Episode Transcript
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Speaker 1 (00:00):
Opinion, Edit, Informed, Unapologetic, the mic Asking, Breakfast with Ranger
over Sport SV The Ultimate Performance, SUV News, togs headv.
Speaker 2 (00:10):
WHI You're welcome today. More numbers around our economy that
shows that recovery is very real. Also numbers around the
potential war impact of it drags SAS and their BONDI
attack Warning This morning Day to Kirk with some rugby talk,
Andrew Webster with some Warriors talk, Joe's and Italy Rod's
in Great Britain Pass getting to it Thursday seven past six.
I mean, honestly, the Primary Teachers Union, they're doing my
(00:31):
head on at the moment. So what this country needs
a fewer people like them and more people, you know,
wanting to get on with it, Get ahead, dream beat,
b bold, work harder, generally look at life in a
more positive, upbeat way. Latest problem for the union is
they want facilitated bargaining. I bet they do. Unlike just
about everyone else union based who signed a deal. The
Primary Teachers lots think that they are so special and
(00:52):
so different. The fact they can't reach a deal like
everyone else must be someone else's fault. My line it
always has been, is have a structure a couple of tracks. Bitter,
back and forward are best and final. If you can't
agree compulsory arbitration, it is not facilitated compulsory. You argue
your case, the decision is made. That's the end of that.
These cases we've seen of late, as I mentioned the
(01:12):
other day, all go on for literally months, and they
all end up literally the same. In the recent cases.
Everyone's got about two percent this year, two percent next.
That's not a result that required the amount of angst
and anger and walkouts and placards and TV news stories
with moaning unionists talking about unfairness and shortages. What the
unions have never quite gripped is social license. The broad
idea of unions representing the most vulnerable of workers is
(01:36):
not a bad one, but like so many of these things,
it's turned into an industry where hundreds of people on
large salaries rely on division and upset to have a job.
Happy workers do not make happy Unionists and teachers especially
are not vulnerable. Cleaners are vulnerable. Teachers are largely on
six figure salaries on a bang for buck basis. Unions
don't pull their weight, they're not worth it. Stalling is
(01:57):
not a productive tactic. Placards the last centuries to technique
compulsory arbitration. I dare them to give it a go.
It's short, it's sharp, at ticks a box. We can
all move on. But why would you want to solve
an issue quickly when your very existence relies on the opposite.
Speaker 1 (02:13):
News of the world. In ninety seconds.
Speaker 2 (02:15):
From an American point of view, the wall seems to
be working.
Speaker 3 (02:18):
The leader of the unit who attempted to assassinate President
Trump has been hunted down and killed. Iran tried to
kill President Trump, and President Trump got the last laugh.
Speaker 4 (02:29):
Joint Chief's Chair, he's bullsh We're one hundred hours in.
It's still very early, but the balance is shifting. We've
always got to remember that these operations are complex, dangerous,
and far from over.
Speaker 2 (02:40):
The Israelis are on the same page.
Speaker 5 (02:41):
The Air Force at this moment is together with the
American military, the US Air Force over Iranian skies, hunting
launchers and destroying them. As time goes on, we will
destroy more capabilities and the number of attacks on the
state of Israel will decrease.
Speaker 2 (02:56):
The occasionally counter sensationally one sided, of course, and almost inevitably,
given his way blind decided to have a cracket's living
on where you'll find the camera.
Speaker 6 (03:03):
Then seventy casualties. We have more than seventy thousand displaced people.
People are you can find them, and they're all anywhere
people left their houses two days ago, in the middle
of the.
Speaker 2 (03:17):
Night back in Britain, Sakia stumbled and bumbled and did
it his way into a decision to help.
Speaker 7 (03:22):
What I was not prepared to do on Saturday was
for the UK to join a wall unless I was
satisfied there was a lawful basis and a viable thought
through plan. That remains my position.
Speaker 2 (03:34):
Essentius doesn't agree now that there's macron as for the strike,
who moves the resinks at mosure.
Speaker 8 (03:39):
It's an extraordinary site when you're looking just down here
to see people lying on sun lounges next to this
extraordinary scene which is you know, causing such an impact
to the world's oil supply, but also you know, which
is essentially a war.
Speaker 2 (03:52):
Zone, oil stabilized. By the way, we'll get to that.
In the moment planes are startings move both commercially and charted.
Next thing to watch the cour words and the land operation.
But we'll work you through all of that this morning.
That's news of the fury in ninety the Besson's been
on television. He's jaw boning this hard out. So they've
offered insurance and they've offered nabor le escorts through the
(04:13):
Strait and that has settled the price of oil. And
more decisions and more announcements on that the coming. But
Andrew will give you the numbers in just a moment.
Eleven past six.
Speaker 1 (04:24):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio Power
by News Talks be.
Speaker 2 (04:31):
Yeah, it's going to be interesting. And we're going to
get a couple of defense planes up there, and I
just don't know whether they're going to be genuinely needed.
That Immirates flights inter Sydney arrived last night. There were
more coming. We've got an Immirates one coming as of tomorrow.
Brits are starting. There's no as I said on the
program yesterday, there is no way in the world that
the UAE and Doha, etcetera. Are going to let this
affect the post oil dream. But things slowly starting to move.
(04:54):
It's fourteen parts from him. Partner's Andrew Callahoggan morning. Yeah,
so oil has settled them. It hasn't it one to
resent and co got out there and jaw boned it.
Speaker 9 (05:04):
Yeah they did. They sort of calmed the market there,
didn't they.
Speaker 10 (05:07):
They said they'd escort ships through the through the streets
of a mus and offer insurance. I would comment though,
that the industry responded and said it might not be
quite as simple as that. So yeah, so I thought
I thought this morning we'd run back through the last
twenty four hours. Might because see lots of movement in
financial markets, and in some cases this is following the
sort of expected script. You know, markets more volatile things
(05:29):
are moving around a great deal. It's also very much
headline driven. So the most recent headline drives markets one
way or the other. And the one thing we can
guarantee out of the Trump administration is lots of headlines.
Right now, no one really knows where this goes, though,
so hence the uncertainty. You've got to keep bringing it
back to those major macro drives and try and make
a call on what if any of the potential outcomes
(05:51):
of this conflict have on those big, major macro drives.
So look, in some cases, this is following the expected
script that we're seeing, but in other cases it's not.
We're seeing these sort of unusual combinations of movements. So
it's not unusual to see oil Brent crude jump seven
tap percent in a day.
Speaker 9 (06:07):
It's not unusual to see share markets.
Speaker 10 (06:09):
Fall and the price of bonds fall, or goldville or
gold for what's unusual at the moment is that we've
seen Brent crude go up, but gold go down and
interest rates go up. Because normally, when you see a
sort of shock like this to oil, you get this
flight to safety, you get this outperformance of defensive assets,
and we're not really seeing that combination play out quite
(06:30):
as normally as it would. So the takeaway here, I think, Mike,
is you need to be patient until the outcome has
a bit more clarity. Overnight last twenty for hours since
we last spoke share markets and people, I've had a
couple of people.
Speaker 9 (06:42):
Comment to me about their key.
Speaker 10 (06:43):
We savor what's going to happen here when you've just
got to wait and play the long game here, share
markets have rallied overnight, they've gone back up, particularly in Europe.
Speaker 9 (06:52):
Europe had got hit pretty hard.
Speaker 10 (06:53):
In places in Asia were hit pretty hard. They've gone
back up. The US markets have bounced as well. The
US dollar it had rowdy, they.
Speaker 9 (07:00):
Had gone up.
Speaker 10 (07:01):
That's kind of stalled because that had affected the New
Zealand dollars. So as I said, New Zealand on fowl
below fifty nine cents, it's back over fifty nine cents.
Gold has steadied as well. And as far as the
price of order is concerned, we saw it rally straight
up through eighty dozen. There was lots of hair, you know,
there's lots of There was lots of gnashing of teeth
and saying it could go to one hundred. Well that's
(07:21):
settling between eighty to eighty four dollars at the moment,
and but that will be a day to day that
will be a day to day thing. Actually, the fun
thing I'd say is that actually you are share markets,
which is what we're mostly interested in.
Speaker 11 (07:33):
Kind.
Speaker 9 (07:34):
They've been pretty well behaved in.
Speaker 10 (07:35):
Wall Street thinks this will recede into the background sort
of quite quickly.
Speaker 9 (07:39):
So I hope they're right.
Speaker 2 (07:40):
I'm convinced it will. Australia, I don't know this is
good or bad. I mean, you know, we want our
trading partner to do well, but jeez, it's just an
invitation to pop over the Tasman, isn't it.
Speaker 10 (07:49):
Yeah, So the lucky country got to read on how
their economy is going.
Speaker 9 (07:52):
This is GDP for the fourth quarter.
Speaker 10 (07:54):
It's expanded zerup on eight percent in the final quarter
of twenty twenty five and generated growth of two point
six percent for the year. Now, the market's consensus expectation
was at zero point eight for the quarter. But what
I noticed is that there quite a wide range of expectations.
Some are quite a bit higher, some lower. It's come
and bang on expectations. The year and year number was
(08:15):
two point three percent, so it's actually quite a bit
higher than the expectation, coming at two point six fastest
pace of growth in three years, potentially inflationary. So the
next RBA meeting looming large on the seventeenth of March
because inflation pressures are elevated and we seem to be
getting a little bit more talk out of Michelle Bullock
at the moment, market seems to focus on some of
the detail.
Speaker 9 (08:35):
Mic There was an update on household.
Speaker 10 (08:37):
Consumption that was softer than expected, and this seems to
be where.
Speaker 9 (08:41):
The market's gone.
Speaker 10 (08:42):
So weaker household consumption rose zero point three percent in
the quarter. For example, this CBA economists had expected that
to come in at zero point seven so quite a
bit weaker. So much lower spending on cars than it expected.
Alex tristin tobacco. That seems to be the contribution. Labor
costs also weaker than expected. And we actually saw interest
rates format because the money market refish are now discounting another.
Speaker 9 (09:05):
Height by the RBA.
Speaker 10 (09:07):
I would have thought, Mike at the moment that central
banks would tread carefully and they wouldn't do anything because
given the geopolitical backdrop and associate uncending, you think they just.
Speaker 9 (09:16):
Tie home at the moment until the situation was a
bit clearer.
Speaker 2 (09:20):
We will take some good news here though the exports
are good. We're still running a deficit though, well.
Speaker 9 (09:24):
Yeah, terms of trades. This terms of trade yesterday deck
caught a bit dated.
Speaker 10 (09:28):
We had twenty nine point two billion of exports, three
two billion of imports, two point seven billion trade deficit,
but goods exports up nine percent.
Speaker 9 (09:36):
We like that.
Speaker 10 (09:37):
By destination, here's the podium, China, Australia, the US one
two three that Australian and the US bouncing around in second
and third place milk products unsurprisingly very strong.
Speaker 9 (09:46):
And then it goes travel meat logs.
Speaker 10 (09:48):
If you want to know what we send away merchandise,
terms of trade, ratio of export prices inport prices rose three.
Speaker 9 (09:54):
Point seven percent better than expected.
Speaker 2 (09:56):
That's a positive good stuff numbers. Please.
Speaker 9 (09:59):
Yeah.
Speaker 10 (09:59):
So, the the Dow Jones has rallied three hundred and
thirty six points happy days point six nine percent forty
eight thousand, eight hundred and thirty seven. The S and
P five hundred has rallied sixty points point eight eight
percent six eight seven six, and the Nasdaq has rallied
three hundred.
Speaker 9 (10:14):
And twenty one points one point four percent twenty two thousand,
eight hundred and thirty seven.
Speaker 10 (10:19):
Overnight, the Footsie rallied point eight percent ten thousand and
five sixty seven. The nickay this was so the Asian
markets hadn't seen this, this joyous behavior of the European
and US market. So the NICKA was down two thousand points.
That'll rally today, down three point six percent fifty four thousand,
two hundred and forty five. The Shanghai comp set down
about one percent four oh eight two, and the AUSSI
(10:41):
has they had a bad day, you say down one
point nine percent eight nine oh one. We lost two
thirty percent thirteen thousand, five hundred and thirty one currencies
point five nine three one against the US point eight
three eight nine Aussie point five h nine seven, Euro
point four four to three seven pounds ninety three point
oh seven Japanese en gold five thousand, one hundred and
fifty bucks breakthrough eighty dollars and ninety.
Speaker 9 (11:02):
Three cents tomorrow.
Speaker 2 (11:03):
Andrew Keller has sure end partners. On the back of
a very good week tourism wise. We got the announcement
from Marriett internationally yesterday that Saint Regis are coming to
the country and do not underestimate the para Saint Regis.
Regis is at the right at the top end of
hotel accommodation, and what this country lacks, I'm afraid to
tell you, outside of lodgers and stuff, is some very
(11:23):
high end hotel accommodation. There are people all over the
world that are prepared to pay some very very very
big money to stay in a flash place in Saint
Regis as part of that equation. So they're coming to
Queenstown opening twenty seven or twenty eight, so that's very
good news. Six twenty one, The News talks he.
Speaker 12 (11:37):
To be.
Speaker 1 (11:40):
Cool, The Mike Asking Breakfast Full Show podcast on iHeartRadio
powered Blay News talks at be.
Speaker 2 (11:47):
Poll out this morning. The war's not working for Trump.
He's in deep trouble politically. But I'll crunch those numbers
for you shortly post Clinton or the Clintons and their
deposition the other day of the House Oversight Committee. Lutnick
seas he'll go in front of them. Howard, I didn't
have anything to do with Epstein post two thousand and
five whoops, until I turned up on the island twenty eleven,
(12:09):
So that'll be an interesting listen. Also, Rod, later, we've
got three men arrested in Britain for spying on China.
It suggested that one of them's the partner of a
Scottish labor MP, so that might get it. See doesn't rain,
but it palls for Starmer, doesn't it. Six twenty five.
Speaker 1 (12:25):
Trending now with them as well, and your Home of
Sports and Nutrition.
Speaker 2 (12:30):
And how is it that san Chairs and Macron think
it's illegal but starmers all funnily magically decided, is I mean,
how do you explain that he's such a dufus? Anyway,
Cricket T twenty very good, winno over South Africa. So
that's good. So we're going to the final India v
India or of England. Who cares? We'll win that? So
Cricket unfiltereds the podcast longest running weekly Australian podcast. Apparently
(12:51):
Andrew Menzil is your host Menas Our Menas, and he
has Stuart McGill alongside, and periodically anyway, Menes brings up
the treatment of Candice warm from the South African twenty
twenty eight too or twenty twenty eighteen tour. If you
don't know that story, it's Warner sunny Bill masks all
that sort of don't worry about it.
Speaker 13 (13:08):
Yeah, they can go pretty low.
Speaker 14 (13:10):
Well, I think it's pretty low talking about it for
starters manners. So I think you know you didn't need
to go into details there. That's shit if you're an idiot.
Why they shouldn't go into details about things like this? Listen,
she's a friend of mine as well. I'm sorry for Listen.
I feel sorry for you because you're obviously so pigheaded.
Speaker 13 (13:27):
Why I didn't bring anything I did. I didn't go
into details.
Speaker 15 (13:31):
You are a moron. Continue next topic?
Speaker 13 (13:34):
All right, next topic?
Speaker 2 (13:36):
Do you reckon? They went on to the next topic.
Speaker 16 (13:38):
Move on.
Speaker 17 (13:38):
You're missing my what I'm trying to say because I
think move on. I'm trying to move on, Warner and
move on, move on, warn of some.
Speaker 15 (13:46):
Great Listen, you muppet.
Speaker 14 (13:48):
When I say move on, I'm not saying keep talking
about something.
Speaker 1 (13:52):
Move on.
Speaker 13 (13:52):
It's my show as well. I can keep talking.
Speaker 15 (13:54):
Go on, keep talking.
Speaker 13 (13:55):
No, I want to move on to the bang of
that stuff.
Speaker 15 (13:56):
Good.
Speaker 17 (13:57):
All right, So Australia announced are we going to angled
Esh up to the north for three tests?
Speaker 15 (14:02):
I look really upset. I am upset. Did you move on?
You're a joke?
Speaker 9 (14:06):
Mate?
Speaker 15 (14:07):
Move on?
Speaker 13 (14:08):
Well you seem very irritable.
Speaker 14 (14:10):
Yeah, mate, look up. I may jump across the mic
in any second.
Speaker 2 (14:14):
Anyway, Men has decided he'd had.
Speaker 17 (14:16):
Enough Bangledesh for two test matches. Actually, you know what,
that's it for this episode. Thanks for joining us.
Speaker 2 (14:22):
Yea, his voice is Wavering's very Kyle and Jackie Owen,
What was a bit of a bit of swearing at
the end as they stormed out? Was there anyway? Was
that publicity here? Random business. Was migil the guy got
in trouble? Was he the guy? Yeah? Same guy? So
Kelly y e old God bless him at Westpac has got
his calculator and his abacus out and he's trying to
(14:44):
work out if this war goes for a bit, Hick says,
says this morning, it's eight weeks now. I'm I'll tell
you why I'm so bullish on this shortly. But anyway,
Kelly's got a abacus and calculator up and he's done
a few numbers around the impact on the New Zealand
economy under a certain set of scenarios. So we'll work
you through that shortly.
Speaker 1 (15:03):
You're trusted home for news, sport, entertainment, opinion, and Mike
the Mic asking breakfast with Bailey's real estate altogether better
across residential, commercial, and rural news talks had been.
Speaker 2 (15:16):
But he's on Maloney in Italy at the moment. She
allegedly had a special relationship with Trump. Mind you, so
did Starmar, or he thought he did, But all of
that seemingly accounts for nothing. The request has come from
the US to use some Italian airbases, so we'll get
the Italian perspective shortly. I meantime back here at twenty
three to seven, were starting to get new forecasts around
the economic impact of the Iran and cursion westpack of model.
(15:37):
For example, if the straight uper move shuts for a month,
oil could hit one thirteen a barrel, it eventually results
in a half point being knocked off the GDP and
puts our inflation above four percent. Now, Kelly Echol, that
Westpac chief economist, of course, has done these numbers for us,
Kelly morning, good morning. How fluid is this? I mean
best and overnight jaw bones oil and it's settled. Does
that unsettle your numbers?
Speaker 18 (15:58):
Well, I mean I think the whole situation is quite fluid,
which is why if you look at our estimates they
have really wide confidence bands, because we don't know how
long this will last, how high that oil price will go,
and critically how quickly it will take the trade to
start to transit in and out of the Gulf.
Speaker 2 (16:16):
Yeah, if it's do you have a timeline in mind
in terms of if it's two weeks or less, there's
a spring, if it's eight weeks there's a slow burn back.
Speaker 18 (16:29):
I think that if it gets up to eight weeks,
it'll start becoming a pretty serious situation. Right now, no
oil and gas is transitting through the region, and that's
going to have pretty big knock on effects to our
big industrialized trading partners up in East Asia who are
critically dependent on that gas and oil coming out of there.
(16:52):
That could really depress their output, and that would have
knock on effects in New Zealand as well as whatever
business and consumers make it at all. And whether there's
the potential there, that confidence really takes a big step back.
Speaker 2 (17:04):
I was reading something similar in Australia yesterday. See Australia's
got l energ and cole So therefore their price is rise,
so that gets offset with the oil they can't get.
We don't have any of that, do I mean, we're
just so little and so vulnerable, aren't we.
Speaker 18 (17:16):
That's right from an energy security perspective, we don't really
have that backstop. We've only got a few weeks of
key petroleum products sitting there in the tanks. After that,
we're really relying on the boat turning up afterwards to
kind of meet our needs. Afterwards, MB tells us that
they've got contracts in place for that, but in a
(17:37):
war situation, there's always going to be a degree of uncertainty,
whereas the Australians do have some gas basically that they
can use for their own purposes if necessary.
Speaker 2 (17:46):
Indeed, the numbers that you put yesterday they didn't strike
me to be honest as alarming. At what point should
we become I mean in terms of GDP and c
BE I all that sort of stuff, At what point
should we become alarmed?
Speaker 18 (17:59):
I mean, I think if we're still sitting here in
say six weeks, and there hasn't been any progress, I
think it'll be pretty alarming. I mean, the numbers that
we've estimated are imprecisely vetted, because it really does depend
on the degree of other factors that are going on.
For example, confidence is a very big impact in some
(18:20):
of these models, so there's also inflation expectations. So you know,
you could easily imagine that there could be bigger impacts
if I look at say the confidence impact on business
confidence in the early nineties in the seventies in New
Zealand that had much larger impacts on GENDP.
Speaker 2 (18:41):
But also a different world though the.
Speaker 18 (18:43):
Absolutely yeah, so you can't necessarily translate that through to
where we are today.
Speaker 2 (18:47):
Kelly, good to talk. You appreciate it very much, Kelly
cold WESTPACTEEP economists. It is not World War three. My
wife's talking to some people world War three. It is
not World War three. China's not getting involved. Russia is
not getting involved. If you want to know why, read
it about it. China's the most self interested country on
the face of the earth. There is no interest in
China in getting involved in this. Russia doesn't have the
wherewithal even if they wanted to. Are the Golf States.
(19:09):
I said this on the Progum yesterday. There is no
way in the world that Qatar and the UAE are
going to let this continue. Qatar and of course the
Golf States. The Arabs don't want to attack Iran, but
they will. Qatar, especially if you look at the comments yesterday,
They're not going to let that stand. What has happened
to them. I don't know why Trump is surprised. I've
said the several times this week. I have no idea
(19:31):
why Trump is surprised that the Golf States got hit.
If you're being scorched, which of the Iranians are you?
Go out all guns blazing and so that's why the
Golf States have been hit and they will hit back
once they're red their calculation. Iran's calculation that the Golf
States would move towards Iran and not America was thick
as and they're going to learn that lesson. But Qatar
(19:53):
will be the next. And then we get the business
of the ground operation. The Kurds have been armed for
months the CIA, and I'm assuming in the next day
or so once they get control of the skies, which
Hegseth says will happen the next couple of days. Once
they get control of the skies, they'll get the word
to the Kurds. The Curds will rise up. That'll be
the ground offensive and it will be the beginning of
(20:14):
the end.
Speaker 1 (20:14):
Eighteen to two The Mic Hosking Breakfast Full Show podcast
on iHeartRadio powered by News Talks B.
Speaker 2 (20:23):
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business running on the business fiber pasking. The poll's no
good for Trump. This is the Daily Mail jail partners
out this morning. He's down four to forty four, lowest
ranking to date, only twenty four percent of Americans think
that this is going to make any difference. Fifty five
percent think the risk of terror on US soil's gone up. Overall,
(21:49):
forty percent say their view of Trump's become more negative
in the last week. Twenty six percent say positive the
main reason they're problem And it goes back to, you know,
fight all the wars you want, but one prices are
too high, and now he started a war. So the numbers,
I mean, those numbers will change, of course once it
all gets resolved successfully, if it does. And that's what
(22:10):
war does do with presidency, and history tells us that fourteen.
Speaker 1 (22:13):
Two International correspondence with ends and eye Insurance, Peace of
mind for New Zealand business.
Speaker 2 (22:19):
McKenna and Italy, A very good morning to you.
Speaker 19 (22:22):
Good morning mine.
Speaker 2 (22:23):
So we' is Italy in all of this?
Speaker 19 (22:25):
Well, it looks to me.
Speaker 20 (22:26):
Like Georgia Maloney, the Italian Prime Minister, was caught on
the back foot, not the only European leader to be
kept out of the loop, but her special relationship with
President Donald Trump didn't seem to count for much with
this invasion. Meanwhile, Italy's receiving requests for air defense and
anti drone systems from the Gulf countries caught up in
(22:46):
this conflict.
Speaker 2 (22:47):
They got a gibbe.
Speaker 19 (22:50):
Well, I think the Italians are actually stretched.
Speaker 20 (22:52):
The main request is for the what they call the
samped surface to wear missiles. It's a French Italian city,
but many of these are now being supplied to Ukraine,
so they might be in short supply for the Gulf States.
I'm not sure if there's going to be enough to
go around.
Speaker 2 (23:09):
Okay, what about the use of basis for the defense
as they call it.
Speaker 19 (23:13):
Yeah, well, this is a little ambiguous.
Speaker 20 (23:15):
The government is saying that no official request has been
received for access to the five bases that are in Italy,
but I think there is some flexibility there. There are
some suggestions that the Americans are already using Sigonella base
in Sicily for launching drones into the Middle East.
Speaker 2 (23:35):
Okay, is Maloney commenting public She decided to mean I'm
watching Sanchiz and Macron and Starma work out the legalaxies
of it all. She commented on that, Oh, she's.
Speaker 20 (23:45):
Been very cautious in what she said, not really coming
on too strongly in support, but trying to go somewhere
in the middle saying she wants to see an end
to the conflict, but Iran has definitely done.
Speaker 19 (23:59):
The wrong thing by the rest of us.
Speaker 20 (24:01):
So I think she's playing her cards close to her
chest at the moment.
Speaker 2 (24:05):
The pologist gave out on Trump, it doesn't work for
him politically at the moment, any sense of what the
Italians think of it.
Speaker 20 (24:12):
Look, I think this is a great concern for Maloney's popularity.
Seven out of ten Italians are against this conflict in
the Middle East, and they see it as a grave
violation of international law. And if it goes on too long,
I think it's going to affect her and her popularity.
Speaker 2 (24:28):
And then we just had a banker on here crunching
a few numbers of the straight stays closed. It wouldn't
be the same for you because you're coming back up
the other way. But is there any sins of an
economic impact of this, dregs for sure.
Speaker 20 (24:41):
Already we're seeing European fuel prices have nearly doubled in
the last few days. Italy's seeing record fuel increases, a
sixteen percent increase in diesel fuel. Household bills could rise
by up to fifteen percent by April.
Speaker 19 (24:56):
According to some experts.
Speaker 2 (24:58):
What's the vibe. You look to you right on them,
you got a war. You look south on the map,
you got a war. It's sort of you're feeling a
bit squeezed.
Speaker 20 (25:05):
Yeah, I think Italians are a little bit nervous about
where this is going to go and the concern about
the potential attacks. We saw a report come out today
from a reputable source saying that there was a heightened
threat of terrorist attacks and violence in Europe as an
overflow from what's happening in the Middle East.
Speaker 2 (25:25):
Just while I've got you, tell me about the Last Judgment.
How long does it take to clean something like that?
Speaker 20 (25:32):
Well, I hope some of your listeners have seen Michelangelo's
Last Judgment inside the Sistine Chapel. I'm sure they have,
believe it or not. It's been damaged by the impact
of millions of tourists sweating inside that Sistine Chapel. So
the impact of human sweat and human breath has caused
some discoloration of the painting. Now it's under scaffolding, it's
(25:55):
undergoing a deep clean and it should be completed by Easter.
Speaker 2 (26:00):
I've got you. Also, the charging of stuff like the
trevy is that working people paying. Is are numbers down up?
What's happening with that?
Speaker 20 (26:09):
I think the numbers are flowing. I did see some
numbers the other day. Unfortunately I haven't got them in
front of me. But I don't think it's to touring people.
In fact, Mike, walking around Rome yesterday, I was surprised
at the huge numbers of tourists still pouring into Amazing
and it's only March.
Speaker 19 (26:25):
We haven't even got to East Ye.
Speaker 2 (26:26):
Yeah, I mean, in all honesty, I'd rather shoot myself
than go to Rome in July, wouldn't you. I mean,
I mean you mon't be able to move for Americans
with backpacks exactly.
Speaker 20 (26:37):
But I think the tourism season is certainly extending from
February to November now.
Speaker 2 (26:42):
So always a joy to talk. Take care, Joe McKenna
in Rome. By the way, they had some votes. I'm
in the weeds a bit here. They had some votes yesterday.
In the States, these are the very early business of
the primaries later on in the year in the state
Texas was your main story. I'll come back with the
results in a moment.
Speaker 1 (26:59):
Nine to seven, The Mike Hosking Breakfast with Ranger of
a sport sv News, togs env.
Speaker 2 (27:05):
Scot has barred the redrawing of the boundary lines for
the Congressional district of New York City. They did that
about a day ago, so the incumbent was happy about that. Meantime,
in Texas yesterday they had some very early preliminary votes
in this in these midterms which are later on this year.
They voted in Arkansas, North Carolina. The big news was
in Texas. In Texas, James Tillarico. This is the Democratic
(27:28):
side of the equation. James Tillerico won beat the congress
woman Jasmine Crockett, so he goes through to the main
midterms later this year. But the Republicans isn't decided because
the Texas Attorney General Ken Paxton was against the US
Senator John Cornyn. They didn't get fifty percent. It's one
of those races where you need a fifty plus one.
They didn't get it. So the runoff is in May
(27:48):
the twenty sixth, five to seven.
Speaker 1 (27:51):
Well, the inns and the outs. It's the beiz with
business timer take your business productivity to the next level.
Speaker 2 (27:58):
Housing News Catelites US Home Value Index. What are we up?
Are we up? Yes? We are zero point two for
fair biggest increase in the last four months national median
value in February almost eight hundred and seven thousand. Your
main centers did well. Donners, the dunner's role continues to
need an up zero point nine. That's just for the month.
That puts the medium price at six nineteen. Hamilton up
zero point nine seven eleven. Christ Church next best at
(28:21):
zero point six seven oh one for you, taro A
up half a percent nine hundred and thirty, Wellington up
zero point four. There's some life I like that seven
seventy eight. Auckland but flat zero point one bit over
a mill one point zero four million in Auckland. Very
good numbers outside the main centers, though, wang and one
point two percent for the month five hundred and twenty
one is what you pay on average in Icargo at
(28:41):
one point one. Gizmon up at zero point nine. It's
called it almost one percent. Queen's down a bit flat,
mind you, when you're paying a million five on average,
the growth is not exponential. The only place is to
see a small drop. By the way, wrote a Rua
and New Plumouth. Don't you worry once the LMNG thing
arrives a it'll be boon times, be boom times with
the wand the lean light. Now, so the exports are good.
(29:04):
We're still running a deficit, which I don't like. Got
to pay you away in the world and we're still
not doing that. But the exports are doing the heavy
lifting at the moment, you got your meat, your tourism.
Tourism's back. I think that's probably the best news story
of the week in a consistency terms and terms of
data on what we're getting by way of a vibe,
Tourism seems to be back at last. Anyway, exports for
the last quarter of last year are produced some very
(29:26):
very solid numbers, so we'll look forward to presenting those
to you. So, Brian Roche, Public Services Commissioner, we're still
got this headache with the primary teachers. David Kirk is
coming in to see us this morning to talk a
bit about the rugby and Andrew Webster. Yes, this is
our year, so he will be giving us the warrior's
word as well.
Speaker 1 (29:42):
The newsmakers and the personalities, the big names talk to
Mike the Mic asking breakfast with a Vita, retirement, communities,
Life your Way, News, togs Head be falling.
Speaker 2 (29:53):
Seven past seven. Are more data this morning that confirms
the New Zealand economy is building a head of steam
as the recovery takes whole. New export number show we
pulled than almost thirty billion twenty nine point two billion
for the December quarter, which is up two point two billion.
There is up ten, tourism up nine and a half,
meet up twenty one and a half. Two way trades
also reached a new high that's at sixty one point two.
Catherine Riches, the Business New Zealand, Boston is with us. Catherine,
(30:14):
good morning to you.
Speaker 13 (30:16):
Good morning.
Speaker 2 (30:16):
Would you expect Q one to be better? Still? Have
we got to move on here?
Speaker 9 (30:21):
Well?
Speaker 11 (30:21):
I hope the trend continues today's yesterday's news was certainly
good for exporters and the local economy. And it just
shows when the global demand for food strong, New Zealand
export numbers move quickly, so very positive.
Speaker 2 (30:35):
What is the supply demand curve? Have we got more
to sell of the world wants it?
Speaker 12 (30:41):
Well?
Speaker 11 (30:42):
Depending on who you speak to, exporters will tell you
that we make enough to feed around forty to fifty
million people. So when that's the number, you want to
make sure that when you're selling your products around the globe,
you get the highest value possible. And that's what we're seeing.
We're seeing a globe bump to meat and that is
because there's a currently a global shortage of red meat,
(31:06):
particularly lean meat, lean beef into the States for their hamburgers,
and also a bump and dairy prices.
Speaker 2 (31:15):
Indeed, the diversification we talk of around things like tariffs
and a moving global landscape, Are we moving? Are we shifting?
Are we as agile as the trade minister would make
us out to be?
Speaker 11 (31:26):
Yes? I think, I mean certainly, over the last couple
of decades, exporters have worked extremely hard to diversify. And
what we found post the President Trump tariffs was that
it was just another impetus again for exporters to say, well,
where can we move our products so we can drive
the highest value. And that's what we're seeing in these
(31:47):
latest numbers, a greater value, a small bump in volume,
but mostly it's getting higher prices, which is good.
Speaker 2 (31:56):
This protein story I'm reading about this global Suddenly the
world seems to have woken up to the value of protein.
Is that real and is it on going? Do you
think it is?
Speaker 11 (32:06):
A real trend. But then it's always been part of
an a vital part of the human diet, and we're
still seeing that trend where the rising middle class, the
moment they get more money and have a higher income,
they want a better diet. And that's why New zealand
exports of dairy and meat are so important and why
(32:29):
over a period of time we're getting more popular.
Speaker 2 (32:31):
I tell you what I was saying just before the news.
My sense of this tourism thing. I've been critical about
tourism because it's not back to where COVID was, but
it seems to have turned in the last couple of weeks.
These numbers coming through tourism seems to have a fission.
Is that fair?
Speaker 11 (32:46):
Certainly it's in a recovery phase. We get around three
and a half million tourists per year, and I think
when you're walking around Auckland and Wellington, I'd say mostlessness
would think that there's a sense of breath above. You
can feel it.
Speaker 2 (33:00):
One percent.
Speaker 11 (33:02):
We're still not back to twenty nineteen, but over time,
and certainly with New Zealand's currency, we're a good value
place to come visit.
Speaker 2 (33:12):
Yeah, that's a very nice way of saying our dollars
in the toilet and it helps. But thank you, Catherine,
appreciate it. Business New Zealand CEO Catherine rich ten minutes
past seven passpeaking money. What is it about the Primary
Teachers Union that seemingly everyone else in the public service
can sign off a deal but they can't. Union now
wants facilitated bargaining. Trouble for the actual teachers is the
longer this goes, the more backpay they miss out on.
(33:32):
Currently they're not getting seventy six dollars a week. So
Brian Roach as the Public Service Commissioner, of course and
is back with us, a very good morning to you.
Speaker 1 (33:40):
Good morning liight.
Speaker 2 (33:41):
Is the treaty still an issue for them.
Speaker 21 (33:44):
That seems to have dropped away?
Speaker 22 (33:45):
Are we?
Speaker 21 (33:45):
But you know I've written to them a number of
times reminding them that we are here to deal with
terms and conditions. I remain really committed to that, and
I'm deeply frustrated and somewhat being boarded that holding out
for something that we're not going to I should deliver the.
Speaker 2 (34:01):
Do the teachers know what they're being offered at the moment?
Did they seen them?
Speaker 21 (34:06):
They weren't offered by their union our last office to them,
which I find really disappointing. What would the downside be
of giving somebody the choice? The last time they were
asked was prior to Christmas. We didn't get a year's vote,
but we don't know what the percentage of that vote was.
Speaker 2 (34:21):
So how do you know that anybody's told it? How
does that?
Speaker 23 (34:24):
See?
Speaker 2 (34:25):
I'm not a unionist, never have been. I don't know
how this works. So on my behalf as a teacher.
The union goes away and does whatever they do with you,
and they may or may not come back to me
and tell me what's going on. Is that how that works?
Speaker 22 (34:37):
Correct?
Speaker 21 (34:38):
They may or may not, and they may endorse, and
they may not endorse. So it's a really great question,
is you know, where is the value proposition that they're
adding here? Because we feel very strongly that teachers have
been deprived of cash in their hand every month by
the last union. All the others seem to have found
a way through, but they seem to find that very difficult.
Speaker 2 (35:00):
So whose interests are they looking after that? If they
don't go back to the people who employ them, whose
interests are they looking up?
Speaker 21 (35:06):
That's a very open question. I mean, they work very
hard for their union members, there's no question about that,
and provide a range of services. But on this particular issue,
I find it deeply frustrating that our offers are not
being put directly to their.
Speaker 2 (35:20):
Members and you can't do anything about that.
Speaker 21 (35:22):
Presumably I can't without breaking sort of the law, as
I've been told, But I am actively thinking about how
we deal with people who are not in the unions.
Speaker 2 (35:33):
Well, what are you going to do about that? What
can you do about that?
Speaker 21 (35:37):
Well, that's a bit I'm working through. It just seems
unfair that those who are not union members are not
able to access this offer. So over the next week,
I'm working through how I reached the equipment. I think
there's about eight thousand people who are not in the union.
Speaker 2 (35:51):
In your gut. If you went directly to teachers and
said here's what's on the table, did you one realize
that and be what do you reckon about it? What
do you think they would say?
Speaker 21 (36:00):
I think the majority would say, we've given an affair shot,
this is as far as we can go in this
bargaining round.
Speaker 24 (36:05):
Let's move on.
Speaker 2 (36:07):
Don't they see that? With the evidence so far, I
mean pretty much, everyone's got two and a percent this year,
two percent next year. It's all worked out roughly the same,
hasn't it? Within a margin?
Speaker 15 (36:17):
It has?
Speaker 21 (36:18):
And you know we have been incredibly consistent right through
this process. We've never misled them. We've remained very strong
on a messaging that other unions have seen that this
union hasn't. I'm at a losses to understand why.
Speaker 2 (36:30):
All right, we'll stay in touch and come back to
you soon. Sabrian Roach, a Public Service commissioner, were you
aware of that? If you're a teacher listening to that,
were you aware of that? Is that how the unions
play games in this country? Warning from the SIS have
a BONDI more shortly fourteen past.
Speaker 1 (36:43):
The high Asking Breakfast Full show podcast on iHeartRadio powered
by News Talks at.
Speaker 2 (36:49):
B David Kirk, Rugby union chairman, with as shortly and
Andrew Webster rapt seventeen past seven. So we find out
this morning that our SIS has concluded the BONDI attack
in Australia could happen. They call it low capability terror.
It's the sort of incident we need to be prepared for.
Andrew Hampton is the Director General of the sis, and
as with thes Andrew, morning to you, Hi, Mike. Taking
(37:10):
nothing away from your undoubted expertise, this is hardly rocket science.
Is that if you're just looking for one nutter who's
been a bit radicalized and get his hands on a gun,
there's your trouble, isn't it.
Speaker 23 (37:20):
Well, us and police are aware of a small number
of people who we know have the intent and could
easily get the capability to undertake an attack here. Similarly,
we know that there's a lot of people, particularly young people,
engaging in violent extremist narratives online, and then you factor
(37:41):
in the deteriorating global situation, and all those factors mean
that we see another attack here as a realistic possibility.
It's likely to be an individual who's acting alone, radicalized
online users readily available capabilities like a knife or or
a car, maybe a gone if they can get hold
of it. I think one of the notable things is
(38:03):
there's no single ideology dominating. So yet we have white extremists,
we have people inspired by ISIS and al Quaeda. We
have people who see violence as a way to achieve
some political outcome. But we're also seen and this is
concerning young people who are just really shopping around between
different ideologies online and maybe the thing that's driving it
(38:26):
is just a fixation with violence.
Speaker 2 (38:28):
Can you spot them a mile away?
Speaker 23 (38:32):
And the democracy like ours, we're not all seen and
all known in us in place in my colleagues at GCSP,
we're doing the best we can to locate these people,
but the fact is it is likely that someone in
the public will spot the signs of radicalization before we do,
and so we've produced a pretty i think, practical set
(38:59):
of guidance. It's on line and you can we circulated
to teachers and things around what are the signs of radicalization?
And you know, this is based on twenty years of
being in this business of investigations and much of it
is about people engaging with that violent content online, but
there's there's other other indicators as well, you know, people
(39:19):
who may be adopting, you know, sort of an odd
security approach or doing doing research into you know, particular capabilities,
that type of thing. So we really encourage people to
just spot those signs and let us or police know
if they see someone who seems to be on that pathway.
Speaker 2 (39:35):
It's amazing earlier, but it's an amazing that you should
read that, you should see the text feed into the
show every morning. I mean, you know, most people have
got a brain. But I can tell you what there
in my forty five years in this industry, the world
has changed in a dramatic way.
Speaker 23 (39:48):
Yeah, we're seeing increased polarization in society across the board. Obviously,
lots of US and them narratives. People with a sense
of grievance and and then look online for others who
may share that view, and the riskers grievance can move
to seeing violence as the answer pretty quickly.
Speaker 2 (40:09):
Yeah, all right, Andrew, nice to talk to you appreciate it.
Andrew Hampton, who's the DG of the SIAS Edmunds v
Luxem what do you reckon? They are two big political
losers of the week. More shortly seven twenty.
Speaker 1 (40:24):
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Speaker 2 (40:32):
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Speaker 1 (41:27):
Pasky eleven twenty four.
Speaker 2 (41:29):
So is it one all? The PM dug himself a
hole over Iran. Barbara Edmonds dug herself a hole in
the Herald as far as holes go. I regard the
Luxe and Hole as slightly less problematic, given the war
is not in our direct purview and there is nothing
we can do about it, but it does display the
ongoing issue the Prime Minister appears to have with many
New Zealanders. He doesn't look like he's confident. He doesn't
tell it like it is in a world where people
(41:51):
who do tell it like it is generally succeed. He's
still playing mister nice guy and getting trapped by a
media pack you love. The smell of blood Edmunds is
a real worry. Is Nice so nice? She told us
quite openly, getting a surplus isn't happening anytime soon, and
she doesn't have a clue how to pay for the
most expensive promise they've made, which is restoring pay equity.
Now you can argue around the dual mandate for the
(42:11):
Reserve Bank, but that's wants. Territory dollars and cents are real,
and it's our back pocket that's going to be affected
in paying for all of this. A sad outworking of
MMP i've observed is we have an increasing number of
inexperienced players in the game. Basically, they don't know how
to run the joint Luxon knows business, which ties in
with the economy, which is why things are starting to
turn for us. This government has done a decent job
(42:32):
on that, but he's an amateur on foreign policy. You
only had to listen to Winston Peters yesterday on this
program to know that people who have been there, done that,
have seen the world change, therefore can explain it. And
he doesn't take crap from Junius, which is what too
much of the press gallery is made up of these days.
The nuance and sophistication of reporting is largely gone and
replaced by clickbaits and Luxeon, being too nice a guy
(42:54):
and too inexperienced in certain areas, walks right into it. Barbara,
on the other hand, is entitled to have views, of course,
but this is why Labour won't win the election. She
has clearly learned nothing from watching robertson Torch the place,
and because that was only three years ago, the memories
in the voter's minds still very sharp. So in a
Gun's at Dawn, lucks and wins because foreign policy jibbajebber
(43:15):
isn't as serious is economic sabotage and incompetence, but neither
should have become the issue. They have pasking very good
day for New Zealand real estate as of tomorrow, March sixth,
that is when the foreigners start to come back and
they're not going to flood in. So if you're against
the policy, if you're Winston Peters ESK, can your view
of loosening up the real estate market a little bit
(43:36):
to some very wealthy people who want to, oh goodness sake,
I don't know, bring their money, bring their expertise, bring
their vision into the country, grow the place. Employees, some
play employees, some people start some businesses, grow some businesses,
you know, all that annoying stuff that we don't want
any of anyway. So as of tomorrow, the foreigners are
going to be able to buy the houses worth in
excess of five million dollars. So so far, five hundred
(43:58):
and ninety people from thirty three countries have applied for
the residency under the new AIP visa program. So basically
you put in five or ten depending on who you
are and what you want. Million that is. But the
problem is we're short of the flash houses. These are people,
so the five million barrier most of US aren't buying
a five million dollar house. Therefore it's not going to
affect the ruin the state market in any way, shape
(44:20):
and form, So all the xenophobes can pop back into
their box. But what these people are looking for are
homes in excess of twenty million, and outside of Auckland
and Queenstown there are none. And even in Auckland and
Queenstown there are very few. There are I am reading
yesterday not enough super flash houses in this country. So
it's a supply demand issue. But as of tomorrow we
welcome them in with open arms. News is next a
(44:44):
news talk said.
Speaker 1 (44:47):
Credible Convelic. The breakfast show, You confess it's the Mic
Hosking Breakfast with Rainthrow of a Sport SV the Ultimate
Performance SUV News Togs eDV Andrew.
Speaker 2 (44:57):
Webster Afterwright for the Warriors tomorrow night. This does, of course,
twenty three minutes away from a so did the rugby.
Speaking of sport, at least one of the jobs that
the Union's been filled now Dave Rennie's you Knew All
Blacks coach. Rennie's first test is the July series. We've
got France, Italy in Ireland. David Kirk is the Rugby
chair and he is with us. Very good mornington, we'll
see the Were you spoiled for choice between the two?
(45:20):
It was to all you needed.
Speaker 25 (45:21):
Yes, you know you'd always liked more in principle, but
when you've got two very high candidates, very high quality
candidates like Jamie and Dave, we certainly both were absolutely
appointable and we're delighted that.
Speaker 16 (45:36):
To have appointed Dave.
Speaker 2 (45:37):
How close close you know.
Speaker 25 (45:41):
The panel, a very high quality panel, spent two hours
discussing the merits of the two candidates. We're very rigorous
and analytical and going through the strengths and relative weaknesses
of the candidates. And you know, we concluded quite firmly
and certainly unanimously that Dave was the person that we
wanted to appoint. But Jamie's got real qualities.
Speaker 2 (46:01):
What was the book? Just worp here? So I'm a
rugby fan, but I'm not in the weeds like you
guys are. So you look at as chiefs Record, you
look at Australia, you look at Japan. Is that material?
Does an year it count more or less?
Speaker 16 (46:14):
Yeah, it's a good question.
Speaker 25 (46:16):
You do look at Record, but you look as much
as you look at the record of the performance of
the teams and the actual results of the teams.
Speaker 16 (46:24):
You look at the environment that they built and the.
Speaker 25 (46:27):
Capability they've developed in the team, the capability to go
to the next level. For instance, in Australia, they didn't
have actually great no numbers on that, but the momentum
that was in that team as they went into the
World Cup year was pretty powerful. They had lost two
of the strongest teams in the world, France and Ireland,
in the last minutes of a northern tour when they
(46:48):
were pretty staffed. So I think, you know, it was
clear to me that that team was really building for
the World Cup.
Speaker 2 (46:53):
That's a vibe thing, though, isn't it. See I chat
gpt'ed Renny and I see it is Reny a good
coach and chat GBT came back with its conclusion was
no based on results, and that is true. You have
to say, if you look at Australia, he wasn't particularly successful,
but you're vibing him and that's a risk, isn't it.
Speaker 16 (47:13):
Anything's at risk?
Speaker 25 (47:14):
You know that, But you know it's the other thing
that you that we did in the interview, which is
very clear was talk to them about how they build
cultures and environments. In the end, the coach doesn't run
on the field and play the game. Coach doesn't kick
the winning goal. It's all about developing a team that
can take accountability, knows how to play the game, is
(47:35):
very clear about what it takes to win modern rugby,
and has the right leadership in the right understanding of
what they've got to do and is able to execute.
And that comes down to and that comes down to
environment and the clear understanding of the game plan or
the game model.
Speaker 2 (47:53):
So explain then, because no one, no one understood it.
You know, no one had a better vibe than Razor
for example, did he? I mean he was. People died
for him, and yet it didn't work. Why It's very
hard to say.
Speaker 25 (48:06):
I mean, you sometimes there's just you know, different environments
don't bring out the best in people. And you know,
I think he's a great coach, he's a he's a
very fine coach, and but but you're right, it wasn't
really working for that team. And if you know, you
compare the Crusader's environment to the all Black environment, it
(48:27):
is very different. It's a much more complex environment. And
you are traveling and training all the time. You've got
more people and more things to deal with. But you know,
i'd have to say, I don't really know.
Speaker 2 (48:39):
I don't want to relitigate it. But but is that
on you guys then, because if somebody saw something in
rays that could be elevated, you allegedly were wrong. Is
that on you guys?
Speaker 21 (48:52):
Well?
Speaker 16 (48:52):
I think you never know until afterwards.
Speaker 25 (48:55):
And I mean I'm not one for looking back instad
of blaming people and saying, oh you should have known this,
I should have known that when you know the actually
that information wasn't available. We hadn't had the experience to understand,
you know, how what responses would be and how how
the you know, the group would perform. So I think
(49:15):
it's not great. It's not really sensible to look back
too much. And and and you want to be could
have been sure?
Speaker 2 (49:21):
Why well, as much as we would like to text,
and you know what New Zealand's like on rugby and
coaches and stuff like that. So so one text this morning.
I wasn't going to ask it, but I am. Now,
can you get David Kirk to confirm that it wasn't
the North Island players who picked on Razor. See that's
that I mean. I wouldn't answer because it's a it's
a it's a silly question. I know the answer, but
(49:43):
that's how New Zealand is.
Speaker 25 (49:45):
And I'm actually very pleased that you'd asked that question
because sorry, this is an opportunity for me to to
be very definitive. It was not the North Island players,
not by any means. The decision to change the coach
was not taken by the players. That the decision to
change the coach was taken by the Board of New
Zealand Rugby. That's the accountability that we have. And we
talked to a whole range of people and there was
(50:06):
virtually no difference between which island you came from, no
difference between what your ethnicity was. There was actually no
difference between when you're a old player and the unplayer.
The trends and the themes were very consistent across.
Speaker 2 (50:18):
Which just opposes with Renny because I know, reading in
the Australian media yesterday, a lot of Australians think very
well of them still, so that speaks to his character
And that was part of your equation, wasn't it.
Speaker 25 (50:28):
That's absolutely right and that's the same with all all
black coaches and players. Character accounts for a great deal.
When the heaters on characters, what comes.
Speaker 2 (50:37):
Out explain to me. Within the union, there's a lot
of people leaving why.
Speaker 25 (50:43):
I think there's a combination of things. I think it's
the affluction of time. As we say, people have just
been in jobs for quite extended periods of time. I
don't think there's anyone leaving because they feel disgruntled and
the business is not hitting in the right direction. But
I think for some people, you when you start. I
mean Chris Lendrum, for instance, he's been the head of
(51:04):
high Performance for over twenty years. I think it is
and he just feels a bit wrung out, a bit
ready for his next challenge, but ready for a break.
Speaker 16 (51:12):
We are changing.
Speaker 25 (51:13):
He's been part of helping us design it, but we
are changing the way in which we work with high Performance.
It's just the time is right. And I think that
it's sort of a bit of an unsatisfactory answer. I know,
but for a lot of people, you know, the time
is right.
Speaker 2 (51:26):
There's nothing wrong with that. We had program yesterday is
after the Baltimore Ravens. I mean to be honest, I'd
leave you for the Baltimore Ravens.
Speaker 25 (51:33):
I mean, he's a great guy, and it's great that
he's got such a lovely it's such a great career opportunity.
Speaker 2 (51:39):
Were delighted that that's a dream come true. Conditioning, I
would have thought, are you dysfunctional as a business?
Speaker 16 (51:49):
No, not at all, not even slightly.
Speaker 2 (51:55):
Well, people want me to ask these questions. It seems.
I don't know whether I'm more interested in all blacks
or the business side of the equation because I follow sport,
and sport globally is fantastically successful. Yeah right, I would
argue the rugby union at the moment isn't that successful.
You know, bottom line, it's not that successful. It could
be more successful. I'm just trying to work out whether
(52:16):
it's you guys, or whether it's the sport of rugby
that isn't as big as it could be globally connect
to other sports.
Speaker 25 (52:24):
Let's wait and see before until our results come out.
Before we tell you got good results, I'm not saying
anything about the results because, as you know, having interviewed
many business people over the years, they can't speculate on
their results before they're out there. But you know, we're
not trying to as an operating business running the whole
of New Zealand Rugby end up with a big surplus
(52:45):
every year. We have a lot of reserves as it is.
We'd sold future net revenue in order to put money
into the balance sheet in order to invest it in
a growth strategy. So the aim for the organization, the
board and the management is to run a kind of
break even business and operating we're not losing money, we're
not going backwards because of operating performance, but we're also
(53:07):
there's no need for us to try and accumulate more reserves.
What we need, what we need to do is continue
to invest in the game. And I think you'll find
the game's pretty well fund at the moment and actually
doing pretty well. Prevential Union.
Speaker 2 (53:19):
Do you worry the Baltimore game? Do you worry that?
I mean, I know why you're doing it. If you
can if you can land in an American city and
sell out fifty six thousand and do a lot of
pr and have boat and shake a lot of hands,
this is good for the bottom line. That's fantastic. But
you know that's the all blacks away for another game.
Do you worry that it's not about New Zealand anymore
as much as it once was.
Speaker 25 (53:40):
I do it, but I think the all blacks have
to rugby in general, and the top teams obviously are
the most important ones. All Blacks and black fans have
to find ways of continuing to really engage with the
New Zealand public and engage with the young people. And
there is a financial I would say necessity, but you know,
(54:02):
draw to play more games internationally and a lot more
money from them well, competing to keep our players in
New Zealand and to keep our coaches in New Zealand
and keep the game properly invested in with some big
countries with lots of people and lots of money around
the world.
Speaker 2 (54:19):
You chair a lot of stuff. Where does the rugby
union sit for you? In terms of just enjoyment, It.
Speaker 25 (54:29):
Probably says at either end the the the it's some
of the most enjoyable things that I do, and sometimes
it's some of the I wouldn't say it's unenjoyable, but
it's time consuming and sapping training. It's just the time, really,
And there's a lot of people that pull me in
(54:49):
a lot of directions in rugby. But I get a
real kick out of the out of the environment. I mean,
it's funnily enough. It's it's not so much the high
performance environment which I've been in as a player and
and around subsequent it's actually the community game. When I
see when I go into smaller club rooms, a smaller
unions and see people giving their time for nothing and
(55:09):
the love of the game and the enjoyment they get
talking to me and to other players and things. It
just it's really inspiring.
Speaker 2 (55:16):
Good stuff. Nice to talk to you, Nice to see
David Kirk. It is thirteen to eight.
Speaker 1 (55:21):
The Vike Asking Breakfast Full Show podcast on iHeartRadio powered
by the News talks.
Speaker 2 (55:27):
At be great interview, Mike quality, individual, honest, sophisticated answers.
Speaker 9 (55:32):
Year.
Speaker 2 (55:32):
You don't want to underest make the brain power that's
driving that, Kirk, that is not me, Kirk verious, you
might articulate great in view. Can we have the same
from New Zealand Football. Yeah. I'm eternally fascinated by the
way sport is run globally and in this country, and
being a sports administrator is hard working. We've seen some
(55:53):
interesting stories of not casualties of that lately, Mike, listening
to this interview has not given me much confidence going
forward for the All Blacks. Sounds like more of the same,
no clear answers to failure of the past, and said, well,
when you say, Cliff, when you say failure, it depends
on what you're looking at. I mean he very art
You may not agree, but he very articulated, very clearly
articulated the Renny decision. And wired is it's the person
(56:15):
they've hired, not the results, because the results aren't that
good from the Australian point of view. But having said that,
Kwaid Cooper said yesterday, shout out to Rennie after the
way he was treated by our administration in Australia, to
now find himself with arguably the biggest job in rugby
feels like a bit of karma. We let one of
the best coaches in the game go. Not only did
we let him go, we pushed him out the door.
Congrats to the All Blacks for appointing not just a
(56:35):
top coach, but a good man who understands that the
game is about people first. And then we come to
the business of housing. Interesting insight in just a couple
of moments. More texts and all trade me just quickly
hit me this success fee. They're dropping the success fee
this morning. I don't do trade me. I'm not on
trade me. I'm not interested in trade me. I've never
(56:56):
bought her anything, sold anything on trade me. But they're
dropping the six spee Is that a thing? Neitherweight?
Speaker 1 (57:04):
The mic Hosking breakfast with Bailey's real estate news talks,
there'd be let.
Speaker 2 (57:08):
Me come back to trade me, Mike, why would you
use trade me? Marketplace has no listing success fee? But
that's where all the gangs are, isn't it aren't the
gangs on the marketplace. All the dodgy people are in
the marketplace, as far as I know, That's what my
kids tell me. Carolyn Levet's just been giving us a
brief end quote. We expect to have complete and total
dominance over Iranian airspace in the coming hours, clearing the
skies for our quote brave warriors to continue achieving. They're
(57:30):
called Kurds. The CIA has been arming them for months,
so that's where the ground game is going to start
achieving these noble and long sought objectives. She's calling it
so far resounding success. Trump launched she explains strikes on
Iran quote based off a good feeling that the Iranian
regime was planning to attack the US. So their four
main points are as follows, destroy the Iranian regimes ballistic
(57:52):
missile program, annihilate the naval presence in the region. Seems
to have been successful. That part dismantle Iran's terrorist proxies,
which responsible for attacks on the US coalition forces. That's,
of course, where Lebanon, Hezbla, et cetera, and the Israelis
come in prevent Iran from further pursuing a nuclear weapon.
It would appear to me, Hickseth and I said eight weeks.
I don't know he would know more than us, of course,
(58:13):
but if you look at as blunt as it sounds,
you look at the toll, and the toll is unbelievably
one sided at this particular point in time, and the
Allies are losing very little, and the Iranians are losing
a lot, both in people and displacement and basically in infrastructure.
(58:37):
And so it seems to be that they've worked this out,
and I'm just waiting. The key here is going to
be when do the Kurds get the go ahead to
start turning over the government. I don't know there's any
surrender coming Harmony's son's bin for what it counts appointed
but you presumably have a very specific picture in mind
(58:57):
as to what needs to happen within Iran before the
Kurds the go ahead to take control. If that happens
in the next day or so, that's to my mind
a very good indication as to how well things from
the American point of view, or the Israeli point of
view or both is going. Warriors, this is our year.
So Andrew Webster will fill in the details after the
(59:18):
news which is next.
Speaker 1 (59:19):
To flas and only twice asking the questions others won't
the mic asking breakfast with Bailey's real estate altogether better
across residential, commercial and rural news talks had been.
Speaker 2 (59:32):
It is seven past eight, so here we go. The
Warriors are back. This is our year, twenty twenty six.
Styles tomorrow the opener against the Roosters. Lupe Metcalf to
Murray Martin still out, MITC Barnett is there, but of
course going coach. Andrew Webster's back with this morning Morning
to you. Andrew. You into the season with what level
of optimism twenty.
Speaker 24 (59:52):
I'm laughing because I did. Like every year, I've got optimism.
I'm an optimistic person, and yeah I'm excited. If we
improve on last year and we stay healthy, I think
we can definitely improve in the competition.
Speaker 2 (01:00:08):
Let's stay healthy thing, I mean, is there anything a coach,
any organization can do about things that you just can't
see happening or coming well, Like a lot of clubs.
Speaker 24 (01:00:20):
Put a lot of time and effort and resources into
preventing injuries, and we do that. We're very good at it.
Also a lot of time in once the player returns,
putting a lot of effort in that doesn't reoccur in
the same injury, particularly around soft tissue, but broken bones, acls,
big ones like that. The only thing you could stop
(01:00:42):
them from her themselves is put them in the guards
and don't let them out. But the big thing you
can do.
Speaker 18 (01:00:48):
To have.
Speaker 24 (01:00:50):
A successful years have real depth in your squad, which
in certain positions, I certainly think we've got.
Speaker 2 (01:00:57):
The preseason, what we've seen, What have you got out
of it? Know you're happy, Yeah, we're fit.
Speaker 22 (01:01:03):
And well.
Speaker 24 (01:01:04):
I think every year probably said that, but the boys
took it upon themselves this year. They definitely came came
back from their breaks fitter. We obviously send them away.
They have strong player union represent representation, so they get
good time off, but they came back in a real
(01:01:26):
professional standard and they're fit and ready to go, So
that's that's good. I'm definitely I'm definitely happy. The thing
I compare it to previous pre seasons and I think
it's certainly one of the better ones.
Speaker 22 (01:01:41):
We're not.
Speaker 24 (01:01:42):
The thing I'd say is we're not completely healthy is
in we've got some players to return early rounds, but
we pride ourselves on next man up. And yeah, I'm
completely comfortable where we are. But until you get punished
in the face round one, which we experienced last year
in Vegas, you kind of don't know where you're at.
Speaker 2 (01:02:00):
And what do you make of the draw? I mean,
does the draw matter?
Speaker 12 (01:02:03):
Is?
Speaker 2 (01:02:03):
It is what it is.
Speaker 24 (01:02:04):
I think there's I think there's different things that can
event be an advantage, but it is what it is.
Like I don't put time or energy wasting. I don't
get an opportunity to control it myself as the head coach.
So we go on the road in New Zealand twice,
which is awesome, go to Wellington and christ Church, which
we expand our network outside of Auckland, which is awesome.
(01:02:30):
I haven't gotten in too much detail if you looked
at last years a top eight team, how often we play.
I just worry about the first block of games and
it's a tough run. But if we want to be successful,
going to have to beat those teams.
Speaker 2 (01:02:44):
Those that you've signed off season, are they settled, they
look good? You feel good about them?
Speaker 23 (01:02:48):
Yeah?
Speaker 24 (01:02:48):
There are are, definitely, There are all different stages of
their career. Hayes knowledge is a young guy who's you know,
on his way up. He's got a basketball background, he's
learning the game. He's come to us really professional state.
He isn't debut yet, but he's progressing well. Morgan gann
(01:03:11):
and he's come from the UK. He's played a lot
of football for a young guy, but he obviously hasn't
played in NROL and I think he's done a really
good job to get close to round one and to
see where he's at. And we'll know that in the
next sort of a week or so. So yeah, really
happy there. And Lofi Camperera like he's he's done an
(01:03:33):
exceptional job to fit in as a person. He shows
his how athletic and how fast he is. But yeah,
they've all done a good job at different stages of
the development. I mean, Lofty's played a lot of first
rate but Roger, him and Dallan have finding it out
for round one.
Speaker 2 (01:03:46):
All right, now listen, I need to ask you about,
of course, the much Barnet's elephant in the room. More
on the moment, stand By Andrew Webster with US eleven
Past the.
Speaker 1 (01:03:54):
Mike Asking Breakfast Full show podcast on iheartradiow it by
News Talks.
Speaker 2 (01:03:59):
Be Newstocks every fourteen minutes past eight guests. Andrew Webster
a hit of tomorrow Night's opening for the Warriors. Of course,
Now Mitch Bunnett, did that for you? Come out of
nowhere or not?
Speaker 24 (01:04:13):
I felt like, but Mitch and I have opened dialogue
all the time. We have a really good relationship. Obviously
he's the captain. We've been through a fair journey together
since twenty twenty three, and he could tell that he
was obviously going through a lot and it didn't shock
me in the end because I felt like he was
(01:04:34):
just over time. Him and I were discussing it and
was what needed to happen for him and his family,
and we supported that, so it wasn't like a shock
thing in the last week that this is what's going
to happen. I hoped for big periods of time that
he could stay, but in the end I knew. I
(01:04:57):
knew that it definitely needed to happen, and I supported it.
Speaker 2 (01:05:00):
And you've got no doubt in your mind that a
guy who's leaving is still good for the season. Mentally,
not every.
Speaker 24 (01:05:05):
Person, but with Mitch Barnett, I've got no doubt. He's
our captain. He plays origin. He cares so much about
this place to the point where I think the decision
was so hard for him. If he didn't care, he
would have come to it that decision easily. And I
think people are going to have to trust myself that
(01:05:25):
I've been a part of this conversation for a while
with him, and I just know much how much he cares.
So if anything, I think it could galvanize us for
this season. And I think, if you know, Mitch is
the guy that wants to repay people, He really cares
about people showing him loyalty. So I think the way
he will repay that this year and is the way
(01:05:47):
he plays on the field.
Speaker 2 (01:05:49):
Listen, just broader questions on league. I'm reading a lot
at the moment about Landy's and the broadcasting deal that
may or may not happen soon Vegas, all that sort
of stuff. Rugby league seems to be as hot as
it gets. I mean, is that how it feels to you?
Speaker 24 (01:06:02):
It is, mate, it really is. Like honestly, it's in
the in the twilight of it, of its time that
I can remember probably hit the laid eighties of the team,
the turner and things like that. I've been moments when
the Warriors came in. That was a cool time for
rugby league. But honestly, as a as a game across
(01:06:24):
both countries Australia and New Zealand, it couldn't be going better.
And the NRL is so huge, I mean, they put
a lot of time into the product, like around the
ball and play what does the what does the fan
get in the green stne what does the fan get home?
At television level? And they're done an amazing job, honestly,
(01:06:45):
the players, the NRL, it's a great product and it's
it's absolutely flying at the moment.
Speaker 2 (01:06:50):
And also more broadly speaking, yeah, the g and Carlos
thing at the Phoenix the other day. When you look
at a thing like that, how much is on the
coach at the end.
Speaker 24 (01:07:00):
Of the day, where it's our job to be responsible
for the outcome. Now, I think a lot of fans
can say, I can say, well, you're not out there playing,
and you know it's not up to a year ago
out there. The players have got to take responsibility at
some stage, and I definitely agree with that, but it's
our job to get the best out of it, and
(01:07:22):
the buck stops of us and then the day and
that's why they hire and fire coaches because it's hard
to replace the whole team. Now, I think in every situation,
it's obviously should be measured in its own right. Is
it the right roster? Did that coach inherit that you know?
(01:07:42):
I mean, is he trying to change things? Often this
pain before success? So I think you've got to look
at it at an individual basis. And I don't know
enough about the A League, if I'm being brutally honest,
and I don't know enough about that situation that you mentioned.
I just know the scoreline. But he obviously felt like
someone else neanded to take him in addition direction and
(01:08:05):
that's fair.
Speaker 2 (01:08:06):
So stop me if I'm getting ahead of myself of
the season. Aren't you ready? Top eight, top four, final two?
Speaker 24 (01:08:13):
Well, we're shooting for all of it, or shooting for
the highest point we can. When I talk about it
on a weekly basis, our goal every years to win
the camp. Is it easy though, Like we don't think
it is. We're not taking that for granted, but you've
got to believe in yourselves. If it wasn't realistic, I'd
(01:08:33):
be very disappointed. You asked me what I thought of
the way where we are and then my optimistic about
the season. Yeah, I am. We've got a great bunch
of guys, got a lot of beliefs in them, got
a great staff. It's a great club. But we're really
going to have to improve and.
Speaker 2 (01:08:50):
I think we can good stuff. All right, mate, Go well,
we'll catch up during the season. Andrew Webster, coach of
the Warriors. And yes, indeed we believe that. It is
nineteen past eight.
Speaker 1 (01:09:03):
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Speaker 2 (01:09:09):
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Health asking Mike Webster has just got me wanting to
make the next tackle, He inspires, What an excellent text
he's got me wanting to make the next tackle? I reckon,
that's excellent, an excellent way of putting it. Geez, Webby's
a calm, level headed bloke, isn't he. I like Wibby.
In fact, I've had a very good morning in that sense.
I like David Kirk and I like Wibby. So I've
(01:10:34):
had two people that I like on the program. I
like the others. I mean, you know, of Andrew Hampton's
listening from the sis, if they're sitting around the office
having a cup of tea and some ginger nuts and
they're going, oh, quint God on the show this morning
with Mike Andrew. Yeah, I liked all of them as well.
Catherine Rich was nice. I mean, Kelli Ekold, who doesn't
love Cali E Cole? But I mean I've got to
I just can't love everybody, you know, I'm not one
(01:10:55):
of those people you can't love everybody. You got to
rank people, and my favorite people today are Webster and Kirk.
Morning Mike asked the coach if they worked on Dellon's defense.
Is that you Sam? No one bangs on about Sam's
weak point. Where he gets really boring is when he
bangs on about Delan Zelesniak and his lack of defense.
(01:11:16):
I'm hearing none of it, but he's still.
Speaker 26 (01:11:18):
An ear worry about Dellan to leave. Ask him about
Dellan's defense. He's useless, Mike. You asked David Kirk, is
that the business of rugby or just rugby? I work
at a private school here in Hamilton, and we had
the all Blacks come through.
Speaker 2 (01:11:31):
What was strong. What was a strong rugby school is
now down to two teams. Parent abuse on the sidelines.
Dad's living through their kids, complaining to staff, mum's worried
about concussions. The unions have forgotten about the grassroots rugby.
Sports like basketball, have now captured the youth. Rugby is dying.
Is a dying colonial sport. That's not true at your level.
I know what you're saying, and I get what you're saying,
(01:11:53):
and in part you are right, but rugby is not
a dying sport and the All Blacks are not a
dying bread and if you just go internationally and the
All Blacks are still revered. The dad thing's interesting. I
was watching Drive to Survive last night and they focused
what's good about this season if you haven't seen Drive
to Survive is it follows the teams. Each episode is
(01:12:14):
about that teams or a team or two teams. And
the one I watched last night was featuring Mercedes in general,
Antonelli specifically, and his dad, like so many cases, have
been instrumental in their upbringing, and they looked to in
depth at Antonelli the pressure that was on him. If
you remember the season last season, he struggled early on,
(01:12:36):
he crashed the car. He's a prodigious talent and nobody
disagrees with that. No one has gone within a million
miles of him, doesn't agree that he is a generational talent.
But the elevation to F one was a lot for him,
and he struggled at times. And there's a lovely scene
with his dad. They started in go karting together, very
similar to Hamilton and his dad, ironically, and they started
(01:12:59):
in karting together, and Kemy's back at the track and
his dad gives them watch it and gives them some
lovely advice about the pressure. And so it was. I
don't know whether he's living through his son or not,
or whether that because he was a racer as well,
but it was a nice piece of advice, Mike. I've
got a high value home for sale agents indicator would
(01:13:19):
be perfectly suitable for the foreign buyer under the impending rules.
Expect to have at least ten offers in the next
couple of weeks. One thing our agent indicated is that
these foreign buyers will not be able to buy auction
marketed properties. In most cases, they will need to make
a conditional offer that will allow them time to cover
off all legal processes. I'm let me come back to
that in a moment, because you raised an interesting point.
(01:13:41):
I one didn't know that, but two, I didn't know
that because I don't think that it's true. And I'll
work you through why in just a couple of moments.
Then we'll head to Rot and Starmer's Problem with Iran.
Speaker 1 (01:13:54):
Opinionated, informed, unapologetic The Mic Hosking Breakfast with a Veta, Retirement, Communities, Life,
your Way News talks, he had been well.
Speaker 2 (01:14:03):
It really has been quite the spectacle in the last
couple of days that he was not for help. Once again,
the Chagos Islands become a debating point. Macron has apparently
decided that Trump's incursion epic fury is illegal. Censious says
it's illegal, but Starmer's I mean, God knows where Starmer's been.
Speaker 7 (01:14:22):
British jets are shooting down drones and missiles to protect
American lives in the Middle East on our joint basis.
That is the special relationship in action, sharing intelligence every
day to keep our people safe.
Speaker 15 (01:14:36):
That is the special.
Speaker 7 (01:14:37):
Relationship in action. Hanging on to present Trump's latest words
is not the.
Speaker 1 (01:14:42):
Special relationship international correspondence with ins and eye insurance, peace
of mind for New Zealand business.
Speaker 22 (01:14:49):
Rather good morning to you, good balling to you, mate.
Speaker 2 (01:14:53):
He is no Winston Churchill. I think Trump had that
right in.
Speaker 22 (01:14:56):
Me except absolutely right. And I think nothing has defined
Starmar's premiership more than this, which is U turn, U
turn and robotic rebuttals of what he is accused of.
(01:15:17):
So at first he refused to let the USA use
basis to bomb Iran, and then he considered to allow
them to do it, and then said it was nothing
to do with offensive action. Copped a whole load of
appalling abuse from America, including comments from Trump, and is
(01:15:41):
now saying this is a special relationship. It's difficult for
Starmer because this is the one area where he was successful,
which was treading, yeah, which was treading that line between
you know, keeping Trump on side and staying sane, and
(01:16:03):
that's gone exactly. That has gone.
Speaker 2 (01:16:06):
So when he went to Washington, he took the letter
of the invite from the King, any massage the ego
brilliantly and that's and that is quite right. And so
suddenly there was this special relationship and Trump had a
great time at the palace and all that sort of stuff.
But I mean, what we've learned from Trump is you're
either on his side permanently or you're the enemy.
Speaker 22 (01:16:23):
Yes, that's right, and Trump may be a bully and
he may be a thug whatever, but nonetheless that was
part of Britain's policy, which was to stay on his side.
And we're now on his side. But down the list
we're probably between Shibouti and Laus.
Speaker 2 (01:16:42):
Did anybody, I mean, given what Sanchiez has said, Macrons
backed him up when Starmer talked about well, I didn't
want to go to war or be involved with this
if I wasn't convinced of the legality. In being convinced
of the legality, who convinced him? Or is that just
just flash talk for a U two.
Speaker 22 (01:16:59):
It's just strashal for a U turn. The truth is,
you know, Iran a's sponsor of terrorism against England, against
the UK, against the USA, against Saudi Irania, against Israel,
and has continued to do so for years now. That
may not constitute, as far as the unit is concerned,
(01:17:21):
a private fess evidence to go to war, but in
the real world it kind of does. And it's certainly
a lot more convincing than the evidence we had in
two thousand and three when Labor went to war against Iraq.
So I don't think that the great problem I have
with all this is not maybly that it's incompetent, but
(01:17:42):
that it's in moral. You know, there is no moral
basis to the stances taking no.
Speaker 2 (01:17:48):
Exactly, mind you, We've talked about that before and lack
of I don't know the name is that joany Re
Johnny read the Scottish MP who's husband.
Speaker 22 (01:17:57):
Yeah, yeah, that's the way you pronounced it, I believe,
Yeah right, So she.
Speaker 2 (01:18:01):
Is she a major as I mean this partner of
hers that's apparently been rounded up as a spy for China.
What's the outfall of this one?
Speaker 22 (01:18:09):
No one has heard of the woman. She's a Scottish
labor Redpeajny Reid, and her houseband has been arrested as
part of this spying ring investigation by the police about
people who are spying for China A big deal. You
might think I have one or two doubts about it all.
(01:18:31):
But nonetheless, I'll tell you, Mike, when you hear a
statement like this from Joe Johny Reid talking about her
spouse dayy Tail that has been arrested, Neither I nor
my children are part of this investigation, and we should
not be treated by media organizations as though we are.
Above all, I expect media organizations to respect my children's privacy.
(01:18:57):
It makes me hate her, what I mean. I was
had some sympathy because I have my doubts about this
confected sort of fury about China, But as soon as
I read that, I thought, nah, bang to rights.
Speaker 2 (01:19:20):
By the way, since we last talked just briefly. Rachel
gave her update on the coming spring document and announced
that there were no more Texas and she had some
growth forecasts. The growth forecast I looked out to twenty
seven to twenty eight. None of them seemed very good.
Did she sell it to a point that people would
go I think things were a little bit bit clearly
she's onto something or things as bad as I suspect
(01:19:41):
they are economically.
Speaker 22 (01:19:43):
I think underneath since were as bad as you suspect
they are. But I think that on the surface there
is but a scout change. And I think you see
that in the bi election results. You see in the
figures which talk about immigration lowered massively over the last year.
(01:20:07):
There is a change of tone in this country away
from the people who loathe labor and reform and actually
tilting further left. I don't think Rachel Reeves has endeared
herself to the country, but she may not have harmed
labours standing much more with this spring budget.
Speaker 2 (01:20:29):
What's it? This rabies things? How is this possible? What's
going on here?
Speaker 22 (01:20:33):
It's rabies? Mike?
Speaker 15 (01:20:35):
What the hell?
Speaker 1 (01:20:36):
What the hell?
Speaker 22 (01:20:39):
Just thought it used to this stuff? No, it's a
poor British or believe on Ford who was scratched by
a dob in Morocco and no one knew what was
wrong with her. She got worse and worse and worse
and eventually died. It's just a reminder it's the first
death from rabies in this country god knows how many years,
(01:21:00):
and a reminder that other countries still have rabis around.
I tell it, Do you guys have it?
Speaker 13 (01:21:06):
No?
Speaker 2 (01:21:07):
Well, not not that I checked with lately.
Speaker 16 (01:21:09):
No.
Speaker 22 (01:21:11):
Well you haven't got any mammals.
Speaker 15 (01:21:13):
Well that's the other nine.
Speaker 2 (01:21:15):
Yeah, we're we're moderately isolated. But there's a there's a
bee that comes here periodically and we get a bit
of exercise. I can't remember what the bee is or
the bug or some something, but apart from that, I
think we're okay.
Speaker 13 (01:21:26):
Rod.
Speaker 22 (01:21:26):
Anyway, listen, you're across the stories the.
Speaker 2 (01:21:30):
Hundred percent on. Your mate knows to talk to you. Rod,
Little out of Britain, sprnning brew Dog, by the way,
which have you ever been to Britain? You know about
brew Dog. They ran into tremendous amounts of trouble. They
looked like they were going under. They've been saved to
a degree, but not everyone's been saved. They bought the company,
bought the tilray, bought the brewing operations, bought the brand,
bought eleven pubs thirty three million pounds, but they preserved
(01:21:54):
seven hundred and thirty three jobs. But four hundred and
eighty four jobs and thirty eight bars have not been saved.
Speaker 1 (01:22:01):
Forty five The High Asking Breakfast Full Show podcast on
iHeartRadio powered by News Talks that be.
Speaker 2 (01:22:10):
Mike, surely we should be. This goes back to let
me do this one first. Actually, the high value home
and the suggestion that you couldn't buy it action. I
get that you couldn't buy it action based on the
fact that auction means you've got to have the cash,
you're ready to go. It's sold, and of course if
you've got to do some paperwork the overseas investment offers.
I get that part. My understanding is those laws change that.
So in other words, if you're a foreigner and you're
(01:22:31):
looking at a house and you can pay six point
seven million dollars for the house, then that's it. You
can go buy any house you want. Also, it's not
a major in the sense that if you're selling a
house of that value. Taking it to auctions risky because
how many people in the market at any given time
are into you ten plus million dollar houses aren't not many. Therefore,
(01:22:51):
an auction is probably not the best way to go
about it. Therefore, if you are looking to sell to
a foreigner and a foreigner is in the market, you'll
do a deal, you know, with a bit of paperwork,
and you don't need to go to auction. So I
don't see that as a particular impedant. I just hope
it works when people come to the country and I
feel welcome. Mike, surely we should be incentivizing these wealthy
Golden Visa people to build houses where we are. Jeremy,
(01:23:12):
You've only got to go to tari Tt in the
north of Auckland, the golf course there, the Rick Caine establishment.
I mean, there are people in there. I mean you've
got to see this houses. I mean the amount of
money that's spent in that particular part of the world
by a lot of Americans. You know, monstrous houses, tens
of millions of dollars worth house Queens Sounds the other one.
You know, spend some time looking around Queens Sound. The
amount of real estate that's going on there in a
(01:23:33):
fairly expansive sort of way, is extraordinary, and most of
it's beautiful too. Trade me go back to trade me.
I raise it very briefly. I'm I'm sort of I'm
no expert on this. I don't deal in trade me
in any way, shape or form. But they're removing announced
this morning they've removed their success fees or removing their
success fees. Our members have told us second hand selling
(01:23:56):
on trade mee marketplace has become too costly and it's
time to bid goodbye to success fees. Now if you
believe that, which of course you don't, because that's a
pr press release, it's a pile of pop. That same
thing applies to everything I'm expecting press releases from in
New Zealand, all the power companies and all the insurance
companies tomorrow. Our members have told us that dot dot
(01:24:19):
dot fillin our power charges are too high. So as
a result, we're getting rid of them. I mean, come
on later in the press release. In order to maintain
the trust trade me is known for, we will also
be introducing a service fee. So if you pay a
service fee, you feel more trust. Is that how that works?
(01:24:40):
Or does trade me trust you more or you trust
trade me more simply by giving them more money. So
with one hand they give and with one hand they
take it away. Nine minutes away from nine the Mike.
Speaker 1 (01:24:54):
Hosking Breakfast with Ranger of a Sport, sv use, TOMSENV.
Speaker 2 (01:24:58):
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(01:25:49):
Guess what Quantus announced yesterday? They've quietly rolled out a
new in flight safety video that ditches its previous emphasis
on global destinations and diversity. I wonder if this is
a trend. It is much shorter, it is more direct presentation.
It's going to be rolled out initially on the seven
three sevens four minutes long. Previous video from twenty twenty
(01:26:12):
four began with an indigenous crew member speaking about her
magic place in the Northern Territory. What airline does this
remind you of? And then they toured through Quantus staff
members in customers' favorite places around the world. That particular
video lasted for nine and a half minutes. One can
(01:26:33):
only hope that there are some people in the aviation
industry listening to that five minutes away from nine.
Speaker 1 (01:26:40):
Trending now with chemist Wells keeping Kiwi's healthy all year.
Speaker 2 (01:26:44):
Round, so exciting. Apple's back for some more. They had
a good week. We've got four new colors. This is
the MacBook Neo. Mac Book Neo launched a couple of
hours ago. Now it comes in the cool colors. I'll
come back to the colors. That's the price. That's the
headline grabber. Eleven forty nine, even less if you're a
student or a teacher. If you're one of those, it's
(01:27:06):
just nine to seventy nine.
Speaker 9 (01:27:10):
To make it.
Speaker 12 (01:27:11):
We reimagined how to build a laptop from the ground up,
and we use the most recycled material veny Apple product.
We even color coordinated. It's keyboard and feet because you
know details. MacBook Neo was powered by a eighteen from
so it weeks fast and launches apps quickly.
Speaker 2 (01:27:30):
So it's secondhand essentially. It's what is, isn't it Just
they've built a secondhand piece of junk. The chip is
the same one used in the iPhone from twenty twenty four.
They do that in the car industry. They use old tech.
And you wonder why nothing happens that fast. That's because
it's old stuff. So so far as week, we've got
the iPhone seventeen. Now you've got the new iPad Air,
got the new MacBook Air, got the new MacBook pros,
(01:27:53):
got the monitors. So Neo under a grand and'side the colors.
Let me come back to the colors. You can get
a pink yellow blue. So, but the new ones are silver.
If it's a GT silver like a Porsche GT silver.
If you've seen the GT silver on a Porsche, that's
worth getting because that's beautiful. That's an uplifting color. Comes
and blush in citrus. What is citrus? Is that yellow
(01:28:16):
or orange? No, it's yellow. See I see I think
of orange, a rich orange citrus.
Speaker 15 (01:28:22):
Lemon's are citrus fruit too?
Speaker 2 (01:28:23):
Yeah, but so's orange. Grapefruit is citrus fruit, and so's mandarin.
I got red grapefruit. Don't outfruit me, mate, Indigo.
Speaker 15 (01:28:32):
Nobody could outfruit you.
Speaker 2 (01:28:33):
That's that's what they say. Apparently indigo. There's another color
that that all that's sick. That's blue. Yeah, that's sick.
It's like got some old plastic, got an old chip,
made a computer.
Speaker 26 (01:28:48):
Max a Mac and an under one thousand dollars Mac
is a very appealing Mac.
Speaker 2 (01:28:52):
Happy Days.
Speaker 1 (01:28:54):
For more from the Mic Asking Breakfast, listen live to
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