Full Show Podcast: 09 April 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
New Zealand's voice of reason is Mike the mic Hosking
Breakfast with Bailey's Real Estate, your local experts across residential,
commercial and rural news togs Head been bully.

Speaker 2 (00:11):
And welcome today the Reserve bankers back to the cash
right cat in the world of tumults and good news
from universities. Got good news on house building, bad news
on organized crime, good news on super Rugby, Mark and
Jenny Politics Wednesday, Richard Arnold, Steve Price in there as well,
Pasky Little of the week. Let's get into it seven
past six. I mean, isn't it a lesson in life?
What seems a little bit tricky appears now in the

(00:31):
rearview mirror an absolute breeze. What were we dealing with
for today's Reserve Bank cash right call? A well one
broad agreement that we would have another twenty five points today,
followed by another twenty five points in May. We knew
this because the bank told us this too. There was
a level of back and forward over the so called recovery.
Little bit of good news here read the manufacturing back
and positive some bad news there read the spending in

(00:53):
the services sector is still treading water. We had the
GDP out of Q four, good healthy number. Inflation was sorted,
although some price pressure is still about the place, and
that Council rates insurance cost issue that you know, so
called non tradeable that was still not where we wanted it.
But broadly it all seem reasonably clear. Then came Trump
and tariffs and the world got tipped upside down. So

(01:15):
what do the RB do today? Ah, well, in Australia
than our expecting four cuts. Are the tariffs inflationary? Yes
they are, so we need to tame it, don't we.
So that means cuts are off, doesn't it. But do
the tariff slow the economy down?

Speaker 3 (01:26):
Oh?

Speaker 2 (01:27):
Yes they do, So that's rate cuts and more rate
cuts we need to stimulate. But what outweighs? What does
inflation trump recession? And by how much?

Speaker 4 (01:35):
And when?

Speaker 2 (01:35):
Who knows? Can New Zealand work our way through tariffs
with less impact? In other words, we sell quality more
than quantity. Equality is somewhat terriff proof, so we can
carry on the way we work, but we sell to
other countries that might be more affected. Therefore they slow down.
They can't buy our stuff after all, So are we
more affected? Further question given this is in the Reserve
Bank terms, breaking news and other words, it's only just

(01:58):
happened and because of that, no one knows what the
hell is next. How do you make a call around
all of this? How much of the past few days
is in today's decision? Final question? How pleased does Adrian
to be? The hell out of there? And on holiday? Actually?
Final final question? Where is Adrian? And do you ever
get an explanation for as Tanty and his exit? Anyway?
Newfill and governor today, same old monetary committee and the

(02:20):
future of our fragile recovery at stake? What could possibly
go wrong?

Speaker 5 (02:26):
News of the world in ninety seconds.

Speaker 2 (02:28):
Looks like the markets have found some sort of flaw
up for now. Anyways, we see broadly green numbers this morning,
but that's that has not addressed the what is next
bit For places like Britain, which is where Sir Quilla
comes in.

Speaker 6 (02:39):
I don't think that they are good for our economy
or for economists around the world, and my instinct is
that we shouldn't jump in with both feature retaliate, So
in that sense I'm not changing my plans now.

Speaker 2 (02:55):
He was in front of the Select Committee as Mate
Rachel was in the commons.

Speaker 7 (02:58):
This is an anxious time for families who are worried
about the cost of living. We have your backs, and
British businesses who are worried about what a changing world
will mean for them, we have your backs too.

Speaker 2 (03:12):
Meantime, the Trump team of finding the sand pit a
little bit crowded as Musk and Navarro go at it.

Speaker 8 (03:17):
Navarro said about Musk that he was not a car manufacturer,
a car assembler.

Speaker 9 (03:23):
No.

Speaker 8 (03:23):
Musk's response to that has been to say if Peter Navarro,
he's a moron who is dumber than a sack of bricks.

Speaker 2 (03:32):
Ah. And they're worry about Terriff's in London and in
Birmingham though they've got other problems. The reds are as
big as cat and the booms are still not empty.

Speaker 10 (03:38):
So I understand how difficult this is for the people
in the city. This is why we're very keen to
get a resolution to the dispute, and also why are
we're taking the continuency mentions that we are as well
to ensure that we're providing support to the people.

Speaker 3 (03:51):
And it's very difficult circumstance.

Speaker 2 (03:52):
Royal News harries Beck and Court moaning about his lack
of security.

Speaker 11 (03:56):
In his submission, it means that he has been single
out for different unjustified an inferior treatment.

Speaker 2 (04:05):
And as he does, then his dad and step Mumer
seeing the sites of Rome.

Speaker 12 (04:08):
While the tourists here the Colosseum probably got a bit
more of a show than they expected. Today you can
still just about here the Welsh Guards and the Sassari
Brigade bands who have been playing right inside the Colisseum
to welcome the King and Queen.

Speaker 2 (04:22):
Finally, scientists claim to have found the Garden of Eden.
The main bloke is a computer scientist called Constantine. Anyways,
been looking at old maps and diagrams for the years,
and he believes the Bible talking about the river that
the garden of Edens near is actually referring to the mile,
so the gardens in Egypt. He also sees the Great
Pyramid of Giezer is in fact built on top of
where the Tree of Eternal Life is, so that will
be part of that big city that's underground that everyone's

(04:44):
interested in. All that could be complete and out of crap.

Speaker 8 (04:47):
That is the news of the world in.

Speaker 2 (04:49):
Nineteenth South Korea. By the way, they've I kepped you
up with South Korea. No one has kipped you up
with South Korea the way I have the impeached president.
They need to do something about that once they impeach,
so they need an election, a presidential election. Well I
have that for you. They've set the date overnight for
June three, So hopefully that's sorted once and for all.
Twelve past six, The.

Speaker 1 (05:11):
Mic Asking Breakfast Full Show podcast on iHeartRadio powered by
News Talk.

Speaker 2 (05:16):
Zeb opening debate last night Albanezi Dunton. Many people called
it a draw. A couple of people called it a
win for elbow. Most people call it boring. More shortly
fifteen past six, Jay am My Wealth Andrew callaher Good morning. Yeah, Moni, Mike,
is this stuff still live given I'm assuming some of
it was collected pre Liberation Day.

Speaker 13 (05:38):
Yeah, you're talking about the ANXIQSBO. Well look just just quickly,
I mean, there's global fallout from the Trump tariff announcement
that's going to dominate financial hedal some time to come.
And just noting that we're only a few months into
a four year term, remember so, but we did have,
yes yesterday an important domestic survey.

Speaker 14 (05:58):
Release so QSBO.

Speaker 13 (06:00):
Now we know the RBNZ looked closely at the outputs
from this report. So it is reasonably important that there
is this caveat, as you say, and we're going to
have to use this caveat a lot over the coming weeks.

Speaker 14 (06:11):
Micah.

Speaker 13 (06:12):
Anything that was any data or any survey that was
collected before Liberation Day could quite possibly be out of date.

Speaker 14 (06:20):
I mean, because sentiment in.

Speaker 13 (06:21):
Particular could have taken a bit of a hit. But
what did we learn from the QSBO Well, headline business
confidence has lifted, with a net twenty three percent now
expecting general economic conditions to improve over the coming months,
and that's up from a net nine percent the previous quarter.
Forward but that that's forward looking, mic when you look

(06:42):
at actual runs on the board in gosh, how many
times have.

Speaker 14 (06:45):
We said this?

Speaker 13 (06:45):
At actual activity, a measure of firm's own trading activity
suggests weak demands. So we're seeing this difference between the
here and now and the forward looking explanation expectations. So
a net twenty one percent reported a decne in the
activity in their own business in the March quarter, so
that's still we're just still not seeing this come through yet.

(07:07):
There's also some caution around hiring, an investment that was
evident in the report. Also some evidence in the survey
of cost pressures. Now a net eight percent of firms
reported increasing their selling prices over the past three months,
So they're seeing those cost pressures. But that eight percent,
that's very low by historical comparisons, so suggest there is

(07:28):
little evidence of cost pressures being passed through. So from
an inflationary point of view, the survey seems pretty denied,
pretty benign. Now, the arbiens that are on the line
today their cashureate review. There is no monthary policy statement,
it's just official cash rate, and just looking at the
cash rate doesn't seem like there is anything to stand
in the way of twenty five basis point reduction, and

(07:50):
in the absence of a new governor, in the fact
that they clearly signal twenty five basis points, I think
they'll just rub a stamp that call.

Speaker 2 (07:56):
Today okay, very good. Indeed, So what do we make
of what happened yesterday? Bits of Asia is still a
bit problematic, But we recovered dead cat bounce. What do
we got?

Speaker 14 (08:03):
Yeah?

Speaker 13 (08:04):
Well, I hate using the term dead cat bounce because
I'm sure there's a whole lot of you know pet
lovers out there that don't like it, but that is
actually kind of what we've seen. What we have seen
those the last twenty four hours might have been calmer,
so a little bit more settled across our time zone. Yesterday,
the INSIDEX gained just one hundred one percent. The AUSSI
market bounced two point three percent, so that's a reasonable bounce.

Speaker 14 (08:24):
That trend continued.

Speaker 13 (08:25):
Through Asia as well, so nick a six percent, but
it was down what eight percent the previous day. Hong
Kong Shanghai markets though a less enthusiastic bounce. Shang Ho
com'st up one point six percent. They hang seeing up
one and a half. But this volatility has continued over night, miake.
And actually when the US markets opened up, they had
a real spring in their stab, the S and P
five pounds a year, it was up four percent. But

(08:47):
as we've watched trading unfold, that rally has sort of faded,
although it's still up, but it's only up. Well, it
depends on what minutes you look at it. But let's
call it half a percent, shall we. Val Jones was
the same. It also opened up with a good bounds,
but now it's about that half a percent gain.

Speaker 14 (09:03):
Interest rates have been interesting, Mike. In the last twenty
four hours.

Speaker 13 (09:05):
Wholesale interest rates have done this massive sort of reversal.
The US long bond fell to three point nine to
oh it's now back at four point two to three.

Speaker 14 (09:15):
So a lot of volatility there.

Speaker 13 (09:17):
Our rates have done the full circuit to our tenure.
Government bond fell to four point three four, but that
interest rate yesterday shot back up.

Speaker 14 (09:26):
To four point five four.

Speaker 13 (09:28):
And I just want to make one comment though, mate,
because amidst all this tariff kerfuffle is the only thing
we can talk about. We have lost sight of some announcements,
that defense announcement yesterday, and we haven't talked about this.
So putting the actual defense spending to one side, there's
nine billion dollars of new spending in their mic.

Speaker 14 (09:46):
You know, where can we afford that? Where's that money
coming to?

Speaker 2 (09:48):
These questions? These are questions and it's all to be
revealed allegedly.

Speaker 14 (09:53):
In the budget.

Speaker 2 (09:53):
So exactly, I just have to wait a exactly what
are the numbers?

Speaker 13 (09:57):
Okay, So for the record, Yeah, the Dow jones thirty
eight thousand, let's call it thirty eight thousand, two hundred
and twenty. That's up two thirsy percent, the S and
P five hundred up let's call it point four percent
five oh eight one, and the Nasdaq up point two
percent fifteen thousand, six hundred and thirty six. Yeah, quite
a strong rally in Europe. Last say, in the forty
one hundred up two point seven percent, so seven nine

(10:20):
one oh the mark there the Nickay, as I said,
was up six percent, so thirty three thy twelve Shanghai
composite three one four five.

Speaker 14 (10:28):
The Ossie the A six two hundred closed at seven.

Speaker 13 (10:30):
Five oh nine, as I said, two point three percent game,
and we closed at eleven thousand, eight hundred and ninety
one currencies. Might we're point five five five six against
the US. I just want to say that's probably the
weakest bar the GFC.

Speaker 14 (10:45):
That's the weakest we've seen the Kiwi.

Speaker 13 (10:46):
In probably twenty years Ossie point ninety nine one against
the against the Kiwi, but against the US, they're now
at levels we haven't seen in probably, you know.

Speaker 14 (10:55):
Fifty years.

Speaker 13 (10:56):
Bar you know a few episodes against the euro point
five to eight point four to three, four to six
against the pound eighty one point four Our Japanese end
Gold twenty nine hundred and eighty five dollars, and Brentkrut
has weakened again sixty three dollars and forty four cents.

Speaker 2 (11:10):
Right mate, go well, Andrew Kelleher joemowealth dot co dot
m Z once again. I don't know whether this is
a liberation day, but to Manhattan's real estate market is
back big time, best first quarter in six years. Total
value of apartments sold almost six billion. That's US, so
make it about eleven billion New Zealand dollars, which is
up fifty six percent since the same time last year.

(11:30):
It's all high end luxury stuff twenty five hundred and
sixty sales in the quarter, which is up from nineteen
hundred and eighty eight. So someone's got money and they're
spending it on real estate. Six twenty one, He read
News Talks.

Speaker 4 (11:41):
Will Be.

Speaker 1 (11:44):
Good, the My Hosking Breakfast Full Show podcast on iHeartRadio
powered by News Talks A B Well.

Speaker 2 (11:53):
Ratings are in for the final episode of White Lotus
for HBO six point two million. Is that good? It's
very good. It's a thirty percent increase on the previous
record six point two millions, a record thirty percent increase
on the previous record. What was the previous record four
point eight and that was the week before, So they're
sitting record after record and the finale this week of

(12:13):
six point two million is fifty percent bigger fifty than
season two. So for all the people who said it
wasn't as good as it used to be wrong, at
least you watched it six twenty.

Speaker 1 (12:23):
Five trending now with chemist Well's keeping Kiwi's healthy all.

Speaker 2 (12:29):
Year out on the telly. The first debate between Elberonesi
and Dunton last night, from my reading of reviews, didn't
actually miss a lot. They called each other a liar
a couple of times. Either was talk about bribes or
carrots that they're dangling the voter. Trump and Troists barely
got to mention, which is weird. There were three moments
that were considered key. Apparently the spending of the government.

Speaker 15 (12:46):
Are you the biggest spending government since Whitlam so forty years?
In forty years, there has not been a higher.

Speaker 14 (12:52):
Spending government than your government? Is that correct?

Speaker 16 (12:55):
Well, that's not true except for the one that you
were a part of and COVID.

Speaker 2 (13:00):
Of course, Dunton and nuclear energy plans.

Speaker 15 (13:04):
That is I think transformational for our economy, but a
course opposed by the Prime Well let's hear him.

Speaker 16 (13:08):
Well, the only gas policy that the Coalition have is
the gas lighting of the Australian public. He disagrees with
all of the experts which are out there, whether it's
the Australian Energy Market operator, everyone.

Speaker 14 (13:20):
Who looks at it.

Speaker 16 (13:21):
If the nuclear plan stacked up, the private sector would
invest in it.

Speaker 2 (13:26):
And Medicare and doctor's appointments.

Speaker 16 (13:28):
You just need your Medicare card, not your credit card,
because labor creative Medicare or strengthen Medicare.

Speaker 15 (13:35):
Do you have to use your just your Medicare card
or do you have to use your credit card as.

Speaker 6 (13:39):
Well, because most billing doesn't cover the full.

Speaker 7 (13:42):
Chance up to pay something.

Speaker 15 (13:45):
Thank you very much and I appreciate it because yours
is the story of literally hundreds of thousands, millions of Australians.

Speaker 2 (13:50):
Sky News, ABC nine News called it for Elberannezy. Sydney
Morning Hero called it a draw Sydney Morning Herald. If
you came for sawing rhetoric and a powerful vision of
US Tralia's future, you landed at the wrong address in
the form of a Democratic People's forum in Sydney's western suburbs.
It was prosaic. Neither leader landed much of a blow
on the other. The best you could say was they
were both solid and neither stuffed up. That was a draw.

(14:14):
As far as the people there were concerned, there were
one hundred undecided. They never undecided, pilot crap anyway, there
are a hundred people who had clearly nothing better to
do with their lives. Forty four said that vote for
Elbanezy thirty five said that vote for Dutton, which doesn't
tell us who they were voting for before because they
were lying when they said they're undecided. So we all
know how that game works. So after eight thirty Steve Price,
who would have been part of that. Of course he

(14:35):
is with us on the program and in a moment, houses,
we've got some good news. If you've ever thought about
building allegedly, there's never been a better time to do so.
Crunch through a few numbers for you in a moment. Meantime,
the news is next hered news talk, said.

Speaker 1 (14:55):
Mike cosgame been safeld with them gagging and Vidal Mike
Hosking Breakfast with Alvida retirement communities, life, your way, youth
talks dead be.

Speaker 2 (15:06):
When we come to this morning, the Dow was up
about twelve hundred points. We're thinking, oh, if things are
recovering slightly, it's now down thirty five, so it's still
on a wild wild ride. Meantime, in the White House,
Navarro calls Elon Musk akar assembler. Musk calls Navarro a
moron and is dumber than a sack of bricks, which
brings in the evangelical Carolyn Levitt, who has to explain

(15:29):
how old this works.

Speaker 17 (15:30):
Boys will be boys, and we will let their public
sparring continue. And you guys should all be very grateful
that we have the most transparent administration in history. And
I think it also speaks to the President's willingness to
hear from all sides that he has people at the
highest levels of dis government in this White House who
have very diverse opinions on very diverse issues. But the

(15:50):
President takes all opinions in mind, and then he makes
the best decision based on the best interests of the
American public.

Speaker 18 (15:57):
I love it.

Speaker 2 (15:59):
You couldn't find me in to weis spend that chip
twenty two minutes away from seven. Richard Arnold more on
that in just a couple of Minmes's got some very
encouraging numbers around the cost of building a home. So
call Logic's latest construction cost in Dick shows us the
price to build as the lowest it's been since twenty twelve.
So it's this good generation homes bost Craig Harrison's with us,
Craig morning, Good morning mate. So it's not going back down,

(16:21):
it's moderation at an elevated levels. People sort of settled
with the number and feel good about building, or we've
still got some way to go.

Speaker 19 (16:29):
We've still got a bit of a way to go.
I mean, our biggest competition is obviously the existing market
and that you know, you've got a very high level there.
It's about thirty three thousand houses up for sale in
that space, and there's quite a few of the public
that sort of have that I want it and I
want it now mentality, So that doesn't quite fit into
what we do. But as far as building a house
right now, it is at the perfect time.

Speaker 2 (16:50):
How much do you deal with the individual like, you know,
the mum and dad investor or the first time buyer
versus a developer, and you build up fifty seven of them,
then you flick them off.

Speaker 19 (17:01):
Generation homes is more about where we deal with the
mar and PA run people who are looking to go
into a home, who are wanting to build something for themselves.
We're not a developer of big scale where we tend
to work individually with each individual person and give them
their dream.

Speaker 2 (17:17):
Really, what's your square meter? What's the square meter cost?
Roughly at the moment.

Speaker 19 (17:22):
Well, that's very hard to say because it depends on
what you're building. You can get anywhere around that sort
of you know, three to four thousand dollar mark is
going to get you a pretty reasonable home, and then
you can also spend seven to eight thousand dollars a
SCOO meter to give you a home. So it really
comes down to what you're building and yeah, sort of
the requirements that you're acquiring as a family to live in.

Speaker 2 (17:44):
Okay, do the message about it never being a better time?
Is this a long term thing? Do you think the
things that have been driving the inflation over the COVID
period and post that are settled for good?

Speaker 3 (17:56):
Yeah?

Speaker 19 (17:57):
I mean I sort of hollow to a couple of
things recently around why it's good to build. I mean,
obviously the interest rates have come down and new you
sort of spoke earlier around another drop in the oci rate.
So if you look at some of your rates there,
I mean a two year rate average has been six
point five one over the last of the twenty years,
and now it's down to four point ninet nine, So
good time to do that. The supply chain has indicated

(18:17):
some potential increases coming in quarter to and quarter three.
You've got banks has now started to sort of say hey,
we're back into the lending space and have dropped some
of their ratios to make it work. And then you've
also got obviously you're at the bottom of the market,
so you have that opportunity to get those capital games.

Speaker 2 (18:34):
So we had the business confidence survey yesterday. Where's your
business confidence at right now? And going forward your positive
or negatible neutral.

Speaker 19 (18:43):
Probably neutral for the next six months, and then looking
to be positive thereafter.

Speaker 2 (18:48):
Good stuff, Craig, appreciate your INSIGHTE Craig Harrison, who's the
Generation Home CEO, nineteen minutes away from seven pasking back
to the evangelical Carolyn at the White House. So they
have this new system whereby somebody from the media who
hasn't been in there before. Some fringe media groupie who's
never been able to go to the White House and
ask a question gets to ask a question. This one
tuned out to be quite good.

Speaker 17 (19:09):
Keep explain the White House's evolution from this is not
a negotiation on terroriffs too. Countries should pitch us and
start negotiations for sure.

Speaker 9 (19:19):
As the President said yesterday, Jasmine, both things can be
true at the same time, and it is a non
negotiable position that the United States has faced a national
security and economic crisis because of the unfair trade practices
by countries around the world. As for the President, I
have maintained this position.

Speaker 17 (19:35):
The entire administration has always said that President Trump is
willing to pick up the phone and talk.

Speaker 2 (19:40):
Both things can be true. In fact, if you close
your eyes and hum everything can be true if you
think hard enough. Mike Hamish Campbell Harris for being a
member of a church. Benjamin Doyle hardly touched. Come on.
So there's a bit of ankst around that text. As
you can tell. The Hamish Campbell thing if you know
that with it involves the church, a church you probably
never heard of. I don't I think he was arressed?

(20:00):
He was asked a couple of simple questions. He's a
publicly elected official. But more shortly eighteen to two.

Speaker 1 (20:06):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News.

Speaker 2 (20:11):
Talks, it be well, he might. We're backing ourselves and
building in christ Church, high quality home, high stud tile baths.
I'm sure you're not putting tiles in the bathroom. I'm
assuming him meaning a tiled bathroom, large quealer decking thirty
three hundred and eighty three, a square meet out there
you go, You're living the dream.

Speaker 20 (20:28):
Sixteen to two International Correspondence with ends an eye insurance,
peace of mind for New Zealand, business of an old.

Speaker 2 (20:34):
Make yesterday up and lead in Auckland for christ Church.
They thought there's nothing here for us, let's go to
christ Church. Found a beautiful place in ridclips So they're
living their dream as well. Now, Richard, how are you
you there?

Speaker 21 (20:46):
He is?

Speaker 2 (20:47):
My apologies, Richard Simon said. The tariffs, where are we at?

Speaker 22 (20:52):
Tariffs and markets?

Speaker 14 (20:53):
Yeah?

Speaker 22 (20:53):
You know it is obvious. During the madness of the
past twenty four hours, which saw the biggest windows swing
in the history of the Dow.

Speaker 4 (21:00):
Street.

Speaker 22 (21:00):
Investors are desperate for any sign of a break from
this tariff threat, even if fake news that Trump might
be considering an only day pause at the market like
a rocket. It's been up and down again today. Right
now it's down just a few points. As the Trump
team has been talking about negotiations with some countries.

Speaker 23 (21:15):
Sirs.

Speaker 24 (21:15):
Trump, virtually every country wants to negotiate. If I didn't
do what I did over the last couple of weeks,
you wouldn't have anybody wants to negotia.

Speaker 22 (21:25):
Yeah, so at least he's talking about that now. US
Treasury secretary has got better and there's some seventy countries
made contexts on this, and a couple of them are
also moving to have talks with the White House.

Speaker 25 (21:37):
We have.

Speaker 19 (21:38):
One of the themers officials coming in this week. The
Japanese are very eager to get over and I think
you're going to see a couple of big trading partners
in deals very well.

Speaker 22 (21:48):
Not China. They say they will not be bullied in
the White House says the so called reciprocal tariffs will
take effect from midnight here, including an additional fifty percent
on goods from China. At a briefing a short time ago,
Trump's press person said the presents would like to see
iPhones made in the United States. You know, Apple has
lost about twenty percent of its value in the last

(22:11):
three days and says it is now planning to supply
more iPhones from India, not China. So none of this
is settled. Higher prices could be felt here within days
on cars, on food, and other items, so this is
really starting to bite. As for iPhones, they're saying that
the prospect of talking about iPhones being made in the

(22:31):
United States is absurd because it would cost in many
thousands of dollars, is the estimate. None of this, obviously
is settled. Meantime, Elon Musk, as you've been hearing a
split with Trump on tariffs, with the White House now
saying quote, boys will be boys, and so that's his
take on this. But Musk also posted the nineteen fifty

(22:52):
zero video of conservative economist Milton Friedman talking about the pencil. Yeah,
the humble pencil and how it could not be made
without free trade. Here is part of Musque's post.

Speaker 26 (23:01):
There's not a single person in the world who could
make this pencil. Remarkable statement not at all. The wood
from which it's made, for all I know, comes from
a tree that was cut down in the state of Washington.
To cut down that tree, it took a saw to
make the saw. It took steel to make the steal.
It took iron ore. This black center we call it lead,

(23:24):
but it's really graphight compressed graphite. I'm not sure where
it comes from, but I think it comes from some
mines in South America. This red top of here, the
eraser bit of rubber probably comes from Malaya, where the
rubber tree isn't even native. Who was imported from South
America by some businessmen who was the help of the
British government.

Speaker 22 (23:46):
So it's an interesting history. Musks is he wants zero
terrace with Europe.

Speaker 26 (23:50):
Effectively creating a free trade zone between Europe and North America.

Speaker 22 (23:55):
So what take Experts are welcome from everywhere to travel
to Silicon Feilio or to Elon Musk's cap plans, except
maybe not from Mexico. Mask also has split with Trump's
economic advisor Pete Navarro, as you've been hearing, calling him
a moron and dumber than a sack of bricks. This
after Navarro said Mosk is not a car manufacturer but
a car assembler. So yeah, sort of stuff that Trump
really enjoys.

Speaker 2 (24:14):
And then we've got RFK and the MAHA movement. Where
are we at with the measles?

Speaker 22 (24:19):
Yeah, markets down, measles up. The US is dealing with
the worst measles outbreak in decades, or because many people
are not getting their kids vaccinated. So in parts of
Texas where the anti vac sentiment are strong, we are
seeing hundreds of cases and measles. Now, two children have
died of it, including an unvaccinated eight year old girl.
There are more than six hundred cases in the US

(24:39):
so far this year, and they've spread into eighteen states.
Health Secretary Arak Junior, who are said in the past
that measles can be good for you if you get
over it. Well, this young girl did not get over it.
RFK traveled to Texas to attend a funeral and he
issued a statement where he reversed decades of his own remarks, saying, quote,
the most effective way to prevent the spread of measles

(25:00):
is quote the MMR vaccine end quote. Then, after leaving
that funeral, outer K Folston praising a Texas doctor is
called mass infections of meadles quote God's version of immunization.

Speaker 9 (25:12):
You know.

Speaker 22 (25:12):
In twenty nineteen, RFK went off to Samoa during their
measles outbreak, which led to fifty seven hundred cases and
eighty three deaths due to decreased vaccination race there, which
RFK had endorsed on that trip. The measles, by the way,
arrived in Samoa from New Zealand carried on a steamer
in eighteen ninety three, and over one thousand people died
at that time. Epidemiologist doctor Michael Miner says he is

(25:34):
terrified these US resurgence could be the start of another
measles Academic here his take on the situation.

Speaker 16 (25:41):
As we start to see a case in one community
start to spoke, it has its risking igniting Franklin a
nationwied outbreak.

Speaker 22 (25:50):
He notes that measles, as one of the most contagious
viruses known, can spread from one case to dozens of people,
causing not only a ration of fever, but also brain inflammation,
per disability, and death, as in this latest instance.

Speaker 2 (26:03):
One see you Friday. Richard Arnold stateside, I've got a
receipt in front of me from a place called Fabletics,
which is out of China, and so the order subtotal
five hundred and sixty four dollars sixty you take off
one hundred and seventy five dollars for your total VIP
savings and you get a discount of twenty one ninety eight.
Shipping is free, so that's encouraging. But now we've got

(26:24):
a new addition to the bill. It's called a tariff surcharge,
and the tariff'sur charge on this particular receipt is forty
four dollars and nine cent bring the total order to
four hundred and eleven dollars seventy one. So it's real,
it's arrived, it's happening in nine to seven.

Speaker 1 (26:37):
The Mike Hosking Breakfast with a Vita Retirement Communities news
togs had been.

Speaker 2 (26:42):
So amidst the unanswerable questions around tariff's. Of course, people
did want to know about some of the pool. I
was watching an interview yesterday. Los Soto has virtually no
trade with America, and the reason they have no trade
with America is they're all poor. They earned three dollars
on average per person per day, so they can't afford
anything from America. But they're still been whacked with tariffs.
How does that work? What about the ping? How con
the penguin's got weik with tars? And what about madagesca well.

Speaker 17 (27:03):
The reciprocal tariff rates that were implemented by country. We're
focused on the monetary tariff that those countries have imposed
on the United States, but also the non monetary tariff
barriers and the regulations, if you will, that have been
put into effect over the years making it harder for
America to export to these countries. These were very carefully
crafted numbers. There was also a ten percent baseline tariff

(27:25):
across the board as well as you know, moving forward,
the President will talk to any country that picks up
the phone to call, and I can tell you the
phones have been ringing off the hook.

Speaker 2 (27:35):
SHEII generated five minutes away from seven holl the ins
and the outs.

Speaker 1 (27:41):
It's the fizz with business tiber take your business productivity
to the mixed level.

Speaker 2 (27:46):
Related matter is the oil plunge. At the moment they
reckon it's going to be short lived. You got a
bunch of oil Exix currently meeting at a symposium in Toronto.
So they think this is a shock reaction as opposed
to a supply demand ongoing issue. Mind you, that may
well change of the economy's tank. Of course, Chief Executive
didn't play oil. It's dropped on fear, a fear of recession,

(28:07):
and nothing else. So currently West Texas Intermediate low sixties
down fifteen percent, Brent sixty four. The CEOs of all
the big companies say this will go back up if
it doesn't immediately. Trump can claim, of course, that oil
so low, it's incredibly low. I can't believe how low
it is, you know how he does. So anyway, we'll
see where that goes at the moment. But I mean,

(28:29):
once you hit recession, of the fear of recession becomes
real recession, then oil does go down, doesn't it. By
the way, the only wind Trump's got in the last
twenty four hours, as far as I can work out,
as the Supreme Court, the seventeen ninety eight Alien Act
that he's quoting at the court over the el sell
the door business. All these people he's rounded up, he's
runded U one hundred and thirty seven of them so
far and deported them under the Alien Enemies Act that

(28:52):
was passed as part of a series of laws back
in seventeen ninety eight when the US believed it would
enter a war with France, they went to the court.
Everyone's gone, wait a minute, you can't enact that, and
the Supreme Court for now has said, yes you can.
So that's a win. But they also said that you've
got to test it. So in other words, you begin
to round somebody up, you can't just put them on

(29:14):
a plane. They have to be allowed to go to
court to defend themselves. So that's a little bit of
plant the ointment, but overall they're claiming it as a victory.
Come back to this Hamish Campbell thing harassed as a
member of the church and the Benjamin Doyle angst around
the place. But we'll also look at the Reserve Bank.
They're out today twenty five points. Everyone seems to agree,

(29:35):
but where do we go from there? That's the big question.
Sharon Zola, chief economist of the Gay and Z is
back on the program right after the news, which.

Speaker 5 (29:42):
Is mixed news, opinion and everything in between.

Speaker 1 (29:46):
The Mic Hosking Breakfast with the range Rover Villa designed
to intrigue and use Togsdad be.

Speaker 2 (29:52):
Only seven past seven, so before last week, the Reserve
Bank story seemed fairly straightforward, didn't it. Twenty five points
to day another twenty five next meeting were largely done
inflation in the box. Welcome to the new normal. Obviously
the world has since been tipped on its head. So
how does that play out today? Aine's the chief economist,
Sharon's on the back? Will this Sharon?

Speaker 21 (30:08):
Good morning, Good morning?

Speaker 2 (30:10):
Are we all aligned around twenty five today?

Speaker 27 (30:13):
Yes, that is certainly the case. But obviously the risk
that they do something else has rythen, given all the
kerfuffle in the last week. So if they were to surprise,
then a fifty point cup would be likelier than a pause.
But there is a general agreement that the senseful thing
to do at the moment is just sick to the
plan and keep a watching brief.

Speaker 2 (30:34):
How breaking news is the committee? I mean, how much
of what has happened in the last handful of days
will color what they're doing?

Speaker 27 (30:42):
Well, it certainly colors the risks, but it's too soon
for them to actually put it into their forecasts. It's
very unclear how this is all going to pan out.
I think most people are realizing that there's less bluff
in these tariff moves than was hoped or perhaps assumed
early on, and therefore that the global growth outlook is weaker.

(31:04):
I mean, the direct tariff impact from New Zealand is
manageable ten percent tariff on about thirteen percent of our
goods exports. So that's okay, that's not a game changer.
But if global growth starts to look weaker everywhere and
it really impacts the outlook for the Chinese consumer and
everyone else, then that's a bit different.

Speaker 2 (31:22):
Is three percent still neutral?

Speaker 27 (31:25):
That is a rezive bank's estimate at the moment, So
that's sort of what we're all working to. But it's
one of those things that they sort of wait and
see how things pan out and then realize, oh, it
must have been that. It seems a reasonable working assumption,
but they always keep an open mind on that front.

Speaker 2 (31:40):
How important does the commentary? It is not a full
monetary so what he says, and the fact he's in
part time, he's only there for six months, it's all
got a flux vibe about it, doesn't it.

Speaker 27 (31:50):
Yeah, But I wouldn't say it's what he says, it's
what the committee says. They do pour over those documents
together very much. So yes, it's all going to be
about hints about what comes next, about how open they
are to cutting more, cutting faster. I would expect some
reassuring words that they stand ready to do whatever is
required to in the face of weaver might come around

(32:12):
the corner. So the market has already moved to price
a small chance of the fifty today but also more
cuts going forward, and I wouldn't expect the Reserve Bank
to push back against that because that's a very reasonable
affection of the risks as they stand today. So I
don't think the Reserve Bank will sound is as sure
about what comes next as they did in Tebery.

Speaker 2 (32:31):
But what about the psychology of in other words, the
key we say for people who are freaking out and
the mortgage people who are freaking out because they don't know,
because no one knows, and that plays into the vibe
and the economy.

Speaker 3 (32:43):
Is that a problem.

Speaker 21 (32:44):
Yeah.

Speaker 27 (32:44):
Confidence is definitely a really important channel, and we are
still at a pretty fragile stage of the recovery. I mean,
the recovery is definitely happening. You can see that a
hole across a whole lot of data, but we're definitely
not in the coctual part of things, where people are
feeling that we're on a really good part. I think
terms are sort of just starting to dust off those
investment plans and employment plans, and this could see them

(33:08):
put them back on the shelf. And there was that
bank already assumed in their last statement that the global
uncertainty which would damp an investment. They'll be even more
alert to that possibility now. But of course the fifty
point cut could be counterproductive in that regard. And so
far as this is the message that.

Speaker 2 (33:24):
Things are going to get really bad, jeez, it's interesting.
Good on you, Sharre and appreciate it very much. Sharon's
on them, am the chief Economists. Ten minutes past seven,
of course on z'd B. Today, police are delaying the
role out of the mental health changes for the second time.
He sort of saw this coming, didn't you mean?

Speaker 4 (33:37):
This is work.

Speaker 2 (33:38):
It's been underway to reduce basically the demand that mental
health call outs have on the police. At the request
of the multi agency group who are running this, the
rollout's now going to be staggered across the various police
districts rather than the all at once approached. The Police
Association President Chris Carhills Well it's Chris Morning more than Mike.
I didn't realize. But there's apparently district variation. Is that

(34:00):
even if it is true, why.

Speaker 21 (34:03):
Basically because different districts have different capability to actually from
health to actually deliver on it. So they simply don't
have the services in some of those district health boards
for one of the better phrase, now they've a mountimated
them to actually deliver what the police need to hand
over these these people suffer in mental distress. So police
have agreed to just slow down and do it by

(34:23):
district I mean, the best thing, Mike. And finally health
and the national level of recognizing they've got to step
up and take responsibility for what is a health problem,
not a police problem.

Speaker 2 (34:33):
How much of this in your heart of hearts do
you reckon? It's about people hating change, not liking it.
It's not my problem, So I'm going to complain a
lot and try and stall this as opposed to you
know what, it is your problem and you've got to
step up.

Speaker 21 (34:46):
Originally, there was certainly a lot of the former people
in the health area just didn't want to take responsibility,
and that's what we learned from overseas. Unless police to
relign on the sand and say nope, you're going to
do it. The people suffer mental distress, don't get the
right care from the right people at the right time,
and that is not police officers sitting in hospitals for

(35:06):
six ass That's not good for anyone. So you know
we had to push it. We pushed it. Now I'm
engaged in and I understand what you're on. To slow
down and just make sure we get it right. We
don't want anyone falling through the cracks. But remember, police
will still go to anyone because at risk of harming
themselves or the public. So a police time is spent

(35:27):
on mental health call apps. It's the ridiculously, I don't think.

Speaker 2 (35:30):
I don't think anyone seeing a cop sitting there literally
for six hours an eed is serving anybody.

Speaker 24 (35:35):
Well.

Speaker 2 (35:36):
I think most people get that. So you remain as
an idea. You're as confident as you were.

Speaker 19 (35:41):
Yeah.

Speaker 21 (35:41):
Look, I've spoken recently to the police team that have
griven up. I've said I'm going to hold you to account.
I don't want to see this as a backgund. They've
given me a surances note. It's just making sure that
things are in line. To actual people don't slip through
the cracks. So it takes a little bit longer to
get it right. So yet a long and this is
the thing on most team to make sure it happens.

(36:04):
How to on board and run with it and don't
just continue to push.

Speaker 2 (36:08):
Back you befind so it gets us okay, Chris, well,
well done, Chris Carhill Police Association President, thirteen past seven
pask weak with the police. We'll find out this morning
via a poll from Courier that, unfortunately Tamotha Poll's out
to lunch breaking news didn't. I'm not sure if this
comes as a surprise. Question in the poll was does
seeing police officers on beat patrols make you feel more

(36:30):
or less safe? Nationally? Sixty six percent of say we
feel more safe. It was credible Tamitha was telling me
that apparently were we freak out when we see the police.
But no, it's not true. Sixty six percent of New
Zealanders feel more safe, only ten percent feel less safe,
twenty percent feel no difference. Broken down by gender if
you want gender, age, area, ethnicity, party vote. Is there

(36:52):
any incidence that Tamitha might be correct? No, not a
single one so Tamatha is officially completely and utterly out
to lunch fourteen past.

Speaker 1 (37:04):
The Like Asking Breakfast Full Show podcast on iHeartRadio powered
by Newstalk.

Speaker 2 (37:09):
STB, Organized Crime. It's bad reading our first report out.
There's a number of reports coming out. The government set
up a ministerial advisory group will work you through the
detail and talk more about it. After seven thirty seventeen
past seven, We've got good news meantime from the campus.
Though international student numbers are all but back to pre
COVID levels. Across eight unis there are around twenty thousand

(37:30):
full time foreign students right now. The university's New Zealand CEO,
Chris Wheelan, is back with us.

Speaker 14 (37:34):
Chris Morning, Good morning.

Speaker 2 (37:36):
So this is good because tourism hasn't managed to do
what you guys have, which is encouraging. Does this cement
our reputation? In other words, it's not permanently damaged?

Speaker 23 (37:44):
Look, I certainly think so. All the feedback we're receiving
from agents networks and student networks overseas as it's great
to have these ends back open. We're seen as a
high quality destination to come and get a qualification, and
we are relatively free from a lot of the turmoil
that's being experienced around the rest of the world.

Speaker 2 (38:05):
Is it the same countries, as the same makeup or
as things changed?

Speaker 23 (38:09):
It's very much the same countries. International education takes a
long time to shift countries, So majority of US students
are still coming from China, then a big step down
to India. These will always be very very important markets
to US, and we have incredibly strong relationships with those countries.
But obviously, you know, we're also looking at expanding into
different markets as the world's education system changes over time.

Speaker 2 (38:34):
Does the Australian scenario help us? That's got very angsty
Dunton's promising massive fees, all that sort of stuff. Do
we look better because of that?

Speaker 23 (38:42):
Well, this is why I say we are protected from
a lot of the turmoil facing the rest of the world.
Most of our competitor markets have policy settings that are
making them quite unattractive now to international students. So China,
that's sorry. Canada, I'm sorry, put a hard limit on
student numbers well below their current levels, and they just

(39:03):
haven't had enrollment to get even close to their target
because you know, agents and students have kind of gone
Canada's closed for business. So countries, like you said, and
look pretty good in that context.

Speaker 2 (39:13):
Fiscally, is it working?

Speaker 23 (39:16):
Absolutely, look at you know, and obviously money is only
a part of why we do this. It's great to
see the look for life back on our campuses, you know,
with the industrial students and what they bring. But absolutely,
at a time when you know there are financial challenges,
they are very welcome.

Speaker 2 (39:32):
Good stuff. Nice to catch up. Chris Wheeland, University's New
Zealand Boss. I've got the Trade Meet Market report on
housing for March. Prices up, demand more than a four
year high. Average asking prices increased by ten thousand dollars,
which is one point two percent, sitting at eight sixty
one thousand. Canterbury only one of the big three cities
to show both month one month and year on year

(39:54):
growth because that's Canterbury. Number of listings decade high in February.
Gisbon up thirty one, West Coast up twenty six, a
Targo up twenty four, Canibary up twenty percent, South and
up fourteen percent, so a lot of houses. Prices are up,
interests up, Things are coming to life nicely. Seven twenty.

Speaker 1 (40:13):
The mic Hosking Breakfast full show podcast on iHeartRadio call
it by News Talk Seppy.

Speaker 2 (40:21):
Now you're looking for some cracking Easter deals, you go
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(40:43):
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(41:03):
and collect. That saves time. You can choose fast delivery
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chemist Warehouse, great savings every day. Post seven twenty three,
Ken Lagon started a small operation called home Depot. These days,
he's a billionaire and a major donor to Donald Trump.
He is like the rest of us, looking on, incredulous

(41:26):
or furious, or in disbelief or in confusion. Yesterday, for
a very brief period of rumor that appeared to come
out of a very small account or two on X
swept the market. Trump was considering a ninety day pause
in tariffs. The market, which had been continuing its downward
trajectory or tanking as some people call it, abruptly upped
sticks and reversed, and it searched about eight percent, which

(41:46):
is a lot. Until it turned out and no, but
it was true, So I fell apart again. That's, as
one article suggested, was an off ramp for the president.
In other words, had the rumor been true, had Trump
decided it could all be a mistake, the markets would
have forgiven them, put it behind them, and we'd be
on our merry way. But back to Ken, Ken said,
I don't understand the goddamn formula, And in that he

(42:09):
is not alone. Many of the billionaires who backed Trump
don't understand the formula. They also didn't back the idea
that Trump would trash the place. And yet more of them,
mainly headed by the bloke who runs Blackrock, thinks the
US economy is already in recession. If it is in recession,
Howard Lutnik will need to be rolled out to explain
how that happened, given according to Luttnik, it wasn't possible.
So once again we asked the simple question. If the

(42:29):
brightest people in the room don't understand the goddamn formula,
If Trump's closest allies and supporters don't get it, who
does or worse, is it possible no one does? And
this thing is a runaway train? And if it's not
a runaway train, is it possible that yet another Trump
backer is right when he suggests America is now a
global laughing stock. And most of them, to quote Elon,

(42:51):
are dumber than a sack of bricks.

Speaker 18 (42:53):
There's going to be no recession in America.

Speaker 2 (42:56):
Hosking Hammer Capital was one of the ex posts Hammock Capital.
The other one was Walter Bloomberg, both with Blue techs.
Walter Bloomberg problem with Walter Bloomberg was Most people thought
it was Bloomberg asn't he, And you wonder why we're
all in trouble. So then we come back to flights
on Monday. We gave you the takeoff landing times, tiny

(43:17):
little numbers of cancelations. Everything looked tikety boo. In the
world of aviation, a lot of you said, hey, wait
a minute, what about regional what about the turbo props?
That's where the action is quite right. Good point. So
we go directly, of course, to the Ministry of Transport.
We go to them on the Monday and we say, hey,
how about these numbers. What's going on? Some suggesting that
in New Zealand works fairly hard to keep the numbers
quiet as as possible, we ask. So we go to
the Ministry of Transport on Monday. They come back to

(43:39):
us on Tuesday, because of course coming back to us
on Monday would be far too difficult. The same day,
so they come back to us on Tuesday and they
say they are quote working on a response. Now, this
was just at nine o'clock, just as we came off
here working on a response. Now we got no response,
so we chased them up yesterday afternoon, having given them
not only Monday, but another six or seven hours of Tuesday.

(44:03):
We are current, quote unquote, we are currently in discussions
with the number of airlines and are planning to provide
regional reporting shortly. I hope we didn't start that, because
it sounds like a lot of people hope too, a
lot of energy. We then went back four minutes later,
still before five o'clock, of course, because that's when Wellington closes,
and asked, what does shortly mean? Is there a timeline?

(44:24):
No response to that. So I sit here at seven
twenty seven on a Wednesday morning, having engaged them first
thing on Monday, and we are still, like many an
Air New Zealand flight, yet to arrive, yet to land.

Speaker 28 (44:38):
What makes you think that Wellington stays open till five?

Speaker 2 (44:40):
Good point, very good point. So we'll keep All I
can do is keep you posted. But if you ever
wanted to see some efficiency in the public service, it's
not quite happened yet. We'll certainly not. At the Ministry
of Transport, they have done a report though a ministerial
advisory group. They've been having a good look at organized
crime and they've found a treming amount of it. In fact,

(45:01):
if you want to growth industry, organized crime as the
places to look. So what do we do about it?
Is the big question, of course, and is an age
old problem still an age old problem. More details on that.

Speaker 1 (45:12):
Next New Zealand's home for Trusted News and Views, The
Mike asking breakfast with Bailey's real Estate, your local experts
across residential, commercial and rural news.

Speaker 2 (45:24):
Togs Head been significant court case yesterday in the High
Court and the crown is lost and it's to do
with fisheries and not come back to that in a
couple of moments. What the government does is the interesting
part about it. Anyway, Morning Mike. How does the stock
market compare to what it was when he took over?
He being Trump at the beginning of the year. Everyone's
blowing up, but it's still higher than when Biden was

(45:45):
in power. Well, unfortunately that's not true or indeed anywhere close.
So the S and P is down ten percent, the
dows down ten percent, the Nasdack's down fifteen percent.

Speaker 28 (45:54):
Just still at least it was that by over fourteen
hundred today.

Speaker 29 (45:58):
Actually I know, no couple of moments it was down
now down six hundred, So it's gone plus twelve hundred. No, no,
at first fourteen fourteen hundred, now currently minus six hundred,
it's a two thousand point swing.

Speaker 2 (46:13):
And no, it wasn't better. Well it was better, significantly
better with Biden twenty two minutes away from eight. But
don't worry. There will be no recession and everyone's going
to get rich. What else he's saying. And the penguins
are happy and in the track of trillions of trillions

(46:34):
of dollars are flooding into America and the Golden Age
has begun. So that's good, Jenny and Mark after eight
Politics Wednesday. Right back here, things are not going well.
I'm afraid to tell you when it comes to the
battle over organized crime and Ministerial Advisory Groups delivered its
first report. We have record drugs usures, new tactics from gangs,
new streams making cash, a lot of fraud, migrant exploitation,

(46:56):
illegal tobacco. The safety and security of kiwis are said
to be impacted in unprecedented ways. The chair of this
Ministerial Advisory Group is Steve Simon. Steve morning to.

Speaker 4 (47:04):
You, good morning.

Speaker 2 (47:06):
Does this what you delivered and what you thought you
might deliver? Are they two different things were basically the same.

Speaker 3 (47:13):
That different.

Speaker 28 (47:14):
Mike, I've been doing this for twenty years, so I
thought by this stage, being a prosecutor for two decades,
there'd be very little that surprised me. But if you
look at the numbers, particularly the wastewater numbers, and you
look at the seizure numbers of how much we're stopping
coming into the country, it's pretty frightening.

Speaker 2 (47:32):
Right, do you place any weight on the partial argument
was put up when those numbers came out the other
day a meth and the water that was just gangs
dumping because the police were raiding them, and therefore you
know spike the figures.

Speaker 28 (47:46):
Well, the difficulty without argument is we've seen it go
up in two quarters now, the end of twenty twenty four,
the start of twenty twenty five. And also it's all
across the country, so you're seeing it unless is a
cord needed dumping by these gangs all at the same time,
what we're saying is high spike rates in a lot
of rural areas. So all the small towns the are

(48:09):
the ones being affected.

Speaker 2 (48:10):
Right, You've got a banking security expert on your panel.
Are the banks aware of the money flow. Are they
all over it or not?

Speaker 28 (48:18):
The banks are aware of money floats, their banks have
a lot of data. But certainly there's a disconnect between
the work done by the private world and also the
government agencies.

Speaker 2 (48:29):
Yeah, so there's two key points, and that one's the
private and the government. So the private feel a bit
locked out of what the government are doing. Is that
easily solvable in your view or not.

Speaker 28 (48:39):
I don't think it's easily solvable, but it needs to
be solved, and that's certainly something the Minister's asked us
to find a way to do.

Speaker 2 (48:47):
And the other problem, and I've been around a while
and I've heard this about a million times, and that
is that no one talks to each other and one
department doesn't share. When does that get fixed?

Speaker 28 (48:58):
Yeah, you could be more right. I pick up any
report and I've read a few now. They all talk
about information sharing being one of the biggest problems for
us collectively to target organized crime. And what we need
to do is have a pretty honest and bold conversation
about what information we share between government agencies and what

(49:20):
is the culture we have in terms of encouraging organizations
to share information with one another. So we can target
that organized crime.

Speaker 2 (49:28):
Is it culture or is it the law? Are there
barriers that they would say, look, I can't. I would,
but I can't.

Speaker 28 (49:34):
I think, to be fair, Mike, it's both. I think
some agencies are concerned about whether they can share information
about organized crime because of concerns that they might be
breaching privacy rights. And there's a conversation to be had there,
and there's also a cultural piece. If you're working in
a government organization, you're focusing on what that organization is

(49:55):
trying to achieve, and sometimes you're not looking outside to
what information might help another organization target organized crime.

Speaker 2 (50:02):
Is there any reason why this I don't even know
if you know the answer. Is there any reason this
is going to the Assistant Police Commission in the case
is Costello as opposed to Mark Mitchell?

Speaker 28 (50:11):
This was a I think the better way to frame
it is that Minister Costello kind of took this opportunity.

Speaker 23 (50:18):
And ran with it.

Speaker 28 (50:20):
She's had some interest in this for a long time.
Of course, having a background herself and the police and
I know that she had a big interest in trying
to tackle the sisue of organized crime. And that was
even before these wastewater numbers came out, which provided some
momentum for her putting together this group. And the reason
for the group was she didn't want another report by

(50:41):
a government agency saying the same thing good. She wanted
us to stand outside the independent do something different.

Speaker 2 (50:47):
What's your vibe on the Steve as in what I'm
sure you are a very busy man with a lot
of interesting things to do in life. Do you sit
on a committee that's going nowhere or do you sit
on the committee that will affect actual change.

Speaker 28 (51:01):
I sit on a committee as a prosecutor and also
as a dad worried about what the future might be
like for my kids, and I think I will make
have a team with me which will make some robust recommendations.
And I'm hopeful that those recommendations, recommendations will be kept
up and some positive change will happen.

Speaker 2 (51:19):
Good stuff. Hopefully, talk again, preciate it. Steve Simon, chair
of the Ministerial Advisor at Group for Organized Crime. Obviously
we'll touch on that with Mark. After eight seventeen away
from ASCAR, Mi Katvians had reported door stopped National MP
claiming he's part of a secretively religious sector the Central
Sexual abuse investigation. Is this gas lighting language? Did the
media door stop Benjamin Doyle after a social media post? Now,

(51:41):
let me just ask you a question. This morning we're
getting a little bit of this. What's your fascination with
Benjamin Doyle? I mean, just the obsession with Benjamin Doyle.
We covered it off extensively a week ago. It led
endless numbers of bulletins. Is it perhaps that you've not
got some sort of resolution. I mean, Doyle hasn't been seen.
He's another green event off the face of the earth,
on full pain. You don't never hear from him again.

(52:03):
Is that what riles you? In defense of this bloke
from IRELM They asked him, I'm trying to get my
head around it to the idea that I was the
inference that he somehow deeply involved in the church, so
involved in the church that he would know of this investigation.

(52:25):
Or is it like going up to a person going, hey,
you're Roman Catholic. I don't know if you've noticed that
some of the people in the Vatican are a bit dodgy,
and you somehow sitting in New Zealand going I have
no idea what you're talking about, or somewhere in between.
But anyway, we'll deal with this after right as well.

Speaker 1 (52:40):
Sixteen to two the Vike Asking Breakfast Full Show podcast
on iHeartRadio powered by News Talks.

Speaker 2 (52:47):
At be got some good news on super rug before
you in just a couple of moments. Just Treaty Settlement's
case in the High Court. So the Crowns breached one
of our oldest treaty settlements, which is appropriating mary fishing
quotas without compensation. I can't work out why they did it.
So nineteen ninety two Fishery Settlement otherwise known as the
Sea lawd Deal we've all heard of the Sea Lord Deal.

(53:07):
A group called hu or te oorhu ke Mawana took
them to court in one So the compensation ode they
claim is substantial. This is the part we're up to.
So the introduction of the quota management system in nineteen
eighty six, they operated as a fixed tonnage regime basically right,
so the Crown would assess whether the fishery was sustainable

(53:28):
or not. They'd allocate fishing quota on that basis. Now
it included the option of what was called a twenty
eight en right to compensate owners for the money they
would lose as a result of the coms. So in
other words, I come to you and say, look, you
ten percent less this year because the fisheries a bit dodgy,
that's the twenty eighty and they could choose to be
paid out. I either give me the difference or be

(53:48):
the first in line for some new quota. Then in
the early two thousands this system was changed so that
rather than the Crown bearing the debt, it would be
made up by reallocating quotas from other fisheries. So the
court found that have our renegotiators had known settlement quota
would be subject to reappropriation without compensation in years to come,
they never would have accepted the nineteen ninety two settlement.

(54:09):
So that's the win. It seems reasonably clear cut. Now
the Crown, what do they do? So the Oceans and
Fisheries Minister Shane Jones, of course he's quote unquote seeking advice,
and the advice will be one of a couple of things.
One appeal and hope and two write a check. So
either either ones problematic. So it's one of those things
that we will need to follow with a great deal

(54:32):
of interest because it seems that it's unlike so many
Like if you follow the Nahu case at the moment
in christ Church are on water rights that that's really
going nowhere. I mean, nothing's going to come out of that,
no matter which way it goes. Whereas this seems more
specific if you like, so watch the space, tend to wait.

Speaker 5 (54:51):
The Make asking Breakfast with the Range Rover Villa news.

Speaker 2 (54:55):
Tokstad b d away from Make got some good news
around Super Rugby. The amount of time, as in the
static time where nothing on the field's actually happening, that's down.
It's been cut by seventy three seconds on average. We're
scoring more points per game this year than ever sixty
one on average, a lot of points and we're watching
more of it. The ratings are up. All of the
seems good. Super Rugby Pacific boss Jack Missley's well, there's Jack.
Morning to you morning, Mike. How are you very well? Indeed,

(55:16):
I know you're in Australia. I know the crowds and
watching the viewer. I mean the fact that Australian sides
are competitive makes all the difference, doesn't.

Speaker 4 (55:23):
It, Well it does.

Speaker 3 (55:26):
You know, we're seeing really unexpected results and many hoods
for many years get broken. And yeah, a huge lot
of reversal of results of matches from last year, not
just with the Australian sides, even you know, with more
on a specific for example, and you know we're seeing
big ladder changes. The Crusaders are back from last year

(55:49):
as well, So all of that sort of unexpected results
is certainly feeling some interest.

Speaker 2 (55:53):
What sort of television audience are we're talking about, because
they seem to be secretive in this country, are relatively secretive.
You're claiming thirty an increase in nine viewership and it
seems twelve percent here, twelve percent based on what from
what to what? I mean, how many hundreds of thousands
of people are watching television?

Speaker 3 (56:10):
Well, our main game on Saturday night in New Zealand
is definitely a couple of hundred thousand on Sky, so
it's really good numbers. And this is off the back
of good, great last year as well. So yeah, we're
really pleased with how.

Speaker 2 (56:25):
That's going because I'm interested in the crowd size as well,
because the crowds look a mnemic in some games here,
are they not? Or am I just not looking at
the right games? And so you're doing averages.

Speaker 3 (56:37):
Oh no, I mean I think the great great on
both sides of the ditch, which is great. Probably lead
this year stronger in Australia than New Zealand. But we're
seeing we're seeing growth. There's no doubt there's a lot
of upside for us to be had. There's a lot
of seats, a lot of tickets we can still sell.

(56:57):
But again, you know, this doesn't happen overnight. You know,
our focus is really a string season and seasons of
growth back to back so that we are sort of
moving in the right direction. And that's certainly happening. I mean,
I think one of the things we did and the
data we've released today with a big piece of fan research,
really getting into our core product. And you know that's

(57:20):
been the focus this season.

Speaker 2 (57:21):
Good it is to really really work with.

Speaker 3 (57:24):
The match epistles, the laws of the game to make
the product as compelling as possible.

Speaker 2 (57:28):
Not that I'm being negative, but how much of it's luck?
So your static time, I get it, it's around rules,
it's movement, I get all of that. But your average,
my favorite stat, an average of four point three lead
changes per match. That makes it exciting. You can't manufacture
that that's just luck, isn't it.

Speaker 3 (57:44):
Yes, But I think what you can do and what
we have done is through those law changes and the
match official interpretation moving the game forward, you're bringing You're
bringing more fatigue into the match. That opens up the
match for this, for this a play that can That
means that you know we are getting more unexpected results.

(58:05):
And then I think you know, there's there's clearly been
some advancement in the Australian teams quality the Australian teams.
The rebels have had at a role to play and
that is that dispersement of talent has been put through
the other teams as well.

Speaker 2 (58:17):
Good stuff, Jack, go well with it. I hope it
goes well for the rest of the season. Jack Mesley,
who's the Super Rugby Pacific CEO, four minutes away from
eight asking Andrew Little as me or is he the
answer to Wellington? I don't even think he was from Wellington.
I thought he'd last time I looked at his from
New Plymouth? Is that how this works? And this this
in a way, And don't get me wrong, I like Andrew.
I got a lot of time for him. I don't

(58:38):
know how effective as a leader he is. I think
we tried that out and it was called the Labor Party.
Didn't work that well? So could he be a mayor
in Wellington? Why would he be a mayor and Wellington?
Could he be amor and Wellington? Only because when you
look at the box, you go, oh, Andrew Little here,
I recognize that name? And is that all it boils
down to? What are his credentials to lead a city?
If he couldn't lead a party and couldn't lead a country?

(59:00):
And is it literally name recognition? Could Mike Hosking Andrew
Little and pick a name Desley Simpson, Lamborghini Lover run
for election and just suddenly win because for no the
reason you happen to recognize the name. And if that's
the case, how weird is that? That's before I get
to David Parker, who leaves, who retired yesterday and gives

(59:22):
his vow he's a serial entrepreneur, he called himself, which
I happen to know is true. He's also a nice
guy anyway. The reason I raise both those names as
we shall cover them off with a couple more names
in just a couple of moments. And those names are
Mark Mitchell, and Ginny Anderson's Politics Wednesday is next.

Speaker 1 (59:39):
Setting the agenda and talking the big issues, the Mike
Hosking Breakfast with Alveda, Retirement, Communities, Life Your Way, News,
Togsdad Bhing Normal.

Speaker 30 (59:54):
Mr is Marlon Williams in what seems to be a
scene at the moment of putting out albums in the
Maray language.

Speaker 3 (01:00:11):
And it was.

Speaker 2 (01:00:14):
Stan Walker who got the what are we calling them
the songwriters? And there was the Silver Sculls, but the
awards that got announced yesterday or the day before, so
he got the most nominations. He's put an Alman and
Murray and then there was a Rapper and Cheetah particularly well.
And Marlon Williams has put this out and I did
read an article the other day that suggested he wants

(01:00:35):
to dream in Murray. There are fourteen tracks. In fact,
this is the album where Lord speeching in one of
them thirty eight minutes and forty nine seconds. We wished
them well on their awards. It is eight minutes past eight.
From the Labor Party Ginny Anderson, good morning, good morning,

(01:00:58):
and from the National Party Market Ritual, Good morning to you,
Good morning, Mike, Ginny. Did I make a mistake before
the news. Where did I get the idea that Andrew
Little was from New Plymouth?

Speaker 11 (01:01:10):
He stood in New Plymouth and he has lived there
for some time, so he was Yeah, he stood there,
But he now lives in an Island Bay.

Speaker 2 (01:01:17):
Right, So has he lived as my texts has he said?
My text here says he's lived in Island Bay for
fifteen years, which I don't think is true because he's
stood for New Plymouth.

Speaker 21 (01:01:26):
Its family.

Speaker 11 (01:01:27):
I can know his mum lived there for a while.
I'd have to go double check. But he's got family
connections there and he has lived there in his life
and spent time growing up there.

Speaker 2 (01:01:36):
Would he be better than Tory? Would any I mean,
let's be honest, would anyone be better than.

Speaker 4 (01:01:41):
Absolutely?

Speaker 11 (01:01:42):
I think he'd be pretty good, to be honest. I
think he'd cut through a lot of the mucking around.
I mean, you know, they've kind of debated whether to
bulldoze the Bagonia House for about you know, five months
or six months.

Speaker 2 (01:01:52):
That's a crime that's beautiful there.

Speaker 11 (01:01:55):
But he's someone who would kind of not just announce
things and then do a U turn and muck around
that he would get on with the job. And I
think he'd realized the importance of creating consensus and a
council and if once you've got your majority, having agreement
in just getting work done, I think he'd be.

Speaker 27 (01:02:10):
Good at that.

Speaker 2 (01:02:11):
Can I ask the question that I'm assuming a lot
of people would ask if he ran. If you can't
run the country and you can't run the Labor Party,
what makes you think you can run.

Speaker 11 (01:02:17):
Wellington well I think he's the kind of person that
doesn't divide people, and I think that's problematic at local
government level that some people don't quite realize that you've
got a range of different views and you need to
bring them together to get progress happening. I think he's
quite level headed and you would be trusted as a good,

(01:02:38):
safe pair of Henes just to get progress, and Wellington
desperately needs it. We just need some progress to start happening,
and to happen that life and economic vitality back into
our city.

Speaker 2 (01:02:48):
Mark. Have you met the Napui people up north on
the methan fhetamine.

Speaker 4 (01:02:52):
No, we're meeting today.

Speaker 25 (01:02:53):
We've got a meeting today with them, so they're in Wellington,
so we'll all be coming together for a meeting later
on so afternoon.

Speaker 2 (01:02:58):
Because that report that went to this is separate, he
wrote to you. But the report that went to cases Castello,
I mean, what are shambles with organized crime and the
myth and the I mean, jeez.

Speaker 25 (01:03:09):
Well, we know that we've got a big problem as
a country. We know that this has taken decades to
sort of grow and manifest itself. But I can tell
you this that in the last eighty months we've already
taken really firm steps in terms of dealing with that.

Speaker 4 (01:03:23):
We committed to.

Speaker 25 (01:03:23):
Make sure that we get on top of it. It
is going to take a whole of system approaching. When
I say that, I mean central government, local government, community,
groups of private sector.

Speaker 4 (01:03:32):
But look, we can get on top of it.

Speaker 25 (01:03:33):
When it was certainly not that we haven't waved the
white flag on the amount of crime that we still
grow over the last six years, we're slowly getting on
top of that.

Speaker 4 (01:03:39):
We're going to get on top of this.

Speaker 2 (01:03:40):
You need to both of you, though, do something about
this business. How many reports have I read in my
forty four years in this industry that say there's not
enough sharing of information between government departments and there are
rules of regulations and attitudes around that and none of
that and this report says the same thing, none of
that seems to have changed. Why not?

Speaker 4 (01:03:58):
So we are breaking those walls down.

Speaker 25 (01:03:59):
And of course, you know, the whole idea of a
social Investment agency is to make sure that we get
all the government agencies that historically operate in silos working
together and focused on where the best use of tax
bars money lies and what will deliver the best results.

Speaker 4 (01:04:13):
And that comes to fighting crime as well.

Speaker 25 (01:04:16):
And look at the classic example is myself and Simon
Wattson and Casey Costello, who of course is my associate
and has got the delegation for this, and the reason
why she has that is because she's also got customs
and they've got an important role to play around law enforcement.
And she was a qualified detective, she was a vice
president with the Police Association. She's outstanding, very experienced in

(01:04:38):
her and I work very closely together in terms of
dealing with this.

Speaker 4 (01:04:41):
But I had a meeting with Simon watts who.

Speaker 25 (01:04:42):
As the Minister for IRD just before Christmas and said
we've got to get information, share and support happening across
the agency is much better.

Speaker 4 (01:04:50):
And that's happening.

Speaker 2 (01:04:50):
Are they running if I'm running pe AM, I running
that through the ir D taking more cash operation.

Speaker 11 (01:04:58):
No, that would be nice, I think. Well to note
actually they've actually slightly loosened up anti money launderings. There's
a Billet's elect committing now which we're taking a look at.
So it is it is a concern about how much
money laundering. John k was pretty good at cracking down
on that, and I think we actually need to take
a closer look at it. But these two key issues

(01:05:18):
that we need an answer to. First of all, we
need to know how much it's the Mexican cartails coming
and selling meath much cheaper. It's dropped in about thirty
eight percent in price. It's the biggest price drop in
New Zealand's history, and that means the market is flooded
with cheap methamphetamine. And the second point we need to
really find out is is it the same user group
using more using is that the ninety six percent increase

(01:05:41):
or is it a widing group. Are they younger people
using And that's the big worry because that steals over
into retail crime.

Speaker 25 (01:05:47):
So at the moment, the evidence on the second point
is the fact that we're not seeing although that obviously
in the latest wastewater testing there's been a massive increase.
We're not seeing that manifest itself in the health system
or so we.

Speaker 2 (01:06:00):
Don't know the same people more more. Yeah, exactly, And
the excerts have said so.

Speaker 11 (01:06:06):
Chris Wilkins, I'm sure, who's been in the space for
twenty years, says that it takes about three to four
months maybe more for it to kind of for one
a bit of a word, to actually start showing in
social disintegration as family units start to break down and
people commit crime against the people they love. That's what
it does to communities, and so it'll take four or
five months for those kinds of signs to start presenting.

Speaker 2 (01:06:27):
All right, let's take a brief break more in a moment.
Jinny Anderson, Mark Mentell thirteen past the.

Speaker 1 (01:06:32):
Mic Asking Breakfast full Show podcast on iHeartRadio, how it by,
News Talks.

Speaker 2 (01:06:37):
It Be News Talks will be sixteen past eight, couple
of quickies Ginny Mark with us Jinny David Parker thoughts
out of ten.

Speaker 11 (01:06:47):
He's a great guy. He's a huge contribution, and to
be honest, he's a personal friend. I've known him pretty
much straight away since he came into Parliament and he's
one of those people that if you've got a problem
or you're dealing with an is so you can go
into his office and talk to him and he will
just give you an hour. He's really generous and incredibly clever.
Real smart guy.

Speaker 2 (01:07:08):
Yes, he is a thought smart.

Speaker 14 (01:07:10):
Yeah.

Speaker 25 (01:07:11):
I really liked David. I mean I remember when I
was Defense Minister. I took him up to Bagdad to
see our troops up there, and he came back and
he was very supportive of them, and I got to
know him on that trip, and so yeah, just huge
acknowledgment and respect for his service and what he's done.
He's obviously moving on to Green of Field, so they
say that when you leave Parliament you're immediately ten years younger,

(01:07:31):
so I'm sure he's hoping that happens as well.

Speaker 2 (01:07:35):
Protection for MP's Ginny. They're looking at this at the moment.
Shane Jones obviously is in the news. Brownly apparently is
looking to say do you feel you need something more
than what you have, which, as far as I can
work out as an alarm and nothing else.

Speaker 11 (01:07:48):
I would say that I think post COVID things shifted.
You did get more kind of weird stuff happening in
sort of threats, not just on social media but in
other areas as well. So yeah, I think the threat
risk has probably increased. To be honest, it's for not
like not Park. Your women get it far more, far

(01:08:08):
greater in terms of online abuse. And that's just the
honest truth. But the kinds of things people are saying
to you are kind of weird, and yeah, so I
always watch it myself to see what they're actually saying.
And sometimes, to be honest, maybe I shouldn't, but I
do respond to emails I get that that are religion
weird stuff, do you, because I feel they deserve a
response a lot from your show. Actually, not to be

(01:08:29):
I get about four or five emails from different individuals
around the company country with some pretty interesting views, and
I often I usually respond, So maybe that's maybe I
should stop doing that.

Speaker 2 (01:08:40):
But iblic official, and I guess you're sort of open
to that sort of thing, Mark, do you? I mean
in a high but really like when you're Minister of
the Crown, Mark, so police, but I think most people
will be on your side ish now, apart from maybe
the gangs, but in those contentious areas. I mean, Shane
Jones's wife doesn't deserve what happened at all. Deport does
you no.

Speaker 25 (01:09:01):
Know what that look and that completely totally, you know,
condemned that behavior and without a doubt. I think since
post COVID, for some reason, boundaries have changed. People are
more aggressive and which is bad. As a country. We
got to start to move ourselves back in the other direction.
Look like, to be honest with you, I've been lucky. Yes,

(01:09:22):
I can't talk publicly about some of the threats that
I've had.

Speaker 4 (01:09:26):
They do come.

Speaker 25 (01:09:26):
They've been mostly because of the work they've done around gangs.
That's not going to stop. But I worry about my staff.
We had someone in my office last week that required
a police response, and you know that that's the world
that we live in. For me, I just I'm not alarmist,
and I'm just situation where and make sure that my
staff and every want is safe from around me.

Speaker 2 (01:09:49):
A couple of mark do you know anything about Hamish
Campbell of Ireland and two by twos and what the
hell's going on here and whether this is a thing
or not?

Speaker 25 (01:09:57):
To me, it just looks like a huge nothing beat up,
you know, I know Hamous very well. He's a good guy.
He's he's a very good local MP, really diligent, hard working,
hard working in our caucus.

Speaker 4 (01:10:10):
So I don't know.

Speaker 25 (01:10:11):
I've only seen what I've read in the media, and
to me, it's like, I don't really know what they're
going on to it.

Speaker 4 (01:10:16):
What do you do?

Speaker 2 (01:10:17):
Do you have a view? Ginny? Do you know what
the twos are? You ever heard of the not in perhaps.

Speaker 11 (01:10:25):
And I've ever been advised into one? No, I have
read about them. I'm always a bit interested in cults
and you know, like sort of small groups. I've read
about them, and I think the fear point would be
if there is a police investigation relating to child abuse
and that needs to play out and you need to leave.

Speaker 2 (01:10:41):
Of course, I don't think anyone's talking that. What I
couldn't work out is the repolice investigation in New Zealand.

Speaker 11 (01:10:47):
I think that I FBI have contacted New Zealand. There
seems to be like there's a bit obscure, but there
seems to be some contact. Mike will probably know more,
but it seems like I FBI have contacted New Zealand
police for information and there's some sort of well, that's
that's that that.

Speaker 25 (01:11:01):
Would be an operational meta. So no, I don't know
anything about that. And if there's a FBI a joint
police investigation, then let that happen and let them control
that in reporting.

Speaker 2 (01:11:11):
It just couldn't work out whether he's been ping, because
I mean it's it's I don't know what the two
by twos do or don't do. But at the end
of the day, unless he's directly accused in some way,
shape or form of doing something illegal, being part of
something isn't a thing. And it's like saying, look, there's
a lot of dodgy people in the Roman Catholic Church
and what do you know about that?

Speaker 4 (01:11:29):
I agree with you completely.

Speaker 25 (01:11:30):
That's the whole point is that why are they reporting
on something that unless you know, unless there is involvement
or something like that.

Speaker 4 (01:11:38):
To me, it just looks like a beat up.

Speaker 2 (01:11:39):
Just quickly, Ginny, I'm up against it now, Benjamin Doyle.
Do we need to have something more than what we
have currently by way of information detail anything?

Speaker 11 (01:11:49):
Well, I mean again, it's a similar situation to the
one you've just discussed. If there are grounds for a
further investigation, that's that there are people to do that,
but I don't think so. I think more in terms
of a safety it seems like there's been some pretty
significant de threats to him, so I think there needs
to be some serious considerations around whether he can continue

(01:12:10):
to feel safe in the parliamentary environment and even in
the public as well.

Speaker 2 (01:12:15):
Yeah, anything, make no.

Speaker 4 (01:12:17):
I just think in terms of the safety thing.

Speaker 25 (01:12:19):
Look, I totally agree that you know, people should be
able to feel safe whether they're at home, whether out
in public, or they're in their workplace. So that's the
number one thing that needs to be a dressed. But
at the end of the days, he's paid by the tech.
We're all paid by the text pars. We're in service
of the text pars andations.

Speaker 4 (01:12:36):
Which we find up to work here.

Speaker 2 (01:12:37):
Good stuff. Nice talk to you, Mark Mitchell, Ginny Anderson
A twenty two.

Speaker 1 (01:12:41):
The MAKEE Hosking Breakfast with Bailey's Real Estate News Talks.

Speaker 2 (01:12:45):
They'd be well, how good are the holidays? We've got
some coming up of course with Booker Batch. Holidays are
how they should be fantastic memorable, because holidays are meant
to be, you know, creating memories with the family, not
putting up with an uninvited stranger crashing your Coremandel escape.
When you're into holiday home by the way from Book
a Batch, you always get like the whole house all
to yourself, so you never have to worry about sharing
your holiday home with an overbearing host ebba A. No

(01:13:07):
more host reiterating the house rules every single day. Are
no more host mowing the lawns, whacking the weeds at
sex in the morning. No more host joining you for
dinner by the pool than their togs, which means you
can you can stress less, you can enjoy more and
get that precious holiday time together a going. So how
good would all of that be? Well, next time a
holiday is on the horizon, ghosts the host plan a

(01:13:29):
trip in the perfect time with the whole family, and
the whole family will love it. And the place you
go is Book a Batch, Book a Batch. Asking, does
some more investigation need to be done into Ginny's fascination
with cults? Just asking? So refreshing to hear those two
not sniping at each other but having adult conversations about
some fixing major issues. Well done, Michael, thank you for that.

(01:13:52):
Next text, Mike, time to change up the slot. Done
with both, Kay for the same said second thoughts exactly
another fun day on the mic Hosking Breakfast. Just if
you a listener to this program, a regular to this program,
and you are emailing Jenny, can you just as a
personal favor to me, not come across as too weird?

(01:14:12):
Don't say strange stuff. Just say don't say random unusual stuff.
I'm just interested in the reputation of the program on
a broader scale because the difficulty of having got quite
large as a program is you got You've got the
whole kit kaboodle of the population.

Speaker 19 (01:14:26):
Here.

Speaker 4 (01:14:27):
Everyone's welcome.

Speaker 2 (01:14:27):
It's everyone's welcome. Broad check. No, everyone's there's a super
broad church. But just you know, just keep the nuhiness
at bay. Just on the emails if you don't mind news.

Speaker 5 (01:14:36):
As the Breakfast show, Kiwi's trust to stay in the know.

Speaker 1 (01:14:42):
The mic Hosking Breakfast with the range Rover vi LA
designed to intrigue and use togs dead b might.

Speaker 2 (01:14:48):
Be interested to hear in New Zealand regional stats. My
husband trying to fly Auckland to Taupo yesterday canceled and
from Kerry Carey to Auckland today delayed. This happens frequently
on provincial routes. Don't worry. As I mentioned, we are
right up the JACKXI of the Ministry of transfermaket Urgent Urgent.
We wrote and we rang them on Monday and we

(01:15:09):
got the response back on Tuesday yesterday, first thing saying
they were on to it, they were cracking on with it,
and by middle of yesterday afternoon they were still cracking
on with it. They had a team, they were rounding
up some some airlines to talk to and they were
they were going to let us know soon, and we
went back and said win soon. No response. That was

(01:15:30):
before five o'clock yesterday. Any updates this morning so far?
Nothing so far, but it's only eight thirty seven.

Speaker 28 (01:15:35):
Yeah, it won't be open yet.

Speaker 2 (01:15:36):
It won't be open yet, but when they are, we're
all over.

Speaker 20 (01:15:39):
Twenty three to night International correspondence with ends and eye insurance,
Peace of mind for New Zealand business.

Speaker 2 (01:15:46):
Right, good morning to you. Two part question, How long
was it and will you get any of those moments back?

Speaker 18 (01:15:56):
It was an hour and I worked for the telever to.
The company that staged the debate was at the Worthwhile event. Look,
I think to get them both together on the same
stage is not a bad thing to have happened during
an election debate. Election campaign. I mean, we're only a
week and a bit into it, We've got four to go.

(01:16:17):
The next debate is going to be on the ABC,
so you can imagine what way that'll go. This was
a Sky News Daily Telegraph, supposed to be an audience
of one hundred undecided voters. I was a little skeptical
about how undecided these people are as they filed out.
The result fell in in Albow's favor forty four for him,

(01:16:39):
thirty five for Dutt and twenty one people who bothered
to turn up as undecided voters still were unstarted when
they left, so that might say a little bit about
what it was like online. Peter Dutton has said to
have been a stronger performer. Interestingly, an hour before it happened,
he got news to his father back in Queensland had
a heart attack. He'd have to cut him some slack there,

(01:17:02):
because I mean, obviously that would be very bad news.
We've got eight days to go now, really because and
the reason I say that is we're going to be
interrupted at a told on Monday by Easter and the
ANZAC Day long weekend, so there's there's eight days before
Easter and then about four or five days a clear
era after that. I think Dutton last night did himself

(01:17:24):
albut did himself no favors. I think Dutton was pretty
strong and he needed to be because, as we said
on Monday, he's been struggling now.

Speaker 2 (01:17:33):
So as I understand it correctly, if I'm wrong, there
are two debates sort of that one plus as you say,
the ABC seven and nine wants something, Will they do
more or not?

Speaker 18 (01:17:44):
Well, Peter Dutton says, to his advantage, they do more
because I think he's a better performer live and unscripted
than what the Prime Minister is. So whether it goes
to one of those two commercial networks, who knows, but
I imagine that they will twist their arms Anthony's I
doubt that he'll commit to another one. He's done Sky
and the Telegraph, so that is what you would describe

(01:18:07):
as the right leaning media and the ABC is far
to the left, and so he will think. I think
that he's got all bases covered.

Speaker 2 (01:18:15):
Now, given our EMMP situation and given your possibility of
a hung Parliament. When it comes to dealing with minor players,
are you in the stage yet where you know what
they are demanding or who they will go with and
what they want and won't get in bottom lines and
all that stuff or not.

Speaker 18 (01:18:30):
Well, yes, from the Greens, but not from the tills.
So we have that problem that we have a group
of so called independent community independents, whereas they're really funded
by Simon Holmes, a Court and Climate two hundred and
they took millions into these people, so they're not really independent.
But Adam the leader of the Greens, will today outline
what he wants if there's a hung government, hung parliament

(01:18:53):
that demands the Greens to stump up and allow them
to govern. And the list is extraordinary. And they're going
to tax billionaire as they say and rate in twenty
three billion. We're not sure how they'll do that. The
company tax rate warll go up to forty percent. They
want dental put on Medicare, which will cost the country
billions of dollars. They want to turn the government into

(01:19:13):
property developers to build cheap and sell cheap houses, stop
all coal and gas mining completely. All public transport will
be at fifty cents a ride. They're going to wipe
all student debt and they'll give every pair in eight
hundred dollars for the kids to go back to school
and labol its all public school fees.

Speaker 4 (01:19:33):
Of course that's a nice little list.

Speaker 2 (01:19:35):
Of course they will. And if push came to shove,
would they rather be OUSI The history of the Green
Party in this country in general is they'd rather be
out of power than in power because they stand on
quote unquote principle and if you can't agree with us,
then you're wrong and therefore we don't want any part
of it. So how does it play out at your place?

Speaker 18 (01:19:53):
Pretty much the same, except I mean, obviously with the
debate around global warming and negative being able to argue
that you're doing the right thing about the climate, they
probably wouldn't mind a seat at the table. But unfortunately
for them, there's so many other independents that even if
Anthony Albanezi needs two or three, he doesn't need the Greens. Right.

Speaker 2 (01:20:15):
Where are at with the tariffs in this fallout we've
seen the last few days?

Speaker 18 (01:20:19):
Yeah, Well, the US Finance Committee met while we were
asleep last night. Boy called Senator Mark Warner is blown
up at a bow called Jamison Greer, who's the US
trade representative. He wanted to know why friends like Australia
and we can put in New Zealand in to this list.
I imagine we're hit with a ten percent tariff. He
said that Australia is vital to the US security in

(01:20:43):
this region of the world. He talked about Aucas. He said,
Australia is one of our strongest allies. We have a
free trade agreement with Australia. We don't have tariffs. We
even have a trade surplus with Australia. So we do
have some Republicans over there having our story.

Speaker 4 (01:20:59):
Good.

Speaker 2 (01:21:00):
Hey Hanson Pauline who funnily enough, I don't want to
be rude or unrude about it, but that says she's
approaching seventy, she's about to retire. I didn't have her
at seventy, so she's aged very well. She's recruited her
daughter Lee to stand in Tasmania, and of Lee wins
because she wouldn't have any of us sons anywhere near Parliament,
which I thought was good. Anyway, if she wins, that'll

(01:21:21):
be the first mother daughter combo. Is there any chance
that Lee wins? Do we have any clue or not?

Speaker 14 (01:21:26):
Yeah?

Speaker 18 (01:21:27):
Possibly, I mean the Hanson name and the handsome brand
to a certain part of the Australian voting public is
very strong. Probably Hanson. Were you like her or don't?
I interviewed it face to face a number of times,
even went once to her house out in the back
of Brisbane and interviewed it for television. She is a
principled woman who's never varied from that first speech that

(01:21:50):
she gave back when she first entered Parliament all those
years ago, where she said, there and we were bringing
in too many migrants and it was going to cause
us trouble. And then she said that forever the daughter
could get up, Yes, she certainly could. Pauline retiring, I'll
believe that when I see it. I don't think she's
up for elections time round, and that's why she's probably
brought the daughter in. It's interesting, isn't it. There's never

(01:22:11):
been a mother mother daughter comba exactly.

Speaker 2 (01:22:15):
All right, Nice to see you mate, good weekend. We'll
catch up next week. Appreciate it very much. Dee Price
out of Australia. For this Wednesday morning, it is Geez
sixteen to nine.

Speaker 1 (01:22:25):
The Like Asking Breakfast Full Show podcast on iHeartRadio, powered
by News talks at b.

Speaker 2 (01:22:31):
We're at thirteen away from nine. Couple of things that
seem to be unfolding that I seem to concur with.
As it turns out, part of Brook vin Velden, who
we had on the program last week as part of
her ongoing avalanche or suite of changes around the health
and safety area or the workplace area, she announced yesterday.
She said there was a whole bunch of stuff coming
that was going to She did the announcement with the
Prime Minister at the eight hundred road Cone thing, which

(01:22:52):
is when we got her on the next day, but
she had some more stuff coming anyway. She's scrapping the
thirty day rule that automatically signs an employee up to
the elect of agreement when they sign on to a
new job. She's all for freedom of choice, good reducing
the burden on employers. Good employees and employers would be
free to agree in a wider range of employment terms

(01:23:13):
if a new employee listen to the rationale behind it.
If a new employee chooses to negotiate the terms and
conditions that suit their personal preferences or situation, they should
have that choice. Realize from day one of employment. Can
you argue with that? You can't possibly argue with that,
can you. It's like compulsory kei wei saber or forcing
you to join unions. There's something woefully wrong with all

(01:23:33):
of that. If you want to join a union, to
join one, but being forced to join a union or
automatically being enrolled in a union after a certain period
of time is wrong. Meantime, the government also have announced
they're closing down the four hundred million dollar Climate Investment Fund.
Where did that come from? That was a James Shaw
special that the last time you heard about the four
hundred million dollar Climate Investment Fund, which in and of
itself in theory, is not the end of the world,

(01:23:54):
because the idea is you've got some government money. They
invest as opposed to give they invest in businesses. Now
the problem when you last heard about it, they'd invested
and sold a zero and sold a zero wasn't a
company anymore because it had gone belly up, and there
was some question about Blackrock, and Blackrock pulled out, etc.
And so suddenly the whole soul of market became a

(01:24:15):
talking point. And whether or not we get any money
back from that is debatable. So in announcing they're winding
it up, they're looking to get money back. How much
will they recoup, especially given the market over the last
couple of days. Who knows the funds invested almost four
hundred million four quote very limited results. Here's the kicker.
Here's the part that I agree with the Minister of

(01:24:35):
the Climate Change Minister Simon Watts. There are more than
twenty government funds operating with similar objectives. My question, why
if you want to run a fund for green renewable
whatever you want to call it, fine, why do you
need twenty one of them? What's the point of that?
And one of them being one that didn't seem to

(01:24:57):
do any well anyway, do very well anyway. It's nine
minutes away.

Speaker 1 (01:25:01):
From nine the Mike asking breakfast with our Veda Retirement
Communities News togs head b.

Speaker 2 (01:25:07):
Given away from NAHAH. Note that fit Farmers is calling
for the government to strip green Peace of charity status
their latest forays at the Port of Taranaki this week.
I legal occupation. There's no way quote unquote, there's no
way Greenpeace should be eligible for charitable status when they're
engaging in I legal activity. They're nothing short of an
extreme activist group. Who legally disrupt legitimate businesses and spread
dangerous misinformation. Now, under the Charities Act, and this is

(01:25:29):
the part I've got a tremendous amount of sympathy with.
Under the Charities Act, they must operate for the public
good and not primarily serve political law advocacy purposes. Now,
can you possibly argue that Greenpeace primarily operate for the
public good as opposed to primarily serve political or advocacy purposes.
You can't. Hard working Kiwi taxpayers are effectively being forced

(01:25:50):
to subsidize green Peace as I legal activity and political activism.
They've lodged a formal complaint with the Charity Services requesting
they open inquiring I don't know the services do inquire it.
So they run through a whole bunch of stuff. They've done.
The Nobel Discoverer Ship occupation twenty twelve, the Amazon Warrior
See protest of seventeen, the Parliament crane protest of seventeen.
I remember that one. The Fonterra to rap a dairy

(01:26:12):
factory protest of twenty four I remember that one as well. Actually,
Straterra officers protest in Wellington. Don't think I remember that
Port Narinaki occupation this year. So they've been busy, but
they don't pay tax because they're charity. Are they a
legitimate charity? I ask you as indeed, do the Federated
Farmers Six away from nine.

Speaker 5 (01:26:30):
Trending now with Chemist ware House, the home of Big
Brand Fighter.

Speaker 2 (01:26:34):
I'm just reading this. This is a very lengthy piece
that Sam has presented to me for Trending, and I
have not been able to pre read it or give
it my usual cursory bill. I might just have to
read it as an imagine that. No, I don't do
that glint. No, I'm well aware of That's not how
I do that stuff. It starts look out big evil

(01:26:56):
music companies. Now, that's not something I would have said.
I would have said that. What would you have said it?

Speaker 4 (01:27:01):
Ironically?

Speaker 26 (01:27:03):
No?

Speaker 2 (01:27:03):
Probably not. There's a lawsuit coming self proclaimed musician slash
boxer slash actor Mark Mysterio. If you haven't heard of Mark,
then don't worry because no one had, right Salmon, I
wait that only Sam can write. Mark is suing Amazon
Music alleging that they've shadow band as music on their

(01:27:27):
streaming service. What's shadow band?

Speaker 23 (01:27:31):
Well?

Speaker 27 (01:27:31):
Read on?

Speaker 2 (01:27:33):
I will win, Thank you? He alleges that Amazon has
put an algorithm on his music so that whenever he
puts out new music, Amazon marks it with the dash,
which means it doesn't get promoted on the site. He says,
it means his music doesn't get to us one point
twenty five million fans. Where these fans are? We can't
figure out? O ironic line from Sam there. The lawsuit

(01:27:57):
also says that Mysterio is a twenty year music veteran
and one of Amazon's top stars. He says, between September
of twenty three and August of twenty four, he had
eighty million streams of his music for you, Yet somehow amazingly,
since August of last year, the streams have dropped to
essentially nothing. The shadow banning must also be happening on Spotify,
because he says, only has one hundred and eighty one
monthly listeners, so they're clearly scamming too. The kicker, I'll

(01:28:22):
put inflection with the question mark right Sam at the
nth the kicker, he says, proof is that in a
fifty song mixed from Sabrina Kapiner, seventeen of her song's
got promoted, while the fifty song mixed from Mark Mysterio. None, none,
what is going on? Of them got promoted? And if
you wondered why he called himself a boxer, a good point, Sam,

(01:28:45):
I actually hadn't, but nice to raise that at the
very end, just as a surprise. And if you wondered
why he called himself a boxer, he says he holds
IBA boxing recognition as a contender for a vacant world
title against Jake Paul. There is no evidence for that
on the ABA's IBA site. Sam's gone to the siteans
Chick because he's a fact check.

Speaker 14 (01:29:04):
See, there was a row well researched trending.

Speaker 2 (01:29:06):
Now you can't make it pretty pretty. It was lengthy,
but well researched, plenty of detail in there with a
couple of question marks and fulfilled you. Probably some good
protein in there as well.

Speaker 28 (01:29:15):
And we're gonna follow the Mark Mysterios story closely.

Speaker 2 (01:29:18):
Is this Marke mysteriou?

Speaker 5 (01:29:19):
Yeah?

Speaker 2 (01:29:19):
Yeah, yeah, Well we're promoting him, aren't we. So we've
solved Make Mysterio's problem. We promoted Mark Mysterio on the
biggest radio program in this country. Now that is us
for the day. We returned to My Morning from six
as all ons Pappy Days

Speaker 1 (01:29:35):
For more from the mic Asking breakfast, listen live to
news talks it'd be from six am week days, or
follow the podcast on iHeartRadio

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