Full Show Podcast: 06 August 2025

Episode Transcript
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Speaker 1 (00:00):
New Zealand's home for trusted news and views. The Mic
Hosking Breakfast with Rainthrover leading by example, news togs, Dead be.

Speaker 2 (00:08):
Building and Welcome Today, jobs stats are We're about to
turn the employment corner. We've got the foreshore and sea
bed that's go. After being bogged down and caught, we
look at the wine and the scream why so many
grapes had left on the vine these days? Mark and
Jinny pony up after Ray, Charles Feldman does Americus, Steve does,
Ohs pasking Welcome to the day, seven past six. So
the big deal about today in jobs is not the

(00:29):
fire points something. It's the vibe. I mean, fire point one,
five point two, five point three means nothing to most
of us. The is it up is what counts, along
with the is it up more than we thought or
not as much as we thought. You see, when the
job numbers came out Saturday in America, it had the
not as good as we thought vibe, and that led
to a woman getting sacked because the president desperately needed
something to deflect from the fact he's tanking the economy. Here,

(00:50):
nothing is dramatic will happen. Of course, most of the
market watches seem to agree it'll be up a bit,
possibly to five point three from five point one. Of
equal import is the participation rate, what center job us
are employed? Are the utilization rates? Also important, that's the
number of people who have worked but wouldn't mind a
bit more of it. For the government, this is the
really important bit, but it won't be answered today. Is
the is that it is today the worst of it

(01:14):
excepting that jobs are the last part of the economy
to come right and a turn around or a reboot,
a resurgence, or whatever it is we're supposed to be experiencing.
Then the big fingers crossed part for the government is
will we look back on the June quarter of twenty
five and say five point three was the bleakest it got, which,
by the way, glass half full at one point a
while back most people at a peak of five point

(01:35):
five and summers high as six. So if today is
five point three at a peak, wasn't the end of
the world, was it? But tell that to a person
who lost their job? Of course? Also, remember today is Darta.
From April, May and June, we're in Q three now July, August, September.
Are we seeing see right here right now, are we
seeing anything on the improved job wise? I mean our
adds up or applications per job done. Then we come

(01:56):
to wages. Wages will be produced today, wages a tip
to be a bit over time two percent inflations well
over two percent, So that's called going backwards, and I'm
not sure that's peaked either. Yes, we have signs of
economic light, but boy do you need a strong torch
to see it. So let's hope today helps.

Speaker 1 (02:14):
News of the world in ninety seconds.

Speaker 2 (02:17):
Middle East, where we may or may not find out
definitively whether nt Nyahu's going all in on Gaza. There
is though a growing list of Israelis with issues.

Speaker 1 (02:24):
I'm afraid we shall have to move to take over
the entre.

Speaker 3 (02:27):
But if the military has an idea that enables us
to reach the same goal without taking above all of Gaza, and.

Speaker 1 (02:35):
I'm I'm sure that the government is going to look
at it.

Speaker 2 (02:38):
This ran the place not long ago.

Speaker 4 (02:39):
The time has come for these rails to show their
opposition in a not unclear terms, which needs to go
to the streets with seeming disobedience.

Speaker 2 (02:52):
That's a hood. By the way, we have a report
from the US Coast Guard. Have they've been looking into
that explosion of the Titan?

Speaker 5 (02:57):
Do you report picked our Ocean Gates in adequate design, certification,
maintenance and inspects and process for the Titan. There are
allegations of a toxic workplace culture at Ocean Gates. There
was an inadequate domestic and international regulatory framework and an
ineffective whistleber process.

Speaker 2 (03:13):
Perhaps from that was going smoothly. Did in Britain couple
of things. Firstly the one in one out that they've
got with France on the legal migrant starts today.

Speaker 6 (03:21):
We obviously want to be able to expand it as
much as possible, but we are trialing this and we've
been very clear about this being a pilot program.

Speaker 2 (03:29):
Tories have already worked out what they think.

Speaker 7 (03:30):
This is not going to make any difference whatsoever.

Speaker 8 (03:34):
Fifty at best migrants being swapped with France is not
going to stop the booths.

Speaker 2 (03:40):
Could she be right? We also have a growing list
around funding or an issue around funding for these GLP
one drugs. It's the old supply demand issue.

Speaker 6 (03:48):
NHS England says that obesity costs the NHS eleven point
four billion pounds per annum as a pure NHS cost. Okay,
and we can't even afford to properly fund the role
out of life engine drug in year one just doesn't
make any sense.

Speaker 2 (04:03):
Finally, Zoo talk Mark they're asking pet owners to donate
unwanted guinea pigs, rabbits, chickens and small horses. A bit
of a leap from a guinea pig to a small
horse really is in the meginner anyway. They want to
feed them to the zoo's predators, you know, your alligators,
all that sort of stuff. They want to enteritate, the
imitate the natural food chain of the animals. Que the
social media outrage of Keith woe enough from people with

(04:26):
urban parts of the world who you don't understand how
it would. Here's the world of ninety speaking of not
understanding how it all works. They've announced this morning NASA
they're going to fast track not only they've already got
the plans, but they're not going to fast track the
plans to build a nuclear reactor on the Moon. And
so you think is that possible, Well, by twenty thirty,
which is only five years ago, five years away, ambitions

(04:47):
are to build a permanent base for US to live there.
This has all been driven by China and Russia, two
countries could potentially declare a keepout zone on the Moon.
So the America's going to have been exercised about that.
Coming up twelve six.

Speaker 1 (05:02):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks by.

Speaker 2 (05:10):
Tariff Talk. Two hundred and fifty percent. How about those numbers?
A two hundred and fifty percent, he thinks Trump says
from farmer fires are probably didn't help. Fires came out
overnight and bump their profit guidance top wall streets expectations.
They reckon. They're going to bring in revenue for this
year of somewhere between sixty one and sixty four billion dollars.
So there's a debate still do fully unfold. Fourteen past

(05:33):
six week m j am I Well, Panty tallaher, Welcome
to Wednesday.

Speaker 9 (05:38):
Very good morning, MIKEE.

Speaker 2 (05:39):
And every second Wednesday is Global Dairy Auction Day and
we always love those. At the moment of the day,
I mean, it's it's not booming, but it hasn't disappointed no, No.

Speaker 8 (05:47):
I think we probably had the collective cy of relief
across the country. Back on the fifteenth of July, when
that was the last auction when the price index rose
one point one percent of that followed those four consecutive
auctions of falling prices. So overnight, yeah, steady as she goes.
I think outcome really with the price index lifting zero
point seven percent and the global media sensation that is butter.

(06:11):
I note that the price has fallen three point eight
percent in the auction. Not sure what or whether that
has any material impact on the cost of a five
hundred grams of butter any local supermarket.

Speaker 10 (06:21):
I suspect it doesn't.

Speaker 8 (06:22):
But croissant makers around the world will be breathing aside
of relief, won't they. So two big product skim milk powder,
whole milk powder. They are both up zero point four
percent of skill whole mik powder plus two point one percent.

Speaker 10 (06:35):
Look, look, I think we can relax a little bit.

Speaker 8 (06:37):
I think there isn't a precipitous market decline in dairy prices.
So we had those four auctions, but it's stabilized now generally.

Speaker 10 (06:45):
I would just comment, Mike, the AZ Commodity Price.

Speaker 8 (06:49):
Index was released yesterday. That index did fall in July,
and dairy products, dairy product prices.

Speaker 10 (06:54):
Did weigh on that index.

Speaker 8 (06:55):
But if you look at the whole year, just take
a wee step back, the commodity price index is up
ten point seven percent over the twelve months, so it
has been a very healthy year for the commodity prices
that are important to us.

Speaker 2 (07:08):
Thank the Good Lord. Do we see light in China? Andrew, yeah,
this is interesting.

Speaker 8 (07:13):
So look in the postal of Global Dairy Trade Auction
and Analysis, we always do look at the role of
Asia and the bidding.

Speaker 10 (07:20):
Is China buying our dairy products, so look, it's a
key export partner.

Speaker 8 (07:24):
And Mike I said, we always do try and keep
a watchful lie on how the Chinese economy is developing.
Last week we spoke about the official the government calculated PMI,
the Pitching Managers Index in.

Speaker 10 (07:35):
China, and it was weak.

Speaker 8 (07:36):
There are ongoing concerns about the health of the manufacturing
sector in China, the clearly elevated level of tension or
trade tension in China, and the US still in a
trade deal, and look that global trade reorganization reset inevitably
will impact on manufacturing China. But yesterday we had the
release of what's called the Kaijun PMI This is the
S and P Global China General Services PMI, So the

(08:00):
services sector it's a private's, non government figure and it
was more buoyant.

Speaker 9 (08:04):
Mike.

Speaker 8 (08:04):
We see the service sector is expanding at a stronger.

Speaker 10 (08:07):
Pace at the start of the third quarter.

Speaker 8 (08:09):
Headline business activity rows to fifty two point six in July.
That's up from fifty point six in June. So expansion
of the services sector in China. The thing is, Mike,
is the services sector has been consistently positive for about
two and a half years. It's been over fifty. So
it's not the problem, as I said, it's the manufacturing
issues of the problem, and a continuation of the hangover

(08:32):
of that sort of property market, the terrible property market
issues that they had. And I suppose quickly, Mike, while
we're talking about key export partners the other ones.

Speaker 10 (08:41):
Australia.

Speaker 8 (08:42):
Household spending numbers released in Australia they looked pre robust,
a little below expectation, four point eight percent lift.

Speaker 2 (08:48):
It's ridiculous. Explain it to me just really quickly, because
they're confidence numbers are the highest that came out. You
higher than three years. You can't afford a house. There
were one point seven million in Sydney. Their interest rates
aren't necessarily any better than ours are. I mean, what
are they just fundamentally better than we are?

Speaker 10 (09:04):
Well, look what was what's the nickname? The Lucky Country?

Speaker 8 (09:07):
I mean, ultimately they can always lean back on and
lean into, which is you know, one of these one
of the cliches that we use these days. But they
just did stuff out of the ground and send it
out the country, and they suppose.

Speaker 10 (09:18):
They've always got that to fall back on.

Speaker 8 (09:21):
It's a larger country than us, so over sort of
twenty million people, and they just do seem to be
able to.

Speaker 2 (09:25):
They just generate seem more overtly optimistic though, because they
were saying yesterday, look there's been a couple of cuts
in the interest rates. I mean, well they've gone mental
where we've had five or six cuts in the interest
rates and you know what I mean, it's not the same. Well,
I just wonder if they've got a different mindset.

Speaker 8 (09:39):
I think the definitely is it is always seen as
being a slightly more land of opportunity than the New
Zealand is, and it's always attractive on that basis.

Speaker 2 (09:48):
They do they Braks have a better job market than
ours and ours. What are you calling five point three today?

Speaker 11 (09:54):
Yes?

Speaker 8 (09:54):
So, look, the vibe is that the labor market is
weakened back, and unemployment rate, unemployment rate always the same
retention census called is five point three percent. Just remember
that labor market is a lagging indicator's end of cycle stuff.
But I think you and your little editor remote I
agree with you. I think this is going to start
to shinel out on the political situation.

Speaker 10 (10:13):
The pressure is coming on.

Speaker 8 (10:14):
We're only a year away from election becoming front and center,
and employment and wages, that's how people feel the economy.
I want to say, how do you react to the economy, Well,
it's whether you've got a job, whether you're getting paid more,
and probably whether your house price.

Speaker 9 (10:28):
Is going up.

Speaker 2 (10:28):
Factly, and please never call it a little editorial lever again, Now,
what are the numbers? One of the numbers, Oh god,
I'll never look that.

Speaker 10 (10:38):
Down forty four one hundred and nineteen.

Speaker 8 (10:41):
That's the Dow Jones minus fifty seven points point one
three the Nasdaq six thy three hundred and eighteen. It's
down eleven points point one seven percent, and the Nasdaq
down eighty points point three eight twenty thousand nine hundred
and seventy two are the Forts one hundred overnight up
point one six percent, the nick a point sixty four percent,

(11:02):
and the Shanghai Compett up just under one percent. The
Australasian markets make had a good day yesterday. The A
six two hundred close at eight seven seven o that
was at one point twenty three percent, and then the
Little Ends at X fifty was.

Speaker 10 (11:13):
At one and a half percent.

Speaker 8 (11:14):
Twelve thousand, eight hundred and seventy seven chem Wei dollar
point five to eight nine nine, just under the fifty
nine cents point nine to one one oh against the
ossie point five to nine three euro point four four
three three pounds.

Speaker 10 (11:25):
Eighty seven per er seven Japanese en gold three thousand, three.

Speaker 8 (11:28):
Hundred and seventy nine dollars and a little edge down
again good and breakthrough sixty seven dollars and eighty four cents.

Speaker 2 (11:33):
Go well see tomorrow. Andrew kelliher jmowalth dot co, dot
n Z car numbers for Tesla and BYD out of Europe.
Oh my god, so in Britain and Germany, Tesla's fallen
off yet another cliff. BYD can do no wrong. Sales
are down in the UK for Tesla sixty percent in
Germany fifty five percent byd in Europe generally, just the

(11:58):
quadrupling of sales in Germany specifically up three hundred and
ninety percent six twenty one. Who Reviews Talks EDB.

Speaker 12 (12:08):
Yes, God, it's the rest.

Speaker 1 (12:13):
The Vice Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks AB.

Speaker 9 (12:19):
Yeah.

Speaker 2 (12:20):
The big difference, Mike is that just in Australia, we've
got two girls there at UNI and people are simply
more positive, more enthusiastic, more energetic. It's exhausting to watch
at times. That's part of it, I think, Mike. The
other thing we forget about Australia is their super minimum
twelve percent employee. Yep, they're probably feeling wealthier. But and
Andrew's right, of course, I mean the iron ore and
all the stuff that comes out of WA. But then again,

(12:41):
we've got deary. But this is the number I saw yesterday,
the consumer price of this the A and Z Roy
Morgan consumer confidence. It's up three point nine. It's through
the roof. Across every measure current and future financial conditions.
Consumers are more upbeat confidence future household finances rose sharply
and they've cut the cash right and everyone's gone. The

(13:01):
Australian housing market has gone nuts on two cuts medium
price in Sydney one point seven. It's basically twice as
expensive to buy a house in Sydney as it is
in Auckland, and yet they can't get enough of it.
Explain that to me.

Speaker 1 (13:15):
Six twenty five Trending now with Chemist Well house Keeping
Kiwi's healthy all year round?

Speaker 2 (13:22):
Are you from Netflix? This morning? We've got J Kelly
stars George Clooney as a famous actor and Adam Sandler
as his manager. They go on a profound journey to
talk about the legacies they'll leave behind.

Speaker 13 (13:37):
J Kelly, j K, Jay Kelly at him.

Speaker 1 (13:53):
J Kelly. J Kelly is a hero, JK.

Speaker 13 (13:58):
What do you say to people who saying you a
new key yourself?

Speaker 1 (14:01):
I think what you do is magic. You know how
difficult it is to be yourself?

Speaker 7 (14:05):
Do you try it?

Speaker 9 (14:06):
You make movies? That's what the world winds from me.

Speaker 13 (14:09):
How can I play people? And I don't see people
touch people?

Speaker 1 (14:14):
Don't touch people.

Speaker 2 (14:18):
Yeah, it's got a good viome.

Speaker 9 (14:19):
I like that.

Speaker 2 (14:20):
Select cinemas whatever that means these days. In November twenty.
It'll be on Netflix in time for your Christmas watch
December five. By the way, a couple of things are
raised on the program yesterday they want to cover off
this morning. One is grapes. I'm concerned about the number
of gropes being left on the buy and I'm wondering
if we've got too many contractors and too many people
just putting in a big plastic bladders and driving them

(14:40):
on a truck somewhere and putting a screw cap on
and ending up at Sainsbury's three ninety nine. I wonder
whether that's the future of the New Zealand wine industry.
So we'll look into that. Other thing I'm interested in
is this deal with the four major gen Taylors who
have gone and bought the world's cold put it in
a big pilot huntly and that's the answer for generation
at least for now until we get our renewable act together.

(15:01):
So a couple of questions around that. We'll get into
that directly after the news. You're on the Mike Hosking
Breakfast that used to a set.

Speaker 1 (15:07):
Me setting the agenda and talking the big issues. The
Mic Hosking Breakfast with Bailey's real estate altogether better across residential, commercial,
and rural. News talks head been.

Speaker 2 (15:21):
Charles Peldman's doing the business and the States for shortly
twenty three minutes away from seven back to the business
of the power, the hope of the state this country
finds itself in every winter. The Big Four gen Taylor's asm,
hopefully you're sure you are aware, have cut a deal
to stockpile of coal as company for the next decade. Anyway,
Mercury says, we need more than that. Stuart Hamilton is
the chief executive Mercury and has with us very good
morning to you, good one of Mike. Can the Big

(15:43):
Four do what you're doing with coal and not draw
the attention of some sort of regulator like the ComCom.

Speaker 7 (15:50):
I think there's a lot that's been done across the industry,
so I think for us, we know what we have
to do. We have to keep building renewables at pace,
whilst we're also working out what we do when we
need to extra firming through dry years like we've just experienced.

Speaker 2 (16:03):
And so having ten years worth of COLDO and having
this plan, what does that tell us about the renewable
journey and who's on track and whether we're spending it
up and doing the enough.

Speaker 7 (16:11):
It's definitely that the renewable journey can be a bit
bumping in as we've seen over the last couple of
years with the sudden and quite dramatic drop and gas
supplies in New Zealand, we've realized that actually we need
to keep building at pace, but we also need to
make sure that we've got this firm energy there so
when the wind stop blowing or the sun's not shining,
we've got the ability to be able to provide that
powerfu when you' yeland.

Speaker 2 (16:32):
Okay, so do you see the transition working? I mean,
how would you describe the state of the market right now,
right here, right now for these last couple of winters
and our lack of supply, our lack of renewables, all
of that, Where are we at.

Speaker 7 (16:44):
I'd say there's definitely been a huge impact, right It's
been fouled across the market, whether you're actually producing aultristye
or you're consuming it. And so there's no doubt there's
been an impact, and there's no doubt that we need
to be doing more than.

Speaker 9 (16:55):
What we have been.

Speaker 7 (16:56):
And so I think there's there's positive signs ahead of us.
I think we've been able to foresee the position we've
gotten into, particularly with the sudden drop off and gas.
A little while ago we had this situation with TII,
which is sort of a bit of an overhang. But
now if you look at the rate that things are growing,
getting pretty good, and actually over the last of three

(17:16):
years we've built about the cob a ten percent of
New Zealand's grid again, so there's a fair bit going on.
It's just ultimately, do we have the ability to be
able to build at the pace and firm it at
the pace that's going to write the basically provide the
confidence for not only just households but also the small,
medium and large industrials in New Zealand.

Speaker 2 (17:35):
Answer your own question, can we we can?

Speaker 7 (17:39):
Yeah? I think at the moment, for example, Mercury we're
investing in one billion dollars into geothermal in the wind.

Speaker 14 (17:45):
That's great.

Speaker 7 (17:46):
Other gent tailors and actually a number of independents are
now involved building as well, which is fantastic. Beastually becomes
if we have dry periods like we have over the
last couple of years, how do we make sure we've
got power in those times. That's why the hunting deal
is right. But we need more, you know, we GEFRM
and we believe's got a massive role to play and
so for example ourselves, we're putting a fair bit of

(18:08):
effort into that.

Speaker 2 (18:08):
Also, we had Jones on the program and the other
day about the geothermal thing. Is it easy, can it
be done? And whins it on stream? And what weight
do you place on geothermal in the mix?

Speaker 7 (18:20):
Geo thermal has a huge role to play. About twenty
percent of the New Zealand's power comes of GEFFRM and
that's world leading. It's easy. It's not that easy. There's
a fair amount of drilling that needs to take place.
It's quite a lot of technical know how that needs
to be used. But New Zealand's world leading in that space.
We've got projects ahead of us to do that. But
it's going to be part of the mix, but not

(18:40):
the whole thing.

Speaker 2 (18:41):
If you go back to the Onslow scrap, which was
it killed the desire to invest. Are the settings as
you said here talking to us this morning, right.

Speaker 7 (18:51):
I believe so there's definitely right market signals now, So
there's the signals being sent to say we need to
keep building and we are doing that. There's signals that
being sent to say do it at pace, and we're
going at pace. That The issue is how long does
it take to actually bring some of those on streams.
So from the time we sort of press the button
to build a wind farm, you know, you press the

(19:11):
button and then it's sort of the machine starts to churn,
and over the space of a two or three years
a wind farm will be built. But that obviously, through
that time creates an issue where you might not have
the power when you need it, and that's where you
need it. A suite or a portfolio of different mechanisms,
which include the Huntley firming.

Speaker 2 (19:29):
In what year do I get you on this program
and we no longer need to talk about winter and
winter being a problem and having a production drag for
this country.

Speaker 7 (19:39):
I can't want an exact date, but I'd say over
the next few years we'll get there. There's certainly a
fair amount of energy being built.

Speaker 15 (19:46):
Now.

Speaker 7 (19:46):
The only thing will happen is if something again suddenly
comes out of left field. But by the time you
combine the wind that's been built, the sol that's been built,
the gef therm or that's been built. Back it up
with the Huntley firming options. I think we're putting ourselves
in a really good position and you can see that
at the moment with there's a green shoots. I'd say
in terms of industrial demand, we're seeing Fonterra electrifying. We've

(20:09):
got great projects with the likes of Busy who are
committed to twenty years. We've had TII, which is a
globally significant industry committee for twenty years and I think
when you combine that with a number of interests from
data centers, is a fairbit coming at us, which is
pretty exciting.

Speaker 2 (20:24):
Fantastic good insights, Stuart, appreciate your expertise. Stuart Hamilton, chief
executive of Mercury New Zealand, will go to the States.
They're looking for Democrats who have fled in Texas. At
the moment, it's moderately amusing. I think eighteen to.

Speaker 1 (20:36):
Two the Mic Hosking Breakfast Full Show podcast on iHeartRadio
cowed by News.

Speaker 2 (20:42):
Talks b Well, very good news from Milford. They've done
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(21:45):
slash Getting Dash Advice, pasking in Devon might controls twenty
percent of the country's volume. This is grapes. We're in
two now, so I think we've sorted out the power
at least got an explanation. Will do grapes later in
Devon controls twenty percent of the country's volume and unbalanced
and healthy position for any wine growing region. Now ends
Villa Maria. Yes it does. I disagree with you, and

(22:05):
I'll explain why later.

Speaker 16 (22:07):
It is fourteen two International correspondence with ends and eye insurance,
Peace of mind for New Zealand business.

Speaker 2 (22:14):
Go to the sites and Cholens Pelton's doing the business
for us. This morning, Child's morning to you.

Speaker 7 (22:18):
Good morning mite.

Speaker 2 (22:19):
Now where are we at in Texas? Have they rounded
up any of those loose Democrats it or not?

Speaker 6 (22:25):
Not yet?

Speaker 15 (22:26):
You know, this is something that, as you know, the
Democrats are doing to try to head off a plan
by the Republicans in the state of Texas to rework
the way the districts are so that the vote come
the next election would go more in the favor of
the Republican Party. So the Democrats decided to up and
leave the state to various places like Illinois in California,

(22:49):
and they're saying they're not going to come back until
the Republicans dropped the plan, and meantime the Republican governors
trying to get them arrested.

Speaker 7 (22:57):
But it's not particularly clear on what the charge this
would be.

Speaker 2 (23:00):
There is a diet or timeline on this, and after
a while the court steps in. Isn't that right?

Speaker 13 (23:06):
Yes?

Speaker 15 (23:07):
Yes, But the problem is that this is a civil issue.
It's not a criminal issue in the state of Texas.

Speaker 7 (23:13):
So at most the.

Speaker 15 (23:17):
Democrats that have fled could be fined a certain amount
of money, but I don't think considering the stakes involved,
that that is going to weigh particularly heavily on their minds.

Speaker 2 (23:27):
Okay, talk to me then about Epstein's So we got
the House Committee, that's opoenion, the Clinton's, the dogs involved.
What will we see in what we see?

Speaker 15 (23:39):
Well, what you're probably not going to see, Mike, is
any great revelations. You know, it doesn't seem as if
there's anything about Jeffrey Epstein that is going to come
out that has not already leaked over the past few years.
But that has not stopped both the Republicans and the Democrats.
This is something they both seem to agree on in

(24:00):
trying to pursue more files from the Department of Justice
and elsewhere to see who was involved with Epstein, who
visited his island, who flew with him on his private jet.
But again, most of that stuff has already been out
there in the public domain, so it's not likely we're
going to see any major developments. But it is dragging

(24:21):
on and on and on, and it's the story that
just keeps on giving.

Speaker 2 (24:24):
Yes, it is west wing. Trump was on the roof,
I'm assuming surveying his kingdom.

Speaker 7 (24:30):
Was he.

Speaker 15 (24:33):
That's actually a good way of putting it. I can't
remember anytime in well actually any time in history when
a president of the United States was seen wandering around
on the roof of the White House.

Speaker 7 (24:45):
Apparently he was doing that because you know, he.

Speaker 15 (24:48):
Fancies himself still a mastered builder, and he has ordered
a reworking of everything from the rose garden outside the
White House to a ballroom inside the White House. So
apparently he was surveying the project. But it is unusual
to see the least to see a president on top

(25:08):
of the roof.

Speaker 2 (25:09):
Yeah, I don't think I've ever seen one on top
of the roof. Charles good to catch up Charles Feldman
out of the States this morning. By the way, it's
not going to apply to US, I don't think, but
they're now looking if you want to go to America
for a number of travelers to post fifteen thousand dollars bonds.
It's a pilot program basically, if you're from a country
with historically high visa over stay or rates, and it's
applying to whoever leisure and business travelers as well B

(25:31):
one or B two visas, which isn't US. The US
Department of State is going to I don't know if
they've officially announced it, but it's coming countries with the
most overstayers Mexico, Brazil, Columbia, Haiti, and Venezuela. So anywhere
between five ten and fifteen thousand dollars by way of
a bond you're going to have to stump up. So
it'll be interesting to see how that plays out. Speaking

(25:51):
of that part of the world, the southern part of
the America's Bolsonaro of course, had some very venues from
the Supreme Courts, so he's now under house arrest. Trump
follows us closely because he thinks Bolscenario is quite a
cool guy, so he's already said. I think the last
number I saw was fifty percent as in tariff. So
I'm sure that what the Supreme Court did yesterday isn't
going to help that particular cause. Turn away from seven.

Speaker 1 (26:13):
The make Hosking Breakfast with Rainfrow Bern News Togs Dead
be Mike.

Speaker 2 (26:17):
Electricity generators been dragging their feet for years on your renewables.
Put simply, you can charge a bigger margin, higher price,
just like the banks with mortgage rates. You see have
you fallen for the Nikola Willis line? You know, mortgage
rates and banks. Where's the competition or the competition is there?
We're funding Kiwi Bank. Is that going to fundamentally and
profoundly change the market. I don't think so. If there's

(26:38):
something obviously, as I've said a million times, wise nicolare
doing something about the banks. As regards the generators, I
wouldn't underestimate the dulling effect of onslow. That was singularly
the stupidest idea in the power industry that jad cinder
Raduan had in many a decade. And she said sixteen billion,
it would have been thirty plus it would have got built.

(27:00):
And while that was going on, you're sitting there as
a gent tailor, going, well, if you're building that big
bucket down south, why on earth would I invest in
anything renewable, because that, in and of itself is the answer.
In Devon is interesting. They've been in the news. Well
I haven't been in the news. That's part of the problem, unfortunately.
But in Devon lately has invested and taken a material
staken in Vivo and Vivo you will know from Graham Norton,
Sarah Jessica Parker. Of course, I'm not sure that they'm

(27:23):
owning a big chunk of the contract. Grapes in this
country is necessarily the problem, I think, and we'll find
out later because we're doing something about it. I think
it's global demand for wine is down and you can't
do much about that. I do want to get an
answer on the serving on blanc thing, whether we're simply
growing too much serving you on blanc in a place
like Marlborough and the world just cannot consume ever greater
amounts of serving yon blanc. I just wonder if that's

(27:45):
we finally sort of kind of hit the wall quickly
on colon gassing. We've been onto it, we've moved to
twelfth spot investments attractiveness indexes of the Fraser Institute's annual survey.
This is global of mining companies. We're seventy two back
in twenty twenty one Finland's top The respondents express decreased
concerns regarding uncertainty about which areas would be protected, enforcement

(28:08):
of regulations and environmental regulations. Sintana Minerals, for example, they've
got the Bend to go Op project at the moment
in Central Otago. I feel reassured that we've moved the
pendulum back to a more sensible and rational space. So
we've gone from seventy two to twelfth, and that's not
before time, five minutes away from seven.

Speaker 1 (28:29):
For the ins and the outs, it's the fizz with
business fiber take your business productivity to the next level.

Speaker 2 (28:36):
Youm brands. They're international global. This is young brands. They're
sort of tied in with restaurant brands, et cetera. But
I won't bore you with that anyway. Young brands internationally
Q two numbers. They've got Pizza Hut, KFC and Taco Bell.
Q two six hundred and thirty three million, up slightly
on Q two last year. Net sales up ten percent,
same source sales up to Is this all good?

Speaker 5 (28:54):
Ah?

Speaker 2 (28:55):
You got to look into the where's the gold? Well,
the gold is internationally, not America. That's the story here.
International stores are propping up the numbers. KFC two percent
same store sales, but that's thanks to international restaurants, especially
in China. Same store in America down five. They already
dropped last year from third biggest chicken chain to the
fifth biggest chicken chain, dropping sales at three point six percent.

(29:16):
Pizza Hut same store down one internationally, down five domestically
in America. Those two five percent drops for KFC and
Pizza Hut, by the way, the third worst, behind only
COVID and the GFC. So they've got major problems young
brands making the money. We're at Taco Bell. Everyone's left
a Taco Bell, increasing same store sales of four percent.
Americans love the chicken at Taco Bell. Can they tell

(29:39):
us chicken? Do they know it's chicken? Does it matter
Tiger exactly? Taco Bell chicken sales are up fifty percent
in the last two years. They haven't had a negative
week in that time at all at Taco Bell because.

Speaker 17 (29:51):
It all the free advertising from Taco Trump.

Speaker 2 (29:53):
We'll be there jobs five to one, five two five
three all that, as I tried to say earlier on
I don't I think that's the talking point. The talking
point today is a it's retrospective but be as this,
have we turned a corner? Or is there more where
that came from? And the Foreshaw and Seaboard bid at last,
I don't know what the hell have been doing, but
the government of moving on this, the Justice Minister respect

(30:15):
whether it's after the news, which is next?

Speaker 1 (30:18):
The Breakfast Show, Kiwi's Trust to Stay in the Know,
the Mic Hosking Breakfast with Vida, Retirement Communities, Life Your
Way News, togs heead b we.

Speaker 2 (30:27):
Th seven past seven, So job's day Hot money seems
to be an increase to five point three percent. Next
question is that it have we turned the corner? Mark
Smith as ASB senior economists back with us, Mark morning, Good.

Speaker 18 (30:38):
Morning, Mike.

Speaker 2 (30:38):
Are you at five point three?

Speaker 18 (30:40):
Yes, we are, Yeah, most of the marketers at the moment.

Speaker 2 (30:43):
And five point three with a view to what for
the rest of the year trending down or we don't know,
We don't.

Speaker 18 (30:48):
Know simply, but probably the risk is going to go
up for a while and hopefully go down. Probably the
important thing to note those the economy is lost and
it sinks about forty thousand jobs since the late time
in twenty three peak, and in terms of the falls
to jobs, it's been more for full time rather than
part time work. So really about labor market, it's getting
that much weaker.

Speaker 2 (31:08):
Yeah, can you put that in an historical context? I mean,
how often do we go around losing forty thousand jobs.

Speaker 18 (31:15):
Recently?

Speaker 7 (31:16):
Rare?

Speaker 18 (31:16):
Normally we do actually take on people. Now it's pretty
much the reverse is happening in terms of the drivers.
The New Zealand economy is not really copied much of
a break. We've been hit by a number of bad
news events and they're accumulating at the moment. And what's
really happening is the unemployment rate is five point three percent,
the highest in twenty sixteen at the world We've high

(31:38):
over the next few months.

Speaker 2 (31:39):
Yeah, have you changed your view on that? Because it
was a while back a lot of us were saying
five to five and I but I can't remember who
it was, but somebody had gotten toward dangerously towards six.
Then we all seem to amend ourselves while we thought
that twenty five was going to be this utopia, which
it's not turning out to be. So have you changed
your view?

Speaker 18 (31:57):
I think we've changed our view. In terms of how
much labor forces going by now we expect to be
essentially flat. To put that into context, the labor market
was growing about five percent a year a couple of
years ago, so it's very much the case of much
fewer people coming in. Migration is essentially slowed as well
as that prospect defines a job as much lower, so
people are staying out of the labor market.

Speaker 2 (32:19):
If we get five to three today, with a broad
feeling that it might not be over yet, what's the
RB do.

Speaker 18 (32:26):
I think they'll they'll look at that certainly, but really
the thing for them will be what's happening on the
pricing and cost sight of economy in terms of our
higher unemployment rate. That's what it really means. There's lots
of more capacity in the economy. We're also seeing way
to the labor cost growth slow. We expect labor cost
growth slope for the lowest in four years now. What

(32:47):
it already means is the Reserve Bank would be more
confident that inflation will conmuse to two percent over next year.

Speaker 2 (32:53):
Yeah, well, the problem is of the number of the
day is too inflations higher than two. That's in simple
Layman's terms, we're going backwards.

Speaker 18 (33:01):
Well, I think what is tried to look through this?
It's near to spike in inflation. I think most people
expect inflation to takes up to around three percent by
the second half of this year. But the real key
thing though, there's a lot of speck susy economy weight
growth is low and as a result, we like to
see inflation called from around three percent by sort of

(33:23):
later this year to around two percent and the Reserve
Bank can look through the spike inflation and cut the
OCR further.

Speaker 2 (33:30):
Good insight, Mark, appreciate your expertise has always make smith
out of the ASB. This whole looking through thing. I mean,
the RB can look through whatever they like. We don't
look through the insurance bill or the rates bill or
the power Wouldn't it be nice if that just turned
up in the letterbox and go, oh no, we'll look
through that. Actually, ten minutes past seven, pask getting the
green light on the foreshore and sea Beard been stuck
in court of course, but essentially we're looking to head

(33:51):
back to twenty eleven, to the way it has been
when it comes to customary title. Justice Minister Paul Goldsmith
back with us. Paul morning, Oh, good morning. What have
you been doing. It's been in core. I mean the
Supreme Court ruled in twenty twenty three, but mucking around
what's going on?

Speaker 12 (34:04):
No, no, no, not twenty three. What happened was it
was the Court of Appeal that ruled, which sort of
ignored the second part of our test, which was a
high test before customary Marine title was awarded. That is
because it has real consequences, it's got valuable rights and
it has the ability owners of to CMT have the
ability to turn down resource consents for certain things on

(34:26):
the coastal area. So that's why we had a high test.
Court of Appeal did that at the end of twenty three.
We introduced this legislation last year and it went off
to Select committee and then the Supreme Court overturned the
Court of Appeal and that's what complicated things. We've spent
a couple we've spent a bit of time just working
our way through the consequences of that and now we've

(34:48):
resolved to press on with the Supreme Court did half
the job, but we wanted.

Speaker 2 (34:52):
To do what if the Supreme Court hadn't gone against
the Appeal Court.

Speaker 12 (34:56):
Well, then we would have just carried on with our
legislation and passed it in decended.

Speaker 2 (34:59):
Exactly because Hi, Paul, you are the ultimate court in
the land. Who gives the monkeys what the appeal court says?

Speaker 12 (35:04):
Well, no, I mean, we obviously take very seriously what
Supreme Court says and.

Speaker 2 (35:10):
All the ultimate court of the land. If you want
to do something, do it.

Speaker 12 (35:13):
Yes, But you know, we take these things seriously and
we think through the consequences of it all, and we're
clear of what we want to achieve, which is that
we want to be able to provide the opportunity for
Mari customary rights to be recognized. But we also want
to protect the legitimate interests of all New Zealanders because
everybody obviously has an interest.

Speaker 2 (35:34):
In workings on the coastal area. Yes, we do.

Speaker 1 (35:37):
So.

Speaker 2 (35:37):
Basically, you're going back to twenty eleven, right, because you
had it sorted in twenty eleven. It's just a few
agitators hired. I'm sure at taxpayers expense some lawyers to
go to the Appeal Court then the Supreme Court. That's
how it unfolded, wasn't it.

Speaker 12 (35:49):
Well, I mean lots of people argue about all these
legal issues, and so what we're trying to be clear
about is that, yes, we want to have the opportunity
for people to go get customer marine title, but that
does have real valuable rights and that's why Parliament's at
a high bar. We want to make sure that there
is a high bar.

Speaker 2 (36:05):
Are we any materially different? Once you get this lot
through from where we were in twenty eleven, Well, that's
where Parliament thought it was in twenty eleven, but of
course this all goes through the courts. And but that's
my point. So you knew where you were because the
ultimate Court of the Land in twenty eleven made a
very clear statement on what it was, and you somehow

(36:26):
katau to these court proceedings and decided to muck around
since twenty eleven on this and finally we're getting back
to where we were in twenty eleven.

Speaker 12 (36:34):
No, I don't think that's quite an accurate timeline. The
law was passed in twenty eleven and then it took
about ten years before some significant cases reached the High
Court and that's when we saw the consequences of the
interpretation and that's what we're set to correct at the moment.
And so I want to be very clear about those
thresholds that there's two sort of things that have to

(36:55):
be determined Tikunga and then secondly undisturbed possessions. Since eving
forty timeline on what you're doing now, when's it ticked off?
We're just finalizing the drafting. We hope to get it
all done by October.

Speaker 2 (37:07):
Appreciate your time as always. Paul Smith. Paul Goldsmith, the
Justice Minister, thirteen minutes past seven, Real quick. It was
this ISHU the time yesterday we were talking to fed
farmers very upset about Canterbury. It was but rural policing generally.
Police got in touch with us yesterday. Basically they're not
reducing our numbers. Changed the way they're deployed basically, but
not reducing numbers. Important to note we're not planning to

(37:28):
close any police stations or front counters. We serve many
of our communities better by expanding our twenty four seven
coverage and I want our community to know they're open
to feedback. That is the Superintendent Tony Hill speaking this week.
The police from around the district will be attending community meetings.
I'm sure it's not as simple as that, because the
fed farmers are furious and the police are trying to
spar I get all of that, but I don't know

(37:49):
that it's as bad as the fed farm has made
it up to be. This time yesterday, fourteen past.

Speaker 1 (37:54):
The like asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (37:59):
A'd be now seventeen past seven? More change in education?
How about AI doing that marking? As of twenty twenty eight,
AI is going to be doing the bulk of the
marking for ENCEEA and this new national certificate. So Doctor
Catherine Mcallum is the Associate Professor of Digital Education Futures
at the University of Canterbury. And as with us, good morning,
good morning. Is there an issue around when we talk
about AI and marking? Is there an issue AI now

(38:21):
versus AI when it actually comes in? Could it be
exponentially different or are we sort of on top of this.

Speaker 19 (38:27):
Oh, I think it's changing quite rapidly, So I think
what it looks like now will be completely different.

Speaker 18 (38:34):
But I do think.

Speaker 19 (38:35):
Fundamentally and issues that we're addressing now won't change, so
how it's used, what are the manipulations is not changing.

Speaker 2 (38:44):
What do you I mean, are you bullish on this?
Is this a good idea generally or not?

Speaker 19 (38:49):
I mean, I think this is the problem when we're
talking about AI marking. It's not a black and white solution.
So yes, I can see potential and advantages, but I
also see that whole fell adoption is not the solution either.
And if we're bringing this into a you know, a
efficiency or a workload, it's addressing the wrong problem.

Speaker 7 (39:12):
You know.

Speaker 19 (39:12):
We need to rather think about what assessment looks like.

Speaker 2 (39:15):
Now this is my whole thing. See were they It's
like any of these technological advancements we get. We're on
the bandwagon, aren't we. It's suddenly the answer to everything,
when in reality it will prove not to be. It
might be an improvement, but it's not utopia, is it.

Speaker 4 (39:28):
No?

Speaker 7 (39:28):
No?

Speaker 19 (39:29):
No, I mean this is the issue is that we're solved.
This ideal that AI is a solution is silver bullets
or something. But equally it brings its own complexities and problems,
so it will solve in one problem, one area, but
it's we're not addressing I think the root issue, which
is how we are using AI and how it's changing

(39:49):
assessments and how we're supporting our students to engage in
this space appropriately to support their learning.

Speaker 2 (39:57):
Is it as simple as saying it'll do well in
maths and everyone has gone one plus one equals to
we'll get a correct answer. But if you do it
dealing with concepts or ideas or writing in English and
things like that, we might have an issue.

Speaker 19 (40:08):
Yes, yeah, definitely, And I think that's the that's the
problem around possibly that pilot space because it is about
it was used in a very fundamental way. It's really
easy to identify some simple answers, but if you're bringing
judgments into the process, it's not trained to do that,
and there are weaknesses, there are biases that we're bringing

(40:33):
into that. So judgment is that that's the typical and
that's where we need teach it in the.

Speaker 20 (40:39):
Space, not AI.

Speaker 2 (40:40):
All right, Catherine, well done. Doctor Katherine McCallum out of
the University of Canterick got some news around the sports.
So we won the rights of the World Triathlon Championships
and it's sort of it's a multi year deal, so
I'll work you through that in the next half of
our seven twenty.

Speaker 1 (40:53):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks be.

Speaker 2 (41:01):
Now, do you want to celebrate savings in Chemist Warehouse.
That's the place for you to head and store an
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we're doing it at chemist Warehouse. Great savings every day,
pasking Tim in twenty three. Now the stark reality of
music linear television. If Irene Gardener, who was on the
program at this time yesterday, was right, it's fairly simple.

(42:05):
So here's how the calculation works. You make a product, right,
you stick it on air, You get an audience, You
sell advertising based on that audience. Now, some programs can
never hope to get the sort of audience to pay
for the cost of the show. Inter government support or
brand sponsorship in other words, are financial support mechanism to
make a show that would not otherwise have been made. Now,
I made a show Sunday years back. It was on

(42:26):
TV three on the weekend, off peak. Didn't rate very well,
but it was never going to. But it rated fairly
well for what it was, which was a niche program
talking about the arts. It was made with New Zealand
on air money. Now, does Treasure Island attract more viewers
than that? Yes it does. So if you're going to
toss money it's something, why not toss it at that
more bang for buck? But the money tree hasn't got
more money, so somebody loses. Maybe it's an arts program.

(42:49):
Now the really scary thing is the calculation around peak
time primetime. This is what I learned yesterday. See this
show that my Cosking Breakfast makes money, lots of money,
quite a lot of money. Actually ZB is profitable. TV
and Z and TV three are not. So what about
pay for view Sky TV that's profitable, but they've got
the sport. What does TV three or TVNZ have that
you would pay for? I mean, would you pay to

(43:10):
watch treasure? And of course you wouldn't. So primetime linear
television is not profitable apparently because advertising dollars have vanished.
A Google TikTok and meta Now that's not going to change.
Game's over and that is the problem because all that
has left, if you think about it, is the taxpayer.
The big question is to what extent should the taxpayer
fund your evening's entertainment? And when I say you, I

(43:31):
mean those who are left watching the tally as opposed
to YouTube or Netflix. If linear television can't make a
bucket seven thirty on a Wednesday night. How long before
the lights get switched off? Asking Hi, Mike, unemployment, This
is interesting. Unemployment isn't just about the economy. It's about evolution.
What we're seeing as a global structural shift driven by
AI and automation. Jobs aren't vanishing because of slow growth,

(43:51):
in vanishing because the world of work is being rewritten.
As you know, it's not a downturn, it's a reset.
We need to embrace the positive aspects of change, not
dwell on the need. It's a very good partner. What
made it better was Murray Crane. That Murray Crane makes
suits for a living, very good suits, well known. Auckland
a Tellia. Can I use that word? I think I
probably can, Mike. This has been another white Tangy tribunal

(44:12):
Gravey train millions spent on claims clearly not complaining with
the intent of the legislation. Correct. So this is where
Paul's let himself down. So twenty eleven the law was
very clear. Some people who hired lawyers, I'm almost certain
on legal eight thought to themselves, I don't like this law,
so I'm going to go to court. Nothing wrong with that,
You're allowed to go to court. So they went to
the appeals Court and they went isn't it fear? And
the appeals court because their activist agreed with them. Fortunately

(44:33):
the Supreme Court came in over the top and said, no,
you're wrong. But at all times, and this is the
point I was trying to make to Paul, who didn't
seem to get it, or I think he did get it,
he just didn't want to get it. At all times,
the Parliament remained the highest court in the land. If
all you're ever going to do is pass a law
and then have it reinterpreted by an activist judge and
then spend two years hanging around waffling in a cabinet

(44:55):
room trying to work out what to do, you're not
running the country, are you.

Speaker 9 (44:58):
Now?

Speaker 2 (44:58):
This is the other importan point. This is a deal.
This whole Foreshuran Sea bed thing was a deal between
New Zealand First and National. Read really in New Zealand First,
who are hot on this, National don't seem to be
quite as hot on that. And that once again, dare
I suggest, politically speaking, dovetails into National's ongoing problems. They
don't look like a party that's actually into much actor

(45:20):
into it. Like them or not, they're into it. They're
doing it. New Zealand First are into it. Like it
or not, They're getting on with it. Nationals seem to
be we'll have a think and then we'll have a
talk and then we might come back to you in
a couple of years. They don't look to me like
doers and that I think, as shown in the polls,
could well be part of the problem. Now greats a

(45:42):
lot left on the vines, particularly in Marlborough. Are the
golden days coming to an end?

Speaker 1 (45:48):
Your source of freaking news, challenging opinion and honored facts,
the Mike Hosking Breakfast with Raindrover Leading by example, News
Talks Dead be.

Speaker 2 (45:58):
More from my dodgy poll file and a couple of
moments Mike. National are doing stuff e g. The education
changes and prove our training opportunities. Reporting that they're doing
nothing as false. Graham, I take your point. My point
is that announcing things isn't doing and so what they did,
and I'm all for the NCAA binning and the certificate
coming in. I love it. Get into it can't happen

(46:19):
soon enough. Point is not happening now and so next
year's election year, and having made some announcements about things
that will happen is useful, but it's not proof of
it having happened. And that's the point. Got some very
good news around some sport for you shortly meantime, twenty
three minutes away from eight politics weekesday. Of course, I'll
break make Mitchell, Ginny Anderson with us. Now, as I

(46:41):
asked you yesterday, do we have brewing no pun intended
issues in our famed wine sector. Tariff's obviously are trouble
for the States specifically, but we also have a lot
of produce being left unharvested on the bunes. Nearly one
hundred thousand tons has been left this last season. Now, Charlotte,
reader is the gym at brand at Winegroves, New Zealand,
and well the Charlotte very good morning to you.

Speaker 7 (47:03):
Good morning mate.

Speaker 2 (47:03):
One hundred thousand tons? Is that a lot? And is
it a worry?

Speaker 20 (47:09):
Look over producing more than demand in our industry? This
is just something that primary sectors often face. No, I
think in the in the current climate where we have
very strong demands for our premium wines. This, this, you know,

(47:31):
is a is something that's happened in our in our industry,
and that the strong reputation of New Zealand wine will
continue to have our wine thought after around the world.

Speaker 2 (47:43):
As a contractor or a purchaser of land or a grower,
do I see the one hundred thousand times and go
I'm not going to buy that block of land or
I'm not going to expand? Is that sort of thing happening?
Are we sort of maxed out on land and production
and growing grapes?

Speaker 20 (47:58):
I think undoubtedly for our sector at the moment, it
is a It is a very challenging time for industry.
There are there are many headwinds. We've got uncertain times,
whether it's the global economy, our own economy here in
New Zealand facing recession week wine markets, the tariffs of

(48:18):
last week haven't haven't helped increased exercise there. There are
there are many headwinds, but uncertainty is something that our
industry has faced for many years. We have been very
lucky in the New Zealand wine industry that we have
really enjoyed twenty five years of continuous growth pretty much.

(48:42):
And yes, this it is a concern at the moment
for for our industry, but our growers there and wineries
that they're really smart operators and they will make decisions
within their own businesses to help their supply match international demand.

Speaker 2 (49:01):
How much of what's left on the vine is serving
on blanc and how much of it's in Marlborough.

Speaker 7 (49:08):
Yes, well, you.

Speaker 20 (49:08):
Would have seen various reports in the recent week where
figures were revealed about about the Marbile region. You've got
to remember in our industry that ninety percent of our
wine is exported and ninety percent of that comes from
Marlboro and ninety percent of that is savignon blanc.

Speaker 15 (49:30):
So yes, it is.

Speaker 20 (49:32):
It is largely a savignon blanc issue that we are
talking about here. But what we are so encouraged by
is that New Zealand is making wine styles that the
world wants and our brand health tracking research shows that
more refreshing wine styles, lighter wine styles and white wines

(49:52):
are being increasingly turned to and savignon blanc from New Zealand.
It really has been such a s fest story a
around the world, so we have no long term reason
for concern.

Speaker 2 (50:04):
Sure the fall and demand globally around alcohol. The issue
around alcohol is in your view, is that permanent.

Speaker 20 (50:13):
Well, I think we are definitely seeing the alcohol market
and the wine market evolving, and we are working hard
to keep connected with our consumers. That's what's led to
our successes, being really closely connected to what international consumers
love to drink around the world. And so as emerging

(50:38):
emerging generations come through with their different habits, whether they
be digitally led in how they like to learn about things,
we've just got to keep ahead of the game on
how we connect with our consumers and ensure that we
are remaining relevant and we fight for occasion. We're trying

(50:59):
to fit people's lifestyles and you're seeing some great innovation
in our sector, whether it be lighter wines or packaging
formats that have evolved to more convenience than the like.

Speaker 2 (51:10):
Okay, so generally you're bullish or not.

Speaker 20 (51:17):
We undoubtedly as an industry are facing a challenging time
in our industry. But where I sit in brand, where
we push our international reputation with the support of our
seven hundred wineries around the world, we have such a
strong position in the world. You know, in the UK,

(51:39):
our oldest export market, one in every two bottles of
savignon blanc is from New Zealand and in the US
and premium price points, five out of the top ten
selling white wines are.

Speaker 7 (51:52):
From New Zealand.

Speaker 20 (51:53):
So we whilst it's the concerning time at home and
it's not easy for our growers, we do need to
take heart that there are very very strong reputational strengths
that we have. We're about to actually have an industry
wine business forum called Embracing Growth and Sustaining the Future,

(52:15):
and it's embracing change rather and embracing changes. What it's
all about having the ability to adapt to our changing
world and continue to make wines that the.

Speaker 2 (52:25):
World wants good stuff. Shall appreciate your time. Nice to
talk to you, Charlotte Read, who's the general manager at
brand at Winegros, New Zealand. My favorite story of yesterday
for you in just a couple of moments seventeen to eight.

Speaker 1 (52:38):
The Vike Asking Breakfast Full Show podcast on iHeartRadio. How
Advite News talks at me.

Speaker 2 (52:46):
I was mentioning earlier on I come back to it.
These GLP drugs would go being Manjara and all that
sort of stuff. Anyway, they fund them through script and
the NHS and they come up with the survey saying
that when people go off them, they put most of
the weight back on, which is hardly surprising. But any
having said that, my wife meets a radiologist yesterday who

(53:07):
I was taken by because she's and she'll be walking
right now. She walks every morning speaking of fitness, because
these GLP things are just the problem with GOLP drugs
is that they're an answer. They're a fantasy, seemingly a
fantastic answer to people who've got weight problems also diabetes,
of course, because it was made for diabetes in the
first place. Not wait, anyway, they're a fantastic answer, but
because the answer has been with us all along, which

(53:28):
is to exercise. And if you want to exercise and
eat well, then you're probably going to have some decent health.
I hate that answer exactly. And then that is the problem.
So Erin and we think her name's Erin, because of
course she comes home and she tells me, she goes, oh,
the wonderful woman. She's absolutely fantastic. So she walks fifty
minutes to work every day listening to this program, and
she walks fifty minutes home at the end of the day,

(53:49):
listening to Heather, and she says she loves it because
she feels fully informed for the day. Plus she loves gardens,
and so she goes past different routes and looks at
all the favorite gardens in the neighborhood on the way
to work, and she also feels so she's informed, she's fit,
and she's seen a lot of gardens. And I thought
to myself, that is a fan, What a fantastic individual,
What an uplifting story. And I said to Katie, I said,

(54:11):
what's her name? And of course Katie, because she's like
shallow as a puddle goes. I don't know. I think
could be Erin? Did she introduce Erin? So if it
is Eron, Aaron will know who I'm talking about. But
if it's not Aaron, you're going to yourself all my
name is Sharon. Then I apologized for my wife who
wasn't paying attention. But walking to work fifteen minutes a day,
walking home fifty minutes a day, it doesn't like walking
in the rain, but then who does? But she still does.

Speaker 17 (54:32):
That did not go in the direction I thought I
was going to go, mostly because quite early in the
piece you mentioned that she was a radiologist.

Speaker 2 (54:40):
Yeah, radiologist, a few medical stories to tell maybe on
Friday actually.

Speaker 17 (54:44):
And well no, but I just thought that from a
radiologist point of view, that she might have some insight
into the side effects of a zempak or walking.

Speaker 2 (54:53):
No, no, we didn't talk about a zempa because that
was a separate thing and I wasn't there, So Katie,
I mean I would have peppered her with that sort
of stuff, like what's your name? Yeah, I were first
things go. I would have said, now, oh, eron, lovely
to meet you. You sound like an interesting person. Let's
do a little Q.

Speaker 21 (55:08):
And A, as were gov rotting us from the inside exactly.
Katie's not like that, and what's your name? Best story
of the day yesterday Christa and Alex Clark also good
morning to you, because I suspect their listeners of this
program because I looked at them on the news last
night and I thought there's a beedlessness all day long.
Their Middle New Zealand, they rang the hot line, the
tip line, not for the road canes, so probably wrung

(55:30):
them as well. But anyway, they had a garden shed
in the backyard and they'd moved it to the corner
of the yard and they'd gone this, they got permission
of the neighbors because of course it's illegal to do that.
And so if you didn't know the rule, you had
to be as far away from your boundary with your
garden shed as your garden shed is high. So if
your garden shed's two and a half meters high, you
had to be two and a half meters away from
your boundary.

Speaker 2 (55:50):
You're asking why, very good question. So they rang the
tip line and they said, that's a stupid rule. How
about we changed that stupid rule. David Seymour, who's on
the end of the phone, he does the answer machine
every day at the end of the day, he went,
that's a good idea, and he went and changed the rules.
He's going to change the rules and went and opened
up their shed. And that is what New Zealand should
all be about. Christa and alexis going out living their life,

(56:10):
being sensible, being logical, helping a government change dumb rules
and we're all better off for it. So congratulations to
them and good Morning Eron ten minutes away from eight, the.

Speaker 1 (56:20):
Mike Hosking Breakfast with Bailey's Real Estate News Dogs, Dea'd be.

Speaker 2 (56:25):
Giving away from Make Good News for New Zealand and
especially our sports cred Towering has been handled the hosting
rights for the twenty twenty eight WORLL Triathlon Champs three
year deal several events in twenty six and twenty seven
leading up. It's also expected to generate about twenty five
million in tourism spending. Pete Devitt is Triathlon New Zealand's
CEO and is with us Pete morning, hold on, there's

(56:46):
my mouse stand by. You're with us? Yeah, good demand
for it. I mean, did you have to compete with
the whole lot of countries or cities.

Speaker 7 (56:56):
Yeah, yeah, we did.

Speaker 11 (56:57):
But to be fair, we've been working on this for
about three years and tried to position this with World
Trifling quite some time ago, primarily through hosting World Cup
events over the last three years and really showing them
that we've got what it takes to deliver this event
for World Triathlon and for New Zealand. So yeah, really
excited that we're here today and we're able to tell

(57:18):
the world about this.

Speaker 2 (57:19):
How many people would come from New Zealand as opposed
to from around the world.

Speaker 11 (57:23):
So we'd expect to have probably about twelve to thirteen
hundred age groups racing in the age group race in
twenty twenty eight of a field of about four and
a half thousand, so fairly large contingent of New Zealand
actually would race in the age group race. Yes, so
a big, big interest in the sport from an age
group perspective, and obviously great for them to be able

(57:44):
to actually compete at home instead of jumping on a
plane and having to travel around the world to compete
in the World chams.

Speaker 2 (57:49):
Yeah, it must have. Did it help? Do you know
for a fact that helps that we're actually quite good
at this is a sport?

Speaker 11 (57:55):
Yeah, it does help, certainly does help. And I think
that's also a large drive for us. Was given that
Hayden will likely bow out of Olympic distance racing in
twenty twenty eight, it's a fitting end to his career
for him to finish it up in Tronto, which is
pretty close to his hometown.

Speaker 9 (58:12):
Yeah.

Speaker 2 (58:12):
And what about Tewrong when you're looking from an international
point of view and handing out these sort of prizes,
is Tawrong as a gateway or problem as opposed to say,
in Auckland, which is easier for the world to get to.

Speaker 1 (58:23):
Yeah, not really.

Speaker 11 (58:24):
I think what we've looked at from a World triath
on perspective, they kind of look at it as iconic
cities or beautiful destinations. So I think from our perspective,
Teiroanto fits the ball of beautiful destinations. And you know,
we had the seventy point three World Champs, iron Man
World Champs here in Topoin in December last year, over

(58:45):
six thousand athletes competing. So I don't think there's too
much of a concern around getting athletes from main centers
into regional New Zealand. We've proven we can do it
before and we where we'd easily be able to do
it again.

Speaker 2 (58:56):
Exciting times. Well done, congratulations on it. Peaked Avot Triathlon
newsan CEO four minutes away from Ape Mike love you,
Sham an acupuncturist. Have a clinic in gray Land. Happy
to offer you and Katie a complimentary treatment if you're
into needles. You're very kind. We don't take freebies. But
Katie did it, and she's into holistic stuff these days,

(59:18):
in health and medicine stuff, and she went for the needles.
And there's no question. I don't know whether it's even
a thing anymore. Whether the people think acupuncture works, there's
no question it works. The needle thing was a major
psychologically for her and she I don't think she can
get a head around it. Last time I talked to her.
Mike Rewhine, there are only two messages we need to
get out to the world. One serving on blanc is
the best variety to drink with. Seafood too, Marlborough makes

(59:39):
the best saving on blanc in the world. Celebration Champagne
seafood serving on Blanc. Tim Crawford. Tim Crawford's a legend,
of course, the Crawford label. Tim and Erica love Erica.
Do I love Erica more than Tim? It doesn't really matter.
But the point is that Tim makes the wine, Erica
does the marketing. Anyway, they're one of the great success
stories of the New Zealand wine industry. News for you
in a couple of moments, and we've got to politics Wednesday.

(01:00:01):
They're in recess against the Marc's overseas and Ginny isn't
but she's out of town, but she will be with us,
So we've got that as anyone running the country vibe
about us this morning on Politics Wednesday, I might raise
that with them and see how that goes for us. Anyway,
that's after the News, which was next on the Mike
Hosking Breakfast.

Speaker 1 (01:00:23):
Town Fliers and only twice the News and the newsmakers
the Mic Hosking Breakfast with Bailey's real Estate altogether better
across residential, commercial and rural news talks.

Speaker 9 (01:00:37):
Head be.

Speaker 3 (01:00:41):
I'm from the back where down south going? Hey, Tom, Now,
while I.

Speaker 2 (01:00:53):
Was interested in this, this is not my kind of music,
but not that's nothing, skilled and clever and all that,
because it is. But I was wanting to hear the
voice and what sort of shape he's in this, Buddy guy.

Speaker 1 (01:01:04):
I ain't done with the blues.

Speaker 2 (01:01:07):
It seems to be, by the way, it's his twentieth
studio album. And what I was interested in is the voice,
which sounds very strong. He's eighty nine, which gives you
an indication that if you do what you love every
day and you're a performer, then the chances are you're
probably going to leave to a rifle of age, which
is it seems to be Joe Walsh's in this, and
Peter Frampton's in this, and the Blind Boys of Alabama

(01:01:30):
in it. We're Tuesday, and there is the good news
is there are eighteen glorious tracks for one hour. Not
often to say that these days, one hour, four minutes
and forty two seconds of big bad buddy guy.

Speaker 1 (01:01:47):
And be hard.

Speaker 2 (01:01:49):
Right in his eight min it's past as time for
politics Wednesday, Mark Mitchell Wills along with Jindy Anderson, Good
morning to you too.

Speaker 22 (01:01:56):
Hey, morning morning, Jimmy, good morning.

Speaker 2 (01:01:59):
Now, first of all, I'm just trying to work out
what I start with you, Ginny okay, and no, I
know your answer. Don't give me the A'm not going
to make policy on this program. I get that, I
understand that, But in general, would you look to flip
the Erica Stanford announcement.

Speaker 9 (01:02:18):
Of this week?

Speaker 22 (01:02:20):
Well, I need to know more about it. So the
main issue I have currently is that it's a really
short consultation period for such a huge overhaul. And to
be honest, my personal view has told Caucus about this.
But what's this AI stuff? Are they going to mark
the papers? I don't get that, but my AI is

(01:02:40):
going to do something.

Speaker 2 (01:02:41):
Well, what about the idea of a certificate versus NCA
four subjects? You've got a part five subjects got to
pass for abc D and E marking. I mean and
that in theory. Does that sit okay with you guys?
Are you guys going to create some sort of big
fuss that it becomes an election issue.

Speaker 22 (01:02:55):
We knew there were issues within CEA and and taking
a good look at that. But what we don't want
to go back to is the old school system where
if you got under fifty percent, you're a failure and
that's that. So NCAA was trying to make it more
workable for kids to keep progressing and moving. So as

(01:03:17):
long as we're not returning to a situation where someone
gets under fifty percent by one Mark and their toast.
So that's not going to help anyone. But look, if
they're going to make genuine, constructive improvements that make good
vocational options for kids, of course we'd be always open
to discuss that. My real concern is that six weeks
consultation doesn't really give pearans or students the opportunity to

(01:03:39):
have a decent say, all.

Speaker 2 (01:03:40):
Right, what it looks like Mark cash Patel. Did you
meet him?

Speaker 7 (01:03:45):
Yes?

Speaker 2 (01:03:45):
Yeah, because you were in the room and I thought,
hang on, he's probably met Mark. Tak me through it,
would you go. Would you go for a beer with them?

Speaker 9 (01:03:52):
Yeah? I would.

Speaker 23 (01:03:53):
Yeah, I'm very good, really focused on getting if your
agent's sort of back to basics, back out doing the
law enforcement role that they all joined to do, and
obviously really good having them down here and with the
permanent presence now to we talked a lot about the
myth situation.

Speaker 9 (01:04:10):
Globally and how we can work together on that.

Speaker 23 (01:04:14):
Obviously they've got a much bigger footprint and better intelligence
coming out of South America, which is where a lot
of this myth amphetamine has been generated from, and it's
having an awful impact on our Pacific countries. And of
course both New Zealand and Australia are working to deal
with us as well.

Speaker 2 (01:04:29):
Right, And when Nicholas said she saw a lot of
good looking men in suits, were they.

Speaker 9 (01:04:33):
Good looking as well? She's a far better judge, she's
a but yeah, of course he's got a security detail with.

Speaker 2 (01:04:43):
Them, Okay, the foreshore and seabed Ginny, would you are
you comfortable broadly with what old you know, Justice Minister
Goldsmith is doing or not?

Speaker 22 (01:04:56):
No, I don't think it's it's great.

Speaker 2 (01:04:58):
But isn't he going back to tooth eleven and if
you didn't like twenty eleven, you could have done something
about it when you're in government, but you didn't.

Speaker 22 (01:05:05):
Well, the situation is that it wasn't actually causing any
interference with public access. And I don't think what he's
done is strengthening the martive crown relationship at all. So
all of those who have been through the court process
are kind of left hanging now, well not all of those, Well,
those who have spent years going through a process is

(01:05:25):
more than those who have actually started the process as well,
who have initiated that process is more than seven year.
So I don't think it actually resolves anything clearly that
helps the martive crown relationship.

Speaker 2 (01:05:36):
What was wrong with the line that if you if you,
if you can prove to a court or the government
or whatever, that you've had access since eighteen forty pretty
much uninterrupted, you get your title. If you don't, you don't.
What's wrong with that.

Speaker 22 (01:05:49):
That there were very few that because of colonization, that
were able to establish that.

Speaker 2 (01:05:54):
Yeah, and hence therefore you don't want one rule for
you know, based on rates, do you in other words,
of your left it and you didn't do it, You
can't suddenly you know, one hundred and fifty years later, go,
oh yeah, we kind of like that place back then.

Speaker 22 (01:06:06):
But there were many other instances where there had been
continual customer gathering. There have been other practices that were happening,
and so we still wanted their ability to test that
right in the courts. So taking that away didn't really
do anything for the Mighty Crown relationship.

Speaker 14 (01:06:21):
Mark.

Speaker 23 (01:06:22):
Sorry, make no, I was just going to say, Mike,
that fools just reinstating the law back to what the
intent was in twenty eleven and it was changed through
a court decision.

Speaker 2 (01:06:31):
So how do you handle it? See Mark, and don't
tell me what goes on in cabinet obviously, But I
had Paul on earlier on today and I said, what
have you been doing? I mean, why are you listening
to courts? If you are the court of the land,
you are the highest court of the land, and if
you want to do something, do it. What are we
mucking around for years on end being and being told
what to do by courts?

Speaker 9 (01:06:53):
Yeah? Well, so I agree with you.

Speaker 23 (01:06:55):
Is that is that you know, once the law has passed,
all legislation has passed by Parliament in the intent that
should be applied by the courts. But the problem is,
so the courts are making their own interpretations of the law,
and that's what we've had in this case.

Speaker 9 (01:07:07):
Had to go.

Speaker 2 (01:07:10):
Yeah, But the point I'm saying Judy though, the point
is you don't have to listen to it. I mean,
you're always going to get somebody to go to court
to test and that's fine. But if you're going to
get activist courts, what's the point of parliament.

Speaker 22 (01:07:20):
Well you can flip it the other way too and
say Parliament's going to override everything the courts.

Speaker 2 (01:07:24):
What's well, not everything, but the stuff that you as
the duly elected power i e. The government's right. You
know you've got that, you be able to have some control.

Speaker 22 (01:07:33):
This goes right into what is I mean you're getting
into law as one or what is a separation of power?
I mean the two. In twenty eleven you had National
saying that Malory had their right to test test the
rights in court and they seem to have taken a
different position once in the government on.

Speaker 23 (01:07:48):
All right, Well, it's it's not a separation of power
issue at all. Is quite simply the will of the people.
The will of the people.

Speaker 22 (01:07:55):
About the legal doctrine the separation of power, which is
executive judiciary.

Speaker 2 (01:07:59):
I think viewing more along my lines, and old Paul
Goldsmith was struggling with it. He seemed he seems to
be sort of like the court and he likes to
listen to what the court are saying and all that
sort of stuff. But listen, I've got to take a break,
brief break more in a moment. Fourteen past the Mike.

Speaker 1 (01:08:11):
Husking Breakfast Full Show podcast on iHeart Radio powered by
News Talks It be.

Speaker 2 (01:08:17):
Used Talks Me seventeen past day, Ginny Anderson, Mark Mitchell
with us Mark the Sylvia Wood at theyr Cup. Were
you at the conference over the weekend? Yes, it was
good buzz, Yeah it was.

Speaker 9 (01:08:28):
That was great, really good conference.

Speaker 2 (01:08:30):
When Sylvia comes out party president and goes the country
doesn't see the Prime minister's humanity, Does she realize you
probably shouldn't say those things out loud because that's part
of the problem.

Speaker 22 (01:08:40):
Well, I thought it was a campaign on I thought
it was going to be Erica by the end of
the weekend.

Speaker 23 (01:08:46):
Well, we're we're very lucky to have Sylvie Wood as
our president. And look, she's probably talking and engineering terms he's,
you know, the Prime Minister. In my view, I consider
him a personal friend and I've got huge admiration for
him as a guy. That he didn't really get a honeymoon.
He's under constant attack, you know. And but the fact

(01:09:07):
of the matter is that he is. He is working
bloody hard for our country. He knows what to do
and in there our times, which is extremely difficult at
the moment with global headwinds we have, there is no
one better, in my view, that should be running the country.

Speaker 2 (01:09:21):
I wouldpect you to say that, and not only that, Mark,
but I also believe.

Speaker 9 (01:09:24):
But I believe.

Speaker 2 (01:09:25):
I mean that from heart. I know you believed.

Speaker 9 (01:09:28):
I wouldn't say it if I didn't feel.

Speaker 2 (01:09:30):
When and this is the problem with Sylvia saying what
she did. When does it translate to a point where
people go, yep, Mark was right and he is a
decent blow and I get it.

Speaker 9 (01:09:40):
Well.

Speaker 23 (01:09:40):
I just think that if they actually look at him,
if they if they look and see what he's doing
and what he's achieving for us as a country, and
if they and if they actually look at the difficulties
around the world at the moment, the headwinds, I mean,
we are although people aren't feeling it, and we fully
acknowledge that we are pulling ourselves out of the economic
mess that these guys that the previous government put us in.
The previous guy got no plan other than to text

(01:10:02):
people more. He's actually doing. He's actually doing a really
good kind.

Speaker 22 (01:10:07):
Of waited in there as well. I thought I read
something that was both a good Fellow and Sylvia both
saying stuff that he's not that popular.

Speaker 9 (01:10:15):
That's that's complete rubbish. Neither of them are said there.

Speaker 22 (01:10:22):
He is going.

Speaker 1 (01:10:23):
Let me just know.

Speaker 22 (01:10:24):
It was more. It was just making the point there
that is, popularity isn't strong and trying to be.

Speaker 2 (01:10:30):
When when you've got to tell people Mark My point
is this, when you've got to tell people something that
should be obvious, you've got a problem. Is the issue.
It's like saying, look, Hosking really is a nice guy. Now,
no one believes that a lot of people that.

Speaker 9 (01:10:52):
Yeah.

Speaker 23 (01:10:54):
Sorry, all I was going to say is, look, I've
been lucky in my lifetime to have worked some really
good leaders and as anity like you said, Jenny, let
me finish please, I've been really lucky to whip some
great leaders. I'm telling you now, Chris pha Luxon as
a minister is without a doubt a great leader, and

(01:11:17):
he empers he powers his ministers up. But I will
say this, he expects you to deliver results for the country.
We're here delivered results of the country, and if we don't,
then there's some serious conversations exactly.

Speaker 22 (01:11:28):
And that's what's happening right now, some serious conversations.

Speaker 2 (01:11:30):
Yes, and that's what let me have this on this
for you, Jenny. And it's not a personal thing. I'm
just interested in Megan Woods giving up her listen seat.
Does that work from home vibes? Is that like can't
be bothered? Is that just lazy politics? Why would you
want to just sit there being on the list if
you can be in an electric well, I.

Speaker 22 (01:11:46):
Think a situation, if we're in a situation where we're
forming government, someone like Meghan, who's her great experience, will
be critical. You don't know that we're on top of everything. No,
we don't know that. But she's put herself in a
position where she doesn't want to commit to our whole
six years of being an electorate seats. She's thinking, you know,
obviously she's got some other plans, but she's committed.

Speaker 9 (01:12:09):
To the.

Speaker 22 (01:12:12):
Well. She wants to give to someone else the opportunity
to take to take Wigram and I think good honor
she's being able to do that. It's not been an
easy decision, but I think enabling someone else to come
up through the party to give a clear message, I
think that's important.

Speaker 2 (01:12:29):
You and you're in Asia Mark with your Are you
out pounding through the jungles.

Speaker 22 (01:12:36):
Spear fishing on your private island.

Speaker 9 (01:12:40):
Of Bali doing some spear fishing yet? So back on Sunday.

Speaker 2 (01:12:46):
And what are you doing, Ginny? Have you come to
Auckland to visit the CBD.

Speaker 22 (01:12:50):
I am visiting construction companies. I've visited three different constructions.

Speaker 2 (01:12:56):
Were they doing anything.

Speaker 7 (01:12:58):
Well?

Speaker 22 (01:12:58):
Simplicity by the out by the racecourse, they're doing amazing work,
the same stuffs and simplicity out their eddings.

Speaker 9 (01:13:05):
They are doing amazing work because works don't come.

Speaker 22 (01:13:07):
On you talking about set up by Michael Cullens. They're responsible,
that's true, you are, That's what simplicity is.

Speaker 18 (01:13:19):
Outcomes.

Speaker 2 (01:13:22):
Yeah, that's right.

Speaker 22 (01:13:23):
Good, But eighteen thousand leaving the country is a we've
lost significantly all right.

Speaker 2 (01:13:27):
You two, you too, you two have a good use
for a good time and we'll sit you next Wednesday.
It's a twenty two.

Speaker 1 (01:13:34):
The Mike Asking Breakfast with Veda Retirement Communities News TOGSAV.

Speaker 2 (01:13:39):
You're looking for the smartest way to boost your homes
value in the static market, I've got some news for you.
Smartest way to do it You do it kitchens. So
for almost fifty years, very proud Keywi company has been
helping homeowners create superior quality kitchens incredibly affordable prices. So
what makes them so affordable, Well, basically you do the design.
So they've got to use your tools, let your customized
cabinet science. There's no extra you can choose from over

(01:14:01):
thirty five colors. Then once you have locked into that design,
that you do it team. They precision manufacture your kitchen
right here in the country and we love that in
only seven days. For goodness sake, everything is dispatched to
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(01:14:23):
want add real value to your house, say thousands in
the process search you do it, you d.

Speaker 1 (01:14:30):
You do it?

Speaker 2 (01:14:31):
Their customers probably say, of course I did it myself.
Thank god of this, Genny. What's wrong with having a
goal ie have to get fifty percent to pass? Not
everyone will pass, and that actually doesn't mean they're toast.
And it's true, I think, getting back to this, you've
got to fail in life to understand the value of success,
don't you. If you've never failed, you've never understood success
and you've never understood life. We shouldn't actually care of

(01:14:52):
lux and Mike is popular. He is leading a team
expecting excellence from ministers. We had a popular leader who
led us to the brink of disaster then scurried out
the back door. Tony, very very good point. But it's
not how politics works. I wish it did, but it doesn't,
and you've got to deal it. By the way, yesterday
the Mighty D's the Melbourne Demons, the AFL I followed it.
Of the AFL. I love the Mighty D's anyway, they

(01:15:13):
sacked their coach, so the SCAN I don't know the
suit place is remotely interested in that, but I was
moderately and he's in Melbourne and so I might ask
him about that in other matches in Australia, but moments away.
Next on News DOGSB.

Speaker 1 (01:15:27):
The only report you need to start your day, the
my Casting Breakfast with a Vida, Retirement, Communities, Life Your Way,
News Togs, Dead.

Speaker 2 (01:15:36):
B Mike, the popularity of Luxe and concerns me and
the rising costs. So I fear the coalition will be
voted out on this basis and we'll be right back
in the you know what again, I'll call the election
right now. They will get a second term.

Speaker 7 (01:15:48):
Of that.

Speaker 2 (01:15:49):
I'm absolutely convinced. Short of the usual caveats, like you know,
if somebody turns out to be you know, advent and
the scandal and the one party collapses or they all
start and play against what, beating each other up. I
can't can't reveal it at this particular point in time,
but all things being equal, the economy will be not great,
but it'll be It'll be enough. History tells us governments

(01:16:12):
get two terms. These three parties broadly speaking, got on
recentably well together. And the key to this is this,
as long as Hipkins, Woods, et cetera, Sepaloni are still there,
the distance between what they did to this country and
the fact they'll do it again is still not large
enough for enough people to have forgotten. And on that

(01:16:35):
basis alone, the government will be re elected. Remember where
you heard it first, twenty two minutes away from.

Speaker 16 (01:16:40):
Line International correspondence with Ends and Eye Insurance, peace of
mind for New Zealand.

Speaker 2 (01:16:45):
Business right Australia through Price Morning to you Caday, Good
morning now. It was Mitsubishi. Wasn't its Mitsubishi going to build.

Speaker 14 (01:16:51):
Them Mitsubishi Heavy Industry in Japan. And this is the
first real defense sale that Japan has made since World
War Two. As we all know, after the World War,
After World War two, Finish, Japan basically was not allowed
to have a military and America around the joint but
they have quite a military build up over the last

(01:17:12):
few years. And Australia is going to buy ten of
the ten billion dollars worth of eleven frigates. There was
a battle going on between Japan and Germany as to
who would provide us with these things. Japan has won
that contract. They will build the first three of them
in Japan, which is good news because when Australia tries
to build things like ships, it takes forever it costs

(01:17:35):
a lot of money and never runs on time. You
con bet the Japanese, as we know, they will do it.
They will build them and we'll get them, so that's
a good part of the deal. The rest of them
are supposed to be built at a joint called the
Henderson Shipyard in Wa but that's not even yet ready
to start building them, and it may not be ready
in time. So we'll get three. They've got thirty six

(01:17:56):
what they call vertical tubes on board these frigates, which
means I can find missiles and so Australia belatedly is
trying to get it. So it'sack together to try and
get enough military hardware to use if we have a
problem in the region.

Speaker 2 (01:18:11):
I noted that Mitsubishi Eavy Industry has popped a bit
on the shipmaker yesterday, so it was a big deal
for them as well. This big business and just cinder
Ellen and the working from home idea. See here's the
interesting thing. I suppose if you're just inter Ellen, the
top end of town as you call it in Australia,
do you sweat that or do you know you've probably
got the people on your side. Given everyone loves a
little bit of Wednesday and Thursday at home.

Speaker 14 (01:18:34):
Probably the latter given what it did during the federal
election campaign. You might remember Petter Dupp and said he
was going to cancel work from home, and then they
later turned that into an election weapon. Just Cinder Allen
wants to legislate it now. As I mentioned to you
earlier in the week, I mean, the problem is to
federal legislation overright state. But she's going ahead anyway. Today

(01:18:55):
to businessman Tim Gerner, who's a major property developer in Velvet,
and Graham Turner who runs flight Center, the well known
travel company, they have said, you've got to stop meddling
in business. You've got to stop telling a soup and
work where and when you've got You've got no right
to do that. One of the other interesting things that
came up when this discussion started to be had, there's

(01:19:16):
a little community on the River Murray which borders New
South Wales and Victoria. It's called Albury Wodonga, quite a
big center. Wadonga's on the Victorian side, Aubrey's on the
New South Wales side. So this ever happened, every business
in Madonga is going to go north over the river
and say, well, I'm not having two people people working
from home two days a week.

Speaker 7 (01:19:36):
See you later.

Speaker 2 (01:19:37):
What's the suburb going to be called this new one.

Speaker 14 (01:19:41):
It's called Beveridge Northwest.

Speaker 2 (01:19:44):
Would you like to look who came.

Speaker 9 (01:19:47):
Up with that?

Speaker 14 (01:19:48):
Well, some council officially Beveridge Northwest. Now just picture this.
You're going to be forty kilometers north of Melbourne, which
in the summer. This is alongside the Hume Highway, which
is the main road that goes from Melbourne Sydney currently Farmland.
You're going to be there in summer when it's probably

(01:20:09):
about forty two degrees. There's going to be forty seven
thousand other people with you, living in fifteen thousand homes
built cheek to jowl.

Speaker 9 (01:20:20):
And guess what.

Speaker 14 (01:20:21):
They've also going to open a new quarry there to
get the materials to build the houses.

Speaker 7 (01:20:28):
It's going a bit disaster.

Speaker 14 (01:20:30):
It's going to have eight schools and forest town centers. Look,
we need more housing. Yes, I don't think spreading out
in Farmland forty kilometers from the city without even a
sensible popper train line is the way.

Speaker 2 (01:20:44):
To go unreal. This grub Gareth Ward is fascinating. So
the last I heard yesterday was the Government's going to
have to go to court on this. Here they are.

Speaker 14 (01:20:54):
Because there is the Parliament itself. Caite bizarrely can't back anybody.
I mean, because of our party system. You're either in
the party or you're not. He's not. He's an independent.
The only way you can get him out is by
court order. This blog has been charged with serious offenses,
including the rape. He's not yet been sentenced. He's today

(01:21:15):
while you and I talking, he's laying in his prison
Colt inside silver Water Jail. And what he wants is
to retain his position as an independent member of the
new South Wales Parliament, which means he still gets paid.
Of course, without that job he gets no money. It
seems bizarre that the parliament can't boot someone out facing

(01:21:37):
those we're not facing serious charges. He's been found guilty and.

Speaker 2 (01:21:42):
In this country it's two years jail or more that
it's automatic.

Speaker 14 (01:21:47):
Yeah, absolutely, and so I just don't quite get why
he can't be thrown out. The Premier of Chris Min's
very frustrated by it. You would think everyone in Parliament
would put their hand up when asked the question should
we get rid of this book?

Speaker 2 (01:22:01):
Yeah, exactly. Hey, two Melbourne related questions. I don't even
know if you know the answer to either. I follow
the d's, the mighty d's. Yesterday they sacked the coach.
Why what's it just because they're a bit useless this year?

Speaker 14 (01:22:13):
Well not just this year. They won the COVID flag
in twenty twenty one in Wa.

Speaker 7 (01:22:19):
Yes, they have not been much.

Speaker 14 (01:22:20):
Good since the culture at the place seems on the rocks.
And why anyone without a strong allegiance to Melbourne would
barrack for them like you are is completely beyond me.
But nevertheless, yeap, next.

Speaker 2 (01:22:34):
Question because my dad anyway, More importantly, did you ever
go to eighteen hundred Lasagna? Do you know what eighteen
hundred lasagna is?

Speaker 7 (01:22:44):
No?

Speaker 14 (01:22:45):
I know Jamie Oliver went there once, but I haven't.

Speaker 1 (01:22:47):
Right.

Speaker 2 (01:22:47):
So, anyway, his business has gone into receivership. And he
was the hottest thing. So what's happened? He was a
COVID thing and everyone started eating lasagna in Melbourne. Now
he's gone into receivership. He got a hat Zoship's house.

Speaker 14 (01:23:01):
Hospitality in this country is in a huge trouble because
you can't afford to pay people the wages that they
demand Over time, people are not going out as much
all of the above. I don't think it was the
Lazanna any good.

Speaker 2 (01:23:15):
Well, the people seem to like it for a while
there in Thornberry. Is that a nice suburb? Is that
like Northwest Beverage or wherever the hell.

Speaker 14 (01:23:21):
It was in a North Greenies riding bikes.

Speaker 2 (01:23:24):
In all that stuff. See you next week, mate, So
Melbourne's iconic lauzanigna destination? Can you say that? Eighteen hundred
entered the administration? So Joey Kellock. He began with a
home delivery service during COVID, everyone went, oh Lasagnia and COVID,
isn't it just absolutely lovely? Then he opened up a restaurant.

(01:23:46):
More importantly, he got a hat, so instead of Michelin,
stars in Australia get a hat, and he had a
chef's hat just a couple of years ago. With the
comment from the people at the Good Food Guide, there
is simply nothing about it not to love. But clearly
they've worked out there is and here's an administration eight
forty five The.

Speaker 1 (01:24:05):
Like Asking Breakfast Fall Show podcast on iHeartRadio powered by
News Talks, A.

Speaker 2 (01:24:10):
B twelve away from nine dodgy survey of the day.
This is the pharmacy So the pharmaceuticals lobby group Medicines
New Zealand have done the survey. They represent and lobby
on behalf of their members names like Pirezer, murk, MSD
roach as presentic you know the names. Anyway, they got
a market research company called Perceptive online survey nine hundred

(01:24:33):
and ninety two of us between May and June. Results
will waited apparently to give representative samples of the population.
So forty three percent. So the government should be funding
medicines much more, quote unquote much more thirty one percent,
a little bit more than the rest at about the
same or less. Half of those surveyed believe New Zealand's
access to modern medicines is worse than in other developed countries.

(01:24:55):
I'll come back to that. Asked how much of an
increase in funding would infl So it's your vote. So
what they're trying to do is twist some arms here.
They're trying to put the pressure on the government, which
is what lobbyists do. Of course. I asked how much
an increase in funding would influence your vote? Eleven percent
said extremely, What does that mean? What is extremely for
goodness sake, twenty five percent, very much, thirty five percent, moderately,

(01:25:16):
eighteen percent, slightly, ten percent not at all. So what
they're trying to do is say, how about you know
you spend more money on more pills and potions. It's
like asking for a sunny day. It's like asking for
a pay rise. It's like asking to be better looking.
You know, would you like to be better looking?

Speaker 3 (01:25:30):
You know?

Speaker 2 (01:25:30):
Eighty seven percent of people said yes. So the business
of half those surveyed believe New Zealand's access to modern
medicines is worse than other developed countries. Well, so what
do you know that? No, you don't. You're guessing you
wouldn't have a clue if the next question would be, oh,
do you think we're worse off than other countries? Name four?
And you can't, So what a waste of time. So
presumably your MSD, eroches, your asprasenticas and stuff, pay money

(01:25:53):
to the Medicines Lobby group or whoever the hell they
are to go, give more money to the research company
to come up with this. That's lobbying. Basically, that's just
a good overt look at lobbying and obviously another example
of why really you've got to be very very careful
around poles. Ten Away from nine.

Speaker 1 (01:26:12):
The Mike Costing, Breakfast with Rainthrow Fern News, Togs, Dead Be.

Speaker 2 (01:26:16):
New Zealand, Australia, the Pacific Islands are by some incredibly
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well considered, often heartfelt, of course. So for over thirty years,

(01:26:37):
Bailey's and That Waterfront Magazine of This has been the
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(01:26:59):
looking for a waterfront proper and they're in a position
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For the twenty five to twenty six issue of Waterfront,
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It's so basically, if you're thinking hang on, could be
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(01:27:19):
beyond the horizon because your home deserves the world's attention.
Of course, you can do it all at Bailey's dot
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nz Ford slash Waterfront, or indeed contact your local Bailey's office.
No worries licensed are a two thousand and eight asking.
They're forming a task force, it has been announced from
the White House today they're forming a task force for

(01:27:41):
the twenty twenty eight Summer Olympics in Los Angeles. As
they so eloquently, Miss Levitt so eloquently said, sport is
one of Presidents Trump's greatest passions, and his athletic expertise,
combined with his unmatched hospitality experience, will make these Olympic
events the most exciting and memorable in history. It's hard

(01:28:07):
to believe she can say it with a straight face,
isn't it. She's good five minutes away from nine.

Speaker 1 (01:28:13):
Trending now with chemist ware House savings every day.

Speaker 2 (01:28:18):
New movie, probably one of the worst ever New World
New War of the worlds. This one stars ice Cube.
Now it's a screen movie, and you go, what's a
screen movie? Well, it's where everything that's happened happens to
ice Cube. He's looking at a screen and he's trying
to solve issues from his office by looking at the screen. Now,

(01:28:40):
Rotten Tomatoes, what are they saying? Well, well, zero zero
score on Rotten Tomatoes. Here are some of the reviews
I love in this movie.

Speaker 1 (01:28:47):
He's supposed to be a government computer expert, but.

Speaker 9 (01:28:50):
He looks like somebody's grandfather. Will cut the computer on
for the first time. Hey boy, I operate this stuf.

Speaker 15 (01:28:55):
The worst film I've seen this year, the worst incarnation
of war the world and the screen look terrible effects.

Speaker 1 (01:29:06):
I just I couldn't believe that this got made.

Speaker 7 (01:29:09):
I would rather soft my own penis and eat it
rather than rewatching this movie again.

Speaker 20 (01:29:13):
I tried as hard as humanly possible to finish this movie.

Speaker 1 (01:29:17):
And I couldn't do it.

Speaker 10 (01:29:18):
It's that dem bad.

Speaker 2 (01:29:21):
What is good? As I got to episode two of
Built in Birmingham, Brady and his mate Waggs who bought
the football team, it's gripping. It is absolutely gripping. And
so it's not about football. Forget about football. It's about life.
It's about aspiration, dreams, being brilliant, clever, all that sort
of stuff. They played Rixham and so that was interesting

(01:29:44):
for obvious reasons. Mcalanny was there and they sang that.
The crowd saying stick you're dead, pull up your ass,
up your grass, stick you dead, pull up your grass up.
The crowd was singing this. Mcalinny was in the crowd.
It was the funniest thing. And they won three one,
Boomingham one three one. But the rebuilding of a team

(01:30:05):
and how they're going about it is a fascinating insight
into the broad based story of success. And you can
see why Brady is the way he is. His mate's
more engaging. Wiggs is more engaging. He's the billionaire. But
Brady is just a force of nature. And so if
you haven't got onto that, you've got amazon time. And
then there's probably something that bit better than ice. Acute
place's moving you can get into if you got got

(01:30:26):
some spare time. Back tomorrow morning from six Happy Days.

Speaker 1 (01:30:32):
For more from the mic Asking breakfast, listen live to
news talks. It'd be from six am weekdays, or follow
the podcast on iHeartRadio

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