Full Show Podcast: 14 February 2025

Episode Transcript
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Speaker 1 (00:00):
New Zealand's home for trusted news and views, The Mic Hosking,
Breakfast with al Vida, Retirement, Communities, Life Your Way, News,
togs hed B.

Speaker 2 (00:09):
Wedding and Welcome. Today we will meet Nichola Willis and
Ile five and talk about supermarket to word with the
bloke who runs the school lunch company about pies Today.
Scott Morrison's in the country, so he popped by to
say hello. Tim and Katie do the Weak, Richard Arnold
and Trumpsville and Murray Olds covers the Mighty Australia.

Speaker 3 (00:25):
Pascal, Welcome to.

Speaker 2 (00:26):
Friday seven past six. Who knew helping charities was so harday?
Or to put it another way, who knew charities were
doing so well? So we've had a clean up clean
out at our place where shifting and shuffling and decluttering.
This happens a bit at our house. I married a
person who loves stuff until they don't. Hasn't applied to
me yet, but it applies to a lot of other stuff.
Tables and chairs and clothes. They're in the current pile.

(00:48):
So rather than dump them, we ring people. Hospice are there,
full SPCA, they're full Salvation Army they're full, Red Cross
no reply, no answer phone, nothing, no reply. Habit for
you manner, no reply, no answer phone, nothing, no reply.
How can I give you stuff if you can't answer
the phone? City Mission they're full. You literally cannot give

(01:09):
stuff away. And if all these people are full, they
seemingly can't give it away either. I mean, if they
can't give it away, can that mean that demand is down?
Does no one want a table or a set of
dining chairs? Is the country not really in the dire state?
They keep telling us it is. We did have the
problem a while back, of course, where charity started to
get a little bit picking on things like clothes because
people were dump tat and essentially rubbish. But in our

(01:31):
pile clothing wise, there's a Kenzo sweatshirt. Who doesn't want
a Kenzo sweatshirt. We did think we could say it,
you know, for the kids. Someone sometime is going to
need a flat full of stuff. Apparently half our old
stuff is in fact scattered all over the place in
various flats. But storage is money, and who the hell
knows when or if your kids are going to need
a set of glasses or a side table. So we
thought the most used right here, right now are the

(01:53):
army of those in genuine need. But seems there is
no army because everyone's full. So the dump it is.
Is that a waste or is it good news that
the so called need there is nothing like they make
it out to.

Speaker 4 (02:05):
Be news of the world.

Speaker 5 (02:08):
In ninety seconds, Well, that.

Speaker 2 (02:09):
Was attack in Munich. It was a union rally. A car,
a mini drives into the crowd.

Speaker 6 (02:14):
And Afghan perpetrator has severely injured people. And that is
not something that we can tolerate or accept. It must
be very clear to us that the judiciary must use
all everything in their power to proceed against this perpetrator that.

Speaker 2 (02:30):
Shoots the chancellor, here's the local premier.

Speaker 7 (02:32):
It's his own Bushbut it's simply terrible.

Speaker 8 (02:34):
Ladies and gentlemen, when you receive the news that someone
has driven a car into a crowd of people, again
that there are several injured, it's a slap in the face.

Speaker 2 (02:43):
Here was someone who saw it, not horse. The shock
is still big. You'd have to ask me again in
a few days.

Speaker 5 (02:50):
I'm very shocked at the moment.

Speaker 4 (02:51):
You just don't believe that it could happen before your
very eyes.

Speaker 2 (02:54):
And moves are the so called negotiations to be in
the war. The Russian foreign mist not surprising these bullish this.

Speaker 9 (02:59):
Is how you should communicate with Russia. Perhaps that is
why many in the West, including the leaders of the
European Union, were shocked when a simple, normal conversation took
place between two polite, educated individuals.

Speaker 2 (03:12):
Yea, NATO astonishingly seems to have been caught off guard
by all of this. They've worked out Ukraine doesn't really
appear to be part of this chat, and if they
don't pull their finger out, things might move on without them.

Speaker 10 (03:22):
I expect many ministers to return home from today's meeting
with an even greater sense of urgency.

Speaker 3 (03:30):
We also discussed the.

Speaker 10 (03:31):
Need to reramp up defense production as we ramp up
defense spending.

Speaker 2 (03:36):
They're in Britain, Starmer. He was in Buckinghamshire this morning
visiting a housing at state when he got word the
farmers and the attractors and their protest were on the way,
so he scaped.

Speaker 11 (03:45):
Before I got here. This morning, I've jogged one of
our sons at school, the other one at pre school.
They desperately want to be a farmer like their daddy,
like their granddad, like generations before them, and to be
saying to them at that age while get another plan
is is heartbreaking.

Speaker 2 (03:59):
Vitally highest paid athlete news Yes, for another year. No
one earns more than Christiano four hundred and sixty million.
A lot of that's Saudi money these days. Three hundred
and eighty million plays with the Saudi's rest is and endorsement.
Steff Hurry two hundred and seventy two million, Tyson Fury Me,
Andel Messi, Lebron James round out the top five. Poco
Goth by the way, the highest him in Female fifty

(04:20):
four million dollars. You want to go down a little bit,
name U six and there in Bappe John Rahm of
Lived one hundred and five million dollars. There's news of
the world in ninety seconds. My word. They found some
growth in the UK zero point one percent for the
fourth quarter, so we'll take that in the other big news.
Just in the last couple of minutes, RFK has been

(04:42):
confirmed eleven past six.

Speaker 1 (04:46):
The Mike Asking Breakfast Full Show podcast on iHeartRadio Power
by News Talk zeb.

Speaker 12 (04:54):
No.

Speaker 2 (04:54):
I haven't tried putting it on marketplace because I don't
have time to put it on marketplace. Not surprisingly, by
the way, the Hondonness thing and Mitsubishi were and there
as a junior partner that's fallen apart officially overnight. They
would have been if they put it all together. They've
got problems with China. Obviously they would have been fourth
behind Toyota, Bolkswagen and Hyundai. Would have been worth about
one hundred billion dollars. But it hasn't happened. So it's

(05:14):
over fourteen past six from JMI. Well for Andrew kelliher
Welcome to Friday.

Speaker 7 (05:21):
Happy Friday, Mike.

Speaker 2 (05:22):
So it's seen. We got excited about Christmas, spent a
bit in December, but January and the Old Spending Department
not so good.

Speaker 8 (05:28):
No no card transactions status on the least January d
C yesterday, So what's the state of the spend? Are
we out there tapping and swiping the plastic?

Speaker 7 (05:38):
Well, yeah, you're right.

Speaker 8 (05:39):
We saw a lift in electronic card transactions in December.
That was encouraging in the sense that it sort of
affirmed the lifting confidence we were seen towards the end
of last year. So January unfortunately yet no follow through
in the numbers. So total electronic card transactions were totally
flat month on month. Look at the year on year
one point six percent gain. That sinnemic. It's below the

(06:01):
level of inflation, so actually going backwards. But if you
look at the subset, look at total retail spending and
core retail spending, they both fell in January. So it
does look like that slightly weaker sentiment that we picked
up in the confidence numbers in January seems to be
mirrored in spending as well. And Mike, the December numbers

(06:22):
were revised up, which sort of almost exacerbates the four
that we saw in January. Now, December did see a
good lift in durables spending that's not been repeated in January,
and it can be lumpy. I mean, you know, you
don't buy a fridge every month, do you. But if
we look at the trend in card transactions, they are
very slowly and very weakly moving in the right direction.

(06:45):
But it's a very shallow trend. And as the impact
of those low and morggarates slowly feeds its way into
household budgets, as people's fixed rate loans mature and a
refix at low rates, that should support retail spending over
the course of the year now. Actually, Mike, A and
Z released their data from their issued cards yesterday as well,
and that does sort of support and corroborate what's been

(07:06):
reported through Status of New Zealand data. I think they're
spend down zero put nine percent. And actually I was
just flicking through their numbers Mike and I looked at
they have a chart on retail of sorry restaurant and
bar spending. Gosh, that's not a pretty sight. It's basically
just been flatlining four years. So it sort of highlights
the tough environment that hospital got out there.

Speaker 2 (07:26):
Okay, and then we come to scale up. Now, am
I right in saying that they didn't sell that many
gum boots? So what they do all their others have
they trimmed their costs? Is that where the record profit
has come from.

Speaker 8 (07:37):
Agridivision going well so as scaler up results announcement yesterday,
so we'll finishingly kind of positive note profit and earnings
for the six months to deck thirty one record record
profit innings, Mike, which is great. Unfortunately, the market was
expecting that, so it didn't get the rousing response in
the share price you may have expected, but it doesn't
distract from the quality of the results. So yes, Mike,

(07:57):
the agri division went very well. They produce things like
milking liners they're using in dairy milking shed so strong
milk prices helpful in that context. There was also restocking
going on here as well, because they were bouncing back
from de stocking in the previous period as customers sort
of normalized their inventories post COVID. We're still getting the

(08:17):
COVID effect coming through, and when's it going to go away?

Speaker 2 (08:20):
Anyway?

Speaker 7 (08:20):
Yes, footwear red bands they were down.

Speaker 8 (08:23):
That is part of the redivision, and that's sort of
affected by more general reduced consumer.

Speaker 7 (08:28):
Spending because it's not just farmers that buy the red bands.

Speaker 12 (08:30):
Mike.

Speaker 7 (08:30):
Now of interest here, Mike's.

Speaker 8 (08:32):
Scaleup are directly affected by Trump's new China tariffs.

Speaker 7 (08:36):
So Trump's talked a lot about tarftfs.

Speaker 8 (08:38):
He hasn't actually im implemented much, but he has implemented
increased tariff's on China. Scaler up manufacture some product in
China and send it to the US.

Speaker 7 (08:46):
It's only about ten percent of revenue impact. It's not material,
but a bit of a headache for them.

Speaker 8 (08:52):
They will, as I guess other manufacturers will look to
implement workarounds, so maybe divert production to Vietnam. The issue here, Mike,
though I've been thinking about this a bit, is if
you're running a big business at the moment hasn't impacted
by this.

Speaker 5 (09:05):
What do you do?

Speaker 7 (09:06):
How do you plan for this? Because you don't know how.

Speaker 8 (09:08):
Long these tariffs will last, You don't know how are
they going to be applied elsewhere? You know, and we've
seen this overnight with the with them he's talking about
reciprocal tariffs, which we all thought were imminent, and now
he's saying they might not be around for months. So
really tough environment to plan in.

Speaker 2 (09:24):
My He's got a seven am press conference our time,
so we'll stand by for that. What are the numbers?

Speaker 8 (09:28):
So, Mike's have bounced back and somewhat on the back
of the fact that those reciprocal tariffs don't appear to
be coming. In dal Jones forty four, four hundred and
seventy seven, it's up quarter of a percent or good
s and P five hundred, up half a percent six
o eight one, and then a stack up point eight
of a percent nineteen thousand, eight hundred and eight overnight
the foots he lost just under half a percent eight

(09:50):
seven sixty four. The nick stormed up almost five hundred
points one point two eight percent thirty nine four hundred
and sixty one sharing how Composite was down fourteen points
three three three two. The Australasian markets yesday were boring.
The A six two hundreds up five points eight five
three nine, and the X fifty was down eight points
twelve nine hundred and five. Kiwi dollar point five sixty

(10:12):
five oh against the US dollar against the ossie point
eight nine eight oh. Against the europe Yeah, I know
it's under under ninety cents, so that's notable.

Speaker 7 (10:22):
The euro point five to four one eight. Also, we're
quite weak against the pound point four five one one.

Speaker 8 (10:29):
The Japanese n eighty six point five one Goldough continues
to be a rock star two thy nine hundred and
thirteen dollars and brankrew seventy five dollars and two cents.

Speaker 2 (10:38):
The have a Greade Weekend mate jmi Well dot co
dot NZ The Good People Asking Andrew callaher leads the team.
Sony good news. They've raised the forecast per annual operating profit.
What's going well for them? PlayStation five is the answer console.
In the December quarter they sold nine and a half
million of them, so they're going gangbusters. Six twenty, during Newstalk.

Speaker 1 (10:59):
Seven the Vike Asking Breakfast Full Show podcast on iHeartRadio
powered by the News, talks at.

Speaker 2 (11:10):
Be mentioned NATO miming to go. They're asleep at the
wheel as usual, so Trump rolls and talks to Pertin.
Chats are on. Everyone goes, well, what's happening here? In Zelensky,
who seemingly yesterday after the phone call with Trump said
hopefully we can make a deal, has suddenly also worked
out this morning. He's probably not even at the table.
So things are getting really interesting. In terms of the
world order, hig Seth is still in Europe.

Speaker 13 (11:31):
We can talk all we want about values. Values are important,
but you can't shoot values. You can't shoot flags, and
you can't shoot strong speeches. There is no replacement for
hard power.

Speaker 7 (11:50):
As much as we may not want to.

Speaker 13 (11:52):
Like the world we live in, in some cases, there's
nothing like hard power.

Speaker 2 (11:56):
He takes keeping it simple to a whole new level,
doesn't he Mike In regards to op shops not taking
in goods and possibly a sign of things improving, I
believe people, including myself, are not shopping in these places
due to still struggling in money being still short. Well,
how come there are so many Sonny PlayStations being sold?
I mean, you coun't not afford second hand clothes and
then still by Sonny PlayStation. I'm one of the many
who have this. For this reason, stop shopping as frequently

(12:19):
in charity shops. Mike aftered a desirable christ Church apartment
free for at least six months to the Sallies and
the City Mission. I had to phone numerous times and
they finally told me they had no one appropriate, so
it remained empty for a year. Mike breaking news, New
York Jets have informed Aaron Rodgers they are moving in
a different direction for twenty five twenty six. The Rogers
story is interesting. Aaron Rodgers is very interesting one. He's

(12:41):
got to work out whether he wants to keep playing,
and if he does want to keep playing, where's he
going to go now. He's not going to have a
problem landing a job. Someone's going to pick him up, obviously.
But he's one of those sort of finickny guys who
might be a bit of a pain in the arse,
and a certain regime so anyway, we'll see where that goes.
Speaking of which, six twenty.

Speaker 1 (12:57):
Five trending now jamis warehouse, the home of big brand frequence.

Speaker 13 (13:02):
Yeah.

Speaker 2 (13:03):
One of the questions in the NFL post the Super
Bowl was what's going to happen to Travis Kelcey, now
the famed tight end for the Kansas City Chiefs. So
what's he gonna do? Is he gonna retire? He took
to his podcast with his brother Jyson. Jason had the
same dilimma about a year ago. Anyway, give him the speculation.
The podcast has of course gone straight to number one.

Speaker 14 (13:22):
Going into the game, I felt as confident as I
ever felt, you know, for a bunch of reasons that
just it just didn't happen. Man, it just wasn't our day.
Couldn't find a lick of momentum. I'm kicking myself for
some of the tiny, tiny decisions I made on the field,
trying to do something more than what I was asked
to do during plays. I wasn't the best leader that

(13:45):
I could be. It's a tough pill to swallow. Man,
to have it happen for the second time in my
career on the biggest stage.

Speaker 3 (13:51):
Man It's a.

Speaker 15 (13:51):
Tough pill to swallow.

Speaker 3 (13:52):
It's hard reality.

Speaker 5 (13:53):
Man.

Speaker 14 (13:53):
This sport can humble you so fast. He can shoot
you to the moon and it can bury you.

Speaker 3 (13:59):
Man.

Speaker 2 (14:00):
Nothing beats hard power. So is he retiring?

Speaker 14 (14:04):
I know everybody wants to know whether or not I'm
planning next year, And right now I'm just kicking everything
down the road. I'm kicking every can I can down
the road and I'm not making any crazy decisions.

Speaker 2 (14:16):
What's Taylor's seeing him? I'm kicking every can can down there? Hey, listen,
I got I got major issues. So the Barry Humphreys
auction at Christy's in London is on now right now.
I ran into some trouble late yesterday and I'll explain
that if and when I get time. The prices are

(14:38):
an issue quite apart from anything, because they're in pounds
and you need seven thousand New Zealand dollars to buy
one pence. As far as I can work out anyway,
some of the lots I'm after are coming up shortly
as in now, so if i'm not back after the news,
you'll know what's happened to me. But I'll give you
some numbers and what some of these things are going
for and I'll get your advice on whether I should

(15:01):
bid in some of the later lots. Anyway, that's after
the News, which is an ex spirit news talks.

Speaker 1 (15:05):
Edby setting me agenda and talking the big issues. The
mic Hosking breakfast with the range rover villa designed to
intrigue and use togs dB well.

Speaker 2 (15:15):
So how this started was no one's a bigger fan
of Barry Humphreys than I am, and I got lucky
enough to meet him a couple of times. I interviewed
him many times over the years. I think he's a genius.
So there's an auction coming up Poster's death, organized by
his family raising money for charity. Some paintings he did,
some paintings he owned. He was a great collector of
all sorts of interesting and eclectic work. He's selling off

(15:36):
this morning some of day Medna's glasses and dresses, and
there are sketches and caricatures, all sorts of interesting things.
I thought, I know, I'll have a crack. So I've
been thinking about this all week and boring you witless
with it as we've had the build up, and I
went last yesterday afternoon to place a couple of absent bits,
because the thing started at eleven thirty last night, New
Zealand time, and I thought, I'm not staying up for this,

(15:57):
so I'll put a couple of absent bits in and
we'll see how we go. I couldn't do it. They
closed off absent bids eight hours before the auction started,
so that was my first thing. So asigned from Heaven.
I went to Katie. I said I can't get a bid.
She goes, will you be depressed? And I thought, will
I be depressed? I'll be moderately depressed, but I'm not
going to let it ruin my weekend. Came into work
this morning. The auction's still going, so the thing's been

(16:18):
going for hours and hours. Now's about two hundred and
fifty lots. Two of the things I was interested in
were early in the auction. There were two paintings he did.
Now he's not a great painter, but to own something
from Barry Humphreys I thought would be fantastic. There was
a thing called garden View and Tuscany Matthew Spender and
Maro Gorky's house now Matthew Spender's son. Anyway, the estimation

(16:38):
was three to five thousand Great British pounds. I probably
shouldn't say this out loud because my wife will be listening.
She goes how many anyway, So I turns out didn't
really matter because what they thought would go for three
to five thousand Great British pounds went for twenty seven,
so the estimate was hopeless. Second one I was interested
in was a painting by Humphrey's called will Penna. They

(17:01):
thought it would go once again between three and five
thousand British pounds. It went for forty five. So things
just absolutely out of control.

Speaker 16 (17:09):
And they quite knew at this.

Speaker 12 (17:13):
That.

Speaker 2 (17:14):
Somebody asked me that there do they know what they're doing?
I mean, there hasn't been a Humphrey's painting out there
because he's not a known artist. Obviously.

Speaker 16 (17:21):
Is this like forecasting the weather or the economy?

Speaker 2 (17:24):
Probably very similar. Anyway, they're up to a lot. What
are we up to? I can go live to Christie's now.
They're up to lot two hundred and eleven. There's a
couple of things coming up to twenty six I'm interested in,
and I'm going to have a bid as long as
I'm not on are at the time, because that's then
going to get really embarrassing if I'm bidding on ear
while I'm trying to do an interview. But I'm going

(17:44):
to see if I can't get something before the end
of the program. Twenty one minutes away from seven, Richard
Arnold shortly on Ukraine and the whole world imploding. Got
some veggie trouble back home though, the horticultural industry warming
warning of a potential food security christ which resource management
reforms the issue here the vejies New Zealand chair as

(18:04):
John Murphy, of course, who was back with us John morning,
how much of this is all pre release hype and
you're rounding up the troops and going what pull up
versus stuff that's actually happening because this reform is coming
through eventually, isn't it.

Speaker 17 (18:20):
It is coming, But make the mistake about it. This
is an issue right now. Our growers in areas such
as hoot of Fennel and other key areas face the
real prospect of a over zealous local authority official pulling
up the driveway and saying don't grow there anymore, and

(18:40):
that would have a massive effect on bit to exployer.

Speaker 2 (18:44):
And his ing, which is not good No, this is
the Horizon Council you speak of. This is in Palmerston North.
Having said all of that, how much of this is retrospective?
In other words, they've discovered a problem or there's some
sort of scrap over the current laws versus what may
well come to pass in the reform.

Speaker 17 (19:01):
Well, I think it's important to note that this is
the key time as the reform is happening, and we
still don't have a commitment that recognizes supply of free
healthy food as part of the new rama. We need
that needs to explicitly be in there as a priority,
and it is deustrates for our growers. And that's why,

(19:25):
to his credit, we've seen Shane Jones suggests grandfathering of
current consents because it is urgent now. The reason he's
done that is that he trusts our growers and he
should we grow well, and we have assurance schemes that
prove that he's.

Speaker 2 (19:43):
On your side. I get all of that. Part of
the problem correct me. If I'm wrong, would be if
it becomes too hard you're growing your letters and brassicas
and all that sort of stuff. If someone comes along
and causes trouble, you just go, don't worry about it.
I'm out. I'll sell the land converte something else. Is
that how it works?

Speaker 17 (19:58):
Yeah, that is a very real prospect. The burden of
regulation is just massive here. And I think you heard
the Prime Minister talk about barnacles on the boat slowing
us down through there in the week, which we all
had a bit of a laugh at. But this is
in a barnacle and the boat slowing us down as
a hole in the boat. The boat sinks, Growers are gone.
It is not the vegetable supply there.

Speaker 2 (20:19):
All right, Well, I wish you, I wish you the
best weather. John will stay in touch and see where
it goes. I'm moderately confident people like Shane Jones seem
to get it. John Murphy, who's vegetable New Zealand chair.
By the way, the tractor thing. Update on the tractor
Because you won't have been watching parliament, Katie said to
me the other day. She says, this is pathetic. I
don't know if she was referring to the Parliament or me.

(20:39):
I think it was the Parliament. She goes, you will
be the only person watching this, and I thought that's
probably true. But a gem came out yesterday anyway more
shortly eighteen two.

Speaker 1 (20:52):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (20:57):
It be Austria is a shamble politically. You remember they
had the election. We alerted you to it at the time.
They've been trying to put together a government that fell
apart yesterday. So I'll work you through the detail of
I get a chance, Mike, good luck with the auction.
Were you very kind? Thank you so much. We're about
ten lots away from what could be a life changing
moment for me.

Speaker 18 (21:13):
Six forty five International correspondence with ends and eye Insurance,
Peace of mind for New Zealand Business time.

Speaker 2 (21:20):
Rick and Arnold, good morning.

Speaker 19 (21:21):
We both to have had millions of books as near.

Speaker 2 (21:24):
He's got a lot of books and the books are
going for huge money. And he's got some interesting paperwork
and letters and stuff like that. If you want some glasses,
some of Dame Edna's glasses, Richard, just give me the
word and I'll lum bid on your behalf. No problems
at all. I think I'm fine, Okay, no worries. Where
are we at with this Ukraine, Russia, US, NATO?

Speaker 19 (21:44):
Well, the question is Ukraine being sidelined by Trump. Ukraine's
president Zelenski is not saying so directly, but he is
saying it is quote not pleasant that Trump called Putin first,
asserting the start of peace negotiations of some sort of.
Zelenski's saying also that Ukraine will not accept any peace
effort without the Ukrainian's direct involvement. This while Trump has
been disrespectful towards Zelensky's when Trump was asked this particular question, is.

Speaker 7 (22:11):
An equal member of this peace process?

Speaker 3 (22:16):
It's an interesting question. I think they have to make peace.

Speaker 19 (22:20):
Peace on whose terms. Of course, Trump's dealings with Zelensky
started off kilter when Trump sought to withhold weapons unless
the Ukrainian leader agreed to back up fake stories about Biden.
Since then, a number of Republicans have pulled their political
backing for Ukraine. This ninety minute Trump Putin telephone.

Speaker 12 (22:38):
Call was well.

Speaker 19 (22:40):
It seemed to be all about authoritarian leadership.

Speaker 20 (22:43):
And Trump says, are we dealing with President Putin largely
on the phone, and we ultimately expect to meet. In fact,
we expect that he'll come here and I'll go there,
and we're going to meet.

Speaker 19 (22:54):
So this is a major shift with the prospect of
Trump and Putin meeting first in the Arabiate seems at
a time yet to be announced, and then perhaps Putin
visiting the White House or Trump in Moscow. As for
Ukraine's Zelensky and the possible enforcement of pro Russian concessions
on Ukraine concerning.

Speaker 20 (23:14):
The war, why he's he going to have to do
what he has to do, But you know, his poll
numbers aren't particularly great.

Speaker 19 (23:22):
Germany has protesting what they call quote regrettable Trump concessions
to Putin even before any peace negotiations can begin. In
Brussels at NATO, the once Fox Weekend co host now
US Defense Secretary Pete Heagsens has delivered some other slams
towards Ukraine, saying there can be no return to pre
war borders. Then he said also.

Speaker 13 (23:44):
The United States does not believe that NATO membership for
Ukraine is a realistic outcome of a negotiated settlement.

Speaker 3 (23:54):
Instead, any security.

Speaker 13 (23:56):
Guarantee must be backed by capable European and non European troops.
If these troops are deployed as peacekeepers to Ukraine at
any point, they should be deployed as part of a
non need omission, and they should not be covered under
Article five.

Speaker 19 (24:13):
That is no requirement that an attack on one NATO
member would involve all of them. I eat no American
troops for Ukraine. Hexseth was asked if this means Ukraine
has been cut loose, if Ukraine is being betrayed by
the United States.

Speaker 1 (24:27):
He said no.

Speaker 19 (24:28):
The core between Trump and Putin as the first confirmed
conversation since Trump went back to the White House. Any
direct meeting would be the first between the US and
the Russian dictator in about thirteen years. So a new
era at a time when authoritarian leadership is looking it
seems to expand control of other's territories. Ukraine, Taiwan, Gaza.
No comment on the Trump Putin contact by Beijing.

Speaker 2 (24:50):
Trump's up at seven o'clock this morning on tariff, so
we'll watch that with interest. This inflation read this week.
Are we a bit worried?

Speaker 19 (24:57):
I think so. Inflation was seen, of course by many
as key issue in the Trump election when Trump promised
to deal with inflation from day one of his.

Speaker 21 (25:05):
New term, parting on day one, we will end inflation.
We will end inflation, and we will make America affordable again.

Speaker 19 (25:13):
Well not happening. Inflation has going more significantly than it
has in recent times. This race is concerns about the
high level of interest rates, with the Boss of the
Fed saying they have no thought of cutting interest rates
in the immediate future. That is being felt sharply by
American consumers.

Speaker 10 (25:28):
I'm very concerned.

Speaker 11 (25:29):
I'm already seeing price differences in their things like coffee
and eggs, pet food.

Speaker 19 (25:34):
Even it is not only consumers who are worried by
all this being exacerbated by Trump's threats to impose those
hefty tariffs. He says such tariffs would be devastating. The
boss of Ford says that US carmakers would really be
hit badly by a quote windfall for Asian and European
carmakers that Ford boss says he is contacting lawmakers on

(25:59):
Capitol Hill about that. He says, quite, let's be honest,
a long term twenty five percent tariff across the Mexico
and Canadian border will blow a hole in the US
industry that we have never seen.

Speaker 2 (26:11):
Enjoy week and mate, we'll see you monday. Apreciate it
very much. In fact, yeah, they're talking about total chaos
and the carra industry they've worked out or benchmark have
worked out. Because of course all the parts or a
lot of the parts and bits and pieces come from
Mexico and Canada. A new car would cost on average
five seven hundred and ninety dollars more than it does currently.
Night Away from seven.

Speaker 1 (26:31):
The make Hosking Breakfast with Bailey's real estate news dogs.

Speaker 2 (26:35):
They'd be bikers, navid willing to knob shopper. Auckland stores
are far too curated. They're full because there's cynical view
of customers. Interesting take on it. Austria, why has it
fallen apart? So the Freedom Party, they're what you would
loosely call the far right. It's ended attempts to form
the latest coalition. They were talking with the OVP, the
Conservative People's Party, several weeks of heated negotiations. Second time

(26:58):
they failed since September the election. So you moan about
the talks back in this country, I mean you ain't
seen nothing yet. OVP first attempted to form a three
party Social Democrats are the Liberal NEOs, then a two
party with the Social Democrats. Both of those fell apart,
so the Freedom Party is unable. They won the election

(27:19):
of the most popular party. They won the election, but
they're unable to form a government, so no one knows
what happens next. So it's all very well to move
to the right and select people. And you know we've
seen this in several countries. But if no one wants
to work with you, no one wants to work with you,
is that democracy or not. Five minutes away from seven.

Speaker 12 (27:37):
Thes are the ouse.

Speaker 1 (27:38):
It's the fizz with business fiber take your business productivity
to the next level.

Speaker 2 (27:44):
But of good news this morning on a recent free
trade agreement at the UAE seems to be coming up.
Rosey's got a good tangible example, the Indian jeweler Malabar
Golden Diamonds. They've announced they're investing seventy five million New
Zealand dollars to expand to a hear so they are
the sixth largest jewelry taylor in the world. Last year
they expanded into Australia. They've currently got three hundred and

(28:04):
seventy five showrooms across thirteen countries. Their main bases are
of Dubai. Good place to buy diamonds in Dubai, either
that or Singapore. The chairman directly site of the free
trade agreement as the reason why they're coming here as
well as strengthening economic ties. So they're going to open
three showrooms here around the country. They're going to quote
unquote establish a presence in the region for potential further expansion,

(28:26):
and they are bullish on this one. It will redefine
our jewelry landscape in New Zealand. And without wanting to
cause a stir in the retail diamond market here, in
places like diamond in places like Dubai and Singapore, you
can buy diamonds a great deal cheaper than you can
in this country. And I know some people who do this,

(28:50):
and when you get evaluation back in this country, you
can find that the valuation comes in at something like
three times what you paid in Singapore.

Speaker 12 (29:00):
Do buy.

Speaker 2 (29:00):
So if they bring that sort of edge to the
diamond market in this country, that'll be no mean feat.
Now this pie business, I was yelling at the television
last night. I thought, this is not a lead story
the television news and the school program and they're giving
out pies today and I thought, are we honestly? Is

(29:21):
this how bad it's got? And there I come in
here and we've got an interview on the pies. Now
we've got the head of the head of the head
of the lunch service. First of all, I'm not against
a pie being given to school kids on a Friday.
Most New Zealanders eat pies. It is not the end
of the world. And if not doing pies today, they're
doing Peter Bit that's not the end of the world either.

(29:43):
So in that sense it's not a story. But I
take the opportunity this morning to talk to the head
of Compass and ask them what the hell's going on?
Is there a delivery issue? Is this going to get better?
And are we going to be able to get by
a single week without talking about the problems and school lunches.

Speaker 22 (29:59):
That's next, The breakfast show, Kiwi's Trust to stay in
the Know, the mic Hosking Breakfast with Bailey's real Estate
finding the buyers others can't use togs Head Bently.

Speaker 2 (30:10):
Seven past seven. So Supermarket's got another serf from the
Economic Growth Minister as she tried to ramp up the
competition and the sector. Nicola willis onance a third major
player and the inviters out to do a deal. The
problem was there seemed to be no real specifics yesterday.
More importantly, at the moment, we cannot find Nikola Willis
because apart from dealing with the supermarket, in the fact,
she actually said nothing other than hot ere yesterday. What
she did do of great interest to me was get

(30:33):
on what I think was an FTN Motion street Dog
electric motorcycle, and so I wanted to know about that.
So anyway, if we find Nikola Willis, no one can
find her. She's literally disappeared, which is probably a moderate
concern to the economy. Armored have thought. What did come
out which is interesting was the Treasuries released a couple

(30:53):
of numbers. Let me give you these numbers. Revenue, this
is for the last quarter. Revenue was at fifty nine billion,
which was up a little bit, so this is for
the economy, so this is good. Our expenses at sixty
eight billion, was down a little bit, so that's good
as well. But you'll notice the difference there. We brought
in fifty nine but we spent sixty eight, never a
good sign. Netcore Crown debt is one hundred and eighty

(31:16):
five point eight billion dollars in the latest numbers released
yesterday by Treasury. That's forty four percent of GDP. The
gross debt is one hundred and ninety nine billion, which
is forty seven point two percent of GDP. Our net
worth is one eighty seven point five billion net worth

(31:39):
of one eighty seven gross debt at one nine nine
Join those particular dots and see if you feel good
about that other thing that came out yesterday. Brad Elson
Olsen helped each new Zealander that's you and I likely
to end up twelve thousand, seven hundred dollars on average
worse off than forecast in the latest Treasury documents publish

(31:59):
from two years ago. What they thought would happen and
what has happened to two completely different things. Comparing Treasury's
last and most positive forecast post COVID recovery most recent forecasts,
he dealt deeper to Bradley. Cumulatively, we have lost as
an economy as a result of these two forecasts sixteen
point four billion dollars. Sixteen point four billion dollars never happened.

(32:22):
That's on average, five thousand, three hundred dollars per person.
Revisions to growth over the next two years have noted
accumulative twenty eight point three billion dollars off forecasts. This
is the money we're not going to get because we
don't think it's going to be as good as we
thought it would. Twenty eight point three billion dollars are gone.
That's seven four hundred dollars per person going out to
twenty twenty seven. That's how much trouble we are. In

(32:46):
nine minutes past seven, pasking slightly reluctant to give the
sea time. As I mentioned before the news, but PY
day at schools today, as the government's lunch program hits
seemingly a snag with the first three week delivery block complete,
providers are using today to get on top of five production. Apparently,
despite the reported teething issues, one million meals have already
been delivered, So that's the good sign. That's more than
one hundred and twenty seven thousand students each and every day.

(33:08):
A lead on the school Lunch Collective is Paul Harvey,
who is well, it's Paul, very good morning to you.

Speaker 5 (33:13):
Good and Mike, thank you for having me.

Speaker 2 (33:15):
Is this a cockup or not?

Speaker 23 (33:17):
Mike gets you know, we acknowledge that today in particular,
you know, wasn't part of the plan. But as you
said right up front, one hundred and twenty seven thousand
meals every day, a million meals. We're taking the opportunity
to ensure that our manufacturing and our supply chain gets
ready to ensure that this program is successful going forward.

Speaker 2 (33:36):
Are you in breach of contract?

Speaker 23 (33:39):
We're in constant conversation with the Ministry around contractual obligations,
so you know, we're very very close to them on
this meeting daily and having some very productive and constructive
conversations with them.

Speaker 2 (33:51):
Are you in breach of contract?

Speaker 5 (33:53):
We know what our contractual obligations are, Mike.

Speaker 2 (33:56):
And are you in breach of them?

Speaker 23 (33:58):
Well, in terms of our perform expectations, we know what
they are. There are one hundred percent schools on time.
We have business continuity plans in place as well, and
the program as we're going forward, you know we'll be
striving to achieve that.

Speaker 2 (34:12):
Okay, So you are in breach of contract because you're
not meeting your obligations?

Speaker 3 (34:15):
Are you?

Speaker 5 (34:16):
Right now?

Speaker 23 (34:17):
We are focusing on the meals to the kids every day,
and that's essentially the focus for today, the focus for
next week, and you know we're working closely with the
Ministry on any sort of contractual challenges around that has.

Speaker 2 (34:28):
The media run a witch hunt on you.

Speaker 23 (34:31):
You know, we're aware of the media conversation, But Candidy Mike,
I'm just focusing on what we need to do right
wherever as a collective. You know, we are signed up
to this responsibility. It's a privilege a candidate about serving
kids every day, and we've got to get it right.
And there's some things that we have not done well,
and we're getting those things right. We are now moving

(34:51):
into some better on time deliveries to school this week.
We're in the mid nineties, close to the high nineties.

Speaker 5 (34:59):
It's not a one hundred.

Speaker 23 (35:00):
And that's why we're continuously improving our systems and our
processes and we've got to get it right.

Speaker 5 (35:06):
So I'm aware of the noise, but.

Speaker 23 (35:09):
I know what we need to do to execute what
we need to do.

Speaker 2 (35:11):
Anything I criticize you on as delivery, the bitching that's
gone on about the distribution and the business of they
can't access it because they can't break the cell Offhane,
all of that stuff, that's just nonsense. Why can't you
deliber on time?

Speaker 23 (35:25):
We've essentially when you're mobilizing one hundred and twenty seven
thousand meals every day.

Speaker 5 (35:31):
You need every part of the system to work.

Speaker 23 (35:33):
Minutes matter, and we've found along the way, you know,
we're losing some time. We're putting in place more labor,
putting in place more trucks, changed our dispatch model, and
from where we were where we are now at the
high nineties. We're still twenty odd schools probably a day
out of the four hundred and forty nine that we're
not getting to schools on time. We're communicating proactively every

(35:54):
day with our team to.

Speaker 5 (35:56):
Ensure the schools aren't disrupted because we acknowledg that.

Speaker 23 (36:00):
But we've got to get to one hundred percent and
that's what I look forward to celebrating when we do.

Speaker 2 (36:04):
Did you to put it crudely, shoot your load? You
saw a contract worth millions and you went and robber's
dog three dollars a meal. Can't go wrong. It has
gone wrong. You got too excited. Basically, no, not at all.

Speaker 23 (36:16):
The Collective is a collaboration of some amazing supplies manufacturers
and partners that care about ensuring that Ourtomochiqua and our
kids get meals every day. So this was never around that.
This was about us taking what we found was a
very important topic. Food for schools so the kids get
the education they deserve. So this collective is an amazing

(36:36):
bunch of people that you know is going to get
it right.

Speaker 2 (36:39):
And a forward to Okay, cool, second three week block.
You'll come back on this program and you'll give us
the good news that it's all gone well.

Speaker 5 (36:47):
Yeah, I look forward to sharing that.

Speaker 2 (36:48):
My fantastic We'll catch up then, Paul Harvey, who is
the lead in the School Lunch Collective. This morning we've
found Nikola Willis. She's alive and ready to open supermarket.
Shortly fourteen past the.

Speaker 1 (37:00):
Like asking Breakfast Full Show podcast on iHeartRadio, Howard By
News Talks.

Speaker 2 (37:05):
That'd be boks it be sixteen past seven, Mike, My
wife is a teacher at a school that gets lunches.
The kids will be absolutely ecstatic about getting a pie today.
Of course they will. There's been a coordinated between the unions,
the teachers and the media. There's been a coordinated pileon
over half of this program. No, it's not acceptable not
to have those lunches turn up on time. But as
for the rest, I mean, wake up and stop pitching now.

(37:27):
Seventeen past seven, think the good lord, we found Nikola Willis,
Economic Growth Minister. Good morning to you.

Speaker 24 (37:32):
Good morning. Make sorry, don't no, don't apologize.

Speaker 2 (37:35):
I was worried that you took that ft in motion
street dog home and then you fell off it and
you couldn't join us this morning.

Speaker 24 (37:42):
I was very tempted.

Speaker 11 (37:42):
I tell you, it was great.

Speaker 24 (37:43):
Fun was around on that thing.

Speaker 2 (37:45):
Now, good stuff? Was it all?

Speaker 3 (37:46):
Nois?

Speaker 2 (37:46):
No action yesterday? Did you yet again reiterate and fair
enough that you want another supermarket? What actually did you
give us by a way of tangible help to get
them here?

Speaker 12 (37:55):
Well?

Speaker 24 (37:55):
Look, I think the difference in approaches. I think the
best way for all of this to be resolved isn't
with more codes and regulations and Commerce Commission reports. It's
actually a new entity opening its doors. It's a private
sector player saying I want to take on the New
Zealand supermarket scene.

Speaker 12 (38:15):
Now.

Speaker 24 (38:16):
I think there are things the government could do that
would make it easier for a private sector player to
enter the scene, because we know from talking to those
who have thought about it in the past that when
they went to do it, they said, well, look, I've
got the Overseas Investment Act, I've got the resource Management Act.
It's just about impossible to find sections that haven't been
land banked. I'm worried about predatory pricing. There's all of

(38:39):
these issues. Those are all issues that the gout sort
could reasonably sort. So all I see yesterday was let's
bring that on. And we are a government who will
be incredibly facilitative if a private sector player wants to enter.
And I do know there is some interest out there,
so it was worth saying.

Speaker 2 (38:56):
Okay in the same week that McDonald's couldn't open an
outlet and want I mean, come on, is it real
or not?

Speaker 24 (39:02):
Well, this is why, of course we're replacing the Resource
Management Act. This is why we've put the fast track
legislation in place. And look, that was a decision which
really surprised me. I love Wonka, it's an amazing place.
But seriously, guys, it's just a McDonald's exactly.

Speaker 2 (39:18):
So is it possible? Two part question? And this is
my argument, is it possible? As much as you may
want something, we are a tiny nation at the bottom
of the world. It's only five million people. We can't
have two or three yearlines. We can't have eight or
nine banks, we can't have three supermarkets we're just too small.

Speaker 24 (39:34):
Well, no, we do have choices about that. We don't
have to accept that there are only two major entities
in the market. Of course, in the past, Mike, we
had many more supermarkets that were actually competing against each other.
And that was the point I made in my speech.
What we've let happen is we let them all merge together.
We let them be acquired and turn into these two

(39:55):
mega supermarkets. That was a choice for us, and actually
commerce commissions in some parts of the world to have
said no to that.

Speaker 2 (40:02):
I just gave out the Treasury numbers that came out yesterday.
What a bleak, bleak scenario we have.

Speaker 24 (40:11):
Well, look, we're on track, is what that six month
update shows. And I know that's a small thing, but
remember so many months now the forecasts haven't been coming
in on track. So we're on track. And look, we
do have a plan. That means we will get the
books back in balance, that means we will start paying
down debt. But it is a hard road. The after

(40:31):
shocks from COVID were actually pretty massive, both in terms
of inflation, interest rates spiking up, massive damage done to
our economy because of the response that we had and
that's just reality and New Zealand just needs to get
on and deal with it.

Speaker 2 (40:46):
How much was that street dog? You might had?

Speaker 24 (40:49):
Twelve thousand dollars worth it? I loved it. Now I
don't have that twelve thousand dollars for that thing, but
if I did, I.

Speaker 12 (40:57):
Would go for it.

Speaker 24 (40:58):
It was great fun to endorse products or services under
the Cabinet Manual. So a motorbike like that would be fun.

Speaker 2 (41:06):
Okay, good stuff. Nice to see it. Nicola Willis, Finance
and Economic Growth Minister. It is seven to twenty.

Speaker 1 (41:13):
The mic Asking Breakfast Full Show podcast on iHeartRadio, power
by News Talks EB.

Speaker 2 (41:21):
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(42:28):
Little piece of news and current events that is more
popular than a three betty with sea views on Gaza strip.
The New Zealand economy six real signs of life this
week Apple from peascrast through a billion red Meat, big
gains outside China. Westpac forecasting more growth later this year.
The real estate signs have turned around and JB hi
Fi profit through the roof the golden Visa seven not
a panacea, but a good, solid, tangible start that's been

(42:50):
begging to be triggered now. The Foreign house band lift
seven not a panacea, not officially even announced yet, but
the same logic as the visa replies Trump eight.

Speaker 5 (42:59):
Well that's a yes.

Speaker 2 (43:01):
There is carnage, mayhem, fury and noise, but on balance
it is spectacular watching and talk about get stuff done.
Fluoride too stupids debate of the week. Councils already snowed
under with work costs and competence, take on a ministry
without a leg to stand on legally and waste everyone's
time huffing and puffing Macas two the second stupidest debate

(43:23):
of the week. We either want jobs and growth or
tax paid or we don't. Are the super Bowl eight
a record audience after a record season. That is how
you run a sport. Inos three, I mean the ineos three.
Give me something, Glen, give me something. There we go.
The fine detail will be dealt with eventually, of course,
but rugby counting to buy a break at the moment
can they sam Kerr three should never have been in court.

(43:45):
She also might have thought about, you know, being such
a pratt. Same applies, by the way to that soccer
nonsense currently in court in Spain Huntley and its extension eight. So,
of course party come to Jesus realization, eh, that the
renewables dream ain't the slam dunk transformation. They thought it
might be. The War six. It's as good as I either.
Russia will get some land, Ukraine will get some guarantees

(44:06):
about invasions, America will get some bits of chips. Job
done the other War four peace deals in the Middle East.
Never asked why was this one going to be any different?
The Warriors six haven't lost a game all year? Have
you noticed? It's an interesting stat have not lost a
game all year? And to be honest, look better than
the reviews made out and you know it. That is

(44:28):
the week copies on the website. And it was confirmed
this week that writers of the segment have always used
plastic straws husky I missed out.

Speaker 15 (44:36):
Oh my god, ten thousand? What's good now?

Speaker 25 (44:40):
If you want it a ten thousand, we're going to
sell a ten thousand.

Speaker 2 (44:43):
I want this one hammer down This is John.

Speaker 15 (44:48):
Three four one two for ten thousand.

Speaker 2 (44:52):
This is a caricature of Barry Humphreys as Les Patterson.
This was one of the ones I wanted. They said
between was it two and three hundred pounds, three and
five hundred pounds, three and five hundred pounds. I thought,
I'm in with this three and five hundred pounds. How
hard can it be? Just sold for ten thousand? So
the next lot is one I also want. They reckoned
it's between three and five hundred pounds. Want known it's

(45:16):
nine hundred.

Speaker 25 (45:17):
Eight hundred, nine hundred, one thousand, give eleven hundred, no,
one thousand pounds of me.

Speaker 15 (45:22):
Well, not with me, with the bitterer in the book.

Speaker 2 (45:24):
I'll let you know what happens after the news, which
is next the news talks. There'd be.

Speaker 1 (45:30):
Your source of freaking news, challenging opinion and honored back
the Mike Hosking Breakfast with a Vita Retirement Communities, Life
Your Way News togs hed.

Speaker 2 (45:40):
B twenty three mins away, make two and KD. After
being a Friday, of course, The New Zealand Economic Forum,
this year, being held at wake out of University, brings
together a bunch of heavy hitters and big brains. The
focus this year is on economic constraints, future challenges and
emerging opportunities. Former Australian pay Minister Scott Morrison is your
star of the show and he is well as very
good morning to you.

Speaker 5 (45:58):
You get a Mike, let's to be with you again.

Speaker 2 (46:01):
It's great to have you on the program. Are you
reveling in life post politics?

Speaker 4 (46:06):
Yes, you know, there is certainly life after politics. It's
wonderful to have that opportunity and very grateful for it.
But from a family and otherwise point of view, it's
a very nice life on the other side.

Speaker 2 (46:21):
Noah, I know you're traveling because I saw a photo
and I can't remember whether it was post Christmas or
pre Christmas, but it was with the new president at
Marri Lago. So you've been with him.

Speaker 12 (46:29):
Yeah, yeah, we were down there.

Speaker 4 (46:31):
Jenny and I were down there on New Year's Eve
at Mari Lago, which was great to see him again
and the first lady of course, and had done a
while since Jenny and she had caught up, but that
was love to see them reunited.

Speaker 2 (46:44):
What are your observations of him so far?

Speaker 4 (46:46):
I'm not surprised. I mean He is a disruptor, and
that's not a bad thing when you're trying to change things.
And he's an unorthodox politician and he's playing to form
and there's a lot he wants to get done in
a very short period of time, and he's getting about it.
And the way that he does things, now, you know
that's not what people are used to, but that's sort

(47:07):
of the point.

Speaker 2 (47:08):
So give us an insight into this work ethic. I mean,
he works all day.

Speaker 4 (47:13):
How does he do it well, It's hard to know.
I don't think it's just a coke and the hamburgers.
It's any number of things. I think it's the disciplines
of a lifetime. But you're right, he's always full of energy.
He loves what he's doing. He's very motivated by it,
and he's totally invested. And he's one of those characters
that I mean, he'd be like that if he was
running the country, running his companies, or anything else he

(47:35):
was engaged in. He's just that type of a guy,
and that creates a lot of energy. I think around
his ministration and you've got all of his advisors and
the secretaries of state and so on.

Speaker 5 (47:46):
Who frankly running as hard as they can to keep up.

Speaker 4 (47:48):
So he's out there leading by example.

Speaker 2 (47:51):
And what do you make of the tariffs? And how
do you handle these things? I mean you've been there before,
of course.

Speaker 4 (47:55):
Yeah, well, you're just going to make your case. I mean,
what often happens with a number of these initiatives is
you know, there's a general sort of position and he
moves and then if there are things to modify or
moderate or fine tune along the way, then that's what
they'll do. And we've already seen that in the case
of Mexico and Canada. Our government, wiston well, is full

(48:18):
support bipartisan to secure the same exemptions that we did
last time on two occasions.

Speaker 12 (48:24):
And that was done.

Speaker 4 (48:25):
What I know about the President is, you know he
will hear a good argument from people who you know
aren't passengers. And there's one thing he doesn't like. It's
where a relationship is, where the US is carrying and
everyone else is riding on the back. Now, you know,
I always used to say about the relationship with the
US on security, and I've said it on the White

(48:46):
House lawn. We look to the US, but we don't
leave it to the US.

Speaker 5 (48:49):
We do our part.

Speaker 4 (48:50):
We carry out our share of the relationship and that's
who gets on best with the US.

Speaker 2 (48:56):
So that relationship with Australia, how's that gone so fast?
That they've had the phone call with Alban easy Miles
has gone and talked to Orcus with his Keith and
handed over a fairly large check. Penny Woeng was at
the inauguration. Are they all good science?

Speaker 3 (49:09):
Yeah?

Speaker 4 (49:09):
Look they are and it's early days. The Orcus announcement
I wasn't surprised by because I never thought it was
in any doubt. I'd spoke to him last May when
I saw him in New York. So you know, sometimes
a bit of mediusia builds up around these things. It's
because someone doesn't confirm something, they assume that they're opposed

(49:31):
to it. No, they're just not talking about it. And
so I think it was totally on trajectory for them
to do that. And what was announced in terms of
our investment, well that that was part of the plan
from a long time ago, so you know that was
just in a form taking its route. But no, I
think it was good. I'm pleased that people were there
at the inauguration. Penny was there, and I think the

(49:54):
relationship with Excess and Richard Marles is a very important one,
and I think Richard has applied himself strongly to to Orcus.
But you know, from here on in, I mean it's
too early to tell on the leader level engagement. There
just hasn't really been any of any great substance yet.
So you know, you've got to work through a few issues.
You've got to deal with a few problems. I mean,
we had many many calls when I was Prime ministers

(50:14):
did my predecessor, and you talk about a lot of
different things, and you've got to work through those challenges
together and share a like mindedness. And that's not always
I mean for us it was, you know, we're sort
of politically of the same feather. But you know, similarly,
I used to deal with President Biden and you know
we are actually signed aucus under President Biden, started under

(50:36):
President Trump, but yeah, it was it was concluded under
President Biden.

Speaker 2 (50:39):
You're of course part of a company these days with
Mike Pompeo, who's an investor in Orcus. So are you
as passionate about that as you ever were? And will
it come to fruition and will it be a good thing?

Speaker 4 (50:50):
Yes, yes on all counts. And I'm also now working
as vice chair ever think called American Global Strategies, which
is chaired by Robert O'Brien, who was the President's National
Security advisor the first time around. And you know, we're
very involved in trying to support all of those things
around Aucust. And whether I'm here or in New Zealand
or in the UK where I've been next week, or

(51:13):
the US, you know, you've got to keep tending to
the garden on this and I'm pleased that. Well, you know,
there's been change of governments. I wish one hadn't changed
the barn part, but you know that happens in politics.
There's one that's changed in the US, there's one that's
changed in the UK since the founding partners put it together,
and it is just it has been stronger than it

(51:34):
was then, and I'm pleased about that. It's beyond partisan politics.
And that is the thing that I think concerns you know,
potential adveragees or advasies like China, because they know this
thing hasn't gone away.

Speaker 5 (51:46):
It has gone at cross.

Speaker 4 (51:47):
Party lines and has become part of the security architecture
of globally, but particularly of the Indo Pacific.

Speaker 2 (51:54):
Speaking of a change of government. We've got an election at
your place in Australia, have got possibly even next month.
So this story of Dutton, who seems to have come
from nowhere to be a real contender, does he stand
a chance of that?

Speaker 3 (52:07):
Fair?

Speaker 4 (52:07):
Are you certainly a contender and highly competitive? And I
think it's becoming very close to ain a coin toss
for the election, which it can be as late as May,
and if they do a budget it will probably more
likely be in May. But Peter and the team have
been united right from the outset, and to be fair,
they inherited that from Josh and I as a parliamentary party.

(52:31):
The coalition was strong, so we haven't There's been no
infighting on our side of politics, which is very rare
in the first term after losing election, and so.

Speaker 5 (52:38):
They've kept that all together.

Speaker 4 (52:39):
They steady incremental and they've just built and built and built,
and the government has got itself into a lot of
trouble by its own hand. So I can't see the
I can't see the government being returned to the majority.

Speaker 5 (52:53):
I can't see a circumstance where that happens.

Speaker 4 (52:55):
I think Peter does have the chance that lives in
the NATS have the chance to potentially win a majority government.
But you know, it's a it's a big hell to climb,
but they've been climbing it.

Speaker 2 (53:05):
Well, is it in competence that sunk labor in that sense?
I mean, you never lose after one term. History shows
us that, and yet they.

Speaker 4 (53:11):
Might well, it hasn't happened since nineteen thirty one, So
I think that says things. I mean, I think political
cycles these days are contracting compared to those times. But
that said, well, you know, governments are going to get
measured on what they said they were going to do,
and they said, you know, they make cost of living cheaper,

(53:32):
they said that energy cost would be lower. You know,
they said a whole bunch of things which I knew
wasn't true at the time and they couldn't do, but
they still said them. And I think that's left people
wondering where the outcome is.

Speaker 2 (53:44):
Of course, you're in the country to talk about economics,
which we're deeply interested in at the moment and trying
to grow the economy. So give us some advice from Australia,
particularly international investment money flowing in from overseas, things like students.
You've got huge numbers of student They bring a fortune
to the country. But there's the political aspect of it
because they take people's houses. Everyone gets upset that whole thing.

(54:07):
How do you deal with the world and foreign investment
and immigrants and their money without blowing it up politically.

Speaker 4 (54:14):
Well, it's a tough equation to balance. And the most
important thing is people need to understand that your immigration
program has strong rules and they're enforced, and that your
borders are secure. In our experience in Australia, going back
to twenty thirteen, when I was Immigration Ministry and we
had the boats charging across the waters up there and
people dying every week, people felt that the country had

(54:36):
lost control of its borders and its security and you
can't run a successful immigration program in that environment. People
just lose all confidence in it. And so you've got
to build that trust up again that the people you're
letting in the country are coming to add value, to
make a contribution, not take one. And you've got to
demonstrate what those where they be temporary migrants who are
here for studying or on skills visas or things like that,

(54:59):
or otherwise if people don't think the rules are being
followed and the systems being gained, well, you know they
won't buy it. But more broadly on attracting foreign investment,
I mean the playbook that you know I've heard set
out here in White Cato by the Finance Minister and others,
is really that similar game plan that so you can
do in the United States remove the barriers that are

(55:22):
coming through regulation, most importantly to improve competitiveness.

Speaker 5 (55:28):
It's really not rocket science.

Speaker 4 (55:32):
You've just got to focus on removing as many impediments
to investment and business activity as you can. And you've
got to get access to labor. And you know, you've
got to be able to make you quit at the
end of the day because if you don't, people aren't
going to invest.

Speaker 5 (55:44):
I'll just go somewhere else.

Speaker 2 (55:45):
That's true. It's always good to catch up with you
appreciate it very much. Go well, Scott Morrison, former Prime
Minister of Australia're always a pleasure to have them on
the program. Thirteen Away from.

Speaker 1 (55:53):
It Love Like Asking Breakfast, a full show podcast on
iHeartRadio Power by News Talk.

Speaker 2 (56:01):
Ten to eight. Here's how one of the lots went.
A couple of moments ago at the Barry Humphreys.

Speaker 25 (56:06):
I've done in two hundred. Amarelia's up and it's coming
down now at two thousand, two hundred, two thousand, two hundred.

Speaker 2 (56:16):
So that was two thousand, two hundred for an Australian
as in the newspaper cartoon of Day Midna two thousand,
two hundred, it started out at about three or four hundred.
Then we came to Don Lindsay was quite a well
known Australian cartoonist. It's quite a clever caricature of day
Midna beverage, and it was once again expected to go
between about four and six hundred for.

Speaker 15 (56:36):
The Dame at eight thousand pounds.

Speaker 25 (56:38):
Then Dido, I was selling to you, we've all done
it here on the room, online on the telephone, eight.

Speaker 2 (56:46):
Thousand, eight thousand dollars. So the one I was after
was another caricaturer of Lez Patterson. Once again four to
six hundred pounds. I could live with. That went for
ten thousand. Currently a glass went for the original designer
of her glasses, damd. His glasses was a guy called
David Cox. So an example of his they thought between

(57:08):
one and two thousand pounds went for twenty four thousand pounds.
My lot, my last lot, Lot two three seven is up.
Now I'll let you nine a moment Nie to eight.

Speaker 1 (57:20):
The Mike Hosking breakfast with al Vida Retirement communities had
been in that.

Speaker 2 (57:26):
Ad break at Paul Harvey, which I was after a
cartoon of Barry Humphreys. They said two to three hundred.
I thought two to three hundred, okay, I could go okay,
I would go to one thousand, and when it got
to one thousand, I'd go to twelve hundred. But then
this happened.

Speaker 25 (57:40):
Five thousand, five five, six thousand, six ' five.

Speaker 16 (57:50):
You were never in it, really where I was not in.

Speaker 25 (57:52):
It seven thousand, seven five it's a cartoon seven five
with Sophie on the telephone, seven thousand, which.

Speaker 16 (58:04):
For newspaper Bloody Sophie on the telephone.

Speaker 25 (58:06):
Sophie on the telephone at seven thousand, five hundred, all
done at seven thousand and five hundred.

Speaker 15 (58:13):
Then Sophie has it at some.

Speaker 2 (58:15):
Five thanks, that's me done. That's basically the end of
the auction. That was two three seven It open the
night if you missed it earlier on. There were a
couple of paintings when an idiot I was. There is
a couple of paintings I was after, and they had
it between fifteen hundred and two and a half thousand
or something like that, and one of them went for
forty thousand the whole thing.

Speaker 16 (58:35):
How about that sketch of the bumhole?

Speaker 2 (58:37):
The sketch of the bumhole? What did that go for?
I mean, to be fair, it was a relatively famous bumhole.
But to be fair, he I haven't edited it up,
but he and this.

Speaker 16 (58:45):
Is all thirty thirty five thousand pounds.

Speaker 2 (58:48):
Yeah, so seventy seventy five thousand New Zealand dollars and
then stick the auctioneers twenty percent on top of that.
He will have raised is my estimation. I'm kissing he
must be over a million pounds by now, because some
of the serious stuff, the art and the books and
the first editions and stuff went for huge money. Literally,
And this is unusual. I'm no expert in an auction,

(59:08):
but I've been to a few. It's unusual in an
auction that literally everything sells. And it's equally unusual in
an auction that not only does everything sell, it sells
for a mile above what they estimated it to be see.

Speaker 16 (59:22):
I'm telling you, instead of calling you know, the Salvation Army.

Speaker 2 (59:26):
Should it called Christie's.

Speaker 16 (59:27):
You should have called Christie's.

Speaker 2 (59:28):
I should have said, my name's Barry Humphries. And I
got some old tat stick it online and let the
rich folks go forgot so at home. The domestic scene
is all cool because I've spent not a single seent
and I had to explain nothing, and the weekend will behind. Personally,
I really wanted something of Barry Humphreys, because I cannot

(59:49):
express enough love for Barry humphreyes. But as you've just heard, sadly,
it is not to be news for you in a
couple of moments, and then we will do the week
you a newstalk cent.

Speaker 1 (01:00:06):
The news and the newsmakers, the mic asking, breakfast with
the range Rover, the la designed to intrigue and use
tog sed B.

Speaker 2 (01:00:17):
Mike, your purchase of a Valentine gift for your lovely
wife got far bit of her investment. That's probably true,
Oh dear, I got a couple of beautiful juju hats
of Mike is interested. Thank you to that. Mike is
Sophie on the phone, a pseudonym for Katie buying you
were Birthday Christmas prisoner. This is interesting.

Speaker 12 (01:00:34):
Now this.

Speaker 3 (01:00:39):
I've heard this.

Speaker 2 (01:00:40):
Woman before or this song sounds like a hit. Do
you know what I'm talking about? Her mind? Just look
at babbling to myself? You kind of that sound like
who does she selling?

Speaker 16 (01:00:53):
Because Sharon's a blondie bear? Isn't it?

Speaker 2 (01:00:56):
The Sharon Vanetton and the attachment theory Median's name for
being the attachment theory. But once again, I think I'm
continuing with the theme so far this year in each
what days do we do this Friday and Wednesdays? And
as Friday and Wednesday we do these things? I haven't
heard a single artists, not one single one this year

(01:01:18):
so far. It's another unknown person. Forty five and a
half minutes of music, ten tracks.

Speaker 16 (01:01:25):
Didn't we do the weekend last week?

Speaker 2 (01:01:30):
Who could have done? Actually?

Speaker 1 (01:01:31):
I had heard of the week good week in review
with two degrees bringing smart business solutions to the table.

Speaker 2 (01:01:38):
So we're speaking of which Kendrick Lamar. Those genes I
mentioned earlier on in the week, they're women's genes. They're
women's literal mum jeans literal mummer jeans. Tim's weathers along
with Katie. Good morning to both of you.

Speaker 12 (01:01:53):
Good morning.

Speaker 26 (01:01:54):
Those jeanes went off. Everybody was trying to buy them.

Speaker 4 (01:01:56):
Apparently not they're sold out.

Speaker 2 (01:01:58):
You can't buy them. They're sale jeans. They're a flared
surf gene in summer dazed wash.

Speaker 12 (01:02:07):
You sound like you're reading music pier.

Speaker 2 (01:02:09):
And they are twelve hundred US a peer.

Speaker 26 (01:02:12):
Well, it's cheaper than a very Humphrey's painting.

Speaker 2 (01:02:14):
As it turns out, how much could I have spent before?
You would have literally and I don't mean, oh you're
an idiot. Yeah, that usual stuff we go through, but
like before I would have like been in real trouble.

Speaker 26 (01:02:26):
Well, I was just telling Sam, I'm actually so relieved
this morning. I don't want to sound like a mean wife,
and I want you to be happy. But if you
had purchased that, but because we live together, that very
Humphrey is whatever you have is steering back at me
on our household walls. And that was quite a terrifying
concept for me. But I'm just so glad that he's
so popular that other people have snapped it up, so

(01:02:47):
you don't have.

Speaker 2 (01:02:47):
To, don't. I was on to be fair to me.
I was onto something wasn't I. I mean, you cannot look
at what's happened this morning at that auction and not
say because a lot of people went in very handprey taking.
You cannot look at that auction this morning and go
that guy hasn't got a global following of some note.

Speaker 12 (01:03:05):
That's true.

Speaker 27 (01:03:05):
You're on, You're onto something, but you totally misread the
rooms in terms of what people were going to pay,
and you put Sam under the.

Speaker 26 (01:03:15):
Pressure read for you while you were on.

Speaker 12 (01:03:20):
There's a radio show show you're putting out, not out.

Speaker 2 (01:03:25):
It's not my fault that I'm on air while they're
trying to sell something that I want.

Speaker 12 (01:03:29):
I mean, it's not my fault that I have to
go to work. This is outrageous produce.

Speaker 26 (01:03:34):
The show is here just online trying to bid at
an auction for you.

Speaker 27 (01:03:39):
Actually, this is this is this is this is a
workplace safety issue.

Speaker 12 (01:03:43):
I think pipulation.

Speaker 2 (01:03:45):
It gets worse. I was bidding under Jason's name because
the boss of the radio station, he actually got me
logged onto Christie's because I couldn't log myself on, so
he said he do it, so his address, his name,
and as it turns out, his credit rating was run

(01:04:06):
by Christie's because they've got to run a credit rating
before you are allowed.

Speaker 27 (01:04:11):
To bid, and his credit ratings in the toilet because
you've persuaded him to buy a house that he couldn't afford.

Speaker 12 (01:04:16):
So thank you very much, Mike cost Gag.

Speaker 2 (01:04:18):
Well, that was the problem. But he's still got room
to move because I tell you what happened this week
as Paul went cloudy, and so I talked him into
going into automation because his Paul system is not automated,
and I said, you've got to go automation. So he's
going automation. But the good thing is I know he's
got room to move because Christie's ran his credit check
and he gave him fifty thousand pounds credit limit, so
he's got one hundred thousand to move with. So he's

(01:04:40):
got a new house. He's going to have an automated Paul.
He's still got one hundred thousand dollars to spend. He's
got a little bit of.

Speaker 12 (01:04:46):
I don't believe that. I don't believe that.

Speaker 2 (01:04:48):
Story, which is it a true story? See that story's
so outrageous. No one believes that it's.

Speaker 26 (01:04:53):
Ex of your stories aren't true. And you say them
mon here with so much gumption and with such conviction. Yeah,
And then I hear about it later in the day
they go Mike was saying, I go, no, he made
bet up. It's just so embarrassing.

Speaker 2 (01:05:06):
That hand on my heart that three is actually true.
I was bedding under Jason and Sam was okay.

Speaker 27 (01:05:11):
So, but Kate, Kate like tells when he goes hand
on my heart, has that actually is that a geigecounter?

Speaker 12 (01:05:18):
Like, you know, start to sniff a bit of inaccuracy here, No,
that's probably legit.

Speaker 2 (01:05:24):
Tell them, Katie, Okay, tell them about the Valentine experience
this morning.

Speaker 12 (01:05:29):
Oh it was very sweet.

Speaker 26 (01:05:30):
Yeah, that was very sweet. I came through to the
kitchen this morning. Yea, a lovely card and a beautiful
gift waiting for me wrapped on the bench. And that
was very sweet.

Speaker 12 (01:05:40):
I was not better.

Speaker 2 (01:05:42):
What made it good, Tim was she won on the
card front. So I got my card at two this morning.
Whose was a better card? It was a vastly superior
handcrafted card. Mine was nice, but it wasn't for him crafted.

Speaker 26 (01:05:54):
I didn't make it.

Speaker 2 (01:05:55):
No, no, not handcrafted. But it's three dimensional. It's got
stuff stuck on it.

Speaker 26 (01:05:58):
Oh yeah, yes, sir, yeah, so beautiful.

Speaker 2 (01:06:03):
My words on my words run mate, but no one
beats me for words.

Speaker 26 (01:06:07):
Yeah, you wrote beautiful words.

Speaker 16 (01:06:08):
So did you just do that for content?

Speaker 2 (01:06:10):
Yeah? Very much.

Speaker 4 (01:06:11):
Basically later, that's how I'll tell you.

Speaker 12 (01:06:17):
I'll tell you what.

Speaker 27 (01:06:17):
Why don't we wait till after the break, I'll tell
you about our Valentine's Day?

Speaker 2 (01:06:21):
Is it still going? Is it unfolding as we speak?

Speaker 12 (01:06:24):
It's it's it's a circus, but it's absolute.

Speaker 1 (01:06:33):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (01:06:38):
It be sixteen minutes past eight.

Speaker 1 (01:06:41):
The weekend Review with two degrees, fighting for fear for
Kiwi Business.

Speaker 2 (01:06:47):
Just before your story, Tom, do you want to wish
Sam a happy birthday? Kadie?

Speaker 5 (01:06:51):
Oh, I didn't know Sam's birthday.

Speaker 12 (01:06:52):
Happy birthday, Happy birthday Sam.

Speaker 2 (01:06:54):
He's fourteen today. It's fantastic and all the spriends he's
not fought fifteen one of the other ones.

Speaker 26 (01:07:02):
Actually, he's actually blessed with such youthful looks.

Speaker 12 (01:07:05):
And that was well because I was.

Speaker 26 (01:07:07):
I was shocked at how old he was when he
told me. I too, I thought he was like twenty one.

Speaker 12 (01:07:12):
I think all we're hearing from Mike is the unpleasant
sound of envy.

Speaker 2 (01:07:16):
How you know it's his youthful figure of vitality. What's
gone wrong him?

Speaker 27 (01:07:23):
Okay, so here's the deal. Our Valentine's Day started last night.
We had had a big thing. I had worked thing
last night. You were Jason or Rachel?

Speaker 2 (01:07:32):
Because he had a big work last night. Were you
with Jason? He had a big work thing list.

Speaker 12 (01:07:35):
No, it wasn't.

Speaker 27 (01:07:36):
This was this was graduation of maximum in turns. So
we had a big thing, like sixty people, sixty people
on site, et cetera. And I get a text from
Rachel going, oh, I was just going out the door.
Rachel was going to join me, and she goes, I
was just going out the door, but I think Otto's
either sprained his ankle or broken his legs.

Speaker 12 (01:07:53):
So she goes straight to White Cross with Otto.

Speaker 27 (01:07:56):
So Otto, by the way two and a half right,
he was on the trampoline.

Speaker 12 (01:08:00):
And they heard a crack and he started crying.

Speaker 2 (01:08:02):
Boys.

Speaker 27 (01:08:04):
Yeah, exactly exactly, So he's sort of getting text updates,
et cetera, et cetera. Finally the text comes through Otto's
broken his leg and so I had to bail, just
like see you guys later come home, and then we're
like putting the poor he's got a cast on one leg,
and no, no, he won't, he won't. He got to

(01:08:30):
choose the type of the type of car. So it's
like one with paw prints on it. Yeah, I'll choose
that one. But it's a it's as rough as sandpaper,
so we have to wrap something around it. But anyway,
don't get me started. So we put we put to
bed then and then we're sort of sitting there in
a daze. And then I turned to Rachel on the couch.
I say, I'm sorry I didn't get you a card

(01:08:50):
because of Valentine, because Valentine's Day tomorrow. She turns to
me and goes, neither did I I'm sorry, but that's
what love look But that's what love looks like at
the stage.

Speaker 2 (01:09:02):
I don't know if you're disorganized, because you could have
brought it on Monday when I did.

Speaker 12 (01:09:11):
Oh, you could have brought it on Monday.

Speaker 2 (01:09:13):
I say, pies, pies at the tuck shop. You had
a pie. See here's this one. I can't understand why
we're all exercised about the pies today because every single
one of us who went to a school with a
touch shop when we lined up for the touch shop
bought what we bought a Boston bun and a pie
and or chips and or a K bar and or coke.

Speaker 26 (01:09:34):
Well, your generation did because they sort of started spanning
that not long after you, after school started spanning that stuff,
and you couldn't get it. But to the guy running
the school lunch program as to what the hold up
is worth distributing it and getting it around? Have you
driven through Auckland at any point during a week and

(01:09:54):
try to get anywhere?

Speaker 21 (01:09:55):
I reckon?

Speaker 26 (01:09:56):
He needs to lay that at Simeon Brown's door and say, hey,
the cones, the bus l but just fix up the
roads and then maybe deliveries will get you know where
they're supposed to get to.

Speaker 2 (01:10:05):
Couldn't agree more. Couldn't agree more. You're old enough for
the pies.

Speaker 27 (01:10:09):
To him, absolutely absolutely, it's pies, pies, or fish and chips.
You know when you used to get fish and chips
at school? All again it's you know, I reckon this,
This whole thing. It feels like sort of like the
charter school debate in disguise, where people who don't like

(01:10:29):
the change in the schooling arrangements. Are trying to sort
of delegitimize David Seymour through the lunch program.

Speaker 12 (01:10:35):
Mm hmm.

Speaker 2 (01:10:36):
It's a pilon. It's it's basically union based.

Speaker 26 (01:10:42):
Yeah. If Smoe getn't been involved in it, anything that
touches him or as God his name attached, you can
guarantee the media is coming full throttle for it, and
they're not going to let it go, you know, They're
just going to And the problem with the media doing
that is everybody gets sick of it. It's just like, okay,
we're now over it. It's so tedious.

Speaker 12 (01:10:58):
And because Michelle is it broken? No, it was just
like I'm sorry.

Speaker 27 (01:11:04):
Okay, she was getting so worked out Michelle. Obama had
a school lunch program in the States and kids didn't
used to eat that either. And I actually we know
people who had kids that went to a school that
got the old program.

Speaker 12 (01:11:17):
Kids didn't used to eat that either.

Speaker 27 (01:11:18):
There was a thriving black market in Dorito's, Twiste's and chippies.

Speaker 2 (01:11:23):
Good on you. How are you close to it? Like
a BP or something like that, like a shell.

Speaker 12 (01:11:27):
Celtics got one up the road?

Speaker 2 (01:11:29):
What do you mean you No, not me. Would just
snip down and buy us something nice for Valentine's Day.

Speaker 27 (01:11:35):
I've actually actually I'll have you know. I booked the
restaurant on Monday.

Speaker 12 (01:11:40):
No way we are going out.

Speaker 27 (01:11:41):
Yes, I did, got a baby sit, Yeah, we've got
I book the of course I booked the What do
you think do you think?

Speaker 12 (01:11:49):
Do you think we've got We've got an eight and
a nine year.

Speaker 27 (01:11:52):
Old and a six year old looking after a two
and a half year old in a car.

Speaker 12 (01:11:54):
That's the baby's What kind of chaos do you think
we live in?

Speaker 2 (01:11:58):
All, have a good week and good luck and have
a nice night to day. A twenty one East georg zedby.

Speaker 1 (01:12:03):
The Mike Casking breakfast with the range Rover Villa News
tog zedb.

Speaker 2 (01:12:08):
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Speaker 12 (01:12:28):
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(01:12:50):
Why wouldn't your great savings every day It's the good
place to be Chemist Warehouse, Cosking. The Christie's people have
just emailed me with the total for the Barry Humphreys
off this morning. It raised four zero point six two
five million pounds, so close to ten million New Zealand dollars.

(01:13:12):
It's incredible. Oh, by the way, Speaker Jerry Browny yesterday
track to Gate speaking of David Seymour. First of all,
all the winges and the bitches in the Parliament didn't
bother writing to the Speaker this a couple of days ago.
He goes, I can't do anything if you haven't written
to me. You got to write to the speaker to
get something done. That was the big clue. So all
the moaners wrote to him the next day with the
emails gang gang, go and pick on, yeah, gage second,

(01:13:34):
do all that say? Anyway, He turns up yesterday and
he goes, I can do nothing about any of this
because this is not understanding orders. This is a criminal
matter because it happened outside on the steps of Parliament.
And we know this, he said, because this happened in
two thousand and three with Shane A. Durn when he
drove the tractor up the steps. When it happened with
Shane to Durn in two thousand and three, we also
talked about it not being understanding orders. It's criminal matter

(01:13:57):
and you could take it to the police, and they
took it to the police, and the places at the
particular point in time in two thousand and three said
this is a complete nutter waste of time and we're
not going to do anything with it. So since two
thousand and three and twenty twenty five, all the wines
in the moons have been sitting there. Have they changed anything?

Speaker 17 (01:14:12):
No?

Speaker 2 (01:14:13):
Is it still not understanding orders?

Speaker 5 (01:14:14):
Yes?

Speaker 2 (01:14:15):
Is it still a criminal matter?

Speaker 12 (01:14:16):
Yes?

Speaker 2 (01:14:17):
Are they going to refer it to the police, knowing
what they know about the police? Who knows? We'll soon
find out. But basically all they want to do is
moan and whine and bitch and peck on people and
score cheap political points, knowing full well as they should
have learned in two thousand and three, it's got nothing
to do with speaker in the first place, and it's
not a story, and he barely got up the steps,
as we pointed out. And even if the police got

(01:14:39):
their hands on it, they would do like they did
in two thousand and three, absolutely nothing, because guess what,
even then they had better things to do with their time,
and now they've got even more better things to do
with their time. Murray Old's boy. It's been a busy
week in Australia, this anti semitism thing in these nurses.
More on this shortly after the news, which is next
the news.

Speaker 22 (01:14:58):
To exceed, same as it over world.

Speaker 1 (01:15:06):
The only report you need to start your day the
my casting Breakfast with Bailey's real Estate finding the buyers
others can't use Tog's head.

Speaker 2 (01:15:14):
B Mark Rutty, who these days he once headed the Netherlands,
these days he's in charge of NATO. Anyway, who's been
giving this usual we need to pay more money, which
is so ironic because that's definitely a Donald Trump treck
who in his first term walked in. It was Stalton
Boog back in those days, but he walked into Stoltonburg.
And I'll never forget it because they captured it on
live television. It was a Friday night in New Zealand time,
and Trump just storms and it was a photo op situation.

(01:15:37):
They were supposed to shake hands and smile at the camera,
and then the cameras were supposed leave. They're supposed to
sit down and start negotiating. Trump walks in, he goes,
you guys been ripping us off for far too long.
We're paying far too much to you guys, and none
of your countries pay anything. And you promised to make
two percent and you don't and you're useless. And this
was all live and Stoltenburger just basically want to crawl
up and die under the table. So the change is

(01:15:59):
on and we need to pay more, as a percentage
of our GDP for defense. Now we're obviously not part
of NATO, but given what's happened in the last couple
of days, they're freaking out like there's no tomorrow with Ukraine, Russia, Trump, etc.
So Router's given a speech overnight in which he has
singled us out. He says it's not up to me

(01:16:20):
to advise Japan or Korea, or Australia or New Zealand
on their spending levels, but basically, if you wouldn't mind
spending a bit more now, we spend next to nothing.
We spend about a one percent of our GDP on defense,
and that can be seen when you look at our
defense force.

Speaker 16 (01:16:36):
You think, joy, it can't be seen.

Speaker 2 (01:16:37):
Yeah, exactly what you can see. You go, don't look
like I spend a lot of money on their defense,
and that's because largely we don't. So he's wanting everybody
to pony up a bit and it'll be interesting to
see where all of that goes. Twenty two minutes away from.

Speaker 18 (01:16:51):
Nine, International Correspondence with ends an eye insurance peace of
mind for New Zealand Business in Australia.

Speaker 2 (01:16:57):
Maril, Very good morning to you.

Speaker 3 (01:16:59):
Hello Michael, good morning.

Speaker 2 (01:17:00):
Do you these these these idiots that would nurses online
that got sprung this week, this whole anti Semitism thing
in Australia. Were they the real deal? Do we know
or not? In other words, were they going to cause
carnage or where? They're just buffheads?

Speaker 3 (01:17:16):
Mat They are complete buff eds. They're young and they're dumb.

Speaker 28 (01:17:19):
And you get the impression when you look at the
video and actually looked at it. It makes me feel
a bit uncomfortable, to be honest. You see these two
qualified nurses in the New South Wales health system. They're
just bloody stupid and the Israeli guy plays them like
a fiddle. He kind of eggs them on and they
just they just say all this extravagant nonsense that just

(01:17:42):
looks terrible.

Speaker 3 (01:17:42):
They've been sacked, they've got.

Speaker 28 (01:17:46):
There's all sorts of police negotiating with lawyers and so on.
They hold up in their respective homes. Nobody's seen them,
but look. Suffice to say, it is a disgraceful example
all of the sort of stuff that's been going on
over here now since well October November last year.

Speaker 3 (01:18:05):
It starts off with graffitiing.

Speaker 28 (01:18:08):
The Jewish places of worship and homes in the eastern suburbs,
torching cars expensive cars because of course you know Jews
drive expensive cars. This is the kind of rationale of
these morons. And it's got to the point now where
you've got these two nurses in the biggest health system
in the country saying this sort of stuff and getting

(01:18:29):
and getting caught saying it.

Speaker 3 (01:18:30):
It's dreadful, dreadful.

Speaker 2 (01:18:32):
So the investigations. I watched one of the press conferences
I think was the new South Wales Minister of Health
and I think it was her, and she was like devastated.
Have they searched, looked, reassured everybody that nothing's actually happened,
or yes.

Speaker 3 (01:18:47):
Yes they have.

Speaker 28 (01:18:48):
That was done within twenty four hours. The health minister's
Ryan Park, he had smoke coming out his He is
the poor old health department secretary, a woman who's been
there for a very long time, was in tears. She
was crying when she was talk. I never thought I'd
see the day in this health system that I'm part of,
that this would happen.

Speaker 3 (01:19:06):
She was just absolutely devastated.

Speaker 2 (01:19:08):
What are they going to do about Broad's.

Speaker 28 (01:19:10):
Sure police are going to be charging them at some
point well, I haven't had any charges yet.

Speaker 2 (01:19:14):
Well you'll need to. There'll need to be a lot
of them. But I mean the broader thing, the anti semitism.
Think what is going on in Australia that so many
people are so anti Semitic?

Speaker 28 (01:19:25):
I know, it's it's well, there's a whole bunch of
different theories. Police have even put forward the idea that
organized criminals from overseas, never mind from in Australia as well.
They're like, I don't know, if you've got air tasker
in New Zealand where you can put an ad online
and someone will cram out and mow your headge or
gurning up the path and make it nice and clean.

Speaker 3 (01:19:45):
Air tasker, it's cool.

Speaker 28 (01:19:46):
Thirty bucks you can have your path clean, you know,
for maybe five hundred bucks you can have a synagogue
fire bomb. That's kind of what police have been indicating.
Is it deeper than that, Well, there's so much of it, Mike,
I mean, it can't all be Is it all air
tasked out by these these criminal types or is this
just scratching the surface. I mean it's not helped this week,

(01:20:07):
of course, you had a blow up between the government
and the Federal opposition in Parliament and basically the government
said all the opposition's done is politicize the whole antisemitism thing,
trying to score points. Ever since this started, the Opposition
and Dutton blew up, of course, as you'd expect, but
I mean it's there for all to see.

Speaker 3 (01:20:28):
I'll give you one example.

Speaker 28 (01:20:30):
There's a guy, Josh Burns, who's a Federal Labor member
from Melbourne.

Speaker 3 (01:20:35):
He is Jewish.

Speaker 28 (01:20:36):
Now he lost his voice and he arranged for his friend,
who happens to be a Liberal, to read a statement
on his behalf because after the I think it was
after the synagogue in Melbourne was torched and destroyed, Peter
Dutton apparently kibosh that. He said, no, we will not
be reading a statement of behalf of a labor of

(01:20:58):
a government member, and so that was canceled. And so
ever since then the temperature has been amped up and
it's a bit rich for the opposition to say no, no,
we haven't politicized this.

Speaker 3 (01:21:08):
And that's been the whole thing from day one.

Speaker 28 (01:21:11):
I mean the government's also has been, let let's be frank,
has been very very slow in calling us out. I mean,
you should have had anti hate laws because it starts
with hate speech.

Speaker 3 (01:21:21):
Right.

Speaker 28 (01:21:21):
You get preachers up in Western Sydney saying, oh, you
know all the Jews from the you know, from the
mountains to the sea and all that stuff, and there
are people in their congregations who think, okay, we have
got the blessing from the boss, are going to go
out and spray paint some walls or stuff. I mean,
it really is, But I mean I feel sorry for
the police, Mike. They're running around like chickens with their
heads cut off. They're not sure where it's going to

(01:21:42):
pop up next.

Speaker 2 (01:21:43):
You reckon it's April twelve.

Speaker 3 (01:21:46):
Yeah, that's the firming up.

Speaker 28 (01:21:48):
That's the election date that everybody's been talking about now
for a month or more. Very very broad hints yesterday afternoon,
the Prime Minister hinting that the Parliament will not be back.
That would mean that an early April April twelve, Yes,
no March budget in that case. Anthony Albanzi had a

(01:22:08):
bunch of legislative wins this week, particularly on childcare. He'll
take that to the election, saying guaranteed child care for all.
Unless you're earning over half a million dollars a year,
you can pay for your own at that level.

Speaker 3 (01:22:22):
And of course we're expecting, aren't.

Speaker 28 (01:22:24):
We are cutting the official interest rate over here and
that would certainly help alban Easy, who you've got to say,
is in a degree of trouble.

Speaker 3 (01:22:34):
He is in.

Speaker 28 (01:22:36):
Peter Dutton is on the rise, no doubt about that.
Whether he can rise enough to grab back all the
seats he needs to form majority government not sure. Most
people are pointing Mike to a minority government. We'ch is
not sure what colour it's going to be.

Speaker 2 (01:22:50):
Man, it's going to be interesting to you don't see
you don't see it. I mean, I'm trying to think
of when was it. Have you ever had a minority governor? Mean,
my point being, you've got to negotiate your Gillard. That's right,
it was too But did you cut a deal? I mean,
we have deals in this country. So you have what's
called a coalition deal. So you say, here's what we
agree on, here's what we don't here's what we're going

(01:23:11):
to go forward with. Do you do that or you
just sort of bumble along and see how you go?

Speaker 28 (01:23:15):
Well, you know, I think the latter is the way
it's it's typically portrayed. But if you look at the
Gillard record. I mean even though she was in minority government,
she was a minority government prime minister. She's still got
I think it's around five hundred bits of legislation she
got through because she negotiated. She wasn't standing there like
two buffheads either side of the dispatch box.

Speaker 3 (01:23:36):
Touching their chests like King Kong.

Speaker 28 (01:23:38):
Oh look over here on the bloke, look at me,
I've got a suit on. She was able to negotiate
these two, Dutton and Albanezi. I reckon they to test
each other and they've got these braying sort of hordes
behind them, egging each other on. It's a sorry state
to be honest over here. I mean there's no Commonwealth anymore.
There's no sort of common approach to this. I mean,

(01:24:01):
do anything, even childcare. The opposition opposed the childcare measure
that went through this week.

Speaker 3 (01:24:07):
They got up only because of the Greens.

Speaker 28 (01:24:09):
And I cannot for a moment imagine the coalition with
Dutton and the little guy who runs a national party
in a minority coalition agreement with the Greens.

Speaker 2 (01:24:17):
Can you I cannot see it. The million indeed not
all right? Make you go well, we'll catch up next week.
As always, the Mighty Murray olds Donald Trump is speaking,
will give you the details and they are fascinating details.
In a moment fourteen to.

Speaker 1 (01:24:29):
Two, the Mike Asking Breakfast Full Show podcast on iHeartRadio
powered by News Talks at be.

Speaker 2 (01:24:37):
So interesting developments from the White House this morning. So
there wasn't apparently a press conference at seven o'clock this
morning out time. That hasn't happened yet unless Trump being
in the Oval Office and just rambling and talking to
reporters passes now for a press conference anyway, later on
today's meeting. Mody, that's going to be fascinating because well, listen.

Speaker 21 (01:24:56):
India traditionally is the highest just about the highest tariff country.
They charge more tariffs than any other country. And I mean,
we'll be talking about that. But again, whatever they charge us,
we're charging them. So it works out very well. It's
very it's a beautiful simple system and we don't have
to worry about you we're charging too much or too little.

(01:25:18):
But traditionally India is right at the top of the
pack pretty much. There are a couple of smaller countries
that are actually more, but India's are very very They
charge tremendous tariffs.

Speaker 2 (01:25:30):
And there's a lot of steel involved, not to meet
from the Russian oil. Of course, that's going to be
an interesting conversation. Once again he's been asked about. You know,
the problem with tariffs is, of course they get passed
on to somebody and they gave you the price of
the car. They've worked out that the average car is
going to be six or seven thousand dollars more expensive
in America as a result of these owers. So what
about these high prices, so.

Speaker 11 (01:25:47):
Americas should prepare for some short term pain.

Speaker 20 (01:25:50):
You said that, I didn't say that.

Speaker 15 (01:25:52):
The crisis go up and let's see what happens.

Speaker 21 (01:25:54):
Nobody really knows what is going to happen, other than
we know that jobs are going to be produced levels
that we haven't seen before. We know that we think
interest rates are going to ultimately be coming down because
of things that happened, and they go hand in hand
with the tariffs. But we think that we think that
the prices for some things, many things, it could be

(01:26:15):
all things will go down.

Speaker 2 (01:26:17):
That's simply not true. And so he's what if he
says at heaps thap, But even if even he the
other day was saying there'll be some short term pain.
So he's either forgotten he said that we some short
term pain, or he's now just tried to change tax.
The only ways interest rates will go down is because
everything goes up in price. No one buys any things.
Therefore the economy tanks. Therefore interest rates have to go down.

(01:26:37):
But then you'll say, oh, look see they've gone down.
But the economy is tanked. No, it hasn't. Everybody loves it.
He'd love to This is what he said beforehand. This
was behind closed doors, not broadcast. He would love to
have Russia return to the Group of Seven. It was
a mistake for them to be expelled in the first place.
That if that happened, that would mean they could cut

(01:26:59):
defense by half. That's an eight hundred and fifty billion
dollar equation. He's seeking a conference with China and Russia
on denuclearization, so that's encouraging. He's confirmed that Russia Ukraine
would have a seat at the table of any negotiations
take place over the war, so that's encouraging. He hopes
to make a deal on TikTok. I don't know whether
that's encouraging or not. And whatever duties are charged by

(01:27:21):
other countries, as you've just heard with India. They got
a duty, we got a duty. They got a tariff,
We've got a tariff. He's going to announce tariffs on
cars very shortly. He's back in the next week or
so to do the other miday. He mentioned chips, pharmaceuticals
and cars, and here's bad news for Australia and Elbow
given that phone call earlier on the week. Don't expect
any exceptions or waivers. No exceptions or waivers on tariffs.

Speaker 1 (01:27:47):
Eight to nine them My Hosking Breakfast with Bailey's Real
Estate News Dogs dead.

Speaker 2 (01:27:53):
Belintin American cars a moment ago. BMW announced out of
Europe last night. Vgates are here to stay, so that
whole ev dream's going nowhere fast. The remarkets such as
the US, Middle East, et cetera, previously decided not to
end put an end date for production on internal combustion,
so that whole idea that internal combustions are getting gone
is simply not true. So the bights are here to
stay for BMW, which is good to hear. Five minutes

(01:28:14):
away from nine.

Speaker 1 (01:28:15):
Trending now Warehouse the real House of Fragrance.

Speaker 2 (01:28:19):
It's that the news on Ben Efflick this morning. New
trailer for you. It's the accountant to It's an autistic assassin.

Speaker 11 (01:28:26):
Don't make your nervous, an escaped convict trained by marb
account sphere of clients or drug cartels, money launderers.

Speaker 12 (01:28:34):
Yes, Gray King has been murdered.

Speaker 15 (01:28:37):
Do you like puzzles? Mister wolf?

Speaker 26 (01:28:40):
I need your help to finish the job you started.

Speaker 12 (01:28:43):
What are you doing?

Speaker 7 (01:28:45):
Way crazy to finish so you can.

Speaker 3 (01:28:50):
Do what I need to do.

Speaker 12 (01:28:52):
I've made a great mistake to.

Speaker 3 (01:28:54):
Go over the plan again.

Speaker 23 (01:28:56):
Plan should get these ideas in your head.

Speaker 3 (01:29:01):
Good for you.

Speaker 12 (01:29:02):
Let's get ourselves killed.

Speaker 3 (01:29:08):
Are you really?

Speaker 12 (01:29:10):
Yeah?

Speaker 2 (01:29:11):
It's interesting the I watched the first movie and with
no great expectation, and it was actually quite good. Better
than quite good, as very it was almost very good.
I would have given it seven point thirty five out
of ten. John Boonthall and JK. Simmons are there as well.
That neither of those names mean anything to me.

Speaker 16 (01:29:29):
Oh, come on, the Punisher.

Speaker 5 (01:29:33):
No.

Speaker 4 (01:29:33):
JK.

Speaker 16 (01:29:34):
Simmons from like just every second movie.

Speaker 2 (01:29:37):
No, you know, Whiplash, he's the No. No, you're saying movies.
I don't know you're saying people and movies. I don't
know is big as Ben Elton? Is he is that big?
It's out April twenty twenty five. Why do you say
April twenty twenty five? This year it's out in April.
Don't tell me what I know what year it is. Anyway,
you have a fabulous weekend. We'll see you Monday as always.

(01:29:59):
Happy that.

Speaker 1 (01:30:02):
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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