Full Show Podcast: 12 June 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 doing real estate differently. Since
nineteen seventy three, news togs had been.

Speaker 2 (00:10):
Well, you're welcome. Turn off now if you don't like
good news, because it's coming. New deal for our wool
carpet industry, new records for food and fiber exports, new
records for people moving south. I'm looking at you, christ
to it. Jimmy Carr is in for a word and
possibly a laugh after right. Joe McKenna is in Italy,
and Rod Liddle has the best of British pullers pasking
timer past six. Welcome to the day. Hardly a surprise, really,

(00:31):
was it. Adrian looks at what Nichol is offering to
run the place packs of sad, and he's off. It's
a pathetic end to a tumultuous period in which we,
the people who paid them, deserve an awful lot better.
The fact this information on the all resignation had to
be dragged out of the bank by way of the
Official Information Act, the rules which were ignored as the
bank failed to meet deadlines, shows you just what sort
of place we're dealing with. How do you conduct yourself?

(00:52):
And how you conduct yourself is of course critical. It's
critical for all of us, even more critical the further
up the totem pole. You are nothing wrong with a
quitting if he genuinely believed the money being offered to
run the bank wasn't enough. But you do it with
some dignity. You quit, you serve out your period, you
offer reasons for you quitting, and you move on with life.
And doing it that way you give us all an

(01:13):
insight into what sort of human being you are, And
in this case you might well have been able to
give us an insight into how your organization runs. What
it's thinking is, what is the gap between the bank
and the government, What you well, why you might be right,
why they might be wrong. Doesn't have to turn into
a scrap or fall out, just a series of ad
old ideas as to why people might see things at
odds with each other. If COVID taught us nothing else,

(01:35):
it taught us the critical role of a central bank
and what sort of people run it the way Adrian
ran It is well documented, of course, in the general
view held by many as widely traversed. But the sudden
departure was another insight and why Adrian did things the
way he did. He's petulant. You don't leave out of
the blue like that, and in silence. You don't bail
on hosting an international finance conference having said you were

(01:55):
looking forward to it. It's toys and sand pits, isn't it?
With Adrian? And then offruscation from the Bank when a
few simple questions were asked. If you can't conduct yourself
and the Bank can't conduct itself with any great level
of clarity, transparency, transparency and professionalism, is it any wonder
the economy got run over the way it did. He
won't be missed, old Adrian, but you would have hoped

(02:16):
for something a bit more sophisticated. On the way out.

Speaker 1 (02:21):
News of the World in ninety seconds.

Speaker 2 (02:23):
Ignite for the British government, the Chancellor outlined this spending
priority small sneppho as they well, they've got no money.
Not the bat was holding her back.

Speaker 1 (02:31):
We are renewing Britain.

Speaker 3 (02:34):
I know that too many people in too many parts
of our country are yet to felip and the purpose
of this spending review is to change that.

Speaker 2 (02:44):
Tories not in priv This is.

Speaker 4 (02:46):
The spend now, tax later review because the right honorable
lady knows she will need to come back here in
the autumn with yet more taxes, yes, and a cruel
summer of specta await business not impressed.

Speaker 5 (03:02):
It would have been nice to hear the chance to
link all of that spending into something that means something
for the businesses of the country, and we didn't really
hear that.

Speaker 2 (03:11):
Now we did not, so you can imagine what the
Greens thought.

Speaker 3 (03:13):
From twenty twenty six. We're going to be looking at
further real terms cuts to public services at a time
when they're crying out for more investments so that we
can support the most vulnerable we can and share our
hospitals and schools have the funding that's needed.

Speaker 2 (03:27):
They also announced, by the way, an oddish sort of
deal with Gibraltar that I'll work you through very shortly.
Other matters across the wayn Island, there's still got people
on the streets causing HEAVC.

Speaker 6 (03:34):
Stop and think, ask yourselves, is the hatred something you
want to be associated with? Is this worth being prosecuted for?
Is it worth your future being put under threat?

Speaker 2 (03:46):
Speaking of HAVOC, how about LA and its curfew ain't
no shortage of back and forward either between the governor
and the president.

Speaker 7 (03:51):
Of Democracy is under assault before our eyes. This moment
we have feared has arrived. He's taking a wrecking ball,
a wrecking ball to our founding father's historic project.

Speaker 2 (04:03):
Finally some John Lennon TATPO Christie's is selling a love
letter that he sent to Cynthia Powell. Cynthia became Missus Lennon,
of course, and they had Julian together. It's all class
this letter. It includes the line I wish I was
on the way to your flat with the Sunday papers
and choices, choices and chocolates. I wish I was on
the way for the Sunday paper and choices and a throbber.

(04:23):
Oh yes, they reckon about ninety k. You can pop
that one in a frame in the poll room. That's
news of the world and local correspondents in ninety Brian Wilson,
if you've just missed the news in the last half hour.
He's passed away at the age of eighty two. Co
founder of course at the Beach Boys. Struggles of course,
with substance abuse and mental illness throughout the years. Abused
as I was telling Ryan a moment ago by his father.

(04:46):
Probably he said why he wrote the Happy Songs. Oldest
of three brothers. Born June twenty, nineteen forty two in Inglewood, California,
twelve past six.

Speaker 1 (04:57):
The Mike Hosking Breakfast Full Show PODC It's on a
half radio color by News Talks EB.

Speaker 2 (05:06):
Seems the deal's done. They got together the US and
China and London. It's fifty five percent. That's not a
new number. Lutnick says that number is not going to
change from here on in. It's thirty percent blanket for China,
twenty five on specific So a deal seems to have
been sort of fifteen per sex. Now from Devon Fund's management, Gregsmith,
A very good morning to you, more to two. These

(05:27):
net numbers are depressing, aren't they. I mean, we're still
leaving a number of people arriving isn't as great as
I mean, where are we at?

Speaker 8 (05:33):
Yeah, the party's well and truly over. So annual net
migration gain of just twenty one thousand, three hundred and
you know April, so that's down from ninety nine hundred
April twenty twenty four, well down from that peak of
one hundred and thirty five thousand in October twenty twenty three,
and it's actually below the long term average rape of
twenty seven and a half thousand, so lowest level of
my net migration since January twenty fourteen, of course outside

(05:57):
of covid Era when borders were closed, So she might
be quite right. It's a bit gram. We're potentially looking
at a net outflow situation. So you know that won't
help consumer demand or the housing market. So I suppose
you can say a little wonder the government's try and
some initiative, So this parent boosts visa designed to make
you Zeem more attractive for skill mirgrants. So Morgan arrivals

(06:18):
for the year one hundred and forty five thousand, that
was down twenty seven percent, so that compares to a
peak of two and thirty four thousand. Departures are up
fifteen percent. A little bit of good news, Mike, if
we can grab that. The brain drain of Kiwis appears
to a plateau, so forty five thousand, six hundred, but
you're still leaving in record numbers. So but yeah, hopefully
that's sort of petering out. Good news on the tourism front,

(06:41):
they might overseas visitor arrivals three point three six million
over the edit's up one hundred and seventy six thousand,
lots of coming from Ozzi Day drove the bulg of
up one hundred and fifty thousand to one point four
million trying the UK. Theales all chipped in New kivs
also traveling as well outside of New Zealand three million
on the year that Z one hundred and forty thousand,
half of which to Ozsie. So all sort of time,

(07:04):
isn't it? With the Gun announcing it wants to get
back to twenty nineteen visitor arrivals of three point eight
nine millions for about five hundred thousand away from that
and double tourism exports by twenty thirty four to around
twenty billion, So you know they've got this thirty five
million earmark to boost our I suppose appeal as it
was in the global map, so I suppose it'll be happy.
At least tourism is moving in the right direction.

Speaker 2 (07:24):
Yeah, exactly. Now where are we at with fledgers We're
doing business here or not?

Speaker 8 (07:27):
Yeah, So the've announced BACE that they've had inbound inquiries
from a number of parties, So we're in too many details. Said,
they're looking at the construction division. Of course it is
quite timeily, I've got this strategic review in a couple
of weeks time. So is this announcement designed to really
sort of gain further interest and also effectively put the
for sale sign well and truly up. Quite possibly, But yeah,

(07:48):
look it does feel like a bit of a wounded
duck at the moment. Might see sky City, they're suing
it for over three and thirty million for the convention center.
They've got the piping issue in Aussie, they've got issues
at the car park at Wellington Airports that's got concrete
d effects that's not compliant six years after opening. And
of course the big macro story the construction industry, it's
in going through one of the worst downturns in living memory. Yeah,

(08:09):
and that well, I suppose we could say and take
the alternative view. Maybe this is why there's some bidders
that we maybe we're at the bottom. Abviously going to
get more ocr cuts as well. So yeah, features they've
given a few details. They'll invoiled more in a couple
of weeks time, as mentioned, But yeah, maybe the sale
options could be quite simplistic. Of course, they've already acts
the AUSSI division, so they've got two trans Tasman divisions,

(08:29):
light building products and heavy building Materials. So yeah, it
could be quite a simple sort of story. So interesting timing,
but investors responded positively. Nonetheless, stock up ten percent. Company,
of course, has had a tough time of it for
a long time. It's less than half of the twenty
twenty one peak and less than a third of it
where it was just pre the GFC.

Speaker 2 (08:49):
So watch this space. I'm assuming these numbers on inflation
this morning are well received.

Speaker 8 (08:56):
You'll actually be mixed in terms they were initially. But
yet then this is a sort of big looks and
I think part of the reason is were factoring in
these tariffs and which have yet to really come through,
and you mentioned those on China are going to be
around fifty five percent, which is obviously quite a big number.
But if we look at May, the consume price index
rows just zero point one percent from April. That was
half of what was expected. And you inflation two point

(09:17):
four percent. Of course CPI that strips out energy and
food that was zero point one percent. That was a
third of what was expected, so your food was up.
Sheltered ticked up a little bit as well, but it
was a pretty good story. So weak energy prices a
pair on vehicles they posted the client. So the tariffs
aren't coming through just year. Invageries are being drawn down
only there's a bit of uncertain demand. White House that

(09:38):
was all over the data. JD. Barns said it was
time the Fed to cut rates, otherwise it was monetary malpractice.
Actually he's actually I supposed the newsier as well that
Trump is potentially looking at announcing a new replacement for
Power next year and sexurary Steve Vessons and the running.
Of course he's involved in those trade talks, so you
have to see where all this goes. But markets are
pricing and the Fed won't cut to at least September.

(10:00):
That seems fair enough. There's a lot of water to
pass under the tariff bridge before the ninety day pause
on China and other country's expires.

Speaker 2 (10:07):
Give me the other numbers, yeah, sure, Well.

Speaker 8 (10:09):
The Dow is up point two percent forty two nine
to five five, so positive there, but the SNP five
hundred was flat. NASAC was actually down point four percent,
so mixed. There for one hundred up point one percent,
nick A up point five five percent, ASEX two hundred
up point one percent eight five nine two. That's a
new record high. There ins x fifty we're up point
three three percent twelve six zero five. Fletchers of course

(10:30):
helped go On up thirteen dollars three thousand, three hundred
and thirty six and ounce Oil up two dollars thirty
sixty seven spot twenty six a barrel for wti Q.
We actually weak here today. So against the US we
are sixty point four Australian dollar ninety two point seven
British pound forty four point five in Japanese yen eighty
five eighty seven point three.

Speaker 2 (10:49):
Yeah, we'll go on make catch up tomorrow. Greeg Smith
Devon Funds Management past GM as in general motors four
billion increase in production in the US. So that's another
win for Trump. Now we can work out your day
when I read that, whether that's actually new money or
whether it's been announced before, and whether companies are just
going round making announcement about investing in the US just
to appeach Trump. Meantime, central bank gold buying, they've been

(11:10):
into it with alacrity, and the prices has helped as well. Anyway,
It's turns out gold now is second only to the
US dollar as the biggest reserve holding in value terms
globally speaking. So Gold's been on a tea six twenty one.
He read News Talks EDB.

Speaker 1 (11:26):
Good the Mike Asking Breakfast Full Show podcast on iHeartRadio
powered by News Talks EDB Morning.

Speaker 2 (11:34):
Mike Sjay's League Lounge was very good, Shawn Johnson's last night.
Didn't say it, but I'm glad to hear it.

Speaker 9 (11:38):
Mike.

Speaker 2 (11:39):
Who's paying for the parents' medical on the visa? Brett,
don't freak out. That's all under control. You've got to
have yourself off when you come to the country with
the parents' visa, you've got to have medical insurance for
at least a year. By the way, there's been a
vote in the Polish Parliament and Tusk, who runs the
place these days, won it. Difficulty was the presidential race.
The opposition candidate won the president's race. President has veto

(12:01):
powers a little bit of concern around that, so they
had no confidence vote in the government. This is tuss government.
He's got two hundred and forty two in a broad
coalition four hundred and sixty in the House, so he
was expected to win it, and he did. So All's well,
that ends well there for now six twenty five.

Speaker 1 (12:19):
Trending now with Chemist Wars Great Savings every.

Speaker 2 (12:24):
Day Jamie Fox new film, first since the old health
drama that brain bleed that led to the stroke. Ten
Soldier is what they're calling it. It's about a rogue
soldier teams up with the government to take down a
religious cult.

Speaker 1 (12:34):
The reason that's you in front of me right now
is because the system failed you.

Speaker 8 (12:39):
You have been beagle.

Speaker 10 (12:40):
You haven't founded that over and over.

Speaker 2 (12:42):
Again, but you have still not lost any of your work.

Speaker 4 (12:49):
I want to be afraid.

Speaker 11 (12:50):
What do you want to do? We changed things so
to take care of him years ago.

Speaker 9 (12:56):
There's a fine line between genius and a sanity him.

Speaker 10 (13:00):
He's branched out like your cancer.

Speaker 2 (13:05):
Cut off the head the bay of day.

Speaker 12 (13:07):
We slip in and we take out the percussion.

Speaker 11 (13:09):
An extreme threat requires extreme measures.

Speaker 12 (13:14):
You got one least shot.

Speaker 11 (13:16):
This is the beginning of the year.

Speaker 2 (13:19):
You can hear de Niero mile away caun't you Fox?
As the cult leader. De Niro's in the Scott East
would Rita Aura part of it as well, very skinny,
eighty six minutes. It'll be a talking point. Amazon Prime.
They've got no dates. They just say it'll be coming
out soon. Probably still busy editing it down to eighty
two eighty one eighty zero point seven GDP. We got

(13:39):
numbers coming next week. This is for Q one January,
February and March, and I know it is the middle
of June and we do it weird in this country,
but be that as it may. The forecast from B
and Z to zero point seven growth, which is encouraging.
Also interesting yesterday if you missed it, Quantus has closed
down Jetstar Asia, which once again gives you an insight
into just how it is for some people anyway in

(14:02):
some parts of the world seemingly to make money, others
are just rolling in doughlight. There's been no tomorrow, but
Quantas are struggling with Jetstar Asia, so they're closing it down.
Five hundred jobs are gone. It's Singapore based. They were
looking to add about twenty five million dollars worth of
lost the broader based Quantus books anyway, the pointers and
they got whacked by cyclone Elfred, which I would have
thought was a one off and something you get through,

(14:23):
but nevertheless they cited that as being a major problem.
Yesterday lost thirty million dollars worth of travel as a
result of that. Anyway, point being, they've got thirteen A
three twenties which they're going to redistribute around the place,
including to New Zealand. So that means I'm assuming greater
competition than the Tasman potentially and therefore a little bit
of pressure on the prices, which is good. Now, speaking
of prices, wall carpets, fantastic news. State housing in this

(14:46):
country going to get war carpets, so the wall industry
hopefully is going to feel bullish about this. Nikola willis
on this later on, and then the business of facial recognition.
It's moving now from supermarkets to big retail. We'll have
a look at this after the News which is next
as well.

Speaker 1 (15:01):
The Mike cost game in Stateful, Engaging and Vital, the
mic Asking, Breakfast with a Veda, Retirement, Communities, Life Your
Way News, togs Head be.

Speaker 2 (15:12):
Welly, Mike couldn't disagree with you more on the Adrea
and all front. He would have to be one of
the most upfront reserve bank governors in recent history of
the bank. He did a pretty good job in my opinion.
I think part of the problem in New Zealand is
the lack of financial understanding. People don't even understand what
is and what isn't the printing of money. I think
we understand what the printing of money is. The printing
of money is when you print large amounts of it,

(15:32):
hand it to the retail banks at a rate of
basically zero, and tell them to do with it whatever
they want. And then they do, and we all go
by a jet ski and then inflation arrives, and then
we get laid off our job. And then he packs
a big sad when Nicola comes along and goes, all
this money you want to run the bank is not
going to be the way it is. I think people
understand that perfectly. The migration numbers. Old Greg was a

(15:56):
bit optimistic about tourism. I'm not optimistic about tourism. I
know there was another anounce yesterday, so you can't blame
the government. So they're throwing some money at it, and
I think it's one of those things that you throw
money at it, it probably will bear fruit, certainly, hope.

Speaker 10 (16:10):
So.

Speaker 2 (16:10):
But we are nowhere near where we need to be now.
Their goal yesterday, So they've made several announcements. If you
haven't followed this, it's about thirteen and thirteen as a million.
One was really for Australia once for some of these
more far flung places that we want people to arrive at.
Currently we've got three point eight nine million, that's the
aim by twenty twenty six, and then they want to

(16:30):
eventually get to four point seven eight million. So I
mean that's exceedingly optimistic and they want to do that
by twenty thirty four. How are they're going to do
that short of just saying we are open, we are open,
we are open. I don't know, because I think there's
no question that the world is traveling. We know that
for a fact, and places like Queenstown are doing particularly well,
and that's brilliant. I've got a poll on that, by
the way, in a couple of moments. But we've just

(16:53):
not been able to get back to where we were.
Then we have and these are all released at the
same time. The Business of the Migration numbers net migrations
down to twenty one thousand, three hundred. Now the big
worry slash question is if it keeps falling. And remember
the peak was about one hundred and thirty five thousand,
and most of us, I think, agreed that that was
too much. There's too many people coming to the country

(17:15):
at that point. That's a net gain. Remember, so it's
down now from one thirty five thousand to twenty one thousand.
The question is if it keeps falling, it'll get to zero.
If it keeps falling, it'll go into negative territory. In
other words, we will become a net exporter of people.
That is a disaster, and it's driven in part by

(17:36):
the lack of desire of people now to come to
the country. The people who wanted to come to the
country have come, so demand is falling, but the number
of people leaving doesn't appear to So the annual number
out yesterday, seventy thousand, six hundred is a high, yes,
it is. What was the record nine hundred and seventy
six So it's still running at pretty much record levels.
And the biggest numbers leaving, of course the citizens of

(17:57):
New Zealand. Next largest group is Chinese, Indians and people
from the United Kingdom, and the bulk of the New
Zealanders leaving are between the years of eighteen and thirty.
It's the same old story. The point being the same
old story continues. New Zealanders are up and off, so
I don't know that we can be that optimistic about that.

(18:18):
And that's before you get to those who do stay
are all up and off from Auckland to Christchurch. And
we'll have more on that shortly twenty minutes away from seven.

Speaker 1 (18:27):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News talks.

Speaker 2 (18:32):
A b at Bailey's Real Estate being proudly one hundred
percent KEIWI owned, of course and operated. More than just
a legacy, it's their promise to you. So basically what
it means is putting people first, leading by local expertise,
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(18:53):
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Humble beginnings, which is what makes it such a great story.
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(19:15):
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Act of two thousand and eight, and to learn more
about what they can do for you and how good
that can be. Bailey's dot co dot n z Pasky.

(19:36):
Did Adrienne ll send you the text about Adrian or
very good, Mike, and the government wanted to promote tourism,
why didn't it put money into the America's cups? Not
a bad question, but two times thirteen, which is what
they've announced as a million, wouldn't have covered the America's Cup.
So I think they're looking to spend less and spread
it further. But events are a thing, There's no question
about that. So I think your point is valid. Mike

(19:56):
Ow's moving to his resort in the cock Islands, built
on Ancestral Land, entering Corkland's politics. I'll be interested to
see if that's true, Mike. The green shoots in our
economy were hidden for a couple of months. We found
them again. I reckon they're growing by spring, they may
even be flowering. I get that scence. I mean some
of the numbers we're dealing with today and the food
and fiber, and we'll talk to the Trade Minister Tod
McLay about that later on. I mean, there's certainly a

(20:16):
lot to be positive about it at the moment, Mike.
This alternative biography of all Dun's Dune's going to be interesting.
Hopefully it'll balance the Ledger with a bit of truth.
We'll see they say it's out by the end of
the year. Sixteen to two.

Speaker 1 (20:28):
International correspondence with ends and eye Insurance, Peace of mind
for New Zealand business.

Speaker 2 (20:34):
Literally we go Joever, good morning, good morning Mane. Now
the business of these referenda. I was talking to my
sister about that. She didn't vote them. As far as
I can work out, most people didn't vote because they
didn't vote. The whole thing was null and void. Is
that how this works.

Speaker 11 (20:47):
Yeah, pretty much.

Speaker 13 (20:48):
They needed a fifty percent threshold to make it legitimate.
Only around thirty percent of the voters took part in
this referendum. We had five different issues on the bellers.
I think we might have talked about that last week.
The main one was to have the length of time
required to live in Italy before applying for citizenship, reducing
that number from ten to five years. And not enough

(21:10):
people showed up, so everything was tossed out.

Speaker 2 (21:13):
Is this scene as a waste of time? Because we
have the same thing here. It's called citizens initiated referendus.
So you go around the malls and you get a
whole lot of people to sign up. If you get enough,
they verify the numbers and then you have a vote.
But the vote's non binding, and if no one turns
up and no one can be bothered, well what's the point?

Speaker 11 (21:29):
Yeah, exactly.

Speaker 13 (21:30):
I think it's a major setback though for the center
left Democratic Party and the leader Ali Schlein, particularly because
the Prime Minister Georgia Maloney was against the referendum. She
discouraged people from voting. She went to the ballot box
but didn't actually cast a ballot and what we're seeing
in the figures. Interestingly, her popularity has risen slightly in

(21:52):
the last few days. It's around around still around thirty
percent of the electorates support. But interesting too, we're seeing
some slight increase in the center left at around twenty
three and a half percent, So that's that's quite an
interesting trend.

Speaker 2 (22:08):
Well, so she's into text cuts. When we say textcuts
for the middle class, who are the middle class? And
what you to what sort of money we're talking about?

Speaker 11 (22:16):
Yeah, well what is the middle class?

Speaker 13 (22:18):
But I mean the average person in Italy is still
taking home fifteen hundred to two thousand euros a month,
which is not very much money. And she has reduced
the tax rate from around twenty six percent to twenty
four percent. She wants to do more for those people
in the middle I think they're going to need a
lot more to really get them going because a lot

(22:41):
of people, I think are still struggling economically.

Speaker 2 (22:43):
What's your top rate? Off the top of your head,
do you know, I mean, you know, if you're in
a lot, I mean, do you have a lot of Texas?
Do you have like we've got far too many We've
got like you know, fourteen, seventeen, nineteen, thirty three, thirty nine.
It just goes up and up.

Speaker 13 (22:56):
Yeah, it's pretty hard to keep track here. I wouldn't
want to name the top rate. But what is incredibly
difficult for business is if they if you want to
hire someone and put them on staff full time with
an indeterminate contract for a lengthy period of time, you
have to pay an enormous amount of tax to the
government to hire that employee. And I think that's what
really deters a lot of business growth in this country.

Speaker 2 (23:18):
I've just been taught by my research department that your
top text rate is forty three euros over seventy five thousand.
Seventy five thousand in New Zealand terms, is not a
big salary. It's in fact, it's less than the average salary,
and you're paying forty three cents. You're very heavily.

Speaker 11 (23:34):
Taxed, very heavily taxed.

Speaker 13 (23:37):
I mean, we still see a socialist center left economy
in this country. Public healthcare one hundred percent, public healthcare,
schools are free, you know, so there are a lot
of benefits for people in this country still that are
left over from the past.

Speaker 2 (23:53):
It's a fascinating thing. Isn't it, because you know my
passion for Berlusconi. How's it berl of Sconey got to
be so popular and yet you're a hoonomy is so
sent to lift.

Speaker 13 (24:02):
Yeah, you would have thought that he'd done more to
try and remove some of those old fashioned ideas, But
that certainly hasn't happened because I think that's embedded. But
we might see some more changes under the Minori government.

Speaker 2 (24:15):
So are you School holidays started yet?

Speaker 11 (24:18):
School? How days have started?

Speaker 13 (24:20):
And there's some interesting stories coming out that a growing
number of Italian parents are turning to psychologists to help
them try and get through the summer holidays because.

Speaker 11 (24:29):
They go forever. In this country.

Speaker 13 (24:30):
They go for about thirteen weeks, which is longer than
most other countries in Europe, and among working mothers, sixty
three percent say they feel exhausted during the summer holidays.

Speaker 11 (24:40):
I don't think. I don't give that there are Robinson Cruso.

Speaker 2 (24:43):
There thirteen weeks now once again I'm probing into Italian society.
But that's the same thing when your kids off for
thirteen weeks and you don't get thirteen weeks leave as
a parent, which you won't.

Speaker 11 (24:55):
What do you do well, it's incredibly difficult.

Speaker 13 (24:59):
People who have a bit extra money send the kids
off to some sort of camp in the middle of it,
some school camp. But most of them are really juggling.
And in the old days they would have had a
lot more support from the grandparents. That sort of tradition
doesn't exist anymore, so the mothers and fathers are really
juggling their jobs while trying to keep the kids busy.

Speaker 2 (25:18):
Does anyone ask the question see thirteen weeks for a
kids seems to me to be too long, right, So
the kids boored witless after about five or sex and
they're going, I've done all I want to do, And
does anyone go, why don't we spread them out, change
them about a bit or not?

Speaker 13 (25:29):
Really, I haven't seen much of a demand about that,
but maybe we should put that on the.

Speaker 2 (25:33):
Agenda exactly tell them about Peter Done. Nice to see you,
Jojoe mckinner out of itately. But remember Peter Dunn used
to come up with that idea at the end of
every summer here in New Zealand we need to shuffle
around the holidays. Because I think he was on to something.
By the way, just quickly I referenced Gibraltar. I'll talk
to Rod if I get time about it later. So
this is starma. I can't work out what Star is
trying to do. It's an anti Brixit type thing. So

(25:56):
he did that deal with the Europeans the other day.
He's done a deal with Gibraltar overnight and what they
call a fluid border. Now Gibraltar is of course British
until it isn't, which it doesn't appear to be anymore
because Gibraltar, as a result of this steal, is now
part of the Shingen border. And so if you're a
brit and you arrive in Gibraltar at the airport, you're

(26:17):
going to be handing over your passport no longer to
the British people, but to the Spanish and the EU
border guards. So he seemingly handed over the place to
the Spanish and the EU, given it was his yesterday.
So I don't know what's going on there, But more
later with Rod.

Speaker 1 (26:31):
Nine to seven the my casking breakfast with al Vida
Retirement Communities News Togstead be very.

Speaker 2 (26:37):
Good point, Myke. Tourism is not just the government sticking
in the money. Coffer and hope the ideas work. It's
a complete national import of positiveness, with the media being
included in this right down to the enthusiasm of the
entire workforce, from airline, airport workers to Uber taxi drivers
to restaurant staff and the list goes on. The government
will only help, it won't solve very good point, Mike.

Speaker 14 (26:59):
Re difference between positiveness and positivity.

Speaker 2 (27:01):
Yeah, probably. I just got back from the UK for work.
Two things that stood out. We lack confidence. We have
become too passive, waiting for things to happen instead of
making them happen. Not to mention that maybe just maybe
we're too casual. What was an endearing quality could quite
possibly be holding us back. Alex Wold on you. But
having said that, look, I'm not defending New Zealand. I've
got moments down on this country as anybody at the moment.

(27:22):
There are some shoots and there are some good stuff,
and we're all over that, and we'll talk about that
after seven and seven thirty this morning. But the attitude
at the moment sucks and we need to do something
about it. But having read as much as I do
about what's happening internationally, you've just come back from Britain.
Britain is not really a show piece of positivity and brilliant.

(27:42):
I can tell you that for nothing. Five to seven
the in and the ouse, it's the fizz with business
fiber take your business productivity to the next level. Eight
tradition of ubers lost and found. And when I say that,
that's not all the Uber drivers who canceled on you
because they couldn't be bothered. Most common items left behind
When did it happen? Will it happened at midnight when

(28:03):
you're pessed, of course, And if it wasn't midnight, it
was five am, when you're really pissed, that's well it happened.
Let's be frank. That's what boils down to, isn't it.
Auckland most forgetful, followed by Wellington, christ jeur To Hamilton
and Queenstown. Worst day, which is weird June fifteen, probably
the middle of winter. The only event I could find
was that was when the warriors lost to the storm
at going Media, so that might have had something to

(28:24):
do with it. Most commonly forgotten items laptops, keys, vape, headphones, umbrella, wallets,
purser's jewelry, watch, phone bags, backpacks, clothing hardly surprising. I
mean there's no elephants in there, no live animals. Do
you say girlfriend?

Speaker 10 (28:40):
Girl?

Speaker 2 (28:41):
Friend? And I don't know.

Speaker 14 (28:42):
It might be in the next section of the most unusual.

Speaker 2 (28:44):
Aa oh, quirky girlfriend. I'm looking for girlfriend and the
quirkiest things you No, sorry, stuff in the boot makes sense?
I guess do you want to go ten through one?
How do we do one? Ten through one? Who ranked
this quirky? We can do one through ten? Single denture?
Can you get a single ditch?

Speaker 9 (29:01):
Once?

Speaker 2 (29:01):
A single diinch? Is that a tooth row? Like the
top fit anyway? Single diinch of golf clubs? That's hardly surprising.
You're a bit piste when you put the golf clubs
in the boot and you forget about it at five
a m. In the morning. It's hardly surprising.

Speaker 10 (29:12):
Is it?

Speaker 2 (29:13):
Fishing rod? How'd you get the fishing rod into a press?
There's your first question. How did the fishing rod fit
in the press unless you had a roof rack, a
silver walkman, I mean having a walkman, Louis Vaton sunglasses,
a hip race. That's embarrassing. An entire cooked Christmas ham
in the boot? Well, once again, you're pested, aren't you.
You're off Nana's for lunch and you put the ham

(29:33):
in the bit. Oh as a ham on the boot?

Speaker 14 (29:36):
Was there a meat raffle at the golf club there
with your clubs?

Speaker 2 (29:38):
Could have been a Captain America Lego set. See that's
Jason our boss, isn't he know? In collecte Lego like Jakesbay.
Most of these things could have been Jason easily Champagne.
So you can see where there's a fall chili bit
which was full of the booze that made your pest.
See it's just drunk people in an uber. It's all.
We've discovered news for you in a couple of moments.

Speaker 1 (29:58):
News, opinion, everything in between, the mic hosting break, best
with the Defender actor the most powerful defender ever made
and news togstead be.

Speaker 2 (30:07):
Seven pas seven. So for a person who loves will
like me, we've got the very best of news this morning.
The government has a new supply agreement for woolen carpet
in state housing. Now this is good because Bremworth recently,
if you followed this, backtracked on their wool awnly policy,
which I was sad about. Anyway, the Ministry of Economic
Growth and Financial Nicola Willis's with us. Very good morning
to you.

Speaker 10 (30:24):
Good morning. It's a good news Thursday, isn't it, manch.

Speaker 2 (30:27):
It's a very good news Thursday. Is Brimworth specifically involved
in this or is this just anyone who makes wool carpet.

Speaker 5 (30:33):
Is in Well, there were a number of people who
tended for this contract. Apparently they all showed up very well.
Kyeing Aura, who are operationally in charge of this, have
told me that I'm not to talk about which supplier
has won the tender at the stage, but will look
forward to and telling you that at another date.

Speaker 2 (30:52):
Okay, numbers wise though it stacks up clearly, it really does.

Speaker 5 (30:57):
So what happened here was that kayeing Aura, like I
think lots of organizations said well, let's tender for some carpet.
We'll make it nylon only tender, and of course that
excluded Will from the table. They then restarted the tender
after they got a backlash to that, as they rightly
should have, and when Will was given the chance to

(31:17):
show up, it showed up really well. And I'm advised
that actually it's cost neutral, so there's no extra cost.
And of course it performs so well across a number
of other dimensions. So when they had given a chance
to play at the table, they won.

Speaker 2 (31:31):
See, I don't know. I don't want to point fingers here.
Was it the wool industry's fault that they didn't sell
themselves better? Was it a previous government's fault that they
excluded wool? Was it cying Ora's fault for not saying
let's see what we can do patriotically speaking? Or should
everyone take a slice of the blame.

Speaker 5 (31:49):
Well, I think over many years, many people have got
into the habit of thinking will, Oh, that's more expensive,
and so there's been a prejudice towards nylon and artificial
fees and a range of areas. And what we're doing
with our new policy is we're saying to every government agency,
wipe your minds clear of those old prejudices, and every

(32:10):
government tender where WILL could be used, we want you
to consider its use and give it a chance to compete.
Because actually, when you give it that chance, it competes
very well across a range of dimensions. It's very durable,
it's very healthy, it's very sustainable. This is a product
that is very good for new Zealand because these are
our sheep farmers. So it stacks up in terms of

(32:32):
a value proposition. So from now on, every government agency
when it does a tender, we'll have to consider WILL.
And I think that wall's going to show up really well.

Speaker 2 (32:40):
And if they don't, for whatever reason, go with wool,
is there a question asked of them overtly why not?
And they all need to come up with something specific,
like it was twenty percent too expensive or whatever.

Speaker 10 (32:53):
That's right exactly.

Speaker 5 (32:54):
So they are now required to use WILL wherever it
is practical and appropriate. For any reason they exclude WILL,
they have to set out the reasons why, and we've
put out quite a detailed procurement guideline that takes them
through how they need to do that. And my expectation
is this is going to create major opportunities for the
wool industry, because of course, wool isn't just about carpet,

(33:15):
it's about insulation, it's about acoustic panels. It's been used
in all sorts of ways. And if you've got these
big government contracts for multi billion dollar fit outs in buildings,
then that's a massive opportunity for the wool industry to
show up.

Speaker 10 (33:28):
With a new innovative product and say let's do it here.

Speaker 5 (33:31):
They do that at scale in New Zealand, they prove it,
then they can export something similar offshore. So let's do
what's good for our economy, what's good for the taxpayer,
and what's good for our farmers good.

Speaker 2 (33:41):
What's it worth in total? I mean when you say billions,
is it literally billions of dollars worth of cover.

Speaker 5 (33:48):
Millions, millions of tens of kying or again I'm being
told to be careful about all.

Speaker 2 (33:55):
We give us around number. Is it teams or hundreds
of millions of dollars? I mean it's a massive, massive.

Speaker 5 (34:00):
It's going to be tense over time. And of course
the point here is this is for the new state
houses that have been fitted out. But wherever they need
to put brand new carpet into an existing home, they're
also going to use wool.

Speaker 10 (34:12):
So this will build on itself.

Speaker 5 (34:14):
And what I hope is that private sector landlords and
others who are thinking about carpeting are listening to this
and think, well, actually we've always just defaulted to nylon.

Speaker 10 (34:24):
Maybe we should consider war too good.

Speaker 2 (34:25):
They should quick question about Adrian and or what's the
point of having rules around the Official Information Act, if
someone like the Reserve Bank doesn't play by.

Speaker 5 (34:34):
Them, well, it's my expectation that every government agency should
abide by its statutory obligations. Well they donating those under
the Official Information Act. Well, I have made clear that
I think this information could have been released earlier, that
that would have been appropriate, and I have also made
that clear to the Chairman of the Reserve Bank Board

(34:56):
Neil quickly.

Speaker 2 (34:57):
The package or got going to tell us obviously, But
do you know what it is and why did he
get paid to leave when he packed us sad?

Speaker 10 (35:06):
No, I don't.

Speaker 5 (35:07):
I have intentionally stood aside from the employment discussions that
occurred between the Reserve Bank Board and the Governor. And
it's again my expectation that any agency conducting those sorts
of discussions meet its public obligations and its legal obligations.

Speaker 10 (35:24):
And I've been assured that is the case.

Speaker 2 (35:26):
Your summation as an observer, given what we learned yesterday
as to the conduct of the Reserve Bank and adrien
Or through this whole process, is what, Well.

Speaker 5 (35:36):
It's pretty simple for me. The Reserve Bank is no
different from any other government agency in the sense that
it needs to provide value for taxpayers money, and any
idea that it somehow doesn't need to abide by the
same funding constraints that we're asking other government agencies too
is wrong. So when I entered the funding negotiation with

(35:57):
the Reserve Bank Board, I may that clear, and I
am glad that we got to an outcome where we've
got a reasonable level of funding which I'm assured is
sufficient for the Reserve Bank to do all of its
statutory jobs, but doesn't allow them to live in a
gilded palace with luxury levels.

Speaker 10 (36:13):
Of funding that would not be appropriate.

Speaker 5 (36:15):
And I think the Reserve Bank understand that, and we're
going forward together constructively.

Speaker 2 (36:20):
Good stuff. Nichol Aplic Time, Nikola Willis, Finance Minister, Minister
for Economic Growth, thirteen past seven.

Speaker 1 (36:26):
The Like Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at B.

Speaker 2 (36:33):
We'll come to the feedback on the wall in just
a couple of moments. Morgan News on the Economy. Minister
of Agriculture Tod mclay's with us after seven thirty on
the five and numbers that we've got for you now,
decent series of good numbers of lat and health as well.
I mean all over the place that we've got the
Elective boost scheme that was announced by the government while
back as an elective surgery, they've come up with or

(36:54):
produced an additional nine and a half thousand procedures. Top
of the list has been cataracts, hernias and hips. Chris
Wakeman is a colorectal and general surgeon and as with us, Chris,
very good morning to you. The public versus the private thing.
Can you explain that to us? And the angst around it?
If I need a hip, where I get it done

(37:14):
is irrelevant, isn't it? It's irrelevant, isn't it. Clearly he's
not with us. We'll come back to that in just
a couple of moments. We might always bought wall four houses.
One Reno synthetic was pushed recently as an advertising on
a recent renovation. I had to push a well known

(37:34):
company to get wool ten k for one hundred and
eighty squares of house equality. Synthetic was more. And it's
the attitude. Oh it's rental carpet, so the attitude needs
to change. It's a very good point, Mike, As you said,
losing people mostly to Australia and the ones we are
losing the skill trades people. We're in this crisis when
it comes to qualified trades people. The ones that are
left in the country are getting paid what they demand,
causing massive inflation.

Speaker 5 (37:55):
Rob.

Speaker 2 (37:56):
I'm not sure that's true, but certainly we are losing
skills and young skills to Australia. Specifically, my excellent news
on the wall carpet wall insulation made from wall as
in pink bats should be the next goal. Wall is great.
Now they have to ban the cheap plastic flooring like
the laminate and the vinyl as it's environmentally done. Real
wood is better and more sustainable. All right, let's see

(38:17):
if we can do it. Chris, you're with us. Some
seer apologies about the quality of the phone now public
the private. This is the thing that's perplexed me. If
I need a hip, where I get it done is irrelevant,
isn't it?

Speaker 15 (38:29):
Yes?

Speaker 12 (38:30):
I think so.

Speaker 2 (38:31):
So where does the ank? Where does the where does
the angst come from? I don't understand it.

Speaker 16 (38:37):
We have a I work public, an private and for
the university Attago, so a little bit of anks comes
from training. If we like yesterday I did four public
cases on my private lists, and that was great. They
were very efficient. They've got done quickly. They got done

(38:58):
by consultant surgeon. But what about in fifteen years time
when I retire, if the new surgeons coming through haven't
seen the simple stuff. The public hospitals are great for
doing complex multi surgeon procedures, but they are a dinosaur.
They're so inefficient.

Speaker 2 (39:18):
Right, you're doing them in private at the same cost
as the public. So the public pays X number of
dollars and you can cover that off. So it's not
more expensive in private than other work.

Speaker 16 (39:25):
While we as a surgeon, we and as an etheist,
as an ethodist, we actually take a discount price to
do the public stuff, so a little bit of charity.

Speaker 2 (39:35):
Work, so it's cheaper.

Speaker 12 (39:36):
That was still it's cheap.

Speaker 16 (39:38):
Well, in public we're on a feat we're on an
hour on a yearly salary. We're in private. It's a
fee for service model. But compared to my private operation,
I'm getting paid less to do public work.

Speaker 2 (39:52):
The capacity is explained by the Health Minister as there
is capacity in the private sector where there isn't capacity
in the public system is the the future and should
we have a problem. If it is, I think it
is the future.

Speaker 16 (40:06):
I think it's a lot more efficient. You can do
a lot more work. The rules on ours are not there.
With the unions, it's just so much more efficient. But
we just need to build a model where we can
train our younger surgeons, younger neathed us, so they know
how to do the simple cases as well as the
complex hard cases.

Speaker 2 (40:26):
When you look at public, is there anything obvious that
you can magic wand that would help or not?

Speaker 16 (40:33):
We need to be more flexible in public about hours.
At public, at four o'clock they start wandering around and
saying when we be finished?

Speaker 9 (40:40):
Now?

Speaker 16 (40:40):
Will you be closed in half an hour? They even
come around at one o'clock and say, it looks like
you'll finished after four four point thirty, so we won't
let you do your second case. You know, as a
color recorcision, you know, I do sort of in public
two major bower cases a day. They take four to
five hours, so you know, if I'm going slow in
the first case, they might say and do my second
case right, So that has to wake a week week

(41:03):
until the next which is just so in a fashion
you wouldn't close your factory at four o'clock if you
still had work to do.

Speaker 2 (41:07):
In a groom more interesting insight, chrispreciated pretty much. Apologies
with the phone once again, Chris Wakeman, who's christ Church
colorector and general surgeon nine and a half thousand procedures.
The reason I keep asking is that the Labor Party
keeps coming up with objections. They hate it, and as
you've just heard, it's cheaper in the private sector. They've
got capacity in the private sector. And you've just heard
how they run the public sector. And you wonder while
we got troubled seven twenty one.

Speaker 1 (41:31):
The Mike Asking Breakfast Full Show podcast on iHeartRadio call
it by News Talk ZB.

Speaker 2 (41:39):
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at seven twenty four. Federated Farmers, as part of Field
Days have done the most interesting survey. Now it's like

(42:43):
all surveys, it's a snapshot, but the numbers for one
lot are so stark alarm bell should be ringing. Now,
who would a farmer vote for? Do you think? Now?
You'd say, oh, probably national and you'd be right. Broadly.
The farming community is conservative, always has been, and that
is partly because they are their own masters, the workers,
their self reliant. They're at the cutting edge of the economy.

(43:03):
They know how life works. So National in this poll
get fifty four percent. Act get nineteen. Here is where
it gets interesting and or alarming. New Zealand first, get eight.
Only party with farmers at about the same level that
they are nationally Labor three ding ding ding ding ding
ding ding ding. How bad is that, even with a

(43:25):
margin of era, even with a massive margin of era.
Labour should be shocked at that figure. Every party, of course,
has their sweet spot. I mean some parties more overtly
say so the Greens who would vote for the Greens,
while the Ants as environmentalists or communists act serm up
market urban liberals a New Zealand first. A provincial number
might be higher than a city number for New Zealand first,
but Labor and National as major parties, should be by

(43:47):
their very nature broad based. After all, it is Labor
National and Labor National alone that will lead any given
government on any given day. You have to at least
have a half decent level of support even in your
weakest dead areas, don't you. Farming is particularly important given
where a farming nation, given the foreign receipts we get
from land, given the value of our free trade deals.
To have a major party so out of touch with

(44:11):
such a large sector strikes me as being astonishing, if
not embarrassing, if not in fact unheard off. My suspicion
is the current version of labor is particularly unpalatable, and
this is going to be their major issue next year
for all voters, in fact, not just farmers. The damage
done to this country is still fresh in most of
our minds, no more so than farmers climate obsession, special
land area designation, three waters with mari overreached, no gas,

(44:34):
more paperwork. Farmers hated it, a lot of us hated it.
But in general polls, of course, labour is still competitive
on the land. They seem, according to this to be
Pariah's at three percent. Think about it. That is a
massive hill for Hepkins and co. To climb between now
on October next year asking and we'll talk to Todd

(44:55):
McClay about the food and fiber. We're going to crack records,
more records. The other benefit of private v public mind
because there's no chance of surgery's going to be canceled
or bumped due to the emergency surgery. Did you know
about that? In public? Four o'clock everyone starts to wine.
I mean, I knew about that as a public service,
but I didn't think it helped ar out. I thought foolishly.
Public hospital was twenty four to seven. It just worked
around the clock. But clearly the unionization of the place

(45:16):
is hindering it. I'm assuming simions onto it. Next time
we get them on the program, we'll ask, obviously, But
let's get back to the good news Thursday and those
export receipts for us in a couple of moments with
the Trade Minister.

Speaker 1 (45:26):
News is next New Zealand's home for trusted news and views,
the mic Hosking Breakfast with Bailey's Real Estate doing real
estate differently since nineteen seventy three, news togs had been Mike.

Speaker 2 (45:39):
My wife is a theater nurse. Auckland private hospital said
they put through a lot more operations than public. She
said major working accidents, et cetera would be better at public. Mike,
the problem with the low risk, straightforward cases they get
referred to the private complex. Patients with comorbidities get left
in the public system. Look, I agree with all of that,
but all I'm saying is stop objecting to what clearly

(45:59):
is a tangible, sensible answer. And if you can pump
through nine and a half to ten thousand extra operations,
that's nine and a half to ten thousand people who
were on a list who are now no longer on
a list. I mean, for goodness sake, the problem solve.

Speaker 17 (46:09):
Mike.

Speaker 2 (46:09):
The trouble with public private is that it now takes
much longer to get your work done privately. I'm not
sure that's true, l because this is spare capacity. It's
not like they're bumping people off their list to take
on other people in another list. Mike, listening in Sydney,
this is a positive set of numbers that you're presenting,
fear uplifting at last. We good. I'm glad you're listening
in Sydney. Move back home for goodness sake. You see
the immigration numbers yesterday, Mike, reefarmers only forty thousand farmers

(46:32):
in the country. Despite the impact on the economy, strategically,
labor would rather ignore them. It's not a bad point.
Twenty two minutes away from a Jimmy Carr, one of
the hardest working people in the comedic business, is coming
back to the country. So we owned in Britain somewhere
at night performing so we'll get them off stage and
he's on the show after eight meantime back here. More

(46:55):
yet more good numbers around our economy, it seems Export
New Zealand think pretty much roll at the moment. Food
and fiber are on track to surpass the sixty billion
mark for the first time. That'll be three billion higher
than projected. Harts up nineteen percent to eight and a
half billion, Dairy of course, sixteen percent up to twenty
seven billion. That story is well told. Tom mcclay's the
Agriculture and Trade Minister of course, and as well it's

(47:16):
Todd Morning Field days good.

Speaker 9 (47:21):
Yeah, a great feeling yesterday, very positive. Fun is a
feeling good and we're starting to hear from a lot
of the exhibitors there that they're starting to spend some money.
So that's great for the economy.

Speaker 2 (47:31):
So that twenty percent in the budget will or is working.

Speaker 9 (47:35):
Yeah, it is. Look, I think they're still going to
be cautious and just rates have only just started to
come down and they'll be just a bit letter around
and there's a you know, international uncertainty, but I heard
a story of one farmer yesterday that bought three tractors,
said he's needed them for a long time, but this
has just helped them, and he decided to spend that
money now rather than on the back of good dairy payouts.
Pay a bit of tacks.

Speaker 2 (47:56):
Good This sixty billion, I mean, is this sheer demand?
And if it is, where's the demand coming from.

Speaker 9 (48:02):
It's a combination of three things. Yes, more demand around
the world. We're seeing Europe are very good for us
out of those free trade agreements, Southeast Asia and even
China starting to comeback quite strongly now, at least for
New Zealand exporters. Secondly, we've had a good year for
a grass growing and a lot more milk out there.

(48:23):
And then we're also seeing that in many cases starting
to go the value chain a little bit more. I'm
going to give you an example of one of those numbers,
horses up twenty percent for the first time ever. Zespury
has sold five billion dollars with a kiwi fruit around
the world. That's extra volume, but it's extra value as well.

Speaker 2 (48:41):
So the supply side of that equation, if we grew more,
planted more, did more, could we sell more or are
we at max.

Speaker 9 (48:49):
No, we could so, absolutely we could. And the reason
for that is, you know, we are a small producer
compared to the population of the world. So think of
it this way. You know, we're in India, in fact,
I think last week I had negotiators up there in India.
I met with the Indian trademan as the last week
and we said to our negotiators, get on with it.
We're very keen for a deal. If we unlock that,

(49:10):
even just half of the potential that Australia on their FDA,
we could not produce enough food for the demand in
that market. But guess what I backed my negotiators get
a better deal.

Speaker 2 (49:20):
Good is our people cognizant of all of this in
the sense who is and where are they that can
buy more land, plant more land, develop more land, do
all of that? And is that happening or not?

Speaker 9 (49:34):
Well, it's two things. We're going through a lot of
reform of planning rules and water and so on to
focus on better outcomes, not just expensive processes. And so
actually what we have the oportunity is maximize the production
on the land that we already have. But I've got
a piece of work under way that we'll be talking
about soon. That Raally says, if you can show the
same or an improved environmental or climate footprint, then why

(49:58):
shouldn't you be able to change your land, juice or
produce more. And so we've got to move away from
a situation that it says we have to, you know,
we should be producing less for a result, leaning into
technology and innovation and finding ways to be much more
productive because guess what our farmers are how we make
New Zealand Richard.

Speaker 2 (50:15):
The other part of the equation. So beef's an interesting one.
There's a lack of beef in some parts of the
world being locally produced. Therefore we fill the void. Is
there a chance that those people start producing more, whether
it's beef or dairy or whatever, and then we're a
bit stuck.

Speaker 9 (50:28):
Well, that's always going to happen a little better. I mean,
I think about a number of markets. We always compete locally.
What happens is we don't often compete on price. So
if I take the EU market or the Chinese market,
we generally are at a higher price point in that
market than their producers are, So that means we're not
competing unfairly. But I was talking to one of our

(50:49):
big exporters yesterday. We launched a grass fed certification and
standard that says the New Zealand government put a stamp
on your product dairy or red meat to say as
grass because we know in a number of markets around
the world those consumers are willing to pay more. They
told me with everything going on in the US, their
grass fed brand just has the greatest amount of growth

(51:11):
of any of their products ever there. And it's across
the board. So even if we do face competition elsewhere,
that high quality, safe reputation that we have, you know,
backing that up will mean that actually we can weather
the odd storm.

Speaker 2 (51:22):
Good related matters your thing on key we saber and
opening it up to farms and stock and stuff. Where
are you at with that?

Speaker 12 (51:29):
Yeah?

Speaker 9 (51:29):
It works works underweight certainly on that. That was a
commitment we made before the election. We've sort of been
chunking through the very long list of things that we
committed to doing for the primary sect. There are and
some of the ones who are most important holding them back.
But I would expect we'll have more to say before
the end of the year.

Speaker 2 (51:45):
Good stuff. Appreciate your time. Tom McLay, who's the Egg
and Trade Minister with us this morning at seventeens.

Speaker 1 (51:49):
Away Cool the mic Asking Breakfast Full Show podcast on
iHeartRadio now ad By News Talks.

Speaker 12 (51:57):
It'd be.

Speaker 2 (51:59):
Text reminder of an article from yesterday, Mike, I only
our prime minister talk to us like Todd does. Richard
Prebble's piece yesterday, well Worth reading It might be today,
I can't remember anyway, well Worth reading and he concludes
he sees potentially the next election as a landslide to
the government if Luxon gets his act together, and he
sums it up very nicely, he needs to stop managing

(52:20):
and start leading. I thought that was a good way
of putting it. And he came to us. Well came
to the article from the point of having run campaigns,
not just being a politician, but having run campaigns for
back down the Labor Party. By the way, Canterbury Amp
reported back as in the Agriculture and Pastoral Show, which
we've talked about a bit on the program, David Carter
does it these days, well known Canterbury name, former politician,

(52:41):
of course, and the whole thing was going under and
then they got an ejection for the council a million.
They've got to pay back in four million on a
long term this sort of deal. Anyway, they're reported back
on last year's AMP show, which was a downsized version
of what it should be could be, and they said
things are great and we'll be scaling back up this year.
So things in that particular area good and we'll come
back to that in just a couple of money. It's
because everyone's moving to christ Dutch, of course, and that's

(53:02):
a fact because we got those numbers out yesterday, Mike.
Given we could sell more products, it's a shame so
much productive lands now growing in pine trees. Andy. That's
a very good point you make. But then having said that,
and people text me all the time about this, if
you're growing and it's great to talk about carpon wool,
but if you're growing sheep and it's strong wool you're doing,
you're not getting much money for the strong wool. And

(53:22):
then all of a sudden somebody comes along and goes,
i'll pay you X number of dollars for three hundred
and sixty seven hectares and you're going to plant some
trees and it you'll take the dough and that is
the complexity of the argument. And that's before you get
to the actual climate side of the equation. And when
you're signed up to Paris and you're committed to being
carbon zero by twenty fifty and the easiest thing you
can possibly do is have some trees planted. Then you're

(53:43):
going to plant some trees. As we discussed on the
program the other day, council in Queenstown, and I'm hearing
increasing stories about queens and I've got to get back
down there. Haven't been there for a little while, but
I'm sure increasingly hearing stories of Queenstown. Tourists love it.
Place is over full, doesn't function well anymore, and we're
on the verge of blowing it. So they do a
survey the local council, seventeen percent support from the locals.

(54:07):
Seventeen percent think they're doing a good job. So do
the math and work out how many don't. So that's
down from forty four. So even forty four a year
ago wasn't that flash. It's gone from forty four to seventeen.
So what are we not liking? Traffic congestion, increasing tourism,
infrastructure pressure. So the increasing tourism is always going to
be a thing. We can't get around it. Stop moaning
about it. We make a lot of money from it.

(54:27):
You just got to put up with it. That's life,
cows and tourism, traffic, congestion, I get the infrastructure pressure
I get as well, so that because we're not dovetailing
this stuff, small towns don't have a rating base to
be able to cope with all the people who want
to come to that particular part of the world. Sixteen
percent agree the council created long term solutions, so virtually
no one. Seventeen percent said the council made decisions in

(54:51):
the district's best interest, so virtually no one. Twenty three
percent were satisfied with call services like roading, waterways, and
the majority not. So you're always going to get I
suspective a council goes out and go, hey, what do
you think of us? You're always going to get a
negative response because that's how people are. But these numbers
that I would have thought, and the Jewel and the Crown,
as far as tourism is concerned, as a massive wake
up call so to the business of people moving to

(55:12):
christ Church and the South in general. These census numbers
yesterday are amazing. So more in a moment, tend away.

Speaker 1 (55:19):
The Mike Hosking Breakfast with the Defender, Octurn News Tokstad
b Loto.

Speaker 2 (55:24):
It is seven away from eight. South Island is a magnet.
New data twenty three from twenty twenty three that census
shift south is real and speak eighty five thousand people
moved south. Of those eighty five thousand, forty thousand moved
to the Canterbury region alone Auckland net migration loss of
fifty thousand people over five years. So that's material, It's real.

(55:48):
Ali Adams is the CEO of christ jurchen Z and
is with us.

Speaker 12 (55:51):
Ali Morning, Good morning, how are you.

Speaker 2 (55:54):
I'm very well and it speaks volumes. Isn't it a
sort of christ Church is a build it and they
will come story? Isn't it?

Speaker 17 (56:00):
Look it's remarkable. I think I feel very privileged to
be able to promote this brilliant city at this fantastic time.
We've got incredible assets and people are really realizing that
you really can have it all in christ Church. You
can have a brilliant career around a brilliant life in.

Speaker 2 (56:16):
Christ Church and the regency, the education minister was and
sell them the other day announcing new schools. Is it
sort of spread or are you going to have some
infrastructural issues there eventually.

Speaker 17 (56:26):
Look, I'm not the best person to answer that. I'm
fortunate enough to work in the christ Church City region.
Our infrastructure there obviously because of the challenges that came
from the earthquake and that was a terrible time. But
mean that our infrastructure actually is in pretty good shape,
particularly from a city attraction perspective. So we have obviously

(56:47):
the stadium coming online next year, but also we've got
incredible things like the new Pataciori Metro Sports facility, We've
got the new Court Theater. We've got a pretty incredible
infrastructure that makes us a real magnet and able to
attract things like major events like supercars and things that
we just wouldn't be able to get otherwise.

Speaker 2 (57:03):
At the risk of making a complete press of myself,
are you a new immigrant or a new issue immigrant, You're.

Speaker 17 (57:10):
Not making you proud of yourself in it. I've got
probably one of those maxeduptacks. And I'm not Newish. No,
I came over in two thousand and three.

Speaker 2 (57:16):
Okay, what I'm saying is you haven't been here your
whole life, so you're seeing the country from relatively new eyes.
What's your impression of it.

Speaker 17 (57:24):
Look I think christ Church is remarkable. I think that
I would call it a real Goldilock city. There's not
many places like it in the world, where you know,
I mean to be twenty minutes from an international airport,
to be able to the old classic cliche surf in
the morning and ski in the afternoon. It is the
best place in the world to bring up kids, and
I brought my children up here. It is just an

(57:46):
incredible city. One of the things that is really worth mentioning.
I mean, I was not young when I came here,
but actually one of the things in this latest census
is that a lot of the people that are coming
down from the North Island are young. Forty three percent
of those coming from Auckland are in the fifteen to
twenty four age bracket. And for me, that's the most
exciting thing as an economic developer, because that means people
are coming down here to study and they're going to

(58:08):
stay here and really contribute to our ongoing economy. They're
either going to start businesses or get into our workforce
and that to me is really exciting.

Speaker 2 (58:16):
So do you think this is a fed as in
for the next few years everyone goes, Oh Christ, it's
so exciting, or do you think this is this is
long term, this is a this is a a thing.

Speaker 17 (58:26):
I think this is the thing. I mean, cities do
go in cycles, we all know that, but actually I
think christ Church as unique assets are not going anywhere.
So it's just a little bit like people have discovered
what the tourists have known for a long time, which
is that this place is pretty special.

Speaker 2 (58:44):
I can speak to from experience early Ellie appreciate it.
Ellie Adams, who's the cheap executive officer of christ Church
in Zen, not the whole place. It's not like she's
the mirror or the boss, and it's just that's the
name of the business. Mike, I think you need to
jump on the migration bend waging to christ It's not
sure if you've considered Colin, do you not listen to
the program? And I regunizing no one has talked more
often about moving to christ Church than I have. And

(59:06):
the interesting thing about those numbers when they came out
yesterday and I saw them, is I was kind of
embarrassed because I'm one of those people who goes tell
you what I'm doing, tell you what I'm doing. I'm
going to Christich. Yeah, no worries and all you already have.
And I'm still sitting in the same place going I
tell you what, I'm still considering going to Christich, and
you're going to come on, mate, stop talking about it
and actually do something about it. There are astonishing numbers

(59:28):
when you think about it. Auckland should be embarrassed. Fifty
thousand people have got up and left. Numbers don't lie.
Jimmy Carr is with us after the News, which is
next to your news talks.

Speaker 8 (59:42):
So you to get there, then let's lead over.

Speaker 10 (59:46):
We can Daz, we can ds.

Speaker 1 (59:48):
No setting the agenda and talking the big issues, the
mic haring, Breakfast with Alveda, Retirement, Communities, Life your Way,
News togs had.

Speaker 2 (59:58):
Been a seven past. Jimmy khm he is coming back.
I got some headlines last time he was here. He
did an earthquake joke and christ Jury. He called him
the cargo at the end of the World. He called
everyone from Hark's play in Brint. That tour globally went
on to sell one point two million tickets, so it's
not like we don't like it. The new tour is
called laughs funny how Jimmy Cara is on the road
in Britain currently and is with us.

Speaker 12 (01:00:19):
Good morning, well, good evening. Obviously I'm phoning from the
future of the past. Are you a head or behind?
I know, I know you're so far away that this
is ridiculous. It's morning there, right.

Speaker 2 (01:00:31):
And you will day. It is morning here, and you
will You'll be coming our way. Do I have you
in Basingstoke?

Speaker 12 (01:00:37):
I just left Basis, Okay, I just did a show
and it was fantastic fun I'm coming to New Zealand
obviously that's the reason I'm calling, but just to check
in with you. How's things down there. It's one of
my favorite thing. Every three years I get to come
and I basically miss winter. I get to come down
to New Zealand in January. It's like the perfect time.

Speaker 2 (01:00:57):
Good well, we're looking forward to seeing you talk to
me about your work ethic. I've got you in bazing Stoke,
Kroyd and Great Melvin, couple of shows there. I've got
you in Feoreom, I've got you in Aylesbury, got you
in Canterbury and you still haven't even left Britain. I've
got you on the television. I've got you to talk
big pitch for Netflix. Do you ever stop working?

Speaker 12 (01:01:16):
Well, I mean, look, this is show business. There'll be
people listening to this with proper jobs that put in
a shift. There'll be people digging ditches with some headphones
in going Oh, he stands up? Does he? He stands
up for two hours a night and tells jokes, Ah
the putt? Is there a go fund me? Can we
help this poor preacher? It's like, it's such a joyful thing.

(01:01:37):
My issue with life is work is more fun than fun.
Like if I have a night off, what am I doing?
I'm sitting at home, Adam Mattie. If they come out
and do a show, it's such a joyful thing, and
so much of it is kind of interactive as well
these days, like I write the show like I bother
writing the jokes and go, look that's a solid sort

(01:01:58):
of two hundred jokes in a row. I've got Fastball
are like a short, punchy joke, right. I like the
chatting to people and traveling the world. It's just it's joyful.
So I work as much as I possibly can. I
also think I do have a propensity to get canceled
once in a while, so you never know when your
last one's going to be.

Speaker 2 (01:02:15):
What's your read on being canceled at the moment? I
feel that the times they are are changing and we're
returning to a level of normality. Is that fear or not?

Speaker 12 (01:02:27):
I think it was always pretty normal. I think we
came up with a new word, a new a new phrase,
and it was something to hang a newspaper story on.
But there was always the thing of like you got dragged.
It used to be called getting dragged in the papers sometimes.
I mean, the worst it ever gets for me is
sometimes I tell a joke and some people don't like it.

(01:02:47):
You've got to right size that right, You've got to
see it in people real problems in the world. And
I'm not for everyone and edgy jokes. There's you know,
there's there's there's limits on it. You know, some some
times it's not for everyone. So I respect that it's
part of the part of the job. But the whole
cancel culture thing is you go well as long as

(01:03:08):
you don't get canceled by your own audience. I think
your golden it's not the new burning books, I think,
and it's actually it's something that I think we miss
in our culture is the there's like we shouldn't have
laws saying what we can and what we can't say.
I'm a big advocate for freedom of speech. It should
never be you can't say that, But what we're missing

(01:03:29):
is a mustn't.

Speaker 2 (01:03:32):
Couldn't agree with you more. As far as your jokesphuse,
I watched the other day. There's big picture is that
I've only seen one correct me if I'm wrong. I
think there's only one out. Has that gone well?

Speaker 12 (01:03:43):
I mean I think so the check didn't bounce? What
do you want from me? That was like we did
a fun Netflix has got a YouTube channel called Netflix
is a Joke, and I think they wanted to do
some original content for that. So they asked me to
do a podcast. Very nice and it was kind of
Me and some friends got together, people pitch me movie

(01:04:05):
ideas and we kind of it's sort of like a
I don't I do a lot of improv with the audience.
I don't often get to do improv with other comics
one on one. Normally it's on panel shows and things.
So it's a really fun thing to do. So there's
some fun episodes of it. I mean, judge for yourself.
There's so much content out there now. I sort of
think if you see something that you're not enjoying, it's
your fault.

Speaker 2 (01:04:25):
Yeah, that's true.

Speaker 12 (01:04:26):
Like it, if you watch anything you don't enjoy for
more than five minutes, it's really buyer beware.

Speaker 10 (01:04:31):
Yeah.

Speaker 2 (01:04:31):
I couldn't agree more. See, that's why I'm asking the
question because I'm looking at the first episode and it's
it's because you've got to show with your jokes, and yes,
you interact with the audience, and I get all of that,
but you know where you're eight. You know where your
starting point is, your funny lines, your hive, your arc,
whatever you want to call it. This big pitch thing.
You're working hard, you're sort of you're improving with the guests.
The whole way. It seemed like hard work, fun but

(01:04:54):
hard work.

Speaker 12 (01:04:56):
I don't know, I think kind of it's your in
that mind space. It's a really fun thing. It's really
something to kind of be able to turn that on
and be you know, kind of spontaneous and funny and
and kind of I don't know, I think funny is
a lot of the time. I don't know how you
would define comedy. I think probably the best I could

(01:05:17):
do for you is to say it's deviation from expectations.
That's not what comedy is, right, Yeah, it's a it's
a everything's a misdirect. So when you get into that
framework where you're seeing the world like that, so whenever
whenever something comes up, you're kind of you're messing around,
You're giving your mind something to do. So for me,

(01:05:39):
it's been very much kind of the antidote to anxiety.
I think this is the way I think about mental health.
I think right, depression is when you're thinking about the past,
and anxieties when you think about the future. And I've
got a propensity to be a little bit anxious. I
worry about things that haven't happened yet, but it's almost
like there aren't enough problems for me to worry about,

(01:06:00):
so I get ahead of myself and actually, if I've
got jokes and things to do and stuff to think
about writing, it takes care of that. I just kind
of busy myself with it. It's interesting, seems to be
for me to kind of secure for anxiety.

Speaker 2 (01:06:11):
Because I watched a bit of the you know, the
Eldis and Heyman thing. I don't know when that was,
was that last week into the weekend before, and you
talked a bit about depression and stuff like that, so
that it seems to be almost medicinal. Is that what
you were trying to say?

Speaker 12 (01:06:25):
Yeah, so I think it's a really healthy way to
be and everything that people are interested in doing right,
whether it's coming to see a comedy show live or
going to see a big rock concert or a play
or a football match. People want to go and watch
play and it's performative going to see stuff. The illusion
is the person on stage is the only person playing,

(01:06:46):
but everyone's playing. We're playing a role in that. It's
a performative thing to go and see a show, and
that seems to be the thing that we lose as
we get older. People play less and getting in that
headspace where you're playing is just for any job, It
doesn't matter how serious your job.

Speaker 2 (01:07:00):
Does success dubtail into that for you? So in other words,
do you need to be successful or is the therapy,
if you like, just in the performance itself.

Speaker 15 (01:07:10):
I don't know.

Speaker 12 (01:07:11):
I mean I think that thing about going how do
you judge success? You know, I think that thing about
what's your metric? Who are you judging against? You know,
there's a there's a you know, what do you want?
Is kind of the important question in life, isn't it?

Speaker 17 (01:07:26):
Yes?

Speaker 2 (01:07:26):
It is all right? Listen, hold on there for a
couple of moments. Jimmy Carr, who's with us? Posted show
tonight hitting our way eventually more details of just a
couple of moments. Sport Team Past eight.

Speaker 1 (01:07:35):
The Mic Asking Breakfast Full Show podcast on iHeartRadio. Howard
By News Talks.

Speaker 2 (01:07:40):
It be news Talks, It'll be seventeen past day. Jimmy
Car's on his way here. Actually, speaking of which, Jimmy,
when you, you know, get the show done locally, In other words,
by the time you leave ailes fit A wherever you
are tonight and you hit New Zealand, what have you
done to the show.

Speaker 12 (01:07:55):
I suppose it's like that thing of I write constantly,
so I at the end of every show, I out
of piece of paper and I try new jokes that
I've written that week or that day, ideally that day,
and I'm constantly trying new stuff and adding stuff in,
and so the show kind of it gets better over time,
so by the time it gets to New Zealand, it'll

(01:08:15):
be you know, it's pretty well, it's moved out a
little bit, but then you want you I mean, I'm
always excited by new stuff because sometimes you just swap
new things in and just go, well, whatever's kind of
you know, current, what's the whatever feels like, it's.

Speaker 2 (01:08:29):
What's the thrill of the performances? Because I'm watching you
on You've got your own YouTube channel. You mentioned Joe Rogan,
so I saw some of that that was three hours long.
I mean, I mean that's a how do you sit
and talk to somebody for three hours?

Speaker 12 (01:08:44):
Well, it's very easy to talk to Joe because he's
got Actually, my friend Chris Williamson came up with this
theory of reverse charisma. Okay, no, Joe's got a lot
of natural charisma, very charismatic on stage. Reverse charisma. Right,
you could spend all your time trying to be a brilliant,
interesting person, or you could take interest in other people.

(01:09:08):
Joe's genuinely, he's incredibly interested in other people and how
they work and what they think. He just naturally has that,
and it's kind of reverse charisma. And actually when you
come away from the conversation. Like sometimes people like they
try and show off, right, So in the conversation they're
trying to be the smartest guy. Actually he's not. He's
always trying to come away from the conversation and you

(01:09:29):
feel like you're the smartest person in the room after
speaking to him for three and a half hours.

Speaker 2 (01:09:32):
Yeah, that's a talent. I've heard that before. The reason
I asked that question. So you got your own YouTube channel,
you talked to Joe Rogan, You're on Netflix, you're on Amazon.
You do all that sort of stuff, getting to in
the cargole on a plane, catching a cab, staying in
a hotel, then slipping up the road to Wamoru to
christ Due to do it. That's hard work. Where's the
joy in that?

Speaker 12 (01:09:52):
For you? Well? I mean for that, it's like I
always think, I slightly think not to be not that
I've now said the narcissism of small differences, But I
sometimes look at other comics and they think they've been
to New Zealand, and I go, oh, you toured New Zealand.
Oh great, I'm going to try and have a conversation
about Napier or Duneaton and they go, no, no, I

(01:10:13):
had one night in Auckland, and I go, oh, you
missed it, and you missed a great time. Because if
you get out there and see it all, it's you know,
you've got to travel. You've got to get to the places.
And there's people that like me enough to come and
see me if I come to their town. But you
know they're not booking a hotel and I'm not Taylor Swift.

(01:10:38):
Maybe there's an environmental angle as well. If I travel, you.

Speaker 2 (01:10:41):
Don't have to Yeah, that is true. That is true
as well.

Speaker 12 (01:10:44):
Well, it's also that thing of like sometimes sometimes in
the big towns as well. I'm playing New York this month.
I just played La in the big towns, people are
the options. There's a hundred different things. They could have
come that night, and I'm spoiled. They came to see me.
Sometimes you play in the cargo there ain't much else
going on. Great, great, I'll take that.

Speaker 2 (01:11:06):
Good on you. Well, we're looking for it a while.
Why it's the only part of the next year, but
we'll book early. By the way, who Taylor's you. I
was watching a couple of these things. You are immaculately tailored.
Who does that for you?

Speaker 12 (01:11:19):
Well, I've got it's my very good friend. It's Tom
Sweeney is the name of Mike Taylor. But having a
I mean that's a very english gent thing to have.
That's a very lucky thing in life to have good
suits and then excuse to dress up as well, because
people often ask that why don't you wear jeans and
a T shirt on stage when you just wear both.
But I sort of think it's it's partly that thing
of wanting to look. I want to feel like I'm
going to work, but also want to put a tie

(01:11:41):
on because I want you to feel like you've paid
hard earned money. Like I always think of that thing
of Mike. There's someone in the audience that's worked a
manual job, like you know, sweat is in order to
buy the tickets and buy the missus dinner and get
some drinks. At least I can do stick on a suit,
come correct. I was like that term, come correct, tress up,

(01:12:03):
make an effort for people. I've written the jokes. I'll
look all right, I'll do this for you because when
you walk on, the first impression is okay, this we
can relax. Yeah, guy's a professional.

Speaker 2 (01:12:13):
Good on you. What's Tom Runner suit for? What's Tom
do you a suit for?

Speaker 12 (01:12:17):
Oh? It's it's it's a I get a good deal.
I mean, I mean, I don't want to sound like
that guy, but I do own a bit.

Speaker 8 (01:12:25):
Of it, all right.

Speaker 2 (01:12:28):
I'm going to look it up on the website and
give some prices out in the moment. Listen, go well,
and we'll catch up with you when you come early
next year, Jimmy Carr, I'll give you dates in a moment.

Speaker 1 (01:12:35):
Eight twenty two, The Mic Hosking Breakfast with Bailey's Real
Estate News Talks did be Yeah.

Speaker 2 (01:12:40):
Healthy gut influences everything, of course, from digestion and immunity
to the brain function, need than skinhealth. So List's Probiotic
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Member Cargill, duneed and Queenstown, Christchurch, Nelson, Wellington, Palmerston, New Plymouth,

(01:13:48):
Hawks Bay Rotor Taronga, Hamilton, Auckland in the early to
late part of January. So good luckily that that would
make a very nice so Christmas present. Fantastic interview with
Jimmy car Mike, thank you very much. Nylon reversible bomber
jacket from mister Sweeney as five thousand. I think these
are US dollars as well.

Speaker 14 (01:14:07):
Well, and we've already established it. We're not doing nylon anymore.

Speaker 2 (01:14:11):
Well Linen, Linen unstructured single breast jacket five thousand.

Speaker 14 (01:14:15):
Easy, got something in wool. That's what we care about.

Speaker 2 (01:14:17):
Very good question, Glynn. Look at see this. See this
is what I'm wearing today. I've got a very similar
one here, cashmere silk polo shirt sixteen hundred comes in
four colors. Argon, Well, you'd hope it's the new Zealand dollars.
If it's not getting a bit expending, isn't he mind you?
When you're as good as Jimmy Kay, you've done well
for yourself and good luck to him. Rod Little the
big spending visior by miss Reeves as as produced overnight.

(01:14:41):
We'll get the detail on that from the news which
is next there. News Talk said be.

Speaker 1 (01:14:50):
The breakfast show, Kiwi's Trust to stay in the No
the Mike Hosking Breakfast with the Defender Doctor the most
powerful Defender ever made and used.

Speaker 12 (01:14:58):
Togs Head b.

Speaker 2 (01:15:00):
Going on Britain at the moment. The headline acturb and
I has been this business from Rachel Reeves and where
they're sort of heading towards the old spending. The Tories,
not all the Tories see more Texas.

Speaker 4 (01:15:10):
The Chancellor now expects us to believe she will that
spending rise by only one point two percent a year.
There is no chance whatsoever of that happening, and.

Speaker 2 (01:15:23):
That seems to be the general consensus, which means she's
got to spend fairly hard about where the money is
coming from.

Speaker 3 (01:15:27):
We'll set out our policies in the autumn, but we
made the tax changes that were necessary last year to
fund the spending that I've set out today.

Speaker 1 (01:15:36):
International correspondence with Insigneye Insurance, Peace of mind for New
Zealand business.

Speaker 2 (01:15:41):
Indeed Roderic Little as well.

Speaker 15 (01:15:43):
That's very good morning, make good morning to you mate.

Speaker 2 (01:15:45):
So the spending review, for people who haven't followed this,
Rachel Reeves, has been a bit of a build up
to it, and there's been the usual reaction to it.
So there weren't actual announcements.

Speaker 12 (01:15:54):
What was the point of it, Well, there were a bit.

Speaker 15 (01:15:58):
I mean we have the announcement before or of course
she announced an extra thirty billion quid a year for
the NHS twenty nine billion to thirty billion a year.
Mike a year swallowed down that vast gaping more of
the most inefficient health service in Europe. And so that's

(01:16:19):
where we are. And also we found a few other things.
You know, she's going to invest in housing. This is
based upon this idea that only rapid housing growth can
get us out as the economic low growth problem we're
in at the moment. I don't believe it and I
don't think we need it. The other problem is that

(01:16:40):
she's cut back on the Foreign Office, which is at
a time when we probably need a foreign office, you know.
And there's also a bit more money for artificial intelligence
and transport projects. But your right, to a degree, everything
that that Rachel Reeves has done since her first budget

(01:17:03):
in October has been an apology for that first budget.
That has been what it's been, and so what we
will undoubtedly have when it comes when the cold winds
of autumn blows through Britain, which up here they're already doing,
by the way, then there will be tax rises, without question,

(01:17:26):
there will be tax rising.

Speaker 2 (01:17:27):
It's all of those scenes to I mean, I'm looking
at this from a great distance, of course, but everything
she seems to have done credibility wise, appears to have
been a problem for her, and you make the announcements
today and everyone said, Tories included go, you're going to
be back with text increases. Given we know how she operates,
and when she does come back with text increases, how

(01:17:50):
does she explain that.

Speaker 15 (01:17:52):
They brais them through it by lying and this is
what they've been doing. I'm afraid you know, there are
good things about the Labor government, only a few, but
there are some good things. Rachel Reeves isn't one of them.
The first party was disastrous. She alienated not only most
of the country but also most of her own party.
She's had to do an it on one hundred nat

(01:18:14):
degree about turn on winter fuel payments to pensioners, but
didn't even have the grace to apologize for having got
it wrong in the in the first instance, she is
a calamity I think for the government, her Ed Miliband
and probably a ev cooper at the three front bench
jobs that Sakis Dama, if he really had a grip

(01:18:36):
of this party, would get rid of and get someone
else in.

Speaker 2 (01:18:39):
That was my next question, because early on after that
budget her credibility seemed to be a problem and her
future in that job seemed to be an issue. Is
it still?

Speaker 15 (01:18:49):
Yeah? I think it is. I think it is probably
perhaps not quite as much as it was before the
Vault fasts on the winter fuel payments, which has been
welcomed by most of the party. But you do struggle
to find someone in the upper echeons of labor you

(01:19:10):
have anything positive to say about Rachel Reeves.

Speaker 2 (01:19:13):
Interesting. What's happening in Ireland? I mean, I know what started,
but how come? How long does this go for?

Speaker 15 (01:19:18):
Well, this is Northern Ireland, this is this is this
is Pallamina, which is a quite proppy area, Protestant area
of Northern Ireland, and there have been riots for two
nights running into three nights now and they're anti immigration
riots and they're similar kind of in tone and in

(01:19:39):
demographic I would guess to the riots we saw in
Britain last summer, which we talked about and which the
government clamped down upon and sent people to prison for ages.
The theory is that an asylum seeker or an immigrant
sexually as soul a young girl and that's why there

(01:20:03):
are furious protests. It started in Ballymina, thirty four police
officers injured in these fights, and then has spread to
Newton Abbey, Cold Rain and Belfast itself. So I just
get the idea, you know, Mike, that we are heading

(01:20:25):
down this route a bit. People have had enough of immigration.
The slightly feral wing of those people who we've had
enough are taken to the streets on ideas that immigration
is responsible for all manner of crimes. But I think

(01:20:45):
everyone has had enough of immigration, and I think we're
going to be saddled with this for a long time
to come.

Speaker 2 (01:20:52):
Roderick, we'll see you next week. Appreciate it very much, right,
A little out of Britain. By the way, the Gibraltar
deliber Night alluded to earlier on the PlayGame that a
fluid border that Starmers negotiated Gibralar is of course British
until it's not, which it appears not to be sought of.
It will be now looked after with EU passport controls
at the airport for the first time. They call it historic.

(01:21:14):
It's inside the Shingen border now, so when you arrive
at the airport you'll hand your passport if you're British
over to a Gibraltar or a Spanish official instead of
an English one. Meantime, they're also going to do something
about the rough sleeping laws. And what I didn't realize
about the rough sleeping laws, the Vagrancy Act is what
they call it. It's illegal to be a rough sleeper
in Wales and England. It was introduced in eighteen twenty four.

(01:21:40):
Angel and Raignan now calls it cruel and outdated. So
they're going to change that. Speaking of old laws, they're
also set for a free vote next week, and we'll
took to a rot about this next week because free
vote said, you know, the old conscience vote, what we
would call the conscience vote. Abortions allegal in England and
Wales as well as rough sleeping often prosecuted under a
piece of Victorian legislation, Offenses against the Person Act of

(01:22:01):
eighteen sixty one. So they're going to have a free
vote on that. So we'll follow that with interest sixteen.

Speaker 1 (01:22:06):
Too, The Mike Asking Breakfast Full Show podcast on I
Have Radio powered by News Talks.

Speaker 2 (01:22:12):
A B thirteen to nine. The christ Itch Things Real
better racetracks in the South Island. Mike, is that true?
I'm not sure that's true. It's debatable. I'm not sure
it's true, Mike. My daughter second year Canterbury Union University.
She's loving it already, seeing it as a place she
could live after university. I cannot tell you, because we've
got university kids, of course, I cannot tell you that

(01:22:34):
the vibe around Canterbury University is like no other. It
is the go to university at the moment in this country. Mike,
we moved from Wellington four years ago for pre retirement.
It's nice, isn't what's pre retirement?

Speaker 10 (01:22:47):
Oh?

Speaker 14 (01:22:47):
I want some of that.

Speaker 2 (01:22:48):
It's like a bit of pre retire I.

Speaker 14 (01:22:50):
Feel like I'm ready for pre retirement.

Speaker 2 (01:22:51):
If you're in pre retirement, when you're working in pre retiring,
how do you know what's going on there.

Speaker 14 (01:22:57):
I'm willing to give it a try, but will.

Speaker 2 (01:22:58):
Whether in family reasons, not regretting it for one minute.
The South Island Rocks, Mike christ Church also has a
mere and film major who actually lives the make it
happen and gets things done. I'm glad you think positively
of the Canterbury Council. I'm not sure it went down
that well the other day when you were dealing with
Chris Bishop and the intensification argument you've had for the
last several years. One reason Canterbury University has the most
students it's ever had multi leveled student accommodations being built. Yeah,

(01:23:22):
it's expanding big time. Also very accessible christ did You
can be in the university and you walk most places
and at worst you can jump on a bike and
go around the corner down Clyde Road, turn right, borm
you at the Hagley Park. All that sort of stuff.
Last hundred years. Listen to this. There's always somebody In
the last one hundred years. Christ Church has experienced a
significant number of earthquakes, with most notable one being twenty

(01:23:43):
ten twenty eleven Canterbury earthquakes. Between two thousan ten two
thousand and eleven there were four major quakes and over
eleven thousand, two hundred after shocks. Prior to that, there
were other earthquakes in the area, including four medium sized
earthquakes between eighteen fifty and nineteen thirty. Well that's that,
isn't so?

Speaker 8 (01:23:57):
Hang on?

Speaker 14 (01:23:57):
Is that an argument for?

Speaker 8 (01:23:58):
Again?

Speaker 2 (01:23:59):
Is hard to say. Wh's hard to say? South Ireland
raised a couple going home to Cromble At the end
of the year, friend and family went to christ Church.
They love it. Mike South Island just hired two people
who moved from the North Island for a job, just
about to hire another. So please to move back to
the North Ireland. Summer is only one month. Nice to visit.

(01:24:20):
I know some people who moved out of christ Church
recently because they literally couldn't handle the weather because it
is cold. But what do you do when you get cold?
Is you get crisp? Of course, Mike, I do not
tell me what you think of this. This is Alan
texting Mike. I don't begrudge farmers doing well, but to
the farmers who just ordered three tractors. If you missed
it earlier on the Trevenist that told us the bloke
he met at field days yesterday ordered three tractors. Does

(01:24:43):
he now go to the local supermarket and buy one
hundred units of butter and donate them to the food
bank or cheese or milk. I understand we pay the
same as overseas price, but surely Fonterra could do something
for the New Zealand market like what Ellan like what
lose money or not be profitable or not give that
money to the farmer or what exactly is it? The
people who argue this infuriate me because there's no other

(01:25:05):
way around it. As I've said about a million times.
And for all the people who text and go in
Saudi Arabia, the petrols chip yep. The government pays for it.
And if you want the government to pay for the butter,
and you want the government to pay for the milk
or anything dairy related, go advocate that with your local
government in peace sometime and see how far you get
on that, and they'll point out, probably, oh, I don't know.
We're not Saudi Arabia, and we don't have any money,

(01:25:25):
and we're not in the business of subsidization. Prices are
what prices are, and we should be supporting, encouraging and
applauding people who are successful. Nine to nine.

Speaker 1 (01:25:37):
She's a make asking for expert with a Vita Retirement,
Communities News togs dad Be.

Speaker 2 (01:25:42):
My wife is a fan of Smartness, which is a
podcast that's got Jason Bateman. It's also got Will Arnett
and Sean Hayes. But I think she's a fan of
it because it's got Jason Bateman, because it appears to
me that whatever Jason Bateman does, she goes all goovy about. Anyway,
I tried to watch it. They're all right, they're fine.
They had somebody on and I can't even remember who
it was, but they came on and it was quite

(01:26:03):
a good chat. And their advantage is that because they're famous,
they can get a lot of famous people on and
famous people know famous people, so the famous people just
sit around chat and it becomes sort of a natural
kind of conversation as opposed to all, you're a famous person, I'm.

Speaker 14 (01:26:18):
Not curb your enthusiasm. Is that the one that they're
all on together? I always get those?

Speaker 2 (01:26:23):
Yeah, I think it is the point being are they
and this is an interesting thing? So if you're famous,
one of the things you're into is tequila, So if
you want to invest, George Clooney does tequila and espresso.
I think less of them because of the latter, but
a lot of people do tequila. And if you don't
do tequilla, you do rum. These guys Bateman, Arnette and

(01:26:44):
Hayes announced yesterday they're doing a telco, so they're launching
their own telephone.

Speaker 14 (01:26:50):
That's very Ryan Reynolds because he does meant Nobile.

Speaker 2 (01:26:52):
Of course, he also does sale GP and football, which
is an eclectic portfolio. But the point is a bloke
they know who's come in with them, because the first
thing you ask is do these guys know anything about telephones?
The guy who's come in from the tech sector said,
you're under wireless the whole time. People don't use data

(01:27:14):
anymore because you're under wireless. So you buy your thing,
your plan, you never use your plan. And they thought, well,
maybe we could make cheaper better plants than the big
guys who rely on people not knowing they're under wireless.
And so they're launching their own SmartLess mobile. So we'll
monitor that with interest and wish them all the very
best with it. So they've got a podcast, a TV show,

(01:27:37):
and a mobile offering. It's quite cool five minutes away from.

Speaker 1 (01:27:40):
Nine Trending now with the Chemist Warehouse, the Real House
of Vitamins.

Speaker 12 (01:27:46):
Your song's broken, just forgot to charge it.

Speaker 11 (01:27:50):
I'll but you wearing God.

Speaker 10 (01:27:52):
I love it.

Speaker 2 (01:27:52):
Siren, you just say you're first and started. This is
Sabrina Kapender. So her new song is this is a
couple of days old. It's top five everywhere, and when
I say everywhere, I mean on SmartLess mobile, on Spotify, Billboard,
Apple Streams. It's it's everywhere I know Taita gave it

(01:28:17):
the break she was not being at for Tata. You
reckon Tata. One quick question, is Taita one married secretly
and or too pregnant? I reckon that's the buzz. I
picked that up on the chat room of SmartLess Mobile.
This is projected to be top of the billboard one

(01:28:40):
hundred by the end of the week, which apparently, if
you're top of the billboard one hundred by the end
of the week, that's that's where it's at, then you're it.

Speaker 14 (01:28:50):
It's called manchild, by the way, in case.

Speaker 2 (01:28:52):
That I thought I thought it, Oh well, I must
have been building up to that. But I must have been.
This was going to crescendo with the I just can't.

Speaker 14 (01:29:00):
I think it will make it easier for people to
find if they know what it's called.

Speaker 8 (01:29:03):
Now.

Speaker 2 (01:29:03):
I was several steps ahead of you, the Glenn. I
don't think people are going to find this. I think,
having heard Aprove, it's it's like I've forgotten it already.
I'm not like Taylor Swift very much. So I have
discovered two great songs in the past week from people
I knew of but had never really listened to before,

(01:29:26):
and I discovered them last weekend, and I all I've
done all weeks listened to the two songs Coming to
work and going home from work. Two songs over and
over and over again. I'll tell you what they are tomorrow,
sometime between six and nine. Happy Days.

Speaker 1 (01:29:39):
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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