May 26, 2025 • 12 mins
THE BEST BITS IN A SILLIER PACKAGE (from Tuesday's Mike Hosking Breakfast) Yes, They Are Related/What's Wrong with Warkworth?/Selling Off for a Tickle-Up/Leaving There for Here/Where Was I Anyway?
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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 (00:24):
The Rewrap and Welcome to the Rewrap for Tuesday, all
the best bits from the mic asking breakfast on news Talks.
Speaker 3 (00:31):
It'd be in a silly a package. I am Glen
Hart today.
Speaker 2 (00:34):
What's wrong with Warkworth? Or is there anything wrong with Warkworth?
Or there's nothing wrong with Warkworth? And that's what's wrong
with walk Worth. I'll explain shortly. Mike's still banging on
about Fonterra selling off all this stuff. People are fleeing
the United States of America.
Speaker 3 (00:53):
Where are they fleeing to?
Speaker 2 (00:55):
And where is the Reserve Bank at? I don't mean
with the OCR I just mean where actually is it?
But before any of that, where are they at with
the OCR?
Speaker 4 (01:05):
So tomorrow, of course Wednesday are the pressures on the
new Reserve Bank vill Governor, although given it's a committee,
he in theories more the messenger we have it is
reported increased calls for a fifty point cut. Now why
are because things are not flash A lot of commentary
if you read business results in the current reporting season,
tells us the recovery is underway. Things are looking better,
(01:25):
and certainly we can see, for example, retail spending numbers
produced just last Friday for the opening quarter of the
year are up, and in some parts of the sector
up quite a bit. We've seen manufacturing expanding for several
months in a row. So those are you effect based statistics.
The other measures like confidence, we see drops, We see
people in the doldrums. But that's a vibe. I mean,
can you find people who are in the doldrums? Of
(01:46):
course you can. But does a vibe lead to a
lack of action or a lack of spend or do
we just say one thing and do another. We also
read a lot about this uncertainty. The uncertainty is, of
course Trump. Trump is increasingly seen as insane, and it
may well all end in tears, I mean, threatening Europe
one day, then delaying it all till July. Against this,
the Reserve Bank governor has to work out is it
(02:06):
twenty five or is it fifty points of it it's fifty?
Does that gs all up? And out we go and
fire things up and then the next thing you know,
inflation's sparked up. Does he go twenty five and hint
at another twenty five and maybe even another twenty five.
What does he say about inflation? And it's uptick already,
not just here but globally. Do we have the growth
to support any such uptick? Is the uptick driven by
(02:27):
actual activity? Or still people just putting up prices? As
somebody said, who on earth would want to be a
reserve bank governor? And our one isn't even under the
constant threat of being sacked. We do think the Good
Lord indisputably have an export lead recovery of sorts meat, wine?
Can we fruit? They're doing the business, But that's over there,
I mean over here, We're still in a funk. So
what to do? Your move? Christian? No pressure then?
Speaker 3 (02:50):
So yes?
Speaker 2 (02:50):
In a classic example of two degrees of separation in
New Zealand or in this case, one degree, Christian Hawksby
might reveal on the show today, is Kay Hawksby's second cousin.
I'm not sure if that means he's related to Mike.
Can you if your wife is somebody's second cousin, are
they your second cousin too?
Speaker 3 (03:10):
Is that the way it works?
Speaker 2 (03:11):
I know it doesn't happen with in laws like you're
somebody else's brother in law isn't any relation to you.
Speaker 3 (03:19):
You know what it gets. It's very complicated being related
to people, isn't.
Speaker 1 (03:22):
It the rewrap?
Speaker 3 (03:23):
Yeah, my little intro.
Speaker 2 (03:24):
About Walkworth is very complicated too. I'm sorry about that.
When I said what's wrong with Walkworth? It's really really
good and that's what's wrong. Because I'll get Mike to explain.
Speaker 4 (03:37):
The media you might have noticed, has discovered Walkworth. Now.
Walkworth is the posted child for a number of different things.
For a while, it was the posted child for the
forgotten town when the new motorway passed by it and
the traveler no longer stopped. And now it is the
posted child for a region that is booming. But the
stuff that makes a place boom more hasn't been built,
so it's straining a bit, and the locals aren't happy. Locals, though,
(04:00):
are really happy, you might note, because Walkworth is like
lots of small places in this country that took off.
Those there in the early days liked it because no
one knew about it. Once they did know about it,
it would never be the same again. Warkworth is in
fact just a part of a wider region, which is
the real story, and the real story. As a group
of towns like Warkworth and Snell's Beach at Mattakana and
Omaha and maybe even Lee who form the Tavatnui Peninsula
(04:21):
a bit north of Aalkland. Actually that's part of the
story as well. It's not North Aalkland, it is Auckland.
It's thirty five ish minutes drive to the city center.
That's what a motorway extension will do for you. The
growth we now see, I mean the upset also reported
by the media over the oyster farms having to close
because of neurovirus. Told you about that the other day.
That's been coming for years. Growth isn't hard to see.
(04:42):
There's a subdivision on a hill just as you arrive
off the motorway, just as you turn off, when the
new motorway stops and the road to the far North
turns back into nineteen seventy three. There are literally hundreds
of plots of land six hundred squarish meters each, many
with new homes, most of them sold. The complaint, hence
the media, is the place can't cope. The infrastructure never
(05:02):
came with the consents, The water systems not up to it,
the sewage isn't up to it. The council knows this,
They've got a plan. The plan isn't sort of for
three more years, and three years of course the growth
will have gone next level and the council will have
the same trouble, except larger part of it. I thought
to myself yesterday, might be this is the same council
that took two years to give me a consent for
a pull, having lost the paperwork several times over. Maybe
(05:23):
it's in competence, But if you want an example of
how we cock things up despite the fact we see
the issue coming, try walk with and the surrounding region.
None of it was a surprise. All of it's been predicted,
and yet the dumpty doos still can't move with the times.
Speaker 2 (05:36):
You're really the only problem I have of Walkworth is
that people misspell it all the time. And again that's
not walk Worth's fault. It's not walk w A l
k Worth.
Speaker 3 (05:48):
Idiots. Stop spelling it that way. It makes you look stupid. Right, So,
as we know, our biggest company is Fonterra. Our biggest
company head is, isn't it.
Speaker 2 (05:59):
It's right up there anyway. I'm pretty sure it used
to be. If it isn't anymore anyway. They want to
make themselves a bit smaller by selling off the making
of things. They just want to sell the things that
get made into things.
Speaker 3 (06:13):
So what they're trying to.
Speaker 4 (06:14):
Do, right, So, Miles Hurrald, do you want coffee or
Miles Hurrele Miles hurrel So Fonterra they're building. I'm reading
in business desk yesterday. This is my ongoing fascination with
them offloading their commercial side, their consumer products. I'm against it.
I think it's a mistake. I've told Miles that. Miles
disagrees with me, and he said something like, Mike, you
(06:34):
wouldn't have a clue. You just run a radio show.
He's too polite to actually say that, but that's what
he was thinking. Anyway. He's building the strong support for
Farmer shareholders. They need a strong mandate to proceed with
the proposal, which is quite right quote unquote, And this
is why it's the quote of the day. If you're
getting fifty percent plus a tickle up, it doesn't really
(06:54):
give you the mandate or the endorsement. If you're getting
fifty percent plus a tickle up, I mean you wouldn't
sell your consumer division based on a tickleup? Would you
hey anyway? So they talked to a couple of shareholders.
One's called Lloyd. So it says they're not selling this
to pay off debt, and this is Lloyd's arm on
Lloyd's team. They're not selling this to pay off debt.
(07:14):
They're selling this because they don't know how to run it.
He and others had argued unsuccessfully in the past for
a functional split that would put Fontierra supply and processing
in one company, create a second entity to run the brands.
That's my argument. Meantime, Gary, who's from Cambridge. That gives
you an insight. Gary says he anticipated for himself about
four hundred thousand dollars of a shareholding. He says, I'm
(07:35):
seventy seven. I've got a lot of mates of the
same age. They're gonna take it and run. See now,
that's not the future is If you're just gonna take
it and run, especially after a tickle up, you're not
helping the country.
Speaker 3 (07:45):
Argue but at seventy seven, though.
Speaker 4 (07:48):
At seventy six, yeah, I can't blame it.
Speaker 3 (07:50):
You'd definitely take it.
Speaker 4 (07:50):
Take a tickle up, could take a tickle up, take
us four hundred thousand, and you're gonna run with it.
Speaker 3 (07:56):
We've got a little bit off topic. Bear something.
Speaker 2 (07:59):
Maybe we didn't, but yeah, isn't it like this company
deciding to do podcasts but because they're giving people access
to the radio show somebody else and then making the
podcasts and selling it, and we don't get any proceeds
from that?
Speaker 3 (08:21):
Is it like that? Probably isn't I don't really understand
how these things work rewrap now.
Speaker 2 (08:28):
I don't know if you've noticed, but things have gone
a little bit strange in the United States of America recently,
all sorts of things.
Speaker 3 (08:38):
There's all sorts of weird stuff going on.
Speaker 2 (08:39):
Not exactly sure what the common denominator is there, but
what is becoming increasingly common is people wanting to move
out of it.
Speaker 3 (08:46):
Out of the United States of America. Where are they
wanting to move too?
Speaker 4 (08:50):
Soly speaking of Europe, they did a massive survey of Americans,
over one hundred thousand Americans. They said, where do you
want to go if you want to leave the country.
This is not on holiday, This is to get the
hell out of the place. Twenty question assessment. Our main
reason that people want to move is for quote adventure,
enrichment and growth fifty six percent, so the US is
two conservative fifty three percent, so that's two divided. Forty
(09:12):
one percent think guns are a problem, so they want
to get away from that. Two thirds want to leave
by next year, twelve percent want to leave within six months,
thirty percent want to retire, eighteen percent want of digital
nomad visa, and seventeen percent say they were looking for
a skilled worker visa anyway where they want to go.
Costa Rica is ten, Portugal's one, Spain is two, the
(09:34):
UK three, Canada's four, Italy's five, Ireland six, Francs seven,
eight is Mexico nine. Good old in Z don't see
us up the top ten much anymore. So it's a
great reminder that although we might be a bit down
on the dumps at the time over various aspects of
our life, one of which we'll deal with after seven
(09:55):
o'clockless business of five hundred dollars of retail crime, anything
below that the police aren't looking at are legedly when
you come from the outside looking and we're still a
fantastic place.
Speaker 3 (10:03):
Your one small problem you won't be abut at the
bie house here. Of course, about that you can come here,
but you'll have to rent. Are you allowed to render house?
Presum you're allowed to render house anyway? Welcome, Welcome, right
thanking Americans? Are you left thinking the rerat?
Speaker 2 (10:21):
So we're all eyes as we started the podcast, all
eyes on the Reserve Bank and Christian hawksby and the
oc R and all that today.
Speaker 3 (10:31):
But just make sure you're looking at the right building though, Mike.
Speaker 4 (10:33):
The Reserve Bank is number two the terraces, not number one. Well,
that's probably why the male won't get there. I mean,
that'll be the problems. And everyone thinks it's number one.
I'll check that out. Are you sure you're right? I
don't want to seek and guess you. But I thought
it was number one, Treasury number one, Reserve Bank number two.
That doesn't strike me as right, because then are they
next door to each other across the road? Because one
is not next door to two.
Speaker 2 (10:53):
Some streets do do sort of sequential numbering, though, don't
they do?
Speaker 1 (10:56):
Like it?
Speaker 3 (10:56):
Wor colder sacks quite often do?
Speaker 4 (10:58):
Oh you go round in this like you started to,
beginning to go round?
Speaker 3 (11:01):
I describe the terrace as a colder sex.
Speaker 4 (11:03):
It's certainly not a colder sect. There's no way, it's cold.
Speaker 3 (11:05):
I sort of think of Wellington as one big colder sect.
Speaker 4 (11:07):
And certainly the city is a cold but the terrace
specifically is not a culder set.
Speaker 2 (11:10):
Well, the one way streets you drive around around and around,
and then you sort of ended up not where you
were meaning to go.
Speaker 4 (11:15):
It all came floating back to me. You're right, so
number one's Treasury. Number two is the RB because I
went to Treasury many many years ago and as directly
across the road. You're right, because I went to the building.
It's one of those buildings that was at the end
of Treasury. It's just down by where Radio and New
Zealand used to be and the Parliament. And I went
into the building. I thought, I've never been in this
building before, and it was a very nice building. Whether
the bit the Treasury was, it was very nice building.
Speaker 3 (11:36):
And I thought, Jesus, fancy fancy lobby. Did it have
a fancy lobby.
Speaker 4 (11:40):
It had a fancy lobby, and it was very Wellington
and it's old woo woodish sort of fanciness. I went
to lunch with Don Brash once too, and that reminded
me too, and he invited a series of it. It's
not just me to a lunch in his boardroom when
he was the governor of the Reserve Bank. So I've
been to Number one and to the terrace. I've been around, ah, but.
Speaker 3 (12:04):
You couldn't quite remember which one was working.
Speaker 4 (12:06):
I didn't quite remember which was which. But that's not
the first was a lie. L was doesn't like you exactly.
That's not first time that's happened to me.
Speaker 2 (12:10):
Oh the times I've been places and then been invited
back to those places and they haven't been able to
remember how to get there, even though I'd been there before.
It's amazing I was invited back there actually only to apologize. Right, Okay,
just because they're easy joke just doesn't mean I'm too
flesh to make them. And I'll make some more of
(12:31):
them tomorrow on another rewrap.
Speaker 3 (12:34):
I'll see you there.
Speaker 1 (12:42):
For more from News Talks at b Listen live on
air or online, and keep our shows with you wherever
you go with our podcasts on iHeartRadio.
You're listening to a podcast from News Talk zed B.
Follow this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:24):
The Rewrap and Welcome to the Rewrap for Tuesday, all
the best bits from the mic asking breakfast on news Talks.
Speaker 3 (00:31):
It'd be in a silly a package. I am Glen
Hart today.
Speaker 2 (00:34):
What's wrong with Warkworth? Or is there anything wrong with Warkworth?
Or there's nothing wrong with Warkworth? And that's what's wrong
with walk Worth. I'll explain shortly. Mike's still banging on
about Fonterra selling off all this stuff. People are fleeing
the United States of America.
Speaker 3 (00:53):
Where are they fleeing to?
Speaker 2 (00:55):
And where is the Reserve Bank at? I don't mean
with the OCR I just mean where actually is it?
But before any of that, where are they at with
the OCR?
Speaker 4 (01:05):
So tomorrow, of course Wednesday are the pressures on the
new Reserve Bank vill Governor, although given it's a committee,
he in theories more the messenger we have it is
reported increased calls for a fifty point cut. Now why
are because things are not flash A lot of commentary
if you read business results in the current reporting season,
tells us the recovery is underway. Things are looking better,
(01:25):
and certainly we can see, for example, retail spending numbers
produced just last Friday for the opening quarter of the
year are up, and in some parts of the sector
up quite a bit. We've seen manufacturing expanding for several
months in a row. So those are you effect based statistics.
The other measures like confidence, we see drops, We see
people in the doldrums. But that's a vibe. I mean,
can you find people who are in the doldrums? Of
(01:46):
course you can. But does a vibe lead to a
lack of action or a lack of spend or do
we just say one thing and do another. We also
read a lot about this uncertainty. The uncertainty is, of
course Trump. Trump is increasingly seen as insane, and it
may well all end in tears, I mean, threatening Europe
one day, then delaying it all till July. Against this,
the Reserve Bank governor has to work out is it
(02:06):
twenty five or is it fifty points of it it's fifty?
Does that gs all up? And out we go and
fire things up and then the next thing you know,
inflation's sparked up. Does he go twenty five and hint
at another twenty five and maybe even another twenty five.
What does he say about inflation? And it's uptick already,
not just here but globally. Do we have the growth
to support any such uptick? Is the uptick driven by
(02:27):
actual activity? Or still people just putting up prices? As
somebody said, who on earth would want to be a
reserve bank governor? And our one isn't even under the
constant threat of being sacked. We do think the Good
Lord indisputably have an export lead recovery of sorts meat, wine?
Can we fruit? They're doing the business, But that's over there,
I mean over here, We're still in a funk. So
what to do? Your move? Christian? No pressure then?
Speaker 3 (02:50):
So yes?
Speaker 2 (02:50):
In a classic example of two degrees of separation in
New Zealand or in this case, one degree, Christian Hawksby
might reveal on the show today, is Kay Hawksby's second cousin.
I'm not sure if that means he's related to Mike.
Can you if your wife is somebody's second cousin, are
they your second cousin too?
Speaker 3 (03:10):
Is that the way it works?
Speaker 2 (03:11):
I know it doesn't happen with in laws like you're
somebody else's brother in law isn't any relation to you.
Speaker 3 (03:19):
You know what it gets. It's very complicated being related
to people, isn't.
Speaker 1 (03:22):
It the rewrap?
Speaker 3 (03:23):
Yeah, my little intro.
Speaker 2 (03:24):
About Walkworth is very complicated too. I'm sorry about that.
When I said what's wrong with Walkworth? It's really really
good and that's what's wrong. Because I'll get Mike to explain.
Speaker 4 (03:37):
The media you might have noticed, has discovered Walkworth. Now.
Walkworth is the posted child for a number of different things.
For a while, it was the posted child for the
forgotten town when the new motorway passed by it and
the traveler no longer stopped. And now it is the
posted child for a region that is booming. But the
stuff that makes a place boom more hasn't been built,
so it's straining a bit, and the locals aren't happy. Locals, though,
(04:00):
are really happy, you might note, because Walkworth is like
lots of small places in this country that took off.
Those there in the early days liked it because no
one knew about it. Once they did know about it,
it would never be the same again. Warkworth is in
fact just a part of a wider region, which is
the real story, and the real story. As a group
of towns like Warkworth and Snell's Beach at Mattakana and
Omaha and maybe even Lee who form the Tavatnui Peninsula
(04:21):
a bit north of Aalkland. Actually that's part of the
story as well. It's not North Aalkland, it is Auckland.
It's thirty five ish minutes drive to the city center.
That's what a motorway extension will do for you. The
growth we now see, I mean the upset also reported
by the media over the oyster farms having to close
because of neurovirus. Told you about that the other day.
That's been coming for years. Growth isn't hard to see.
(04:42):
There's a subdivision on a hill just as you arrive
off the motorway, just as you turn off, when the
new motorway stops and the road to the far North
turns back into nineteen seventy three. There are literally hundreds
of plots of land six hundred squarish meters each, many
with new homes, most of them sold. The complaint, hence
the media, is the place can't cope. The infrastructure never
(05:02):
came with the consents, The water systems not up to it,
the sewage isn't up to it. The council knows this,
They've got a plan. The plan isn't sort of for
three more years, and three years of course the growth
will have gone next level and the council will have
the same trouble, except larger part of it. I thought
to myself yesterday, might be this is the same council
that took two years to give me a consent for
a pull, having lost the paperwork several times over. Maybe
(05:23):
it's in competence, But if you want an example of
how we cock things up despite the fact we see
the issue coming, try walk with and the surrounding region.
None of it was a surprise. All of it's been predicted,
and yet the dumpty doos still can't move with the times.
Speaker 2 (05:36):
You're really the only problem I have of Walkworth is
that people misspell it all the time. And again that's
not walk Worth's fault. It's not walk w A l
k Worth.
Speaker 3 (05:48):
Idiots. Stop spelling it that way. It makes you look stupid. Right, So,
as we know, our biggest company is Fonterra. Our biggest
company head is, isn't it.
Speaker 2 (05:59):
It's right up there anyway. I'm pretty sure it used
to be. If it isn't anymore anyway. They want to
make themselves a bit smaller by selling off the making
of things. They just want to sell the things that
get made into things.
Speaker 3 (06:13):
So what they're trying to.
Speaker 4 (06:14):
Do, right, So, Miles Hurrald, do you want coffee or
Miles Hurrele Miles hurrel So Fonterra they're building. I'm reading
in business desk yesterday. This is my ongoing fascination with
them offloading their commercial side, their consumer products. I'm against it.
I think it's a mistake. I've told Miles that. Miles
disagrees with me, and he said something like, Mike, you
(06:34):
wouldn't have a clue. You just run a radio show.
He's too polite to actually say that, but that's what
he was thinking. Anyway. He's building the strong support for
Farmer shareholders. They need a strong mandate to proceed with
the proposal, which is quite right quote unquote, And this
is why it's the quote of the day. If you're
getting fifty percent plus a tickle up, it doesn't really
(06:54):
give you the mandate or the endorsement. If you're getting
fifty percent plus a tickle up, I mean you wouldn't
sell your consumer division based on a tickleup? Would you
hey anyway? So they talked to a couple of shareholders.
One's called Lloyd. So it says they're not selling this
to pay off debt, and this is Lloyd's arm on
Lloyd's team. They're not selling this to pay off debt.
(07:14):
They're selling this because they don't know how to run it.
He and others had argued unsuccessfully in the past for
a functional split that would put Fontierra supply and processing
in one company, create a second entity to run the brands.
That's my argument. Meantime, Gary, who's from Cambridge. That gives
you an insight. Gary says he anticipated for himself about
four hundred thousand dollars of a shareholding. He says, I'm
(07:35):
seventy seven. I've got a lot of mates of the
same age. They're gonna take it and run. See now,
that's not the future is If you're just gonna take
it and run, especially after a tickle up, you're not
helping the country.
Speaker 3 (07:45):
Argue but at seventy seven, though.
Speaker 4 (07:48):
At seventy six, yeah, I can't blame it.
Speaker 3 (07:50):
You'd definitely take it.
Speaker 4 (07:50):
Take a tickle up, could take a tickle up, take
us four hundred thousand, and you're gonna run with it.
Speaker 3 (07:56):
We've got a little bit off topic. Bear something.
Speaker 2 (07:59):
Maybe we didn't, but yeah, isn't it like this company
deciding to do podcasts but because they're giving people access
to the radio show somebody else and then making the
podcasts and selling it, and we don't get any proceeds
from that?
Speaker 3 (08:21):
Is it like that? Probably isn't I don't really understand
how these things work rewrap now.
Speaker 2 (08:28):
I don't know if you've noticed, but things have gone
a little bit strange in the United States of America recently,
all sorts of things.
Speaker 3 (08:38):
There's all sorts of weird stuff going on.
Speaker 2 (08:39):
Not exactly sure what the common denominator is there, but
what is becoming increasingly common is people wanting to move
out of it.
Speaker 3 (08:46):
Out of the United States of America. Where are they
wanting to move too?
Speaker 4 (08:50):
Soly speaking of Europe, they did a massive survey of Americans,
over one hundred thousand Americans. They said, where do you
want to go if you want to leave the country.
This is not on holiday, This is to get the
hell out of the place. Twenty question assessment. Our main
reason that people want to move is for quote adventure,
enrichment and growth fifty six percent, so the US is
two conservative fifty three percent, so that's two divided. Forty
(09:12):
one percent think guns are a problem, so they want
to get away from that. Two thirds want to leave
by next year, twelve percent want to leave within six months,
thirty percent want to retire, eighteen percent want of digital
nomad visa, and seventeen percent say they were looking for
a skilled worker visa anyway where they want to go.
Costa Rica is ten, Portugal's one, Spain is two, the
(09:34):
UK three, Canada's four, Italy's five, Ireland six, Francs seven,
eight is Mexico nine. Good old in Z don't see
us up the top ten much anymore. So it's a
great reminder that although we might be a bit down
on the dumps at the time over various aspects of
our life, one of which we'll deal with after seven
(09:55):
o'clockless business of five hundred dollars of retail crime, anything
below that the police aren't looking at are legedly when
you come from the outside looking and we're still a
fantastic place.
Speaker 3 (10:03):
Your one small problem you won't be abut at the
bie house here. Of course, about that you can come here,
but you'll have to rent. Are you allowed to render house?
Presum you're allowed to render house anyway? Welcome, Welcome, right
thanking Americans? Are you left thinking the rerat?
Speaker 2 (10:21):
So we're all eyes as we started the podcast, all
eyes on the Reserve Bank and Christian hawksby and the
oc R and all that today.
Speaker 3 (10:31):
But just make sure you're looking at the right building though, Mike.
Speaker 4 (10:33):
The Reserve Bank is number two the terraces, not number one. Well,
that's probably why the male won't get there. I mean,
that'll be the problems. And everyone thinks it's number one.
I'll check that out. Are you sure you're right? I
don't want to seek and guess you. But I thought
it was number one, Treasury number one, Reserve Bank number two.
That doesn't strike me as right, because then are they
next door to each other across the road? Because one
is not next door to two.
Speaker 2 (10:53):
Some streets do do sort of sequential numbering, though, don't
they do?
Speaker 1 (10:56):
Like it?
Speaker 3 (10:56):
Wor colder sacks quite often do?
Speaker 4 (10:58):
Oh you go round in this like you started to,
beginning to go round?
Speaker 3 (11:01):
I describe the terrace as a colder sex.
Speaker 4 (11:03):
It's certainly not a colder sect. There's no way, it's cold.
Speaker 3 (11:05):
I sort of think of Wellington as one big colder sect.
Speaker 4 (11:07):
And certainly the city is a cold but the terrace
specifically is not a culder set.
Speaker 2 (11:10):
Well, the one way streets you drive around around and around,
and then you sort of ended up not where you
were meaning to go.
Speaker 4 (11:15):
It all came floating back to me. You're right, so
number one's Treasury. Number two is the RB because I
went to Treasury many many years ago and as directly
across the road. You're right, because I went to the building.
It's one of those buildings that was at the end
of Treasury. It's just down by where Radio and New
Zealand used to be and the Parliament. And I went
into the building. I thought, I've never been in this
building before, and it was a very nice building. Whether
the bit the Treasury was, it was very nice building.
Speaker 3 (11:36):
And I thought, Jesus, fancy fancy lobby. Did it have
a fancy lobby.
Speaker 4 (11:40):
It had a fancy lobby, and it was very Wellington
and it's old woo woodish sort of fanciness. I went
to lunch with Don Brash once too, and that reminded
me too, and he invited a series of it. It's
not just me to a lunch in his boardroom when
he was the governor of the Reserve Bank. So I've
been to Number one and to the terrace. I've been around, ah, but.
Speaker 3 (12:04):
You couldn't quite remember which one was working.
Speaker 4 (12:06):
I didn't quite remember which was which. But that's not
the first was a lie. L was doesn't like you exactly.
That's not first time that's happened to me.
Speaker 2 (12:10):
Oh the times I've been places and then been invited
back to those places and they haven't been able to
remember how to get there, even though I'd been there before.
It's amazing I was invited back there actually only to apologize. Right, Okay,
just because they're easy joke just doesn't mean I'm too
flesh to make them. And I'll make some more of
(12:31):
them tomorrow on another rewrap.
Speaker 3 (12:34):
I'll see you there.
Speaker 1 (12:42):
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