Full Show Podcast: 10 August 2026

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
No fluff, just facts and fierce debate. The Mic Hosking
Breakfast with Veda, Retirement Communities, Life your Way, News to today's.

Speaker 2 (00:10):
Fiscal guardrails and whether they swing your boat? Cameron George
and the Warriors and what all the success means to
the club are the lads and the commentary boats, the
PMO lists and not taxing working people? Richard Arnold and
see Price. They're invaluable as well, Osky, Monday morning, seven
past six. Welcome to it. It is here's something for nothing.
It's scientifically proven and in many studies that those who

(00:30):
believe they're heading for better days, those who believe things
will broadly work out well for them, are more successful
in life. You walk into your destiny. You should never
underestimate the power of positive thought, which is why I
cannot understand if you go back four weeks when the
Warriors won, the doubters argued it wasn't a very good win.
The positive thinking you see thinks a win's win. But
then we lost and out they came. We didn't know

(00:52):
how to win. Supporters are delusional and so it went
the default. The negativity not only holds you back in life,
it's pointless, it's a waste of energy. Successes comes from
not fixating on losses or what went wrong, or reveling
in others demise, but on learning and moving forward on
a path of continual improvement, which is why and how
we got to Friday Night. It came via the previous weekend,

(01:13):
of course, and the Titans outing, which showed exactly how
you learn and move on. That provided the springboard into
the Panthers not just a victory, but a brilliant one.
Another of those games where we didn't just win, we
won well well enough to announce to everyone we can
beat anyone we want. We are quite probably the best
site in the NRL. Now, what do you say about

(01:34):
Metcalf other than can we have him back? Can he
change his mind? Can we say sorry for benching him?
Can we pass around the hat and raise some money? Hello?
Seema was exceptional as well. Did you get nervous when
the Panthers went from zero to six to twelve? I didn't,
because by the time that happened, the blueprint was set.
We were too good. The Panthers were not able to
meet us at our level. We set the table, set

(01:57):
the agenda, sent the message. It was a critical where
I still would have becked them in the playoffs that
we'd lost, because enough of the ingredients are there to
know how good we really are. But to beat the
side that has set the standard in multiple years in
this competition is more than enough proof that the ensuing
weeks will now be fun, the playoffs will be awesome.

(02:18):
And this is very much our year.

Speaker 1 (02:26):
News of the world in ninety seconds.

Speaker 2 (02:28):
Well, poor old Trump, he isn't having the best of
time right now. The ballroom got suspended. There's no deal
on the strait to be seen, and BB's just given
them that don't come Monday on Gaza. They have ideas,
some of which are acceptable to us and some are not.
We know how to stand up to these things. We
have proven it in the past. We are proving it
today as well. Now on the other side of the aisle.
Old Abdul, who won in Michigan last week, is speak

(02:50):
today on the Sunday talk shows spreaking progressivism.

Speaker 3 (02:53):
A responsibility to stand up to Donald Trump and the
ways that he's used his power for his own gain,
for his family's finances rather than to improve your family's finances.
The recognition that Mike Rodgers is nothing more than a
corporate shield.

Speaker 2 (03:06):
Bernie. Of course, once more, where that came from.

Speaker 4 (03:08):
Have you ever heard of a candidate winning who was
outspent nine to one. Sixty million dollars in billionaire funded
super pac money came into that race, and yet he
managed to.

Speaker 2 (03:23):
Win a couple of things over the pond in Britain
visually the Irish, you've got backer bloke called Kinahan from Dubai.
He's bad news, he's a crime boss.

Speaker 5 (03:30):
They've been chasen i pittribot to the authorities in the
United Arab Arab Emirates for the strong cooperation with Ireland
over recent years in this field.

Speaker 2 (03:41):
More generally then, the weather, yet another heat wave on
the waife farmers wondering when that all leans.

Speaker 6 (03:46):
I mean, we've had no useful rainfall since the beginning
of June, so it's no wonder there's an grass grope
at all. And that's really unusual for us, but it's
becoming the norm now if you look at the national
situation and then the situation of Proffia. Put that altogether
and it's a recipe for it again.

Speaker 2 (04:00):
In faith in food and New Andy is back from holiday.
He's announced he's going on a cost of living tour
of Britain. Are the people of Wakefield looking forward to
having him drop in?

Speaker 7 (04:10):
Me and my wife work four hours a week and
you're still struggling to pay bills and.

Speaker 8 (04:14):
Some area of weight build are really nice.

Speaker 9 (04:16):
We just kind of get drounded out by a lot
of the other not so nice buildings.

Speaker 4 (04:19):
They're one about ridings down.

Speaker 10 (04:21):
There's all them shops in there pulling the flats down
at the back of it.

Speaker 1 (04:24):
It's not good enough as up.

Speaker 2 (04:27):
Did you hear that bloke's wife she works forty hours
a week, the full forty. Finally, Mark Zuckerberg is having
a tough time of it after these ray bands with
cameras built and they're causing an uproll Britain. The Brits
are calling them pervert glasses soho House Monopoly events atg
theaters have banned them. Witherspoons are having none of them.
After women have been targeted influencers pushing the glasses and

(04:49):
losing followers. Metuss people should have behaved responsibly and the
oners is on the individual, of course, not to exploit
the tech and similar of you. They touch to social
media and ask Alban easy where that got? And there's
news of the world. In ninety year, the appeals court
said the ballroom is off for now. So Trump's had
a very bad weekend. He's still after Lisa Cooko. Note
she's the one that another court says can't be fired.

(05:11):
She's the she's the Federal Reserve Board governor, Lisa cook
But he's decided to chase her again. The good news though,
over the weekend, as they did at last manage to
get Todd Blanche confirmed as ag twelve past six.

Speaker 1 (05:24):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks evy.

Speaker 2 (05:32):
Good numbers from the Chinese are but the weekend exports
up twenty four percent. This is just for July imports
up twenty seven percent. They've got a trade surplus of
one hundred and twelve point five billion dollars. Fifteen past six,
generate this Monday morning, Greg.

Speaker 7 (05:44):
How are you good? Thank you morning.

Speaker 2 (05:46):
What about those job numbers in America? What a disaster?
Absolute shock. Wasn't it so expected to create around eighty
thousand jobs in July lost twenty three thousand.

Speaker 11 (05:57):
Matters worse, The previous two months are revised lower as
well by combined one hundred and three thousand. So yeah,
markets reacted. Bad news was good news for the equity
markets at rallies. The chance of a FED rate high
in September has reduced dramatically. Dollar week and UTUS reels fell.
But look, there were worse takeaways as always beneath the headlines.

(06:19):
So if you look at that last of twenty three
thousand jobs that prehaps wasn't as bear as it looked,
some more than fifty thousand government jobs disappeared, particularly local
government education, so that could potentially bounced back. Suppose we'll
see about that private sect of pails that actually rose
by thirty thousand. And if you look at the unemployment
rate that actually fell from four point two to four
point one, So then again that sounds positive, but it

(06:42):
wasn't exactly driven by stronger employment. So participation rate MIKE
that fell to sixty one point four percent, that's the
lowest level and five years, and if you actually take
out COVID, it's the lowest EVA. So one point four
million people have left the labor force in America. There's
a bit of immigration noise here, but yeah, it's certainly

(07:03):
having an impact. Yeah, markets have taken the September rate
height off the table largely.

Speaker 7 (07:08):
But yeah, I suppose if.

Speaker 11 (07:10):
You're still going to have to look at inflation, remains
a primary concerner who knows what's going to happen with oil.
So we've got the CPI report this week, so that's
going to be particularly important. There'll be a lot of
focus on that. But I think it sales almost a
hall of mirrors stories.

Speaker 7 (07:24):
So there was a few aspects to it.

Speaker 11 (07:25):
But the equity markets they saw the positive side. S
and P five hundred and Nastek both hit record.

Speaker 2 (07:30):
Highst What about Airbnb.

Speaker 11 (07:33):
Hey, we're still traveling despite all the concerns of the
cost of living and anxiety there, Airbnb produced a strong,
really strong set of results. Shares up seventeen percent, They
beat revenue FORECUS, beat earnings forecus, They lifted the outlooks
that tells you something seventeen percent three point six billion profit.
Mike up twenty three percent, eight hundred and sixteen million.

(07:55):
They say treble demand is still strong, but they're not aligned.
Because you've had Booking dot Com and ex Speed you
say the same sort of thing. Knights and Experiences were
Ebnb up ten percent, more one hundred and forty eight million,
and I suppose the key thing as well, it wasn't
just about one market. So yeah, North America that did
very well, but you're ape a solid Asia. Pacific grew,
Latin America are looking to expand there. That was up

(08:17):
around about twenty percent, and they're also benefiting as well
alongside traditional peers from a bit of an expansion, so
they're not really just a home rental company anymore. They're
expanding to hotels, tools, local activities, travel services, you name it.
And they've got thousands of hotels on the platform across
major cities. And what would a story be without AI.

(08:38):
They're also right rolling out artificial intelligence features, so AI
powder search customers support there to make the booking experience
more personalized. So but ye're the big messages that consumers
are still prioritizing. Travel in mbnb is benefiting stock up
thirty percent this year and fifty percent over the past
twelve months.

Speaker 2 (08:58):
I noticed that Greg and Berkshire the way he's found
something to spend his money on.

Speaker 11 (09:02):
That's right, So there's yeah, certainly a lot of interest
in Berkshire. I have as results as thereways is, but
particularly what he is doing with cash? So he came
on board in general and Berkshire's got a cash amountain
of field or had one of nearly four hundred billion uillars.
But the result was solid operatings up sixteen percent, underlying
businesses doing well, so we're talking manufacturing, retail, energy, rail operations.

(09:24):
But yeah, what's he doing with that cash? He is
finally deploying some of it, so cash pile fell run
about thirty billion to three and sixty five billion. He
stepped up buybacks, which Berkshire has been known for, so
around about four point five billion there, but importantly became
a net buyer of equities for the first time in
more than three years. So what's he buying. They snapped

(09:46):
up home builder Taylor Morrison. That was six point eight billion.
They also bought more of Alphabet that's Google's parent coming,
so ten billion dollars there, and actually that's actually now
one of Berkshire's five largest holding. So the reaction might
though wasn't entirely positive berkshow she has flipped a little bit,
so maybe investors want to see more of that cash deployed.

(10:07):
But Ayles have some perspective here as well. So Berkshaw stock.
That's up eleven percent of the past year. And the
famous class as she has now cost around seven hundred
and eighty thousand US dollars each, So that's not exactly
an impulse purchase.

Speaker 12 (10:21):
It's not What are the numbers, So yeah, we've got
the S and PN Nasty get record high, so up
point six percent, SMP seven seven five seven Nasty cut
one point three percent twenty six six ninety.

Speaker 11 (10:33):
The Dow was up point three percent, fifty four zer
three two forty one hundred UK up point three percent,
ten nine oh one stocks fifteen Europe up point three percent.
Nikko in Japan down point one percent, A six two
hundred down point one percent, nine two sixty three. In
the X fifty, we were down one percent thirteen eight
two four and the currency is against the US Q

(10:53):
fifty eight point nine up point four percent. Australian diar
we're eighty three point four, down point one percent, up
slightly against the British pound four three point seven Japanese
yen ninety two point eight. That's down point two percent.
Gold up one hundred and two dollars four three and
forty one US an ounce. Brent oil upper dollar A
three spot fifty five.

Speaker 7 (11:11):
That's see where things go this week.

Speaker 11 (11:13):
And in terms of this week locally, we've got business
inflation expectations pm I visit rivals, We've got some more results.
I've got contact energy today. I'm sure use inflations mentioned
retail sales UK GDP with Larva rate decision results from
Cisco and have your own rocket lab.

Speaker 2 (11:29):
Go well, ketchup so in Gregsmith, who's worth generate wealth
and key we say A specialists Paskington made their first
ear of profit, so they'll be pretty pleased about that
over the weekend. And copper if you want some. This
is all the usual AI and all the stuff it's
used for power grid investment and electrification, et cetera, et cetera. Anyway,
copper has never been more expensive than it is right now.

(11:49):
Six twenty one and a half. Your news Talk Zenbo.

Speaker 1 (11:57):
The Vike Hosking Breakfast Full Show podcast. I heard Radio
now ad By News Talks.

Speaker 13 (12:02):
It'd be.

Speaker 2 (12:04):
Is Hipkins an idiot. I listened to them on Friday
talking about the poll being rogue and technically actually is
probably right. But if you accept good polls, you can't
then bag the bad polls. That's I would have thought
one oh one. In politics, you don't moan complainings. Explaining
or explaining is complaining one or the other. Anyway, the
point being, do you honestly believe that Opportunity went up

(12:26):
two point eight percent? I mean, no one believes that,
and I don't believe labor went down as many as
they went down. Anyway. The point of all of that
is they included that in this morning's poll of polls,
and Labour stands zero chants of becoming government, not technically zero,
it's three point two percent. Labor have a three point
two percent chance of winning the election, which is not
particularly high. If national decided to include the Opportunity Party,

(12:47):
which they're not obviously, but if they did, they'd have
a ninety five point six percent chance of winning the election.
But apart from that, they're home free seventy six percent
or thereabouts. If Labor went Opportunities but not Maori thirty percent,
twelve percent without them. So anyway, the upshot of all
that is that it looks like the if you believe

(13:10):
the pole of poles, it looks like it's four gone
conclusion six twenty.

Speaker 1 (13:13):
Five trending now with jimmisware House, the home of Big Brand.

Speaker 2 (13:18):
Fight a Barclay. He's got a skill in saying random
stuff that goes viral. So he's on George Kittle and
his wife Clear's podcast which is the Kittle Cast and
Kittle by the Ways of San Francisco forty nine ers
football play. Subject was sports for people who are retired.
Golf is good because the joints bowls keeps the elderly limba.
But what about the fastest growing sport for over fifty five.

Speaker 14 (13:39):
There's not a lot you can do when you get old.
And that's some you too gonna be able to do
when he gets older. I mean, like you can't go
play basketball me And let me tell you something. They
got this stupid thing going around called pickle ball, which
is a way the way old people are.

Speaker 7 (13:56):
Old people out here are.

Speaker 14 (13:57):
Getting hurt all the time.

Speaker 10 (13:58):
It's like tennis.

Speaker 14 (14:00):
My doctor Franz I said, pickleball is the gift that
keeps giving because all these old people are killing themselt.

Speaker 7 (14:09):
Off and hurt all the time.

Speaker 14 (14:11):
My doctor Franza in heaven right now.

Speaker 2 (14:13):
He's actually technically correct. In America alone, pickable injuries that
end with you going to the ed have gone from
thirteen hundred to twenty four thousand in the last decade.
The fifty pluses accounted for ninety percent of those particular injuries.
By the way, the text the weird thing the two
things about the announcement yesterday from not yesterday Saturday on

(14:38):
the National Party in their list one, what is the
media's fixation where they immediately go to the most negative
part of the story. There were lots of stories within
the stories, but the most negative part of the story
was Melissa Lee, And to b Blunt, Melissa Lee got
dropped a lot of places because she's useless and we
all know she's useless, and they should have just said that.
But anyway, they go straight to that as though that's
the only thing that happened in the story.

Speaker 1 (14:59):
Asking questions others won't the Mic Hosking Breakfast with Defender Trophy,
empic Adventure, Greater Purpose news Talk, said Bess.

Speaker 2 (15:07):
Mike Helen White is useless too, So does Melissaly have
a chance in Mount Elman. It's a very good question.
Send me and I were talking about this before we
came to air this morning. Yes she does, because if
White and the head of the Opportunities Party split the vote.
I mean, the argument around the Pole that came out
Friday is of course that the Opportunities Party, if you
believe the numbers, is bleeding from labor. So that applies

(15:31):
in Mount Elbert. You split the vote on the left
and Melissa ly comes through the middle to the Gnats,
which is good and bad. It's good for her because
she wins the seat, but it's bad for the Gnats
who are already winning too many seats in terms of electorate,
which means they've got no list left, which means Jerry
and Nicholas could be for the high jump. So that's
what makes that particular equation so fascinating. Twenty two minutes
away from seven, New Zealand Steel has produced its first

(15:53):
commercial steel from its new electric arc furnace at glenn Brook.
You remember all of this a government tipped in one
hundred and forty million dollars couple of years ago. Plane
was carbon related, cut the emissions by more than forty
five percent, halves the coal use, keep steel micing viable,
all that sort of thing. Anyway, Robin Diavies is the
boss at New Zealand Steel. These were this morning good morning, Mike.
From breaking ground to where we are this morning, has

(16:15):
this been an efficient productive process?

Speaker 15 (16:18):
It's been an extremely productive process, Mike. We've expended over
a million hours of construction effort and we've built a
world class asset that secures the feature of steel making
in New Zealand.

Speaker 2 (16:30):
Is this purely carbon related? In other words, if you
didn't get the one forty, you wouldn't have done anything,
but you would have carried on doing what you were
previously or not.

Speaker 15 (16:38):
At some point the business would have needed a transition
either to a low carbon technology or see steel making
at some point in the future. So we were able
to execute the project in good time after two years
of breaking ground as you mentioned, and delivered a world
class asset. So very proud of what the team have
achieved at the New Zealand Steel.

Speaker 2 (16:57):
So the lowest carbon steel or some of the world's
loosed carbon steel, does that give you a market advantage
or is it just a cleaner steel?

Speaker 15 (17:05):
It could provide a fantastic export opportunity in the future. Unfortunately,
currently you've got the European Union and the US and
major countries putting large tariffs and safeguard mechanisms in place.

Speaker 7 (17:18):
So the trade environment is.

Speaker 15 (17:20):
Quite volatile today, but over the long term we do
believe it creates a great opportunity for New Zealand exports.

Speaker 2 (17:26):
See as the sole producer of flat rolled steel products,
does that make you sort of the golden Cements of steel?
In other words, we need you.

Speaker 15 (17:38):
We think New Zealand steel provides an important resilient aspect
to our supply chain for domestic building construction environment. I
think we've all experienced global supply chain issues post COVID
and more recently with a straight of home moves, and
I think having domestic capability, whether that's cement or steel
or any other key building product material, I think is

(18:01):
important for the country's resilience.

Speaker 2 (18:02):
And what about the power supply side of the equation.
You've kind of deal with Contact. Is that got a
t y point vibe to it? Is that how that works?

Speaker 15 (18:11):
We've got a ten year power contractor Contact Energy, which
has an important demand response feature to it, which is
already taking effect where we kind of take power off
during high peak periods to reduce the load on the grid.
So that contract in place for ten years and allows
us to operate with some confidence and provide demand response
for the grid.

Speaker 2 (18:31):
And where do you guys sit in terms of the economy,
in terms of construction, I mean, are you at the
cutting edge of the economy If we're building and we're
doing well, you will see that, or are you just
producing steel?

Speaker 15 (18:41):
No matter what, we are primarily set up to support
the building and infrastructure development within New Zealand. We've had
a relatively soft last two years, but I think we
look forward to more buoyant periods and that's why we're
primarily set up is to support that capability to help

(19:01):
New Zealand reach its aspirations in terms of infrastructure and
help put roofs on hoses and reinforcing steel in the grounds.

Speaker 2 (19:08):
All right, appreciate it very much, Robin Davey, Chief executive
of New Zealand Steel. How excited were you over the weekend?
Were you as excited as me when you learned that
artificial intelligence has been used for the first time to
design some brand new viruses? Fully functioning viruses can replicate
first time. Hold your names have been successfully designed by AI.

(19:28):
They've got sixteen novel viruses. What could possibly go wrong?

Speaker 1 (19:32):
Nineteen to seven The Mike Hosking Breakfast Full Show podcast
on iHeartRadio powered by News Talk Zippi.

Speaker 2 (19:40):
Mike, election might be as class as you say. Opportunity
will only get four percent, all from Labor and the Green,
so that vote will be wasted. I'm still broadly on
your side because we've got three poles now at the show,
Opportunity at plus five, two of them a Roy Morgan's,
which I completely dismissed, the other one the Courier one
on Friday. I wouldn't have dismissed so if they hadn't
gone up almost three percent, in other words, that they

(20:02):
hadn't almost doubled their support. I just don't believe that.
I wouldn't be surprised if they got to five percent,
but I still don't think they will. And the closer
we get where they haven't got to five percent in
the polls, that vote will drop materially. I'd be surprised
on the night that they got four. If you're getting
to the election and you don't believe they're going to
get there, that vote will fall away completely because people

(20:24):
basically don't like to waste their vote.

Speaker 16 (20:26):
Six forty five International correspondence with endsit Eye Insurance Peace
of Mind for New Zealand business i'd.

Speaker 2 (20:33):
Worked to Dar'm very good morning to you.

Speaker 17 (20:34):
Good wedding light.

Speaker 2 (20:35):
Where were thise was coming all last week between Aman
and Iran? Well, what's going on here?

Speaker 17 (20:40):
Nothing much? Seemed a. Trump's former defense chief now is
calling the latest Iranian ultimatum that came out in the
last few hours on the straight of FOM moves ridiculous.
Mark Esper, who was Trump's Defense secretary in his first term,
is speaking fun more directly than anything we hear from
the White House of late, saying this Irani listed demands
now is clear setbank will these months, almost six months

(21:02):
on into the.

Speaker 18 (21:03):
War, they've put forward demands of the United States which
frankly are ridiculous and should be rejected out of half.

Speaker 17 (21:09):
Well, what Iran is demanding is that the US must
indisplockys for the your channel, pay around damages for the war,
unfreeze Iranian assets, lift all sanctions on Tehrana, never ever
again say any bad word about the Iranian government. So
are the peace efforts going okay? Well, just hours literally
just a few hours before these Iranian demands.

Speaker 7 (21:28):
JD.

Speaker 17 (21:28):
Vance, who has been spearheading the peace efforts for the
American team, says this.

Speaker 19 (21:33):
They're hurting in a big way.

Speaker 2 (21:35):
They want this thing to be over.

Speaker 19 (21:36):
The question is whether they're able, their system is able
to give the things that are necessary for us to
be happy, for us to feel like we've gotten what
we need out of this particular engagement. That is still
to be determined. But I do think that we've made
some progress over the last few.

Speaker 2 (21:52):
Days, made some progress. What progress.

Speaker 17 (21:55):
Iran is hurting economically, it's inflation rates through the roof.
But how much does the Iranian Revolutionary Guard care about
the economic problems of everyday folks. Not at all, you
would think, Esper says. This Iranian ultimatum shows they're thinking now.

Speaker 18 (22:09):
It shows that they believe that they have the upper hand,
they believe they're winning, and they're emboldened. And that's what
we're up against right now, after what five and a
half months of conflict.

Speaker 17 (22:17):
Espa's view is it the best approach for the US
right now is to tighten the economic squeeze even further
on every front.

Speaker 18 (22:23):
We should multilize it, multilateralize and get our Asian allies
on board, our European allies, others around the world, and
really put economic pressure on this country and slowly strangle it.

Speaker 17 (22:33):
Work with European allies that would be new as well.
Esper Is confirming those reports last week that the Pentagon
is short on some missiles. Trump responded saying it was
fake news, is it?

Speaker 18 (22:43):
Says Espa, it is a serious situation that goes back
to the end of the Cold War and decisions we
made between them and then with the answer of the
Iraq and Afghanistan wars, and frankly it accelerated during the
Biden administration when we were expending munitions or giving munitions
to Ukraine. And it's of course in the life six
seven months, it's really taken a toll that we've now

(23:03):
find ourselves considerably low with regard to interceptors such as
Patriot and THAD, and to some ground attack weapons as well.

Speaker 17 (23:11):
And the Pentagon also seems to be confirming this. They're
asking defense companies to ramp up production. The current Deputy
Defense Secretary, Steve Feinberg, is calling on defense suppliers to
provide far more aggressive delivery timetables and to submit those
plans within twenty one days, whiles prosais were.

Speaker 18 (23:28):
Talking about taking two years to build a Patriot missile.
Whatever we do now is not going to help in
the short term, but nonetheless needs to be done for
strategic reasons.

Speaker 17 (23:37):
But the war is ongoing. Attacks continue, and on the
Palestinian front Israel Nio, who has rejected Trump's fifteen point
plan for Gaza. Trump announced a breakthrough the other day,
saying Hamas agreed to lay down their arms. That Nio,
who says doesn't believe it right.

Speaker 2 (23:52):
And then we get Joe Biden's update over the weekend.

Speaker 17 (23:55):
Yeah, Jill Biden, the former First Lady, is adding to
the accounts of Joe Biden's cancer. She says he is
doing okay, okay, given that he is dealing with an
aggressive form of prostate cancer. We heard from the former
president's son Hunter over the weekend that it's tough that
his father's cancer has spread into his bones and further
that is very painful and debilitating. Joe Biden is eighty three.

(24:16):
Had he stayed on in the last presidential race and
had he won, he would be right in the middle
of a second term, wouldn't he. That of course, is
not how it went, and his wife.

Speaker 4 (24:25):
Says so will live with cancer till the rest of
his life.

Speaker 17 (24:29):
Jill Biden wrote in her recent book that she saw
what she now realizes were early symptoms of the cancer
when they were still in the White House. We know
that the former president's eldest son, Bo died at a
young age in twenty fifteen of glioblastoma, an aggressive form
of brain cancer. My own wife died of this. Hunter
Biden also told The beeB that his father was rightly
criticized for granting him a pardon his final weeks in Offers.

(24:50):
He'd pled guilty to gun and tax charges. Joe Biden
said at the time those charges were infected by politics.
The son says that while he is grateful for the pardon,
he feels it's not good for the Increa's political system
or for his father's.

Speaker 2 (25:03):
See Wednesday Night, Richard Arnold state, So a couple of
other things. Remarkably, the Trump administration is going to play
a German company one point two billion dollars to stop
their wind projects. There's a company called we It's going
to abandon their roshal wind projects in America and go home,
take the money and go home. Carzio Cortez in a

(25:23):
I suppose she's all mendamied up at the moment she's
fizzing off the back of that, but she's not ruled
out running for president twenty twenty eight. And I note
that Elon's delving into the Department of Government Efficiency. You
remember Doze, they inflated one hundred and ten billion dollars.
They said that saved it. It simply wasn't true. They

(25:44):
took credit for savings from leases that were being terminated
before the work began, and DOGE made unverifiable claims of
billions of dollars in savings, So just a one hundred
and ten billion dollars never really happened. Get Away from
seven with the Mike Hosking Breakfast with Bailey's real Estate
news Dogs. They'd be whatever they're called top the Opportunities Party.
One of the best things I read over the weekend

(26:04):
is actually to be found in Newsroom, and it's an article,
quite a lengthy one, as is their wont on universal
basic income, which is what Opportunities Party is all about.
And it's happening in the Marshall Islands and they believe
that it's the first national rollout of a universal basic
income anywhere in the world. Other people have dabbled in
it and largely rejected it, and it hasn't worked. But

(26:27):
this is done. And will you know, this is the
whole island two hundred dollars a month. You get us
to the concern of the International Monetary Fund, no less,
the country's dipped into the US and owed trust fund
to provide all the residents with regular payments, no conditions,
no strings attached until the money runs out. The implementation
is being watched with curiosity and some concern around the world,

(26:50):
and no more so than New Zealand, where the Opportunities
Party are looking to do something very similar. One thing
they've had to watch is inflation. Of course, think about it.
Suddenly you throw money into the economy, what happens to
it gets spent. The moment it gets spent, it's inflationary.
Their inflation's gone suddenly to seven percent. So read the
whole thing. It's quite interesting. Nowhere that I've read has

(27:11):
a universal income experiment or otherwise worked. And this is
a very good example in the Marshall Islands of a
one national roll out in two Obviously it looks to
be going the same way five minutes away from seven.

Speaker 1 (27:23):
For the ins and the ouse. It's the fizz on
the Mike Hosking Breakfast.

Speaker 2 (27:29):
Now, Salad news not looking good in the States. So
you know about the cyclist spora outbreak that's got more
than twenty two thousand American sick, a bunch of them
hospitalized and two of them are dead. So it's found
to be caused by the Iceberg letters from Taylor. They're
in Mexico. Taylor went to the White House, the boss
went to the White House, and then the next day
the test turned out to be a false positive apparently,

(27:51):
but the FDA is still thinks it's the most likely
place epidemiology, epidemiologically that it could have come from Taco Bell.
They're the national chain that sort of got involved and
that made some problems. They got their letters from Taylor Farms.
And the problem now is that people are not buying salad.
So Chopped Creative Salad Company have seen their foot traffic

(28:14):
drop twenty four percent. Sweet Green saw a six percent
drop and same store sales in July. They've now cut
their full year outlook as well, likely to record a
twenty seven million dollar loss years of down time to
fifteen percent. Salad and Go told you about that one.

Speaker 7 (28:27):
The other day.

Speaker 2 (28:28):
They filed for bankruptcy. They plugged all their locations. They
add problems anyway, as far as salad companies can concern,
they weren't a very good one. But then this didn't
help grocery stores. Prepackaged salad sales are down fourteen percent.
Do you buy your salad prepackage? Isn't that part of
the problem, the moment you put the thing in a bag?
I mean, what's in the bag? What's happening in the bag?

(28:50):
You know what I mean? Anyway, Taco Bell have seen
sales and foot traffic also dropped during June early July,
but they say now that it's coming back up slowly.
But stilly, our daughter is working in America at the moment.
She's got a fruit vegetable problem. They just don't eat
fruit vegetables, she claims. I just literally do not eat
fruit and vegetables. It's just all crap. Anyway, she saw

(29:13):
some cucumbers the other day and she goes, oh, cucumbers,
first time I've seen a vegetable here in ages. Turns
out it was cucumbers in a tin. Cucumbers from a
tin covered in fructoast. What could possibly go wrong? Stephen
Joyce on this business yesterday, does National have a credibility problem?
It's all really well talking about death and spending and
stuff like that, and that's fine, But then this is

(29:35):
the same party that of courses increase spending and has
borrowed more so. Steven Joyce on that in a couple
of moments The.

Speaker 1 (29:44):
Mic Hosking Breakfast Full Show podcast on iHeartRadio powered by
News Talks at be here yourself think it's the Mic
Cosking Breakfast with Bailey's Real Estate. Your local experts with
national and global reach used Talks.

Speaker 2 (30:00):
Seven past seven. So the netch use there Sunday get
a headline for election year outing to offer up some
fiscal guard rails and to challenge mainly labored to produce
a few of their own. Broadly, the plan is to
get us back to surplus in twenty eight twenty nine,
debt below forty percent of GDP and the government spending
back towards thirty percent of GDP. Then we got the
no new taxes for working people lines. So we'll talk
to the Prime Minister about that shortly. Stephen Joyce, former

(30:21):
Finance Minister of Courses, back with as Stephen, Morning morning, Mike,
how are you very well? Indeed, if you were the
campaign manager, which of course you have been, what role
does diet exactly, What role does debt in its vibrancy
among the electorate play when it comes to attracting votes
at this time of year.

Speaker 8 (30:38):
Well, I think it's all about how you describe it, frankly,
and you've got to keep it fairly simple. If I
were there, I'd be reminding everybody how debt has more
than doubled in the last seven years. It's well more
than doubled, and it's got to come down. And anybody
who's going to the election with promises to spend more

(30:59):
money should be caught on that because as a country
we're not in drastic debt. But if something happened, as
unfortunately seems to happen periodically, like earthquakes and things, we'll
be in trouble. So that's a bit to focus on.

Speaker 2 (31:15):
The National Party's reputation though in announcing what they did
yesterday is they have borrowed more and they haven't got
us to surplus. So do they have a reputational issue.

Speaker 8 (31:25):
No, I don't think so, because most people realize that
when your economy or when the government's got up ahead,
esteem that it actually takes a while to unline it.
And the same thing happened to us is that our
debt kept rising even after you've reduced spending, because you've
got the tail of existing expenditure. I mean, you need
to remember, the big lift in spending that occurred in

(31:48):
twenty to twenty three is phenomenal, and winding that back
is not easy. And as we've seen in the last
three years, as we used to say, there's an sitch
and constituency for every doll that's spent, and you've sort
of got a fight to reduce it. And so you've
got to bend the curve down. That's what you're talking

(32:08):
that's what we're talking about doing here, that's what the
government's talking about doing. And you know, because a little
bit of a debate is still where it happens fast
enough or not. Now, I'm on record of saying I
think they should have gone harder earlier in their term.
But I think you're also unconscious that coalitions are a
lot more complicated than they were when we were around
as well.

Speaker 2 (32:27):
Exactly, no new taxes on working people, what's that mean?

Speaker 8 (32:31):
Well, they're going to have to define that, and you know,
they're going to get dragged to what they actually mean
over the next few weeks.

Speaker 2 (32:39):
I'm sure, what do you suspect it is it bed
tax and stuff like that.

Speaker 8 (32:45):
I think it is probably just those things like bed
tax and also fuel tax increases. But look, fuel tax
increases all the time, because that's what pays for the roads.
I don't think they should allow themselves to be caught
up in that. The taxpayers and people are a bit
nuts on that stuff, and I think you know, you

(33:06):
don't want to stuck up your tax definition just because
of the excise will go up to pay for roads
and transport or not. That does happen periodically. It's just
the nature of inflation. So I would be if it
was me, I'd be saying no new taxes.

Speaker 2 (33:22):
But to them, of course, of course, good to talk
to you appreciate it. Stephen Joyce's former Finance minister campaign manager.
Ten minutes past seven plannings for after seven thirty this morning.
Heads up on the old Ambos today we've got a
major incident response declaration. So they got twenty five hundred
and sixty two calls on Saturday. They average normally about
nineteen hundred demand apparently through the Riffdog. Gallagher as the

(33:45):
St John Director of Ambulance Operations and is with us morning.

Speaker 20 (33:48):
Good morning Mike.

Speaker 2 (33:48):
When I look at this extraordinary increase in the number
of phone calls you're getting, something isn't right here, is it?
Do you put it down to last week's cold whether
could that be it?

Speaker 20 (33:57):
Yeah, We've been having a mild winter in terms of
our worklo reflected in the weather, but then the cold
spike hit and our workload went through the roof, right, So.

Speaker 2 (34:06):
Given the cold weathers now over, could we say that
things might get back to normal.

Speaker 20 (34:11):
We'd like to think so, but we're really conscious today
that Monday is our busiest day of the week as
primary care and general practice reopens and we get referrals
from that avenue. So that's why we've really had to
step things up for today.

Speaker 2 (34:25):
What does it actually mean a response declaration? What literally happens?

Speaker 20 (34:31):
Yeah, we stand up an emergency operations center.

Speaker 8 (34:34):
We put.

Speaker 20 (34:36):
At the next level of management and oversight, and it
gives us a whole bunch of levers that we can
pull in terms of moving our staff around potentially not
responding to some low acuity or patients with very mild
symptoms at least putting them off for some time, and
liaising with hospitals, working with Health New Zealand a whole

(34:58):
bunch of things.

Speaker 2 (34:59):
How many people waste your time?

Speaker 20 (35:03):
Wasting the times not the term to use. I think
people struggle sometimes with not being able to access the
right part of the health system. But there are options.
There are health Line online GP portal. People can confine
those through the Health New Zealand website. I think that's
the issue that people struggle to navigate the health system
at times.

Speaker 2 (35:23):
But of two and a half thousand calls twenty five
hundred and sixty two, what number of those people would
be struggling to access their specific area of the health system,
that isn't you?

Speaker 20 (35:33):
I think several hundred on that day that was Saturday.
You know, I haven't had the breakdown yet exactly what
the called mix was made up of, but that would
be my instut.

Speaker 2 (35:42):
So if you said several hundred, you're down at a
couple of thousand calls a day. Still, What is it
about Monday? What happens on a Monday? We're all coming
down from the drug intake over the weekend. What's going
on on a Monday.

Speaker 20 (35:53):
Look, I think people try to manage their chronic illnesses.
The GPS to open, so people head to the GP
on a Monday and GP assessments behind that people are
a little bit sicker than what they thought, and we
get referrals from general practice and from primary care. That's
what really drives the additional demand on a Monday.

Speaker 2 (36:14):
Okay, go well. Doug gallaghant of Saint John with us
this morning, thirteen minutes past past, Mike, why isn't anyone
talking about the two point four billion the Greens are
pledging to Mariah filled because it's not happening. You've got
to work out in an election campaign. Is it a
bottom line? No, it isn't. Greens don't have bottom lines.
So what's the likelihood that that's going to get drummed
up in an election or a coalition deal.

Speaker 7 (36:35):
Zero?

Speaker 2 (36:36):
So don't worry about it.

Speaker 7 (36:37):
Mike.

Speaker 2 (36:37):
Please consider a question for Luxen, does he support the
Electoral Commission driving the EEKI decision by a widespread advertising
an invitation to Mary to switch to the Murray role. Well,
there's no point in asking in that either, because the
Electoral Commission is independent and the Marray role is a
legitimate form of democracy. Should it be changed under an
MMP environment Given the sort of cross pollination of people

(36:58):
we have in the House, of course it should be.
We're not having that discussion at the moment. So the
Electoral Commission are merely going about their business in an
independent way and they're giving you choice, and choice is
no bad thing. Fourteen past I'll give you the numbers
on the Australia's pole this morning. It's not very good
for Alvi and these eas. He's on a bit of
a bit of a tough run at the moment. Anyway.
More shortly seventeen past seven, as we mentioned at the

(37:19):
start of the show, Warriors showed all you needed to
see Friday as they spank the Panthers returned a second
on the table, just two points off the top. Now
Cameron George is the Warrior's CEO. He's back with It's
Cameron morning to you. Good morning, my short of winning
the whole thing in a few weeks time. I mean,
Friday Night is as good as it gets, isn't it.
Your full house people are going nuts. We're playing brilliantly.

(37:40):
I mean, what more do you want?

Speaker 8 (37:42):
Yeah?

Speaker 21 (37:42):
Look as a footy club.

Speaker 22 (37:44):
It was a pretty proud moment to have the stadium
obviously full, just the entertainment and the experience that we
provided off the field, and then that actually.

Speaker 21 (37:54):
Complimented what happened on the field. And you know, we
had a lot of happy people.

Speaker 22 (37:58):
At the stadium, no doubt around New Zealand and Australia
that watched it as well.

Speaker 2 (38:03):
Do you and your quiet moment's dream of winning the
mind of Premiership?

Speaker 22 (38:08):
Yeah, absolutely, that's what we're striving to do.

Speaker 21 (38:11):
To start with. We want to finish as high up
the ladder as you possibly can.

Speaker 22 (38:15):
But what sort of you know, you really got to understand,
as we all do, is that once it happens on
Friday night, we've got to get back to work today
and rebuild for this week. It's such a typical competition
and you can only achieve the great goals if you
can just take it by work by week, and that's

(38:36):
truly what we're focused on it the Warriors.

Speaker 2 (38:38):
What's the bottom line worth? Do you keep the money?
I can't remember I ask each something. Do you keep
the money on the home playoff stuff? Or do you
get it all to Peter Blandy's.

Speaker 22 (38:47):
I hope Peter takes it all. He's a lucky man,
isn't he not with the dollar at.

Speaker 21 (38:51):
The moment, But anyway, how it is.

Speaker 22 (38:53):
But yeah, the NRL own the finals, so you know
we work with them naturally to deliver it. But you
know they receive all the financial benefits.

Speaker 2 (39:02):
What's the value then, it's just the home ground advantage,
getting the full house and noise behind it.

Speaker 22 (39:08):
Yeah, and there's no better advantages there being at home
playing big matches, and you know we don't want to
be traveling through those finals. We want to stay here
as much as and and that's why we need to
win this week. You know, we need to take week
by week.

Speaker 2 (39:24):
Yeah, I don't want to jinx it. But the Broncos, Rabbitos,
Knights and Seagulls, there's no reason why we caun't win all.

Speaker 21 (39:28):
Four us there, that's the intention.

Speaker 22 (39:32):
And we start today's training working and we want to
win every game. We want to be ruthless how we
finish off the season, and that's that's our really really intent,
to be honest. But we'll start this week in Brisbane
and just deal with that and then then worry about
next week.

Speaker 2 (39:50):
Next week, do you want me to pass around a
hat to get Luke Metcarr back. What do we need
to do about that?

Speaker 21 (39:56):
Oh, look, we celebrated look the other day.

Speaker 22 (39:58):
But you know, all decisions a been made and we're
just focused on what we can do together with luc
this year.

Speaker 21 (40:03):
And I hope Hope puts his foot.

Speaker 22 (40:07):
Down this week and leads us, you know, to where
we want to be against the Broncos.

Speaker 21 (40:11):
So he's a terrific kid, Luke, and we love having
you about their club.

Speaker 2 (40:16):
It's a fantastic time to be a Wariors fan. Cameron,
good to talk to you, Cameron George who was the
under Warriors CEO. Of course, Mike national Will voted it
to make the big changes we needed. Instead we got
three years of tinkering and bending curves. If for fail, Simon,
I know what you're saying. I don't completely disagree with you.
What's your alternative? Let me know? Seven twenty.

Speaker 1 (40:36):
The Mike Asking Breakfast Full Show podcast on Aheart radio
pw it by News Talks EB.

Speaker 2 (40:44):
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(41:47):
with About Health post seven twenty four now. I hope
have you read it or caught it over the weekend
you enjoyed the coverage of zb's one hundredth birthday. I
can tell you for nothing. It is an honor and
a joy to be a small part of what has
become this country greatest radio success story. Although it has
taken various iterations over the years, from a fledging operation
limited in ours by the government through to the publicly

(42:08):
listed operation it is today. There are very very few
companies in the country that have one stood the test
of time and two been as successful as we have
for that whole period. One of the ironies of the
success is that many companies that haven't made it I
was looking up recently got overtaken in some way by
progress of course, technology AI, change of customer habit. And
yet radio, despite having been written off so many times,

(42:32):
has not just survived but has boomed. The radio industry
in general in this country is in remarkable health. I mean, yes,
there have been changes and reshapings and expansions and retreat
startups and closed downs, but the industry is broadly consolidated
into what it is today, profitable and used in some
way by the vast, vast majority of New Zealanders each
and every day. And at the top of the pile,

(42:53):
of course, is US. It remains, as far as I know,
an industry that has more stations per population than anywhere
on Earth. We deregulated the industry and for a while
you could buy a frequency for about three cents and
start your own radio station, and men he did. Why
wouldn't you have a crack talk radio?

Speaker 7 (43:10):
Though?

Speaker 2 (43:10):
Is expensive and that's why, comparatively not as many had
to go, and as history shows, as those who did
venture into the area ran into a spot A bother
part of the issue was us, of course, was z
B zbi's been so good for so long. The truism
is that to make a mark, you have to find
a weakness, and they couldn't find one, or at least
not a big enough one. Critics often argue the ZIB

(43:32):
audience is rusted on, which is to insult the audience
and show ignorance for quality. Part of zb's success is
never taking the audience for granted, and you do that
by forever looking to improve, never resting, always pushing a
little bit harder. The audience isn't rusted, it just hasn't
had a good enough reason to dabble elsewhere. Longevity is
the other track, longevity and consistency. The news talks that'd

(43:55):
be Breakfast Show, for example, has had two hosts in
forty years, two hosts in four years. No one comes
close to matching that. It has produced some of the
greatest names the industry has ever known. It's covered the
news and told our stories. It's reflected this country and
its journey better than anything and anyone. Good news is
I honestly feel not only are these its best days

(44:16):
so far, but there are at one hundred more and
better ones to come. Asking last text Mike and correct,
the country voted in a coalition, not national they see,
that's the thing, so very good points what I was
trying to say at the end of the day, bag
national all you want if you're sort of national ishue
and then you don't like them all of a sudden,
where are you going going New Zealand? First you're going

(44:38):
to act just sort of not going anywhere? Are you're
still going to get I mean you could say, well
off enough people moved the dial within the coalition, that
coalition might look feel different, have a different approach or
a different sort of emphasis. And that's probably true, and
that's what makes the election so interesting. But you're not
wandering off to supati mari, are you? In other words,
and being aggrieved at the government. It's not like you're

(44:59):
wandering off when you were a Your reckon Luction is
going to say anything random this morning, Well, you reckon,
he's going to just just just go off. Peace Plenty
to cover off with him sport over the weekend. We'll
cover that off with Jason Pine and andrews Sebil in
the commentary Box after Rate.

Speaker 1 (45:16):
Tough On, Power, Sharp On, Inside the Mike, Costing, Breakfast
with Vida, Retirement Communities, Life Your Way News, togs Head
Bought After of.

Speaker 2 (45:25):
Course, meantime of twenty three minutes away from the Prime Minster,
Christopher Lutchin is with us. Good morning, Good morning Mike
on hundred years of zid B this week, I hear
isn't that exciting? Is it an amazing Monday?

Speaker 23 (45:35):
I'd love to hear that first broadcast. Actually, it must
be quite something.

Speaker 2 (45:37):
We crankling over the world and we're celebrating this Friday
night having a function. Hoo is to wish what does
a hoo?

Speaker 13 (45:45):
He look like.

Speaker 2 (45:46):
Is that a be a hell of a party, wouldn't
you're speaking, You're there, so.

Speaker 23 (45:50):
Okay, I'll keep it. That's where I've done all my
great reveals over the last five years on ZUD.

Speaker 2 (45:56):
Do some policy, do a little bit of policy on
a Friday and talk about the budget rules. I think
that thing. Yeah, the budget rules, let me start with that.
In your guard rails and all of that stuff. Do
you reputationally have a problem in the sense that you
have not gone to surplus and you have increased the debt,
and yet you still talk about doing the opposite.

Speaker 23 (46:15):
No, No, I think we've done.

Speaker 7 (46:17):
You know.

Speaker 23 (46:17):
Look, there's two choices, right, you push me hard and
you'll always say, oh, Chris, you know you should go
much harder. In the last two and a half years,
that's what we call austerity. You see that around the world.
That would have required the country to go into a
hard reverse and a big sort of recession. The other
alternative is stimulation, which is what the other side wall
keeps saying, we've got to do more of. I'm telling it,
that's what got us into the problem with the spend more,

(46:39):
tax more, borrow more. We've plotted a third way through,
which is just to say daily practice, religious practices, just
be discipline responsible about it.

Speaker 14 (46:47):
Yeah.

Speaker 23 (46:47):
Actually key in English. If you look at twenty ten,
they had like a thirty four percent of GDP to
spending and then they just crank that up, just stuck
to their operating allowances. Discipline, didn't go do do stupid stuff,
got it down to twenty eight percent I think over
six seven year period. So the evidence globally, when you
look at it, yeah, it's very attractive. So let's just
chuck it and reverse and go to a massive cut

(47:09):
job through the whole show. That's not what we've done.
But equally we can't carry on the way labor was
doing it either.

Speaker 2 (47:14):
Problem with yesterday is when Nikola goes, we're not going
to be taxing working people more, which immediately leads you
to the question which is who are you taxing more?

Speaker 23 (47:23):
Well, No, what she's saying is no new taxes for
working people. And that's really important because I don't want
new Zealanders worried about tax thresholds are coming down, tax
income tax rates are going up, gests going up. It's
none of that stuff. But you know, when you look
at the alternative you've got opposition parties proposing eight new
taxes and quite serious radical reform stuff, right, I mean,

(47:44):
capital gains, wealth tax, land tax, inheritance gift tax, you know,
the whole nine yards, increasing income tax rates, and increasing
corporate taxes. We're not doing any of that stuff obnestly.

Speaker 2 (47:55):
But what are you doing because no new taxes? He
has two examples for so two new taxes.

Speaker 23 (48:01):
Yeah, So like in government, you know, you've actually got
this thing called fuel excise, you know, which goes you know,
we've actually not increased it since twenty twenty, and we
made a conscious choice not to do it in the
first three years because we said lock cost of living
challenging for people. You've heard us say, actually, it's highly
unlikely we'll actually go back to the legislative increases that
we are legislated to do under legislation on the first

(48:22):
of January. We'll probably delay that, but somewhere in that
term we'll have to deal with increasing fuel excise just
because that's actually how we fund the road programs. Right,
So that's an obvious one.

Speaker 2 (48:32):
A new tax.

Speaker 23 (48:33):
Well, I tell you that's why, you know, because I
tell you what will happen is the opposition will say
that's increasing taxes, and you go, it's not.

Speaker 2 (48:40):
A new text.

Speaker 23 (48:41):
Though it's done, it's not a new tax. The second
thing could be if you think about the Auckland City
Regional Dealer, it's the bid text the accommodation levy. We've said, lok,
we'll look at that in twenty twenty seven. Could be
a bunch of ways through that problem that we're trying
to solve for But that's why, I mean, that's why.

Speaker 2 (49:01):
I don't you just make it nice and simple. So
we'll be going back to the excise plus is a
bit text coming.

Speaker 23 (49:06):
Well, yeah, and there might be other ways to tackle
the bit accommodation levy, which you know, we're like, well,
well there's a range of options that will give me
a couple Now, well, I mean what people have talked about.
You've got this, you know, tourism visitor levy stuff. Whether
you play with that or whether you actually do it
accommodation levy like you see in other cities equally, that's like.

Speaker 2 (49:28):
Pin. But but the tourist live is not a new
text either, get it.

Speaker 23 (49:34):
But I'm just I'm just saying to you in the
world of how you see opposition parties will make a
run and say oh lux and saying you know, no
new texts for working people.

Speaker 8 (49:42):
But oh, here we go.

Speaker 23 (49:43):
He's increasing a putting an accommodation levy in, or he's
actually increasing fuel excise. Well, I'm just saying to you
they are well established existing mechanisms. But what sure is Hell,
what we're not doing is going off bananas on a
wealth tax or a capital gains tax which will just
absolutely absolutely wreck the economy. Okay, So outside of the tax,
which would be new no matter which way you work
your way through it, there are no more new taxes

(50:04):
apart from those two things. That's another two I can
come to that. I think. Well, in fact, you've heard
Nicola and the lead up to I think you've raised
this the lead up to the last budget, she talked
about our bank tax and looking at making sure we've
got our banks tax settings right to say, Australia.

Speaker 2 (50:19):
So there's a bank tax.

Speaker 23 (50:20):
No, no, no, I'm not saying that at all. No,
because this is the game, right you get into this game,
which is what's coming. All I'm saying, I'm trying to
be honest with you and say we've talked about that
and the lead up to the budget to say, look,
you've got it. You know's we've got some work underway
looking at bank taxes. Have we got that right? You know,
that's a legitimately good question to ask. But that's all
work that's happening in the context of the government I

(50:42):
can think of in the last two and a half years.
But you know, that's why we're saying, you know, no
new new taxes for working people. It's pretty you know,
because you've got evidence for it. We're the first government
to lower taxes for working people in fourteen years by
adjusting those tax thresholds.

Speaker 4 (50:58):
Right.

Speaker 23 (50:58):
So my real disappointment Mike is that, you know, if
you think about labor, I suppose you working for working people.
When I said this is some unionists the other day
is like, honestly, why didn't you guys come out and
support us when we lifted tax thresholds after a period
of high inflation? Like that's not ideological, Like that genuinely isn't,
but it does speak to the fact that they just
are so locked into the addiction to spending and taxes

(51:20):
and borrowing.

Speaker 2 (51:21):
So, I mean, nobody asked enough questions the other day
of the global party killing your tax boost thing either
because that one point six billion dollars, it's you mustter
six and nine. Where's the five billion?

Speaker 12 (51:31):
Correct?

Speaker 23 (51:32):
So they've got an eighteen billion dollar hidden bill for
all the commitments they've made, they've got to find eighteen
billion dollars. And what they did I think last week,
which was egregious, was that they ended up saying we're
going to go kill investment boosts and take five billion
dollars out of that. Now, I'm telling you, when you
go up and down this country and you talk to
businesses small or medium or large, that has been the

(51:52):
single biggest thing that's actually it made them invest in capital.
I was in this amazing family run company called coll
Pack and christ Church just out in Selwyn. They do,
like you think about all the products being produced in
the South Island. They built a massive investment in warehousing,
state of the art technology, incredible facility purely because that
investment boosts moved the attractiveness of that financial case forward

(52:13):
for them. So for anyone listening, whether you're a tradee
or whether you're a medium sized business, you can write
off twenty percent of that new asset in the first
year in addition to the normal amortization or depreciation you get.
So like, that's encouraging our businesses to invest in plant
and capital and equipment and technology so they can become
more efficient, to make more money, to drive wages and growth.

(52:35):
And I just think, you know, that's five billion of
the eighteen billion. That's how they plan to do it.

Speaker 1 (52:39):
You know.

Speaker 23 (52:40):
The other three is a capital gainst it.

Speaker 2 (52:41):
So just to be clear, there's a bid text coming
in some way show or forward.

Speaker 23 (52:45):
Now we said we'll explore it.

Speaker 2 (52:46):
So I just want to be clear about it. I
just want to get right.

Speaker 23 (52:50):
I mean excite fuel ex size fuel ex accommodation levy, yes,
and some exploratory work around bank tax settings to ensure
they are aligned.

Speaker 2 (52:58):
With Australia is what you know as work.

Speaker 23 (53:01):
But we are nowhere. We've made no decisions on the
bank task. Just want to be clear about it, and
that's it.

Speaker 2 (53:05):
And that's that's it, Okay, Council of Algamation. How many
of the councils who haven't got to it are taking
the piss versus are? How many are genuine and just
haven't got there because they can't make up their mind.

Speaker 23 (53:21):
And they all submitted them. I think on Sunday or
off maybe on Friday. I think it was we've got
to go through and digest and which I'm voted they're
not going to.

Speaker 2 (53:29):
Yeah, So how this.

Speaker 23 (53:31):
Started was, Look, we said, we're interesting in RMA. We
want forty five percent less consense. The companion piece, in
my mind very clearly as you've got to go knock
off the regional councils across the country and simplify a
layer of government and take one out, because otherwise you
just got bureaucracy crazy, which is what we've got today.
So we take the council regional councils out. We said, lot,
there's a way there will be some genuinely subregional things

(53:52):
you've got to discuss. We think you as mayors can
come together and what we call a combined territory board
or conversation on the genuine subregional stuff. Were to three
district councils have to make decisions about some things. They
said to us, hey, list some of mears came to
us said, look, we've got actually a communities that actually
want to merge with their district councils next door. We've
worked on three waters we've worked on these city regional deals,
we'd actually like to do some stuff and think about

(54:12):
a different way. We said, Okay, you've got a limited time.
We're not doing endless years of who we and discussion
and debate some making decision yep. Now and then they've
submitted their submissions. And if you don't make a submission
for that, well then we'll.

Speaker 2 (54:24):
When do we get the details on that next book,
which is the backstop? So when do you tell them
what they're going? Well, we've told them, we've already.

Speaker 23 (54:30):
Foreshadowed that that the backstop is there and that's what
they will work to if they haven't got an alternative
plan that we've approved.

Speaker 2 (54:36):
And now when will you tell them that in terms
of this is it and you will do this? When
do they find that bit out?

Speaker 23 (54:41):
Well, we've got the they've all submitted it and on
as I said, I think on Friday was the cut
off date. Our team will go through those proposals and
try and confirm some as quickly as we possibly can.
Stay right, get going, uh and otherwise, when the RMA
legislation comes into law, which will be this month, you know,
in the next month that and that will be the
new RMA system that will be where the backs up

(55:03):
will be kicked on from there.

Speaker 2 (55:04):
All right, good, see see you Friday night, The Big
the Big Party, The Big Wholey, thirteen minutes away from eight.

Speaker 1 (55:11):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 14 (55:17):
It'd be.

Speaker 2 (55:18):
Mike the investment boosts got us to build a building
without preleasing. Now it is fully leased. Well, I'm very
pleased to hear that, Mike. What a joke? Does lux
and think we're stupid? No new taxes? Oh well, we'll
just raise the petrol tax. See you've got I don't
know whether you want to hear the nuance or subtlety,
and that the new taxes is not a current tax, right,
That's why they called new taxes. The petrol exercise has

(55:41):
been around forever. It's how we build the roads in
this country. Yes, they froze it for a period of
time because of a variety of different circumstances. They're resuming
or clearly going to resume it next time if they
get back in power. Obviously the other side are going
to do exactly the same. So it's not a new
tax And therefore, I just wonder if they're walking themselves
into a bit of a problem. How can lux and

(56:02):
say there's no new tax for working people? What byes
increasing exercise tax will directly affect working people. Well, that
once again subtlety and nuance. If you don't use petrol,
it won't affect you at all. So think about it
that way, So it doesn't automatically it's not a direct
tax on you. It's not your income tax. If you

(56:23):
use it and spend on petrol, yes, you will be affected.
If you don't, you won't. Nine away from eight, the Mike.

Speaker 1 (56:29):
Hosking breakfast with a Vita Retirement Communities News togs had been.

Speaker 2 (56:34):
We had come on, Mike, we've all had a lesson
in how fuel prices affect everything. I'm a national voter,
but I think it's actually a bad plan. It's a
tax increase, and the lower classes are going to feel
at most. You realize that the petrol excize has been
around for years. This isn't new. It's it's just an adjustment.
And not only has it been around for years, it

(56:55):
gets adjusted by the rate of inflation on an annual
basis and has been for years.

Speaker 17 (57:01):
This is not new.

Speaker 2 (57:02):
They haven't invented anything. They're not doing anything different other
than unfreezing what they froze. It's the classic example across
the Tasman and I told you this the other day.
So Albanezy puts the excise bonus on the same way
we've currently got it on our petrol because of the war.
The moment you freeze something or give something to somebody,

(57:22):
when you take it off, everyone goes, oh, that's not fair.
I don't want that anymore, which is exactly what you're doing.
So the excise tax isn't new. It's been adjusted every
year for years. Until it wasn't it was frozen, and
now that it's simply allegedly seemingly next year being unfrozen,
you suddenly find a problem with it. I mean you
didn't have a problem with it previously other than the
broad problem, which is none of us like taxes anyway,

(57:45):
but be that a bed tax should absolutely be implemented,
make but one hundred percent of that needs to go
to the council areas that it comes from. I think
that's an interesting point, and I think it's a fairly
fair point. The difficulty then will be and you know
where that argument goes A place like Auckland will be fine,
thank you very much, because that's where everyone aves in
the country and wants to stay a night in the
hotel before they do what, jump on a plane fly
directly to Queenstown where they also want to stay. So

(58:07):
Queenstown and Auckland will be fine. Christ Juts will probably
be fine. But what about all the tourists in between
that go through and maybe stay at night or whatever
the case may be. And they don't have a particularly
large rating base, and so they can't afford the sort
of things that are Bid Texas designed to overcome. Now
question for you, Resport, and we'll talk about this with
Andrew Sebile and Jason Pine Apter eight o'clock. How Come

(58:28):
I'm watching a little bit of the rain felly Shield yesterday?
How come Dunedin Stadium so muddy? Why is it so many?
I'm looking at these players they look like it wasn't mud,
but they looked like they'd played on a good wet
pitch on a Saturday morning on a christ Urch winter
things indoors, What are they doing with the watering can
what are they doing with the hoses? Why do they

(58:49):
make it so wet that you come up dirty. I
would have thought that even if you've got real grass,
which is what they do, you don't water it to
the point that when you fall over you come up
with half the field on you. It seemed the weirdest
thing in the world. I was trying the other thing visually,
I was trying to work out when I turned it on,
is was this christ Duture was this Dunedin? Because if

(59:10):
you think about it visually, they both look pretty much
the same until I saw some advertising that seemed to
indicate it was a target. Not to mention the fact,
of course a Targo until yesterday had the Ranfury shield.
But they don't anymore, do they? No, they don't.

Speaker 23 (59:22):
It was came in the long run out for that one.

Speaker 8 (59:26):
Got there in the end.

Speaker 2 (59:27):
Didn't want to rub it in. I didn't want to
rub it in. So how long we're going to hold
it for? Ten years? Twelve fifteen? Anyway? More sport for you, shortly.

Speaker 1 (59:39):
Opinionated, informed, unapologetic, the mic asking breakfast with Defender Trophy,
epic adventure, greater Purpose, youth.

Speaker 13 (59:47):
Talks, that'd be.

Speaker 10 (59:54):
Run and the Warriors have won this top of the
table clash, this match of the round. They had betam
of Penrod Patners Karen Auckland twenty eight points to twelve.

Speaker 7 (01:00:09):
You're Blacks open their rugbs grated rivalry Tour when the
thirty eight twenty one victory over the Stormers and Cape down.

Speaker 10 (01:00:20):
Janivary shakes the shell Tago nineteen points, top fifty.

Speaker 1 (01:00:26):
The Monday Morning Commentary barks with spears Finance smart asset
and equipment finance for Kiwi businesses.

Speaker 2 (01:00:33):
Andrews have a good morning, Jason playing good morning, Good morning, Michael.
You got the answer, Jason wis at somebody in the
Needen Stadium when it's indoors under a roof.

Speaker 9 (01:00:43):
No, I've been spending the last ten minutes doing some
some research for you, Mike. It's it's natural grass with
a couple of artificial fibers in there under the roof
at Forsyth Bar. There should be no reason why it
should be muddy. I mean it's grass like outside.

Speaker 2 (01:00:58):
But yeah, don't have to water to the point where
we get dirty.

Speaker 4 (01:01:02):
No.

Speaker 7 (01:01:03):
No, I think if it's I think if it's gloomy overhead,
it's quite difficult to grow. I know they have banks
of lights that they put in there which just sit
above the grass to try and help replicate sunlight, I suppose.
But if it's gloomy outside, there's no sun coming through
that roof, Mike, I think that might well be the issue.

(01:01:23):
The other point is I think, given forsythe bar was
built some time ago, the Christchurch Stadium would now use
different or newer technology, so they may not have as
much of an issue. I stand corrected, But that's my theory.

Speaker 2 (01:01:38):
But okay, so let's open a book. How long does
Canterbury Jason hold the Randfurlly Shield for three seasons of four?

Speaker 12 (01:01:44):
Yeah?

Speaker 9 (01:01:45):
Think about it. I thought, I watched I watched that
game yesterday and Canterbury didn't seem that excited to win
the Ranfurley Shield. Yeah, and I thought, well do they
deserve to have it? Everybody else?

Speaker 24 (01:01:58):
There was some celebrations, it was elebrations, yeah they were,
but no one was running onto the field save and
you know, when the ran Furley Shield gets one, you
know often it's a highlight of a primatial player's career.

Speaker 9 (01:02:11):
So look, look good on Canterbury, you know, good on
them for winning it, and and look they'll probably have
it for a while. Bay of plenty. Next, I think
are the next challenges, But yeah, it just didn't seem
to have the excitement of when Otago won it, for example,
off Canterbury last year. I watched those scenes yesterday just
as a bit of a throwback, and they seemed a
lot more excited.

Speaker 7 (01:02:29):
But I think I think it would mean that he
have a lot to the players, right, and I think
it would mean a lot to people in Canterbury, but
not like the good old days. Mike, right, you'd agree.

Speaker 2 (01:02:38):
I agree. It's it's not like we need to go
down to Rick just to watch them parade down the street.
It was just like that, that's stuff that would stop
the town, whereas that's life's moved on.

Speaker 7 (01:02:48):
Guys like Robbie Dean's and parades, Grez, we know one
at the airport, we know one at the airport to
welcome them home. But saying that if an outfit like
if an outok fit like one or two, oh sure
they of it. If they won, it didn't go on
they have recently.

Speaker 2 (01:03:05):
I gotta say I didn't watch the game, but I
sort of like smodges A walking past it. But that
Western Springs thing with Auckland playing whoever Auckland played, I
mean it's it's you might as well played in the
local neighborhood park. Now, I mean, has it got that bad?
You know what I mean? It's not the same.

Speaker 7 (01:03:20):
Well, it's probably better. It's probably closer and better atmosphere
than some of the ground's MPC games are played at
with with small crowds. Again, the provinces not a major problem.
The big cities an issue.

Speaker 9 (01:03:32):
Yeah, if you have if you have a thousand people
of Eaton Park or at Wellington Stadium, it just looks horrendous,
doesn't it. Yeah, Western Springs. I did liked dupless Kardif's
sprint from the back of the line out to set
up a try playing at second five. Mike, you would
have enjoyed that seeing dupless kif A's second five for.

Speaker 2 (01:03:51):
Wellington, didn't. I didn't notice that particular.

Speaker 7 (01:03:55):
You were clearly on Saturdays, still coming down from clamning,
not just as amazing scenes on Friday Night.

Speaker 2 (01:04:06):
There is no team better than us in the NRL,
am I corrector might we can literally beat anybody?

Speaker 9 (01:04:14):
Yep, yep, I agree with that, I think, and Friday
Night showed that. And as I heard, you're speaking of
Cameron George and he's always reserved ane, but he said, yeah,
our intent is to win the next four.

Speaker 14 (01:04:23):
Yeah.

Speaker 9 (01:04:24):
I mean that the Sharks losing to the Dragons last night,
you know, helped the Warriors out a bit, but I
still think, you know, the four games they could. You know,
the Roosters play the Panthers Thursday night. Somebody's going to
lose that game. So the Warriors will be back to
second when they beat the Broncos on the weekend.

Speaker 2 (01:04:41):
What are you talking about? We're second now, the top
two of the same score, so the next one down second.

Speaker 9 (01:04:47):
Right, there's teams two teams above us, but we're still
seeing well they're the same score. Okay, okay, geez.

Speaker 2 (01:04:56):
It's all about attitude, Jason, Yes, yes, it's it's how
you see the numbers. Numbers can be anything you want
them to be.

Speaker 8 (01:05:05):
Now, is that is?

Speaker 7 (01:05:06):
That is the NR old table similar to the petrol
excise text, Which.

Speaker 2 (01:05:13):
Simple, isn't it? I mean, come on, you can't tell
me that there was something that's already there is a
new text when it isn't a text and it's been
adjusted for inflating. I mean, surely we all understand that,
don't we.

Speaker 10 (01:05:24):
Yeah?

Speaker 7 (01:05:25):
Yeah, yeah, yeah, yeah, yeah yeah, Yeah, Warriors, Mike, we're
in the amazing scenes, Jason, that Harker was absolutely fantastic.
Then the game you have Fisher Harris playing his backside off,
which he usually does, but Jeeze was inspirational, Lequa Hellasma
had loose, Metcalf making his comeback and starring that that

(01:05:46):
hell of Seema is going to be a superstar for
many years to come. Then you have the crowd afterwards
celebrating what wonderful scenes. And then Michael, you're tuning on
Saturday morning to watch the All Blacks over officiated stop
start stop start, whistle whistle whistle, and you wonder why
the game of Union has a problem.

Speaker 2 (01:06:05):
What a very good point. I've got a I've got
a conundrum for you both in a moment, Andrew Sevil
Jason pine More shortly thirteen past.

Speaker 1 (01:06:12):
The Mic Hosking Breakfast Full Show podcast on iHeart Radio,
cow it By.

Speaker 2 (01:06:16):
News Talks it Be New Talks sixteen past eight, the
Monday Morning commentary Barks with Spears, Fight Ads, Smart asst
and Equipment Fight adds for Kiwi businesses. Yes, the conundrum, Andrew,
so do what do you do with Metcalf? So the
argument is does a player lose their position because of injury. No,
does a player get picked on form? Yes, So what

(01:06:38):
wins injury? Your form? Because you can't put Metcalf back down,
can you?

Speaker 7 (01:06:43):
I don't think you can after that performance. And Webs
has always struck me as being pretty pragmatic sort of character.
So I'd imagine he'll stay, won'ty.

Speaker 2 (01:06:50):
I would have thought that you'd have to You can't.
He can't do that. And then you say, ah, you're
back on the bench, thanks for coming, can you.

Speaker 8 (01:06:55):
Yeah.

Speaker 9 (01:06:56):
Clearly there's been a falling out between between the club
and Luke Metcalf and and you know, over his decision
to leave. But he's in there now. He was the
best player out there on Friday nights. And you're right, Mike,
you know that's been Andrew Webster's thing the whole time
is if you play in my team and play well,
you don't get dropped even if somebody comes back. So
Luke Metcalf could be a massive part of the back

(01:07:18):
end of the season. Look, I've been wanting to see
him there for a while. It's happened through misfortune rather
than than you know, selection from Andrew Webster.

Speaker 7 (01:07:26):
But he's there.

Speaker 9 (01:07:27):
Now, and I think he's going to have a big
pipe play.

Speaker 7 (01:07:30):
The only thing that was running through the back of
my head on the next day was the only concern
is was that the Warriors Grand Final. Can they keep
lifting over these nick now, listen, Can they keep lifting
over the next three or four weeks of regular season
and then lift again in the playoffs? And then should
they make the Grand Final?

Speaker 2 (01:07:49):
Lift against not an unfair point, That's the key. It's
not an unfair point. I think they're fine for the
rest of the season because they make the playoffs, so
there's that particular hurdles out of the way once you
get But Isaah always said, once you get to the playoffs,
the playoffs, really it's the unfortunate thing. It's why you
like the NBA and the baseball in America. It's a series,
so you can have a bad day and still come
back when when you get the playoffs.

Speaker 7 (01:08:11):
It's like it is also the fact there isn't it.
If you finish high enough, you get a light in
the playoffs and that subconsciously, then do you ease off?

Speaker 2 (01:08:20):
I reckon, that's a mistake. I've always thought to yourself,
if I had a choice, have a week off or
carry on. I'd carry on because you got a rhythm.
You got to rhythm, and you've got to momentum in
the moment you know, you get a week off suddenly, yes,
you might fix some injuries and stuff, but you lose
your you lose your step.

Speaker 9 (01:08:39):
I reckon, But yeah, but if you get that week off,
that means you are then one game away from the
grand final if you win that week one, if you're
in the top four and you win your game in
that round, you get the week off, and then you
are one game away from the Grand final and you
host that game. I think it's a it's a massive
advantage to finish as high as you can and one

(01:09:00):
and two in particular because can you imagine go Media
Stadium for finals matches Friday night was going off? Imagine
a finals match there or matches plural.

Speaker 2 (01:09:10):
We'll have that debate. We if we get a home playoff,
you'll have to have park again, won't you.

Speaker 7 (01:09:16):
The NRAL would because they take all the money, right, Yeah, thell.

Speaker 9 (01:09:19):
Andys gets the gets the cash, doesn't this Cameron George said, good,
I think that would be a big mistake.

Speaker 2 (01:09:24):
I know it would. Bottom line's bottom line.

Speaker 9 (01:09:27):
Yeah, or the resisted that temptation, didn't they? And it
worked for them. I think the Warriors would be putting
their foot down in a major way to say we're
staying where we are.

Speaker 2 (01:09:36):
Quick question for both of you, because you will have
dealt with them more than I have. David Nika, who
we had in last week and see the world's Nicest guy.
What I didn't realize how exceptional he is.

Speaker 7 (01:09:46):
Yeah, top top guy. Mike been through a heck of
a lot, him and his family and his his fiance
and the Thornberry family who he lives and trains with
in rural Queensland. So for him to go out there
on Saturday night it was a grind of a fight.
He's and now he gets another shot at the world title.
Couldn't happen to a bit of bloke.

Speaker 2 (01:10:04):
I also happen to see a bit of the basketball.
You see the basketball yesterday? That was that was that
reminded me of old days. Carl Stadium sad that packed house. Yep,
local sport people into where the Southland wins place goes off.
That's that's like the good old days.

Speaker 7 (01:10:20):
Yeah, great scenes, great finish over time Yep. It certainly
brought back memories of that great Canterbury team or the
NBL of the of the eighties and nineties. That's short.

Speaker 9 (01:10:30):
You made it about you made it about Canterbury again.

Speaker 2 (01:10:33):
All those were the days the Hill Brothers. Don't you
remember the Hill Brothers, Jason A.

Speaker 7 (01:10:36):
The Hill Brothers, John Duchy, Radamaker Duchy, all the great yet.

Speaker 9 (01:10:41):
Ram, have we've forgotten? Have we've forgotten Kennymick Fatnen up
in Saints Country? Have we forgotten about his three pointed
to win that Grand Final on Live TV on Saturday
night on TV one?

Speaker 2 (01:10:51):
Have we jeez? Clearly you hadn't quick question?

Speaker 7 (01:10:54):
And I asked us.

Speaker 2 (01:10:55):
I asked us from a very quick question. I was
watching what's going on with the ESPN? Do ither of
you know? I watched over the weekend. I flicked across
to esp and they had a slippery step competition on
I'm not making this up. They was televised slippery step
competition in which people had to run up slippery steps

(01:11:16):
with soap running down them and people squirting stuff at them.
And they call that sport and that's on, that's on
global television. What the hell's going on there? Exactly? You
can't answer it, can you?

Speaker 7 (01:11:26):
They have it? What's the what's the little bag?

Speaker 9 (01:11:28):
The corn bag?

Speaker 7 (01:11:29):
That's the other thing, the corn holes. It's bloody ridiculous.

Speaker 2 (01:11:35):
I mean, you and I in our back yard, I'd
fair enough nothing wrong with it. You don't televise it
to the world and call it sport. Have they run
out of sport?

Speaker 7 (01:11:43):
The big question of the day though, Mike, it will
the ESPN have a camera at the Zipbe reunion do
on Friday to film anyone slipping down the slippery slope
that could.

Speaker 9 (01:11:52):
Be there'll be some slippery, slippery steps at the end
of that region.

Speaker 7 (01:11:57):
I can tell you you know, I've been invited.

Speaker 2 (01:11:59):
My I'm so pleased, and so you deserve to be
And are you coming?

Speaker 7 (01:12:04):
And is it catered? Yes, I'm coming.

Speaker 2 (01:12:06):
It's most definitely caated. Will's in charge of the catering
and so good.

Speaker 7 (01:12:11):
He making the sandwiches.

Speaker 2 (01:12:12):
He's making sandwiches, and he's he's got a tray full
of baking goods just for you. So if you're coming,
there'll be exciting Please. What about you, Jason? Were you
invited as well?

Speaker 9 (01:12:21):
Definitely definitely coming, save I had deexon yesterday on the
show to celebrate one hundred years. He's quite keen to
have a chat to you. Actually, he told me he
wants to have a chat to you about why about
why there are some more crickets.

Speaker 2 (01:12:34):
Well, we'll sit up in the corner, SA, It'll be
deep and.

Speaker 7 (01:12:40):
And are you kicking on afterwards? Mike?

Speaker 2 (01:12:42):
With us kicking on? Is my is my middle name?

Speaker 7 (01:12:50):
We should get We should see if Canterby can bring
the shield up, and we'll invite that will invite the
Hill Brothers.

Speaker 2 (01:12:59):
Be like Memory liized, Oh what a night. Nice to
see you guys, Chason Pie and Andrew Savala twenty two The.

Speaker 1 (01:13:06):
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(01:14:21):
Two day pasking Right, Elbow's got problems. Primary support for
Labour this morning in the poll is at its lowest
level since twenty thirteen. So this is a news poll
for the Australian. It was taken last week between Monday
and Friday's primary vote now is down to twenty nine.
His own personal rating is sitting at minus twenty two.

(01:14:44):
So there isn't an election tomorrow, which is the upside,
but he's got problems more with Steve Price. Just a
couple of months.

Speaker 1 (01:14:51):
You're trusted home for news, Sports, Entertainment, a Finion and
Mike the mic casking Breakfast with Bailey's Real Life State
your local Experts with National and Global Reach us TOGSD
had been.

Speaker 2 (01:15:04):
A long time with the Prime Minister earlier on, but
it's probably worth later on this week in some way,
shape or form, because it wasn't covered properly. So Peter's
last week was in the Pacific and they were having
a big chin Wag and one of the things they're
having at chin Wag about was the Chinese and the
Chinese doing their testing in the Pacific and they didn't
tell anyone about it, and of course we got very
upset about it, and I think the Australians got fairly
upset about it as well. So Peter's was going to

(01:15:27):
go along to the Pacific Forum leaders chen Wag and go, well,
come on, let's put out to communicate and we'll tell
those Chinese just what we think of them.

Speaker 7 (01:15:35):
Now.

Speaker 2 (01:15:35):
The problem with the Forum is that they work as
a committee. They work in consensus, which is no way
to work at all. Of course, in a couple of
countries that will hold out. So nothing got issued. So
as far as Chinese concerned, nothing happened, so Peter, So
my question then is, given we provide these islands with
a tremendous amount of aid, do we use that aid

(01:15:56):
as leverage to say to these people, if you're not
going to stand up to China or not going to
be a bit bolder and you know, backing our stance
against China, maybe we might revisit the aid or do
we not play the game that way? Twenty two minutes
away from.

Speaker 16 (01:16:09):
Nine International Correspondence with ends and Eye Insurance, Peace of
mind for New Zealand business in.

Speaker 2 (01:16:14):
Australia's Monday Morning see pass through.

Speaker 8 (01:16:16):
Good morning to you, great to be vidiot.

Speaker 2 (01:16:19):
The numbers for elbow this morning. How low do they
have to go? They're down at twenty thirteen lows. How
low do they need to go before somebody within that
party goes this is a problem.

Speaker 13 (01:16:29):
Well, you'd think they'd be there already, given that this
primary vote of twenty nine percent, which were not seen
from Labor since Julia Gillar I've got knifed by Kevin Rudd.
You might recall back then we had Prime Minister rug
Jullie Gillard noted him over because his pole numbers are
they're good. Then she continued to collapse in the numbers
and so they got rid of her and brought back

(01:16:51):
Kevin excuse me, then lost the next election. So you
think Albanezi would be under some pressure, but you know
why he's not. He's not under pressure because the Coalition
are even worse and Angus Taylor his numbers are worse
than Albanezi's. And so until recently Labor really didn't consider
One Nation to be a considerable or real threat. They

(01:17:12):
now need to start thinking about that because Pauline Hansen's
numbers are very strong. The primary vote for One Nation
sits a twenty nine percent as well, so that's exactly
equal to Labor, and you've got the Coalition struggling along
at eighteen percent. So if you were going to have
any discussions out of the news poll this morning that's
in the Australian, you'd be asking yourself who can replace

(01:17:35):
Angus Taylor, because this folk's clearly not resonating with anyone
and the One Nation vote continues to explode around the country.
Daily Telegraphs reporting this morning in the outer fringes of Sydney,
going as far north as Newcastle. One Nation is hugely
popular and there is a state election after the Victorian
one in November. There's a state election in New South

(01:17:56):
Wales early next year, and so One Nation could at
the end of those two state elections be the dominant
party in both states. So I'd be asking questions about
Angus Taylor and who is going to replace him.

Speaker 2 (01:18:08):
But the problem is the problem Angus Taylor or the
problem no matter who leads the coalition. Unless you out
Hanson Hanson, you're going nowhere.

Speaker 13 (01:18:19):
Probably your latter point would be accurate, and for that
reason there is an ongoing debate about immigration numbers.

Speaker 16 (01:18:26):
Now.

Speaker 13 (01:18:27):
Taylor has not been as strong as One Nation obviously
on the question of who we should be bringing into
the country and where we're getting these people from. But
even the Labor Party itself now trying itself in Knots,
where the Home Affairs Minister is in charge of migration numbers.
Was due to address the Press Club last week, cancer
the speech is now going to do it in two
weeks time because internally labor is having a massive debate

(01:18:49):
about what the immigration policy ought to be, who we
should be targeting, where we're going to get them from.
So one nation is causing all sorts of pain and
panic for everybody every other brand of politics in the country.

Speaker 2 (01:19:02):
Does Hanson. I know the answer, but I'll ask it anyway.
So when she comes back and she spent some of
her money on the nine hundred dollars a night five
star hotel in London as she was wandering around Europe
and a fact finding mission, does anyone care about that?
Or is that just you fought for them?

Speaker 21 (01:19:16):
You people to care about it?

Speaker 13 (01:19:17):
That are her critics in the media. The left leaning
media are the ones that are caring on about that.
No one else in the suburbs of Melbourne, Sydney or
anywhere else gives stuff with oh paid for the accommodation
of flights as long as it's not the taxpayers, which
it wasn't.

Speaker 2 (01:19:32):
Why is Friedenberg not appearing?

Speaker 13 (01:19:35):
It's a very good question, and The Australian has broken
the story today Jeff Josh Rodenberg, former Treasurer of course
under a number of labor administrations, most senior Jewish politician
in the country or ex politician. He's not been invited
to speak, to appear in person to the Royal Commission
into Anti Semitism. I mean it seems quite remarkable he's

(01:19:57):
not been invited. The final hearing blocking Sydney will run
from August seventeen to August twenty eight, and he was
told on Friday he would not be called to testify. Now,
he is the guy, obviously, and this is very political
as well, who led the criticism of the Albanezy government
in response to those Bondai Beach terror attacks. I mean,

(01:20:18):
he was the one who said we have to have
a Royal commission, We've got to get to the bottom
of what's going on with Andy Simmeitis. And there was
no one more prominent than him but the former High
Court Justice Virginia Bell. He told her two months ago
he wanted to appear as a witness. As of Monday
last week, they'd heard from two hundred and six different witnesses.
Mike and including a bunch of pro Palestine lawyers, have

(01:20:42):
got up there and making arguments about how it's all
Israel's fault. So why he's not appearing is completely beyond me.

Speaker 2 (01:20:48):
Interesting Jones thing this week will be. I didn't realize
they hated each other quite so much. But Ray Hadley,
who was a nine to noon host on two GB
for many years alongside Ellen Jones. He's in front of
these and he's in the dock, so to speak.

Speaker 7 (01:21:01):
This week.

Speaker 2 (01:21:02):
I'm assume because Jay witnessed Jay or what have they
called him?

Speaker 14 (01:21:06):
Jay?

Speaker 2 (01:21:06):
Last week was by a video link. I take it
heavily he will be in the same room, might he?

Speaker 8 (01:21:11):
He will be.

Speaker 21 (01:21:12):
He's going to appear there in person.

Speaker 13 (01:21:14):
I mean, I knew he hated him because I worked
with both of them, and one of them, Ray would
unload on Jones on a regular basis too me to
tell me how much he disposed the bloke, So that
comes as no surprise. But the fact that he's going
to appear there in person with Joan sitting in the
body at the court is quite remarkable. I think one

(01:21:36):
of the reasons that Ray has been called as a
witness is that, as I understand it, there are people
who used to work in Ray's office that might be
involved in this whole case, so that might be one
of the reasons why he's been called. But the media
interest was it a peak last week? We've rarely seen it,

(01:21:58):
so it's going to go to a new level this week.

Speaker 2 (01:22:01):
What would you say? I mean, it's one thing to
be on the news obviously, as it was every night
last week. What would you say the level of interest
among regular, ordinary, every day Australian's work was literally everyone
talking about it or.

Speaker 13 (01:22:12):
Not huge in Sydney, No one else anywhere else cares.
These are two very Sydney media figures. Neither have ever been,
unlike your good self, networked anywhere and they've only been
on radio in Sydney. Hadley was for a while on
the Brisbane radio as well, but never into Melbourne. So
if you talk about the other big capital cities, particularly Melbourne,

(01:22:33):
no one and Melbourne would care less.

Speaker 2 (01:22:35):
Good to see them. See Wednesday Steve Price out of
Australia of course sixteen.

Speaker 1 (01:22:39):
Two The Like Asking Breakfast Full Show podcast on iHeartRadio
powered by News Talks.

Speaker 7 (01:22:46):
At be Mike.

Speaker 2 (01:22:48):
Because this is our year, I do hope that Nicol
will be organizing a Warrior's flight across the Sairsman at
a kind price, Nickel being the rabbis, Shankeres and c.
Then you see them. Believe me, if the Warriors make
the final, there will be a number of flights, So
I fear not about that. What sort of price they'll
be at, I don't know. Discovered over the weekend really
funny story. We watched Ricky Gervass back with a thing

(01:23:08):
called Alley Cats, which is an unusual project. Essentially, it
comes from the fact that he's paid in advance by
Netflix to come up with content and he couldn't really
be bothered. He didn't know what to do, so he
got a whole lot of his mates from After Life
and stuff around and they riffed and they came up
with some cool stuff, and then they got the animators
to make a program out of it. It's an animated

(01:23:30):
program involving cats. Hence it's called Alley Cats, and Jervas's
voice is to a big fat tabby. It's been universally panned,
like I cannot find a good review for love nor money,
and it's one star. It's not just oh it could
have been better, or it's okay, it's like one star.
It's a disaster. It's a problem. Now. If you know
anything about Ricky Jervas, you know he's big on the language.

(01:23:53):
So there's plenty of language in it. There's the old
Ricky based themes about God and life and aspiration and
hope and you know, goodwill and all those sort of things.
I thought it was genius. I thought it was absolutely exceptional,
and Katie agrees with me. We sat there laughing our
heads off. It was fantastically irreverent, exceedingly funny. There are

(01:24:16):
just six episodes. They're fifteen minutes long each. They're little
vignettes almost. There's a thing that runs through it in
the theme as they discover a small kitten NEOs lost
at home and they need to find the kit in home,
which spoiler alert, they do by the end of it
with a twist. Anyway, the point being it's it's one
of those rare moments where literally everyone sits there bagging

(01:24:38):
it and I'm sitting there. For the life of me,
I can't understand what your problem was. If you want
to be offended about language, or be offended if you
don't like Ricky gives to start, then don't review the
program because you're not going to like it because it's
Ricky Gervais. But apart from that, if you've got an
open mind and you like to be entertained, I can
thoroughly recommend it because it is so fantastically un pc

(01:24:59):
in a piece world. I think you'll probably enjoy it.
It's on Netflix, It's called Alley Cats, It's Ricky Gervase.
Ten to nine The Mike Hosking Breakfast with Bailey's Real
Estate News Dogs V. Now did you know that over
twenty six thousand Kiwis have discovered that the key to
their retirement is right in the wall. So this is
the key to the Heartland Bank reverse mortgage, of course.

Speaker 13 (01:25:19):
So what that does?

Speaker 2 (01:25:20):
It lets you unlock the value of your home. That
means you can leverage the asset while you keep the
home you love. Here's how it works, right, So your
Heartland Bank specialist works out with you, figures out basically
how much you're able to access. There's no negative equi guarantee, right,
So there's a no negative equity guarantee. So what does
that mean? It means you'll never owe more than what
your home sells for. There are no compulsory repayments while

(01:25:43):
you live in your home, so that helps ease the
cash flow pressure, and the lifetime occupancy promise means you
continue to own and live in your home for as
long as you choose. So what do people use that
reverse mortgage money for?

Speaker 7 (01:25:54):
Well?

Speaker 2 (01:25:54):
Trips overseas obviously to see the grand Kits renovations, consolidating
the debt, healthcare by bike for goodness sake, because why
wouldn't you Whatever you want, it's your money. So if
you're over sixty unlocked the possibilities of that retirement with
a Heartland Bank reverse mortgage, here's where you go. Eight
hundred four double eight seven four Oh, got it? Eight
hundred four double eight seven four oh or Heartland dot

(01:26:15):
co dot nz is their address. Heartland dot co dot
inzaid Heartland Banks responsible lending criteria by the way Tea's
and c's apply. Husking I Boinge watched Elliekats yesterday. It
was part funny, part sad. I liked it. Yeah, it's
part it's it's poignant, I think, isn't it's it's poignant
and wickedly funny. Totally agree, Mike Ellikats just topped the

(01:26:35):
weekend off for us after the war. Is incredible. Vote
Ricky Gervases genuinely funny and how refreshingly good it is
to laugh, laugh, laugh and laugh. Couldn't agree with you,
just to finish it off. By the way, if you're
thinking of leaving to Australia, I think that tides fully turned.
The big four banks over the weekend announced they are
the Commonwealth, Westpac, NAB and A and Z same four
US of course being anyway the big four There. Property

(01:26:56):
markets might might recover next year, but not enough to
offset what they're going to lose this year, Sydney and
Melbourne falling between three and nine percent this year. It's
all about the interest rates which are going up, the
affordability which is going down, the government's property taxation reforms,
which is something you want to think about in our
campaign of course. Seeing the sharpest fall the nation my

(01:27:18):
property values in four years. So if you think things
are bad here, and they're not really they're just a
bit flat here, they're bad in Australia five minutes away
from nine.

Speaker 1 (01:27:26):
Trending now with chemist Wells keeping Kiwi's healthy.

Speaker 8 (01:27:30):
All year round.

Speaker 2 (01:27:31):
Funny. How proud are you, Mike to be a Warriors
fan At the moment, I'd say, eleven out of ten.
It's incredible how many people text him when the things
are going well, where were you three weeks ago? Hey?
And then everyone's bagging me? Oh, you lose and worries
the losers? Then and had a win all of a sudden,
everyone's affair with a friend. Aren't you you heard of
Connor Price? He's a Canadian rapper and he's one of

(01:27:54):
those guys got a lot of streams anyway. His latest
song is called Hay Heartbreaker. It's a thing because of
the guy who's singing the chorus hard Breaker.

Speaker 24 (01:28:06):
I've see.

Speaker 16 (01:28:14):
Take.

Speaker 4 (01:28:22):
They say the sun is hotter, but it's honestly you
and I could send a driver if you want to
come to and girl, I'm down to talk at the
topic is you?

Speaker 20 (01:28:30):
Yeah, I've been cleaning up my act.

Speaker 10 (01:28:31):
I got a map in a brunk How you feel
about gelatois and cerem soon?

Speaker 1 (01:28:35):
If you're down, I gotta s talk like that.

Speaker 2 (01:28:38):
You could what you want while we taking a film.
Certainly not the ones I watched on the use over
the weekend talking about the fires. None of them were
reckoning about the fires or being gentlemanly. Right this John,
who is this? This is Ellen Richson. That's right, Jack Richard.
He actually started out on American Idol, So if you

(01:28:59):
didn't know you started American Idol, you'd look at him go,
oh my god, Jack Reacher can sing. Isn't that incredible?
But before he was Jack Reacher is just another Protestant
on reality television. For all I know, he was probably
on ESPN Slippery Steps competition and he didn't even get
to the top, and so they thought, well, there's another loser.
You can't even get to the top of the Slippery Steps.
So you know where's he going? He was Jack Reacher

(01:29:21):
back tomorrow morning from six as always, Happy Days.

Speaker 16 (01:29:32):
Take you.

Speaker 1 (01:29:42):
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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