Full Show Podcast: 16 May 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
New Zealand's voice of reason is Mike the Mic asking
breakfast with Bailey's real Estate, your local experts across residential,
commercial and rural news talk Dad, be you welcome today?

Speaker 2 (00:12):
What exactly does the Social Investment Agency do in what
is two hundred and seventy five million buy and has
cost to the right bloke to actually be running it?
Can we explain the food price spike at Winston Peter's
on the lament that this place is reaching new lows?
The America's cups off to napily? Richard Arnold, State's Murray
Olds does the business in Australia pasking seven past six,
Welcome to the day. I asked Youdith Collins if you

(00:33):
were listening, and I'm assuming you where I asked Youdith
Collins yesterday what's become of us? The user I was
referring to as this country? But I amended that in
my mind yesterday afternoon, when I read the first review
of Jake Tapper's book on Joe Biden, what's become of
all of us? Is now the question? As in globally
Biden didn't recognize George Clooney at a fundraiser, was your headline,

(00:57):
Tapper is making money out of a book on a object.
He should have been all over four years ago, but wasn't.
Most of the American media, in particular weren't either. They
knew Biden was what he was, but it didn't seem
to matter then, But now they can make a dollar
out of it. It's a story. Apparently this was raised,
indeed at the White House correspondents dinner, so it's not
like they are aware of how this looks. Jasindra Duone
falls into the same category. Of course, destroy the country,

(01:19):
runaway to Boston, write a book, collect the money. I
mean it's shocking. Sinner, the tennis player in name and
Act meets the Pope, having cut a deal with the
doping authorities not to miss any mages, and return to
his home tournament a hero and daddy of them all.
As the current American president. He offers White House tours
and a dinner if you buy his crypto I mean
houses possible. He tells you it's a good time to buy,

(01:40):
before he makes an announcement that he knows we'll move
the markets, no one seemingly doing anything about that. He's
about to collect a plane for God's sake that is
quite obviously illegal, and yet who is it that's going
to do anything about that either. Winston Peters had his
head in his hands this week when Brook let the
big word fly and he lamented the lack of stand
and it's all around us are seemingly new norms, more

(02:03):
and more indicators that what was once the right way
to go about business now doesn't matter. Punishments that once
addressed in discretions are now laughed at or negotiated away.
Moral five that kept you on the straight and narrow
not just gone, but jettisoned and replaced by contempt and arrogance.
If the President of America can bribe your crypto purchases
while flying on an illegal plane, and former leaders can
profit from negligence, and the fourth Estate can pretend to

(02:26):
be unbiased while ignoring the news and then cash in
on their ineptitude, is it any wonder More and more
of us long for the good old days.

Speaker 1 (02:33):
Wow, news of the world in ninety second the.

Speaker 2 (02:37):
News I'm sorry, Turkey seems to have been a bus.
No one of note showed up.

Speaker 3 (02:41):
Well, there can't be happening.

Speaker 4 (02:42):
We are in Ankara, in Turkey. We arrived here then
we're sending our group to Istanbul.

Speaker 3 (02:48):
He is not here. He is not is bull.

Speaker 2 (02:51):
We can't really even run after him around the world
looking for him. That's Zelenski true true traffic claims. It
was never going to show until he has a word
with him.

Speaker 5 (03:02):
Nothing's going to happen until putting.

Speaker 6 (03:04):
Did I get together?

Speaker 7 (03:05):
Okay?

Speaker 8 (03:06):
And obviously he wasn't going to go.

Speaker 5 (03:07):
He was going to go, but he thought I was
going to go.

Speaker 9 (03:09):
He wasn't going if I wasn't there.

Speaker 5 (03:11):
And I don't believe anything's going to happen with your
Lanka or not until he and I get together.

Speaker 2 (03:16):
You believe what you're hearing. Anyway, there does seem somehow
apparently on the Iran deal. Meantime, Sakia he had a
very bad day as well, after turning up in Albania
and talking about return hubs and how Balkan states being
return hubs as the UK pays them to take migrants.
So we are in talks with a number of countries
about return hubs and I see them as a really

(03:38):
important innovation. Unfortunately, he was standing next to the Albanian
Prime minister.

Speaker 7 (03:43):
We have been asked by several countries if we were
open to it.

Speaker 8 (03:49):
And.

Speaker 7 (03:51):
We said no because we are loyal to the marriage
with Italy.

Speaker 2 (03:58):
To A and the Albanian sipsm. Fortunately for Ka back home,
the economy produced a decent number that allowed Rachel to
glow crucally bring instability back to the economy.

Speaker 1 (04:09):
That stability gives businesses the confidence to invest and has
also given the.

Speaker 10 (04:14):
Bank of England the confidence to be able to reduce
interest raises.

Speaker 2 (04:18):
Then back in the Middle East to Mars has suggested
a couple of ideas around hostage releases.

Speaker 11 (04:21):
To allow aid to get intogether and to reach an end,
to guarantee an end of this war. Reginosoide, Yes, we
are ready to hunt over all the prisoners.

Speaker 2 (04:31):
I have finally harbord. They obstruck paid a nineteen forty
six their law school paid forty seven bucks for a
copy of the Magna Kata and copy put it away
in the library. Anyway, a bit of a development. Couple
of medieval history professors that've been having a bit of
a look at it. Turns out it's not a copy.
It's real, one of only twenty five. It was on
twenty four until they discovered this one. So it's one
of twenty five last time one sold and it was

(04:52):
twenty years ago. It sold for thirty six million dollars.
Here's the world in ninety Yeah, Rachel's UK economy thing
for the quarter. This is Jan, Feb and March. They
grew zero point seven percent. Is that good? It is
because they thought it would be only zero point six percent,
So they're taking all wins they can. Twelve past six.

Speaker 1 (05:10):
The Mic Asking Breakfast Full Show podcast on iHeartRadio, Power
by News Talk.

Speaker 2 (05:16):
SEB Netflix Overnight have announced that their ads supported platform.
So you remember they said you want ads or no ads,
and you would have thought in theory no ads, but
they made it cheaper if you got ads. So eighteen
bucks for no ads, eight bucks for ads. People loving
the ads. Ninety four million monthly active users globally, which

(05:36):
is an increase of twenty million uses. So you can't
get enough of the ads. Fifteen past six ye now
from Joe my wife Andrew Kellahy. Very good morning, Very
good morning, Mike fish Hot Sandford a back.

Speaker 10 (05:49):
Yeah, let's bring in the end of the week with
a positive announcement from a local company. And the reason
I could not I could not not talk about this
mic is because salmon makes a cameo entrance. And I
know you have had a passing interest this week in
the price of salmon.

Speaker 2 (06:05):
In all honesty, if I said to you, how much
is salmon akilo hot smoked salmon, would you have said
one hundred and twenty odd bucks?

Speaker 3 (06:11):
Now, not at all.

Speaker 10 (06:12):
So I went to buy some snapper the other day
and it was fifty seven That's what I thought if
you had the skin on, and I thought, you know,
it's forty four bucks without the skin.

Speaker 2 (06:20):
I went without the skin.

Speaker 8 (06:22):
Yeah.

Speaker 10 (06:22):
But so now I'm not going to talk about the
price of salmon, but salmon does make a cameo interest.
We're talking about Sanford half year result released the Insects yesterday.
This is an excellent half year result Mike, So just
run through some of these numbers here. Revenue two hundred
and eighty six million that was up three point six percent,
but adjusted earnings fifty four million that was up forty percent,

(06:44):
Net profit after tax up one hundred and ten percent,
and net debts for the company is down twenty five percent.
Home sixty five million. What a wonderful set of numbers are.
This is new CEO at Samford David Meyer. He has
come from Scaler up. You can see it almost reasonably
immediate impact on the company. You can see improved efficiency,
that's cost out cost cutting exercise, going cost out exercise.

(07:06):
He brings a reasonably analytical and we think a reasonably
returns focused management style to this business. Now, this is
where the salmon comes in MIC, because the results are
flattered a little bit because they've pulled forward some of
the salmon harvesting.

Speaker 2 (07:20):
Now, part of that was.

Speaker 10 (07:21):
To do with trying to get it out there before,
to get the export stuff out there before the tariff's
kicked in. The flip side of this is that the
second half could be a little bit softer. But margin's
generally looking about our strong cash flow capex as well managed.
The CEO is looking close to your debt. The goal
is to get that if they can down to zero.
Dividend has been trimmed a bit to sort of support

(07:42):
that companies on a bit of a turnaround MIC. But
if you're a shareholder, you'll be very happy. Four and
a half year high for the share price. Late last
year the share price under four bucks. It's now five
dollars twelve.

Speaker 2 (07:53):
Good news, YEP to celebrate big Daves on the showe
in about fifteen minutes. Wonderful. We can explain this. Count
dairies up, coffees up and we know why. Therefore you
know what do you do?

Speaker 10 (08:05):
Yeah, there's a look the food. Look here we're talking
about that. These are in staying on the price of food.
These are the selective price indexes released yesterday. Now there
are a number of the number of issues I think
when we talk about the start. So it's a massive
dump of data that fees into the CPI. CPI is
only released quarterly. This data, this data contains about covers
about half of what's in the CPI for the first

(08:27):
time yesterday, make it did include also electricity and gas,
so that will be closely followed and I think commented
on as that data builds out. Electricity prices in April
jumped by about and it's an average of about ten
dollars a month across the country because that because the
price rises on one April. That's to do with the
network charges. For the record, a monthly lift of two

(08:48):
point three percent for electricity and one point one percent
for gas. But that's very early days for that data. Yeah,
the big talking point was food price. MIC Food Group
lifted zero point eight percent for the month and is
now at three point seven percent on an annual basis.
And yes, there are some reasonably well known culprits in there,
but if actually look across it, mike three point six
percent rise annually for meat, poultry, and fish. Grocery food

(09:11):
is up five point two percent, non alcoholic beverages six
point eight percent. So there are signs of a little
bit of pressure.

Speaker 2 (09:17):
I'm not quite sure why.

Speaker 10 (09:19):
And we have got these specific issues as you talked
about this dairy and this and this coffee, but overall,
the select the selective price in next we're a little surprising,
a little surprising to the upside. And the economists out
there they crunch the numbers and they try and estimate
overall inflation.

Speaker 2 (09:37):
They're sort of getting the thing. It's running.

Speaker 10 (09:39):
It's sort of currently running about point eight point nine
for the quarter. So that's higher than the current levels.
That is the potential micro inflation to push into the
high tubes. That's probably a little bit harder than you wanted.
But yeah, you got sixty five percent lift and butter
in there in instant coffee up twenty one percent.

Speaker 2 (09:55):
Is that story of the week. Instant coffee eight twenty one,
one hundred grams work out on a price for a
bag of beans bag of beans, fresh coffee is cheaper
than an instant coffee. How the hell is that work? Crazy?

Speaker 10 (10:05):
Absolutely crazy, and quite frankly, I prefer the real stuff.

Speaker 2 (10:09):
But you've got to put the skin back on the fish.
What are the numbers?

Speaker 3 (10:12):
All right?

Speaker 10 (10:14):
It's hard to cook to the Dow Jones Dow Jones
one hundred and thirty six points overnight forty two thousand,
one hundred and eighty six. That's point three percent. The
S and P five hundred also at point three percent,
five nine to one.

Speaker 6 (10:25):
Oh.

Speaker 10 (10:25):
The mark there and the nasdak over nineteen thousand, nineteen
thousand and ninety it's actually down fifty seven points as
we're looking at the moment, forty one hundred eighty six
three three up just over half a percent. The nickave
lost about one percent, yes say, thirty seven thousand, seven
hundred and fifty five. Shanghai composite down points six eight
percent three three eight oh. The Aussies yesterday gained eighteen points.

(10:46):
The A six two hundred eight two nine seven the
close the n six fifty had a good day at
one hundred and one points, getting ever closer towards the
thirteen thousand level twelve thousand, eight hundred and eighty one
key we dollar on the wholesale markets will buy two
point five etes six nine in US point nine one
six seven eight point five two five to Euro point
four four one six pounds eighty five point five three.
Japanese y end gold is trading at three thousand, two

(11:09):
hundred and twenty two.

Speaker 2 (11:10):
Brings down Iran. It's down, tell me sixty four bucks. Okay,
just a bit over. You have a good weekend. Andrew
kelliher Jmiwealth dot co dot m Z pasty zero, well done.
Increase the profit by close to a third. Revenues up
margins or up. Subscriber numbers are up net profit two
hundred and twenty seven point eight versus one seventy four
revenue two point one billion versus one seventy subscribers four

(11:33):
point four million around the world. It's a great New
Zealand story. Six twenty one. Ereic News Talks.

Speaker 1 (11:45):
The Vike Hosking Breakfast Full Show podcast on iHeartRadio, powered
by the News Talks at.

Speaker 2 (11:51):
B Now just to wrap house scintillating coverage of the
Philippines election this week. I didn't realize how slow a
counter they were, but nevertheless we seem to have got there.
Marcos v. Deterte Marcos the President, Deterte, daughter of Vice President.
She wants to run on a couple of years for
the president. They want to wrap her up in some
sort of scandal. Accuser of a whole lot of dodgy behavior. Anyway,

(12:13):
the Senate was the key, and if the Marcos candidates surged,
they would be able to wrap her up and get
her out of the race. If they didn't surge, she
was free to run. So hasn't gone well for the
Marcos camp. They've won four of twelve, so she will
be set to run in twenty seven, twenty eight. The
big story being that Daddy who's wrapped up at the
Hague currently with all sorts of charges. He won the
mayalty of his local town, so he's going to be

(12:35):
running that from jail six twenty.

Speaker 1 (12:37):
Five trending now with Chemis Warehouse, Mayhem megasale on.

Speaker 2 (12:42):
Now, I reckon, this is astroker genius? Is this game show? Right?

Speaker 3 (12:45):
Fox?

Speaker 2 (12:45):
Have come up with that? Greg Gutfield. If you follow
Fox you'll know who he is. The game show is
called What Did I Miss? They put four people in
a remote house for three months first three months of
Trump's presidency, no phones, no radio, no TV, no communication
to the outside world at all. They bring him out,
what that reckon happen? And whether out righteous things with
true or not.

Speaker 12 (13:04):
I think Travis and Taylor are still together.

Speaker 3 (13:07):
Yes, yes, do you think they got married?

Speaker 8 (13:09):
No?

Speaker 3 (13:10):
We know nothing. We really don't about everything, and.

Speaker 12 (13:13):
Things are like a war.

Speaker 13 (13:15):
I think they'd at least let us know.

Speaker 8 (13:18):
What.

Speaker 12 (13:19):
I think when I'm out of here, I'm going to
be a millionaire because of Dolge Coin. I think that
because he had the douche thing with Vivic. I think
that Dolge went to the freaking move and I think
we're all set when I.

Speaker 8 (13:30):
Get out of here.

Speaker 12 (13:31):
I literally think that crypto is booming now because of Elon.

Speaker 7 (13:35):
I don't think you don't think.

Speaker 11 (13:36):
So, not yet.

Speaker 2 (13:38):
What about Tariff's Liberation Day?

Speaker 3 (13:41):
Was it real or fake?

Speaker 2 (13:43):
Just the fact that it says terriffs on every country
on Earth? No, I think it's.

Speaker 14 (13:51):
What every contro on Earth is there.

Speaker 3 (13:53):
Jiffs was so good.

Speaker 1 (14:00):
Ter Yeah, he held this little chot.

Speaker 3 (14:05):
He had this little chot. It was every country.

Speaker 2 (14:08):
Initially, he even tariffed a land that was not even
populated by humans but penguins. It's crazy and it's real
and we're living in the middle of it. Scotus. By
the way, the Supreme Court they're hearing at the moment
the birthright Citizenship Order. So if you're an illegal your
land in America, you have a child, that child, this

(14:30):
is the fourteenth Amendment, is an American Trump says that
rule needs to change. He made a ruling. Some courts
jumped and said you can't do it. Fourteenth Amendment. The
fourteenth Amendment is in front of the Supreme Court as
we speak. So that's another one that's well worth following.
Richard Arnold in the States, of course, in the next
half hour of the program, and the aforementioned Sandford the

(14:50):
salmon surely Salmon's the story of the week. Will sent
me there's on this program. We'll talk more about Samford
after the news, which is next. You're a newstalk said be.

Speaker 1 (15:04):
Mike Hosky. We've been stateful, engaging and vital. The Mike
Hosking Breakfast with a Vita retirement, communities, Life, your Way News,
togs Head been Mike.

Speaker 2 (15:15):
Let Andrew know that skin on fish is really Amiga three,
as it's not only easy to cook, but the taste
of crispy skin snapper of superb. He doesn't realize what
he's missing. Yeah, I was taking a back of ye
and he's a bright guy. But twenty three minutes away
from seven, Richard Arnold state side with you know what
shortly well in a week speaking of fish will in
a week we spend quite a bit of time on
the old smoke salmon issue. Are having discovered you're paying

(15:36):
well in excess of one hundred dollars a kilo. Sandford
come to the party, as you heard before, having more
than doubled their half year profits. They're making big gains
sales wise and places like China and the States, which
is good. David, Mary Sandford's managing director, and is with us.
David morning, Good morning, Mike. How are you very well?
And as Andrew alluded to a couple of moments ago,
you knew wish to the company. Are you enjoying it?
And is it a good company?

Speaker 11 (15:59):
I'm enjoying it. I've been there just over twelve months,
and yes, I am enjoying it. And is it a
good company? It will become a great company soon.

Speaker 2 (16:08):
Okay, what are you doing?

Speaker 11 (16:11):
What am I doing? I'm reviewing. I'm reviewing almost every
process within the business. So I think it's fair that,
like a lot of New Zealand companies, Centered went down
a path of trying to add value. And that's interesting,
but you have to be very clear that you're adding
more value than you're adding cost. So for many, many years,

(16:31):
more than probably nine years, i think, and many companies
have done this, particularly in the meat industry and things
like that. We're told we have to add value. It's
near it's I think Centered's products, they're great products, like
you mentioned salmon. Our products are fantastic when you see them.
But the reality is it's near commodity. We're price takers.
People don't like to hear that there's something wrong with

(16:53):
a commodity business run well, they can be very profitable,
they can be very good for employees, they can be
very good for shield.

Speaker 2 (17:00):
How competitive is the market.

Speaker 11 (17:04):
Well, if you're a post, the market decides your price
and price structu straight through to ebit. So price is
incredibly important. So often as I go through these processes
with teams. I remind them that really there's no such
thing as revenue. This price times the volume for each
for each item that you sell. So it's really important
to understand. You know, if there's a five percent change

(17:25):
up or down in price, it drops through as soon
as the invoices go out. Five A plus one is
five percent on volume. You don't know. It depends on
your cost structure. Most companies do not have a sorry,
most companies do not have a plan to improve productivity.
Yet we argue about what we should be paying. We've
got this living wage stuff and everything going on. If

(17:47):
you pay people more money but there's no productivity, there's
a natural into.

Speaker 2 (17:52):
That, correct, right? Is there a story to be told
around one New Zealand as the producer of this product
and two the health bit to fish?

Speaker 11 (18:05):
I think there is so again, you know, I'm sure
you know. I worked at scalar Up for a number
of years since twenty eleven. I was managing directed there.
So my sort of view is New Zealand's tiny in
the scheme of things, and there's one thing they want
from us, and it's high quality protein. And so when
I was at scalar Up. I thought a lot about milk.
I was on the board of A two milk from
two thousand and eight to two o one five. To me,

(18:27):
that's something we just need to get our head around.
It's not about branding our fish necessarily. I mean, the
King salmon is fantastic product, but it's competed the volumes
of Atlantic sealmen. It's almost nothing. You're talking about health benefits.
I think there are health benefits, but you can't rush
and spend a lot of money and suddenly think you're
going to sell the benefits of health products into China.

(18:49):
It's just thought wherever. It's just very, very difficult, and
you know, a game with health products, you've got to
be careful about claims. So you know, the A two
experience was good, good learning there. But I think one
thing I should say is I when I took on
this role, I agreed with Sir Rob that year and
one other director that this is at least a two

(19:11):
year turnaround. So the results are pleasing, and I hope
our team feel proud of what they've achieved. But at
the same time, this is just the start. That's what
I meant.

Speaker 2 (19:21):
That's soon good well, I wish you the best with it,
and we'll talk more about it as the turnaround continues.
Appreciate your time. Congratulations David Meyer, who's the Samford managing director.
I have more to sound gun Boots. Funnily enough, just
when you said, scaler up a winning but more late
nineteen minutes away from seven.

Speaker 1 (19:36):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks AP.

Speaker 2 (19:42):
Now, if you're still watching your favorite tally on last
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I ask you this question because we'll have Chris Quinn
from Foodstuffs on the program later on. Andrew alluded to
it briefly. Food prices up three point seven percent for
the year. End of day for everyone goes, oh my god.
Question for you if you can explain, and the explanation

(20:49):
is good for New Zealand Inc. Why things have gone
up so much, i e. Butter, milk and cheese and
the explanation being we're selling to the world at prices
we never have banking coin like no tomorrow. If that's
the explanation, are you happy ish enough to pay the
extra six forty.

Speaker 6 (21:08):
Five International correspondence with ins and Eye Insurance Peace of
mind for New Zealand business.

Speaker 2 (21:15):
Richard ild very good morning to you. Good He made
so a lot of build up and then nothing. What
the hell happened there?

Speaker 14 (21:22):
Yeah, that's the perfect side effect, a complete dud. What
was hoped to be the first direct talks between Russia
and Ukraine since Putin invaded the country three years back,
Trump saying he wanted a thirty day cease flower initially
so Ukraine. Selenski said, okay. Trump then said he wanted
to see peace talks start in Turkey, and Selenski said
he'd be along, and he is. Trump then put out

(21:42):
the suggestion that he might be there as well. But
that's when Putin slammed on the brakes. Putin suggested he
might attend. Then he sent along a junior team, not
even including the Russian foreign minister. So but not the
B team. It was more like the sea team. Says
analyst retired Admiral James Stavriders.

Speaker 11 (21:58):
I think it's frankly an insult to the President of
the United States, and I think Putin ought to wake up.

Speaker 3 (22:05):
Well.

Speaker 14 (22:05):
That left Trump twisting in the wind. Instead of Trump
thinking about flying in for those pivotal piece talks that
he had initiated, he is left on the sidelines claiming nay,
he never planned to go to Turkey, specifically, even though
it was Putin who withdraw from the meeting first. Trump
suggested that he expected this so long. I didn't anticipate.

(22:26):
I actually said, why would he go if I'm not going?
Because I wasn't going to go.

Speaker 5 (22:30):
I wasn't planning to you. I would go, but I
wasn't planning to go, And I said, I don't think
he's going to go if I don't go.

Speaker 14 (22:36):
So who was first in planning not to go? Meantime,
Marco Rubio, the US Secretary of State, just flew in
but says he won't be meeting with the Russians without
top level officials along as Lenski says his team there
will send a low level delegation now to take part
in talks in Istanbul with the junior League Russians. He
slammed the Kremlin for disrespect quote unquote and said the

(22:57):
Russians not being serious about peace efforts. Ukraine has been
called cynical about this all the long. Meantime, there's word
that Russian troops are massing yet again on Ukraine's eastern borders.
So is this a moment for expanded sanctions on Russia
as the Europeans seeking? And what will Trump do now
that he's been publicly rebuffed by Putin. All the while,
Trump is of course continuing his trip to the Middle East,

(23:19):
but not Israel and in Kata. Having seen Trump greeted
by the jets and the horses in Saudi Arabia, they
kind of up the game, didn't they. They had more
fighter jets the companying Air Force one and along with
prancing horses, they had camels and as well a convoy
of red Elon musk cyber truck to accompany Trump at
the Bendy Place where they were all met by sword

(23:40):
waving dancers. So, yeah, what's the bar now, Mike? Then,
on that four hundred million dollar Katari plane he wants,
Trump made things pretty clear in his latest interview with
Sean Hannity on Fox, where he looked out the window
of the current Air Force one jet eyeing the fancy
planes with the princes and the Middle East and potentates,
and he said, see how nice those planes are? How's
is crappy? I want one of those?

Speaker 2 (24:01):
Then, you, Cohen, I was watching RIFK yesterday and the
bin and Jerry arrest and all the other nonsense, and
he's got a.

Speaker 14 (24:06):
Show, right, Yeah, he is, of course, Trump's health secretary
these days, is known previously for many things, introducing other
members of the Kennedy clan in their younger years, to drugs,
having a worm in his brain, leaving the dead beer
cub in Central Park. So he appeared before US lawmakers
on Capitol Hill, as you say, first official appearance before
American politicos, where he was questioned about plan cuts in

(24:30):
medical spending at agencies that he after all overseas. He
was quizzed about vaccines. Being notorious vaccine skeptic, he spoke
of his concerns for some vaccines in the past, even
though he had his own kids vaccinated. He was pressed
about the vaccines for measles, where cases are growing right
now in many US states in ways we haven't seen
in decades, due in part to fewer folks getting vaccines

(24:52):
for their kids. He was asked about the vaccines for
measles and polio, among others.

Speaker 10 (24:57):
Probably from measles.

Speaker 5 (25:00):
You know what I would say is my opinions about
vaccines are irrelevant.

Speaker 3 (25:05):
Don't one of means it will seem like I'm being
a vasive.

Speaker 14 (25:07):
Yeah, I don't think people should be taking advice medical
advisor me shouldn't be taking medical that's his job running
the health advisory agencies. That's exactly what his assignment is. Meantime,
there's been a lot of attention on RFK going swimming
the other day in a place called Rock Creek, where
swimming has been banned for decades because this place is

(25:27):
a sewage outlet. The water is filled with quote unquote
fecal matter and deadly bacteria. But there's the Health Secretary
dunking his body fully underwater and encouraging his young grandchildren
to do the same. So what's this stuff, Grandpa? You
don't want to know?

Speaker 2 (25:42):
Well, I might see next week. Richard auld states And
by the way, some more court action. Told you about
Scouts early on. But Elon Musk's America Pack they're being
sued because they allegedly didn't pay the swing state voters.
Remember the Blon went into various swing states, including Pnsylvania
where this thing started, And you'd give you money if

(26:03):
you signed up to their class action and you know,
and voted for Trump and you'd get a few hundred
bucks and stuff. Anyway, apparently they never paid, so they're
a bit upset about that, so they're taking him to court.

Speaker 1 (26:14):
Ten away from seven to the mic asking breakfast with
a Vita retirement Communities news togs had been.

Speaker 2 (26:20):
All have you noted it? But I can't remember it
was on the show and Ound News or whatever it was.
But Marco Rubio was saying that Trump is committed to
this process until peace is found, which is of course
the exact opposite to what they were saying a couple
of weeks ago, where they said, yeah, either cut a
deal or we're gone. So which is it. Meantime, yesterday

(26:40):
Trump met the Syrian bloke who's really good looking in
a tough guy, and today he met the UAE bloke.

Speaker 5 (26:47):
You and I have been friends for a long time.
We've been good friends. And what they don't know about
you is that you are considered a truly great warrior,
and you've been through the wars. You're a great war
a very strong man, a brilliant man, a man of
vision like few others, like few others, and highly respected.

(27:09):
When they know you, there's tremendous respect, and you're so
respected in the Middle East. I have absolutely no doubt
that the relationship will only get bigger and better. Your
your relationship and mine can't get better. So I can't
say it's going to get better because it's at the
highest level it can be.

Speaker 2 (27:27):
It's going to get better until it can't get better
because it's help. How parallel universe is all this just
this morning and the first down of this point. How
parallel universe is this five minutes away from seven.

Speaker 1 (27:41):
Well the ins and the outs. It's the bizz with
business fiber, take your business productivity to the mixed level.

Speaker 2 (27:48):
Good housing news Q two our real estate incident. How
can it be for Q two? Q two is not
over all for the start of Q two and goodness
for that our real estate institute. So we've got April
so sixth consecutive month of up zero point four for
the month. So that's good. Our highest monthly gain since

(28:08):
feb of last year. Only three regions went backwards gismon
hooks by Wellington. Wellington's now down four point two annually.
We all know why. Nelson largest increase up two point six,
that's just for the month, two point six for the month.
By Plenty up one point two just for the month.
Other side, sales have softened after some good movement and
Q one so first fall on sales since January sales

(28:30):
down one point three percent. There's a lot out there,
a lot of houses out there. Gisban features again, highest
increase in sales at eleven percent. It's a lot of sales.
Tasman biggest drop twenty six percent. That'll be noisy number.
Something you will have gone wrong there. Wellington down eight
point four We all know why. Still takes an average
of forty four days to sell a house. Wellington again,
the main center where it takes the longest. We all

(28:51):
know why. Overall, the market are still going to favor
buyers for the near future. Inventory currently one point eight
times higher than the housing boom of November twenty twenty one.
They think prices will continue to gradually recover, especially as
they predict not fifty but seventy five basis points. So
the ocr is really interesting. They're coming up at the
end of the month, wrap in twenty five, no worries

(29:12):
is there another twenty five? Yes? Is there a third
twenty five? This is where the debate gets interesting. Increasingly
banks are saying yes. Some banks are saying neutrals at
two seven five not three. I think, and I could
be making this up and it wouldn't be the first
time I've done that. Somebody who was suggesting neutral at
two point five that could be me. Actually, I think
I'm probably suggesting neutral.

Speaker 15 (29:31):
We had a good listen to yourself and you thought, man,
that guys sounds like he does he's talking.

Speaker 2 (29:34):
I reckon, well, I mean Andrew kellaher this bit we've got.
I said, we're betting plus five points or five percent
for house growth this year. He came straight back and
he said, you said seven, And I said no, I
did not. Then he produced the evidence that said I
said seven. So I'm now between a rock and a
hard place, having been caught out by hoisted by my
own petard. So it seems seven. So I'm a bit

(29:56):
worried about.

Speaker 1 (29:56):
That news opinion and everything between the mic Hosking breakfast
with the range rovervillare designed to intrigue and use tog sed.

Speaker 2 (30:06):
B falling seven past seven to around out a week
of pre budget news. We've got one hundred ninety million
towards the creation of this new social Investment Fund. Broadly,
it's to stop the ambulance at the bottom of the cliff.
Stuff we do in social issues in this country. Round
about twenty initiatives get money Andrew Costs, the boss of
all of this, andys, well, that's very good morning to you.

Speaker 4 (30:23):
Good morning, Mike.

Speaker 2 (30:24):
This could be wooly and feels and a disaster. What's
going to stop it? Being so.

Speaker 4 (30:31):
Of the way government spends at the moment is not
getting us ahead of the problems that we see playing
out every day. At the point you've got a young
person driving a car into a shop or doing some
other stupid thing. There've been many missed opportunities in the
years before to make a difference. And that's what this
fun's about.

Speaker 2 (30:49):
Are those twenty initiatives that you've looked at, are they
at a place where you can look at them and
put your hand on your heart and go tell you
what these going to work.

Speaker 4 (30:57):
We've got three initiatives that were announced, y did. They
were first cabs off the rank. They are exciting because
they are really they're cross cutting. They look at what's
required to support the families where these issues are sitting.
And there will be many more out there. But the
funding doesn't start till one July, so this is going

(31:19):
to roll out over.

Speaker 7 (31:19):
The next year.

Speaker 2 (31:20):
Does this money come from other areas of social agency
at the bottom of the cliff. In other words, we've
accepted failure there, so have some money up front or
is this yet more new money?

Speaker 4 (31:31):
This fund is established with new investment in budget twenty five.
But an important part of this is looking across social
spend and shifting it towards higher impact. And at the
moment we don't have a good idea of what the
actual result is of the money we spend. We get
lots of activity that we can't tie it to outcomes.

(31:51):
This fund will work in quite a different way in
tracking the results, and that creates opportunity for funding to
move to the place where it can be best deployed.

Speaker 2 (32:01):
See I conducted any number of interviews about a ring
a Tamaiki. Our ring of Tomriqui was going to be
turned around and we were going to find and yet
there's yet another report that says it's basically useless. It
doesn't work. So what's preventing your agency being the same thing.

Speaker 4 (32:17):
One of the challenges when you're working in a narrow
portfolio is the portfolio will tend to prioritize the things
that are near m like think current electoral cycle, and
that are tightly within that portfolio. This fund is portfolio neutral.
It's more concerned with supporting change in the families where

(32:38):
that needs to occur, rather than treating the symptoms of
problems that might present day to day.

Speaker 2 (32:43):
When will you be able to come on this program
and say here's what we did and here's what happened,
and that's positive.

Speaker 4 (32:51):
It'll take us probably the first year to start seeing
some results coming through. You know, if I say to
you we'll have results in three months, then I'm falling
into exact the same trap of all of our other spend,
which is it's reactive. It's trying to paper over the
cracks rather than shift the dial. But we'll start to
see our results in the fifty year of place.

Speaker 2 (33:09):
I wish you well. Andrew cost A, former police Commissioner
of course CEO these days of the Social Investment Agency.
Ten minutes past seven, Right, the headline number is a problem,
but can it be explained away to a degree? Food
prices have spiked three point seven percent for the year,
well above inflation, So warp warp problem, devil in the
detail dairy and coffee, so milk fifteen point one percent,
cheese twenty four fortunately, but is still a bargain having

(33:32):
only gone up sixty three percent. Chris Quinns Food Starts
New Zealand Managing director and as well as Chris, very
good morning to you.

Speaker 11 (33:38):
Good morning Mike.

Speaker 2 (33:39):
I mean the way you can explain that is and
I'm sure people don't like it, but we are paying
the price for our dairy success. I mean that's part
of the story, isn't it.

Speaker 11 (33:46):
That is and it's it's a fantastic part of the
story for New Zealand. So a dairy and read meat
in particular being very very strong. The impact on consumers
is clear, and you set out some of the numbers
that we're starting to see. We're pleased this month we've
had our lowest retail price increases for the year so far,
so food stuff stores only two point four But this

(34:07):
pressure is very clear on those products that we're reading
great export revenues from.

Speaker 2 (34:12):
What see I can't I mean short of it being data.
And it's interesting to chat about if you know that
we do well out of cheese and fairy, and you
knew that coffee was coming because climatically it's a problem
and therefore chocolate is in the same category. And you've
also got fruit and vegetables, which I note have gone up,
but that's the climate and we can do nothing about that.
What's the point of all of this because it is

(34:33):
what it is.

Speaker 11 (34:35):
And I think people do understand that way better now.
I suspect because we just did a survey in April,
just as we do every month, talking to our customers
about what's on their minds, and over half of New
Zealanders said, Look, we understand that suppliers product costs are
going up. We understand international imports, we understand shipping and freight,
and we understand that the cost of operating businesses is higher.

(34:55):
So there is some understanding up there, but none of
that makes it easier on our household in terms of
meeting budget. So that's why we're working really hard to
try and keep our retail increases off the back of
all of that lower than all of those cost increases.

Speaker 2 (35:08):
Right, So can you look through once we've taken out
that stuff that we can explain, can you look through
these numbers and see that there's no gouging going on
the supplied side of It's not an issue the transfer
all the other stuff that is inflationary, that's still under control.

Speaker 11 (35:23):
Look, I think we know our profits because they've been
examined multiple times, so you know, we've been very clear
and very public. We retain about three point six cents
profit after tax of every retail dollar and that's what
funds and pays for everything we do. We don't know
enough about the rest of the supply chain, but we
do know that these pressures are pretty consistent. We see

(35:44):
the global demand. So now I think consumers and New
Zealanders should be able to rely somewhat on the fact
that we're very focused on price. We just publish something
where we compared twenty of our biggest selling products to
Aldi and Australia out of pack and safe, and that
basket products was eight percent cheaper in New Zealand.

Speaker 13 (36:02):
After you those GST Well that's interesting.

Speaker 3 (36:05):
Yeah, it is.

Speaker 11 (36:06):
It's you know, I think facts do matter a little bit.
I know they sort of can appear pretty pretty complicated,
but keeping it simple like that matters.

Speaker 2 (36:14):
Okay, nice to talk to you. You have a good
week in Chris Quinn food stuff, speaking of which the
tea minutes passed us Husky. This instant coffee things fascinating.
So all for years in this country, as we developed
a cafe culture, the instant coffee was you go to
sixties the last time I checked the stats, and it
won't be the same anymore. But last time I checked,
sixty six percent of people drank instant coffee versus the

(36:34):
so called real stuff. And the so called real stuff
was not drunk by many people because it was as
smarty pants stuff. It was for rich people, it was
for downtowners, it was for the Pontsmbe dwellers, the Kelbyn dwellers,
the Maldi Hill dwellers. And yet I find out remarkably,
because of course I didn't drink instant coffee, never have,
but I find remarkably that the price of instant coffee
is eight dollars twenty one on average, eight dollars twenty

(36:56):
one hundred grams. Work that out to a two hundred
and fifty grand packet. Youre talking about sixteen to twenty dollars.
You're paying less for beans, in other words, the so
called flash stuff. So the fresh stuff, the good stuff,
the stuff you aspired, it is cheaper than the crap
you've been paying. Do you realize that? Fourteen past.

Speaker 1 (37:13):
The High Asking Breakfast Full Show podcast on iHeartRadio, Howard
By News talks at B news.

Speaker 2 (37:20):
Talks would be very good news. I alluded before the
seven o'clock News to the possibility that I was making
up a neutral rate for the cash rate, which is
the RB coming in before the end of the month
at two point five. I wasn't. I didn't make that up.
As it turns out, A and Z a running at
a two point five, and I would tend to agree
with them. It's certainly somewhere between two point five and
two point seventy five. I wouldn't get overly excited if
that means big cuts still coming to the retail end

(37:41):
of the market, because although there is a link between
the cash rate and the retail end, it's not as
great as you might anticipate. So, in other words, that
it goes from where it is at the moment down
to two point five, you're not going to get the
same equivalent at the retail end for your mortgage. But
be that as it may, things aren't moving quite the
way they thought they were in terms of the recovery.
There's no question in recovery is on, but it's a

(38:03):
bit slower than they thought. And that's before you get
to this alleged inflation, which is not just here. When
you talk about the food prices, it's all over the world.
That's there's a creep on and the trick is if
you can offset it with growth, great, it's not the
end of the world. Unfortunately, I don't know that we're
going to be able to offset it with growth, which

(38:24):
is about the worst case scenario you can have. Somebody
we quoted this week and I can't remember who it was,
still picking two point what was at six or seven
this year? I hope they're right ree instant coffee. So
I the things haven't changed. That's what fascinates me because
I haven't done these numbers for years. So seventy percent
of fifty to sixty fives, seventy percent drink instant, sixty

(38:46):
six percent of thirty fives to forty nine's drink instance,
and fifty seven percent of sixteen to thirty four, So
that change that cafe culture thing has changed, but not
to any great degree. If you average those numbers out,
you're still talking easily two thirds of New Zealand drink
instant coffee. Now, if you can tell me that you
drink instant coffee because it is absolutely delicious and the

(39:07):
greatest thing you've ever tasted fantastic, because that's your choicing.
You do whatever you like. But the traditional argument has been, well,
instance cheaper, and I'd love to have it, because people
go out to the cafe, don't they go tell you
what we're doing this Friday. We're going out for a
real coffee or we're going out for a flash coffee.
And so it was all predicated on the idea that
instance is a bit cheap, but crap, and you drink
what you can afford. And yet I'm now telling you

(39:30):
that instant coffee is more expensive than beans, and beans
are better. So why are you then still paying more
money to drink an inferior quality product? That's what I
want to know. Quick question on this too. I'm going
to read you two headlines, and this is why you
should never ever again listen to a single movie review.

(39:52):
You should make up your own mind. Headline number one
jaw dropping dared Devil, Tom Cruise and his Mission Possible
wows can't. Headline number two The final Reckoning is three
hours of nonsense that will make you wish for the
world to wind. So which is it? Why would you
listen to somebody's view because everybody's view is completely different

(40:15):
on any given thing in life. Foulest movies, So is
a movie good? Who make up your own?

Speaker 7 (40:20):
Well?

Speaker 15 (40:20):
No, so you have to do it over a period
of time. So over time, I've learned that you've got
absolutely no taste and television, for example. But I when
that you like something, now I know that that means
that it's terrible.

Speaker 13 (40:34):
So you know what?

Speaker 2 (40:36):
So therefore you you know that you can.

Speaker 13 (40:38):
So what you've got to do then is build up
a body.

Speaker 15 (40:41):
Those reviewers you go back and see if they matched
up with your tastes or not.

Speaker 2 (40:45):
That's that's quite a good point. I'll give you that one, Glenn,
about that you have a terrible taste in TV. Damn
it more. In seven twenty will mark the week.

Speaker 1 (40:56):
The make Hosking Breakfast Full Show podcast on iHeartRadio, how
If by News Talk.

Speaker 2 (41:02):
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(42:08):
pasking it's the best now seven twenty four times now
to mark the week, the little piece of using current events.
It's more fun than watching Westmere get exercised about helicopters.
Trump seven.

Speaker 5 (42:18):
I don't think it's never met anything like that.

Speaker 2 (42:20):
It's a circus most of the time. But I mean,
what a watch a turkey read free planes? Mad sucking
up the village, people trade the market's just another week
pay equity six because this is a good old fashioned
left and right truth and lies ideological scrap that has legs.
Brook van Velden eight.

Speaker 16 (42:36):
No woman in this parliament, not in this country, should
be subjected to sex based discrimination.

Speaker 2 (42:43):
Because she took her moment and she ran with it
and quite possibly turned the dial her way. China six
because it turned the market. But on what ah the
deal appause tariff as higher than they were for goodness sake,
no real resolution. That's how mad all this is. Smoked
Salmon seven Revelations Story of the Week, Letters from all
over the world. A mad insight into eyewatering prices. Are
the police? For see, they promised five hundred. They're not

(43:05):
going to do it. That's a loss. Family Boost four.
They didn't deliver anywhere close to the numbers they said
they would. It cost millions to administer when they said
it shouldn't cost a lot to administer. Ryan Fox eight
Living the dream. It's not only wonderful when it's you,
but equally wonderful to watch. I reckon. The worry is seven.
Surely the doubters have been well and truly silenced by

(43:26):
an hour exactly the super fun seven news of our
first withdrawal, reminding us of the power of savings and
wise investment. Are the budget hints six see from school
attendance to Q we save the moves to that social
investment we were talking about a moment ago. It looks
to have promise on a very tight set of numbers.
Are the ID seven. It's amazing what a new computer

(43:48):
and a new attitude can do, isn't it? The student
loan crackdown, the unpaid tax crackdown? More please? Are the
unions and their work from home claim three? Wouldn't it
be amazing if, just for once, they actually look like
they might like work and productivity and dedication and getting
ahead instead of their incessant misery. Mari Road science too.

(44:10):
It's got to stop. The government said they would stop it,
Well stop it. Auckland FC nine. The other part of
the season starts this weekend. Whatever way you slice it,
I reckon, it's the sports story of the year domestically,
and that is the week coffee is on the website

(44:32):
and special editions of this word printed this week using
glow and the darking for the forty thousand flicks customers. Wow,
how many cups? I knew you'd ask this because you're bright.
How many coffees do you get out of a jar
of instant versus two and fifty gram of beans? Mike,
I'm a bean man, but what about the cost per
cup instant V bean? I feel instant coffee is superior.
Now I love it, Mike, rotio beans per cup VT

(44:54):
spoon instant per cup. Instant coffee is far more convenient.
Oh that's lazy. No, no, no, no, no, we're not
going down the convenience route.

Speaker 8 (45:02):
Mike.

Speaker 2 (45:02):
You can pay as much or as little as you
want for coffee pack and say prices range in two
fifty four to thirteen eighty eight. Yeah, but they get
an average. That's where you get the average CPI from.
I reckon, what are you doing two or three spoons?
Two or three spoons of instant for a cup of coffee?
I reckon three. I reckon it's bean for bean for
bean for buck. I reckon it's about even stevens. I reckon.

(45:23):
The beans are actually the better deal. New shortly than Winston.

Speaker 8 (45:27):
For you.

Speaker 1 (45:29):
New Zealand's home for trusted news and views, the Mic
Hosking Breakfast with Bailey's real Estate, your local experts across residential,
commercial and rural news.

Speaker 3 (45:39):
Togs Head been.

Speaker 2 (45:40):
Well from F one. Lean needs to execute everything you
can to control in qualifying immla's another track with the
lack of passing opportunities? Is it everybody says that these
days every tractor lack of passing opportunities. Let me come
back to that in a couple of moments, Tim and
Katy after eight twenty three minutes away from mate, are
we reaching I ask you this Friday morning, and nada
as a country in a week where we still set

(46:02):
records for young people leaving a parliament which has circus
like qualities and behavior and a lack of respect for
the institution that those of us who've been around a
while have not witnessed before, not to mention a media
that apparently allows now any level of low rent language
that passes for reported your opinion. Now, Winston Peter's, having
had his head literally in his hands, is calling it
a house of chaos, of course, and Winston Peters is

(46:25):
with us very good morning, Good morning. You got a
view on Jerry Brownlee yesterday in his reaction to that
ruling from the Privileges Committee and how we're going to
have a debate of hundreds of people offering up amendments
that will last Lord knows how long.

Speaker 9 (46:39):
Yes, I do, but it's not vice for me to
express it on this program. I intend to do something
about it that you don't mind. I don't want to
talk about it on this program.

Speaker 2 (46:48):
Fair enough.

Speaker 9 (46:50):
Put it this way, that's the Select Committee and a
very truncated process because they wouldn't turn up and caused
enormous delays, has come to a decision that's for the
House endorsed it otherwise, And this idea of thousand hours
and days and days and weeks and everyone having a
chance of talking more than once and move a members
is in my view, plainly wrong. That's his father, I

(47:12):
want to go.

Speaker 2 (47:13):
I was bitterly disappointed and I think less album for it.
Am I wrong?

Speaker 8 (47:19):
Look?

Speaker 9 (47:19):
The reality is that every speaker should remember that they
are Parliament's person and this whole thing started as a
rot and under mallied when he having got the job,
decide he's going to post his own views. People went
required to wear tires, weren't trying to be formal.

Speaker 8 (47:35):
All sorts of things happened.

Speaker 9 (47:37):
You were sitting in the chair holding your babies to
try and him to make that he's a family friendly.
All the stufff is crap, you know, frankly, and it
is really crap. Integrating and as Stephen Maharry, the former
MP and minister from Palmson North said, once you less
down dress and other standards, everything else will be let
down as well and be debased. And that's exactly what's happened.

(47:58):
It's not look, this is a place was a raging
battle for political power. Its emotional and a lot of
language has been using the past, which has been hurtful,
but it also has been oratorical. It's very much talented.
Based on that score, I'm not talking about that. I'm
talking about words of filth and things like that now
and behavior that matches that as well.

Speaker 2 (48:19):
That word aside, did van Velden do the right thing?

Speaker 9 (48:25):
You think?

Speaker 8 (48:25):
Of course she did.

Speaker 9 (48:26):
I just wish she had said it's an explicive the
leading the word I can't say, but to have used it. Now,
where do you go from there?

Speaker 17 (48:34):
Well?

Speaker 13 (48:34):
Nowhere?

Speaker 2 (48:34):
Because you're rich bottom TANESSI does she carry the can
for asking it and firing it up?

Speaker 9 (48:41):
Yes, but also her leader carries the can and he
says they made a mistake. Was a bit late. Now
didn't they read and see what Andrea Advance had written?
And I can only assume that your three seats that
when when she wrote that.

Speaker 2 (48:57):
Yeah, but it was cleared.

Speaker 9 (49:00):
Where is the yes? I know, I know, but here's
the point. It actually told went to the clerk's office.
There's a lot of we haven't found out yet. No,
but it was when I thought when Brooke wrote that
she must have should he asked someone what do you
think because that used that word? It's not that it's

(49:22):
somebody else's word. No, you've now used it and put
it on the Darne record.

Speaker 8 (49:25):
Here.

Speaker 2 (49:25):
It's weird the bit you try. I mean, we're getting
into the weeds here, a little bit for people who
don't watch a question time. But but it was you
Bishop n Jones who tried to argue with Brownlee again
that the question shouldn't be asked. And you've ultimately proven
to be correct, haven't you.

Speaker 9 (49:41):
Yeah, I believe soly. And we also we also specified
the standing order with precision as to what applied there.
And yes, we're not happy at all, and we're going
to be raising this matter further.

Speaker 2 (49:55):
Do you worry? I mean this brings in the business
of the kids leaving, all young people leaving the country. Well,
in as malaise we face. Do you worry? And I'll
include myself in this that we're old and in being old,
I mean you're older than me, obviously, but in being.

Speaker 8 (50:10):
Old you shouldn't as obvious.

Speaker 2 (50:15):
In being old, we just sound like old farts and
we don't get the modern way and we should move on.

Speaker 9 (50:21):
Well, that's all very fashionable and chic and very updated.
But only thing about that it's wrong. The great things
we've got in our society, a Christian background, the law
that's been refined. These things are the exception worldwide and
the exception down through the thousands of years of humanity.

(50:42):
Now what we've got is the refinement a lot of
people's works, and we're the lucky in errators of it.
Was not old fashioned at all. It's unlike other society
where things are organized despotism and anarchy. We have got
something good here worth this preserving. And as a Maori
it's eighteen sixty seven mari have been coming in and
we've accepted all of these things and all these rules

(51:04):
all this time until this lattice bunch of the Maripaid
not originally not better Shaples, not to Altunia, not Jimbo flavel. No,
this new bunch turns up and says the whole lots
of lot of crap, and we don't give it out
what the rules are, and we'll do what it's like,
and they're going to find out the answers.

Speaker 8 (51:18):
I know you won't.

Speaker 2 (51:19):
Broadly, in reference to the people leaving the country and
the ongoing number of people leaving the country, particularly young people,
are you, as a government and a senior member of
that government, are you finding this? I mean, how do
you deal with this day? I'm quite depressed about it all.
I find it seems harder than perhaps first thought.

Speaker 9 (51:38):
Well, you're entirely right, but the reality is we have
as a country where we once were having people going
overseas for oe was usual was two or three is
and then coming home. They're going and staying and they're
going one way. And the only way to turn that
around is we've got to raise the level of wealth creation,
the level of exports level of added value. We've got
to reduce company taxation and pay better waiters. There's no

(52:01):
short there's no shortcut to this.

Speaker 2 (52:03):
Appreciate Tom. You have a good weekend. Winston Peter's Deputy Leader,
Foreign Minister Stickler for Standards seventeen to eight.

Speaker 1 (52:11):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News talks at me.

Speaker 2 (52:18):
Yeah, I don't know about that. Is similar really a
track that you can't overtake on? Monico's a track you
can't overtake on, but everywhere else maybe Singapore They said
Miami wasn't a track you could overtake on, yet a
lot of people overtok on it. I die do. I
think it is what you make your suggestion being that
qualifying is everything, which generally it is. Greg and I

(52:41):
I was it with Greg yesterday. Here's a story greeted yesterday.
First thing, instead of the usual cheery bonn are me,
I'm greeted with the news that my favorite hair product
is being discontinued. So obviously i'veset them so I asked
some pretty penetrating questions early on. I said, when you

(53:03):
say discontinued, I find it hard to believe because everybody
agrees that the product I use as a fantastic product,
So why would they discontinue a fantastic product? I said,
what will be happening here is the supply to New
Zealand will be a problem. It'll be readily available around
the world and all we've got to do is find
a supplier. By the end of the session, which was
now long, we had agreed that's probably the case. So

(53:25):
it hasn't been continued discontinued internationally. It will be only
discontinued to a small third world island nation at the
bottom of the world where they can't be bothered sending
it to anymore. So I am hopeful. But what they
were able to do for me, knowing full well how
I would react to that sort of news, was sell
me their last eight So then we get to the

(53:46):
eight pottles of product, and I figured that's going to
last me till the end of the year, possibly longer,
a little bit longer perhaps, but we'll see how we go.
Where are you putting it in the draw? Only little pottles?
I mean, on what part of you on my hair
hair product, Glenna.

Speaker 15 (54:03):
I if you go through eight bottles of it.

Speaker 2 (54:07):
By the end of the year, it was not bottles.
They're pottles. Pottles, not a bottle, as most people know.

Speaker 1 (54:13):
That's how Greg cuts it.

Speaker 2 (54:16):
Now, what was Greg saying? I can't even remember what
Greg was saying. There was something profound that Greg had
told me.

Speaker 13 (54:20):
Yeah, you were, but just about to tell us.

Speaker 2 (54:22):
Until I got to the pottle bottle thing. Anyway, the
reason everyone's leaving the country in the job numbers came
out of Australia yesterday eighty nine thousand new jobs. Bang,
there you go. And that's just for April, eighty nine
thousand more jobs, some of them full time, sixty thousand
full time, the rest were part time. Unemployment rate remains
at four point one percent. So if you're sitting here
in the country and you're a bit down on yourself,

(54:44):
or you can't get the hair product you want, and
you think if you go to the Westfield mall and
Pitt Street they'll have it, you're off to Australia. Chances
are you're probably going to get a job.

Speaker 13 (54:54):
The same thing happened to me. I remember with vogels.

Speaker 2 (55:00):
Do you put vogels on your hair?

Speaker 8 (55:01):
No?

Speaker 15 (55:02):
But the the sunflower and balley they used to have. Ah,
it happened, It happened, and that was my favorite. There
was just something about a bit of honey spread across.

Speaker 2 (55:13):
Once it's gone. It's it's the product. It's it's the
product that's there, that's not there. It's it's you know, consistency, consistency, instant.
Will taste the same as it did yesterday, Mike is
back to coffee, same as it will tomorrow, not predetermined
by the negligible skill of a spotty youth. What a

(55:37):
disappointing view of life, Ian and also make it yourself.
Probably McDonald's, isn't it, Because that's the same theory, isn't it.
The burger will be the same. There's no room for
a bit of artistry. Ten minutes away from it.

Speaker 1 (55:48):
The Mic Hosking Breakfast with the Range, Rover Villa News,
togs Head b.

Speaker 2 (55:53):
It's just telling me it wasn't sunflower and balley at all.
It's like an old man's home here. It's just a
couple of old farts going out of a hang on
you of the sunflower and but it was not sunflower
and balley. I can't remember what it is. Seven away
from eight A very big week for Team New Zealand
because they announced their squad to defend the next Cup,
and the next Cup is going to be is it
turns out competed in Naples Napouli thirty eight Traditional will

(56:14):
be sailed in twenty twenty seven. Mark Orham's as a
sailing professor. Of course, toda ut and is with this Mark, very.

Speaker 3 (56:19):
Good morning to you, Kit morning Mike.

Speaker 2 (56:22):
That team that was announced outrage. Can you vibe it?
Is it a better team, worse team? We don't know
yet or what I wouldn't.

Speaker 17 (56:30):
Say it's a better team. Of course, you lose somebody
who's arguably New Zealand's best sailor ever, and Peter Berling
really difficult to replace. But we have a great skipper
and Nathan Outerradge he obviously was the other helm in
the last Cup, very very talented sailor and most importantly
a really good leader as well. I think the other

(56:50):
thing that's reassuring in that announcement, Mike is that the
big question mark when Peter Berling announced that he was
leaving was what was Beartoo going to do? What was
Andy Maloney going to do? They'd been tight You know,
Blair and Pete have been tight for decades now. They've
been a packaged deal and if both those two are
gone then you're almost starting again. So securing Blair, Chook

(57:11):
and Andy Maloney alongside of Sam Metcher and the new
member announced, Chris Draper, it gives confidence that there's a
really good sailing squad there. There's experience. They've kept some
of the key members and Blair and Andy with Nathan
now as a solid leader and a good how I'm
very experienced wise head as well. So it's a very
strong team. But I don't think you could say losing

(57:33):
something like Peter burleing me the team would be stronger.

Speaker 2 (57:36):
Where'd Naples come from? I thought it was Saudi Arabia.

Speaker 8 (57:39):
Well, they were looking at.

Speaker 17 (57:40):
A number of options, of course, of the options that
were talked about, including Greece your Saudi Arabia. At one
stage Valencia I think was in the mix, and of
course Auckland, which all of us.

Speaker 2 (57:50):
Now he was never in the mark.

Speaker 17 (57:53):
Yeah well yeah, but if you, if you, if you're
choosing somewhere else. I'm delighted that Naples has ended up
coming out on top. It's a great city, it's a
great sailing venue and and it'll it'll be a wonderful
location for the next America's Cup. But I tell you
who will be the most happy to hear this news.
That will be lun On.

Speaker 2 (58:15):
Well, are they going to be the only other ones there?
Because that's what worries me. What's the size of the field.

Speaker 17 (58:21):
Yeah, Well, I think that it's a big question mark,
isn't it. Ben Angeley will be there. I think I
think it's more likely now that American Magic might go again,
particularly that it's not Saudi Arabia, which would have been
a huge issue for them. So now that now that
the venue is announced, I think that certainty allows other
teams to really look at can they make this work?

(58:43):
So I would expect we would. Obviously we're not. We're
not going to see a Liney back again. They've already
been public about that. The French may be back. It
won't be bigger than last time in terms of the
number of teams, but it's going to be how it's
going to be a good location like Naples potentially encourages
others to think about it. Remembering that we had the

(59:04):
Youth and the Woman's America's Cup announce that that's going
to have a second edition, and that I think is
the area of growth.

Speaker 2 (59:10):
Good stuff. Mark, appreciate it, Mark Orham's auto sailing professor, Mike.
They still make Bogel, sunflower and balley, but onion toast.

Speaker 13 (59:17):
I felt and fla seed was the one that I
meant to say.

Speaker 2 (59:21):
Oh good, I was hoping we'd get there before eight o'clock.
Thanks Glenn. Something happened with my Sheesado moisturizer.

Speaker 13 (59:28):
Oh they're having a domestic manager as well, saying one
it'll be.

Speaker 2 (59:35):
Don't worry, they'll sack us soon. I just honestly, it
can't go on for much longer. Sooner or later, someone
is going to bring this madness to an end. Tim Katie,
I was going to say they'll rectify things, but that's
probably not going to have an either.

Speaker 1 (59:50):
News is next, setting the agenda and talking the big issue,
use the mic, asking Breakfast with a Vida, Retirement, Communities,
Life your Way, News, Dogs Head.

Speaker 2 (01:00:20):
Now, Pink Elephant, Arcade, Fire Arcade, Fire of the Group.
I don't know whether it's a group or whether it's
just a bloke called Win Butler. Anyway, Win had a
handful of misconduct, delegations levied leveled against him, and he
denied them. And so the years that followed that women

(01:00:42):
suggested sexual assault and stuff like that. The years that
followed that informed this, which is apparently a tumultuous and
deeply personal record. It is subdued, It is synth heavies
and very moody. Three of the ten songs are in

(01:01:03):
fact instrumentals, which I always think is a mistake unless
you've been jealous. It's the sound of relationship counseling and
public relations repair.

Speaker 13 (01:01:17):
Taylor Tailor is old as the Time.

Speaker 2 (01:01:19):
Mate, that's actually what track seven. It's Tailor's old as
Time ten tracks forty two minutes and sixteen.

Speaker 1 (01:01:27):
Second The Week in Review with two degrees, fighting for
fear for Kiwi business.

Speaker 2 (01:01:33):
Len's record of finding complete and utter crape remains in textically.

Speaker 13 (01:01:39):
You can't have not consistent.

Speaker 2 (01:01:42):
Quick question Katie, Yes, good morning to me and good
morning to you too, Tim, good morning. I was in there.
I was in the two questions. Actually I was in
the other room a moment ago when you were asking Sam,
can you be on air and text your son at
the same time.

Speaker 8 (01:01:58):
You're not supposed to hear it.

Speaker 16 (01:02:00):
No, no, because I just had to quickly hang up
on him because he called, probably.

Speaker 2 (01:02:03):
Not realizing well obviously not realizing that I've got to.

Speaker 16 (01:02:06):
Be on here, And so I said, I just want
my UK based son to know that I still love him,
and I didn't just hang up on him for.

Speaker 8 (01:02:11):
No good reason.

Speaker 2 (01:02:12):
No, would it help if you didn't do this slot?

Speaker 8 (01:02:15):
No?

Speaker 3 (01:02:15):
No, no, no no.

Speaker 16 (01:02:16):
And then I went on to say, which he probably
left the room for, that I'm dedicated to the slot
and I I will just continue like the professional that
I am, and I will be professional first and mother second,
which goes against the grain for me, but I'm doing it.

Speaker 2 (01:02:29):
Do you want to give a week shout out to
Joshi Joshi Poshi on the other side of the world.
Of course he can do it on the eyehart.

Speaker 3 (01:02:34):
Of course he is.

Speaker 2 (01:02:35):
He's on the he's on the eyehearts.

Speaker 16 (01:02:38):
He wouldn't know, he wouldn't have a clue what that is.

Speaker 8 (01:02:41):
I actually love that.

Speaker 16 (01:02:42):
How often Greg gets mentioned and he's got his own sting.
And Greg is not a listener to your show.

Speaker 8 (01:02:48):
He has no idea that he's even talked about, got.

Speaker 2 (01:02:51):
His own ragious Oh he knows he's talked about He
just doesn't listen.

Speaker 1 (01:02:55):
That's how Greg cuts it.

Speaker 2 (01:02:58):
And I wish I could remember what he said to
me yesterday that was so good.

Speaker 15 (01:03:01):
Was the something to do with Liam Lawson, because that's
what you're about immediately?

Speaker 2 (01:03:04):
Probably, yeah, probably it probably was something.

Speaker 3 (01:03:06):
To do with Ryan Fox.

Speaker 18 (01:03:08):
That's been the story of the week, isn't it.

Speaker 2 (01:03:11):
It wasn't to do with Ryan Fox. But yes, I
believe Ryan Fox is probably close to being the story
of the week because I love people who as I
said earlier, I love people living their dream and it's
just just to do what he did. I mean, I'm
having played golf and no, no, no, no, are.

Speaker 8 (01:03:28):
You comparing yourself?

Speaker 2 (01:03:29):
No having played?

Speaker 3 (01:03:32):
Is this actual golf or many.

Speaker 2 (01:03:35):
I was at a pro am, the New Zealand Open
pro Am, and I won it and I beat.

Speaker 13 (01:03:41):
Was that Donald Donald Trump's courses?

Speaker 2 (01:03:43):
No, it wasn't. It was at Michael it was. It
was at Michael Hills Course and I beat I beat
Peter o'mealley. Do you remember Peter o'melly the professional golfer
Sean Fitzpatrick.

Speaker 16 (01:03:55):
Whan you told this story so many times on here
they could just repeats on their must be a tape
of this.

Speaker 2 (01:04:02):
Do you want to go talk to John Peter, Peter o'mealley,
And who else did you beat? Shawn Fitzpatrick?

Speaker 3 (01:04:08):
I'm on the edge of Mike, Mike, I'm on the
edge of my seat. Who else did you beat?

Speaker 2 (01:04:11):
Shawn Fitzpatrick, Andrew Mertens.

Speaker 3 (01:04:15):
And Greg people who play other sports?

Speaker 2 (01:04:19):
Greg Turner?

Speaker 3 (01:04:22):
Okay, all right, now, you got me having.

Speaker 2 (01:04:25):
Been in a position to be victorious when you weren't
expecting to be. I can I can watch that chip
from the edge of the green, thinking to myself. And
that's why I asked him when he was on the program,
how many how many times would you get it? And
he was honest about it, and the answer is never
those those parts they're their luck puts. Even if you're
the greatest player in the world, their luck puts. A
great player will get a ball close most times, but

(01:04:46):
the ability to actually pop it in the hole is
next to next to him possible. And yet to see
him do that was was absolutely brilliant. Second question, I
loved that. Sorry, carry on, I loved it.

Speaker 18 (01:04:55):
Can I just say I love the way too? He's like,
you know, I'm a bit dusty this morning. Got the
kids in the car. You probably heard them and you said, yep,
isn't that a great point to be in life? And
I thought, well, there we go. There's the voice of
experience talking exactly. He was Wines last night.

Speaker 2 (01:05:10):
Couldn't agree more. He was going to be on the
show later, or in fact, he might have been going
on the show earlier. But he couldn't be on the
show earlier because when we rang him to be on
the show earlier, he was in a toilet with his daughter,
and so he said, I'm just I'm just helping my
daughter on.

Speaker 3 (01:05:27):
The toilet a little at a little chip chip here?

Speaker 2 (01:05:32):
Can you ring back later? Second question, Katie, if you're
with us, and if you haven't put yourself on mute hmm.
Was Jason's here with a pink T shirt on today?

Speaker 14 (01:05:45):
Oh what a team player?

Speaker 2 (01:05:47):
I said, Should a guy that looks like you be
wearing a pink T shirt?

Speaker 8 (01:05:52):
Oh?

Speaker 18 (01:05:52):
For goodness, Wall you bullied him on Anti Bullying Day.

Speaker 3 (01:05:57):
But I can't believe that was not I would say.

Speaker 2 (01:06:04):
You said that, not me, I said, I just asked,
and that was my question. Is that bullying?

Speaker 8 (01:06:12):
Yeah? That is bullying.

Speaker 16 (01:06:13):
You bully daily.

Speaker 17 (01:06:15):
I don't even know.

Speaker 3 (01:06:17):
Can we can we talk about the other victim here? Sam,
who's a bullying victim? Mike's Mike keep saying he's seven
years old. He's not. He's a big boy. He's nine
and a half.

Speaker 2 (01:06:28):
Yeah, T shirt.

Speaker 16 (01:06:30):
It should be Mike because he is the ultimate bully.

Speaker 2 (01:06:34):
Absolutely, I have exciting news after the break. Do you
want to know something?

Speaker 3 (01:06:41):
You're in a pink T shirt?

Speaker 2 (01:06:42):
No, I've got a brand, a brand new to market product.
Who loves a brand new to market product? Heddie?

Speaker 17 (01:06:49):
You do?

Speaker 8 (01:06:50):
Is it?

Speaker 3 (01:06:50):
You?

Speaker 2 (01:06:51):
Idiot?

Speaker 3 (01:06:51):
The question is you do?

Speaker 8 (01:06:52):
No?

Speaker 2 (01:06:52):
One loves brand news to market products more than you.

Speaker 3 (01:06:55):
You idiots. See now he's bullying. U K a pink shirt?

Speaker 2 (01:07:00):
Got to take a break. This is yet again out
of control. Fourteen past eight.

Speaker 1 (01:07:04):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered
by News.

Speaker 2 (01:07:09):
Talks b new Talks. Sixteen past eight The Weekend.

Speaker 1 (01:07:14):
Review with two degrees bringing smart business solutions to the table.

Speaker 2 (01:07:18):
Tim, do you know the price of cheese?

Speaker 3 (01:07:21):
Price cheese bell eleven bucks for what?

Speaker 2 (01:07:23):
Akilo?

Speaker 18 (01:07:25):
For the name brand stuff? You can get it for
kg kg get it.

Speaker 3 (01:07:32):
That's for the name brand stuff.

Speaker 2 (01:07:33):
But so if I could certainly choose at eight fifty
for a kilongineer, you'd be thinking this is good stuff.

Speaker 3 (01:07:39):
I'll be totally into it.

Speaker 2 (01:07:39):
Fantastic. So Katie Sam had a meeting with Fonterra yesterday
and they've given him some cheese. Now, this cheese is
not available in this country. It's available in Japan and
China and South Korea, and it is I've got to
get my facts right here. It is cheddar, right, yeah.

(01:08:02):
But the magic is it tastes like parmesan. Oh interesting,
I'm glad you said that aged it. I'm bringing some home.
They've aged it rapidly with a.

Speaker 18 (01:08:13):
Secret places cheddar, and it tastes like isn't there something
wrong here?

Speaker 8 (01:08:16):
No?

Speaker 3 (01:08:16):
You mean, shouldn't it it taste like cheddar?

Speaker 2 (01:08:18):
No, because what they're saying is that parmesan's so expensive.
If you can make take cheddar and make it taste
like parliament, you're saving the money. And at eight fifty akilo,
they sell it in China and Japan for twenty twenty
kg blocks at one hundred and seventy dollars, which is
eight fifty akilo. So if you can take something cheap
and make it sound like something, that tastes like something expensive.
You're onto a winner.

Speaker 18 (01:08:38):
No you try it, you're turning a main course thing
into a garnish. Parmesans are garnish.

Speaker 2 (01:08:43):
It's not a it's not a white dog KD. No, No,
come to the party on this one. Come to the party.

Speaker 16 (01:08:51):
It's not just shaved on top of pasta. Parmesan is
consumed by the slice.

Speaker 2 (01:08:56):
Parmesan's the occasion.

Speaker 3 (01:08:58):
Can you try it on to butterfly toast?

Speaker 18 (01:09:01):
So but a bit of toast, bit of veggie might
do the cheese microwaver, bubble bubble, everyone's happy.

Speaker 2 (01:09:08):
Bubble bubble. Okay, So I'm going to bring that home.
If you'd shown any interest him, I could have sliced.
I've only got a slither because it's black market, so
I could have sliced a bit off and given you
some giving you shown no interest in it whatsoever. I'm
going to bring it home exclusively for Katie's procurement. It's
called Chetta Sun right, Chetter sun chetter Son. Chetta sun

(01:09:30):
Sun is a sign of respect in that particular part
of the world, So you call it chettas.

Speaker 13 (01:09:36):
Parmesan as well.

Speaker 2 (01:09:40):
Straight from marketing that you can tell he's been in
the the world of marketing. Can't you hey question question
Cold tar sober Ward for the week?

Speaker 3 (01:09:48):
Who deserves it?

Speaker 18 (01:09:49):
You know? Cold Andrew Advance? Is it? Is it Jantinetti
or is it Brook van Velden. Also after the conversation
with Winston Peters that Jerry Brownlee for letting it into
the house.

Speaker 2 (01:10:02):
It is it's you've got to go to the source,
the sources Advance she started it all.

Speaker 16 (01:10:07):
Yeah, the hypocrisy of this has really really bugged me
this week. If it was a female journalist, say Heather
for example, said the same thing about Jacinda how breakloas
the media would go, would never be condoned.

Speaker 8 (01:10:20):
She would be canceled.

Speaker 16 (01:10:21):
There would be uproar, because it's the other way around.
It's crickets are chirping. It's disgraceful.

Speaker 2 (01:10:27):
What if she wins that? There's a herald No it's
not herold what are they called? What are they called?
The night? There's some awards tonight, Media, your Voyages awards.
So this Andrea is up for a big prize and
if she wins it Reporter of the Year, I think, well,
there you go, Reporter of the Year. So then what
if she wins it. Yeah, and uses the word in

(01:10:51):
her thank you speech.

Speaker 18 (01:10:52):
Use it exactly exactly, Kate. So you're calling it as
Andrew as well.

Speaker 2 (01:10:59):
Yeah, because going to go to the start. You can't
blame people for picking up and running with something that
was started to. So it's got to be her.

Speaker 3 (01:11:05):
No, No, I'm not.

Speaker 8 (01:11:06):
I'm not.

Speaker 18 (01:11:07):
I'd say I'd say for the subsequence though, it'll be
a bit of lux, not the cold tar. So Andrea
deserves the coltar, but the rest, the rest of those
who enable that they're enabled use standards slip. When everyone slips.

Speaker 2 (01:11:19):
That is, well, then the editors. So Andrea writes.

Speaker 3 (01:11:23):
Something randoms, the editors deserve the cold tar too.

Speaker 2 (01:11:25):
Yeah, they do. So the editor you write something random,
give it off to somebody who's carrying the responsibility and
they let it through. So they're the gatekeeper as well.

Speaker 16 (01:11:33):
I would argue, I don't speak, and I think maybe
I'm getting old and I but I find myself agreeing
with Winston, not as old as the generic standards are
slipping everywhere in the media, Parliament. It's depressing, honestly, everywhere
you go, service, cafe, culture, everything seems to be subpar
these days.

Speaker 8 (01:11:54):
That we need a.

Speaker 16 (01:11:54):
Massive rocket under us. I don't know what that is.

Speaker 2 (01:11:57):
But we need a huge uppercut is what we need? Yes,
well on.

Speaker 18 (01:12:01):
YouTube, start by being polite and nice to each other.

Speaker 3 (01:12:03):
You guys are awesome.

Speaker 2 (01:12:05):
Nine. It's nine thirty in Edinburgh. So will Josh you
be asleep yet or not?

Speaker 3 (01:12:10):
She's already done it.

Speaker 2 (01:12:11):
She did it on the break unbelievable.

Speaker 3 (01:12:13):
It's the twenty first century, mate, get used to it.

Speaker 2 (01:12:16):
Good on you.

Speaker 16 (01:12:16):
Nice to send a tick on what set while holding
a call.

Speaker 2 (01:12:19):
You're a good person. Is that way? You put yourself
on mute? So you almost you almost got the tech
under control. Nice to see you guys. Eight twenty two morning,
just before we go, morning, Mike, I had a YouTube
clip yesterday come up from twenty thirteen. You were talking
to sir John Key and you mentioned you shot a
seventy two. Is that true? Yes? It is impressive golfing.
Yes it is clip. Thank you seventy two. Actually, I'll

(01:12:42):
tell the story about the seventy two in a moment.
Eight twenty two, The.

Speaker 1 (01:12:46):
Mike Hosking Breakfast with Bailey's Real Estate News Talks.

Speaker 2 (01:12:49):
There'd be well, it's if you've been hanging out for
the favorite big brand cosmetics to be on sale a
Chemic's Warehouse. I ain't got the very busin news to
you for you Chemi's Warehouse may hem Megasale. It's on
now instore online, up to half price on the cosmetics
and so much more. So you got the biggest range
of cosmetics. They're all up to half price, like your
favorite maybe Lene, your Lori, l Paris Cosmetics up to

(01:13:10):
half price, Revlon Ramel up to half price Revlon or Ramel,
the MC Beauty, the Thin Lizzy up to half price.
The good news doesn't stop there because many of the
other great offers are in Saurce. So you head on
over a Chemists warehouse, jump online if you like. Find
up to half price off there everyday, low prices on
all the favorite big brands. So this is the sale
you've been waiting for, so you better hurry instore online

(01:13:32):
stop paying too much. The great chemist Warehouse mayhem Megasale
got to end June four, which is not far away.
Teas and season exclusions apply. Asking Mike on Kate's point
Rey standards, check out what people are wearing when they fly. Sam,
you make a very good point but having said that,
crocs were a feature at the Australian Fashion Week, I
noticed this week in Sydney they've did a big croc show.

(01:13:53):
People dressed up in their finery plus war crocs and
you're funny, Mike, seventy two on the front nine? Was
it the nine whole course? Mike Lowell? So seventy two
if you're not a golf follower, seventy two not always,
but generally seventy two is par And I got seventy
two twice, once at Carry Cliffs, which is very flash
course in the northern part of the country before it opened,

(01:14:14):
back in the days when I was a golf writer,
and they invited me up and I got a booty
on the first so technically I was one under after one,
which I've never been since or before. But I blew
the sixteenth, which was uphill par five from memory, so
that was a bogie. So I got to seventy two.
The other one was dinner, which is an okay sort

(01:14:35):
of course at the whatever the hotels, at the dinner
hourur you go to that course, and I got to
seventy two eighteen pars. Talk about consistent. So that's my
golf story. Wake up now.

Speaker 15 (01:14:48):
Back in there's later twenty seventeen. That's when you told
that before that story.

Speaker 2 (01:14:53):
But twenty seven eight years between stories.

Speaker 1 (01:14:57):
The Breakfast Show, Kiwi's Trust to Stay in the Know,
the Mike Hosking Breakfast with the Range Rover, the La
Designed to intrigue and use to.

Speaker 2 (01:15:07):
Be You guys are so mean, Mikey, you're quoting Kim
John Golfers. Mike was your seventy two off the Men's
of the women's team me and come on, it was Black
Tea's Mike. Louis Verton have just brought out a golf collection.
Just purchased a putter mullet cover. I think you mean
mellet cover, don't you putter mellet cover for my twenty

(01:15:32):
five year old putter. You should take it up just
for the designer gear. We looked up your putter cover
and I think it's quite cool. I wouldn't buy it.
Sammy and I discussed this and we decided it was
the ultimate gift. So you purchasing it for yourself is
quite something. We decided it was one of those things
you'd never buy for yourself, but if you got given it,
you go, wow, what a gift because the Louis Veraton

(01:15:56):
Putter cover is one thousand, two hundred and forty bucks
twenty two to.

Speaker 6 (01:16:02):
Nine International correspondence with ends an eye insurance peace of
mind for New Zealand business.

Speaker 8 (01:16:08):
Mariold, how are you, Monney, Mike, Yeah, pretty well, thanks,
my Scottie. Cameron Padda goes pretty well. I'm not sure
what Ryan Fox uses, but how good has he gone?
And round one of the PGA.

Speaker 2 (01:16:19):
He looks the goods And some of us were saying
the other day before he won last week that he
tends to go well in the first round and then fades.
And what was beautiful about the win last week was
he sort of faded there, but then he came back
and he won it.

Speaker 3 (01:16:35):
So wonderful. Chip In, Yeah, that's right exactly.

Speaker 2 (01:16:37):
So you're a peat winner, and you can't once you're
a winner. You're a winner.

Speaker 8 (01:16:41):
You're a winner, win a chicken dinner and he win
a million US dollars and a two year exemption. So
well done here.

Speaker 2 (01:16:48):
That well, that was this thing because it's big because
we had him on the program and I said, what's
the big deal here? What's the bigger deal?

Speaker 8 (01:16:54):
Is it?

Speaker 2 (01:16:54):
The money. He said, it's the exemption because it is
in the back of your mind. It's two years now.
You don't have to worry about a thing. You know
where you're playing and that's important.

Speaker 3 (01:17:03):
That's right, fantastic.

Speaker 2 (01:17:05):
I was watching Larissa Waters yesterday. Is she the goods?

Speaker 8 (01:17:09):
Well, she's certainly drawn a line under the sand of
Adam Bant, just a mixed metaphors. Bant took the I mean,
why did the Greens perform so badly? They lost three
of their four lower House seats and they performed badly
in my view, in the view of many people over
here observing politics, because he went absolutely batty, bloody mad

(01:17:30):
as Larissa Waters said yesterday when she got the wind,
she said, listen, we need policies with heart and a
government that delivers for the people. Has never been more
important of quoting now to have a strong Greens team
in Parliament with strong action on climate, on nature, on
the housing crisis, on the cost of living crisis, no
words on Gaza, all the stuff that Adam Bant was

(01:17:53):
expounding on, None of that resonated. That's one that got
marked down, you know. So Larissa Waters, little lawyer, her
background and look she's clear, she's steady, you know, and
I think she will take the Greens in a much
different direction, back to perhaps their roots. And she said, listen, Labor, okay,

(01:18:14):
you may be swaggering around like the big gorilla right now,
but you need us, all the Liberals in the upper
House to get stuff done.

Speaker 2 (01:18:20):
It's a very good point and has not been covered
at all here despite the fact that Albanese has won
by so far. It doesn't matter the Senate, which is
where the actions are still tight, isn't it.

Speaker 8 (01:18:31):
It's the House of Review. If Labour wants to buy,
to know, increase defense spending, right, okay, we want to
buy new drones and brand new air force. They can
say what they like in the lower House. It's got
to go to the upper House, as you well know,
to get approved. And they can hammer away all they
like in the lower House. And then she says, you've

(01:18:51):
got to make a choice, alber Easy. You can deal
with us the Greens and I'm promising to be more
moderate than Adam band or you can try and deal
with the Liberal party in the upper House and good
luck doing that.

Speaker 2 (01:19:02):
The job you got a lot of jobs. There was
eighty something thousand jobs, fifty something of them a full time,
twenty something of a part time. Does that feel good
to the people, you know I'm celebrating that or not.

Speaker 8 (01:19:12):
They will if you've got a new job, for sure,
it's always good to have a paypacker coming into the family.
That's no doubt about that. On the downside is again,
as you well know, that just puts more pressure on
the Reserve Bank as it's deliberating about cutting interest rates.
They don't want strong employment because all that does is
push upward pressure on inflation. So it remains to be seen.

(01:19:34):
I mean, look the Trudeck most economists are saying, yes,
the Reserve Bank will still be cutting rates. It's the
start of a downward cycle in terms of the cash rate.
We have to wait and see. It's a pretty cautious
reserve bank. They're not about, you know, putting on their
cowboy hats and spurs and going yeeha, yeeha, none of
that stuff. They're going to be very measured and a
lot of people are sweating on their on their mortgage payments,

(01:19:57):
all those things we've been talking about for the last
twelve eighteen months about the cost of living crisis, Mike.
It is still biting, no doubt about it.

Speaker 2 (01:20:03):
Interesting people is good, this business of Elbow winning the election.
Then he's off in Indonesia and he's off to see
the Pope and they called him airbase Alba didn't seem
to hurt him in the end. Will they'll be sitting
back there in business, if not first class going. I
can fly as much as I like now.

Speaker 8 (01:20:18):
Of course he will made he's the Prime minister. If
he didn't go to Indonesia, there would be questions back
home saying, why are you going to Indonesia? Three hundred
plus million people on our doorstep. They need to eat,
They need Australian coal and iron ore and all the
other stuff that Australia exports to the world. It's our closest,
massive neighbor. It's the world's biggest Muslim country. And it's

(01:20:41):
important to deal with a brand new president who turned up.
Would you believe he turned up? Albanize has flown on
Wednesday night. He's, you know, just unpacking his toilet bag
and getting his pajamas ready for bed, and the knock
on the door. It's the Indonesian president. Hello, Elbow.

Speaker 2 (01:20:54):
Funny, how are you going?

Speaker 8 (01:20:55):
That a chat about the election win. A lot of
substantial stuff as well, According to elber Easy, about the
geopolitical situation, Albanese said he got assurances there's no Russian
attempt at all to try and park long range jets
in Papua Interesting too the relationship between Indonesia, that this
guy's an ext military man, as whole Korean has been

(01:21:17):
built in the military, So what's it going to be
like the relationship the Bilatter relationship between Indonesia and China.
It's a look, it's a very it's a movable feast.
As you well know, Australia uniquely positioned down here to
feed Indonesia and to develop a decent relationship. And that's
exactly what Albanesi's doing. And there's a great Catholic you
reckon he won't be in Rome for.

Speaker 2 (01:21:38):
The Dreyfus. Dreyfus guy who got dumped. And then is
he going to quit? And if there is a by election,
does does that turn up anything or will it just
beaven another labour s I don't know.

Speaker 8 (01:21:52):
If he's going to quit or not. It's a complicated thing.
His wife died eighteen months ago. He was tossing up
whether or not he should he should retire and he's
sixty eight years old. But here's the thing, he's the
most able legal mind in the government. And he's only
dumped because I mean Albanize would have dearly liked to
keep him on, no doubt about that he was because.

Speaker 2 (01:22:13):
That's faction thing they run is so stupid, isn't it.

Speaker 3 (01:22:16):
It's dreadful, dreadful. But that's just the way it works.

Speaker 8 (01:22:18):
And it's equally dreadful for silly old Malcolm Turnberle when
he was Prime minister. So oh, there's no faction of
the Liberal Party please, I mean, cut it out like
weasels in a sack when they're fighting over the spoils
of office. It's it's ridiculous. It's just the way the
system works. Albanese gets to appoint the ministers he wants,
but the factions provide him all that. That's exactly right.

Speaker 2 (01:22:40):
Can I do you know the name Anthony? Is it
Decei Glee or Kigglee from j Yeah.

Speaker 8 (01:22:48):
He's the guy he from Channel se to run Channel seven?

Speaker 2 (01:22:51):
Right?

Speaker 3 (01:22:52):
Didn't that go well?

Speaker 2 (01:22:53):
So let me ask you this question because no one
will know here who he is. So Anthony turns up
at Channel seven, lays a lot of people off, does
a lot of upheaval, introduces some astrology to the seventh,
to the seven News, and a bit of a comedy
segment on Friday Night, much to the sugar and of
everyone who's got a brain. Tanks, the tanks the place.

(01:23:13):
And now he's been hired to run some rugby league
team in Western Australia. How does that work well?

Speaker 8 (01:23:18):
The North Sydney. He's a West Australian fellow, young family,
he was a he was over there running newspapers for.

Speaker 2 (01:23:28):
Stokes, Stokes.

Speaker 8 (01:23:30):
He was running a newspaper for Stokes, apparently doing quite well. Stokes.
See how about running my television network seven? Great idea,
says to Checkley. I'm not sure. So he moves his
young family east across to Sydney. As you say, he
blows the joint up. Just ridiculous. All these people have
lost their jobs, the ratings have tanked, and as soon

(01:23:52):
as the Western Sydney Bears get announced it's the brand
new rugby league team, the eighteenth team. He's tapped on
the shoulder by of Landys, who runs the natural rugby league.
Landys do not mess with Landy's if you ever shake
hands with Peter Vandys, make sure you get all your
fingers back and all your rings because he is a
rap for the gold tooth and he does a hell
of a great job of that. And de sickly he's

(01:24:14):
back to run this team. So Stokes is apparently furious.
He's actually gone to somebody who knows what they're doing.
He's tapped a long time television news veteran on the shoulder,
would you like to run my news network please? So
he's going to do that.

Speaker 2 (01:24:28):
Right, Mape, you go, well, appreciate it really much. I
just can't work out why they thought that astrology and
the news and a comedy segment wouldn't be successful, but
there you go. Fourteen away from nine.

Speaker 1 (01:24:40):
The My Asking Breakfast Full Show podcast on iHeartRadio, Howard
By News Talk said, be.

Speaker 2 (01:24:47):
I know that Warren Buffett speaking of retiring as Murray
was a moment ago about Drevers. Who makes sixty sixty eight?
You don't retire at sixty eight for goodness sake. Warren
Buffett has been talking to the Wall Street Journal and
he said, and it was I thought it was interesting
because he he retired the other day, if you miss
Warren Buffett and Berkshire Hathaway and all of the story around,
I mean, just reading about him. I stookim to Greg
four and actually off here the other day he had
lunch with him. And I always ask the same question,

(01:25:11):
is there a magic? There is a genius acquirement? There
is Apparently he's got a certain something about him. Anyway,
he ran as a company for sixty years, he announced
the other day, and it was big news because he
announced it out of the blue, in front of people
who had no idea it was coming, including the bloke
who will now run the company. He didn't have a
clue that was coming. At ninety four, he said, thanks,

(01:25:33):
I'm done. Anyway. His rationale, he has explained, is that
he didn't start getting old until he thought about ninety.
He suddenly thought I'm a bit old. And he turns
ninety five in August, and he started to lose balance
occasionally and experienced issues remembering somebody else's name, and his
vision turns less clear reading newspapers. And it's at that

(01:25:56):
point the other day, when he's ninety four ninety five,
he goes, you know what, don't worry about it, but
here is the critical thing. He said, I will still
be useful. He's still going to be on the board.
I will still be useful here if there's a panic
in the market, because I don't get fearful when things
go down on price or everybody else gets scared, and
that really isn't a function of age. And that's I

(01:26:16):
think the insight into the buffet magic nine away from nine.

Speaker 1 (01:26:20):
The Mike Hosking Breakfast with a Vita Retirement Communities News
Dogs head.

Speaker 2 (01:26:25):
Be tomorrow's the Dolphins. For the Warriors eight of ten,
it'll be nine of eleven, so that's yet another record
nine of eleven. I don't know who the What I've
become fixated with now is the Bulldogs, which I was
reading this week in one of the Australian outlets that
they are now the biggest side in the NRL and
they've gone off in the support base and the money
and all that sort of stuff. They're they're the real deal,

(01:26:47):
and I'm just fixating on how we can get to
the top of the table for the rest of the season.
Because we keep winning and they keep winning, that sort
of cancels itself out, unfortunately, but they could slip and
if they slip and we keep winning, we're there and
we're number one. Anyway, it's the Dolphins tomorrow, so we
can take care of them and move on. Five minutes
away from nine.

Speaker 1 (01:27:07):
Trending now with the chemist Warehouse Maya mega sales on now.

Speaker 2 (01:27:12):
Now, Sony have updated their headphones, the top of the
line headphones and headphones. It's seven hundred and forty nine
dollars for top of it. That seems cheap to me?
Is that cheap?

Speaker 3 (01:27:21):
Am?

Speaker 2 (01:27:21):
I sort of?

Speaker 15 (01:27:23):
I Rather, I think a lot of people listening to
you now are going that's no.

Speaker 2 (01:27:27):
But you're getting a lot of hit You're getting a
lot of headphones.

Speaker 13 (01:27:29):
True. You know, I'm not saying that they're not good value.

Speaker 2 (01:27:32):
Yeah, well, that's that's right, That's what I'm saying. I'm
saying you're getting a lot of headphones. See, if you
think what's the best headphone in the world, and you
know nothing about headphones, and I'd go twelve hundred dollars.
I mean, if you look at the price of an
iPad and phones and computers and stuff, they're thousands, they're
thousands of dollars, and yet the best headphone you can
buy seven hundred and fifty anyway, So they've updated their
headphones and the noise canceling is the key they call them.

(01:27:54):
This is the other thing they need to think about
is coming up with better names, because the name for
this headphone is the wh one thousand XM six, which
is ridiculous. So they've upgraded the noise canceling twelve microphones
built in to keep outside noise out. See twelve microphones?
Are you paying seven and forty nine dollars? That's what
I'm trying to say to you. So because you can't

(01:28:15):
see them, and this is radio, Glenn has done this.
Now if you listen, I have not heard this. I
don't even know what this is. Listen to this and
see if this makes sense.

Speaker 15 (01:28:23):
Okay, So what I thought i'd do is a bit
of a comparison for you. So you're hearing me now
like through a studio mic like we have in the
professional radio studios here, and this is me talking through
the the XM six's as they call them.

Speaker 13 (01:28:41):
So just once more for comparison.

Speaker 15 (01:28:43):
This is me on the studio mic, and again this
is me on the on the sony headphones many microphones.

Speaker 2 (01:28:52):
Can you tell the difference, Yes, Glen. I can, yes,
but they're worse. The sound is hollow.

Speaker 13 (01:29:00):
Yeah, but that's a microphone, you know.

Speaker 2 (01:29:02):
So you're like, we're doing our headphone.

Speaker 15 (01:29:04):
Yeah yeah, yeah, right, so that's not with any extra
add on a microphone that comes around in front of
your mouth or anything like that.

Speaker 2 (01:29:10):
Okay, I hear what you're saying. You can get them
in black. I'd go midnight blue. I like midnight blue.

Speaker 13 (01:29:15):
It is very dark blue.

Speaker 2 (01:29:16):
Yeah, I love it. I love that dark blue, the black,
the blue. Where it's is that black or blue? I
like that silver boring seven five. I think I've sold.
I think I risk my cane.

Speaker 13 (01:29:28):
Your dad, you're down to the shop today.

Speaker 2 (01:29:31):
You have a fantastic weekend company back. Shall we do
Monday at Sex? How about that? As always, Happy Days.

Speaker 1 (01:29:40):
For more from the Mic Asking Breakfast, listen live to
news talks. It'd be from six am weekdays, or follow
the podcast on iHeartRadio.

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