Full Show Podcast: 03 April 2025

On the Mike Hosking Breakfast Full Show Podcast for Thursday 3rd of April, the final report into a $627 million mental health programme has been released. Has it hit its targets? 

Private school enrolments are booming – is the disparagement of our public school system to blame? 

Kiwi caddie Steve Williams has a new book about his 12 years on the bag for Tiger Woods, so we need to talk to him about his success and regrets. 

Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. 

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Episode Transcript

Speaker 1 (00:00):
In New Zealand's home for trusted News and Views. The
Mic Hosking break Bend with the range Rover, the la
designed to intrigue, can use togs.

Speaker 2 (00:09):
Head, be Billy and welcome today. A bit of housing
intel one new rules to make it easier and cheaper
to build than to a new build that was easier
and cheaper. It might be a social housing arts also
seems we can't get enough of private schools. A Liberation Day.
What it means for global trade? Steve Williams and R
to April bit a gold talk at Joe mckennon's and
Rome Rod Liddle does.

Speaker 3 (00:27):
Great Britain for us as well, Pass into.

Speaker 2 (00:29):
A seven, pass seven past six in an odd way.
I think it's good that Donald Trump is serious when
he talks about a third term, not because we want
a third term or the fact that he will get one,
but because if he believes that, he then believes he
has to go back to the American people and ask
for their vote. And if he does that, he has
to also believe that his view on tariffs will have
paid off and half the world will have relocated to

(00:50):
America to make everything America needs, and that the cost
of doing that has meant that it's become cheaper in
the golden age that he's talked of has come to pass.
Now none of that is going to happen because, for
reasons that elude me, he doesn't understand tariff today being
Liberation Day. Who the hell knows how it unfolds and
what the numbers are and who's in and who's out
and exempted, or whether the numbers stay where they are
or get changed or get changed again and again and again.

(01:12):
But what I do know is tariffs are a false economy.
Be as kind to him as you like, but I
can understand it. For example, your American product faces issues
getting into say Europe, and they impose, say, twenty five
percent on your cars. Japan do, Rice, India does very
lots of people have lots of reasons to protect local industries.
So if you accept that, you then place a similar
tariff on products coming into your country. It's poor business,

(01:35):
but it is tit for tat. A lot of it
goes on. What, though, I can't explain, is how he
expects America to be able to make anything and everything
locally and at a price everyone can afford. Cheap cars
aren't made in America because unions price the labor higher
than Asia. It's the reason Australia no longer makes cars.
So if you can't produce products that a price people
can afford, they go without. An American voter is not

(01:57):
going without a car. His belief that it tariff is
paid by the company and the price has nothing to
do with it. It's simply a lie and will be
exposed when the price goes up and the consumer pays it.
And when the consumer pays it, that adds to inflation,
which is any number of poles and surveys already shows
is expected to rise. Growth slows, prices rise, inflation rises,
growth slows. What makes us mad is it isn't new.

(02:20):
He's not inventing this and trying to scam us. This
is age old economics, largely discredited by the arrival of
free trade. A lot of the stuff he wants to achieve,
you can at least get your head around.

Speaker 3 (02:29):
Now.

Speaker 2 (02:29):
You may not like it politically, but it has a
logic to it. Tariffs in the Trump style application makes
literally no sense. And even if he could have a
third term, he wouldn't get it because he would lose
because of this sort of madness.

Speaker 4 (02:44):
News of the.

Speaker 2 (02:45):
World in ninety Celiberation did it's the Rose Garden. You
can't argue he doesn't know how to sell this thing.
I mean he's hyped it anyway. The car industry, as
I mentioned, is going to be hard hit and there
what they're thrilled.

Speaker 5 (02:54):
We'll have to see some rebalancing, certainly in the auto industry.
But although this will have a short term impact, it
has a very beneficial long term impact.

Speaker 2 (03:05):
Thinking is it's twenty percent on everything for everyone, which
would include Britain who are pretending in snow Biggie.

Speaker 6 (03:10):
We're working with all industries and sectors likely to be impacted.
We're guided by our national interest at all times, and
that's why we've said we won't raw anything out. But
it is important at the moment like this that we
don't have knee jerk reactions.

Speaker 2 (03:25):
Now the endless can't see any way this is good.

Speaker 7 (03:28):
The very fact you're going to have potential trade halls
between Europe and the US, and the fact that's so
much trade in the UK is tied into the Europe
as well, will end up hurting the UK as well.

Speaker 2 (03:38):
Exactly. Then you got the block of Maryland who was
rounded up and sent to l Selvador. And perhaps he
shouldn't have been. The dims making hay this guy who.

Speaker 8 (03:45):
Lives in my state, married to a US citizen with
citizen children.

Speaker 2 (03:51):
He's stuck with the dictator of our Salvador. But then
old Gingrich, you're a Republican of old and releasing a problem.

Speaker 9 (03:58):
And the Democrats are more passionate about an MS thirteen
gang member than they were about any of the Americans
who've been killed or raped by illegal immigrants.

Speaker 2 (04:08):
Then back in Britain are yet another weirdo doing odd things.
This time it's a funeral director sixty four charges involving
dodgy dealings.

Speaker 10 (04:14):
I can now confirm that Robert Bush has this morning
been charged with a combined turtal of sixty four offenses
in connection to our investigation. These charges incorporate a total
of two hundred and fifty four individual victims.

Speaker 2 (04:30):
Finally, the BRIT's are being told not to mow the
lawns between April and September. This is the butterfly monitoring scheme.
It says last year was the second worst recorded in
history in terms of butterfly decline, so they want more
natural habitats for the fifty nine species of local butterfly
in the country. Small issue. Most councils require you to
actually mullul all because it's a fire hazard if you
can believe it Britain and a fire hazard it requires

(04:52):
heat and dryness. Anyway, if you don't, you get fined
or charged for somebody to come along in March. So
the butterfly people are pushing it a bit uphill. I
know it interestingly this morning that Londoners have been worn
not to have barbecues this weekend because they could cause
wildfires as the temperatures are set to reach twenty two degrees.
Use the World of ninety. They also note that's our
elbows and list of Greg Norman for a last minute

(05:14):
plea on the exemptions. By the way, Elin, if you've
missed the news he's leaving Doge. So goes the rumor,
and on that rumor, the Tesla stock has gone up.
Our questions remain over which countries will respond and how
what the impact on inflation and interest rates will be.
In other words, market watches this morning. The analysts have
got no idea how today is going to unfold. And

(05:35):
more importantly, they say there will be no great detail either,
So if you're expecting great detail, you'll be disappointed. Twelve
pass six.

Speaker 1 (05:43):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, how
off By News Talks.

Speaker 2 (05:49):
Evy hold the phone. A leak from the White House
is suggesting it will be announced ten, fifteen and twenty
percent tariffs, different cat agrees, different tariffs, different countries, different
deals will keep you post at fifteen past six now
from JM. Well Padre callahergurd morning, Good morning Mic. We'll

(06:10):
talk about all that in the moment. But building consents here,
we still have building as much as we used to
are with some of these I look at Wellington. That's
down significantly, isn't it.

Speaker 11 (06:18):
It is.

Speaker 12 (06:18):
Let's have a quick romp through the local building consent Arctic,
because my one thing I have learned in over four
decades of doing this, MIC, is that through all these
big events, you know, all the liberation days that we've
been through, you know, the world keeps turning.

Speaker 3 (06:32):
Mic.

Speaker 12 (06:32):
We all keep living our day to day lives. The
economy has to keep operating. We always make these day
to day decisions, and it really does highlight the role
of certainty and confidence, But look, building consents. February numbers
are thirty three five hundred and ninety five homes were
consented in the twelve months to the end of February
twenty five. That is seven point four percent lower than

(06:53):
the year of February twenty four. Now, we've talked before
about sort of seeing a plateau in these building consents,
and that's still the case. There's the vaguest notion that
the trend is sort of slightly downhill, but there's certainly
no signs of a pickup yet. And that thirty three
and a half thousand consensus similar numbers to what we
saw in early twenty nineteen, so we're sort of running

(07:15):
at the same level we were six years ago. One
big theme that you cannot ignore at all, MIC is
the breakdown between standalone homes and multi unit homes. Standalone
homes in the twelve months, just under sixteen thousand homes
consented standalone. That's the lowest level we've seen in almost
twelve years. Because back in twenty twenty two we started

(07:36):
consenting more multi unit homes than standalone homes. It's still
the case. So that's sort of changing the way we
live really and it will change the way we live
over time. Now, those seasonally just to numbers, they've been
holding pretty steady when we look at it on a
monthly basis, so you're looking around twenty eight hundred on
a monthly basis. What is stark, though, Mike, is what
you've just pointed out, this regional variation. So if for

(07:57):
a look at those twelve month numbers, Auckland down nine
point seven percent, the mighty Waikato down fifteen percent, Wellington
down twenty one percent. You go across the Cook straight though,
christ Church down zero point six percent, which i'd call
that flat, the rest of the South Island up ten percent.

Speaker 2 (08:15):
Boom time.

Speaker 12 (08:16):
Yeah, two speed economy, Mike, it's two speed economy. And
if you look at it on a population adjusted basis,
see the same thing number of contents per one thousand
residents nationally six point three homes per one thousand residents,
But in Wellington that number is three point three, and
that number is over ten in parts of the South Island.
So yeah, it's this sort of two speed economy. But
building consents in a sort of a holding pattern is

(08:38):
what I would call.

Speaker 2 (08:39):
All right, So what do you make of ten fifteen twenty,
depending on who you are.

Speaker 12 (08:42):
God, so many years, so many questions make Look, we
just don't know, and I wouldn't make the I would say, Look,
even the most hardcore Trump supporter would have to admit
the delivery policy is just a tad erratic.

Speaker 3 (08:54):
Isn't it.

Speaker 13 (08:54):
So?

Speaker 12 (08:54):
Yeah, the rumor yesterday was twenty percent on everything from everywhere.
Then let the negotiations begin. But as you say, it
sounds like it might be slightly different. Here's a whole
bunch of questions, Mike, Okay, a whole bunch of questions
that well, I don't know if we get the answer to.
But firstly, who retaliates and by how much? So the
estent and degree of a trade war? The other question, Mike,
do countries get together? Do they start? Do we have

(09:16):
different trade allness that come out of this? How much
input export substitution do we see? But what's really key,
Mic is how long does it last? You know, does
the phone start ring in the White House where people saying, well,
let's see what we can do. Have the markets already
priced in the introduction of tarifs? Mic, I see overnight
markets are actually higher coming into this. To what degree

(09:37):
does this uncertainty way on people's decision making? You know,
who are the relative winners and losers? And very much
from our point of view, what is hit and what
effect does it have? I mean, if all inputs to
Hamburger patties go up, is there any you know?

Speaker 3 (09:51):
So this?

Speaker 12 (09:51):
Is there no impact on the volumes of meat that
we sell? And does New Zealand's seven your blanc lose
favor because it costs more? We just don't know yet.
Here's some potential outcomes, Mike.

Speaker 3 (10:02):
Slower US growth, slower global growth?

Speaker 12 (10:04):
Does this push the US into recession? Do they get
higher inflation?

Speaker 3 (10:08):
How much?

Speaker 12 (10:09):
For how long do we see stagflation? Do interest rates?
Does the FED defer interest rate cuts because of the inflation?
Do longer rates actually go down because of the lower growth?
Does Trump get the revenue he needs for tax gus?
This is just this what I'm highlighting here, Mike, is
the uncertainty that we've got to deal with the mate.
We just don't know effectively, We're not sure. I'm not

(10:30):
sure how many answers we get today either.

Speaker 2 (10:32):
Mote, No, I don't think so either. What are the numbers?

Speaker 14 (10:35):
So?

Speaker 12 (10:35):
As I said, the US market is actually in positive territory.
The Dow Jones is up point eight percent three and
thirty eight points, sitting at forty two three hundred and
twenty seven. The S and P five hundred is uper
point nine percent five six eighty four, and then astak
on a bit of a tear because Tesla is up.
It's at one point four percent two hundred and forty
three points seventeen, six hundred and ninety two. Overnight, the

(10:57):
foots one hundred lost point three eight six oh wait,
the nikket gained point bud point two eight actually thirty
five thousand, seven hundred and twenty five. Shanghai compost three
three five oh that was up two. Ostellation markets were
relatively unchanged seven nine to three four, up point one
of a percent for the A six two hundred and
up very small on the insects fifty twelve thy three

(11:18):
hundred and twenty kim wei dollars a bit stronger, you
are still a little bit weaker point five seven three
four point nine one oh four against the Aussie point
five to eight three against the Euro point four four
to two one pounds eighty six point one oh. Japanese
en gold unsurprisingly has gone up three thousand, one hundred
and twenty nine dollars. Prink crud seventy four dollars and
eighty three cents. Bring on nine o'clock, Mike.

Speaker 2 (11:39):
Good on your catch up tomorrow. Andrew CALLAHERJMI Well dot co,
dot m z fasking. Here's this morning. Nintendo switched to
out June five, five hundred bucks in America. It's bigger,
it's faster, it's a hit, sold one hundred and fifty
million units. Came out in twenty seventeen. Anyway, what do
you get? Seven point nine inch screen that's bigger, one
thousand eighty p resolution, can display game player one hundred

(12:00):
twenty frames a second. This is good. Apparently joy CON's
now attached to the console screen with magnets. You can
work as a mouse as well when it's used on
a table. It's got two andre and fifty gigs of
internal storage. They're going to release Mario cart World's Street
Fighter six. Got some new hardware. Looks like it's Predecessor've
got a sea button brings up a new Nintendo app
for chatting with friends called game Chat. God of Liberation

(12:22):
Day wasn't exciting enough. How about that June five, six
twenty two, News Talks He'd.

Speaker 1 (12:28):
Be good the Vic Hosking Breakfast Full Show podcast on
iHeartRadio powered by News Talks at.

Speaker 2 (12:36):
B speaking of America, A good day, bad day yesterday,
two wins in Florida, but a massive loss in Wisconsin
for Trump. More on that shortly six twenty five.

Speaker 1 (12:46):
Trending now with Chemist ware House, the home of big
brand fightalments.

Speaker 2 (12:51):
But before they need to wrap the Cory Book of records.
So as we finished the show yesterday, he was still
going twenty one hours and looking strong. Remember the rules,
no food, no toilet breaks previous record job at twenty
four by strom thurmon Booker crashed through twenty five to
end at twenty five and four minutes.

Speaker 1 (13:05):
With the center yield for a question, Chuck Schumer is.

Speaker 2 (13:08):
The only time in my life I can tell you no.

Speaker 3 (13:12):
I just want to tell you a question. Do you
know you have just broken the record? Do you know
how proud this caucus is of you? Do you know
how proud America is of you?

Speaker 13 (13:26):
I'm Chuck Schumer, I have I have yielded for a question,
and you asked me, did I know?

Speaker 3 (13:30):
I know?

Speaker 2 (13:30):
Now? But there was more interviews with explanations.

Speaker 13 (13:37):
I talked to a lot of people. I copied some
of the things we did for fifteen hours, so I
fasted for days into it. I stopped drinking water a
long time ago. I think that had good and bad benefits.
I definitely started cramping up from lack of water. So
if some of you saw me really drink nothing, Dan,
I was just trying to do something to stop my
muscles from cramping. So there's just a lot of tactics
I was using to try to make sure that I

(13:59):
could stand for that.

Speaker 2 (14:00):
See it is tactics because Thurman, they wrote a book
about him because he's famous Old Strom Thurm. And this
was back in fifty seven. As doctor called it a
urological mystery. He'd prepared by sitting in steam rooms for
hours beforehand to dehydrate his bodies. There was a rumor
that he was fitted with a catheter, but no one
could prove that. Cruise and I forgot to mention this.

(14:21):
Yesterday Ted Cruz did the same thing, and I think
it was twenty thirteen. He gave advice to Bookie. He said,
we're comfortable shoes and don't drink water normally. Men urinate
seven to eight times a day, so they called it
a urological mystery. Just before I lead America, there's so
much going on. Eric Adams, who's the mirror of New
York and as crooked as they come, was going to
get stitched up and caught for all of this. But
Trump did a deal, and the deal involved the immigration

(14:44):
business of Trump, and he said, look, let's get him
out of there. So what judge overnight has dismissed all
the charges against Eric so he can carry on working
with Trump. That's how America's working at the moment. I'm
afraid news for you in a couple of moments. Then
we'll get into the business of building in this.

Speaker 1 (14:59):
Country, setting the agenda and talking the big issues, the
mic costing, breakfast with Bailey's real estate, your local experts
across residential, commercial, and rural news talks.

Speaker 2 (15:10):
Dad be just quickly if you missed it. Yesterday afternoon,
So the two Floridians, the Republican Floridians won and the
talking point was they didn't win buy as much as
they should have. It's thirty points in both of these
districts yesterday. They should have won by thirty. They're won
by nothing close. Now the counter argument is they go, oh, well,
you know, by elections as we would have them in
this country. They're always a bit dodgy. Anyway, they got home,

(15:31):
So two Republican wins there. The real boilover was with
Wisconsin in the Supreme Court Susan Crawford one fifty five
to forty five. So it wasn't even close. Now that
maintains or keeps intact the liberal dominance of that Supreme Court,
so it's four to three liberal. Trump supported the other guy,
and as you know, Elon threw millions at it to

(15:52):
zero effects. So that is a major loss for them.
Twenty three minutes away from seven gather, but we moved
the Liberation Day in the garden at nine this morning
our time. EU is going to be hit. What does
the EU do? The question once they announce what they
are going to announce, what does the EU do, What
does the world do? How do they retaliate? Joe McKenna
and little very shortly meantime back here more details around

(16:13):
chunky builders and the government's new self certification proposal, So
the Licensed Building Practitioners Board will get greater powers to
take action whole idea basically make it easier and cheaper
to build master builders. Boss and kit chamers with this
morning to you ding make broadly speaking, we head in
the right direction. Absolutely, What sort of mess are we

(16:34):
trying to clean up? Or is there not that big
a mess? In other words, there aren't that many shonky
builders about the place.

Speaker 15 (16:42):
I think the mess is as soon as you have
poor practice and something goes wrong, and this is a
small pocket of what happens around our industry, then pack
it creates it's quite significant and not only it will
impact hormon as, it also impacts on industry reputation. And
the challenge we have had is the current disciplinary system

(17:04):
has some real limitations and it's very slow. It lacks transparency.
Many consumers don't even know about it that we have
a disciplinary process, so it actually doesn't provide enough deturn
And all this is trying to do is to improve
the system to a level where there's we can not
only address there's small instances of bad performance, but provide

(17:26):
more transparency to homeowners so they can make good decisions.

Speaker 2 (17:31):
The Code of Ethics. There's four key things the Minister's announced.
One of them is Code of Ethics for building practitioners.
Do we need a code of ethics and does it
say anything substantive enough for me as a punter to
be confident.

Speaker 15 (17:43):
Well, that's a very good point, so I'll ang say
it two ways. We definitely need a code of ethics,
so you need a standard which is very clear so
everybody knows how to operate within that standard. And think
the second point here raising mic is probably quite an
important point that there's a lot of lack of information
and knowledge. It's good to have a core of ethic,
but it doesn't help if ultimately consumers don't even know

(18:06):
that process exists. So in my view, many people don't
even know what a LBP is and that there's a
disciplinary process. So as much as we need a good system,
and you know, we need a good disciplinary process, we
also need to make sure there's good information and education
and knowledge around it. And this is where I think,
along with all these stuff which the government is announcing,

(18:30):
which is very good, I believe as an industry we
need to take some responsibility too and create some systems
and information which it's easier for homeowners to find out
that all this information exists, so when they are making
decisions around picking up a bill that are starting a
new project. They're actually making informed decisions.

Speaker 2 (18:48):
Good stuff and you appreciate it and glad we're here,
going on the right track in Kid Sharma Master build
a CEO. By the way, Rich Nisch is joining us
later on a couple of things on housing this morning.
One from Flitches that I discovered yesterday I thought was interesting.
The others Rich Night. He's an architect. He's just completing
as we speak, a house that I think will surprise you.
In wrote a ru that could be, at least in part,

(19:09):
an answer to our housing problem. He's with us just
before eight nineteen to two the.

Speaker 1 (19:13):
Mic Hosking Breakfast Full Show podcast on iHeartRadio powered by
News Talks.

Speaker 2 (19:18):
EP Now the countdown is on Night of Champions almost
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(19:39):
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(19:59):
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Get your bet on r eighteen and bet responsibly. Posky,
you're saying, Mike, the Dems didn't spend anything, of course
I'm not. What I'm saying is that Trump and Musk
Musk in particular placed a tremendous amount of weight and
money and their reputation on being able to win the

(20:19):
race and they failed. Mike. How can the Maori Party
and their so called inquiry over the breach of Parliament's
conduct rules ever conceivably be referred to as an independent
inquiry when it's their own conductors the chorus, You're done,
you falling for the trap you're giving them the time
of day. The trick here is to ignore them. To
paraphrase Logan Roy, they are not serious people.

Speaker 1 (20:40):
Six forty five International Correspondence with Ends and Eye Insurance,
Peace of Mind for New Zealand Business.

Speaker 2 (20:47):
Literaly Joe McKenna, How are you great?

Speaker 16 (20:50):
How are you mate?

Speaker 2 (20:50):
I'm very well. Indeed, now with Liberation Day and Trump
and the Rose Garden very shortly, is Italy seeing this
as an Italian thing? In other words, are you being
lined up for some some tariffs of some description or
are you part of the EU and this is all
under that basket.

Speaker 17 (21:05):
Well it's a bit of both really, but I think
people here are really bracing themselves. The Prime Minister, Georgia
Maloney says that the EU needs to look at appropriate responses.
Today she was with the top business lobby Confindustria. They're
revising downwards their outlook for Italy. Their GDP looks pretty
grim in terms of twenty twenty five, and I think

(21:28):
that's going to get a lot worse if these tariffs
come in.

Speaker 2 (21:31):
What sort of things would you be hit with? What
do you send a lot of to America?

Speaker 17 (21:36):
Well, the total is worth about thirty nine billion euros
to the According to the twenty twenty four figures, that
would affect things like food and drink exports, wines, agriculture, cheese, parmesan, cheese,
things like that, as well as machinery and pharmaceuticals.

Speaker 2 (21:54):
See here's the problem. This is why Trump's so insane.
What's he want to do? Does he want to grow
his own So if you grow olives in America, there
are no terrorists but Italian olives. I mean, you can't
do anything about that, can you. You can't. You can't
make parmesan in America because it's not parmesan. So you're
going to get peinged. America is going to get pened.

(22:14):
It all seems mental.

Speaker 17 (22:16):
Yeah, just driving everything upwards. But certainly people are very
nervous here. I was just done on the Amalfi Coast.
Lots of Americans down there in terms of tourism right now,
and the hospitality industries worry that if we go into
a recession, they're going to lose all those American visitors.

Speaker 2 (22:32):
Yeah, exactly. And where does Maloney say? This was my
other question, because she's aligned, if you like, ideologically to
a degree with Trump. Anyway, does she retaliate or do
the EU retaliate or does she do it to way?
How does that unfold?

Speaker 16 (22:44):
Well, she's talking about appropriate responses.

Speaker 17 (22:46):
I think Italy will try and merge with the EU
so that she can somehow straddle her friendship with Trump
and her relationship with the EU rather than going hard
and suggests that Italy is going to go it alone.
I don't think we're going to see that happening. I
think we're going to see something uniform across the EU.

Speaker 16 (23:05):
But then we'll have to wait and see on that.

Speaker 2 (23:07):
I think, yeah, yes, So if this goes pear shaped
globally and then JD turns up. So JD's done Greenland,
now he's doing Italy. How's that going to go down?

Speaker 16 (23:16):
Yeah?

Speaker 17 (23:16):
I mean jdvance in Italy. He's planning to come around Easter,
around April eighteen to the twentieth of April. According to sources,
he's reached out to the Maloney's office to set up
a meeting. There's even talk that he might meet the Pope.
I didn't realize until today he's actually a Catholic.

Speaker 16 (23:35):
Did you know he'd been baptized?

Speaker 17 (23:36):
Yeah, so he's quite keen to meet the Pope if
he is indeed up to it by.

Speaker 2 (23:40):
Then okay, so that's interesting. But then we've got the Teasley.
How are you Tisler's on fire at your place?

Speaker 16 (23:46):
That's right.

Speaker 17 (23:47):
Seventeen Tesla cars were destroyed in a fire in Rome.
Elon must called it an act of terrorism, and interestingly,
Italy's Interior Ministry has urged police across the country to
increase security at Tesla dealerships because.

Speaker 16 (24:02):
They may be targeted by extremists.

Speaker 2 (24:05):
How many of those electric charges do you have in
downtown Rome? For an ev? I know the pope hopped it?

Speaker 13 (24:09):
Is it?

Speaker 2 (24:10):
What's the five point of what?

Speaker 11 (24:12):
You know?

Speaker 2 (24:12):
The little five phone chinkento?

Speaker 3 (24:13):
Yeah?

Speaker 2 (24:13):
Yeah, yeah, so that was electric? Where where do you
plug those in?

Speaker 16 (24:17):
I don't see too many outlets around Rome?

Speaker 2 (24:20):
No, no, exactly. That's that's the thing. I've said. You'll
take it home together, and most people in Rome don't
have a garage either, do they.

Speaker 16 (24:26):
That's right, you'd have to put it out on the
street somewhere.

Speaker 2 (24:28):
So then you put it out on the street, and
then I don't get how was the pope by the way,
I haven't.

Speaker 17 (24:34):
Heard too much apart from the fact that he's stable.
His blood levels are normal. He's made some improvement with
his lungs. So we'll wait and see what happens over Easter.

Speaker 2 (24:44):
I think good luck to him. See you next us
trick at it. So Joe McKinnon's in Rome. She mentions
the tourism, which is really interesting. So the Canadians have
got this. A lot of Canadians are boycotting America at
the moment. Huge number of Canadians are going I'm not
going on holiday to America. The the disparate nature of
the tourism industry. No one from America goes to Canada
on holiday in general, but hundreds of thousands, of not

(25:08):
millions of Canadians go to America. And so that's potentially
going to be a talking point just before I leave Europe,
because there's so much interest in going on there. Finland,
I've announced overnight they're going to quit that global convention
banning anti personnel land mines and they're going to boost
defense bending to at least three percent of GDP by
twenty twenty nine. This is because of Russia, of course,
I told you the other day. Poland, Estonia, Latvia, Lithuania

(25:28):
last month said there withdrawing this is the Ottawa Convention
of nineteen ninety seven. So the whole world order is
being tipped on its head, all the stuff we signed
all those years ago in a show of good grace
and hope. Ie, you don't have a lot of land
mines around the place so that people run in and
blow themselves up. All that's gone. All that's gone. I

(25:48):
also note with a great deal of interest, and I
thought Catherine on the program on Tuesday told us that
the lapen business of running for president couldn't be appealed.
And yet I read overnight that the Court of Appeal
now says it could hear the case by mid twenty six,
mid next year. Now that was the case, and that
went well, there'd be enough time to enter the race

(26:08):
should she be cleared. Three appeals have been filed so far.
But the questioner Aubahn of Hungary said Jessui marnin the
Kremlin said the verdict was a violation of democratic norms,
and Trump said it was a quote unquote a very
big deal. So watch this one play out, because even
if she is banned, if you think her supporters are
going to let that lie, you've got another thing coming.

(26:31):
So the world at the moment. To say it's topsy
turvy is to understate it dramatically. Nine minutes away from
sept the.

Speaker 1 (26:38):
Mike Hosking breakfast with the Range Rover Villain News togs
Head been.

Speaker 2 (26:42):
Barney of Barrony SpaceX is pleading with the White House
at the moment for terriff exemptions. They got a bunch
of stuff in their rockets and starlinks that are made
in China. But of course I'll just relocate to America
and make everything really cheap, so it'll work out well.
By the way, you'll notice the ceasefire is not going
well in the war's ended yet while we're focusing on
Liberation Day, I didn't see a very interesting interview with

(27:05):
about Putin and where the war's going to go really bad.
So he's on at the moment a massive call up,
the biggest military call up in years. He's after one
hundred and sixty thousand men between eighteen and thirty. And
this bloke who was in Kiev at an American university
was arguing what happened with the war, and he was right.
Is the initial casualties from the Russian point of view
with the Wagner people so they are all mercenaries. No

(27:26):
and know in Russia care that they died. Then he
got all the prisoners out and he gave h mcgunn
and told to go fight. They all got shot, so
no one cared that they died either, because they were
all crooks. Now, the problem that Putin's facing at one
hundred and sixty thousand is their sons, their sons, and
they live at home with mum, and suddenly they're going
off to war and they're going to get shot dead.

(27:46):
And that's where it's going to get really ugly for
a Putin. So watch the space five minutes away from seven.

Speaker 1 (27:52):
For the inns and the outs. It's the Bears with
business favor take your business productivity to the next level.

Speaker 2 (27:59):
And then we come to the update on what I
was alluding to yesterday. This Newsmax thing. It's just absolutely fascinating.
So Newsmax's very minor player in the US cable system.
It's the right of Fox. It's a favorite of Trump.
Started in twenty fourteen. Trump gave it the big Tech
in twenty twenty. That was when he wasn't happy with
Fox because they didn't keep saying to everybody that the
election was stolen, so he got moose with them and

(28:19):
went to Newsmax. Officially, they've got the fourth largest audience
in cable, So that's two hundred and eleven thousand daytime viewers,
three hundred and nine thousand primers. I told you yesterday
this show has more listeners in New Zealand than they
have in primetime, and significantly so, and it puts them
behind Fox, MSNBC, and CNN. They've never turned a profit.

(28:40):
Last year net loss grew seventy one percent on the
previous year to be about seventy two million US. But
this past Monday they do debut on The New York's
Dockeys Change. They were priced at ten dollars a pop
end up trading yesterday it was two hundred and thirty three,
So ten dollars to two hundred and thirty three that's
a two thousand, two hundred percent increase in value in
about three days. Gives them a market cap now thirty billion.

(29:03):
So they don't make any money, no one's watching them,
but they're worth thirty billion dollars. That's more than what
Fox is worth, Fox Corp. Is worth, and Warner Brothers
and Paramount globally so most people, of course see this
for what it is. It's game stop two point zero,
and they're in it for the short term. They'll stag

(29:23):
it aloft and someone will make some money and other
people won't and nothing will really change. And once again
we have a lesson about fools and their money. Now
a little report into the mental health system. Remember the
one point nine billion Grant Robertson welfare budget one point
nine billion for mental health, and it was going to
solve all the problems. I don't know how surprised you'll
be to learn this morning it hasn't really solved all

(29:45):
the problems anyway. So we've got a report out on that.
We'll look at Liberation Day and what it actually means
and could it affect us and how so. Steve Williams
on the Goal he after rate as well.

Speaker 1 (29:57):
The Breakfast Show, Kiwi's Trust to Stay in the Know,
the Mic Hosking Breakfast with a Veda, Retirement, Communities, Life
Your Way News Togs.

Speaker 2 (30:06):
He'd be only seven past seven. So the ghost of
labor past has come back this morning as we remember
that famed splash of cash for mental health and the
budget of twenty nineteen one point nine billion, of which
six hundred and sixty four million was given for what
was called Access and Choice Access and Choice Program to
improve mild to moderate mental health care. Apparently, as we
hit the five year mark, we can see the target
of supporting three hundred and twenty five thousand of us

(30:28):
is well short. They are helping two hundred and seven thousand,
or thirty six percent of what they thought. Anyway, the
Mental Health and Well Being Commissioned CEO Karen Osborne's with
us Karen, morning.

Speaker 14 (30:36):
To you, Good morning Mike.

Speaker 2 (30:38):
In very simple terms, do you think this is working?
Given you so short?

Speaker 14 (30:42):
Look, we do think the program is working. Yes, it
is short of the three hundred and twenty hundred thousand
people per annum. But what we have seen is the
reach of this program across primary care and community services
is at sixty eight percent, which is very close to
the seventy percent that was anticipated. So the reach is

(31:04):
there in terms of the services being available. What really
now needs to happen is real focus on increasing the
numbers of people who are using those services.

Speaker 2 (31:13):
Why aren't they using it?

Speaker 14 (31:15):
Well, there's a range of factors. I mean, some of
them have taken time to come on stream. There is
also what we hear that people don't know always know
where to go to get the help. So there is
an issue of awareness, but it's also about what's happening
on the ground in some of those practices to make
sure that it's easy for people to access these services very.

Speaker 2 (31:37):
Well coordinated or organized after five years? Am I being unfair?

Speaker 6 (31:41):
Look?

Speaker 14 (31:42):
I think this is these services that are in primary cares,
are GP practices, rural practices, urban practices, in community services
such as new use services, Pacific Services, co Paper Maori.
So it's very widespread and it's what we have seen
is really good progress, but just that really focused attention

(32:02):
that needs to happen in this next stage.

Speaker 2 (32:05):
But all we ever here on the media is how
you can't get access to mental health care. Why doesn't
somebody join some dots and say, well, there's plenty of money,
plenty of service, and if you're talking about the primary
gere of the doctor, why doesn't every GP in the
country know here's the service and putting you in the
right direction.

Speaker 14 (32:19):
And that's where we really need to see this focus.

Speaker 2 (32:21):
So this review was it's it's five years. Why haven't
we got the focus? Why isn't it up and running
in you know, tickety boo? Why are we spending hundreds
of millions of dollars in something that after five years
doesn't work.

Speaker 14 (32:33):
It does work, and we've heard some really really positive
feedback from the people who use their services, and so
it is working for many people. It's just not getting
to the number of people that it really needs to.
And some of this is the way this service was designed,
so having people in individual practices and having people being
able to access on the day, and that there's not

(32:55):
a steady flow of people always needing those services. So
what we also need to use some of the digital
virtual tools to make sure that people are being fully
utilized across the country. So there are some strengths in
the model, but there's also some areas that need to improve,
and that's what we're shining the line.

Speaker 2 (33:12):
It sounds like complete and utter waste to me, No,
that's not. I mean, you know, for the people who
are using it, fantastic, that's good. So congratulations, But at
only thirty six percent, that's sixty four percent of people
who are not being reached allegedly, and maybe you're suggesting
they don't need to be reached because maybe they don't
actually have a problem, So we're spending money on a
problem that doesn't exist as widely as we think it does.

Speaker 14 (33:34):
Oh look the numbers around the wrong Way is actually
reaching sixty four percent of the people, so it's thirty
six that's remaining. So it's reaching two thirds of the
number of people that was anticipated. My apologies, numb Yeah, yeah,
so the worse and delays through COVID. So this program
started in twenty twenty and so those early years did

(33:58):
take a bit longer to get up and running. Got it. Also,
we've employed or the system has employed an extra thirteen
hundred stars, so this program across the country and that's
a big uptack in terms of that resource. So is
what we're wanting to see is that resource being used
to the most benefit for the people in the community.

(34:19):
So it's come a long way, but it's definitely got
some more work to be done, and we particularly also
want to see more focus on our young people. So
this program is reaching young people, and we know young
people are having a delays to access specialist mental health
and addiction services, so this is providing much needed support
to those young people.

Speaker 2 (34:38):
Okay, I must get you back on again. Care and
because I've got of a bunch of other questions that
I don't have time for now. But that's I appreciate
your time. Karen Osborne, who's a mental Health and well
Being commissioned So coming up twelve and it's past seven,
get a little bit more China boat anks. We've got
this research ship. You will have seen. It's been approved
by the government. It's part of a newer research project.
It's raised moderate interest here but in Australia, of course
they've got election vibes at the moment. That and easy,

(35:00):
he said he would prefer it wasn't of Victoria's coast.
The director of New Zealand Contemporary China Research Center, Jason Young,
is well, it's Jason, very good morning to you.

Speaker 8 (35:09):
Good morning.

Speaker 2 (35:10):
So we've got two things going on. The flotilla was different.
Live firing is different. This is just a research ship.
Is this like perfectly normal and we shouldn't even be
talking about this or could there be something to it?

Speaker 8 (35:21):
Well, I guess that's the big question, right. So it's
a research ship, it's approved, it's an international group, but
it's obviously funded by China, and so for me, it
raises the question of why people are so interested, and
it shows that there's a heightened level of strategic distrust. Yeah,
particularly in Australia, but also in New Zealand. Sort of

(35:42):
questioning these types of activities is my assessment.

Speaker 2 (35:45):
Right, it's heightened in Australia because of course I've got
an election campaign on.

Speaker 15 (35:49):
Well.

Speaker 8 (35:50):
I think whenever there's an election, and if China becomes
an issue in an election, then both alban Easy and
the opposition leader Dutton will be wanting to appeal to
audiences that want to show that Australia is standing up
for its interests and protecting Australia. So once it becomes
an election issue then I think, yeah, it changes the debate.

Speaker 2 (36:11):
Fascinating thing for me is we're trying to dubt out
being the largest trading partner and we love their money
and we love selling them stuff, but we don't like
them all of a sudden and our attitude to them
has changed. How do you square that circle?

Speaker 8 (36:23):
Well, I think that's perhaps a little bit of a
simplified view of New Zealand's relationship with China. I guess
it's complicated in the sense that yes, New Zealand has
a very important trading relationship with China. China is a
very important actor, but some of the activities that it
does in the international system go against our interests. Some

(36:44):
of it go against our direct interests. And it's a
way New Zealand and Australia both need to be able
to manage those areas of difference whilst maintaining those positive
aspects of the relationship.

Speaker 2 (36:57):
Jason, appreciate your expertise. Jason Young, New Zealand Conteporary chin
A Research Center Director, fourteen past seven. Pasty, where does
the Trump teariff money go? Very good question. A debt possibly,
but more likely tax cuts are the debate as to
how much they raise. They're saying hundreds of billions of
not trillions of dollars. Its delusional. Most economists say it'll
be nothing like that. Mike, Judith Colin shouldn't have postponed

(37:17):
the Privileges Committee hearing in the Mara Party case. The
committee should simply reach its conclusion on their conduct and
what the consequences are. I tend to agree, And if
you're watching Judith at the moment, you can see she
wants to say a lot of stuff she doesn't because
she's trying to maintain the decorum and professionalism and the
manner of the Privilege's committee while others play silly games.

(37:40):
Fourteen Past.

Speaker 1 (37:42):
The High Asking Breakfast Full Show podcast on iHeartRadio powered
by News.

Speaker 2 (37:47):
Talks a be Dartmouth economics professor Douglas Irwin with us
very shortly too, workers through the potential outcome of Liberation Day. Meantime,
turns out we love a private school. More and more
parents lining up in some cases now enrollments are closed
until twenty twenty seven. Families are being asked to some
videos of their home life, and entrance tests are being
made Tougher parents are fighting for a better curriculum, qualifications,

(38:08):
smaller class sizes, independent schools and New Zealand. Boss Guy
at pascoes, Well, this guy, very good morning to you, Mike.

Speaker 3 (38:14):
How are you very well?

Speaker 2 (38:15):
Indeed, thank you Boom times. This is good, isn't it?

Speaker 11 (38:19):
Yeah?

Speaker 3 (38:19):
Well, it certainly is good. Full of some schools.

Speaker 18 (38:21):
But I would say that while there's a really high
demand in certain areas like Auckland and other parts of
the country, it's not uniform across all schools.

Speaker 2 (38:29):
I was going to ask you, is this a main center.
Thinks this an Auckland, Wellington Christge thing.

Speaker 18 (38:35):
Yeah, it is a main center, so I think. I mean,
certainly there are some schools in the regions that are
doing well as well. But as I said before, it's
not uniform.

Speaker 2 (38:43):
Is this a noticeable spike or what we've been discussing
for many, many years. There's a sort of malaise around
some of the public school system and the qualifications and
the attention and the turning up and all that, and
therefore you drift naturally to private.

Speaker 18 (38:56):
Yeah, a good question. I mean, we have noticed an
increase in enrollment and independent schools since COVID, and that's
actually been observed internationally as well.

Speaker 2 (39:07):
Oh really, so it's not just New Zealand, because I
can mount you a fairly substantive case that says our
public systems and deep, deep trouble. And I'm not surprised
at any of this, but you can tell me it
happens all over the world.

Speaker 18 (39:17):
Well, it certainly was a post COVID response that internationally
we're sun to see a kind of a decline. And
obviously what's happened in the UK has had on presiveness
that's on their independent school system at the moment, But yeah,
a numbers have kind of been hovering around four percent
nationally for a number of years.

Speaker 2 (39:36):
Who in the cost of living crisis so called how
do you afford this?

Speaker 18 (39:42):
Well, I mean, that's a really good point. Appearance are
making huge financial sacrifices to up to send their children
to the school of their choice. And something that you know,
we are concerned about is that at some point there
will be at some point where you know, appearance just
somebody can't afford it anymore.

Speaker 2 (39:57):
Do you get something better? And I know answer to
this because I'm a parent of five and I've gone
through private and public and integrated and every school going
in the country. Does going to private give you a
better education?

Speaker 18 (40:09):
Well, ultimately that's for parents and families to decide. I mean,
there are some incredible things happening and schools around the country,
and the results speak for themselves. But that's not to
say there aren't amazing things happening in the state schools
as well. And we're just something advocating for independent schools
as a small but are very critical part of the
wider sector.

Speaker 2 (40:29):
Interesting, all right, Guy appreciated Guy Pasco Independent schools and
new Zealand CEO. I'll come back to that my experience
if I have time, because I have a fairly well
honed view on that. My carwork in mental health space.
This woman is talking crap on the ground the doctor
surgeries and not funneling people into access and choice. We've
been assigned to doctor surgeries and neither one of them
would give us off a space to work from. Let
me come back to that as well.

Speaker 1 (40:49):
Seven The Mic Asking Breakfast Full Show podcast on iHeartRadio
powered by News TALKSB.

Speaker 2 (41:00):
Now, when you're looking to invest your hard earned money,
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(41:22):
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Ask eem and twenty four Housing Development for You. Housing
development that once again shows how reality beats theory. So

(42:03):
housing is a New Zealand obsession. Of course, we love housing.
We long to own housing. It encroaches on immigration and
whether too many people lead to higher prices. It encroaches
on politics and the expectation as to what governments do
about housing and the prices of It involves social housing,
emergency housing, key, we save, it, in comes, the Reserve Bank,
deposits LBRs. It's all encompassing in theory. If you could

(42:23):
make building cheaper, we would be keen to back that up,
wouldn't we? Or yes, yes, I hear you say, yes,
we would. So what happened to Clevercre Clever Core is
Fletcher's prefab house building factory. The factory is closing. Why,
I hear you ask, well, because, to quote Fletcher's, it
had not worked. Demand was the issue. There wasn't enough
of it. If you had conducted a survey, which is theory,

(42:46):
and asked could prefab housing help the so called housing
crisis in this country, you would have gotten overwhelming yes.
And yet did we follow our enthusiasm up with some sales?
No we did not. Clearly, resistance from the building industry
is another frayse that Fletcher's uses. You see, as I've
said many many times, we're happy to moan about the
cost of building, the cost of jib, how cheap it
is in Australia, how much a deck out the back

(43:07):
for the barbecue is. But prefab who know? I wouldn't
touch prefab. Essentially, we're housing snobs, sort of like coffee
moan about six bucks for a flat, right, but we're
going to pay it anyway. Not that there's anything wrong
with that. I mean, if you want to pay anywhere
between ten and thirty five thousand dollars a square meter terrific.
But what clever Core reveals is we don't actually want
to save often, we don't actually want solutions. What we

(43:28):
want is what we have and like accept at a
better price. We want what we can't have, what we
can have. We don't want, ask Fletchers asking, right the
mental health then part of that program we're talking about
this morning is if you have low mood, so there's
government money if you've got low mood. This is not
mental health crisis. This is not ambulance to the bottom

(43:49):
of the cliff stuff. This is not suicides. This is
a few bit not having such a good day. There's
money for that, hundreds of millions of dollars. Apparently. The
other point I wanted to raise with Karen and I
didn't have time is her press release. So she is
the Mental Health and well Being Commissioner. Now I don't
know what these commissioners do apart from put out press releases.
And I've got another one coming yesterday from the Retirement Commissioner,

(44:12):
reiterating everything we've ever heard about retirement. Just again they
employed somebody paid money that we don't have to write
Yet another report that tells us the bleeding obvious. Anyway,
back to the business of mental health. Her press release
was full of sproken up bagness. In other words, I
love what labour did. I love the spending of the money.
Now the fact that it's not quite working as well
as it was supposed to, the fact that it hasn't

(44:34):
done what it was supposed to. That's right down the
very end of the press release. That's the bit that
no journalist is ever going to get to. I got there,
and that's why we conducted the interview we did. But
are they apologists for the government as a commissioner? Correct
me if I'm wrong. I thought commissioners were supposed to
be independent. I thought they were supposed to hold people
to account, i e. The government. And just because you're

(44:56):
funded by the government doesn't mean you're a lackey to
the government. And if the isn't working, the program isn't working,
and you should be saying that as opposed to going, oh, well,
some people who had a very good time, thank you
very much. And I'm sure there is but it wasn't
what was supposed to happen with over half a billion
dollars of expenditure. So anyway, as I say, we'll get
her back another day and have a good old discussion

(45:16):
about that. We need to focus now, though, on Liberation Day.
Is a world trade war about to break out as
of nine o'clock this morning in New Zealand time. We'll
guard to Dartmer.

Speaker 1 (45:26):
Next, your source of breaking news, challenging a billion and
honors backs the Mike Hosking breakfast with the range Rover
villa designed to intrigue and use Tom sad.

Speaker 2 (45:37):
B twenty three minutes away from mate Steve Williams by
the way, talks Gulf after eight o'clock a Liberation Day.
Details of the revealed in about an hour and a
half time Rose Garden at the White House. Of course,
a lot of speculation as to how this is going
to play out. As far as the Mexican concern. They're
not interested in tip for tap, and they look at what.

Speaker 19 (45:57):
We do not believe in an eye for a lie,
for a year, two for a tooth, because that always
leads to a bad situation. Of course, measures are taken,
because measures are taken on the other side. But the
dialogue must continue. It's not about tit or tat, but
about what is best for Mexico and how to face
the situation.

Speaker 2 (46:16):
North to the other border. Doug Ford, who once upon
a time threatened to cut the power off to New York.
Of course Ontario Premiere he not so upbeate.

Speaker 3 (46:24):
President Trump calls a liberation day. I call it termination
day because a lot of people are going to be
terminated from their jobs now.

Speaker 2 (46:30):
Dot Mouth economics professor Douglas Owan's with us. Douglas, very,
good morning to you.

Speaker 11 (46:35):
It's good afternoon here.

Speaker 2 (46:37):
What's your vibe? How's this going to unfold? Are we
going to get specific detail. If we get specific detail,
do we get retaliation immediately or eventually or what?

Speaker 11 (46:46):
Well, it's interesting that there are pressure reports even this
morning from Bloomberg and elsewhere that even the White House
hasn't finalized and decided on what exactly the tariff plan
will be. So it could be there working at it
this very moment. We might get something very vague plans
for the future with nothing announced in specifics, but we
could also have a specific plan. Basically, there are two

(47:06):
that the White House is considering. One is universal tariffs,
which would mean in across the board tariff of maybe
twenty percent. That number has been bounced around a bit
or something like that, or reciprocal tariffs, in which case
it wouldn't be uniform across the board, it would be
specified different levels to different countries. So we'll just have
to wait and see what comes out.

Speaker 2 (47:27):
We've got a couple of reports, so I've heard a
couple of leaks so far. There were three different tariffs
they're going to announce at four o'clock this afternoon New
York Times, something like ten, fifteen, and twenty. I've just
also heard that the White House has filed twenty five
percent on cars. So I don't know where this goes.
What's the vibe in America in terms? I mean, I

(47:47):
don't know if you realize this, Douglas, in nineteen eighty
two eighty three, we became free traders, where the colony
is of free trade in this country, right in the
world built and so we just don't get this. This
is insane economic insanity. How does it get explained to
the American people?

Speaker 11 (48:05):
Well, I think they're going to feel it very soon
in their pocketbook. You know, I talked about Liberation Days.
Some other people are calling it watch your Wallet Day.
With twenty five percent tariffs on cars, that's going to
push up the price of new cars and used cars alike,
let alone the steel and the parts involved as well.
And if these if we have anything like what is

(48:26):
being talked about universal tariffs are what have you. Everything
from the price of avocados and fresh fruits to manufactured goods, clothing, shoes,
everything's going to go up to some extent. And so
it's not going to sort of reindustrialize America the way
the president wants. It's just going to cost Americans a lot.
I think what's sort of ironic about this situation is

(48:47):
that the American people are not really demanding this. They
didn't re elect Trump for this reason. Trade is very
low on the priority list of any American American business
was not asking for this. They weren't clamoring for high
tariffs because they're be perceieved by foreign competition. This is
really because Congress over the years has delegated a lot
of trade making power to one person, the president. I'm

(49:09):
the assumption that we'd have a reasonable president would reflect
the national interest, and unfortunately we don't have a reasonable
administration and one person can make these big changes.

Speaker 2 (49:18):
This is the fascinating thing for me. There's so many
shifting goalposts fentanyl and illegals across the border. Even if
you agree with it or don't agree with I get
what he was trying to do. I get it, do
something or else we going to slackly with terroists. That bit,
I get an American product into Europe gets a twenty
five percent tariff, right will match you. I get that part.
But what I don't get is the belief that somehow

(49:38):
the entire world is going to relocate to America to
build all their factories, to build products at the cheapest
price possible, that American consumers are going to lap up.
Because it isn't going to happen.

Speaker 11 (49:50):
Well, the problem is that the administration has had a
multitude of rationales for these tariffs. Sometimes it's to raise
revenue so we can cut income taxes. Sometimes is to
close the trade deficit, which the President really focuses on
as his measure of unfair trade, despite the view that
economists dissent from that. In general, reshoring jobs, national security, fentanyl,

(50:13):
as you said, migration flows. So it's very hard for,
first of all, other countries to respond when you don't
know exactly what the rational for the tariffs is. It's
also very hard for the American business community to understand,
are these permanent tariffs are temporary tariffs because you don't
make big investment decisions based on the whims of tariffs
that could go up or down within a matter of
weeks or months.

Speaker 2 (50:34):
No shortage of Pol's at the moment, suggesting America is
going to slow, if not slowing already in a recession
is possible.

Speaker 11 (50:40):
What's your view, Well, I think there's a risk of that,
and it would be a self inflicted wound. The President
inherited an economy and reasonable shape, four percent unemployment growth
at a modest pace. But the tariff policies, which once
again are coming a little bit out of the blue.
He had always talked about them, but never front and center.

(51:00):
The business community wanted an agenda of tax cuts and deregulation,
and they're getting tariffs, and so they're holding off an investment.
Consumer confidence has plummeted just in the past month or so,
and so if you get consumers and businesses holding back expenditures,
this could be an own goal, a recession that comes
from the White House.

Speaker 2 (51:21):
Waki's time. Douglas, apreciate your expertise very much. Douglas Hrban
who's the Dartmouth economics professor. Fun fact, you talk about
the cars of the problem. So, of course there is
no such thing as an American made car. It simply
does not exist. Even though there are factories in America
that make cars. Other bits and pieces come from other
parts of the world, so they've worked out or somebody

(51:42):
worked out the other days reading, Toyota is going to
be the worst hit of all the manufacturers. Toyota do
things slightly different from some of the others. Everyone's going
to get hit, but Toyota's going to be the worst hit.
A car part on average, apparently, here's a fun fact.
A car part gets exported ten to twelve times on
average each part because a part becomes a part, becomes apart,
comes apart before it becomes the ultimate part in the car.

(52:02):
So it's exported ten to twelve times. Seventeen to wait.

Speaker 1 (52:07):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News talks.

Speaker 2 (52:13):
At be fourteen away from a W. Kelly Echold occasionally
on this program bank economist Westpac. He's suggesting next week,
by the way, the Reserve banker coming back for another
cut to the cash rate. He's suggesting that it shouldn't
go ahead. So we're all expecting twenty five next time
to three point five, and then one more twenty five

(52:33):
to take it to three two five. We think that's
what they call neutral. That will be about that. Eckhold
is arguing that recent numbers showed an improving economy. That's true,
also clear inflation pressures. Given the mandate is solely focused
on inflation, it's hard to make the case for cutting
rates at every meeting. From here, it's less clear further
cuts would be required. From here. Everyone else apart from Kelly,

(52:55):
including Sharon's Onna, who we have a bit of time for,
also also appears on this program. In the housing market,
she says, this is state of the economy at the moment.
Housing market's going nowhere fast, probably not unreasonable consumer confidences
in the doldrums. Yes, labor market recovery is fairly sluggish. Yes,
lived in retail spending is gradual. Yes, So she's right.
So I think Kelly's wrong. But Kelly knows what he's

(53:17):
talking about. So what's going on there? And then of
course where's Adrian and where's the new governor? And do
you want to hear from Adrian. Does Adrian still owe
us an explanation? Mike, why do we and the rest
of the world even bother with the US? Okay, there
are other countries in the world. Correct, we should just

(53:38):
leave the US to simmer down and trade with each other.
Over seven and a half billion people in one hundred
ninety four countries, why that's simple. Matt's unfortunately completely and
utterly wrong. Most of the one hundred and ninety four
countries we don't want to trade with because they've got
no money. The ones we want to trade with are
the ones with the money. What's the most powerful and
lucrative economy in the world. The answer is America. Do

(53:58):
you know how much more powerful and luke of the
American economy as compared to the Chinese economy? Eighteen times?
That's how wealthy America is. They got three hundred and
thirty odd million people, most of whom earn vastly more
than we will ever earn on a yearly basis. So
they're wealthy, so we want to sell them stuff. So
where we're going to get hit today is on I
was just saying to somebody during the news, the fortunate

(54:19):
thing about this country being a third world nation is
that we make next to nothing. So therefore there's not
a lot of steel, there's not a lot of aluminium.
We don't make cars, we don't make rockets, we don't
make satellites. We're not really into tech. What we do
is grow some stuff in a paddock, and it could
be grapes or it could be sheep and beef. So
we sell the tremendous amount of beef to the Americans.

(54:41):
And the reason they import so much beef is twofold.
One they don't make enough of their own, and two
our quality is exceedingly good. The Australians have the same story,
so we're going to get hit on beef. My argument's
always been around tariff's and I think I might be
a wee bit naive on this. My argument has always
been at the top end of the market. There are
people at the Upper East Side of New York that
will pay literally anything for a piece of New Zealand steak,

(55:02):
and so therefore you can tarif it. It won't be
a major same with wine. If you sell the writing
to the wine market, the person in New York on
Madison Avenue, whether they pay fourteen dollars US or seventeen
dollars sixty doesn't make a lot of difference to them.
I think we may get away with that stuff. Other countries, though,
are going to be far worse off than we are.

(55:23):
But we shall see how it unfolds a little more
on the housing for you in a moment, tend to wait.

Speaker 1 (55:28):
For the Mike Hosking Breakfast with Bailey's Real Estate News
dogs dB.

Speaker 2 (55:33):
Well, it's seven away from eight Housing News and how
you can do it for a decent price. So we've
got a three bedroom house built in six weeks for
three hundred and thirty three thousand dollars. That is two
hundred and fifty thousand dollars less than the average government
constructed kying or a house. It's been done by architect
Rich Nash and his team. It's called a living house
and Rich nachh is well, it's Rich, very good morning
to you.

Speaker 20 (55:52):
Yeah, morning, Mike, thanks for having me.

Speaker 2 (55:54):
Not at all what size is the house?

Speaker 20 (55:57):
It's eighty five square meters.

Speaker 2 (56:00):
She's a wee one. So what's that come out at
cost per meter?

Speaker 20 (56:03):
Well, it's about four thousand a square meter. But it's
sort of more about the amenity that you get rather
than the size.

Speaker 2 (56:10):
Right, And so is it a good looking house and
one you're proud of and one I would buy and
be happy to live in?

Speaker 11 (56:18):
I have?

Speaker 20 (56:19):
Yeah, I think so it is a good looking, cute
little house. It's well proportioned, got great volume, ventilation, light
and all that sort of stuff. I think you'd love one.

Speaker 4 (56:27):
Mite.

Speaker 2 (56:28):
What's what have you done it for? What's its purpose?
Simply to prove that you can build a house for
a reasonable price?

Speaker 20 (56:34):
Well, not really. I think I've just been frustrated sort
of looking at successive governments trying to make affordable housing
and doing it at twice what we've been able to
do it, and we just sort of put our thinking
cats on and thought there's got to be a better
way to do.

Speaker 2 (56:48):
This, And there is clearly, and you've just proven it.

Speaker 3 (56:50):
Yeah. Yeah.

Speaker 2 (56:52):
Is it scalable or are they all won offs in
that sense?

Speaker 20 (56:56):
No, it's absolutely scalable. We've optimized it down to something
that is the simplest and cheapest thing to build so
that it can be repeated. There's no alterations. It's designed
to be repeated and built by individuals or organizations.

Speaker 2 (57:12):
Right without wanting to go too far down the track.
Of defending claying or I do know that some of
their costs come into the fact that some of the
people that they put into those houses require a fairly
robust experience inside. Would your stand up to a bit
of you know.

Speaker 20 (57:28):
A bit of bi Yeah, well, I mean, look absolutely,
they're made of it's like a piece of flat pack furniture.
Instead of the bits of plywood, it's made of colt,
which is cross laminated timber, so it's too up to
sort of one hundred and twenty one hundred and sixty
milimeters six solid pine with that's the finish on the walls.
So there's no war pave, there's no paint, so they're

(57:51):
really robust.

Speaker 2 (57:52):
Okay, do you want to take this somewhere? Is there
somewhere you're going or was this just an exercise for
you as an architect.

Speaker 10 (58:00):
Not.

Speaker 20 (58:00):
We've started a company called the Living House and we
go we're launching to the market in a little over a.

Speaker 15 (58:07):
Month or six weeks time.

Speaker 3 (58:09):
We're built.

Speaker 20 (58:10):
Yeah, we've built a prototype and Rotoro so it's we've
proven that it can be done.

Speaker 2 (58:14):
And I should point out this is x Land, so
it's three thirty three grand plus land, right, Yeah, that's right.

Speaker 3 (58:20):
Absolutely, yeah.

Speaker 2 (58:21):
So what in your summation is the major issue with
the cost of housing in this country? Is it labor?
Is it product? Is it design? Is it paperwork?

Speaker 4 (58:30):
What is it?

Speaker 5 (58:32):
Well?

Speaker 20 (58:32):
I think it's the labor is probably the number one issue.
A typical New Zealand house and the way we're building
them out of stick timber, the way we have for
the last you know, two hundred years, it's forty percent
labor in any house, and in the living house we've
stripped that down to ten percent. So taking the labor
cost out is really one of the big areas of attack.

Speaker 2 (58:53):
Interesting, all right, go well with that. Richer wishes the
beast with a rich nache living house architecture, texting me,
so four thousand dollars is affordable housing?

Speaker 4 (59:02):
Holy?

Speaker 2 (59:03):
What are you expecting to pay? What is it you're
expecting part I can show you apartments in Auckland, and
yes they're very high end. But I can show you
apartments in Auckland for forty thousand dollars a square meter.
I can show you what I would regard as pretty
average house, regular house you'd look at and go yep.
I could I could look at ten thousand dollars a
square meter. I don't know what you can build for

(59:23):
less than four thousand dollars a square meter. I built
a barn relatively recently, which it's a nice barn, but
it's certainly not one you'd live in. But I built
that barn for in excess of four thousand dollars a
square meter. And there's nothing about it. The gay Yeah,
but yeah, a ritch prakkic and it's nothing about that.

Speaker 21 (59:40):
It just hasn't got a batler's pantry.

Speaker 2 (59:41):
It hasn't got a batless pens. It hasn't got a pantry.
Let's talk golf in a couple of moments. Steve Williams
as whether it's after the news, which is next? You're
a news talk seed.

Speaker 9 (59:49):
Best.

Speaker 1 (59:52):
The news and the newsmakers, the Mic Hosking Breakfast with
Bailey's real Estate, your local experts, a residential commercial and
rural news togs'd been.

Speaker 2 (01:00:04):
It has been fourteen years since Steve Williams last caddied
for somebody called Tiger Woods. But to current side with
the Masters and the twentieth anniversary of Woods now infamous
chip that famous day the sixteenth fed AUGUSTA, two thousand
and five, anyway, Williams has produced a book looking back
and giving us insight into the greatest player ever in
one of sports great collaborations together, We Roared is by

(01:00:24):
Evan Priest and Steve Williams and Steve Williams is will
us very good morning, Hey, Mike Aida, this.

Speaker 3 (01:00:28):
One good good good.

Speaker 2 (01:00:29):
Was this an easy sell for you to do to,
you know, tell the story?

Speaker 22 (01:00:33):
Yeah, Evan and I did a podcast series over covid,
and we got so much interest over the podcast series
that we decided that, due to the interest from publishers,
that we'd put a book together. So and we got
we were granted an extra few months that you'd normally
not get when you write a book, so we were
able to really put some thought into it.

Speaker 3 (01:00:53):
So really pleased with it.

Speaker 2 (01:00:55):
And was it cathartic for you?

Speaker 11 (01:00:56):
No?

Speaker 22 (01:00:57):
I found it like a memory, a great way to
rewind and sort of relive the journey of the time
that I spent catting for Tiger.

Speaker 3 (01:01:06):
That was really good.

Speaker 2 (01:01:08):
What do you do these days?

Speaker 3 (01:01:11):
What do I do these days?

Speaker 22 (01:01:13):
You know what you think when you're retired, you think, wow,
but you know you keep yourself busy. I've had my
own foundation, which I've actually closed up at this completion
of the last year, so that's been keeping me busy.
I live on a bit of a lifestyle block, and
you know, I do a lot of golf days and
outings and that, and travel overseas, and you know, you
keep yourself busy. Still a speedway, but you're content, content, Yeah, yeah, No,

(01:01:38):
I don't miss the canting and all the traveling that
went along with that.

Speaker 2 (01:01:41):
When you were in the moment, if you like, when
it was all you and Tiger, were you cognizant of
what was unfolding around you or was it just it
was another day at the office.

Speaker 22 (01:01:53):
No, Because every Tiger, after every tournament, whether you know,
whether he won or lost, it was always onto the
next one. And that pursuit of trying to chase down
Jack's record of eighteen major championships sort of became an
obsession and always looking forward to the next tournament, the
next major, what course is it at. So the book

(01:02:14):
actually has been a real good thing for me to
be able to actually sit down and take a look
at what he actually achieved, because during the time that
he was doing it, there was no you know, there
was very little celebrating it. Was just this relentless goal
of trying to reach you know, Jack had eighteen majors.
He wanted to get to nineteen or twenty and that
became such a obsession and sort of Yeah, it was

(01:02:37):
a really clear goal to work towards it, and there
wasn't a lot of time to reflect on what he
was achieving along the way, not just in the major championships,
but all the other toments that he was playing.

Speaker 2 (01:02:45):
And what do you with the benefit of hindsight, what
do you will wait do you place on what role
you played in his success?

Speaker 3 (01:02:54):
Look, you can't. It's one of those jobs. It's like
being a co drive and a ralegate, you know, like
the guy swinging the clubs and that. But you know
you've got to be you've got to be very in
you know, working.

Speaker 22 (01:03:05):
In harmony with a guy in that and understand a
guy in that, and you know, like a pro golfer
knows if he has a caddy that they don't have
that harmony with and they don't have any success where
they go on to get another caddy in that. So
when you spend any length of time with guy and
you have success, you know, you know you're adding some
value to it.

Speaker 2 (01:03:21):
But how does that work? In that sense? If you
know you can be replaced, do you You can't then
be a suck up?

Speaker 11 (01:03:28):
Can you?

Speaker 5 (01:03:29):
No?

Speaker 11 (01:03:29):
No?

Speaker 3 (01:03:29):
One hundred percent.

Speaker 22 (01:03:30):
And look, what makes a good caddy is somebody when
something when it's really on the line, the torments on
the line and that and the guy says to you,
what do you think? And you've got to be very
decisive and give a very positive answer so that gives
him positivity to hit a very good shot or part
whatever it might be, and not be scared to be wrong.
And that's something I've sort of prided myself and that,
you know, I'm not scared to change or overall what

(01:03:53):
a guy says, or find a way to influence what
I think is right as opposed to what he thinks
it's right, and make that decision be the right decision,
and ultimately that can lead to you know, the difference
between winning a tourment not winning it.

Speaker 2 (01:04:05):
And what are you basing those decisions on? You're basing
them on maths, you know he hits the seven x
number of yards, or you're basing it on his mood
or the day, or the vibe or.

Speaker 3 (01:04:14):
Feel feel absolutely just complete feel.

Speaker 22 (01:04:18):
I took so many notes when I was working for
all these different players that I've caddy for, and I'd
base those notes on exactly what you just said under this,
under these circumstances, the mood that he's in today, the
way that he's planned, how did he react, what did
he do when he was in a good mood, bad mood,
and all that. I wrote so many notes. So basically,
after you know, probably eighteen to eighteen months to two years,

(01:04:41):
I could assess at the start of the day and
know what was going to happen just based on his
mood and that. So I wrote an enormous amount of notes.
And when Evan, the guy that I co wrote the
book Worth, came to my house and that until I
was looking over these notes, that's sort of dumbfounded. It's
just amazed that, like, you know that you would keep
such lengthy notes. But basically, as a caddy, if you

(01:05:02):
can picture yourself standing in that guy's shoes, so what
is he looking at today, how is he feeling today,
what is his mood today and that and just translate
your reactions to what.

Speaker 2 (01:05:12):
That's But that's your skill, though, because to do that
with Malta. I mean, that's not just Tiger. You did
this with a whole bunch of different people. To do
that with a bunch of it, that's a skill, that's
the talent.

Speaker 8 (01:05:21):
Yeah.

Speaker 3 (01:05:21):
Look, it's something that's probably unique.

Speaker 22 (01:05:23):
And to the best of my eyes, I was probably
the only one that's compiled such an extensive a lot
of notes on people. But you know, behavior patterns, you know,
and all strides of life are very continuous, and I
was able to, like I said, you know, I would
know based on the fact that what mood Tiger was,

(01:05:44):
and how he is walking, and what his eye contact
with me was, what sort of day you were going
to have.

Speaker 2 (01:05:49):
Unreal Together we roared as the book even Priest and
Steve Williams Moore from Stephen just a moment thirteen past eight, the.

Speaker 1 (01:05:56):
Mike Asking Breakfast Full Show podcast on radio played News Talks.

Speaker 2 (01:06:01):
It be news Talks will be sixteen past eight. Guest
is Steve Williams, Now, listen, how annoying did it become
for you that I'm assuming that every man and his
dog wanted to know what Tiger was like?

Speaker 22 (01:06:14):
Oh, look, I mean you just after you know, six
months into the job. It's like, you know, you just
realize that, hey, this is going to be part of it.
And you know, the Tiger Mania thing got really rolling.
You know, it became a bit of a circus between
you know, two thousand and two thousand and five when
he was at the height of his playing and you know,
he's a once in a lifetime athlete and obviously the

(01:06:34):
best player to ever played golf and that and a
very special, very special individual and that. So you know,
it was all part and parcel of it. And yeah,
after you get accustomed to it and everything, it just
was part of the daily.

Speaker 2 (01:06:47):
The answer to the next question is a bit of everything,
I'm assuming, but the mental versus the physical, because physically
you couldn't beat him. He was a guy who transformed
the game in terms of his discipline physically, and yet
you need to be exceptional mentally to do it all,
don't you.

Speaker 3 (01:07:02):
Yeah, one hundred percent like Tiger.

Speaker 22 (01:07:04):
Obviously, when he started getting into his prime and everyone
looked at Tiger and how he's gone about his business,
a he was training more than most people thought it
was doable with golf. You know, golf has a lot
to do with flexibility. In that his mental capacity his strength,
his mental strength, the way that he was so focused,

(01:07:25):
so determined, and the way that he worked. He just
brought a whole new dimension to the game. Not only
did he make the game popular from a fan point
of view, but he changed the directions of what professional
players became athletes. Like you know, you could look at
the professional golf to and sort of say fifty percent
of the players and fifty percent of athletes. Well, now
you could look at them and say, probably ninety something

(01:07:46):
percent of these guys are athletes. Now they train and
do all the different things that would go along with
other sports, not just golf.

Speaker 2 (01:07:53):
Is he likable, genuinely likable?

Speaker 22 (01:07:57):
Well, I mean, he's a fierce competitor and and anybody
that has as much success continually as Tiger is going
to have some hats. That's just it's not just you know,
not because of his personality, not because of the way
he is, because he's so successful, and a lot of
people and all sports don't like the guy that's at
the top.

Speaker 3 (01:08:15):
Because he wins too regularly.

Speaker 22 (01:08:17):
And you know, if you go to a tournament and
you know Tiger's playing in the tournaments and as heightened
his powers, you know, you realistically knew that you were
going to have to play outstanding to beat this guy.

Speaker 2 (01:08:26):
The fallout between you two, how do you view it
these days?

Speaker 3 (01:08:31):
Look, when you.

Speaker 22 (01:08:31):
Sign up to be a caddy for a boy, you
don't actually sign up. There's no sort of contract. Ram
You work for somebody and you know it's never going
to last forever.

Speaker 3 (01:08:39):
And if you.

Speaker 22 (01:08:40):
Spend in our world, in a caddies world, if you
can spend five years or greater working for one player,
you consider that to be a long stint. So you know,
I was twelve thirteen years into Tiger and look to
be honest that you know when I look back, you know,
he asked me when I went basically what happens? I
went to caddy for Adam Scott and he asked me

(01:09:00):
not to do it was doing when he was injured,
and I should have listened to My wife said no, Steve,
you should. You know, if he says you don't want
to do it, he doesn't want you to do it,
you shouldn't do it. But in a nutshell, I didn't.

Speaker 4 (01:09:10):
Look.

Speaker 22 (01:09:10):
You know, it's when things went a bit Haywi with
Tiger and that it never quite was the same when
it came back.

Speaker 3 (01:09:16):
So but nothing lasts for ever when you're a caddy.
And yeah it was good.

Speaker 2 (01:09:21):
And is there a desire to to I don't know,
make up, catch up, put it right? Yeah, well say anything.

Speaker 11 (01:09:27):
You know.

Speaker 3 (01:09:27):
I caught up with Tiger not so long ago. I
was in Los Angeles and caught up with it and
that and had a good old chat in that. So
you know, the time heels everything, it's no big deal.

Speaker 2 (01:09:36):
Really, So what do you make of what's happened to
him now? Because I worry about him in the sense
that he was his swing Like you look at say Couples,
Freddy Couples or any ill swing, that's the that's the
most beautiful swing you've ever seen in your life. And
I look at Tigers, which is a manufactured swing, but
a discipline manufactured swing that was going to cause you

(01:09:56):
some sort of physical difficulty in time. And look where
it's I mean, the guy's seemingly fighting pain every day.

Speaker 3 (01:10:02):
Yeah, it's interesting, Mike.

Speaker 22 (01:10:03):
The very first guy that I ever cared for Peter Thompson,
the famous Australian guy, and I had great thrill every
year at the Open Championship.

Speaker 3 (01:10:12):
Peter would attend, being a former Open champion, and.

Speaker 22 (01:10:15):
He would always meet me after one of the practice
rounds and just discuss things and talk about different things
that and he said to me, Steve, you've got to
tell this guy that's he will not be able to
keep swinging like that for the rest of his life.

Speaker 3 (01:10:27):
He said, he's putting way too much pressure on his body.
And of course he arguably he was right. Yeah, look, I.

Speaker 22 (01:10:35):
Mean he has had an extraordinary stretch of surgeries and
physical things that have slowed things down on that. But
you know, everybody's asking now the fact that is at
the end of the road for Tiger Woods, in my
opinion would say, no, it's not because until such.

Speaker 3 (01:10:55):
Time where he.

Speaker 22 (01:10:57):
Can't where he can't get himself to train and get
himself prepared for a golf TOURNT where he could stand
on the first tee and physically walk four days with
no hesitation and be able to practice and get himself
in shape to when a torment.

Speaker 3 (01:11:09):
I don't think it's quite gone yet.

Speaker 2 (01:11:10):
Amazing, hopefully amazing. I didn't realize you've given you the
four gt that car. I mean to come off a
tournament and just go the car is yours and for
people who don't know what a GT is. It's hundreds
of thousands of dollars worth of cars. It's a collector's
piece of car, and you've still got that.

Speaker 3 (01:11:30):
I take it absolutely. It's a great collector's piece because
it's the only one of that type of New Zeale.

Speaker 2 (01:11:34):
So it's the driver you started driving.

Speaker 22 (01:11:37):
Not very often, not enough, but you know, the lower
the miles a bit of before that it's worth. So
now I take it out every now and again.

Speaker 2 (01:11:43):
That's amazing. And all the memorabilia that came with it.
It's do you enjoy the down memory lane aspect of
it or not?

Speaker 3 (01:11:52):
Yeah?

Speaker 22 (01:11:53):
So, not so long ago, Mike, I actually completed my
man cave, and so when I go into there and
I take someone into that man cave that's not been
in there before and look at all the stuff that's
it's quite a special room, and it brings back memory
lane one hundred percent. And like I said, when I
was working for Tiger, we were so focused and driven

(01:12:16):
on the goals that he had set. There wasn't a
lot of time to celebrate or go down memory lane
in that. But you know, as the years go by,
and the book certainly has helped do that because the
book has been a great road down memory lane for
me to be able to relive.

Speaker 3 (01:12:30):
So many moments. And you know, I researched quite a bit.

Speaker 22 (01:12:33):
I took a lot of notes while I was catting,
which I was fortunately still had those notes, and then
I did a bit of research as well just to
bring up and that was going down memory lane. So yeah, no,
the man Cave is certainly I like that kind of
thing now.

Speaker 2 (01:12:44):
Always good to see you appreciate it absolutely, Mike, good stuff,
Steve Williams, and the book is together We roared by
Evan Priest and Steve Williams.

Speaker 1 (01:12:51):
A twenty two the Make Asking Breakfast with Vita Retirement
Communities News.

Speaker 2 (01:12:57):
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(01:14:01):
interview with Steve renewed my faith in the the woods
William Union. Steve is a genuinely wonderful guy. I can
I follow him in speedway, especially the charity tonight meeting
in rote and Ruer. Thank you very much, Neil. Slightly
embarrassing with Steve, I said the other day on the program,
I said, I don't think I'd ever interviewed Steve Williams before,
and to be to my I don't know if it's credit.

(01:14:23):
The team looked up and they couldn't find any interviews
with Steve Williams. When Steve walks in, the first thing
he goes, you have interviewed me and I had been
in before. And it's at that point you go, what
do I do?

Speaker 1 (01:14:35):
Go?

Speaker 2 (01:14:35):
Whoops? Sorry, I'm getting old.

Speaker 21 (01:14:37):
Oh you fight everybody and that's our last day, isn't it?

Speaker 11 (01:14:40):
Yeah?

Speaker 2 (01:14:41):
Or do I say, of course here, that's right and
everyone knows and follow it? Anyway? It went well in
the end, mainly because he's a nice guy.

Speaker 1 (01:14:51):
The only report you need to start your day the
my casting Breakfast with a Vita, Retirement, Communities, Life your Way,
Tog's headb.

Speaker 3 (01:15:02):
Mike.

Speaker 2 (01:15:02):
The stadium decision is a tragedy. How is this not
a bigger story? Nick, I'm assuming you're referring to the
Auckland Stadium. The answer is whether it's a tragedy or not,
as open to your own interpretation. I don't see it
as a tragedy per se. Two, it is several days old.
Three it is not really impacting anybody outside of Auckland.

(01:15:23):
Four most people inside of Auckland couldn't give the monkeys anyway,
because five none of it is ever going to.

Speaker 21 (01:15:30):
Happen in Sex. We did actually like you do an
interview on it. Talk about it.

Speaker 2 (01:15:36):
Year Nick twenty three minutes away from nine International correspondence
with ends in eye Insurance, peace of mind for New
Zealand business right to the UK. Rod Little's with us.

Speaker 4 (01:15:45):
Right morning, good Morland.

Speaker 3 (01:15:48):
How are you doing very well?

Speaker 2 (01:15:49):
Indeed, last time I talked to you, you're in a pub,
you were celebrating a very monumental birthday. How did that go?
Was a good times and happy ass and you come
out the other side feeling a million bucks.

Speaker 4 (01:15:57):
It all went, It all went terribly well, terribly well.
And you know, following that we have our liberation Day,
you know, so it's been a week of jubilation.

Speaker 2 (01:16:10):
What obviously no one knows what's going to happen yet,
but what we think could happen will affect Britain in
some way, shape or form. So to two part question one,
what economic impact does that have to do? You retaliate?

Speaker 4 (01:16:24):
I think to take the second part of your question first.
As they say on Jeopardy, no we don't retaliate because
I think we would end up worse off to take
the first part of the question. They are still holding
out some hope, having waived various kind of tax deductions

(01:16:46):
for high tech internet companies, American high tech internet companies,
that we might sneak under the wire under on a
few of the various areas where Donald Trump is ready
to waft these huge tariffs. It's a problem. Like it's
a problem. It's a massive problem for the car industry.

(01:17:09):
We don't have a great car industry, but we do
produce some and some of them go to America. It's
a bigger problem, big down the line, even though it
doesn't add up in the money in terms of how
much money at the moment they're making for our pharmaceutical specialists,
steel and science, parts of the infrastructure. I think that

(01:17:37):
is a real problem. They are the ones who are
going to be here with a twenty five percent tariff,
and that is we're thinking somewhere in the region of
you know, twenty thirty thousand even more jobs.

Speaker 3 (01:17:50):
It's not good.

Speaker 2 (01:17:51):
What do you reckon happens bigger picture because you can
see it a couple of different ways. One does only
lasts for four years as long as Trump's around, of course,
presuming that normality resumes after it goes. But do you
does it realign global trade? In other words, does it
bring UK closer to the EU sort of in a
in a way that the EU and the UK are
a bit closer together on the war, for example, and

(01:18:12):
America goes a lot does Yeah?

Speaker 4 (01:18:15):
Yeah, yeah, I think I think it does. And it
brings the It brings the UK and the EU closer
together on stuff like soft power on the Ukraine and
probably and crucially on trade. If there is no difference
made between the UK and the EU in terms of

(01:18:37):
Donald Trump's tariffs, what was the point of leaving the EU?

Speaker 2 (01:18:40):
Good point?

Speaker 4 (01:18:41):
That is a question which a lot of people will
be asking, and the answer they will come up with none,
excuse me. And the second point that they will come
up with is well, we may as well bed ourselves
in with the EU on this one. It is something
which will just towards the EU rather than towards America.

Speaker 2 (01:19:03):
Mind you, I look at you guys from the outside obviously,
and I look at Britain's position in the world at
the moment in relationships with the EU. So it's working
it's working okay at the moment, given the war for
obvious reasons, but getting it being part of a group
of twenty seven none of whom ever really agree on anything.
You're better off being out of it and then looking
in and dipping in every now and again, aren't you.

Speaker 11 (01:19:25):
Oh?

Speaker 4 (01:19:26):
Of course, yeah. On every other aspect, we are far
better off. We've been far better off. We've been able
to lead Europe, largely of Ukraine sadly against what the
USA particularly once at the moment, and we are able,
even though we haven't made enough of it to make
trade agreements with people with countries across the world. The

(01:19:51):
only good thing we've done really is the various agreements
with you guys, Australia and India. That's about all we've done,
which is something we couldn't have done with in the EU.
The question, if it comes down to pragmatics, is you know,
we are worse off. We have less power, and that

(01:20:16):
plays a little bit at the moment. And I speak
to someone who inverted for Braxit.

Speaker 2 (01:20:21):
Just before we leave, my personal fascinator, this Chay Gosneil,
which has been bubbling away for most of the year.
Speaking of Trump and Kis Stamer. I'm noting yesterday a
couple of things. One it has claimed it as close
to being finalized, to the other to finalize it without
necessarily Donald Trump signing it off apparently, and I saw
him say it, he sort of when Starmer was there,
he didn't seem to mind and didn't think it was

(01:20:41):
a big deal. But three, it is suggested in the
piece I've been reading that Starma's not quite let the
British people know what the bill might be yet. Is
all of that true?

Speaker 4 (01:20:51):
I think all of that is true, And I think
this all stems from a time when this Labor government
was left wing as it saw itself, and we had
David Lammie talking about the rectitude of giving the Chagos
Island back to people who never owned them in the

(01:21:11):
first place, such as the Mauritius government, a terrible, terrible
mistake which caused a problem in our relationships with the USA,
which annoyed the Chagos Islanders who don't have much time
for Mauritius, and which will cost us a lot of money.
I think if they could possibly turn back the clock,

(01:21:35):
Kirs Starmer would do so, but of course he can't,
and one day quite soon the real cost will come out,
and the real cost in terms of our relations with
the USA and of course with China getting in there exactly.

Speaker 2 (01:21:49):
So that was where Mirca Rubio came and so Rubio
was a bit squiffy on it based on the fact
that Mauritius has this relationship with China. But be there
does it?

Speaker 3 (01:21:57):
Mate?

Speaker 2 (01:21:57):
Isn't that I was watching stam around. What I said
was the cabinet table. I think yesterday I had some
of the famous and the wonderful way from Eda. Isn't
How's I haven't seen it? My wife here she said
it was boring it. So I mean, it's one thing
to stick it in the school.

Speaker 4 (01:22:14):
I think your wife's got a point. I mean, you're
living in New Zealand. You you don't have to put
up with the kind of rubbish we have to put
up with as as in comparison with most TV dramas
these days, it was intelligent, totally written and well acted

(01:22:34):
and did unravel a number of things about the country. However,
the only thing anyone in this country has taken from
it because of the way the media is is it's
about toxic masculinity. Well, it's ignored is the fact that
this program also touched on the absolute uselessness of our schools,

(01:22:57):
the lack of discipline, the lack of respect of young
people for towards adults. So it's the same as everythid
My people take from it what fits into that political armory,
and the rest is lost.

Speaker 2 (01:23:13):
You're a good bloke. I will see you in a
couple of days. Appreciate it very much. Rod Little out
of Britain for his Tuesdays and Thursdays. It's already eight
forty five.

Speaker 1 (01:23:21):
The like asking Breakfast Fall Show podcast on iHeartRadio, Howard
By News talks.

Speaker 7 (01:23:26):
It be.

Speaker 2 (01:23:29):
Apology. My wife didn't say it was boring, she said
it was painful. What's the difference between boring and painful? Anyway,
it doesn't matter. Rocket Labs make rockets and Auckland Mike, Yes.
And the reason you know that is because that's the
only one. And I read a very interesting article the
other day Finland, Nokia and Finland. Not that this has
got to do with Nokia, but Finland became particularly famous

(01:23:49):
because of Nokia of course. Anyway, theres a growing number
of companies in Finland developing innovations that can assist military
forces and governments and preparing for and reacting to conflict.
So Finland's interesting because, like US, it's got five million people,
and unlike US who have one rocket company, they have
three hundred and sixty eight defense tech companies. Three one

(01:24:11):
hundred and sixty eight defense tech companies. Forty percent of
them are startups and scale ups, many growing at rates
of thirty to forty percent a year. So once again
I ask you and off in site places like Singapore,
and if not Singapore, Ireland, I can now cite Finland.
How is the country with five million people in an

(01:24:32):
industry that's successful, that big and that expansive. When we
basically and there's nothing wrong with growing beef and sheep
meat and growing grapes for wine, how come we're not
in Do.

Speaker 21 (01:24:43):
They have better conditions for growing gun trees?

Speaker 2 (01:24:45):
It's a very good question. It's a very good question, Mike,
US grown and exported to Italy. This is tariff's and
this is the olives. US grown and exported to Italy
in curb twelve and a half percent tariff plus vat
all US produced agriproducts compared to two point five to
eight point eight tariff on Italian olives arriving in the US.
In addition to the basic tariff, VAT is added to

(01:25:06):
the value of the olives plus freight. US olives range
from four to twenty two percent, but are generally around
four and a half percent. Italian customs duties are an
addition to VAT and around four and a half percent.
The EU also places a tariff on these olives, with
a range of four and a half to twelve point
two percent, depending on whether they are prepared, preserved, fresh
or chilled intended for olive oil production. You do the math.
Who has the advantage? Now, you make a very good point,

(01:25:27):
and I appreciate Scott your email, but where it falls apart,
so if you've got a tariff in your export market,
you want to match the tariff for the import market.
I don't like tariffs at all, but I understand that logic,
and you point that logic out on olives, great fantastic.
Where New Zealand has a balanced portfolio, that logic does
not apply. We have no tariffs. There are no tariffs

(01:25:49):
for imports into this country. We are free traders. In
Australia's case, it's even more weird. There is much more
business done from the American point of view to Australia
than Australia into America. Australia should be carved out today
because it's all of all Trump argues that he's looking
for is fair and balanced. It's fair and balanced in
America's favor with Australia. So why aren't Australia carved out?

(01:26:11):
Why do they apply to everybody? And that is where
the logic falls apart.

Speaker 21 (01:26:15):
You don't think he's going to announce that he's going
to give them some of his tariff money.

Speaker 2 (01:26:19):
I don't think so good. We can hang around after
nine you want and carry some have a bet on it.
Nine away from nine.

Speaker 1 (01:26:25):
The make Hosking Breakfast with the Range Rover Villain News.

Speaker 2 (01:26:29):
Togsad Be hems my point. All the people texting saying Mike,
have you seen who their neighbor is? It's not about that.
I mean, it is about that partially, But what it's
about is tech is about global dominance and the ability
to sell stuff internationally. That's why you start up a company.
The fact you've got a rogue operator across your border
is it might be, you know, a starter for ten,
but it doesn't mean that's why you enter a business

(01:26:51):
or grow. Mike, did you read the article yesterday and
finished President's meeting with the Trump? You said, did it's
worth read? I've already read it. He's a golfer. Yes,
he is a golfer. He came away saying it is
what it is, stopped whining about Trump and carry on.
I didn't get that, and I don't think you did
say that. My my inference was he got the impression
from Trump that Russia's in trouble and the war isn't

(01:27:11):
going to last much longer. But having said all of that,
I've got no update. Riad seemed to have come and gone,
wasn't it. We're all heading to read and that came
and went, And as far as I can work out,
nothing in particular has happened, and we're waiting for Russia
to come up with something. Last we heard from Trump,
he was a bit quote unquote angry, very angry, and
quote unquote pestofding.

Speaker 13 (01:27:33):
Now.

Speaker 2 (01:27:34):
I'm sorry, sorry, but trigger have you? They're becoming your
programmed So you had enough of that story, had you, Glenn? Sorry?
Glynn wants to move on. Off we go, Glenn, I.

Speaker 4 (01:27:42):
Just tell what he did.

Speaker 21 (01:27:43):
No, no, Glynn, Please, I really do want to get
out of here.

Speaker 2 (01:27:46):
Why is it called the Micross? I asked that question
all the time.

Speaker 21 (01:27:50):
I asked people ask me that question.

Speaker 2 (01:27:52):
All the times.

Speaker 9 (01:27:53):
Sake.

Speaker 2 (01:27:53):
I do apologize for interrupting what he wanted.

Speaker 21 (01:27:55):
To do next, Angry Trump.

Speaker 2 (01:27:59):
No, no, no, it's just hit the button.

Speaker 3 (01:28:01):
Clean.

Speaker 2 (01:28:01):
Please, here's what.

Speaker 1 (01:28:05):
The home of big brand vitamins.

Speaker 2 (01:28:07):
Now, do you want to do it or shall I? Oh,
you want me to do it? Okay, So anyway if
you want, it's going to be in the Rose Garden shortly.
So the White House just posted this clip. This shows
that Trump has been wanting these tariffs enacted basically forever,
because this was Trump back in nineteen eighty eight with see.

Speaker 23 (01:28:28):
If you can guess, we let Japan come in and
dump everything right into our markets and everything. It's not
free trade. If you ever go to Japan right now
and try to sell something, forget about it, open, just
forget about it. It's almost impossible. They don't have laws
against it. They just make it impossible. They come over here,
they sell their cars, their VCRs. They knock the hell
out of our companies.

Speaker 21 (01:28:46):
And hey, I have.

Speaker 23 (01:28:47):
Tremendous respect for the Japanese people. I mean, you can
respect somebody that's beating the hell out of you, but
they are beating the hell out of this country Kuwait.
They live like kings. The poorest person in Kuwait they
live like kings, and yet they're not paying. We make
it possible for them to sell their oil. Why aren't
they paying us twenty five percent of what they're making.

Speaker 7 (01:29:04):
It's a joke.

Speaker 2 (01:29:05):
His voice has changed slightly, but the energy is still there.
And that was close enough to forty years ago. And
you heard the reference to Aprah, So he used to
appear on Oprah. I don't know that he appears so
much on Oprah anymore. Mind you, Oprah doesn't do what
Oprah used to do. So we'll stand by and the
rose go. I hope my only hope today, and I
fear it's not going to happen. But my only hope
today not that any of this is good, because it isn't.

(01:29:28):
But my only hope today is that there is an
element of clarity about it, so that at least you
can debate tomorrow on the facts and the details. Because
TERRAF shouldn't be complex. They're a bad idea, but they
shouldn't be complex, but my gut says that it's going
to be a bit vague, So let's just stand by
to see what happens. Back tomorrow, Happy Days.

Speaker 1 (01:29:47):
For more from the mic Asking Breakfast listen live to
news talks it'd be from six am week days, or
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