Full Show Podcast: 09 May 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Your source of freaking news, challenging opinion and honored backs,
The Mike Hosking Breakfast with a Vita, Retirement Communities, Life
Your Way News, Tokstad.

Speaker 2 (00:10):
B Welling and welcome today.

Speaker 3 (00:12):
More money for infrastructure in the budget our banks, so
the Central Bank of Fortune from COVID. We need new
ventilation rules for townhouses because we're useless at the building.
Mike Robinson explains how the Rugby Union keep losing money.
Tim and Katy do the week of Richard Arnol and
Murray Old's they provide the international's back ask welcome to Friday,
seven past six. I guess that is what press releases

(00:32):
are for. And in the Rugby Union press release yesterday,
Chairman David Kirk and the CEO Mark Robinson did their
best to infer that life financially for the sport is
sensational despite the fact it isn't. They lost money almost
twenty million dollars, and they lost money the year before
that and the year before that as well. Kirk ran
the line that it was not a cash loss and
they had one hundred and seventy million ish in reserves.

(00:55):
They also spruke the fact that they were pulling in
record revenue. Now I'm a conservative when it comes to money.
The fact they pulled in record revenue and still lost
money is your real news. Because if you can't make
dough when you're raking it in, your model's broken mark.
Robinson admitted as much by saying, quote, there was further
work needed to achieve a sustainable financial model. This is

(01:17):
no different to your household budget. You get a pay rise,
brought some good coin into the house, but you're still
not getting ahead. And then you reassure yourself that although
you did get a pay rise, but spend it all
and then some don't worry, We've still got the savings account. Now,
the trouble for people like Kirk and Robinson is everyone's
an expert. We all want to run rugby, and in
a way that's a good thing. I suppose we're not
short of interested parties. But what you can't argue with

(01:39):
is the market rugby plays in the global sports market
is booming. The money out there for elite sport is
eye watering. Their revenue uptick indicates they might be seeing
a little bit of that. But the simple truth is
you can't bank the buck in the golden days if
you can't do that, You're going to get killed in
the lean ones. The experts who text me will tell
you Robinson's a fall. Women's rugby is a drain. Ventual

(02:00):
unions are run by people called Bruce who still drink
handles of beer every Friday night with the shirt fronts
hanging out. But what all of that florid verbiage from
the well intentioned doesn't address is the really big important question.
If you can't make money from your national game, either
no sport can make money, which we know not to
be true, or something is wrong with the way the
national game is run. If you're still in the red

(02:21):
when it's raining money and your press releases have a
desperation about them, someone needs to be held to account.

Speaker 1 (02:30):
News of the world in ninety seconds.

Speaker 3 (02:32):
As you've heard, the smoke was white. The bells started ringing.
A lot of people super excited, even though they didn't
have a clue at the time.

Speaker 4 (02:44):
Either winner was Yes, it's very exciting, so we're ald
to explain the feeling.

Speaker 5 (02:50):
I think that happens one time in life, so it's exciting.

Speaker 3 (02:55):
We did eventually get a name, and it was Leo.

Speaker 6 (02:58):
Christ Goes before us the world needs his light. The
Luis humanity needs him like the bridge to God and
his love.

Speaker 3 (03:14):
Another big news, Trump and Starmer have kind of tried
to you this is a.

Speaker 1 (03:17):
Maxed o deal that we're going to make bigger, and
we make it bigger through growth, but we have tremendous
assets involved.

Speaker 7 (03:25):
I was surprised to see how big your.

Speaker 8 (03:27):
Country is and actually one of the biggest in technology.

Speaker 3 (03:30):
And part of it's on cars.

Speaker 9 (03:32):
K was back at landrober In politics, what matters sometimes
it is who you have in your mind's eye when
you're making these deals. Do you have in your mind's
eye when you're taking decisions? And what I took away
from here last time was you and the brilliant work
that you do, and had you in my mind's eye.

Speaker 3 (03:49):
You might remember we played it when he was last
at the land Rover factory on the day the terrorists
got announced. Anyway, Joe, who seems on some sort of
do you want to interview me too, turned up on
the view with as missus, which was just as well.

Speaker 5 (04:01):
You know.

Speaker 10 (04:02):
One of the things said that, well, well, Lissa, you know,
one of the things I think is that the people
who wrote those books were not in the White House
with us, and they didn't see how hard Joe worked.

Speaker 3 (04:16):
Why is he out there for God's sake? Finally, the
lost art of doing it yourself. Sam Daley is a
student of the UK knows how to be a student, obviously,
not a lot else. Because when he needed to change
the batteries in his smoke alarm, he didn't have a
clue how to do that, so he hired a tradesman.
Tradesman staying in four hundred bucks. Sam puts that on
the socials, and of course he's been roasted ever since.
News the world of ninety Central Bank in England they

(04:38):
had to go overnight they cut twenty five points. They're
down to four point twenty five, so they were at
four and a half. Andrew Bailey, who's your man, would
not give predictions as to when and how much would
come next. Still, the view is that the path gradually
and carefully is downwards. That's the fourth cut, so farthest year. Meantime,
in Brazil, slightly different economy, they raised their interest rates

(04:58):
fifty basis points. That is the sixth straight hike, highest
rate in some twenty years. Their cash rates running at
fourteen point seventy five, twelve past six, the.

Speaker 1 (05:12):
Mic Asking Breakfast Full Show podcast on iHeartRadio powered by
News Talk.

Speaker 3 (05:17):
Zeb Although Jaguar Landrover will be pleased and Starmer appears
to be please toyotro overnight globally he sees a twenty
one percent full year profit decline and given that Toyota
is the biggest producer of cars in the world, twenty
one percent as a result of this tariffs is of
course a lot of money. Fifteen past six, Let's get
into work from Devin Fund's management, Greg Smith. Morning to you, morning, Mike. Yeah,

(05:40):
what do we know about this UK US deal? I mean,
how good is it? How big is it?

Speaker 11 (05:44):
Well, the top line, it's a breakthrough agreement. It's tremendous
according to Trump. Ker Stummy's also said it was fantastic
and seein side of the anniversary at the end of
World War Two. But yeah, it's a little bit light
on detail in some places, and also there seems to
be a few differences of a between both sides what
exactly it means. So yeah, it's by the monumental moment

(06:05):
and that's a deal. But yeah, there's still a bit
to be done yet, so it could still actually fall over.
Not quite a done deal, but investas aren't too bothered.
They're looking at the positives the US markets have swored.
But yeah, what do we notice as lowest US duties
on British steel alminium automobiles also beef and that's return
better access to American agriculture. Still bit of debate on

(06:26):
whether some towers would go to zero and to what
extent that ten percent baseline for the UK or remain
in place. But yeah, you mentioned all of manufacturers. They
can seen one hundred thousand cars to the US ten
percent instead of twenty seven point five percent. Rolls we're
always taking into the market to our free soly shares
are and an unnamed British airline won't have too many
guesses as is buying ten billion dollars worth of bones plane,

(06:49):
so bone jumped as well. So you will just sort
of see how this plays out. As we're pointing out that, yeah,
the US and UK have actually a relatively conviviable relationship
compere to other countries. So and also the US actually
runs a trade surplus with the UK, so sort of
take there in context. But yeah, the markets jumped. Trub
actually said Vestage actually go and buy stocks, which they did.

(07:11):
The UK deal pis dead merit, although they've already been
making contingency plans. That landmarked the offend earlier this week
and the go shaving with the EU also comes as
the big thing when they cut rates overnight. So Governor
Andrew Bailey he welcomed the trade deal, no surprise here
and he hoped it would ease some of the risks
to grow in part to give other countries sort of
have agreements as well. So let's see we've got a

(07:33):
few deals might to get done in the next seven weeks.

Speaker 3 (07:36):
That true. Back home, how much light at the end
of this warehouse tunnel?

Speaker 11 (07:40):
Yeah, it was quite quite a positive up that actually
for the Obviously they've been under under the pump a bit,
but things appear to be on the unimproved. Shoppers are
opening in wallets. Some of these strategies are working. So
look at third quarter sales. They are up two point
two percent seven ten point five million. The warehouse sales
himself that they are up one point nine per cent.

(08:00):
They were afresh everyday essential that home, we're a pair
on the light that seems to be having some success
and not so good at ware House station they were
down three point three percent in terms of their sales.
Back to school campaign went well, but yeah, significantly businesses
are still cutting back on their spend. But Noel Leaming,
I thought that it was really positive. So these sales
are four point five percent and thirty four point nine

(08:22):
million online sales up almost sixteen percent. This is really
how strong considering the economy and all the rest consumer
servers so which say that you know, we're not buying
big ticket items or not not just yet. But yeah,
they peter to be sort of doing so nol Levings
was it was good.

Speaker 2 (08:38):
Over all.

Speaker 11 (08:38):
Their market cheer went up there around about fifteen point
eight percent. Foot traffic's gone up and people are actually
spending more rather than just browsing. But the important thing
just to sort of not rain on the parade too
much as though, is they have been discounting, so there
has been a cost here. They've actually reduced selling prices
by four point three percent on average during the period,
so that's taking the gross profit down. I guess the

(08:59):
trick beause my well, they have to keep discounting to
keep people spending in the stores. They do talk about
further rate cuts help and still have to see there,
but just also in another sort of element of caution,
they said February was strong, but March and April was soft.

Speaker 3 (09:13):
And also like Brisco.

Speaker 11 (09:14):
As they said, warmer weather hasn't hasn't helped the start
to winter, so maybe we shouldn't pot the champagne corks
just yet. But the es were up one point three percent,
down still over twenty percent the other day.

Speaker 3 (09:24):
Fantastic, real quick word on AMZ. I mean the banks
generally this week have done well.

Speaker 11 (09:29):
Yeah they have so look the grave nvironment overalls took
quite temperd But yeah, if you look at A and
z's New Zealand business did quite well and actually did
better than the Aussie business. Customers are sort of holding
together in terms of the other staying up to date
with their with their payments, which is good. Provisions are
still relatively low, Revenues ticked up slightly. Yeah, lots of

(09:49):
caution around the economy, particularly I've see in New Zealand
and the story actually wasn't as good for the Aussie
parent as well. That there are cash unings are up
just one percent. They received a bit of a boost
that song called bank deal. But yeah, look, we'll take
the positives, revenues up in New Zealand, sort of things
holding together for an now, but obviously a bit of
caution on.

Speaker 3 (10:07):
The horizon numbers please.

Speaker 2 (10:09):
Yeah.

Speaker 11 (10:10):
So it's a good session for the US market. So
the Dow is up at the main one point three percent,
forty one six thirty. The SMP five on one hundred
is also at one point three percent, and NASDAK that's
roaring ahead up one point seven percent forty down point
three percent. In the UK NIK up point four percent,
a SX two hundred up point one six percent. Insedex
fifty we were down point two percent twelve four to

(10:31):
sixty seven. Commodities are gold stepping back from record highs
down sixty one dollars three thousand, three hundred and two ounce,
oil up a dollar eighty fifty nine spot eighty six,
and the currency market's key against the US fifty nine
point one down a bit, Ossie dollar ninety two point
three down slightly as well as we were against Stirling
forty four point six, but we were up against the
UN up point eight percent eighty six point one.

Speaker 3 (10:54):
Good on you man, have a good weekend. Catch up
next week. Greg Smith devon funds management task. How about
sport in the moment EA, which I told you earlier
on this week. So the International Football is done a
deal whereby you can stream some live football out of
America on your gaming console. They've produced their results stronger
than expected for the fourth quarter. They're expecting bookings to

(11:16):
range between seven point six to eight billion dollars. So
is their money in electronic sports? Yes, so their FC
and their college football game going gangbusters seven to eight
billion dollars for gaming Sex twenty one. You're a News
Talk SEDB.

Speaker 1 (11:39):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talk SEDB.

Speaker 3 (11:45):
As regards to you're in Pakistan, war is good for
business Chinese defense stocks of course through the roof because
the Pakistani's fly Chinese planes and they've lost a few
of them. EU, by the way, to contrast what Star
is doing today, the European Commission overnight launched a public
consultation list of ninety five billion euros worth of imports
from the US, potentially subject to a tiff. They've also

(12:07):
launched a dispute with the World Trade Organization, so UK
have ticked it off. The EU are in for a
scrap six twenty five trending.

Speaker 1 (12:15):
Now you're one stuff for Mother's Day.

Speaker 3 (12:19):
Fragrance him is only one thing that could top the
pope news for headlines. That is, of course, a new
trailer for Clarkson's farm. Season four. He hires a new
farm hand opens a pub.

Speaker 12 (12:27):
I wants to make it plain and I am absolutely
thrilled to bits for Caleb, but he has left me
just a little bit in the lurch. While Caleb's away,
I'm going to need a hand.

Speaker 1 (12:42):
She's brilliant eyebrows swear than my eyebrows.

Speaker 3 (12:48):
Gonna buy a pub?

Speaker 1 (12:50):
Well, I've gotta be honest.

Speaker 12 (12:55):
When I first got around that hadn't fallen down.

Speaker 2 (12:58):
Healt with the old thing and then the old thing again.

Speaker 1 (13:00):
Bra Yeah, bigs some clatoriuses.

Speaker 2 (13:04):
I didn't know that.

Speaker 3 (13:05):
Jesus, Yeah, he can't find us.

Speaker 7 (13:09):
Hawerker fans, a dad, no gas.

Speaker 13 (13:13):
Lunch services, a butts.

Speaker 14 (13:14):
Basically, I think we get rid of Harvey Sweinstein swves.

Speaker 3 (13:20):
Brilliant out May twenty three, first four episodes. Is it
how many episodes in the whole season? Episodes five and
six May thirty seven and eight June six, eight episodes.
I think that's did they have eight last time and
you hade to celebrate the release and he's the very
very good news and I'm quite excited about this. Durham's

(13:42):
coming in to see us, So he'll be popping in
to see us Monday fortnight, so that'll be nice. So
he's coming to the country, so we haven't had him
on the program for a couple of years, so we'll
look forward to welcoming him back. So not only have
you got Clarkson's Farm coming in for season four and
it looks absolutely brilliant. By the way. The other thing
you can do this weekend that trailer we had to
licen to pieces. It's about two and a half minutes long.
It's better than about eighty nine percent of the other

(14:04):
television you were thinking about watching this weekend, just in
the trailer form. So season four, he's coming and to
see to my casking breakfast in a couple of weeks time.
So we'll look forward to all of that. Now, money
matters in a moment. Weird business, not that weird, given
what we've been through in this country over the last
couple of years. So you remember Adrian aw before he left,
he gave the banks at virtually no interest rate, a

(14:26):
staggering amount of money, and they were going to flick
it out into the economy, spray it all over the place. Now,
of course, part of that was it was alone from
the Reserve Bank to the commercial banks. Now the commercial
bank still of the original nineteen billion, about nine billion,
So if they can't move that money, they're going to
have to refinance it.

Speaker 15 (14:45):
Now.

Speaker 3 (14:46):
To refinance it, of course, is a lot more expensive
now than when they got the money from Adrian, and
in that lies the quandary. So we need brad Olsen
to give us a bit of expertise, which we shall
do after the news which is next.

Speaker 1 (14:57):
Near views to about anaz the news and the news
makers the mic asking breakfast with the range Rover bela
designed to intrigue and use togs B shortly.

Speaker 3 (15:11):
On this UK US trade. The a also the newpape
being American of course, may turn back here at twenty
three to seven spector of COVID and it command fiscal
ideology still being played out with news Our banks are
a fortune to the Reserved Bank, it's about a bit
out of nine billion. And from the infamous Funding for
Lending program, the FLP topped out at nineteen billion, what's
left as due in the next couple of months. Brad
Osenhen for Metric's principal economist, back with us. Brad, morning

(15:32):
to you.

Speaker 15 (15:34):
Good morning.

Speaker 3 (15:34):
Bank's not short of money, as we've seen in the
results this week, but they simply pay it back or
funded out some sort of way.

Speaker 7 (15:40):
I mean either or they do have the options on
either side to do that. And let's de clear, they
knew when they were taking out these levels of loans
that they'd have to pay them back eventually. So if
they're not ready to pay them back, they probably don't
qualify to be called bankers at that point. So they
will be ready. They will have sort of gone through
this process. Now, what I think the difference going forward
is that, of course the on that they're going to

(16:00):
have out the other side is going to be more
expensive because these funding for lending loans they were priced
at the ocr and so to be fair, the bank's
actually been paying less in the last you know, a
couple of months over the last year as the official
cash rate has come down, but still out the other
side they will be paying higher than whatever their interest
rate is.

Speaker 2 (16:21):
Right.

Speaker 7 (16:21):
The second is it looking through.

Speaker 3 (16:23):
To say, just corrected for people who might be confused
with all this hyperlutin economic talk. If you've got the
money for next to nothing, which is what they did,
why wouldn't you flick it out into the mortgage market
if you can four or five or six or whatever,
and you're creaming it, aren't you.

Speaker 15 (16:35):
Well, essentially yes, and that was the idea at the time,
is that if the Reserve Bank was able to give
cheap loans out to the banks, and the banks would
pass those cheap loans on through to the rest of
the economy, that would stimulate a bit of activity.

Speaker 7 (16:47):
It would keep inflation from going too low. And as
it's turned out, we did that really really well and let.

Speaker 15 (16:53):
Inflation get far too high off the other side. But
you're right that the.

Speaker 7 (16:56):
Banks have been lending this out at retail rates for
a period retail rates below and at the moment they
have gotten quite a bit higher. They of course come
back a bit over time. But I think as well,
I mean one of the areas, because the question keeps
coming up, right, what do the banks do? You know
they're just going to use their current level of mortgages
to help repay this, you know, will they have to
go out into the bond market and tap you know,

(17:17):
some money themselves. I think you look at what's been
happening in recent times between people's you know, on calls,
savings accounts versus you know, the sort of money that's
the Reserve bank, sorry, the retail banks are having to
pay out on term deposits. Is a healthy little margin there.
You look at the fact that a lot of people
have been sitting on higher floating mortgage rates waiting for
our interest rates to come down again. It might work

(17:40):
out well for a home loan mortgage holder to do
that for a couple of weeks, but for the banks
are still effectively making money on the difference between those
different lending options. So, long story short, I have no
issue at all with thinking that the banks are absolutely
ready to repay this. They've known it was going to happen.
They've always been ready to have to cash.

Speaker 3 (17:57):
Did the fact they've got nine left from nineteen show
you just how hopeless Adrian was.

Speaker 15 (18:03):
I wouldn't put it that way.

Speaker 7 (18:05):
I think, you know, when we looked at the funding
for Lending program, it was the last part of the
bigger Reserve Bank announcements that came out around what they
needed or wanted to do around monetary policy. In hindsight,
I think it was clear by that point probably that
we didn't need all that much additional stimulus in the economy,
and we did it anyway, so it certainly didn't help

(18:25):
for that point. Today, I do think that again, when
we looked at it, we went, Wow, we had, you know,
large scale asset purchases, you know, the money printing. We
had the very very low ocr When it did come out,
I think quite a few of us probably did go
I didn't realize that we were in that much of
a state that we needed such a big another bazooka
to be brought in, And hindsight's probably proven that out.

Speaker 3 (18:44):
I think that's probably true. Bradley appreciate it as always,
have a good weekend. Brad Olson in FORO Metrics, Principal economist,
twenty minutes away from seven Why not get the banks
to repay the nine so the government can reduce debt?
Hence government reduces interest charges on the nine billion. Is
that correct, Gary, No, it's not. What the reserve bank
does with their money is completely separate from the government. Yes,
the government is the reserve bankers government don't. But it's independent.

(19:07):
And the relationship was between the central Bank and the
commercial banks. The government had nothing to do with that.
This is not government debt. This is money printed by
the Reserve Bank and handed off to the commercial banks
in one of the stupidest things that ever happened fiscally
in this country. And I will never forget the day
that he came on Adrian or and I said, if

(19:27):
you're going to give them that much money at virtually zero,
why are there no riding instructions on it? And there
were no riding instructions on it. In other words, he
didn't say to the banks, I want you to lend
this money to X, Y or Z. He said, well,
that's up to them, and it was. And the rest,
as they say, is history. Nineteen to two.

Speaker 1 (19:46):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio car
it by News Talks.

Speaker 3 (19:51):
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(21:02):
this week a potential problem with our new golden visa.
I won't give you the detail now, but of course
it involved us going to a government department. How do
you think that went? More shortly?

Speaker 16 (21:14):
Six forty five International correspondence with ends an eye Insurance
peace of mind for New Zealand business.

Speaker 3 (21:20):
Side, Richard Arnald, Very good morning to you.

Speaker 17 (21:23):
Good morning, Mike, got yourself a pope whole world right.
Even many Americans, though, are surprised that this new Pope
is an American, although one who has spent most of
his adult life outside this country, including twenty years in Peru,
and one who has devoted his life to helping the
poor and immigrants, so very much in line with Le

(21:43):
Pope Francis. Those who knew Robert Pravosk in his Chicago
days and are quite a surprise. They recall him as
an intensely spiritual young fellow and before he walked out
on the Vatican balcony. Is the new Pope today? One
of his classmates at Divinity School back then, Father Edward Becks,
says they were takes going around saying.

Speaker 18 (22:02):
Wouldn't it be interesting if it's Robert, if it's Bob
Bob now Pipe and the foolish non Italian pipe in
royal following Pope's Francis bit adictnjeon pull of sake, and
still even the new Pope's old classmate Baked Miste being
taken back a little.

Speaker 4 (22:18):
I didn't think I'd be alive to see an American pope.
It's been so long that we've never had it. And
everybody said that America is too centralized, and it's too strong.

Speaker 18 (22:30):
It's too powerful.

Speaker 4 (22:32):
Why would we give them any more power any more attention?
As you know, there's an anti Americanism, especially now throughout
the world, and so we fought with that. Probably that's
going to work against having an American pope. But in fact,
the quality of this man, and the spirituality of this man,
and the history of this man and.

Speaker 18 (22:53):
Who he is seemed to surmount all of that.

Speaker 17 (22:57):
So probably the fourteenth Wents, known as Robert ul Bob
to his friends. He is one of three siblings. His
father was an educator, his mother a librarian. He is
fluent in a number of languages, as we heard in
his statement from the Vatican balcony, in Italian and Spanish.
So this is a moment of history, and looking back
in history, I want to go right back to nineteen
seventy nine. You know, a new book has just come

(23:18):
out showing that popes are not only devotional leaders, they
could also play a huge role in world politics. This
amazing story, Mike, is told by Edlouse, who's with the
Financial Times, about an earlier Pope, John Paul the Second,
in a book just coming out called The Dinner That
Helped Save Europe. It's a dinner that took place in Washington,
d c. When John Paul was making his first paper
visit to the United States. The Pope had just met

(23:41):
with President Carter, and then he reached out to his
big new Brazinski, saying, let's get together from meal. What
John Paul the Second was the first Polish born pope,
first non Italian pope in four hundred and fifty years
in Brazinski was the first Polish national security advisor. Here,
so Big asked if he could bring his wife and
kids along. Sure, said the Pope. When they arrived, Vinsky's
oldest son apparently had bothered to address relief. He was

(24:03):
still in dirty clothes after running running a rose. Anyway.
At this time then the Soviet Union had massed eighteen
military divisions on the border of Poland. They were prepping
for an invasion aiming to quash Poland's anti Communist Solidarity
Union at that point. But Pope John Paul and Brizinski
developed a close connection after that dinner, sa much so
that Brazinski had a number of his phone marked P

(24:24):
for Pope. As this friendship developed, the Soviets decided that
maybe they should back away from their Polish invasion plans
because it might lead to big difficulties with the US.
So it, says author Loose, it's.

Speaker 19 (24:36):
The non invasion of Poland that could have triggered World
War three, and this relationship very improbable between Polish born
world statesmen is the key reason why that didn't happen.

Speaker 17 (24:50):
So it all started with this dinner in nineteen seventy nine,
he says, where the Pope and the National Security chief
joked about John Paul's meeting with Jimmy Carter to each
other that Katas seemed like the devotional one, while the
Pope was very interested in foreign policy. Apparently that's a
joke they shared with each other many many times.

Speaker 3 (25:09):
Nice, we've got only detail more detail on this tride.

Speaker 17 (25:11):
Deal a little bit, maybe not enough, say critics. Before
the paper announcement, Trump's announced this deal in principle with
the UK the British PM on the phone line as
they celebrated this agreement, which seems to be lacking in
some detailed presidents Trump, though, insisted it is a big,
beautiful deal.

Speaker 8 (25:29):
This is a maxed out deal that we're going to
make bigger, and we make it bigger through growth.

Speaker 17 (25:34):
Maxed out deal. Wall Streets spiked on word of all
of this. Trump then speculated about future agreements with the
EU and China, suggesting for the first time that the
one hundred and forty five percent tarifying items from China
currently will come down at some stage. You can't get
any higher.

Speaker 8 (25:48):
It's one hundred and forty five, so we know it's
coming down.

Speaker 3 (25:52):
Well.

Speaker 17 (25:52):
One area they are discussing is agriculture and especially beef
exports from here, where many places, of course have different
health requirement. Says Trump's Egg secretary Brookrawland.

Speaker 20 (26:02):
This is going to exponentially increase our beef exports. And
to be very clear, American beef is the safest, the
best quality, and the crown jewel of American agriculture for
the world.

Speaker 17 (26:14):
Rah rah. So that's the note on which future negotiations
are beginning.

Speaker 3 (26:17):
Michael Ryan, you have a good weekend. American beef is
the bit. Have you ever tasted American beef? For goodness?
Say surgeon general nomination. Trump pulled that nomination yesterday. It
turns out a few question marks around her credentials, So
she's going to go somewhere else in the Health Department.
They're going to He's off to the Middle East next week.
They're going to call the Persian Gulf the Arabian Golf,
and he's going to pop into various places, including Saudi Arabia, Qatar,

(26:40):
and the UAE. He's got ongoing issues. They're trying to
flex some of these illegals off to Libya or Saudi Arabia.
The big plane was Juda Leve yesterday courts intervened on that,
and in Denmark, the foreign minister has summoned the US ambassador.
The accusation is the Americans are now spying on Greenland.
So she's a busy old week. Nine away from seven.

Speaker 1 (27:02):
The Make Asking Breakfast with Bailey's real estate news dog ZEDB.

Speaker 3 (27:06):
Myst Central banks around the world prudently rotating some of
their tier on capital reserve assets from US treasuries and
a gold our Reserve Bank does known as single ounce.
No surprises there, I will check that out. I want
to say I read something the other day that says
the opposite and that we are buying gold. I may
be completely wrong as regards the Lions and Rugby. Will
talk to Mark Robinson, not about the Lions, but about

(27:27):
his financial waves after seven thirty this morning. They did
it the old fashioned way. Forty thousand supporter is going
to be traveling to Australia. Two thousand of them paid
one hundred and thirty five bucks to go to the
two Arena in London overnight to watch the names read out.
And it's an old fashion thing. It's not like no
one was pre called, pre warned nothing. They just heard
it live like the good old days, which sort of

(27:49):
appeals to me. Five away from seven.

Speaker 1 (27:52):
Well, the ins and the outs, it's the fizz with
business favor. Take your business productivity to the next level.

Speaker 3 (28:00):
Correct. They don't own an ounce of gold, which strikes
me as being particularly weird. Fast food chains Bell where
the stock. Of course, last week we had McDonald's. They
didn't do very well. Largest US same source sales decline
since COVID revenue down three point six percent. This morning,
we got restaurant brands their global play ball here though
they owned Burger King, Popeyes which is just open here,
had got tim Hortons, which isn't here, and Firehouse Subs

(28:22):
also not here. They're quarterly earnings all miss analysts' expectations.
Same source saw store sales dropped. Apart from Firehouse Subs
tim Horton's, they account for forty percent of their overall revenue.
They were expected to be at one point four. They
actually dropped. This time last year they had growth of
six point nine. Burger King expected to drop a little bit,

(28:45):
but they dropped a lot more than what was expected.
Popeyes dropped when analysts expected a small drop, they got
a big drop. Internationally, things are though going well. See
this is what Trump is doing to America. He's freaking
the consumer out. In seventy percent of the AMA economy
is what they call the services sector or the services industry,
and services are burgers. Restaurant brands revenue was up two

(29:05):
point six percent. This will play out to us, of course, unfortunately,
because if you're not buying a burger, they're not buying
as much beef, and we sell them the beef. Internationally,
what am I telling you? Restaurant brands revenues up two
point six outside of the US and Canada. You see,
they expected Q one, says the Boss, to be the
worst year. But some of the noise may have driven

(29:26):
further softness. So in other words, what I'm saying, it's
breaking people out. People don't know what's going on, and
you don't know what's going on. You turn to the boot.
It's not the burgers, don't you? You have a drinking
the number pain. As Morgan Wallan says in its new
song I'm a little crazy but the World's insane.

Speaker 13 (29:41):
If you listen to that on iHeart country in there I.

Speaker 3 (29:45):
Heard country and Z it's funny. You should raise that
Gwen a new country music station launched by the fabulous
people who own a lot of radio stations at in
Z meet today anyway, More on that later for you.

Speaker 1 (29:55):
The only report you need to start your day, it's
on my Costing Breakfast with Bailey's Real Estate, your local
experts across residential, commercial and rural news. Togs Head been.

Speaker 3 (30:06):
Seven past seven, so bit more inside from the PM
yesterday in the budget. There's going to be an extra
four hundred million dollars per maintaining upgrading assets. That, by
the way, is on top of the already budgeted four
three point six billion. Michelle McCormick is policy director at
the Infrastructure New Zealand. Back with us, Michelle, good morning,
Good morning. I think we've got to be a little
bit honest. Four hundred million dollars. Although it sounds a
lot of money, isn't a lot of money in infrastructure?

(30:26):
Is that this is just a small top up.

Speaker 21 (30:29):
Yeah, it's a bit of a bread crumb really, but
I mean good news. It is some positive news. They
head minaged to strap the barrel and find a little
bit more and we know we've got a huge infrastructure
differit but you're right, four hundred million and then it's
like half a men or two gorge replacement exactly.

Speaker 3 (30:45):
What's the balance at the moment the stuff we could
should do versus what we are because we've got no dough.

Speaker 21 (30:53):
Yeah, there's a big hole here. We've heard over the
last few weeks a few announcements. We've had the transport
innouncements around the Northland Expressway, Mill Road and the Northwest
Busway and a lot also with defense and the National
Instructure Plan for the health sector. But yeah, they we
were a little light on detail. I think the private

(31:15):
sector sourcing of funding and other partnerships with both local
government and EWE Maori are going to be very important
in terms of going forward.

Speaker 3 (31:24):
Glad you raise that. That's what I want to know,
and I was just wondering if I was a sleep
at the wheel, I'm not hearing any of that. Where
are these people with all their money and all these deals,
where are they?

Speaker 1 (31:32):
Do?

Speaker 2 (31:33):
You know?

Speaker 3 (31:33):
What's happening?

Speaker 21 (31:35):
Well, the investment summits held in March was very successful
and we had definitely had some positive soundings out of that.
There is a lot of backroom discussions at the moment
and we have heard that Ruakura Port Development has had
an extra one billion dollars invested in the Prime Minister
announced yesterday. So things are happening in the background. We're

(31:55):
setting up the conditions for a more positive investment environment,
including you know, opening ourselves up to more market lead
proposals and initiatives, and for Monday also having gone in
to invest New Zealand to really have our shop frontage
to actors, the continued servers for New Zealand for those investors, well, the.

Speaker 3 (32:15):
Hope we get more details of the budget apreciated very
much Michelle and the Cormack, which, of course is why
we have budgets otherwise that just announced it on the day.
She's the policy director at the Infrastructure New Zealand. The speech,
by the way, was quite a good one. I watched
it live and these are the numbers we need to
get out more often. His argument was it's not new,
but his argument was can we borrow more? Of course
we can. Would that be a nice little sugar hit, Yes,

(32:35):
it would. Would that be good for the government and
the poll's fantastic? Bring it on, Except we can't. And
what the last government did was add another sixty thousand
dollars of debt to each and every single household in
this country. From where they started to where they ended.
They added sixty thousand dollars of debt to every single

(32:56):
household in this country. And if you think you can
live like that, you're dreaming. Past seven past g semi
related matters got some movement on the issue that's turned
up in housing townhouse overheating. So the construction minister is
going to change ventilation requirements for new builds. Overheating because
of poor planning has become a real thing now. David
Whitburn is a developer and investor and he's well, there's David.

(33:17):
A very good morning to you.

Speaker 5 (33:18):
Good morning.

Speaker 3 (33:19):
Seems as am I being unfair? It seems very hard
to believe. I mean, it's not like we started building
houses last Wednesday. How is it we're still building houses
that don't work properly?

Speaker 5 (33:28):
The throwback to when my grandfather was building, we'd have
the gable vents and we'd have a few gaps and
the floorboards and houses could actually breathe properly. These days,
unfortunately the houses are tied there. It can get a
bit cooked alive because the ears simply not circulating. We've
got small eggs with so particular in the north and

(33:49):
western facing the windows. We're having some real problems. So
sometimes Minister Chris Pink's quite correct that people are getting
cooked alive in their own homes with some design challenge,
just with houses are simply not breathing properly.

Speaker 3 (34:03):
Is this design or cost? Is it driven by cost?
Therefore you get the problems on design or is it
we just don't know how to design ours properly.

Speaker 5 (34:11):
It's a bit of both, Mike. We have some design challenges.
We're not forced to do this. The building code has
changed in terms of what you alluded to with those
H one rolls. We've got to make sure that we
get the insulation standards correct, but there's been no changes
to the ventilation aspects of it. And then the cost

(34:33):
drivers are there where developers are trying to minimize their
costs and as a result, a few things go and
a lot of people want to have the large windows.
Then they don't give too much thought to how your
tenant's going to feel and what's it like at thirty
degrees at nine o'clock at night when you're trying to
get to.

Speaker 3 (34:50):
Sleep in summer. Is this a real issue in terms
of there are vast swathes of townhouses out there with
the problem or is this a little bit of an
urban myth.

Speaker 5 (35:02):
No, this is a genuine issue. I did a development
finishing it just a couple of years ago, seventy four
terraced houses in west Auckland, and some of them that
do have north or northwest face it do get rather
warmer in there, so it's one that I think can
be addressed with active ventilation. The healthy homes stands only

(35:24):
deal with the living room. There's nothing in the bedrooms,
and potentially we can deal with this with active ventilation,
but there can be some design having breathed build building
papers to do. This is a genuine issue, and I
am aware from a niece that's fainted in one of
her property's what's in the property she's rented as well.

(35:45):
The temperatures of the air can simply just be too
hot and there's a genuine problem that needs to be
addressed well.

Speaker 3 (35:53):
On David Nisensite appreciated very much. David Woodburne, who's a
professional property developer and investor. Thirty minutes past seven, hard game,
going to do an interview with the Minister of Building,
the Minister of Construction or however many minutes and Minister
of Hammers, Minister of screws, and go how's the building going.
I're going to tell you what, Mike, We've nailed it.
We have got it. No pun intend now no no,
I said no, I said no pun intended Mike, New

(36:14):
Zealand Rugby. I've got bigger worries than dollars, Massive boys
drop and hidden is hidden by the girl's increase, massive
Polynesians and mainly Rugby is boring. I work in a boys' school.
They love the Wars, the NFL, the NBA, the f ONE,
the EPL, the mountain biking. Rugby is a distant last.
You raise an excellent point and one that was raised
by David Kirk, the chairman yesterday. He said money's one thing,

(36:35):
participation is another, and we're just not getting the people
playing the sport. But we'll tackle that once again, No
pun intended with Mike Robinson after seven thirty thirteen past.

Speaker 1 (36:48):
The Mike Asking Breakfast Fall Show podcast on iHeartRadio powered
by News Talks.

Speaker 3 (36:53):
At B Tim and Katie. After sixteen past seven. The
white smoke went up. At about a little bit after
four this morning, our time Catholic Church had elected the
new Pope, His Leo. I should also like to thank.

Speaker 12 (37:08):
All my.

Speaker 6 (37:10):
Cardinal brethren who have chosen me to be the successor
of Peter and to walk with you as a united church,
always seeking peace and justice, seeking to work with men

(37:30):
and women who are faithful to Jesus Christ without fear,
to proclaim the Gospel to be missionaries.

Speaker 3 (37:41):
So they like that. The bloken he is an American, of course,
the bloke, the other American who thought he could be
pope there for a while. He's pretty stoked to have from.

Speaker 2 (37:51):
The United States. American.

Speaker 3 (37:53):
That's a great day, great day for America. Joemican is
back from Vaticans of the morning. Joe, good morning, Mike. Mean,
that's not your first rodeo. When the smoke came out,
what was the vibe? What was the buzz?

Speaker 22 (38:06):
Oh?

Speaker 23 (38:06):
I have to say it was absolutely exciting and riveting
and spectacular at the same time. There were huge cheers
in the crowd. The bells that Saint Peter's started ringing.
People started running from across the city and it was
an incredible atmosphere. People from all over the world, lots
of different flags. I saw Brazilian flags, Australian flags, German flags.

(38:30):
It was just an incredible atmosphere because we knew that
there was a pope, but we didn't know who he was.
We had to wait an hour for him to step
out onto the balcony.

Speaker 3 (38:38):
Exactly the fact they got there in three That could
have been worse. With your sleeping bag, you could have
been there for days, but it wasn't too bad.

Speaker 23 (38:45):
Yes, I think that's a surprise in some ways that
this is a candidate, this new Pope Leo the fourteenth,
is a candidate that appealed to both the progressives and
the conservatives. And from what I'm reading, he seems to
have drawn the Latin Americans on side because he spent
so much time as a missionary in Peru, and that

(39:06):
block of voters I think really made a difference. Also,
of course, he's an English speaker. Many of these cardinals
from Africa and other parts of the world don't feel
that comfortable in Italian. I think he was probably able
to communicate to them and that probably made a difference
as well. So it looks like from his message on
the balcony today, he's really talking about peace and maintaining

(39:29):
that message of Pope Francis reaching out to all corners
of the earth and trying to include create this inclusive church.
But at the same time he did say a prayer
in Latin. I think that also sends a message to
the conservatives. And it was interesting to see what he
was wearing. He was looking very elegant in very traditional robes,

(39:50):
and I think that's all sending a message that this
pope might look a little bit different to Pope Francis.

Speaker 3 (39:54):
As regards that balcony, Does he have a little Jennet
saquire about him or not?

Speaker 12 (40:00):
Look.

Speaker 23 (40:00):
I thought he looked very emotional on the balcony tonight.
We could see his eyes and he was sniffling a
little bit. I don't know if that was analogy. There's
a bit of analogy around Rome at the moment.

Speaker 12 (40:09):
No.

Speaker 23 (40:09):
I think he looked quite emotional on the balcony and
really nervous about facing the world for the first time.

Speaker 3 (40:18):
Not surprised, and at sixty nine, you'd beck him for
a long haul, wouldn't you.

Speaker 23 (40:23):
That's right, And I think it's also significant that they've
chosen someone who is perhaps going to galvanize American Catholics
in particular who've seen the impact of those sex abuse scandals.
In fact, one of the clerical abuse defense groups today
put out a statement saying he's unacceptable because he failed
to take action in Chicago against allegations against a priest there.

(40:47):
So we might hear more about that in the coming days.

Speaker 3 (40:50):
I suspect we will Joe go well, but after nine
in Betican City, in the sim Peter Square This Joe
mckinner aut of itally need to make the week in
a moment. Seven twenty.

Speaker 1 (41:01):
The Mike Hosking Breakfast Full Show podcast on Aheart radio
powered by News Talks.

Speaker 3 (41:07):
EP Jim Accody after it, We're going to play fun
game this morning. They don't know that, but I made
up a game this morning. I'm going to play fun
game with them. It's a game I invented and I'm
quite looking forward to it. Seven twenty three. It is time, though,
in the meantime, to make the week, the little piece
of news and current events that's as insightful as Warren
Buffett in a contemplative mood over an icy cold Coca

(41:28):
Cola elbow eight better than anyone, and I suspect even
he expected Nigel Faraj eight dude, better than anyone, and
I suspect even he expected Trump six. You see the
new and improved Oval office, between the redecorating tips, the
movie move, the GDP game backwards Carnee, the error announcement,

(41:49):
whatever that is. Are the deals he wants to do.
The deals he doesn't want to do. His withdrawal of
another nomination, defunding of the public broadcaster is outrage over
the Emmy nod for the interview. He's suing over planeloads
of illegals to Syria. Lord knows how many court case
And that's just this week. Have you ever seen a
more omnipresent international player? Harry too, I want reconciliation, but

(42:09):
I might write another book. Is he the thickest royal
you've ever seen? Parmeerston North six? The Phizzy vote that
went nowhere? Good on you get out of people's lives?
The egg forecast eight, Everything bar logs looks to be
going up. The dairy auction nine, it's almost ridiculously good.
The jobless rate six. The good news is it might

(42:31):
well have peaked. Let's hope so pay Equities six because
it at least in part, tries to make sense of
a muddle made up by do gooders who got hijacked
and forgot the common sense along the way. Oh and
by the way, they used our money to do it.
Erica's email too, that was the biggest waste of time,
pile of nonsense of the week. New Choppers seven. Like

(42:53):
Judith so eloquently said, we are going to turn up
like a real country. Adrian or's farewell.

Speaker 20 (42:59):
For.

Speaker 3 (43:02):
That's a statement the saddest thing you have ever heard.
Six thousand bucks for water juice and biscuits sketches eight
at nine billion dollars proves rudeness. There's no barrier or riches.
Now that is the week copies on the website, And
it is not true that small pieces of old marking
the weeks were found in some school lunches this week
skiing Mike HII. Kids are smarter? Do you know what, Grant.

(43:25):
I'm not sure that it'll partially be the story, but
I refer you once again to the bit of work
I saw from Carlos Signs, the IF one driver and
Tom Brady, the former NFL player, and he strolled into
what in many respects could be seen as a fairly
controversial area. He talked about the they've got a massive
HIA issue in American football and there's tremendous number of

(43:45):
lawyers and billions of dollars being written out. His argument
was and why he stayed so long, and because Carlos
asked him about this way he stays so long. He
stays so long because he enjoyed it and he believes
that the way you treat yourself, your body, your mind,
how you perform present yourself to the world has got
a lot to do with longevity. And he strolled into

(44:06):
this area saying that there's a lot of talk about
these hias and head injuries and contact sports. He believes,
and I think this is where he might have wanted
into verbally a little bit of trouble that if you
maintain yourself in a certain way you can avoid that,
because he argues, I was there for eighteen seasons, I
never got any problems. I got hit all the time.

(44:27):
To be fair, a quarterback doesn't get hit as much
as a front line or a defensive guy. But nevertheless
I got hit lots of times and nothing happened to me.
And I know thousands of bon, thousands of bon thousands
of players who never got a scratch at all. And
therefore there are some people who are going through dreadful trouble.
But that tape is well worth having a look at
to see at least what you think about a couple
of high performing individuals. And I'm always into high performing

(44:49):
individuals and how they conduct themselves and run their lives.
Mark Robinson, is that an interesting segue. I think it
could be to the rugby So they're making more money
than they ever have. Literally, there is more money than
they've ever had piling on the door, and yet they
still managed to lose money. How is that possible? And
speaking of high performing individuals, a New Zealand company that

(45:09):
I alluded to yesterday that I knew nothing about that's
gone out into the world and won a gold medal.
What do they do? How do they do it? How
big could they be? Dan Wallace as your inventor, he's
with us before eight as well. You're on the mic
Hosking Breakfast.

Speaker 1 (45:25):
New Zealand's voice of reason is Mike the mic Hosking
Breakfast with a Vita Retirement Communities, Life your Way news
tog said, bea while.

Speaker 3 (45:35):
As fascinating guy started a company called Valcuro, and I'll
tell you what he does, how he doesn't, why he's
been so successful. Shortly meantime, back here at twenty three
minutes away from the third year in a row, the
New Zealand Rugby Union's lost money. This time it's nineteen
point five million. They have rolled out plenty of defense.
There's record revenue coming in. Good reserves. Of course, not
a cash loss. But a loss is a loss. So
what's the plan. Mark Robinson is the NZ boss and

(45:57):
he's with us. Mark, Good morning boarding Mike. When do
you stop losing money?

Speaker 8 (46:03):
Well, the other question could be, you know, when do
we sort of out how about we do with my question?

Speaker 3 (46:10):
When do you stop losing money?

Speaker 8 (46:11):
Well, well, we're always working towards a break even or
better position, and that's what we've achieved this year. You're
right in your intro and saying that. Put aside and
look at the adjusted result. If not for the investment
choice we made three years ago, which the whole game
agreed to when we did Project Future, and then a
late swing and effects right at the end of the year,

(46:32):
we were at to break even. So the model is
improving if you look at the last or four years.
If you take the three years and the year before that,
we've generated over over a billion dollars. And if you
put to side, the investment was made over forty million
dollars into shoring up our stakeholders, so direct investment into
the players, provincial unions, superclubs and all our other partners.

(46:56):
And you look at the investment was made into the
digital and content space and this effects shift. Like I say,
you put that to the side. The deficit's been just
under six million dollars as an operating business across that time,
so you know you have to take into account the
fact here, Mike, when you look around the world, especially
in rugby, a lot of these losses are just straight

(47:16):
on sort of keeping lights on and getting the groceries
and all the basics. We are actually making choices to
make investment and growth for the future here and you
can see some green green shoots coming through as it
relates to Toyota signing this week. We hope some've got
some other announcements in the next few months around partnerships, So
are definitely signaling now that our improved reach digitally, both
domestically and internationally is starting to pay dividends.

Speaker 3 (47:39):
So it's a top of the replacement for ANYS in
terms of dollars.

Speaker 8 (47:44):
Look, the properties are different, aren't they. So we've got
Toyota coming in as a partner on our training kit
and we are working through a potential partnership on shorts.
So any I's had both of those properties so to.

Speaker 3 (48:00):
A deal or you can't say that on the rest
of it.

Speaker 8 (48:03):
And we're working. We're always I think I've said this
through the discussions of any of us in the first
quarter of the year. We are always having conversations with
partners be they existing ones, and making sure those relationships
are really strong and with the possibility of increasing and
improving those in terms of value or potential new ones.
So that's you know, that's the case. And as I say,

(48:24):
i'd i'd like to think in the next little while,
we've got more to say as it relates to those
other properties.

Speaker 3 (48:29):
Have anybody that you can announce this year, Well, that's
what we're working on. Yeah, and we're working on you
don't currently don't. I'm just trying to work out how
hard to go to the international market to get an
international name, to get on the front of an all
black jersey, and whether or not there's it's slim pickings
out there.

Speaker 8 (48:49):
Well, I think by the fact that we've been able to,
you know, find Toyota as a partnership is a strong
signal that the interest is really strong. And I said
that right through you know, from January onwards, I've been
signaling that that is evidence of that and there will
be future announcements may soon. I just can't put an
exact date on those minds.

Speaker 3 (49:09):
The money, here's my concern, and I don't have a
vested interest other than being a fan. When you're bringing
in more revenue than you ever have, which you are
so well done, and you're still losing money, something's broken.

Speaker 8 (49:23):
Yeah, And we've been also very clear around that too,
And the conversations we've had for several years now is
that as the business grows and the scale increases and
revenues can continue to lift, of which we're confident of
continue to achieve, the fundamental funding frameworks we have around

(49:44):
the game need to be looked at. So that's what
this next six months is about. We've always signaled that
this is the year to try and look at the
way our funding agreements work with provincial unions, it was
the players, and through this course we have a whole
lot of things lining up for us to be able
to do that where those agreements come to an end
and need to be looked at. So look, we've had
a great couple of days in Wellington where we did

(50:06):
have all those stakeholders I just mentioned and others in
the rooms and that we were having meetings in and
we had some really good conversations about what the next
six months could look like, and I think the game
is aligned about the possibility.

Speaker 3 (50:17):
If we can do that, then we're going.

Speaker 8 (50:19):
To be in a fantastic space going forward.

Speaker 3 (50:21):
In simple terms, you said yesterday, we need to have
a financially sustainable model. Do you have a financially sustainable
model as you sit and talk to me right now?

Speaker 8 (50:33):
Breaking up?

Speaker 2 (50:33):
My got you, Mike?

Speaker 3 (50:35):
Do you have a financially sustainable model as you sit
here talking to me right now?

Speaker 8 (50:40):
Look, we've got a lot of work going on to
be able to present to the board the end of
this month on what the model could look like, and
it could take a whole number of sort of shapes
and sizes and all that sort of thing. But then, ultimately,
as is the beauty of sport and national sporting organization,
this is all about partnership and consensus eventually, So we

(51:02):
have to be able to get back in the room
with our stakeholders and partners and be able to work
through those models with them. So yeah, I mean there's
loads of ideas as to what the model could look
like and we just have to take our time and
work through this. Okay, So the pointers might be enough
revenue in the game, and we're continuing to drive revenue.
It's just how it's a portion and allocated. And that's

(51:23):
why having a strategy that we clearly articulated to stakeholders yesterday,
aligning with that strategy where everyone can see themselves in
that strategy, and then allocating resource on that basis and
a sustainable model is the key.

Speaker 3 (51:37):
Appreciate your time. Mark Robinson, who is the New Zealand
Rugby CEO.

Speaker 13 (51:47):
How did your line break up?

Speaker 2 (51:48):
Just there?

Speaker 3 (51:49):
More to so shortly seventeen too.

Speaker 1 (51:52):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks a B.

Speaker 3 (52:05):
Mike that dickhead didn't answer a single question, and eight
hundred other texts say basically the same thing. The words
like Adern is in there channeling a Deern, Mike. You
obviously haven't been listening. He's been signaling quite clearly for
quite some time about everything. So everything's okay. Yeah, So
if ever you wanted your answer to is what's wrong

(52:27):
with New Zealand Rugby?

Speaker 2 (52:30):
That was it.

Speaker 15 (52:31):
Now?

Speaker 3 (52:31):
Can I congratulate a couple of councils here, First of all,
Palmerston north Well done on the fizzy drink vote this week,
get out of people's lives. I'm not a fan of
fizzy drink. I don't like fizzy drink. We shouldn't drink
fizzy drink, but we do. But that's up to us,
it's not up to council. So they were having a
vote on whether or not at local council facilities they
should be selling fizzy drinks. They decided we're not in

(52:53):
this business, so they did good, well done. Congratulations Gismond Council,
Well done. Congratulations. District Council voted to scrap restricted alcohol
rules within the town center. I'm not a booze heead.
I'm not a booze hag. I don't like to go
to a pub on a Friday night.

Speaker 13 (53:07):
You're just a haggard guy.

Speaker 3 (53:11):
Just a haggard guy. So but each to their own
and if that's what they think will fizz up the
downtown area of Gisbon, go for gold and all the
wowser's two thirds of submissions and this is the problem
with submission submissions. Just because people submit as often as
not indicates their level of boredom in life or a

(53:31):
professional bent that somebody is paying them to submit Allah
Health New Zealand on McDonald's in Wonaca. So just because
two thirds of submissions are pose anything, you'll always find
people are posting so gisbine, congratulations, well done. One more
three councils in a week. I'm exhausted by it. Katani District.

(53:52):
We are not an airline. And this goes back to
Greg four and yesterday and as much heat as you
want to put on Greek four and an Air New
Zealand for the regions and what it costs in the regions,
et cetera. When they pulled out of Fakatani and eir
Chathams said we'll give it a crack. Air Chathams can't
make it work. So if er Chathams can't make it work,
who can make it work. No one can make it work.
We're just too small. There aren't enough people. So air

(54:13):
Chathams go to the council and they go, can we
please have some money, to which the mayor goes, we
are not an airline. Congratulations to the council. Because you
are not. You have agreed to weigh the airport fees
for the next six months. I have no idea whether
that's a lot of money or whether it's going to
save anything, but there will be no other forms of
financial support. The airline has requested SAD for Fakatani, SAD
for air Chathams. But the council is not in the

(54:35):
business of writing checks with money. They don't have to
solve people's problems, the same way that Gismon Council isn't
in the business of telling you whether you want to
go downtown for a drink on a Friday night, the
same way the Palmestan Council isn't in the business of
you buying a can of Coca Cola or not. Three councils,
three quality decisions. It's been a good week.

Speaker 1 (54:53):
Tend to wait the mate Hosking breakfast with al Vida
Retirement Communities News togs Head b.

Speaker 3 (55:00):
Away from My good news story from a couple of
Keipi entrepreneurs out of Tarron and Dan Wallace Anthony Clyde.
They've gone on one gold at the thirty third annual
China International Bike Fair showcasing their super light carbon New
Zealand bred E bike. Anyway, the company is called Bell Duro.
Dan Wallace is in China and he's with us morning.

Speaker 24 (55:16):
Good morning, Mike, How are you very well?

Speaker 3 (55:18):
Congratulations on the gold medal. How crowded is the e
bike field at the end that you're at?

Speaker 24 (55:25):
So the China Bike Fair is mind blowing. It would
take you about three days to walk the whole thing.
We went up against six hundred different bikes with our
e gravel product that we put in. We put it
in February in the hope that would have some recognition,
recognition and to kind of put New Zealand on a

(55:46):
bit of a stage, and then arrived on Monday and
then found out that day that we had won an award.
We actually thought we had won a mention of an award,
and then we actually ended up winning gold. So I
got to stand up on stage as the kind of
European surrounded by some pretty big leaders in the industry.
So absolutely amazing, rarely really mind blowing.

Speaker 3 (56:07):
Did you know going in that what you produce is
world leading? Or is the market so crowded you've got
no idea what's out there?

Speaker 24 (56:15):
The market is huge, so to give you some context,
trying to produce US four hundred and seventeen million bikes
per year, so it's hugely crowded. But the difference with us,
we have a point of difference is that we have
a relationship and a partnership with a motor company called Dji,
and that gives us a bit of a point of difference.

(56:38):
And if you follow anything in the evoke world, Dji
launched about eighteen months ago and they've just kind of
disrupted the industry, blinded away. So we knew that we would.
We knew that we would there be eyes on us.
We have used top designers and top frame factories and
collaborators of leading industry experts and you know, we literally

(57:01):
only had our bike in New Zealand being reviewed by
New Zealand Cycle Journal one week before we arrived in China,
and so they gave it a really an amazing review.
So we knew we had something, but I was not
expecting gold to be honest.

Speaker 3 (57:16):
So what do you do now? Because this are you
local or have you been local? Or international? And if
you are international, can you scale up and produce or not?

Speaker 15 (57:25):
Yeah?

Speaker 24 (57:25):
Absolutely, So the company was founded kind of end of
last year by there's two Kiwis in it and our
trying to partner as well that we've been we've all
been in the Ebach industry for some of us up
to eighteen years. So what happens now essentially is so
that what we won the award for was our e

(57:46):
gravel bike. We have two variants. I'm actually bringing back
a couple of bikes with me into New Zealand and
production has started for that. We've wanted to prioritize New
Zealand first, so the first you know production bikes are
available will be available to New Zealand first. What happens

(58:06):
at like a trade show like this is you get
multiple eyes on you from all around the world. We
ended up leaving with we've got about nine countries that
won our product. We also have three more products that
are being designed in the process over the next twelve months.
One is really exciting because it's a full suspension mountain

(58:27):
biat by bringing back a three D print of that
frame that we had on show in the show as
well the actual carbon frame arise on the tenth to
June and that gets heavily tested in New Zealand on
New Zealand terrain, New Zealand Riders, New Zealand Collaborations, media,
et cetera. And then if it all goes how it's
planned and how the designers have done it and what

(58:50):
we're expecting. Then that goes out to market as well.
So yes, it's amazing, it's unbelieved. Excited.

Speaker 3 (58:55):
Well, I'm very pleased to hear Dan. Good to touch
base with you, and good luck with it all of
the ol Duro is the company, have a look at it.
The websites cool apart from anything, the bikes are amazing
thirteen grand, so it's top end. You can get a
slightly scaled down version at eight grand and even cheaper
still you can buy a frame only and work there.
They'll explain it all on the website if your interest

(59:16):
in that. But that's yet another a bay of plenty
brain box doing well in the world, and I got
started to get interested in that. But when Luxon was
in Britain and he was talking about the Mount Montanui
company selling the sixty million dollars worth of military drones
to Starmer. So there's a lot going on in the
Bay where some good people are doing some good work.
But to be in China and do what he's doing

(59:38):
and winning these prizes is just yet another reminder that
there's a tremendous number of new Zealander's doing a lot
of good things that we don't hear enough about often
enough news for you.

Speaker 1 (59:49):
Next come the Mike Hoskame will be in Safeful, then
Gaging and Vital the Mic Hosking Breakfast with the range
Rover Villa design to intrigue, can use to sad.

Speaker 3 (01:00:02):
B comes back to the house with bloods, a bone
and its mouths.

Speaker 1 (01:00:16):
But about it health and doesn't know.

Speaker 3 (01:00:21):
You'll never up Elton John. It is car Seat Headrest.
That's the name of the band, car Seat head Wrest.
The album is called The Scholars. He's called Will Toledo,
and his early car Seat head Wrist recordings were charming

(01:00:46):
in their wobbly sound and tentative performances. I am led
to believe because obviously I've never listened to this before.
This is part of what they term a rock opera.
Most of the carric does the students or faculty at
a fictional university. It's sud what you said. I mean,

(01:01:08):
obviously it's crap, but it's nine tracks. Some of the
tracks are lengthy. Planet Desperation is eighteen minutes and fifty
two seconds long, and that's not the worst of it.
So in total, there's value for money here. There's now
ten and thirty one over the nine tracks.

Speaker 2 (01:01:26):
But really, I.

Speaker 3 (01:01:29):
Can't be seen to be endorsing something like this.

Speaker 1 (01:01:32):
A week in review with two degrees bringing smart business
solutions to the table.

Speaker 3 (01:01:37):
But we are very excited to have on the program.
Tim Wilson, Kate, Hawk's be good morning, good morning?

Speaker 2 (01:01:45):
Oh as hello Kate.

Speaker 3 (01:01:49):
It really can't be that hard, can it cannot be
that hard? Just get her on the phone, give it
up this technology here? Oh hello, oh, here we go.
Let's have boomer time.

Speaker 11 (01:02:02):
I disappear again.

Speaker 3 (01:02:04):
That's correct, that's correct, you do? Oh for goodness say
I know? For goodness? No, that's okay, no problem, no
problems at all, now do you? First of all, we
need to welcome to have you tuned in this morning?
K you to one O five point four FM five
point four. What's that one of the country station? That's

(01:02:24):
a new country Well done, Tim, welcome to the party.
That's a new course. No not, of course, you didn't
have a clue what I was talking about. So one
five I know that you've got a new country station.

Speaker 2 (01:02:34):
I know that there's a new cap.

Speaker 14 (01:02:35):
Why are you promoting a station you're.

Speaker 22 (01:02:37):
Going to be doing, you're going to be doing midnight
to dawns on this.

Speaker 3 (01:02:40):
I'm doing more than that. Tim. I'm the program director
for the station because the boss came in last week
and I did have an argument, and you hate me
raising this, but but I've got it. I've got to
bring it, bring it to the public's attention. So they're
starting the country music station. I've tried to start a
country music in the station in this country for years
because everybody knows how big country music is, how successful
it is, so there's a revenue generation mechanism here all

(01:03:01):
day long. So we said me, have finally decided to
start this country music radio station.

Speaker 2 (01:03:06):
Now.

Speaker 3 (01:03:06):
For now it has no people on it, no AD's
just music, country music. And so I go to him
one and I just plugging my stick and I country
stick it and he goes because this is better. Now,
that's a big that's a big call. That's a big
call talking to a person who knows no one knows
more about country music than I do. And I said, well, well, well,

(01:03:28):
well well pick that up.

Speaker 2 (01:03:29):
But you keep going.

Speaker 3 (01:03:30):
What do you think you know more more than country
about country music than I do?

Speaker 2 (01:03:34):
Okay? Who right? And saying, you don't have to call.

Speaker 3 (01:03:35):
Me Darlin, Darlin. Good question.

Speaker 22 (01:03:37):
Who was that rebel country and Western singer David allen Coe'.

Speaker 3 (01:03:43):
That's on the hot list. Don't you worry, that's on
the hot list. In tripe seventeen seconds and three minutes,
eleven seconds long. I know all of this. Don't don't
come to me at the country music so anyway, anyway,
so I said, you don't know more about country music
than me. Tragic. I'm going to be the programmer. So
I'm the new programmer for the iHeart country station now

(01:04:04):
for people around the country that aren't in let's pick
a place, Timoru. I don't have a frequency yet for
you and Timuru. So it's on iHeart. So you go
to the.

Speaker 2 (01:04:14):
App, right, we'll check it out over the weekend.

Speaker 3 (01:04:18):
We'll have to report back. It's going to be fantastic.
I think it's I think it's going to be brilliant.
I don't think it's going to be Is.

Speaker 14 (01:04:24):
It just mainstream country like you can hear on any
mainstream radio station at the moment, or is it a cliktic?

Speaker 3 (01:04:29):
What a very good question, caller country. It's going to
be the sort of country music that you didn't think
you'd hear that you want to hear and would go
there will be, It'll be surprise and delight.

Speaker 13 (01:04:40):
Do you think it'll be more popular or less popular
than your Mike Hosking on demand snooker channel that you started.

Speaker 3 (01:04:48):
Which is the other reason I've got into programming country
music because my snooker venture was nothing short of a disaster.
And so you have Chapel.

Speaker 14 (01:04:58):
Rohan's country song on there, or are you going to
be a snob about it?

Speaker 3 (01:05:01):
No, Beyonce, we had a meeting about that the other day,
the executive and I and we're opening, but Chapel Royan.

Speaker 2 (01:05:09):
What did the whiteboards say?

Speaker 3 (01:05:10):
Kaylee Bell yes, Willie Nelson yes, Nancy Griffith yes, Waylon
Jennings yes, Luke Combs.

Speaker 2 (01:05:18):
Yes, yep. M. Here's the deal about country and Western though.
You don't have to worry about demographics.

Speaker 22 (01:05:24):
So you know you got, for example, stations for millennial,
stations for boomers, stations for gen z, et cetera. You
go to Luke Combs concert, you see everyone there. You've
got young people screaming the words out, You've got you see,
you've got doggies.

Speaker 3 (01:05:40):
But turned down, I as programmers. Program obviously already knew
all that. But because I'm on a four day week,
you can be my assistant programmer because you come to
the party with knowledge and I like it.

Speaker 2 (01:05:53):
You're a week.

Speaker 3 (01:05:57):
Do you want, Katie? Do you want a job on
the station?

Speaker 2 (01:06:01):
Yanks, I'm good?

Speaker 3 (01:06:02):
Do you want to be the station point? Give us
a sixty, give us give us a good goo. The
iHeart Country, insid iHeart Country in zeid Auckland one oh
five point four. Give me one of those.

Speaker 14 (01:06:13):
No, but it's going to need a bit of a yeehah,
isn't it. It's gonna need a bit of country.

Speaker 3 (01:06:18):
No, it's not, because it's sophisticated urban country music. So
give us a my Heart Country INSI I Heart Country
and the Poach going Auckland one of five. You've got
to have doggiesss one point seven.

Speaker 13 (01:06:30):
M what is it?

Speaker 14 (01:06:32):
Ninety one point seven?

Speaker 13 (01:06:34):
If that's not that's not the.

Speaker 19 (01:06:43):
Meta.

Speaker 3 (01:06:43):
Now it's the big picture. We're running more in a moment.

Speaker 1 (01:06:46):
Thirteen Past Days The Mic Hosking Breakfast Full Show podcast
on iheartradiow it by News Talks.

Speaker 3 (01:06:54):
It b ne Just Talks. Sixteen past eight.

Speaker 1 (01:06:57):
The Week in review with two degrees, fighting for fear
for Kiwi business.

Speaker 3 (01:07:02):
Glynn Campbell Yes, Dolly Parton, question Mark, Yes, Emily Harris,
question Mark. Yes, A good morning, Mike. You should go
get the CEO job of the New Zealand Yard. Have
them humming by lunchtime. I reckon, but I'm busy at
the moment programming country music stations. Now, do you guys
want to play a game?

Speaker 7 (01:07:18):
Did you come back in the game? I?

Speaker 16 (01:07:21):
Okay then?

Speaker 11 (01:07:23):
Or not?

Speaker 3 (01:07:23):
Really so much fun?

Speaker 14 (01:07:24):
Is it snooker related?

Speaker 3 (01:07:26):
Nope? So the report came out this week. My friend
Mike Casey, who runs Who Grows Cherries and runs Who's
Big on Electric, was part of a report called It
was a report called the Machine Counting Report, which was
a ridiculous name for a report, but also at seventy
five pages long. So they've gone interactive after my criticism

(01:07:47):
of the report, and it counted how many machines there
are in this country that run on petrolis.

Speaker 14 (01:07:52):
Already sounds like a really unfun game.

Speaker 3 (01:07:56):
Okay, So are you going.

Speaker 2 (01:07:59):
To ask can you come back from that? Mike?

Speaker 3 (01:08:01):
I'm just coming to well one game. No, No, I
can't come back. I can't come back. I've got the
rugs pulled out from under me. So obviously the report
contained the most petrol and guess run machines in the
country to my what cars? Correct? Well done. Now that
wasn't part of the contest. See how much fun it is, Katie?

Speaker 14 (01:08:25):
Fun for Tim because he.

Speaker 3 (01:08:26):
Got a point, right, Katie, come on, come on, question question,
But you didn't want to participate. Now, what I'm going
to do is I want to play.

Speaker 14 (01:08:37):
Country Station Country Station.

Speaker 15 (01:08:42):
Now.

Speaker 3 (01:08:42):
They're in an ad break at the moment, right, So
I'm going to ask you one question for prize money.
The prize money is seven and a half thousand dollars,
either for yourself or for the charity of your choice. Okay,
I'm going to see much interesting. Eh here comes the
money and Kate, he turns up at the party. I'm
going to ask you how many are It's.

Speaker 14 (01:09:03):
Not true you're always promising money and that's never coming.

Speaker 13 (01:09:07):
Right.

Speaker 3 (01:09:08):
So for you and Katie, if you can tell me
how many to the nearest thousand jet skis there are
in this country? Seven and a half thousand dollars is yours?

Speaker 2 (01:09:20):
Oh?

Speaker 14 (01:09:21):
Seven and a half thousand?

Speaker 2 (01:09:23):
No, wait, there'd be more.

Speaker 14 (01:09:25):
I think we're a big jet ski country. Oh gosh,
this is hard. Twenty five thousand.

Speaker 3 (01:09:32):
Okay, that's your answer, twenty five thousand. Now do you
want to, Tim go for the jet ski number or
do you want me to come up with a completely
different product.

Speaker 2 (01:09:41):
Now, I'll go for the jet ski number.

Speaker 3 (01:09:43):
How many jets sizes in this country are there? Tim?

Speaker 22 (01:09:47):
Seventeen and a half one.

Speaker 3 (01:09:49):
Thousand, Yes, seventeen and a half thousand. I'm going to
give you one more question, and I'm going to up
the prizes to ten thousand dollars. I wish it was
real prizes. They are real prices, real money, they are
real prices. How many Katie Ye leaf blowers are there

(01:10:09):
in this country?

Speaker 2 (01:10:11):
Oh?

Speaker 14 (01:10:12):
Excluding the ones in your own garage?

Speaker 3 (01:10:14):
Um?

Speaker 14 (01:10:15):
Hm, leaf blowers.

Speaker 2 (01:10:18):
That's a try.

Speaker 14 (01:10:18):
I don't know that we'd be a big leaf blowing population,
to be honest.

Speaker 22 (01:10:22):
Oh, I reckon, we're a huge leaf blowing population.

Speaker 3 (01:10:24):
I want to go blowers or a separate machine. Tim, No, No,
I'll do leaf blowers. And I'll say thirty five K
thirty five K? Right, Okatie, what's your number?

Speaker 14 (01:10:35):
I reckon? Twenty thousand leaf blowers? In your voice, Katie,
and so you, Katie, I don't think we're completely out
on all these numbers, because this is so random.

Speaker 3 (01:10:47):
And this is what about and this is what has
made this game so interesting, because one you got involve
kating in a way that I hadn't heard you excited
about for well all twelve years of our marriage. The
answer on the jet skis is, Katie, you're twenty five
was significantly out, and tim yours was even further out.

(01:11:07):
There are ninety three thousand jet skis in this country.

Speaker 1 (01:11:11):
Wow, whoa.

Speaker 3 (01:11:12):
However, we got a lot of toys. How change my
leaf blower answer? No, you cannot reckon there are a
fewre leaf blowers.

Speaker 14 (01:11:19):
I think leaf blowers is I mean in some suburbs
you see a lot of them. I reckon in some
suburbs that you wouldn't go near a leaf flower.

Speaker 3 (01:11:25):
You are correct, You are correct, not not prize winningly correct,
but correct ish. So Katie at twenty not bad, but
amiss him at thirty five dangerously close to being the
big prize winner today. Thirty was the answer, Wow, you

(01:11:46):
were five, you were five thousand out. Now to end
the segment, hand on heart, was that more fun than
you thought?

Speaker 22 (01:11:55):
Not?

Speaker 15 (01:11:56):
At all.

Speaker 14 (01:11:56):
I would like to remember that I'm going straight on
country station.

Speaker 3 (01:12:02):
Okay, go to the country station. What what whatquen out
of the country station on Cody?

Speaker 2 (01:12:07):
I don't know.

Speaker 14 (01:12:08):
Is it one oh something one o four five?

Speaker 3 (01:12:10):
Close enough for us? It is eight twenty two.

Speaker 1 (01:12:14):
The mic asking Breakfast with the Range, Rover Villa News
togs B good.

Speaker 3 (01:12:19):
Questions, Michael, I wanted to play your new station on
my Alexa? What would I say? I say, Alexa, play
Mike's country music station. See how that goes for you?
Let me know how it goes. How do I hear
iHeart radio Country in Alexander? Wells, My Heart's everywhere. It's
an app. It's like it's all over the place. So
you can you know, Mother's dake or the world eight
hours away? So you can spoil the mum by surprising
them with a gift from care Must Warehouse. So what

(01:12:40):
do they got? They got? Well, they're the real House
of Fragrances, so that helps. What can I offer you?
Elizabeth Harden pretty one hundred mills only twenty four ninety nine.
You don't want to leave it to the last minute.
You can check out the Kelvin Klein Eternity for women
that's one hundred meals forty nine ninety nine. Iache bright
Crystal thirty mills fifty four ninety nine. Maybe my one
wants to try the estay Lord of White Linen that's

(01:13:02):
famous sixty mels now just seventy nine ninety nine. The
Berbery Weekend for women that's good to forty nine ninety nine.
And you shop these fragrance office at chemist Warehouse, do
it and store, do it online, get a sorted for
Sunday In's Mother's Day, eleventh of May. This is a
chemist warehouse, the real house of fragrances. I'st get The
really interesting thing about the numbers is there are when

(01:13:25):
you talk about leaf blowers, only thirty thousand leaf blowers.
How come there are so many line trummers three hundred
and sixty two thousand, three hundred and sixty two thousand
line trummers versus seventy leaf blows. Don't you want to
tidy up what you've just done?

Speaker 2 (01:13:38):
Yeah?

Speaker 13 (01:13:38):
Well, they have these things called brooms.

Speaker 3 (01:13:41):
Well doesn't say brooms that they don't run on petrol?
Gary dealing with peture? Right, you think it's a lot
of bruis you think I'd find a tremendous number of brooms,
is what you're saying.

Speaker 13 (01:13:47):
Before I had my own leaf blower.

Speaker 3 (01:13:50):
Right, you had a broom.

Speaker 13 (01:13:52):
I had a broom.

Speaker 3 (01:13:52):
Okay, that's a good sounding life. That sounds fun. Your
house sounds a lot of fun. Guess how many welders
there are?

Speaker 2 (01:13:58):
Though?

Speaker 3 (01:13:58):
This is the most interesting thing. So only thirty thousand
leaf blowers? There are seventy nine thousand welders. I haven't
got one, and I thought I had everything.

Speaker 13 (01:14:09):
Is this residential or commercial?

Speaker 3 (01:14:11):
Is everything everywhere? The number of welders in the country.
There's not seventy nine thousand people in the business of welding,
so therefore there's a lot of domestic welders going on.
And how many ride on mohers twenty grand right now, Goglin?
How many right on mys go? Twelve thousand, not a
bad guess? Eight thousand? How many gyro planes six hundred

(01:14:37):
and thirteen eighty the gyro plans? Have you seen that
that's got a gyro?

Speaker 13 (01:14:44):
You see? If you're about it? Yeah, maybe it's just
the same one coming back.

Speaker 1 (01:14:46):
That is news, next, news, opinion, and everything in between.
The Mic Hosking Breakfast with Bailey's real estate, your local
experts across residential, commercial, and rural news and.

Speaker 3 (01:15:00):
Mike, I'd like to know where these figures come from. Well,
they come from the Machine Counting Report. Have been telling
you this all morning, the Machine Counting Report. Look it up,
it's online. We've got a welder still going strong after
thirty five forty years. We've got friends who have two welders.
The husband isn't allowed to touch hers. The husband isn't
allowed to touch hers. Oh, I see it's a he
and her welder. She uses it for sculptures, engineering for

(01:15:23):
end retired has two different welders, three households, five welders.
See what I think there that you've revealed is I
think if you've got a welder, you know other welders.
I think it's a welding community.

Speaker 13 (01:15:35):
And also there's different kinds. I mean, you've got your
spot welder, your ack welder.

Speaker 3 (01:15:39):
You know you know a bit about weldersn't any well,
I know that there's alder. Have you have you got
a welder?

Speaker 13 (01:15:46):
No? I did. I did engineering at school or.

Speaker 3 (01:15:50):
With a welder whatever it's called metal work.

Speaker 13 (01:15:53):
Yeah, I don't think I think we we'd progress past
metal work, old man, we know I was there.

Speaker 3 (01:15:57):
Well, I did metal work.

Speaker 13 (01:15:58):
Yeah, that's what I'm saying. I think we were a
little bit more revolved than that.

Speaker 3 (01:16:01):
I made my mother a key ring.

Speaker 13 (01:16:03):
But now it's probably called something like hard tech, isn't it.

Speaker 3 (01:16:07):
Yeah, we did would work. I made it.

Speaker 2 (01:16:09):
Hang on.

Speaker 13 (01:16:10):
Sam wasn't allowed middalwork, Holy did woodwork.

Speaker 3 (01:16:12):
No exactly, he went to a one of those schools.
But I made a pool table, pool table and would
work key ring in middlework.

Speaker 13 (01:16:18):
Did you have to spot world any of the.

Speaker 3 (01:16:21):
It's a funny thing you should say that. I don't
think we're allowed to. I think the teacher. You had
to give it to the teacher to do that part
of it. I may be wrong because I've never I
never remember wearing one of those cool helmets that you
have to wear when you do weld, and I would
remember that because I'm into that sort of stuff.

Speaker 13 (01:16:34):
So there's a welder, at least one welder, and every
mital work workshop, isn't there.

Speaker 3 (01:16:39):
That is true? Actually, so I shouldn't be surprised about
the number of wilders, is what you're saying. Twenty two
minutes away from.

Speaker 16 (01:16:44):
No International correspondence with Ends and Eye Insurance peace of
mind for New Zealand business.

Speaker 2 (01:16:49):
It is hard to.

Speaker 3 (01:16:50):
Believe the show hasn't won a mobile appliance for something.
The stuff that goes on on the show really blow,
would blow the mind of the committee who hands those
things out. Murray Olds, how are.

Speaker 2 (01:16:59):
You good morning, Mike? That discussion reminded me of the
time I took home, very proudly, took home a kidney
shaped coffee table for my mother that I'd made at school.
But sadly, one of the legs was a little bit
shorter than in the other two, and the first cup
of tea she put on collapsed under the carpet. So
I wasn't that popular in the family in Shadow Olds

(01:17:21):
when I took that home.

Speaker 3 (01:17:23):
We my pool table had one leg short or two,
and that obviously led to the balls rolling into the corner. Now,
let me talk to you a couple of quick things.
As far as the Greens are concerned, I saw yesterday.
I think they got one back in the end, didn't they?
Is it right?

Speaker 2 (01:17:40):
Yeah, there's one lower House seat and they've got the
balance of power in the Senate, so they had four
seats in the House of representatives. They were hoping for
a few more. Well their vote just collapsed and Adam
Bant the leader's gone. In fact, it's interesting, isn't it
that the two of the three major parties have got
brand new leaders coming up because Adam banst collapse. He

(01:18:01):
was railing against Peter Dutton and you know the climate crisis.
No one's listening. Well, no one's listening to you anymore,
Adam iber and you know the government under Anthony Albaneze.
He suggested very kindly that maybe the Greens took their
eyes off the main game by screaming about guards and things,
that if they settled down and just concentrated on the climate,

(01:18:24):
they may have had more traction. As it was, people
abandoned them as they did the Liberal Party.

Speaker 3 (01:18:28):
Mate, Yes they did. Now Susan lay has the backing
speaking of the Liberals, has the backing of Jeff Kennet,
Nick Griner and Barrio Ferrell. Is that good and is it?

Speaker 2 (01:18:37):
Well, let me sit the stage here. They are three
x New South Wales premiers and at state level and
that's part of the problem for the Liberal Party. The
New South Wales Liberal Party has been dysfunctional for generations
with the right and the left fighting each other for
the scraps of office. And now this is going to

(01:18:58):
spill over into the federal sphere. Don't forget. New South
Wales is the biggest stake, raises the most money, but
it's the most divided, bitter bitter, bitter fighting in there.
The right wing, the Conservatives in New South Wales call
the left and the Liberal Party the Linos Liberal in
name only. They say that much more at home with labor.

(01:19:19):
So this is now going to go down to Canberra.
You've got the two New South Wales MPs fighting now
to take over the leadership from Peter Dutton. Incidentally, one
story about Dutton this week arriving in Canberra to clean
out his office. There's nothing like yesterday's leader. So you've
got on the right hand side, you've got Angus Taylor,
the Shadow Treasurer under Peter Dutton. An absolute dud, an

(01:19:42):
absolute dud. His friend Sale is very clever politically, he
just looks it looks like he's got two left feet.
And on the other side you've got a female Susan Lee,
vastly experience. She's been in Parliament since two thousand and
one and she was Peter Dutton's deputy. The Liberal Party,
as we know, has got trouble with women. I mean,
it doesn't select any women winnable seats. It's running a

(01:20:04):
million miles from quotas. Let's put fifty percent of women
and oh we can't have that. So other fellows in
the suits. That's part of the Liberal Party problem as well.
So it's going to be bitter and nasty and you're
throwing into the mix. Just said to Price there, indigenous
senator from the Northern Territory. She was very happy in
the National Party until a minute ago. Apparently Angus Taylor
Ranger up and said, listen, you want to be my deputy,

(01:20:25):
will run as a unity ticket. Well, good luck with that,
because you cannot govern from the hard right of Australian politics.
You've got about three people and a brown dog voting
for you. That's all. You're going to have that right
wing echo chamber on sky News after dark. They all
believe each other, all seven of them in that little tent.

Speaker 3 (01:20:44):
Having said that, Jacenter Price, so she defects from the Nationals,
which is your country party, to the Liberals, which is
still the same party as part of the coalition so
you saw defecting from one bit of you party to
another bit of your party. That sort of seems weird.

Speaker 2 (01:20:58):
Well, she says, now, where's the quote, because I did
print off her statement. I feel the Liberal Party is
my natural home and somewhere I could perhaps better contribute
more meaningfully. I'm eager to fight for the best interests
of all australiaan as part of the coalition, but I'll
be more affective with this regard if I'm a member
of the Liberal Party. In other words, I can be
deputy leader of the Liberal Party if I jump ship.

(01:21:18):
She can't be leader because she's in the wrong house.
He's in the Senate.

Speaker 3 (01:21:21):
Yeah, no, exactly. But I'm correct in saying as far
as the Libs are concerned, they're country now in the
sense that Nationals country. But the Libs did okay in
the country. They didn't do downtown Melbourne, downtown Sydney. They're
not an urban party anymore. So how do you rebuild
from that?

Speaker 2 (01:21:38):
Well, that's exactly right. I mean, all those urban seats,
all the suburban seats of the metropolitan seats, they've only
got four seats. I wish I had my stats that
I had on earlier this week they are reduced to
a city rump. That's what you've got. You've got teals
in there in what we're formerly natural liberal seats. Labor

(01:21:58):
is now with my notes here, Labour's on ninety seats.
The Liberal Nationals are on forty. That's a fifty seats.
Amazing you've still got mate. I tell you it's a
two It's a two election cycle now before Labor's even
going to get look like getting kicked out unless they
implode with their own hubris and arrogance. You've got County
continuing in around twenty odd seats. But that is just

(01:22:20):
a staggering turnaround from a week ago. And I'm reminded
too with just Enter Price of that wonderful quote from
Shakespeare stars hide thy fires, let light not see my
deep and dark desires Macbeth. And that is exactly what
just Center Price is looking at. I think she can
become the first indigenous leader of the Liberal Party of

(01:22:42):
Australia and maybe Prime Minister.

Speaker 3 (01:22:43):
Interesting moves house super quick the because I mean, local
commissioners aren't of great interest. But I followed this one
for the reason that Karen Webb, she looks to the
police commissioner in New South Wales. She looked to have
been trouble from day one. So she's finally gone. Has
she been stabbed with that? She jump? Second part, is
you aware that Mike Bush and New Zealand are and outstanding?
New Zealand has got the police commissioner's job in Victoria?

Speaker 2 (01:23:06):
Yeah, I heard about mister Bush. I didn't realize his
deep and strong connection to the New Zealand police force.
Apparently he was down there for long, he was over
there for a long long time, right, Yeah, a safe
pair of hands in Victoria. Because look, it's a very
bloody difficult job. It's not just about policing, it's about politics.
Don't forget Karen Webb was appointed three and a half
years ago with the previous coalition government. A Labour comes

(01:23:28):
to power three years ago. Not necessarily happy with Karen
Webb and the appointment by the previous government. She also
had haters within the police force. It should be a
bloke's job, it's not for women, all that stuff, and
she's had a very look, she's not the best public performer.
She looks a bit diffident, doesn't look confident. And you know,

(01:23:49):
a fellow in another blue suit, standing up on Telly,
perhaps with gender more confidence. The media didn't like her
much either. Apparently. A story popped up in the Daily
Telegraph The Murder Present January this year that Karen web
was considering earlier retirement. It's taken her by excuse me,
it was planted by someone. Look it's a difficult job.
Hell of a tough job. Look what happened at Bondi

(01:24:11):
last year. She's even criticized for her response to that,
suns me.

Speaker 3 (01:24:15):
Hey, mate, have a good weekend. Always a pleasure.

Speaker 2 (01:24:17):
Thank you.

Speaker 3 (01:24:17):
Mike Murray olds Across the Tasman fourteen to two.

Speaker 1 (01:24:21):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, powered
by News Talks at b.

Speaker 3 (01:24:27):
The poll, I assume it caught up on yesterday the
Taxpayer's courier. Are National still leading the center right and
they're still government. I won't work you through the numbers.
Is not that interesting. I don't actually even believe these polls.
Because National are upper smage, that's possible. Labors up a lot.
I don't think that's possible. Act unmoved Greens down a bit,

(01:24:48):
but the Greens are on seven point forty. You believe
that the Maori Party on four percent. Do you believe
that the right way wrong way? Is interesting because of
course more people now think the country's going in the
wrong direction. In the right direction, that that'll be a
direct flow on from Trump. Our space slash advanced aviation sector.
Now this is what the government do. So we don't
actually have much of a space industry, let's be frank.

(01:25:09):
So what we do have is probably advanced aviation. So
that's emerging aviation technologies. It overlaps, they say, with space.
So what they're trying to do is dovetail a couple
of things in there and pretend it's bigger than it
really is. But two and a half billion last year.
This comes from the Space Minister Judith Collins. Now that's
the other thing. Just a small piece of advice. Even
if you are in charge of this area, don't call

(01:25:31):
yourself the space minister. It doesn't sound right in Russia,
in China, in India, possibly even in America.

Speaker 13 (01:25:42):
Sure you'd be the space secretary.

Speaker 3 (01:25:44):
In America, you'd be the space secretary, but space minister
in New Zealand. Don't worry about it anyway. This all
comes out of a report. You're ready for the name
of the report. It is the Deloitte Space Trailblazer Innovation
for Growth Charting the Space and Advanced Aviation Sectors Report.
What idiot came up with that? Probably the same person

(01:26:07):
I said, I'm going to call you a space Minister, Judith,
the Deloitte Space Trailblazers Innovation for Growth Charting the Space
and Advanced Aviation Sectors Report. But the good news is
it's worth two and a half billion. Is that a lot?
It's not bad because wine's worth a couple of billion,
Kiwi Fruit's worth four trade with China's worth twenty, So

(01:26:29):
that puts it into some sort of context.

Speaker 1 (01:26:31):
Nine to nine The My Hosking Breakfast with Bailey's Real
Estate News togs be.

Speaker 3 (01:26:37):
Netflix are changing the when you turn on Netflix. They're
changing their why it looks to suit your mood?

Speaker 2 (01:26:46):
So what it is?

Speaker 3 (01:26:47):
And apparently they're going to trial the Hey Netflix, I
want to watch some comedy? Do it vocally? Could be
a thing? Sex Away from.

Speaker 1 (01:26:54):
Nine Trending Now with Kim as well book in your
flu Excitation today right now.

Speaker 3 (01:27:01):
Shazam, you know Shazam, You go, hey, Shazam, what's this
song on the radio? And it goes, well, the song
on the radio is right, does that anyway? So they've
got two it's been installed two billion times Shazam three
hundred million active users, and so they've done their playlist.
So what the world is actually listening to? Which is
moderately interesting potentially? Number ten, of course, is piano by
where NOI and Jim's gimes, gimms, guimes, whatever it is,

(01:27:24):
No one's ever heard of it. Number eight is this
one very little days Shazam song in the world at
the moment changes every day. That's changes and that's why
I said it's the daily day thing that's changes daily.
Nineteen sixty z conty francis why this is on TikTok

(01:27:47):
at the moment, it's a trend that people lip syncing
to it when they show off their outfit.

Speaker 11 (01:27:53):
You can mess the plows has it out?

Speaker 3 (01:27:56):
Number five is a slowed version of number nine. How
stupid that higher ground by scars? Number four? What's number three?
Number three is this one?

Speaker 2 (01:28:12):
Now?

Speaker 3 (01:28:12):
Why would that point of sisters? Of course we played
it on a previous trending. That's why it went straight
to the top of Shazam. It's the backing track for
g t a six grand.

Speaker 2 (01:28:29):
You know.

Speaker 3 (01:28:32):
Nothing's going to stop us now by Starships number two
that can't be right. It's from the Marble movie Thunderbolts,
but the old of the Goodies and the number one
song on Shazam. The moment is as silent adding skill

(01:29:03):
and bean shin see it.

Speaker 13 (01:29:07):
Are you having a stroke?

Speaker 3 (01:29:09):
It's another TikTok with people using that song. TikTok. I
don't know whether you're showing it.

Speaker 13 (01:29:16):
It's a dance challenge. You'll you'll be passing out. Are
we love getting those TikTok dance challenges from the hospital homestead.

Speaker 3 (01:29:25):
If the waiting is fall I'll go to TikTok and
I'll start doing some of this stuff. So I'll do
in a in a in a desperation, I'll go to TikTok. Anyway,
that's as you have a fabulous weekend and we'll see
you Monday from six Happy Days.

Speaker 1 (01:29:41):
For more from the Mic Asking Breakfast, listen live to
news talks. It'd be from six am weekdays, or follow
the podcast on iHeartRadio.

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