Episode Transcript
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Speaker 1 (00:00):
Your source of breaking news, challenging opinion and honored facts.
The Mike Hosking Breakfast with a Veda Retirement Communities, Life
Your Way News togs had been morning and well.
Speaker 2 (00:12):
Come to the kids leaving school with no qualifications at
a ten year high. Trump in a room with Pertlin
as it seems ago, Richie mullong is coming back, Monty
beat them on, the Warriors and the Bulldogs, Tomicate, you
do the week, of course, Charles Feldman in the States
MURRIALSI does the ods, Pasky being important to this Friday morning,
seven past six. I said earlier this week that the
government will be re elected next year because all things
(00:32):
being equal, history tends to show you get two terms.
And secondly, the opposition remained the same people who is
stuffed the place a year and a half ago, and
that pain, the closeness of that pain is still real
for too many of us, unless, of course, they I
don't know, rejuvenate the party you'll say sorry, none of
which is going to happen. This was all backed up
by Treasury, who, in one of their latest papers, which
is well worth reading, by the way, basically says the
(00:54):
government overspent. They were told not to overspend, and whatever
spending they were doing should be targeted and directly linked
to COVID. None of that advice was followed. They sprayed
money at a rate that equated to sixty six billion
dollars or twenty percent of our entire GDP, and when
the worst was over, they kept spraying, and here were
a couple of years later, we're bogged down and their
economic incompetence. The politics of it all is in full swing,
(01:16):
of course, as Labour tries desperately to blame the current
government for the mess and making that argument slightly complicated.
Is this ongoing criticism justifiable? If you ask me, for
all the announcements, in all the noise, this is a
timid government that really had license to go for broke
and they've largely chickened out. Yes, they've dabbled and PopEd
and prodded and done some decent common sense stuff. I
mean building products and garden sheds and speed limits and
(01:38):
rucks and the n CEA. I mean that's just in
the last couple of weeks. There's no shortage of bits
and pieces, but it's not transformational. Hence the slow progress
and the opening for labor to have a crack. Labour
are praying basically, you forget this is on them, but
it is, and the Treasury paper very clearly says so
they told Robertson to tighten it up, to be disciplined,
but socialists with majorities and egos are not for turning,
(02:00):
and so the ruinous money party was on. Writing about
it doesn't fix it, of course, but it is proof
positive that this lot inherited one of the most ill disciplined,
ill advised, arrogant, bungling fiscal messes of the modern age.
And if you don't believe, then that to believe, Treasury
Labor don't have a leg to stand on. And the
same people who did that to us are still there
(02:21):
wanting you to forget and give them another crack in
a year's time. And that is why they will not win.
Speaker 1 (02:28):
News of the World in ninety seconds.
Speaker 2 (02:30):
Tell you what close run thing for the bov Most
people thought the cut was a foregone conclusion. Turns out
it was a fivefour vote.
Speaker 3 (02:36):
We've had increased in coffee prices caused by whether in
other parts of the world and crops. We've had increase
in chocolate caused by issues in cocoa bean production. We've
had increase in beef. If your diet entirely consist of coffee,
chocols and beef, you're feeling that this is not your
not your weak.
Speaker 2 (02:51):
Really either way, Rachel doesn't care. She needs all the
good news she can get.
Speaker 4 (02:54):
Interest rates have now come down five times since Labour
came to office, in part because of this stability that
we've managed to return to the economy after the chopping
and changing the mini budget under the Conservatives and Liz Trust.
Speaker 2 (03:09):
Now we're going to have a meeting, and if we do,
is at the end of the war.
Speaker 5 (03:13):
And that's more than.
Speaker 6 (03:15):
We have many friends who are ready to help us
organize such meetings. One of them is a president of
the United Arab Emirates. So I think we'll decide on something.
This would be one of the very suitable places.
Speaker 2 (03:27):
Plenty in Russia are keen to do a flam and
mote space.
Speaker 7 (03:30):
This of course, can become an important historic event, an
event when Russia's position will be clearly conveyed to President Trump.
And we hope that this dialogue will continue even more actively,
including in the economic area.
Speaker 2 (03:42):
Beck and Britain. The stupidity of the one in one
out the all continues to be scrutinized.
Speaker 8 (03:46):
The number of people due to be returned to France
amounts to only six percent of arrivals. And if ninety
four percent of illegal immigrants crossing the Channel get to
stay in the UK, that quite clearly won't act as
any deterrent at all.
Speaker 2 (04:00):
And for Fox fans, Judge Janine, who had to leave
the Channel to become the attorney for the District of Columbia,
she's hitting the ground running.
Speaker 9 (04:06):
We're seeing far too much crime being committed by young
people that I can't get my hands on. I mean,
I don't know if you've seen some of the pictures,
but you know young people are coddled and they don't
need to be coddled anymore. They need to be held accountable.
Speaker 10 (04:22):
And she is.
Speaker 2 (04:22):
She's lying in the age of responsibility. I think it's
to fourteen. Finally, health news, just in time for the weekend.
Scientists have tracked the diets of over a couple of
hundred thousand US found that those who had hot chips
three times a week three times a week had a
twenty percent higher risk to develop diabet He's no kidding.
If you have chips five times a week. It's almost
thirty percent higher. However, if you want to eat the
(04:44):
boiled potato, the baked potato, the mash potato, then basically
no impactcause that's actually quite good for you. French fry
is not surprisingly worth the worst and that is new
is the world in ninety I feel they need to
give you some good news. China July exports topped expectations.
They're up over seven percent exports, so that's stuff coming
to ou us import's biggest jump in a year. So
we'll take all the good news out of China we
can get. Twelve past six.
Speaker 1 (05:07):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talk Zippy.
Speaker 2 (05:15):
I have more good news for you Delio, which is
the world's biggest olive oil producer. They're out of Spain.
Things are recovering. They've got a bumper harvest, the prices
are coming down. The volatively might might persist, but we
believe the trend towards normalization will hold to the breath
the sigh of olive oil relief. Fifteen parts. J Am
i Wealth, Andrew Keller Her good morning, Good morning, Mike.
(05:38):
Now I like this z Road and most people probably
correct me if I'm wrong. Obviously most people would know
what he roade is, would they.
Speaker 11 (05:45):
No.
Speaker 5 (05:45):
I think that's probably a fair assessment.
Speaker 12 (05:47):
It's not often we see a government policy change actually
overflow into the insects. I mean, it does happen from
time to time, but that is what has happened last week.
Speaker 13 (05:54):
And you're right.
Speaker 12 (05:54):
I don't think he wrote is going to be a
household name. It is an insects listed company. I think
it's dual listed as well on the AX and it
provides solutions for, amongst other people, logistics companies to manage
their road user charges and to cut to the chase.
It's seen a very healthy move higher in its share price.
So we've got the announcement that's been talked about an
(06:16):
awful lot the government's doing to transition the local light
vehicle fleet to road user charges. In other words, your car,
like my car or your neighbor's car, all the cars,
not just trucks and diesels and hybrids that are on
ruts at the moment. So E Road has a digital
sort of a virtual solution. So it's a GPS based
platform and it's currently rolled out toward being used by
(06:37):
people that use heavy vehicles commercial fleets, so they can
automatically pay for their road user charges, so it's calculated
on the actual distance travel because they clever little GPS
monitors where your vehicle goes. So this is already happening.
It's already collecting ruts. So you've got a system that's
ready to go, and the government announcement effectively means there's
a potential for a new three and a half million
(06:57):
vehicles that could use their system. Now, unsu Prizingly, he
Roade have issued a statement applauding the push for smarter
parah rucks. Understandably they are excited, how well their position
to be part of a digital solution. Now, what's interesting
here is the share price has sort of been bouncing
along for quite some time between eighty cents and a dollar.
(07:17):
It did take a bit of a leap at the
end of May, which is sort of quite interesting when
we look at that in retrospect to a dollar forty.
It's now over two bucks. Hey, look, the company has
been through some troubles. I mean back in twenty twenty
one it was trading over five dollars, so it's still
got a long way to.
Speaker 5 (07:33):
Go to recapture its past glory.
Speaker 12 (07:35):
But it's certainly been handed what you would call a
guilt edge to opportunity here, Hasn't.
Speaker 2 (07:41):
It explain this to me? So there's rb surveys of expectations,
I get it, and you go to people and you go,
what do you reckon inflation is going to be in
a couple of years? How the hell would anyone know?
And then based on that, why would they take that
so seriously?
Speaker 5 (07:54):
Okay, so two things here.
Speaker 12 (07:56):
One, it's the survey of expectations isn't just sent out
to a whole lot of random people. It is actually
sent out to an audience that hopefully will have some idea.
So it sent out to people in the industry that
are I suppose professionals, so they're going to be one
would assume, slightly more informed than the general public. Now,
But actually, in this expect in what we saw yesterday,
(08:18):
no news is actually good news.
Speaker 5 (08:19):
So let's just sort of back up a little bit.
Speaker 12 (08:21):
It's a quarterly survey of expectations, and included in that
is a survey of where people think inflation is going
to be.
Speaker 5 (08:27):
So it does seem pretty dry, doesn't it.
Speaker 12 (08:29):
But to answer your second question, it's a very important
input into their thinking because where people believe inflation is
going has proven to be quite an important factor on where.
Speaker 5 (08:39):
Inflation inflation actually goes.
Speaker 12 (08:43):
So in other words, if you think inflation is going
to be higher, then there is a higher propensity for
you to do either put your prices up or to
go and ask for higher wages.
Speaker 5 (08:52):
So it tends to drive where it's going to go.
Speaker 12 (08:55):
So we pay attention to indicators in various surveys about
inflation expectation. So just looking at yesterday, the key takeaway
here is that at least according to the survey, inflation
expectations are well anchored and Mike that is exactly where
you want them to be, So it presents no hurdle
I think to a move lower in the ocr So
for the record, to your inflation expectations came in at
(09:17):
two point two eight percent, down marginally from two point
two nine percent.
Speaker 5 (09:21):
They do keep an eye a close eye on the
two year number.
Speaker 12 (09:24):
It seems to be the number that's most predictive in
terms of you know, what's actually going to happen one
year ahead. Though people's expectations also fell from two point
four one to two point three seven. Interestingly, ours people
where they thought the OCR would be. And if you
look at this time next year, people think the OCO
will be at two point eight six percent, So that's
an average.
Speaker 5 (09:43):
So they still see downside there.
Speaker 12 (09:45):
But I think Mike, just with the risk of further
weakness in the labor market, the fact that your inflation
expectations are well contained, the fact that growth is anemic,
I think the arbun Z does need to move the OICR.
Speaker 5 (09:57):
And remember there's also a lag in.
Speaker 12 (10:00):
Monetary policy move so you're not moving the OCR now
to affect what's happening tomorrow, you're moving it to affect
what's happening in you in a year's time.
Speaker 5 (10:09):
So they've got to get going two and a half
time ago.
Speaker 2 (10:13):
Thank god, somebody's come to the party on that. Well done.
What are the numbers?
Speaker 5 (10:16):
So the US market's a little bit weaker.
Speaker 12 (10:19):
The Dow Jones is down point eighty five percent, that's
three hundred and seventy five points forty three.
Speaker 5 (10:24):
Thousand, eight hundred and eighteen.
Speaker 12 (10:26):
The S and P one hundreds is down about a
quarter of a percent, sixty three to two seven, and
the Nasdaq is down point three seven percent twenty one
thousand and ninety two overnight's the forty one hundred lost point.
Speaker 5 (10:38):
Six nine percent sixty four basis point nine thousand, one hundred.
Speaker 12 (10:42):
The nick was up point sixty five percent four one
oh five nine. The Shanghai composite up small six points
three sixty nine three. The OSCILLATIONI markets were quite quiet yesterday.
The ASEX two hundred down twelve points a eighty three one,
the insects fifty up seven points twelve thousand, eight hundred
and eighty seven. Here we doll it a little bit
stronger point five nine four seven against the US point
(11:03):
nine one four five ossie point five one one zero
against the Euro point four to four to three one
pounds eighty seven point six six. Japanese yen gold is
drifted up three thy three hundred and ninety two dollars
Brent crude. It's actually come down, Mike good, sixty six
dollars fifty three cents.
Speaker 5 (11:19):
There you go.
Speaker 2 (11:19):
Good, Yeah, a great week and see them next week.
Andrew Kelho jmiwealth dot co dot m Z so I've
got a million people reporting Serny's up there. They don't
think the tariffs are going to hit them as bad
as they thought they would, so so that what was
their operating profit up thirty six percent of their happy
Warner Brothers Discovery they're about to split as far as
companies are concerned, but they had some good movies, so
they're pretty happy. Due Lingo into that. They're having a
(11:41):
very good year there. Their shares are up some thirty
percent on the year. They're into the AI and a
whole lot of other language stuff, so they're going well.
Airbnb they did well, increased revenue by thirteen percent, so
we're all avoiding the hotels and going to Airbnb. Door
Dash that's here. Total orders up twenty percent. Shees, we're
eating a lot, aren't we. Total orders up there, so
a lot of people doing well, so we like that.
On a six twenty one, here reviews talk zedby.
Speaker 1 (12:09):
The Mike Asking Breakfast Full Show podcast on iHeartRadio now
Advite News talks.
Speaker 2 (12:14):
Be far as I can work out. The meeting started
a well in excess of a day ago, if not
two days ago. But anyway, Nitnya who's just announced he's
all in on Gaza.
Speaker 9 (12:22):
Well, Israel take control of all of Gaza.
Speaker 11 (12:26):
We intend to in order to assure our security. Remove
Tramas there, enable the population to be free of Gaza
and to pass it to civilian governance that is not
Tramas and not anyone advocating the destruction of visual.
Speaker 2 (12:42):
Fall out of That's going to be interesting to see
where Trump lands on it. By the way, fascinating article
on radius. Get it for you later. On how her
Mass I mean, what the Palestinians think about Hamas. I
got no idea, but how her Mass is still playing
most of their officials while most of the people start
to death. It's extraordinary. Way we'll have more on that
lighter six twenty five.
Speaker 1 (13:02):
Trending now with chemist Wills keeping Kiwi's healthy all year round.
Speaker 2 (13:07):
Now we got a comedian from the UK. This is
Kate smith Waite. She put out a video showing that
no one turned up to a show. So was it
a content? Was it a talent or something else? That's
got all the attention.
Speaker 14 (13:18):
So I'm here at the Bandshee Labyrinth, still in costume,
twenty five minutes after my show should have started. And
this is the oasis effect. So I did a couple
of hours flying as I usually would that would do
to get me a good crowd and I could tell
it wasn't working. Big groups of people in Oasis shirts
coming past, no interest in hearing about my show or
anybody else's show that was out there advertising My children's
show this morning also counseled due to zero audience members.
(13:42):
I think it's absolutely heartbreaking. I think the Fringe Society
should have seen this coming and done more about it.
And I think a band like Oasis should be more
considerate of their fellow performance when they decide where and
when to put this show.
Speaker 2 (13:53):
So on here what she won the Fringe Award this year,
by the way, so allegedly if she begets an audience,
she may well be entertaining. I've got none, General most
a couple of car things for you. General Motors and
Hundo have anounced they're going to co lab on cars
is the Way the Future, by the way, so they're
going to make a compact suv, a car of pickup
in a mid size pickup. They're also going to get
together on an electric commercial van for North America. At
(14:15):
full production, they think they'll make about eight hundred thousand vehicles.
The other thing is, and this is the real worry,
Toyota have announced nine and a half billion dollar tariffits
that's the biggest yet. So we've given you over the
last few weeks all the various car companies. The worst,
I think from memory was someone like GM that would
eventually be hit by five billion. Toyota, who are the
world's biggest car maker nine and a half billion dollars
(14:37):
to your bottom line. I don't know how that works
bottom line. Speaking of which, so there was Grant, there
was Jacinda, and there's old Chippy Gay and Treasury were saying,
can you please stop spraying the money about because this
is going to end in tears? And they went, what
do you know, losers, and we're in charge and off
they went. And so there's the Treasury, there's the proof.
There's what we inherited. For goodness sake. Ere At Crampton
(14:59):
from The New Zealand sive on this for you directly
after the news Tim and Katy being a Friday morning
after eight o'clock, of course, meantime, let us pull for
the news here at.
Speaker 1 (15:07):
News Talks HEADB, the news and the news makers, the
mic Hosking Breakfast with range Rover leading by example, News
Talks dead B we go.
Speaker 2 (15:21):
Stateside tariffs are unofficially and we've got this potential meeting
with Putin, so we'll go to Charles Felvin for you
shortly meantime twenty three to seven, back to the Treasury
report that lays by just how ruinous the adern Hipkins
Robertson campaign of spending was during the last years in office.
They overcooked the books, ignored official advice, and here we
are still trying to rectify the mess. Total spend was
sixty six billion, the second largest fiscal intervention in the world,
(15:43):
over twenty percent of GDP. Doctor Eric Crampton is the
chief economist at the New Zealand Initiative and is back
with us. Eric morning, Good morning. I think most of
us will probably work this out. But this is proof
positive of what a mess it was, isn't it.
Speaker 15 (15:56):
Yeah, About half of the spending during the COVID period
real was not well targeted towards anything having to do
with COVID. It was largely wasted. There were warnings at
the time. Treasury could have been more forthright at the
time about those warnings. The document now is great. They're
putting up all of the problems that we had at
the time. If we go back in time, a little bit.
(16:17):
In twenty twenty one, Treasury was saying pretty publicly that
fiscal policy was wonderful, that it should be included in responses.
They seemed to have forgotten the difficulty of scaling these
things back. It's great that they're remembering it now. I
hope that we remember it in future. The one really
useful recommendation in there is for an independent fiscal institution.
(16:39):
So this is something that the Initiative has been arguing
for for some time, and Treasury quietly makes the case
for in this piece as well, where they note that
Treasury's job isn't just doing forecasts and a little bit
of public colms around it. It's also to be a
trusted advisor to the Minister of Finance. So if the
Minister of Finance is doing something really dumb, it is
(17:02):
hard for Treasury to tell everybody that the Minister of
Finance is doing something really dumb because they have to
maintain trust with the minister. That means that we can't
look to them for the clear warnings that we need
for democratic accountability. You need to have a different agency
in that role, advising Parliament and the public more broadly
(17:23):
when things are going wrong.
Speaker 2 (17:25):
Who do you think is ultimately blame Because one of
the great criticisms at the time was they spent late,
but spent ninet years in opposition on their hands, didn't
have a plan for government, then panicked and relied on
officials too much. So where does the blame lie.
Speaker 15 (17:38):
The sorry the list of things that Treasure puts up
as the misguided spending, those look like political initiatives rather
than things that were coming out from the bureaus. There
was no if we think about the Shove already jobs program,
Shove infrastructure program, if this had been something that the
(17:59):
bureaucracy had been sort of cooking up forever, they would
have had a list ready of things to go. That
clearly wasn't the case. Instead, it was politically driven that
we needed to get money out the door, and there's
sort of foot grounds around town trying to figure out
how to spend it. So that's not the best way
of approaching things, and Treasury says, well, maybe we should
be devoting this sort of thing to maintenance if we're
(18:21):
going to be doing it in the next crisis.
Speaker 16 (18:25):
It looked.
Speaker 15 (18:27):
Some bits did come from officials. The wage subsidy scheme,
the first round through It's hard to fault anybody for
the response up through even late twenty twenty. They were
doing the best that they could in remarkable situation. They
failed then to progress afterwards, and that'll be a mix
of blame between the political officials and the bureaucracy that
(18:49):
they didn't come up with something better than lockdowns and
wage subsidies.
Speaker 2 (18:53):
Come the next one, and the great question is going forward,
and we'll probably never answer it. Would the listen like
this be learned and therefore or would depend purely on
what sort of government you have at the time. Appreciate
your time, doctor Eric Crampton, chief economist at the New
Zealand Initiative. By the way, Mike, bit of a bombshell
between Stamford and wille Jean primary cross party consultation on
(19:14):
n CEAF you haven't seen let me. I'll come back
to this in just a moment. But she has been
laid bare as a lazy waste of space. And that's
before you get to Hipkins, who was down in Queenstown
yesterday once again reheating capital gains tax nineteen to two.
Speaker 1 (19:30):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by news Talks at b my dear for the week
news talks a be headlines.
Speaker 2 (19:55):
Now, if you been thinking about upgrading your check for
the weekend, very good time for that. Harvey Norman's running
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(20:17):
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If you want for the full details. Terms and conditions apply, pasking.
(20:42):
Hey Willard Jane, congrats on the new roll. We'll need
to get you up to speed with the NCA change process.
Jan and I had started working with a cross party
on this, given the importance of our national qualification. Would
be good if we could meet first and I can
run you through where we're at and what the process is.
There's a policy advisory group of principals who are working
on the details and you can have access to them
(21:03):
when they meet, as well as my officials and also
nz QA. The Minister said her office would get in
touch with Prime if that's okay. The silence is what
she got that Stanford, what she got back from Willow
Jene Prime, and it gets worse.
Speaker 13 (21:20):
Six forty five International correspondence with Ensed Eye Insurance, Peace
of mind for New Zealand business.
Speaker 2 (21:26):
Why tied, Charld Feldman, money's you mate? See with us?
Speaker 10 (21:34):
Not with us.
Speaker 2 (21:35):
We'll come back to that. So a poll on Trump
this morning, disapproval rate not good, fifty one to forty
six percent favorability of the Democratic Party and minus thirty
two percent half of Independence disapprove of Trump. So it's
a mixed bag, really modest rise in the public's preference
for the Democrats to control Congress. That's gone for forty
nine forty four to forty eight forty six, from forty
eight forty six to forty nine forty four, so it's
(21:57):
a little bit of an increase. So those midterms are
going to be fascinating. That, by the way, is the
largest lead for the Democrats since twenty twenty one. A
favorability of the Democrat Party among the registered voters sank
to a minus thirty two. So for all of the
problems you may or may not have with Trump at
the moment, the Democrats aren't exactly firing twenty four positive
fifty six negatives. So no one really likes Trump and
(22:17):
no one really likes the Democratic Party either way. Trump
has been found out, as he was always going to be.
On the business. It was this time last week, so
the job numbers came out Saturday morning, New Zealand time.
There were shocking job numbers. So he went and sacked
the Bureau of Labor Statistics Commissioner Erica Magntarfa because her
agency had faked the job numbers. Now the problem was
(22:39):
he The claim was that she had issued phony job
numbers during the Biden administration to help the Democrats hold
the White House, only to revise them sharply downwards after
Trump won and twenty twenty four, Well, he got that wrong,
because they did revise. They added eight hundred and eighteen
thousand fewer jobs and originally reported. But the revision not
(23:00):
come after the election, as Trump has been telling us.
It was issued in August of twenty four, two months
before the election. So this poor woman basically has been
sacked for no good reason. Now, Charles, gotcha. How are you, ma'am?
Speaker 17 (23:13):
Hey, how are you very well?
Speaker 2 (23:15):
Indeed, tariffs are in. We're sort of where are we
at officially? We just wait and see how it plays
out officially.
Speaker 16 (23:23):
Well exactly. But you know, look, what President Trump has
done is he has single handedly changed the way trade
is conducted around the world and the way it has
been conducted for more than a century. I mean, that's
quite a feat. Whether one agrees with it or not,
(23:44):
it's actually remarkable. Now, the effects of that are yet
to be determined. You know, we're talking about an average
a terriff yate in excess of about eighteen percent some countries,
a lot more, some a little bit less. However you
look at it. If this is going to cost American
(24:04):
consumers more money, it is going to cost people in
other countries more money as well.
Speaker 2 (24:09):
How does this play out to the extent Trump will
say they're bringing in billions, billions and billions and billions
in tariffs. Where's that money going? And as I stand
in the aisle paying more for the Coca cola, will
I ever see it?
Speaker 18 (24:22):
No?
Speaker 16 (24:23):
This is my good question. This money goes into the
treasury of the United States and largely will help pay
for the tax cuts that President Trump got through Congress.
Tax cuts mostly that will benefit people who are very wealthy,
so they make up that shortfall. The revenue coming in
from these tariffs will go toward that. As for the
(24:45):
average consumer, what's going to happen, and it's already starting
to happen, is prices that the supermarket will start creeping up.
Prices for automobiles will go up, Prices for almost anything
that Americans get as an imported product will rise.
Speaker 2 (25:00):
Yeah, okay, update me on is Trump and putin go?
And if it does go, where when? And is Zelenski there?
Speaker 10 (25:10):
Well?
Speaker 16 (25:11):
The Kremlin at least seems to indicate that there is
a meeting sometime next week, probably in the United Era
Emirates between the Putin and Trump. One of the sticking points,
it seems to me anyway, is that the White House
has always said that Zelensky from the Ukraine, President Zolensky
would have to be there. No indication from the Kremlin
(25:35):
that that's the case. Actually quite the opposite, unreal.
Speaker 2 (25:39):
All right, we'll see how it plays out. By the way,
they rounded up the Democrats and takes us here to
where they've gone to.
Speaker 16 (25:45):
Well, yeah, the Democrats that have fled to you know,
states like New York and California where I am in Illinois,
and now the FBI apparently is getting involved to try
to round them up. It's not at all clear my
whether or not there's any legal basis for rounding them up.
You know, state legislatures are governed by state law, not
steral law, and if a particular member of the state
(26:09):
legislature decides to flee to another state, I'm not quite
sure what steral law the FBI has the authority to
use to bring them back or do anything to them
for that matter.
Speaker 2 (26:23):
Good catch up, Charles Feldman. More next week. Ken, We'll
see what happens over the weekend. I guess and that
let me come back to Stanford v. Willa Jene Prime
in a moment, it's you can't make this stuff up.
Nine to seven.
Speaker 19 (26:38):
You talk sid be headlines Asrael's security cabinet meets to
decide if it takes military control of Gaza. A coronel
highlights limits of solely relying on police accounts, repeat invitations
to NCEEA discussions are ignored by labor, and in sport,
Deputante stands with the ball as Black Camp's dismantle Hibabwe
on day one. Paul Henry has explained why he's pulled
(27:01):
the pin on The Traitor's TV show. You can read
Media Insider and in Zherial Premium.
Speaker 1 (27:10):
Putting the tough questions to the news maker. The only
report you need to start your day the My Casting
Breakfast with Bailey's Real Estate altogether better across residential, commercial,
and rural news.
Speaker 2 (27:23):
Togs head be well in seven past seven. So the
most alarming story of the week to my eye anyway,
was the increase yet again of kids leaving school with
literally no qualification. Sixteen percent had nothing. It's thousands of
kids it's our highest figure in a decade. David Seymour's
Associate Education Minister, of course, and this with us very
good morning morning.
Speaker 20 (27:38):
Way.
Speaker 2 (27:39):
So Nicol had tried yesterday on the program to talk
about the curriculum, and the curriculum is fantastic and the
changes are great. But I'm my suspicion as the curriculum
is not going to solve the problem. Is that fair.
Speaker 18 (27:49):
Well, I completely support everything the government is doing. Of course,
it's all sensible stuff. We should have one classroom with
one teacher, with kids facing the front, learning a curriculum
of rich knowledge and then getting examined on a test
that actually gives you a score out of one hundred
and requires you to learn all the knowledge, just pick
(28:09):
and choose certain unit standards.
Speaker 10 (28:12):
Out of the NCAA.
Speaker 18 (28:12):
All of that is one hundred percent correct. But actually
all of that should be obvious. It's only because things
have been so disastrous, whether it's Techia Paratus, big barnyard classrooms,
the NCAA itself, the so called world leading New Zealand
curriculum that goes back to the Clark government of two
(28:33):
thousand and seven. So many crazy things have been done
that what Eric is doing is being cheered on when
actually it's perfectly obvious stuff.
Speaker 2 (28:44):
My problem with these kids leaving is this. I mean,
there's always going to be a bunch of no hopers,
but the bunch of no hopers is increasing in numbers.
Are we doing something wrong or are we just got
a bunch of no hopers and we have to put.
Speaker 15 (28:55):
Up with it.
Speaker 18 (28:56):
Well, Look, I think the education systems become less because
you don't have a knowledgeable adult standing at the front
telling you stuff that feels like if you miss out,
you're missing out on something valuable. And that's because of
the erosion of the curriculum and so on. But I
think it's also true that while it's absolutely critical to
(29:17):
run the government education system, well we need alternatives. And
I won't surprise you to know my version of that
as charter schools. And I'll give you an example of
what that looks like tangibly. In christ Church christ Church
North College, a group of four state school principals got
together and said, look, we have children that we cannot
(29:37):
serve under our model. They have endorsed a new charter school,
christ Church North College. And the way it works is
they take children who have been totally disengaged. Every kid
at that school had either stopped attending or at least
was not attending at all regularly. In twenty twenty four.
Now every single kid is attending dramatically more than they were.
(30:01):
About half of them are attending regularly, which.
Speaker 10 (30:04):
Is not bad.
Speaker 18 (30:04):
There's a lot of state schools where that's not the case.
And with kids who weren't attending at all, it's a
good thing. And why is that Well, basically because they've
taken each of these kids, worked out why they're disengaged,
given them a program to get some foundational skills, and
started to set them up with a trade in the future. Now,
(30:25):
state schools, there's some valiant people that often don't have
the ability to do that. If you set up a
school with flexible funding, same money, greater flexibility and so
you guys need to do something different, then I think
you can start to fix some of these problems.
Speaker 15 (30:39):
Right.
Speaker 2 (30:39):
That's encouraging. Would you sack will A Jeon Prime? I mean,
this is inexcusable, isn't it?
Speaker 21 (30:46):
Well?
Speaker 18 (30:46):
I would, because of course there's lots of other act
MPs I could put into her place. But if I
was just Sinda's little helper, who, by the way, is
returning to the scene of the crime with extra petrol
this week end. Then I don't know what I'd do,
because she could be the best option that labor has.
Speaker 2 (31:05):
Nice to talk to you, have a good weekend, David Seymour,
Associate Education Minister. At least there's something out of that
which is encouraging. Eleven minutes past Sevensky Mike, who turns
off the ammonia rea plant and taranaki yep. I'd come
to that in just a moment. There's another bloody mess morning, Mike.
Someone who's doing his job, as David Seymour as a
small business person, sick of the BS and business and
the cost it imposes on my clients. I emailed the
(31:27):
Deputy Prime Minister in his capacity as Minister of Red
Tape emailed him yesterday at five nineteen. He responded personally
at five point thirty six as Private Secretary followed up
with an email at seven thirteen. All I can say
is professional operator. That's not bad, is it?
Speaker 16 (31:38):
Now?
Speaker 2 (31:39):
Is it too much to hope for let's talk international stuff?
Too much to hope for Trump and putin getting together
maybe next week in a room. Who would believe this
is Zelenski out of a call yesterday. Of course, the
jest to Putin is favoring the ceasefire. Secondary tarer of
threats may have had an effect. This is India. They're
not happy, of course. And there's another one of these
Trump deadlines that expires tomorrow. Trump remember said, we're twelve
(31:59):
fourteen days from turnbree You've got to sort this war
out anyway, Jimmy rushed in foreign policy expert in Kye respect. Well,
there's Jimmy Morning, good morning. Anything going to come with.
Speaker 22 (32:08):
Us, It's really difficult to say.
Speaker 21 (32:11):
So.
Speaker 22 (32:12):
Obviously there was the news reported that there was a
bilateral meeting between Trump and Putin agreed. But now the
New York Post, which has relatively good sourcing within the
Trump administration, have come out and quoted Trump administration officials
are saying that this is not the case and that
the Kremlin claims of a one on one were false.
(32:34):
So it seems like a lot of people took what
the Kremlin was selling spinning rather and I've run with it.
Speaker 5 (32:42):
I do think it.
Speaker 22 (32:43):
Shows the Kremlin is feeling the pressure that they feel
the need to pretend that they are ready for peace
because of the sanctions you said secondary sanctions as well,
But I don't think we're getting close.
Speaker 2 (32:57):
Unfortunately, on the field, if I'm putent, I'm winning. Do
I want a meeting, do I want to cease fire
or not?
Speaker 22 (33:06):
I think winning is too strong a word to use.
I mean, they are advancing, but they're nowhere close to
gaining anything strategically. They're gaining a few kilometers of destroyed
territory in the east of Ukraine, but it's not economically
productive and it doesn't bring them any closer to actually
ending the war. And they're also burning through, you know,
astonishing amounts of manpower and material to gain this relatively
(33:30):
useless land. So you know, for Putin, he probably thinks
that he can outlast the West. But you know, from
the Ukrainian perspective, they are you know, they're still fighting,
they're still holding strong, and they would rather continue to
fight than to, you know, to accept a deal on
really poor terms.
Speaker 2 (33:45):
Good stuff. Jimmy, appreciate your up that, Jimmy Rushton. So
that's going nowhere assemingly of Jimmy's run and I to
speak to hear is by the way, I've got a
yacht for you. One of the Oligaks. One of the
things they're doing. I don't know if this is real,
is that they're working with Oligaks who were tight with Putin.
This is the Americans. They're about to waction this yacht.
By the way, it's the first one to be auctioned
from the stuff they seized when the war started. But
they're working with Oligarks who are tight with Putin to
(34:07):
put the pressure on him to come to the table.
So we'll see where that goes. Fourteen Past.
Speaker 1 (34:12):
The Hike Asking Breakfast Fall Show podcast on iHeartRadio powered
by News Talks at B.
Speaker 2 (34:18):
Actually speaking of David Seymour, his Ministry of Red Tape
has struck again. They're going to look at labeling, food labeling,
and I think the insight is to what a mess
food labeling is in this country, what sort of difference
it could make it a supermarket to attend near you,
and the cost of We'll have a look out after
seven thirty Meantime seventeen past Good News Rugby Story of
the Week, What have we got? The return of Richie Muwanga,
eighteen month deal Crusaders, Canterbury and the All Blacks so
(34:41):
it allows him to be part of the World Cup.
Of course, is the key there. He's going to be
back with Canterbury as in the NPC team this time
next year. Colin Mansbridge is the Crusader Sea owners well
as Colin Morning Morning. Yeah, very well, thank you. How
individual is all of this this is for Richie and
Richie alone? Or is this the way of the future.
Speaker 20 (34:58):
I think it's a bit of the way the future.
I think, you know, athletes are good enough, they've sort
of done their apprenticeship so to speak, if you call
it apprenticeship, made a commitment to the game, and then
they go and experience a bit elsewhere. I think this
is the future, and it's actually probably the past. That
there's heat suppliers that have done similar types of things.
Speaker 2 (35:19):
Yeah, but the key there is similar. It's a sabbatical.
It's a different arrangement. He seemed did he blow it?
I mean, I'm not begging him, but do you just
leave a little bit early, get a bit carried away
with Japan and then go, oh, dear, I regret it.
Speaker 16 (35:32):
I'm not sure.
Speaker 20 (35:33):
It's interesting. You know, we were talking yesterday about how
long he's been playing the game. Here there's not many
first fives with one seven Super Rugby Pacific titles, so
that's a lot and so you know, how many more
does he have to win? So you know he's gone
for experience, given its family something different. Yeah, I think
it's probably a bit more complex than that.
Speaker 2 (35:54):
Okay, fair enough, you've got since we last talk, you
got Rob back as well, which I think for a
while there might have been a question mark, wouldn't it.
Speaker 20 (36:01):
Well, i'll tell you what happened last year. He I
think he appreciated the review process that we did. You know,
we said last year, look, we're in a bit, it's
not things aren't going well. We're going to do this
thing properly. We'll do the review. How can we get better?
Where are the things we need to improve, and let's
get through that. And he said, look, I thought that
process was so good last year. Let's let's give it
(36:23):
the credits it's due and do the same thing this year.
And then of course he went through a few of
his own reflections. So you know we're please, good, good.
Speaker 2 (36:31):
So you've got Richie and Rob. You're on a roll.
Now all you need to do is sign up the stadium.
You signed up the stadium. Colin, we have yeah.
Speaker 20 (36:39):
Sorry, well we've got an agreement in prince Ville and everything,
and we're working through the final detailed with venues or
to tell you. So we're just about me.
Speaker 2 (36:50):
Okay, what are we going to know about that?
Speaker 20 (36:52):
Well, actually, the draws due out. I think it's a
couple of weeks sc draw.
Speaker 6 (37:00):
All.
Speaker 20 (37:00):
The work around first game in the stadium is sort
of in the sort of mid eight Pril I think
practical completion date is eight eighth to April or that
sort of date. And everything's on track. So so this
is one project, one infrastructure thing, and I don't want
to sell basics what pack, but this is one infrastructure thing.
(37:21):
It's gone really, really well once they were given the
alcence to get on.
Speaker 10 (37:25):
Yeah.
Speaker 2 (37:26):
Yeah, the mucking around was no good. But once they started,
it's it's been brilliant, hasn't it.
Speaker 20 (37:31):
It has been very good.
Speaker 2 (37:32):
Here, good on you mate, you have a good weekend.
Colin Mansbridge, who's one of my favorite people in the
whole world. So Rob Penny, Richie Muwanga got the stadium and.
Speaker 23 (37:41):
The ability to travel both to the future and the
past at.
Speaker 2 (37:44):
The time, it's not bad. Let's mark the week in
the moment seven.
Speaker 1 (37:48):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks Be.
Speaker 2 (37:56):
Right O seven twenty three. Time now to mark the
week by the way Monty Betham on the Warriors. They've
got to win this weekend. This is the season on
the line this weekend with the bulltogs more surely anyway.
Time to marke a week little piece of news and
current events that will give you more miles per gallon
under the new ruck scheme. Are sheds eight The new
garden shed rules?
Speaker 11 (38:13):
What was that?
Speaker 2 (38:14):
I mean, give it to me properly?
Speaker 10 (38:15):
Was that just year?
Speaker 20 (38:16):
That's better?
Speaker 2 (38:17):
New garden shed rules are what government should be about,
simple and common sense. How hard can it be? For
goodness sake? See bed and Foreshore seven? Way too slow?
If a government can't govern, then why have a government
and not just get the appeal court to do everything?
Are cars six new car Sailors. It ain't boom time,
but it's better than it was with the stats this week.
(38:38):
And that is hope and maybe in new V eight
actually especial Economic Zone six. Shane Jones musing again as
an idea laudable, make it happen I'll kiss you. Local
body elections for nominations class. Once again, a whole bunch
of brace is not being run because we don't have
enough candidates. Fifteen percent one the biggest blow week in
(39:00):
an economy that needs it like a hole in the head.
Thanks Donald Cold seven good cooperation with the gen Taylor's
some cold hard reality at last. And a good kick
in the pants for the idiots who close the oil
and gas BP, speaking of which. Nine biggest strike in
twenty five years, Drill Baby, drill jobs. Four Because the
simple truth is this ain't over. I'm afraid to tell
you there is more where that came from, in a
(39:21):
year that was supposed to be showing real signs of recovery.
And just like that, four it ends after season three
two Part final, our last part drops today. I found myself,
I mean, I know, don't laugh, but quite engaged by
it now I know Downtown Auckland's three wake up call
for the week from the real estate bloke who said
we look more like Suber than Sydney Ouch Sydney Sweeney. Six.
Speaker 17 (39:46):
I'm not here to tell you to buy American engle chens.
Speaker 2 (39:49):
Explain that to me, make it make sense. Mining seven.
Now this country in terms of interest and accessibility is
gone from seventy two's second, seventy second in the world
to twelfth. More please Singapore sixty.
Speaker 5 (40:05):
Fifty.
Speaker 2 (40:06):
From what they've were to what they are. That's a
story and wander to emulates ethereum etherlium ten years old six.
Who would have thought, hey, mind you, Kim Kardashian four
shape wear for your face are fall in their money?
Speaker 16 (40:19):
Eh?
Speaker 2 (40:19):
And that's the weak copies on the website. Now, if
you put a combination of water and lemon juice on
a copy of Mark the Week and shine a light
on it, you will see an imprint of Chris Luxein's
humanity pasking Kapoony. You thought last year and the methodics
thing was a joke. It's got worse Capoony, and of
course than the ty point they had to close down
whether they have to close down, they had to limit
their production because we don't have enough power in this country.
(40:40):
So Capoony's the latest balance agri nutrients, so they make
your rear. Of course, they're running out of gas and
their contract runs out at the end of September. We
remain optimistic about securing short term supply good fifteen to
thirty percent increase in gas prices. I wonder why that
would be. I wonder why that would be as well
a gen Prime. Maybe they've got some text and emails
(41:02):
and they didn't answer them either. Secured contingency supplies for
nitrogen for farmers and growers for the spring. They're industrial
customers who use a thing called Go Clear, which is
a diesel feel additive. They've gone and sourced other way.
I mean, this is what's wrong with New Zealand. So
the company makes a thing called go Clear, but they've
gone to them and go can you go buy it
somewhere else? How many businesses go to their customers to go, hey,
(41:25):
you know the stuff you buy from us, can you
go buy it somewhere else? What sort of business plans
that now it's not their faul because they haven't got gas.
Forty one percent of the country's agricultural exports are enabled
by balance fertilizer. It's kind of important, So hopefully they
get that sorted out. Mike Muwanga can't stay in Japan.
He can't just come in when he likes it, then
have a short term contract and then buger off again.
(41:46):
You know what, Yes, he can do you know why?
Because he's good and I like people who are good,
and I like people who are so good that they
can write their own ticket. And he's so good he
can write his own ticket, Mike, worst recession in thirty years,
economy stuffed, unemployment right in, liquidations rising, and Hipkins does
a speech for CGT. Is he the most out of
touch politician ever?
Speaker 16 (42:05):
Yep.
Speaker 2 (42:06):
If I was luxon as many problems as Luckson currently has,
I can't think of anyone I'd rather take on an
election campaign than Hipkins, because I'd kick his arms and
beat him, beat him around the block to next Wednesday.
He's not a player, he's not a contender. And when
I ran out of time with him, I'd go Willer
Jean Prime, how's she going? How about Willow Jean? And
(42:27):
then when I'd run out of time on Willo Jean
Prime would pull out the Treasury report that came out
yesterday and go how about your sixty six billion? Mate? Hey,
I mean, how hard can the campaign be when you're
up against that lot labeling off stuff that's next for you?
Speaker 1 (42:40):
After the minutes, New Zealand's voice of reason is Mike
the mic Hosking Breakfast with Veda, Retirement Communities, Life Your
Way News togs Head.
Speaker 2 (42:52):
Be just quickly on that yacht if you're interested that
I was telling you about for the Russians. This is
the first the States have got it. But this is
the first of the oligarch yachts that they when putin
rolled across the border. They're auctioning it off three twenty five.
That's US so about half a billion, but it's nice.
Don't get put off by the price. Auction closes September ten,
(43:13):
so you've got time to have a look at it
and see if it's a bit of you. So it's
one hundred and six meters long, see three years ago.
It's currently in San Diego. It was custom built by Leoson,
who are quite good at that sort of thing. That
was built in twenty seventeen, so you might find it
a bit dated. Francois Zaretti was the designer, probably a
bit ghost. Extensive marble work, eight state rooms, beauty salon,
(43:36):
sparred jim halipad, swimming pool, elevator holds sixteen guests, thirty
six crew. No one really knows who owns it because
of course it's all ghost stuff because the Russians. But nevertheless,
if you're interested, half a billion should do it. Twenty
three minutes away from eighteen to Curdie Arklope right next
cab Off the old slashing of red tape. Rank is
(43:56):
Labeling laws currently is around thirty laws require important goods
to meet our packaging standards, essentially driving away competition ads
cost of both business and consumers. Anyway, Catherine Rich's the
boss ad Business New zealand And is with us. Good morning,
good morning, of all the issues in your area, where
does this labeling business fit? Do you think?
Speaker 24 (44:14):
Look, I know it sounds like a really dry topic,
but it's a multi billion dollar issue for New Zealand.
So many products require labels and it is time to
look at the things that New Zealand expects companies to
do and just test it, just to look at what
are we asking, what's important to have on a label
(44:35):
and what's not because so many things have to be
repackaged or resticked for New Zealand, and in many cases
it's completely unnecessary and could be done well. The information
could be imparted by an E label or QR code
not on the sticker.
Speaker 2 (44:51):
All right two claims yesterday one will see more See
the chemist warehouse employees a person to do nothing but
check labels. Is that true? It would they be the
only company? And why has it got this bad look?
Speaker 24 (45:04):
This is an issue for any company that markets something
that requires a label. So it's not just pharmaceuticals. It's food,
it's beer and wine, it's clothing, it's everything. And there
are some very good reasons for labels, of course, things
like warnings, hazards, allergens. But over a period of time,
New Zealand has introduced some bespoke rules which require overstickering
(45:27):
for reasons that aren't really necessary. There are lots of
other legitimate labeling jurisdictions around the world. We should look
towards greater mutual recognition. Wine's a good example. You might
have noticed on if you're buying a bottle of French
or Spanish wine, it might have an ugly white sticker
on it in addition to its beautiful bottle. That's because
(45:50):
New Zealand has some rules which the rest of the
world doesn't follow. I think the Ministry of Regulation is
doing going to do some important work. It is a
multi billion dollar issue. It's not to take away information
for consumers. It's just a test what should be on
the label and what could be better delivered by a
(46:11):
QR code or something online.
Speaker 2 (46:13):
Other claim yesterday was if you do it properly, you
can lower the cost of a product, therefore the cost
of living gets cheaper. True or not?
Speaker 24 (46:20):
Yes, that is true. There have been examples in New
Zealand where even though we're a market the size of Melbourne,
we ask companies to either repack or oversticker for to
deliver information that's could be delivered in another way. It
does add cost because you've physically got to have someone
(46:40):
over stickering, or in many cases you're asking a company
to do a very short production run, which is often
uneconomic or ads cost. And the other issue is that
many companies are not They're either making one of two decisions.
One they're going to the cost of doing this repackaging
or two they're decide not come to our market at all.
(47:02):
And during the time I ran the Student Grocery Council,
I saw that a lot sometimes Medsafe or MPI would
ask for a rule to be implemented and the company
would just decide on not launching a New Zealand at all,
and that means less choice for consumers and not having
the access to the latest innovation.
Speaker 2 (47:21):
All right, Catherine, go well, have a good week in
Katherine Rich Business New Zealand CEO Mike Curramandel Peninsula local
body elections. We got six candidates for mayor, nine standing
for council and teams three vacancies, eight standing for the
Community Board and teams four vacancies. This is similar across
the peninsula in all wards. We've got huge interest from candidates.
Now all we need to do is to stimulate all
the rape pays, including the holiday home owners to vote.
(47:44):
Top update truly appreciate at nineteen two The.
Speaker 1 (47:47):
Mike Asking Breakfast, a full show podcast on iHeartRadio powered
by News Talks at be sext.
Speaker 2 (47:54):
Thing to it's just thing. I mentioned this to Ryan
earlier on when he was telling me Hipkins wouldn't come
on as program this morning, but as it was quote
unquote too early, and so we've also had Megan Woods
this week opting to the list only can't be bothered
being an electorate MP anymore, and Willi joen Prime now
can't be bothered answering her emails or a text or
anything like that if you ever want to see what
Willa jeen Prime's about and have a think about this,
(48:15):
because these are there. These are the heavy hitters of
the Labor Party. These are the top talent that will
be coming to the four in the election campaign and
trying to convince you that they are the ones to
run the country. You've never seen a person in Question
Time more ill at ease with the ability to think
on their feet. She has literally no ability whatsoever to
think on her feet. And she's pulled up constantly by
(48:37):
the speaker for putting editorials into her questions not allowed to.
One of the rules is you can't go Is that
idiot across the other side of the house agreeing with this, Well,
you can't do that. You've just got to ask a
basic question. She's pulled up on it over and over
and over again, and then Brownly goes ask the question
again a different way, and the moment you say to her,
ask the question again a different way, she can't do
it because it's not written down in front of a
(48:59):
Sipolone's very soon the Seplinely can't do anything for herself
outside of reading an individual question, and when she fills
in for Hipkins. She's absolutely useless. But Willow Jean Prime
and why they keep putting her up? This is my point.
Why they keep putting her up as one of the
main players. I've got no idea unless they're completely devoid
of talent. But the moment you ask her to say
ask the question in a different ways, you can see
(49:21):
her just almost genuine flecting under the desk, going, oh
my god, what am I supposed to do?
Speaker 17 (49:28):
Now?
Speaker 2 (49:28):
It's the most the weirdest thing in the world. Now,
my uplifting story of the week is the last operational
woolen die House spinning mill has been saved from the
scrap heap. I don't know why this appeals to me,
but and because I don't buy it. I mean, this
is bundles of wool. I mean, who do you know
who buys bundles of wool? Knits? Knits and spinners? Are
(49:50):
there spinners? And this is in the country a few knitters,
I suppose. Nothing became a thing for a while. One
of our daughters got into knitting for a while and
it was very therapeutic.
Speaker 23 (49:57):
It was sort of a crochet versus knitting. There very
much there.
Speaker 2 (50:00):
Yeah, wild is wild earth Yarns so have taken over
the manufacturing equipment of a company called Design Spun, which
is a napier. They were going out of business and
they were going to sell this stuff or bin it
or whatever. Anyway, the hand yarn does the superfine marino,
and this is why I probably like it. No one
loves the superfine marino more than me. Possum fiber and
strong wool, so you can spin even strong wool. And
(50:23):
as a result, this company, by the ways in Bromley,
and that's christ Church and anything to do with Christy
your time all over. So they've taken this machinery, they're
going to be able to expand massively. Most of the
country's wall clip goes overseas. That's another thing. Why does
the wall clip go overseas to be processed? This is
like logs us Winston the story. Most of our logs
go overseas to be processed. Why why aren't we processing
(50:44):
warlocks here? Why aren't we doing more things with this
stuff we grow here? Added value? Why are we sending
most of the wall overseas when you can potentially do
it here anyway? The company Wild earth Yarns of Bromley
have gone and bought this equipment. They're saving the equipment,
they're keeping an art alive, and their business is going
to expand as a result of that.
Speaker 23 (51:03):
I want do they want to buy a tannery? Because
that tennery, you know, the leather place, is that for sale?
Where was I was going out of business, wasn't it
when we were talking about it?
Speaker 2 (51:14):
I think the gap between spinning and tanning is probably.
Speaker 23 (51:18):
Is it not the same sort of thing.
Speaker 2 (51:19):
It's not the same sort of thing, Glen. But thanks
for blue skying like that. Let's talk about the warrior.
This is it, am I right?
Speaker 20 (51:26):
This is it.
Speaker 2 (51:28):
If we can't beat the bulldogs, I'm yeah, I think
I can almost certainly say if we can't beat the bulldogs,
what chance more? In a moment eleven aw.
Speaker 1 (51:43):
Eight, the Mic Hosking breakfast with a Vita Retirement Communities
News Dogs.
Speaker 2 (51:48):
Head been eight minutes away from You'd be surprised, Mike,
howmedy spinners there are in this country? The variety of
yarns is they spin as amazing? Well, that's encouraging to
I was just reminding Nicole McKees and Knitter.
Speaker 16 (51:58):
Of course.
Speaker 2 (51:59):
The acting Olympic diver Tom Daily, UK British great knitter
has his own range of wool. So there you go.
By the way, Melbourne the new NRL leader, Ladder leaders,
Brisbane's hopes of a top four finished dash, the storm
one sided record against the Broncos. This all happened last night.
Just bringing you up to speed storm on storm on
(52:19):
thirty six Raiders, thirty six Bulldogs thirty four Warriors thirty
which brings us, of course to this weekend. We play
the Bulldogs and we have not beaten a top side,
and in that surely is a problem. Monty beat them
with on this Monty Morning.
Speaker 10 (52:31):
Good morning, Mike, how you've been going watching the Warriors?
It's too much from your lounge of late.
Speaker 2 (52:36):
The You raise a very sensitive topic here, Monty. I
don't like being filmed because people make fun of me.
Speaker 10 (52:45):
Oh mate, I love the passion, mate, and I love
the great supporters of the great game and the Warriors.
So okay, I do miss it. I do missing it.
Speaker 2 (52:53):
Okay, Well, I'll talk to the videographer and see what
we can do this weekend. Anyway, back to the serious business.
Do you worry we've not beaten a really good so.
Speaker 10 (53:01):
Look, I think across the board there's a few teams
in a similar position, but used in saying that, you know,
when you think of the great year we had previous
to this, wee can come in in terms of the
Warriors that they probably should have had a lot of
top four spot locked them by now, especially the last
two home games against teams with the run that most
deemed the easiest run coming in out of the top
(53:23):
four teams top four side. So this one as a
game you though, they played the Bulldogs twice last year
and lost the last time, had of course stayed in
the lost by just the one point. So it's going
to be a great game. And they've boys been in
a mini camp since Wednesday, the top thirty players over
there and Web loves it in terms of the boys
getting connected, getting close and really the plot in the
(53:45):
downfall of the opposition good.
Speaker 2 (53:47):
So is it two in a row and this will
freak them out? Or is it two in a row
Warriors of all we come back and do something spectacular.
Speaker 10 (53:56):
Well, I think if you look at the experts and
what they're particularly on the other side of the tatment,
because the Warriors are yet to lose three in a
row this year, they're thinking that's going to be the
case that they're going to come back from to down,
not wanting to lose three and show what they're built
with adversity behind them, you know. But you know, with
some of the likes of potentially James Fish Harris coming in,
(54:16):
I think that's the leadership that you'd want. He's pushing
to play from what I'm hearing, but it's whether he's
available or not.
Speaker 16 (54:21):
Last week we had three guys that.
Speaker 10 (54:23):
Were in under nineteen side in twenty twenty three, so
it's next man up mentality, but it's been quite young.
But in saying that, they should have got the result
last week, so a lack of motivation this week against
a very good Bulldog side who had a month of
winning before getting their pants pulled down by a Tiger
side and the wed over there, so they'll be looking
to bounce back as well, which makes us probably the
(54:44):
best clash of the round, having two teams wanted to
vie for a high position in their top four and
cementthy chances.
Speaker 2 (54:51):
Couldn't agree more so if we win this week in
the tour line, isn't it because the rest of the
ways relatively should be relatively easy.
Speaker 10 (54:57):
Yeah, by the time the boys take the field, they're
going to know how the other games have panned out
before them. So they've been in a really good situation.
Not that they'll be looking at that, and they want
to get a result regardless. But you know, I think
if the Warriors win three from the last five, they're
realistic chance of being in the top four. Four will
cement their place in the top four. And depending on
what happens with these other games coming out prior to this,
(55:20):
you know, the powers in your own hands. You've got
to win your matches. But we'll see other games and
other teams who aren't fancy. They often get up this
time of year, Mike, They do.
Speaker 2 (55:28):
All right, mate, go well Monty Beatham. Good to catch
up with the former Warrior's captain, of course, an all
round good guy in the league. Legend Monti Mike ow
and niece and her husband own wild earth Yarns and
have worked their asses off over the last ten to
fifteen years to get where they are. Well done to them,
I say I could, John, I can.
Speaker 18 (55:43):
Agree with you.
Speaker 2 (55:43):
All well done to them. Anyone who's thriving and prospering
at this particular point in time. Something that I thought about. Yes,
stays at the headdresser with the Griggles. So there's two
companies I've been dealing with lately that have this thing
that if you do well, you can prosper in this economy.
So everyone that's in a funk. So Griggles has been
running his company for twenty five twenty six years, and
(56:05):
he's got the office the sell on manager with him.
The seal on manager's been with him for twenty five years.
How many people can you say in a business that
have been with you for the full twenty five years.
And the other one was a company called Tuba. It's
a restaurant called Tuba in Auckland. Was reminded of it
the other day and they opened in the nineties. And
the guy who runs the place is still there. And
his offsider who's the head hoorn show the matre d
(56:25):
the welcome, kiss and greet you, sit you down with champagne.
That guy Brad, he's been there for the full time
as well. Very very few people in business hang around
over the long period of time. Why do people hang
around over the long period of time. The answer would
be because they like what they do. They're looked after, well,
they're paid well, they believe in a vision, they love
the company, they love the people they work with, etc.
So it can be done, and maybe a young company
(56:48):
is another example of that.
Speaker 23 (56:49):
I've been sitting here for nearly twenty five years.
Speaker 2 (56:51):
I've rest my case and I mean, you know, between
Paul and I, we've kept John Glynn. We've seen you
for what you are and we've gone no, no, he's
the little guy who could that sort of stuff. I
think that's what we're dealing with, isn't it.
Speaker 23 (57:00):
You know, so we're all liking the sound of the pay,
the high pay that you were talking about, the pay conditions.
Speaker 2 (57:07):
Anyway, Just just all I'm saying is, if you want to,
you can news this next.
Speaker 1 (57:13):
Mikeskame insightful, engaging and vital the mic asking breakfast with
Range Rover leading by example, news Dogs dead.
Speaker 25 (57:22):
B love me, you said that you care, bring me
the party, and you leave me.
Speaker 2 (57:33):
Saffron Cafe my was my first date venue with my
husband twenty five years ago. We celebrated with their awesome
team in June. That's nice. I'm Mike. We have five
staff that have been with us over twenty two years
in our construction business in wy Katto. We feel the
luckiest to have the loyalty and good chair. Ye know,
we do good chat on the show. This is Renee
(57:57):
with that little thing above the second d cool.
Speaker 23 (58:01):
I think just having two e's is cool.
Speaker 2 (58:03):
Well she's got three. It's a re n e e
E wrap Rene rap.
Speaker 23 (58:11):
How many peas a rap?
Speaker 2 (58:13):
Two piece? Two p's and three e's. She this is
the sophomore al but I hate that phrase. She's a
Broadway actress, interestingly enough, and in this they tell me
she's embracing her sexuality and independence, which I think a
couple of things that you do want to embrace, especially
(58:33):
the twenty five years old, which is basically what she is.
Twelve tracks.
Speaker 5 (58:38):
This is very forgettable.
Speaker 2 (58:39):
As Nusley twere thirty three minutes and twenty two seconds.
Speaker 1 (58:45):
Here we go, thank you for the week in review
with two degrees bringing smart business solutions to the table.
Speaker 17 (58:52):
Timbo, how am Mike? Where she will? We're a bit
like there's those long terms that you're talking about.
Speaker 25 (59:00):
We've been I've been doing this marriage counseling in disguise
for about twelve.
Speaker 2 (59:04):
Years now, twelve years from that show. That's incredible. Yeah,
that's not true, Katie. How long have you been on
the show? Must be the same amount of time seems longer.
Speaker 26 (59:11):
Absolutely, no idea. No, I wouldn't have thought.
Speaker 2 (59:14):
It was that long because you don't take it seriously.
I mean, and when you don't.
Speaker 22 (59:17):
Take it, I don't take it remotely seriously.
Speaker 9 (59:20):
How could you?
Speaker 2 (59:21):
Hey, guess what tomorrow is? Very exciting to use you guys,
you're ready for the first person who guesses what tomorrow is?
Have I guess it's a it's a thing, it's a birthday,
it's an event, and the first person who gets it
will win a year's worth of k bars on me.
Speaker 26 (59:39):
I don't think they still make cabars do that. But okay,
is it something that a sport? No, like a no cars?
Speaker 2 (59:46):
Very indirectly indirect Is this the first time the Warriors
will win in three goes? No, that sort of thing's
going to get you kicked off and there won't be
year thirteen for you, Tim if you keep that up.
The answer is the door is no prize winners today. Sadly,
the answer is new z B is ninety nine tomorrow.
(01:00:08):
Oh my god, ninety tomorrow.
Speaker 26 (01:00:11):
One more year, and it may be a telegram from
the King.
Speaker 2 (01:00:15):
I tell you what, I at least a telegram. They've
already asked me this morning because they're planning next year,
because of course one hundred. They've asked me to be
the keynote speaker at what at at the one hundredth
birthday of.
Speaker 26 (01:00:29):
Z Yeah, but where's that like in the iHeart lounge or.
Speaker 11 (01:00:37):
Speaking?
Speaker 17 (01:00:37):
Yeah, where's where's the How many people are going to
be there?
Speaker 2 (01:00:42):
I went to before I started the show. I went
to the the eightieth birthday of ZIB and Paul was
there and MERVH. Smith was there and I, Oh, my goodness,
Mr Smith, Yeah, it was one of that He brought
his trains. He was a train, didn't he He came
in a train. It was incredible.
Speaker 21 (01:01:00):
And I thought.
Speaker 2 (01:01:00):
I sat in that room that night and I was
sort of still kind of like I was, I thought,
bloody hell this is and this was fantastic. I thought,
this is what named me. How many businesses in this
country one that have gone one hundred years and two
have been without blowing my trumpet too loudly have been
as successful as ZEDB has for that period of time.
(01:01:20):
I mean, name me a company, just one exactly there
isn't one.
Speaker 26 (01:01:25):
Probably probably will be one, but I don't know. But
I don't know that you'll be available to be a
keynote speaker because have you talked to ZB about your
upcoming burgeoning television career. So this is right, someone has
been approached to do celebrity treasure island term and I
can tell you for nothing it's not me.
Speaker 25 (01:01:42):
Well, I actually I would have thought traitor would be
more your CHAMPI.
Speaker 2 (01:01:46):
Well, it's interesting. I was, funnily enough, I was reading
about that this morning. So so just for people aren't
up to speed on this traitor is what's it called
the traitor or whatever it's called, so traders, so traitors.
So i'mly to believe it. I don't think it's been
six tcessful here at all because and I'm surprised it's
got a third season because it didn't rate last time,
because we were reading the ratings this week. But nevertheless,
(01:02:07):
Paul Henry, my good friend, used to news read on
my show, used to drive in from the wire wrapper
to be the newsreader on my show. And I said
to a couple of people I said at the time,
I said that that guy Paul is moderately talented, see
what you can do with them. And look what's happened anyway.
Speaker 17 (01:02:24):
He's now on the boarder TV and sad anyway.
Speaker 2 (01:02:26):
Say no more so anyway, he's not doing it anymore,
so they need suddenly a new host. Now this has
become complicated for me because I was already I've already
been touched yeh, because I've already been touched up for
Treasure Island earlier on in the week. And so I mean,
we can really see you on slipery Chies Island, can't.
Speaker 25 (01:02:46):
We're making alliances, gathering people and running atouly talking. Yeah,
it's it's never happening.
Speaker 26 (01:02:53):
The only one this is going to was one with
like a waiter, a lounger and.
Speaker 17 (01:02:58):
And and a shop for marinos.
Speaker 25 (01:02:59):
And and this is also someone who I think said
just before the news, I hate being videoed.
Speaker 2 (01:03:06):
So yeah, that's true. What are we going to do
about it, Katie? Because Monty Betham, who's one of the
greatest Warriors of all time, is missing the Warriors videos
and will.
Speaker 26 (01:03:16):
You referit to me as your videographer?
Speaker 24 (01:03:18):
And what he doesn't know is behind the.
Speaker 26 (01:03:19):
Scenes, it's one of the sole points of our marriage
because I have to film you without you knowing because
you hate and have banned me from filming you, and
so when I upload it to Instagram, it goes off.
In fact, the last reel that I put up on
my Instagram of you watching the Warriors is sitting at
over four hundred and seventy thousand views, so that's probably
twice Celebrity Treasure Island and the Traitors. So I think
(01:03:43):
I need some New Zealand on air funding.
Speaker 25 (01:03:44):
Really, I've actually got a I've got a larger question here,
as your marriage counselor in disguise, Kate, this is a
safe space. But if Mike broke up with the Warriors,
would that improve your marriage?
Speaker 10 (01:03:58):
Well?
Speaker 16 (01:03:58):
Not really.
Speaker 26 (01:03:59):
I mean I don't mind him the Warriors. I just
try to film them from behind pop plats and from
behind my books so he doesn't notice. And then someone
always knacks and tells them and says, oh classic, I
saw you on K's Instagram, and that just ruins it
for me because then he comes home furious.
Speaker 2 (01:04:13):
And goes keep filmed. The key being because I'm not
on social media, I don't know any of this is happening,
so it's it's the biggest nark actually, funnily enough as
the Prime minister. And he comes and he comes and
I don't know what.
Speaker 11 (01:04:25):
I think.
Speaker 2 (01:04:25):
That's why he's got problems running over. He seems to
spend his life on social media because he comes and goes, oh,
so you got a new aston? You got a new aston?
Speaker 25 (01:04:32):
Have you? Mike?
Speaker 21 (01:04:33):
Wow?
Speaker 2 (01:04:33):
I live vicariously through you. What about the Warriors?
Speaker 5 (01:04:35):
Mike?
Speaker 2 (01:04:35):
I saw you cleaning your light bulbs at the country
over the weekend. Arter I say, are you running the
country or are you just looking at me on Instagram
over the weekend? Listen, I'll tell you what.
Speaker 26 (01:04:45):
The reels of you washing the car they usually at
around two hundred thousand views, so you're not as popular
as the Warriors, but they are up there.
Speaker 2 (01:04:53):
Two hundred thousand people watch me washing a car and
straight to the little ear.
Speaker 26 (01:05:01):
This would be way way higher because TikTok it would
be in.
Speaker 25 (01:05:04):
The I think the National Party's got like eighty thousand
followers on TikTok alone, So you guys could just we
need to.
Speaker 2 (01:05:11):
Get to TikTok. We'll well, we'll blue sky this in
the moment fourteen past.
Speaker 1 (01:05:17):
The mic Hosking Breakfast Full Show podcast on iHeartRadio, carle
it By News Talk.
Speaker 2 (01:05:22):
Zippy just talks seventeen past eight.
Speaker 1 (01:05:27):
The weekend Review with two degrees, fighting for fear for
Kiwi business trouble.
Speaker 25 (01:05:33):
Tim Yep, yep, the Swift wouldn't start this morning, plus
the keyboard.
Speaker 26 (01:05:39):
We're not supposed to be talking about this on air.
Sam's throwing you under the bus by telling you again.
Speaker 17 (01:05:43):
Over again, exactly. Yeah, here's the deal. It turns over,
so it's not a battery issue.
Speaker 2 (01:05:48):
Right, it will be the alternator. Have you got a
spear alternator?
Speaker 7 (01:05:53):
No?
Speaker 25 (01:05:54):
Do you have a spear Suzuki Swift alternator?
Speaker 2 (01:05:56):
Well no I don't.
Speaker 17 (01:05:56):
But do you want to come over? Well, come over,
put your head au little the bon it Cake can
film it.
Speaker 2 (01:06:02):
Swamping out. Swapping an old to night is not hard, mate.
You could do it in half an hour. Get down
to Ripco, get an alternator and pop it on and
you'll be sitting together. Does it infuriate you when that happens.
Speaker 17 (01:06:13):
When the car wings start?
Speaker 2 (01:06:15):
No, when it's not a sunny day, yes, when the
car won't start, yes, But you.
Speaker 25 (01:06:21):
Know what, I was actually reading something this morning about
how you handle crises. So you go back into the
house and you just you're calm, you're orderly, you don't
freak out in front of the kids. And I think
it was actually I was reflecting that was a good
object list on and not freaking out.
Speaker 2 (01:06:35):
Do you blame Suzuki for it or is it more
a maintenance issue.
Speaker 25 (01:06:39):
I think it's a maintenance said no, No, I'm all
I'm all about the Suzuki.
Speaker 2 (01:06:43):
Yeah, fair enough to think a couple of quick questions
for you, Katie. First of all, do you realize that
Duelingo popped thirty percent so far this year in terms
of shares?
Speaker 10 (01:06:50):
Oh?
Speaker 2 (01:06:51):
Really, Well, they're leaning into AI so they're bread is
because no one does more due lingo than you do.
But so that's obviously a very good business. You do
due lingo every time we do the country on a Friday.
Because you won't talk to me. You go, I go hello,
I like you guys are shut up. I'm just doing
the duo lingo Or is that you're not.
Speaker 26 (01:07:10):
I haven't done due lingo in like forever, that was
like last year. Maybe I'm not talking to you in
the car because.
Speaker 2 (01:07:16):
What are you doing with the word The other day?
What was the word you got the other day sweaty
or bumpy or lumpy?
Speaker 15 (01:07:21):
What?
Speaker 25 (01:07:22):
No, you're talking about the wordle word due.
Speaker 17 (01:07:24):
Lingos it's jue.
Speaker 25 (01:07:26):
Lingo is a language learning platform.
Speaker 17 (01:07:29):
Roma was learning learning German? Of it was he and
did it?
Speaker 2 (01:07:32):
Did it work?
Speaker 24 (01:07:33):
Yeah?
Speaker 2 (01:07:34):
What what is alternator in German?
Speaker 25 (01:07:41):
Our, Flemish, gishatzwagin?
Speaker 2 (01:07:43):
Second question for you, Katie Kim Kardashian's face strap? Is
there anything in that?
Speaker 18 (01:07:48):
Oh?
Speaker 26 (01:07:48):
Look, I saw I saw a comedian saying the Kardashians
have been very successful at making us hate our bodies.
Now they've extended that to making you hate your face.
I can't think of anything more grotesque.
Speaker 21 (01:07:59):
But did you see that?
Speaker 18 (01:08:01):
Yes?
Speaker 17 (01:08:01):
Oh yeah, Anthony Hopkins, very funny.
Speaker 2 (01:08:07):
Hopkins well worth looking up on social media. We should
stop promoting social media because that's on social media as well,
and of course that destroys linear telling.
Speaker 26 (01:08:15):
Now that you're going to television, will have to get
back to stay.
Speaker 2 (01:08:18):
Oh sorry, you're back to that that I got approached
very high up in TV and zaid they texted the
very high ups here and we're just doing the money
side of the equation, and they said they come back
to me. They haven't as yet, but I gave them
a number, and if I get the number, I'll give
the money to charity.
Speaker 26 (01:08:35):
And then right now, no amount of money, You're not
going on that show, no matter what.
Speaker 25 (01:08:42):
Give me a number, will you shout me and you
alternator at ripco.
Speaker 2 (01:08:45):
If I get the number I want from TV and Z,
I'll shout you an alternator and the charity of choice
will be very very grateful. And I also said, because
the boss here, and I don't think I'm giving anything away,
but the boss here said, can we negotiate to get
him out early? Because I was doing the Yeah, I
didn't want to take time off the show. Yeah, yeah,
they don't want me off there. So I said, he
(01:09:05):
was saying, can we can we negotiate get him off early?
You know, hit and run? And I said, I'm going in.
I'm going into win. I said, I'm not leaving the
island until I'm victorious.
Speaker 1 (01:09:14):
Oh my goodness, there's no way you're doing that.
Speaker 26 (01:09:16):
I just really, I just want to reassure your listeners
that there's no way you're selling your soul to do
trash reality television. It's not happening.
Speaker 25 (01:09:23):
It's not happening on my watch.
Speaker 24 (01:09:24):
It's not happening at all.
Speaker 2 (01:09:26):
Would I bring credibility to the Skyvers or the Snitches
or whatever that other programs called. What's it called?
Speaker 17 (01:09:30):
What are the traders?
Speaker 2 (01:09:31):
The Traders? Would I bring credibility to the sky Vers?
Speaker 17 (01:09:34):
What about the snitches?
Speaker 15 (01:09:35):
This?
Speaker 17 (01:09:35):
Why are we just pitching your platform?
Speaker 2 (01:09:37):
I don't know?
Speaker 17 (01:09:38):
Or the Skyvers? How about that?
Speaker 2 (01:09:39):
I just I'm just wondering if it's time for a
big Telly comeback?
Speaker 25 (01:09:43):
Yeah no, wait wait, just as free were, broadcast TV
is in decline or announcing a big Telly comeback, and.
Speaker 2 (01:09:52):
There's the headline for the listener. I'll give an exclusive
to the listener, Hoskin coming back to save TV.
Speaker 22 (01:09:56):
I don't think the listener would really be interested in you.
Speaker 20 (01:09:58):
I hate to say so.
Speaker 2 (01:10:00):
The listener is not interested to me, Television is not
interested in me. And all I'm here is I'm just
trying to help listen nice and nice?
Speaker 5 (01:10:08):
Okay?
Speaker 2 (01:10:08):
What am I going to do tonight with the Warriors?
Cadie nine thirty? You're well, I mean tomorrow, yeah, I
mean nine tomorrow night. I don't think you'll be able
to do it.
Speaker 26 (01:10:18):
I think it's too late but if you want to
stay up, I can't say what I'll be doing.
Speaker 2 (01:10:23):
What you'll be doing, which problem goes, But I don't
think you'll be See that's the sort of smutty one
liner i'd bring to Primetime, Telly. It'd work. I can
see the ratings now. Nice to see you guys.
Speaker 1 (01:10:39):
Make hosking breakfast where it's rainthrow fern us togs dead b.
Speaker 2 (01:10:43):
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for affordable health and well being each day of the year.
By the way, Posking, I'm leading the pole. There's another
one of these poles that the Herald insists on doing
on who would be the best for the I keep
forgetting the name of the show, the Traitors. I'm winning
the pole.
Speaker 23 (01:11:40):
I think if you end up hosting it, you should
change it to something that you can remember.
Speaker 2 (01:11:43):
Yeah, I probably will just first, first guy, whiteboard, first meeting. Guys,
thanks very much here, let's change the name of the show.
Should go well for me. So Mike Hosking winning hither
du plus c Ellen Cuming? Second?
Speaker 23 (01:11:56):
What's happened to Jeremy Wells? I thought he was caning you.
Speaker 2 (01:11:59):
A very distant third, I'd actually I think vote for
Heather just personally if I turn out to be too expensive.
And Anika Mower on six.
Speaker 1 (01:12:12):
News Opinion and everything in between. The Mic Hosking breakfast
with Bailey's real Estate all together better across residential, commercial
and rural newth Togs.
Speaker 2 (01:12:23):
Had been Mike Mason Plumbing gas for his heating, roofing,
drain layers started out in nineteen you've lost nineteen fourteen,
still going same family handed down over the years. Now,
that's I mean, well done, congratulations, that's fantastic. But I'm
talking about people you employ as opposed to just handing
it down through family members. People you employ who stay
with you for sustained periods of time, and that has
(01:12:45):
seen less and less. By the way, there's almost a
million more deaths and births in Japan last year, a
million more deaths than births. Steeve hastenual population declined since
they started taking records in sixty eight. Quiet emergency is
what Ashiba mind you Orsheba's got his own quite emergency,
hasn't he? A few followed Japanese politics, but a quite
emergency A million fewer people in Japan, mayoral. We got
one hundred and twenty million of them. So twenty three
(01:13:07):
minutes away from.
Speaker 13 (01:13:08):
Nine international correspondence with ins and eye insurance, peace of
mind for New Zealand business.
Speaker 2 (01:13:15):
Murray Old, how are you?
Speaker 21 (01:13:17):
Yeah, very good morning, Mike, pretty well this week, thank you.
Speaker 2 (01:13:19):
They have been building up to this for weeks now.
We had a thing called the I can't just as
I said, I can't even remember the knowledge economy. That's
what we called it, the knowledge economy. And this was
a government came in. It was Jenny Shipley and she
was going, well, it's the knowledge economy. We'll all gather
around in a room and wowow anyway as usually. And
yet here we are all these years later, and Elbow
still thinks of getting around around a table with unions
(01:13:41):
and stuff is a good idea, does he?
Speaker 21 (01:13:43):
Well, he does, yes, And I guess, you know, no
surprise that label would do this. Really, you look back
when Bob Hawk came in the first thing he did
was convene a business union round table. The accord came
out of that famous the famous accord, and of course
he and Paul Keating went on to I suppose in
a way revolutionize the Australian economy. So if that worked,
(01:14:07):
then albanize Ea, no surprise, really, I don't think that
he would seek to do it again. And why not
get a bunch of you know, business people, unions, the
non government sector as well, you know, the welfare sector
and so on in a room and say listen, what
is the way forward? But the thing is Mike. He's
already ruled out. Then is to lift the GSD, raise
(01:14:33):
the goods and services tax to fifteen percent from ten percent,
include things like I don't know, fresh food, education, health,
childcare services, and the like, put it all in the
big GST basket, and then compensate those at the bottom
end of the economic pile over here who will be
adversely impacted. One economist has done the sums. It's worth
(01:14:54):
in the order of almost one hundred billion dollars in
additional tax revenue by the time the government compensates people.
That would take out about seventy five billion dollars, So
the government would have an extra twenty five billion dollars
to play with every year. But albans he seems chicken.
He's like Taco. He's like Trump. Always chickens out. Alba
always chickens out. He's too frightened to even whisper. Let's
(01:15:17):
increase taxes a bit. There's going to be tax reform.
You can't keep relying on personal income tax raise money
to run the country.
Speaker 2 (01:15:25):
We got we've got the same problem. Of course, having
said that, he's hit it our way. He's very lucky because,
of course the prime Minister can host him anywhere here,
but he's doing it in Queenstown, which is the pick
of the bunch. And the forecast, by the way, if
you see him before he leaves is fine and seven degrees,
so he'll need a code.
Speaker 21 (01:15:43):
He'll have some window. Woolli's on mate.
Speaker 20 (01:15:45):
No, that's no doubt about that.
Speaker 2 (01:15:47):
The other thing is he's got several planes. Because Luxe
and Luxeon and I talk about his planes quite often.
He's got several planes at his disposal and flying into Queenstows.
And I'm sure you know you can't. I don't think
he can bring one of the big planes. I think
he's going to have to bring one of the little
ones to to get it in on the runway.
Speaker 21 (01:16:02):
Well I thought you were going to lend him yours.
Speaker 2 (01:16:05):
Well, no, because one's too big. That's the point.
Speaker 21 (01:16:07):
Oh you're stooped, all right, I see yeah.
Speaker 2 (01:16:11):
I'm airfield limited Murray. It's like, you know what, very
good now, Gareth Ward. I just can't understand. I mean,
first of all, what a weirdo. And he's in jail.
But once I would have thought that was enough for
an individual just just go away and leave us all alone.
But the guards had to go to court.
Speaker 21 (01:16:30):
This is a man forty four years old. He's an
independent MP in the New South Wales Parliament, convicted last
month of pretty horrendous sex crimes involving two young men.
One he was a cute. He was convicted of rape
involving two young men. So he's in jail and waiting sentence.
But he's also facing expulsion from the New South Wales Parliament.
(01:16:52):
And he went to the Supreme Court this week saying
you have to stay that because my appeal is still upcoming.
He's going to appeal his conviction, but the state government
says that's not good enough. The government under the constitution
is not allowed to punish Ward, but it can seek
to have him expelled as an MP because he's offending
the dignity of the house is the way it's phrased.
(01:17:14):
And this guy is a fed nick and grub. He's
been convicted of these dreadful crimes. He's not entitled to
be an MP. The people of kayama Is electorate don't
want him there either one or two. You wait for
the appeal, but look it's a grubby, grubby mess. And
today because they went to the Court of appeal late yesterday,
the government seeking to because Gareth Ward went to the
(01:17:36):
Supreme Court earlier this week. The Supreme Court said, yes,
we uphold your right to stay in jail, but also
stay as an MP until the appeal process is exhausted.
The government said that's not good enough, went to the
highest court in the state last night and yes he
will now face expulsion this morning. Half past ten this
morning is at the motion will be moved in Parliament
(01:17:57):
and he will be an ex MP. Is just disgraceful.
And this hasn't happened since nineteen sixty nine.
Speaker 2 (01:18:04):
No, no, should it have. Hey, the public broadcaster here
and this way. I raised this because I thought it
was interesting. The big headline yesterday. This is the sort
of condescending nonsense that comes out of the public broadcaster
in this country. Still throwing shrimp on the barbie, says
the headline, Still throwing shrimp on the barbie. Why is
Tourism Australia's advertising stuck in nineteen eighty four? And yet
(01:18:24):
the irony of that was I'd read a couple of
articles earlier on in the week about just how fantastically
successful your advertising campaign had been, and you are expecting
this euro record ten million visitors spending a record amount
of fifty three billion dollars. So good on you.
Speaker 21 (01:18:42):
It is not broke, don't bother fixing it. I mean
they've got you know, Steve Irwin died tragically died. His
son was only a very young little boy. Then he's
grown up to be the mirror image of Dad, perhaps
even a better salesman than his famous father. And young
Bob Irwin now is taking the advertising campaign to North America,
to Europe, and he is perhaps not as well known
(01:19:06):
as Dad yet but certainly on the way. And it
is a fabulous campaign. I mean, if you've got it,
why not flaunted? I mean if you were in Lapland
and you said kangaroo people up in Lapland, you know,
mushing their huskies.
Speaker 20 (01:19:23):
And whatever they do up there.
Speaker 21 (01:19:24):
They know about Australia, that know the kangaroos in Australia.
Here he is even shrimps around. Will bloody got on it?
Speaker 2 (01:19:30):
Exactly? Couldn't agree more this. I did see the interview
yesterday and the woman has seen roverbulls. She was on
Sky Television. But who came up with the idea that
you give somebody's music two big tech so they can
use it for AI. I mean, so it's not even
yours to give away in the first place, So you
just think you give it away from front. I mean,
what idiot came up with that?
Speaker 21 (01:19:48):
No idea? But you know you're talking here about Google.
You know, these massive global players Google, Meta, Microsoft, Amazon,
they want to I mean, the world is moving towards
artificial intelligence, right, But apparently I'm an absolute novice inness.
But the way I read it, AI has to be trained.
(01:20:08):
And how do you train it, Well, you feed it information.
You feed it perhaps music, or you feed it written material.
It could be a book, it could be some journalism,
it could be it's got to be fed stuff. It
then trains itself up and it then can present it
back to us. Well, Peter Garrett, for example, Midnight On
and he says, hands off my bloody music. I'm not
going to give Google, an Amazon and all these other
(01:20:29):
big players access to my music free of charge. I mean,
some bright spark in the federal government said, well, it's
a good idea, and let's just give it away. No thanks, absolutely,
no thanks. It's not yours to give away, as you
just so correctly point out it's ridiculous.
Speaker 2 (01:20:43):
Well you know all right, mate, you have a good weekend.
Nice to talk to you as always, Murray Olds across
the Tasman for you are a forty five.
Speaker 1 (01:20:50):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at BE.
Speaker 2 (01:20:57):
I know that just before I leave Australia. You know
how they have that ten cent thing when you return
a bottle or a can whatever, you get ten cents
to baconscry has been going for years. They now want
twenty cents, so they're saying ten cents doesn't do it,
and that's your slippery slow problem. You start off with five,
you go to ten. Next thing, you know you want
fifteen dollars a bottle too, and it doesn't work. Newspapers
still dying. News Corp ow top daily Australian tabloids lost
(01:21:18):
subscribers across the financial year. Herald's Sun career mail advertiser.
The Australian is the only paper to have actually grown,
which is interesting because news Corp launched the California Post.
This is in Los Angeles, so a newspaper. You're thinking,
are newspapers dying? Why would you launch a new newspaper,
so they would know more about newspapers than I do.
But nevertheless, Herald's son large estate based tabloid a losing
(01:21:41):
one percent of its customers, dropping to one hundred and
fifty three thousand paying subscribers. The Advertiser lost two percent
of the customers, dropping to one hundred and six Career
Mail down one to one hundred and forty four thousand.
Australian does grow three hundred and thirty five thousand subscribers,
up four percent. Daily Telegraph only major tabloid to grow.
That's up nearly five percent. Maybe that's trend on newspapers.
(01:22:02):
Maybe it's the tabloid. Maybe if you want to be
a newspaper, you've got to have weird stories. Daily Mail
does that quite well. So I don't know whether they're
successful or not, but the Daily Telegraph has grown five
percent to one hundred and fifty one thousand subscribers. Mike,
I work for a company of five hundred and this
doesn't surprise me. Actually, a lot of large companies go
to wear in New Zealand. He's still got some real
long terms in the place, like Air New Zealand. I
work for a company of around five hundred. We've got
(01:22:25):
numerous people who have been here over forty years and
here for over twenty twenty five years, including myself. Bloody
good company culture, privately owned and gets you know what
done without the BS attitude. Mike, We got a painting
business started in nineteen seventy five, had a worker with
us from eighty till ninety six. He went coal mining
till solid energy folded twenty thirteen, came back to work
(01:22:46):
for us. Still here, Mike, Gary Kay waitomo as in
petrol forty nine years driving the fuel tanker. So you're
still around, which is nice, isn't it? Ten to nine The.
Speaker 1 (01:22:55):
Mike Hosking Breakfast with Bailey's real Estate Newstalgs.
Speaker 2 (01:22:59):
De'd be like our engineering business Hawks Bay. He's been
around fifty four years. Our factory manager just retired forty
seven years. Started as the first apprentice for the founder,
has trained over thirty apprentices since then. Fantastic thing is
that one of them is now taking on his role.
He's been a crucial part of the business till the
very last year. That's the sort of thing, at the
risk of sounding a bit old and nostalgic, there's something
(01:23:20):
in that there's a magic and if you missed it
earlier on, I mentioned a couple of businesses that you
just don't see it much could be me in the media. Actually,
the media chains about like dollar bills these days, which
is unfortunate. But I'm glad to see there are still
companies that, you know, retaining people and retaining talent, and
looking after talent and having people wanting to stay in
your business for a sustained period of time. The value
(01:23:41):
of it, you can't put a value on that as
far as I can work out. Greg Our greg as
in Smith, as in Devon in the Herald, if you
missed it yesterday, he's written a nice I mean, if
you're deeply in the weeds, it's nothing you don't know,
but he's summarized it nicely. The tariffs are all the
fifteen percent. How does it affect us? He goes through
(01:24:03):
the various massinations. He talks about the beef, talks about
the lamb, talks about the wine, the kiwi fruit, et cetera.
Whether we can sell through, whether we can shift. I mean,
one of the interesting thing he makes see the money
was sending him beef to America is amazing, But because
it's so amazing. It's too big to shift. If you
have just a little business tapping into California and you're
selling I don't know, he sell Tabasco sauce and you
(01:24:25):
have sold four bottles, you go out, bug of the Americans.
I go sell it somewhere else. But when you're talking
about a billion dollars worth of beef, you can't just
shift that out. So you kind of stuck with America
at the moment. So you sell through well hope whatever. Anyway,
So he's got a very nice article in the Herald
there how US tariff hikes could reshape New Zealand's economic landscape.
And I got a lot of time for Greg. And
(01:24:45):
he's argued for that fifty points. Hasn't he go back?
He's argued for the fifty points from the cash rate
from the RB. And he was right then and he's
right now. And you notice Andrew Kellicher came to the
party this morning and said neutrals at two point five.
Heh we need to be running the RB five minutes
away from nine.
Speaker 1 (01:25:03):
Trending now with chemist Wells great savings every day, But I.
Speaker 2 (01:25:08):
Don't have time because I'm on tresha rider. We've been
talking about longevity and all that stuff. So cars. Someone
who's just ticked over one point two million k's in
his car. He's got an eighty five Tersail, which is
a Toyota, hideously ugly bronze station wagon. Speedos only go
up to a million. Andy Campbell's from Nova Scotia, Nova Scotia.
(01:25:31):
He's the owner and he's the driver. Why do you
say owner and driver? I mean, how many people who
own cars aren't the driver. I own a car, but
I've never driven.
Speaker 23 (01:25:39):
I just impressive that he's driven all those caves.
Speaker 2 (01:25:41):
Oh you mean the driver for the complete number of caves.
He's got the photos to prove it.
Speaker 12 (01:25:46):
There's one of all of the nine and the zero's
right see one point six kilometer.
Speaker 10 (01:25:54):
Brand new carve Man one kilometer on its right.
Speaker 2 (01:25:57):
So I am looking for the next million, but I
don't know I'm going to live long enough. It depends
how much you drive, of course, doesn't it. He doesn't
describe himself as a car guy. I think he gave
himself a white The fact you've got a tursal means fight.
It's very nature. You're not a car guy. He's got
a second car remembering his first one's the eighty five Tursil.
(01:26:18):
His second car is the eighty six Tusle. One point
two ks is enough to get you to the moon
and back and back. So that's a lot. That's a lot.
That's a lot of case. Imagine the rucks do you reckon?
You paid in rucks?
Speaker 23 (01:26:40):
I don't know how much is it weigh?
Speaker 5 (01:26:41):
We're all.
Speaker 2 (01:26:43):
It's the weight and it's the miles, isn't it.
Speaker 21 (01:26:45):
Now?
Speaker 2 (01:26:45):
Listen, we got the Warriors tomorrow night against the dog Ass.
I'm sort of a bit anxious about it. I've got
to be honest, I'm a little bit anxious about it.
But you know, you want to keep the faith obviously,
But we'll see how that goes for us. We'll look
forward to your company on Monday and get back into
it for another week. From six says a works Happy Days.
Speaker 1 (01:27:12):
For more from the Mic Asking Breakfast, listen live to
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