Full Show Podcast: 05 June 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Your source of breaking news, challenging opinion and honored facts.
The Mike Hosking Breakfast with a Veda Retirement, Communities, Life,
Your Way News, togs Head, be Morning and welcome today.

Speaker 2 (00:12):
We have moved from courts so where the backlog has
been cut. So the Grocery Commissioner has a couple of
new ideas to make you trolley cheap. In New Zealand,
Rugby's got a new global sponsor. Matt Payne pops in
from Supercows ahead of purpose Weekend Joes and Italy for us,
Rod does the Mighty UK Pasca and we're underway. Seven
past six. This polling industry, whose only answer to fairly
obvious question seems to be oh, this is just a

(00:33):
snapshot in time, may have trouble explaining the past twenty
four hours of polling in this country. One Tuesday night,
one Wednesday morning, right have completely different results. One has
Luxton the most popular leader. One has Hopkins as the
most popular leader. One has National leading Labor, one has
Labour leading National. One has the current government as the
current government. One has a new government with current government out.
It doesn't get a lot more contrasting than that. Even

(00:55):
if you accept a lot of the numbers are titish.
Some of the numbers aren't even within the margin of era.
It's almost just thoh, the poles aren't accurate. It's almost
as though you could ring up a thousand people and
get one answer, then ring up another thousand people and
get a completely different answer. And if you can do that,
why would you pay money to people who will tell
you these things mean anything? TV and Zaid I guess
at least use commercial money to pay for the stuff.

(01:15):
Radio New Zealand, who seemed to have taken over from
TV three, use our money, taxpayers money, And given they've
just had a budget cut, and given they're losing their
audience at a rate of knots, I'm not sure this
can be classed as quality expenditure. I went to their
website yesterday. The headline was what the Poles are telling
us in seven charts, and there they were lots of color,
lots of lines and ups and downs and squiggles. But

(01:36):
I already knew, given I had seen the charts from
the night before, that either their charts meant nothing, or
if they did mean something, then the other guy's charts
weren't up to much or quite possibly, if we did
the charade for a third time, they would both be
exposed as having shonky numbers. Ah, but they're only a
snapshot in time, except given they were done at the
same time, they aren't are they? So what are they

(01:57):
other than a very large waste of time and money.

Speaker 3 (02:01):
News of the World in ninety second.

Speaker 2 (02:04):
Number nine other meeting over the war in Europe. This
involves a lot of good promises and positive noise. We
delivered to Ukraine ten thousand drones last year.

Speaker 3 (02:11):
We'll increase that tenfold this year.

Speaker 2 (02:13):
Germans, with their new government, rekindled their vigor.

Speaker 4 (02:16):
Produced by your defense industry, these systems will quickly be
in the hands of your armed forces even before.

Speaker 5 (02:24):
The end of the year.

Speaker 2 (02:25):
Well the Ukrainians, so that turns expensive.

Speaker 6 (02:27):
Our partners said that they are willing to fully pay
for all the production from these factories, and that our
partners will even appropriate more funding for this.

Speaker 2 (02:37):
To the other war, where the Israelis continue to run
their line that none of anything is their fault, especially
that but will they shoot people?

Speaker 7 (02:43):
Our troops diligently issued warning shots, and as some of
the suspects continued despite these warning shots, advancing towards the
troops in a threatening manner.

Speaker 2 (02:56):
Then in the Commons labor of view turned on winter heating,
which wasn't at all contray visual or humiliating.

Speaker 8 (03:01):
Today the Chancellor is rushing her plans because she just
realized when winter is so on, behalf of the pensioners,
how many of the ten million people who lost their
winter fuel payments will get it.

Speaker 9 (03:14):
Back by Minister Well, I'm glad to see she's catching
up with what happened two weeks ago.

Speaker 2 (03:20):
Then on the hill, the Senate Budget folks, they're having
a word with everyone's favorite Commerce Secretary Lutnik.

Speaker 10 (03:25):
I just thought, you know, a terrorist attack on an
America a great American stock seemed to require a response
from me, and that's miss Secretary.

Speaker 11 (03:35):
I think probably you would agree that Secretary of Commerce
probably should not often be offering suggestions on stock purchases.

Speaker 2 (03:47):
He was spooking Tesla again. Healthy news or just health news.
National Health and Nutrition Examination Survey. We've got done it
from twenty eight thousand people. So it's a lot. If
you follow a calorie restrictive diet, especially if you're a
bloken fat, you're more likely to have high symptoms of depression.
The quality of the diet seems to be the key.
So the more ultra process, the more fat more process. Generally,

(04:08):
you know salami, let's a refined shooters. That's depression on
a plate. Apparently, what you need is the mid diet
Mediterranean diet balance it out. So if you want to
lose weight, to do it gradually or uses in the
count of you to use the world in ninety By
the way, Trump's had another phone call with Putin. Putin
says he's going after Zelenski after what happened the other day,
which is hardly surprising. So the thing went out on

(04:29):
truth Social but then it got deleted because he probably
didn't want to let the world know that Zelenski and
was going to be in trouble anyway, the point being,
he says he spoke with Putin for over an hour.
It was good conversation, but not a conversation that will
lead to immediate peace, So that's going nowhere. We also
discussed Iran, which is equally seemingly going nowhere. So not
a good day at the office for old Donald. Twelve

(04:49):
past six.

Speaker 1 (04:52):
The Mike Asking Breakfast Full Show podcast on aheart radio
how it by news talks be.

Speaker 2 (05:00):
So the phone call didn't go that well. From then
he got the job's numbers, the big job numbers coming
at the end of the week. But for the private
sector of the job numbers in the US economy not
good at all. Thirty seven thousand jobs for May that
expected about one hundred and thirty, So that's a negative.
To which point he said, Pale needs to cut into space.
But I don't think Pale's listening either. Fourteen pass joy

(05:20):
my will Andrew Keller had good morning, very good morning, Mike.
So there is growth to be found in them red
hills of Australia, but not a lot of.

Speaker 5 (05:28):
It, not much, not much.

Speaker 6 (05:30):
The lucky country is scrabbling for growth. And you sort
of got to put this into context. Make You've got
to remember this is economy that was sort of a
recession free zone for about oh of gosh, it was
about thirty years I think, from the sort of early
nineties right through to COVID. You know, they couldn't buy
a recession in that place. So when they see growth
down here, they all get a bit worried. So there
is a little bit So GDP figures released yesterday for

(05:53):
the March quarter showed the Australian economy grew just zero
point two percent. The previous quarter was at zero point
six and high level, the story was one of a
reluctant consumer, reluctant business investment, they crack down on foreign
students as well and shrinking public spending. On the positive side,
home building was a positive contributor. The thing here, Mike,

(06:15):
is that expectations were quite about higher. They were sitting
at zero point four so in economic terms it was
a bit of a miss. So year on year the
outcome one point three percent, one point five percent expected,
and this I guess it plays into the camp over
there that.

Speaker 5 (06:29):
Are expecting the RBA to cut the cash rate.

Speaker 6 (06:32):
Sitting at three point eight five, they're looking for drop
to three point six. Unfortunately, this situation is a little
bit different over there because there isn't consensus around that
call that statistical bugbear that we are very used to,
the old GDP per capita. Well, the negative GDP per
capita is a thing across the Tasman as well, minus

(06:52):
zero point two for the quarter, that is in terms
of GDP per capita. Because they had the big migration
surge as well that's now the nine decline over the
past eleven quarters cycle, and Alfred didn't help. That caused
that bad weather caused less activity, and your important mining
and tourism sectors just roll of the federal government. I

(07:12):
think is interesting cause central government has been a big
part of GDP growth over the last couple of years.
Treasurer of charmers he's trying to transition the economy to
one of private sector lead growth as opposed to just
just the government. That's not evident yet, but it does
look like the Aussies are being sort of quite cautious, Mike.
If I look at their household incomes, real household incomes,

(07:32):
they're growing faster than consumer spending. So they're obviously being
cautious with the money that's that's in their pockets. But
that does suggest that at some point you've got the
conditions that consumer sentiment should improve because they are actually
getting more money than they're spending.

Speaker 2 (07:49):
Well, you would hope so. And then again to that backdrop,
you get this float of virgin So I can't remember
the last time a plane company floated far least one
that had collapsed already. So where are we going this?

Speaker 6 (08:00):
Yeah, this is quite I thought this was quite interesting
because if you're brave, you can now invest in Virgin
Airlines again. I mean, this is back to the future stuff.
In twenty twenty, Virgin Airlines collapsed and it was scooped
up by a private.

Speaker 5 (08:12):
Equity player, this bank capital.

Speaker 6 (08:14):
Now they're releasing it back into the wilds of the
stock exchange. They've announced an IPO initial public offering, so
six hundred and eighty five.

Speaker 5 (08:20):
Million Ossie dollars worth of stock.

Speaker 6 (08:23):
They're putting thirty percent of the company back into the
public at two dollars ninety a share. That would give
the company a market capitalization of over two billion dollars.
And you're dead right. There's not been many IPOs lately anywhere,
certainly no airlines.

Speaker 5 (08:37):
So this is the largest I think that I saw it.

Speaker 6 (08:39):
Quote something it was the largest airline IPO in Asia
and the Asia Pacific region for over a decade. Reportedly
very strong demand for the shares mic. The initial price
is attractive if you compare it to the valuation of
say Quantus, But the other thing, Mike isn't aside. This
is really testament to the recent strength of the Australian
share market. Which and start contrast to the New Zealand

(09:01):
share market. But since that globe will sell off in
early April, you know, Liberation Day, and then April the second,
April the ninth, the markets kind of fell out of bed.
Since that point, the ASX two hundred has lifted sixteen percent.
I mean it's hitting it's getting very close to all
time highs. So these are that's the sort of.

Speaker 5 (09:18):
Conditions you want when you launch an IPO.

Speaker 2 (09:21):
You want that tail when you are you're buying the market,
you're buying the story of the airline.

Speaker 6 (09:26):
Yeah, but I suppose what it does is it just
gives you the tail when I think you've always got
to be We can't obviously give stock advice over the radio,
but I'm always a little suspicious of investing into airlines.

Speaker 2 (09:38):
They are to travel mate if they do, you know,
and they're investing in the front end of the plane
and all that sort of stuff. So if you want
to pay twenty grand to fly around the world in
first class, there seem to be no shortage of people
doing it. Go for it, Go for it, right. What
are the numbers so the overnight.

Speaker 6 (09:54):
You've mentioned those employment numbers, which mister Trump's not very
happy about once lower interest rates. They also had I
some services week of then expected the year at the
so we've had interest rates fall quite a bit in
the US overnight.

Speaker 5 (10:06):
The sheer market is up.

Speaker 6 (10:07):
The Dow Jones is up forty seven points forty two thousand,
five hundred and sixty seven. That's about point one one
of a percent, the S and P five hundred up
point two nine percent five nine eighty seven, and the
Nasdaq as I look at it is up eighty one
points point four two percent nineteen thousand, four hundred and eighty.
The other markets, the FORTS one hundred gained fourteen overnight

(10:28):
eighty eighth one, that's about point one six percent.

Speaker 5 (10:32):
The NICK was up three hundred points point.

Speaker 6 (10:34):
Eight percent thirty seven thousand, seven hundred and forty seven.
Also a fourteen point rally in the Shangho composite three
three seven six. The ASSIS gained seventy five points yesterday
point eight nine percent eighty five.

Speaker 5 (10:46):
Four one the close.

Speaker 6 (10:47):
Then we had a we had a storming day on
the ens of X fifty up one hundred and sixty
seven points one point three six percent, twelve thy four
hundred and ninety four US dollar is weaker overnight, so
the Qi dollar stronger against the US point six to
oh three three against the US point nine two eight
three against ossie point five two eight to.

Speaker 5 (11:06):
Euro point four four four nine against.

Speaker 6 (11:08):
The pound eighty six point one six Japanese y end
gold three thy three hundred and seventy nine dollars and
bring through it a little weaker sixty four dollars and
seventy nine cents.

Speaker 2 (11:17):
Good stuff, so you tomorrow. Andrew Kelleherjmiwealth dot co dot
z fask in video speaking of the shermark and video
has gone up twenty four percent stockwise in the last month.
What's the relevance of that. Well, they have regained their
market cap prize of being the most valuable company in
the world. They are back worth This is American money
three zero point four to five trillion dollars six money

(11:40):
and chips six twenty one NED news talk z BO.

Speaker 1 (11:47):
The Vike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (11:53):
B from our trouble at mill File the Dutch government
which I told you this time yesterday at fall and
I because walked out problem as they're hosting a NATO's
summit in three weeks, and you generally want a Prime
minister to say, hey, welcome to Holland and all that
sort of stuff. Anyway, the guy Scolf, Dick Scoff, he
quit yesterday, so they sort of don't have anyone running
the place. All these people are going to turn up

(12:15):
and it's fairly important because the big pushes on in
NATO to try and get up to five percent of
GDP on spending by twenty thirty two. And if there's
no prime minister and there's no government and they all
turn up and the canna pay as a cold, that's like,
you're probably not going to achieve anything. Meantime, in Tasmania,
I became momentarily fascinated by this yesterday. No one covers Tasmania,
not even in Australian media generally. But the guy who

(12:35):
runs Tasmania is a liberal, and that's rare these days
in Australia. It's all run by Labour people. Anyway, his
name's Rockcliffe. He's a minority and a minority government and
that government fell apart as well because the opposition, or
they're about to fall apart. The opposition said voted no
confidence please that got the numbers. So they had a
big debate yesterday and that finished at seven thirty last night.

(12:56):
Nineteen to thirty five speakers have spoken. Resumes at ten
o'clock tomorrow morning. It looks like they've got the numbers
to roll them. So it looks like Tasmani is going
to go back to the polls. Only had an election
back in March of last year, so that's a mess
as well.

Speaker 1 (13:06):
SEX twenty five trending now with Chemist Warehouse celebrate big
brands and biggest savings.

Speaker 2 (13:13):
I haven't heard this, but I think it's going to
be stupid, so we've got to study. Out of the
University of Zurich, they have found what they're calling the
scariest sound of the world. So what they did, these
scientists is they played a whole bunch of sounds to
some volunteers to see how their brain reacted. And the
winter turned out to be a thing called the az
Tech death Whistle, which is a fantastic name. So even

(13:36):
if what you're about to hear and I haven't heard
it either, you you and I hearing this together. Even
if this turns out to be crap, which I suspected,
will The as Tech death whistle is brilliant name anyway.
So it's an instrument shaped out of a human skull,
which is even cooler, and what warriors would play it
before they went into battle? And you're immediately asking, well,
where did they get an as Tech death whistle from?

(13:56):
Good question. They three D printed.

Speaker 12 (13:58):
It, just like the as text did exactly.

Speaker 2 (14:01):
They were the early three D printers, weren't they. I
think they found it on a rock set the time
of me. They very very much. Okay, So I built
this up this bitter be good. Sam, Sam's done this.
This from the sand. This from the Sam Karen School
of Created Radio.

Speaker 12 (14:13):
This is from the Sam. Now just hear me out.

Speaker 2 (14:15):
Yeah, justiction here we are. This is the Aztec death
wish whistle. Sounds like a drill, doesn't it. They describe
it as a mix between the scream of a thousand corpses,

(14:38):
which it wasn't, and a spooky gust of whistling win. Well,
that's not true either.

Speaker 5 (14:42):
It's a drill.

Speaker 2 (14:44):
Go down and get a makita do the same thing.
Hold on, honey, let me just let me just drill
this and I'll be with you in a minute. There
you go, no worries se.

Speaker 1 (15:00):
Use this next, the news and the news makers, the
mic asking breakfast with the range rover, the la designed
to intrigue and use togs dead.

Speaker 2 (15:10):
Beth Whistle went well, got the attention to one of
my two dogs. Mike sounds like a girl screaming God.
This is horrible. Lives up to its name. So there
we go, Mike, excellent, You've just given me the name
of our Twilight Bowls team, the as Tac Death Whistlers.
I like it. Twenty three minutes away from seven, Macron
Maloney got together. Things seem to have gone well. We
previewed the meeting last week with Joe and they've had

(15:32):
a little taisong letty tension. Anyway, we'll get the update
on that shortly meantime. Back here, It's not like we
didn't warn you. We've got more insurance increases coming our way.
The government has a shortfall at the Natural Hazard's Commission,
which once upon a time is called the EQC. At
this stage, it looks like we're going to be paying
another two hundred dollars per year per household.

Speaker 9 (15:48):
No.

Speaker 2 (15:49):
Chris Farvoy is the boss of the insurance Counsel and
is back with us Chris morning to you.

Speaker 13 (15:53):
Good morning Mite.

Speaker 2 (15:54):
So this isn't really your fault, is it.

Speaker 13 (15:57):
No, it's not, but it is necessary and I think
you know in the Herald this morning, Midstine was I
think trying to strike the right balance of making sure
that the Natural Hazards Commission has got enough money in
the cakey there. But also I think he's aware of
the cost of living pressures on consumers and how people
feel about that when it comes to their insurance premium.
So you know, it's one of those things we need

(16:18):
to make sure it does have money in it because
it's the first one to pay out, the Natural Hazards Commission.
But at the same time people are finding things difficult
at the moment.

Speaker 2 (16:28):
Doesn't make it easier for you because the more they
pay out, the less we tap.

Speaker 13 (16:32):
You look that they are aways going to pay out
a said amount, and so you know, making sure that
they've got enough money to pay that is obviously important.
If they didn't, then it would fall on the government,
so taxpayers would put the bill anyway, But before private
insurance companies can pay out, the Natural Hazards Commission has
to pay out. So really in the way that that

(16:54):
the market is structured. That's really important that I think
that the thing here is obviously the impact on consumers themselves,
and from our perspective, when prices of premiums go up,
people have to make some difficult decisions sometimes, So we
want to make sure that people maintain the appropriate level
of insurance cover for them because I think the last
thing we want to have is people under insurance, so

(17:16):
not having enough insurance to replace what they've got, but
you know, and at the worst case scenario, having no
insurance at all, So that would make pretty difficult for the.

Speaker 2 (17:24):
Worst and New South Wales very closely where you're looking
at areas we're now in Australia where you can get
insurance but at forty five thousand dollars for a premium
per year, no one can afford it. Obviously, how close
to that are we here in certain parts of the country.

Speaker 13 (17:39):
Oh look, I think if we look at risks across
the board, if we don't do things to reduce the
risk over time because of what we're expecting, whether obviously
seismic has always been there, then insurance are going to
be a tougher ask. So one of the big things
that we've pushing for is what are we doing to
make sure that we're doing as much as we can
to reduce the risk of flooding for some areas which

(18:00):
are highly likely to be flooded more regularly and more severely.
We've had a big wake up call a couple of
years ago, So a big push from us is what
are we doing to get ahead of this? What infrastructure
can we build? Obviously prior signals are there as well,
how we build planning. You know, we've got to stop
building and done places. If we know they're going to
flood regularly, then let's stop doing that.

Speaker 2 (18:22):
But that's the problem, isn't it. In places we are
still building, and that brings you it's too convoluted because
you've got you guys in insurance, you've got central government,
and then you've got local government of course, and they
do something and you go, we'll hold on. That's no
good and central government goes, no, we shouldn't do that,
and next thing, you know, all you do is sending
me a bill.

Speaker 13 (18:38):
Yeah, there's a lot at the end of the tunnel.
The government's looking at some work being led by a
climate change of Minister Simon Watts. When we've been party
to that. The banks and local government have been part
of that. One of the big things there, hopefully is
some reform of how we plan and decitisens we're making
about land, you, so we don't make things worse. I
think we've had generations of building and places where probably

(18:58):
haven't been that smart, and we've got the science now
and the ability to do something about it, so I
hopefully we can get ahead of it at the moment
on the current setting, as we're just doing what we've
done and making things worse.

Speaker 3 (19:09):
And at the end of the day, you know, there's.

Speaker 13 (19:11):
Big payouts from private insurance companies and governments to compensate
where these things are happening.

Speaker 2 (19:16):
Good on you, mate, nice to catch up. Appreciate it.
Chris barfoyx CEO Insurance Council of New Zealand, nineteen minutes
away from Sevenscargory Taylor Green from our gormless Moron file
this morning. Turns out she didn't read the big beautiful bill.
The big beautiful bill. They've crunched the numbers this morning.
It's going to add two point three trillion. Seems a
remarkable thing that a conservative would want to add to
the debt. But nevertheless, that's what it's come up at

(19:36):
two point three trillion. She didn't read the entirety of
the bill. She now claims if she had, she would
have voted against it. She was unaware of a specific
section that would prevent states from regulating artificial intelligence systems
for a decade. Full transparency. I did not know about
the section on pages two seventy eight to two seventy
nine of the bill. I am adamantly opposed to this,

(19:58):
and it is a violation of state rights, and I
would have voted no if I had known it was there.
Eric Swowell, who's a fellow representative, said, you had one
job read the effing bill. So things are going well there.

Speaker 1 (20:13):
Eighteen to two the Mic Hosking Breakfast Full Show podcast
on iHeartRadio powered by newstalksp.

Speaker 2 (20:21):
These are very good points and questions, Mike. Given I've
chosen not to live on a floodplaine or earthquake risk area,
will there'll be very few parts of the country that's
applicable to having paid a premium to do so. Is
it fair that my insurance bill goes up? Well, you
insurance bill won't necessarily go up specifically based on that
because premiums vary, but the government business is different, and
you make a not unfair point. And then we come

(20:42):
to the mic, this press secretary who's resigned. I wonder
why sometimes people are named and shown while others maintain
their privacy when accused of crimes such as rape and murder.
That's not a bad question, but there's a very simple
answer to that, and I'll come back in a short
in a second six forty.

Speaker 14 (20:57):
Five international correspondence with's it Eye Insurance Peace of Mind
for New Zealand Business Litily mean.

Speaker 2 (21:03):
Jim by Joe McKenna, Good morning to you, Good morning
mane right, let's do this one to teen my scale
of one to ten ten. They ended up holding hands
and dating one They hate each other Maloney and Macron.
How did that go?

Speaker 9 (21:14):
Ooh?

Speaker 3 (21:15):
I don't know.

Speaker 4 (21:15):
It's a tricky one to read this relationship, as we've
talked about in the past. But this meeting between Emmanuel
Macron and the Prime Minister Georgia Maloney was meant to
last an hour. It went for three hours. It was
a working dinner. So shall we give them a seven
out of ten?

Speaker 2 (21:30):
I reckon that's not too bad. Were substantive matters covered.
Was anything decided or they just had dinner?

Speaker 4 (21:36):
Well, they talked about Ukraine, illegal migration, tariffs, and European defense.
But an insider told me tonight that Maloney was basically
saying to the French president, what are you going to
do for us? So it sounded like she was coming
from a very strong position and looking for some economic
relationships there beyond these big issues that they'd talked about.

Speaker 2 (22:00):
Where where do they have dinner? Do they do it
at the President's place or is she got a nice
place or what happens here?

Speaker 14 (22:06):
Well?

Speaker 4 (22:07):
I think they did it at Palazzo Kidgi, which is
her official residence. Nice probably for security reasons as well.

Speaker 2 (22:12):
Okay, fair enough. Then we've got the Upper House who
have got what these security decrees? So protests, what are
they looking to achieve versus squatters? I mean, what are they?
I mean, there's separate things, aren't they.

Speaker 4 (22:23):
Well, I do think this is an indication of the
harder line that we see from Maloney's right wing coalition government.
So they're making it much more difficult for protesters to
block streets. There are new crimes against revolts in prisons
and migrant attention centers punishing acts of what they call
passive resistance and against people who do squash in private

(22:47):
property such as social housing.

Speaker 10 (22:49):
So some.

Speaker 4 (22:53):
Legal cover for actually this is quite interesting legal cover
protection for army or police office who are opposing these
protesters as well. So I think it's an indication of
this right wing government. We don't see or every day
what they're doing in terms of their harder liigne, but
this is certainly an indication of what the Maloney government's

(23:13):
on about.

Speaker 2 (23:14):
And does this cause out cry or not.

Speaker 4 (23:16):
There has been major protests across the country about this,
and certainly some pushback from the center left opposition, but
with the majority in the government, the Maloney government was
able to push that through quite easily.

Speaker 2 (23:31):
Okay, so you've got riff it now. It do explain
that I'm endlessly fascinated with a referenda. So you've got
five of them coming up. Are they binding or non binding?
In general? Do a lot of people turn up or not?

Speaker 4 (23:43):
Well, generally they don't, and that's always a problem, as
we know with any kind of referendum. But the Prime
Minister has sparked outrage. She's saying she's not going to
vote these referenda were put forward by the center left,
and one of them is about reducing the time it
takes to become a citizen in Italy from ten years

(24:03):
to five. So she's certainly pushing back on that, and
she's saying she's going to vote informally, so we'll see
how that goes. I think the main issue is getting
people out to vote, especially when the sun shining and
it's nice and warm to way.

Speaker 2 (24:18):
We've got in particular system here. If you drum up
ten percent of the voters in this country, so you
stand on a street corner and get people to sign
their names, and you get an next percent of the
registered voters, you can have a referendum, and the referendums
tied into the election, but it's non binding, so nothing happens.
Does anything ever happen out of any of these at
your place or not?

Speaker 4 (24:37):
Well, since I've been here, I don't think any of
the referendum have been improved, So I must say I
don't really know the answer to that one, but they
certainly need fifty percent plus one to get a quorum.

Speaker 2 (24:49):
Is spring there? Is it hot? Is it beautiful? The touristic?

Speaker 4 (24:51):
It's getting lovely? And warm, and it's certainly a beautiful
beach weather this weekend.

Speaker 2 (24:55):
Fantastic, all right, go well, John McKenna in that, by
the way, just before we leave the euro Zone, Bulgaria
overnight has been given the sign off to join the Eurozone,
which is exciting. So suddenly it will be a group
of twenty one, not twenty had to meet civil criteria obviously,
so the European Commission and the European Central Bank has
a look at them, sizes them up, sees what sees,
what they're like or not like, and they've given them

(25:16):
the big TIXO. As of jan one next year, they're
in ten to seven.

Speaker 3 (25:20):
The Mike asking Breakfast with Bailey's Real Estate News.

Speaker 2 (25:24):
Togs the seven away from seven to the very good
question in a moment ago about this press secretary's gone
and quit and how come some people get named and
shamed and all that sort of stuff. Well, the answer
is relatively simple. The bloke hasn't been charged, and you
need a court involved in a process and you go
for name suppression, and given he hasn't been charged, he's
not going to court. There is a question mark as

(25:46):
to whether the Prime Minister should have been told sooner.
But given he's not going to court, he's just a
bloke who did something stupid and quit, so therefore he's
in the public domain. The thing that fascinates me and
Sammy and I were talking about this this morning was
we don't know him. Sam knows him? Do you know
him or not? Really, you don't really know him. You
work with him. I know of him. I mean, you

(26:08):
can't be in the Prime Minister's office and be in
this business without sort of Oh it's him, one of
those guys anyway. Point being, and this is just my
particular fascination with work ethic, which seems to have gone
down the drain in recent years in this country and
as far as I can work out right around the world.
But the point being, how is it that you're in
the Prime Minister's office. I mean, you're in the Prime
Minister's office. For God's sake. I would have thought that

(26:31):
would be a relatively busy job, requiring quite a few
hours pretty much twenty four to seven. Some of us
work most of the hours of the day because that's
sort of the job we have. It is what it is.
It comes as a surprise to me that a person
who works in the Prime Minister's office, has got enough
time to wander off and do the extra curricula that
he allegedly was off doing.

Speaker 12 (26:52):
And he's saying the Prime Minister in New Zealand, though, yeah,
it was not like a real country.

Speaker 2 (26:55):
I would have thought it was a proper job. I
mean he was the deputy I couldn't remember what was
the title they gave him, the deputy chief fill in,
part time, third tier down the I don't know what
the hell it was. But anyway, the point being, if
you end up being in the Prime Minister's office, I
would have thought it was a seven day a week
job of not twenty four hours. I mean, you wouldn't
have your phone on silent like the guy at Heathrow,

(27:16):
would you. I mean that's the you wouldn't have your
phone on silent, far less be off. You know, I'm
not passing any moral judgment. I'm just saying that from
a work point of view, there are too many people
slacking around these days, five minutes away from seven.

Speaker 3 (27:30):
For the ins and the ouse, it's the fiz with
business paper. Take your business productivity to the next level.

Speaker 2 (27:37):
Job data, who's earning, what, what's hot? What's not Seek
have done the numbers. They've crunched the numbers for us
this morning, we've got the top ten rolls that have
seen the fastest advertised salary growth in the past year.
So number ten marketing executive. He pays up ten percent
average at eighty one thousand dollars. That appealing to you, you
think in oh, yeah, Number nine maintenance technician, that means

(27:59):
you play with machinery a lot. You'll pays up over
ten percent ten point three I do, no, so, oh
it could be actually, yeah, it could be seventy two
thousand dollars. Is it a bit more than you? In
a little bit more than you? In technical head for
comms of tech companies, you pays up ten point three
percent average pays one hundred and fifty seve Is that
what you one hundred and fifty six, you're on big money?

(28:21):
Glenn one undred and fifty six. Therapist, that's what I do,
pays up ten point six percent, average pays ninety.

Speaker 12 (28:29):
Five and a half million patients.

Speaker 2 (28:32):
Exactly. Project engineer, you're up ten points six averages one
hundred and twenty one. Data analyst? Are your up eleven
point one percent? Average pays it says, yeah, that's exactly
what he does. Crunches the numbers. Ninety eight thousand dollars.
Data engineer, which is different to a data analyst, pays
up eleven point six you're earning one hundred and thirty
two grand. Systems administrate. These are all jobs. I don't

(28:53):
even know what they are. They just crap jobs that
have been invented.

Speaker 12 (28:56):
It's like as you go up the lists, they're becoming
more or more opay exactly.

Speaker 2 (29:01):
So, systems administrator, you're earning ninety seven k.

Speaker 12 (29:04):
In what Jason does.

Speaker 2 (29:06):
It could be he's up twelve percent. Security officer. See
I get that security officer, you're up almost thirteen percent.
You're earning fifty six grand. A yeah, that's crap money.
You need better money than that. Retail branch manager up
fifteen point three percent. So that's a response there you go.
That's a direct response to the industry not being able
to find good people. You've simply got to pay people more.

(29:28):
So you couldn't get anyone to stand behind a counter,
so you pay them fifteen point three percent more, and
you're averaging eighty four thousand dollars to stand behind account
Halle what No, we don't have any others.

Speaker 15 (29:41):
No what.

Speaker 2 (29:46):
No, they'll be coming you next Tuesday.

Speaker 12 (29:48):
I think we're docking. You'll pay after.

Speaker 2 (29:49):
It us for you. In a couple of moments, I
have good news from the courts. The Minister of will
be livers up to the news which is next.

Speaker 3 (30:00):
The only report you need to start your day.

Speaker 1 (30:03):
The mic casting Breakfast with Bailey's real Estate, your local
experts across residential, commercial, and rural news togs had been.

Speaker 2 (30:11):
Seven past seven. So I got some good news from
the court system. The backlog's being tackled in Auckland. It's
now down by twenty six percent. We got eleven percent reduction.
Nationwide jury trials have always also reduced by eight percent.
Nicole mcke's the Minister fore Courts and is with us. Nicole,
good morning, Good morning Mike.

Speaker 9 (30:27):
Did you know?

Speaker 16 (30:28):
Isn't it?

Speaker 2 (30:29):
It is good news? Did you set targets and if
you did you meeting them or has this just happened?

Speaker 16 (30:35):
Well? The target that we set as the act party
was to say we wanted to come in and look
after victims of crime. When we wanted to set a percentage,
it was very hard to do because we had these
weather events, we've had delays with COVID, and then we
found that when the courts got back up and running again,
the number of events or court appearances that a person

(30:57):
had also increased, so it was hard to set the percentage.
What the District Court, sorry, the District Court chief Justice
did was set targets for himself and more for the
district courts, and it's the first time he's ever done that,
and we're starting to get there. We're seeing the improvement,
we're seeing the backlog drop, and it's not just his targets,

(31:20):
but it's all the legislation that the government has put
through with Act At the Helm, we're feeling really confident
that we're making these good changes for victims, for people
that enter the court system, and these reductions are coming down.
So the targets that the Chief District Court judge has set,
they are the ones that we're going for. They're pretty aspirational,

(31:41):
but I think we can get there, and the outcomes
that you've just delivered with the percentages and reduction are
really quite outstanding. Even the High Court probate cases, we
had only nine percent resolved within fifteen days and twenty
twenty three, but that figure rose to thirty three percent
twenty twenty four and it's now sitting at eighty four

(32:02):
percent in twenty twenty five. So the legislation we've put
through the the KPIs that the judges have set for themselves.
We're getting there and we're getting this backwog underway, which
means victims are getting through their cases quicker, easier, and
we are supporting all those people out there who have
to enter the duster system and find it really stressful

(32:24):
to do.

Speaker 15 (32:24):
So good.

Speaker 16 (32:25):
It's such good news, Mike.

Speaker 2 (32:26):
Good stuff. Nice to talk to you, appreciate it very much.
Our jury trials down to eight percent. Nicole and the Key,
who is the Minister for Courts. It's ten minutes past
seven Parlierance returns the day to the business of the
Mary Party and their privileges sanctions. When we left it,
of course, in Adderman had been called so the budget
could get its day and the sun. Chris Bishop's the
Leader of the House, of course, and he's with us. Morning,
Good morning. The debate. Is it going to be any
less messy now that we've had a couple of days

(32:48):
to cool down, or are we just going to have
one hundred and twenty three people saying one hundred and
twenty three different things moving amendments than one hundred and
twenty three people saying something different.

Speaker 3 (32:56):
Well, let's wait and see them.

Speaker 5 (32:57):
Let's hope.

Speaker 17 (32:57):
So, I mean, I just want the debate over and
done with. Frank, I think it's time to get back
to some real issues facing the country. We know we
need to deal with the issue, but let's face it,
this is a distraction. We've got an economic economy that
we need to start growing again, and so my hope
is that we can deal with the issues swiftly at
parliaments afternoon.

Speaker 2 (33:14):
Will we be filibustering? Do you reckon? Well?

Speaker 17 (33:18):
I suspect that there will be a bit of it
from Labor and the Greens.

Speaker 2 (33:21):
I mean they say they're not going to, but who knows.

Speaker 17 (33:23):
I mean, one thing is that I moved on Tuesday
that we Parliament's meant to finish at six o'clock on Thursday,
so the debate would stop if we hadn't voted, and
so I said, well, look, let's just keep going onto
Thursday night and Friday if we have to, because we
just need the issue dealt with, and Labor and the
Greens are not supportive of that, so we'll sort of
tend to indicate that they're going to have a I

(33:44):
don't know, I think play a bit of politics with it,
which is a bit frustrating.

Speaker 2 (33:47):
Okay, what I don't understand about Labor. Why are they're
busy defending the Maray Party. I mean, what's it to them?

Speaker 3 (33:52):
Well, that's really a question for them.

Speaker 17 (33:54):
I mean, at the end of the day, these guys
are all peas in a pod, Labor, the Greens, to
Party Maria, and they're going to line up together as
taxes and you know, put the economy into recession again.
So they're all there are all much of a muchness in
some senses. So and I think, you know, Cursipicins knows
that ultimately, if he gets some numbers together, will have
to be with the married party. So and I think
that prospect should skin is illinder.

Speaker 2 (34:15):
What surprised me. I thought I knew what was going on,
but this proof. I thought the Privileges Committee was the
court of the House. They made a decision. It is
what it is. It's not like you get to debate
a court decision regularly. How is it we get to
have a debate what's the point of the Privileges Committee
if you second guess them.

Speaker 17 (34:32):
Well, the standing orders provides that once the you know,
the committee has just decided, it gets endorsed by the House.
Now in the ordinary course of events, the Privileges Committee
is unanimous or near unanimous, and then it all just
kind of sails through and everyone kind of agrees on it,
and it all goes away. You know, I think about
duty and genta to vandom all on those things other

(34:52):
committees in the past. This one's a bit more, a
bit different because you know, basically the dividers, the governing
parties want her pretty you know, it is admittedly a
severe punishment twenty one days and you know Labour and
the Greens and to Party Mary obviously you know, basically
want to slap on the you know, sleep with a
wet bus ticket. So and it's sort of hard to

(35:13):
meet in the middle. Not on either side will give.

Speaker 2 (35:15):
So you know, we are where we are, Okay, we'll
see how I done plots. Appreciate Leader of the House
Chris Bishop with us this morning. It is thirteen minutes
past seven tasking. She didn't mention Mike the bloody hard work.
The registrars are doing to reduce waiting time. Will if
she didn't, I'm sure she meant to. And if you
are a registrar and you are working bloody hard and
you are reducing the right time, we are grateful for
your work. By the way, slightly weird, but we'll do

(35:35):
it anyway. I gave you the news yesterday tourism later,
in fact, tourism in just a couple of moments I
didn't realize, but Milford Sound was going to be closed
down to cruise ships, which seemed to me to be
the stupidest idea on the history of stupid idea has been.
Anyway more in a second, and we gave you the
prize yesterday. Auckland is the best place in the world,
followed by Wellington to fall asleep if you're a tourist.
This morning. We have the Global Business Complexity Index Business

(35:59):
and PRIMIT, of seventy nine jurisdictions covers ninety four percent
of the world's GDP. There are two hundred and fifty
indicators of business complexity that they looked at. So, in
other words, you want to be at the bottom of
the list. You want to be right down at seventy
nine and the Cayman Islands, I think, for probably spurious reasons,
turns out to be a very easy country to do business.

(36:20):
And but once again New Zealand is right up there
at seventy seven, so we're extremely easy to do business,
only beaten by Denmark and the aforementioned Caymans. Worst countries
in the world Greece, France, Mexico, Turkey and Columbia. So
we're actually having quite a good week Little Old New Zealand.
Thirteen past.

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

Speaker 2 (36:43):
At b we're just working out whether it's Gallagher or
Gallagher eighty seven billion dollar market cap, so they're the
new sponsors for the All Blacks Insurance Company, so it's
a big deal. So we'll get Mark Robinson back on
the program before eight o'clock this morning. I've got some
good news seventeen past seven, by the way, good news
on two given. Just yesterday we had yet more numbers
that reminded us were still not back to where we

(37:04):
were post COVID and we're dragging the chain of it here.
So the government's rejected a plan to ban cruise ships
from entering Milford's Sound. Now, the idea has been around
for several years. They want to close the yestrip as well,
the claim being the ships blocked the scenic views of
land based visitors. So Jackie Lloyd is the cruise Association's
boss and as well as Jackie morning to you.

Speaker 18 (37:23):
Good morning mate.

Speaker 2 (37:24):
So a good move, very good move.

Speaker 18 (37:26):
We're delighted with the outcome.

Speaker 2 (37:28):
Okay, So did you have to lobby or was this
just a government who wants to get on with tourism
and it was sort of a phato complee.

Speaker 18 (37:34):
I think it's been a mix of both. Over the
last four years, we've definitely been lobbying and advocating for
cruise access. There's been an agreement with Environments Southland that
all the cruise lines sign up to to ensure that
there's managed accessenter the sound. So a lot of that
work had already been done and now we have a
government that's very interested in tourism growth. So it's the
stars are aligned, if you like.

Speaker 2 (37:55):
Where does Milford sit in the grand scheme of things
tourism wise? Four cruises in this country.

Speaker 18 (38:02):
It's very similar to land based. You see the amount
of people that want to get to Melford when there,
when they're coming to New Zealand. It's an icon of
a New Zealand itinery, be it on land or by sea,
and certainly a critical port call for both New Zealand
and South Island itinery. So the option to possibly lose
Melford meant that we could see a reduction further reduction
and cruise visits to New Zealand and certainly to the

(38:23):
South Island.

Speaker 2 (38:24):
This business. They wanted to close the airstrip, and I
think the astrip was a bit dodgy, but they know
they've got some money now to do something about it.
I mean, are people anti tourism? I mean to close
in the airstrip and prevent a ship from going in
one of them? I mean, you're just asking for trouble,
aren't you. I mean you either want to grow the
country or you don't.

Speaker 18 (38:39):
You do, you did right, But it's it's the need
to be managed about it.

Speaker 15 (38:43):
You know.

Speaker 18 (38:43):
The cruise ships don't just arrive on the day. There
often booked two years in advance. As I said, there's
an agreement with Environment Southland on the locations they can go,
the timings that they can enter the sounds the amount
of ships that can be any part of humand at
any one time. So it's not just a willing nellie.

Speaker 19 (38:59):
Tourism.

Speaker 18 (39:00):
It is managed and I think the airstrip is the same.
As long as tourism is managed, I think that we
have a really good focus going forward.

Speaker 2 (39:06):
All right, Jackie, nice to talk to you. Jackie Lloyd,
who's the new Zealand Cruiser Association and boss pro on
Nicole mcke's getting a little bit of heat this morning, Mike.
She didn't mention JP's who disposed a huge amount of
mindor court matters and courts every day for free, no pay,
goodness sake mortgages. By the way, I note that ASB
joined A and Z gave you the A and Z
numbers yesterday, ASB today ten points down on the eighteen

(39:29):
month fixed, we're down at four eight nine. That matches
A and Z. Is that competition or is that a
stitch up six month fixed fourteen basis points down to
five four five one year four basis points down. I mean, honestly,
four come on, four nine to five. Largest decrease is

(39:49):
the three year fix that's dropped twenty basis points to
five one five but you know, my feeling is about
things that start with five. Not happy with them. Grocery commissioner.
Have we ever had the grocery We had the grocery
commissioner on when he first got the job, didn't we
And we said congratulations per year, you've got to call job,
go do something, and we haven't heard from them since.
Hill like, that's not true. But anyway, he's got a
couple of ideas around the supermarket business and we'll get

(40:10):
stuck into those after the News seven.

Speaker 1 (40:14):
The Mic Asking Breakfast Full Show podcast on iHeartRadio call
it by News Talk Seppy.

Speaker 2 (40:22):
Now, if you're looking at solar, you want to deal
with the trusted company, obviously, and Harrison's are your people.
Harrison Solar. They've been vote to the most Trusted three
years in a row, for goodness sake, most trusted retailer.
They're the country's largest residential solar company. They can offer
unparalleled support and expertise. You've probably heard about the imminent
power price increases. Because here we go for another winter,
now is a great time to take advantage of Harrison's

(40:43):
special offer on the most popular fourteen panel system. So
each home has its own needs obviously they'll recommend the
system that bessuits you, and they're not going to be
beaten on price either. Harrison's Solar offer basically world leading
products with big strong warranties like the ico Icoa, the
icosolar panel that's the most powerful, little and efficient panel.

(41:03):
If you're serious about future proofing your home, you might
want to look at a battery, so you got the
Tesla Powerball three or the Give Energy battery. There. You
can take advantage of their bank Sustainable home loans. You
got zero percent interest for up to five years, so
it's all good. It's all good with solar. At the moment.
Harrison's Solar dot co dot NZ is where you are
heading scale. These cruise ships coming to Milford Sound for
about half an hour to an hour twice a day

(41:25):
and have very small impact on the scenery as they're
very small in relation to the majestic mountains. Don't know
yesterday we should have raised it with Louise Tourism Minister.
But I mean, really they're sort of a group of
people who just don't want this country to get ahead.
I mean, what's the point of having beautiful scenery if
you don't want anyone to see it. You can't have that.
I live here, I've lived here for thirty seven years,
and you can't come in and look at it. Seven

(41:47):
twenty four, there seems to be increasing reportage. I don't
know if you've noticed, based around some new research that
our dream of being smoke freeze up in smoke. As
it turns out now this is the year if you
didn't realize twenty twenty five, when we were aiming to
be smoke free by smoke free, it would have been
reduced to five percent left smoking. Now to meet that goal,
the research says about eighty thousand more people need to quit,

(42:09):
and they won't, of course, and as always, the fact
they haven't or won't is somehow the government's fault, who
haven't done enough or worse, this particular government who they
say have been shocking led by New Zealand first and
Casey Costello, who is a devil who's in the pocket
of tobacco or some such gibberish that people like the
Labour Party spent a lot of time trying to suggest
where it went wrong was twofold. One was the belief,

(42:29):
and this was classic Labor under Helen Clark, that you
could force people to do something they didn't want to,
and there were always going to be people who didn't
want to. Where it worked, and we can be grateful
was in the public space part of it. I mean,
no longer are you forced to inhale if you don't
want to, or smell like a smoker, or stand in
a group will be trapped by it. But beyond that,
once the hard cares were on the footpath, some were

(42:51):
never going to give up. Secondly, vaping a shocking miscalculation
that it was a cessation tool when what it really
was was a gateway for kids, whole new generation who
got easy access and the slippery slope was never going
to get stopped. Governments could have nipped it in the butt,
of course, but didn't. Could have made vapees script only
like Australia, but didn't. The Labour Party under Asha Verel,

(43:11):
a medical professional from the party who invented smoke free
before they left office, hurled their best wet bus ticket
at the vaping market, so basically did nothing. So the
history will show out of the gates Clark style with
gusto early progress on public spaces and general change and
attitude to the habit, followed by the predictable malaise and

(43:31):
hard core resistance, leaving us twenty five years on with
a change in society, but well short of what was envisaged.
Good Crack failed on the follow through. Personally, I'd give
it seven out of ten. Pasking still od Orders this
morning about Gary Stead Is he good? Why is he left?
I was asking allders about that, and Orders gave us
some good answers, probably a bit sick of it. Wanted

(43:53):
to want it. They want basically, this is New Zealand
cricket to just have one coach for all what do
you call it? Forms of the game. And apparently, according
to Orders, this hasn't worked anywhere in the world and
so the moment you split.

Speaker 12 (44:11):
Make sure that's why they don't do it anywhere.

Speaker 20 (44:13):
In the world.

Speaker 2 (44:13):
Well that's not true, Glenn. Hence I have talked to
lderus about this and not you, because if I'd talked
to you about it then I would have been misleading people.
So they do it in Pakistan. Big mistake, Sarz. That's okay.
So anyway, that's why we got orders. So anyway, so
I'm thinking about Gary Steir here. He wanted to split
and then they said we can't split. My question is,

(44:35):
is Steed so good given as record that you want
to go for you we'll make you know, we'll make
a compensation if you do what you want to do
and will support you to do it. Or are they
so confident and Bond is the replacement apparently along with
another bloke I'd never heard of. I think his name
is Walker out of South Africa. Are they the replacements
for somebody as good as Gary Stead? Good Canterbury man?

(44:57):
I'm probably biased.

Speaker 12 (44:58):
Can we get the coach of the Pakistani team? He
says all he knows what he's doing.

Speaker 2 (45:04):
Do you know anything about cricket, Glyn, No, stay out
of it. I've talked to Walders. I mean, I come,
I come to this fully armed, and you talk to orders.
You're suddenly a cricket expert. Anyway, I'm just asking about
Gary Stead. Does he leave happily? Where does he go?
Is he fulfilled in the future? Was this his greatest
moment in time that he'll look back on? These are

(45:24):
just questions I'm posing to you as we go to.

Speaker 1 (45:26):
The News New Zealand's voice of reason is Mike the
Mic asking breakfast with al Vida, retirement, communities, Life your
Way News, togs.

Speaker 2 (45:37):
Heead be my k Shaverral's legacy and government will be
the thousands of young people who will not grow who
will now grow up with lung disease. It's very good piece.
This is back to the Vaping and smoke Free twenty
five day Telegraph reprinted I think in the Herald yesterday
under the headline vapings created a toxic monster. This is
out of the UK. Obviously, around eighteen percent of eleven

(45:57):
to seventeen year olds have vaped. Four hundred children in
the UK admitted that they were currently vaping. Originally devised
as an alternative, of course, for chronic smoke as that
was always I mean, it probably is, but if you
couldn't see the rest of it coming, you're an idiot.
Are the UK government an enforcing disposable vape ban? It's
now illegal to sell or supply them. We could have

(46:17):
gone hard as she didn't. I'll never know why she didn't.
She's a health professional, for goodness sake. Before the ban
even began, researchers at the College London University College London
believed disposable vape users were already switching to refillables and
rechargeable devices and preparation instead of giving up so we're stuck.
We took one problem semi solved it while creating another.

(46:38):
Cool a twenty two minutes away from a Matt Payne supercars.
They're off the purpose weekend and he's doing really well.
He's a young New Zealander flying that flat so brilliantly.
So we look forward to catch up up Brea. It
means I'm back here. Brace yourself. The Grocery Commissioner has
got some ideas. They're looking to simplify the grocery supply
code by removing the fear amongst supplies, of pushing back
on supermarket demands. And secondly they're looking to cut back

(47:00):
on promotional payments in the wholesale market. Pavender Hidden is
the Grocery Commissioner, of course, and is with us. Very
good morning to you. Good morning man, now call me Olfair.
I thought we'd already done this. Have we not done
any of this or were we just talking about doing this?

Speaker 15 (47:15):
Mike.

Speaker 19 (47:16):
We've done a market study which indicated some issues, and
what we have done subsequently is delved more deeply into
things so that we can understand exactly what's happening in
the industry, and that is why today I've raised two
issues to prove outcomes for consumers, and those two are
as you mentioned the five billion dollars that are being

(47:38):
paid in promotions by suppliers to retailers, and then also
changing the rules to simplify the rules and really make
it more efficient.

Speaker 2 (47:50):
Just to be clear, are these things going to happen
or are you just announcing them as ideas.

Speaker 19 (47:57):
No, they're not just ideas, Mike. THEFT code is actually
being published today and it has been published. What we
are saying in that is we want to simplify things
for all the suppliers out there. It's a complex code
that's been in place. We saw early on that it
wasn't delivering what was expected, and that's why we announced that.

Speaker 15 (48:20):
We will be reviewing it and we are.

Speaker 19 (48:23):
Looking now to change it so that supermarkets can't push
their costs like for instance, wastage and packing shelves and
other costs onto suppliers. So it's simplifying the way that
they do business.

Speaker 2 (48:37):
Right, So just once again to try and be clear,
are you doing this it will start tomorrow or are
you in some sort of consultative process where US gets
dragged on even longer.

Speaker 19 (48:47):
As a regulator. We have to consult, So there's a
six weeks only a six week window to consult where
we take on views from the supermarkets, from suppliers and
others that are interesting it, and then we make a
decision as to which way we go.

Speaker 15 (49:03):
And then of.

Speaker 2 (49:04):
Course that decision is final and will be enacted.

Speaker 19 (49:09):
That's correct, It will come out as a code and
that will then be the new code that is applicable
to all suppliers and supermarkets. When will that happen, We
foresee that not to be later than September because of
the time frames, the regulatory timeframes that are involved in this,
and those are set down for us and we've got

(49:32):
had here by them.

Speaker 2 (49:33):
Your sense of it at the moment is the supply
Code will be curtailed completely. In other words, there will
be no payments, or it will be adjusted slightly so
there will be some payments, but not as many.

Speaker 19 (49:45):
We want to change it so that all the cars
outs that are currently there are taken away. So currently
smallest spliers have difficulty in pushing back against these large
retail large supermarket because of the power imbalance. They want
to retain their relationships, They want to make sure that

(50:05):
their stock is on shelf, so they scared when they
do that, and you know that and everyone in the
media because you can't get a supplier to speak openly
about it. So by taking these carve outs out, we're
making it simpler. In the current code, their carve outs
provided these supermarkets to X and Y. Unfortunately, it's become

(50:28):
the norm. I got it, and that's not what was intended.

Speaker 2 (50:31):
I understand. Is that do you what's your gut say
if you did that, would that allegedly fix whatever it
is you found to be needing to be fixed, or
are you going to have to break them.

Speaker 19 (50:41):
Up on the supply code that will fix it. There's
also what we're announced on the promotional spend on the
wholesale because our wholesale market isn't working effectively. Any larger
player that has come and spoken to me about coming
into the market, first thing they say is we can't

(51:01):
get a proper supply of groceries at a price that
we can compete on. And the reason for that is
suppliers are paying supermarkets five billion dollars in rebates and
promotions I've got that.

Speaker 2 (51:17):
What I'm asking about is that part of what you're announcing,
is that going to solve the so called supermarket problem
or are you going to go down this willers track
where we need to break these big companies up.

Speaker 19 (51:29):
There's no one silver bullet, unfortunately, Mike. We've got to
pull all the different leavers we have. And my task
is to improve competition in the long term for key
we consumers, and that is both competition and efficiency. And
if we can get the playing markets level, it will
encourage others to compete, even smaller players who are in

(51:51):
the market currently. If you look at Auckland as an example,
you know the major players are down to seventy just
seventy percent. I think it's seventy four percent market check
in the rest of the country they still at eighty two.
So if we can get more of those into the market,
the costcos and others, and even the online grosses, we

(52:14):
can make a difference even for rural consumers.

Speaker 2 (52:17):
Fantastic. Well yeah, okay, maybe we'll get you back another
day and argue about that, but that's Pevnherdin. Do you
like what he says, Do you understand what he says?
Do you think it's going to make any difference once
the promotional supply coat things sorted? Are you going to
see your tin of beans cheaper? Do you believe any
of that? Sixteen minutes away from eight to tasky, we
pleased to know a council installed Chicane. This is in

(52:39):
the white Katto. Do you want to talk Wayuku and
they're raised. We've been mislead on this, by the way,
that's a scandal. So we said the other day that
the raised crossing, I'll come back to the Chicane and
white Katta shortly. But we were told the other day
we got this this this aggressive email. What was his name?

Speaker 5 (52:59):
Do you rem his name?

Speaker 2 (53:00):
I can't remember his name anyway, he wrote to us
and he told us to ring him a sap A
sap anyway. The point was we had said that the
raised crossing in Wayuku was four hundred thousand dollars and
they said it is not. It's sixty five thousand dollars,
and we thought that's interesting. What we didn't realize at
the time and I do now, is that you've got
the new raised zebra crossing on top of a flat,

(53:21):
wide speed bump with side islands. That's your sixty five
thousand dollars. But you've also the removal of an existing
zebra crossing, the new footpath next to the skate park,
the playground, the new traffic islands, the grass booms, the
installation of tactile papers to help the visually impaired, not
to mention the transport costs, and all the cones. And
remarkably that comes to four hundred thousand dollars, So we

(53:41):
were right it costs.

Speaker 12 (53:42):
So it wasn't four hundred thousand dollars for one stupid
thing it was for.

Speaker 2 (53:45):
It was one thousand dollars for a collection really stupid things.

Speaker 12 (53:49):
Late Creighton Brown tried to straight us exactly.

Speaker 2 (53:51):
So anyway, we stand by the four hundred thousand. The
good news on it. It's on hold. So we went
seven forty five.

Speaker 1 (54:00):
The Mike asking Breakfast, a full show podcast on iHeartRadio
powered by the News talks that'd be.

Speaker 2 (54:06):
Hella lujah to the grocery Commission putting a stop to
the car out In rebates this bully tactic actually calls
me to close my wholesale important distribution business. But flip side,
Mike's not explaining what the changes in pricing are going
to be for the end consumer, which I believe will
be nothing. Couldn't agree more. That's exactly what's going to happen.
Same with petrol. A dune told us we are being
fleeced at the petrol station. How are you feeling you're
being less fleeced now more fleece? What sort of fleecing's

(54:27):
going on that you will never clue? Mike Well, the
changes and grocery carry out to the likes of Warehouse
and Bunnings. Well, Warehouse, yes, because it's supermarket. Bunnings probably
know because they're in hardware, which is a completely separate target.
So anyway, back to Waykato and the chicane the council
installed and this is how out of control these clowns are.
Council installed chicanes on a quiet country lane force drivers

(54:49):
to reduce their speed. Do you know why they did that?
This isn't Tamahiri very nice place. Part of the Waycatto
six formal complaints, six people, six people are anything. I
don't like the lock of this, And they went, that's fine,
We'll just spend hundreds of thousands of dollars put in
a chicane in big public meeting the other day. Seventy
people turned up demanded that the district council put an
end to the trial. Four months trial, four chicanes. This

(55:10):
is Birchwood Lane introduced without notice, without notice, so forget democracy.
Six winers have rung up and without notice. Let's get
on with it. Due to run until September. After the
council received six formal complaints and some emails about excessive
speed on the road. The backlash was immediate, residence bemoaning
the new layout, rejoicing when the vandals removed two of
the chicanes in just four days. So that's a win

(55:33):
for people power as far as I can work out.
Need to get to Mark Robinson and talk about Gallagher.
We've done the g. It's Gallagher massive American Insurance company.
They're the biggest new sponsors for the All Blacks. So
what are they getting and what are we getting? Money wise?

Speaker 1 (55:45):
Ten Toway the Mike Hosking Breakfast with a Vida Retirement
Communities News Togs had beds given.

Speaker 2 (55:51):
Away from it. So having signed to out of the
other day, the Rugby Union back with a bigger deal.
This one's with the American Insurance player Gallagher market cap
of over eighty billion us I will appear on both
the training and matchday shorts of all their national teams.
Mark Robinson's the Boston New Zealand Rugby and is back
with US Mark Morning Morning, Mike. What's their interest in rugby.

Speaker 9 (56:11):
Well, they've just got a really deep connection with the
sport right around the world, to be honest, Mike. They've
been involved with World rugby, with the Premiership in England.
You know, they're involved in New Zealand rugby across the
provincial scene here already. And I think spending time with
them yesterday and last night, you know, they're really connected

(56:31):
into the values of the game, the ethos of the
sport they love, and they obviously feel that there's strong
opportunity for branding but also for business opportunities as well.
So I think it a really basically it's about people,
the values of the sport and the fit of the
two organizations long.

Speaker 15 (56:51):
Term, we certainly hope.

Speaker 9 (56:54):
So you know, this is out to the end of
twenty seven at the stage, but you know, I'm sure
both organizations be working really hard at the partnership to
create the only for the long term good dollars. You know,
you're was obliged to ask. The question might be, we're
really happy with the deal and you know, we're delighted

(57:16):
as you say, you mentioned the Toyota one getting across
the line recently, you know, those those combined has been
a really good last month or so.

Speaker 2 (57:24):
So, in other words, post in THEOS that this has
all these have solved your problems and maybe then some.

Speaker 9 (57:31):
Oh look, I'm not going to get into the detail,
and it might, but we're really, as we said around
the Enios settlement, where we're pleased with the outcome there.
We're delighted to bring two brands like Toyota and Gallagher
on board, and we're in a really good space in
the in the sponsorship area.

Speaker 2 (57:45):
It does show you how sort of internationally the All
Blacks are because in the OS, with no disrespect to them,
and they weren't a name known widely in New Zealand.
I don't think Gallagher is either. You know, it's not
a retailed brand. In other words, it's not a name
that you identify with, like like Toyota or like. So
clearly it's an international play on their part.

Speaker 9 (58:05):
Yeah, like I said, I've obviously been looking at rugby
properties and a whole lot of other different sporting properties
are involved with and they see value in sport and
they see you. Certainly they see value in rugby over
the last ten years or so. And the orble Ax
is clearly and Black Ferns is clearly a couple of
properties that they also want to be identified closely with.

(58:26):
So yeah, there's really strong recognition of the brands and
the organization right around the world as we've been sort
of talking about for the last little while.

Speaker 2 (58:33):
Good stuff, all right, good to catch up. Well done
Mark Robinson who's in Rugby CEO. Maybe the make aprofit
next year, you never know. Four minutes away from eight
task get like if the supermarkets cannot pass the cost
of supplies, they will simply pass it on to consumers exactly.
I don't know why people can't work this out. As
I've always said, if there's a problem that you can solve,
if you're obsessed with us, like old Pierras and Nicolras,

(58:54):
and you can see something and you want to break
it up or change it or flip it upside down,
and we can all then go, oh, thank God for
the Isn't that a fantastic change, brilliant go do it.
The fact they haven't, the fact they keep mucking around
the edges and sort of talking in riddles. I don't
know if you listen closely to that peer interview, but
I mean he must be hard work to deal with
on a daily basis, mustn't he. I mean he barely
answers a question straight. And that's because there is nothing

(59:16):
black and white about this at all. It's nuanced and subtle.
And that's why Jacinda was so hopeless at these sort
of things. She thought that saying you're getting fleeced at
the petrol station was an easy headline. What came next
is the hard work and just maybe the possibility that
you're not actually being fleeced at the supermarket or the
petrol station or the building products department. That just maybe

(59:38):
we're a tiny little country at the bottom of the world,
as I keep saying, and things are what they are.
Because if it were so easy to fix, why haven't
we done it? For good mistake. Matt Payne Supercars. They're
off to Perth this weekend. He's back with us after
the News, which is next to news talk zby.

Speaker 3 (59:55):
My Car's game been safeful, engaging and vital.

Speaker 1 (59:59):
The Cosking breakfast with the range Rover Vilaine designed to intrigue,
can use talks dead be.

Speaker 2 (01:00:08):
The supercars are back this weekend in Perth, which is
a bit of a time frame Hessel really, but then
Australia is a very big country. Matt Pain since we
last talked, has been having the time of his life
Number nineteen Mustang one one of the best races of
the season the other weekend in Tasmania. He currently sits
third in the standings and he's back with us from Melbourne.

Speaker 15 (01:00:25):
Matt morning, Yeah, good morning to you as well.

Speaker 2 (01:00:27):
Right, Oh, let's play a game. The game is what's
your favorite victory? Was it Taerpo or was it the
other weekend in Tasmania?

Speaker 21 (01:00:35):
Good line to start off with us those, but for
me it definitely have to be Towerpa. I think that
was a pretty special weekend for all of us. You know,
two wins and one week in is pretty cool and
I think for me winning at home, especially in front
of the New Zealant crowd, it couldn't have been any better.

Speaker 2 (01:00:54):
And of course since we last talked, the announcements have
been made. It is going to be Tarapeau and christ
du So twice a year for the next time and
full of years anyway, as a local, you've got to
be thrilled.

Speaker 15 (01:01:03):
Oh, it's absolutely insane.

Speaker 21 (01:01:06):
It's going to be really good to get around down
there and have the sort of South Island crowd around us,
and I think they're going to do a pretty good
job dressing the track up. I think it's going to
be I think it's going to be a really good weekend.

Speaker 2 (01:01:18):
Yeah. As regards Tasmania and that last race that you won,
how long does that you stay with you? The excitement,
the thrill of what unfolded, or you know, by Monday
have you moved on?

Speaker 15 (01:01:28):
Oh?

Speaker 21 (01:01:29):
That was a pretty special race, like just how everything
played out as the tires were going away, and just
how close it was at the end.

Speaker 15 (01:01:37):
It.

Speaker 21 (01:01:37):
Yeah, definitely stayed with me for a while. I think
there was still a fear bit of analyzing to do
over the weekend as a whole, just in terms of
our speed. But yeah, it was a pretty it was
a pretty awesome race. I think it's definitely one of
the most fun races I've ever had. As tough as
it was, but it was it was pretty cool to
women in that way, And yeah, I.

Speaker 15 (01:01:59):
Didn't think I was going to.

Speaker 21 (01:02:00):
I was going to when I was waking up that morning,
I didn't think I was going to be leaving the
track for the win, that's for sure.

Speaker 2 (01:02:06):
So talk to me about your confidence and how that's building.
Third year into this. You're in a good team, you've
got some good people around you, and you seem to
be growing into this and things seem to be going
very well.

Speaker 15 (01:02:16):
Yeah, definitely.

Speaker 21 (01:02:17):
You know, this year is definitely the best start we've
had over my three years in the category, so it's
been really good in terms of that, especially after after
four rounds we're sitting third in the championship, which is
the highest I've ever been. So that's been a really
good sort of start for us to carry through some

(01:02:37):
really good momentum for the rest of the season. But
there's still a lot of work to do, Like there's
still some tracks coming up where we haven't particular, so
there's a lot of work to that codes into that,
especially the next two rounds probably are still I think
Tasmania was definitely the weakest track we had from last year,
but Darwin and Perth we still weren't when as splashes

(01:03:01):
were needed to be so I think I think there's Yeah,
there's still a lot of hard work to come, but
as far as having a good start to the year,
it's been really good.

Speaker 2 (01:03:10):
A couple of key words there, Darwin and Perth always
reminds me just how big Australia is. I mean, just
getting everything you talk about coming to New Zealand, but
I mean what about getting from Melbourne to Perth and
Melbourne to Darwin. I mean, you've got the trucks in
the coming. That's gargentuan, isn't it.

Speaker 15 (01:03:25):
Yeah, it's a big old place. There's a lot of
there's a lot of space.

Speaker 21 (01:03:29):
To be filled up, and it's actually a pretty tight
turnaround for us in between Perth and Oh I think
it's only a weekend in between, so boys are going
to be working pretty hard to get the cars back.
I think it takes takes a few days to drive
back from Perth, and then even even a few days
to drive up straight up to Darwin. It's basically a

(01:03:50):
straight line up there. But lucky we've got a truck
driver here absolutely loves driving, so he doesn't mind.

Speaker 2 (01:03:55):
Well that's good. Listen, let's talk about the prospects for
Perth in the moment, Matt Pain's with us out of Melbourne.
It's a Living Past eight The Mic.

Speaker 1 (01:04:02):
Asking Breakfast Full Show podcast on iHeartRadio powered by News.

Speaker 2 (01:04:06):
Talks It be New Talks Me thirteen Past eight Mat
Pains with us out of Supercarers. Now, now what I've
been meaning to talk to you about is what I've
observed so fast. So you're the third year into this.
You're good at qualifying, right, so you've got what they
say good quality speed, so you're fast around a single lap.
And now it appears to me what you're building into
is they've got, you know, what they call good race speed.

(01:04:28):
So are those two different things? Does one follow the
other or are they like separate skills?

Speaker 15 (01:04:34):
Yeah, so it's qualifying speed.

Speaker 21 (01:04:36):
I will always feel like I've had from the start,
and that's something you know, you can definitely grow up
with naturally in your career.

Speaker 15 (01:04:45):
But my race race speed and race craft.

Speaker 21 (01:04:50):
Probably weren't as good as they could have been right
when I sort of burst into the category a couple
of years ago. So for me, they're the biggest thing
we've we've all improved on as a team. Is definitely
our race speed. I think our race car is probably
one of the strongest in the field, especially looking after
its ties and essentially is that is the aim of

(01:05:11):
our game.

Speaker 15 (01:05:12):
So that's definitely been a huge win for us.

Speaker 21 (01:05:16):
But in terms of getting that race speed out of
the car, I think it has hurt our qualifying performance
a little bit.

Speaker 15 (01:05:23):
So we still need to work on that.

Speaker 21 (01:05:25):
Our quality car just doesn't seem to have the last
little bit to get out of it, so that's something
we're working on. But yeah, for sure, the race speed
is probably the most important. I think, you know, you
can go from having a sort of average quality and
if you're bank on having a quick car, you can
easily make up time, especially with strategy and things like that.

Speaker 15 (01:05:48):
So it's it's important.

Speaker 21 (01:05:50):
But for qualifying some tracks you need to you need
to qualify well, so it's tough to sort of trade
off both for both really and.

Speaker 2 (01:05:58):
How much feedback do you as either give an engineer
or a team on that sort of thing that you
know that you get from the track as opposed to
what they call telemetry.

Speaker 21 (01:06:06):
Oh no, it's huge, Like we're constantly talking about balancing
the car, especially in the practice session. That's basically that's
basically all we're trying to turn. And whether it's whether
it's race.

Speaker 15 (01:06:18):
Car or quality car, it can change.

Speaker 21 (01:06:20):
But that's certainly the driver feedback is certainly almost priority
in terms of over all the senses and data that
the guys get from the car.

Speaker 15 (01:06:30):
So that's that's big for us. And even even during
the racing.

Speaker 21 (01:06:35):
Like as I'm out on the track, we're still talking
about it and using the different tools to try and
sort of get the.

Speaker 15 (01:06:42):
Car a little bit more in the window.

Speaker 21 (01:06:44):
If it isn't, it's pretty hard to do because there's
not really much we can do, but even talking about
your Willston and all things like that, just trying to
keep everything covered off to make sure you're getting the
most out of it.

Speaker 2 (01:06:57):
Now, now, what about that how malleable is the car?
Because a lot of us are fascinated at the moment
with Liam and F one of course, I mean, and
what you learn a F one is you can tell
before you even get to a weekend. They know before
you get to a weekend on the track and what
you're going to be able to do and how good
your competitive you're going to be. How similar in Supercows
is that?

Speaker 21 (01:07:16):
Oh, it's definitely similar, like we know coming into a
weekend what what will and will work and what probably
won't that's done and a lot of the pre event
stuff before the race weekend. But also it's for us
we can't actually change too much of the car like
when we're out of the race. So mainly it's there's

(01:07:38):
there's probably one hundred different components you can change in
the car itself in terms of set up, so it
can get very sophisticated very quickly. But we all have
a we all have a base setup of sort of
where we feel comfortable with our car, and they will
change that according to sort of the track geometry and
and how the corners, what the radio are and things

(01:08:01):
like that, so it's always evolving, but essentially we just
sort of have that baseline where we work around that
each track.

Speaker 10 (01:08:09):
We go to.

Speaker 2 (01:08:09):
And given that, then how bullish are you for the
rest of the season, I mean, how do you how
do you feel your tracking?

Speaker 15 (01:08:15):
Well?

Speaker 21 (01:08:15):
For me, I think, like I like I said before,
it's these next two rounds are really going to sort
of shape our championship. I think if we can really
improve on these two and you know, still banks some
really solid points you know, I think I think we're
going to be looking really good. We haven't been Queens
and Raceway before, only just doing some ride days there,

(01:08:37):
so that'll be another one to sort of put on
the cards. I think I think that track should probably
suit us as well. So I know that a lot
of the tracks coming up at the end of the
year we're pretty strong at so I think it's I
think it's looking good. There's definitely been There's definitely been
a couple of rounds this year where probably didn't think
we were going to score as many points as we did,

(01:08:58):
so I think it's pretty positive. And and from the
start of the year to where we are now, I
think there's no doubt about it that we've we've improved
our car quite a bit, so that's definitely definitely helped
us as well. But it's going to be it's going
to be the next two rounds which really sort of
show how we're going.

Speaker 9 (01:09:16):
And what do you do?

Speaker 2 (01:09:17):
I mean this gap between the races, I mean, what
what what do you do do?

Speaker 10 (01:09:20):
You?

Speaker 2 (01:09:20):
Are you behind a wheel you and assume you're going
to track days and keeping up a rhythm or do
you just sit and wait?

Speaker 15 (01:09:27):
Well, basically it's it's pretty there's there's quite a few
big gaps this year.

Speaker 21 (01:09:32):
So I mainly just you know, do a lot of
simulator training every day and trying to get into the
workshop and sort of see what the boys are.

Speaker 15 (01:09:40):
Up to and have a few meetings and stuff. We
do have quite a bit of quite a.

Speaker 21 (01:09:45):
Few appearances and that just for responses throughout in between
the rounds and just making sure everyone's happy. And yeah,
it's not too bad, but there there there are some
quite tight turnarounds this year as well, so it's more
challenging for the g iced to get the cards ready.
Then for us we sort of just get back and
reset and then go again.

Speaker 2 (01:10:04):
And what about all this, mat, I mean, is this
as good as it gets you living the dream?

Speaker 21 (01:10:09):
Yeah, I'd say it's pretty close to that. Certainly, when
you when you when you when you know you got speed,
it's certainly better. And when you're when you're winning, it's
it's obviously the best. When you're not going so well,
it is tough. You know, people looking and see that
you know, oh you're driving race cars. It must be awesome,
but it still can be as hard as any job

(01:10:32):
out there. When the when the pressure is on and
you know you need to deliver a result, so it
can be tough, but certainly now I've feel like I'm
settled in in a pretty good place and and with
how how the car is tracking and that it seems
pretty positive for the for the rest of the year.

Speaker 2 (01:10:48):
Well, we're enjoying watching it as always good to catch
up with you go well on Perth Beauty. Thank you,
there we go, Matt Payne out of Melbourne. This morning
news from Lead and listen to in a moment are
you like twenty.

Speaker 1 (01:11:01):
The Mic Hosking Breakfast with the Range, Rover Villain News
Talks Dead b Now.

Speaker 2 (01:11:06):
Look, if you've tried the magnesium supplements in the past
to help with the general health but instead you've got
the old upset stomach or it didn't work as intended,
the very good news is that not all magnesium supplements
are created equals. So Element twelve from About Health, they
got it sorted because it's formulated specifically to suit your
nutritional needs. Because it's got three forms of high quality
magnesium with active forms of B vitamins, so it's designed

(01:11:30):
basically to be well absorbed, gentle on the stomach, supports
the deep sleep and the relaxation healthy nerves, muscles and mood.
So basically what you're doing is upgrading the magnesium to
the best of the best the element twelve magnesium order
today breakfast. Breakfast is your code. Breakfast is your code.
They will send you a three month three not well
free and three free three month supply of the olive

(01:11:51):
resist immune support, which you've got to be on this
time of year. That's value to add over one hundred dollars,
absolutely free because they're good people. Element twelve magnesium only
from about Health. Read the label take only as directed
online at about health dot co dot nz on the
phone at eight hundred triple nine three nine Hosky Visa
cash app Racing Balls otherwise known as v carbon. Liam

(01:12:13):
Lawson AI news from them today they've deployed the Neural concept.
This is a leading AI platform for engineering design accelerates
the team's car design optimizes aerodynamic performance through AI powered
data driven engineering workflows that enable faster design iteration and
better formed decisions.

Speaker 12 (01:12:29):
Oh there you go. More points for Liam.

Speaker 2 (01:12:31):
Next round complements traditional computational fluid dynamics, which of course
is known in the industry as CFD with high speed
predictive simulations.

Speaker 12 (01:12:40):
Yeah, yeah, I can't believe they haven't been doing that sooner.

Speaker 2 (01:12:42):
The big talking point in Spain where the FIA came
down with new rules on the wing, the front wings,
and everyone was just like wetting their pants over who
was going to get caught, Because how this thing works
is people like Red Bull, mainly Red Bull, Red Bull winers,
Red Bull and Christian go to THEA all the time
and they go, we think they're winning because they've got

(01:13:02):
this and changed that. Can you fix it anyway? So
they did this new rule where you could no longer
adjust your front wing the way you used to. They
reduced the adjustment by five mil used to be fifteen,
took it down to ten. And everyone went, one, who's
been doing that? And will it affect them?

Speaker 19 (01:13:18):
Two?

Speaker 2 (01:13:19):
Will it affect anybody? Answer? Didn't change a thing, So
it's just all bollocks. Has anyone got a SIM? I'm
thinking that I might want a sim and from what
I'm seeing, and I've seen all them, even the good ones,
you can spend a lot of money on a SIM,
but you can spend comparatively speaking, not a lot on
sim but from even the really good ones. They don't

(01:13:39):
seem to be real. You know, when you sit in
the car and you've got a big screen in front
of you and you go around a track and pick
a track. It's not like gaming. It's better than gaming.
It's bigger than gaming. It's a bona fide looks like
a car, car seat, car pedals, car wheels, massive screen.
I just can't see how it's that real. And then
looking at it, it doesn't seem that real guy spend

(01:14:00):
their entire life on as some learning the track and
the nuances and subtlety. But if it's not real, if
it doesn't feel right, you know, if it doesn't give
your feedback on the brakes or the pedal or the steering,
then I don't really see how use I mean, I'm
sure it's a fun game. Speaking of games, what's the
game that's out today? Is it Switched to I think
switch to Drops today?

Speaker 19 (01:14:20):
Yeah?

Speaker 2 (01:14:20):
The console it's out today, isn't it? I read a
review out yesterday. As I was reading the review, apparently
it's very very good, and it supports a whole lot
of stuff it didn't support before, and everything's improved immeasurably,
and it's brilliant seemed a very good thing for about
seven hundred dollars, and the grips and the handles are better.
And as I was reading this, I thought, I'd never
gamed in my life. I'm never going to use this.
I'm never I don't even know what it is, and

(01:14:41):
yet here I am reading this. I'm going to have
to work it into the program somewhere and blow me
down the news as next to them, we'll go.

Speaker 1 (01:14:51):
To the UK and rob news Opinion and everything in between,
the mic hosting Breakfast with Bailey's real Estate, your local
experts across residential, commercial and virural news.

Speaker 2 (01:15:03):
Togs Head be welling, Mike. I know it's not your
job because you explain this filibustering and what's the purpose
and why will labor and the Greens be doing it?
Good question, Dan, And I'll come back to that in
just a couple of moments because it will take a second.
But I need to return to my review of Nintendo
Switch too seven hundred dollars In Australia, it's claimed it's
eight hundred dollars here. Years of anticipation is that true?

(01:15:24):
Years of anticipation is what they're saying it's launched today.
It's out today. Display as big as sharper, faster, brighter,
more vibrant. It's a stunning screen, easily on par with
the highest end handheld gaming PCs. So that's good to hear.
The chip new one This is where in video comes in,
claims it's got ten times the graphical power of the

(01:15:45):
chip in the original. Switch also supports in videos DLSS
for AI upscaling integrated chat feature called game chat, so
you can call friends and cheer your screen to show
them what you're playing. Sounds a bit nerdy to me.

Speaker 12 (01:16:00):
Well, that's only because you haven't got any friends.

Speaker 2 (01:16:01):
That's true. Too early to say, what can you get friends?
Is there a light get friends button? Too early to say.
Switch to will be as successful as the original. It
is at least as compelling an upgrade as anything has.
The controller improved the joy Con two yes, larger, with
bigger buttons and triggers. They now magnet onto the sides

(01:16:24):
of the console and control a grip rather than sliding
on rails. It's got a more advanced rumble and can
produce subtle textured vibrations or big rumby shakes.

Speaker 12 (01:16:35):
I'm a bit concerned that if the rumble is too advanced,
it might unmagnetize my grips.

Speaker 2 (01:16:40):
Yeah, good one, and then you've lost your grip Cyberpunk
twenty seventy seven, Star Wars Outlaws. You've got switched to
editions of a bunch of other games as well.

Speaker 5 (01:16:54):
Hold on.

Speaker 2 (01:16:55):
At launch, you get Marrio Kart World, which is an
evolution of Marrio Caart eight, and you get Nintendo switched
to Welcome to eight hundred bucks. Don't talk about Sam.
No one can hear it. It's like so boring. It's
such boring radio when you're talking about I.

Speaker 12 (01:17:15):
Mean, I heard what he was saying, and it was boring.

Speaker 2 (01:17:17):
It was boring. He's not that an interesting this way,
doesn't have his own radio show, is.

Speaker 12 (01:17:20):
Bleeding on about those The games aren't included that.

Speaker 2 (01:17:25):
Twenty one minutes.

Speaker 14 (01:17:26):
Away from that international correspondence with ends in Eye Insurance
Peace of Mind for New Zealand business.

Speaker 2 (01:17:32):
Rod Little in Britain, Morning to your mate, Good morning
make How does this we played clips earlier on Bad
Knock v. Starma Stamer v. Bad Knock in the House
over the winter fuel payment back down, How ultimately does
this play out politically?

Speaker 10 (01:17:46):
For him.

Speaker 20 (01:17:47):
I think it's less helpful to starm with the things cities.
It would have been fine if the winterfield payments had
been paid back in October November last year or a
great paid but reinstating them aid us likely to defeat
for starma and doesn't really get him any cross as

(01:18:07):
being kindly towards the pensions because he stopped them in
the first place. So there's a real problem there, and
that same problem will be there if he tries to
backtrack on benefit cuts as well, for disability benefits. There
is not a huge amount politically to be gained. Whatever
I'm leaving aside here, Mike, what is the right thing
to do? As ever that there is no great political

(01:18:32):
gain from backtracking on stuff which he already made the
decision about because he has seemed to be wrong, you
know it is. It is a it's a typicult position
for him.

Speaker 2 (01:18:42):
How do I find the money? Because I'm reading about
the hit room the other day and this is Rachel
Ravesen and whatever you call your offer, and we call
it the treasury, the Treasury gives advice and goes, well, listen,
under the current bill you're buying, you borrow too much
you can't afford any more. Where do they get the
billions for us?

Speaker 20 (01:18:56):
I don't know, is the answer, and I don't think
they know either. It's the Office for a bunch of
responsibility over here, but also the Treasury. Of course. It's
a mystery to me, and it's a mystery to me,
and I think it is a mystery to k Starbar
and indeed Rachel reeves as to where they're going to
get the money for this much vaunted huge expansion in

(01:19:16):
defense expenditure, which at first took here. Starman said it
was going to be three percent by the end of
this parliamentary term, and then changed his mind, backtracked, obfuscated,
hopped around a bit and said definitely three percent, but
I'm not going to tell you when it's just pathetic.
So there's a real problem with defense expenditure, especially as

(01:19:39):
you know NATO is expecting us to raise it. Not
but it's a three percent to three point five percent,
So he's he's caught on a number of issues, all
the consequence of a lack of cloth in the economy,
a lack of money in the economy, and a black
hole with the finances.

Speaker 2 (01:19:56):
It's funny you should mean what, it's not funny. I
mean it was as overnight and we featured the as well,
this meeting that was held about Ukraine. Yet again the
Germans seem very robust about Menitia support and you need
to spend some more money and we're all heading towards
five percent. How does all of this so you spend
on defense?

Speaker 5 (01:20:11):
Is that for you?

Speaker 2 (01:20:12):
And is that separate to the money you might give
to Ukraine to go buy some more drones, to bond
some more bridges.

Speaker 20 (01:20:18):
Absolutely not clear the theory. It should be for us.
And look, the Ukrainian money is separate to that is
already by the way, you know, a long time ago
suggested that they're cut into the overseas eight budget. It's
taken up by the money which were spent on Ukraine,
which is overseas eight of course. But no, we're apparently

(01:20:40):
buying loads nuclear subs to carry nukes around the world.
I don't know how modern money is. I'm not a
military expert, but that seems to be the plan. So
that is where the vast bulk of the money coming
from those promised additions to the defense budget will be spent.

(01:21:00):
I would rather it was spent on you know, the
rather more savvy counter espionage which we're suffering pretty much
every week over here from either Russia or China or
a combination for two, in cybercrime, in disruption of industry,
et cetera, et cetera.

Speaker 2 (01:21:20):
It's funny you should say that I forgot to mention
a couple of days ago to you. But you're the fourth.
I've got now four people sitting far to Kyostama's houses
and cows and stuff like that. I mean, four people
that are all Ukrainian. You're what, But I mean, clearly
there's something a bit abnormal about all the.

Speaker 20 (01:21:34):
Same, there is something deeply abnormal about it. There was
actually three Ukrainians and one room Median. And of course
Rumedia as well is right up there on that border,
and Rumania is where quite a large number of Russian
hackers have been based for quite a long time. It

(01:21:56):
seems I cannot work out what could possibly be the
motive for this without Russia's direct involvement. I just cannot
work out what the motive could be. These were four,
as we call them colloquially over here, rent boys who
suddenly decided to step out of the Prime Minister's House.
Why did they decide to do that? You know it

(01:22:18):
is it almost beggers belief that it is not in
some way masterminded from beyond.

Speaker 2 (01:22:24):
All right, man, you go, well, we'll catch up next week.
Rod a little out of Britain for us. Come back
to the filibustering question. At the moment sixteen two the
mic asking Breakfast Full Show podcast on I have radio
powered by news Talks be Morning Mike, and know it's
not your job, but could you explain this filibustering? So
the debate today, this was on the speaker's recommendation. The
Privileges Committee comes back and say we recommend twenty one

(01:22:47):
days suspension might be clarke, it's something slightly lest seven days.
Now the Speaker allows the debate, and the debate is
allowed by all one hundred wall MPs in this case there'
one hundred and twenty three of them. And then you
get to put an amendment, so you get to speak
for ten minutes if you want to. There's no rule
that says you have to. If you want to, you
speak for your ten minutes, and if you want to

(01:23:08):
put an amendment for it. In other words, your amendment
might be well instead of twenty one days, I submit
seventeen days. And here's why I do it. You get
speak for another ten minutes. So that's twenty minutes per
MP times one hundred and twenty three. Filibustering is when
they deliberately and overtly decide to use the maximum amount
of time and some jurisdictions. You saw Corey Booker the
other day in the house. They do it a lot
in Congress. Corey book in the House the other day

(01:23:30):
he was allowed to speak for as long as he
could under the rules that you have to stand up,
you can't go to the toilet, and that's as you
just keep going, And so he set a record on that.
That's filibustering. In this country, we don't do it that way.
You have set amounts of time, and if you use
your time, and you organize yourselves to use your time
whether or not you're looking to achieve something, that is filibustering,
and that is for no purpose whatsoever other than to

(01:23:53):
waste time and to put off the inevitable. So, in
other words, can you change something no, Will you change
something no? Does it waste time and money? Yes? Will
you ultimately get your way no? So That's what philibustering is.
It's a time on a tradition in most Westminster style
systems around the world. There's an insight yesterday. I thought
there was a massive overreaction. I found it hard to believe.

(01:24:15):
But Talbot Mills, working for ASB, did this thing on
Kiwi businesses and our reaction to Trump and tariffs. Two thirds,
sixty six percent of businesses think that the tariffs are
going to be more severe and have a greater global
impact than COVID. Do you not remember COVID? In COVID

(01:24:41):
everything stopped. We all went home and we stuck a
Teddy Bear in the window and we just waited. That's
not happening now. So how can be worse than COVID.
I've got no idea. They also argue two thirds it's
worse than the global financial crisis. While we remember the
global financial crisis because it wasn't that long ago. Lehman Brothers,
they may some movies out of it. Don't think they're

(01:25:01):
going to make a movie out of the tariff somehow.
It's not that interesting. But that was really bad because
there was a credit crunch and money stopped flying. Money
hasn't stopped flying. So the world hasn't stopped, the money
hasn't stopped. All we are is just a bit miffed
about an old guy who doesn't seem to understand basic economics.
So I wouldn't have thought it requires that sort of reaction,
But there you go. Nine away from nine a.

Speaker 3 (01:25:22):
Mike casting Breakfast with Bailey's real Estate newstalg ZB.

Speaker 2 (01:25:27):
I recommend the MRP sim Racing for racing simulator a team.
If you're looking for a simulator, make sure you get
in contact with Barry mcmannon. His sims are the best.
There we go, maybe we all do that. The initial
complaint Mike was the supermarkets are raulting the system and
customers to the tune of one to two million dollars
per day excess. So break that down to a round

(01:25:49):
about one cent perritum every day sold. The supermarkets took
that one cent per writeum off the price of everything,
then the issue would be resolved, So big deal. The
supermarkets do well because they're efficient and are in business
to make a profit. Not all supermarkets are profitable, as
there are many who struggle and some close Australia have
elder They use second level supplies, but New Zealand's too
small to have those supplies, and the big supplies will

(01:26:10):
not jeopardize their business with the supermarkets by discounting to
the competitors like the warehouse. If a third chain could
be set up and be competitive and successful, then the warehouse,
with its huge resources would have been successful. Then it hasn't.
I just think that sums it up in a nutshell.
If you want to crack the nut, crack the nut,
get on with it. Stop talking about it, stop draft planning,

(01:26:32):
stop threatening Nikola Willis.

Speaker 21 (01:26:34):
Just do it.

Speaker 2 (01:26:34):
Just tell us how you going to do it, and
do it. But the fact you haven't speaks volumes sticks
away from.

Speaker 1 (01:26:40):
Nine trending now quit Chemist Warehouse the real House of vitamins.

Speaker 2 (01:26:45):
Now, if you're an avgate like me. Three names you
want to know about Sam Shwai, Kim Illman and a
guy called non Stop Dan. NonStop Dans quite good and
they review flights around the world anyways touchdown in this
particular part of the world, and he's found some problems
with the New Zealand unform. He's taken a couple of
flaunts business class from Oakland to Sydney, and he's also

(01:27:06):
taken one from Sydney to Houston, so I'm assuming that
Sidney is stopping at Oakland. Oakland through Houston. They're on
Triple seven three hundred hours, so it's not the Dreamline,
but it's the other plane they run. So it's nineteen
minute video on a New Zealand Is he's a bit
that didn't get that?

Speaker 5 (01:27:18):
Will?

Speaker 22 (01:27:18):
They have a terrible business class seat here. All seats
face the aisles instead of the windows, which makes literally
no sense and probably the most awkward business class configuration
in the world. And I cannot fathom that Air New
Zealand we're taking delivery of planes with these ancient seats
until very recently. The cabin has no privacy. Besides the

(01:27:39):
lack of privacy, the seat also has the least storage
of any business class seat in the world. We don't
end up pushing back until ten twenty eighty minutes find
schedule on such a long flight. Pajamas would be provided
on quite a number of airlines nowadays, so it's a
shame Air New Zealand doesn't offer anything along those lines.
But the all time amenity kit must have and I'm asked,

(01:28:00):
is missing. They have mediocre food, they're managed my booking
page and website is pretty abysmal in terms of sound.
You'll probably be better off using your own headphones than
those provided. We find there are no individual air vents
and the seats are strange, to say the least.

Speaker 2 (01:28:14):
So bets and business class. I'll give you the price
for that. In the moment positives.

Speaker 22 (01:28:19):
At least, Air New Zealand nails the ambiance. I mean,
if they had a better seat, this would feel so
sleek for this relatively short three hour flight. The pre
departure service is incredible. I have to take off, I
quickly connect to the free Wi Fi. Yes, free for
all passengers on board in all cabins. To my surprise,
the speeds are amazing. Air New Zealand, I discover has

(01:28:40):
some of the best inflight bathrooms in the world. I'm
left with the most comfortable business class bed I can
ever remember having this insane mattress pad. This is better
than some first class mattress pad.

Speaker 2 (01:28:53):
So no privacy, but it's comfortable toilets, good Wi Fi
is fantastic, service excellent. Would he fly again?

Speaker 14 (01:28:59):
I would be.

Speaker 22 (01:29:00):
I'm more than happy to have Air in New Zealand
as my go to airline.

Speaker 2 (01:29:03):
There you go, and he's he's one of the big
influences around the world. Sam SHUEI, Kim Millman are the others.
If you want to fly to Houston in business, it's
about twenty thousand dollars for two people's ten thousand dollars
for no privacy.

Speaker 12 (01:29:16):
Just think how many Nintendo switch toos you can.

Speaker 2 (01:29:18):
There's quite a lot of Nintendo switch tos for that,
you quite right. Glynn back tomorrow morning from six on
the Mike Hosking Breakfast. There's always happy.

Speaker 3 (01:29:26):
Days, were.

Speaker 22 (01:29:32):
Persons on.

Speaker 2 (01:29:36):
We Do break If you timing person bals on it.

Speaker 1 (01:29:42):
For more from the Mic Asking Breakfast, listen live to
news talks. It'd be from six am weekdays, or follow
the podcast on iHeartRadio.

All Episodes

Episode Transcript

Popular Podcasts

Stuff You Should Know

The Joe Rogan Experience

True Crime Tonight

.css-15opob5{left:0;position:absolute;top:0.8rem;} All Episodes

.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}Full Show Podcast: 05 June 2025

Episode Transcript

Popular Podcasts

.css-r6mb8g{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:1;overflow:hidden;}Stuff You Should Know

The Joe Rogan Experience

True Crime Tonight

All Episodes

Full Show Podcast: 05 June 2025

Stuff You Should Know