Episode Transcript
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Speaker 1 (00:00):
New Zealand's home for trusted news and views. Heather Duplicy
alot on the mic Hosking Breakfast with a Vita, Retirement, Communities, Life,
Your Way, News Talk t head be.
Speaker 2 (00:12):
Good morning and welcome to the show. No surprise, the
ocr hasn't moved. No surprise the economy is actually not
looking flash at all. We'll speak to the Finance Minister
Nicola Willis after seven. Shane Jones has probably working up
furious this morning. His favorite gold mine just got told
no because of lizards. Now, if you've got a property
at risk of climate change flooding, you need to listen up.
You may only have twenty years to sort it out
(00:33):
before the money drives up. And by the way, do
you realize it's been twenty years since outrageous fortune hit
our screens for the first time. We'll speak to Antonia
Prebble about that after eight.
Speaker 1 (00:42):
Ever, duplicy La, how good is.
Speaker 2 (00:45):
That news that the days of taking your shoes off
at the airport are over? Yes because it was an inconvenience, Yes,
because it added security costs, but also because it was
pointless and we all knew it. The reason we did
it was, you'll know this by now because the shoe bomber,
Richard Reid, remember him, He had the explode in his
shoes in two thousand and one. The bombs didn't even work.
And even though the bombs didn't even work, he's had
(01:05):
the developed will taking its shoes off for nearly twenty years.
Didn't keep the bombs off planes, though, did it? Because
someone sewed them into the undeas someone hid them in
the printer charger cartridges. Someone hit them in a laptop.
So if shoes were were not the only way, it
was just one way. Then honing in on them so
excessively it was just a performance, wasn't it. It was the
theater of security. In fact, you could argue that the
(01:26):
massive airport screening that we have nowadays is an overreaction
and probably also maybe just theater. It was introduced to calm,
calm flyers who were nervous about nine to eleven, because
before nine eleven there were hardly any hijackings. Airport security
was already doing its job, but it got beefed up
after nine eleven. Anyway, there were limits on liquids, there
was random screening, the body scanners, bag scanners and q's
(01:49):
and q's and q's. Some say it was a massive
reaction to a high profile aberration. It's added maybe three
hundred billion dollars in security costs at airports. You pay
for that. It's added five dollars sixty US to the
price of every ticket in the States through what they
call the September eleven security fee. It's had us missing
planes for nearly twenty five years, but it made us
feel better. But apart from two high profile hijackings, we
(02:11):
didn't actually have a major problem to fix. Now we
are finally getting around to unwinding the rules right some airports.
Yesterday we said removing the liquids limit. You can now
keep your high tops on. If there is a lesson here,
it's not to introduce rules for the sake of introducing rules.
It might make you feel better for what twenty years,
and then everyone will realize in the end, it's just
a dumb rule.
Speaker 1 (02:32):
Wow, news of the world. In ninety seconds, we.
Speaker 2 (02:36):
Have got more flash flooding, this time in New Mexico.
Speaker 3 (02:38):
It didn't look like it was going to be this massive,
but it was. It hit hard, it hit fast. We
did reach all of our bridges. We did lose some
more homes. We have some folks that are missing.
Speaker 2 (02:53):
Back in Texas, and the questions won't go away about
that flood response.
Speaker 4 (02:56):
Kirk County is eleven hundred square miles, a beautiful complex
hill country. There are rural areas that may experience extended
response times, areas work sell services, body resident doctors.
Speaker 2 (03:11):
Over in the UK are striking again at the end
of the month and we're streating. The UK Health Secretary
could not be more shocked about it.
Speaker 5 (03:18):
The BMA's behavior is unreasonable because they've had a twenty
eight point nine percent pay rise. There isn't a precedent
in British trade union history for people going out on
strike after such a big pay increase.
Speaker 2 (03:31):
Now that reports into the infected blood scandal in the
UK has found the government's compost scheme isn't exactly fit
for purpose.
Speaker 6 (03:37):
I don't think it's too late to put things right,
and I think with the will, things can be made
fairer and things can be made faster.
Speaker 2 (03:47):
This victim is still waiting for his claim to be accepted.
Speaker 7 (03:49):
Turned into another horror story, a scandal and a scandal.
I'm having to vindicate what they did to me again.
I feel like they're not listening in again the claims
managers not listening in the who are not listening And
I'm having to relive the whole process.
Speaker 2 (04:04):
To the UK and France love and they've agreed on
a need for a micro and boat crossing deterrent as
more and more cross the sea like this bloke.
Speaker 1 (04:11):
They can't give me an opportunity like.
Speaker 2 (04:15):
To succeed or to do whatever that I need to
do in my life. Late and finally, the US has
canceled a rule that would have made it easier to
get out of your gym subscription that you signed up
just six months ago and have gone maybe three or
four times in the period. During Biden's time, they passed
the so called trick to Cancel rule, which allowed, among
other things, people to be able to easily opt out
(04:35):
of a subscription or a membership as simply as they
signed up to it. The rule was supposed to come
into effect next week, but the US Appeals Called has
blocked it. And that's against the public, the popular public vote.
So in America, you either need to keep paying or
you actually just need to go to the gym, and
that is news of the world. In ninety seconds, now
a big moment for Nvideo. Overnight became the first company
(04:57):
in the world to reach a market value of four
trillion US dollars. And this is obviously on the back
of the ongoing demand for AI, which means ongoing demand
for in videos, tech and so on. Shares went up
two point four percent in training. This is the interesting
thing about in video. It has quadrupled its value in
just the space of two years. This time twenty twenty three,
that reached a market value of one trillion dollars for
(05:18):
the first time. We thought that was a big deal.
Now for trillion. Six twelve.
Speaker 1 (05:24):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks evy.
Speaker 2 (05:32):
Oh, We're going to talk a little bit about welfare
on the program. There are some interesting numbers out of
the UK. I'm going to run you through shortly right now,
quarter pass Sex Andrew Callaho, Jmi welf is with us morning,
Andrew Gay Heather Right. Okay, So as expected, Ocra is
being held what he reckons the story here?
Speaker 8 (05:50):
Yes, it wasn't that exciting in the end, was it?
You know, they left the ocr and changed. That was
the market expectation. So a lot of that's been well
covered since it came out your staff and it got yeah,
where's it actually leave us? You know, what's the story?
I think as vera sort of taking a wee step
back is important. Where are we in the bigger picture
and the whole sort of economic interest rate cycle, because
(06:11):
the thing is here that we're in the home straight
now for the run of interest rate cards, assuming the
economy sort of pans out how the central back thinks
it does. So the waiting, the waiting, the waiting for
interest rate cards, that's mostly in the rear vision mirror.
We're pretty much there.
Speaker 9 (06:26):
We're in the zone now.
Speaker 8 (06:27):
Where we get the benefit of these lower fixed strate mortgages,
So the extra dollars will now start flowing into people's pockets.
That continues from now sort of through to Christmas for
the bulk of the fixed rate mortgages out there. So
I think we can legitimately start asking the question where's
the extra economic activity?
Speaker 1 (06:44):
Where is it?
Speaker 8 (06:45):
Because you know, you know, that's part of the story.
Another key feature is that if we don't get that lift,
you know, will the economy coop call even more so
we'll need the ocr lower down into the mid tiism.
Maybe we need that final push, that last sort of
twenty five or fifty basis points because parts of the
economy are they're not doing very well. They're kind of
in trouble, and this inflation, this inflation lift that we're
(07:09):
going to see out of the next six month sort
of staying the hand of the central bank. So you
look for the record, I mean, those are sort of
kind of random thoughts, I suppose. But for the record,
we got what I think is well described as a
dubbsh pause. It's possible we'll see further reasons. Inflation pressures
are broadly in line with the bank's expectations, and the
bank's mindful in the short term that inflation outcomes to
(07:29):
move higher. You close to the top of that target
inflation band, we get a two point seven and two
two point nine before its subside again. Uncertainty key economic theme.
Betweenty twenty five can't escape it. You look at the
record of the meeting. How they should always read the
record of the meeting. That's where the good stuff is.
There was debate over a pause or a cut, so
healthy robust debate. We hope they did end up with
(07:50):
a consensus decision, So no messy RBA vote. I think
the odds are good for an August cut, they need
the data to support it. But in all fairness, had
I mean, it's a tough job making a well informed
call on how the global situation pans out. Given these
somewhat unconventional approach to policy announcement and policy limitation that
(08:10):
we're seeing from the US will that does and will
continue to impact global trade and global growth. Market reaction
was pretty benign here that we did see rates creep
up at interest rates creep up a little bit, but
then they came back down. Dollars sort of strengthened, then
it came back, so market took it or pretty much
in their stride.
Speaker 2 (08:28):
What are you seeing in China's inflation?
Speaker 8 (08:30):
Yeah, so look let's look out rather than in. We
keep focusing on US trade policy. We keep focusing on
US tariffs, but yesterday we got a wee reminder of
the state of the economy. And let's not forget our
largest trading partner, China, and we're talking about inflation and
interest rates here. Yesterday we got CPI and that's consumer
(08:51):
price index inflation and PPI inflation in China PPI inflation
is like I think inflation for businesses. Now, their CPI
year on year came out at zero point one percent,
which is basically zero, isn't it, But their producer price inflation.
This is, as I said, think business inflation. Negative three
point six, Yes, negative inflation, and not just a little bit,
(09:14):
but minus three point six that's a lot. So the
CPI number was actually a touch higher than people expected.
They thought it was going to come out dead flat.
That minus three point six PPI inflation largest decline since
July twenty twenty three. It speaks to a price war
going on in China given very weak consumer demand, in
other words, a moribund economy that's still being knocked around
(09:36):
by problems in the property market, and now, of course
the global trade issue and sort of issues with exporting
to the US. Core CPI zero point seven does suggest
a little bit more demand in the headline number, but
you know, we've just got to keep an eye. That is,
as I keep saying, that's our largest trading partner. If
the global trade issue keeps that economy weak, that's not
(09:58):
good for US.
Speaker 2 (09:59):
Yeah, fairpoint. Does it sucks to be Jerome power at
the moment doesn't it.
Speaker 8 (10:02):
Oh my god, the political pressure on poor old Federal
Reserve chair Government Paler. I've never seen anything like this, Heather,
So now, don only is Trump all piling in on power,
now Scott Besens is piling him on, well, piling in
on him as well. And look it's they may have
a point. Maybe he should be dropping the interest rates there,
but it's really problematic for financial markets. If we lose
(10:23):
trust and confidence in the Federal Reserve, this story will
stay in the news and it could get a little
bit ugly.
Speaker 2 (10:28):
All right, give me the numbers.
Speaker 8 (10:29):
Yeah, now, Jones up one hundred and sixty nine points
point three eight percent, forty four thy four hundred and nine,
the S and P five hundred up twenty four points.
That's point four percent, sixty two five. Oh and you
talked about in Vidia, what trade war? Who's worried about that?
In Vidia for trillion dollars? Lifting the Nasdaq twenty thousand,
five hundred and sixty five one hundred and forty six points,
(10:50):
that's about three quarters of percent. The FOOTS one hundred
up thirteen points overnight, eight eight sixty seven, the nick
A up thirty percent three nine eight two one shanghaik
comsit down four three four nine three The Aussie's yesterday
lost point six percent eight five three eight the close
there we lost ninety points of the NZX fifty twelve,
seven hundred and sixty eight. The currencies Kiwi dollar point
(11:12):
five nine nine four, US point nine one seven one,
ossie point five one pin one nine against the Euro
point four to four to one and go against the
pound eighty seven point seventeen japane en gold three thousand,
three hundred and eight dollars and break crewed seventy dollars
and thirty nine cents.
Speaker 2 (11:27):
Excellent stuff. Thanks so much, Matt, You have yourself Andrew,
you have yourself A lovely morning, Andrew Klahoe of JMI Wealth.
Heather just looking at it. Text from Matt Heather. Airport
security screening rules are being relaxed overseas, but don't be
surprised if New Zealand Aviation Security takes its time to
readjust to these new international norms. The CIA, like anything
entangled in government bureaucracy, will take its time unless the
(11:49):
likes of David Seymour gets involved. Feel like David Seymour
will never run out of work with red Tape six
twenty one, the.
Speaker 1 (11:56):
Vike Asking Breakfast Full Show podcast on iHeartRadio powered by
News Talks that Be.
Speaker 2 (12:03):
Listen. Okay, so this is the welfare numbers, right. There's
a think tank in the UK that's crunched the numbers.
It's found that after Kia Starmer's failed reform of the
welfare system, it's not going to be a very long
time and jobless people who are sitting on sickness benefits
are actually going to get paid more than minimum wage workers.
So howard would you basically have to pile up your benefits?
But that happens all the time, right, people do this
(12:24):
all the time. So you get yourself the standard benefit,
add to it the housing help, get the limited Capability
for Work element, get yourself the Personal Independence payment. Then
you also add the mental health payout and on. Add
all those things up, and they are scoring themselves a
sweet little fifty seven thousand New Zealand dollar payment. Every year.
(12:45):
Someone on the national living wage in the UK is
working for fifty one thousand after tax, So fifty seven
versus fifty one. It totally pays to just stay on
the doll doesn't it. After all that drama that Kiir
Starmer has endured to try to form welfare and then
failed and then caught the embarrassment. It hasn't worked. People
(13:05):
are better off staying on the couch anyway. We're going
to talk about what we're doing in New Zealand of
course getting them out to clean up in Tasman and
Nelson and so we'll talk about that later on. It's
twenty six past.
Speaker 1 (13:13):
Six trending now with Chemist Warehouse celebrate big Brands and
biggest savings.
Speaker 2 (13:19):
News of the morning is of course that Christian Horner
is out. He's been sacked by Red Bull with immediate effect,
after twenty years as the boss. It comes as Red
Bull sit fourth on the Constructors' Championship and Max Verstappen
is the only driver who can now score any sort
of consistent points. If one commentator, Martin Brundle shared his.
Speaker 10 (13:35):
Thoughts, I'm quite sad about it, if I'm honest, I
consider Christian a friend and he's done an incredible job
there for twenty years. But you know, it's not been
difficult to feel in the Formula One paddock and to
observe and to hear that things were not particularly rosy.
Speaker 2 (13:52):
And his colleague and fellow commentator Karun Chandock said out loud,
what if one spectators had thought about Red Bull for
years now that it was covered up by step in success.
Speaker 11 (14:01):
You know without maxis Stappin, that team will be struggling.
Yuki Sonuda have finished last in the last couple of races.
Is predecessors, you know, all good drivers and other teams,
but they haven't been able to compete against Max or
be anywhere close to Max. So so really, you know,
if Max leaves today, Red Bull would have been forth
(14:23):
or fifth in the championship and maybe Christians had to
now carry the blame and carry the can for some
of that now.
Speaker 2 (14:29):
He went on to say that Christian only focused on
Max essentially made it a one driver team. Hence why
it's known that being Max's teammate is the most difficult
job in F one. All eyes are now going to
be even more firmly on Max for Steppin in his
future and whether that will still be at Red Bull.
We're going to talk later in the program with Chris Midland,
who's an F one journalist. He'll know exactly what is
going on here. News is next, and then after that
(14:53):
let's talk about the gaming.
Speaker 1 (14:54):
Industry, setting the agenda and talking the big issues. Either
duper c Allen on the Mic Hosking Breakfast with the
land Rover Discovery never stop discovering News, tok Dea'd.
Speaker 2 (15:10):
Be right, we're gonna have to talk about the ocr
of course, I've got Nikolauillis after seven o'clock with us,
and also Joe McKenna is with us out of Italy News.
And just probably the last I want to say two
or three hours is that the CEO of Twitter was
now known as X has just announced her resignation. She's
been in the roles since about this time a couple
of years ago, so maybe junish twenty twenty three. It's
(15:31):
not clear what's happened here at the moment, it looks
like everyone's getting on. She's posted saying that she's immensely
grateful to Elon Musk. He's posted saying thank you for
your contributions. But you know it's Elon Musk, so it
could go anyway. So also not the first, not the
only development in Twitter news for Elon today run you
through the rest of it in a minute twenty two
twenty away seven. So once again the video game industry
(15:55):
is going great. Guns jobs are up nearly twenty one
percent over the past year, and this is thanks to
that rebate system that gives back twenty cents on every
dollar that has spent in creating a video game. Stephen
Knightley is the COO of Rocket Works Games and is
with us.
Speaker 1 (16:08):
Hey Stephen, good morning.
Speaker 2 (16:10):
So what is going on you guys?
Speaker 6 (16:12):
On the up and up we are and look, it's
really great to see this rebate scheme was put in
a year or ago. It's actually delivering on what it
was supposed to do, which was create jobs and keep
awesome good jobs in New Zealand.
Speaker 1 (16:24):
Yeah.
Speaker 2 (16:24):
I see though as a forty million dollar pop, but
only about twenty three has been used. Wise money being
left on the table.
Speaker 6 (16:31):
Hey loo, I think the governmentor set it up to
be good stewards of public money. Really under the cap
on it, any one studio could only get up to
three million dollars on it, so they've just managed the
funds well. We actually think I should probably be increased
a bit with the obviously money there. Put it this way,
if they increase that cap to studio, there are jobs.
There are more jobs that more people who would just
(16:52):
employ if we could use that fund more.
Speaker 2 (16:56):
Do you think this has stopped businesses going to Australia,
which was the original plan.
Speaker 6 (17:01):
Yes, it has. Look for instance, my own studio. Look,
I went to Queensland, Queensland and spoke with the government
over there. We looked at opening a new team up
over there, and instead we've kept a team in Auckland
and hiring people in Auckland instead.
Speaker 2 (17:14):
So why did you do that though, Because you can
actually get more money out of Australia. I mean their
rebate is what thirty.
Speaker 6 (17:19):
Cents, well, thirty cents from the federal government Australia plus
ten or fifteen cents from the state governments. I could
have got forty five cents the dollars in Queensland.
Speaker 1 (17:29):
Yeah.
Speaker 9 (17:29):
Correct.
Speaker 6 (17:30):
So I know a question people often had about these
type of rebates as oh, was it a race to
the bottom and all that.
Speaker 12 (17:36):
No it isn't.
Speaker 6 (17:36):
It's a pretty modest rebate. Look, we also think there's
great talent, great people in New Zealand. So look, one
of the interesting things about the games industry in New
Zealand is it's mostly bounded and run by New Zealanders.
It's not a case of big multinationals coming in and setting up.
So look, we've also got a little bit of tea reloyalty.
We believe in our people and back up people, and
(17:57):
there's probably enough to compensate for the fact that Australia
does often more.
Speaker 2 (18:02):
Stephen, I really appreciate having a chat to you. Look
after yourself, have a nice morning at Stephen Knightley Coo
rocket Works game and keep up the good work. By
the way, one of the businesses claiming the rebate is
an outfit called Splitting Points Studios. Now you won't have
heard of them, but you might have heard of the
game that they've produced, which is Grow a Garden, which
is on Roadblocks. Roadblocks is massive with the kids, and
(18:22):
the game is if Roadblocks is massive. This game is enormous.
One Saturday last month, it had sixteen point four million
people around the world playing at exactly the same time,
which is a new record. The record was held by
Fortnite beforehand five years ago. Some point in twenty twenty,
fifteen point three million people were playing Fortnite at the
same time, just being beaten by the Kiwi game sixteen
(18:42):
point four million. Heather read the Dairy prices. Really concerning
that our finance minister doesn't understand market forces as to
why prices are high. As a farmer, why would I
want to sell to locals at a lower price than
someone overseas and surprise that the local merchant throws their
margin on top. This is a borderline market manipulation. But
Mike Hosking texting in it sounds like exactly like something
(19:02):
he would say. He would also be, you know, like
the man never takes a holiday, So don't be surprised.
Do not look. It's a fair question to raise. Nikola
Willis worked for Fonterra. She one hundred percent understands how
this works. This is nothing more than political performance. Nineteen
away from seven, the.
Speaker 1 (19:19):
Mic Hosking Breakfast Full Show podcast on iHeartRadio, car it
By News talks a B right.
Speaker 2 (19:26):
We are going to talk about climate change adapt it.
Don't roll your eyes climate change adaptation later on. It's
very important. If you've got a batch by the beach,
you might be thinking, oh, government's going to buy me
out if I get flooded. No, that's going to end,
possibly in twenty years. If the recommendation out today is accepted,
I'll get you across that after seven right now, sixteen
away from.
Speaker 1 (19:44):
Seven, International correspondence with ends and Eye Insurance, Peace of
mind for New Zealand business.
Speaker 2 (19:50):
Joe McKenna Isily correspondent. Last morning, Joe, good morning. He so,
do you reckon they're going to take the Pope up
on this offer of letting his house be used for
the peace talks.
Speaker 13 (20:00):
Well, look, it is exciting to see Pope Leo the
fourteenth taking such a strong stand on Ukraine and driving
this conversation about peace, which is of course he's not
the only one, but he was meeting Ukrainian President Vladimir
Zelenski today at his summer residence at Castel Gondorfo just
outside Rome, and that is ahead of this very important
(20:21):
what's called Ukraine Recovery Conference, which is taking place in
Rome tomorrow and on Friday. And this is whole all
of this is designed to put more pressure on finding
some sort of peaceful conclusion to this conflict in Ukraine.
Speaker 2 (20:37):
Can you explain to me what exactly is going on
in Libi at the moment.
Speaker 13 (20:41):
Looks it's so divided. This country is so divided, and
I think it's really difficult for the European Union in particular.
Right now, it is a bit of a basket case.
It's divided in two and Eastern Libyan authorities have ordered
a EU delegation, including the Italian Interior Minister Matteo Pianta Dozi,
(21:02):
to leave the country. They left the country yesterday after
they'd arrived there for talks. So you essentially have two
different governments in Libya at the moment, so it is
very divided. There are still very powerful armed militias there.
There's a UN backed government of National Unity headed by
Prime Minister Abdulhamid de Badet, but that is not recognized
(21:26):
in other parts of the country. So it is a mess,
and the European leaders are very very concerned about the
instability there. It's also a jumping off point, as we
know from migrants crossing the Mediterranean and making their way
to Europe.
Speaker 2 (21:39):
Now it seems fair enough to me that if you're
going to the theater you do not wear the jandles.
Speaker 13 (21:45):
Well, this is an interesting one. The Las Gala, the
opera theater in Milan, has come out very strongly saying okay, patrons,
you can come and see our shows, but don't wear
your shorts, your tank tops or your flip flops. So
rules of conduct are going to be enforced. People are
going to be turned away if they don't choose the
right clothing, and they may not even be given a refund.
(22:10):
It doesn't sound like they're going to get their money
back either.
Speaker 2 (22:12):
Rough Joe, thank you very much, really everything. Thanks for
that much, Joe McKenna, our Italy correspondent Master Chef. If
you are a Master Chef fan, you're going to know
the name Greg Wallace. He's been a presenter of Master
Chef in the UK for twenty years. He's been sacked
by the BBC. Now this has been coming for a
little while because Greg has been put on I guess
on leave, stepped aside from the shows since September since
(22:35):
November last year so they can investigate. Originally they had
about thirteen people who complained. Now they've got another fifty
people who've complained about his behavior. So total of the
complaints are at least about sixty three or over. Been
accused of groping and touching, dropping his trousers in front
of women, making gross comments. So probably my if you
can have a favorite complaint about somebody, this would be it.
(22:58):
He has previously admitted to one time opening his dressing
room door and shouting hooray, and when people looked at
him they found that, in fact, he was naked except
for a sock on his willie. But he said it's
okay because it was after the day's filming had finished.
So can't possibly see why they needed to get rid
of Greg? Just really lifting the workplace vibe there, Heather Morning,
(23:20):
Nikola Willison, instead of wasting time on supermarkets and Fonterra,
may want to look at the price gouging of our
infamous fuel industry, et cetera. It's Jules fairpoint. Do you
know what I would much rather rather than having a
crack at Fonterra, having a crack at the supermarkets, having
a crack at the banks, all of which is going
to lead to absolutely nothing, because as I said, it's
just performance. Rather than doing all of that, how about
(23:40):
focusing on the economy, because if there's one thing that
you got from the ocr yesterday, if you read what
the Reserve Bank had said, it is very clear that
they are worried about what's going on with the economy
at the minute. It is just failing to fire. They said.
The thing that they are most worried about is it
would appear, is that because it's slowed down, we are
going to start putting our money away and being worried
about it, and it will just exacerbate that. Some members
(24:02):
highlighted that prolonged economic uncertainty might induce further precautionary behavior
by households and firms. Such actions risk becoming mutually reinforcing
and weighing on aggregate demand, slowing the economic recovery. The
recent weaker than expected higher frequency indicators, so basically the
recent dip that we've seen in the economic activity could
be consistent with this. So possibly we are already starting
(24:23):
to get cautious and put our money away and not
spend money because we're worried about what the heck is
happening and what it means for our jobs. This is
as I said earlier to Andrew when I was talking
to him up to now, maybe if you're being super careful,
really kind magnanimous, you could you could have said saw
Labour's fault, and it predominantly is. But it has been
now more than eighteen months, and I would argue that
(24:45):
at this point this government needs to start taking responsibility
for the fact that the economies in the state that
it is. What have they done? What have they done
to make this better? We'll have a chat to Nikola
after seven o'clock eleven away from seven.
Speaker 1 (24:57):
Where the duplicy Ellen on the casking breakfast with Bailey's
real estate news dogs.
Speaker 2 (25:03):
They'd be Susan Lee. Susan Lee, Australian opposition leader, is
fast becoming my favorite Australian politician. I'm actually I'm going
to push the boat out and say probably my favorite
politician full stop. She's just given an interview to the
Australian Women's Weekly and in it she has revealed that
she once pulled a guy on a gun on a guy.
(25:23):
The gun was bought legally. So what happened is she
was moving to become an aerial stock muster in her youth,
which already you love about the woman. So she's moving
to become an aerial stockmuster. She's driving from her flat
in Sydney. She's going about going inland from Brisbane, driving
about a thousand k's or thereabout, pulls over for the night,
sets up her swag before a motorbike drives over. The
(25:45):
guy on the bike lifts his visa and says, Ah,
you're here all by yourself, are you? She says? She
looks at him, reaches over, pulls out her semi semi
automatic weapon and tells him, I'm here with my tall,
skinny mate gun. Was not loaded. Was bought legally. I
feel like I need to tell you that. But isn't
that the kind of lady leader that you want? Someone
(26:06):
who goes, hmmm, try messing with me seven away from seven, all.
Speaker 1 (26:13):
The ins and the outs. It's the fiz with business fiber.
Take your business productivity to the next level.
Speaker 2 (26:20):
All right, we've got our first full trillion dollar company,
and it is neither of the first two companies to
hit the three trillion dollar mark in video. Shares are
up two percent to lift the market cap past four
trillion for the first time ever. Not unexpectedly, then, it's
also the highest market cap ever recorded for a public
traded company, after Apple got that record in December. Both
Apple and Microsoft were the ones who hit the three
(26:42):
trillion dollar mark first. Doesn't help Microsoft that they are
one of Invidia's biggest customers. It's been an incredibly quick
rise for video based on the growing demand for the
AI and the hardware and the chips since the launch
of chat gpt now. The company began in nineteen ninety
three and it passed the two trillion dollar mark in
February twenty twenty four. That's last year. Only took four
(27:02):
months to then hit three trillion and now four trillion
just a year after that. In Video's shares are up
fifteen percent over the last month and twenty two percent
since the start of the year. And all of this
is despite the fact that China has blocked in Video
from being able to sell their chips there, costing it
eight billion dollars and lost sales. That's the business you
wish you invested in earlier. A So Shane Jones, Look,
(27:24):
Shane Jones, I mean, I feel like he's always at
risk of blowing a gasket at the moment, given that
the world, to the state of the world as it is,
is driving him nuts for being too woke. But I
feel like the last twenty four hours or thereabouts probably
been a little bit tough for him because what he's
got this pet project, Mike. You would have heard him
raving about the mine and how much he hates Otago
Regional Council because it's trying to stop the mine. Well
(27:45):
then that was to do with the moths. Now the
mine's been hit by the lizards. Same mine. This is
the Oceana Mile mine in Central Otago, mccray's mine. The
lizards have got to do now, not with the council,
but now it's doc coming at him. So the mine
has apply for permission to expand. But in order to expand,
it needs to harvest the lizards. I know, I know,
(28:05):
how do you live? How do we live in this country?
Sometimes we're harvesting lizards? And did you know that the
seasonal lizard salvage window is between October and November, so
they need permission. So they need this permission by the
first of October in order to be able to start
salvaging the lizards to keep the lizards alive. But DOCA
said to them, now we don't like your plan, and
(28:26):
so DOCA said no, canceled it. As a result, they
have that Oceana are just kind of like, what do
we do about this? And they've gone to the minister
and they're trying to get some help with it because
if this doesn't go ahead, they are threatening now that
they're going to stop the work about nine hundred people
at this if at the point that right now you're like, well,
I mean, I do feel quite concerned about this lizard.
(28:46):
I'm just going to say, just so that you can
balance this out a wee bit, they are on track.
This is mccray's alone to contribute about seven hundred million
dollars in exports this year, So I don't know, we
might want to keep them going, you know, just to
I don't know, just get the dollars in so that
we can afford to keep saving the lizards through Doc's
beautiful work. I'm going to talk to Shane Jones about
that shortly. AI. Sorry not AI, well, it is AI related.
(29:09):
Is actually Elon Musk just more tough news for him.
He's got an AI startup. It's called Xai that's got
a chatbot called groc Grok has been getting pretty anti
semitic over the last wee while with the tweets pretty
fond of Hitler was asked which twentieth century historical figure
would be best suited to deal with hateful posts, and
said Adolf Hitler, no question, and then celebrated the deaths
(29:31):
of the children in the Texas floods no surprise by
trying to trying to delete the tweets and fix Grock Well,
good luck will That not the only bit of bad
news for Elon in the last wee while Nichola Willis
with us next.
Speaker 1 (29:47):
You know, ok home Well the Breakfast show, Kiwi's trust
to stay in the nome Anther Duplice Ellen on the
MI casting Breakfast with Bailey's Real Estate all together better
across residential, commercial, and rural news talks.
Speaker 2 (30:07):
Had b good morning. So as expected, the Reserve Bank
has held the OCR at three point two five percent.
They've suggested the next move is a cut that will
happen in about six weeks time. But it's clear from
what they're saying that the economy is far from roaring
at the minute. Nicola Willis is the Finance Minisine with
us morning, Nikola, good morning here. Why isn't the economy
doing better?
Speaker 9 (30:27):
Well?
Speaker 14 (30:27):
We had two quarters of above expected growth, so that
was in the last bit of last year. In the
first three months of this year where the growth in
the economy was faster than all of our forecasts. But
since then, there's been quite a few global developments. We've
had Donald Trump making announcements about tariffs. We've had global
back and forth on trade, We've had global conflict and
(30:49):
that's created uncertainty around the world and it certainly impacted
business confidence and investment intensions here in New Zealand. Despite that,
fundamentals remain good. There's every reason that we will have
kept growing, but maybe not as fast as we would
have liked.
Speaker 2 (31:03):
Okay, I mean it's fair to say that some of
it has to do with what's going on globally, but
a lot of it is actually just domestic spare capacity
in the domestic economy. Why isn't it firing? I mean,
the reason I'm asking you this question is because you
said in twenty twenty three at the election that you
guys would get the economy back on track. You've had
more than eighteen months and it's far from that.
Speaker 14 (31:21):
Well, there is spare capacity in the economy. And if
you go back to what I was saying earlier, what
we saw at the end of last year, in the
first three months of this year was we were literally
twice as fast in terms of our growth as had
been predicted, four times as fast as Australia was in
the first three months of the year. Then in April,
quite a major thing happened, and you saw the same
(31:42):
headlines as every business in New Zealand saw, which said
that this is going to be very challenging to the world,
that global growth is going to reduce.
Speaker 15 (31:50):
There are going to be all of these impacts.
Speaker 14 (31:52):
And like many countries around the world, the reaction and
that in New Zealand has been well, actually, we might
not have bettened down the hatches a bit now, my viewers. Okay,
that's the reaction that businesses have had. Actually, all of
the fundamentals for growth remain. We've got a business friendly
government that is on the side of those wanting to
(32:12):
invest and make money and create jobs and export overseas.
We are getting rid of rules and the regulations that
have in the past stood in the way and made
things harder. We've been careful with the way that we
are spending tax payers money. All of those things are
the right things to be doing and is every reason
why New Zealand should be growing in the future.
Speaker 2 (32:31):
Nichola, can I talk to you about this Fonterra meeting.
What are you hoping to get out of it?
Speaker 14 (32:36):
Well, I have had some interesting numbers put to me.
Heather which is that if you buy some butter at
Coal's and Willworth's right now, if you go online you
can get that for seven dollars Australia, which is ki
we seven dollars sixty or so. If you buy it
at Walworth's in New Zealand right now, it's about eight
dollars fifty.
Speaker 2 (32:56):
So is that a supermarket problem though, or a Fonterra problem.
Speaker 14 (32:59):
That's my quick and I don't have an answer for you,
and I want to ask both the supermarkets and Fonterra
for their perspective on what's building into that cost, what's
in that price? Is there anything the government can be
doing to reduce factors in that price? Because I accept
that the global milk price sets the general price in
fury products. I get that that's economics. But my question
(33:20):
is why is it seemingly a bit cheaper in Australia
than it is in New Zealand To get a block about.
Speaker 2 (33:26):
It, Would it simply not be that potentially Coals is
using it as a loss leader.
Speaker 14 (33:31):
Well, that seems interesting because of course Coals and well Worth,
you'd think would be facing similar incentives to do that
sort of thing. Why wouldn't that be happening here and
Coals isn't offering it particularly cheaply in Australia. If you
look at different places in Australia, you can get similar
prices to that. So I've just got the question. I've
put that question, of course to supermarkets why is it
(33:54):
so much cheaper seemingly at Australia and they've given me
an answer. I'm going to put it to Fonterierra and
ask about it. And I'm genuinely interested in their answers
because I'm on side of every KIV shopper who goes, hey,
there are Our price is fair and I think I
have a job to do to explore it.
Speaker 2 (34:10):
Nicholicied families on two hundred and thirty thousand dollars beyond welfare.
Speaker 14 (34:14):
No, they shouldn't be. But I know where you're going
with this.
Speaker 2 (34:17):
Yes, so why are they?
Speaker 14 (34:19):
They are not family is earning that kind of income
in New Zealand. So that's across two earners. Mind you,
that's not just one who are paying a lot of
tax then have to if they have young children, pay
a lot for their childcare in order to work. It's
a cost that they have to take on in order
to often have mum and dad both working full time,
(34:42):
and what we've done with the Family Boost policy is
recognized as taxpayers working hard at a difficult time in life.
We want to make sure that you're well supported in that,
and we're going to give you some of your fees
back forty percent feeds back up to forty percent.
Speaker 2 (34:57):
That's still wealth back.
Speaker 16 (34:58):
One.
Speaker 2 (34:58):
That's still wealthare because you are giving money to families
who are earning two hundred and thirty thousand dollars a year.
I mean, are you sure that you just spoke about
the fact that you're spending our money wisely? It doesn't
look like.
Speaker 14 (35:08):
Well, well, it's a tax rebate either. It's not wealthfare,
it's not a handout. It's actually something you get only
if you are able to demonstrate that you've got those
receipts for your early childhood education costs, and you will
get lesse than you would if you were on a
lower income. We have means tested it, so once you're
as a household earning more than one hundred and forty
(35:30):
thousand dollars, the amount of rebate you get out of
that scheme starts to reduce. But look, I stand by
that family burst policy. It's all about saying difficult time
in life, high cost of living. Let's make sure families
with young kids are well supported.
Speaker 2 (35:44):
All right, Nichola, thank you for your time. Enjoy your day.
That's Nichola Willi's Finance minister, Heather do for see Ellen
Matt Winerra. Actually let's start with us. Homeowners with houses
flooded or damage by whether need to stop expecting government
buyouts and do that within the next twenty years. This
is a recommendation from an expert panel set up to
nut out how to deal with climate risks. Matt Winery
is the chair of the Independent Reference Group and is
(36:05):
with us morning.
Speaker 9 (36:05):
Matt, Hi Heather.
Speaker 2 (36:06):
So, Matt, how would this work. You've got a batch
next to the beach, it gets flooded, the government will
buy you out for the next twenty years and after
that you're on your own.
Speaker 17 (36:15):
So what we're looking to do is create a transition
to a future state where the government is not the
de facto ensure of all property damage. And that's the
situation we're in at the moment on a de factor,
on a default basis and a reactive basis post events.
But it's not done for everybody or every impact. So
(36:38):
what we're saying is what you need to do is
transition to a state where people can understand will what
they will get, and the government's obligation to relieve hardship
will not be linked to property value anymore, but needs
to be done over a period of time, so it
gives the market time to adjust and gives people fear
warning and an opportunity to respond.
Speaker 2 (36:58):
Okay, you also talk about needing to draw some council
services from some places. What are you talking about.
Speaker 17 (37:04):
What we mean there is that the councils will need
the ability to withdraw services in particular areas that are
particularly affected by flooding severe inundational coastal erosions. So like
you saw post earthquake, you had you had some situations
where you just had a few a few people still
(37:26):
living there. What you need to do is get to
a point where the councils can make decisions about.
Speaker 18 (37:30):
How they will how they will adapt to the change
in climate, so the change in sea level, to change
in water level, and that needs to include the ability
to give indications over time that they would withdraw services
from particular areas where it's no longer suitable for people
to be living.
Speaker 2 (37:47):
Is that in order to basically force people out.
Speaker 17 (37:50):
No, that doesn't. That doesn't force people out. People can
continue to choose to stay there, but the Council can't
be or must be, in a position to be able
to decide whether to continue to give services if there
are essentially nobody to give services to.
Speaker 6 (38:05):
Or very few.
Speaker 2 (38:06):
Matt, thanks very much, Matt winn Ray, chair of the
Independent Reference Group. Right deal with the lizards?
Speaker 1 (38:11):
Next quarter past the Mike Asking Breakfast Full Show podcast
on iHeartRadio, How It by News talks at be.
Speaker 2 (38:20):
Here the why focus on the butter and comparing us
to Oz. Actually fairpoint. We're going to get to that.
I'm going to run you through those numbers. Seven eighteen.
Now there's been another setback, yet another one for the
largest mine in the country, largest gold mine, after battling
authorities over a native moth. This is McCrae's gold mine
in central Otago. It's now been told no on expansion
plans because of a lizard. Docs worried about ten thousand
(38:43):
lizards dying. Shane Jones is the Minister for Resources and with.
Speaker 9 (38:47):
Us Morning Shane Hey in Morning Folks.
Speaker 2 (38:50):
Scale of one to ten. How much is this annoying you?
Speaker 9 (38:54):
Oh? I like mate, this is getting into double figures
on nine hundred, could be up to a thousand jobs.
Flies in the face of what the Prime Minister has
asked as cabinet to deliver. We just had a major
investment seminar this year. People associated with the mining sector.
(39:14):
We're there. They loved what we had to say. We've
got quizzlings in the system who, in my view, are
catastrophizing and I don't even think they're telling the truth
about this application in terms of ten thousand lizards. And
what's the point of pushing a growth agenda if you've
got quizzlings that are actually making decisions which Cabinet doesn't
(39:38):
even know about until someone breaks wind in the public sector.
And that's why I'm taking the matter to cabinet because
I feel that i'mbecoming indistinguishable from Justinda Returns or listen
to carry on taking places.
Speaker 2 (39:53):
What's the deal with the lizards. Let's say that they're
right and we lose ten thousand lizards. Are the lizards extinct?
Speaker 9 (40:01):
These lizards are as common as acne on a teenager.
It's first thing. Secondly, they are scattered throughout the entirety
of Otago. Every time a farmer does something on his
or her land, they don't need a special wildlife permit.
This piece of legislation is actually older than my good self.
But the most important thing is does the public want
(40:24):
jobs in Otago? Does the public want seven hundred million
dollars worth of export revenue? I do, and of the
view that the decision makers in this case have just
taken the public for a ride. But more importantly, these
are companies that have been mining for thirty forty years.
(40:48):
This is not some fjordland Christine environment. This is already
compromised area. And all they wanted to do was move
some soil, move some rocks, change the top soil, get
a whole bunch of hairy legs. Melloy colic ecological people
picking up the lizards in front of a bulldoze. That
(41:08):
happens all the time. But no, no, these decision makers,
and understand that they're in dock, have decided they've got
more power than cabinet and they've got more power than
the Prime minis.
Speaker 2 (41:18):
Well they don't. So what are you going to do
about it?
Speaker 1 (41:21):
Oh?
Speaker 9 (41:21):
Well, you'll just have to wait and see. Oh no,
if I have my way, those jobs will be protected,
that revenue will grow, and we'll just have to deal
with the fact that we'll take care of what lizards
we can and those that get in the way. Sorry,
it's a trade off.
Speaker 2 (41:37):
So you'll go into are you going to override dock here?
And let mccraze just bulldoze over those lizards be common
as money.
Speaker 9 (41:46):
Sadly, I'm not the decision maker under the wildlife fact.
It's someone missled into the dock. So the CEO of
DOC and the CLEAR and the bureaucratic leaders of DOC
have to ask themselves, are you the reserve Bank? Do
you operate independent from the cabinet based government of New Zealand?
And if you do well, I might because he promised
(42:10):
that he would take care of this heresy within the bureaus.
Speaker 2 (42:12):
All I want to know is he actually going to
do something about it or just complain about it.
Speaker 9 (42:17):
I think Kewis know that muchI of Shane Jones stands
for mining, stands for economic development. In every other case,
I've actually done something about it. But I've got to
work with them. The collective responsibility because we're coalition and governed.
But I know I've got the majority of keys on
my side as I had them on my side here
in Sydney with my team from Queensland won the game.
Speaker 2 (42:38):
Congratulations Shane Jones, Minister for Resources. He is hoping he
does do something. Seven two.
Speaker 1 (42:46):
The Mike Asking Breakfast Full Show podcust on iHeartRadio powered
by News Talk.
Speaker 2 (42:52):
Deb heither we need more of Shane Jones. Hither I'd
vote for Shane Jones here to let me buy this
man dinner. Come to Queenstow, MARTSUA seven twenty five. Now,
hasn't the AI and Wimbledon drama taught us exactly the
same lesson we keep learning with technology and sport, which
is that technology is great if it doesn't disrupt the game.
(43:12):
And if that is the lesson that we keep learning,
why don't we just learn it already? Wimbledon, What's Happened?
Has not used AI properly. The first problem that it
had was that mister ball out by a foot. The
match got stopped. Everyone waited for four minutes. Yes, the
AI got it wrong, match resumed turned out someone turned
the AI off. Then we're at the quarter finals. AI
calls a ball out it's not out, it's a meter
(43:33):
inside the baseline. Match is stopped. Umpire calls the tech
people or whoever. Everyone waits, Yes, the ball was in.
After all match resumes. Turns out what happened was a
ball boy is crossing the net at exactly the moment
that the ball was moving, and the AI can't handle
two movements at the same time players across the waiting
has broken the game's momentum. The crowd is crossed. They
have paid to watch a game, not to sit around
(43:54):
waiting for tech to be checked. On the other side
of the world, which is here, we're having a similar
discussion again. We're complaining again about the TMO in last
weekend's test involving itself too much. Even Wayne Barnes, yes
Wayne Barnes, is complaining that TMO is ruining the continuity
of the game. Other sports have already learned this lesson right.
League has limited what the bunker can look at. Football
is thinking about limiting the var ice. Hockey has limited
(44:16):
the video review, same with volleyball. They all know what
Wimbledon hasn't quite managed to do and what Rugby seems
unable to accept, which is technology is great, but do
not let it disrupt the game. Don't let it keep
the fans waiting together.
Speaker 1 (44:31):
Do for sel Okay, here we go.
Speaker 2 (44:33):
GST, Heather, Nicholas should know it's a GST problem. Heather,
it is a GST problem. Nicholas should know. There's no food,
no GST on food in Australia. Here the butter doesn't
have gios GST in Australia. There's a fifteen percent difference
right there.
Speaker 9 (44:47):
Here.
Speaker 2 (44:47):
The butter is cheaper in Australia because they've not got it.
And so we all know this, right So I've done
the numbers for you. Haven't got time to run you
through the numbers right now, but i'll tell you what.
After the news, We're going to talk to Louise Upston
about what she's doing with the beneficiaries and getting them work,
and then I'm going to run you through the numbers
and you can decide whether Nikola has got a point
when it comes to what we are selling butter for
here and what coals are selling butter for in Australia.
(45:09):
Standby News togs Head b.
Speaker 1 (45:23):
Your source of breaking news, challenging opinion and honored facts.
Heather Dupice ellen On the Mic Hosking Breakfast with a Vita,
Retirement Communities, Life your Way, News, Togs dead b.
Speaker 2 (45:35):
Can you believe it? It is twenty years since outrageous
fortune hit our screens. So to mark that, we're going
to speak to Luretta west Akaa and Tony Apprebble after
eight o'clock. Here is your butter prices. So Woolworth's in
New Zealand is selling butter for it looks like eight
dollars fifty. And as the Finance Minister said before, Coals
in Australia is selling butter for seven dollars fifty. Why
(45:56):
on earth are they getting it cheaper than we are? Well,
couple of things. First of all, they don't pay any tax,
any VAT on their butter in Australia, so we do.
Of course, we pay fifteen PERCENTJST. So we'll take that
off for a straight comparison. Right, So Coal's are seven
dollars fifty, we take our GST off. Now we're paying
it will worth seven dollars forty. So who's getting it
(46:16):
cheaper now?
Speaker 6 (46:17):
Huh?
Speaker 2 (46:18):
Tax is the problem there. But then also don't forget
you have to adjust for currency. So now you adjust
for the Australian price. Coal's butter in New Zealand dollars
is now costing eight dollars twenty and the Woolworth's butter
in New Zealand is costing seven dollars forty straight comparison
with the tax off and with the currency in the
who's getting the better deal? Now we are seven dollars
(46:38):
forty versus their eight dollars twenty. Now you don't have
to call a meeting with Fonterra to ask how to
take off GST and how to do a currency adjustment?
Do you twenty two away from eight? You are kids
in something of a return to the old days. The
government is calling on beneficiaries to grab a shovel and
help clean up the Tasman and Mulborough flood damage. They're
going to be paid money on top of the doll
(46:59):
the whease upstin is the Social Development Minister.
Speaker 19 (47:02):
Highluiz, Good morning Heather, how are you?
Speaker 2 (47:04):
Oh well, thank you? How much you're paying?
Speaker 19 (47:07):
Well, this is a living wage and it's a really
great opportunity for job seekers to get in there and
roll their sleeves up and help in the local flood
recovery efforts.
Speaker 2 (47:16):
So is that topping the doll up to the minimum
wage or is that the minimum wage on top of
the doll.
Speaker 19 (47:21):
It's the minimum wage in total. And it's a really
great opportunity for those who are on job seeker benefit
who aren't working currently. They're readily available and can get
on and help the community with the really valuable clean
up project that's necessary.
Speaker 2 (47:36):
Are you offering this to people who are in the
region or people outside of the region as well?
Speaker 19 (47:41):
It's mainly in the region. We've got about six hundred
job seekers in the Tasman region, so we know there
are people available, but look, they're well that there may
also be people who are out of work, who are
not on benefit, who are available and interested in getting involved.
So that's why we put the word out. We gather
the truth and then get everybody underway to do that
(48:03):
really important cleanup on farms and rural areas and also
community facilities that have been damaged in the Tasman Marlborough area.
Speaker 2 (48:11):
And how many have taken you up on the offer, Well, there.
Speaker 19 (48:15):
Was good interest. As of yesterday, we're probably looking at
about three crews, so about thirty people is the initial estimate.
And I'm really confident we'll have no problem meeting that number.
Speaker 2 (48:26):
So you've had interest from thirty people or you need
thirty people.
Speaker 19 (48:29):
No. End of yesterday, we need about thirty people, so
we expect there'll be three crews. And there were about
ten people interested at the end of yesterday. I understand
ten people are and that was only within a number
of hours, a number of hours of putting the message out.
So the work brokers will now sort of get on
the phones, look at their suitable job seeker candidates and
(48:51):
connect them to those opportunities. What's really great is what
we've seen from the past events where this task Force
Green has been activated, that some of these jobs seekers
have gone into employment following these projects, which is great news.
That's the ultimate outcome.
Speaker 2 (49:09):
Okay, I mean so when I looked at this, this
is a fantastic idea and I completely love it. But
the problem that I can see is that it's going
to motivate the people who are already motivated, right and
they are going to get jobs anyway in the private
sector because they are motivated. What we really want to
do is get those really long term beneficiaries off the couch.
Are we seeing any sign that they are getting motivated
(49:30):
by it.
Speaker 19 (49:32):
Well, I think there's a range of people.
Speaker 6 (49:33):
There'll be people.
Speaker 19 (49:34):
Who, because of the economic circumstances we have right now,
are newly unemployed and really keen to get back into it.
There will be others that this type of clean up.
They're motivated actually to support their community, and that's something
that might mean that they're more interested in getting out
and doing work outside on farms that they might not otherwise.
(49:57):
So listen, I'm agnostic. We've got a large number of
people on benefit because we've got challenging economics circumstances. The
opportunity for them to get work experience, to do work
that's really valuable to the community is a win win
from my perspective.
Speaker 2 (50:12):
Okay, if this works, and if we do start to
see that there are people who we've had real trouble
getting off the doll suddenly getting off the doll because
this work is there and it's easy for them to
kind of transition to it. Whatever, whatever the reason, would
you roll this out wider than this and outside of
civil defense emergencies.
Speaker 19 (50:30):
It's not something I'm actively considering, but listen, I'm open
to suggestions about how we reduce the number of people
on the job seeker Benefit. Obviously, this takes a significant
amount of funding because it's fully paying a full time wage,
and as you would well know, the government's offers aren't
a bottomless pit. So we want to do what works,
(50:51):
and where there are things that work, we'll definitely look
at doing more of it.
Speaker 2 (50:55):
Would you ever look at compelling.
Speaker 7 (50:58):
Well.
Speaker 19 (50:58):
I think we've put a lot of lever in place
already around tightening up the work obligations and consequences when
people don't meet that. And because we know that ninety
eight percent are at green, the system's working really well.
Speaker 6 (51:12):
But look, if we get problems.
Speaker 19 (51:14):
Further down the line, I'll always look at other options
for how to support more people off welfare and into work.
Speaker 2 (51:21):
Louise, thanks very much, Louis Eupston, Minister for Social Development
and Employment. I'll talk about f one shortly. Good news
looks like we're going to save ourselves a little bit
of coin. I'm into that because one of the Justinda
movies has just been scrapped. This is the one called Manaiah,
not to be confused with the one called Prime Minister,
which is already out in cinemas and stuff like that.
Manaiah was going to part Mania. I did wonder why
(51:42):
it was called Maniah. Thanks, Sam's correcting my It's oh,
Justinda media. Sam's correcting me in my ear. To be
fair to myself, both Jinda and I go on holiday
at the same place that there is a cafe called Manaia,
and I thought, geez, we're drawing a long boat of
Manaiah the cafe. I mean, it's good, but okay, anyway,
would pay to re things properly, Mania, which makes a
lot more sense, was potentially going to draw two million
(52:04):
dollars from taxpayers, So it was eight hundred bucks of
taxpayer money that had already, by the looks of things,
been agreed to, and then a further one point two
million dollars through the government's screen production rebate scheme. They've
decided to scrap it because the other film is already out,
which they knew was going to happen anyway. But I'm
not gonna I'm not going to complain about it. At
least it's gone. I'm tossing up whether to give you
(52:25):
the other bit of just cinder news. I think we're
a bit just sinda heavy this week, but I think
we may have to at some stage. Trigger warning. Sixteen
away from eight.
Speaker 1 (52:33):
The Mike Asking Breakfast, a full show podcast on iHeartRadio
powered by News Talks at Me.
Speaker 2 (52:40):
Here the louise Eupston is dreaming people aren't going to
go out and work in the cold physically when they
can just sit at home. Well, this is the problem,
isn't it. Thirteen away from seven. Now have you heard
of the movie The Salt Path or even the book
of the Salt Path. The movie is out at the moment.
It's features Gillian Anderson and Jason Isaacs. Jason Isaacs as
the chap who got us out in White Lotus probably
(53:01):
most it's also Draco's dad in Harry Potter. Anyway, this
huge controversy about this at the moment because the film,
which is out at the moment and you can watch
it in New Zealand, is based on a book which
was supposed to be based on real life. But it
actually turns out after some journalists digging around, that this
is a croc and it has hit the UK hard
because they loved it in particular. So the original story
(53:23):
of the Salt Path. I'm going to tell you this
so that when you go watch the movie. It just
totally ruins the thing for you. It's written by a
woman called Rainal Winn and it's about how she and
her husband, who she calls Moth, have a die. He
has a diagnosis of a terminal illness. And then at
the same time they make a bad investment and that
gets called in and they lose their house in Wales
because of it, and so to heal themselves they set
(53:44):
off on this six hundred and thirty mile journey, journey
along the sea swept west coast path to heal themselves.
It's the Salt Path, and so she writes this book.
The book is published in twenty eighteen. It goes straight
to the top of the bestseller chart, sells more than
two million copies worldwide. Problem is, it appears none of
it is true. Their name, the journalist discovers, is it
(54:04):
not even their name is accurate, It's not when it's
actually Walker. She's Sally Walker, He's Tim Walker. He isn't
terminal le il, at least probably not terminal LEEL. He
has something called cortico basal degeneration CBD. You'll see if
you have that, the prognosis as you die within six
to eight years, and it's pretty debilitating as you kind
(54:25):
of move closer to death. He's had it for eighteen years.
Looks fine, no visible symptoms whatsoever. There was no bad investment. Actually.
What happened as she stole from her employer as much
as sixty sixty four thousand pounds or something. The employer
found out was going to press charges, but then she ran,
ran away, caught up with a random relative who paid
off the debts. Relatives secured it against their house. The loan.
(54:48):
She didn't pay it back in time, or they didn't
the debt got called in. That's why they lost their house.
They said they had nowhere else to go, which is
why they walked the sole path. That's bs as well.
Apparently they owned a second property in France, and it
looks along the way they've left all these little debts,
just people being paid, you being owed a few hundred
pounds here and there. Anyway. The publishing house, what's happened
overnight is the publishing house Penguin has finally responded to
(55:10):
the allegations which have been in an Observer article. They
say they've undertaken all necessary due diligence. They say they
have a contract with the author, which states that it's
factual accuracy. The author says the article is highly misleading,
But I mean, who are you going to believe a
published a published a published journalist or a published author
(55:31):
who has been busted potentially lying either way. Big trouble
potentially for the publishers, because in the past publishers who've
said that books are accurate and then it's been found
not to be the case have had to apologize, maybe
even issue a refund. So if you're not liking the book,
hold on to it. You might be able to get
your money back. T get away from it.
Speaker 1 (55:49):
Heather duper c Allen on the Mike Husking Breakfast with
Vida Retirement Communities News togs Head.
Speaker 2 (55:56):
B Heather, I saw the Salt Path movie and haven't
read the book, and it was so boring that probably
won't get a refound on the movie, but might have
on the book. Seeven Away from eight Now. Big news
from the IF one World Overnight read bull boss Christian
Horner has been sacked. He was, of course the one
who gave Liam Lawson the run around earlier this year.
Chris Midland is a Formula one journalist and is worth us.
Speaker 1 (56:16):
Morning, Chris morning, Hell, how are you doing?
Speaker 2 (56:19):
And well thank you? Any idea what's gone on here?
Speaker 20 (56:22):
Well, there's multiple reasons I think that could come into it.
None have been firmly given by Red Bull, and they've
been very quiet, both the parent company and the racing
team itself about any potential reasons. But if you look
over the last eighteen months, the team has certainly been
in decline in terms of its form on the track,
and Christian Horner's faced off track controversy in that time
(56:42):
as well. So in some ways you could see this
coming over that period, but in others it looked like
he'd written out the storm.
Speaker 2 (56:49):
Then it comes to the shop, it sounds like, at
least it's been reported that he had yet another argument
with Joss for steppin last weekend. Could that have been
the thing that has sort of been the moment that breaks.
Speaker 20 (57:01):
I don't think an argument with Jos would have been
the key to it in that sense, but I do
think concern over Max to Staffen's future could be central
to it, because, as I said, the form has not
been good for Red Bull, but the trend at least,
you know, Max did win the championship last year, but
he kind of linked to it with the car he
had in the second half of the season. Doesn't have
a card this year that he can fight for the
(57:21):
title with, and he's slipping back in contention as well
right now. Now he's looking at other options. He's got
brake clauses in his contract based on performance, and Red
Bull know that their biggest asset right now is Maxi
Staffan because they've lost a number of key team members
and they're not delivering the car for him, So to
lose him, it's kind of like what's their usp where's
their strength? And I think that panic is what may
(57:43):
have led to it. So the Rastapans also want to
see change, they want to see improvement and they weren't
getting it under Horn's leadership. So there's a chance that
there's an ultimatum there that's been rumored. But even if
there wasn't, I think just the ownership of the Red
Bull rating team looking at it and think something's got
to give.
Speaker 2 (58:00):
Does this change the outlook for Liam Lawson?
Speaker 20 (58:04):
I'd say no, based on I think Liam has eve
been having some good performances. More recently he had a
really good result in Austria just two weekends ago, but
he's back in the junior team for this year, which
is realistically where he probably should have been anyway for
his development. It would have been better if he'd had
a bit more stability to build experience, and if he
performs well within the team this year, then yes, he'll
(58:26):
have a better outlook moving forward, but that's all within him.
In the sense, Horner being at Red Bull or not
being at Red Bull didn't make a huge difference. Horner
had backed him and wanted him to be in that
seat at the start of the year, and then had
been there when they overturned that decision after just two races.
But Lauren Mechws, who has now gone in as THEEO
and team principal at Red Bull to replace Horner, was
the team principal at Racing Balls with Liam as well
(58:47):
and was a big fan of Liam. So I don't
think he's kind of lost any allies in that sense,
and it just comes down to what he can do
on track.
Speaker 2 (58:54):
Good stuff. Chris good to talk Chris Midland, Formula one
journalist and right. I do not have time right now
to talk about Goldra's government, but Golera's Gurriman does need
to be talked about. So why don't we shood you
all the time? Why don't we say before half past eight,
we're going to talk about Golera's government. And also at
some stag it feels like ladies of the left are
(59:14):
giving me trouble today. Also at some stage we are
going to deal with the last remaining piece of information
about j Just Sinda Adurn. You got the telly if
you if anywhere, No, never mind the telly. You don't
need the telling in your life. Telly's boring if you
if you do have a minute, just Google up for
me Donald Trump so you can see what's up with
Donald today. Donald is very orange. Donald has Donald has
(59:38):
gone to the spray tank clinic and he's gone up
a couple of shades, probably accidentally. It's it's more, it's
more noticeable than normal. You can see the goggle lines.
So just enjoy that outrageous fortune.
Speaker 1 (59:48):
Next, the News and the newsmakers Heather Duper see Ellen
on the Mike asking breakfast with the land Rover Discovery
never stop discovering news, Tom Stead, if you have watched
any New.
Speaker 2 (01:00:04):
Zealand tally in just the last couple of decades, seven
past that, by the way, then our next guest has
been a mainstay of viewing and Tonia Prebble, she just
had her twenties when she was cast in Outrageous Fortune,
became a household name. They are now celebrating the twentieth
anniversary of this show, plus the tenth anniversary of the
prequel series West Side. Antonia has since gone on to
(01:00:25):
do other things, and she's doing international productions, also running
a successful podcast, What Matters Most, and Antonia Prebble joins me.
Now morning Antonia, Good morning, pabatt. I can't believe it's
twenty years, can you?
Speaker 15 (01:00:37):
No? I really can't. And to know, the thing that
makes me feel the most weird inside my belly about
this is I just turned forty one, So I did it.
I started Outrageous when I was twenty and a half,
literally half my life ago. So when I think to
myself that I had the same amount of life pre
Outrageous Fortune as I have had post starting Outrageous Fortune,
(01:00:59):
I can't believe that. So it's the midpoint of my life.
Speaker 2 (01:01:03):
Is it overwhelming to think of that?
Speaker 15 (01:01:06):
It's not overwhelming. It just makes me feel very sort
of strange and a bit kind of queasy because the
first twenty years of my life, as I'm sure it
feels same for you, they were interminable, you know, the
growing up years, the going to high school for what
felt like in millionaires, and then the last two years
have just flown by. So yeah, I can't believe it.
Speaker 2 (01:01:23):
Yeah, which is kind of worrying because then you think, well,
what about the next forty years? And then you know
life is over?
Speaker 1 (01:01:28):
Do you know?
Speaker 6 (01:01:28):
Everyone?
Speaker 2 (01:01:29):
Yeah, do you ever go back and watch it?
Speaker 15 (01:01:33):
Do you know what? I don't intentionally go back and
watch it, and not for any specific reason. I actually
I do sometimes find watching the things I'm in difficult,
but now, because it was twenty years ago, there is
enough distance for me to be able to see it
with some objectivity. But I kind of just don't often
think too. You know, life's busy and there's lots of
current shows to watch. But there's been quite a few
(01:01:57):
posts on social media that I've been tagged in to
sell Clebrate this twenty years with various clips from the show,
and so I watched them whenever I'm tagged in them,
and I just get transported straight back to that time.
You know, the scene where Cheryl tells us we're going straight.
I remember, I remember shooting that scene. I remember the
direction that we were all being given by our director.
(01:02:17):
That there was such a visceral palpable time in my life.
So yeah, I just get transported back there. But I
have to say I really like it still, Like I think,
in its own way, it has stood the test of time.
Like it looks a bit dated because just you know,
cameras and lighting and everything was different. But I still
really enjoy the story. And the poem says, which is
(01:02:39):
really nice.
Speaker 2 (01:02:39):
Do you are you aware of how big that show was?
And I'm asking this because sometimes when you're doing something
and you're in the middle of it, you can't quite
appreciate what is actually happening to you. But with time,
have you come to realize how massive that show was
in this country?
Speaker 15 (01:02:54):
Yeah, it's such a good question, and it's so true
because when we started the show show i'd say season one,
season two, we had no idea really like we felt
on set collectively that there was kind of a bit
of a magic happening. There was a kind of this
electricity that was created that felt really special. But even
that's not a good litmus test because I've had that
(01:03:15):
feeling on other shows and then no one watches it
and it's not good or you don't think the show
is good, and then for some reason it really finds
an audience and is great. So we were having a
good time, but had no idea really if that would translate,
and I think we sort of squeaked in to get
funding for season two. I don't know how. I mean,
I think season one was well received but not crazy successful.
(01:03:35):
So it wasn't until about season three when we've got
renewed for like eighteen episodes, which was, you know, pretty
unheard of, and we started really getting stopped in the
street a lot more that we realized we were kind
of onto something. But I think in a way, I'm
sort of surprised every day, like it's now we're talking
about the show that we did twenty years ago, and
here we are talking about it, you know. So the
(01:03:57):
fact that the legacy has endured this long, I think
is still quite startling and so lovely, and I feel
so special to be part of a show that people
still want to talk about twenty years later.
Speaker 2 (01:04:07):
How do you feel about the state of local TV
at the moment. Is it sad to you that we
do not provide as much of it as we used to.
Speaker 15 (01:04:14):
Yeah, it's really sad. Yeah, I don't know many actors
or crew who are like having a good time at
the moment. Almost all of the people who I know
who work in the screen sector are struggling. And yeah,
it is just you know, put the post COVID issues,
America is having its own issues, which you know has
(01:04:35):
a flow on effect from here. So yeah, I do
think it's sad. It's a lot harder to get things funded,
particularly at a more premium level, without having international funding attached,
which is really hard to get. So yeah, it is sad.
I mean I try not to get to sort of
generally downhearted about things, because what's the point, you know,
then you're just sort of spend your life being miserable.
(01:04:56):
So I tried it, you know, be optimistic. But I
do have to say that I in my conversations with
my peers, there's no one sort of having the best
time at the moment.
Speaker 2 (01:05:05):
Yeah, she want to talk to you about this a
little bit more, antoniou, So we'll just take a break
and come back to It's twelve past eight.
Speaker 1 (01:05:11):
The mic asking breakfast full show podcast on iHeartRadio powered
by News Talks at B.
Speaker 2 (01:05:18):
It's eight fifteen back with Antonia Prebble of Outrageous Fortune. Antonio,
we still need to see ourselves on tally right as
a country. Right now, we're talking about the possibility that
even Shortland Street doesn't come back next year. How do
you see yourselves on tally in a small country like
New Zealand where everybody is subscribing to Disney and Amazon
and Netflix, how do you actually make sure that we
are on Tally?
Speaker 15 (01:05:38):
Well? I think we have to have government charters to
make sure that we do have enough funding to tell
our own stories. And other countries with similar populations, like Ireland,
do it really well. You know, they have an amazing
output of TV and they just really value the arts because,
as you say, they recognize the value of having their
store their own stories on screen. And I think that
(01:05:59):
was that kind of amazing thing about Outrageous is to
take it back to that is because it was sort
of one of the first times where we felt quite
like proud about seeing ourselves on screen. You know, we
have this huge cringe factor about tool Pobby syndrome in
New Zealand and when that show came on, which was celebrating,
and really it was celebrating. It was never poking fun
at a very specific part of our culture. I think
(01:06:22):
for the first time New Zealanders were like, we love
seeing we love us. No, we love hearing our voices.
So what a shame if we don't get that opportunity
anymore and across a diverse range of voices and a
diverse range of stories. Because yeah, I think it's a
it's such an important reflection of who we are to
sort of find out who we are, or to keep
(01:06:42):
learning and discovering who we are and moving forward as
a culture in a society. And that is gone. Yeah,
what are we left with just learning how to be Americans?
Speaker 2 (01:06:51):
Well exactly? Can I talk to you about after the party?
Because your husband was involved with that, right, yes he was. Okay,
that ending sucked?
Speaker 16 (01:06:59):
Did this.
Speaker 2 (01:07:02):
I loved that? Well, I say this, but I'm conflicted
when I say this came I loved it. I think
it is the best television that we have done out
of the country in a long time. But it was
to neat at the end. I hope this is not
a spoiler, but it's too neat at the end that
the bad guy dies.
Speaker 15 (01:07:18):
Yeah right, I yeah, fair enough. I didn't mind it.
I sort of felt like it was true to the
story and true to what the characters would have done.
And I also really liked the kind of synergy and
the parallels of what happened after the party and what
happened after the party party beginning end. So look, I
(01:07:40):
didn't mind it, but I hear I think that's that's
that's the Valot point of view. Look, I'll pass it
on to Dan. So look here, that's not heavy with
the ending. Okay, Well, when.
Speaker 2 (01:07:50):
You pass it on, though, make sure that you primarily
say she gives it like a strong nine out of ten.
And the only missing star is because he should have
suffered with everybody knowing what he did.
Speaker 15 (01:07:59):
Yeah, like suffered consciously rather than just dying.
Speaker 2 (01:08:03):
Yeah, it was it was an easy escape for him.
I've totally blown the ending for anybody who hasn't seen it.
By the way, I have heard, right because because because yeah,
your husband's involved in talias are you. I've heard that
you were involved some sort of an unnamed international production.
What's going on?
Speaker 15 (01:08:19):
Oh, yes, I'm something film, well, possibly the thing I'm
filming at the moment is that does that sound? Is it?
Speaker 2 (01:08:25):
Are we allowed to know about this or is it
a secret?
Speaker 15 (01:08:28):
Look? I think so, Like I'll just say tell me
get in trouble later. Yeah, it's a show called ms
X and it's it's plus six four which is a
New Zealand production company and copro with FPP. And then
they've got some American investment as well. And do you
know Melissa George Do you remember Melissa George Shell? She
(01:08:49):
stole my heart as an eight year old when she
played Angel and Home and Away, but she's gone on
to have a very illustrious career after that. So she's
the lead alongside Dino Gorman who and Simon Kessel And yeah,
I'm in it as well, and I just I play
I honestly either. I've had the most fun playing this character.
It's very different, in fact, could have been more opposite
(01:09:11):
to like Laretta West. Let's say. So, when it comes out,
I think people be like, oh, we've never quite seen
Antonio do a role like this, and it's been so fun.
I've almost I'm always finished. I've got a couple of
more days to go.
Speaker 2 (01:09:23):
But yes, so this is a New Zealand aszy production
is it.
Speaker 15 (01:09:26):
It's just a New Zealand production. But with American funding. Oh,
I see Oupacific Facts, Plastics four and then some American funds.
Speaker 2 (01:09:33):
Why are the Americans funding our shows? Why are they interested?
Speaker 15 (01:09:36):
Well, we have to have Americans or some other international
body funding our shows. Now, if you really want any
show that's at a premium level, anything over about three
million dollars, New Zealand Air just won't fund it anymore.
So you just have to go looking. And I think
international production companies or distribution companies they're looking for a
(01:09:58):
show that they think they can sell, they'll they'll make
money on, and they really like these scripts and really
like this idea, so so got.
Speaker 12 (01:10:04):
On board with it.
Speaker 2 (01:10:05):
Brilliant stuff. Now, Also, before I let you go, I
want to understand something because because you're a wedding celebrant,
and I'm noticing I've got a lot of friends in
the media who are wedding celebrants. You know, for example,
Matt maclain, who Maddie who? Does you know the heads
or whatever? What's up with all you guys becoming wedding celebrants.
Speaker 15 (01:10:22):
Oh that's funny. Well, I suppose it feels like a
bit more of a natural quite a natural fit for
the skills you already have, which is, you know, being
a communicator, being a presenter. The reason I got my
license was because some friends of my brothers actually wanted
to get married, and I thought, oh great, I'll do that.
And I think for like, for me, it's a really
(01:10:42):
lovely thing to do, but it also fits really well
around other work. So you know, you can just I
only do like a few a year, but it's a
lovely thing to do. And yeah, I think you know,
it fits fits quite well probably with people in this
industry and what they do.
Speaker 2 (01:10:55):
Probably it's the performance, isn't it. You're a performer and
then you're just a performer at somebody's wedding.
Speaker 15 (01:10:59):
You are, yeah, and you're connecting people and you're not.
It's about relationships and yeah, giving us sort of speech.
Speaker 14 (01:11:04):
Yeah, brilliant.
Speaker 2 (01:11:05):
Hey, it's been absolutely lovely to talk to you, Antonia.
I'm so pleased to hear that you're doing this wonderful
show and I can't wait for it to come out.
Thank you, Antonia Prebble of Outrageous Fortune. By the way, Antonia,
I told you at the start. Antonia Prebble's doing this podcast.
It's called What Matters Most, and basically she talks therapy
with her friend who's an expert in this, Jackie Maguire.
They're in their fourth season of it. Episode one of
(01:11:26):
What Matters Most comes out tomorrow. It's on perfectionism, which
is you'll know is a blessing and a curse. Perfectionism
makes you good at your job, but who It's exhausting,
isn't it if you start doing it on everything like
dinner prep?
Speaker 9 (01:11:40):
Anyway?
Speaker 2 (01:11:41):
Tune into that hate twenty one.
Speaker 1 (01:11:44):
Heather duplessy Ellen on the My casting Breakfast with the
land Rover Discovery News. Tom said, b.
Speaker 2 (01:11:51):
Heather, I'm told that the original ending of After the
Party left the viewer not knowing who was telling the truth?
Do you know, Justine, I've heard exactly the same thing,
and then it was written rewritten by the the last
minute or something like that. In a way, though I
thought about that, in a way, it was kind of
refreshing because it's the new thing, isn't it to sort
of leave you debating what really happened. It was quite
refreshing to just be told so I could just not
(01:12:11):
be emotionally vexed about it for days on end News
just out Hamas says it has agreed to release ten hostages.
Now I think there are only twenty still alive, so
that's fully half of them. This is at the ceasefire
talks and Qatar. They say it's really hard to reach truth.
They're blaming Israel's intransigence for that. It's eight twenty five. Now,
I said, we'll talk about Goleri's garment. So Goleris Garaman
(01:12:35):
has been accused by a restaurant on k Road in
Auckland of getting too boozed and behaving inappropriately. We don't
know what happened. The facts are scarce at the moment.
Right Golriz has given her version of events. She says
she and her friends, some incredible Mardi Pacifica and queer leaders.
She says, went to Otalia for a bottomless brunch, and
she says they got screwed over because the confirmation of
(01:12:58):
the bottomless brunch was hanceled midway through the brunch, which
you go, O, well, why would they do that. Well,
one of the owners of Italia has responded saying, actually,
look she got on the ras and misbehaved, so not
a lot of information, but I think if you piece
those two bits of information together, it sounds a little bit,
doesn't it Like Goldris and her mates went to a
bottomless brunch. It was going fine, but they went they
(01:13:20):
went large on the bottomless and at some point the
person must have come out and said, right, that's enough
bottomless for you, and that's what they're upset about. That's
just what I'm deducing from this. Anyway. Now, I suspect,
given that the Italia owner has not said a lot
or just left it at that, I suspect we may
never know what's happened here. But what I will say
(01:13:42):
about this is I think that Goldra's garament has behaved
in quite a stink way by bringing this to people's attention.
Because the only reason that we know about it is
because she went on her Instagram and posted do not
go to Aboutelier. Now here's the thing. The reason that
we're talking about this is because Goldri has a profile.
She has a profile because she was an MP. She
has just used that profile to crap on a business.
(01:14:05):
I think that's a really stinct thing to do. Look,
people in high profile positions, we all of us, everybody
out there in the world gets irritated by businesses, probably
on a daily basis. You know, you probably get irritated
a number of times. Some of them you feel really
screwed over by. You feel really upset about the way
that a business may have behaved or treated you. But
if you have a profile, you don't go out and
tell everybody about that and rubbish that business because I
(01:14:28):
don't know. It just feels really like, it feels like
punching down. That's what she's just done, isn't she punched down?
Not cool? In fact, I feel like just going there
to support them, just in case, just in case they
need it.
Speaker 15 (01:14:40):
Now.
Speaker 2 (01:14:40):
News is next, nod Live.
Speaker 1 (01:14:48):
The only report you need to start your day. Heather
duperic Ellen on the my casking Breakfast with Bailey's real
Estate altogether better across residential, commercial and rural news talks
head be.
Speaker 2 (01:15:00):
Look, this is a little bit on the boring side.
This is one for the politics nerds. But obviously the
next big thing that's going to be happening politically in
the country is the Tarmaki Makoto by election. Just interesting
to see whether it's going to be a contest between
the Marty Party and the Labor Party, and it's going
to be interesting to see who's got the upper hand here.
Is Labor, you know, getting back those seats or is
(01:15:20):
the Marty Party just going to whip them at the
next election. This will be kind of an indicator. Robert
Marty Party is going to meet tonight to decide who
they are going to run in the upper in the
by election or any Kaiperra who's the former broadcaster. She's
the one who's put her hand up, so probably going
to be her, But keep an eye on that. Twenty
two away.
Speaker 1 (01:15:38):
From nine International correspondence with ends and Eye Insurance Peace
of mind for New Zealand business.
Speaker 2 (01:15:45):
Rod little j Uk corresponding, how low to you, Rod?
Speaker 12 (01:15:47):
Good morning?
Speaker 2 (01:15:48):
How have those tax hikes gone down?
Speaker 12 (01:15:51):
It's not good. It's going to be a lot of
traction over here. It's because it's been both denied and
confirmed as it's ever the case that Labor intends in
the next budget to raise taxes somehow, and what the
left of the Labor Party is clamoring for is a
kind of wealth tax, a tax on money already earned,
(01:16:14):
which will merely hasten the flow of entrepreneurs, businessmen and
so on out of the country, which has already been
i think five times the number in the last twelve
months that were in the twelve months preceding it. So
there's real problems, and there's also problems on the other front,
you know, the secure Starma backed down to the rebels,
(01:16:37):
and Rachel Reeves' office is now saying that those rebels
have to own the problems with benefits because they didn't
vote in favor of the reforms. And you just think,
but you're a party with a government with a majority
of you know, one hundred and sixty one on earth?
(01:17:00):
Can he be in this position? So everything which Starma
does seems to deepen the hole he's digging for himself.
And still he has a spade in his hand, and
he intends to continue digging by the look of things.
Speaker 2 (01:17:14):
So there's a poll now which suggests about three quarters
of Britain's do not believe the promises not to do
anything with Texas. But that's probably the worst part of it,
isn't it. Rod When you say one thing and the
public group said it and said we don't believe you.
Speaker 12 (01:17:26):
Yes, that's right, and that's partly because the money has
to come from somewhere, and partly because Labour has gone
back on so many promises over the last twelve to
fifteen months before they were in power and just after
they were in power. It's changed his mind on so
many things that you just cannot trust a single thing
when they say and as you rightly point out, you know,
(01:17:48):
seventy five percent just don't believe a word they say
on anything.
Speaker 2 (01:17:51):
So Lord Norman Tibett has died. I see. He's been
described as a man of courage who spoke his mind.
Is that how you remember him?
Speaker 6 (01:17:59):
Yeah.
Speaker 12 (01:18:00):
Difficult man and a very harshly spoken man and one
of the main weapons in Margaret Sachi's armory when she
was taking on the unions between nineteen seventy nine and
nineteen eighty nine, but had an enormous populist touch. He
kind of in a way foreshadowed some of the populist
the right wing populists which we're seeing around today. He
(01:18:24):
wrote me, Actually I met him a few times. He
wrote me one of the best letters I've ever received
in my life, which was I wrote to him when
I was at the Today program working for the BBC.
We were talking to various senior politicians and asking how
they're related to religion, whether they believed in heaven, whether
they believed in hell, and so on. And I've got
a message a letter back from Norman saying, dear little
(01:18:46):
I don't know if there is a hell or not,
but if there is, you will burn in it forever
yours tebit which cheered me up more than I can
possibly say. And he was very much like that in
the House of Commons when one MP who just had
a heart attack was becoming very overwrought in the speech,
he said, yeah, you'll have another heart attack in a minute.
(01:19:07):
He was rightly under the nickname a semi house trained polecat,
which is what Michael Cook called him.
Speaker 2 (01:19:15):
Brilliant. Now UK and France have had this meeting right
about the migrant work, the migrants coming over in the
small boats. Have they actually agreed to do anything or
just agreed that something needs to be done.
Speaker 12 (01:19:26):
They've definitely agreed that something needs to be done. Nobody's
terribly happy about the one in one out idea of
Starmer's and Macron. Emmanuel Macron, a CUNEI operator as ever,
is determined to ring from Britain whatever publicity and triumphs
he can in order to bolster his own domestics, standing
(01:19:49):
at the expense of the expensive clear starmer. So it's
not been easy. He's been given the full panopy of
British regal adoration, you know, and mixing with royalty wonderful
suppers sitting next to the King. Whether that means a
(01:20:12):
single asylum seeker will be sent back to France, there's
something we all look forward to watching out for.
Speaker 2 (01:20:18):
Rod, Thanks very much, enjoy the rest of the evening,
Rod Little, UK correspondent kell do see Allen, Hey, I
was wondering, probably like many people, why those West African
leaders were going to meet Trump at the White House,
why he'd invited them they were hoping to be offered
incredible trade deals seemed unlikely. All street journals reporting the
White Houses pushing them to accept migrants deported by the
(01:20:39):
US and a kind of rewander deal be interesting to
see now. As you can imagine, Australia is currently obsessed
with death cat mushies. Everybody's freaking out about possibly foraging
for them and eating the wrong ones. Chaps popped up
to tell his story of surviving after eating three of
them back in nineteen ninety eight because he was walking along,
saw them under the oak tree, kick them over, thought, oh,
they'd be nice on the spag bowl, took them home,
(01:21:00):
sliced them, chucked them on top ate them. Tasted like tripe,
which probably was the point at which I would have
pulled out. But he carried on. He was fine. He
was fine the next morning when he woke up cycle
to work.
Speaker 6 (01:21:11):
Fine.
Speaker 2 (01:21:11):
Nick three o'clock in the afternoon, the diarrhea started. No spewing,
no pain, just that, but waves of nausea and again
just kept going on and on and on. Eventually wife
said to him, by the way, of course, because it's
a wife. Wives always no says mushrooms you eaten? Anyway,
the friend came around, who's a doctor to check on him?
Wife must have shown him the mushies. Doctor took one
(01:21:32):
look at them, rushed the chap to hospital. No pain,
so put him anyway because now they're worried, right, check
them in the air ambulance. Rush him to a bigger hospital.
Give him an intravenous infusion of penicillin. This is one
thing that they try for the toxins and the death
cap mushies. They're not sure how it works, but they
think the antibiotic cuts the uptake of the poison into
the liver. No one's really sure anyway, starts to drift
(01:21:54):
in and out of consciousness as vision is narrowing. He's
in a dark tunnel, no pain. Still looks at a
chart sitting when he's awake, looks at a chuck Siel
says that line's going up. That's not a good thing.
Dead in two days, he thinks I'm gonna die. Then
he survives. He doesn't know why he survives. One of
them can kill you, three of them is.
Speaker 16 (01:22:11):
What he ate.
Speaker 2 (01:22:11):
But he did survive, So hope. Just look, first of all,
there is hope for all of us. Second of all,
I think the lesson we've learned is do not pick
the mushrooms up off the ground if you don't absolutely
know what they are, absolutely absolutely Sixteen away from nine
the Mike.
Speaker 1 (01:22:25):
Asking Breakfast Full Show podcast on iHeartRadio powered by News
Talks at.
Speaker 2 (01:22:30):
B It is twelve away from nine. News out of
the UK which has just come through is that Sir
Jake Berry, who's the former chair of the Conservative Party,
has just affected to reform. Now. This is fascinating if
you've been following UK politics you know that reformers on
the app and up and people are talking about the
realistic possibility now that Nigel Farage may end up at
(01:22:52):
some point as the Prime Minister of the UK. And
I tell you what, I am here for this, not necessarily.
I'm not saying that I think Nigel Farage is a
fantastic for the UK. I'm just all of my life,
in fact, probably all of your, all of our lives.
I don't think there's anybody alive right now who hasn't
lived through a stable period of politics. Right We've had
(01:23:13):
the same parties all around the world basically contesting the
same elections. It's been the Democrats and the Republics and
Republicans in the States, Labor and National and New Zealand,
with some bits and pieces hanging on. You know, the UK,
it's the Tories and lah blah blah blah blah. It's
all very much the same thing. And for the first
time really in our lives, we are seeing the up
(01:23:34):
ending of this and the possibility that we're actually having
a proper, a proper shakeup of this, and things fundamentally
changed and it really started. I mean, it's not a
surprise it started with Donald Trump back in twenty sixteen.
But what an exciting time to be alive with the
possibility that you have an old Nigel Farage in charge
of the UK. Anyway, keep an eye on that. Actually
did mean to mention this, and I've kind of been
(01:23:54):
putting it off because I'm frankly sick of talking about
Justina at the moment. It's been overload. But we should,
we should deal with this as a significant Jacinda is
apparently happy to come back to well, no, let's be accurate,
is happy to give evidence to the COVID inquiry if
she's asked. A spokesperson has released a statement saying we
are in discussions about the best way for this to occur.
(01:24:17):
She is happy for the Commission to access her previous
testimony from the first stage of the Commission of Inquiry.
Now at that point, having read the statement, I went, oh,
is she though, because that sounds to me like she's
trying to make it look like she's happy to participate,
when really she is happy for the Commission to access
her previous testimy from the first stage of the Commission
(01:24:39):
of Inquiry. The only reason that that is in the
statement is because that's what they would prefer. They would
much prefer by the sounds of the statement, just to
read of the statement, much preferred just to have them
go yeah.
Speaker 15 (01:24:49):
No.
Speaker 2 (01:24:49):
She said some other stuff to the other inquiry, which
actually was a crap inquiry, which was so crap we
had to set up a second inquiry. But if you
go and have a look at the first inquiry, she
said everything she wants to say. That doesn't sound to
me like Gisinda wants to participate. The more that I
think about this, and the more that I hear from
from you know, that kind of a statement, the more
I'm like pusher to participate. Ten away from nine.
Speaker 1 (01:25:10):
Heather duper c Allen on the mic Hosking Breakfast with
Bailey's Real Estate News Togs.
Speaker 2 (01:25:15):
Then they while I've got time, I could not possibly
let the day go by without giving a shout out
to the White Cuttle Regional Council. By the way, my
legends of the day, they have cut their ties with
local government New Zealand, which is a completely useless organization.
In fact, it's worse than useless. I think I think
that I think local government New Zealand is worse than
useless and actually useless is not is just not really
(01:25:36):
changing things. Local government New Zealand actively tries to make
it worse. They wouldn't think that, I think that, but
they're active at it. You know, useless is kind of
an active They're more active than that. Anyway, Whitecattle Regional
Council had a vote. They've decided. It was pretty tight.
I think it was like six five and somebody had
abstained in order to get so. I think controversial may
get flipped yet, but anyway, they they had a vote
(01:26:01):
on it and they've decided that they're going to leave
local government New Zealand, basically because the Strategy and Policy
Committee chairperson Warren Maher nailed it saying we do not
believe the expense of one hundred and twenty two thousand
dollars every year was justified and the current tough cost
of living environment. Every time the government puts something out,
Algae and Z seemed to take the road against it
and want to slap it down. Anyway, it's stink for
(01:26:23):
Algae and Zed stinc times for them because there's a
growing list of councils who've left in the last two years.
Auckland City, christ Church City, Western Bay of Plenty District Council,
West Coast Regional Council and I now Wycuttle and may
that list grow six away from nine.
Speaker 1 (01:26:39):
Trending Now us Warehouse your home of winter assentials.
Speaker 2 (01:26:44):
Now if you're the kind of person who likes to
own the most expensive phone on the market, Oh have
I got a Samsung Unpacked event for you. Just a
few hours ago, Samsung launched its latest range of Galaxies,
Z fold and z Flip phones and some smart new
What News Art watches as well. The z Flip eight
is the smaller one that opens like a clamshell. That's
(01:27:05):
exciting because Samsung has realized that people want to use
the whole scream on the screen on the outside. And
also this year there is a cheaper fan edition, or
what they're calling an FE version. Bit controversial because all
this year's Galaxy Watch is a squirkle shaped squirkle is
not a square, and it is not a circle. It's
a squirkle. It's a rounded square, but also quite a
(01:27:27):
rounded not just a standard route. It's quite rounded anyway.
At least though on the bright side, they've brought back
the rotating bezel on the Galaxy Watch eight because people
love a rotating bezel. But yes, then we come to
the granddaddy of all of them, which is the Galaxy
Z Fold seven.
Speaker 16 (01:27:43):
These Bourds are setting a new bar and taking party
phone experiences to another dimension with our most poper transformative pad.
Galaxy AI translates your word into actions, and our latest
(01:28:04):
camera sees, understands and lisponds to you. Now the ultra
experience is ready to.
Speaker 2 (01:28:14):
Unfold unfold as play on words.
Speaker 12 (01:28:18):
Ah.
Speaker 2 (01:28:18):
So this is the one that looks kind of like
a normal phone until you on unfold it and then
it opens like a book and it's basically a full
size eight inch tablet. This year, that screen is the
biggest yet, the processor is the most powerful yet, the
whole thing is the thinnest fold yet. It's finally got
a really good camera on it as well, which is
just as well because it is not cheap. The watches,
the Flips, and the Folds seven are now all available
(01:28:40):
for pre order. The top of the line Folds seven
with one terabyte of storage is going to set you
back a cool four one hundred dollars. Technically it's four
thy ninety nine, but let's not squibble about one dollar.
Let's squabble about it, right, Let's just be honest. It's
four thousand, one hundred dollars for a phone that you
could drop down the toilet, leave on the plane. I
(01:29:04):
don't know about you. I don't want to be stressing
out that much about a piece of equipment. But if
you've got the money, it's really thin though, makes it
more likely it falls out of your pocket. It's so thin.
It is fantastic if you want to, if you want to.
It's a weird world that we live in where we
try to get as little out of our money as possible,
you know, spend as much money as you can get
the tiniest thing possible.
Speaker 1 (01:29:25):
But do you have it? Is this it?
Speaker 15 (01:29:27):
Sharon? Is it it hearing?
Speaker 16 (01:29:32):
Yes?
Speaker 2 (01:29:33):
It is Ed Sharance got into painting.
Speaker 1 (01:29:35):
In fact, you didn't know.
Speaker 2 (01:29:37):
It looks like Jason Pollock stuff.
Speaker 15 (01:29:38):
Go look it up.
Speaker 2 (01:29:39):
Have a lovely day, See you tomorrow.
Speaker 1 (01:29:50):
For more from the Mic Asking Breakfast, listen live to
news talks. It'd be from six am weekdays, or follow
the podcast on iHeartRadio.