1 00:00:00,480 --> 00:00:05,960 Speaker 1: You're trusted home for news, sport, entertainment, opinion and Mike 2 00:00:06,280 --> 00:00:10,560 Speaker 1: the Mic asking Breakfast with a Veda, Retirement, Communities, Life, 3 00:00:10,720 --> 00:00:12,720 Speaker 1: Your Way News, togs Head been budding your. 4 00:00:12,600 --> 00:00:14,520 Speaker 2: Welcome to Day. Nikola Willison their Rock and a Hard 5 00:00:14,560 --> 00:00:17,000 Speaker 2: Place War Relief, the founder of Halter, which is quite 6 00:00:17,040 --> 00:00:19,640 Speaker 2: the success story. Neil Varnes as Dave Renni's new right 7 00:00:19,680 --> 00:00:21,720 Speaker 2: hand man. We're winning in health apparently when it comes 8 00:00:21,760 --> 00:00:24,759 Speaker 2: to targets and delivery. Mark and Jinny Politics Wednesday, of course, 9 00:00:24,920 --> 00:00:27,960 Speaker 2: Richard Arnold, Steve Price for you as well, pasking Here 10 00:00:27,960 --> 00:00:29,880 Speaker 2: we go for Wednesday seven past six. I mean question, 11 00:00:29,960 --> 00:00:33,080 Speaker 2: how many ways can you slice the petrol handout? Answer? Many? Clearly. 12 00:00:33,120 --> 00:00:35,720 Speaker 2: The government has been commended, I think on restraint, and 13 00:00:35,760 --> 00:00:37,839 Speaker 2: I hope that message of restraint has sunk into New 14 00:00:37,920 --> 00:00:40,320 Speaker 2: Zealanders who think we have money forever, money on trees. 15 00:00:40,400 --> 00:00:42,559 Speaker 2: Debt is never to be paid back in Hipkins Robinson 16 00:00:42,560 --> 00:00:46,640 Speaker 2: and Adirnwi economic geniuses. Fitch has provided the wake up call. 17 00:00:46,720 --> 00:00:49,440 Speaker 2: The bill on interest alone for our debt is heading 18 00:00:49,479 --> 00:00:54,320 Speaker 2: towards ten billion dollars a year. We have no room 19 00:00:54,440 --> 00:00:57,120 Speaker 2: to move. We commend them too. I think on the 20 00:00:57,120 --> 00:00:59,240 Speaker 2: three hundred and seventy million coming out of the operating 21 00:00:59,280 --> 00:01:02,120 Speaker 2: budget and other world it's no new borrowing, but it's downhill. 22 00:01:02,160 --> 00:01:04,760 Speaker 2: I'm afraid from there, fifty dollars a week for a 23 00:01:04,840 --> 00:01:08,119 Speaker 2: year or until ninety one is three dollars per four weeks. 24 00:01:08,120 --> 00:01:11,120 Speaker 2: And then that random mechanism is the weakness of not 25 00:01:11,160 --> 00:01:14,360 Speaker 2: only government but relying on government. What is targeted about 26 00:01:14,360 --> 00:01:17,280 Speaker 2: fifty dollars per certain people based on fuel price? How 27 00:01:17,280 --> 00:01:19,320 Speaker 2: many of those people getting fifty dollars drive an EV 28 00:01:19,959 --> 00:01:22,880 Speaker 2: and the fuel bill is completely unaffected. How many don't 29 00:01:22,959 --> 00:01:25,839 Speaker 2: use fuel anyway, no matter what the cost. What about 30 00:01:25,840 --> 00:01:28,080 Speaker 2: the city dwellers? You walk a lot, I drive, for example, 31 00:01:28,080 --> 00:01:30,720 Speaker 2: twelve k's a day, sixty a week. If I do, 32 00:01:30,840 --> 00:01:33,959 Speaker 2: say ten liters per hundred, that's success liters. Let's call 33 00:01:34,000 --> 00:01:36,759 Speaker 2: it ten thirty five forty five dollars a week for fuel. 34 00:01:36,800 --> 00:01:40,760 Speaker 2: I'm winning the government. Suddenly, Government's suddenly paying my fuel bill. 35 00:01:40,959 --> 00:01:44,080 Speaker 2: That's nuts. The people affected by fuel are the people 36 00:01:44,080 --> 00:01:46,759 Speaker 2: who travel the distance. It's got nothing to do with income. 37 00:01:46,800 --> 00:01:49,480 Speaker 2: It's miles. But a government can't hand out money in 38 00:01:49,520 --> 00:01:53,360 Speaker 2: that way. So how targeted is this? Actually? Yes, low 39 00:01:53,360 --> 00:01:56,559 Speaker 2: incomes are affected in greater percentage terms when prices rise, 40 00:01:56,800 --> 00:01:58,800 Speaker 2: but only if the price is a major for you. 41 00:01:58,880 --> 00:02:01,680 Speaker 2: Petro might be more expended, but it's only a burden 42 00:02:01,720 --> 00:02:03,880 Speaker 2: if you actually use a lot of it. Money is 43 00:02:03,920 --> 00:02:06,440 Speaker 2: going to people who we have no idea whether they 44 00:02:06,480 --> 00:02:09,200 Speaker 2: actually need it, because the mechanism that drives the support 45 00:02:09,680 --> 00:02:12,200 Speaker 2: is all wrong. But what are they to do? The 46 00:02:12,240 --> 00:02:14,359 Speaker 2: truth is this is the best of a series of 47 00:02:14,400 --> 00:02:17,720 Speaker 2: bad options. Kept the fuel tax. A lot of people say, sure, 48 00:02:17,880 --> 00:02:20,680 Speaker 2: millionaires get ferraris full of gas cheaper. It is the 49 00:02:20,720 --> 00:02:22,880 Speaker 2: weakness of having a populace who have come to rely 50 00:02:22,960 --> 00:02:25,200 Speaker 2: on a government too heavily. It is a scratch for 51 00:02:25,280 --> 00:02:29,120 Speaker 2: political ends, not economic solutions. This looks more like a 52 00:02:29,240 --> 00:02:31,680 Speaker 2: dart board gesture than an actual economic solution. 53 00:02:32,440 --> 00:02:36,080 Speaker 1: What news of the world in ninety seconds? 54 00:02:36,080 --> 00:02:38,840 Speaker 2: What word this morning is? It's peace talks in Pakistan? 55 00:02:38,840 --> 00:02:41,480 Speaker 2: Whid Coffin Kushner are talking with the Iranian speaker. If 56 00:02:41,520 --> 00:02:43,320 Speaker 2: it goes well, vance comes into close. 57 00:02:43,480 --> 00:02:48,320 Speaker 3: Despite being significantly weakened in the last few weeks, despite 58 00:02:48,400 --> 00:02:51,560 Speaker 3: their rate of fire being significantly lower than it was 59 00:02:51,600 --> 00:02:54,160 Speaker 3: at the start of the war, they are still managing 60 00:02:54,200 --> 00:02:56,920 Speaker 3: to inflect damage, not just on the region, but on 61 00:02:56,960 --> 00:02:59,600 Speaker 3: the entire world. When it comes to the energy market. 62 00:03:00,160 --> 00:03:02,519 Speaker 2: Back in the State's poor old Chris Right energy Secretary 63 00:03:02,600 --> 00:03:05,120 Speaker 2: is on, don't worry, it's all under controlled duty. 64 00:03:05,200 --> 00:03:07,840 Speaker 4: Portuately, we went into this conflict in a strong position 65 00:03:07,960 --> 00:03:11,120 Speaker 4: with President Trump's policies, US production of oil and natural 66 00:03:11,160 --> 00:03:14,359 Speaker 4: gas at record highs and our alliances with other energy 67 00:03:14,360 --> 00:03:15,840 Speaker 4: produces around the world. 68 00:03:16,000 --> 00:03:18,639 Speaker 2: Meantime, and Britain, they have not only used oil to 69 00:03:18,760 --> 00:03:20,400 Speaker 2: drive but to heat the homes of course, so a 70 00:03:20,400 --> 00:03:22,960 Speaker 2: lot of pressure on Rachel to keep a badi on prices. 71 00:03:23,080 --> 00:03:26,640 Speaker 5: We are going further to make sure that the Competition 72 00:03:26,720 --> 00:03:29,760 Speaker 5: and Markets Authority have the powers that they need that 73 00:03:29,800 --> 00:03:32,919 Speaker 5: were denied to them by the previous governments to detect 74 00:03:33,240 --> 00:03:36,480 Speaker 5: and to crack down on price gouging, bringing in a 75 00:03:36,520 --> 00:03:38,640 Speaker 5: new anti profiteering framework. 76 00:03:38,920 --> 00:03:40,720 Speaker 2: Of course, the Tories have seized the moment to remind 77 00:03:40,800 --> 00:03:41,960 Speaker 2: labor about self reliant. 78 00:03:42,000 --> 00:03:46,840 Speaker 6: The utterly misguided net zero obsessions of the Energy Secretary 79 00:03:47,560 --> 00:03:51,800 Speaker 6: have led to the absurdity of reduced extraction. Whilst we 80 00:03:51,880 --> 00:03:56,960 Speaker 6: see jobs destroyed and energy securities smashed other things. 81 00:03:56,960 --> 00:03:59,120 Speaker 2: While we are in Britain won the AMBO Attech bea 82 00:03:59,160 --> 00:03:59,920 Speaker 2: treating as tear. 83 00:04:00,320 --> 00:04:03,880 Speaker 7: We don't know what the motivation is yet, but attacks 84 00:04:03,920 --> 00:04:06,880 Speaker 7: like this have such huge ramifications for the community. It's 85 00:04:06,920 --> 00:04:10,160 Speaker 7: really important that can terrors in policing investigate this so 86 00:04:10,200 --> 00:04:12,800 Speaker 7: that we can establish what the motivation was. 87 00:04:13,000 --> 00:04:15,680 Speaker 2: And two, they have decided to well go into the 88 00:04:15,720 --> 00:04:17,599 Speaker 2: bets a bit expensive, so they're kepting fees. 89 00:04:17,760 --> 00:04:22,600 Speaker 6: Over half of the UK population have pets, and we 90 00:04:22,760 --> 00:04:25,440 Speaker 6: know that prices for batmany services have gone up by 91 00:04:25,600 --> 00:04:27,800 Speaker 6: much more than the rate of inflation. 92 00:04:27,560 --> 00:04:29,760 Speaker 2: So fabulous someone else will pay for it. Finally, increasing 93 00:04:29,800 --> 00:04:33,040 Speaker 2: concern over betting sites like Pollymarket traders made over one 94 00:04:33,040 --> 00:04:35,640 Speaker 2: point seven million betting on the Iran war Trump Junior 95 00:04:35,640 --> 00:04:37,640 Speaker 2: by the wise and board member of this particular company. 96 00:04:37,680 --> 00:04:40,400 Speaker 2: On average, traders have a win rate of slightly other 97 00:04:40,440 --> 00:04:44,120 Speaker 2: fifty percent, so you know, data to board anyway, this 98 00:04:44,160 --> 00:04:46,200 Speaker 2: person who only bits on things to do with Israel 99 00:04:46,240 --> 00:04:49,000 Speaker 2: and Iran is winning eighty three percent of the time. 100 00:04:49,600 --> 00:04:52,200 Speaker 2: When it involves trades over ten k, they're winning ninety 101 00:04:52,240 --> 00:04:54,599 Speaker 2: three percent of the time. So authorities are having a 102 00:04:54,600 --> 00:04:57,200 Speaker 2: look on it. To use the world in ninety Actually, 103 00:04:57,560 --> 00:05:00,880 Speaker 2: it's also related to yesterday's announcement. The time yes traders 104 00:05:01,000 --> 00:05:03,760 Speaker 2: are hundreds of millions of dollars were bet on oil contracts, 105 00:05:04,480 --> 00:05:06,960 Speaker 2: so they're looking at that data. Market data as well. 106 00:05:07,040 --> 00:05:09,919 Speaker 2: Volume of trade spiked around fifteen minutes before the social 107 00:05:09,960 --> 00:05:13,680 Speaker 2: media post yesterday, oil drop fourteen percent in a matter 108 00:05:13,720 --> 00:05:15,440 Speaker 2: of minutes, So if you bet on that, you would 109 00:05:15,480 --> 00:05:18,640 Speaker 2: have made a fortune, and it opens up the possibility 110 00:05:18,640 --> 00:05:20,960 Speaker 2: that the bets have been placed with prior knowledge. So 111 00:05:21,000 --> 00:05:24,040 Speaker 2: the whole thing's dodd years twelve past. 112 00:05:23,839 --> 00:05:30,360 Speaker 1: Six, The Mike Asking Breakfast Full Show podcast on iHeartRadio, 113 00:05:30,720 --> 00:05:32,160 Speaker 1: how It by News Talks. 114 00:05:31,920 --> 00:05:36,240 Speaker 2: Evy don't know this cheers you up or not? But 115 00:05:36,279 --> 00:05:40,120 Speaker 2: the consumer the consumer confidence numbers came out yesterday in Australia, 116 00:05:40,120 --> 00:05:42,800 Speaker 2: A and Z Roy Morgan dropped five point four percent. 117 00:05:42,880 --> 00:05:50,200 Speaker 2: It is a quote unquote a death spiral. Fifteen past generate, 118 00:05:50,240 --> 00:05:51,320 Speaker 2: Greg Smith, morning. 119 00:05:51,080 --> 00:05:52,799 Speaker 8: To you more into Mike. 120 00:05:52,800 --> 00:05:55,760 Speaker 2: Did anna soothe your brow? Yesterday? 121 00:05:56,800 --> 00:05:58,039 Speaker 8: A little bit a touch? 122 00:05:58,760 --> 00:06:00,800 Speaker 9: I suppose it seems it's not the bike that matters, 123 00:06:00,839 --> 00:06:04,120 Speaker 9: it's whether it sticks. So they're going to look through 124 00:06:04,120 --> 00:06:06,800 Speaker 9: the initial spike and oil driven inflation and they're going 125 00:06:06,880 --> 00:06:09,400 Speaker 9: to focus on the medium term. So you basically said, ye, 126 00:06:09,480 --> 00:06:11,560 Speaker 9: they can't be much about the short term supply shocks 127 00:06:11,640 --> 00:06:14,240 Speaker 9: like high petrol prices. We sort of know that and 128 00:06:14,279 --> 00:06:17,280 Speaker 9: that can crowd out other households spending. But they are 129 00:06:17,279 --> 00:06:19,239 Speaker 9: going to focus on the second round effects, of course, 130 00:06:19,320 --> 00:06:21,800 Speaker 9: so that's where it comes a bit more entrenched. So 131 00:06:21,920 --> 00:06:25,520 Speaker 9: if that happens, might yet we are looking at action 132 00:06:25,640 --> 00:06:28,120 Speaker 9: from the RB and to get inflation back from the 133 00:06:28,120 --> 00:06:32,120 Speaker 9: one to three percent band, even if the economy is weak. 134 00:06:32,800 --> 00:06:34,400 Speaker 9: The crucial factors we will know how long is this 135 00:06:34,440 --> 00:06:38,200 Speaker 9: conflict gonna last, So hopefully there's peace talks go somewhere. 136 00:06:38,640 --> 00:06:41,560 Speaker 9: A short shock is manageable, a prolonged unconshift policy, but 137 00:06:41,920 --> 00:06:44,920 Speaker 9: it was really important. She underlined that this is not 138 00:06:45,000 --> 00:06:47,520 Speaker 9: twenty twenty two. We aren't sort of flushed with post 139 00:06:47,520 --> 00:06:50,920 Speaker 9: COVID cash going out to spending on appliances and whatnot. 140 00:06:51,360 --> 00:06:56,440 Speaker 9: Demand was strong and supply was as well. It's very 141 00:06:56,480 --> 00:07:00,280 Speaker 9: different situation, so importantly each mic. She also does see 142 00:07:00,279 --> 00:07:03,720 Speaker 9: their ugly word stagflation, expects growth to pick up later 143 00:07:03,720 --> 00:07:05,960 Speaker 9: in the year. The conflict is short lived, and she said, 144 00:07:06,000 --> 00:07:07,400 Speaker 9: we do have some buffers, so we've got to domes 145 00:07:07,480 --> 00:07:10,920 Speaker 9: the electricity generation of course, and our fertilizer infantries are strong. 146 00:07:11,320 --> 00:07:14,360 Speaker 9: Agricultural sector is also strong as well, because obviously we 147 00:07:14,360 --> 00:07:17,840 Speaker 9: have got some concerns around all and petrol. She said, thanks. 148 00:07:17,880 --> 00:07:21,000 Speaker 9: Resilient households of course are coming under pressure as a businesses. 149 00:07:21,080 --> 00:07:23,080 Speaker 9: I'm going to hear more about this and Paul Comway, 150 00:07:23,080 --> 00:07:25,000 Speaker 9: the chief Economists, who's going to talk about the real 151 00:07:25,040 --> 00:07:27,560 Speaker 9: cost of living in New Zealand today. But yeah, markets, 152 00:07:27,560 --> 00:07:28,560 Speaker 9: they reflected the tension. 153 00:07:28,600 --> 00:07:30,240 Speaker 8: They rose ahead the speech. 154 00:07:30,520 --> 00:07:33,000 Speaker 9: And then they all sort of faded as our investors 155 00:07:33,000 --> 00:07:35,960 Speaker 9: focused on the risk of growth and the possibly rate hikes. 156 00:07:36,040 --> 00:07:38,920 Speaker 9: But yeah, interest rate markets might one thing that was noticeable. 157 00:07:38,960 --> 00:07:41,800 Speaker 9: They pushed out the timing of the first hike from 158 00:07:41,880 --> 00:07:45,120 Speaker 9: April to a fifty to fifty chance in May fully 159 00:07:45,160 --> 00:07:48,160 Speaker 9: priced for July. Still going to get around three hikes 160 00:07:48,240 --> 00:07:52,640 Speaker 9: this year at this stage and two potentially before the election, 161 00:07:52,840 --> 00:07:54,480 Speaker 9: So let's hope it doesn't come to that. 162 00:07:54,480 --> 00:07:56,320 Speaker 2: Right, pmis what do we know globally? 163 00:07:57,440 --> 00:07:59,320 Speaker 9: So we know that the war is having an impact, 164 00:07:59,400 --> 00:08:02,640 Speaker 9: So no, there quite different reads. Actually, see look at 165 00:08:02,640 --> 00:08:06,160 Speaker 9: the us PSIS activity that's eleven months low, fifty one 166 00:08:06,160 --> 00:08:08,080 Speaker 9: point four, down from fifty one point nine, so that 167 00:08:08,160 --> 00:08:11,640 Speaker 9: wasn't too bad. Prices are up that they are being 168 00:08:11,640 --> 00:08:13,800 Speaker 9: passed on to consumers if you look at energy products 169 00:08:14,040 --> 00:08:16,320 Speaker 9: and the like, at points to inflation getting back to 170 00:08:16,360 --> 00:08:20,800 Speaker 9: four percent. Sentiments to terrated employments are formed as the 171 00:08:20,840 --> 00:08:22,760 Speaker 9: lowest in the year in terms of growth there but 172 00:08:22,840 --> 00:08:26,720 Speaker 9: interestingly the manufacturing sector actually held up pretty well, so 173 00:08:26,800 --> 00:08:31,600 Speaker 9: tariff impacts remember those, they're actually softening and manufacturers are 174 00:08:31,680 --> 00:08:36,080 Speaker 9: stocking a head of prices rising and overall though it 175 00:08:36,120 --> 00:08:38,360 Speaker 9: points a GDP graph in the use of just one percent. 176 00:08:38,440 --> 00:08:42,720 Speaker 9: Europe slightly worse situation so activity ten months low pm 177 00:08:42,760 --> 00:08:46,280 Speaker 9: I fifty point five, so just above expansion. Concerns over 178 00:08:46,320 --> 00:08:49,360 Speaker 9: steve inflation, costs rising at the fastest than three years 179 00:08:49,360 --> 00:08:52,560 Speaker 9: and little wonder easy present Ursula wonder Lane is called 180 00:08:52,559 --> 00:08:55,280 Speaker 9: for negotiation for run due to the energy crisis, and 181 00:08:55,320 --> 00:09:00,679 Speaker 9: Simister in UK pm six months low costs right at 182 00:09:00,679 --> 00:09:04,160 Speaker 9: the fastest rate since the fall and sterling on Black 183 00:09:04,280 --> 00:09:06,880 Speaker 9: Wednesday in nineteen ninety two, so certainly having an impact there. 184 00:09:07,240 --> 00:09:11,240 Speaker 9: Australia also an impact private sector and contraction. PEMI actually 185 00:09:11,280 --> 00:09:14,280 Speaker 9: felt a forty seven from fifty two point four, so 186 00:09:15,000 --> 00:09:18,359 Speaker 9: lucky country. Not so lucky there ended a seventeen month expansion. 187 00:09:18,679 --> 00:09:21,719 Speaker 9: High cost services sector fell the first time in over 188 00:09:21,800 --> 00:09:25,160 Speaker 9: two years. Sentiment deteriortord as well. Japan held up a 189 00:09:25,200 --> 00:09:28,560 Speaker 9: bit better, softer inflation near a one year high, but 190 00:09:28,720 --> 00:09:31,840 Speaker 9: the private sector is still an expansion. So the overam 191 00:09:31,920 --> 00:09:34,040 Speaker 9: like the war was certainly having an impact. I expected that, 192 00:09:34,200 --> 00:09:36,760 Speaker 9: but they're some vary worse than others. 193 00:09:36,920 --> 00:09:38,560 Speaker 2: Right, and give us a quickie on this rip Curl. 194 00:09:38,559 --> 00:09:39,880 Speaker 2: That was a bit rough and ready, wasn't it. What 195 00:09:39,920 --> 00:09:40,520 Speaker 2: are they thinking? 196 00:09:40,800 --> 00:09:43,920 Speaker 9: Yeah, that's right, So they want to This is basically 197 00:09:43,960 --> 00:09:48,240 Speaker 9: the former Billibong executives wanting to break up Ripkel and 198 00:09:48,280 --> 00:09:50,760 Speaker 9: take that off KM the brands and merge it with 199 00:09:50,840 --> 00:09:54,160 Speaker 9: the Visitor and sister brands. So kmg D reject the proposal, 200 00:09:54,240 --> 00:09:56,240 Speaker 9: David kirk He says it's got no value. They want 201 00:09:56,240 --> 00:09:58,960 Speaker 9: to focus on their turnaround strategy. Deal seems a bit 202 00:09:59,000 --> 00:09:59,960 Speaker 9: lopsided Stokehore. 203 00:10:00,000 --> 00:10:01,840 Speaker 8: Thus the offers would. 204 00:10:01,640 --> 00:10:05,079 Speaker 9: Get twenty two percent of the company in strategic concerns 205 00:10:05,080 --> 00:10:08,240 Speaker 9: where they're pouring out. Historically that mergers of surf brands 206 00:10:08,360 --> 00:10:12,079 Speaker 9: hasn't gone so well. She has and Kamde actually rose 207 00:10:12,160 --> 00:10:15,160 Speaker 9: five percent, you say, but they are down ninety percent 208 00:10:15,400 --> 00:10:18,079 Speaker 9: since pre COVID. They've got half year results out today, 209 00:10:18,120 --> 00:10:18,600 Speaker 9: so we'll hear. 210 00:10:18,480 --> 00:10:18,920 Speaker 8: A bit more. 211 00:10:19,160 --> 00:10:21,559 Speaker 9: Rip Kill is the crown jewel. You can understand why 212 00:10:21,559 --> 00:10:22,680 Speaker 9: they want to hang on to it. They bought it 213 00:10:22,679 --> 00:10:24,880 Speaker 9: for three to fifty million in twenty nineteen. It's now 214 00:10:24,960 --> 00:10:28,520 Speaker 9: generating around five fifty million in sales. But as we know, Mike, 215 00:10:28,559 --> 00:10:31,160 Speaker 9: the surfware industry is notoriously fuckl If you look at 216 00:10:31,200 --> 00:10:34,360 Speaker 9: Billbong itself, it went from being where four billion in 217 00:10:34,360 --> 00:10:36,880 Speaker 9: two thousand and seven to being sold three years ago 218 00:10:36,920 --> 00:10:38,760 Speaker 9: for four in a million. Is now just part of 219 00:10:38,760 --> 00:10:41,079 Speaker 9: a global brand portfolio. So yeah, interesting times. 220 00:10:41,240 --> 00:10:44,079 Speaker 2: Four surfware numbers please, Hey. 221 00:10:43,920 --> 00:10:44,760 Speaker 8: We've got some good news. 222 00:10:44,840 --> 00:10:48,360 Speaker 9: The down is up fifty points four six two five 223 00:10:48,400 --> 00:10:50,400 Speaker 9: eight and the S and P five hundred is only 224 00:10:50,400 --> 00:10:53,440 Speaker 9: down to touch sixty five seven six. NAS Dick is 225 00:10:53,440 --> 00:10:56,280 Speaker 9: down half percent twenty one eight three four, so optimism 226 00:10:56,360 --> 00:10:58,840 Speaker 9: around these war talks. The fifty one hundred is up 227 00:10:58,840 --> 00:11:00,920 Speaker 9: point seven percent in the UK stocks fifty is that 228 00:11:01,000 --> 00:11:03,160 Speaker 9: point one percent. The nickel I was at one point 229 00:11:03,200 --> 00:11:05,800 Speaker 9: four percent in Japan, ASX two hundred was up point 230 00:11:05,800 --> 00:11:07,559 Speaker 9: one six percent. We break the tree and in the 231 00:11:07,720 --> 00:11:09,800 Speaker 9: X fifty was down one and a half percent twelve 232 00:11:09,840 --> 00:11:12,200 Speaker 9: seven oh one Brent oil. Everyone's looking at that mike 233 00:11:12,320 --> 00:11:14,600 Speaker 9: up four point three percent, one hundred and four bucks 234 00:11:14,600 --> 00:11:16,880 Speaker 9: a bell gold there hasn't been acting as a safe haven, 235 00:11:17,080 --> 00:11:19,079 Speaker 9: but did bounce a bit up overnight, up at eight 236 00:11:19,120 --> 00:11:22,720 Speaker 9: dollars four four one four announced currencies are key soft 237 00:11:22,760 --> 00:11:25,280 Speaker 9: across the board, down point eight percent against the US 238 00:11:25,320 --> 00:11:27,880 Speaker 9: fifty eight point one, eighty three point four nine against 239 00:11:27,920 --> 00:11:31,079 Speaker 9: Ozzie forty three point four against British pound, and against 240 00:11:31,080 --> 00:11:33,680 Speaker 9: the Japanese yen. We are ninety two point two. 241 00:11:33,720 --> 00:11:35,520 Speaker 2: Yeah, a good day, mate, appreciate it. Greg Smith, how 242 00:11:35,559 --> 00:11:39,120 Speaker 2: to generate wealth and the key we sabers specialists. Okay, 243 00:11:39,200 --> 00:11:40,640 Speaker 2: we've got some very good news on the oil in 244 00:11:40,679 --> 00:11:42,440 Speaker 2: just a couple of moments for your pro peddal. By 245 00:11:42,440 --> 00:11:45,520 Speaker 2: the way, everyone's into paddle fifteen million dollars. They've raised money, 246 00:11:45,559 --> 00:11:48,040 Speaker 2: a series A funding raised. This is in America, fifteen 247 00:11:48,040 --> 00:11:51,200 Speaker 2: million dollars. There are fifteen million American players alone by 248 00:11:51,240 --> 00:11:53,520 Speaker 2: twenty thirty. They think so the building out teams, building 249 00:11:53,520 --> 00:11:56,720 Speaker 2: out infrastructure, investors and operators, a betting peddle could become 250 00:11:56,720 --> 00:12:00,760 Speaker 2: a major new sports asset class so there's money to 251 00:12:00,800 --> 00:12:04,240 Speaker 2: be had in sport and paddle, particularly six twenty one 252 00:12:04,360 --> 00:12:06,800 Speaker 2: and your new stikser. 253 00:12:06,520 --> 00:12:12,400 Speaker 1: Bion the Mike Hosking Breakfast Full Show podcast on iHeartRadio 254 00:12:12,679 --> 00:12:13,959 Speaker 1: powered by News Talks at B. 255 00:12:14,960 --> 00:12:17,080 Speaker 2: Yeah, the good news on oil is the pipeline. Had 256 00:12:17,120 --> 00:12:19,800 Speaker 2: been telling you about the Saudi Arabian pipeline which gets 257 00:12:19,840 --> 00:12:21,880 Speaker 2: the oil out to the Red Sea. The cost of 258 00:12:21,960 --> 00:12:26,240 Speaker 2: freighters has plummeted in the last couple of days, has 259 00:12:26,240 --> 00:12:28,160 Speaker 2: gone from four hundred and fifty thousand a day down 260 00:12:28,200 --> 00:12:29,959 Speaker 2: to two hundred thousand a day. So they can get 261 00:12:29,960 --> 00:12:32,840 Speaker 2: millions of barrels of oil out through the pipeline onto 262 00:12:32,840 --> 00:12:35,800 Speaker 2: ships in the Red Sea, and they're doing it cheaper, 263 00:12:35,840 --> 00:12:39,439 Speaker 2: so there's some encouragement there. Mike, fifty bucks handouts. Brilliant politics, 264 00:12:39,480 --> 00:12:42,520 Speaker 2: but lousy economics. Mike, all the benefits are untargeted to 265 00:12:42,520 --> 00:12:44,960 Speaker 2: some extent, which is true. It's impossible to tailor to 266 00:12:45,000 --> 00:12:47,760 Speaker 2: individual circumstances. Well, that's my argument, and if you can't 267 00:12:47,800 --> 00:12:51,000 Speaker 2: tailor properly, don't tailor at all. Ev drivers still have 268 00:12:51,120 --> 00:12:53,760 Speaker 2: increased cost due to fuel increases, that's true, but that 269 00:12:53,880 --> 00:12:56,920 Speaker 2: wasn't what was announced yesterday. If she'd said, Look, everyone's 270 00:12:56,960 --> 00:12:59,000 Speaker 2: going to buy more expensive tomatoes, so you can all 271 00:12:59,000 --> 00:13:01,360 Speaker 2: have some money. Fine, but she didn't. What's all this 272 00:13:01,440 --> 00:13:02,960 Speaker 2: talk of hiking interest rates? 273 00:13:03,000 --> 00:13:03,200 Speaker 8: Mike? 274 00:13:03,240 --> 00:13:06,160 Speaker 2: Can't people see that this oil shock is going to 275 00:13:06,240 --> 00:13:09,359 Speaker 2: kill the economy. Yes, but you've got to remember this inflation. 276 00:13:10,000 --> 00:13:14,600 Speaker 2: The Reserve Bank's job is inflation, and inflation will rise 277 00:13:14,640 --> 00:13:18,280 Speaker 2: because of this and in that is the conundrum. Sex 278 00:13:18,360 --> 00:13:19,160 Speaker 2: twenty five. 279 00:13:19,320 --> 00:13:24,240 Speaker 1: Trending now with chemist Wells keeping Kiwi's healthy all year round. 280 00:13:24,440 --> 00:13:26,320 Speaker 2: I'm planning to flame at the stage. This new film, 281 00:13:26,320 --> 00:13:28,880 Speaker 2: The Three Earns, is that got the longest standing ovation 282 00:13:29,000 --> 00:13:31,719 Speaker 2: ever at the Dublin Film Festival. So we got a 283 00:13:31,760 --> 00:13:33,800 Speaker 2: road trip comedy about a man returning home to spread 284 00:13:33,840 --> 00:13:34,760 Speaker 2: the ashes of the missus. 285 00:13:34,840 --> 00:13:36,120 Speaker 10: Let us go down, you. 286 00:13:36,160 --> 00:13:39,200 Speaker 5: And I and visit the places that meant so much 287 00:13:39,280 --> 00:13:42,880 Speaker 5: to us, where we first met, where we first kissed, 288 00:13:43,679 --> 00:13:44,199 Speaker 5: and where. 289 00:13:44,040 --> 00:13:45,200 Speaker 1: We said we loved each other. 290 00:13:46,120 --> 00:13:49,320 Speaker 6: Often God's sake, they're stolen the bloody car. 291 00:13:49,920 --> 00:13:52,760 Speaker 1: I'm glad you have found us. I think we can 292 00:13:52,840 --> 00:13:57,719 Speaker 1: have what is this place? Sanctuary for bat it source. 293 00:14:00,600 --> 00:14:04,000 Speaker 2: To my flot's been clamped. 294 00:14:04,280 --> 00:14:12,120 Speaker 1: I need a horse. It's maybe you'll meet up there. 295 00:14:12,480 --> 00:14:13,920 Speaker 2: Maybe you'll all meet up there. 296 00:14:15,240 --> 00:14:17,080 Speaker 1: Stay with those who still have a pulse. 297 00:14:20,280 --> 00:14:24,520 Speaker 2: Karen Hoynes, Stephen Frye and Olga Kudrolinko. She's from Quantum 298 00:14:24,600 --> 00:14:27,480 Speaker 2: of Solace and she played Taskmasker and Black Widow if 299 00:14:27,480 --> 00:14:29,560 Speaker 2: that means anything to you. It's out in either it's 300 00:14:29,560 --> 00:14:32,320 Speaker 2: out in Ireland the seventeenth of April and the Cinder 301 00:14:32,440 --> 00:14:35,680 Speaker 2: and just Anamus. Rest of the world on maybe first, 302 00:14:35,840 --> 00:14:38,320 Speaker 2: by the way, they're voting as we speak in Denmark. 303 00:14:38,520 --> 00:14:42,880 Speaker 2: Fredrickson was in real trouble until Trump thought Greenland was 304 00:14:42,920 --> 00:14:44,880 Speaker 2: a thing and she stood up to him. Now she's 305 00:14:44,920 --> 00:14:48,560 Speaker 2: a bit of a hero and that singular standing up 306 00:14:48,560 --> 00:14:52,520 Speaker 2: to Trump may well have saved her. Bacon poles have 307 00:14:52,600 --> 00:14:54,800 Speaker 2: turned for her. It'll still be tight. They run a 308 00:14:55,000 --> 00:14:57,520 Speaker 2: sort of mixed member type system the same way we do. 309 00:14:58,720 --> 00:15:00,920 Speaker 2: And she should get back and if she does, she 310 00:15:00,960 --> 00:15:03,920 Speaker 2: will win a third term. That's unfolding in Denmark as 311 00:15:04,040 --> 00:15:06,320 Speaker 2: we speak now. I mentioned that they're a little bit 312 00:15:06,440 --> 00:15:08,840 Speaker 2: named Halter. If you're not following this story, well worth 313 00:15:08,840 --> 00:15:10,640 Speaker 2: it give you some details In just a couple of 314 00:15:10,640 --> 00:15:12,000 Speaker 2: moments after the news. 315 00:15:13,400 --> 00:15:17,360 Speaker 1: The newsmakers and the personalities, the big names talk to 316 00:15:17,520 --> 00:15:20,880 Speaker 1: Mike the Mic Hosking Breakfast with Ranger of a Sport 317 00:15:21,120 --> 00:15:24,640 Speaker 1: SV the Ultimate Performance SUV News talks Dead VS. 318 00:15:24,720 --> 00:15:27,200 Speaker 2: They may have a deal on the TSA business in 319 00:15:27,240 --> 00:15:29,600 Speaker 2: America are trouble as Trump's not going to sign it 320 00:15:29,640 --> 00:15:32,040 Speaker 2: off because the Saber American thing hasn't gone through. So 321 00:15:32,040 --> 00:15:34,040 Speaker 2: we'll get the update with Richard. Obviously the war for 322 00:15:34,120 --> 00:15:36,040 Speaker 2: you as well. Twenty three minutes away from seven now. 323 00:15:36,440 --> 00:15:38,440 Speaker 2: If you haven't latched onto this one yet, the Halters 324 00:15:38,440 --> 00:15:40,640 Speaker 2: story is worth following. It's a que text story. We've 325 00:15:40,680 --> 00:15:43,320 Speaker 2: told you about it before. They've created GPS enabled collars 326 00:15:43,320 --> 00:15:45,880 Speaker 2: for cattle right. Their market cap is now in excess 327 00:15:45,920 --> 00:15:48,320 Speaker 2: of three billion. They've just raised over three hundred and 328 00:15:48,320 --> 00:15:50,880 Speaker 2: seventy million. They're on an expansion path. Craig Piggot is 329 00:15:50,920 --> 00:15:53,320 Speaker 2: the CEO and founder of Halter and is with us. 330 00:15:53,320 --> 00:15:56,600 Speaker 2: Craig morning, Good morning mate. There's quite a bit of 331 00:15:56,600 --> 00:15:58,360 Speaker 2: buzz around you at the moment, the market cap and 332 00:15:58,400 --> 00:15:59,440 Speaker 2: the noise you're feeling that. 333 00:16:02,080 --> 00:16:05,800 Speaker 11: Yeah, I think in some ways yes, obviously where we're 334 00:16:05,800 --> 00:16:09,280 Speaker 11: spending a lot of time with customers and and so yeah, 335 00:16:09,320 --> 00:16:11,000 Speaker 11: we get a bit of feedback from from them. 336 00:16:11,200 --> 00:16:13,000 Speaker 2: How much money is out there if you want to 337 00:16:13,080 --> 00:16:13,320 Speaker 2: raise it. 338 00:16:15,040 --> 00:16:17,240 Speaker 8: Oh, a lot, that's for sure. 339 00:16:17,280 --> 00:16:17,560 Speaker 12: There is. 340 00:16:18,760 --> 00:16:21,320 Speaker 11: The capital markets are in a really good spot at 341 00:16:21,360 --> 00:16:25,160 Speaker 11: the moment if if you have you know, a good 342 00:16:25,200 --> 00:16:29,960 Speaker 11: product and generational ambition and uh and a healthy business. 343 00:16:31,000 --> 00:16:33,440 Speaker 8: So yeah, there is there's definitely a lot of capital 344 00:16:33,440 --> 00:16:33,760 Speaker 8: out there. 345 00:16:33,880 --> 00:16:36,320 Speaker 2: How much scrutiny are you wonder when you go to 346 00:16:36,400 --> 00:16:38,880 Speaker 2: raise money? This is an area that just fascinates me 347 00:16:39,200 --> 00:16:41,760 Speaker 2: in tech especially. I look at the money flying around 348 00:16:41,760 --> 00:16:44,480 Speaker 2: and I'm thinking, are you guys asking any questions? Do 349 00:16:44,560 --> 00:16:47,040 Speaker 2: they grie you on what you do, how you're doing 350 00:16:47,040 --> 00:16:49,000 Speaker 2: it and what sort of return they can expect or 351 00:16:49,040 --> 00:16:50,120 Speaker 2: is that money for jam? 352 00:16:51,360 --> 00:16:54,960 Speaker 8: Totally? No, that is it is extremely thorough. 353 00:16:55,040 --> 00:16:56,880 Speaker 11: You you spend a lot of time going through every 354 00:16:56,880 --> 00:17:00,360 Speaker 11: aspect of the business, from product to your customer base 355 00:17:00,520 --> 00:17:04,560 Speaker 11: to what's coming up, all your financials Now, lawyers spend 356 00:17:04,720 --> 00:17:06,119 Speaker 11: You spend a lot of money on lawyers in a 357 00:17:06,160 --> 00:17:10,120 Speaker 11: process like this, so they're definitely going very deep. 358 00:17:10,480 --> 00:17:12,880 Speaker 2: How are you juggling your market cap and your money 359 00:17:12,960 --> 00:17:15,920 Speaker 2: raise at the moment with your expansionary plans and balancing 360 00:17:15,960 --> 00:17:17,399 Speaker 2: that up so you don't go puff? 361 00:17:19,080 --> 00:17:24,479 Speaker 11: Yeah, I think we're always kind of analyzing what the 362 00:17:24,520 --> 00:17:27,520 Speaker 11: run amount of capital is for the business and how 363 00:17:27,560 --> 00:17:29,679 Speaker 11: we can invest that. And the reason we went out 364 00:17:29,720 --> 00:17:33,159 Speaker 11: to do this round is where like, we have just 365 00:17:33,160 --> 00:17:35,680 Speaker 11: seen so much demand from our current markets and we 366 00:17:36,080 --> 00:17:38,080 Speaker 11: really want to keep investing more into that and keep 367 00:17:38,119 --> 00:17:39,119 Speaker 11: pushing the product forward. 368 00:17:39,280 --> 00:17:41,359 Speaker 8: Obviously, technology is moving rapidly at the moment. 369 00:17:41,600 --> 00:17:43,399 Speaker 11: There's a lot more we can do on the product side, 370 00:17:44,119 --> 00:17:46,800 Speaker 11: and we're trying to fast track the global expansion of 371 00:17:46,840 --> 00:17:47,560 Speaker 11: the business as well. 372 00:17:47,600 --> 00:17:50,320 Speaker 2: And do excuse my ignorance when you talk about the technology, 373 00:17:50,520 --> 00:17:53,080 Speaker 2: is it AI at all in that sense? I mean, 374 00:17:53,160 --> 00:17:56,080 Speaker 2: is it exponential as to what it might be able 375 00:17:56,119 --> 00:17:57,000 Speaker 2: to do one day or not? 376 00:17:58,160 --> 00:17:59,520 Speaker 8: Yes? Correct, Yeah, there is. 377 00:18:00,080 --> 00:18:03,320 Speaker 11: AI is impacting I think every every part of this world, 378 00:18:03,400 --> 00:18:06,000 Speaker 11: and it is very much kind of core and a 379 00:18:06,000 --> 00:18:07,840 Speaker 11: big part of the of the whole to product as well. 380 00:18:08,160 --> 00:18:10,560 Speaker 2: And so over what time frame do you think this 381 00:18:10,600 --> 00:18:13,639 Speaker 2: will unfold and what will it do for cows and 382 00:18:13,680 --> 00:18:15,560 Speaker 2: farms and lack of fences, et cetera. 383 00:18:16,240 --> 00:18:21,240 Speaker 11: Eventually we already have machine learning and AI like kind 384 00:18:21,240 --> 00:18:24,000 Speaker 11: of throwout the whole to product and we'll keep keep 385 00:18:24,000 --> 00:18:26,280 Speaker 11: pushing new features and new products out to try and 386 00:18:26,359 --> 00:18:30,480 Speaker 11: solve more problems for our farmers, and I think that 387 00:18:30,480 --> 00:18:34,520 Speaker 11: that kind of cadence or speed is only increasing. And 388 00:18:34,600 --> 00:18:38,040 Speaker 11: so yeah, it's kind of hard to pick a specific 389 00:18:38,040 --> 00:18:40,200 Speaker 11: time frame because every week these you know, these new 390 00:18:40,200 --> 00:18:43,560 Speaker 11: advancements and new new announcements coming. So we're just trying 391 00:18:43,600 --> 00:18:46,040 Speaker 11: to bridge that gap between technology and farming and keep 392 00:18:46,080 --> 00:18:47,640 Speaker 11: bringing the latest tech to farmers. 393 00:18:47,760 --> 00:18:51,320 Speaker 2: You're going to sell, that is not the plan. 394 00:18:52,040 --> 00:18:52,959 Speaker 8: We have a lot of work to do. 395 00:18:53,000 --> 00:18:55,439 Speaker 11: We feel like we're you know, the more we do, 396 00:18:55,480 --> 00:18:58,320 Speaker 11: the more ambitious forget. So we've got got a lot 397 00:18:58,359 --> 00:19:00,679 Speaker 11: to do. Maybe one day we'll look at an IPO, 398 00:19:01,960 --> 00:19:03,920 Speaker 11: but yeah, at the moment, we've got a lot of 399 00:19:03,960 --> 00:19:04,359 Speaker 11: work to do. 400 00:19:04,720 --> 00:19:06,600 Speaker 2: Is it like everything you thought it would be? Are 401 00:19:06,640 --> 00:19:08,240 Speaker 2: you living the dream? 402 00:19:09,160 --> 00:19:13,040 Speaker 11: It is extremely hard, it's brutal at times, but it 403 00:19:13,119 --> 00:19:16,080 Speaker 11: is also very fun. And I think getting to build 404 00:19:16,080 --> 00:19:19,080 Speaker 11: a product for farmers it has been like such a 405 00:19:19,119 --> 00:19:21,080 Speaker 11: privilege and it's a grown up on a farm and 406 00:19:21,119 --> 00:19:24,359 Speaker 11: kind of initially in some ways building this for my parents, 407 00:19:24,400 --> 00:19:27,600 Speaker 11: and then it's now become far bigger than I could 408 00:19:27,640 --> 00:19:28,600 Speaker 11: have really ever matched. 409 00:19:28,720 --> 00:19:30,520 Speaker 8: So that's a credit. 410 00:19:30,520 --> 00:19:33,520 Speaker 11: So I guess our customers and the halted team and 411 00:19:33,560 --> 00:19:34,840 Speaker 11: everyone that's been part of the journey. 412 00:19:34,960 --> 00:19:36,840 Speaker 2: Super exciting and go, well, well it appreciate your time. 413 00:19:36,840 --> 00:19:38,359 Speaker 2: We'll get you back on again to in Craig Pikeet 414 00:19:38,400 --> 00:19:41,080 Speaker 2: who's the CEO and founder of Halters, speaking of which 415 00:19:41,880 --> 00:19:45,760 Speaker 2: related anthropic this morning is trialing a feature that lets 416 00:19:45,800 --> 00:19:49,880 Speaker 2: you send prompts to Claude from your smartphone and then 417 00:19:49,920 --> 00:19:53,520 Speaker 2: Claude will complete that task on its own on your computer. 418 00:19:54,720 --> 00:19:57,400 Speaker 2: So it'll open the apps on your computer, it'll navigate 419 00:19:57,400 --> 00:20:00,280 Speaker 2: a web browser, it'll fill in spreadsheets after you tell 420 00:20:00,320 --> 00:20:02,320 Speaker 2: it to do that. And that's where we're heading. Nineteen 421 00:20:02,320 --> 00:20:03,680 Speaker 2: to two The. 422 00:20:03,800 --> 00:20:09,959 Speaker 1: Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by newstalksp. 423 00:20:10,840 --> 00:20:12,720 Speaker 2: Tell you what I bet you think a bit about Kiwisaber. 424 00:20:12,760 --> 00:20:14,560 Speaker 2: At the moment, a government super what are they going 425 00:20:14,600 --> 00:20:16,960 Speaker 2: to do to raise the retirement age is at affordable? 426 00:20:17,280 --> 00:20:19,000 Speaker 2: You know, what's it going to look like when you 427 00:20:19,040 --> 00:20:22,359 Speaker 2: finally retire? Anyway, decisions those ones are out of your hands. 428 00:20:22,400 --> 00:20:25,160 Speaker 2: But if there's one thing that's important to understand about Kiwisaber, 429 00:20:25,200 --> 00:20:28,199 Speaker 2: it's this long term thinking gives you control. So this 430 00:20:28,240 --> 00:20:31,080 Speaker 2: is where Milford comes in their team of active investment managers. 431 00:20:31,080 --> 00:20:33,960 Speaker 2: They're focused on that long term outcome, identifying the opportunities, 432 00:20:33,960 --> 00:20:37,200 Speaker 2: managing that risk, staying discipline. And you listen to all 433 00:20:37,200 --> 00:20:40,160 Speaker 2: of this on morning Star. This is Milford's Kisaber Funds. 434 00:20:40,200 --> 00:20:42,520 Speaker 2: They're number one for performance for the past ten years 435 00:20:42,720 --> 00:20:45,879 Speaker 2: and number one in active growth, balanced and conservative categories. 436 00:20:45,920 --> 00:20:48,640 Speaker 2: The details at Morningstar dot com dot au. If you're 437 00:20:48,680 --> 00:20:50,960 Speaker 2: serious about your future, you set basically a smart plan, 438 00:20:51,000 --> 00:20:52,840 Speaker 2: you stick to it, You let the experts help guide you. 439 00:20:53,040 --> 00:20:56,439 Speaker 2: All the details at Milford Asset dot com. Forward slash 440 00:20:56,560 --> 00:20:59,560 Speaker 2: Keewisaber past performance of course not a reliable indicator of 441 00:20:59,600 --> 00:21:02,359 Speaker 2: future woman. It's Milford Funds Limited is the issuer or 442 00:21:02,359 --> 00:21:04,440 Speaker 2: the Milford Key Wesaber Plan. So that's at Milford Asset 443 00:21:04,480 --> 00:21:07,199 Speaker 2: dot com. So read the Milford Key Wesaber Planned Product 444 00:21:07,200 --> 00:21:11,760 Speaker 2: disclosure statement and Milford's Financial Advice Provider disclosure statement as well, 445 00:21:12,440 --> 00:21:15,040 Speaker 2: asking like, correct me if I'm wrong, and I could 446 00:21:15,080 --> 00:21:17,479 Speaker 2: well be, But don't the government get collect more taxes 447 00:21:17,480 --> 00:21:19,879 Speaker 2: on fuel with these price increases? You've been to the 448 00:21:19,880 --> 00:21:23,760 Speaker 2: Cruscipican School of Economics, so it's set at about seventy 449 00:21:23,760 --> 00:21:25,720 Speaker 2: cents and it's seventy cents no matter what the price 450 00:21:25,720 --> 00:21:28,120 Speaker 2: of petrol is. So no, And of course the other thing. 451 00:21:28,160 --> 00:21:31,080 Speaker 2: As the price goes up, demand goes down, so it's 452 00:21:31,240 --> 00:21:34,800 Speaker 2: entirely possible they'll be earning less money. And how I 453 00:21:34,840 --> 00:21:36,840 Speaker 2: can forgive you because it's a fair question. That's what 454 00:21:36,880 --> 00:21:39,280 Speaker 2: we're here for. How he gets to claim to be 455 00:21:39,320 --> 00:21:41,000 Speaker 2: the leader of the opposition and wants to run the 456 00:21:41,000 --> 00:21:45,159 Speaker 2: country on that sort of logic. Spare me fourteen to 457 00:21:45,160 --> 00:21:49,600 Speaker 2: two international correspondence with ends and eye insurance, peace of 458 00:21:49,640 --> 00:21:53,280 Speaker 2: mind for New Zealand business, Richard, How are you good? 459 00:21:53,520 --> 00:21:53,760 Speaker 13: All right? 460 00:21:53,840 --> 00:21:57,000 Speaker 2: So Pakistan JD closes the deal, the eye tooler runs 461 00:21:57,000 --> 00:21:58,040 Speaker 2: the straight We're done. 462 00:21:58,680 --> 00:22:00,400 Speaker 10: Yeah it sounds easy, doesn't it, But but in fact 463 00:22:00,440 --> 00:22:02,679 Speaker 10: we're really still on the edge. Is a peace talks 464 00:22:03,000 --> 00:22:05,359 Speaker 10: in a way you describe or a military escalation? Trump 465 00:22:05,400 --> 00:22:07,960 Speaker 10: is claiming moves on both counts. He says there have 466 00:22:08,040 --> 00:22:10,360 Speaker 10: been talks with an unnamed Iranian who end the war 467 00:22:10,400 --> 00:22:13,920 Speaker 10: and maybe put Trump himself as the gatekeeper over oil 468 00:22:14,000 --> 00:22:16,640 Speaker 10: supplies through the Strait of Hormuz. 469 00:22:16,359 --> 00:22:23,360 Speaker 1: Be jointly controlled. Maybe me, maybe me, me and. 470 00:22:23,359 --> 00:22:25,600 Speaker 14: The Ayatola, whoever the Aitola. 471 00:22:25,359 --> 00:22:28,840 Speaker 10: Is, so Trump and the Iatola buddies, who would rule 472 00:22:28,920 --> 00:22:31,119 Speaker 10: over much of the world's oil supply. How likely is that? 473 00:22:31,160 --> 00:22:33,280 Speaker 10: It appears that Trump's son in law, Jarrett Man his 474 00:22:33,359 --> 00:22:35,840 Speaker 10: old real estate mate Steve Whitkoff, have been in touch 475 00:22:35,880 --> 00:22:39,960 Speaker 10: with the speaker of the Iranian parliament, Mohammed Galibov. Pakistan, Egypt, 476 00:22:40,000 --> 00:22:42,919 Speaker 10: and Turkey also are offering to serve as intermediaries in 477 00:22:43,000 --> 00:22:46,960 Speaker 10: any talks. Pakistan's army chief ah Simunir had a call 478 00:22:47,040 --> 00:22:50,560 Speaker 10: with Trump Islamabada's offering to host any peace talks, perhaps 479 00:22:50,600 --> 00:22:52,919 Speaker 10: as early as this week, with Witkoff involved, but no 480 00:22:53,000 --> 00:22:57,040 Speaker 10: confirmation that anyone from Iran would attend this thing. It's 481 00:22:57,080 --> 00:22:59,600 Speaker 10: being suggested that j D Evans would leave the US 482 00:22:59,680 --> 00:23:01,880 Speaker 10: side in any talks if they were to happen. Most 483 00:23:01,880 --> 00:23:05,840 Speaker 10: say that all this would involve huge challenges. Meantime, more 484 00:23:05,960 --> 00:23:07,960 Speaker 10: US troops as we know are on the way. Forty 485 00:23:08,000 --> 00:23:10,639 Speaker 10: five hundred sailors and marines are headed to the region, 486 00:23:10,680 --> 00:23:12,520 Speaker 10: and The New York Times says reporting that Trump is 487 00:23:12,560 --> 00:23:15,840 Speaker 10: considering calling up the eighty second Airborne as well. That 488 00:23:15,960 --> 00:23:19,000 Speaker 10: is a brigade of around three thousand paratroopers able to 489 00:23:19,040 --> 00:23:23,000 Speaker 10: deploy anywhere within eighteen hours if they landed on carg Island. 490 00:23:23,080 --> 00:23:25,280 Speaker 10: Marines would be required as well to fix the airfields 491 00:23:25,320 --> 00:23:28,040 Speaker 10: before any heavily armored vehicles could be brought in. So 492 00:23:28,280 --> 00:23:31,280 Speaker 10: a lot of ideas being tossed around. 493 00:23:31,040 --> 00:23:33,440 Speaker 2: How we're going at the airport. We got a deal, ah, 494 00:23:34,080 --> 00:23:34,520 Speaker 2: not yet. 495 00:23:34,640 --> 00:23:37,119 Speaker 10: Our top Republican leaders are begging Trump to sign on 496 00:23:37,200 --> 00:23:39,640 Speaker 10: to an agreement to end the partial government shutdown that's 497 00:23:39,680 --> 00:23:42,480 Speaker 10: causing this absolute chaos of the airport's here. The delays 498 00:23:42,840 --> 00:23:45,359 Speaker 10: in getting through airport security are running up to five 499 00:23:45,400 --> 00:23:46,680 Speaker 10: hours in some places. 500 00:23:46,760 --> 00:23:48,000 Speaker 1: It is crazy. 501 00:23:48,359 --> 00:23:50,920 Speaker 10: Trump ordered ICE agents to go to some fourteen major 502 00:23:50,960 --> 00:23:52,720 Speaker 10: airports to help us, we said the other day, but 503 00:23:52,720 --> 00:23:55,679 Speaker 10: they seem to be doing basically nothing. They can't use 504 00:23:55,720 --> 00:23:57,600 Speaker 10: the X ray machines and are trained for the job. 505 00:23:57,680 --> 00:24:00,800 Speaker 10: They're wandering around the airport's kind of looking blank without 506 00:24:00,840 --> 00:24:03,000 Speaker 10: their masks on. A lot of tourists are taking photos 507 00:24:03,040 --> 00:24:05,320 Speaker 10: of their faces and posting them on social media as 508 00:24:05,320 --> 00:24:07,959 Speaker 10: the ICE agents run away from the cameras. It is 509 00:24:08,560 --> 00:24:12,320 Speaker 10: bizarre and very, very frustrating for travelers. He's a sampling 510 00:24:12,359 --> 00:24:14,960 Speaker 10: of some of the media coverage here. 511 00:24:14,400 --> 00:24:17,399 Speaker 2: Is alert chaos erupting at America's airports. This line in 512 00:24:17,440 --> 00:24:21,119 Speaker 2: Atlanta showing people lined up around midnight for flights leaving 513 00:24:21,200 --> 00:24:21,760 Speaker 2: this morning. 514 00:24:21,920 --> 00:24:23,840 Speaker 1: I've been here almost two hours. 515 00:24:23,560 --> 00:24:25,680 Speaker 13: Three and a half hours to be that we might 516 00:24:25,720 --> 00:24:26,199 Speaker 13: not make it. 517 00:24:26,400 --> 00:24:27,560 Speaker 1: My flight is boarding right now. 518 00:24:28,160 --> 00:24:30,240 Speaker 10: Oh yeah, that's what the kids says. 519 00:24:30,359 --> 00:24:30,720 Speaker 15: Oh no. 520 00:24:31,040 --> 00:24:33,800 Speaker 10: While the politician's appeared to be close to a deal 521 00:24:33,840 --> 00:24:36,840 Speaker 10: on paying the transit workers who've been without that pay 522 00:24:37,000 --> 00:24:39,600 Speaker 10: for thirty nine days now, but Trump has been standing 523 00:24:39,600 --> 00:24:41,120 Speaker 10: in the way of any settlement. 524 00:24:41,240 --> 00:24:44,920 Speaker 14: Don't make any deal on anything unless you include voter 525 00:24:45,080 --> 00:24:48,440 Speaker 14: ID and you have to be a citizen to vote. 526 00:24:48,600 --> 00:24:50,600 Speaker 10: Yeah, this is where it gets even crazier. A group 527 00:24:50,640 --> 00:24:53,760 Speaker 10: of Republicans met with Trump last night, saying it is 528 00:24:53,800 --> 00:24:56,119 Speaker 10: a Republican party that's going to be slammed over all 529 00:24:56,160 --> 00:24:58,160 Speaker 10: of this. As Senator John Kennedy. 530 00:24:57,880 --> 00:25:03,280 Speaker 16: Doctor last night, as the President has reconsidered and maybe 531 00:25:04,080 --> 00:25:04,720 Speaker 16: on board. 532 00:25:05,040 --> 00:25:07,320 Speaker 10: So the reason Trump is holding our political sword over 533 00:25:07,359 --> 00:25:09,800 Speaker 10: their heads is because he wants a new law that 534 00:25:09,920 --> 00:25:12,840 Speaker 10: could remove from the voter lists millions, maybe tens of 535 00:25:12,840 --> 00:25:15,439 Speaker 10: millions of people. It's the Save Act, which would require 536 00:25:15,480 --> 00:25:19,040 Speaker 10: Americans to provide documentary proof of citizenship to register to vote, 537 00:25:19,080 --> 00:25:21,399 Speaker 10: and then a photo idea at the time of voting. 538 00:25:21,400 --> 00:25:24,480 Speaker 10: Trump claims that could lock in a majority for Republicans 539 00:25:24,480 --> 00:25:28,560 Speaker 10: for years to come by eliminating poor people, mostly Democrats, 540 00:25:28,600 --> 00:25:30,440 Speaker 10: from the roles. He doesn't have the votes in the 541 00:25:30,480 --> 00:25:33,080 Speaker 10: Congress for that. The fact is many eligible voters do 542 00:25:33,200 --> 00:25:36,000 Speaker 10: not have documentary proof of citizenship. Do you have your 543 00:25:36,200 --> 00:25:39,800 Speaker 10: original birth certificate? Do you have an unexpired passport with 544 00:25:39,920 --> 00:25:41,920 Speaker 10: your current name? Not you have made a name if 545 00:25:41,960 --> 00:25:45,199 Speaker 10: you're female. Fifty two percent of registered voters do not 546 00:25:45,320 --> 00:25:48,520 Speaker 10: have These applications also would have to be made in person. 547 00:25:48,600 --> 00:25:51,159 Speaker 10: So in Alaska, say more than eighty percent of communities 548 00:25:51,160 --> 00:25:53,520 Speaker 10: are not connected by roads, they would have to fly 549 00:25:53,680 --> 00:25:57,199 Speaker 10: to one of count six only officers to register. So 550 00:25:57,359 --> 00:25:59,639 Speaker 10: a one day trip to the local office to register 551 00:25:59,720 --> 00:26:02,719 Speaker 10: could cost those Alaskans around nineteen hundred dollars in New 552 00:26:02,800 --> 00:26:05,600 Speaker 10: Zealand per person just to register to vote. 553 00:26:06,000 --> 00:26:08,119 Speaker 2: He's going to do that, good only mate, catch up soon, 554 00:26:08,240 --> 00:26:10,240 Speaker 2: Richard Donald state. So it does give you an insight. 555 00:26:10,800 --> 00:26:13,280 Speaker 2: Birth certificate is a problem, obviously, but it does give 556 00:26:13,320 --> 00:26:16,480 Speaker 2: you an insight into that. It's often cited as urban myth, 557 00:26:16,560 --> 00:26:18,760 Speaker 2: one of the great urban myths around the American passport 558 00:26:18,840 --> 00:26:21,080 Speaker 2: business was only six or seven percent of Americans have 559 00:26:21,200 --> 00:26:23,800 Speaker 2: passports because none of them travel. They will travel domestically, 560 00:26:23,800 --> 00:26:27,360 Speaker 2: which isn't true. But nevertheless, fifty two percent of people 561 00:26:27,480 --> 00:26:29,160 Speaker 2: claiming they don't have a passport tells you they don't 562 00:26:29,160 --> 00:26:30,960 Speaker 2: get around the world very much. Pull out this morning. 563 00:26:31,000 --> 00:26:34,760 Speaker 2: By the way, JD. Vance is still the clear preference 564 00:26:35,000 --> 00:26:38,480 Speaker 2: over Rubio for VP and twenty eight or VP going 565 00:26:38,480 --> 00:26:42,240 Speaker 2: to president in twenty eight. He's up. Rubio's up three 566 00:26:42,280 --> 00:26:46,159 Speaker 2: to seventeen. Vance is down three, but he doesn't need 567 00:26:46,200 --> 00:26:48,960 Speaker 2: to worry. He's at fifty. The only other player in 568 00:26:49,000 --> 00:26:52,640 Speaker 2: there is decentis who's sitting on nine. In a hypothetical 569 00:26:52,680 --> 00:26:55,359 Speaker 2: head to head, Vance would beat Rubio sixty two to 570 00:26:55,400 --> 00:26:57,000 Speaker 2: twenty seven, nine to seven. 571 00:26:57,880 --> 00:27:01,560 Speaker 1: The make Hosking breakfast with Estate News talks. 572 00:27:01,560 --> 00:27:04,399 Speaker 2: There'd be British poll out also from you Gov. Labour's 573 00:27:04,480 --> 00:27:06,119 Speaker 2: up a couple of points to nineteen. They think it's 574 00:27:06,119 --> 00:27:09,159 Speaker 2: a Trump bump, so by sort of standing aloof from Trump, 575 00:27:09,280 --> 00:27:12,080 Speaker 2: Star has gained Farage is down a couple to twenty three, 576 00:27:12,119 --> 00:27:14,840 Speaker 2: the Greens on eighteen, the Tories on seventeen. I don't 577 00:27:14,840 --> 00:27:16,000 Speaker 2: know if that's real or not. I don't know if 578 00:27:16,040 --> 00:27:18,359 Speaker 2: I believe poles at all anymore. Mike, you're incorrect. All 579 00:27:18,400 --> 00:27:21,439 Speaker 2: you people doing the GST think, come on, help me 580 00:27:21,480 --> 00:27:24,280 Speaker 2: out here. So you go. But there's more money in GST, 581 00:27:24,440 --> 00:27:26,960 Speaker 2: Yes there is. So you've got one hundred bucks to spend, 582 00:27:27,400 --> 00:27:30,480 Speaker 2: and suddenly you're spending more on petrol. So yes, the 583 00:27:30,520 --> 00:27:33,440 Speaker 2: GST take goes up on petrol, but you're spending less elsewhere. 584 00:27:33,520 --> 00:27:35,840 Speaker 2: Work it through, and that's before you get to the 585 00:27:35,920 --> 00:27:38,200 Speaker 2: drop and demand on petrol. Not everyone's doing the same 586 00:27:38,240 --> 00:27:40,960 Speaker 2: on petrol. People are saving money on petrol, therefore they're 587 00:27:40,960 --> 00:27:43,920 Speaker 2: spending less. Therefore the GSC. This all came out yesterday, 588 00:27:44,080 --> 00:27:50,399 Speaker 2: was explained bloody hell five minutes away from seven the 589 00:27:50,480 --> 00:27:51,560 Speaker 2: in and the Ouse. 590 00:27:51,920 --> 00:27:56,040 Speaker 1: It's the fears with business favor. Take your business productivity 591 00:27:56,119 --> 00:27:57,080 Speaker 1: to the next level. 592 00:27:57,160 --> 00:28:00,680 Speaker 2: You can't all be labor voters and thick. Now, cranes, 593 00:28:00,680 --> 00:28:03,080 Speaker 2: what can I tell you? Twenty fifth edition of the 594 00:28:03,280 --> 00:28:06,240 Speaker 2: RLB Clean Index. Now the number of long term cranes, 595 00:28:06,240 --> 00:28:09,119 Speaker 2: what do we got? We had one hundred and sixteen 596 00:28:09,160 --> 00:28:11,360 Speaker 2: and Q three we're down to one hundred and two. 597 00:28:11,520 --> 00:28:13,720 Speaker 2: Not good. This is what they call the sharp decline 598 00:28:13,720 --> 00:28:17,600 Speaker 2: shows the sectors under significant pressure lowest level since twenty sixteen. 599 00:28:17,640 --> 00:28:20,040 Speaker 2: So Auklands where the action at we Aukland's got fifty 600 00:28:20,080 --> 00:28:23,399 Speaker 2: eight long termers, fourteen in Tower On eleven and Queenstown. 601 00:28:23,640 --> 00:28:26,920 Speaker 2: Here's a really interesting thing. Far more interesting than Auckland's 602 00:28:26,920 --> 00:28:30,960 Speaker 2: fifty eight is the fourteen in Queenstown, yet the four 603 00:28:31,000 --> 00:28:36,400 Speaker 2: in Wellington, capital of the country, four Hamilton, four Queenstown eleven, 604 00:28:36,800 --> 00:28:39,680 Speaker 2: towerong At eight three in Dunedin now part of it 605 00:28:39,760 --> 00:28:42,600 Speaker 2: is the major project coming to a completion christ Church Stadium. 606 00:28:42,600 --> 00:28:47,440 Speaker 2: Fifteen cranes were involved in christ Church Stadium. Residential cranes 607 00:28:47,440 --> 00:28:49,720 Speaker 2: are down, that'll be apartment builds, things like that. At 608 00:28:49,720 --> 00:28:51,920 Speaker 2: one point we have seventy six residential cranes in Q 609 00:28:52,000 --> 00:28:54,040 Speaker 2: three of twenty twenty two, but we currently only have 610 00:28:54,080 --> 00:28:57,440 Speaker 2: twenty nine. Total volume of building work done last year 611 00:28:57,480 --> 00:28:59,840 Speaker 2: dropped eight and a half percent, so this is all retrospectives. 612 00:29:00,000 --> 00:29:03,440 Speaker 2: I don't freak out about this. They do conclude there 613 00:29:03,480 --> 00:29:05,400 Speaker 2: are emerging science and this is what you know your 614 00:29:05,440 --> 00:29:09,200 Speaker 2: manufacturing sector. Yeah, it reads on the economy. Are saying 615 00:29:09,240 --> 00:29:12,960 Speaker 2: the construction sector is emerging, it's growing, so we'll see 616 00:29:12,960 --> 00:29:14,920 Speaker 2: these numbers come back up. So the market say it's 617 00:29:14,960 --> 00:29:17,920 Speaker 2: all bottoming out. New dwelling consens are up nine point 618 00:29:17,960 --> 00:29:20,360 Speaker 2: three percent in the year to January. So slowly but 619 00:29:20,480 --> 00:29:23,600 Speaker 2: surely things will come right. Nobody wants things to come 620 00:29:23,680 --> 00:29:26,920 Speaker 2: right more than well me, obviously, but Nicola willis because 621 00:29:26,920 --> 00:29:29,960 Speaker 2: she's got an election this thing. I don't know how 622 00:29:29,960 --> 00:29:32,520 Speaker 2: hard do I want to go on her? So she 623 00:29:32,600 --> 00:29:35,360 Speaker 2: pulls it out of the operating balance, good honor. So 624 00:29:35,400 --> 00:29:38,240 Speaker 2: there's no new borrowing, but all money's borrowed because we're 625 00:29:38,240 --> 00:29:40,880 Speaker 2: still not running a surplus. So that's point number one. 626 00:29:41,040 --> 00:29:42,640 Speaker 2: Point number two is it's not as I said at 627 00:29:42,640 --> 00:29:44,480 Speaker 2: the start of the show, it's not really targeted. It's 628 00:29:44,520 --> 00:29:48,840 Speaker 2: targeted on ninety one being three dollars a liter four 629 00:29:48,880 --> 00:29:50,760 Speaker 2: weeks in a row. So what about the people are 630 00:29:50,760 --> 00:29:53,400 Speaker 2: actually spending on diesel at the moment making the economy run? 631 00:29:53,400 --> 00:29:55,600 Speaker 2: They get nothing? What about the people who do get 632 00:29:55,680 --> 00:29:57,600 Speaker 2: the money but have an EV and they didn't need 633 00:29:57,640 --> 00:29:59,120 Speaker 2: it in the first place. What about the people who 634 00:29:59,160 --> 00:30:00,920 Speaker 2: walk and don't drive. I mean, they get money for 635 00:30:00,960 --> 00:30:02,800 Speaker 2: what I mean? What is I mean, what's the point 636 00:30:02,800 --> 00:30:03,320 Speaker 2: of all of this? 637 00:30:03,400 --> 00:30:03,480 Speaker 17: Is? 638 00:30:03,520 --> 00:30:05,720 Speaker 2: This is this kind of a look. It looks like 639 00:30:05,760 --> 00:30:09,800 Speaker 2: we're doing something. Some of these questions, I'll ask you shortly. 640 00:30:10,720 --> 00:30:14,440 Speaker 1: Credible convelling the breakfast show you can't best. It's the 641 00:30:14,560 --> 00:30:19,520 Speaker 1: Mic Hosking Breakfast with Bailey's Real Estate altogether better across residential, 642 00:30:19,560 --> 00:30:22,000 Speaker 1: commercial and rural news. Togs Head be Bo. 643 00:30:22,080 --> 00:30:25,160 Speaker 2: Seven past seven to the unenviable position the government finds 644 00:30:25,200 --> 00:30:27,400 Speaker 2: itself in with epic fury putting petrol through the roof 645 00:30:27,400 --> 00:30:30,800 Speaker 2: and potentially seeing an economy hammered through inflation or Witcock 646 00:30:30,800 --> 00:30:32,240 Speaker 2: could cut a deal and it's all sort of by 647 00:30:32,280 --> 00:30:34,719 Speaker 2: next week. Anyway. One hundred and forty three thousand families 648 00:30:34,760 --> 00:30:36,840 Speaker 2: get fifty dollars the bill. Three hundred and seventy three 649 00:30:36,840 --> 00:30:39,120 Speaker 2: million comes from the operating budget, which means at least 650 00:30:39,160 --> 00:30:42,160 Speaker 2: we don't borrow yet more money. Nikola Willis, Finance Minister, 651 00:30:42,280 --> 00:30:42,600 Speaker 2: is with us. 652 00:30:42,640 --> 00:30:46,680 Speaker 13: Good morning, Good morning, Mike. Excuse my slightly quirky voice. 653 00:30:46,760 --> 00:30:48,640 Speaker 2: No worries. You've been out partying again. You've got to 654 00:30:48,640 --> 00:30:49,880 Speaker 2: tone it down in difficult times. 655 00:30:51,400 --> 00:30:53,440 Speaker 13: No, it's just a frog in the throat, rock in 656 00:30:53,480 --> 00:30:58,040 Speaker 13: a hard place. Yeah, we are, because the country used 657 00:30:58,080 --> 00:31:01,920 Speaker 13: its rainy day fund and then during COVID wrapped up 658 00:31:01,920 --> 00:31:04,320 Speaker 13: the debt, and we're not in a position as a 659 00:31:04,360 --> 00:31:07,360 Speaker 13: country to go on another splurge. So what that means 660 00:31:07,400 --> 00:31:09,560 Speaker 13: is we need to be very responsible about the way 661 00:31:09,600 --> 00:31:12,600 Speaker 13: we support New Zealanders through this crisis. We need to 662 00:31:12,640 --> 00:31:15,600 Speaker 13: first not add heaps more pressure to inflation through a 663 00:31:15,600 --> 00:31:19,560 Speaker 13: big spender. Second, actually preserve our position for the future 664 00:31:19,600 --> 00:31:22,080 Speaker 13: by not racking up excess step and all of the 665 00:31:22,160 --> 00:31:24,880 Speaker 13: advice is, if you're going to do this sensibly, make 666 00:31:24,920 --> 00:31:28,959 Speaker 13: sure any support is temporary, it's highly targeted, and it 667 00:31:29,000 --> 00:31:32,360 Speaker 13: is timely. So the announcement that we made yesterday meets 668 00:31:32,400 --> 00:31:33,160 Speaker 13: those tests. 669 00:31:33,440 --> 00:31:35,479 Speaker 2: Do you worry you might have pulled the trigger too 670 00:31:35,560 --> 00:31:38,000 Speaker 2: early if a deal struck within the next week, Have 671 00:31:38,080 --> 00:31:40,240 Speaker 2: you gone too soon and wasted money in time? 672 00:31:41,120 --> 00:31:44,360 Speaker 13: No, because we've given ourselves a clear exit ramp. If 673 00:31:44,440 --> 00:31:47,200 Speaker 13: the price of ninety one goes under three dollars for 674 00:31:47,320 --> 00:31:50,000 Speaker 13: four weeks or more, we've said at that point we 675 00:31:50,040 --> 00:31:54,240 Speaker 13: would stop this additional support. So it's whichever comes sooner 676 00:31:54,400 --> 00:31:58,320 Speaker 13: that or one year being the maximum time for the payment. 677 00:31:58,440 --> 00:32:00,560 Speaker 13: So we've given ourselves a clear exit ramp. And we're 678 00:32:00,560 --> 00:32:03,880 Speaker 13: conscious that for those low to middle income families that 679 00:32:03,920 --> 00:32:08,040 Speaker 13: we're targeting their petrol bills have already gone up thirty 680 00:32:08,120 --> 00:32:11,040 Speaker 13: or forty dollars more each time they fill up the tank. 681 00:32:13,000 --> 00:32:16,720 Speaker 2: You don't actually know that the so called families you're targeting, 682 00:32:17,200 --> 00:32:19,600 Speaker 2: you don't know what they drive. If the family is 683 00:32:19,680 --> 00:32:21,719 Speaker 2: driving an ev their petrol bill hasn't gone up at all. 684 00:32:21,760 --> 00:32:23,760 Speaker 2: If that family walks, it hasn't gone up at all. 685 00:32:23,800 --> 00:32:25,960 Speaker 2: The person driving the economy is running the diesel, and 686 00:32:26,000 --> 00:32:26,880 Speaker 2: you gave them nothing. 687 00:32:28,120 --> 00:32:31,280 Speaker 13: Well, you are right that those family circumstances will vary. 688 00:32:31,320 --> 00:32:35,080 Speaker 13: But regardless of their circumstances, they will be facing increasing costs, 689 00:32:35,160 --> 00:32:37,840 Speaker 13: and many of them will be car users, and many 690 00:32:37,880 --> 00:32:40,680 Speaker 13: of them will experience other price pressures. In terms of 691 00:32:40,720 --> 00:32:44,400 Speaker 13: diesel users, yes, we are very conscious that diesel prices 692 00:32:44,400 --> 00:32:48,640 Speaker 13: have gone up massively. They're a huge input for our agricultural, manufacturing, 693 00:32:48,640 --> 00:32:52,000 Speaker 13: industrial industries. The challenge we have there, Mike, is our 694 00:32:52,120 --> 00:32:54,520 Speaker 13: number one goal is to make sure those industries have 695 00:32:54,720 --> 00:32:57,560 Speaker 13: enough diesel to keep going, because that's what would do 696 00:32:57,600 --> 00:32:59,600 Speaker 13: the most harm to the economy in terms of jobs 697 00:32:59,600 --> 00:33:01,880 Speaker 13: and income. And so it would be wrong for us 698 00:33:01,920 --> 00:33:05,080 Speaker 13: to be sending a price signaled out now by reducing 699 00:33:05,120 --> 00:33:08,480 Speaker 13: the price of diesel when actually in future, if west 700 00:33:08,520 --> 00:33:11,480 Speaker 13: cast scenarios played out, we might be having to preserve 701 00:33:11,600 --> 00:33:14,640 Speaker 13: our supply of diesel. So that's what we're very focused on. 702 00:33:14,840 --> 00:33:17,280 Speaker 2: The reason I ask those questions, I just wonder I'm 703 00:33:17,320 --> 00:33:20,479 Speaker 2: convinced this things over sooner rather than later. And this 704 00:33:20,600 --> 00:33:25,200 Speaker 2: is just it's just life, and the government can't come 705 00:33:25,240 --> 00:33:28,760 Speaker 2: to wipe everybody's bum after three short weeks when everyone's 706 00:33:28,880 --> 00:33:30,840 Speaker 2: whining and well, I. 707 00:33:30,800 --> 00:33:35,000 Speaker 13: Agree, I agree with you on that that the government 708 00:33:35,080 --> 00:33:37,200 Speaker 13: isn't going to be able to wipe out all of 709 00:33:37,240 --> 00:33:39,800 Speaker 13: the pain. I wish we could, but we can't do 710 00:33:39,880 --> 00:33:43,200 Speaker 13: so responsibly without putting New Zealanders in a much worse 711 00:33:43,240 --> 00:33:46,200 Speaker 13: position in future. But on the former as to whether 712 00:33:46,280 --> 00:33:49,440 Speaker 13: or not this will be resolved quickly, I'm afraid that 713 00:33:49,680 --> 00:33:51,960 Speaker 13: it's my job to look at a range of scenarios, 714 00:33:52,000 --> 00:33:54,480 Speaker 13: and there are many scenarios in which not only might 715 00:33:54,520 --> 00:33:59,160 Speaker 13: this conflict be prolonged, but also the supply chain disruption 716 00:33:59,320 --> 00:34:03,440 Speaker 13: that is called prices to rise will linger for some time. 717 00:34:04,080 --> 00:34:06,360 Speaker 13: That is the advice I'm getting. And when you look 718 00:34:07,120 --> 00:34:09,359 Speaker 13: at all of the international reporting, even if you think 719 00:34:09,440 --> 00:34:11,520 Speaker 13: peace is going to break out in the Middle East tomorrow, 720 00:34:11,880 --> 00:34:14,040 Speaker 13: people are acknowledging that the strait of Hall moves may 721 00:34:14,040 --> 00:34:17,279 Speaker 13: be disrupted. The some time oil refineries have been disrupted, 722 00:34:17,880 --> 00:34:21,239 Speaker 13: even oil and gas fields have been disrupted, So that 723 00:34:21,360 --> 00:34:22,560 Speaker 13: is going to have lingering effets. 724 00:34:22,680 --> 00:34:26,840 Speaker 2: Okay, I get it any update from lux and with 725 00:34:26,920 --> 00:34:29,839 Speaker 2: his calls with Malaysia, Career and Wong, they're looking I'm 726 00:34:29,880 --> 00:34:33,440 Speaker 2: assuming it alternative feed sources like places like America. Is 727 00:34:33,480 --> 00:34:34,480 Speaker 2: their hope there or not. 728 00:34:35,840 --> 00:34:39,000 Speaker 13: Yes, he has had calls with both the Malaysian and 729 00:34:39,200 --> 00:34:42,520 Speaker 13: Korean leaders, and I will leave him to do a 730 00:34:42,560 --> 00:34:45,160 Speaker 13: diplomatic readout of those. I've of course spoken to him 731 00:34:45,200 --> 00:34:48,279 Speaker 13: about them. Yes, Look, Malaysia is sourcing from a range 732 00:34:48,320 --> 00:34:52,800 Speaker 13: of places, including Canada and elsewhere. The Koreans are looking 733 00:34:53,640 --> 00:34:57,160 Speaker 13: to source feedstock from elsewhere, and what you're seeing is 734 00:34:57,200 --> 00:35:00,520 Speaker 13: a rearrangement in the back of the global oil where 735 00:35:00,600 --> 00:35:06,719 Speaker 13: by the US, Canada others are suddenly becoming more important 736 00:35:06,719 --> 00:35:09,799 Speaker 13: for these Southeast Asian refineries who typically have relied on 737 00:35:09,800 --> 00:35:11,640 Speaker 13: the Middle East. So you are going to see some 738 00:35:11,640 --> 00:35:14,279 Speaker 13: big shifts there. But of course that means that the 739 00:35:14,320 --> 00:35:18,040 Speaker 13: price potentially remains high because you've got more people competing 740 00:35:18,360 --> 00:35:19,680 Speaker 13: for a smaller amount. 741 00:35:19,480 --> 00:35:23,840 Speaker 2: Of ared price isn't our biggest problem. Supply is fair, correct. 742 00:35:23,920 --> 00:35:26,920 Speaker 13: My number one focus is supply security. If we can 743 00:35:26,920 --> 00:35:29,640 Speaker 13: get it into the country, the economy keeps going. 744 00:35:29,640 --> 00:35:33,960 Speaker 2: And nothing yet post what we already know that's a 745 00:35:34,000 --> 00:35:36,359 Speaker 2: problem in terms of supply that you know of and 746 00:35:36,400 --> 00:35:37,400 Speaker 2: can report this morning. 747 00:35:38,200 --> 00:35:41,680 Speaker 13: No, because the fuel importers have not said to me, Look, 748 00:35:41,760 --> 00:35:43,319 Speaker 13: we don't think we're going to be able to get 749 00:35:43,320 --> 00:35:44,880 Speaker 13: our orders, and we don't think we're going to be 750 00:35:44,920 --> 00:35:48,719 Speaker 13: able to replace our orders. But it's really important that 751 00:35:48,800 --> 00:35:51,640 Speaker 13: we plan for that because they might not know that 752 00:35:51,800 --> 00:35:54,160 Speaker 13: until they suddenly get a force measure called on a 753 00:35:54,200 --> 00:35:56,960 Speaker 13: contract where the person that normally says, oh, look we 754 00:35:57,000 --> 00:35:59,080 Speaker 13: can't do it anymore because of global events, and then 755 00:35:59,120 --> 00:36:01,680 Speaker 13: they'll be in a scramble to get more. And so 756 00:36:01,760 --> 00:36:03,879 Speaker 13: I know that they're taking prudent steps to make sure 757 00:36:03,880 --> 00:36:06,400 Speaker 13: they've considered alternative sources of supply. But of course it 758 00:36:06,440 --> 00:36:10,319 Speaker 13: takes more time to get fuel from the other side 759 00:36:10,320 --> 00:36:11,960 Speaker 13: of the world than it does from Asia, so that 760 00:36:12,000 --> 00:36:14,919 Speaker 13: in itself could create some delays in our supply chain. 761 00:36:15,520 --> 00:36:17,920 Speaker 13: And there is a question in that scramble where that 762 00:36:18,360 --> 00:36:21,000 Speaker 13: anyone misses out. So those are the sorts of West 763 00:36:21,000 --> 00:36:23,520 Speaker 13: case scenarios that we are having to plan for. 764 00:36:23,600 --> 00:36:27,720 Speaker 2: Bremen three rate rises in election year, against stagflation, against 765 00:36:27,719 --> 00:36:29,680 Speaker 2: an economy going nowhere. How much fund is that? 766 00:36:31,080 --> 00:36:35,280 Speaker 13: Well? I thought she made some very considered remarks yesterday. 767 00:36:35,400 --> 00:36:39,640 Speaker 13: She I think showed a real conviction about the inflation mandate, 768 00:36:39,640 --> 00:36:41,640 Speaker 13: which we need because actually that's the number one thing 769 00:36:41,640 --> 00:36:43,520 Speaker 13: we can do for New Zealander's cost of living is 770 00:36:43,640 --> 00:36:47,040 Speaker 13: keep inflation under control. But she was also realistic that 771 00:36:47,600 --> 00:36:50,799 Speaker 13: in response to an immediate supply shop, immediate interest rate 772 00:36:50,880 --> 00:36:53,560 Speaker 13: rises aren't going to sort that out. Actually, what she's 773 00:36:53,600 --> 00:36:56,880 Speaker 13: more focused on is the secondary and medium term effects 774 00:36:56,920 --> 00:37:00,440 Speaker 13: of if inflation expectations go higher and core inflation. So 775 00:37:00,960 --> 00:37:04,359 Speaker 13: that is absolutely textbook central banker stuff. And I thought 776 00:37:04,360 --> 00:37:06,120 Speaker 13: she was communicated at well, all. 777 00:37:06,080 --> 00:37:08,400 Speaker 2: Right, nice to talk to you. Nikola willis the Finance 778 00:37:08,440 --> 00:37:11,440 Speaker 2: Minister Philippines. By the way, state of national emergency. Marcos 779 00:37:11,480 --> 00:37:14,279 Speaker 2: has called this one signed and executive order remain in 780 00:37:14,320 --> 00:37:16,480 Speaker 2: place for a year. Imports ninety eight percent of the 781 00:37:16,520 --> 00:37:18,400 Speaker 2: crew comes from the Gulf. Of course, they've got forty 782 00:37:18,400 --> 00:37:21,640 Speaker 2: five days of fuel left. But of course, unlike us, 783 00:37:21,840 --> 00:37:24,520 Speaker 2: they heat their place, they run their businesses with oil, 784 00:37:24,920 --> 00:37:27,560 Speaker 2: we at least in part, are renewable. And that's before 785 00:37:27,560 --> 00:37:31,480 Speaker 2: I get to Slovenia. More In a moment fourteen pass the. 786 00:37:31,640 --> 00:37:35,920 Speaker 1: Like Asking Breakfast Full Show podcast on iHeartRadio powered by 787 00:37:35,960 --> 00:37:36,800 Speaker 1: News Talks at. 788 00:37:36,680 --> 00:37:40,040 Speaker 2: B I think we've got some good news on health 789 00:37:40,040 --> 00:37:41,840 Speaker 2: and delivery of for you in the next fifteen to 790 00:37:41,840 --> 00:37:44,359 Speaker 2: twenty minutes. Seventeen past seven. Meantime, the day Renny Era 791 00:37:44,440 --> 00:37:47,120 Speaker 2: well and truly underway. For the All Blacks. What's the 792 00:37:47,320 --> 00:37:49,400 Speaker 2: Jason Ryan stays, which I think is good. I think 793 00:37:49,440 --> 00:37:52,400 Speaker 2: we like Jason, don't we. Tanner Rumunger is leading the defense. 794 00:37:52,440 --> 00:37:54,840 Speaker 2: Mike Blair takes over the attack. The senior assistant is 795 00:37:54,880 --> 00:37:57,600 Speaker 2: Neil Barnes, who is with us. Neil, morning to. 796 00:37:57,560 --> 00:37:58,800 Speaker 8: You, Bonnie. 797 00:37:58,800 --> 00:38:00,680 Speaker 2: Mik don't very well and are you just in from 798 00:38:00,719 --> 00:38:01,200 Speaker 2: the cows. 799 00:38:02,400 --> 00:38:02,600 Speaker 12: Yeah. 800 00:38:02,640 --> 00:38:04,120 Speaker 18: I go up just over at the end of the 801 00:38:04,160 --> 00:38:05,680 Speaker 18: bloody milking to be honest, to help it. I didn't 802 00:38:05,680 --> 00:38:07,440 Speaker 18: get up too damn early. It's something about six O 803 00:38:07,480 --> 00:38:08,399 Speaker 18: went over, So it's. 804 00:38:08,320 --> 00:38:14,360 Speaker 2: All good you No, that is true. You didn't expect 805 00:38:14,360 --> 00:38:15,880 Speaker 2: this to happen? Is that my reading of this? 806 00:38:17,280 --> 00:38:20,000 Speaker 18: Yeah, that's fair. It's not something you know I aspired 807 00:38:20,080 --> 00:38:22,840 Speaker 18: to when I started coaching, it was just I do 808 00:38:22,920 --> 00:38:26,000 Speaker 18: what I do and yeah, holy whatever. 809 00:38:26,719 --> 00:38:31,560 Speaker 2: How do you balance up your experience versus the camaraderie? 810 00:38:31,600 --> 00:38:33,799 Speaker 2: What what's RENI looking more for or what are you 811 00:38:33,800 --> 00:38:36,640 Speaker 2: looking more for? The camaraderie or the experience? 812 00:38:37,480 --> 00:38:40,680 Speaker 18: It's everything. Yeah, you get the whole package. I suppose 813 00:38:40,880 --> 00:38:42,799 Speaker 18: you can't do one without the other. At the end 814 00:38:42,840 --> 00:38:44,160 Speaker 18: of the day, you've got to build a good team, 815 00:38:44,239 --> 00:38:46,840 Speaker 18: a cultural within it, and that are all pointed in 816 00:38:46,840 --> 00:38:48,840 Speaker 18: the right direction. And I made a comment yesterday, we 817 00:38:48,880 --> 00:38:51,840 Speaker 18: actually need the whole country be pointing in the right direction, 818 00:38:52,160 --> 00:38:54,680 Speaker 18: from right down to our school and club game up 819 00:38:54,719 --> 00:38:56,400 Speaker 18: to the top, and then to have all the support 820 00:38:56,440 --> 00:38:58,600 Speaker 18: gone there too, and between the whole lot of us, 821 00:38:58,640 --> 00:39:01,680 Speaker 18: you'd be surprised what we can achieve a small country good. 822 00:39:01,800 --> 00:39:04,759 Speaker 2: The time frame? Are you aware of that? What materially 823 00:39:04,840 --> 00:39:06,600 Speaker 2: needs to happen for you guys to feel like you're 824 00:39:06,640 --> 00:39:07,280 Speaker 2: on the right track. 825 00:39:08,200 --> 00:39:10,239 Speaker 18: Look, at the end of the day, I'm new and 826 00:39:12,360 --> 00:39:14,520 Speaker 18: the super rogue again. I've done it for six years, 827 00:39:14,560 --> 00:39:16,520 Speaker 18: but I've been six years back home as well, so 828 00:39:16,640 --> 00:39:18,280 Speaker 18: I've got to get to know all the players. Probably 829 00:39:18,320 --> 00:39:20,600 Speaker 18: again Jason's way ahead of me. Ren's has been working 830 00:39:20,640 --> 00:39:23,839 Speaker 18: overseas for nine years. First thing is about selection, so 831 00:39:24,360 --> 00:39:26,719 Speaker 18: we've got to get out, get that sorted. That comes 832 00:39:26,760 --> 00:39:29,400 Speaker 18: to watching a truckload of footage. The second part is 833 00:39:29,400 --> 00:39:31,799 Speaker 18: getting together as coaches and getting really aligned about how 834 00:39:31,800 --> 00:39:34,359 Speaker 18: we want to play. And that's going to happen real soon. 835 00:39:34,480 --> 00:39:36,919 Speaker 18: So Rens has got to buy coming in next couple 836 00:39:36,960 --> 00:39:38,520 Speaker 18: of weeks, he's coming up to New Zealand and he 837 00:39:39,160 --> 00:39:42,040 Speaker 18: will connect him with all the superfranchises and us as 838 00:39:42,080 --> 00:39:43,920 Speaker 18: a group of coaches will climb on board with him 839 00:39:43,920 --> 00:39:44,880 Speaker 18: then and start meeting. 840 00:39:45,880 --> 00:39:47,920 Speaker 2: How does your role work in the sense you do 841 00:39:48,040 --> 00:39:50,759 Speaker 2: what he says or you push back a lot and 842 00:39:50,800 --> 00:39:51,799 Speaker 2: he needs you to do that. 843 00:39:53,280 --> 00:39:55,480 Speaker 18: He puts people there that can do their job. But 844 00:39:56,160 --> 00:39:58,759 Speaker 18: amongst the whole group, as I was mentioning yesterday, there 845 00:39:58,760 --> 00:40:00,879 Speaker 18: needs to be a little bit of tent as into 846 00:40:00,960 --> 00:40:04,200 Speaker 18: how we're doing things. And that's about asking questions. Yes, 847 00:40:04,239 --> 00:40:06,960 Speaker 18: you have clear lanes on what you're responsible for, but 848 00:40:07,480 --> 00:40:09,680 Speaker 18: outside of that, you're actually challenging the guys that are 849 00:40:09,680 --> 00:40:12,399 Speaker 18: with you. Can we'll be better in this area and 850 00:40:12,440 --> 00:40:14,399 Speaker 18: that's how you get better. I'd imagine like they would 851 00:40:14,400 --> 00:40:16,239 Speaker 18: be the same in any business. You don't want yes 852 00:40:16,360 --> 00:40:17,840 Speaker 18: people and there you want people that are going to 853 00:40:17,840 --> 00:40:20,440 Speaker 18: come up with new ideas, challenge the norm for the 854 00:40:20,440 --> 00:40:21,839 Speaker 18: betterment of the whole team. 855 00:40:22,320 --> 00:40:24,359 Speaker 2: As you look from the outside, and as I'm sure 856 00:40:24,400 --> 00:40:26,960 Speaker 2: you have, do you see the All Blacks as a 857 00:40:27,200 --> 00:40:30,720 Speaker 2: fixed job, a patch up job, manipulation job, a subtle 858 00:40:30,840 --> 00:40:32,279 Speaker 2: change job. What sort of job is it? 859 00:40:33,239 --> 00:40:37,239 Speaker 18: I'll be subtle changed in there often Sometimes when you 860 00:40:37,280 --> 00:40:39,080 Speaker 18: get to that level, it's only the little thing. So 861 00:40:39,239 --> 00:40:41,440 Speaker 18: that's for us to find out. There's some things that 862 00:40:41,520 --> 00:40:43,080 Speaker 18: come from the outside and which I'm not going to 863 00:40:43,160 --> 00:40:45,839 Speaker 18: talk about now, that I think we could do better. 864 00:40:46,280 --> 00:40:47,960 Speaker 18: But at the same time, there's a lot of things 865 00:40:48,000 --> 00:40:49,800 Speaker 18: they did well that we need to build on. So 866 00:40:50,160 --> 00:40:52,520 Speaker 18: it's not to throw the whole bath water out. It's 867 00:40:52,520 --> 00:40:55,480 Speaker 18: about having a good look and deciding how we want 868 00:40:55,520 --> 00:40:57,840 Speaker 18: to go about our work and then put them all together. 869 00:40:58,160 --> 00:41:00,120 Speaker 2: Go well, well, it appreciate your time. Neil Barnes, who 870 00:41:00,160 --> 00:41:02,680 Speaker 2: is the All Blacks senior assistant coach, Hi Mike. If 871 00:41:02,719 --> 00:41:05,640 Speaker 2: one cars run on synthetic fuels, maybe work needs to 872 00:41:05,680 --> 00:41:08,560 Speaker 2: be pushed on getting a similar product for us common folk. 873 00:41:08,960 --> 00:41:10,359 Speaker 2: Let me come back to that in just a couple 874 00:41:10,400 --> 00:41:11,640 Speaker 2: of moments. Seven twenty. 875 00:41:13,160 --> 00:41:17,799 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, ow 876 00:41:17,880 --> 00:41:19,480 Speaker 1: of my News talksp. 877 00:41:21,200 --> 00:41:23,440 Speaker 2: Now, if you're training, competing, or just trying to keep 878 00:41:23,440 --> 00:41:25,640 Speaker 2: yourself in decent shape, then this is worth knowing. Chemists 879 00:41:25,640 --> 00:41:28,040 Speaker 2: Warehouse got the old Sports Week sale. It's on now. 880 00:41:28,200 --> 00:41:31,279 Speaker 2: Gains Gains Gains a series. We're talking fifty percent off 881 00:41:31,280 --> 00:41:33,840 Speaker 2: the C four pre Workout range. Now that's fifty percent 882 00:41:33,920 --> 00:41:37,120 Speaker 2: off already low prices, forty percent off the entire Optimen 883 00:41:37,200 --> 00:41:39,920 Speaker 2: Nutra and Nutrition range, up to forty percent off the 884 00:41:40,000 --> 00:41:42,880 Speaker 2: Muscle Nation range, and up to thirty percent off the 885 00:41:42,920 --> 00:41:46,040 Speaker 2: famous Masashi. There's thirty percent off the Quest protein bars, 886 00:41:46,080 --> 00:41:49,680 Speaker 2: thirty percent off the Adkins range protein pre workout performance snacks, 887 00:41:50,120 --> 00:41:52,759 Speaker 2: all under one roof, all at prices that are unmissible. 888 00:41:52,800 --> 00:41:54,480 Speaker 2: But you've got to be quick because the Chemist Warehouse 889 00:41:54,520 --> 00:41:58,839 Speaker 2: Sports Weeks sale ends tonight, so head and store shop 890 00:41:58,920 --> 00:42:01,960 Speaker 2: online if you want to, they'll do that. Maybe Sprinton Party, 891 00:42:02,000 --> 00:42:04,799 Speaker 2: your fitness regime, sprint on into Chemist Warehouse, your home 892 00:42:04,880 --> 00:42:10,120 Speaker 2: of sports nutrition. Asking seventy four Brook van Velden classic example. 893 00:42:10,160 --> 00:42:12,240 Speaker 2: I thought yesterday as I watched that press conference, classic 894 00:42:12,360 --> 00:42:15,799 Speaker 2: example of her generation. In a game where you can 895 00:42:15,880 --> 00:42:18,360 Speaker 2: hang on too long and too many do, a person 896 00:42:18,440 --> 00:42:21,120 Speaker 2: of her age is not in there for filling gaps 897 00:42:21,280 --> 00:42:23,400 Speaker 2: for the sake of it, So she's off an election. 898 00:42:23,760 --> 00:42:25,719 Speaker 2: You always get the lineup of those leaving, of course, 899 00:42:25,880 --> 00:42:27,359 Speaker 2: are they're made up of people who've had a good 900 00:42:27,400 --> 00:42:30,520 Speaker 2: career Dueith Collins, or people who are over it Penny 901 00:42:30,560 --> 00:42:33,640 Speaker 2: Henerray and people who might have stayed if circumstances were different. 902 00:42:33,920 --> 00:42:36,560 Speaker 2: Shame ready. But what gives van Velden some heft as 903 00:42:36,600 --> 00:42:39,200 Speaker 2: one some of her work, the holiday staff and famously 904 00:42:39,320 --> 00:42:42,080 Speaker 2: or infamously the pay equity, and two the fact she 905 00:42:42,239 --> 00:42:45,640 Speaker 2: one an electric tammocky. Her seat is by no means 906 00:42:45,680 --> 00:42:48,000 Speaker 2: hers for the taking. It was widely accepted to outsh 907 00:42:48,080 --> 00:42:50,560 Speaker 2: on everyone as a candidate and was an example of 908 00:42:50,600 --> 00:42:53,799 Speaker 2: how you hustle and hustle gets your votes. The downside 909 00:42:54,400 --> 00:42:57,160 Speaker 2: is she's good talent and my word, the place is 910 00:42:57,239 --> 00:43:00,560 Speaker 2: devoid of that. At nine years her time parliament is 911 00:43:00,600 --> 00:43:03,399 Speaker 2: hardly a record and as such you could argue she's 912 00:43:03,480 --> 00:43:06,200 Speaker 2: yet to hit her stride. Add also the fact highly 913 00:43:06,360 --> 00:43:08,320 Speaker 2: likely this lot will win a second term and therefore 914 00:43:08,400 --> 00:43:10,239 Speaker 2: she would be carrying on at the highest level of 915 00:43:10,280 --> 00:43:13,600 Speaker 2: the profession. But what a typical act type decision. Ah, 916 00:43:13,920 --> 00:43:16,640 Speaker 2: she's off to the private sector. She's backing herself, taking 917 00:43:16,680 --> 00:43:19,359 Speaker 2: her skills to the marketplace, and will undoubtedly end up 918 00:43:19,360 --> 00:43:22,920 Speaker 2: doing something interesting all of her own volition. People in 919 00:43:23,000 --> 00:43:26,239 Speaker 2: the thirties aren't of the age in which if you're successful, 920 00:43:26,400 --> 00:43:28,920 Speaker 2: you keep being a bit more successful where you are. 921 00:43:29,320 --> 00:43:31,960 Speaker 2: You don't eke out your success. You revel in being 922 00:43:32,160 --> 00:43:35,160 Speaker 2: on to the next good thing. You change tech, you 923 00:43:35,280 --> 00:43:38,320 Speaker 2: give something new and completely different to go trouble with 924 00:43:38,440 --> 00:43:41,920 Speaker 2: that is the trouble with most workplaces. Good people are 925 00:43:42,000 --> 00:43:44,480 Speaker 2: hard to find, and when you have one, you hope 926 00:43:44,520 --> 00:43:47,520 Speaker 2: they stay for act are she shon, No one outshines 927 00:43:47,520 --> 00:43:50,600 Speaker 2: see more. Obviously McKee's solid chore has done good work, 928 00:43:50,880 --> 00:43:53,520 Speaker 2: but Van Velden has been a league above that. They 929 00:43:53,600 --> 00:43:56,640 Speaker 2: will be working hard to replace the quality and just 930 00:43:56,719 --> 00:43:59,880 Speaker 2: to make us feel old. As she said, she's got 931 00:44:00,080 --> 00:44:02,760 Speaker 2: nine years under the belt. She could leave do several 932 00:44:02,800 --> 00:44:04,719 Speaker 2: other things for twenty years and then come back and 933 00:44:04,760 --> 00:44:08,120 Speaker 2: she'd still only be fifty three. She won't die wondering, 934 00:44:08,400 --> 00:44:12,359 Speaker 2: and that's an outlook to admire asking, yeah, if one 935 00:44:12,440 --> 00:44:14,880 Speaker 2: synthetic fuels they do are trouble at the moment. And 936 00:44:14,920 --> 00:44:17,520 Speaker 2: this is the difficulty with synthetic fuels, and it's a 937 00:44:17,560 --> 00:44:20,880 Speaker 2: broader climate change question generally as opposed to an immediate 938 00:44:20,920 --> 00:44:23,799 Speaker 2: problem right now. The trouble with the synthetic fuels they 939 00:44:24,360 --> 00:44:26,440 Speaker 2: run is it costs forty thousand dollars to fill a 940 00:44:26,520 --> 00:44:29,600 Speaker 2: car and the tank's not that big. Believe me, so 941 00:44:30,080 --> 00:44:31,759 Speaker 2: until they get that down a bit. If you think, 942 00:44:31,840 --> 00:44:33,839 Speaker 2: if you think three fifty is a problem a later, 943 00:44:34,320 --> 00:44:37,399 Speaker 2: forty thousand is probably a bit beyond most of our means. 944 00:44:37,480 --> 00:44:40,239 Speaker 2: Kim Ilman my f one contact. If you want to 945 00:44:40,239 --> 00:44:43,200 Speaker 2: watch his video on that's well worth watching. Slovenia headline 946 00:44:43,640 --> 00:44:51,239 Speaker 2: Slovenia first EU country to introduce fuel rationing. Problem is 947 00:44:51,520 --> 00:44:55,000 Speaker 2: and the detail is always the key problem is they 948 00:44:55,080 --> 00:45:00,040 Speaker 2: have capped petrol prices anyway, so they're falsely low and 949 00:45:00,160 --> 00:45:05,960 Speaker 2: they're so called rationing is ration to fifty liters a day, 950 00:45:06,960 --> 00:45:09,640 Speaker 2: So you go in today for fifty, tomorrow for fifty, 951 00:45:09,800 --> 00:45:12,000 Speaker 2: the next day for fifty, the following day, every day 952 00:45:12,080 --> 00:45:15,000 Speaker 2: for fifty liters. So in other words, unless you're a 953 00:45:15,280 --> 00:45:18,960 Speaker 2: very very very heavy user. This isn't even a thing. 954 00:45:19,719 --> 00:45:22,040 Speaker 2: They've got problems with Austria because Ostary you don't cap 955 00:45:22,080 --> 00:45:24,320 Speaker 2: their petrol prices. Or the truck drivers from Asterya go 956 00:45:24,400 --> 00:45:26,560 Speaker 2: across the Slovenia fill up on the cheap and suddenly 957 00:45:26,600 --> 00:45:28,319 Speaker 2: the gang hold on, how come they're all coming across 958 00:45:28,360 --> 00:45:29,879 Speaker 2: to fill up on the cheap? Well O, recently, filling 959 00:45:29,960 --> 00:45:31,880 Speaker 2: up on the cheap is because you're artificially messing with 960 00:45:31,920 --> 00:45:35,200 Speaker 2: your market, you idiots. So anyway, so when you see 961 00:45:35,239 --> 00:45:38,759 Speaker 2: that headline as usual, it ain't quite what they make 962 00:45:38,800 --> 00:45:41,040 Speaker 2: it out to be. I've got good news on health. 963 00:45:41,440 --> 00:45:41,959 Speaker 2: That's next. 964 00:45:43,000 --> 00:45:47,000 Speaker 1: No fluff, just facts and fierce debate. The Mic Hosking 965 00:45:47,080 --> 00:45:51,560 Speaker 1: Breakfast with Alveda Retirement Communities, Life Your Way News, togs 966 00:45:51,560 --> 00:45:51,840 Speaker 1: Head B. 967 00:45:52,040 --> 00:45:55,080 Speaker 2: He is busy signing Mark Wayne mullen in he's the 968 00:45:55,160 --> 00:45:58,319 Speaker 2: latest appointment, of course, after what's the name got sacked 969 00:45:58,320 --> 00:46:01,680 Speaker 2: the other day. Anyway, More importantly, he's finally been asked 970 00:46:01,680 --> 00:46:02,399 Speaker 2: about the war. 971 00:46:02,840 --> 00:46:04,759 Speaker 14: Pretty Much everything they have is gone. I don't know, 972 00:46:05,040 --> 00:46:07,719 Speaker 14: can you name one thing that's not gone, or can 973 00:46:07,800 --> 00:46:09,560 Speaker 14: you name one thing that's doing well? 974 00:46:10,120 --> 00:46:10,799 Speaker 1: You know, if you read the. 975 00:46:10,840 --> 00:46:12,719 Speaker 14: Papers, you think we're tired you think we're in a 976 00:46:12,760 --> 00:46:18,560 Speaker 14: tough battle. We are roaming free over Tehran, the city 977 00:46:18,760 --> 00:46:22,399 Speaker 14: terhin as opposed to Iran. We're roaming free. 978 00:46:22,520 --> 00:46:23,719 Speaker 12: We can do whatever we want. 979 00:46:24,800 --> 00:46:27,160 Speaker 14: And as you know today, we were going to have 980 00:46:27,239 --> 00:46:32,080 Speaker 14: the privilege of shooting down a very big electric generation plant, 981 00:46:32,160 --> 00:46:35,160 Speaker 14: one of the biggest in the world, and one shot 982 00:46:35,239 --> 00:46:39,080 Speaker 14: to the right location ends the plant that collapses. And 983 00:46:39,239 --> 00:46:41,640 Speaker 14: we held off based on the fact that we're negotiating. 984 00:46:43,840 --> 00:46:46,160 Speaker 2: And when advanced the story much does it if you 985 00:46:46,239 --> 00:46:48,600 Speaker 2: are looking for some sort of I don't know, reassurance 986 00:46:48,640 --> 00:46:51,120 Speaker 2: from the highest levels of power. Twenty two minutes away 987 00:46:51,200 --> 00:46:54,600 Speaker 2: from eight a lotto changes coming Mark and Jinny after 988 00:46:54,640 --> 00:46:57,319 Speaker 2: write o'clock meantime back home, we've got the broad movement 989 00:46:57,360 --> 00:46:59,959 Speaker 2: to the positive. I think in a health system seem 990 00:47:00,120 --> 00:47:02,279 Speaker 2: to be cementing in December quarter numbers for you this morning. 991 00:47:02,320 --> 00:47:05,680 Speaker 2: Emergency department stays are shorter. Seventy four percent of patients 992 00:47:05,680 --> 00:47:09,560 Speaker 2: seen within six hours cancer treatment eighty seven percent received 993 00:47:09,600 --> 00:47:13,040 Speaker 2: care within thirty one days. That's up. Elective surgery sixty 994 00:47:13,040 --> 00:47:15,080 Speaker 2: four and a half percent treated within four months. That's up. 995 00:47:15,440 --> 00:47:18,120 Speaker 2: So doctor Richard Sullivan is the health New Zealand executive 996 00:47:18,160 --> 00:47:20,960 Speaker 2: National director Clinical and is with us Richard. Very good 997 00:47:21,000 --> 00:47:21,400 Speaker 2: morning to you. 998 00:47:22,239 --> 00:47:23,040 Speaker 19: Yeah, good morning Mike. 999 00:47:23,280 --> 00:47:25,640 Speaker 2: Is this money or is it deficiencies or both? 1000 00:47:27,160 --> 00:47:29,560 Speaker 19: It'sticularly both of mine. I think it's just a huge 1001 00:47:29,600 --> 00:47:33,120 Speaker 19: focus hardworking our people, but also investments, you know, the 1002 00:47:34,239 --> 00:47:37,160 Speaker 19: ed boost between million, you know, those things make a 1003 00:47:37,200 --> 00:47:39,600 Speaker 19: big difference. But yeah, our teams are working hard. So 1004 00:47:39,680 --> 00:47:42,359 Speaker 19: we're we've seen given at gains. As you say, way 1005 00:47:42,440 --> 00:47:44,279 Speaker 19: to go, but we're certainly making a hid way in 1006 00:47:44,280 --> 00:47:44,800 Speaker 19: the right direction. 1007 00:47:45,160 --> 00:47:48,200 Speaker 2: Is say the cancer treatment eighty five point nine to 1008 00:47:48,320 --> 00:47:51,880 Speaker 2: eighty seven, Now as a number, that's a small increase 1009 00:47:52,000 --> 00:47:54,600 Speaker 2: in terms of actual patients. Is that a lot of patients. 1010 00:47:54,640 --> 00:47:56,200 Speaker 2: Are we making material gains? 1011 00:47:57,360 --> 00:47:59,560 Speaker 19: We are, we're making matual gains. There's a example of 1012 00:47:59,600 --> 00:48:02,160 Speaker 19: cans across all of these literals. So these are patients 1013 00:48:02,200 --> 00:48:05,160 Speaker 19: who have had a decision to treatment, could be surgery, 1014 00:48:05,239 --> 00:48:08,719 Speaker 19: could be chemotherapy, and so you're getting the treatment and 1015 00:48:08,800 --> 00:48:11,120 Speaker 19: the really timely fashion thirty one days, which is super 1016 00:48:11,160 --> 00:48:14,400 Speaker 19: important for both them personally but also to their outcomes. 1017 00:48:14,840 --> 00:48:18,080 Speaker 19: So you're definitely material gains and it's not very fair 1018 00:48:18,120 --> 00:48:20,400 Speaker 19: says you know, those are thousands of patients that are 1019 00:48:20,400 --> 00:48:23,840 Speaker 19: getting here earlier. We've had a twenty percent reduction in 1020 00:48:23,920 --> 00:48:27,080 Speaker 19: our patients waiting over four months. The treatments again, you 1021 00:48:27,160 --> 00:48:29,120 Speaker 19: know those are hundreds, if not thousands of patients are 1022 00:48:29,160 --> 00:48:32,560 Speaker 19: getting really surgery, so you know, significant improvements. 1023 00:48:32,239 --> 00:48:35,359 Speaker 2: The ED you're doing more, it's more of being seen 1024 00:48:35,440 --> 00:48:37,640 Speaker 2: quicker than that six our time frame, plus more a 1025 00:48:37,760 --> 00:48:41,080 Speaker 2: turning up. What is that GPS? We don't go to 1026 00:48:41,160 --> 00:48:43,840 Speaker 2: a GP anymore? Are we all sick? What what's happening 1027 00:48:43,880 --> 00:48:45,719 Speaker 2: with d yeah? 1028 00:48:46,160 --> 00:48:48,239 Speaker 19: EDS is probably want to have a great challenges hey, 1029 00:48:48,320 --> 00:48:50,759 Speaker 19: which is you know, we are things you know sort 1030 00:48:50,760 --> 00:48:52,919 Speaker 19: of you know, five seven percent increase in patients coming 1031 00:48:53,000 --> 00:48:56,920 Speaker 19: through that is a combination of just strengthening our private 1032 00:48:57,000 --> 00:48:58,680 Speaker 19: care and we've got a real focus on trying to 1033 00:48:58,760 --> 00:49:00,880 Speaker 19: do that. But we are just is that people are 1034 00:49:00,880 --> 00:49:04,120 Speaker 19: getting older in our communities, We're seeing more illness and 1035 00:49:04,200 --> 00:49:06,400 Speaker 19: then we have outbreaks, you know, things like measles and 1036 00:49:06,840 --> 00:49:08,840 Speaker 19: in the flu season that comes up which also just 1037 00:49:09,000 --> 00:49:13,040 Speaker 19: push push those the pressure on those departments. But you know, again, 1038 00:49:13,239 --> 00:49:15,719 Speaker 19: you know the teams are working super hard trying to 1039 00:49:15,880 --> 00:49:18,040 Speaker 19: menace that flow through hospitals so we can kind of 1040 00:49:18,080 --> 00:49:19,200 Speaker 19: get these people seen faster. 1041 00:49:19,480 --> 00:49:22,080 Speaker 2: If you could magic wand one thing would that be 1042 00:49:22,200 --> 00:49:24,759 Speaker 2: it to fixate the ED seems the blockage in the 1043 00:49:24,800 --> 00:49:26,799 Speaker 2: whole system. Once you get through that, or you don't 1044 00:49:26,800 --> 00:49:29,040 Speaker 2: have to deal with that, the health system actually, to 1045 00:49:29,200 --> 00:49:31,040 Speaker 2: my eyes, seems to work pretty well. 1046 00:49:32,400 --> 00:49:32,600 Speaker 1: Yeah. 1047 00:49:32,640 --> 00:49:35,040 Speaker 19: I think that eds are reflection of how well our 1048 00:49:35,239 --> 00:49:37,600 Speaker 19: community is working, how well our hospitals are working. Such 1049 00:49:37,640 --> 00:49:41,640 Speaker 19: a really good metric of the whole system, as you say. 1050 00:49:42,040 --> 00:49:44,120 Speaker 19: And so yeah, as we know, we only to give 1051 00:49:44,120 --> 00:49:47,640 Speaker 19: back to semi seven by percent by July this year, 1052 00:49:48,080 --> 00:49:51,720 Speaker 19: and as that starts improved, we definitely see the system 1053 00:49:51,920 --> 00:49:53,560 Speaker 19: unlock and and things slow better. 1054 00:49:53,880 --> 00:49:57,120 Speaker 2: Those immunization numbers are interesting because post COVID and all that, 1055 00:49:57,200 --> 00:49:59,640 Speaker 2: they you know, the urban myth, what have you believed? 1056 00:49:59,640 --> 00:50:02,080 Speaker 2: No one leaves and jabs anymore? That's clearly not true. 1057 00:50:02,160 --> 00:50:03,839 Speaker 2: How hard are you working to get those numbers up? 1058 00:50:04,920 --> 00:50:07,439 Speaker 19: A look where where the teams are working super hard, 1059 00:50:07,680 --> 00:50:11,680 Speaker 19: to the point whereby sometimes they're literally chasing a single baby. 1060 00:50:11,800 --> 00:50:14,680 Speaker 19: You know, they may know in their district or their 1061 00:50:14,719 --> 00:50:18,760 Speaker 19: local community that you know, there's a handful of babies 1062 00:50:18,760 --> 00:50:21,840 Speaker 19: who need organization, and so they're out there actively just 1063 00:50:21,960 --> 00:50:24,759 Speaker 19: chasing those individual So you know, a big focus on 1064 00:50:24,960 --> 00:50:27,720 Speaker 19: organization because it makes a mess of difference and again 1065 00:50:28,160 --> 00:50:30,440 Speaker 19: reduces those kids having to come and do ev as well. 1066 00:50:30,760 --> 00:50:33,360 Speaker 2: Good stuff. Richar appreciate the catch up doctor Richard Sullivan 1067 00:50:33,360 --> 00:50:36,319 Speaker 2: who's with Health New Zealand. The numbers all trending. All 1068 00:50:36,480 --> 00:50:39,680 Speaker 2: five areas that they claim need to be improved are improving, 1069 00:50:39,719 --> 00:50:43,160 Speaker 2: so that's encouraging. Nineteen minutes away from eight pasking, Moomurn 1070 00:50:43,200 --> 00:50:45,960 Speaker 2: Night announced new rules around homes. Every new home from 1071 00:50:45,960 --> 00:50:47,320 Speaker 2: twenty twenty eight is going to have to have a 1072 00:50:47,360 --> 00:50:49,040 Speaker 2: heat pump, and every new home from twenty twenty eight 1073 00:50:49,160 --> 00:50:52,680 Speaker 2: is going to have solar panels. Future home standards. One 1074 00:50:52,719 --> 00:50:54,719 Speaker 2: of the great things that we haven't focused enough on 1075 00:50:54,840 --> 00:50:57,200 Speaker 2: in this country is and I alluded to it very 1076 00:50:57,239 --> 00:50:59,920 Speaker 2: briefly before, is that something we should do? Probably should 1077 00:51:00,760 --> 00:51:03,880 Speaker 2: I alluded to it before? We for power. If we 1078 00:51:04,040 --> 00:51:07,880 Speaker 2: were importing oil in this country to heat our homes, 1079 00:51:08,120 --> 00:51:12,960 Speaker 2: we'd be stuffed completely and utterly bugget. And many countries 1080 00:51:13,000 --> 00:51:15,360 Speaker 2: are like that. Philippines has declared the emergency overnight. There 1081 00:51:15,400 --> 00:51:17,200 Speaker 2: are many countries in the world that do rely. They 1082 00:51:17,239 --> 00:51:20,640 Speaker 2: don't they don't have hydro hydro yes, wind and solar 1083 00:51:20,680 --> 00:51:24,800 Speaker 2: and all that's fine, but our hydro is what's saving 1084 00:51:24,880 --> 00:51:26,840 Speaker 2: us from an even bigger crisis, and I hope we 1085 00:51:26,920 --> 00:51:30,400 Speaker 2: haven't forgotten that. Then we come to is it a 1086 00:51:30,480 --> 00:51:34,800 Speaker 2: scandal or have we been here many many times before? 1087 00:51:35,640 --> 00:51:40,480 Speaker 2: National Party fundraiser offers ten thousand dollars dinner with Christopher 1088 00:51:40,560 --> 00:51:42,799 Speaker 2: luxen More Shortly seventeen to. 1089 00:51:42,800 --> 00:51:47,200 Speaker 1: Two cool the Vike Hosking Breakfast Full Show podcast on 1090 00:51:47,440 --> 00:51:49,719 Speaker 1: iHeartRadio powered by the News Talks It. 1091 00:51:49,800 --> 00:51:54,120 Speaker 2: Be one O four is We're Brents at the moment, 1092 00:51:54,280 --> 00:51:57,680 Speaker 2: WTI is at ninety two. Trump's busy talking at the moment. 1093 00:51:57,840 --> 00:52:01,920 Speaker 2: He's just basically reiterating what he said already. They are 1094 00:52:01,960 --> 00:52:04,200 Speaker 2: going to make a deal. There will be no nuclear weapons. 1095 00:52:04,200 --> 00:52:06,680 Speaker 2: I'm not surely realizes that they've always claimed they're not 1096 00:52:06,760 --> 00:52:08,719 Speaker 2: making a nuclear weapon. So when they've agreed to not 1097 00:52:08,800 --> 00:52:10,799 Speaker 2: making a nuclear weapon, they've always agreed not to make 1098 00:52:10,800 --> 00:52:12,640 Speaker 2: a nuclear weapon because they lie to the world and 1099 00:52:12,680 --> 00:52:15,320 Speaker 2: say they're not interested in a nuclear weapon. So I 1100 00:52:15,400 --> 00:52:17,440 Speaker 2: don't know if that's breaking news to him, but nevertheless, 1101 00:52:17,440 --> 00:52:20,040 Speaker 2: that's what he's He's trying to jaw bone it, and 1102 00:52:20,160 --> 00:52:22,759 Speaker 2: he's losing the battle because what was happening yesterday was 1103 00:52:22,800 --> 00:52:25,520 Speaker 2: fascinating because oil went down about fourteen percent. It was 1104 00:52:25,560 --> 00:52:27,880 Speaker 2: well below one hundred dollars. But as the Iranians came 1105 00:52:27,920 --> 00:52:29,880 Speaker 2: out and said, this talk stuff is bollocks and you 1106 00:52:29,960 --> 00:52:32,160 Speaker 2: don't necessarily want to believe the Uranians anymore than you 1107 00:52:32,200 --> 00:52:35,120 Speaker 2: want to believe Trump. But nevertheless, by the time the 1108 00:52:35,480 --> 00:52:38,320 Speaker 2: day ended, oil had gone back up, not to what 1109 00:52:38,400 --> 00:52:41,239 Speaker 2: it was, but close. So no one knows basically who 1110 00:52:41,320 --> 00:52:43,359 Speaker 2: to believe at the moment, what's real and what isn't. 1111 00:52:43,680 --> 00:52:46,000 Speaker 2: Which brings us to the National Party in ten thousand dollars. 1112 00:52:46,040 --> 00:52:51,120 Speaker 2: So the suggestion this morning Bryce Edwards is leading the upset. 1113 00:52:51,880 --> 00:52:54,440 Speaker 2: He's suggesting a map of a map of power. So 1114 00:52:54,600 --> 00:52:58,759 Speaker 2: there's this dinner in christ National Party Mainland Dinner Christ 1115 00:52:58,840 --> 00:53:01,880 Speaker 2: Jutch town Hall. Beautiful. You pay five thousand dollars for 1116 00:53:01,960 --> 00:53:04,759 Speaker 2: a table at a silver tea table. If you want 1117 00:53:04,760 --> 00:53:07,320 Speaker 2: to pay more, no one's there at the silver tier tables. 1118 00:53:07,400 --> 00:53:12,120 Speaker 2: Just yeah, party workers, people you wouldn't want to hang with. 1119 00:53:12,440 --> 00:53:14,000 Speaker 2: But if you want to pay eight thousand dollars, you 1120 00:53:14,000 --> 00:53:15,440 Speaker 2: get to be with the cabinet minister. I'll tell you 1121 00:53:15,440 --> 00:53:17,799 Speaker 2: who the cabinet ministers are shortly one cabinet Minister Birr 1122 00:53:17,880 --> 00:53:20,600 Speaker 2: table and you can see whether it's worth eight thousand dollars. 1123 00:53:20,640 --> 00:53:21,120 Speaker 1: That's gold. 1124 00:53:21,520 --> 00:53:23,080 Speaker 2: But if you want to spend ten thousand dollars, you 1125 00:53:23,120 --> 00:53:24,600 Speaker 2: can get to the table with the Prime Minister. Now 1126 00:53:24,680 --> 00:53:26,960 Speaker 2: Bryce Edwards is arguing this is this is the map 1127 00:53:27,040 --> 00:53:28,839 Speaker 2: of power. You get to choose which table you sit 1128 00:53:28,880 --> 00:53:31,040 Speaker 2: at and which minister you get the ear of. This 1129 00:53:31,200 --> 00:53:34,719 Speaker 2: is very much selling access. If you've got the money, 1130 00:53:34,760 --> 00:53:37,959 Speaker 2: you get closer to power. So he's a conspiratorialist, of course. 1131 00:53:38,760 --> 00:53:40,279 Speaker 2: And I thought to myself, as is reading this, and 1132 00:53:40,360 --> 00:53:42,720 Speaker 2: I said, for God's sake, haven't we heard this before? 1133 00:53:43,440 --> 00:53:45,279 Speaker 2: And it turns out, of course we have. We've been 1134 00:53:45,360 --> 00:53:48,719 Speaker 2: here over and over and over again. October of twenty two, 1135 00:53:49,600 --> 00:53:52,000 Speaker 2: fifteen hundred dollars a head dinner with Luxon. June of 1136 00:53:52,040 --> 00:53:54,120 Speaker 2: twenty twenty two, one thousand dollars a head dinner with Luxeon. 1137 00:53:54,160 --> 00:53:56,200 Speaker 2: So Luxon has a lot of dinners. June of twenty 1138 00:53:56,280 --> 00:53:59,239 Speaker 2: twenty two, seventeen ninety five to schmooze with a don 1139 00:53:59,360 --> 00:54:02,160 Speaker 2: at a conference. Remember that presentation from the Labor Pulse 1140 00:54:02,160 --> 00:54:04,880 Speaker 2: to David Torbert. That was seventeen ninety five. And when 1141 00:54:04,920 --> 00:54:07,120 Speaker 2: I say seventeen ninety five, I mean seventeen hundred and 1142 00:54:07,160 --> 00:54:09,560 Speaker 2: ninety five dollars, not seventeen dollars ninety five, because that's 1143 00:54:09,560 --> 00:54:12,239 Speaker 2: all it's really worth to shmers with the dun In fact, 1144 00:54:12,360 --> 00:54:15,399 Speaker 2: seventeen ninety five, I'd want seventeen dollars ninety five back 1145 00:54:15,760 --> 00:54:18,799 Speaker 2: November of nineteen fifteen hundred dollars ahead to have lunch 1146 00:54:18,880 --> 00:54:21,080 Speaker 2: with the Dune May of fourteen three and a half 1147 00:54:21,120 --> 00:54:23,440 Speaker 2: grand for dinner with John Key, April of fourteen five 1148 00:54:23,480 --> 00:54:25,239 Speaker 2: thousand a head for dinner at the Mallori party that 1149 00:54:25,320 --> 00:54:28,040 Speaker 2: John Key helped them organize, promised one on one chats 1150 00:54:28,080 --> 00:54:29,840 Speaker 2: with him, and all the way back to twenty fourteen 1151 00:54:30,200 --> 00:54:32,919 Speaker 2: there was the famous Cabinet Club, remember the National Cabinet Club, 1152 00:54:33,680 --> 00:54:35,640 Speaker 2: And there were scan every time the story comes up 1153 00:54:35,680 --> 00:54:37,440 Speaker 2: here on a it's not very good. I what I 1154 00:54:37,560 --> 00:54:39,759 Speaker 2: am buying access. It's a pile of rubbish. No one's 1155 00:54:39,760 --> 00:54:42,640 Speaker 2: spending ten thousand dollars to sit next to Chrystpa Luckson, unless, 1156 00:54:42,680 --> 00:54:44,440 Speaker 2: of course they're members of the National Party already and 1157 00:54:44,440 --> 00:54:46,239 Speaker 2: they got more money than since. Not that I don't 1158 00:54:46,320 --> 00:54:48,799 Speaker 2: like Crystal b Luckson isn't here, referee, I should charge 1159 00:54:49,200 --> 00:54:51,120 Speaker 2: charging people to come in and sit, sit and watch 1160 00:54:51,160 --> 00:54:53,799 Speaker 2: the interview. So Luxin's here every Monday. If you want 1161 00:54:53,840 --> 00:54:55,880 Speaker 2: a seat in the corner, six and a half thousand 1162 00:54:55,920 --> 00:55:00,160 Speaker 2: dollars one I start paying for it. Goodness sake a 1163 00:55:00,239 --> 00:55:02,960 Speaker 2: table for I tyl teen And he's on the other side. 1164 00:55:02,960 --> 00:55:07,000 Speaker 2: And you got Chris, Chris. He has Walt's count here, Chris. 1165 00:55:08,280 --> 00:55:11,480 Speaker 2: All thing's are bust. It's a living away from Mit. 1166 00:55:12,120 --> 00:55:16,040 Speaker 1: The mic Hosking breakfast with al Vida, retirement communities and 1167 00:55:16,160 --> 00:55:16,880 Speaker 1: US talks tad B. 1168 00:55:17,360 --> 00:55:18,320 Speaker 2: Is this the moment? 1169 00:55:18,800 --> 00:55:19,960 Speaker 1: Well, I think we're gonna end it. 1170 00:55:20,480 --> 00:55:21,799 Speaker 14: I can't tell you for sure. 1171 00:55:24,600 --> 00:55:25,719 Speaker 1: You know, I don't like to say this. 1172 00:55:26,320 --> 00:55:29,279 Speaker 14: We've won this with this war has been won. The 1173 00:55:29,400 --> 00:55:31,160 Speaker 14: only one that likes to keep it going is the 1174 00:55:31,239 --> 00:55:33,080 Speaker 14: fake news. I mean the New York Times. You read 1175 00:55:33,120 --> 00:55:35,600 Speaker 14: the New York Times. It's like, we're not winning a 1176 00:55:35,680 --> 00:55:37,719 Speaker 14: war where they have no navy and they have no 1177 00:55:37,840 --> 00:55:40,720 Speaker 14: air force and they have no nothing, and we literally 1178 00:55:40,920 --> 00:55:45,600 Speaker 14: have planes flying over Terehran and other parts of their country. 1179 00:55:46,680 --> 00:55:49,320 Speaker 14: They can't do a thing about it. They're totally defeated. 1180 00:55:49,680 --> 00:55:51,680 Speaker 14: You know, we kill the navy, and would you say 1181 00:55:51,719 --> 00:55:55,239 Speaker 14: three days Pete gone? In fact, I was a little 1182 00:55:55,320 --> 00:55:57,360 Speaker 14: upset with Pete. I said, why didn't you save the ships? 1183 00:55:57,400 --> 00:55:59,600 Speaker 14: We could use them? Right? He said, it's more fun 1184 00:55:59,640 --> 00:56:01,920 Speaker 14: shot him down, pasking. 1185 00:56:02,640 --> 00:56:05,239 Speaker 2: So is it over? Who the hell will not? I'm 1186 00:56:05,239 --> 00:56:07,600 Speaker 2: just looking at the oil price. It hasn't really moved. 1187 00:56:08,719 --> 00:56:11,360 Speaker 2: He's got credibility issues. A big change coming to LOTO, 1188 00:56:11,520 --> 00:56:14,120 Speaker 2: more power balls, fourteen up from ten, new Division eight 1189 00:56:15,680 --> 00:56:18,520 Speaker 2: weekly winners apparently going to rise by thirty percent. Odds 1190 00:56:18,520 --> 00:56:20,400 Speaker 2: of winning, though Division one that is not so good. 1191 00:56:20,440 --> 00:56:22,080 Speaker 2: It goes from one to thirty eight point four million 1192 00:56:22,120 --> 00:56:24,120 Speaker 2: to one and fifty three point seven million anyway. Jason 1193 00:56:24,160 --> 00:56:26,600 Speaker 2: Delamore is Loto's chief executive and as well us. Jason, 1194 00:56:26,719 --> 00:56:29,160 Speaker 2: very good morning to you, Hi, Mike, thanks for having 1195 00:56:29,239 --> 00:56:29,400 Speaker 2: us on. 1196 00:56:29,600 --> 00:56:29,920 Speaker 8: Not at all. 1197 00:56:30,000 --> 00:56:31,440 Speaker 2: There's been a long time coming. 1198 00:56:31,320 --> 00:56:33,600 Speaker 16: Or what it has been a few years in the 1199 00:56:33,640 --> 00:56:36,120 Speaker 16: working yes, to get to this stage. So the game 1200 00:56:36,280 --> 00:56:38,879 Speaker 16: changes every few years, and now it's time to tune 1201 00:56:38,920 --> 00:56:40,640 Speaker 16: it up for New Zealand. 1202 00:56:41,000 --> 00:56:43,400 Speaker 2: How much of it's just about change cause you need 1203 00:56:43,480 --> 00:56:45,640 Speaker 2: to change versus your being eaten into a little bit 1204 00:56:45,680 --> 00:56:47,960 Speaker 2: by what seems to me to be anyway a globally 1205 00:56:48,040 --> 00:56:49,280 Speaker 2: increasing betting market. 1206 00:56:50,480 --> 00:56:54,080 Speaker 16: It is definitely a more competitive market and more competitive 1207 00:56:54,120 --> 00:56:56,640 Speaker 16: coming mic. But this is more around how we adjust 1208 00:56:56,800 --> 00:56:59,439 Speaker 16: largely to the population size in New Zealand. So since 1209 00:56:59,480 --> 00:57:02,359 Speaker 16: we last did this change, New Zealand has grown by 1210 00:57:02,400 --> 00:57:04,640 Speaker 16: one point one million people. So you have to keep 1211 00:57:04,680 --> 00:57:06,440 Speaker 16: tuning the game to keep that up to speed. 1212 00:57:06,719 --> 00:57:09,960 Speaker 2: So more winners. This would be a pitch. The chances 1213 00:57:10,040 --> 00:57:12,600 Speaker 2: of you getting something back increase, but the chances of 1214 00:57:12,640 --> 00:57:15,080 Speaker 2: you winning the big one diminished. So you're suggesting to 1215 00:57:15,160 --> 00:57:17,360 Speaker 2: me that we really only buy to win something as 1216 00:57:17,400 --> 00:57:18,240 Speaker 2: opposed to the big one. 1217 00:57:19,360 --> 00:57:22,080 Speaker 16: Absolutely right, Yeah, so the odds are increasing and the 1218 00:57:22,520 --> 00:57:25,360 Speaker 16: number you quoted is for a single line. Most people 1219 00:57:25,440 --> 00:57:28,040 Speaker 16: buy a lucky dip that has about ten lines in it. 1220 00:57:29,160 --> 00:57:31,520 Speaker 16: But the odds will increase. The big price do go up, 1221 00:57:31,960 --> 00:57:34,000 Speaker 16: but this look that there are more smaller prizes for 1222 00:57:34,400 --> 00:57:35,120 Speaker 16: people to enjoy. 1223 00:57:35,320 --> 00:57:38,560 Speaker 2: What's the weekly spend and how's it changed? Is it 1224 00:57:38,640 --> 00:57:39,880 Speaker 2: directly tied to the economy. 1225 00:57:40,440 --> 00:57:43,960 Speaker 16: I'll give you an average ticket spend. So normally average 1226 00:57:43,960 --> 00:57:46,560 Speaker 16: ticket spends about eighteen dollars, and we see that increase 1227 00:57:46,760 --> 00:57:49,320 Speaker 16: only a little bit. Actually, during a large powerball draw 1228 00:57:49,400 --> 00:57:51,760 Speaker 16: goes up to about twenty twenty two dollars, So that 1229 00:57:51,840 --> 00:57:53,880 Speaker 16: sort of puts some averages into. 1230 00:57:53,760 --> 00:57:56,960 Speaker 2: Folks minds, does it? Is it the same people over 1231 00:57:57,000 --> 00:57:57,480 Speaker 2: and over all? 1232 00:57:57,880 --> 00:58:00,080 Speaker 16: No, what you see in a large powerball is you 1233 00:58:00,160 --> 00:58:01,880 Speaker 16: get a lot more in what we call in frequent 1234 00:58:01,920 --> 00:58:04,320 Speaker 16: players coming in. So those people who just want to 1235 00:58:04,360 --> 00:58:06,720 Speaker 16: take a punt on winning the big prize, those are 1236 00:58:06,720 --> 00:58:08,480 Speaker 16: the ones that come in for a powerball. 1237 00:58:08,640 --> 00:58:10,800 Speaker 2: And what would you expect that what would you expect 1238 00:58:10,840 --> 00:58:13,360 Speaker 2: to happen as a result of these changes, Your market 1239 00:58:13,520 --> 00:58:15,920 Speaker 2: sheer goes up, or more people gamble or what. 1240 00:58:17,000 --> 00:58:20,280 Speaker 16: Yeah, So what we will see is the draws. So 1241 00:58:20,720 --> 00:58:24,080 Speaker 16: the average powerball draw happens about every three weeks. That'll 1242 00:58:24,120 --> 00:58:27,320 Speaker 16: shift to about every three and a half weeks. As 1243 00:58:27,440 --> 00:58:29,920 Speaker 16: the prizes get larger, we'll expect to see more of 1244 00:58:29,960 --> 00:58:32,880 Speaker 16: those and frequent players come on in. That's the main 1245 00:58:32,960 --> 00:58:34,240 Speaker 16: changes that we're expecting to see. 1246 00:58:34,320 --> 00:58:37,360 Speaker 2: Good stuff. Jasonppreciate it, Jason Delamore, who runs lotto in 1247 00:58:37,440 --> 00:58:40,640 Speaker 2: this country, Mike Trump's and nut He's obliterated one hundred 1248 00:58:40,680 --> 00:58:42,640 Speaker 2: percent of the Iran military. But and this is the 1249 00:58:42,680 --> 00:58:46,880 Speaker 2: problem and saying you've obliterated everything. Who's firing the missiles 1250 00:58:46,920 --> 00:58:48,600 Speaker 2: at Israel right now? Who are they? 1251 00:58:48,840 --> 00:58:48,960 Speaker 14: Is that? 1252 00:58:49,200 --> 00:58:52,240 Speaker 2: Ben and Bob? I mean, for God's sake, it's just 1253 00:58:52,400 --> 00:58:56,120 Speaker 2: the whole thing's absurd. He needs something more material. He's 1254 00:58:56,200 --> 00:58:59,640 Speaker 2: tried the jawbone, and the jawbone worked until it didn't. 1255 00:59:00,440 --> 00:59:02,439 Speaker 2: He's got to get he's got to start talking about 1256 00:59:02,440 --> 00:59:06,400 Speaker 2: the peace deal. We know nothing about that. Apparently it's 1257 00:59:06,440 --> 00:59:11,400 Speaker 2: in Pakistan with Kushner and Witkoff and JD rolls in 1258 00:59:11,520 --> 00:59:13,560 Speaker 2: to close the deal. I don't know whether any of 1259 00:59:13,640 --> 00:59:16,680 Speaker 2: that's real or not. But he needs something material to happen. 1260 00:59:16,760 --> 00:59:18,439 Speaker 2: So and he can't keep talking about the war because 1261 00:59:18,440 --> 00:59:20,640 Speaker 2: no one's interesting, No one's actually interested in the war. 1262 00:59:20,800 --> 00:59:22,600 Speaker 2: I don't know if he's realized that either no one 1263 00:59:22,720 --> 00:59:25,040 Speaker 2: cares about Iran. They didn't care about Iran to start with, 1264 00:59:25,360 --> 00:59:27,320 Speaker 2: and they don't care about it now. They don't care 1265 00:59:27,360 --> 00:59:30,520 Speaker 2: about Gaza, they don't care about Syria, they don't care 1266 00:59:30,520 --> 00:59:33,920 Speaker 2: about Iraq, they don't care about Afghanistan. What people care 1267 00:59:33,960 --> 00:59:36,640 Speaker 2: about all over the world is the price of petrol, 1268 00:59:36,680 --> 00:59:41,000 Speaker 2: and there costable having been blown up the spout. Mark 1269 00:59:41,040 --> 00:59:46,880 Speaker 2: Mitchell's one of the ministers eight grand Nikola, Willis, Simeon Brown, 1270 00:59:47,480 --> 00:59:54,320 Speaker 2: Ericas Stanford, Louise Upston, Judith Collins, Mark Mitchell. I don't 1271 00:59:54,360 --> 00:59:56,120 Speaker 2: know whether you spend you eight and then you get 1272 00:59:56,160 --> 01:00:01,400 Speaker 2: to peck or not. But anyway, fortunately Mark's Willish Fresh 1273 01:00:01,440 --> 01:00:05,240 Speaker 2: from the Old Wedding. Last week DNA along with Ginny Anderson, 1274 01:00:05,240 --> 01:00:07,480 Speaker 2: It's Politics Wednesday, right after the News, which is next 1275 01:00:07,520 --> 01:00:08,480 Speaker 2: to Reviews talks. 1276 01:00:08,360 --> 01:00:17,400 Speaker 1: Edb asking the questions others won't the mic asking, Breakfast 1277 01:00:17,560 --> 01:00:21,360 Speaker 1: with Ranger of a Sport SV The Ultimate Performance SUV 1278 01:00:21,640 --> 01:00:22,480 Speaker 1: News talks. 1279 01:00:22,320 --> 01:00:29,640 Speaker 2: Edb Devia be Gone Leave Me Alone. I remember talking 1280 01:00:29,640 --> 01:00:31,400 Speaker 2: about these two when they last put an album out, 1281 01:00:31,440 --> 01:00:34,800 Speaker 2: which was in twenty twenty two, Susan to Desky and 1282 01:00:35,040 --> 01:00:39,120 Speaker 2: Derek Trucks to Disky Trucks. And you think to Disky 1283 01:00:39,200 --> 01:00:41,960 Speaker 2: Trucks is just an invented name, but it's not. First 1284 01:00:41,960 --> 01:00:44,120 Speaker 2: of all, you got Susan Todsky, which is not the 1285 01:00:44,240 --> 01:00:45,800 Speaker 2: end of the world, but Derek Trucks. I don't know 1286 01:00:45,840 --> 01:00:50,960 Speaker 2: anyone's called trucks. Anyway, they're back. They had remember and 1287 01:00:51,000 --> 01:00:53,680 Speaker 2: I remember is remember it. They had four linked albums 1288 01:00:55,200 --> 01:00:59,600 Speaker 2: and accompanying films and they were based on the twelfth 1289 01:00:59,640 --> 01:01:03,320 Speaker 2: cent really persian and pull them about unattainable love. I 1290 01:01:03,400 --> 01:01:05,800 Speaker 2: mean you remember that, yeah, I remember, of course I 1291 01:01:05,880 --> 01:01:06,320 Speaker 2: remember that. 1292 01:01:06,600 --> 01:01:08,880 Speaker 20: Because I remember the time thinking why hasn't somebody done 1293 01:01:08,880 --> 01:01:09,240 Speaker 20: this before? 1294 01:01:09,360 --> 01:01:11,320 Speaker 2: Precisely In fact, you probably said at the time. You 1295 01:01:11,360 --> 01:01:12,440 Speaker 2: go back and look at the tape in two and 1296 01:01:12,440 --> 01:01:14,280 Speaker 2: twenty two, you probably your jokes don't get new, and 1297 01:01:14,320 --> 01:01:15,080 Speaker 2: you probably see. 1298 01:01:15,000 --> 01:01:17,760 Speaker 20: One someone this week. I reckon some jokes are like 1299 01:01:17,840 --> 01:01:19,720 Speaker 20: wine and cheese fit over the age. 1300 01:01:19,840 --> 01:01:21,560 Speaker 2: It's not wine and cheese mates coffee and cheese. We 1301 01:01:21,680 --> 01:01:23,040 Speaker 2: know that no one has wine and coffee. 1302 01:01:23,040 --> 01:01:23,800 Speaker 20: Doesn't get better than that. 1303 01:01:24,080 --> 01:01:26,440 Speaker 2: Coffee and cheese with Winston Peters. How much would you 1304 01:01:26,480 --> 01:01:29,920 Speaker 2: pay for that? If you had a table and he 1305 01:01:30,040 --> 01:01:32,040 Speaker 2: was raising money, he said, yes, coffee and cheese with 1306 01:01:32,080 --> 01:01:33,480 Speaker 2: Winston Peters, how much would you pay for it? 1307 01:01:33,560 --> 01:01:35,800 Speaker 20: I mean just the price of coffee and of cheese. 1308 01:01:35,800 --> 01:01:36,600 Speaker 20: At the moment. 1309 01:01:38,800 --> 01:01:42,640 Speaker 2: Eleven songs, it says he your material offers potential for 1310 01:01:42,720 --> 01:01:45,360 Speaker 2: long concert workouts, because eleven songs are between three and 1311 01:01:45,480 --> 01:01:48,280 Speaker 2: five minutes. And I've never seen that review before anyway, 1312 01:01:48,280 --> 01:01:51,360 Speaker 2: eleven tracks and forty two minutes and eighteen secrets. Unless 1313 01:01:51,440 --> 01:01:54,200 Speaker 2: you're at a concert and that clearly go on forever. 1314 01:01:54,800 --> 01:01:58,680 Speaker 2: Bark for politics Wednesday, it is Jinny Anderson and Mark Mitchell. 1315 01:01:58,680 --> 01:01:59,520 Speaker 2: Good money to you both. 1316 01:02:00,520 --> 01:02:02,080 Speaker 12: Hey, good morning, Mike, morning, Jenny. 1317 01:02:03,000 --> 01:02:05,880 Speaker 15: Good morning Mike, and congratulations Mark. I hope you had 1318 01:02:05,920 --> 01:02:06,640 Speaker 15: a wonderful day. 1319 01:02:08,760 --> 01:02:09,520 Speaker 17: Yes, no, it was. 1320 01:02:09,840 --> 01:02:14,320 Speaker 12: It was a stunning day. Siah was absolutely beautiful. Couldn't 1321 01:02:14,360 --> 01:02:14,960 Speaker 12: gone any better? 1322 01:02:15,160 --> 01:02:17,240 Speaker 2: Good on you? Can I quiz you a couple of 1323 01:02:17,320 --> 01:02:20,280 Speaker 2: quick quiz questions, Mark, and I'm sure Ginny is equally 1324 01:02:20,320 --> 01:02:23,640 Speaker 2: gripped by a design. What the It was a funny 1325 01:02:23,680 --> 01:02:25,800 Speaker 2: old interaction I had with the Prime Minister this week. 1326 01:02:25,880 --> 01:02:28,080 Speaker 2: I said, did you get him a gift? And he 1327 01:02:28,240 --> 01:02:30,680 Speaker 2: had a sort of a I don't know if I 1328 01:02:30,720 --> 01:02:32,880 Speaker 2: want to talk about it vibe about it. And I thought, oh, 1329 01:02:32,920 --> 01:02:35,439 Speaker 2: here we go. This could get interesting. And he said, 1330 01:02:35,640 --> 01:02:36,760 Speaker 2: he said, wasn't another one. 1331 01:02:37,120 --> 01:02:39,280 Speaker 15: It wasn't one of those man skaters, So that you 1332 01:02:39,360 --> 01:02:39,720 Speaker 15: got was. 1333 01:02:41,920 --> 01:02:42,600 Speaker 2: A manscaper? 1334 01:02:43,040 --> 01:02:46,160 Speaker 12: No, we said, no, I A definitely didn't get a manscaper. 1335 01:02:46,200 --> 01:02:48,920 Speaker 12: But we know we said, we said, don't give us 1336 01:02:48,960 --> 01:02:52,720 Speaker 12: a gift, make a donation to pitt Refuge, okay, which 1337 01:02:52,800 --> 01:02:54,880 Speaker 12: is something set up by Dame Julie Chapman, and what 1338 01:02:55,040 --> 01:02:58,000 Speaker 12: it is is that women predominantly that had caught him 1339 01:02:58,080 --> 01:03:02,560 Speaker 12: domestic violence and won't leave because of it. They can 1340 01:03:02,680 --> 01:03:04,360 Speaker 12: the pet can go to pet refuge and it gives 1341 01:03:04,400 --> 01:03:07,800 Speaker 12: them a pathway out. So we just said, we said, 1342 01:03:07,840 --> 01:03:08,840 Speaker 12: make a donation to them. 1343 01:03:09,680 --> 01:03:11,800 Speaker 2: He claims he gave me a ceramics from Wayhicky. 1344 01:03:13,760 --> 01:03:16,560 Speaker 12: Yeah, well, well, Sarah's sorting that. We did get some gifts, 1345 01:03:16,600 --> 01:03:17,680 Speaker 12: so Cyah will be sorting through. 1346 01:03:17,800 --> 01:03:18,680 Speaker 2: I don't even know what you're going. 1347 01:03:21,640 --> 01:03:23,560 Speaker 12: Well, when I get home, when I get home this week, 1348 01:03:23,640 --> 01:03:26,560 Speaker 12: sometime I'll find out what they were and put some thinkings. 1349 01:03:26,920 --> 01:03:29,360 Speaker 2: Well, I probably ruined it for it's ceramics from. 1350 01:03:33,800 --> 01:03:35,760 Speaker 12: You know, there's a guy up and there's a guy 1351 01:03:35,840 --> 01:03:38,640 Speaker 12: up in the in the plenty called Mart Mitchell who 1352 01:03:38,680 --> 01:03:40,960 Speaker 12: does ceramics up there, and I get a lot of 1353 01:03:41,000 --> 01:03:42,880 Speaker 12: people come out to me going, oh, we didn't know 1354 01:03:42,960 --> 01:03:48,280 Speaker 12: you were a potter and he did ceramics. Actually more 1355 01:03:48,320 --> 01:03:49,880 Speaker 12: than one person was called Mart Mitchell. 1356 01:03:49,960 --> 01:03:52,960 Speaker 15: This world, you could buy a whole lot of those 1357 01:03:53,080 --> 01:03:54,920 Speaker 15: make I mean, just give them away for Christmas. 1358 01:03:55,920 --> 01:03:59,680 Speaker 2: That's true. That a Mark Mitchell original. By the way, 1359 01:04:00,080 --> 01:04:02,160 Speaker 2: this this this fundraiser, you're aware you're going to a 1360 01:04:02,200 --> 01:04:04,400 Speaker 2: fundraiser where we pay eight thousand dollars to sit next 1361 01:04:04,440 --> 01:04:05,680 Speaker 2: to you at a table in christ. 1362 01:04:05,520 --> 01:04:08,680 Speaker 12: You yes, I mean this is the way that we 1363 01:04:08,880 --> 01:04:10,640 Speaker 12: I mean, at the end of the day, political parties 1364 01:04:11,080 --> 01:04:13,480 Speaker 12: have to raise money's a campaign on and you don't 1365 01:04:13,480 --> 01:04:17,640 Speaker 12: want tax bars providing political parties money. So you've ride 1366 01:04:17,680 --> 01:04:18,920 Speaker 12: your supporters to come out. 1367 01:04:19,160 --> 01:04:19,960 Speaker 1: And you raise money. 1368 01:04:20,000 --> 01:04:20,800 Speaker 12: And this is how you do it. 1369 01:04:20,840 --> 01:04:22,000 Speaker 17: And in terms of excess, I. 1370 01:04:22,040 --> 01:04:25,479 Speaker 12: Mean New Zealand has got New Zealand as the only 1371 01:04:25,560 --> 01:04:28,920 Speaker 12: country in the world that you get easy access, huge 1372 01:04:28,960 --> 01:04:30,960 Speaker 12: access to MP's and ministers. I And you can get 1373 01:04:31,000 --> 01:04:32,640 Speaker 12: on a flight to Wellington, you might be sitting next 1374 01:04:32,640 --> 01:04:35,280 Speaker 12: to the Prime Minister. You know, it's very very easy 1375 01:04:35,320 --> 01:04:36,200 Speaker 12: to have access to us. 1376 01:04:36,280 --> 01:04:37,040 Speaker 17: We're not and we. 1377 01:04:37,040 --> 01:04:39,760 Speaker 12: Should keep it like that. I was traveling down from 1378 01:04:39,840 --> 01:04:41,520 Speaker 12: up North with the PM the other day after the 1379 01:04:41,600 --> 01:04:44,760 Speaker 12: weather events up there, and we stopped at Meccas in 1380 01:04:44,840 --> 01:04:46,800 Speaker 12: Welsford and we had dinner with a couple of truckies 1381 01:04:47,480 --> 01:04:51,200 Speaker 12: you know over over. I'm going to get christ in 1382 01:04:51,240 --> 01:04:53,560 Speaker 12: trouble with Amanda on this one, but hey, we felt 1383 01:04:53,600 --> 01:05:03,080 Speaker 12: like a MEAs I just dropped, I just dropped myself 1384 01:05:03,120 --> 01:05:04,560 Speaker 12: in it as well, by the way, so she was 1385 01:05:04,600 --> 01:05:05,960 Speaker 12: going to be straight on the blur after this. 1386 01:05:06,080 --> 01:05:07,680 Speaker 13: But any one of. 1387 01:05:07,720 --> 01:05:10,400 Speaker 16: Those milkshakes with with you know, Lily, isn't it. 1388 01:05:10,440 --> 01:05:11,440 Speaker 15: That they whip it up? 1389 01:05:11,960 --> 01:05:15,000 Speaker 12: I love the I love the line that shakes, but 1390 01:05:15,080 --> 01:05:17,320 Speaker 12: they're not selling them at the moment, so you got 1391 01:05:17,400 --> 01:05:18,400 Speaker 12: to go in a little banana. 1392 01:05:21,400 --> 01:05:23,720 Speaker 2: How How who pays when the Prime Minister and the 1393 01:05:23,760 --> 01:05:26,480 Speaker 2: Minister of the Crown sets down with a couple of truckies, 1394 01:05:26,520 --> 01:05:27,800 Speaker 2: who pays the Prime minister pay? 1395 01:05:29,440 --> 01:05:32,680 Speaker 12: I think on that one he paid, and I think 1396 01:05:32,720 --> 01:05:34,160 Speaker 12: he gave his fries to one of them as well, 1397 01:05:34,240 --> 01:05:37,240 Speaker 12: because we did feel a bit guilty. We're not meant 1398 01:05:37,240 --> 01:05:39,480 Speaker 12: to beating metas, but hey we are hungry. You've been 1399 01:05:39,520 --> 01:05:40,400 Speaker 12: down on the ground all day. 1400 01:05:40,800 --> 01:05:42,000 Speaker 2: You gave him for price. 1401 01:05:42,120 --> 01:05:42,920 Speaker 19: It's very generous. 1402 01:05:43,040 --> 01:05:43,959 Speaker 16: It's amazing. 1403 01:05:46,120 --> 01:05:46,560 Speaker 2: Weight loss. 1404 01:05:46,600 --> 01:05:48,120 Speaker 12: But he will I've just on a bit of a 1405 01:05:48,160 --> 01:05:48,880 Speaker 12: weight loss broker. 1406 01:05:50,800 --> 01:05:53,360 Speaker 2: Oh this is too funny. How much do you see 1407 01:05:53,400 --> 01:05:55,280 Speaker 2: a problem with it, Ginny in terms of never forget 1408 01:05:55,280 --> 01:05:56,960 Speaker 2: the national side of the equation. You guys have done 1409 01:05:57,000 --> 01:06:00,200 Speaker 2: it as well. Is raising money by doing table and 1410 01:06:00,240 --> 01:06:02,040 Speaker 2: stuff and meeting to Cindra and all that sort of 1411 01:06:02,120 --> 01:06:04,120 Speaker 2: not it's it is what it is, isn't it. 1412 01:06:05,440 --> 01:06:06,360 Speaker 20: I guess it is what it is. 1413 01:06:07,160 --> 01:06:10,080 Speaker 15: It always gets a little bit harder depending on who's 1414 01:06:10,160 --> 01:06:12,720 Speaker 15: doing it, right, So if they're paying a large amount 1415 01:06:12,720 --> 01:06:14,920 Speaker 15: of money and if they're getting something out of it, 1416 01:06:15,080 --> 01:06:16,800 Speaker 15: so I guess that's the question you've got to take 1417 01:06:16,840 --> 01:06:18,920 Speaker 15: a look at, which sometimes ends up being looked at 1418 01:06:19,040 --> 01:06:21,760 Speaker 15: various bodies. That if they've asked for something, or if 1419 01:06:21,760 --> 01:06:24,760 Speaker 15: they're getting something like a decision, or if there's something 1420 01:06:24,840 --> 01:06:27,080 Speaker 15: coming as a result of that, that's when it gets tricky. 1421 01:06:27,120 --> 01:06:27,640 Speaker 17: But if they're just. 1422 01:06:27,680 --> 01:06:29,920 Speaker 15: Paying, you know, good on anyone who wants to pay 1423 01:06:29,960 --> 01:06:30,560 Speaker 15: ak tos. 1424 01:06:30,480 --> 01:06:31,000 Speaker 16: Next to Mark. 1425 01:06:31,800 --> 01:06:34,560 Speaker 15: But if you're really getting something out of it, like 1426 01:06:34,600 --> 01:06:37,400 Speaker 15: a policy decision change or something's happening as a result, 1427 01:06:37,720 --> 01:06:39,880 Speaker 15: I think that's when people would get a bit suspicious 1428 01:06:39,920 --> 01:06:41,160 Speaker 15: about whether it's kosure or not. 1429 01:06:41,360 --> 01:06:43,000 Speaker 2: A brief break More on the Mind with Junny Anderson, 1430 01:06:43,040 --> 01:06:44,440 Speaker 2: Marke Minchell, thirteen Past. 1431 01:06:45,000 --> 01:06:49,000 Speaker 1: The Mic Asking Breakfast full Show podcast on iHeart Radio, 1432 01:06:49,240 --> 01:06:50,640 Speaker 1: How It By News Talks. 1433 01:06:50,400 --> 01:06:53,240 Speaker 2: It Be News Talks will be sixteen past eight to 1434 01:06:53,400 --> 01:06:57,320 Speaker 2: Mike Mitchell, Guinny Anderson with us Jinny So Hipkins. City's 1435 01:06:57,360 --> 01:06:59,240 Speaker 2: not in government. It's not his job to come up 1436 01:06:59,280 --> 01:07:01,640 Speaker 2: with ideas. He hasn't come up with any ideas. What 1437 01:07:01,880 --> 01:07:05,480 Speaker 2: would you Can you in one, criticize what the government 1438 01:07:05,480 --> 01:07:07,960 Speaker 2: did yesterday if you haven't got any ideas of your own? 1439 01:07:08,280 --> 01:07:10,520 Speaker 2: And two have you got some ideas of your own? 1440 01:07:11,800 --> 01:07:11,960 Speaker 1: Well? 1441 01:07:11,960 --> 01:07:14,919 Speaker 15: I think he has said and generally what would happen 1442 01:07:15,000 --> 01:07:17,120 Speaker 15: in terms of what we've done in the past and 1443 01:07:17,720 --> 01:07:20,320 Speaker 15: what have you? And part of that was encouraging people 1444 01:07:20,440 --> 01:07:23,160 Speaker 15: to be pragmatic and work from home if they. 1445 01:07:23,120 --> 01:07:23,919 Speaker 18: Want to work from home. 1446 01:07:24,080 --> 01:07:27,560 Speaker 15: Look, we've done stuff in the past around public transport 1447 01:07:27,800 --> 01:07:30,640 Speaker 15: being subsidized and helping school kids also a transport that 1448 01:07:30,720 --> 01:07:33,880 Speaker 15: makes a big difference for the family. So you know, like, 1449 01:07:34,000 --> 01:07:36,840 Speaker 15: while he's right, it's not our job to come up 1450 01:07:36,880 --> 01:07:39,600 Speaker 15: to solutions. We have had solutions and we have discussed 1451 01:07:39,640 --> 01:07:42,760 Speaker 15: those and we've also provided some of those that this 1452 01:07:42,920 --> 01:07:44,680 Speaker 15: government has undone and taken away. 1453 01:07:45,040 --> 01:07:48,680 Speaker 2: Like would you have yesterday? Would you have materially done 1454 01:07:48,720 --> 01:07:49,440 Speaker 2: anything different? 1455 01:07:50,840 --> 01:07:53,240 Speaker 13: Well, I'm not the leader, But. 1456 01:07:55,400 --> 01:07:56,720 Speaker 2: Then you can't criticize it, can you? 1457 01:07:57,840 --> 01:08:01,000 Speaker 15: Well? I think there are questions raised by many people 1458 01:08:01,040 --> 01:08:03,560 Speaker 15: who have written to me overnight. Are who are pension 1459 01:08:03,640 --> 01:08:05,920 Speaker 15: is who are super innuitance? Are who are a students? 1460 01:08:05,920 --> 01:08:08,880 Speaker 15: Who who are people without there? You know, I think 1461 01:08:08,920 --> 01:08:10,800 Speaker 15: that these are the people that are writing to us 1462 01:08:10,880 --> 01:08:14,000 Speaker 15: saying I still can't afford to buy food. So, you know, 1463 01:08:14,200 --> 01:08:16,479 Speaker 15: I think I think it's good that they've done something 1464 01:08:16,560 --> 01:08:19,240 Speaker 15: to help some people. But I think the problem that's 1465 01:08:19,280 --> 01:08:21,880 Speaker 15: going to be faced is that many people who are 1466 01:08:21,960 --> 01:08:24,320 Speaker 15: still struggling to be able to afford to buy food 1467 01:08:24,720 --> 01:08:25,640 Speaker 15: haven't been able to. 1468 01:08:25,640 --> 01:08:27,800 Speaker 2: Receive would you give it the money? 1469 01:08:29,600 --> 01:08:31,400 Speaker 16: Look, I need to see the books. 1470 01:08:31,479 --> 01:08:33,040 Speaker 13: We need to under we know what the books are. 1471 01:08:33,120 --> 01:08:34,519 Speaker 2: We've got no money and we need. 1472 01:08:34,479 --> 01:08:34,880 Speaker 13: To see that. 1473 01:08:35,120 --> 01:08:37,160 Speaker 15: We need to see that at the budget to understand. 1474 01:08:37,479 --> 01:08:39,880 Speaker 15: So the government's committed to a debt level and this 1475 01:08:40,040 --> 01:08:42,519 Speaker 15: has taken them. I think it's about it three hundred 1476 01:08:42,600 --> 01:08:45,439 Speaker 15: million over a year. So we need to be clear. 1477 01:08:45,520 --> 01:08:48,240 Speaker 15: And that's Barbara Edmond's job. Her job is to look 1478 01:08:48,280 --> 01:08:50,320 Speaker 15: at all of the commitments the government has made and 1479 01:08:50,360 --> 01:08:51,120 Speaker 15: being able to fund them. 1480 01:08:51,280 --> 01:08:53,120 Speaker 2: I do worry if I was criticizing you at all, 1481 01:08:53,120 --> 01:08:55,280 Speaker 2: and I did mention it's Nicola Mark, is that I 1482 01:08:55,720 --> 01:08:57,680 Speaker 2: think this thing is not a thing. It's it's no 1483 01:08:57,760 --> 01:09:00,280 Speaker 2: one likes it, it's horrific, it'll be done. So and 1484 01:09:00,360 --> 01:09:02,240 Speaker 2: you pull the trigger on three hundred and seventy million 1485 01:09:02,240 --> 01:09:05,240 Speaker 2: dollars you don't have, and by August this is going 1486 01:09:05,320 --> 01:09:06,400 Speaker 2: to be in the rear vision mirror. 1487 01:09:07,680 --> 01:09:09,639 Speaker 12: Well, that's coming out of the operating rounds, so that's 1488 01:09:09,680 --> 01:09:11,880 Speaker 12: not new borrowing at all. We just had to as 1489 01:09:11,920 --> 01:09:14,120 Speaker 12: a government, as ministers, we just have to find more cuts, 1490 01:09:14,240 --> 01:09:16,160 Speaker 12: find the way to be able to pay for that. 1491 01:09:16,320 --> 01:09:18,760 Speaker 12: We will do that in a responsible way. But we felt, 1492 01:09:19,120 --> 01:09:21,120 Speaker 12: really felt very strongly that one hundred and forty three 1493 01:09:21,160 --> 01:09:24,640 Speaker 12: thousand working families with children, they are the ones that 1494 01:09:24,760 --> 01:09:28,160 Speaker 12: need that fifty dollars a week boost most. So it's 1495 01:09:28,280 --> 01:09:30,840 Speaker 12: very very targeted, it's very focused, which is what we 1496 01:09:30,960 --> 01:09:33,680 Speaker 12: have to be as a government. We're dealing with a 1497 01:09:33,880 --> 01:09:37,280 Speaker 12: serious global situation that is having a serious impact on 1498 01:09:37,479 --> 01:09:40,000 Speaker 12: every country around the world. We've got to be very clear, 1499 01:09:40,080 --> 01:09:42,080 Speaker 12: right and focused in terms of what we do to 1500 01:09:42,200 --> 01:09:45,080 Speaker 12: try and buffer ourselves as a country from that as 1501 01:09:45,120 --> 01:09:46,640 Speaker 12: best we can, and that is what we're doing. The 1502 01:09:47,160 --> 01:09:49,800 Speaker 12: choice is very clear. You go for a labor government again, 1503 01:09:49,840 --> 01:09:51,559 Speaker 12: you're going to They're going to put us right back 1504 01:09:51,600 --> 01:09:56,519 Speaker 12: in the same position. Big inflationary inflation will go back 1505 01:09:56,600 --> 01:09:59,200 Speaker 12: up to around seven eight percent again, interest rates will 1506 01:09:59,240 --> 01:10:01,479 Speaker 12: be back up, and you'll paying literally hundreds of dollars 1507 01:10:01,560 --> 01:10:04,120 Speaker 12: a week on those costs. Because they don't know how 1508 01:10:04,160 --> 01:10:07,519 Speaker 12: to do anything other than tax, borrow, and spend, and 1509 01:10:07,640 --> 01:10:10,400 Speaker 12: their spending is never targeted. They never have anything to 1510 01:10:10,439 --> 01:10:12,559 Speaker 12: show for it. And that's going to be our big 1511 01:10:12,680 --> 01:10:14,840 Speaker 12: challenge and our job in this coming election is to 1512 01:10:14,920 --> 01:10:15,640 Speaker 12: remind people of that. 1513 01:10:16,840 --> 01:10:19,120 Speaker 15: So what about So I'm just going to say, what 1514 01:10:19,280 --> 01:10:25,599 Speaker 15: what about workers? No result, I get it. Everyone finished 1515 01:10:29,840 --> 01:10:31,880 Speaker 15: their jobs yesterday. I mean they've got to try and 1516 01:10:32,000 --> 01:10:33,360 Speaker 15: get to work to find a job. 1517 01:10:33,400 --> 01:10:35,200 Speaker 19: You've got people who can't use customer. 1518 01:10:35,320 --> 01:10:38,120 Speaker 2: No one's arguing with you. It's just that where are 1519 01:10:38,160 --> 01:10:40,760 Speaker 2: you getting You either say we would pay the money 1520 01:10:40,920 --> 01:10:43,439 Speaker 2: and say it, or you say we don't have any money, 1521 01:10:43,479 --> 01:10:45,160 Speaker 2: therefore we can't afford to do It's one or the other. 1522 01:10:46,280 --> 01:10:48,559 Speaker 15: Well, when we when we get to see the box, 1523 01:10:48,600 --> 01:10:50,280 Speaker 15: which is at the budget time, we will come out 1524 01:10:50,320 --> 01:10:52,920 Speaker 15: with a full package of how things are funded. But 1525 01:10:53,040 --> 01:10:55,400 Speaker 15: I think there are many many New Zealanders who looked 1526 01:10:55,400 --> 01:10:56,880 Speaker 15: at that and said it's just not going to help 1527 01:10:56,960 --> 01:10:57,559 Speaker 15: me one day. 1528 01:10:58,280 --> 01:11:01,960 Speaker 12: Are completely devoid of completely, devoid of ideas. All they 1529 01:11:02,040 --> 01:11:04,880 Speaker 12: know how to do is their default setting is to tax, 1530 01:11:05,200 --> 01:11:06,200 Speaker 12: borrow and spend. 1531 01:11:06,640 --> 01:11:07,120 Speaker 8: That is it. 1532 01:11:07,680 --> 01:11:10,400 Speaker 1: And yes, we're in a very tough situation. You guys. 1533 01:11:10,840 --> 01:11:14,200 Speaker 12: You've got no ideas, you've got no policy. We're just 1534 01:11:14,240 --> 01:11:15,800 Speaker 12: going to get on with it as a government and 1535 01:11:15,880 --> 01:11:17,439 Speaker 12: we're going to do what we have to do to guests. 1536 01:11:19,400 --> 01:11:22,200 Speaker 15: So so one last thing, some of that spending that 1537 01:11:22,320 --> 01:11:25,000 Speaker 15: you said was you know, exorbitant. Chris Bishop will be 1538 01:11:25,080 --> 01:11:28,160 Speaker 15: cutting the ribbon on a couple of local infrastructure projects 1539 01:11:28,200 --> 01:11:32,200 Speaker 15: over the next couple of years COVID funding that's paid for. 1540 01:11:32,320 --> 01:11:34,680 Speaker 15: That's what you said was wasteful spending. And you've got 1541 01:11:34,720 --> 01:11:39,000 Speaker 15: the minister who's also the local MP ribbon on that 1542 01:11:39,120 --> 01:11:40,719 Speaker 15: wasteful on that wasteful spending. 1543 01:11:40,880 --> 01:11:43,679 Speaker 1: Quick, quick word, lives can't deliver infrastructure. 1544 01:11:43,120 --> 01:11:48,960 Speaker 2: Okay, quick Karen Leone, Ginny Karen Leoni. So she doesn't. 1545 01:11:49,040 --> 01:11:51,200 Speaker 2: She runs for the mayor of Auckland, losers badly. Then 1546 01:11:51,240 --> 01:11:53,240 Speaker 2: the next thing she's coming to the Labor party is 1547 01:11:53,280 --> 01:11:54,200 Speaker 2: she is she any good? 1548 01:11:54,200 --> 01:11:54,400 Speaker 8: Do you know? 1549 01:11:56,080 --> 01:11:58,080 Speaker 15: I haven't met it personally here she's good? 1550 01:11:58,160 --> 01:11:58,800 Speaker 19: She whoops hard. 1551 01:11:59,160 --> 01:12:02,400 Speaker 15: We're looking forward to having a tight contest in that area. 1552 01:12:03,240 --> 01:12:05,560 Speaker 15: So yeah, she'll be good, be interesting. It's nice to 1553 01:12:05,640 --> 01:12:08,000 Speaker 15: have young people who are eager and wanting to stand 1554 01:12:08,040 --> 01:12:10,719 Speaker 15: for labor and run a strong campaign in that area. 1555 01:12:10,920 --> 01:12:13,440 Speaker 2: Speaking of Whichbrook van Veld and Mark your observations. 1556 01:12:15,000 --> 01:12:17,200 Speaker 12: I've got enormous respect for her. I mean I've worked 1557 01:12:17,240 --> 01:12:20,160 Speaker 12: closely with her in Kebinet and and you know, I 1558 01:12:20,240 --> 01:12:24,360 Speaker 12: think she's been outstanding. She's a real conviction politician. But 1559 01:12:24,479 --> 01:12:26,000 Speaker 12: I wish her all the best. She's a young lady 1560 01:12:26,000 --> 01:12:27,320 Speaker 12: and she wants to go and do some other things, 1561 01:12:27,320 --> 01:12:28,160 Speaker 12: and I completely get it. 1562 01:12:28,240 --> 01:12:32,000 Speaker 2: What do you reckon, Jinny? Yeah, I've been interested to know. 1563 01:12:32,000 --> 01:12:33,519 Speaker 15: Why she's leaving. It's always, you know, when you have 1564 01:12:33,560 --> 01:12:38,160 Speaker 15: those emergency press you know, quick quick press conference, there's 1565 01:12:38,160 --> 01:12:39,200 Speaker 15: always something else going on. 1566 01:12:41,240 --> 01:12:42,599 Speaker 2: Did you watch the press conference? 1567 01:12:42,840 --> 01:12:43,400 Speaker 11: Did you watch the. 1568 01:12:45,600 --> 01:12:46,920 Speaker 15: Decided to do something else? 1569 01:12:48,439 --> 01:12:52,439 Speaker 2: Did you watch the press conferences? Today? She said, she said, 1570 01:12:52,640 --> 01:12:55,200 Speaker 2: you've got to take a woman at her word. Why 1571 01:12:55,280 --> 01:12:55,840 Speaker 2: don't you do that? 1572 01:12:57,600 --> 01:12:58,000 Speaker 16: Will I do? 1573 01:12:58,240 --> 01:13:01,000 Speaker 15: And since you've seen Dad Mark, Mike, I think she's 1574 01:13:01,720 --> 01:13:03,760 Speaker 15: a young woman with a lot of potential, and I'm 1575 01:13:03,760 --> 01:13:05,840 Speaker 15: sure she can work short out take more in the 1576 01:13:05,880 --> 01:13:07,720 Speaker 15: private sector and it would be better. You know, maybe 1577 01:13:07,800 --> 01:13:10,080 Speaker 15: she wants to have a life that's a bit more balanced. 1578 01:13:12,080 --> 01:13:15,439 Speaker 2: Well done, well done, congratulations better than the Greens last 1579 01:13:15,479 --> 01:13:17,240 Speaker 2: night you see the greens are and she had dance 1580 01:13:17,280 --> 01:13:22,799 Speaker 2: and Yenchi did that gonna mess up? Miserable Jinny Anderson, 1581 01:13:22,840 --> 01:13:26,000 Speaker 2: Mark Mitchell Politics, Wednesday eight twenty two, The. 1582 01:13:26,200 --> 01:13:29,720 Speaker 1: Mike Hosking Breakfast with Ranger of a Sport sv Neus 1583 01:13:29,800 --> 01:13:30,360 Speaker 1: togs end V. 1584 01:13:31,120 --> 01:13:33,560 Speaker 2: Now there's a strong link between hearing and memory that 1585 01:13:33,960 --> 01:13:36,559 Speaker 2: more people are starting to understand. So when hearing declines, 1586 01:13:36,600 --> 01:13:38,280 Speaker 2: the brain's got to work harder, right, just to follow 1587 01:13:38,360 --> 01:13:41,000 Speaker 2: conversations constantly filling those gaps. Trying to keep up. That 1588 01:13:41,080 --> 01:13:43,960 Speaker 2: extra effort is what research is called cognitive load. So 1589 01:13:44,080 --> 01:13:47,240 Speaker 2: the load comes at a cost. Basically, it's pulling resources 1590 01:13:47,240 --> 01:13:49,800 Speaker 2: away from memory, focus and thinking. Clearly, it's why people 1591 01:13:50,040 --> 01:13:53,280 Speaker 2: often feel mentally drained or forgetful, when in reality it's 1592 01:13:53,360 --> 01:13:55,160 Speaker 2: just the brain that's working over time to hear. So 1593 01:13:55,280 --> 01:13:58,760 Speaker 2: Resonate helps ear three sixty. This is their assessment looks 1594 01:13:58,800 --> 01:14:01,800 Speaker 2: at all as properly, it's compreheno hearing assessment looks across 1595 01:14:01,840 --> 01:14:05,000 Speaker 2: a wide pitch range, explores how you're hearing maybe affecting 1596 01:14:05,080 --> 01:14:07,599 Speaker 2: day to day life tests, how well you understand speech, 1597 01:14:07,720 --> 01:14:11,639 Speaker 2: especially annoisy environment. So it also looks at links to sleep, memory, 1598 01:14:11,720 --> 01:14:14,400 Speaker 2: balance and tenatus. And if you mention mention my name, 1599 01:14:14,479 --> 01:14:17,200 Speaker 2: my name is Mike when booking, you get fifty percent 1600 01:14:17,280 --> 01:14:20,479 Speaker 2: off half price. Simple as that ERE three sixty is 1601 01:14:20,520 --> 01:14:22,559 Speaker 2: what you're after. I eight hundred and seven three seven 1602 01:14:22,640 --> 01:14:23,240 Speaker 2: sixty six two. 1603 01:14:23,280 --> 01:14:23,640 Speaker 9: You got it. 1604 01:14:24,040 --> 01:14:27,120 Speaker 2: I eight hundred seven three seven sixty six two. Resonatehealth 1605 01:14:27,320 --> 01:14:35,600 Speaker 2: dot co dot n z pasking scandalate scandalate. Erica Stanford's 1606 01:14:35,600 --> 01:14:38,360 Speaker 2: in trouble. Ooh, she's in trouble. So she sends out 1607 01:14:38,360 --> 01:14:43,479 Speaker 2: an email to Principles talking about this new tool for students, 1608 01:14:43,560 --> 01:14:46,439 Speaker 2: new assessment tool for students. And she sends it out 1609 01:14:46,439 --> 01:14:48,639 Speaker 2: to all the Principles and the primary says and says, 1610 01:14:48,760 --> 01:14:51,960 Speaker 2: go click on the link. In the link is the 1611 01:14:52,160 --> 01:14:54,640 Speaker 2: trouble and I'll tell you more about that in just 1612 01:14:54,640 --> 01:14:57,360 Speaker 2: a couple of moments. Free Trade Deal signed off yesterday. 1613 01:14:58,240 --> 01:15:02,200 Speaker 2: Prosheko FETA luxury cars, not enough beef according to the 1614 01:15:02,240 --> 01:15:06,600 Speaker 2: Australian Farmers it's Australia and eu FTA time. Get the 1615 01:15:06,720 --> 01:15:08,800 Speaker 2: details from Steve Price in a couple of moments after 1616 01:15:08,840 --> 01:15:10,880 Speaker 2: the news, which is next to reduce talks EDB. 1617 01:15:16,960 --> 01:15:20,439 Speaker 1: Tough on power, sharp on insight, on my casting, Breakfast 1618 01:15:20,680 --> 01:15:25,080 Speaker 1: with Bailey's real estate, altogether better across residential, commercial and 1619 01:15:25,280 --> 01:15:26,759 Speaker 1: rural news talks ed Bah. 1620 01:15:26,760 --> 01:15:28,240 Speaker 2: They're trying to make a thing of this. I don't 1621 01:15:28,280 --> 01:15:32,040 Speaker 2: think it is so anyway. Stanford, Erica, Minister of Education. 1622 01:15:32,360 --> 01:15:35,519 Speaker 2: She sends out an email Urg's principles to show their teachers. 1623 01:15:35,560 --> 01:15:38,920 Speaker 2: A promotional video published by the National Party's YouTube channel. 1624 01:15:38,960 --> 01:15:42,360 Speaker 2: The scandal is the National Party's YouTube channel. The claim 1625 01:15:42,439 --> 01:15:45,400 Speaker 2: is it's completely inappropriate to use government resources to promote 1626 01:15:45,400 --> 01:15:46,120 Speaker 2: party content. 1627 01:15:46,240 --> 01:15:46,400 Speaker 12: Now. 1628 01:15:47,760 --> 01:15:50,320 Speaker 2: The thing is, it's the assessment taught, this new assessment 1629 01:15:50,360 --> 01:15:52,920 Speaker 2: they're running, So it is a video about the assessment 1630 01:15:53,000 --> 01:15:55,840 Speaker 2: and how the assessment works. So that's relevant. This is 1631 01:15:55,880 --> 01:15:58,960 Speaker 2: the progress in reading, writing maths, so that bit's relevant. 1632 01:15:59,400 --> 01:16:02,200 Speaker 2: What is problematic? If you want to get into the 1633 01:16:02,280 --> 01:16:04,479 Speaker 2: weeds and try and find a story, Here is the 1634 01:16:04,720 --> 01:16:08,920 Speaker 2: video link what smart will mean in the classroom and 1635 01:16:08,960 --> 01:16:12,720 Speaker 2: how it can support teaching and learning. The link is 1636 01:16:12,800 --> 01:16:16,240 Speaker 2: the National Party's YouTube channel, and a short video of 1637 01:16:16,439 --> 01:16:21,040 Speaker 2: Stanford facing the camera and explaining the tool. It's also 1638 01:16:21,240 --> 01:16:23,719 Speaker 2: once you're on the link offering you videos of Christoph 1639 01:16:23,800 --> 01:16:25,960 Speaker 2: Luxen and Nikola Willis, so it starts to look a 1640 01:16:26,000 --> 01:16:30,120 Speaker 2: bit party ESK. So the claim is it's completely inappropriate 1641 01:16:30,160 --> 01:16:33,200 Speaker 2: for a minister to use Ministry of Education contact lists 1642 01:16:33,320 --> 01:16:36,720 Speaker 2: i e. Emailing to the schools and government resources to 1643 01:16:36,800 --> 01:16:40,720 Speaker 2: distribute National Party. They're not distributing National Party, they're distributing 1644 01:16:40,920 --> 01:16:44,479 Speaker 2: government policy. But the link is the National Party. So 1645 01:16:44,520 --> 01:16:46,439 Speaker 2: if you want to get exercised about that, I suppose 1646 01:16:46,479 --> 01:16:48,200 Speaker 2: you can twenty two minutes away from. 1647 01:16:48,120 --> 01:16:52,439 Speaker 1: Nine International Correspondence with ends and eye insurance Peace of 1648 01:16:52,520 --> 01:16:53,840 Speaker 1: mind for New Zealand Business. 1649 01:16:53,960 --> 01:16:57,720 Speaker 2: Steve Price, good morning, hello there, leader of Leader of 1650 01:16:57,720 --> 01:16:59,240 Speaker 2: the ninety eight. How much at your place? 1651 01:17:00,640 --> 01:17:04,360 Speaker 17: Well, I've been keeping topping up and the last time 1652 01:17:04,400 --> 01:17:08,840 Speaker 17: I did so it was two dollars and eighty to 1653 01:17:09,000 --> 01:17:11,720 Speaker 17: round it out, probably two seventy nine point nine and 1654 01:17:11,880 --> 01:17:14,920 Speaker 17: diesel as well over that now, so we're right up 1655 01:17:14,960 --> 01:17:18,800 Speaker 17: there and it's not looking like dropping anytime soon. We 1656 01:17:18,960 --> 01:17:23,479 Speaker 17: had the Federal Treasurer Jim Charmers, had a closed door 1657 01:17:23,520 --> 01:17:27,479 Speaker 17: meeting with one hundred business leaders last night and he's 1658 01:17:27,520 --> 01:17:30,920 Speaker 17: warned them behind if he'd warned the rest of us 1659 01:17:31,680 --> 01:17:34,639 Speaker 17: the economic impact of the Middle East War and particularly 1660 01:17:34,680 --> 01:17:37,800 Speaker 17: the straits of Normal's closure, could be worse than the 1661 01:17:37,920 --> 01:17:42,599 Speaker 17: impact of the global financial crunch and COVID. Now that's 1662 01:17:42,680 --> 01:17:45,439 Speaker 17: not what they say when they're in Parliament answering questions 1663 01:17:45,479 --> 01:17:48,120 Speaker 17: in question time. They're still trying to hose down any 1664 01:17:48,320 --> 01:17:50,640 Speaker 17: thought that this is going to get worse before it 1665 01:17:50,680 --> 01:17:53,719 Speaker 17: gets better. But he's admitted that inflations had to toward 1666 01:17:53,760 --> 01:17:57,479 Speaker 17: five percent, So unlike most other countries, including yours, before 1667 01:17:57,520 --> 01:18:00,799 Speaker 17: this happened, we were already on a path higher inflation. 1668 01:18:00,960 --> 01:18:02,960 Speaker 17: What does that mean? Will It means higher interest rates, 1669 01:18:03,040 --> 01:18:05,519 Speaker 17: of course, and it means the cost of everything is 1670 01:18:05,560 --> 01:18:07,240 Speaker 17: going to go through the roof. I mean this country 1671 01:18:07,320 --> 01:18:10,760 Speaker 17: runs on diesel, where a massive country, huge distance has 1672 01:18:10,800 --> 01:18:13,640 Speaker 17: traveled every day. I think I read yesterday that the 1673 01:18:13,760 --> 01:18:17,360 Speaker 17: daily movement of heavy vehicles that means semi trailers up 1674 01:18:17,400 --> 01:18:19,599 Speaker 17: and down the hum Highway between Sydney and Melbourne's four 1675 01:18:19,640 --> 01:18:23,160 Speaker 17: thousand trucks a day. Now they've got to run on diesel. 1676 01:18:23,200 --> 01:18:25,679 Speaker 17: They can't run electric as they don't have electric cars. 1677 01:18:26,280 --> 01:18:28,679 Speaker 17: Chris Bowen got up in question time. He said, fifty 1678 01:18:28,760 --> 01:18:33,400 Speaker 17: five further stations where out diesel in Queensland thirty five 1679 01:18:33,479 --> 01:18:35,920 Speaker 17: had no one letters to give you a rough idea. 1680 01:18:36,439 --> 01:18:40,160 Speaker 17: New South Wales exploded in the last twenty four hours. 1681 01:18:40,200 --> 01:18:43,720 Speaker 17: There are two hundred and eighty nine petro stations out 1682 01:18:43,760 --> 01:18:46,679 Speaker 17: of at least one kind of fuel, up from thirty 1683 01:18:46,800 --> 01:18:49,080 Speaker 17: seven that he told the House on Monday. So that 1684 01:18:49,200 --> 01:18:51,920 Speaker 17: shows you how quickly this thing is developing. So what 1685 01:18:52,000 --> 01:18:53,639 Speaker 17: are they going to do While they say, oh, well, 1686 01:18:53,680 --> 01:18:57,679 Speaker 17: if there's any petrol ripoffs, the authorities will find people 1687 01:18:57,760 --> 01:19:01,920 Speaker 17: that won't happen. They won't knock off the X size. 1688 01:19:02,080 --> 01:19:05,400 Speaker 17: And then we've so far apart from Christopher Men's in 1689 01:19:05,520 --> 01:19:07,880 Speaker 17: New South Wales not mentioned the rationing word. 1690 01:19:08,360 --> 01:19:10,519 Speaker 2: No, indeed not Now. What I found interesting about that 1691 01:19:10,600 --> 01:19:12,400 Speaker 2: somebody I can't remember that it could have been Men's 1692 01:19:12,439 --> 01:19:15,920 Speaker 2: actually was saying, what we want is a national federal 1693 01:19:16,040 --> 01:19:18,360 Speaker 2: response to this of rationing comes and we don't want 1694 01:19:18,360 --> 01:19:21,840 Speaker 2: to piecemeal COVID nonsense where different borders mean different rules. 1695 01:19:22,000 --> 01:19:24,800 Speaker 2: And have they got to that bit yet or too early? 1696 01:19:25,560 --> 01:19:28,040 Speaker 17: Well, National Cabinet sat last Friday, so that's one moved 1697 01:19:28,080 --> 01:19:30,639 Speaker 17: toward that. You're right, it was Christopher Mint who said 1698 01:19:30,680 --> 01:19:36,040 Speaker 17: that Interestingly, it wasn't the Victorian Premier. I've just written 1699 01:19:36,080 --> 01:19:40,160 Speaker 17: a column. I'm completely triggered by this because as of 1700 01:19:40,280 --> 01:19:44,600 Speaker 17: this weekend, six years ago Australia shut its borders and 1701 01:19:44,760 --> 01:19:47,679 Speaker 17: that's when COVID hit and on Monday, it's six years 1702 01:19:47,720 --> 01:19:51,479 Speaker 17: ago to the day that Victoria went into its first 1703 01:19:51,560 --> 01:19:55,439 Speaker 17: lockdown of one hundred and eleven days. So that's where 1704 01:19:55,520 --> 01:19:57,920 Speaker 17: we're at and it's all very disturbing. 1705 01:19:58,280 --> 01:20:00,639 Speaker 2: Yeah, exactly that. By the way, before i've again, Ursula 1706 01:20:00,800 --> 01:20:03,000 Speaker 2: was talking to the Parliament yesterday and Juson from the 1707 01:20:03,080 --> 01:20:06,000 Speaker 2: EU and you signed that FTA. I know the farmers 1708 01:20:06,080 --> 01:20:09,960 Speaker 2: wanted more beef, but that aside hasn't been seen as good. 1709 01:20:11,200 --> 01:20:13,479 Speaker 17: Farmers are filthy, they said, the rather would have walked 1710 01:20:13,479 --> 01:20:15,920 Speaker 17: away from that deal and signed it. You talk about beef. 1711 01:20:17,360 --> 01:20:20,679 Speaker 17: Every person from the National Farmers Federation I saw last 1712 01:20:20,760 --> 01:20:24,080 Speaker 17: night talking about this was winging about how much a 1713 01:20:24,160 --> 01:20:26,840 Speaker 17: lamb you guys get to put into the EU compared 1714 01:20:26,880 --> 01:20:29,680 Speaker 17: to US. I can't remember the exact figure, but you've got, 1715 01:20:29,800 --> 01:20:33,400 Speaker 17: like I know, ten times more New Zealand lamb goes 1716 01:20:33,439 --> 01:20:36,479 Speaker 17: there than the Australian lamb. So the meat producers in 1717 01:20:36,600 --> 01:20:39,240 Speaker 17: particular are filthy about that and would not have signed 1718 01:20:39,280 --> 01:20:40,559 Speaker 17: that deal if they'd known what it's going. 1719 01:20:40,520 --> 01:20:40,800 Speaker 1: To be like. 1720 01:20:40,920 --> 01:20:44,479 Speaker 2: That interesting, Pauline's got to pay rise a one hundred 1721 01:20:44,520 --> 01:20:45,120 Speaker 2: thousand dollars. 1722 01:20:46,000 --> 01:20:47,479 Speaker 17: Yeah, it's gone up to three hundred and forty one 1723 01:20:47,520 --> 01:20:50,639 Speaker 17: thousand from the base of two forty. This is because 1724 01:20:51,240 --> 01:20:53,680 Speaker 17: Barnaby Joyce affected there. They now considered to be an 1725 01:20:53,720 --> 01:20:56,559 Speaker 17: official minor party. That means they will get more starff. 1726 01:20:57,800 --> 01:21:01,320 Speaker 17: But Pauline, in response to the one hundred thousand dollars 1727 01:21:01,360 --> 01:21:05,040 Speaker 17: pay right, I said, well, I'm very busy now. A 1728 01:21:05,160 --> 01:21:09,760 Speaker 17: lot of people contact me, particularly people from other countries overseas. 1729 01:21:10,200 --> 01:21:14,679 Speaker 17: You've got a drum roll there. Ambassadors have been ringing 1730 01:21:14,760 --> 01:21:19,559 Speaker 17: me up asking for meetings, including drum Roll, the UAE 1731 01:21:20,000 --> 01:21:21,719 Speaker 17: and New Zealand. 1732 01:21:22,360 --> 01:21:24,759 Speaker 2: What who was the person who called her from New Zealand? 1733 01:21:24,800 --> 01:21:26,560 Speaker 2: Give me a name and I'll chase them down. Was 1734 01:21:26,560 --> 01:21:28,880 Speaker 2: it Winston Peace? So find out if as Winston Peters 1735 01:21:29,080 --> 01:21:30,040 Speaker 2: Winston Peters. 1736 01:21:31,080 --> 01:21:33,680 Speaker 17: It says ambassador, who's your ambassador to Australia. You and 1737 01:21:33,720 --> 01:21:34,920 Speaker 17: I probably don't even know who that is? 1738 01:21:35,200 --> 01:21:37,360 Speaker 2: Well, it wasn't it King, And I think unless she's 1739 01:21:37,400 --> 01:21:40,360 Speaker 2: been moved on and I'd be astonished if Ant King 1740 01:21:40,680 --> 01:21:43,320 Speaker 2: was ringing Pauline Hanson. 1741 01:21:44,000 --> 01:21:45,519 Speaker 1: There you go, hey direct quote. 1742 01:21:45,720 --> 01:21:48,200 Speaker 2: Yeah, all right, your mates at the mates at the 1743 01:21:48,240 --> 01:21:49,719 Speaker 2: ABC not going to work today. 1744 01:21:50,200 --> 01:21:52,519 Speaker 17: Oh my god, can you believe this? So the ABC 1745 01:21:52,680 --> 01:21:55,360 Speaker 17: is going to go and strike starts at eleven o'clock 1746 01:21:55,400 --> 01:21:59,360 Speaker 17: this morning. There'll be no seven thirty report tonight. That's 1747 01:21:59,400 --> 01:22:01,880 Speaker 17: going to be a replace by hard Quiz. Now the 1748 01:22:02,000 --> 01:22:04,280 Speaker 17: thing I'll be interested in how well will it rate 1749 01:22:04,439 --> 01:22:06,800 Speaker 17: compared to the seventh third report? Hard Quiz will go 1750 01:22:06,960 --> 01:22:10,160 Speaker 17: through the roof so they'll have a bigger audience today. 1751 01:22:10,200 --> 01:22:13,280 Speaker 17: They won't have any people working for bigger audience. They've 1752 01:22:13,320 --> 01:22:13,680 Speaker 17: said no. 1753 01:22:13,880 --> 01:22:14,519 Speaker 12: Now, listen to this. 1754 01:22:14,800 --> 01:22:18,439 Speaker 17: In these economic times, the staff at the ABC, a 1755 01:22:18,600 --> 01:22:23,639 Speaker 17: billion dollar funded taxpayer organization, said no to a ten 1756 01:22:23,680 --> 01:22:26,720 Speaker 17: percent pay rise over three years and a one off 1757 01:22:26,800 --> 01:22:30,080 Speaker 17: one thousand dollar bonus. Now, while you'd be paying them 1758 01:22:30,080 --> 01:22:32,639 Speaker 17: a one thousand dollar bonus, I've got no idea. It's 1759 01:22:32,680 --> 01:22:36,879 Speaker 17: the first strike in twenty years. It'll hit television and radio. 1760 01:22:37,360 --> 01:22:38,680 Speaker 17: So what do you think they're going to play on 1761 01:22:38,920 --> 01:22:42,880 Speaker 17: radio often? You should have offered to be networked into 1762 01:22:42,920 --> 01:22:46,400 Speaker 17: Sydney this morning. The BBC they're going to play the 1763 01:22:46,479 --> 01:22:50,400 Speaker 17: BBC on radio around the country and relieve us of 1764 01:22:50,479 --> 01:22:53,880 Speaker 17: having to listen to the ABC as it stands today. 1765 01:22:54,120 --> 01:22:56,760 Speaker 2: Andrew Needs is the man's name, so Eni King. She 1766 01:22:56,920 --> 01:22:59,639 Speaker 2: was a former politician, high ranking labor politician, so she's 1767 01:22:59,640 --> 01:23:02,960 Speaker 2: obviously retired. Andrew Needs is obviously a diplomatic life because 1768 01:23:03,000 --> 01:23:05,200 Speaker 2: I've never heard of him. Hey, just quickly, speaking of 1769 01:23:05,240 --> 01:23:08,639 Speaker 2: the media we're doing, because we're in the media, we're obsessed. 1770 01:23:08,680 --> 01:23:11,759 Speaker 2: Of course, I cannot unless they've got something up their sleeve. 1771 01:23:11,800 --> 01:23:15,760 Speaker 2: I don't know about. How does ARN win a guy 1772 01:23:15,840 --> 01:23:19,240 Speaker 2: who wants to go back to work to fulfill his contract. 1773 01:23:20,040 --> 01:23:22,200 Speaker 2: How do they win that case not end up writing 1774 01:23:22,240 --> 01:23:24,400 Speaker 2: a massive check to Kyle Sanderlan's. 1775 01:23:24,439 --> 01:23:26,240 Speaker 17: Well, I can't. I mean, it's going to have to 1776 01:23:26,280 --> 01:23:29,639 Speaker 17: be settled where and he has said and he doesn't 1777 01:23:29,640 --> 01:23:32,840 Speaker 17: need the money, clearly that he'll only settle for the 1778 01:23:32,920 --> 01:23:35,519 Speaker 17: full eighty eight million dollars that he's done on that 1779 01:23:35,720 --> 01:23:39,599 Speaker 17: contract that's been torn up as we spoke about on Monday, 1780 01:23:39,640 --> 01:23:42,519 Speaker 17: I mean what he talked about with his then on 1781 01:23:42,680 --> 01:23:46,240 Speaker 17: air partner that created ARN to rip up her contract 1782 01:23:46,280 --> 01:23:48,360 Speaker 17: and tell him get off air for two weeks and 1783 01:23:48,439 --> 01:23:50,640 Speaker 17: explain to us why you've done what you've done. There 1784 01:23:50,720 --> 01:23:53,920 Speaker 17: is one thousand and four hundred worse examples of what 1785 01:23:54,120 --> 01:23:56,439 Speaker 17: he has said to Jackie O over the last twenty 1786 01:23:56,520 --> 01:24:00,120 Speaker 17: years that they haven't told him to get out. As 1787 01:24:00,120 --> 01:24:02,000 Speaker 17: I pointed out on Monday, there's a censor sitting in 1788 01:24:02,040 --> 01:24:03,880 Speaker 17: there with a finger on a button that didn't push it. 1789 01:24:04,280 --> 01:24:06,280 Speaker 2: But if you're going to write a check anyway, and 1790 01:24:06,400 --> 01:24:08,120 Speaker 2: we're right and they can't win, and you're going to 1791 01:24:08,160 --> 01:24:09,679 Speaker 2: have to write the check, why isn't he on the radio? 1792 01:24:09,720 --> 01:24:11,320 Speaker 2: Why do not make him work, work for living where 1793 01:24:11,320 --> 01:24:12,800 Speaker 2: he wants to be well. 1794 01:24:12,880 --> 01:24:15,240 Speaker 17: He rates the number one in Sydney. Wouldn't you think 1795 01:24:15,280 --> 01:24:17,560 Speaker 17: that you'd want to put him back on weird? A 1796 01:24:17,640 --> 01:24:20,880 Speaker 17: story is just a bungle from the day one man. 1797 01:24:21,040 --> 01:24:24,160 Speaker 2: We'll see you next week, Steve Price out of Australia, Mike, 1798 01:24:24,240 --> 01:24:25,880 Speaker 2: I'll come back to this. This is important. My daughter 1799 01:24:25,960 --> 01:24:29,000 Speaker 2: lives and works in Qatar. Yesterday she told me everyone 1800 01:24:29,280 --> 01:24:31,519 Speaker 2: was back at work, kids to school, swimming pools open. 1801 01:24:31,600 --> 01:24:33,120 Speaker 2: Let me come back in just a moment. Fourteen to two. 1802 01:24:34,479 --> 01:24:38,880 Speaker 1: The Hike Asking Breakfast Full Show podcast on iHeartRadio, powered 1803 01:24:38,920 --> 01:24:39,920 Speaker 1: by News Talks. 1804 01:24:39,640 --> 01:24:42,840 Speaker 2: At be Hey, Mike, big debate over fuel subsidies for 1805 01:24:42,880 --> 01:24:44,840 Speaker 2: low income families. Why is it not possible for the 1806 01:24:44,880 --> 01:24:46,800 Speaker 2: government to cap the price of fuel New Zealand wide. 1807 01:24:46,840 --> 01:24:48,760 Speaker 2: Everyone's a winner, Yep, everyone is a winner. And I 1808 01:24:48,920 --> 01:24:50,880 Speaker 2: pointed that out earlier on in the program. So everyone 1809 01:24:50,920 --> 01:24:53,000 Speaker 2: who drives a Ferrari gets a nice cheap gas. What's 1810 01:24:53,040 --> 01:24:54,680 Speaker 2: the point of that. We don't have any money. We 1811 01:24:54,920 --> 01:25:00,280 Speaker 2: don't have any money, Mike. Based on two hundred k's week, 1812 01:25:00,400 --> 01:25:02,760 Speaker 2: which is a lot, and a fuel usage of six 1813 01:25:02,880 --> 01:25:05,559 Speaker 2: litres per hundred in petrol going from about two sixty 1814 01:25:05,600 --> 01:25:08,280 Speaker 2: to about three point thirty, an increase of seventy cents, 1815 01:25:08,280 --> 01:25:10,080 Speaker 2: the cost per week is eight dollars forty. It's a 1816 01:25:10,120 --> 01:25:11,639 Speaker 2: big coffee. It's there. 1817 01:25:11,720 --> 01:25:11,920 Speaker 1: Is that. 1818 01:25:12,200 --> 01:25:13,960 Speaker 2: That's what I'm trying to say. It's the people who 1819 01:25:13,960 --> 01:25:16,439 Speaker 2: are paying the price here. It's not the cost of 1820 01:25:16,520 --> 01:25:19,680 Speaker 2: the petrol. It's the cost of the distance. And it's 1821 01:25:19,720 --> 01:25:22,000 Speaker 2: only when you do distance that it becomes a problem 1822 01:25:22,080 --> 01:25:24,960 Speaker 2: for you. Mark Mitchell has sent me a photo of 1823 01:25:25,120 --> 01:25:27,680 Speaker 2: himself and the Prime Minister at Makers and yes, all 1824 01:25:27,720 --> 01:25:29,880 Speaker 2: the women were listening, as it turns out, so they're 1825 01:25:29,920 --> 01:25:32,720 Speaker 2: all in trouble from the photo and I hope I'm 1826 01:25:32,760 --> 01:25:37,160 Speaker 2: not getting too many things away here. Mark, to be fair, 1827 01:25:37,200 --> 01:25:40,920 Speaker 2: in his defense, appears to have one large fries and 1828 01:25:41,080 --> 01:25:45,840 Speaker 2: a burger and a drink. The Prime Minister, however, has 1829 01:25:45,960 --> 01:25:49,719 Speaker 2: two burgers and fries and a drink. 1830 01:25:50,360 --> 01:25:52,920 Speaker 20: Ah See, I thought he was going to stop. You're 1831 01:25:52,960 --> 01:25:54,760 Speaker 20: going to stop at two burgers, and I think, oh, 1832 01:25:54,880 --> 01:25:57,719 Speaker 20: you know, fries, because it's the fries and the drink, 1833 01:25:58,080 --> 01:25:59,200 Speaker 20: fries and the drink that's a killer. 1834 01:25:59,560 --> 01:25:59,720 Speaker 8: Mike. 1835 01:25:59,800 --> 01:26:02,160 Speaker 2: My daughter lives and works in Qatar. The reason I 1836 01:26:02,400 --> 01:26:04,600 Speaker 2: come back to that is life in that part of 1837 01:26:04,640 --> 01:26:06,959 Speaker 2: the world, believe it or not, is normal or normalish. 1838 01:26:07,960 --> 01:26:09,679 Speaker 2: We know a person who is going back to Iraq 1839 01:26:09,720 --> 01:26:13,240 Speaker 2: for a holiday. She's from Iraq. She went the other 1840 01:26:13,360 --> 01:26:15,040 Speaker 2: day and she goes, we go where you're going. She goes, 1841 01:26:15,040 --> 01:26:17,599 Speaker 2: I'm going home, I said to Iraq. She goes, yes, 1842 01:26:17,960 --> 01:26:22,559 Speaker 2: I said Iraq, and she goes yeah. So anyway, first 1843 01:26:22,600 --> 01:26:26,679 Speaker 2: flight was canceled, so she rebooked, second flight was canceled. 1844 01:26:26,760 --> 01:26:29,920 Speaker 2: Third flight she got there. Life in Iraq is perfectly normal, 1845 01:26:30,080 --> 01:26:31,479 Speaker 2: and in that part of the world. You've got to 1846 01:26:31,520 --> 01:26:33,840 Speaker 2: understand how big that part of the world is, how 1847 01:26:34,000 --> 01:26:37,120 Speaker 2: much of that part of the world is primarily untouched 1848 01:26:37,200 --> 01:26:39,600 Speaker 2: by war or conflict, and of course you've got to 1849 01:26:39,640 --> 01:26:42,920 Speaker 2: have the background understanding that it is the Middle East anyway, 1850 01:26:43,360 --> 01:26:45,920 Speaker 2: and people view life and normality of life in a 1851 01:26:46,000 --> 01:26:49,080 Speaker 2: completely different way than we do. And if you follow 1852 01:26:49,120 --> 01:26:52,640 Speaker 2: the British tabloids, all the Pom influencers who have been 1853 01:26:52,680 --> 01:26:55,320 Speaker 2: hanging out in Dubai, they're all now going back, so 1854 01:26:55,520 --> 01:26:58,160 Speaker 2: having scarpered, they're all now going back and getting into 1855 01:26:58,200 --> 01:27:01,080 Speaker 2: life because it's by and large normal, nine away from nine. 1856 01:27:01,640 --> 01:27:05,200 Speaker 1: So my costing breakfast with Bailey's real estate news talks, 1857 01:27:05,200 --> 01:27:05,559 Speaker 1: there'd be. 1858 01:27:05,880 --> 01:27:09,280 Speaker 2: Whether it's logistics. You know you're a firm monitoring deliveries 1859 01:27:09,360 --> 01:27:12,280 Speaker 2: in real time, where you're a tech startup demanding seamless connectivity. 1860 01:27:12,560 --> 01:27:16,280 Speaker 2: QIWI businesses these days depend on what strong reliable networks, 1861 01:27:16,600 --> 01:27:18,960 Speaker 2: So more than two thousand cell sites these days, forty 1862 01:27:19,040 --> 01:27:22,120 Speaker 2: six hundred kilometers of fiber who we're talking about two 1863 01:27:22,160 --> 01:27:24,680 Speaker 2: degrees of course, delivering world class networks that keep the 1864 01:27:24,720 --> 01:27:28,519 Speaker 2: businesses connected nationwide. They've invested over a billion dollars into 1865 01:27:28,520 --> 01:27:31,280 Speaker 2: the infrastructure that empowers local companies to succeed. Makes them 1866 01:27:31,280 --> 01:27:34,000 Speaker 2: the fastest growing telco in the business space, and they're 1867 01:27:34,040 --> 01:27:36,400 Speaker 2: so confident in their key network. By the way, they 1868 01:27:36,439 --> 01:27:39,040 Speaker 2: offer a thirty day network guarantee. So joining the thousands 1869 01:27:39,080 --> 01:27:42,280 Speaker 2: of Kiwi businesses already thriving with two degrees, try it out, 1870 01:27:42,320 --> 01:27:44,799 Speaker 2: make the switch to two degrees, Switch telco, stay connected, 1871 01:27:44,880 --> 01:27:48,880 Speaker 2: get to business two degrees dot end z ford slash 1872 01:27:48,960 --> 01:27:51,240 Speaker 2: business to find out more teas and ces apply. By 1873 01:27:51,280 --> 01:27:52,960 Speaker 2: the way, one more time you ready note it down, 1874 01:27:53,400 --> 01:27:56,880 Speaker 2: I'll ask questions later. Two degrees dot end z Forward 1875 01:27:56,960 --> 01:27:58,519 Speaker 2: slash business. 1876 01:27:59,160 --> 01:28:03,759 Speaker 1: Trending well with these can your home of sports and nutrition? 1877 01:28:04,000 --> 01:28:06,160 Speaker 2: Got good news on the sleep? How much sleep do 1878 01:28:06,200 --> 01:28:08,680 Speaker 2: you need to reduce your risk of heart attacks? So 1879 01:28:08,760 --> 01:28:13,799 Speaker 2: the European Journal of Preventative Cardiology big study experts from Australia, Chili, Brazil. 1880 01:28:14,320 --> 01:28:16,479 Speaker 2: They've examined that on more than fifty three thousand middle 1881 01:28:16,520 --> 01:28:21,200 Speaker 2: aged UK adults and what have they found. 1882 01:28:22,880 --> 01:28:27,320 Speaker 21: The headline of eleven minutes of sleep is slightly misleading 1883 01:28:27,600 --> 01:28:29,680 Speaker 21: in that what the study is really showing is that 1884 01:28:30,040 --> 01:28:33,120 Speaker 21: small changes across the day, the movement, the diet and 1885 01:28:33,240 --> 01:28:37,200 Speaker 21: sleeping part of that picture add up and reduce the 1886 01:28:37,360 --> 01:28:40,160 Speaker 21: overall strain on the body. And that's what matters for 1887 01:28:40,280 --> 01:28:43,200 Speaker 21: heart health because when the body is able to rest 1888 01:28:43,320 --> 01:28:46,920 Speaker 21: more effectively than things like stress levels and blood pressure 1889 01:28:47,000 --> 01:28:50,000 Speaker 21: improve And that's where the impact on heart health comes. 1890 01:28:50,520 --> 01:28:52,439 Speaker 21: Most of the people that I work with, they are 1891 01:28:52,880 --> 01:28:56,720 Speaker 21: already exhausted. They're probably already hitting the snooze button more 1892 01:28:56,800 --> 01:29:00,400 Speaker 21: than they maybe should be, and they're not struggling sleep 1893 01:29:00,479 --> 01:29:03,800 Speaker 21: because they're not necessarily tired enough. But their brain is 1894 01:29:03,880 --> 01:29:05,920 Speaker 21: still active when they get into bed. 1895 01:29:06,280 --> 01:29:08,960 Speaker 2: It's the whole package. I'm an expert on this. No 1896 01:29:09,120 --> 01:29:11,760 Speaker 2: one's more expert on this. Actually you'd be an expert too. 1897 01:29:11,800 --> 01:29:14,080 Speaker 2: When you glin eight hundred years worth getting up at 1898 01:29:14,080 --> 01:29:15,920 Speaker 2: two thirty in the morning, you got to eat well, 1899 01:29:16,439 --> 01:29:18,840 Speaker 2: you've got to do the exercise. Your room's got to 1900 01:29:18,880 --> 01:29:21,439 Speaker 2: be dark, your room's got to be cold. And when 1901 01:29:21,439 --> 01:29:23,360 Speaker 2: you go to bed, you go to not sit there 1902 01:29:23,400 --> 01:29:25,320 Speaker 2: scrawling on the phone. And if you do all of that, 1903 01:29:25,560 --> 01:29:26,639 Speaker 2: you will sleep like a baby. 1904 01:29:26,800 --> 01:29:28,559 Speaker 20: And yet you have to have dinner at two thirty 1905 01:29:28,560 --> 01:29:29,040 Speaker 20: in the afternoon. 1906 01:29:29,080 --> 01:29:30,519 Speaker 2: They have dinner early in the afternoon. You've got to 1907 01:29:30,560 --> 01:29:32,040 Speaker 2: die just three hours before you go to bed. You 1908 01:29:32,080 --> 01:29:33,240 Speaker 2: got a bit at seven thirty. You've got to have 1909 01:29:33,240 --> 01:29:35,080 Speaker 2: finished eating by four thirty. Nothing wrong with that. You 1910 01:29:35,200 --> 01:29:36,960 Speaker 2: do that, you're looking good. You're also got to have 1911 01:29:37,040 --> 01:29:40,040 Speaker 2: a bladder that lasts. I still, there is this too 1912 01:29:40,080 --> 01:29:40,920 Speaker 2: much information for you? 1913 01:29:41,040 --> 01:29:42,760 Speaker 20: I still we'll just keep it between us. 1914 01:29:42,880 --> 01:29:45,320 Speaker 2: I happily sleep through the night, no problems at all, 1915 01:29:45,360 --> 01:29:47,080 Speaker 2: so I get six seven eight hours of sleep and 1916 01:29:47,200 --> 01:29:49,439 Speaker 2: don't need to get up during the night. So that's all. 1917 01:29:49,560 --> 01:29:51,120 Speaker 2: That's all. That's that could be. 1918 01:29:51,320 --> 01:29:53,240 Speaker 20: Yeah, a dog diapers great for that. 1919 01:29:55,080 --> 01:30:01,439 Speaker 2: Anyway, that is us. What's tomorrow? Can Jenny's on Jenny 1920 01:30:01,479 --> 01:30:04,839 Speaker 2: Smith's on is that did her dad give me flowers? 1921 01:30:05,120 --> 01:30:07,680 Speaker 2: Is that the one Sam's telling me? Jenny Smith's dad 1922 01:30:07,760 --> 01:30:10,600 Speaker 2: gave me flowers? And that's and that story sounds so 1923 01:30:10,760 --> 01:30:12,200 Speaker 2: random and wrong, doesn't it? You think, what the hell 1924 01:30:12,280 --> 01:30:14,360 Speaker 2: are you giving me? Anyway, You'll love her. 1925 01:30:14,560 --> 01:30:17,160 Speaker 20: This is worse than the link to the education YouTube page. 1926 01:30:17,240 --> 01:30:19,639 Speaker 2: It's anyway, as always, Happy Days. 1927 01:30:20,479 --> 01:30:23,320 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1928 01:30:23,479 --> 01:30:26,519 Speaker 1: news talks that'd be from six am weekdays, or follow 1929 01:30:26,600 --> 01:30:28,120 Speaker 1: the podcast on iHeartRadio.