Episode Transcript
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Speaker 1 (00:00):
The news makers and the personalities, the big names talk
to Mike the Mic Hosking, Breakfast with Defender Trophy, Epic Adventure,
Greater Purpose news Talk said, be welcomes.
Speaker 2 (00:11):
Today an upgrade that in the India relationship insights into
our construction sector as well as the cast of the
supermarket new numbers. Therefore you David Seymore's acting play minister.
This morning, We've got the lads and the commentary bots.
After rape, Richard Arnold Murray olds they pony up as well. Hosky,
Welcome to the week seven past six. Wells such as
the NRL that you play West Tigers, they kill you,
then on the repeat you killed them, so normal transmission
(00:31):
is back. I'm not sure either side were dramatically different
than the second time around. It's just a reminder that
in a comp like the NRL, anything can happen at
any time. And I'm sure the Panthers have been having
a similar conversation of late, having lost a couple for
no discernible reason. I read a report that suggested this
wasn't our best work. It's probably true, but I like
to look at the old glass half full. I enjoyed
the game, never looked in doubt. There was a mile
(00:53):
that fast, free flowing, tossed the ball about joy and
for a volity that can make leagues so entertaining. No,
not all of it came off, and if the old
mistake hadn't happened, or we hadn't been held up at
the line, the score could have blown out even further.
But the important point is we won one easily and
we march on the Tigers, I guess was a chance
to rectify a bit of the season that hadn't worked
(01:14):
out the way we had expected, and that would mean
in about a month's time we can potentially do the
same with the Panthers.
Speaker 3 (01:19):
Sea.
Speaker 2 (01:19):
I'm one hundred percent convinced we can beat anyone but
the one the Panthers, we really need to beat. We
got pipped at the post by so a winn and
a repeat match would settle any psychological nerves. So you
don't want to go into the playoffs not having beaten
a team that many would argue are our better. Enjoy
to the fact that there isn't a side left in
the season that is higher up than us. See that's
(01:40):
what being number two on the ladder will do for you.
The joy of this year has been the reality that
we are the team to beat. We are the target.
We haven't climbed or clawed our way back up. We
have settled in nicely to the top and pretty much
been there the whole season. We're no longer fluky or lucky.
We're no longer in the desperate possession of counting points
or winds or draws, are relying on other sides results.
We are the real deal in This is very much all.
Speaker 4 (02:03):
Ye used of the world in ninety second.
Speaker 2 (02:11):
Political establishment reacting to the sudden death of Senator Lindsay Gray,
one of them. The great things about Lindsay was, you know,
he had an idea, but he was open enough and
candid enough and comfortable enough that if you had a
better one, he joined you. I'll give you what we
know in the moment of a health related manage. Mitch McConnell,
of course, still a lie, but no one knows what's
actually wrong with them.
Speaker 5 (02:31):
This is one of the areas where people don't understand
senators and House members. They don't work for the Speaker,
they don't work for the Senate majority leader. Their individuals,
their own, and they don't have to. They don't really
have to answer anybody, okay.
Speaker 2 (02:45):
As regards the MoU Come skirmish, come war Come cluster
that is around the Irianians view of the strike.
Speaker 6 (02:53):
The Revolutionary Guard said it fired a warning shot after
the vessel took what they're calling an unapproved through the
strait of wall means.
Speaker 2 (03:01):
So those say it's closed the American view of the strike.
Speaker 7 (03:04):
It's open. They left the room and then within an
hour they launched a grown there they ship. I said,
you people are sick. You're sick people, and so it's
one of those things government things.
Speaker 2 (03:19):
In Britain. The murder of the former MP and Widdikin
has rocked for many. They heaven a risk.
Speaker 8 (03:24):
At this point, there is still no information to suggest
that this is a terrorism related incident, and at this
point we are not looking for anyone else in connection
with this murder. We retain privacy of this investigation and
detectives remain open minded about the potential motive.
Speaker 2 (03:39):
And they're still buzzing like it's nineteen sixty six as
they way to Argentina. As always, even when you win,
their own winers.
Speaker 4 (03:45):
We've tried to create a positive environment.
Speaker 9 (03:47):
We should continue that going into the.
Speaker 1 (03:49):
Final four can't speak highly enough for the lads.
Speaker 4 (03:51):
You're not going to win every game.
Speaker 10 (03:52):
Pop in the ball and making a thousand passes sometimes
the after window.
Speaker 11 (03:56):
And we've done that again tonight.
Speaker 2 (03:57):
Finally to the courts where we have a class section
suit again United Airlines over a window seat. So United
charging fifty bucks for a window seat on domestic one
hundred to one hundred and fifty on the international. Trouble
is what is a window? Here's the great argument, what
is a window? United argue the term window seat doesn't
actually mean you get an actual window. It can mean
a seat next to the wall of the fuselage may
(04:18):
have a window, may not. So far the judges denied
United attempt to dismiss that suit. There's also one pending
for Delta, another one for Ryan Air, So trade table's away.
Buckle up. This says News of the World in mighty
yeah Linty Graham seventy one. It looks like a heart attack,
obviously given it was sudden. He was in Ukraine on Friday,
for goodness sake, first came to the Senate in two
thousand and two. The important but two important bits. Who
(04:41):
replaces him? Because he was going to stand again. So
that's the major part. And what happens to the work
he was doing, And there's some big work because he
was a cross aisle operator. So I'll come to that shortly.
Twelve past six.
Speaker 1 (04:54):
The Mike Hosking Breakfast Full Show podcast on aheart radio
ow talk.
Speaker 2 (05:02):
Bit of court news for Trump. He's back at the
Supreme Court asking for a rehearing of the birthright case.
Chances are they're not even going to listen to him,
so it'll get won't get off the ground. He lost
court case. He was suing the Washington Post for five
and a half billion that got tossed out of court.
So that's no good the whole We're not going to
deal with Spain anymore using IPA. So the trades off,
(05:25):
well that's not true either. That's back on and the
Iranians are trying to blow them up. Fifteen pass six
got a bit of money from Sure in Partners. Andrew
Tella her good morning, Yeah, very good morning manew about
the pm I, Hey.
Speaker 12 (05:40):
Yeah, long weekends behind us. Let's start the weekend off
on the front foot. Huh. We've got to reach back
to last Thursday, given we were enjoying Matariki on Friday.
But has manufacturing found us mojo or what so it's
referred that in the In the commentary they refer to
it as a significant expansion. It's gone up lot a
surprising amount actually, so at the headline, the ben said
(06:03):
Business New Zealand Performance of Manufacturing Index printed at a
stellar fifty nine point seven. Now let's put some context here.
It's up sharply from fifty one point three in May,
fifty point six in April. It's at the highest level
was seen that since July twenty twenty one, so sort
of five years and a bit more sort of context.
(06:24):
The long term average is fifty two point five, so
it's blasted that out in the water, and at fifty
nine point seven, if you look at the global comparisons,
it makes us look like a global rock star. We're back.
Speaker 3 (06:34):
We're back.
Speaker 12 (06:35):
The rockstar economy is back anyway. Big positive shift in
respondent comments as well, which is telling. All of the
sub indexes were in expansion new orders, which is forward looking.
We like that that's standing out at sixty four point one,
very solid production climbing to fifty nine point four, deliveries
fifty seven point three I guess the issue is how
(06:57):
do you interpret this. I would speculate that the prospects
of falling fuel prices might have been the sort of
catalyst to revisit and rekindle that blossoming optimism that we
saw early in the year that was derailed by the
Middle East conflict. The authors of the in the commentary
also point to falling wholesale electricity prices as a factor
(07:20):
as well, So you'll take that the strength of this
does tend to sort of support the arbiens moving and
cash right closer to neutral as well, because it looks
quite frothy, doesn't it. But it does for me sort
of bring the weekend's escalation of facilities and the Gulf
back into stark focus, because I really don't want to
be susceptible to another round of petrol price volatility. But boy,
(07:40):
what a way to start the week.
Speaker 2 (07:42):
Yeah, you can't argue with the numbers. In fact, I
think it was topless or whoever it was said that
they were so unusual that they had to triple check
what was going on here.
Speaker 12 (07:50):
They spent they spent days checking the numbers to make
sure it was right.
Speaker 2 (07:53):
Yeah, it's amazing, But then how do you contrast the trichometer,
because one's good one it was not so good.
Speaker 12 (07:58):
Yeah, but mixed really, so trying to corroborate it. When
we look at sort of the heightened and looking for
heightened transport activity, the light traffic INDUX didn't deliver on
that front because it fail zero point five percent in June.
Looking at the annual number, its down zero point four
so pretty subdued really still sort of reflecting in reluctance
to travel, I think because of fuel price pressure, which
(08:21):
suggests the demand which LTI the light traffic in it's reflects,
hasn't sort of started to rebound yet. Looking ahead, you'd
expect for or hope for, to see some movement in
the July numbers as lower fuel prices make their presence.
Sort of felt. The heavy traffic index, that is more encouraging,
rose one point eight percent month or months at one
point three percent year on year, which does suggest some
(08:41):
lift in activity that reflects production. And you've got an
a trend intact there as well. So let's look to
July in that light traffic. But I'll just still just
take the take the manufacturing number and enjoy it.
Speaker 2 (08:53):
I reckon once you read on the straight, we just
won't see.
Speaker 12 (08:55):
Well, we go worrying news. Really, memory of that memorandum
of understanding seems to be completely forgotten, doesn't it. The
CEASEPAR is completely forgote.
Speaker 3 (09:02):
I just keep looking.
Speaker 12 (09:03):
I keep looking at these indexes of a number of
ships going through the strait because this from the point
of view of what the hellstillities mean, it's not good
for the normalization of ship traffic through the Gulf. It's
certainly not helpful. So this Bloomberg index of crossings looking
at commercial cargo ships, and of course there's a problem
here because some of those ships don't have their transponders on.
(09:25):
But just looking at the measure that we've got, it's
fallen to seven.
Speaker 4 (09:28):
It's in the.
Speaker 12 (09:29):
Twenty four hours. It was sitting around one hundred and
twenty pre conflict. But we did have a day last
week when it was at fifty seven. So it's certainly
all you need is something like this and all of
a sudden everything slows down again. We don't have an
update on the oil price yet because we've got to
wait and see how that's Sarus training today. But I'd
be very surprised if it wasn't a little bit.
Speaker 2 (09:49):
Higher in big numbers.
Speaker 12 (09:50):
Please so the Dow jones. These are Fridays numbers. Dow
Jones up point two eight percent on Friday fifty two,
six hundred and thirty seven. The S and P five
hundred and thirty two two point four two percent, seven
five seventy five, the NASDAC game point two nine percent,
up seventy five points two six two eight one. The
fortswy one hundred game quarter percent as well, ten thousand,
(10:10):
four hundred ninety seven. The nick was up one point
two percent a good day. There's sixty eight thousand, five
hundred and fifty seven. The Shangha compost fell one percent
three nine nine six.
Speaker 3 (10:22):
The OSSI is.
Speaker 12 (10:22):
Up half a percent eighty eighth six the close there.
We had a good day on the NZX fifty. There's
a Thursday numbers obviously, point eight eight percent, one hundred
and twenty points thirteen thousand, seven hundred and eighty five.
The Kiwi dollar has strengthened after the rbn Z put
the cash raid up. It's now point five to seven
five nine against the US, point eight two eight two
against the OSSI point five zho four sixty euro point
(10:45):
four two nine three against the pounds ninety three point
oh six. Japanese yen gold is trading at four thousand,
one hundred and nineteen dollars bread crude the last measure
I have seventy six dollars and one cent, but as
I say, I'd expect that probding to be a little
bit higher in trading.
Speaker 2 (11:00):
We will reflect on that tomorrow. See them Andrew Kella,
hers Shaw and partners Asknex of you missed deeske Heinez
went to raise a lot of money. They got a
lot of money, and that's the Chipworld twenty six and
a half billion dollars. So they were off to the
racers and Levi Strauss Denham is as hot as it's
ever been, so they came and raised its guidance. Full
year sales are going to be up between seven and
seven and a half percent, double denim all over the place,
(11:22):
revenue one point five six billion, so they're pretty happy
as well. Six twenty one Monday morning on the Mark Hosking.
Speaker 1 (11:29):
Breakfast Good The Mike Hosking Breakfast Full Show podcast on
iHeartRadio powered by News Talks AB.
Speaker 2 (11:42):
Yeah, the passing of Linds of Graham's interesting because he
was on the Senate Budget Committee, the Appropriations, Judiciary, Environment
in Public Works committees. He was instrumental in the Saber
America Act, but they still can't get it across the line,
the Third Reconciliation Bill to address affordability and replenished the military,
and the confirmation of Todd Blanche which still hasn't been done.
The A G of course, so he's a cross aisle
(12:02):
kind of guy that they relied Fairy heavily on. So
then he was running in South Carolina Republican for South Carolina,
so he was running. It's a hotly contested seat. So
a couple of names they're putting up this morning. Nancy Mace,
she's strongly considering running. And a guy who's the governor currently,
Henry McMaster, who's Trump's bloke. His terms up at the
(12:23):
end of the year, so they need to hold a
special primary in August and that will get the nominee
to go to the midterms in November. So plenty of
work to do and more. From Richard Shortley six twenty.
Speaker 1 (12:33):
Five trending now him were House your home of winter
essentials right.
Speaker 2 (12:39):
From the old entertainment files. The Gentleman dropped their season
two trailer. That's worth a look. I saw that over
the weekend. It's not bad. Are the live action Mowana
unfortunately tanked at the movies forty three million domestic our
the budgets two hundred and fifty million s. Disney will
be wanting something dramatic to happen. Christopher Nolan, you might
have seen hin him over the weekend. Apparently that Odyssey
thing which looks as boring as to me. Men's big
(13:00):
budget and all of that and floating boats and trojan
horses lying on the side, and every man and the
dog that was ever going to be in the movies
in the movie. It opens this week, but there's apparently
a bit of backlash around it. But Mobland is what
I want to tell you about, because season two so
trouble is if you're following Mobland Tom Hardy who apparently
on the sets of Pain in the Ass, so they
sacked him, so he's not going to be back for
(13:21):
season three, so you may as well make the most
of season two.
Speaker 11 (13:25):
All right, This hasn't exactly been a wonderful twenty four
hours for me. Yeah, I'm under a lot of pressure.
The people that I work for. Should we go on
(13:46):
the back?
Speaker 4 (13:48):
Don't know the lad.
Speaker 3 (13:51):
And Googlers.
Speaker 11 (13:53):
There's family. He's on the break of Civil War.
Speaker 2 (14:00):
For the pickad.
Speaker 4 (14:03):
Everyone guys, make your style.
Speaker 2 (14:10):
Eighty seven percent of that trailer featured Tom Hardy stuff.
He's not in it. I don't know what they're going
to do next time. So anyway, Tom Hardy, Pierce Brosn
and Helen Mirren, Patty Constantine, they're all back September eighteen.
Now here's the tricky bit, and this is this is
this is first World problems. But it was on Prime.
Prime is easy to get. You just go to the
bit on the television and says Prime. So now they've
gone and swapped networks, so it's on Paramount Plus and
(14:32):
you go, well, hold on, they don't have Paramount Plus here,
but it's on Neon, so you'll need to get nee
on if you don't have Neon, it's just you don't
know where you're at there.
Speaker 1 (14:39):
We'll just watch it on Sky on the mind as
we always keep saying, well you do that.
Speaker 2 (14:42):
As well, but you can't do it all at once.
It's not the same deal. Glenn. You know you don't
don't don't don't you know you want to binge? Don't
you you know what I'm saying. Poll out this morning
in Australia not good news for pauling Hanson.
Speaker 1 (14:54):
More shortly, in a noisy world, hear yourself think it's
the costing breakfast with Bailey's real estate. Your local experts
with national and global reach US togs Head be.
Speaker 2 (15:06):
Telling me Hardy's been rehired for season three. So that's
encouraging if that's true.
Speaker 13 (15:10):
Mike.
Speaker 2 (15:12):
The milk price drop over night fifty cents, which is
significant on the back of the eleven percent drop on
the GDT last week range is to late fifty to
ten fifty. Yeah, they haven't changed VOLTIRA haven't changed their forecast,
but if it keeps going they will obviously, Mike, who
will you watch Warriors all the All Black Saturday night?
There's a question for you in the early part of
the week, isn't it twenty three to seven? Richard Darnold
(15:32):
Shortley on Lindsey Graham. Meantime, back here, what's going on
with construction? So Andrew Gavis. The manufacturing numbers booming, absolutely booming,
but construction's going nowhere fast, Centric says the interest rates,
the weak housing market, the election of the issue. Managing
director at Centric, Keith McLaughlin, back with us. Keith, morning
to you.
Speaker 14 (15:48):
Good morning, mikeel.
Speaker 2 (15:49):
It's just boom bust? Is it going to be boom
bust forever? That seems to be the story of construction,
doesn't it.
Speaker 13 (15:55):
Look?
Speaker 14 (15:55):
I think it's at the moment the construction industry really
revolves around the house and demand, particularly in the residential
property area, and I think at the moment it's pretty
tight up there and likely to remain that way for
some time.
Speaker 2 (16:06):
And when we say interest rates, historically speaking, interest rates
are pretty reasonable, aren't.
Speaker 14 (16:10):
They, Well, they are compared with going back perhaps fifteen
to twenty years ago. That's certainly where they where a
lot of people committed over the last three or four years.
They are now starting to lift. And I think it's
the consumer confidence that is the main restrictor as far
as that's concerned. If people believe interest rates are going
to go up, and they tend to be less incline
(16:30):
to do that commit.
Speaker 2 (16:32):
Last time I look, credit areas were slowly improving. Is
that the case? And if it is, that means something
better is happening, doesn't it absolutely so.
Speaker 14 (16:40):
If you look at a construction sector in isolation, areas
are down nineteen percent year on years, so that's companies
that are slipping into areas it's gone down. So the
future actually does look quite strong as far as that's concerned.
Speaker 2 (16:52):
Well, that's encouraging. What's your read on constructioning? Is it
like hospo I've always argued hospitals over hospital There are
too many people in the markets, simple as that, so
inevitably something going to fall over. Is that like that
in construction or not?
Speaker 14 (17:04):
Only it depends on the market. As I said earlier,
If the consumer confidence is out there, if people are building,
then there's probably not enough construction industry companies out there.
But when the market goes down, liquidations are up, consumer
confidence is down. There's a lot of property on the
market at the moment that the price of housing is
(17:25):
going down or certainly not going up, so the confidence
has come out of the market. I think that's what
affecting those industries.
Speaker 2 (17:31):
What about the cost of construction, I mean it's too
expensive to build a house. I'd buy a house that's
already built as opposed to building a new one, wouldn't I.
Speaker 13 (17:39):
Well, you would.
Speaker 14 (17:40):
I think it's stage because there's a lot of stock
in the market at the moment, and prices are quite
soft as far as existing homes are concerned. And yet
what we've seen is with the inflation that did come through,
the cost of materials has gone up materially, I don't know,
the cost of labor has gone up. Setting the cost
of materials.
Speaker 2 (17:55):
What about what they built, this multi dwelling thing that
we may or may not want to live in. Is
that part of the problem.
Speaker 14 (18:02):
Well, I think what we've seen is particularly the developers
have been really hit. That's what's going on at the moment.
And I think the developer has done the multi residential
properties and I think that's really where they've gone in.
I've built, built off the plans, try to sell off
the plan and consumers to start entering into that market
at the moment. So I certainly think there is a
lot of stock out there in the market around the units,
(18:27):
the flats, the townhouse market.
Speaker 2 (18:31):
Yeah, exactly when do you see recovery twenty seven or not?
Speaker 14 (18:35):
Well, Look, it's very hard to predict. A lot depends
on where the interest rates move over that period of time,
but generally speaking, late summer. I would expect, you know,
some summer after Christmas. Confidence hopefully we'll start to come
back into the market.
Speaker 2 (18:48):
Good stuff, keep good to catch up with you appreciate it.
Keith McLoughlin, Centric Managing Director. I mean, the last time
I looked at this christ Church was a very good example.
Units with no garages, you know, and who's buying a
unit with no garage for theness sake? By the way,
question for you this morning, did you pay forty five
dollars for Coo McGregor? So what would you rather spend
(19:10):
forty five dollars on the World Cup which lasts for weeks,
or forty five dollars on Coo McGregor who lasted about
two and a half minutes and then hobbled off.
Speaker 1 (19:19):
Nineteen two The Mike Hosking Breakfast Full Show podcast on
iHeartRadio powered by News Talks.
Speaker 15 (19:26):
It be.
Speaker 16 (19:28):
All right.
Speaker 2 (19:29):
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in z. Pasky Murray Old's after eight thirty poll this morning,
(20:32):
the glass has gone off. Pauline Hanson's down three, but
well the party one Nation's down three, She's down eight.
It seems to be that speech that National Press Club speech.
When she opened her mouth, Australia went, oh, is that
what she's about? Okay, coalition, there's some hope for angers.
Yet he's up three Labour study on twenty eight. So
more with Murray after eight thirty six, forty.
Speaker 17 (20:54):
Five International correspondence with enz and Eye Insurance, Peace of
mind for New Zealand Business morning to you, good.
Speaker 2 (21:01):
Money Miney Grahams there came from nowhere in them.
Speaker 14 (21:04):
Yeah.
Speaker 18 (21:04):
The death of Lindsay Grahm at seventy one has shocked
a lot of people, I think because he'd just flung
back from Ukraine yesterday, his tenth visited there since Russia invaded.
He was scheduled to appear on Meet the Press, the
political chat show this morning, and late last night. He'd
spoken by phone with Trump just a short time before
his apparent cardiac arrest. The Senator's office says he died
from a brief and sudden illness, Trump saying, now, but I.
Speaker 7 (21:26):
Spoke to him, it could have been, you know, minutes before.
Other than being tired, he was fine, and so it
had to be something like that. That would just be
a quick end and maybe that's not the.
Speaker 13 (21:39):
Worst way to go.
Speaker 18 (21:40):
Well, Trump says Graham was one of the greatest people
and senators he has known. They didn't always have the
kindest words for each other, as we know they were.
He did rivals for the presidency twenty sixteen, when Graham said,
quote there's only one way to make America great again,
tell Donald Trump to go to hell. He called Trump
a demagogue and a quote race baiting, the xenophobic religious bigot.
(22:03):
When Trump started to lock in the Republican vote, Graham
changed his approach. He slammed the medium, saying he was
concerned by press attempts to quote label the guy as
some kind of cook not fit to be president. Yet,
only a short time earlier, Graham said of Trump.
Speaker 4 (22:19):
I think he's a kook. I think he's crazy.
Speaker 12 (22:22):
I think he's unfit for office.
Speaker 2 (22:23):
Where have we heard that before?
Speaker 3 (22:25):
Yeah, that was some flip flop.
Speaker 18 (22:26):
Lindsay Graham also was a Senate partner with the late
Senator John McCain. They took lots and lots of trips
together around the world, argued in favor of the Iraq War.
When Trump slamm McCain, who was a war hero, Senator
Graham did not stand up for his Senate colleague have
to say, Trump said during the twenty sixteen campaign of McCain,
who spent over five years as a pow in Vietnam
(22:48):
after his plane was shot down, and he then refused
special treatment by the viet Cong because his father was
an admiral, that John McCain was quitte, not a war
hero because he was captured. I like people that weren't captured,
said Trump, man who of course avoided the Vietnam War,
claiming to have a bone spur in his feature Senator
Graham's head at the time, quote, I don't like what
he says about John McCain, but when we meaning himself
(23:09):
and Trump play golf, it's fun. On the Capitol Riot
of January the sixth, twenty twenty one, Senator grahams head quote,
count me out.
Speaker 3 (23:17):
Enough is enough.
Speaker 18 (23:17):
Then he became a close supporter Trump despite all the
stolen election nonsense, saying quote, I'm trying to keep a
relationship with him after the riot. So he wanted to
remain as a political influencer since the way politics works, perhaps,
and he would align with Democrats on rare occasions as well.
He was also an unflinching supporter of Ukraine and Israel,
a country who's PM that who now says has lost
(23:40):
one of its greatest friends. Netno who says Graham was
a straight talker as well. Behind the scenes he wanted.
Speaker 9 (23:46):
To tell me something unpleasant, it would do so, you know,
in his southern role. And sometimes I always say that
I knew something bad was coming when he said, well,
you know, you want to take it from a good
old Southern born from me who doesn't know much of
about the world, and then he'd.
Speaker 11 (24:01):
Bring it in, you know.
Speaker 18 (24:03):
Well, when he was just twenty Lindsey Graham lost both
his mother and father had that young age, and became
his eleven year old sister's legal guardian. He never married
nor had children of his own. He served as a
military lawyer before his political careers. So his life is
quite a story. And as they say on social media,
at times, it's.
Speaker 2 (24:18):
Complicated, right, So the moused going, where's the war?
Speaker 9 (24:21):
Ap?
Speaker 18 (24:22):
Well, there are conflicting claims over the status of the
Straight of Formu's oil channel.
Speaker 11 (24:26):
Is it open?
Speaker 7 (24:27):
Is it closed?
Speaker 18 (24:28):
Iran says the Straight is shut down because of what
they insist on vessels violating Iran's control. The US says
as straight as fully and fully open to shipping to
the insurance companies signed one with that, but the Pentagon
carried out intense air strikes in the past few hours,
hitting about one hundred and forty Iranian military targets. Asked
about this today, Trump says.
Speaker 7 (24:46):
It's open. We bombed the hell out of them last night.
They're very, very evil and sick people. We had meetings
with them for the last They agreed to a deal yesterday,
a perfect deal for US. No nuclear, no this, no that,
no nothing. They've give up everything. And then after that
they left the room and then within an hour they
(25:11):
launched a drown.
Speaker 13 (25:12):
Now their ship.
Speaker 18 (25:13):
So deal on odeal, Mike don't know.
Speaker 2 (25:15):
See Wednesday, Richard Arnold state side. Just a couple of
other things. Have you missed it over the long weekend?
Platinus gone. He was the Democrat who we've told you
about over the last couple of weeks. Just a building
a file of seeming skullduggery in his personal life. So
he finally folded. And then this weird business of Trump
coming back from Turkey via London because he sent the
(25:38):
new plane to London, because he claimed at the time
that the troops at one of the bases wanted to
see the plane, so he sent the new one up
there while he jumped on the old one, and of
course no one believed that. So then we subsequently learned
about the business of the death threat from the Iranians.
But meantime they're handing out Supoenas left right and sent
her for The New York Times to testify under oath
(26:00):
after they alleged security concerns around Air Force one as
in the new one, they suggested the plane wasn't secure
enough and Secret Service at urge Trump to switch planes
on the way home. So they're investigating illegal leaks. They
argue the reporters, not the targets, but those leaking the
classified information are so I'll keep you posted on that.
Nine away from seven the.
Speaker 4 (26:20):
Mike Hosking Breakfast with Defender Trophy news talks.
Speaker 2 (26:24):
They'd be usually speaking of Turkey and NATO Starma. They
all got given one. Apparently every one gave everyone a gun,
personalized revolver engraved with their names, so they're decommissioning that
before they take it back to Britain. Weight as well,
Cash Bettel gave Mitchell a gun, so obviously maybe it's
(26:44):
a gonness. It's talking about brother by the way, who's
in Dubai, lives in Dubai, and there's nothing going on
there this whole. It's very important to remember that, you
know what we feel or suspect of the side of
the world and going, oh my god, it's all on again.
It's think of the sort. If you want to go
to Qatar. He tells me, was a little bit noisy
(27:05):
over the weekend. His words, not mine, a little bit noisy.
When I say noisy, the sirens go. But it's very
much targeted around bases and stuff like that. He's looking
to go to a man this week. But the business
he's going to visit this week is near the airport.
Whether you want to be near an airport in Oman,
he's touch and go on that. But as for places
like Dubai, life continues as per five minutes away from seven.
Speaker 4 (27:28):
The in and the outs. It's the fizz with business Faber.
Take your business productivity to the next level.
Speaker 2 (27:35):
To what's another reporting season this week? So Wednesday we're
going to get results from the likes of JP Morgan
Chase and the Bank of America and Wells Fargo and
Gold and Saxon's City Group Morgan Stanley on Thursday. Now,
why am I telling you this because it's just off
for the races at the moment. They're all expecting to
have their second best quarter ever. So when was their
(27:56):
best quarter ever? Oh that was Q one, So Q
two will be you know, that's how it goes basically. So,
global investment banking fees have hit one hundred and six billion,
which is up twenty four percent on last year, so
plenty of deegles being made. The other big one to
watch this week's going to be Netflix, which is Friday
our time. They're going to be their stocks in trouble.
(28:17):
They're dound forty five percent on the year after a
record hired last year. Now it's the old problem. So
they're still expecting revenue growth at thirteen and a half.
Remember they don't give numbers anymore because they don't really
care how many people are watching. All they care about
is whether there are people paying the money. So they're
expecting revenue growth at thirteen and a half percent, but
that's slower than previous years. So what you're seeing unfold
(28:38):
here is what they would loosely call the maturity of
the market, and there are more and more players coming
into the market. And as more and more players come
into the market, stretching it dollar further and further, you're
expecting us to pay out for rivermore, you know, I'm saying.
So anyway, they don't give a result, the market doesn't
like it, and the you know, so we'll see what
happens with them, see what happens with Netflix. Now after
(28:59):
seven we got the upgrade. Mody's amazing, isn't it. I mean,
you know, if you were the prime minister an election
year and Mody rolls into town and he turns up
at the Spark Arena and you got people charting him.
When was the last time Luxon walked to him to
a room people were chanting and cheering and singing songs.
Just doesn't happen. And it's a shame though I might
ask Tod McClay about it, but it's a bit of
a shame. He did. Mody did extremely well in West
(29:21):
ben Gaul recently, which is an area he hasn't been
able to do well in and yet he did. There
seems no end to the power of Mody, so there's
certainly a magic there. Anyway, Tom McClay was their Trade minister,
so we got the big upgrade with India. We'll get
the details on that after the news, which is next.
You're on the Mike Hosking.
Speaker 1 (29:38):
Breakfast, the Mike Hosking Breakfast Fall Show podcast on iHeartRadio
powered by News Talks at B credible, compelling, the breakfast
show you can't best. It's the Mic Hosking Breakfast with
a Vita Retirement Communities, Life Your Way.
Speaker 4 (30:00):
News Talk said be.
Speaker 2 (30:01):
Seven past seven, so a lot of love in the rumors.
The Modi Express rolled through Auckland Saturday to sign up
the ATA and as it turns out, upgrade the relationship
to a strategic partnership. Trade Minister Acting Foreig mins the
Tom McLay with us morning.
Speaker 3 (30:13):
Like good morning.
Speaker 2 (30:14):
Is there a magnetism about him? Mody?
Speaker 10 (30:16):
Yes, yes, there certainly seems to be. I mean you
can see it on TV. But I've had a couple
of chances to meet him and talk to him now, NHG.
He is very very calm and very thoughtful and I
can see why he's the longest serving prime minister India's head.
It was a very positive visit to New Zealand.
Speaker 2 (30:34):
Were you expecting the upgrade. You must have been obviously, Well.
Speaker 10 (30:37):
We've been working through it, and so the answer is yes,
there's a number of organizations and countries we've wanted to
do this. But Mike, it's a little bit like the
free trade Agreement, it's come quite quickly with India. It
was only three years ago we said we would make
the relationship with India strategic priority. So across the board,
this just shows that it is now more than trade.
Areas of defense and security, you know, political phlegmatic cooperation
(31:01):
of course, the trade, people in culture. A really interesting
one is education, science, climate change and disaster management, you know,
areas where you know we should be working with many
other country offer we are we now get to with India.
Speaker 2 (31:14):
How does that materially actually work.
Speaker 10 (31:18):
Well, two things. The first is the government to government level.
The two leaders have said this is a priority, so
now both sides, the government and the agency, start leaning
into it. There are a number of other relationship agreements
signed to back this up. You know, in my area
of the primary sector, you know, with veterinary medicine and things,
we've signed to cooperate in some areas it will be
officials or experts from either country, visiting and getting to
(31:40):
know each other. In some case of the science things,
our university is working more closely together. So it really
just says that we are going to you know, we're
going to do much more together. And this is the
framework that sort of gives permission or a very strong
indication to the officials on both sides to start doing
the work.
Speaker 2 (31:59):
Not that it's not good for us. But he was
on a circuit the last week. I mean, he touched
base with us. He's in Australia. I think he's up
in Indonesia. Is he just doing this with everybody?
Speaker 10 (32:08):
Well not everybody. I mean since he's been prominency, he's
visited one hundred countries, so he's keen to get out there.
But forty years since an Indian prime minister last visited.
So yes, he went to Australia and onto Indonesia. But
I suppose he didn't have to come to New Zealand.
But you know, I think it's very clear if we
hadn't have worked so very hard together on the FDA,
he probably wouldn't have come here. And so now I
(32:28):
think only good things come as a relation. As a result,
it was clear to me that he enjoyed New Zealand
and all that was a short visit. You know, it
was really a celebration. He was a very very good
space and in a very very good mood. So he's
gone away with a positive impression with us, which again,
you know, it can't be a bad thing. It's a
very good thing.
Speaker 2 (32:47):
Indeed, it is on the strategic side of things when
it comes to defense, whose side are they on? China's
are out the Where do they sit there?
Speaker 10 (32:55):
Yeah, so they probably sit in the middle a little bit.
They look out for what's best for India as largely
in many cases with our independent foreign policy, we do
as well. What this means is just there'll be areas
that we cooperate. So we've already had a few military
officials from either direction come and start talking there. There
will be opportunities for some of our ships from the
(33:16):
Navy to different things together. There are parts of the
world you know that we already have personnel there together,
albeit not in full cooperation. So ultimately, you know, it's
just another step in the direction of building the relationship further.
Speaker 2 (33:30):
I still know there was this bitching over the twenty
billion over the weekend all I know about FTAs is
that they do better than we ever thought possible. And
this isn't and I mean a couple of these. This
isn't even going to be a thing.
Speaker 11 (33:41):
Is it now?
Speaker 10 (33:42):
I don't think it is at all. Look, ultimately, the
language in the agreement is very clear. The Parliamentary Committee
went through this in detail and it is a commitment
to promote only. But TV business is already getting on
with this. We're seeing announcements runk pretty quickly about them
investing or setting up offices there, employing Kiwis work in
their offices in India now as well as locals, and
(34:03):
so look at it. It will build ultimately across the board.
We are going to do much much more with India,
and I predict fifteen years from now very easily it
will be as important to us as trade relationship as
our China one is at the moment.
Speaker 2 (34:15):
I appreciate your time. Tom McLeod, the Trade Minister, will
be very pleased to get it across the line. Mike,
do you think you'll ever get direct flights to Auckland
from India to build the relationship. Last time I asked
good question. Last time I asked Dame Torris Walt, who's
the chair of Air New Zealand, said they were looking
at that. I thought it's fairly obvious. Eleven past seven
right election, your wish list is starting to be filled
out by various people. The manufacturers this morning telling us
(34:38):
they'd like to see legislative stability across the governments to
stop the bleeding and the sector they're talking about, the
d industrialization of the country. Ellen McDonald is the head
of Advocacy and Strategy at the EuMA, and as with us,
Ellen morning, Mike, same with infrastructure, isn't it. We want
people to make decisions, stick with decisions, create a pipeline
and we're off to the races. Is that how it works?
Speaker 3 (34:57):
Yes?
Speaker 15 (34:57):
And I think with infrastructure in particularly to be getting
close to something that looks like we have an agreed
plan and we'll stick to it. So that's a great thing.
Speaker 2 (35:04):
Good. So what you're looking at, let's just count them off.
Stability and certainty. You don't really have that. Do your
infrastructure and consenting you'd be happy with that, happy issue
with that.
Speaker 3 (35:13):
Yeah.
Speaker 15 (35:13):
I think the direction of travel on that one is
pretty good and I think both of the major parties
are pretty agreed on the spatial planning piece of it.
There's some noise around the environmental side and the couple
other bits and pieces, but I think on that one
they kind of line up everything. I've heard from the
labor guys that I've talked to says they're okay with that,
and it wasn't David Parker's piece of legislation last time
(35:35):
around as well.
Speaker 2 (35:36):
Yeah, energy supply, we're getting there, aren't we.
Speaker 15 (35:39):
Not as clear as we would like on that one,
you know, I think we've gone from being internationally competitive
to supply and a cost that is routinely cited not
the only reason, but one of the main reasons for
shutting down number of our businesses, and that's contributing to them.
Speaker 2 (35:55):
The renewal of ellen, the renewables, the solar panels, the turbines, spinning,
the investment is all there. They tell us.
Speaker 15 (36:02):
Yeah, there's plenty of those, but you also need some
thermal backup for that, and you also need to be
able to get the energy from where it's generated where
it's needed, and there's some regulatory handbrakes in the way
of that that make it difficult. For example, you can't
build ahead of the generation being built, which seems a
bit counterintuitive, but that's the rules that transpoer in particular
(36:23):
works under.
Speaker 2 (36:24):
Yeah, employment legislation. You might have an issue, mightn't you.
Speaker 15 (36:28):
If there's a change of government. I think we'll see
particularly fair pay agreements which are just national awards by
another name. They're being promised to come back and don't
see the need for those. They don't work and they
just create. Well, in Australia's case, they've got one hundred
and fifty of them now, so you have one hundred
and fifty different minimum wages.
Speaker 2 (36:47):
And this in calling for what you want, great idea,
nothing wrong with it until you get a centrist type
government and a left leaning version of the Labor Party.
As long as you've got that, you've got trouble, haven't you.
Speaker 15 (37:00):
Think if we can agree on the major guardrails, the
major settings, if you like, you'll always get some noise
around the edges, But it shouldn't really matter what flavor
of government we get, and to be honest, we don't care.
Obviously we've got some preferences with some policies, but as
long as you can agree on the major settings and
you make some changes to around the edges. Then that's okay.
(37:23):
But with this continual flip flopping that we've had over
the last decade or so, it's just been highly problematic.
Speaker 2 (37:29):
I'm right good to talk to you Allen McDonald out
of the EMA this morning. Mic the way some fear
among us are talking about this twenty billion, You think
it was aid money or donations. It's investment money, money
you put in so you get a positive return, exactly.
Far too much time has been wasted on that particular
aspect of at fifteen past David Seymore is running the
country as of this morning seventeen past seven, so he's
whether shortly anyway. Quick look at the grocerysector supplier index.
(37:50):
This is your cost to supermarket's two point one percent
for June. Seven thousand products rose in price last month.
Brad Olsen is Informetric's principal economist, of course, and is
with us. Bradley, good morning, good morning. I'm not upset
about this because it's about the same as may so.
In other words, it's not moving up or down. That's
about It's in the sweet spot, isn't It's about where
we wanted zero to three. It's in the band.
Speaker 19 (38:10):
Well, it's certainly not as bad as we might have fared.
I mean, the fact that you saw nearly seven thousand
items increase in cost, that was the bit that we
were sort of waiting with baited breath for. We knew
they were coming through. A lot of those to do
with fuel adjustment factors from a couple of months back
that have only just hit the system, but we were
worried that you would have this combination of real breadth,
(38:30):
lots of products increasing but also increasing by a lot.
You didn't get that second one, and so like you say,
I mean, things could have been I think a lot worse.
Let's be clear, there's still a potential for volatility here,
given that you know, the ceasefire is apparently off, even
though oil markets don't seem to care about that. But again,
for now, yes, you're right, things don't appear to be
(38:51):
all well, not as bad. I mean, the challenge will
be there's different products that we're seeing sort of larger
or not so large increases coming through, So still very
mixed out there.
Speaker 7 (39:01):
Now.
Speaker 2 (39:01):
What does worry maye is half of them aren't fuel,
So what's going on there? They taking the mickey?
Speaker 19 (39:07):
Well, no, I suspect it's a little bit more nuanced
in there. So you've got about half of them, like
you say, that are direct fuel adjustment factors, so they
will go up because fuel prices have gone up, but
also should now start to pull back now that diesels
started to ease back. The rest of them, we think
are probably a combination of some normal sort of changes.
You look at the likes of meat prices overseas that
(39:29):
continue to go up because of supply and demand. The
others are probably sort of more indirect supply chain effects.
Now effectively, I.
Speaker 3 (39:36):
Think a lot of that is probably plastics prices. You
look at the likes of the likes of.
Speaker 19 (39:40):
Hash browns, frozen fries, frozen berries, all increasing in cost.
We think that part of that is the fact that
they are all coming in plastic packaging, and of course
the price of plastics alongside fuel have also increased, So
more of that indirect part coming through. But again, I mean,
there's just a wide variety of random stuff coming through
as those pressures roll on. But it's now June, right,
(40:03):
These figures are for June. The conflict started start as March,
so it does clearly take some time for these changes
to filter through into the system.
Speaker 2 (40:10):
Good insight, Brad, appreciate it, Brad Olson, out of in
for metrics and just dump your fries and your fish
fingers and your potato cas. You've done for goodness sake, Hey,
run your own inflation program. Listen, I got some worries
around the government and this got miss at the I
mean they did it Thursday for obvious reasons. This business
of the old roads of national significance have hit a
speed bump. So more in a moment seven twenty.
Speaker 1 (40:32):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, how
It by News Talks EB.
Speaker 2 (40:41):
Now most people know hearing aids would probably help them,
but the question is why they don't do anything about it,
And the big part of that answer is, of course,
the costs. So you've got thousands of dollars up front,
significant commitment, and knowing that you'll likely face a similar
bill in a few years down the track when the
technology does even more than it does now. So anyway,
Resonate Health have designed a completely different model, and this
is why the going gangbusters. This is why it's working.
(41:02):
Their unlimited subscription gives you access to top of the
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sum to get started, no financial surprise further down the track.
So hearing care becomes something you manage over time rather
than a major purchase you've got to justify every few years.
(41:22):
See as simple, isn't it? And yet now one thought
about it. If the upfront cost has been the reason
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resonatehealth dot co dot nz or on the old telephone
at eight hundred and seven to three seven six six
two paskings A forty four. What's working for the government
at the moment, broadly speaking, is the economy. Of course,
(41:44):
the unmanufacturing numbers a very good example of that. This morning,
the economy looks like it's coming right in time to
milk it all the way to the election. So the
roads of significance, that reset is what you would loosely
call a setback of not a dead rat. Now this
country has become famous for talking big and doing little
for promising things that never happen. And as that reputation
built up over many years and many governments, you hope
(42:04):
we were slowly upon realizing the futility of such behavior,
actually looking to bring it to an end. And yet no,
it's worse for National because they are the party of
the economy. They are the party that gets elected historically
speaking after Labour, cockatill Up. They're the adults in the room.
So for Chris Bishop to tell us what they promised
isn't happening the way they thought it would is a
(42:25):
blow to the credibility. Further, the admission that the promises
were ambitious is not as big a problem as admitting
the promises were driven largely, he said, by the construction
industry wanting a pipeline of work. Now, that smacks of
politics of convenience. In other words, smacks of a party
telling you what you want to hear. For all the
criticism of Labor and get Wellington moving, or the light
(42:46):
rail and Auckland Debarkle, all that nonsense, National admitting they
over promised is not a good look. Glass half full,
I suppose. I mean, stuff is happening, things are being built,
but let's be honest when they say five project are
in the slow lane. The slow lane in this country
is the no lane. The slow slow lane's the no lane.
They won't ever happen. And that's before you get to
(43:08):
the prospect of a labor election win, which will lead
to the old obsession with cycleways and bus lane so
none of it will ever come to pass. Government is
about delivery, right. Elections are about choosing your path of choice.
After that, it's delivery. Labor are famous for lack of it.
National on roads turns out not as bad, but they're
not what they said they were on the ten asking.
(43:31):
That's some more photos from Andrew Alderson. I don't know
how long this road show is going on for, but
photos overnight from Andrew Alderson and the family. Last week
I told you about he was sitting in Clarkson's farm
or Diddley Squat or at the farmer's dog or whatever
it's called. And he's found he's in Paris. This morning.
He is in Paris and the kids look like they're
not missing school even a little bit, even though I
(43:52):
know it's school holidays. But on my suspicion as those
children were not in school, before the holidays start. Anyway,
he says he's coming back sometime this month, possibly next
other one. I got photo from the boss, who's also
on holiday. Literally everyone's on holiday. Literally no one is here.
Boss is on holidays, having the time of his life.
He sent me a photo of his wine of choice
for lunch. He drinks a bottle at lunch, in a
(44:14):
bottle for dinner, except when he's on holiday, where he
drinks twice as much. Anyway, So he sent me a photo.
And this is why we're doing so well as a country.
He sent me a bottle of wine. A photo of
a bottle of wine at Craigie Range serving you on blanc.
Sitting in California, having lunch with a bottle of Craigie
Range serving on blanc. Now, I happen to know this
particular bottle of serving on bloc's about twenty five bucks.
So I said, what'd you pay for that? He paid
(44:35):
eighty one dollars New Zealand eighty one dollars, So that
same bottle goes from twenty five New Zealand to eighty
one dollars in Los Angeles and that, and so you
say to yourself, well do people pay it and the
answer is yes, they do, and that's why the exports
are booming, and there's tariff money on that, along with
the shipping and all the other nonsense that goes with it,
and yet people are still prepared to pay for it.
(44:55):
And if you make some of the best in the world,
and the New Zealand serving on Blanc is as good
as it gets, people will pay the price. And that's
why the New Zealand story is slowly but surely coming
right Acting Prime Minister because Prime Minister's why on holidays?
Well he sent me no father's over not at all.
I don't know where he is or what he's doing,
but anyway, David Seamore's running the country and he's with
us next.
Speaker 4 (45:16):
No fluff, just facts and fierce debate.
Speaker 1 (45:19):
The Mic Hosking Breakfast with Defender Trophy, Epic Adventure, Greater
Purpose News talks Thea'd be ill.
Speaker 2 (45:25):
If you loved Pride, of course, being a Monday twenty
three minutes away from it, I was mentioning before the
news that everyone's away on holiday and that includes the
Prime minister. So we've got an acting Prime Minister and
his name is David Seymour, Who's what this? Good morning?
Good morning mate, I asked Tom McLay the Mody thing.
You were there as well? Is there a magic about him?
As there is something there about Mody.
Speaker 20 (45:44):
You don't get to be the prime minister of one
point four billion people and when three times in a
row without having a bit of an X factor. And
I went along to his rally more out of political
nerdism than any professional engage. So I sat up there
next to him and lux and he got up and
gave a speech and wow, he's a cross between a
(46:07):
sort of charismatic Baptist preacher Winston Churchill and a sort
of New World leader. He was more performing than speaking.
So I don't know, maybe a few tips might be
helpful for the campaign here have they?
Speaker 2 (46:20):
I mean, do you worry about the twenty billion the
obsession that we've had over this, or will this be
like every other FTA? It will work out fine, Thanks
very much.
Speaker 20 (46:29):
You know, when I first got into politics, it was
the Transpacific Partnership. You might remember the woman who threw
the dildo at Steven Joyce, which was actually one of
the first of many glorious things that have come out
of the tpp A trade is carried on the world
hasn't ended. There's always this controversy before you have a
trade agreement, but in reality it's been good for us.
(46:53):
This India Free Trade Agreement will be fantastic. Just people
I've spoken to over the weekend that the business opportunities
that they have are enormous and we'll look back on
this and wonder what all the fuss was about.
Speaker 2 (47:04):
Explain why Winston doesn't get it or is it pure
racism as a guy who was against China, But I
mean that's the beginning of the middle and the end
of your argument, isn't it. You can't be against China
and still be against India, can you? Or can you?
Speaker 20 (47:15):
Well, let me try and put a positive construction on this.
Winston's party is called New Zealand First, and whenever we
as a country go out and negotiate with someone else,
there's uncertainty. People aren't quite sure what to make of it.
I'm a free trader. I believe it's positive to trade
value for value with our friends around the world. But
(47:35):
I think he capitalizes on that uncertainty, and I think
he also capitalizes on people not remembering the last time
he capitalized it is so good item. I admire him
as a politician.
Speaker 2 (47:48):
Where do you think the economy is that? Because we
focus a lot on the National party in that sense,
and I'll come to the road's national significance. But if
you looked at the PMI that came out on Thursday
or Friday, whenever it's you can't argue with those numbers.
It's going gangbusters. Where's the economy at for the election?
Speaker 20 (48:07):
I think it will be positive compared with now. And
there's a couple of reasons for that. One is that
despite what's happened in the last forty eight hours, all
the incentives in the Middle East are for peace and
to open up the strait. And you're seeing that that
Brent crude price is staying low, the price that the
pump is staying low. That means more cash in people's pockets.
(48:29):
So that's the first thing. The second thing is I
think there's a lot of spirit out there that look crazy,
stuff's happened. It's been very painful, We've made sacrifices. We
have the light at the end of the tunnel closed down.
It's time to just get on with it. So people's
appetite for taking risk and difficult circumstances has increased. People
have kind of priced the uncertainty in So for those
(48:49):
two reasons, lower energy cost and more sort of realism
about what happens and how we get through it is
going to leave us in a better place.
Speaker 2 (48:58):
Right the Ron's and the Bishop announcement on Thursday, do
you carry some of the can for that, because I mean,
it's not working the way that it was promised, and
you are the government of delivery allegedly.
Speaker 20 (49:10):
Well, first of all, I think it's important to separate
what a political party being national campaigned on. They can
campaign on whatever they like, but the government has to
deliver what's realistic, and as a government, that's what we're doing.
The second point I'd make, and I think Chris Bishop
deserves some credit for this, is that he's really the
first one in a generation to ask why does this
(49:31):
stuff cost so much? Because what I've discovered is politicians
that the officials and the bureaucrates basically say you want
this project, here's the cost you guys. Job is either
to raise more taxes, borrow more money, or cut something
else to pay for it, where just accountants basically whereas
Chris has gone back and started challenging them. We did
this with the courthouses. They told us it's a quarter
of a billion dollars, two hundred and fifty million for
(49:53):
a courthouse. We said, hang on, you could build a
really nice home for a million dollars. How can one
court cost two hundred and fifty horses? We said, hey, guys,
you've got a hundred million. You figure it out. And
that's the kind of approach that we've got to start taking.
Don't just take the price the bureaucrats give us. So
if what comes out of this and what and Chris
Bishop's already started to say it, what comes out of
(50:15):
it is we start actually asking why stuff costs so
bloody much in New Zealand, then we might actually be
able to solve this.
Speaker 2 (50:20):
But do you think we will, Well, I tell you what.
Speaker 20 (50:23):
We definitely won't if we don't try, but we might
if we do try.
Speaker 2 (50:27):
Where are you at on the social media? Because it
looks like nationally going with labor to try and get
the social media, whatever formal shape it comes out across
the line. Are you against banning kids from social media?
Speaker 20 (50:38):
I'm against the ban I don't think the ban will succeed.
I acknowledge that parents are embattled. You know, we're halfway
through a school holiday right now. I go and knock
on doors and people are he's only four days to go,
so you know, I understand, you know where people are
at and parents need help here. I just don't believe
that the state doing a ban is the help that
(51:00):
is going to solve the problem. And I base that
on what's happened in Australia, It's happened in the UK.
It's unfortunately, for every problem there is a solution that
is easy, simple and wrong.
Speaker 2 (51:11):
Do you think that you're too pure on it, because
you're right, indisputably right. But people want the help.
Speaker 20 (51:20):
I think we're at a period of politics that has
become more emotional and less analytical, and I realize that
there'll be people throwing stuff at the radio saying you're
out of touch your deckhead. Well okay, fine, but our
policies do have to work in the long term. We
didn't build this country by knee jerk reactions and running
(51:41):
off every time there's a problem to put in place
of policy that didn't work. I mean, we had a
lot of that under just Sinda Redourn. Frankly, I'm here
to say, look, we want to build a great country,
but it's going to take a bit more thought than
the first thing that comes along.
Speaker 2 (51:53):
Could elbow say no it's not ideal, and no it's
not working the way I thought it would. But at
least we've made a dent and it's better than it was. Therefore,
your argument doesen sticks.
Speaker 20 (52:04):
The stat I saw was that before he did his ban,
eighty four percent of young Australians were using the apps
that he banned. After he did his band seventy eight
percent of using the apps that he banned. So I
guess he could claim that that six percent drop is
a success. But I think the fact that even he
is now reeling to pat cover over with new extensions
(52:25):
to the ban and new penalties and banning VPNs and
all the other crazy stuff exposes that the real Achilles'
heel of this is that any ban that is strong
enough to outsmart motivated teenagers is also going to wipe
out privacy and internet freedom for everyone else, because teenagers
are generally better at getting around the stuff than had Holts.
Speaker 2 (52:45):
Before he lived on holiday. Luxon was talking about the
possibility of us joining this defense alliance Australia, Fuji, etc.
Where at government level is that at and what literally
does it mean because I'm assuming if somebody did something
to Fiji, we'd go to help any way and vice versa.
Speaker 20 (53:01):
First of all, it is being discussed at government level.
It will take final sign off by cabinet. But before
the Australians and Fijians made their announcement, we were aware
of it and talking about it and had given a
mandate to our people in the diplomatic Corps to go
off and potentially negotiate to be part of the agreement.
(53:22):
Obviously the Australians in Fijians would would have to want
us to be part of it. So there's a bit
of water to go into that particular bridge. But in
the end we will have an ocean of peace agreement
with at least the three countries and it will start
to build out a clear message to anyone else that
wants to come into the region or frankly fire missiles
into the region that people down here like each other,
(53:44):
they work together, and if you want to do business
down here, then you've got to do business with us.
Speaker 17 (53:49):
Well.
Speaker 2 (53:49):
The problem with that is do you think it'll make
a jot of difference.
Speaker 20 (53:52):
I think it will if you look at this announce
this event over the weekend, you know, putting aside the
occasional anti India sentiment out in New Zealand, there was
a warmth about the relationship between Luxon and Mody, between
New Zealand and India, and between Kiwi Indians and the
rest of New Zealand. Now I could say some of
those things about the relationship between Chinese Kiwis and the
(54:15):
rest of New Zealand, and maybe between China and New Zealand.
But at government level, when you're firing missiles into the
sea not so far from where Kiwi kids are, the
lucky ones at least are going on holiday this weekend,
this school holidays, then it's not so warm anymore. And
I don't think you could have imagined that rally with
a politician from China, unfortunately. So the impact that this
(54:39):
is having is that China's years of diplomacy saying we
are your friends unravels when they pull these kinds of stunts.
Speaker 2 (54:45):
Good to see you appreciate, Acting Prime Minister David Seymour
fourteen two.
Speaker 1 (54:50):
The Vike Asking Breakfast Full Show podcast on iHeartRadio.
Speaker 4 (54:54):
How ad By News talks, it'd.
Speaker 2 (54:55):
Be Mike Seymour just talks common sense. He'll get about
fifteen percent of the vote come election day. Grant, I
think you're wrong. I'll come back to that. Though, excellent
interview with Seymour. I feel David was more reserved than usual.
I think it's respect for the position. Gosh, he speaks well, Mike.
What a great logical, calm interview, Mike. It gives parents
some leverage. That's the that's the elbow argument on social
(55:16):
media band What a pleasure to listen to. David Seamoll
always gives great articulate answers to questions. Very smart guy.
Will you clearly like that? Which is encouraging. As regards
the poll of polls which came out over the weekend,
they've made it's the only poll I'm sort of interested
in between here and the election because the other poles
are just so ropey, You've got no idea what's going on.
But the pole of polls seems to indicate that the
(55:38):
government has a sixty nine point nine percent chance of
being returned, which is down from seventy six point four
Labor the Greens into party Maray have seven point two
percent chance of winning. Now they've got the Opportunity Party
at thirty nine percent of getting across five percent, thirty
nine percent of getting across five percent, which an interesting
(55:59):
number I thought, given there's only one pole as far
as I know that actually has them even close to
five percent. The last pole I had them it was
with a three. That was Thursday or Friday. There was
a Taxpayer Union pole they had three point something. The
TV one pole at four point something, so they got
a thirty nine percent. But then but then the pole
(56:20):
of poles goes all wonky. So I'll explain more in
a moment.
Speaker 1 (56:23):
Nine to eight the Mi Hosking Breakfast with Bailey's Real
Estate News Dogs, they'd be.
Speaker 2 (56:28):
Like the top party, you've already peaked. I don't see
them going any higher. What they need, I tend to
agree with you. What they need is a five, as
in a pole with a five for five point something.
If they get a pole with a five points something
and that leads to another pole or maybe three poles
with a five, then they're in the contest genuinely. Unless
they crack that and crack that soon, then there are
no hopes. But back to this pole of poles. So
(56:51):
you go to a Labor Green to Party Mari Opportunity
combination and that's still only got a twenty two percent
chance of winning the government. So you can see why
the production I've made all year that the government are
home free. Yes, it'll be tight, but that's not the point.
The point is you either win or you don't, and
they will win, but then then it goes all win.
(57:12):
This is what the poll of polls. People are got
to start worrying about a little bit. They start looking
at the possibility of a National New Zealand First Act
Opportunity Party combination. Now, why would you do that. It's
not happening, it's not real. The Opportunity Party are not
a party that they are a party of land tax.
They're a party that wants to give every single New
(57:32):
Zealander an income for free. Well it's not for free, obviously,
but it's a universal wage. There's nothing centrist or seen
to write about any of those ideas. Therefore they're not going.
And that's before you get to the National Party, et cetera,
who have already ruled them out. So putting combinations to me,
that aren't going to happen is fruitless. So a National
New Zealand First Act Opportunity combination is eighty eight point
(57:55):
seven percent. Well, no kidding, Why don't we just go
down the track of a grand What are the odds
of say, National Labour joining together in a grand coalition?
What would the odds be, Well, they're probably ninety eight percent.
But given it's not real, what's the point stop wasting
my time so as it sits now on the things
that may happen. Sixty nine point nine percent chance that
(58:16):
the government gets a reelection or a second term? Right sport?
Over the weekend? What did I watch? What's the All Blacks?
And I thought that was better than many of the
critics said. Critics just wake up being miserable, aren't now?
I mean, in my book of wins, a win and
it was easy when and could they played better? Yes?
Could we all be better? Yes we could. But you know,
a win's a win, and we're two from two. Let's
just take that and run with it. Warrior is fantastic,
(58:37):
same story. I suppose you can find a few critics going, oh,
well they dropped here and they missed that, and they
looked a bit. You know, we won by a mile
the end, got the points and we'll be back next
week for another crack at that. Then yesterday, in fact
it was Friday, Saturday and Sunday. But and I don't
think this has got the coverage it deserves. Matthew Paine,
who we've had on the program a number of times,
is only in his third year of Supercar. He's now
(59:01):
not only winning periodically, he's now leading the championship. It's
entirely possible he is the next Scott McLaughlin and so
he overtook them. Over the weekend. Rock Feeney was leading,
but the GAP's been closing because Feenie and Brown and
Triple eight are having trouble. Bat Payne took over by
a couple of points and then came He won the
race Saturday. It was a brilliant race. On Saturday, yesterday's race,
(59:23):
he came second behind Kostecki but got more points. And
Phoenie's still not in the competition. So overall for that championship,
Matt Payne of New Zealand is leading currently, so there's
some real prospect there. By the way, Scott Dixon is
on the program tomorrow after Ray o'clock. Just while I'm
on the broad subject of motorsport, but on the broader
(59:44):
subject of sport generally Andrew and Jason, but moments.
Speaker 1 (59:47):
Away asking the questions others won't the mic asking breakfast
with Bailey's real estate. Your local experts with national and
global reach used Togs d Ben the SPA.
Speaker 4 (01:00:03):
It is no wrong, no Ron, come second laps.
Speaker 16 (01:00:08):
You came across bail Safar Laura's and go it a
frenetic finish and.
Speaker 21 (01:00:13):
That's full time and the Old Blacks climbed the victory
at Henry Side and forty seven.
Speaker 8 (01:00:21):
It's a second and half months class from the French.
Speaker 3 (01:00:26):
France forty two, Australia's trading ship.
Speaker 4 (01:00:29):
The final Whishold England move on to the World Cup
semi final.
Speaker 2 (01:00:36):
Theres the monster Night three.
Speaker 12 (01:00:40):
That's the.
Speaker 4 (01:00:44):
Yavic Feder's supremacy. It's again the story at Wimbleman.
Speaker 1 (01:00:50):
The Monday Morning Commentary Box with Spia's Finance Smart Asset
and Equipment Finance for Kiwi businesses.
Speaker 2 (01:00:56):
Andrew Several Morning Morning, Mike, Jayson Pond, Good morning, Good
a Mike, Andrew, your lot of sport? What was your highlight?
Speaker 21 (01:01:06):
A lot of sport Mike probably Will Jordan cracking that
all blacks test trace scoring records stood for twenty odd
years from Doug Hallett and then Will Jordan what is it,
fifty tries and fifty six tests, which is quite remarkable.
He always seems to be in the right position at
the right time, right place, whether it's fullback or wing.
(01:01:27):
So that was yeah, that was one of the highlights.
And then yesterday England Jude Bellingham can't get enough of
watching this guy.
Speaker 3 (01:01:34):
Isn't he superb?
Speaker 2 (01:01:36):
Do you reckon they're any good.
Speaker 3 (01:01:39):
England? Yeah? Yeah, yeah, Well I don't put it this way.
Speaker 22 (01:01:42):
I actually think they're they're the least impressive of the
semi finalists, but that doesn't mean they won't win the
World Cup. Spain and France will meet for semi final Wednesday.
A lot of people saying, whoever wins that is favorite
to win the World Cup, and I think that's probably right.
England Argentina man game that's going to be Thursday morning.
England have just found a way to get to where
(01:02:04):
they are. Jude Bellingham, as sav said, gee, what a player.
They're playing good tournament football. All you have to do
is win the game and go through to the next round.
I don't think they will win it. I don't think
it is coming home. But here they are in the
final four.
Speaker 2 (01:02:18):
And also they've stitched it up, so Messi becomes a
hero and the whole thing's poor. Gone conclusion according to
the ten hatters.
Speaker 23 (01:02:24):
Yeah yeah, sort of over stay off, stay off instant Mike, Yeah, yeah, yeah,
I know, I know, I know Infantino and Trump, you
know they message that American red card.
Speaker 21 (01:02:36):
But I don't think they're telling the reps to take
it easy on the Argentinians, to give them the lucky break.
Speaker 2 (01:02:41):
Before we leap all over the place. Sav As far
as the rugby is concerned, All Blacks, France, Australia, Island, Japan.
Is there anything in there that you saw that was like,
oh my god, you know what's going on here?
Speaker 3 (01:02:51):
Or no?
Speaker 21 (01:02:53):
No, I'm quite enjoying this new competition because every game
has been quite entertaining.
Speaker 3 (01:02:59):
There's there's points on the line for this, for this championship. Mike.
I thought the All Blacks we were better in patches.
Still a lot of eerrors.
Speaker 21 (01:03:07):
I still think that looks like they're betting in a
fair amount, especially on attack and bedding and other stuff
on and off the field, So I think you've got
to give them some time on that front.
Speaker 3 (01:03:18):
The Italians came.
Speaker 21 (01:03:19):
To play very fast events, try to slow the ball
down at the breakdown, and I think it's probably just
the test or just the opposition they needed before they
face Island Eden Park, because they're going to have to
be better against the Irish.
Speaker 2 (01:03:31):
Am I the only person, Jason who enjoys sport in
this country because all I you know, I watch whatever
I watch and I'm buying large enjoy it and then
all I read is just misery and woe and what
went wrong and who could have done better?
Speaker 3 (01:03:44):
Being miserable?
Speaker 2 (01:03:45):
No, no, not then I'm just thinking generally, it doesn't
meanter Like the Warriors win was fantastic, one thoroughly entertaining games,
threw the ball all over the place and we won
by a mile. All Blacks won by a mile.
Speaker 11 (01:03:53):
What was the problem?
Speaker 2 (01:03:54):
Why do you need to analyze the Bejesus out of
it in a negative every time?
Speaker 22 (01:03:58):
Yeah, it's a good point, like actually, but because I
think we rushed to try and find things that we're
not happy with rather than just be happy with what
we say. Look sav right the first half. Look, that
was a very good Italian performance. Second half all blacks
came out and really turned it on.
Speaker 3 (01:04:12):
It was look.
Speaker 22 (01:04:13):
I enjoyed being there on Saturday night at Wellington. In fact,
Wellington had a great weekend. There was a charity lunch,
the Champion's Charity Lunch on Friday. They raised five hundred
and eighty five grand for Lifelight. A brilliant day. There
a whole bunch of all blacks up, you know, giving
their time and it was an awesome day.
Speaker 3 (01:04:30):
And then the game itself.
Speaker 22 (01:04:32):
Will Jordan generational player, you know, you think of everybody
who's been chasing Doug Howlett for twenty years and hasn't
got there. How many might will Jordan get? He's on
fifty or fifty six tests. He could get seventy the
world record sixty nine. He could be the world record
holder in a couple of years.
Speaker 2 (01:04:50):
Does just quickly before we move off the rugby sab
does the France beating Australia by so much tell us
more about Australia than France given what we did to France, or.
Speaker 21 (01:04:58):
Know, I think the French team was much better than
the one that toured here last year my number one.
Speaker 3 (01:05:04):
Secondly, the Australians are being the Australians again.
Speaker 21 (01:05:07):
They show heaps of promise early in games and then
they seem to fall off the face of the earth.
So continuing struggles for the Aussies as we saw in
Super Rugby. Look a couple of negatives from the weekend,
if I may, given your positivity the.
Speaker 3 (01:05:23):
TMO, can they just bugger off out of rugby? And secondly,
the var in football is too ridiculous.
Speaker 21 (01:05:31):
Have you ever seen a player yellow carter than the
rugby game sits down on the seat at halfway shaking
his head, then he gets called back onto the field.
Speaker 2 (01:05:40):
Ridiculous, too much of it and takes too long. And
it was applicable. You'd correct me if I'm wrong, Jason,
it was applicable on the football. I mean the amount
of time they spent happen.
Speaker 21 (01:05:51):
The Norwegians got the goal ruled out because of Harlan's push,
But that happens, Jason. You'd confirmed this every corner in
every football game at that level, there's always pushed and show.
Speaker 22 (01:06:00):
Yeah, the shades of gray have just become so blurred, guys,
you're right. And then there was that situation yesterday where
the Argentinian was given the yellow card via I said,
hang on coming.
Speaker 3 (01:06:09):
Have a look.
Speaker 22 (01:06:10):
I think the Swiss bloke has dived. The refuent had
a look, he had dived and that was that guy's
second yellow, so he's off. There's a lot of confusion
around it. Honestly, that TMO on Saturday night in Wellington
and in fat guys, the refereeing performance was very confusing,
very confused.
Speaker 3 (01:06:26):
I mean, Ruben love what you say.
Speaker 22 (01:06:27):
He sat down and then had a look at it.
I actually come back on Ruben. It was a try
that was scored and converted and then the TMO is
still getting involved and yeah, like let the guys on
the field do the work and for serious foul play
bringing the team.
Speaker 2 (01:06:40):
Exactly brief break more in the moment Jason Pin and
Andrew Sebil Thirteen past.
Speaker 1 (01:06:44):
The Mike Husking Breakfast Full Show podcast on iHeartRadio, pared
by News Talks.
Speaker 16 (01:06:50):
It be sixteen past eight The Monday Morning commentary barks
with Spears Finands, Smart assid and equipment finance for Kiwi
businesses is the Was.
Speaker 2 (01:07:01):
The Brendan McCullum thing a thing?
Speaker 3 (01:07:02):
Or was he?
Speaker 2 (01:07:03):
He was always too many nightclubs, too many problems with
the captain, too many.
Speaker 21 (01:07:07):
How many problems? Too many problems. Ben Stokes announcing his
retirement during the blooming Game and then putting himself up
the order, I think something had to happen. He's staying
on as white ball coach and get that. But I
think baseball we test level. I think that the Poems
are just signing or the English rather are sickond tired
of it.
Speaker 2 (01:07:23):
But can you if you have a policy. I don't
know whether this is that policy, but if you have
a policy of having one coach for all forms of
the game and then you sacking from one form of
the game, don't you have to sack them from the
other form of the game or do you change the
rules just depending on who the person is.
Speaker 3 (01:07:37):
But I think the way they're trying to play it
test well.
Speaker 21 (01:07:39):
I think it worked initially right under Stokes as well
and McCullum, but it hasn't worked recently and I think
the English have decided right, he's okay for the white
ball team because that's that's McCullum, that's that's the Brenda McCullum.
Give everything a crack, right, swashbuckling, but not a test level.
Speaker 2 (01:07:56):
Okay, quick one, Jason, who wins the World Cup? Just
for the re called give me that, give me the
two finalists and the ultimate winner.
Speaker 3 (01:08:04):
France against England. France won it? Yeah, probably probably you
both gon with it is.
Speaker 21 (01:08:10):
Going to have to play better against Argentina, but they
should make I've got.
Speaker 2 (01:08:16):
To say, sav having followed your decision to charge forty
four ninety five for the football behind your paywall, I
line that money up against Connor McGregor's forty four ninety five.
You would have got one more value for.
Speaker 3 (01:08:32):
Money, Yeah, a lot more value for manners. I would
imagine that.
Speaker 21 (01:08:37):
I would imagine the Connom McGregor subscriptions exceeded expectation as well.
Speaker 2 (01:08:41):
Yourrectly how many how long do you have to go?
Because I mean it's easy to say with the benefit
of hindsight, but the guy hasn't been around for five years,
you know what, What were the odds of him being
able to come back in some sort of masterful way
that would lead you to go, oh my god, that's
a new think.
Speaker 3 (01:08:56):
We want to be better than that. I think it
was just a freak accident, wasn't it. Just the landed on.
Speaker 2 (01:09:00):
Because that's what happens when you're old.
Speaker 4 (01:09:03):
Freak accidents, that's what you call mate.
Speaker 3 (01:09:07):
I'm still getting out of Russell. I'm still getting over Russell.
I still can't get out of bed properly.
Speaker 2 (01:09:11):
Are you still in pain?
Speaker 3 (01:09:13):
My ribs? I'm on my ape coffee this morning just
to talk to you.
Speaker 2 (01:09:16):
You're still on the max of Jesus or whatever it
is you take when you you're going to be back
again in two years time. So they do it every
every every ever, every twenty four months. When they come
to you and you're like sixty eight or sixty nine,
they're going to go up one more time, Sam, I reckon.
Speaker 3 (01:09:31):
The key might be to start training further than three
weeks out. Yeah, what about who do you mention?
Speaker 2 (01:09:40):
That's your story? And I don't think people are taking this,
don't understand what's going on. This guy is. I mean,
it's one thing for New Zealand to lead the competition.
That's fantastic. He's only in his third season.
Speaker 22 (01:09:51):
He's I mean, we've had some great supercar drivers, haven't we.
You know, McLachlan, Van Gisberg and Murphy all of them.
And he yes, you say, Mike at his young age,
what was he on the podium all three races?
Speaker 2 (01:10:01):
You're testing me in the first race, but I think
almost certainly, yes, he won the second. That was the
most impressive. When he came second.
Speaker 21 (01:10:07):
He's leading the championship. If he goes on and wins it,
he's one bath thirst. Yeah, he's done everything already. In supercars,
he's what is he twenty three?
Speaker 2 (01:10:17):
You say, is that your next question? Where's we go?
Speaker 3 (01:10:20):
Does he go to NASCAR?
Speaker 8 (01:10:21):
Yeah?
Speaker 2 (01:10:21):
No, no, no, no, you don't get it.
Speaker 3 (01:10:23):
In car?
Speaker 2 (01:10:23):
What car he might go? I haven't talked to him
about single seat of versus. I think there's only experienced.
I think he's the classic. He's gone through the eighty
sixers and all that sort of stuff. I don't know
that he's got a lot of experience in a single city.
You've got to be, in my experience, you've got to
be a person that aims to be a single seated
driver as opposed to a you know, like a like
a NASCAR or a supercar.
Speaker 11 (01:10:42):
You know what I mean.
Speaker 2 (01:10:42):
You've got to have that thing about you. And I
don't know that he doesn't.
Speaker 22 (01:10:46):
Yeah, Scotty mclock and he's giving it a crack, isn't it,
Indy Carr? I guess you know, but he was a
terrific supercars driver, of course, but you know so maybe
pains cut from the same cloth.
Speaker 2 (01:10:58):
Maybe next time, next time we have him on, I
will ask him it's a question well worth having Scott Dixon,
who I've got on the program tomorrow. You can't overstate
that either, can you. I mean, you're in a team
for twenty five years.
Speaker 3 (01:11:10):
And yet it never happens in motor racings.
Speaker 2 (01:11:12):
No, never exactly, And I'm assuming, Oh, what's his face?
Zach Brown's behind it too, isn't he Zach runs the team?
He'd be straight on the phone to Scott Dixon. That
would have been a one on one, wouldn't it.
Speaker 3 (01:11:23):
Imagine?
Speaker 21 (01:11:24):
So is it a great book into his career that
he ends up with a team with strong New Zealand ties?
Speaker 2 (01:11:28):
Still, well, that's isn't that one of the questions I
want to ask him tomorrow, Like how did the I mean,
what does that play a fact? I mean, it's a
nice thing.
Speaker 3 (01:11:36):
Was that one of the key decisions? Yeah? You reckon?
Speaker 2 (01:11:41):
Give us a basic question line, sat give us a
well you doing nothing else? Clearly you're just laying on
the bed with your coffees. Fire off a couple of questions,
make them interesting. Start off with the interesting ones first,
so I don't get bored easily. But the what is
he going there for? Jason? Is he going there to win?
Is he going to there to say I.
Speaker 4 (01:11:59):
Did it in more than one team?
Speaker 13 (01:12:01):
Or yeah?
Speaker 22 (01:12:03):
That feels like I mean he's got nothing left to prove,
Sirs Scott Dixon. I mean he's done everything in the sport.
But knowing him, he's probably driven by perfection. He's not
going to go there just to make up the numbers.
I like the keep a connection thing as well. See,
these are all the These are the these are the
questions that will have that will have.
Speaker 3 (01:12:20):
You find that through a few men Tomorrow.
Speaker 2 (01:12:22):
Jace, feel free to contribute. Quick do you want to
when you were a? Fun fact? I've only got fifteen seconds?
Fun fact? Who won Wimbledon this morning?
Speaker 3 (01:12:30):
Sinner?
Speaker 2 (01:12:31):
Right? How long did it take?
Speaker 3 (01:12:35):
Three hours?
Speaker 2 (01:12:36):
Three hours forty seven? If a game goes more than
three hours and fifty watts? His record, he's never been beaten,
he's never he's never won, he never won, he's never won,
he's never won zero for nine when the game goes
more than three fifty, and he did it in three
forty seven.
Speaker 3 (01:12:57):
He's Andrew Savill on a tennis court.
Speaker 2 (01:12:58):
Isn't he very similar side profile? You can't tell the difference.
They say, Nice to see you, guys, Andrew Savel, Jason Pine.
Speaker 1 (01:13:07):
It is eight twenty two, So Mike hosting Breakfast with
Veta Retirement Communities, News Talks head B, the Mic Hosking
Breakfast Full Show podcast on iHeartRadio, power by News Talks
ed B.
Speaker 2 (01:13:23):
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Darren Hinch, who had a New Zealand connection in the
sense he was born here in one of Australia's pre
(01:14:30):
eminent broadcasters. You put them up with the likes of
Steve Price, obviously John Laws, the late Great John Laws
and now the late Great Darren Hence he died at
the age of eighty two storied career and television and
radio and the newspapers of course, and for a while
their owned Melbourne Radio in a way that no one
else really did. Die on Friday at the age of
eighty two. A lot of health complications over the years,
(01:14:51):
many of them began with as exceedingly record breaking along
lunches which involved tremendous amounts of alcohol and eventual liver transplants.
But one of the greates. So that another matters with
Murray Olds in a few months.
Speaker 1 (01:15:03):
Here yourself think it's the mic costme breakfast with a Vita,
retirement communities, life your Way, news, togsad B question.
Speaker 2 (01:15:12):
I'm not sure for who yet, but so a couple
of things. One, there's a company, Perth based company that
has applied to start digging for oil and gas off
the west coast of the North Island, all of which
is encouraging Taranaki Energy, subsidiary of panconk Metal Energy. They're
looking at about ten thousand square kilometers of area. So
(01:15:32):
what happens in this country is somebody comes along, go right,
we'd like a permit please. They then open a three
month competitive window for an application, which is what they've done.
So in other words, they go, well, look we've got
company A. Here, does Company B and C? You want
to come along? Happercrack as well. So part of that equation,
this is the second part of the story. So one
good news, somebody wants to look for oil and gas. Good,
good good. The second part of The equation is that
(01:15:53):
we have a system or a policy. A couple one
hundred million dollars were set aside, a skin in the
game type policy words. It was to encourage companies to
come along because the reputation of New Zealand exploration was
so badly battered by the previous government who banned it.
We figured we need to set aside some money to go.
Skin in the game. You want to do it will
(01:16:13):
come along too. And that's how that's going to work.
So that two hundred million dollars though, has been promised
by Labor as part of that solar thing they did
last week. So that's going to cost one hundred and
sixty hundred and seventy million dollars according to them, and
that money's coming from this two hundred million. Now I'm
assuming that this lot coming in from Western Australia. Go right,
We're good to go. We've got some skin in that game. Therefore,
(01:16:35):
some of that money's going to be allocated. And if
that money is allocated, where does the money come from
from the Labor Party policy. So there's two bits of
that particular story, but we'll get to the bottom of
it by the end of the week, hopefully twenty two
minutes away from.
Speaker 17 (01:16:46):
Nine International correspondence with ends and eye insurance.
Speaker 4 (01:16:50):
Peace of mind for New Zealand business.
Speaker 2 (01:16:52):
We know you man, how was your weekend?
Speaker 13 (01:16:55):
Pretty good? Thank you? Michael enjoyed the All Blacks again
and Tequez before our Wallerby's goodness may switch off. You've
got to make tackles to win test matches, that is true.
Speaker 2 (01:17:04):
What are you I didn't see the Australians, but you
got thresh threshed by the French and that we only
we beat the French, not by a lot but by
a bit. Does that make Australia a bit useless?
Speaker 13 (01:17:16):
I'm going to have fingers and toes to count the
number of years since they won the Bletter's They Cup.
I think that's probably out you're looking for. And you
know there are high hopes for the new coach, Les
Kissy's taking over of course from that esteemed Kiwi Schmidt
who took Ireland to the world number one. So you know,
(01:17:37):
don't write Australia off. I mean, that's all I'm going
to say, because on any day any team can win.
We all know that. I have a look at the
World Cup. I mean goodness, who saw Switzerland getting all
the way to the last day.
Speaker 2 (01:17:47):
Yeah, that is true. It seems to me. We've had
a couple of polls out now and this morning's another
example of it. That everyone thought Pauline was quite cool
until they heard her speak, and when they heard her
speak at the National Press Cup a couple of weeks ago,
things that things go on a but pear shaped dificence.
Speaker 13 (01:18:02):
Well they have. Look, it's the first substantial setback for
Hanson and her party in three or four months. And
this is the resolved poll that's published this morning over
here in the nine newspapers. One Nation's dropped three points
in July to twenty six percent, the Coalition up to
twenty three percent to twenty three percent, up three and
Labour's steady just under thirty. And you're right, paul In
(01:18:26):
Hanson has lost some bark in the last a little
while because people are looking at what she had to
say at the Press Club, which has been perhaps her
most public and well publicized you know, policy foray if
you like, and people don't like what they're hearing. Immigrants
and females in particular have marked it down very very harsh,
(01:18:46):
and you know, everything she's done since makes it look
like a goose you know who thinks it's a great
idea to embrace that up with Tommy whatever his name is,
up in the UK of the right wing, right wing
swiny you know, and Liz trust I mean a lettuce
in the fridge lasted longer than her Prime ministership with Britain.
Hanson thinks it's great to go and have a cup
(01:19:07):
of tea with her. She's going to she will have
to do a heck of a lot better. You know that.
I know that everyone with any interest in politics knows
you can't just stand there and go I an't like immigrants.
I want a mono culture. You need more than that.
That's what Angus Taylor was trying to tap into last
week when he took her on. He gave her a
big public whack.
Speaker 2 (01:19:27):
Having said that he I mean, it's not the end
of his problems, but he'll take the three that he'll
take the three she's lost, and I just wonder if
there's a little bit of credibility there to build on.
And he might not be as toasty as you thought
he might have been last week.
Speaker 13 (01:19:42):
Oh, there's no way known Hanson's going to form government.
The best she can hope for is maybe a couple
of extra seats in the Senate to you know, because
that's the house of review. Governments you know, always started
in the upper house. They want to get their legislation through,
you have to do some horse trading as far as
putting together finding one hundred and fifty candidates from across
(01:20:05):
Australia to contest every seat in the lower house of Parliament.
And I mean you and I've got more chances than
Pauline Hansen. The people ache attracts are These are the
you know, the tin hat weirdos, the wackies. You know,
no one's going to vote for them. At best, she
can be a party of grievance on the edges. She's saying,
Oh listen, angus, join me, join me, Pauline. I mean,
(01:20:28):
he's not going to do that in a pink fit.
If he can hold his nerve along with the National
Party under their new leader, Canavan. Canavan's a great performer.
You watch him and you know he's he's a young
senator from Queensland. He calls U Spader shovel and he's
not afraid to whack people either. So they've got us.
If they can find a set of policies that will work,
(01:20:50):
They've got a political spine they can work with. There's
no reason why they can't be a little bit more
competitive than they are right now in the next election
rolls around to this coast.
Speaker 2 (01:21:01):
Was it OPTAs the first time around? I can't remember,
so it was opter So optors can't get the phones
working now, Telstra, it's what do you guys? Run it
on cold power or something. What's going on here?
Speaker 13 (01:21:13):
I think the hamster died. It was just being required
to pedal, to paddle too hard. Anyway, Look, it is
very serious. I mean hundreds of calls failed to get
through to triple zero, the emergency calls. Of course that
when Telstra went down last week, it was some sort
of weird story about a clock that you know, flipped
(01:21:34):
back like the jets and flipped back twenty years. And
well that's the that's the last thing I read about it.
So there's going to be more. Well that's what they said.
Speaker 2 (01:21:45):
And everyone's on holiday. That's the other thing. Where's the
boss on now? She's on holiday?
Speaker 13 (01:21:49):
Well she was on holiday's school holidays that she was
overseas with the family, and she know she hot scooted straight.
I understand she put the bed in to have your
private jet, but it was already was already So she's
come home and she will front a Senate inquiry. I
think it's this week to actually explain to politicians what
the heck's going on here. After the Optus outage, there
(01:22:11):
was this elaborate plan put in place to you to
try and prevent I mean, look, you can't prevent every outage.
I mean, that's just the fact of life. But they
tried to get some fale safe system in place whereby
if one carrier fell over, another would be able to
handle those emergency calls, those life and death calls. Apparently
that did not happen this time. So they want to
find out why he did you know Darren Hinch? Look
(01:22:35):
by interview Hensch a couple of times. I didn't know
him at all, but the human headline as he was called,
he made a heck of an impact over here. I
mean he was I think he was equally liked and
loathed white people. Eighty two years old, he became the
oldest senator in the country ever at seventy two. After
a career, he was known as the human Headline for
(01:22:57):
a reason. He went to jail for naming a pedi
filed priest. No one's going to you know, criticize him
for that, well, there were a few at the time,
but you know, he went to jail for nearly two
weeks in nineteen eighty seven because this pedophile Catholic priest
a criminal trial was pending and Hitch named him. You know,
(01:23:17):
you can't do that. But he went to jail for
that any number of other incidents throughout his life. He
came over from Taranaki at the age of about sixteen
or seventeen or something and he got a job on
the Sun here in Sydney that's been closed now by Murdoch.
But he was larger than life and a bloody good
journalist and he kept breaking stories, you know, all the
(01:23:40):
way through and he will be messed by a lot
of people.
Speaker 2 (01:23:43):
Good on your mate, nice to catch up. We'll see
you Wednesday, Murray Olds. And of course I was on
Larry Williams for a number of years as Australian correspondent
when he was working out of three a w in
Melbourne eight forty five.
Speaker 1 (01:23:54):
The Mic Asking Breakfast Full Show podcast on iHeartRadio, Howard
By News Talks at B.
Speaker 2 (01:24:01):
I know the price of tickets for the World Cup
plummeted ever since the hosts have gone, which I find
moderately interesting. I get that you'd want to follow somebody
like I guess Mexico, I guess the United States. But anyway,
Spain Belgium tickets down sixty five percent because the United
States would have played in that game had they been
still in the tournament. When they lost. The cheapest ticket
(01:24:21):
was thirty two hundred dollars on tickpeck, but it went
down to eleven hundred dollars, so the price is plummeted.
And once Mexico left the equation, ticket prices went down
forty five percent, so you know, the local supporters were
always there. By the way, speaking of numbers, Fonterra have
confirmed what we alluded to earlier in the program, if
you missed it, We've had a we've had a couple
(01:24:43):
of auctions and things are looking a little soft on
the old supply and demand equation as far as milk
solid is concerned. So updated twenty six twenty seven forecast.
Now they're still in a range. While they tightened the
range eight to ten to fifteen. They're in it nine
to five now, which is down from nine to seven,
five fifty sent per kg drop. The opening range was
eight through eleven, so they squeezed that slightly softer than
(01:25:06):
expected demand the GDP prices last week, of course, we
saw it eleven percent down very early days, they say,
in terms of the proportion of the FY twenty seven
sales book having been contracted, so they're open or susceptible
to people wanting it or not wanting it. As far
as twenty five twenty six is concerned, the midpoint is
unchanged at nine seventy nine seventy nine to twenty five.
(01:25:28):
It's not what you would like it to be. Doesn't
mean it won't go back up, but it's just a
little bit softer than the optimists would have liked. Nine
to nine.
Speaker 1 (01:25:38):
The Mike Hosking Breakfast with Defender Trophy News Talks, sa'd
be I.
Speaker 2 (01:25:42):
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tea's and c's apply to pasking. Interesting developments in the
GLP business. So first of all, you had your jab
and then you can get your pill. And we're sort of,
as far as I can work out, missing out what's
happening globally. The availability of these GLP ones isn't quite
here what that is in certain parts of the world. Anyway,
(01:26:47):
it's going to transform health and it's a revolution, and
we're experiencing something I think profoundly good, until potentially they'll
find out that some of these medications and if you
don't follow them properly and you don't do the exercise
the way you're supposed to and all that sort of stuff,
it may well come back to bite it in the bump.
But the latest this morning is a company called Babani.
They're gonna do an implant so you don't have so
(01:27:09):
first of all, you thought the pill was gonna be easy.
You stop jabbing yourself and take a pill, so that's easy. Well,
then they put a little implant in and you'll never
have to think about it again. Keeping patients on the
treatment is the key. Now I'm not sure whether that's
a keeping them on the treatment because it's expensive and
so once you're implants and you can't do anything about
it without having going along, presumably that often getting it
(01:27:30):
pulled out. But anyway, they're in the early stage of
developing an experimental implant, so that's clearly where it's heading.
Five minutes away from nine.
Speaker 1 (01:27:39):
Trending now with chemist Well's keeping Kiwi's healthy all year round.
Speaker 2 (01:27:45):
Now, I've seen a couple of times over the weekend
McJagger this says he was in Miami yesterday for the
football but he's also been on the New York Times podcast,
suggesting he may have played his last gig for the Stones.
He's got the new album out, of course at the moment,
he's got slightly political.
Speaker 24 (01:28:01):
The bottom line of my thing isn't really is that.
My job in a live music world is just those
people that come is to have the best time they
possibly can and for two hours or whatever it is,
(01:28:24):
to forget all their problems and the problems of the world,
and their mortgages and whatever.
Speaker 2 (01:28:32):
Right the reference. I can't help but feel there might
be slightly something more extended to that, but.
Speaker 4 (01:28:39):
It takes a long time to sort of give you
the point.
Speaker 3 (01:28:40):
I think it's.
Speaker 2 (01:28:41):
The weird thing about that is that I've seen him
in a couple of other podcasts for the same album,
and he speaks nothing like that. He's extremely eloquent, as
in like remarkably eloquent, And what the hell he was
doing there, I've got no idea anyway, the point being
he's having a pop Springsteen for being a little bit political.
She'd have a good time, By the way, if you
(01:29:02):
want something else to listen to or watch as the
case may be the High Performance, which is the last
time I referenced that was Liam Lawson was on High Performance.
Their latest appears to be Boris Becker, and you don't
hear much from Boris Becker, largely due to the fact
he's been spending when he wasn't in a cupboard getting
people into trouble, he was spending time in jail because
he was also in trouble himself. That he once he's
(01:29:24):
very eloquent and he's got a lot to say, a
lot of interesting and it's one of life's old lessons
that when you're seventeen and eighteen years old and you're
the best in the world and you haven't got anyone
around you apart from a few sharks who haven't really
got your best interest at heart, you might end up
in later life in a spot of bother. And so
that's an interesting story. So higher performances the podcast if
you're chasing that, And speaking of high performance, Sir Scott
(01:29:48):
Dixon speaks about the Big Move after eight Tomorrow Morning
till then Happy Days.
Speaker 1 (01:29:55):
For more from the Mic Asking Breakfast listen live to
news talks that'd be from six sam Weekdays or follow
the podcast on iHeartRadio,