Episode Transcript
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Speaker 1 (00:09):
You're listening to a podcast from News Talk zed B.
Follow this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:16):
Hello are you great New Zealands? And welcome to Matt
and Tyler Full Show Podcast number one two four for
the fourteenth of May, a Wednesday. And look, we had
a deep conversation about debt and got some great calls.
We did, and I think I got no closer to
fully understanding what was going on. It's a very complicated deal.
You can read the exact figures from the Treasury and
(00:40):
two people will analyze them in a completely different way exactly.
Speaker 3 (00:44):
We got Liam in to try and break it down.
And even with Liam Dan who is a freaking genius
when it comes to these sort of things, complex, very.
Speaker 2 (00:52):
Very complex, but I think we learned a lot. That
was a fantastic chat, then some really emotional stories about
people that have lost huge amounts of weight, and then
New York Car Tips if you've got promise of cars
with Matt the Mechanic, and then a fantastic comedic piece
of audio from John Clark. So very good show.
Speaker 3 (01:12):
Yeah, so download, subscribe, give us a review if you like,
but we'd love a review and we'll see you say.
Speaker 2 (01:20):
Yeah, give a taste givvy all right, jeer the.
Speaker 1 (01:22):
Big stories, the leak issues, the big trends, and everything
in between. Matt Heath and Tyler Adams Afternoons News.
Speaker 4 (01:31):
Talk said the.
Speaker 3 (01:34):
Good afternoon to you. Welcome into the show for this Wednesday.
I hope you're doing well with you're listening in the country,
Get a Mets.
Speaker 2 (01:40):
Get a Tyler good a all your great New Zealanders.
Thank you so much for tuning in. I've had a
headache for three days now. I've been thinking, Tyler. Yeah,
and everyone, when you've got a hangover, you can handle
a headache because you deserve it, right, Yeah, and it's
fine and you know self inflict you know that'll disappear
at four o'clock whatever. Yeah, But having a headache that
just keeps going when you don't have a hangover, that
(02:00):
is punished. Yeah, and it's probably better than a hangover.
It's probably not even bad as a hangover, but it's
it's more emotionally texting. So look, if I say something
stupid today, or I lose my train of thought, or
I blow up and flip the desk, it's because I've
got a head ache ka.
Speaker 3 (02:13):
It's incredibly unfair midweek because you know, arguably you've done
nothing wrong and you're getting this headache. But when you
drink too much alcohol, at least you can be a
piece of work on a Sunday. You don't really have
to do much if you don't want to, and you
know it's self inflicted, but you are in a world
of pain at the moment and arguably.
Speaker 2 (02:30):
So look, thoughts and prayers to me, and look, I
look forward to hearing everyone sympathy on nine to two
nine two.
Speaker 3 (02:36):
It'll come through thick and fast, and abuse as well
if you want. You know, we don't mind a.
Speaker 2 (02:40):
Bit of that.
Speaker 3 (02:42):
Right on to today's show after three thirty, as we
always do on a Wednesday, we have our ass the
Experts series, and today we've got the Mechanic back with us.
He's from Exil Autos and Fakatane thirty eight years experience
as a mechanic. He is brilliant and he'll be taking
your calls on oh, eight hundred eighty ten eighty after
three thirty, first and first servers, we say, after three o'clock,
(03:05):
shoes off for shoes on in their house. Another study
out of the UK. They love these studies, but quite
interesting about the level of filth in some of the
houses where they allow shoes on that.
Speaker 2 (03:17):
This is a stupid study because the level of filth
is on the ground unless you're licking the carpet. Who
cares how much filth comes in on the ground, like
someone running around taking tests on the ground, get off
the floor. I mean, if people are climbing into your
sink and stamps stomping around while you do your dishes,
then that's a big issue. But if someone just walks
in off the street and there's a bit of stuff
(03:39):
on there, as long as they haven't stood on a
dog's egg and you know, and dragged it through your
white shag pile carpet, then I say, shoes on in
the house, let's go.
Speaker 3 (03:49):
Yeah, that's going to be a good shed after three o'clock.
After two o'clock. Buriatric surgery. Longtime sportscaster and now real
estate agent Hamish McKay. He recently shared a post on
LinkedIn and he had that very surgery. He was always
a solid sort of guy, Hamish, but he in his
own words, he ballooned out. He was at one hundred
and thirty five kilograms. So now he's down to eighty
(04:12):
two and if you see the photos he looks very dry.
Speaker 2 (04:14):
One hundred and thirty five down to eighty two, that
is that's a huge change you. I mean, god, you've
lost fifty kgs. Yeah, I mean I think my girlfriend's
fifty kg's. You've lost my girlfriend.
Speaker 5 (04:27):
It's impressive, Famish.
Speaker 2 (04:28):
Yeah, well happened to me pretty soon. As lovel I'm behaving.
Speaker 3 (04:31):
But we want to hear if you've gone the root
of bariatric surgery, did it save your life? As Hamish
has attributed in his own circumstance that he generally thinks
it saved his life.
Speaker 5 (04:40):
So that will be a good chat.
Speaker 3 (04:41):
But right now, leads, have a chat about our levels
of debt and how worried you are, No doubt about it.
Our debt has increased significantly over the recent what three
four five years since COVID.
Speaker 2 (04:51):
Yeah, look, I can't get my head around what Chrishipkins
was saying on a debt the other day, one hundred
and seventy five point five a billion this year and
going up to two hundred and thirty five billion by
twenty twenty nine according to current forecasts. He seems to
think with the opposition, and he was in labor at
the time. He was you know, he was in government
(05:11):
at the time when all that Morow money was borrowed,
or a lot of the money was borrowed. Our current
government's still borrowing a lot. He seems to think. It's
sweet ass. Listen to this.
Speaker 6 (05:21):
You wouldn't sell your house because you've got a mortgage
that you can easily pay. So why would you sell
your public assets and slash government spending when there isn't
a crisis.
Speaker 2 (05:32):
So he doesn't think that we have a crisis. Owing
one hundred and seventy five point five billion, three hundred
and thirty three thousand per person or one hundred and
thirty two thousand for a family of four, that's how
much we did we oh at the moment.
Speaker 3 (05:48):
Yeah, And he went on to say, and I'm paraphrasing
a little bit here, but he said, if you include
our assets like the New Zealand Super fun, he believes
our net debt falls closer to twenty five percent rather
than forty five percent, which is calculations most governments around
the world actually use. So we're going to put that
question to the Legam Van but.
Speaker 2 (06:07):
Most of the countries own their own banks, so they
don't have three hundred billion in private debt. Yeah, so
it's we're in a very different position than other countries. Absolutely,
but yeah interesting.
Speaker 5 (06:17):
So Chris Hopkins.
Speaker 3 (06:18):
Believes that we have room to borrow, that we should
be taking on more debt to pay for infrastructure, whereas
Nicola Willis.
Speaker 2 (06:26):
Yeah, this is what Nicola Willis said in parliament.
Speaker 7 (06:29):
New Zealand's net core crown debt, which once hovered between
five and twenty five percent of GDP, rose to about
forty two percent last year. That's the highest level of
government debt New Zealand has shouldered since the mid nineties.
Servicing that debt is expensive, the interest bill on government
(06:50):
debt has sought from three point six billion in twenty
fourteen to eight point nine billion last year. That's an
awful lot of money. It's more than annual core crown
expenses for the Police Corrections, the Ministry of Justice, Customs
and the Defense Force combined. And so our government's goal
(07:12):
is to put net core cround debt on a downward
trajectory towards forty percent of GDP, and in the longer
term to keep it below that percentage. Why, Because allowing
debt to keep spiraling would threaten the livelihood of every
New Zealander. We need the world to keep seeing New
(07:32):
Zealand as a good country to invest in and lend to.
Speaker 2 (07:37):
Eight point nine billion a year in interest repayments alone.
Surely that is not good. Not surely. I mean you
could do you could argue that we're currently borrowing money
to pay the interest. I mean, that's not that that's
eight point nine billion, it's not even the principle. And
(07:57):
that's at one point. That's at one hundred and seventy
five point five billion as of December last year, going
up to two hundred and thirty four point one billion
by some forecasts by twenty twenty nine. Yeah, don't. I
don't understand. And also another thing I don't understand is
where all the money went. And I've been trying to
(08:18):
look into that and we don't ask. So we you know,
our debt jumped up so significantly over that time, but
where is that money? Yeah? Where did it go?
Speaker 5 (08:28):
It is a great question.
Speaker 2 (08:29):
We don't have another harbor crossing. No, we don't have
any light rail to the airport. No, neither go exactly
great question. And you mentioned also a little bit earlier
that the Treasury forecast on our debt looks set to
continue over the next few years. And a big reason
for that, to use the mortgage analogy again is that
(08:50):
we've just ever seen the interest. We can't actually get
chip away too much of the debt because we're paying
of fortune and interest. Yeah. And meanwhile, we've all individually
got our massive mortgages. Yeah, three hundred billion dollars of
mortgages that we owe to primarily banks overseas banks.
Speaker 5 (09:09):
Yeah.
Speaker 3 (09:10):
So we want to get your thoughts on this one.
Are you in the Hipkins camp that you feel there
is room to borrow some more money to pay for
infrastructure and things we need in this country, or are
you more in line with Nichola Willis and the government
that we need to get that debt down to have
a bit of a buffer when a next crisis comes
our way.
Speaker 5 (09:29):
Love to hear from you on O. Eight hundred and
eighty ten eighty.
Speaker 3 (09:31):
We're also going to catch up next with Liam dan,
the Business editor at large at the New Zealand Herald.
If you've got a question for Liam, we've got plenty
for him. But if you've got a question for him,
send it through on nine to nine to two. But
Liam Dan with us next. It is quarter past one, the.
Speaker 1 (09:47):
Big stories, the big issues, the big trends and everything
in between. Matt Heath and Tyler Adams afternoons us talks, that'd.
Speaker 3 (09:55):
Be seventeen past one. How worried to you about our
government debt levels?
Speaker 2 (10:00):
So Christopher Hipkins seems to think it's sweet as let's
borrow some more, whereas Nikola Willis thinks that we're swimming
in debt and we really really need to do something
about it. So how can two public figures have such
disparate views when surely if you look at the numbers
coming out of the economic and fiscal updates, everyone's getting
(10:22):
the same figures.
Speaker 5 (10:22):
Yeah.
Speaker 3 (10:23):
Well, a man who is all over this is news
clitarial Business editor editor at large, Liam Dan, and he
joins us in studio. Liam, Hey, guys, so when let's
start with a calculation that Chris Hopkins was using in
his pre budget speech. So he included with the debt
levels our super New Zealand super Fund, and he said,
when you bring that into account, it reduces our debt
(10:44):
levels to around twenty five percent. Is that a fair
way to calculate it.
Speaker 8 (10:47):
It's a way to calculate it. I mean, it doesn't
change reality, does it. I mean, eighty billion dollars in
our enz super fund, which we believe we need to fund,
you know, the huge retirement pension bill that's coming our
way in the government's actually said they'll start to take
some money out. But yeah, so you could say core
(11:08):
crown debt, we can say gross core crown debt, and
you can include and exclude. But the end of the day,
you know what we have and saved. I mean, I
guess what he's trying to say is that the ratings
agencies will look at it and they won't see it
as bad as it's being painted by Nichola Willis So
(11:29):
because a lot of the issue about whether we can
borrow more is whether or not we can do it
without getting a credit downgrade from these big ratings agencies
like S and P. Because if you get a credit downgrade,
you're seen as a bad risk and the cost of
borrowing goes up, so you're interest rate for everything goes up,
and then you get into a spiral like countries like
Argentina and so on have done in the past where
(11:51):
their credit ratings falling, so the cost of borrowings going up,
they can't cover it, they to borrow more. It's a
bit like sort of credit card debt or something like that.
Speaker 2 (12:01):
That seems a little bit odd to me because that
doesn't make any difference around the eight point nine billion
dollars in interest payments we're playing paying quite now right now,
isn't it. So if you've got this money, so saying
that we've got the super money, right, does that mean
if everything turned to absolute custard, we could grab that
and pay it, use it to pay our debts, but
(12:22):
then we would not have any money to pay out
the super when we need. Yeah, we'd still need yeah.
Speaker 8 (12:27):
So it doesn't change the reality of our situation. But
if a ratings agency or if someone looking at our
net position goes, well, you know, your gross debts one
hundred and eighty billion, but you've got eighty billion dollars
of savings, then your net net debts one hundred so
it might might pay it might be taken into consideration
(12:47):
when they look at our rating, and you know the
risk of a ratings downgrade. So I think what Chris
Hipkins is arguing is there is scope to borrow more
without getting a credit downgrade. Whether or not that's a
good idea long term, or whether we can actually pay
that back is debatable, and that that would come down
(13:08):
a lot of ways to what you did with the money.
Speaker 2 (13:10):
I guess so Chrishipkins are saying that our debt is
fine compared to other government debt internationally. How do we
sit internationally?
Speaker 5 (13:20):
It always looks quite good.
Speaker 8 (13:22):
It used to be, you know, we used to try
and keep it about twenty percent of GDP. It's depending
on which measure you use. I've seen forty two percent
of GDP or forty eight percent of GDP if you
use the gross figure. But you know, you look around
the world and you go, well, the UK's ninety two
percent of GDP, US one hundred and thirteen, Japan two
(13:45):
hundred and forty two percent of GDP, and they look
a lot worse, and you think, well, why can't we
do that? And there are some reasons. I think one
of the reasons is we are a risk prone country.
We're small, we're vulnerable to global economic shops, but we're
also vulnerable, unfortunately to natural disasters. And it's reasonably regularly
(14:10):
a big one comes along and cost the country billions
of dollars. The other thing is we're not great savers
and investors ourselves. So as you mentioned earlier, you know,
we've got this enormous mortgage debt. So in actual fact,
our ratings agency might step back further than our super
fund and go, yeah, but you've also got this enormous
private debt. I mean, it's not not specifically what they're
(14:31):
looking at, but they're looking at the risk rating of
the country as a whole. And if we're you know,
got another four hundred three or four hundred billion dollars
of mortgage debt going with interest payments going out to Australia,
that makes it makes us more vulnerable. And we don't
own a lot of our own debts. So an interesting
example is in Japan, where people save and invest, they
(14:55):
buy government bonds, and they buy their own government bonds.
So even though the government is in debt to you know,
billions and billions of dollars, a lot of it's owned
by Japanese people and that can make it, you know,
less of a risk when you us look at the
country compared to the rest of the world. They still
have a big debate about debt in Japan. Though it
doesn't mean everything's all right.
Speaker 2 (15:16):
What will you look at this situation? Some people, you know,
I can't find the exact figures, but some people are
banning around five hundred and seventy billion dollars in private
debt in New Zealand, and then you add in the
government debt, and then you're looking if you put those
two together, and considering we don't own our own banks,
(15:36):
you're starting to look at us having arguably you know,
more than twice GDP.
Speaker 5 (15:42):
And absolutely I.
Speaker 8 (15:43):
Actually do tell it up every year, and of course
you do.
Speaker 5 (15:47):
To May thirty one.
Speaker 8 (15:48):
Last year it was eight hundred and twenty seven billion
total debt gross debt in New Zealand. So it doesn't
count our savings. It doesn't count what our houses might
be worth if we were able to sell them to
someone other than you know.
Speaker 5 (15:59):
Yeah.
Speaker 3 (16:00):
Just on the question of austerity, there's a balance, right
that austerity has the risk of slowing down the economy
and putting the brakes on it. Seen that in the past,
maybe in the twenties and thirties, where it didn't work
it was too much cut. So there's that fine balance,
But getting that debt down in case of, for lack
of a better word, a rainy day, seems to be clever,
a smart move going forward.
Speaker 8 (16:21):
Yeah, I mean you can make the case though that Look,
you could make the case that our government can borrow
it at three or four percent. You can borrow very
cheaply as a government because you've seen as a good risk.
If you could therefore invest that money and be sure
that you're going to get seven or eight percent, you'd say, yep,
go for it. Governments should just do this all the time.
Why don't they borrow more? And that is a political argument.
(16:43):
What the public has to do is look at it
and go, well, do we trust the government to spend
that money efficiently? And I think unfortunately there is a
feeling or a mistrust of government doing that. And you know,
because of what we've seen successive governments over many years.
Speaker 2 (16:58):
Which then brings in PPPs. Yeah, well, I mean it's
just basically a higher purchase. But you're saying when you
do that that you think that business is better at
making these infrastructure projects on on budget.
Speaker 8 (17:11):
Well, I think there's a there's a belief that there's
a It brings a discipline and that government's just just
borrowing and trying to do it. They create you know,
the Look, I'm trying to be agnostic here, but there's
a view that there's a you know, you get these
you know you mentioned that the Harbor Bridge and the
light rail to Ubdominion Road. I mean, aren't they great.
Speaker 2 (17:31):
You know, we spent all this money.
Speaker 8 (17:32):
It'd be nice if we could look out the window
and see that the goal plate at Harbor Bridge with
the walking track and the cycle way being built.
Speaker 9 (17:40):
But they're not.
Speaker 8 (17:41):
They spend a lot of money and look and and
the amount of money that you know, you said, where
did the money go, Well, it's still being spent by
government on running government. And you know, look, I'm not
saying that the things that they're doing aren't important. We
need more, you know, we needed the spending on health
and we needed the spending on education. But it hasn't
(18:01):
really come down as a percentage of GDP the size
of New Zealand government spending. And Nikola Willis is only
talking about bringing down very gradually. So there's certainly people
on the right saying, go even harder. We've got more issues.
Speaker 2 (18:15):
Yeah, this is an interesting text just we go. I
think so much, Liam, But why don't we use our
supernuation fund to pay off our debt and then save
the interest payments to repay So if you've got this
money when we're playing eight point nine billion dollars an.
Speaker 8 (18:30):
Interesting one because the super fund returns nine to ten
percent a year and we can borrow at three to
four percent. So really you could say, well, why don't
we borrow a heap more and put it on like
taking your student loan and putting it on the ship.
We could be backing the super fun to get us
out of trouble.
Speaker 5 (18:47):
Yeah, yeah, all right, thank you so much. Yeah, fantastic guys. Yeah,
thank you.
Speaker 3 (18:51):
That is Liam Dan, our business editor at large at
The New Zealand Hera. But really keen to get your view.
Speaker 2 (18:56):
Yeah, do you think we're swimming in debt? Or do
you think we're sweet airs and we should borrow a
bunch more?
Speaker 3 (19:01):
Yep, Oh, eight hundred and eighty ten eighty is the
number to call twenty six past one, Putting.
Speaker 1 (19:06):
The tough questions to the news speakers the Mike Hosking Breakfast.
Speaker 10 (19:09):
Is this the coming of age of our super fund
set up to ultimately fund our superannuation requirements. Will be
making our first withdrawal in twenty twenty eight. Fin It's
Minister Nikola Willis.
Speaker 4 (19:18):
We've all talked for several years about it.
Speaker 7 (19:20):
At a certain point, the cost of superannuation will get
very high and then we'll need the super fund to help.
Speaker 11 (19:24):
We're now at that point.
Speaker 10 (19:25):
Does it solve the problem long term?
Speaker 7 (19:27):
Well, it helps offset the costs of New Zealand superannuation.
Speaker 10 (19:31):
Yeah, but in what in its golden moments, what percentage
will it offsets.
Speaker 7 (19:36):
It's only going to be about twenty percent of the
total cost.
Speaker 9 (19:39):
Jeez.
Speaker 10 (19:39):
So we haven't extinguished the debate as to whether we
need to retire older yet. Back tomorrow at six am
the Mic Hosking Breakfast with a Vida News Talk ZB.
Speaker 3 (19:49):
Good afternoon, and we've asked the question, how worried are
you about government debt? Chris Hipkins thinks there is room
to borrow more for infrastructure that we do need in
this country, whereas Nichola Willis is very keen to get
those debt levels down, so there's a buffer in cases
a crisis and we need to pay for it.
Speaker 2 (20:05):
Yeah. Well, Chris Hipkins is accusing Niicola willis of scam
essentially around debt. But when I look at it, eight
point nine billion dollars in interest repayments a year, which
is more than police corrections the Minister of Justice and
the Defense Force combined.
Speaker 5 (20:23):
Scares the hell out of me.
Speaker 3 (20:24):
I mean, you know, to use Nichola Willison's own words,
it is fiscally irresponsible to let that deck get higher.
Because the reason I'm so terrified is because any day
now we could have And I don't want to scaremonger,
but it's just the reality. We could have another earthquake,
or we could have another financial crisis that hits the world,
or you just never know what's around the corner. So
(20:44):
preparing for that as a country, to me is critical.
Speaker 2 (20:47):
Oh well, you we're a uniquely vulnerable country. And look,
it seems to me these massive things happen every ten years,
with little ones speckled in the middle. And it's actually
been five years since COVID ugably, you know, coming up
on six years since COVID, it's been a crapug So
we could be four years away from another major global problem,
(21:08):
and and that's when we need to have been in
a position to borrow for emergencies and if we ever
burned it now, then what do we do? But it is,
tell you what, very complicated. And I've got a headache
today and this is not helping my headache.
Speaker 3 (21:23):
A few techs here, guys, Matt and Tyler. Of course,
Hipkins will think the debt level is okay, as Hipkins,
Robinson and all. We're responsible for the huge blowout leading
to the inflation we experience.
Speaker 2 (21:34):
That's from Glenn This Texas says the COVID cash went
to businesses and waged sub disease and no one turned
them down. Even the wealthy people seemed to think it
was free. I mean a lot of it did, but
not all of it. A lot of it just seems
to have disappeared in a puff of smoke. Yeah, you know,
it's still in the system and being spent by the
(21:54):
government at the moment, and budgets and all this kind
of stuff, and it gets incredibly squirrelly when you look
into the numbers.
Speaker 5 (21:59):
Certainly does.
Speaker 3 (22:00):
But you mentioned a couple of those big infrastructure protects
and this is just a few that came to mind
at the Harbor Bridge and the CRL And there's been
many many other big infrastructure projects that looked very pretty
and the plans look fantastic, but we never got anything
for our money.
Speaker 2 (22:15):
Scott says, Hey, guys, So in twenty eighteen it was
twenty eight point one GDP. In twenty nineteen it jumped
to thirty one point eight GDP. So this is before
COVID nineteen. Now we sit at forty seven point two GDP.
Labor put this country in a hole, and I don't
think we can get out of it without selling gold, coal,
oil and gas. We need to drill, baby, drill.
Speaker 5 (22:38):
Is Scott, keep those teks giving through on nine two
ninety two. We've got full boards.
Speaker 3 (22:42):
If you can't get through, keep trying, but we're going
to get to some of your phone calls very shortly.
Oh eight hundred eighty ten eighty is the number. It's
twenty eight to two.
Speaker 12 (22:52):
US talk said the headlines with blue bubble taxis it's
no trouble with a blue bubble. Young Kiwis, aged eighteen
to thirty, made up thirty nine percent of citizen departures
in the past year. Stat Sanz says we had a
net migration gain of only twenty six thousand.
Speaker 2 (23:09):
That's less than.
Speaker 12 (23:10):
A third of the year before The Greens are put
forward their alternative budget, using a wealth tax and higher
companies tax and mining royalties to fund things like free GPS,
dentistry and preschool education. Labour's also aiming to deliver its
policy for a tax shake up this year, saying a
disproportionate tax burdens placed on scenary and way journals. The
(23:34):
Taxpayer's Union says to long a city council needs a
cap on rates, with this year's proposed twelve percent increase
accumulating over two years to a twenty five percent hike.
Speaker 2 (23:46):
A small riessay.
Speaker 12 (23:47):
At titekor north of Topur has left the National Body
over its lack of recognition of the Teddy t or
white tangi our Trump tariff sir, clouding New Zealand's economic outlook.
You can find out more at Ensenhill Premium. Now back
to Matteath and Tyler Adams.
Speaker 3 (24:03):
Thank you very much, Raylean, borrow more or cut our debts.
It's the question we've put to you, and that is
the divide between the two major parties in New Zealand,
National and Labor. Chris Hipkins says we've got room to borrow.
Nicola Willis says, we're in the stook and we need
to cut our debt asap to save up for when
the next crisis will hit.
Speaker 2 (24:23):
Yeah, so are we drowning in debt or is it okay? Dallas,
welcome to the show.
Speaker 13 (24:32):
All right, guys, great discussion. That's a very good discussion.
I would ask you, if all debt is bad, why
have you got a house mortgage in a caravan?
Speaker 2 (24:43):
Well, I mean yeah, I mean you could absolutely say,
I mean not all debt is bad, but too much
debt is bad. So that if I had lived in
a house that was more expensive than the mortgage payments
I could pay, then that would be bad.
Speaker 13 (24:59):
So it's the balance, isn't it Otherwise? So the reason
you've got a mortgage is because you believe that house
is an asset which will to bring a return for you.
And see, not all that data's bad, it's how you
spend it.
Speaker 5 (25:15):
Well, yeah, spot on, Dallas.
Speaker 3 (25:17):
But just to take that analogy to my own personal circumstances,
we've got our house in christ Church. If we're ever
to look at you know, potentially buying an Auckland for example,
that is debt that would stress the hell out of
us as a household, and if anything was to happen,
some sort of crisis or some unexpected expense, then we're
(25:37):
bug it. And that's the analogy that I see with
the government, that any extra debt that they take on
and something happens around the corner and we don't know,
we've got to be prepared. We're in a vulnerable country
and anything happens that we need to borrow that point
to try and fix it for structure if it's an earthquake,
or balance back the economy, if it is a global crisis,
(25:57):
then will be even further in the stock And that's
what scares me.
Speaker 13 (26:01):
Yeah, but we're supposed to have a fun set aside
for that earthquake. Heaven't we've got an emergence, We're supposed
to have that set aside.
Speaker 3 (26:09):
Yeah, I mean there is EQC there, but it doesn't
you know when you equate that to the Christos youthquake
that didn't really touch the sites.
Speaker 2 (26:16):
Hey, now, Dallas, So I guess i'd ask you know
you're saying, yeah, not all debt's bad, and I think
we all accept that, and especially if we've got mortgages,
But are you comfortable with eight point nine billion dollars
a year in interest payments in New Zealand. That's more
than we spend on police corrections, the Ministry of Justice
and Defense Force combined. And that is just paying the interest.
(26:37):
And there's an argument, and what it's not an argument.
It's basically a fact. We are borrowing money to spend
on the interest of previously borrowed money. And when you
get into that situation, you have to ask yourself, is
it a good time to be borrowing a whole lot more?
Speaker 13 (26:52):
Our problem is productivity, isn't it So if you're borrowing,
if you're borrowing to go into good roads, which speeds
up business, and good hospitals which keeps the population more healthy.
Speaker 14 (27:05):
Therefore they can work more.
Speaker 13 (27:06):
Yeah, so these things are good for productivity. But it's
that balance again. Yeah, you know, we're are a small country,
that's true.
Speaker 2 (27:15):
Yeah, Hey, thank you so much for your call, Dallas,
appreciate that.
Speaker 5 (27:19):
Oh, one hundred and eighteen eighty is the number to call.
Speaker 2 (27:21):
Hi, Gary, welcome to the show. Your thoughts are we
swimming in debt and drowning? Or are we pretty much
sweet airs as cross up conceis?
Speaker 15 (27:31):
I don't think we're sweet airs, not by our love shot.
Speaker 16 (27:36):
No.
Speaker 15 (27:37):
The problem I have with the borrowing I think it's
been like this for a wee while, is that we're
not borrowing to build infrastructure that makes the country money.
And I just want to sit back in nineteen eighty four,
when Muldoom was out of parliament, we were told the
country was in reck and ruined. Jude orders borrowing. He
borrowed to build infrastructure that was good for the country.
Speaker 9 (28:02):
Right.
Speaker 15 (28:02):
He built Mars and Point, he built They were building dams,
they built the Mottnoy plants, They did all the stuff
that created jobs and created wealth. In nineteen eighty four
when the government Roger Nomics came in, our debt to
GDP was twenty nine percent.
Speaker 5 (28:19):
Yeah, and yet that.
Speaker 15 (28:21):
Was some would argue healthy debt because if you take
the analogy of the guy that just spoke, you know,
that's healthy debt. That was building productive, constructive infrastructure. Now
we borrow money for dream products, for dream infrastructure. You know,
we're building roads. Okay, we need good roads, sure, But
(28:44):
how much money was wasted on Auckland with the rail
project or the bridge that neither of whichever happened. How
much money is getting wasted on cycle lanes and god,
I don't know all these pet projects that do absolutely
nothing for the productivity of this country. That's the issue
I have with the debt now is that it's very
(29:05):
unproductive debt.
Speaker 2 (29:07):
What do you think would be the most product active
way to to you know, if we're going to borrow
for something, because you look back at you know, I
think big and what Rob Muldone spent his money on
the Clyde Dam that seems to have turned out to
be pretty pretty good. T Y Point and aluminium smelter.
That was another one, Mars and Point oil refinery that's
that's been shut down now. But I look at New Zealand,
(29:28):
I go, I think energy is one of our biggest issues.
And if we're going to be productive in the future,
and you know, our productivity is terrible. If we don't
have a solid energy, you know, a source of cheap energy,
and a solid source of energy cheap energy, we're going
to be in trouble. So would you support going into
further debt to sort out something like that, you know,
(29:50):
the energy the grid?
Speaker 15 (29:53):
One hundred percent. I would support any debt that provides
wealth to the country. And sometimes you need to take
a bit of a gamble and go, Like you were
just saying, we used to be relatively energy in dependent
and of the rest.
Speaker 9 (30:08):
Of the world.
Speaker 15 (30:09):
We're now almost totally dependent on the rest of the world.
And so I don't know. I'm not an expert in
that field at all, So please, don't you know. I'm
just the jumb just the joe average. But if I
was to run my household that way, the bank would
have taken my home off me a long time.
Speaker 5 (30:25):
Yeah.
Speaker 3 (30:26):
But the more we have this conversation, the more I
think that this is about labor and spending like drunken
sailors during the COVID years. Is there may be a
fair argument, eager say, Gary, you for borrowing to spend
on essential infrastructure and assets that we're going to get
a return on, But their trust of labor at the
moment is so low because they were so irresponsible in
(30:49):
those years.
Speaker 15 (30:51):
Percent agree. I mean, I work in a sector that
was at the education and day through money at the
particular branch of the education that I work in day
through money away, I couldn't believe the numbers that were
coming through, and we have absolutely nothing to show for
it absolutely nothing. And that's the problem I have with it,
(31:13):
you know. I mean when in nineteen eighty four, I'm
just reading this, well now, nineteen eighty four our total
debt was nine billion. Now that's our interestory payments.
Speaker 2 (31:23):
Yeah, I mean for me, it's it's terrifying. Thank you
so much for you call Gary.
Speaker 5 (31:27):
I just can't.
Speaker 2 (31:28):
Really see how it's okay. And as you say, Tyler,
we don't know what's going to happen five years from now. Yeah,
if we don't start doing And one of the things
that New Zealand is very, very famous for is being
fiscally responsible when it comes to debt because we're in
a very different situation where other countries were susceptible in
ways that other countries are. So we have to be
(31:49):
putting away for a rainy day like other in ways
that other countries don't have to. Yeah, we're a tiny
little nation. We can't. We don't have a big internal economy.
We don't have we don't even known our banks hardly exactly.
Speaker 3 (32:04):
And look the number of crises, big crisis we've had
to face in the last thirteen years.
Speaker 5 (32:09):
The GFC, the Christy.
Speaker 3 (32:10):
Earthquake, COVID, there and as you say, history would say
there's another one not far around the corner. Can you
get your view on this though, Oh eight hundred eighteen
eighty is the number to call.
Speaker 5 (32:19):
It's sixteen to two.
Speaker 1 (32:21):
Matteath Tyler Adams taking your calls on Oh, eight hundred
and eighty ten eighty. It's Matt Heathen Tyler Adams afternoons
news talks.
Speaker 3 (32:29):
They'd be afternoon to you borrow versus paying down our debt.
That's the question we've put to you in the question
that the government is facing at the moment. Well, the
government has an answer. They say that it is critical
that we pay down our debt, whereas the opposition, the
Labor Party, Chris Hipkins in particular, thinks we have room
to borrow more to pay for the infrastructure that we need.
Speaker 5 (32:48):
Can to get your views, Oh eight hundred eighteen eighty.
Speaker 2 (32:50):
John says, drill, baby, drill, We need to borrow too.
But put Martson point back on the map that woman
closed post. That's to Cinda and setting up fossil fuel
production and New Plymouth. Our carbon emissions are a pimple
on the NATS as.
Speaker 5 (33:07):
I love that analogy.
Speaker 2 (33:08):
Grover terms it is on then that's on unnatsass yeah
any not a specific net.
Speaker 3 (33:14):
Yeah, not the political party and yeah yeah, yeah yeah,
I really messed up reading that.
Speaker 2 (33:20):
And look, I've got to say, you know, as we
go on in this conversation, you know, I've got hundreds
of papers in front of me. I'm trying to get
my head around the economic and fiscical update and reading
treasury things and looking around, I got to say, I'm
out of my debt.
Speaker 3 (33:34):
It's impressive looking at at your research there you two have,
I mean this whole table and it's a big table.
It's covered in bits of paper.
Speaker 2 (33:41):
Josh, Josh, your thoughts on our debt situation?
Speaker 17 (33:47):
Yeah, hey boys, Yeah, I'm not actually scared of in
I think the Ski mangering needs to actually stop.
Speaker 5 (33:54):
Yep, what just on there? Just just so we clarify
what's the scare mungering.
Speaker 18 (33:59):
The Ski mangering. Oh, we're in so much debt and
it's so terrible.
Speaker 17 (34:04):
I mean, it's the twenty twenty nine. Man, I've bring
an HPS longer than that.
Speaker 18 (34:09):
It's just that's just getting ridiculous because you know that
we were sold in them and we were told we're
in so much dead it's bring an awful blah blah blah.
The average person wouldn't know how to compare our GDP
to debt ratio to any other country, So it's easy
for people to say, oh, yeah, things are bad, we're
(34:30):
in a bad situation. We're not in a bad situation,
especially in terms of infrastructure. You know, like if we
were smart, we would be fueling the economy by stimulating
construction and infrastructure. I don't know what they're waiting for.
Speaker 2 (34:48):
Well, I think the interesting thing with that is do
you back the government to be able to spend the money,
well if they borrow it and then and invest in infrastructure,
because evidence isn't great of them getting increasing productivity with
their expenditure. In fact, everything is blown out horrifically.
Speaker 18 (35:05):
Yeah, it's a difficult one.
Speaker 17 (35:07):
I mean, hey, look, the alternative is to take the PPP,
like you're saying before, and I don't know, I mean
estimate that's going to be twenty five percent more expensive side,
I don't know.
Speaker 2 (35:22):
When you get those numbers, Josh, do you get where
do you get your twenty five percent more expensive for
the PPP? I mean, the PPP is essentially a higher
purchase agreement, but The idea would be that the you
know that the investors that come in are going to
drill in because it's hugely important for them to make
a profit because it's actually their money, and they'll go
at a business, whereas when governments do it, they seem
(35:43):
to be able to just go back and go back,
and then they're out out of government and then they disappear.
Speaker 17 (35:49):
Yeah, Maddie, what we need is how do we look
at what we've done in the past and actually see
the mass of how it really did work out, Because
you know, there's.
Speaker 18 (35:58):
A lot of.
Speaker 17 (36:00):
Yeah, Mischow's been banted about about how much things actually
cost them when they come through, They costing three times,
all that kind of carry on. So, you know, but we've.
Speaker 18 (36:12):
Got to think about stuff like we.
Speaker 17 (36:15):
As taxpayers are supplementing accommodation supplements for people's rent at
two billion dollars a year. Meanwhile, home ownership is going
backwards and wages seem to be in a decline.
Speaker 18 (36:29):
So when they're.
Speaker 17 (36:29):
Talking about spending one hundred and forty million on school attendance,
you've got to think, well, sis, man, if that kid
doesn't have a permanent living situation, And as parents don't
have permanent work, then how on earth are they supposed
to get out of the household debt.
Speaker 5 (36:49):
Well, thank you so much for you cool josh.
Speaker 2 (36:50):
I guess you'd say that spending that money on attendance
is that we believe in educated society will be a
more productive society and people that go through school are
less likely to be a burden on the taxpayer later
on in life.
Speaker 9 (37:05):
Exact.
Speaker 2 (37:05):
So you would argue that that in a way is
on little infrastructure investment and a productivity investment.
Speaker 5 (37:12):
And the government would.
Speaker 3 (37:13):
Argue that although things that they are investing in and
spending money on, they would argue is to get us
back into a position where people do have well paying jobs,
where we are a productive economy, where it is good
for all of us. That is their argument, and I
think we can all get behind there.
Speaker 2 (37:28):
And before ever makes that a sort of too much
of a labor national thing that seems to be coming
through here. National is still borrowing in insane amount of money. Yeah,
they are still borrowing insane amount of money. Hipkins is
just saying that they should borrow more. But it's not
like National have massively tightened the bout strap. We are
still borrowing in crazy amount of money.
Speaker 5 (37:48):
Yeah, very true. Oh eight hundred eighty ten eighty is
the number to call. It is eight to two.
Speaker 1 (37:53):
Matt Heath, Taylor Adams taking your calls on eight hundred
and eighty ten eighty. It's Mad Heath and Taylor Adams
afternoons news DOGSB.
Speaker 3 (38:02):
News DOGSB. We're going to carry this on after two o'clock.
Having a great discussion about taking on more debt, as
Chris Hipkins says we can do. He reckons there is
room to take on more debt to pay for infrastructure
or to cut that debt down, as Nikola Willis.
Speaker 5 (38:16):
Thinks is critical for us to do.
Speaker 2 (38:18):
That's right. Eight hundred and eighty ten eighty. Are we
swimming in debt and need to do something about it?
Or is this just scare mugnery As Chris Hipkins is saying,
the stick says, guys, carry this topic on next hour,
not how often you wash your pants or shirts. I
think that's a good idea.
Speaker 5 (38:33):
Yeah, yeah, we've taken that on board and we'll accept
it at the stage. So thank you very much.
Speaker 2 (38:37):
So eight hundred and eighty ten eighty. We'll try and
get to your calls after the news for people not
worried about the debt then just put their share of
the ninety three k per household onto their mortgages. Day.
Speaker 3 (38:47):
Yeah, very good points. And this one from another Dave.
Speaker 2 (38:52):
National has to borrow more than labor. They had a
bonfire with their one hundred billion dollars of debt. A
lot of Daves texting in on the government debt.
Speaker 3 (39:01):
Yeah, And just quickly before we get to the news,
when Josh said a bit of scaremongering are going about,
I just can't agree with that. After being down in
christ Church not long after the GFC in two thousand
and eight and then the christ Church earthquake kit in
twenty ten that we were that was a very serious
situation for the government and it was lucky with Bill
English and John Keith the government, they managed to be
(39:21):
very fiscally responsible to get us through that. But that
is what we're talking well, that is what I'm talking
about here, those crises that could be around the corner.
We just don't know that we've got to be prepared for.
Or do you think I am being a little bit.
Speaker 5 (39:34):
Chicken little here. I'd love to hear from you on
I E. One hundred and eighty ten eighty.
Speaker 2 (39:38):
The country is on its knees and Nikola is still borrowing.
Speaker 9 (39:41):
There we go.
Speaker 3 (39:42):
This is this Texter new Sport and weather on its way.
It is really great to have your company. We will
see you on the other side. You're listening to Matt
and Tyler. Very good afternoon to.
Speaker 4 (39:51):
You talking with you all afternoon.
Speaker 1 (40:00):
It's Matt Heath and Taylor Adams Afternoons News Talks.
Speaker 5 (40:04):
It'd be very good afternoon to you. Welcome back into
the show.
Speaker 3 (40:07):
I've been having a g great discussion about the level
of debt we have in this country.
Speaker 5 (40:12):
This is crownd debt of.
Speaker 2 (40:13):
Course, yeah, and there's two wide apart schools have thought
on this. You've got Chris Hoipkins who thinks that our
levels of debt are sweet ass.
Speaker 6 (40:20):
You wouldn't sell your house because you've got a mortgage
that you can easily pay, So why would you sell
your public assets and slash government spending when there isn't
a crisis.
Speaker 2 (40:32):
So he says, there's no debt crisis in New Zealand,
so we shouldn't slash government spending. Whereas Nikola Willis said
this the other day.
Speaker 7 (40:42):
New Zealand's Net core crown debt, which once hovered between
five and twenty five percent of GDP, rose to about
forty two percent last year. That's the highest level of
government debt New Zealand has shouldered since the mid nineties.
Servicing that debt is expensive. The interest bill on government
(41:03):
debt has sought from three point six billion and twenty
fourteen to eight went nine billion last year. That's an
awful lot of money. It's more than annual core crown
expenses for the police corrections, the Ministry of Justice, Customs
and the Defense Force combined. And so our government's goal
(41:26):
is to put net core crown debt on a downward
trajectory towards forty percent of GDP, and in the longer term,
to keep it below that percentage. Why because allowing debt
to keep spiraling would threaten the livelihood of every New Zealander.
We need the world to keep seeing New Zealand as
(41:47):
a good country to invest.
Speaker 4 (41:48):
In and lend to.
Speaker 2 (41:50):
Well, the big question there is why would she present
that speech in front of someone? Vacuum them.
Speaker 5 (41:56):
Got to keep that got to keep the whole of
Parliament clean.
Speaker 2 (41:59):
It's you know, it's like when my mum used to
back complain and I was trying to watch TV. Yeah,
and I could barely bother lifting my feed up. WI
your vacuum cleaned on me.
Speaker 5 (42:08):
Anyway, that's seven o'clock in the morning after a big night.
Speaker 2 (42:11):
That's a by the by. So, you know, looking at
the half year economic and Fiscal update from twenty twenty
four tenth of December, so one hundred and seventy five
point five billion dollars government debt, one hundred and ninety
two point eight forecast and twenty twenty five, and that
goes all the way up to two hundred and thirty
(42:32):
four point one billion dollars by twenty twenty nine, and
twenty twenty nine is coming rapidly. And that doesn't include
the half trillion dollars of a personal debt that we
have in our country, which is quite different from other nations.
How our debt debt runs because we all have crazy
(42:53):
mortgages and that money comes from overseas banks primarily. Yeah,
So I don't know. I find the whole thing pretty
pretty terrifying. I find the fact that we're paying eight
point nine billion dollars a year just in interest repayments
before we even hit the principle to be a bit
of an issue. As you know, Nicholas said, police corrections,
the mystery of justice and the defense force combined is
(43:17):
less than our repayments on interest alone. But you know
a lot of people in the text machine are actually
saying that that's all fuzzy maths and Hipkins is right,
and we can splash it around.
Speaker 5 (43:31):
Yeah, borrow up, baby O.
Speaker 3 (43:32):
Eight hundred and eighty ten eighty is the number to
call Ken to get your thoughts on this mark.
Speaker 19 (43:37):
Where do you say, Yeah, we could probably do with
quite a You could probably do quite a few things
with an extra nine billion dollars a year in spending. Look,
I agree with Nichola Willis on the fact that we
need to get it under control. But I mean you've
also got to look at the fact that they've decided
to increase defense spending by an extra three or four
billion dollars every year for the next three or four
(44:00):
years national So they're going to be borrowing there just
to get some new planes and some missiles to defend
us against our biggest trading partner. It's just ridiculous. I mean,
they're just spending stuff that we haven't got on different
stuff to labor.
Speaker 2 (44:14):
To be honest, Well, the military does other things and
just defense, doesn't it. Of course, a lot of that
spending is around the country being prone with natural disasters,
being this little country who are sitting in the middle
of the Pacific. So there is more to it than that.
But do you do you not think that there is?
Do you think that where we're sitting now with our
defense that that's okay, You're happy with that, You're you're
(44:36):
happy with where our armed forces.
Speaker 19 (44:39):
Well, they're basically going to take government spending from one
and every thirty dollars to one in every fifteen, which
I think is quite a large amount of money to
spend on a handful of people. I mean, and we're
not going to defend ourselves against China. It doesn't matter
whether we spend one or two percent of our GDP.
It's not going to make It might change the time
(45:02):
the war happens from five minutes to ten minutes. Apart
from that, you know, whether we have another frigate, it's
not really going to make a difference, is it.
Speaker 2 (45:13):
Well again, I mean, the argument, the argument that the
government puts though, is that we are doing our bit
within our alliances and so, and we actually really have one,
don't we end us? But like we are being a contributor,
and then if we contribute enough, then our big friends
will come to our rescue. And then attacking us means
(45:36):
that you are attacking more than just us, because we're
part of a bigger thing that we're contributing to.
Speaker 19 (45:42):
They haven't framed it like that. They've framed it is
basically it's some sort of investment or something. And he
was trying to make out that we're sort of it's
an investment or productivity, but it's just a waste of
money down the tube. I mean, if you were going
to spend it in productivity gains or something that was
going to make some money, I could understand it. But
when you're in and when people have got a cost
(46:03):
of living crisis, it's like me being in a cost
of living crisis and going out and buying some new
gold chains or something. They're not really going to do
a lot of that time, but're just going to add
to the add to the bill at the end of
the day. And and and it's not and to be honest,
it's not just national that are saying that defense spending
is Okay, it's also the other side. I think Chris
(46:24):
Sipkins agreed with it. You know, I can't understand from
a from a personal I guess they are my personal values.
I just don't. I just said it as a complete
waste of money.
Speaker 2 (46:34):
Oh thank you for you.
Speaker 5 (46:36):
Yeah, thank you.
Speaker 3 (46:37):
I've had that argument for But I've got to say,
from a from my own personal viewpoint, I can see
why that investment is critical, as you say it is.
It is solely about those strategic partnerships internationally that the
world is in a precarious place, and without that investment
in our military, that puts our relationships with partners who
we have relied upon for many, many decades potentially at risk.
Speaker 5 (47:01):
So that is a big part of it.
Speaker 2 (47:03):
And hopefully some of that money goes to you know,
I mean some of that money does go back into
to the New Zealand economy. Ibviously, the defense force operating
in New Zealand. With more money, more money will be
spent with the New Zealand. You've also got CISO space
as well. Yeah, down in Totonger. You know, hopefully they
buy a lot of drones off those good news that
those great New Zealanders down there, But yeah, I mean
(47:24):
it does come to you know when you go. So look,
if you agree that we need to cut back on spending,
you know Cross Hopkins doesn't he thinks that we should
borrow more and spend more. But if you agree that
we should cut back, then what are you cut back on? Yeah,
because you know if your mark, you say we should
cut back on defense.
Speaker 9 (47:43):
Yeah.
Speaker 3 (47:43):
Oh, eight hundred and eighty teen eighty love to hear
your thoughts on that one. It is fourteen past two
and if you want to text you more than welcome.
Nine to ninety two is the text number. We'll get
to some of those texts very shortly. You're listening to
Matt and Tilt.
Speaker 20 (47:57):
Very good afternoon to you, your home of afternoon Talk,
Mad Heathen Taylor Adams Afternoons call eight hundred eighty ten
eighty News Talk said, be.
Speaker 3 (48:08):
Very good afternoon to you, and we're talking about our
debt as a country, the government debt Nichola Willis's firm
that we need to reduce that debt over the next
four years ahead of the budget that will be announced
next week. But Chris Hipkins thinks we've got plenty of
room to take on more debt for infrastructure we need
in this country.
Speaker 5 (48:26):
Where do you sit where?
Speaker 2 (48:29):
It's finally a text that I can agree with. The
six says, if zb was Gotham City, Tyler would be
Robin and Matt would be the penguin.
Speaker 5 (48:35):
I do look good in tights.
Speaker 2 (48:38):
I would be Bruce Wayne.
Speaker 5 (48:39):
Yeah, you'd be Batman.
Speaker 2 (48:41):
I'll be Bruce Wayne, not Batman. I don't know hanging out.
I don't get to choose toa that's just what someone's
accusing me of.
Speaker 5 (48:45):
You look good as a penguin. Yeah, oh, one hundred
eighty ten eighty is the number to call guys.
Speaker 2 (48:51):
Crown debt. The interest being paid is dead money. We
get nothing that contributes to our country's wealth by paying interest.
Just because Labour says we can on current figures afford
to borrow more certainly doesn't mean we should. If we
go through another financial crisis, we would be seriously in
the crap. Labor has a traditional borrowing and spending. Never
do they say and pay back debt. We as a
country and has a population live way beyond our means.
(49:12):
Paying interest is literally dead money. That's from Roger. You've
got to say, though.
Speaker 9 (49:17):
You know.
Speaker 2 (49:19):
There's been successive governments that have been borrowing money. Yeah,
but you know, I guess after the global financial crisis
some money was borrowed to try and get us going again,
and then got the earthquake coming in and then we
had COVID. So I mean, the problem that you keep
pointing out, Tyler at nauseum, at nauseum, I'm worried about
(49:40):
it is that we have to have some room for
when the disasters hit, and they seem to come about
every ten years exactly. And we're five years from covide,
so we better start saving for the next one.
Speaker 5 (49:52):
We've got another five years, givel take.
Speaker 2 (49:53):
But Graham, do you agree.
Speaker 14 (49:57):
Well, yeah, Chris, Chris makes a classic bait and switch argument.
So what he fails to distinguish between his good debt
and bad debt. So he's using the sample of a
house and paying off the mortgage and not paying mortgage off.
But the trouble is that what labour typically do when
they're in government to spend the money on an overseas
holiday and a new car, not a productive asset like
(50:20):
a house. And that's the difference. But you know, also
when people talk about tax they typically say, well, we
need to tax and spend more because we need more
money for education than health and the police and all
that sort of stuff and assets and things. And I
get that, but there's the second reason why people collect tax,
and that's to redistribute wealth. And typically what labor does
(50:43):
when they're in power is the second option rather than
the first. So for example, you know, they gave away
helicopter payments to dead people when they're in power, despite
Treasury telling them not to do that as a cost
of living payment. We spent three hundred and fifty million
dollars on a failed merger between Radio and New Zealand
and TV and Z. There was fifty million bucks on
a cycle bridge that never got built, et cetera, et cetera,
(51:03):
et cetera. Chris's mate, Grant Robertson got into bed with
some Adrian norm decided that we hadn't printed enough cash.
So the Reserve Bank waded into the bond market, the
government bond market, not predicting that interest rates would rise,
and we copped an eleven billion dollar loss on those bonds,
which the government is now carrying on its books and
costs US about two hundred and fifty million dollars a month.
(51:24):
You know, how many hospitals could you build and dined?
And for that, how many nurse pay rises for nurses
could you give? You know, the other example, or the
other excuse they use is oh, well, you know you
look at the percentage of debt to GDP and countries overseas.
But going back to Chris's house. Example, you're living next
door to Steven Adams and he decides to build a
(51:45):
swimming pool in his backyard. So he's playing basketball and
earning million, hundreds of million dollars a year, but you're
stacking shelves at countdown. So you decide to put a
pool on the mortgage as well. But you can't pay
the debt back. And that's the issue, right, you have
to have the ability to repay the debt as much
as take it. On the other point, and the final
(52:05):
point I would make is who's the debt back?
Speaker 19 (52:09):
Right?
Speaker 14 (52:10):
It ain't me, and it ain't you, and it ain't
our kids. In fact, it's not even our kids.
Speaker 11 (52:15):
It's our kids kids.
Speaker 14 (52:17):
This debt will be on New Zealand's books long after
we've left the earth, and long after our children have
left the earth, and we are leaving it to our grandchildren.
We are bankrupting future generations of New Zealanders and saddling
them with it. I have no problem with debt, but
not when we just thresher it away on policies that
are only designed to keep the government power. Like Thomas
(52:38):
Seele once said, politicians have two jobs. Want is to
get elected and the second is to stay elected. And
typically all I see from labor are policies designed to
increase dependence on their government and then they can continue
to be voted in. You know, it's all very well
to throw rocks when you're in opposition about hey, you
(52:59):
should spend money on assets, but they canceled roading projects
left right and center when they're in government. So how
can he possibly stand there with a straight space and
talk about, you know, oh we should have more debt
for assets. You know, I just when his track record
and his government's track record is absolutely abysmal on spending.
Speaker 2 (53:18):
So if you say, you know, it's not a great
idea to borrow money to get the pool when you
can't afford it, but say you are borrowing money to
build something that increases productivity and you know, grows the
overall wealth of our country. What other kind of things
do you think New Zealand should borrow money for and
should spend its money on.
Speaker 14 (53:37):
Well, I know it's politically a political touch point, but
the government is talking about a second or a third
medical school in Hamilton or in Wykattow. You know, politics
of it aside. You know we're facing a doctor shortage.
Absolutely put money into that. I mean, we're going to
build need to build a second harbor crossing at some
stage because the bridge is creaking and you know, trying
(54:01):
to move across it is becoming more and more problematic.
And even if it is a you know, a private
public partnership, so be it. More schools are always good.
There's talk of an additional hospital down in south Down
in South Auckland. You know that these these sort of
things provide.
Speaker 2 (54:22):
Do you think would you prefer borrowing money or you know,
like in the in the way that we're doing now,
or would you prefer these private public partnerships? And if so, why.
Speaker 12 (54:36):
So?
Speaker 14 (54:37):
Probably public private partnerships. Partly because the level of debt
in order for us or it's getting to a level
where it's going to be difficult for us to pay
pay it back. And also if we suffer a credit
downgrade from you know, one of the credit rating agencies,
that's going to have a significant impact on interest rates,
and then we're really going to be in trouble.
Speaker 19 (54:58):
So you can't you can't.
Speaker 14 (54:59):
Keep loading up the public purse and expect to maintain
the same level of international standing from Moody's and STAF
and IT and Pause and all those sorts of guys.
So you have to offload some of the costs somehow.
But certainly, you know, the only way you're going to
get out of the debt crisis is to increase productivity.
(55:19):
And you know that has another fantastic one liner from
Hipkins and his mates. They always talk about increasing productivity.
The only one of the key ways you do that
is to inject capital into your business. And what are
they proposing or thinking about proposing, oh shad, a capital
gains tax. So on one hand they're talking about productivity
is the way out of New Zealand's economic slump. The
(55:40):
other hand, they're taxing the only thing that can actually
improve productivity, which is injecting capital into a business to
improve productivity, you know, the latest technology and stuff like that.
I mean, just you know, they just talk out the
side of their mouths.
Speaker 3 (55:55):
Basically, yeah, well, thank you so much for your col
Graham made some very good points, and you get a
lot of support via techs. I mean, the one he
made several points there, but the one I absolutely agree
with was who pays back that debt. It's very easy
for someone like Chris Hipkins to say now is the
time to borrow more, But it is not him that's
going to be paying that debt back. Is going to
be successive generations, and I'm just sick of generations down
(56:17):
the track having to sort out that sort of debt
that has just done fear and that is not a
sustainable way to run a country in the long term.
Speaker 5 (56:24):
But keen on your thoughts. So one hundred and eighty
ten eighty is the number to call.
Speaker 2 (56:27):
It's twenty five past.
Speaker 1 (56:28):
Two, Matt Heathen, Tyler Adams afternoons call oh, eight hundred
eighty ten eighty on News Talk zby.
Speaker 2 (56:38):
Twenty seven past two, I tell you our last caller,
Graham's pretty popular. He's the most popular caller we've had
since Tom a few weeks back. Graham absolutely nailed the
previous point here here, Graham, he was spot on with everything.
That's from Meredith Graham for Prime minister whoever This Graham
blokes have him back on more often. He's very eloquent.
Graham is a legend. This guy is onto it. Yeah Graham, Graham, Graham, Graham.
(57:01):
There's a lot of world done.
Speaker 5 (57:02):
Graham.
Speaker 2 (57:02):
Graham could launch launch a a campaign for Global Overlord
on the back of.
Speaker 5 (57:09):
These Yeah boy, a lot of support.
Speaker 2 (57:11):
People love Graham. Nicola is borrowing because I was saying
before that it's not like the national government isn't borrowing
as well. Nicola is borrowing to maintain spinning programs. She
can't fully stop. She may be borrowing x, but Hipkins
would be borrowing ten times x. That's from a glen Hi. Guys,
I'm noticing that the left are calling reality scaremongering now,
(57:33):
and this guy is saying not to be scared of
a bit of debt as a little bit in incoherent
thoughtless twit.
Speaker 5 (57:38):
Oh well, okay, thank you. I think we got Andrew
on the line.
Speaker 2 (57:44):
You get Andrew, get a Andrew, you say, spin, spin, spin, Andrew, Andrew, Andy,
We've lost Andrew.
Speaker 5 (57:55):
What a blow?
Speaker 21 (57:56):
I think you really mischarged.
Speaker 2 (57:59):
Sorry, and you start what you were saying again you
were we didn't get you for a second there, so
you started talking.
Speaker 21 (58:04):
I think as how she really mistaged the subject. And
I think the callers of showing you there and that
the majority of calls you've have has said it's okay
to borrow as long as it's going into infrastructure, and
you didn't really give that as an upfront topic at
the start. And I think if you look at christ
Church and they look at the stadium as an example,
you see what happens if you don't invest in your
infrastructure and you delay it, and your delay it and
(58:24):
your consultation after consultation hang.
Speaker 2 (58:28):
Just to stop you there, Andrew, I mean we've been
saying that over and over again, that if you're dressed
in infrastructure, there's a productive way to spend your money.
I mean, we couldn't have said that more often.
Speaker 3 (58:37):
The exact words out of Man's mouth was debt can
be really good.
Speaker 9 (58:41):
Yeah.
Speaker 21 (58:41):
But I think if you're going into that next direction
and you say we're going to borrow, but this is
specific project that's going into I mean, I know Sir
Robert Muldren was ridical for his when he'd done his investments,
but look where it would be with power in this
country if it wasn't for him. Now.
Speaker 3 (58:55):
Yeah, but again Andrew, and I did say, this is
a more of a question about trust, right is I
think we've said over the last ninety minutes that debt
can be good if it goes into critical infrastructure or
assets that you're going to get a return from. Is
Labor really the party to be trusted considering what they
did after COVID spending like drunken sailors.
Speaker 5 (59:13):
That was the primary question, And that's what.
Speaker 21 (59:16):
I'm saying when it comes to this NIXE dilection, We're
going to have to be looking careful at what if
they are going to borrow what they say they want
to borrow that money against because what I'm seeing with
National is that we're cutting back beds inder need and
we're not putting in a Nelson hospital that's only going
to cost us more in the future. So effectively, you're
borrowing in a way because you're actually the laying projects.
It means you have to spend more to actually get
(59:37):
those down the road.
Speaker 2 (59:38):
Anyway, Yeah, I mean, what did you think about Labour's
investment into mental health? The one point nine billion dollars.
How do you think that that paid off? Have you
seen that go anywhere?
Speaker 21 (59:49):
No, I don't think we have. And what I want
to see is I want to see more investment because
I live in a city where we've seen the infrastructure
has been not invested, and then we have the longest
peak hour traffic in the country. What Citi is that,
Andrew christ Church, we're more interested in speed bumps and
rather than moving our traffic for productivity.
Speaker 5 (01:00:08):
Yeah, yeah, yeah, it is fair enough.
Speaker 3 (01:00:10):
I mean, look on the stadium question, that is a
complicated one for christ Gtch. There was a massive balls
up that that just wasn't signed off, end up costing
twice as much as it should have, no doubt about that.
But that was a complicated case, a deal between the
council and the government. But I get his point that
if it has spent wisely, and we have been saying
that all along, spent wisely on critical infrastructure and assets
that return an investment.
Speaker 2 (01:00:29):
It's funny because Andrew rang up and said, you weren't
talking about the thing you should been talking about. At
the same time, I thought, boy, we've been repeating that
exact same point over and over again.
Speaker 3 (01:00:36):
Yeah, you called me out on it. I said, I
need to stop talking about that. I've said it so much. Andrew,
thank you very much for your fatal.
Speaker 2 (01:00:41):
But I guess the problem is when you look at
things like the City rail Link, you're like, Okay, that's
great infrastructure. Sure, sure, arguably whatever you argue back and forth.
But maybe that would increase productivity, who knows. But it's
not great when you budget it at one point eight
billion and it comes in at five billion. Yeah, you know,
and so you know, if you're borrowing money for infrastructure
and then it blows out to the point where it
(01:01:02):
isn't actually helping for productivity once you factor in all
the debt repayment you have to do on it, and
that's it. That's a problem.
Speaker 9 (01:01:10):
Yeah.
Speaker 2 (01:01:10):
Yeah, So, I mean it's like, if you can borrow
money for good infrastructure projects that are going to grow
the wealth of the country and increase productivity, and then
you deliver them on budget.
Speaker 5 (01:01:20):
Yep, wicked, happy days. But that's what we want.
Speaker 2 (01:01:23):
But we haven't been seen a lot of that exactly.
Speaker 5 (01:01:25):
Spot on.
Speaker 3 (01:01:25):
Hey, great discussion. Thank you very much to everyone who
phoned up and text on that one. We've got the
headlines coming up. Then we're going to have a check
to Haymish mcquaye who lost an incredible fifty kilos. We'll
tell you how we did that and open up the
phone calls to you as well. It is twenty eight
to three.
Speaker 4 (01:01:43):
US talks.
Speaker 12 (01:01:44):
It'd be headlines with blue bubble taxes. It's no trouble
with a blue bubble. The Green say early childhood education
should be about farno, not profit. The party's alternative budget
includes using money from wealth and companies taxes for social services,
including free GPS, dentistry and preschool care. Ratepayers are urging
(01:02:07):
totong A City count to curb spending and not hike rates.
The twelve percent proposed in its annual plan on top
of thirteen percent last year. Back and Save has scored
best for a second month in international supermarket price comparisons
against war Woods and Australian retailers. Duned In Council says
(01:02:27):
the Heritage gas Works Museum Chimney is at risk of
collapse as they work to save as much of it
as possible. Ridiculous by the Firearms Minister compared guns to
ovens and toasters. Read more at ends at Herald Premium
back to matt Ethan Tyler Adams.
Speaker 3 (01:02:45):
Thank you very much, Ray lan Wright. This is going
to be an interesting discussion. Hamish Mackay is an aim
you'd know very well, sports caster and now real estate agent.
He shared a post on LinkedIn that has been picked
up by news papers around the world funnily enough, and
it was very honest and I'll paraphrase some of it here.
He wrote, thanks to life saving beriatric surgery, he went
(01:03:08):
from one hundred and thirty five kilograms to eighty two kilograms.
And we've got Hamish on the line to have a chat. Hamish,
get a mates, how are.
Speaker 11 (01:03:16):
You, gentlemen, I'm very well. Thank you fighting fit ah.
Speaker 2 (01:03:21):
Yeah, well you must be surprised how much this LinkedIn
post of yours has blown up globally.
Speaker 22 (01:03:27):
Yeah.
Speaker 11 (01:03:27):
Well, it's interesting because everywhere I've been nobody recognizes me.
One of my favorite meets is go out to the
yielding sales of Karaka in January, and not a soul
of about thirty people who I said hello to had
any idea who I was. I had to reintroduce myself
and that was sort of a catalyst. So a couple
of people are starting to go, well, what's going on there?
I had a few people who genuinely who saw me
(01:03:48):
and didn't want to approach me because they felt bad
that I must have had some sort of life threatening
disease or nothing that happened, so they didn't approach me.
And you know, so in the end, I need to
put this out there because as I got better and
better and healthier and healthier, I realized that. And people
have come to me, probably a dozen people. Would you
(01:04:08):
talk to my brother, when you talk to my brother
and all my sibling, you know, and say, you know,
do this if you can get the opportunity. So that
kind of prompted me to go, well, I'll go to
a slightly wider audience. But you can't do this without
putting up the good with the bad and the ugly.
And I had to put up a couple of uglies,
which was a catalyst for me saying, you know, you
(01:04:29):
got to do something about this.
Speaker 23 (01:04:31):
Well.
Speaker 2 (01:04:32):
I never really thought of you, I mean watched you
for a very long time. I never really thought of
you as a large, larger gentleman. You seem to hold
it pretty well. What do you think caused your your
your weight.
Speaker 11 (01:04:42):
Gain yeah, I was most of my time in the
years of TEA three, I was probably about one hundred
and ten kilos. So I can hide it under a
nice suit and the right sort of light thing, and
I had a big enough frame to get away with it.
But I still had one hundred and ten kilos. I mean,
I mean some people would call it fat shaving or whatever,
but amongst the sports team, it was always, oh, my guys,
(01:05:04):
got that's where the missing pillow is, you know, mat
Clint Brown and but it was all bit fun. But
but what wasn't good fun was even of one hundred
and ten kilos, which is twenty five kilos lighter than
my peak, My blood sugars, blood pressure and everything else
was cholester was horrendous. So you know, there was the
(01:05:25):
signs were there even though I could, even though I
could hide it, you know where they you know, bluck
my way put it that way.
Speaker 2 (01:05:31):
Well, what did you try first before you went to surgery?
I mentioned, you know, you know, if you're concerned about it,
you to probably tried a whole lot of different things.
Speaker 11 (01:05:39):
Yeah, I tried different diets, and I mean I did twice.
In my late forties, I got pretty fit in Roads
the retro cycle to a Wellington Auckland. I mean that's
one hundred and twenty k a day. Wow, you know,
following the foot seeds of the old Deluxe tour. And
I did that twice, but I hardly dropped a kilo. Yeah,
and you know, and I said to myself, you know, gods,
(01:05:59):
you're putting your you know, you're riding four or five
hours every day, seven days in a row, and you train,
you know what? My and one day it took a while,
and the initial discussions with a surgeon and a surgical
team was that you've got a brother who's genetically one
hundred percent the same as you, but he is as
(01:06:20):
skinny as a rake and can never put on weight,
never will, and why you and you will? So you
have to accept that it's probably okay to except.
Speaker 17 (01:06:28):
That you are.
Speaker 11 (01:06:30):
You know, you know, on the fat side, and a
reason for this. But today we can do something about it,
and we can do it pretty damn safely, and we
do it really well. And I had an opportunity that
came about from from a sort of a secondary thing
that I was dealing with in the public health system,
and the basically that one of the doctors said, how
(01:06:51):
long you've been this fat? You know, he didn't quite
say it as brutally as that, but that was a
comedy a comment. He said, because these things here, so
it is to me you will you'll be dead pretty
soon these readings. And that's when I went, Okay, I'm
happy to go into this program and let's see it progresses,
see how we go.
Speaker 9 (01:07:07):
Yeah, you reckon.
Speaker 3 (01:07:07):
There is bit of a taboo around that, the bariatric surgery, Hamous.
I mean, there'll be countless of people listening right now
that it did everything you did.
Speaker 5 (01:07:16):
You're a fit guy, I take it.
Speaker 3 (01:07:18):
You know, you tried the diet route and just whatever
you tried, you can't shift that weight.
Speaker 5 (01:07:22):
There'll be thousands.
Speaker 3 (01:07:24):
Listening in that situation right now, but that that pathway
to surgery. They might be freaking out a little bit,
thinking that's extreme, but you're saying for you and for
countless others, it can be life saving.
Speaker 11 (01:07:36):
Yeah, I believe so. I mean, and you know there
are people who can go, oh, you know, you fatties
need to do something about it. Well.
Speaker 18 (01:07:44):
I had to.
Speaker 11 (01:07:45):
Lose twenty kilos before the operation, right, so there was
a pretty big you know, i'd got into good shape again.
My wife and I went, why are you doing this? Well,
the reason you are this because you'll put it back on.
And that was. That was But that was on a
diet where suddenly tomatoes started to taste like mandarins and
yoga like the richest ice cream you could. So it was, yeah,
you know, those things are there. They do work. But
(01:08:07):
I went exponentially at this weight my two dodgy needs,
which funnily enough, I don't have anymore because I can
jog again and not only shuffle like a fifty nine
year old, I can actually run, you know. And so
I was looking at needs replacement hip replacements. So I
believe that yes, some of the some of my tax
take over the years has got I had got back
(01:08:30):
in this particular procedure. But I'm saying a lot exponentially
because I would have just been one of those topcases.
Fixed that and probably the fact that I'm pretty lucky that,
you know, the bike rides as a disthmatica of my
LANs were okay, I want to hang around. Sucked every
last dollar out of the health system. Now, going from
seven different tools to taking nothing, I think that that's
(01:08:52):
pretty you know, a pretty good case for to encourage
people that those are going to afford to do it,
go and do it tomorrow though, you know, those who
need to get into the system, please try and do it.
And you know, and I've been overwhelmed by the sort
of the reaction to the to this article, you know,
the article we've had, because it's just like I've already
probably got ten private messages, more on social media and
(01:09:17):
more people just coming on the phone and saying, hey,
can you tell.
Speaker 19 (01:09:20):
Us about it?
Speaker 11 (01:09:22):
And if you put yourself out there like that, then
you have to be prepared to respond to those people
as well.
Speaker 24 (01:09:29):
No I have.
Speaker 11 (01:09:29):
I'm trying, one by one. I'm getting back. You know,
here's my story.
Speaker 2 (01:09:34):
We're talking to broadcasting legion Homus mackay about here's decision
to get surgery that ended up with them dropping from
one hundred and thirty five kgs down to a spout
eighty five. What was the what was the actual surgery process?
Speaker 11 (01:09:49):
Like, yeah, so it's I mean it's not a it's
look you go the process. I'm trying to think, what
was it three or four hours? And I know there's
a whole raft of these various stomach stapling, stomach removal
you can have done now, so there's no one size
(01:10:11):
fit door. Mine was that it was I think rex y,
which is I suffered a lot from refluxing things. So
they that you can never get that again because of
the way they what they take out and what they
recreated there. I had a little bit of problem afterwards,
was I heal so well, that's my the issry to
my stomach killed over. And when you get into that
(01:10:33):
weight loss, when you've been big and you and you
enjoy being losing weight, you probably go a little too far.
I went down to about seventy five. I was a
bag of bones. But and now now I just you know,
eat it all day. We're not, you know, within reason
and well and I can't put anything on over.
Speaker 17 (01:10:54):
About eighty two eighty three kgs.
Speaker 11 (01:10:56):
So and the minute you start.
Speaker 19 (01:10:57):
Exercise, of course you burn it off.
Speaker 11 (01:10:59):
But yeah, it's you know, it's the procedure itself.
Speaker 18 (01:11:06):
Recovery is a little little.
Speaker 11 (01:11:09):
You've just got to be gentle with your something. You
can't do much for the first month or so, and
you have slowly you're on sort of pure ad puread food.
But remarkably you lose weight pretty damn quickly. And but
like I say, the public system obviously has got a
very struck rule. If you lose the bait, sorry, no
can do. And there are plenty of cases of where
(01:11:31):
they've gone in to do it, and so no, no,
you haven't done what we needed to do. Because your
liver is the one thing that will tell you whether
you've done what's been asked. You're not so much the
actual weight loss. It's the reduction of all the bad stuff.
And if they look at your living go, no information.
Speaker 18 (01:11:48):
Bang, we'll get on with this.
Speaker 24 (01:11:50):
It was, it was pretty stracted.
Speaker 11 (01:11:51):
There's no mucking around. There's been some incredible like I
would say, kind of like I described the period from
when somebody came in and wrapped the gaps out of
TV three ten years ago, sort of a comfortably black
hole where you know, I've been selling relocate and done
and they had a you know, I had a pretty
successful radio show with Richard Lowe that went by the
(01:12:14):
way to the overall sort of station going by the way.
But you know, nothing hasn't been hasn't been bad. None
of it's been bloody, chemotherapy or anything like actual problems
that people are actually facing, you know, just just sort
of coasting a long period. Well, now out the back
end of that, my awareness of what's important and what's
(01:12:37):
great and good in my life has risen dramatically. My
awareness of what I need to address in terms of
whether that's relationships past, you know, things that have gone wrong,
it's also massively increased. It's a bit of a double
edged sword. But how I wouldn't swap with the way
I feel to take a bed to a year for anything.
Speaker 2 (01:12:56):
Yeah, well, good on you. So, I mean, must feel
so different to be eighty five kjs when you've been
one hundred and thirty five dropping fifty kgs. And look,
I check out that LinkedIn post because it's it's very
open and on. Yeah, and good on your Hamish, And
thanks for talking to us today.
Speaker 3 (01:13:11):
Yeah, thanks very much, Hamish. And you're certainly looking good,
Nick Now, so we were going to open up the
phone lines to you. I eight hundred eighty ten eighty.
Hamish has been pretty honest about speaking out about the
surgery that he had to drop that weight and as
he mentioned in the Lincoln Post, probably saved his life.
So can you get your views on this and your stories.
If you've gone the surgery rut I eight hundred eighty
(01:13:32):
ten eighty, there'll be thousands listening, as I said before,
that have tried everything to lose weight, and we'll get
a few techs saying what's wrong with people just doing
exercise and changing diet. But that for a lot of
people is just not going to be enough to drop
the weight that is needed.
Speaker 5 (01:13:47):
So keep out your view.
Speaker 2 (01:13:49):
But also if you've dropped fifty kg a different way,
I we'd love to hear from you as well.
Speaker 5 (01:13:55):
Yep, it is thirteen to three bag for surely.
Speaker 1 (01:13:59):
Your home of afternoon Talk, Mad Heathen Taylor Adams Afternoons
Call eight hundred eighty ten eighty US Talk said.
Speaker 19 (01:14:06):
Be.
Speaker 5 (01:14:08):
Known, Jason, you have had bariatric surgery.
Speaker 14 (01:14:12):
Yes, I certainly have.
Speaker 5 (01:14:13):
And are you sorry? Are you going sorry?
Speaker 14 (01:14:16):
I was just going to say I was at my
heaviest around one hundred and forty five kilos and I
had it pretty well, pretty big frame on six for
one and I had it around two years ago and
I got my smallest I got down to was sixty seven.
Speaker 2 (01:14:34):
Wow.
Speaker 14 (01:14:35):
And I'm sitting yeah, that's amazing, And I'm sitting around
around eighty five people.
Speaker 2 (01:14:43):
Well, what is it like? What is what is different
in life when you're pretty much half the man you
used to be?
Speaker 14 (01:14:49):
Yeah, pretty much lost a whole a whole person. Yeah,
but it's you learn a lot about dieting and that
sort of stuff, like portions. If we go out for dinner,
I'll get a starter and I'll probably have like three
or four mouthfuls and take the vest homb Yeah and
d I am definitely a cheap date. And the couple
(01:15:12):
of reasons I got it done. I was told by
my doctor, just dieting and exercise, I would never I
would never get around sort of ninety kg. And you
said it was just pretty much not going to happen,
And so I went down this route, and it's probably
it would be the best thing I've ever done.
Speaker 2 (01:15:30):
When you when you saw that weight, Jason, because you're
so what what did you say was your peak.
Speaker 14 (01:15:36):
Weight around one hundred and forty five, So.
Speaker 2 (01:15:39):
One hundred and forty five and then you're down to
sixty So you've lost over half yourself. But but you'd
still have quite a bit of that skin, wouldn't wouldn't you?
How long did it takes for the skin to come right.
Speaker 14 (01:15:51):
It's there's a bit of loose skin there, but it's
not it's not as much as what you'd think.
Speaker 2 (01:15:56):
Yeah, right.
Speaker 14 (01:15:58):
Now, so I'm around eighty five now, yeah, and so yeah,
you don't really notice it so much.
Speaker 2 (01:16:05):
Yeah.
Speaker 14 (01:16:06):
Yeah, it's because I I had obstructive of sleep heat
here quite severe and I don't know if you guys
familiar with that, but I had to sleep with a
mask every night and I just had enough of it. Yeah,
and within within three weeks of surgery, I have a
news con sense. Wow, and I'm completely completely cleared.
Speaker 2 (01:16:26):
And so it must be also just getting in and
out of cars and such. When you know, if I
tried to pick up, say, you know, sixty kgs now
sixty one kg blocks of cheese, that would be a
decent you know, dead lift.
Speaker 14 (01:16:43):
It's amazing the difference to max and when I when
I was actually at the smallest, my wife was actually
going out to km out of only kids quotes and
I we ring kids T shirts and kids shorts. I'm
not quite that bad now. Yeah, so I'm sort of
like a small mend and I was. I was a
three excel for itself.
Speaker 2 (01:17:02):
Wow, indeed, So yeah, something you would recommend if the
opportunit comes up to people who have reached those higherways.
Speaker 14 (01:17:12):
Recommend it. Yeah, definitely recommend it. My doctor reckons, I've
probably edited twelve to fifty years of my life.
Speaker 2 (01:17:18):
Wow, so dead alone. Yeah, good on you, Jason, and
thanks for bringing and ensuring that.
Speaker 5 (01:17:24):
Yeah, that is incredible.
Speaker 3 (01:17:26):
I mean when you see it one hundred and forty
five down to sixty seven seventy eight kilos, that is phenomenal.
Speaker 5 (01:17:31):
Isn't it a whole human?
Speaker 9 (01:17:33):
I know?
Speaker 3 (01:17:33):
One hundred and eighty ten eighty is and aumble to call.
Love to hear your thoughts and if you managed to
lose weight without the surgery, keen to hear from you
as well.
Speaker 5 (01:17:40):
It is seven to three the issues.
Speaker 4 (01:17:43):
That affect you and a bit of fun along the way.
Speaker 1 (01:17:46):
Matt Heath and Tyler Adams Afternoons News TALKSB News.
Speaker 5 (01:17:50):
Talks the B four to two three.
Speaker 2 (01:17:53):
The text that may be life Today's show is the
best you've done about government debt. I was about to
give that country station to go if you guys are
going to talk about washing pants, really but thoroughly enjoyed
this thing to you both, and especially well and form
caller at the end, what a breath of fresh air
more like this. Please look, thank you and please thanks you.
That's certain. Glad to have you. But I think our
washing pants chat would have also been meaningful.
Speaker 5 (01:18:13):
Yeah, I think so.
Speaker 3 (01:18:14):
You know, there's big questions to be asked about how
how often you should wash your trousers.
Speaker 2 (01:18:18):
Governant is weighty, but it's like washing your pants more
than twice a week is also a weighty topic.
Speaker 3 (01:18:23):
Exactly the big questions. Right, we are going to carry
this conversation on.
Speaker 2 (01:18:27):
Speaking of weighty topics, we can send you this conversation.
Speaker 5 (01:18:30):
Around bariatric surgery. Yeah, keen on your thoughts. Great segway.
Speaker 1 (01:18:37):
Your new home for instateful and entertaining talk. It's Mattie
and Taylor Adams Afternoons on News Talk.
Speaker 5 (01:18:45):
Sabby Afternoon to you, welcome back into the show.
Speaker 3 (01:18:49):
Great to have your company as always, and been having
a great discussion about buriatric surgery on the back of
Hamish Mackay, well no and broadcaster currently a real estate agent,
but hell of a nice guy. He had a very
honest LinkedIn post where he and he went down the
baryatric surgery route after trying for many years to lose
weight via exercise and diet didn't work, and he said
(01:19:11):
in the post that it saved his life.
Speaker 2 (01:19:13):
He lost fifty kgs, which is essentially a person. Yeah,
I know people that less than fifty kgs. So he's
lost in more than persons. And we've had other people
don't think Mark was it Mark Colden he'd lost sixty
five kg's doing it.
Speaker 3 (01:19:27):
Yeah, and I ran us seventy eight kilo, So he
went from at one point he was at one hundred
and forty five kilo got down to sixty seven kilograms.
Speaker 2 (01:19:35):
Yeah. I mean that your life must be so different,
as I was saying before. You know, if you were
walking up a mountain, right and you were carrying an
extra five blocks of cheese, five kgs of cheese, that
would affect your walk up the mountain materially.
Speaker 5 (01:19:50):
Yeah.
Speaker 2 (01:19:51):
Then think about carrying sixty one kg blocks of cheese.
Speaker 5 (01:19:55):
Yep, I would give up after ten meters Like this
is not And.
Speaker 2 (01:19:59):
Yet if you're running that kind of weight, one hundred
and thirty five kegs, you're carrying around that all the time,
one hundred and forty five kegs. So everything involves that.
Everything climbing in and out of your car, you know,
walking around a grocery store doing whatever, whatever you do.
You've got to be carrying that extra wait, and it
must be just not only a you know, a stress
(01:20:20):
builder because but also like just you know, terrible on
the organs.
Speaker 5 (01:20:27):
Yeah.
Speaker 3 (01:20:27):
Absolutely, And as Hamish mcquaye pointed out in his LinkedIn post,
as doctor effectively said to him, you are too fat
and if you don't lose weight, then there's a potential
that your health is going to deteriorate very very fast.
And he undertook the surgery and he feels a million bucks.
Speaker 2 (01:20:44):
Now, yeah, incredible, Chris. You lost seventy eight kgs without surgery.
How did you go about it?
Speaker 12 (01:20:52):
Yeah?
Speaker 25 (01:20:53):
So I decided to make a change when I had kids,
and I did diet and exercise, but I became pretty
obsessed with it and then I got pretty light. But
losing weight doesn't prepare you for all the emotional stuff
that changes.
Speaker 9 (01:21:10):
I don't know.
Speaker 25 (01:21:10):
I think there's lots that doesn't get talked about weight loss.
Speaker 9 (01:21:15):
Yep.
Speaker 25 (01:21:17):
And so I've actually put all that weight back on
plus five killers.
Speaker 2 (01:21:21):
So oh okay, So Chris, where did you start at?
Speaker 25 (01:21:26):
I was about one hundred and fifty sixty, probably one
hundred and sixty, got down to about eighty three five.
And I mean I used mirror replacement shakes and did
a bunch of things, but just became obsessed with the gym, yep.
And how long.
Speaker 2 (01:21:45):
Did it How long did it take you to lose
that amount of weight?
Speaker 25 (01:21:48):
It's, Chris, about eighteen months, two years.
Speaker 2 (01:21:52):
Wow, that's that's really quick. I mean, you were you
were dropping kg's at quite a quite a rate at
that point.
Speaker 25 (01:21:58):
But like effects effects every air of your life. You know,
you like your relationships, the way you see yourself, the
way others see you, And I wasn't emotionally prepared for that,
and so then things change and you make poor choices,
and shame creeps in, and then it compounds and then
(01:22:19):
you go backwards.
Speaker 2 (01:22:19):
So you're saying, so, Chris, you're saying that when you
were down at you know, eighty three kgs, that was hard.
How people were seeing you, people treating you.
Speaker 25 (01:22:32):
When you've lived your life as a big person or
your life, you don't you're not used to the attention
as a as a married person, you're not used to
different things. The other complications that come with that, like
the way your partner sees you, because you've always been
a bigger one and now they've got body issues because
(01:22:53):
the way that you are in relation to them.
Speaker 2 (01:22:57):
Well, it's almost it's almost like coming a completely different
looking human being. You take up a different amount of space,
you wear, completely different things you like from the outside.
You've become a different person in a way, Chris, Is
that what you say?
Speaker 25 (01:23:12):
Absolutely different circles of people you associate with. Different people
show interest or choose to be in friendships or relationships
with you because you now looks something different.
Speaker 2 (01:23:23):
Yeah, and how long did you stuck to stay around
at that sort of eighty three kg?
Speaker 9 (01:23:29):
Wait?
Speaker 18 (01:23:30):
Chris, Oh, probably.
Speaker 25 (01:23:33):
Six to nine months and over a course of about
three years. I've put all of that back, right, and
now I consider the option of you know, as a
very extra surgery option and option. I'm in that like
contemplative phase of making change again.
Speaker 2 (01:23:48):
How old are you, Chris?
Speaker 25 (01:23:50):
I'm thirty six?
Speaker 9 (01:23:51):
Right?
Speaker 5 (01:23:52):
Why did you put it back on?
Speaker 9 (01:23:53):
Can?
Speaker 5 (01:23:54):
I ask Chris? Was it?
Speaker 3 (01:23:55):
Was there something that happened in your life that put
you back on that wagon or it just slowly crept
up on you.
Speaker 25 (01:24:02):
I Mean, I think some of the COVID stuff didn't help,
But it's probably emotional stuff and the other challenges and
like personal lives that that makes you feel bad about yourself,
which is probably why you've become an overeater in the
first place and ill disciplined because eating feels good, so
(01:24:23):
like you find comfort in something or you find a
reward and food and that takes you back to where
you work.
Speaker 2 (01:24:33):
Right, and now you're back up there and you know
you took lost seventy eight but you put on eighty.
How does that make you feel after all that work
you put in to be sort of back where you are.
Speaker 25 (01:24:44):
It's very shameful because I was very public about the
transformation I made. Yeah, and so every time, like I
don't even necessarily take photos of myself and put them
anywhere these days. But yeah, it's been interesting. I just
appreciated hearing the interview and it's probably helped.
Speaker 2 (01:25:02):
Has your relationship Has your relationship survived through the weight
loss and then and then returning to where you were?
Speaker 9 (01:25:10):
Yeah?
Speaker 25 (01:25:11):
Absolutely, but not without challenging.
Speaker 2 (01:25:14):
Yeah yeah, yeah yeah, and so so as the bariatric
surgery an option for you that that has been raised
by by a doctor or anything because if you're thirty six, right,
you know, once you start getting into your forties and fifties,
you know, that's probably a good time to start getting
a little bit more healthy healthy. If you know my.
Speaker 25 (01:25:34):
Previous pe teacher, I follow him on Facebook and he
had surgery and he's had a great success from it.
And I've watched on and you know, the eyes open
to it and think, you know, potentially that is a
good option down the track. I have the sleep out
now I used the mask, can identify with that stuff. Hmm,
I'm starting to see complications outsides.
Speaker 3 (01:25:56):
Yeah, just just on when you lost the weight, Chris,
did you feel happier as a person when you lost
that weight? Did that fix some of the things that
were you know.
Speaker 25 (01:26:08):
I was self absorbed, like I thought. I thought I
was a king. I thought that. I mean, I felt great,
I felt like a million bucks. But I was getting
all this external praise and kudos from people. It wasn't
a settled internal me. It was everyone saying, oh, you're amazing.
But that's that comes and goes. The way I see
(01:26:30):
myself is more important as what I've learned.
Speaker 5 (01:26:33):
Yeah, and so I mean the reason find measure. Yeah,
the reason I asked that.
Speaker 3 (01:26:38):
I imagine just hearing you that making sure your mental
health is at a good place must be a key
part of of the bariatric surgery route. That you've got
to make sure that the mental game is there as
well as the physical before you undertake that.
Speaker 25 (01:26:53):
I think so. I think it's I think it's something
to be considered that you may not realize as you
journey through it. And I wish people well who choose
whatever route to get their health good and I find mine.
Speaker 2 (01:27:05):
Yeah, I well, thank you so much, Grist, and thank
you being so open and honest about it. Yeah, it's
funny when he talked about losing that weight and the
attention that he was getting from the opposite sex all.
Speaker 5 (01:27:18):
Of a sudden, Yeah, it's called cheating. Weaight, cheating weight.
Speaker 2 (01:27:22):
I've been accused by my friends of trying to hit
cheating weight.
Speaker 11 (01:27:26):
Yeah.
Speaker 3 (01:27:26):
Yeah, but you've been doing pretty well, you know, if
I can say you've been on a bit of a
health cack, shall we say, and you've lost a few
fear for you killer.
Speaker 2 (01:27:36):
Yeah, I'm barfaires Maneah. Yeah, I've got a hot bot
if anyone anyone wants me to send some pictures. I
won't just send me your text number and I'll slide
into your send you some picks.
Speaker 5 (01:27:48):
Yeah, and nineteen nine two we'll get you in the
waiting list.
Speaker 9 (01:27:50):
Yeah.
Speaker 3 (01:27:51):
I one hundred eighty ten eighty is the number to
call if you managed to lose weight without the surgery.
Speaker 5 (01:27:56):
Love to hear from you.
Speaker 3 (01:27:57):
But if you are looking at going down that route,
really keen to ever chat with you. Oh, one hundred
and eighty ten eighty is that number to call. It
is sixteen past three, Very good afternoon, and we have
been talking about bariatric surgery. This is after Hamish mcquai,
well known sports broadcast and currently in real estate, but
he shared a very honest post on Instagram that he
(01:28:19):
undertook the surgery after years of trying to lose the
weight couldn't and he credited it with saving his life.
So ken to get your journey when it comes to
weight loss. If you managed to lose a considerable amount
of weight without the surgery, I one hundred eighty ten eighty,
we want to hear from you.
Speaker 2 (01:28:34):
Speaking posts, the Premiere Premier's plate just came in here,
it did, Yeah, the A League plate. So speaking of
posts on busily putting a post up on Instagram about it.
Speaker 5 (01:28:44):
Tyler, Well, they did look for you, or they said,
where is Matt Heath. I've got a plate here.
Speaker 2 (01:28:48):
At news Talk z B and Tyler Adams end zi it. Yeah,
you want to see this amazing picture, go to Matt
Heath in ZID on Insta.
Speaker 5 (01:28:55):
It's a good looking plate, doesn't it.
Speaker 2 (01:28:57):
Jeez, we look good with that plate. Far rut.
Speaker 5 (01:28:58):
That was a good photo anyway. Anyway, Weight loss Surgery
I e.
Speaker 3 (01:29:01):
One hundred eighty ten eighty some great texts coming through gents.
I tried several weight loss fairs. The only thing that
worked for me is calorie counting shredded circa sorry circa
fifteen kilograms. Have managed to keep it for three years now.
It's hard though, with work and family life, having to
(01:29:22):
manage time, et cetera. But I'd find that it's not
second nature to keep a running telly over a week.
Speaker 9 (01:29:27):
It's good.
Speaker 3 (01:29:27):
I mean, if you lose fifteen kilo and you can
keep at it for three years, that's a very solid effort.
Speaker 2 (01:29:32):
This text says no need for a stomach staple, just
eat nothing but steak. I've lost forty two kg. Carnival diet,
just eating steak, steak and nothing else. Tiffany, welcome to
the show. You lost thirty two kg without surgery. How
do you do that?
Speaker 26 (01:29:48):
I did? Yeah, I starts doing optifast for a few weeks.
The lost a lot of weight quite quickly with that.
Speaker 2 (01:29:55):
What's that?
Speaker 10 (01:29:56):
What's optifast one of the shakes a right, yep, systems
that you can do.
Speaker 26 (01:30:03):
But I still had this evening meal with that, and
I sort of cheated a weave it because you meant
it was water. But I always had it with milk.
But I was losing weight, so I didn't really care,
and the personal trainer was going to the gym a lot,
and yeah, lost lost all that weight and kept it
off for a couple of years. Another reason that I
(01:30:24):
lost it was because I've broken my back and having
a lot of back.
Speaker 27 (01:30:26):
Is shoes, right, and the surgeon.
Speaker 26 (01:30:28):
The surgeon said to me, every kilo that you lose
is equivalent of seven kilos of pressure on the base
of your spine.
Speaker 2 (01:30:36):
Yeah. Right.
Speaker 26 (01:30:38):
I've got up to one hundred and three kilos after
breaking my back, and then got down to sixty eight
sixty nine, which was sort of a bit of a
struggle to stay there. And now I'm sitting on around
seventy two seventy three and it's been two years. I'm
not making the gym, so it's been healthy.
Speaker 2 (01:31:01):
So have you remained on the shake? So you've just
transitioned into normal.
Speaker 26 (01:31:08):
Normal, and I'm going to take for about a year.
Speaker 2 (01:31:11):
How different is your life? I mean, obviously it's a
lot better on your back injury, but how much how
different is your life being thirty two kgs.
Speaker 21 (01:31:20):
Lighter like the gentlemen before.
Speaker 26 (01:31:25):
The mental side of that I found really hard to
adjust to, you know, as you said, the extra tens
that you get, not from the opposite sex or anything
like that, but just the compliments in general from Fambien's friends.
But when I looked in the mirror, I still saw
my previous body size. So it took a while because
(01:31:48):
I needed to get a new butterbe it took quite
some time to be able to adjust to what I
could win now versus what I was were and being
comfortable enough.
Speaker 2 (01:31:59):
Yeah, and so is it a struggle for you to
remain at a lower Wait?
Speaker 26 (01:32:05):
No, no, no, I've found it not a problem at all. Yeah,
I've stopped going to the gym, But I am walking
with my dog and just eating, just eating healthier in general.
But yes, weird. Since I've lost all the weight, I'm
finding it actually easier to day at the new weight.
Speaker 3 (01:32:27):
This might sound like a facetious question to any but
it's generally not. Did did you find initially that you
felt like a bit of the joy was sucked out
of life? Was there that transition why you were doing
these diets and trying to eat a bit healthier and
getting off the sugar and fat and all that.
Speaker 5 (01:32:42):
That tasty stuff.
Speaker 3 (01:32:44):
Was that an element to it until you found a
nice transition that that worked for you?
Speaker 26 (01:32:48):
Not really, because the shapes were so sweet. I found
the shapes really sweet.
Speaker 12 (01:32:53):
And.
Speaker 26 (01:32:55):
You could have there were other things you could have,
like music, chocolate, musy bars and things like that that
were provided on this on the salty fast that I
was doing, so I never felt that I was saying
the sweet The sweet stuff is also moose for chocolate
roosts that you could do for desserts and things like
that and life. Yeah, my sweet clathings were being Are
(01:33:19):
you still indulged with this program?
Speaker 2 (01:33:22):
Yeah? Well good on you, Tiffany. Thanks for ringing and sharing,
so three two kgs just on the shakes, yeah, and
then eating just an AMD right now and holding steady.
This person that's not eating it diet says, I also
ate nothing but steak and eggs. Well that's more than
the other person that was just eating steak. So you
ate nothing but steak and eggs. Steak and eggs one
(01:33:43):
of the great meal O beautiful food. Yeah, kind of
better with the fries. Butlet's you've got to stay away
from those in this diet. Lost sixteen kg and joint
pain is completely gone.
Speaker 5 (01:33:52):
Yeah.
Speaker 2 (01:33:52):
Those that are the big supporters of the Carnival diet,
they tout, you know, it's you know, effects on your inflammation.
Speaker 5 (01:34:02):
Yeah, yeah, they say very inflammation.
Speaker 2 (01:34:05):
That's the big is the big, big problem.
Speaker 9 (01:34:07):
Now.
Speaker 3 (01:34:07):
I love steak as much as the next feller, but
genuine questions, you would you not get sick of steak
every night?
Speaker 2 (01:34:14):
I fill it and then a Scotch state the next night. Well,
I guess it depends how much what you have on it.
Do you have like a nice mushroom sauce one night? Yeah,
you have gravy the next night. Although people text on
and some people are disgusted when you say, gravy on
your steak. I like it. Bit of gravy steak.
Speaker 5 (01:34:31):
Oh yeah, you got to drown there, bead boy, gallic
butter on it the next night.
Speaker 2 (01:34:34):
That also just have to be straight steak in nothing else.
Speaker 3 (01:34:38):
Yeah, if you're on the Carnival diet, I eight hundred
eighty ten eighty. It is twenty five past three. Back
with more of your cause real shortly.
Speaker 1 (01:34:49):
Mad Heathen Tyler Adams afternoons call oh eight hundred eighty
ten eighty on used talk ZV.
Speaker 3 (01:34:55):
Twenty seven past three. Few people coming through on the
old Carnival diet. Apparently steak and salt only.
Speaker 2 (01:35:00):
This person's only nothing but chicken for the last seven years, cheaper. See,
this is what I believe, right, And I've often gone
on crazy things that I've tried over the years.
Speaker 4 (01:35:11):
Yep.
Speaker 2 (01:35:12):
And you know, someone said to me once, if you're
going to go on a diet, make sure it's one
that you can eat for the rest of your life. Yep,
because you know all very well. And we've talked to
a couple of people. They've lost sixty kg or whatever,
thirty kg whatever, and then they've put it right back on.
Because when you're not just going hard in that sort
of incredibly intense way and you just go back to
(01:35:33):
your natural way. Then you put it all back on right,
So you have to come up with something that is
going to change you forever, which I guess bariatric surgery does. Yep,
very true, changes you forever. Phil, welcome the show.
Speaker 9 (01:35:48):
How you do?
Speaker 2 (01:35:49):
Very good? Phil, better since you've called in.
Speaker 27 (01:35:52):
Very kind of you to say so, sir, and Tyler gated.
Speaker 5 (01:35:55):
Yeah, mate, I'm very happy also that you've called it.
Speaker 2 (01:35:58):
Mate, I don't worry about that. I don't bring Tyler
into this, Phil.
Speaker 27 (01:36:01):
Sorry, No, I was listening right at the start there,
and I was I just called into say I was
very taken with Matt Hamish Mackay's story and really enjoyed it,
and I was thinking good on, good on him, and
right sort of near the end too, how he said
about it had changed his kind of view at looking
(01:36:26):
at other things in his life too, you know, past
and present kind of things. So not only I thought,
well that's brilliant, because not only has it has it
has the positive effect on the weight game for his
weight loss, for his health and that, but also there's
that mental outlook as well, you know, where he's sort
of how I'll put into words, it's sort of made
(01:36:48):
him maybe appreciate things more. We'll just kind of look
in a more positive thing of taking life as it
is kind of thing and being more aware around him
with certain situations and things, and you know, helping him
further in his relationships and just life in general, or
his relationship. He's in one now, So there's that effect
as well. And the funny thing was, I was, I
(01:37:10):
was were gonna ring, I was going to ring, and
straight after that, and then Jason come on. And I
am pretty sure by his voice that I actually worked
with Jason and I knew him when he was as
big as he said he was. I'm positive, positive, and
I seen him have the change while I was working
(01:37:31):
with him. In fact, he might have even talked about
it with him at work, you know, because he was
having such trouble losing the weight and really struggling him battling,
and he decided that it was the only way after
going to see the doctor net and talking and doing it,
and to do it. So and it's funny because, like
Ham has said, people would look at him and wouldn't
recognize him. I can remember one day in the smoker
(01:37:53):
room looking at Jay after he'd had the surgery, and
I didn't recognize him for a start, because he just
it was so effective that he was so much weight.
And I actually thought too, like, well, geez, actually looks
a bit pale and skinny on it now, you know.
Speaker 2 (01:38:06):
Yeah, that's right. Yeah, Rodney hid lost a lot of weight,
that's right. Yeah, another look at him going actually kind
of suited the weight a little bit.
Speaker 3 (01:38:14):
Yeah, you could have done with some more son as well, Rodney,
to be honest with Yeah.
Speaker 2 (01:38:17):
But I mean it's interesting. It's something that people have
been ringing today about which I hadn't really thought about.
How much how different you look if you lose that
kind of weight, kind of fifty kg sixty kg's type
of weight half your body. But you are effectively, effectively
from the outside, a different person. So you treated different.
Your whole life is very different, not just how you
feel in your personal health and how you feel about yourself.
(01:38:40):
I treated as a different person, yeah, which would be
really really weird. Yeah.
Speaker 3 (01:38:45):
Well, as Hamish MacKaye said, that kicked off this conversation
when he went down to the stockyards and people didn't
recognize them anymore and he had to get used to that.
But yeah, I kind of agree with phil that there.
Hamish mckaye we chatted to. It was a lot more
philosophical than what I've heard from Hamish before.
Speaker 5 (01:38:59):
But good on him. He looks he looks a million bucks.
Speaker 2 (01:39:02):
The Yeah it looks good. Great broadcaster as well. I
lost twenty kg in ten weeks, started with a bet
with a mate who could lose them weight. I ate
low carb count under thirty a day, two meals a day,
vegas salad.
Speaker 5 (01:39:15):
Eggs, meat, vegas sell it sounds nice, interesting.
Speaker 2 (01:39:18):
Healthy, a lot of water, green tea, and two hours
explos a day, mostly walking biking. Have kept it off
every cag now three years in fit and healthy and
feel great now. I eat more relaxed than have my
first meal at twelve every day. Yeah you go, it's
twenty kg. It's not bad.
Speaker 5 (01:39:33):
Yeah, great discussion.
Speaker 3 (01:39:34):
Thank you very much to everyone who gave us a
buzz and text on that one. Right coming up, we've
got the headlines. Then, as part of our ass the
Expert series, we have matted the mechanic back with us.
He is an expert when it comes to anything mechanical.
If you've got a problem with your car, he is
a man to chatoo. Speaking of witch. Yes, you just
dropped your car off to the mechanic.
Speaker 2 (01:39:54):
I just dropped it off serviced.
Speaker 4 (01:39:56):
Yeah.
Speaker 2 (01:39:56):
Yeah, he's a.
Speaker 3 (01:39:57):
Good man to chat to. Why you've got to I
suppose you've gotta wait for the bill to come through. Well,
then you can run past.
Speaker 2 (01:40:01):
I've dropped my car into one of those mainstream service centers,
the one that I bought my car from and in
the past being quite an impressive service fee. So I'm
watching them like a hawk. This time it's going to
be good. I'm going through everything line by line, as
you shure, because I've been I've been talking a lot
of different people when you can really get kicked between
(01:40:21):
the legs by service fees, and the mainstream places are
all notice now they're on those yeah, right.
Speaker 5 (01:40:27):
Right, Oh, one hundred and eighty ten eighty.
Speaker 3 (01:40:29):
If you've got a problem with your motor, Matt is
coming up next nineteen nine to If you preferred to text,
it is twenty seven of.
Speaker 1 (01:40:34):
Four youth talks, it'd be headlines with blue bubble taxis.
Speaker 12 (01:40:40):
It's no trouble with a blue bubble The Green Party
has released its alternative budget, which focuses on social good
funding things like free GPS, dentistry and preschool education through
a wealth tax and increasing companies tax and mining royalties
concern after the Finance Minister Nicola Willis Is announced next
(01:41:02):
week's budget will include changes to Kiwi Saver. More than
eighty percent of New Zealanders assigned up. Parliament's taking a
closer look at the harm young people face online, with
national planning to put up a government bill to ban
social media for under sixteens. A July date's been revealed
for merging our seven public research institutes into three organizations
(01:41:26):
with more focus on economics. Nelson's Nayland Road closed this
afternoon with is closed, i should say, with police converging
on the area, although it's not believed there's any public risk.
Nayland Primaries reopened from lockdown. No update yet on Nayland
College and broad Green Intermediate. Born to Be Bad George
(01:41:49):
Thorogood on black influence, white critics and singing the Blues
See the story at enzid Herald Premium. Back to matt
Ethan Tyler Adams.
Speaker 3 (01:41:57):
Thank you very much, Raylean and as we do it
this time. Every Wednesday are asked the Expert series, and
this week we've got Matt the Mechanic back with us.
He's got thirty eight years experience as a mechanic in
the automotive industry. He's worked for pretty much every franchise
brand you can think of, from the Japanese through to
the Europeans. You'll find him at Exil Autos and Fakatane.
He's a good man and he's brilliant at this stuff.
(01:42:20):
So if you've got a question for Matt, now's your opportunity.
O eight one hundred and eighteen eighty gered.
Speaker 9 (01:42:23):
A Matt, Good afternoon, guys, how are you very good?
Speaker 2 (01:42:27):
Should we go straight into Donald with his nineteen seventy Ziphya.
Speaker 5 (01:42:33):
Go ahead, Donald, you're on with Matt. How are you doing?
Speaker 22 (01:42:36):
Thanks very much? My first car in nineteen seventy Ziph.
I bought it in seventy five, a car that I
was told don't buy. The troublesome. It's been understarted completely.
Understarts are completely unused since nineteen ninety three.
Speaker 5 (01:42:49):
It has not seized.
Speaker 22 (01:42:51):
What as a mechanic, mature mechanic, how would you go
about gently restarting it?
Speaker 23 (01:42:57):
I'd change the oil on filter. I'd probably change the
radiator fluid. You'll probably need a new battery. Yeah, wow,
i'd probably want I've changed the oil and filter. Disconnect
the ignition so it doesn't fire and wind it over
a but to get the oil flowing through the engine.
Speaker 19 (01:43:16):
Yeah, start up you.
Speaker 5 (01:43:22):
Or you go? You go first, man.
Speaker 23 (01:43:26):
You'll probably need new fuel and if you know, whatever's
in the cardboard is probably evaporated, you might need to
tour the top off the carb and clean it out.
Speaker 5 (01:43:35):
Yeah, Donald, hopefully that works. You got that, Donald?
Speaker 22 (01:43:42):
Yes, I did think very much.
Speaker 5 (01:43:43):
Yeah, lovely? All right, all right, good luck?
Speaker 2 (01:43:46):
Beautiful Vehicles of the Ford z you speak considered the
quintessential New Zealand car, the Zephyr. If you want to
give yourself a treat, look up John Campbell's are not
John Campbell's name, John Clark's appearance and the movie gosh
what was the movie? Someone will tell me as a
car salesman.
Speaker 5 (01:44:05):
Does that never say die?
Speaker 2 (01:44:06):
Yeah, never say yeah? Make one hundred down a steep
hill with a stuff suddenly up it's trickles.
Speaker 5 (01:44:15):
Oh yeah, yeah, you've never owned as if for yourself, mat.
Speaker 2 (01:44:19):
No jerrou you've got a twenty eighteen Ranger you want
to talk about.
Speaker 24 (01:44:26):
Yeah, Jerry.
Speaker 18 (01:44:27):
Sorry, guys, you're in the buck.
Speaker 2 (01:44:30):
That's probably not a name.
Speaker 24 (01:44:31):
Jerry.
Speaker 5 (01:44:33):
We've got to you instead of a y, but that
makes more sense.
Speaker 2 (01:44:35):
It's classy. Now I'm going to call you Duru. We'll
call you Duru for the rest of this called Jeru.
You've got a twenty eighteen Ranger and we use.
Speaker 24 (01:44:43):
It mainly for tourna caravan. Now when I'm driving along,
it's an automatic. When I'm driving along, not over revenue
or anything. It goes first, second, third, port and then
it might jump into fifth, but it gives a big
clunk back and then continues on into six. And whenever
you're slowing down, it just slows down normally the way
(01:45:03):
it should go through the view. I've taken it to
forward about three times. It's when it's a load or
without load, if that makes sense. With the caravan or
without I've taken that the board and they're doing all
the diagnostics and they can't find a thing wrong with it.
Speaker 23 (01:45:21):
Okay, I'd probably start by changing the gearbox oil. And
if you're towing with it, it might it might be
beneficial to put an external oil cooler in the in
the transmission line.
Speaker 24 (01:45:35):
Right, they're not getting put an extra oil coler.
Speaker 23 (01:45:39):
It will have one, but if you put an external
one on it, it will it will work better, it
won't get as hot. But I'd start by changing the
oil and then maybe looking at an external oil coller.
Otherwise it may be an electronic process. You might have
to get it skinned, but if you've taken it back
to FOURD, they've probably already scanned it.
Speaker 9 (01:45:55):
And then if they can't find.
Speaker 23 (01:45:56):
Any code, Yeah, yeah, yeah, I'd start with the oil
and then maybe an external oil coller.
Speaker 24 (01:46:04):
Okay, so I know it's hard to diagnose. What do
you think is the worst that could happen?
Speaker 5 (01:46:11):
The worst that could happen.
Speaker 9 (01:46:14):
I might not win a lot of one Saturday. Again.
Speaker 23 (01:46:18):
Yeah, if it's not leaking, just check it, chick it
for leaks and just make sure there's no external leaks.
But they've probably already done that if you've been back there.
But I'd start by changing the will.
Speaker 3 (01:46:29):
Dreu slash Jerry, good luck with that twenty eighteen range.
There's a text here at Matt ninety three Toronto t
D twenty seven automatic randomly drops to lower gear and
won't change. Only way to get back to normal is
to turn off the engine and start again.
Speaker 23 (01:46:45):
Any advice, yep, I just can't off the top of
my head think.
Speaker 9 (01:46:52):
How they're controlled.
Speaker 23 (01:46:52):
But if it's probably got a transmission computer and it's
probably a computer issue. So again it's getting a bit
early to be to be able to be scanned, but
probably an auto electrician might be the best bit for that.
Speaker 3 (01:47:04):
Yep, very good. If you've got a question for Matt,
now is your opportunity. I wait, hundred and eighty ten
eighty is the number to call. We've got full lines
at the moment, but keep trying and he will give
you some great advice. It is eighteen to four back
fore shortly here on News Talks, heb.
Speaker 1 (01:47:21):
The issues that affect you and a bit of fun
along the way. Matt Heath and Taylor Adams Afternoons News Talks.
Speaker 3 (01:47:28):
He'd be It is quarter before we are joined by
Matt the Mechanic as part of our RC the Experts
series from Excel Autos and Fukasani thirty eight years experience.
Speaker 5 (01:47:36):
Just Matt, you're gonna enjoy this.
Speaker 3 (01:47:38):
Just before we go back to the phone calls, Matt's
found a little bit of he's done some research.
Speaker 5 (01:47:42):
He's put it that way.
Speaker 2 (01:47:43):
Yeah, I was talking about this great piece of John
Clark audio. You might know him as Fred Dag He
was one of New Zealand's greatest comedians. He was in
the timmiwear of Morrison movie Never Say Die as a
remarkably honest car salesman.
Speaker 5 (01:47:55):
And I just love this audio.
Speaker 2 (01:47:57):
I think it's phenomenal. Oh, well, there you go. That
didn't play, so let's move on. For some reason, the
mic wasn't turned up in the other own fader wasn't up.
So that's very disappointing because I was very excited about that.
Speaker 5 (01:48:12):
But we might come back to that one.
Speaker 2 (01:48:13):
I'm just going to go and punch myself in the
face of the corner here after that.
Speaker 5 (01:48:17):
Right, let's go to the calls mark.
Speaker 3 (01:48:19):
You're going to an issue with your a noisy belt,
is that right?
Speaker 16 (01:48:24):
Yeah, I've got a I've got a wheeling timing belt
and a sticky salary. And it seems recently simple to
things where I would post mechanics.
Speaker 24 (01:48:33):
But I've been to my.
Speaker 16 (01:48:34):
Mechanics green time for the same issue Wunderbug player and yeah,
so and a manual. It is pretty challenging when I'm
going up a hell.
Speaker 2 (01:48:45):
And can anyone understand what Mark saying?
Speaker 9 (01:48:48):
I'm really having trouble here in you there's a.
Speaker 2 (01:48:51):
Lot of technical issues going on here. Yeah, some kind
of storm of cockuppery going on here.
Speaker 4 (01:48:57):
Yeah.
Speaker 3 (01:48:57):
Yeah, So the information I've got here, so a stick accelerator,
matt in, a noisy belt, that's all we've got to
go on.
Speaker 23 (01:49:04):
Advice, Please, It sounds like he's headed into the shop
a few times and he's still got the same problem. Look,
your best advice really is to find someone that knows
what they're doing with it. Yeah, ATV is not really
anything that I'm sort of familiar with. But a sticky
accelerator and a noisy belt sounds pretty simple to fix.
But I think you might just be taking it to
(01:49:24):
the wrong guy.
Speaker 5 (01:49:24):
Yeah.
Speaker 2 (01:49:25):
So Matt Alan asks what is the best small kid?
What is the best small car to buy for safety,
fuel economy, and a bit of zip in your opinion,
I've got two of them. Yeah, yeah, safe economy, love
(01:49:46):
that high there.
Speaker 3 (01:49:48):
I purchased a two thousand and five Red fo a
few weeks ago, and it is very expensive on gas runs. Well,
I think and I drive with a very light foot.
Any thoughts.
Speaker 23 (01:50:00):
Yeah, they're not the best on gas anyway, if you're
driving it around town, I assume it's a four wheel drive,
they're not grade on guess. You could get a tune up,
maybe you get some new spark plugs and a new AIRFORLT.
Speaker 9 (01:50:13):
It might be running a bit rich. You might have
a blocked airfort or something like that. But they are
just not their great on guess.
Speaker 3 (01:50:19):
Yep, I suppose two thousand and five is long before
the hybrid model came out.
Speaker 9 (01:50:25):
Yeah, yeah, yeah.
Speaker 2 (01:50:26):
Aaron, you've got a twenty fifteen range drover with a problem.
Speaker 24 (01:50:30):
Yeah, an intimiscent about one trip in twenty it goes
into an engine saving mode and has about ten percent
of its normal power and you can only just get
it home. Been to three mechanics, there's been.
Speaker 9 (01:50:45):
Does the light come on on the dish?
Speaker 24 (01:50:47):
No? No, nothing on on the dish, and various comments
of that eg r vlves and just one whether we
should wondering whether we should remove it and reprogram it
to op break without.
Speaker 23 (01:51:05):
I would have thought if it's going into limp mode,
you would definitely have a lie on the dish, but
it will definitely probably be something that will need to
be scanned with a decent scan.
Speaker 24 (01:51:13):
TAL have it and we've taken it to the garage
when it's in limp mode and left it running. So
they thee.
Speaker 23 (01:51:26):
Have you been to a friend franchise dealer or have
you just taken it to half the market guys.
Speaker 24 (01:51:30):
One franchise and two two experienced guys with these European
the ecles. Yeah, it's just it's got a absolutely.
Speaker 9 (01:51:41):
Get it to a I'd get it to a range
Rover dealer.
Speaker 24 (01:51:45):
Been to archies in christ Church.
Speaker 9 (01:51:50):
Luck that one's too tough for over the phone.
Speaker 3 (01:51:52):
But yeah, all the best staring. I think we've had
time for one more cooler.
Speaker 2 (01:51:57):
Brian, you've got a problem with your problem with your
your crutch, problem with your croutch on a sixty eight
Mustang there, Brian.
Speaker 5 (01:52:05):
Common problem on the.
Speaker 28 (01:52:09):
It needs a scratch. I just consuming my own views.
Actually I went up to beach Off and the traffic
up there was pretty slow. So I've got a four
speed top lader behind a Stroker motor and I just
(01:52:33):
when I'm putting my foot down practically in any gear,
I just get a slight red of the motor. Before
the traction starts, you can feel normally, I should put
my foot down and you feel a car accelerat straight away,
but there's a slight read and then the way it goes.
I'm assuming that clutch plate. And the other question would
(01:52:59):
be should I replace the clutch and pressure plate and
thrust bearing?
Speaker 9 (01:53:06):
Also, well, if you do the clutch, you do it all.
Speaker 23 (01:53:11):
If the clutches slipping, you should You should be able
to smell it. I couldn't just work, just work, work
at a bit and see if you can make it slip.
If you can make it slip, then it's probably gone,
but you'd probably be able to smell it when it does.
Speaker 28 (01:53:26):
Yeah, Alternatively, it's not the clutch in any ideas, might
do that.
Speaker 23 (01:53:35):
Not without driving it. Maybe an ear leak if it's
just hesitating a bit, But if you just yeah, I mean,
if you're driving it, and you obviously know what you're
talking about. When you've got a car like that, most
guys with cars like that do their own work. If
you're sort of feeling it's a clutch, then yeah, you know,
without driving it, I'd probably agree with you. And if
you do do it, do everything you'll buy a kiss anyway,
(01:53:57):
so you'll get everything in the clutch kit.
Speaker 3 (01:53:59):
All the beast, Brian, and it sounds like a beautiful vehicle,
sixty eight Mustang in the old beach shop. That sounds
like a good time. One text, one more text here, Matt,
just had my transfer case rebuilt on my old four
x four new internals, getting a very quiet wine when
I'm doing eighty k's an hour.
Speaker 5 (01:54:16):
Is this normal for new gears? Or should I take
it back to get checked.
Speaker 9 (01:54:20):
Make sure it's got the right oil on it?
Speaker 23 (01:54:24):
Or are you hearing something else because the transfer case
is no longer noisy? It might be something else gears, wine,
bearing's rumble, So if it's a wine, it's it'll be
a gear. It could be a DFF for or a gearbox.
Now that you've hit the transfer case done, you might
not be hearing You'll be hearing something that.
Speaker 9 (01:54:39):
You couldn't hear before.
Speaker 5 (01:54:40):
Yeah, so so, but just.
Speaker 9 (01:54:41):
Make sure it's got the right oil on.
Speaker 5 (01:54:43):
It, yep, and potentially take it back.
Speaker 9 (01:54:46):
Yeah definitely, Yeah, yeah, yep.
Speaker 5 (01:54:48):
Very good Matt.
Speaker 3 (01:54:48):
You're brilliant as always and always great to catch up mate.
We will do it again in about a month's time.
Speaker 9 (01:54:55):
Of course, all right, thanks guys, appreciate it.
Speaker 2 (01:54:57):
Yep.
Speaker 3 (01:54:57):
That is Matt the mechanic from Exil Autos and Fakata
and as always advice off it on this program has
done in good faith and should always be confirmed by
a physical inspection of your vehicle.
Speaker 5 (01:55:08):
It is seven or four.
Speaker 1 (01:55:10):
The big stories, the big issues, the big trends and
everything in between. Matt Heath and Tyler Adams Afternoons News Talk.
Speaker 5 (01:55:18):
ZIB News Talks it B five to four.
Speaker 2 (01:55:21):
I want to play this audio before. It's John Clark,
the New Zealand fantastic comedian. He was free Dagged and
a bunch of amazing stuff in Australia. Was in this
movie Ca'll Never Say Die with Timmy Ram Morrison as
the honest car salesman talking about a Zephyr seven.
Speaker 29 (01:55:36):
Hundred, seven hundred and I suppose it only had one owner,
a little ol lady who only drove it on Sundays. Well,
actually she's an ex rental made of mind thrash to
ring at him for a fair bit border and here
see if I could find some bunny to fit into it.
That's amokeer be frink of you, Cyril, Cyril Well it's
(01:55:56):
not a lot of commission in a seven hundred dollars vehicle.
I'm not going to make about all day selling it.
Speaker 4 (01:56:00):
He doesn't want it anyway, tell.
Speaker 9 (01:56:03):
Us about it.
Speaker 29 (01:56:04):
Well, the body works pretty well rooted as you can see.
But well, I never give up these old sixers, do they?
You know, a little hard to start, a little hard
to start, runs like a haunted shit house for a bit,
but once she warms up there's a lot of grund
downder here. I wouldn't be surprised if you've got the
ton out of this. You don't a decent down, he'll run,
you know, with a chrisk northerly up your freckle.
Speaker 5 (01:56:23):
That's so good.
Speaker 2 (01:56:24):
Look it up on YouTube. It's one of the most
greatest New Zealand comedy performances of all time. John Clark
and Never Say Die genius.
Speaker 5 (01:56:30):
That is us for today.
Speaker 2 (01:56:32):
Yeah, that's right. The Mettentyler Full Show podcast will be
out in about an hour if you miss in of
our fantastic chats. But the great and powerful Heather duper
Cy Allen is up next. See you tomorrow. Until then,
give them a taste of kee wee from us.
Speaker 1 (01:56:51):
For more from News talk said B. Listen live on
air or online, and keep our shows with you wherever
you go with our podcasts on iHeartRadio