Full Show Podcast: 02 July 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
It's your source of freaking news, challenging opinion and honored facts.
The Mike Hosking Breakfast with a Vita, Retirement, Communities, Life
Your Way, News, togs, d.

Speaker 2 (00:10):
B, why are you welcome today? Instant finds of your
next stuff in a shop, all stats around construction that
show the hammers are not swinging. I'm afraid got to
start up with a good idea in the medical field though.
Mark and Jinny Politics Wednesday after right Richard Arnold as
the Senate takes off the big beautiful bill. Steve Price
wripes up from Australia as well, asking US and thirty
seven power six welcome to the day. I mean it's
only Wednesday. In fact, it's only the start of Wednesday,

(00:32):
so let's be honest. We've only had two days of
news so far, and already two stories around power one.
Transpawer said, we need to find more revenues of power
generation and we need to do that quickly because until
all the promised transition stuff comes online, we're going to
be short of capacity. No kidding, they said, we have
a lot of promises on renewable, but the delivery isn't happening.

(00:52):
All that quickly, no kidding, And then two Genesis says
they're looking at what they call a fast start plant
at Huntley. Hasn't Huntley become quite the thing? Ah? A
while back, Huntley was the ugly girl friend of the
power generation family, Poor old, ugly fat Huntley. That was
when promises around wind and sun were flying and the
future was renewable and we could all save the planet.

(01:14):
What a gargantuan cock up that turned out to be. Now,
for at least the third winter in a row, the
industry's falling over itself to tell us what's not right,
what's not delivered, and drumming up new ideas that did
I suggest should have been drummed up a long time ago.
As regards Huntley, gas and coll the coal pile, by
the way, has never been larger. But gas and coal
takes twelve hours to get going in short fast starts.

(01:34):
Is what it does? You turn it on like a light.
Could I ask why is it now they're dreaming up
these ideas? Can I ask why is it now that
all the power companies are cooperating around Huntley to keep
it going for years and years to come? Why is
it we wait until we are broken to actually find
a few solutions. Wenjesinda made that captain's call to kill
the gas industry. Why did no one in the power

(01:56):
industry go, hold on, We're not ready. Why are so
few proactive? Why is so little preventative planning done? Why
do we have winters of ankst around rainfall and business
cutting production and method excelling their power to others. Why
is it we wait until we don't have anything left
to think about what to do about getting it back?

(02:17):
New Zealand k Very nineteen eighty six.

Speaker 1 (02:21):
News of the World In ninety seconds, I.

Speaker 2 (02:24):
Was definably beautiful. Bill's journey passed. The Senate needed a
casting vote from JD and as soon as that happened
to irony of irony turned out to be midday. So
this is what they do at midday.

Speaker 3 (02:33):
Help them to walk with forgiveness, so that they will
forgive as they desire to be forgiven.

Speaker 2 (02:43):
Yes, they prayed while it was all going on. Trump
was in Florida.

Speaker 4 (02:47):
Have taken what's that they're taken in now?

Speaker 5 (02:49):
I don't think they taken for gut.

Speaker 6 (02:51):
It's the greatest tax cut in the history of our country.

Speaker 7 (02:54):
And if it doesn't best it's the biggest tax increase.

Speaker 6 (02:57):
In the history of our countries, that alone, sixty eight
percent as opposed to a.

Speaker 2 (03:01):
Massive Next stop back to the House, where it's going
to get really interesting. Given not all Republicans are on board.

Speaker 8 (03:07):
They are massively watering down what we did to deliver
for the President on the Green new scam. This is
the Senate doing swamp things. This is the Senate listening
to k Street. This is the Senate wanting to try
to save some for their home states.

Speaker 2 (03:22):
The into Britain with the believed labor government are still
trying to do twist arms on welfare reform.

Speaker 9 (03:26):
This government must not and will not duck the big
challenges facing.

Speaker 10 (03:32):
This country because the people we are in politics to
serve deserve.

Speaker 9 (03:40):
So much better than this.

Speaker 2 (03:42):
Obviously, the Tories not into it.

Speaker 1 (03:43):
Unless this House acts, they will bankrupt our children.

Speaker 11 (03:48):
They will bury the next generation under a mountain of
borrowing and debt.

Speaker 2 (03:53):
But the real issue is neither of some of the
fellow labor rights.

Speaker 9 (03:56):
These the Kensian cuts, belong to a different era and
different party. They're far from what this Labor party is
for a party to protect the poor, as is my purpose,
but I am my brother's keeper.

Speaker 2 (04:10):
That is News of the World in ninety boat, by
the way, is literally unfolding in front of our eyes
and the commons. So when we get the numbers, I'm
assuming it will pass. But we get the numbers, will
pass them on to other news. This morning, Jerome Powers
in front of the committee and Jerome Powell told us
what we already knew, that the FED would have cut
by now if it were not for the tariffs. In effect,
we went on hold when we saw the size of

(04:32):
the tariffs, and essentially all inflation forecasts with the United
States went up materially as a consequence of the terriffs.
Eleven par six, the.

Speaker 1 (04:43):
Mic Asking Breakfast Full Show podcast on iHeartRadio powered by
News Talks.

Speaker 5 (04:48):
It'd be.

Speaker 2 (04:50):
The kex and I referred to yesterday. This is the
Chinese manufacturing that went up, which is sort of ironic
because the other one went down the day before. So
I don't know where we're at with Chinese manufacturing. What
I do know is in Europe, two percent was the
ECB's target for inflation, and the Euros in inflation came
in at two percent. Services inflation picked up to three
point three. I think over all they'll be happy with that.

(05:12):
Fourteen passing from jam My Wealth Andrew Keller her good morning,
very good morning, Mike. So three negative, let's make it
four negative. So what's happened to here?

Speaker 5 (05:21):
Yeah, this isn't good.

Speaker 12 (05:22):
Actually, it's not a good morning from the point of
view of dairy prices. Now I do a cavit all
this that we need. I would like to have a
bit more time to look through the detail of the
bidding and the composition in the Global Dairy Trade auction.
But the price INDITX has fallen four point one percent.

Speaker 5 (05:37):
Now, you're right. Leading into the auction, we'd seen three
negative auction in.

Speaker 12 (05:41):
A row, but they were relatively small declines you knowero
point nine one point six one percent, and that had
followed a four point six percent rise in early May,
and we've seen that very strong upper trend and dairy
prices have been in place since August twenty twenty three.
So look, you had three negative auctions, but larm bells
went ringing fore cast farm gate milk prices weren't being

(06:02):
pulled back. But a four point one percent decline that's
a little more notable. Butterfell four point three percent and
lots of focus on butter at the moment, but skim
milk powdered down one point seven percent. Here's the biggie.
Whole milk powder fell five point one percent. That is
a chunky move. So whole milk powder average prices have
now given up all of the games from twenty twenty five.

(06:24):
We're back to the prices at the average global air
trade auction results. We're back to where we were in
January now that peaked in early May. Those average prices
at four three seven four that's US dollars per metric tone.
Last night that average price was three thy eight hundred
and fifty nine dollars. That is a circa twelve percent fall.
That's material, and I sort of it brought my mind

(06:46):
back to there was I read a RABE Bank Australia
report recently that that was sort of pointing to increased
production growth and it talked about some demand side concerns.
It talked about those downside risk emerging in the second
half the year.

Speaker 5 (07:00):
So but Mike, let's not panic.

Speaker 12 (07:02):
But I do think this industry is going to make
This result is going to make the industries set up
and take notice and just remember it's the shining light
now domestic economy at the moment, we like it to
stay bright. And I think that there'll be a there'll
be a hint of concern.

Speaker 2 (07:17):
Here, Yes, there will be, and there's a hint of
concern presumably in this business outlook as we wait, wait, wait,
wait and wait for the recovery kick in.

Speaker 12 (07:25):
Yeah, absolutely right, Mike, that is just that's the thing.
We're just waiting, waiting, waiting for the effects of lower
interest rates to flow through to a left and real activity.
We are standy, it's the crunch now. So soon after
that sort of sobering, blowy dairy trade outlook. So yesterday morning, Mike,
we talked about what we call a high frequency read
on business outlook. That's the A and said business outlook

(07:45):
today we're going to we're looking at the New Zealand
Institute of Economic Research. It's the quarterly survey of business Opinion.
So it's corterly, it's a broader time frame. This is
certainly one that does inform people. The Arbyen said, amongst them,
it's very timely given the arbenzaid a review the OCI
next week. Now, what's interesting is not widely dissimilar themes
from the A and said business outlook seasonally adjusted, and

(08:07):
that's twenty seven percent. Expect economic conditions to improve over
the coming months.

Speaker 5 (08:12):
Now that has.

Speaker 12 (08:12):
Lifted, so that's a good and much quarter. That was
at twenty three percent. Now yesterday morning, Mike I talked
about this divergence of expectations from reality, so we're expecting improvement,
but it's taking a long time to realize. Very similar
sentiment described in this in the QSBO I mean their
exact words were a divergence between firms experiencing week demand

(08:34):
and firms expecting a recovery and demand.

Speaker 5 (08:37):
In other words, we think it's going to get better.

Speaker 12 (08:39):
It's just not happening for the For the quarter, a
measure of firm's own trading activity showed a net twenty
three percent of firms reported reduced activity in their own business,
so it's falling away. Building sector was the least upbeat,
just three percent expect business to improve in coming months.

Speaker 5 (08:56):
That was six percent last quarter.

Speaker 12 (08:58):
And Mike I just you got to sometimes try and
pick the positives out of these things. You've got to
salute the resilience of the retail sector, the spirit, the
retail sector is the most optimistic sector.

Speaker 5 (09:09):
But I just wonder micause that.

Speaker 12 (09:10):
Just can't get any worse, so you're naturally going to
think that it's getting better. The ARB said they'll be
mindful of the cost and pricing indicators in the survey,
And to cut to the Chase, I don't think there's
much evidence of inflation pressures in this survey at all.
That's a bit of a surprise, is no, because we
know that we're looking at the CPI possibly going up
to around three percent between now, Chris, you can't really

(09:32):
see much evidence that the survey, But I don't think
there's enough in there to change the consensus view that
the RBN said will hold the official cash rate and
they won't do anything next week.

Speaker 2 (09:43):
And and that is a whole other conversation from over right.
What are the numbers?

Speaker 12 (09:48):
So a bit of divergence in the US markets, actually,
because the Dow Jones is up four hundred and eleven
pointszer point ninety three percent forty five hundred and seven,
but then the S and P five hundred is unchanged,
but the Nastak is fallen point five seven percent. It's
so one hundred and sixteen points down twenty thousand, two
hundred and fifty four. The forts one hundred gained points
to eighty percent overnight eight.

Speaker 5 (10:09):
Seven eight five. The nick fell one point two.

Speaker 12 (10:12):
Four percent thirty nine thousand, nine hundred and eighty six
shang Hong Kong as it was up, so the Chinese
market three four five seven up point three nine percent.

Speaker 5 (10:21):
The O six two hundred barely moved eight five four one.

Speaker 12 (10:24):
We had a good name on the N six fifty
yesterday though, Mike up one point zero five percent one
hundred and thirty one points twelve thousand, seven hundred and
thirty four. Also, Hwei dollar had a good night, actually
pushed over sixty one cents at one point overnight. That's
now at point six to nine ozer against the US
point nine two sixty two against the ossiez point five
one sixty nine Euro point four four to three four against.

Speaker 5 (10:45):
The pound eighty seven point four nine.

Speaker 12 (10:46):
Japanese n gold is trading at three thousand, three hundred
and thirty nine dollars, and Brent crude still steady sixty
seven dollars and seven cents.

Speaker 2 (10:54):
Go well. Match sied tomorrow, Joymowealth dot Co dot m
Z Henry Keller Herds. Let me give you a couple
of bits of good news from New Zealand and TSB
the bank commercial lending growth up twenty nine percent. Their
customer deposits are up two percent, so they had a
very nice profit of thirty one point two million dollars.
Skyline Enterprises, you know how they go with the Lusi
and the Gondler and all that sort of stuff, ordered

(11:15):
at sixty one million net profit. Queenstown tourism is back, back, back,
baby back. Total global revenue up sixteen percent, so and
the outlook confident despite the world being a bit weird
at the moment. So good on them. Six twenty one.
Here at Newstalks Edbu.

Speaker 1 (11:36):
The Vice Asking Breakfast Full Show podcast on iHeartRadio powered
by News talksb.

Speaker 2 (11:43):
Mike, the power industry did tell just send it what
would happen with the gas and she ignored them. Contact Energy.
Mike just finished a couple of new geo thermal power
plants and Tarpo that's true to Hara is one of
them that generally agree with the knee jerk reaction, Mike,
New Zealand's becoming more like the EU run by unelected people.
The New Zealand system of selecting MPs, the same as
selecting in peace from a public closing time. By the way,

(12:04):
I don't know if you've been following Thailand, but Shinawatra,
who runs part of the Shinawatra dynasty. Of course, she's
been pinged overnight by the Constitutional Court. They've suspended her.
She was on a phone call with the bloke former
Cambodian leader called to Hunsen anyway, that got leaked and
she called am uncle and I won't go round to
the back door anyway. Just it all broke loose, They

(12:24):
went nuts, and there's been protests on the streets in
the last couple of weeks calling for her to go.
So she's been suspended overnight. The petition for dismissal has
been considered by the court, so that that bit of
news could still unfold a little bit further if you're
interested in Thailand. The other thing about Thailand, by the way,
I'll come back to later. They decriminalized cannabis, and they

(12:45):
made a horrific mistake. Just a reminder of what we
dodged a bullet on in this country a couple of
years ago. Now they've recriminalized it, but I'll give you
more details on that later as well. Six twenty five.

Speaker 1 (12:55):
Trending now with Humans, well your home of Winter accent.

Speaker 2 (13:00):
It's interesting because Netflix's are into the Cowboys, as in
The Della's Cowboys new documentary America's team, The Gambler and
His Cowboys, story of Jerry Jones, who owns at the
Giants family and the team's rise to become the most
valuable sports franchise in the world.

Speaker 11 (13:14):
There's a soap opera three hundred and sixty five days
a year.

Speaker 2 (13:19):
Texas just Football Country, The Hole in Texas.

Speaker 6 (13:22):
Same so God could watch his favorite teams, the Cowboys.

Speaker 8 (13:27):
I said that I don't know anything about running a
football team, and he helped me be eye and he said.

Speaker 13 (13:32):
Neither do I.

Speaker 11 (13:33):
We were gambling my family's whole fortune. So I had
to take risks and it started with Jimmy Johnson's and.

Speaker 2 (13:39):
He made practice.

Speaker 11 (13:41):
Hell so the game is heavy.

Speaker 4 (13:44):
We were ready time.

Speaker 5 (13:50):
All of a sudden there was a runaway train.

Speaker 13 (13:52):
Just got to experience it, and I got to say this,
how about the how we do it our way?

Speaker 5 (13:59):
Baby?

Speaker 2 (14:00):
They're all there, Triagman, d On Sanders, Michael that's now
here's the funny thing. It's out twenty five August, by
the way, on Netflix. Here's the funny thing. No one
loves the Cowboys more than I do. No one loves
the NFL more than I do. I looked at the
trailers boring as batshit. I just thought that am I watching?
It's just a bunch of people sitting there talking about
what once was. And the interesting thing about the Cowboys
is they don't win them. You think up, my obsession

(14:22):
with the Warriors is bad. The obsession with the Cowboys
is even worse. Every year they go to the playoffs.
Every year because of the divisional makeup, and I won't
boy you witness with the details, but because of the
divisional makeup, every year to they go to the playoffs,
and every year think God, could be, could be, could be?
Could be? In every year it's not. And yet they
are the most valuable sports franchise in the world. Welfare
reform in the Commons unfolding as we speak. The second

(14:42):
readings just past. I'm assuming they've got the numbers, but
it's interesting to have the less to follow, so we'll
keep you posted throughout the morning. Meantime, the news is
next before we get stuck into the New Zealand construction
center or sector.

Speaker 1 (14:57):
The News and the news maker, the Mic Hosking Breakfast
with the Defender actor the most powerful defender ever made,
and News togs Head been.

Speaker 2 (15:06):
A beautiful bill with Richard Arnold. The welfare reform goes
to Select Committee or the committee stage in Britain, seventy
five majority on the boat. They got the amendments, they
wanted all the rebels. If you got the amendments they
wanted about five billion pounds worth of that's unfolding as
we speak, and to America shortly with Richard Arnold. Now
back here for the moment. Things in our construction sector
continue to be hard. Yards. We've got Statue Zealand data

(15:29):
new home consent figures are down three point eight percent
year on here, second lowest since twenty eighteen. Carl Taylor
is the CEO of Combined Building Supplies co Op and
as well as Carl, very good morning to you, Yes,
good morning mine. Is this all over the place? Domestic
commercial apartment standalonees the lot?

Speaker 10 (15:45):
I think you've got to remember the building content data
only makes us a small part of our industry, so
it does appear to be across the sector. But it
is starting to feel a lot better out there. We're
reporting our guys spending a lot more money. Good, but
it is certainly feeling better than vibes better.

Speaker 2 (16:02):
So some of these stats are in the rearview mirror,
as they say.

Speaker 10 (16:08):
It's normally three or four months behind. So what we
track is we tracked concrete volumes and what our members
are actually spending.

Speaker 4 (16:15):
Across our merchants.

Speaker 10 (16:17):
Last month is one of our major merchants, we reported
a ten percent increase and spend just from the month prior.
Now that's made up off the guys you know building
decks and showers and bathrooms as a post of building
consent work. What we are seeing though is some of
our rural members, so some of our dairy farmer members
believe or not starting to spend money on their fixed

(16:39):
as sets as well, you know, doing up their bathrooms,
doing up there properties as well. So I think that's
pretty positive to the sector good.

Speaker 2 (16:46):
So this would this be part of the interest rates
are coming down, there's more money in your pocket and
you go out and spend it. This so called recovery
we've been spending the whole year on so far thinking
about Yeah, yeah they are.

Speaker 10 (16:57):
They're cy staring to open up their wallets and spend
their money.

Speaker 4 (17:00):
Again.

Speaker 10 (17:01):
The vibe of the sector is getting better. People more positive.
We're reporting people or some of our members doing more quotes.
So the activity is certainly starting to speed up. And
I'm pretty excited for the next twelve months, that's for sure.

Speaker 2 (17:13):
So you would argue, just putting your finger into the wind,
that things are turning and by the end of the
year we might have some good news to genuinely talk about.

Speaker 10 (17:22):
Well, don't get me wrong, it's still very tough out there.
There's still a lot of pain, but again, the ViBe's
good and I'm really excited for what the next twelve months.
See said the sector, It is starting to look ready
positive for the next twelve.

Speaker 2 (17:34):
Fantastic Well done, cal congratulations for coming on the program,
giving you something to cheer on. Carl Taylor, who's the
CEO of the Can Buy a Building Supplies co op.
Jimmy Swaggett remember the name. He's died age ninety. He
was with the Hooker in eighty eight New Orleans. Who
can forget that TV evangelist. Of course, I don't know
if he was the original TV evangelist, but he's certainly
one of the biggest. But he's gone by the way
in contrast to what Carl has just told us. The

(17:56):
warehouse yesterday again and I just wonder how much of
these and it's worth no that you've got the general vibe.
So he's talking about the industry, so you go to
the warehouse. Now they talking about retail because Andrew gave
as the numbers HOSPO, not the hospit. But retail are
still optimistic for the future, so good on them. But
the warehouse they downgraded their earnings forecast again yesterday. Now

(18:19):
is that retail? Is that the economy or is that
the warehouse struggling to get their act together. They're blaming
the winter this time because it didn't start at the
right time or whatever. We didn't go by a heater.
But apparently things have turned around, or hopefully they are
because June got cold and wet. Who knows. Twenty minutes
away from seven.

Speaker 1 (18:38):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
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Speaker 2 (18:45):
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Asset dot com slash getting Dash Advice, Ask Billy Graham
was the original televangelist. I think Matt you're probably right,

(19:50):
mind you, he wasn't caught with the Hooker and New
Orleans in nineteen eighty eight. Mike co owner housing company
in Auckland. I have fifteen approved consents on my desk
for new builds, haven't put on them for twelve months.
A lot of builders are the same. The consent data
sometimes doesn't show that important point to remember. I'm still
twelve months away from needing another consent. However, I will
build the fifteen that I've gotten the next twelve to
eighteen months. Times have been tough, but we are over

(20:12):
the hump, encouraging six forty.

Speaker 14 (20:14):
Five international correspondence with ends and eye insurance, peace of
mind for New Zealand business.

Speaker 2 (20:20):
We've been on a very good morning for you, Good
morning mind, JD required and we're back to the house.

Speaker 1 (20:25):
Yeah.

Speaker 7 (20:26):
So that's the headline of what a process. This is
politics as usual as subnew combo of cronies and bribes
and threats. Trump a short time ago muscled his tax
bill through the Senate. He squeaked it. The vote was
party line, fifty to fifty. Then, as you indicate, Jade
Vans de Vice President came into cast a tiebreak and
push this along, so it now goes back to the

(20:46):
Lower House. No Democrat voted for the Trump measure, which
is expected to add, as we've noted, five point four
to five trillion dollars heal international dead on top of
the present fifty nine point two trillion dollar debt if
we're lock into place earlier Trump tax cuts, but most
of those tax benefits will go to the wealthiest as well.
There is two hundred and eighty seven billion dollars for

(21:08):
immigration enforcement. There was an alert today that ICE immigration
agents in Marks have been spotted in my own suburbs.
They're showing up at schools and restaurants and car washers
and strawberry fields where they were chasing workers the other
day across the farms. One man, a doctor who is
quoted today saying he has had to drive his own
kids to sports breakfasts because then nanny would not leave

(21:28):
the house. He says, quote, it's like Anne Frank or something,
referring of course, to the young Jewish girl who was
in hiding during World War II before being caught and
dying in Auschwitz. Anyway, the big lyticist from the Trump
bill are poor people who need food stamps money for food,
and poor people who need health care coverage Medicaid. Trump said,
re medicaid.

Speaker 11 (21:47):
Here's what I want on Medicaid.

Speaker 13 (21:49):
We're not touching anything.

Speaker 7 (21:51):
Well, there was a lie. The bill's Medicaid restrictions are
expected to lead to the loss of healthcare coverage for
around eleven point eight million Americans over time. Republicans Josh
Hawley said he was really worried about healthcare in his
state of Missouri, then he voted for this thing anyway.
Republican Senator Tom Tillis, who's at wealth they notas said
to be around eighteen million dollars in New Zealand, so

(22:12):
his food supply and health insurance are probably going to
be okay. Tilli said he would not vote for the bill.

Speaker 15 (22:18):
Why do I tell six hundred and sixty three thousand
people and two years or three years when President Trump
breaks his promise by pushing them off of medication?

Speaker 7 (22:29):
So Trump said if Tilla supposed him, he Trump would
back someone else to replace him in the Senate.

Speaker 2 (22:34):
Take that well.

Speaker 7 (22:34):
Tillis then said he wasn't going to run for reelection anyway.
So you take that, mister president, shows again that the
only Congress people these days with any guts of those
with big savings accounts who can't stand the game anymore anyway.
So Trump could not afford to lose more than three votes.
He lost three, and on the fence was Alaska Senator
Lisa mccowski, and she was bought off. They kind to

(22:55):
deal with her late in the game. So food stamps
still will be available in Alaska, but not in most
other states without extensive paperwork requirements. So she's fine with
that cutout for her own. If the rest of the
country has a tougher time, so be it. Then there's
the return of Elon Musk. Yeah, haven't heard from him
for a few days. Welld's richest man says, if it's
the quote last thing he does on this earth, he

(23:18):
will put some of his megabucks into defeating any of
those who voted for the Trump Bill. Elon says he
also will form his own political party, the America Party,
But Trump says mask is only peeved because he doesn't
get cash for his electric vehicles under the bill, writes
the president, quote, Elon may get more subsidy than any
human being in history by far, and without subsidies, Elon

(23:39):
would probably have to close up shop and head back
home to South Africa. Trump continues quote no more rocket launchers,
satellites or electric car production. Perhaps, says the President, we
should have Doze, of course Elon's creation, to take a
good look at this. Then it all cahaps big Buddy
to be saved. So the bromance Mike seems to be
in trouble. Maybe a bit of couple's therapy needed.

Speaker 2 (24:01):
This Idaho thing, is this a plea deal?

Speaker 7 (24:04):
It is, and it's a plea bill that's not making
everybody happy, you know, including some of the family members
of the four students who were stabbed to death in
this stabbing rampage in Idaho. This is the case of
Brian Coberger, whose mass murder trial was about to begin soon,
but now it's all been said aside. Prosecutors have made
this agreement with a killer who has said he will
plead guilty to the murders in court tomorrow in order

(24:24):
to avoid the death penalty. That means execution off the table.
And also there will be no chance for the families
to find out details of what happened to their loved ones.
One of the victim's families that gone. Salva's family is
very unhappy with this arrangement and says they weren't even
told till this was actually announced.

Speaker 10 (24:41):
They failed me, They failed my whole family.

Speaker 5 (24:43):
Yeah.

Speaker 7 (24:43):
Then a member of that family is calling the prosecutor's
actions shocking and cruel. So there's a lot of anger
over what has been done in this case.

Speaker 6 (24:50):
Mike.

Speaker 7 (24:50):
Whatever people's opinions are about capital all.

Speaker 2 (24:52):
Right, if I appreciate it very much. Out of the States.
By the way, Bob Villain telling you this time yesterday,
you know this is Glastonbury. They will look at canceling
their visas. They've done that, so Bob and his mate
won't be going to tour in America later on this view,
which is good. The other thing that's going on with
Trump at the moment is Paramount, which owns CBS. This
is the Karmela Harris did they edit it in a

(25:13):
weird way type argument? So Trump sued them, and the
problem for Paramount is they've got a merger a deal
they want to get signed up by Trump, so they're
very close. The news is they're on the verge of
a settlement. Part of the problem is they've got a meeting,
a board meeting, company meeting coming up at the end
of the week, and they're announcing new directors, and if

(25:35):
they don't cut a deal before the end of the week,
the new directors will have to get involved in the
lawsuit and they don't want to. So they're about to
cut a deal, which, of course is the problem with
the whole case is it was shown that CBS didn't
cut it up in any way untoward or unusual, and
this is really just a stitch up for Trump. So
someone's going to write a check, and Trump's going to

(25:55):
get the check, and they'll get their merger. And that's
how American politics works. Ten minutes away from seven before Don.

Speaker 1 (26:01):
Mike Hosking breakfast with Bailey's real estate newstg zb.

Speaker 2 (26:06):
Messa has done a deal with Netflix to stream rocket launches,
and I'm just wondering if we're reaching peak programming. See,
they've already got their own app So if you want
to watch a rocket go up, you can, and we'll
be able to watch it and have been able to.
The National Aeronautics and Space Act of nineteen fifty eight

(26:29):
calls on NASA to share their story of space exploration
with the broadest possible audience. There's no details on the
financial disclosure. SpaceX Alon's got eighty one launches in the
first half of this year, so it's not like there's
not a lot of rockets going up. But my question
from a programming point of view is, once you've seen
wonder Well, isn't one rocket all the rockets? Or are
you watching like the car racing are you watching for

(26:49):
a crash, You're watching for the explosion? So what's your
ratio on that give given? Generally, apart from elon stuff,
generally rockets go up and they're successful. So how many
launches do you want? Do you get disappointed on an
aborted or is that exciting? So when you get down
to sex and they go abort a boat and you go, oh,
that was cool. Or do you want it just to
go up and go up successfully or do you want

(27:10):
it to go up a little way and then blow up? Anyway,
that's your latest Netflix. You notice on Netflix lately there's
a lot of that foreign stuff with subtitles tremendous amounts,
So they've obviously gone to Bulgaria and bought a whole
lot of programs no one's ever seen before and whack
them on the suit.

Speaker 16 (27:25):
I think I can recommend Eat and Nought, the Argentinian
dystopian sci fi.

Speaker 2 (27:30):
Of course you can five minutes away from seven.

Speaker 14 (27:32):
International Well, the ins and the outs.

Speaker 1 (27:36):
It's the fizz with business fiber take your business productivity
to the next level.

Speaker 2 (27:41):
Numbers one who pays tax in this country surveyed. This
is jam through June of the last year. To pay tax,
of course, you've got to make a profit. And the people,
the banks are the ones who pay all the tax.
Of course, they count for nearly one and six corporate
tax dollars, about two and a half billion. In total.
We got thirteen companies that pay more than one hundred
million dollars a year. Between them, they pay three point
us billion. That means thirteen companies account for about a

(28:02):
quarter of our entire corporate tax take in this country.
So the government thinking about cutting corporate tax rate. I
don't think they're going to do it anytime soon, but
let's say they do down to twenty five. Let it
take a quarter billion out so thirteen three one.

Speaker 15 (28:15):
Now.

Speaker 2 (28:16):
Cadi said to me the other day, I've got to
stop doing lists. She says lists are boring and ten
through one is boring. It's old fashioned radio. So now
I've got thirteen three one, So the thirteen three one
better than ten through one.

Speaker 16 (28:26):
Well, just pick out some random numbers.

Speaker 2 (28:28):
Just what she said. She said, mix it up and
make it, make it cool. But I've already done the banks.
So you want to hear the banks? Biggest bankers? And
said they pay eight hundred and seventy three million dollars.
Do you want to know what number eight is? She goes,
don't do number eight and then give a dumb comment.

Speaker 16 (28:43):
Eight's a lucky number.

Speaker 2 (28:44):
Eight a lucky number. She has this boring radio. So
eight is Fulton Hogan? Do you want to play a game?
I guess how much they play? Now we don't. Games
are done. Pecking numbers and playing games is done. That's
what Katie says. Where was I Fulton Hogan pay one
hundred and forty million? Your energy pay one hundred and fourteen?
What number of eight? Don't do lists? What number of day?
Then number ten? A lot of people play on it. Look,

(29:07):
I don't know what to do. Sam gives me the list.
Katie says, lists are dumbed. I's old fashion radio. I
want to be accused of doing old fashion radio. But
then again, Sam put all that time.

Speaker 16 (29:18):
Man, you need a drink after this?

Speaker 2 (29:20):
I know no exactly. Sam was late this morning because
his car doesn't work. Car's broken down. I've told him,
get in this and it'll never go. I'm sure enough,
get in this. What can I say? The business of
finding in the retail. That's been quite the week for
Paul Goldsmith. He's with us after seven point thirty, and
we'll say something like, boy, it's been quite a week,
hasn't it Paul, And he'll go, yes, it has anyway.

(29:41):
Rod Duke from Briscoes on this shortly for week.

Speaker 1 (29:45):
The only report you need to start your day the
My Costume Breakfast with Bailey's real Estate altogether better across residential,
commercial and rural news dogs head been.

Speaker 2 (29:55):
I think seven past seven. So big week on rules
and penalties around crime. The Justice Minister with the in
half an hour. But yesterday it was retail's turn. Infringement
notices five hundred bucks of stolen goods below five hundred
dollars over five hundred fines up to one thousand for
the big stuff over two thousand dollars you can go
to prison for up to seven years.

Speaker 4 (30:10):
Now.

Speaker 2 (30:10):
Rod Duke, of course, is the Briscos Group managing director
and is with us. Good morning, Good morning, Mike. Is
this theory or reality? Do you think it'll work, these
instant fines or not?

Speaker 17 (30:21):
Well, I think it's a terrific start. Look, you've got
to start somewhere. There's a lot to come through in
the detail, and it does sound as though it's going
to take a year to coming to force, so we've
got a bit of waiting to do.

Speaker 2 (30:35):
How will you implement it? Do you have you put
any thought into that? I mean literally, how will you
implement it?

Speaker 4 (30:42):
Well, we've.

Speaker 17 (30:44):
We've got cameras, we've got facial recognition probably coming through
to catch the more hardened of them. But I guess
that's in the detail. Even today, as you know, it's
pretty difficult to get the police on site when you
do run across, run across the thieves.

Speaker 4 (31:01):
But look, we'll see.

Speaker 17 (31:03):
I guess there'll be some some guidance for us.

Speaker 2 (31:06):
The next part will be do you think they'll ever
pay the fine or is that not really your problem?

Speaker 17 (31:12):
Well, it's probably not my problem, I think. Look, at
the end of the day, there will be embedded in
the legislation some consequence. Well I'm hoping there'll be some
consequence embedded in the legislation, but you know, as I've
been told, it's it's a year in the making. So
I guess we've just got to hold their breath and

(31:32):
see what happens.

Speaker 2 (31:33):
Flip side of it. Do you think it's a deterrant?
I I am a thief. Do I think that a
thousand dollars are going to put me off?

Speaker 17 (31:41):
Well, look at they probably will put some up, but
there's some pretty hardened thieves out there and Peel you,
you know, pretty experienced at this this thieving gig as well,
they'll put some off, but you might it might have
to just look at strength a little little downstream.

Speaker 2 (32:01):
I guess, So what do you deal with in terms
of crime? I mean, how much does it cost you?
How often does it happen? And who are these people?

Speaker 17 (32:10):
Look, I think it's reasonable to guess that it costs
some retailers somewhere between half a percent and one percent
of their revenue. So if we were in that boat
our revenue about eight hundred millions, it's probably going to
cost us about around about six to eight million dollars

(32:31):
a year. So that's the that's the that's the quantum model.

Speaker 2 (32:35):
And is that every shop every day.

Speaker 17 (32:38):
Now that's a total total stop. Yeah, it happens, it happens.
It happens pretty much every day. There's no there's no
set pattern to it. There's no set stores. There's gangs
that rove for the store to store to store. You know,
they just give us, they just take it in turns.

Speaker 2 (32:55):
And how to staff handle it? And is that an
issue for stuff?

Speaker 17 (32:59):
Well, look at a huge issue because look, at the
end of the day, you know, losing the money is
just catastrophic for us. But at the end of the day,
you know, staff injured, their abuse, they're threatened, and that's
probably the bigger issue that we think about. The staff

(33:22):
a under enormous pressure.

Speaker 2 (33:24):
All right, Ron, appreciate it very much. Rob Duke, who's
with Brisco is obviously ten minutes past seven pass a
little bit of movement around our new fairies also to
report on this morning. Government and port operators have agreed
on the core infrastructure and the equipment needed now picked
and will have new warves and new link spans Wellington
will modify the existing infrastructure the last thirty years. Chris
McKenzie is the chair of the Ferry Holdings Limited and
as well as Chris morning to you.

Speaker 18 (33:46):
Good morning.

Speaker 2 (33:46):
Is this all looking good?

Speaker 18 (33:49):
It's looking positive at this point in time. Yes, there
will be some robust discussions going forward between the ports
Key Rail and Ferry Holdings Limited, but this is a
reasonable sized infrastructure project, so it's to be expected.

Speaker 2 (34:04):
Is there a big gap between what you want and
what you're getting?

Speaker 18 (34:08):
No, No, What we are doing is the Cabinets mandated
us to get two fairies, two ports with appropriate nesting
structures and a rail operator who's running ferries in twenty
twenty nine. All of that comes together and hopefully it
will be an improvement on what we have at the moment.

Speaker 2 (34:29):
And when you say hopefully, is that like fingers crossed?
Because from New zealand Inks point of view, how compromised
is this whole thing?

Speaker 18 (34:37):
Do you think it isn't compromised?

Speaker 4 (34:39):
And it's not.

Speaker 18 (34:42):
We're not worried about it. What we have to just
think about is it's an infrastructure project and you know
New Zealand's reputation on infrastructure projects deliveries. We will have
everything put in place. The signing that we have done
with the ports and Qrail over the the last couple
of days has put us on a path to be

(35:04):
successfully completed. But there are always things that come up
in the infrastructure, but we touched would confidence that we
will deliver in twenty twenty nine. Two fairies, two ports
and a rail company that cannot break the fieries.

Speaker 2 (35:19):
Can I argue with that? Chris, go well with it.
Appreciate it very much. Chris McKenzie, Cheer of Fairy Holdings.
If you weren't watching the news last night, the television news,
Peters was I picked, and my god, what a day
it was. It was everything you love about the Marlborough sounds,
just absolutely glorious. Thirteen past seven, tasky and this in
defense coming to the four. Poor old, poor old Sammy

(35:40):
was late this morning because there's mist and fell apart
three hundred and five K's mike on my Maxima going strong,
had it since new in two thousand and two, it
should be missing strap line headed new since two thousand
and two.

Speaker 16 (35:52):
I mean to be fair, Sam's car didn't fall apart
the battery.

Speaker 2 (35:54):
Right, I didn't say it fell apart, Yes, he just did.
Just then, Oh, did I Yeah, Oh okay, Mike buy
and listened to. That's my defense on everything. I didn't
say that, did I, While actually yes you did, Mike
Bayerniss and Tea, I own one never been off the
road for anything other than regular servicing, So there he
has probably being a bit harsh on the this and
now and then the Katie thing. Mica are likelists, but
I'm a bloke, so have three things on the list,

(36:16):
otherwise I might not be able to absorb it or
good point, Mike. I may be a bit left brain,
but I really like lists. I'm actually one of those
that really hate when the news saying this was the
second greatest without telling me what the number one was.
So I've got conflicting advice here this morning, I'm making
up random stuff and I've got conflicting advice, so I'll
try and tidy my act up. Shortly thirteen past seven.

Speaker 1 (36:38):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at.

Speaker 2 (36:44):
B Politics Wednesday after Rate sixteen past seven to the
health sector where a key we startup, mid Selve, has
been going well in Australia. Their thing is re manufacturing
single use medical products, right now the good news here
as Farmax finally accepted their products onto our medical device list.
Now Oliver Hunt see mid Silvers with this. Oliver, very
good morning to you.

Speaker 4 (37:04):
Morning Mike.

Speaker 2 (37:04):
Has it been an arduous journey with Farmic, Yes.

Speaker 19 (37:09):
We've had our challenges, but it's great to be on
the list finally after operating in New Zealand for coming
up on eight years.

Speaker 2 (37:16):
What do you re manufacture?

Speaker 19 (37:18):
Literally, so we take products like deban thrombosis prevention sleeves
that go around your legs after during surgery, cleaning them,
test them and then send them back to hospitals for
safe clinical reuse. And we can do that up to
fourteen times in New Zealand and at a significantly lower
price than the original products.

Speaker 2 (37:35):
So what's been the problem in holding that up? When
you go to Farmac and go look what I can do?
When they say what, Well, Phemak.

Speaker 19 (37:42):
Has gone about a process of contracting all of the
products in the health system and it's about two hundred
and forty thousand of those and they've done that category
by category and haven't reopened those contracts once they were
locked down. So for many of those contracts they were
locked down before we even existed, and we haven't been
any avenues through which we can enter that.

Speaker 2 (38:00):
And so are you new in terms of this technology
to re manufacture. Therefore, this is going to revolutionize the
throwaway mentality in the health system and therefore the sooner
we get onto this the better. Or has this always
been available in you're just another version of what people
have been doing for ages.

Speaker 19 (38:16):
We're very new in the global sense. It's been done
in America for a while, but we're really bringing it
to the rest of the world, into Australia and New Zealand.

Speaker 2 (38:24):
Now how wide a product range can you do?

Speaker 4 (38:30):
It's pretty substantial.

Speaker 19 (38:31):
I mean, the label single use has been applied to
a huge number of products that were originally reusable or
in some form able to be used multiple times. So
it's an expanding impact field if you like.

Speaker 2 (38:43):
There was the other thing to going to ask, so
there are more and more products of the technology is advancing, etc.

Speaker 19 (38:48):
Yeah, absolutely, and it's going to get bigger and bigger
as you start to see more complicated devices coming out
and robots.

Speaker 4 (38:54):
And things like that as well.

Speaker 19 (38:55):
But you know, obviously you have to be able to
adopt it. But yeah, I mean that's one of the benefits.
But the other thing is, you know, we're a process
driven by people, and we've been able to create a
process that we employed people facing barriers to employment in
that which has a tremendous benefit from direct economic compect.

Speaker 2 (39:11):
So you'll win, win.

Speaker 19 (39:13):
When win when planner, sorry three wins.

Speaker 2 (39:15):
You'll when when when.

Speaker 4 (39:18):
Absolutely good on you. Well there's a lot of ones
to be had.

Speaker 2 (39:20):
There so many ones. Well I had three at last count.
So how many millions we talk? We're talking millions, tens
of millions, hundreds of million dollars and potential savings.

Speaker 19 (39:29):
Well, when I started out, I worked backwards from what
could be done in America and I came up with
a number of one hundred million dollars in New Zealand
with the products that we use. But we're a long
way away from America, so we're paying more for our
devices and that is a fact.

Speaker 4 (39:42):
We're paying more than.

Speaker 19 (39:43):
For our devices and Australia as well. So there's a
great opportunity there and if you can do it locally
and provide the jobs here, there's there's good benefits to
be had.

Speaker 2 (39:52):
Great story, all well done, appreciate it very much and
glad glad Farmacs come to the party. All behund He's
the CEO of mid Self. He's he's in chargeable, win, win, win,
and win company. Mike, who show is it you want lists? Haveless?
Oh mate, Nate, that's my show. Steading on Mike four
hundred and twenty two thousand on the BT hold In
six Speed manual got rear ended the other day, written

(40:13):
off break my Heart. I'm going to come back to
one two seven in a moment for a new emailers, Hey,
get your ten to four hats out there, get them on,
Get them on one two seven and update shortly seven twenty.

Speaker 1 (40:30):
The Mike Asking Breakfast Full Show podcast on iHeartRadio Power
by News Talk.

Speaker 2 (40:36):
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(41:41):
every day. Pasky Now seven twenty four New developments. New
developments in the now infamous one to two seven of
the Education Training and Amendment Bill. Now Actors, it turns out,
tried to get the treaty clause taken out. National stopped it.
National has an argument. It's not a bad argument, but
it's nuanced. And the question is where the new want
argument in an age of rage and clickbait is wise.

(42:02):
National want the highest possible achievement for every student. Nothing
wrong with that. That is the quote unquote paramount objective
they are sending to all boards around the country travelers.
The treaty clause is still there, so the Prime Minister
as Education minister is stuck arguing two things. The two
things almost inevitably get lost in the fury of the debate.

(42:23):
Act say, if it was up to us, the clause
on the treaty would be gone. Keeps it simple, doesn't it? Now?
Part of the debate has to be around whether or
not a clause, a race based clause, is of interest
to you. It is possible that most of the country
doesn't follow this debate, doesn't care, and therefore it doesn't
damage National doesn't add to the reputation that there are
a lot of talk, no action, a lot of debates

(42:44):
these days, and one two seven may be one of
them are whipped up by pressure groups and spun into
a thing with an email type campaign. I can speak
from experience. A lot of people who forded emails to
me this time around. Clearly haven't read a word of
what they're objecting to. It's very broad brush anger at best.
Poor old Erica Stanford was busy on this program the
other day arguing that there are legitimate questions about the

(43:06):
treaty clauses. So that's why Paul Goldsmith is looking at it.
That's political code for we hope it'll go away. But
looking isn't doing, and that is to act's advantage. Of course,
what we do know, and this makes it worse, is
schools are obsessed with Mari issues. Schools do spend an
an ordinate amount of time on stuff that isn't reading, writing,
and adding. And because our schools produce kids who haven't

(43:27):
passed much or don't turn up at all, the charge
is easy to lay that if they spent less time
on the morification of the place, we might be better off.
So politics and race and schools, there's a heady old
mix for national In a world of simplistic clarity egged
on by emotion, there have a bob each way approach
looks increasingly to my mind like procrastination and excuses posky.

(43:50):
We'll ask got Paul Goldsmith about that shortly he's coming
on to talk about justice. But we'll will come in
from the side with a tricky one two seven question.
Morning Mike. Thank you for your Netflix referral Brassic What
great characters in comedy? Yeah, it's brilliant. One hundred. Glenn,
Glenn's got the Glenn's got his finger on the pulse
of New Zealand. No one reads Middle New Zealand like
Glenn with his recommendation earlier on of Eaton nought stray

(44:16):
and you laughed straight. I still still laughing out of Argentina, Mike.
What's the fascination with the cowboys? Go and support a
real team, be a cheese head, go the pack. Super
Bowl attendance a bucket list for you, Mike, It's one
of mine. No, I am slightly if I can be
honest with you, slightly Jelly of the business this weekend,

(44:37):
I won't bore you yet again with our shall we
go on holiday? Shall we not go somewhere on holiday
routine for July? And one of the places we're looking
at going is London. What's happening in London this weekend?
Ask yourself what's happening in London this weekend? The answer
is Silverstone, and the answer is f one. Now, if
there's one thing I would quite like to do, it's
go to n if one, not Melbourne. You anyone go

(44:59):
to Melbourne. Stone's the greatest track in the world and
to watch the race in a beautiful, hot English summer.
That's a bit of a bucket list for me. But
I'm not going so anyway.

Speaker 5 (45:11):
That's thing to that story.

Speaker 2 (45:12):
News is Next Zarnie.

Speaker 1 (45:15):
New Zealand's voice of reason is Mike the Mic asking
breakfast with a Veda, Retirement, Communities, Life, Your Way, News
togs Head be.

Speaker 2 (45:24):
Twenty three minutes away from Mate, So back toward's two
other Justice week new laws around assaulting first responders the
coward punctu will become a culpable homicide defense harsh of
hunishment for retail crime. Of course, weor Goldsmith is the
Justice Minister, and as well as very good morning to
you morning Mike Calay very well. Indeed, I don't know
whether to do this collectively or individually. Do you have
KPIs on this? What tangibly do you expect to happen

(45:48):
as a result of all the announcements you've made this week?

Speaker 3 (45:51):
Well, our primary goal in the justice space is to
reduce the number of victims of crime, serious violent crime
in particular, And so that's the number one. That's what
folks used on the good newsers that we're making progress
on that. We set a target to drop from one
hundred and eighty five thousand New Zealanders being a victim
of serious crime to one hundred and sixty five by
twenty twenty nine. We're already down to one hundred and

(46:12):
fifty eight. That's still one hundred and fifty eight thousand
too many, and we're pushing hard. So all of it's
about sending a clear message that you know, the labor
approach of somebody else's fault for you creating crime, or
it's something in the past. No, no, we've got a
sheet home personal responsibility. Send a clear message there will
be consequences. And each of these are the ways is

(46:35):
a different way of saying that basic message.

Speaker 2 (46:37):
How much of what you've announced is a deterrent as
opposed to something you will have to act upon. Do
you think, oh, well, it's both.

Speaker 3 (46:47):
The extra tools that the high fines for assaulting first
responders is well, it's partly a deterrent, but it's also
signaling a very strong message from society that we won't
tolerate it in terms of retail crime. Look, I mean,
I don't think anybody would argue that what the current
situation is good enough with too many people just walking

(47:07):
out of shops, not paying for stuff, being escorted by
security guards to the car, and driving off.

Speaker 2 (47:13):
So that's why we're giving We'll be.

Speaker 3 (47:15):
Giving security guards and people the ability to hang on
to offenders until the police arrive. A whole bunch of things,
which is all designed to push back against this kind
of this weird idea that it's okay just walk out
without paying for stuff and everybody.

Speaker 2 (47:29):
Else to find. Do you honestly expect a person who next, say,
side of beef and it doesn't be to pay a fine?

Speaker 3 (47:37):
Well, I expect them to be given a fine if
it's appropriate at that time, when there's a police officer available,
or we can get somebody to view some footage, identify
the person and send a fine off. Yes, just as
it's sudden appropriate that people will pay a fine if
they're speeding down the road. Now, if you're saying, well,
some people don't pay their fines, that's true, and that's
another challenge that we've got in the justice here, which

(47:59):
we're very focused on being much more aggressive in collecting fines.
And I've given the very strong instructions to the Ministry
of Justice to be more aggressive, and they've already budgeted
for collecting.

Speaker 2 (48:10):
A whole lot more fines and they will be part
of this week's announcement to the discounts and all that
sort of stuff in court. Are you comfortable with how
courts deal with what you're trying to do.

Speaker 3 (48:22):
Well, Look, obviously, the first way for a Ministry of
Justice to get sackedor is to criticize the judiciary directly,
so I'm not going.

Speaker 19 (48:29):
To do that.

Speaker 3 (48:29):
But what I'd say is it's Parliament's job to send
the law and a clear message in the law, and
that's what we're doing with tougher sentences and restricting the
ability of judges to massively reduce sentences with all these discounts.
That's the signal we're sending. I mean, ultimately, we've got
other choices available to us. We could have mandatory sentence,

(48:50):
so we could have minimum sentences. There are other things
we can do. But I'm very confident that we're sending
a clear message.

Speaker 2 (48:56):
A lot of people have texted us this week and said,
why don't you do minimum? Why don't you do minimum?

Speaker 3 (49:01):
Well, look, look, we may well in the future. What
we've done in the past in New Zealand has always
been a maximum sentence with a discretion under that for
you know, to deal with all the many multitudinal, different
situations that judges are dealing with. So that's been our
approach and we're tightening that. But you know, the next
option if we don't feel like we're making progress and

(49:22):
the messages and getting through would be the alternatives.

Speaker 2 (49:25):
We had Rod Duke on from Brisco's. He said, a
year away, it's a long way to wait, and also
you're probably going to have to ramp up some of
those fines and make it a little bit stiffer. Would
you agree with that assessment or not, Well.

Speaker 3 (49:38):
Well, yeah, it goes off to Select money and people
will If people argue that we need to be more aggressive,
I'm happy to consider that in terms of it taking
a year look, it is important. Government's also been criticized
we're doing too much under urgency and so you know
the pattern of sending a bill into Parliament and going
off to Select Committee and having people from all around
the country comment on it and point out things that

(49:58):
could be improved, I think as important part of how
things work. And that's what we're going to do in
this case.

Speaker 2 (50:02):
All right, quick, matter that's related tertiary, the tertiary clause
that you're not the tertiary the treaty clause that you're
looking at in terms of the government. So how long
is this going to take?

Speaker 3 (50:15):
Well, we've got a group of people looking at there's
about fifteen or twenty pieces of legislation that we're looking
at with references to the treaty. The issue is that
it's been too vague in the past, and the result
is that, you know, in the education context, if you've
got this vague treaty references scattered all the way through

(50:36):
the legislation in the hands of a radical school, principle
can be interpreted to mean that you've got to do
it twenty percent of your day every day on ta
al mari or something like that. And so it's too vague.
And so what we want to do was either take
it out or be much clearer about what we do
and what we don't mean.

Speaker 2 (50:55):
And that process.

Speaker 3 (50:56):
Look, it's going to take a few months for our
to fall on what the actual changes we want to
do and be clear about, and then we have to
legislate for it. So it's not going to be a
quick fix overnight, but we want to do it properly.

Speaker 2 (51:08):
Seymour wanted it completely. Were you guys pushing back against that?

Speaker 3 (51:13):
Well, look, I'm not sure what his comments are. I mean,
we're part of a cabinet and a collective responsibility. We
collectively made response to decisions as a cabinet and that's
how it works.

Speaker 2 (51:22):
Appreciate your time very much. Justice Minister Paul Goldsmith. I'm
glad you said that because I got to text a
moment ago. It's a very good point made what Seymour
said yesterday as regards it was us who wanted it
out but the other guys didn't. As you could argue
a breach of cabinet confidentiality and part of the coalition
agreement is if you agree, you can agree to disagree,

(51:43):
and he didn't invoke that. He's just come out all
of a sudden seema and go and yeah, we wanted
it out, but they didn't. And so that's that's it's
got a little fresson about it. I think seventeen minutes
away from Ete last getting like the weekend after the
British Grand Prix is Goodwood. I couldn't agree more. Mike,
We're doing Lemon and the British Grand Prix next year.

(52:04):
Petrol Head Heaven Wow to be fair to act, they're
turning into a one trick pony. Mike Lowell. No movement
in the polls. Emails are Mari entreaty going ballistic in
our feeds. You might have a point, Mike. Husband's bucket
list F one in Europe, we leave New Zealand for
Buddhapest thirty one July. My dad's philosophy, you can sleep

(52:24):
when you're dead.

Speaker 4 (52:25):
Do it.

Speaker 2 (52:26):
Mike went to the F one movie last night.

Speaker 5 (52:28):
Loved that.

Speaker 2 (52:28):
I thought Mike's going to be here. He's going to
be one of the first ones to watch it. Right
up as Ellie, Donnie, You're right, I will watch it.
I'm looking forward to our I won't get to the
movies to see it. I'll wait for it coming on streaming.
Mike Silverstone F one following We're going to Goodwood Festival
of Speed. Pockett You only live once sixteen two.

Speaker 1 (52:47):
The Vike asking Breakfast full show podcast on iHeartRadio powered
by News.

Speaker 5 (52:52):
Talks at b.

Speaker 2 (52:54):
Mike watching the f one moving on streaming is like
visiting the Systeine Chapel online. What's wrong with that? Morning, Mike,
We leave for Silverstone tonight. This is our third Grand
Prix over the last couple of years. We've been to
Singapore and Monaco. See Singapore, Yeah, I get it because
you can stay close. It's it's in the middle of town.
You don't see problem with Silverstone. It's miles out of London.

(53:17):
Monaco once again, same thing but not really a race.
But Monico is beautiful. I'm readly a lot of reviews
of Monico. People are rude there in general tourism, you know,
everyone wants to go to Monico, but the locals don't
actually like in Treaty particularly Well Mike leaving for Silverstone tonight.
Go Liam Kevin, well done, have a good time, Mike.
Do any poor people listen to your program?

Speaker 16 (53:41):
Ah?

Speaker 2 (53:42):
Just I'm leaving for Silverstone tonight. Quick question around the
media for you this morning. This is Radio in New Zealand.
They've done a story and God bless them for doing
a story. How did the school lunches go so good.
Follow up story, excellent follow up story. How did the
school lunches go into them?

Speaker 5 (53:56):
Too?

Speaker 2 (53:57):
Fair? Success by any measure, said david's seymore and he's
got the numbers. The numbers are as follows. Last term
ninety eight, more than ninety eight percent of lunches were
delivered on time each day. Complaints were down by ninety
two percent since March. Student satisfaction was sixty seven percent,
and that's gone up from forty six percent. So more trucks,
streamline delivery equipment was upgraded, more staff members were hired.

(54:20):
Production is now exceeding daily limits. Two million meals are
expected to be ready for distribution by the start of
tien three. So, so far, so good. There's your story.
Now my question for you is it the media's responsibility
to at that point because I'm sick of TV one
at the moment, TV one go, Why Mommma Mater? However,
not everyone agrees. Now, why don't you just report the news?

(54:41):
The reportage of the news lunch was ninety eight percent
of delivery, ninety two percent of complaints were down, sixty
seven percent, student satisfaction up from forty six There are
the facts, There are the stats. Black and white story finished?
But what do they then?

Speaker 5 (54:54):
Do?

Speaker 2 (54:54):
They go out and find a principle to whine about it?
So can you go out and find a principle to
wine about anything? Push can? So you know that? So
not that you can do that? Why has that suddenly
become news? Why isn't the news simply the stats? Are
things better? Yes? They are? How much better? There are
the numbers beginning, middle, and the end of story. Why
why go find yet another whiner to do some more whining?

(55:17):
Fair or not? Turn away from it?

Speaker 1 (55:20):
The Mike Hosking breakfast with Vita Retirement Communities the news
toms had been.

Speaker 2 (55:25):
He just got a text from a rich friend, Mike,
it's Monika. Stay at the Hotel de Peri. There's nothing
close in a couple of weeks on holiday, And then
on to Lemon's. Yes, jeez, I would stay here and
keep working. Seven away from a confectionery company R Jay's.
They pulled the plug on the old Jaffers. It's the
old story declining sales. They also pulled them from Australian

(55:45):
shelves in twenty twenty three. Mike Hutchinson, of course, is
marketing expert, former managing director of sarchin Sarcy and as
whether it's Mike morning, good morning. What's the value of
a name just you know, from a branding marketing point
of viewer name you say Jeffers, Is that worth something?

Speaker 11 (56:01):
Hell? Yes, I mean I would think the competitor should
pick it up in the heartbeat. I mean, it's not
just a sweet, it's a symbol and it's come to
me in all kinds of different things rather than just
as sweet. And I can't believe that they let it
go or letting it go. I mean there are products
like em and M's, which is simply you know, candy

(56:22):
colored candy covered chocolate, which are doing really really well.
Why I would make a real thing of it. I
would have a special effort and create a real campaign
around the whole notion of Jeffers. The packaging is wrong,
the troubles. It's owned by an Australian company now Darryl Lee,
and they would have placed it down on ours, but
they wouldn't have the sense of what Jeffers means to

(56:43):
New Zealand. And I think it's just crazy.

Speaker 2 (56:45):
Is there too much in the market space at the moment.
In other words, it's one of those markets where you
just it's turnover, turnover, turnover, new product, new product, new product,
and therefore something traditional doesn't last.

Speaker 11 (56:55):
But that's lazy, that's lazy marketing. Thinking I'd make something
of this and think you can turn a brand around.
You can turn a product around, like too he did
with beer. Make it fun, and jaffas are fun. Certainly,
if you grew up in the provinces like I did,
you're rolling Jaffers down the theater.

Speaker 2 (57:14):
But I just wondered if that was I saying that
someone earlier on this morning mon. I just wonder if
we're old farts who long for the kids these days
don't know what a jaffers, nor do they care. Therefore,
if you and I aren't buying them, which I assuming
we're not, or maybe we are, I don't know. But
if we're not buying them, then the new generation has
moved on, haven't they.

Speaker 11 (57:32):
Well, they possibly have, but they've gone into EM and M's,
which are an international product and inferior. I would still
stick with with Jeffers, I spent part of a childhood memory,
so I've gone it. Quite fond of Jason going past
the factory in Licuus all sorts of jaffers. We're all
part of liquid about growing up. Oh, I love that.
I'd make something of it. Some account in Australia has

(57:53):
pulled the pin.

Speaker 2 (57:54):
Not a marketer, okay, So you could take a product,
go to them and say, look, here's how I would
do it, and you would be confident of being able
to achieve some sort of success.

Speaker 11 (58:06):
Absolutely, And I'd make it fun and not just as
a not just as a sweet, but as an icon
and make it a brand that means something. Red Bull
have done it. I mean, there are lots of people
have done things like this. I'd pick it up and
run with it.

Speaker 2 (58:21):
Good on your mind, let's talk. Do you appreciate it?
Mike Hutchinson marketing experts form the Status and Status five
and it's Away from Sevensky Mike. Spa and Belgium. Great
track to watch the Aspara is watching the last weekend
in It wasn't Spa, it was the Red Bull Ring,
which is Austria and Spa is Belgium. But there's similar tracks.
A lot of forestry, lot of hillside, a lot of country,

(58:45):
lot of lot of jenness aquas.

Speaker 16 (58:48):
I thought the Canadian one was pretty with all the water.

Speaker 2 (58:52):
Yeah, it's next to the water and it's sort of yeah,
it's got some trees. Get I get what you're saying.
Mons is the same sort of thing, But I guess
there's nothing that the Spa track, there's a straight and
I can't remember the name of the strait, but you
come down and then you up the straight like a rocket.
It's a famous straight. People listening to everyone will know
what what I'm saying. In fact, they're probably not listening.

(59:14):
They're probably all in Europe at the moment and they've
gone on holiday. Hopefully they're still listening. On iHeart Youth
MP Week. What was that about yesterday that that whole
eighteen year old goes to town? Are the ever repressing
our views?

Speaker 4 (59:29):
What?

Speaker 2 (59:29):
What was that? Was there really a story? Each MP
has to adopt a youth MP. So we'll talk more
about that with Mark and Jinny after the News, which
is next to good News to episode.

Speaker 1 (59:43):
Mike Hoskame insightful, engaging and vital the Mic Hosking Breakfast
with the Defender actor the most powerful Defender ever made,
and Youth Togs Dead.

Speaker 2 (59:54):
Be lost There.

Speaker 3 (59:57):
I was born in Arevn.

Speaker 20 (01:00:00):
I'm a whole with a Richville prison Happy.

Speaker 2 (01:00:05):
No Surprises on the Voice of Only twenty two in
Just a Kid of a Person Fun no Better, Although
funnily enough, it says the music you will hear largely
falls outside what the average Springsteen fan would expect from
him and find him working in styles at a new
tole them. I don't think this is new. This is

(01:00:26):
classic Springsteen, isn't it now? What's exciting about this is
it's called is it tracks two? Is there want have Gone?
Tracks two? The lost albums? And my word, there are
a loss of lost albums. So it's a box set?
Like Jeffers, isn't it a box set? When it was
last time he saw a box seat seven? Seven full
length albums that were completed but never released, with the

(01:00:48):
exception of La Garage Demos eighty three that's in there,
but the rest never were released. You've got lord knows
how many Bruce Springsteen tracks, but you have got in total,
five hours, twenty minutes and eight seconds of the Boss
Am and has pass a politics Wednesday, Mark Mitchell Wellers

(01:01:10):
along with Ginny Anderson, Good morning you too, Morning morning,
good morning. Do you have Ginny with you?

Speaker 13 (01:01:18):
Your youth MP not besides me, but we've been in
close contact over the last few days, particularly considering all
of the drama that's been happening at Parliament.

Speaker 2 (01:01:29):
Well, well, come back to that drama in the moment.
Where is your youth MP right now.

Speaker 13 (01:01:35):
That say they're getting ready to go into Youth Parliament.
They'll be there in one way, so they'll be getting
into the bus or how they're getting there, and I
will be watching his debate in the general debate at
about half past ten this morning.

Speaker 2 (01:01:51):
Have you given them any Anderson tips?

Speaker 5 (01:01:54):
Of course?

Speaker 13 (01:01:56):
Always yeah, Like it's really quite hard when you're speaking
for the first time in the house because I always
remember when I did my my maiden speech. You don't
know who to look at. You know, when you get
up to talk to a room, you sort of look
at the front row, or look at someone who's smiling,
or your mum if she's there and there's no one there.
It's sort of you're looking at the speaker and you've
got these sort of angry looking opposition people or government

(01:02:18):
depending on where you are at the time. So knowing
where to look and to take a breath and not
going too fast, all those things you want to make
sure they they thought about those.

Speaker 2 (01:02:26):
Did you, Because one I've observed you, Jinny, is that
you're a lecturn gripper.

Speaker 13 (01:02:31):
Yes, I am a leen gripper, did you fee It's
just with a pin I've told as well, I need
to put my pinning down. I can point that around
a bit March.

Speaker 2 (01:02:38):
Did you tell them to grip the lecturn?

Speaker 13 (01:02:42):
Usually it's to give me a bit of extra height
because I have trouble. I'm vertically challenged, so sometimes that
can push me up a bit further. No, I didn't
tell him that. I just told him to enjoy it
for what it is and to get you know, have
a good time. That's what it's about.

Speaker 2 (01:02:56):
Mark your MP. Whereas where as your MP.

Speaker 20 (01:02:59):
As we speak, she's on her way in now to Parliament.
She's absolutely loving the experience. She delivered a very good
General debate speech yesterday. She spoke about mental health, she
spoke about the negative impact of drugs Class A drugs
on our country and communities. And she's a really patiate
young woman that actually has already in year thirteen started

(01:03:22):
up a little charity that she's delivering aid into the
Pacific Islands in particular.

Speaker 2 (01:03:27):
Yeah, well, is yours impressive to Ginny, I mean you've
got to say obviously.

Speaker 13 (01:03:31):
Genuinely, yeah, as amazing. He's our first year university student.
He comes from a family of eleven and mata. He's prid,
someone active in the community and winery and really I
really enjoyed going to local events with him. So he's
come out with me over the last couple of days
to attend different community engagements, in particular Clever and you

(01:03:54):
know he's going to be a leader in New Zealand.

Speaker 2 (01:03:56):
Have you met any other ones, Mark, I mean there
are any idiots in there.

Speaker 20 (01:04:00):
I've met a few that was sort of you know,
it's like it's like it's like any parliament, you're going
to get some top quality ones and you get some
sort of scratch and you wonder, well they're even applied
to be there. But looks in my view, it's yeah,
I love it. It's I heard that someone's getting up
making a speech saying that you don't having a voice

(01:04:20):
in New Zealand. Well it's a bit of a contradiction
in terms is that when they're standing up in our
parliament being able to talk about issues that are important
young people and what.

Speaker 2 (01:04:29):
Was yesterday about in this whole we've been repressed and
we're not allowed to say what we want in the
ministry of whoever runs it's gone. Is any of that
true or not?

Speaker 13 (01:04:37):
That is true?

Speaker 2 (01:04:38):
It is true, that is true.

Speaker 13 (01:04:39):
Yeah, I've seen the emails. So they write a speech
and for the first time ever, they are required to
submit it for approval. And there were things that were
taken out. I've seen more than my uth MP and
a few others where when they talked about pay equity,
the treaty principles, one instance, growing up at a home
where there's not enough food or affording to be able
to pay that for the heat thing to be on

(01:05:00):
in winter, all those things were to be removed and
they had to be resubmitted with them taken out.

Speaker 2 (01:05:07):
And is this the ministry?

Speaker 13 (01:05:09):
Well, who knows? Is it the minister telling the ministry
or is it just the ministry? We will never know.

Speaker 20 (01:05:14):
Well, I'd have to check on that, but I know
that when Labor and Government all the speeches were also made.
The content was okay, So we'd have to look at
that and we clarified that are you Mark Mark for
the record, are you running a repressive regime here?

Speaker 2 (01:05:34):
That No, definitely, not that.

Speaker 5 (01:05:37):
Quite the opposite.

Speaker 20 (01:05:37):
The repressive regime, the regime that told everyone that they
were the pulp of the truth was the previous government,
not this one.

Speaker 13 (01:05:44):
If you're the one telling young people they can't say
what they think in their.

Speaker 20 (01:05:47):
Head, the problem with you, problem with Jenny Fax is
you got to go and check them, fact check them.

Speaker 5 (01:05:52):
So let me go on and fact check that.

Speaker 12 (01:05:54):
You do that.

Speaker 2 (01:05:55):
Genny fact Brief, Brief, break more in a moment, Ginny Anderson,
Mark Mitchell, thirty past eight, the.

Speaker 1 (01:06:01):
Mike Hosking Breakfast Full Show podcast on iHeartRadio, powered by
News Talks.

Speaker 2 (01:06:06):
It be News Talks. There'll be fifteen pasted a Mark Mitchell,
Junny Anderson with a couple of minutes quickly on this business.
But big week for the government. Mark on justice, crime,
first responders and instant fines King, He's the whole thing.
What materially do you expect to happen as a result
of these changes.

Speaker 20 (01:06:24):
Well, I think they all add to some weight around
a system, change around consequences, and I think that's been
missing in our country for quite a long time, and
it's time that consequences were brought back. People don't get
a free ride when they decide to walk into someone's
business and steal from them, when they decide to abuse
or assault. You know, workers who go to work expecting
to be able to go home safely at the end

(01:06:45):
of their shift. So I think that we've we've as
a government, we've been really clear. When we came into government,
we were sick and tired of the fact that there
were no consequences, that crime had been allowed to get
completely out of control of this country. And we're pushing
back and we're starting to make some progress the right direction.

Speaker 2 (01:07:00):
Okay, Ginny, is there anything announced this week that you
guys would flip or will you live with all of it?

Speaker 13 (01:07:07):
Well, the problem we have, Mike, is that because they
failed to deliver their promise of five hundred police, all
of these things are trying to compensate for the fact
that they've missed the mark and what they promised Key
is that they would do. So I don't think we'd
flip them. But there are things that are a bit weird,
like the shoplifting, Like the previous or the current level

(01:07:28):
for shoplifting is that it's seven years for over one
thousand dollars now, so they've actually lowered the threshold for
shoplifting through these changes. So let me finish that. So
currently it's three months of five hundred. If it's under
a k, you get a year. If it's over one thousand,
you get seven years. And they're saying that they've got

(01:07:50):
this two thousand marks, so for shoplifting between one thousand
and two thousand dollars, they've actually lowered the amount that
people have.

Speaker 2 (01:07:58):
But just for the record, the first responders, the king hats,
sucker punch, whatever you want to call them, the instant
finds in the discounts. You wouldn't change that in some
in simple.

Speaker 13 (01:08:09):
Terms, we would take all those things to caucus. But
I think that it's important first responders are safe. All
those things are important changes, but the ability to make
sure that they are implemented relies on having a well
resourced frontline.

Speaker 20 (01:08:22):
And well, I'm glad, I'm glad that I'm glad you're
going to support our first responders because, first of all,
a big shout out to bus drivers. How on a second, Jilly,
big shout out to Andy Everest, who is a leader
with Saint John's and he has been meeting with me
regularly on them wanting to see the First Responders Bill
walk back. Just let me give you some history here.

(01:08:44):
Derek Ball, who felt very strongly about this New Zealand
first member of Parliament at the time they went out
of parliament twenty twenty, asked me to pick up his
first Responders Bill and said that he had they were
in government if you remember with Labor.

Speaker 5 (01:08:56):
And said he had support for it.

Speaker 20 (01:08:57):
I picked it up. I could not yet Labour, so
port for a first responsible They voted it down. So
it's nice to hear Jenny that you have changed your.

Speaker 13 (01:09:05):
Position a Mark. Is it a Mark fact? Because I
said it's going to caucus, So Mark faxt time.

Speaker 4 (01:09:14):
On.

Speaker 2 (01:09:14):
There's nothing you can argue about here as the gender.

Speaker 13 (01:09:18):
Look, they're all good measures, but they need one. Actually,
someone has written to me in the last few hours
and said they're a bus driver and they're really worried
about the level of violence at bus driver's face. Why
they are included along with ambulance drivers. Why should someone
get a longer presence interm for punching an ambulance driver
in face?

Speaker 20 (01:09:38):
Well, because this government's serious about looking after all kiwis
and whatever work. And I just want to address you
five hundred. When I became minister, we were two hundred down.
Do you know why that's.

Speaker 13 (01:09:48):
Because you're.

Speaker 20 (01:09:52):
I just I just want to say before Mark, let
me let me give a shell out to our police officers,
because even.

Speaker 2 (01:09:58):
With Mark, it's not tell a thoughts, we're not giving you. Well, well,
let me.

Speaker 20 (01:10:05):
Let me I just I do feel, I do, I
do feel. I do feel very strongly that I want
to defend our frontline police officers who.

Speaker 2 (01:10:12):
The police do a great job. But I think I
watched Chambers yesterday. To be fair, Mark, I watched Chambers yesterday.
I think we can conclude you're not going to get
to five hundred before the end of the year like
you promised.

Speaker 20 (01:10:23):
Well, the five hundred, we've got to focus on standards
because in twenty eighteen the standards were dropped and discretion
was up and so and so we're in stating that.
And at the time I slipt committee. I challenged the government.
I said, you can't be doing this. So we're reversing that.
I've just done that.

Speaker 2 (01:10:40):
Okay, I've got sixty seconds left, yes.

Speaker 20 (01:10:42):
Yeah, just just really quickly though. No, Sorry, Jenny, sorry, Jenny,
look sorry, Jenny. I want to acknowledge the police effect
that crimers crimes starting to come down. Jenny, this is
important to people. Crimes starting to come down, victimized whole
victimizations are starting to come right, Let's.

Speaker 2 (01:11:01):
Let's do this an election quickly, quickly. I've got sixty seconds.
Did either of you ever meet Mitchunkovic and did she
do anything useful before she came and she went.

Speaker 13 (01:11:14):
Radio?

Speaker 2 (01:11:15):
Who's she's the MP who's resigned?

Speaker 7 (01:11:19):
Oh?

Speaker 13 (01:11:20):
No, I have not.

Speaker 5 (01:11:22):
I did not know of.

Speaker 20 (01:11:24):
And I think that she just felt like her skills
a bit of use in the private secret at the moment,
and I respect the fixture.

Speaker 13 (01:11:31):
Yeah, yeah, Tania, Sorry you had to use your first name.
I would have known that. I don't know. I think
you know, I know who's talking about. I think there's
more to that story. It's quite bizarre someone would resign
so quickly without anything more to that, So I think.

Speaker 2 (01:11:48):
Don't start a scandal at the end of the segment
like that.

Speaker 13 (01:11:52):
Going back to privacytor there they are conspiracy.

Speaker 5 (01:11:56):
This great news. We opened down New Auckland.

Speaker 13 (01:11:58):
Calling food because.

Speaker 3 (01:12:03):
I saw you.

Speaker 2 (01:12:04):
What's John Key doing there? For goodness sake? He said
that they need a hug. They can come and call me.
What's that about? Yeah, well he's the patron.

Speaker 20 (01:12:12):
So each wing has got a patron, and fact we
should put you forward one of these. I'd love to
be a patron, Okay, noted, because what the patrons do
every police officer remember, see the patron was of the
wing and they spend time with them. For God's sake,
you'd be a great patron, as you could if you.

Speaker 13 (01:12:35):
Give them rickens on the front line, how they could
deal with tricky situation.

Speaker 2 (01:12:38):
Exactly. I've got bipartisan support to become a patron. I
don't care who's the election next to you now. Either way,
I'm going to be a patron, aren't I?

Speaker 13 (01:12:48):
Ginny Yeah, Mike Costing's wing and we'll go down in history.
I reckon.

Speaker 2 (01:12:53):
We're going nice to see you. But you still think
there's something to the Unclevich story, do you?

Speaker 13 (01:13:00):
It just seems I don't know. I think there's a
bit more to it. You will even know.

Speaker 2 (01:13:03):
But Mark Mitchell, Jimmy Anderson for another Week, eight twenty three, The.

Speaker 1 (01:13:14):
Might Hosking Breakfast with the Defender, Our news togs.

Speaker 2 (01:13:18):
Dead b Now for fifty years, half a century. Bailey's
a beautiful Bailey's real estate. They built this legacy of
trust and innovation across the country as the country's leading
full service real estate agency. Humble beginnings, they've matured into
the country's largest locally owned, family operated real estate network.
They've got one hundred officers these days, they've got two
thousand personnel expertise across everywhere in the property sector, doesn't

(01:13:39):
matter residential, commercial, rural, property services. They add value across
the property sector. They're also beside you on the rugby pitch.
They're into the community, gum boots on the farm, investing
in those local communities nationwide. It's the Kiwi's way, it's
the Bailey's way, and it's backed by this national network
strategic international partnerships as well by the way that gives
their clients that cutting edge. So people basically at the

(01:14:00):
forefront of everything they do. They're proud to support New
Zealanders achieve their property goals. They've done real estate differently
for fifty years. So how can Baileyes altogether better approach
help you? At Baileys dot Co dot NZ licensed under
the R eight Area Act of two thousand and eight,
Baileys dot Co dot nz asking a text from the

(01:14:21):
governormp that I won't reveal. Doesn't matter, but they say
in opposition my youth MP speech was checked under labor.
It happens every year. As Ginny would say, there's probably
more to this story news. In a couple of moments,
then we're crossing the Tasman to Steve Price. You're on
the my Casking.

Speaker 1 (01:14:39):
Rest news opinion and everything in between, the Mic Hosking
breakfast with Bailey's real estate altogether better across residential, commercial
and rural news.

Speaker 2 (01:14:54):
Togs Head b you know my love of the royal family.
The sovereign grant details weren't yesterday. It's about one hundred
and sixty million New Zealand dollars each year. This was
the financial statements. The runs the palaces, covers the official duties.
In return, the Monarch hands over all the profits from
the Crown of State. Now what's the Crown of State. Well,
there's any number of central London properties. They own, ascots

(01:15:16):
in the race course, they own the seabed around England,
Wales and Northern Ireland. You think it's a bit angsty here,
That's why they call it the Queen's Chain. Of course,
but they owned the sea bed around England, Wales and
Northern Ireland. There were nineteen hundred public engagements in the
UK and overseas in the past year. Ninety three thousand
guests attended eight hundred and twenty eight events, so it's
not like they're not busy. They get one hundred million

(01:15:38):
for the core grant and they get about sixty million
to fund the refurbishment of Buckingham Palace. And I went
to the Buckingham Palace a couple of years ago and
it does need refurbishing. It's one of the first things
you notice. You go, jeez, to tell you what, this
place could use a liquor of paint. And so they're
doing it, so that's encouraging. They're getting rid of the
Royal Train, which I thought was sad because they've run
a Royal trains into the eighteen hundreds. The three main

(01:15:58):
sources of income and one I've got to look up
because I'm not an expert on it, but the Sovereign Grant. Obviously,
the Duchy of Cornwall we know about. There's a fascinating
documentary that he turned King Charles Prince at the time
took the Cornwall Duchy of Cornwall and made it profitable
for the first time since ten sixty six. Since the
year one thousand, it had never made a profit until

(01:16:19):
Charles got hold of it and he turned the whole
thing around. So there's cleverness. And the other thing is
the Duchy of Lancaster. That's the one I'm not quite
up on, but there's always room and time to learn more.
Twenty two minutes away from.

Speaker 14 (01:16:31):
Nine international correspondence with ends in eye insurance, Peace of
mind for New Zealand business.

Speaker 2 (01:16:37):
Even morning good idea. This Victoria Indigenous Voice. Is this
a vote? Is it a rule or an edict? And
if it's an edict, in what form does it take?
And how does it dubtail specifically for you versus anybody
else anywhere else in Australia. And do you have to
act differently if you turn up in Victoria as opposed

(01:16:58):
to New South Wales.

Speaker 4 (01:17:00):
So many questions and certain little answers, but none of
this surprised you, like or your audience. So just quickly
Astraight devoted sixty forty against installing a voice into the
Federal Constitution. That happened two years ago. But in Victoria
they plaied on ahead regardless. This is the Victorian so

(01:17:21):
hard socialist left labor government. And yesterday something called the
Yuruk Commission's final report was tabled in State Parliament. It's
taken four years to put together, has been put together
by a group of thirty three people, each paid one
hundred thousand dollars and they've had about sixty five million
from the state government to play with to put this
all in place. And we learned today that after it

(01:17:44):
was tabled in parliament yesterday, Indigenous Victorians, according to this
report should be offered tax relief, cash compensation have land
handed back to them to make up for the impact
of colonization. It goes on to suggest a string of
financial benefits to quote make amends for injustices that have

(01:18:04):
occurred during colonization, as a call for the Victorian government
to acknowledge responsibility for the wrongs of its predecessors, and
the other radical proposals for sweeping change the education system.
Guess what they want to do in the education system.
I'd like to tell me Indigenous children from attendance, can

(01:18:25):
you believe that?

Speaker 2 (01:18:25):
Well, funnily enough, knowing Victoria quite well, yes I can. Unfortunately,
if once this is implemented and given Australia statewide is
run largely by Labor, do you see another state going
or tell you what, we'll have a piece of this
as well, or is it just too radical?

Speaker 4 (01:18:41):
Well, Queen Lam are on the road. And then of
course the Labor government was booted out and it's now
run by the Liberal National Party. South Australia has a
more moderate Labor premier, but within the ranks of the
Labor Party in South Australia and South Australia has quite
a large indigenous population to bear by the states, they
look like they might go down that path as well.

(01:19:02):
Wa won't. I don't think New South Wales will, But
I mean, how can you. Victory voted fifty six percent
no to the Oyster Park, so there's this Eural commission
and on top of that they want a permanent voice
inside the Victorian Parliament. The premier looks like doing that.
She's got another year in about four months until the
next election, so she can put this all in place. Now.

(01:19:24):
The Liberals are saying they would throw it out if
they win that election and they Rember next year, but
you know, good luck trying to do that. If it's
been legislator. This is just to extraordinary. What's going on.

Speaker 2 (01:19:34):
It's amazing. I know, it's God bless you don't normally
we in this country make, especially the digital media, make
the most ridiculous thing out of the weather every time
it blows. It's like orange alerts, Red alerts were obsessed
with weather and I don't see it as much in Australia.
But you seem this week to have made a philly
big deal of this bomb cyclone. How bad is it?

Speaker 4 (01:19:56):
Well, you and I've had this discussion before. It's clickbait
most of this. I mean, it is bad, but the
lead up to it is hysterical. I mean it's just
crazy maps with red dots on them and yellow arrows
saying the wind's coming. But we do have five million
people forced to take shel to thirty thousand homes. This
is the latest from overnight, mostly concentrated south of Sydney

(01:20:19):
and on the central coast north of Sydney, that winds
up to one hundred and twenty five kilometers. And how
that means. I think yesterday there was twenty flights canceled,
which in the scope of things is not huge when
you consider how many flights going in out of Sydney
Airport on a given day Coffs Harbor on the North
that you'd know of. They've been urged to avoid non
essential travel. The rail networks also being impacted. Sees really

(01:20:43):
doesn't know what the impact will be until I get
first light this morning. When I went off air on
sky yesterday, there was about twenty thousand homes that were
already without power. So is it bad? Yes? Is it catastrophic?

Speaker 5 (01:20:58):
No?

Speaker 4 (01:20:59):
Is it as bad as and the floodsit New South
Wales earlier this year, back in twenty twenty two. Not yet.
So I suggest to you that it's a big, big
winter storm, but it's not a bomb cyclone by any measure.

Speaker 2 (01:21:12):
No, exactly. Jury has been disappointing because it's Wednesday and
they've not come to the party. You're still holding out
for not guilty.

Speaker 4 (01:21:20):
Do we get the tape out? What did you say
forty five minutes? Didn't you on Monday?

Speaker 15 (01:21:23):
Well?

Speaker 2 (01:21:23):
I thought they. I thought it wouldn't mind you that
it was late Monday. To be fair to them, they
only really had all day yesterday.

Speaker 4 (01:21:29):
Didn't they play the tape anyway? No, they're not back.
We've got twelve jurors sequested in a local hotel in
more Well, and they will be back this morning at
ten o'clock. They sit between ten and one. They then
have lunch and then they sit till four point thirty.
Aaron Patterson, of course denies all charges. Have been charged

(01:21:49):
with three council murder. What an attempt to murder? I
note at her house and she obviously believes all her
supporters believe she will be cleared as I potentially douse
has been now draped with black plastic because you will
have seen the famous vision of her arriving home the
TV reporters to send on a shove microphones in her
face and she tries to shut the front door. That

(01:22:12):
won't happen this time. The house is covered, as I said,
in black plastic, so she can get in and out.
Her only problem for her and is I note that
the front gate is a normal farming front gate where
you have a lock on it, So you're going to
have to get out of your car and unlock the gate.
So I'm not sure how that's going to work. Interesting,
but we will wait and see your wife's correct. I'm correct,
you're not and will probably get a verdict sometime next week.

Speaker 2 (01:22:36):
Good luck, and you won't be here because you're off
another one of your exotic sojos. When you go golfing internationally,
do you take your own clubs?

Speaker 4 (01:22:44):
Of course you can't play with some of US's clubs.
That would be ridiculous.

Speaker 2 (01:22:47):
And do you find that cumbersome in any way, shape
or form or not?

Speaker 4 (01:22:49):
Really, I've got a little man who carries my bag
for me. It's called a caddy.

Speaker 2 (01:22:53):
Ye fair enough to good on, you have a good time.
We'll catch up soon. Steve Price out of Australia for
you this morning eight forty five.

Speaker 1 (01:23:00):
The Like Asking Breakfast Fall Show podcast on iHeartRadio powered
by News Talks that be in Australia.

Speaker 2 (01:23:07):
The worried at the moment about a twenty seven billion
dollar collapse and then come from their major experts, experts
which are liquefied gas, iron or this is the problem
being Trump and tariffs of course, and it's really through
the biggest Asian buyers. And when the Asian buyers get squeezed,
their economies get squeezed. As the economy gets squeezed, then
they don't buy as much of the old stuff. Hence

(01:23:28):
Australia is going to get whacked. Revenue now projected to
decline more sharply than the government had been expecting just
three months ago. Iron Ore runing set to fall by
twenty billion from one sixteen to ninety six billion within
two years. Ellen g is on track to four from
sixty to fifty three. So mind you the house of
a price, price of a house is going through the roof.
No pun intended set to continue climbing. Numbers out yesterday

(01:23:51):
set to continued climbing latter half of this year. Every
corner of the country recorded growth in June. This from cautality,
fifth month in a row zero point six percent on
average in June one point four percent across the quarter
to twelve months three point four percent. Medium values now
eight thirty six. The average value of the house in
Australias now is I've told you a number of times

(01:24:11):
cracked a million police in Singapore. Now, I don't know
why we don't do this one of many things I
could say that they do in Singapore that I don't
know why we don't do in New Zealand. But scams
are an issue. Scams are an issue in Singapore. They're
an issue here record one point one billion in twenty
twenty four in terms of scams. So what they've passed
a law that now allows the police to seize control
of the view Bank account basically block money any transfers

(01:24:35):
if they suspect that there's something going wrong there a
common cause. This is interesting. I don't know if this
is the same here. A common court issue is that
victims often refuse to believe they're actually being scammed. So
when you go you realize this is a red flag
you are being sucked at, and don't you they go, no, no, no,
I'm not so it's the Protection from Scams Act. Police

(01:24:56):
can also block a potential victim's use of ATMs and
credit services as well.

Speaker 4 (01:25:00):
Well.

Speaker 2 (01:25:00):
There's a little bit of argument around it being a
bit overreach, overreaching, but in general, if they can get
on top of it, why wouldn't you, And if they
can get on top of it and it's effective, why
wouldn't we look at doing it here? Apart from the
fact we're too scared to do stuff like that, we
just want to run into stories about how people keep
getting scammed. Nine minutes away from nine the.

Speaker 1 (01:25:19):
Mike asking breakfast with Bailey's real estate news talks there be.

Speaker 2 (01:25:23):
They got a partial verdict in the Diddy trial, by
the way, so they're all filing back into courtneyll hear that.
I'm assuming the partial verdict is the number of charges
that they've decided on versus the number of charges they
haven't decided on. Racketeering is the big one. We haven't
really followed it that much in this country, but it's internationally.
It's a big deal, by the way. James Bond, Jacob

(01:25:45):
l Lordie, Tom Holland, who as far as I can work,
has been in the list the whole time. And Harrison
Harrison Dickinson, Harris Dickinson from Baby Gil, which apparently was
complete crap, just crap beyond crap. Old Lordies from Saltburn.
That was good. Spider Man, I've not seen, but people
like Tom Holland they're down. That's the final three, allegedly

(01:26:08):
according to Variety magazine, but he wouldn't know. Mike. Is
there a media band while the jury are deliberating Victoria? Yes,
same rules here as there and there is here. You
can't go around saying I think she's guilty. Stuff like that.
I read yesterday and was speaking of things like Singapore
and why don't we do more often? I didn't realize this,
but Fiji Airways, this is just holiday talk. Fiji Airways

(01:26:31):
are part of a consortium that own a bunch of
hotels on dinner right Fiji, so fatel sheretan Hilton. So
they're running this thing now, which is what they call
a resort chicken, which means you check in at your
hotel and then you just hang around all day and
swim and eat and do whatever you do in Fiji,
and then one hour before you need to get to
the airport, you go to the airport and gum and
your planet's the end of the that. Why doesn't everyone

(01:26:52):
do that? I mean, that's from the Department of Good Ideas.
Why doesn't everybody? Why doesn't every resort or hotel simple
go chicken here and then just roll out to the
airport instead of waiting for three or four hours in an
airport that doesn't function normally. Just asking five minutes away
from nine.

Speaker 1 (01:27:09):
Trending now with Chemist Warehouse celebrate big brands and biggest savings.

Speaker 2 (01:27:14):
So trump'spin and Florida's today looking at Alligator Alcatraz and
so some weird stuff happened, not surprisingly, including the idea
that it's not just Ice chasing illegal migrants. There might
be others as well.

Speaker 6 (01:27:28):
But we also have a lot of bad people that
have been here for a long time. People that whack
people over the head with a baseball bat from behind
when they're not looking and kill them. People that napew
when you're walking down the street. They're not new to
our country. They're all to our country. Many of them
are born in our country. I think we already get
them the hell out of here too. You want to
know the truth. So maybe they'll be the next job

(01:27:48):
that we'll work on together.

Speaker 2 (01:27:49):
So what he's referring to there, I'm sure is third country.
So they're negotiating with a number of the Albania was
one to remember. Italy had Albania the deal with the
UK and Rwanda. He'll be negotiating with a third country
to just ship people out and park them for money.
He also started talking about econditioning.

Speaker 6 (01:28:07):
Biden wanted me in here. Okay, he wanted me. It
didn't work out that way, but he wanted me in here.

Speaker 2 (01:28:15):
What's they got to do with their conditioning?

Speaker 16 (01:28:17):
Wow? Because it was hot, I wasn't.

Speaker 2 (01:28:19):
Which in Florida. He would already know that, wouldn't he
some advice on how to outrun an alligator?

Speaker 15 (01:28:25):
Stay so fast?

Speaker 6 (01:28:26):
But alligender is But we're going to teach them how
to run away from an alligator.

Speaker 16 (01:28:31):
Okay, if they escaped.

Speaker 6 (01:28:33):
Prison, how to run away.

Speaker 17 (01:28:34):
Don't run in a straight.

Speaker 6 (01:28:36):
Line, run like this, and you know what, your chance
has gone for about one percent.

Speaker 2 (01:28:40):
He's waving his hand. How does he know that? God,
he's bright. Isn't he know so many fun facts? By
the way, Jason ell Dean, is that tomorrow? Yeah, Jason
Eldan tomorrow He's the biggest noise?

Speaker 6 (01:28:55):
Wow?

Speaker 2 (01:28:56):
Is he? Shall I ask him that?

Speaker 19 (01:28:57):
Actually?

Speaker 2 (01:28:58):
Are you the biggest noise in one country music artist
of the decade? Which is quite something. But if I
go to him, are you as big as Luke Colmbs
or are you bigger than Luke Colmes? Or were were reckon?
We reckon? That's the game. I don't know. We've been
around a long time and he's cutting the point being
he's coming here. He's on his full throttle tour, which
is global tour at the moment. But yesterday they added

(01:29:19):
New Zealand and Australia, so that's a bit exciting. So
we thought, well, if he's coming here, we may as
well interview the Blake, so he's on the program tomorrow.
As it turns out of my so it all works
out well from six as always, Happy Days.

Speaker 1 (01:29:37):
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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