1
00:00:00,520 --> 00:00:04,560
Speaker 1: New Zealand's voice of reason is Mike the Mic asking

2
00:00:04,559 --> 00:00:08,639
Speaker 1: breakfast with the range Rover, the la designed to intrigue

3
00:00:08,680 --> 00:00:09,720
Speaker 1: and use togs Head.

4
00:00:09,520 --> 00:00:11,440
Speaker 2: Be Wedding and Welcome. Today New Zealand rolls out of

5
00:00:11,440 --> 00:00:13,480
Speaker 2: the red count of the Global investor. What comes out

6
00:00:13,520 --> 00:00:15,159
Speaker 2: of this? We got to some good news on the

7
00:00:15,200 --> 00:00:18,320
Speaker 2: housing market. Sky's Sports are putting their prices up again,

8
00:00:18,520 --> 00:00:20,560
Speaker 2: and we've got some new tax law to talk about.

9
00:00:20,720 --> 00:00:23,040
Speaker 2: We'll go to Melbourne some F one and Joe's and

10
00:00:23,160 --> 00:00:27,440
Speaker 2: Rome and Rod is in Pascars them morning seven past six.

11
00:00:27,480 --> 00:00:29,800
Speaker 2: We'll here we go and welcome to the International Investment Day.

12
00:00:29,800 --> 00:00:31,920
Speaker 2: I found it somewhat bewildering, I must say, if not

13
00:00:32,000 --> 00:00:34,920
Speaker 2: said that, Ginny Anderson on the show yesterday said foreign

14
00:00:35,000 --> 00:00:37,599
Speaker 2: investment wasn't the answer to our problems, because actually it is.

15
00:00:38,040 --> 00:00:40,960
Speaker 2: What we don't have as a country is size and scale.

16
00:00:41,120 --> 00:00:42,800
Speaker 2: If we want to participate in the world, we need

17
00:00:42,840 --> 00:00:45,000
Speaker 2: the world involved in what we do. We're not like America,

18
00:00:45,040 --> 00:00:47,360
Speaker 2: where you can at least partially pretend you can produce

19
00:00:47,400 --> 00:00:49,879
Speaker 2: everything you need locally and whatever it is you do

20
00:00:50,000 --> 00:00:52,360
Speaker 2: produce is sold to a local market. In fact, Ginny's

21
00:00:52,680 --> 00:00:55,760
Speaker 2: lack of basic economic understanding may well give some insight

22
00:00:56,080 --> 00:00:57,880
Speaker 2: and too, why we're having the event we are over

23
00:00:57,920 --> 00:01:00,480
Speaker 2: the next couple of days. Labour's view of the economy

24
00:01:00,960 --> 00:01:03,720
Speaker 2: is so small, so insular. It is why the borders

25
00:01:03,720 --> 00:01:06,000
Speaker 2: were closed for so long, why tourisms not bounce back

26
00:01:06,040 --> 00:01:08,039
Speaker 2: while the world has moved on without us, and how

27
00:01:08,080 --> 00:01:10,119
Speaker 2: this new government has had to travel so many miles

28
00:01:10,120 --> 00:01:12,360
Speaker 2: to knock on so many doors and say don't forget

29
00:01:12,400 --> 00:01:14,920
Speaker 2: about us. It could also be a clue if you've

30
00:01:14,920 --> 00:01:17,440
Speaker 2: noticed as to why they're currently exercised in the Parliament

31
00:01:17,480 --> 00:01:19,920
Speaker 2: over the idea of the public health system using the

32
00:01:19,920 --> 00:01:23,160
Speaker 2: private health system to turn through some elective procedures forgetting

33
00:01:23,160 --> 00:01:25,360
Speaker 2: of course, that even they did the same thing, and

34
00:01:25,480 --> 00:01:28,440
Speaker 2: that it has in fact been common practice forever. And indeed,

35
00:01:28,520 --> 00:01:30,440
Speaker 2: if you have a bed and a team sitting there

36
00:01:30,480 --> 00:01:33,039
Speaker 2: with capacity, do you really care whether the place you

37
00:01:33,040 --> 00:01:35,920
Speaker 2: get the need done is public or private. Anyway, the

38
00:01:35,920 --> 00:01:38,880
Speaker 2: Prime Minister, who will be relishing this next week, given

39
00:01:38,920 --> 00:01:41,400
Speaker 2: he is pitching not just here but in India as well,

40
00:01:41,440 --> 00:01:43,119
Speaker 2: will be able to get back to doing what by

41
00:01:43,120 --> 00:01:47,200
Speaker 2: all reports he does best, hustle and sell the polls

42
00:01:47,280 --> 00:01:49,680
Speaker 2: might be problematic for a variety of reasons, but you

43
00:01:49,720 --> 00:01:53,000
Speaker 2: can't possibly mark this lot down for not getting out

44
00:01:53,040 --> 00:01:56,440
Speaker 2: into the world and re engaging both trade and foreign policy. Wise,

45
00:01:56,680 --> 00:02:00,600
Speaker 2: between the Prime Minister Peters and Maclay, many circuits the globe,

46
00:02:00,600 --> 00:02:03,400
Speaker 2: it will have been completed. Is also right that the

47
00:02:03,400 --> 00:02:05,720
Speaker 2: world is washed with cash looking for a place to land.

48
00:02:06,000 --> 00:02:08,399
Speaker 2: We once were that place to land. We once were

49
00:02:08,440 --> 00:02:11,480
Speaker 2: that rock star economy, We once well, we once had

50
00:02:11,520 --> 00:02:15,200
Speaker 2: our act together. Today and tomorrow hopefully is about restoring

51
00:02:15,200 --> 00:02:18,160
Speaker 2: our rightful place as progressive go getters.

52
00:02:20,160 --> 00:02:22,440
Speaker 1: News of the world in ninety six.

53
00:02:22,520 --> 00:02:24,760
Speaker 2: Right where are we at with the war Zelinsky?

54
00:02:25,480 --> 00:02:27,760
Speaker 3: It's that important for us to be hurt.

55
00:02:30,520 --> 00:02:34,239
Speaker 1: So that's everyone has the right to express, to share.

56
00:02:35,200 --> 00:02:39,520
Speaker 4: And I think that yesterday we had a pilot, very

57
00:02:39,520 --> 00:02:40,720
Speaker 4: positive meeting.

58
00:02:40,840 --> 00:02:43,040
Speaker 2: Next to up the Russians, but with a growing weariness,

59
00:02:43,080 --> 00:02:45,160
Speaker 2: they might not be so keen to sign, which might

60
00:02:45,200 --> 00:02:46,600
Speaker 2: be a bit of an issue for Old Marco.

61
00:02:46,840 --> 00:02:50,919
Speaker 5: If they say no, then obviously we'll have to examine

62
00:02:50,919 --> 00:02:52,720
Speaker 5: everything and sort of figure out where we stand in

63
00:02:52,760 --> 00:02:53,639
Speaker 5: the world and what their.

64
00:02:53,480 --> 00:02:54,320
Speaker 6: True intentions are.

65
00:02:54,360 --> 00:02:56,320
Speaker 5: I think it'll be if they say no, it'll tell

66
00:02:56,360 --> 00:02:59,560
Speaker 5: as a lot about what their goals are and what

67
00:02:59,600 --> 00:03:00,760
Speaker 5: they might sad is.

68
00:03:00,960 --> 00:03:02,800
Speaker 2: Then we come to the tariffs that EU having none

69
00:03:02,840 --> 00:03:04,840
Speaker 2: of them, and have toasked a couple of their own backs.

70
00:03:04,840 --> 00:03:07,360
Speaker 2: A Kyo, though he's a little more circumspect.

71
00:03:06,880 --> 00:03:10,400
Speaker 4: Obviously like everybody else, I'm disappointed to see global tariffs

72
00:03:10,440 --> 00:03:13,519
Speaker 4: in relation to steal and aluminium. But we will take

73
00:03:13,560 --> 00:03:17,639
Speaker 4: the pragmatic approach. We are, as he knows, negotiating an

74
00:03:17,639 --> 00:03:22,079
Speaker 4: economic deal which covers and will include tariffs if we succeed.

75
00:03:22,800 --> 00:03:24,960
Speaker 2: Market's still on happy stateside about all this, You know,

76
00:03:25,080 --> 00:03:27,560
Speaker 2: up and down, back and forth. Even old there will

77
00:03:27,600 --> 00:03:30,240
Speaker 2: be no recession. Lutnik might have woken up a bit.

78
00:03:30,400 --> 00:03:34,680
Speaker 1: These policies are the most important thing America has ever had.

79
00:03:34,880 --> 00:03:37,840
Speaker 7: The only reason there could possibly be a recession is

80
00:03:37,880 --> 00:03:40,120
Speaker 7: because of the Biden nonsense.

81
00:03:39,600 --> 00:03:40,400
Speaker 6: That we have to live with.

82
00:03:41,160 --> 00:03:43,960
Speaker 2: By the way, mixed reviews on yesterday's White House tearslaw show,

83
00:03:44,000 --> 00:03:46,560
Speaker 2: and tell these federal workers lost their jobs and guess

84
00:03:46,600 --> 00:03:49,120
Speaker 2: what they're not using their redundancy chicks to buy.

85
00:03:49,360 --> 00:03:52,880
Speaker 8: I become unincountably angry every time I Tesla drives by.

86
00:03:53,040 --> 00:03:55,240
Speaker 6: Now, how do you express that anger?

87
00:03:55,560 --> 00:03:56,160
Speaker 9: Internally?

88
00:03:56,600 --> 00:03:57,200
Speaker 10: Internally?

89
00:03:57,800 --> 00:04:00,880
Speaker 6: I will never wired task like high.

90
00:04:01,160 --> 00:04:03,960
Speaker 2: I love Americans democracy and surprises alive and will in

91
00:04:04,000 --> 00:04:07,200
Speaker 2: Greenland too. The opposition Conservative Party won it, So what

92
00:04:07,200 --> 00:04:07,680
Speaker 2: does that mean?

93
00:04:07,760 --> 00:04:10,320
Speaker 11: What Greenland is really don't want is to see a

94
00:04:10,320 --> 00:04:14,280
Speaker 11: partner who was reliable and responsible in this region now

95
00:04:14,320 --> 00:04:17,520
Speaker 11: actively destabilizing it with a kind of rastoric we're seen

96
00:04:17,600 --> 00:04:18,719
Speaker 11: from America's president.

97
00:04:18,960 --> 00:04:21,400
Speaker 2: Finally, big deal news an Australian medical breakthrough. We've got

98
00:04:21,440 --> 00:04:23,839
Speaker 2: an Australian bloke who's worked for one hundred days with

99
00:04:23,880 --> 00:04:27,880
Speaker 2: an artificial titanium heart while he was waiting for a donor.

100
00:04:27,960 --> 00:04:30,400
Speaker 2: Now that's the longest ever for someone to live with

101
00:04:30,440 --> 00:04:32,839
Speaker 2: the technology inside them. While people have had the heart

102
00:04:32,839 --> 00:04:34,680
Speaker 2: put in them for a number of days while waiting.

103
00:04:34,960 --> 00:04:37,039
Speaker 2: The man was the first worldwide to actually leave the

104
00:04:37,080 --> 00:04:39,839
Speaker 2: hospital and live a relatively normal life until a donor

105
00:04:39,920 --> 00:04:43,080
Speaker 2: could be found. The Australian company is called Beavercore and

106
00:04:43,279 --> 00:04:45,120
Speaker 2: or by the Court and other devices. Not yet a

107
00:04:45,120 --> 00:04:47,760
Speaker 2: proof for general use, but it is years of development work,

108
00:04:47,800 --> 00:04:50,440
Speaker 2: coming ever closer to common practice. News of the world

109
00:04:50,520 --> 00:04:55,039
Speaker 2: in nineteen inflation watch India lower than expected three point

110
00:04:55,080 --> 00:04:57,440
Speaker 2: sixty one. Vegie prices down in India. That's good and

111
00:04:57,520 --> 00:05:00,440
Speaker 2: America big read zero point two percent for FI February

112
00:05:00,520 --> 00:05:02,240
Speaker 2: and your basis two point eight is that good?

113
00:05:02,360 --> 00:05:02,560
Speaker 12: Yes?

114
00:05:03,080 --> 00:05:06,000
Speaker 2: Below expectations more than Andrew shortly twelve past.

115
00:05:08,160 --> 00:05:12,960
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, Power

116
00:05:13,040 --> 00:05:14,120
Speaker 1: by News Talks be.

117
00:05:16,040 --> 00:05:18,520
Speaker 2: Greenland was interesting in the end, and it's not often

118
00:05:18,560 --> 00:05:20,800
Speaker 2: you can say that thirty percent of the vote to

119
00:05:20,880 --> 00:05:23,960
Speaker 2: the center right opposition, so it's moved conservative. I don't

120
00:05:23,960 --> 00:05:25,760
Speaker 2: know that you can read anything into that as that

121
00:05:25,880 --> 00:05:28,679
Speaker 2: general sort of europe wide move towards the right. But anyway,

122
00:05:28,720 --> 00:05:30,720
Speaker 2: they've got thirty percent of the vote, which means they

123
00:05:30,760 --> 00:05:34,000
Speaker 2: need to negotiate a coalition. The important point is they

124
00:05:34,160 --> 00:05:38,120
Speaker 2: favor only a gradual approach to independence. Everybody else wants

125
00:05:38,120 --> 00:05:40,920
Speaker 2: to get it done right now. Second Party came up

126
00:05:40,960 --> 00:05:43,919
Speaker 2: with about twenty percent of the vote. They favor a

127
00:05:43,920 --> 00:05:46,640
Speaker 2: different approach to independence. It seems independence it's the only

128
00:05:46,640 --> 00:05:48,720
Speaker 2: issue going on in Greensland. So they're Greenland. So they're

129
00:05:48,720 --> 00:05:50,640
Speaker 2: trying to put a coalition together. We'll see how they goes.

130
00:05:50,880 --> 00:05:55,560
Speaker 2: Fifteen past sixteen Lights Right openm JMI Wealth, Andrew Kellihert,

131
00:05:55,640 --> 00:05:59,440
Speaker 2: good morning, Very good Bondy Mike, Retail spend ease. Are

132
00:05:59,440 --> 00:05:59,880
Speaker 2: we spending?

133
00:06:00,800 --> 00:06:01,600
Speaker 13: Are we spending?

134
00:06:01,880 --> 00:06:02,000
Speaker 12: Not?

135
00:06:02,080 --> 00:06:02,359
Speaker 6: Really?

136
00:06:02,480 --> 00:06:02,560
Speaker 14: So?

137
00:06:02,800 --> 00:06:06,200
Speaker 3: Yeah, let's let's let's look at some high frequency local data,

138
00:06:06,240 --> 00:06:08,839
Speaker 3: shall we can take a step back from the sort

139
00:06:08,880 --> 00:06:11,600
Speaker 3: of tit for tat tie riff tie rage that we're

140
00:06:11,640 --> 00:06:15,600
Speaker 3: seeing in in North America. Am Am, I being overly hopeful, Mike,

141
00:06:15,640 --> 00:06:17,640
Speaker 3: and sort of hoping that at some stage that this

142
00:06:18,160 --> 00:06:20,560
Speaker 3: whole tariff thing will get a bit more dignified and

143
00:06:20,760 --> 00:06:25,520
Speaker 3: we'll just maybe maybe ye delusional, Yeah, I have been,

144
00:06:25,960 --> 00:06:28,560
Speaker 3: that has been, That comment has been made before. Actually anyway,

145
00:06:29,200 --> 00:06:31,120
Speaker 3: card spending, Yeah, what are we doing with our wallets?

146
00:06:31,160 --> 00:06:34,240
Speaker 3: And look, I'll just refresh your memory on something here, Mike.

147
00:06:34,279 --> 00:06:37,080
Speaker 3: We've had this issue recently where we've seen these record

148
00:06:37,120 --> 00:06:40,760
Speaker 3: levels of or recent sort of lifting confidence, you know,

149
00:06:40,839 --> 00:06:44,680
Speaker 3: consumer confidence and business confidence. But there's still a disconnect

150
00:06:44,720 --> 00:06:47,400
Speaker 3: between that and what we're actually seeing flow through to

151
00:06:47,440 --> 00:06:50,680
Speaker 3: the real activity. And I think you can you can

152
00:06:50,720 --> 00:06:52,880
Speaker 3: see that to some degree in the card spending and numbers.

153
00:06:52,880 --> 00:06:55,200
Speaker 3: So this is stats in New Zealand card spending numbers

154
00:06:55,240 --> 00:06:59,520
Speaker 3: for February. Nice and current spending in retailed industries increased

155
00:07:00,040 --> 00:07:03,480
Speaker 3: point three percent in February compared to January. Core retail

156
00:07:03,960 --> 00:07:06,920
Speaker 3: industries increased zero point five percent. But just to sort

157
00:07:06,920 --> 00:07:10,119
Speaker 3: of put that into context, January saw a one point

158
00:07:10,200 --> 00:07:13,160
Speaker 3: four percent fall in this series, although we did get

159
00:07:13,200 --> 00:07:15,240
Speaker 3: a nice boost in December with a two point four

160
00:07:15,280 --> 00:07:18,960
Speaker 3: percent lift. So you have got a seasonally adjusted lift

161
00:07:19,000 --> 00:07:20,600
Speaker 3: from January to February.

162
00:07:20,160 --> 00:07:21,040
Speaker 13: Albeit modest.

163
00:07:21,360 --> 00:07:23,120
Speaker 3: But if we take a bit of a wider lens

164
00:07:23,120 --> 00:07:25,760
Speaker 3: and we look at the annual numbers, there's really no

165
00:07:26,040 --> 00:07:29,040
Speaker 3: move in the needle, so very little lift in the

166
00:07:29,120 --> 00:07:32,240
Speaker 3: year on year months. And I suppose in related news, yes,

167
00:07:32,280 --> 00:07:36,320
Speaker 3: say Mike Briscos Group full year result, I would call

168
00:07:36,360 --> 00:07:40,480
Speaker 3: it a light for like sales, a statistical decrease in

169
00:07:40,560 --> 00:07:43,360
Speaker 3: sales for Briscoes and Rebel Sport. But at I'd say

170
00:07:43,360 --> 00:07:45,640
Speaker 3: it's pretty flat. You know, their gross margin fell a

171
00:07:45,640 --> 00:07:48,400
Speaker 3: little bit. But look, in such a challenging retail environment,

172
00:07:48,560 --> 00:07:50,800
Speaker 3: that was a very well resultant result.

173
00:07:50,480 --> 00:07:51,360
Speaker 13: As well signaled.

174
00:07:51,800 --> 00:07:54,960
Speaker 3: I didn't actually hear Roger speaking with Ryan Bridges last night.

175
00:07:55,000 --> 00:07:57,280
Speaker 3: I'm told he was a little frustrated about the government.

176
00:07:58,400 --> 00:08:00,960
Speaker 2: Yeah, but he told them to quote quote get their

177
00:08:01,080 --> 00:08:02,280
Speaker 2: ass into gear.

178
00:08:03,080 --> 00:08:06,920
Speaker 3: Well that's reasonably direct unequivocal, isn't it. Yeah, So looking

179
00:08:06,960 --> 00:08:08,880
Speaker 3: forward to the impact of interest rate falls, and we're

180
00:08:08,880 --> 00:08:10,880
Speaker 3: still sort of hedging our bets. We're still sort of

181
00:08:10,880 --> 00:08:13,560
Speaker 3: I suppose placing our bets, and that on the wider

182
00:08:13,640 --> 00:08:17,920
Speaker 3: retail spending front, that those interest rate falls expected into

183
00:08:17,960 --> 00:08:20,000
Speaker 3: the set and the set to take effect on people

184
00:08:20,000 --> 00:08:21,680
Speaker 3: in the second half of the year will lift some

185
00:08:21,800 --> 00:08:24,120
Speaker 3: of this retail retail sentiment.

186
00:08:24,160 --> 00:08:26,400
Speaker 2: All right, Now, what is the trichometer? The famed ay

187
00:08:26,440 --> 00:08:28,240
Speaker 2: and zer tra cometer tell us then the.

188
00:08:28,240 --> 00:08:31,000
Speaker 3: Trucks, the trucks. What's happening with the trucks? Good folk

189
00:08:31,000 --> 00:08:32,800
Speaker 3: at A and Z getting out there counting the cars

190
00:08:32,840 --> 00:08:36,120
Speaker 3: and trucks. Well, the light traffic index is a good indicator,

191
00:08:36,160 --> 00:08:38,040
Speaker 3: as we've said before, in the state of demand as

192
00:08:38,120 --> 00:08:42,000
Speaker 3: flat Mike a year on year up zero point one percent,

193
00:08:42,040 --> 00:08:43,960
Speaker 3: although it did get a zero point four percent rise

194
00:08:44,000 --> 00:08:44,600
Speaker 3: in February.

195
00:08:44,960 --> 00:08:46,640
Speaker 13: Let's take the glass hulf full approach.

196
00:08:46,640 --> 00:08:48,840
Speaker 3: It's not fallen away, and of course we did see

197
00:08:48,840 --> 00:08:51,960
Speaker 3: GDP fall away in the last couple of reads. We're

198
00:08:52,000 --> 00:08:54,560
Speaker 3: waiting to see those Q four numbers next week. We

199
00:08:54,600 --> 00:08:57,920
Speaker 3: should see a small rise again. The heavy traffic index

200
00:08:58,000 --> 00:09:00,640
Speaker 3: good steer on production look at fell zero point two

201
00:09:00,640 --> 00:09:03,280
Speaker 3: percent in februy mic, but it did rise strongly in January.

202
00:09:03,520 --> 00:09:05,920
Speaker 3: The three month average on that one is actually four

203
00:09:05,920 --> 00:09:08,559
Speaker 3: point nine percent up year on year, so there could

204
00:09:08,600 --> 00:09:12,080
Speaker 3: be something stirring there, we hope. Is it a green shoot?

205
00:09:12,080 --> 00:09:15,840
Speaker 3: I wouldn't call that yet, but my interest is peaked.

206
00:09:15,600 --> 00:09:18,280
Speaker 2: In that one. Mike Oka that two point eight. Are

207
00:09:18,280 --> 00:09:19,640
Speaker 2: we happy with that in America?

208
00:09:19,800 --> 00:09:21,240
Speaker 3: Yeah, we are happy with that. So this is a

209
00:09:21,280 --> 00:09:23,559
Speaker 3: CPI overnight in the US. Are we surprise you? A

210
00:09:23,640 --> 00:09:27,120
Speaker 3: call of an expect inflation for February? Consumer prices up

211
00:09:27,160 --> 00:09:30,560
Speaker 3: two point eight percent. In feb January they were up three,

212
00:09:30,600 --> 00:09:33,160
Speaker 3: so there's a four there. Consensus was sitting at two

213
00:09:33,200 --> 00:09:36,800
Speaker 3: point nine. So it's a positive beat. Core CPI three

214
00:09:36,800 --> 00:09:40,320
Speaker 3: point one, slightly higher for the month, slightly high. It

215
00:09:40,360 --> 00:09:42,280
Speaker 3: was zero point two for the month versus zero point

216
00:09:42,280 --> 00:09:46,000
Speaker 3: three expected. Just remember CPI is not the first preferred measure,

217
00:09:46,320 --> 00:09:48,880
Speaker 3: but it has given the markets a little bit of

218
00:09:48,920 --> 00:09:52,160
Speaker 3: a sentiment, a little bit of a sentiment boost. The

219
00:09:52,240 --> 00:09:54,200
Speaker 3: thing you got to remember, though, we haven't seen it.

220
00:09:54,280 --> 00:09:57,360
Speaker 13: We haven't seen the impact of all this tariff talk yet.

221
00:09:57,360 --> 00:09:59,760
Speaker 13: We'll get that in the next couple of inflation.

222
00:10:00,320 --> 00:10:01,199
Speaker 2: Give me some numbers.

223
00:10:01,600 --> 00:10:04,400
Speaker 3: Yeah, well, well, so the Dow Jones is bouncing around,

224
00:10:04,440 --> 00:10:06,400
Speaker 3: but let's call it flat. The last I looked at

225
00:10:06,400 --> 00:10:09,520
Speaker 3: it was up ten points forty one thousand, four hundred

226
00:10:09,520 --> 00:10:12,599
Speaker 3: and forty two. It is cheering those CPR numbers. The

227
00:10:12,679 --> 00:10:14,800
Speaker 3: S and P five hundred up twenty eight points about

228
00:10:14,800 --> 00:10:17,520
Speaker 3: half a percent five six zero zero, and the nasat

229
00:10:17,559 --> 00:10:20,200
Speaker 3: looking a little healthier. The Tesla price getting a little

230
00:10:20,200 --> 00:10:24,040
Speaker 3: boost from that little stunt of musks and.

231
00:10:25,559 --> 00:10:25,959
Speaker 13: Trumps.

232
00:10:26,080 --> 00:10:28,400
Speaker 3: So the Nazdak seventeen thousand, six hundred and eighty five,

233
00:10:28,559 --> 00:10:29,560
Speaker 3: it's up two hundred.

234
00:10:29,360 --> 00:10:30,880
Speaker 2: And forty nine points one point four to.

235
00:10:30,840 --> 00:10:34,040
Speaker 3: Three percent, the forty one hundred up half a percent overnight,

236
00:10:34,080 --> 00:10:37,000
Speaker 3: eighty five four to h the neck a pretty flat

237
00:10:37,080 --> 00:10:39,400
Speaker 3: rarely three six eight one nine. The Shangho composite was

238
00:10:39,440 --> 00:10:42,280
Speaker 3: down eight point for the eight points, but the Australasian

239
00:10:42,320 --> 00:10:44,800
Speaker 3: markets were weak es they mark the ASEX two hundred

240
00:10:45,360 --> 00:10:48,360
Speaker 3: down one point three percent seven seven eight six, and

241
00:10:48,400 --> 00:10:51,640
Speaker 3: the Insects fifty also down one point three percent. Twelve thousand,

242
00:10:51,880 --> 00:10:54,280
Speaker 3: two hundred and forty nine. Kiwi dollar a little bit

243
00:10:54,320 --> 00:10:57,480
Speaker 3: stronger against the US point five seven twenty seven point

244
00:10:57,559 --> 00:10:59,800
Speaker 3: nine ers seven three against the Aussie point five two

245
00:10:59,840 --> 00:11:03,640
Speaker 3: four nine Euro point four four one four against the pound,

246
00:11:04,000 --> 00:11:06,559
Speaker 3: eighty four point nine three Japanese yen gold is trading

247
00:11:06,559 --> 00:11:09,080
Speaker 3: at twenty nine hundred and thirty five dollars and a

248
00:11:09,120 --> 00:11:12,960
Speaker 3: little uptick and Brent nothing serious seventy dollars and eighty.

249
00:11:12,679 --> 00:11:16,199
Speaker 2: Eight Catch up tomorrow. Andrew Kelliherjmiwealth dot co dot m

250
00:11:16,400 --> 00:11:19,559
Speaker 2: Z Pasky encouraging science. It always happens. But will take

251
00:11:19,640 --> 00:11:22,160
Speaker 2: encouraging signs anytime we can see them. That golden visa

252
00:11:22,200 --> 00:11:24,640
Speaker 2: announcement by the government a couple of weeks ago has

253
00:11:24,640 --> 00:11:27,280
Speaker 2: seen a massive spike. And this is the thing that

254
00:11:27,360 --> 00:11:29,160
Speaker 2: it always happens. There are spikes all over the world.

255
00:11:29,160 --> 00:11:31,440
Speaker 2: When Trump announced his five million dollar visa the other day,

256
00:11:31,480 --> 00:11:34,640
Speaker 2: people went nuts. Anyway, for us, it's up visits the

257
00:11:34,679 --> 00:11:37,360
Speaker 2: old website two hundred and thirty two percent up. Sixteen

258
00:11:37,520 --> 00:11:41,079
Speaker 2: thousand people between Feb six and March. Sex are and

259
00:11:41,320 --> 00:11:44,040
Speaker 2: you know, at least looking at the possibility of coming

260
00:11:44,080 --> 00:11:46,680
Speaker 2: to New Zealand. Six twenty one, Ereic News Talks.

261
00:11:46,559 --> 00:11:55,200
Speaker 1: Edb Good the Vike Hosking Breakfast Full Show podcast on

262
00:11:55,440 --> 00:11:57,920
Speaker 1: iHeartRadio powered by News talks edb.

263
00:11:59,600 --> 00:12:03,000
Speaker 2: Couple of observations. Michael Martin, who's the head of Ireland,

264
00:12:03,280 --> 00:12:05,440
Speaker 2: is in the White House with Trump today and my

265
00:12:05,559 --> 00:12:08,280
Speaker 2: question is this, how is it that a leader of

266
00:12:08,320 --> 00:12:11,559
Speaker 2: a small island nation of five million gets an invite

267
00:12:11,600 --> 00:12:13,520
Speaker 2: to the White House ahead of the leader of oh,

268
00:12:13,559 --> 00:12:16,319
Speaker 2: I don't know, a large Australian country of twenty seven million,

269
00:12:16,360 --> 00:12:18,280
Speaker 2: who's part of five eyes and who got stuck with

270
00:12:18,360 --> 00:12:21,040
Speaker 2: teriffs yesterday. How does that work? Anyway, Trump's in a

271
00:12:21,040 --> 00:12:21,480
Speaker 2: good mood.

272
00:12:21,679 --> 00:12:22,160
Speaker 6: Ireland.

273
00:12:22,200 --> 00:12:25,200
Speaker 15: It's a special place and he's a very special guy.

274
00:12:25,320 --> 00:12:28,080
Speaker 15: He did it the hard way also, he served and

275
00:12:28,080 --> 00:12:30,079
Speaker 15: then he took a little time off and then he

276
00:12:30,160 --> 00:12:30,720
Speaker 15: served again.

277
00:12:30,800 --> 00:12:34,280
Speaker 6: I've heard about that. That happens and okasion and he's

278
00:12:34,280 --> 00:12:34,920
Speaker 6: done very.

279
00:12:34,760 --> 00:12:38,920
Speaker 2: Well now, Michael Martin, as he's probably been watching Ki Stamma,

280
00:12:39,000 --> 00:12:40,360
Speaker 2: what you need to do to get on Trump's good

281
00:12:40,360 --> 00:12:41,839
Speaker 2: side is basically suck up to him.

282
00:12:41,920 --> 00:12:44,880
Speaker 16: They commend you in terms of the work that you're doing,

283
00:12:44,920 --> 00:12:47,000
Speaker 16: particularly in terms of the pursuit of peace, which we

284
00:12:47,280 --> 00:12:51,640
Speaker 16: discussed earlier, and I think that's going well, and you

285
00:12:51,679 --> 00:12:55,319
Speaker 16: really have a cross. That's what one hundred is with

286
00:12:55,400 --> 00:13:00,000
Speaker 16: this government. You've done some extratted the things very quickly

287
00:13:01,400 --> 00:13:02,000
Speaker 16: watching him.

288
00:13:02,440 --> 00:13:05,600
Speaker 2: Yes show, including Albanezy. He hasn't got the invite. Now,

289
00:13:05,800 --> 00:13:08,440
Speaker 2: what's interesting about Elderinizi And I watched him yesterday try

290
00:13:08,480 --> 00:13:11,360
Speaker 2: and worm his way around, because he came out, you'll remember,

291
00:13:12,040 --> 00:13:14,400
Speaker 2: and said, I've just had the most fantastic phone call

292
00:13:14,480 --> 00:13:16,640
Speaker 2: with Donald Trump and it's fantam where we're going to

293
00:13:16,720 --> 00:13:19,640
Speaker 2: have some exemptions and none of that was going to happen,

294
00:13:19,679 --> 00:13:22,880
Speaker 2: so he had to yesterday. And he's not retaliating. And

295
00:13:22,960 --> 00:13:26,040
Speaker 2: this is the interesting thing. Australia is not retaliating. It's

296
00:13:26,040 --> 00:13:29,319
Speaker 2: not tip for tat on tariffs. He's not got an invite,

297
00:13:29,440 --> 00:13:31,120
Speaker 2: he's not going to the White House, and there's been

298
00:13:31,160 --> 00:13:34,360
Speaker 2: tremendous amounts of upset as to why he hasn't and

299
00:13:34,400 --> 00:13:37,040
Speaker 2: whether he should have and gone over there and twisted

300
00:13:37,040 --> 00:13:40,040
Speaker 2: a few arms and done something about it. So anyway,

301
00:13:40,080 --> 00:13:41,560
Speaker 2: that's going to be material, I would have thought in

302
00:13:41,559 --> 00:13:44,560
Speaker 2: the election campaign. Meantime, More importantly than all of that

303
00:13:45,240 --> 00:13:47,280
Speaker 2: is the fact the fire is not going in the

304
00:13:47,360 --> 00:13:49,079
Speaker 2: Yellow Chair room. And the reason the fire is not

305
00:13:49,160 --> 00:13:50,920
Speaker 2: going in the Yellow Chair room as spring has arrived

306
00:13:50,960 --> 00:13:54,520
Speaker 2: in Washington and it looks beautiful, just absolutely fabulous. By

307
00:13:54,559 --> 00:13:55,679
Speaker 2: the way, what I was going to tell you, we'll

308
00:13:55,720 --> 00:13:58,880
Speaker 2: look at this investment business after seven o'clock this morning

309
00:13:58,880 --> 00:14:01,360
Speaker 2: to see what materially come out of the sky Sport

310
00:14:02,120 --> 00:14:04,680
Speaker 2: are upping their prices again, do you do anything about that?

311
00:14:06,480 --> 00:14:08,160
Speaker 2: Do you can't see your sky sport? Of course you

312
00:14:08,200 --> 00:14:10,880
Speaker 2: don't because they've got all the good stuff, until maybe

313
00:14:10,920 --> 00:14:14,280
Speaker 2: they don't if Dezone comes in and wins the bit.

314
00:14:14,720 --> 00:14:17,439
Speaker 2: Rod Duke is our hero of the day. Get your

315
00:14:17,559 --> 00:14:19,560
Speaker 2: ass into gear, which is what I've been In fact,

316
00:14:19,600 --> 00:14:20,960
Speaker 2: that wasn't the first time he said that. He said

317
00:14:21,000 --> 00:14:22,320
Speaker 2: that on the program when we have him a month

318
00:14:22,400 --> 00:14:24,720
Speaker 2: or two back, he said basically the same thing. And

319
00:14:24,760 --> 00:14:27,160
Speaker 2: he's not some bored old pensioner who's got nothing better

320
00:14:27,200 --> 00:14:28,520
Speaker 2: to do with his time. He's running one of the

321
00:14:28,560 --> 00:14:32,760
Speaker 2: most successful companies in this country and he sees what

322
00:14:32,800 --> 00:14:35,760
Speaker 2: we see and have been articulating on this program for

323
00:14:35,800 --> 00:14:38,200
Speaker 2: a series of months now, and that is this government

324
00:14:38,320 --> 00:14:40,840
Speaker 2: really needs to do more than just talk, more than

325
00:14:40,920 --> 00:14:43,840
Speaker 2: just announce, actually get some runs on the board. They

326
00:14:43,880 --> 00:14:47,560
Speaker 2: need to, as Rod would say, get their ass into gear.

327
00:14:47,880 --> 00:14:49,480
Speaker 2: I've got some very well, I was going to say,

328
00:14:49,520 --> 00:14:51,640
Speaker 2: very good News. I've got some moderately good news on

329
00:14:51,680 --> 00:14:54,440
Speaker 2: the housing market this morning, more data. There is life

330
00:14:54,480 --> 00:14:57,440
Speaker 2: there to be seen, and in terms of affordability, it

331
00:14:57,560 --> 00:15:00,080
Speaker 2: could well be a sweet spot. More on that in

332
00:15:00,240 --> 00:15:02,440
Speaker 2: just a couple of moments here at news Talks, the Beat, the.

333
00:15:02,360 --> 00:15:12,240
Speaker 1: Newss Mikesky been stateful, engaging and vitally the mic Hosking

334
00:15:12,280 --> 00:15:16,720
Speaker 1: Breakfast with Bailey's real Estate all together better across residential,

335
00:15:16,760 --> 00:15:19,640
Speaker 1: commercial and rural news dogs head byl thing.

336
00:15:20,120 --> 00:15:22,240
Speaker 2: So I'm chatting to you just before the news, and

337
00:15:22,280 --> 00:15:23,880
Speaker 2: as I'm doing that, I'm thinking to myself, juice, I

338
00:15:23,880 --> 00:15:25,280
Speaker 2: got a lot more time on my hands than I

339
00:15:25,280 --> 00:15:27,440
Speaker 2: thought I did none normally pretty good with time, anyone

340
00:15:27,480 --> 00:15:29,560
Speaker 2: will tell you that, pretty good with time, being able

341
00:15:29,560 --> 00:15:31,400
Speaker 2: to sort these things out. And I'm thinking, why have

342
00:15:31,400 --> 00:15:33,200
Speaker 2: I got more time on my hands? Anyway, I'm sort

343
00:15:33,240 --> 00:15:35,640
Speaker 2: of and they were looking at you know, I forgot.

344
00:15:35,360 --> 00:15:40,400
Speaker 1: This trending now with the chemist warehouse keeping Kiwi's healthy.

345
00:15:40,240 --> 00:15:42,160
Speaker 2: All year round. Now I could tell you how a

346
00:15:42,200 --> 00:15:44,280
Speaker 2: very tough night, which I did. I had a very

347
00:15:44,280 --> 00:15:45,520
Speaker 2: difficult night with the dog.

348
00:15:45,640 --> 00:15:46,840
Speaker 17: Is it me too?

349
00:15:47,400 --> 00:15:49,720
Speaker 2: Yeah? So is it the moment not with your dog

350
00:15:49,760 --> 00:15:52,080
Speaker 2: with no is it the blood moon. Well, anyway, tough

351
00:15:52,160 --> 00:15:54,200
Speaker 2: night with the dog, very very tired this morning. No

352
00:15:54,320 --> 00:15:58,040
Speaker 2: excuse as a bloke at the ZB offices in christ

353
00:15:58,120 --> 00:16:00,320
Speaker 2: which once told me when I turned up there, he goes,

354
00:16:00,360 --> 00:16:02,920
Speaker 2: no one wants to know you personal problems, and I thought, yep,

355
00:16:02,960 --> 00:16:03,760
Speaker 2: fair enough, good advice.

356
00:16:03,800 --> 00:16:05,440
Speaker 17: That's right. So we are not going to tell anybody

357
00:16:05,520 --> 00:16:06,640
Speaker 17: that what was happening with our dogs?

358
00:16:06,680 --> 00:16:08,600
Speaker 2: No, exactly, So a very difficult night with the dog.

359
00:16:08,640 --> 00:16:12,040
Speaker 2: So that probably that that probably partially explains it. Anyway,

360
00:16:12,040 --> 00:16:13,360
Speaker 2: The pointer is I forgot to do.

361
00:16:13,640 --> 00:16:18,320
Speaker 1: Trending now with Chemist Warehouse, the home of big brand vitamins.

362
00:16:18,360 --> 00:16:21,160
Speaker 2: And this was a goodie too. It's the US correspondent

363
00:16:21,200 --> 00:16:25,280
Speaker 2: for sky Mark Stone with the trade advisor Peter Navarro.

364
00:16:25,720 --> 00:16:27,800
Speaker 13: President needs to be changing his mind by the hour

365
00:16:27,880 --> 00:16:28,720
Speaker 13: at the moment.

366
00:16:30,280 --> 00:16:30,920
Speaker 17: To move out of the way.

367
00:16:31,240 --> 00:16:32,800
Speaker 18: What are your what are your views on the on

368
00:16:32,840 --> 00:16:33,520
Speaker 18: the fact that if you.

369
00:16:33,480 --> 00:16:37,920
Speaker 15: Don't understand what a negotiation looks like, the president.

370
00:16:37,920 --> 00:16:42,080
Speaker 11: Is negotiating strategically, so stop with a rhetoric.

371
00:16:42,160 --> 00:16:44,040
Speaker 6: Okay, just stop dad crap.

372
00:16:44,240 --> 00:16:46,160
Speaker 16: But but he does seem to be changing his mind

373
00:16:46,200 --> 00:16:46,680
Speaker 16: all the time.

374
00:16:46,760 --> 00:16:48,760
Speaker 6: That is that part of it.

375
00:16:49,240 --> 00:16:50,960
Speaker 13: Where are you from from Sky News the UK.

376
00:16:52,920 --> 00:16:54,240
Speaker 6: Instead of what but why is that?

377
00:16:54,280 --> 00:16:54,840
Speaker 14: Why is that?

378
00:16:55,040 --> 00:16:58,120
Speaker 18: It's a fact that he's changing his mind every single day.

379
00:16:58,160 --> 00:17:00,239
Speaker 6: Aciation my friend.

380
00:17:00,320 --> 00:17:01,320
Speaker 13: Right, So he doesn't mean it.

381
00:17:01,680 --> 00:17:04,520
Speaker 1: So it's all part of the negotiationiation and it's.

382
00:17:04,320 --> 00:17:05,919
Speaker 13: Causing havoc to the stock markets.

383
00:17:05,960 --> 00:17:07,960
Speaker 6: It's causing having what it is they are?

384
00:17:08,119 --> 00:17:09,640
Speaker 13: They are tumbling.

385
00:17:10,840 --> 00:17:12,040
Speaker 17: Questions.

386
00:17:12,200 --> 00:17:14,239
Speaker 2: But do you do you back up?

387
00:17:15,320 --> 00:17:16,000
Speaker 6: What's my start?

388
00:17:16,040 --> 00:17:19,639
Speaker 18: I'm allowed to ask questions as so you don't believe

389
00:17:19,640 --> 00:17:21,240
Speaker 18: that it's causing havoc to the stock market.

390
00:17:21,840 --> 00:17:22,720
Speaker 6: Here's what we're gonna do.

391
00:17:22,800 --> 00:17:24,760
Speaker 15: I can either stay here and answer your questions and

392
00:17:24,800 --> 00:17:28,399
Speaker 15: you can be civil about it, or you can hector

393
00:17:28,480 --> 00:17:30,880
Speaker 15: me like this, So stand back, get that thing out

394
00:17:30,880 --> 00:17:31,359
Speaker 15: of my face.

395
00:17:31,440 --> 00:17:33,040
Speaker 6: You've had your chance to ask questions.

396
00:17:33,800 --> 00:17:35,919
Speaker 2: At that point you've then pulled the gun out and

397
00:17:35,960 --> 00:17:41,120
Speaker 2: shot him. Joe McKinnon's got an update on the pope,

398
00:17:41,160 --> 00:17:42,359
Speaker 2: which I think is going to be good news, so

399
00:17:42,400 --> 00:17:44,359
Speaker 2: I look forward to that. Meantime. Back here more evidence

400
00:17:44,400 --> 00:17:46,359
Speaker 2: that we have a resuscitation of sorts of the New

401
00:17:46,440 --> 00:17:49,119
Speaker 2: Zealand real estate market new call logic data. It shows

402
00:17:49,119 --> 00:17:52,840
Speaker 2: we're back to the best levels of affordability since COVID.

403
00:17:52,840 --> 00:17:54,680
Speaker 2: So what's going on here? Call logics to your property

404
00:17:54,720 --> 00:17:56,840
Speaker 2: economist is, of course Kelvin Davidson, who's back with this,

405
00:17:56,960 --> 00:17:59,720
Speaker 2: Kelvin morning, good lord. So let's look at these factors.

406
00:17:59,760 --> 00:18:01,800
Speaker 2: You've got the prices, you've got wages, you've got interest rates.

407
00:18:02,040 --> 00:18:04,040
Speaker 2: Are they all sort of playing their part at the

408
00:18:04,040 --> 00:18:06,600
Speaker 2: moment we're mixing them up into something sweet and lovely?

409
00:18:07,640 --> 00:18:07,760
Speaker 13: Oh?

410
00:18:08,000 --> 00:18:10,280
Speaker 19: Well, absolutely. I mean, look what's happened in the past

411
00:18:10,280 --> 00:18:12,760
Speaker 19: of the two or three years. Prices down twenty percent,

412
00:18:13,560 --> 00:18:16,000
Speaker 19: incomes have gone up some percentage over that time. I

413
00:18:16,040 --> 00:18:17,320
Speaker 19: don't have to date off the top of my head.

414
00:18:17,320 --> 00:18:19,399
Speaker 19: They've seen the gone up. And of course the biggie

415
00:18:19,520 --> 00:18:23,200
Speaker 19: is mortgage rates. That those sharp falls really putting cash

416
00:18:23,200 --> 00:18:26,240
Speaker 19: back in people's pockets and making them more confident training

417
00:18:26,240 --> 00:18:27,040
Speaker 19: in the housing market.

418
00:18:27,200 --> 00:18:30,040
Speaker 2: Do you have to move now? Is this a sweet

419
00:18:30,040 --> 00:18:31,399
Speaker 2: spot before it's too late or not?

420
00:18:33,160 --> 00:18:35,080
Speaker 19: I think most views about the market over the next

421
00:18:35,119 --> 00:18:37,919
Speaker 19: couple of years are still fairly cautious. I mean, yes,

422
00:18:38,119 --> 00:18:40,760
Speaker 19: mortgage rates, we've seen before the impact they have. But

423
00:18:41,280 --> 00:18:43,000
Speaker 19: at the same time, the economy is still a little

424
00:18:43,040 --> 00:18:45,600
Speaker 19: bit subdued. There's still a lot of lit things it's

425
00:18:45,600 --> 00:18:49,159
Speaker 19: definitely still a biased market, and we've got debt to

426
00:18:49,200 --> 00:18:52,280
Speaker 19: income ratio restrictions this time, which we're aren't doing anything

427
00:18:52,359 --> 00:18:55,000
Speaker 19: right now, but it's sort of lurking out. They're ready

428
00:18:55,040 --> 00:18:58,240
Speaker 19: to restrict loans if and when mortgage rates get even last.

429
00:18:58,359 --> 00:19:00,640
Speaker 19: So I think there's there's a few reasons cautious.

430
00:19:00,880 --> 00:19:02,120
Speaker 2: I'm told investors are back.

431
00:19:03,359 --> 00:19:05,600
Speaker 19: Yeah, they definitely are. You switched that hat on because

432
00:19:05,760 --> 00:19:08,680
Speaker 19: the market share for investors has been rising for six

433
00:19:08,720 --> 00:19:11,119
Speaker 19: and nine months and now it's probably back to about

434
00:19:11,119 --> 00:19:14,280
Speaker 19: where it normally is, so big changes for investors, and

435
00:19:14,320 --> 00:19:16,560
Speaker 19: of course tax bills have got smaller. But I think

436
00:19:16,600 --> 00:19:20,119
Speaker 19: really it's again about those mortgage rates. You have a

437
00:19:20,119 --> 00:19:21,879
Speaker 19: lot of mortgage rate the top ups that you have

438
00:19:21,920 --> 00:19:25,000
Speaker 19: to put into a new rental property ownsburg, and I

439
00:19:25,000 --> 00:19:27,119
Speaker 19: guess that's just turning activity around.

440
00:19:27,200 --> 00:19:30,280
Speaker 2: The banks writing money. Are people flooding and going yes please.

441
00:19:31,200 --> 00:19:35,000
Speaker 19: Yeah, the mortgage lending has definitely picked up, and it's

442
00:19:35,040 --> 00:19:38,359
Speaker 19: been driven a lot by certainly trading houses, but also

443
00:19:38,359 --> 00:19:40,800
Speaker 19: we have seen a bit of bank switching activity, so

444
00:19:41,680 --> 00:19:45,280
Speaker 19: those the abilities or people are on floating rates or

445
00:19:45,320 --> 00:19:47,639
Speaker 19: short fixes, so they do actually have the ability to

446
00:19:47,640 --> 00:19:48,480
Speaker 19: switch banks.

447
00:19:48,480 --> 00:19:48,880
Speaker 2: Interesting.

448
00:19:49,080 --> 00:19:50,960
Speaker 19: We're actually sitting there a bit going on, and and

449
00:19:51,000 --> 00:19:53,160
Speaker 19: I guess some keen deals from some of the banks

450
00:19:53,160 --> 00:19:54,639
Speaker 19: have been enticling people across.

451
00:19:54,800 --> 00:19:57,359
Speaker 2: Now your commentary on rentals, Now what I thought there

452
00:19:57,440 --> 00:19:59,960
Speaker 2: was a flood of rentals on the market. Therefore price

453
00:20:00,080 --> 00:20:01,920
Speaker 2: as we're going down, why are you trying to tell

454
00:20:01,960 --> 00:20:02,800
Speaker 2: us that things are tight?

455
00:20:04,240 --> 00:20:06,640
Speaker 19: So at the moment, the ratio of rents to household

456
00:20:06,680 --> 00:20:08,919
Speaker 19: incomes is at a record high, and I guess it

457
00:20:08,920 --> 00:20:11,600
Speaker 19: reflects what's happened over previous years. We did see a

458
00:20:11,600 --> 00:20:14,920
Speaker 19: big rental boom that pushed rents up in relationship incomes.

459
00:20:14,920 --> 00:20:17,399
Speaker 19: That that rental boom has pizzed out. And I mean,

460
00:20:17,440 --> 00:20:20,240
Speaker 19: rents aren't necessarily falling. You don't tend to see them

461
00:20:20,240 --> 00:20:22,520
Speaker 19: fall very much. They tend to fletten off. And I

462
00:20:22,520 --> 00:20:24,440
Speaker 19: guess that's sort of just what's happened in the past

463
00:20:24,440 --> 00:20:27,200
Speaker 19: twelve or eight in months. But certainly a tenant's market,

464
00:20:27,240 --> 00:20:29,399
Speaker 19: there is a lot of choice out there, net migrations

465
00:20:29,440 --> 00:20:31,840
Speaker 19: come down, so yeah, just a little bit difficult for

466
00:20:32,240 --> 00:20:34,680
Speaker 19: landlords to be pushing through rent increases.

467
00:20:34,200 --> 00:20:34,680
Speaker 20: At the moment.

468
00:20:34,720 --> 00:20:37,000
Speaker 19: But at the same time, you don't tend to see

469
00:20:37,040 --> 00:20:39,639
Speaker 19: rents fall, there could be a flattering period good stuff.

470
00:20:39,720 --> 00:20:42,280
Speaker 2: Come appreciate the expertise as always. Kelvin Davidson call Logic

471
00:20:42,320 --> 00:20:45,520
Speaker 2: chief property Man, eighteen minutes away from seven, asking as

472
00:20:45,560 --> 00:20:48,639
Speaker 2: much love as there was in the room with no fire,

473
00:20:48,680 --> 00:20:51,399
Speaker 2: but the yellow chairs between Martin and Trump. Trump is

474
00:20:51,440 --> 00:20:54,080
Speaker 2: of course still charging tariffs on Irish pharmaceuticals.

475
00:20:54,160 --> 00:20:54,840
Speaker 6: We do have a.

476
00:20:54,760 --> 00:20:59,119
Speaker 15: Massive deficit with Ireland because Ireland was very smart. They

477
00:20:59,119 --> 00:21:02,760
Speaker 15: took our farmers companies away from presidents that didn't know

478
00:21:02,800 --> 00:21:03,560
Speaker 15: what they were doing.

479
00:21:04,400 --> 00:21:06,119
Speaker 6: And you know, it's too bad that happened.

480
00:21:06,160 --> 00:21:11,280
Speaker 15: It's a tremendous job. I give Look, the Irish are smart, yes,

481
00:21:11,359 --> 00:21:16,240
Speaker 15: smart people, and you took our pharmaceutical companies and other companies.

482
00:21:16,280 --> 00:21:17,840
Speaker 6: But you know, through taxation and.

483
00:21:17,920 --> 00:21:22,040
Speaker 15: Proper taxation, they made it very very good for companies

484
00:21:22,040 --> 00:21:25,080
Speaker 15: to move over there. And we had presidents and people

485
00:21:25,119 --> 00:21:27,880
Speaker 15: that were involved in this had no idea what they

486
00:21:27,880 --> 00:21:30,639
Speaker 15: were doing, and they lost big segments of our economy.

487
00:21:31,040 --> 00:21:32,440
Speaker 2: I'm not sure they didn't know what they were doing.

488
00:21:32,440 --> 00:21:34,480
Speaker 2: The Ireland was offering was a ten or twelve percent

489
00:21:34,480 --> 00:21:36,199
Speaker 2: for corporate text right and said come on, so, I

490
00:21:36,200 --> 00:21:38,760
Speaker 2: mean that's just called good business. Isn't it Donald good?

491
00:21:38,840 --> 00:21:40,359
Speaker 17: Good to know that all Irish people are smart?

492
00:21:40,440 --> 00:21:40,520
Speaker 13: Right?

493
00:21:40,600 --> 00:21:43,560
Speaker 2: Yeah, that's good? Isn't he condescending? More from the EU

494
00:21:43,560 --> 00:21:45,280
Speaker 2: and the Moment? Joe's next seventeen to two.

495
00:21:45,920 --> 00:21:50,560
Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio powered

496
00:21:50,600 --> 00:21:52,840
Speaker 1: by News Talks It be Now.

497
00:21:52,880 --> 00:21:54,280
Speaker 2: You might have heard the high tune rule of the

498
00:21:54,320 --> 00:21:57,040
Speaker 2: high tech engines in the air. It means one thing, Yes,

499
00:21:57,080 --> 00:21:59,199
Speaker 2: it does. The PENNICGLA Motorsport is back for the season

500
00:21:59,359 --> 00:22:02,840
Speaker 2: Formula One this weekend Melbourne. All eyes on Liam Lawson

501
00:22:02,880 --> 00:22:04,960
Speaker 2: of course Kubi Driver taking on the world's best All

502
00:22:05,240 --> 00:22:07,120
Speaker 2: it's all about the action and you can be part

503
00:22:07,160 --> 00:22:09,879
Speaker 2: of that action with the TAB. So they're offering special

504
00:22:09,920 --> 00:22:12,880
Speaker 2: five dollars boosted odds on Lawson to win any race

505
00:22:12,920 --> 00:22:17,199
Speaker 2: in Formula One this season. So if you place a

506
00:22:17,240 --> 00:22:19,680
Speaker 2: twenty dollar bet and he wins any of the twenty

507
00:22:19,760 --> 00:22:22,320
Speaker 2: four races across the year, you'll win one hundred dollars back.

508
00:22:22,359 --> 00:22:25,600
Speaker 2: So that's that's a podium worthy offer, only available for

509
00:22:25,640 --> 00:22:27,159
Speaker 2: a limited time, so you can make tracks for the

510
00:22:27,160 --> 00:22:30,120
Speaker 2: tbtab dot co dot z get your bet on maximum

511
00:22:30,160 --> 00:22:33,080
Speaker 2: bet twenty bucks one per customer. Teas and seas apply

512
00:22:33,600 --> 00:22:38,359
Speaker 2: RA eighteen bet responsibly husky quding Mike. This from Auckland

513
00:22:38,440 --> 00:22:41,199
Speaker 2: Airport where three out of six security lines are working.

514
00:22:41,320 --> 00:22:44,280
Speaker 2: Queues literally out the door, A total mess and apparently

515
00:22:44,320 --> 00:22:47,040
Speaker 2: not unusual. I haven't had an Auckland Airport's bugged text

516
00:22:47,040 --> 00:22:49,240
Speaker 2: for ages. Good to hear from you thirteen to.

517
00:22:49,200 --> 00:22:53,639
Speaker 10: Two International correspondence with ends and eye insurance peace of

518
00:22:53,680 --> 00:22:54,960
Speaker 10: mind for New Zealand business.

519
00:22:55,000 --> 00:22:55,879
Speaker 2: Lets go to a Lee Joe.

520
00:22:55,960 --> 00:22:56,480
Speaker 12: How are you.

521
00:22:58,000 --> 00:22:58,320
Speaker 2: Great?

522
00:22:58,400 --> 00:22:59,000
Speaker 9: Mike? How are you?

523
00:22:59,160 --> 00:23:01,840
Speaker 2: I'm very well? Indeed, Neil Paper seems to be on

524
00:23:01,880 --> 00:23:04,120
Speaker 2: the meandor and by being hopelessly optimistic here.

525
00:23:05,640 --> 00:23:08,680
Speaker 8: Well, they are saying that Pope Francis is now stable,

526
00:23:08,720 --> 00:23:11,840
Speaker 8: he's out of imminent danger and by the way, he's

527
00:23:11,880 --> 00:23:16,639
Speaker 8: marking his twelfth anniversary of his pontificate tomorrow in hospital,

528
00:23:16,760 --> 00:23:19,160
Speaker 8: so he's been in hospital for almost four weeks.

529
00:23:19,200 --> 00:23:22,440
Speaker 9: The question now is will he leave? When will he leave?

530
00:23:23,080 --> 00:23:25,600
Speaker 2: Do they still update daily and go here's where he's

531
00:23:25,600 --> 00:23:27,879
Speaker 2: at and that those answer those sort of questions, or

532
00:23:27,880 --> 00:23:28,480
Speaker 2: you just don't know.

533
00:23:30,160 --> 00:23:33,600
Speaker 8: We're getting an update a medical update every forty eight hours,

534
00:23:33,640 --> 00:23:37,160
Speaker 8: so we're due for one shortly hopefully get some information,

535
00:23:37,320 --> 00:23:41,040
Speaker 8: but he's still taking oxygen, oxygen mask, full mask when

536
00:23:41,080 --> 00:23:43,920
Speaker 8: he goes to sleep, and a nasal cannela during the day,

537
00:23:44,480 --> 00:23:46,880
Speaker 8: So until he breathes on his own, I think it's

538
00:23:46,960 --> 00:23:48,840
Speaker 8: ambitious to think he might be leaving hospital.

539
00:23:49,000 --> 00:23:51,040
Speaker 2: Okay, global matters, what do you make of the ceasefire?

540
00:23:51,040 --> 00:23:52,760
Speaker 2: How's that gone down in your part of the world.

541
00:23:54,520 --> 00:23:58,399
Speaker 8: Well, plenty of divisions across the Italian political parties, as

542
00:23:58,400 --> 00:24:01,720
Speaker 8: you can imagine. A Minister Georgia Maloney and the Foreign

543
00:24:01,760 --> 00:24:05,720
Speaker 8: Minister Antonio Taiani have welcomed the talks between the US

544
00:24:05,800 --> 00:24:09,119
Speaker 8: and Kiev trying to end that war. Some plenty of

545
00:24:09,200 --> 00:24:13,400
Speaker 8: division though over EU efforts to and step up defense

546
00:24:13,400 --> 00:24:14,720
Speaker 8: spending across Europe.

547
00:24:15,920 --> 00:24:19,400
Speaker 2: So I just don't know. We wait for the Russians,

548
00:24:19,400 --> 00:24:21,119
Speaker 2: I guess, don't we in that sense, And depending on

549
00:24:21,160 --> 00:24:23,320
Speaker 2: what they say depends on where it goes from there.

550
00:24:24,920 --> 00:24:27,480
Speaker 9: Well, today we had a vote in the European Parliament.

551
00:24:28,160 --> 00:24:31,320
Speaker 8: It was a non legislative resolution but approved by more

552
00:24:31,359 --> 00:24:34,600
Speaker 8: than four hundred votes in favor of rearmament.

553
00:24:34,680 --> 00:24:36,560
Speaker 9: But the big question is who's going to pay for it?

554
00:24:37,240 --> 00:24:39,240
Speaker 8: Not a lot of confidence that the Italians have enough

555
00:24:39,280 --> 00:24:41,800
Speaker 8: money to certainly boost their own defense spending.

556
00:24:42,080 --> 00:24:43,879
Speaker 2: You've had that whole debate about we all need to

557
00:24:43,880 --> 00:24:46,399
Speaker 2: spend more locally. I mean everyone seems to from Starma

558
00:24:46,440 --> 00:24:49,439
Speaker 2: to Germany, Etcas Italy had that particular discussion. And have

559
00:24:49,520 --> 00:24:51,119
Speaker 2: we come to any conclusion as to how much you

560
00:24:51,119 --> 00:24:52,080
Speaker 2: should spend it on what?

561
00:24:53,520 --> 00:24:58,800
Speaker 8: Look, it's ongoing. There's talk about increasing it by three percent.

562
00:24:58,840 --> 00:25:02,320
Speaker 8: I think up to three percent. I think that's very ambitious.

563
00:25:03,040 --> 00:25:06,720
Speaker 8: The League, for example, the Deputy Prime Minister Mao Selvini,

564
00:25:07,000 --> 00:25:11,560
Speaker 8: is against rearmament, against boosting defense spending. He wants to

565
00:25:11,560 --> 00:25:14,400
Speaker 8: see more spent on health and education. So that gives

566
00:25:14,400 --> 00:25:16,520
Speaker 8: you an idea of just some of the opposition within

567
00:25:16,600 --> 00:25:17,760
Speaker 8: the coalition itself.

568
00:25:17,960 --> 00:25:21,640
Speaker 2: Interesting who's doing the school reform? Its this local or national?

569
00:25:21,800 --> 00:25:24,920
Speaker 2: And isn't it ironic that in the handwritings coming back,

570
00:25:24,960 --> 00:25:27,240
Speaker 2: isn't it lovely in a lovely old fashioned sort of way.

571
00:25:28,480 --> 00:25:32,880
Speaker 8: Well, this has I think been hidden on the Maloney agenda.

572
00:25:33,000 --> 00:25:36,880
Speaker 8: But the government is very strong about sweeping reforms through

573
00:25:36,880 --> 00:25:41,520
Speaker 8: the education system and trying to get it back on track. Incidentally,

574
00:25:42,560 --> 00:25:46,720
Speaker 8: Italy has one of the lowest leisuracy rates in the OECD,

575
00:25:47,320 --> 00:25:50,840
Speaker 8: but the government is trying to push new guidelines making

576
00:25:50,960 --> 00:25:57,159
Speaker 8: Latin optional, but a renewed focus on European history, Greek, Roman, antiquity,

577
00:25:57,240 --> 00:26:00,520
Speaker 8: the impact of Christianity on the classical world, and the

578
00:26:00,640 --> 00:26:03,320
Speaker 8: Bible is being considered a literary source.

579
00:26:03,560 --> 00:26:06,120
Speaker 2: Wow. How interesting. By the way, are you seeing that

580
00:26:06,200 --> 00:26:09,040
Speaker 2: they say don't come to Rome this year because of

581
00:26:09,119 --> 00:26:11,000
Speaker 2: Jubilee year? You're seeing that yet or not?

582
00:26:12,560 --> 00:26:14,600
Speaker 9: Look, I'm seeing plenty of tourists on the street.

583
00:26:14,680 --> 00:26:16,960
Speaker 8: But I spoke to someone today who has a small

584
00:26:17,000 --> 00:26:19,920
Speaker 8: airbnb and she said, January and February we're a disaster.

585
00:26:20,080 --> 00:26:22,760
Speaker 8: I think many of the pilgrims are choosing convents and

586
00:26:22,840 --> 00:26:27,000
Speaker 8: monasteries and not really boosting the mainstream hospitality industry.

587
00:26:27,119 --> 00:26:30,960
Speaker 2: Very interesting Yet spring in the year, Oh, that'll of

588
00:26:31,040 --> 00:26:35,280
Speaker 2: rain this week, so yes and no, okay, stay dry

589
00:26:35,280 --> 00:26:37,720
Speaker 2: and we'll see nextersday. Appreciate it as always. Joe mckinner

590
00:26:37,760 --> 00:26:40,119
Speaker 2: out out of Italy, and of course with the EU.

591
00:26:41,040 --> 00:26:43,199
Speaker 2: Guess who thinks the EU's had it too good for

592
00:26:43,240 --> 00:26:43,680
Speaker 2: too long?

593
00:26:43,840 --> 00:26:45,720
Speaker 6: European Union has been very tough.

594
00:26:46,960 --> 00:26:49,600
Speaker 15: And it's our turn too, you know, we get a

595
00:26:49,640 --> 00:26:51,960
Speaker 15: turn at that also, but they have not been fair.

596
00:26:52,000 --> 00:26:55,879
Speaker 15: They see our companies and when massive amounts of money

597
00:26:56,080 --> 00:26:56,520
Speaker 15: they sued.

598
00:26:56,560 --> 00:26:58,520
Speaker 6: Apple won seventeen billion.

599
00:26:58,240 --> 00:27:02,440
Speaker 15: Dollars and they use for other reasons, I guess, or

600
00:27:02,640 --> 00:27:04,440
Speaker 15: to run the European Union.

601
00:27:04,520 --> 00:27:05,480
Speaker 6: So I'm not knocking it.

602
00:27:05,760 --> 00:27:07,879
Speaker 15: They're doing what they should be doing, perhaps for the

603
00:27:07,880 --> 00:27:08,640
Speaker 15: European Union.

604
00:27:08,720 --> 00:27:11,960
Speaker 6: But it does create ill well does it?

605
00:27:12,440 --> 00:27:14,680
Speaker 2: Or are they just successful? It's difficult to say a

606
00:27:14,720 --> 00:27:17,040
Speaker 2: nice little free song going on there because he's defended

607
00:27:17,119 --> 00:27:20,439
Speaker 2: himself well as Martin in terms of yes, there might

608
00:27:20,480 --> 00:27:21,879
Speaker 2: be a deficit, but at the end of the day,

609
00:27:21,880 --> 00:27:25,320
Speaker 2: they're actually a very very very successful economy and all

610
00:27:25,320 --> 00:27:28,280
Speaker 2: the stuff that he's complaining about has been a direct

611
00:27:28,359 --> 00:27:33,120
Speaker 2: outworking of their smartness and success. Nine away from seven the.

612
00:27:33,200 --> 00:27:37,200
Speaker 1: Mike Hosking breakfast with the Range Rover Villa News Talks

613
00:27:37,240 --> 00:27:37,720
Speaker 1: head been.

614
00:27:37,760 --> 00:27:40,199
Speaker 2: The gala dinner at this big investment thing yesterday but

615
00:27:40,480 --> 00:27:43,280
Speaker 2: we haven't even opened it officially. But one of the

616
00:27:43,280 --> 00:27:46,919
Speaker 2: companies here, Plenary, which is an Australian headquarters infrastructure investor. There,

617
00:27:47,080 --> 00:27:49,800
Speaker 2: they've confirmed this morning they're going to be bidding on

618
00:27:49,840 --> 00:27:55,760
Speaker 2: at least five PPPs. New Zealand markets is a priority market,

619
00:27:56,000 --> 00:27:59,800
Speaker 2: so barely said good morning and the money's flowing five

620
00:27:59,800 --> 00:28:00,800
Speaker 2: and it's away from seven.

621
00:28:01,840 --> 00:28:05,119
Speaker 1: All the ins and the outs. It's the fizz with

622
00:28:05,359 --> 00:28:08,800
Speaker 1: business favor. Take your business productivity to the next level.

623
00:28:08,880 --> 00:28:11,440
Speaker 2: Meantime, back in tariff town Boeing, what's it mean for

624
00:28:11,480 --> 00:28:14,240
Speaker 2: Boeing all these tariffs. Aircap, which is the world's largest

625
00:28:14,280 --> 00:28:16,720
Speaker 2: aircraft leasing company. They brought one hundred and fifty planes

626
00:28:16,760 --> 00:28:19,800
Speaker 2: and helicopters and spear bits from Boeing last year. The

627
00:28:19,800 --> 00:28:21,600
Speaker 2: boss is a bit worried about that because he says

628
00:28:21,640 --> 00:28:24,360
Speaker 2: that the worst case scenario comes to pass twenty five

629
00:28:24,359 --> 00:28:26,520
Speaker 2: percent increase in the tariffs, then the price of a

630
00:28:26,520 --> 00:28:28,840
Speaker 2: Boeing seven eighty seven, which is a big one, is

631
00:28:28,880 --> 00:28:31,840
Speaker 2: going to go up by seventy million bucks just like that,

632
00:28:32,160 --> 00:28:33,919
Speaker 2: because of all the stuff they bring in from Canada.

633
00:28:34,000 --> 00:28:36,640
Speaker 2: The result would be that Boeing's aircraft's become even more

634
00:28:36,680 --> 00:28:40,920
Speaker 2: expensive because two thousand parts are used to make a

635
00:28:40,960 --> 00:28:43,680
Speaker 2: Boeing from seven hundred different supplies. And that goes back

636
00:28:43,680 --> 00:28:45,520
Speaker 2: to that. And there's any number of articles about the

637
00:28:45,520 --> 00:28:48,560
Speaker 2: place there's actually nothing made in America. There's a lot

638
00:28:48,600 --> 00:28:50,719
Speaker 2: of stuff made in America, but very little made in America.

639
00:28:50,720 --> 00:28:52,160
Speaker 2: If you know what I mean, there are bits made

640
00:28:52,160 --> 00:28:54,240
Speaker 2: in America, but then they need other bits, and those

641
00:28:54,280 --> 00:28:56,120
Speaker 2: other bits come from other parts of the world, and

642
00:28:56,120 --> 00:29:00,320
Speaker 2: that's called what's it called again, globalization yet?

643
00:29:01,320 --> 00:29:04,200
Speaker 17: So anyway, does those include the ladders that they leave?

644
00:29:05,040 --> 00:29:09,920
Speaker 2: Just twenty two percent of global deliveries by twenty forty

645
00:29:09,920 --> 00:29:15,800
Speaker 2: three could to could go to air bus. Sorry, that's

646
00:29:16,000 --> 00:29:18,400
Speaker 2: the wrong number. I'm giving you the wrong number. Eighty

647
00:29:18,440 --> 00:29:20,960
Speaker 2: percent of global deliveries could go to wear bus because

648
00:29:20,960 --> 00:29:23,160
Speaker 2: if Bone becomes too expensive, and that's before you get

649
00:29:23,160 --> 00:29:24,840
Speaker 2: to the part that Bones had all sorts of troubles

650
00:29:24,840 --> 00:29:26,880
Speaker 2: and can't make plans properly at the best of times

651
00:29:26,880 --> 00:29:30,400
Speaker 2: and all of that. If you've become too expensive, then

652
00:29:30,440 --> 00:29:32,280
Speaker 2: what happens as you go elsewhere? So instead of air

653
00:29:32,320 --> 00:29:34,040
Speaker 2: bus going I know what we'll do is we'll go

654
00:29:34,120 --> 00:29:36,719
Speaker 2: set up in America and will play Trump's game. They

655
00:29:36,760 --> 00:29:38,480
Speaker 2: just stay where they are and all the customers go

656
00:29:38,520 --> 00:29:41,040
Speaker 2: to the end. Why hasn't he worked this out? It's

657
00:29:41,160 --> 00:29:45,360
Speaker 2: not that hard. As the inventor of the free market

658
00:29:45,520 --> 00:29:48,520
Speaker 2: I in New Zealand, I guess we have the intellectual

659
00:29:48,560 --> 00:29:50,920
Speaker 2: advantage over people like him who've never really quite got

660
00:29:50,960 --> 00:29:52,600
Speaker 2: to the bottom of it. Right. The money, the big

661
00:29:52,600 --> 00:29:55,520
Speaker 2: money is in town. The investment conferences underway will have

662
00:29:55,560 --> 00:29:57,440
Speaker 2: a look at what the prospects are. After the news

663
00:29:57,440 --> 00:29:57,800
Speaker 2: which is.

664
00:29:57,840 --> 00:30:03,479
Speaker 1: Next Ye opinion and everything in between. The Mic Hosking

665
00:30:03,520 --> 00:30:08,240
Speaker 1: break best with Veda, Retirement, Communities, Life Your Way News togs.

666
00:30:08,240 --> 00:30:10,080
Speaker 2: He had been seven past seven, So a lot riding

667
00:30:10,120 --> 00:30:11,840
Speaker 2: on the next couple of days for the country and

668
00:30:11,840 --> 00:30:14,360
Speaker 2: the government. They're much hyped investment summit designed to get

669
00:30:14,400 --> 00:30:16,400
Speaker 2: some very heavy hitters into the country and in the

670
00:30:16,440 --> 00:30:18,640
Speaker 2: room to tell them one we're open and wanting you money,

671
00:30:18,680 --> 00:30:20,240
Speaker 2: and two here is what we have for you to

672
00:30:20,320 --> 00:30:23,640
Speaker 2: invest in. Morrison and Co are infrastructure and investors. They've

673
00:30:23,640 --> 00:30:27,120
Speaker 2: already delivered schools and prisons, university accommodation here through PPPs

674
00:30:27,320 --> 00:30:31,120
Speaker 2: Chief executive Paul Newfield is with us. Paul morning, being

675
00:30:31,840 --> 00:30:34,240
Speaker 2: very well. Indeed, what's your expectation. What do you want

676
00:30:34,280 --> 00:30:36,080
Speaker 2: to see in the next forty eight hours.

677
00:30:37,000 --> 00:30:38,960
Speaker 14: I'll see what would be great and I think by

678
00:30:38,960 --> 00:30:41,360
Speaker 14: the way they'll deliver this first of all, is our

679
00:30:41,400 --> 00:30:44,720
Speaker 14: government telling the world New Zealand is just a great

680
00:30:44,760 --> 00:30:47,200
Speaker 14: place to invest right now to safe Haven. We're a

681
00:30:47,280 --> 00:30:51,040
Speaker 14: really stable We've got good institutions, rule of law. That's

682
00:30:51,280 --> 00:30:54,080
Speaker 14: more unusual than it should be in the world today. Secondly,

683
00:30:54,080 --> 00:30:56,160
Speaker 14: we would like to see some investable opportunities, things that

684
00:30:56,160 --> 00:30:58,480
Speaker 14: people can actually get their teeth into in the next

685
00:30:58,600 --> 00:31:00,960
Speaker 14: twelve to twenty four months. And then what we really

686
00:31:01,000 --> 00:31:03,520
Speaker 14: want them to say, there is a multi decay pipeline.

687
00:31:03,520 --> 00:31:05,840
Speaker 14: Here's our vision for what infrastructure in New Zealand could be.

688
00:31:06,120 --> 00:31:08,800
Speaker 14: And importantly, you know, even if there's changes of government,

689
00:31:08,800 --> 00:31:11,040
Speaker 14: we're committed to doing this over multiple decades because that's

690
00:31:11,040 --> 00:31:11,960
Speaker 14: what we get people here.

691
00:31:12,120 --> 00:31:16,040
Speaker 2: The tangibles, you know, are prison a road, does that

692
00:31:16,080 --> 00:31:19,320
Speaker 2: matter or not? Or a project's projects.

693
00:31:20,040 --> 00:31:22,959
Speaker 14: In some respects projects of projects in terms of getting

694
00:31:23,000 --> 00:31:25,880
Speaker 14: people here, getting builders here, getting investors here. As long

695
00:31:25,920 --> 00:31:28,320
Speaker 14: as they're shaped well, I think there will be shaped well.

696
00:31:28,560 --> 00:31:32,160
Speaker 14: I think obviously for New Zealand it matters. Hopefully it's

697
00:31:32,240 --> 00:31:35,520
Speaker 14: not just all words. We can love to see some

698
00:31:35,600 --> 00:31:38,080
Speaker 14: twenty per century infrastructure that gets New Zealand catching up

699
00:31:38,120 --> 00:31:39,280
Speaker 14: to being the country that could be.

700
00:31:39,600 --> 00:31:42,920
Speaker 2: Okay, we am two things. Is the Prime Minister right,

701
00:31:42,960 --> 00:31:43,800
Speaker 2: the world is washed with.

702
00:31:43,800 --> 00:31:48,600
Speaker 14: Cash, absolutely, but it's also a wash of opportunities, right,

703
00:31:48,640 --> 00:31:51,240
Speaker 14: So New Zealand needs to compete. When you think right

704
00:31:51,280 --> 00:31:53,920
Speaker 14: back in the athes, New Zealand was the pioneers. Literally

705
00:31:53,920 --> 00:31:56,280
Speaker 14: we're the first country in the world to start inviting

706
00:31:56,320 --> 00:31:59,280
Speaker 14: the private sector into infrastructure, and then we then kind

707
00:31:59,280 --> 00:32:01,160
Speaker 14: of went quiet for a long time. We'll caught up

708
00:32:01,200 --> 00:32:03,400
Speaker 14: in it's great for us, as Morrison, that mean a

709
00:32:03,480 --> 00:32:06,200
Speaker 14: Key company could go off capability and become a world beater.

710
00:32:06,560 --> 00:32:07,960
Speaker 14: But actually I'd love to come back and do this

711
00:32:08,040 --> 00:32:09,120
Speaker 14: back at home right now.

712
00:32:09,040 --> 00:32:11,040
Speaker 2: Right So that was my second question. A lot of

713
00:32:11,080 --> 00:32:13,400
Speaker 2: the world I'm reading is doing this. Everyone's into getting

714
00:32:13,480 --> 00:32:16,120
Speaker 2: cash into projects. So how much competition do we face

715
00:32:16,160 --> 00:32:19,200
Speaker 2: and are we still hot ish?

716
00:32:19,200 --> 00:32:23,000
Speaker 14: There's enormous competition, and like at our investment committee every

717
00:32:23,040 --> 00:32:25,560
Speaker 14: week we're probably looking at side different opportunities from around

718
00:32:25,600 --> 00:32:28,160
Speaker 14: the world. Obviously we love doing things in New Zealand,

719
00:32:28,240 --> 00:32:31,320
Speaker 14: so there is competition, but for us, as keywi Is,

720
00:32:31,360 --> 00:32:32,520
Speaker 14: we'd like to be doing more at home.

721
00:32:32,640 --> 00:32:35,200
Speaker 2: Plenary Australian company I've already said this morning they're in

722
00:32:35,240 --> 00:32:37,120
Speaker 2: for five, they'll bid for the five that are already

723
00:32:37,120 --> 00:32:39,000
Speaker 2: out there. Is that the sort of competition we want

724
00:32:39,040 --> 00:32:40,680
Speaker 2: to see by the end of this forty eight hours

725
00:32:40,680 --> 00:32:42,840
Speaker 2: for you average every day punter. Do we want to

726
00:32:42,840 --> 00:32:45,120
Speaker 2: see a bunch of companies going we're in and here's

727
00:32:45,120 --> 00:32:47,560
Speaker 2: what we're in for exactly?

728
00:32:47,600 --> 00:32:49,160
Speaker 14: You want to see plenty of competition. I think the

729
00:32:49,160 --> 00:32:50,640
Speaker 14: other thing you really want to see is the right

730
00:32:50,720 --> 00:32:53,120
Speaker 14: kind of money showing up. So you want people who

731
00:32:53,120 --> 00:32:56,920
Speaker 14: are long term patient, actually want to invest in growing country.

732
00:32:56,920 --> 00:32:59,600
Speaker 14: You don't want just kind of quick flip money. And

733
00:32:59,640 --> 00:33:01,200
Speaker 14: so I think, so why it's great We've got some

734
00:33:01,280 --> 00:33:03,920
Speaker 14: of these really big global pension funds and sovereign funds

735
00:33:03,920 --> 00:33:05,920
Speaker 14: here the ither think would be really good for New

736
00:33:05,960 --> 00:33:07,880
Speaker 14: Zealand as a key WE saver. Really wake up to

737
00:33:07,880 --> 00:33:12,640
Speaker 14: this opportunity, right, So not just internationals. In Australia there's

738
00:33:12,840 --> 00:33:16,640
Speaker 14: a four trillion dollar superannuation scheme and about fifteen percent

739
00:33:16,640 --> 00:33:18,840
Speaker 14: of that to six hundred billion goes into infrastructure. So

740
00:33:18,880 --> 00:33:21,520
Speaker 14: that's no instance. Stuff got great infrastructure. You'd love to

741
00:33:21,520 --> 00:33:23,680
Speaker 14: see key WE saver as it gets start putting more

742
00:33:23,720 --> 00:33:26,040
Speaker 14: money into New Zealands and prastructure and global infrastructure.

743
00:33:26,200 --> 00:33:29,000
Speaker 2: Good stuff, and appreciate the insight. Paul Newfield, who is

744
00:33:29,040 --> 00:33:31,200
Speaker 2: the Morrison and Co Chief executive in this part of

745
00:33:31,240 --> 00:33:33,560
Speaker 2: the world ten and has past seven OSCAR got a

746
00:33:33,600 --> 00:33:36,680
Speaker 2: new Ministry of Justice. Victims of Crime Survey approval ratings

747
00:33:36,680 --> 00:33:38,320
Speaker 2: for the police have increased a couple of places to

748
00:33:38,400 --> 00:33:41,360
Speaker 2: sixty nine percent. Now the Police Acting Deputy Commissioner Mike Pennett,

749
00:33:41,400 --> 00:33:44,280
Speaker 2: where there's Mike morning, Good morning. Now the numbers are

750
00:33:44,280 --> 00:33:46,920
Speaker 2: the numbers. We feel, I think most of us that

751
00:33:47,000 --> 00:33:49,640
Speaker 2: things have changed, the approaches different, crime is coming down.

752
00:33:49,720 --> 00:33:52,160
Speaker 2: Do you see and feel that yourself, even if you

753
00:33:52,160 --> 00:33:53,280
Speaker 2: didn't have a survey.

754
00:33:54,400 --> 00:33:57,400
Speaker 12: Yes, we are seeing and feeling it, and we're feeling

755
00:33:58,800 --> 00:34:01,840
Speaker 12: that that change and the environment that the survey is

756
00:34:01,840 --> 00:34:04,680
Speaker 12: actually reinforcing those feelings, which is really important to us.

757
00:34:05,160 --> 00:34:07,520
Speaker 2: Is it fair to say most of us never actually

758
00:34:07,560 --> 00:34:11,040
Speaker 2: deal with the police and therefore this is just observation

759
00:34:11,239 --> 00:34:13,879
Speaker 2: And if it's just observation, what does it mean.

760
00:34:15,600 --> 00:34:18,799
Speaker 12: Look one hundred percent that the vast majority of the

761
00:34:18,840 --> 00:34:20,920
Speaker 12: public in New Zealand don't deal with police on a

762
00:34:21,000 --> 00:34:23,920
Speaker 12: day to day basis. This is observation, but it's observation

763
00:34:24,120 --> 00:34:26,800
Speaker 12: from people in their homes over a period of time

764
00:34:27,360 --> 00:34:31,240
Speaker 12: that reflect their interactions and their perceptions of what police

765
00:34:31,360 --> 00:34:32,520
Speaker 12: are and what we are doing.

766
00:34:32,920 --> 00:34:36,560
Speaker 2: The seventy four percent who were either satisfied or very

767
00:34:36,600 --> 00:34:38,759
Speaker 2: satisfied with the service they received when they did in

768
00:34:38,800 --> 00:34:42,319
Speaker 2: fact contact you. So this is real contact. Is that

769
00:34:42,320 --> 00:34:45,120
Speaker 2: that specific customer feedback? And what's that tell you?

770
00:34:47,000 --> 00:34:49,880
Speaker 12: That tells us that we're starting to get and ensuring

771
00:34:50,080 --> 00:34:55,879
Speaker 12: our public interaction and service is good and improving. Don't

772
00:34:55,880 --> 00:34:57,879
Speaker 12: get us wrong, we have a long way to go

773
00:34:58,160 --> 00:35:01,920
Speaker 12: and continuing to build trust confidence in the community is

774
00:35:01,960 --> 00:35:03,200
Speaker 12: absolutely vital to us.

775
00:35:03,440 --> 00:35:06,000
Speaker 2: Indeed, so that the people who don't get what they

776
00:35:06,040 --> 00:35:08,319
Speaker 2: wanted in an interaction like that, would that be the

777
00:35:08,400 --> 00:35:10,759
Speaker 2: lower level stuff and they're frustrated and there wasn't the

778
00:35:10,800 --> 00:35:12,720
Speaker 2: resource or they ever rang back or whatever.

779
00:35:14,200 --> 00:35:17,960
Speaker 12: Yeah, look, absolutely that can be the case. And you

780
00:35:17,960 --> 00:35:20,520
Speaker 12: know there are people that are satisfied with the way

781
00:35:20,960 --> 00:35:23,840
Speaker 12: they have a direction with the police, and that's to

782
00:35:23,880 --> 00:35:24,520
Speaker 12: be expected.

783
00:35:24,920 --> 00:35:27,040
Speaker 2: Is there a conversation there? The reason I asked the question,

784
00:35:27,120 --> 00:35:29,640
Speaker 2: is there a conversation there around expectation? It's the old

785
00:35:29,640 --> 00:35:32,480
Speaker 2: one one. One thing my summation of the police is

786
00:35:32,560 --> 00:35:35,600
Speaker 2: in a disaster, you're there. If I've got to cut

787
00:35:35,640 --> 00:35:37,920
Speaker 2: up a tree, maybe you're not in my might need

788
00:35:37,960 --> 00:35:40,120
Speaker 2: to lie my expectations on what you're actually there to do.

789
00:35:41,560 --> 00:35:44,080
Speaker 12: Yeah, and that comes back to the initiative. You're seeing

790
00:35:44,080 --> 00:35:47,439
Speaker 12: with our poor policing, we're actually going back to those

791
00:35:47,440 --> 00:35:49,800
Speaker 12: basics and doing what we do and doing it well.

792
00:35:50,080 --> 00:35:53,680
Speaker 12: Being visible. You've seen that with the Community Beat Policing indusatives.

793
00:35:54,000 --> 00:35:58,440
Speaker 12: You'll see it with our increased community Reassurance focus as well.

794
00:35:58,719 --> 00:36:03,200
Speaker 12: It's being visible, interacting and making every interaction with their public.

795
00:36:02,920 --> 00:36:04,520
Speaker 2: Count all right, We'll keep up the good word. Mike

796
00:36:04,520 --> 00:36:09,000
Speaker 2: Pennett of the Police thirteen past seven, the Affordability report

797
00:36:09,040 --> 00:36:11,040
Speaker 2: earlier on housing, our new numbers in this morning, just

798
00:36:11,080 --> 00:36:13,160
Speaker 2: quickly from trade Me just to update you the number

799
00:36:13,160 --> 00:36:15,920
Speaker 2: of properties listed for sale around the places continuing to climb.

800
00:36:16,000 --> 00:36:20,239
Speaker 2: You are not short of choice. Record levels on inventory,

801
00:36:20,520 --> 00:36:23,319
Speaker 2: Fair Beloan up twelve percent year on year, time to

802
00:36:23,360 --> 00:36:26,960
Speaker 2: sell going down, very good sign at Tigo up twenty

803
00:36:27,000 --> 00:36:30,280
Speaker 2: five percent on inventory South and Wellington Cantering up nineteen percent.

804
00:36:30,280 --> 00:36:33,359
Speaker 2: So a lot of housing asking price eight fifty one,

805
00:36:33,440 --> 00:36:37,799
Speaker 2: that's up, so time to sell down prices up, more

806
00:36:37,880 --> 00:36:39,879
Speaker 2: houses on the market. That's a sweet spot. As far

807
00:36:39,880 --> 00:36:43,200
Speaker 2: as I'm concerned. Two of fifteen regions are recorded both

808
00:36:43,239 --> 00:36:46,240
Speaker 2: month on month year on year growth in average asking prices,

809
00:36:46,280 --> 00:36:48,920
Speaker 2: So bullish might be too strong a word. But certainly,

810
00:36:49,480 --> 00:36:52,040
Speaker 2: certainly some light at the end of the housing tunnel.

811
00:36:52,080 --> 00:36:53,799
Speaker 2: There fourteen past.

812
00:36:54,360 --> 00:36:58,800
Speaker 1: The hike, Asking Breakfast Full Show podcast on iHeartRadio powered

813
00:36:58,800 --> 00:36:59,759
Speaker 1: by News Talks at B.

814
00:37:00,560 --> 00:37:02,640
Speaker 2: I should mention that the government changing, you're looking to

815
00:37:02,680 --> 00:37:05,640
Speaker 2: change some tax treatment. It's kind of high for louted,

816
00:37:05,640 --> 00:37:09,839
Speaker 2: but it deals with expats and new migrants, and it's

817
00:37:09,840 --> 00:37:12,359
Speaker 2: the way you treat tax and it all debtails them

818
00:37:12,360 --> 00:37:15,080
Speaker 2: with this investment conferences all anyway, the Revenue Minutes Assignment

819
00:37:15,080 --> 00:37:17,439
Speaker 2: WATS is with a shortly sixteen past seven, a good

820
00:37:17,440 --> 00:37:20,759
Speaker 2: old sky sport come to the inflationary party with a

821
00:37:20,760 --> 00:37:23,000
Speaker 2: good old price rise almost twelve percent more as of

822
00:37:23,080 --> 00:37:26,319
Speaker 2: May now. Octagon Aset Management Equities analyst Page Hennessy is

823
00:37:26,320 --> 00:37:29,160
Speaker 2: with us on this page. Morning to you. Morning makes

824
00:37:29,600 --> 00:37:31,479
Speaker 2: I'm very well indeed, so as a punter, of course,

825
00:37:31,480 --> 00:37:35,200
Speaker 2: we all hate wage rises or cost rises, but I

826
00:37:35,200 --> 00:37:38,520
Speaker 2: suppose that's an investor, it's the bottom line. You're bringing

827
00:37:38,520 --> 00:37:40,160
Speaker 2: in more revenue and if you can make it stick,

828
00:37:40,200 --> 00:37:40,920
Speaker 2: that's no bad thing.

829
00:37:42,160 --> 00:37:44,919
Speaker 21: Yeah, I mean, that's exactly right. Like, no one likes

830
00:37:44,920 --> 00:37:48,000
Speaker 21: the price increase, but for us as an investor, we

831
00:37:48,120 --> 00:37:51,160
Speaker 21: see it's a reflection of reality. For Sky Sports and

832
00:37:51,320 --> 00:37:55,400
Speaker 21: streaming sports new guns that the prices continue to go

833
00:37:55,600 --> 00:37:58,239
Speaker 21: up and for Sky to produce an actual profit, they

834
00:37:58,320 --> 00:38:01,080
Speaker 21: must reflect that within their prices, especially if inst Are

835
00:38:01,200 --> 00:38:03,879
Speaker 21: is not willing to see right sir, flation comes through

836
00:38:03,880 --> 00:38:04,560
Speaker 21: in their space.

837
00:38:05,200 --> 00:38:07,719
Speaker 2: The old nz Are debate, do you do? Analysts like

838
00:38:07,760 --> 00:38:09,520
Speaker 2: you follow that with a great deal of interest? Does

839
00:38:09,520 --> 00:38:12,200
Speaker 2: this make or break ish for Sky? Depending on which

840
00:38:12,200 --> 00:38:12,880
Speaker 2: way pauls?

841
00:38:14,239 --> 00:38:17,640
Speaker 21: And that is the huge debate for us really right

842
00:38:17,680 --> 00:38:20,200
Speaker 21: like last every five of the years we had this debate,

843
00:38:20,239 --> 00:38:23,040
Speaker 21: which is whether or not Sky actually needs those new

844
00:38:23,120 --> 00:38:26,680
Speaker 21: Zean Rugby riots to be a profitable business. And last

845
00:38:26,680 --> 00:38:29,000
Speaker 21: time everyone said it would have been fatal, and Sky

846
00:38:29,200 --> 00:38:31,920
Speaker 21: clearly agreed. They paid up one hundred million year and

847
00:38:31,960 --> 00:38:34,600
Speaker 21: gave a stake into Rugby to make sure they've secured

848
00:38:34,640 --> 00:38:35,680
Speaker 21: those rights over Spark.

849
00:38:36,239 --> 00:38:37,160
Speaker 12: The problem is we.

850
00:38:37,239 --> 00:38:39,759
Speaker 21: Just don't know right as an investor, we don't know

851
00:38:39,800 --> 00:38:42,920
Speaker 21: what the cost face looks like for Sky and ultimately

852
00:38:43,000 --> 00:38:46,439
Speaker 21: don't know how many consumers would churn on the back

853
00:38:46,440 --> 00:38:48,319
Speaker 21: of losing Rubby, and so for us it can be

854
00:38:48,400 --> 00:38:50,600
Speaker 21: quite make or break because we don't know whether or

855
00:38:50,640 --> 00:38:52,840
Speaker 21: not the share price will have from here.

856
00:38:52,760 --> 00:38:55,520
Speaker 2: That's from here, from an analyst point of view, is sport.

857
00:38:55,520 --> 00:38:57,399
Speaker 2: They're stickiest thing. In other words, they can come out

858
00:38:57,400 --> 00:38:58,799
Speaker 2: and yes, I hate it, but I will pay it

859
00:38:58,840 --> 00:39:01,120
Speaker 2: because it's sport and I love New Zealand love sport.

860
00:39:01,120 --> 00:39:05,680
Speaker 21: Therefore, though cough, I think that's really hard to tell.

861
00:39:05,719 --> 00:39:08,960
Speaker 21: I think New Zealanders absolutely love sport. I think what

862
00:39:09,200 --> 00:39:12,279
Speaker 21: New Zealander's is the breadth of the sports offering, and

863
00:39:12,280 --> 00:39:15,000
Speaker 21: that's what's probably the most important to Sky these days

864
00:39:15,080 --> 00:39:17,839
Speaker 21: is that it's not just New Zealand rugby you want

865
00:39:17,880 --> 00:39:18,200
Speaker 21: to watch.

866
00:39:18,200 --> 00:39:19,040
Speaker 12: You want to watch.

867
00:39:18,840 --> 00:39:22,400
Speaker 21: Af the NFL, the NBA, and it's the fact that

868
00:39:22,480 --> 00:39:25,000
Speaker 21: I can go to one place and pay for it all.

869
00:39:25,160 --> 00:39:27,400
Speaker 21: I think that that is their key consumer offering.

870
00:39:27,719 --> 00:39:31,560
Speaker 2: I couldn't agree with you more because I'm not interested.

871
00:39:32,160 --> 00:39:34,560
Speaker 2: Although I have the money to buy a whole bunch

872
00:39:34,640 --> 00:39:37,080
Speaker 2: of different stuff, I can't be bothered. And if I

873
00:39:37,120 --> 00:39:39,440
Speaker 2: can get it in one place, that's value, isn't it.

874
00:39:40,760 --> 00:39:43,399
Speaker 21: I totally agree. I think one it's convenience, and too,

875
00:39:43,440 --> 00:39:46,839
Speaker 21: I think you actually end up paying less overall, Like

876
00:39:46,880 --> 00:39:50,200
Speaker 21: if you think about the streaming on an entertainment basis,

877
00:39:50,239 --> 00:39:52,839
Speaker 21: if you're paying with Disney class pays with Netflix there

878
00:39:52,880 --> 00:39:56,200
Speaker 21: on Amazon, Eventually you end up paying more than if

879
00:39:56,200 --> 00:39:59,160
Speaker 21: you just paid for a single aggregator who was bundling

880
00:39:59,480 --> 00:40:01,319
Speaker 21: or your entertain into one. It's the same with sport,

881
00:40:01,360 --> 00:40:04,680
Speaker 21: and we've seen in the parts when Sparksport left the

882
00:40:04,760 --> 00:40:07,959
Speaker 21: market most people actually benefit because we saw more sport

883
00:40:08,080 --> 00:40:10,759
Speaker 21: roll back into Sky and suddenly we weren't paying an

884
00:40:10,760 --> 00:40:13,560
Speaker 21: extra twenty five dollars a month on top for Sparkport

885
00:40:13,600 --> 00:40:16,560
Speaker 21: that we were also already paying for Skysport because most

886
00:40:16,600 --> 00:40:18,920
Speaker 21: of them reality had both packages exactly.

887
00:40:18,960 --> 00:40:20,319
Speaker 2: I don't really have time for this, but I'm too

888
00:40:20,320 --> 00:40:23,399
Speaker 2: fascinated if the Zone come in and could they take

889
00:40:23,480 --> 00:40:24,719
Speaker 2: Sky completely.

890
00:40:26,800 --> 00:40:29,360
Speaker 21: Look, they've done it, They've done it in Australia just recently.

891
00:40:29,400 --> 00:40:31,719
Speaker 21: They're a quiet Fox Shower, which you would consider the

892
00:40:31,880 --> 00:40:35,600
Speaker 21: Sky's counterpart. I think that's a smart pay, Like do

893
00:40:35,680 --> 00:40:37,920
Speaker 21: you come into a market you don't know with a

894
00:40:37,960 --> 00:40:40,560
Speaker 21: singular sport and a subscriber base you don't have. That

895
00:40:40,680 --> 00:40:43,960
Speaker 21: seems like a hard way to monetize assets to me,

896
00:40:44,320 --> 00:40:46,960
Speaker 21: Whereas you could pick up Sky Sky trades that are

897
00:40:47,000 --> 00:40:50,439
Speaker 21: two times even a monthiple they just paid seven times

898
00:40:50,480 --> 00:40:53,360
Speaker 21: for Foxtown Australia like it is a bargain and you

899
00:40:53,400 --> 00:40:55,719
Speaker 21: get your huge subscriber base around six hundred and fifty

900
00:40:55,719 --> 00:40:59,000
Speaker 21: thousand subscribers on top of a bundle of sports rights

901
00:40:59,000 --> 00:41:02,120
Speaker 21: and entertainment rights. It just seems to me the microological

902
00:41:02,160 --> 00:41:04,680
Speaker 21: answer if designer is going to come into the market, right.

903
00:41:04,600 --> 00:41:06,400
Speaker 2: Stuff page, I'm Joe talking to you. Appreciate it. We'll

904
00:41:06,400 --> 00:41:08,520
Speaker 2: get your back page. Hennessy, Who's where the Octagon Asset

905
00:41:08,600 --> 00:41:12,520
Speaker 2: Management Equities? Watch the Space seven twenty.

906
00:41:13,920 --> 00:41:18,760
Speaker 1: The mic Asking Breakfast Full Show podcast on iHeartRadio powered

907
00:41:18,760 --> 00:41:19,759
Speaker 1: by News Talks EP.

908
00:41:22,120 --> 00:41:23,920
Speaker 2: Now, if you're looking for the smartest way to boost

909
00:41:23,960 --> 00:41:25,880
Speaker 2: your homes value in the static market, you're got to

910
00:41:25,920 --> 00:41:27,520
Speaker 2: listen up to this because the smartest way you can

911
00:41:27,560 --> 00:41:31,000
Speaker 2: do it is you do it. Ud Uit Kitchens are

912
00:41:31,000 --> 00:41:33,680
Speaker 2: for almost fifty years Bury Proud QWI company. They've been

913
00:41:33,680 --> 00:41:37,320
Speaker 2: helping homeowners create superior quality kitchens and incredibly affordable prices.

914
00:41:37,320 --> 00:41:40,320
Speaker 2: So what makes them affordable? Well, you do the design.

915
00:41:40,920 --> 00:41:43,240
Speaker 2: So there is the tools that you customize cabinet sizes

916
00:41:43,280 --> 00:41:45,480
Speaker 2: no extra cost. You can choose from over thirty five

917
00:41:45,520 --> 00:41:48,000
Speaker 2: color options. Once you've locked in that design, that you

918
00:41:48,120 --> 00:41:50,960
Speaker 2: do it team. They then precision manufacture that kitchen right

919
00:41:50,960 --> 00:41:53,000
Speaker 2: here on the country in only seven days. Everything is

920
00:41:53,040 --> 00:41:55,000
Speaker 2: dispatched to your door. It's incredible. So you don't need

921
00:41:55,040 --> 00:41:56,919
Speaker 2: to be a DIY pro either, by the way, because

922
00:41:56,960 --> 00:41:59,799
Speaker 2: assembly is super easy and the local DIY experts there

923
00:41:59,760 --> 00:42:02,040
Speaker 2: are on email away to help you every step of

924
00:42:02,040 --> 00:42:03,640
Speaker 2: the way. So when the housing market's a bit flat,

925
00:42:03,719 --> 00:42:07,520
Speaker 2: strategic improvements are your best investment. So get the exact

926
00:42:07,600 --> 00:42:10,000
Speaker 2: kitchen you want at real value to your home, save

927
00:42:10,120 --> 00:42:13,759
Speaker 2: thousands in the process, simple as you d U you

928
00:42:13,880 --> 00:42:16,000
Speaker 2: do it. Their customers are proud to say I did

929
00:42:16,040 --> 00:42:19,640
Speaker 2: it myself, asking seven twenty four. So the latest pole,

930
00:42:19,719 --> 00:42:21,920
Speaker 2: Oh yes, another pole. This one's on school lunches. Did

931
00:42:21,960 --> 00:42:24,359
Speaker 2: you see that? It's no more credible, by the way

932
00:42:24,400 --> 00:42:26,200
Speaker 2: than the political pole that came out the other day.

933
00:42:26,239 --> 00:42:29,040
Speaker 2: But but it does play into the narrative, and the

934
00:42:29,120 --> 00:42:32,080
Speaker 2: narrative is like it or not, the school lunch program

935
00:42:32,160 --> 00:42:34,440
Speaker 2: is a dog. Now regulars will know my views on this.

936
00:42:34,520 --> 00:42:38,560
Speaker 2: I am frustrated beyond words at the mad pile on

937
00:42:38,600 --> 00:42:41,360
Speaker 2: that has ensued around this. A government with a basket

938
00:42:41,360 --> 00:42:44,440
Speaker 2: case economy handed to them by economic vandals has worked

939
00:42:44,440 --> 00:42:47,640
Speaker 2: desperately to write the ship. One project seeking savings was

940
00:42:47,719 --> 00:42:50,239
Speaker 2: school lunches, which we shouldn't even be providing in the

941
00:42:50,239 --> 00:42:53,080
Speaker 2: first place. It's turned into a middle class bitch fest

942
00:42:53,200 --> 00:42:56,640
Speaker 2: led by unions, agitators and a lazy, biased, compliant media

943
00:42:56,719 --> 00:43:00,880
Speaker 2: but not helping. Word delivery issues, not good enough but

944
00:43:00,960 --> 00:43:03,959
Speaker 2: now seemingly fixed and exploding lunch in a burnt kid,

945
00:43:04,160 --> 00:43:06,839
Speaker 2: not good enough, and a company now in liquidation. Although

946
00:43:06,880 --> 00:43:09,799
Speaker 2: important to note, as we mentioned yesterday, it has no

947
00:43:09,840 --> 00:43:12,799
Speaker 2: effect on the actual lunch production and rollout, so the

948
00:43:12,840 --> 00:43:16,160
Speaker 2: rest of it was just nonsense sniveling teachers who claimed

949
00:43:16,200 --> 00:43:19,000
Speaker 2: kids didn't like the taste. It is truly pathetic, and

950
00:43:19,040 --> 00:43:20,640
Speaker 2: made worse by the fact the world has got some

951
00:43:20,680 --> 00:43:22,440
Speaker 2: real issues to be focused on at the moment, but

952
00:43:22,480 --> 00:43:26,880
Speaker 2: we're too myopic to notice. But Torbert Mills poll about

953
00:43:26,880 --> 00:43:29,120
Speaker 2: as useful as the Curier pole the other day, random

954
00:43:29,200 --> 00:43:31,960
Speaker 2: thoughts of people who say yes, having an opinion but

955
00:43:32,040 --> 00:43:34,520
Speaker 2: not based on any knowledge. Sixty five percent say the

956
00:43:34,600 --> 00:43:38,120
Speaker 2: lunch program isn't working. How would they know? Media coverage

957
00:43:38,160 --> 00:43:41,040
Speaker 2: is the answer? Media is biased. Sixty percent want the

958
00:43:41,080 --> 00:43:44,400
Speaker 2: old system back. Who's paying for that? See Pole answers

959
00:43:44,440 --> 00:43:46,560
Speaker 2: Easy answer, Pole Real easy who's actually paying for it.

960
00:43:46,880 --> 00:43:49,720
Speaker 2: Fifty three percent of people are not convinced our National

961
00:43:49,800 --> 00:43:53,560
Speaker 2: Party supporters. Now here's the issue. See, it doesn't matter

962
00:43:53,560 --> 00:43:55,920
Speaker 2: what's right or wrong, accurate or factory or silly or

963
00:43:55,960 --> 00:44:00,279
Speaker 2: overhyped or engineered as a campaign politically. From the unions,

964
00:44:00,280 --> 00:44:02,600
Speaker 2: teachers and media's point of view, this is what it's

965
00:44:02,640 --> 00:44:06,320
Speaker 2: been successful. People believe it's a mess, and perception is reality,

966
00:44:06,480 --> 00:44:10,239
Speaker 2: and in politics, perception is votes. If people believe you

967
00:44:10,239 --> 00:44:13,279
Speaker 2: are hopeless or dishonest or don't deliver, it is what

968
00:44:13,280 --> 00:44:15,640
Speaker 2: it is. Logic, fact and truth come a very distant

969
00:44:15,680 --> 00:44:17,959
Speaker 2: second of vibe and mood. Can it be fixed? Yes?

970
00:44:18,239 --> 00:44:19,960
Speaker 2: Can the mood be turned? Of course it can. This

971
00:44:20,000 --> 00:44:21,799
Speaker 2: will be a non event in no time, like most

972
00:44:21,800 --> 00:44:27,160
Speaker 2: small scraps that absorb us, but as an exercise in conception, execution, delivery,

973
00:44:27,239 --> 00:44:31,240
Speaker 2: and sales numbers, no matter how lucipol may be. Don't

974
00:44:31,480 --> 00:44:34,600
Speaker 2: lie pasking Mike. Can you ask Sky why won't they

975
00:44:34,640 --> 00:44:37,399
Speaker 2: allow sports only package? I just want sport. I think

976
00:44:37,400 --> 00:44:39,440
Speaker 2: they do have a sports only package. They don't have

977
00:44:39,440 --> 00:44:40,160
Speaker 2: a sports only view.

978
00:44:40,239 --> 00:44:41,520
Speaker 17: You have to have the starter pack.

979
00:44:42,920 --> 00:44:47,960
Speaker 2: What about that sport go skysport go, what skysport goes

980
00:44:48,000 --> 00:44:50,040
Speaker 2: by itself. You buy skysport go that's it.

981
00:44:50,400 --> 00:44:55,040
Speaker 17: Well, don't get okay.

982
00:44:55,600 --> 00:44:58,560
Speaker 2: My point is, are we confused as punters and customers? Yes?

983
00:44:58,600 --> 00:45:00,200
Speaker 2: We are. Do we know what the answers to these

984
00:45:00,280 --> 00:45:02,400
Speaker 2: questions are? No, we do not. Are there too many

985
00:45:02,400 --> 00:45:04,799
Speaker 2: players in the market offering too many different things, too

986
00:45:04,800 --> 00:45:07,520
Speaker 2: many different price points, And eventually we just go, oh,

987
00:45:07,600 --> 00:45:09,879
Speaker 2: you know what, I can't be bother that I think

988
00:45:09,920 --> 00:45:12,440
Speaker 2: Neon put their prices up as well, wouldn't they? And

989
00:45:12,560 --> 00:45:14,279
Speaker 2: I got Neon, And if it wasn't for White Lotus,

990
00:45:14,280 --> 00:45:16,960
Speaker 2: I wouldn't have Neon. Actually, speaking of companies, I've got

991
00:45:16,960 --> 00:45:19,480
Speaker 2: a very good story on All Birds. Still a really

992
00:45:19,560 --> 00:45:24,160
Speaker 2: ugly shoe. No change there, really ugly shoe, but they've

993
00:45:24,760 --> 00:45:28,759
Speaker 2: possibly pulled off a stroke of genius. More shortly to.

994
00:45:28,880 --> 00:45:32,799
Speaker 1: New Zealand's home for Trusted News and Views, the Mike

995
00:45:32,880 --> 00:45:37,320
Speaker 1: Hosking Breakfast with the range Rover Villa designed to intrigue

996
00:45:37,360 --> 00:45:38,640
Speaker 1: and use tokstead.

997
00:45:38,239 --> 00:45:39,919
Speaker 2: Be Not only do I have a very good three

998
00:45:39,920 --> 00:45:42,920
Speaker 2: about All Birds, one in the Redistrict Council might be

999
00:45:43,000 --> 00:45:46,840
Speaker 2: my favorite council in the history of local body politics

1000
00:45:46,840 --> 00:45:48,480
Speaker 2: in this country. So more on that shortly will go

1001
00:45:48,480 --> 00:45:50,239
Speaker 2: to Melbourne in the F one after eight meantime, a

1002
00:45:50,280 --> 00:45:51,960
Speaker 2: little bit of movement and the tax treatment or a

1003
00:45:52,000 --> 00:45:55,000
Speaker 2: treatment of tax. These are changes to the Foreign Investment

1004
00:45:55,080 --> 00:45:57,800
Speaker 2: Fund rules. Now. The idea is that encourages migrants to

1005
00:45:57,840 --> 00:45:59,920
Speaker 2: stay in the country. A double tax is a real

1006
00:46:00,120 --> 00:46:03,120
Speaker 2: concerned apparently for many wanting to move here, not only

1007
00:46:03,160 --> 00:46:05,560
Speaker 2: migrants but expats as well. Essentially it's about paying tax

1008
00:46:05,560 --> 00:46:07,720
Speaker 2: on investments when the gains are realized. Now the Revenue

1009
00:46:07,719 --> 00:46:09,920
Speaker 2: Minister Simon Wattson is with us. Simon, very good morning

1010
00:46:09,920 --> 00:46:13,759
Speaker 2: to you morning. Are you part of this big investment

1011
00:46:14,000 --> 00:46:16,600
Speaker 2: welcome to the world thing over the next couple of days.

1012
00:46:17,480 --> 00:46:17,719
Speaker 14: I am.

1013
00:46:17,760 --> 00:46:19,560
Speaker 7: I'm actually in the Beehive at the moment that I'm

1014
00:46:19,719 --> 00:46:22,040
Speaker 7: heading there this evening to do some talks tomorrow with

1015
00:46:22,200 --> 00:46:23,400
Speaker 7: energy investors.

1016
00:46:23,440 --> 00:46:27,080
Speaker 2: Fantastic. So this treatment without getting too high for looting

1017
00:46:27,160 --> 00:46:30,680
Speaker 2: about it, and this is mainly aimed at Texas at tech.

1018
00:46:30,719 --> 00:46:32,640
Speaker 2: Has this been on your radar for a while? Is

1019
00:46:32,680 --> 00:46:34,000
Speaker 2: this a major issue or not?

1020
00:46:35,200 --> 00:46:37,120
Speaker 7: Yeah, it has, It's been on the radar. I've heard

1021
00:46:37,120 --> 00:46:40,080
Speaker 7: it clearly pretty much as I came in as Revenue

1022
00:46:40,080 --> 00:46:43,239
Speaker 7: Minister new Zilland's one of the only countries in the

1023
00:46:43,280 --> 00:46:48,120
Speaker 7: world taxes these foreign investments based on assumed earnings I

1024
00:46:48,120 --> 00:46:51,640
Speaker 7: guess you could say paper earnings versus actual real ones.

1025
00:46:51,800 --> 00:46:56,560
Speaker 7: And this system hits migrants, particularly returning kiwis, and those

1026
00:46:56,600 --> 00:46:59,440
Speaker 7: that are wealthy unfairly, especially those in the tech and

1027
00:46:59,520 --> 00:47:02,960
Speaker 7: startup and you know, we've made some changes to fix

1028
00:47:03,400 --> 00:47:06,120
Speaker 7: that system, and we've been getting some pretty good feedback

1029
00:47:06,120 --> 00:47:06,920
Speaker 7: around that good.

1030
00:47:07,040 --> 00:47:09,720
Speaker 2: So an example would be I invest in a company,

1031
00:47:09,719 --> 00:47:12,680
Speaker 2: its value starts to rocket, I'm not it may well

1032
00:47:12,719 --> 00:47:15,160
Speaker 2: be still losing money. I'm not getting anything back, but

1033
00:47:15,200 --> 00:47:16,960
Speaker 2: you were still taxing me on that.

1034
00:47:18,239 --> 00:47:20,920
Speaker 7: It's right, in effect, taxing you on the paper profit,

1035
00:47:21,080 --> 00:47:22,759
Speaker 7: but you haven't got any cash to be able to

1036
00:47:22,760 --> 00:47:25,960
Speaker 7: pay that tax bill until you actually sell the business

1037
00:47:26,040 --> 00:47:29,680
Speaker 7: or realize that that's not obviously going to be that helpful.

1038
00:47:30,280 --> 00:47:32,840
Speaker 7: And we've made changes to allow you to wait until

1039
00:47:32,840 --> 00:47:36,200
Speaker 7: you actually make that sale before you pay that tax.

1040
00:47:36,239 --> 00:47:38,600
Speaker 7: And it's quite a simple change in what is a

1041
00:47:38,640 --> 00:47:41,600
Speaker 7: complex area. But you know, what we do know is

1042
00:47:41,719 --> 00:47:44,640
Speaker 7: that for wealthy returning kiwis, a lot of them go

1043
00:47:44,680 --> 00:47:46,640
Speaker 7: to Silicon Valley or wherever they go and start a

1044
00:47:46,680 --> 00:47:49,200
Speaker 7: business overseas. They make a bit of money. But this

1045
00:47:49,320 --> 00:47:51,560
Speaker 7: is one of those barriers, and you know, it's not

1046
00:47:51,600 --> 00:47:53,440
Speaker 7: going to solve the world, but it is actually going

1047
00:47:53,520 --> 00:47:56,680
Speaker 7: to make it easier for those returning Keyis and migrants

1048
00:47:56,680 --> 00:47:58,399
Speaker 7: to go, hey, you know, I'm going to go back

1049
00:47:58,400 --> 00:48:00,520
Speaker 7: to New Zealand and set up life here, and every

1050
00:48:00,520 --> 00:48:03,440
Speaker 7: one of those people that comes back here is going

1051
00:48:03,480 --> 00:48:05,680
Speaker 7: to pay tax and that's more than what we have today.

1052
00:48:05,760 --> 00:48:08,360
Speaker 7: So from our point of view, you know, this upside.

1053
00:48:07,920 --> 00:48:09,960
Speaker 2: Any sense of the split, how much of it's about

1054
00:48:09,960 --> 00:48:12,799
Speaker 2: expats versus new migrants, and the migrants actually once they

1055
00:48:12,880 --> 00:48:13,879
Speaker 2: land here staying here.

1056
00:48:15,040 --> 00:48:18,120
Speaker 7: It's pretty hard to quantify. But from our point of view,

1057
00:48:18,160 --> 00:48:20,239
Speaker 7: we just want to move any of the barriers that

1058
00:48:20,239 --> 00:48:23,120
Speaker 7: are stopping these people either coming home or wanting to

1059
00:48:23,160 --> 00:48:25,720
Speaker 7: choose New Zealand as a place to invest and do business.

1060
00:48:25,920 --> 00:48:27,840
Speaker 7: So from our point of view, you know, we're not

1061
00:48:28,719 --> 00:48:31,600
Speaker 7: either either does well for us. But you know, we

1062
00:48:31,640 --> 00:48:34,520
Speaker 7: had a pro system that was broken and we've taken

1063
00:48:34,520 --> 00:48:36,440
Speaker 7: the action to fix it, and you know, I think

1064
00:48:36,440 --> 00:48:37,080
Speaker 7: that's going to be good.

1065
00:48:37,120 --> 00:48:38,600
Speaker 2: So when you say you've taken the extit thing, this

1066
00:48:38,680 --> 00:48:40,920
Speaker 2: goes back to when in twenty four is at April

1067
00:48:40,920 --> 00:48:41,399
Speaker 2: twenty four.

1068
00:48:42,440 --> 00:48:45,000
Speaker 7: It's actually going to be put through in the tax bill,

1069
00:48:45,040 --> 00:48:47,440
Speaker 7: but it goes we've done it retrospectively, so from the

1070
00:48:47,480 --> 00:48:51,240
Speaker 7: first of April twenty twenty four this will come into play.

1071
00:48:51,320 --> 00:48:55,280
Speaker 7: So stick of certainty to investors right now knowing Okay, well,

1072
00:48:55,719 --> 00:48:57,880
Speaker 7: I know how this is going to work. That's an

1073
00:48:57,960 --> 00:49:01,759
Speaker 7: upside for me, and I'm going to.

1074
00:49:00,880 --> 00:49:02,600
Speaker 2: The other thing. Of course, when you get migrants in

1075
00:49:02,640 --> 00:49:04,160
Speaker 2: the country they want to buy a house, when you're

1076
00:49:04,200 --> 00:49:05,600
Speaker 2: going to move on that and let them buy.

1077
00:49:05,520 --> 00:49:09,839
Speaker 7: A house, Well, that's not under my portfolio, Mike, as

1078
00:49:09,880 --> 00:49:13,600
Speaker 7: you know, but I'm sure other people are considering that

1079
00:49:13,760 --> 00:49:15,480
Speaker 7: at the moment that I don't have any update on that.

1080
00:49:15,640 --> 00:49:17,040
Speaker 2: Good on, You're nice to talk to. You appreciate it

1081
00:49:17,120 --> 00:49:19,719
Speaker 2: very much, Simon, what's revenue minister? Nineteen minutes away from

1082
00:49:19,800 --> 00:49:22,399
Speaker 2: seven to ask? Eighteen minutes away from it. The reason

1083
00:49:22,400 --> 00:49:24,440
Speaker 2: I asked that question is there was a question specifically

1084
00:49:24,480 --> 00:49:26,200
Speaker 2: about it in the House yesterday and Peters, who was

1085
00:49:26,239 --> 00:49:29,200
Speaker 2: playing Prime Minister, denied it. So the word is that

1086
00:49:29,239 --> 00:49:31,080
Speaker 2: they're going to make the announcement over the next couple

1087
00:49:31,080 --> 00:49:33,800
Speaker 2: of days that the ban on the foreign house buying

1088
00:49:33,960 --> 00:49:37,719
Speaker 2: is going to be dropped. Currently there are exemptions for expats,

1089
00:49:37,760 --> 00:49:42,880
Speaker 2: obviously Australians and singapore Rians, and that sort of takes

1090
00:49:42,920 --> 00:49:44,560
Speaker 2: everybody else out of the picture. But they're going to

1091
00:49:44,640 --> 00:49:46,920
Speaker 2: change that. But there was a question yesterday and Peter's

1092
00:49:46,960 --> 00:49:48,920
Speaker 2: I don't know whether Peters was playing silly buggers or

1093
00:49:48,920 --> 00:49:51,400
Speaker 2: whether they sort of struck a hurdle because he's the

1094
00:49:51,400 --> 00:49:54,560
Speaker 2: one who was holding it up. Mike, call me dumb,

1095
00:49:55,000 --> 00:49:57,560
Speaker 2: but how do these investment companies make money off infrastructure

1096
00:49:57,560 --> 00:49:59,880
Speaker 2: projects in New Zealand? It's very simple. What happens is

1097
00:50:00,120 --> 00:50:01,920
Speaker 2: that the government of the day says we want to

1098
00:50:01,920 --> 00:50:04,040
Speaker 2: build a road. Do you want to help us build

1099
00:50:04,040 --> 00:50:05,919
Speaker 2: a road? And the investment fund goes yes, we would,

1100
00:50:05,920 --> 00:50:07,120
Speaker 2: And I tell you what we'll do. We'll have a

1101
00:50:07,120 --> 00:50:09,160
Speaker 2: look at how long is the road, and how wide

1102
00:50:09,200 --> 00:50:11,080
Speaker 2: do you want it, and what sort of material would

1103
00:50:11,080 --> 00:50:12,359
Speaker 2: you like it made of? And when do you want

1104
00:50:12,400 --> 00:50:14,319
Speaker 2: it done? By right, we'll charge one hundred bucks. That's

1105
00:50:14,320 --> 00:50:17,120
Speaker 2: how it works, and that one hundred dollars includes a margin,

1106
00:50:17,160 --> 00:50:19,640
Speaker 2: and they take the margins like any other business transaction.

1107
00:50:19,840 --> 00:50:24,319
Speaker 1: Eighteen to two The Mike Asking Breakfast Full Show podcast

1108
00:50:24,480 --> 00:50:26,920
Speaker 1: on iHeartRadio powered by news talks.

1109
00:50:26,960 --> 00:50:29,920
Speaker 2: It'd be now All Birds they lost. They made their

1110
00:50:29,920 --> 00:50:33,120
Speaker 2: announcement yesterday. They lost another ninety three million dollars. They

1111
00:50:33,239 --> 00:50:35,600
Speaker 2: lose a tremendous amount of money. Actually, the full year

1112
00:50:35,640 --> 00:50:38,240
Speaker 2: twenty four revenue fell by twenty five percent, one hundred

1113
00:50:38,239 --> 00:50:41,040
Speaker 2: and eighty nine million dollars down. Timbre See the thing

1114
00:50:41,040 --> 00:50:42,840
Speaker 2: about All Birds that I like is Tim Brown's and

1115
00:50:42,920 --> 00:50:44,800
Speaker 2: Volve Form are all white of courso in New Zealand

1116
00:50:44,800 --> 00:50:46,640
Speaker 2: connection he got out to the world. He sort of

1117
00:50:46,680 --> 00:50:49,400
Speaker 2: made a massive splash and tech was all into it,

1118
00:50:49,440 --> 00:50:51,560
Speaker 2: and these shoes were fantastic and it was the future.

1119
00:50:51,560 --> 00:50:53,560
Speaker 2: But that it's never really taken off. And I've discussed

1120
00:50:53,560 --> 00:50:55,279
Speaker 2: it at length on the program. We've had Tim on

1121
00:50:55,360 --> 00:50:58,359
Speaker 2: the program. He remains bullish for his company. They were

1122
00:50:58,360 --> 00:51:00,640
Speaker 2: big on bricks and mortar for a while. I like

1123
00:51:00,719 --> 00:51:03,040
Speaker 2: bricks and mortar. The bricks and mortar hasn't gone well.

1124
00:51:03,520 --> 00:51:05,839
Speaker 2: Part of their losses involved the cost of closing down

1125
00:51:05,880 --> 00:51:08,680
Speaker 2: all these stores. But then the other day, purely by accident,

1126
00:51:09,920 --> 00:51:14,520
Speaker 2: I discovered what I regard as potentially a stroke of genius,

1127
00:51:15,200 --> 00:51:17,920
Speaker 2: and I stumbled across a video series that's hosted by

1128
00:51:17,960 --> 00:51:21,279
Speaker 2: Stanley Tucci who I could not be more in love with.

1129
00:51:21,760 --> 00:51:24,680
Speaker 2: And if you haven't seen this program about discovering Italy,

1130
00:51:24,719 --> 00:51:28,680
Speaker 2: that's a must as well. But he's been hired by

1131
00:51:28,719 --> 00:51:32,279
Speaker 2: All Birds in a content marketing series. Basically, it's sort

1132
00:51:32,320 --> 00:51:35,440
Speaker 2: of dreamed dinner party. It's called something like cards on

1133
00:51:35,480 --> 00:51:37,879
Speaker 2: the Table and they sit around with guests and they

1134
00:51:37,880 --> 00:51:40,080
Speaker 2: pull a card out and they ask a question. But

1135
00:51:40,200 --> 00:51:43,640
Speaker 2: he's hosting it, so that elevates the thing immediately. First guest,

1136
00:51:43,800 --> 00:51:46,160
Speaker 2: three people around the table. One guy I can't remember

1137
00:51:46,200 --> 00:51:48,640
Speaker 2: the name of, but Carlos Seitz was one of them.

1138
00:51:48,680 --> 00:51:52,120
Speaker 2: So if one immediately he's there with melc spice girl,

1139
00:51:52,719 --> 00:51:54,600
Speaker 2: and they do this thing where they just sit around

1140
00:51:54,640 --> 00:51:56,799
Speaker 2: the table, have a discussion, ask some questions. Something of

1141
00:51:56,800 --> 00:51:59,520
Speaker 2: this is called Now I don't know what it's got

1142
00:51:59,520 --> 00:52:01,239
Speaker 2: to do with it Birds or whether you go out

1143
00:52:01,280 --> 00:52:03,440
Speaker 2: and buy a pair of jandles as a result of

1144
00:52:03,480 --> 00:52:06,759
Speaker 2: watching this, but it's a clever idea. It's very conceptual

1145
00:52:06,800 --> 00:52:08,680
Speaker 2: and I'm into this. One thing I did notice, by

1146
00:52:08,680 --> 00:52:11,480
Speaker 2: the way, when he introduced himself, Carlos Science calls himself

1147
00:52:11,520 --> 00:52:16,239
Speaker 2: Carlos Sciinth. There is no z Carlos Saint, not so

1148
00:52:16,400 --> 00:52:18,920
Speaker 2: next time it's Carlos science wrong, Carlos Saint.

1149
00:52:19,520 --> 00:52:22,120
Speaker 17: I've been still been calling him. Carlos says, well.

1150
00:52:22,040 --> 00:52:25,840
Speaker 2: You're wrong, double wrong, double wrong. So anyway, look that

1151
00:52:25,960 --> 00:52:27,680
Speaker 2: up and see what you think. But as an I

1152
00:52:27,719 --> 00:52:30,040
Speaker 2: don't know what it costs them. I don't know what

1153
00:52:30,120 --> 00:52:32,840
Speaker 2: Stanley Tucci charges to sit around a table for extended

1154
00:52:32,880 --> 00:52:34,800
Speaker 2: periods of time and talk to people out a dinner parties.

1155
00:52:34,800 --> 00:52:37,359
Speaker 2: But it's I like the idea and it's well worth

1156
00:52:37,400 --> 00:52:39,719
Speaker 2: looking up. And if it helps all birds, fantastic.

1157
00:52:39,760 --> 00:52:43,799
Speaker 17: Now, so he's just making a career eating things on TV.

1158
00:52:43,600 --> 00:52:47,200
Speaker 2: Does it's what he does. It's fantastic. And now next

1159
00:52:47,760 --> 00:52:50,719
Speaker 2: is Wanganui Council, which yesterday I told you about. I

1160
00:52:50,760 --> 00:52:53,480
Speaker 2: think it's a good idea. So Wanganui yesterday I told

1161
00:52:53,520 --> 00:52:56,680
Speaker 2: you about. Is you apply, you go in a pool

1162
00:52:56,880 --> 00:52:59,279
Speaker 2: of local voters, a pool so to speak. Yeah, that

1163
00:52:59,360 --> 00:53:01,880
Speaker 2: was a leading up to that, Glenn, you killed them

1164
00:53:01,880 --> 00:53:02,600
Speaker 2: a punchline.

1165
00:53:02,760 --> 00:53:04,040
Speaker 17: Sorry, just forget I said anything.

1166
00:53:04,360 --> 00:53:07,759
Speaker 2: So you go and pull they pull your name out

1167
00:53:08,120 --> 00:53:11,120
Speaker 2: and they then pay you five hundred dollars to go

1168
00:53:11,160 --> 00:53:13,719
Speaker 2: to a series of meetings about five lasting three hours each,

1169
00:53:13,760 --> 00:53:16,360
Speaker 2: So fifteen hours worth of meetings on this particular subject

1170
00:53:16,360 --> 00:53:19,959
Speaker 2: at swimming outdoor swimming and Wanganui. So I thought, that's

1171
00:53:19,960 --> 00:53:22,000
Speaker 2: not an unreasonable idea if it gets more and more

1172
00:53:22,000 --> 00:53:24,680
Speaker 2: people involved in local body politics. The s Morning's News

1173
00:53:24,880 --> 00:53:27,680
Speaker 2: also from Wanganui. How many times have you heard Wanganui

1174
00:53:27,760 --> 00:53:29,000
Speaker 2: mentioned twice on this program?

1175
00:53:29,040 --> 00:53:32,240
Speaker 17: Never well since they changed their name, Well, exactly.

1176
00:53:32,000 --> 00:53:36,320
Speaker 2: Why wangan Oui. They're dropping the curb side food scrap collection.

1177
00:53:36,680 --> 00:53:40,040
Speaker 2: So the stupid little plastic containers that some seties around

1178
00:53:40,080 --> 00:53:42,520
Speaker 2: the country have where you put your orange peel in

1179
00:53:42,640 --> 00:53:44,520
Speaker 2: and then you put it out on the footpath and

1180
00:53:44,560 --> 00:53:47,479
Speaker 2: watch the wind blow them all away, complete and utter

1181
00:53:47,480 --> 00:53:50,080
Speaker 2: waste of time. Reason councils did it as the previous

1182
00:53:50,120 --> 00:53:53,680
Speaker 2: government that shall not be mentioned made it compulsory. Of

1183
00:53:53,719 --> 00:53:57,040
Speaker 2: course they did so. Anyway, now the new government that

1184
00:53:57,120 --> 00:53:59,279
Speaker 2: will be mentioned said, don't worry about it if you

1185
00:53:59,320 --> 00:54:01,520
Speaker 2: don't want to so wog and we thought, ah, shall

1186
00:54:01,520 --> 00:54:03,640
Speaker 2: we worry about it? Then they had a vote. The

1187
00:54:03,719 --> 00:54:09,879
Speaker 2: vote was unanimous to drop it downside. They do have

1188
00:54:10,000 --> 00:54:13,239
Speaker 2: nineteen thousand of these plastic buckets that they're not one

1189
00:54:13,280 --> 00:54:15,920
Speaker 2: hundred percent sure what to do with, but they're not

1190
00:54:15,920 --> 00:54:17,960
Speaker 2: going to distribute them around the place. Therefore, they're not

1191
00:54:17,960 --> 00:54:20,040
Speaker 2: going to get blown all over Wanganui in the wind

1192
00:54:20,400 --> 00:54:23,040
Speaker 2: and or be ignored by most people, who, of course

1193
00:54:23,360 --> 00:54:28,440
Speaker 2: can't be bothered. So Wanganui tick tick two times in

1194
00:54:28,480 --> 00:54:31,760
Speaker 2: a week and it's only Thursday, twelve away from eight.

1195
00:54:32,280 --> 00:54:36,360
Speaker 1: The Mike Husking breakfast with Bailey's Real Estate News dogs they'd.

1196
00:54:36,200 --> 00:54:37,759
Speaker 2: Be right away from it. So it turns out if

1197
00:54:37,800 --> 00:54:39,480
Speaker 2: you didn't know, there's a big money in being a

1198
00:54:39,480 --> 00:54:42,120
Speaker 2: social influencer these days, and tourism apparently is cashing in.

1199
00:54:42,200 --> 00:54:44,680
Speaker 2: Last year, Tourism in z spent one point four million

1200
00:54:45,200 --> 00:54:48,200
Speaker 2: on fifty offshore influences. Auckland Unlimited dished out more than

1201
00:54:48,200 --> 00:54:50,560
Speaker 2: one hundred thousand dollars christ uses on board as well. Anyway,

1202
00:54:50,640 --> 00:54:53,320
Speaker 2: how does this all work? Tourism industry CEO are Rebecca

1203
00:54:53,480 --> 00:54:58,040
Speaker 2: Ingram's with us Rebecca good Morning. One of the examples

1204
00:54:58,280 --> 00:55:01,560
Speaker 2: used was I am Speed, and I suppose in a

1205
00:55:01,560 --> 00:55:03,920
Speaker 2: weird twister branding, I'd never heard of im speed, but

1206
00:55:03,920 --> 00:55:06,480
Speaker 2: when im Speed came here, I had heard of Imspeed.

1207
00:55:06,480 --> 00:55:09,080
Speaker 2: But what I know about Imspeed is he's potentially trouble.

1208
00:55:09,719 --> 00:55:12,040
Speaker 2: So is you know what I mean? So it's just

1209
00:55:12,080 --> 00:55:16,000
Speaker 2: because you get something out there, does it work well?

1210
00:55:16,040 --> 00:55:19,680
Speaker 22: I think we're about twenty years into having social media influences,

1211
00:55:19,719 --> 00:55:23,520
Speaker 22: which cut it still feels like something new, and people

1212
00:55:23,560 --> 00:55:27,880
Speaker 22: are on average checking their phones one hundred and forty

1213
00:55:27,880 --> 00:55:31,400
Speaker 22: four times a day and looking at social media. So

1214
00:55:31,480 --> 00:55:34,239
Speaker 22: if you're not in a marketing extent, if you're not

1215
00:55:34,360 --> 00:55:37,520
Speaker 22: in social you're not being seen. So it's really important

1216
00:55:37,840 --> 00:55:40,440
Speaker 22: with tourism as an experience. You know something that we

1217
00:55:40,480 --> 00:55:42,400
Speaker 22: want people to see and know what it looks like

1218
00:55:42,560 --> 00:55:45,600
Speaker 22: and that we are operating in this space.

1219
00:55:45,960 --> 00:55:50,080
Speaker 2: Okay, do you get what do they call it? Metrics?

1220
00:55:50,280 --> 00:55:53,120
Speaker 2: So you bring Brian here and Brian records a couple

1221
00:55:53,120 --> 00:55:54,560
Speaker 2: of things, puts it out to us one hundred and

1222
00:55:54,560 --> 00:55:58,160
Speaker 2: twenty thousand followers. Can you then tell somehow whether somebody

1223
00:55:58,200 --> 00:56:00,839
Speaker 2: booked and spent and came experienced.

1224
00:56:02,440 --> 00:56:06,560
Speaker 22: You can measure social media activity. So it's part of

1225
00:56:06,600 --> 00:56:10,239
Speaker 22: what makes it so valuable from a marketing perspective is

1226
00:56:10,280 --> 00:56:13,440
Speaker 22: that Facebook and TikTok and Instagram, they can give you

1227
00:56:13,520 --> 00:56:18,320
Speaker 22: really good metrics for how your marketing work has performed,

1228
00:56:18,920 --> 00:56:23,080
Speaker 22: and then you can see how that influence into people

1229
00:56:23,360 --> 00:56:26,600
Speaker 22: coming to new events. But what's important to remember is

1230
00:56:26,640 --> 00:56:30,359
Speaker 22: that social media activity is often about showing the kind

1231
00:56:30,400 --> 00:56:34,520
Speaker 22: of quality and building debts into our marketing activity. People

1232
00:56:34,560 --> 00:56:38,200
Speaker 22: can really see what a holiday and USEUMU looks like.

1233
00:56:39,040 --> 00:56:41,120
Speaker 22: And when you think about all of that social media

1234
00:56:41,160 --> 00:56:43,200
Speaker 22: activity that people are doing in their needs given day,

1235
00:56:43,760 --> 00:56:46,040
Speaker 22: a lot of it's scrolling through you sitting there in

1236
00:56:46,080 --> 00:56:50,880
Speaker 22: your thumbs, working hard, but influences. People that you're following

1237
00:56:50,920 --> 00:56:54,080
Speaker 22: in these social media channels are people you maybe respect,

1238
00:56:54,239 --> 00:56:56,680
Speaker 22: you enjoy watching them, You kind of get to know

1239
00:56:56,800 --> 00:57:00,399
Speaker 22: them over time, maybe you follow them for a few years,

1240
00:57:00,000 --> 00:57:03,000
Speaker 22: and you potentially are also aspiring to be a bit

1241
00:57:03,200 --> 00:57:06,040
Speaker 22: like them, and you trust their views. And so if

1242
00:57:06,040 --> 00:57:09,440
Speaker 22: they're having an amazing experience in New Zealand over a

1243
00:57:09,440 --> 00:57:12,520
Speaker 22: week or so and they're showing you what that looks like,

1244
00:57:12,880 --> 00:57:15,359
Speaker 22: that is going to stop the scroll and it's to

1245
00:57:15,360 --> 00:57:18,240
Speaker 22: help you understand or maybe even start dreaming about having

1246
00:57:18,280 --> 00:57:19,360
Speaker 22: that safe experience.

1247
00:57:19,560 --> 00:57:21,960
Speaker 2: My wife gets approached to do this stuff all the time.

1248
00:57:22,040 --> 00:57:24,480
Speaker 2: She is what I think you would call a micro blogger.

1249
00:57:24,600 --> 00:57:26,800
Speaker 2: She doesn't do any of this because she doesn't like it.

1250
00:57:27,320 --> 00:57:31,520
Speaker 2: But what's you view on a mass person versus a

1251
00:57:31,600 --> 00:57:35,320
Speaker 2: micro and they're sort of their reach or the potential

1252
00:57:35,320 --> 00:57:37,520
Speaker 2: of their reach over just somebody who's got just followers

1253
00:57:37,520 --> 00:57:38,320
Speaker 2: for follower's sake.

1254
00:57:39,520 --> 00:57:41,880
Speaker 22: Well, not every influencer is going to be a great

1255
00:57:42,000 --> 00:57:46,000
Speaker 22: influencer for New Vivan. So a really strong fitch is critical.

1256
00:57:46,000 --> 00:57:49,439
Speaker 22: And when I say fitch, what I mean is we're

1257
00:57:49,480 --> 00:57:52,200
Speaker 22: not Las Vegas, and we're not a sort of fly

1258
00:57:52,320 --> 00:57:54,800
Speaker 22: and flop destination. We're an active destination.

1259
00:57:55,600 --> 00:57:56,080
Speaker 12: So there's a.

1260
00:57:56,080 --> 00:57:59,320
Speaker 22: Running influencer in New Zealand at the moment from the UK.

1261
00:57:59,440 --> 00:58:02,400
Speaker 22: He's got one point two million followers and he's going

1262
00:58:02,400 --> 00:58:05,520
Speaker 22: to run the length of news Evan on the to

1263
00:58:05,640 --> 00:58:09,200
Speaker 22: Adaroa trail and he's been supported by Tourism News event

1264
00:58:09,280 --> 00:58:12,560
Speaker 22: and that is going to provide the most amazing showcase.

1265
00:58:13,000 --> 00:58:14,560
Speaker 22: But also we're going to get behind them, right, we

1266
00:58:14,560 --> 00:58:18,960
Speaker 22: want him to be successful and so that's incredibly engaging

1267
00:58:19,000 --> 00:58:22,240
Speaker 22: and interesting content for us to be able to view.

1268
00:58:22,520 --> 00:58:25,320
Speaker 22: And so all one point two million followers to view,

1269
00:58:27,800 --> 00:58:31,640
Speaker 22: that's right, And so that's not hundreds of millions of followers,

1270
00:58:31,680 --> 00:58:33,520
Speaker 22: that's one point two million. But they're going to be

1271
00:58:33,600 --> 00:58:36,200
Speaker 22: a really great fitch for what it is that we

1272
00:58:36,280 --> 00:58:39,320
Speaker 22: offer as a holiday news easant. So I think it's

1273
00:58:39,360 --> 00:58:42,120
Speaker 22: not about whether or not it's micro or macro, whether

1274
00:58:42,160 --> 00:58:44,880
Speaker 22: it's a huge superstar or whether it's someone you know,

1275
00:58:45,040 --> 00:58:47,640
Speaker 22: like your wife. It's about whether or not the people

1276
00:58:47,720 --> 00:58:50,040
Speaker 22: who are following them are going to be a great

1277
00:58:50,080 --> 00:58:52,400
Speaker 22: fit for the holiday that we offer a news evant

1278
00:58:52,800 --> 00:58:55,600
Speaker 22: and making sure that we show the quality of what

1279
00:58:55,640 --> 00:58:56,080
Speaker 22: we offer.

1280
00:58:56,440 --> 00:58:58,560
Speaker 2: Well done, that's well said Rebecca. I can hear the

1281
00:58:58,560 --> 00:59:00,840
Speaker 2: passion in your voice. Rebeca ingram her as an industry

1282
00:59:01,200 --> 00:59:03,520
Speaker 2: I called my wife a micro blogger. She'm a micro blogger,

1283
00:59:03,600 --> 00:59:06,800
Speaker 2: she's a micro influencer. I also said, it's im speed.

1284
00:59:06,840 --> 00:59:09,240
Speaker 2: It's not I am speed, it's my show speed. I

1285
00:59:09,280 --> 00:59:11,360
Speaker 2: am speed as his cousin. Isn't it as cousin I

1286
00:59:11,360 --> 00:59:13,960
Speaker 2: can't remember as a brother. Well, maybe there's no im

1287
00:59:14,000 --> 00:59:15,520
Speaker 2: speed at all. Maybe I just made all of that

1288
00:59:15,640 --> 00:59:18,280
Speaker 2: up for him. I just keep saying to her when

1289
00:59:18,320 --> 00:59:20,240
Speaker 2: all these officer goes, she doesn't like. She doesn't like

1290
00:59:20,360 --> 00:59:23,959
Speaker 2: the whole payback commercial side of the equation. So I say,

1291
00:59:24,240 --> 00:59:26,480
Speaker 2: why don't you start loving that, because then I can

1292
00:59:26,520 --> 00:59:28,120
Speaker 2: get the hell out of here and we can go

1293
00:59:28,480 --> 00:59:30,960
Speaker 2: You know what did she say, lion flop or something,

1294
00:59:31,040 --> 00:59:33,439
Speaker 2: go dive and flop or I felt like something i'd

1295
00:59:33,440 --> 00:59:33,920
Speaker 2: live flop.

1296
00:59:34,320 --> 00:59:35,640
Speaker 17: Who you fly and flop?

1297
00:59:35,680 --> 00:59:35,760
Speaker 11: Oh?

1298
00:59:35,800 --> 00:59:37,640
Speaker 2: You fly and flop? Yeah? I felt like a flying

1299
00:59:37,640 --> 00:59:38,360
Speaker 2: and flopping. Yeah.

1300
00:59:38,360 --> 00:59:40,160
Speaker 17: Well, we don't have a lot of scim up pull

1301
00:59:40,200 --> 00:59:41,560
Speaker 17: bars in New Zealand doing we do not.

1302
00:59:42,560 --> 00:59:45,400
Speaker 2: Now we'll go to Melbourne. Luke Smith, who writes for

1303
00:59:45,480 --> 00:59:48,320
Speaker 2: The Athletic and is a monumental F one fan. But

1304
00:59:48,360 --> 00:59:50,680
Speaker 2: then again, aren't we all these days. Luke Smith's Live

1305
00:59:50,720 --> 00:59:52,600
Speaker 2: from Melbourne after the News, which is next to you

1306
00:59:52,680 --> 00:59:53,400
Speaker 2: if used talk.

1307
00:59:53,320 --> 00:59:59,000
Speaker 1: Seep, setting me agenda and talking the big issues, the

1308
00:59:59,240 --> 01:00:04,320
Speaker 1: mic costing breast with Bailey's real estate altogether better across residential,

1309
01:00:04,360 --> 01:00:06,480
Speaker 1: commercial and rural news talks.

1310
01:00:06,200 --> 01:00:10,760
Speaker 2: He'd be reluctantly crouched at the starting line, engines pumping

1311
01:00:10,920 --> 01:00:14,520
Speaker 2: and thumping in time. Right, We're back this weekend in

1312
01:00:14,560 --> 01:00:16,640
Speaker 2: Melbourne if one of the New Zealand twist. Of course,

1313
01:00:16,680 --> 01:00:18,400
Speaker 2: now that Liam Lawson has not only got a full

1314
01:00:18,400 --> 01:00:19,760
Speaker 2: time sleep but a full time sleeping one of the

1315
01:00:19,800 --> 01:00:22,800
Speaker 2: heavyweight teams. Luke Smith as Formula one writer for The Athletic.

1316
01:00:23,120 --> 01:00:24,760
Speaker 2: He is also author of a book called On the

1317
01:00:24,800 --> 01:00:27,440
Speaker 2: Grid The Inside Trek on Formula One. He is in

1318
01:00:27,480 --> 01:00:30,160
Speaker 2: Melbourne and as with us morning, Good morning, Mike. Heya,

1319
01:00:30,280 --> 01:00:32,480
Speaker 2: I'm very well, indeed i am. I'm as big a

1320
01:00:32,520 --> 01:00:34,280
Speaker 2: fan of IF one as you can possibly get, and

1321
01:00:34,320 --> 01:00:36,080
Speaker 2: of course we've got Liam Lawson this year, so we

1322
01:00:36,120 --> 01:00:38,400
Speaker 2: are just beside ourselves. Where do you sit on the

1323
01:00:38,440 --> 01:00:41,080
Speaker 2: scale of people getting excited about this weekend?

1324
01:00:42,720 --> 01:00:44,960
Speaker 18: I'm at the very top, right there with you, I

1325
01:00:45,040 --> 01:00:47,880
Speaker 18: must say, Yeah, I'm so excited for this Formula One season.

1326
01:00:48,240 --> 01:00:50,200
Speaker 18: The Australian Grand Prix as well, it's always such a

1327
01:00:50,200 --> 01:00:52,760
Speaker 18: great event. I think it's nice to have this back

1328
01:00:52,800 --> 01:00:55,280
Speaker 18: as the first race after quite a while of it

1329
01:00:55,360 --> 01:00:58,200
Speaker 18: not being the opening round. And yeah, what an amazing

1330
01:00:58,240 --> 01:01:00,920
Speaker 18: year we're set for. It looks so so compared, very

1331
01:01:01,000 --> 01:01:03,120
Speaker 18: very hard to call who's going to be quickest. We

1332
01:01:03,200 --> 01:01:04,800
Speaker 18: go into a lot of seasons kind of thinking like

1333
01:01:04,840 --> 01:01:07,600
Speaker 18: there's normally one team that should dominate, but this year

1334
01:01:07,680 --> 01:01:11,120
Speaker 18: it really feels like anybody's game, which is really exciting.

1335
01:01:11,400 --> 01:01:13,080
Speaker 18: Lots of new blood on the grid as well, Lian

1336
01:01:13,160 --> 01:01:16,640
Speaker 18: Lawson among them full time now, so it's yeah, just

1337
01:01:16,720 --> 01:01:19,240
Speaker 18: so much great excitement and great storylines.

1338
01:01:19,240 --> 01:01:21,080
Speaker 2: I think for a couple of things to work through

1339
01:01:21,280 --> 01:01:23,880
Speaker 2: for people who aren't obsystems like ourselves, with IF one.

1340
01:01:24,280 --> 01:01:25,960
Speaker 2: First of all, this is the last year of the

1341
01:01:26,000 --> 01:01:29,720
Speaker 2: current regulation, so the general consensus is that things are

1342
01:01:29,760 --> 01:01:32,160
Speaker 2: going to tighten up in terms of performance.

1343
01:01:32,160 --> 01:01:35,280
Speaker 18: You would agree with it, yeah, Woods, Yeah, So the

1344
01:01:35,320 --> 01:01:38,479
Speaker 18: design rules have been pretty stable now for about five years,

1345
01:01:38,560 --> 01:01:41,280
Speaker 18: so it kind of means that everybody centers on what

1346
01:01:41,400 --> 01:01:43,880
Speaker 18: is the quickest way to design their cars and what

1347
01:01:43,960 --> 01:01:46,000
Speaker 18: the best thing to do is. So it sort of

1348
01:01:46,040 --> 01:01:49,080
Speaker 18: naturally brings everybody together, and then when everything changes for

1349
01:01:49,160 --> 01:01:51,680
Speaker 18: next year, one team will usually find that the best

1350
01:01:51,680 --> 01:01:54,040
Speaker 18: way to do something and the field kind of blows

1351
01:01:54,080 --> 01:01:57,360
Speaker 18: open again. So I really encourage anyone watching F one

1352
01:01:57,360 --> 01:02:00,120
Speaker 18: this year to enjoy just how close and competitive it

1353
01:02:00,160 --> 01:02:02,640
Speaker 18: will be, because it's not like this every year, and

1354
01:02:02,720 --> 01:02:05,040
Speaker 18: next year could be a very different story. But yeah,

1355
01:02:05,200 --> 01:02:07,160
Speaker 18: I think this should be one of the most competitive

1356
01:02:07,200 --> 01:02:08,920
Speaker 18: seasons in recent F one history.

1357
01:02:09,000 --> 01:02:12,560
Speaker 2: And then we go to testing in Bahrain. See what

1358
01:02:12,560 --> 01:02:16,960
Speaker 2: I've got. Everyone agreed that McLaren's best Ferrari Mercedes there

1359
01:02:17,040 --> 01:02:19,360
Speaker 2: or thereabouts, Rid Bull didn't do enough LEPs to get

1360
01:02:19,360 --> 01:02:22,440
Speaker 2: a true read. Williams is probably the best of the midfield,

1361
01:02:22,600 --> 01:02:25,640
Speaker 2: Elpine might be up there with them, and Soba is

1362
01:02:25,640 --> 01:02:26,320
Speaker 2: still useless.

1363
01:02:27,440 --> 01:02:28,840
Speaker 13: Yeah, that's pretty much the case.

1364
01:02:28,920 --> 01:02:32,240
Speaker 18: Yeah, it's I think McLaren's testing was really really impressive.

1365
01:02:32,280 --> 01:02:34,800
Speaker 18: I think just looking the lap times and talking to

1366
01:02:34,880 --> 01:02:37,280
Speaker 18: other teams, like a lot of them were quite quite

1367
01:02:37,280 --> 01:02:39,600
Speaker 18: impressed by what they managed to do. But I think

1368
01:02:39,600 --> 01:02:41,720
Speaker 18: we're now in an era where even that is not

1369
01:02:41,800 --> 01:02:43,560
Speaker 18: going to be It's not going to sort of set

1370
01:02:43,600 --> 01:02:45,760
Speaker 18: the season. It's not like previous years where Red Bull

1371
01:02:45,800 --> 01:02:48,120
Speaker 18: turned up to testing dominating it. It's like, well that's it,

1372
01:02:48,200 --> 01:02:50,200
Speaker 18: let's come back next year. I think it's going to

1373
01:02:50,280 --> 01:02:52,880
Speaker 18: be a lot closer this year. I think that McLaren

1374
01:02:52,920 --> 01:02:55,840
Speaker 18: might be that step ahead. But yeah, Mercedes, Ferrari, red

1375
01:02:55,840 --> 01:02:58,600
Speaker 18: Bull all in that ballpark. They've got some amazing drivers

1376
01:02:58,640 --> 01:03:02,320
Speaker 18: as well, Lewis Hamilton at Ferra, Sean mcclerk, Maxis Stapp

1377
01:03:02,360 --> 01:03:04,040
Speaker 18: and a Red Bull like you can never really write

1378
01:03:04,080 --> 01:03:04,439
Speaker 18: them off.

1379
01:03:04,480 --> 01:03:06,200
Speaker 13: So it's yeah, shaping up.

1380
01:03:06,080 --> 01:03:08,000
Speaker 18: To be a really really close season, which I think

1381
01:03:08,080 --> 01:03:10,760
Speaker 18: is just fantastic news for the sport and for anyone

1382
01:03:10,800 --> 01:03:11,560
Speaker 18: who loves the sport.

1383
01:03:11,600 --> 01:03:12,960
Speaker 13: It's just going to make for great watching.

1384
01:03:13,160 --> 01:03:16,120
Speaker 2: Give me your view on Liam Lawson, because we're hopelessly

1385
01:03:16,200 --> 01:03:18,800
Speaker 2: based and we're desperate for him to do well. But

1386
01:03:18,880 --> 01:03:22,000
Speaker 2: from all my international reading of people who don't hit

1387
01:03:22,040 --> 01:03:26,240
Speaker 2: the same investment, they worry a lot about what's expected

1388
01:03:26,280 --> 01:03:27,120
Speaker 2: of them. Is that fear.

1389
01:03:28,720 --> 01:03:30,840
Speaker 18: I think that being in that second Red Bull seat,

1390
01:03:30,880 --> 01:03:33,320
Speaker 18: like it automatically brings a lot of pressure. It is,

1391
01:03:33,400 --> 01:03:36,040
Speaker 18: by Red Bull's owner mission, the toughest seat in formerly

1392
01:03:36,080 --> 01:03:38,640
Speaker 18: one like to try and compare yourself to Maxistappen is

1393
01:03:38,720 --> 01:03:42,000
Speaker 18: an almost impossible task. But I think what Liam has

1394
01:03:42,040 --> 01:03:44,560
Speaker 18: done to prepare for this has been excellent. Like, he's

1395
01:03:44,600 --> 01:03:46,760
Speaker 18: not really put a foot wrong. I don't think in

1396
01:03:46,840 --> 01:03:49,320
Speaker 18: terms of his sort of just his confidence and assurance

1397
01:03:49,360 --> 01:03:51,600
Speaker 18: as well. It's not really something I've seen from a

1398
01:03:51,600 --> 01:03:54,000
Speaker 18: lot of the previous young drivers he's been at Red Bull. Like,

1399
01:03:54,040 --> 01:03:57,000
Speaker 18: Liam is incredibly confident. He sort of knows what he's doing.

1400
01:03:57,040 --> 01:04:00,040
Speaker 18: He's very very self invested. So I think that that

1401
01:04:00,200 --> 01:04:04,720
Speaker 18: is it's gonna set him. I think apart from the others.

1402
01:04:05,080 --> 01:04:07,560
Speaker 18: He says his driving style is quite similar to Maxi Stappans,

1403
01:04:07,560 --> 01:04:10,480
Speaker 18: so I hope means that they're able to get similar

1404
01:04:10,520 --> 01:04:12,920
Speaker 18: things out of the car. So yeah, I think that

1405
01:04:13,240 --> 01:04:16,000
Speaker 18: it's it's you want to proceed with a bit of

1406
01:04:16,000 --> 01:04:17,800
Speaker 18: caution just because of what's happened at Red Bull in

1407
01:04:17,800 --> 01:04:20,120
Speaker 18: the past. But from everything I've seen so far and

1408
01:04:20,160 --> 01:04:22,920
Speaker 18: Ian this his attitude, like, I'm really really impressed by Liam,

1409
01:04:22,920 --> 01:04:25,520
Speaker 18: And yeah, i think it could be a very exciting

1410
01:04:25,520 --> 01:04:27,200
Speaker 18: season for him. But I think the big thing for

1411
01:04:27,280 --> 01:04:29,440
Speaker 18: him and Red Bull is not to expect him to

1412
01:04:29,680 --> 01:04:32,040
Speaker 18: be maxis Stappened. Like Max is an all time great,

1413
01:04:32,160 --> 01:04:34,720
Speaker 18: He's an incredible driver. If Liam can even get close

1414
01:04:34,800 --> 01:04:37,360
Speaker 18: to Max, that would be a pretty sensational result.

1415
01:04:37,440 --> 01:04:39,800
Speaker 2: And thet's tell these things are me it's not necessarily

1416
01:04:39,800 --> 01:04:41,960
Speaker 2: wins and losses. It is wins and losses, but it's

1417
01:04:42,000 --> 01:04:44,720
Speaker 2: how you compere to the step and how your team performs.

1418
01:04:44,800 --> 01:04:47,000
Speaker 2: Are you getting if mex Is getting a podium, you

1419
01:04:47,040 --> 01:04:49,800
Speaker 2: getting a podium? Are you closing points? Are you guys

1420
01:04:49,880 --> 01:04:53,800
Speaker 2: heading towards a constructors success? And that's what they're expecting

1421
01:04:53,840 --> 01:04:54,080
Speaker 2: of them.

1422
01:04:54,120 --> 01:04:56,080
Speaker 13: Yeah, yeah, definitely.

1423
01:04:56,160 --> 01:04:56,360
Speaker 6: Yeah.

1424
01:04:56,360 --> 01:04:58,560
Speaker 18: I think that's what hurt them last year with Sergio

1425
01:04:58,640 --> 01:05:01,560
Speaker 18: perra Is is that they lost the Constructors Championship because

1426
01:05:01,560 --> 01:05:04,480
Speaker 18: he was so far behind Maxistappan. And if he'd have

1427
01:05:04,520 --> 01:05:07,040
Speaker 18: even been like, I know, a couple of tenths off

1428
01:05:07,080 --> 01:05:09,360
Speaker 18: instead of half a second off, that makes all the

1429
01:05:09,360 --> 01:05:11,280
Speaker 18: world a difference. So I think with Liam, they just

1430
01:05:11,280 --> 01:05:13,600
Speaker 18: wanted to be that safe power of hands to really

1431
01:05:13,600 --> 01:05:16,120
Speaker 18: come in and lift that side of the garage and yeah,

1432
01:05:16,200 --> 01:05:18,120
Speaker 18: just get as close as he cans max. They don't

1433
01:05:18,160 --> 01:05:20,640
Speaker 18: expect to have to maxistappens. I think that's that'd be

1434
01:05:20,680 --> 01:05:22,680
Speaker 18: a once and a blooming thing. But if he can

1435
01:05:22,720 --> 01:05:25,240
Speaker 18: get anywhere close hopefully score a couple of race wins

1436
01:05:25,280 --> 01:05:27,400
Speaker 18: at least this year, then I think that would be

1437
01:05:27,600 --> 01:05:29,720
Speaker 18: a very nice return for his first full season at

1438
01:05:29,720 --> 01:05:30,080
Speaker 18: Red Bull.

1439
01:05:30,080 --> 01:05:32,080
Speaker 2: Okay, listen, hold on that he's sort of a rookie.

1440
01:05:32,120 --> 01:05:34,040
Speaker 2: Not really. Let's talk about the rest of the rookies

1441
01:05:34,080 --> 01:05:35,880
Speaker 2: in the field in just a moment. Luke Smith, if

1442
01:05:35,920 --> 01:05:38,120
Speaker 2: went right around of Melbourne this morning twelve past eight.

1443
01:05:38,920 --> 01:05:42,240
Speaker 1: The Mic Asking Breakfast Full Show podcast on.

1444
01:05:42,120 --> 01:05:44,240
Speaker 6: I Hard Radio powered by News.

1445
01:05:44,000 --> 01:05:46,600
Speaker 2: Talks It be New Talks A bit caught a past

1446
01:05:46,680 --> 01:05:48,640
Speaker 2: night to Luck Smith with us out of Melbourne this morning.

1447
01:05:48,680 --> 01:05:50,880
Speaker 2: Is the author of On the Insnight Trick on Formula One.

1448
01:05:50,920 --> 01:05:53,320
Speaker 2: He's also a writer for the for the Athletic. Now

1449
01:05:53,880 --> 01:05:55,640
Speaker 2: these rookies, so let's have a look at these bought

1450
01:05:55,640 --> 01:06:00,800
Speaker 2: a Letto Antonellie harder, of course, Beerman doing who's the

1451
01:06:00,800 --> 01:06:02,080
Speaker 2: pick of the bunch. I mean, they make a lot

1452
01:06:02,120 --> 01:06:04,080
Speaker 2: of Intonelli. Is he the genius they make him out

1453
01:06:04,120 --> 01:06:04,240
Speaker 2: to be.

1454
01:06:04,760 --> 01:06:06,680
Speaker 18: I think he's got a lot of potential. Yeah, And

1455
01:06:06,800 --> 01:06:09,520
Speaker 18: like he's only eighteen years old. He literally only got

1456
01:06:09,560 --> 01:06:12,040
Speaker 18: his driver's license in the offseason. He's that young. So

1457
01:06:12,160 --> 01:06:15,400
Speaker 18: he's a real incredible talent. And Mercedes have been invested

1458
01:06:15,440 --> 01:06:17,640
Speaker 18: in him since he was about eleven, and they really

1459
01:06:17,720 --> 01:06:20,720
Speaker 18: really do rate him very highly. He I think he's

1460
01:06:20,840 --> 01:06:22,640
Speaker 18: quite prone to maybe sort of pushing a little bit

1461
01:06:22,680 --> 01:06:24,240
Speaker 18: too far at times, so I think it's gonna be

1462
01:06:24,280 --> 01:06:26,360
Speaker 18: quite interesting to see how he rains that and a

1463
01:06:26,440 --> 01:06:28,840
Speaker 18: little bit. He crashed on his practice debut in F

1464
01:06:28,920 --> 01:06:31,640
Speaker 18: one last year. But from everything I've heard about Antonelli,

1465
01:06:31,680 --> 01:06:33,919
Speaker 18: he is the real deal. Like he's an incredible driver,

1466
01:06:34,280 --> 01:06:36,440
Speaker 18: and I think this could be fascinating to see how

1467
01:06:36,600 --> 01:06:40,680
Speaker 18: he develops through his first season. But also Oli Behman

1468
01:06:40,720 --> 01:06:43,600
Speaker 18: as well, the hass driver backed by Ferrari. He had

1469
01:06:43,840 --> 01:06:46,920
Speaker 18: his last minute debutfore Ferrari last year when Carlo Science

1470
01:06:47,000 --> 01:06:49,640
Speaker 18: was out at appendicitis, and he immediately just took to

1471
01:06:49,720 --> 01:06:52,200
Speaker 18: it so so quickly and was so impressive. So I

1472
01:06:52,280 --> 01:06:54,840
Speaker 18: think those two are the they've got the potential to

1473
01:06:54,880 --> 01:06:57,760
Speaker 18: be the real rookie stars of this year. And yeah,

1474
01:06:57,880 --> 01:06:59,800
Speaker 18: it's just exciting to have so many new faces in

1475
01:06:59,840 --> 01:07:03,480
Speaker 18: new drivers and it's dramastically brought the average age of

1476
01:07:03,560 --> 01:07:05,640
Speaker 18: the grid down as well, which is never a bad

1477
01:07:05,720 --> 01:07:06,280
Speaker 18: thing for F one.

1478
01:07:06,400 --> 01:07:08,920
Speaker 2: I feel very sorry for Doing because one that's his

1479
01:07:09,080 --> 01:07:11,360
Speaker 2: home race is an opening race. Who's sitting there at

1480
01:07:11,400 --> 01:07:14,800
Speaker 2: ill pen. They've got color Pinto as a reserve driver

1481
01:07:14,960 --> 01:07:18,680
Speaker 2: with this ongoing chet that Color Pinto brings a pile

1482
01:07:18,760 --> 01:07:22,360
Speaker 2: of Argentinian money Doing, doesn't he been a performer else's

1483
01:07:22,440 --> 01:07:23,640
Speaker 2: I mean, that's pressure, isn't it?

1484
01:07:25,000 --> 01:07:27,160
Speaker 18: It is, Yeah, and it's quite harsh for a young

1485
01:07:27,240 --> 01:07:30,320
Speaker 18: driver who, yeah, is realizing his childhood dream this weekend

1486
01:07:30,360 --> 01:07:32,440
Speaker 18: in Australia to be lining up for his first full

1487
01:07:32,520 --> 01:07:35,120
Speaker 18: left one season and already people are talking about him

1488
01:07:35,200 --> 01:07:37,040
Speaker 18: maybe losing a seat, like it is a lot of

1489
01:07:37,080 --> 01:07:39,600
Speaker 18: pressure to put on him, but Doing has handled it

1490
01:07:39,720 --> 01:07:41,720
Speaker 18: pretty well so far. Like we've asked him a lot

1491
01:07:41,760 --> 01:07:44,360
Speaker 18: of questions on the subjects is to be expected, but

1492
01:07:44,680 --> 01:07:47,480
Speaker 18: he's always knocked it back quite confidently, and he's pointed

1493
01:07:47,520 --> 01:07:49,840
Speaker 18: out that he was in a seven positions Colopinzo last

1494
01:07:49,920 --> 01:07:52,120
Speaker 18: year in terms of being an Alpeam reserve driver with

1495
01:07:52,200 --> 01:07:54,800
Speaker 18: the long term contract, and I think the biggest thing

1496
01:07:54,880 --> 01:07:56,880
Speaker 18: he can do now is just perform. Like so long

1497
01:07:56,960 --> 01:07:58,520
Speaker 18: as he is quick on the track, as long as

1498
01:07:58,560 --> 01:08:00,720
Speaker 18: he's able to be a close match for Pierre Gasly,

1499
01:08:00,880 --> 01:08:03,680
Speaker 18: his teammate, then there will really be no reason for

1500
01:08:03,800 --> 01:08:05,120
Speaker 18: Alpeens to think about a change.

1501
01:08:05,560 --> 01:08:07,600
Speaker 13: F one is brutal. He knows that. But if he

1502
01:08:07,680 --> 01:08:10,360
Speaker 13: can deliver, then that'll be the best answer. I think

1503
01:08:10,400 --> 01:08:11,800
Speaker 13: to all of these questions.

1504
01:08:11,680 --> 01:08:13,560
Speaker 2: What about some of the couple of the Hibbie Whites,

1505
01:08:13,800 --> 01:08:15,760
Speaker 2: what do they expect of Hamilton? I mean to get

1506
01:08:15,840 --> 01:08:19,120
Speaker 2: rid of science for Hamilton? Is I mean, given what

1507
01:08:19,280 --> 01:08:22,800
Speaker 2: science can do, the pushers on Hamilton, actually isn't it

1508
01:08:23,120 --> 01:08:26,360
Speaker 2: to actually perform? I think so?

1509
01:08:26,520 --> 01:08:28,720
Speaker 18: Yeah, I think that for Lewis, like that is it's

1510
01:08:28,760 --> 01:08:32,360
Speaker 18: such an amazing story, like the uniting of Ferrari and Lewis.

1511
01:08:32,400 --> 01:08:35,280
Speaker 18: Hamilton like the most successful driver with F one's most

1512
01:08:35,320 --> 01:08:39,040
Speaker 18: successful team. But ultimately, now it's time to Now it's

1513
01:08:39,040 --> 01:08:41,000
Speaker 18: time to deliver, like all all of the sort of

1514
01:08:41,120 --> 01:08:43,439
Speaker 18: like hype that's been building up over the past year

1515
01:08:43,640 --> 01:08:46,160
Speaker 18: or so, the incredible sort of pictures we've seen in

1516
01:08:46,160 --> 01:08:48,320
Speaker 18: the early part of this season as he's getting used

1517
01:08:48,360 --> 01:08:52,080
Speaker 18: to life as a Ferrari driver. Really now it's just

1518
01:08:52,200 --> 01:08:53,880
Speaker 18: how quick is the car on the track? Like if

1519
01:08:53,920 --> 01:08:56,439
Speaker 18: he gets qualifying in Melbourne and he's like a step

1520
01:08:56,479 --> 01:08:59,599
Speaker 18: behind Charlote Claire across the garage, they're like, oh, well,

1521
01:09:00,240 --> 01:09:03,040
Speaker 18: that's the biggest thing here. It really does just come

1522
01:09:03,120 --> 01:09:05,000
Speaker 18: down to the results and what that can do. So

1523
01:09:05,479 --> 01:09:08,040
Speaker 18: I think for Lewis, like he's in a good place

1524
01:09:08,080 --> 01:09:10,360
Speaker 18: at the moment, Like he's happier than I've seen him

1525
01:09:10,360 --> 01:09:12,960
Speaker 18: in a few years. He's really really upbeat. He's really

1526
01:09:13,000 --> 01:09:15,400
Speaker 18: bought into the whole sort of myth around Ferrari and

1527
01:09:15,520 --> 01:09:18,479
Speaker 18: like being a Ferrari driver. But yeah, the pressure is

1528
01:09:18,479 --> 01:09:20,240
Speaker 18: on now it's time to deliver and kind of show

1529
01:09:20,320 --> 01:09:22,640
Speaker 18: that the past couple of years of struggles it's been

1530
01:09:22,680 --> 01:09:25,880
Speaker 18: more a Mercedes carving rather than a Lewis Hamilson thing.

1531
01:09:26,120 --> 01:09:28,160
Speaker 2: Tell you, what I'd really like is for Carlos sites who,

1532
01:09:28,160 --> 01:09:29,720
Speaker 2: as far as I can work out, everyone loves him

1533
01:09:29,720 --> 01:09:32,200
Speaker 2: and he was hard done by for him to take

1534
01:09:32,320 --> 01:09:34,680
Speaker 2: that Williams and James vals I'm a big fan of

1535
01:09:34,800 --> 01:09:37,120
Speaker 2: as well, and he seems to have something good going

1536
01:09:37,240 --> 01:09:39,439
Speaker 2: with that side. And if they can somehow return that

1537
01:09:40,200 --> 01:09:43,400
Speaker 2: to a semblance of what it once was under Frank,

1538
01:09:43,840 --> 01:09:45,759
Speaker 2: then that's a that's a good story for the season,

1539
01:09:45,840 --> 01:09:46,080
Speaker 2: isn't it.

1540
01:09:47,400 --> 01:09:49,880
Speaker 18: Absolutely Yeah, I think that for Williams it is a

1541
01:09:50,040 --> 01:09:52,280
Speaker 18: long term project and I think that James Vows has

1542
01:09:52,320 --> 01:09:55,479
Speaker 18: been very clear about that from day one, and now

1543
01:09:55,560 --> 01:09:58,400
Speaker 18: I think getting a driver of Carlos Science's ability like yeah,

1544
01:09:58,439 --> 01:10:01,120
Speaker 18: he I think if it was any other than Lewis Hamilton,

1545
01:10:01,600 --> 01:10:04,160
Speaker 18: FORRARI would have happily kept Science because he was just

1546
01:10:04,240 --> 01:10:06,880
Speaker 18: that good for them. So I think that long term

1547
01:10:06,920 --> 01:10:09,080
Speaker 18: he can really help lead that team forward. And yeah,

1548
01:10:09,120 --> 01:10:11,160
Speaker 18: I think get it back to where it deserves to be.

1549
01:10:11,280 --> 01:10:13,640
Speaker 18: The Williams name in F one. It has such a

1550
01:10:14,040 --> 01:10:17,400
Speaker 18: strong meaning, such a successful history as well, and it's

1551
01:10:17,479 --> 01:10:19,439
Speaker 18: really been a shadow of its former self for quite

1552
01:10:19,479 --> 01:10:22,160
Speaker 18: a long time. It's suffered from years of under investment,

1553
01:10:22,439 --> 01:10:23,760
Speaker 18: but now it does seem to be on the right

1554
01:10:23,800 --> 01:10:26,400
Speaker 18: path under James Vows. And I think getting sites was

1555
01:10:26,400 --> 01:10:31,040
Speaker 18: a really big statement of just proving the value that

1556
01:10:31,080 --> 01:10:33,000
Speaker 18: people do see in this project, that you've got to

1557
01:10:33,040 --> 01:10:34,360
Speaker 18: drive off his ability being.

1558
01:10:34,280 --> 01:10:36,160
Speaker 13: Like, you know what, for the long term, that's where

1559
01:10:36,439 --> 01:10:37,040
Speaker 13: I'm wanting to.

1560
01:10:37,040 --> 01:10:40,240
Speaker 2: Be, right o'lake Smith. Here it is pressures on before

1561
01:10:40,320 --> 01:10:43,280
Speaker 2: the first race of the season. Call it now the

1562
01:10:43,400 --> 01:10:47,240
Speaker 2: Constructor's Champion is and the drivers Champion is.

1563
01:10:48,560 --> 01:10:52,519
Speaker 18: Oh, okay, I am going to I'm going to say

1564
01:10:52,600 --> 01:10:56,320
Speaker 18: McLaren wins the Constructor's Championship again. I think that Landonaris

1565
01:10:56,360 --> 01:10:58,400
Speaker 18: Noscar Piastro. It's a very strong line up. I think

1566
01:10:58,439 --> 01:11:01,519
Speaker 18: they can do well together. And then for the Driver's

1567
01:11:01,600 --> 01:11:05,679
Speaker 18: World Champion I've been changing my mind daily recently because

1568
01:11:05,680 --> 01:11:08,880
Speaker 18: it's just so so close, But I do think this

1569
01:11:09,080 --> 01:11:11,200
Speaker 18: could be Lando Norris's year. I think that the way

1570
01:11:11,240 --> 01:11:13,960
Speaker 18: he finished last season was really really impressive. I think

1571
01:11:14,080 --> 01:11:16,880
Speaker 18: that he showed that he's getting ready to be able

1572
01:11:16,880 --> 01:11:18,760
Speaker 18: to fight Max stap In a bit more. And I

1573
01:11:18,800 --> 01:11:20,600
Speaker 18: think that if he can start this season strongly, it

1574
01:11:20,640 --> 01:11:22,800
Speaker 18: could set him on a really good path. So yeah,

1575
01:11:22,880 --> 01:11:25,280
Speaker 18: I'm gonna now my flag to the mass and pick

1576
01:11:25,400 --> 01:11:27,200
Speaker 18: Lando Norris to win the World Championship.

1577
01:11:27,320 --> 01:11:28,760
Speaker 2: Good on you. We'll get you back on before the

1578
01:11:28,840 --> 01:11:30,360
Speaker 2: end of the season. For now, though, I go, well,

1579
01:11:30,400 --> 01:11:32,040
Speaker 2: this week, I appreciate your time, lovely to.

1580
01:11:32,040 --> 01:11:33,400
Speaker 13: Talk terrific, Thank you, Mike.

1581
01:11:33,600 --> 01:11:36,960
Speaker 2: So that's Luke Smith out of the athletic by the way.

1582
01:11:37,000 --> 01:11:39,920
Speaker 2: Whitherwise it's so Melbourne tomorrow, which is practiced day twenty

1583
01:11:39,960 --> 01:11:44,960
Speaker 2: four degrees and reasonably fine Saturday thirty in cloudy raining

1584
01:11:45,040 --> 01:11:48,080
Speaker 2: on race day. By the time race starts, it's a

1585
01:11:48,080 --> 01:11:50,320
Speaker 2: fifty to fifty chance. But it's hit some Philly heavy

1586
01:11:50,360 --> 01:11:52,840
Speaker 2: showers in the morning and back down to twenty three degrees,

1587
01:11:52,880 --> 01:11:55,840
Speaker 2: so it could be really interesting. Six make it eight

1588
01:11:55,880 --> 01:11:56,439
Speaker 2: twenty one.

1589
01:11:57,240 --> 01:12:01,320
Speaker 1: The my Casking Breakfast with Vida Time and Communities News

1590
01:12:01,360 --> 01:12:01,920
Speaker 1: tog sead B.

1591
01:12:02,479 --> 01:12:04,640
Speaker 2: No you hear me talk about element twelve magnesium of

1592
01:12:04,720 --> 01:12:07,439
Speaker 2: course from the very nice folks at about Health. We

1593
01:12:07,600 --> 01:12:09,800
Speaker 2: did this earlier on this week. Well, element twelve magnesium

1594
01:12:09,880 --> 01:12:13,000
Speaker 2: is formulated by the way specifically to suit our nutritional need.

1595
01:12:13,120 --> 01:12:15,640
Speaker 2: So the trick here is it's got three forms of

1596
01:12:15,720 --> 01:12:18,840
Speaker 2: high quality magnesium with active forms of B vitamins in there,

1597
01:12:19,200 --> 01:12:21,360
Speaker 2: designed to be well absorbed, gentle on the old stomach,

1598
01:12:21,360 --> 01:12:23,720
Speaker 2: which is an issue for some people. It absorbs, it

1599
01:12:23,760 --> 01:12:27,439
Speaker 2: supports the deep sleep, supports the relaxation, healthy nerves, muscles

1600
01:12:27,479 --> 01:12:29,640
Speaker 2: and mood. It's been tried by many of you, and

1601
01:12:29,680 --> 01:12:32,880
Speaker 2: here's some feedback. So Bernie writes that great product. I'm

1602
01:12:32,920 --> 01:12:36,040
Speaker 2: loving Element twelve magnesium. Joe says, this magnesium far more

1603
01:12:36,120 --> 01:12:38,200
Speaker 2: gentle on the old stomach and does the trick to

1604
01:12:38,240 --> 01:12:41,160
Speaker 2: support the leg craps. So you can read all about it,

1605
01:12:41,240 --> 01:12:43,160
Speaker 2: read the label. Take only as directed, of course, but

1606
01:12:43,280 --> 01:12:46,360
Speaker 2: take advantage of this terrific deal before it ends. Order

1607
01:12:46,400 --> 01:12:49,160
Speaker 2: today the code as always as Breakfast Breakfast as your code.

1608
01:12:49,479 --> 01:12:52,160
Speaker 2: They'll send you a free one month supply of the

1609
01:12:52,240 --> 01:12:55,160
Speaker 2: Lister's Nightcap that's valued at just under fifty bucks forty

1610
01:12:55,240 --> 01:12:58,680
Speaker 2: nine ninety five that supports further supports the sleep and relaxation.

1611
01:12:58,800 --> 01:13:01,040
Speaker 2: Who doesn't need more of that? Eight hundred triple nine

1612
01:13:01,080 --> 01:13:03,160
Speaker 2: three are nine Got it? Eight hundred triple nine three

1613
01:13:03,240 --> 01:13:05,479
Speaker 2: or nine or online if you like it about health

1614
01:13:05,640 --> 01:13:11,040
Speaker 2: dot co dot zhasky. Going back to the social media

1615
01:13:11,120 --> 01:13:13,080
Speaker 2: influencers that we were talking about just before eight o'clock,

1616
01:13:13,120 --> 01:13:16,200
Speaker 2: Mike long experience with social media marketing reality is that

1617
01:13:16,280 --> 01:13:19,080
Speaker 2: Meta and Google have drastically reduced reach of social media

1618
01:13:19,240 --> 01:13:22,800
Speaker 2: marketing efficacy. What a Google analytics dashboard, for example, tells

1619
01:13:22,800 --> 01:13:25,559
Speaker 2: you about efficacy of your marketing is a lot different

1620
01:13:25,600 --> 01:13:30,280
Speaker 2: from the actual efficacy. Interesting point. Mike Stanley's dinner party

1621
01:13:30,320 --> 01:13:33,080
Speaker 2: shows epic. Get him on the show. Yeah, we should

1622
01:13:33,120 --> 01:13:34,519
Speaker 2: be working on that. Are we working on that? Sim

1623
01:13:36,160 --> 01:13:38,280
Speaker 2: Sam's asleep. He doesn't know whether he's working on on.

1624
01:13:38,920 --> 01:13:40,879
Speaker 17: He might be working on it right now. He's very focused,

1625
01:13:41,200 --> 01:13:41,320
Speaker 17: is he.

1626
01:13:41,560 --> 01:13:45,200
Speaker 2: Yeah, we're working on it. I think we're working on it, Mike.

1627
01:13:45,320 --> 01:13:47,599
Speaker 2: The All Birds cards on the table is brand marketing

1628
01:13:47,680 --> 01:13:49,519
Speaker 2: reaching the ninety five percent of shoe shoppers who are

1629
01:13:49,560 --> 01:13:53,920
Speaker 2: not currently in the market but will be in the future.

1630
01:13:54,160 --> 01:13:57,599
Speaker 2: Brand salience leads to sales. Get James Herman on your show.

1631
01:13:57,680 --> 01:14:00,040
Speaker 2: James Herman's interesting bloke. James Herman Apart from me, I

1632
01:14:00,320 --> 01:14:02,519
Speaker 2: started AF Drinks and I was thinking about A of

1633
01:14:02,640 --> 01:14:04,920
Speaker 2: drinks the other day. A of Drinks was on the news,

1634
01:14:05,120 --> 01:14:08,000
Speaker 2: and this is part of the changing landscape of drinking

1635
01:14:09,120 --> 01:14:12,680
Speaker 2: in this country. In fact, globally, AF sort of does

1636
01:14:12,800 --> 01:14:16,000
Speaker 2: cocktails that are alcohol free because there's a movement towards

1637
01:14:16,040 --> 01:14:17,639
Speaker 2: that sort of thing. So that's the sort of startup

1638
01:14:17,640 --> 01:14:20,639
Speaker 2: we're talking about. Mike, Allbird fan here kitted the whole

1639
01:14:20,640 --> 01:14:23,240
Speaker 2: family out, disappointed. I could never get the size or

1640
01:14:23,280 --> 01:14:25,679
Speaker 2: color I wanted. I would have bought thousands of peers,

1641
01:14:25,800 --> 01:14:27,800
Speaker 2: lots of expansion, but didn't seem to focus on getting

1642
01:14:27,800 --> 01:14:30,400
Speaker 2: the product to the client's interesting feedback from him, thousands

1643
01:14:30,479 --> 01:14:32,720
Speaker 2: of peers, I think that's an exaggeration.

1644
01:14:33,280 --> 01:14:34,200
Speaker 17: That's a big family.

1645
01:14:34,400 --> 01:14:37,439
Speaker 2: I reckon. No, he means for himself, so he wants

1646
01:14:37,479 --> 01:14:40,880
Speaker 2: lots of different peers for himself. In Britain and Old

1647
01:14:40,960 --> 01:14:43,840
Speaker 2: Nichola Remember Auntie Nicola ran Scotland for a while until

1648
01:14:43,880 --> 01:14:46,200
Speaker 2: the husband turned out to be a bit dodgo. Anyway,

1649
01:14:46,320 --> 01:14:48,559
Speaker 2: she's announced that she's no longer standing as an MP.

1650
01:14:49,000 --> 01:14:51,320
Speaker 2: This and other matters Worth Rod Litill after the News,

1651
01:14:51,360 --> 01:14:51,920
Speaker 2: Which is next?

1652
01:14:52,120 --> 01:14:57,320
Speaker 1: Their News Talks, MP, the Breakfast Show, Kiwi's Trust to

1653
01:14:57,479 --> 01:15:02,720
Speaker 1: stay in the know, the mic hosting with a Vita, Retirement, Communities,

1654
01:15:03,000 --> 01:15:05,200
Speaker 1: Life Your Way, News, togs Head been.

1655
01:15:05,160 --> 01:15:07,640
Speaker 2: Mike, are you going to read you Cinda's book? The

1656
01:15:07,720 --> 01:15:10,200
Speaker 2: answer is yes. Funnily enough, I read all those books,

1657
01:15:10,240 --> 01:15:12,720
Speaker 2: those biographies. I love a good biography. And despite the

1658
01:15:12,760 --> 01:15:16,599
Speaker 2: fact that she destroyed the economy and ran she nevertheless

1659
01:15:16,680 --> 01:15:18,519
Speaker 2: was the duly elected Prime Minister of the country. And

1660
01:15:18,560 --> 01:15:20,960
Speaker 2: it behooves you to know the workings and the mindset

1661
01:15:21,160 --> 01:15:23,479
Speaker 2: of duly elected prime ministers of any country. As far

1662
01:15:23,520 --> 01:15:25,439
Speaker 2: as I can work out, I feel very sorry. She

1663
01:15:25,439 --> 01:15:27,160
Speaker 2: won't be on the program obviously, and I'm certainly not

1664
01:15:27,240 --> 01:15:30,160
Speaker 2: going to sprove the book, but I'll read it. I

1665
01:15:30,200 --> 01:15:32,599
Speaker 2: feel very sorry this morning for Joseph Parker. The Dubois

1666
01:15:32,760 --> 01:15:36,479
Speaker 2: fight is off in the sense it wasn't on and

1667
01:15:36,600 --> 01:15:38,720
Speaker 2: now it never will be. So if you forgot it.

1668
01:15:38,840 --> 01:15:41,280
Speaker 2: Back in February, he was due to fight Dubois in

1669
01:15:41,479 --> 01:15:46,000
Speaker 2: Saudi Arabia. Dubois became ill in a way that boxes

1670
01:15:46,000 --> 01:15:48,040
Speaker 2: a couple of days before the fight tend to get

1671
01:15:48,040 --> 01:15:50,360
Speaker 2: a bit ill, and so that was postponed. And then

1672
01:15:50,400 --> 01:15:52,160
Speaker 2: he fought that other guy whose name I can't remember

1673
01:15:52,200 --> 01:15:54,880
Speaker 2: and thrashed him. So there was some expectation that maybe

1674
01:15:55,040 --> 01:15:58,080
Speaker 2: they could go again. Not so it's officially off. So

1675
01:15:58,320 --> 01:16:01,439
Speaker 2: Dubois is now turning his attention into Yusic. Usik's got

1676
01:16:01,520 --> 01:16:05,280
Speaker 2: all the titles. So that's which. So the question is

1677
01:16:05,320 --> 01:16:07,840
Speaker 2: where does that leave Joseph Parker, Who does he need

1678
01:16:07,920 --> 01:16:11,200
Speaker 2: to fight and where does it go? So that's David

1679
01:16:11,280 --> 01:16:14,200
Speaker 2: Higgins's job, isn't it. That's David to sort that one out.

1680
01:16:15,000 --> 01:16:17,120
Speaker 2: So we'll keep you posted. Twenty two minutes away from.

1681
01:16:17,000 --> 01:16:21,360
Speaker 10: Nine International correspondence with ends and eye insurance, Peace of

1682
01:16:21,439 --> 01:16:22,680
Speaker 10: mind for New Zealand.

1683
01:16:22,400 --> 01:16:23,400
Speaker 21: Business in the UK.

1684
01:16:23,560 --> 01:16:27,160
Speaker 2: Rod Little, very good morning to you, Good morning to

1685
01:16:27,240 --> 01:16:29,479
Speaker 2: your meet Now the ship just updates on the ship

1686
01:16:29,520 --> 01:16:32,240
Speaker 2: and the burning. And yesterday we initially we reported that

1687
01:16:32,320 --> 01:16:34,720
Speaker 2: everyone had survived. Then yesterday there appeared to be one

1688
01:16:34,800 --> 01:16:37,479
Speaker 2: person missing, presumed dead, and then of course these ongoing

1689
01:16:37,600 --> 01:16:41,080
Speaker 2: questions as to how something like this could actually happen.

1690
01:16:42,720 --> 01:16:45,960
Speaker 20: Well, indeed, it's all getting very mysterious. Yes, we do

1691
01:16:46,320 --> 01:16:49,840
Speaker 20: can confirm someone as either dad or is swimming of

1692
01:16:50,000 --> 01:16:53,800
Speaker 20: every long distance. Indeed, that's a crew member of the

1693
01:16:53,880 --> 01:16:56,599
Speaker 20: Portuguese vessel which was the one which.

1694
01:16:56,560 --> 01:16:57,559
Speaker 2: Round in the.

1695
01:16:59,080 --> 01:17:02,000
Speaker 20: To the America An oil tanker which was carrying aviation

1696
01:17:02,160 --> 01:17:07,240
Speaker 20: fuel for the US Navy. So what we now know

1697
01:17:07,520 --> 01:17:10,919
Speaker 20: is that the of that Portuguese vessel has been arrested

1698
01:17:11,880 --> 01:17:15,519
Speaker 20: for gross negligence and manslaughter, given that a member of

1699
01:17:15,600 --> 01:17:19,679
Speaker 20: his crew has not been rescued and is missing, presumed dead,

1700
01:17:20,360 --> 01:17:24,240
Speaker 20: and it's now been revealed that is Russian. Now you

1701
01:17:24,360 --> 01:17:29,559
Speaker 20: can imagine that is what kind of effect I've had

1702
01:17:29,640 --> 01:17:33,559
Speaker 20: on the British public. This was a very unusual accident.

1703
01:17:34,640 --> 01:17:37,639
Speaker 20: There are quite a few boats heading into the Humber estue.

1704
01:17:38,320 --> 01:17:42,160
Speaker 20: It's the second biggest container port in Europe at Immingham.

1705
01:17:43,120 --> 01:17:47,120
Speaker 20: But they have such sophisticated equipment these days that even

1706
01:17:47,160 --> 01:17:50,120
Speaker 20: in the fog that was around, you would have expected

1707
01:17:50,160 --> 01:17:52,760
Speaker 20: them to navigate with a degree of ease. So the

1708
01:17:52,920 --> 01:17:58,280
Speaker 20: question now is whilst it's simply negligence and incompetence, or

1709
01:17:58,439 --> 01:18:01,439
Speaker 20: was there something darker? And if there was, what do

1710
01:18:01,600 --> 01:18:03,360
Speaker 20: we do about it? And how do we prove it?

1711
01:18:03,760 --> 01:18:06,040
Speaker 20: It's a very difficult question exactly.

1712
01:18:06,160 --> 01:18:08,760
Speaker 2: So I'm assuming all the usual investigations are under way,

1713
01:18:08,880 --> 01:18:10,840
Speaker 2: and should they stumble upon the idea that it might

1714
01:18:10,880 --> 01:18:13,200
Speaker 2: have been a bit deliberate and a bit Russian, in

1715
01:18:13,360 --> 01:18:15,640
Speaker 2: what court and jurisdiction has that dealt with.

1716
01:18:17,680 --> 01:18:22,519
Speaker 20: It's impossible, exactly the same as Putin has done with

1717
01:18:22,680 --> 01:18:25,000
Speaker 20: all other attacks on British soide. They will simply say

1718
01:18:25,080 --> 01:18:26,840
Speaker 20: we know nothing about this, we don't have a clue,

1719
01:18:26,840 --> 01:18:30,080
Speaker 20: we don't know what you're talking about, and what do

1720
01:18:30,200 --> 01:18:32,960
Speaker 20: you do about it? You only do about it. Do

1721
01:18:33,080 --> 01:18:35,240
Speaker 20: something about it if you're in a position of strengths,

1722
01:18:36,160 --> 01:18:40,160
Speaker 20: and I don't think we are that's the problem. But

1723
01:18:40,280 --> 01:18:43,760
Speaker 20: it all adds in to the general we've had Over

1724
01:18:43,800 --> 01:18:47,760
Speaker 20: the last couple of weeks. Russian ship's been escorted through

1725
01:18:47,800 --> 01:18:51,599
Speaker 20: the English channel. There have been close calls between NATO

1726
01:18:52,439 --> 01:18:57,080
Speaker 20: planes and Russian planes in various sensitive areas near Poland Estoni.

1727
01:18:58,960 --> 01:18:59,960
Speaker 20: It doesn't look good.

1728
01:19:00,200 --> 01:19:02,800
Speaker 2: No, it does not for people who haven't followed the

1729
01:19:02,920 --> 01:19:05,960
Speaker 2: Abu Wadi story. A bit of pipe bomb action and

1730
01:19:06,080 --> 01:19:09,160
Speaker 2: ce anti Semitic behavior. They foundly finally rounded him up,

1731
01:19:11,200 --> 01:19:11,680
Speaker 2: Yeah they did.

1732
01:19:11,840 --> 01:19:12,360
Speaker 6: That's good.

1733
01:19:13,360 --> 01:19:18,200
Speaker 20: But lastly because a campaigning organization recognized him. Because not

1734
01:19:18,360 --> 01:19:21,320
Speaker 20: only is he a kind of a Jew hating savage,

1735
01:19:21,920 --> 01:19:25,280
Speaker 20: he's also a sick Jew hating savage. He posted all

1736
01:19:25,400 --> 01:19:29,040
Speaker 20: of his videos online as he came into the country,

1737
01:19:29,120 --> 01:19:32,160
Speaker 20: so it was quite easy to apprehend him. But he

1738
01:19:32,400 --> 01:19:36,360
Speaker 20: was caught in a group of two hundred and thirty

1739
01:19:36,600 --> 01:19:41,519
Speaker 20: five people who came aboard at Dover. He's what we

1740
01:19:41,760 --> 01:19:45,320
Speaker 20: know about, you know, we don't know about the rest.

1741
01:19:45,439 --> 01:19:48,160
Speaker 20: And then there's another question, given that we know this

1742
01:19:48,320 --> 01:19:52,439
Speaker 20: guy is from Gaza, and we know he is he

1743
01:19:52,840 --> 01:19:56,479
Speaker 20: demanded the death of all Jews. You know this is

1744
01:19:56,560 --> 01:20:00,880
Speaker 20: a rank individual. I bet we can't get rid of him.

1745
01:20:01,520 --> 01:20:04,040
Speaker 20: I will bet you that we will talk about this

1746
01:20:04,200 --> 01:20:06,479
Speaker 20: in nine months time he'll still be here.

1747
01:20:07,880 --> 01:20:09,920
Speaker 2: Tell me that Reforms sorted itself out.

1748
01:20:11,479 --> 01:20:14,280
Speaker 20: Now it hasn't. I think they're in I think they're

1749
01:20:14,320 --> 01:20:18,759
Speaker 20: in some problem, in some trouble difficulty over this. Rupert

1750
01:20:18,880 --> 01:20:20,960
Speaker 20: Lowe is now sort of kind of picked out of

1751
01:20:21,040 --> 01:20:26,400
Speaker 20: the party. So that's twenty percent of their MP total gone.

1752
01:20:27,960 --> 01:20:32,160
Speaker 20: It reinforces amongst the members of Reform that that this

1753
01:20:32,320 --> 01:20:35,720
Speaker 20: is quite a dictatorial party. What Nigel says goes, and

1754
01:20:35,840 --> 01:20:41,519
Speaker 20: that's the end of it. Rupert Lowe quite a big figure,

1755
01:20:41,600 --> 01:20:45,479
Speaker 20: but nowhere near the charisma of Nigel Farage. They are

1756
01:20:45,520 --> 01:20:48,240
Speaker 20: in some trouble and they're still not being able to

1757
01:20:48,280 --> 01:20:50,240
Speaker 20: get above twenty five percent in the pulse.

1758
01:20:50,520 --> 01:20:54,040
Speaker 2: Interesting, tell you what you know. Starmer the other day

1759
01:20:54,160 --> 01:20:56,439
Speaker 2: was talking to us in since we last talked, and

1760
01:20:56,600 --> 01:20:58,719
Speaker 2: he was talking about all options being on the table

1761
01:20:59,280 --> 01:21:02,400
Speaker 2: and form and tear of some stuff like that. Where's

1762
01:21:02,479 --> 01:21:05,600
Speaker 2: he go with this in terms of the EUS retaliated

1763
01:21:05,680 --> 01:21:10,280
Speaker 2: this morning? He hasn't in not does he look weak

1764
01:21:10,520 --> 01:21:11,400
Speaker 2: or smart.

1765
01:21:12,680 --> 01:21:16,240
Speaker 20: Smart? I think he's played it smart all the way through.

1766
01:21:16,680 --> 01:21:19,040
Speaker 20: I think he's been let down by the Americans. And

1767
01:21:19,240 --> 01:21:22,000
Speaker 20: we will be let out by the Americans, as will

1768
01:21:22,120 --> 01:21:25,600
Speaker 20: you at some point in time. Your your time is

1769
01:21:25,720 --> 01:21:30,600
Speaker 20: coming by refusing to rule us out from sanctions and

1770
01:21:31,040 --> 01:21:35,400
Speaker 20: tarists rather, but he he What he does is he

1771
01:21:35,520 --> 01:21:39,040
Speaker 20: waits a couple of weeks, He weighs up what's been happening,

1772
01:21:39,160 --> 01:21:42,479
Speaker 20: He listens to advice, and he keeps good relations open

1773
01:21:42,640 --> 01:21:47,280
Speaker 20: with the USA. I think he has played an absolute blinder.

1774
01:21:48,600 --> 01:21:52,320
Speaker 20: I think he's been a hugely inept prime minister in

1775
01:21:52,479 --> 01:21:56,600
Speaker 20: many ways, and his party has wrecked the economy. I

1776
01:21:56,720 --> 01:22:00,160
Speaker 20: think he can probably say but over this issue, it

1777
01:22:00,320 --> 01:22:02,759
Speaker 20: is its rescue, it is its rescue acting.

1778
01:22:04,880 --> 01:22:07,400
Speaker 2: I know that Nicola not that I was anticipating that

1779
01:22:07,479 --> 01:22:10,040
Speaker 2: she would stand again, but she's announced officially she isn't.

1780
01:22:10,600 --> 01:22:13,120
Speaker 2: It's it's I mean, she hasn't been arrested in charge.

1781
01:22:13,160 --> 01:22:15,760
Speaker 2: She was arrested but not charged, so her husband was

1782
01:22:15,840 --> 01:22:18,439
Speaker 2: arrested in charge. It's quite the downfall, really, isn't it,

1783
01:22:18,479 --> 01:22:19,519
Speaker 2: when you've led a country.

1784
01:22:21,120 --> 01:22:25,479
Speaker 20: Yes, it's that old thing that all politicians' careers, and

1785
01:22:25,640 --> 01:22:28,360
Speaker 20: in failure, hers certainly has, and it's left behind it

1786
01:22:28,439 --> 01:22:32,960
Speaker 20: a toxic retigue which will hamstring the SNP in forthcoming elections.

1787
01:22:33,680 --> 01:22:38,240
Speaker 20: She strode the Scottish political furtherments that it is like

1788
01:22:38,360 --> 01:22:43,000
Speaker 20: a kind of dwarfish colossus. For nine years, nine to

1789
01:22:43,120 --> 01:22:45,960
Speaker 20: ten years, you know, she was kind of Scotland's and

1790
01:22:46,080 --> 01:22:52,280
Speaker 20: angler mercle. But it all collapsed with overwokery, liberal overreach

1791
01:22:52,760 --> 01:22:56,560
Speaker 20: and betraying the principles of Scottish nationalism. Really and she

1792
01:22:56,720 --> 01:23:00,000
Speaker 20: doesn't leave behind her a very pleasant party to look.

1793
01:22:59,880 --> 01:23:02,559
Speaker 2: At back Go well this weekend, we'll see next Tuesday.

1794
01:23:02,560 --> 01:23:05,559
Speaker 2: Appreciate it as always, Rod Little and Britain. We had

1795
01:23:05,600 --> 01:23:08,519
Speaker 2: old story just before we leave Britain. The cost of

1796
01:23:08,680 --> 01:23:13,120
Speaker 2: reducing energy bills for people who live nearby pylons will

1797
01:23:13,160 --> 01:23:15,840
Speaker 2: be paid for by increasing average annual bills across the

1798
01:23:15,920 --> 01:23:20,400
Speaker 2: country by eightp So what they do in Britain is

1799
01:23:20,479 --> 01:23:23,080
Speaker 2: if you live within five hundred meters of an upgraded

1800
01:23:23,200 --> 01:23:25,479
Speaker 2: or a new pylon, they will give you two and

1801
01:23:25,520 --> 01:23:27,719
Speaker 2: a half thousand pounds over ten years, so two hundred

1802
01:23:27,720 --> 01:23:30,439
Speaker 2: fifty pounds a year. And so when you're just living

1803
01:23:30,479 --> 01:23:36,240
Speaker 2: next to you can go, well, it's not that bad.

1804
01:23:36,240 --> 01:23:39,559
Speaker 2: I get two and fifty pounds a year. I think

1805
01:23:39,560 --> 01:23:42,720
Speaker 2: I'd move eight forty five the.

1806
01:23:42,960 --> 01:23:47,200
Speaker 1: Like asking Breakfast Fall show podcast on iHeartRadio powered by

1807
01:23:47,280 --> 01:23:48,080
Speaker 1: News Talks at be.

1808
01:23:49,720 --> 01:23:52,280
Speaker 2: Mike. These rules you read out on pharmacy. So where

1809
01:23:52,320 --> 01:23:53,960
Speaker 2: did you get it? I got it from David Seamore,

1810
01:23:54,000 --> 01:23:56,720
Speaker 2: not directly by David Seymour, but he published it on

1811
01:23:57,080 --> 01:24:00,160
Speaker 2: social media and dinner, so it's readily available to you,

1812
01:24:00,200 --> 01:24:02,160
Speaker 2: which reminds me very nicely if you missed it. It's

1813
01:24:02,280 --> 01:24:04,200
Speaker 2: just a whole lot of nonsense that you need to

1814
01:24:04,240 --> 01:24:06,040
Speaker 2: be a pharmacist in this country. That's got to do

1815
01:24:06,120 --> 01:24:11,000
Speaker 2: with your knowledge of tatidity. And it's just another indication

1816
01:24:11,120 --> 01:24:13,960
Speaker 2: of why we have a productivity crunch in this country,

1817
01:24:14,040 --> 01:24:16,400
Speaker 2: which does remind me of the and I assume he's

1818
01:24:16,479 --> 01:24:18,840
Speaker 2: taken care of it by today. The Tea Kunger lead

1819
01:24:19,680 --> 01:24:22,840
Speaker 2: that the Ministry of Foreign Affairs and Trade, I thought,

1820
01:24:22,880 --> 01:24:24,800
Speaker 2: and I may have misread this, but my understanding if

1821
01:24:24,840 --> 01:24:26,560
Speaker 2: you missed the story, so they're advertising this job for

1822
01:24:26,600 --> 01:24:29,519
Speaker 2: a tea Hunger lead at in fact one hundred and

1823
01:24:29,520 --> 01:24:32,559
Speaker 2: seventy thousand dollars a year, and I thought it had

1824
01:24:32,600 --> 01:24:35,479
Speaker 2: something to do with trade. So on international trade deals,

1825
01:24:35,520 --> 01:24:38,320
Speaker 2: before you sign it, you have a WYATA or something,

1826
01:24:38,360 --> 01:24:40,800
Speaker 2: and the wall she was in charge of that, so

1827
01:24:41,120 --> 01:24:42,519
Speaker 2: as far as from the ad. It's got nothing to do.

1828
01:24:42,600 --> 01:24:45,000
Speaker 2: It's just a person wanders around the building. Just person

1829
01:24:45,040 --> 01:24:46,840
Speaker 2: in Wellington wanders around the building tells you how to

1830
01:24:48,200 --> 01:24:51,040
Speaker 2: understand teacung. We had one at TB and Z years ago.

1831
01:24:51,920 --> 01:24:53,920
Speaker 2: I don't think it's called a teacunger lead, but it

1832
01:24:54,120 --> 01:24:55,280
Speaker 2: was the person who.

1833
01:24:56,680 --> 01:24:58,680
Speaker 17: That's part of your role here, isn't it very much?

1834
01:24:58,760 --> 01:25:01,320
Speaker 17: So I feel like you help me understand it a

1835
01:25:01,400 --> 01:25:02,320
Speaker 17: lot better, that's right.

1836
01:25:03,000 --> 01:25:04,360
Speaker 2: We had one TV and Z and that sort of

1837
01:25:04,640 --> 01:25:06,439
Speaker 2: they came and went and it was kind of like,

1838
01:25:07,479 --> 01:25:09,880
Speaker 2: here's a woke idea and this is our new Ta

1839
01:25:09,920 --> 01:25:11,960
Speaker 2: kung Elite or whatever they call them. And then he

1840
01:25:12,120 --> 01:25:13,479
Speaker 2: wasn't there anymore, and that was the end of that.

1841
01:25:14,439 --> 01:25:16,559
Speaker 2: By the way, I have Tremitaus sympathy. This morning, there's

1842
01:25:16,640 --> 01:25:18,880
Speaker 2: very good piece of reportage about the place of us

1843
01:25:18,960 --> 01:25:21,679
Speaker 2: family have stuck the hawks Bay Farm on the market

1844
01:25:21,800 --> 01:25:22,479
Speaker 2: Kurt and Trisha.

1845
01:25:22,560 --> 01:25:22,880
Speaker 12: This is.

1846
01:25:24,479 --> 01:25:27,559
Speaker 2: Y Mwana farm, four hundred ninety four hectares sheep and beef.

1847
01:25:28,600 --> 01:25:32,880
Speaker 2: And the Central Hawks Bay District Council wanted to do

1848
01:25:33,000 --> 01:25:36,920
Speaker 2: a little PDP the proposed District Plan, and they got

1849
01:25:37,040 --> 01:25:41,760
Speaker 2: eleven sites identified as outstanding natural features o infs and

1850
01:25:41,880 --> 01:25:45,240
Speaker 2: part of that was the local coastline or Kadaka coastline

1851
01:25:45,280 --> 01:25:48,160
Speaker 2: or part of it. Very high landscape values deprived from

1852
01:25:48,240 --> 01:25:51,880
Speaker 2: memorable geological formations which exhibit a visually striking land form,

1853
01:25:52,000 --> 01:25:54,960
Speaker 2: very high cultural significance in the area, plentiful and mari

1854
01:25:55,120 --> 01:25:58,560
Speaker 2: arch archaeological sites. Now, the zants were opposed to that,

1855
01:25:58,840 --> 01:26:01,599
Speaker 2: funnily enough, because they, I don't know, owned the land

1856
01:26:02,880 --> 01:26:04,840
Speaker 2: and they wanted some sort of compensation. So they say,

1857
01:26:04,880 --> 01:26:07,080
Speaker 2: if you're going to overreach here from the council's point

1858
01:26:07,080 --> 01:26:08,719
Speaker 2: of view and you're going to make it a special zone,

1859
01:26:09,320 --> 01:26:12,240
Speaker 2: it devalues the place. So what about the compensation. Council goes, well,

1860
01:26:12,240 --> 01:26:16,120
Speaker 2: there's no compensation. So so this hence went to court,

1861
01:26:16,240 --> 01:26:18,560
Speaker 2: the Environment court, and they lost there as well. So

1862
01:26:18,600 --> 01:26:20,360
Speaker 2: they've sort of given up. They've got a very poor

1863
01:26:20,439 --> 01:26:23,559
Speaker 2: impression quite rightly of the way New Zealand does stuff,

1864
01:26:23,960 --> 01:26:25,519
Speaker 2: and so they put their farm on the market. So

1865
01:26:25,600 --> 01:26:27,960
Speaker 2: it offers over six million dollars. But the point is

1866
01:26:28,760 --> 01:26:31,600
Speaker 2: that I thought this was over. I thought this was

1867
01:26:31,640 --> 01:26:33,479
Speaker 2: all part of the new government and they were going

1868
01:26:33,560 --> 01:26:37,840
Speaker 2: to go This nonsense stops now. So once again another

1869
01:26:37,960 --> 01:26:40,360
Speaker 2: example along with the road cones, and along with the

1870
01:26:40,400 --> 01:26:42,320
Speaker 2: speed limits, and along with all the other things that

1871
01:26:42,400 --> 01:26:44,759
Speaker 2: were supposed to end that hasn't ended.

1872
01:26:44,640 --> 01:26:47,000
Speaker 13: And taking barnacles off this boat.

1873
01:26:47,560 --> 01:26:49,439
Speaker 2: You've got to take the barnacles. And this goes back

1874
01:26:49,439 --> 01:26:52,559
Speaker 2: to Peters. Why are they still advertising this stuff? They

1875
01:26:52,720 --> 01:26:56,160
Speaker 2: said they would stop. You watch for the rolling thunder, MICUs,

1876
01:26:56,360 --> 01:27:00,639
Speaker 2: it's coming. It's eight minutes or away from nine.

1877
01:27:01,320 --> 01:27:05,120
Speaker 1: The Mike Hosking breakfast with the range Rover Villa News.

1878
01:27:05,000 --> 01:27:07,840
Speaker 2: Toks head be It takes time, Mike. They can't get

1879
01:27:07,880 --> 01:27:10,280
Speaker 2: everything done in eighteen months. Heather, you're right, but some

1880
01:27:10,439 --> 01:27:13,040
Speaker 2: of it is stroke of a pen stuff, and they

1881
01:27:13,080 --> 01:27:14,920
Speaker 2: could strike the pen a lot more quickly than they

1882
01:27:14,960 --> 01:27:18,040
Speaker 2: are in two You can't go to an election campaign

1883
01:27:18,120 --> 01:27:20,719
Speaker 2: going oh look, it takes time. That's not a recipe

1884
01:27:21,320 --> 01:27:24,160
Speaker 2: for a second term, Mike. With Winston taking a position

1885
01:27:24,280 --> 01:27:26,840
Speaker 2: on DEI, do you think you'll run on abolishing Mallory

1886
01:27:26,880 --> 01:27:29,679
Speaker 2: seats again? Well, now that he doesn't win any probably

1887
01:27:30,720 --> 01:27:32,400
Speaker 2: sort of an irony there. They're trying to make it

1888
01:27:32,439 --> 01:27:34,760
Speaker 2: out that his constitution of the party is not the

1889
01:27:34,800 --> 01:27:37,799
Speaker 2: similar to a DEI program, of which, not surprisingly he's denying.

1890
01:27:38,000 --> 01:27:39,360
Speaker 2: Five minutes away from nine.

1891
01:27:39,600 --> 01:27:44,519
Speaker 1: Trending now with chemist Wells keeping Kiwi's healthy all year out.

1892
01:27:44,760 --> 01:27:46,640
Speaker 2: We've been focusing a little bit earlier on mainly on

1893
01:27:46,720 --> 01:27:48,840
Speaker 2: the program. The Irish Prime Minister Martin's there in the

1894
01:27:49,200 --> 01:27:52,120
Speaker 2: White House today meeting with Trump, etc. But there was

1895
01:27:52,400 --> 01:27:57,839
Speaker 2: another moment. Brian Glenn, he's the bloke who asked Zelenski

1896
01:27:57,920 --> 01:27:59,559
Speaker 2: the other day why he wasn't wearing a suit. He's

1897
01:27:59,640 --> 01:28:04,679
Speaker 2: Marjorie Taylor Green's partner. He's one of the random, out

1898
01:28:04,680 --> 01:28:07,479
Speaker 2: of left field questioners, and he decided the big question

1899
01:28:07,520 --> 01:28:09,920
Speaker 2: of the morning was really nothing to do with Ireland,

1900
01:28:09,960 --> 01:28:14,479
Speaker 2: but more about why Rosie o'donald's leaving the country.

1901
01:28:14,720 --> 01:28:18,679
Speaker 6: Ireland is known for very happy, fun loving people. Great

1902
01:28:18,720 --> 01:28:21,120
Speaker 6: out to Ginning in this room right now that I've

1903
01:28:21,240 --> 01:28:24,840
Speaker 6: mat why the world would you let Rosie o'donnald move?

1904
01:28:25,680 --> 01:28:28,720
Speaker 6: He's just going lower your happiness. Love, Thank you.

1905
01:28:28,800 --> 01:28:29,639
Speaker 14: I like that question.

1906
01:28:34,760 --> 01:28:37,400
Speaker 20: Do you know who she is? You better?

1907
01:28:38,280 --> 01:28:38,599
Speaker 6: You better?

1908
01:28:42,720 --> 01:28:46,639
Speaker 2: Those other reporters didn't let mister Martin answer the question,

1909
01:28:46,720 --> 01:28:48,400
Speaker 2: did they They're so rude.

1910
01:28:48,320 --> 01:28:50,000
Speaker 17: It's almost like they didn't think that it was a

1911
01:28:50,200 --> 01:28:50,840
Speaker 17: real question.

1912
01:28:51,000 --> 01:28:54,160
Speaker 2: That was worth was the giveaway when Green went, I'm joking.

1913
01:28:54,720 --> 01:28:58,120
Speaker 2: Could have been that anyway, because Trump said that was

1914
01:28:58,160 --> 01:29:00,200
Speaker 2: a good question, because Trump knows a good question, like

1915
01:29:00,280 --> 01:29:03,519
Speaker 2: he knows a good tariff. He took the opportunity to

1916
01:29:03,720 --> 01:29:06,560
Speaker 2: congratulate Trump. He had another question, said Brian, Brian, you

1917
01:29:06,600 --> 01:29:09,560
Speaker 2: can have another question. And the opportunity came in the

1918
01:29:09,600 --> 01:29:12,559
Speaker 2: form he was congratulating Trump for correcting the stock markets.

1919
01:29:12,840 --> 01:29:16,799
Speaker 2: To stud you correct the stock market, what does Marjorie

1920
01:29:16,840 --> 01:29:19,000
Speaker 2: seeing him? But then again, you can ask the same

1921
01:29:19,080 --> 01:29:20,559
Speaker 2: question once you see in Marjorie for good.

1922
01:29:20,840 --> 01:29:22,240
Speaker 17: And Marjorie sees a lot of things in a lot

1923
01:29:22,280 --> 01:29:22,800
Speaker 17: of places that.

1924
01:29:22,880 --> 01:29:26,000
Speaker 2: She does, doesn't she she does, She sees things then

1925
01:29:26,080 --> 01:29:29,880
Speaker 2: nobody else sees. That's a special talent. I'm told now

1926
01:29:30,080 --> 01:29:33,040
Speaker 2: back tomorrow morning for Friday, as always, Happy Days.

1927
01:29:54,160 --> 01:29:57,040
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1928
01:29:57,160 --> 01:30:00,280
Speaker 1: news Talks. It'd be from six am weekdays, or follow

1929
01:30:00,320 --> 01:30:01,800
Speaker 1: the podcast on iHeartRadio.