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August 31, 2025 88 mins
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Speaker 1 (00:00):
New Zealand's home for trusted news and views.

Speaker 2 (00:03):
The Mike Hosking Breakfast with Rainthrover Leaguing by Example, News
togs d and Welcome to Day.

Speaker 3 (00:09):
The Police Commissioner on some very encouraging crime stats, as
James me the savior of Regional Airlines as he comes
to the party with some money, The PM on merge
Departments and the Quickly or Shambles are the lads in
the commentary box after WRT Richard Arnold Steve Price. They
offer world class coverage as well, asking welcome to spring.
The spring of twenty five a seven past six now

(00:29):
rhetorical question obviously, but why do you think Neil quickly
quit on a Friday? The key is he would have
been booted if he didn't walk, and so sort of
ians sort of a shambolic and shameful period for which
we well for what should be one of our most
esteemed institutions. Between Or and mainly Or and Quigley, they've
made a joke of the Reserve Bank. What should have

(00:51):
happened is simple, when the government decided rightly that the
gargantuan amount of money Or wanted to run as fivedon
was never going to fly, or should have in an
adult way stated he disagreed, and he disagreed to the
point he could not see himself continuing in the job.
He would then resign. They would organize a nice but
frugal farewell morning tea, and that would have been that.

(01:11):
But what actually happened was or Chuckter's toys yelled and
stamped his feet to the extent that the chair quickly
had to write to war. All this was also kept
secret until the Official Information Act in the oldwardsmen forced
their hand and exposed them for the bunch of egotistical
babies they are. Quickly was yelling at Treasury, or was
yelling at Will as deals were looking to be done,
letters and proof was looking to be binned. Checks were

(01:31):
being written to make it all go away. Irony of ironies,
lest we forget this is the same group of clowns
who buried the economy in the whole were still trying
to get ourselves out of years after COVID so they
couldn't do the job. They stuck the place, then packed
massive sads. When their rain shower of funding was getting rectified,
started a big tanty scrap with various departments and ministers

(01:53):
then tried to cover it all up, how I missed
anything or vanished with the money, never to be heard
from again. Quickly, to his credit, hung around, made a
few public appearances, tried to paint a picture of normality
until the mwardsmen undid him last week, and that was
that they really are an embarrassing, shambolic mess. Side note,
it is also why I assume Christian Hawksby stands zero

(02:14):
chance of getting all his old job. He's fatally linked
to this period of mayhem as well. We'd be glad
to see the back of them if it wasn't for
the fact we're still trying to clean up the mess
and every one of us is paying the bill.

Speaker 1 (02:27):
News of the world in ninety seconds us.

Speaker 3 (02:30):
In Britain once again involves these migrant hotels and namely
epping having won in court, the councils now had that
victory overturned by the government who took it to appeal
the churches now way.

Speaker 4 (02:40):
Mister Farrage is saying the things he's saying, but he
is not offering any long term to solution to the
big issues which are convulsing our world which lead.

Speaker 3 (02:51):
To this, and the government agree with the Archbishop.

Speaker 1 (02:54):
Nigel Farage in the fall. They don't actually want to
sort this problem.

Speaker 5 (03:00):
Do you think that political interests us by whipping anger rather
than fixing.

Speaker 3 (03:05):
As regards reform, it would book them all out to Afghanistan.
Of course they're not thrilled.

Speaker 6 (03:09):
I'm a Christian, I enjoy the church, I believe in
in God. But no, the role of the archbishop is
not actually to interfere with international migration policies.

Speaker 3 (03:21):
Related issue states i'd namely crime and trouble. The crackdown
has begun in Washington. The US Attorney Piro, formerly of Fox,
doesn't like what she sees. This is about crime, This
is about protecting the public.

Speaker 7 (03:32):
You know they talk about the shining city on the Hill.

Speaker 1 (03:35):
Well, this shining city on the Hill is upside down.

Speaker 3 (03:38):
Meantime, Governor Pritzker, who's been hammer and tongs with Trump
over the National Guards, doesn't want them at his place
in Illinois.

Speaker 8 (03:44):
We don't want troops on the streets of American cities.

Speaker 1 (03:47):
That's un American.

Speaker 8 (03:48):
And frankly, the President of the United States art to
know better.

Speaker 1 (03:52):
This one doesn't seem to it.

Speaker 3 (03:53):
As regards the Middle East, don't figure a ceasefire, truth
and complete cessation of hatred must be close. Because Gret
has hopped on board another floatiller.

Speaker 9 (04:02):
That plan is for these boats twenty odds to go towards.

Speaker 10 (04:09):
The coast of Gaza carrying aid, and along the route
they expect to be joined by more little.

Speaker 3 (04:17):
Boats little boats. Finally, as speaking of boats, Ewan, Jamie
and Lachlan they've completed one hundred and thirty nine days
at sea, rowing a just shy of fifteen thousand kilometers.
They went from Peru to Australia. They became the first
team ever to row the Pacific from South America. They
were in a self built if one inspired carbon fiber boat.
Survived off fresh fish and some free dried meals. By

(04:39):
doing it one hundred and thirty nine days, they big
the time of a Russian bloke. This was back in
twenty fourteen, but he was only one person in there three,
so I don't think that really counts. I don't even
know why I told you about It's not that goody.
Here's the world in nineteen Do you want some inflation
numbers or I've got some core inflation for the States.
We'll talk more about it with griggles in a moment
two point nine percent for July, a little bit higher
than June. Germany they found a bit of an inflation

(05:00):
two higher and higher than expect it at two point
one for August, which puts some pressure on the European
Central Bank to press ahead with the cuts September meeting.
We stand by for twelve past.

Speaker 2 (05:11):
Six the Mike Asking Breakfast Full Show podcast.

Speaker 1 (05:17):
On iHeartRadio power by News Talk Zippy.

Speaker 3 (05:22):
Good news for Menda. You're in the sooner we do
the FTA the better and Modi's in China and we'll
come to that later. But more importantly, they produce their
GDP figure. They thought it would be six point seven,
which is, you know, stratospheric at the best of times,
but in fact came in it seven point eight. Fifteen
past six.

Speaker 1 (05:37):
She's just got dad now.

Speaker 3 (05:39):
Greg Smith is with us from Generate Investment Management, which
Greg means you have a new job as of this morning.

Speaker 11 (05:47):
I do.

Speaker 12 (05:48):
Yeah, it's actually Generates. So they're a leading Kiwi saber
and wealth management. This is so very excited to be
joining them. Around about nine billion dollars for for Kiwi.

Speaker 3 (05:57):
So good on you.

Speaker 12 (05:58):
Yeah, veriable George Todd, but suber excited to be joining Generate.

Speaker 3 (06:02):
We got a nice desk in an office and stuff.

Speaker 12 (06:04):
Yeah, I think so it looks pretty good.

Speaker 3 (06:05):
But I'm good on you all. Right now, the tariffs,
they didn't go well over the weekend for Donald.

Speaker 12 (06:09):
Yeah, that's right, So was it all a bad dream?

Speaker 1 (06:11):
You know?

Speaker 12 (06:11):
The US Court of Appeals over ruled that Trump stepped
out side as authority in imposing country tariffs and only
Congress can do it, so they're going to remain in place.
On mid October, he's going to go to the Supreme Court.
Trump and George W. Bush nomin and these are the majority.
But look, there's no guarantee they'll side with him. So
might need a change of tech, you know, back towards
sort of sector specific tariff so they remain safe from

(06:33):
them ruling. So yeah, quite major implications, Mike, Before the
rolling tariffs are going to effect seventy percent of use
of goods and ports could be just over fifteen percent
with this, with this ruling, and if it sticks, so
why ranging implications, particularly for inflation, Yeah, which is not
exactly soaring, but he has been picking up, so the
core personal consumption expensures gauge that two point nine percent

(06:55):
year on year in the data print on Friday, and
that's a high since February, so fear as we know,
they target inflation of two percent. So I still expected
the cut this month, but there might be some questions
about that. I'll be looking at the jobs numbers on Friday.
Consumers still have their wallets out, spending out half percent
on the months, and tariffs aren't exactly putting Americans off

(07:16):
imports or helping the coffers. The trade deficit that was
actually out twenty two percent to a one hundred and
three point six billion last month, and that was due
to imports largely, which increased almost nineteen billion dollars. So
it remains some debate mic over who's actually going to
pay for Trump's tariffs and how this is all.

Speaker 13 (07:33):
Going to play out.

Speaker 3 (07:34):
Yeah, what about the consumer though they are a little
more cautious. What's what's the.

Speaker 12 (07:37):
Becoming a bit more cautious? Yeah, this is this is
the University of Michigan Consumer Sentiment Index. So that was
down six percent on July. So it's still up around
about eleven percent from the after math of Liberation Day,
but it's down fourteen percent from a year ago. So
concerns have the economy, business, job conditions, and that's all
declined in terms of the reading jear whether it's a

(07:58):
good time to buy a made your household item that
dipped as well to the last in a year. A
lot of us it's all about your higher price. It's
inflation expectations. They moved up from four and a half
percent last month to four point eight percent, so yeah,
the consumers are becoming concerned. It seemed also coming through
in some of the retailers results. So GAP obviously are
pretty well known. Ant revenue is up just one percent

(08:19):
three point seven billion. As we have noted, there into
a two year turnaround. Planer're trying to get some relevance
back ticking the genes markets better and Denham campaign might
you might have seen that we've got eight billion impressions
number one search on tiktop. But yeah, overall sales outlooked
very modest, one to two percent growth just on tariffs.

Speaker 14 (08:36):
Gap seeds a tariff.

Speaker 12 (08:37):
Impact between one hundred and fifty and one hundred and
seventy five millions. That's pretty relevant given their earnings we
were in about two sixteen million, and also Kedipillay came
out and they see a tariff impact of one point
five to one point eight billion dollars in twenty twenty five.
So the American consumers aren't the only ones that will
be hanging around to see whether we get tariffs, whether

(08:58):
they had staying on in a few months time.

Speaker 3 (09:00):
All right, now, the port of towerong and we know
we love it's another good result and good on them.
But this this this delay thing, I mean, when does
that ever seen the end of the light at the
end of the tunnel. Yeah?

Speaker 12 (09:11):
Absolutely, I mean we just want to resolve, don't we.
So yeah, the years are up two percent strong as
old as you mentioned, driven by agreed containing volumes up
five point three percent. Kiwi fruit that saw a record
season up to thirty one percent terms of volumes. But yeah,
they made no bones about their frustration with the delayed
resource content for the Stellar Passage development judicial review put
on hold last week. It seems down to the fact

(09:33):
that the Mount Morgan Wolf extension was left off. Seems
a major booboo. It was well known that that was
going to be including the project. So yet they've outlined
the cost of the Kiwi economy. They've been turning away
ship and services might propose new service to the Americas
that was recently the client that would have provided Kiwi
imporse and exports of estimate sixty five to ninety million

(09:55):
per annum and international freight savings. So, look, it is
costing the economy. I guess the questions is it costing
US tens of millions or was it one hundreds of
millions of dollars? So we really need to get the sort.

Speaker 3 (10:05):
Of we do. What are the numbers? So the Dow
was actually down.

Speaker 12 (10:09):
On that news on the tariffs in the court on Friday,
down point two percent four five five four four s
and P five and a down point six percent six
four sixty. So it's fourth winning month, up two percent
in August. Also, by the way, the Russell two thousand
small cap in August up seven percent. NAR's Dock down
one point two percent on Friday for two down point
three percent, as was the Nickey ASEX two hundred down

(10:29):
point one percent. INSIDEX fifty we were a bit of
an outline.

Speaker 3 (10:32):
We were higher.

Speaker 12 (10:32):
We're at point two percent twelve nine to thirty. Some
st had a good session as well as the Port
Gold up thirty bucks three four four seven an ounce
oil and down fifty nine cents sixty four even. Currencies
against the US K fifty eight point nine, up slightly,
also up against the IZ ninety point one. Also up
against the British pound forty three point seven and Japanese

(10:53):
yen eighty six point seven this week, Mike, what's going on?
The evening? Season's done locally, but we're go building permits,
Export data number auction, I'm sure EU inflation, OSSI, cally GDP,
We've got PMI and of course we've got the use
non farm payrolls. And on the earnings front, we've still
got some trickling through. On the global sides, we've got
Salesforce Hulett Packard of Broadcom and Lululemon.

Speaker 3 (11:14):
Enjoy your first art the office.

Speaker 6 (11:15):
Go well.

Speaker 3 (11:16):
Gregg Smith from Generate Wealth and Kiwi Saber Specialists asking
what can I tell you about met life? Very nice, indeed,
thank you. Robust sales profit is up twenty five percent.
They call it a strong result. You couldn't disagree. Operating
revenue up nine and a half percent, Total assets up
five hundred and eighty eight million dollars to six point
nine to six billion sound like good numbers to me,

(11:36):
six twenty one at Newstalk ZB good.

Speaker 2 (11:40):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks EDB.

Speaker 3 (11:46):
If you missed it over the weekend, another Shinawatra got
booted out of power in Thailand constitutional court. That's the
fifth PM they booted out in seventeen years. Perhaps more
importantly here, Mike the Warrior will end up playing the
Panthers will lose to manly with the lack of ability.
You put points on teams hurt us in points of difference.
Even if the Warriors somehow win, both Sharks and Broncos

(12:08):
will not lose in the Panthers will smoke the Warrior
season over, thank you very much. But that the only
upside of the weekend. And I can't even be bothered
talking about that. Was it wasn't it thing? Because who cares?
When four plays fourteen? You don't end up that tight,
and if you do, it's your own fault. The only
thing I draw any hope out of is I did
say we'd win three or four, which will mean we're
on thirty six, which I think is going to happen

(12:30):
because we will win this weekend. But whether that's enough
for the four, I don't know. But the lesson out
of it all is, of course that you can be
potentially in the top four and still have zero hope
of winning the competition. So really you've got three sides
that are good and all the rest aren't. Sex twenty
five trending.

Speaker 2 (12:46):
Now with one square house, you're one star for Father's
Day fragrance.

Speaker 3 (12:50):
Now if one zan four, it's a shambles piastre one.
The stap and game second hadga brilliant. Cad started fourth,
held his place, didn't watch Norris. His whole car blew up,
and so Liam sadly twelfth because he wasn't the points
for most of the rights. But he and Carlos Science
came together, not badly. It was just a billy at touched,

(13:11):
but they both got punctures and they had to go pit.
Stuart said Science was at fault. Liam was a hit
at the API, so Science was given a ten second penalty.
He thought that was well deserved.

Speaker 14 (13:21):
Are you joking?

Speaker 13 (13:23):
You're joking?

Speaker 14 (13:24):
Love it.

Speaker 1 (13:24):
He's almost ridiculous to go thirty by life.

Speaker 3 (13:26):
It's not really. He had some words for Liam too
after the.

Speaker 15 (13:29):
Rice raising a guy that is not the first time
that we see him exposing himself to having an incient
with another driver, just to make sure there's not even
a side by side action. I've raised multiple multiple guys
around this drug in turn one, multiple quality guys that
allow for our side by side movement like that.

Speaker 12 (13:47):
Enough.

Speaker 15 (13:47):
Today I chose to have that side by side line
with someone that prefers not to have it and prefers
to risk an incient and risk losing so many points.
Very frustrating, very disappointed.

Speaker 3 (13:59):
He's having a season, so he's now taking it out
on Liam. He said he'd be talking to lie when
he had a chance. Actually, Liam had some thoughts.

Speaker 10 (14:05):
I mean, it just sucks, sucks for both of us,
and it's obviously not you know, not my intention, but
it's lap one on a restart, you know, for it
to be his corner, he has to be ahead. At
the Apex. He wasn't anywhere near that today. So yeah,
it just sucks for for us, but obviously for Isaac
on the other side of the garage, tav a podium
is very very cool, you know, it's great for the

(14:26):
Team's great for Isaac.

Speaker 3 (14:28):
Liam is irrefutably correct you will see it if you
haven't seen it already.

Speaker 16 (14:32):
He was.

Speaker 3 (14:32):
He was well ahead in scientists, completely and utterly in
the wrong. So apart from that, Liam did really well.
If you missed it P one, P two he was fifth.
In P one he was fast. He went backwards a
bit as I say, qualified eighth, he was seventh and
P two So they're there or thereabouts and Hedger had
had the race of his life. Now other matters, emergency housing,

(14:55):
we got some issues around, some numbers, some fresh numbers.
Some people will go, oh my god, what's gone wrong?
Other people will go, well, we've got a perfectly acceptable
explanation for all of us. We'll talk to Bernie Smith about.

Speaker 2 (15:05):
This next, setting the agenda and talking the big issues.
The Mike HARKing breakfast with Bailey's real Estate covering all
your real estate needs news Togsdad be.

Speaker 3 (15:15):
Well, he Mic create summary of the Reserve bank. But
you forgot the huge salaries they got pay thank you, Graham.
Mike read the port of towering or extension. Where are
we at with the fast track? Well, as Greg alluded to,
they missed the fast track. The fast track would have helped,
but it doesn't excuse the nonsense that's gone on and
continues to go on judicially to prevent a good business
trying to do more business. And that's fundamentally. If you

(15:37):
want an example of everything that's wrong with this country,
have a look at the story of port of Towering
and read it up and just go, I wonder why
we are where we are? Mike, love you show. I
see an excellent piece in the Sunday Start Times by
Sam Stubbs endorsing your view about Fonterra selling its brands. Yeah,
that it was a very good piece. I like Sam, Mike,
why does the Reserve Bank still operate with a much
higher budget and staff numbers than before COVID? It's not
a bad question, might ask the Prome Minister that twenty

(15:59):
three to seven.

Speaker 1 (16:00):
Isn't that?

Speaker 3 (16:01):
Samp Richard Arlold with the terriffs, He's lost twice now
it's zero for two for Trump. Eb I assume feels
good about the Supreme Court, but not only he's going
to do he loses there anyway more with Richard shortly meantime,
back home, interesting numbers around emergency housing in Auckland. More
applications are being declined than granted, so it's the settings

(16:22):
that basically deny support if the need is self inflicted.
So nine hundred and twenty one applications have been turned
down this between August of twenty four and May of
twenty five. Bernie Smith, social housing commentator, of course, is back. Well,
this is Bernie. Very good morning to you.

Speaker 16 (16:36):
Morning mine.

Speaker 3 (16:37):
So what we're dealing with here is, I think Tama
Potucker would argue, is basic personal responsibility. What specifically do
you know? Does that mean.

Speaker 16 (16:46):
A very good question, I think personally if you're living
with drug addiction or abuse, living without housing, all those
sorts of circumstance, as you're living in crises, so personal
responsibilities gets very hard to put into action when you're

(17:09):
living hour by hour.

Speaker 3 (17:11):
Well, the application stats, I didn't realize that it got
so bad, but in twenty seventeen it was between two
and four thousand a month. It then went in twenty
nineteen to nine thousand to ten thousand, and COVID was
fifteen thousand a month. I mean, you can't have that
many people to play. How come so many people are
in so much trouble?

Speaker 16 (17:28):
I think things have worsened economically as well. The slow
down in the build program for housing. Budgets are just stretched,
and agencies providing social services have been swamped with families

(17:49):
and needs. So everything's just escalating beyond becoming very difficult
to actually make a difference.

Speaker 3 (17:58):
When Po Tarker talks about young people careers and parents
as opposed to motel rooms, is he being realistic? I mean,
the kids needing help, they would argue because there's no
relationship with the parents or the caregiver. I'm assuming.

Speaker 16 (18:13):
Yeah, it's a difficult one, Mike. I think you know
when the government bought this policy in years ago for
sixteen year olds to fund them to find some support
or housing and get some food in their bellies for
kids that have been ostracized from their families, that was

(18:36):
a good policy. But the problem is with a lot
of young people, they're just telling their parents where to
go and they don't like the rules, so they reliant
on the government to back them up. And the difficulty
is that it was never set up to do that.
It was to support the most vulnerable and those that

(18:56):
have been ostracized.

Speaker 3 (18:58):
Yeah, is it going to be like this work? So
there's going to be like the job seeker light system.
So in other words, when you're toughen it up a
bit and say there's a few basic responsibilities you're in
charge of. Stop looking to the government for everything. At
least a percentage of people will get their act together,
Oh for.

Speaker 16 (19:14):
Sure, I think you know. There will be those that
will sort themselves out and get advocates to advocate on
their behalf to get the entitlements they are entitled to.
But there'll be the hard core that doesn't matter what
you do, how you do it, when you do it,

(19:36):
there's no resolving the issues for them.

Speaker 3 (19:40):
Always a pleasure. Bernie go Well Bernie Smith, social housing
commentator with us this morning nineteen away from seven task.
It's worth reading about Nova Nordisk. It wasn't that long ago.
These are the inventors of a zempic, of course, and
the amount of money that Nova Nordisk was bringing into
Denmark was unbelievable. It was no cure in Finland all
over again. And if you don't know that story, look
that one up because that was fascin They became a country,

(20:01):
became reliant on a company, which of course is a
recipe for disaster, and Denmark became reliant on Nova Nordisk
until the weekend where they slashed their annual growth forecast
one point four percent. It had hiked. Saul is going
to hike its growth forecast for next year. They think
there will be some sort of pickup. But what sort

(20:23):
of impact did Novo Nordisk have on the Danish economy?
Well before it was one point four percent, it was
eight point one and because o Zimpic, and that's worth
knowing about Zimpic isn't what it was. The competition came along,
the market fell apart, and Novo Nordisk has watched their
value plummet. But anyway, it's affected not only the company

(20:45):
but the country as well.

Speaker 2 (20:46):
Eighteen to two The Mic Asking Breakfast Full Show podcast
on iHeartRadio powered by News.

Speaker 3 (20:53):
Talksp Morning, Mica country came reliant on a company and
it was a disaster. What about Fonterra. It's not a
bad point, It's not the same. But I take your
point six forty.

Speaker 17 (21:03):
Five international correspondence with Ends and Eye Insurance, Peace of
mind for New Zealand business, the state.

Speaker 3 (21:10):
For Goo Richard Ard, good morning. Really like he's going
running out of courts, isn't he?

Speaker 18 (21:16):
He's running out of court victories and US trading partners,
in the words of one analyst, must be dazed and
confused by it all. We're five months into this tariff
or and a US federal appeals court is ruled that
most of the.

Speaker 14 (21:26):
Trump terariffs are illegal.

Speaker 18 (21:28):
This rule in covering the tariff announced at the start
of April back on Liberation Day, as Trump called it
at the time. The court finding also looks at specific
tariffs against China, Canada, and Mexico. The court says it
will leave the tariffs in effect for the next few weeks,
so the Trump team has the opportunity to appeal. But
now back and forth shows a concern behind the scenes
in Trump world.

Speaker 3 (21:48):
Trump has posted on.

Speaker 18 (21:49):
Social media that if the tariffs go away, it would
be quote a total disaster for the country. The US
Trade Rep. Jameson Greer is echoing that.

Speaker 1 (21:58):
It would be disastrous.

Speaker 18 (22:00):
Yeah, but Greer is saying of the situation.

Speaker 5 (22:03):
Now, we had four judges on that court agree with
a large part of President.

Speaker 1 (22:07):
Trump's approach, So this is not over all.

Speaker 12 (22:10):
The tariffs are still in effect, and this clearly is
the best and most flexible tool for the President to
use for his reciprocal terror.

Speaker 3 (22:17):
Is he joking.

Speaker 18 (22:17):
The Appeals Court ruled against the Trump team seven to four,
so this Trump ate is hanging out of the fact
that four judges agreed with their siety at a minority
in a seven to four opinion. The court majority says
the President does not have the power to impose tariffs
on the basis of some supposed emergency under the IEPA
Act International Emergency Economic Powers Act, tariffs are the domain

(22:39):
of legislators in the Congress, not for the president, says
the court, their attacks outside the president's authority. Trump is
slamming the Appeals Court as quote highly partisan, and suggests
the conservative majority Supreme Court should take a different view.

Speaker 3 (22:52):
But just before the appeals.

Speaker 18 (22:53):
Court ruling came out, Trump cabinet members wrote letters to
the court saying it would humiliate the United States and
Harma's international standing if the court ruled against the Trump team.
Treasury Secretary Scott Besson wrote, it would lead to a
quote dangerous diplomatic embarrassment end quote.

Speaker 3 (23:09):
However, the court quickly ruled the tariffs illlegal.

Speaker 18 (23:11):
If this stands, it could force the US government to
deal with demands for what hundreds of billions in refunds
on Levi's paid already so chaotic.

Speaker 3 (23:19):
Confusing absolutely.

Speaker 18 (23:21):
Meantime, another federal court has struck down a Trump order
on speeding up deportations without giving would be immigrants in
the asylum hearing, while Immigration ICE agents have arrested two
men finding a raging bushfire at the Olympic National Forest
up in Oregon. Seriously, now, it turns out that one
of these men is on track for citizenship and has
lived in the US for nineteen years after arriving with

(23:44):
his family at the age of four.

Speaker 3 (23:46):
Right, if da, where are we at with the jabs?

Speaker 18 (23:49):
Oh gosh?

Speaker 3 (23:51):
Robert F.

Speaker 18 (23:51):
Kennedy, who was approved as health sick telling lawmakers that
he was not a doctor or a scientist and would
never act like one if he got the health post. Well, now,
with the northern winter approaching here, two of the biggest
pharmacy chains in the land are severely limiting the availability
of the newest COVID vaccine because of rfk's involvement. Kennedy
long has condemned COVID vaccines and other vaccines, even though

(24:13):
he told lawmakers at his confirmation hearing that he had
his own kids vaccinated. So what's up with that? After
less than a month on the job. The head of
the CDC the Centers for Disease Control Susan Manaraz, was
removed the other day. Four other top CDC officials have
resigned in protest.

Speaker 12 (24:28):
Now.

Speaker 18 (24:29):
Former CDC Acting Director doctor Richard Bess says he is
worrying we.

Speaker 14 (24:34):
Are still seeing two hundred children each year die from COVID.

Speaker 18 (24:38):
And older populations and those with the health issues. It
as a much broader concern now. CBS Pharmacy, the biggest
chain in this country, says they're going to limit vaccines
in sixteen u s. States you might be able to
get the thing with a prescription from a doctor, and
you might have to pay for it at what cost
We don't know yet, So this is a massive rollback
thanks to the Health sec who course swims in or

(25:00):
sewage and eats roadkill.

Speaker 3 (25:01):
Good only see Wednesday Richard Ald stateside. We note over
the weekend the latest newspaper to close as at the
end of the year is the Atlanta Journal Constitution. They'll
remain online, but the paper is a thing of the past.
And Taco bell I note also is having a look
at their AI. They wanted it to power drive through
to make it more efficient and reduce technical mistakes. But

(25:23):
one bloke turned up and ordered eighteen thousand water cups.
Another person's increasingly angry. This is all on social media,
as the AI repeatedly asked them to add more and
more drinks to his order. Five hundred locations since twenty
twenty three. They're using the AI at Taco Bell, ten
minutes away from seven.

Speaker 2 (25:41):
The make casting breakfast with rainthrow bern Us, Tom sad
b weird.

Speaker 3 (25:46):
And this is why you don't believe surveys anymore, because
I think people just make it up. So the ASB
Housing Confidence Survey, twenty six percent of us believe now
is a good time to buy a property twenty six percent,
So it's not the majority. It's nearly fourteen year high.
It would seem a reasonable time to buy a property.
At the moment, things are a bit flat. Here's the
part that you can't explain. There's been a drop in

(26:07):
expectations for lower interest rates. Are you awake? Hello? Thirty
six percent are anticipating cuts over the next year, down
from forty eight. So, in other words, few and fewer
people think that there are going to be interest rate cuts.
Is none of these people in bold in the survey
listening to the news at all, what's going to happen

(26:27):
between now and the end of the year. We're going
to get at least two more cuts. When those cuts come.
What will happen at your bank? They will cut as well.
I will eat my hat if there isn't a cut
or two before the end of the year. In terms
of interest rates. In fact, I would go further and
say the chances of there being a further reduction of
mortgage rates between now and the end of the year

(26:49):
is one hundred percent. And if it was more than
one hundred percent, I would say it's nine thousand percent.
There is nothing more sure than more cuts to interest
money coming between now and the US the year. And
yet apparently sixty four percent of New Zealanders don't believe it.
Eighteen percent of US now expect prices to rise over

(27:09):
the next twelve months. Not many. In other words, if
you're not alert, you don't know what's going on. If
you don't know what's going on, life surprises you five
minutes away from seven, all.

Speaker 1 (27:22):
The ins and the outs. It's the biz.

Speaker 2 (27:25):
With business favor take your business productivity to the next level.

Speaker 3 (27:29):
What's going on in China. Fairly large get together at
the moment, including Putin and Kerman, Mody and all the
cool guys. It's the Shanghai Cooperation Organization meeting. That's a
body basically aiming to up in the worldview of the West,
So China, India, Iran, Pakistan, Russia among others. So China
and India have been whacked, as I'm sure you're well
aware by the US tariffs, So the thinking is we'll

(27:50):
see some sort of shift in the relationship. They're currently
China's the second largest economy in the world, of course,
India's fifth. Gave you their GDP numbers. It won't be
long before that they're moving up that ladder because that's
six percent growth. They're talking about it at the moment.
That's going on for the next few years, and their
six point nine trillion dollar economy is going to become
the third largest by twenty twenty eight. So Chinese delegates
are they say that it's time to shift the old

(28:11):
focus away from the US. India is increasingly more reliant
on China, So India get the vast majority of those
raw materials and components from China for their manufacturing. India
will allegedly pitch to manufacturer more electronics, get more of
the iPhones into China. They already do a lot of
iPhone manufacturer. Of course, they're also wanting to lower the
import duties. China meantime wants faster visa approvals and better

(28:34):
opportunities to sell the one point four or five million people,
so they'll get on. The funny thing was that meeting,
the Chinese communist meeting. There's a couple of Australians been invited.
One of them was Daniel Andrews, former governor of Victoria.
Why would Daniel Andrews be invited by the Chinese to

(28:55):
a communist meeting? And the other was the former Premier
of the New South Wales bobcat Why would Bob Car'ty
Wright invited to a communist meeting? Bob's going, by the way.
I don't know about Andrew, but we'll ask Steve Price
about that after seven o'clock. Right, good news, Police Commissioner.
We've got some very good or some pretty solid looking
crime stats. They're trending in the right direction. James Meager,

(29:16):
is he the savior of regional airlignes in this country?
He's got a plan this morning. The Prime Minister's Willerson
will do the sport after great as well. It's all
part of the Mike Hosking Breakfast, the Reduced Toorgs Edmond.

Speaker 2 (29:33):
The Breakfast Show, Kiwi's Trust to Stay in the Know,
The Mic Hosking Breakfast with A Veda Retirement Communities, Life
Your Way News Tog said barning.

Speaker 3 (29:43):
Seven past seven. So things look a lot better crime wise,
as the latest status revealed, the government well ahead of
its target on crime reduction. There are twenty nine thousand,
twenty nine thousand fewer victims of violent crime than when
the government came to power. Now the goal by twenty
twenty nine was to reduce it by twenty so they're rolling.
Richard Chamers, Police Commissioner back with us. Very good morning

(30:04):
to you.

Speaker 19 (30:05):
Good morning Mike.

Speaker 3 (30:06):
So numbers don't lie. This is a material drop. You've
got to be pleased, very very pleased, Mike.

Speaker 19 (30:12):
I'm stoked also for my staff across the country because
I know just how hard they're working and you know,
all centers across the country, and I think these results reflect.

Speaker 3 (30:20):
That what do you reckon? It is because an Auckland,
Wellington Christ you to beat patrols are up one hundred
and thirteen percent, which is a lot. Is it that
or is it other things or all of it?

Speaker 6 (30:30):
Oh?

Speaker 19 (30:30):
Look, I think it's everything, Mike. I mean when I
came in as a commissioner, I was very clear about
wanting to ensure that my staff did the basics well
and that's about getting the mountains of the community walking
the beat. The stats show just how hard they're working
to be visible across the community. So you know, beat
teams is one aspect of that, but actually, all my
staff across the country are doing an incredible job. They

(30:50):
know how important it is to do the basics well good.

Speaker 3 (30:53):
The serious violent crime part of it, when you're looking
at statistics, is that the low hanging fruit or not?
Is that the easy stuff to fix?

Speaker 19 (31:01):
A Look, Policing is not easy, Mike. We deal with many,
many complex situations and there are a whole lot of
contributors to you know, those fantastic results. So I'm not
sure i'd call it low hang fruit at all. I mean,
every day and every night we go out there, we
deal with really really tough things. My staff do remarkable
work out there day and night, and yeah, the situations

(31:24):
that they deal with are challenging, so I wouldn't call
it low heng fruit. You know, we will continue to
work very very hard whatever confronts us.

Speaker 3 (31:33):
The reason I asked the question is they do seem
extremely good results. Is there more where that came from?
Or is this going to tail off? In other words,
the battle ahead is harder.

Speaker 19 (31:44):
Well, if I think about retail crime as one example,
you know that has been increasing considerably. We know that
over recent years that that's really started to come down significantly.
It's still increasing, but it's increasing at a much slower
rate now. Same with ram raids.

Speaker 16 (31:58):
You know this.

Speaker 19 (32:00):
So far this year we've had fifty five ram raids
compared to three hundred and eight at the same time
in twenty twenty three. So, look, there's a whole lot
of things that we've got to think about in policing.
We've got to balance our resources. But I know how
hard the front line's working, and you know they have
my support to keep working real.

Speaker 3 (32:17):
Hard, keep up the good work. Appreciated at Richard Chambers,
the Police Commissioner, with it's ten minutes past seven passing, Well,
it turns out we do have a program of sorts
to help regional air travel. Up to thirty million dollars
in loans is what we're dealing with. This comes to
us from the Regional Infrastructure Fund. It's for small passenger airlines.
James Meagher is the Associate Minister of Transporting, is behind
and he's with us. Good morning morning, Mike. Are you

(32:38):
regionally as savior?

Speaker 8 (32:41):
I wouldn't call myself a savior, but the government has
done or taken some steps to support regional connectivity interlining.

Speaker 3 (32:48):
What is it?

Speaker 8 (32:50):
So it's complicated to explain, but simply, when you go oversea,
you will book a flight and it'll get you from
A to B and you might slow multiple airlines in
that ticket. You can't do that domestically. So we're going
to introduce that system here. So if you're flying from say,
we Sport to Auckland, you can fly We're Sport to
well into Wellington to Auckland, different airlines, one process, make
it easy for you.

Speaker 14 (33:09):
Right.

Speaker 3 (33:09):
Is that really the problem that regional area is facing
in this country? Is it really just getting to Westport
to Auckland in a way that you can afford in
the airlines is not going to get bust?

Speaker 8 (33:17):
No, that's not the significant problem that's going to assist consumers,
I think, make it easier for them to travel. The
main problem is that really the costs on airlines in
the aviation sector are significant the moment, and they're doing
it tough. So we are trying to come up with
ways to help support that, and the announcement around some
of the concessory loanes is one of those.

Speaker 3 (33:35):
The only thing I can think that's a value in
a loan is you can see better days. Therefore, if
I can get some you know, get a bit liquid
between now and then. Is that what you're trying to
argue is going on here?

Speaker 13 (33:47):
I think you've hit the nail on the head.

Speaker 8 (33:49):
The underlying solution to all of this is going to
be to continue to grow passenger numbers back to where
they were pre COVID. So we're only at about ninety
percent of pre COVID. You grow the market, grow the numbers.

Speaker 3 (33:58):
That's going to.

Speaker 8 (33:58):
Provide the income to get these guys going. If we
can buy ourselves a bit of time as those passage
and numbers come back, whether that's from overseas or domestically,
that'll get us there.

Speaker 3 (34:06):
Are they having trouble with their banks at the moment.
Is that why you need to step in.

Speaker 8 (34:11):
Different airlines are having different challenges. Some of them are
carrying a bit of debt, and of course that debt
comes at a significant refinancing costs, and that means that
when they're looking at their balance sheets and how they're
actually going to be able to make a profit and
run a business, they might have to sell some of
their assets and that reduces some of the routes they
can fly. So that will be some of the assistants.
Others are just looking for opportunities to actually fly those

(34:32):
routes and give them some certainty.

Speaker 3 (34:33):
Why can't see and I can't remember the note. I
might have been sounds anyway, I can't remember. The point
was they were saying, look, we've got demand. The demand
is there, but we can't make money. I can't work
out why they don't charge more.

Speaker 14 (34:43):
Are you?

Speaker 3 (34:43):
Are you confident these people are running their business as well?

Speaker 8 (34:47):
I think on the whole, I think one of the
reasons they can't charge more in some instances is that
the alternative is surface travel. And when the alternative surface travel,
and you've got a family of four making a decision
of whether they can fly regionally or not. If you
push the prices too high, they're going to make that
decision to travel by the road, So they are limited
by the markets to what they can charge.

Speaker 3 (35:06):
Is this your best foot forward? This is what the
government can do and is prepared to do.

Speaker 1 (35:11):
But that is it.

Speaker 3 (35:12):
It's our first step.

Speaker 8 (35:14):
We've got a range of other actions and train as well,
whether that's looking at workforce de velom You know we've
got a shortage of engineers and pilots, so can we
make it easier to train and retain those staff. Here
we're looking at things like what are we doing with
government costs on the sector. Some of our own fees
have gone up post COVID, so what can we do
to work those down as well? And there's a range
of things we can do, but concessory loans is part

(35:35):
of it.

Speaker 3 (35:35):
Are you hopeful? I am hopeful.

Speaker 8 (35:38):
I think there's a lot of promise out there. The
rest of the world is back to passenger numbers where
they were pre COVID. We can get there too. What
I think it demonstrates is that when things get turned
off in New Zealand, it's harder and longer to get
them turned back on. So international and domestic travel is
one of those examples.

Speaker 13 (35:53):
We can get there.

Speaker 8 (35:54):
We just need to give a bit of time.

Speaker 3 (35:55):
Well, I hope so appreciate it. James Mega, Associate to
Minister of Transport, thirteen past seven. Mike, He's good, isn't he?
This Richard Chambers reference is good, isn't he?

Speaker 14 (36:03):
Mike?

Speaker 3 (36:03):
Like chalk and cheese with your old mate cuddles Mike.
I'm not a cop, but have friends who are. They
all said this would happen when the new commissioner came,
and it's just purely based on attitude from the top.
It's so often the case. There's no miracle cure required.
It's just attitude as everything. Mike as a serious fraud
off has given up on investigating the boating ther regularities
at the Monaee Marai. I'm assuming not, but they have

(36:24):
certainly had it there for a while. Letter from speaking
of bear travel from Josh. Mike have just landed. This
was last night, landed at ZID one two four from
Melbourne to Auckland five forty five. It's almost eight o'clock
now and we're sitting on the tarmac out in the open,
not because there's no gates available, but because Auckland Airport
won't allocate us one, we then cannot disembark as the
staff won't work when the wind is too high and

(36:46):
it has to go below eighty kilomes. Now, now I
won't bore you witless the rest of the country, but
yesterday was a complete shambles in Auckland as yet again
we decided we're afraid of wind. So they closed the bridge,
and they obviously closed parts of the airport or the gates,
and we just what happened in the day is when
it used to be eighty five k's or ninety k's
or one hundred k's, So I mean what literally happened
nowus was nothing. We carried on with life, but suddenly

(37:07):
now we don't want to do anything when it gets breezy.

Speaker 2 (37:10):
Fourteen past the like asking Breakfast Full Show podcast on
iHeartRadio powered by News Talks, there'd.

Speaker 3 (37:17):
Be sport after, write the Prime Minister in the studio.
Shortly seventeen past. In a world of high tech, the
good old board game is on some sort of resurgence. Globally,
board games are now worth thirty one billion plus thirty
one billion now the five billion the Reckon's going to
be added to that by twenty twenty nine. Anyway that
we're talking about all of this at weallykno over the weekend.
CD Doyle as the organizer of that and is with
a CD morning hello. Are you very well? Indeed some big.

Speaker 20 (37:41):
Crowds, absolutely and ever growing.

Speaker 3 (37:45):
As you say, good old favorites. Are a lot of
new material out there.

Speaker 20 (37:49):
Well, there's been a huge wave of what we call
modern board games. So most people know Monopoly, cludo that
kind of thing, and these days modern board games have
a lot less luck involved and a lot more strategy
and or interaction and playing with other people.

Speaker 3 (38:08):
Are they tied with video games at all or not?

Speaker 20 (38:12):
Well, I guess if you compare them. Obviously, in New Zealand,
the video gaming industry has just boomed in the last
five years, and I understand that it's around four hundred
million dollar industry. If you compare that with board games,
we're around forty five million industry, and I think in

(38:35):
most people's minds that's actually pretty good.

Speaker 3 (38:37):
Do we produce our own board games and sell them
to the world, that we had that sort of industry
like we have in the video game department.

Speaker 20 (38:44):
One hundred percent We're actually really fortunate. I live in
Wellington and we're actually very fortunate to have two of
the top designers in the world actually living here in capity.

Speaker 3 (38:55):
Fantastic. What have they produced? Would I know them?

Speaker 20 (38:59):
Yes? Well, if you go to any board game you're
most likely to see them. One is shen Phillips who
produced a whole series of games called the Raiders Games
or the North Sea Saga and they're really He was
nominated for the top award in the world. And Jerret

(39:20):
Gray who did Endeavor Deep Sea, just released last year
that has indeed actually won the best game in the
world this year.

Speaker 3 (39:30):
God, So we are from New Zealand, the bottom of
the world, producing the best board games in the world.
Isn't that exciting? So a growing industry. Appreciate your time.
CD Doyle Wealthy Come, by the way, is New Zealand's
largest board game convention. I've got a new idea from
the Unions for you. In a moment seven twenty.

Speaker 2 (39:48):
The Mike Asking Breakfast Bull Show podcast on aheart radio
powered by News Talks It be.

Speaker 14 (39:56):
Now.

Speaker 3 (39:57):
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Trio Bundle. Basically, stay well, stay you with About Health
and Lester's Pasking. Now the seven twenty four the Unions
are back with some new ideas, and one of them
is a tax payer agency, like we need another one

(41:02):
of those, and it funds training on how to be
a union delegate. Labor not surprisingly love it. The union
are calling their ideas alteror reimagined. I'm not sure Middle
New Zealand's really up for that sort of imagination, the
same way they're not up for Labour's answer to the
so called supermarket crisis, as in that magical third player
to enter the market and shake things up. It's an

(41:24):
ewe led supermarket chain. This was another of wacky old
Penny Hennerray's ideas. So he's giving the gang patches back
and he's letting the local mari start a nationwide supermarket business. Now,
under the broad understanding that Labor are a mainstream party,
wedding yourself obsessibly to niche products like unions and race
is no recipe for broad based populist ideas. Not everything

(41:46):
has to be about race, and yet it became so
under the last tenure, to the point that basically no
small amount of the boat headed towards act in New
Zealand first in particular, and to national more generally, because
Middle New Zealand basically got sick and tired of it.
Thought the recent activities of the nurses and the doctors
and the teachers would be warning enough that a rampant
union movement is not a way forward for a modern economy.

(42:07):
Of course, labor may well disagree in their more than
entitle to but if they couple these two obsessions were
as clearly building idea of a wealth tax or capital
gains tax, all I can see is a lot of
rejection by the time they ever present it by way
of a policy for next year's vote. Niche is for
niche players. The Maori Party own the obsession around race,
it's theirs. The Greens own the obsession around absurd anti

(42:30):
wealth ideas and mass fiscal redistribution. The path forward for
a so called major party is general ideas that advance
a country in a way that large swathes of people
i e. Middle New Zealand can understand and get behind.
If Labour show up with the wacky hair brain stuff
their toast foscarb it's not all bad at international airports

(42:51):
ire RFE from Brisbane fire forty five last night. Once
off the Planet, got my bag duty free through customs
are within forty five minutes. There is some good argue
that's good to hear. By the way, my sister in
law goes to Brisbane on a regular basis. She argues,
Brisbane in the last couple of years has been revitalized
in a way that you can't imagine. So, in other words,
last time you went to Brisbane, if you like me,
a few years ago, you thought, oh, yeah, it's a

(43:12):
bit like Ashburton, just slightly bigger. No disregretting, you know,
disrespect to Ashburton. I'm just saying that Sydney, there's Melbourne
and Brisbane.

Speaker 6 (43:18):
You know.

Speaker 3 (43:19):
Anyway, if that's right, if she is right, let me know, Mike.
They even close Cornwall Park. I forgot about that. Not
only did this is the wind. Not only did they
close Cornwall Park in Auckland yesterday, they closed it the
day before. They anticipated the wind and they closed the
park because of the wind.

Speaker 21 (43:39):
Were they worry this somebody was going to camp up
there with an extreme kite?

Speaker 3 (43:43):
I thought, what is it? It's in a park. Now,
I'm assuming they'll say a tree'll fall on your head.
It's the only thing I can think of, because there's
nothing else in the park. To be bothering you.

Speaker 21 (43:56):
Well, you know, if you come over a rise and
you've got an you jacket on.

Speaker 3 (44:01):
You could be off, could be all over over, could
be all over over. You could be stuck in the
toilet because the windows blowing the door shut. Could that
be the problem anyway, the Prime Minister Chris Luxel, we'll
talk about quickly obviously because that was timed interestingly on
a Friday, the former chairman of the Reserve Bank. So
now they're looking for a CEO and a chairman. So

(44:22):
that's that's quite a few jobs at the Reserve Bank.
Chris Lukes. Now big News which reviews.

Speaker 13 (44:27):
To exceed.

Speaker 2 (44:36):
Your source of breaking news, challenging opinion and honored backs.
The Mike Hosking breakfast with Range Rover leading by example
news Toms dead be.

Speaker 3 (44:46):
Three minutes away from Sport afterway, of course, Monday morning
meantime is the Prime Minister Christoph Luxon.

Speaker 14 (44:51):
Is with us.

Speaker 3 (44:51):
Very good morning to you, Mordy Mike, how I have
very well and die a couple of issues, so neil
quickly Friday night, yep, how big a mess reputationally does
this look for the Reserve Bank? Both quickly and or I.

Speaker 5 (45:03):
Don't think it's a mess at all. I think it
would have been more of a shambles if it had
carried on much longer. Frankly, I think you know, there
were issues there around the handling of the employment issue
with the governor that wasn't as fully transparent as it
needed to be. You heard Nicola express her own happiness
about it, and I think he made the right decision
actually thinking about any reputational damage it would have carried on.

Speaker 3 (45:21):
Were you was unhappy with him, as Nicola was, well, again, I.

Speaker 5 (45:25):
Think you know Nicola and I'm very aligned. You know,
we're unhappy with the handling of it. It could have been
much better done and more transparent. But you know, at
the end of the day, he's done fifteen years with
a service, he's delivered a capital rules reset, he's advancing
well a new governor, which will be something we hope
to announce shortly. So right decision to go.

Speaker 3 (45:42):
Do you know who the governor is?

Speaker 5 (45:44):
We've got a couple of candidate. Ye, we're in a
process at the moment.

Speaker 3 (45:47):
So it's days, weeks, Yeah, that'll be weeks. Where's the
governor itself? So, as supposed to the chair where's the chairman?
Have you got someone lined up? Chair a stepped in? Okay,
and for what the foreseeable or.

Speaker 5 (45:59):
Well that will be worked out in the coming weeks.

Speaker 3 (46:00):
Yeah, okay, as far as the money is concerned for
or at the start, it looked like you give the
guy some money to go away. Now it looks like
he packs a mass of sad. The chairman packs a
mass of sad. Everyone's stamping their feet being children. How
come he got money to go away?

Speaker 5 (46:16):
Well, those will be tied to his employment contracts that.

Speaker 3 (46:19):
He'll have with the with the board, and.

Speaker 5 (46:21):
That'll be arrangements between obviously chair and CEOs as you'd
expect in any other rug.

Speaker 3 (46:25):
And you're comfortable with that, Yeah, Well, we've got to uphold.

Speaker 5 (46:28):
Employment contracts and that's what and that's that you know,
we don't employ them, We don't have influence over how
they spend money. What we agree is five year funding agreements,
as you know, which we've had some you know, pretty
tough conversations around which I think is in the public record.
But ultimately, what the employment contracts are we have to
you know, that's that's you know, that's up to board.

Speaker 3 (46:46):
St Is there a lesson here for other government departments
or agencies that this sort of official information act Onwardsman,
let's keep it quiet, let's not say anything. Someone needs
to either be transparent or.

Speaker 5 (46:58):
I think true always the best policy, right. I think
that's the takeaway from all of this.

Speaker 3 (47:03):
Ok Now, I ask you one more time, God, this
is foreign bias?

Speaker 14 (47:08):
Isn't that?

Speaker 3 (47:09):
It is foreign biased? Is today the day? Are we
any closer to being able?

Speaker 5 (47:14):
We are very close, Mike, And I've said that now
for the last seven weeks. I think you've been hammering
me on this point every single week.

Speaker 3 (47:20):
That's right.

Speaker 5 (47:21):
So I hope to have something to say very shortly
about it when eminently eminently within within within but before
we meet next time, within a week.

Speaker 3 (47:31):
So this week, so this is the week that could
well be okay, Why has it taken seven weeks?

Speaker 5 (47:37):
Well, there's I mean, you've got a situation where as
you know, we went to a policy saying we actually
wanted to unwind their foreign by bant. You've got equally
a position from New Zealand first, which is that they
didn't want any of that, and fair enough we agreed
not to do any of that. And I suspect what
I'll end up announcing, we will end up announcing will
be a compromise where neither of us is one hundred

(47:58):
percent happy, but we've found a way to to do
something that actually will actually support investors in particular coming
into New Zealand so they can purchase the house ultimately
and equally it also drives some trade activity as well,
for tradees good.

Speaker 3 (48:12):
So in making this announcement this week, I'm assuming that
it gets sorted today cabinets today.

Speaker 5 (48:19):
That I can't possibly talk about kevinet as you know. No,
I know, but you're about to put me up against
a wall and just no, I'm just sick of asking
the question answering just the reason I asked the question.
One more week of this?

Speaker 3 (48:32):
Well, it can't be one more week because he said
it's this week exactly, So it is it is this week.
Can you explain from Winston Peter's point of view what
his problem has been.

Speaker 5 (48:42):
Well, I think, you know, they've had a long standing
position around foreign investment and in fairness to Winston and
also to New Zealand first, and I think they've actually
been they've actually really understood quality investment and I think
you know, fairness there was a question around a lot
of what we've seen in the past with has been
spec investment. So if you think about it, people coming
and buying houses, flipping houses, none of that adds any

(49:05):
value to New Zealand productively as an economy. And so
you're trying to find the way in which you can
support productive investment that actually does help our economy sort
of grow. We've had massive challenges with foreign investment. We've
attracted zero capital sovereign wealth funds for the major public infrastructure.
We're doing a good job in there, We've got more
to do equally if you think about the active investivis alike.

(49:28):
I think we've had something like close to one point
eight billion come in since we made the change on
April one. It was more in the first two months
than it was in the previous three years.

Speaker 3 (49:37):
Not one of them can buy a house.

Speaker 5 (49:38):
So that's why how ridiculous link that together? So watch
the space.

Speaker 3 (49:42):
Okay, So I am watching that, and so I will
watch this afternoon. What I want to know is if
you and we will get them on and ask him,
but say it's four five sixty seven million whatever it
was the election, you were too, so maybe two's too long.

Speaker 5 (49:54):
And I think we got I think we got the number,
as I said before, too low. And I think we
had a complication to it all and probably didn't get
our policy one hundred percent right either. And that's why
I think there's a you know, that's why we've been
that's five.

Speaker 3 (50:06):
And let's say you've got to live in it. For example,
so you come in with your golden visa, you put
ten million dollars into the economy, you spend five on
your house, you live in your house. What's Winston's objection
to that.

Speaker 5 (50:15):
Well, I don't think there is, That's what I'm saying here.
I think he's been quite sensible actually about making sure
that we're not driving speculation, that we actually are driving
productive investment. And I think you know, Winston, you know,
will often talk about as I do about Singapore or
the Irelands of the world, and we've realized collectively that
there is a real challenge around, you know, getting investment
into New Zealand. So I actually think he's been very

(50:37):
reasonable in his position. But he's also holding us to
account to say, hey, listen, I want to be reassured
that this isn't just going to drive you know, spektive.

Speaker 3 (50:45):
So all you do is you say you've got to
live in your house or do something like that. There's
lots of ways through it. Yeah, but okay, what are
the other ways?

Speaker 5 (50:49):
Well you have to wait and see.

Speaker 3 (50:51):
Okay, this feels like a John DAW's John Platz. All
I want is it as I keep telling you, I want.
I want this country up and running and pulling every
level we can to make exactly easy to do business.

Speaker 14 (51:04):
Exactly, that's right.

Speaker 5 (51:06):
So I think what we've both come to realization is, hey, listen,
if we've got people who are coming here to put
quality investment into New Zealand, it's perverse that they can't
own a house. How we do that to make sure
that we actually can reassure ourselves that it is actually
proper investment activity that's happening, not speculation. Sure, which is
what I think.

Speaker 3 (51:22):
And so if we ring in booked Winston and for tomorrow,
would he be able to come on and talk about this,
would he be well? I amenable, Sure, he loves coming
to talk to I'm sure Multimately, all right, we'll stand
by Brian Roche in the mergers. Is this real? And
the government departments?

Speaker 5 (51:37):
Yeah, look, I mean, I've asked Brian Roach, who's a
really seasoned guy, to take on that role as Public
Service Commissioner. I think he's excellent. I think he knows
the machinery of government well. But he's also given him
a brief to say, make this thing more efficient and
make it deliver. I think there's two things you can do.
One is you could you can restructure to get rid
of the back office functions of lots of agencies. You'll
find endless government departments. Agencies replicate the people function that

(52:00):
it function, that counting a function.

Speaker 3 (52:01):
All that stuff.

Speaker 5 (52:02):
You could simplify a lot of that. And the second
thing that I think is important is that my vision,
as I said to him, is I want to see
these government agencies as large service organizations having a customer
delivering for a customer who happens with the public of
New Zealand, and it's not a customer mentality in the
public service sufficiently. So you can do that partly through restructuring.

(52:23):
As he's looking at a series of proposals, nothing's come
to cabinet. We haven't had a discussion about it. I
appreciate there's media reporting of possibilities, but The other thing
that I think is really important is embracing technology, because actually,
when you embrace technology, as I found in business, you know,
you actually end up backward engineering your systems and your
processes and your structure to actually serve a customer, you know,

(52:44):
through technology.

Speaker 3 (52:45):
Shouldn't you have done this the first time round when
you got rid of the two thousand people.

Speaker 5 (52:49):
Well, I just think there's ongoing work that's needed. I mean,
you know, you're trying to about the first eighty months.
You know, we're coming to power with inherit to hell
of a mess, recession, COVID head over, tariffs, We've got
a bunch of things. We've got to get out the door.
You've got to sort of restructure and change the tire
while you're driving the car at the same time. And
so this is just ongoing daily work that should be happening,

(53:10):
and if there's better ways to do it, we should
be relentless about constant improvement.

Speaker 3 (53:15):
Nikola Willis wasn't happy with me last week. Why it's
a long story, so friendly and nice exactly, but the
point but do you worry image wise that she is
running the supermarket thing and this butter thing and you're
supposed to be a government that is friendly with business
and to help business. And she's beating up on supermarkets
and telling us what's wrong with supermarkets and what's wrong

(53:38):
with butter and she doesn't come up with any actual solutions. Well,
you're just trying to draw bonus solution.

Speaker 5 (53:45):
Now, I push back on that. I think you know
when you say how does this country get wealthier? One
of the five things we have to do is make
it easier to do business. And we have to look
at competitive settings, green tape, red tape, or getting rid
of bureaucracy, all of that stuff. Right, And so we
are a party you know that's always been built on
competition and whether it's larger, whether it's smaller, we want
competitive markets. And so all she's done in supermarkets is

(54:06):
take a step back and say, my god, we've done
it endless talking about this stuff. Have we done everything
we possibly can to make those regulatory settings easier? It
turns out there's probitive zoning, there's slow consenting, there's a
bunch of stuff getting in the way. So if she
actually gets rid of all of that, she's done a
good job linking all of that to fast tracks. So
supermarkets can be treated like fast track projects. The harder thing,

(54:26):
to be honest, it's taken some time is working through
the Building Act changes, which is to get those multiproof
ideas so that if you've got one store format like
a costco, you can hit copy paste and get more
of it done. And yeah, we have eighty two building
code authorities in New Zealand, which is probably about eighty
one too many that end up interpreting the building code differently.
So if you're a Costco and you want to put

(54:46):
a store in christ Church, you're dealing with a whole
bunch of different malarkey around all that. And so to
get to a place where we can guarantee them one
building code authority that they will work with and how
the Crown may help support that to make that or
happen pplexity in all of that. So you know, all
we can do is we don't create the growth, but
we have to create the conditions for growth and get
the operating system right. And I think that's what she's done.

(55:08):
Really well, have.

Speaker 3 (55:09):
A good week. I will go and talk to you.
Christopher Lux and thirteen to Way The.

Speaker 2 (55:14):
Mike Asking Breakfast Full Show podcast on iHeartRadio powered by
News TALKSB.

Speaker 3 (55:20):
News Talks B. I think we've got enough out of
them to understand what's happening with the foreign housing. If
you join a couple of dots stand by Mike, perhaps
you could remind Uster Luxeon of the importance of plentiful
and reliable energy for his incoming quality investors and the
local ones weighing up whether or not to continue operating
with the situation as it currently is. Steve and I
don't know if you're part of a group, but I'm

(55:40):
getting a lot of texts at the moment from people
talking about renewable energy, talking about coal, What our plan is,
what's going on. In the last couple of weeks, the
major power companies have all reported some have done well,
some haven't done well, depending on what their mix is.
But the story is there to be told. There's a
massive renewable investment going on in the country at the moment,

(56:02):
in other words, wind and solar, etc. And this is
where we're heading. Gyest. We're still importing a lot of coal,
but we're importing a lot of coal because we're running
out of gas rapidly. That was one of the reports
that came out in the last couple of weeks. Each
time you hear from the gas industry, it's we're running
out of gas faster than we thought. So we're running
out of gas. We need to fill the gap with
the coal. We're bringing in lots of coal. We've got
record amounts of coal in the country at the moment.
But the ongoing to answer your question, the ongoing plan

(56:27):
is renewable, both geo thermal, wind and solar. Massive amounts
of money are being invested currently by all the major
gen tailors to head in that particular direction, so in time, allegedly,
fingers crossed, it will be fixed. Although I note with
a great deal of interest over the weekend I'm reading
about the wind turbines that are very hard to recycle.

(56:50):
Who knew so? In Holand for example, they're turning them
into mini homes thirty five square meter home. So you
take a chunk of the turbine't recycle and you turn
it into a mini home. I don't know whether that's
a thing or not, but they're giving that a go.

Speaker 2 (57:05):
Eight away from it them My Hosking Breakfast with Bailey's
Real Estate news Dogs.

Speaker 3 (57:10):
Dead be by the way after eight o'clock this morning,
we'll give away our first thousand dollars this with Chemist Warehouse.
My dad's a legend. So if you've entered news dog
zbi dot co dot ins at Ford slash whend and
tell us about your dad or your father figure, we'll
make the drawer read it out one thousand dollars cash,
simple as that, and a Chemist Warehouse gift card for
a couple of hundred dollars for the fragrance of your
choice of the first winter coming this morning. This do

(57:31):
we still have? I don't know, but tell me do
we still? Yes?

Speaker 14 (57:35):
We do.

Speaker 3 (57:35):
Actually I have just answered my own question by talking
to myself. You'd be surprised how often that happens anyway.
You know, the little soy things when you get your
sushi packs and you get your little soy squeezy little fish,
little plastic fish with the soy squeeze. They're banning them
as of this morning in South Australia. That's interesting, isn't it,
Because they're banning them, because they ban the plastic straws,

(57:57):
the supermarket carrier bags, the drink stirrs, the cotton buds,
than confetti. I don't think we've banned half that stuff.
Do you know we import our own plastic bags now?
Just to infuriate the environmentalist if you're listening, I have
a little plastic bag where I keep my little lemon
slices in and when you go to super I can't
get those sort of plastic bags anymore it we bring
them in. So we just got around the rules because

(58:17):
the rules are dumb. Anyway, back to South Australia. They
are banning as of this morning, those little plastic fish
that contain the soy sauce. So I don't know how
the soy sauce is going to come anymore.

Speaker 22 (58:30):
Well, if it doesn't come on one of those, it
comes in a little sachet. Yeah, you tear the end
of the sachet.

Speaker 3 (58:36):
Are they recyclable or a bit of the environment? Are they?

Speaker 21 (58:39):
I wouldn't have thought so. No, they probably just haven't
got around of banning those yet.

Speaker 3 (58:42):
They probably haven't news for you. In a couple of moments,
we'll have to talk about the Do we want to
talk about the warriors? I suppose we want to talk
about the warriors? So Southland, well done. Rand Philly Shield.
That's still a thing that you have one plenty of
sport to cover off the lads in the commentary box
after the news, which is next to you at news talk, there'd.

Speaker 2 (58:56):
Be the news, the news makers, the mic Hosking Breakfast
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News talks, head Bo Sprung Room.

Speaker 19 (59:12):
It is no one, No one comes, has a comeback.

Speaker 11 (59:17):
Let's market.

Speaker 3 (59:19):
The Eels went twenty six to twenty two.

Speaker 23 (59:21):
Here that's votes. Here are that's VOTs zaplan episode. That's
time sap a comprehensive signata from sampland.

Speaker 3 (59:37):
The Blackbirds.

Speaker 1 (59:39):
Go turn from two.

Speaker 2 (59:41):
Another comprehensive went, this time by sixty two points.

Speaker 3 (59:46):
The nineteen over Japan. Let's compact between the Williams and
the racing balls.

Speaker 10 (59:51):
Those two have had a coming together and it has
coffin the tail.

Speaker 2 (59:56):
The Monday Morning Commentary barks on the mic Hosking Breakfast
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Speaker 3 (01:00:05):
Jason Pi and Andrew Seiwill good morning to you, Good
morning minding Mike Jason. The Warriors when their final game
this weekend, they end on thirty six. Is thirty six
good enough.

Speaker 9 (01:00:14):
For the fourth only if the Storm beat the Broncos
and the Bulldog beat the Sharks. So look on the
face that those two things could happen. I wonder whether
the Storm and the Bulldogs might perhaps rest some players
ahead of the finals. They know they're in the in
the top three, so don't really need to do too
much other than just exist through the last week. Warriors

(01:00:37):
got to beat Manly Daily Cherry Evans three hundred and
fiftieth or other his final game for Manly. It could
be a bit of motion over there. I think we
need to prepare ourselves, Mike, for a home a home playoff,
finishing fifth or sixth the week.

Speaker 3 (01:00:51):
Half the home playoff against who. Maybe the Panthers.

Speaker 24 (01:00:55):
Could be The Panthers could be the Roosters Mic, which
will be tricky, very true, could be one of the
other teams trying to get into the eight. But I'm
pretty sure the Bulldogs and Storm more rest players in
that last round.

Speaker 14 (01:01:08):
I've seen what the Panthers have done.

Speaker 24 (01:01:11):
Bulldogs the Storm rather, they can only finish second, Bulldogs third,
so they.

Speaker 14 (01:01:15):
Will rest players.

Speaker 24 (01:01:16):
I'd say it's a smart thing to do, and then
the Warriors will finish what fifth or sixth, sixth.

Speaker 3 (01:01:23):
And how would we describe that season then, Andrew.

Speaker 24 (01:01:27):
Well, it showed much, It showed a lot more promise
when they had a fully fit squad. But those injuries
to Mitch Bunny and Luke Metcalfe clearly have taken their toll.
But to still make it's frustrating because they should be
in the fourth yes, and that have that have an

(01:01:48):
extra life in the playoffs. So that's the frustrating thing.

Speaker 3 (01:01:50):
Yeah. But the point is, and what I've come to conclusion,
slowly but surely, is that it's in a way and
this is not an excuse, it's just an explanation. Whether
they finished four, five or six doesn't matter to me
because they're not going to win it. Because it's abundantly
clear there are three sides, one of which will win
it and we're not one of them. And so where
we end the season doesn't really matter because we're not
going on any further because we're simply not good enough.

Speaker 24 (01:02:12):
And also it's all very well making the playoff for
you've got to win a playoff for two exactly. And yes,
i'd agree they're not going to win the title. Well
that would be a minor miracle, but they need to
get into the playoffs, not just scraping, but go in
and win a playoff for two, especially your home playoff,
That would be a major boost to what has been
in that time.

Speaker 3 (01:02:30):
Trust, I'll tell you something. Let me say this, Jason,
See what you think if when we make the playoffs,
which obviously we will, so we play at home, and
whoever we play, we win. So we win that first
playoff game, then does the whole thing change? In my mind?
It does, Yeah, I think so.

Speaker 9 (01:02:47):
I think if you win that playoff game, Mike, then
you do take confidence and to what would then be
in away game against one of the losers from the
one v four to two v three scenario. So yes,
I think perhaps you do take confidence. And we also
have to remember this was thirteenth last season. I think
if you said to Warriors fans at the start of
the season, the lowest you'll finish is sixth, most of

(01:03:07):
them would have bitten your hand off.

Speaker 3 (01:03:09):
That is true, and that's been the weird thing about
the season. We've done so well so early on that
the expectation was so sky high and was sort of coming.

Speaker 24 (01:03:17):
When you say it changes the whole thing, do you
mean if they win the home playoffs.

Speaker 3 (01:03:21):
I think if you when you saw if you win
your first playoff game, I reckon, it's all on. I
reckon anything at that points possible. I mean, what you
what were.

Speaker 14 (01:03:28):
They played the loser of one of the highest.

Speaker 3 (01:03:30):
I reckon, I reckon, I reckon that could change materially.
Andrew answer me this question. How is it we've got
three sides in the NPC after five games that haven't
won a single game. Who's we well, we as an
collectively assured I'm sure.

Speaker 24 (01:03:44):
I'm sure if you're devoted listeners are in the cargo listening, Mike, No, no, no, no.

Speaker 3 (01:03:48):
Well, of course in Canterbury as well. I mean Canterbury.
I mean they're leaving the competition as they always do.
You know, it's boring to be that good. But why
are there three sides in a competition that after five
games cannot even win a single game?

Speaker 14 (01:04:01):
Three teams from the greater metropolitan Auckland area. That's right.
It has to be a concern.

Speaker 24 (01:04:06):
I think the same thing might have happened last year,
but maybe not for such a such an elongated period
of the season. I think, if you want to dig further, Mike,
maybe that maybe the talent is no longer coming through
in great numbers. Maybe there's other things to do than
play rugby union in the Greater Auckland area, which I
know there is for kids.

Speaker 3 (01:04:28):
It just seems weird. It just seems I worry about
that being a competition that I like, a competition where
anything can happen, which is the good thing about the NRL.
I mean, on their day, anyone can beat anyone really,
whereas this it's apparent that we've got a bunch of
duds in there that don't know how to play rugby.

Speaker 24 (01:04:43):
Proc there's a there's a couple, I mean, Cannibury is
top right, then there's a there's a series of teams
who pretty much on the day can beat each other,
which is good for the competition, but then you've got
the ones lagging behind and good for.

Speaker 3 (01:04:55):
Good for Southland though, Jason. I mean, they're still a
vibe about the shield, isn't there?

Speaker 11 (01:05:00):
Absolutely?

Speaker 9 (01:05:00):
And you saw the scenes after the game, you know
it's obvious what it means this log of would why
cant I had it for what eight days? Southland might
have it for about the same because they've got to
put it on the line against Canterbury this coming weekend
you will lose that.

Speaker 3 (01:05:14):
So then Canterbury Canterby will get the shield and we'll
hold it for what eight nine years, ten years?

Speaker 9 (01:05:19):
And well Tasama might take it off here the following week.
It could look tesa.

Speaker 24 (01:05:25):
But the great the great thing for Nix, the great
thing for next weekend Mike, is that in the cargo
will go off right. I mean they had a bumper
crowd for the Otago souteron game a few weeks ago.
They'll have another i'd say sell out. It's huge for
provincial rugby. It still says the shield is alive and
those smaller areas and it'll be great to see.

Speaker 3 (01:05:45):
Okay, brief break now think about this going into the break,
you guys, I want a good, clean, clear answer, So
I think I'm going to ask you the question how
much would you pay to go surfing? Think about that?
Thirteen past day.

Speaker 2 (01:05:57):
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Speaker 3 (01:06:02):
Hippy News Talks Evy. Seventeen past eight.

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Speaker 3 (01:06:14):
Years, Andrew Sibil, Jason Pine. I want to get to
the serving in the moment, but just a quick, quick one, Andrew.
Is the fizz leading up to the South Africans this
week is there's going to be a thing like are
we going to stop as the nation? All that sort
of stuff.

Speaker 14 (01:06:25):
Will know, I reckon, I reckon.

Speaker 24 (01:06:27):
It's the biggest game since could well be the biggest
game since the twenty eleven World Cup final.

Speaker 3 (01:06:33):
Now the twenty eleven World Cup final. Andrew h world,
that's a big game.

Speaker 14 (01:06:42):
For it. Come Saturday night you'll be watching it.

Speaker 3 (01:06:44):
Of course I will, I'm a Patriot, but and it's
also before my bedtime. Stort of Actually I'll probably have
to stay late up late to be honest, but never less.
Speak that as it mate, Jason, big fizz for.

Speaker 11 (01:06:54):
You, absolutely massive, yep.

Speaker 9 (01:06:57):
Can't wait for the game, but worried about the All
Blacks and you know, I catastrophize a bit over these things.

Speaker 11 (01:07:02):
You do an update this morning.

Speaker 24 (01:07:05):
There's a long injury list after one NPC game each
I'm surprised they haven't called Caleb Clark back and or
Luke Jacobson anyway, they've decided to play them in the NPC.
And hey, Mike, I've heard the the spring Bocks arrived
last Wednesday night. Yes, so they've been beavering away in Auckland.
I've heard over the weekend that the first training field

(01:07:28):
they used wasn't wide enough for them, so they so
they've changed training field. So do you think they're going
to put in the old crossfield kicks and bombs away
for the All Blacks?

Speaker 14 (01:07:41):
Probably?

Speaker 3 (01:07:43):
I hope it's not windy. Did they close Eden Park
of it gets above ady k?

Speaker 14 (01:07:47):
No? I forgets above fifty k.

Speaker 3 (01:07:49):
The no, No, the weekend was morning. How do you
close the park the day before based on a forecast?
I mean, for God's sake, what are they going to
do with lineouts? Of its breezy? What's the met Service
to about that? It's a yellow or orange or red
warning for the breezy lineouts?

Speaker 14 (01:08:10):
I feel you're talking about the bridge.

Speaker 3 (01:08:12):
Here, the bridge, the parks, the All Blacks, Auckland City.

Speaker 14 (01:08:16):
A little bit of wind mate.

Speaker 24 (01:08:19):
And then you look when you look for updates somewhere
on some website and it's for five days old.

Speaker 3 (01:08:23):
And it's just tell tell me about it?

Speaker 13 (01:08:26):
What's up?

Speaker 3 (01:08:26):
With the surfing right, Abu Dharby has the world's longest
artificial wave in the world, and it's a perfect wave,
and there's a tremendous amount of technology that's gone into it.
The technology is owned by Kelly Slater, so that's where
he's making his money these days. Six hundred and ninety
meters long is the wave? Right, So it's a perfect wave,

(01:08:47):
and you pay per wave? How much? How much would
you pay to ride the perfect wave lasts a minute?
How much would you pay per wave?

Speaker 9 (01:08:57):
Probably asking the wrong pair of guys, I would imagine,
don't want speak.

Speaker 3 (01:09:00):
On beare you're the only two here?

Speaker 14 (01:09:03):
There'd be a lot of people who would pay.

Speaker 24 (01:09:04):
There'd be a lot of people would pay a lot
of money to see me try to do it, Mike,
nine to fifty be great to detain.

Speaker 11 (01:09:10):
Pardon not one hundred and fifty bucks.

Speaker 3 (01:09:12):
Nine hundred and fifty bucks for a minute. Now you
get six waves, but one hundred and fifty eight dollars
per wave. What most people like to do, though, apparently,
is they hire the whole pool for ninety minutes for
five and a half grand.

Speaker 9 (01:09:27):
Oh my god, you'd have to have a lot of
other stuff, wouldn't you before you pay five and a
half grand to surf an artificial wave.

Speaker 3 (01:09:34):
For ninety minutes?

Speaker 14 (01:09:36):
But you are surfers, Mike.

Speaker 24 (01:09:37):
I think a lot of surfers surf because they they
continually search for that perfect wave and it probably doesn't
exist in the end but.

Speaker 3 (01:09:43):
Is a year. But do they suit that?

Speaker 24 (01:09:45):
But that's whole, that's part of that, that's part of
the exactly in the thrill of surf.

Speaker 3 (01:09:49):
If you just turn up knowing it's perfect, after you've
done two perfect, you're going, this is boring and you
want your money back, don't you? Or do you not
maybe five and a half grand for ninety minutes and
that it's apparently they you can't. They're selling like this
now tomorrow.

Speaker 14 (01:10:02):
Yeah, much cheaper, much cheaper for the World Cup next year.

Speaker 3 (01:10:07):
Did you see did you hear my interview with the
CEO of your very fine company?

Speaker 14 (01:10:11):
I hear bits of it. Yes.

Speaker 3 (01:10:12):
Did you Did you hear her her genuflection verbally when
I suggested one twenty nine, one thirty nine, she clearly
hadn't gone that high. I reckon, that's laid down, Missiga
for you guys, one twenty one thirty bucks for hundreds
and four games.

Speaker 14 (01:10:28):
It's a bart not going to be it's not going
to be that much.

Speaker 3 (01:10:31):
Now I know she obviously she's going to sell you short.
That's why are you're not getting a pay rises there
at Andrew, because she's going to flick flick it out
of seventy.

Speaker 11 (01:10:37):
Nine nine my name.

Speaker 3 (01:10:39):
Well, she did well off air, but I mean I
was trying to do that thing with her that you
said that you needed to to stay with the company.

Speaker 11 (01:10:45):
But yeah, I'll sell the public.

Speaker 9 (01:10:47):
I'll sell heapes. Honestly, guys, they will sell heaps. The
price point of around that, No one man. I mean,
I'm a big football man. I'd pay one twenty nine
and a half beat for one hundred and four games.

Speaker 3 (01:10:56):
I would, I would. I don't even like football. I'd
pay one hundred and thirty bucks for that.

Speaker 14 (01:11:00):
Hi.

Speaker 3 (01:11:01):
I pay streaming services I don't even know I've gotten,
I've never seen.

Speaker 14 (01:11:05):
And I've told you. There's a number of NFL games
on TVNS in plus two starting.

Speaker 24 (01:11:11):
Next week for three mich cannot wat you all Whites
versus Australia coming up as well as for free.

Speaker 3 (01:11:16):
Yeah, no, I'll leave that one. Nice to see you
guys Andrew Saville and Jason Pineate twenty two in a
moment the.

Speaker 2 (01:11:21):
Mike Hosking Breakfast with al Vida Retirement Communities news togs
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Speaker 14 (01:12:16):
What when?

Speaker 2 (01:12:17):
One thousand dollars for Father's Day thanks to Chemist Warehouse,
the Real House of Fragrancess and News Talk.

Speaker 3 (01:12:23):
Said the christ Chrissy high Set of Canterbury. Congratulations, She writes.
Hamish is technically my stepdad, having lost my father when
I was little. I didn't think I needed him to
be my dad, but we shared a common bond how
much we both loved mum. He quietly and consistently showed
me that love creates a family, not blood. Somewhere along
the way, he simply became the dad I'd always long for.

(01:12:45):
Is now a special papa two our three girls, and
I love watching them together and knowing how lucky we
are to be loved by him. I am forever blessed
and eternally grateful that Hamish is.

Speaker 1 (01:12:56):
My dad now.

Speaker 3 (01:12:58):
Bitch, you feel bad now if your entry is not
that good? Hey, Hey, News talksb Doto dot m Z
Ford Slash win one thousand dollars and a Chemist Warehouse
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Day a winner, so you can be part of it.
We'll do it again tomorrow, Wednesday, Thursday, we're doing it Friday.
Probably do it Friday and we can make Father's Day

(01:13:19):
just that little bit better. So be a winner with
News talks 'B and our very good friends at Chemist Warehouse. Meantime,
News is next.

Speaker 2 (01:13:28):
The only report you need to start your day, the
my Costing Breakfast with a Vita, Retirement Communities, Life Your Way,
News Talks HEADB.

Speaker 3 (01:13:37):
Mike complained about Lawson reporting on the News misrepresented. Lawson
was ahead science, not alongside Science got penalized as he
was in the wrong. Science has made many errors this year,
costly heaps of points today. Yes he did. I will
take Andrew Alderson aside.

Speaker 22 (01:13:51):
And he said wheel to wheel. He might have been
Lawson's back wheels to signs as front wheel.

Speaker 3 (01:13:58):
It's as critical as to what we you refer to
and who was in the wrong. And there is zero
argument that science is in fact not the criminal in
this particular case. Twenty three minutes away from nine.

Speaker 17 (01:14:11):
International correspondence with ends in Eye Insurance Peace of Mind
for New Zealand Business seeks right.

Speaker 3 (01:14:18):
Very good morning to you. Hello there, ye're speaking which
the F one your man Oscar? Mind you, Having said
I don't know if you saw the race, but having
said that, it was a good race until Lando's teammate's
engine decided to catch on fire. And that's never useful
when you're looking to win a race.

Speaker 13 (01:14:32):
Oh what was sorry, said side Norris. Was we were
really worrying about Lando?

Speaker 3 (01:14:38):
Did you? Was it you? I think it was you,
wasn't it? That alluded to a number of months ago
that was going to be some sort of stitch up
on the side of the garage where they would favor
Lando and not Oscar.

Speaker 13 (01:14:49):
It was me and I still think they're trying to
do that. But Oscar is still too good. Thirty four
point leading the championship. Now clearly he equals the nine
He goes one in front of the nine wins of
Daniel Ricardo, he equals Mark Webber, who's his manager, and
he's just behind the great Sir Jack Bramham and Alan

(01:15:10):
Jones as the greatest Formula One driver Australia's ever produced.
And he's on his way to a world title. Let's
hope we don't jinx him by talking about it.

Speaker 3 (01:15:17):
No, I think it's I think sure of a disaster
is going to win. Having said that, where do you think,
in your vast knowledge of Australian sports history does a
world champion, if one driver sits in the pantheon of
stuff done?

Speaker 13 (01:15:32):
Interesting you ask that question because somebody who I regard
as someone with great sports knowledge said, if he can
win the world title this year as a twenty four
year old from Brighton, he becomes one of Australia's greatest
ever sports people, not just if one driver's greatest ever
sports person when you consider the great Sir Donald Bradman

(01:15:53):
or Kathy Freeman on and he can run through a
whole list of them. Just on Bradman. By the way,
how much do you think he's Baggie green cap that
he wore in a test series that ended just as
World War Two ended? How much do you reckon that
went for adoption at the.

Speaker 3 (01:16:06):
Weekend twenty seven five hundred.

Speaker 13 (01:16:11):
Four hundred and thirty eight thousand, five hundred and fifty
dollars and it's now going to be installed in the
National Museum of Australia, which I knew the cap existed.
I've never heard of the National Museum of Australia, but
there you go, the taxpayer patriots.

Speaker 3 (01:16:25):
Well I was going to say, so was the taxpayer
and they went out and bid for it and spent
that amount of money on a hat.

Speaker 13 (01:16:31):
Yes, correct, Wow, there you go.

Speaker 3 (01:16:33):
How how was your weekend?

Speaker 13 (01:16:35):
Was it?

Speaker 3 (01:16:35):
Where the streets of Melbourne filled with joy and frivolity
and laughter? Were they?

Speaker 13 (01:16:40):
We are the protest capital of Australia And that's not
a proud thing to have pinned on your chest. That
was disgraceful yesterday. I was, as you know, filling in
on Sky last week and I did not mention this
March for Australia Parade that everyone was banging on about
all week. They were held in Brisbane, Sydney, Melbourne, all
normal places because I knew what would happen. It got
hijacked by this group of neo Nazis led by particularly

(01:17:03):
loads and bloat by the name of Thomas Seul, who
stood up on the steps of Parliament yesterday, you know,
cheers from his mates, dressed in black, some of them
had their faces covered. He didn't yesterday. But he's a grub,
the Police Minister Anthony Carbines, which I don't agree with
anything he ever says, except he said yesterday those who
seek to protest under the cover of some protests about

(01:17:26):
immigration are just grubs. We know that what they're there for,
and they were to stir it up. So you have
a Palestinian protest every weekend, which shouldn't happen and the
police should stop it, but it happens. So then you
have this march for Australia with you know, there was
a few old grannies there with Australian flags for the
right reason, but it was Saul and his Nazi mates
who just tried to hijacket. Police had to use pepper spray,

(01:17:49):
they had to use stun grenades. This is in the
streets of Melbourne on Sunday, for God's sake.

Speaker 3 (01:17:54):
It was disgraceful, hopeless. When does it end though, because
I mean, at some point none of this makes any
difference to the war, did they. I mean, there's not
a single person who's going to get fed or a
ceasefire going to get signed because somebody stood down Colin
Street and waved a flag.

Speaker 13 (01:18:10):
No correct. And I just wish the police would well,
the government would allow the police to bring in what
they have in your South Wales, which is a permit system,
And so if you want to march from your front
door down to the local train station, you have to
lodge a request with the coppers and they'll say, yep,
you can do it. Well, no you can't. Once we
get that in, I think they can probably start to
stop it. I mean, remember that four hundred and fifty

(01:18:31):
police are still up in the mountains trying to find
this Desi Freeman character, that police murderer, and then they
had to divert resources from that search over killed police
to this stupid march in the city.

Speaker 3 (01:18:45):
What's the read on how I mean, I'm assuming they've
got heat sensing staff and copts and child all that's
is he in the area still? I mean, it's a
lot of people looking for one blug.

Speaker 13 (01:18:55):
No one knows, and it's almost been a week. And yes,
they've got every piece of equipment all the way down
to armored vehicles. They've got the Special Operations Group who
are basically sas soldiers dressed up in police uniforms, and
they can't find the But his wife came out on
the weekend, amelely at Freeman, and she's told the media

(01:19:16):
her children stood and her stood with the police, and
she said quote, Please DESI if you see or hear this,
call Triplo and arrangeer surrender plan with the police. I
mean she's obviously worried that they're going to kill him. Yeah,
and that's a very likely possibility. I mean, look, the
area is yes, rugged bush, but this is a hell
of a long time. I'll tell you what. The temperatures
up there freezing, It snowed on the ground where they're

(01:19:38):
searching for Disnert Freeman at the weekend. He's either dead
or he's got this extraordinary cave like structure that he's
hiding in. I don't know. Dogs can't find him, heat
seeking choppers can't find him.

Speaker 3 (01:19:51):
Who knows, Hey, just quickly, Tiny Burke, who's you him?
Affairs Minister did this deal with NARU which seemed to
be sort of on the dlaw as much as he
could make it on the D line. It's just we
spend a lot of time on this program talking about
the British situation and both people in Nigel Farars and
all that sort of stuff. As far as signing a
four hundred million dollar deal with NAARU. Is concerned to
ship off a whole bunch of people. You don't want
in your country. Is that controversial and if it is,

(01:20:12):
how much it should be.

Speaker 13 (01:20:14):
More controversial than it is. And it's quite remarkable coming
from Tony Burke and the Labor government because they're not
in favor at all of offshore processing. They've complained about
it ever since it was introduced by coalition government. And
these people that you're talking about are convicted criminals. I mean,
this is the crowd that got let out by that
High Court decision. Rapists, murderers. I mean, how desperate is

(01:20:37):
the roof for money to say, okay, well give us
four hundred million and we'll take the worst gumbags on
the planet and they can come and live here. I mean,
if I was a ruined I'm not sure i'd be all.

Speaker 1 (01:20:48):
That happens about that.

Speaker 3 (01:20:49):
But the weird thing about it is in places, as
you'll be well aware, in places like Britain and Italy's
tried it and stuff, the first thing that happens in
the country like Australia is they go to court and
they get it blocked. Has no one gone to court
and asked to judge the rule on it?

Speaker 13 (01:21:00):
Well, I have. That's where the High Court decision in
The first place came because all of these characters were
locked up, and the High Court said, well, you can't
just lock someone up forever. You've actually got to process them.
You've got to let them out, let them go to
court themselves if they lose the case, to get them
out of the country. But most of these people have
destroyed their passports. No one knows where they came from,
and it's a horrible legal dilemma which Tony Burk's now

(01:21:24):
trying to fix with money. I mean, they've got to
find them for a start. They're not sitting in a
jail cell waiting to get sent to the route. No,
they're out in the community.

Speaker 3 (01:21:31):
Sees go well see Wednesday, Steve Price out of Australia.
Make have been listening to you while on a road
trip to Las Vegas, which is interesting. Five lanes each way,
thirty seconds to cross. Even the overweight Yanks seem to
make it across. Let me come back to Las Vegas
in just a moment. Eight forty five.

Speaker 2 (01:21:49):
The Hike Asking Breakfast Full Show podcast on iHeartRadio, Howard
By News talks that be.

Speaker 3 (01:21:56):
Just checking to AE minutes away from nine, there's a
pro Palestini I assume pro Palestinian March coming up in
Auckland this weekend across the Harbor Bridge. Having watched the
harbor Bridge in Auckland closed over the weekend due to
a breeze, apparently we're going to close it for a
protest now, so that'll be two weekends in a rows.
Back to Vegas. I was watching a thing Kim Ellman,
who's a I follow on YouTube. He's a F one photographer,

(01:22:18):
nice guy out of Western Australia anyway, he does these
various bits and pieces, and he was doing a little
program met on how it's getting cheaper and cheaper too,
go to the F one in Las Vegas and the
reason it's getting cheaper as they overcharged dramatically in the
first year. This is into the third year and Vegas
generally is in trouble with tourism. I've never seen it
this empty. It just dubtails him with what I was

(01:22:38):
watching with Kim. Then I get to an article I've
never seen it this empty. They're blaming tariffs the Trump slump,
and the question was, is since city the canary in
the coal mine for the entire US economy, Visited numbers
are down eleven point three percent year on year. We're
down seven point three percent across the first six months
of the year in percentage terms, that's the levalent to

(01:23:00):
the drop recorded over the entirety of the two year
period of the global financial crisis. So if Vegas is
what America is going to be economically speaking, they're in
a world of trouble. The other thing I want to
just elute you to because Rod's on the program this
time tomorrow and they've got this speaking of court cases

(01:23:22):
and people being shipped out and stuff. So you remember
the Epping story. So Epping's just one of these places
in Britain where they started sticking boat people in hotels.
Local people in Epping hate it. Local council went to
court and they won. They said you can't have that
hotel full of boat people. It's not on anyway the government,
And this is the irony of the story. The government
went to appeal the case over the weekend. They won it.

(01:23:45):
So it's now the government v. The people of Epping
or the people of Britain, because the people of Britain
are sick of this. So the damage being done to
the government politically is extraordinary. Even though they won the
court case anyway, the guy who was part of the panel,
there were three judges. One of them was a Lord
Justice Bean. Now he said that the initial judge made

(01:24:06):
a number of errors and principle now a leading barrister's
come forward and said this bloke Beans trouble and were
sending him off to the Judicial Conduct Investigation's Office because
of the following. He was chairman of the Socialist Fabian
Society from eighty nine to ninety which is linked to
the Labor Party. He was succeeded in that society by

(01:24:27):
names you will know Robin Cook, future Foreign Secretary, Ed Balls,
Margaret Hodges, the Children's Minister, and a bloke called Sadic
Krt who went on to run a place called London.
One of the founding members of the Matrix Chambers, alongside
somebody called Cherie Blair, who would marry a person called Tony,
also reported to have served as a treasurer for the

(01:24:47):
Society of Labor Lawyers, describes itself in its ads as
a think tank, an affiliated socialist society which provides legal
and policy advice to the Labour Party. So he's above
board and there so no wonder they one is the argument.
So we'll have more with Rod tomorrow at nine to nine.

Speaker 2 (01:25:04):
The make cosking breakfast. Where's rainfrow bun use Tom's deadb.

Speaker 3 (01:25:07):
Hearing aids they've always been expensive. I don't think that's
a surprise. Thousands of dollars up front and for many
people that's meant going without, of course, which is a shame. Well,
Resonate Health. Let me tell you about Resonate Health. They've
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co dot Nz. That's Resonate Health here Life Puskinger. I

(01:26:14):
can't believe, Mike that the police would allow a much
across the bridge. The police are dealing with it currently,
but I'm assuming it's a lay. It's you know why
they're doing. It's just a piss you off. Basically, you
can protest anywhere, but you don't interrupt people's lives. We've
got a guy from a company called neuro later in
the week. Or he's into self driving and they've done

(01:26:37):
some capital raising and it's fantastic story, except there's a
poll out. Only fourteen percent of these people surveyed think
that self driving is the future. In fact, if you
have self driving, you were turned off the vehicle because
you're afraid of the technology, which is interesting that applies
specifically to Tesla. But I look forward to chatting with
him later in the week. Five minutes away from nine.

Speaker 1 (01:26:57):
Trending now to help with great savings.

Speaker 3 (01:27:01):
Every day, Rainbow Crosswalk time. Ron de Santis, this is Florida,
the US Rond de Santas governor wants them gone. He
ordered everyone to paint over the rainbow signs and if
they didn't, they would lose their transport funding. So they've
been trying to do this. They tried to do it
in Orlando last week. Rainbow Crosswalk leads to the site
commemorating the Pulse nightclub shooting, and then the people there

(01:27:23):
immediately of course, painted the rainbow back again. So Daniella
Levine Carver, who's a Democrat maya is Miami Dade, had
this to say.

Speaker 7 (01:27:32):
You have research that shows that these could be safer
in fact for both pedestrians and automobiles because it actually
caused more attention, makes the crossworks more visible. And these
are not just paint unpavement. These are symbols of love, unity,
and respect, and we here in Miami DA County, we

(01:27:52):
stand for all of those things.

Speaker 3 (01:27:54):
Yeah, I don't think Ron's for turning on this particular one.
I don't think he's into that love respect thing.

Speaker 21 (01:27:58):
He's just like cer not to unity.

Speaker 2 (01:28:00):
I don't know.

Speaker 3 (01:28:01):
I just told you what to do, and if you
don't do it, you're going to lose your transport funding.
You can stand there and talk about love and respecting
you're blue in the face, but you're going to be
not catching the bus because the bus isn't coming through
town anymore. Because Ron seemed to its simple as that
for the first day of spring, I reckon that went
review well, didn't it? Change of season eight exciting times
before you know it.

Speaker 1 (01:28:19):
Will be Christmas.

Speaker 3 (01:28:21):
Back tomorrow morning from six Happy Days, Town Class and
only twice.

Speaker 2 (01:28:30):
For more from the mic Asking Breakfast, listen live to
news talks it'd be from six am weekdays, or follow
the podcast on iHeartRadio
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