under this government.

1338
01:04:53,640 --> 01:04:56,800
Speaker 2: Mark, you're the mood of the boardroom just generally this morning.

1339
01:04:56,960 --> 01:04:59,600
Speaker 2: Do you take on board what is being said to

1340
01:04:59,640 --> 01:05:02,720
Speaker 2: you by the leadership in the business community.

1341
01:05:02,840 --> 01:05:05,440
Speaker 20: Absolutely, so I'm at the event now, I've just popped

1342
01:05:05,440 --> 01:05:08,680
Speaker 20: out to come on the show, but yeah, absolutely, we've

1343
01:05:08,680 --> 01:05:10,200
Speaker 20: got to listen These are the people on the front

1344
01:05:10,240 --> 01:05:13,760
Speaker 20: line of the economy with tons of experience, but the

1345
01:05:13,800 --> 01:05:15,760
Speaker 20: mood here is really positive and they want to be

1346
01:05:15,800 --> 01:05:20,800
Speaker 20: actively involved in the recovery. So you know, no, it's

1347
01:05:20,840 --> 01:05:22,919
Speaker 20: to me, it's very very positive. But are we listening

1348
01:05:22,920 --> 01:05:24,280
Speaker 20: one hundred percent with listened.

1349
01:05:24,120 --> 01:05:25,640
Speaker 2: And chrystoph luxon at fifteen?

1350
01:05:26,480 --> 01:05:26,560
Speaker 19: What?

1351
01:05:26,960 --> 01:05:28,760
Speaker 2: How do you, I mean, how do you explain that

1352
01:05:28,760 --> 01:05:29,640
Speaker 2: that's not good enough?

1353
01:05:29,680 --> 01:05:29,880
Speaker 5: Is it?

1354
01:05:29,920 --> 01:05:30,520
Speaker 2: As a leader?

1355
01:05:31,920 --> 01:05:32,040
Speaker 19: Well?

1356
01:05:32,040 --> 01:05:34,120
Speaker 20: Look, I can only speak to it as a as

1357
01:05:34,120 --> 01:05:36,680
Speaker 20: a member of his team, and I think that overall,

1358
01:05:36,720 --> 01:05:39,320
Speaker 20: when you look at it, the government's actually doing quite

1359
01:05:39,360 --> 01:05:42,720
Speaker 20: well and he's the leader. He's the guy that's making

1360
01:05:42,720 --> 01:05:45,160
Speaker 20: that happen. So, as you know, you probably talk to

1361
01:05:45,200 --> 01:05:47,200
Speaker 20: the wrong guy. Because I've got enormous respect for him.

1362
01:05:47,240 --> 01:05:49,680
Speaker 20: I've worked with under lots of good leaders. He is

1363
01:05:49,720 --> 01:05:52,320
Speaker 20: outstanding and when you actually look at his ratings and

1364
01:05:52,360 --> 01:05:55,400
Speaker 20: go through it, you know, the top rating leverages his

1365
01:05:55,520 --> 01:05:58,640
Speaker 20: personal brand for New Zealand businesses advantage, you know, three

1366
01:05:58,680 --> 01:06:00,840
Speaker 20: point three point eight three. I mean I've been on

1367
01:06:00,880 --> 01:06:03,280
Speaker 20: two trade missions with him. Everyone will tell you that

1368
01:06:03,320 --> 01:06:06,040
Speaker 20: he is relentlessly The energy that he brings and the

1369
01:06:06,080 --> 01:06:09,200
Speaker 20: promotion that he's doing for us overseas.

1370
01:06:09,520 --> 01:06:12,919
Speaker 11: When this guy, this guy has promoted himself by being

1371
01:06:12,960 --> 01:06:15,040
Speaker 11: a leader in the business community, and these are his

1372
01:06:15,200 --> 01:06:18,640
Speaker 11: own mates in the business community ranking him at fifteen

1373
01:06:18,720 --> 01:06:21,520
Speaker 11: in his own cabinet, that's not a good sign at all.

1374
01:06:21,640 --> 01:06:24,000
Speaker 11: And they it shows that he's got no plan to

1375
01:06:24,080 --> 01:06:26,760
Speaker 11: create jobs and no one's got any faith in his

1376
01:06:26,800 --> 01:06:29,000
Speaker 11: ability to turn the economy around. And that is a

1377
01:06:29,040 --> 01:06:30,640
Speaker 11: real consume for this government.

1378
01:06:31,240 --> 01:06:33,360
Speaker 20: Just on the job, just on the jobs front, very quickly,

1379
01:06:33,400 --> 01:06:36,840
Speaker 20: is that when Labour went out of government, the projections

1380
01:06:36,920 --> 01:06:39,160
Speaker 20: were under them that would be in a worse stake

1381
01:06:39,280 --> 01:06:41,480
Speaker 20: now in terms of unemployment than what we currently are.

1382
01:06:41,960 --> 01:06:43,840
Speaker 20: So you know, we're actually a better place than what

1383
01:06:43,880 --> 01:06:45,080
Speaker 20: we would have been under Labor.

1384
01:06:45,640 --> 01:06:46,400
Speaker 3: We recognize that.

1385
01:06:46,440 --> 01:06:47,480
Speaker 20: There's that we recognize.

1386
01:06:47,480 --> 01:06:51,280
Speaker 11: I think struggling on that one, and I think everyone shrunk.

1387
01:06:51,800 --> 01:06:54,240
Speaker 11: Economy has shrunk and on the edge of a recession.

1388
01:06:54,240 --> 01:06:57,280
Speaker 11: We've seen a reduction and GDP in that last report.

1389
01:06:57,360 --> 01:06:59,280
Speaker 11: You know that, and we know the cost of living

1390
01:06:59,360 --> 01:07:02,480
Speaker 11: is up. He we's are out of work in record numbers,

1391
01:07:02,480 --> 01:07:05,760
Speaker 11: are leaving the country. Cannot tell people what things are

1392
01:07:05,760 --> 01:07:06,240
Speaker 11: getting better.

1393
01:07:07,440 --> 01:07:08,240
Speaker 3: I'm getting worse.

1394
01:07:08,760 --> 01:07:10,880
Speaker 20: What I'm saying Jenny is that. Yes, I can say

1395
01:07:10,920 --> 01:07:13,040
Speaker 20: that we're at a better place than what was projected

1396
01:07:13,120 --> 01:07:15,880
Speaker 20: under the labor government. Yes, we own a recovery. Yes

1397
01:07:15,920 --> 01:07:18,480
Speaker 20: it is hard, it is difficult, but we remained focused

1398
01:07:18,480 --> 01:07:20,720
Speaker 20: on it. And the mood he is quite simply that

1399
01:07:20,760 --> 01:07:23,400
Speaker 20: the CEOs and the businesses want to be more optimistic

1400
01:07:23,440 --> 01:07:25,480
Speaker 20: and they want to be adding to that and fueling

1401
01:07:25,480 --> 01:07:26,040
Speaker 20: the recovery.

1402
01:07:26,120 --> 01:07:29,120
Speaker 2: Okay, real quick, hold on, hold on, holday out of touch?

1403
01:07:29,200 --> 01:07:29,520
Speaker 5: All right?

1404
01:07:29,560 --> 01:07:31,479
Speaker 2: Okay, more and more in a moment fourteen past eight.

1405
01:07:32,120 --> 01:07:36,720
Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered

1406
01:07:36,720 --> 01:07:37,440
Speaker 1: by News.

1407
01:07:37,200 --> 01:07:40,400
Speaker 2: Talks It be this Talks will be seventeen past eight

1408
01:07:41,080 --> 01:07:44,360
Speaker 2: Jinny Anderson and Mark Mitchell. Willis just quickly, Jinny, there's

1409
01:07:44,400 --> 01:07:46,280
Speaker 2: not a political question, but just let me ask this

1410
01:07:46,320 --> 01:07:47,920
Speaker 2: before I come back to the marketing for you guys,

1411
01:07:47,920 --> 01:07:50,480
Speaker 2: in this mood of the boardroom, the Palestinian thing, which

1412
01:07:50,520 --> 01:07:52,600
Speaker 2: may or may not be coming on Saturday morning our time,

1413
01:07:53,080 --> 01:07:55,120
Speaker 2: why did you guys, did you guys ever think about

1414
01:07:55,120 --> 01:07:56,720
Speaker 2: it in your time six years in officer? Did you

1415
01:07:56,760 --> 01:07:58,520
Speaker 2: ever think about it, talk about it, act on it,

1416
01:07:58,600 --> 01:07:59,440
Speaker 2: do anything about it?

1417
01:07:59,520 --> 01:07:59,840
Speaker 5: Or is it?

1418
01:08:00,240 --> 01:08:04,320
Speaker 2: Can't understand the fascination slash obsession. We've had with it

1419
01:08:04,360 --> 01:08:05,240
Speaker 2: in the last few weeks.

1420
01:08:06,280 --> 01:08:08,480
Speaker 11: It never came up when I was a miniSTR in cabinet.

1421
01:08:08,600 --> 01:08:11,800
Speaker 11: Wasn't something that I'm discussing. But you know, I think

1422
01:08:11,840 --> 01:08:16,320
Speaker 11: it's important that people are completely intolerant of the level

1423
01:08:16,360 --> 01:08:19,479
Speaker 11: of suffering of hundreds of thousands of innocent civilians.

1424
01:08:19,520 --> 01:08:20,599
Speaker 2: Well, I think they are, aren't they.

1425
01:08:20,680 --> 01:08:23,839
Speaker 11: It's time that we made esteemed And it seems weird

1426
01:08:23,920 --> 01:08:25,760
Speaker 11: that they've made a decision, but they're not going to

1427
01:08:25,800 --> 01:08:29,600
Speaker 11: tell anybody. What's the point. Christopher Luxan has dragged his

1428
01:08:29,720 --> 01:08:32,599
Speaker 11: heels on this one for too long. Well, it seems

1429
01:08:32,600 --> 01:08:35,439
Speaker 11: like there's some sort of disagreement between coalition partners.

1430
01:08:35,640 --> 01:08:37,720
Speaker 2: Well, it's true, but that's that's not the end of

1431
01:08:37,760 --> 01:08:39,880
Speaker 2: the world, because that is coalition partners. Mark a hand

1432
01:08:39,960 --> 01:08:43,680
Speaker 2: on heart. Do you know what you've decided yet? Or

1433
01:08:43,720 --> 01:08:48,120
Speaker 2: as honestly, Winston wandering around New York meeting with people

1434
01:08:48,160 --> 01:08:50,240
Speaker 2: still trying to allegedly make up his mind.

1435
01:08:51,720 --> 01:08:53,639
Speaker 20: Well, I think he is doing the right thing. I mean,

1436
01:08:53,680 --> 01:08:55,280
Speaker 20: you know, the stakes are very high with this sort

1437
01:08:55,280 --> 01:08:57,320
Speaker 20: of stuff, and it does matter. Are they what you

1438
01:08:57,400 --> 01:08:59,600
Speaker 20: do and what you say?

1439
01:08:59,560 --> 01:08:59,640
Speaker 1: Ye?

1440
01:09:00,120 --> 01:09:02,000
Speaker 20: They are and I think then, you know, so Winston's

1441
01:09:02,000 --> 01:09:03,519
Speaker 20: definitely doing the right thing. All I can do is

1442
01:09:03,560 --> 01:09:05,559
Speaker 20: shear my own experiences, having been up in the Middle

1443
01:09:05,560 --> 01:09:08,360
Speaker 20: East for quite some time, is that everyone up there

1444
01:09:08,960 --> 01:09:11,000
Speaker 20: totally agrees that you're never going to get lasting peace

1445
01:09:11,000 --> 01:09:13,360
Speaker 20: in the Middle East until you get a two state solution.

1446
01:09:13,880 --> 01:09:15,840
Speaker 20: To do that, you need governments on both sides that

1447
01:09:15,880 --> 01:09:17,479
Speaker 20: are wanting to get around the table and are highly

1448
01:09:17,520 --> 01:09:20,000
Speaker 20: motivated to make compromises and actually achieve it.

1449
01:09:20,680 --> 01:09:21,559
Speaker 3: That feels like it's.

1450
01:09:21,479 --> 01:09:24,080
Speaker 20: A long way away at the moment. I think there's

1451
01:09:24,080 --> 01:09:25,920
Speaker 20: a lot of retrick that happens down here. I think

1452
01:09:25,920 --> 01:09:29,439
Speaker 20: that for me personally, my old job was to get

1453
01:09:29,520 --> 01:09:32,720
Speaker 20: to aid into areas struck by you know, conflict, and

1454
01:09:34,160 --> 01:09:36,080
Speaker 20: and so I've been working very hard to try and

1455
01:09:36,080 --> 01:09:39,240
Speaker 20: do that on a on a ground on you know,

1456
01:09:39,840 --> 01:09:41,639
Speaker 20: on the cold face of actually trying to get things

1457
01:09:41,680 --> 01:09:44,559
Speaker 20: in there. So, but the decision itself will be quite

1458
01:09:44,720 --> 01:09:47,920
Speaker 20: simply that the Foreign Minister and the Prime Minister and

1459
01:09:47,920 --> 01:09:51,240
Speaker 20: obviously our cabinet will come to a final decision. We've

1460
01:09:51,240 --> 01:09:54,080
Speaker 20: got our Foreign minister that's taken a very careful approach

1461
01:09:54,120 --> 01:09:55,640
Speaker 20: to it, and I think that's the right thing to

1462
01:09:55,680 --> 01:09:56,680
Speaker 20: do you.

1463
01:09:56,800 --> 01:09:59,719
Speaker 11: I thought they'd made a decision, but of course.

1464
01:09:59,560 --> 01:10:01,479
Speaker 2: They've made it decision. They're just mucking around with it.

1465
01:10:01,520 --> 01:10:03,920
Speaker 2: We all know that Hipkins gets two out of five

1466
01:10:04,720 --> 01:10:07,679
Speaker 2: and runs the risk of being invisible. Do you take

1467
01:10:07,840 --> 01:10:08,679
Speaker 2: that on board.

1468
01:10:10,479 --> 01:10:12,920
Speaker 11: The biggest thing is that that the leader and the

1469
01:10:12,960 --> 01:10:17,040
Speaker 11: deputy leader of the government renked way back.

1470
01:10:17,120 --> 01:10:19,080
Speaker 2: I think that's a but they score better than Hipkins.

1471
01:10:19,120 --> 01:10:19,360
Speaker 12: Stuff.

1472
01:10:20,520 --> 01:10:23,040
Speaker 11: They're the government, they're meant to be in control and

1473
01:10:23,080 --> 01:10:26,280
Speaker 11: fixing the economy, and the business community are voting quite

1474
01:10:26,280 --> 01:10:27,879
Speaker 11: loudly that they have no confidence.

1475
01:10:29,720 --> 01:10:32,120
Speaker 2: Come on, they're not saying there's no confidence, there's actually

1476
01:10:32,120 --> 01:10:34,800
Speaker 2: reasonably scored. Hipkins are two is not a good score.

1477
01:10:35,080 --> 01:10:35,760
Speaker 11: It's pretty low.

1478
01:10:35,880 --> 01:10:43,160
Speaker 2: Hipkins is lower than all twenty eight members of the cabinet.

1479
01:10:43,640 --> 01:10:46,760
Speaker 11: It reflects the fact that we've got policy coming an

1480
01:10:46,800 --> 01:10:49,559
Speaker 11: election year, will have some soon and I think people

1481
01:10:49,640 --> 01:10:52,040
Speaker 11: are good that people are excited and looking forward to

1482
01:10:52,160 --> 01:10:54,439
Speaker 11: us having policy, and we'll make sure that it's good

1483
01:10:54,479 --> 01:10:54,920
Speaker 11: when it comes.

1484
01:10:55,080 --> 01:10:57,680
Speaker 2: We're excited. The stuff that's coming before the end of

1485
01:10:57,680 --> 01:11:02,040
Speaker 2: the year is your tax, right, That's what we said. Yep, Okay,

1486
01:11:02,160 --> 01:11:04,560
Speaker 2: do you know what that looks like? Roughly as you

1487
01:11:04,600 --> 01:11:07,040
Speaker 2: said here talking to us from an Italian evening.

1488
01:11:07,840 --> 01:11:11,639
Speaker 11: Those those details are being worked through by Chris Hopkins

1489
01:11:11,760 --> 01:11:15,160
Speaker 11: and Barbara Edmonds and those the other two that work

1490
01:11:15,200 --> 01:11:17,680
Speaker 11: through those details.

1491
01:11:16,600 --> 01:11:20,720
Speaker 20: Okay, Mike, I hope you don't mind me doing this,

1492
01:11:20,800 --> 01:11:23,080
Speaker 20: but I just I've been reflecting a lot on these

1493
01:11:23,120 --> 01:11:26,120
Speaker 20: things and no, no, no, and I'm definitely not gonna

1494
01:11:26,120 --> 01:11:29,960
Speaker 20: say I can't do that. But but look, I actually

1495
01:11:29,960 --> 01:11:31,160
Speaker 20: just wanted to give a shout out.

1496
01:11:31,439 --> 01:11:34,880
Speaker 11: I believe these calipon again, he doesn't every week, Mark,

1497
01:11:34,960 --> 01:11:36,080
Speaker 11: We're going to stop on Mike.

1498
01:11:38,840 --> 01:11:39,320
Speaker 5: I don't know.

1499
01:11:39,360 --> 01:11:40,920
Speaker 2: It could be really good.

1500
01:11:40,320 --> 01:11:45,519
Speaker 11: It's like Mark's weekly shout out time, like I think,

1501
01:11:45,560 --> 01:11:47,560
Speaker 11: I think to find out.

1502
01:11:47,840 --> 01:11:49,760
Speaker 20: So my shoutout is suddenly that label will never do

1503
01:11:49,800 --> 01:11:51,759
Speaker 20: because they try to take the credit for everything themselves.

1504
01:11:51,800 --> 01:11:53,839
Speaker 20: But I'm going to do a shout out to my chief,

1505
01:11:54,080 --> 01:11:57,559
Speaker 20: to my chief executives, the communities, move and sing them police,

1506
01:11:57,640 --> 01:12:01,719
Speaker 20: Richard Chambers, Corrections, Jeremy Lightfoot, Nima, a've Gorne, CFO, Karen

1507
01:12:01,800 --> 01:12:05,160
Speaker 20: Chang and sport and railing castles and their teens, because

1508
01:12:05,479 --> 01:12:07,439
Speaker 20: you know what, it's them that's doing the hard yards

1509
01:12:07,439 --> 01:12:09,519
Speaker 20: and the hard work. And Ginny I was on the

1510
01:12:09,520 --> 01:12:12,000
Speaker 20: phone this week to a police constable, young police constable

1511
01:12:12,040 --> 01:12:14,599
Speaker 20: and road Rule that was in hospital waiting for surgery

1512
01:12:14,600 --> 01:12:17,040
Speaker 20: to your arm because you got more by pitbull, and

1513
01:12:17,080 --> 01:12:19,360
Speaker 20: a female Correctans officer that was slash in the face.

1514
01:12:19,600 --> 01:12:21,439
Speaker 20: These are the guys out there doing the hard yards,

1515
01:12:21,479 --> 01:12:24,080
Speaker 20: doing the work and actually delivering for our country. And

1516
01:12:24,120 --> 01:12:29,760
Speaker 20: so you know, the politicians are agreed.

1517
01:12:29,800 --> 01:12:31,679
Speaker 11: One I'd like to add one. I'd like to shout

1518
01:12:31,720 --> 01:12:34,559
Speaker 11: out to working mums right across New Zealand are working

1519
01:12:34,600 --> 01:12:35,519
Speaker 11: hard every day.

1520
01:12:35,320 --> 01:12:36,559
Speaker 5: Some of them they are working.

1521
01:12:38,800 --> 01:12:41,200
Speaker 11: And I'd like to all those working mums under the

1522
01:12:41,240 --> 01:12:43,559
Speaker 11: cost of learnin crisis who are struggling under this government.

1523
01:12:43,640 --> 01:12:46,840
Speaker 11: Put food on the table every week. I like to

1524
01:12:45,760 --> 01:12:48,280
Speaker 11: sell the wonderful ones that you've done.

1525
01:12:49,040 --> 01:12:52,080
Speaker 2: You just stuck through this particular segment right to the

1526
01:12:52,160 --> 01:12:54,040
Speaker 2: end without pulling their hair up.

1527
01:12:54,200 --> 01:12:56,800
Speaker 20: So what Jenny just did there is that that was

1528
01:12:56,800 --> 01:12:58,280
Speaker 20: a shout out to all of our people on the

1529
01:12:58,280 --> 01:12:59,760
Speaker 20: front line, and she politicized it.

1530
01:12:59,800 --> 01:13:01,160
Speaker 5: And is it all right?

1531
01:13:01,400 --> 01:13:03,000
Speaker 2: Nice to see you guys, Ginny, have a good break.

1532
01:13:03,040 --> 01:13:04,000
Speaker 2: How long are you away for?

1533
01:13:04,200 --> 01:13:06,040
Speaker 18: Thank you back next week?

1534
01:13:06,080 --> 01:13:07,559
Speaker 2: All right? Good on, You're nice to see you marke

1535
01:13:07,640 --> 01:13:10,840
Speaker 2: enjoy the Yeah Rich the good drinks and nibbles. At

1536
01:13:10,880 --> 01:13:12,320
Speaker 2: the session mark.

1537
01:13:13,160 --> 01:13:14,439
Speaker 20: There was a nice breakfast come out.

1538
01:13:14,479 --> 01:13:17,519
Speaker 2: But I want to speak with you guys, so that's

1539
01:13:17,560 --> 01:13:19,840
Speaker 2: the herald for you. Nice to see you guys, Mike Mitchell,

1540
01:13:19,840 --> 01:13:21,280
Speaker 2: Ginny Anderson at twenty three.

1541
01:13:21,920 --> 01:13:25,600
Speaker 1: The Mike Casting Breakfast with's rainthrowvern use Tog's dead v No.

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1545
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1549
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Speaker 2: you do the design, so the easy tools that you

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01:13:53,360 --> 01:13:55,960
Speaker 2: customize the cabinet size is no extra cost. You can

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Speaker 2: choose from over thirty five color options. Once you've locked

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Speaker 2: manufacture your kitchen right here in the country seven d

1555
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Speaker 2: eight just like that everything dispatched your door. What you

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Speaker 2: You don't need to be a DIY pro either, because

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1558
01:14:12,640 --> 01:14:16,080
Speaker 2: When the housing market flat, strategic improve into your best investment.

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Speaker 2: So get the exact kitchen you want, add the real

1560
01:14:18,600 --> 01:14:21,280
Speaker 2: value to your home, say thousands. In the process, you

1561
01:14:21,360 --> 01:14:24,200
Speaker 2: do it, ud uit. The customers are proud to say

1562
01:14:24,320 --> 01:14:27,920
Speaker 2: I did it myself. Tasking what good news for elbow?

1563
01:14:27,920 --> 01:14:29,719
Speaker 2: You wait till you hear what Trump has said about Ukraine.

1564
01:14:29,720 --> 01:14:31,479
Speaker 2: He's met with Zelensky this morning. I have that for

1565
01:14:31,520 --> 01:14:34,160
Speaker 2: you very shortly. But also they've locked in a meeting

1566
01:14:34,200 --> 01:14:38,760
Speaker 2: Albanezi and Trump. Twentieth of October, White House confirmed, well,

1567
01:14:39,840 --> 01:14:43,360
Speaker 2: third time in six months. It's confirmed until it's canceled.

1568
01:14:44,320 --> 01:14:47,200
Speaker 3: News, opinion, and everything in between.

1569
01:14:47,560 --> 01:14:51,360
Speaker 1: The Mic Hosking breakfast with Bailey's real Estate covering all

1570
01:14:51,479 --> 01:14:54,120
Speaker 1: your real estate needs use togstead b It's.

1571
01:14:53,960 --> 01:14:55,559
Speaker 2: Hard to believe he comes out I mean how I

1572
01:14:55,600 --> 01:14:57,000
Speaker 2: was going to say, it's hard to believe he comes

1573
01:14:57,000 --> 01:14:59,360
Speaker 2: out with the stuff sometimes, But then again, is so

1574
01:14:59,479 --> 01:15:02,960
Speaker 2: Trump on through social this morning quote after getting to

1575
01:15:03,000 --> 01:15:06,839
Speaker 2: know and fully understand the Ukraine, Russia military and economic situation.

1576
01:15:08,400 --> 01:15:11,120
Speaker 2: So just that for a start, what's he been doing

1577
01:15:11,240 --> 01:15:13,799
Speaker 2: up until now as the president of the United States

1578
01:15:13,920 --> 01:15:16,800
Speaker 2: When he invited Putin a few weeks ago to come

1579
01:15:16,960 --> 01:15:19,960
Speaker 2: and solve the problem with the war, having promised on

1580
01:15:20,120 --> 01:15:24,400
Speaker 2: the election campaign trail to solve it on day one?

1581
01:15:25,439 --> 01:15:27,400
Speaker 2: Did he not know what was going on? So quote

1582
01:15:27,400 --> 01:15:29,160
Speaker 2: once again for this morning, after getting to know and

1583
01:15:29,200 --> 01:15:32,559
Speaker 2: fully understand the Ukraine Russia military and economic situation, and

1584
01:15:32,640 --> 01:15:35,240
Speaker 2: after seeing the economic trouble it is causing Russia, I

1585
01:15:35,280 --> 01:15:38,600
Speaker 2: think Ukraine, with the support of the European Union, is

1586
01:15:38,640 --> 01:15:41,839
Speaker 2: in a position to fight and win all of Ukraine

1587
01:15:41,920 --> 01:15:45,880
Speaker 2: back in its original form, with time, patients and the

1588
01:15:45,880 --> 01:15:49,000
Speaker 2: financial support of Europe and in particular NATO. The original

1589
01:15:49,000 --> 01:15:51,800
Speaker 2: borders from where this war started is very much an option.

1590
01:15:52,240 --> 01:15:55,280
Speaker 2: Why not Russia has been fighting aimlessly for three and

1591
01:15:55,280 --> 01:15:56,840
Speaker 2: a half years, a war that should have taken a

1592
01:15:56,880 --> 01:15:58,880
Speaker 2: real military power less than a week to win. This

1593
01:15:59,000 --> 01:16:01,519
Speaker 2: is not distinguishing, In fact, it's very much making them

1594
01:16:01,560 --> 01:16:04,800
Speaker 2: look like a paper tiger. Then perhaps the weirdest thing

1595
01:16:05,640 --> 01:16:07,800
Speaker 2: Ukraine would be able to take back their country in

1596
01:16:07,800 --> 01:16:11,719
Speaker 2: its original form, and who knows, maybe even go further

1597
01:16:11,800 --> 01:16:17,080
Speaker 2: than that. Honestly, twenty two minutes away from.

1598
01:16:17,000 --> 01:16:21,280
Speaker 1: Nine International correspondence with ends and eye insurance, peace of

1599
01:16:21,320 --> 01:16:23,479
Speaker 1: mind for New Zealand business as.

1600
01:16:23,439 --> 01:16:25,000
Speaker 2: Sordy, we go down a Shanna hands back. Well, it's

1601
01:16:25,000 --> 01:16:28,519
Speaker 2: thennice morning to you. Good morning, so the very good news,

1602
01:16:28,560 --> 01:16:30,519
Speaker 2: and I announced it just about ten to fifteen minutes ago.

1603
01:16:30,800 --> 01:16:32,960
Speaker 2: He's well, I mean, for now he's got a meeting

1604
01:16:33,000 --> 01:16:35,519
Speaker 2: locked in. It's October twenty and so I assume he

1605
01:16:35,560 --> 01:16:37,080
Speaker 2: comes home and then goes back and it's in the

1606
01:16:37,080 --> 01:16:39,360
Speaker 2: White House. So dreams come true.

1607
01:16:40,000 --> 01:16:45,240
Speaker 5: Yes, that's true. Why, of course, what it now means

1608
01:16:45,320 --> 01:16:47,120
Speaker 5: is that Antony Albinot is going to have to sit

1609
01:16:47,200 --> 01:16:51,040
Speaker 5: in that Zolinek seat in the Oval Office with a

1610
01:16:51,080 --> 01:16:53,519
Speaker 5: one on one press conference with the President of the

1611
01:16:53,600 --> 01:16:59,200
Speaker 5: United States, which can go, you know, various ways. But

1612
01:16:59,680 --> 01:17:03,360
Speaker 5: what's happened is that they've decided there would be no

1613
01:17:03,479 --> 01:17:07,160
Speaker 5: meeting in New York, not even a pull aside or whatever.

1614
01:17:07,479 --> 01:17:11,599
Speaker 5: The Australians were justified, but very concerned that if they

1615
01:17:11,640 --> 01:17:14,960
Speaker 5: suggested there would be a meeting, it would be canceled

1616
01:17:15,040 --> 01:17:17,800
Speaker 5: and then it would look even worse. As we were

1617
01:17:17,840 --> 01:17:20,559
Speaker 5: saying on Monday, it's getting to the point where just

1618
01:17:20,680 --> 01:17:24,640
Speaker 5: a meeting was starting to be a real issue. But

1619
01:17:24,920 --> 01:17:28,840
Speaker 5: now what this means is that there's no discussion of

1620
01:17:28,960 --> 01:17:32,640
Speaker 5: all the great priorities that Anthony Albinez went to New

1621
01:17:32,720 --> 01:17:37,679
Speaker 5: York to talk to President Trump about China, the nuclear

1622
01:17:37,720 --> 01:17:43,720
Speaker 5: submarine agreement, tariff's trade, migration, all these areas are not

1623
01:17:43,800 --> 01:17:48,000
Speaker 5: going to now be discussed till October, which is good

1624
01:17:48,040 --> 01:17:50,040
Speaker 5: in one way. It means that they'll at least be

1625
01:17:50,800 --> 01:17:54,600
Speaker 5: very well considered. But it also means that out of

1626
01:17:54,640 --> 01:17:58,080
Speaker 5: the trip to New York, the concentration is completely on

1627
01:17:58,160 --> 01:18:03,519
Speaker 5: Palestine and Australia's recognition of Palestine, yes, and the large

1628
01:18:03,600 --> 01:18:06,759
Speaker 5: number of the other UN members. But it now means

1629
01:18:06,840 --> 01:18:10,440
Speaker 5: that Anthony Albernasi has spent this is his longest trip overseas.

1630
01:18:10,880 --> 01:18:13,920
Speaker 5: He's still going to the UK after this, on the

1631
01:18:14,000 --> 01:18:20,559
Speaker 5: longest trip overseas, including the US. The whole focus has

1632
01:18:20,600 --> 01:18:24,759
Speaker 5: been the Palestinian recognition of a state that doesn't exist,

1633
01:18:24,880 --> 01:18:29,200
Speaker 5: and he's getting a lot of criticism from or about

1634
01:18:29,360 --> 01:18:34,120
Speaker 5: and so particularly from Donald Trump and others. So I

1635
01:18:34,200 --> 01:18:39,240
Speaker 5: think that the trip to New York sometimes you know,

1636
01:18:39,680 --> 01:18:42,799
Speaker 5: is quite good for an Australian Prime minister. This one

1637
01:18:43,160 --> 01:18:46,680
Speaker 5: he sees is good because it's got the Palestinian focus.

1638
01:18:46,800 --> 01:18:48,760
Speaker 5: But I don't think in the end it's going to

1639
01:18:48,800 --> 01:18:53,160
Speaker 5: be seen as a substantial result for Anthony alberinasing.

1640
01:18:53,080 --> 01:18:54,800
Speaker 2: What's he doing in Brittainy has already been I mean

1641
01:18:55,000 --> 01:18:58,000
Speaker 2: for a person who's called the nebas elbow, he's not mind.

1642
01:18:58,040 --> 01:19:00,439
Speaker 2: He's got so much political capital to burn these days.

1643
01:19:00,640 --> 01:19:01,760
Speaker 2: He's probably not worried, does he.

1644
01:19:02,680 --> 01:19:05,360
Speaker 5: Well, you see, this is the curious thing that he's

1645
01:19:05,479 --> 01:19:09,200
Speaker 5: going to the UK in part you see, this was

1646
01:19:09,320 --> 01:19:14,160
Speaker 5: partly so that he could talk to sirccurse Darma about

1647
01:19:14,320 --> 01:19:19,960
Speaker 5: UCUS after having spoken to President Trump about Orcus. So

1648
01:19:20,040 --> 01:19:24,000
Speaker 5: he was going to go from New York speaking to

1649
01:19:24,200 --> 01:19:28,519
Speaker 5: Donald Trump about the US alliance and the Orcus Nuclear

1650
01:19:28,600 --> 01:19:32,719
Speaker 5: submarine deal, then go to London and speak to sirccurse

1651
01:19:32,800 --> 01:19:36,240
Speaker 5: Tarma about the other side of the deal, as three

1652
01:19:36,280 --> 01:19:38,600
Speaker 5: of us in it and the UK is in. So

1653
01:19:38,800 --> 01:19:42,200
Speaker 5: now what does he talk about the skis Starmer. There's

1654
01:19:42,240 --> 01:19:45,000
Speaker 5: also some suggestions he might go to the Labor Party,

1655
01:19:45,120 --> 01:19:50,200
Speaker 5: that is, the UK Labor Party conference with sirccurse Armer's

1656
01:19:50,280 --> 01:19:54,559
Speaker 5: leadership in dire strait. I think if I was the

1657
01:19:54,640 --> 01:19:57,000
Speaker 5: leader of the Australian Labor Party. I wouldn't be going

1658
01:19:57,040 --> 01:20:01,240
Speaker 5: anywhere near it. So I think this trip turning into

1659
01:20:01,720 --> 01:20:06,840
Speaker 5: somewhat of a downside on the politics that yes, he

1660
01:20:07,000 --> 01:20:11,879
Speaker 5: has such a majority, he can afford to burn some capital,

1661
01:20:12,240 --> 01:20:16,200
Speaker 5: and he's looking at Susan Leeliam thinking she's not really much.

1662
01:20:16,040 --> 01:20:18,320
Speaker 2: Competition, speaking of what she's been on the phone, I

1663
01:20:18,360 --> 01:20:21,240
Speaker 2: know to the Australia, the Israeli Foreign Minister saying they'll

1664
01:20:21,240 --> 01:20:23,519
Speaker 2: flip the Palestine call in the Americans as well. Is

1665
01:20:23,840 --> 01:20:26,240
Speaker 2: there attraction for her and this or their party in

1666
01:20:26,280 --> 01:20:27,800
Speaker 2: this look?

1667
01:20:27,840 --> 01:20:33,839
Speaker 5: There is, I think that certainly amongst conservatives, and again

1668
01:20:34,360 --> 01:20:39,400
Speaker 5: because the focus has been on Palestine and there's no

1669
01:20:39,880 --> 01:20:45,320
Speaker 5: this doesn't have any commitments. The Australian recognition of Palestine

1670
01:20:45,479 --> 01:20:49,360
Speaker 5: was one of the earliest and it had no idea

1671
01:20:49,439 --> 01:20:51,759
Speaker 5: about yes, well we want this or that or whatever.

1672
01:20:52,760 --> 01:20:57,439
Speaker 5: There's no way that Palestine Palestinian authority can deliver on this.

1673
01:20:58,120 --> 01:21:02,080
Speaker 5: And I think that Susan Lee will get some strong

1674
01:21:02,160 --> 01:21:09,200
Speaker 5: support because there is still very strong Israeli support in Australia.

1675
01:21:09,240 --> 01:21:11,880
Speaker 5: But I think she's made one in the state and

1676
01:21:11,960 --> 01:21:17,400
Speaker 5: that she has written directly to the Israeli government, but

1677
01:21:17,560 --> 01:21:23,800
Speaker 5: also to US Republicans saying that who are opposed obviouslys

1678
01:21:23,840 --> 01:21:27,640
Speaker 5: to Palestinian recognition, saying that she'll do it now. It

1679
01:21:27,760 --> 01:21:31,160
Speaker 5: is perfectly reasonable for her to say we disagree with

1680
01:21:31,200 --> 01:21:33,800
Speaker 5: this policy. After all, it was a Labor party that

1681
01:21:33,880 --> 01:21:37,240
Speaker 5: broke more than fifty years bi partisanship on a two

1682
01:21:37,320 --> 01:21:42,000
Speaker 5: state relationship and our relationship with Israel. So she was

1683
01:21:42,160 --> 01:21:45,759
Speaker 5: entitled to say absolutely, and she would get some political reaction.

1684
01:21:46,280 --> 01:21:48,800
Speaker 5: But the way she's done it, she has now given

1685
01:21:48,880 --> 01:21:52,320
Speaker 5: Penny Wong and Antony Albanezing the ability to say she's

1686
01:21:52,360 --> 01:21:56,960
Speaker 5: gone rogue, she doesn't know what she's doing, she's mishandling it,

1687
01:21:57,000 --> 01:22:02,320
Speaker 5: and so forth. And so once again on a substantive issue,

1688
01:22:02,479 --> 01:22:07,160
Speaker 5: which is a problem for Anthony Albinating and Penuwong because

1689
01:22:07,200 --> 01:22:13,000
Speaker 5: they've made an ideological commitment. She has misplayed the politics

1690
01:22:13,040 --> 01:22:16,639
Speaker 5: to a degree and given them once again a chance

1691
01:22:16,720 --> 01:22:19,200
Speaker 5: to deflect and distract the public debate.

1692
01:22:19,360 --> 01:22:21,120
Speaker 2: Always a pleasure to make patch up soon. I appreciate

1693
01:22:21,160 --> 01:22:23,559
Speaker 2: it very much. Dennis Shanahan out of Australia the other

1694
01:22:23,600 --> 01:22:26,080
Speaker 2: thing just quickly, by the way, and we've all been there. Myers.

1695
01:22:26,840 --> 01:22:29,960
Speaker 2: So Myers spent a tremendous amount of money. They took

1696
01:22:29,960 --> 01:22:32,080
Speaker 2: a bit of a pounding yesterday because they was their

1697
01:22:32,080 --> 01:22:34,519
Speaker 2: first announcements. A woman called o Livia Worth, who's running

1698
01:22:34,520 --> 01:22:36,880
Speaker 2: the place. She's new. They spent a lot of money

1699
01:22:36,920 --> 01:22:39,639
Speaker 2: buying some brands at Meyer's nine hundred and fifty million dollars.

1700
01:22:40,200 --> 01:22:42,640
Speaker 2: They bought JJ's and Just Jeans and Dotty Importman's and

1701
01:22:42,720 --> 01:22:46,719
Speaker 2: Jackie E. And nothing's happened. So they spent that amount

1702
01:22:46,720 --> 01:22:48,840
Speaker 2: of money. Only one of those brands grew. Sales grew

1703
01:22:48,880 --> 01:22:50,760
Speaker 2: to zero point five percent. Second half as stronger than

1704
01:22:50,800 --> 01:22:53,080
Speaker 2: the first half. But they're taking a bath, so they've

1705
01:22:53,120 --> 01:22:56,400
Speaker 2: got some They've got some pr issues at good Old

1706
01:22:56,439 --> 01:22:59,479
Speaker 2: Myers Berk Street, Melbourne was my favorite Meers in Australia

1707
01:22:59,520 --> 01:23:00,280
Speaker 2: eight forty five.

1708
01:23:01,960 --> 01:23:06,360
Speaker 1: The Like Asking Breakfast Full Show podcast on iHeartRadio powered

1709
01:23:06,400 --> 01:23:07,400
Speaker 1: by News Talks.

1710
01:23:07,120 --> 01:23:07,400
Speaker 13: At b.

1711
01:23:08,960 --> 01:23:12,840
Speaker 2: Desturte former president of course and mayor for a while

1712
01:23:12,920 --> 01:23:16,519
Speaker 2: in the Philippines. He's been charged by the ICC. He's

1713
01:23:16,520 --> 01:23:19,880
Speaker 2: actually there. They flew in there, which is unusual. Normally

1714
01:23:19,920 --> 01:23:22,920
Speaker 2: they're in a centure and they sort of never appear

1715
01:23:22,920 --> 01:23:27,559
Speaker 2: in occasion they're doing nothing really happens anyway, indirectly in

1716
01:23:27,640 --> 01:23:31,120
Speaker 2: charge or behind killings nineteen people between twenty thirteen twenty

1717
01:23:31,120 --> 01:23:33,880
Speaker 2: sixteen when he was mayor. Another couple of charges when

1718
01:23:33,880 --> 01:23:36,479
Speaker 2: he was serving as president twenty sixteen through twenty twenty two.

1719
01:23:36,520 --> 01:23:39,439
Speaker 2: Second count murders of fourteen high value targets across the country.

1720
01:23:39,439 --> 01:23:41,800
Speaker 2: This was his whole crackdown on the drug thing. Third

1721
01:23:41,840 --> 01:23:43,599
Speaker 2: the murder and attempt to murder of forty five people

1722
01:23:43,600 --> 01:23:46,880
Speaker 2: in village clearance operations. So it'll be I mean those

1723
01:23:46,920 --> 01:23:49,479
Speaker 2: wheels if you ever think that justice turned slowly now

1724
01:23:49,520 --> 01:23:52,800
Speaker 2: and turns more slowly than the ICC. Lewis Hamilton sold

1725
01:23:52,800 --> 01:23:55,640
Speaker 2: all the cars, which I thought was interesting, and he

1726
01:23:55,720 --> 01:23:57,839
Speaker 2: had a good collection of them, a lot of the Mercedes,

1727
01:23:57,840 --> 01:23:59,560
Speaker 2: of course, and he would have got discounts because he

1728
01:23:59,600 --> 01:24:01,439
Speaker 2: was missing his driver, and he would have gone into

1729
01:24:01,439 --> 01:24:03,000
Speaker 2: the average show room at them. It's age. He goes,

1730
01:24:03,520 --> 01:24:05,920
Speaker 2: what's that little, that little a forty five worth? And

1731
01:24:05,960 --> 01:24:09,120
Speaker 2: they said for you, Hamilton, probably nothing anyway, point being,

1732
01:24:09,600 --> 01:24:11,840
Speaker 2: he doesn't have any cars anymore, sold the lot. He's

1733
01:24:11,880 --> 01:24:15,000
Speaker 2: into art and the only carried by. And I often

1734
01:24:15,040 --> 01:24:17,519
Speaker 2: thought that a lot of these guys have spectacular cars,

1735
01:24:17,560 --> 01:24:20,080
Speaker 2: and not surprisingly so, but I always thought that if

1736
01:24:20,120 --> 01:24:22,120
Speaker 2: you drive an F one car for a living, anything

1737
01:24:22,160 --> 01:24:25,000
Speaker 2: else is a bit kind of pedestrian, and I'd take

1738
01:24:25,000 --> 01:24:27,599
Speaker 2: an uber, I'd go it doesn't matter what I've got.

1739
01:24:28,800 --> 01:24:31,000
Speaker 2: It's never going to match an F one, is it. Therefore,

1740
01:24:31,000 --> 01:24:32,960
Speaker 2: if it isn't matching an F one in terms of

1741
01:24:33,000 --> 01:24:35,400
Speaker 2: all sorts of performance, then really what's the point of it.

1742
01:24:35,439 --> 01:24:36,400
Speaker 17: You wouldn't go yang wing.

1743
01:24:36,520 --> 01:24:38,720
Speaker 2: I wouldn't go yang wing. Now, I certainly wouldn't go

1744
01:24:38,800 --> 01:24:41,200
Speaker 2: yang wing. I guarantee you a bit you anything you want.

1745
01:24:41,439 --> 01:24:43,479
Speaker 2: There's not a single left one driver's got a yang Wing,

1746
01:24:44,000 --> 01:24:46,680
Speaker 2: not one. So anyway, he said, the only only one

1747
01:24:47,479 --> 01:24:49,600
Speaker 2: if he wanted to carry by an F forty, a

1748
01:24:49,680 --> 01:24:51,960
Speaker 2: famous Ferrari a forty, because that is a piece of art.

1749
01:24:52,040 --> 01:24:53,519
Speaker 2: And then that he is correct, And I don't know

1750
01:24:53,520 --> 01:24:55,240
Speaker 2: why he doesn't have an F forty. But he had

1751
01:24:55,240 --> 01:24:58,559
Speaker 2: a Bagani zonder, so that's gone. He had some laugh

1752
01:24:58,600 --> 01:25:01,200
Speaker 2: ferraris he had a laugh for which is a sporting

1753
01:25:01,240 --> 01:25:03,760
Speaker 2: version of a laugh. Ferrari had a Shelby Cobra. He

1754
01:25:03,840 --> 01:25:06,599
Speaker 2: had a McLaren F one, which is a famous famous car.

1755
01:25:07,360 --> 01:25:09,280
Speaker 2: He had a Mini Cooper. That'll be fun, wouldn't it.

1756
01:25:09,320 --> 01:25:10,880
Speaker 2: I mean, how many times do you honestly drive the

1757
01:25:10,960 --> 01:25:13,320
Speaker 2: Mini Cooper apart from never? And here's the weird thing

1758
01:25:13,360 --> 01:25:15,920
Speaker 2: about him, because he's a bit Can I say this

1759
01:25:15,960 --> 01:25:17,559
Speaker 2: without insulting him, because I love him, he's a bit

1760
01:25:17,600 --> 01:25:19,760
Speaker 2: of a tryhard. He said one of the reasons he

1761
01:25:19,840 --> 01:25:22,040
Speaker 2: sold all the cars was for the environment. Now think

1762
01:25:22,040 --> 01:25:24,479
Speaker 2: about this. If you've got a collection of cars that

1763
01:25:24,520 --> 01:25:27,439
Speaker 2: you're not driving, they're not impinging on the environment at all,

1764
01:25:27,640 --> 01:25:29,960
Speaker 2: are they really? And does he not think the people

1765
01:25:30,000 --> 01:25:31,360
Speaker 2: who bought the cars are going to drive them in

1766
01:25:31,360 --> 01:25:33,479
Speaker 2: some way, shape or form, so they're still polluting them.

1767
01:25:33,560 --> 01:25:35,760
Speaker 2: In fact, they might drive them, He wasn't exactly, they

1768
01:25:35,840 --> 01:25:37,800
Speaker 2: may drive them more. Yeah, so that'd be worse. And

1769
01:25:38,120 --> 01:25:40,880
Speaker 2: so you know, so don't do it for art. I

1770
01:25:40,880 --> 01:25:43,600
Speaker 2: don't mind, but don't pretend it's for the environment. And

1771
01:25:43,640 --> 01:25:46,320
Speaker 2: by owning these cars, as was pointed out in the

1772
01:25:46,400 --> 01:25:47,960
Speaker 2: video I saw the other day, which I thought was

1773
01:25:48,040 --> 01:25:50,519
Speaker 2: very apt, by owning these cars, you're not buying new

1774
01:25:50,600 --> 01:25:51,720
Speaker 2: cars that replace them.

1775
01:25:51,880 --> 01:25:53,280
Speaker 15: That Shellby Cobra is not an ev.

1776
01:25:54,080 --> 01:25:56,000
Speaker 2: No, it is not an ev. It's nineteen sixty six

1777
01:25:56,000 --> 01:25:58,680
Speaker 2: Shelby Cobra four two seven. They just probably just a

1778
01:25:58,720 --> 01:26:01,439
Speaker 2: small hybrid, but no, not a beer as we would

1779
01:26:01,680 --> 01:26:03,920
Speaker 2: as we would understand. But the environment is not affected

1780
01:26:03,920 --> 01:26:05,680
Speaker 2: one way or another by Lewis selling his cars. So

1781
01:26:05,760 --> 01:26:08,680
Speaker 2: let's not pretend they are nine minutes away from nine.

1782
01:26:09,120 --> 01:26:12,799
Speaker 3: The Mike Hosking Breakfast with Bailey's Real Estate News.

1783
01:26:12,600 --> 01:26:14,840
Speaker 2: Talks, there'd be That's what I love about the audience

1784
01:26:14,840 --> 01:26:17,200
Speaker 2: of this program. Are you reminding you correct? Mike Deturte

1785
01:26:17,360 --> 01:26:19,240
Speaker 2: still mare he got voter backedis the other day he

1786
01:26:19,280 --> 01:26:21,200
Speaker 2: did too, and they were wondering how he's going to

1787
01:26:21,240 --> 01:26:23,360
Speaker 2: run the town from the jail. Well, obviously he's not

1788
01:26:23,600 --> 01:26:26,719
Speaker 2: speaking of cars. Just quickly. Poor shares overnight in Europe

1789
01:26:27,400 --> 01:26:30,559
Speaker 2: fell seven percent because they are the latest to delay

1790
01:26:30,600 --> 01:26:33,880
Speaker 2: their EV roll out. And I'll tell you what this.

1791
01:26:34,120 --> 01:26:37,720
Speaker 2: The industry in Europe is absolutely beside themselves at the

1792
01:26:37,760 --> 01:26:42,600
Speaker 2: moment about how dangerous things are in general terms of

1793
01:26:41,920 --> 01:26:44,600
Speaker 2: the governments of that part of the world continue to

1794
01:26:44,680 --> 01:26:49,160
Speaker 2: insist on everyone converting to EV's when they're simply not going.

1795
01:26:49,160 --> 01:26:51,320
Speaker 2: There's very good piece if you watch Harry's garage look

1796
01:26:51,320 --> 01:26:55,000
Speaker 2: it up on YouTube. Harry Metcalfe and Clarkson Dude sort

1797
01:26:55,000 --> 01:26:58,000
Speaker 2: of the future of EV's in his latest video is

1798
01:26:58,000 --> 01:27:00,320
Speaker 2: about the ev market, specifically in Britain and now it's

1799
01:27:00,320 --> 01:27:04,320
Speaker 2: completely tanked. It's just a disaster. And the problem with

1800
01:27:04,400 --> 01:27:06,599
Speaker 2: it is is that jobs are on the line. People

1801
01:27:06,600 --> 01:27:09,360
Speaker 2: are being laid off, left, right and center. From Porsche's

1802
01:27:09,360 --> 01:27:12,360
Speaker 2: point of view, US import Tariff's decline in Chinese luxury market,

1803
01:27:12,400 --> 01:27:15,599
Speaker 2: slow down on the ramp up of electric mobility, upcoming

1804
01:27:15,640 --> 01:27:18,799
Speaker 2: line of sport utility SUV's originally planned is fully electric.

1805
01:27:18,880 --> 01:27:21,599
Speaker 2: Now it's not on It'll be a mixture of engines

1806
01:27:21,600 --> 01:27:23,880
Speaker 2: and hybrid. I mean the whole they've miss read. The

1807
01:27:24,160 --> 01:27:29,640
Speaker 2: politicians could not have misread this worse and the fallout

1808
01:27:29,920 --> 01:27:32,679
Speaker 2: is real for people and people's jobs. Five minutes away

1809
01:27:32,680 --> 01:27:33,360
Speaker 2: from nine.

1810
01:27:33,600 --> 01:27:38,639
Speaker 1: Trending now with Chemist Warehouse outbreaking Vida would sale on now.

1811
01:27:38,640 --> 01:27:40,320
Speaker 2: Now Trump earlier on this morning if you missed it,

1812
01:27:40,360 --> 01:27:42,280
Speaker 2: we featured at the start of the show. He's been

1813
01:27:42,360 --> 01:27:44,800
Speaker 2: giving the un a whole serve and you know, just

1814
01:27:44,920 --> 01:27:46,880
Speaker 2: doing generally what he does. And of course at the

1815
01:27:46,960 --> 01:27:49,479
Speaker 2: end of it, Daniel Dale, our old mate from CNN,

1816
01:27:49,560 --> 01:27:53,080
Speaker 2: does the old truth and not truth, and well how

1817
01:27:53,120 --> 01:27:54,200
Speaker 2: did he go? What have we got?

1818
01:27:54,560 --> 01:27:56,639
Speaker 14: There are a lot of issues there, so First of all,

1819
01:27:56,760 --> 01:27:59,320
Speaker 14: some of the conflicts he's counting as war as he

1820
01:27:59,439 --> 01:28:03,080
Speaker 14: resolved not actually wars at all. For example, Egypt and

1821
01:28:03,120 --> 01:28:06,479
Speaker 14: Ethiopia have argued over an Ethiopian dam project on the

1822
01:28:06,520 --> 01:28:09,000
Speaker 14: Blue Nile, but they were not in a raging war

1823
01:28:09,080 --> 01:28:12,360
Speaker 14: in which thousands of people were being killed. Similarly, Trump

1824
01:28:12,400 --> 01:28:16,280
Speaker 14: has claimed that he prevented conflict between Serbia and Kosovo

1825
01:28:16,560 --> 01:28:21,120
Speaker 14: from resuming, but they were not in a raging war either.

1826
01:28:21,400 --> 01:28:23,439
Speaker 14: There were a whole bunch of other planes that were

1827
01:28:23,520 --> 01:28:25,400
Speaker 14: just out in a fall, so I don't even have

1828
01:28:25,479 --> 01:28:27,439
Speaker 14: time to run through all of them. But on inflation,

1829
01:28:27,920 --> 01:28:30,879
Speaker 14: President Trump said the grocery prices are down during this presidency,

1830
01:28:31,120 --> 01:28:33,920
Speaker 14: they're up, and the pace of the increases is accelerating

1831
01:28:33,960 --> 01:28:37,439
Speaker 14: as the tearoffs take effect. He has claimed that inflation

1832
01:28:37,560 --> 01:28:40,680
Speaker 14: has been defeated in general. No, inflation is also accelerating

1833
01:28:40,720 --> 01:28:43,240
Speaker 14: in this two point nine percent last month from two

1834
01:28:43,240 --> 01:28:46,519
Speaker 14: point seven percent. He said that European electricity bills are high,

1835
01:28:46,560 --> 01:28:49,120
Speaker 14: which is true, but that ours are coming way down now.

1836
01:28:49,320 --> 01:28:52,080
Speaker 14: In the US they are increasing sharply, up six point

1837
01:28:52,160 --> 01:28:54,920
Speaker 14: two percent in August compared to a year prior. He

1838
01:28:55,000 --> 01:28:58,240
Speaker 14: claimed that he has secured seventeen trillion in investment in

1839
01:28:58,320 --> 01:29:00,880
Speaker 14: the US. Well, just yesterday his own White House Press

1840
01:29:00,880 --> 01:29:03,720
Speaker 14: secretary said it was about nine trillion in investment. So

1841
01:29:03,720 --> 01:29:05,640
Speaker 14: I don't know where the additional eight trillion in a

1842
01:29:05,760 --> 01:29:08,559
Speaker 14: day has come from. And even that initial nine trillion,

1843
01:29:08,560 --> 01:29:10,919
Speaker 14: the Press secretary clean is highly dubious.

1844
01:29:11,240 --> 01:29:13,400
Speaker 2: Yes it is, because even if she was right, which

1845
01:29:13,439 --> 01:29:15,840
Speaker 2: she isn't, nine trillion is larger than the GDP of

1846
01:29:15,920 --> 01:29:19,000
Speaker 2: every nation except the US in China. So let's be honest.

1847
01:29:19,040 --> 01:29:20,760
Speaker 2: He makes it up. But there was the worst part.

1848
01:29:20,800 --> 01:29:24,080
Speaker 2: The worst part was he eviscerated basically the world and

1849
01:29:24,200 --> 01:29:26,360
Speaker 2: said everyone a bunch of losers and you're all going

1850
01:29:26,400 --> 01:29:28,800
Speaker 2: to Hell in a handcard, and climate change as a scam.

1851
01:29:28,920 --> 01:29:30,960
Speaker 2: And so that's fine. He's entitled to say that because

1852
01:29:31,000 --> 01:29:33,160
Speaker 2: he's the President of the United States. Then he walked

1853
01:29:33,240 --> 01:29:36,280
Speaker 2: and sat down with guitarists and told him how fantastic

1854
01:29:36,360 --> 01:29:39,240
Speaker 2: the UN was and how cool. It's just like literally

1855
01:29:39,400 --> 01:29:41,280
Speaker 2: black and white. Yes, and no up on now and

1856
01:29:41,360 --> 01:29:45,160
Speaker 2: you can't keep up. Back tomorrow morning from six as always,

1857
01:29:45,320 --> 01:29:45,960
Speaker 2: Happy Days.

1858
01:29:49,320 --> 01:29:52,160
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1859
01:29:52,320 --> 01:29:55,360
Speaker 1: news talks. It'd be from six am weekdays, or follow

1860
01:29:55,439 --> 01:29:56,960
Speaker 1: the podcast on iHeartRadio