Full Show Podcast: 16 October 2025

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Episode Transcript

Speaker 1 (00:00):
Opinion, Edit, informed, und apologetic, the my Hosking, Breakfast with
the Defender, Embrace the impossible news talks He'd be.

Speaker 2 (00:08):
Billy Welcome Portential Today, new report on how much airpas
have gone up in this country versus ore. There's new
report into what state housing is casting us versus doing
it differently. The Life and Times of jimbal Ja, Benji
and Joel Madden tell us about reforming Good Charlotte to
Joe McKenna's and Italy and Rod Little does the UK
for us as well? Tasking Thursday Morning, seven past six.

(00:30):
One of the great myths of the modern economy is
the idea that young people can't afford a house. Now,
the facts are that for every house sold, about a
quarter of them sometimes a little bit more about twenty
seven percent hour. In fact first times that figure has
been remarkably solid over any number of years in any
type of market. Can be expensive, Yes, to some people
miss out. Yes, are some areas better or worse than others? Yes,

(00:51):
But in a world where the negative selves, if you
can convince people that the young are victims, it can
become very political, very fast. Of course, no government can
manipulate the market and for all the governments that are
promised a solution, more often than not ends and tears.
And for every levy you pulled, there is a counter
reaction elsewhere, which is why it is often best to
leave the market to its own devices. Australia, though, is

(01:11):
dabbling in housing as we speak. The latest scheme involves
getting first buyers or first time buyers into their own
place where they five percent deposit any first timer any salary. Personally,
I've always liked the idea of getting young people into housing.
Easier entry, the better. Often the real impediment, and it's
true here, of course, is not the mortgage, but the downpayment.
I mean twenty percent of a million bucks, which is

(01:32):
basically the equation in a lot of New Zealand as
two hundred thousand dollars. That's a mountain for most and
an insurmountable one. Even one hundred thousand dollars is hard work.
But what about fifty fifty grand? Five percent? That's not
hard small town New Zealand, you go to a cheaper
place six hundred thousand dollars house thirty grand, that's doable.
That's your average key, we say, But why aren't we
doing that? Do you lose on housing rarely? Is it

(01:54):
a good long term investment?

Speaker 3 (01:55):
Yes.

Speaker 2 (01:56):
In Australia they cap the price to a first home
type level, So for example, at the moment in Sydney,
it's one point five million less in Melbourne. But what
it will do is get more people into houses. Do
people want that? Yes they do. The Reserve Bank worries
about a price surge, but this has been done ironically,
in the middle of a price surge. Australian housing is
often running. Their debate about affordability is raging hot, and

(02:17):
yet the government is all for it. And note it's
a labor government. So what about us? Does our housing
market need a boost? Yes it does. Do first time
is need a leg up. See what's stopping us.

Speaker 4 (02:30):
News of the World in ninety seconds.

Speaker 2 (02:32):
Perhaps not surprisingly post the hype of Tuesday, the Middle
East Part two as some issues. Hamas are shooting people,
of course, and not all the dead hostages are actually hostages.

Speaker 5 (02:40):
Come us. The terror organization is required to uphold its
commitments and return all of our hostages as part of
the implementation of this agreement, and we will spare no
effort until our fallen hostages return. Every last one of.

Speaker 2 (02:55):
Them, and mixed reports from those who did make it
back alive and ended up in hospitals.

Speaker 6 (02:58):
Some of them may start being discharged to outpatient care,
hopefully at the beginning of next week, but there will
be some that probably would need more time then.

Speaker 2 (03:14):
To Britain with a China spy skindle caught cash that
collapsed as forced Starmer's hand to.

Speaker 7 (03:18):
Be clear, had the Conservative been quicker in updating our
legislation a.

Speaker 8 (03:23):
Review that started in twenty fifteen, these individuals could have
been prosecuted.

Speaker 2 (03:28):
And we would not be where we are without. Tory
still think they're on to wed cover.

Speaker 9 (03:32):
Up serious case involving national security has collapsed because this government.

Speaker 4 (03:37):
Is too weak to stand up to China.

Speaker 2 (03:39):
More on this ladder with Rod. Also in Britain, Rachel
Reeves was outs breaking your upcoming budget and all the
cool stuff she's doing well.

Speaker 10 (03:44):
The Plan and Infrastructure Bill is now going through as
final stages of the parliamentary process and we want that
to get Royal assent by the end of the year.
It's probably going to be the biggest piece of legislation
that this government passes.

Speaker 2 (03:58):
And the Japanese have arrived in London, for the first
time a Grand Sumo tournament at long Woman.

Speaker 9 (04:03):
I'm happy about the fact that Simila's backed doctor so
many years, and I'm happy to be here as a
similar wrestler, and I hope I can show the UK
fans how fantastic Simill is now.

Speaker 2 (04:14):
Well, I'm sure we will. Finally we've got a previously
unknown sixth se so we got the site. It's not
we're hearing the taste of the touch. But now the
scientists from California Script's research reck and they've found into reception,
so the process where our nervous system receives and interprets
the body's of physiological signals to give everything running smoothly.
That would explain how your brain knows when to breathe
or you know when you're fighting in infection, all that stuff. Anyway,

(04:36):
having discovered it, they've now received a twenty five million
dollar grant to research it. So we'll let you know
how that goes. News of the world in the market
just quickly on Rachel as in reeves as in budget.
The big news really today from her, unfortunately for her,
is that despite the fact they said they would not
raise taxes, she has admitted today that she is going
to raise taxes most likely, so there's political capital will

(05:00):
be spent there and robed with more later a twelve
past six.

Speaker 1 (05:05):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, part
by News Talk Zippy.

Speaker 2 (05:13):
Mike and stepdaughter's twenty one just had a first loan
approve for seven hundred and ten thousand dollars, had fifty
thousand dollars deposit saved since she was thirteen. She's out
in the market now looking no help from anyone. It
is possible, very uplifting. Fifteen past six, I'm sure and
partners Andrew Keller had good morning, very good morning, Mike.
Paul Conway. Where was it in Sydney, wasn't he? Is

(05:34):
that right?

Speaker 11 (05:35):
Yep?

Speaker 3 (05:35):
Yep?

Speaker 12 (05:35):
Central Bank has been out and about so Paul Conway,
who was the chief economist the arby and said he
gave a speech at the City as in City Bank
Australia and New Zealand Investment conference yesterday and I see
the RBA Deputy Governor was speaking as well.

Speaker 11 (05:48):
So there's another one.

Speaker 12 (05:49):
And the market's still really digesting comments by Jerome Powell
from the other day which which he sort of taught
about the world, the US world as well, and US.

Speaker 11 (05:59):
I just quick note US ten year eights.

Speaker 12 (06:01):
I'm just keeping an eye on those at the moment
because they're having around four percent, which is sort of
lowest we've seen them at for quite some time. So
at the moment, they're pushing US intestrates a little bit lower.

Speaker 11 (06:10):
Yeah, Conway speech, Mike, you know, they're always careful not.

Speaker 12 (06:12):
To overtly comment on monetary policy. But and the title
of the speech was backward looking, but the market always
pays attention when SENI, RB and Z staff speak and Mike,
I've often referred over the last couple of years to
what I call the multiplier effect of fiscal and monetary policies.
They do work together, and in our case, post COVID,

(06:34):
you had this combined effect, this multiplier effect in New
Zealand that created or that produced a sort of a
massive asset price bubble in housing and rampant sort of
runaway inflation. And that's absolutely the core of our problems
at the moment, because we're recovering from that that asset
price bubble being burst. Now, Conway did acknowledge how powerful

(06:54):
those policies were. The speech focused a little bit on
the large scale acid purchase program because the cost was huge,
and he talked about this almost eleven billion dollars worth
of losses on bonds that the rbens ended up owning.

Speaker 11 (07:07):
That's three point two percent of GDP.

Speaker 12 (07:11):
He contended though, that it was worth it because they
got better growth, they got better tax revenue. Now that
debate is going to continue for many years. Mike over
the RB and Zen and government response to COVID. Unfortunately,
we do not have time to reopen that whole debate
this morning, but we trowled through the speech for more
immediate or current comments.

Speaker 11 (07:28):
And the worst snippets.

Speaker 12 (07:30):
He referred to expecting a modest pickup in activity in
Q three and Q four, which is probably correct, but
I guess after that minus point nine GDP outcome in
Q two, I think we'd like to see more than
a modest pickup. Wouldn't be quite good, but Q three
that's certainly looking it's certainly looking accurate. That will be modest.
But he also said the minus zero point nine outcome

(07:51):
raises the possibility of a more prolonged period of excess
capacity in the economy, which they said the other day
that implies less medium term price pressure. He did say though,
that it's nerve racking for them holding that view that
inflation is at the very top of their three percent band.
But I guess that's all the description, isn't It's that's
what they've got to do. No real market reaction, you say,

(08:13):
But interest rate swap rates they are creeping lower. He
did say they're open to more cuts, but they're going
to see how the data playouts and the moment. I
would make the comment that data is probably playing out
in favor of another twenty five basis point.

Speaker 11 (08:27):
Can't tender.

Speaker 2 (08:28):
It'll be interesting though, in the big gap over at
the Christmas period of course, now Scale, who didn't love
the apples?

Speaker 13 (08:32):
Eh?

Speaker 3 (08:33):
There you go.

Speaker 12 (08:34):
So I feel this week somebody made the comment to
me this week that I've been a little bit downbeat
talking about on the data front. So here's a wee
nugget of positivity. So Scales not the biggest company on
the internets, I agree, But if you are a Scales shareholder,
you will have enjoyed an almost fifty percent lift in
the value of your investment so far this year, So.

Speaker 11 (08:54):
I think that's pretty positive.

Speaker 12 (08:55):
So amongst the economic malaise. There have been some pretty
good share price perfore. But just very quickly on scales,
it's in the agrisector. There's your first tailwind, it's involved
in exporting. There's your second tailwind. What's the third tailwind?
Mike pet food spinning on pets seems to be quite
recession proof. They've got the pet food there as well.
So yes, those scales announce the profit upgrade further increased

(09:16):
in earnest guidance for their twenty five financially underlying that
profit now expected between fifty four and fifty nine million.
That's an increase on the previous guidance. So we've got
to celebrate the winds. We've got to get a little
bit of positivity in there.

Speaker 2 (09:28):
Mic very good and on that note, let's do the numbers.

Speaker 12 (09:32):
Yeah, So actually the US markets sort of turned around
almost as we were speaking, so not quite sure what's
having there. The Dow Jones wasn't positive territory, it's now negative.
It's now down one hundred and thirty seven points, which
is point three percent, forty six thousand, one hundred and
thirty one. The S and P five hundred, let's call
it flat six sixty five oh is the mark, and

(09:52):
that's up five or six points, and the nastack down
thirty points. As we look at A point one three
percent twenty two thousand, four hundred ninety two, the forts
one hundred overnight lost point three percent. That's twenty eight
points ninety four to two for the close there, the
nick A forty seven than six hundred and seventy two,
it gained one and three quarter percent.

Speaker 11 (10:12):
Very nice.

Speaker 12 (10:13):
Shanghai composite up over one percent as well, three nine
one two.

Speaker 11 (10:16):
They're the A six two hundred. Yes, they gained one.

Speaker 12 (10:19):
Percent point nine one sorry, ninety one points eight nine
nine oh. And the insects fifty just over half percent
gain their thirty points. Thirteen thousand, three hundred and seven.
Now in the currency is a Kiwi dollar point five
seven to two oh, hanging in there against the US
point eight seven eight two ossie point four nine one
six against the euro point four two seven two pounds

(10:42):
eighty six point four nine Japanese yen gold four thousand,
one hundred and ninety five dollars. As I look at
it now, Brent crude here might just quick common sixty one.

Speaker 11 (10:52):
Dollars and eighty three cents. But here's the butt. I
always look at it in New Zealand dollars as well.

Speaker 12 (10:58):
You've got a much weaker currency, so actually it's not
fallen as much because of the weaker currency, so we're
paying more for that when we import it.

Speaker 2 (11:05):
See you tomorrow, mate, Precire Andrew kelleher Sure and Partners.
Pasky Banking still works for Morgan Stanley. They blew everyone
away profit search forty five percent, four point sixty one billion,
revenues up eighteen percent. Stalantis, this will be a window
I can work out whether this is new or not.
But Stalantises have announced cars, of course, thirteen billion dollars
in US manufacturing. They're going to add more than five

(11:27):
thousand jobs new product plants in Michigan, Illinois, Indiana, and Ohio.
So that's that's to the Trump play. But no one
works out whether they've already done that, we're going to
do it anyway, or they've just announced it to try
and make themselves look better in the eyes of the President.
Six twenty one, Herid News Talks B.

Speaker 1 (11:47):
The Vike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks B.

Speaker 14 (11:54):
Mike.

Speaker 2 (11:54):
Four of our six kids are in their own home,
all while in their Twenties' oldest is now thirty one
two in Auckland, Christ just one and Fung rang no
help from the bank of Mum and Dad except telling
them anything's possible. So I'm very encouraged by that. This morning,
well done, we're doing okay, is and p think we're
doing OKAA plus. Our rating is a country stable outlook.
Size of the government deficit and the debt barriers are

(12:15):
a problem. Yet again, they need to be tackled. In
their words, I think we'd all agree with that, wouldn't
we A country's excellent institution's wealthy economy, moderate public indebtedness,
the current account deficit. I've raised this on the program.
I don't know how many times I keep saying a
good country does not have a current account deficit. But
the problem is we're fixated with importing stuff more than

(12:36):
they are with exporting stuff. And as much as we export,
we still want it because we don't make anything in
this country. We need to bring it in, so that's
where the deficit comes. Growth should gradually improve on the
back of strong exports and tourism and the effect of
falling interest rates on consumers spending. The tariffs, the US
tariffs they say are manageable, So that looks pretty good.
We're notch lower than Australia, but I think we'll take it.

Speaker 4 (12:57):
Six twenty five trending with Chemist House Great savings every Day.

Speaker 15 (13:04):
Yeah.

Speaker 2 (13:04):
Kim Kardashians turned up on the Call of Daddy podcast,
possibly because she's got some new skim product to promote. Anyway,
She's ended up talking about her marriage to Kanye. She
didn't feel emotionally or financially safe.

Speaker 16 (13:14):
I mean I would like come home and we had
like five Lamborghinis, and I'd come home and they'd all
be gone. You know, if he was in an episode
and I'd be like, oh wait, where's all our cars,
like my new car, and it would be like, oh,
he gave him away to all of his friends, and
then I'd be like huh okay. And then I'd come
home again, and at a different point we had five

(13:35):
more Lamborghinis, and then I'd wake up and another episode
and they'd all be gone again.

Speaker 2 (13:41):
See, in my experience, she can have too many Lamborghinis.
I think that's one of longs.

Speaker 17 (13:44):
How many is too many?

Speaker 2 (13:45):
It's irickon too It too is too many. One's fine,
but you don't want to go at the top anyway.
She tried to help, but he wasn't having any of it.

Speaker 16 (13:53):
When someone was, you know, isn't willing to make changes
that I think would be super healthy and beneficial, makes
it really hard to continue on in a relationship that
can be toxic anyway.

Speaker 2 (14:08):
She says, has been a couple of months since Cannie
has seen the kids. Do we really want to delve
into her private life? Anyway? She's got these skim things
with pubic heir on. If you haven't seen those, that's
that's that's now a thing allegedly, So that's sort of
what are they?

Speaker 17 (14:22):
It's very sort of Gwyneth Paltrow.

Speaker 2 (14:25):
It's got a touch that Actually Gwyneth was out this
morning on another podcast telling us how proud she is
of her conscious uncoupling with Chris. So that's more stuff
that you probably don't need to know. And I've just
wandered into a massive hole that I now regret. The
Life and Times of Jim Bolger later on in the program,
of course, meantime, the news is next. You used to observe.

Speaker 1 (14:50):
You're trusted home for news, sport, entertainment opinion and Mike
the Mic asking breakfast with Bailey's real estate. I mean
the buyers others can't use togs dead b jere mckenner.

Speaker 2 (15:03):
Lively shortly mentioned Jolden made me a good Charlotte after
lady clock this morning at twenty three minutes away from
seven back here. Though you think you're paying a lot
for affairs, you are right, you report out this morning.
This is from the Airport Council International EACI. And then
that's a bit of a story. I suspect sixty three
percent increase in this country domestically since twenty nineteen an
airline tickets one of the highest in the world, Malaysia's
fifty three, Vietnams fifty two. It's inflationary pressures, they claim,

(15:28):
not airport charges. Now. Jeremy O'Brien's the New Zealand Chief
Customer and Digital Officer, and as well, it's Jeremy, good morning,
Good morning, Mike Kean. Very well. Indeed, so many how
many facts are we dealing with here versus how much
politics is at play?

Speaker 3 (15:41):
Yeah?

Speaker 18 (15:41):
Look, so I can only really speak to the data
that we've got, and you know, air data shows us
that over that period, air fears at thirty five percent,
and we understand that that that's a big increase. But
you know the reason for that is that costs are
up by out of forty percent, and so we haven't
passed aled that cost on to the consumer. But as
a high high cost market that is exagerating at the moment.

Speaker 2 (16:05):
Do you get where they get their sixty three from?

Speaker 18 (16:08):
Look, no, I don't really get where they get their
sixty three from. I look at air data and air
sacks that you know we report regularly, and so you know,
we're very confident in their sacks base and that that
base tells us that fears are up thirty five percent,
in our costs are up over forty per cent.

Speaker 2 (16:24):
Now the marginal role of airport charges would you call
them marginal?

Speaker 18 (16:30):
Well, look if I give you an example before, you know,
if you take it one way flight from Aubland to Wellington,
we now pay sixty dollars sixty two fees before that
aircraft even miss the ground. So you know that's a
pretty fit proportion of your costs. And if I look
at vand and charges and packs levies over automatically they're
up forty three percent in twenty nineteen and in FY

(16:50):
twenty six we expect they're going to be up to
sixty seventy six percent, So I wouldn't say that that's
a small amount.

Speaker 2 (16:56):
In the report they talk of the so called single
till deals places like in you're in China where airports
are regulating, controlled by the government. Stuff. Is there anything
in that? I mean, are we just a completely different
model and it's pointless looking at it.

Speaker 13 (17:07):
Oh?

Speaker 18 (17:08):
Look, I think it is a different model, and you
know that is the model we're operating within within the market.
So you know, we have to run with the model
that accepted in this market, and that's what we try
to manage.

Speaker 2 (17:18):
So where are we at with the airports? I mean
the ComCom I personally was surprised the other day when
they decided they didn't need to look at airports. I mean,
I would have thought the airports need looking at what's
your view?

Speaker 3 (17:29):
Look?

Speaker 18 (17:29):
I mean, as you is, we look at we need
to look at the whole aviation sector. The reality is
we've seen significant cost inflation in our semester environments that
we're operating within.

Speaker 3 (17:40):
There's quite a lot.

Speaker 18 (17:41):
Of capital going to airports around the country and The
reality is we are a reasonably small country with long
distances supply and air. Position would be that in many
cases we think we're over capitalizing and that it's going
to impact a long term sustainability and affordability of the
market here in New Zealand.

Speaker 2 (18:00):
Doesn't change anything for the punter though. I mean, the
price is the price, and we hate the price.

Speaker 11 (18:03):
Don't we.

Speaker 18 (18:05):
Yeah, looking you know, I don't like the fact that
we're having to pay forty more in costs are either,
but it is the reality of what we're facing from
that cost environment perspective, and I think you know, all
of us are from a New Zealand in perspective.

Speaker 3 (18:18):
I would like it to not be as high inflation.

Speaker 18 (18:21):
As it is, but the aviation spector at the moment
here domestically is facing significant exhilaration in cost Good.

Speaker 2 (18:28):
On, Jeremy, appreciate it, Jeremy Oh Brian in New Zealand,
Chief Customer and Digital Officer. And never the Twain shall meet,
of course, And I'm keeping my eye on Cameroon, as
I said I would this. We haven't got any The
thing is they had a vote over the week in
the presidential vote, of course, and this bloke who runs
a bea forty three years in power ninety two years
of age, will be his eighth consecutive term. Already there's
one bloke claim victory, but he shouldn't do that because

(18:49):
the declaration flouts a government warning that any unilateral publication
of results would amount to high treason. This is a
constitutional council, so that blokes in trouble anyway. They also
this aforementioned council barred one of the blokes, the main
contender from I mean, the whole thing's dodgy. It's Africa,
for goodness sake. The whole thing's dodgy. But where what
I'm telling you. As they voted, there are a lot

(19:10):
of contenders for the job. B seems to be the
bloke who's going to get, which will make them a
hundred by the time, because they only have votes every
seven years, it will make them a hundred by the
time this is over. But we still, despite the fact
that it's been a week, almost don't have any numbers yet.
Nineteen to two.

Speaker 19 (19:24):
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your business running on business fiber. Pasky the latest thing
with China and Trump they got the rare earth's he's
got the soybean issue. He's got to be in his

(20:40):
bonnet over the soybeans because China's not buying any of course,
in Minnesota's screaming at him. So he's now going to
terminate business doing with cooking oil. And he says, we
don't need your cooking oil. Anyone can make cooking oil.
We're going to make our own cooking oil. I don't
even know that's true. I don't know how do you
make cooking oil?

Speaker 17 (20:56):
And you make it out of soybeans? Perhaps, so then
we have a nice secular there.

Speaker 2 (21:00):
I don't think you use sunflower? Is that the thing?
You don't use? Palm sugar, palm oil or sunflower use?
I use olive when I use when I say I
don't cook, I don't know what the hell I'm talking about.

Speaker 13 (21:09):
Six forty five International correspondence with Ends and Eye Insurance
Peace of Mind for New Zealand business.

Speaker 2 (21:16):
It's olive oil you use, isn't it, Joe.

Speaker 20 (21:19):
I use olive oil every day, Michael.

Speaker 2 (21:22):
The heat things are problem, I'm told though, because it
smokes up a little bit on the low temps. Am
I right in saying that or I can do.

Speaker 20 (21:30):
I find it pretty reliable. I think it's pretty good
for your health.

Speaker 2 (21:32):
Well, well, it's very good for your health. And if
you find it reliable, we all find it reliable. How
are you going that thing in Charmel Shake, where Maloney
was the other day. How's that been received in Italy?

Speaker 20 (21:43):
Well, I think more broadly than Italy, it's creating a
bit of a social media sensation. But this love fest
between President Donald Trump and the Prime Minister Georgia Maloney.
He's been endorsing her autobiography online. He's been telling everybody
she's an INSPI. When they were in Egypt at the
Peace Summit, he was telling everybody she was beautiful as

(22:05):
she stood behind him.

Speaker 2 (22:07):
So this is going on and on the biography. Have
you seen it? Read it? Is it any good? And
should I get a copy?

Speaker 20 (22:15):
I knew you were going to ask me that I've been.
It's on my list of things to do. It's now
available in English, and I think I'm going to do
that and report back to you. What's interesting. What is
interesting about it is that they say she was bullied
as a kid, and she was overweight and chubby at
school and had.

Speaker 2 (22:30):
A harsh time of it, but Joe, weren't we all?
But I mean, you get on with life. What I
want to know is she of a robustness in life?
And does she have a backstory that's worthy of a
book worth me reading? Is all I really want to know.

Speaker 20 (22:44):
Yeah, Look, I think the early days are probably the
most interesting. You know, single mother, the mother was going
to have an abortion, decided to change her mind, father
ran away. There's a good early year's story there. I'm
not sure about the rest of it. It could be
heavy going.

Speaker 2 (22:57):
All right, well, let me know, get myself a copy.
At the summer period, now, the economic growth southern Italy
is booming. What's going is that? Like in Capri and
stuff like that.

Speaker 20 (23:06):
Further south, so we're talking Colubria, Campagna Sicily. Surprisingly, they're
outpacing the rest of the country. But let's be honest here.
This is driven by EU investment funds that have been
released in that post COVID recovery plan that we've talked
about a bit. Now, in the last couple of years,

(23:28):
gross domestic product has risen eight point six percent down there,
compared to five point six percent nationally. So that is encouraging,
but what would you do without that EU investment surge?

Speaker 2 (23:38):
That's what I say exactly. Now the Tuscan village is
the later. So this is rent. So we've talked a
number of times about a euro a lira whatever to
go by your house. You're dump in a small village
you've never heard of. So now they're paying rent.

Speaker 4 (23:51):
Yeah, I kind of like this.

Speaker 20 (23:53):
Apparently, this little village that I've never heard of, called
Raddikondoli near Siena, has been offering financial incentives for a while,
launched a scheme towards the cost of buying a vacant
property and incentives towards energy bills and so on. Now
they're expanding that to rentals, and they're promising to cover
half the first two years of rent for new tenants

(24:13):
who come into the town.

Speaker 2 (24:14):
I reckon that's the way to go, because all I've
done quite a bit of study on this, because I'm
looking to retire in Italy.

Speaker 15 (24:19):
Joe.

Speaker 2 (24:19):
I don't know if you know this, because I'll be
coming around to your place to stay initially. Anyway, I'm looking.
I'm thinking the rint if you could get in their
rent and it doesn't work out in the village or whatever,
you can leave town. Whereas if you've bought your kind
of stuck, aren't you.

Speaker 20 (24:31):
Yeah, I think it's a great idea. And they promised
to have a website there in English, and I had
a look tonight and it was only an Italian So
I will stay on that and come back to here.

Speaker 2 (24:41):
Well, actually you're busy this week, Joe, because you've got
the book and now you've got my retirement plans as well,
So if you could just get home to the awesome
nice to see you, Joe, mckinna and Italy. By the way,
while we're on Trump, I'm sure you're up on it.
He's basically interfering now. In the Argentinian election, Malay was there.
They've gone and bought this, seems to be in charge
of this. They've got and bought Pasos. It's an interesting story, Malay.

(25:03):
He went in all guns blazing, very thatcherresque. This is
why Trump likes him. It seems economically to have worked.
But he's got a bit of fade going. In other words,
people are kind of over it because it requires pain.
People don't like pain. People don't like change. And with
the midterms coming up, there's a question mark as to
whether he can in fact remain empowering me the presidential elections,

(25:25):
not for a couple of years, but the midterms might
hobble them. So they've interfered in the economy. They've gone
aboard a lot of pasos and supported the economy generally
in the currency. Trump also says we're not going to
be as generous if Malay doesn't do well, So that's
direct interference, but no one seems to mind these days.
Trump can do whatever he wants. Meantime, HeiG Seth while
we're on the broad subject of the Trump administration, that

(25:45):
deadlines come and gone on the Pentagon, and it seems
basically be everyone's handed in their past. They tried to
negotiat with the Press office. No one was for moving.
And there's one outlets called One American Use. It's a
very minor Trump pro Trump thing, but no one else
has brought into it. Fox haven't Newsmax, haven't Daily Caller,
haven't that. The mainstream media haven't. So as far as

(26:06):
I can work out, no one covers the Pentagon anymore.
Nine to seven, The.

Speaker 4 (26:10):
Mic Hosking Breakfast with The Defender and News tog sadb.

Speaker 2 (26:14):
I must come back to this. Remember the Japanese woman
we got all excited about the other day that she
was going to be the next prime minister. Might not
be the case because things have collapsed and things getting
a bit tricky. But I'll need some more time on
that later. Mike may I sugg just avocado oil. Well,
you can, beautiful flavor, a little bit higher smoke point. Yeah,
fair col Mike, coconut oil much, but I'm not a
coconut fan. The coconut milk, the coconut water, the coconut

(26:35):
Fat's not good for you. It is not good for you, Mike.
Jim Bolge's lisp sometimes unkindly labeled potato mouth. His was
a political rain with a feel good sound bites of
a rural flavor unwittingly chose the right time to the
top spot. Not especially bright, maybe too much time in
the king country scrum. Nonetheless, a damn good all rounder,
sat down.

Speaker 17 (26:55):
I don't think we needed the potato dry fire. And
also I don't think it was the mouth. People said
that he had a face like a potato, didn't they.

Speaker 2 (27:02):
Yes, And also the ability to pick up an accent
in a foreign country in just an amazing.

Speaker 17 (27:07):
Ability, great memicory skills could.

Speaker 2 (27:08):
Be there within twelve hours in Washington. You swear he
was born in the United States, five minutes away from
seven B.

Speaker 4 (27:16):
The ins and the outs.

Speaker 1 (27:17):
It's the beiz with business fiber, take your business productivity
to the next level.

Speaker 2 (27:22):
Wait to tell you the old Watties thing's taken another
turn this morning. So we're talking about the peaches. A
week or so back, local grays being overlooked in favor
of these cheaper imports and now unfortunately further reducing the
fruit and vegi crop. This time we're dealing with beetfruit, corn,
and tomatoes. Demand for the canned foods has been in decline,
they argued since the cyclone, and until it seems to
demand increased, things will not change. They'll continue to blame

(27:45):
the reduction in demand alleged dumping. This is the weirdest story,
and I've got to spend more time on this. Some
stats suggest we do have an issue of dumping from
places like China. Chinese peach import volumes I told you
this the other day, right, increased from three hundred kilosndred
thousand kilos in a quarter to just below eight hundred
and thirty one kilos three hundred thousand to eight hundred

(28:07):
and thirty one mby looked at it and they said, yeah,
there's dumping going on there. And what did they do?
Nothing because they argued it didn't affect the domestic market. Now,
I can't work out how they conclude that anyway. Point being,
the other side of this equation is for all the
people who go around going I like local, I want
to support local. I love New Zealand made. It's all crap,
you don't. It's all price related. He imports some dirty,

(28:32):
smelly little bit of fruit in a rusty old ten
and pay three cents.

Speaker 17 (28:36):
You think we're going to have to do a blind
test past.

Speaker 2 (28:38):
Yeah, year in there like you're in there like a
robber's dog, right, Simming and Brown. He's got a big
speech coming up today. I've read the speech. He's going
to go at the senior doctors. He's sick of the
senior doctors because they're yet another collection of people who
are going on. And he's going to run this line
again about the morning three hundred and forty four thousand dollars,
and the moment he does that, everyone's going to.

Speaker 11 (28:56):
Go no, we don't.

Speaker 2 (28:57):
I know, doctor runs three cents and he only gets
a day off for a year and all that sort
of thing. So anyway, he's on the program shortly, so
Bill English. He is coming on as something completely different,
but it turns out it's apt to given he spent
quite a bit of time with Jim Bolder, of course.
And then if you like your music, Benji and Joel Madden,
how they got back together? Good Charlotte are back together.
They've dropped a new album. How they got back together

(29:19):
is quite a cool story. Anyway, they're both Weather's up
to eight o'clock as the Mike Hosking Breakfast rolls on
for this Thursday morning. The news is next.

Speaker 1 (29:26):
He with his talks Edree, the newsmakers and the personalities,
the big names talk to Mike the Mic Hosking Breakfast
with Veda, Retirement, Communities, Life Your Way News Talks head be.

Speaker 2 (29:41):
Only seven past seven. So the Health Minister today will
make one last pitch to senior doctors to stop the strike.
They projected one hundred and sixty million dollar offer. As
a result, sixty three hundred elective procedures will be canceled,
twelve six hundred specialist assessments delayed. Simeon Brown's with us morning.

Speaker 17 (29:56):
Good Morning Mike.

Speaker 2 (29:56):
So four separate strikes this year, how much of it
do you think is is a real case, a heartfelt
case that they feel hard done by, versus the union's
just don't like a national government.

Speaker 7 (30:08):
My view is this is politics over patients. The union
is deciding that they are going to disrupt the care
of patients in order to make their point, rather than
actually to sit down and negotiate through an offer. We've
put offer after offer.

Speaker 11 (30:24):
On the table.

Speaker 7 (30:25):
There's been facilitation. I've written to the Union and Health
New Zealand requesting both parties to enter into binding arbitration
so that an independent third party can make a decision,
and the Union rejected that offer as well. So my
view this is politics over patients, and ultimately patients are
the ones losing out. And that's my message that I'm

(30:46):
going to be providing very clearly to the union today
and saying call off the strike and let's actually work
through this as adults, rather than simply cancel care for
thousands of patients.

Speaker 2 (30:57):
Do you think you should change the law and binding
arbitration compulsory after receipt period of steps that don't work well.

Speaker 7 (31:03):
I think that's something we need to consider because clearly
what we're seeing here is a union that isn't actually
willing to sit down and actually work these things through.
And even though we've put that offer on the table
for them to voluntarily enter into binding arbitration, they've rejected that,
which clearly, in my opinion, shows that they're playing politics

(31:23):
here rather than actually being serious and trying to find
a way through it. In my view, it's unethical for
senior doctors the union, for the Senior Doctor's Union to
be to be striking. The unions represents thousands of doctors
who have a critical role in providing healthcare for New Zealanders,

(31:44):
and they are leaders in our health care space and
they should be showing leadership rather than playing politics with patients' lives.
There's many challenges and issues in our healthcare system. We
should work those through around the table rather than canceling
care for patients. And ultimately it's patients who are losing
out here.

Speaker 2 (32:00):
Out to your line, one of your lines in your speech.
Rights come with responsibilities, and right now, the strike is
a choice, not a necessity. When would it be a necessity.
I mean, it's whatever necessity is it?

Speaker 7 (32:10):
Well, I think when it comes to our seeing, you
know that this union and the members it represents, ultimately
these issues should be resolved around the bargaining table. There
may well be circumstances, but my point here is they
have had offer after offer, They've had the opportunity of
binding arbitration. They've rejected everything along the way. In fact,

(32:32):
the last strike, they rejected the offer and started balloting
their members on exactly the same day to go for
another strike. That does not show good faith. That just
shows playing politics with patients' lives. And there are too
many people waiting on these waiting lists. We've seen good
progress getting those waiting lists down, but if this type
of behavior continues, this union will be responsible for those

(32:54):
waiting lists increasing.

Speaker 2 (32:55):
Again, how confident are you with the numbers you keep quoting?
The three hundred and forty three thousand, five hundred plus
the six weeks and you'll leave, plus the paid conference leave,
plus access to the fully paid three months of bat
a celebrity, six years, five percent base increase over the
sixteen months, additional automatic annual steps increase. How confident are
you on those numbers because every time you raise them
people say you're making it up.

Speaker 7 (33:14):
Well, that's all on advice from Health New Zealand. The
average earnings of including overtime and allowances for members of
the asms union is three hundred and forty three five
hundred dollars. In their contractual terms, they get six weeks
and you'll leave every six years. They get a three
month sabbatical which equates effectively another two weeks and you'll

(33:36):
leave per year. They get other allowances for conferences, time
to go to conferences, which is thinks I think it's
another two weeks per year. So there is a significant
generosity in the terms and conditions these in the contract
here and ultimately what we're saying here is to the
union put patients first, let's deal all with these issues

(34:01):
the right way. And today really is their last chance
to cancel next week's strike and to get back to
actually dealing with us the way it should be dealt with.

Speaker 2 (34:11):
I wish you well with it's Simony and Brown who's
in front of the doctors today, Health Minister with us
this morning. I've read his speech and it's going to
be fascinating to see how it goes down. And he's
walking into a liones. Then, of course, eleven minutes past seven,
you'll report this morning Endo the cost of state housing
current seventy seven thousand. Coying at Aura homes cost us
the taxpayer twice as much as the private sector. Basically,
it wants tenants to have a greater choice of landlord. Now,

(34:32):
so Bill English was part of the independent review of
Cayeing at Aura and as whether it's to Bill, very
good morning to you.

Speaker 5 (34:38):
Good morning Mike.

Speaker 2 (34:39):
You've got some advice for Simeon. You've been Minister of health.

Speaker 14 (34:44):
Look, there's been a lot you know, sim and previous ministers,
including under the Labor government, put a lot of extra
money into health, and I can understand why it feels
a bit frustrated, and there's a lot of people need
care and it does look a bit political.

Speaker 2 (34:59):
Yeah, so broadly, just let me broaden it out before
we get to the specifics of this report. When you
went in to have a look at kaying Aura, what
did you find? How bad was it?

Speaker 11 (35:08):
Then?

Speaker 2 (35:08):
What's your view of the turnaround thus far?

Speaker 14 (35:12):
Look, I think they're doing a good job of the turnaround.
It's a big job. It's the biggest business in the
country by quite a long way, and a difficult one
to run because it's so big. So we found an
organization that had been following the directions of its previous
political masters on the previous labor government, and they were

(35:33):
spending very large amounts of money, running up very large
amounts of debt and getting some new houses, but not
near enough for the money that was going in. But
also there was a loss of focus on the tenant.
And the point of social housing is to change lives,
and that means focusing on the people more than the houses.

(35:53):
And it means who owns the houses is less important
than what you're doing to support the tenants.

Speaker 2 (35:58):
Is seventy seven thousand and two men for kyeing or
to own? And of seventy seven thousands too many? What's
the right ish sort of number? What's the split? What
should it be?

Speaker 14 (36:08):
Well, you start from the start from the front life.
All solutions, how all housing solutions are local, and all
housing solutions are about individuals and families. So you know
how many, how many? How many houses should someone own
who is supporting and understanding the needs of tenants and

(36:29):
taking part in the community. What do you need A
bit of scale, you know, probably a few thousand houses.
I think Tomachy Redevelopment Company has got about five thousand.
That looks about looks about a good scale. What we
found though, was an impressive energy and innovation with everyone
from Autism Zealand to EWI and ngngo's private developers who

(36:51):
can do a better job of this than eyeing aura
that there's no economies of scale the seventy seven thousand houses.
In fact, as the report shows, the opposite, the larger
the business, the more it's costing to do the houses. Now,
the current board will make the best of it. But
the best solutions we saw were with the ten or
fifteen thousand houses that are subsidized like state houses because

(37:16):
the government has to pay, but are run by people
who really understand the tenants, really understand their community and
get great results from it.

Speaker 21 (37:24):
All.

Speaker 2 (37:24):
Right, let's see where it goes while we've got you
your thoughts this morning.

Speaker 14 (37:27):
On Jim Bolgia, Ah, look it was I was wet
with Jim Bulger for many years in politics. He was
such an interesting mix. He was a conservative Taranaki farmer
who had the courage to kick off the treaty settlement process,
took on his own party an election year in nineteen

(37:47):
ninety six to sign the Knight Who and Taiinui settlements,
So you underneath the political maneuvering was a will of
steel and some principle people forget. He was also the
guy who bought in MMP, made a promise in the
nineteen ninety election campaign to have a referendum, oversaw that process,

(38:12):
accepting the will of the people, although he didn't personally
favor ingm MP, and then in nineteen ninety six negotiated
the first coalition. So he was just a fascinating character.
Such a mix of being true to his background from Taranaki,
his Catholic beliefs, his deep deep love of family on

(38:33):
the one hand, and on the other hand, executing some
of the more radical changes that New Zealand has seen.
And I have to say at the time didn't get
much credit for it, and I think his reputation has
grown with the benefit of hindsight. Our history is looking
kindly on.

Speaker 2 (38:50):
Jim Bolger very well said, appreciate your time, So Bill
English at a sixteen past.

Speaker 1 (38:56):
The Mike Asking Breakfast Full Show podcast on Iheartrate Howard
by News talks.

Speaker 2 (39:01):
It'd be good to hear from Bill English. Again. He
doesn't do much media these days, one of those people
who at the end of political life sort of disappeat
I mean each active obviously, he just doesn't do it publicly.
And he makes a very good point about the treaty
settlement process and I'm reminded of a wonderful bloke, Doug Graham,
and ended in tears. And I don't need to go
into that, obviously, but the most productive Minister of Treaty

(39:21):
Relations was Doug Graham. And the period of time that
Bolgier oversaw with treaty relations in this country was unmatched
and was a tremendously productive time between the Crown and Maori. Now,
speaking of politics yesterday, I think my advice to the
Prime Minister yesterday actually worked. If you were watching question time,
Luxton was on fire, which was good, but unfortunately some

(39:44):
people didn't see it that way.

Speaker 8 (39:45):
I heard some criticism this morning of his performance in
the House.

Speaker 2 (39:49):
Well I looked at them, mat and with that perspective
today he performs I think very well. You're talking about
what Mike said.

Speaker 17 (39:57):
Yes, I think Mike's.

Speaker 14 (39:58):
Got a point.

Speaker 2 (40:00):
He doesn't because he I don't know whether he nobody
knows politics like Mike knows that of course, which he
continually tells us.

Speaker 4 (40:09):
It's quite a good burn.

Speaker 2 (40:10):
It wasn't a bad burn. But where Barry made the
critical mistake is Luxton was good in the house yesterday.
Ask yourself why he was good in the house, Barryechnaker,
I agree with Mike, but I do.

Speaker 22 (40:24):
Of course you'd agree with you.

Speaker 2 (40:26):
Hosts are all the same.

Speaker 11 (40:28):
No, we're not.

Speaker 1 (40:29):
Seven the Mic Asking Breakfast Full Show podcast on iHeart
Radio powered by News Talks be.

Speaker 2 (40:40):
Hi, Mike. I'd love to be a fly on the
wall when Heather and Barry have a disagreement. Dan, those
two are in permanent counseling. It's it's I mean, what
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(41:44):
with Heart, Sbsbank dot Co dot Nz Asking now seven
twenty four and one of Live's small ironies speaking of
industrial action, as the teachers spend another week immersed in
industrial action, I got an email yesterday from a bloke
who was taught by my mother in the nineties. My
mum was a teacher and I'm pretty sure she never
went on strike. I certainly don't remember a picket line

(42:05):
at our place, a placard, or days at home when
I was a kid. In fact, even as a kid,
as a student, I don't remember having a day off
school because of strikes. I do remember a lot of
kids in the classroom, thirty something kids in the classroom,
one of the day's great complaints. Of course, didn't seem
to be an issue then, or if it was, we
just got on with it. I also remember we didn't
have a lot at home. Given teachers didn't get paid
all that much then, don't now sort of well, I mean,

(42:26):
you can say these days that quite a few teachers
are earning a six figure salary, so we've reached a
point where at least some are pretty well rewarded. Anyway,
the email, out of the blue, he writes and tells
me he was taught by my mum, who had inspired
him into teaching, which is where he is to this day.
And he was back in the old hometown for a
week or so and was hoping to catch up with

(42:47):
mum so he could buy her a coffee and thank
her for her inspiration. And that to me is the
essence of teaching. You were in it for the right
reasons and as a result, you were passionate about what
you did. Result of that passion it rubbed off on
some of those around you. It's not a bad thing,
don't you think to think back thirty odd years and
remember why you are doing what it is you do

(43:10):
and pin it in part down to a single person
or motivation, and then, having done that, reach out and
want to in some way pay it back. How many
teachers today do it for the right reasons and are
genuinely passionate and want others to carry the torch. How
many know the pay is never great, but that's not
why you do it. How many on the packet line
out of the classroom today, We'll get an email in

(43:32):
thirty years time thanking them for their hard work and
wanting to acknowledge the influence in the answer. Maybe the
difference between then and now asking Someone texted me about
Bolger and said, isn't he the one who gave us MMP? No,
we gave ourselves the MMP. It was called a referendum.

(43:53):
You count blame. We voted for it for goodness sake.
The funny thing about Jim Bolgia. I can't work out
whether he was covering his true care when he was
in power. Three terms success story can't argue with that.
I don't rate him personally that highly as a prime minister,
but three terms you can't argue with. Came to an
end when he left the country. In Shipley Rolldham. He
beat maclay of course to become leader of the opposition.

(44:15):
That was quite interesting at the time. McLay sh had
never been the leader of the opposition, but he was
never going to last in Bulge U s aw to that.
But I can't work out where a Bolgia was pretending
to be a conservative while he was prime minister, because
in later life, of course, he got hired by the
Labor government to do that fair paything. The last thing
really he was in public life. He was doing that
fair paything, and he came up with the idea that
ten percent of people in the workforce, if you wanted,

(44:37):
you know, sort of a cross industry, pan industry type agreement,
you should all have it, which struck me as a
very left leaning, very labour esque, very pro union type
of approach. And I thought did he mellow in older
age or was he always like that. He just tried
to hide it round as national mates could never work
out the answer to that. Let's get stuck into the

(44:58):
BSA and a couple of moment shall.

Speaker 4 (45:00):
We credible compelling the breakfast show.

Speaker 13 (45:04):
You can't miss.

Speaker 1 (45:05):
It's the mic hosting Breakfast with the Defender. Embrace the
impossible news, Tom sa'd b Michael.

Speaker 2 (45:11):
When you're at school. Teachers had compulsory arbitration, which they
won most of the time, but the Longee government took
it away and gave teachers the right to strike, which
they didn't want. Well, I'm not sure that's strictly true,
but it's interesting what Sumi and Browns said. The're going
to have to change the law and arbitration. You can't
recommend arbitration. We just keep turning it down. Mike Bolger's
big mistake was adding MARI suits to the already proportional
MMP system, forever distorting it and giving them the balance

(45:33):
of power. Well that's not true either. They don't have
the balance of power. But you are right in the
sense that under an MMP system there is no need
for race based seats. Twenty three minutes away from.

Speaker 23 (45:42):
Eight thou thank you the old Madden Good Charlotte back
together again.

Speaker 2 (45:47):
How they got back together again? It is quite a
good story anyway, they are back together again and this
new album, and they're coming here and we'll have some
details when they join us after eight o'clock. Meantime, the
Broadcasting Standards Authority seems to be making a big play
over their jurisdiction now. They visioned the issued a provisional
decision and claiming jurisdiction over a complaint that involves online
radio or an online program. This is the platform they

(46:10):
claim new media falls under the Broadcasting Act. Stacy Woods,
the Chief Executive of the Broadcasting Standards Authority, and it's
whether us good morning, good night, you're reaching here a
bit or not?

Speaker 15 (46:22):
Yesid no. We are applying the Act that we have,
but it is the first time that we've done so
in this way.

Speaker 2 (46:29):
Why now?

Speaker 15 (46:31):
Why now? Because we've received a complaint that sets the
definition and we meets our formal requirements. We can only
act when we receive a complaint and we feel that
we're required to in accordance with the Act.

Speaker 2 (46:46):
I've got the clause of the Broadcasting Act in front
of me.

Speaker 15 (46:50):
I'll go to the lot of people died.

Speaker 2 (46:52):
Yeah, and I can see why you've gone there, But
equally I can mount an argument as to why you wouldn't,
So why have you chosen the former.

Speaker 15 (47:01):
We've spent a long time thinking about this. We've been
the regulator for thirty six years. Obviously I haven't been
there the whole time, but we have thought about this
a lot, discussed it a lot, talked to a lot
of people about it. And this isn't a position we've
developed over night. We actually published it back in twenty
nineteen said we're going to do a full scale review
of our jurisdiction. Twenty twenty regulatory review was put on

(47:25):
the cards. There was an election coming with you, we're
going to pause the full review. But if a complaint
comes along about an online broadcaster, will consider it. And
that's what's happened.

Speaker 2 (47:36):
Difficulty with it if I was advising you, which are not, obviously,
but the difficulty with the complaint you're dealing with it's
in what I would term a fairly you know, it's
an inconsequential complaint. It's some winduris says you know, so
and so said, so you know this isn't This isn't
a dying the ditch type decision that you could you
could stand behind.

Speaker 15 (47:56):
Well, we haven't considered the merits of the complaint, and
I can't talk about that. But what I would say
is the Act doesn't give us that discretion when accepting
a complaint. The authoritady has the power to uphold, not uphold,
or decline to determine. But even in making that decision,
it needs to accept for consideration every complaint that meets

(48:17):
the very basic formal requirements of the Acts. So my
hands are sort of tied if we accept that transmission
of a program by means of telecommunication includes the Internet.

Speaker 2 (48:28):
Yeah, but do you I mean, obviously you've thought about it,
so you hand down your decision, whatever that decision is
in the individual's circumstances. But you are now in this space,
and being in this space, you set a precedent. And
the precedent you set is worrying, isn't it? Because what's
the difference between the platform online and the mic Hosking

(48:50):
Facebook page.

Speaker 15 (48:51):
And that's a great question, and that is why we've
been saying for fifteen years legislative change is the cleanest
way to solve this, because there are some programs online
that clearly fit within the definition of the Act. There's
a whole lot of question marks on other kinds of
media that are online, and we, as a very small

(49:11):
Crown entity, don't have the power to legislate the whole
Internet to site what people think. It's very gratifying, but
we don't want to regulate everybody.

Speaker 14 (49:21):
No, not clarity.

Speaker 11 (49:22):
No.

Speaker 2 (49:23):
But you're opening the door to you doing that, aren't you?

Speaker 11 (49:26):
Now?

Speaker 2 (49:26):
If I complain, if I lay complaining against my wife's
Instagram account, what are your hands equally tired? And you
must now look at that.

Speaker 15 (49:35):
We've said that we're going to assist online complaints on
a case by case basis, and we have previously said
that things like social media don't seem as clearly within
the purpose of the Act. However, we acknowledge these broadcasters
that simultaneously broadcast on their own channels, terrestrial channels, their
Facebook pages. So yeah, good, very good question, and we

(49:56):
look forward to determining those complaints if we can.

Speaker 2 (49:58):
So, what is it about Shawn's oper because we speak,
of course of Sean Plunkett. Is it the fact he's
in a so called studio with a microphone and looks
like it could be a radio program as opposed to
my wife's Instagram account, and she's standing in a field
saying perhaps allegedly the same thing, but without the format
of a studio.

Speaker 3 (50:17):
Yeah.

Speaker 15 (50:18):
I mean, part of it is the wording of the act.
But yeah, it's applying a pragmatic, pragmatic lens to it.
Does it look like radio? Does it sound like radio?

Speaker 11 (50:30):
Yeah?

Speaker 2 (50:30):
You can't say, so, you can't possibly ask does it
look like radio? Does it sound what? What an earth?

Speaker 15 (50:35):
When you go to well, when I excess radio, for instance,
I don't use a radio yet, so the way I
excess R and D National for instance, as I go
to their website and press a button to listen live.

Speaker 2 (50:47):
Well, that's your festive mistake, isn't it.

Speaker 15 (50:51):
As an example, when I'm listening to the microfting groups,
they might do the same. But when you go to
Sean's website, you do the same thing. Why does Wi
Fi differ from radio waves? Yeah?

Speaker 2 (51:06):
Does the government need to step in here and do something?
I mean, my only concern for you is that this
is Pandora's box personified, isn't it?

Speaker 14 (51:16):
Yep?

Speaker 15 (51:18):
And we would like to be they just let it
change to clarify this for us because we have eight
staff and we're required to consider a resumplaint that comes
to us, so we can easily see that this concern
unto all workload management issue for us.

Speaker 2 (51:33):
Would you find not that this and this is my
great criticism of the bsas I'm sure you're well aware anyway,
is that most of the decisions you make are of
no great consequence, and you go so and so said this,
and you shouldn't have done it, and that's the end
of that. If you were to find in the Platform's
case something substantive, you won't in this obvious instance. But
in a serious complaint, if you found something substantive that

(51:54):
required a fine or some sort of penalty that ends
up in court, doesn't I mean? Is where this ultimately
will be decided?

Speaker 15 (52:02):
Sadly, Yeah, our decisions can be appealed to the High Court.
There's obviously also opportunity for judicial review, and people are
welcome to use whatever legal avenues are available to them.
I know that Sean's very emotional about the receiving our
decision yesterday, and I can understand that it's intimidating to
leave a letter from a regulator. Well, maybe not for you,

(52:24):
you're seasoned, but the look out. We don't actually have
the power to shut people down. As you know, if
we assure a decision.

Speaker 2 (52:38):
Any lacy light, you want to shut me down.

Speaker 15 (52:42):
The only appeals that we've had in the last year
are actually that decision that we haven't upheld, which I
find interesting. So people shouldn't be too worried. I feel
that if people look at what we're wanting and what
we're saying, and what our acts is, the comparison to
Nazi Germany might start to fall away.

Speaker 2 (53:00):
Now, Okay, it's good to talk to your preciate a
very much fascinating subject. I don't know if the wider
world's fascinated by it, but certainly I am, because if
I was in charge of anything, I'd stop the BSA immediately.
Because the industry runs itself perfectly professionally. I can't remember
the last time they made a decision that was a
profound decision on a very serious complaint where somebody had
overtly crossed the line to a level that most New

(53:23):
Zealanders would go, geez, we need someone to step in
here and get this thing under control. And in the
shorn Platform case, it's somebody. I think he used the
term mumbo jumbo referring to some Mari content, and that's
the sort of stuff they deal with on an ongoing
and regular basis. If I was sure and plunking now
that I'm handing out advice all over the place this morning,
I'd be more worried about my financial circumstances than I

(53:45):
would about some regulatory authority that's really not to bother
A seven forty.

Speaker 1 (53:50):
Five The Mike Asking Breakfast, a full show podcast on iHeartRadio,
Power by the News talks at be where it is.

Speaker 2 (53:58):
Twelve minutes away from eight The Life and Times of
Jim Bolger to see the world.

Speaker 24 (54:10):
The time has come to have a New Zealander as
head of State of New Zealand. So there is can
I say emphatically no political.

Speaker 2 (54:23):
Crisis in New Zealand.

Speaker 24 (54:25):
It is new what we have, but we have the
largest party with the largest number of seats and we
will use that to make progress on the issues that
are important.

Speaker 2 (54:37):
To New Zealand over the next three years.

Speaker 24 (54:44):
The balance in terms of experience and new members coming through,
I think is reflected in the lineup, and I'm looking
for a crew performance in Parliament and outsider. The Commonwealth
offers a forum for its members to meet in an
informal atmosphere where we can speak freely, if necessary, firmly

(55:05):
among friends. If we hadn't have been prepared to do something,
if we were just totally passive.

Speaker 11 (55:11):
Then I think the Comwealth would assume lost elevance.

Speaker 24 (55:14):
Yes, the choice of peace or work has been with
him ever since Iraq's unprovoked act of aggression against Qwait.
Iraq has had almost six months and bye with the
United Nations Security Council demand.

Speaker 25 (55:31):
Courts withdrawal from Quait. What does attack demonstrated that an effect?
There are missiles in their thousands and did every day
called aeroplanes lead with pure and if you can commandeer
one of those, then you have a missile at your
hands and the people below you at your mercy.

Speaker 24 (55:52):
Discoverment will aim to last a full three year two
no reason why shouldn't we want to give stability. We
set out to target low to middle income families with
a job with children. That was the group of New
Zealanders who deserved the greatest break at this stage, as
it were the first harvest from the recovery.

Speaker 11 (56:13):
It's the first time.

Speaker 24 (56:14):
For a long time the Prime Minister of New Zealand
has been able to talk to the President of the
United States.

Speaker 25 (56:19):
In terms of determining who should meet is what I'd
be doing is looking at who can.

Speaker 3 (56:24):
Best articulate the issues we have to deal with, and
some of them are very big.

Speaker 24 (56:27):
The day's got its own element of sadness for myself
and for those who work closely with me.

Speaker 11 (56:32):
But I leave with no regrets.

Speaker 2 (56:35):
James Brendan Bolger, Prime Minister from November of nineteen ninety
two December of nineteen ninety seven, nine to eight the.

Speaker 4 (56:44):
Mike Costing Breakfast with Bailey's Real Estate News Talks.

Speaker 2 (56:47):
There'd be I sticks away from a cadrona hotel finally
been sold, stays in local hands. One of the new owners,
Warren Barclays with us Morning Mike.

Speaker 26 (56:54):
Morning, Mike.

Speaker 2 (56:55):
Is it the idea that came out of the sale
or had you guys always had your eye and it
should something you know, come to the market.

Speaker 26 (57:03):
No, it really came from the market. It was an
im went out from cad Thornton, the current owner, and
it's just caught for guy's imagination really, so there was
no thought previously no, you know, line up to to
get the hotel. It was just an opportunity that yeah,

(57:25):
came came from from Caid Thornton's putting the sale sell
sign up.

Speaker 2 (57:31):
What sort of consortium is it? How many how many locals?
Who's a good bugger? Who's a pain? I mean, how
did you put it all together?

Speaker 3 (57:37):
Now there's two guys.

Speaker 26 (57:38):
Theygas want to remain low key Mike so, but there
are a couple of high net worth individuals are Kiwi's
and so they approached me to become the publican and
to front everything, and that's what I'm doing. So but yeah,
they are good buggers.

Speaker 2 (57:55):
How much is it business? How much of it is altruism,
local ownership, ken in the community, all that stuff.

Speaker 26 (58:02):
I think it's probably both might. To be honest, it's altruistic.
They wanted to definitely keep it in Kei Wei hands.
That that was probably the motivation. And then beyond that
was that it's a it's a pretty good investment. It's
got a great trade in history, and so those two
things combined were really the motivation.

Speaker 2 (58:22):
What's the potential you reckon? Do you see upside?

Speaker 15 (58:26):
Yeah?

Speaker 22 (58:26):
I do.

Speaker 26 (58:27):
It's but with that upside comes just a modicum of caution,
just we don't want to change a lot. We don't
want anything like that. It's a it's got a good
trade in history, as I said, and it's as a
going concerned it's you know exactly what what what you want.
The business is solid and that's what we want to do.

(58:49):
We don't want to do anything that changes that. There's
just kiwis and international visitors all the time, every day,
and that's what we want to keep.

Speaker 2 (58:58):
You're not going to tell me the price, obviously, but
we all had a guess when it came to the market,
and I'm assuming you guys sort of did as well.
Was your guess right?

Speaker 20 (59:06):
Ish?

Speaker 26 (59:08):
Yeah, I think so. It's just they considered it, put
in an offer and worked through Wiskaide and came to
a settlement which was fear I think to both parties.

Speaker 2 (59:21):
Well done, Warren, and you're in the garden of the
hotel and we can hear that, so you enjoy it.
Warren Barclet at the Gadrona Hotel.

Speaker 1 (59:26):
News is next, asking the questions others won't the mic
asking breakfast with Bailey's real Estate, finding the buyers others
can't use togs Head b.

Speaker 8 (01:00:00):
You know, seven past eight. We're talking about a comeback.

Speaker 2 (01:01:17):
Good Charlotte and gathered away years ago, but a wedding
in the family changed it all and now they're back together.
We got a new album, Motel, the Cap and the
Here next year. I'll give you those details at the moment.
But in the meantime, Benji and Joel Madden are with us.
Good morning, Good.

Speaker 8 (01:01:30):
Morning air Joel.

Speaker 2 (01:01:32):
Let me see what I got this right. Basically, so
you're at a family wedding, you're singing, You've been asked
to do the after show thing. Everyone goes, oh my god,
they're fantastic. You stand there or somebody stands in and go, actually,
we're not bad. How about an album? Could we make
an album? Next thing? You make an album, next thing,
you're on a tour. Is that basically how it's gone.
If I got that right, Yeah, it's some version of that.

Speaker 22 (01:01:51):
You almost got it.

Speaker 8 (01:01:53):
We did.

Speaker 23 (01:01:56):
Kind of have a great time as a band there,
which was which is probably one of the key elements
of it is, you know, being in a band that
these guys since high school and then having this kind
of thirty year later, twenty some year later at this
wedding for my little sister. It's special and we had
a great time and we were all kind of well,

(01:02:17):
you know, you're drinking and you're like everything's great, and
you say something like, let's make an album. And then
on Monday or Tuesday morning after that weekend, BENJ calls
us all and goes, hey, you guys, let's make this
record we talked about and we're all like okay, And
so it stuck, which was nice, and here we are.

Speaker 11 (01:02:35):
You know, so it did it?

Speaker 3 (01:02:36):
Did?

Speaker 22 (01:02:37):
It did pan out?

Speaker 2 (01:02:38):
Just think Benji, I mean that was always going to
I mean it must be when you were in music,
rot it look you play can you look we're just
doing a wedding. We're just doing a little thing. Can
you you know, can you sing us a song? Can
you perform off for the show? I mean you must
have had a bit of that over the years.

Speaker 23 (01:02:53):
Yeah, I mean, well, the great thing was with this
wedding was that I mean, we've known our and she's
been on tour with us. We've noticed since she's like
six years old. So it was really special and you know,
and actually it was there was a vibe there. It

(01:03:14):
was so much love and I think when you're going
through a whole career, sometimes you get a little bit
jaded and a little bit burnt out, and when you
have these like beautiful moments and you just you know,
those life moments where you where you feel grateful and
you feel it's sweet, you know. So I think that vibe.
I even think when you listen to this album, it's

(01:03:35):
kind of sweet, Like there's a nice vibe, you know.
It's it's it's kind of it's it's genuine, you.

Speaker 2 (01:03:40):
Know, Joel, was there any dot you could do it
once you thought, yeah, let's give it a crack, any
doubt you could do it?

Speaker 22 (01:03:48):
A little bit of doubt?

Speaker 23 (01:03:49):
I don't know if it was that we could do it,
because I did think, like I think when we went
in and made the record, it was pretty it was
it was pretty secluded, like in the sense of like
there was no one there that didn't want to be
there making this thing, and we had no expectations, so
we didn't need to even release it. We were like,
let's just make the record and then we'll see what
we got and then we'll figure out what we should

(01:04:10):
do with it, if we should even put it out
or if we should, like we'll figure that part out
after we're done. Then we did the record, then we
finish it, and then we put it out. I think
my hesitation was, where does Good Charlotte fit in twenty
twenty five, twenty five years from our first record. We're
in our forties. We're not trying to be anything we're not.

(01:04:31):
We're not trying to be anyone else than we who
we are right now. I'm not trying to be any
other age. We're not trying to be any other anything.
And I think going on and putting a record out
where you don't know how well you're going to market
this thing because you don't even know what the hell
you think about putting a record out is probably that.

(01:04:53):
My hesitation was more like, where the hell do we fit?
And we'll find out and we'll see. And so everything's
kind of been like one step forward at a time
and just do what we feel and like, let's see
we don't we don't have some master planned Yeah, I
don't know where If you even see the way we're

(01:05:15):
planning our touring these days, it's like we're going to
do the world as much as we can. So let's
put one tour together at a time that we want
to do and so the first thought, you know, first
things first, Okay, let's do Australia and New Zealand. Okay,
got that now, next step we'll figure it out. So
it's it's been very much that it's been kind of

(01:05:37):
going forward and feeling our way through it and doing
more of just like what we feel and figure out
the commercial aspect of it later. I guess, so yeah,
one thing at a.

Speaker 2 (01:05:52):
Time, I guess, all right, listen, hold on, guys, beckon
the moment, Joel Maiden, Bingji Maiden, the the details of
coming here in the early part of the new year.
More from Good Charlotte Shortly eleven past eight.

Speaker 1 (01:06:03):
The Mic Asking Breakfast Full Show podcast on iHeart Radio
powered by News Talk.

Speaker 2 (01:06:08):
Zippy Use Talks. It be fourteen past eight, Good Charlotte
Back Together, going Joel Madden, Benji Madden with us. Listen,
Benji went, I mean, talk about the genesis of all this.
What's driving for you in the sense of people don't know.
Obviously you're very successful, but then you moved away from music.
You're in management these days, you've got your veeps operation,
you're entrepreneurs, so you're doing your own things. So obviously

(01:06:29):
you don't need to do this, So I guess the
question is do you want it?

Speaker 23 (01:06:34):
Yeah, I think it's really been that's a great question.
That's a great question. And you know, it's interesting because
the management company which has taken on a life of
its own and we're like and then Veeps, which has
taken on a life of its own, we've been like extremely.

Speaker 22 (01:06:53):
I don't know, like we've just been blessed.

Speaker 24 (01:06:55):
You know.

Speaker 23 (01:06:57):
It's interesting because those were just to see if we
could do it. We're just to they were just to
see if we could make a difference. With the management company.
We literally were like, if we can find one or
two artists and help them have a good experience and
build and buy houses and like build careers. When like that,
let's just see if we can help someone, right, and
and so now it's like that, wouldn't you know that

(01:07:20):
philosophy is like, uh, it's crazy that that's like a
new thing of like maybe we can just help protect
somebody and you know, get them fair deals. Wild, that's
wild that that's like a crazy thing. Anyways, BEEPS was
literally just was was uh, it was just a challenge,

(01:07:42):
you know. So those things brought us back to the
band with a lot of joy though, because we've done
a lot of healing through that stuff. Like when you
work with the band and you give them some advice
where they avoid something you didn't, it makes the whole
thing worth it, Like you don't you're not that there
is a release of like whatever poison is in there

(01:08:02):
where you feel bad about it, it's gone. Like when
you tell some when you when you get to work
with these kids and you say, hey, man, why don't
we do it this way? Like or when you get
to sell tell people to back off and we say, hey,
you don't got to think about anything. Go in the
studio and have fun and just just just do something
that you think is cool. Don't worry about the business.

(01:08:24):
We'll handle the business. And they go and they make
a record they love and you know, and there's different
different experiences like that that when you have them that
little part of you where it was a little scarred,
where you had an experience where you didn't have an
adult around you that wasn't making money off you, you know,
because that's the beautiful thing about us as managers. We
don't need the money, so we don't need to we

(01:08:45):
don't need to We don't need to tell people to
do things so that we can get the commission right,
Like we get to tell people, say you should let's
say no to that.

Speaker 22 (01:08:55):
Hey, why don't we say no to that?

Speaker 21 (01:08:56):
You know?

Speaker 23 (01:08:57):
And and so it's really we've we've done a lot
of healing in the last ten years. So getting to
come back to make this album, I don't know for
me anyways, obviously I'm going to feel this way. But
when I listen to this album, I hear a lot
of joy, I hear a lot of real I hear

(01:09:18):
I definitely like for me. The thing I love the
most about it we could never have done this album
until right now, is that we're comfortable in our own skin.

Speaker 22 (01:09:29):
We made this album for us.

Speaker 2 (01:09:31):
Literally.

Speaker 23 (01:09:31):
That was what we said when we made the album,
was like, hey man, we can always delete it. It
doesn't matter, you know, So let's just have fun, Let's
just see what comes out. Let's just enjoy the process
of making it. And you know what, that's the record
I wanted to make. I wanted to make the forty
six year old me record and talk about the shit
that I want to talk about now and be in

(01:09:53):
the place where I'm at now and be as happy
as I am, or ask the questions that I that
I still have. And so to me, regardless of whatever
journey this record takes on its life and whoever we
get to share it with, and for people that understand it,
the people that get it, that's you know, beautiful. But

(01:10:14):
for me, it was mission accomplished to just make a
record with Joel right now, as you know, forty six
year old dudes who are married with kids and.

Speaker 22 (01:10:24):
Just wanting to just be where we're at now.

Speaker 23 (01:10:27):
Not wanting to be kids again, not wanting to be
anywhere other than right we're at.

Speaker 22 (01:10:31):
And so to me, that's what the whole thing was about.

Speaker 2 (01:10:33):
What about you, Joel, do you want do you feel
the same way into what's been the magic of you guys?
In that sense? I mean, any number of bands creatively
over the years have fallen apart due to clashes. It's
almost inevitable, and you guys seem to have made it
through and happily.

Speaker 23 (01:10:47):
So yeah, I think we're very lucky in that way
that we figured out as you know, as brothers. I think, well,
we started off together and we had to survive together
in a lot of ways, and you know, part of
the process of healing was going back and and and
healing some of the childhood.

Speaker 22 (01:11:03):
Trauma and stuff like that that no one wants to
talk about, and now that do we. But we had
to go back and kind of work and fix it
and face it.

Speaker 23 (01:11:10):
And we did that together. And I think we were
lucky enough to have each other, uh, in this life
and then in this band. You know, in our twenties,
we we could barely communicate. We fought a lot, but
we made music together and I think and I think
that was our way of.

Speaker 22 (01:11:26):
Communicating and bonding.

Speaker 23 (01:11:28):
And then in our thirties we started to learn how
to talk and we started building real lives where I
think we were learning how to be adults and and
and and and get past the music, because I think
one you chase the music and all the things that
come with it to try and be good enough, and
then you realize that that's not actually what makes you
a decent person. And that was the journey we went

(01:11:49):
on to get all the way back full circle to
this simple idea of like, oh yeah, let's make a
record and let's have and you know, what, what's the
record sound like?

Speaker 3 (01:11:59):
Now?

Speaker 11 (01:12:00):
Forty six.

Speaker 22 (01:12:00):
I don't know, let's find out. The next step is
releasing it. Okay, was it good enough?

Speaker 13 (01:12:05):
Yeah?

Speaker 25 (01:12:05):
I like it.

Speaker 22 (01:12:06):
Let's put it out, Okay, next to release it, okay,
let's do some shows. It's pretty simple.

Speaker 23 (01:12:11):
And I don't know if that's a good answer for you,
but like, that's kind of how I feel these days,
is it's not that complicated, it's not that deep, but
some of the songs could be. I mean, we went
in the record and we were honest and we put
some heart into There's a couple of songs on there
that are about us heartfelt as we've ever been, about
as honest as we've ever been. But the process was

(01:12:32):
simple and everything after that now these days is like, Okay,
let's deliver the biggest and best show we can. It's
not that complicated. We're gonna do anything we can to
make it, and we're actually doing it.

Speaker 11 (01:12:45):
I mean, we won't.

Speaker 23 (01:12:45):
We're not playing that many shows these days, but we've
played like fifteen shows this year probably been the biggest
and best.

Speaker 22 (01:12:51):
Fifteen shows we've ever done. And some of these shows
for sure, and.

Speaker 23 (01:12:58):
I think, yeah, it's just been a process of being
present right here where we're.

Speaker 11 (01:13:04):
At in this moment.

Speaker 6 (01:13:06):
But we're not in confident ourselves.

Speaker 22 (01:13:10):
We're not in conflict with us.

Speaker 24 (01:13:11):
We're not in.

Speaker 23 (01:13:11):
Conflict, but we're But also the bar has been really
raised by all these bands around us. We have these
incredible bands around us, whether it's Chase Atlantic or bad
Omens or Architects or Idris Who. There's tons of bands
around us that have raised the bar of what we've seen,
what's what you should do when you play live, or
what you could do. So I think that we've been

(01:13:33):
enriched by while we set out to do something that
was a simple idea for us, let's be the guys
we wish we'd met.

Speaker 22 (01:13:40):
That was the simple idea.

Speaker 23 (01:13:41):
Then we end up meeting all these incredible artists and
they made it a really rich experience to think about, Okay,
what do you want to do for a live show
or how.

Speaker 11 (01:13:50):
Do you want to make this record?

Speaker 22 (01:13:51):
So I think we're living in our own kind of
world now of shit that we just have been lucky to.

Speaker 2 (01:14:00):
Yeah, there you go and want a great answer, It
was a good answer. Listen you guys. We look forward
to seeing you in the country next year. It'll be
the middle of summer, so it's all good, wonderful to
catch up and talk to you. Good luck with the album,
good luck with the tour. Maybe we talk when you hear.

Speaker 22 (01:14:14):
Mike, we appreciate it.

Speaker 2 (01:14:15):
There we go, Joel Madden, Benji Madden give you the
details on the contint. Just come a couple of months
because the tickets go on sale tomorrow eight twenty two.

Speaker 1 (01:14:23):
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(01:15:32):
eight hundred triple nine, three oh nine ASK and forty
one and all these bands for my youth coming back
and touring is great. Took my daughter to Blink one
eight two and I'll take it to a good Charlotte
next year. You'll be able to do that because they're
part of the new Live at the Domain Concert series
one off show Feb. Twenty seven, so right in the
peak of summer, be Beautiful they're headlining. Are Yellow Cards

(01:15:54):
going to be there as well. Pre sales tickets tomorrow
from nine. General public sales start on Monday from eleven
o'clock the Chinese case that never was well it was
until it wasn't, and then the questions started getting asked
and that has become a major political problem for Sakia Stama.
Their latest twist in the ongoing saga with Rod after

(01:16:18):
the News, which is.

Speaker 1 (01:16:29):
Opinionated, informed, unapologetic, the mic asking breakfast with a Veda, retirement, communities,
life your Way news togs had been you.

Speaker 2 (01:16:38):
Know whether it will lead to anywhere profound. But the
Regulation Ministry, David Seymow's invention, of course, is now going
to have a look at restaurants and cafes and bars
and food stores and food trucks and caterers and hotels
and all that sort of stuff, and they're going to
review the hospitality sector. One of the ones or examples
I came up with yesterday, food truck owners apparently faced
disproportionate costs from local council's depending on where you are.

(01:17:00):
So that's that sort of postcode thing. Best rule, I thought,
and it's a good one. Rules that kept hotel guests
from taking a glass of wine back to their room,
So there's a rule around that, and so have they
can tidy that sort of stuff up. More than fifteen
hundred complaints about hospital had come through the ministry's tip
line of inconsistency and over zealous enforcement. So they can
tidy that up and make business easier to do, then
I guess I'm all for it. Twenty three to.

Speaker 13 (01:17:22):
Nine International correspondence with ends and eye insurance, peace of
mind for New Zealand business.

Speaker 2 (01:17:28):
Right to the UK we go Rod Little's well, it's Roderick,
good morning, right. This Chinese spy case, just to background
it for people, So a couple of young guys, British guys,
they were accused of spying four China. Case was set
to go. Then it fell over. People went, well, what
the hell's happened there? And suddenly we've got a alleged
conspiracy theory. So key has been his hand has been

(01:17:50):
forced and so he's now releasing the details.

Speaker 11 (01:17:55):
Is that it.

Speaker 3 (01:17:58):
No, I don't think it's said he went near it,
either for Sirkeir Starmer or for this whole scandal. Don't
forget that one of the two guys arrested was someone
who worked for an MP, so that got the House speak.
The Speaker of the House, Lindsay Hoyle involved. He was
the enraged that this that this prosecution had broken down.

(01:18:19):
We had a standoff at Prime Minister's Questions between Sirkir
Stalin and Kenny Baderdock. It still seems to me that
Sirkir Starmer is not telling the full truth. They're saying
that that there was no government involvement and that there
was nothing they could have done to persuade the Crown

(01:18:40):
Prosecution Service that they considered China to be a threat.
But since that's happened, there's more trouble. This time it's
for the Tories. Dominic Cunnings, who was formerly an aid
to Boris Johnson and a fairly troublesome individual for the
Tories and not shy of speaking out, has spoken out
and said during his time there, this is going back,

(01:19:03):
you know, five six years. During his time there, the
Chinese hacked into the very center of British security, parliamentary security,
and knew everything that was going on, and it was
all hushed up by Boris Johnson. And that's put the
cat among the pigeons as well. But the crucial thing,
the really bizarre thing, is that nobody seems able to say,

(01:19:27):
even Kenny Badenoch chose her word, sorry, Key was able
to say that China's a bit of a threat. And
I think you and I would concede the China's bit
of a threat, you know. And I think this goes
down very very badly. Indeed with the public.

Speaker 2 (01:19:43):
The point for people who haven't followed it is as
they were spying for the Chinese and what the case
hinged on was the government's interpretation of what China was.
Are they a threat or not? And so Starmart PM
hughs is arguing, well, look, the reviews started in twenty fifteen.
It's all your fault New Tories if you hadn't got
yourreck together. So is there aspect of it.

Speaker 4 (01:20:07):
True now, not entirely.

Speaker 3 (01:20:10):
I mean, it is absolutely true that the offenses supposedly
took place when the Tories were in office. For a
staff Sastarma does have that on his side, but nonetheless
he was the Prime Minister at the time the case
came to court and his people, his Civil Service were
unable to give the Crown Prosecution Service the ammunition they

(01:20:32):
needed which would have put which would have said that
China is a bit of a threat. Now, as far
as I'm concerned, you know, I've darged in about how
it works in other countries. But anyone who is surreptitiously
working for a foreign power, whether it be China or
Kiriri Batty, frankly, that is a threat. They are doing

(01:20:53):
that for underhand purposes, you know. And well it's China.
You would have thought that there was no quite of that.
And so that is where we are at the moment.
And Dominic Cummings is once again striving like a colossus
across the across the political firmament, and I dare say
that a fair amount of his motivation is to stick

(01:21:15):
the boot into is the former boss, Boris Johnson, who
he broke up with acrimoniously exactly.

Speaker 2 (01:21:21):
Rachel Reeves. I'm fascinated with how she comes up and
explains it or does whatever next month, because it seems
that she's out today talking about the possibility of text
rises against the backdrop of the Labor Party saying we
will not raise Texas. So she's going to break that promise.
How is she going to do it? And how much
political capital do you reckon she burns in doing it.

Speaker 3 (01:21:41):
The circumstances have changed, is what she will say. Things
have got much worse and it's all the fault.

Speaker 14 (01:21:47):
Of the Tories.

Speaker 3 (01:21:48):
That's rightly what she will say when she will say
that the markets haven't been terribly propitious.

Speaker 14 (01:21:56):
And so on and so on.

Speaker 3 (01:21:57):
The truth is that we've got, you know, one of
the lowest rates of growth in the G seven, with
lapping behind Europe. There's not much investment coming into the country.
And she failed, of course, or so Keir Starmer failed
to get welfare benefit cuts through Parliament. So she's had

(01:22:18):
very very little recourse other than to hint that there
will be tax rises, and most people think there will be,
and which is why we have a totally stagnant housing
market in this country because people are scared stiff about
what Rachel Reefs is going to do in the budget.

Speaker 2 (01:22:34):
Interesting, Hi, listen before you go. There was I'm sure
you saw it. The tamb lawyers are one of the tablets,
had what they termed a megapole. It was multi level regression, poltice,
post gratification, Paul blah blah blah. Anyway, the point being
that reform would end up they claimed with four hundred
and forty five seats, largest majority in the history of
ver Labour's down to seventy three, lib DM's forty two,

(01:22:57):
we SMP forty one, Corbyn's Party thirteen, the Tories. I'm
in sixth place with just seven MPs. How if the
election was held right now, do you reckon that's true?

Speaker 3 (01:23:10):
I think probably not. I think it's probably overstated. That
being said, Mike, when previous opinion polls have come out,
I've always argued in the past that reforms vote has
been a little hidden because people don't like to say
they vote reform. So in a way, I can't have
it both ways. My guess is that that must be

(01:23:32):
surely overstating the case. But the fact that if there
were an election tomorrow the reform would win, I think
that's yes, absolutely certain.

Speaker 2 (01:23:39):
Yeah, good stuff, Mike, You have a good week and
we'll see you next Yuesday. Appreciate it very much. So,
just to reiterate those the size of it, six hundred
and fifty seat parliament reform they claim in this poll,
and the methodology is what made it such a big
deal because they extrapolated out from individual seats being a
first part of the parts of the post system reform.

(01:24:00):
Out of the six hundred and fifty six in parliament
reform would get four hundred and forty five incredible sixteen
to nine.

Speaker 1 (01:24:06):
The High Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks a.

Speaker 2 (01:24:11):
B other thing in Britain. By the way, they've just
announced that you'll need to speak English to an A
level standard. These are tougher new rules if you want
to be a migrant from next year January next year,
graduates and those areplaying for these skilled worker or scale
what they call scale up visas. If you come to
this country, you must learn our language and play your part,
which doesn't seem unreasonable. Going to be tested. This is
the part that could be really interesting. You're going to

(01:24:34):
be tested in person, speaking, listening, reading and writing at
home office approved providers. How long you reckon before a
number of Home Office approved providers turn out to be
dodgy as?

Speaker 11 (01:24:47):
Or you know what?

Speaker 2 (01:24:48):
Skilled Worker Scale Up High Potential Individual visas required to
reach B two level. That's a step up from B one.
It's equivalent to GCSE, which is sort of the old
school SERD. If you want to run it that way.
Skilled work of visa migrants have to work for a
government approved employer earn at least forty one thousand pounds
a year or the quote unquote going rate for their
type of work. And according to the British Council B

(01:25:09):
two to understand the main ideas of complex texts of
concrete and abstract topics. Well, I don't even know what
that means, so well.

Speaker 17 (01:25:22):
That counts you out. Then you tried to turn up
in England on.

Speaker 2 (01:25:25):
The boat, I just might, I might struggle in that
particular part of the world. From our economy, house building
costs are seemingly now under control, which is encouraging. This
is the Curtality Construction cost index out this morning, zero
point four percent for the three months so three months
to September annualized, it's at two so that's well below inflation.
That's the key there. Materials now better supply, wage growth

(01:25:48):
has steadied, more predictability in project pricing. So you remember
during the pandemic. Post of pandemic, it was ten eleven percent.
The whole thing was ridiculous and no one wanted to build,
who could afford to build? For goodness sake, it's still
expensive to build because two percent to still two percent
more than it was a year ago. And that's on
top of costs you would argue a year ago you
probably couldn't afford related matters. Though in HOSPO I mentioned

(01:26:08):
the hospital industry look at investigation from Seymour's department will yesterday,
we don't have one through fifty, but we do as
of yesterday. One through fifty doesn't come out for a
couple of weeks, but fifty one through one the best
most influential list of best hotels in the world. Now
everyone's got an influential list, so I don't know how
influential this actually is. But in the fifty one through

(01:26:31):
one hundred list, Hooker Lodge has come in at eighty eight,
which is the first time a New Zealand's hotel has
come in the top one hundred. It's possible there's one
in the one to fifty. We don't know, but it's
the first time we've been in the top one hundred,
so that's encouraging. It's eight hundred experts, hotels, travel journalist, educators,
luxury travelers, all that sort of stuff. But hook Lodge,

(01:26:53):
which has recently been refurbished and expanded, not been there
since it's been done. But they say it's beautiful. It
was beautiful to start with. We got married for goodness sake,
and we still at a photo at home. The gift
to us as we left, by the way, was a
photo of the place we got married, which was just delightful.
Were you then win?

Speaker 11 (01:27:07):
Yeah?

Speaker 17 (01:27:08):
I feel like we broke it because it sort of
went it was sort of went down hell.

Speaker 2 (01:27:13):
But after we were there they had to fix it up,
fixed it up after we were there for the day. Well,
there you go there there.

Speaker 17 (01:27:19):
I remember there being a lot of photographers in the
bushes across the.

Speaker 2 (01:27:23):
River closed airspace when I was standing there. We were
standing there and the person said to me, we're going
to have to close the airspace. I thought, this has
got ridiculous.

Speaker 17 (01:27:33):
I remember trying to keep Jason out of the pool
as well. That was a struggle.

Speaker 2 (01:27:36):
Yeah, but that had nothing to do with the wedding.
Nine minutes away from nine the.

Speaker 4 (01:27:41):
Mike Hosking Breakfast with the Defender and News Togs.

Speaker 2 (01:27:43):
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Nz asking if anything about the wedding er and mean
just down. Memory one of one of the UPSIDES i
guess of the so called demise of The New zealand
media was back twelve thirteen years, ago me getting married

(01:28:47):
to somebody Called Kate hawksby turned out to be a
reason for and When glenn talks about people in the
bush's not. Joking there are people in the, bush and
people followed us, around and it was just the whole
thing was, pathetic and clearly there were too many people
with too much time on their hands and too many.
Cameras and so one of the upsides of the media
sort of falling apart was that no longer, happens no bad.
Thing five minutes away from nine.

Speaker 1 (01:29:07):
Trending now With Chemist warehouse celebrate big brands and biggest.

Speaker 2 (01:29:12):
Savings So New york merrial, race Which i'm following with
a tremendous amount of. Interest so the Guy, mindarmi who's A,
democrat and to call him A democrat is to misrepresent.
Him really he's basically a. Communist, anyway he's currently winning
poles have him at forty six. Percent nearest rival Is.
Cuomo quomo went against him in terms of The democratic

(01:29:32):
nomination and the primary and, lost and that's where the
thing became really interesting because that was a boil. Over
so then the question was Does cuomo stay in the,
race and if he, does how so he stays in
as an, independent which is where he is at the
moment forty six to thirty. Six, Now mindami's turned up
On fox this morning with a message for Mister.

Speaker 21 (01:29:50):
TRUMP i want to take this moment because you spoke
About President, trump and he may be watching right, now
AND i just want to speak directly to The, president
which is THAT i will not be a mayor Like Mayor,
adams who will call you to figure out how to
stay out of. JAIL i won't be a disgraced governor
Like Andrew cuomo who will call you to ask how
to win the. SELECTION i can do those things on my.
OWN i, will, however be a mayor who is ready

(01:30:11):
to speak at any time to lower the cost of.
Living that's the way THAT i am going to leave this.
City that's the PARTNERSHIP i want to, build not only With, WASHINGTON,
dc but anyone across this.

Speaker 2 (01:30:20):
Country simply not. TRUE i, mean he's not going to
lower the cost of living at. All but don't get
me started on that. Anyway cuomo and the other, guy
and this is the fly in the, ointment guy Called
Sleevera Curtis. Sleewer so he's the. Conservative. Now he was
claiming the other day that he's getting calls on a
fairly regular basis from money In New york, as some
of which may or may not be connected To trump

(01:30:41):
to step out of the race because essentially what The
trump team, wants or what most conservatives, want is a
head to head With mendami And. Cuomo and as soon
As sleeva stays in the, race he splits The cuomo
vote or the independent, vote or the conservative vote or
whatever you want to call. It but so by him
staying in the, race it becomes a. Problem so that's
where we're at. Currently mendami look at this stage anyway

(01:31:01):
to be heading towards the mayor's. Job first election debate
is tomorrow when you might have something under your program
With richard And. Co when we join you For Friday
morning A, solution as, Always Happy.

Speaker 1 (01:31:13):
Days for more from The Mic Asking, breakfast listen live
to News. Talks it'd be from six am, weekdays or
follow the podcast On.

Speaker 4 (01:31:25):
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