Full Show Podcast: 10 December 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
What being used fold opinions. Heather due for Sea Allen
on the Mike Hosking Breakfast with a Vida, Retirement, Communities,
Life Your Way, News, tog sad Bed.

Speaker 2 (00:11):
Morning and Welcome. Coming up today are the investor is
going to put money into kiwibanks. We're going to speak
to one after seven o'clock. Our parents being given too
much sday on what the kids are learning in the
old sex ed at school. Apparently they are and apparently
actually that needs to change, so we'll have to chat
to the earro's Ruth Shanoda on that, the Air New
Zealand boss on a year that he'd probably rather forget,
and the Prime Minister is in for a chat with

(00:32):
us after half past seven.

Speaker 3 (00:33):
Heather due for Sea Allen.

Speaker 2 (00:35):
Yesterday something happened which is reasonably significant. A long running
court case came to an end at least for now,
and the B and Z has one permission to shut
down Gloria Vale's bank accounts.

Speaker 4 (00:45):
Now.

Speaker 2 (00:45):
I actually feel quite uncomfortable about this, and I'm not
uncomfortable because I'm a fan of Gloria of OL's quite
the opposite. I think the place is weird. I'd like
to see it close. I'd like to see the people
there realize just how weird their situation is. And so
I guess, on the face of it, I should actually
like what B and ZED is doing because it will
effectively and quite possibly actually end up shutting down Gloria Vale.
Because without a bank, how on earth is Gloria Vale

(01:07):
going to be able to continue. I mean, no one
else is going to bank them. They've tried. This is
why they took the court case, because they were trying
to force B and Z to keep their bank accounts open.
Because without these bank accounts, it be in Z basically
can't do business anymore. Can They can't do anything?

Speaker 5 (01:21):
Really?

Speaker 2 (01:21):
I mean, you think about your situation in the modern world.
If you didn't have a bank account, you can't survive.
It's how you get paid, it's how you pay your
power bills, it's how you get a mortgage to be
able to buy a house, it's how you order things
from overseas with the credit card that the bank gives you.
Absolutely everything nowadays requires you to have a bank account.
And yet I still, despite the fact that I don't
like Gloria l and the fact that I would like
them to close down. I still do not think this

(01:43):
is the right thing for B and Z to be doing.
Because of the precedent that this sets. Banks can shut
your account if they don't like what you're doing, by
the looks of things, doesn't have to be criminals, just
don't have to like it. And I think there's already
too much of this moral police and coming from the banks.
I mean, have a look at what's already going on
the Aussie banks here imposing penalties in our dairy farmers

(02:03):
because they think that they're not cutting emissions by enough.
You've got Kiwibank already pledging to stop banking coal mining
businesses because they don't like that. You've got B and
Z who will not let a couple of women run
who are running a sex toy shop open bank accounts
because B and Z doesn't like sex toy shops. By
the looks of things, there is a massive d banking
scandal playing out in the US where even Malania Trump

(02:24):
reckons that her account will shut down after the January
sixth rides. It's already played out in the UK with
Nigel Farage. And to be fair to banks, it's not
as if this is something that they've just taken up recently.
I mean, remember, these are the guys who wouldn't let
women take out mortgages unless a male relative said it
was okay. And we're talking as recently as the nineteen eighties. Now,
I get that it's a bank's right to stop doing

(02:45):
business with whoever it wants to, and refuse to do
business whoever it wants to. I just don't like the
bank's reason for why they're doing this, because if it's
Gloria v Ail today, a couple of girls selling sex
toys tomorrow, who comes next?

Speaker 3 (02:59):
News of the world in ninety seconds?

Speaker 2 (03:01):
All right, So what does it look like in Syria
thirty sixty hours on from a SAD being overthrown.

Speaker 6 (03:05):
This is the third or fourth tank that we've passed
on the road from the border.

Speaker 7 (03:10):
We're on the.

Speaker 6 (03:10):
Outskirts now of Damascus. They're literally just left in the road,
along with uniform boots other bits of military paraphernalia, just discarded.

Speaker 2 (03:19):
Israel ragain trying to take critic.

Speaker 8 (03:21):
Israel's forceful action against Ksboula and against Iran. Ussad's main
supporters were in turn used by usad's enemies. It's set
a chain of events a chain reaction for those who
want to free themselves from this tyranny.

Speaker 2 (03:37):
Now, these Syrian refugees never thought they'd be able to
come home.

Speaker 9 (03:40):
I am sixty years old and this is the first
time I stand here.

Speaker 6 (03:44):
People are getting delirious.

Speaker 9 (03:45):
Your happiness here today, Our happiness is indescribable and priceless
because what's happening now in Damascus will benefit all Arab nations,
as Damascus is the mother of the Arabs.

Speaker 2 (03:55):
Meanwhile, the US has taken the opportunity to hit those
ISIS camps in Syria.

Speaker 10 (04:00):
Think that we're going to find it. We've been pretty successful,
but that's focused on ISIS to keep the pressure on
ISIS and to deny them the ability to easily research.

Speaker 2 (04:11):
Now over to the States, New York's Mayor Eric Adams
says they're closing in on the CEO killer, with police
also taking the search to Georgia.

Speaker 11 (04:18):
That is tightening and we're going to bring this person
to justice as a horrific of incident in our city,
and we want to make sure this person is remove
up the streets of America, not only off.

Speaker 12 (04:30):
The streets of New York.

Speaker 2 (04:31):
The FBI says China launched a major cyber attack last month.
Republicans are now worried about election hacking.

Speaker 13 (04:36):
It's a real wake up call for the United States
of America that China is not only our chief adversary,
but they're hell bent on gaining valuable information by any
means necessary. We've got to take it seriously. We have
to have some sort of deterrence here so they don't
feel like they can get away with this.

Speaker 2 (04:53):
And finally, as I was telling you yesterday, Taylor Swift's
Eras Tour is now officially over nine different shows, a
new touring revenue record of two point zero seven seven
billion US dollars or three and a half billion New
Zealand dollars. Now that more than doubles Alton John's Farewell
Yellow Brick Tour Yellow Brick Road Tour actually, which brought

(05:13):
in nine hundred and thirty nine million US dollars, even
though that had over three hundred and thirty shows. Now
three hundred and thirty versus who are one forty nine? Right,
he's done twice as much with half the shows. The
highest single concert attendance was in Melbourne, so if you
were there, how good Ninety six thousand and six fans.
Brilliant stuff. Well done to Taylor Swift. Suppose now we

(05:35):
can stop talking about a soft lan your music. Heay
give ourself some respite. It was a hint. It was
a hint to Glenn Hey over in South Korea. Listen
on the impeachment matter. Now, the president there has escaped
the impeachment for that martial law stunt that he's pulled,
but he is not allowed to go anywhere now, so
authorities have imposed a travel ban on him and a
bunch of others who were also involved, including the Army

(05:56):
Chief of stuff. He is still the president because despite
all the calls for him to res he's refusing to resign.
Still the president, just a president that can't leave the country.
Thirteen past six.

Speaker 1 (06:08):
The mic Asking Breakfast Full Show podcast on iHeartRadio.

Speaker 3 (06:12):
How of my news talks.

Speaker 2 (06:13):
B Yeah, the B and Z refused to lend me
money to buy a fuel stop because it was involved
with fossil fuel. Now, I've got to be honestly, I'm
not altogether surprised by that. And the reason for that
is we've actually we've actually had somebody get in contact
with us who's in exactly the same situation. They say
they already own a fuel stop, they've got a gas station.
But one of the banks, and I think it might
be bn Z, actually has said they will not lend

(06:36):
to them beyond twenty thirty because that's when all this
climate stuff starts kicking in. So the banking basically runs
out in about six years time. And if we're lucky,
maybe we'll talk to them tomorrow. Let's see how it goes.
Sixteen past six Craft Andrew calla Jay am I well
for us, morning to you Andrew, very good morning ever
RBA day.

Speaker 7 (06:56):
What do you reckon?

Speaker 2 (06:56):
They going to do?

Speaker 12 (06:57):
Not much?

Speaker 14 (06:59):
Yeah, it's bit of a quiet start to the week domestically.
So we're looking across the Tasmum today at the Reserve
Bank over there. Their last chance this year, Heather to
reduce interest rates. As I said, it's probably looking like
they won't. Just as a reminder, they're our ocr sitting
at four and a quarter. Australia is a little bit
higher at four point three five. It's been there since
November twenty twenty three, but the forecast trajectories are quite different.

(07:23):
Remember they didn't push their cash rate any higher than
four point three five. We hit what five and a half,
so we've had quite a bit more of a roller
coaster ride. Governor Michelle Bullock doesn't seem to be in
any hurry to get the cash rate lower. Look, it
has appeared that their economy has been a bit more
resilient than ours, but there are now increasing calls across
the Tasman for interest rate relief. Now now get this

(07:45):
on a per capita basis, so per population, the Aussies
have now had negative GDP growth for seven consecutive quarters.

Speaker 12 (07:54):
Now not dissimilar to us.

Speaker 14 (07:56):
They've been saved in a sense by a big inward
migration surge.

Speaker 12 (08:00):
But Heather, this is tough for the Aussies to take.

Speaker 14 (08:02):
Remember, the lucky country had an amazing recession free run
for decades. I think it was almost thirty years. They
didn't have a recession at headline level. So they're just
not used to this anemic growth. And the issue over
there is the increasing share of the local economy that's
been taken up by the government because the private sector
is quite weak.

Speaker 12 (08:20):
Yeah, they've have had a stronger jobs market than us.

Speaker 14 (08:23):
You've had lots of Keiwis heading over there looking for work,
looking for those green depastures. Their consumer confidence is lifting
the market. Expectations are for no cut in the RBA
cash rate until the middle of next year. Well by
that stage, our official cashut we could be down at
three and a half by then, but they'll still be
up there. All will be revealed at four point thirty
this afternoon, Heather, and we'll report back on that tomorrow.

Speaker 2 (08:45):
Yeah, there are just except all right, listen on China.
No inflation.

Speaker 12 (08:49):
There is no inflation in China. There's nothing.

Speaker 14 (08:51):
So this is from one of our major trading partners
to another one China.

Speaker 12 (08:55):
So inflation numbers yesterday, yep. Nothing.

Speaker 14 (08:58):
In fact, the risk of deflation there remains very high.
They're November CPI printed at zero point two percent year
and yet that's.

Speaker 12 (09:06):
The yearly number, Heather, point two percent. That was actually
low than expected. At this point.

Speaker 14 (09:11):
The stimulus policies aren't having any real impact at all.
In October the number zero point three percent, So it's fallen.
They thought it was going to lift to zero point
four percent, So that point two is a bit of
a miss.

Speaker 12 (09:22):
On a month to month basis.

Speaker 14 (09:24):
Their CPI fell zero point six percent, fell zero point
six percent.

Speaker 12 (09:29):
Core CPI a little bit higher.

Speaker 14 (09:30):
But when I look at the what we call inflation
for business, this is their producer price inflation.

Speaker 12 (09:37):
This is really problematic.

Speaker 14 (09:38):
It fell two and a half percent in October, it
was down two point nine percent.

Speaker 12 (09:42):
So the deflationary streak and producer price.

Speaker 14 (09:46):
Inflation in China now stands at twenty six months, so
very tough for businesses over there. A couple of points
will make about this, Heather. The Chinese economy is huge.
We can't just look at the numbers of these numbers
sort of too broadly, because if you look at the
recent global dairy trade numbers, we're seeing Chinese demand come back.

Speaker 12 (10:03):
So just the fact that.

Speaker 14 (10:04):
The economy isn't doing well doesn't mean they won't want
to buy the stuff that we sell. Also overnight, Heather,
we've had a policy response from Chinese authorities. This is
potentially pretty significant. It comes from the Pollit Bureau. They're
going to be more aggressive and stimulating domestic demand. They're
going to adopt a moderately loose strategy for monetary policy
in twenty twenty five.

Speaker 12 (10:25):
This is a key shift.

Speaker 14 (10:26):
No details yet, but it's given Hong Kong property stops
a bit of a boost and Chinese stops on the
Nasdaq in the US. They've had a big boost, well
up almost ten percent overnight, so good news for the
Chinese economy. Trump coming in next year is a key
risk for China. It is our biggest trading partner, so
we keep an eye on this one.

Speaker 2 (10:45):
Yeah, absolutely, all right, give us the numbers, I sure can.

Speaker 14 (10:48):
The dal Jones is down forty one points about points
zero nine percents of not much really, forty four six
hundred the number there. The S and P five hundred
down twenty four points six sixty six, also down point
four er percent. Of the Nasdaq down point four six percent,
nineteen thousand, seven hundred and sixty seven. The forty one
hundred gain half percent overnight, eight three five to two.

(11:10):
The Necke was up point one eight percent three nine months,
six oh. The Shanghai compe set barely moved three four
oh two, the A six two hundred, Yes, they barely
moved up two points eight four to two to two.
And we had an equally underwhelming day on the insects
fifty down eight points twelve.

Speaker 12 (11:26):
Thousand, eight hundred and one.

Speaker 14 (11:27):
Kiwi doll got a bit of a lift overnight with
that Chinese news point five eight seven nine against the US,
point nine zho nine eight against the Ossie, point five
five sixty one, euro point four to six oh one
against the pound, eighty eight point ninety two against the Japanese.
Yet gold is trading at two thousand, six hundred and
sixty seven dollars in brink crude seventy two dollars and
forty five.

Speaker 2 (11:47):
Cents brilliant stuff. Andrew, thank you as always, enjoy your
day and we'll have a chat to you soon. That's
Andrew Kallaher of JMI Wealth. Listen over in Syria, they're
pretty stoked still by the you know later the at
the news of the downfall of the sard regime and
the impact is going to have on their lives. Lots
of people getting led out of jail. There's a notorious
military complex which has been used as a jail, called
the Sidinaya Prison and basically used for people who got

(12:11):
on the wrong side of Asardi didn't like him to
chuck them in the slammer that being released. Apparently some
of them have been in the slammer so long they
are so disoriented they don't even know their names or ages. Anymore.
Six two Love.

Speaker 1 (12:23):
Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by
News Talks at be Hey.

Speaker 2 (12:29):
A little bit of breaking news on that CEO shooting
over in the States. The cops are talking over there
to a person of interest that they've located in Pennsylvania
who had a similar gun to the one that was
used in the shooting. And they've also released another couple
of images of the chat that they're looking for in
the back of a taxi. So it sounds like that
investigation is starting to get somewhere. Six twenty five.

Speaker 1 (12:48):
Trending now with Chemist Warehouse Great Savings every day.

Speaker 2 (12:54):
So the eighty second Golden Globe nominations are out and
what is seen by the industry is one of the
most anticipated awards show years and a lot of attention
is going on Selena Gomes and Ariander Grande because they're
both for mcketty stars, right than Nickelodeon Stars, who've both
earned noms. So this is what we've got. We've got
Jason Segal in Shrinking, We've got Jeremy Allen White and
the Bear. They are expected to duke it out for

(13:15):
the Best Performance in a Comedy Selena Gomez has nominations
for Only Murders in the Building and Emelia Perez more
on that shortly. Gary Oldman in Slow Horses is up
against Eddie Redmain in the Day of the Jackal. Now,
that's going to be a type fight because those guys
are both really good. Billy Bob Thulnton Jake Gillenhill Jillen
Hall for Best Actor and a Drama as well. But
hiro Yuka Sonata from the hit show Showgun is expected

(13:39):
to actually be the stiffest competition for Gary Oldman. Now.
Jamie Fox has a nomination for Best Stand Up for
his Netflix show that comes out today, where he's expected
to discuss what put him in hospital and almost killed him.
House of the Dragon has a couple of nyms. While
Best Male Actor in Limited Series is expected to be
the most hotly contested. It's between Colin Farrell for The Penguin,

(14:00):
which is actually an outstanding performance, and then Richard gadd
for Baby Reindeer, which is a very creepy performance. And
then also Andrew Scott in Ripley The Big One, Best Drama,
Day of the Jackal, The Diplomat, Mister and Missus Smith, Showgun,
Slow horses and squid game. And if you missed it
and want some inspiration about Amelia Perez, here's the trailer.

Speaker 12 (14:19):
Are you English.

Speaker 9 (14:23):
Now?

Speaker 7 (14:23):
I'm not English?

Speaker 12 (14:25):
Not because you've you're pretty.

Speaker 3 (14:30):
So there's no client, have a name.

Speaker 15 (14:39):
He desires to remain anonymous.

Speaker 4 (14:42):
If you're not willing to accept, I don't think it's
worth talking.

Speaker 7 (14:50):
Just cut my chest.

Speaker 2 (14:53):
Yeah, to listen, just to accept sounds weird enjoy.

Speaker 16 (15:00):
Next, demanding the answers from the decision makers.

Speaker 1 (15:12):
Can then Duplessy Ellen on the mic Hosking Breakfast with
the range Rover, the la designed to intrigue and use
Tom sed.

Speaker 2 (15:19):
B Catherine Field with us. Very shortly on the reopening
of Notre Dame. Criminal charges from the ComCom So they're
really stepping things up. They's just come out this morning
the Commerce Commission is announced it's going to be filing
criminal charges against a bunch of supermarkets, Woolworth's and Z
that's the whole lot of them. Pack and Save Silverdale
and Pack and save Mill Street. They reckon at the

(15:40):
Commerce Commission. What these guys have been up to is
inaccurate pricing and misleading specials.

Speaker 7 (15:44):
You've got my attention. Pack and save Silverdale's. That's where
I shop every Friday.

Speaker 2 (15:48):
How often do you check you when you see us?
When you go to the Tim tamisle and you see
special Tim Tam price, do you lift the thing up
and see if it's this? If it is a special price.

Speaker 7 (15:58):
Oh, I know, because I'm such a giller Tim Tam buyer. Okay,
I know exactly what.

Speaker 2 (16:02):
They are and they're always bang on with the Tim
Tam price.

Speaker 7 (16:05):
Well, yeah, as far as I as I can tell.
But I'm just saying if i'm you know, am I
getting something out of this if they find them guilty?

Speaker 4 (16:13):
Like?

Speaker 7 (16:13):
Do I get a refund? Do I get a free shop?

Speaker 2 (16:15):
Glenn? We can ask all of these questions for you
can make we can make this sense highly about you,
which it is because you are the consumer what is
going on. So this basically what this will be is
that you'd be going there to your Tim TAM's and
it says three dollars for example, which is a bargain,
by the way, you should buy that, And then you
go to the go to the South check at do
you know three forty nine? Yeah? Yeah, no, regular at

(16:35):
Silverdale as well, pack and say've love it? You get
there you go use your first inaccurate pricing and the
other one we'll be doing the old three dollars and
then you lift it up and it's normal price three
dollars as well. That's what they're in trouble for, allegedly. Anyway,
Commerce Commission. I'm quite pleased to see the Commas Commission
actually putting its money where its mouth is. We'll see
how that goes. It's twenty one away from seven.

Speaker 3 (16:58):
Oh man.

Speaker 2 (16:59):
It was a tough old year for Air New Zealand,
wasn't it. The national Airline's been struggling to make a buck.
It's been slammed for the ticket prices, it's dealt with
the global engine issues, it's got itself into a massive
scrap with Auckland Airport and the man in charge, Greg
four and is with us now morning.

Speaker 17 (17:11):
Greg, good morning, how are you.

Speaker 2 (17:13):
I'm well, thanks very much. Out of ten. How tough
has this year been?

Speaker 17 (17:18):
Well, the good news is we've still got cookie time cookies,
so we're pleased about that. I had you're talking about
term tams. But yeah, look we're doing a good job
with the cookies. The rest of it. Actually, I think
it's doing pretty well. The team that I think are
doing a great job as we get into Christmas, plenty
of things we've been dealing with. I've just got back
from a week overseas finding out how difficult the supply

(17:41):
chain is, and it's certainly keeping us on our toes.

Speaker 2 (17:44):
Now, this is the supply chain read the engine like
getting new planes? Is that what it is?

Speaker 17 (17:49):
Yeah? Yeah, sort of everything hither. You know, when you
sit down and your talk with the people running Rolls
Royce and Nearbus and Saffram which is a major support fire,
and they tell you about how difficult they're found it
trying to get skilled labor from COVID. You know, returning
from COVID, they're dealing with wars in Ukraine which has

(18:10):
not only seen material put into military activity, but also people.
They're dealing with inflation, they're dealing with increased regulatory environments.
And then finally, you know the supply base, which is
thousands of suppliers looking after the aviation industry has never

(18:31):
really recovered, so you know, going are year's behind Airbus.
You can't get a new plane untill twenty thirty one,
et cetera, et cetera. So that challenging, but we're getting
on with it. And the good news is I saw
our first retrofit plane. It's halfway through. It's retrofit in Singapore,
and that's looking good.

Speaker 2 (18:49):
Oh good. Now, listen, the thing that is getting the
goes of your customers. I reckon it's a pricing. Obviously,
I think we all realize prices have gone up, but
I reckon it might actually be the on time performance.
Do you reckon you can fix that.

Speaker 17 (19:02):
I can tell you we are doing everything we can,
and I'd go a step further and say to you
on time actually cancelations is the thing that gives me
the greatest concern at the moment. Too many flights are
getting canceled. Yeah, we're doing everything that we can. A
fair amount of it is just simply getting the part.

(19:22):
We often have to wait for an aircraft to be
what they call on ground aircraft on ground AOG before
the supply will release a part to us. Now we're
working hard on those things. We've got to do better,
and I do apologize because it's not where we want
it to be. Too many flights.

Speaker 2 (19:41):
Something great because everybody is dealing with the same stuff
that you are. I mean, obviously to varying degrees. But
how come your cancelation rate is more than double jetstars.

Speaker 17 (19:51):
Well, it's not actually on the same routes that we
run in the same aircraft. So when you actually break
it down and say, what's your cancelation rate your jets
where they operate, Yeah, that's different to what it is
on the turbo props. Now the turbo props, we're finding
it more difficult to get part and those planes are
also spread out more around the country, so we've got

(20:13):
to get engineers places. But actually, on a like for
life basis, our cancelation rate is actually the same as.

Speaker 2 (20:19):
Jetst It doesn't matter. I mean, if you're if you're
a customer in I don't know, let's say Napier and
you're catching a smaller plane, doesn't really matter what the
plane is, right, You're still getting canceled.

Speaker 17 (20:29):
I agree with you. I don't disagree for a customer,
and when.

Speaker 2 (20:34):
You can and when this is the thing I got,
I book you in New Zealand because I like, in
my head, I like the luxury of it, right, so
I'm expecting a better service.

Speaker 17 (20:43):
Yeah, look, I accept we've got to get on top
of that. Heather and I can tell you we're working
really really hard to do it, to get everything that
we can so we get this thing operating well most
times we do, but when we don't apologize for.

Speaker 2 (20:57):
That, hey, are you going to go back to London?

Speaker 17 (21:02):
We will. Actually the question is when we actually put
in for some slots we didn't expect to get them.
Slots of the ability to land.

Speaker 2 (21:11):
And take off, you get the gap wet ones.

Speaker 17 (21:14):
Gatwick came back and said yes, and they said, look,
you can start in April next year. That got us
excited initially, but of course the problem I've got is
I haven't got any planes. I was talking to the
chief executive at Barn Kelly, who's the new chaplain in charge.
I was over there four weeks ago meeting with him.
We're desperately trying to get these planes. We're working hard

(21:37):
on doing that, but you know, we have to be
in the queue along with United and Delta and CAFA
and British Airways, and we were in that queue. But
we expect to get those planes the beginning of twenty
twenty six, so they're still over a year away, and
in sometime that year, with a bit of luck, we'll

(21:57):
be able to get London back up and.

Speaker 2 (21:59):
Right any days where you regret coming back from Walmart
to New Zealand to do this, and now you've been
lumped with this company.

Speaker 17 (22:06):
You know, it's not a question that I actually consider,
to be honest with you, Heather. You know, when you're
in it, you're just going to get on with it.
And it has been interesting, hasn't it.

Speaker 4 (22:16):
You know.

Speaker 17 (22:16):
I started the day we stopped flowing to Shanghai. Five
weeks later we closed the airline down. Basically apart from
repatriation in cargo, was mad two and a half years
doing a capital raise. We then went flat out trying
to get the thing open again quickly, and then we've
had supply chain issues and engine problems. But that's okay.
You get on with it. And you know, we did

(22:38):
get voted by customers is the best airline in the
world three months ago, and I'm really proud of the
team for doing that. And you know, I came back
on a bunch of other airlines this week. You know,
I've been in Europe and I can tell you we
stand up very very well, very well the quality of
our food, our service, way that our team look after

(23:00):
our customers. I would put them against anyone out there.

Speaker 2 (23:04):
I'll tell you what, Greek, the one thing you guys
have got going for is you have an excellent team. Listen,
thank you very much, Enjoy your Christmas and best of
black next year. That's Greek four and in New Zealand
CE I'm getting texts already, by the way, just on
another subject, on the six head and the parents. I'm
going to get you across that shortly quarter.

Speaker 1 (23:17):
Two the mic Asking Breakfast Full Show podcast on iHeartRadio
powered by News Talks AP Hither.

Speaker 2 (23:24):
I've had my second flight in two days, canceled on
in New Zealand at a peak time Wellington to Auckland,
now offering me a flight at one o'clock to day.
It's a joke and the texts are like that pretty
much as you can imagine. Twelve away from seven.

Speaker 18 (23:34):
Captn International correspondence with ends and eye Insurance, peace of
mind for New Zealand business.

Speaker 2 (23:40):
Yeah, Captain Field in France with us right now. Hey Catherine,
good morning heaven you've been seeing not to dime yet?
Oh have I ever? Have I ever?

Speaker 19 (23:49):
Got in there? Pretty much a fabulous, absolutely extraordinary Oh
I mean, where does one start they've taken away what
eight one hundred and fifty years of grime of can
of all the debris of candle, smoke of incense, smoke
of just taking it away. And you you walk in

(24:11):
and you get this extraordinary perspective of what those architects
originally wanted. They wanted height, they wanted width, they wanted length,
and you get that and it's just the light that
comes in. And at the same time you get this
enormous appreciation of the work that's gone and to make
it like they're true, over five years, all these specialists

(24:34):
came in and just redid it. And you look at
that and you just immediately understand what a huge undertaking
this was then, and you as you go through, you know,
and you talk crimes are lucky enough to be able
to talk to each of the crafts people as as
going along, and you understand that you in this typical
present Macron way, they deliberately gave the contracts to Notre

(24:56):
Dame to small family firms all around France, so as
the economic effect of this would come through, it would
be great for them. And also that they got this
cathedral rebuilt using original techniques. So you now have this
whole number of tradesmen who have been built up, who
have been taught the skills of carpentry, roofing, painting, your

(25:21):
delicate handwork, all this have been done and they've all
been done through little firms, French firms, rather than giving
it to one big company. So you go through and
you just see your on a week when you've got
political turmoil on France, you see the flip side of it,
which is the potential to do a job like this and.

Speaker 2 (25:39):
To do it well. I know that macrom thinks it's
going to play well for him politically. Is it realistic?
Not really?

Speaker 19 (25:46):
I mean, the French won't be duped by this. His
approval rating is about twenty three percent at the moment,
which for a French president isn't bad. But yeah, he
had hoped that it would give a new lease of
political life to him. I don't think it will because
he's still struggling to find a prime minister. But certainly
that didn't stop him stealing the limelight for a whole

(26:07):
day and particularly getting that all important trilateral meeting between
incoming President the US Donald Trump and Ukrainian President Zelensky.
He certainly had hope that would show that he's the
man in this new world to be able to bring
people together. I'm not sure it went too far. Trump
came out of that trilateral meeting wanting an immediate ceasfire,

(26:30):
and Zelensky came out of it saying that there needs
to be a just and strong peace. So he might
have brought them all together. Might have been a great
photo op. Might have been that very awkward handshake between
Macron and Trump, which seemed to be a real sort
of grip rather than a gentle handshake. But for the moment,
that's all that SEMs to have come out of it.

Speaker 2 (26:51):
Yeah, good stuff. It always is the way. Hey, Catherine,
thank you very much appreciated. That's Catherine Field, France correspondent. Yesterday,
big news obviously from Nikola Willis and Chris Luxan at
the post cabinet press conference on the Kiwi bank thing.
I'm struggling to get excited about it because most of
the stuff we already knew, and now we find out
we have to wait four years for that. I think
it's a great idea, Partially salad. I don't know why

(27:11):
a government owns one hundred percent of a bank, but
so I'm on board with the idea. I just don't
want to have to wait four years. But anyway, we'll
talk to an investment banker after seven see if they're
going to chuck the money into it. Nine away from seven, either.

Speaker 1 (27:22):
Duple Celent von the My Costing Break visit with Bailey's
real Estate News Talks, it'd.

Speaker 2 (27:27):
Be Donald Trump has announced he will refuse the presidential salary.
It's actually not bad. It's a four hundred thousand salary,
he says. I'm not going to accept a salary. No,
I didn't take it the first time. By the way,
I got no credit for that. But that's okay. Well,
it's obviously not okay because that's.

Speaker 7 (27:43):
Just a brag. Not a humble brag. Is it what
that is?

Speaker 2 (27:46):
It's just a brag. Yeah, that's a brag. Winge. Actuallyre's
a winge brag. I didn't and I'm not going to.
I just feel it's for me. It's a nice thing
to do. So that is nice from him. If he
does this, which he says he's going to do, take
him at his word, he will be the first ever
president to do it. Two times five away from seven.

Speaker 3 (28:04):
All the inns are the outs.

Speaker 1 (28:05):
It's the biz with business fiber take your business productivity to.

Speaker 3 (28:10):
The next level.

Speaker 20 (28:11):
Right.

Speaker 2 (28:11):
So we've got the ASB Regional Economic scorecard for you
this morning score board, and you're creaming it if you
live in the bottom half of the South Island. Otago,
Canterbury Southland best three regions in the country. I don't
need to tell them that though they already known and
now this is based year on year growth across a
range of measures including employment, business building consents and retail sales.
So Otago got the number one spot, with the rebounding

(28:33):
tourism seen as the biggest boost for them. Also has
the fourth highest population growth. Canterbury's come in second, has
the highest population growth after Auckland, plus better employment in
house sales than the national average. Southland back up to
the top three after falling out at the start of
the year. Now the region has achieved four point six
percent growth this year has ranked fifth for population growth

(28:54):
as people move away from the big cities. But it's
not all sunshine and rainbows, obviously, because let's talk about Auckland.
Klin continues to tumble down the rankings, now sitting in fourteenth,
plateauing regional tourism a week, labor market negative zero points
six percent annual house sales compared to the national average
of seven point four Two other biggest losers Northlands dropping
down to thirteenth place. That's because of the house prices,

(29:15):
and the other was Wycat or can't stay in the
top five drop to nine, equal with Bay of Plenty.
They've got difficulty in employment, construction and retail sales. Okay,
listen to this on the old sex head right said,
I've got some text on it already. Fascinating recommendations from
the EER. Their recmparents are getting too much of a
say on what the schools are teaching and it's leading

(29:37):
to inconsistencies across the schools, and so schools need to
just tell parents what's happening rather than consult parents. This
is going to flip a lot of parents out. I'm
telling you this now because especially when it comes to
stuff like gender and sexual sexual sexuality and sexual identity
and stuff like that. Talk to the ERO about that shortly. Also,
investment banker on Kywaback News took zb.

Speaker 3 (30:09):
Your trusted source for news and views.

Speaker 1 (30:12):
Heather Duplicy Allen on the mic, asking breakfast with Bailey's
real estate, your local experts across residential, commercial and rural
news talks d B.

Speaker 2 (30:21):
Good morning to you. So the government's given a little
more detail about the grand plan for Kiwi Bank. It
will be part privatized. Only Kiwis and Kiwi Saver funds
will be able to invest and invest up to a
value of five hundred million dollars. Investment banker and financial
markets expert Andrew Body has with been our Handrew, Hi,
would you put money.

Speaker 21 (30:39):
In only if I can buy the shares of blowing Ta.
Kiwibank isn't earning its cost of capital which is about
eleven or twelve percent. It looks like it's retune is
much lower than this, so you really have to be
buying Blowing Ta, which is obviously going to highlight the

(31:01):
value destruction that's occurred there.

Speaker 2 (31:04):
Is it smart to limited just to locals?

Speaker 21 (31:09):
Well, my views, you always want to get the lowest
cost of capital and that that's going to be from overseas.
I mean, I think the proposal alreally highlights the intersection
of being profitability, competition regulation in New Zealand. The king
Banks being around for twenty three odd years, it's not

(31:33):
able to have been an averick in that in that time,
and in fact, the most sensible thing for Key Bank
is to try to join the banking oligopoly, and that's
what that's what investors will want it to do if
they focused on return.

Speaker 2 (31:51):
You're making it sound like you don't believe it's actually
going to be a disruptor and create competition.

Speaker 21 (31:56):
No, I don't. I think it won't do any harm.
But it's not the panacea. You know, what is the
real problem here, which the Commerce Commission's study really highlighted,
is regulatory overreach by the Reserve Bank, NB and FMA.

(32:17):
A lot of bank regulation just doesn't meet an objective
cost benefit analysis. Capital ratios, risk weights, lending classes, bank
outsourcing rules, triple CFA AML. They've all increased bank concentration,
increased bank costs, prevented entry into the market and courage
to exit, reduced flexibility, etc.

Speaker 2 (32:39):
What do you make of having to wait until it
does its digital transformation in twenty twenty eight.

Speaker 21 (32:46):
Look, I don't have a view about that, but I mean,
I guess it just pushes out any impact you know,
raising new capital might have for q banks increase lending
in the market.

Speaker 2 (32:58):
Yeah, Andrew, thanks very much for talking us through it
and body investment banker financial markets.

Speaker 3 (33:02):
Expert together do for see Alan.

Speaker 2 (33:05):
But the government's announced it's planning to reintroduce pay docking
for partial strikes. Now at the moment, workers can only
have their pay dock for full strikes. It used to
be for partial strikes as well, but then they are doing.
Government scrapped that in twenty eighteen. Alan McDonald is from
the Employers and Manufacturers Association the EMAA.

Speaker 4 (33:20):
Alan, Morning, Heather.

Speaker 2 (33:22):
Is it basically what we've created here by not docking
the partial strikes is we're basically incentivized workers to just
do the partial strikes so they can keep their full pay. Yeah.

Speaker 4 (33:32):
Yeah, we were a bit surprised about the announcement yesterday,
but it was one of the things we campaigned quite
hard against back in two twenty eighteen. I think they
bought it them and the reason for that was that
we expected strike action to increase and that's exactly what happened.

Speaker 2 (33:45):
Why were you surprised? Did you not ask this government
to reverse it?

Speaker 4 (33:49):
It hasn't been on the agenda anywhere. I mean, they've
been doing a number of different things around employment law
and stuff and sort of rebalancing some of it. But yeah,
this one was a bit of a surprise.

Speaker 2 (34:00):
Now run the risk though, of potentially pushing people who
are going to strike into just going on a full
strike rather than a partial strike.

Speaker 4 (34:08):
I don't know. Strike strike actions generally tend to be
a last resort kind of thing what they used to be,
But when you're getting paid to go on strike, it's
sort of pull them forward a bit. So, you know,
workers have the right to withhold their labor, but so
do your employers have the right to withhold the pay
because generally the agreement is you turn up for work,
you get paid. If you don't turn up to do

(34:28):
the job you're supposed to do, you don't get paid.

Speaker 2 (34:30):
Yeah, are people going to get paid for working to rule?

Speaker 4 (34:36):
Not sure? It looks like a slightly complicated process to
do something like that. I don't have to go to
the Employment Relations Authority and things like that.

Speaker 2 (34:43):
So rule, I mean, because allen working to rule is
just working to the leader of your contract, doesn't it
literally doing your job? So you should get your full
paid for that?

Speaker 4 (34:52):
Yeah you should?

Speaker 2 (34:53):
Yes, Okay, brilliant. Hey, thanks very much. Really appreciates Alan
McDonald of the EMA twelve Pass seven Heaver, We've got
a statement from Pack and Save Silverdale and Pack and
Save Mills Street in response to the fact that the
Commis Commissions announced that it's going to be laying criminal
charges against these guys, including also Wilworth's New Zealand over

(35:14):
alleged misleading sales and inaccurate prices and stuff like that.
As I told you earlier, it's really taking the response
up quite a notch now. The statement from Pack and
Save Silverdlle and Mill Street says food Stuff's North Island
stores process millions of transactions a day eras are relatively rare,
but they agree that any inaccurate pricing is unacceptable. They're
working hard to ensure that the price customers see on

(35:34):
the shelf is always what they pay at the checkout,
and that all specials offer clear savings. And if a
customer believes they haven't been charged the correct price, they're
encouraged just as if you notice, of course, which we don't,
and then you are encouraged to let the store teams
know so that you can get your refund directly if
you have been and overcharged. So anyway we have to
see how that one plays out. Chris Luxen just remember
is with us after half past seven? It's thirteen past

(35:57):
the Mike asking Breakfast Fall Show podcast ton I have
radio powered by news talks at be Heathery aid to
Docking partial strikes because the teachers strike last year as
an example of students and parents hurting and the teachers not.
They lost absolutely nothing and that's exactly what would happen.
Teacher takes a day off, it's a day's pay. No
longer they're sixteen past seven.

Speaker 3 (36:15):
Now.

Speaker 2 (36:15):
It turns out, on the subject of education, parents are
getting too much of a say on what's being taught
on the old sex ed in school. The ERO has
done some research reckons there should be less consultation and
more explanation instead. In the head of ro's Educational Evaluation Center,
Ruth Chanoda's with us. Hey, Ruth, one thing less consultation
or no consultation.

Speaker 20 (36:37):
What we're saying is you should be requiring schools to
inform parents about what they're going to teach and explain
it really well, because we found out that when parents
are better informed, they're a lot more comfortable, and that's
what they want rather than confooting inform it, explain it,
and the next your parents who aren't comfortable with what's
been taught are able to take their child out.

Speaker 17 (36:53):
Of that class.

Speaker 2 (36:54):
Okay, so what are we talking about here? What are
the things that are sticky, because it sounded like it
might be that the more contra virtual stuff, right, gender stuff,
sexual identity stuff, rather than actually this is how it
all works.

Speaker 5 (37:06):
So you're right.

Speaker 20 (37:06):
We are asked by the Ministication to review the whole
of relationship and sexual education, and we found actually nearly
all nine out of ten parents and students really support
it being taught at school, particularly as we're in a
more challenging world with those online risks and that the
students are now facing. So there's a lot of supports
that being taught at school, and there's a lot of
support for actually been taught more on key subjects because

(37:28):
this criptum has been in place since two thousand and
seven and the world has changed then. So most parents
and students want personal safety and bullying taught earlier, and
the third of parents want their children to learn more
about concent And then, as we said, there are just
some topics where parents have differing views and that makes
it really difficult for schools because they're stuck in the
middle trying to reconcile that. And that's not really fair

(37:48):
on schools.

Speaker 2 (37:48):
Why do you reckon dad's want least sixed than mums.

Speaker 20 (37:52):
So what we found is that mothers have a stronger
focus on sort of safety as their children. We found
in this report, so key topics that mothers want to
is around consent, ensuring their kids are safe, that they
know the things they need to know, and that was
just less of a focus for fathers. We also found though,
that boys wanted to learn all topics later than girls
year why so some of that we heard from the boys.

(38:15):
Some of them are just mature a little bit later,
so they're wanting to learn it when it's more relevant.
So that's why we're recommending that we keep teaching it
after the age of fourteen.

Speaker 2 (38:22):
And does that make sense to you, because I mean
boys are going online and looking at the you know,
you know, the things I shouldn't be looking at from
a really young age, way before girls.

Speaker 20 (38:31):
So what we're finding from boys saying is some of
those body changes are later, but also girls have got
stronger focus on keeping themselves safe. So the things that
girls are wanting earlier, in particular were those online safety
where they're pacing quite a lot of risks that didn't
feel the same level for boys. But what they are
both saying to us nine out of ten is they
want this taught at school, and actually on keyotopics that

(38:51):
girls and boys agreeing they want it more. And then
we recommending we should keep teaching it after fourteen. It's
just too early to stop.

Speaker 2 (38:58):
Yeah, Ruth, you are prepared for the pushback you're going
to get back, get on the side from parents.

Speaker 20 (39:04):
So actually the parents we spoke to there was a
huge support for having it taught, and in those key
topics where they're just say in the curriculums a bit
out of datad, there was a lot of support for
some of those topics being spoken earlier. And then parents
said they actually want to be more informed. So I
think they'll welcome our recommendation that we require schools before
they teach it to inform and explain it to parents
and make your parents know they're not.

Speaker 2 (39:28):
More like the parents. I tell you now, Ruth, the
tics machines already started up on this say parents will
be I imagine quite upset about not being consulted.

Speaker 20 (39:38):
Don't you think the parents we spoke to were mostly
focusing on wanting to be informed if we had time
in a game that parents didn't know what their students
were learning, and we found that if they didn't know,
they were less comfortable with it. When parents were better informed,
they were more comfortable. But it's definitely true that parents
also said to us, if it doesn't align with their views,

(39:58):
values and faith, they want that ability to take that
child out of the class. And we think that's important too.

Speaker 2 (40:03):
Yeah, hey, listen, good luck with that, because I think
you're onto something here, but I do think you're can
to get some resistance. That's Ruth Shanoda, head of the
e ro's Educational Evaluation Center. Yep, Paul'll have a look
at those texts for you in a minute, give you
a little taster of them. Heither, do you think you
could have got away with criticizing Jacinda Idn like you
are with Chris Luxon telling her cut her hair, get
her teeth facts. I don't think so this is about Chris.

(40:24):
This is apropos. I feel like this is apropos. Actually
a discussion that we had yesterday on the show about
Chris luxon being baled.

Speaker 7 (40:31):
I think if just Sinder I Done had a shiny
bald head would probably comment.

Speaker 2 (40:35):
I think it would. Yeah, I think it would be
a subject. I think we'll talk about it. We'll talk
about whether she should be running for prime minister with
a bald head that she's gone to the effort of
shining up. I just want to say, before you have
a crack at me about this, it's Mirk Wilson from
Victoria University. It's all him. It was I just all
I did was repeated what he said. But we've got
Chris luckson with us after half past seven and we

(40:57):
can ask him does he think his bald head is
a superpower or not?

Speaker 1 (41:02):
The Mic Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks EV.

Speaker 2 (41:08):
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Speaker 3 (42:07):
Heather du Percy Ellen seven twenty.

Speaker 2 (42:09):
Four Right, Well, we've had a flurry of polls just
in the last twenty four hours. Of all of them,
I mean, I think most I think we can agree
most of them don't matter because it's a couple of
years away from the election stuff. But I think of
all of them, the one out this morning as the
most important by far, because this is actually the polling
I've been waiting for months now. I've wanted to know
how people feel about the Treaty Principal's Bill, and now
we've got it. So what it is is it's done

(42:30):
by Curier Polling on behalf of Hobson's pledge, and it
measures the support basically for the general ideas of the
Treaty Principal's Bill. I reckon, I'm gonna run you through
the numbers, but I reckon that this is the clearest
proof yet that our Prime Minister is making a mistake
by killing off the Treaty Principal's Bill because his own
supporters actually like what's in that bill. So, according to
this poll, hardly any National Party voters want things to

(42:54):
stay the way they are. They do not like it
with the Treaty Principles. Only nine percent of them want
the courts to keep on deciding what the Treaty Principal's Bill,
but what the Treaty Principles are, that's the status quo.
Nine percent want the Treaty Principles to stay in the
status quo or whopping fifty nine percent want to do
it differently. They want either Parliament or ask the people
to decide, which is basically exactly what the Treaty Principles

(43:16):
Bill is intending to do. More than three quarters of
National Party voters want universal human rights to trump any
special rights that anybody may perceive that the Treaty confers. Now,
I think what you're seeing here is that part of
the reason that Chris Luxon is having a tough time
in the polls in general is because if you're a
National Party voter and you care about treaty issues and

(43:38):
race relation issues, then National is at risk of losing
you to Act because National is not doing what you want,
but Act is doing what you want. And even if
you don't care about treaty issues, which a lot of
people don't, then what you're seeing as a Prime Minister
who is scared to actually have an opinion on this
and do something right. So on ice I, I've got
to be honest about it. It's on something judging by

(43:59):
this polling, that I think most of us have an
opinion on, even even if we don't rate it as
something that's very important to us. Once we're asked to
have an opinion. We've got an opinion, So how can
we have an opinion but our Prime minister doesn't have
an opinion? Being a WARS is never that attractive, right Truly,
the other polls out that came out yesterday don't matter.
It's too far away from the election for that stuff
to matter. But this pole matters because it's never great

(44:20):
for a party leader to be on the opposite side
of the debate from his own party members.

Speaker 3 (44:25):
Heather DU's going to be.

Speaker 2 (44:27):
With us after half past seven, so we'll put it
to him and I might run you through some more
of the polling data that's come out of that. Heather
no Er blocking parents from protecting their kids are from transgenderism.
I think this is what people perceive that the Sex
Said is about. It's about all of that kind of stuff,
really kind of controversial, sticky stuff, if you know what
I mean, that's what people are upset about. Heither not Okay,

(44:50):
this should be one hundred percent the responsibility their parents,
not the ro here. Then maybe you should attend to
Sex Said class. If you're wondering what the sticky things are,
I think we know right here. How the hell can
that person from the ear say that about fathers, that
Era needs to stay the hell away from our kids'
re sexual education. I think that, to be honest, I
think the ro knows that this is going to be

(45:11):
a really prickly issue and a really tricky one because
it clearly is right. If the schools are going out
and consulting about, hey can we teach the stuff? Parents
are getting involved and then it all gets it all changes.
Clearly parents have an opinion anyway. Chris lux is with
us very shortly. News dogs Head been.

Speaker 3 (45:31):
Tell me that you setting the news agenda and digging
into the issues.

Speaker 1 (45:37):
Heather fle Ce Ellen on the Mike Hosking Breakfast with Vida, Retirement, Communities,
Life Your Way, News dogs Head Bell.

Speaker 2 (45:47):
Cassie Henderson, New Zealand singer is going to be with
us after eight o'clock. She's just put out in their
EP It's all about Heartbreak, one of the songs you'll know.
You probably won't even realize it's her, but a a
chat to her after eight with us. Right now at
twenty three to eight is Chris luxon Prime Minister Chrish, Hello.

Speaker 15 (46:01):
Hello Loo, how are you going? You ve in the
morning's okay.

Speaker 2 (46:04):
Mate, we've talked about what time do you get up in.

Speaker 15 (46:06):
The morning, About four thirty, about four thirty thirty. You
do this seven days week. Well, there's a lot to do.
There's a lot. There's a country to sort out and
get turned around and hitting in the right direction. So
there's a hell of a lot of work to do.
That's what the good people in New Zealand elected me
to do, is to go to work. So that's what
I've got to do.

Speaker 2 (46:23):
Yeah, correctly, first thing in the morning. I don't think
people realize that Hoskin gets up at two thirty, which
is quite a thing.

Speaker 15 (46:29):
But anyway, and if you do the same thing, you
haven't get up.

Speaker 2 (46:32):
There can't you can't be you can't be filling in
for the big guy and then dropping the ball.

Speaker 15 (46:36):
So absolutely, Yah, you're under some pressure.

Speaker 2 (46:38):
Any alarm for full thirty tomorrow and I'll think, oh, look,
I've been for two hours longer than the perame minister.

Speaker 3 (46:44):
It's unusual.

Speaker 2 (46:45):
Liston what can you tell us about the fairy's announcement tomorrow?

Speaker 15 (46:49):
Can't tell you anything. Unfortunately, you just have to wait
until the announcement comes. We said we'd do it before
the end of the year. But we need to get
a really good solution on the straight and we've worked
hard to make sure that we can. But spending three
point two billion dollars with further risk of overruns wasn't
the way forward, and so we need a proper solution
and that's what the team's been working on through the most.

Speaker 4 (47:08):
Of the year.

Speaker 2 (47:09):
Can you tell us it's tomorrow.

Speaker 15 (47:11):
I can't even tell you when it will be hither.
All I can say is I'm delivering on our commitment,
which is will make an announcement before the end of
the year, and unfortunately you just have to wait till then.

Speaker 2 (47:19):
How annoyed do you yesterday in the post cabinet press conference,
where all the details were already out and a reporter
was quoting them.

Speaker 15 (47:25):
Back to you, Well, I don't talk about what happens
in cabinet. And I know there's a lot of questions
that were coming my way on that, but the answer
is pretty straightforward. You know, we don't talk about what's
happening in cabinet. We make sure that when we do.

Speaker 2 (47:36):
Somebody's talking happening in cabinant, though, aren't they? Because you know,
it's two medium sized fairies, not rail enabled and might
cost about nine hundred million bucks.

Speaker 15 (47:45):
Well, i'd just be I just wait until the announcement
comes to so not long ago.

Speaker 2 (47:50):
Are we? Can you just tell me this though? The
total package, right, the three billion dollars whatever you guys
do now is not going to exceed that, is it correct?
At least there's something there.

Speaker 4 (48:01):
This is not.

Speaker 15 (48:01):
I mean, the problem the problem here there was the
last lot was that you know, you had a project
that I think started off at under a billion, ended
up blowing out like we've seen with Dunedin Hospital, like
we've seen with everything else, up to three point two billion,
and actually one fifth of it was around the boats
and then the four fists of it was actually the
infrastructure at the ports required to support those boats. And
so you know that's where it was getting out of hand.

Speaker 2 (48:23):
But you know what I'm worried about.

Speaker 15 (48:25):
And there was no there was no sign that actually
it wouldn't even get worse from there. I'm worried. So
you're going to call to make the decision.

Speaker 2 (48:31):
I'm worry about. What you're going to do is you're
going to save a whole bunch of money on the
port side. Infrastructure. But then you're going to end up
blowing huge amounts of money on the fairies. And we
could have had these two massive fairies for five hundred
million or thereabouts, and now we're going to end up
buying smaller fairies for more, do you know what I mean?
Like the fairies.

Speaker 15 (48:45):
But that was the problem, right, I mean, the fairies
that were selected at that time required huge amounts of
different port infrastructure and both Wellington and Pickton and that's
where the blowout and costs started to happen. So so
you've got to get the whole system right. And frankly, yeah,
I mean, as we talked about at the time, you know,
you just can't have a blowout like that. It's just

(49:07):
just not acceptable and no and no end in sight
as to where it was going next. So look, we've
done the right thing. I mean, and you'll get me
a hard time and say a lot. You've got to
be tough on managing the economy and we are. And
so yep, we're not going to spend three billion dollars
building indeed in hospital spend two. Yes, we're going to
get a right sized option for the cock straight but
we need to because every money that we just let overspend.
There is money that we can't spend doing more schools, hospitals, roads,

(49:29):
somewhere else.

Speaker 2 (49:30):
We'll chat about it again next week once once we
get the announcement tomorrow, probably listen to you, guys, despite
all of the pressure you're getting on this boot camp trial,
you guys going to push your head with this. You're
going to make the boot camps happen.

Speaker 15 (49:41):
Look, I think the arguments ridiculous that I've heard in
the last twenty four hours, which is that, look, we've
got ten of our toughest, serious, most persistent young offenders.
They are really complex kids, come from challenge backgrounds, but
they are the hardest and the toughest of the toughest
that we've got. So what we've said is lot we're
going to have these military style academies. I've been in them,
I've seen them. I've seen huge amounts. I was really impressed.

(50:02):
I spent four hours there with the ten kids. It
was incredible. They've got mentors, they got support, they've got
people helping to get driver's licenses. They got everything, you know,
every opportunity to make a choice to live a better life.
And that's what we're presenting with them while we're also
keeping the public safe. And so you know, we've got
two things. One get the public safe. Two make an intervention,
because you know where those lives are going. You know,

(50:23):
they're just going to go into tougher, harder serious crime,
causing more pain and suffering across the community. So we'll
give them a shot. It's up to them to make
to do something with it. But you know, you know
a number of those kids have actually gone on to
actually find jobs or taken on education, and that's a major,
major thing. So I appreciate there will be there will
be still those that will reoffend, and that's the choice
that they make. But you know, everyone gets to live

(50:46):
a life of free will and choice. And at the
end of the day, all we've done is give them
an intervention that actually they haven't had from my mum
and dad, or from their family or from their community.
So the alternative of not doing it is sorry.

Speaker 2 (50:57):
Do you need to tweak the intervention. Do you need
to make this they stay in the boot camp a
little bit longer, or increase the security that they have
when they're back in the community, or something to avoid
them doing what they've just done.

Speaker 15 (51:07):
Yeah, well we'll look into that. I mean, yeah, because
I think you're right. What we've set up as a
pilot right, so there was a three month residential piece,
a nine month community based piece. They actually do have
dedicated people with them through the community phase as well.
But there may well be as we now bring in
this young serious offender legislation and ability to work with
those younger people for longer in residences if we didn't

(51:29):
feel they were ready to return to the community. But
in the pilot construct, that wasn't something that we could do.
Under the new legislation, we possibly could play with that
if we feel it's appropriate. But all I just say
to you is, look, I just think it's a pretty
defeatist and negative mindset to say, look, we should try
to do something different, shouldn't we to keep the public
safe and to change the way these lives could go.

(51:49):
Because even if one of those ten actually ends up
changing their life and they don't go down a pathway
of gang life and violence and jail time and welfared
opinion see and all of that stuff and all the
cost associate that, let alone all the harm. Isn't that
what we're trying to do. It's called social investment and
it's hard and it's hard stuff, but you have to
stick with it. But the answer not to do it

(52:10):
isn't the right up.

Speaker 2 (52:10):
No, have you seen the curier polling out today on
the support for the Treaty Principles bill.

Speaker 15 (52:15):
I haven't to be honest, as you know, I don't
focused on poles because.

Speaker 2 (52:19):
You need to get across this curst. You need to
get across this because in the position that you're taking
on it, so National Party voters do not want to
leave things as though way they are the fifty nine percent,
there's a vast majority of your own voters want Parliament,
all the people, to decide what happens with the Treaty Principles.

Speaker 15 (52:35):
Well, what I'd say to you is when I took
to National Party voters and the numbers that I see,
what matters much more than the treaty issues, frankly, is
actually fixing the economy, infrastructure.

Speaker 2 (52:44):
I'm not arguing about that. I agree with you on.

Speaker 15 (52:48):
Saliency of issue. Saliency of issue for National Party voters
and people and supporters, those things matter much more than
the treaty. Lutely, there'll be arrangers views within the party
on that.

Speaker 2 (52:58):
But Chris, this is one of these issues. You ask
me what's important to me. I can tell you all
the things that are important to me. My child's education,
health care for myself, blah blah blah, all of those
things in the economy. But you put the Treaty principles
issue in front of people. They have an opinion, they
expect you to have an opinion, and you're sticking with
the status.

Speaker 15 (53:13):
Well, I do asked what my opinion is. My opinion
is very simply that treaty issues are really complex. We've
grappled with them for one undred and eighty four years.
We believe in equal rights. We also have obligations under
the treaty. We've worked that through. It's been difficult, but
it's actually been positive for New Zealand. I believe over
one hundred and eighty four years. I think you've got
to shed a lot of what we're saying around division

(53:34):
and frustration back to Ardne and Hipkins who didn't take
people with them health authority. Enough with my argument, but you're.

Speaker 2 (53:40):
Not doing anything and you've vote able to do.

Speaker 15 (53:43):
No, we are doing something. So what we're saying is, look,
there's immense frustration. But the answer isn't simply with the
stroke of a pen to do a very simplistic principle spell.
The answer is to do what we are doing, which
is take a case by case, issue by issue. We've
unwound co governance on three waters. We've disbanded the Malori
Health Authority. We have been clear about public services delivered
on the basis of need. We've put maorywards back to

(54:05):
local communities as we said we would. We've gone through
the Maca Parliament to get back to the intention of
what was intended in twenty eleven. We're looking at treaty
principal references to make sure that's specific and relevant in legislation.
So we've got clarity uncertainty. So that's the practical stuff
that you need to do, and you do that on
a case by case, issue by issue basis. But to
think that you can just through the stroke of a
pen to a pretty simplistic treaty principal spell and override

(54:27):
one hundred and eighty four years of treaty discussion and debate.
The treaty has made us better as a country. As difficult,
we haven't always agreed, but everybody stays committed, and I
just say to you go look at the history of
First Nations people all around the world, and I'm really
proud of actually what's happened over that period. As difficult
as it may be, but we have a different way
of looking at it, which is issue by issue, case

(54:47):
by case, doing.

Speaker 2 (54:48):
The practical and realistic Things's got to ask you something
or I'm going to get in trouble about talking about
you behind your back. Do you think your baldness is
a superpower?

Speaker 15 (54:56):
Absolutely? I think bald is beautiful and I think you
know that deep down because you married a beautiful bald
man as well. And I am doing this job in
part to advocate for the baldmen of New Zealand. You
talk about positive affirmative action, That's what it is. It's
like the baldman. I want all the baldmant news to
know they are deeply loved, you know, by their Prime minister.

Speaker 2 (55:16):
You know you can that is a that is a
section of the voters you can go for herd. Hey, Chris,
thank you very much to to you next week, look
after yourself. Chris Luxen, Prime Minister thirty and away from
from eight.

Speaker 1 (55:27):
Actually the Mike asking Breakfast Full Show podcast on iHeartRadio
powered by News Talks, that'd.

Speaker 2 (55:34):
Be hey, by the way over in the States, read
the ceo shooting. This is the healthcare ceo shooting. The
police have now identified the suspect, so that'll be the
person they believe was holding the gun and shooting as
Luigi mun Giorne. And it's unclear at the moment as
to whether the guy that they've arrested in Pennsylvania will
taken in Pennsylvania is the same person. But any well,

(55:54):
keep you posted on the developments Hither. Once again, Chris
Luxon just threw a sidestep about the Treaty Principles bill.
Doesn't want to go there. It's so obvious it's going
to be his downfall. Hither, we want both the treaty
a Treaty bill done and the economy Heather, feel free
to tell Chris Luxon at sixty three years of age,
having voted National all my life, I've emailed both Nationals
headquarters and Chris Bishop saying if it doesn't support the
race Relations Bill from Act, they will have lost my

(56:16):
vote for the remainder of my life.

Speaker 22 (56:18):
Now.

Speaker 2 (56:19):
So what I was quoting to Chris Luxen was just
the breakdown of the National Party voters right and what
they think. But I'll give you I'll give you the
breakdown across all voters. So this is across Green voters,
Labor voters, Act voters, national voters. Massive majority support the
fundamental ideas behind the Treaty Principles Bill. So when people
were asked, who do you think should have a final

(56:40):
say on what the Treaty principles are? The judiciary and
the White Tonguey Tribunal being basically the status quote those
guys who currently decide what the treaty principles are. Only
twenty seven percent of people said, yeah, leave it with
the leave it with the judges, leave it with the
White Tonguey Tribunal. Fifty four percent of people double it
said that they wanted to be up to us via

(57:01):
a referendum or up to Parliament to decide what should
happen with the Treaty principles. And then on the issue
of like do you have special rights conferred by the
treaty so special Ewie rights or just universal rights that
trump everything, again massive majority saying we want universal rights.
Only twelve percent said go for the special Treaty rights,

(57:22):
sixty two percent say go for the universal rights. So
if you were wondering, and I have been wandering for
months now, where where does the support lie? Is it
going to be popular or overwhelming? Not even a question
overwhelmingly popular what actor is doing. It's whether people can
kind of get into that they support the general idea,
whether they understand that is what is going on with

(57:42):
the treaty principle's belt, which is quite complicated. I don't know,
but yeah, Chris Luxon definitely not on the popular side
of this one. Eight away from mate.

Speaker 1 (57:50):
Heather du puy Ellen on the My Costing Breakfast with
Veda Retirement Communities News, Tom said.

Speaker 2 (57:56):
Be Heather, God only created a few perfect heads and
the rest he covered with hair, which is why he's
able to this is Chris Luxe and able to actually
rock the bald head because his head is perfectly shaped. Hey,
I don't want to make you feel miserable on a
Tuesday before before even before eight o'clock, but I'm going
to put your paypack into some perspective for you right now.
There's a guy called Juan Soto who plays baseball. If

(58:18):
you haven't heard of him, he's going to sign with
the New York Mets. He's apparently just been offered the
biggest contract in the history of sport. This chap, if
he signs this contract, is going to be paid seven
hundred and sixty five million dollars and that's in USD
so that's one point three billion New Zealand dollars over
fifteen years. Has to do a medical first. I mean,

(58:40):
they want to make sure that what the signing is
in pristine condition. And as long as he passes that medical,
he's in. He's in with the dollars fifteen years a
twenty six year old at the minute. And so if
he sees the contract through which presume after the medical
obviously they'll be sure of that he'll be forty one.
That is like, Okay, the money is eye watering, but
the evidence that this boy is going to be in

(59:01):
good nick in fifteen years time is also quite remarkable.
Because I don't know if you're aware of it, but
here it places like where we work here at z
B we get contracts over a period. Nobody signs for
fifteen years, Nobody gets off for fifteen years. We don't
know if you're still going to be Okay, in fifteen years,
you might biden on us, you might go a bit weird,
might do all kinds of weird things in fifteen years time. Now, imagine.

(59:24):
So it's a risk just with people like us who
sit on our butts and talk for fifteen years. This
guy's an athlete. Imagine that fifteen years one point three
billion dollars. Good on him. I have to just give
a quick shout out to my all mate, Patsy Ready.
So I was chatting about Patsy Ready yesterday I said,
what's Patsy still doing at the end z Areu board?
Why is she still there? She says she's going to quit. Well,

(59:44):
speak at the devil. She's got to suffer. A new job.
Dame Patsy was announced yesterday as the chair of the
Climate Change Commission. She'll be replacing Rod car who left
the job last week. No particular expertise I can see
in climate change, but that doesn't actually matter because she's
got an extensive and distinguished career in law and governance
and a thick skin because that's a job where you
get ignored by the government. So good luck to her.

(01:00:05):
On that one news talk Seppy.

Speaker 1 (01:00:08):
The Breakfast Show you can trust hand the duper Cy
Allen on the mic Hosking Breakfast with the Range Rover
Villa designed to intrigue and use talks dead be.

Speaker 2 (01:00:25):
So here We Audiences were first introduced to our next
guest when she was fourteen years old, Cassie Henderson. She
went on X Factor made it all the way to
the quarter final. Fast forward eleven years later, it's been
a big year for Cassie. She's taken us some time
off from music, being back in a big way, though
credits her ex boyfriend for it, which is very adele like.
It's brought in a couple of EPs this year. Her

(01:00:46):
latest one just out is called The Yellow Chapter. Cassie,
good morning, Hello, how you doing. I'm well, Thank you,
thanks for coming in. So you've quit your job, of you, I.

Speaker 23 (01:00:53):
Have quit my job. I quit my job last year
and I've been doing music full time ever since.

Speaker 2 (01:00:59):
Did you have to quit your job to do your
marketing job, your well paid marketing job, to do music?

Speaker 9 (01:01:04):
Oh?

Speaker 23 (01:01:04):
I mean I have juggled both for a very very
long time. Like while I was at university, I was
doing music, and while I was working, I was doing music.
And I found that the progress I made as soon
as I quit my job was an extreme amount compared
to while I was trying to juggle.

Speaker 2 (01:01:19):
Because are you one of those people who you have
to focus on something totally or you don't focus enough.

Speaker 23 (01:01:25):
Well, I think I can do both, and I enjoy both,
Like I enjoyed working in marketing, but I think I
reached a point where I was like, I don't want
the rest of my life to be a marketing manager
or a marketing assistant. I want to be a musician.
And when I kind of came to that conclusion, I
was like, there's no point in me being here right now.

Speaker 15 (01:01:44):
I need to chase the story.

Speaker 2 (01:01:45):
What about the money point, Well, I mean the money.

Speaker 23 (01:01:48):
Comes if you work hard enough for the other side,
So yeah, so that it can.

Speaker 2 (01:01:52):
Be quite lucrative. And also you seem to have like
a real pressure on you time wise that you're putting
on yourself.

Speaker 24 (01:01:58):
Yeah.

Speaker 23 (01:01:59):
Well, I think just the nature of especially being a
female in this industry, is that you're always going to
have a bit of a ticking time bomb on you.
But the industry is kind of changing a little bit
around that, Like we're not just expectant of child stars constantly,
like we're accepting like older women coming into this industry.

Speaker 2 (01:02:18):
So do you think do you think that the limit
was that we only want hot young babes when it's women,
but when it's old dudes, we can handle a bit
of a barry Man, a low or something.

Speaker 23 (01:02:27):
Yeah, I honestly do. I think we're a lot more
accepting of like old older male artists coming in, but
older women we're kind of like, wait, you can't still
be talking about your boyfriends, Like that's strange.

Speaker 2 (01:02:39):
I'm racking my brain now to think of old lady
artists aren't really well.

Speaker 23 (01:02:44):
Adele is an incredible example of a woman who has
just continued to like speak your truth in all of
her music, and I think that's something that really inspires me.
But like you have people artists like Pink and they're
not old.

Speaker 25 (01:02:55):
But not at all, And like, what are these women
in their forties? Yeah, exactly us like Bruce Springsteen a
lot who's doing the big tours still yeah, so Stewart, Yeah,
headlined Glastonbury exactly, And they're all incredible artists.

Speaker 23 (01:03:09):
I think it's just we were just a lot more
fond of like maybe even in Britney Spears's time, when
like these young artists were coming up and dancing on
the stage, and that was kind of almost felt like
all we were kind of good for was that young
period of our lives. But I feel like I just
write about my life and the things that have happened
to me, and so hopefully that continues to be relevant

(01:03:31):
to my life.

Speaker 2 (01:03:31):
I did wonder though, if that's because maybe women sort
of get over it, Like we're much more rational than guys,
do you know what I mean? Guys like I want
to be young forever, whereas women get to a point
where were like, actually, I've made enough money. I used
to do the gardens.

Speaker 24 (01:03:42):
Now it's some gardening. Yeah, I don't know.

Speaker 23 (01:03:46):
I think I think I will constantly just never be
able to get over anything in my entire life, which
is kind of what I've seen from my past breakups.
I could just continue to write about them, so maybe
that'll maybe that'll keep me in the end for long.

Speaker 2 (01:04:00):
So I heard your song not realizing it was your
song on the radio, and I thought it was Tata.
I love that.

Speaker 23 (01:04:07):
That's my favorite compliment.

Speaker 2 (01:04:09):
Did you mean for that to happen?

Speaker 23 (01:04:10):
Which which one was that? With the most recent one,
seeking sim Nay, I mean for me, actually that song
wasn't really I didn't really have much of a Taylors
with reference point on that one. But she's been my
idol and like she doesn't know it, but my mentor
throughout my entire career. So her writing style is definitely
heavily ingrained into how I write.

Speaker 2 (01:04:31):
Yeah, so maybe subconsciously you were doing it. Did you
mean to go hard on the eighty synth than that?
Because totally I love an eighty synth and I was
loving that it was in there so heavily.

Speaker 23 (01:04:41):
It's so good, and I think I love that it's
coming back around into pop music, like you're hearing them
so much more these days. And I think for us
we were We just really wanted to speak the truth
of the song, which was this like happy, upbeat feeling
of a New Year's Eve party while also like being
sat next to a miserable, sad person who's just been

(01:05:01):
stood up, which is kind of the vibe you get
musically in the song as well, like those eighties since
kind of give you that upbeat, but also and.

Speaker 3 (01:05:08):
What are you?

Speaker 2 (01:05:09):
Who are you and the song? Are you the miserable
person or you're the upbeat person.

Speaker 23 (01:05:12):
I'm the miserable person.

Speaker 2 (01:05:13):
Oh, you're the one he's moved down because of the
break up. Is that what it was?

Speaker 19 (01:05:17):
Well?

Speaker 2 (01:05:17):
I think.

Speaker 23 (01:05:18):
I think at those parties, the miserable people are usually
the most fun because they're just trying to pretend like
they're not sad.

Speaker 2 (01:05:24):
You know, So from one extreme to the other, I
guess what did this guy do to you? You've written
an entire album about it?

Speaker 23 (01:05:31):
Honestly, it's I don't write specifically about like one thing
or one person. I get inspired by different things that
have happened to me over my life, and this situation
was inspired by a story where I was kind of
stood up on New Year's Eve. Yeah, and I mean
they might say I wasn't stood up in my head
I was, but feeds into the delusion. But yeah, it's

(01:05:53):
it's based off a real event that happened to me,
and I thought that would make a really great song.

Speaker 2 (01:05:57):
So yeah, I love that. You you you you described
writing songs as folding washing, which is what I mean.
It sounds romantic to the rest of us who don't
write songs, but actually for you, it's just a day job,
isn't it.

Speaker 21 (01:06:09):
Yeah.

Speaker 23 (01:06:09):
Well, it's a day job. And it's also it is
just like something that you have to do every day.
I think like it has to be done every day
otherwise you don't develop the skill. And when you boil
it down to that, it's really it's not that romantic sometimes.

Speaker 2 (01:06:24):
Now, I was reading something that you'd given an interview about. Oh,
I can't remember what it was, but you said that
you were going to go. You want to take this overseas.
So what are you waiting for?

Speaker 4 (01:06:32):
Oh?

Speaker 23 (01:06:32):
Well, I definitely, I definitely am. I think at the moment,
I want to finish my current project, which is the
Chronicles of a Heartbroken Trilogy EPs put out my first
tool already, I've got one more to go, and then
I think I've got a really solid musical ground to
start expanding overseas.

Speaker 2 (01:06:47):
Because do you have to take when you go overseas,
like a portfolio of work and sell yourself with it.

Speaker 23 (01:06:52):
Yeah, like you have to take a portfolio. You have
to be able to show that you can perform live,
you can do it basically anything that anybody asks of
you when you go over there. And That's what I've
been doing while I've been here, is really building up
my skill set and making sure that when I go,
I am one hundred percent ready to do that.

Speaker 2 (01:07:09):
Yeah, because you've got to be able to head a stage. Yeah,
not feel nervous, know what you're doing, know how to
pose for your photographs.

Speaker 23 (01:07:17):
Right, It's a skill that I've been working on currently.
I was terrible, terrible model.

Speaker 2 (01:07:20):
So what's it tell us? Because we all need it.
I don't think I.

Speaker 24 (01:07:25):
Really have one.

Speaker 23 (01:07:26):
I think you just have to find somebody who can
make you comfortable.

Speaker 2 (01:07:28):
But do you drop your chin? Don't you?

Speaker 24 (01:07:30):
Yeah?

Speaker 23 (01:07:30):
I hear you drop the chin and you look above
the camera. Maybe, but that makes me look a little
crazy sometimes. Honestly, I'm still working on it. But yeah, no,
I've just been I've been really working hard to come
over as a solid package that knows what they want
and knows what they want to do. And that's it's
a difficult thing to work out who you are as
an artist.

Speaker 2 (01:07:50):
So yeah, okay, so we're going to take a break
and when we come back, you're going to sing us
a song, aren't you?

Speaker 4 (01:07:54):
Yes?

Speaker 2 (01:07:54):
Absolutely brilliant stuff. All right, hang on there, Cassie Henderson
back and just to take a quarter.

Speaker 1 (01:07:58):
Pass Mike asking breakfast full show podcast on I heard
Radio powered my news talks it me.

Speaker 2 (01:08:05):
All right, So we're back with Cassie Henderson. Cassie gonna
sing us a song. What's the song?

Speaker 23 (01:08:09):
This song is called seconds to Midnight?

Speaker 2 (01:08:11):
And what's my song?

Speaker 24 (01:08:13):
Yeah?

Speaker 2 (01:08:13):
All right, yeah, off you go.

Speaker 24 (01:08:20):
Why do I feel like I'm the one with issues?
Was that coming on too strong? God? It wrong? When
I kissed you, I kill you? And baby thought you.

Speaker 22 (01:08:36):
Dancing in the dark isn't hard. It's mysterious. Your hand
over my heart and your arms. It was serious. I
wanted you, you said, do you want me to? But
at eleven fifty nine and stood under the sky and
so by.

Speaker 24 (01:08:57):
Your side while I was calm, Oh, this was.

Speaker 26 (01:09:06):
Meant to be the best night, you chose to stand
me up. But that's fine, old mam. I can't get it.
Why they run for dear life?

Speaker 3 (01:09:18):
Seconds to midnight?

Speaker 26 (01:09:22):
Just seconds to midnight?

Speaker 24 (01:09:29):
The way just a minute, she's a friend? Are you kidding?

Speaker 4 (01:09:32):
No?

Speaker 24 (01:09:33):
It's happening again, will it?

Speaker 7 (01:09:35):
Then?

Speaker 24 (01:09:35):
Now I'm spending like a dad, Sir. I always dance
with you, So now I'm stumbling in the street. The
city's gonna know.

Speaker 7 (01:09:49):
You couldn't be the screen.

Speaker 26 (01:09:51):
Now never let it go, And now you choose some
girl you'll never know.

Speaker 24 (01:10:01):
But at eleven fifty nine stood under the sky.

Speaker 26 (01:10:05):
And saw by your side. Why was calm and dine? No,
this wise meant to be your first night you chose
to send me up. But that's fine.

Speaker 3 (01:10:22):
All man made can get it.

Speaker 26 (01:10:25):
For They run for dear life, sadds to midnight, tall
dark and head me live by your work. Fo chees
to me because I'll never learn all man made the
mcast run for dear life, satdays to midnight, just satdays

(01:10:50):
to mind.

Speaker 24 (01:10:55):
When the sun rises, and drinks well off. Do you
think about it? Do you carry old re lies? You
in a break? Don to think of me? How you
got it wrong? God? Is it wrong? You got it wrong?

(01:11:17):
You'll think me when you hear this.

Speaker 10 (01:11:25):
O.

Speaker 26 (01:11:27):
This is meant to be the first time you chose
to send me up.

Speaker 15 (01:11:34):
And that's fine.

Speaker 2 (01:11:37):
Baby, Mom's right.

Speaker 26 (01:11:38):
It's run for dinner life seconds to mid tall dark
and hiding me live fire work. They ch is to me, guys,
I'll never fast.

Speaker 25 (01:11:54):
Baby had coast you find the dealer.

Speaker 26 (01:11:58):
Tip against to me.

Speaker 2 (01:12:08):
Line how good so good? And do you see what
I mean? I mean you don't need me to tell
you this, but taite Ah, thank you, Vibes.

Speaker 26 (01:12:18):
Thank you.

Speaker 23 (01:12:19):
She is my inspiration icon mother.

Speaker 2 (01:12:22):
Cassie, thank you so much for coming in. Go well
with everything you've got planned for yourself. Thank you, Cassie. Yeah,
and if you want to get a hold of it,
the EP is called The Yellow Chapter eight twenty two.

Speaker 1 (01:12:34):
Ever Duplessy Ellen on the Mic Hosking Breakfast with the
Range Rover Villa news to Ted b.

Speaker 2 (01:12:40):
Uh eight twenty five. Some suggestions on because we were well,
I was doing the brainstorm I was trying to do
the brainstorming, wasn't I trying to figure out older women
who've continued the musical careers. A couple of suggestions of Madonna,
which is not bad because Madonna about five years from
what I can tell, five years ago was the last
album released twenty nineteen, should have been sixty one years old.
That's not bad form Madonna, Susan Boyle, I'm not even

(01:13:03):
We're not even going to go there. That's not really
that's not real, is it? And also I'm getting pulled
up for my suggestion that women are more rational than men, which, look,
I'll be honest with you, I'm just gonna level with you.
That's obviously BS. I mean, that's it's not because we're
rational that we were diagnosed with hysteria for decades, is it.
We're not. We're hysterical. That's what we are. Actually, Listen

(01:13:26):
on that guy who's been named as the suspect.

Speaker 7 (01:13:29):
You say, you've just swung completely the other way.

Speaker 2 (01:13:31):
All I needed was somebody to just point out that
I was wrong, and then I meant because.

Speaker 7 (01:13:35):
It wasn't a man who pointed out that you were
probably and men are good at that.

Speaker 2 (01:13:40):
Given that I'm a woman, just change my opinion just
like that. That's no problem at all, not in woman land.
It's absolutely fine. That guy who's just been named as
the suspect in the CEO shooting, the healthcare ceo shooting,
the coppers reckoned. He might have been using what's called
a ghost gun, which is an untraceable firearm, maybe assembled
from kits, may be made with a three D printer

(01:14:02):
or something like that, capable of firing a nine millimeter round.
May be part of the reason why it looked like
as firearm was jamming when he was doing the shooting
was because the thing was a three D printed type
of gun. Anyway, the heaps of information coming out on
that will keep you posted across that really really good
news if you're based in Auckland, by the way, and
even if you're on Wellington and you're thinking that you
might like to see some decent rugby. The All Blacks

(01:14:24):
are going to be playing South Africa at Eden Park
next year. Now Eden Park is obviously the plate. I mean,
they're also doing Wellington, which is going to be fantastic
as well. But how I mean, can you think of
anything better than All Blacks Spring Box Eden Park and
then we win as well? How good's that going to be?
So yeah, I don't know if the tickets are on

(01:14:45):
sale right now, Just go and have a little look
and I will see you there absolutely and take the
news in an afternot we're heading off to rod Little news,
tig ZB.

Speaker 1 (01:15:04):
Still big news, bold opinions, Heather due to Sea Allen
on the Mic Hosking Breakfast with Bailey's Real Estate your
local experts across residential, commercial and rural news talks.

Speaker 3 (01:15:17):
That'd be Heather.

Speaker 2 (01:15:18):
Do you know that the last time The Box beat
the All Blacks at Eden Park was nineteen thirty seven? Yes,
That's why I'm feeling very confident about this particular. This
is why I'm thinking this is going to be excellent.
What's at in park and we're going to thrash the
box and so what else could you possibly want? Hey,
I'm speaking of taking a thrashing tough all time for
Spark at the moment, So thought some prayers if you're
a Spark investor. It was announced yesterday it's going to
be dropped from the Standard and Poor's list of the

(01:15:40):
largest two hundred listed companies on the AX. It's already
been dropped from the All Country World Index a couple
of weeks ago. It's run by Morgan Stanley Capitol International.
These guys have had such a rough time. I mean,
they downgraded the earnings guidance, they missed that, they lost
at least one major contract, have to do some ass sales,

(01:16:00):
blah blah blah, cut staff, like, the whole thing is
going badly. Share price is down forty four percent in
the year to date and it hit its lowest price
in almost ten years this year. And much like in
New Zealand, which seems to be a story of a
bunch of companies at the moment, it's probably a year
they're going to be happy to put behind them. Mate
twenty two away from.

Speaker 18 (01:16:16):
Nine International correspondence with ends and Eye Insurance Peace of
mind for New Zealand business.

Speaker 2 (01:16:24):
Rod Little is with us out of the UK. Hey Rod,
how are you going?

Speaker 3 (01:16:28):
How are you doing very well?

Speaker 2 (01:16:29):
Thank you? So what's the UK's response to what's going
on in Syria?

Speaker 5 (01:16:34):
Well, it's twofold. Firstly, most of the major media over
here have been talking up the victory of the Syrian
rebel courses much in them were the same way that
they sort of heralded the release from prison of Nelson Mandeva.

Speaker 4 (01:16:48):
It's a.

Speaker 5 (01:16:50):
I think it's probably I mean that they've just been
saying this is a new moderate. They're not alco either,
you know, don't worry about it. They're going to be
just fyed. We've had to get rid of a sad.
I have my doubts about that, and I think if
I come back to bite us at the moment, David Lammy,

(01:17:10):
our Foreign secretary, God help us, is currently mulling over
the prospect of removing HTS from the list of prescribed
organizations under the idea that they might indeed be reformed,
but I think that would be a very wise, unwise

(01:17:31):
thing to do at the moment. The other thing, of course,
is the fact that we have many many Syrian refugees
in this country who have come here because a persecution
from bacharalah Sad. Now the Austrians have already announced mass
deportations of Syrians. Assad's gone, You're going home, And indeed

(01:17:55):
even our labor government has now said that all piplications
for asilent from Syria are going to be put on
hold and will not be processed. They are thinking of
sending some back.

Speaker 2 (01:18:10):
So what is it going to take? I mean, I
see Lemmy's got one position and kirstam as saying, well, well,
you know, hold the horses will have it. It's far
too really to decide whether these guys need to be
taken off the terrorist list or not. What's it going
to take to actually take them off? What do they
have to do to prove.

Speaker 5 (01:18:23):
Themselves well, not allow the country to descend it to
chaos and not announced it kind of general g hard
against infidels, none of which seems very very likely. It
seems to me that we're in the same position with
Syria that we were in twenty ten with Libya twenty eleven,

(01:18:47):
rather that you know, well, we keep being told that
these organizations have reformed and are no longer murderous and violent.
And yet you know, we were told that about the Taliban,
it was going to be Taliban to zero. They were
going to be completely different. No, that didn't happen. So

(01:19:11):
I think we I just hope that Skear Starma prevails
over Lammie and that we're a bit we're a bit
measured in our response to what happens in Syria.

Speaker 2 (01:19:25):
Yeah, here's hoping. Hey, the old business indicators are not
looking too good for a recession, are they.

Speaker 5 (01:19:32):
No, And you know, I think I've probably got this wrong.
I actually saw back in July that a new labor
government might just provide a bit of an impetus to
the economy, given the years of stagnation under the Conservative Party.
But it has been catastrophic, and Rachel Reeves's budget a

(01:19:53):
month ago has rare two months ago now has really
saw the seeds of what looks like becoming a recession.
We are on the edge of a recession. We were
a long way away from that under the Tories, no
matter how inept they were. But we're now on the
edge of a recession. More and more firms are pulling

(01:20:13):
out of London. The economic indicators are looking very very bad. Indeed,
yeah really.

Speaker 2 (01:20:20):
Are hey, Rod, look after yourself. Thanks for talking us
through that. Really appreciate it. This Rod Little, our UK correspondent,
got a little bit of good news for you. If
you've got especially if you've got a sweet tooth, or
if you're pregnant, or if you just want to enjoy
your life. Apparently you can have a couple of sweet
treats a day and not only is it not going
to do you any harm, it actually looks like it

(01:20:41):
might be doing you some good. So if you go
in you have yourself a couple of pastries or chocolates
or sweets, and you do that a couple of times
a day, lowers your risk of heart attack and stroke.
Now this is out of a study out of Sweden.
They tracked like a quite a large number of Swedes,
about seventy thousand of them, and they checked them for
twenty two years, so it's a reasonable period of time
as rather, it's not just like oh mate, woke up

(01:21:01):
down to otargo and went let's do this for three
months like these guys properly leaned into this study and
they asked these seventy thousand swedes over twenty two years
to track what they were eating and drinking. And they
found that eating things like pastries and chocolates and sweeds
twice a day was linked to a twenty five percent
lower risk of a stroke and a twenty two percent
lower risk of a heart attack. And then if you

(01:21:24):
switch to the honeys and the jams and the marmalades,
and you're putting that on your toast, and you're putting
it on your porridg you' putting it wherever you want,
basically linked to an eleven percent reduction in heart failure. Now,
the differences do not confuse this with sugary drinks, because
that has a completely different impact on you. Apparently, if
you're drinking the pepsi and the colas and the fruit
juices and the sodas and even the diet stuff which

(01:21:45):
people think is okay, it's really not okay. All of
that stuff linked to an increased risk of stroke, heart
failure and the heart problems and all that stuff. Now,
the thing about this is the scientists don't know why,
because that's not what they were looking at. They were
just looking at what happens. So it's it's correlation rather
than cause. They don't know why this leads to you
having potential. Even if it does lead to it just

(01:22:05):
can be a complete coincidence that all these people have
lower risks of strokes and heart attacks.

Speaker 7 (01:22:10):
I sometimes I think with the sort of thing that
is the kind of person who allows themselves to have
a few sweet treats, are they just sort of a
little bit more easy going and a little bit stressed
and a little bit less wound up about things?

Speaker 2 (01:22:21):
This is what I was going to get to. You
haven't got anxiety. You're not stressing yourself out by being like, oh,
I have to do my intimittent fasting and only drink
my lemon TEA Am I describing somebody?

Speaker 7 (01:22:32):
I feel like there's somebody, but I just maybe I
can't think who that would be. Yeah, I don't know
nobody around here. Yeah at the moment, not not right now.

Speaker 2 (01:22:43):
If you're the kind of person who's like ah sized
size ten sized towlve who cares I have a good life,
I'm gonna I'm just gonna enjoy myself, have a little
bit of a cake and you're chilled out.

Speaker 7 (01:22:54):
It's probably and by that we don't mean cold plunging.

Speaker 2 (01:22:59):
None of that. Now, you don't want to be like,
you know, religiously in your sauna at three pm, out
into the cold show for breakfast, standing on one foot
while brushing your teeth, f like all of that stuff
like that. No, too much stress. That's what's your problem.
That's your problem right there.

Speaker 1 (01:23:14):
Called it to the mic asking Breakfast Full Show podcast
on iHeartRadio powered by News Talks at b Hey.

Speaker 2 (01:23:22):
Listen, I'm twelve away from nine. I don't know. You
probably don't know that. None of the relaxation about the
cakes is going to save my life, given how anxious
and angry I get about parking. So I'm going to
tell you about the parking story of the day. This
is a baller. Okay, there's a chim chap called Tim
Armstrong lives in Wellington. I hate parking wardens. I really
hate parking businesses, parking businesses more than parking wardens. Tim

(01:23:44):
Armstrong parked and Patoni and Wellington on October seventeenth in
a two hour zone. So he was like, I've got
two hours and he was in and out within fifty
one minutes. He parked at eleven oh eight and he
was out by eleven fifty nine. But he got ticketed
because a park warden came by. Remember he's in at
eleven oh eight, right, He's been there for nineteen minutes

(01:24:04):
and a parking guy comes by, chalks his tire, walks away, tickets.
Another car comes back five minutes later and tickets the guy.
So there's no two hour problem here. This is a
five minute But what's up with that parking guy? Anyway?
So Tim is like, oh no, don't worry about it.
I'll just write to the council. Hot city. Yep, Hot
City council. I'm as sort it starts emailing them. Nut

(01:24:27):
not gonna have a bar of it. Told by the council,
evidence is clear he's parked for more than two hours.
He gets to the point where he actually gets a
time stamped image of his ute and another suburban Wellington
altogether in Newlands. Sends it through, says, look, I'm a
new Lends you think I'm in Potoni. I'm a new Lands.
Look here's a time stamp.

Speaker 4 (01:24:44):
Think.

Speaker 2 (01:24:44):
They go, oh that's dubious, has it though? Anyway? So
this carries on for six days, gets escalated to the
boss above. They go, yeah, okay, you don't have to
pay the twenty bucks, but you still stay there for
two hours. He's like, no, I didn't. So his boss
threatens with legal action and that is when they say
they sorry on November seventh. Anyway, that's infuriating. Brought about

(01:25:06):
this the warden. They then get our whole sample of
the warden's tickets. Eight percent of them were disputed. That
got That's quite low, is it though? That's one and twelve.
I feel like that's a lot. You see why I
hate the main ten Away from known for.

Speaker 27 (01:25:21):
Fifty years now, Bailey's Real Estate has built a legacy
of trust and innovation across this beautiful country as the
country's leading full service real estate agency. From humble beginnings,
they have matured into the country's largest locally owned and
family operated real estate network with more than one hundred officers,
two thousand personnel and expertise across all corners of the
property sector, including the residential, the commercial, the rural, and

(01:25:43):
property services. While adding value across the property sector, Bailey's
also are beside you on the rugby pitch in Gum
boots on the farm, investing in local communities nationwide because
that is the Kiwi way, and the Kiwi Way is
the Bailey's Way, backed by a national network of course,
strategic international partnerships that give their client the cutting edge.
People are at the forefront of everything they do. Bailey's

(01:26:04):
proud to support New Zealanders to achieve their property goals.
They've done real estate differently for half a century. So
how can Bailees altogether better? How can that approach help
you ask yourself that question? Visit Baileys dot co dot
MZ to learn more. Licensed under the Area Act of
two thousand and eight.

Speaker 1 (01:26:21):
Heather Duplicy Allen on the My Costing break List with
Bailey's real Estate News talks.

Speaker 2 (01:26:26):
They'd be, Heather, the people who can afford a few
treats today, Maybe they're the ones who are more likely
to be able to afford healthy food and healthcare and
less likely to experience chronic stress. This is a very
good point from clear actually, so maybe if you are
able to eat two treats today's a lot to be
honest about it. You're going to be consistent about that.
It's like fourteen across the week. It adds up. So
you've got all that money for all those treats, then

(01:26:48):
you've got all the money for all the other stuff
as well. Six Away from nine.

Speaker 1 (01:26:51):
Trending now qu chemist ware House, the home of big
brand ftamens.

Speaker 2 (01:26:55):
Okay, so it's that time of year where we release
all of the lists. Say, we had the Spotify rat
list which came out last week, and we also had
the Billboard and the Rolling Stones lists of twenty twenty four,
and now today got Google's list. So this is what
ki we searched for in twenty twenty four on the
Google we'll do the concerts. First number one concert we
looked up the most scoure scar obviously cold Play, because

(01:27:19):
that was an amazing show. Not surprise at all. For sports,
the All Blacks specifically did not feature at all. The
only rugby event was the Rugby Championship, which was the
fifth most search. Number one was actually the Euros, followed
by the Olympics. The number one person we searched for
was Liam Payne of One Direction for obvious reasons. Kate
Middleton was number two, obviously worried about the cancer battle.

(01:27:40):
Lo Listen sixth most searched person by Kiwis. The most
searched shows show was Saltburn. Now that's not a show,
but as we as so you know what I'm talking
like with that moment and that moment and that moment
as well.

Speaker 7 (01:27:57):
Hey one completely passed me by. I'm going to have
to google that now.

Speaker 2 (01:28:00):
Oh man, let me tell you. We'll talk about that
book is of course because.

Speaker 7 (01:28:06):
Of all that those now I'm going to have to
disable my family filter.

Speaker 2 (01:28:09):
You don't want the kids there, mate, don't have the
kids with you. Baby reindeer also in there. Most searched
recipes real international flair here. Number one most search recipe
was bitter malon, which is a popular fruit used in
Chinese stir fry. Second thing was the Olympic Village chocolate muffins,
which are apparently a massive hit, and Za cookies on
the list. They're always always along with Ren Dang and

(01:28:30):
Tang Hulu. I don't know what do you know what
that is? I'm going to google that in a minute,
say if we then push it up for next year,
Raygun top meme search and now the big list, the
top ten overall things that we search ten flat white
for those of you who don't know what it is
number nine all Blacks Versus England number eight, Australian Open

(01:28:50):
number seven, T MoU number six, Cricket T twenty World
Cup number five, Liam Payne number four, Olympics number three,
Connections which is in New York time, TMES game number
two the Euros and number one the US election. Who's
let's be honest about it. None of us can get
enough of the Orange man. Thank god he doesn't run
our show.

Speaker 7 (01:29:11):
Holy by the way, is kind of like candied fruit.

Speaker 2 (01:29:16):
Candied fruit.

Speaker 7 (01:29:17):
Yeah, so I think what we've learned out of that.
We've got the Chinese stir fry and the Chinese candied fruit.
We've been hacked and T.

Speaker 2 (01:29:29):
Move T moves in there. Who is the trifector? See
you go, don't google any of those. Yeah, Trump will
sort of. We need a new list for next year
if possible. Hey, have yourself a lovely day and we
will see you again tomorrow. You still said by.

Speaker 1 (01:29:56):
For more from the Mic Asking Breakfast, listen live to
News Talk Said B from six am weekdays, or follow
the podcast on iHeartRadio.

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