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Speaker 1 (00:09):
You're listening to a podcast from news Talk said be
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The Rewrap, Idea.
Speaker 2 (00:23):
And Welcome to the Rewrap for Monday, all the best
bits from the Mike Hosking Breakfast on news doorgs. They'd
be in a sillier package. I'm Glenhart today. Compulsory key,
we say, though we don't really like doing compulsory anything
in New Zealand, do we know, especially not from the
day we're born. That seems to be what National's proposing here,
So we'll see how that goes down. With Mike asking
(00:45):
Moana pacifica more revelations about how dodgy some of their
financing has been, New Zealand Warriors seem to be back
into the groove of things, and Mike has finally got
round to having a look at his new fountain, which
was installed while he was away. But before any of that,
the brain drain has reversed. We've got behold the reverse
(01:08):
brain drain. What do you call that a brain fountain?
I don't know. Well.
Speaker 3 (01:12):
The most uplifting part of the weekend, apart from the Warriors,
of course, was the Stuff story quoting the head of
an Australian investment firm, confirming what is clearly already underway.
Either New Zealanders are now returning to New Zealand or
Australians seeing our country as a better option than theirs.
What's particularly uplifting. According to this bloke who's called Ed Carlson,
(01:32):
he runs Troubridge Capital. The people coming here are bright
and they are go getters. It cannot be overstated what
a gargantuan cock up the last Australian budget was. Although
it was delivered at the start of last month, the
fallout's been unrelenting and culminated last Thursday, as we report
it in a humiliating series of backdowns around capital gains,
(01:53):
taxes and who pays them. It is if they want
to look and learn a salutary lesson for the New
Zealand Labor Party. Taxing success is a direct pathway to
political ruin. It's an age old lesson capital and brain
power moves where it's best treated, and the reason it
does is because it can. Most of us don't mind
paying our fair share, of course, but all of us
have a subliminal line where when the unfairness and croaches,
(02:15):
we do something about it, Some might adjust their tax possession,
some move countries, And do not underestimate the narrative behind
all of this. I mean, how uplifting is it to
contemplate the idea that we are actually starting to outperform
Australia in terms of attractiveness. Can I also be a
little bit blunt and suggest that no small number of
kiwis that left for Australia in that mad post COVID
(02:36):
flight out might well have been at the lest useful
end of the spectrum and may well be languishing these
days and places like Queensland wondering why the large yes
of the state isn't quite what they thought it might be.
If they come from Australia and they bring money in
ideas and entrepreneurialism, we are off to the races. A
country that is a magnet is a country going places.
Last week's GDP showed us the tide has turned. This
(02:57):
current war period is course is going to hurt, but
for the rest of the year I think we're good
to go, and clearly, according to Ed I'm not the
only one who sees it.
Speaker 2 (03:05):
I'm a bit concerned about this because I've always argued,
you know, why would you want to move to Australia.
It's full of Australians and a lot of people don't
think to realize that until they get there and they go,
oh my god, I'm surrounded by Australians. But if this
is a reverse brain drain and they're starting to come here,
then we could be full of Australians as well, which
would be a disaster. The rewrap right this kei we
(03:26):
sab thing you're in or else. We don't like doing
business that way, do we in New Zealand.
Speaker 3 (03:33):
Once again I asked the question around policy in this
coming election. So the compulsory key we saber. So that's
a big change for the National Party. The National Party
were never really in favor of compulsion. I'm not in
favor of compulsion, but I am in favor of fixing
the never ending tedious debate we have around retirement savings
in this country and compulsion would of course fixed it.
(03:53):
And Australia can show you that, and Singapore can show
you that. So we're back into the compulsion. Next problem,
who is it in government over the years, who's gone
and introduced to policy around key? We saber or retirement
savings and then gone and mess with it. Oh that's right,
it's the national government. So are they good this time
around to put it in place and leave it alone?
(04:14):
Or you can't possibly say that. And if you can't
possibly say that, what's the point.
Speaker 2 (04:17):
The other thing that annoys me is that everybody disagrees
that it's foregone conclusion that you have to put the
retirement age up because we're living longer. I feel like
that we're not being rewarded for living longer. We're just
being told, oh, you've got to work longer now that
you live longer, rather than just have more retirement. It's
all like I mean, I've often said on this podcast,
(04:38):
it's all I've ever wanted to do is retire, and
I thought it was going to be better because I'd
be able to do it for longer. But now it
doesn't look that way, got it right, PACIFICA. It seems
like the more they look at this situation, the more
sort of artificially propped up. This team has been.
Speaker 3 (04:56):
One of PACIFICA. And this would be a message to
the NRL, who I note, by the way, the are
they called the perth Beers or the West. They are
called the Perth Beers. So anyway, they got Campsie over
the weekend as their recruitment guy, which I would have
thought to major coup. The reason I mentioned the Beers
is because I was going to mention P and G
and P and G is one of the great scandals
(05:17):
of modern sport, with the government money going into that
particular part of the world and extra salaries that aren't taxed,
and people living in compounds just so they can expand
the game. And that's what happens when you gerrymanner sport.
And the other example, of course this morning of gerrymandering
sport is once again another example of Mwana Pacifica saying
certain things that aren't true. So reportage this morning has
Mowana Pacifica and the three million dollar loan from Sport
(05:39):
New Zealand, our later correspondents referring to the loan as
a grant, which of course it wasn't. They also told
Sport New Zealand about being in a difficult financial space
for years, so they've been in trouble for years. The
problem is a lot of this is our money. The
next problem, with a lot of it being our money,
is we're never going to see the end of it,
and we're certainly not going to see it back. And
so one then goes back to the original problem. Was
(06:01):
it a good idea to use money other people's money
to fund a sports team based on an ideology that
wasn't necessary? And the answer, I think increasingly, if it
wasn't already no before, is very definitely know now.
Speaker 2 (06:18):
It's quite interesting as Australian rules football are going through
some agonese and anguish around this sort of thing because
they are determined to expand, whether the states they're expanding
into really want them or not, and it just hasn't
been successful in some places and they can't quite figure
(06:40):
out why. Fascinating to watch the rewrap. Of course, the
Narl expanded into New Zealand and we got the Warriors
and it's only taken about one hundred years for it
to finally look like it might just about becoming right.
Speaker 3 (06:56):
Hard work. I reckon what was the highlight of the
Warriors yesterday? I mean, what really was the highlight was
at the stadium? The crowd's so close, the noise so clear.
Was it those aerial shots of christ just as they
went to the break surely one of the great looking
New Zealand cities. Was it the halftime show Erlich and
Williams and co. Were the classics and the crowd going off?
Or or was it the loss to the Titans for
(07:17):
the Panthers which prevented the top of the table getting
an uncomfortable gap between them and us. See our loss
to the Panthers the other week was hardly a thing,
I thought, given it was only a couple of points.
But if the Panthers had run away with the competition,
it would have cemented in many people's minds. I thought
to myself that although we may well be there at
the end of the season, the chances of us winning
would be diminished. So the Titans took care of that.
(07:39):
You see, we were reminded once again any side in
the NRL can fall at any stage. But back to
the game, was there any doubt? I mean, we had
a mile of ball. Yes, the Cowboys could look good,
but then we looked good more often, didn't we. The
gap at halftime was fair, I thought. Couple of conversions
once again missed means the gap wasn't as good as
it could have been. But then, as so often, happens
these days. What was building in the first half gets
(08:02):
played out in the second. The better side comes to
the surface and the result becomes inevitable. Part of that
story is the conceit instancy. I mean, the warriors of
old are well and truly gone. What you see is
what you get, and you pretty much get it for
the whole eighty these days, and you're pretty much seeing
it week and week out these days as well. Nicol
klock start out, ze lesnie act ze Lesniak until Delan
joined in. Some of them might want to rethink their
(08:23):
hairstyles given the hair pulling that was going on. That
was weird, wasn't it. And of course if it didn't
look inevitable anyway, by the time they sent Tomalalo to
the bom it was pretty much over. So we march
on even the half decent size like the Cowboys clearly
aren't really in it anymore. A day to remember a
good game in a packed house in what looks to
me like the best facility for sport in the country. This,
(08:46):
without getting too far ahead of ourselves, is.
Speaker 2 (08:51):
So.
Speaker 1 (08:51):
Yes.
Speaker 2 (08:52):
The Husk speculated that him being out of the country
was one of the reasons the Warriors hadn't been winning
the last couple of weeks, and so now he's back,
everything returned to normal. Domestic manager had the same theory.
She ever watches the rugby and then seems like if
you if she does watch the rab the wrong team wins.
So you can guess what happened on Saturday night there.
(09:14):
The re rat was the other thing that happened while
the hospitals always that his fountain got installed on his
estate up north, and he's only just now had a
chance to see it.
Speaker 3 (09:24):
By the way, I saw my fountain for the first
time since I got back from holiday. Oh my god.
All I can say to you is, get yourself a fountain.
If you don't have a fountain, get yourself on.
Speaker 2 (09:37):
Is that where Trump's gone wrong with the reflecting slash ponds?
Speaker 3 (09:40):
Completely completely wrong. There's no fountain. I mean, I got,
I got all sorts of un cleaning the water. My
pond is clearer than the reflecting pond at Washington. It's
unbelievable pool or lake or whatever the hell it is.
Speaker 2 (09:53):
Is it too much to hope that the reflecting pool
causes Trump so much angst and anger that he literally,
you know, burst a blood vessel somewhere. Important hmm, preferently
on live television, is that I've gone too far. I've
(10:16):
probably gone too far yet, I reckon't. We don't. Nobody
wants that to happen anyway. We will see you back
here again. I'm sure it will happen in the next
twe four hours. We'll see you back here again tomorrow.
Speaker 1 (10:27):
The rerad or rerad for more from News talkst B.
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