Full Show Podcast: 12 August 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
New Zealand's voice of reason is Mike the Mic asking
breakfast with Bailey's real estate altogether better across residential, commercial,
and rural news talks.

Speaker 2 (00:10):
Head Been today was recognizing Palestine make a jot of difference,
more bad news on gas and lack of good news
and bad news around tourism. Lady Wilson heading here for
the first time. She's with us after eight catlin Field
and France. Rob Little is in heat wave number four
in the UK. Posky Tuesday morning, seven past six. Welcome
to it. Questioner supporting a Palestinian state something you do

(00:32):
when you look like you're wanting to do something. The
Australian Cabinet signed it off allegedly yesterday. The announcement's due
maybe in September. We apparently are thinking about it, talking
about it. Maybe we do the same thing, Maybe we don't.
If anything happens, we'll join France and Canada. People also
claim the UK has done the same thing, although I
read the UK is having threatened Israel with it as
a as opposed to offering it to some sort of

(00:54):
move towards peace. The two state solution to what what
actually happens? I mean, does the war stop, does the
hate stop, does the aid flow? Do people stop dying?
Does her mass leave town? Are the weapons put down?
Does anything actually happen? Obviously, Israel's ropable in the United
States won't be far behind, and they're upset. But it
appears it's one of those things you do once you've

(01:16):
called for a cease fire. Didn't happen, Hostages to be released,
didn't happen, aid to be allowed into Gaza maybe or
maybe didn't happen. The reality as opposed to the endless
fanciful hot air is the headline I read yesterday which
summed it all up, beautifully trapped in a death spiral,
Net and Yahoo and Hamas commit to endless war. Isn't
that the simple truth? Right or wrong? Nothing's happening, nothing's new,

(01:39):
and the advance or the advantage of having been awry
in a while, as you have seen the same story
over and over again. I mean when October happened almost
two years ago. Now the Israelis hit back. I said
on this very program, this will be the same as
last time and the time before. Go back as far
as you like. I said that not because I'm some genius,
but because it's obvious as each month passes, all the
usual players have j your, and all the usual players

(02:01):
have said what usual players have said every time. Impotent
bystanders who at best can dabble periodically in small amounts
of aid or help say things. People who can't really
say anything say some aid, some threats, some sanctions, some threats.
The severity of each chapter depends about on who's in
the White House. Of course, that's why this has gone
longer and harder. But two groups determined to wipe each

(02:23):
other off the face of the earth will never stop
until one wins. Definitively recognizing one as a state will
not make a jot of difference. News of the world
in ninety seconds one day in DC. So she's busy
at the White House?

Speaker 3 (02:39):
Where's Caroline?

Speaker 4 (02:40):
Where's my superstar Carolina?

Speaker 5 (02:45):
Is she doing a good job?

Speaker 4 (02:47):
By the way, camera, is this the largest crowd we
that you've ever seen?

Speaker 6 (02:52):
This is definitely the most part freefit.

Speaker 2 (02:55):
Crime in Washington and war in Ukraine were the topics
of the day. The New ag needs help on the street.

Speaker 7 (03:00):
If they're under eighteen years of age. I can only
get the case. If it's murder, rob one, rape, even
if they shoot a gun but don't kill you, I
can't get it. So the law has to be changed.
As the President said, counselors fail, that has to be changed.

Speaker 2 (03:15):
It was so busy. Donald forgot that he was going
to Alaska on Friday by saying he was going to Russia,
which we assume he isn't. Anyway, Here is how it's
going to roll.

Speaker 4 (03:23):
There'll be some land swapping going on. I know that
through Russia and through conversations with everybody to the good
for the good of Ukraine, good stuff, not bad stuff,
also some bad stuff, for both is good and there's bad.

Speaker 2 (03:40):
Don't worry, it's only the world we're running, which leaves,
of course v Lood sort of finn't know, waiting and watching.

Speaker 8 (03:46):
President Zelenski and Ukraine has said, it's obvious that Russia
wants to buy time.

Speaker 2 (03:51):
Not end the war meantime in the other war, the
claimer's journalists are now the new targets.

Speaker 9 (03:56):
I feel I'm not safe. I could be killed any
time because I'm a journalist or because I'm just a
regular citizen here. But despite that, we have to continue
covering and titting that truth. Otherwise the word will not.

Speaker 2 (04:11):
Know what is the running here related matters in Britain.
The government's trying this morning to convince BRIT's the arrests
over the weekend we then getting serious about radicals.

Speaker 10 (04:18):
Prescription is about one narrow group that has been involved
in violent attacks, including injuries, including weapons, smoke bombs, causing
panic among innocent people. This is not a nonviolent organization.

Speaker 2 (04:32):
No, it is not Finally Bitcoin Gate, James Howell's whilst
eight thousand bitcoins you know the name, his former partner
threw his computer out of their house today. That would
be worth one point four billion. So this is the bloke.
He's been going through the courts to try and get
permission to search a rubbish dump and Newport. He's even
offered to buy the landfill site. He was backed by
a bunch of hitch fund millionaires. But today, well Saidley,
it's over. He's given up the court. Losses are piling

(04:54):
up stairs and the fortune is now lost for him
to use the world of ninety Trump mess. A moment
ago while when he was busy talking about land swaps
and stuff, he was also placing d C Washington the
police department under federal control. This is LA two point
zero and you can remember where that went. He's deploying
the National Guarden to Washington. He called it Liberation Day

(05:15):
in DC. It's section seven forty of the District's Home
Rule Act, Special conditions of an emergency nature exists. Everyone
else is saying, well, crimes down, what's your problem? But
it's you know, we saw it out west, we're seeing
it now out east. Twelve past six.

Speaker 1 (05:30):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks EVY.

Speaker 2 (05:38):
Quick question, Is this the beginning of the fight back?

Speaker 5 (05:40):
Ford?

Speaker 2 (05:41):
US have announced the two billion dollar investment in Louisville
rolling up more affordable electric vehicles or come to the
price of a Chinese EV in China at the moment.
But that's on top of their three billion already planned
for a battery park in Michigan. So they're going to
build a mid size four door electric pickup slated for
twenty twenty seven. So I don't know whether that's at
China or not. And they're just desperate. Fifteen past six

(06:04):
and JM. I wealth for Andrew Keller, her good morning,
very good morning match. I would have thought today is
a lock across the Tasman. Isn't it twenty five all
the way.

Speaker 11 (06:12):
It would appear to be? So yeah, it pretty quiet
starts the week for local mark. Not the case across
the Tasman though they've got cash right day today always
very exciting. This is the RBA announcing the latest prognosis
on monetary policy settings. And yeah, you're right, Mike, there's
almost universal consensus they will drop their interest rate over there.

Speaker 5 (06:30):
It's currently sitting at three point eighty five percent.

Speaker 11 (06:33):
And the viewers will be a twenty five point shift
lower to three point six. Now we always do this comparison,
doesn't it because this is what we do in New Zealand.
We compare ourselves to Australia. We're sitting at three and
a court three point twenty five percent, quite a bit lower.
But the arby insts pause strong arguments or I think
the strong army that we need a little bit more
of a shot in the arm or of it, do
you know it? So Westpac economic review that came out

(06:56):
this morning, they're basically saying three percent is the base.

Speaker 5 (06:59):
But I even the Prime Minister Mike.

Speaker 11 (07:01):
Is verbalizing that we need that we're expecting more interest
rate cuts.

Speaker 5 (07:05):
I think he said that yesterday.

Speaker 11 (07:07):
Now, look, the Ossie economy does appear to be calling
inflation over there at headline level. Their recent release for
the June quarter two point one. That's fallen from two
point four. The RBA's preferred measure is what they call
the trimmed mean, which smooths out some Volatility's actually sitting
higher about two point seven, very similar to our headline
number at two point seven. Although we have some concern

(07:28):
and the short term it could creep up if we
if we look at growth, well, it looks a knemic
here in the second quarter.

Speaker 5 (07:33):
It's also slowing in Australia.

Speaker 11 (07:36):
Our unemployment rate is quite a bit higher and unfortunate
it's moving in the wrong direction. Just as an aside,
you've got CPI data out in the US tonight, so
that'll have a bearing on the.

Speaker 5 (07:44):
Next US move on on their cash rates. We'll keep
a cose eye on that tonight.

Speaker 11 (07:49):
Yeah, the OCR here market pricing is now assuming the
OCR does move to two point seven five percent in
early twenty twenty six.

Speaker 5 (07:57):
The point I would make though, is that the RB.

Speaker 11 (07:59):
And Z myight does have three opportunities move the official
cash rate between now and Christmas. So there's plenty of
opportunity to get that rate down and give us a
little wee Christmas present.

Speaker 2 (08:09):
Isn't that there is beef across the Tasman. So this
interests me because they'll land in America at ten and
we're paying fifteen. So that's got to be an issue
for us.

Speaker 11 (08:18):
Yeah, I couldn't help but notice this, Yes, it was
actually in the Financial It was in the Financial Times.
There was an article yesterday and it was sort of
quoting Ossie beef producers.

Speaker 5 (08:25):
Now applauding or cheering.

Speaker 11 (08:27):
That might be a little bit, that might be a
little bit strong, but anyway, they're pointing out that the
tariff outcomes. So this speaks to this issue we've talked
about a number of times, Mike. It wasn't so much
where that tariflied, It was about the relativity and if
we look at the beef producers to the US, I
mean here they have got Brazil fifty, Canada at thirty
five and we're at fifteen and Aussie at ten. So

(08:48):
the Aussie's have have won that contest, yes, contest, and
the Aussie Trade min is to even quoting pointing out
the Aussie advantage I would argue, Mike, there's two groups
there isn't the guys that have locked this Brazil in
Canada and the people that have won, which is US
and Australia. And look, demand for Australian beef has surged
in recent years as well as it has for US.
I'm taking the guys our full position on this. I

(09:10):
think we're actually we've probably come out okay.

Speaker 2 (09:12):
How we is this in Nvidia AMD thing? I mean,
so you can't sell it to China, but actually now
you can, but you better slip me a few dollars.
I mean, what's that about?

Speaker 11 (09:21):
This is weird. This is an interesting development here. It's
not got a lot of press because obviously there's lots
of other things going on at the moment, but it's
definitely raising eyebrows and it will prompt ongoing discussion. So
you've got this very unusual agreement here where Nvidia and
AMD have agreed to give the US government. Now we're
not sure what exactly it is, but it's either fifteen

(09:41):
percent of their profit or fifteen percent of their revenues
from chip sales to China, apparently in return for it
getting these export licenses.

Speaker 5 (09:50):
So this is for the sale of specific chips that
I mean, this is weird. I'm not aware of this
type of a.

Speaker 11 (09:55):
Yeah, it's it's almost like a shakedown. It was saying, look,
we didn't want you to sell, but okay, you can
sell them as long as you share some of the money.

Speaker 5 (10:02):
It's like a protection reckord.

Speaker 11 (10:04):
It does set up a president and I think it
will be it will be a fascinating ongoing discussion because
people look around say, well, who's next.

Speaker 2 (10:11):
Exactly right numbers, please.

Speaker 11 (10:13):
The Dow Jones is down one hundred and eighty nine
points point four to three percent, forty three thousand, nine
hundred and six, just going down through the forty four
thousand level.

Speaker 5 (10:21):
The S and P five hundred, down.

Speaker 11 (10:23):
Five sixty three eight four and then they stack down
fifteen points, so very small. For their twenty one thousand,
four hundred and thirty five overnights, the fortzy one hundred
gain thirty four points point three seven percent nine one
two nine. The Nicket had a good strong day, up
one point eight five percent four one eight two oh.
The Shanghai Composte up about a thirty percent three six

(10:43):
four seven. The Aussies yesterday gained point four to three percent.
That's thirty eight points eight thousand, eight hundred and forty
four the mark.

Speaker 5 (10:51):
The Internet's fifty gained just over half percent.

Speaker 11 (10:53):
Twelve thy nine hundred and eleven the close on the
currencies point five nine three five against the US dollar
on the wholesale markets, points nine one one three against
the ossie, point five to one point two euro, zero
point four four two.

Speaker 5 (11:06):
Against the pound, eighty seven p eight for Japanese yen.

Speaker 11 (11:09):
Now, gold's been all over the place because people were
sure what was happening with tariff. I think in the
last hour or so, Trump has come out and definitely
confirmed no tariffs input tariffs on gold. The price at
the moment three thy three hundred and fifty six dollars
and break crude a little bit weaker sixty six dollars
and fifty seven cents.

Speaker 2 (11:26):
Cat chap to morrow, mate, Andrew kelloherjmowealth dot co dot
n Z must get a good movie. News Weapons open
domestically in America over the weekend forty two point five million.
Is that good? Yes? Second time this year that an
original horror was number one at the box office. Sinners
was the other one. Forty five and a half million
earlier on this year. Number two was Freaky of Friday.
That's Jamielee Curtis Lindsay line. It's a it's a you

(11:46):
know to remake. So anyway, the point being, the box
office over all is up seven points six percent on
this time last year. It's collected five and a half billion,
so it appears to some degree at least movies are
back at newstalks.

Speaker 1 (12:06):
The Vike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at be.

Speaker 2 (12:13):
Mike seems to be the huge elephants in the room
with that poll of preferred Prime Minister TV and said
didn't address that. You add up the numbers twenty percent
for lux and nineteen percent for Hipkins plus a few
other's only amount to fifty five percent. So what's the
remaining forty five percent? Well, it doesn't really matter. I
don't think it's an elephant of the room market. Just
people who don't know don't care. Mike national being too soft,
especially on the Treaty principles, and the public are displaying

(12:34):
their disappointment through the polls. They don't mean they will
lose the election. It doesn't mean they'll lose the election.
This is a disapprovable message, especially to Luxon. There was
one part that was completely messed up. Coming back to
that in the moment six twenty five.

Speaker 12 (12:48):
Trending now with Chemist Wells keeping Kiwi's healthy.

Speaker 3 (12:52):
All year round.

Speaker 2 (12:53):
Now the moment of truth.

Speaker 4 (12:56):
You fc fos around the world happen.

Speaker 2 (13:01):
For the average sportscape. It's another twist. This morning the
news Paramount has brought the rights to the UFC. This
is a seven year, seven point seven billion dollar deal,
which is good news for the sport because the current deal,
which is with the ESPN Americas for half a billion
dollars over five years, So the current pay per view
model is going to go. If other words, if you're
a Paramount plus customer, you're going to get the fights.

(13:22):
Is paramount plus all over the place? Not really. They're
in the US, Canada, Mexico, Argentina, Ireland, Italy, Australia, a
lot of bu as well via Sky Cinema. Not here
unless you've got a BPN who can be bothered with
a BPN. So in total, it's forty three live events,
three hundred and fifty hours of live programming, and the
problem is that it's you're not going to bep in
it here and where you're going to see it. So
the thinking is that there will be separate deals done,

(13:44):
so someone here may or may not approach Paramount plus
and cut a deal. As part of that deal. By
the way, Paramount also get a thirty day exclusive negotiating
window for each country's rights when they're up for renewal.
So that's interesting. Then we come to form the one
US this morning. Are they think at least in America,
although given it to Apple, it must be global. Apple's

(14:07):
won the rights as of twenty twenty six for the
States anyway, it's one twenty to one to fifty million
per ESPN has also got the rights that have had
since twenty eighteen. They're remaining in the mix. But ESPN's
offer apparently ninety V apples one twenty to one fifty,
so you go where the money is. Apple's already got
deals for Major League Football, as in soccer, major League baseball,

(14:30):
so they're moving into sport. ESPN's moving into sport because
they've got a massive NFL connection that's going on at
the moment. It's becoming increasingly convoluted and complex and at
times difficult to actually work out where the hell you
go to watch sport new for you in a couple
of moments, then we ask the unusual question should we

(14:50):
grow Rice.

Speaker 1 (14:53):
The Mike cos Game, We've been safeful, engaging and vital
The Mike Hosking Breakfast with a Veda, Retirement Communities, Life
Your Way, News, togsad bre.

Speaker 2 (15:04):
Couple of wikies. On last night's TV one pole one
is Labour went up four points, but it was never
explained where the four came from because the only people
who went down with the Greens who went down too,
So two of the four came from the Greens. The
other two seemed to come from nowhere. So to have
a look at the pole and add the numbers up,
I mean it all adds up, so I assume it's
within the margins, et cetera. Anyway, be that as it may.
What also wasn't pointed out is that once again the

(15:25):
government wins sixty three to fifty eight seats. So it's
all center left, center right. Whether the Labour's up or
down doesn't really matter. It's the block. Where's the block?
Is the block winning the election? Yes or no? So
the center right block the current government sixty three seats
v fifty eight. That's comfortable when and more importantly, here's
the point everyone missed. That's in the middle of winter
and the depths of despair, with all the issues going

(15:46):
on at the moment. In this general sense, the government
isn't performing particularly well. Despite all of that, they're still
winning sixty three to fifty eight. So by the time
we get to next year they gain to bolt home. Furthermore,
also not pointed out, the fifty eight to four fifty
eight six for the center left block comes with Greens
and the Maori Party. In other words, Labour can't get
close to government without both those parties. Now we know

(16:09):
the coalition on the center right works, you know, within
a margin, they're comfortable, they get on. It's functioning. Do
we know the left block can functioned at all? And
given we can't say that, there's your real issue for
next year twenty two to seven.

Speaker 1 (16:25):
In the middle.

Speaker 2 (16:26):
Even so, Europe a bit angsty at the moment over
this Alaska thing. Come Friday, they wouldn't mind a word
with Trump or Putin or Zelensky or no, just get
around the table. So more from Catherine. Shortly meantime, back
to ye is it out of left field or a
real possibility, the idea of growing rice commercially in this country.
Currently commercially we grow, of course none, but we import

(16:47):
ninety five million dollars worth, which is eighty five thousand
tons are Doctor Jacqueline Roweth, Adjunct Professor of Course at
Lincoln University, is back with us on the program Jaqueline,
good morning, good morning, night Now. So the suggestion has
been made. If you ever thought about it before, outside
of this particular suggesting you to be able thought, they'd go,
I wonder if we should grow rice.

Speaker 13 (17:04):
We look at all sorts of things in the agricultural field.
Slight pun sorry there, but looking at what we might
be able to grow more efficiently, effectively and therefore profitably
than other countries. And it's lovely to see Yuki Fakuda
and taught her at Lincoln back in the nineties thinking
innovatively like this. What she's done is go for volume.

(17:25):
I think we should be looking at value. Rice is
a two dollars a kilo crop. Is it sensible to
be trying to grow it here? And she's talking about
in the future. So she's doing exploratory work because what
will it be replacing if we can grow something that
is of more high value, we should be sticking with debt.
And in Nelson, it's probably still going to be grapes

(17:47):
for a while exactly.

Speaker 2 (17:48):
And that answers the question. Having said that, and would
we also want to grow for just purely domestic consumption,
which I assume as solving our importing problem. Would we
do that as that sensible or not?

Speaker 13 (17:58):
We always do that if it's sensible. And the question, well,
we can't compete with India, China, Indonesia at the moment
they have minimum weight, Well, they don't have minimum wages,
they don't have maternity even all of those sorts of
things or acc and their environmental compliance is not the
same as ours. So you might be saying why do

(18:19):
we buy rice? Well, at least it gives.

Speaker 2 (18:20):
Them an income, that's true. All I know about growing
rice is you need a tremendous amount of water. That
would be immediately an issue here, wouldn't it.

Speaker 13 (18:28):
Yes, you can grow it without paddy the pogging though
water underwater type system, but it is quite a high
water user. It also use is quite a bit of
nitrogen on which people forget. So would we be able
to grow without as much water as they use in
many places in China, certainly, but yet it is a

(18:48):
high use of water. But might remember we use very
little of the water that we have available in this country, Yes,
only about five percent.

Speaker 2 (18:55):
That's right. Where this came from. Partially is the climate
change thing. Is the climate change thing, in your view,
consistent enough and dramatic enough to change what's grown. And
we're in a fairly dynamic way.

Speaker 13 (19:11):
We're looking at that all the time as researchers. And
it is certainly possible to grow things like lentils or
chickpeas on the Canterbury planes, but we can't do it economically.
So periodically people trusted out and remember the Foundation for
Raroble research those where it has looked at father beans,
for instance, can we shift our production systems? But it hasn't.

(19:32):
The climate has not got warm enough for and given
us a consistent harvest season to allow us to be
able to compete with for instance Canada for peas, even
peas we can't split peas, diapees we can't do Again,
it comes back to the cost of production, which includes
the wages, environmental compliance type problems.

Speaker 2 (19:54):
Now, Jacquelin always appreciate your time and expertise. Jacqueline howth
Row with rather doctor Edge Bank, professor at Lincoln University,
eighteen minutes away from seven Husky. I can't hear the
term faber beans without thinking about Hannibal Lecter Cooperative Bank.
I'm assuming this is good news yesterday. They're replacing their
banking system. What they're looking to do is to scale
up to here we go, Nikola. You're listening, Nicola take

(20:16):
on the Big four. So it's going to happen over
the next three years. Their core technology platforms being replaced
help it innovate faster, introduce more digital features, and maybe
provide some more banking competition. Stand By, We're off to
the heat in the moment. In Europe eighteen two, the.

Speaker 1 (20:33):
Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by
News Talks.

Speaker 2 (20:38):
EP Mike Rice was growing commercially into bookie in the sixties.
While there's a fair fun fact in the morning and
obviously it's not ground there now. And what is kiwi fruit,
which was what Jacqueline was saying, you grow the stuff
that makes the money. As regards this weekend in Alaska,
here's how she's shaking down land wise.

Speaker 4 (20:56):
They've occupied some very prime territory. We're going to try
and get some of that totory back for Ukraine, but
they've taken some very prime territory. They've taken largely ocean
you know, in real estate, we called ocean front property.
That's always the most valuable property.

Speaker 14 (21:11):
International correspondence with ends and eye insurance, peace of mind
for New Zealand business like Miami.

Speaker 2 (21:18):
Let's go through Europe and France. Catherin Field, very good
morning to you, Good morning man, sort of a repeat
what we were going through a couple of months ago
when he first dipped his tone to this particular negotiation,
wasn't it Where does Europe set? What are they going
to do? Are they on the phone? Where are you
at this morning?

Speaker 15 (21:32):
Well, I think for the last couple of days, all
we've seen is this intensification of efforts across European capitals
to try and.

Speaker 6 (21:40):
Shape the outcome of this summit.

Speaker 15 (21:42):
Which has the possibility of determining Ukraine's fate. And with that,
you know, this is what it's important Europe's long term
security framework. So what we've been seeing, of course, since
that Saturday meeting between the British Foreign Secretary and the
US Vice President. We've seen a lot of running around
all these efforts by people like the German Chancellor, the President,

(22:05):
Notoseexuary General to try and get Europe a seat at
that table when the summit takes place on Friday in Alaska.
If not Europe, then try and get Zelenski to be there.
That is going to be the big thing that they're
pushing for now. What we're going to see in the
next couple of days, particularly Wednesday afternoon in Europe, Mike,

(22:26):
we're seeing virtual meetings which will be between Germany, France, Finland,
UK and goes on Nato Zelenski. That will be followed
by a meeting online meeting, virtual meeting with EU leaders,
President Trump and Dvance and after that we'll be seeing
a meeting of the Coalition of the Willing. So what
the push now is is Europe really going to be

(22:50):
coming to the table. Well, that looks like it's not
really going to happen. Will Russia be going to the
summit looking for meaningful peace efforts to become or is
it going there to divide Europe? But also just the
whole hope that you're finding out what's going to happen,
who's going to happen, and hoping that Europe doesn't get

(23:11):
sold down the river.

Speaker 2 (23:12):
Just as a vibe, the sense that something tangibly comes
out of that meeting, whether the Europe's involved or not.
In other words, they break up and go we've decided this.
What chanced that?

Speaker 15 (23:24):
You know, M just talking to people here today. They're
pretty much getting used to the idea that they're not
going to have that much input to this meeting, to
this summit, and the best they can hope is maybe
Zelensky gets to go. And the vibe is they just
do not have any leverage left.

Speaker 3 (23:45):
You don't forget.

Speaker 15 (23:45):
This is all happening at the same time as people
are trying to be nice to Trump because of the tariffs.
So it's a very difficult, crucial time for the European continent.

Speaker 2 (23:55):
But here's the interesting thing. So Putting and Trump decide
something and to go there it is, that's what we're doing.
And Zelenska obviously goes, well, no, I'm not giving that
land back. Where does Europe stand with? You want to
carry on the wall, do you? So here's some more money.
I mean, what do you do about that song.

Speaker 15 (24:09):
That's exactly it. I mean, the whole idea of European
and Ukrainians thinking anything differently than they've thought right from
the start of this conflict that Ukraine designs its territorial integrity,
Ukraine designs its own future. It is not decided by
Vladimir Putin and it's not decided by Donald Trump, and

(24:32):
they will keep putting money in there. But everyone also
knows that this war will not end until Vladimir Putin
decides it's going to end.

Speaker 2 (24:41):
Correct. Switzerland thirty nine Will we made any progress this week?

Speaker 6 (24:46):
Well, yes we have.

Speaker 15 (24:47):
Actually thirty nine cent taris announced last week for Switzerland.
What this Swiss doing now is they are in the
middle of unraveling an order to buy thirty six lockeed
Martin F thirty fives from the US. These were due
to be delivered to the Swiss Air Force sometime between
twenty twenty seven and twenty thirty. That bill, of course,

(25:11):
got thirty nine percent added on to it immediately when
those tariffs were announced. So part of this backlash following
all that is the Swiss are now going to get
back to Parliament and asked Parliament if they can ditch
this order and if they can buy European fighter jets. Spain,
of course, has already done the same. Earlier this month,

(25:32):
it had said it wasn't going to buy any of
these US made F thirty five. They're going for European
military aircraft. I mean, let's not forget these. You know,
these American made fighter jets used to be sort of
the mainstay of European security.

Speaker 6 (25:46):
Clearly not anymore. And we had earlier this year, remember.

Speaker 15 (25:49):
Portugal also stopped in order they had for US made
fighter jets. They said that America, and this was back
then America was an unreliable ally. But also they said
they were concerned that the partners such as Portugal would
be blocked from access to things like software updates, spare parts,

(26:11):
that it just wasn't in their interest to put all
their eggs in the US basket.

Speaker 2 (26:15):
All was a pleasure, Catherine, see you next week. Appreciate
it very much. He talks to us from about forty
degrees at the moment, as the heat wave settles into
that particular part of the world. Rod's feeling it two
not quite forty degrees, but nevertheless he's with us in
a couple of hours ten to seven.

Speaker 1 (26:26):
The Mike Hosking Breakfast with a Vida Retirement Communities News
togs had been as.

Speaker 2 (26:31):
You speaking of banks as there was a moment ago
I in Zeider moving on the one year fixed four
to seven nine six month, five fourteen, two year, four
eight nine, eighteen months or seven nine three years unchanged.
So we're starting to see a little bit of movement.
They're a market leader this time around. The bank is
moving the reserve bank next week this time next week, Wednesday,
next week, So that's bake den. I would have thought

(26:52):
at twenty five points. The big big question I'll come
to Kelly Echold, who Andrew referenced earlier on Kelly out
of Westpac paints are pretty and this is why the
government's going to win next year. Paints a reasonably rosy
picture on the economy. He though says neutrals at three.
I think he's wrong. Most people seem to factor in

(27:13):
two seven five are actually still say two point five.
But nevertheless, this bank a instead of moving on the
mortgage rates at the moment, and I think we can
probably expect the others to move as well as we
build up to what is next Wednesday pretty much from
the Reserve Bank's point of view. Anyway, a fatal complee
with another cut five to seven.

Speaker 1 (27:31):
Well, the ins and the outs. It's the fizz with
business tavor take your business productivity to the next level.

Speaker 2 (27:38):
And speaking which a bit of insight into our economy.
Work done by Revolute who partner with you GV tens
of thousand people that did this all over the world.
But of the kiwis who were surveyed, forty two percent
of us say the financial position's gotten worse than the
last year. Anyway's got a rates bill seen that fifty
four percent of finding it hard to manage the money.
Thirty percent count budget effectively because he is gone the

(28:01):
day it comes in. The younger key is obviously doing
it tough, as seventy one percent between the ages of
twenty five and thirty four. Sixty three percent of twenty
four and unders admit they're facing significant financial challenges. I mean,
aren't we all? I mean, what a weird survey. Are
you facing a significant challeel? Well, I mean we're all
facing significant financial challenges? Are nineteen percent? So they get
caught up in impulse spending or buying a trip, I know,

(28:23):
what do you do Thatay, I'd bought a trip overall
spinning habits. Thirty four percent cost conscious. That means you're
actively seeking ways to reduce unnecessary expenses. Sixteen percent are
extremely extremely cost conscious, so they're highly focused on minimizing
every expense, carefully evaluating each purchase, ensure it's necessary, and

(28:44):
often avoiding non essential purchases. Ten percent are prudent. I
am prudent generally stay within the budget, thoughtful decisions about spending,
although occasionally, just occasionally allowed for some unplanned purchases. Gen Z,
They got the lowest comfort levels, while millennials have the
highest comfort levels. Does that even me with comfort levels?

Speaker 16 (29:06):
With wa?

Speaker 5 (29:09):
Nice chair?

Speaker 2 (29:11):
Was that a splooge? The cheer, nice cheer comfortable? Was
that a sploog? Well know, I thought about it. I
was extremely conscientious about it.

Speaker 17 (29:18):
I didn't have a nice chair, but I've got a
nice cushion.

Speaker 8 (29:21):
Yeah.

Speaker 2 (29:21):
I couldn't afford good chair, but I had a cushion.
What are they calling it. They're calling it something like
something you know when you treat yourselves. Treatonomics, that's what
they're calling it. Treetonomics. You can't afford a bed, but
you can afford a throw. It's treetonomics. That's a thing
at the moment. Apparently Palestine, Apparently, according to our newsroom,
the world's eyes were on us. Something tells me that

(29:44):
isn't true.

Speaker 1 (29:46):
News, opinion and everything in between. The mic costing Breakfast
with Rainthrover leading by example, news togs head.

Speaker 2 (29:54):
Be So we seem to have built up ahead of
steam over recognizing Palestine. Australia looks like they'll do the
business at the United Nations next month. They join Canada
and France, possibly the UK. Phil Goff is a former
foreign minister and is with us? Phil morning? Is he
with us or not? He's gone? All right, we'll go
back to him, Phil Goff in a couple of moments.

(30:15):
We'll also look at the business of tourism in this country.
Let me come back to what I was talking about
just a couple of moments ago before the news at
seven o'clock, Kelly Echold of Westpack is calling two point
four percent growth this year, three point one percent in
twenty twenty six. So that's reasonable. Two point four percent
this year, three point one percent in twenty twenty six, inflation, unemployment.
He sees going higher before it eases, so the inflation

(30:38):
story is not over yet. Nora's unemployment so that by
point to last week needs to do some more damage
the cash rate. He sees twenty five basis points as
of next week. I think we all see that, But
he sees three percent at that's it. We're done, So
he sees one more cut. So I don't know how
he sees this. He sees growth that I don't see.

(30:59):
He sees the help from the Reserve Bank being only
twenty five bases points and that's it, and it's poised
to pick up next year better economic times on the
back of continued strong agricultural exports. I think we'd all
agree with that. He does, like most make economists, talk
about the lower interest rates affecting us all, but of
course what he doesn't then talk about is the rates
bill and the insurance bill, et cetera. Globally, the outlook

(31:21):
is not as bleak as we feared. Inflation high towards
the top of the one point three percent band, he
says house price is up three to four percent this year,
six percent next year. There's a and this is probably
the critical part that no one will pick up there's
a non trivial risk, which an interesting way of putting it,
there's a non trivial trivial risk that credit rating agencies
might stop giving us the benefit of the doubt, increasing

(31:44):
the stakes for financial management and coming years. So that's
that's your interest on your debt that we've incurred in
the last couple of years. Right, see if the phone
works film morning.

Speaker 18 (31:54):
Yeah, morning Mike, Sorry about that.

Speaker 2 (31:56):
Not a lot, no problem that all. Can't I can't
work out what the fizz is about. Say this afternoon,
we announced Palestine's a state, We recognize it to what end,
for what purpose?

Speaker 18 (32:05):
It seems a clear and strong message from New Zealand
to the Israeli government that it's moves to make life
unbearable for Palestinians and Gaza and to set annex the
West Bank are unacceptable as well as being wrong and
illegal under international law, and really reaffirms our belief that
Palestine and people have a right to a homeland of

(32:26):
their own alongside Israel. It supports the two state solution,
which New Zealand has supported and which Israel itself agreed
to more than thirty years ago. But as Penny Wong
said in Australia yesterday. I think if you don't recognize
Palestine Palestine now as an entity, it probably won't exist
for very long given what Israel is doing in the

(32:48):
Middle East at the present time.

Speaker 2 (32:50):
But given one hundred and fifty countries already recognized, it
hasn't stopped the thing, has it.

Speaker 3 (32:54):
No.

Speaker 18 (32:54):
No, Look, a measure that we should take, but by
itself doesn't resolve the appalling things that are happening in
Gaza to the Palestinian people. And that means that you know,
New Zealand should be taking doing more to back up
its works with action there as well. We talk the talk,

(33:15):
but we don't seem to have the guts to do
anything to back up what we're saying. You know, we
just saw a journalist for Al Jazeera killed, targeted and
killed deliberately by the Israelis yesterday. This on top of
you know, sixty thousand deaths, probably one hundred thousand plus injuries,
people starving. Even Trump says people are starving, and the WHO,

(33:36):
of course says no, no, it's not happening. Look, it's
time to take decisive action. This is unacceptable. New Zealanders
are outraged and the international community is outraged.

Speaker 2 (33:45):
All right, nice to talk to you. Appreciate and apologies
for the phone. Field Gold former Foreign Affairs Minister, with
us this morning, eleven minutes past seven. New data on
just what a mess we've got with gas business. New
Zealand Energy Council tells us this morning nearly half of
the gas using businesses have reduced operations, increased prices or
and or cut stuff. Immediate actions needed. But what actually
there's the question. Tina Share as the executive director of

(34:07):
Business usial on Energy Council and is with us. Good morning,
good morning. I know the major users met with Shane
Jones on Friday. Did anything come out of it? I
mean sort of going, we're running out of guess we're
running out of gas. We are running out of gas.
What do we do?

Speaker 3 (34:22):
Well?

Speaker 19 (34:22):
It's actually on Friday we had a bit of a
different format we had for the first time, I guess
your usiforum AM held with US and OPTIMI together and
it was more for.

Speaker 5 (34:32):
The smaller, medium sized users.

Speaker 19 (34:34):
So we had some major users in the room, but
let's say out of the one hundred and fifty ninety
percent was probably more your you know, brewing companies to
mato gross food producers that are producing cereal and that
sort of production, so quite a different audience and therefore
probably people that are not often heard about. The gas

(34:56):
situation idea was obviously, but the.

Speaker 2 (35:01):
Important point is it's all very well sitting around in
a room saying we're running out of gas. Is anything
that's being done about it? Can any won't do anything
about it?

Speaker 19 (35:10):
Well, there was a little bit of that that we
talked about. The problem which is well known, and often
the smaller ones are probably hit harder because they have
maybe less opportunity to get to other technologies or way
away from it. But there is there is actually some
business that can convert. So you have about forty percent

(35:32):
that don't really see it commercially viable in the next
five years, but there is also a chunk that could
convert if you do remove things like some of the
cost barriers, or if you help with infrastructure being built
and upgraded around. But the problem is that you just
mentioned the next two years. Even if they do convert

(35:54):
the next two years, something like that is not happening overnight.

Speaker 2 (35:58):
And why and when you say can book convert.

Speaker 14 (36:00):
To what.

Speaker 19 (36:02):
We have for example, biogas or for example, electricity. It's
probably the most two common things that are always discussed
when you think of conversion or or more energy efficiency production.
So you had also eka in a room, which is
promoting more energy efficiency production? And when you say what
sort of things we are discussed in terms of solutions,

(36:24):
they thinking of, you know, going on site, inspecting our business,
what are the business opportunities in terms of conversion, and
then heading in some ideas. I mean, that wasn't I
think they're also slowly thinking about potentially concessional loans, so
actually low interest loans to help business. Maybe converting.

Speaker 2 (36:48):
Cannot be blunt and suggest I'm not suggesting, I'm saying,
I'm just saying, as Devil's advocate, is this not the
price of business? I mean, if you need to convert,
you need to convert, and that's the cost of doing business,
isn't it.

Speaker 19 (37:00):
Well, no one really saw how steep this reduction is
going to be in the last two years, right. I
feel like there was a little bit of a writing
on the wool with reduction over the last let's just say,
five to ten years in sort of like a moderate level,
but not as steep as we saw it.

Speaker 2 (37:20):
Okay, all right to an appreciate Tennashire, who is with
the Business New Zealand Energy Council. Two stories on tourism
this morning, one bad, one good. Stand by fourteen past.

Speaker 1 (37:30):
The Hi like asking Breakfast Fall show podcast on iHeartRadio
powered by News Talks.

Speaker 20 (37:35):
A'd be.

Speaker 2 (37:37):
Laney Wilson after ride o'clock seventeen past seven. Perhaps not surprisingly,
having made this country the most expensive place to bring
a ship in the world, Disney Cruises have announced their
off and will not be back. They pulled the plug
on the New Zealand Australia market. The twenty five to
twenty six season is going to be the last. Jackie
Lloyd's the boss of the New Zealand Cruise Association and
is with this Jackie, very good morning to you. Can
we lay this on the doorstep of Australia and blame

(37:59):
them or is it all our fault?

Speaker 17 (38:02):
It's a little bit of a mix of both, Mike,
it's both New Zealand and Australia. I feel this time
round are.

Speaker 2 (38:07):
They as expensive as we are to come?

Speaker 17 (38:10):
And look, I'm not one hundred percent sure. We don't
have that full detail, but there is an indication that
both New Zealand and Australia within the region. The charges
that we are putting in are quite expensive. So while
New Zealand definitely is very expensive, I think Australia is
cooking at our heels a little bit.

Speaker 2 (38:27):
See. I asked the Prime Minister about this the other
day because this concerns me immeasurably given out to a situation.
He says they're working on it. Do you know that
to be true?

Speaker 17 (38:35):
Absolutely, yes, I do. We've had some really good meetings
with government. We've got some very engaged ministers with Minister Upston, Hoggard, Costello,
Meaga and also Minister Brown and we've been working really
closely with them on solutions. So it is a little
bit of a moment to sort of turn the dial,
but we are getting good steps in with government.

Speaker 2 (38:55):
If you could kill the cost and the red tape,
would it materially make a difference, Yes.

Speaker 17 (39:00):
It would. We would still need to do some additional
promotion because ships are leaving, we'll need to actually go
back out to market them to bring them back, but
definitely would make a big difference. And we've had an
indication from the line so that if we do get
things right we'll be able to see you change as
early as twenty seven twenty eight season. We're too late
for twenty six twenty seven at the moment, but it

(39:22):
would definitely make a difference.

Speaker 2 (39:23):
So there is hope because the numbers are dropping, they're
falling off a cliff.

Speaker 17 (39:27):
Yes, yes, and it doesn't sound very good, does it.
But no, there is hope. There is absolutely hope, and
we certainly have hope for Disney too. They've said that
the door is open. They're interested in coming back to
New Zealand and Australia, and we'll give their guests the
best possible experiences this summer to ensure that they have
great memories and they'll want to come back in future.

Speaker 2 (39:47):
Good fingers crossed, let's see we can get our act together. Jackielloyd,
who's the New Zealand Cruise Association. Last morning, Mike, what
are your thoughts on how long to fix your mortgage for?
And when? Hard to know what to do? Mike, He's
got no idea. This is Kelly Ekold. He's got no idea.
So wrong about the interest rates. There will be two
cuts at least, and neutral is two point five to
two point seven five twenty past seven.

Speaker 1 (40:09):
The Mic Asking Breakfast Full Show podcast on iHeartRadio powered
by Newstalks b.

Speaker 2 (40:17):
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(41:21):
leaders since the year two thousand asking now seven twenty three.
Perhaps the biggest problem I was thinking to myself yesterday
with the military style academy and the ensuing pilot report
is not the number of people who reoffended. I mean, hell,
I thought they all would, but rather the fact that
it was in the minds of too many predetermined those
who called them boot camps are in the invidious position,

(41:43):
of course, of backing the idea but not having a solution,
which is an awfully easy position to find yourself in labour.
And the Greens hate the idea, of course. It's unkind.
It doesn't involve sitting around talking about your feelings a lot.
It's not forgiving. It doesn't recognize trauma or your past.
That's why crime got so hopelessly out of controls. It
didn't the part handful of years. Their policy was to
have fewer people in prison a lot of judges with

(42:04):
massive discounts and just an overarching view that short of
some serious stuff a bitter but a smash and grab
or biffo were somewhere between teenage hijinks and lautish behavior
that a good telling off might address. Meantime, back in
the real world, we were completely sick and tired of
the garrises in the shop windows and the layabouts wandering
out of woolies with legs of lamb and slabs abear
not having paid for them. So military academies ten of

(42:25):
the worst, given a few months with rigorous oversight, hopefully
to get back out and wrapped up with support of
some expert guidance and fingers crossed a life changing experience.
Now many respects, the government were on a hiding to nothing.
I mean ten of the worst. What have they got
to lose? I mean the fact who didn't reoffend I
would have thought it was a little short of a miracle.
Those that did offend, by the way not widely reported,

(42:48):
offend it at a lesser level. And do not forget
the trial is ongoing, the guidance, the wrap around mentorship
is still in action, so there is still hope. Now,
criticism around. The cost fair enough, but like most problems,
when it's been allowed to get progressively worse, whether it's
a car, or a paint job or a kid on
the scheds, the bill goes up. This most likely won't

(43:09):
be a miracle, but it might be a dent. It
might for some actually work. It might be better than
what we've done, which is little or nothing. But you
would need an open mind to come to that. Conclusions
like liquefied natural gas can be imported and specially as
super tank is all you need support to unload it
fill you right, But I mean I don't know that.

(43:30):
And they've looked at that because Simmy and Brown when
he was Energy Minister, was busy telling us that was
it a year ago last winter, busy looking at LNG.
The problem with it is it's hideously expensive. Just back
briefly when you should fix at the moment, the question
what's your thoughts on how to fix your mortgage? At
the moment, I'm telling everyone and don't this is like
take it, don't take it, and don't blame me. I'm

(43:51):
going if you can get something with a four to
eight four seven four eight, I'd lock it up for
a couple of years. But do whatever you like, and
I agree with you, Glenn. Two five I still say
two five is neutral. Kelly's three. I don't know how
he sees it. I don't know how he justifies it.
I don't know how he gets it. Short of that
overarching the good times are coming. I just don't see

(44:12):
them shoots, mate, green shoes. Yeah, yeah, yeah, that's what
I'm saying. The green shoots are on the farm, and
everyone knows the farm's going great. But as for the
rest of us, I don't see. I certainly don't see three.
I could be happy to be wrong at two seven five,
and it is, but I think it's more two five anyway.
Here's an insight in two headlines with exactly the same report.
This is Westpax Economic Report. Two headlines. The Herald's headline,

(44:33):
US tarraff uncertainty clouds New Zealand's economic outlook. Their alternative
headline for the same story printed a different way, New
Zealand Economic outlooks strained by US terrorf uncertainty, very negative.
Radio New Zealand's headline, economy to pick up despite high inflation.
So same story, same facts, same detail. It's all in

(44:56):
how you see it? Isn't it now Bill that they
were come Christitch Stadium. We're going to have a whole
round of Super Rugby. So that's been announced. Is this
good news? What about all the people who miss out,
all the teams that aren't at their home grounds? Would
So where we go with us? Mark Robinson of the
New Zealand Rugby Union is with us directly after the News,
which is next.

Speaker 1 (45:17):
New Zealand's home for trusted news and views, the Mike
Hosking Breakfast with Bailey's real Estate altogether better across residential,
commercial and rural news talksad Be.

Speaker 2 (45:28):
I hesitate to even go here, but here goes why
would Mike New Zealand support or recognize as a sovereign
state a place run by a terrorist organization? Linda, there
comes all of these things come with the criteria, and
the criteria is that if we recognize the Palestinian state,
must not have anything to do with it. Thus you

(45:51):
then lead down the rabbit hole of futility. That is
the fact that every time the Palestinians go and have
a vote, which you will note, as history tells us,
isn't that often. But when they do have a vote,
they vote for Hamas, which would then lead you to
believe that we couldn't recognize Palestine, which would then believe
We'll go round and round in circle. So if you've
been following this as I have for forty to fifty years,

(46:11):
it's the same thing over and over and over and
over and over again. And read the Sydney Morning Herald
from yesterday with the headline I featured earlier on the program,
Basically Hamas and let ya who are in a doom
spiral never to end, and the sooner we extract ourselves
from it, given we can do nothing, change nothing, the

(46:32):
better off we are because we've got bigger fish to
fry domestically. Twenty ten minutes away from eight.

Speaker 6 (46:37):
I got a hid like I got a little lum by.

Speaker 2 (46:41):
The way, Yes, Blainey Wilson coming after eight. Look forward
to that. A little bit of bill that they will
come as Super Rugby confirms that the new Christyutch Stadium
will host around next year round eleven three days from
April twenty four to twenty six, five games under the
roof Mark Robinson's and New Cider Rugby CEO and as
with us, Mark, very good morning to you morning.

Speaker 18 (47:00):
Mite.

Speaker 2 (47:00):
It opens on the twentieth and you're kicking off on
the twenty fourth. How confident you're feeling about those numbers.

Speaker 8 (47:09):
Well, based on all the feedback we're getting out of Christich,
we're really confident. And I was down there a couple
of months ago and got a brief look through it
and it's looking fantastic. It's really an amazing facility and
a huge credit to all the people involved in it.
So you know, I think it'll bring a massive amount
of excitement into the city and the region and obviously

(47:30):
it would be great for rugby as well.

Speaker 2 (47:31):
Are you maxing out the opportunity? It is a smallish stadium,
so I mean, if you did the same thing you
need in part, you could get more people.

Speaker 8 (47:40):
Well, look, you know, we obviously acknowledged that christ Jiach
has gone through incredibly challenging time and have responded amazingly
well to what happened after the earthquakes. So this has
always been on the radar for us to want to
give back to a region that you know, frankly loves
it's rugby and has been a massive supporter of rugby
at many levels. So look, you know, we obviously considered

(48:00):
other options here, Mike, you know, in Australia in the Pacific,
but we feel this is you know, not only a
great event that at a at all levels stacks up,
but it's awfully symbolic too, given how cross it's just
going now.

Speaker 2 (48:14):
Is it a one off in that case?

Speaker 8 (48:17):
No, Look, we wouldn't roll out possibility for the future
at all. I don't know if if there's any detail
around those conversations yet, but we have a gussed through
the first one and see how that goes.

Speaker 2 (48:25):
How do you do the revenue for the people who
don't have a home game and have to go across
town or down country.

Speaker 8 (48:32):
I'll look at the compensation arrangements for that, Mike, so
that that's all cleared up. Being set out in previous
super rounds in Melbourne are well understood by all the
participants indeed.

Speaker 2 (48:42):
And it's just as funny because the league I was
thinking about the Gold Coast and Vegas and stuff, is
this kind of a thing for sports. So you take
it out and you take it to a place and
make it like a I don't know, a party, your
festival whatever.

Speaker 8 (48:54):
Yeah, I think it isn't it? You know, it's it's
proving really popular and arrange of different sports, and certainly,
you know, tourism entities that are proactive in our vision
for their region acknowledged that sport's an amazing platform to
do that, and you know, we were hopefully you know,
we've gone out recently looking to what national team are

(49:16):
All Blacks and Black Foo institutions will look like over
the next two to three years and hoping to see
great responses to that.

Speaker 2 (49:21):
In the same vein good stuff. Listen, while I've got
you this Mwonga thing, I count for the work. All
the people are angsty about it. I can't work out
what the problem is. So if you're really good, you
write your own ticket, don't you. Isn't that how it
works in the real world.

Speaker 20 (49:36):
Oh well, I haven't.

Speaker 8 (49:36):
Really you know, after we launched the news obviously, I
haven't really kept too close to what people are saying.
We're pleased, Richie's pleased, you know, the All Blacks are
pleased and being really clear around what the arrangement is
and we think it's fantastic.

Speaker 2 (49:50):
And yeah, people, he's playing in Japan and he won't
play the same and it's all different and he shouldn't
go away and come back and come away, and you
know it's just like, oh god, I just like, well,
you know, I mean we've.

Speaker 8 (50:01):
Seen, we've seen the loads of cases where that's been
proven not to be the case. And we know Richie's
a really in diligent athlete and he'll work really hard
and get back and get into formed pretty quickly. In fact,
he's an amazing form now. So you know, we're really
pleased with that. We'll move on, Mike.

Speaker 2 (50:15):
Good two from two from Argentina.

Speaker 8 (50:19):
Look where I'm taking off tomorrow night and I'm looking
forward to getting over to see Argentinian friends. I mean,
it's been interesting watching them, hasn't it. They had a
great game against the Lions, but we're less impressive against
the English. But we know they're getting.

Speaker 2 (50:29):
All the all their players back.

Speaker 8 (50:31):
They'll be really tough. But yea, hopefully we get a
couple of great performances.

Speaker 2 (50:33):
Good on, you go, well, appreciate it very much. Mike Robinson,
who's the New Zealand Rugby CEO? Was there a definitive answer?
Wasn't really a definitive answer? Wasn't It wasn't If I
was the CEO of New Zealand Rugby, and somebody like
Hosking asked me a question two from two from Argentina,
I'd say something, well, of course, what else would do
you expect? I mean, that's the answer you want, isn't
eighteen minutes away from eight pasking construction sectors bullish? Ninety

(50:54):
three percent remain confident about the industry's outlook over the
next five years. I do worry slightly about the five
year aspect of it. I mean, if you can't be
confident five I mean six months, you know, maybe maybe
not one year interesting, but five years. If you can't
be confident about your country and your industry after five years,
you may as well leave the country. Ken Art's high
annual construction confidence check. So what have we got? Medium

(51:18):
to large construction businesses? Ninety nine percent are either actively
implementing or exploring cost saving strategies, as you should be
doing all the time. Anyway, I would have thought invest
more in technology sixty eight percent, improving planning project management
forty seven percent. Only forty seven percent are looking to
hire more staff. That's your problem, I guess. Ninety four
percent said they'd been adversely affected by tariffs. How's that possible?

(51:41):
Terriiffs have only just arrived. I mean they only started
the other day. Did you sit and have a beer
on a Friday? And when I tell you what, I'll
be adversely affected by those tariffs. If somebody rings me
up and asks me, I'm going to tell them that
I think that's how that worked. Seventeen to two.

Speaker 1 (51:54):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talk.

Speaker 2 (51:59):
Said, blow me down if I'm not recommending the listener.
Darryl McLachlin writes a fantastic piece on in CEA. He
starts by saying, and it's moderately amusing, apart from being
insightful as well. NCEEA was doomed anyway. No educational framework

(52:21):
so dependent on internal assessment could remain viable in the
age of artificial intelligence. That sums it up beautifully Ministers.
He talks about how good Erica Stanford is Ministers do
not replace core components of the education system merely because
they've failed hundreds of thousands of students, an inflected profound
change on the nation's long term prosperity. It's simply not done.
Consider the agonizing decades of inaction about other known problems

(52:43):
like the broken tax system, the broken energy sector, the
inertia over fixing grocery markets. Consider the thirty plus inquiries
into OT during the past three decades, an organization that
remains horribly defective. The unspoken role of ministers is to
minimize media risk, follow official advice to conduct reviews, oversee
departmental mergers, reorganizations and rebrands to create the illusion of

(53:04):
change while leaving everything intact. If Stanford successfully reforms the
public education system, she will join a very short list
of recent ministers Cunliffe, Whoffects, Telecommunications, Joyce and Adams the
Ultra fast broadband roll out who drove meaningful change in
their portfolios. It's easier to push back against the mandarins
of the public service when confronted with their manevolence and
incompetence on a daily basis. Many social scientists, and what

(53:27):
he goes on to talk about is Kenzianism. Many social
scientists divide the post war political order into two distinct erarors.
The Kensian years low unemployment, protected economies, powerful trade unions,
extensive government ownership and high rates of progressive taxation, followed
by the neoliberal order of free markets, free trade, low

(53:48):
inflation and low taxes, which is what we're living through
at the moment, of course, And he eventually comes around
to the Labour Party. Where is the left in this
contest of ideas? In New Zealand mostly nowhere sums them
up perfectly. In the US, UK and now Australia, there
is much debate in left wing circles about abundance agenda,

(54:09):
an argument for progressive governments to solve problems of housing, transport,
energy and healthcare via improved state capacity and supply. And
to be fair at the Greens, that's what they were
talking about over the weekend at their conference, delivering more houses, infrastructure,
green energy projects rather than more welfare. So it's well well,
well worth reading because it explains very clearly the split

(54:30):
between the left and the right, and how in a
way ironically, how good Stamford is and how in the
Labour Party is, because as he says, they're basically nowhere.
If I get time today, it may not be today,
but it will be tomorrow. To make you feel really depressed,
The other thing I was reading yesterday is the Australian Superannuation. Now,
this is the answer to our problem, Key, we saber.

(54:51):
In this country, the average balance is thirty three thousand dollars, right,
thirty three thousand dollars? Now does that fund your retirement?
Of course it doesn't. Now how would the comparison b
with Australia? When I give you those numbers, you will weep.
But we need to return to tourism and some good news.
In a moment tender way.

Speaker 1 (55:09):
The mic asking breakfast with rainthrow burn news, Tom's dead b.

Speaker 2 (55:13):
Well they're serving away from it, so wal Disney and
their cruise ships are off. The good news around tourism
can be found in Queenstown new data from Skyline. They're
the Lousion gondola people. Of course, they see international louge
rides up thirty two percent, gondola rides up twenty one percent.
Danny Luke is the chief operating officer at Skyline and
is with us. Danny morning, Good morning, Mike. If you
see it, does the whole town see it? In other words,

(55:35):
as the whole race booming?

Speaker 3 (55:37):
It is?

Speaker 20 (55:37):
Yeah, we're seeing real gross down here at the moment.
The winter's the winter's being vibrant, and we've got lots
of international vizillas coming in which is great to see.

Speaker 2 (55:45):
And not being pedantic about it. But how do you
know a person on a gondolas international versus local?

Speaker 20 (55:50):
Oh, we asked them when they arrived.

Speaker 3 (55:51):
Mike.

Speaker 20 (55:52):
We've seen a lot of Australians we know, we know
they come every year for the ski season. They've had
a bit of a lack of snow this year, but
they're still coming in their drove, which is, as I said,
amazing to see.

Speaker 2 (56:02):
What's your vibe in terms of it's too busy, it's
too full.

Speaker 20 (56:07):
We don't think that. What do we think there is
We think there's room for growth here. I mean we're
investing significantly in our infrastructure at Skyland. We know other
tourism operators are doing the same. We believe there's probably
some assistance from the government required in terms of traffic congestion.
But you know there is room for growth here. We
would like to see growth and we're investing heavily for

(56:30):
the future.

Speaker 2 (56:30):
Good on you, And how does your business there compared
with your businesses and various other parts of the world.

Speaker 20 (56:38):
Well, Queen's downs a much larger property to what we
have internationally. We have six international properties, a couple in
Canada and Korea, Singapore, Malaysia. This is a large scale
gondola property, but internationally we have the Louge, which is
our flagship attraction. So it's a lot bigger here than
what we have internationally.

Speaker 2 (56:57):
And do you say, but the reason I asked the question,
do you see tourism generally booming all over the world
or is it specific to your particular part of the world.

Speaker 3 (57:07):
Now we're seeing grace.

Speaker 20 (57:08):
I've just got from Kenner actually last week, and we're
seeing record numbers in both Tromlong and Calgary where our
two sites are located, than I was in Carea and
Singapore last month. Both of those properties are putting records
on So we're seeing growth around the world tourism. Tourism
is booming.

Speaker 2 (57:24):
Were you going to look at Wales? Were you looking
at a place in Wales? Or am I making that up?

Speaker 19 (57:28):
No?

Speaker 20 (57:28):
You're not making it up. No, No, we are looking at
Wales Swansea. So we've worked on that since twenty eighteen,
so that's been a long long project making good progress.
Now we've got a really good relationship there with the
council and local community. So we hope to have a
new property in Europe and the near future.

Speaker 2 (57:46):
Fantastic. Go well, appreciate it very much, Danny Luke, who
was a co at Skyline Enterprises. So tell me why
in Calgary and in Asia and Queen Standy's seeing record
amounts of business and this country isn't seeing record amounts
of the business. What is going? I mean the ships
we mentioned earlier, on the cruise ships. We told you
it's too expensive. We just whacked charge after charge after charge,

(58:07):
rule after rule, and they've said, don't worry about it,
we won't be coming. So if you look at the numbers,
and I gave them to you the other day, if
you look at the cruise season, you go back. I
think it's two cruise seasons. We had record numbers of
cruise ships here. It was a half billion dollar industry.
Ever since then the rules have come in and we've
just seen the ship arrivals fall off a cliff. EV's
just quickly. I mentioned there's a big investment announced overnight

(58:29):
by Ford into Louisiana. They're going to build sort of
cheaper they say cheaper. Whether they're going to be able
to compete with the Chinese, I've got no idea. In fact,
I do know they're never going to be able to
compete with the Chinese anyway, So there's a price war
going on with Chinese EV's. At the moment, there's a
one hundred and twenty nine EV brands in China. One
hundred and twenty nine EV brands in China. Virtually none

(58:50):
of them are turning a profit, so they're going to
start to fall over. Even the Chinese government is worried
about this. You can now buy BYD's top selling Seagull
in China for eleven thousand dollars. Eleven thousand dollars for
a brand new car. The moment you can buy kitchen
appliances that are worth more than that, you can go
out and buy furniture that's worth more than that. You

(59:12):
are now buying a brand new car for eleven thousand dollars.
I can tell you right here, right now doesn't end
well long term in so many different ways. But nevertheless,
the moment that that becomes a reality, the entire relationship
we have with the automobile industry is changing. Dramatic fly
Lady Wilson is on her way to the country for
the first time ever. She is on the Mike Hosking

(59:33):
Breakfast after the news, which.

Speaker 1 (59:35):
Is next, setting me agenda and talking the big issues,
the mic, hosting Breakfast with a Vita, retirement, communities, life
your Way, News, togs Head, be.

Speaker 2 (59:54):
Seven Pass Takes. Lady Wilson is one of the biggest
names in country music these days. But it's the old story. Hits,
a brilliant story from living in a trailer outside the
recording studio and a guy called Luke Colmmes used to
wander buy every now and again, and that's singing right together.
These days she wins a Warchie Phil's stadium all over
the world. She's coming here for the first time next year.
Lady Wilson's with us.

Speaker 6 (01:00:14):
Good morning, Good morning to you too, Mike.

Speaker 2 (01:00:17):
Can I talk about some football with you? Because I
saw you it must have been so it was Thanksgiving,
so it must have been last November. You're at the
Cowboys the Giants NFL, The Cowboys, the Giants.

Speaker 6 (01:00:25):
That was you, right, that was us, That was us.

Speaker 16 (01:00:29):
That was insane. I think there were a lot of
people watching.

Speaker 6 (01:00:32):
I'm glad.

Speaker 16 (01:00:33):
I didn't know how many people were tuned in until I.

Speaker 2 (01:00:35):
After, because, funnily enough, just over this past weekend, I
was watching some of that Hall of Fame in Ohio
they do each year. And who has it been announced
this week is going to be performing next year at
the Hall of Fame Week? Exactly me.

Speaker 6 (01:00:52):
I am. I'm so excited to I tell you what.

Speaker 16 (01:00:55):
I've got some family members who were excited that I'm
doing some NFL things. They're like, they think I'm actually
doing something.

Speaker 5 (01:01:01):
Now.

Speaker 2 (01:01:02):
Now you're obviously at an NFL fan.

Speaker 16 (01:01:04):
I have to be because I'm marrying a man that
played in the NFL.

Speaker 2 (01:01:08):
So you talk football a lot?

Speaker 16 (01:01:10):
Yeah, we talked football a lot. I'm learning what's offense,
what's the defense? No, I love football. I love I
love the atmosphere. I love sitting around and you know,
having friends over at the house and drinking some cold
course light and uh yeah, it's I don't know, there's
an energy to it that I definitely love.

Speaker 6 (01:01:31):
It feels like a community thing.

Speaker 2 (01:01:33):
You bet. Now the tour that's took about the two
of the too is on. You'll come to New Zealand.
I'm looking at your schedule as far as I can
work out, you're pretty much on tour between now and
the end of the year. I'm assuming you take Christmas
off and then you hit New Zealand and Australia.

Speaker 6 (01:01:46):
That's right, that's right, we're coming. I'm so excited.

Speaker 16 (01:01:49):
This is my first time to New Zealand and so
I've been hearing for a while. Actually years ago at
cmafest that happens in Nashville every June, I met some
people from New Zealand and it blew my mind that
there were even country music fans over there. So it's
about time that that we make our way now.

Speaker 2 (01:02:09):
Do tell us about that, because Morgan came a couple
of years ago, and I mean he was really blown
away and they just couldn't believe how big it had got.
And Luke Holmes came last year. He said the same thing.
Does the wood get around the country community in places
like Nashville? You know that maybe what you got going
here is just a bit more global than you guys

(01:02:30):
might have realized.

Speaker 16 (01:02:31):
For sure, we all taught. Me and Luke Holmes go
way back, and so do me and Morgan. Luke used
to come over to my camper trailer where I lived,
my caravan, I think is what y'all probably call it,
and we would write music together, but we definitely communicate
about it, you know, and we're always like, hey, man,
have you been have you been there? Have you done this?
You got to go there. I'm telling you, the fans there,

(01:02:54):
they're on fire. And so I've heard nothing but great things.

Speaker 2 (01:02:58):
Now take me back a little bit, because this I
was in a campavan caravan thing, and Luke would come
by paint that picture of that caravan. I mean, were
you like down to your last dollar or was it
not quite as bad as that?

Speaker 6 (01:03:10):
It wasn't nice. It was not a nice one, I'll
tell you that, Mike. It was twenty foot long.

Speaker 16 (01:03:14):
It was a flag Staff bumper pool camper trailer caravan,
and I flooded it a few times. The floor was
starting to ride out. It had a lot of issues.
The propane would never last. There was nights I had
to sleep in jackets and coats because my furnace couldn't
keep up with.

Speaker 6 (01:03:32):
The weather in Nashville.

Speaker 16 (01:03:34):
But the funny thing is, looking back on it now,
I just I knew that I wanted to do this
so bad. I was gonna I was willing to put
up with whatever I had to put up with to
be able to do it. It didn't even cross my mind
that it was actually hard in the moment. Looking back
on it now, I'm like, dang, I did that?

Speaker 2 (01:03:54):
Did you haven't like any end date in mind? Because
there must have been difficult periods. I mean, how many
people go to it? You know, story is old as time, right,
how many people go to Nashville? I want to be discovered?
Some do, most of them don't. Was there a thought
process that maybe it was going to get a little
too hot.

Speaker 6 (01:04:10):
I knew it was gonna be hard, but.

Speaker 16 (01:04:14):
I knew I had a weird sense of peace in
my heart that this is what I was supposed to do.
I knew that I loved storytelling. I knew at nine
years old that I was going to be in Nashville
and that I was going to tell stories, And so
it was important for me to like listen, to listen
to that feeling and see it through. And so I
didn't know it was gonna look like this, but I

(01:04:36):
knew that I was going to write songs.

Speaker 6 (01:04:38):
I knew that I was going to.

Speaker 16 (01:04:39):
Tell stories, And turns out it looks even better than
I could have ever imagined.

Speaker 2 (01:04:44):
And that nine year old thing. So your family trip
to Nashville was that the tuning point, that was the
time you thought, this is what I'm going to do.

Speaker 16 (01:04:51):
Yeah, I knew at five years old when I sang
a song called Butterfly kiss Is at my kindergarten graduation
on stage, I knew that there was some about being.

Speaker 6 (01:05:00):
On stage that I really loved.

Speaker 16 (01:05:02):
And I knew that like I was a bashful little
girl and I would kind of like hide in behind
my mama's.

Speaker 6 (01:05:07):
Legs at the grocery store.

Speaker 16 (01:05:09):
But there was something about being on stage in that
spotlight where I just kind of like came to life.

Speaker 6 (01:05:13):
So I remember that feeling.

Speaker 16 (01:05:15):
But then at nine years old is when I wrote
my first song, and my parents took me to Nashville
and we went to the Grand Ole Opry, and like,
I remember who was playing specifically, I remember where I
was sitting. I remember thinking, like I'm going to be
up in that circle. And it's just crazy to think that.
I mean, even the people that I watched that night,

(01:05:36):
Bill Anderson, Crystal Gale, Little Jimmy Dickens, Jenny Sealey.

Speaker 6 (01:05:42):
Jenny Seey actually just passed away this past.

Speaker 16 (01:05:44):
Week and I got to go tell her by, and
it's just crazy to think that I was there at
nine years old and I saw her, and she was
a part of She was a part of my journey.
She was supposed to be there. I was supposed to
be there that night to watch her and to have
that seed planet to make me feel like maybe I
could do this.

Speaker 2 (01:06:04):
Okay, listen hold on that. Lanny will come back in
the mim and give you some dates with the two
next year. By the way, Landy Wilson more shortly fifteen past.

Speaker 1 (01:06:10):
Eight the Mike Hosking Breakfast Full Show podcast on I
Hunt Radio, cowed by News.

Speaker 2 (01:06:16):
Talks h be sixteen past eight of News Talks It
b Landy Wilson is our rum. I guess I wanted Landy.
I want to go back to the caravan, you know,
and Luke Combs. So when Luke Colmes is coming over,
he's around there and you're playing in right hand and stuff.
Was was he well known at that point or not?

Speaker 6 (01:06:31):
He was starting to get some buzz.

Speaker 16 (01:06:33):
He was definitely playing some kind of he had like
an underground following. I guess you could say he was
playing lots of bars and selling them out and everybody knew.
Everybody was starting to hear the name Luke Holmes. But
by then, by the time he got to town. I
had been in town probably about four or five years

(01:06:54):
before him, and I still did not really have much
going on, but I had heard him sing at a
place on Demumbrian in Nashville called tenruf Revivle, and I
remember walking up to him and I tapped him on
the shoulder while he was playing, and I said, I
want to write with you. And so he actually he
came back to Nashville. He wasn't even living there at
that time, and I was one of his very first

(01:07:16):
co writes in Nashville. So we still talk about that,
and we're like, man like, just thinking back to those
those moments. I mean, we go way back, and I'm
so proud of him.

Speaker 2 (01:07:26):
But You're sitting in the caravan and so he's starting
to make it, but you'll not yet. Do you sit
there and go, damn, damn, damn. What is it he's
got that I don't you know?

Speaker 16 (01:07:36):
It's I definitely saw people move to town and pass
me up left and right. But I still just had
this this feeling of just like, maybe I haven't lived
enough life yet to tell the kind of stories that
I'm supposed to tell to the kind of fans that
I'm going to have, and so I just tried to
remember that. Now, Don't get me wrong, there were definitely
times where I was beating my head against the wall,

(01:07:58):
being like, dang, I need a publishing so I got
to pay my bills. Man, I want a record deal.
I want to be able to do all the things
that my friends are doing. But I knew that it
was going to be worth the wait.

Speaker 2 (01:08:08):
Now tell me what happened then, because when it started
to blow up, and it did blow up, how do
you How have you handled that?

Speaker 16 (01:08:14):
Do you think the best I could?

Speaker 6 (01:08:17):
No, I think I've actually handled it pretty good.

Speaker 16 (01:08:20):
I feel like my life has completely changed, but I
still feel the same for the most part. I mean,
at the end of the day, you know, when your
life changes, you have to change different parts of your life.
That means just kind of rising to whatever that is
and just having to like level up in certain areas
of my life. And so at the end of the day,

(01:08:42):
it's it has been a whirlwind, no pun intended. But
I feel like because I've had so many years under
my belt. I've been in Nashville now for fourteen years.
I feel like all those years prepared me for this
and so I don't know what it would look like
if I didn't have those years under my belt.

Speaker 2 (01:09:02):
I mean, that's a life listen, isn't it's I think
it's true to say that the great times are better
when there have been bad times.

Speaker 5 (01:09:09):
On the way.

Speaker 6 (01:09:09):
It makes them that much sweeter.

Speaker 2 (01:09:11):
I reckon, Now listen to the thing to know about
Nashville took me through this. We had El Dean on
the program the other day. So he's got a bar. Right, now,
you've got a bar. Now. What is it about Nashville?
Is that like when you become famous the sum broker
in town, that goes right, Oh, you saw X number
of million records, so you got to have a bar?

Speaker 6 (01:09:29):
Yeah, something like that, something like that.

Speaker 16 (01:09:33):
You know, whenever I got to Nashville in twenty eleven,
there was not much of that. And I wasn't even
old enough to go down to Broadway during that time.
I was nineteen years old. But it is funny being
able to like look down the street and you see mine,
and then you see Jelly Rolls, and then you see
Al Dean's and you see Miranda's, and it's funny to

(01:09:55):
see everybody's pop up.

Speaker 6 (01:09:56):
And I'm one of them.

Speaker 2 (01:09:57):
There you go, are you hands on? By the way,
do you know what price to cock tales are at
a placers? It's just marketing.

Speaker 16 (01:10:02):
I couldn't tell you literally to the ascent, but I
have a great idea of what it is. Nashville is cheap,
but the drinks are good and they're worth every every penny, very.

Speaker 2 (01:10:13):
Very well sold. Now there seems in country music this
this camarindery. I note that I'm sure there are egos,
but everyone correct me if I'm wrong, seems genuinely happy
with everyone else's success.

Speaker 16 (01:10:24):
Honestly, for the most part, I feel like that's the
that's the vibe. It does feel like one big old family.

Speaker 6 (01:10:30):
You know.

Speaker 16 (01:10:30):
We don't get to see each other all the time.
It might be when we're on road, on the road
with each other or at award shows, but everybody's for
the most part excited for each other and lifting each
other up and encouraging each other. And you know, if
there is a bad egg here and there, they show
their colors pretty quick and we just move on and

(01:10:51):
the good ones stick together and continue lifting each other up.
And and that's what it takes. It's a community.

Speaker 2 (01:10:57):
Now, just bring me up to speak because I'm not
sure of the date, but the Grand Old Opry. Right, so,
you were there as a nine year old. You think
one day maybe I'm going to be there and anyway,
the other day you get handed by none other than
Riba McIntyre the invite to become a member of the
Grand Old Opry. So is that you already.

Speaker 6 (01:11:19):
In I'm already in it. Here's the thing.

Speaker 16 (01:11:21):
At the end of the day, you can take whatever
you want to away from me, but you can't take
away the fact that I am a Grand Old Opery.

Speaker 6 (01:11:27):
Remember that right there.

Speaker 16 (01:11:30):
That is one of the biggest accomplishments that I will
ever have. And for Riba to break the news to me,
I mean she is, she's my friend, and she has
blazed some trails for people like me, and so it's
just it's wild. I've always felt like I was a
part of the Grand O Opry family, they just didn't

(01:11:50):
know it, and so I'm glad to be officially a
part of the family.

Speaker 2 (01:11:54):
Well, we look forward to welcoming you to New Zealand,
of course for the first time in the UU. You
have great rest of the year and tour and maybe
we catch up when you hear, thank you, Lady Wilson.
She is delightful, isn't she. So it is February. There's
something to think about for Christmas. February six and eight.
So it's a Friday in a Sunday Spark in Auckland
on the sixth and Sunday the eighth at Warf Bank

(01:12:15):
Arena in christ j twenty two, the.

Speaker 1 (01:12:18):
Mike Hosking Breakfast with Bailey's Real Estate Newstalgs'd.

Speaker 2 (01:12:22):
Be fifty five years ago, a vehicle was born that
would reshape the world of luxury forever. We refer, of course,
to the fantastic rain Drover. It wasn't just an suv.
It was an entirely new idea. Basically, capability and elegance
could coexist, that a vehicle could be as at home
in a muddy trail as it was outside a five
star hotel. And from the very beginning, rain Driver Smash

(01:12:42):
had stood for something more than transportation. It's about presence
and status and quiet confidence. A name that's come to
mean refinement without compromise, elegance with purpose, A brand that
earned its place, of course in the driveways royalty and
rebels and taste makers and trailblazers alike, and in this country,
I found a home early, very very popular, embraced not
just for where it could go, but what it's said

(01:13:02):
about the people who drove it. So rain Driver never shouted,
doesn't need to because true icons don't follow trends, they
to find them. So over the decades it's remained unmistakable.
For fifty five years, rain Drover has led by example,
are available at your local range Rover dealer two day
pasking speak to the Australian Superannuation so the ASFA, the

(01:13:23):
Association of Superannuation Funds of Australia, first time ever has
projected that a thirty year old earning the median wage,
which is seventy five thousand dollars, is now on track
to retire comfortably. Never been able to say that before ever,
And so a thirty year old with the current superbalance
of thirty thousand dollars steady median income until the retirement
age of sixty seven would retire with about six hundred

(01:13:44):
and something thousand dollars in superannuation. And that's how you
solve your problem. It's done through the employer and through you.
It's compulsory on average in Australia, remembering our Ki Saber,
our average balance in this country's thirty something thousand dollars.
Average thirty three year old in Australia's got ninety thousand.
Average forty r old's got one hundred and seventy thousand,
average fifty year old three hundred thousand, average sixty year
old five hundred thousand. So it goes. So the answers

(01:14:07):
are there as we sort of continually angst about the
age and the amount and the contribution and emergency withdrawals
and all that sort of stuff. They seem to have
the answer and it's right across the taskman now News
in a couple of moments. Jd Vance, who's on holiday there,
has been working a little bit with David Lammy because
he's staying at his Grace and Favor house, which by
the way is beautiful house. Look it up, belongs to
the state. But you can hang there a few the

(01:14:28):
Foreign Minister anyway, it's all about Alaska and Saturday morning
our time, Rod little with the details in the heat Wave.

Speaker 1 (01:14:36):
Next the Breakfast show, Kiwi's trust to stay in the know,
the mic asking Breakfast with Rainthrover leading by example, News
togs headb you weird.

Speaker 2 (01:14:48):
Things out of China. Weird thing number one. A new
robot shop opened over the weekend in Beijing, and they
sell mechanical butlers that look like Elbert Einstein, among other things.
It's called robot More. They've got one hundred types of robots.
They also once you bought your robot, they offer sales,
spare parts, and maintenance. I don't know what sort of
maintenance a robot needs, but you'll be able to interact

(01:15:10):
with a big range of robots and dogs and chess players.
The dogs and chess players are also robots. It's next
to a themed restaurant, robot Mall, and you go into
the restaurant and you are served by robots, and the
food is cooked by robots. And the government is planning
a trillion one fund for AI and robot startups. Would

(01:15:31):
you buy an Albert Einstein robot? But the funny thing
about that is that's not the weirdest thing from China more.
Shortly twenty three to nine.

Speaker 14 (01:15:39):
International correspondence with ends and eye Insurance Peace of mind
for New Zealand business period.

Speaker 2 (01:15:45):
We must to use the UK go rod little.

Speaker 5 (01:15:47):
Very good morning to you mate, mate.

Speaker 2 (01:15:50):
So I'm watching them. I mean, first of all, your
security for JD. Fancy's on holiday, I mean, what a
mess that is. But then I'm watching them fishing and
is a Lammy's grace and favor which looks like a
very nice house. And they seem to get on famously
despite the fact they come from completely different political perspective.
What's the magic? What's gelling there?

Speaker 3 (01:16:09):
Jesus Christ, I think is the answer to that. They
both have a deep and abiding Christian faith. I am
not it has to be set David Lammy's greatest fan.
He has set some remarkably stupid things over the years,
but it has to be said that in his role

(01:16:30):
as Foreign Secretary, he has handled himself with a great
deal of tact and diplomacy, and he's managed to get
shade events on side. They are good friends, you know,
there's no doubting about it. They're they're achieving, fishing together
and attending Mass together, which is I think that's the

(01:16:52):
bond which is between them. Both come from poor backgrounds
and both felt like outsiders for a long while in politics,
and I think that's also helped. And it has to
be said, you know, the Trump Advance regime, though it
is flaky on foreign issues. Sometimes you can't judge where

(01:17:14):
it's going to go. It's quite pro UK. You know,
they do like Trump, dwells in the UK, and it
seems that JD. Vance's family, a Scottish and Irish I think,
also rather likes the UK.

Speaker 2 (01:17:28):
How have they handled the rather difficult part, which is
when Trump and Potent meet in Russia and they perhaps
decide something that doesn't involve really Ukraine or Europe. How
does Lammy handle that?

Speaker 3 (01:17:40):
I think that that Lammie will be making the point
that if you allow Peutin to think that he has won,
then Ukraine won't be the last, and he will continue
to make that diplomatically. But I think in the minds
of Sekir Starma and the minds of David Lammy, I

(01:18:00):
think they know that whatever they sect doesn't make the
slightest difference to what Trump and Trump, or indeed Peter
will do when they meet on Friday. It's it's just
as with the Middle East, the UK has become a
sort of irrelevance.

Speaker 2 (01:18:17):
Yeah, interesting scumbag shoplifters. I wouldn't have thought that was
necessary for the police to pop around and have a wood.

Speaker 3 (01:18:23):
It just it's so enraged me. I spoke to the shopkeeper.
This is a shopkeeper in Wrexham. You put up a
sign in his shop saying because of scumbag shopkeepers, I've
had to lock up the cabinets, so just ask for
assistance opening them. And the police cap records said you
may have offended someone offended who a shoplift. The irony,

(01:18:47):
of course, of course, being that he had been shoplifted
five times in the last year and on only one
occasion did the police bother to turn up.

Speaker 2 (01:18:56):
It's done, really, it's speaking of the police, that thing.
I've the weekend with the five hundred and twenty one arrests.
Does that play well for the government that they said
this group's illegal if you support them, are going to
do something about it. So they all turn out in
Parliament Square and they round a few of them up.
Does that play well?

Speaker 3 (01:19:11):
It plays well with a certain COULTERI the pro Israel
lobby and possibly the country at large, which is pretty
sick of these Palestinian demos. It doesn't play very well
with the left of his own party, nor with the
free speech brigade, which I suppose I'm one really that

(01:19:32):
you know, you don't knock people up for sale stuff. No,
Palasco in Action. Of course, Palestinian Action has been called
a terrorist group because of what worked criminal and terroristic
activities at British air bases. So there is that we
ought to mention that.

Speaker 2 (01:19:50):
I know the Middle East is important, and Trump and
Putin is important, but what's really important Rod, as you
would well understand as a seasoned player in this particular field,
is of course the weather. And I'm reading today that
England and England and Wales will have the best of
the sunshine. Are you having the best of the sunshine.

Speaker 3 (01:20:06):
It's absolutely cleaning down here. Maybe it's quite warm, but
I'm due to go to London in it in a
couple of days time, and I'm not looking forward to
It's going to be thirty five degrees, packed with people,
sticky and vile, and already the warnings are going out
don't go out, and oh you'll drop dead and all
that kind of stuff. We're just not cut out for

(01:20:29):
this weather, mate.

Speaker 12 (01:20:30):
No.

Speaker 2 (01:20:31):
And when you say this weather, last time we were
talking about a week ago, it was storm Floris. Of course,
So between Flori's between the heat and this allegedly is
your fourth heat wave. Is it weird or is it not?

Speaker 3 (01:20:43):
I think I don't think there's much doubt that it's
a lot hotter than I remember in my youth, a
lot hotter. And I remember the wonderful summer of nineteen
seventy six where you know, we had unbroken hot weather
and no rain whatsoever from May until September, and a
national crisis was called. The whe all loved it. But

(01:21:03):
even then the temperatures up here in the North of
England weren't getting really above twenty four to twenty five.
Now thirty four thirty five is quite regular for London
and thirty for roundabout here.

Speaker 2 (01:21:14):
All right, man, go well and we'll catch up with
you maybe from London on Thursday, Rod Little. It is
seventeen two.

Speaker 1 (01:21:20):
The Mike Asking Breakfast Fall Show podcast on iHeartRadio powered
by News Talks at.

Speaker 2 (01:21:26):
B fourteen to nine. I should tell you that on
Russian Aarrah Ali, who you might have heard of, but
it doesn't matter, because she was the homelessness Minister in Britain.
She unfortunately is no longer the homelessness Minister because she
was accused of hypocrisy over the way she handled rent
increases on how she owns in East London, so they

(01:21:46):
got a bit of angsty the various homelessness charities and
opposition politicians she goes at all times. I followed all
relevant legal requirements, but that remaining in the role would
be a distraction from the ambitious work of this government.
She ended her ten it fixed term contract in order
to sell up, which you're allowed to do. Of course,
what you're not allowed to do is in your tenants

(01:22:07):
fixed term contract saying you're going to sell up, and
you don't, and you then relist the house for rent
at a higher price within six months, and made even
worse by the fact you of the Homelessness Minister back
to China. So if you thought buying an Elberdelle Einstein
robot was slightly unusual, here's the new trend. Do you reckon?
This is a trend that would ever take off in
New Zealand. So they got unemployment issues in that particular

(01:22:29):
part of the world, particularly among the young and the
young or youth employment rate. Unemployment rates more than fourteen percent,
so some adults would rather pay to go into an
office than just be stuck at home. Hence my question,
do you think that would ever happen in New Zealand?
Do you know many New Zealand unemployed people who think,

(01:22:50):
I know, I'll give you some money and I'll go
into the office. So this guy I'm reading about, he
had a food business which fell over last year. So
in April this year he started to pay seven dollars
a day to go into a mock up office run
by a business called Pretend to Work Company.

Speaker 18 (01:23:11):
So I feel like I've been to a few of those, but.

Speaker 2 (01:23:14):
They don't call themselves Pretend to Work company. So he
goes in every day and he joins his colleagues who
are also paying seven bucks a day at the Pretend
to Work company, and they sit around and you see
these businesses in all over China at the moment, Shanghai, Nanjing, Wuhan, Sheengdu, Shanxing.
More often they look like fully functioning office officers. They've

(01:23:36):
got computers, they've got internet access, they've got meeting rooms,
they've got tea rooms. Occasionally you get some snacks and
some drinks involved, but apart from that, you just go
into the office each day to the pretend to work.
Presumably you can have meetings of course you can. You
can have a pretend meeting. That's a work company.

Speaker 9 (01:23:53):
Sounds great.

Speaker 2 (01:23:53):
Who doesn't want to have a meeting, Who doesn't want
to have a meeting, and who doesn't want to go
to work and pretend to go to work and to
pay the person at the place that you're going to
while you remain unemployed. So which is it? Which is weird?
At the robot or pretending to go to work?

Speaker 1 (01:24:06):
Ten to night the mic hosting breakfast with Veda Retirement
Communities News Togsdad.

Speaker 2 (01:24:12):
B Yeah, if you go, Mike, there are plenty of
people in the workforce in New Zealand who actually go
to work and produce nothing, Mike. And of course we
have those who go to the office to pretend to
work and get paid pretend to work sounds like every
council in New Zealand.

Speaker 16 (01:24:24):
Ever.

Speaker 2 (01:24:25):
By the way, just to round out the Australia thing,
I told you about the superannuation a couple of moments ago.
Do you know they've got the same problems that we do.
As a poll out yesterday that despite all and this
is the attitude thing, despite all the stuff around you,
interest rates are coming down inflations, the lowest it has
been in years. Blah blah blah. Everyone in Australia out
of the pole yesterday still says cost of living is
the number one worry forty one percent. Keeping the cost

(01:24:47):
of living low housing and rental accessibility is second at
ten percent. So next to no one worries about that.
Everyone's worried about the cost of living and everything's gone up.
See it's not as it's not the green grass you
think it is. The CPI. The inflo rate rose nineteen
percent over the last four years right in Australia, nineteen percent,
our wages fourteen percent. So they've gone backwards materially in

(01:25:08):
the last four years. All the stuff that we worry about,
they've got exactly the same problem across their eggs up
fifty percent, oils and fats up fifty percent, bred up
thirty percent, diry up twenty five percent, insurance up forty percent,
household fuels up thirty eight percent, automotive fuels up twenty
four percent. And here's the insight, and this is why
it's psychological. This is an economist. Consumers will basically look

(01:25:29):
at a few key anchor prices, things like utility bills,
petrol prices, groceries or rent and those things leave an
outsized impression on them. And that's why everyone worries about
the cost of living. It means one it's real, but
two you've focused in You've got your rates bill the
other day and you're thinking that's a disaster, that's a
massive increase. I can't afford it. It's dreadful, and you're

(01:25:51):
focus in on that, or your powerbil or your butter price,
that obsession we had with butter a couple of weeks ago.
If you're under forty, they say, you probably haven't seen
anything like this there where you don't understand it. Therefore
it must be dreadful. Half the respondents in another survey,
this is the NAB, the nab, the big Bank. They've
denied themselves micro treats. We're talking about this earlier on
in the program. You know, the conscientious saber slash spender.

(01:26:14):
You deny yourself micro treats. Four and ten had delayed
or made more modest holiday plans, and one and three
had delayed a medical appointments. So everything that we're sort
of anxsting about in the country at the moment is
going on across there, And that's before you get to
the fact that the medium price in a place like
Auckland at the moment is eight hundred and something thousand

(01:26:34):
dollars for a house in Australia's one point sevens twice
the price. So you go, oh, yeah, but I'm going
to be a nurse and I earned thirty percent more. Well,
you don't earn twice as much to pay for your house.
So it's interesting, isn't it. Five minutes away from nine.

Speaker 12 (01:26:45):
Trending now with Chemist ware House Great Savings every day.

Speaker 2 (01:26:56):
It's AFL Grand Final announcement time this morning and one
of the things they do at the AFL Grand Final
is they have a half time show and they do
tend to get some reasonably big names. And the name
they've announced this morning for the halftime show is Snoop
Doll and seems to turn up literally everywhere. I saw

(01:27:16):
him on the back of the bus yesterday was it
the day before, next to Martha Stewart and they were
advertising was it big lighters? They're advertising? How the hell
does any how you strike a deal when you're one
hundred and twelve like Martha Stewart and you're off your
head like Snoop Dolly, let's do a deal with the
big lighters and you end up on the back of
a bus and music and advertising book lighters. Anyway, part

(01:27:40):
of the problem with the halftime shows at the AFL
is they tend to be fairly low ren and not
that good. It is claimed, and have a listen to
this and see whether you agree, is claim that in
twenty eleven when Meat Loafs did it, this is the
worst AFL halftime show of all time. Yeah, you're thinking that,

(01:28:11):
like we are, that's not bad. It's not great, but
it's not bad. But here's the problem. If you take
the things that you're listening to now that are actually good,
which is the band and the backing singers and the
eve old meat by himself, here's what you get. He's

(01:28:47):
he's at the stage of his career at that point
clearly where it didn't matter and he had never heard
of Australia and there was money in the band council.

Speaker 10 (01:28:54):
What did he get?

Speaker 2 (01:28:55):
I do remember I was telling you I reckon twenty eleven.
It's probably when he came and saw money because of
wed him on the show twenty eleven. What was there?
Fourteen fifteen years ago. It's about righting. It roughly feels
about right to me. And he came and he's on
a walking stick, but he was full of the joys
of life. He was very nine. Was it twenty ten? Hey?

(01:29:16):
That wasn't there?

Speaker 5 (01:29:16):
Was I?

Speaker 4 (01:29:17):
Hey?

Speaker 2 (01:29:18):
Within a year, it's those my guard railty statesmen. I
do the Needi guars, Liza within a year. It's about
right anyway. He's likable guy. Old met plenty of me
for the day. Surely you can't handle anymore? Can you can?

Speaker 4 (01:29:30):
You?

Speaker 2 (01:29:31):
Can you back tomorrow? Happy Days.

Speaker 1 (01:29:36):
For more from the mic Asking Breakfast, listen live to
news talks it'd be from six am weekdays, or follow
the podcast on iHeartRadio.

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