Episode Transcript
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Speaker 1 (00:00):
You're trusted home for news, sport, Entertainment, a Finion and Mike,
the mic Hosking, Breakfast with a Veta, Retirement, Communities, Life,
your Way, News, Togstead.
Speaker 2 (00:12):
Be Welling, You're welcome today? Does it feel difference? The
Regulatory Standards Bill passed and yet the sun still came
up and tourism dark in that shows some signs of
life boat and barried in from London, Katie and simply
the good stuff afterive murray Age, Murray Olds and Richard
Richard Arnold polished some international material course as well, pasking
welcome seven past six. Once again we find ourselves in
(00:33):
the midst of an excellent economic week. I think excellent
if you wish to see it that way. Of course,
one hundred percent of hotels will be filled as coming Wednesday.
Broadly speaking, you can't get a room. Auckland hasn't been
full in years. Along with the broad based cruise season,
we got the warmer summer travel period. We have a
large conference in a major concert coming. This can only
get better when the Convention Center finally opens and Eden
Park can actually open its gates under proper First World rules.
(00:56):
So a record for hotel rooms a record also this
week for first home by Never had there been more
young people getting into their first home. This is the
real celebration. Despite many people's best efforts to steer money elsewhere,
nothing beats real estate. It's a multi generational obsession in
this country. Nothing will ever shift it. The owner of
a home or a house a place to call home.
(01:16):
The ability to adjust and mold it to your life
and aspirations is not to be underestimated, and people will
bleed for the pleasure. Money's cheap ish, money's readily available.
People are buying good on them. What drives all this
for a few simple economic truths. If you get the
basics right, you can't lose. This country must be a destination.
It must be open, it must be welcoming. Hence the
(01:37):
importance of sorting our downtowns out with the homeless and
the trouble. Also, the fundamentals must be right. You get
inflation under control, You earn your way instead of forever
borrowing your way. You set the economic table for the
country to be able to spend and take risk and
believe they've got a chance in the future. There are
still plenty to do. Jobs need to come right of course,
but the ads are up. The media could play their
(01:57):
part and drop the misery obsession. News can be neutral
end positive as well as negative, and the funk brigade
could try just try to accept that actually there is
a decent shaft of light at the end of that tunnel.
Business confidence and in the SME sector. This week also
a good one. The tourism numbers yesterday, will look at
them again this morning they're up again. Oh and the
all Blacks one and we'll win again this weekend. If
(02:19):
that stuff moves you need. In simple terms, this is
going places. I'm bullish on twenty six. This week has
been a good building block.
Speaker 3 (02:27):
Wow.
Speaker 1 (02:29):
News of the world in ninety seconds.
Speaker 2 (02:31):
Right, Let's start with the embattle British Prime Minister who's
apologized to were streeting about briefings and rumors and general
shenanigans regarding.
Speaker 4 (02:38):
I've been talking to my team today. I've been assured
that no briefing against ministers was done from Number ten,
but I've made it clear that I find it absolutely unacceptable.
Speaker 2 (02:48):
Whiz is on the play it down duty.
Speaker 5 (02:50):
One of the great things about being here in the
Northwest today is I can leave all the trivia a
Westminster bubble stuff behind and instead focus on what we
are doing, which is the change the public voted for.
Speaker 2 (03:01):
The British matters. We have give another report and to
astonishing and competence. Sarah she Reef, she was team when
he appearance murdered her. The authorities failed to protect her.
They went to the wrong house. It's the usual story.
Speaker 6 (03:11):
The home educated team went to check on her at home,
got the wrong address and didn't go back and the
next day she was dead. I mean, there are just
multiple failures.
Speaker 2 (03:21):
And when a report like this comes out, you know
what they do need. There were her actions that could
and should have been taken by this organization and they weren't,
and for that I profoundly apologize. They're also getting rid
of police and Crime commissioners. Now these are elected roles.
They run the budgets and a point the chief constables,
that sort of stuff. This will all save money. The
(03:41):
Tories they are not convinced.
Speaker 7 (03:42):
This won't really save any money. But what it will
do is remove a directly elected public official, the Police
and Crime commissioner, who is accountable to the public and
would certainly be more visible than some kind of faceless
committee of.
Speaker 2 (03:56):
Local bureaucrat stoutside US has opened. Trumpet signed the paperwork.
One of the Dems who flipped was fetterment. It's wrong.
It's always wrong to shut our government down.
Speaker 8 (04:06):
I mean, I think that's pretty reasonable because that used
to be her official.
Speaker 2 (04:10):
Position on it. What's the space run humor? The Dems
ropable with him. I mean, he didn't back it, but
they still don't like what he's done and how he's
handled it. New study. Finally, swearing ain't what it used
to be. Traditionally, the vast majority of the top twenty
most offensive terms were your standard swear words, but the
Australian study found sixteen of the twenty these days are racist, sexist,
and homophonic slurs. Words like bloody and bugger and all
(04:32):
that sort of stuff no longer even considered swear words.
Religious blasphemy. It's got no power either, Yews of the
world in nineteen. By the way, four point three will
look at the number yesterday. What is four point three?
Four point three is the unemployment rate in Australia. Perhaps
bigger and more importantly for Murray later, the Liberals have
agreed to dump twenty fifty, so there are major implications
(04:54):
on that eleven past.
Speaker 1 (04:55):
Six the Mike Hosking Breakfast Full sh podcast on aheart radio.
If My News talks eb.
Speaker 2 (05:06):
If you're looking for growth in the UK, you need
a microscope. Zero point one percent. They thought it might
come in at zero point two percent. So not a
good day for Rachel Reeves to tell you what is
each one of these numbers comes in that budget, which
is a couple of weeks ago, a couple of weeks away,
looks bleaker and bleaker. I'll tell you that. But nothing
fourteen past six and that Andrew kellerd you in the morning,
(05:30):
Very good morning, Mike's been a bleak. The old net
migration number gets worse and worse every time we look
at it, doesn't it.
Speaker 9 (05:35):
Yeah, it does kind of.
Speaker 10 (05:36):
So it was one of the tailwinds for growth that
we sort of enjoyed historically, you know, population growth basically
importing people, and you know we've had times in the
last couple of years when that number was really high.
STATS New Zealand released the information yesterday, so provisional estimates
using STATS in New Zealand data, we've got that monthly
net migration number, which is you know, as subject to
(05:57):
a lot of revisions as well below long term averages.
So we tend to look at the annual number. Statue
zeerand reported an annual number of circa twelve thousand people
plus net migration. Now, the long term average of that
is around just under fifty thousand, but of course for
a while there we were running with numbers well into
the hundreds. Now one hundred and twenty, one hundred and
thirty thousand. It might g it's really all about the departures.
(06:20):
If I look at these numbers, they're very much higher
than the long term averages. Actual arrivals are sort of
sitting around those long term numbers. It's just that we're
bleeding New Zealand citizens. And I guess we can really
point the finger at the pretty weak local jobs market
that's hurting job prospects here, encouraging people to leave. And
if we get time, we'll have a quick look at
(06:41):
those Ossie employment numbers. Yes, sous, therein lies some of
the reason August numbers. Now, the August monthly number was
revised upwards. That's actually an encouraging sign because sometimes the
direction of travel of the revisions can tell you a
little bit about the potential future direction travel of the
actual migration number. If there is a trend, it's of
(07:03):
very low growth. The arrival composition.
Speaker 2 (07:06):
Has changed a little bit.
Speaker 10 (07:08):
Arrivals from Philippines and India they're declining a little bit,
and we're seeing a pickup and returning key and from
China as well. Obviously key parts of the economy of
this effects spending because there's fewer people's are not spending,
and demand for housing as well. But the tourism numbers
are I think you mentioned that, didn't you. Yeah, that
we're entering the busy season now, so these numbers pick up,
(07:29):
and so we keep a keen eye the numbers over
the next few months. Up twenty one thousand from last September.
So that trend line, the trend line if I look
at when you sort of when you when you sort of,
I suppose dissolve it down to a trend line, it's
actually starting to go up. That's quite positive. We're sitting
at just under ninety percent of pre COVID numbers. What
we have seen is a big lift in the ossie visitors.
(07:51):
It looks more attractive to them here from a currency
point of view, they are now fifty six percent of
our visitors pre COVID they were only fifty one percent,
so we've got to thank them for the lift here.
And if I look at the total number of rivals,
it's up two hundred thousand from September twenty four, So positive.
Speaker 2 (08:09):
Numbers there, Okay, spending glass halfful or not? Ah, this
one's funny.
Speaker 10 (08:14):
I mean I think I waxed lyrical, didn't I about
the alien Z card spending?
Speaker 2 (08:17):
Don't recently?
Speaker 11 (08:18):
Yes?
Speaker 2 (08:18):
Those statues.
Speaker 10 (08:19):
Then release the official numbers the electronic card transactions for October.
They look a little bit softer. Are the total for
the month? Zero point two? That's total retail core retail?
What's the same zero point two? And if look at
those year on year plus point eight one point two,
so you think about inflation there.
Speaker 2 (08:35):
These are not very exciting, are they?
Speaker 10 (08:37):
Total electrod electronic card transactions? If you're looking more dead,
flat and falling if you look at them on a
year and year basis, so not looking very strong at all.
Doesn't look as optimistic as the alien Z data. There
is growth in consumable spending, but that lift is really
down to people buying groceries, which is kind of somewhat necessary.
(08:57):
And the growth probably just reflects higher prices for food.
Not much evidence here of growth and discretionary spending, and
certainly in some of the categories momentum it seems to evaporated.
Speaker 9 (09:08):
Apparel is still very soft.
Speaker 10 (09:10):
Interesting, that doesn't seem to be the same lift and
durable spending that we saw in the AMZI data. So marage, Mike,
if I sort of think about the implication for monetary policy,
no real evidence yet of low and morgage rates.
Speaker 9 (09:21):
So I've put that together.
Speaker 10 (09:23):
I've put the migration numbers together, and you know what,
I reckon might roll on another twenty five basis points
from the rbnzd EUS.
Speaker 2 (09:29):
The four point three was a better number. This is
the Australian job reference, So that's where the jobs aren't it. Yeah,
my gosh.
Speaker 10 (09:35):
So their jobs lifted forty two thousand in October. Expectations
were for twenty thousand unemployment rate four point five to
four point three. What's really interesting here, it's all in
full time jobs, big leap and full time jobs. So
I think three percent book could be the bottom for
that Ossie cash rate of think they've got stubborn inflation
to consume a confidence as high and lots of.
Speaker 2 (09:56):
Jobs lay some numbers on me.
Speaker 10 (09:59):
Yeah, Well, shut down finishing hasn't helped the US market actually,
teslerin and video getting spanked a bit overnight. The Dow
Jones is down four hundred and twenty eight points forty
seven thousand, eight hundred and twenty six that's down point
eight nine percent. The sm P five hundred is down
seventy nine points that's one point one percent six thousand,
seven hundred and seventy one, and the Nasdaq is down
(10:22):
one point eight percent four hundred and twenty three points.
Twenty two thousand, nine hundred and eighty four forts one
hundred lost to one percent overnight, nine out oh seven.
The NICK was up point four to three fifty one thousand,
two hundred and eighty one. Shangho Composite gained about three
quarters of percent four oh two nine. The ossie market
lost half percent yesterday, forty six points eight seven five
(10:45):
three the close and the N six fifty lost about
half percent seventy four points. Thirteen thousand, five hundred ninety seven.
Kiwi doll it slightly stronger point five to six seven
three against the US point eight six five eight. Ossie
point four eight seven er euro point four two nine
to five against the quid eighty seven point six one
Japanese yen gold is trading at four thousand to two
(11:05):
hundred and three dollars and break crude behaving itself sixty
three dollars and twenty seven cents.
Speaker 2 (11:11):
Yeah, fantastic week. I appreciate it. Andrew Keller has Sure
and Partners PASKI on. You know the people who's Swiss
sneaker maker. They've Boost, they're on a tear, they've got
the Roger Federer collection, all that sort of stuff, if
you know what I'm talking about. Anyway, they're up there
guid and so they're I'm doing globally very well. Indeed,
mortgage demand in America highest level since September. So people
are liking the money. And Sony came in this week
(11:32):
with operating profit, all upgrades, PlayStations, blah blah blah. All
that stuff's going well. So there's plenty and skims, you know,
Kim Kardashian skims. They did a float or a money raise.
Value the company market cap now five billion dollars. For
underwear for goodness sake, Shape Web six twenty one here
at News Talks, there'd be.
Speaker 1 (11:55):
The Vice Asking Breakfast Full Show podcast on iHeartRadio by
News Talks at.
Speaker 2 (12:01):
B actually speaking of Central Banks, Collins are of Boston.
She's on the FED. I see several reasons to have
a relatively high bar for additional easing in the near term.
So she didn't want to cut mirror Trump's man fifty points.
So how do they square that circle a so that
next time run will be interesting to watch Disney overnight?
(12:22):
How many subscribers do they got to Disney Plus? They missed,
so they've taken a beating sharewise, if you're interested in that.
But I am always interested in how many people pay
out for Disney Plus, because I'm one of the people
who does. They've added three point eight million. This is globally,
of course, three point eight million subscribers. They now set
at one hundred and thirty one point six linear television,
it's a drag theatrical releases, it's a drag. ESPN hasn't
(12:46):
been on YouTube, so they've got a few problems.
Speaker 3 (12:48):
Six twenty five Trending now with the MS warehouse, the
real house of frequency.
Speaker 2 (12:54):
If you think the BSA and their ideas around streaming
in this country and regulations and overreach. Hold my ba
enter the Australian Community Cations and Media Authority. Yesterday the
ACMA they're going to impose new licensing conditions on the
company that runs the Kyle and Jackie Oh Show. So
that's a radio show. They're very popular. They're number one
in FM in Sydney. They recently put the show into
Melbourne's Dying a Death. They sort of there's a lot
(13:16):
of smart, lot of sex talk, all that sort of stuff. Anyway,
there's a group in Australia called Mad Effing Witches. They're
an online activist group who go after people they think
are spreading misogyny in racism. Right, so they've been encouraging
people to whine to the ACMA and Kyle the host
in Happy.
Speaker 11 (13:31):
This activist group of haters, these three old ladies or
whatever in the they want us finished. They want me
to stop broadcasting because these people nothing can be done
to them. Guess what. Guess why because of free speech.
They're allowed to But I'm not that these old ladies are,
but I'm not allowed to saying like the government can
(13:53):
can't control what's said on the internet, but they can
control us. So I'm in this position now where I
think they don't get rid of me for another nine
point three years, so they got to pay no matter what.
So do I just do? I think, Ah, you know,
what's not worth the find I might as well just
hang up the headphones. I could finish work today and
live happily ever after.
Speaker 2 (14:14):
I like that job of the guys going hmm, that's
a cool job. That's effectively what I do here exactly.
New condition means the show must now avoid broadcasting material
deemed highly offensible containing strong or explicit sexual references that
would offend a reasonable listener. References can in Clinton. This
is where it's actually quite a serious story in this
massive overage going on here, and I'm assuming they'll either
ignore it or the government or get involved or something.
(14:36):
I don't know. The references can include innuendo or sound
effects that you could understand to have a sexual meaning.
So the debate is on, see what I mean. They
took a year to find the head of the Ministry
of Education, and turns out her name's Alan McGregor. Read
(15:01):
so why are they taking a year? What's going And
she's an internal appointment too, so she's going to be
with us on the program just after the news for
a couple of moments, and then in an hour's time
Boden Barratt for us out of London.
Speaker 1 (15:10):
The newsmakers and the personalities, the big names talk to Mike,
the mic asking, breakfast with the Defender, embraced the impossible,
news talks.
Speaker 2 (15:22):
Exercised about the chamber, speeding tech it. I'll come back
to that, and of course we've got the Epstein files
in the States. Richard Arnold with Moore on that shortly
meantime at twenty three two seven. Took a year, but
the Education Ministry, he's finally got its new boss, Allan
McGregor read as your new Secretary of Education. She will
help drive the government's launchcale the form of course in
our classrooms. Elan McGregor readers with us. Very good morning
to you, Good morning Mike, and congratulations to you. Why
(15:45):
did the process take so long?
Speaker 12 (15:49):
Oh that's a question for the Public Service Commission. But
I'm delighted to have the role. I'm really focused on
what's ahead of us and it's a great opportunity.
Speaker 2 (15:58):
How far removed is your job from the day to
day workings of a classroom?
Speaker 12 (16:04):
Every day I am thinking about what's going on in
the classrooms across New Zealand. I've spent ten years engaging
in education, being out there in schools. I work with
teachers closely. My core focus ultimately is what is happening
for our children every day in classrooms.
Speaker 2 (16:21):
Are we a bit of ordinary education in this country?
Speaker 12 (16:25):
We have some strengths in education. You know, it's not
all doom and gloom out there. However, we do know
that we can do better. We have been seeing some
slides and the results for our children. While many of
our children do really well, many of our children miss out.
And I'm ambitious for our kids. I'm ambitious for our
(16:45):
education system and I think we can get to the top.
Speaker 2 (16:49):
Why do we not turn up.
Speaker 12 (16:52):
The school I think that, you know, we've been a
little bit lars on school attendance. It's okay to miss
the day here, It's okay to miss the day there.
Actually it's not. Children need to be at school to learn.
If children are going to get the best of what
we have to offer, and we are bringing through a
(17:14):
great new curriculum which children are not going to want
to miss out on, then they really need to be
there at school. How many that's something.
Speaker 2 (17:22):
That sorry, no, that's fine. I'm just how much of
what you do do you need to believe in versus
how much of what you do you're simply carrying out
instructions from the government of the day.
Speaker 12 (17:34):
As sex to for education. I have to believe we
are doing the right thing. For me, it is fundamental.
I have to believe that everything we are doing is
going to lift outcomes for children. That is my driving motivation,
that is my driving passion, and I absolutely believe in
what we are doing.
Speaker 2 (17:53):
So you believe in what Erica Stamford's doing, she is
on the right path.
Speaker 12 (17:58):
I believe that having a curriculum that is clear about
the most important learning all children should have access to.
Getting every child the opportunity to thrive, to achieve, to
do the best they can, to be ambitious for our children,
all our children, is absolutely the right thing to do.
Speaker 2 (18:17):
Do you like charter schools?
Speaker 12 (18:20):
Our charter schools are a former school. Let's see if
they work. You know, we've got plenty of places where
people are saying children aren't getting what they need, they
aren't engaging. Charter schools an opportunity to see if things
can be done. Differently for those children. So as I
don't see why we wouldn't try.
Speaker 2 (18:36):
Okay, So, as you enter this job compared us to
other countries, and where do we sit, how would you
sumise or summarize our state of education this Friday morning
in November twenty twenty five.
Speaker 12 (18:49):
We're still in the upper end of the OECD, but
we have been slipping and I think we've taken for
granted that we've had a good education system, but we
need to push to continue to have a good education
system and more importantly, we deserve and we can have
a great education system.
Speaker 2 (19:08):
Well, sir, appreciate your time, Good luck with the job.
Ellen McGregor Reid, who's the Ministry of Education Secretary and
chief executive. Right America, It's open nineteen to two.
Speaker 1 (19:17):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
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Speaker 2 (19:24):
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great reward Tees and sees apply Pasky Yeah, Chambers one
hundred and eleven, Mike, So what Jesus we whine about anything?
These days. So I suppose the news will keep banging
on about the commissioner speeding ticket. End of I thought
(20:30):
the same thing. I thought, Jesus, this is hopeless. But
Chambers raised it himself, and therefore because of that, I
think that becomes genuine news. Texted and from a former
Prime Minister of the nation. Allen worked for me. The
aforementioned Allen McGregor Reid worked for me when I was
Prime Minister. Excellent, often a breath of fresh air. So
(20:50):
there's a good recommendations. John k sixteen to.
Speaker 3 (20:52):
Two International correspondence with ends in eye insurance peace of
mind for New Zealand business, Richard, how are you.
Speaker 13 (21:00):
I'm doing well well.
Speaker 2 (21:00):
Play place for You'll open.
Speaker 13 (21:03):
Almost after forty three days.
Speaker 11 (21:05):
Yeah.
Speaker 13 (21:06):
The longest US government shutdown ever is ending and what
came out of it all. The National Economic Council is
estimating that sixty thousand non federal workers lost their jobs.
The shutdown costs they are estimated at twenty four point
six billion dollars New Zealand per week, or as much
as one point five percent of the GDP. The timing
(21:26):
for when furloughed workers will get their back pay will
vary by agency, many have missed a couple of full paychecks.
There have been widespread economic pains, except for the politicians,
of course, who were paid all the way through this.
The airlines say they hope the air traffic control system
will be back to normal by the startup next week.
In terms of the politics, the off yr elections, the
most recent and the most recent polling shows that just
(21:49):
under one third of Americans think this country is headed
in the right direction, So this would seem to give
Democrats some opening, even as polls for them have been
in the dumps for months. Throughout the show down, Trump
has had well basically little input. Instead, he's been taking
Fox News on a tour of his White House upgrades,
saying this is his greatest talent and adding, you can't
(22:09):
imitate gold, real gold. So these aren't from home depot,
quipped Fox host Laura Ingram, referring to reports that some
of these sconsors are the same as those sold in
the hardware store. Now, this is not home depot stuff,
said Trump, who lashed out during the shutdown of their
traffic controllers who couldn't keep working without pay for weeks
and weeks and weeks and slam states that tried to
keep money flying for food, money for the poor, says
(22:32):
President Trump. Now when we come up.
Speaker 2 (22:34):
To midterms and other things, don't forget what they've done
to our country.
Speaker 13 (22:37):
All the Democrats fault, says Trump. All the Republicans false,
say the Democrats.
Speaker 2 (22:44):
Right. So Epstein, the vote versus the papers, versus the
release versus the politics. Where's it all go?
Speaker 13 (22:50):
Well, what's going on? Here's Trump about to face the
Republican rebellion over this. The Republican Speaker, Mike Johnson has
been forced to schedule a House vote and next week
over the relige of the full Epstein files. While the
Trump team has been going to extreme length, you have
to say to try to stop the release. What happened
here on that point is unheard of. All the Dems
back the release of the Epstein files. They need just
(23:12):
four Republicans to side with them on that. One of
those four, Lauren Bobert, was brought into the White House
situation room last night, where the FBI boss Cash Hotel
and Attorney General Pam Bondi tried to pressure.
Speaker 2 (23:24):
Her to support the cover up.
Speaker 13 (23:26):
She refused. Also, the Speaker had kept the House members
out of Washington for fifty four days. Amid claims that
he was trying to tamp down the Epstein fura by
refusing to swear in a new Democratic House member from Arizona,
Adelita Grialva. She was finally sworn in and immediately signed
the Epstein petitions, slamming that delay by the speaker.
Speaker 9 (23:47):
This is an abuse of power.
Speaker 14 (23:51):
One individual should not be able to unilaterally obstruct the
swearing in of a dually elected member of Congress or
political reason.
Speaker 3 (24:00):
Well.
Speaker 13 (24:00):
Democrat Robert Garcia, who was leading the push for of
the Epstein files to come out, says the victims must
get their day.
Speaker 9 (24:07):
And want justice for them.
Speaker 1 (24:08):
I mean, I'm angry that they continue to hide what happened.
Speaker 12 (24:12):
I'm angry that so many powerful men have been protected.
Speaker 13 (24:16):
You know, just one percent of the Epstein material has
been made public so far. There is so much more
that the Justice Department is sitting on. A few emails,
of course, just came out as we've been hearing brought
to lighte from the Epstein estate, and they allured. One
is from twenty eighteen, where Epstein wrote to journalist Michael Wolfe, quote,
you see I know how dirty Donald is. In another
Epstein rights to a former PM of Norway that Russia's
(24:38):
Putin could seek his Epstein's quote insights on Trump. In
yet another, Epstein writes to his cohort Julaine Maxwell or
Trump quote, of course he knew about the girls, as
he asked Julaine to stop. So this suggests Trump knew
more about Epstein's criminal activities than he's publicly acknowledged. At
the White House, Trump presade Carolyn Levitt says.
Speaker 14 (24:57):
What President Trump has always said is that he was
from Palm Beach and so was Jeffrey Epstein. Jeffrey Epstein
was a member at mari Lago until President Trump kicked
him out because Jeffrey Epstein was a paedophile and he
was a creep.
Speaker 13 (25:10):
Well, that is not what Trump has been saying or
what others have said. Trump was, who was said to
be Epstein's best friend for about fifteen years, said they
split when Epstein hired away girls from marire Lago, including
Virginia Guffrey, who is the one who committed suicide and
claimed in her recent memoir to have had several sexual
accounters with the former Prince Andrew. Others say they split
(25:32):
came over a property deal where Trump used information to
undercut Epstein financially. So Epstein in the House next week,
then the Senate. Will they continue to make Trump or
are they looking now to their own political future?
Speaker 2 (25:43):
Yes, not going away. Have a good week in Richard
Donold State side. They stopped making pennies as of yesterday,
two hundred and thirty years of production has done mainly
because it costs its plated zinc. It costs four cents
to make a penny, so that's over time. Moves on
ten to seven of.
Speaker 1 (26:01):
My Hosking Breakfast with Bailey's real Estate news dog zby.
Speaker 2 (26:05):
Two significant pieces of news on Liam Lawson for you
this morning. I'll come to it after seven o'clock.
Speaker 15 (26:09):
Mike.
Speaker 2 (26:09):
Maybe I wasn't paying enough attention. But what's the point
of the Secretary of Education? Practically speaking, the Secretary of
Education is the CEO of education of the administrative It's
the business of education. The government runs education education ministry.
You've got teachers, classrooms, all that sort of stuff. But
the Ministry of is the administrative body in charge of education. Oil.
(26:30):
I note this morning the IEA are saying that demand
for oil and natural gas will grow now until at
least twenty fifteen peak oil. I don't think so. Do
you want to invest in Scotland, I don't. But they're
going to issue next to you what they call kilt bonds.
They've never done this before, so it's an international capital raise.
(26:53):
They're looking for about three in a bit billion. They're
going to use it for infrastructure. They've got elections next May.
They're devolved, of course, but they want to run their
own program. They're very independent like that. The old Scottish
got a son living in Edinburgh. He's having the time
of his life, but he's certainly not earning enough to
buy a kilt bond yet. But anyway, as for the
rest of it, as for their attitude of a lot
of stuff, I don't know that Scotland you go to.
(27:14):
But nevertheless, kilt bonds are going to be issued next year.
If you're into that sort of thing, five minutes, five years,
five minutes away from seven.
Speaker 16 (27:20):
All the inns and the outs, it's the fizz with
business fiber take your business productivity to the next level.
Speaker 2 (27:27):
But go back to the building site, where we find
the majority of builders in this country think that councils
are failing them. What a what a surprise Combined Building
Supplies co Ops nationwide survey. We've got eighty percent of
respondent so rate of their local council or building consent
authority is either poor or fair. Fear is okay. Seventy
percent of council decisions and requirements were highly inconsistent. Is
(27:48):
there a single person who's ever built where the council
hasn't discovered that? Anyway's built anything. You don't have to
be a developer. If you've built a pool, you've seen that.
Seventy percent to council decisions and requirements highly inconsistent. Between
inspectors and regions, depends on who you get. Sixty eight
percent said council inspections were often or significantly delayed. Seventy
six percent inspectors were inconsistent in applying or approving on
(28:08):
side amendmental minor variations, costs and arm in a league.
Some builders are waiting weeks to get a basic inspection
when it could be something done remotely and only take
a couple of minutes and then everyone could get on
with life. That'll be fine, except only fifteen percent of builders.
So they've been given access to video or phone based inspections,
despite delays increasing, fifty nine percent said traffic management requirements
(28:30):
were expensive and unecessary. I want to tell you that
the government's fixing all this, and I think they are,
but it's slow, isn't it. It's a slow burn. And
so all of this means they're calling for a nation
wide inconsistency, broad reforms, blah blah blah. It's the usual thing,
which sort of brings me around to the education. I
know this morning I talk to David Seymour's on the
program after seven o'clock about his regulatory bills. But the
(28:51):
point is more and more schools and boards are saying
we're not going to follow instructions. This is the why
tangy right to terity or that tangy taking that out.
So board's writing instructions these days are going to be
officially from the government. Get your kids to school and
teach them properly, and let's improve this country. Those are
the new writing instructions, right, the old riding instructions were,
(29:13):
but don't forget about the Treaty of White Anty. So
the new instructions are take that out and concentrate on
the important stuff. So instead of going Okay, fair enough,
schools are now going NA, We're not going to do that.
We're going to do our own thing. Now, how does
that work? How do you have a government if no
one's following the rules and the instruction. So we'll talk
a bit about that in the next half hour of
the program. Now, but when I'm on a roll, I've
said two out of two, I'm saying four out of
(29:34):
four of the all blacks Boden Baron, out of Boden,
Barret out of London.
Speaker 16 (29:38):
Later credible, compelling the breakfast show, you confess it's the
mic Hosking Breakfast with Bailey's Real Estate, doing real estate
differently since nineteen seventy three, news tog said b.
Speaker 2 (29:50):
Welling seven past seven to Among other laws that passed
this week, the much anksted at about Regulatory Standards Bill
got through two one hundred and fifty six thousand public submissions,
ninety eight percent of them were opposing it. In simple terms,
it allows better law making by reducing red tape and
assessing legislation against its principles of responsible regulation. Day would
seemore as of course, man who drove it through in
the Minister River Regulation, it's good morning, with us. Is
(30:12):
this a personal win? Yep, Mike, good morning morning. Is
this a personal win?
Speaker 9 (30:17):
It's actually a whole lot of people.
Speaker 17 (30:19):
This has been going on since the early two thousands,
when the first version of this was drafted. So I'm
very proud to have got it over the line. But
it's a little bit like end of life choice that
actually started years before I got anywhere near Parliament. I
was just sort of the winger that picked it up
at the end and put it over the line.
Speaker 2 (30:37):
The ninety eight point seven percent of public submissions have
public submissions to a degree broader question been hijacked. There's
just the same old, same olds turning up and moaning.
Speaker 9 (30:47):
Yeah, we'll put it this way.
Speaker 17 (30:48):
I was told the other day that there's been more
submissions to select committees in the last two years than
in the entire.
Speaker 9 (30:57):
History of Parliament before that.
Speaker 17 (31:00):
And this is being driven by If you're green Peace,
you set up a website. It has a series of
false statements you put in a tick box exercise, and
then it formulates a submission for you. But of course,
as part of the process, green Piece ends up with
your email address, which is their real objective. And then
of course people say there's all these submissions against it. Well,
(31:23):
the truth is that the people making the submission sadly,
and I mean them no disrespect, but they start off
uninformed about the regulatory standards built and by the time
they go through that process or toweyto TVTU or whatever,
they're actually misinformed.
Speaker 2 (31:38):
The Labor Party will flip it. Are you disappointed to
the extent that you haven't been able to reach out
to make this bigger than you know? In other words,
it's here today, gone tomorrow.
Speaker 17 (31:50):
Well, I mean that's of course if the Labor Party.
Speaker 2 (31:53):
Yeah, I get all that, but you know you haven't
got broad based support on it.
Speaker 17 (31:58):
Yes and no, I mean we have tried. But if
you look at it, you know, David Parker, one of
the more thoughtful guys I think, would have been open
to it. Duncan wear ballots and rants and rays, but
he's not actually standing for christ Duke Central again, so frankly,
he's shooting blanks. And then Alena Williams stood up in
the debate last night, sung a song for the first
(32:19):
two minutes, then cried, then talk about our ancestors, and
then made some incoherent points about the legislation that bore
no resemblance to it. So you know, I am sad
that we don't have cross party support. But in those circumstances,
it is challenging to actually get a real conversation with
these people. That worries me more than anything. Our goal
(32:41):
is to win next year betted and make it the
norm that if a politician wants to make a law
and it's going to put costs on people's time and money,
and it's going to you know, devalue your property like
the earthquake laws did or whatever, then you've at least
got to be open and have the decency to tell
people that's what the cost will be. That, just like
the Fiscal Responsibility Act and the Reserve Bank Act, if
(33:04):
it changes our culture over time will be a wealthier,
more respectful, more civilized country.
Speaker 2 (33:09):
You have a good weekend, Appreciate it, dovers as the
Minister of Regulation, Associate Minister of Education. Ten minutes past
seven and of course leader of the act party. The
government has been looking into the banking sector and level
of competition. We all know they think there's not enough
of it. The committee comes back with nineteen recommendations. Government
accepted all of them, so stuff like opening the door
toomall what overseas banks, reviewing fees, profits on every day account,
(33:29):
strengthening kiwibank through further investment. Andrew Body, financial markets banking expert,
is with us on this. Andrew, very good morning to you. Hi,
make in what camp are you? I mean, have we
got oligopolies and cartels operating here? Or is it not
that bad?
Speaker 18 (33:45):
We've got an oligopoly here that my yesterday's response from
the government isn't going to change that, right, It's really
a recipe for paralysis by analysis. I'm afraid.
Speaker 2 (34:03):
Okay, Well that's good because I've been doing a lot
of reading. I just can't work out where I stand.
So I get where you stand. So the problem now
is we've got a problem, but yesterday's fix is and.
Speaker 18 (34:14):
The fix no it's not. I mean, we know what
the problem has been. Well, well canvassed over the last
two and a half years with the Commerce Commission and
then with a very successful cross party supported banking inquiry
by the FEC and PPC. They've did a great job
and we need to take action. Yesterday's response is about
(34:40):
writing reports mostly, and we've had that. We've done that.
What I think the Minister of Finance should be doing
is bringing Ian Rennie, Secretary of Treasury and saying Ian
on Monday morning at eight o'clock. I want a proposal
for legislative change to fix the clear problem with governance.
(35:03):
And I want a new policy remit to stand in
the place while we get the legislation through. And I
want a harmonization with Australia proposal that I can take
to the Prime Minister that he can talk to Anthony
Ellen easier about.
Speaker 2 (35:16):
Well, hold on, then, what is she just jaw boning?
Because no one's talked to this up more than Nikola Willis.
So is she jaw boning or is she incompetent or
why isn't she doing what you're suggesting?
Speaker 18 (35:27):
I think she's a very confident leader, but it's this
is a tough gig. You know, this is an environment
both politically and economically that's a challenging as I've seen
in my professional lifetime, and she maybe just needs to
be a bit braver on this. You know, she's not
(35:49):
running a court of appeal FORBNZ decisions in her office,
but she should be running a really critical eye over
governance failure, regulatory overreach at the NZI.
Speaker 2 (36:02):
Good stuff. I like your style. Andrew, you have a
good weekend too, Andrew body who's financial markets banking expert,
which brings me I'm not at the moment, but just
to elude you to the fact our newsroom a very
interesting article yesterday which came out of our interview on
the program with Antonio Watson out of ain ZI yesterday.
An's a chief wildly exaggerates bank competition claim and that
was on the show. So I'll come back to that.
(36:22):
Thirteen past the.
Speaker 1 (36:24):
Like asking Breakfast Full Show podcast on iHeartRadio powered by
News Talks at b bud Merritt.
Speaker 2 (36:31):
Shortly seventeen past seven. New Tourism datais I'm sure you
well aware us out green shirts? Do we see green shits?
Well kind of. We're only at eighty eight percent of
where we once were, but the Australians love us one
point four eight million arrivals, which is up twelve percent
the US up at three hundred and eighty one thousand.
China's a bit flat. Q Town and christ Duty you
go to still Louise Upstince Tourism Minister and is with
us morning, Good morning, Mike, what's your level of satisfaction
(36:54):
as you sit and talk to us this Friday morning.
Speaker 19 (36:58):
Oh, I'm really comfortable with were a nonp It's showing
that the work that we're putting in is delivering some results,
but we've still got more work to go to attract
even more international visitors over the ditch.
Speaker 2 (37:09):
The Australian thing. Is that about the dollar or the
campaigns or both?
Speaker 19 (37:13):
Oh, it's both. We've also seen an increase in trans
Tasman flights, but Everyone Must Go campaign has definitely delivered
an extra push. So that's not going to be one
individual thing that gets us results. We've got to have
a solid plan and just keep rolling out ideas to
attract them over and to just make sure that New
(37:34):
Zealand is top of mind for the countries that normally
choose US. So Australia the US. China is a big
focus at the moment.
Speaker 2 (37:43):
I was going to say, how hard are we working
on China? And is that a lost cause? From all
I'm reading, they seem yes, they're traveling a lot now domestically,
but if they are going off the border into other
parts of Asia, are we wasting our time there?
Speaker 19 (37:57):
No, China's going to continue to be a really important
market for US. I took the first ever tourism trade
delegation up to China in September, so some of that
will pay off next year. But we do need to
keep focusing on the markets that have traditionally come here,
as well as emerging markets like India. But I think
we're in a really positive space. We've got more work
(38:19):
to do and that's why there will be more announcements
to come, and of course the Michelin Guide last week
will attract a different type of visitor.
Speaker 20 (38:28):
Again.
Speaker 19 (38:29):
As I said, it's a combination of initiatives that we
will make to drive a peace.
Speaker 2 (38:34):
In the Sydney Morning here all about were they should
be rapable. It was a piece saying basically the Australians
missed the opportunity. They could have paid the bill. They
didn't want to do it. We did and we've sucked
in good.
Speaker 19 (38:44):
Oh absolutely, and look anything that anything that makes New
Zealand stand out. So firstly to attack attract Australian foodies
to come over here is great, but also if people
are trying to decide between Australia and New Zealand, this
is one thing that will put New Zealand above Australia,
which is great and I had it maybe tongue in
(39:04):
cheek suggested to me earlier this morning that actually it
might reverse the brain drain from the hospitality sector to
get Australian chefs over to New Zealand.
Speaker 2 (39:13):
Nice stuff, have a good week in two, Louis Upston,
Tourism Minister eighty seven cents though, I mean, if you're
sitting there with your eighty seven Australian since you get
a New Zealand dollar, it's not bad. What about that
pole yesterday? I mean, for God's sake, well, is labor
on thirty three or thirty eight? So two polls this week?
This is my whole argument around poles. Don't worry about them.
So one pole had labor on thirty three and others
got them on thirty eight outside the margin of era
(39:36):
and buy a mile. So which is it? And what's
the point? Seven twenty.
Speaker 1 (39:43):
The Make Asking Breakfast Full Show podcast on aheard radio
powered by News Talk.
Speaker 2 (39:49):
SEP tell you what I've had a bad week on
the power front, Mercury wrote to me. Yet again, I
get more mercy. I get more male from Mercury than
I get from anybody telling me about the price of
power going up anyway, industrial facilities even worse than this country.
So here's a smart move. You might want to think
about the energy practice. Right, So you pay between twelve
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So this is the energy practice, saving money, not just
making promises pasking. Christy Nome has just announced the ten
thousand for those people who hung around who were air
traffic controllers. The actual whether you get the bonus or not,
(40:55):
and how much of one hundred percent attendance actually applies
is a bit un clear at the moment, but the
inferences you will get ten thousand dollars if you didn't
quit or go home or phone and sick anyway. It's
going to come from carryover funds from fiscal year twenty
twenty five. It's just been announced now seven twenty three.
Time ow to mark the week, little piece of news
and current events. It's almost as fun as being a
fly on a wall at a wirz streeting plot meeting.
(41:16):
End z Ink seven. A pretty good week this Wednesday.
Auckland hotels are going to be one hundred percent full.
Yesterday the visitor arrivals, as we've just talked about, showed
yet another upward movement. Slowly but surely, there is more
and more that is positive to embrace. Laws six small
victories for common sense. This week's FARMAC changes, those script
changes for your pills and potions, the medical conference changes,
all sensible, all beneficial for the country and our bottom line.
(41:39):
Sakia Starma to nes, says a united team, And how
do you win with a majority of that size and
cock it up so fast and so spectacularly? Are the
Mary Party?
Speaker 15 (41:51):
Two? Wow?
Speaker 2 (41:52):
How do you cock it up so fast and so spectacularly,
and Winston six.
Speaker 21 (41:56):
Mister Hoskins quote my.
Speaker 2 (41:58):
Words, we we and asset sales you see, so you
see how he operates. One year out. The steering's already
begun Firearms six because it wasn't radical. People seemed either
relieved or satisfied when they actually got the news. The
politics though of Firearms four, what you thought was coming
and what actually right had a price in the coln.
The key had to swallow at least a smallish rat
(42:19):
on that one or a seven as in the Ring.
They expect to double sales this year and double them
next year after doubling them last year. That's a model
to envy, isn't it. Kim seven as in Kardashian as
in Skims one of the biggest capital raisers for apparel
this year market cap now five billion. I mean laugh
all you wanted that family, but it's an industry. Are
(42:40):
the BBC one?
Speaker 5 (42:40):
We are the very best of what I think we
should be as a society.
Speaker 2 (42:45):
Game set and match on the argument overbalance and impartiality.
The boot Camp reports six. See the report itself actually
read quite well. Yes, some issues, but yes, some good
bits Maybe that's why the media didn't cover it all
that much. Maybe it was a bit upbeat for an
idea that got panned from day one by the Zealots
and the ideologues, the all Black seven, So far, so good,
Bud and shortly but a grand Slam has never looked
(43:06):
more real. And that is the week companies on the website,
and you get a year's supply by the way of
these free if you lock your mortgage in with SBS
for two years, or you buy eighty nine liters of
petrol from a gull asking here, ladies and gentlemen, by
I mean obviously David Seymore alluded to it, but he alludes,
we deliver here, ladies and gentlemen. Is Arena Williams of
(43:28):
the Labor Party in the house, singing.
Speaker 22 (43:33):
The good arcle.
Speaker 9 (43:37):
Oad our keep there fed cash standards.
Speaker 2 (43:48):
I don't know she's singing about it. She could be.
Speaker 18 (43:53):
So.
Speaker 2 (43:53):
Then went on for quite a while, certainly longer than
impre to play on this program. It's she's not bad
as she I mean technically sing that she's all right.
Then she started crying.
Speaker 9 (44:04):
Man, I'm speaking.
Speaker 23 (44:05):
You can hear my motion and my voice today when
I stand seven generations from the lands. He things of
too Woyd that that song recalls as the chair of
the Regulations Review Committee, it has chased with the review
of regulation.
Speaker 2 (44:21):
It's a funny thing, the Regulatory Standards Bill. I've never
seen so much angst over something that the vast majority,
all due respect to David Symore, that the vast majority
of New Zealanders don't really understand nor care about. It's
the weirdest thing, isn't it use for you? In a
couple of moments, then we'll kick the ball around with
Old Body.
Speaker 1 (44:37):
No fluff, just facts and fierce debate. The Mic Hosking
Breakfast with Vida, Retirement, Communities, Life Your Way, News, Togs,
Dad Best.
Speaker 2 (44:47):
Cody after eight twenty three minutes away from two from
two for the All Blacks, Grand Slam, Dreamers Alive and
It's Real England. This week at Twicka is of course
Elliot's Call. At ten past war Bowden Barrett is with us.
Good morning, come on right, first time we talked to
you this too, So just take us through briefly the
travelog Barrett's style. How's the tour feel so far?
Speaker 20 (45:06):
Yes, So we started off in Chicago and now it
was a fun week.
Speaker 15 (45:09):
Really.
Speaker 20 (45:10):
Chicago has a lot to offer, and we made sure
that we had fun off the field, but probably not
as much as we had in sixteen when we come
up against the Irish that time. It's obviously a place
we can get distracted quite easily with so many sporting
events and Sixtus going on and so on. But I
thought we nailed that week. And then we flew straight
(45:33):
into Edinburgh straight out of the game, actually, and that's
a great city. We enjoyed that also. So it's been
a tour of making sure that we enjoy ourselves off
the field, but when it's time to put the boots on,
we make sure we're chuned in and we do a job.
Speaker 2 (45:51):
What about the psychology of what's going on? So you
get Ireland, so they would you could argue your biggest
hurdle Scotland. They're improving, but they're not England. Do you
sort of worry about becoming complacent as you chase a
Grand Slam in all four winds?
Speaker 20 (46:05):
Look, we were quite weary of Scotland. They were quite
confident amongst themselves and even potentially publicly, and we also
respected them for sure. England are obviously a powerhouse Nation
in recent times. In fact history, shows have always had
(46:29):
a tough encounter against them, and they toured last year,
so each of those test matches was a close tussle
and we expect the same at Twickenham, which is a
place they obviously love playing it and you throw their
fans into the mix and it's a hell of a fortress.
Speaker 2 (46:47):
Yeah, exactly. The yellow cart thing, is that a thing?
Has it been talked about or not?
Speaker 20 (46:52):
Yeah, it's just a little bit of self control or
lack of from individuals. It's not a major thing. Yeah,
it's a tough one to put the finger on. Other
than you know, everyone's just got to be aware of
it and everyone can't control it. So the harsh reality
is it affects the team just based on one person's
(47:16):
lack of self control. So yeah, we obviously got put
in a hole and allowed Scotland to come back on
the weekend and we've learned from that, so hopefully we
won't be facing that again this week.
Speaker 2 (47:27):
And as a tour, are you getting better or are
you getting tired?
Speaker 20 (47:34):
Probably a bit of both. Hopefully that's what we want
to do each day is get better. But at the
end of these longer or long seasons. Look, I tell
you one thing, We've been managed very well. Our trainer,
Gilly and the coaches have been keeping an eye on
our load, training load, that is, and making sure that
(47:54):
we're peaking on Saturday rather than flogging us during the week,
and that we're all conscious.
Speaker 2 (48:01):
Of how hard are you working off the field, because
there's been a lot of commentary back here about you know,
the whole corporate thing of the All Blacks and sponsorship
in America and advancing the game, and they're rolling out
the old Barrett magic to you know, shake a few
hands and take a few photos. Are they wearing you
out at that end of the spectrum.
Speaker 20 (48:18):
No, it's managed well and they make sure that everyone's
doing their bit in terms of sharing the load, so
to speak. It's a hell of a vehicle and brand
I suppose, the All Blacks, But the main thing is performance.
So it always comes back to that. And yeah, like
(48:38):
I say, we've been managed accordingly, and ultimately it's all
about us doing our job on Saturday.
Speaker 2 (48:44):
Night, where's a Grand Slam sit for you? Four out
of four? And the broader question, if you get the
Grand Slam, how does that fit into your season overall.
Speaker 20 (48:53):
Oh, it's one that's clearly. I haven't done it before
and we haven't had the opportunit unity in my time
as an All Black to do it, so it would
set right up there. Obviously England are in the way
right now, and yeah, look you can. I guess the
(49:14):
Rugby Championship wasn't a success because we didn't win it,
and South Africa, you know, beat us up in Wellington,
which was unfortunate. And often we're judged by trophies and
cups and so on. But a Grand Slam, if we
can achieve that, I think that would mean we're probably
(49:37):
losing two test matches out of a decent number, which
in the scheme of things is pretty good. But we
know that we can't look or talk too much about that.
We've got England right in front of us and obviously
Wales the following week, So yeah, that's plan.
Speaker 2 (49:55):
Good stuff. Will you go well? Will we watching Buden
Barrett out of London for us this morning? Got some
Wiam Lawson news for you in a moment eighteen.
Speaker 1 (50:01):
Two the Vike Asking Breakfast Full Show podcast on iHeartRadio
powered by News Talks.
Speaker 2 (50:08):
It'd be five so he is where we're at with
Liam Lawson as regards a job next to your helmet,
Marco says he's still too inconsistent. So he said this
in his column for speed Week, and he says Lawson's
found us footing with Racing Bulls, but his performances are
still inconsistent. Hedger is, in my opinion, the revelation of
the season.
Speaker 1 (50:27):
Now.
Speaker 2 (50:27):
I don't think anyone would disagree with that. Hedges done
extremely well and will almost certainly end up next to
Max next year in Red Bull itself. But in saying
that Lawson's inconsistent is also not untrue because he's had
a couple of problems in the last couple of meetings,
but he is sitting very nicely. I still maintained Liam's
fine Yuki will be gone meantime. The head of Racing
Bulls Liam's team, Allen Perman's, he's dropped what is claimed
(50:52):
to be a quote unquote big hint that he's inclined
to welcome Snodaback even at the expense of Laws, as
he quote always wants experienced drivers like Williams and Joy
through Carlos Signs and Alex Elboon. So you go, well,
who's more experienced Sinoda. That juxtaposes with what the team
is all about, and racing Bulls is a feeder team
(51:14):
into Red Bull. If they're dumping Yuki out of Red Bull,
he's no longer a feeder person into Red Bull itself.
Now you can argue that's the same story with Liam,
of course, but Liam has inexperienced, he's young, he's in
his first full season. Sinoda has done four, if not five.
You might only find out on the Monday morning after
Abu Dhabi, he said, as everybody asks, when's the decision
being made regarding the importance of having experienced drivers, He's
(51:38):
thinking twenty twenty six. There's a whole lot of new cars,
it's new tech. They don't know what they're getting. Experience counts,
all of which is true. You always want the experienced drivers.
We see with James as in Williams, with two super
experienced drivers who perform well almost every weekend. So everyone's
reading into that that that's Yuki over Liam. Meantime, the
Honda president, who's a guy who led one ton of
(52:01):
they want him part of the Red Bull family. Obviously,
we believe that Sonoda has potential and we intend to
express our opinion. Nothing wrong with that. When you hand
over tens of millions of dollars every year, as they
do to Red Bull, you're entitled to your opinion. If
the team and the individual come to an agreement and
he remains in the Red Bull family, we will be satisfied.
Now that is reference two. Does Yuki stay in Red
(52:22):
Bull or go down to Racing Bull. So as long
as he stays in the Red Bull family, they're happy.
But you've got to remember there's a Ford connection as
of next year, not a Honda connection. So Red Bull's
linked to Sonoda. And this is the great question around Sonoda.
Did they employ Sanoda because he's Sonoda or did they
employ Senoda because he's Honda? And with Honda rending, do
they need Snoda anymore? So my guess is that Lindbladd
(52:43):
and Lawson will be your Racing Bull drivers. Meantime, Lian's
coming back to the country and this is a very
exciting thing. I did a nice I had a nice
time yesterday morning with my old mate Andrew Kallaher, who's
not a racing driver. Fortunately he's quite good at money.
So we did our breakfast an eal breakfast here and
a lot of people came along and Andrew gave him
a whole bunch of advice about money. Anyway. Part of
(53:03):
it is Sure and Partners sponsoring this thing. On December
the twenty third at Highlands Motors bought partner Cromwell's never
been to Highlands.
Speaker 15 (53:11):
Get there.
Speaker 2 (53:12):
It's just incredible. I mean, the whole region is just amazing. Anyway,
Liam's going to be doing hot laps at Highlands now.
They yesterday launched. He's going to do twenty of them
in a Lambo as in Lamborghini. They sold out in
about a minute and a half. Four hundred dollars a
pop gone. The big one though, he's doing three laps
or three hot laps in a vulcan an Aston Martin Vulcan.
(53:32):
If you've never seen one in Aston Martin Vulcan, have
a look because it probably is as good looking at
cards as has ever been created. Tony Quinn owns it.
It's the only one in the Southern Hemisphere. It's worth
over four million bucks and the money will be raised
for the Breast Cancer Foundation. Now, one of those laps
is going to be paid for by Sure and Partners
(53:53):
as an Andrew the other two you bid for now.
The last time the bidding was open for a rider
in the Vulcan round Highlands, it went for twenty seven
and a half grand. They were raising money at the
time of the Hellberg Trust, so it'll be interesting to
see what they raised for breast cancer. But one to
meet Liam and two to get in a Vulcan and
three to go fast around a track with them. I mean,
(54:13):
that's that's a money count by experience, except money actually
can buy it. And of course they're looking for a
public session with William for photos and stuff like that.
But he's going to be back in the country. He's
going to be back at Highlands in December twenty third.
So if you're in the region, or if you're a
Modus Book fan, or if you're a Liam fan, if
you're an Aston Martin fan or whatever, or you know
(54:34):
somebody who would appreciate that, you might want to give
that some thought.
Speaker 1 (54:36):
Ten away from it, it's my costing breakfast with a
Vita Retirement Communities News togsad be like.
Speaker 2 (54:42):
You could also so that Perman is expressing a preference
to keep Liam and Hadger rather than taking a rookie.
Now see that's the beauty of f one. You can
see you can you look at a comment, you can
read it a million different ways. Now it is speaking
actually of sport of sorts. Seven away from eight. We've
got to reminder this country does actually produce a next
generation of the bright and the brilliant. We've got a
group of in engineering students who reckon they've sit a
new New Zealand human powered land speed record. They've got
(55:05):
a three wheeler. It hit eighty two point six k's
entirely with peddle pound Now the record's expected to be
confirmed within a month. Digby Simons is an associate professor
at the University of Canterbury who's been working on all
of this and he's with us, digby morning, good morning.
If it's eighty two point six, what's it beat the
old record by.
Speaker 24 (55:26):
Well, it depends what you're looking at exactly. I was
just looking at up this morning. So Sam Dakin is
an Olympic cyclist and he's got the current flying two
hundred meter time trial record and his speed I think
is seventy six kilometers an hour if you work it out.
(55:47):
But that's that's an official UCI cycling record where you
have to ride an upright bicycle with a sort of
diamond frame configuration. But obviously Sam's athlete, so this is
a different category of vehicles. This is where the only
only rule is that your human power only. But other
(56:10):
than that, there are no restrictions on what type of
position you ride in and whether you have a fairing
around you.
Speaker 2 (56:18):
So just to be fear, you've got what I would
loosely term a bullet shaped machine. It's ero is it
zero or grunt? The bike should go first.
Speaker 24 (56:28):
It's absolutely aerodynamics. So if you think about a standard bicycle,
and what's important is the most important is the drag area,
and a standard bicycle is probably about zero point two
meters squared for a drag area. This bike is down
around about nort point not three. So it's it's at
(56:49):
least five, maybe six or even more times more aerodynamics.
Speaker 2 (56:54):
Not point not three. Yeah, are really good cars two
two or two three or two four or something like that.
Speaker 24 (57:02):
Yeah, which is obviously a much bigger vehicle. So what
that means is compared to a normal bike, you could
go at the same speed, but you don only need
a fifth or one sixth of the power, or if
you put in the same power you could go almost
twice as fast like this.
Speaker 2 (57:21):
Mike's university sound fun, doesn't It's like you look forward
to getting into this and doing something fun like this.
Speaker 21 (57:26):
Oh.
Speaker 24 (57:27):
Absolutely, it's been a fantastic project and it so. This
was done as part of a final year project at
the University of Category Mechanical Engineering Department, and a lot
of our projects are students. Most of our projects are
students working on problems that come from companies, but some
of our projects are student led and the students addressing
(57:50):
a challenge that they set themselves. So this was an
example of that. The students wanted to see if they
could beat the land speed.
Speaker 2 (57:58):
Record and good on you. Well, I wish you the
very bad stone. Well, will Stone touch with you and
when you get a confirm that'll be fantastic. Look it
up by the way, it's all at the University of Canterbury.
It's a cool looking machine and it's it's I don't
know what you do with it at the end of
It's like those school projects, you know, when you do
a school project and thing's really cool until of course
(58:20):
mum goes, where do you think that's going?
Speaker 22 (58:22):
And of course when do you just keep it as
your normal bike. I mean I could have done that
on a Friday when I was biking from Lymington to
Cambridge High right across.
Speaker 2 (58:30):
Cambridge from Lymington.
Speaker 22 (58:32):
Yeah, with the saxophone on the back, the school bag
strapped on top of that.
Speaker 2 (58:38):
You couldn't have ended in this thing.
Speaker 22 (58:39):
And then a guitar strapped to my back as well.
Speaker 2 (58:42):
That's crazy. Too many musical instruments. So do you know
Rena Williams, she's into music.
Speaker 17 (58:47):
Yeah.
Speaker 9 (58:48):
I didn't cry about it.
Speaker 22 (58:49):
I just got on with it and Bandbactas started at
eight am to be there by.
Speaker 2 (58:56):
Eight even in winter when it was cold. Did you
leave a well? Tim Wilson and kayhawkspeak you will do
the week for you after the news, which.
Speaker 20 (59:06):
Is next.
Speaker 1 (59:09):
Asking the questions? Others won't the mic asking, breakfast with
the defender, embrace the impossible news talks he'd be each night.
Speaker 2 (59:18):
And I leave the barroom at all not feeling any pain.
Closing time? Can I remember it? Tell me much too?
So the first person to ring through and tell us
who this is? Whin It's ten thousand to keep you off? Ah, dear,
(59:41):
So I think what's happening here is that Willy just
simply wanders into his studio and decides to make albums.
Because I've lost count of how many albums he's made,
but it must be hundreds by now. This is the
latest working man Willy sings Moule seems to be Willis
in these days. He picks a person, he just sings.
This on Mill Haggard is the reference of course. Now
what's interesting about the album? Despite the factor's brand new,
(01:00:04):
it's clearly been in the works for a while because
on piano is Bobby.
Speaker 1 (01:00:10):
I could turn to.
Speaker 2 (01:00:14):
Last on piano as Bobby who died three years ago.
Also the druma Paul English died five years ago, and
when did really die? This is ai Willie? Are you
going to be able to tell whether it's a the
real thing? So there are eleven tracks thirty nine minutes
(01:00:36):
of Willie Nelson and any Willie Nelson's Good Willie Nelson
and my book The.
Speaker 1 (01:00:41):
Week in Review with two degrees fighting for fair for
Kiwi business.
Speaker 2 (01:00:47):
I was going to say I had I got the
old hay fever last week? Was it last week in Caddie? Yep?
And it was I don't get hay fever until I
get hay fever. If you asked me previous to last weekend,
do I get hay I don't get hay fever. But
in the country, you got the pine trees in the
direction of the window. The pines got something to do
with it. And so I had shocking hay fever. And
(01:01:09):
then morning, Tim, my eye exploded. This morning, Remember the
eye explosion, Kadie.
Speaker 6 (01:01:15):
Yeah, bloodshot?
Speaker 2 (01:01:16):
I yeah, massively bloodshot. I really very very bad bloodshot eye.
And up until that particular point, I don't get bloodshot.
If you said, do you get bloodshot eyes? I would
have gone, no, I don't get bloodshot eyes or hay fever.
And all of a sudden they had hay fever.
Speaker 9 (01:01:29):
Did Katie give you a poke? Poke in the eye?
Speaker 2 (01:01:31):
No, Well, that's what it looks like. I looked like
a victim, and but it wasn't. I think it was
my sneezing Tim from my hay fever. Yeah, and my
eye explodes, Oh.
Speaker 9 (01:01:39):
My god, my god, he's just about blue your eyes out.
Speaker 2 (01:01:42):
Just about blue my eyes out, because he does.
Speaker 6 (01:01:46):
The old man sneeze, you know, just like children. I'm
always like, doesn't need to be that loud.
Speaker 2 (01:01:53):
I can't.
Speaker 8 (01:01:54):
Does this mean does this mean we've reached a certain
point where we beget a conversation by listening our health failures.
Speaker 9 (01:02:01):
At the beginning, now you should hear it was.
Speaker 2 (01:02:03):
Just on and so I thought, maybe I get hay
fever in the country. I now get hay fever in
the studio. Something that'll be the film will be the
filth from the dust.
Speaker 9 (01:02:13):
It's that mad Heath Felth.
Speaker 2 (01:02:17):
Yeah, that's wrong. The proof is you're honor if I
take this to court and don't think it's not going
that way. Eventually, when Heath was away. Heath was away
recently for the trial duty. I thought he'd been finally charged,
but it was actually just on jury duty. Anyway, can't
I come in here in the morning and I'm thinking,
what's different? And what's different is it? It's still filthy,
but it's not as filthy, And I'm thinking, what's what's
(01:02:40):
the common denominator here? In the common de nominators?
Speaker 20 (01:02:42):
Heath?
Speaker 9 (01:02:44):
So what was the percentage of felth? Though?
Speaker 2 (01:02:46):
Would you say thirty five forty? Measure at forty two
and a half.
Speaker 9 (01:02:52):
I'd love to see. I'd love to see your methodology.
Speaker 22 (01:02:55):
Now if we could prove it, we could see if
we could find any of Heath's DNA inside you.
Speaker 2 (01:03:01):
What if that was on the Carl and Jackie Oh show,
we'd now be off air. God, that might be.
Speaker 9 (01:03:13):
If you're saying that's making you sneeze.
Speaker 2 (01:03:15):
That's smart. Now Katie helped me out. Ryan was asking me,
Ryan's another young broadcaster here.
Speaker 6 (01:03:25):
I would argue, possibly.
Speaker 2 (01:03:26):
The surprisingly No, surprisingly, disappointingly, no, really interesting. I'll tell
some stories. Yeah, it is a surprise he comes across.
He comes across superficially as clean. But now, anyway, he
went along to a lecture this week at university. This
is what he does. He goes to the movies and
(01:03:47):
falls asleep, and he goes along to lectures at universities.
And he went along to a lecture this week and
he had a lecture on creatine. And he was asking
me about creatine. Now, I said, Katie, is your expert
on creatine. Now explain creatine and why should have it?
Speaker 6 (01:04:04):
Well, it's got Well, all the research on creatine is
there are no downsides. It's cognitively brilliant for you. It's
great for brain health, it's great for mood, it's obviously
great for strength and performance. So usually people were taking
it because originally you thought of creatine and you thought bodybuilders,
the gym people lifting shifting tin. But actually it's great
for everybody. It does help if you take it regularly
(01:04:28):
and arguably at the same time each morning, I learned.
But it has to be pure creating. There's a lot
of creat You never want it in a gummy.
Speaker 2 (01:04:37):
It rhymes into gummies.
Speaker 8 (01:04:39):
So no where where does creatine come from? It is
it from a gland?
Speaker 2 (01:04:44):
Or what is it? Who is it from a gland?
Speaker 6 (01:04:48):
Do you talk on about it's like a white powder.
Speaker 9 (01:04:53):
But where's it from?
Speaker 2 (01:04:54):
It's made? You make it, it's.
Speaker 8 (01:04:57):
Made harvest, They harvest flags, do they grind it?
Speaker 2 (01:05:01):
A wholest headed for creatine.
Speaker 6 (01:05:05):
It's hydrated. But it's got to have crea pure. You
want the pure ingredients. There's a lot of creating knockoffs
cheap creatine. You want it without flavors, no sweeteners, no colors.
You want premium quality with the creer pure what.
Speaker 15 (01:05:18):
It is pure.
Speaker 2 (01:05:20):
Basically, that's fantastic. That's what I told Ryan. I said,
this creatine and creating, what it is a combination of
three amino acids. And so you put the three amino
acids together and you got yourself creatine and you'll never
look back.
Speaker 9 (01:05:32):
You only take a little bit.
Speaker 6 (01:05:33):
You just want a little teaspoon each morning with your water,
and you'll perform better in the gym, you'll feel better.
Your moodle shift. I swear by it. Not paid to
say it, not associated with it in any way.
Speaker 2 (01:05:43):
But congratulations, thank brief break more in a moment. Thirteen
past the.
Speaker 1 (01:05:48):
Mic Hosking Breakfast Full Show podcast on iHeartRadio powered by
News Talks.
Speaker 2 (01:05:53):
It be there be sixteen past eight.
Speaker 1 (01:05:56):
The weekend Review with two degrees fighting for for ki
we Business.
Speaker 2 (01:06:01):
Mike, how is it's spelt? Well? Not with a K, Mike.
Could be new paint. There's certainly not new paint. There's
no new paint in the studio for the last twenty years, Mike.
A new after shave of someone's perfume. No, it could
be I'm wearing the Orchid Gardener today, which is a
lovely perfume and it's got that floral note. So floral
notes make your sneeze.
Speaker 9 (01:06:20):
Done, you said the awkward Gardener.
Speaker 2 (01:06:22):
No, the orchid Gardener, the awkward welth. But the orchid Gardener,
what brand? Katie and is it hard on your liver?
With the two questions that came through with some consistency.
Speaker 6 (01:06:32):
Oh, look, I'm not a doctor, so I never want
to I mean, if you if you're worried about livery,
you should probably check that out because I wouldn't want
to say and I really I don't want to say
brand either, because you know, I don't pay tons of
money to say that kind of thing. I'm not affiliated
with anybody.
Speaker 9 (01:06:46):
And also they'll be there'll be a run on it.
Speaker 8 (01:06:48):
So we went to a you know, you know, and
we spent you know how we spent I think it
was like eighteen minutes talking about some Carspray last week
gone sold out, Katie. Yeah, Well, the boys and I
went to a cool car show over the weekend and
a block six no, no, there, these are your grunters,
your Pontiac Parisians, you know, your your mag wheels and
(01:07:13):
your V eight engines and your dragsters. And this guy
who was in the Parisian said, oh, I wanted to
find that stuff that Mike was talking about, and it's
all sold out. So there you go, Caspray, you moved it.
Speaker 2 (01:07:24):
Yeah, you know, it's good. It's McGuire's McGuire's Ultimate or
super Deeper or whatever. No affiliation to the well, No,
I don't. Just I like helping people out. I'm a giver, Kadie,
I'm a giver. I just want be Sam takes a
lot of creatine. Now it's Sam's a bodybuilder, not that
you'd know it, and so I'd take I'd get my
money back on the program. But Sam's a bodybuilding and says,
(01:07:46):
are you're going to take creatine for bodybuilding, you've got
to do it in cycles like eight weeks on and
eight weeks off. Oh that's interesting.
Speaker 6 (01:07:53):
I only take a little bit. I mean, because I'm
not a bodybuilder. Are you just take a little like
a you know, the little tea sper I don't know
how much he's taking.
Speaker 2 (01:08:01):
He takes it, he takes He's on steroids as well,
so it doesn't help. I think he makeses.
Speaker 9 (01:08:05):
THEO does it fix hay fever?
Speaker 2 (01:08:09):
And I don't think it does, because if it fixed
hay fever, I'm on the I'm on the I'm on
the creating as soon as Tim did you get it
from Mercury Power this week? Telling you your powers going
up again?
Speaker 9 (01:08:23):
I don't know we're not with mercury actually or with
someone else.
Speaker 2 (01:08:25):
But you and tell you that your power's going up again. Power.
Speaker 8 (01:08:30):
You just pay your power because it's invisible and you
just need it, and you switch the lights off when
the kids leave the bond.
Speaker 2 (01:08:35):
That's how nolutions don't begin, because it's your complacent, spineless
wimp like yourself. It's corporate New Zealand and.
Speaker 9 (01:08:43):
Pays no way, I'm all, I'm We're all over the
power thing.
Speaker 8 (01:08:46):
And because power equals prosperity and if we can't make
it cheaply and efficiently and get competition into the market,
then we're stuffed as a country.
Speaker 2 (01:08:55):
This is true. Couldn't agree with you more. Hey, Ky,
did you see about the aura ring? No one got
on to all the rings earlier than you. Did. You
see the sales this week?
Speaker 6 (01:09:03):
Yeah, I'm not surprised. I think they're metrics. Is really cool,
a new update on or two. But that's it's for
people that don't have a clue what you're talking about.
It's like a whoop or there's tons of everybody's doing.
Speaker 8 (01:09:12):
It's like creatine, only creatine except in all that right.
Speaker 6 (01:09:16):
Yeah, it's terrible data that will track your sleep, your steps,
your metrics, your health, your stress, all that kind of stuff,
and give you feedback in real time, so people who
are health conscious or proactive can monitor that kind of thing.
I wouldn't be surprised if Sam's got something like that.
Speaker 2 (01:09:33):
In order to toe ring. He wears it, honest.
Speaker 9 (01:09:35):
Oh my god.
Speaker 8 (01:09:36):
As the data though, that that stuff, that stuff makes
you a bit angsty about.
Speaker 2 (01:09:40):
A whole question. You've just opened him the pan doors
box at the Hosking Hawksbyed household. You've just you've just
gone the old whippy discussion, which is, do you think
you might be a bit reliant on the metrics discussion?
Speaker 6 (01:09:55):
Yeah, I'm obsessed with it. Once you're not once you
get the feedback, it's a obsessive, that's the problem.
Speaker 8 (01:10:01):
Okay, Well, can I just can I just offer Can
I just offer quickly that the wisdom of John Grisham
yesterday which said she can't always be right for it
to be a happy marriage.
Speaker 9 (01:10:12):
I thought that was a fantastic.
Speaker 2 (01:10:13):
Takeaway, John Grisham. Just here are here are the headlines
for Kadie. Do you suffer from any of the following
digestive issues?
Speaker 22 (01:10:23):
Oh?
Speaker 6 (01:10:23):
Okay, creatine does hold onto water. So some people say
it does make them feel slightly bloated, but you can
that that's only like for the first couple of weeks
of times.
Speaker 2 (01:10:30):
That's number two. Water retention dehydration.
Speaker 6 (01:10:35):
Not really, but I do drink a lot of water.
Speaker 9 (01:10:37):
You got water retention and dehydration.
Speaker 2 (01:10:40):
What's going on?
Speaker 6 (01:10:41):
What was the other one?
Speaker 2 (01:10:43):
Nausea?
Speaker 6 (01:10:45):
Nausea, No nausea at all.
Speaker 2 (01:10:46):
Muscle cramps.
Speaker 6 (01:10:48):
No muscle cramps. Look, I'm not a doctor. If people
are worried and.
Speaker 2 (01:10:52):
They have other I don't think anyone's worried. No, I
don't think anyone's worried about it.
Speaker 8 (01:10:56):
Okay, okay, you probably do get nausea when when the
certain person starts cranking up about it.
Speaker 9 (01:11:02):
You're worried about your metrics.
Speaker 2 (01:11:03):
I've got my laws.
Speaker 9 (01:11:04):
You're coming on too.
Speaker 6 (01:11:06):
Gave me nausea This week I took Mike for the
first time to play pickleball, and I'm surprised it's Friday
and he's not mentioned this on air, because this happened
this weekend.
Speaker 9 (01:11:14):
What happened?
Speaker 6 (01:11:15):
Talked about it once?
Speaker 18 (01:11:16):
Have you?
Speaker 23 (01:11:16):
No?
Speaker 2 (01:11:16):
I haven't because him And.
Speaker 6 (01:11:19):
It's interesting he hasn't talked about it.
Speaker 2 (01:11:20):
Why would would you not want to talk about it?
What are you saying that I'm that I'm being modest
because I was so good?
Speaker 9 (01:11:31):
Someone doesn't want to talk about the battle.
Speaker 2 (01:11:35):
Talk about it was good? Am I not saying? Are
you saying I'm useless?
Speaker 15 (01:11:42):
No?
Speaker 5 (01:11:42):
No?
Speaker 13 (01:11:42):
No?
Speaker 9 (01:11:42):
Are you a bit of a spares on the old pickleball?
Speaker 6 (01:11:46):
Anymore?
Speaker 22 (01:11:47):
Do we need to get on the Monday Morning commentary box?
Speaker 9 (01:11:51):
Further than more? Totally?
Speaker 2 (01:11:53):
Do you know I did this thing. I've got to go.
But I did this thing with Andrew Callahy yesterday and
the people in the audience right do you know what
they wanted to know about pickleball? It's all they wanted
to talk about. I love its.
Speaker 9 (01:12:04):
Ah boy, And I'll bet you had to shut it
down because.
Speaker 2 (01:12:06):
I had to shut it down. Evented me from saying
how good I am. Tim Wilson Kate hawksby Ate twenty three.
Speaker 1 (01:12:12):
The Mic Hosking break bit with the Defender and News
Togs Dead b.
Speaker 2 (01:12:16):
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(01:13:00):
day asking no coverage in this country of it. But
there's a Nazi group organization whatever you want. It started
in Sydney last week when a whole bunch of them
turned up outside the Parliament to protest. Then an argument
ensued as to whether anybody knew about that, because you're
sort of not allowed to do it. But then the
(01:13:20):
police said, well, yes you are allowed to do it.
But then the parliament said, well, hold on, we didn't
know about it, And then somebody in the parliament said,
well I actually I did know about it. So the
whole thing's become a mess, and they're on the verge
they claim of forming a political party. So things are
a bit angsty in Sydney, New South Wales, where we
find Murray Olds after the news.
Speaker 1 (01:13:39):
Perfect opinion, edit, informed, unapologetic the Mic Hosking Breakfast with
Bailey's Real Estate doing real estate differently. Since nineteen seventy three,
news togs had been.
Speaker 2 (01:13:50):
A referenced earlier an article you might want to look
up over the weekend or today whatever a newsroom or
running at about our interview with it's not just about
our interview, but it's based on our interview an Tonya Watson,
the as that came on the program and their claims
that she quote unquote wildly exaggerated the bank competition claim
on the program, and it's worth looking up because this
ongoing angst around banks and competition in the country is
(01:14:12):
a good debate and affects us all. Of course. The
other thing, by the way, which happens also to be
on newsroom, that I got to which is interesting to
me as well because there's another one of these debates
that's going to be ongoing and certainly into next year
with Luxeen's and once again it started on this program.
Luxeon raised the idea of having the so called quote
unquote elevated discussion about recycling money from asset sales. Anyway,
(01:14:33):
they went to Seymour and he's not just as a
base argument for selling stuff. He's for less government. But
they told him to go through the ten state owned
assets that they'd put on the block and why, and
so his rationale comes from both an ideological standpoint and
a fiscal standpoint. But that's well worth reading as well.
(01:14:55):
It's under the headline going going the ten State owned
assets a top ministers at sales block and it is
referenced to Seymour eighteen. No, it's not twenty two minutes
away from.
Speaker 3 (01:15:05):
The international correspondence with ends and eye insurance. Peace of
mind for New Zealand business.
Speaker 2 (01:15:11):
Now the coalition of falling apart of course at the
moment over this knit zero and they've deciders to dump it.
As it turns out. Malcolm Turnbull, former Australian Prime Ministers
in the country at the moment. So I took the
opportunity yesterday after theon to ring them up and have
a word.
Speaker 21 (01:15:27):
But written in two thousand and nine talking about how
the right wing and the Liberal Party were turning climate
policy and global warming into a cultural war issue and
ignoring the science and rationality. And you know, nothing's changed,
right it is. I used to say when I was
in politics, energy policy should be guided by engineering and economics,
(01:15:51):
not ideology and idiocy. But they're at it again, and
it is. You know, you'd have to say about the
sort of climate denier's right wingers in the Liberal Party
who in out control the party. There's no question about that.
As you could say, they've got the memory of goldfish
and the dining habits of Piranhas.
Speaker 2 (01:16:12):
It's not bad, Malcolm. There was more to that. I
just didn't ring them up and get them to say that.
I'm actually interviewed him for a while and he will
feature that interview on the program next week. Meantime, Murray
Olds is with us. Mate, how are you got a
great quote?
Speaker 15 (01:16:25):
Oh boy, oh boy. We don't have any Malcolm Turnbulls.
We don't have any Bob Hawks, we don't have any
Paul Keating's or John Howard's left, they're all body political pygmies.
Might go dreadful eating their own, eating their own.
Speaker 2 (01:16:38):
It's on their say, it's such as.
Speaker 15 (01:16:40):
A dreadful mess. And you know, Susan Lee, the first
female leader that the Liberal Party has ever had. Do
you think any of these people would support it? You're
cracking jokes. I mean, the poor woman's been put through,
you know, the seven bloody agonies of Hell, whatever the
hell that phrase. Is trying to concoct this policy that's
going to be everybody in the Liberals and that is
(01:17:02):
simply impossible. The Conservatives have won the day now they're
going to dump it zero. But the big leafs she's
going to offer the Australian people is lower power prices.
They're going to keep, you know, coal fired power stations,
but the praises we're going to sweat the coal assets. Well,
who's going to bloody pay for their upkeep? They falling
(01:17:24):
to pieces. Renewables are the cheapest power source available right now,
and it's only going to get more and more and more.
You have to back it up with gas, but the
state governments over here have locked up gas reserves. I know,
we can't have gas. No, no, no, it's just an
absolute mess. Not just for the liberals, Mike, but you
(01:17:45):
know the government as well. As the government had any brains,
you'll be looking at nuclear, but oh no, that's been
demonized by the labor left. So labor lefts is no nuclear.
The conservative rights is no you know, wind and solar.
And in the meantime, businesses lead business can't afford to
pay the power bills, and mums and dads across the
company are saying, bloody hell, we can't afford it.
Speaker 2 (01:18:05):
Eat no exactly. The good news is the job numbers
came out yesterday, so they were biting the I mean,
it's not like there aren't jobs. I mean, and that's
why so many, sadly, so many New Zealanders are bailing
and blobbing into your place.
Speaker 15 (01:18:18):
But where's the stat here. Forty thousand plus new jobs
in the last month. Now, that was a big surprise
to just about everybody over here. More people are out
there looking too, so there's a sense of optimism that
employers are hiring again. For what that does, it makes
the Reserve Bank even more anxious and concerned about, you know,
(01:18:40):
cutting interest rates when inflationary pressures are building. There's going
to be a huge spend, huge billions and billions of
dollars spend over here in this Black Friday sales and
the run up to Christmas. Another record spend predicted this
Christmas in the billions and billions of dollars. So the
employment rate employment not unemployment. I mean the unemployment rate
(01:19:01):
in October was up to four point three percent I
think your Burton, down from four and a half. So
the inflation that the Reserve Bank looks at that and
says there's no way now we're going to cut rates
right now. So Australian house ees in pperic to a
spend our truckload more money in the run up to
Christmas and be groaning even more under the weight of
their mortgages.
Speaker 2 (01:19:20):
Tell me about this bloke eltis And I do apologize
once again because the guy Seule, that ball guy with
a weird mustache, is in jail, and he is unfortunately
in New Zealander. But nevertheless, this protest that turned up.
Are these guys for real or just noisemakers?
Speaker 15 (01:19:38):
It's very very hard to know. I mean, in the
case of Thomas Sewell, I mean he is dead set.
He was recognized by the Lower Court in Victoria. He
allegedly led Thomas shawl Is in New Zealand with a
little Hitler mustache, and he led, allegedly led an attack
by neo Nazis, right wingers, extreme right wingers on and
(01:20:00):
it was an Aboriginal camp in Melbourne. So all these
young white skin headed halfwoods charged in and beat the
tripe out of a bunch of old Aboriginal men. I mean,
real buddy, you know, real heroes, right. So he was
sent to jail pending further inquiries. But after two months,
I mean the magistrates said at the time Mike Saul
(01:20:22):
was too dangerous to be let out in the community.
Well two months on the thirty two year old halfwoo,
who's apparently married with two daughters, has been let out
under strict supervision twenty k sourit he put up by
his wife. He has to live with her, but the
matter won't go to trial for the next two years,
which is why he has been allowed out. Head north
up the Hume Highway to Sydney. And last Saturday we
(01:20:44):
had the spectacle of sixty of these clowns standing outside
State Parliament and they had a great big sign in
the middle of them, you know, abolish the Jewish conspiracy
or the Jewish lobby. I think it was. That's right,
the Jewish lobby. Well, you know, both sides of polity
of a big your pardon. The labor government and the
(01:21:04):
head of the police force are running a million miles
from this. We didn't know so the police it was.
It was approved by a lower level copper and the
government screening about oh, we have to close loopholes because
these clowns. Mike didn't stand there and say we love it,
we hate Jews, right, That apparently is against the law.
They can stand there and hold these offensive signs and
(01:21:26):
be menacing and threatening them all the rest of it,
that's a parent is not against the law. So the
police are scrambling, the government is scrambling. In the meantime,
these clouns think they can put together a political party,
which you can do in New South Wales. If you
have seven hundred and fifty signed up members.
Speaker 2 (01:21:41):
Unreal you have a good one might catch up. So
Murray olds to take forty four.
Speaker 1 (01:21:46):
The Mike Asking Breakfast Full Show podcast on Higheart Radio
powered by News Talks at b.
Speaker 2 (01:21:53):
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Ford slash business. Are to find out more t's and
c's apply laskying other way. Speaking of jobs in Australia,
three hundred thousand, they said yesterday just on just construction,
so you rise a twenty nine billion dollar jump in
the value of the nation's major infrastructure pipeline, so that's
got concerned. The regions are going to miss out on
all of that. There's two hundred and forty two billion
(01:22:59):
in public projects planned over the next five years and
another seven hundred and sixty billion, so add those two together,
it's a trillion to be delivered by the private sector.
First increase in the expected value of public projects. Since
twenty twenty two, there are already one hundred and forty
one thousand workers short By twenty twenty seven, the shortage
just tipped to grow to three hundred thousand. That is
a loss of workers. But then here's the flip side.
(01:23:21):
I'm reading yesterday Arns a company an Australia media company
and are basically a radio company in Australia. And there
they got an outlook for a full year EBITDA drop
of twenty five to twenty seven percent. Significant softness in
the second half of the year in advertising revenue is
expected to decline by double digits competed with the previous year.
(01:23:43):
Broader economic uncertainty, cautious client sentiment weighs on the advertising
spend are onny of that being this company not sprinking
this company at all, but just pointing out that it
was a week ago. What was it two weeks ago?
Maybe you can't remember. Anyway, we went to the market
and said we've got a better second half. Things are
on the improved numbers are upeople are spending, so there
are green shoots. And yet allegedly in the Land of
(01:24:04):
Milk and honey, the advertising in australia's drying up. So
what do you make of that? And then we come
to the best story from Australia of the week which
involves Gavin McPherson and I'll talk to the lads about
this in the commentary box on Monday. He's qualified for
the New South Wales Open, which starts today.
Speaker 9 (01:24:19):
Golf.
Speaker 2 (01:24:20):
Is that unusual? Well, yes it is because he is
the first person ever to qualify for the real New
South Wales Open by winning a virtual equivalent. He qualified
playing virtually on a simulator. He never actually took to
a course. He stood at home smacked balls into a screen.
(01:24:41):
So well that he's got entry to the New South
Wales Open. How's that work?
Speaker 1 (01:24:45):
Nine to nine The Mike Hosking Breakfast with Bailey's Real
Estate news dog ZEDB.
Speaker 2 (01:24:51):
New Zealand Cup Day. Of course, this weekend, biggest race
day of the week Rickiton, of course, so you can
get amongst the action if you want. Knowing the TV's
got to come with a race refund, so you back
a horse to win a race five at Rickerton and
even if it comes last, you're gonna get up to
twenty five dollars bonus cash back. How that's right, So
you win and get bonus cash back if your horse
comes last. So that's a second chance basically to keep
(01:25:13):
the excitement going on this massive day of racing. So
if you want to get amongst it, download the tab
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eighteen bet responsibly pasking the sawny yesterday watching a video
and it turns out to be so I was, did
we feature the John Lewis one. I don't think we
(01:25:34):
did the John Lewis one, the Christmas John Lewis one.
This is from Britain. They beg on the Christmas ads.
Just shocking, just like what was the point? It got
like really confusing and I thought this was silly. Anyway,
I stumbled uprom the Waitrose one that is a winner
and it's Lord knows how much they've spent on it.
(01:25:56):
It's about four minutes long and it stars Cure Nightly
in a love actually type role with another guy whose
name I can't remember, but it doesn't matter. He's famous
and as soon as you see and you go at
him and it's a it's slightly twee.
Speaker 9 (01:26:13):
So you were in the sauna yesterday with Kiarra Knightley.
Speaker 2 (01:26:15):
So they say, but anyway, how are you watching that?
What do you mean? How am I watching it? Like
on on a screen?
Speaker 9 (01:26:24):
So you've got a TV in your sauna, a.
Speaker 2 (01:26:26):
Phone in the sauna, what's the matter with you? A
screen of his phones in the sauna.
Speaker 7 (01:26:30):
For you're supposed to take your phone in the sauna.
Speaker 2 (01:26:32):
Of course, you're supposed to take your phone in the sauna.
That's where I do most of the prep for the
show in the sauna. Thirty two percent of what I'm
featured on the pregu this morning was done in the
sauna yesterday. It's why it's so hot. Five minutes away
from nine.
Speaker 1 (01:26:45):
Trending now with Chemist Wells keeping Kiwi's healthy.
Speaker 15 (01:26:49):
All year out.
Speaker 2 (01:26:50):
Anyway, the waitrosaid Kia Knightley. I reckon. It's absolutely brilliant.
Now let's speak of television. Pat McAfee's on ESPN, so
he's doing a live show for Veterans Day. He's at
the Marine Corps recruit depot on Paris Island. Who turns
up but Trump? So Trump turns up and everyone goes
Trump didn't Trump turn up on the Fox NFL, Yes
(01:27:10):
he did. So Trump's on Fox, and Trump's on McAfee
and everyone starts moaning about politics being mixed up and
mixed up in sports. So Pats had to address that
this morning.
Speaker 11 (01:27:18):
We also had the Commander in Chief on the show live.
Speaker 20 (01:27:22):
I believe it's the second time that a sitting president
has been live on an ESPN show. If you're against
what happened yesterday, I'd like to say.
Speaker 6 (01:27:29):
You hate the troops and you just go ahead and
swallow that and you can take that to where you
want to go.
Speaker 7 (01:27:33):
And a lot of people saying mean stuff to me.
Speaker 9 (01:27:36):
A lot of people say mean stuff to me.
Speaker 2 (01:27:38):
Yep.
Speaker 9 (01:27:39):
Got a lot of people that don't know what.
Speaker 4 (01:27:40):
A football looks like.
Speaker 9 (01:27:41):
Tell me the doyn't ever watch my show again. And
I would like to let you know, good you. Let's
move on.
Speaker 2 (01:27:48):
It's a bit mean, see. I mean, if he was
Kyle Sandalan's in Australia, he's probably now getting banned off here.
By the way, Today's game that I'm looking forward to,
I'm sort of looking forward to it because it's the
Patriot Jets, and I'm sort of getting in love with
the Patriots because the Patriots were once a thing and
then they weren't, and now they I think they are,
and so I like, but then the Jets are like,
(01:28:10):
isn't it amazing that New York can have that many
people and so many useless sports teams? I mean, how
does that actually work? I mean, the Jets and the
Giants are absolutely gobsmackingly continually forever useless. How is it
a city that big, that bright, that brilliant, count Prity
used to decent sports team. Anyway, That's that's part of mind.
We can along with the All Blacks naturally enough back
Monday from six Happy Days Only of Land, of course
Speaker 1 (01:28:40):
For more from the Mic Asking Breakfast, listen live to
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