Full Show Podcast: 14 August 2025

Episode Transcript
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Speaker 1 (00:00):
New Zealand's home for trusted news and views, The Mike
Hosking Breakfast with Raindrover Leading by example News, Tomstead b will.

Speaker 2 (00:09):
You welcome today? Chris Hopkins and as mates refusing to
front the COVID inquiry. What genius thought? This was a
good idea, more good news from our exporters, sort of
good news around our school leaders. Gilbert and Oak at
the mental skills coach for the All Blacks all those
years now with England cricket and Chelsea football. He's in
for an uplifting word. After eight rods in Britain, Joe
in Italy, Pasky yesterday morning, we're into at seven past six. Look,

(00:31):
I'm assuming the instigators of the second COVID Inquiry are
deeply disappointed in what is unfolding in terms of accountability.
Inquiry Part one was a labor government's stitch up of
course and exercise and smoke and mirrors. Inquiry Part two,
a coalition deal driven by Act in New Zealand first
was designed to look into areas not touched in Part one,
access to vaccine lockdown's economic damage and so on. I've

(00:52):
argued since the start we needed actually an adversarial approach.
In other words, British style call people to a witness, stand,
hold them accountable. We didn't do that, and now we're
paying the price. Madern and Hipkins, along with Robinson and Verel,
declined to appear no kidding a what a surprise. I
wonder why now Grant Illingworth KC, who's in charge of
the current work, has the power, apparently to pull them in.

(01:14):
He's choosing not to do so. Hence my assumption of
disappointment at a political party level. The Illingworth justification is
the aforementioned operators are cooperating with proceedings not good enough
in my book, or indeed anywhere close so. Simple question,
is there a broad expectation among ordinary, everyday New Zealanders
that those who made life changing calls and a life

(01:36):
changing period of this country owe it to us all
to front and be questioned under oath about why they
did what they did. Another question, what does it say
about the morals and character of said people who seek
public mandate and public support and approval that when things
get a bit orkies, they're nowhere to be seen. Where
is the courage of their conviction? Where are their spines

(01:57):
and their gonads. How can a person like Kipkins and
indeed veryl who also is refusing to front, possibly present
themselves to the voting public next year with a straight
face and ask once again for the power to around
the country having been the same people who in August
of this year ran for the hills when accountability came calling.
The rules of engagement were lacking at the COVID inquiry.

(02:18):
So we are being let down. Illingworth's head with a
power to do better apparently is letting us down, but
nowhere near adun Hipkins, Robertson and Verel, who should be
ashamed of themselves.

Speaker 1 (02:34):
News of the world in ninety seconds.

Speaker 2 (02:36):
Well, yes, who's been on the phone. It's Don and Vlod,
and Vlod seems up there.

Speaker 3 (02:42):
Our mood is united and unified. It was very positive mood.
All the partners demonstrations, one voice, one wish, one well
and one principle and one version.

Speaker 2 (02:53):
But he still isn't invited to Alaska.

Speaker 4 (02:55):
It was always going to be I was going to
meet with President Bouton and then after that I'm going
to call the leaders and presidents Landscape. There's a very
good chance that we're going to have a second meeting,
which will be more productive than the first, because the
first is I'm going to find out.

Speaker 5 (03:10):
Where we are and what we're doing.

Speaker 2 (03:12):
The Europeans also on that call. Of course, Kia, He's up.

Speaker 3 (03:14):
But years this conflict has been going on, we haven't
got anywhere near the prospect of.

Speaker 1 (03:19):
Actually a viable solution, a viable way of bringing it
to a ceasefire.

Speaker 5 (03:24):
And now we do have that chance because of the
work that the President has put in.

Speaker 2 (03:29):
But a fraid of Germany, he rolled out Europe's ongoing line.

Speaker 6 (03:32):
Ukraine has to be at the table if there are
any follow up meetings. We want to have a negotiation
in the right order. Ceasefire has to be the beginning
of it.

Speaker 2 (03:45):
After the call, by the way, Trump he hit it
to the Kennedy Center to reassure everyone about the bad
streets of DC.

Speaker 4 (03:50):
One thing happens all year, Pam, you better be good
because they'll say Trump did not fulfill this. Well, one
person gets a little injured by somebody, those say Trump
did not fulfill histravelers. Now we're going to be essentially
crime for it.

Speaker 2 (04:05):
And we can't forget about the other war caused by
is One of the protesters or Israeli protesters. To close
the idea of paid stations.

Speaker 7 (04:12):
Aid must flow to the four hundreds points that are
existing with owner and all the other agencies that are
ready to do their work, so the food comes to everybody,
not only young men that are prepared to walk for
eight miles.

Speaker 2 (04:26):
And finally, scientists at King's College, London have discovered our
hair is the key to repairing and protecting our teach.
So once you go to keratin, fibrous protein of course
found in our hair and in our skin, you take
a little bit of that, apparently put it on your teeth.
Ammits the same benefits as natural and mammal. This they claim,
bridges the gap between biology and industry, and we could
see keratin based products available to the public within a

(04:48):
couple of years. Here's the world in ninety seconds. Ah yeah,
puts bluffing, That's what Zelenski said to Trump. Putin is bluffing.
But he did say that Trump told him he's ready
to support whatever that means. So this whole thing, the
closer we get to this, this whole thing has got
disappointment written all over it. As far as I can
work out, good news on Gaza, I Hope Netnia, who

(05:09):
is now claiming this morning that the latest ceasefire talks
are focused on a deal that would release all the hostages.
They were going in with an initial sixty day true
idea partial release. There are going for a complete release,
so we'll see where that goes. Twelve past six.

Speaker 1 (05:28):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio Power
By News Talks EPI.

Speaker 2 (05:36):
Little wondered our memory Lane. Remember China Evergram We were
talking about them last year. They're in the process of liquidation.
Of course, they will now be delisted in the Hong
Kong Stock Exchange. As of August twenty five, world's most
heavily indebted real estate develop a. Three hundred billion is
what they owe to the banks, and the rules basically say,
if you're in the process of liquidation after a certain

(05:57):
number of months, then we boot you off, which is
from what's happening to do?

Speaker 4 (06:00):
Then?

Speaker 2 (06:01):
Fifteen plus Well from Jay Am I Well Pandrey Kella
A good morning morning, Mike. Please get his card spending.
I think I needed a microscope to find the increase.

Speaker 8 (06:10):
There.

Speaker 9 (06:11):
It is there, it is there. So this is what
are we doing with the credit cards? With the plastics
STA's New Zealand the monthly read on electronic card transactions
it is it's high frequency data MIC, so you have
to look for trends because the monthly data is pretty
noisy on the face of it. If you just looked
at the total electronic card spending, it rose by zero

(06:32):
point six percent.

Speaker 8 (06:32):
Remember that's just a monthly number. That looks pretty good.

Speaker 9 (06:36):
Sure, that was the largest monthly game recorded so far
in twenty twenty five, so that's an encouraging number.

Speaker 8 (06:41):
But look, the thing is, Mike, with a lot of.

Speaker 9 (06:44):
The data recently, the outcomes we're seeing it, they're not unequivocal.
Over the last twelve months, total electrodes electronic card transactions
have fallen zero six point six percent. So the long
term trend is actually not grat And so if I
look at the detail total retail spending and core retail spending,

(07:06):
total retail spending was only up zero point two percent.
If I look at the year on year number, it's
one point seven percent. Now these are not inflation adjusted,
so if inflation is running at two point seven percent
year on year, inflation is going up faster than the
spending growth, which effectively means spending.

Speaker 8 (07:23):
Levels are falling.

Speaker 9 (07:25):
Core retail spending is also flat, so there is no
strong evidence of the trend turning. But look at the
very real risk Mic of sounding quite repetitive, because I've
lost drag of how many times we've said this. The
impulse of lower mortgage rates should, over the next six months,
start to provide.

Speaker 8 (07:42):
Some real belief to househotet does.

Speaker 9 (07:44):
But look like we keep saying this, Don't it does
feel though, Doesn't it that just things like rates increases,
insurance increases, They're just going to eat up all that
extra money that you get in your pocket, don't you.
So I mean that's an unscientific observation, Mike. And also
interest rate relief coming at a time. I'm in the
label market this weekening, so I'm using the term cross
currents a lot at the moment, and retail spending is

(08:06):
being buffeted by these the sutail and some headwinds.

Speaker 2 (08:09):
But you're not, and you can't. You're not going to
help us out anymore with this concrete number either.

Speaker 9 (08:15):
No, I like this concrete number because you know, I
like this data series. It is hard data, after all, isn't.

Speaker 10 (08:19):
It, Mike?

Speaker 2 (08:21):
Hard?

Speaker 9 (08:21):
That is a pun that is the Thursday morning, there
is hard data readymits concrete. Now, we actually came out
a couple of days ago and we missed it because
there was so much going on.

Speaker 8 (08:29):
Yesay, we can't let it slide though.

Speaker 9 (08:31):
June quarter actual volume of readymus concrete produces eight hundred
and ninety two thousand cubic meters.

Speaker 8 (08:36):
That is ten percent lower than the same quarter last year.

Speaker 9 (08:40):
For the year end of June twenty five, three point
seven million cubic meters, that is six percent lower than
the June twenty four quarter. Seasonally adjusted, the June quarter
also weakened versus the March quarter.

Speaker 8 (08:50):
So no, I'm not helping you out at all here,
am I?

Speaker 9 (08:52):
And if I look at the long term tread, let's
compare it to say where we were three years ago
June twenty five twenty six percent lower and the June
twenty five year versus the twenty two year eighteen percent lower.
So you do not need to be a rocket scientist
to note that construction activity is much lower.

Speaker 2 (09:11):
Quick word on the CBA, Am I reading too much
into ASB not quite as flash as the CBA? So
is that a tail of two economies?

Speaker 9 (09:20):
I think, look, it might be. This is a heck
of a phenomenon. We haven't really talked about it. I mean,
CBA is now Ostralasia's biggest listed company. And the reason
I'm noting it is because the share price fell five
point four percent yesterday, which is quite a big fall
for such a major part of the exchange. But it's
in the context of a very healthy share price run
and it's been one of the key feature the last
twelve months. There seemingly unstoppable rise in the CBA share

(09:43):
price for many fund managers. Your success was determined did
you have a lot of CBA or didn't you. It's
twelve percent of the ASEX two hundred. It became the
most expensive big bank.

Speaker 8 (09:55):
In the world.

Speaker 9 (09:56):
Yeah, if you look at the actual numbers, Mike, yesterday
they a ten point two five billion cash profit. I'll
say that again, ten point two five That was up
four percent. They have returned the CBO has returned eight
billion dollars in distributions and dividends to Australians. The market
had probably priced that to perfection a little bit. They
didn't really give a guidance for the twenty six year

(10:18):
ASB net profit after tacks one point twenty five billion euros.

Speaker 8 (10:21):
That was only up one percent.

Speaker 9 (10:23):
So yes, ASB not doing quite as well as as CI.

Speaker 2 (10:28):
Right, give us some numbers.

Speaker 9 (10:30):
The dal Jones is up three hundred and seventy five
points forty four eight hundred and thirty two.

Speaker 8 (10:36):
That's up point eighty four percent.

Speaker 9 (10:38):
The S and P five hundred, it's up ten points
six four five six. That's point one six four percent.
The Nastick up point one of a percent twenty one thousand,
seven hundred and three. The for TO one hundred overnight
gain seventeen points nine one sixty five. The Nikke, the
Japanese share market has been on absolute tear this week,
is up another one point three percent last night, five
hundred and fifty six points forty three thousand, two hundred

(11:00):
and seventy four. The Chinese market up point four eight percent.
Shang Ho coms at three sixty eight three. The Aussi's Yes,
they dragged down by that CBO result. Lost point six
percent on the A six two hundred eight eight two
seven a week gain seven points on the n SX
fifty twelve, seven hundred and sixty six key dollars stronger
this morning mic point five nine seven two against the US,

(11:22):
point nine one two nine against OSSI point five to
one oh one against the Euro, point four four against
the Pound, eighty eight point two against the Japanese yen
gold three thousand, three hundred and fifty three dollars and
Brentford still behaving itself go sixty five dollars and fifty
eight cents Go well.

Speaker 2 (11:37):
Andrew kelleherjmiowealth dot co dot z tasking simplicity. I think
congratulations are in order this morning, as in simplicity living
as opposed to you know, kiw Saber, Sam Stabs all
that stuff. They've been out six hundred buill to rent
homes in Queenstown to Queenstown need homes, yes they do.
Do they need build to rent, Yes they do. Projects
valued at half a billion. They've gone and bought six
hectares on Ladies Mile. Now I'm not simplicity, but it's

(12:01):
an open question. How much is this is social? How
much this is financial? He says, financially and socially it
stacks up, So we wish them well. Six twenty one
Here Reviews Talks v.

Speaker 1 (12:15):
Good, The Mike Asking Breakfast Full Show podcast on iHeartRadio
powered by News Talks V.

Speaker 2 (12:23):
I suspect we'll be getting a bit of this this morning. Mike,
please ask Hippickeins how he can ever again stand in
Parliament and ask and expect answers from the opposition when
he won't explain himself. He's a highly paid disgrace. And
I hope voters have long memories next election. We don't
even need that long a memory. That's what I find
so fascinating about the whole thing. I mean, this time
next year we're an election campaign and this is going
to be an issue. Mike, this will hurt labor and
the polls. Chip you will step down, cure a macanautic

(12:45):
will takeover. I think you're wrong. Hipkins has no moral compass.
Let's not mince words. Mike Illingworth is not up for
the job. There are some questions around Ellingworth. He does,
as I understand it, have the power to get these
people in the rooms to speak, and he's not using it,
which would then go back to brook Lyn Velden, who
I think was the point of the appointee. And you

(13:06):
got to ask you a couple of questions as to
whether she's disappointed as well anyway, the Chipster's with us
after seven o'clock, six twenty five trending.

Speaker 1 (13:14):
Now you're one start for Founders Day Fragrances.

Speaker 2 (13:18):
Timothy Shaw, Marny is Beck. He's got a new movie.
It's called Marty Supreme. It's about a guy who has
a dream to get to the top of the world
of ping pong.

Speaker 5 (13:31):
Hey, it's Marty Mauser. I'm in the Royal Suite. That's
not even the lobby yesterday. Okay, well, they.

Speaker 1 (13:37):
Never talk to an actual movie star. You know, something
of a performer too, are you? Yeah, you don't believe me.

Speaker 7 (13:42):
I everything, my last falling apart.

Speaker 2 (13:46):
But I'm going to.

Speaker 11 (13:46):
Figure it out.

Speaker 1 (13:47):
Teeny help. I need to help you.

Speaker 2 (13:49):
I know it's hard to believe, but I'm telling you
this game at phil stadiums overseas, and it's only a
matter of time before I'm staring at you from the
cover of a Wheaty's box.

Speaker 5 (14:00):
Now we get this an orange ball which no one's
ever thought of seeing.

Speaker 2 (14:03):
You already found it.

Speaker 1 (14:04):
Way better.

Speaker 8 (14:04):
Let you we can more engaged now.

Speaker 5 (14:06):
Buddy, custom ball like that, it's across a lot of money.

Speaker 8 (14:09):
Its custom, It's original ball for the original guy. It's
Marty Supreme on not a mighty normal ball.

Speaker 2 (14:15):
It's actually not bad. I got a good vibe about that.
Gwyneth Paltrow's the voice if you didn't pick it up
by the way, along with Chamalay. It's his first movie
since a complete unknown. So you've got to give him
credit for going from that to this because there are
different categories. If you know what I mean, it's out
in cinemas. He really going to cinemas to watch that.
I mean, for goodness sake, it's not only that's out
in the cinema's on Christmas Day. It's got to be

(14:36):
a pretty due rol Christmas Day to be going along
with the movies to watch that, isn't it? Three point
just quickly out of Australia several things. Worst thing was
that Hamas came out yesterday on elbow and congratulated him.
So sucked in good three point four percent wage growth,
so that beats inflation, which is one of those things
that you compare it to us. So we beating his
wage growth in New Zealand beating inflation. Now it's not

(14:57):
so we're going backwards there not and he's gotten here
was the good news is that thing that Steve told
us about yesterday about the unions in the four day week.
He quote unquote has no plans to adopt a four
day week. I've got some good news around exporteen. That's
some new data for you this morning. So we'll crunch
some of those numbers after the news, which.

Speaker 1 (15:14):
Is next, setting the agenda and talking the big issues.
The Mike Harting breakfast with Bailey's real estate altogether better
across residential, commercial, and rural news talks.

Speaker 2 (15:26):
There'd be by Mike the Chipster, more like the Chipocrite,
not bad Ellen. Mike, A bet you Hipkins will blame
all than Sundry for the non appearance. Try to yell
over you attack act on the Commission and say they've
been in front of the Commission and nothing to see here.

Speaker 10 (15:37):
Mike.

Speaker 2 (15:37):
Well they may well do, Mike. We'll see how we go.

Speaker 8 (15:39):
Mike.

Speaker 2 (15:39):
Do you think if we offered Hipkins some KFC vunches
he might turn up? That's very good. Twenty three minutes
away from seven, so the angst continues to build a
head of Saturday our time in alast year. This is
in Europe. They are all on the phone call this morning,
so we'll talk with Joe about that shortly in Italy
means I'm back here. If you're looking for some of
these so called green shoots in our beleagad economy, and

(16:00):
exporters are doing some heavy lifting for US. Two thirds
of them have increased or maintained their export levels over
the past twelve months. Fifty nine percent expect even more growth.
Felicity Roxburgh is the executive director of the New Zealand
International Business Forum and is with us. Felicity, good morning
to you.

Speaker 12 (16:14):
Good morning mate.

Speaker 2 (16:15):
Are we seeing anything tangible yet on the tariffs?

Speaker 12 (16:20):
Well, I mean this is heartwarming to see this positivity,
isn't it. I mean there's a lot of depressing economic
news out there at the moment, but the export is
they're there, They're going great guns. But to answer your question,
I mean the tariff that's going to take time to
flow through. The latest fifteen percent round of tariff. Some
of the goods that are on the water, they're still
not even going to pay those until the fifth of October.

(16:42):
So a lot of positivity, but yeah, time will tel
hit WinCE a hit.

Speaker 2 (16:46):
That's kind of why I asked the question, because this
is in the rearview mirror of these stats, and you're right,
they are good. But when you talk about in this
report looking to diversify, how real and how practical is
that for a lot of exporters.

Speaker 12 (16:58):
Well, I think one of the things that we benefit
from us this kind of very extensive spaghetti bowl of
FTA negotiations that our good trade negotiators have been doing
over many years. So there are opportunities there, and diversification
has been around for a while. You know, company has
been talking about options and diversification. But Mike, we can't
invent new markets overnight. These things take time. You need

(17:21):
good suppliers, good contexts, good supermarket chains. You know, it's
not something we can quickly pivot to.

Speaker 2 (17:28):
So the two things you've highlighted UK and Japan when
we talk about diversification UK, I'm assuming that's out of
an FDA.

Speaker 12 (17:35):
Yeah, that's right. I should say this is Export New
Zealand's survey. They're on our board, so they're with us,
but it's not our International Business Forums survey. But yes,
UK and Japan they're highlighted the UK FDA and also
the EU is in there as well, and a billion
dollars more trade went into the EU last year, so
that's good news as well as.

Speaker 2 (17:55):
Japan a slow boon is there are lots of upside there.
They are very protectionist sort of society.

Speaker 12 (18:00):
They are, but now they're in the CPTPP, which is
one thing us trade is absolutely love. And we were
in the you know, we're at the ground cur of
the CPTPP and there's heaps of opportunities for us through
that agreement.

Speaker 2 (18:14):
Are we boxing above our weight? So if you look
at the global outlook, it's subdued to say the least,
which will lead you to believe that people don't want
more stuff. But do they want more stuff if it's good?
So is that our story?

Speaker 12 (18:25):
Yeah, our high quality premium products, we need people to
want that and they do, and we need us consumers
to be prepared to pay more for them because fundamentally,
these tariffs, they're going to get passed on to the consumer.

Speaker 1 (18:39):
So you know, our.

Speaker 12 (18:41):
Wonderful wine, our wonderful beef, all of that. You know,
that's the story there.

Speaker 2 (18:45):
These numbers are interesting. Twenty five percent don't require any
assistance from trading enterprise, twenty two percent want more help.
I find that interesting. Twenty percent seek more support on
R and D and another twenty percent wanting access to
market research. What's the vibe in terms of the relationship
with government and what can and can't be done.

Speaker 12 (19:03):
Well, I think, you know, in this time of uncertainty,
there is more appetite to work more closely with government
and that sort of makes sense, it doesn't there because
there's a lot of unpredictability out there and that's something
that businesses storn't like. You know, unpredictability means are we
going to make capital investments? Are we going to take
on new staff? So I have seen these definitely an
appetite for good, high quality, actionable intelligence because there's so

(19:27):
much information and noise out there at the moment, so
exporters are thinking, gosh, what's going to happen overnight in
the US. So that's what I'm seeing is just for engagement.

Speaker 2 (19:38):
Good stuff. Felicity appreciate it very much. Felicity Roxburgh ed
at the New Zealand International Business Forum nineteen minutes away
from seven. So I'm sad to read about our grain
sector yesterday and we spent so much time talking about
how good it all is in the farming sector, grain struggling.
So I'll come back to that weather forecast for you.
Temperature records being broken. We'll talk more with Joe in
the moment, but France unprecedented maximum temperatures twelve degree above

(20:00):
normal levels. We're talking about places like Bordeaux and Santimillion,
which is not good. Well, it could be good because
grapes love a bit of stress, but not that much
stress they pick in that part of the world. In
about September. Of course, Croatia forty and Dubrovnik warming faster
than any other continent. This is Europe at twice the
speed of the global average, apparently, and has been doing

(20:20):
so since the eighties. Are Spain six thousand evacuated northern
central southern Spain. They're looking at forty four degrees? How
hot is it at Joe's place?

Speaker 10 (20:29):
She is?

Speaker 2 (20:30):
Next eighteen two.

Speaker 1 (20:32):
The Mic Asking Breakfast Full Show podcast on iHeartRadio powered
by News.

Speaker 2 (20:37):
Talks EP and Morning Mike. Please ask the chypocrite what
chance he has of getting Village in Prime to do
a job properly, given he himself can't seem to understand
who employs them four hundred thousand dollars a year. I
think you've overstated that for a no showing boss who
condones a no showing underling. If this guy thinks there's
any chance he's still respected, he needs his head red.
I think he's on three hundred and six, which doesn't

(20:58):
make it right. Four hundred six forty five.

Speaker 1 (21:02):
Husky International Correspondence with ends and Eye Insurance, Peace of
mind for New Zealand business.

Speaker 2 (21:09):
Joe McKenna, How are you going?

Speaker 11 (21:12):
Great?

Speaker 4 (21:13):
Mike?

Speaker 10 (21:13):
How are you?

Speaker 2 (21:14):
I'm dying to ask you about the heat wave? But
there are more important matters. So Maloney's on the phone
call with Zolensky and cow does how do we feel
it when Zelensky seamed up beat, Kirstamas seamed up beats,
Maloney up beat?

Speaker 13 (21:28):
Yeah, I mean I'm seeing mixed messages here in terms
of how much Selensky is willing to concede. But I
think what's interesting too is Prime Minister Georgia Maloney also
had a phone call with US President Donald Trump earlier
this week, but yes, she was at that meeting. She
insists that the EU and Ukrainian involvement in any piece

(21:50):
talks should be you know, a sense of unity there
United Front. So it seems like they still want meaningful
negotiations only if there is some kind of ceasefire, but
mixed messages about how much Zelenski's willing to concede.

Speaker 2 (22:07):
Yeah, exactly. So the difficulty here is, I mean, does
Maloney's view get heard in Europe to the point that
anything comes of it? Or have you just got twenty
seven different people saying twenty seven different things?

Speaker 13 (22:19):
Yeah, I mean I get the feeling that it's pretty
much party central. You know, they're all in there together.
It seemed today that Starmer and mccron were taking the
lead more than the others. But I think her voice
is taken quite seriously because of that continuing relationship that
she has with Trump.

Speaker 2 (22:39):
Where's Merchantle? Is he seen favorably by the europe given
he is relatively.

Speaker 13 (22:44):
New at this, I don't know that anyone really thinks
that he's that significant when you compare him to the
former chancellor, for example, Angela Merkel, who had such a
high profile internationally.

Speaker 2 (22:55):
Is there a fallback position at this point? Publicly expressed
that when and putin meat on Saturday our time, and
they come up with whatever they come up with, and
Europe don't like it, what happens in just outrage well, I.

Speaker 13 (23:09):
Was surprised to see some reports saying that President Zelenski
was willing to concede some of the territory that Russia
has already taken. Whether that goes ahead, I'm not really sure.
I mean, the EU leaders are saying publicly that Ukraine
needs robust and credible security guarantees and still want to

(23:30):
defend its sovereignty.

Speaker 2 (23:32):
Something tells me nothing's going to come out of Saturday,
and we're going to be here talking about this for
the next few weeks. I gave temperatures Joe Dubrovnick Spain, Greece, Well,
what do we got? What's the forecast there in Italy?

Speaker 13 (23:43):
Well, I feel like I'm trying to compete. But Rome
has had thirty eight degrees the last couple of days.
There are other parts of the country that are around
forty and many news reports saying it's hot here than
it is in North Africa. But we've had sixteen cities
on high alert today. You know, the health ministry is
concerned about people staying hydrated. We had news of a

(24:06):
four year old child dying after being trapped in a car,
so there is concern, and there's also concern about fires.
We haven't had the major fires that we've seen in Spain,
but we have had a big one around Vesuvius that
is now under control.

Speaker 2 (24:20):
Is it all over Italy or just bits of Italy?

Speaker 7 (24:24):
Oh?

Speaker 13 (24:24):
Look, it's pretty much all over Italy in different spots.
I've run away to the mountains. It's about thirty degrees
up here in the Marquet region, but it still feels
pretty damn hot.

Speaker 2 (24:35):
Goodness makee and is it going do you have a
long range full cast? Is this into September October? And
what about the grapes? What about the touch ye?

Speaker 13 (24:43):
Actually, yeah, they're talking about the grapes being under threat
and dairy farmers, you know, struggling with their cattle, so
there will be further concern. We'll hear more, i think
from the farmers organization about what's going to happen with
crops and vineyards. So in the short term we're going
to probably come down a few degrees in the next

(25:03):
couple of weeks, but it's still pretty worrying.

Speaker 2 (25:07):
I think in agriculture, you stay cool in the mountains.
Nice to see or see next Thursday. Joe McKenna and Italy.
This morning. We keep hearing Mike Howe and when the
farming sector does well, the rest of the economy does well.
What's happening, Brian, Very very good question. More in a
moment eleven Away from seven.

Speaker 1 (25:20):
Don Mike Hosking Breakfast with Rainthrover.

Speaker 2 (25:23):
News, Tom's dad be Mike, why you're not mentioning Bloomfield.
It's not a bad question at this point. He has
talked to them, along with Susie Wiles, David Skeiggshawn Hendy.
June they talked to Baker and Roche. Now I'm guessing
and will dig a bit deeper, but I am guessing
that the upset is the public accountability of politicians. So

(25:48):
Bloomfield as a wonk is not publicly accountable in the
sense he wasn't elected. But that's my best guess at
the moment. Mike Hipkins has inquiry hesitancy. It's quite good.
Perhaps they should mandate politicians to take the inquiry or
lose their job. You've done quite well on this this morning, Mike. Now,
how many of you are like this? This is Graham, Mike.
They did show the commission is a question and answer meeting,

(26:11):
not a media show or an act political beat up.
All questions were answered, and most of us never see
a commission in the face anyway. Now, how many people
does he speak on? Behalf of there? In other words,
Graham's an apologists for accountability. He thinks that what's been
done is fine. Hipkins yesterday said look, I said aside
two hours and went along. They ran out of questions
after an hour. But the point is, it's the old

(26:32):
justice thing, isn't it. Justice needs to be seen to
be done. What were the questions? What were the answers?
Why did they run out of questions? Are you honestly
telling me that after one hour you wouldn't have more
questions on the COVID inquiry and so on and so
for we don't know the answers because we never saw
what happened. As regards the earlier texture on the farming
doing well, the country does well, it's a very good point.

(26:53):
But the difficulty is, and what you're seeing at the
moment that's so deeply, deeply worrying is that even though
the farming community is doing fantastically well, even with all
of that income and all of that growth, it still
doesn't appear to be able to offset the wider economy.
In other words, we are so desperately reliant on one
sector that even when they do well, the country doesn't

(27:15):
do well anymore. So it may well be that old
adage doesn't flow through that. In other words, it's so
doer outside of the farming community that even with all
of their success, it doesn't counterbalance what's going on in
the rest of the country. And that is why we
should all be worried. And that's why Tony Alexander said
something I thought Philly profound yesterday, but I'll come back
to that shortly five away from seven.

Speaker 1 (27:38):
While the ins and the outs, it's the fizz with
business Faber, take your business productivity to the next level.

Speaker 2 (27:45):
Right Housing update, When you sell, do you make any money?

Speaker 11 (27:48):
Yes?

Speaker 13 (27:48):
You do.

Speaker 2 (27:49):
So what we've got is the famed Pain and Gain
report this morning from cotality. Eighty nine point four percent
of property sold made a profit. This is for Q
two this year. It's down a little bit from ninety
point seven and Q one one. The clickbait bit is
it's the lowest rope, so it's twenty fourteen. But basically
what you're saying is nine out of ten houses make
a profit, so it's not really that bad. And the
average gain. When you do sell for a profit, you're

(28:10):
making on average two hundred seventy nine thousand dollars. Now
is that good? Well, it's not the four hundred and
forty thousand dollars you made during COVID, but then take
out the pandemic because that was mental. It is, in
fact the highest number we've ever seen, so I would
thought that's good news. You're making more money than you
ever have bar COVID. Average loss if you sold it
a loss was fifty two and a half thousand dollars.
A lot of it depends, of course, how long you

(28:30):
held the place. It's the age old story. The people
who lost generally had only held for three and a
half years on average. Those who made a profit have
been holding for nine years. Long you hold them more,
you make apartments not so good.

Speaker 10 (28:41):
Q two.

Speaker 2 (28:41):
A third sold for a loss. That's compared with just
under ten percent of houses, so that's a material difference.
Losses for both on average about fifty grand. Roughly, if
you sell for a loss, it's about fifty grand. Average
profit on a house is to seventy six, but the
average profit on an apartment is one ten. So not
only do you stand a greater chance of losing money.
When you do sell it a profit. In an apartment,

(29:02):
you're not making as much. Christ Church, come on in
four point nine percent of home sold for a loss,
so Birch ninety five out of one hundred sell for
a profit. Auckland's got the highest loss rate sixteen percent
of houses and Auckland sold for a loss, towerng of
thirteen percent, Wellington almost twelve. Tower long A, though had
the highest resale profit number at three seven three. Christ

(29:23):
Church lowes to two sixty three. That's the main centers.
Outside the main centers bring a ticky not good. Twenty
percent of houses sell as the lost Queenstown that's where
you make the gold. Mindy, you paid a lot in
the first place, of course, because it's expensive to buy
on that part of the world. I think the median
is about one point seven. It's the same as Sydney
at the moment. Anyway, if your self for a profit
in Queenstown, you're pocketing over half a million dollars five

(29:45):
hundred and sixty six thousand dollars, right, Oh God, don't
you wish for better in this country? Don't you wish
we had leaders that were actually just a little bit
more accountable than that they are. Yes, Hipkins, isn't.

Speaker 1 (30:02):
It the Breakfast show, Kiwi's trust to stay in the know,
the mic asking Breakfast with a Veda, Retirement Communities, Life
Your Way News togs Head be.

Speaker 2 (30:13):
Seven past seven? So how about the call from the
Labor Party not to front for the COVID inquiry from
just Cindra Dona, Chris Hipkins, Grant Robertson, Nation Beryl. No
one is willing to show up publicly, So next week's
hearings are off. Chris Hipkins is with us. Good morning,
Good morning, Mike. Do you realize how shocking this looks?

Speaker 10 (30:30):
What's that? Mike?

Speaker 2 (30:30):
You not turning out?

Speaker 1 (30:32):
Well?

Speaker 10 (30:33):
I have turned up. I've turned up to the Royal
Commission twice. I was interviewed by the first Royal Commission.
I was interviewed by the Second Royal Commission. And when
they sent three written questions, I gave them about twenty
pages of answers. It's the Royal Commission themselves seat yesterday.
I've answered every question that they've asked. They're given them
every piece of information that they've asked for.

Speaker 2 (30:50):
My apologies, you're not turning up in public.

Speaker 10 (30:54):
Well, I mean the Royal Commission themselves have said that
they're not holding any further public hearings. They've set out
a variety of reasons for there, and one of the
things that they said in their minute of the decision
that they took not told through the public hearings, was
that the ministers, the former ministers concerned, have answered every
question that's been put to them.

Speaker 2 (31:13):
Right, So is it on Ellingworth or is it on
you to be the better person?

Speaker 10 (31:19):
Well, I mean, ultimately the Royal Commission made this decision themselves.
But you know, let's be clear. I've appeared before them,
I gave them. They asked me to be available for
two hours of interviews, which I did and then they
ran out of questions after about it.

Speaker 5 (31:33):
At the time.

Speaker 2 (31:33):
But they may be inconfident. I don't know because I've
not seen it and I've not seen you either. That's
the whole point of this. People would like you to
be seen, to be held to some level of account.
Is there something wrong with that?

Speaker 10 (31:44):
Well, Mike, you've got the highest rating breakfast show in
New Zealand, and here I am answering your questions. If
you've got questions about the COVID response fire away.

Speaker 2 (31:52):
But if it's the mic Hosking breakfast COVID inquiry, that's fine,
but it isn't. There's a Royal Commission set up or
a COVID inquiry set up in this country to get
to the bottom of one of the most important events
in this country's history. And you don't even want to
front publicly. But I've as I said, no, no, no,
I know what you've said. But you're not fronting publicly.
You're you're actively avoiding fronting publicly.

Speaker 10 (32:16):
Well I'm here now. I mean it's great that you've
invited me on for the second time this year, you know,
and every day I appear before the media and I
answer questions and people can ask you what a lot?

Speaker 2 (32:26):
But that's an acceptable excuse, Chris. Then we don't need
an inquiry. Is that what you're saying, We don't need
an inquiry just to old turn up on the media.

Speaker 10 (32:33):
Well, I mean the first Royal Commission I think answered
all of the questions on COVID very well. That was
quite critical of the previous government. They indicated the things
that we thought we had we could have done better.
And it's difficult to know what the Second Royal Commission
is going to say different to that. But I mean,
let's let's wait and see what they come.

Speaker 2 (32:52):
But is that part is that part of your problem,
part of the problem. You called it a stitch up.
This is the part two you think is for conspiracy theorists.

Speaker 10 (32:59):
The Second Royal Commission themselves have said that we've answered
every single question that they've put to them. Now they
have no further information that they wanted to ask. When
they said that they wanted to do the hearing again
to basically repeat the episodes, they said that they weren't
ask exactly the same questions and that there wasn't any
further information.

Speaker 2 (33:17):
They I mean, so you don't the point, You don't well,
you don't see the optics of it.

Speaker 10 (33:23):
Well, I mean, as I said, the Royal Commission themselves
have said that we've answered every question, but.

Speaker 2 (33:27):
I don't know what those questions are. I don't know
whether illingworst worth worth of pinchers salt. I wouldn't have
a clue because no one can see it.

Speaker 10 (33:33):
But all of that is there's going to be publican
but it's not.

Speaker 2 (33:36):
At the moment, and there's no point. There's no point
saying it will be made public and then with the
benefit of hindsight, we can go hold on, they didn't
ask this, and you didn't say this, and we wouldn't
mind another go why can't we just see it away?
You know the British system, for example, you get to
see what's going on publicly. Elected officials get to be
held to account publicly.

Speaker 10 (33:55):
Well, that's not been New Zealand's past practice. So no
Royal Commission has ever held public hearings involving ministers before
following the christ Church earth quake, for example, following the
terrorists tech in christ Church. The practice the current Royal
Commissioner following is the practice every Royal Commission in New
Zealand's history of following.

Speaker 2 (34:14):
Right, So you agree with the idea that you shouldn't
be held to account publicly. This is this is a
good way of conducting business and people should just accept
that as it is.

Speaker 10 (34:25):
I'm held to account publicly every day, Mike.

Speaker 2 (34:27):
Knowing, but not in the sense of the specific commission.
Should Ellingworth call you, because I understand he's got the
power to do so.

Speaker 10 (34:35):
But that's a question to him, not a question to be.

Speaker 2 (34:38):
I know, should he What would your advise to him,
be well.

Speaker 10 (34:42):
Give Royal Commissions advice. I answer their questions, and that's
exactly what I've done.

Speaker 2 (34:45):
Okay, did you coalesce with Robertson and Verel and Addern
to make this sort of a collective decision?

Speaker 10 (34:53):
We had representatives in common who corresponded with the Royal Commission,
but each of us individually briefed that representative.

Speaker 2 (35:02):
Who's the representative?

Speaker 10 (35:05):
Well, at the moment that's been Denton's.

Speaker 2 (35:08):
Who are the company?

Speaker 4 (35:09):
You mean?

Speaker 10 (35:10):
Yes, that is great?

Speaker 2 (35:11):
Okay, So they advised you not to appear or you
advised them that you wouldn't be appearing.

Speaker 10 (35:18):
Well, see again, you're mischaracterizing it said it was no question.

Speaker 2 (35:23):
No appearing publicly, just just for future reference, for the future.
For the rest of the questions in this interview, I'm
referring to you appearing publicly. Right, So was it Denton's
who advised you not to appear publicly or did you
advise them?

Speaker 10 (35:34):
Well, you're misrepresenting my position. Like I have appeared before
the Commission.

Speaker 2 (35:38):
You have not appeared publicly before the Commission?

Speaker 10 (35:43):
Well, I have. I have answered all of the Commission.

Speaker 2 (35:45):
I'm not saying that I've said you have not appeared
publicly before the Commission. Did they advise you not to
appear publicly?

Speaker 10 (35:52):
Denton's I indicated to the Commission that I was Dentons.

Speaker 2 (36:02):
Did Dentons advise you not to appear publicly?

Speaker 10 (36:05):
Well, one of the things that Dentons did raise with us.
They raised several issues. One was that you know, no
ministers had previously done this, and that it would create
a precedent if we did so. The second thing they
raised was concerned about the fact that people who had
already appeared publicly before the Royal Commission had been the
subject of significant abuse, and that is concerned that the

(36:28):
Commission themselves, the Royal Commission themselves have acknowledged in the
decision that they took yesterday.

Speaker 2 (36:34):
So the spin doctors told you not to appear publicly
and you went, thanks very much, I'll take that advice.

Speaker 10 (36:40):
No, I don't think that's correct.

Speaker 2 (36:41):
Well, it's just what you explained to me. You said
that there were troubles with people appearing and that appeared
to be up your alley, and you said, as a
result of that, now I won't be appearing publicly.

Speaker 10 (36:51):
Well, that's your spin on it mine.

Speaker 2 (36:52):
Well, is it their spin? And their advice to you.

Speaker 10 (36:57):
Well, I I just set out what their advice to
be was, so that well, just.

Speaker 2 (37:01):
For the record, their advice appeared to be that if
you appear publicly, it might not go well for you.

Speaker 10 (37:07):
No, that's not what That's not the advice. I mean,
there's part of the advice that I can't comment on.

Speaker 2 (37:12):
But who's paying for Dentons? Because who's paying for dates.

Speaker 10 (37:20):
The public?

Speaker 2 (37:21):
Right, So why can't you comment.

Speaker 10 (37:24):
Well, because then I would be before a court. Why
because when the court issues a suppression order that says
you can't talk about something, you can't talk about it.

Speaker 2 (37:32):
So who's issued the suppression order? Do you have an
agreement with Dentons that you don't talk publicly about what
they tell you?

Speaker 10 (37:39):
There are issues relating to the safety of individuals around
the COVID nineteen response and public commentary on it that
the courts have indicated I cannot comment on or anyone
including you cannot comment on, and therefore we can't comment
on them.

Speaker 2 (37:55):
So even though we're paying for the spin doctors and
the spin doctors telling you not to appear publicly, you
sit here this morning in front of the biggest radio
audience in this country, the same audience you will go
to next year in an election campaign and go nothing
to see here. I've done my job.

Speaker 10 (38:11):
Well, you haven't asked me any questions. As I said,
to feel free every day. I'm available to answer any
questions on any matter of the COVID response, and you've
chosen not to ask me any but you're welcome to
at any point.

Speaker 2 (38:22):
Does Ja Cindra Aderne deserve to answer some questions to
the public as well?

Speaker 10 (38:28):
Well, that's a question for her.

Speaker 2 (38:30):
She doesn't talk to me. She doesn't talk to New
Zealand media anymore apart from when she's promoting a book.
So as a person who knows her well, does should
she be answering questions?

Speaker 10 (38:40):
Not to be fear Mike, I don't think she's spoken
to you for quite some time. But those are questions
for her, not for me.

Speaker 2 (38:45):
All right, Listen, I got to go Chris Hopkins, Denton's
and lawyers by the way, just to clear that up.
As opposed to spend doctors, although lawyers of course, as
we I think, no, can't be spent doctors, But just
to make that clear. It is sixteen seven The.

Speaker 1 (39:02):
High Asking Breakfast Full Show podcast on iHeartRadio powered by
News Talks at.

Speaker 2 (39:07):
B I will come back to your feedback in just
a moment, just really quickly going through those hundreds coming
in as you. Slippery is a word that's been used
quite a lot, slippery other matters quickly. Eighteen past seven.
Bit of good news around school leave us. I think
sort of seventy six point one percent left last year
with the NCEEA level two. Now that's up from seventy
five point five, fifty five point five percent left with

(39:29):
level three, which is up from fifty two point eight,
forty point two percent left with university entrance up from
thirty eight point six. So is that good? I guess
Erica Stanford's Education minister, and is with us morning, good morning?
Are they material improvements that you can go I did that?
Or might you have just got a bunch of kids
born at the right time who happened to do just
a smodge better than the ones born before them.

Speaker 14 (39:51):
I think it's showing that that climb out of COVID
that we're saying, Look, I became the minister, and you
know December twenty twenty three, and these students started what
gree twenty twenty four, So while we had an hour
a day of reading, writing, and maths and a big
focus on the basics. I think this is the incline
you're starting to see. But the decline, the bit at

(40:12):
the bottom, I'm really worried about that is decades of decline.

Speaker 2 (40:17):
I just wonder if you've got different groups, you got
two distinct groups. You got the kids who will go
to school, some will do better than the others, obviously,
then you've got a group of kids who are destined
to go nowhere from day one.

Speaker 14 (40:28):
I don't think they're destined to go nowhere. I think
we can change their destiny. That's what we're doing with
our huge reform program. The problem is, when we knew
these kids last year who left without anything, ten thousand
of them. We knew who they were when they were
in year five and twenty eighteen, when a quarter of
them were at curriculum for mathematics, and nothing happened. That's
why I'm looking at that data that's coming through from

(40:49):
primary school. That's lighting a fire. We've got this huge
reform program, structured literacy, structured maths, all the maths books,
the different way of teaching explicitly, and we're already starting
to see rezil in phonics, and we'll have some data
out in term three about that. We can see the
results happening. So I don't want to be sitting here
in ten years time or five years time when these
kids hit high school going or they failed again. It

(41:11):
is a tale of two hearts.

Speaker 2 (41:13):
Do we do exit interviews with kids who leave with nothing?

Speaker 10 (41:18):
No, we don't.

Speaker 14 (41:18):
We probably should, but we do track them like we
can see those who turn up in tertiary institutions, and
not many of them do. Many of them become neats,
many of them go on benefit. It's not a good
life outcome when you don't leave an n CEA or
a qualification. The longer you stay in school, the more
likely you are to get something, and the better your

(41:38):
life outcomes. And that's got to be our goal.

Speaker 2 (41:40):
Okay, did you hear the Hipkins interview?

Speaker 14 (41:43):
Look, I just missed it. I'm really sorry. I heard
the very beginning when you started to have a go
at him.

Speaker 15 (41:47):
But I think.

Speaker 14 (41:50):
My feeling is, Look, I know they've answered all the questions,
but the public owed a level of transparency, given what
we all went through that I I think they owe
it to us to provide and we're not getting that.
That's a shame.

Speaker 2 (42:02):
Nice to talk to Erica Stamford, Education Minister. It is
seven twenty one.

Speaker 1 (42:08):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, pow
it by News Talks.

Speaker 2 (42:14):
EP it is seven twenty four. Rider. Let's go through
some of the feedback. OMG, Mike, what on earth? Who
would even consider voting for such incompetence? He needs to go, Mike.
I'm sure you had one thousand texts, but the bottom
line is that the chippocrite, I think, unfortunately that's going

(42:35):
to stick. The chipocrit has not fit for public office.
Hopefully the interview was the end of it. The most
infuriating interview I've ever heard is arrogance and Smami comments
horrifically poor. Well done, Mike, He's on the ripes. Arrogance
is unbelievable. And with that, how could anyone have confidence
in his ability to run a country when he's not
prepared to be publicly accountable? Mike, I f Pellowden. This

(42:56):
guy is so arrogant. I wish the rest of the
political journalists held them to account. Never argue with stupid people, Mike.
They will drag you down to their level and then
beat you with the experience. Mike, the best interview ever. Well,
I don't think that's true. Slipkins Chip a crital Slipkins
Hipkins interview who said they were going to be the

(43:17):
most transparent open government. I should have used that line
to him. Of course. It's a very good point, Mike,
And he's digging himself up in many respects. It's not
about the performance of the interviews. In many respects, as
far as I can as an observer, he's digging himself
a monumental hole. And I'm assuming someone got to him
with this. Maybe they just can't read the room. Maybe

(43:37):
you got your Willow Gene primes and they just sit
there in their bubble and they honestly don't see how
bad they look. I mean, what he presented in front
of the country this morning was shocking. Now he's allowed
to do it, and it's his view and he's entitled
to it, and he might, in his quiet moments, genuinely
believe that filling out some paperwork from Illingworth KC Is

(43:58):
all he needs to do. But I find it hard
to believe that no one anywhere got to him at
some point indeed robertson' a deern. They're so arrogant they
probably don't care. They don't need to care anymore, but
veryl does. And he does that somebody didn't get to
them and go, Mate, no matter how much you hate this,
you've got to be seen to be doing the right thing.

(44:20):
If you feel you've got the answers to the questions
what's your problem? Front up, turn the spotlight on and
go for it. Mike, he is a sloppy, smirky, arrogant prick.
There's a lot of that. I could read out several
hundred versions of that. Jeez, Mike, thanks for trying. He's
slippery as an eel, Morning Mike. That guy could walk
under a snake with a top hat. I haven't heard

(44:41):
that before. That's not actually bad ffs and he wants
to be leader again read Chippy. Did you expect anything
different from him?

Speaker 15 (44:51):
You know what?

Speaker 2 (44:51):
Yes, even in his worst moments, he's got the experience.
And I thought the wherewithal too. You see, I could
blame Dentons, couldn't I? I mean the lawyers obviously said, mate,
this is more trouble than it's worth. But lawyers are
like that. Aren't they. They the lawyers never have to
go to the public and ask for a vote. How
this guy fronts an election year and talks about honesty

(45:13):
and transparency and stuff without everyone bursting out laughing. I
don't know. Does the New Zealand taxpayer pay Dentons to
defend these public Well, yes they do. That's part of
the commission process. And you and I are paying for
all this and hence the whole argument around transparency, openness
and honesty. The singular source of truth, Remember.

Speaker 1 (45:32):
That your source of breaking news, challenging opinion and honors facts.
The Mike Hosking breakfast with Rangethrover leading by example, news
talks dead be.

Speaker 2 (45:44):
Where's the team? There's a lot of this, a lot
of anger this morning, perhaps not surprisingly, where's the team
of five million? Now four short? Does what's right?

Speaker 8 (45:52):
Or do what's right?

Speaker 2 (45:52):
Get vaccinated for your country? All four of them plus
a few others, Baker, Plank, et cetera. I could think
of better words than slimy, iffing hypocrites, all of them.
So plenty of that this morning, twenty three minutes away
from eight Gilbert and locha mental skills genius behind the
all Blacks four many many years left in twenty three.
These days were for English cricket along with Chelsea C's

(46:14):
with us the right meantime are the unions are backed
with more strike action on the way. The injury teachers
there are this Wednesday. The nurses are out for two
more days next month. Anyway, Judith Collins is the Minister
of Public Service Centers with us on all of this. Judith,
morning to you, good morning. I think you were standing
with Erika Stanford yesterday when she was suggesting this is
a bit of a stunt. How as far as the
teachers are concerned, is it a stunt? Do you think

(46:36):
they've only been there for six days?

Speaker 11 (46:38):
Well, not only six days, but clearly they looks like
they spent more time on their marketing than they did
at the bargaining table. And you know they haven't even
put the offer to their members. They've just let's all
go out and strike. And what they're going to find is,
on top of the four percent to seven and a
half percent annual pay progression that's still there, there's an
extra one percent on top of that, or three percent

(47:01):
over three years. I just say to them, you know
these kids that they're targeting, which are the secondary's kids,
the senior secondary kids going through exam times and worrying
about NCAA and Cambridge. Those are the same kids who've
missed out in two years of education when we were
stuck in these lockdowns in Auckland. And when I think
about what they've already gone through and the teachers don't

(47:23):
forget their pay has increased massively over the last few years.

Speaker 10 (47:29):
You know, I just have a heart.

Speaker 11 (47:31):
Stop using these kids like some football and get a
union that actually cares about them.

Speaker 2 (47:37):
Do you happen? I mean, it's an impossible question to answer,
I think, but do you have a sense that is
this union driven and there are plenty of teachers out
there who actually, in a quiet moment, wouldn't be going
along with it? Or are they all in and they
hate you and they're feeling ripped off and they're on
strike No matter what.

Speaker 11 (47:53):
I don't think the teachers hate us. I mean they've
got a minister in Erica Stanford who was the biggest
advocate ever for teachers. I mean she and the government,
without being asked to, went off and paid for all
of their teacher registration fees that have been an ex
for a long time. She's put huge amounts of money
into professional development, She's done all these things, and you know,

(48:17):
it gets the bargaining table. We go to the bargaining
table and it's obviously all just a stunt. That's they
don't even put an offer back. They just go, we're
not even putting it to our people are on strike.
What those same teachers are going to find is that
actually partial strikes means partial loss of pay as well. Now,
and I don't think there's these unions are actually put

(48:39):
in their teachers first. What they are as they've said
it for you know, we've seen it from the public
service sector unions. They're going to keep on striking and striking,
carrying on to cause as much disruption because they don't
want this particular government, they want another one.

Speaker 4 (48:55):
That was.

Speaker 2 (48:57):
Exactly I was going to ask, how much do you
think of this as ideological? They simply don't like you.

Speaker 11 (49:02):
You know, look, you've got a where were they worrying
about what was happening with our kids when they were
locked down? You know, where were they? I don't remember
them ever saying anything about what's going to happen with
these kids? What I did know is that there were
teachers who are worried about it. But I didn't hear
the union there. Know they were right in there supporting

(49:22):
the then government no matter what.

Speaker 2 (49:24):
As I think we've discussed this before, but certainly nurses,
I mean that number of the Prime Minister often quotes
about one hundred and twenty five hundred and twenty seven
thousand dollars for senior nurse. It's on. It's commensurate with
New South Wales. Now, I think we can say the
same about teachers, can't we. Teachers are actually quite well
paid now, aren't they.

Speaker 11 (49:43):
Well, when you've taken into account twelve weeks, that's three
months paid leave every year, plus all the profescial development,
plus everything else that goes with it, all the allowances.
If you've got ten years experience with the normal allowances,
that most would be getting one hundred and forty seven
thousand a year. And you add in that the fact

(50:04):
that there's three months paid leave. Now who else gets that?

Speaker 2 (50:10):
It's not bad?

Speaker 10 (50:12):
No?

Speaker 2 (50:13):
Just quickly, Well, I've got you as a seasoned practitioner
and I'm a wonk. But watching yesterday Jerry and his philosophy,
the philosophy that he sees the public attacking you guys,
and to do something about that, we need to tidy
ourselves up in the house. I actually thought that wasn't
a bad argument.

Speaker 11 (50:33):
Well, I'm but careful what I say because just in case,
and I don't want to have an opinion on it,
anything goes to Privileges Committee.

Speaker 10 (50:42):
But MA sure of it.

Speaker 11 (50:45):
But it is important. We've always had rules about what
you can say and not say in Parliament, and one
of them is to call someone else lacking and courage
and that's those rules have been there forever, well before
some of these newer MPs have turned up, and they're
there for a reason, and it's about acting and behaving

(51:08):
in a professional manner. Parliament does have a certain amount
of theater to it and that keeps us all excited
about every day, obviously apart from the great work. But
the other thing is it shouldn't become just a comedy
of jokes and stupid behavior, because ultimately we end up
with this is the same body that asked the public

(51:30):
to respect us to act in the way that is professional,
and what we don't want to do is to see
Parliament descend into some sort of as I said, comedy
of errors.

Speaker 2 (51:42):
What do you make of Hipkins and co Oh.

Speaker 11 (51:45):
Well, you know, would it be too rude to call
them gutless, spineless, hypocritical? I look at this and think
you guys were every single day telling us all through
those lockdowns and everything else when we're at threat of lockdown,
in lockdown, just come out of lockdown? Why you are
the sole source of truth and suddenly you're you too

(52:07):
chicken to turn up? And the excuses that I've heard,
I think imagine if Christopher Luxon pulled that one. Can
you imagine it? I actually wouldn't be surprised. I mean,
we saw how to Cindra don decide you couldn't go
on your show because you asked your some hard questions, Okay,
and I expect that Chris Fipkins will probably do the same.

Speaker 2 (52:25):
Now, yeah, all right, I appreciate it. Judith Collins, we
started out Minister of Public Service and we moved to
other areas. But that's the fun of this program, isn't it.
Seventeen to Way.

Speaker 1 (52:35):
Good the Vike Asking Breakfast Full Show podcast on iHeartRadio
now ad By News Talks, that'd be.

Speaker 2 (52:43):
I just thought of something. Denton's advised them not to front.
Part of the problem with the Labor government, particularly twenty
through twenty three, is because they were so lazy in opposition.
They hadn't prepared for government. They didn't know what to do,
so they were very, very very heavily reliant on advice
from the public service. Hence the tremendous cock up of
the COVID inquiry are the COVID period generally, I'm just

(53:05):
wondering if Denton's go for legal reasons and all sorts
of reasons that lawyers come up with, we suggest you
don't appear publicly and instead of thinking for themselves, because
they're so reliant on other people telling them what to do,
no one actually got to them and said, look at
the optics. I might be wrong. Just a thought. Tony

(53:26):
Alexander couple of really really interesting things you've got to
read in his latest update on One Roof under the
headline rates are going to rise, homeowners need to buy
themselves time. He sort of agrees with me, but then
he doesn't. It pays for He says three A couple
of key things. It pays to recognize this where interest
rates next week is be time, cash rate time mortgage
rate time, all that stuff. It pays. He says, to

(53:48):
recognize that over the past three years, New Zealand's level
of productivity has gone down. There is no productivity growth
in our economy, which means for every given life of
growth in our output, there will be an extra upward
pressure on prices. Now, that's obviously a damning indictment on
the New Zealand economy, but there's a connection here. Business

(54:10):
margins are extremely tight. One measure I calculate shows margins
at their worst level since at least nineteen seventy. A
well above average proportion of businesses are reporting that they
plan to raise their prices next year, and that is
something which the Reserve Bank will keep in mind as
it assesses monetary policy. So what he's saying is, even
though we're stuffed and there's no growth to be seen,

(54:33):
what we do is inflationary and the RB's job is
to look at inflation. Is it a problem that already
is a problem at two point seven, Yes, within the band,
but trending up so they may act on the concerns
they foresee even though the inflation's not driven by anything
particularly good. You see what he's saying here none of
he concludes, none of these arguments preclude further cuts, but

(54:56):
they do mean and this is the critical part, but
they do mean this. If rates get cut to say
two point five, and this is obviously where we agree
with each other. I think neutrals at two point five,
not the three that some people are arguing. But he says,
the rates get cut to say two point five in
the next six months, then borrowers should anticipate relatively quick
increases once we get into twenty twenty seven. So on

(55:17):
the mortgage front, what he's saying is split short and long,
because if it goes down and you're sitting there saying
it's two and a half neutral and you maybe maybe
your mortgage rates even low fors, it's going to start
going up real fast. So that's well worth reading in
full tender way.

Speaker 1 (55:38):
The Mike casking breakfast with Dailey's Real estate news dogs
they'd be given.

Speaker 2 (55:42):
Away from it. So the land v. Tree debates hotted
up again. I'm afraid to tell you, fed farmer is
not happy. They see loopholes and what the government are
trying to do around the productive farmland v the carbon
offsets and planting pine trees, et cetera. Richard Dawkins's fed
farmer's forestry man, and he's well there's Richard morning.

Speaker 15 (55:56):
Yeah, good morning.

Speaker 2 (55:57):
Mind tricky one, This isn't it the line between what
a government to all the rules of the day are
versus what a person should be able to do with
their land. I mean, where do you land on that?

Speaker 15 (56:06):
I don't think it's complex at all. Actually, Mike, look
what we're advocating for. It still allows owners to do
what they choose with their land. And that's a really
important point. The proposals are a twenty five percent restriction
on carbon credits, on your ability to claim carbon. It's
not actually a restriction on what you can and can't

(56:27):
do with your land.

Speaker 2 (56:28):
The intent to plant thing that seemingly has been sorted.
Has it been sorted and has it been sorted to
your satisfaction?

Speaker 15 (56:38):
Well, time will only tell on that, Mike. What I
can say is they have tightened up that loophole, which
is great to see. So foresters now need to requirements, Well,
they need to prove that that ordered seedlings and are
intended to buy land before December. The fourth site has
tightened up it.

Speaker 2 (56:57):
So just to explain to people that haven't followed this.
People are buying seedlings, they don't have the land. They say, look,
we're going to eventually buy some land. So they've tightened
up on that aspect of it.

Speaker 11 (57:05):
Run.

Speaker 15 (57:06):
Yeah, that's right. But the major hole still is the
fact that the majority of sheep and beef farms, you know,
the engine room that drives our industry, are on classes
six and seven, and there's no restrictions on the ability
to claim carbon on class seven, and fifteen thousand hectares
can still be converted on class six.

Speaker 2 (57:24):
So class one to five is only twelve percent versus
your six and seven, which is as you say, you
beef and sheep. So do they need to move on
six or seven or do something with one in five
or more with one in five.

Speaker 15 (57:37):
Yeah, So the restrictions are on classes one to five,
so the twenty only can claim twenty five percent of
the carbon on that land. But we'd really like to
see that extended to classes six and seven as well.

Speaker 2 (57:49):
How big is the gap between you and the government.

Speaker 15 (57:53):
Oh, look at it's a simple amendment. It's a very
easy change. Just have the restrictions from class one to five.

Speaker 2 (58:00):
They need to agree with your Richard, and that turns
out they don't.

Speaker 10 (58:04):
Yeah.

Speaker 15 (58:05):
I think there's a bit of hedging their bets there,
sort of trying to keep both industries happy. But at
the end of the day, people need to realize without
a productive sheep and beef industry, we have less export
income as a country and our imports costs more. So
worried about it.

Speaker 2 (58:19):
Good point is what's happening on farm at the moment
beef and sheep wise exports money, et cetera. Is that
turning the debate? Do you think? Because I mean, every
manner's dog can see how good this is.

Speaker 15 (58:32):
Returns are a hell of a lot better on farm.
But there's a simple economic reality, Mike that the returns
from basically these licenses to pollute licenses for big corporates
to pollute through carbon farming, you can never compete with
it in a free market. Sheep returns would have to
increase exponentially to even compete. And this is a government

(58:53):
created market and we're an unsubsidized farming industry, so it's
just not a living people playing field.

Speaker 2 (58:58):
Always good to talk to your pressure Richardawkins, who's with
the fat farmers. By the way, I mentioned the wheat,
the barley, the grains. They're struggling and part of the problem.
And I sort of realized that, but I didn't realize
it was the specific Most people choose to import grains,
and what we want is for you to use. If
you make bread and stuff like that, we want you
to use local. Part of the problem with local is

(59:20):
a lot of locals grown in the South, a lot
of breads made in the north, and the problem is,
guess what the very expensive cook straight? Can the rail
and fairry combinations be upgraded to improve movement of grain
from the south to the north. If we could do that,
things for the farmer in that area would improve. Isn't
it amazing? Yet again, the basics from point A to

(59:41):
point B are letting us down something a little more upbeat.
I hope Gilbert and Oka the Brains Trust, if you like,
for the all Blacks for so many years these days
with Chelsea among others. He's in for a word after
the News, which is next on the My Costing.

Speaker 1 (59:56):
Breakfast, The News and the Newsmakers the my Casking Breakfast
with Bailey's real Estate altogether better across residential, commercial and
rural news talks head been.

Speaker 2 (01:00:11):
Seven past eight, so let's get into the world at headstakes,
shall we an elite performance? Gilbert and Oka was the
All Black's mental skills coach of course for years, retired
from the team back in twenty three Sinchmond with England's
cricket or England Cricket and the new South Wales origin side,
as well as Chelsea and the EPL anyways, book is
called Become Unstoppable. Gilbert Andoka is will us.

Speaker 5 (01:00:31):
Good morning, Good morning, Mike, thanks for having me on
the show.

Speaker 2 (01:00:34):
Great pleasure. Talk me through whether what you do is
age old. In other words, you subscribe today or prescribe
exactly what you did twenty years ago, or as your
field evolved dramatically.

Speaker 5 (01:00:48):
Or the underlying principles are the same. I you know,
pressure wears a new face every season every year, but
the principles for manager and navigating your way through I
believe it timeless. And you know the ways of enabling

(01:01:08):
athletes to get better at handling pressure has evolved, but
the principles of what you've got to do have been timeless.

Speaker 2 (01:01:17):
Do you need to be open to the idea or
can you present to me something that is so obvious
I can't help but implement it.

Speaker 7 (01:01:26):
Well.

Speaker 5 (01:01:26):
I think once you understand that, you don't get an
external shift unless you get an internal shift. So if
I want you to embrace something, then I've got to
move you internally. So in the early days when we
were getting people to look at the mental game in
the mental area, people had fixed mindsets. They weren't open
to it, and so you needed to be able to

(01:01:47):
shift them, to break the frame, to make them look
at things in a different way. Once you do that,
then you open the door and they become more receptive
to what you present.

Speaker 2 (01:01:56):
See, what you've been doing is interesting, So so much
time with the All Blacks. Then you've also worked with
Lori daily in the Origin, You've gone with McCallum at
the cricket and with Chelsea. The EPL does it very widely,
depending on sport or level of sport or type of sport.

Speaker 5 (01:02:15):
People ask me that question and I quite often say
it's completely different but exactly the same. Every time you
walk into a group. The dynamics of the group are different,
the principles aren't you know. Again, it's connecting with the individuals,
getting them to respect and being open to you. But
in the end, what we're aiming to do is to

(01:02:37):
give them skill sets that enable them to be reliable
under pressure. Because what we hate in sport at any
level is unpredictability. And so whether it's cricket, whether it's football,
whether it's league, whether it's union, when the heat comes
on and you are tested, we need you to be reliable.
And if you're not, your reliability and it won't last long.

Speaker 2 (01:02:57):
How different is it within a team, within the team environment,
where you would have vastly experienced people who have heard you,
listen to you, applied their own pieces of information for pressure,
versus the guy who's just been selected yesterday.

Speaker 5 (01:03:11):
I think it's you know, the crazy thing about this
area is that it's not something that you really really
get great at. You've got to keep working at it,
and the things that didn't provide an issue to you
last week, last month, last year sometimes can so a
skill set that's constantly evolving, and it's an area that

(01:03:32):
people have got to give attention to and once they
do and they move into it, then they can get
advancement with it.

Speaker 2 (01:03:40):
How long does it take? Because I know, for example,
origins are here now it's only on for a very
short period of time. I mean your contract for example,
at the moment of Chelsea. Do you need time to
make it work?

Speaker 5 (01:03:52):
Yes? I think you know if you apply it to
the same as a skill set, you know, it's an area.
It's like your strength and conditioning, it's like the nutrition.
It's a performance enhancement area, you know. Like I've learned
in my work that you know, people say you've got
to rise above pressure, and you will know from the

(01:04:13):
book where we I challenge that paradigm a little bit
to say that everyone's saying pressure is a privilege and
you've got to walk towards it, and you've got to
do that. But I've learned that you've just got to
work inside it. You accept it as a lifestyle and
you don't try and rise above it. You get inside
the bubble and you get comfortable exploring and navigating your
way around it. And once you do that, then it's

(01:04:35):
a skill set you've got to develop every day, because
your skill sets won't work if your mindset it's not right.
And that won't just come about purely because you're a
human being and you're in a team or you're in
a room with other people, so you know application to
enhancing your ability in these areas is an absolute must

(01:04:55):
if you want to actually achieve all you're capable of.

Speaker 2 (01:04:58):
Okay, listen, Gilbert, hold on for a couple of moments.
Gilbert and Okah, the book has Become Unstoppable. Got to
talk about Chelsea in a moment with them twelve past eight.

Speaker 1 (01:05:05):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News.

Speaker 5 (01:05:10):
Talks It be.

Speaker 2 (01:05:12):
There'll be fourteen past eight. So the book has called
Become Unstoppable. Gilbert Andoka.

Speaker 8 (01:05:16):
Chelsea.

Speaker 2 (01:05:16):
I'm really interested in Gilbert because in the sense it's
most I would have thought cultural thing. Often language must
be an issue. You're dealing with guys too, at a
level of money finance that's not seen in this country.
It's really, I guess a different world. Does it feel different?
And therefore does what you do need to be different?

Speaker 5 (01:05:35):
Absolutely, Like I've I had a period with them, I'm
no longer with them now because it's just you need
to be over the living inside the bubble to do
the job effectively, and I haven't got the tide to
do that. But when I went in there, there were
thirteen different languages. During my time there they've been through
five different coaches, and so when they go, they just

(01:05:58):
spit everyone else out with them, And so a whole
new crew starts and if the players no good, they
just spit him out and spend one hundred million buying
somebody else. And I said to the owner, Todd Bowley,
I said, the first EPL team that adopts an all
black esque type culture, we'll get a significant advantage inside
the EPL. And from my observation, no one has really

(01:06:21):
taken up the mantra or taken up the challenge of
doing that. But it's a world of opportunity for someone
to walk through that door and to open it up
and to make the most of it.

Speaker 2 (01:06:34):
And when you said an all black type mantra, one,
did they know what that meant? And two for us,
what does it mean?

Speaker 5 (01:06:42):
Well, they certainly know what it is. It's the brand
that's universal, you know, Like I got up in front
of the players and spoke several times to them, and
there wasn't a person in the room there that didn't
know who the all blacks were. And you know, the
all black esque type culture is where they all the
Aubacks don't have their name on the back of the jersey.

(01:07:03):
You know, every other sports team does. They don't have
their name on the back of the jersey because no
one owns it. Their job is to fill it, to
fill it with honor and so that it pays respects
to those people that have gone before them and sets
an example for those that follow. And when you understand
that the team towers above the individual, and that while

(01:07:23):
me can serve we we then strengthens me. And you
get that circular motion right, and then all of a
sudden you're creating something that is greater than the individual parts.
And that's the uniqueness and the specialness of the All
Blacks culture, and it lingers long after you've finished playing
and being involved with the sport.

Speaker 2 (01:07:45):
Is there an impediment though, because at least part of
the all Black story is about patriotism in a country.
Chelsea is not about patriotism. Chelsea's about a club.

Speaker 5 (01:07:55):
Yes it is, and I think and that's where you know,
driving the personal mote. It is about what's important to you.
You know, I've always felt any victory without character has
been hollow. And once an individual understands that their own
character is defining and what they do inside the team
or organization they're working with is an expression of their culture,

(01:08:19):
then it does create its own legacy. So you know,
wherever I go, I want to do my best inside
that specific area. And the greatest teams mind around something
bigger than themselves. But we understand that in today's day
and age, me is important. Personal branding and all that
is terrific, but you can get so much more if

(01:08:40):
you allow that to serve something bigger than yourself. And
then at the same time, that thing that's bigger than
you will actually make you even better. So you know,
there's merit for those that I tell you a lot
got it. You know, if guys like Reece James and
people like that inside that bubble that they get it.
It's just that if everything's fluid, like the loaners are

(01:09:03):
changing and the coaches are changing, it's damn hard to
get the stability you need to give yourself a foundation.

Speaker 2 (01:09:10):
What I would, and this is not a personal session
for me, what I reckon I would under have real
trouble with is the outside stuff I can't control. Like
I don't mind being part of a team that's good,
but I look around and go that guy's a dickhead,
and they keep changing the coach and the owners are
more on And that's what I would struggle with, how
do I buy into that the stuff I can't fix?

Speaker 5 (01:09:32):
Well, you know that that's a great comment. Like it
in all my years of working with all these different sports.
It's unwunnable if it's not right at the top. So
that's the first thing, you know. It's unwunnable in a family,
it's unwulnerable in a classroom, it's unwulnerable in a sports team.
And then you know, the whole notion of you know that,

(01:09:53):
of talking about being unstoppable is understand understanding that you
work on the things that that you no one else
can control. The two things that other people can't take
away from you. One is your character and two as
your mindset. And so you'll only win when your mind
is stronger than your emotions. So for you and for
us experiencing sport and life, we can't stop our emotions

(01:10:16):
that happen all the time. So what we have to
do is we have to get better at managing our
responses to those to the things we can't control. So
in a rugby game, when somebody brasses us off or
does something illegal. We don't want to punch them in
the head because that causes problems. And so for Mike hosting,
we've got to understand what are the things that rise

(01:10:38):
raise your emotions and how can we help you to
ensure that your mind can get some degree of control
over them. That's the challenge, that's the duel. The duel
is the battle between your emotions and your mind. And
once you win that battle, then you'll win more of
those moments than you'll lose them.

Speaker 2 (01:10:56):
Can you still could you do it with Rory mcelroyal
Jokovic as an individual with no real team per se.

Speaker 5 (01:11:03):
Well, absolutely, they can teach us a lot too, by
the way, you know they I marvel at some of
the things I hear them say they get it. But no,
but it's not an end point, you know, like it's
you know, some people with can be I can handle
pressure really well today, but in the next game in
the same situation, I can't. So it's ever evolving. I've

(01:11:23):
had lots of conversations with body over the years, with
Rory because he's a great mate of his and saying
the one area he needs work on mates this area,
and and and I think that he could, he could
really be a superstar. And I think he's had conversations.
But it's it's applying that it like you do other
areas that you work on it as a skill set,

(01:11:44):
not just as a motivational pep talk. And you know,
you've got to You've got to lay yourself down. You've
got to. You can't train what you won't talk about.
So we've got to get these athletes to talk about
the things that cause problems for them, issues for them,
struggles for them, to test them, that stretched them. Once
we identify those, we can then train.

Speaker 2 (01:12:04):
Them and we can and that's we can presumably apply
this to the country as a whole, can't we.

Speaker 5 (01:12:10):
Absolutely? You know, it's a When I first started in
this area, and you would have noticed, you know, from
the book, it was it was sort of a poohooed subject.
I always called myself the ugly duckling, and everyone accepted
all the other disciplines, but not this one. This one
was considered if you worked in this area, you're week.

(01:12:32):
And I still think that does pervade a lot of
the landscape, might you know. I think it's a lot
of people think that if you need work and you
need to strengthen your mental gain that there is a
weakness in you. But Grichie, I'd love to see it
toward as a curriculum, you know, like somebody has. Actually,
you know, I always told people I got on the
all black bus fifteen minutes before they went to training

(01:12:53):
or a game. I went to meetings fifteen minutes before
they came to a meeting, and all I did is
looked at them. So when they came in, I wanted
to know where are you at today? Because I can't
move anyone unless I get that right. And that changes
every day, changes when we walk home at night into classrooms.
So I think it is applicable right across the board.

Speaker 2 (01:13:14):
Fantastic, Well, good luck with the book. Great to talk
with you, and I appreciate your time very much.

Speaker 5 (01:13:19):
Thanks Mike, enjoy your show and enjoy your perspectives, and
thanks for the conversation.

Speaker 1 (01:13:23):
Gilbert and ok eight twenty two The Matehosking Breakfast with
Veda Retirement Communities News Togs heead b.

Speaker 2 (01:13:31):
Now, if you tried the magnesium supplements in the past,
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Cosking Gilbert's book Become Unstoppable Tuesday. This coming Tuesday, it
is available to you. Mike Big call but probably the

(01:14:38):
best guest on the show this year. Massive difference to
your second time caller just after seven, Very very good,
Rod Little the Americans in the UK at it, the
Americans suggesting it's not as free a country as you
might believe. So it's Trump v Starmam are with Rod
after the news, which is next?

Speaker 8 (01:14:59):
Zari the only.

Speaker 1 (01:15:00):
Report you need to start your day from my casting
Breakfast with a Vita, Retirement, Communities, Life Your Way News
togs Head.

Speaker 2 (01:15:09):
Be by Mike loved the interview. Wow, this man talk sense.
Damn he's good. So we got some feely good reaction
to Gilbert and Oka. Mike, move on from the COVID
inquiry you're talking about talk about the state of today's
cost of living. You sound like a cry baby this morning. See,
this is what worries me about this. Why if you
want me to talk about the cost of living, one
of the first things I'd raise would be is why

(01:15:29):
are we having the cost of living crisis that we are?
And the answer is the COVID period, isn't it. So
if you can't join those two dots together, there's no
hope for any of us. Mike, doesn't the state of
play now lie with Illingworth, who summons the Gang of four?
The lines you guys have come up with this morning
have been exceptional. Congratulations Now the Gang of Ford of

(01:15:50):
the public hearings of the Royal Commission, it is Dibby
the great unanswered question of the morning. Illingworth isn't talking
to a degree. I cut him some slack. He's running
an inquiry. You can't pop into the media every five minutes.
I get that. But and brookvin Velden was on with
Ryan before six o'clock. She was disappointing in her answer
said it's really more on the politicians than Illingworth. Probably

(01:16:14):
technically she's correct, but she must, in her heart of
hearts be thinking to herself, was this the right bloke
to call if because the pressure is on him, if
they are so spineless they won't front, I'd call their
bluff and call them without a shadow of it out
because my credibility. Illingworth's credibility is on the line if

(01:16:35):
he presents a report, and obviously the question is going
to be asked, well did you ask him this? Did
you ask them that? And when we read what was done,
we then go, well, hold on, what about that bit there?
Or where is the bit I wanted to hear about
that isn't in this report? Because then it's all benefit
of hindsight stuff, and then it becomes a problem, doesn't it.
Twenty two to.

Speaker 1 (01:16:54):
Nine International Correspondence quid ends an eye insurance peace of
mind for New Zealand.

Speaker 16 (01:17:00):
Britt mcgar A lot, a little, A very good morning
to you, Good morning to you, mate.

Speaker 2 (01:17:03):
Do excuse me for being rightfully superficial as always, but
I do need a weather update. Are you sweltering? Is
it above thirty? Is the end of the world meteorologically
upon you?

Speaker 7 (01:17:12):
It is?

Speaker 16 (01:17:13):
It is even up here in the north. I didn't
go out today. I stayed inside and watched Cashion in
the attic. It was too hot to do anything. But
it won't last. It will last another couple of days
and then.

Speaker 2 (01:17:29):
We'll have the rape exactly Well, at least it's been
nice for Lemmy and his best friend, his best fishing mate,
which I know they didn't have licenses for, which is
sort of ironic. But I know that Jeremy Clarkson's waited
in as well, and there seems to be a little
bit of upset about JD and his entourage.

Speaker 16 (01:17:47):
Yes, it does, I think, but I think that was
always going to happen because he is not liked by
a certain section of the population and by a certain section,
particularly of the chapter in class. The truth is, and
I think a great deal of credit has to go
to David Lammy for this, for how he's dealt with JD.
Vans and brought him on side and struck a common bond.

(01:18:08):
That it shows a certain knack of diplomacy which I
haven't thought was there. Vance himself is clearly, you know,
an angler phile. The licenses stuff gives the manner break.
I don't suppose Lammy's ever been fishing in his life.
I think it comes from an estate in Tottenham.

Speaker 10 (01:18:31):
You know.

Speaker 16 (01:18:31):
I don't know what they have fished for there, but
you know, there's an awful lot of coughing anything which
surrounds Donald Trump or indeed JD. Vans, And this country
always comes under the snoping of the.

Speaker 2 (01:18:45):
Left, the speaking of Trump, wasn't it? Was it Trump
or was it the State Department? Or was it both
of them? And there's business of you being a free
country and the protest and the noise going on, and
I thought you got on, well does this cause a problem.

Speaker 16 (01:19:00):
It's a shot across the bowels. It's certainly something both
Vance and Trump have set before and now it's in
an official State Department investigation into human rights in various
countries of the world were particularly ours, and what the
State Department concluded was that over the last year, human

(01:19:22):
rights has significantly worsened in this country as as a
consequence of limitations on freedom of speech. And they cited
various examples, particularly incidentally, as you would imagine from the
State Department, anti abortion demonstrations being stopped from even saying anything.

(01:19:42):
It has a certain resonance, and it has a certain
resonance with people like Kerrie Badenoch, with Nigel Farage, and
it does cause a problem for the government, which is
already under fire, that being a two tier government which
penalizes the right for saying things. But let's the left.

Speaker 2 (01:20:02):
Goree exactly, So does does starmer way in or does
he just walk that tight rope and let that stuff fly,
given he's got seemingly a reasonable relationship with Washington.

Speaker 16 (01:20:12):
Yeah, well, he said rather petulantly when he was in
a meeting with Trump and Vance, while they've had human
rights here for a very long time, which was at
least nicely sort of barbed given that the United States
hasn't been in existence for a very long time. But
I think he would be ill advised to say anything
at all about it, because it will only inflame the situation.

(01:20:37):
What he ought to do is just as sure that
everyone has a right to say what they think.

Speaker 2 (01:20:41):
Yeah, exactly. So I'm reading yesterday that Reeves's latest plan
for the massive gap that we've been talking about and
the ability to spend money versus the money you're bringing in.
Is this inheritance text? If you're going to go for texts,
is inheritance the better of the options or not?

Speaker 16 (01:20:57):
I think they think it's the better of the options
for not infuriating people, But it's already beginning to infuriate people,
largely people who object to being taxed twice three times
on one particular bit of income, you know, which is
what we're seeing with inheritance tax. There are are there
are complex moral arguments about inheritance tax.

Speaker 10 (01:21:20):
You know.

Speaker 16 (01:21:20):
I don't know what side of the line you're on, Mike,
but I find it difficult to call should should kids
be given a huge start in life? Or should they
have to work for themselves? Et cetera.

Speaker 2 (01:21:32):
But when she comes to do it, which inevitably she
is going to and she breaks a promise, does she?
How do you explain that I'm not going to?

Speaker 16 (01:21:39):
But what sest did circumstances changed, Mike, is what she
will say. And it was forced upon us by the
by the refusal of her party to back the welfare
benefits bill and so on, so so she will try
to wriggle through it by saying things have changed. I

(01:22:00):
planned to saveless money through welfare reform, but I wasn't
allowed to.

Speaker 2 (01:22:05):
You're very good, Blake mate. Well, you have a good
weekend and we'll catch up next week. Rod Little in
Britain for us this morning, it's already seventeen to two.

Speaker 1 (01:22:13):
The Like Asking Breakfast Full Show podcast on iHeartRadio, Howard
By News talks at be the Mike.

Speaker 2 (01:22:20):
The four COVID teers won't front the Royal Commission to
answer orally after having had lawyers not then personally supply
written secret of answers, because each of them not lawyers,
would have to be making up the answers. That's the
real reason for their no show. Mike. COVID needs to
be laid to rest. There are far more important issues
to think about. New Zealand needs to move on from

(01:22:41):
this extremely boring matter, so the risk will be calculated
on the labor department or a labor Party's behalf is
that there are people like you who feel the same way,
so that no matter what has happened to this country,
who was in charge of but what decisions were made,
no matter how historical are important it was. There comes

(01:23:01):
a certain point in time and you've obviously reached it
where no matter what it was, it's over. So no
matter how much your life was tipped upside down, how
much your will changed, at some point we just go,
oh it's boring now we'll move on. So that'll be there,
you know, And you're entitled to ubu more than entitled togibu.
I have found I think it's CNN. It's limited to
C and N, so what's luxe? And yesterday a court

(01:23:26):
suggested that netnya who had lost the plot, so that
scene has run it. That's about it. I found it
nowhere else internationally, so it wasn't you know, I don't
know was it going to be a big deal? Not
really anyway. Sharon Haskell, who's the Deputy Foreign Minister of Israel,
has responded to a degree via social media. I guess
when you don't really need an army because your most

(01:23:47):
deadly enemies are possum or a cat, you wouldn't comprehend
the challenges that come with facing how massage your hard
as death cult only a few kilometers away from your country,
that rape, execute, burn alive, and starve you people, which
is not as bad as what happened to Albanzi yesterday.
And yes, this is politics, and yes they're playing it up.
I fully understand that, but nevertheless, this is what you

(01:24:07):
get when you start talking about recognizing Palestine as a state,
and this will be part of the problem that the
New Zealand government is grappling with at the moment. Headline
her Maas praises Albanesi's courage, So exactly what you need
politically is the endorsement, backing and support of hermas Her

(01:24:30):
mass has applauded the Albanesi government. It says it's vindicated,
it's shock October seven attacks on Israel and commitment to
armed resistance. Now, obviously Albanzi will say that's not what
it's about at all, but that's not going to stop
a group like Kimas say ah At last I see
Albanesi of Australia has vindicated our October seven attacks and

(01:24:53):
our commitment to armed resistance, And that's the line they're
going to be peddling, and that's what you're buying into
they reject Albanezeu's claimed that Hamas would be totally opposed
to the move, as he tried to explain the day
before to recognize Palestinian as part of a global effort
to progress a two state solution. One of the organization's
top official praised the government for showing political courage and

(01:25:15):
urged other nations to follow suit. So can you see
through that or are you tarred by the Hamas endorsement.
Ten away from nine.

Speaker 17 (01:25:28):
The Mike Hosking Breakfast with rainthrow Bern used Tom's dead
b speaking of Mars, I was going to ask Hipkins
about his comments about the Veto alleged Veto that actors
holding the government to ransomovera no pun intended, whether or not,
because all that act said was they want to demilitarize
ha Mass and I wouldn't.

Speaker 2 (01:25:44):
Have thought that's the worst thing in the world, whereas
Hipkins would appear to be in his comments suggesting it's
a veto that he is happy with hamas and militarization
along with people like Elbow, But I didn't have time
for that because we had other matters to deal with.
By the way, the other thing Andrew raised much earlier
on the program, if you missed it, was just talking
about the Commonwealth Bank of Australia their result yesterday. The

(01:26:05):
associated bank in this country is of course the ASB,
and they didn't do as well as the CBA, which
is a reflection of the economy. A couple of things
I thought were really interesting. They're hiring seven hundred and
sixty eight more people. That's a lot of people, seven
hundred and sixty eight more people. So they're doing all
sorts of things around tech and helping your process your
mortgage application and stuff like that. But their mortgage lending

(01:26:26):
increased by seven percent. Now I don't know whether that's
just a general increase and everyone's borrowing more money, or
whether they've stolen some market share, but that's a good sign.
A business from rural ending up two percent. Maybe that
big on rural I would have thought rural ending might
be a little bit higher. Maybe the money coming to
the farms are so great these days you don't need
to borrow anymore. Maybe they're paying it back. Interest bearing
customer deposits also rose by three percent, so that sort

(01:26:48):
of goes against the general tie that we've got no money.
But the margin, this is the one way, is like
the net interest margin, the profit is what we're talking about.
That's up four basis points to two point two seven.
And once again again we have a look at the
comparison to CBA. What's their net margin, Well, it's two
point zero eight. So the margin, the profit margin in
the New Zealand Bank is greater than the Australian Bank,

(01:27:11):
which would lead Nicola to say, see told you, But
it would also lead the bank to say, well hold
on because of Adrian and there's weird rules around all
the money we've got to keep aside just in case
that's the problem, and that argument will continue, I think
for the next three hundred and twelve years. Five minutes
away from.

Speaker 1 (01:27:31):
Nine trending now with chemist ware house, great savings every day.

Speaker 2 (01:27:37):
What's more interesting than Taylor who's on Travis and Jason's
podcast in a couple of hours presenting a new album.
If you haven't seen the teaser, she pulls out a
briefcase and she pulls it out and they've pixelated out
the album. So apparently today you're going to see the
album and you can all lose you you know what
they But just in case you haven't caught up on this,
there's even more teaser clips.

Speaker 5 (01:27:58):
I guess today.

Speaker 18 (01:28:00):
He's a singer, songwriter, and producer and director from Nashville, Tennessee.

Speaker 8 (01:28:04):
That's she is from reading President.

Speaker 18 (01:28:08):
She is the most awarded artist in the history of
the American Music Awards, Billboard Music Awards and iHeart Radio
Music Awards.

Speaker 5 (01:28:15):
God damn Jim fourteen Grammy Awards.

Speaker 8 (01:28:17):
That is the only artists in the history short.

Speaker 5 (01:28:20):
Hans of the Year four times.

Speaker 18 (01:28:22):
Last December, she wrapped up the Aristour, which span one
hundred and forty nine shows across fifty one cities.

Speaker 1 (01:28:31):
Why are you ready?

Speaker 18 (01:28:32):
Violent past the most the history of shows?

Speaker 1 (01:28:37):
Taylor intro Jason, Oh.

Speaker 2 (01:28:44):
My god, she can also take the mickey out of us.

Speaker 19 (01:28:47):
So as we all know, you know, you guys have
a lot of male sports fans that listen to your podcast,
and I think we all know that if there's one
thing that male sports fans want to see in their space,
isn't on their screen, it's more of me.

Speaker 2 (01:29:05):
Okay, that's eleven o'clock our time. It's on the Spotify,
it's on the Apple, or on the YouTube, pretty much everywhere.
More important or more interesting than that, her album is
called The Life of a Showgirl, which I reckon is
a brilliant title. Most albums these days have a sort
of a lack of imagination about life of a showgirl.
She's very good at the titles, anyway. More important than
that is Travis Kelcey, who's on the cover of GQ.

(01:29:28):
Not only in the cover of GQ, is in most
of GQ. A twelve hour photo shoot, and it reminds
me that I'm a big fan of Vanity Fair, and
Vanity Fair used to do just the most unbelievable photo shoots.
Any Lebewitz and those sort of people just did incredible
photo shoots. Photos you look at and go, oh my god,
how did they do that? Well, GQ and Travis kelce

(01:29:49):
in swamps with snakes and alligators and jet skis. It's incredible.
Why did it? I got no idea because it took
twelve hours a day, but it's well worth looking ups
and ded are we tomorrow from six o'clock, as always,
Happy Days.

Speaker 1 (01:30:06):
For more from the mic Asking Breakfast, listen live to
News Talks at B from six am weekdays, or follow
the podcast on iHeartRadio

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