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September 17, 2024 12 mins

THE BEST BITS IN A SILLIER PACKAGE (from Wednesday's Mike Hosking Breakfast) All This Definitely Matters/Here to Help/Home Ownership Not All It's Cracked Up To Be/Social Media All Sorted/Hard to Be a Pollie These Days

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Speaker 1 (00:09):
You're listening to a podcast from news Talk said be
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iHeartRadio Rerap.

Speaker 2 (00:25):
Okay there and welcome to the rewrap for Wednesday. All
the best that's from the micasting mc ferson, who's talk said,
be in a sillier package. I am Glenn Harnt.

Speaker 1 (00:33):
Today we are.

Speaker 2 (00:35):
The race based policy police. Just send all your race
based policy complaints to us and we'll pass them on
to the government. As home ownership for all, it's crack
up to be social media. I think that's pretty much
all sorted. We don't worry about that anymore. But on
the other hand, Tory fanna we do, but before any
of that, So yeah, a lot of fallout after this poll.

(00:57):
Once again, remember there isn't an election tomorrow or anything,
but yeah, it really matters what they said in this poll, right.

Speaker 3 (01:02):
So it's only when you read the full detail in
the latest Taxpayer Union Career poll that you start to
get feel for where the current government sits. Firstly, the
polls for corporate clients, reportage is usually limited to a
few basic numbers, i e. The nats are up or
down a point and added together that means x number
of seats for the House. So the full report that's
got the gold and everyone in corporate New Zealand will

(01:23):
be seeing that this current government is on somewhat of
a roll. And here is the really worrying thing for
the opposition parties. These numbers are produced at a time
the economy is still rubbish and it's entirely possible were
still in a recession. So things for labor especially to
worry about. One, the coalition have sixty seven seats, that's
an easy majority. Two every single issue bar one they're

(01:43):
now more trusted on. In areas like the economy and spending,
the government win by a mile. The gap is embarrassing.
The only area of Labour claim victory in Nardays's poverty,
and even then they only claim it by one point three.
The Right Way Wrong Way tracker has turned in spectacular
fashion since the election. Many argue this is the true
indication the government's support. Get the country going right, You're

(02:03):
in every time four the Labour leader's popularity has tanked
the favorability unfore favorable numbers have created Chris Hepkins. Isn't liked,
isn't backed is as they say in America, underwater. Now
fair is Fair's just a poll, not an election. But
get some steam into the economy, get a growing level
of confidence as the Reserve Bank cuts those rates and
people start to spend and feel good again. Get some

(02:25):
real growth and proceedings, and it's at that point any
government of the day starts to feel like they're re electable.
We've seen this past week the seats I mean, the
shoots of progress, those crime stats, the increasingly determined action
around the treaty, the reportage of schools talking of this
change of culture after a phone ban. These are small
but tangible wins. If by the end of next year

(02:46):
the economy is back and the rest of the tangibles
are falling into place, and opposition will have very very
little left in which to enter election year with. And
Chris Hepkins won't just be underwater, he'll be out of
a job.

Speaker 2 (02:58):
Good the Labor Party save everybody a lot of time
and money and resources by just not running at all
next election. We won't bother having one. It would be good.
Rewrap with the issue of race based ethnicity based policies
and allowances and handouts and grants and things like that

(03:21):
will be an issue at the election. Who could say,
but it's certainly an issue for us here at Newstalk's
thereb At the moment.

Speaker 3 (03:26):
AUT we raised on the program with the Prime Minister
yesterday aut and their business of giving extra Marx if
you like, if you apply, if you work for them
and you want to travel somewhere overseas, if you're Mari
or Pacific, you get more marks automatically just by race
than anybody else. Would we put this to the Prime minister.
He hadn't heard this their statement, but he's onto it

(03:47):
and I'll tell you about that in a moment, Aut
yesterday said there is a critical shortage. They're defending this,
of course, and this is despite the government saying we
want a colorblind public service. Ask yourself where AUT and etc.
Get all their money and the answer is the government
us there is a critical shortage of Maria and Pacific
academic staff in the university sector and our policy supports
the need to address this. They proactively supports Maray achievement

(04:08):
of tertiary education as part of our commitment to tatidity.
Our approach to academic travel opportunities reflects this commitment. We
stand by this. Well, that's fine. You can stand by
it till you're blow in the face, but you're now
breaking the rules. A government of the day is the
government of the day. You may not agree with them,
but they're the ones giving you the money. And this
is my great concern and I tried to raise it
several times with the Prime Minister. Yes, you're seeing it

(04:28):
in the judiciary places like the White Tangi Tribunal. You're
seeing it in the public service, the leaks around David
Seymour's work on the Treaty Principles Bill, and now you're
seeing it at university level. They're saying, I don't care
what your rules are, We're going to do what we
want to do. So the good news and we'll follow
this one up as Penny Simmons, the Minister is due
to meet we understand with aut today and hopefully she

(04:50):
goes with a message from the top down that this
stops now.

Speaker 2 (04:55):
And to just heaps of people sending us more and
more things from the Earthquake Commission to mb to Yeah,
there seems to be a lot of this stuff going on.

Speaker 4 (05:07):
The government doesn't really seem to be on top of
any of it. But when they heard us talk about
the Hawk's Bay District Health Board last week. They fixed
that straight away. So I guess you just.

Speaker 2 (05:20):
Could have sworn. There's people that you can send stuff
to a new area. What are they called MPs? That's right, No, no,
I just send it to us and we'll pass it on.
We're here to help, we rap right the old dream
of having your own home? Are we all still dreaming that?

Speaker 3 (05:34):
So I got a little bit of fizz in the
housing market, that's my prediction of it hasn't already started.
We're going to see it by Christmas. Agent commentary that
I'm getting rangers from. It's not quite there yet, but
open homes are busier, and the cash rate is making
a difference right through to those who are full on
hype merchants at the moment. And this is the last chance,
apparently to grab a bargain before it all takes off.
Now some of the major players are now offering, as

(05:56):
I'm sure you're aware, a mortgage rate fixed two years
below six percent, in fact nowadays well below six percent.
Big quandary is, of course, do you take it? Will
it go lower? How low will it go? But he
is the most valuable piece of information of all trade
me did some works and research. Home ownership is collectively
our biggest dream. We dream scroll. This is the thing,

(06:17):
dream scrolling. If you don't own, you want to own.
If you're already owned, you want to own more or better.
It is deep within the Kiwi psyche. And the interesting
thing is it's always been that way as far as
I can tell. I grew up thinking and believing that
owning your own home was a major step in the
journey to success, and it seems that hasn't changed, which
is good. The commentary has, of course, the commentary is
full of woe and misery about unaffordability and people giving up,

(06:40):
But in there has always been a number that defied
the theory. First home buyers, even through COVID, even through
the cost of living mess have remained the biggest group
of purchases. It's always about twenty five, twenty six, sometimes
twenty seven percent. Over a quarter of all sales at
all times involve people buying their first home. No matter
what the headlines about being locked out told you, that

(07:01):
hasn't changed. Sixty three percent from this research see owning
as an important step in life. Thirty two percent always
dreamed for rent as that number sixty six percent. Once
you understand that the profoundness of that level of desire
and thinking, housing will always be profitable, it will always
be affordable, always be an investment, be a path of retirement,

(07:22):
be a sense of satisfaction in place. When you dream,
you tend to make it happen. You tend to be
determined New Zealanders and housing. That's always been the clue
as to where the market is here.

Speaker 2 (07:34):
Guys, guys, guys, I'm here to tell your home ownership
anel All that's great about to be here out with
a big lawn and having to look after gardens and
stuff like that. Deal with kids wanting to hammer things
into walls. All right, Yeah, we've got to keep moving
on with the podcast.

Speaker 1 (07:54):
I suppose the rev.

Speaker 2 (07:56):
Now social media. It's social media. What can you say,
it's terrible, not good or for the worst thing that's
ever happened.

Speaker 3 (08:06):
Following with a little bit of interest in unfoldwing in
an appeals court in Washington, DC. At the moment, this
is the business of the State of America against TikTok,
and so what they're looking for is the divestiture of
TikTok from bike Dance TikToker running the argument that if
you make us do this, the company will close down,
and it's the end of free speeches, we know it,

(08:27):
and there's the First Amendment and all that sort of stuff.
The interesting point that was made yesterday, I've got some
sympathy with it. The platforms used by politicians and the
run up to this election felt hypocritical. If it were dangerous,
they wouldn't be there, which is actually not a bad argument.
But we must understand that it's the divestiture that's the issue,

(08:48):
not TikTok itself. So what the Americans are saying is
TikTok itself is just another social media platform, but the
fact that bike dances Chinese and controlled allegedly by the
Chinese government makes it dangerous. So if they sold TikTok
to me, they'd be happy with it. Meantime, Instagram has
announced this morning, I'll be fascinated to see that this

(09:08):
is workable, that they're going to park teen accounts teenagers
accounts in a special area tagged and limited. You can
unleash yourself a little bit, allegedly if you've got parental commission,
but permission everyone under eighteen creators included are going to
be put into a teen account. They can remain public

(09:30):
of the parent is involved and gives them permission and
are supervising the account. But they're pretty big changes the role.
That's not immediate. New users will be defaulted into these
accounts upon sign up. Existing teens teen users may not
see immediate changes. Many around the world aren't going to
see anything till next year. But this is their latest
attempt because the heat is on to try and tidy

(09:51):
their racked up.

Speaker 2 (09:51):
Oh well, that's good, all sorted. We don't have to worry
about social media anymore. That's fixed again, Moving.

Speaker 1 (09:58):
On the rewrap.

Speaker 2 (10:00):
So apparently there was an interview with Tory Funo yesterday
and it's certainly got Mike's eyebrows going up and up.

Speaker 3 (10:09):
Tory far now speaking of things that need to stop.
So I'm slightly sensitive to the subject of people's personal
finances now, having said that, she's a public figure and
she spends our money, and she's on the radio yesterday
morning and she tells Nick in Wellington that she sold

(10:31):
her car to make ends meet. So she's running along
the lines of first of all, that famous bike rack
that turns out to be a mistake. She openly admits
it's a mistake, so at least she's finally realized what
we all realize right from the start, that half a
million dollars for a bike rack, one that isn't used
to even for one that is used every day for
the rest of your life, is too much money. It's wasteful.
She then goes to defend that by saying it's really,

(10:53):
in the grand total of things, not that much, because
we've got billions of dollars, so it's half a million
really that much, and that in itself is of course
the problem. Then she goes and tells everybody how tough
times are, which of course is true. And because times
are tough, she's gone and so hold her car to
make ends meat. Now this is a woman who, and
I didn't know this, she won one point four million

(11:14):
dollars on lotto in two thousand and two. So one
point four million dollars on lotter in two thousand and two,
plus you uns one hundred and ninety thousand dollars a year,
and she still can't make ends meat. So this is
the slightly awkward bet in delving into people's personal circumstances
can I suggest if you can't make ends meat on

(11:34):
one hundred and ninety thousand dollars a year and you're
having to sell your car, you're probably not good with money. Now,
if you're not good with money, can I further suggest
you probably shouldn't be in charge of anybody else's So
how come you are?

Speaker 2 (11:48):
I'm a bit worried about this because Darling and Tanas
that have told us the same thing, didn't she when
we suggested that perhaps being suspended on form?

Speaker 3 (11:57):
Where are the dots there? Green Glenn? Where are the dots?

Speaker 4 (12:00):
What?

Speaker 2 (12:00):
Do we need some kind of financial advice for people.

Speaker 3 (12:03):
In the Green Party?

Speaker 2 (12:05):
Yes?

Speaker 3 (12:05):
Probably?

Speaker 2 (12:06):
Yeah? And then it's just isn't it. It just goes
to show that some people are just not good with money,
and some of those people belong to the Green Party. Again,
what can you say? I'm saying what can you say?
A lot? In this podcast today? What I can say
is thanks for listening, and I'll see you back here

(12:26):
again tomorrow for more.

Speaker 1 (12:35):
For more from News Talk st B, listen live on
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