Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
New Zealand's home for trusted news and views, the mic
asking breakfast with the range Rover villa designed to intrigue
and use togs Edv'm.
Speaker 2 (00:10):
Welcome today, good news on our kids. We've got also
good news on our schools. Andre Heigardner says, hipin Taupo
with the Supercower in town Tariff Carnage coverage for you,
of course, typicating to the week. Richard Arnold on the
stage Murray holds on the election campaign trail in Australia,
asking welcome to this Friday morning, seven past six. Question
for you?
Speaker 3 (00:28):
Is it gaul?
Speaker 2 (00:29):
Is it a cheek? Is it comedic? The White Tangy
Tribunal has been reviewed and the reviewers out it recommends
it needs more people and more money. It is, says
the review strained. They are, of course technically corrected. Is straining.
The White Tangy Tribunal is busy. It is busy with
urgent and we use that word loosely with any number
of gripes and grievances around the general state and status
(00:49):
of Murray, or more accurately, a small selection of Murray
who have seen for years, nay decades now the Tribunal
is an almost endless source of respite in the never
ending list of grievances. This is a classic make work program.
Puff your chested out, inflation your sense of importance, of
self importance, busy yourself with a myriad of invented tasks,
and then in the review, guess what, You're overworked and
(01:12):
under resourced. The government is going to do something about this,
apparently allegedly, and unfortunately for people like me, they're not
moving nearly fast enough. The Tribunal, as we have said
a number of times, is well past its useful life.
The idea that it addressed historic wrongs has come and gone.
Deadlines should have been placed years ago on those wanting
to argue their case, expiry dates on applications and negotiations.
All governments have failed miserably to this point on the
(01:35):
discipline required in that particular area. But now it's down
to ongoing dabbling in matters of the day that carry
no weight and have a growing amount of political agitation
about them. It's simply a jacked up grievance mechanism funded
by the taxpayer to supply mo to the gravy chainers
for an ongoing if never ending list of woe. It
takes a gaul in a broke country, verd a thought
(01:55):
with cutbacks all around you to then go and ask
for yet more resource. But then that's the tribunal, isn't it? Political?
Wasteful past is used by date and cleanly.
Speaker 1 (02:03):
Arrogant wow news of the world in ninety seconds.
Speaker 2 (02:08):
I wore update Trump's work China again. But the EU
has played the ninety day game.
Speaker 4 (02:13):
If negotiations are not satisfactory, our cultter measures wildcake. In
preparatory work on further culter measures continues. As I've said before,
all options remain on the table.
Speaker 2 (02:24):
So key, you are still wandering around working out what
to say.
Speaker 5 (02:26):
I don't think this is a passing phase. I think
we're living in a changing world. How for defense and security,
we've already recognized that over recent months, which is why
we increase defense spending. We now need to do the
same on trade in the economy.
Speaker 2 (02:40):
If you haven't checked, don't the markets are back tanking.
Speaker 6 (02:43):
We're going to find out pretty quickly what were your
price elasticity of demand sets. Namely, okay, you tried to
pass through TERRORFF incremental tariff costs. How much is your
end customer willing to bear.
Speaker 2 (02:56):
Not a bad question, Janet Yell, and who wants around
the feed? Then crunch of the number for Biden has
worked out what all this is going to cost your
average American.
Speaker 7 (03:03):
Well leicster me that came out this morning that takes
into account yesterday's actions estimates us to the typical American
household of the existing tariffs of about four thousand dollars.
Speaker 2 (03:18):
Oh that's okay, then bin update from Birmingham new deals
on the table.
Speaker 8 (03:22):
There is a significantly improved offer on the table for
the workers and Emerging Unite to suspend their action and
to accept that offer.
Speaker 2 (03:30):
And Andrew Tait, who we still think is in Romania anyway,
he's got court trouble, more court trouble. The allegations are ugly.
Speaker 9 (03:36):
All four of the women claim that Tate strangled them
during sex. Two of them say strangled to the point
of asphyxia, in which blood vessels in their eyes.
Speaker 2 (03:49):
First, finally, in fashion used Prada the structed deals to
buy the Sarci from Capri Holdings. How much two point
four billion Trada was looking to expand has lost money.
The last couple of the court has done at telewalked
away of course last month. It looks cheap because Capri,
which was previously known as Michael Cors, paid three point
seven billion back in twenty eighteen. The plan is to
(04:11):
take on LBMH, of which Lewis the time, of course
is a punt. News of the World ae way in
marty three this morning year just an update. The inflation
read in America was that good, quite good, fell seasonally
adjusted zero point one for the month twelve month at
two point four, down from two point eight, cause at
two point eight, So they seem reasonably happy at that.
Not that the market's listening to any of that. At
(04:33):
the moment, Trump went one forty five, one hundred and
forty five percent and counting on China. Eleven past six, the.
Speaker 1 (04:44):
Mike Hosking Breakfast Full Show podcast on iHeartRadio ow it
By News talks eppy.
Speaker 2 (04:52):
Just for those who were still waiting under the misapprehension
that somehow the tariffs aren't going to be passed on
to people. The Amazon boss Andy Jesse has said we're
going to be passing on the cost to consumers. So
I would have thought that settles at fourteen past six.
We will, of course with all these numbers. That is
why we have from j m I Well, Hedri Kelloho.
Welcome to Friday, Good body, Mike. Before we get there,
(05:14):
let's talk about the trichometer, because we do love the
light and heavy Trichometer.
Speaker 10 (05:20):
Yeah. What a week.
Speaker 8 (05:20):
Hey, it's on the one hand, it's been fascinating. On
the other hand, it's pretty exhausting. But I thought after
the monumental international ructions we've seen this week.
Speaker 10 (05:28):
We would look at a humble piece of local high
frequency data MIC.
Speaker 8 (05:32):
So yes, the Ainsent Tracometer Light Traffic Index that's our
lends into the state of demand in New Zealand. Still
a relatively flat trend, suggesting no real pickup yet in
demand in New Zealand up zero point one percent in March,
down zero point four percent year on year. That tends
to give us a six month read on momentum in
the economy, so it's suggesting it's going to be a
little while before we see any marked improve into economic activity.
(05:55):
Heavy Traffic Index am Z believe this index gives.
Speaker 10 (05:58):
A good stare on production.
Speaker 8 (05:59):
Gen fell two point one percent in March, but there's
always lots of month and month volatility here.
Speaker 10 (06:04):
Mike it's up two point three percent.
Speaker 8 (06:06):
Year on the are not really seeing any of these
heavy green shoots and these numbers just.
Speaker 2 (06:11):
Yet, Okay, and then we come to where we can't
avoid the tarift. So we had yelling on just a
couple of moments, and she's put it at four and
a half five thousand dollars. So the material the real
world impact for your average American.
Speaker 10 (06:23):
Yeah, I sort of wanted to talk it out of
you on the tariffs.
Speaker 8 (06:25):
It's being informed really by those regular news stories of
the White House, you know, the press secretary sort of
ranting at reporters or the share market reactions. But what's
happening in mainstream America where the Trump's body of support,
his core body support. Well, Mike, here's an anecdote. Here's
an example. You may recall last November. I spent Thanksgiving
in South Carolina, and yeah, in a little town called Spartanburg,
(06:47):
lovely little town, Bible Belt faith, family football, but on
the outskirts of Spartanburg. Mike is a massive BMW plant.
It's one of the biggest in the world outside of Europe,
maybe the biggest. It's a major production side for a
whole bunch of BMW models. They produce fifteen hundred vehicles
a day. The closest towns of Spartanburg and Greenville. Roughly
(07:08):
one hundred and ten thousand people in those two towns,
As I said, massive Trump support. Think sixty sixty percent
plus for Trump there. That plant employs eleven thousand people
directly twenty three thousand people including contractors. Now White House
advisor Peter Navara called this plant out.
Speaker 10 (07:26):
Specifically, he said.
Speaker 8 (07:29):
The business model where BMW and Mercedes come into Spartanburg,
South Carolina and have us assemble German engines and Austrian transmissions,
that doesn't work for America. Well, Mike, the pushback has
been stern, it's been forceful. It's coming from local media,
local government's, local businesses.
Speaker 10 (07:46):
Because here's the facts.
Speaker 8 (07:48):
Yeah, they do take engines from Austria and England, transmissions
from Germany. But three hundred other supplies to that plant
are in America, and they have what they call Tier one.
They're the most important of those are in.
Speaker 10 (08:00):
South Carolina itself.
Speaker 8 (08:01):
The annual economic impact to the local economy just to
shade under twenty seven billion US dollars. And here's the
complex nature of global supply chains bike. That plant exports
more than ten billion dollars worth of cars back to Europe,
back to South Korea, back to China. This is core
Trump support. If this plant is inevitably affected by punitive tariffs,
(08:26):
it is a huge blow, a huge economic blow to
upstate South Carolina. So there's no way you can easily
onshore production of those important parts.
Speaker 10 (08:34):
It would take years. So it's hard to see, Mike,
how this.
Speaker 8 (08:37):
Tariff policy, if it's pursued vigorously being helpful to the Republican,
to a Republican cause, Trump supporting places like this could
be absolutely savage.
Speaker 2 (08:46):
Exactly. This is the logic to it. Now, talk to
me about the treasury, the bonds, the market. I gave
the CPI numbers. So where are we at with all
of that? Because the markets are back down this morning, there's.
Speaker 8 (08:58):
More volatility after that massa of rally, the US market
giving up some of those gains. And it looks like, Mike,
the pressure in the it appears in the last twenty
four hours you had pressure from business leaders and the
extent of the marker reaction really did push Trump into
walking back some of that implementation. Other was he blinked.
The interesting part of this is the role of the
bond market. Trump does repeatedly refer to the treasury market.
(09:21):
It's a barometer of boring, and that tenure treasury has
been whipsawing everywhere four point eight to the top side,
three point nine to the downside. After he announced those tariffs,
that rate.
Speaker 10 (09:30):
Started to go up.
Speaker 8 (09:32):
That looks like it is a key point of concern
for the Trump administration. And yes, even though he's walked
back those tariffs, they're still there. Mic And on China
it's massive. Exactly, our Jones now down one thousand, two
hundred and thirty nine points. It is about three percent
thirty nine thousand, three hundred and sixty seven. The S
and P five hundred, it's down three percent one hundred
(09:52):
and sixty nine points, five thy two hundred and eighty eight,
and the nasdack down just to shade under five percent.
Speaker 10 (09:58):
That's about eight hundred and ten en points sixteen thousand,
three hundred and twelve. So all over the shop, Europe
rallied last night.
Speaker 8 (10:05):
The footsay one hundred was up three percent seven nine
one three. The NIKEE got this nicky is not for
the faint hearted. It was up nine percent last night,
up two thousand, eight hundred and ninety five points thirty
four thousand, six hundred and nine. The Shanghai compost up
on one point one six percent.
Speaker 10 (10:21):
Three two two three. The Aussi's they gained four and
a half percent.
Speaker 8 (10:25):
Big day there is today up three hundred and thirty
five points seven thousand, seven hundred and nine and the
ins next fifty up three point three percent twelve thousand,
two hundred and one. Kiwi dollar much stronger this morning.
US dollar is weaker point five seven three seven, the
Aussie point nine two three eight point five one two
to one against the Euro point four four to two
seven pounds eighty two point twenty nine. Japanese yen gold
(10:46):
has surged into the weekend three thousand, one hundred and
sixty three dollars Brent crude though sixty two dollars and
seventy cents. Everything, Mike is all over the place, and
we will see you next week. Appreciate it very much.
Andrew kellerhat jmiwealth dot co dot m Z watching New
York or Manhattan Upper in real estate the other day
was booming, So I found you a little house of
here in the market. It's at one eleventh West fifty
(11:09):
seventh Street. You will get the eighty through eighty third floor,
so eighty eighty one, eighty two, and eighty three. It's
twelve hundred square meters an additional six hundred square meters
of terraces. You'll get views everywhere, Central Park, the East
Hudson River, the skyline. You've got a great room, you've
got an entertaining suite, a dining room, a library, a study,
(11:29):
a wet bar, a sunset lounge, elevators. Obviously one hundred
and ninety seven million dollars just listed this week.
Speaker 2 (11:37):
If you're interested in six twenty one, you're at Newstalks B.
Speaker 1 (11:46):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News TALKSB.
Speaker 2 (11:53):
I was asking this time yesterday with a telling people
it's a good time to buy, as Trump did, whether
that might be on the sort of illegal side of
the legal illegal question anyway. They've responded that this morning.
I don't have an answer, and this isn't one of them.
This is just more waffle. But it is the responsibility
quote unquote, it is the responsibility of the president of
the United States to reassure the markets and Americans about
their economic security in the face of non stop media fearmongering.
(12:15):
Democrats rallied against China's cheating for decades, and now they're
playing parties and games instead of celebrating President Trump's decisive
action yesterday to finally cornered China, whatever that may mean
or not. Mike, do you think the Mowbrays will be panicking?
Their toys will be bloody expensive in the US now
if you want to look at the Mowbras and Zuru.
I think it was Nick who was talking in the
Herald the other day, just a couple of days ago.
(12:36):
Look it up in the Herald. He had some very
interesting things to say. T D what is it? Twenty
five past six?
Speaker 1 (12:41):
Trending now with chemist Wells keeping Kiwi's healthy all year round.
Speaker 2 (12:46):
Jessie Waters of Fox Fame appears to be the number
one trending thing on the socials this morning. He was
getting grief for suggesting defending tariffs was a way of
making you appear more masculine.
Speaker 11 (12:54):
When you set behind a screen all day, it makes
you a woman.
Speaker 12 (12:58):
Studies have trainness.
Speaker 11 (13:00):
I'm showing this and if you're working like you are
around other guys. You're not around hr ladies and lawyers.
What do you give you estrogen?
Speaker 3 (13:07):
What do you have to finish?
Speaker 10 (13:09):
Judge?
Speaker 2 (13:09):
You said this superier being the US today a problem
as to how to cover the tear of pools, because
that's been the whole week of cools defending them. He
is the fellow hous Jessica tale.
Speaker 13 (13:20):
Truth is that the White House capitulated. We still have
tons of tariffs on. They still don't make any sense.
But what always sticks out to me when we go
on this trumpy and merry go round is the ritualistic
humiliation that he subjects the people who work for him to.
So Bestin says this was the plan all along. So
(13:40):
you were okay then with being made out to be
a complete liar, Caroline Levitt calling fake news fake news.
As recently as yesterday Lutnik, he was on with you
multiple times it felt like or it was the world's
longest interview talking about how this isn't a joke.
Speaker 2 (13:54):
But the hell on that sounds all very democratic, doesn't it.
Speaker 13 (13:57):
Obviously the market had to do it, at the bond
market particular, once Japan started selling them off. And did
you know earlier this afternoon that Greek bonds were a
safer investment than US thirty years. Can you believe that
the Greek good?
Speaker 11 (14:10):
But you don't even know what you're talking about. You
don't even know what a bond is now, Judge in
it keeps on saying that Trump caved. How is this
a cave if you got seventy five nations to get
to the negotiating table and redo their tariffs against the
United States.
Speaker 2 (14:27):
So that's gone off? Because he was man explaining, is
that what has happened there? That's not a program called
The Five, which is remarkably popular. It's literally, if you've
never seen it, five people sitting around a table just
doing that every day for an hour, and it's the
second highest rating program on Fox, which would make it
the second highest rating program on cable news in America.
(14:48):
Should we check another four people in there with you? Well,
I was going to say, I think we've got the
seat of a plan here. Well there's you. I'll count you.
You're a half person, So we got one and a halfway.
I need another three and a half for goodness sake,
news for you in a couple of moments. Then I
start my campaign of good news. Today, we'll start with
the kids of this country.
Speaker 1 (15:04):
That's next, setting the agenda and talking the big issues.
The Mic Hosking Breakfast with Bailey's real Estate, your local
experts across residential, commercial and rural news.
Speaker 2 (15:17):
Tomstad Be Mike of China started selling US bonds, they
would pull the US down fast. A couple of quick
things about that one. We don't know they weren't doing
it because there was some major action yesterday. That spot
spook Trump. It's basically why he freaked out yesterday, So
it was possible they were in play there. I gave
you the numbers yesterday on the housing The amount of
(15:37):
debt that China carries in for American debt is astonishing
and they could wreck America in a fairly fast fashion.
If you want to know more about this, to understand
what's going on, because ultimately it affects every single one
of us. There's a reprinted piece from the Post, the
Washington Post in yesterday's Herald that explains the bond market
very well. Twenty three to seven, speaks to which Richard
(15:59):
Ahl is standing. We've got a couple of things going
on to the taxi gender the other of courses, the tariffs.
I meantime, back here, our Children's Commissioner has produced three
new reports looking at the well being of our kids.
We've got some good news. School attendance is up, we've
got more people into preschool, youth offending us down, and
generally we're seeing less smoking and drinking among our kids,
all of which I would have thoughts positive, Chief Children's Commissioner,
(16:20):
Clear outmates back with us? Clear, good morning, Good.
Speaker 14 (16:23):
Morning, Mike.
Speaker 2 (16:24):
Are you broadly happy with us?
Speaker 15 (16:27):
Looks like you said, there are some positive things in
this new report which has been released by the government
about how children are doing in this country, the things
that you mentioned just there. I am pleased to see
that we are making some improvements.
Speaker 14 (16:43):
However, what this.
Speaker 15 (16:45):
Report also shows is that on some of the absolute basics,
we are still completely dropping the ball for children. And
I'm really concerned about this, and I do want to
see the government stepping up with urgency to a more
central focus on children and how they're doing in this country.
Speaker 2 (17:04):
The main benefit thing that you talk about, in other words,
there are more kids who are reliant on a main
benefit from their parents is that the recent job layoffs.
Thing that will flush through presumably the economy grows.
Speaker 15 (17:17):
Just to be clear again, Mike, this is an annual
report of official data that the government has published. I
haven't published it. But what I look at is the
Children's Commissioner is I take an independent look at that,
and I see across these indicators that there are some
consuming since I am consumed to see that more children
(17:37):
are living in benefit dependent households. Why that consumes me
is because we also know, if we look at the
child poverty data, the round half of children live in
benefit dependent households, and we know that the incomes from
our wealthier payments. It doesn't provide enough for children to thrive,
(17:59):
and so that is concerning to me. Also the fact
that there's a leg in the data. So this report
was is to the period ending in June twenty twenty
four last year. And what I've been hearing in the community.
I've just been in to Taypo to me the Wist
coast this week, for example, meeting with children, young people
(18:19):
and families there, and they've been telling me, like other
children and families around the country, about the really harsh
realities of poverty in this country. The fact is it's
really hard to thrive as a child if you're going
without some of the basics, and that's what this report shows.
Speaker 2 (18:37):
Appreciate your time. Clear, clear, doctor clear. I'm going to
who is the Chief Children's Commissioner twenty minutes away from
seven Like, I'm not left one fan, but I've heard
you go on about Drive to Survive. I'm halfway through
the latest season and it's addictive viewing, isn't it. And
it's it's I mean, it's one of the bigges shows
in the world.
Speaker 1 (18:54):
Now.
Speaker 2 (18:54):
I can't wait till the red lights go out in
bahrain Ya Barhrain this weekend. So it's gone back to
funny times. It's late tonight sort of elevenish midnight to
night for practice one, in practice two, and then you
get into the early hours of Monday morning for the
race itself speaking, which it's all going Tapo onto Haimgartner's
where us are Later on in the program twenty two.
Speaker 1 (19:11):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered
by News talksp let me.
Speaker 2 (19:18):
Tell you something really impressive that's just landed. Harvey Norman
one New Zealand's satellite that's launched. It's a first for
the country. It's fantastic. You know all those places where
your phone usually goes no service you can't do anything about. Well,
it's about forty percent of New Zealand. That's how sort
of isolated we are. That's all changed now one New
Zealand satellite. You can now text from virtually anywhere with
(19:38):
line of sight to the sky. So think about that,
you're hiking in the back country, you're fishing in the
remote spots. Even if there's a natural disaster the cell
towers go down, you can still use your phone. The
best thing, this satellite service comes included with eligible plants
at no extra cost. You just need an eligible phone.
So here's the sweet part. Harvey Norman's got you. They've
got a two hundred dollars gift card when you sign
(19:59):
up to the new one New Zealand pay monthly plan
of seventy dollars or more so, being connected wherever you
go matters to you. Get into Harvey Norman and check
it out or look it up one New Zealand Slash
satellite Harvey Norman Bonus gift cards, by the way, expire
two months from data issue asking I instead of the
government having to constantly do more for children's time. Parents
step up. I think most of us. I'm even listening
(20:20):
to the commissioner. If you want to wander around the
countryside and find people who aren't doing very well into
a miserable you're never going to be a shortage of that.
Editors of the New Zealand Medical Journal, you might have
heard this wing Jathon in the news bulletin, so Simmeon
Brown said that the public health officials are spending too
much time on health advocacy. David Seymour ways and goes
he's cheering on Simegan, putting these muppets back in their box.
(20:43):
The people who are at the editorial and the Medical
Journal are upset. They were in the news this morning,
to which you've responded. Seymour's right, they are muppets. Calling
a muppet a muppet is not bullying. That's the problem
we have now. You can't call a clown a clown
because it hurts their feelings. Bloody muppets.
Speaker 16 (20:58):
Sex forty five International correspondence with ends and Eye Insurance,
Peace of mind for New Zealand business.
Speaker 2 (21:05):
Good. How are you going? It's with us from the
United States. Now, the Cabinet meeting. Where are we at
with that?
Speaker 17 (21:11):
Yeah, it was an interesting one, wasn't it. As the
Trump tariff train stealers on the roller coast. No idea
how this ride ends. After yesterday's massive sign of relief
on Wall Street with the biggest one day gain on
the DAL since what World War two market has been
in retreats through the current session, the Dow now down
by just under two percent. All this is the trade
war with China worsens. There are now Trump tariffs of
(21:34):
one hundred and forty five percent in place in that
arena as well. Other Trump terraffs remain in effect, including
the twenty five percent on foreign made cars and car parts,
and a ten percent based tariff remains in place as well.
The interest rate numbers out today it's steady, but then
the tariff war has dampened consumer sentiment and the raging
tariff battles of course threatened massively higher prices, so that
(21:55):
it's as far from over. Trump held that lengthy cabinet
session which was opened cameras and where a lot of
Trump aids. He prays on Trump in the way they do,
You're so great suit, all that kind of stuff. Then
Trump was asked by reporters if any of the country
by country deals with Japan and South Korea, and supposedly
about seventy other countries are named begging the deal leader
(22:16):
for deals, any of those contacts anywhere close to agreements?
As Trump, they're all different.
Speaker 15 (22:22):
Every country is different.
Speaker 18 (22:25):
Some have certain advantages that others don't have, and certain
things we have some China as a surplus of a
trinllion dollars. I mean, the numbers are praisy.
Speaker 17 (22:38):
So if there's no deal within the ninety day partial
tariff pause, then what go back.
Speaker 7 (22:43):
To the number of class I think we're next stand apart.
Speaker 18 (22:46):
Yeah, we'll have to see what happens at that time.
Speaker 17 (22:50):
You know, the Canada Mexico deal that was done during
the first Trump term talk almost a year to complete,
not three months, with seventy plus countries and no move
from China. Well, meantime, Apple is sending shipments of iPhones
on planes to India. This is a seed, isn't it
trying to bypass the China tariff block in the process
of doing that? As Trump might say, it's a little
(23:12):
bit crazy. Elon Musk was at the cabinet session to day,
but he said nothing about the tariffs, which Musk, as
we know, now opposes because his supply line for his
teslas and other materials is frog China. Musk was silent
about the tariffs yesterday, calling Trump's tariff supporting aid bit
in Navaro the day before dumb as a sack of bricks,
and then adding that was an insult of bricks. However,
(23:33):
Elon Musk's little brither, Kimball Trump a Kimball Musk, lashed
out of the way he at what he called the
tariff tax that was going to drive prices for everyday
goods through the roof. That little brother, Kimball Musk, is
on Elon's board, and presumably what he says has the
backing of his big brother, who was otherwise, as I say,
silent about the so called tariff taxo signs of the
(23:55):
tariff war. Behind the scene, and.
Speaker 2 (23:57):
Speaking of tex Trump has had a window this big,
beautiful things getting through slowly.
Speaker 17 (24:03):
Very slowly. Republicans in the House have pushed through only
a blueprint for their budget plans, but one that lacks
a lot of detail. So this is really just an
early framework for a budget that Trump has been pressing
to pay for tax cuts maybe for the wealthy, say
Trump critics, and also money for the border and for
the military. Speaker Mike Johnson forced us through with a
two vote majority. However, the fate of the budget is
(24:25):
far from certain. Sense of Republican leaders have said their
plan would include cuts of at least one point five
trillion US dollars. Where's that money coming from? It is
not from the efforts of musculareminions. They have a known
covered anywhere near that code of number. So will it
require cuts in social services that's the big issue, things
like medical care for the elderly and the poor. The
Speaker says, no, no, no, that's not the way this
(24:47):
whole thing is going to play out. Here's what Speaker
Johnson says.
Speaker 14 (24:51):
Exceptly not true. We're going to protect the essential programs
for everybody who's eligible to receive those.
Speaker 17 (24:56):
It's a lie, says the Speaker, while his Democratic counterparts,
Jeffrey says no. Republicans are the ones who are covering up.
Speaker 19 (25:03):
For months they've lectured us, claiming that they have a mandate,
a mandate to do what to take away health here
to enact the largest Medicaid cut in American history. They
have no mandate for any.
Speaker 3 (25:16):
Of this, and they said they're not going to cut medicaid.
Speaker 20 (25:18):
What do you say to them, they're.
Speaker 17 (25:20):
Lying, they're lying. No, you're lying. No, he's a liar. Yeah,
you're going to be quite the budget battle mate.
Speaker 2 (25:25):
Yeah, a good weekend. We'll see you on Monday. Richard
Arnold stateside speaking which really interesting developments yesterday on the
trade front. China reached out directly to Australia and said,
how about we quote unquote join hands now if you
know a bit about the history between China and Australia
and Morrison asking for the inquiry into COVID and China
blowing their lead, and then there were sanctions left, right
(25:45):
and center. They've got all that sorted behind them, but
they were rebuffed the Chinese. And now they've gone and
opened the Australians a new debate or chat or negotiations
on an FTA with the EU. Now they walked away
from the EU. We didn't, and we signed, in my
humble opinion, an inferior deal that may well be renegotiated
(26:07):
in a different era, at a different time, with a
different attitude, a vastly better deal. So that'll be interesting
to watch. So No to the Chinese, Yes to the EU.
More from Murray Old's After eight thirty ten to seven.
Speaker 1 (26:17):
The Mike Casting Breakfast with the Range, Rover Villain News
Togsdad b Inter.
Speaker 2 (26:22):
Just think about the Children's Commissioner, Mike. The benefit is
designed to help people survive while they're out of work.
It's not there for children to thrive. Yeah, it's got
that about it. I think it's good to have, I
guess a voice of advocacy you will always have in
any economy, any country, anywhere in the world. The group
of people who don't do particularly well. And if that's
all you're going to focus on, and that's all the
(26:43):
Children's commission I mean, and that report, there's a lot
of good stuff going on. There's a lot of tangible
change in the positive direction, which is what I was
trying to point out. But there myopic in their view.
They're straight to the now what's wrong and what you
know what I mean, Unless you change your attitude, you're
never going to change anything. The TMP, Mike or the
tea itself is not the visive. It's our inability to
(27:03):
have a conversation and hear each other. That's the visive
couldn't agree more. That sums it up beautifully. I watched
a little bit yesterday. I watched Thomas Cogland does a
good piece in the Herald this morning, works through the
various people who spoke well and didn't speak where he
defends Willie Jackson. I'm this business. I don't defend Willie Jackson.
He's a loud mouth, he's an attention seeker. He speaks well,
(27:23):
but that's his particular skill. But getting kicked out of
the house again, I mean, that's just boring. Seymour spoke well,
he defended it well. But here's what I've learned out
of this whole debate. One, you're right, the text is right.
We're not up for it. We're not sophisticated enough or
adult enough. There are too many people on the fringes
ago mental and Two irrefutably, when the experts came together
(27:45):
to give their evidence, they couldn't agree, which I would
have thought is the beginning of the middle and the
end of Seymour's argument. In other words, he's right five
minutes away from seven.
Speaker 1 (27:54):
While the ins and the ouse, it's the fizz with
business fiber take your bis just productivity to the next level.
Speaker 2 (28:02):
Tell you what there's life and therefore presumably money. In
the alcohol free part of the drinks market. At the moment,
we've got some Nielsen IQ work a non alcoholic category
of surging, especially in the States. It's growing at a
rate of thirty percent year on year, projected to reach
one billion in sales by year's end. But when you
look at the overall booze market in America, of course
one billion is nothing. At Pocket Chain, our biggest player
(28:22):
here is Free af last couple of years, they've grown
from being in four hundred stores in America to more
than four thousand, so they're in New Walmarch, you targets,
those sort of places. They've been named in an exclusive
partnership as well with Coachella, which is on this weekend.
They're going to be the only New Zealand alcohol free
cocktail brand at the festival, which is probably not unusual
because I'm not sure there's a huge number of New
(28:43):
Zealand alcohol free brands out there competing to be at Kirchella.
But nevertheless, so they will be it bars around the place.
They're in front of turn of fifty thousand people, ten
or fifty thousand people go to Kurchella gen X gen
Z rather gen Z the action as according to research,
forty five percent of gen zetters that's people up to
(29:03):
thirty years old. I find this hard to believe that
it's interesting. I see it in our kids a little bit.
Research forty five percent of gen Zers say they've never
had never had an alcoholic drink. I would test that
to be frank, which reminds me of Barry Soper who
was in the news at six thirty saying when he
(29:25):
shares a bottle of wine with Winston Peters, who is
eighty today, and that's that really is time and place.
I don't know what gen barriers. I think they had seed,
gens dee, whatever point pre war. Anyway, the point is
the days where you went to share a bottle of
wine together. I think, if not, I was certainly rare.
(29:45):
You have a drink with somebody, don't you. So the
current vernacular is you go have a drink with somebody,
you don't go, I'm going for a bottle of wine
with Winston. I mean, obviously bottle can does appear fastest
if you're using large glasses. Good coursing. Yeah, no, I'm
a four glass person for bottle as opposed to the
official seven anyway news is next.
Speaker 1 (30:03):
The Breakfast Joe Kiwis Trust to stay in the Know,
the Mic Hosking Breakfast with Our Vida Retirement Communities, Life
Your Way News, togs Head Bell.
Speaker 2 (30:13):
Seven past seven of the Treaty Principles build was finished
off yesterday, not without a bit of noise and ground
standing on the second reading. David Seymour didn't go down
without some resistancies with us. Very good morning to you.
Speaker 14 (30:23):
Good by any way.
Speaker 2 (30:24):
No regrets, not at all.
Speaker 14 (30:26):
I'll never regret standing up for basic human rights being
equal and also for standing up for truth. And if
you watched the debate yesterday, the most interesting thing is
that not a single opponent pointed to here's one of
the principles proposed, and here's why I oppose it, and
this is why we're going to have a better country
(30:47):
without it. Fact is that Parliament does have the complete
right to make laws. The Crown does have an obligation
to uphold all people's rights, including Maris, such as property rights,
and we are all equal before the law. Now, obviously
it's taking a while for certain people in Parliament to
catch on to that. But the challenges how else do
they want a country to work?
Speaker 2 (31:07):
And that's the difficulty. You haven't been able and this
is not a criticism of you, but you haven't been
able to apply the logic so liberally that people finally
get it. In other words, you're never going to turn
them with you.
Speaker 14 (31:18):
I think what this debate has revealed is quite how
far New Zealand has departed from liberal democratic principles. If
you go out there and say, well, I don't actually
think the treaty is a partnership between races. I think
we're just all people who have either migrated here or
our ancestors did, and we should be afforded the ability
to grow our culture and our lives economically and socially,
(31:41):
and make the most of our time on earth, which
is all equally special to each of us. A whole
lot of people say, oh, no, no, no, we've got to
be part of this sort of bizarre binary cult, frankly,
where you've got to bow down and have strange courses
at your university and constantly worship people based on things
that happened two hundred years before you're born. That's where
(32:03):
New Zealanders, and if the bill has done anything, it's
probably revealed to me that we've gone further down that
track in the last thirty or forty years than people
have realized. But that's not a reason to have regrets.
Thank God. I just wish I'd been born twenty years
earlier and got into the sooner.
Speaker 2 (32:18):
Yeah, exactly is it wise to put it to the
people's vote? My argument against it is I struggle with
it is that people will vote without the knowledge they
need and they'll vote on a motion. Or is that
democracy and that's just life.
Speaker 14 (32:31):
Well, I'll tell you a funny story. I was debating
in the House last week and I used to term
from economics. I ticket was something like opportunity cost and
someone from the Mari Party pinchers piped up and said, oh, what,
you're just making it up, that's kaka, and I thought
far out. You know, we let people into Parliament with
no rudimentary knowledge of year ten, year eleven economics. If
(32:56):
they say that people need to be more educated to
have an opinion, maybe they should start themselves.
Speaker 2 (33:00):
Good on. You're nice to talk to, you appreciate it.
David seymore active party leader ten minutes past seven also
in Parliament has been more reformed for schools, or will
be more reform for schools. Teachers will now need to
give a week's notice before they strike, not three days,
and the paramount objective for school boards will be to
boost achievement. The Education Minister, Erica Stamford, is of course
in charge of all of this and she's with us.
Very good morning to you. Good morning mate, the educator.
Speaker 10 (33:21):
I'm well.
Speaker 2 (33:22):
The Education and Training Amendment Bill number two ensure schools
prioritize achievement, teacher education, teacher discipline and teacher competence processes
as opposed to what what else are they doing?
Speaker 20 (33:36):
Well, the Section one two seven of the Education Acts
told boards what to do, and under the previous government
it was very convolution and had many different things and
you can imagine the types of things that were there,
and it took away what said the prior, which was
actually children are at school to achieve, to raise achievement,
close the equity gap. That's the paramount objective and that
(33:58):
was taken away, and there's a whole lot of other
things that you can imagine.
Speaker 14 (34:02):
We're there.
Speaker 20 (34:03):
So we've tied it up and made sure that schools
understand that paramount objective is to make sure that our
kids are achieving at school?
Speaker 2 (34:09):
Can the boards do that? Are the board's hands on
enough to make an educational achievement? The paramount objective is them?
Or is that the principal? Or is that ultimately the teachers.
Speaker 20 (34:22):
Well, as you know, our schools are all self managing
entities and the boards are the ones who have the
power and the control. And it depends on board. You
have some boards who do an excellent job, who make
sure that schools are assessing their children, they get copies
of that assessment. They make sure that their schools are
on track. I mean, I've seen some excellent strategic plans
(34:43):
and excellent annual reports where schools are tracking student achievements
very well. Other schools who just don't have sometimes the
quality of people who are putting themselves forward for the
boards who don't do has got a job. So what
we will try to do so I think in future
as try and get some standardization across board so that
(35:03):
they are they are looking at the same things and
reporting on the same things in the same way, so
that for example, ero in the ministry and the Minister
can look across the board because at the moment, schools
all report on completely different things in different ways.
Speaker 2 (35:20):
We had the Children's Commissioner on earlier attendance things like
that that things seem to be tracking slightly but surely
in the right direction. Yes, good, so you'd be happy
with that.
Speaker 20 (35:35):
But I didn't hear what they said earlier. I just
know from my education portfolio I'm starting to see things
change in the education space. One thing I can tell
you is that we are world leading in the education
reforms that we are undertaking at the moment. In fact,
when in the Northern Hemisphere earlier this year, we had
(35:56):
other countries coming to us really interested in asking what
we're doing because they could see that world leading as
well in the explicit teaching, the year by year curriculum,
the knowledge rich curriculum, the science of learning. And we
will assess our kids later this year against the baseline
that we did last year, which was frankly terrible, and
then going into the election next year, we'll be able
(36:16):
to show that things are on track.
Speaker 2 (36:18):
Good stuff. Appreciate your time, having a good weekend. Erica Stanford,
Education Minister, thirteen minutes past seven. Tasking heirport's out this morning.
Changy's back. I'm very pleased to hear it thirteenth time.
This is the skytracks. Skytracks are the most credible globally.
Changy is the best airport in the world. Hammad As
in the Middle East got yesterday. They're back down to second,
which is no bad thing. Tokyo a couple of Tokyo's
(36:41):
actually Hanada and Incheon Narita. Sorry Tokyo and Henda and
Norita are in the top five. So you want to
know where we are, we are forty sixth as in Auckland.
That's about all I can tell you. Christ jutch is
And you think, oh, is that good? Not really, that's
(37:02):
ninth in the Asia Pacific region. So I mean, anyone
who's ever been to Changing knows what I'm talking about.
Andre Heigenhardtner before eight o'clock for you are and will
pay tribute in just a couple of moments to clear trebet.
There was a lovely piece in the house yesterday as
she leaves, as in The Herald's political editor Former Herald
(37:23):
political editor. She leaves next week, but there was a
very nice piece in the house. So more in a
moment fourteen past the Hi like.
Speaker 1 (37:29):
Asking Breakfast Full Show podcast on iHeartRadio powered by News Talks.
Speaker 2 (37:34):
At be seventeen past seven. Yeah, yesterday once again. Because
I'm a tragic I'm watching Watching the House and before
question Time begins, of course, and you'll be well aware
of what's going on in the media in the last
couple of years. And there's a lot of a trenchman,
a lot of people losing their jobs. Seemingly every website
you go to these days is begging you for money
to pay them to help support them. Anyway. There are
two people, two key people in my humble opinion as
(37:55):
a punter, I don't know them particularly well personally. In fact,
I barely know them at all. But Katie Bradford, who
was the business reporter for TV one, should have been
the political editor, of course, but other matters transpired and
she left the gallery and came back and was a
business reporter and a very good one for TV one.
She's now gone on to for reasons best known to
her self, Infrastructure New Zealand. So that's a sadness. So
(38:16):
the overall intellect, experience and performance of the media suffers
when these people go. Now, there are many people who
have been laid off. To be frank and have said
it before, you won't miss and you don't even know
they're gone because they were useless in the first place.
But Katie wasn't one of them, so we miss her.
And Claire Trebette, who was the editor of the Herald,
she goes as of Tuesday. Once again. I don't know
the circumstances, wouldn't have a clue, barely no clear why
(38:39):
she took redundancy. I don't know. She's a talent and
she will be missed. And this was lovely I thought
yesterday in the House. Most people will have missed it
because they don't listen to the house. But Nikola Willis
stood up and gave what I thought was not only
a very well delivered but I'm assuming because Willis did
it very well written tribute.
Speaker 21 (38:58):
I seek leave to move the motion with notice and
without debate, acknowledging clear Trivett's service in the Parliamentary Press Gallery.
I move that this House note with regret, the retirement
of Miss clar Trivet, noting her eighteen years of service
in the Press Gallery, including most recently as The New
Zealand Herald's political editor. Noting that Miss Trevette is known
(39:22):
across this House for her integrity, her tough but fair approach,
her a cervic and irreverent wit, and her unerring ability
to see the politicians as human beings even through the
fog of day to day politics. She has observed our
(39:43):
foibles and our failings with appropriate irreverence and acknowledging that
Misstrevete will be missed by members present and passed from
across this House. We wish her well.
Speaker 2 (39:58):
So I thought that was well written, well to live.
There was a very good applause afterwards, and if you
looked at who wasn't applauding, I'll give you three guesses
as to who those people might be. And in that,
in a moment of neutrality, that speaks volumes about who
those people are, and they should be ashamed and embarrassed
(40:19):
at the way they behave now still to come on
the program, Asia Business correspondent Peeder Lewis, I mean, we
cannot leave this week behind without having a look at
what's unfolded, what Trump has done to the world economy,
what he's still to do to the world economy. And
no one has been more affected, really than Asia of
which we are a significant parts are more on that
(40:41):
shortly seven twenty.
Speaker 1 (40:43):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks EVY.
Speaker 2 (40:51):
For Bailey's real Estate, being altogether better means being your
trusted partner in every corner of the property market. Simple
as that. They've worked hard to build this trust. They're
backed by the proven results and a commitment to doing
things differently across residential and commercial and rural and property services.
They do it all. They're proudly one hundred percent key
we owned and locally operated, and their national network these
days have got more than two thousand real estate professionals,
(41:12):
so they're big. They're happening. Got one hundred branches nationwide,
so they're in every corner of this beautiful country. They've
got boots on the ground across the country. They've made
it their business to add value to yours with integrity
a depth of knowledge, no matter where in the country
you are. They've been the leader have Baileys in real
estate innovation since nineteen seventy three. They've focused on people
centric solutions while providing unmatched expertise, relentless professionalism, and wrap
(41:35):
around support that well basically net's optimal results time after time.
They're the best in the business for goodness sake. So
this is the Bailey's difference all together better for all
of New Zealand with no plans to stop. Why would
they when when you're on a roll licensed under the
Area Act in two thousand and eight. This is Baileys
dot Co dot NZ learn more deal with the best
(41:55):
asking here we go. Time now to mark the week
at seven twenty four. By the way, if you need
to be some the little piece of using current events,
that's as revelationary as the first time we all heard
the word this week lethality trump one.
Speaker 18 (42:07):
These countries are calling us up, kissing my.
Speaker 2 (42:10):
Ass, complete and utter chaotic clown You don't treat the
world economy like this, clowns actually.
Speaker 10 (42:16):
Too, I'm not calling it a treat war.
Speaker 2 (42:19):
In order, bessn't lutnik heg Seth and Leavitt. The IRD
six collected close to a billion dollars and unpaid tax
simply by looking. It's quite a good concept, that isn't it.
Our business confidence six up and moving in the right direction.
This week Housing sex up and moving in the right direction.
Asking price up sales up, listings up. Paul Goldsmith six,
(42:40):
I'd be interested in your listeners if they could come
up with I think we've got to come up with
something that's irritating and difficult and annoying. Is it ingenious
or worrying? Asking the Mike Hosting Breakfast audience for policy
ideas well eight all deserves a break and pure economic terms,
I'm not sure this is the government to spend that
line far less the yarn. But it's Winston's birth day
to day he's eighty, so why not Winston eighty? I
(43:04):
reckon politically anyway, He's never looked better. The Ministry of
Transport to simple question asked on Monday, show us your
regional airline data? Have they? Well? I have more in
a moment exactly polls seven. We've had three in a row.
Now that has the government getting back at a consistent
series of figures. I would have thought decent sign for them.
(43:26):
David Parker six, nice bloke. Not sure he ever really
truly fired in politics The Rama Reform at nine hundred
plus pages, not really at home to remember. Andrew Little
six Do is he the answer to Wellington or just
a retired politician looking for work defense. Eight. I'm still
fascinated to see where that nine billion of new money
(43:46):
is coming from. But as a concept being at Oulton
playing our part global as well overdue supercars eight. Yeah
to our poets humming are the green Doyle one? Are
the hope?
Speaker 19 (43:58):
It?
Speaker 2 (43:59):
Yes, exactly, the Hope is one day. What they know
what they attracted attention to for is is I don't
know loosely associated with the environment. Have they remembered the environment?
The greens? The environment are the green Paul one.
Speaker 21 (44:09):
Mean free promo shot what.
Speaker 2 (44:12):
I said a minute ago. That's the week coveries on
the websites and a writer's review is underway on this
because no one managed to get the word PanicIn in
despite my express and stra hold on, they just did
stead of Hosky. Yes, Can I just have a quick
word about the media's fascination of the in New Zealand.
In New Zealand, I mean, god, bless than they've got
a PR department clearly sent out about eighty two hundred
(44:33):
and sixty seven email invites to the launch of the
new uniform, of which I got one and deleted it immediately.
The reminder I deleted immediately, and all the other emails
I got I deleted immediately. It's not an in New
Zealand thing. That's just a general correspondence thing that I
do anyway. So the media once again slavishly, and I
note this morning, they cannot get enough of the new
uniform as though this is a thing, the same way
(44:55):
they cover the new menu and all the other stuff
that in New Zealand does. What I be more interested
in from the media is some coverage of I don't know,
planes taking off and landing, the price of tickets.
Speaker 14 (45:08):
Just have they got any planes?
Speaker 2 (45:09):
Have they got any planes? Can you get from a
to be in a reasonable fashion financially? Are they an airline,
given we all own them, that is performing well and
suitably and offering us a service that we want? In
other words, is their reputation at a point or stage
that you would find acceptable or good? As opposed to
the uniforms, as opposed to the lollies, as opposed to
the Kasar, the crisps, as opposed to the wine list
(45:29):
and all the other crack they seem fascinated in just
a small point.
Speaker 1 (45:34):
It's your source of breaking news, challenging opinion and honors backs.
The Mike Hosking breakfast with the range Rover villa designed
to intrigue and use togsdbing kadi.
Speaker 2 (45:45):
After it being a Friday twenty three minutes away from it,
the world felt hawfully edgy this week? Didn't it? For
most of the week as the markets gyrated in response
to the Trump terror plan. That the plan is the
right work. The capitulation came yesterday based on fears around
the US bond market. We got ninety days to achieve
lord knows what.
Speaker 10 (46:03):
Now?
Speaker 2 (46:03):
Whereast hit was Asia?
Speaker 3 (46:04):
Really?
Speaker 2 (46:05):
Their market's moved more than anyone else's. China is an
award that's sitting at one hundred and forty five percent
from counting this morning. So we're to Asia Business corresponding
to Peter Lewis withs ped up morning to you.
Speaker 3 (46:15):
Good morning Mike, early.
Speaker 2 (46:16):
Hours of Benkok and I do appreciate you getting up
very early in the morning for us, So just give
us the vibe broadly speaking in Asia. But how's it
been handled, how's it been seen? What's the wood?
Speaker 10 (46:26):
Well?
Speaker 12 (46:27):
The markets have obviously reacted very strongly to this. The
big problem is that there is a lot of uncertainty,
and uncertainty leads to volatility in the markets, and we've
seen exactly that, big declines in the stock markets followed
by huge rallies, also a big decline in the US
(46:49):
bomb markets, which is added to the uncertainty. And that
uncertainty isn't going to end because over the next ninety
days we're now going to see a whole host of
leaders trooping over to Washington to try and negotiate their
own deal on tariffs, and there's no guarantee at all
(47:11):
that that will work. It could well be that there's
no deal at all for several countries because trade negotiations
normally take years, not ninety days. They're very very complex
sets of negotiations. They involve a lot of considerations, not
just trade, but a whole host of political issues as well.
(47:34):
So this is going to be a very difficult ninety days.
There's going to be a lot more uncertainty, and there's
going to be a lot more volatility. And in particular,
we have to bear in mind that the tariffs haven't
gone away. There's still one hundred and forty five percent
tariffs on China, there's still a ten percent based tariffs
(47:56):
on every other country in the world. Canada and Mexican
tariffs are still there. There's the tariffs on steel and aluminium,
tariffs on cars. There are a lot of tariffs left.
And what it means is that the average tariff rates
now on US imports stands at about sixteen percent. That's
(48:18):
the highest in over one hundred years. It was three
percent before Trump's second term started. So we've still got
a lot to deal with and that's going to lead
to a lot of folacility in the markets.
Speaker 2 (48:31):
The one forty five for China is that a completely
separate thing that will unfold in its own way versus
the rist of Asia. Do you think or because China
is China, we're all in this together.
Speaker 12 (48:44):
I think in some ways we're all in this together
because what happens to the Chinese economy affects the rest
of Asia. About fifteen percent of China's economy depends upon exports.
Around fifteen percent of that goes to the US. So
this could easily shave off a couple of percent off
(49:07):
of China's GDP because when tariffs are a one hundred
and forty five percent, effectively trade between those two countries
has come to a complete halt, and it really doesn't
matter anymore whether tariff's are fifty one hundred, one hundred
and fifty two hundred percent. At that sort of level,
businesses cannot export anymore. They simply can't be profitable at
(49:32):
that level of tariffs. So, to all intents and purposes,
there's been a hard decoupling in trade between the US
and China, and that affects the rest of Asia and
the Asia Pacific region, including countries like New Zealand and Australia.
A slow down in the Chinese economy of that magnitude
(49:52):
is a serious issue of the New Zealand and many
other countries in the region.
Speaker 2 (49:57):
I think that the truth. Appreciate your time very much.
We'll catch up s Lewis Asia Business correspondent with us
in Bangkok, where it's about two thirty in the morning,
nineteen minutes away from eight. Trade deals take years, my ass,
poor you wrong, of course they take the years. Have
you not been following our free trade deal? We talked
the other day. Just the other day India, jokes were
being made in India with Luxen whether they could do
it in ninety days, and they laughed, they thought, let's
(50:19):
do that. One of the fastest we ever did was
with the UK. That took a couple of months. Generally,
trade deals do take years because there's a tremendous amount
of back and forth. Have a look at the EU
trade deal that got opened again yesterday on Australia. So
Australia spent months and months and months and months talking
about the possibility of a free trade deal with the EU.
They walked away. That was over a year ago. Suddenly
(50:41):
they're going back. How many more months do you think
that'll go. Mike's seven glasses? What are they drinking wine
out of shot glasses? No, Murray. If you look at
the back of a bottle of wine, it's seven points
something depending on the alcohol level, which is about one
hundred miles of glass and glasses about one hundred meals
of smidge over one hundred meals depending on what restaurant
you go to. Mike Luxon absence from the house yesterday
was a cowardly disgraced No, it wasn't. Wasn't anything of
(51:04):
the sort. Don't get over exercised about it. The Prime
Minister is very rarely in the house for a second reading,
and the Prime Minister never reads in a second reading. Ever,
they're not they weren't going to be there. I mean, yes,
there's a political you know, connection to it obviously this
time around, but under normal circumstances on eating piece of
literally prime Minister isn't there and doesn't speak. Eighteen to two, the.
Speaker 1 (51:26):
Mike Hosking Breakfast Full Show podcast on iHeartRadio now ad
By the News talks at me.
Speaker 2 (51:32):
I go just to sort this out so you don't
go nuts on the text. What I'm trying to say
for all you people saying the stand up pour in
a restaurants one hundred and fifty, that's fine. What I'm
trying to say, look at the bottle back of the
bottle of wine. Standard drinks is seven points something to
eight points something, depending on the alcohol content and the bottle,
and you'll get a bit over one hundred mills. You
say one hundred and twenty five, you se hundred and
fifty whatever. All I'm saying. All I'm saying is that
(51:56):
four glasses is big glasses. It's Mike, it's classes because
I get four glasses out of a bottle of wine.
Not that are drinking any use a brandy glass. No,
I don't know. It's just regular glass. It's just a
regular glass, just four glasses. I think I pour one glass.
I won't bore you with mail couple of content, but
just let's just say is.
Speaker 14 (52:16):
They'd wrong to drink wine out of a Guinness Class.
Speaker 2 (52:18):
Very don't ask supid questions. Now I have good news
and bad news on the same subject. We finally heard
back from the Ministry of Transport yesterday Thursday, having asked
them a simple question on Monday and tell us the
regional numbers for this is for airlines. So you got
very upset when I gave you the national numbers Auckland, Wellington,
christ You didn't need an et cetera. And the cancelation
(52:39):
rate was very low and all you said, well, when
I'm flying from right area, it's not like that. So anyway,
we went back to the Ministry of Transport and they
said they'd get onto it on Monday, which was a
lie because they didn't because we had to ring them
on Tuesday and they quote unquote, we're working on a
response now. Then we went back later on Tuesday said
where's the response. We're currently in discussions with a number
of airlines and are planning to provide regional reporting shortly,
was their answer. With oh, ye're fair enough. That's Tuesday.
(53:01):
Wednesday came and went somewhere in there. We asked, well,
when you say shortly, what do you mean shortly? They
didn't come back on that, no response at all. Wednesday.
Wednesday came and went like Wednesday never happened, nothing from them.
Then yesterday, finally we asked them a whole lot of
very specific questions. When you say shortly, what's the estimated
time frame? Is the reason that it hasn't been released
because one or more of the airlines are holding up
(53:22):
the data? What is the process to this data? Blah
blah blah blah. Anyway, we finally yesterday got a response,
and this is so that's the good news. We got
the response. Good news. The bad news comes in the response.
The response is in part as follows. A key part
of the Ministry's stewardship role is to use data and
evidence to build greater transparency of aviation system performance. Another part.
(53:44):
We began on time performance reporting in September of twenty
four covering domestic jet services, and in November we expanded
our reporting to cover trans Tasman roots. We are working
on further expanding our reporting to include regional routes in
the coming months. We are working with their New Zealand
and a number of regional airlines regarding the data they
will provide to wouldn't put into this reporting, and we
appreciate the assistance with this important work. Please note the
(54:04):
airlines collect data in different ways. We need to standardize
this data to ensure consistent representation. We will have this
expanded report available at the end of May. So, in
other words, what they could have said on Monday, if
they weren't a bunch of pratts, is hey, look, we're
still working on this. At the moment, we don't have
any regional stuff, but because we're working on it, we'll
(54:24):
have it by the end of May. Call back then, right,
That's how Mike would run it. But oh no, let's
run it Monday, Tuesday, Wednesday, Thursday. And that is why,
in a nutshell, the public services the way the public services,
and it's unacceptable. In Mike's book, Let's Talk Supercows. In
moment eleven away from a.
Speaker 1 (54:45):
The Mike Hosking Breakfast with Bailey's Real Estate News togs,
they'd be.
Speaker 2 (54:49):
It is aiming as away from a big weekend in
Tapa of courses. The Supercows are back for another year,
defending Taupou champion. Andre heing Gartner is with us. Morning
to you, Hey, mining guys. Now, let's work through the
season so far. You've had Sydney, you've had Melbourne. Ay,
you've got Toapo. How do you feel your traveling?
Speaker 22 (55:07):
Yeah, not too bad. It's definitely a stronger year for
us as a whole. We come out firing a bit more,
with a bit of speed at certain stages. So yeah,
versus last year when we're sort of struggling a lot
of one of the tougher years. We're definitely in a
better place. So looking forward to to speakend and trying
to make a few steps forward and see how we go.
Speaker 2 (55:24):
It was a sort of an I was noticing I
watched you in the F one. I mean you sort
of disappear a little bit in the F one for
obvious reasons, don't you. Whereas you look at, say, your
reception at Taupo, you are the star of the show.
Speaker 14 (55:36):
Yeah, yeah, for sure.
Speaker 22 (55:37):
It's a bit different at Day one GP, here were
the side show, but still lots of fans come out
and love it. And then you're obviously here in New Zealand.
It's a whole different vibe because you know, we got
Kiwi Kiwi drivers. New Zealand really gets around at per capita.
We have a lot of enthusiastic fans, so yeah, it's
just a great different vibe, I guess, and different environment too.
(55:59):
We travel much around Australia and all those tracks and
then to come over here it's different and exciting and
I think everyone loves that as a whole, even all
the mechanics.
Speaker 2 (56:08):
Logistically, how hard is it to get the whole show
across the Tasman and to a place like Tampo.
Speaker 22 (56:16):
It's not too bad actually, it's you know, we used
to fly the cars on obviously a plane, a big
cargo plane that'd all go underneath, but that was obviously
a bit expensive, so they've tried a different model this
year where all the planes are going on the container ship.
So it took about two weeks, so it's just working.
I guess the time frame was that, and you know,
(56:37):
you finish one round, which was the AGP. They had
almost half a day to prepare the cars, chuck them
in the container and then they came here straight away,
so it doesn't leave you much time to you know,
fix things if you get a crash, and then obviously
it's the same when we go back, you chuck the
cars on go to I can't remember where the next
round is, but you go there and then you only
(56:57):
have a few days or a week or so to
prepare everything. So it makes things tight. But luckly we've
got some good.
Speaker 2 (57:03):
Mechanics, which is the good news because next I think
it's next year, when you come, you'll be heading on
to Ruapuna. So there's now two outlets that, apart from
anything that logistically will help. And of course to have
two rounds in New Zealand is fantastic.
Speaker 22 (57:17):
Yeah, being a key with I love Yeah, I love that.
It's something that we've been saying for years that there
should be two events here and yeah, it looks like
it's finally going to happen. It's something that's great for
New Zealand most sport. I think, you know, we've been
longing for this for a while and it's just great
that they've sort of finally decided to give it to us.
And also going down to the South Island is great
(57:39):
for the South Island fans, so it gives them a
bit of a taste of supercars. It's obviously been only
in the North Island for many years, so that's really
really exciting. And you know, I love New Zealand. I
was born here and lived here until I had to
move over for racing, so yeah, I'm all for it.
Speaker 2 (57:57):
What's the weather and track for the weekend.
Speaker 22 (58:01):
The weather is looking good, really funny, nice cool mornings
and then warm during the day, so it's looking it's
looking really nice in contrast to last year.
Speaker 2 (58:11):
Actually yeah, exactly. All right, well go well this weekend.
Good to have you in the country and the whole
old kitten gaboodle. Andre high Gartner BJR. Brad Jones racing
of course, five minutes away from eight asking two quick
things on transport and sport. Just before I forget them.
Anios is out. This is the America's cup Ineos. They
fell out with old Wat's his name Ainsley, And so
(58:31):
it doesn't mean Ainsley or the British aren't going to
be back. We don't know they're going to be back,
but Indios is not going to be part of it.
That's Ratcliffe and his whole problem with the all Blacks
and sponsorship and money and building stadiums in Manchester, United
and for all I know the grenady I don't know anyway.
The other thing is that I read a very interesting
report yesterday. I don't know why this is an obvious
but it had in New Zealand time. I think Auckland
(58:53):
University was involved in it, but also with the Chinese university,
EV's actually harmed the environment more than they helped environment. Now,
how is that possible? And of course it comes down
to how the EV is powered, and the EV is
powered by electricity, how is the electricity produced? And unless
they've worked out now this is the news they've developed
that unless it's half a country or half a sources
(59:15):
electricity is produced renewably, which of course it isn't globally
it's thirty percent in a country like ours, it's probably
even less. Unless it's fifty percent of all electricity being
produced renewably, then the EV will do nothing but harm
the environment, because, in other words, you've used coal and
gas and oil to make your power to power your car,
(59:36):
and in that is the idiosy of not planning properly
in the first place. Every day more evidence mounts, doesn't it.
Speaker 3 (59:45):
Now?
Speaker 2 (59:45):
News in a couple of moments for you are the
Chase we need to talk about. How about the Chase?
The New Zealand version of the Chase. But you've got
to fly yourself to Sydney and pay for your own accommodation.
How mad is that?
Speaker 1 (59:59):
The news and the news lakers, the mic asking breakfast
with Bailey's real estate, your local experts across residential, commercial
and rural news talks that'd be.
Speaker 2 (01:00:12):
Gos. I was watching an interview this week. The suggestion was,
I can't remember where she's more famous. They were saying
she's more famous in America than Europe. More famous in
Europe in America, I think it's America in Europe. But
there is Brandy Carlyle, who has teamed up with Elton John.
(01:00:33):
They'd worked together before in the past, and the love
that you're watching with these two at the moment is
incredible and the sort of mass mutual respect and it's
interesting to watch. He doesn't look well, to be honest,
he seems well. They did a thing at the Palladium
the other night, just a couple of nights ago. That's
going to be out on CBS this weekend. I think
(01:00:53):
in America, and I think they're playing it out in
Britain in sometime over the Easter period. So that went well.
Topins involved, Andrew Watt was producing. There are ten tracks.
He sings well, he performs well, he talks well. He's
still the old Elton, but you look at him closely,
he looks really, he looks troubled. So ten tracks and
forty four minutes and six seconds. The album is called
(01:01:16):
Who Believes In Angels?
Speaker 1 (01:01:18):
The Week in Review with two degrees Fighting for Fear
for Kiwi Business.
Speaker 2 (01:01:23):
Mike Golf on the radio is missing something. It's funny
you should say that. I heard. I think you're right,
but you're wrong. I heard Jack Nicholas's swing this morning
on the radio, and I discovered himself. When you hear
a swing that collects and connects, you know he hit
the ball and he did hit the ball well. I
hit that noise and I thought, that's a good noise.
He's got that well, and as it turns out.
Speaker 10 (01:01:42):
He did.
Speaker 2 (01:01:43):
Tim Wilson's with us along with along with Kate Hawksby,
Good morning to both of you.
Speaker 23 (01:01:49):
Good morning. I wondered if I could just clarify for listeners,
because radio is a hard thing. When you've got to
visualize the wine glass situation. I just wanted to terrify
the size your wine glass of people. Just envisage their
average VARs at home for flowers.
Speaker 20 (01:02:04):
That is about the size of my custom glass for wine.
Speaker 24 (01:02:09):
Okay, what's in terms of in terms of the consumption,
what's he like after? What's the difference between one glass
to glasses? Does he sort of get into the.
Speaker 2 (01:02:17):
You know, you tell him and tell him, tell him,
go and tell him, tell him.
Speaker 20 (01:02:22):
Yeah, no, he he.
Speaker 23 (01:02:23):
He is virtually teetotal these days.
Speaker 20 (01:02:26):
He is extremely disciplined.
Speaker 23 (01:02:28):
He's not during not drinking during the week, and he's
only having one glass at the weekend.
Speaker 24 (01:02:37):
Well, yeah, yeah, you know what to say, now, do you?
Speaker 14 (01:02:41):
Yeah?
Speaker 4 (01:02:42):
I do.
Speaker 3 (01:02:43):
I do.
Speaker 2 (01:02:43):
Look at Winston this morning a moment.
Speaker 24 (01:02:49):
Here's here's the thing. Look at who's Winston Peters. He's
in top form, He's at the top of his game.
Speaker 2 (01:02:54):
But that hold on my understanding. My understanding is Winston
low if not nil on the booze, and he's I
think he's also low, if not nil on the tobacco
as well, So I think that might have something to
do with it. He's found a new lease of life.
He's got his purpose, and he ain't. He ain't the
drinker that he used to be. Your point, though, is
(01:03:15):
relevant that at eighty years old, the trick you're learning
in life to him is numbers are irrelevant. You want
to be a good whatever it is you are. So
Peter's is a good eighty, So he's a good eighty.
Biden was a shocking eighty two year old. Trump's a
decent seventy eight year old. Do you know what I mean?
You've got to be that. Whatever the number is, you've
got to be a good number.
Speaker 24 (01:03:35):
Yeah, Trump. Trump's not a drinker too, so you're joining
You're joining the Trump club.
Speaker 2 (01:03:39):
No exact gratulations.
Speaker 24 (01:03:40):
Have a coke or cokel whatever.
Speaker 23 (01:03:42):
I mean, that's probably just as toxic as alcohol.
Speaker 2 (01:03:45):
Yeah, that's true. I don't drink the sugary drinks either,
So so I've got to say that I feel better
for not drinking, which is I know that's a cliche,
old old tired ord cliche to say, but it is
actually true. Now, how how bitter do you feel?
Speaker 10 (01:03:59):
What is it?
Speaker 3 (01:04:01):
Ms?
Speaker 2 (01:04:01):
Well, a numbers or fewer hangovers. I've never had a hangover.
I was never a heavy drinker. I just feel I
just feel better. I don't know twenty percent better, twenty
three percent better, something like that. It's well worth it.
I would I hate to preach, and I hate people
who preach, but all I would say, do whatever you
want because I don't care. But if you do want
(01:04:23):
to give up drinking for the idea that you will
feel better for it, you will.
Speaker 10 (01:04:30):
The gospel. According to Mike host game.
Speaker 23 (01:04:32):
You'll sleep better. I think you'll sleep better is the key,
and sleeps important in our house because there's very you know,
we've got crazy, mean shift workers.
Speaker 2 (01:04:39):
So it's good question. Good question text. What does Mike
do with the rest of the bottle? Very good question?
I leave it. I leave it till the next week.
And that's that's that.
Speaker 23 (01:04:50):
We're not talking screw caps.
Speaker 2 (01:04:52):
So no, I call it up serious corks. The cork
it up, and it's it's still good the following week,
and so I do, what's it like?
Speaker 24 (01:05:01):
What's it like after week three?
Speaker 2 (01:05:02):
When it still can go? It can get a little
what's the word. It can get a little, a little erated,
a little rated, but it's still reasonably good if you
cork it properly.
Speaker 24 (01:05:11):
Now sounds like there's probably no no alcohol.
Speaker 2 (01:05:15):
Might not be well, A lot of it goes into
Katie's spag bowl, doesn't it, Katie? You put a good,
good slosh into the spag bowl. So what happens with
the bottle of wine in our house now is Mike
has a glass, He has a glass the next week,
and then Kady makes bag bowl. There's your bottle of one.
Speaker 20 (01:05:28):
They're so exciting, fun games.
Speaker 2 (01:05:30):
That's how it worked, so rock and roll. Now, next question, Katie,
is it a scam that the people who want to
make The Chase, the New Zealand version of The Chase
want to do it one for only four episodes, and
two if you're one of the people they choose to
be a contestant, you then have to pay your own
way to Australia, both in terms of affair and accommodation.
Speaker 23 (01:05:49):
I don't I mean personally yes for me, but for
the people who want to appear on the Chase, I
don't think they'll see that as an impediment because they
will see this as their great ticket to you know greatness.
Speaker 2 (01:05:59):
Would you see it as a holiday? So in other words,
you go, right, we'll go to Sydney anyway or Melbourne
where off it's being filmed. And when I lose money,
which I always do, I don't watch the chase. But
every time I've seen it before the news, no one
ever wins. I'm sorry, you haven't beat the chaser tonight.
Do you think you compete the chaser? You give us
a call, let us know if you compete the chaser.
Speaker 24 (01:06:21):
Hey, is this an audition to I think I think
you just got the gig?
Speaker 2 (01:06:26):
Funny you should say that. Yeah, I will have to
pay my own way if i'm the host, do I.
Speaker 24 (01:06:33):
Didn't realize the host could be I didn't realize the
host Coulby Pakistani. But carry on.
Speaker 2 (01:06:37):
It is thirteen minutes past eight the.
Speaker 1 (01:06:40):
Mic Hosking Breakfast Full Show podcast on iHeart Radio powered
by News Talks.
Speaker 2 (01:06:45):
It be this Talks. It'll be sixteen past eight.
Speaker 1 (01:06:48):
The Weekend Review with two degrees fighting for fear for
Kiwi business might.
Speaker 2 (01:06:53):
Go with the corabon. Yeah, no, the coraban. If you
don't know what a corabon is, it's a it's a
poor It's a thing you put in a bottle. It
looks like, hey, what does it look like? It's like
a handle thing. It looks like a thing you might
I don't know. I don't know what it looks at you.
It doesn't matter anyway.
Speaker 23 (01:07:08):
It's all the size of your glasses though. I mean,
when Tim says by week three, let's be honest, the
bottle probably only last two because with the size of
your glasses, oh.
Speaker 10 (01:07:16):
Yeah, the vases.
Speaker 2 (01:07:18):
There's nothing wrong with a large glass anyway. It wasn't
my fault. I didn't make the glass. It's just there.
I mean, you know, somebody else made the glass, and
suspicial it's an outsource response. You're the one to special glass.
It's like a really high, high powered, high quality, handmade glass,
and they're the experts in the glass field. And if
they feel that it's necessary to have a glass that size,
(01:07:39):
who am I to argue with it?
Speaker 24 (01:07:41):
For God's my problems, everyone else's fault. Blah blah blah
blah blah.
Speaker 2 (01:07:45):
Let me ask you this question. Should I host the chase?
Speaker 22 (01:07:49):
Yes?
Speaker 23 (01:07:50):
Not if you have to pay your own way to get.
Speaker 2 (01:07:51):
There, No, I think that's fair. But I'm a reasonably
good negotiator. I would anticipate the ability not to have
to pay my own way. The only reason I ask
is I feel we all cut short in my career
as the host of game shows because I did, of
course do Millionaire and the Millionaire thing. The Millionaire thing's
been done, so this business of people going to Australia,
it's not new. We did Millionaire in Australia. We did
(01:08:13):
it in Melbourne and all the contestants were people who
lived in Australia. They're all New Zealanders who lived in Australia.
So this idea that they're going to ship a whole
lot of New Zealanders across isn't true either. They'll get
people in Australia and the audience was made up of
expats in Melbourne, and we were at Channel nine and
we used the Australian set, so we saved money doing that. Anyway,
it was a very successful show, not because of me,
(01:08:33):
but because the format was a very successful format. But
I fell between stools because at the time, Television New
Zealand we're having another one of their financial convulsions, and
they announced that it would be back for the next year,
and I thought, oh, that's good. This could be something
that I could do literally forever, and then they canceled
it and so I thought, that's not fair. You don't
cancel a successful show because that's uncool, and that's one
(01:08:56):
of the many problems TVNZ's had over the years. So
I'm wondering if I sh shouldn't reignite my career as
a game show host. I'm just wring, just wondering if
TV and it's laughing the same sort of way at
the moment, I.
Speaker 3 (01:09:14):
Think they will be.
Speaker 23 (01:09:15):
I think TV it will just be laughing that one
right out of the any possibility.
Speaker 2 (01:09:19):
Okay, So so no chance you're saying, Katie, thanks very
much for you can see how it goes at home,
can't you? No, No, no, I think I love the last.
Speaker 23 (01:09:27):
No, you'd be of course, you'd be brilliant, you'd be
the best.
Speaker 2 (01:09:29):
You'd be wonderful, dear, you'd be fantastic.
Speaker 10 (01:09:31):
But it's just never going to happen.
Speaker 23 (01:09:33):
It would be the TV and Z won't see it
that way. Look at look at look at I don't
want to be rude, but you know, TV.
Speaker 2 (01:09:39):
And so and go and look at her? Who we're
looking at?
Speaker 3 (01:09:42):
How was it?
Speaker 2 (01:09:43):
How was it whole? Katie? Who are we looking at?
Speaker 10 (01:09:46):
Won't quick?
Speaker 2 (01:09:46):
The buses coming? Loser? What did wait tell them? Were
you going to say Katie, you know what I mean,
almost fool? Were you going to highlight? We don't do, Mike.
We don't know what she means, what we mean?
Speaker 10 (01:09:59):
Who does she mean?
Speaker 23 (01:10:00):
Everyone knows what I mean. Everyone knows that you did,
or doing it won't be choosing the right person.
Speaker 2 (01:10:07):
The quick one the rat, Katie, really quickly. A lot
of people interested in the rat is the rat dead?
Speaker 23 (01:10:12):
Rat's dead? Okay, baby rat no more.
Speaker 2 (01:10:16):
We were out at dinner last night that you.
Speaker 23 (01:10:18):
Didn't hit it with a spade, and that was interesting
to me. A lot of people said the rat poison
in it. Dying by poison was cruel, and I don't
know when cruelty to rats became a thing, but.
Speaker 2 (01:10:29):
No, I agree. But my argument was, if a rat
was already dying, you'd done your job. You didn't want
to exacerbate that by then splattering.
Speaker 23 (01:10:39):
Kind thing to do would have been you whack it
on the head with a spade. But I don't think
they think.
Speaker 2 (01:10:44):
I don't think the rat would have think that at all.
Speaker 20 (01:10:47):
A spider.
Speaker 23 (01:10:48):
You're You're not the person, are't you.
Speaker 24 (01:10:50):
No, it's my apartment in Bushwick when I was living
in Brooklyn, where.
Speaker 10 (01:10:55):
Was infested with rats.
Speaker 24 (01:10:56):
We used to have glue traps. You know what glue trappers? Yes,
so it's glue and the rat runs across it gets caught,
but of course doesn't get killed. So my job in
the morning was to collect the glue traps with these
sort of muling, squirming creatures. How many take them out
to the befour or five? Take them out to the
building site next door, find a brick and send them
(01:11:18):
off on their merry way.
Speaker 2 (01:11:19):
How big were they?
Speaker 24 (01:11:21):
They were big in New York. In New York, apparently
you're never more than one meter away from a rat
in the question that I asked to that statistic is
biped or quadruped, But that's another story.
Speaker 25 (01:11:32):
Wow.
Speaker 2 (01:11:33):
But the size of cats or yeah, they are.
Speaker 23 (01:11:37):
Was so little it was mistaken initially as for a
field mouse. It was so tiny.
Speaker 24 (01:11:42):
Could it have been a pet? Someone to drink with?
Speaker 10 (01:11:44):
Mike? We mate Ratty would.
Speaker 2 (01:11:48):
Have drowned in his big, big glass very very quickly.
Are we recommending mob land Katie?
Speaker 12 (01:11:54):
Oh?
Speaker 23 (01:11:54):
Yes, anything, Guy Richie does we.
Speaker 2 (01:11:56):
Recommend development this morning? It's not Guy Ritchie.
Speaker 23 (01:12:00):
Oh, isn't it?
Speaker 3 (01:12:01):
So?
Speaker 2 (01:12:01):
Guy Richie could.
Speaker 22 (01:12:02):
Be Guy Richie.
Speaker 2 (01:12:03):
I'm one hundred percent Guy Richie. I don't. I don't
run a program the same way. I don't run a
game show without the proper material. I've done the research
this morning, and it is not Guy Ritchie. I was surprised,
but Mobland, have you seen it?
Speaker 3 (01:12:15):
Tim?
Speaker 2 (01:12:15):
You won't have seen it.
Speaker 24 (01:12:17):
I haven't seen it. Is what the conversations are like
after one vase of wine?
Speaker 2 (01:12:20):
Is Guy Richie? No, it's not.
Speaker 10 (01:12:22):
It is Guy Ritchie.
Speaker 2 (01:12:23):
I've done the research.
Speaker 10 (01:12:24):
I'm telling you it's.
Speaker 2 (01:12:27):
Welcome to it. I have another spag Bowl, Darling. Nice
to see you. Gate Hawks beat Tim Wilson eight twenty two.
Speaker 1 (01:12:34):
The Mike Hosking Breakfast with Alvida, Retirement, Communities, News, Togs,
dead be.
Speaker 2 (01:12:40):
I tell you what Beauty weekers live at Chemists Warehouse.
They bring you. Obviously, the unbeatable deals on all the
favorite brands are still why. We got fifty percent off
at the Tony and Guy Range, forty percent off the
MCCO Beauty, the Swiss skincare as well, that's forty percent off,
thirty five percent off Mabeling Laurel Paris Skincare, thirty five
percent off, twenty five percent off the Sarah Vee and
(01:13:00):
the Aven Plus, you spent up in ninety nine on
these beauty deals in store and you receive a few
beauty box free buried over two hundred dollars. While Stock's
last and the unbeatable chemist Wareouse Beauty Week offers thereon
for one week only. They end on this coming Wednesday,
so head on over to Chemist's Warehouse and remember, in
addition to visiting the local chemist Warehouse store, you can
always order online, click and collect. That'll save time. Choose
(01:13:23):
fast delivery for same day home delivery if you want,
T's and c's charges may apply, but it's all on
go great savings every day with Chemist Warehouse. Hosky apologies
to Katie. It was of course got Guy Ritchie, and
why why would I? Why wouldn't it? So we're sitting
there going, it's got Guy Ritchie. This is Guy Ritchie
all day long. I look it up this morning. It
doesn't have Guy Richie, and I think it doesn't have
(01:13:43):
Going Richie. I better say it doesn't have Guy Richie.
Then of course the part that I didn't read has
Guy Ritchie.
Speaker 10 (01:13:47):
He directs.
Speaker 2 (01:13:48):
Episode is Guy Richie's got Guy Ritchie written all over
at Mobland. It's on Paramount in America. It's on Amazon here.
Two episodes are out, the thirds dropping in a couple
of days. It broke records for Paramount. It's the biggest
debut they've ever seen. Millions of people tuned in. But
I mean p. S. Brosnan is little short or brilliant,
and indeed Helen Mirram is brilliant as well. The others.
(01:14:10):
You will all the woman frog it from downtown Abbey,
isn't it. The others you'll all go oh them. I
don't know their names, I don't know what they are in,
but you'll you'll go, oh, yeah them, those people. Anyway,
you're wanting to holidays are coming up. By the way,
I ran into Kerry Kerry Macivaney Woodam knee mccaivannee Woodham,
(01:14:30):
and she was talking about the holidays, and I said,
what holidays. I'm not going on holiday. There's no holidays
coming up. She's going on holiday. I'm not going on holiday.
I canceled my holiday. I had a holiday and I
canceled my holiday. I said, I'm not going.
Speaker 10 (01:14:43):
On I'm going on holiday.
Speaker 2 (01:14:44):
Of course you are, because you're a loser. I'm not
going on holiday. I'm staying here. So all you people
who thinking the holidays are coming up, there are no holidays.
I mean you can have Easter. So this morning, I'm
half a person and I'm a loser. You got it
in won.
Speaker 1 (01:14:58):
The only report you need to stay your day the
my Casting Breakfast with a Vita, Retirement Communities, Life Your Way, News,
togs Head Visa.
Speaker 2 (01:15:07):
There's a ben a helicopter crash in New York, and
I mention it because obviously there's a helicopter in crashing
New York, and there's six, at least six at this
particular point in time dead. It's a family. It's one
of those commercial helicopters. And the only reason I have
particular interest in it is it does happen far too often,
and having been in New York about a year ago,
(01:15:28):
we sort of were almost on one of these helicopters.
And you go, if you ever go down to Staten Island,
that sort of area across the Statue of Liberty, all
that sort of stuff, and the industry that they operate
down there, it is, in my humble opinion, it's just
an accident waiting to happen down there. They've got touts
and the first thing you do when you come off
(01:15:50):
the ferries, go you want a helicopter ride. You want
a helicopter ride, and you just go join the queue
of thousands, and they weigh you, and they wrap a
belt round you and all that sort of stuff and
tell you and then they pack you like asada into
the thing. And there's six or seven people in a
helicopter that only just hold sex or seven people. And
the number of helicopters taking off, And if you've been
to New York you will have seen that the number
of helicopters taking off at any and lending. It's just
(01:16:11):
you just look at them and go, how is it
possible these things aren't crashing more often and tragically. In
the last couple of moments, there is one in the
Hudson ribb but will keep you posting more details in
the news at nine twenty two minutes away from.
Speaker 16 (01:16:23):
Nine, International correspondence with Ensit Eye Insurance Peace of Mind
for New Zealand business MARIALD.
Speaker 2 (01:16:29):
How you go, my friend, very good morning.
Speaker 3 (01:16:32):
You're just trying to catch my breath after a while.
Speaker 2 (01:16:35):
As amazing a. I mean, you've been around for well
and excess of one hundred years now, I mean even
post war. It wasn't this Trump, you know it was.
I mean, it's just crazy, crazy times.
Speaker 3 (01:16:47):
Indeed it is. I've got vague memories, Mike of the
Great Depression, but you know this is the best. It's
the best ride ever since that. And maybe it's not
over yet. And you know, I mean, where do you
start you look back at the week. I mean week
started with Peter Dutton over here dropping his very controversial
policy to force people back to the office, stopped working
(01:17:10):
from home. He dropped that like a hot potato when
all the focus grips came back and said, you are
cracking jokes. They then had the Leader's debate that was
a bit of a shambles because it was hidden behind
a paywall on Sky News and no one could see it.
And of course it was scored by the Murdock Press
and said, oh, Pete's won this hands down, and of
course the audience in fact, which was given the vote,
(01:17:32):
said no, no, Alban Eazy won it. And then you
just come on to the tariff stuff. Well, where the
hell do we start with that? I mean, the stock
market was down, absolutely just plummeted on the opening and
then you know, as soon as Trump announced the backflip yesterday,
up it went again. The dollar fell below sixty US
since hasn't been there since the global financial crisis. Below sixty.
(01:17:54):
That's back up again today. It's just quite extraordinary. And
here's a stat that I heard Anthony. Because Anthony Albanezi
and Petere Dutton, same as Luxeant, they have to balance
this a it's a high wire balancing accest between being
nice to the United States because we have to the
biggest defense partner. But in Australia's case, two hundred and
(01:18:15):
twenty billion dollars Australia earned from Chinese from exports to
China and twenty twenty three, that's thirty three percent of
all Australian exports go to China. You got to balance
that as well. So it's and here's a stat that
I heard Anthony Albanezi used yesterday. And this is a
bit scary for me. What do you reckon, Mike. One
in four jobs in Australia depends on our biggest trading
(01:18:38):
partner and that is China.
Speaker 2 (01:18:39):
Yeah, that wouldn't surprise me. What I found interesting about
China reaching out to you guys and going let's join hands.
Quote unquote, and then you you rejecting that and then
trying to fire up the EU having had experience in
the EU. We've got an EU trade deal. It's a
crap deal and we signed. You walked and you should
have walked because you couldn't get decent dairy beef all
(01:19:00):
that sort of stuff. And you opening up again. It
may well be that you get a better deal now
because the EU will be more amenable to you, given
their circumstances than they were to us when we were
talking in a different world at a different time.
Speaker 3 (01:19:15):
Well indeed, I mean I think I might have been
still in high school when a great Britain walked away
from New Zealand. Remember that the joined the European Union
and so all of the New Zealand exports just fell
flat in their face. And times have changed dramatically. I
mean a minute ago, you know, Brussels and Washington were
besties and all of a sudden, no they're not. And
(01:19:36):
maybe Australia will get a decent deal with the European Union,
because that's what Australia's got to do. We have to
diversify markets. We saw that when China, and when China
imposed that trade freeze on lobsters, on wine, on coal,
on iron ore and so on. We no, In fact,
iron are was never targeted by China because they need it.
But you have to look around for alternate markets in
(01:19:58):
these trouble times. And that's exactly what Anthony Elbonezi is
arguing over here, Mike, market volatility. You cannot change horses
in the middle of this stuff. Peter Dutton saying, hang
on a second, we're the better economic managers. We'll do
a much better job and I as the Prime Minister,
will be able to get big concessions from Donald Trump.
So it's you know, we've got what have we got
(01:20:19):
three weeks to go or something, And it's so exciting.
Speaker 2 (01:20:22):
And answer me to this question. From a distance, I
follow it closely, but from a distance it appears to
me that whatever momentum Dutton has lost, the poles seem
to indicate that and if Elbow doesn't cock it up,
he stands a very reasonable chance of not just becoming
the government again, but also as a majority fair or not.
Speaker 3 (01:20:43):
Yes, I mean that is a scenario that could play
out because Peter Dutton does need a net gain of
twenty two seats twenty two seats to form majority government.
That's a huge ask. It's a bigger net gain than
Scott Morrison actually lost back in twenty twenty two, because
since then there's been a bi elect go against the Liberals.
There's have been a couple of defections. It is less
(01:21:03):
complicated for Labor. They've got seventy eight seats now in
the one hundred and fifty see Parliament hold the line
that back in not since nineteen thirty one was the
last time the first term government was kicked out. That
was the Great Depression. So yes, I think that scenarrow
you're painted is accurate. There's going to be a huge
cross bench and the way that goes with the Teals,
(01:21:26):
with the Independence, with the radicals like Bob Catter whose
hat's always too tight, it's just going to be fascinating.
I love elections.
Speaker 2 (01:21:34):
I love Yeah, they're fantastic. Just on Orcus quickly, Yes, yep.
I never thought I'd use the words orcus and musk
in the same sentence, but that's what you're facing. He's
looking at Orcus and see the problem is, I don't
know where this goes for you. You're tired and where
sort of we could get with pillar two if anyone
(01:21:54):
ever works out what pillar two is. But you're in
boots and all and you're in for your subs, and
only Musk is looking over it, and I'm thinking, bloody hell,
I don't want to be part of this.
Speaker 3 (01:22:04):
Well, it must pulls the pen. It'll save us. I
think it'll save Australia a huge headache, to be honest.
Nearly four hundred billion dollars to buy eight subs if
they ever come off the assembly line, if the United
States ever agrees to sell them to Australia, and this
is between now and twenty sixties. I mean, who thinks
that's a good deal. I mean the technology hasn't even
been designed yet, and Australia is up for nearly four
(01:22:26):
hundred billion dollars. And here's another thing to be thinking
about for the next week till I talk to you again.
The Greens over here are propping up their little chests
and saying we're going to hold the balance of power
the new parliament. One of the top items on the agenda.
Get out of Orcus.
Speaker 2 (01:22:39):
Yeah, believe me from our Greens experience, you don't want
them any We are near power. Our advantage has always
been by and large, they don't like power. They'd rather
be on the side squawking. But if you ever get
if they ever literally hold you to ransom, you'll be
on a plane to New Zealand to relocate.
Speaker 3 (01:22:58):
Well, well, I think they're going to have a very
very significant say in the next parliament. And I think
both Peter Dubt and an Anthem job easier look it over.
Speaker 12 (01:23:05):
This show was like, oh bloody ell, i'pe not.
Speaker 2 (01:23:08):
Good on your mate. You go well, Murray Old's out
of Australia for another Friday Morning. Here on the Mike
Hosking Breakfast Today forty five.
Speaker 1 (01:23:15):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at B.
Speaker 2 (01:23:21):
Twelve away from nine. Small amount of clarification. Couple of
your pointed this out, and you're quite right to do so.
I was mentioning earlier the evs, and you need fifty
percent of the electricity done on a renewable basis for
them not to harm the environment more than they help
the environment. And I suggested that the glove I know
that global numbers thirty percent of renewable, so it needs
(01:23:43):
to be at least fifty percent, and I suggested New
Zealand might be something similar, if not worse, and you
pointed out, of course, we have very high renewable numbers here,
which of course true. What I was not including was
the hydro. A hydro is a given. You either do
hydro or you don't know. I was talking about wind
and wind and solar, So we don't have a lot
of wind and solar, and it's way below thirty percent,
so you're right to point that out. So just for clarification,
(01:24:05):
more importantly, I note this morning and the Herald, and
I would thoroughly recommend you go and participate in this
that as far as the pole is concerned, there's a
pole in the Herald this morning as to who should
be hosting the chase. Now, let's let's just go and
have a look at the names that we've got here.
Who's coming last? Jenny May Clarkson. I don't know who
(01:24:30):
she is, but Sam Wallace. I do know who Sam
is because I used to work with Sam. He's on
three percent. Now the serious contenders, I mean, let's not
deal with the the people who would never really have
a chance of hosting a game show properly or prof
How many options are there? One, two, three, four, five, six, seven, eight,
(01:24:51):
nine ten. The one who's coming third, Jason Gunn. You'd
think Jason Gunn fair enough, I mean bit old, bit tired,
but nevertheless not he's coming third currently Simon Barnett. I'm
not mentioned much on the station anymore for obvious reasons.
But nevertheless, nice guy, likable and would run a reasonable
(01:25:13):
game show. It has done and has done correct, has
done leading the field and by quite some margin.
Speaker 1 (01:25:23):
Me.
Speaker 2 (01:25:25):
So that settles it, doesn't it. I mean, that's that's
the We've got a margin of ea or anything, or well,
put a margin of ra in Glenn three percent plus
or minus. I'm still leading. You want to do plus
or fine is five per I'm still the Sam Wallace margin.
Is that what Sam Wallace is? Three percent? Yeah, it's
a Sam Wallace. You can Sam Wallace it. I'm still leading.
(01:25:48):
So you know, far be it from me to blow
my own trumpet, push my own barrow, dedicate a portion
of the program to myself. But facts don't lie nine
minutes away from nine.
Speaker 1 (01:26:00):
My Cosking, Breakfast with the Range, rovere Villa, news, togs,
dead b, no other.
Speaker 2 (01:26:04):
Piece of reading. If you're interested. Over the weekend. Roger
Partridge of the I've forgotten the name anyway at the Institute,
you know Roger Partridge, goodness say anyway, He writes a
very good piece on Trump. If you sort of haven't
worked out what the New Zealand Initiative is. What I'm
trying to think, of course, was don't look at me
through the double glazing and Nord and wave. It's like
(01:26:26):
what you're supposed to do as a producer is say
in my ear New Zealand Initiative and solved my problem
when I solved my own problem. Don't go absolutely anyway
of the New Zealand Initiatives written a very good piece.
If you're not sure about Trump and how mad at
all is he explains it very nicely. Another piece written
by my friend Peter Dunn, former MP, and he writes
(01:26:49):
on Willis Nikola and how she needs a win on
the supermarkets, which sort of details us what I've been
trying to say. She's jaw bonned it. There's plenty of rhetoric,
there's plenty of stern language from Er on the business
of supermarkets, but she actually needs something tangible to happen.
So if you're interested in got climb over the weekend?
Not that you will because the supercars left one or
on give them a read. Five minutes away from nine.
Speaker 1 (01:27:12):
Trending Now with Chemist Wells, the home of big brand Vitamins.
Speaker 2 (01:27:17):
No one nods through double glazing like Sami.
Speaker 12 (01:27:23):
I can't hear you.
Speaker 2 (01:27:25):
Five minutes away from.
Speaker 1 (01:27:26):
Trending Now with Chemist Wells Keeping Kiwi's healthy all year round.
Speaker 2 (01:27:32):
Just when you thought the Trump Co couldn't get any matter,
along comes RFK. He's promised to find the cause of
the autism epidemic by September. Is he going well on that?
Speaker 25 (01:27:41):
This is an epidemic like nothing we've ever seen before.
It dwarves the covid epidemic claus. These are children. COVID
was killing elderly people at the end of their lives,
is disabling children of their entire lives. The studies that
they did were very, very narrow, and there were about
seventeen study is the Institute of Medicine, which is part
(01:28:03):
of the National Academy of Science. It says that fortune
of those studies are invalid. We're gonna look at facts,
or we're gonna look at everything. Everything is on the
table our food system, our water, our air, different ways,
apparenting all the kind of changes that may have triggered
this epidemic. It is an epidemic. Epidemics are not caused
(01:28:25):
by genes.
Speaker 2 (01:28:26):
Also got the problem with measles at the moment. Quite
a lot of measles going on in America at the moment,
and some young children are dying of that. So he's
got that on his plane. And he is very like
Trump in the sense that he comes across at times
is completely unhinged, and yet at other times he's actually
got a point. One of the points he does have
that works is he's trying desperately to get the colors
out of food food coloring. And that's if you read
(01:28:49):
about food coloring and then eat food coloring, you're dumber
than a sack of bricks. So he's trying to get
he's seen that, he gets it, and he's trying to
get the manufacturers to get food coloring, particularly the red coloring.
If you were Shane, that's my favorite color, yeah, exactly,
and that's why you are the way you are only
half a person in a loser exactly. It's too much
(01:29:09):
red food coloring and just in a nutshell among other things.
By the way, enjoy the weekend. We've got the as
I said, the the FP one, the f P two.
Because you're in bar Rain, you're up late Friday night
into Saturday morning. But we got the Crusade Crusades Hurricanes
quite good. That's that's got prospect, I think. And I
think the Blues the Mowana Pacific that surely that's got
If any super rugby crowd can get a game, the
(01:29:32):
Blues Mowana game has got And I think it's during
the day, is it. I think it's a game. It's
a day game. We'll go on nod Semi. Is it
a day game, Semi or Semis nodding, No, Semi's laughing.
Semi doesn't really want to work here anymore. It's it's
a lot worse than you thought it was going to be.
They tried to play it now, but it's turned out
really badly. Anyway, back on Monday, Happy Days.
Speaker 1 (01:29:57):
For more from the Mic Asking Breakfast, listen live to
News Talks at b from six am weekdays, or follow
the podcast on iHeartRadio.