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Speaker 1: Setting the news agenda and digging into the issues. The

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Speaker 1: Mic Hosking breakfast with Bailey's real Estate, your local experts

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Speaker 1: across residential, commercial and rural news togs.

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Speaker 2: D be well.

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Speaker 3: You welcome today. Child support issues as more and more

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Speaker 3: parents to fold, We've got new ideas around tax and

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Speaker 3: retirement to deal with this country's debt. Are the Health

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Speaker 3: Minister on more and more electives being canceled? If a

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Speaker 3: coffee cost eight dollars, would you pay it? Are the

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Speaker 3: lads in the commentary box of course being a Monday,

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Speaker 3: Richard Arnold, Steve Price, they're pooning up as well.

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Speaker 4: Pasky, Welcome to the week.

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Speaker 3: Seven pass six right the interview Friday are six out

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Speaker 3: of ten for Karmela, four out of ten for ten,

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Speaker 3: five out of ten for CNN. CNN made a mistake

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Speaker 3: allowing it to be pre recorded. They made a mistake

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Speaker 3: allowing Uncle Tim to be present, although they did their

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Speaker 3: best to ignore them. And as far as I can

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Speaker 3: work out, the only people left in America who are

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Speaker 3: remotely interested in voting, remembering a lot don't, of course,

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Speaker 3: are those who may or may not be voting. Democrat

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Speaker 3: Trump support appeers locked in the reason the polls have

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Speaker 3: moved is because there are some Democrats who weren't going

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Speaker 3: to vote because of Biden who now might because of Harris. Now,

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Speaker 3: the advantage we in New Zealand had if you saw

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Speaker 3: this interview was we lived through the experiment that was

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Speaker 3: just Cinda A. Durn Harris is her or adournas Harris

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Speaker 3: sisters from another mother words salad. Experts thought bubble exponents

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Speaker 3: ideologue steeped in reality, well not in reality, but books

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Speaker 3: that they've read somewhere that might make a good way

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Speaker 3: to run a country. If we could get the undecided

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Speaker 3: Democrats and give them a quick lesson in adournism, it

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Speaker 3: would probably seal it for Trump. Dana Bash, who asked

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Speaker 3: the questions I think was under instruction. Ask a question

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Speaker 3: three times and if she still won't answer it, move on.

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Speaker 3: That seemed to be a sort of a theme. Harris

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Speaker 3: answers hardly anything by the time we were finished, and

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Speaker 3: let's be honest, it wasn't actually that long an interview.

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Speaker 3: But America was booming. The border was open, the border

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Speaker 3: was closed, money was flying, tax relief was everywhere. Bums

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Speaker 3: were being wiped and problems were solved in America was

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Speaker 3: the shining city on the hill. Ifony Reagan hadn't said

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Speaker 3: at first, she is essentially a fraud. But as I say,

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Speaker 3: Americans never had a durn, so haven't lived through it.

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Speaker 3: We did, we fell for it, and then twenty twenty

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Speaker 3: voted for more of it in record numbers. So that's

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Speaker 3: an example of how you fool the people. Herisism with

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Speaker 3: a real shot.

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Speaker 1: News of the world in ninety seconds.

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Speaker 3: Under the Middle East of the war. That's taken another

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Speaker 3: turn as more hostages, of course, have found dead in

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Speaker 3: the protests against the government grow.

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Speaker 2: They are calling for a deal from the Israeli government.

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Speaker 5: They have waited three hundred and thirty.

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Speaker 2: One days for their loved ones to come.

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Speaker 3: Out of Gaza. PM still talking tougher.

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Speaker 4: We will not give up.

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Speaker 2: The Israeli government is committed and I am personally committed

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Speaker 2: to continue striving for a deal that will return all

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Speaker 2: of our hostages and guarantee our security in existence.

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Speaker 3: In the West Bank. They've been under assultant. You'd have

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Speaker 3: to think now, given what happened over the weekend, Moore's coming.

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Speaker 4: What's the goal of all of this.

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Speaker 1: There's no need for this intentional sabotage. They are making

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Speaker 1: us pay our price because we support resistance For.

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Speaker 4: Me, Israeli forces are telling us you'd need to make

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Speaker 4: a choice. You either surrender to our genders and policies

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Speaker 4: or face mess of destruction.

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Speaker 3: Middle East has found as why of the US right

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Speaker 3: as well, where they having to roll out clarifications on

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Speaker 3: the Heris view of a Palestinian state.

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Speaker 6: He stands by the Palestinian people and their right to

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Speaker 6: self determination and that a two state solution where Israelis

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Speaker 6: and Palestinians can live by side in peace with their

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Speaker 6: Middle East neighbors.

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Speaker 3: Then in the UK couple of things, Scotland has one

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Speaker 3: of those fiscal cliffs they've discovered, so cups are coming

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Speaker 3: in the blame is light at London's doorstep.

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Speaker 7: And in eed of Westminster cuts. We're going to have

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Speaker 7: to work hard and smarter if we're to deliver on

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Speaker 7: other ambitions for Scotland. But this party has never ever

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Speaker 7: been a free to work hard in pursuit of a

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Speaker 7: better Scotland.

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Speaker 3: And to the government to move to bend smoking in

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Speaker 3: places like pub gardens. That needs a lot of justification

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Speaker 3: as anger grows.

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Speaker 5: When we spanned smoking in public places indoors in the

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Speaker 5: last labor government, which actually has led All evidence show

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Speaker 5: that actually has to an increase in people tending round

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Speaker 5: pubs at the time.

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Speaker 3: Growth industry for you in Japan. So given the work

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Speaker 3: culture in that particular part of the world, it's often

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Speaker 3: nine to nine, as in nine in the morning till

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Speaker 3: nine at night. People become a little bit afraid to quit,

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Speaker 3: So into companies that will be rich for you, you

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Speaker 3: hire a resignation expert. Now they did exist before COVID,

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Speaker 3: but increased dramatically as the companies that struggle during COVID push.

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Speaker 3: Work is even harder. So the companies act as youre proxy.

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Speaker 3: So if you a little bit timid, a little bit scared,

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Speaker 3: you don't have to front the boss. You don't risk

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Speaker 3: being convinced to stay, and most offer a fifty percent

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Speaker 3: discount for the second time around. You love resigning so

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Speaker 3: much the first time, you do it again and again.

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Speaker 3: Here's the world in ninety seconds. By the way, inflation

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Speaker 3: well and truly under control in the Eurozone. We got

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Speaker 3: these numbers over the weekend, two point two percent for August.

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Speaker 3: So that's done basically, isn't it. Two point two are

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Speaker 3: their core rate a little bit higher. That takes the energy,

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Speaker 3: the food, the alcohol, blah blah blah out, so two

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Speaker 3: point eight percent. The point of that being everybody is

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Speaker 3: priced in another cut from the ECB they went in June.

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Speaker 3: They see another one coming shortly, so that's fifty and

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Speaker 3: they reckon another one by the end.

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Speaker 2: Of the year.

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Speaker 3: That'll be seventy five points by a Christmas. Twelve past six.

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

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Speaker 1: by News.

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Speaker 3: Talks Be Good and Bad News. Story out of Indieu

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Speaker 3: over the weekend economic growth six point seven percent, and

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Speaker 3: you go, my god, that's a lot of growth. It is.

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Speaker 3: It's not as much as it was. It was seven

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Speaker 3: point eight. They held the elections. This is for the

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Speaker 3: April June quarter and during the election, which is a

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Speaker 3: massive exercise of course, given us over a billion of them,

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Speaker 3: government spending was down. So they're down or running at

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Speaker 3: six point seven percent. They thought it would be six

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Speaker 3: point nine. It's still a decent number. Fifteen past six,

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Speaker 3: big numbers, deven funds management, Grig Smith, Morning to You,

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Speaker 3: Morning to Mike, and zero point two for July will

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Speaker 3: have pleased everyone stateside I'm assuming.

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Speaker 8: Yes, certainly did Jones at a record high, So a

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Speaker 8: favorable read on the Fed's preferred measure of inflation says

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Speaker 8: miss point two on a monthly basis, two point six annually,

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Speaker 8: and that was softened the Smith's for two point seven.

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Speaker 8: And if you look it on a monthly basis, you

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Speaker 8: take out housing was even live was that just point

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Speaker 8: one percent for the month. The report also pointed might

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Speaker 8: to a fairly resilient consumers spinning up half percent in July,

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Speaker 8: personal win come up point three percent. All goes towards

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Speaker 8: a bit of a soft economic landing. And also the

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Speaker 8: Atlanta they've raised their real time growth Trekker for September

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Speaker 8: quarter to two and a half percent. Now a week

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Speaker 8: ago there was two percent, so that's quite a big jump.

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Speaker 8: So world's largest economy doing pretty well. Expectations around inflation.

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Speaker 8: That's also for a University of Michigan survey consume inflation

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Speaker 8: out look at the lowest since December twenty twenty. By

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Speaker 8: the way you talk about the election, the survey also

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Speaker 8: had fifty four percent expecting a Harris win the election,

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Speaker 8: up from thirty five percent when Biden was running. Even

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Speaker 8: that does all pretty relevant FED meets in a few

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Speaker 8: weeks time. They said they'll be cutting rates as long

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Speaker 8: as the data continues to play ball, which it looks

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Speaker 8: to be doing. So in terms of where it's twenty

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Speaker 8: five or fifty markets pricing in a sixty seven percent

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Speaker 8: probably have a twenty five basis point cut thirty three

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Speaker 8: percent of the fifty. As you mentioned, inflation also do

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Speaker 8: lower cross the Atlantic and Europe, and the European indices

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Speaker 8: will hire on that. So yeah, after the panic attack

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Speaker 8: we had at the start of the month, the global

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Speaker 8: markets leanded on high that did quite well s and

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Speaker 8: P five hundred up two point three percent for the month.

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Speaker 3: Right, So Fletcher's after months of saying it's not us,

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Speaker 3: it's installation, now they're writing a check.

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Speaker 8: Yeah they are, so, yeah, you're quite right. So they're

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Speaker 8: covering eighty percent of the direct cost. So this is

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Speaker 8: the plumbing issue that came up, was addressed earlier last year.

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Speaker 8: Effects around about fifteen thousand homes in WA, so that

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Speaker 8: I've allowed for a plumbing failure rate of around about

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Speaker 8: thirty five percent, so Tom will tell there. So, yeah,

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Speaker 8: they're covering quite a bit of the costs, aren't there.

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Speaker 8: So that the WA guvernment are covering twenty percent, so

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Speaker 8: it's going to cost features around one hundred and fifty

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Speaker 8: five million Australian dollars. That's AROUNDO one hundred and sixty

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Speaker 8: eight million ki we. The positive part of that mic

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Speaker 8: was that it doesn't involve a product recall, which there

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Speaker 8: have been some concerns about that doing even more expensive

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Speaker 8: and arduus, but yeah, that good news is moderated. Also,

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Speaker 8: and if you have a outs, Yeah, there's no time limit,

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Speaker 8: so I am homers Insurance can take their time to claim.

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Speaker 8: They're changing the law for the time to lodge complaints

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Speaker 8: on part failures from six years currently to fifteen years.

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Speaker 8: And also the costs aren't cap so this could really

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Speaker 8: drag on and you know, of course could go up

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Speaker 8: a lot more. And also the other big point is

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Speaker 8: the agreement doesn't include local construction firm BGC. They're still

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Speaker 8: suing Fletchers siri iPLEX and they built fifty to sixty

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Speaker 8: percent of the affected homes, so it's somewhat curious that

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Speaker 8: they chose not to participate. The speculation that are in

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Speaker 8: financial distress and as you say, Fletcher just can continue

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Speaker 8: to say that it's an installation issue, but you wonder

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Speaker 8: about that it is confined to Wist Australiay looks of it.

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Speaker 8: But yeah, this story looks like it might keep on

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Speaker 8: giving Mike. But we did have a partial solution that

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Speaker 8: was appreciated by investors. The years were up seven percent

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Speaker 8: to three bucks, so seven but we're still down around

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Speaker 8: at thirty five percent.

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Speaker 9: Year to day.

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Speaker 3: Speaking of housing and we building any seems.

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Speaker 1: Like we are.

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Speaker 8: It seems like there was there's a few green shoots,

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Speaker 8: but there's a few sort of caveats there. So construction

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Speaker 8: activity we know that's been under pressure. Fine straights and

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Speaker 8: economy slow. Annual number of consents in the year of

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Speaker 8: July was through three thousand, nine hundred and twenty one,

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Speaker 8: so that was twenty two percent lower on twenty twenty three.

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Speaker 8: It was thirty three percent lower on twenty twenty two

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Speaker 8: when things were humming with low rates. Walk on my

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Speaker 8: cower down twenty seven percent, Wellington down thirty five percent,

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Speaker 8: can be down at least of twelve percent. High density building,

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Speaker 8: say with the worst tip. We know that MOLDI unit

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Speaker 8: homes down twenty eight percent. But the worm turned in July,

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Speaker 8: so the number of homes concented arose nine point six

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Speaker 8: percent to three thousand.

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Speaker 10: Three and fifty two.

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Speaker 8: July was up twenty six percent on June on a

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Speaker 8: seasonally adjusted basis, and that was after a seventeen percent

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Speaker 8: four in June. But yeah, before we get too exided, Mike,

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Speaker 8: there were a couple of important drivers. First, we had

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Speaker 8: three more working days in July this year and more

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Speaker 8: time busue consents. Also, there's a big project in queen

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Speaker 8: the Queen Sound Lakes district that drove a forty two

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Speaker 8: percent jump and standalone houses. It shows at a conference

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Speaker 8: Queenston last week, and things are certainly humming there. There's

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Speaker 8: lots of building, lots of cranes. But yeah, different from

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Speaker 8: the local economy. A few restaurant owners who said that

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Speaker 8: takings were down thirty percent plus year the date. So yeah,

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Speaker 8: overseas tourists are spending keys aren't. But anyway, doctor consents,

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Speaker 8: we'll see if this jump is a one off and

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Speaker 8: we need a few more right cuts before we get

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Speaker 8: some decent green shoots. But yeah, probably sales ip'll be

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Speaker 8: picking up, but from quite challenged levels.

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Speaker 3: Okay, numbers, yeah.

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Speaker 8: Down up turned twenty eight points to a record forty

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Speaker 8: one five six three. Isn't people I've hunded at one percent,

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Speaker 8: nay take up one point one percent foot see flat,

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Speaker 8: Nicola aut points seven percent thirty eight six four seven

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Speaker 8: and A six two hundred up point six percent eight

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Speaker 8: zero nine one. Retail sales and both Australia and Japan

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Speaker 8: were low than expected data the INSIX fifty up point

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Speaker 8: eight percent twelve four to four seven, go back away

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Speaker 8: from record levels down point seven percent two thousand and

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Speaker 8: four and two, and announced US all down two forty

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Speaker 8: seventy three spot fifty five. And the currency markets Kevy

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Speaker 8: solis so against the US sixty two point five. We

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Speaker 8: were up slightly against the eight dollar ninety two point four,

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Speaker 8: as well as being up against sterling forty seven point six.

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Speaker 8: This week, Mike, we've got Ozzie sink quarter GDP data,

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Speaker 8: We've got the Bank of Candle rate decision. We've got

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Speaker 8: TRY and USPMI. We've got non farm payrolls and more

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Speaker 8: data for the Fed for the decision a couple weeks time. Locally,

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Speaker 8: no innings seasons done, but we've got terms of trade

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Speaker 8: data and another GDT print.

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Speaker 3: Very nice, go well, catch up soon appreciated very much.

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Speaker 3: Greg Smith, Devin Funds Management POSKY New Zealand Rural Land

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Speaker 3: in z L twelve point four million dollar profit, which

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Speaker 3: is up from last year's two point five good. We'll

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Speaker 3: take that. They started off and dairy, but they moved

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Speaker 3: into forestry and on orchards, which is good diversification as

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Speaker 3: always to be welcomed and they're paying it evidence. So

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Speaker 3: another good news story. Who wrapped the earning season for

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Speaker 3: New Zealand six to twenty one hered Newstalk z BO.

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Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio Power US.

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Speaker 3: Talks' NEWPOLLI and America I'll have for you shortly and

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Speaker 3: there's a woman called Sarah Vagan Neck who I read

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Speaker 3: about over the weekend. She's participating or parties participating in

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Speaker 3: some regional elections in Germany which are literally just finishing.

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Speaker 3: It's a disaster for the government. So more shortly six twenty.

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Speaker 1: Four trending now with warehouse boxing day sales on Now.

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Speaker 3: David Beckham, he stood up on hot Ones. First we feast.

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Speaker 3: This is where guests eat those chicken wings and different

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Speaker 3: sources and it gets hotter and hotter. Anyway, For the

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Speaker 3: most part, Beckham did well handle the three hottest sauces

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Speaker 3: much better than most, including the bomb, which is the

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Speaker 3: source that gets all the viral reactions. Anyway, they covered

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Speaker 3: the culture shock when he moved to the Emails back

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Speaker 3: in two thousand and seven, and how different it was

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Speaker 3: to the EPL where a team provided meals pre game.

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Speaker 3: That wasn't a thing in America. So he ended up

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Speaker 3: at the cheesecake factory.

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Speaker 2: All the young kids had gone to MacDonalds or whatever

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Speaker 2: and they'd saved there per dim Whereas I kind of

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Speaker 2: walked out and a saw of a cheesecake factory and

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Speaker 2: that was my pre match meal, which, yeah, Sir Alex

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Speaker 2: Ferguson would have quaked in his boots at that.

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Speaker 3: As big a star as he was, he describe what

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Speaker 3: playing alongside Zadan was like in one of the best

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Speaker 3: moments of his career.

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Speaker 2: He walks in and I'm sat there, I'm getting changed,

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Speaker 2: and all of a sudden I see him out of

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Speaker 2: the corner of my eye getting up and he's walking

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Speaker 2: towards me, and I'm like, I start sweating, like I

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Speaker 2: am now a little bit, and Sizu doesn't say much.

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Speaker 2: He sits down and he said, David, I just want

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Speaker 2: to say it's been a pleasure playing.

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Speaker 1: With you for the last few years.

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Speaker 2: He then went in to get treatment and I jumped up.

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Speaker 2: I ran outside. I took my phone and I was like,

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Speaker 2: a couple of my mates, you're never going to get

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Speaker 2: what just happened. I called my dad.

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Speaker 1: I was like, Dad, Zizu just said this to me,

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Speaker 1: So that has.

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Speaker 3: To be That has to be the moment and the

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Speaker 3: story behind. The big moment out of the documentary, the

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Speaker 3: most recent documentary, when he tells Victoria to be honest

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Speaker 3: about a religious working class background and the director's reaction.

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Speaker 1: And he was angry with me.

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Speaker 2: He apparently wanted me out the house. And that particular

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Speaker 2: day was Victoria's first day of filming. I saw as

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Speaker 2: spare set of headphones, so I put the headphones on

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Speaker 2: and then all of a sudden, I heard I say,

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Speaker 2: you know which is we're working class. In that moment,

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Speaker 2: I was like okay. I headed to the door. I

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Speaker 2: opened the door and I saw Fisher's face and he

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Speaker 2: was not happy.

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Speaker 4: I was like, be honest.

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Speaker 2: The camera guys were so amazing because they literally canned

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Speaker 2: over to me at the door.

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Speaker 4: Fisher was really not happy.

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Speaker 3: Tell you what was interesting about it. I happened to

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Speaker 3: see the whole thing.

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Speaker 7: One.

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Speaker 3: He's not affected by the heat at all, so it

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Speaker 3: wasn't even a thing about eating chicken wings too. It's

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Speaker 3: a fantastic concept, is an idea for a podcast. And three,

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Speaker 3: he comes across as just absolutely delightful. He's impossible not

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Speaker 3: to like. Well worth watching housing. It's coming back to life.

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Speaker 3: I told you this would happen. People are desperate to

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Speaker 3: feel good. New numbers around the real estate business.

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Speaker 1: Shortly you're trusted home the news, Entertainments, opinion and the

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Speaker 1: my casking breakfast with al Vida, retirement Communities, Life Your

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Speaker 1: Way News, Tog said.

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Speaker 3: Polling from the State Survey USA with a bunch of

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Speaker 3: local television stations in Minnesota are the lead that she had.

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Speaker 3: Harris had over Trump has been harped. It was fifty

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Speaker 3: to forty. It's down to forty eight. Forty three. Other

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Speaker 3: states are at the moment. Nevada tied. Harris is up

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Speaker 3: by a point in Arizona, so well within the margin barer,

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Speaker 3: of course, Wisconsin, Harrison is up by four. Michigan Harris

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Speaker 3: is up by three. Pennsylvania Harris up by one. Georgia

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Speaker 3: Trump is up by a couple. More from Richard Arnold

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Speaker 3: Shorty twenty three to seven, lit Housing talk for you.

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Speaker 3: Are we seeing life in the housing market?

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Speaker 7: Does it?

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Speaker 3: Spring? Is that the Reserve Bank, the mortgage ray cuts

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Speaker 3: in the coromantal one roof September outlook tells us demands

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Speaker 3: increased one hundred and thirteen percent year on year. General

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Speaker 3: manager of Bailey's Corimental Shawan Patterson's will A Shawn, very

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Speaker 3: good morning to you, you very well, indeed, thank you.

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Speaker 3: So how's this manifesting itself? I mean, does this off

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Speaker 3: a very very low and quiet base and so suddenly

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Speaker 3: you're busy or you run off your feet?

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Speaker 11: Now, you're absolutely right, and we're coming from a pretty

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Speaker 11: low base there, Mike.

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Speaker 12: You got to turn around.

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Speaker 11: And although we don't like to dwell on it, think

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Speaker 11: about where we were a year ago, post storms and

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Speaker 11: no road roads and and things like that, which is

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Speaker 11: certainly making us an outlier. But that said, there's definitely

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Speaker 11: been a drastic change, said oser reduction. So one roof

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Speaker 11: absolutely right that we have seen a drastic change off

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Speaker 11: that low base, and I think that's been driven you know,

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Speaker 11: really by a lot of cashed up people who have

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Speaker 11: been waiting nervously in the wings for a bit of confidence,

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Speaker 11: and perhaps this has just given them a bit of

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Speaker 11: confidence they need to make the leap and get rid

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Speaker 11: of that fear of overpaying.

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Speaker 3: Is this all from people out of town or is

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Speaker 3: it people within the market swapping houses?

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Speaker 11: A little bit of a mixture, though, seventy four percent

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Speaker 11: of our buyers last year in the Corimandel came from

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Speaker 11: outside the region, so that's quite normal for us. I'd

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Speaker 11: say the biggest group that we're seeing at the moment

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Speaker 11: is a continuation of people relocating from the city and

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Speaker 11: making permanent relocation. And Mike, I'm a big believer that

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Speaker 11: that's still you know, the trend of people looking for

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Speaker 11: a better work life balance and looking to locations like ours,

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Speaker 11: you know, where they can find a bit of lifestyle.

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Speaker 3: Saw a big jump in business confidence last week around

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Speaker 3: the whole country, not just the Coramandel. And you've seen

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Speaker 3: the Central Bank, the Reserve Bank move. How much weight

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Speaker 3: do you place on just these individual, little small movements.

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Speaker 3: Are people desperate to feel better?

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Speaker 2: Yeah?

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Speaker 12: They are, Mike.

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Speaker 11: I think everyone's looking for that. Everyone's looking for that

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Speaker 11: little silver lining and absolutely you know that everyone's been

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Speaker 11: watching that obviously r and it's been talked about a lot,

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Speaker 11: and you know, it's certainly had that impact on confidence

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Speaker 11: that we hoped it would have.

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Speaker 3: Yeah, what's your sense of spring and summer? Does it

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Speaker 3: take off or is it a slow burn?

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Speaker 11: Well, what we've got at the moment is a whole

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Speaker 11: lot of inquiry, Mike, and it's starting to transact into deals,

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Speaker 11: you know. I mean we would usually, although we're not

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Speaker 11: at sea now as we used to be, we would

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Speaker 11: usually see July and August being our quietest two months

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Speaker 11: of the year, and you know, year to date, July

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Speaker 11: and August have been our biggest months of the year.

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Speaker 11: So that's certainly showing that some of that confidence is

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Speaker 11: turning into transactions. And spring, spring in the back end

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Speaker 11: of summer are usually have to selling seasons. So I'd

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Speaker 11: hope that this confidence would continue and we'd see some

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Speaker 11: more stock traded, because I think the the other key

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Speaker 11: part in our market at the moment, of course, like

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Speaker 11: a lot of places around the country, is we've collected

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Speaker 11: of a lot of stock while have been up and

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Speaker 11: there's a lot of choice out there for buyers at

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Speaker 11: the moment, and you know there's a lot of stock

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Speaker 11: to be absorbed, so it's going to take some serious

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Speaker 11: gross in that demand curve to absorb some of that

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Speaker 11: stock before we see any sort of impact on pricing

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Speaker 11: good stuff.

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Speaker 3: I hope it goes well with you, mate, Sean Patterson,

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Speaker 3: who's the general manager of Baileyes and the Currimental speaking

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Speaker 3: Whi's nineteen away from seven get we've got big lookings.

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Speaker 3: New listings up eight point one percent year on year

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Speaker 3: in August sixteen and nineteen. Regions of scene increases in

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Speaker 3: listings Marlborough through the Roof about forty one percent increase

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Speaker 3: in listings one of A two Wong and Ibi thirty nine,

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Speaker 3: a Tigo thirty four. Auckland barely moves zero point two,

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Speaker 3: but there's a lot of houses on the market in

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Speaker 3: Auckland have been for a while. Why Cattow three point one,

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Speaker 3: Wellington three point five, Cantory fourteen actually let's call it fifteen,

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Speaker 3: West Coast thirty three. Incredible, Nelson, I'm afraid to tell

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Speaker 3: you Nelson North and Corimandel backwards decreases of eighteen eleven

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Speaker 3: and five. The figures we've dipped in the national asking price.

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Speaker 3: Asking is not a sale, but asking is asking eight

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Speaker 3: hundred and forty four thousand. So there's a lot of

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Speaker 3: data out there at the moment. In spring is upon us.

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Speaker 3: And if you experienced some of the weather. My daughter,

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Speaker 3: one daughter flew down to the Kneed and back home

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Speaker 3: over the weekend, had to try and land twice. Not

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Speaker 3: that she was flying the plane, but was on a

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Speaker 3: plane that had difficulty landing because of the wind. So

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Speaker 3: it's weird weather. Another daughters in Queensland at the moment

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Speaker 3: on a contract. She's sitting in thirty two degrees in spring.

437
00:19:55,119 --> 00:19:57,320
Speaker 3: It's just ridiculous. And I was sitting in about twenty

438
00:19:57,359 --> 00:19:59,280
Speaker 3: two to twenty three in the country. So something weird's

439
00:19:59,320 --> 00:20:01,720
Speaker 3: going on. Eighteen to two The.

440
00:20:01,880 --> 00:20:06,840
Speaker 1: Mic Hosking Breakfast Full Show podcast on iHeartRadio, part by News.

441
00:20:06,720 --> 00:20:09,880
Speaker 3: Talks, it be reality check on housing Mike. Without productive

442
00:20:09,880 --> 00:20:12,399
Speaker 3: games leading to real increases in wealth, any green shoots

443
00:20:12,400 --> 00:20:15,199
Speaker 3: will be cashed, vendors trading with cash purchases. Ellen your

444
00:20:15,200 --> 00:20:16,600
Speaker 3: spot on, of course, which is one of the many

445
00:20:16,640 --> 00:20:19,280
Speaker 3: problems we have with the economy in this country. Speaking

446
00:20:19,320 --> 00:20:22,359
Speaker 3: of which, the former Reserve Bank economist Michael Ddell's with

447
00:20:22,520 --> 00:20:25,800
Speaker 3: us after comments from the outgoing See of the Treasury

448
00:20:26,280 --> 00:20:29,840
Speaker 3: once again, apparently we need to talk tax or do

449
00:20:30,040 --> 00:20:31,200
Speaker 3: we six forty.

450
00:20:30,960 --> 00:20:35,240
Speaker 1: Five international correspondence with ends and eye insurance. Peace of

451
00:20:35,320 --> 00:20:37,399
Speaker 1: mind for New Zealand business is with the conter.

452
00:20:37,640 --> 00:20:41,119
Speaker 3: Seven o'clock meantime, states Richard Arnold. Morning Morning, MA Right,

453
00:20:41,200 --> 00:20:43,520
Speaker 3: Middle East six hostages? Did what do we do with us?

454
00:20:44,680 --> 00:20:44,840
Speaker 9: Well?

455
00:20:44,880 --> 00:20:47,240
Speaker 13: President Biden and Vice Verdon Harris, both of them have

456
00:20:47,359 --> 00:20:50,720
Speaker 13: reached out to the family of Israeli American Hirsch Goldbook Polland,

457
00:20:50,720 --> 00:20:53,320
Speaker 13: who is one of the six who have been all

458
00:20:53,400 --> 00:20:55,280
Speaker 13: the shot in the head killed by Hermas. He was

459
00:20:55,359 --> 00:20:59,240
Speaker 13: murdered in a tunnel under rougher Ninghaza, killed a short

460
00:20:59,280 --> 00:21:02,600
Speaker 13: time before Israeli troops got the Hirsch was twenty three.

461
00:21:03,119 --> 00:21:05,720
Speaker 13: He had already lost his arm while helping some of

462
00:21:05,800 --> 00:21:08,679
Speaker 13: his friends who were captured at the Israeli music festival

463
00:21:08,720 --> 00:21:11,520
Speaker 13: when Hamas when October the seventh, moved in and attack,

464
00:21:11,600 --> 00:21:14,080
Speaker 13: killing what eleven hundred and sixty three people. Since then,

465
00:21:14,400 --> 00:21:17,600
Speaker 13: some forty thousand Palestinians have died in the Israeli response

466
00:21:17,680 --> 00:21:20,720
Speaker 13: and Garza the ongoing war. President Biden says he is

467
00:21:20,840 --> 00:21:24,080
Speaker 13: devastated and outraged by this latest and says he will

468
00:21:24,119 --> 00:21:25,800
Speaker 13: work around the clock to drive to to cure the

469
00:21:25,840 --> 00:21:28,240
Speaker 13: release of the remaining hostages and to end this war.

470
00:21:28,680 --> 00:21:31,439
Speaker 3: Along with Hirsh, three of those just.

471
00:21:31,520 --> 00:21:35,040
Speaker 13: Killed were in their twenties. There were also Alexander Labanov

472
00:21:35,080 --> 00:21:38,840
Speaker 13: thirty three and Carmel gut forty, both of whom helped

473
00:21:38,840 --> 00:21:43,040
Speaker 13: others during the attack at that music festival. Hirsch Polland's

474
00:21:43,480 --> 00:21:46,400
Speaker 13: parents spoke at the recent Democratic Convention in Chicago's father

475
00:21:46,520 --> 00:21:48,320
Speaker 13: John saying, in part.

476
00:21:48,280 --> 00:21:53,560
Speaker 14: There is a surplus of agony on all sides of

477
00:21:53,680 --> 00:21:58,000
Speaker 14: the tragic conflict in the Middle East. In a competition

478
00:21:58,320 --> 00:22:02,760
Speaker 14: of pain, there are no winners. We know the one

479
00:22:02,840 --> 00:22:07,840
Speaker 14: thing that can most immediately release pressure and bring calm

480
00:22:08,000 --> 00:22:12,480
Speaker 14: to the entire region. A deal that brings this diverse

481
00:22:12,720 --> 00:22:17,360
Speaker 14: group of one hundred and nine hostages home and ends

482
00:22:17,440 --> 00:22:20,359
Speaker 14: the suffering of the innocent civilians in Gaza.

483
00:22:20,440 --> 00:22:23,440
Speaker 13: One hundred and nine remaining captives. Well, that no longer applies,

484
00:22:23,520 --> 00:22:25,399
Speaker 13: does it. Some say it one hundred and one. Others

485
00:22:25,600 --> 00:22:29,280
Speaker 13: indicate that dozens of these hostages may also have been killed.

486
00:22:29,320 --> 00:22:30,119
Speaker 1: It's a horror story.

487
00:22:30,400 --> 00:22:34,080
Speaker 13: A Democratic Congress member Madam Schiff, who is Jewish, says

488
00:22:34,320 --> 00:22:35,680
Speaker 13: of this situation.

489
00:22:35,400 --> 00:22:40,040
Speaker 15: It's just devastating, and these sons of bitches who did

490
00:22:40,119 --> 00:22:43,120
Speaker 15: this ought to be hunted down and brought to justice,

491
00:22:43,160 --> 00:22:45,919
Speaker 15: no matter how long that takes, so that it.

492
00:22:45,960 --> 00:22:47,959
Speaker 13: Is part of the situation. This latest tragedy also has

493
00:22:47,960 --> 00:22:50,880
Speaker 13: spreed widespread protests in Israel right now against the Prime

494
00:22:50,880 --> 00:22:54,560
Speaker 13: Minister net Yahoo. Lana Grittewski, who was held hostage for

495
00:22:54,720 --> 00:22:57,640
Speaker 13: time but was one of the handful release too.

496
00:23:00,320 --> 00:23:02,880
Speaker 9: Who says that those who murder hostages do not want

497
00:23:02,960 --> 00:23:05,840
Speaker 9: a deal, but he repeatedly puts a spoke in the

498
00:23:05,880 --> 00:23:10,520
Speaker 9: wheel and refuses a deal. He murders the hostages. Every

499
00:23:10,600 --> 00:23:13,600
Speaker 9: day that passes is a death sentence for our hostages.

500
00:23:14,280 --> 00:23:16,760
Speaker 9: I know this because I was there and survived this

501
00:23:16,960 --> 00:23:17,400
Speaker 9: hell well.

502
00:23:17,960 --> 00:23:21,119
Speaker 13: Jonathan dakal Kin, whose son Saguy is one of the

503
00:23:21,200 --> 00:23:25,760
Speaker 13: hostages still unaccounted for, also is critical of the Israelips have.

504
00:23:25,920 --> 00:23:32,160
Speaker 16: No explanation, a reasonable explanation, why our government is refusing

505
00:23:32,400 --> 00:23:36,760
Speaker 16: to deeply engage in these negotiations and complete them when

506
00:23:36,920 --> 00:23:41,280
Speaker 16: our entire senior military establishment and intelligence community has been

507
00:23:41,359 --> 00:23:45,760
Speaker 16: saying publicly and openly for weeks and months that the

508
00:23:45,880 --> 00:23:49,040
Speaker 16: time has come to end the fighting in Gaza.

509
00:23:49,280 --> 00:23:51,199
Speaker 13: Free the one hundred and one. He says again, how

510
00:23:51,240 --> 00:23:52,800
Speaker 13: many of those individuals still are alive?

511
00:23:52,960 --> 00:23:54,680
Speaker 1: We simply do not know.

512
00:23:54,920 --> 00:23:57,560
Speaker 3: And then we come to yr and Tom Hanks, Yeah,

513
00:23:57,600 --> 00:23:58,600
Speaker 3: the beloved Tom Hanks.

514
00:23:58,680 --> 00:24:01,520
Speaker 13: Later I thought he would start to concerns about AI fates,

515
00:24:01,560 --> 00:24:03,399
Speaker 13: he says, his image and voice of being used to

516
00:24:03,800 --> 00:24:07,040
Speaker 13: peddle some medical miracle cures he knows nothing about and

517
00:24:07,119 --> 00:24:09,800
Speaker 13: certainly does not endorse. He says, quote, do not be fooled,

518
00:24:09,800 --> 00:24:13,240
Speaker 13: do not be swindled. So that follows the skeleton Handso

519
00:24:13,320 --> 00:24:15,840
Speaker 13: fuo back a bit when she claimed that chat GPT

520
00:24:16,119 --> 00:24:18,800
Speaker 13: had recreated her voice, even as they said no, they didn't,

521
00:24:18,840 --> 00:24:21,439
Speaker 13: despite having approached her initially to use her voice anyway.

522
00:24:22,200 --> 00:24:25,000
Speaker 13: State polleys in California have laid out some new legislation

523
00:24:25,119 --> 00:24:27,960
Speaker 13: to ban deep fakes and regulate AI. This weekend is

524
00:24:28,040 --> 00:24:31,560
Speaker 13: the deadline for Governor Gavin Newsen to sign on. Not

525
00:24:31,680 --> 00:24:33,399
Speaker 13: clear how this will go. News from has said and

526
00:24:33,440 --> 00:24:36,280
Speaker 13: the pasties and want to destroy this new technology just

527
00:24:36,320 --> 00:24:38,240
Speaker 13: as it's emerging. So we'll see the other question is

528
00:24:38,280 --> 00:24:41,359
Speaker 13: what could you actually do? The ideas at social media

529
00:24:41,560 --> 00:24:44,119
Speaker 13: would need to become way more aggressive and remove political

530
00:24:44,160 --> 00:24:47,160
Speaker 13: deep fakes one hundred and twenty days before an election day.

531
00:24:47,200 --> 00:24:49,040
Speaker 13: That's one of the one of the ideas.

532
00:24:49,440 --> 00:24:49,760
Speaker 10: I don't know.

533
00:24:49,840 --> 00:24:51,920
Speaker 13: When it comes to photography, I see loads of fake

534
00:24:51,960 --> 00:24:54,440
Speaker 13: photos on the internet these days. Rainbows in the midst

535
00:24:54,480 --> 00:24:56,600
Speaker 13: of tornadoes seems to be a common one. Then the

536
00:24:56,680 --> 00:24:59,360
Speaker 13: other week the New York Times had a photo quiz. Yes,

537
00:24:59,440 --> 00:25:01,760
Speaker 13: which photo graph is reel and which is a fake?

538
00:25:01,840 --> 00:25:05,040
Speaker 13: I'm a photographer. I think I am moderately intelligent. I

539
00:25:05,160 --> 00:25:06,919
Speaker 13: got forty percent right.

540
00:25:07,880 --> 00:25:09,680
Speaker 3: Might see whence they presci out of very much? Actually,

541
00:25:09,720 --> 00:25:12,440
Speaker 3: my wife asked chat GPT over the weekend, when do

542
00:25:12,600 --> 00:25:16,760
Speaker 3: Oasis come on stage? What time? Chat GPT came back

543
00:25:16,800 --> 00:25:21,760
Speaker 3: and said Oasis broke up. Whenever Oasis broke up. Chat

544
00:25:21,800 --> 00:25:24,320
Speaker 3: GBT doesn't even know Oasis back together. Now, why would

545
00:25:24,359 --> 00:25:27,399
Speaker 3: my wife be asking chat GBT why they're coming on stage?

546
00:25:27,480 --> 00:25:27,880
Speaker 1: What time?

547
00:25:28,119 --> 00:25:31,119
Speaker 3: Ah, there's a story for later, by the way, just

548
00:25:31,160 --> 00:25:33,160
Speaker 3: a reminder of San Francisco and what a hell hole

549
00:25:33,240 --> 00:25:36,440
Speaker 3: it's become. As the NFL season kicks off this weekend,

550
00:25:37,080 --> 00:25:40,320
Speaker 3: guy called Ricky Purcell, who plays for the forty nine ers,

551
00:25:41,160 --> 00:25:43,880
Speaker 3: was shot, so he's in hospital, shot in the chest.

552
00:25:44,480 --> 00:25:46,760
Speaker 3: He's in a serious but stable condition. They've rounded up

553
00:25:46,760 --> 00:25:48,800
Speaker 3: a seventeen year old who was looking to rob him.

554
00:25:49,520 --> 00:25:53,680
Speaker 3: He was looking to rob him with a gun at

555
00:25:53,760 --> 00:25:58,240
Speaker 3: three point thirty in the afternoon in Union Square. And

556
00:25:58,359 --> 00:25:59,840
Speaker 3: if that doesn't paint a picture of what's going on

557
00:26:00,080 --> 00:26:01,040
Speaker 3: when that place, nothing does.

558
00:26:01,160 --> 00:26:05,760
Speaker 1: Ten to seven the Mike Castle Breakfast with Vida Retirement

559
00:26:05,840 --> 00:26:06,760
Speaker 1: Communities News.

560
00:26:06,800 --> 00:26:10,200
Speaker 3: Tom said, b I'm reading about Sarah Vagenecht in Germany

561
00:26:10,440 --> 00:26:13,119
Speaker 3: and she didn't like any of the political parties, so

562
00:26:13,240 --> 00:26:16,480
Speaker 3: she decided she'd found her own, which she did. BSW.

563
00:26:16,680 --> 00:26:19,520
Speaker 3: It's called and they've had some elections over the weekend.

564
00:26:19,560 --> 00:26:22,440
Speaker 3: They've just literally ended now and she's part of what

565
00:26:22,520 --> 00:26:26,159
Speaker 3: you'd loosely call the right. The left ended up alienating

566
00:26:26,200 --> 00:26:29,399
Speaker 3: itself from its voters and important social issues, good wages,

567
00:26:29,440 --> 00:26:32,240
Speaker 3: good pensions, and we're no longer their focus. Instead woke

568
00:26:32,359 --> 00:26:35,280
Speaker 3: identity politics have done them in. And if you look

569
00:26:35,280 --> 00:26:38,360
Speaker 3: at the result of these regional elections this morning in Saxony,

570
00:26:40,119 --> 00:26:43,720
Speaker 3: the Christian Democratic Union thirty one percent, the Alternative the AfD,

571
00:26:43,840 --> 00:26:46,320
Speaker 3: the far right thirty one percent, her party eleven percent.

572
00:26:46,359 --> 00:26:50,640
Speaker 3: If you looked to Trenia the alternative AfD thirty three percent.

573
00:26:50,680 --> 00:26:52,400
Speaker 3: In other words, what's happened? Her party, by the way,

574
00:26:52,400 --> 00:26:54,879
Speaker 3: came at fifteen percent, she's polling at fifteen to twenty percent.

575
00:26:55,160 --> 00:26:57,840
Speaker 3: She started a new party and all of a sudden

576
00:26:57,840 --> 00:27:00,360
Speaker 3: she's polling like that fifteen to twenty percent. The old

577
00:27:00,400 --> 00:27:05,119
Speaker 3: parties are falling apart. This has been a catastrophic disaster

578
00:27:06,280 --> 00:27:11,439
Speaker 3: for Schultz and his three parties currently running federally Germany.

579
00:27:11,520 --> 00:27:15,119
Speaker 3: He will be sweating bricks this morning as a result

580
00:27:15,200 --> 00:27:16,960
Speaker 3: of what is unfolding in front of his eyes. In

581
00:27:17,400 --> 00:27:20,639
Speaker 3: Sunday afternoon and evening in Germany, five away from seven.

582
00:27:22,359 --> 00:27:26,080
Speaker 1: And the ouse. It's the biz with business fiber, take

583
00:27:26,160 --> 00:27:28,400
Speaker 1: your business productivity to the next level.

584
00:27:28,680 --> 00:27:31,280
Speaker 3: Real estate, more real estate this time. Retirement village has

585
00:27:31,320 --> 00:27:34,360
Speaker 3: got a study here to show you just how big

586
00:27:34,400 --> 00:27:37,919
Speaker 3: that particular industry is. The agency JLL. This is their

587
00:27:38,080 --> 00:27:40,520
Speaker 3: annual Retirement Village study. It's found that more than fifty

588
00:27:40,560 --> 00:27:42,640
Speaker 3: three thousand New Zealand doer's live in a retirement village.

589
00:27:42,680 --> 00:27:44,639
Speaker 3: Fifty three thousand, which is up. This is the interesting

590
00:27:44,720 --> 00:27:47,000
Speaker 3: thing for me. In a couple of years from twenty

591
00:27:47,040 --> 00:27:49,280
Speaker 3: twenty two, it's gone from thirty nine thousand to fifty three.

592
00:27:49,760 --> 00:27:52,880
Speaker 3: It's a lot of people. Forty one hundred and one

593
00:27:53,040 --> 00:27:56,160
Speaker 3: village units in around four hundred and seventy villages across

594
00:27:56,200 --> 00:27:59,639
Speaker 3: the country. Some insects listed businesses. They're selling properties at

595
00:27:59,680 --> 00:28:02,000
Speaker 3: the moment, adjusting expansion plans in the tougher old market.

596
00:28:02,040 --> 00:28:03,879
Speaker 3: That'll turn around the There are more than twenty two

597
00:28:03,920 --> 00:28:07,959
Speaker 3: thousand more units planned, with under ten thousand under construction currently.

598
00:28:08,440 --> 00:28:11,160
Speaker 3: Auckland's got the most villages, twelve thousand, six hundred units

599
00:28:11,200 --> 00:28:13,879
Speaker 3: and one hundred and six villages. They're home to about

600
00:28:13,920 --> 00:28:17,639
Speaker 3: sixteen thousand residents. As far as operators, we got the

601
00:28:17,680 --> 00:28:19,359
Speaker 3: big six in this country. Ryman's got eight and a

602
00:28:19,400 --> 00:28:21,840
Speaker 3: half percent of villages around the country, MetLife Care seven

603
00:28:21,920 --> 00:28:25,520
Speaker 3: point nine, booper at seven point seven, Somerset NACAN here

604
00:28:25,560 --> 00:28:27,560
Speaker 3: at seven point four hour, mates atur v to six

605
00:28:27,640 --> 00:28:30,040
Speaker 3: point eight percent of the other major players. The growth areas,

606
00:28:30,080 --> 00:28:32,359
Speaker 3: where are we building. We're building in the Bay of Plenty,

607
00:28:32,400 --> 00:28:35,240
Speaker 3: of course in Auckland and in Hawks Bay. There you

608
00:28:35,400 --> 00:28:37,680
Speaker 3: run the top three region. I mean it's a number

609
00:28:37,680 --> 00:28:39,840
Speaker 3: of people involved in that aren't there Now After seven

610
00:28:39,840 --> 00:28:42,720
Speaker 3: o'clock we've got the old business of child support. This

611
00:28:42,880 --> 00:28:46,920
Speaker 3: has been a cataclysmic cockup as far as I can

612
00:28:47,000 --> 00:28:50,000
Speaker 3: work out, for decades. And so the claim now is

613
00:28:50,080 --> 00:28:52,320
Speaker 3: that IOD don't chase you up if you don't pay no,

614
00:28:52,440 --> 00:28:55,280
Speaker 3: and seems to care you certainly don't end up in court.

615
00:28:55,320 --> 00:28:57,240
Speaker 3: I'll give you the specific numbers, but they're a joke.

616
00:28:57,720 --> 00:29:01,280
Speaker 3: Also the claim from the head of Treasury outgoing that

617
00:29:01,400 --> 00:29:03,360
Speaker 3: we need to fundamentally deal with debt, which I've been

618
00:29:03,400 --> 00:29:05,120
Speaker 3: saying in this country for years. The structural debt in

619
00:29:05,160 --> 00:29:07,120
Speaker 3: this country is chronic, it's crippling, and all we ever

620
00:29:07,200 --> 00:29:09,760
Speaker 3: do is rack up more debt. And then to solve

621
00:29:09,800 --> 00:29:11,640
Speaker 3: the problem when we panic a bit is come up

622
00:29:11,680 --> 00:29:14,080
Speaker 3: with a new idea. Let's have more tax, let's have

623
00:29:14,280 --> 00:29:16,680
Speaker 3: and her idea as we need a capital gains tax.

624
00:29:16,680 --> 00:29:17,719
Speaker 3: So we'll have a look at this in the next

625
00:29:17,760 --> 00:29:21,000
Speaker 3: half hour. Then the business of health is literally everyone

626
00:29:21,080 --> 00:29:23,400
Speaker 3: sick in this country. Is that the problem is literally

627
00:29:23,560 --> 00:29:27,440
Speaker 3: every single person lined up for some sort of elective surgery.

628
00:29:27,480 --> 00:29:29,080
Speaker 3: Because I don't know what the hell's going on. So

629
00:29:29,160 --> 00:29:31,880
Speaker 3: we'll ask the Health Minister, Shane Retty, when he's with

630
00:29:32,000 --> 00:29:34,600
Speaker 3: us here on the Mike Hosking. Business with the news next.

631
00:29:36,080 --> 00:29:40,160
Speaker 1: The newsmakers and the personalities the big names talk to,

632
00:29:40,560 --> 00:29:43,720
Speaker 1: like the my costing breakfast with the range Rover, the

633
00:29:43,840 --> 00:29:46,360
Speaker 1: la designed to intrigue and use.

634
00:29:46,320 --> 00:29:48,480
Speaker 3: Togs b Welling seven past seven. So trouble in the

635
00:29:48,560 --> 00:29:50,640
Speaker 3: area of child support. Of the ninety one thousand or

636
00:29:50,640 --> 00:29:53,280
Speaker 3: so who paid child supports, sixty six thousand are in default.

637
00:29:53,840 --> 00:29:56,240
Speaker 3: How many have ended up in court thirty six that's

638
00:29:56,280 --> 00:29:57,960
Speaker 3: in the past twelve months, which is about half of

639
00:29:58,040 --> 00:29:59,560
Speaker 3: one percent. And that figure, by the way, from my

640
00:29:59,600 --> 00:30:03,280
Speaker 3: ID is in fact an increase family law barriers. To

641
00:30:03,320 --> 00:30:05,160
Speaker 3: Sharon Chandras will the Sharon morning.

642
00:30:04,960 --> 00:30:06,800
Speaker 17: To you, Good morning, Mark.

643
00:30:06,920 --> 00:30:08,520
Speaker 3: This has been a mess forever. Is that fair?

644
00:30:10,480 --> 00:30:13,120
Speaker 18: Well, it seems that they have not had a policy

645
00:30:13,200 --> 00:30:17,520
Speaker 18: in place, and that is the problem here, because what

646
00:30:17,680 --> 00:30:21,360
Speaker 18: they've said is that they assess each case on its

647
00:30:21,440 --> 00:30:24,320
Speaker 18: own merits, on a case by case basis, without any

648
00:30:24,400 --> 00:30:28,040
Speaker 18: general policy or thresholds in place to take enforcement action.

649
00:30:28,240 --> 00:30:29,480
Speaker 18: And therein lies the problem.

650
00:30:30,000 --> 00:30:30,400
Speaker 17: Is there a.

651
00:30:30,440 --> 00:30:33,320
Speaker 3: Problem that can be fixed because this literally, in my experience,

652
00:30:33,360 --> 00:30:35,040
Speaker 3: has been going on for decades. I don't know how

653
00:30:35,080 --> 00:30:37,600
Speaker 3: many interviews I've done about this. People the fault. No

654
00:30:37,640 --> 00:30:40,400
Speaker 3: one gets chased up there's acrimony and angst all over

655
00:30:40,440 --> 00:30:43,920
Speaker 3: the place, and it's been a problem forever. Well.

656
00:30:44,000 --> 00:30:47,920
Speaker 18: I think the reason that they've attributed to their lack

657
00:30:47,960 --> 00:30:51,800
Speaker 18: of enforcement action. First they said it's because of COVID

658
00:30:51,920 --> 00:30:56,120
Speaker 18: and also a change in government priority. So it may

659
00:30:56,280 --> 00:30:59,080
Speaker 18: very well be a resourcing issue, because it's not that

660
00:30:59,160 --> 00:31:02,160
Speaker 18: they don't have the power to take action. The legislation

661
00:31:02,320 --> 00:31:05,760
Speaker 18: does give them powers to obtain warrants, succeed and charging

662
00:31:05,880 --> 00:31:06,600
Speaker 18: orders and the light.

663
00:31:07,000 --> 00:31:07,760
Speaker 17: It just seems that.

664
00:31:07,840 --> 00:31:11,600
Speaker 18: They don't actually take steps and use the options that

665
00:31:11,680 --> 00:31:12,719
Speaker 18: are available to them.

666
00:31:12,960 --> 00:31:15,400
Speaker 3: Those are big number, sixty six thousand people in default.

667
00:31:15,440 --> 00:31:16,760
Speaker 3: What do you need to do to be in default?

668
00:31:16,800 --> 00:31:18,479
Speaker 3: Have you missed one month? Are you in default?

669
00:31:20,160 --> 00:31:22,720
Speaker 18: You wouldn't be. I expect that that number would bundle

670
00:31:22,840 --> 00:31:26,800
Speaker 18: up all the different balances of debts, regardless of what

671
00:31:26,960 --> 00:31:30,160
Speaker 18: the debt balance is. But I think the number does

672
00:31:30,360 --> 00:31:34,040
Speaker 18: increase exponentially because of the interest and penalty. So the

673
00:31:34,120 --> 00:31:36,280
Speaker 18: numbers can look a bit secured in terms of debt

674
00:31:36,360 --> 00:31:38,920
Speaker 18: balances when it includes interesting exactly.

675
00:31:38,600 --> 00:31:40,520
Speaker 3: What I wanted to raise, because once you're in default,

676
00:31:40,520 --> 00:31:42,560
Speaker 3: you're in default. Default the fault and interest if you've

677
00:31:42,600 --> 00:31:44,880
Speaker 3: scarped to Australia and you're never going to pay that

678
00:31:45,040 --> 00:31:46,240
Speaker 3: just builds and builds, doesn't it?

679
00:31:47,120 --> 00:31:49,960
Speaker 18: Absolutely, that's right, and that's what that six hundred and

680
00:31:50,040 --> 00:31:53,040
Speaker 18: sixty three million number includes, all of those interests and

681
00:31:53,080 --> 00:31:55,000
Speaker 18: penalties on top of the principal balance.

682
00:31:55,280 --> 00:31:57,560
Speaker 3: How many clients do you sit across the desk from

683
00:31:57,720 --> 00:32:00,680
Speaker 3: San Sharon and simply go, look, it is the way

684
00:32:00,720 --> 00:32:01,720
Speaker 3: it is. I'm sorry, I don't know.

685
00:32:01,720 --> 00:32:05,560
Speaker 18: What to do well because I do a lot of

686
00:32:05,680 --> 00:32:09,479
Speaker 18: relationship property. But what I try to do is bundle

687
00:32:09,600 --> 00:32:13,880
Speaker 18: up the child support within any settlement around the division

688
00:32:13,960 --> 00:32:16,920
Speaker 18: of relationship property. It's not a full proof way of

689
00:32:17,120 --> 00:32:19,320
Speaker 18: dealing with it, but at least if you can incorporate

690
00:32:19,400 --> 00:32:23,160
Speaker 18: it into the settlement and get some kind of voluntary

691
00:32:23,200 --> 00:32:26,560
Speaker 18: agreement in places part of the overall property division, then

692
00:32:26,840 --> 00:32:29,440
Speaker 18: I find that that tends to amelia to the issues

693
00:32:29,480 --> 00:32:29,920
Speaker 18: that we're.

694
00:32:29,760 --> 00:32:32,840
Speaker 3: Talking about, because how much of a problem is anger

695
00:32:33,040 --> 00:32:35,760
Speaker 3: and fury and frustration the family court and no one

696
00:32:35,840 --> 00:32:38,120
Speaker 3: wins and everyone's a loser, et cetera, and hence there's

697
00:32:38,160 --> 00:32:39,040
Speaker 3: the start of the problem.

698
00:32:41,240 --> 00:32:43,680
Speaker 18: Well, I think card support seems to be one of

699
00:32:43,760 --> 00:32:48,240
Speaker 18: those one of those sensitive topics for the majority of parents,

700
00:32:48,320 --> 00:32:50,160
Speaker 18: and I think it must stem from them. I mean,

701
00:32:50,200 --> 00:32:53,520
Speaker 18: you're dealing with children here, and that usually the most

702
00:32:53,560 --> 00:32:57,000
Speaker 18: important thing in most parents' lives, and so it's a

703
00:32:57,120 --> 00:32:59,880
Speaker 18: very sensitive topic. And when you've got a system that's

704
00:33:00,200 --> 00:33:03,080
Speaker 18: completely broken, that well on its way to being broken,

705
00:33:03,280 --> 00:33:04,960
Speaker 18: then a Devin.

706
00:33:04,760 --> 00:33:08,360
Speaker 3: Maxwell, Sharon, appreciate your time, Verty much, Sharon Chandra. Ongoing

707
00:33:08,400 --> 00:33:11,160
Speaker 3: problem of course, ninely one thousand people pay child support,

708
00:33:11,240 --> 00:33:13,920
Speaker 3: sixty six thousand are in defil Ten minutes past seven

709
00:33:14,640 --> 00:33:17,640
Speaker 3: scar speaking of other problems Health Service and the Minister

710
00:33:17,720 --> 00:33:20,080
Speaker 3: of Shane Retty with us after seven thirty rare insight

711
00:33:20,120 --> 00:33:22,680
Speaker 3: from the chief executive. Before that though Chief Executive of

712
00:33:22,800 --> 00:33:27,160
Speaker 3: Treasury leaving a job shortly exit interview. This is Caroly McLeish,

713
00:33:27,360 --> 00:33:30,880
Speaker 3: doctor says changes are required to address the Crown's structural deficit.

714
00:33:31,280 --> 00:33:33,720
Speaker 3: She's arguing for a higher retirement age and introducing a

715
00:33:33,760 --> 00:33:36,840
Speaker 3: capital gains tax. The former Reserve Bank economist Michael Riddell's

716
00:33:36,880 --> 00:33:40,520
Speaker 3: with us on this Michael morning, is she broadly right?

717
00:33:41,800 --> 00:33:43,720
Speaker 12: I was just probably wrong about the structural deficit. And

718
00:33:43,760 --> 00:33:47,320
Speaker 12: structural deficits don't fix themselves. They need hard choices about

719
00:33:47,360 --> 00:33:50,880
Speaker 12: things that governments don't want to do. You can't just

720
00:33:51,040 --> 00:33:53,880
Speaker 12: nip and tuck cut a fewback off of staff out

721
00:33:54,360 --> 00:33:57,080
Speaker 12: to solve those problems. It's become quite a serious issue

722
00:33:57,120 --> 00:33:57,960
Speaker 12: in the last few years.

723
00:33:58,240 --> 00:33:59,560
Speaker 3: What is the structural deficit?

724
00:34:00,600 --> 00:34:03,400
Speaker 12: Jectural deficit just means one that won't go away by itself.

725
00:34:03,600 --> 00:34:05,840
Speaker 12: So you have when the economy turns down and we

726
00:34:05,920 --> 00:34:07,520
Speaker 12: have a recession like you have at the moment, it's

727
00:34:07,600 --> 00:34:11,399
Speaker 12: natural that revenue tax revenue drops away the recession temporarily.

728
00:34:12,120 --> 00:34:15,040
Speaker 12: A structural deficit is when the economy recovers, are you

729
00:34:15,120 --> 00:34:18,880
Speaker 12: back to dalance or back to surplus. If it's deficite,

730
00:34:19,000 --> 00:34:21,120
Speaker 12: you're not. And that's the situation that we're in now.

731
00:34:21,280 --> 00:34:25,279
Speaker 12: The economy could recover back to trend growth and we'd

732
00:34:25,320 --> 00:34:27,320
Speaker 12: still be left with a large deficit, and one that

733
00:34:27,400 --> 00:34:29,279
Speaker 12: only is going to get worse next decade. There's the

734
00:34:29,320 --> 00:34:33,759
Speaker 12: precious of an aging population on health and superannuations spending worse.

735
00:34:34,200 --> 00:34:36,279
Speaker 3: Why don't governments run their lives the way we run

736
00:34:36,320 --> 00:34:36,719
Speaker 3: our lies?

737
00:34:37,080 --> 00:34:40,600
Speaker 12: Broadly well, Gerily, governments had a pretty good record for

738
00:34:40,640 --> 00:34:43,760
Speaker 12: twenty years of doing so under both national and labor

739
00:34:44,440 --> 00:34:47,560
Speaker 12: and it's really hard to understand the last five or

740
00:34:47,560 --> 00:34:51,360
Speaker 12: six years you know, a Dernam Robertson before COVID was

741
00:34:51,360 --> 00:34:55,120
Speaker 12: still running surpluses. COVID displaced things. There was a lot

742
00:34:55,160 --> 00:34:58,080
Speaker 12: of spending that had to happen because of the COVID shutdown.

743
00:34:58,400 --> 00:35:02,160
Speaker 12: But then we never got back to discipline spending after that.

744
00:35:02,560 --> 00:35:04,640
Speaker 12: And once you lose that discipline, it's really hard to

745
00:35:04,760 --> 00:35:07,480
Speaker 12: regain it. And Treasury is partly at fault for that.

746
00:35:07,600 --> 00:35:10,279
Speaker 12: I mean, their advice until too late in the piece

747
00:35:10,719 --> 00:35:13,200
Speaker 12: to Grant Robertson was that it was okay, there was

748
00:35:13,320 --> 00:35:16,480
Speaker 12: room for further increases in spending even after the worst

749
00:35:16,520 --> 00:35:17,399
Speaker 12: of COPD was over.

750
00:35:17,560 --> 00:35:19,520
Speaker 3: Right, So when you talk about a capital gains tax

751
00:35:19,640 --> 00:35:22,840
Speaker 3: and the retirement age, you're talking not only fiscal but politics.

752
00:35:23,000 --> 00:35:24,960
Speaker 3: Is anyone bold enough if they were going to run

753
00:35:25,000 --> 00:35:27,200
Speaker 3: the argument, to actually run it and go for a

754
00:35:27,320 --> 00:35:29,759
Speaker 3: vote and take that risk or not well?

755
00:35:29,760 --> 00:35:31,719
Speaker 12: I mean National has campaigned in the last two or

756
00:35:31,760 --> 00:35:35,759
Speaker 12: three elections for very slowly raising retirement age. New Zealand

757
00:35:35,840 --> 00:35:38,400
Speaker 12: first is the block. They're an absolute no on this.

758
00:35:39,000 --> 00:35:41,560
Speaker 12: Later back in twenty fourteen, campaigned on it. I think

759
00:35:41,880 --> 00:35:46,719
Speaker 12: almost everyone recognizes in sort of policy circles that it's good,

760
00:35:46,760 --> 00:35:51,799
Speaker 12: insensible and necessary and overdue adjustment. What will enable someone

761
00:35:51,880 --> 00:35:54,000
Speaker 12: finally to make the move, I'm not sure. Maybe it

762
00:35:54,080 --> 00:35:57,239
Speaker 12: takes into the crisis. Cameral gains tax is one of

763
00:35:57,280 --> 00:36:01,560
Speaker 12: those where there's sort of a lot more genuine difference

764
00:36:01,560 --> 00:36:03,680
Speaker 12: of view as whether it's fair and right and also

765
00:36:03,800 --> 00:36:06,960
Speaker 12: whether revenue. A lot of the capital gains in the

766
00:36:07,040 --> 00:36:09,120
Speaker 12: last few years has been House of Christ inflation. But

767
00:36:09,280 --> 00:36:11,279
Speaker 12: Christ Bishop tells us the hit housing reforms are going

768
00:36:11,320 --> 00:36:13,120
Speaker 12: to cut out prices, so they might not be much

769
00:36:13,120 --> 00:36:13,680
Speaker 12: revenue there.

770
00:36:13,920 --> 00:36:16,759
Speaker 3: Well, we'll see what happens. As a pleasure Michael Michael Riddell,

771
00:36:17,160 --> 00:36:20,799
Speaker 3: former Reserve Bank economist. As thirteen past seven, they had

772
00:36:20,840 --> 00:36:23,880
Speaker 3: a letter in front of me. It starts tena koto,

773
00:36:24,040 --> 00:36:26,360
Speaker 3: as so many letters these days tend to. But it

774
00:36:26,520 --> 00:36:30,200
Speaker 3: is from a grouping of people involved broadly in the

775
00:36:30,440 --> 00:36:34,160
Speaker 3: energy sector. Gas New Zealand Major Electricity Users Group, Major

776
00:36:34,200 --> 00:36:39,560
Speaker 3: Gas Listers Group. Electricity Networks are tier Roer Energy Resources

777
00:36:39,760 --> 00:36:42,879
Speaker 3: are tier Row Business New Zealand Energy Council, et cetera.

778
00:36:42,920 --> 00:36:45,000
Speaker 3: The right of the government, as a collective representing New

779
00:36:45,080 --> 00:36:48,000
Speaker 3: Zealand's energy and resources sector, we righte to advocate a

780
00:36:48,080 --> 00:36:50,399
Speaker 3: return to cross party consensus. Not sure where they think

781
00:36:50,400 --> 00:36:52,520
Speaker 3: they had cross party consensus, but apparently they want to

782
00:36:52,520 --> 00:36:56,080
Speaker 3: return to it. They point out, probably obviously keeping the

783
00:36:56,200 --> 00:36:59,319
Speaker 3: lights on our homes, schools and hospitals warm and our

784
00:36:59,360 --> 00:37:02,400
Speaker 3: factories operate shouldn't be a part of an issue, no kidding,

785
00:37:02,719 --> 00:37:06,800
Speaker 3: A New Zealand Inc. Approach is required. They conclude with

786
00:37:07,280 --> 00:37:10,280
Speaker 3: their words A useful way to help start to frame

787
00:37:10,400 --> 00:37:14,640
Speaker 3: up a cross party consensus. A. The importance of policy

788
00:37:14,680 --> 00:37:17,640
Speaker 3: stability to unlock long live private sector investments fair enough.

789
00:37:18,080 --> 00:37:20,840
Speaker 3: B the resilience of New Zealand's energy system to climate

790
00:37:20,880 --> 00:37:23,600
Speaker 3: in other shocks. See the strength of an energy system

791
00:37:23,640 --> 00:37:26,520
Speaker 3: that has access to diverse technologies and fuels, and the

792
00:37:26,600 --> 00:37:29,800
Speaker 3: sector playing its fair part in our journey to a

793
00:37:29,840 --> 00:37:31,880
Speaker 3: net zero carbon emissions future. So, in other words, they

794
00:37:31,920 --> 00:37:34,440
Speaker 3: want everyone to get on together, or build roads together,

795
00:37:34,600 --> 00:37:37,640
Speaker 3: or build infrastructure together, and all provide power together.

796
00:37:37,680 --> 00:37:38,920
Speaker 4: Mique problem solved.

797
00:37:39,080 --> 00:37:43,000
Speaker 3: Yeah, yeah exactly. So my question is what chance you

798
00:37:43,080 --> 00:37:45,520
Speaker 3: reckon that's going to happen? Quart to past.

799
00:37:46,800 --> 00:37:51,200
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

800
00:37:51,239 --> 00:37:52,960
Speaker 1: by newstalksb.

801
00:37:52,520 --> 00:37:54,960
Speaker 3: Use Talks AB seventeen minutes past seven. Health Minister Shane

802
00:37:55,000 --> 00:37:56,000
Speaker 3: reading the Sports after right.

803
00:37:56,040 --> 00:37:56,319
Speaker 17: Of course.

804
00:37:56,360 --> 00:38:00,760
Speaker 3: Another idea to help the environment to do with tires.

805
00:38:00,800 --> 00:38:02,839
Speaker 3: We import six and a half million tires every year.

806
00:38:02,960 --> 00:38:04,560
Speaker 3: Three point nine million of those end up on the

807
00:38:04,640 --> 00:38:08,040
Speaker 3: landfill or dumped. So tire Wise, private scheme supported by

808
00:38:08,080 --> 00:38:10,320
Speaker 3: the government, is here to help. Apparently Adel roses with

809
00:38:10,440 --> 00:38:12,160
Speaker 3: us on or this adele morning.

810
00:38:11,960 --> 00:38:13,799
Speaker 19: To you morning Mike.

811
00:38:14,080 --> 00:38:17,200
Speaker 3: How many of us even think about it given we

812
00:38:17,440 --> 00:38:19,719
Speaker 3: just go down to wherever and you know when you

813
00:38:19,800 --> 00:38:21,759
Speaker 3: do the warrant and they flip the tire across and

814
00:38:21,960 --> 00:38:23,239
Speaker 3: we just drive a new tire away.

815
00:38:24,719 --> 00:38:28,160
Speaker 19: Well, I think that that's a good point. And so

816
00:38:29,640 --> 00:38:34,319
Speaker 19: what Tirewise does is make sure that once you leave

817
00:38:34,520 --> 00:38:37,360
Speaker 19: the store you can be sure that your tire gets

818
00:38:37,400 --> 00:38:39,000
Speaker 19: to where you think it's going to go to an

819
00:38:39,120 --> 00:38:42,600
Speaker 19: end of life. So by their saving the phase actually

820
00:38:42,680 --> 00:38:47,600
Speaker 19: collected by the regulator at point of import on both

821
00:38:47,719 --> 00:38:52,880
Speaker 19: tires or MZTA on vehicles and so that money is

822
00:38:52,920 --> 00:38:56,600
Speaker 19: then controlled through the supply chain and tire Wise pays

823
00:38:56,680 --> 00:38:58,800
Speaker 19: for that collection make sure that the tie gets to

824
00:38:58,920 --> 00:38:59,600
Speaker 19: the processor.

825
00:39:00,040 --> 00:39:01,239
Speaker 3: Where do they actually go.

826
00:39:02,280 --> 00:39:05,440
Speaker 19: Yeah, so they go to various these about seven different

827
00:39:05,440 --> 00:39:08,279
Speaker 19: places around New Zealand where they go to that processes

828
00:39:09,160 --> 00:39:12,280
Speaker 19: shred and chap and to tires and a crumb rubber

829
00:39:13,280 --> 00:39:18,120
Speaker 19: and the largest proportion goes to Golden based in Portland

830
00:39:18,680 --> 00:39:22,720
Speaker 19: is tied to I feel most of the processings in Auckland,

831
00:39:22,760 --> 00:39:24,920
Speaker 19: of course Aukland, Cambridge around that area.

832
00:39:25,040 --> 00:39:26,920
Speaker 3: Does any of it end up on roads? I thought

833
00:39:26,960 --> 00:39:28,200
Speaker 3: they were making it into roads.

834
00:39:28,840 --> 00:39:32,160
Speaker 19: Well, that's what we want. So that's the holy grail

835
00:39:32,200 --> 00:39:35,480
Speaker 19: for New Zealand really is being able to put it

836
00:39:35,560 --> 00:39:38,359
Speaker 19: back into roading as they do just about everywhere else

837
00:39:38,440 --> 00:39:39,839
Speaker 19: in the world. Yeah.

838
00:39:40,200 --> 00:39:43,640
Speaker 3: Yeah, imagine if we could fill the potholes with old tires.

839
00:39:45,280 --> 00:39:51,200
Speaker 19: Well, imagine this that our roads last thirty percent longer,

840
00:39:53,080 --> 00:39:56,520
Speaker 19: twice as nearly twice as durable, they cost a bit

841
00:39:56,640 --> 00:40:01,120
Speaker 19: more that the money is not be made and going

842
00:40:01,200 --> 00:40:03,560
Speaker 19: back and filling the potholes and radioing their road.

843
00:40:03,640 --> 00:40:04,920
Speaker 17: So that's that's what we want.

844
00:40:05,040 --> 00:40:08,040
Speaker 19: And kind of meeting with the MZTA and early teamder

845
00:40:08,120 --> 00:40:10,759
Speaker 19: to try and push that, but only hold up as

846
00:40:10,840 --> 00:40:14,799
Speaker 19: procurement we can do it in New Zealand. Yeah, So yeah,

847
00:40:14,880 --> 00:40:17,360
Speaker 19: that's where we want our tires and news ou and

848
00:40:17,440 --> 00:40:18,400
Speaker 19: going back and to roading.

849
00:40:18,520 --> 00:40:20,200
Speaker 3: I hope it goes well for you. Adele appreciate it

850
00:40:20,280 --> 00:40:23,360
Speaker 3: very much, Adele Rose. Tire wise, how many of us

851
00:40:23,400 --> 00:40:26,200
Speaker 3: think about where they go and what they end up

852
00:40:26,239 --> 00:40:29,320
Speaker 3: and you can always use them for the little planters.

853
00:40:29,400 --> 00:40:31,440
Speaker 3: You take a tire, you fill it with some soil,

854
00:40:31,840 --> 00:40:34,640
Speaker 3: you put some potted color in. If you want a

855
00:40:34,680 --> 00:40:36,480
Speaker 3: bit of height, you put two or three tires in,

856
00:40:36,560 --> 00:40:40,640
Speaker 3: so you've got elevated potted color. Just ideas. Seven twenty.

857
00:40:42,320 --> 00:40:46,480
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeart Radio

858
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Speaker 3: three oh nine. It's the telephone number for About Health online,

872
00:41:24,280 --> 00:41:26,640
Speaker 3: About health dot co dot m Z. Now when you

873
00:41:26,760 --> 00:41:28,920
Speaker 3: order a three month supply the lesters and the Element twelve,

874
00:41:29,320 --> 00:41:32,480
Speaker 3: use the code breakfast and you'll receive a free thirty

875
00:41:32,640 --> 00:41:35,960
Speaker 3: capsule bottle of Leicester's Nightcap with your purchase. It's brilliant

876
00:41:36,000 --> 00:41:39,040
Speaker 3: so Element twelve magnesium as seen on TV from About Health.

877
00:41:39,080 --> 00:41:41,600
Speaker 3: Remember always read the label and take only as director.

878
00:41:41,640 --> 00:41:44,600
Speaker 3: But they're available at eight hundred triple nine, three oh nine.

879
00:41:45,239 --> 00:41:47,879
Speaker 3: Asking now seven twenty four. Now, with the news last

880
00:41:47,960 --> 00:41:50,359
Speaker 3: week that a lot of people are changing banks as

881
00:41:50,400 --> 00:41:53,160
Speaker 3: they refinance their mortgages, we once again ask ourselves whether

882
00:41:53,239 --> 00:41:56,080
Speaker 3: the problem we think we have is actually a problem.

883
00:41:56,400 --> 00:41:58,400
Speaker 3: We seen at least than part in this country to

884
00:41:58,480 --> 00:42:00,200
Speaker 3: be caught up with the idea that if you're one

885
00:42:00,320 --> 00:42:03,920
Speaker 3: big and two profitable, there might be an issue. Banks

886
00:42:04,280 --> 00:42:05,960
Speaker 3: have taken heat, of course for years, so much so

887
00:42:06,080 --> 00:42:08,799
Speaker 3: that the government's passed and indeed this current one are

888
00:42:08,840 --> 00:42:10,880
Speaker 3: asking some fairly serious questions about the way they do

889
00:42:11,000 --> 00:42:13,960
Speaker 3: business now. The rural sector not shorter than opinion on

890
00:42:14,000 --> 00:42:15,719
Speaker 3: the way they're being treated at the moment. But the

891
00:42:15,760 --> 00:42:18,759
Speaker 3: recent Commerce Commission report into the sector tells us very

892
00:42:18,840 --> 00:42:22,200
Speaker 3: clearly there isn't enough competition, despite the fact that there

893
00:42:22,239 --> 00:42:25,000
Speaker 3: are in fact no shortage of actual banks with which

894
00:42:25,080 --> 00:42:28,120
Speaker 3: to do business. Open banking has been touted as a

895
00:42:28,160 --> 00:42:30,480
Speaker 3: good move forward, and in theory might well be, but

896
00:42:30,560 --> 00:42:32,720
Speaker 3: the Australians will tell you it's hardly a game changer.

897
00:42:32,800 --> 00:42:36,120
Speaker 3: Technically it's easier to swap banks. Good do they well?

898
00:42:36,560 --> 00:42:39,359
Speaker 3: Seems no more than previously. So the figures produced last

899
00:42:39,400 --> 00:42:42,440
Speaker 3: week by the Reserve Bank are instructive because they're a

900
00:42:42,560 --> 00:42:44,919
Speaker 3: real world example of banking and action at the moment.

901
00:42:44,960 --> 00:42:46,759
Speaker 3: The banks are busy offering deals. Of course, they want

902
00:42:46,800 --> 00:42:49,640
Speaker 3: money out the door. They're cutting rates multiple times so far,

903
00:42:50,080 --> 00:42:51,640
Speaker 3: and that story, by the way, isn't over. There are

904
00:42:51,680 --> 00:42:53,680
Speaker 3: plenty more where that came from. And as a result

905
00:42:53,719 --> 00:42:56,680
Speaker 3: of the deals on offer, people are shopping around, people

906
00:42:56,760 --> 00:43:00,520
Speaker 3: are moving, people are taking the arrangement that best suits them.

907
00:43:00,600 --> 00:43:00,719
Speaker 2: Now.

908
00:43:00,800 --> 00:43:04,719
Speaker 3: That is what's called the market working. Now, if you

909
00:43:04,840 --> 00:43:07,160
Speaker 3: run a poll and ask whether people are happy or

910
00:43:07,239 --> 00:43:09,359
Speaker 3: you're paying too much. We like things to be cheaper,

911
00:43:09,400 --> 00:43:11,319
Speaker 3: you'll always get the predictable answer. I mean, even at

912
00:43:11,360 --> 00:43:14,400
Speaker 3: supermarkets as prices drop, people will tell you they're not.

913
00:43:14,840 --> 00:43:16,920
Speaker 3: Once again, I offer the rider that this is not

914
00:43:17,000 --> 00:43:19,239
Speaker 3: a defense of banks or banking or big business, but

915
00:43:19,360 --> 00:43:21,800
Speaker 3: it is an observation of the real world based on

916
00:43:21,920 --> 00:43:24,200
Speaker 3: real facts and real events. So just how bad is

917
00:43:24,280 --> 00:43:30,560
Speaker 3: the perceived problem versus what's actually happening? Asking swing, Glenn says,

918
00:43:30,600 --> 00:43:32,920
Speaker 3: a swing for your tires. Quite wrong. I should have

919
00:43:32,960 --> 00:43:35,160
Speaker 3: gone swing over potted color, but it's too late now.

920
00:43:35,520 --> 00:43:38,840
Speaker 3: My child support threshold, the system seriously flawed because it

921
00:43:38,880 --> 00:43:41,480
Speaker 3: incentivizes parents is to go for financial gain over best

922
00:43:41,480 --> 00:43:43,600
Speaker 3: interest to the child. If I've got my child one

923
00:43:43,680 --> 00:43:45,640
Speaker 3: hundred and two nights per year, which is twenty six percent,

924
00:43:46,080 --> 00:43:47,800
Speaker 3: I paid the same amount in child support as I

925
00:43:47,840 --> 00:43:49,839
Speaker 3: would if I had them zero nights a year. One

926
00:43:49,880 --> 00:43:51,840
Speaker 3: hundred and three nights or twenty seven percent changes the

927
00:43:51,880 --> 00:43:54,960
Speaker 3: amount paid considerably. Don't even get me started on every

928
00:43:55,080 --> 00:43:57,800
Speaker 3: single one of us over the years has been involved

929
00:43:58,000 --> 00:44:01,279
Speaker 3: or knows somebody who is being in some way, shape

930
00:44:01,360 --> 00:44:03,759
Speaker 3: or form, part of this complete and utter cluster of

931
00:44:03,800 --> 00:44:05,920
Speaker 3: a system. Mike and defense of the many honest and

932
00:44:06,000 --> 00:44:08,879
Speaker 3: functional split families. This is a very good point. Many

933
00:44:08,960 --> 00:44:11,640
Speaker 3: parents have child support arrangements without IRD. In fact, when

934
00:44:11,680 --> 00:44:13,920
Speaker 3: you refer to the IID website, they make it clear

935
00:44:14,560 --> 00:44:17,000
Speaker 3: their preference is not to be involved if things can

936
00:44:17,080 --> 00:44:19,600
Speaker 3: be agreed and managed mutually. That's an excellent point.

937
00:44:19,719 --> 00:44:19,879
Speaker 9: Mike.

938
00:44:19,960 --> 00:44:22,680
Speaker 3: A new plant's under construction to make a product that's

939
00:44:22,760 --> 00:44:25,360
Speaker 3: being used in Tarsal from recycled tires. This is the

940
00:44:25,480 --> 00:44:27,399
Speaker 3: first plant of its type in the country. They will

941
00:44:27,440 --> 00:44:31,600
Speaker 3: recycle eight thousand tons of tires per year. Brilliant, Mike.

942
00:44:31,640 --> 00:44:34,480
Speaker 3: And the roads in Marlboro blasted lasted thirty percent longer.

943
00:44:35,000 --> 00:44:36,799
Speaker 3: That would make their life span about six months.

944
00:44:38,440 --> 00:44:38,799
Speaker 17: Very good.

945
00:44:38,880 --> 00:44:40,879
Speaker 3: And then we come to the vexed issue of health.

946
00:44:41,000 --> 00:44:44,359
Speaker 3: So more and more electives are being dropped. Why are

947
00:44:44,520 --> 00:44:47,600
Speaker 3: because they require the theaters and the people in the

948
00:44:47,680 --> 00:44:50,839
Speaker 3: theaters to do more important urgent stuff, which then leads

949
00:44:50,880 --> 00:44:53,240
Speaker 3: you to the question, why is there so much urgent

950
00:44:53,400 --> 00:44:56,680
Speaker 3: medicine going on? Is less dis solving this problem? Do

951
00:44:56,800 --> 00:44:59,839
Speaker 3: Shane know what's going on? Questions and answers on health

952
00:45:00,080 --> 00:45:01,320
Speaker 3: right after the news, which.

953
00:45:01,239 --> 00:45:05,719
Speaker 1: Is next the Breakfast Show. You can trust the Mike

954
00:45:05,800 --> 00:45:10,640
Speaker 1: Hosking Breakfast with Bailey's Real Estate, your local experts across residential,

955
00:45:10,719 --> 00:45:12,800
Speaker 1: commercial and rural news togsad be.

956
00:45:13,400 --> 00:45:15,920
Speaker 3: It's some concern. I tell you that Stat's New Zealand's

957
00:45:15,920 --> 00:45:20,920
Speaker 3: investigation into the census data allegedly misused during the election campaign.

958
00:45:22,000 --> 00:45:25,160
Speaker 3: That particular investigation has been extended and we don't have

959
00:45:25,200 --> 00:45:29,200
Speaker 3: a new deadline. So the argument was to party Mari's candidate,

960
00:45:29,560 --> 00:45:34,359
Speaker 3: this is tash Kemp, Takatai Tash Kemp. Sort of they

961
00:45:34,400 --> 00:45:36,520
Speaker 3: were all at the Mariah. She was the CEO of

962
00:45:36,560 --> 00:45:38,880
Speaker 3: the Mariah. She was a candidate in the area. You

963
00:45:39,000 --> 00:45:40,880
Speaker 3: go along and you might be filling out your senses,

964
00:45:40,920 --> 00:45:44,000
Speaker 3: you might be filling out your entry form to participate

965
00:45:44,080 --> 00:45:47,200
Speaker 3: in the election, and it all got a bit so

966
00:45:47,480 --> 00:45:51,600
Speaker 3: hence we have an investigation. Multiple agencies are investigating. Quote,

967
00:45:51,640 --> 00:45:53,560
Speaker 3: it's vital the people in New Zealand can trust that

968
00:45:53,600 --> 00:45:55,960
Speaker 3: when they provide their information to us, it's held securely,

969
00:45:56,360 --> 00:45:59,080
Speaker 3: no kidding. Findings would be shared with the police, the

970
00:45:59,120 --> 00:46:01,319
Speaker 3: Public Service Commission, in the wider public. All that's good,

971
00:46:01,360 --> 00:46:02,840
Speaker 3: but we just don't know how long it's going to

972
00:46:02,920 --> 00:46:05,759
Speaker 3: take and what we're going to find. Twenty two minutes

973
00:46:05,760 --> 00:46:08,759
Speaker 3: away from it, support a course after right with the

974
00:46:08,840 --> 00:46:10,880
Speaker 3: lads in the commentary box. Meantime, there's a business of

975
00:46:10,920 --> 00:46:13,920
Speaker 3: Health New figures this morning nearly one in five elected

976
00:46:13,960 --> 00:46:16,400
Speaker 3: surgeries have been canceled, and that's because they get bumped

977
00:46:16,480 --> 00:46:18,640
Speaker 3: due to the acute or emergency patients in great in need.

978
00:46:18,680 --> 00:46:21,200
Speaker 3: Now the Health New Zealand's been investigating this particular problem

979
00:46:21,600 --> 00:46:23,400
Speaker 3: at the request of the Minister, and the Minister is,

980
00:46:23,400 --> 00:46:25,319
Speaker 3: of course, Sir doctor Shane Rittie, who is with us.

981
00:46:25,400 --> 00:46:26,120
Speaker 3: Very good morning to you.

982
00:46:27,520 --> 00:46:28,040
Speaker 20: Good morning Mike.

983
00:46:28,280 --> 00:46:29,560
Speaker 3: You've got any answers.

984
00:46:32,080 --> 00:46:34,960
Speaker 20: Look, we've certainly got solutions, but this is a key

985
00:46:35,040 --> 00:46:38,480
Speaker 20: issue that twenty percent to are canceled due to acute surgery.

986
00:46:38,600 --> 00:46:40,520
Speaker 20: Of course we want that if you're urgent, you do

987
00:46:40,640 --> 00:46:43,320
Speaker 20: take a priority. But the consequences if you've been planned

988
00:46:43,360 --> 00:46:46,120
Speaker 20: for weeks, months or whatever, you get bumped off. And

989
00:46:46,239 --> 00:46:48,919
Speaker 20: so the most immediate solution is a model of care

990
00:46:49,160 --> 00:46:51,839
Speaker 20: that separates the issues and electives. That is that one

991
00:46:51,880 --> 00:46:54,640
Speaker 20: hospital little More for example, does the acutes and counties

992
00:46:54,680 --> 00:46:57,319
Speaker 20: Monakal does the elective. Then you don't get bumped off

993
00:46:57,360 --> 00:46:58,640
Speaker 20: with what's coming in through the front door.

994
00:46:58,760 --> 00:47:00,680
Speaker 3: Yep. That's good on a major city like Auckland. What

995
00:47:00,719 --> 00:47:02,680
Speaker 3: about every other city that doesn't have quite the same

996
00:47:02,760 --> 00:47:04,000
Speaker 3: facilities as Auckland does.

997
00:47:05,280 --> 00:47:07,120
Speaker 20: Yeah, so this is part of the models of care

998
00:47:07,160 --> 00:47:09,839
Speaker 20: that we're looking to roll out across the country. How

999
00:47:09,960 --> 00:47:14,600
Speaker 20: we can separate either physically or functionally acute from electives

1000
00:47:14,719 --> 00:47:18,839
Speaker 20: so that the electives are not canceled out enough. There's

1001
00:47:18,840 --> 00:47:21,080
Speaker 20: a number of things to do here. We need to

1002
00:47:21,120 --> 00:47:24,040
Speaker 20: look at that workflow into theater, so a theater utilization,

1003
00:47:24,360 --> 00:47:26,440
Speaker 20: are we starting on time? Are people turning up with

1004
00:47:26,560 --> 00:47:29,359
Speaker 20: their consents all done? And then of course making sure

1005
00:47:29,360 --> 00:47:31,640
Speaker 20: we've got the right people in theater to do these cases.

1006
00:47:31,880 --> 00:47:34,000
Speaker 20: Six five hundred more cases done to the end of

1007
00:47:34,080 --> 00:47:36,040
Speaker 20: June twenty four. So that's pleasing, but a lot of

1008
00:47:36,040 --> 00:47:36,360
Speaker 20: work to do.

1009
00:47:36,640 --> 00:47:39,600
Speaker 3: Good do you have the facilities and the people And

1010
00:47:39,760 --> 00:47:41,520
Speaker 3: isn't that fundamentally what the problem is.

1011
00:47:43,600 --> 00:47:45,320
Speaker 20: Yes, it is a couple of things. One of the

1012
00:47:45,400 --> 00:47:48,160
Speaker 20: pinch points for the last eighteen months has been something

1013
00:47:48,200 --> 00:47:51,719
Speaker 20: called anesthetic technicians, which are a really specialized group of

1014
00:47:51,760 --> 00:47:55,120
Speaker 20: people that actually were holding up or not enough of them.

1015
00:47:55,840 --> 00:47:58,480
Speaker 20: We're holding up some of our ambitions around planning care.

1016
00:47:58,680 --> 00:48:01,000
Speaker 20: So building up that workforce and then if you stay

1017
00:48:01,080 --> 00:48:04,120
Speaker 20: more beds like Totadahomo who the new building with more beds.

1018
00:48:04,400 --> 00:48:06,680
Speaker 3: Okay, by the way, a couple of things before I

1019
00:48:06,760 --> 00:48:08,759
Speaker 3: forget because I haven't interviewed you since there was a problem.

1020
00:48:08,800 --> 00:48:10,960
Speaker 3: A couple of weekends ago. There was a massive jobs

1021
00:48:11,040 --> 00:48:14,080
Speaker 3: fare for nurses and the queue was a mile long.

1022
00:48:14,200 --> 00:48:16,440
Speaker 3: And there's all these unemployed nurses in this country who

1023
00:48:16,440 --> 00:48:18,400
Speaker 3: have got visas who came into the country, but they

1024
00:48:18,440 --> 00:48:20,839
Speaker 3: can't be employed. How come we got so many one?

1025
00:48:21,040 --> 00:48:22,960
Speaker 3: How many? We got so many people coming into the

1026
00:48:23,000 --> 00:48:25,520
Speaker 3: country on a visa for a career that we're short of,

1027
00:48:25,640 --> 00:48:27,640
Speaker 3: and yet they don't get jobs. How does that work?

1028
00:48:29,000 --> 00:48:29,200
Speaker 21: Yeah?

1029
00:48:29,239 --> 00:48:31,840
Speaker 20: Great question. And in fact I'm overready asked for briefings

1030
00:48:32,080 --> 00:48:35,200
Speaker 20: and receive some of them around our immigration settings, because

1031
00:48:35,239 --> 00:48:37,880
Speaker 20: if we just don't have places for these iqns, these

1032
00:48:37,920 --> 00:48:42,000
Speaker 20: international qualified nurses, then we shouldn't be offering them pathways

1033
00:48:42,480 --> 00:48:46,640
Speaker 20: through what's now and Osky into New Zealand. Furthermore, the

1034
00:48:46,760 --> 00:48:49,400
Speaker 20: risk we run that we're then unable to take on

1035
00:48:49,520 --> 00:48:52,279
Speaker 20: our own domestically trained graduates. You know, part of the issue.

1036
00:48:52,320 --> 00:48:54,640
Speaker 20: We've got here now, So have got that piece of

1037
00:48:54,719 --> 00:48:57,200
Speaker 20: worker looking at the immigration leaders, looking at the nursing

1038
00:48:57,239 --> 00:48:59,800
Speaker 20: council leaders, because I think we need to be honest

1039
00:48:59,840 --> 00:49:01,759
Speaker 20: with some of these nurses. There is a place or

1040
00:49:01,760 --> 00:49:02,399
Speaker 20: there is not a place.

1041
00:49:02,520 --> 00:49:06,520
Speaker 3: Yeah, exactly good. Then the next question is this emergency

1042
00:49:06,600 --> 00:49:09,600
Speaker 3: stuff that's bumping electives off? Is it an emergency because

1043
00:49:09,640 --> 00:49:11,319
Speaker 3: they didn't go to the GP in the first place,

1044
00:49:11,360 --> 00:49:13,359
Speaker 3: because they can't get to a GP things have got bad,

1045
00:49:13,400 --> 00:49:16,240
Speaker 3: then they're an emergency or are we just getting sicker?

1046
00:49:18,400 --> 00:49:21,160
Speaker 20: It's a combination of both. Or to the first point, though,

1047
00:49:21,760 --> 00:49:25,240
Speaker 20: I have seen some papers suggesting that it's not always

1048
00:49:25,320 --> 00:49:27,839
Speaker 20: that everyone turning up at ED are people who could

1049
00:49:27,880 --> 00:49:31,080
Speaker 20: be seen in primary care because to your second point,

1050
00:49:31,239 --> 00:49:34,759
Speaker 20: people are presenting much more ill than they previously would.

1051
00:49:34,960 --> 00:49:37,160
Speaker 20: So is a combination of the boat both. There are

1052
00:49:37,360 --> 00:49:39,560
Speaker 20: some who do turn up at ED who could be

1053
00:49:39,640 --> 00:49:41,800
Speaker 20: seen in primary care, and in places where we have

1054
00:49:41,840 --> 00:49:45,080
Speaker 20: a primary care facility alongside the ED, they go there.

1055
00:49:45,280 --> 00:49:47,480
Speaker 20: But it's not quite the answer that people would think, Oh,

1056
00:49:48,000 --> 00:49:49,880
Speaker 20: just turn on more primary care and it'll solve our

1057
00:49:50,040 --> 00:49:51,960
Speaker 20: ED turn ups. Some of them are turning up so

1058
00:49:52,120 --> 00:49:54,920
Speaker 20: ill just the nature of being an older population getting

1059
00:49:54,960 --> 00:49:57,399
Speaker 20: more ill that actually they were unsuitable for primary care

1060
00:49:57,400 --> 00:49:57,640
Speaker 20: as well.

1061
00:49:57,840 --> 00:49:59,920
Speaker 3: Is it just age or are we not looking up

1062
00:50:00,080 --> 00:50:02,479
Speaker 3: for ourselves. We're eating too much crap, we're too fat,

1063
00:50:02,640 --> 00:50:04,600
Speaker 3: and we're ending up ill and that's going to burden

1064
00:50:04,680 --> 00:50:05,480
Speaker 3: us for years to come.

1065
00:50:07,080 --> 00:50:08,959
Speaker 20: Combination of things, because if we look at all around

1066
00:50:08,960 --> 00:50:12,320
Speaker 20: the world that aging population. As you get older, regardless

1067
00:50:12,360 --> 00:50:16,239
Speaker 20: of the perfect lifestyle, age will for you and so

1068
00:50:16,680 --> 00:50:19,040
Speaker 20: you will be more susceptible to getting ill. Your immune

1069
00:50:19,080 --> 00:50:22,239
Speaker 20: system naturally runs down. You'll become more susceptible to getting

1070
00:50:22,280 --> 00:50:26,960
Speaker 20: ill and that is more likely to place you in hospital. Undoubtedly,

1071
00:50:27,160 --> 00:50:30,200
Speaker 20: the lifestyle choices that we make can enhance that can

1072
00:50:30,280 --> 00:50:33,440
Speaker 20: further run down your immune system, but age will do

1073
00:50:33,520 --> 00:50:34,200
Speaker 20: that regardless.

1074
00:50:34,320 --> 00:50:36,520
Speaker 3: Okay, Lester Levy, do you have a sense of how

1075
00:50:36,600 --> 00:50:37,320
Speaker 3: he's going.

1076
00:50:39,000 --> 00:50:40,920
Speaker 20: Yeah, making good progress. This is a hard job. Just

1077
00:50:41,000 --> 00:50:43,759
Speaker 20: remember this is the biggest organization in New Zealand and

1078
00:50:44,120 --> 00:50:46,719
Speaker 20: as we've lifted back the covers has been financial surprises,

1079
00:50:46,760 --> 00:50:50,080
Speaker 20: as you'll be aware of, He's making really good progress.

1080
00:50:50,080 --> 00:50:54,320
Speaker 20: We've appointed the four regional deputy chief executives, so passing

1081
00:50:54,400 --> 00:50:57,760
Speaker 20: those decisions making out of Wellington back into the regions

1082
00:50:57,840 --> 00:51:00,680
Speaker 20: they will been appointed. Most of them have already started,

1083
00:51:00,920 --> 00:51:03,600
Speaker 20: so making good progress. This is a long, slow haul

1084
00:51:03,680 --> 00:51:04,719
Speaker 20: to lift this up.

1085
00:51:04,719 --> 00:51:07,160
Speaker 3: Fix the wholes Okay, given the size of the problem

1086
00:51:07,239 --> 00:51:09,719
Speaker 3: you face and the money involved, how is it. I'm

1087
00:51:09,760 --> 00:51:12,040
Speaker 3: watching the news last night and we're having a debate

1088
00:51:12,120 --> 00:51:15,359
Speaker 3: about toast and pregnant women, and how has it got

1089
00:51:15,520 --> 00:51:17,160
Speaker 3: so bad that toast is a debate.

1090
00:51:19,080 --> 00:51:22,359
Speaker 20: I completely agree with you. These are adult women who

1091
00:51:22,560 --> 00:51:25,640
Speaker 20: can make choices. And a furthermore, toast is an easy

1092
00:51:25,719 --> 00:51:29,280
Speaker 20: comfort food after having a baby. So, as I expressed,

1093
00:51:29,440 --> 00:51:32,200
Speaker 20: too healthy is in seriously reconsider your positions on this

1094
00:51:32,480 --> 00:51:33,279
Speaker 20: makes no sense to me.

1095
00:51:33,560 --> 00:51:36,080
Speaker 3: Good nice to talk to you, appreciate it. Doctor Shane Retti,

1096
00:51:36,160 --> 00:51:37,959
Speaker 3: health Minister, seventeen away from eight.

1097
00:51:38,600 --> 00:51:42,520
Speaker 1: Cool the Mike Asking Breakfast, a full show podcast on

1098
00:51:42,760 --> 00:51:45,160
Speaker 1: iHeartRadio powered by News Talks at Me.

1099
00:51:45,960 --> 00:51:48,440
Speaker 3: It is fourteen minutes away from it. I was just

1100
00:51:48,480 --> 00:51:51,000
Speaker 3: thinking about the health system and we'll find out tomorrow

1101
00:51:51,040 --> 00:51:54,160
Speaker 3: whether or not it's driving people to health insurance because

1102
00:51:54,160 --> 00:51:56,760
Speaker 3: I haven't for some reason. We were doing some Madmond

1103
00:51:56,760 --> 00:51:59,760
Speaker 3: the other day and my health insurance bill was presented

1104
00:51:59,800 --> 00:52:01,840
Speaker 3: in front of me and I looked at it and

1105
00:52:01,920 --> 00:52:03,920
Speaker 3: I thought, man, that's a lot of money. I've never

1106
00:52:04,000 --> 00:52:06,759
Speaker 3: claimed health insurance in my life, and I thought, that's

1107
00:52:06,840 --> 00:52:08,800
Speaker 3: a lot of dough to be paying for something that

1108
00:52:08,840 --> 00:52:10,400
Speaker 3: may or may not happen. Of course, when I get

1109
00:52:10,440 --> 00:52:12,520
Speaker 3: to sixty nine and I suddenly need I'll, you know,

1110
00:52:12,640 --> 00:52:14,279
Speaker 3: there'll be a great I assume I'll be grateful for it.

1111
00:52:14,360 --> 00:52:17,479
Speaker 3: Who knows, Mike, government that can print and fund money

1112
00:52:17,880 --> 00:52:20,480
Speaker 3: its own currency, which New Zealand does, can run the

1113
00:52:20,520 --> 00:52:23,040
Speaker 3: economy differently than households. This goes back to our conversation

1114
00:52:23,080 --> 00:52:25,520
Speaker 3: with Michael dellen Moore tax and I said, why don't

1115
00:52:25,520 --> 00:52:27,480
Speaker 3: we why doesn't the government run this country the way

1116
00:52:27,520 --> 00:52:29,279
Speaker 3: we run our lives? Imagine if you could print your

1117
00:52:29,280 --> 00:52:31,120
Speaker 3: own money totally different management. I don't think so. I

1118
00:52:31,160 --> 00:52:32,920
Speaker 3: thought about your Texicans it came, and I don't think so.

1119
00:52:33,760 --> 00:52:34,040
Speaker 4: You can.

1120
00:52:34,160 --> 00:52:35,719
Speaker 3: You can, to a degree, print your own money to

1121
00:52:35,800 --> 00:52:38,960
Speaker 3: the extent you've got access to credit, and you've probably

1122
00:52:39,040 --> 00:52:41,200
Speaker 3: got more access to credit than you think you do,

1123
00:52:42,160 --> 00:52:44,400
Speaker 3: and you've probably got enough access to credit that if

1124
00:52:44,440 --> 00:52:46,680
Speaker 3: you tapped out all your credit, you'd be in a

1125
00:52:46,719 --> 00:52:49,839
Speaker 3: position where you think, bugger, I've probably borrowed too much

1126
00:52:49,880 --> 00:52:51,800
Speaker 3: money and I owe too much and you'd be sweating it.

1127
00:52:52,239 --> 00:52:54,560
Speaker 3: And so therefore you can run your life the way

1128
00:52:54,600 --> 00:52:56,520
Speaker 3: we run the country. But you don't, well most of

1129
00:52:56,600 --> 00:53:00,200
Speaker 3: us don't anyway, right life lesson over the weekend, our

1130
00:53:00,280 --> 00:53:03,160
Speaker 3: youngest is involved in a relationship with the boy's got

1131
00:53:03,200 --> 00:53:05,680
Speaker 3: a band that's actually a whole another story that I've

1132
00:53:05,680 --> 00:53:08,719
Speaker 3: come to at another time. Anyway, the band is named

1133
00:53:08,760 --> 00:53:11,319
Speaker 3: after the Oasis, not Oasis, but they were a band

1134
00:53:11,360 --> 00:53:15,040
Speaker 3: called the Fire, the Rain, the Fire, the Rain, whatever

1135
00:53:15,080 --> 00:53:16,640
Speaker 3: they were called. They were called something before they were

1136
00:53:16,640 --> 00:53:19,439
Speaker 3: called Oasis, so they named their band after Oasis before

1137
00:53:19,480 --> 00:53:22,680
Speaker 3: they became Oasis. So their fans of Oasis. So on Saturday,

1138
00:53:22,719 --> 00:53:24,640
Speaker 3: they're all online. It's about half a dozen of them,

1139
00:53:24,880 --> 00:53:28,160
Speaker 3: friends and family and stuff like that, hunting down the

1140
00:53:28,239 --> 00:53:32,200
Speaker 3: magic tickets for Manchester and next year. So one of them,

1141
00:53:32,680 --> 00:53:34,880
Speaker 3: I think a friend of a friend, actually got in.

1142
00:53:35,080 --> 00:53:37,239
Speaker 3: So you go to the waiting room. If you're lucky,

1143
00:53:37,280 --> 00:53:39,440
Speaker 3: you go beyond the waiting room into the queue. If

1144
00:53:39,440 --> 00:53:41,000
Speaker 3: you're super lucky, you go up the queue to the

1145
00:53:41,040 --> 00:53:42,759
Speaker 3: front of the queue to get some tickets. Then you

1146
00:53:42,840 --> 00:53:45,920
Speaker 3: go to the checkout. One of them got to the checkout,

1147
00:53:46,400 --> 00:53:50,080
Speaker 3: at which point the site crashed. This apparently is not uncommon.

1148
00:53:52,040 --> 00:53:54,799
Speaker 3: No one else got anywhere close, including a person I'm

1149
00:53:54,800 --> 00:53:57,600
Speaker 3: married to who sat online for several hours. In fact,

1150
00:53:57,840 --> 00:54:00,600
Speaker 3: sat online for so long she fell asleep and woke

1151
00:54:00,680 --> 00:54:03,960
Speaker 3: up the next morning. But she never got into the queue.

1152
00:54:04,080 --> 00:54:07,040
Speaker 3: She was only ever in the waiting room. Our youngest

1153
00:54:07,120 --> 00:54:09,759
Speaker 3: got into the queue, entered the qu at sixty nine

1154
00:54:09,840 --> 00:54:12,719
Speaker 3: thousand and something. So you're thinking to your so, h yeah,

1155
00:54:12,880 --> 00:54:16,400
Speaker 3: sixty nine thousand is something. Ticket Masters a scam, and

1156
00:54:16,480 --> 00:54:19,440
Speaker 3: so what happens is they sell tickets based on demand.

1157
00:54:20,120 --> 00:54:22,200
Speaker 3: So I'm convinced that what they do is they slow

1158
00:54:22,400 --> 00:54:25,880
Speaker 3: the queue up electronically, so the demand builds more and

1159
00:54:25,960 --> 00:54:28,480
Speaker 3: more people are in the queue, and then that of

1160
00:54:28,520 --> 00:54:30,480
Speaker 3: course pushes the price up. So she was after some

1161
00:54:30,600 --> 00:54:34,040
Speaker 3: general admission tickets one hundred and fifty quid. She ended

1162
00:54:34,160 --> 00:54:36,880
Speaker 3: up paying three hundred and fifty quid because yes, she

1163
00:54:37,000 --> 00:54:41,520
Speaker 3: got tickets, got four of them. Manchester Wednesday July or whatever,

1164
00:54:41,719 --> 00:54:46,759
Speaker 3: fifteenth or sixteenth, I think the sixteenth of July Hampton Park,

1165
00:54:46,800 --> 00:54:48,759
Speaker 3: which turns out to be a dump because Manchester is

1166
00:54:48,760 --> 00:54:51,880
Speaker 3: a dump. And what we were thinking is when do

1167
00:54:51,960 --> 00:54:54,439
Speaker 3: they come on stage? Because it's a weekday. The tram

1168
00:54:54,560 --> 00:54:57,080
Speaker 3: stop at about nine o'clock, so you can't you can't

1169
00:54:57,120 --> 00:54:59,840
Speaker 3: get there, you can't get back they're charging one thousand

1170
00:55:00,000 --> 00:55:04,200
Speaker 3: dollars for a camping ground ticket camping ground one thousand dollars.

1171
00:55:05,800 --> 00:55:07,759
Speaker 3: So the life lesson we've learned is when you buy

1172
00:55:07,840 --> 00:55:10,920
Speaker 3: tickets to overseas concerts, what then happens is you need

1173
00:55:11,040 --> 00:55:14,160
Speaker 3: to fund that. You need to fund the airfare, you

1174
00:55:14,239 --> 00:55:16,759
Speaker 3: need to fund the transport, you need to fund the accommodation,

1175
00:55:17,520 --> 00:55:19,480
Speaker 3: not to mention the concert tickets. So they've got between

1176
00:55:19,640 --> 00:55:23,120
Speaker 3: now and July next year to work out how they're

1177
00:55:23,120 --> 00:55:26,040
Speaker 3: going to do that. But I cannot put into words

1178
00:55:26,760 --> 00:55:31,319
Speaker 3: properly just how much excitement there was that they are

1179
00:55:31,400 --> 00:55:35,000
Speaker 3: heading to Manchester next year to see the reunification.

1180
00:55:35,640 --> 00:55:38,839
Speaker 4: Oh bo ways, it's assuming they haven't broken up again

1181
00:55:38,880 --> 00:55:39,279
Speaker 4: before then.

1182
00:55:39,400 --> 00:55:42,320
Speaker 3: Well it's early in the tour, so at this stage

1183
00:55:42,800 --> 00:55:46,120
Speaker 3: we're moderately confident. Ten away from eight the.

1184
00:55:46,280 --> 00:55:49,880
Speaker 1: Mike Hosking breakfast with the range rover of the line, news.

1185
00:55:49,760 --> 00:55:51,960
Speaker 3: Talks had been Mike four ticket six hours and the

1186
00:55:52,040 --> 00:55:54,839
Speaker 3: queue checked out. Accommodation hardly anything under five k New

1187
00:55:54,920 --> 00:55:57,200
Speaker 3: Zealand or non refundable for two adults and two nights.

1188
00:55:57,200 --> 00:55:59,439
Speaker 3: Well good luck with that. Seven away from a coffee debate.

1189
00:55:59,560 --> 00:56:02,040
Speaker 3: That's back what we pay what we should be paying,

1190
00:56:02,080 --> 00:56:04,480
Speaker 3: it has argued, is two different things. By the time

1191
00:56:04,520 --> 00:56:06,520
Speaker 3: you deal with your inflation, you're overheads. You decline, but

1192
00:56:06,760 --> 00:56:08,560
Speaker 3: that all that stuff, it should be eight dollars eight

1193
00:56:08,640 --> 00:56:11,600
Speaker 3: dollars for coffee flat coffee companies managing director Richard Corney

1194
00:56:11,680 --> 00:56:12,800
Speaker 3: is whether it's Richard morning to you.

1195
00:56:14,080 --> 00:56:15,239
Speaker 10: Michael's are going very well?

1196
00:56:15,280 --> 00:56:18,480
Speaker 3: Indeed, what sort of company you write? Your multi outlet company.

1197
00:56:19,320 --> 00:56:23,440
Speaker 10: One retail site in central Wellington, But we sell wholesale

1198
00:56:24,080 --> 00:56:26,759
Speaker 10: throughout one hundred year in dis cafes of this throughout the.

1199
00:56:26,760 --> 00:56:29,120
Speaker 3: Country, right, So as the wholesale part of the equation,

1200
00:56:29,200 --> 00:56:30,600
Speaker 3: that's what keeps you a float of you with just

1201
00:56:30,640 --> 00:56:32,400
Speaker 3: a bloke on a corner selling coffees, would you be

1202
00:56:32,440 --> 00:56:33,000
Speaker 3: gone by now?

1203
00:56:34,000 --> 00:56:34,200
Speaker 11: Yeah?

1204
00:56:34,280 --> 00:56:37,480
Speaker 10: Well, generally speaking, with less than please force us in

1205
00:56:37,760 --> 00:56:41,400
Speaker 10: architects profit margins, it's pretty hard out there. A lot

1206
00:56:41,440 --> 00:56:48,280
Speaker 10: of operators operate the cafes on a vocational base. Obviously

1207
00:56:48,360 --> 00:56:50,239
Speaker 10: there are there others that make try and make those

1208
00:56:50,280 --> 00:56:54,520
Speaker 10: business elders. But similarly, the last four years as a

1209
00:56:54,560 --> 00:56:57,719
Speaker 10: hospitality operator has been nothing like the previous team.

1210
00:56:57,800 --> 00:57:00,480
Speaker 3: Means be sure no and as yours are Wellington story

1211
00:57:00,680 --> 00:57:03,120
Speaker 3: for obvious reasons and therefore you might be hurting more

1212
00:57:03,160 --> 00:57:03,759
Speaker 3: than others or not.

1213
00:57:04,840 --> 00:57:07,080
Speaker 10: No, I think I think what we're experiencing is quite

1214
00:57:07,120 --> 00:57:12,279
Speaker 10: consistent across the country. Definitely, Central Auckland, the inner city

1215
00:57:12,400 --> 00:57:16,960
Speaker 10: has with the city rail link and the current organ

1216
00:57:17,000 --> 00:57:20,760
Speaker 10: transport works is hurting as much as part of Wellington

1217
00:57:21,600 --> 00:57:25,440
Speaker 10: and other major things we're government was based. So certainly

1218
00:57:25,520 --> 00:57:28,320
Speaker 10: not a Wellington unique situation.

1219
00:57:29,320 --> 00:57:32,000
Speaker 3: Right if you put it at eight bucks, what do

1220
00:57:32,080 --> 00:57:33,000
Speaker 3: you reckon would happen?

1221
00:57:33,840 --> 00:57:34,000
Speaker 17: Oh?

1222
00:57:34,160 --> 00:57:38,560
Speaker 10: Yeah, well the market would react, wouldn't it. No, it's

1223
00:57:39,720 --> 00:57:41,520
Speaker 10: I don't think eight dollars are sustainable. I think.

1224
00:57:41,640 --> 00:57:44,360
Speaker 12: I think what's important for people.

1225
00:57:44,160 --> 00:57:48,480
Speaker 10: To understand is that if if cup coffee cup pricing

1226
00:57:48,600 --> 00:57:52,960
Speaker 10: kept up with in our example of our rings increases

1227
00:57:53,160 --> 00:57:56,480
Speaker 10: and other overhead increases over the last felve years relative

1228
00:57:56,560 --> 00:57:58,600
Speaker 10: to what we were charging back in twenty twelve when

1229
00:57:58,600 --> 00:58:00,439
Speaker 10: we opened, it would be eight dollars nine cup.

1230
00:58:00,640 --> 00:58:00,880
Speaker 3: Wow.

1231
00:58:01,960 --> 00:58:04,280
Speaker 10: And you know, I'm not saying that people should be

1232
00:58:04,320 --> 00:58:07,240
Speaker 10: paying eight doors only a cup. I think what's important

1233
00:58:07,280 --> 00:58:11,120
Speaker 10: is people understand that, you know, a couple of coffee

1234
00:58:11,200 --> 00:58:14,440
Speaker 10: is greater than the sum of its part, and you know,

1235
00:58:14,960 --> 00:58:18,200
Speaker 10: like we've had one hundred and thirty four percent increase

1236
00:58:18,240 --> 00:58:21,040
Speaker 10: in our rent since twenty twelve, paying one hundred and

1237
00:58:21,080 --> 00:58:24,880
Speaker 10: six percent more in wages since twenty twelve, relatively speaking.

1238
00:58:25,040 --> 00:58:30,120
Speaker 10: So yeah, it's really the value has got to come

1239
00:58:30,160 --> 00:58:35,120
Speaker 10: from somewhere, and cafe operators, hospitality operators are certainly needing

1240
00:58:35,200 --> 00:58:38,680
Speaker 10: to pass on those costs to you know, to have

1241
00:58:38,840 --> 00:58:39,560
Speaker 10: a business.

1242
00:58:39,320 --> 00:58:42,360
Speaker 3: And at all, Yeah, you're trapped. It's the problem, aren't you, Richard.

1243
00:58:42,360 --> 00:58:43,960
Speaker 3: At the end of the day, you cannot pass on

1244
00:58:44,040 --> 00:58:47,040
Speaker 3: the costs that have been thrust upon. You appreciate your insight,

1245
00:58:47,200 --> 00:58:49,960
Speaker 3: Richard Corney, who's flight coffee company? And I think he

1246
00:58:50,120 --> 00:58:53,080
Speaker 3: was Was that a trainer a plane? Difficult to tell

1247
00:58:53,160 --> 00:58:56,400
Speaker 3: on the background, but nevertheless he's on the move. If

1248
00:58:56,480 --> 00:59:03,560
Speaker 3: one unbelievably exciting in Monza, what else can I tell you? Warriors,

1249
00:59:03,880 --> 00:59:07,000
Speaker 3: good way for Sean to go out on sort of

1250
00:59:07,040 --> 00:59:09,120
Speaker 3: be high, but the season's still a bust. You can't

1251
00:59:09,200 --> 00:59:11,880
Speaker 3: argue with that. And the big question, of course, what's

1252
00:59:11,920 --> 00:59:14,800
Speaker 3: the point at the highest level of sport if the

1253
00:59:14,920 --> 00:59:17,840
Speaker 3: officialdom isn't up to it? And that surely is the

1254
00:59:17,920 --> 00:59:20,200
Speaker 3: all black story. So the commentary box next.

1255
00:59:21,120 --> 00:59:26,120
Speaker 1: Big news fold. Opinions the Mic Hosking Breakfast with a

1256
00:59:26,320 --> 00:59:30,080
Speaker 1: Vita Retirement, Communities, Life your Way, News, togs Head, be.

1257
00:59:31,600 --> 00:59:39,120
Speaker 22: Sp rooms, no rum, no run comes, bring box crumpteen

1258
00:59:39,320 --> 00:59:41,800
Speaker 22: right down, climb back and beat the.

1259
00:59:41,840 --> 00:59:47,200
Speaker 10: Od Lakes teny one twenty seven at Alan Park and

1260
00:59:47,320 --> 00:59:47,760
Speaker 10: you had a.

1261
00:59:47,840 --> 00:59:51,200
Speaker 8: Birding whiting waiting.

1262
00:59:54,080 --> 00:59:57,840
Speaker 22: After full time down by six said that's bright and

1263
00:59:58,000 --> 01:00:09,120
Speaker 22: they get home under climb when five one can see

1264
01:00:10,440 --> 01:00:15,720
Speaker 22: rights out script written, produced, directed.

1265
01:00:15,280 --> 01:00:16,520
Speaker 1: By Short Johnson.

1266
01:00:17,000 --> 01:00:18,920
Speaker 4: The movie He's Last.

1267
01:00:18,840 --> 01:00:26,960
Speaker 1: Jame Winsard for the Warriors. The Monday Morning commentary barks

1268
01:00:27,280 --> 01:00:28,760
Speaker 1: on the Mike Husking breakfast.

1269
01:00:28,840 --> 01:00:30,760
Speaker 3: We're at a seven past day, Andrew Sevill whether it's

1270
01:00:30,760 --> 01:00:32,600
Speaker 3: along with guy he helped fellows. Good morning to you

1271
01:00:33,520 --> 01:00:36,240
Speaker 3: morning Mike, So Andrew, question for you, what's the point

1272
01:00:36,280 --> 01:00:38,160
Speaker 3: at the highest level? And there is no excuse we

1273
01:00:38,160 --> 01:00:40,000
Speaker 3: should have won, But what's the point at the highest

1274
01:00:40,080 --> 01:00:43,200
Speaker 3: level of sport if the official then aren't up to

1275
01:00:43,280 --> 01:00:46,520
Speaker 3: it when they've got the technology available to them, Why

1276
01:00:46,640 --> 01:00:48,280
Speaker 3: do these sort of mistakes happen?

1277
01:00:48,840 --> 01:00:51,680
Speaker 10: We seem to have this conversation every Monday morning, whether

1278
01:00:51,760 --> 01:00:55,200
Speaker 10: it's the var and Football, whether it's the Bunker and League,

1279
01:00:56,000 --> 01:00:58,680
Speaker 10: now the TMO in rugby union once again. And the

1280
01:00:58,760 --> 01:01:02,200
Speaker 10: irony is that, of course, the TMO pretty much ruined

1281
01:01:02,240 --> 01:01:04,080
Speaker 10: that World Cup final between the All Blacks and South

1282
01:01:04,080 --> 01:01:06,720
Speaker 10: Africa last year. Look, it clearly wasn't a try. I

1283
01:01:06,760 --> 01:01:08,920
Speaker 10: don't know why on Earth it was replayed on the

1284
01:01:08,960 --> 01:01:11,920
Speaker 10: big screen, I'm sure and the ground wine Earth. The

1285
01:01:12,040 --> 01:01:17,560
Speaker 10: TMO didn't interject he did earlier for a confusing call

1286
01:01:17,800 --> 01:01:21,040
Speaker 10: or a miscall over a player stepping with his foot

1287
01:01:21,240 --> 01:01:24,120
Speaker 10: on the outline for a line kick. So whine Earth,

1288
01:01:24,160 --> 01:01:26,680
Speaker 10: wouldn't you call into the referees air? Look at this

1289
01:01:26,840 --> 01:01:30,920
Speaker 10: doubt about this try. Let's go upstairs or let's review it. Unbelievable.

1290
01:01:31,040 --> 01:01:34,360
Speaker 10: There can be nobody if they hadn't, if they hadn't

1291
01:01:34,360 --> 01:01:37,240
Speaker 10: have given the try with the spring box, still have won. Probably.

1292
01:01:37,560 --> 01:01:41,160
Speaker 3: Yeah, but what there's no one arguing Andrew is there?

1293
01:01:41,200 --> 01:01:43,960
Speaker 3: But when you look at that video that it's debatable.

1294
01:01:43,960 --> 01:01:45,360
Speaker 3: It's not even debatable, is it.

1295
01:01:46,240 --> 01:01:48,400
Speaker 10: No, it's not debatable. He lost contact between himself and

1296
01:01:48,480 --> 01:01:48,720
Speaker 10: the ball.

1297
01:01:48,840 --> 01:01:50,600
Speaker 3: Yeah, do you see it that way?

1298
01:01:50,640 --> 01:01:50,800
Speaker 12: Guy?

1299
01:01:51,680 --> 01:01:56,360
Speaker 17: Oh? Of course, I mean I've got eyes. Yeah. I

1300
01:01:56,800 --> 01:01:58,360
Speaker 17: think I said it last week or maybe the week

1301
01:01:58,400 --> 01:01:59,880
Speaker 17: before that. If you if you're going to have all

1302
01:01:59,880 --> 01:02:02,440
Speaker 17: the technology, You've either got to get people to be

1303
01:02:02,560 --> 01:02:05,360
Speaker 17: able who are able to use it properly, or just

1304
01:02:05,440 --> 01:02:08,560
Speaker 17: get rid of it. It seems that we are so

1305
01:02:08,800 --> 01:02:13,680
Speaker 17: often debasing incorrect calls of the use of from the

1306
01:02:13,800 --> 01:02:16,360
Speaker 17: use of technology, and it's just frankly not good enough.

1307
01:02:16,400 --> 01:02:18,400
Speaker 17: I mean, that was so obvious. I was under the

1308
01:02:18,400 --> 01:02:20,680
Speaker 17: impression that it was the TMO who actually made the call.

1309
01:02:20,760 --> 01:02:21,520
Speaker 12: But maybe I'm wrong.

1310
01:02:21,840 --> 01:02:25,080
Speaker 17: But if it wasn't the TMO who made the call,

1311
01:02:25,120 --> 01:02:27,600
Speaker 17: who's been jumping in? As Stev says, they jump in

1312
01:02:27,760 --> 01:02:32,120
Speaker 17: on the most minor of high tackles or something like that.

1313
01:02:32,320 --> 01:02:35,160
Speaker 17: They jump in and the most minor of knock ons.

1314
01:02:35,200 --> 01:02:40,160
Speaker 17: They jump in about eight phases before a tries awarded. Sorry,

1315
01:02:40,200 --> 01:02:42,560
Speaker 17: they go back about eight phases. So why can't they

1316
01:02:42,600 --> 01:02:43,280
Speaker 17: get calls like that?

1317
01:02:43,440 --> 01:02:43,560
Speaker 2: Right?

1318
01:02:43,640 --> 01:02:46,440
Speaker 10: It's just unfathom We were told recently by World Rugby

1319
01:02:46,480 --> 01:02:48,400
Speaker 10: you make up for that World Cup debarkle that the

1320
01:02:48,520 --> 01:02:51,800
Speaker 10: tmo's powers are being peered back with the amount of

1321
01:02:51,920 --> 01:02:53,920
Speaker 10: times that the TMO is going to be using the

1322
01:02:53,960 --> 01:02:56,760
Speaker 10: game would be peered back. Okay, well and good, but

1323
01:02:57,240 --> 01:02:59,720
Speaker 10: just leave it for trice scoring decisions in and obvious

1324
01:02:59,760 --> 01:03:03,360
Speaker 10: fat play hope. When you're not going to review a

1325
01:03:03,480 --> 01:03:06,600
Speaker 10: try like that, but you're reviewing players stepping on the

1326
01:03:06,680 --> 01:03:09,680
Speaker 10: outline or the tan, it's ridiculous.

1327
01:03:09,680 --> 01:03:10,880
Speaker 3: It's part of the why.

1328
01:03:11,000 --> 01:03:13,680
Speaker 17: But during the week we watched the replay of the

1329
01:03:13,760 --> 01:03:16,880
Speaker 17: All Blacks against the Wallabies from Sydney two thousand, the

1330
01:03:16,920 --> 01:03:19,200
Speaker 17: full match, because Georgie and my wife had never seen it,

1331
01:03:19,440 --> 01:03:21,000
Speaker 17: and I said, this is the greatest game in rugby

1332
01:03:21,040 --> 01:03:22,720
Speaker 17: you'll ever watch. And the reason why I bring this

1333
01:03:22,880 --> 01:03:26,080
Speaker 17: up is because it was so fast. Line outs took

1334
01:03:26,160 --> 01:03:28,400
Speaker 17: twenty seconds for them to throw the ball and scrums

1335
01:03:28,440 --> 01:03:31,640
Speaker 17: took the same There was no dilly deallying around TMO decisions.

1336
01:03:31,680 --> 01:03:33,720
Speaker 17: The referee made the call. Sometimes you got it wrong,

1337
01:03:33,960 --> 01:03:35,960
Speaker 17: but you just got on with it and it was

1338
01:03:36,160 --> 01:03:38,400
Speaker 17: such a much better product to watch. Yes, it was

1339
01:03:38,400 --> 01:03:40,520
Speaker 17: a great game, but it was still just a better

1340
01:03:40,600 --> 01:03:43,280
Speaker 17: product because the game was the ball was in play

1341
01:03:43,480 --> 01:03:44,800
Speaker 17: so much more than what we see now.

1342
01:03:44,960 --> 01:03:46,920
Speaker 3: Did Georgie agree with you at the end of the bed.

1343
01:03:47,840 --> 01:03:49,440
Speaker 17: I think she thoroughly enjoyed it.

1344
01:03:49,560 --> 01:03:49,720
Speaker 2: Yeah.

1345
01:03:49,760 --> 01:03:51,840
Speaker 17: I think it was a big That was a big note.

1346
01:03:51,920 --> 01:03:55,439
Speaker 17: It wasn't a household well, there wasn't really much else

1347
01:03:55,560 --> 01:03:57,480
Speaker 17: to watch until I think we were waiting for the

1348
01:03:57,560 --> 01:03:58,640
Speaker 17: Paralympics to start.

1349
01:03:58,760 --> 01:04:00,520
Speaker 3: Did you did you want to talk to each other?

1350
01:04:00,640 --> 01:04:00,760
Speaker 12: Much?

1351
01:04:00,840 --> 01:04:03,640
Speaker 3: Georgeous? Just put something old on the tele.

1352
01:04:04,320 --> 01:04:07,640
Speaker 17: We were flicking through YouTube, I think it was, and

1353
01:04:07,800 --> 01:04:09,560
Speaker 17: it just happened to be there and asked.

1354
01:04:10,880 --> 01:04:11,160
Speaker 21: Rugby.

1355
01:04:12,440 --> 01:04:15,400
Speaker 3: Hey, she's a long even married six months.

1356
01:04:15,960 --> 01:04:19,520
Speaker 17: I think she loved me even more Mike, Okay, if.

1357
01:04:19,440 --> 01:04:23,120
Speaker 3: You say so, so say at four to two for

1358
01:04:23,320 --> 01:04:26,120
Speaker 3: the Razor Era, which is what by my account, we're at.

1359
01:04:26,520 --> 01:04:27,120
Speaker 3: Are we worried?

1360
01:04:31,200 --> 01:04:34,800
Speaker 10: I think there's still look. For the majority of that game,

1361
01:04:34,880 --> 01:04:37,040
Speaker 10: the All Blacks played some of the best rugby of

1362
01:04:37,080 --> 01:04:42,120
Speaker 10: the season, so that's encouraging. Leo McDonald going the odd

1363
01:04:42,840 --> 01:04:44,960
Speaker 10: move or the odd period of play, being at a

1364
01:04:45,000 --> 01:04:47,919
Speaker 10: sync on the field still a little bit concerning. I'm

1365
01:04:47,960 --> 01:04:50,600
Speaker 10: sure the coaches and management are still settling into that

1366
01:04:50,800 --> 01:04:53,919
Speaker 10: team into the brave, brave, big old world of Test

1367
01:04:54,000 --> 01:04:57,840
Speaker 10: match football. But the signs are encouraging. I look like

1368
01:04:58,000 --> 01:04:59,840
Speaker 10: I think most of us would have picked Your Black

1369
01:05:00,080 --> 01:05:02,440
Speaker 10: to win one, lose one in South Africa. They've now

1370
01:05:02,520 --> 01:05:05,000
Speaker 10: lost one. Now they've got to turn around Ztown. If

1371
01:05:05,040 --> 01:05:07,600
Speaker 10: they're going winning Cape Town, then I think that pressure

1372
01:05:07,720 --> 01:05:11,240
Speaker 10: does ease. Look, I still cannot believe why at twenty

1373
01:05:11,320 --> 01:05:13,400
Speaker 10: seven seventeen up they didn't kick for gold to make

1374
01:05:13,440 --> 01:05:16,520
Speaker 10: it thirty seventeen and apply more scoreboard pressure. I don't

1375
01:05:16,560 --> 01:05:17,640
Speaker 10: understand that in that game.

1376
01:05:17,720 --> 01:05:19,560
Speaker 3: All right, brief break more in a moment, Andrew Sevil guy,

1377
01:05:19,600 --> 01:05:20,520
Speaker 3: he helped the team past.

1378
01:05:21,520 --> 01:05:25,120
Speaker 1: The Mic Hosking Breakfast Full Show podcast on I heard

1379
01:05:25,200 --> 01:05:26,720
Speaker 1: Radio car it by News.

1380
01:05:26,600 --> 01:05:29,560
Speaker 3: Talk Zippy s Talk Zibit quarter past eight, the.

1381
01:05:29,680 --> 01:05:33,560
Speaker 1: Monday morning commentary barks on the Mic Husking Breakfast Guy.

1382
01:05:34,080 --> 01:05:37,600
Speaker 3: The Warrior is so sean passed. As Leslie scores, we

1383
01:05:37,720 --> 01:05:40,600
Speaker 3: win the game, he's happy and God bless him because

1384
01:05:40,600 --> 01:05:42,080
Speaker 3: he's a good bloke and all of that, but it

1385
01:05:42,200 --> 01:05:43,480
Speaker 3: sort of doesn't save anything else.

1386
01:05:43,560 --> 01:05:46,000
Speaker 10: Weren't The Warrior is always going to win that game.

1387
01:05:45,840 --> 01:05:48,560
Speaker 3: Though, always seas that right, Yeah, and I reckon they'll

1388
01:05:48,560 --> 01:05:50,360
Speaker 3: get a couple of points this coming weekend as well,

1389
01:05:50,440 --> 01:05:53,240
Speaker 3: so that'll end up well, well, they won't lose, no, exactly.

1390
01:05:53,400 --> 01:05:57,160
Speaker 17: Your Your pointer is dang on though. I mean, yes,

1391
01:05:57,240 --> 01:05:59,280
Speaker 17: it was great to see him go out, and yes

1392
01:05:59,320 --> 01:06:00,840
Speaker 17: it kind of felt like he was always going to

1393
01:06:00,880 --> 01:06:03,480
Speaker 17: be there in the last play, but the overriding emotion

1394
01:06:03,680 --> 01:06:06,280
Speaker 17: is that they finished thirteenth and well outside of the

1395
01:06:06,320 --> 01:06:08,400
Speaker 17: top eight and a team that should know where near

1396
01:06:08,520 --> 01:06:10,080
Speaker 17: be where they are at the moment, there should be

1397
01:06:10,120 --> 01:06:13,120
Speaker 17: a top six, top four maybe team and they're nowhere

1398
01:06:13,120 --> 01:06:15,680
Speaker 17: near it. And I think if you're a hardcore Warriors fan,

1399
01:06:15,800 --> 01:06:18,000
Speaker 17: that's probably the overriding emotion that you have right now.

1400
01:06:18,080 --> 01:06:20,280
Speaker 17: They're not going to be in finals football again, and

1401
01:06:20,400 --> 01:06:21,400
Speaker 17: that's pretty weak.

1402
01:06:21,680 --> 01:06:24,840
Speaker 3: Are you following it all Andrew the America's Cup yet

1403
01:06:24,920 --> 01:06:25,040
Speaker 3: or not?

1404
01:06:27,000 --> 01:06:31,320
Speaker 10: Well a little bit?

1405
01:06:31,680 --> 01:06:35,680
Speaker 3: Are you great? There seems to me at this just

1406
01:06:35,720 --> 01:06:40,320
Speaker 3: a cursory glance, a tremendous number of technical failures and

1407
01:06:40,560 --> 01:06:42,960
Speaker 3: a lack of wind. And having been involved with it

1408
01:06:43,000 --> 01:06:44,520
Speaker 3: a couple of times over the years and sort of

1409
01:06:44,560 --> 01:06:47,360
Speaker 3: been there following it, you think, you know, it's always

1410
01:06:47,400 --> 01:06:50,080
Speaker 3: been difficult gotting. But there seem to be a lot

1411
01:06:50,120 --> 01:06:51,960
Speaker 3: of stuff here that there's not a lot going on,

1412
01:06:52,080 --> 01:06:53,880
Speaker 3: a lot of people turning up and not turning up,

1413
01:06:53,920 --> 01:06:55,560
Speaker 3: and races that are held, you know what I mean.

1414
01:06:55,640 --> 01:06:57,680
Speaker 3: It's just got a kind of interest.

1415
01:06:57,920 --> 01:07:00,640
Speaker 10: Once we get to the America's Company of the match

1416
01:07:00,800 --> 01:07:03,360
Speaker 10: at the interest will increase. But yeah, some of the

1417
01:07:03,680 --> 01:07:06,760
Speaker 10: looking at some of this, the c States look a

1418
01:07:06,800 --> 01:07:08,720
Speaker 10: bit rough, and then you have no wind, and then

1419
01:07:08,760 --> 01:07:11,680
Speaker 10: there's the technical issues. I think maybe the technology has

1420
01:07:11,680 --> 01:07:14,280
Speaker 10: gone too far. So watching a couple of remote control

1421
01:07:14,360 --> 01:07:15,920
Speaker 10: boats within the round, I.

1422
01:07:15,920 --> 01:07:19,280
Speaker 3: Mean it's spectacular when it works. I mean, they're all theilble,

1423
01:07:20,160 --> 01:07:21,160
Speaker 3: it's absolutely brilliant.

1424
01:07:21,240 --> 01:07:25,880
Speaker 17: But the big thing that's missing largely is competition. I mean,

1425
01:07:26,000 --> 01:07:27,960
Speaker 17: yesterday it sounded like there was I haven't seen it,

1426
01:07:28,000 --> 01:07:29,520
Speaker 17: but it sounded like there was a close race between

1427
01:07:29,520 --> 01:07:32,080
Speaker 17: teen He's in and American Magic. Outside of that, though

1428
01:07:32,120 --> 01:07:34,120
Speaker 17: teen is Eland has not been challenged. They're going to

1429
01:07:34,160 --> 01:07:36,360
Speaker 17: get to the America's Cup and probably win, by the

1430
01:07:36,400 --> 01:07:41,560
Speaker 17: looks of things, pretty easily exactly. And and I just

1431
01:07:41,680 --> 01:07:44,640
Speaker 17: feel like, I mean, I watch a little bit of

1432
01:07:44,680 --> 01:07:47,000
Speaker 17: sale GP. I'm not an Ardent fan, but what I

1433
01:07:47,160 --> 01:07:49,520
Speaker 17: like about that is you've got ten boats on the

1434
01:07:49,600 --> 01:07:53,880
Speaker 17: course most of the time and carnage half the time,

1435
01:07:54,360 --> 01:07:56,760
Speaker 17: and you don't want it to be tarnage, like full

1436
01:07:56,840 --> 01:08:00,360
Speaker 17: on carnage, but you want some sort of what's the

1437
01:08:00,400 --> 01:08:03,680
Speaker 17: word you want exactly, and there's just none of that

1438
01:08:03,880 --> 01:08:04,120
Speaker 17: right now.

1439
01:08:04,880 --> 01:08:07,600
Speaker 10: And the first day or two of the of the

1440
01:08:07,680 --> 01:08:11,040
Speaker 10: regatta itself, or the prelim. Maybe I was driving past

1441
01:08:11,080 --> 01:08:13,000
Speaker 10: west Haven then onto the Harbor Bridge, thinking if that

1442
01:08:13,200 --> 01:08:16,120
Speaker 10: was here, would be going on, the country would be

1443
01:08:16,200 --> 01:08:19,400
Speaker 10: going after be millions being poured into the country by

1444
01:08:19,439 --> 01:08:21,759
Speaker 10: the other teams and by visitors because of what happened

1445
01:08:21,880 --> 01:08:25,160
Speaker 10: last time. And it ain't here. That's true, And I

1446
01:08:25,280 --> 01:08:28,200
Speaker 10: can understand why, blah blah, money and we can't beat

1447
01:08:28,240 --> 01:08:30,760
Speaker 10: the F one teams, the big ogres, and we need

1448
01:08:31,000 --> 01:08:32,840
Speaker 10: hundreds of millions of dollars in on have you, But

1449
01:08:32,960 --> 01:08:36,320
Speaker 10: the fact that's not here is so disappointing.

1450
01:08:36,400 --> 01:08:39,280
Speaker 3: Still, it's true. Did you watch the F one guy?

1451
01:08:40,360 --> 01:08:43,120
Speaker 17: I've seen highlights and it looked like probably the best

1452
01:08:43,200 --> 01:08:43,880
Speaker 17: race of the season.

1453
01:08:44,000 --> 01:08:47,439
Speaker 3: Maybe probably. But what we know is there were then

1454
01:08:47,439 --> 01:08:50,200
Speaker 3: eight points. Now McLaren were the night points of Red

1455
01:08:50,280 --> 01:08:52,320
Speaker 3: Bull and Red Bull. I don't know how to ask,

1456
01:08:52,439 --> 01:08:54,400
Speaker 3: but they are shitting themselves.

1457
01:08:55,600 --> 01:08:57,840
Speaker 17: As they should be. Exactly if Norris had of one

1458
01:08:58,200 --> 01:08:59,559
Speaker 17: from Pole, would they have.

1459
01:08:59,680 --> 01:09:02,840
Speaker 3: Now been quite pol Well? Yeah, quite possibly, because Norris

1460
01:09:02,880 --> 01:09:05,959
Speaker 3: came third, so it was a material change for Piastre

1461
01:09:06,080 --> 01:09:06,960
Speaker 3: to beat him off the line.

1462
01:09:07,000 --> 01:09:09,200
Speaker 10: The way, here's the question of for you, Mike, if

1463
01:09:09,320 --> 01:09:12,639
Speaker 10: Red Bull is panicking, are they going to Chuck Liam Lawson,

1464
01:09:12,760 --> 01:09:14,920
Speaker 10: here's the sty of their four cars next year.

1465
01:09:15,120 --> 01:09:19,120
Speaker 3: Ask yourself, why is Lawson not at Williams.

1466
01:09:20,479 --> 01:09:21,800
Speaker 17: Because he's going to be in a Red Bull?

1467
01:09:22,000 --> 01:09:24,479
Speaker 3: Correct? And when will he be at When's he going

1468
01:09:24,560 --> 01:09:25,720
Speaker 3: to be in a Red Bull? Guy?

1469
01:09:27,400 --> 01:09:29,760
Speaker 17: Well, I would say next year, but possibly before the

1470
01:09:29,840 --> 01:09:33,600
Speaker 17: end of the year, after Mexico, because yeah, that's a

1471
01:09:33,640 --> 01:09:35,400
Speaker 17: good point. I was about to say, pires has got

1472
01:09:35,479 --> 01:09:37,840
Speaker 17: to go, like the fact he's not even finishing anywhere

1473
01:09:37,840 --> 01:09:41,200
Speaker 17: near the podium at the moment in a full Red

1474
01:09:41,240 --> 01:09:44,160
Speaker 17: Bull car, proper Red Bull car. That's all you really

1475
01:09:44,240 --> 01:09:44,600
Speaker 17: need to know.

1476
01:09:44,880 --> 01:09:47,000
Speaker 3: The experts all seemed to think that Lawson's going to

1477
01:09:47,120 --> 01:09:49,040
Speaker 3: end up in the RB, not the Red Bull Red Bull,

1478
01:09:49,400 --> 01:09:51,720
Speaker 3: which means that Ricardo's in the Red Bull, which is

1479
01:09:52,960 --> 01:09:54,599
Speaker 3: a mistake beyond mistakes.

1480
01:09:54,840 --> 01:09:57,280
Speaker 17: Yeah, that's a that's a risk and a half.

1481
01:09:57,400 --> 01:09:59,840
Speaker 3: Yeah, but they are in deep, deep trouble. But what

1482
01:10:00,040 --> 01:10:00,680
Speaker 3: that all means to.

1483
01:10:00,960 --> 01:10:03,519
Speaker 17: Last week, Horner is the one who's on the line.

1484
01:10:03,720 --> 01:10:05,760
Speaker 17: I would have thought, so, yeah, he's got to be

1485
01:10:05,840 --> 01:10:08,559
Speaker 17: if they don't win the Constructors Championshipship from where they were,

1486
01:10:08,640 --> 01:10:09,240
Speaker 17: he's got to go.

1487
01:10:09,439 --> 01:10:11,800
Speaker 3: I would have thought so. So that the upshot of

1488
01:10:11,840 --> 01:10:14,000
Speaker 3: all of that is it makes it fantastically interesting. Now

1489
01:10:14,080 --> 01:10:16,080
Speaker 3: to end this, I think I also said last week,

1490
01:10:16,160 --> 01:10:18,560
Speaker 3: and I hope you too followed instructions. Have both of

1491
01:10:18,600 --> 01:10:24,320
Speaker 3: you watched Hard Knocks? No, not even another episode with

1492
01:10:24,439 --> 01:10:25,519
Speaker 3: Georgie over a pizza.

1493
01:10:25,720 --> 01:10:30,639
Speaker 10: Guy, guys, guys obviously busy watching all black reruns. Mike,

1494
01:10:30,720 --> 01:10:33,600
Speaker 10: I've actually been busy most evenings watching the Paralympics.

1495
01:10:33,680 --> 01:10:36,400
Speaker 17: Great, we've watched as well.

1496
01:10:37,040 --> 01:10:39,880
Speaker 3: On you well, watch as always what happens is in

1497
01:10:39,920 --> 01:10:42,479
Speaker 3: the episode for the final episode, because the season starts

1498
01:10:42,520 --> 01:10:46,439
Speaker 3: this week. Watch the guy Ian Wheeler, who he is,

1499
01:10:46,520 --> 01:10:48,320
Speaker 3: what he gave up to be there, and the story

1500
01:10:48,400 --> 01:10:51,679
Speaker 3: and how it's unfolds it is. It is spellbinding television.

1501
01:10:53,080 --> 01:10:55,599
Speaker 17: We'll do hey, just just very quickly back to the rugby.

1502
01:10:55,640 --> 01:10:57,919
Speaker 17: The two the two problems for me, the two concerns.

1503
01:10:58,200 --> 01:11:01,040
Speaker 17: One is discipline. They can't their discipline out in the

1504
01:11:01,120 --> 01:11:02,840
Speaker 17: second is that I think the bench is quite up

1505
01:11:02,880 --> 01:11:06,080
Speaker 17: to it. I've got good depth in the starting fifteen,

1506
01:11:06,120 --> 01:11:08,120
Speaker 17: but the bench just is a bit far behind Sedley.

1507
01:11:08,200 --> 01:11:09,040
Speaker 3: You'd agree with that, Zep.

1508
01:11:09,840 --> 01:11:10,040
Speaker 12: Yeah.

1509
01:11:10,080 --> 01:11:12,280
Speaker 10: And how you get yourself in a winning position like

1510
01:11:12,400 --> 01:11:14,840
Speaker 10: that and score four? Trice to serve against the spring

1511
01:11:14,920 --> 01:11:18,400
Speaker 10: Box add Hours park and lose the game. That's yeah,

1512
01:11:18,520 --> 01:11:20,000
Speaker 10: that's that is a concern.

1513
01:11:20,000 --> 01:11:21,800
Speaker 3: It's quite the atmosphere. Isn't it Good to see you guys?

1514
01:11:22,040 --> 01:11:24,400
Speaker 3: Catch up next week? Andrew Selpill go have LDA twenty two.

1515
01:11:26,040 --> 01:11:30,000
Speaker 1: Call the my Costume Breakfast with Bailey Real Estate News Dogs.

1516
01:11:30,000 --> 01:11:34,240
Speaker 3: They be small business owners roller coaster last couple of years. Right,

1517
01:11:34,320 --> 01:11:36,400
Speaker 3: So I've got some good news for your Kiwubanks got

1518
01:11:36,439 --> 01:11:39,280
Speaker 3: the small business owners back game changing lending solution. It's

1519
01:11:39,360 --> 01:11:42,760
Speaker 3: called fast Capital. It's exactly what it sounds like. A quick,

1520
01:11:43,120 --> 01:11:45,639
Speaker 3: easy to apply for business loan from five thousand dollars

1521
01:11:45,680 --> 01:11:47,760
Speaker 3: to a million, whether you need a safety net or

1522
01:11:47,760 --> 01:11:50,120
Speaker 3: a boost for expansion. Queubanks got options to fit every

1523
01:11:50,160 --> 01:11:51,760
Speaker 3: business like a glove. Now the best part is the

1524
01:11:51,800 --> 01:11:54,240
Speaker 3: nor more drowning and paperwork or getting old on hold.

1525
01:11:54,800 --> 01:11:57,320
Speaker 3: So fast Capital's digital application that plays nice with your

1526
01:11:57,320 --> 01:11:59,760
Speaker 3: accounting software makes the whole process smoother than a flat

1527
01:11:59,800 --> 01:12:02,080
Speaker 3: white and in less time than it takes to brew

1528
01:12:02,160 --> 01:12:05,240
Speaker 3: the coffee, like under ten minutes. You can apply as

1529
01:12:05,280 --> 01:12:07,559
Speaker 3: a business owner and get real time decisions day, all night,

1530
01:12:07,920 --> 01:12:10,240
Speaker 3: whenever the inspiration strucks. So if you're ready to give

1531
01:12:10,280 --> 01:12:13,880
Speaker 3: your business the fuel that needs search Kiwi Bank Fast Capital.

1532
01:12:13,920 --> 01:12:17,599
Speaker 3: That's what you're looking for. Kiwi Bank Fast Capital. Apply

1533
01:12:17,760 --> 01:12:21,519
Speaker 3: online today. It's super simple. Eligibility criteria, lending criteria, t's

1534
01:12:21,520 --> 01:12:23,160
Speaker 3: and sees of course apply. But it's good news from

1535
01:12:23,240 --> 01:12:26,439
Speaker 3: key We Bank pasking. Michael was in the industry for

1536
01:12:26,520 --> 01:12:28,800
Speaker 3: twenty five years. Bailed after COVID. This is coffee. Have

1537
01:12:28,920 --> 01:12:33,320
Speaker 3: a beautiful Ranchilio machine at home with new grinder. Haven't

1538
01:12:33,360 --> 01:12:37,960
Speaker 3: bought a coffee since. Thank you Andrew Health Insurance. We've

1539
01:12:38,000 --> 01:12:41,040
Speaker 3: taken to depositing our eight thousand dollars a year into

1540
01:12:41,080 --> 01:12:42,840
Speaker 3: a personal account. We've got fifty grand. I know a

1541
01:12:42,920 --> 01:12:45,840
Speaker 3: number of people have done that, and once you get

1542
01:12:45,840 --> 01:12:48,040
Speaker 3: into the tens of thousands of dollars, you're thinking, you know,

1543
01:12:48,240 --> 01:12:50,479
Speaker 3: a lot needs to go wrong before you're sort of

1544
01:12:50,560 --> 01:12:53,800
Speaker 3: going backwards. Mike had Z petrol station coffee seven dollars

1545
01:12:53,840 --> 01:12:54,240
Speaker 3: these days?

1546
01:12:54,400 --> 01:12:54,519
Speaker 2: Is it?

1547
01:12:54,720 --> 01:12:57,519
Speaker 3: Jees? Problem is if you stuck a sign up Mike

1548
01:12:57,960 --> 01:13:00,800
Speaker 3: flat White eight ninety, you may as will close up shop.

1549
01:13:00,920 --> 01:13:01,760
Speaker 3: Is no one's going to pay that?

1550
01:13:01,840 --> 01:13:02,280
Speaker 17: Do you know what?

1551
01:13:02,680 --> 01:13:04,559
Speaker 3: I didn't have time to talk to the bloke about

1552
01:13:04,600 --> 01:13:08,639
Speaker 3: it because I wanted to Richard, But I just wonder

1553
01:13:08,880 --> 01:13:12,200
Speaker 3: if coffee is not like flying. I mean, the prices

1554
01:13:12,240 --> 01:13:16,040
Speaker 3: they've been charging for flying post COVID have been extortionate,

1555
01:13:16,680 --> 01:13:19,240
Speaker 3: and they will argue blue in the face capacity and

1556
01:13:19,280 --> 01:13:21,520
Speaker 3: fuel prices and all that sort of stuff, but nevertheless

1557
01:13:22,000 --> 01:13:25,800
Speaker 3: they have been through the roof and yet people have

1558
01:13:25,920 --> 01:13:28,680
Speaker 3: paid them. And I reckon coffee might fall might be

1559
01:13:28,760 --> 01:13:31,200
Speaker 3: one of those things that it might fall into one

1560
01:13:31,200 --> 01:13:32,960
Speaker 3: of these Ah, you paid eight ninety for a coffee.

1561
01:13:33,000 --> 01:13:34,800
Speaker 3: I know, what a scandal. But you know you're going

1562
01:13:34,840 --> 01:13:35,720
Speaker 3: to have your coffee, That's what.

1563
01:13:36,560 --> 01:13:36,760
Speaker 21: Yeah.

1564
01:13:37,080 --> 01:13:38,640
Speaker 4: Is it not just like going to the pub for

1565
01:13:38,720 --> 01:13:41,240
Speaker 4: a beer and you're not going to not get a bit?

1566
01:13:41,840 --> 01:13:43,960
Speaker 4: Get Are you paying too much?

1567
01:13:44,720 --> 01:13:46,600
Speaker 3: You'll go, yes, I am, and I'll go. But you

1568
01:13:46,720 --> 01:13:48,559
Speaker 3: still are, aren't you? And you'll go, yes, I am.

1569
01:13:48,640 --> 01:13:48,840
Speaker 12: Yeah.

1570
01:13:48,840 --> 01:13:50,040
Speaker 4: Are you going to go to the cafe and not

1571
01:13:50,160 --> 01:13:50,639
Speaker 4: have a coffee?

1572
01:13:50,920 --> 01:13:54,400
Speaker 3: Precisely, Mike, I've had medical insurance in seventy four, hardly

1573
01:13:54,520 --> 01:13:56,599
Speaker 3: used it. I'm seventy seven counter Ford. It now canceled.

1574
01:13:56,640 --> 01:13:59,120
Speaker 3: So there's the next interesting thing. If you've been paying

1575
01:13:59,200 --> 01:14:02,720
Speaker 3: insurance you're entire life and you've never used it, and

1576
01:14:02,840 --> 01:14:04,800
Speaker 3: you get to the point where you now no longer

1577
01:14:04,880 --> 01:14:06,320
Speaker 3: can afford it. What do you make of that?

1578
01:14:06,520 --> 01:14:06,680
Speaker 15: Is that?

1579
01:14:06,960 --> 01:14:09,320
Speaker 3: Have you been ripped off? Or have you do you

1580
01:14:09,560 --> 01:14:12,320
Speaker 3: comfort yourself knowing I was covered for that period of

1581
01:14:12,360 --> 01:14:14,760
Speaker 3: time and that essentially is what insurance is. Therefore I

1582
01:14:14,880 --> 01:14:17,400
Speaker 3: covered off my risk. Are you happy with interesting things,

1583
01:14:17,920 --> 01:14:18,800
Speaker 3: money and life in them?

1584
01:14:22,080 --> 01:14:26,280
Speaker 1: Your trusted source for news and fuse the mic Hosking

1585
01:14:26,360 --> 01:14:30,559
Speaker 1: breakfast with the range Rover, the la designed to intrigue

1586
01:14:30,640 --> 01:14:31,679
Speaker 1: and use togs dB.

1587
01:14:31,840 --> 01:14:33,560
Speaker 3: Mike wise, you can get a coffee in Rome for

1588
01:14:33,600 --> 01:14:34,519
Speaker 3: one or two euros.

1589
01:14:34,600 --> 01:14:34,880
Speaker 17: Brian.

1590
01:14:34,960 --> 01:14:37,120
Speaker 3: It's a very very good question and the answers you can.

1591
01:14:37,240 --> 01:14:40,519
Speaker 3: I think it's two euros these days. That's an espresso,

1592
01:14:40,840 --> 01:14:42,720
Speaker 3: and it's a you know, it's a little, you know,

1593
01:14:43,640 --> 01:14:46,799
Speaker 3: tiny little espresso and you're standing up and generally you're outside.

1594
01:14:47,040 --> 01:14:48,479
Speaker 3: So you pay a lot more if you want to

1595
01:14:48,479 --> 01:14:49,640
Speaker 3: put a bit of milk in it and call it

1596
01:14:49,760 --> 01:14:51,479
Speaker 3: something different, and certainly you pay a lot more if

1597
01:14:51,520 --> 01:14:53,800
Speaker 3: you want to sit down. But that's a well time

1598
01:14:53,880 --> 01:14:56,519
Speaker 3: honored tradition of Itly, twenty three minutes away from.

1599
01:14:56,479 --> 01:15:00,920
Speaker 1: Nine International correspondence with ends and I Insurance peace of

1600
01:15:01,040 --> 01:15:02,320
Speaker 1: mind for New Zealand business.

1601
01:15:02,400 --> 01:15:05,400
Speaker 3: Who's fraidy we go see very morning to you, Good

1602
01:15:05,439 --> 01:15:06,880
Speaker 3: morning this. I was look at these numbers a couple

1603
01:15:06,920 --> 01:15:08,760
Speaker 3: of moments ago, this poll it's out this morning on

1604
01:15:08,840 --> 01:15:11,120
Speaker 3: a primary vote. I mean, the Coalition are killing them,

1605
01:15:11,120 --> 01:15:11,479
Speaker 3: aren't they?

1606
01:15:12,920 --> 01:15:13,479
Speaker 10: Yes, they are.

1607
01:15:13,600 --> 01:15:16,160
Speaker 21: And the sad thing about this, though, is we have

1608
01:15:16,280 --> 01:15:19,920
Speaker 21: a two party preferred system in this country where preferences

1609
01:15:20,000 --> 01:15:23,320
Speaker 21: then flow on and Labour always picks up most of

1610
01:15:23,360 --> 01:15:26,680
Speaker 21: the preferences from the Greens party. So even though it

1611
01:15:26,800 --> 01:15:29,680
Speaker 21: looks like on a primary vote the Coalition would be successful,

1612
01:15:30,080 --> 01:15:33,479
Speaker 21: it's probably the worst case scenario, which is and I've

1613
01:15:33,520 --> 01:15:36,040
Speaker 21: mentioned it to you before, Mike, about heading for a

1614
01:15:36,120 --> 01:15:39,000
Speaker 21: hung parliament, which is what this looks like. Just on

1615
01:15:39,160 --> 01:15:42,439
Speaker 21: those numbers two party preferred, it's fifty to fifty. But

1616
01:15:42,640 --> 01:15:46,160
Speaker 21: you look a bit deeper. One nation's result is a

1617
01:15:46,520 --> 01:15:49,880
Speaker 21: primary vote of seven percent, the Greens twelve, and the

1618
01:15:50,040 --> 01:15:54,760
Speaker 21: Teals are up at around eleven percent, So a lot

1619
01:15:54,840 --> 01:15:57,519
Speaker 21: of those Greens and Teals preferences would flow to Labor.

1620
01:15:57,560 --> 01:15:59,280
Speaker 21: So if we're going to have an election, even though

1621
01:15:59,320 --> 01:16:02,280
Speaker 21: it looks like fifty to fifty, on a glance at it,

1622
01:16:02,800 --> 01:16:05,599
Speaker 21: you'd say that Anthony Albanez, he would survive. The big

1623
01:16:05,760 --> 01:16:09,439
Speaker 21: problem though for him is his approval rating has dropped again.

1624
01:16:09,560 --> 01:16:12,240
Speaker 21: It's the lowest it's been since the election. It's gone

1625
01:16:12,280 --> 01:16:14,639
Speaker 21: down another two points. It's down at forty one percent.

1626
01:16:16,120 --> 01:16:19,200
Speaker 21: Unless Labor change the rules, so you can't get rid

1627
01:16:19,240 --> 01:16:21,840
Speaker 21: of a leader. If they hadn't done that, he would

1628
01:16:21,840 --> 01:16:24,240
Speaker 21: be on very dangerous ground right now. I think he

1629
01:16:24,280 --> 01:16:25,400
Speaker 21: would be pushed out the door.

1630
01:16:25,680 --> 01:16:28,640
Speaker 3: Just explain for those who haven't covered. I've become fascinated

1631
01:16:28,680 --> 01:16:32,120
Speaker 3: by it. But his Captain's call on the census question

1632
01:16:32,479 --> 01:16:36,880
Speaker 3: around culture, let's call it culture sex well around sex,

1633
01:16:37,520 --> 01:16:41,479
Speaker 3: how is it you can be that phenomenally nighive to

1634
01:16:41,560 --> 01:16:43,120
Speaker 3: make this into something that wasn't.

1635
01:16:44,120 --> 01:16:47,040
Speaker 21: It is very naive and it is. I mean, we

1636
01:16:47,160 --> 01:16:49,479
Speaker 21: have a census every four years. There's a question in

1637
01:16:49,560 --> 01:16:53,439
Speaker 21: there normally about what your sexual orientation is. And the

1638
01:16:54,160 --> 01:16:56,960
Speaker 21: government decided via the people who run the census, that

1639
01:16:57,479 --> 01:17:01,439
Speaker 21: they were going to take that out for some unusual reason,

1640
01:17:01,520 --> 01:17:04,200
Speaker 21: and the Prime Minister endorsed the fact that that was

1641
01:17:04,240 --> 01:17:06,200
Speaker 21: going to happen. And then he was asked a question

1642
01:17:06,280 --> 01:17:08,240
Speaker 21: about it on radio and he said, oh no, maybe

1643
01:17:08,280 --> 01:17:11,320
Speaker 21: it might be back in there, and He just looks

1644
01:17:11,360 --> 01:17:13,400
Speaker 21: like he's flip flopping on all sorts of things at

1645
01:17:13,400 --> 01:17:15,040
Speaker 21: the moment. I don't think he's heads in the game.

1646
01:17:15,520 --> 01:17:17,720
Speaker 21: He blew up at the New Zealand journalist, as you know,

1647
01:17:18,320 --> 01:17:20,320
Speaker 21: when he was in the South Pacific Forum for no

1648
01:17:20,479 --> 01:17:23,479
Speaker 21: good reason, just because she happened to overhear a conversation

1649
01:17:23,600 --> 01:17:27,160
Speaker 21: and record it. He's very wobbly at the moment, and look,

1650
01:17:27,240 --> 01:17:30,519
Speaker 21: I think the party themselves are going to have to

1651
01:17:31,040 --> 01:17:33,360
Speaker 21: pull him inside and tell him, look, you've got to

1652
01:17:33,360 --> 01:17:35,840
Speaker 21: get your act together otherwise we're in real trouble here.

1653
01:17:35,880 --> 01:17:38,920
Speaker 21: But that was just crazy. That was a non story

1654
01:17:39,000 --> 01:17:39,960
Speaker 21: that he made it into one.

1655
01:17:40,080 --> 01:17:43,439
Speaker 3: Yeah, exactly. Now the Glasgow Games Melbourne literally going to

1656
01:17:43,479 --> 01:17:45,040
Speaker 3: have to put the bill. This is Dan Andrews and

1657
01:17:45,160 --> 01:17:47,760
Speaker 3: being Isn't this one of the great frustrations of life.

1658
01:17:47,800 --> 01:17:50,320
Speaker 3: The people who make the most cataclysmic cockups are the

1659
01:17:50,400 --> 01:17:53,640
Speaker 3: ones who have left office and can't be held accountable and.

1660
01:17:53,840 --> 01:18:00,400
Speaker 21: Living on a lifetime pension tax free of some hundreds

1661
01:18:00,439 --> 01:18:03,640
Speaker 21: of thousands of dollars. So, just briefly in background, we

1662
01:18:03,800 --> 01:18:07,200
Speaker 21: bid for the two twenty six comic games. Dan Andrews

1663
01:18:07,280 --> 01:18:08,840
Speaker 21: thought it was a smart idea, to hold it in

1664
01:18:08,920 --> 01:18:12,599
Speaker 21: regional Victoria. It was costed at two billion, and then

1665
01:18:12,680 --> 01:18:15,080
Speaker 21: he came claimed it was going to cost seven billion.

1666
01:18:15,520 --> 01:18:17,760
Speaker 21: Now that's a huge amount of money for an event

1667
01:18:17,800 --> 01:18:21,000
Speaker 21: that no one cares about. So he decided he had

1668
01:18:21,080 --> 01:18:24,360
Speaker 21: can it. Now, A lot of people suggest that he

1669
01:18:24,560 --> 01:18:26,679
Speaker 21: did that so he could pick up votes in those

1670
01:18:26,760 --> 01:18:29,519
Speaker 21: regional cities and was always going to cancel it after

1671
01:18:29,520 --> 01:18:32,479
Speaker 21: an election. I suspect that was the case. But we

1672
01:18:32,680 --> 01:18:36,760
Speaker 21: forked out two hundred million dollars to some crowd called

1673
01:18:36,800 --> 01:18:40,560
Speaker 21: the Commonwealth Games Foundation or Federation as a penalty to

1674
01:18:40,640 --> 01:18:44,200
Speaker 21: having canceled the games. Now, the people who are running

1675
01:18:44,240 --> 01:18:47,040
Speaker 21: the games now in Glasgow in Scotland, they picked them

1676
01:18:47,160 --> 01:18:50,360
Speaker 21: up there at were caught last week boasting that one

1677
01:18:50,439 --> 01:18:54,000
Speaker 21: hundred million pound which is about two hundred and twenty

1678
01:18:54,040 --> 01:18:58,560
Speaker 21: million dollars of Victorian government's money, will cover almost the

1679
01:18:58,880 --> 01:19:02,000
Speaker 21: entire cost of our games. They're not building any new venues.

1680
01:19:02,439 --> 01:19:04,880
Speaker 21: They're just going we'll run it here and where we

1681
01:19:04,960 --> 01:19:08,240
Speaker 21: had it last time. And those mugs in Victoria, those

1682
01:19:08,640 --> 01:19:11,840
Speaker 21: taxpayers are our mate, Dan Andrews. They'll fund the whole thing.

1683
01:19:12,400 --> 01:19:15,440
Speaker 21: I mean, of all the things he did, that's almost.

1684
01:19:15,160 --> 01:19:18,879
Speaker 3: The worst, I reckon the five year old's the library.

1685
01:19:19,520 --> 01:19:20,519
Speaker 3: Which library a law?

1686
01:19:20,640 --> 01:19:25,519
Speaker 21: State libraries, every taxpayer funded state library will now Library

1687
01:19:25,560 --> 01:19:28,280
Speaker 21: staff have been told they will need to ask children

1688
01:19:28,439 --> 01:19:33,720
Speaker 21: what their preferred pronouns are to avoid gendered language and

1689
01:19:33,880 --> 01:19:38,200
Speaker 21: to offer pronoun badgers pinzel lanyards as part of a

1690
01:19:38,320 --> 01:19:44,240
Speaker 21: government funded rainbow toolkit launched on Friday. If you can

1691
01:19:44,439 --> 01:19:48,000
Speaker 21: believe it, start at public libraries. I'm not making this up.

1692
01:19:48,600 --> 01:19:50,880
Speaker 21: Being given new guidelines wait for this on how to

1693
01:19:51,000 --> 01:19:59,200
Speaker 21: be LGBTQIA plus friendly. The state government announced this on

1694
01:19:59,560 --> 01:20:08,240
Speaker 21: Friday on lgbtq IA Plus Awareness Day. One section, labeled

1695
01:20:08,320 --> 01:20:13,519
Speaker 21: non gendered Interactions proposes that staff ask primary school children

1696
01:20:14,280 --> 01:20:15,120
Speaker 21: what would you like to be?

1697
01:20:15,240 --> 01:20:20,360
Speaker 3: Known as unbelievable This Rory Arman Aiman whatever his name is,

1698
01:20:20,760 --> 01:20:24,560
Speaker 3: New South Wales MP who's got charged with sexual offenses

1699
01:20:25,240 --> 01:20:29,719
Speaker 3: despite the fact he claims innocence. The question marks around

1700
01:20:31,120 --> 01:20:33,240
Speaker 3: scanning for people's backgrounds and what they may or may

1701
01:20:33,320 --> 01:20:35,880
Speaker 3: not have said they were or weren't prior to making them.

1702
01:20:35,960 --> 01:20:39,240
Speaker 21: MPs should be probably, I mean we should point out

1703
01:20:39,280 --> 01:20:43,200
Speaker 21: that he's denied this, but the allegations leveled out against

1704
01:20:43,280 --> 01:20:46,519
Speaker 21: him by New South Wales police are extremely serious. He's

1705
01:20:46,600 --> 01:20:49,560
Speaker 21: quit his seat. He's not obviously going to stay in

1706
01:20:49,640 --> 01:20:52,439
Speaker 21: the Parliament, and he'll go before the courts. But yes,

1707
01:20:52,520 --> 01:20:54,439
Speaker 21: you reckon background checks could be a bit better than that.

1708
01:20:54,640 --> 01:20:56,559
Speaker 3: Good on mate, Nice to see you see Wednesday. Steve

1709
01:20:56,600 --> 01:20:58,280
Speaker 3: Price out of Australia, by the way, just before we

1710
01:20:58,360 --> 01:21:00,400
Speaker 3: leave that very fine country at seventeen minutes away from

1711
01:21:00,479 --> 01:21:04,000
Speaker 3: nine Pasky. I note that Albanezi and Jody is I

1712
01:21:04,080 --> 01:21:06,960
Speaker 3: think he's asked to marriage. She says yes, So therefore, fiancee,

1713
01:21:07,840 --> 01:21:11,280
Speaker 3: the wedding's off until after the election. A lot of

1714
01:21:11,320 --> 01:21:14,960
Speaker 3: speculation he was going to pull go during the election campaign.

1715
01:21:14,960 --> 01:21:16,519
Speaker 3: They've got to hold an election, as you well know,

1716
01:21:16,640 --> 01:21:19,560
Speaker 3: by May of next year, so the summer would have

1717
01:21:19,640 --> 01:21:23,880
Speaker 3: been nice February January February. But no Prime minister, by

1718
01:21:23,920 --> 01:21:27,000
Speaker 3: the way, has ever been married while in office, so

1719
01:21:27,400 --> 01:21:29,760
Speaker 3: that's officially off until after the election. And as Steve

1720
01:21:29,800 --> 01:21:31,519
Speaker 3: points out, the way things are going, once he has

1721
01:21:31,560 --> 01:21:33,040
Speaker 3: the election, he may well have a lot of time

1722
01:21:33,080 --> 01:21:34,479
Speaker 3: on his hands because he's going to lose it and

1723
01:21:34,720 --> 01:21:37,000
Speaker 3: therefore no longer be leader of the opposition because they'll

1724
01:21:37,000 --> 01:21:39,080
Speaker 3: boot him out after that as well. Sixteen two.

1725
01:21:40,520 --> 01:21:45,080
Speaker 1: The Asking Breakfast Full Show podcast on iHeartRadio powered by

1726
01:21:45,160 --> 01:21:45,960
Speaker 1: News Talks.

1727
01:21:45,680 --> 01:21:48,439
Speaker 3: At b It's away from nine Mike, this piece of rubbish,

1728
01:21:48,479 --> 01:21:50,200
Speaker 3: the library announcement is enough to make me put a

1729
01:21:50,240 --> 01:21:51,960
Speaker 3: pin in my eye. What's wrong with this? Well, see

1730
01:21:51,960 --> 01:21:53,920
Speaker 3: it's many a time in this program. So for all

1731
01:21:53,920 --> 01:21:56,240
Speaker 3: the teams of thousands who trundled across to Australia thinking

1732
01:21:56,280 --> 01:21:58,559
Speaker 3: that something's bigger, brighter and more fantastic, there's a lot

1733
01:21:58,560 --> 01:22:01,479
Speaker 3: of weird stuff goes on in that country. Mike visited

1734
01:22:01,520 --> 01:22:04,639
Speaker 3: Cambridge Saturday. No recession in that town. Every eatery full

1735
01:22:06,360 --> 01:22:09,759
Speaker 3: one owner I know, did three hundred meals on Saturday,

1736
01:22:09,800 --> 01:22:12,200
Speaker 3: fully booked for Sunday, last five years, up sixty percent

1737
01:22:12,240 --> 01:22:15,080
Speaker 3: on the previous five years. Walking her down to the boom. Fantastic.

1738
01:22:15,479 --> 01:22:17,559
Speaker 3: Elon Musk, if you missed it, he's got a major

1739
01:22:17,600 --> 01:22:20,040
Speaker 3: scrap going on with Brazil at the moment the Supreme Court.

1740
01:22:20,040 --> 01:22:21,800
Speaker 3: I alluded to it about a week or so ago.

1741
01:22:22,439 --> 01:22:26,240
Speaker 3: Threat was coming from the Court and it's all to

1742
01:22:26,280 --> 01:22:29,800
Speaker 3: do with the freedom of speech, or what Elon Musk

1743
01:22:29,840 --> 01:22:32,439
Speaker 3: would see as the freedom of speech. The immediate and

1744
01:22:32,560 --> 01:22:36,280
Speaker 3: complete suspension of the operation of X throughout the national

1745
01:22:36,400 --> 01:22:39,240
Speaker 3: territory until the court's judicial decisions are complied with and

1746
01:22:39,360 --> 01:22:42,960
Speaker 3: the fines applied are paid until a representative of the

1747
01:22:43,040 --> 01:22:46,280
Speaker 3: company in the country is appointed. Their argument being that

1748
01:22:46,680 --> 01:22:50,519
Speaker 3: under Brazil's law, social media companies operating there must employ

1749
01:22:50,640 --> 01:22:54,880
Speaker 3: somebody locally to handle government takedown notices about political misinformation

1750
01:22:55,000 --> 01:22:57,960
Speaker 3: and incitements to violence. They got an election coming up,

1751
01:22:58,000 --> 01:23:00,680
Speaker 3: of course, and there's nobody there locally, and Elon does

1752
01:23:00,720 --> 01:23:02,880
Speaker 3: his whole free wheeling, you know, say what you want to,

1753
01:23:03,120 --> 01:23:05,160
Speaker 3: and they don't like that in Brazil, so they've banned him,

1754
01:23:05,600 --> 01:23:08,400
Speaker 3: and he's not particularly happy about it because last time

1755
01:23:08,439 --> 01:23:10,640
Speaker 3: I looked at Brazil, there's quite a few people in

1756
01:23:10,720 --> 01:23:13,400
Speaker 3: that country and they're called customers. Now, let me just

1757
01:23:13,479 --> 01:23:16,559
Speaker 3: briefly come to the zyplex thing with Fletcher Building. Now,

1758
01:23:16,600 --> 01:23:18,439
Speaker 3: you may or may not have followed this. I've followed

1759
01:23:18,479 --> 01:23:21,360
Speaker 3: it because it's been bubbling away and you're thinking, where's

1760
01:23:21,400 --> 01:23:26,600
Speaker 3: this going to end? So Fletcher Building, who and what?

1761
01:23:26,760 --> 01:23:29,519
Speaker 3: Interests me as much about the individual case as the

1762
01:23:29,520 --> 01:23:32,479
Speaker 3: broader case. Fletcher Building, over the last handful of years

1763
01:23:32,520 --> 01:23:34,920
Speaker 3: have had any number of problems. They seem to have

1764
01:23:35,080 --> 01:23:39,679
Speaker 3: just an ongoing series of issues. Now they've got themselves

1765
01:23:39,720 --> 01:23:44,280
Speaker 3: a new CEO, and I don't know whether things are

1766
01:23:44,320 --> 01:23:47,040
Speaker 3: coming right. The convention center in Auckland, which has been

1767
01:23:47,040 --> 01:23:49,439
Speaker 3: one of their major headaches, is coming to a conclusion

1768
01:23:49,479 --> 01:23:52,120
Speaker 3: and they'll be so glad that that particular nightmare is over.

1769
01:23:52,600 --> 01:23:54,840
Speaker 3: They're making not a cent on that if not less

1770
01:23:54,880 --> 01:23:58,360
Speaker 3: than a cent board members have been booted out or resigned,

1771
01:23:58,439 --> 01:24:03,200
Speaker 3: reputations have been ruined them something fundamentally or has been

1772
01:24:03,320 --> 01:24:07,519
Speaker 3: something fundamentally wrong with Fletchers. Now. The iPLEX thing is

1773
01:24:07,560 --> 01:24:11,600
Speaker 3: a piping system. It suddenly bubbled up in Western Australia

1774
01:24:11,680 --> 01:24:14,360
Speaker 3: where people went, there's something wrong with the product. Up

1775
01:24:14,479 --> 01:24:16,879
Speaker 3: until this point Fletchers are gone nut. It's not products

1776
01:24:16,920 --> 01:24:19,840
Speaker 3: perfectly fine, it's the installation. So that's where the scrap's been,

1777
01:24:19,960 --> 01:24:23,519
Speaker 3: installation versus quality of the product. So you're thinking back

1778
01:24:23,560 --> 01:24:25,639
Speaker 3: and forth. They go all of a sudden on Friday

1779
01:24:26,479 --> 01:24:29,720
Speaker 3: it has announced that iPLEX Pipelines, which is a subsidiary

1780
01:24:29,720 --> 01:24:32,120
Speaker 3: of course of Fletchers, is writing a check for one

1781
01:24:32,200 --> 01:24:34,559
Speaker 3: hundred and sixty eight million dollars. And you think, well,

1782
01:24:34,600 --> 01:24:38,400
Speaker 3: what for, And the answer is to pay for the

1783
01:24:38,520 --> 01:24:42,320
Speaker 3: perth Leaky Pipe's Debarcle struck a deal with the Western

1784
01:24:42,320 --> 01:24:46,160
Speaker 3: Australian government. Why is the government vault Fletcher first estimated

1785
01:24:46,200 --> 01:24:49,200
Speaker 3: the issue would cost about two million, so it's gone

1786
01:24:49,240 --> 01:24:52,120
Speaker 3: from two million to one hundred and sixty eight million,

1787
01:24:53,040 --> 01:24:57,040
Speaker 3: still blaming the poor installation. The response will be made

1788
01:24:57,040 --> 01:24:59,960
Speaker 3: available to all Western Australian homes and which profit pipe

1789
01:25:00,120 --> 01:25:05,200
Speaker 3: manufactured with Tiplex or typlex Resen was installed, whether that

1790
01:25:05,320 --> 01:25:07,400
Speaker 3: home is owned by the original purchases or not. So,

1791
01:25:07,760 --> 01:25:09,880
Speaker 3: as was pointed out by Greg earlier on in the program,

1792
01:25:09,960 --> 01:25:12,160
Speaker 3: this is an open ended thing. In other words, there's

1793
01:25:12,200 --> 01:25:14,519
Speaker 3: no timeline and you can be claiming forever, so Lord

1794
01:25:14,560 --> 01:25:16,720
Speaker 3: knows how much it's actually going to cost. But if

1795
01:25:16,800 --> 01:25:20,040
Speaker 3: you have done nothing wrong and there is nothing wrong

1796
01:25:20,080 --> 01:25:22,519
Speaker 3: with your product, and it's only when the hands of

1797
01:25:22,560 --> 01:25:25,240
Speaker 3: the installers it goes wrong, then why are you writing

1798
01:25:25,240 --> 01:25:26,920
Speaker 3: a check for one hundred and sixty eight million dollars?

1799
01:25:29,400 --> 01:25:32,639
Speaker 3: And how come these things keep happening to the same company.

1800
01:25:32,960 --> 01:25:35,960
Speaker 3: Nine away from nine the my costing.

1801
01:25:35,760 --> 01:25:40,960
Speaker 1: Rekast with a Vida Retirement Communities newsbmight.

1802
01:25:39,880 --> 01:25:42,400
Speaker 3: Gree the coffee prices. Let's not forget the up cells

1803
01:25:42,680 --> 01:25:44,439
Speaker 3: that go with them, such as the eight dollars cones

1804
01:25:44,439 --> 01:25:46,519
Speaker 3: and the ten dollar slice of cake, which surely covers

1805
01:25:46,520 --> 01:25:49,559
Speaker 3: all the perceived increase expensible It depends what you paid

1806
01:25:49,560 --> 01:25:51,839
Speaker 3: for the cake, or if you made the cake yourself.

1807
01:25:52,520 --> 01:25:54,439
Speaker 3: But I think that people who just hold on the wall,

1808
01:25:54,640 --> 01:25:56,479
Speaker 3: you know, with the machine and coffee, they the ones

1809
01:25:56,520 --> 01:25:58,280
Speaker 3: who might be struggling. If you convince people to sit

1810
01:25:58,360 --> 01:26:00,840
Speaker 3: down for an extended period, be all right. By the way,

1811
01:26:00,960 --> 01:26:03,080
Speaker 3: you read the guy in Western Australia, so he runs

1812
01:26:03,120 --> 01:26:05,559
Speaker 3: a company and he doesn't like he made headlines all

1813
01:26:05,640 --> 01:26:07,760
Speaker 3: over the world. I notice he doesn't want anyone once

1814
01:26:07,800 --> 01:26:10,240
Speaker 3: they arrivee at work leaving the office, and they did

1815
01:26:10,320 --> 01:26:12,639
Speaker 3: some numbers. Apparently when people go out for coffee it's

1816
01:26:12,680 --> 01:26:14,640
Speaker 3: just a waste of time and we can't have it.

1817
01:26:15,240 --> 01:26:17,479
Speaker 3: And so when you look at his company, actually he

1818
01:26:17,479 --> 01:26:20,160
Speaker 3: has installed some some fantastic things. There's a daycare center

1819
01:26:20,200 --> 01:26:22,320
Speaker 3: within the company, so you can drop the kids off

1820
01:26:22,360 --> 01:26:23,840
Speaker 3: and just spend all day at work. I told you

1821
01:26:23,840 --> 01:26:27,040
Speaker 3: about Japan earlier on, and they've got people you can

1822
01:26:27,160 --> 01:26:28,680
Speaker 3: hire to get you out of your job because you

1823
01:26:28,760 --> 01:26:30,240
Speaker 3: work too long ar hours. Although I do note in

1824
01:26:30,320 --> 01:26:32,400
Speaker 3: Japan they're looking increasingly at four day weeks, and then

1825
01:26:32,439 --> 01:26:34,160
Speaker 3: of course we come to and will to is Rod

1826
01:26:34,200 --> 01:26:37,639
Speaker 3: back Tomorrow is at Ender Rod. So when we talk

1827
01:26:37,720 --> 01:26:41,080
Speaker 3: to Rod tomorrow, not only are the UK looking at

1828
01:26:41,120 --> 01:26:43,240
Speaker 3: a four day week, it looks like from my reading,

1829
01:26:43,960 --> 01:26:48,040
Speaker 3: this labor government, the new labor government imposes too strong

1830
01:26:48,040 --> 01:26:49,479
Speaker 3: a word. But in other words, if you work out

1831
01:26:49,520 --> 01:26:51,120
Speaker 3: you want a four day week, you'n habit that end.

1832
01:26:51,479 --> 01:26:54,160
Speaker 3: There's no negotiation. It's not like, you know, let's all

1833
01:26:54,320 --> 01:26:56,720
Speaker 3: have a collective. It's just like we've decided we want

1834
01:26:56,720 --> 01:26:58,720
Speaker 3: a four day week, and the employer must provide it

1835
01:26:58,800 --> 01:27:04,320
Speaker 3: to you, which seems companies instead legally obliged to offer

1836
01:27:04,400 --> 01:27:06,960
Speaker 3: flexible working from day one, except where there is quote

1837
01:27:07,040 --> 01:27:11,599
Speaker 3: unquote not reasonably feasible. Now the debate is what's reasonably

1838
01:27:11,640 --> 01:27:13,639
Speaker 3: feasible Anyway, we'll talk a lot about that tomorrow. Five

1839
01:27:13,640 --> 01:27:14,639
Speaker 3: minutes away from nine.

1840
01:27:15,320 --> 01:27:18,880
Speaker 1: Trending Now with him were House, the home of Big

1841
01:27:18,960 --> 01:27:19,880
Speaker 1: Brand Cosmetics.

1842
01:27:20,000 --> 01:27:24,080
Speaker 3: They're celebrating eighty five years of Marvel. Stan Lee, Jack Kirby,

1843
01:27:24,560 --> 01:27:29,160
Speaker 3: Steve Dictoe spawned this Movie's games, the whole thing. So

1844
01:27:29,240 --> 01:27:31,400
Speaker 3: they've got a big celebration special going on to mark

1845
01:27:31,439 --> 01:27:34,040
Speaker 3: the eighty five years. It is narrated by Stanley himself.

1846
01:27:34,160 --> 01:27:39,920
Speaker 1: Here's our special guest, stan Lee, which one is your favorite?

1847
01:27:40,240 --> 01:27:42,639
Speaker 13: Oh gee, you know that's almost like asking a parent

1848
01:27:42,720 --> 01:27:44,040
Speaker 13: who's his favorite child.

1849
01:27:44,720 --> 01:27:47,200
Speaker 23: I often look back at the early sixties in a

1850
01:27:47,280 --> 01:27:51,040
Speaker 23: famous Marvel bullpen with stan Lee, Jack Kirby and Steve

1851
01:27:51,120 --> 01:27:57,920
Speaker 23: dickgirl creating Spider Man, the Avengers, the X Men, and

1852
01:27:58,120 --> 01:27:59,120
Speaker 23: the Fantastic Four.

1853
01:28:00,080 --> 01:28:04,080
Speaker 10: In the comic books and in the movies, story is

1854
01:28:04,280 --> 01:28:09,599
Speaker 10: always the most important element. Marvel is this massive canvas

1855
01:28:10,560 --> 01:28:12,880
Speaker 10: through which all of our humanity is explored.

1856
01:28:13,760 --> 01:28:18,200
Speaker 23: And of course I can't leave without saying Eggs Celsia.

1857
01:28:20,200 --> 01:28:24,000
Speaker 3: Eighty five billion so far on comics they've made. That's

1858
01:28:24,000 --> 01:28:25,519
Speaker 3: an old number. The last time they did it was

1859
01:28:25,560 --> 01:28:27,880
Speaker 3: twenty twenty one, so that'll be updated. Eighty five billion.

1860
01:28:28,439 --> 01:28:31,200
Speaker 3: As far as movies are concerned, forty eight billion in

1861
01:28:31,280 --> 01:28:34,400
Speaker 3: counting because Deadpool's not in it, so they've made a

1862
01:28:34,439 --> 01:28:37,200
Speaker 3: billion all by itself, so that's forty nine and counting.

1863
01:28:38,120 --> 01:28:40,960
Speaker 3: Games one hundred million copies have been sold. Spider Man

1864
01:28:41,080 --> 01:28:43,720
Speaker 3: games they sell over behalf of that. And then you

1865
01:28:43,800 --> 01:28:45,519
Speaker 3: come to the mobile games, and they've only been round

1866
01:28:45,520 --> 01:28:48,519
Speaker 3: since twenty fourteen and four hundred million dollars, so that

1867
01:28:48,840 --> 01:28:52,920
Speaker 3: is that's a good business. Speaking of good business, Luke

1868
01:28:53,000 --> 01:28:56,200
Speaker 3: Holmes would be the biggest name in country music anywhere

1869
01:28:56,200 --> 01:28:58,639
Speaker 3: in the world, and he's a stadium act these days,

1870
01:28:58,840 --> 01:29:01,280
Speaker 3: and I think he's coming back to the country next

1871
01:29:01,400 --> 01:29:04,400
Speaker 3: year along with Chris Stopelan. Actually, anyway, more importantly, tomorrow

1872
01:29:04,479 --> 01:29:07,360
Speaker 3: on the program after write, Luke Comb's exclusive to The

1873
01:29:07,400 --> 01:29:09,799
Speaker 3: Mic Hosking Breakfast and we look forward to your company

1874
01:29:10,280 --> 01:29:12,639
Speaker 3: from six as always, Happy days.

1875
01:29:23,760 --> 01:29:26,640
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1876
01:29:26,800 --> 01:29:29,840
Speaker 1: news talks it'd be from six am weekdays, or follow

1877
01:29:29,880 --> 01:29:31,400
Speaker 1: the podcast on iHeartRadio.