Full Show Podcast: 02 May 2025

Episode Transcript
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Speaker 1 (00:00):
New Zealand's home for trusted news and views. The Mike
Hosking Breakfast with the range Rover, The la designed to
intrigue can use Togshead.

Speaker 2 (00:09):
Be morning and welcome today for Health Minister, and where
the arbitration leads to be used to settle this doctor
scrap at Eden Park's bottom linesman whacked the Seymour idea
that we've got too many ministers, too many portfolios, too
many departments. Head of this Indian basketball team that's been suspended,
the odds election of course Richard and America Murray in Australia,
Pascal Right seven past six. Three prizes for three good

(00:31):
calls this week by the government. One Financial literacy coming
to a school near you in twenty twenty seven, not
a day too soon, and in many respects it's the
more valuable end of the education spectrum. Education you can
actually use. Two. Nikola Willis and her cutting of the
operating allowance from two point four to one point three.
Two point four already had headlines for being skinny and unrealistic.

(00:51):
One point three is rabbit out of a hat material.
I assume she's telling the truth when she says she's
found billions in savings because you can't run a country
on thin air. And then three David Seymour with more
reality checked reminders that we've got too much government. In
a speech yesterday he alerts us to just how much
government eighty two portfolios, forty one departments, twenty eight ministers.
If you ever wanted an example of bloat, there it is.

(01:15):
The portfolio joke is about appeasing people. Of course, there
isn't an issue or pressure group you can't appease by
inventing a label. The real issue is ministers. The good
news currently, as Audrey Young and The Herald this week
pointed out in her famous marking of ministers annual outing,
most of them are getting good scores, most of them
are decent operators. But it's not always the case, and
too often the last government was your classic example. Portfolios

(01:38):
are used and or invented to reward loyalty and or
give people pay rises. Whether you can do the job
is secondary. Good governments are run by a handful of talent.
Of course, you go back to David Longe. It was
David Longe, Douglas Preble, Kagil Clark, it was Clark, Cullen
GoF King Key. It was Key English joys. This time
it's luxem Bishop Willison Brown, multiple portfolios at the heavyweighting
end of the index. Unlike the world, though, you will note,

(02:01):
cabinets and government never downsize. I mean, the public service
gets downsized all the time, but the government never is.
Lots of departments, lots of portfolios, lots of busy, busy, busy. Sadly,
for Seymour, unlike the other two ideas this week, this
isn't real. Financial literacy will materially improve our kid's future,
Willis and her austerity. Austerity will materially improve our economy.

(02:23):
If Seymour somehow triump's a single minister or ministry, it
won't be an idea, It'll be a miracle.

Speaker 1 (02:31):
News of the world in ninety seconds.

Speaker 2 (02:34):
Yesterday, backwards economy Today. Trump's first sacking Security Secretary Mike
Wiltz's out of there.

Speaker 3 (02:38):
On the one hand, it is quite stunning by traditional
Washington standards. On the other hand, by the standards of
the first Trump administration.

Speaker 1 (02:45):
This is exactly part of course.

Speaker 3 (02:47):
You know, the president's first national security advisor, Mike Flynn,
lasted about twenty four D's.

Speaker 2 (02:51):
Upside was they got the minerals deal done with the Ukraine.

Speaker 4 (02:54):
The Ukrainians can see a path to economic prosperity once
this conflict ends, and the US businesses, US best practices,
US capital will be part of that.

Speaker 2 (03:06):
The theory being it's an IOU. Of course, we'll let
us money in the first place.

Speaker 5 (03:09):
We'll move it and operationalize it as fast as we
possibly can. But it's meant to pay back the United States.
It's the key point for the hundreds of billions of
dollars that our taxpayers have spent subsidizing the war in Ukraine.

Speaker 2 (03:21):
Meantime, the big guy turned up at the National Prayer Day,
not to pray, although he needs to, but to do
some spreaking.

Speaker 6 (03:27):
I won't like it if it doesn't pass, neither will you.
Doesn't pair us. Your taxes are going to go up
sixty eight percent, so think of it sixty eight and
this is a religious ceremony to me. But that's part
of the religion, because if your taxes go up sixty
eight percent, you might give up your religion.

Speaker 2 (03:44):
He's talking about the big beautiful bill, by the way,
which one got through, because you get all sorts of
trouble by the way that GDP number gyest today. There's
more where that came from.

Speaker 7 (03:50):
To be clear, Liberation Day led to a level of
tariffs that will both higher and more incoherent than anyone
had understood or expected before that.

Speaker 2 (03:59):
Tomorrow Bow is the first of the so called hard data.
You know, what are we doing, what are we making?

Speaker 8 (04:04):
What are we buying?

Speaker 2 (04:05):
Then to the mother country where spring isn't spring, it's summer.

Speaker 9 (04:09):
I wasn't expecting the visceria out.

Speaker 1 (04:11):
It's two weeks early.

Speaker 9 (04:12):
Apparently I've got plants that have come out much earlier
than I expected.

Speaker 10 (04:17):
But hey, I love it.

Speaker 2 (04:18):
Hey ho, My daily is is out hottest day ever.
In May twenty nine point three in London finally got
a study into karma by the American Psychological Association. They
ask people if they believed good deeds were rewarded and
bad deeds were punished. Fifty nine percent said they felt
they'd been rewarded in their own lives. Ninety two percent
said they knew of misfortune, hitting friends and co workers

(04:38):
for various acts of cheating. This has worked for what
they call the arbitration or the attribution bias. I don't
know why I said arbitration. I think I've got it
on the back of my mind with the doctors anyway.
It's called the attribution bias, the belief that some have
where they attribute good things happening in their life as
karma as a way of making them feel good about themselves.
Excuse the world in later. By the way, more news

(05:00):
if you want, even more bad news with the American economy.
Those jobless numbers came out last night, two hundred and
forty one thousand. Is that a lot? Yes? Is it
worse than they thought? Yes, So it's a tough week.
Twelve past six.

Speaker 1 (05:12):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks Evy.

Speaker 2 (05:20):
Bank of Japan held yesterday zero point five percent is
there or what they call their policy rate or their
cash rate, second straight meeting. They've done that. The Eurozone
some good news. Eurozones up in the first quarter by
zero point four percent. This is GDP see a little
bit of life there, some growth zero point four for
the Eurozone. Germany Germany zero point two.

Speaker 8 (05:37):
Fifteen past six.

Speaker 2 (05:41):
CARDI how from JMI welth Andrew Keller her good morning,
very good body. Mike and the Big Boys came to
play and they look good, don't they.

Speaker 9 (05:49):
They do.

Speaker 8 (05:49):
I'm going to be the good news guy this morning.

Speaker 9 (05:51):
I thought we'll go old school and we'll go back
to good news on a Friday.

Speaker 8 (05:55):
Yeah, it's been a better start to May.

Speaker 9 (05:57):
That's good because I always have this old sheer I
could addage sort of bringing around in my head, which
is selling May and go away. Well that's not the
case so far. I mean, I know it's early days,
but actually's looking okay. So when we spoke yesterday morning, Mike,
we were waiting on results from corporate company results from
Microsoft and Meta, you know both Megacat Magnificent seven stocks

(06:18):
that they do have the potentially to sort of shift
sentiment in the move markets. Well, both of those results
were really really well received and after ours trading, and
that's followed through today's So Microsoft currently up. Last time
I looked a few minutes back, it was up eight
and a half percent. So they've made all that's a
big move for a big company, made up all the

(06:39):
losses that we saw in February, March, and April. So
they're quarterly sales profit growth. They were above consensus analyst expectations.
Demand for cloud services one of the key drivers. So
thirty three percent lift in the Azure cloud business. So
AI is still very much evidence is an important factor,
and I think there's.

Speaker 8 (06:58):
A sense of relief here that despite.

Speaker 9 (06:59):
The tear uncertainty you worries about global growth at this point,
that part of the business is still holding up. They
have the relationship with open Ai. They're commercializing AI assistance
into office and into you know, different and Excel, and
even old fellow like me is trying to work out
how to use those AI tools in those applications. I'm
not getting very far just yet, but you know, I'm trying.

(07:22):
Meta Facebook owner also at five percent, also delivered in earnings,
beat first quarter sales forty two point three billion, well
ahead of estimates, ninety eight percent of their revenues. And
advertising and AI again there it's helping them sort of
target target the ads, you know, greater personalization so you
think about something and that pil an ad pops up overnight.

(07:42):
We've had Eli, Lilly, Master Card, McDonald's all beat expectations.
So yeah, I'm all pretty good. And Apple and Amazon
after the close tonight as well.

Speaker 2 (07:50):
Okay, what about us though, Hey how about us?

Speaker 8 (07:52):
How about that?

Speaker 9 (07:53):
How about the little old ends at X fifty. Yeah,
let's finish the week on a positive note. Yesterday, May
the First lifted two one hundred and forty five points,
just over two percent. Now, look, our market has, Mike,
has been a little bit subdued over the last few days,
a bit more subdued in the US counterparts anyway. So
two percent games a good outcome. Now, a couple of
things going on here make or a couple of things

(08:13):
going yesterday those Microsoft and Meta announcements that sort of
very much refreshed the interest in the sort of data
center play, so requirement for computational horsepower. That helps INFRATIL
because they have a stake in CDC. It's the data
center business. Yesterday, Infatil game three and a half percent,
So that is a material gain for the index. The

(08:34):
other issue right now, just over the last week or so, Mike,
we've seen this consistent cell flows into the ends of acts,
almost as if people out there there's sort of larger
holdings are being shifted or moved around.

Speaker 8 (08:45):
They were not evident yesterday they disappeared.

Speaker 9 (08:47):
So one of the best beneficiaries was the list of
property sector. So when I look at the main moves
on the index. I see Stride Property Group, Kiwi Property
Group Property for.

Speaker 8 (08:55):
Industry, all key moves there.

Speaker 9 (08:57):
Tourism Holdings had a bit of a rebound yesterday as well,
but it needed it because it fell over six percent
on Wednesday, five percent up yesterday. But one more tiny
little bit of good news mic Brent Crude. I don't
know if you've looked at that overnight traded below sixty
bucks at one stage. It's now sixty.

Speaker 8 (09:13):
One forty nine.

Speaker 9 (09:15):
Key we dollar though is stronger as well. So look,
it doesn't mean doesn't mean an immediate move in the
petrol pump, but the direction of traveled, well that's positive.
And if it's sustained, you could see some relief at
the petrol pump.

Speaker 2 (09:27):
Very good effort.

Speaker 8 (09:27):
What are the numbers, Well, there isn't all that wonderful news.

Speaker 9 (09:30):
So now the Dow Jones is up two hundred and
seventy seven points point six eight percent forty nine hundred
and forty five. The S and P five hundred is
up over one percent five to five six two seven,
and the NASDAG up three hundred and ninety points two
point twenty four percent seventeen eight hundred and thirty six.
Just running through the other numbers, forty one hundred was

(09:51):
unchanged eight four nine six. The NIKEE gained over one
percent yesterday, thirty six thousand, four hundred and fifty two
the Shanghai comp that's unchanged just there on holiday, the
ASEX two hundred gain a quarter of percent eight.

Speaker 8 (10:04):
One four five.

Speaker 9 (10:05):
And as I said, the closing level on the NX
fifty twelve thousand, one hundred and forty eight Keywi dollar
point five to nine against the US point nine two
five three against the Aussie point five two two nine
against the Euro, point four four four seven against the
pound eighty five point eight for Japanese n gold three thousand,
two hundred and fifteen dollars. And as I said, brink
crewd just a touch over sixty hunred bucks at the moment.

Speaker 2 (10:27):
So feel good Friday, right mate, you have a great week,
kend We'll catch up next week. Andrew Kelleher Jmiwealth dot
co dot n Z Husky air Bus got news on
Boeing actually in Donald Trump and air Force one, but
for now Airbus seems to be doing okay, stronger than
expected revenues, world's largest plane maker, incomes up eight percent,
revenues up six percent. They're projecting eight hundred and twenty

(10:48):
aircraft deliveries this year, which is up from seven to
sixty six last year. Our travel demand is falling, I note,
but people still want the planes because we're still globally
shortage of short of planes and all that sort of stuff.
It is coming up six twenty one. They're on the
Mike Hosking.

Speaker 1 (11:04):
Breakfast, The Mike Hosking Breakfast Full Show podcast on iHeartRadio
powered by the News Talks at Me.

Speaker 2 (11:13):
Couple of catch up things. Reported yesterday that the Tesla
board were in touch with various recruiting agencies saying we're
looking for a new CEO. And there was some debate
because of course Elon's on the board. There was some
debate as to whether Elon was whare he was being
replaced by his fellow board members. That's been denied by
Tesla in the last few hours. I referred to Boeing

(11:34):
and there are many, many troubles. One of the things
that Trump did last time he was in office is
he ordered a new air Force one and that of
course hasn't happened because Boeing are useless at making plane.
So now a company called EL three, they're Boeing or
air Force ones years behind schedule, and currently it's more
than two billion dollars over budget. And he keeps threatening
stuff and nothing changes. But anyway, there's a company called
El three Harris who are now looking to re engineer

(11:56):
a Katari seven forty seven. I'm not sure he should
be reengineering anything as air Force one personally, far less
a seven four seven. A seven four seven is very
old plane. If he was doing an A three eighty,
I could live with that, but a seven four sevens
are very old plane. Anyway, it was parked in Florida
and he drove by and he said, oh, that's a
good looking playing. Maybe I can make that air Force one.
So that's where that's going. Walts this morning, who is

(12:17):
being sacked? Trump has just said he's going to be
made the next ambassador to the UN. So what does
that tell you about the Americans view of the United Nations?
Take you most useless person, Nicki Hayley. That was the
irony last time around, Nicki Hayley, of all the weird
o's he had around him in sixteen through twenty, Nicki
Haley was the least weird and the most normal, and

(12:39):
so I thought, yep, there's a talent, but not that
that's done any good for him. So now he hates
the un so he's sticking waltson there. So we'll get
the update from Richard Shortley six twenty.

Speaker 1 (12:48):
Five Trending Now with m square House, you're one stuff
for Mother's Day fragrance.

Speaker 2 (12:54):
So you don't know about the Untold series as sports doco,
they do Urban Meyer. He was a coach, can tributor
or commentator Johnny Manziel, Johnny Football. Aaron Hernandez has been
wrapped up permanently and seeming in a murder case. Anyways,
it does that sort of thing. Latest is on Brett
fav the famed Green Bay quarterback and his controversial off
field life. It's generally thought that he's a bit lucky

(13:16):
that social media wasn't a big thing back in the day.

Speaker 11 (13:19):
Everybody wish thaking of the NFL quarterback.

Speaker 1 (13:21):
You get all the notoriety, you know, you get paid
all the money. Brett Fire was a cult like iconic figure,
people saying he was a football god.

Speaker 12 (13:29):
There are a lot of reasons why you might question
Brett Farre's inner goodness.

Speaker 4 (13:34):
Allegations that he set lude texts and photos to a
New York Jet employee.

Speaker 13 (13:38):
Brett Fire ultimately destroyed my life and then I started
gett voicemails when I was like, I'm in serious trouble.

Speaker 1 (13:48):
I think come over that you take money and tend
for the poorest. I don't know how you sleep said night.

Speaker 12 (13:54):
People don't want most of that stuff to come out.

Speaker 1 (13:59):
When someone shows they are believe.

Speaker 2 (14:02):
Them untold The Fall of Farv. It's on Netflix May twenty,
by the way, if you are into that sort of thing.
Aaron Rodgers, I can't remember what it's called, but it's
been out this year. It's on Aaron Rodgers. His relationship
with Brett Favre was interesting because he was an up
and comer at Green Bay. Father had gone or retired
or decided to walk away, or they couldn't cut a deal.

(14:23):
I can't remember what it was, but in Green Bay
Brett fav was legendary. It's one of the greatest names
in football. So Aaron Rodgers rocks up. He thinks, right,
I'm in here, so we're often running. Brett Favre decides
to unretire and come back and so at that point
their relationship is interesting in how Rogers explains, it's well
worth watching. As I say, if you follow that sort
of thing. Sorry, what's it called Enigma? That's right, that's

(14:46):
on Netflix as well. Also on Netflix I discovered last night.
It's not a discovery because it's been around for ages,
but it's a new part of the series Chef's Table Legends.
I'll come back to that later because that's something good
you can watch over the weekend.

Speaker 14 (14:58):
Right.

Speaker 2 (14:58):
David Seymour cutting down on government portfolios in Cabinet Minister's
one good idea? Two do you think it'll ever happen more?
After the News, which is next here at News talks.

Speaker 1 (15:08):
EDB setting the agenda and talking the big issues, the
Mike Costing Breakfast with Bailey's real Estate, your local experts
across residential, commercial, and rural News talks dead B.

Speaker 2 (15:21):
Very good point, Mike el three. Harris is another major
company lost to New Zealand as a result of the
extended lockdowns. They trained hundreds of international commercial pilots in Hamilton.
Millions of dollars lost. That is correct, they're not in
New Zealand company, but they did have a branch here
and that closed during COVID Best Sports doc O'mike currently
of Celtic City. I've heard that, I've seen the promos.
I liked the look, haven't seen it. New chef's table

(15:43):
is vacuous other than French Laundry. Well, i'll take your
word on that, because I haven't seen that either. I
did watch French Laundry and color's a genius and well
worth watching. Twenty three minutes away from seven, this big
beautiful bill. If you're not following this, probably worth it
because the numbers are fascinating. Richard Arnold on that shortly
meantime back here speaking numbers, has mentioned at the stunt
of the show, the Seymour idea to slash cabinet and
government departments is the government's third best idea of the week.

(16:06):
I think too many departments, too many portfolios, an awful
lot of meaningless titles, eighty two ministerial portfolios, twenty eight ministers,
forty one separate government departments. Now, the New Zealand Initiative
Executive Director Oliver Hartwich is with us on this very
good morning to you.

Speaker 15 (16:20):
Good morning Mike.

Speaker 2 (16:21):
Seeing from your work, you tell us that MB report
to nineteen different ministers. How mad is that. They must
know that's mad, mustn't they?

Speaker 15 (16:28):
Of course, I mean it's completely mad. We have more ministers,
of course in charge of MB than Ireland has in
its entire cabinets, so you can see the magistrate there.

Speaker 2 (16:37):
In looking at Ireland or Norway, do we want to
improve or is this just comfortable to run a whole
lot of people, give them a whole lot of jobs
and you can appease a whole lot of egos.

Speaker 15 (16:48):
No, we want to be more like Norway. We want
to be more like Ireland or indeed many other countries
around the world. In fact, I don't know any country
maybe Australia that runs its government like New Zealand. We
have really created something special here, but it doesn't work
when you look at Norway, for example, you have one
minister for one government department in charge of one minister

(17:08):
of portfolio and it works. In New Zealand, of course,
we split all sorts of things just for the sake
of actually creating some portfolios, keeping some politicians happy, making
sure the coalition partner is happy. But the result of
that is something that doesn't make sense. For example, we
have a Minister of Housing, but we also have a
Minister of Building and Construction. These are two different people.

(17:29):
As if these two issues wouldn't have anything to do
with each other. Or if you're serving in the armed forces,
your minister Sturis Collins as a defense minister. Once you
retire from the armed forces, your minister is Chris Pank
because that's veterans Affairs. And so we split all these
different things into micro portfolios to the point doesn't make
any sense. And finally, the current governments of course created

(17:49):
more portfolios in the reshuffle we had earlier this year,
so now we have an economic growth portfolio put yourself
by the Minister of Finance, whose responsibility economic growth force
in the first place. So it doesn't make sense.

Speaker 2 (18:01):
Anything to do with MMP. In other words, because of
the electoral system, we need more people a little bit
to do.

Speaker 15 (18:07):
With MMP, because of course nowadays we have a lot
of coalition negotiations and it makes it just an attractive
option to create more micro portfolios to keep the coalition
partner happy. But then again, if you go through the history,
you can see that the trend towards more minister or
portfolios started before we even got MMP.

Speaker 2 (18:24):
Here's your real problem though, not only a number of portfolios,
but talent. The more portfolios you have, the more people involve,
the more people involved, you stretching your talent, Paul, aren't
you exactly?

Speaker 15 (18:33):
And I think actually you shouldn't need more than fifteen
maybe twenty minutesters. I've heard Ruth Richardson actually recently saying
she thinks he could do with twelve, and I think
she's got a point. Currently we've got under thirty and
I think that's way too many.

Speaker 2 (18:45):
Good on you, Oliver, and you have a good week.
You appreciate it. Oliver Heartwood j out of the New
Zealand's initiative. As I said at the start of the show,
if Seymour can pull this off, he's about to become
deputy Prime Minister. I don't know that that necessarily means anything,
but if he can pull this off, he deserves a medal,
if not beatification. Do you want to get exercised about
executive sets? That's out this morning in the Herald. Top
bloke earned seven point two. There's a woman. I don't
know why we isolate out women go there's a woman

(19:07):
who earns a lot of me you know women should
earn more money because guess what, they run big companies.
But anyway, we'll crunch them numbers before the top of
the hour.

Speaker 1 (19:14):
Twenty two the Mic Hosking Breakfast Full Show podcast on
iHeartRadio powered by News Talk.

Speaker 2 (19:21):
ZEP Now Harvey Norman turning up the volume for New
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catalog and that's at Harvey Norman dot co dot m
Z slash catalogs pasking on truth social By the way,
all purchases he's just posted this, all purchases of Iranian
oil or petro chemical products must stop. Any country or
person who buys any amount of oil or petrochemicals from
Iran will be subject to immediately secondary sanctions. They will

(20:48):
not be allowed to do business with the United States
of America in any way, shape or form. Thank you
for your attention to this matter, President Donald J. Trump.
Who are the importers of Iranian oil? China, South Korea, India?
I don't know what that means for the trade dealer'd
just done. Japan, Turkey, Venezuela sixty.

Speaker 12 (21:06):
Five International correspondence with ends and eye Insurance peace of
mind for New Zealand business and in.

Speaker 2 (21:12):
The aforementioned states, which is our in the morning, Good
morning mate, and mister wollsoft in New York.

Speaker 16 (21:19):
Yeah, so one hundred days has just passed in the
Trump term and the clock has struck midnight for Mike
Walsh's National Security advisor, but with a soft landing. Yeah,
he's going to be nominated as you win ambassador, so
he'll be a bit away from the White House, and
Secretary of State Mico Rubio will serve as interm National
Security Advisor, filling both roles for the moment. So is
this a moderating move on foreign policy? We'll see. Clearly

(21:42):
Trump is trying to avoid some of the chaos of
his first term with Mike Flint sacked after what was
it twenty one days. These are moves that Trump had
wanted to do for a time since the signal Gate
fiasco where they included a reporter in their unsecured group
chat discussing plans where they were talking about processes for

(22:03):
the attack on Yellen. Walsh really has a storied military background,
though unlike the Defense Secretary Pete Hayseth, he was a
former Green Beret four times Bronze Star winner. However, he
wasn't so good on administrative stuff, and in the wake
of Signal Gator was found that his team routinely set
up unsecured at chats re Ukraine and China and Gaza,

(22:23):
and that he used his personal email account for government communications.
You can't do that. The long term role of National
Security Advisor could move to Steve Whitcoff, someone suggesting Trump's
business associate, who was the one who's been holding those
talks with Bertinn Moscow. As for Defense Secretary Hegseth, he
might hang on a bit longer because his post requires
Senate confirmation. Of the Trump team struggled to get the

(22:45):
votes for Hegseth. Originally, Waltz can be replaced without any
Senate vote. Meantime, Jim Himes, who is a Democrat in
the House Intelligence Committee, says Waltz's streets better than Hegseth.

Speaker 7 (22:56):
When you hold him side by side with Pete Hagsath,
who is not a serious person who really was doing
the dangerous things on those signal chats by talking about
particular weapons platforms and timing and targets and that sort
of thing. You know, Mike is absolutely an adult in.

Speaker 16 (23:12):
The room, but he is more of a hawk than
Hishigg says, who is a Trump yes man? So HeiG says,
lives on.

Speaker 2 (23:18):
And then we got the economy, who had the GDP yesterday.
Of course, this big beautiful bill with is this going
to pass? Wiz's gun.

Speaker 16 (23:25):
Oh, that's a big, big, big, big question mark. There's
there's a lot of politics to go downstream before they
get anywhere close to that. But the point at the
moment seems to be where the Murdoch and the murder
press is spelling blood in the wank of that GDP
number you mentioned, which showed that the US economy is
shrinking by zero point three percent first quarter. Well Street
Journal wizs today that tariffs are shrinking the economy quota

(23:48):
and suggesting that Trump policies are holding growth hostage. This
dip in economic growth comes up to what thirty three
straight months of growth with low unemployment and declining inflation.
The US economy was being praised as the best in
the world a few months back. Now, goods coming into
the Port of Los Angeles are down by thirty six
percent right now from this time last year, Wall Street

(24:10):
is off by seven percent overall, so worst out by
any US president in decades. Even McDonald's today staying their
sales are down. So Trump blames it on you got it,
Joe Biden. Others think the US already might be moving
into recession. Trump says people need to be patient. Then,
of course he said this.

Speaker 5 (24:26):
Somebody said, all the shelves going to be open.

Speaker 6 (24:28):
Well, maybe the children will have two dolls instead of
thirty dollars, you know, and maybe the two dolls will
cost a couple of bucks more than.

Speaker 2 (24:36):
They were tomally.

Speaker 16 (24:36):
But so maybe, yeah, Christmas will be a bit tougher
this year. Fewer toys, playthings for the kiddies, you know.
Murdox New York Post is infamous for its front page headlines.
The most famous, I guess was headless body in topless
bar years and years ago, but they've done it again.
Back in the eighties, the Australian Tourist Commission had commercials
that had crocodile dundee Paul Hogan talking about put another

(24:57):
shrimp on the barbie, even though Australians call them anyway.
The Post headline today full page quote, skimp on the bobby,
as in bobby dolls. Those kids will have to do
with few adors ships.

Speaker 6 (25:09):
That are loaded up with stuff, much of which not
all of it, but much of which.

Speaker 14 (25:13):
We don't need.

Speaker 16 (25:15):
China is responding by calling the US quote just a
small stranded boat elon Musk heading out of town. Now
known as sleepovers at the White House. It seems he's faced,
of course, at seventy one earnings loss at Tesler recently,
amid a New York Times report, Tesla is denying that
they are searching for a new CEO. However, at the
latest Trump cabinet meeting yesterday, things were looking pretty razy,

(25:35):
weren't they. For Trump aids like Pam Bondi and JD. Vance.

Speaker 17 (25:39):
The President is solving the problems the American people set.

Speaker 15 (25:42):
About to solve.

Speaker 1 (25:44):
He's actually doing the things that he promised that he
would do.

Speaker 8 (25:47):
And mister President has been.

Speaker 18 (25:48):
An honored to be part of it for the past
one hundred days.

Speaker 19 (25:50):
President, your first one hundred days has far exceeded that
of any other presidency in this country ever, ever, never
seen anything like it.

Speaker 1 (26:01):
Thank you.

Speaker 16 (26:02):
That led Republican activists and Colder to suggest today quote,
please can we have a cabinet session with less of
the Kim jong Un suckout.

Speaker 2 (26:11):
That's a good week in Richard Arnold State Side ten
to seven.

Speaker 1 (26:15):
The Mike Hosking Breakfast with the Range Rover Villa News
Togsdad b.

Speaker 2 (26:20):
There's only a week of elections Canada of course, Australia tomorrow.
Work you through the latest poll and could be a
route not just a close run, think, but a complete route.
Singapore tomorrow as well. We all know the results as
are mentioned earlier on at the week, because that's how
Singapore rolls. The PAP wins, wins by a mile. There
is change coming though in the sense that each time
they win by a little bit less. I mean, they

(26:41):
still win by a mile, but the mile isn't as
big as it used to be. If the word is,
if they get sixty five percent, they're going to be
reasonably happy. They've won every election basically in the landslide
since nineteen fifty nine. It's all lekor news felt anyway.
The primates what I didn't realize. Primates from Singapore's paid
two and a half million dollars a year. It's not
bad as it and each minister gets a little bit
over one million dollars. And I'm all about I'm all

(27:04):
about paying good money for good people, and that's where
the whole argument falls down. Of course, speaking which sticks
away from seven.

Speaker 1 (27:11):
The in and the ouse, it's the fiz with business favor,
take your business productivity to the next level.

Speaker 2 (27:18):
Yes, welcome to CEO salary days. So this is the
business Herald Executive Pays survey fifty one companies on the
Stock Exchange, couple of Australian owned banks. They've declined generally
pay packets in the last year by an average of
two point four one percent. Did well during COVID, average
increase since then a one point twenty seven percent, So
basically it's reflectib or supposed to be of a country

(27:39):
that's having some pretty difficult times. The average pay fell
to two point two to three million. That's the average
two point two three million, which is down from two
point two eight twenty CEOs received over two million, so
it's only twenty so it's not that many people earning
really big money. That was compared to twenty five back
in twenty twenty three. So who earns the most at
number ten The guy called Neil Barclay who runs Meridian.

(28:00):
He gets three point twenty four Dan Huggins who runs
the V and Z at three point three seven. A
guy called Lewis runs Fisher and Parkell Healthcare. Three point five.
Don Braid Main Freight, good bloke, nice guy. Three point
seven eight. Greg Poorn of be in New Zealand. I'll
come back to him. Four point one eight. Nick Grayston,
who runs the Warehouse. I'll come back to him as well.

(28:20):
Four point two two. Victoria's short. That's the one the
media is making of all of the storyt I mean,
God bless Victoria comes on the program on a regular basis.
Love her to death, all of that sort of stuff.
But the faction's a woman's irrelevant. She runs a business,
who cares about gender. Get over yourselves. She's earning five
point one five as she should. She's running a very
large bank. Miles, who I love probably more than anybody else.

(28:42):
Five point nine two. If Miles was earning eight hundred
million at the moment, I'd say he's underpaid. Miles is
a genius. What he's done to Fontira, and what Fontira
is doing for New Zealand Inc. At the moment cannot
be underestimated. The guy runs a two six point five
and the guy who's leaving but currently runs Ebos Ebos
nobody new outside of the business community, but they're in

(29:02):
the medical and health and animals and stuff. Anyway, he
got seven point twenty seven million dollars. So they're very
nice numbers are but the increases are the key. So
I'm not against anybody earning a lot of money. Love it,
bring it on. But the biggest increase was Neil at
Meridian who got a seventy three percent increase. Victoria she
got a forty five percent increase. Greg at A New

(29:24):
Zealand they got a three thirty three percent increase. Now
why given the circumstances of the in New Zealand. Now
it's all about metrics and what he did and didn't
do and who sold more and how it came in
and the KPIs and all that other stuff. But it's
how you do that that reflects what sort of increase
you get. Now, if I present to you the case
is I in New Zealand, one of the great New

(29:45):
Zealand companies, and this guy for and let's give him
another thirty three percent. Do you go here here or
do you go as for the warehouse and Nick Grayston
up fifty one percent. Come on, write our news for you.
In a couple of moments. Speaking of money, the doctors
want more, Sime and Brown not happy with the union.

(30:05):
So what do we do now, Let's see if we
can't get some answers for you.

Speaker 1 (30:09):
The Breakfast Show Kiwis Trust to Stay in the Know,
the Mike Hosking Breakfast with Veda, Retirement Communities, Life Your
Way News togs had been.

Speaker 2 (30:19):
Seven past seven. So despite the doctors being on strike yesterday,
problems not gone away. So it's back to the negotiating table.
The employment relations authorities now getting involved. The Health Minister
Simming and Brown with us this Friday morning, Good morning.

Speaker 1 (30:30):
Good morning.

Speaker 2 (30:31):
Shouldn't we have a simple rule in this country around
negotiations of larby unionized workforces have a couple of cracks
and once we do that, let's go to compulsory arbitration.

Speaker 20 (30:40):
I've been very clear that what the union should be
doing here is negotiating, and there's a range of different
ways that that can be done, such as what you're
suggesting here. But striking is not the answer. Striking does
not help patients, and as I've been saying, four three
hundred patients had their either surgeries canceled or their specialist
appointments canceled yesterday which or delayed sorry, which means they're

(31:00):
going to have to wa even longer now for the
treatment they've been waiting too long for already.

Speaker 2 (31:04):
I get your line yesterday was the union should have
put the offer to the doctors. Do you reckon? If
they had put the offers to the doctors, the doctors
would have come even within a million miles of accepting it.

Speaker 20 (31:14):
Well, the key point here is that the majority of
doctors either did not vote or voted not to striking,
only a minorit of doctors actually voted or the mildy
members actually voted to go on strike yesterday. So yes,
I do think they should have put the offer to
the table. It was a credible offer dealt with a
number of the key issues, such as bonding payments for
doctors who go to hard to staff regions like Gisbon

(31:35):
and Nelson had included removing the bottom three runs of
the bands so that junior doctors become senior doctors don't
get the effective pay cunt that's critical to attracting new
doctors in and also provided increases to the bands over
a two year period, so it was a credible offer
should have been put to the members. I know how
important these doctors care for their patients, and the right

(31:58):
thing would have been to have had the discussion rather
than cancel care for the patients they care for.

Speaker 2 (32:03):
Is the offer of the offer? Or if you had
more money, you'd give them the money.

Speaker 20 (32:07):
Well, ultimately Health new Zealand is negotiating the union. They're
going through a process.

Speaker 2 (32:12):
Yeah, but they're claining they've got no more money and
we all know we don't have any money. We're a
broke country. But if we.

Speaker 20 (32:16):
Were well did Health New Zealand has to deliver with
its budget. This government has put a record increase in
funding into Health New Zealand sixteen six billion dollars over
three budgets. But that funding has to cover a range
of things. That has to cover our hospital services, it
has to also cover our GPS, has to fund a
age care, a whole range of different things and there's

(32:38):
pressures across the board.

Speaker 1 (32:39):
So Health New.

Speaker 20 (32:40):
Zealand has to balance up all of the different things
that have to fund. And I've been very clear you
know we need to be actually investing more into primary care.
So we actually keep them the hospitals in the first place,
and so there's a range of balancing balances they need
to make. They've put a credible offer forward and they
have to deliver within the budget that they've been provided.
It's a credible offering should have been put to their members.

Speaker 2 (33:01):
Good stuff, appreciate it. Have a good weekend, singing in
brown Health Minister dw Is hard being the health Minister,
isn't it an eighteen minutes past seven, asking of which
more meth trouble in a country seemingly besotted with the stuff.
We've got a fourfold increase in hospital discharges. This is
in the last ten years. It's gone from seven hundred
and fifty seven people to three thousand and ninety five.
Drug Foundation boss Sarah Helmer's with as Sarah, very good
morning to you. Good more name See the interesting thing

(33:23):
about three thousand and ninety five not to understate what's
going on with meth and the various problems in this country,
but they're canceled in a single day yesterday with the
strike over four thousand procedures. So three thousand in a
year is not that many people, or is it?

Speaker 21 (33:38):
Look, I think we have every right to be concerned
about the number of people who are presenting with Smith
and beetter Manham. So to me, what this figure really
shows is a bit like what the minister just said.
We need to invest much earlier on and not wait
until somebody is presenting an ed or ending up in
jail before we offer them any help.

Speaker 2 (34:00):
I mean, literally, what are you invested? Do you stop
me buying the meth in the first place, Do you
stop the price of the myth going down? Do you
give me a job so I don't feel like taking meth?

Speaker 17 (34:08):
What do you do at the moment?

Speaker 21 (34:10):
We're barely investing anything in help or support or what
actually works, So we need to invest in those things.
So there's been a really good program up north on
mefmphetamine that's been successful. We've been calling for that to
be rolled out for years now and invested in properly
treatment support. So that is the least funded area of health,

(34:34):
the lowest paid profession. Moreover, there's a lot that can
be done to support people and very cost effective peer
based community run things when they have meth addiction. You
don't necessarily need to go to rehab if you like.
There's stuff in particular that we've found out recently about
half of people who use illicit stimulants like meth and

(34:55):
phetamine have untreated ADHD. We might actually be able to
make huge in roads into prevention and helping people true
that more successfully recover, if you like treating the idea.

Speaker 2 (35:10):
Actually, okay, are we an outlier in the Western world
we've seen besotted with the stuff? Are we or as
just the whole Western world besotted with it?

Speaker 21 (35:18):
There's two things. We actually have an unusual drug profile,
it's true, but that is because we don't have some
other kind of worse drugs, So it's a lot of more. Well,
some of the really potent opioids that are causing.

Speaker 2 (35:34):
Fatality in America, for example, Yeah, in San Francisco, bent over,
unable to move and all that sort of thing.

Speaker 21 (35:43):
We have had some presentation of that here, but not
a lot. So really it's yeah, it's there is a
massive increase in the drug supply globally, and that's part
of what we're seeing reflected here. And we've had some
change in our local criminal activity and that's resulted a
very significant price decline.

Speaker 2 (36:02):
Over the last I don't have time to argue with
you and I'm not actually arguing with you. All your
people talk the same way. You talk about how cheap
it is and how the gangs are dreadful, and I
agree with all of that, but somewhere someone's got to
own some responsibility for themselves. I couldn't give a crap
how cheap method is. I'm not taking any where's that argument.

Speaker 21 (36:22):
Yeah, look, that's fine. It's it's a bit similar with alcohol.
You know, eleven percent of our presentations ad alcohol relates.
We might think that that's bad behavior, and there's some
other things that we could do to prevent that root harm.
So yeah, I think we can just say don't do it.
But I think that's exactly what we've been doing for
many years and it hasn't actually worked. So let's try

(36:45):
and do what will work.

Speaker 2 (36:46):
Okay, Sarah, appreciate your time. Sarah helm who's the Drug
Foundation boss with us this morning, thirteen minutes past seven
past Health New Zealand played at CEO Mike eight hundred
and seventy five thousand dollars per annum iffing ridiculous money. No,
it's not eight hundred and seventy five that. Let me
be to you controversial eight hundred and seventy five thousand
dollars to run something the size of Health is a bargain.

(37:07):
It's a joke. I wouldn't do it for eight hundred
seventy five that I'd want five million to run Health
New Zealand. Why Because it's massive, it's complex, and it
requires some fairly big brains to do it. What you're
pointing out is that the person getting the eight hundred
and seventy five was useless. So it's not about the money,
it's about the talent. Fourteen past the.

Speaker 1 (37:28):
Hike, Asking Breakfast Full Show podcast on iHeartRadio powered by
News Talks at b.

Speaker 2 (37:34):
Now to seventeen minutes past seven. A lot of talk
this week about the economy, tarists, business confidence, interest rates,
all of that sort of stuff. Eden Park might be
at the pointing end of this because revenues fallen from
forty four million bit over forty four million to twenty
nine almost thirty million, so it's gone down significantly. Major
event attendance fell from eight hundred and eighty one thousand
people to five hundred and forty now these Eden Park

(37:54):
CEO is Nick Saultaner, who is well this Nick, very
good morning to you.

Speaker 17 (37:59):
Good morning, Mike, can think your time, not at all.

Speaker 2 (38:01):
What's brought this about is that the number of events,
is that the number of people attending the number of events.

Speaker 17 (38:08):
There's been a number of factors, Mike, as you're aware
that seed funding is critical to attract major events, and
you've seen over the last three years that eden Park
has secured the likes of Coldplay, Pink Billy, Joel, etc.
And then also the fe for Women's World Cup, Rugby
World Cuts and cricket World Cups. So there's been a

(38:29):
limited funds available for Markman unlimited and also central government.
There hasn't been enough agility. We've missed out on a
number of events over the last twelve months. And I'm
sitting here in India today where a report has been
released by EUY talking about India's rising concert economy and
a new era of live entertainment. And it's concerning because

(38:51):
we want a city where people want to live, stay, playing, work.
Eden Park went through a five year journey, arguably one
hundred and twenty five year journey to get concerts. Are
in a situation where art is to bypassing New Zealand.

Speaker 2 (39:02):
Are you losing when you say you're missing events. You're
missing events because New Zealand and kistn't up to it,
or are your missing events to other centers within New Zealand.

Speaker 17 (39:11):
No, it's missing events to the East Coast of Australia.
It's a competitive market for major events. People know the
concert economy and what it can deliver, whether it be
the employment opportunities, the social good, but just the general
tourism benefits. And we saw it with it was talked
about having detailed Taylor Swift and missing out in recent times,

(39:33):
we've seen Lady Gaga and not come to New Zealand.
What we need to do is have a major events
strategy for Auckland and New Zealand along with the stadium
strategy for Auckland and New Zealand and let's just get
on with it.

Speaker 11 (39:45):
Yeah.

Speaker 2 (39:46):
I agree. Having said that Gaga is not coming, I
think for the same reason Swift isn't coming, we can't
cope with it. Or would you argue differently.

Speaker 17 (39:54):
I'd argue definitely. I mean we've now put ourselves in
the situation. We've got a proven track record of delivering
outstanding concert events. If anyone went to Coldplayer, Luke comes
Pink or indeed six sixty. They saw that Eden Park
is a fit for purpose, multi purpose stadium. When the
curl opens, we're going to be seven minutes to town.
The capacity will get up for seventy thousand with some

(40:16):
minor modifications. So we are competitive with the East Coast
of Australia. But the reality is this coast of Australia
has seed funding. Yes, there are other factors and I'm
not denying that. There's freight costs, the appeal of playing cities.
We've limited flights between say Melbourne, Sydney and Brisbane. But
we've got to be in the game.

Speaker 2 (40:36):
Yes we do in ten seconds or less. Why are
you in India?

Speaker 17 (40:41):
I had an opportunity with the Rajasthan rules to assess
the feasibility of a new stadium. So it's engaged on
an advisory program. I've been here four days and it
is being phenomenal. It just demonstrates the opportunity for New
Zealand in this market.

Speaker 2 (40:55):
Good stuff, it go well with it. Nick Sautner, who
is the dhead of Eden Park, Mark The Weekend, The Moment, the.

Speaker 1 (41:02):
Mic Asking Breakfast Full Show podcast on iHeartRadio, Call It
by News TALKSB.

Speaker 2 (41:11):
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Wellington Tory nine, well leave Man, she scored it herself. Nine.
Why wouldn't you? Shouldn't you I when you're as brilliant

(42:16):
as she is? God, she deserves a holiday. Donald seven.

Speaker 1 (42:19):
We're up to close to eight trillion dollars.

Speaker 8 (42:21):
I think I can say.

Speaker 2 (42:22):
For the sheer, madness, the calamity, the unbelievable amount of
bullshit he spouted in one hundred days, you'll never see
the like again, unless, of course, he runs for a
third and fourth term. Auckland FC eight. You can't argue
with that execution of success. Have a dream, get a team,
win the comp that's brilliant. Sky TV seven well done
on the snooker upside. Apart from anything, the quality of

(42:44):
the competition is absolutely sensational. COVID thirty one thousands. That's
a lot of submissions and then thetats. The intact is
still very real for many of us Canada. Seven.

Speaker 11 (42:55):
We have to look out for ourselves.

Speaker 2 (42:58):
Election of the year so far will almost certainly beat
tomorrow's in Australia unless Dutton does a Morrison and I'm
not running odds on that. Speaking of odds, WEAIMO to
a deal with Toyota to provide you with a driver's
car in our lifetime. I don't think so, Speaking of
which Toyota seven All blacks deal nice fit. How good
is to mighty William's going to look in a year?
Or say James Meagher Three says random stuff like he's

(43:22):
looking into helping you in New Zealand and the regions
and getting fears down. He's also, by the way, looking
to get butter under four dollars a block Finance Studies.
Eight gets the Good Government Move of the Week award
from me Ruer Peiho and their deal. Six Toksoo long
got to angsty, wasted too much time, but we got there.
Get your resign Rossignall's ready acc changing the Mariads for

(43:43):
manufacturing and making them non race based well six for
act highlighting it. Two for ACC for yet again ignoring
simple government instruction Nicola and her austerity. Six deserves q
dos for holding the line in politics. You see the
easy ways off the road most traveled, being tough and
realistic in a country that loves a handout takes gonats

(44:04):
and that is the week copies on the website and
once again we are proud not to have left anyone
stranded in Australia just because they turned up with a
kayak husky. Well, watching the news last night and seeing
the doctors protesting, they're just not credible. The nurses joined in.
Anyone who had a gripe had a banner to a degree.
I have sympathy. My wife, my glorious Katie, happened to
be at the hospital yesterday. There was no one there.

(44:24):
Those people turn up at a set time for the cameras.
They all turn up, get their placards out. When she
turned up, there was no one there. When she left,
there was no one there. You just told us, Mike
about CEO pay packages and how they're worth it. In
their next interview about doctors striking for paying conditions. It's
a clear example of the pay and balance. People aren't
paid what they're worth. Ah, very very good point. The

(44:46):
question is what are they worth? And in that lies
the industrial picket line, doesn't it at the end of
the day, So a person is worth what they're worth,
depending on who's writing the checks and whether or not
they've got any money. A CEO is paid what the
board thinks ceo is worth and as long as the
bad degrees and the CEO agrees. No one else matters,
And as far as a unionized workforce is concerned, generally

(45:07):
it comes down because they are so often at the
at the behest of the public purse, as is so
off in the case in a broke country. You have
no money, you can only offer what you have, and
when it's nothing, it's nothing. Some polling out suggests Elbow
is not only gonna win, he is gonna thrash the
Berjesus out of Dutton, which leads to the question what
happens to Dutton anyway? As any of that accurate. We'll

(45:29):
talk more about this with Bruce Hawker after the News
which is next near a news talk see.

Speaker 1 (45:36):
Your source of breaking news, challenging opinion and honors facts.
The Mike Hosking Breakfast with the range Rover Villa designed
to intrigue and use togs dead be There is.

Speaker 2 (45:48):
Not much question in what a doctor is worth, Mike, well,
is there? Let me come back to that very good text.
Twenty three minutes away from a election day tomorrow in Australia,
a lot have already voted, of course, so Elbow and
Dutton have been chasing, diminishing returns for well over a
week now. I gave you the latest polling earlier on
the program that shows potentially a route and Labor returned
with the majority. But what does Bruce Hawker think. He's
a political commentator of course, former advisor to Kevin Rudd,

(46:11):
and Bruce is with us in the early hours of
an Australian morning. Bruce, morning to you, Good morning mate,
appreciate your time very much. The u GUV numbers I
refer to suggest not just a win for alban easy,
but a significant one that he'll get about eighty four
seats out of the one hundred and fifty you need
seventy six for a majority. Do you believe it?

Speaker 18 (46:29):
I think it's a bit high. That's my gut feeling
about it. I think a majority victory for Labor, which
would be more than seventy five seats out of one
hundred and fifty, is a possibility, but I think it
would be a bare majority that they would win if
they do get across the line. But that would be

(46:49):
a remarkable result given what the Poles were saying just
a few months ago.

Speaker 2 (46:54):
How do you explain, And once again I'm looking from
the outside, but for a while there done looked like
a genuine contender, a spill looked potentially on Albanezy calls
the election, the polls shift, they keep shifting, and the
whole thing's changed. Why Look, there are a.

Speaker 18 (47:11):
Few things that happened. One was that interest rates came down.
That allowed Labor to change their narrative to say, look,
it's the worst of it's over. Now we can start
planning for the future. And Dutton presented something of a
risky sort of a persona, particularly in light of what

(47:31):
was happening in the US with Trump. A lot of
his comments, a lot of his policies were really Trumpish
in their attitude, and he presented himself very much in
that mold, and I think people started to think, oh,
we'd rather have the devil we know.

Speaker 2 (47:50):
So the same Canadian thing that worked against polyevs working
against Dutton.

Speaker 18 (47:55):
Yes, except not as extremely that And we'll have to
wait and see, of course how it goes. But I
think that as a major factor in the election, we
had a cyclone that never really developed into being the
threat that it was going to be, which allowed the
Prime minister to be very prime ministerial. And as you know, Mike,

(48:17):
you know, once she rot in that role as sort
of the protector in chief, then that changes people's attitude.

Speaker 1 (48:25):
Somewhat as well.

Speaker 18 (48:26):
But I think it was more the risk they felt
that Dutton presented. A lot of his policies were underdone.
He's gone for a nuclear policy which a lot of
people just thought, well why do we need that? And
a lot of his costings were pretty rubbery. So all
those things combined to come together at exactly the right time.

(48:47):
I think for.

Speaker 2 (48:48):
Labor, what's your sense of let's say Elbow wins, what's
your sense of a second term? Is it a term
of regret from an Australian voter who didn't have a
real choice, or has Elbow got the means to do
something for Australia and go on to be a John
Howard Esk type figure.

Speaker 18 (49:04):
Well, that's a really interesting question. And I normally, you know,
if you're in a minority is they may well be
that's a bad place for governments to be. But I
suspect there'll be so many people on the cross benches
that they'll be able to govern without too much difficulty
if interest rates continue to drop as they look like
they're going to, largely because of problems on the international front.

(49:28):
I think that will be good for Labor. They've got
a pretty good team in place there that are quite experienced.
They did get diverted by the voice, which is the
referendum missiue about giving Aboriginal representation of kind, and I
don't think they're going to be going down that path again.
So I think they've learned a lot. There's a really

(49:49):
good chance. I think that we could be in for
a pretty solid second term by Labor. Not to say
that that's a foregone conclusion, of course, but I think
they're probably if they get across the line here, particularly
if they have a majority, then that places them in
a good position to look pretty solid in their second term.

Speaker 2 (50:09):
One of the arguments was that Hans's going to preference
the coalition, She's surging that helps the coalition. Do you
give that any weight?

Speaker 17 (50:18):
I do.

Speaker 18 (50:19):
I give that some weight because with our preferential system
of voting, most of those votes are going to come
back to the opposition, So I suspect that their two
party preferred vote, not their primary vote, will actually be
a bit better than it looks like it's going to
be at the moment. Pardon me, because a lot of

(50:40):
the polling just goes on the basis of what happened
in the last election, how preferences were distributed, so that
may artificially reduce.

Speaker 15 (50:49):
The opposition's votes, but I don't.

Speaker 18 (50:51):
Think it's going to be enough for them to be
in a position to form a government because essentially we
have these teal seats in Australia, in these more wealthy
beachside suburbs which are socially progressive fiscally conservative. They're going
to re elect pretty much all of those TiAl candidates.
That sort of represents something of a split in the

(51:12):
Liberal Party that I don't think somebody with the policies
that Peter Dutton has is going to be able to mend.

Speaker 2 (51:19):
If Dutton gets done, is he done for or not?

Speaker 18 (51:22):
Well, that's another really good question. I suspect that he
probably is done for and it'll be interesting to see
on the night if Labor wins and clearly wins, whether
Dutton one holds his seat of Dixon in Brisbane, which
is marginal. He's always seems to be going to lose
his seat, but he always manages to hold on to it.

(51:44):
He's a pretty good local campaigner. Whether he taps the
mat or says, I'm going to throw my hat in
the ring for another go as opposition leader. I think
his plan, definitely that was to try to win as
many seats as he in the outer suburban seats of Sydney, Brisbane, Melbourne,

(52:07):
and that may still help him, but I think it's
going to be much harder for him and I wouldn't
be surprised if he doesn't continue in the role of
opposition leader if they get badly defeated.

Speaker 2 (52:21):
Appreciate your expertise very much, brus Goo Oldemorro. Appreciate it.
Bruce Hawker, who is the well former advisor to Kevin
Rudd political commentator these days, just quickly on that pole
that you go poll. Eighty four seats is what they're projecting.
It's an outlying pole. They argue that it's a big poll.
It's a pole of polls. There are thirty five, one
hundred and eighty five people interviewed for it. It's done

(52:42):
over an entire month between one April and twenty nine April,
hence the weight it's given to it. But they are
claiming labor eighty four seats. They need seventy six for
a majority. Most likely outcome for the Coalition reduced to
forty seven seats, lowest percentage since nineteen forty six. As
Bruce said, all sitting independents are expected to retain their seats.

(53:04):
Some Liberals, some heavyweight liberals, including shadow ministers, are expected
to lose. As many as three are expected to lose
their seats, so it's going to be an interesting night
Tomorrow sixteen.

Speaker 11 (53:12):
To two.

Speaker 1 (53:15):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at Me.

Speaker 2 (53:22):
There was a just before we leave Australia. We'll go
back to murray Olds after eight thirty of course, but
before we leave Australia, there's a big sort of meeting
of some HOSPO heavyweights this week. They were sort of
prize winners and they hand out hats and it's like
Michelin Stars and all that sort of stuff, and they
get together from a big lunch. It's written up and
all that sort of stuff. Anyway, hospow industry in Australia
for all the people from New Zealand who's left New
Zealand to go to Australia because apparently it's so fantastic.

(53:45):
They had a nine point three percent closure of businesses.
One and eleven hospo outlets closed down in the last year.
Not just the cost of coffee, which is up to
a fifty year high, it's all the other costs, the rent,
the labor. That it's insane, that's what they're saying. It's
a quote, it's insane. So it's insane over there. Apparently
it's insane here as well. So back to the text,
very good question that says there's not much question, Mike,

(54:07):
in what a doctor is worth. Well, there is, because
if there wasn't, we wouldn't have a strike, would we.
And it's who pays the bills. A doctor is worth
what they can get and if they can get more
in countries we regularly like to compare ourselves with. Then
the answer is fairly simple. No, it's not, and you
can make it sound as simple as that. But otherwise,
why would people come to the country, Why would we
have an immigration rate, why we would have a gain

(54:29):
in immigration? And why would when you put nurses on
fast track they suddenly come to the country. Why would
they come to the country to be more poorly paid?
And then you've got the myth and I think Simeon
Brown's been trying to work fairly hard on this, if
not the Prime Minister. Nurses now are paid at New
South Wales level, but a nurse is still going to
New South Wales. Yes, they are a nurses coming from
New South Wales to Yes. That So it just depends

(54:51):
on what you're looking for. The big selling point for
New Zealand and this is where it gets into a
slightly different area. I'm not sure it's as strong as
it used to be. The big selling point for New
Zealand was New Zealan seen from the outside looking in
is a godlike creation that you can't get enough of that.
It's a magical place that no, you might not earn
as much money, but what a lifestyle, what a place
to raise your kids. And that's what attracts people here

(55:13):
because of all you're ever going to do is go, well,
I'm a doctor, I'm a scientist, and I can earn
more in Sweden, more in Denmark, more in American, more
in Britain. You never have no one left. If you
look at the CEO's list this morning, CEOs and America
don't earn three four five million dollars. They earn forty
fifty sixty seventy million dollars, and so we'd all go
to America to be CEOs. It doesn't work that way.

(55:35):
And when you've got bulk numbers of people as opposed
to a singular CEO, you get a handful of CEOs
in this country. Comparatively speaking, when you've got bulk numbers
of people, whether it be teachers, nurses, or doctors, in
other words, hundreds of not thousands, and they're paid by
the public purse. You can't just go around in a
country and an economy the size of New Zealand five
million people saying well, in Sweden they earn three hundred
and sixty seven thousand dollars unless you pay me that

(55:56):
I'm off because you'll have to be off, because there's
no way we can afford it.

Speaker 22 (56:00):
That's why did we not take like the pay rise
that the CEO of in New Zealand and the CEO
of the warehouse God and then spread that out amongst them.

Speaker 2 (56:10):
That you sound like a Texter, Sure you can, and
you would get somewhere. What would you get? Would you
get more or less than one cent each? By the
time you spread it all about the place, I haven't
done them there exactly. Turn away from eight.

Speaker 1 (56:21):
The Mike Hosking Breakfast with Bailey's Real Estate News talks.

Speaker 2 (56:25):
The Mike state of emergency in christ Church. But the
schools and airport are open. Isn't that contradictory? Don't get
me started on the weather concerns. I emailed my mother
last night. I said, how's your state up emergency? In
half an hour late, she emails back and goes, I'm sorry,
I don't know what you're talking about. So you know,
I can go figure seven away from eight. How about
this weird old business with the basketball So the New
Zealand Basketball League suspended the Indian Panthers for the rest

(56:45):
of the season. They were an expansion site. They ran
into all sorts of allegations and problems. The CEO of
the team is Paven Battish, who is with us A
very good morning to you.

Speaker 23 (56:54):
Good morning Mike.

Speaker 2 (56:56):
I sort of I don't even know where to start.
How can it's all gone?

Speaker 23 (56:59):
So look, let me start like just saying, you know,
give a big apology to the basketball community, to you know,
the commission, the league and in fact the other clubs,
because everyone's been really supportive over the period of time.
We've only been going for about eight weeks and it's
been a difficult time. We've made them, we've made the mistakes,

(57:20):
and you know the good thing about what's happened is that,
you know, the Commission has given us the opportunity to
rectify some of those things that we've that we've missed on.
And you know, what we need to do is we
need to get back to the philosophy, the original philosophy
of what we were about, which is about developing Indian players,
Indian basketball players, giving them the opportunity to play in

(57:42):
a mature league like the you know, the New Zealand
MBL and play against good players. And that's what we
need to get back to. And then what will happen
as a result of that is that, you know, the
community ties will naturally happen because you know, as we
saw in Palmston, there is a there is a real

(58:02):
opportunity with local communities where our players and the Palmerston
players were invited to an Indian gurudwire for dinner and
embraced and there was cultural activity at halftime. Those are
the things that we can bring, but they're almost like
a secondary thing that we need to do, and what
went wrong is that we didn't stick to our philosophy

(58:22):
of what we should have done, and we made in
the stakes, be it a financial or whatever. But we've
been given the opportunity to fix loads.

Speaker 2 (58:30):
When you do, will you be back? And when you
are back, is it sorted once and for all, one
hundred percent?

Speaker 23 (58:36):
When we come back, we're going to be much stronger
because the positivity around what we can do and what
we can deliver is enormous. The opportunities that we have
are enormous, and that's what we need to deliver on.
So those are mistakes.

Speaker 1 (58:51):
You know.

Speaker 23 (58:52):
The best thing you can do, as I'm sure some
philosopher said, is learn from your mistake, put those correct
and move forward. And that's what we intend to do.

Speaker 2 (59:00):
All I can do is wish you the very best
with it. Paven Battish strange story, though, wasn't it? For
the way? It's one of those stories that came out
of nowhere? And he thought, what the hell was going
on there? Four minutes away from a mike Will you
be watching the Warriors game of the Australian election results?

Speaker 24 (59:13):
On?

Speaker 2 (59:13):
Said the night, Well, both I might and I might
screen and screen. And when I say screen and screen,
I don't know how to do that. And there was
some discussion last time I raised it as to whether
actually technically I could. I don't even know that I can,
and I probably won't. What I will do, of course,
is I'll watch the Warriors, because, of course, the election
unfolds fairly slowly, unless, of course, the aforementioned yugub poll

(59:34):
is accurate and it unfolds very rapidly and it's Ober
before it's over. But either way, I will be I
will be partaking in post and both. The other thing,
of course, is the F one. What I didn't realize
up until yesterday is a sprint weekend, and the F
one super exciting. So I love a sprint weekend. I
don't know a CAA no, well, yeah, even in the
car park they can do a sprint weekend. I don't

(59:54):
know if Liam love's a sprint weekend, but sprint weekend's
good weekends as far as I'm concerned. Tell you what
else is good? Tim and Katie and they are bracing
themselves buckle up for some more. Shortly after the news.

Speaker 1 (01:00:05):
The news and the news makers the Mic Hosking Breakfast
with Bailey's real estate, your local experts across residential, commercial
and rural news talk Tad Be.

Speaker 2 (01:00:16):
Mike, people coming to New Zealand because it was a
great place to raise a family, stacked up when we
didn't have an overinflated housing market. Now it's funny you
should text me that because I read a very interesting
article that basically you're wrong. But I'll come back to
that meantime.

Speaker 25 (01:00:30):
This dares me, I so bold sees him then see
me two Pat.

Speaker 2 (01:00:46):
We could play a comedic line, but I don't think
most people will get who this is. I wouldn't, Katie,
Good Mornings.

Speaker 11 (01:00:52):
We operate out of a totalitarian dictatorship. What part of
totalitarians don't you understand?

Speaker 2 (01:00:57):
Sit down and shut up exactly morning him, Morning Kay.

Speaker 10 (01:01:05):
Good morning.

Speaker 11 (01:01:08):
We were just all I said.

Speaker 2 (01:01:10):
You interrupted, We recorded all of that. I know that
was about me. I know it's about me. The Para Naya,
the quick quick question on the quiz, Susie, who is
this Katie Pray?

Speaker 26 (01:01:28):
Sam Okay, who is this Katie Perry?

Speaker 11 (01:01:34):
Is she's been canceled?

Speaker 2 (01:01:38):
It's Susan.

Speaker 11 (01:01:42):
Baker, Oh, Susan.

Speaker 10 (01:01:47):
Sleeping back in time.

Speaker 2 (01:01:50):
We're never going to get it. It's her first album
in a decade. It's an album of political urgency.

Speaker 24 (01:02:01):
Next, what's Katie Perry up to these days?

Speaker 2 (01:02:04):
Respond she She's still trying to get a balance back
from the lack of gravity. Responding to the disinformation space,
we are living in a state of permanent emergency.

Speaker 11 (01:02:15):
Wow, Firmer christis blah blah blah. Question A question for you.
What was the name of the character in her biggest.

Speaker 26 (01:02:23):
Hit, who Lives lu lu Luca see, I want Congratulations,
I want Milka with.

Speaker 1 (01:02:34):
Two degrees stoping for fear for Kiwi business.

Speaker 27 (01:02:38):
I actually loved it song, but then I found out
it's about like it.

Speaker 10 (01:02:41):
Was actually really sad song.

Speaker 2 (01:02:43):
It's a tragic song. I think everything I think. She's
been living Susanne in the state of permanent emergency most
of her life. She's one of my I love her voice,
and I like what she tries to do musically. And
but she came into the studio one morning, you remember
that five six years ago for five six, seven, eight, nine,
ten years ago, and she came in and I thought,

(01:03:05):
this is nice, she's coming in, and then she's sort
of she's one of those people you know in the
small talk before the interview, where generally, I mean, I'm
a pretty affable sort of bloke and where there's there's
lots of giggles and fun times to be had off air.

Speaker 22 (01:03:20):
Not a totalitarian regime.

Speaker 2 (01:03:22):
Certainly, not a totalitarian regime the way I've heard some
people describe the show. But she sort of had no chance.
She was like so earnest. She kind of like it
was like, oh, I wish the news would end so
we can get on with this interview, you.

Speaker 11 (01:03:35):
Know what I mean.

Speaker 14 (01:03:37):
Eighteen that was, by the way.

Speaker 2 (01:03:39):
Yeah, and she refused so.

Speaker 27 (01:03:40):
Much to warn her that you don't do earnest and
just don't even try.

Speaker 2 (01:03:45):
Someone said that it just says on whatever you do
when you meet that, but keep it shallow.

Speaker 24 (01:03:49):
So if you keep it, keep it shallow. Giggle when
there's spaces, there'll be spaces. Giggle, smile a lot, and
keep moving.

Speaker 27 (01:03:56):
Yeah, we should change the name of the segment to
the I of reply.

Speaker 10 (01:04:02):
All week you throw people under the bus, me included,
and we don't.

Speaker 27 (01:04:07):
No one gets to come back, and I just I
just take this opportunity on a Friday.

Speaker 10 (01:04:11):
I think to first of all, you you told your audience,
can you sit and hand it, hag it. Can you
call me Hagard? You told them, And then you can.

Speaker 11 (01:04:20):
You do that? Can you do that voice again?

Speaker 10 (01:04:22):
That's and then you said, I called you a boomer,
and I just want people. All of these things come.

Speaker 27 (01:04:28):
From a deep place of love and respect. I was
telling you how much I love you and worry about you.
When you look tired, I think, oh my gosh, are
you're getting too tired? And and I worry that you
might be starting to look a bit.

Speaker 10 (01:04:41):
And I paused, and you said Haggard, And I said
I didn't know.

Speaker 1 (01:04:44):
Oh my god, the truth.

Speaker 2 (01:04:47):
I pause, and I feel them. No, I did not.

Speaker 27 (01:04:52):
Stop.

Speaker 24 (01:04:53):
Now listen, now, listen here, now listen. I'm not going
to have shouting and I'm not going to have talking
over the top of one another.

Speaker 11 (01:04:59):
You, Katie, You've made it well.

Speaker 24 (01:05:02):
I was about to say, Roman, Michael, could you calm
down you and say your peace?

Speaker 2 (01:05:06):
Please belong in Trump's cabinet. You are the Pam Bondie
of the Mic Hosking breakfast.

Speaker 7 (01:05:12):
You are.

Speaker 10 (01:05:13):
That's how it unfolded.

Speaker 2 (01:05:15):
That's the that's the truth.

Speaker 10 (01:05:16):
That's not faking.

Speaker 2 (01:05:17):
You never used Haggard. You used Haggard you introduced the
word haggard.

Speaker 10 (01:05:21):
You had.

Speaker 27 (01:05:24):
Anyway, My second point is I also am the invisible,
silent production assistant of this show. I want the best
for you, and I want the best for the audience,
and I want it to be great. So if I
hear that you accidentally mistakenly said something wrong, I quickly
text you so you can correct on it.

Speaker 10 (01:05:39):
And I just texted you when you muddled up Coachella
with stage coach. When about I just texted you it
was it was stage coach.

Speaker 27 (01:05:46):
And then then I just added just for fun, these
little cash and they're like, I sound like a horrible,
horrible way.

Speaker 2 (01:05:57):
You're not a horrible person as far as dictatorial rage.

Speaker 24 (01:06:01):
She didn't I excuse me, excuse you, She didn't identify
herself as a person.

Speaker 11 (01:06:04):
She identified herself as your wife. Now, could you please
reframe that to what You're not a horrible wife?

Speaker 2 (01:06:16):
That's fair enough. And I know you love me and
all of that sort of stuff. Can I ask you
a quick questions? And just before the break, do you
have any great interest in the mushroom case?

Speaker 11 (01:06:25):
What mushroom case?

Speaker 25 (01:06:26):
Oh?

Speaker 2 (01:06:27):
You sell up my mother on the email? More and
more in a moment thirteen past eight.

Speaker 1 (01:06:31):
The Mic Asking Breakfast Full Show podcast on iHeart Radio
powered by News.

Speaker 2 (01:06:36):
Talks ep U Talks sixteen past eight, The.

Speaker 1 (01:06:40):
Week in Review with two degrees, bringing smart business solutions
to the table.

Speaker 2 (01:06:45):
Susan Vega, Mike's amazing. No slagging you're off over forty
years of great Museum'm not slagging you off. It's just
it's that thing I think about. Geldoff the other day,
came into the studio. Now, I'm not a Boomtown Rats fan, right,
but I enjoy Geldoff and so he's a fun guy.
Vega probably like a music better than Boomto and that's
just not a fun woman. But you don't have to
be a fun woman. It's not all about being fun.
Tim and Katy are with us. So the mushroom You've

(01:07:06):
got an interest in the mushroom case, Katie.

Speaker 10 (01:07:09):
I'm obsessed with it. I want to be there at
the trial. I am like obsessed with it.

Speaker 11 (01:07:14):
Just the poison mushrooms.

Speaker 2 (01:07:16):
Welcome to the party, mushroom Gate, I mean mushroom Gate
trial first of all.

Speaker 10 (01:07:21):
But I want to know who's playing her in the.

Speaker 27 (01:07:23):
Movie, which is definitely already being made. I just cannot
believe it's wasting everybody's time going to trial and money.

Speaker 10 (01:07:30):
But I'm obsessed. If I could be in that gallery, Well,
it would.

Speaker 24 (01:07:33):
Good to watch a Netflix movie Meghan Markle as the poisoner.
That would go, that would go gangbusters.

Speaker 11 (01:07:46):
I reckon anyway.

Speaker 2 (01:07:47):
But given you know what the story and as the accent,
what is it you're going to? What is it you're watching?
Because this is what I don't get about the story.
It's a it's a it's a slamdunk foregone conclusion. They've
already got her on day one and it's got five
days isn't fought five weeks and four days to go?
What is it you're watching?

Speaker 27 (01:08:03):
It's just the theatrics of the denials, the tears, pretending
to have cancer and you don't. It's just like you
can't make the stuff up.

Speaker 10 (01:08:11):
It's so is it hilarious? Slash cringe?

Speaker 2 (01:08:14):
Is it true?

Speaker 10 (01:08:15):
It's train crash material? You can't take your eyes off it?

Speaker 2 (01:08:18):
But is it true that most murderers are thick? Because
it seems that.

Speaker 10 (01:08:24):
You they can get away with that.

Speaker 2 (01:08:26):
Well yeah, but that's what I'm saying. What makes you
think whoever got away with a murder? In terms of
no one had a clue at the end of the day, so.

Speaker 10 (01:08:33):
She had don't ask that question so recently.

Speaker 2 (01:08:36):
No, no, no, no no. What I'm saying is so
she had different colored plates. Even the relatives picked that up.
She googles death cap mushrooms. The police follow her phone
to the area and.

Speaker 10 (01:08:48):
She goes to both the deathcat mushroom.

Speaker 2 (01:08:50):
She invites her estrange husband for some beef Wellington and it's.

Speaker 11 (01:09:00):
A dearrangement if she thinks you don't see the information,
I've got them here.

Speaker 2 (01:09:06):
You know what I mean? I don't know.

Speaker 11 (01:09:07):
Yeah, mind you, I'm not.

Speaker 24 (01:09:10):
No, no, I look by the way, I think I've
come up with a solution for you guys. Now, Mike
is in touch with his mum through email. Why don't
you guys just email each other instead of shouting at
each other.

Speaker 2 (01:09:22):
I did I rang you? How many times I ring
you yesterday when you're in the house. Did I ring
you twine yesterday while you're in the house here?

Speaker 10 (01:09:28):
Yeah?

Speaker 11 (01:09:29):
I think you did.

Speaker 2 (01:09:29):
Yeah, because you don't reply to them my text when
you're also in the house. So I used to text
you while you're in the house, but you never apply
to them. So now I ring you while you're in
the house.

Speaker 10 (01:09:37):
It's true, it works, it's effective. You always get me that.

Speaker 2 (01:09:40):
Way, exactly. But my mother, just to reiterate the story,
what's what's it?

Speaker 1 (01:09:45):
Why didn't you?

Speaker 11 (01:09:45):
Why didn't you call it? What's the email?

Speaker 28 (01:09:47):
Because I had it doesn't answer her phone didn't answer
a fine, So I email just just in that I
better check in, because you know, I've got I've just
been on the here all in the stuff websites, and
there were three hundred and twenty seven weather alerts yesterday,
and trampolines were flying and there was a very rare
red warning.

Speaker 2 (01:10:03):
So I thought, I know, I'm going to email my
mum and I said, how's that emergency going for you?
And she comes back half in our lady and goes,
I don't know what you're talking about. And I see
you've been in an emergency in christ which most of
the afternoon, Selwyn, since the previous night. And she goes, well,
it's been raining heavily, but apart from that, we're still
going walking. So I thought, clearly, it's not quite what

(01:10:23):
it's been made out to be. She'd never make a
box up on the news, would she exactly.

Speaker 10 (01:10:28):
No, No, she's still doing.

Speaker 2 (01:10:30):
And that's what the Auckland based media don't understand about.
Basically the rest of the country down the South Island,
a bit of wind and a bit of rain and
if you get ankle deep in your red bands, it's
hardly the end of the world, you know what I mean.

Speaker 24 (01:10:43):
No, we get we get alerts for things that don't happen.
They get alerts of things that do happen and don't care.

Speaker 2 (01:10:50):
Do you know what Sammy has just been given? Samuel
reintroduce him again. He's our research assistant on the program.
Do you know what Sammy was given?

Speaker 10 (01:10:55):
Your producer?

Speaker 2 (01:10:56):
He's a producer. Well, I thought you were calling yourself Jesus.
You said you were the bridge, so I didn't want.

Speaker 10 (01:11:00):
To behind the scenes production of system that.

Speaker 2 (01:11:05):
Shadows anyway, the Do you know what Sammy just got given?
He got given a jar of honey? Did you get
one to Glen Blin got it? Bling got a jar
of honey and Sammy got Sammy's just Sammy's just running
here with the press release. It's a three page press release.

(01:11:25):
So he wants me to suck up to the producers
at this We just didn't want you to get to
get you can get the honey. The question is, I
asked Jason this, just to make it real simple, there's
some Scotch whiskey, some single molt eight year old you
know about this tim eight year exactly eight year old
single bolt infused into the honey, right talking, That's why

(01:11:50):
you're the producer. That's why you're the producer. Well, everyone
got sent them. So anyway, here's the point I asked,
you can have.

Speaker 11 (01:11:58):
You can have whiskey on your toast in the morning,
whiskey on your chase.

Speaker 27 (01:12:01):
Phenomenal, the whole jar, the little twizzler, it's made.

Speaker 2 (01:12:04):
Of twist don't say twistler. I don't say twizzler. Family listening,
don't say twizzler. You look haggard, but you've got a
great twizzler three hundred plus.

Speaker 11 (01:12:15):
What is it even rude? I didn't even know it's
not rude.

Speaker 15 (01:12:20):
Stop it.

Speaker 11 (01:12:21):
Wash your mouth out with coltar soap.

Speaker 2 (01:12:23):
Three hundred plus mg O minuoka honey, right, I asked
the boss.

Speaker 11 (01:12:28):
I said, now I'm hearing everyone.

Speaker 2 (01:12:30):
Everyone, everyone's got it. All the music DJ's downstairs are again.

Speaker 24 (01:12:35):
What about what about the shadowy the shadowy secret Homebound
executive producer.

Speaker 11 (01:12:41):
Why doesn't she get a jar at the stuff?

Speaker 2 (01:12:43):
Here's the question. She's got a Joe, Everyone's going to
jar him. So anyway, well, I don't have a jar.
You don't have a three hundred plus m g O
Minuka Honey? Right question? I asked Jason this Jason the boss.
I said, Jason, how much is this? Have a sniff?
Tell me how much this is? He goes, oh, fifty bucks,
fifty bucks thereabouts? How much is it?

Speaker 8 (01:12:58):
Katie?

Speaker 10 (01:13:00):
Four hundred and something.

Speaker 1 (01:13:01):
I had to look it up.

Speaker 2 (01:13:03):
For three hundred and seventy three hundred, three hundred seventy
sign So what just the for three hundred and seventy five?
So the question that we leave you with this morning
is when does Honey become crazy as three hundred and
seventy five dollars crazy?

Speaker 10 (01:13:20):
No, Manuka is right up there, Manuka Honey is right
up there. And this is infused. This is a world first.

Speaker 27 (01:13:24):
I have you know because I too read the press
release and this is infused with how old is the whiskey?

Speaker 2 (01:13:30):
It's eight. It's only eight. It's not like it's twenty.

Speaker 11 (01:13:32):
It's only eight.

Speaker 27 (01:13:33):
But it smells incredible. I just don't know what to
do with it. How do you put it on toast?

Speaker 10 (01:13:37):
Or is that sacrilege? What are you supposed to do
with it?

Speaker 2 (01:13:39):
I got to go. It's eight twenty to buy.

Speaker 1 (01:13:43):
The mic Asking Breakfast with a Vita Retirement Communities News
togs Head B.

Speaker 2 (01:13:49):
Is that time of year? Spoil mum. Mum's day surprising
with the gift from the Chemists Warehouse Real House of Fragrances.
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(01:14:10):
nine on the Brewberry Weekend for Women forty nine ninety nine.
He can shop these great Mother's Day fragrance offers too,
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Order online before Sunday the fourth this Sunday and you'll
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It is chemist warehouse. Hosking OMG. I love Katie, Tim

(01:14:36):
Mike's segment. Don't go changing, Mike Friday shows are a
train wreck. How do you let a segment become so unprofessional?

Speaker 11 (01:14:41):
There?

Speaker 2 (01:14:43):
Well, I think we know that then, yeah, exactly. You
can't argue with that, Mike. Does Katie ever win a
domestic with you?

Speaker 8 (01:14:48):
Ah?

Speaker 2 (01:14:49):
Where very much I thought about this week. We're very
much like ammarl and George. We've never fought, literally, never
fought on hand on heart. We've never fought. We have
nothing to fight about. It's all at our place. I
can tell you that. Let's go to the Australian election next.

Speaker 1 (01:15:04):
The only report you need to start your day the
mic Casting Breakfast with a Vita, Retirement Communities, Life your
Way News, tog sead B.

Speaker 2 (01:15:14):
How about the good folks who put together our inflation number.
They left some numbers out. So they discovered after they
put the number out for inflation, that they left some
numbers out from the vehicle relicnsing fee increases and the
fee went up by twenty five dollars, and they forgot
about that, and they forgot to put those numbers in.

(01:15:34):
So when they discovered they left those numbers out, they
put the numbers back in. But instead of putting the
numbers back in and correcting the original number, they put
out they're not going to do that. Who cares about stats,
Let's just make them up. They'll do it next time.
So anyway, should have read two point six instead of
two point five, which, in these fraught times of stagflation

(01:15:57):
or potential stagflation, is important. There's more inflation then officially
we thought, and we know that there's more inflation than
officially we thought. And yet even when we discovered, we
just couldn't be bothered doing anything. Probably someone on a
four day week or working from home twenty two minutes
away from.

Speaker 12 (01:16:11):
Nine international correspondence with ends an eye insurance, peace of
mind for New Zealand business.

Speaker 2 (01:16:17):
Murray, my old mate, how are you Mike here?

Speaker 14 (01:16:20):
Very good morning to very good morning?

Speaker 2 (01:16:21):
On election e have you voted?

Speaker 11 (01:16:24):
No?

Speaker 14 (01:16:25):
Love? I love doing it on the day, Get a
sausage sandwich and you know you sort of hang around
the booths and whatnot.

Speaker 2 (01:16:30):
It's good for yeah, do I want to get poison
from the sausages, because I mean, when you're cooking that
many sausages, of course there'll be a lot of undercooks
as well as overcooks, wasn't there now?

Speaker 14 (01:16:38):
Well, I dare say, but no, I've got a cast
iron stomachs that it never never ever bothers me.

Speaker 11 (01:16:42):
No.

Speaker 2 (01:16:42):
Fair, Cool. You've got three options here. Option one elbow losers,
Option two elbow wins with a minority. Option three elbow
wins with a majority. Your callers, what.

Speaker 14 (01:16:54):
Well, if you listen to the UGOV pole that's the
most recent one, although there was another one this morning.
But you gov, that was just catastrophic news for the coalition.
And bear in mind back in twenty nineteen, Bill Shorten
and Labor were measuring the curtains and the lodge that
was going to be a lay down massa for Labor.

Speaker 11 (01:17:11):
What happens?

Speaker 14 (01:17:12):
Scott Morrison gets up and says, I believe in miracles.
He won that election, and Labor I think probably still
the scars are still pretty raw this time round. You
gov is saying it could be an historic loss for
the coalition, a loss so bad they haven't seen this
since nineteen hundred and forty six, Labour could win up
to eighty four seats in the one hundred and fifty

(01:17:34):
seat Parliament. The Coalition could be down to forty seven.
And what that, of course signals is a ragtag bunch
of crossbenches, Greens, teals Pauline Hanson. Maybe maybe that half
which Clive Palmer is going to get someone in It
just is really just so fluid. But underlining all of
this mic is the fact that the Coalition under Peter

(01:17:55):
Dutton has run the most appalling campaign I think I've
ever said. Poor old Peter Dutton's up there doing his best,
but behind him is the most appallingly lack of talent,
rag tag buddle of half wits you've ever seen in
your life, just useless. You would not send him to
the shop for milk. I'd come back with a loaf
of bloody bread.

Speaker 2 (01:18:16):
We had earlier on Bruce Hawker, who was telling us
something similar because it seems obvious. But what I can't
work out is whether you're not going to get three
years of regret because let's be honest, even though Elbow wins,
and he probably will, Australia's not in love with the
bloke is he.

Speaker 14 (01:18:33):
Well no, I mean, look, he's not the most attractive
politician from Central Casting by any means, but you know
what he has done this election.

Speaker 11 (01:18:39):
Camp.

Speaker 14 (01:18:40):
Here's the thing about Albanezy. Go back three years that
night he won. The first thing he said, Mike, you
and I have discussed this. I'm going to get a
voice to Parliament that represents Indigenous Australians that been here
for sixty five thousand years. They need a more prominent
place in the Australian Constitution. Peter Dutton jumped on that
and absolutely taught that to pieces. Labor lost that comprehensively.

(01:19:05):
And you know what I think happened. Peter Dutton and
the coalition thought, this guy's got nothing. This guy is
a bag of hot air with nothing to offer, and
they sort of just coasted for the next two years
and all of a sudden, elections the elections on them.
Albanezy has looked magnificent in this election. I mean, I
know he's had his teeth fixed, his hair down and
new glasses, but he's come out. He's every shot you

(01:19:27):
see of the guy, he's surrounded by kids or by
other people. All Peter Dutton's doing is filling up, but
he trucks at petrol stations with all these half wits
behind him, not in their heads.

Speaker 2 (01:19:36):
Yeah see, And I know it's all engineer and I
get that. But I was watching him in Perth yesterday
elbow and he was surrounded by kids and the kids
were loving him and all that sort of stuff. And ye,
it just looks good on Telly, doesn't Now, I get
that this mushroom gate case, on a scale of one
to ten, ten, Australia's absolutely gripped one. They couldn't give
a monkey's what's the score?

Speaker 14 (01:19:56):
Well, I tell you it's probably nine and a half.

Speaker 2 (01:19:59):
It's been an extrat read it and we all know it.
You can can you not say that? Given? I mean,
if you say it, here are you allowed to say that?
Hero in a lad say anything?

Speaker 14 (01:20:09):
Well, there could be people listening into the I mean again,
your show goes around the world.

Speaker 2 (01:20:13):
So I'd.

Speaker 10 (01:20:18):
Rather not.

Speaker 14 (01:20:18):
But here we go. I mean, look as she is
Aaron Patterson, fifty years old, charge with three counts of
murder her ex in laws and one of their sisters,
and the husband has given evidence. Simon. He said he
wanted the marriage to continue, notwithstanding his wife's perhaps lack
of expertise in the kitchen anyway, the it's look, it's very,

(01:20:41):
very complicated.

Speaker 23 (01:20:43):
He said.

Speaker 2 (01:20:44):
They had a really she baked a couple of baked
a couple of beef. Wellington's won by a blog's getting
a liver transplant. What I find freaky Murray is yesterday,
yesterday he's in the and she apparently just stared at
him all day, non stop, shaking her head like you're thinking,

(01:21:07):
how freaky would that be? With the X I mean
just like I'm gonna get you. But what about the
text message?

Speaker 14 (01:21:14):
Sorry I feel too uncomfortable coming to lunch with you, mom, Dad,
Heather and Ian No kidding, Simon knows what a cooking's like.
I'm not going near to your buddy place.

Speaker 2 (01:21:25):
He's just once again for all of the people who
want to leave New Zealand and go park in Australia.
I know the m one this morning has been has
been clasped.

Speaker 14 (01:21:36):
There's a truck and trailer right, a truck and trailer
heading south towards Sydney. This is the main motorway. It's
an eight lane motorway and parts heading south into Sydney.
Old mate truck driver. The back doors come open. He's
carrying a load of scrap metal. You've got these tiny
little shards of metal all over the M one Freeway,
bouncing all over the joint. We had one guy in

(01:21:57):
air just a short time ago saying up to two
hundred cars have had their tires shredded. They've all pulled
over on the side of the road. The Fardy is
about to shut. I have to close Australia's busiest highway
because there's metal everywhere. All these people are pulled over.
It's absolute traffic chaos. As we say in the business,
it's a mess and bloody ground the head. For goodness sake,

(01:22:19):
you have a good day tomorrow, mate.

Speaker 2 (01:22:20):
We'll catch up next week. Appreciated. There's always Murray Eld's
the great, the great Murray olds this morning morning, Mike,
how do you expect Liam to go in the f
one this weekend? Only nineteen hours, forty five minutes to go.
Brian More in a moment eight forty four The.

Speaker 1 (01:22:32):
Mic Asking Breakfast Full Show podcast on iHeartRadio, Howard By
News talks.

Speaker 2 (01:22:37):
That'd be God. I love that guy, Murray. Mikey gives
me a good laugh. Year is the best and the
business Murray olds, I love him too. Back to the
text about the families coming to New Zealand, raising New
Zealand as all that sort of stuff, and we have
this over inflated housing market, it's no longer true. That's
that's what I would call an urban myth now. And
the reason I say that is that, I mean, you
go to any major city in any major western country
in the world, the most houses are over a million dollars.

(01:22:59):
Try buying how for undred million dollars in Melbourne, Sydney,
Brisbane or anywhere like that. You count. But America, which
once upon a time they had an average price of
you know whatever, it was too three hundred thousand dollars.
Because it's such a big country and so vast and diverse,
they've now, I was reading yesterday there are over two
hundred cities, two hundred cities in places like Michigan, Missouri,

(01:23:20):
Kansas where you think nobody lives Wyoming, No one lives
in Wyoming. Yet they've got cities now where a starter home,
a typical starter home is over a million dollars. There's
one hundred and thirteen cities. We don't even have one
hundred thirteen cities in all of the New Zealand times ten,
but there's one hundred and thirteen cities in California. We're
a starter home as over a million dollars, so this

(01:23:40):
idea that a million dollars and the average year, by
the way, is nine hundred these days, so the idea
that we're expensive is no longer true in my humble opinion.
Cheese Awards last night. One of my great issues in
life is I don't like cheese, which is a great
shame because I'd love to like cheese. But the New
Zealand Champion of Cheese Awards was handed out, and then
when it was a sheep milk cheddar whitestone, and I

(01:24:01):
got interested this week because there was sort of this
ongoing scrap with the independent producers of cheese in this country.
And this is one of the things I love about
this country is there are people out there making honey
and cheese and gin and whiskey and wine and olives
and all of that sort of stuff in small little batches,
in small little facilities, in small little towns up and

(01:24:21):
down the country. It's what makes this country brilliant. Poukhaki's
Bluebrie best new Cheese, and the debate was comm's commission
look at the supermarket. Did the supermarkets where their home
brands then price these guys out of the market. But
let me come to a number for you in a moment.
The way Coato based Maya Cheese got five trophies, three
for their cheeses. The mars Dam Kadie loves that mars Dam.

(01:24:43):
It's her favorite. The smoked Gooda, the finner Greek, not
a fae with the finner Greek, Barri's Bay, which I
am o fay with just over the hill. You're going
down the hill towards Accaroa, Barry's Bay, Fantastic aged Gooda.
A couple of awards anyway, the awards had and this
gives you the insight into boutique New Zealand. Two hundred

(01:25:04):
and forty locally produced Jesus, that's a lot of cheese
for a tiny week country. And every one of those
cheeses will be made by people who love what they're doing,
who are living their dream, who set up their small business.
Some will be making money, some won't be, but they'll
all be loving it every day. Eighteen of the twenty
four trophies was awarded to independent producers. That's what gives
me hope. Yes, the big boys can go and slap

(01:25:25):
a label on something, but generally speaking it's crap, and
because it's crap, they price it cheaply. Your individually produced boutique.
I'd pay more any day, all day, every day.

Speaker 22 (01:25:35):
It's funny that with cheese, isn't it, Because it is
one of those things that you go, oh, I haven't
tried that one before, and then you tell you you'll
grab a wedge of that.

Speaker 2 (01:25:44):
There's choice galore, and if you have to pay a
little bit extra, you'll generally get what you pay for,
and you'll find good value for money, and you will
be supporting a small business in the New Zealand economy.
And who can ask for more than that? Nine away
from nine.

Speaker 1 (01:25:58):
Them my costing bread with the range Rover Villa news
Talk Dad.

Speaker 2 (01:26:03):
Bees he's given away from a year. Liam needs to
saw some points this weekend. I don't know enough about
the car park they're running around at the back of
the Miami Dolphins stadium that they call a track, but
whether it's any good for racing balls or whether they
backed themselves or not on it. But given hatches scored
some points and Liam hasn't so far, the pressure will
be on him to perform and not. Also in the week,
I read an article about Sonoda there's pressure on him.

(01:26:25):
I have no idea why. I mean, there's aways pressure
on them, obviously, but I've no idea why there's any
specific pressure on him, because I mean, apart from the
fact he crashed, he's within a couple of tenths, two
or three tenths of Verstappen, and that's all you can
ask for. It's all anyone ever asked for. So I
don't know why he's under so much pressure, but nevertheless,
be that as it may. I also read with a
great deal of interest this morning actually that Perez is
close to signing with Cadillac. So when they turn out

(01:26:48):
to be the eleventh team in F one as of
next year, he may well be back in the field,
which will be interesting. But my point being on Liam,
he needs to get He needs to look in the
points department. He needs to look like he could be
in top ten. He's sort of gone that step to
disastrous start, settled into the racing balls, looks reasonably comfortable,
did okay last time. Now needs to move to Miami

(01:27:09):
and actually get nine or ten, get a couple of points,
and you know then, because what's going to happen if
he doesn't do well. Everyone's going to go, Oh, you
had time to go to stage coach, didn't you. I
saw you there at Coachella and your jeans and your
cowboy boots. How come you weren't driving the car and
practicingly it's that sort of thing. So okay, Donna, Yeah,
so we want him to do well. Five minutes away

(01:27:31):
from nine.

Speaker 1 (01:27:32):
Trending now with Kim as Well book in your flu vaccination.

Speaker 2 (01:27:37):
Today now to give you an insight as they celebrate
one hundred and one days. Just how on on point
the Trump team are? What sort of well oiled machine
this lot are? If you haven't been convinced by the
by the love and that is the average cabinet meeting.

Speaker 1 (01:27:50):
I just love you, johniel GK two hundred and fifty
million lives.

Speaker 2 (01:27:57):
Anyway, they got Tammy Bruce up there this morning. Who's
the spoke person for the Department of State. She's holding
a press conference about Walt Springs sect. What she didn't know? What?
Well listen has come out.

Speaker 13 (01:28:07):
From the President.

Speaker 5 (01:28:08):
All right, great, terrific.

Speaker 13 (01:28:10):
The President has just written on truth Social that Mike
Waltz is going to become the new US Ambassador to
the United Nations.

Speaker 1 (01:28:17):
Well there you fabulous.

Speaker 13 (01:28:20):
And in addition to that, he says that in the
interim Secretary of State Marco Rubio will serve as National
Security Advisor while continuing his strong leadership at the State Department.
Do you know how long he's going to be serving
in both ros?

Speaker 10 (01:28:35):
It is clear that I just heard this from you.

Speaker 1 (01:28:39):
I had this is the magic.

Speaker 5 (01:28:43):
I have some insights as to the potential of certain
things that might happen.

Speaker 2 (01:28:50):
Doesn't is People said to me, what do you like
bas about your job?

Speaker 22 (01:28:53):
And I said, well, you know, I never really know
what's going.

Speaker 2 (01:28:55):
To happen exactly. And I guess it's the same for her.
And there's the magic. There is no magic. So yesf
one over the weekend, you've got the election tomorrow night.
For people like megare into that. You've got the warriors.
So five out of seven very confidently talk about six
out of eight, so currently second on the table. And
so I think that you know this is this is rolling,

(01:29:15):
So six out. When was the last time there's your
there's your stat hunt for the weekend. When was the
last time we were six from eight research emergency e s.
It's dangerous. I've probably been to never. So that's that
that that would be good. So we'll spreak that up
on Monday when it happens. Anyway, you have a good weekend,
no matter what you're doing, and we'll look forward to

(01:29:36):
your company from six as always, Happy.

Speaker 1 (01:29:38):
Days happening to its urban lay for more from the
mic asking breakfast listen line to news talks. It'd be

(01:30:01):
from six am weekdays, or follow the podcast on iHeartRadio.

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