Episode Transcript
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Speaker 1 (00:00):
Your source of freaking news, challenging opinion and honored facts.
The Mike Hosking Breakfast with a Vita, Retirement, Communities, Life
Your Way News, togs Head been.
Speaker 2 (00:11):
Welcome today, Economy wats good news from the land services,
though are a bit of an issue. Shane Jones on
running out of gas completely, the Eden Park Investigation, Ellen Davies,
Jonathan Creek and Qy Fames and for Chat Afteray Catherine
Field and France. While little is that you've written asking
welcome to Tuesday seven past six, small irony as are read.
Are you in the right industry? It was the question
(00:33):
posed in the headline yesterday by the release of those
numbers we gave you on the program. Are you in
the right industry? The inference of courses. The right industry
is the one that pays a lot turns out, as
we told you, that's mining or versions of it. If
you're into drilling and digging and in general and fairly
far flung places, the money's pretty good. You might want
to ask yourself why that might be. Could it be
(00:53):
its hard, physical, dirty work in a bar flung place.
Hence you've got to get paid pretty well. Most of
us aren't into that other areas, but management and finance featured.
These are all careers or industries where the median wage
is well in excess of one hundred thousand dollars in
a country where the average wage is about eighty thousand dollars.
The irony of the headline was it came on the
first of several days this week, in which, of course,
our good friends the teachers will not be going to
(01:15):
work because they are yet again on strike, and they're
on strike for more money. Well, I mean, they'll tell
you it's about resource, but that's only partly true. And
I know it's only partly true because no union i've
heard has suggested they would forego pay rises to be
placed into said resource. They want their cake and they
want to eat it too. But it's led to the
big question, what is the right industry? And is any
(01:37):
industry sensibly judged by money and money alone? I mean,
can you honestly say you chose career A, and you
did so because it was all about the numbers. Teaching,
of course, is an excellent example of where numbers aren't
the reason for the choice. No one goes into teaching
for the money or nursing, or anything organized or unionized
or under a management system that makes you an employee.
If money is your driver, you might well get comfortable,
(01:59):
I suppose, or well, but you will most certainly likely
be miserable or bored or both, because forty plus years
of anything you didn't choose out of passion is a
workplace death sentence. If passion and joy isn't what it's
all about from day one, it doesn't matter what they
pay you.
Speaker 3 (02:14):
What news of the world in ninety seconds right with.
Speaker 2 (02:18):
Star stayed signed with the Kirk investigation update from the FBI.
Speaker 4 (02:21):
The suspect rot I don't say I have the opportunity
to take out Charlie Kirk.
Speaker 5 (02:25):
And I'm going to take it.
Speaker 4 (02:26):
But we have since learned that the note, even though
it has been destroyed, we have found forensic evidence of
the note, and we have confirmed what that note says.
Speaker 2 (02:35):
That's cash and cash is in trouble, and I have
more on that in the moment. The President, though he
weighed in proble left.
Speaker 6 (02:41):
And when you look at the agitators, you look at the.
Speaker 5 (02:45):
Scum that speaks so badly of our country.
Speaker 2 (02:48):
The American flag burning's all over the place, that's the left,
That's not the right, The VP, host of the Kirk Podcast.
Speaker 6 (02:55):
He was a joyful warrior for our country.
Speaker 7 (02:58):
He loved America.
Speaker 1 (02:59):
He devoted himself tirelessly to making our country a better place.
Speaker 3 (03:04):
He was a critical part of getting Donald Trump.
Speaker 8 (03:07):
Elected as president, getting me elected as vice president.
Speaker 2 (03:09):
In Britain, Stamer starts the week in the world of
Paine again as he desperately tries to get the Mandelssohn
mess behind him.
Speaker 9 (03:15):
I knew of his association with Epstein, but had I
known then what I know now, i'd never appointed him.
Speaker 2 (03:25):
How big is a spied? Mind you? The Tories have
their own troubles as yet another of their number bail
to reform.
Speaker 6 (03:30):
He'd been in number ten as Boris Johnson's political secretary.
Speaker 10 (03:33):
He'd also chaired Rob jen Ricks leadership campaigns, so it
is a significant defection.
Speaker 2 (03:39):
He by the wise, the first sitting in Peter. What
we'll have more with Rod later on in the program.
From the image, they're still fizzing over Owen Cooper's When
this was for adolescence, of course, est taughtum drama.
Speaker 11 (03:49):
Really good at improvising, really good at getting up there
and just giving it a go, and I think obviously
with the adolescence being the one take the one shot,
those skills that helote with el Sarah been able to
keep it going if it hit it goes wrong and
really helped him.
Speaker 2 (04:04):
Finally, from Idiot Watch, a couple decided that they wanted
to take a dip in the Venice Canal. You country that,
for obvious reasons, are gone to be as told the
police who were waiting as they got out of the water.
So they were fined eight hundred and eighty five bucks
and given a forty eight hour band from Venice. If
you see seems to be a thing in Venice. This
was the one thousand, one hundred and thirty sixth sanction
so far this year for badly behaved tourists, ten of
(04:25):
those for swimming. Here's in the world of ninety A
couple of things, Diane Abbott. This is the other problem
plaguing this morning. Paul Obndon, who's the director of strategy,
was at number ten. He sent out a whole lot
of really rude messages back in twenty seventeen about Abbott.
They've come to light, so he's had to go. So
that's another problem. Meantime, good news US and China they
got a framework on TikTok. Thank the good Lord. This
(04:46):
was the second day of these ongoing negotiations in Madrid.
Bessence there. The deadline was Thursday, our time to sort
this out or else they're going to bail on byte Dance.
While so they said, I didn't think they ever were anyway,
it's two private parties. Commercial terms have been agreed upon.
Thank the good Lord for that. Twelve Pass six.
Speaker 1 (05:05):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks Evy.
Speaker 2 (05:14):
Fun Fact Tuesday for you. Alphabet has become overnight the
fourth company to be worth three trillion dollars. You remember
when they broke through one trillion. Everyone got excited. It
wasn't actually that long ago. The other thing EU, by
the way, the European Commission, which is not the u SEC.
They're proposing new sanctions on Russia are the usual, but
they're then adding all what looks to be some sort
(05:34):
of restriction on tourist visas, which is interesting. So we'll
talk to Catherine about that shortly. Fifteen pass JMI Well,
thank helloheer, Welcome to the day. Very good morning, Mike
Serviss sector forty seven point five. I know that's not good.
Speaker 7 (05:49):
No, it's not.
Speaker 8 (05:50):
No, there's so much talk at the moment, isn't about
the sort of economic recovery. And we got a wee
reminder yesterday that it's going to take.
Speaker 12 (05:57):
A while for us to see sort of broad based
and sustained evidence of that recovery.
Speaker 8 (06:03):
So you are referring, Mike to the B and Z
business you see and performance of Services index, which follows
on from the manufacturing index released on Friday, which dipped
back into contraction, and the services sector unfortunately also still
in contraction. And that contraction just gripped a little bit
harder in August than it did in July. So and
we know it's a big part of the New Zealand economy.
(06:25):
So yep, forty seven point five. You've given us the
number MIC that fell one point four points from forty
eight point nine in July. To give you some context,
the long term average for this DART series is fifty
two point nine, so we're a fair way away from that.
If we break it down into its components, are the
activity sales, which you want to see lifting there at
(06:46):
forty six point two which fell from forty seven point five.
Speaker 12 (06:49):
New orders obviously vital.
Speaker 8 (06:51):
You're not going to get a growth in the future
unless you get those new orders lifting. They also fell
from forty nine point nine to forty seven point eight.
Speaker 12 (06:58):
Employment did lift a little bit.
Speaker 8 (06:59):
Forty eight point three from forty seven point three. Now,
comments from respondents reference widespread pressures still, Mike, still from inflation,
high interest rates, cost ofly impacts, and wea can consumer sentiment.
And if I look at the services sectors around the world, Mike,
there's an average there of fifty three point four, So
we are an international outline in the services sector.
Speaker 7 (07:21):
You wrap it together with.
Speaker 8 (07:22):
The manufacturing index and you get this composite index on
a GDP weighted basis forty seven point nine, down from
forty nine point four. So in the last two years,
we've had barely a flicker in that composite index.
Speaker 12 (07:34):
So what I would say, Mang is.
Speaker 8 (07:36):
Collectively, I think we're getting a little bit impatient to
see these proverbial green shoots, and I actually think we
need to we need to ditch that term a little
bit because it's starting to get a little bit tired.
But we want to see them, don't we we want
to feel good about and we want to get confident
about and the reality is, I think it's going to
be a patchy and a stuttering process and we probably
(07:58):
just have to be content new to be patient.
Speaker 2 (08:01):
Which is why we love the farmers.
Speaker 8 (08:03):
And the farmers don't need to be patient, do they,
Because the farmers are happy the Rabobank Rural Confidence Survey,
so primary producers and this is.
Speaker 12 (08:11):
Important mite across all sectors.
Speaker 8 (08:13):
It's not just the dairy farmers, it's meat as well
as the grows as well.
Speaker 12 (08:17):
They're looking favorably at the twelve months ahead.
Speaker 8 (08:20):
Major source of optimism and there's no clues for getting
this ride.
Speaker 12 (08:23):
It's high commodity prices. They remain confident about their own
business performance.
Speaker 7 (08:27):
And what's really.
Speaker 12 (08:28):
Important is their investment intentions, which.
Speaker 8 (08:31):
Speaks to confidence. They rose at the previous survey. They've
held there there there are strongest level they've been since
twenty eighteen. Look, there was a question I asked and
here about what do the farmers think about tariffs?
Speaker 12 (08:42):
The question is it was a mixed response, mixed concerns.
Speaker 8 (08:44):
But they're not overly concerned there, so that yeah, they're
at the headline level farmer conferences at plus forty six,
second highest net recording in the last ten years. It
was only high in twenty seventeen, fourth consecutive quarter of
elevated farmers sentiments. Fifty one percent of farmers now expecting
performance of the broader agri economy to prove in the
year ahead. So you know, high milk and actually when
(09:06):
you look ahead for the dairy farmers in particular, that
high milk price should continue. Not only that from the
cell of the consumer division, they're going to get a
capital return as well. So yeah, happy days for the farmers.
I thank goodness that they're in good shape.
Speaker 2 (09:20):
That's true. We've got the dairy tomorrow, haven't we We
have my cab'll stand by for that. You'll be on too, that,
won't you?
Speaker 7 (09:25):
Of course?
Speaker 2 (09:26):
Exactly? China? I really you say so the China slow down?
How long has the China slow down been going on?
Seems like it's have been slowing down for years.
Speaker 8 (09:33):
Well, actually, have an interesting aside here, So what did
what did China have? China had a massive asset bubble
in the property and it just takes a long time
to come out of that.
Speaker 12 (09:43):
What did we have?
Speaker 8 (09:44):
We had a massive asset price bubble as well. Yeah,
big data dump yesterday. Industrial production up five point two
percent year and a year. That's the smallest gain since
August last year. Retail sales grew three point four percent
year and a year to August. That was below expectations
and fell from a three point seven per think gained
the previous month expansion, and fixed acid investment year to
date zero point five percent, worse reading for that period
(10:06):
since twenty twenty. Look, there have been various economists and
analyst responses to this, but what it looks like is
we got a little bit confident in the first half
a year that might be a little bit of growth.
There's concern now the second half of the year in
China is actually going to reverse that and they're going
to see a slow down, and it may be quite
a sharp slow down.
Speaker 7 (10:23):
We don't want to see that.
Speaker 8 (10:24):
Actually, numbers please, So the yeah, the down Jones has
fallen just slightly, but it was a fairly subdued start
of the week. The Dow Jones is down two points
forty five, eight hundred and thirty two. The S and
P five hundred is up point four percent twenty nine
points sixty six one three and the Nastak It's up
a point eight one percent twenty two thousand, three hundred
and twenty one, the footso one hundred down six nine
(10:46):
two seven seven, the Nicke up point eight nine percent
forty four thousand, seven hundred and sixty eight. Shanghai competit
lost a quarter percent three eight six oh and the
Australasian markets quiet to start the week eight eight five
to three on the A six two hundred, that's down
twelve points, the insects fifty down twenty points point one
five thirteen two hundred and eight.
Speaker 12 (11:06):
KeyWe against the US on the wholesale markets point.
Speaker 8 (11:09):
Five nine seven four point eight nine five to one
against Ossie point five oh seven four Euro point four
three eight nine pounds eighty seven point nine eight Japanese
yen gold three thousand, six hundred and eighty one dollars
and Brent Crude behaving itself sixty seven dollars.
Speaker 2 (11:23):
And sixty one cents well Andrew Kelliherjoemowealth dot Co dot
n Zaki easily. Kodak they've got these toy cameras. They're
called Kodak Shimira. They're just released but you can't get
one because they're already sold out. It's all about nostalgia.
They're selld are sold in blind boxes, so that's seemingly
becoming a trend. So you don't know what you're getting.
But they're little palm sized point and shoot cameras. They're
(11:45):
in collaboration with the camera company called Reto. They're thirty grams,
they're two point two inches, so they're little tiny. It's
a functional accessory. They come in seven different styles. You
can buy a single camera for thirty bucks or the
whole lot for one hundred and eighty. So the thing
six twenty one News Talk said me.
Speaker 1 (12:05):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at B.
Speaker 2 (12:11):
Well, he might come in my twenty eighth year, as
the teacher never went into for the money, still not
I see teaching is a vacation, not a job. A
pity many of those in teaching see it as a
job and what it adds and what the job can
do for them. I think you make a point Ken
my reference to cash pttel. A moment ago guy called
Andrew Bailey, former Missouri Attorney General Andrew Bailey. He was
(12:33):
once Trump's top pick to lead the FBI. He's going
to be sworn into a new power sharing role with
the Deputy FBI directed Dan Bongino. So this is because
Cash is in trouble. No one likes Cash. There are
ten sources being quoted for this. The reasoning is to
create an unprecedented office for Bailey. They not explained why,
but apparently the White House Bondie as in Pam, got
(12:56):
no confidence in Cash. So Cash is in this ship
six twenty.
Speaker 1 (12:59):
Five trending now with him as well Spring Frenzy Sale
on now from Netflix.
Speaker 2 (13:06):
Monster The ed Geenes Story, third season of the Monster series.
First who were dedicated to Dharma and the Mendia's brothers. Anyway,
ed Gains an infamous US murder, a grave robber known
as the Butcher of Playing Field.
Speaker 3 (13:21):
There's something real dark about you, Eddie.
Speaker 13 (13:23):
Can Eddie, You're a mess. Only a mother could love you.
Speaker 7 (13:38):
Well my life?
Speaker 3 (13:44):
Did you just feel the game a puzzle? None of
the pieces filled.
Speaker 14 (13:52):
Here?
Speaker 3 (13:52):
The one can't look away.
Speaker 2 (14:01):
So Charlie Huntman from Sons of Anarchy and the Gentleman
is Edgain and this is the seventh film about him.
First was in the sixties. There's also been a musical.
I would have thought that's a stretch. He's also been
attributed with being the inspiration for a number of famous killers,
including Norman Baits, leather Face and Buffalo Bill from Silence
(14:23):
of the Lamb. It's out on Netflix October third. Started
watching Speaking Netflix started watching Charlie Sheen last night. The
reviews are very, very good, and I only got through
twenty minutes or whatever, but it's fantastic. I find him.
I mean, he's obviously he's a complete mess, and he
says he's a complete mess, but you can't help but
like him and the number of people who was hanging
(14:45):
out with you had no idea. First movie had George
Clooney in it, Undiscovered George Clooney and undiscovered Charlie Sheen,
all sorts of fascinating. So that's well worth what comes
with the old Mike Hosking recommendation, News for you in
a couple of moments, then back to the and all
this good news around confidence for.
Speaker 1 (15:01):
You, the news and the news makers, the Mic Hosking
breakfast with Rainethrover leading by example, news togs Dead.
Speaker 2 (15:11):
B Frans has got a new Prime Minister, lick on news,
so he turns up and twitched down grades the whole
place of the sovereign debt cost goes through the roof.
So lot's going on in at part of the wild
caple fields. At shortly twenty three to seven, back to
those good news around the land. Latest word from Rabobank
is the farm of confidence. As you heard us booming.
Confidence in the agri economy is at the highest level
since twenty seventeen, second highest in the decade, up for
(15:32):
the fourth quarter in a row. Fifty one percent expect
conditions to keep on improving. Basically, A doctor Jacqueline Roweth
is the director of Dairy in New Zealand and is back.
Well it's Jaqueline, good morning to you.
Speaker 15 (15:42):
Good morning, and I'm speaking today as a professor at
Lincoln University and I'm happy to talk about dry stock
as well. So thank you for calling. Isn't it good news?
I'm very pleased.
Speaker 2 (15:53):
When you go down to the pub or the corner,
do people, you know, because you know what farmers are like,
they go, oh yeah, it's pretty good at the moment,
it's all right, you know, they undersell it. Are people
fizzing in rural New Zealand.
Speaker 15 (16:04):
They're feeling positive, but cautiously so because trade might change
at any time, as we know from what's happening around
the world. But fundamentally we are the best producers in
terms of essential amino acid to the nutrition that people
needs for least environmental impact, and the rest of the
world knows that, so our meat and our milk is wanted,
(16:27):
and that's why the prices are looking good. It's excellent
news because when you're looking good, you're being more creative,
you're able to make progress. You're feeling that for your
family and for the land, you're doing an ever better job.
Speaker 2 (16:42):
Very well said. A lot of people takes me and
go this whole idea that the money's going to flow
to the rest of the country isn't necessarily true. It's
all going on debt servicing. Do we know that that's
true or will it go both ways? A little bit
of debt, a little bit of.
Speaker 15 (16:53):
Spending, certainly a bit of debt, but certainly spending, because
spending hasn't happened on drystock for or seven and for
dairy for about three, and repairs and maintenance build up,
and of course you want to bring in the new
environmentally friendly technologies and we're already very good at that,
but putting those in cost money. So then you talk
(17:14):
to the consultants, then you get the machinery people in
and the infrastructure people in. Yes, it flows and really experienced.
Phil Jena, he's an ag economist. He reckons that an
increase of one million dollars in dairy exports coming into
the country means seven point two million increase in value
(17:34):
add within the economy and eight point seven full time equivalents.
It's employment as well.
Speaker 2 (17:39):
It's excellent news, fantastic. We had the story yesterday. What
is in the pictures and Hawks Bay? Is there any
Is there anybody who's not on this rising tie? If
you grow something in this country, are you, broadly speaking,
doing well?
Speaker 15 (17:53):
It's horticulture is not doing as well. No, and it's
difficult to compete with other countries. And that's the peaches thing.
We have very strict regulations and we like the regulations,
but we also need the new chemicals that are allowed
in some other countries and are still going through the
process here, the regulatory process, which is a bit stagnant.
(18:14):
They're doing their best, but it's not fast enough. The
rules need changing and when you can get things in cheaper,
and that's what the peach people were saying last night.
They can't compete for lettuces and broccoli and those sorts
of things. We don't bring them in from overseas, and
you can see that the cost of production are higher
than the income that they grow as are making.
Speaker 2 (18:37):
That's not good the forward picture. When we talk about tariffs,
do you know or do we know yet how many
of us are trying to circumvene America In other words,
we send to other markets that are answers heavily tariffed.
Is that a thing yet or not?
Speaker 16 (18:50):
Oh?
Speaker 15 (18:51):
Yes, we're always investigating Tom maclay as a leader of
various delegations, if we're looking at the best positions for
our wonderful full product. But the thing is that some
of our premium markets, and that includes America, they're still
able to pay more than some of the developing countries.
So always the scanning is going on and the professionals
(19:13):
are looking at how to position our products.
Speaker 2 (19:15):
Best, and the quality is the key. Isn't it nice
to talk to you again, Jaqueline Jacqueline Rowath. The pictures
thing was interesting. They were saying the numbers was like
I can't remember, it was like ninety eight cents for
a ten of peaches. You bring it in, you know,
the end product. You bring it in from overseas, and
it's about a dollar sixty five dollars sixty eight if
it's grown locally here. And once again the call went out,
why don't you support local, support the local, grow the
(19:37):
local economy. And I think that's surely that it has.
I mean, I'd love to think that's true, but that
ship sailed, hasn't it If you can do something for
ninety eight cents versus a dollar sixty five, which way
you're going? Nineteen to two.
Speaker 1 (19:50):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.
Speaker 2 (19:55):
It be while we're on the economy. As we mentioned
with Andrew a moment ago, the Diry auction tomorrow, so
it'll be interesting because the last one was a bit
ugs and so we worry that tomorrow might need to
be a correction, so hopefully. Also, the GDP comes Thursday,
and it is Q two, so you're dealing with April,
May and June. So it's where we've been, not where
we are, but where we were might give you some
(20:17):
sort of indication of how bad it was. So the
RB says we're going to go back with zero point
three percent. The b n ZID says, no, it's zero
point five. Westpac and am z'd say zero point four,
and Qeybank and ASB say zero point three. Most of
them then look to the RB for the latter part
of the year. Couple of meetings still to come, and
they're looking for at least twenty five points per meeting.
(20:37):
But Kiwibank, once again being consistent, go what we need
and they're right, and they've been right all along. It's
fifty points to father's place up, so we'll watch them.
Speaker 17 (20:46):
Wait. It's six forty five International correspondence with ends and
eye Insurance, Peace of mind for New Zealand business.
Speaker 2 (20:53):
Time to go to Frances catain Field. Very good morning
to you. Good morning mate, mister lick on you. I
note he pulled back a couple of the Those holidays
are some sort of peace offering, didn't he? But has
he done anything substantive yet or not? No?
Speaker 16 (21:06):
No, we still don't have a new government here se either.
But he has been getting out about and talking to people,
he says, he's opened up a dialogue with other parties
within parliament. He says, now wait for this one, Mike.
He wants a modern frank parliamentary debate, not top down decrees.
So that's what we've had so far.
Speaker 10 (21:27):
He has not ruled out.
Speaker 16 (21:28):
A wealth tax, that famous wealth tax which is getting
everyone talking here, and that's that sort of super rich tax.
Anyone who's got assets an excess of one hundred million
euros would have to pay a certain amount of extra
tax on top of that. The figures on that one
(21:49):
is Mike, that there's only one eight hundred people in
France who would be affected by this tax. But the
man who come up with the idea says it could
generate somewhere up to twenty five billion euros a year
for the state. Now, if you think back that the
former prime minister answer by who was trying to save
forty four billion euros. So getting a lot of support
(22:12):
that went from should we say, the left wing of
the parliamentary grouping not so much from the center or
the conservative right.
Speaker 2 (22:19):
Yes, the Zookerman Tact, whether they actually domiciled in that
part of the world or whether they actually end up
paying it. Of course, the two completely different things. But
none of that helps with Fitch, so they downgrade. You've
gone from double a mins to A plus. So therefore
all your debt, which is driven this in the first place,
suddenly becomes more expensive.
Speaker 16 (22:36):
It does, indeed, But interestingly enough, it hasn't affected the
stock market. The stock market jumped to just under one
percent today, it's back up to a three week high,
which just goes to show that perhaps, you know, in
a way, France can fumble along. But it's a bit
of a sort of indicator that people saying that the
European economy is going to grow.
Speaker 10 (22:58):
It looks as if it might.
Speaker 16 (22:59):
But it's the big plus for what we're expecting, which
is the aerospace and Defense index to jump. A lot
of expenditure here now on European defense, whether it be
aired jets, anything else to do with the military. That's
where it seems to investors think that's where the money's.
Speaker 18 (23:17):
Going to be going.
Speaker 2 (23:17):
Yeah, the speaking of the military, these are these sanctions,
yet more sanctions. And I'm particularly interested in this tourist thing.
So yes, it's oil, and it's diplomats and all that
sort of stuff. Would they seriously look in some way,
shape or form at moving on tourists because that's income,
of course, isn't it for you guys year.
Speaker 16 (23:37):
Not so much income nowadays.
Speaker 8 (23:39):
I mean, you say this.
Speaker 16 (23:40):
Is the rumor that the EU wants various member nations
to make it more expensive and more odious for everyday
Russians to come to Europe. It's already gone down a lot.
I mean, just looking back, what twenty nineteen there was
some four million Russian tourists came to the EU on
his cir called Shingen visas. Twenty twenty four was half
(24:02):
a million, So the numbers are already well down. And
in fact the problem with this idea, Mike, is that
the EU might look powerful, but it actually cannot impose
this on member nations because it's member states who decide
who gets visas. And it's really just been the frontline states,
particularly the Baltics at Stonia and Lapu Lithuania, who've been
(24:22):
putting this straight out van But you know, again, Russians
aren't spending that much and not many are coming.
Speaker 2 (24:28):
Over no where are we it, by the way, with
Trump and one hundred percent, and is Europe going to
do any of that or is he just putting the
ball in your court so he doesn't look as bad
for a meeting that was never going to take place,
et cetera, et cetera.
Speaker 16 (24:40):
I think he pretty much stummed up there. Yes, Trump
wants NATO to put in tariffs against countries that are trading,
particularly oil from Russia. That would mean China and India.
Speaker 18 (24:53):
Yeah.
Speaker 16 (24:53):
I mean, here's the interesting thing about this, Mike, he
said that NATO needed to put tariffs on Well, NATO
was an economic power. It's not an economic grouping. It
cannot put sanctions on anybody. The other interesting thing about
that particular Mike is the big buyer of Russian oil
within Europe. It's also a member of NATO. Was hungry,
(25:15):
that was all, but it was a very close friend
and also Sovaka close friend of Russia and of Trump.
Another is, of course Turkey, which has got a pipeline
directly to Russia. And of course Turkey, Key member of NATO,
is still playing that stranding role friend of Europe, friend
of Russia, friend of China. It really does look as though,
(25:38):
well it's been welcomed here in Europe as another excuse
for Donald Trump to not put sanctions against Russia.
Speaker 2 (25:46):
He's just quickly speaking of Russia, the Belarus and these exercises.
That posturing or are we shaking in our boots? What's
going on?
Speaker 16 (25:53):
Lots of that's posturing because there's so few taking part
of it this year, only one thousand troops taking part.
If you remember the last time twenty twenty one and
there were some twenty thousand troops taking part, Yes, a
lot of those troops then move from those to Ukraine.
Speaker 18 (26:09):
It just comes at a very.
Speaker 2 (26:11):
Jittery time, Mike.
Speaker 16 (26:12):
Last week we got nineteen drones flying over Polish air space.
It's just, you know, if you could choose a bad
time to have war games, this is a bad time.
Speaker 2 (26:22):
Always good to have you on the program. Catherine go well,
Catherine Field out of France. By the way, the one
in one out starts this week between France and the UK.
Will leave that when we see it, and yet another country.
French children under fifteen should be banned from social media
and there should be an overnight digital curfew for fifteen
to eighteen year olds. This is out of a six
month inquiry. We must force TikTok to rethink its model,
(26:47):
so we'll see where that goes. If anywhere nine away
from seven.
Speaker 1 (26:51):
The Mike Hosking Breakfast with Bailey's Real Estate news Talks, there'd.
Speaker 2 (26:55):
Be bikos apalto see the news that the Gray was
going to pull out the peach orchid. I'd pay a
dollar eighty nine ten for New Zealand peaches. It's still cheap.
Really cheap doesn't mean better, No, it doesn't. But that's
how the world works. And you'll have any number of
people who every time I raise TEAMU or shean on
this programming and goes ah, I can buy nineteen l
a's for twelve cents. And that's the way the world works,
repeaches Mike. Hopefully a local company takes those peaches. Well
(27:17):
you're not, because he's cutting them down. We'll see them
in the supermarket. Is fresh fruit rather, I would pay
three bucks a can for New Zealand grant. Well, yeah,
I mean, so there's two of you. That's not a
business model, and that's and that Look, I'm on your side,
but reality is reality, Mike. And this is a very
good point. Hines. An American company bought Watties, of course,
and is now importing fruit and vegetables like taralas French
(27:39):
companies buying Fonterra brands will start importing jupidiary PROCs. No,
not for now, Robbie fairpoint, because that's in the contract.
But the contract will not last forever five away from seven.
Speaker 3 (27:50):
While the ins are the outs. It's the fizz.
Speaker 1 (27:53):
With business timer take your business productivity to the next level.
Speaker 2 (27:57):
Business New Zealand CEO Catherine Richard in a of moments.
But their sentiments survey, sixty eight percent tell us they
intend to spend more or the same. This is capital
compared with sixty one percent last year, so we're bullish
on spending, which is good. Last year, thirty three percent
said they'd be spending less. That numbers dropped to twenty
five percent. So we think green shoots green shoots. Sorry
(28:18):
Andrew Kelleher, but this green shop could be green shoots, Andrew.
Seventy nine percent said they're either normal or high or
very high demand for their company, services or product good.
Those who export the state, seventy three percent were either
confident or neutral that the tariffs would affect them. They'd
be able to continue exporting at the same rate. It's encouraging.
I think that's a quality thing. I tried to say
(28:38):
that right at the stay yourself Felton Road into New York. Right,
they'll pay anything for Felton Road to Penina. That doesn't
really matter what the tariffs do. Biggest issue for business
number one issue sixty one percent say the reversals of
government policies following an election. That's if labor gets back.
Are you quite right to be freaked out, especially if
they line up with the Marory party in the Greens.
Imagine what's going to happen? Then, followed by the international
politics affecting business fifty eight percent concerned about that was
(29:00):
a government debt affecting spending and growth. Fifty one percent
are concerned about that, so they should be. Now the
concern would be young workers coming through. Can you believe
that the school leaders the majority were either unskilled or
at the very base level when it came to skilled
And that's because we let too many kids out of
school without any qualifications. No halfway for life anyway, Catherine
Rich from Business New Zealand. In the next half hour,
(29:20):
then our next problem gas it seems to be getting
increasingly worse every time we raise the subject. Shane Jones
on that for you shortly.
Speaker 1 (29:29):
The only report you need to start your day the
my casting Breakfast with Bailey's Real Estate covering all your
real estate needs news togs heead be only.
Speaker 2 (29:38):
Seven past seven. Lot of focus on our economy this week.
We got the Q two GDP numbers out Thursday. Alongside those,
the latest services sector read down a number one point
four points. We're sitting at forty seven point five in August.
That is eighteen straight months of contraction. Katherine Riches, the
Business New Zealand CEE Owners with us Katherine, morning to you,
Good morning. We saw a little bit of life in
retail up zero point nine, driven by apparel and hospitality.
(30:02):
How would you describe it? Patchy, worried, problematic? What do
we got?
Speaker 18 (30:06):
It is patchy. I think what we're facing is a
tail of two economies. Really, we know the primary sector
is doing quite well, but of course major part of
the economy is a services sector and we're still seeing
that part of the economy really facing challenges. And that's
what our PSI result shows eighteen months of contraction. But
(30:27):
on the other side, we're seeing from the Business New
Zealand Sentiment Survey a bit of an uptick in the
way firms are considering investment, particularly for next year. So
that's positive.
Speaker 2 (30:37):
So we had those numbers just before seven o'clock. So
the intent is driven by what? Is it driven by
hope or is it driven by some tills actually run
and I've got some money to spend.
Speaker 18 (30:49):
I think it's a combination of hope. But for those
people who follow the news closely, they do see that
the government's trying to pull every single economic growth lever
it possibly can. Changes to immigration and tax and the RMA,
and I could list out the rest of them. People
know what they are, but I think also some understand
(31:09):
it's an incredibly long lead time and so while some
of those changes aren't immediately obvious for twenty twenty six,
a lot of those changes will come to fruition.
Speaker 2 (31:19):
Yeah, what do you how much weight do you place
on consumer confidence in the sense that how many people
do you think are in a funk because they've decided
to be in a funk as opposed to they could
probably have a different attitude if they wanted.
Speaker 18 (31:33):
I think there is an element of being a small
country where we can talk ourselves into a bit of
a funk. But that's why I think the business new Zealand.
Data about both our Performance of Manufacturing Index and our
Performance of Services Index are good leading indicators because they
(31:54):
show economists what businesses are thinking today and the future.
The issue with the primary sector is that yes, it's
doing well, but there's not a lot of indication that
it's flowing through to spending. And I think some consumers,
even with changes to the OCR and other more upbeat indicators,
(32:16):
they're still saying, Look, I'm not one hundred percent sure
I trust that, yet I'm still going to keep my
hand in my pockets.
Speaker 2 (32:23):
Yeah, all right, okay, I appreciate it. Catherine Catherine Rich,
who's the Business New Zealand CEO. We worried about what
Andrew Keller has said earlier on in the program that
you know, we've talked ourselves into the potential of something
happening this year economically and it hasn't and whether or
not it may not actually come to pass. But as
I say, the GDP numbers out on Thursday, ten minutes
past seven PASKI they are for Q two, not Q three,
which is where we are at the moment. Anyway, other
(32:44):
matters to worry about. More warnings from our power sector.
New paper suggests that without new gas then industrial, commercial
and domestic users, that all of us really could run
dry by twenty twenty nine. It also raises fears that
New Zealander of New Zealand' and d industrialization, Our Resources
Minister Shane Jones is with us morning, hey, morning vote.
How how worried is the government right here right now
(33:06):
on this.
Speaker 7 (33:08):
Well.
Speaker 19 (33:08):
Obviously the gas fields off the coast of Taranaki have
declined precipitously, and no one imagined that they're dropped so quickly.
And since twenty eighteen, no one's been encouraged or incentivized
or quite frankly allowed to go out and re establish
the oil and gas industry out to just send a
juvenile call, and it's had a devastating effect, especially in Taranaki,
(33:31):
and a lot of our firms they would like to
move on from gas, but the period of time it's
going to require and the cost means, as Catherine Rich said,
a lot of people there are very doubtful.
Speaker 2 (33:42):
Are we really going to run dry in four years time?
Speaker 19 (33:47):
In simple terms, what's going to happen in twenty nine
point thirty in the event that we either don't pult
gas or we don't find. A major find is that
the demand will still be there, but the supply will
be below the demand, and there will be a fraction
of gas available but for those big users, and quite frankly,
the energy companies use quite a lot of gas and
(34:08):
they can pay because they hand it on to you
and I That's what the crisis will be. There will
be too many businesses in New Zealand still dependent on gas,
and the supply of the gas will be below their
need for gas.
Speaker 2 (34:21):
And so the price will go up and only those
who can afford it will do it. So where are
the meetings at? Can you degas a company? Do they
want to degas? Are their alternatives as any of that real?
Speaker 19 (34:33):
Well? Some of them are endeavoring to shift I mean
full marks to the Genesis is probably the CEO that
I can understand most lucidly, the chap who Malcolm, the
chap who runs Genesis. He has said that they are
willing to what gas they have make it available for
industrial people, and they will continue to import coal. But
(34:56):
I'm waiting for them to start digging up the cold
ten meters or ten kilometers away from country rather than
bring coal in from Indonesia. We have the ability to
make more gas available if we burn more coal in
the short term. Both of those were demonized and tainted
by Jacinda and Megan Woods, who, by the way, is
still going to overturn our legislation and reinstate the ban.
(35:20):
That's how mad things are.
Speaker 2 (35:21):
Exactly. Is the opg idea real or not? I mean,
can we bring it in from Astraya at a cost
that we can afford or not?
Speaker 19 (35:27):
Well, when you and I grew up, our gas was
two to three four dollars at most. It then went
up to twelve to fifteen In the last eighteen months
twenty four months, we've been advised that we can bring
it in from, if not Australia, from America and other places.
But it's likely to be north of twenty dollars and
that's a big change for a country that's being used
to buying gas at two to four dollars.
Speaker 2 (35:49):
Exactly. All right, mate, nice to talk, appreciate it, Shane Jones,
Resources Minister. By the way, thirteen past seven, j told
you so. But demand for uranium is forecast arised by
Neely third by twenty thirty, more than double by twenty
forty is from the world in nuclear association momentum in
the industry which we have not seen for decades. So
(36:10):
most of the world has worked out nuclear as the antswer.
We've missed the bowt completely because we won't even have
the discussion. But nevertheless there are answers out there, we
just don't want to see them. Fourteen past the.
Speaker 1 (36:20):
High Asking Breakfast full show podcast on iHeartRadio Howard by
Newstalks b.
Speaker 2 (36:27):
Got some forestry issues and Gismond specifically, but more generally.
This has got to do with slash and the courts
are now involve so we'll have that for you shortly.
And Jonathan Ross Star are not Jonathan Rosstar Jonathan Creekstar,
Ellen Davies with us after eight o'clock seventeen past seven now.
As part of the Governments of Vents and Tourism package,
they also announced a review into the role of Eden
Park and whether the thing might be used a little
more productively than it currently is. Their current rules, if
(36:48):
you don't know, they are only six artists allowed to
play twelve shows a year, only only on certain days
and at certain times. As watched, Prime Minister announce us
yesterday along with Louise upston. I just thought I knew
this and yet to hear it are particulated out loud.
It's just embarrassing how bad we are as the country
at times. Chris Bishop is the RAMA Reform Ministries with us,
good morning, good morning. I mean, do you feel the
(37:08):
same way. You're only allowed six artists twelve shows a year,
and you can't do it on a Sunday or after
three o'clock. It's just pathetic.
Speaker 20 (37:15):
It's comical, isn't it. And the worst is the only
allowed four concerts in a four week period. So if
you want a good run of acts coming, you can't
because you only allowed four in a four week period.
In a month, you know, you can't have more than
two thousand people for a conference facility. You know, the
four games have to finish at nine point thirty unless
their cracket in which they can go to ten o'clock.
I mean it's just sort of comically yeah yeah.
Speaker 2 (37:37):
So why is the announcement yesterday about an investigation as
opposed to just getting on and doing it.
Speaker 20 (37:42):
Because the law requires me to do that, so we
gave ourselves the ability and central government to do this.
Speaker 3 (37:48):
Just a couple of weeks ago.
Speaker 2 (37:49):
This is a very new power.
Speaker 20 (37:50):
This was in the Rama Amendment Build that just went through,
and it requires me to start an investigation under the Act.
And I have to basically do an investigation into whether
or not local rules like these are holding back growth
or development. I have to write to the Council about it.
I have to do some work on it. I have
to consult with people, and then I have to make
an assessment. It only takes about four to six weeks.
(38:11):
And we're not talking about an olivated process here.
Speaker 2 (38:13):
But we can jump to the end. You've made your assessment,
we know what's going to happen and things will change.
Is that fair or not. No, I haven't made my assessment.
I haven't pre done anything.
Speaker 20 (38:23):
Well, I'm a statutory decision maker in relation to this,
so I've indicated my you know, I mean, I've publicly
said on many occasions I think the rules are pretty stupid.
But I've got to go through a statutory process. So
I've started that work. In fact, I signed the paperwork
a couple of days ago.
Speaker 2 (38:37):
That conference thing that you talk of, the medical I've
forgotten it was a story around a couple of weeks ago.
Maybe ACT was involved medical conferences and the fear of
advertising medicines, and we couldn't have conferences as you've discovered
these mad rules. I mean, who thinks of this in
the first place.
Speaker 20 (38:56):
Well, I think in relation to Eden Park, you know
you've got quite a strong residence association there. Yeah, you
know Helen Clark and others who you know, pretty worked
up about basically anything from what I can see happening
at Eden Park. But the reality is it's our national
stadium and it's it's where we want concerts and major
events to take place.
Speaker 3 (39:12):
It's just as simple as that.
Speaker 20 (39:13):
We've got a train station right next door, you know,
and it's existing infrastructure, so we want we do want
to see it developed.
Speaker 2 (39:19):
Sooner the better get on with it, appreciate it. Rama
reform Minister Christopher Bishop with us this morning, Trade me properly,
just quickly. Median rental is held again, which is encouraging.
Six twenty round the country third consecutive months has gone
nowhere gone down in Wellington five nine five down eight
and a half percent on the year. Auckland's going down,
Medium rent sixty sixty down two point two. Dunedin it's
(39:41):
going gangbusters up up five point four percent on the
year six hundred and eighty five dollars average in Dunedin,
more expensive than Auckland. More expensive than Dunedin. That's where
the landlords want to be six to twenty seven twenty.
Speaker 1 (39:58):
The Make Hosking Breakfast Fullshit podcast on iHeartRadio Power by newstalksp.
Speaker 2 (40:06):
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(41:14):
I see the plan. Labor sweating. I'll have a poalfy
in a minute. Labour is sweating the current Marray Party meltdown.
You see. So they've rolled out Willie as in Jackson,
who claims tucket of Ferris's handing his words not mine
political extremists ammunition to paint the Murray Party is too
weird to ever do business with Labor. Several problems with
the plan. Firstly, post the by election, Willie's got no credit.
(41:35):
Willie couldn't win a raffle far less of vote. Not
only couldn't he win the vote, he couldn't get anyone
out even to contemplate voting. What we saw a couple
of weeks ago in Auckland was the biggest by election
shambles many a long year. Next problem is the Murray
Party are too wacky to ever be in government Ferris
or no Ferris, and citing Ferris as some sort of issue,
you are forgetting Packer Yet and Mip Clark and all
the others who found themselves in front of the Privileges
(41:56):
Committee and sanctioned in a way we're not seen previously.
These are not people remotely interested in working with others.
And then that's the real issue for Labor. It's not
the Marray Party's problem. If the Marry Party weren't attached
to the center left block by polling, none of this
fairest nonsense would be of any interest to anyone. But
because mathematically they're needed in an invented deal for polling purposes,
(42:16):
they take on larger importance because without them, Labour stands
zero chants in the election next year. To make the
story interesting, what happens is the polsters in the media
have to align all three parties otherwise the narrative doesn't work.
Then the other issue for Willie, the so called political
extremists see talk of another name for them, by the way,
is middle New Zealand. Who saw what labor and labor
(42:37):
alone did with married in between twenty twenty and twenty
twenty three. The obsession, the name changes, the new rules,
the courses, the compulsion around all things Maria talk about.
Turn the punter off between the Greens with their Palestine
and wealth tax fascination, the Maori Party and their separatism.
No wonder, Labour are worried. They've got freaks for friends,
pasking and this is exactly what I mean. Just drop
(42:58):
the spawning the latest radio in New Zealand read research
political poll deadlock Parliament. Now, how's it deadlocked? Labour's up
one point one to thirty four, National's up one point
eight to thirty two and a half. Green's are down
a bit ten. New Zealand first down a bit eight
point seven, Act edged up to seven point two to
party may have gone down. They've gone down one point
four to four point one, which is a complete pile
(43:19):
of crap. They were never in excess of five anyway.
This is how it's worded on these numbers. The right
block now you can put the right block together. Why
because they're real, they exist, they're in a coalition. It's
happened it's happening. But you can't put the left block
together because they've never been together. So you're putting it
together for narrative purposes. You're inventing something that doesn't exist,
(43:41):
because if you can't have the left block, you've got nothing.
So under your left block narrative, you've got a tired parliament.
Another one of these poles that says it's sixty sixty
in terms of seats, So it's tired. But you don't
have a left block because it simply doesn't exist. And
I'm trying to tell you this now, it won't exist.
And because it won't exist, the elections over before it started.
Remember we heard it first, Mike. I'm sure there will
(44:04):
be more than two of us who'd continue to buy
New Zealand. Teachers consumers need to hear about what's going
on earlier. Well, you do know what's going Look at
the tin when you're on the supermarket. Look at the tin.
Work out where the peachers came from. And if it
says South Africa or India, Malaysia or Bangladesh, you know
they're not local.
Speaker 7 (44:19):
Yeah.
Speaker 5 (44:19):
First, first, you've got to like features though, don't you.
Speaker 2 (44:21):
Well, that's the other thing, isn't it with all that syrupy,
saucy gooky stuff news for you in a couple of months.
Speaker 3 (44:29):
New Zealand's voice of reason is.
Speaker 1 (44:31):
Mike the Mic asking Breakfast with a Vida, retirement, communities,
life your Way news togs head been.
Speaker 2 (44:38):
Mike, I don't really expect for a moment that you'll
read this out well wrong, You're wrong there, But as
a former teacher, I'd like to offer this aspect which
has not been covered in any new reports that I've
seen today. While teachers may not have the greatest pay,
and maybe they deserve more, the one thing that they
are not acknowledging is that once you have qualified as
a teacher, you have long term job security, while not
many jobs these days have. Chris very good point. The
(45:01):
thing that's always fascinating me about these sort of jobs
and all the people that go on strike is you
know what the terms and conditions are when you go
and no one. No one's pretending that you're going to
get rich being a teacher or in this or indeed
a doctor in general circumstances. But it's increasingly obvious you
are comfortable. In some cases, you are more than comfortable,
and you are more than comfortable compared to most people
in this country, which says something sadly about the wage
(45:23):
level in this but nevertheless, you know what you get
going in, Mike. Did you watch New Zealand's Best Homes
with Phil on Sunday? Boy, do we have some fabulous
architectural designs and wonderful homes one in Russell, oemg Andy.
I didn't. I didn't spun through it because I didn't
have time. But you're right and if you ever want
to be uplifted and the show, if you haven't seen it,
(45:44):
it's on TV one. It's the guy Phil from Phil
Spencer from you know, Love and or Listed or Location Location,
whatever it's called. Anyway, it's made for British television because
it's got that whole and here we are in New
Zealand and Sunny Cora. Man, it's got that about it.
But the houses they look at reminds you one of
some extraordinary architects in this country and some brilliant builders.
(46:07):
To the scenery itself you just go to. They are
in Powernui there and Coramandel there in Russell. You put
those pictures out to the world and tell me that
we are not one of the most beautiful places on earth,
and therefore that alone as a tourist magnet cannot help
it succeed twenty two minutes away from it. Now back
to the forestry debate. So we got the directors of
(46:28):
the company called Samnik Forestry Management Urban Tide of the
courts to clean up debrief on their operations. It's the
old slash thing. They claim the cost would bankrupt them,
so they're repealing this now. Elizabeth hag is the New
Zealand forest Owners' Association boss and is with us. Elizabeth,
morning to you, Good morning, Michael. Is this a wider issuer?
Is this a specific case? I mean, slash is not new,
(46:49):
is it?
Speaker 21 (46:51):
No, it's not new, and it's a gibbon issue specifically
around the rest of the country. We've got plenty of
places where it's a lot easier to control flash. But
it's a function in givesmon of the topography and of
the increasing storm damage that we've seen in the region.
That it's a particular issue and something we're working through
(47:12):
with the council there.
Speaker 2 (47:13):
Okay, So part of the argument is of course that
the forests say it's the person who owns the land's job.
That's why we're in court. Are these things not understood
before you enter into the contract?
Speaker 21 (47:26):
I think pulling out wider than this specific case, because
there's a lot of different arrangements you can have in
terms of forestry ownership. What we're really focused on is
how do we get engineering and land controls in place
so we can minimize any anything going outside of the
forest would ending up in waterways is a bad outcome
(47:47):
for everybody involved. Obviously that'll be folks investment that's going
in there, and it's not sustainable from an environmental perspective.
So we're really focused on how do we prevent this
from happening. If it does happen and we need to
work with counsel to remediate it, then we just need
to make sure that we've got workable conditions and that
Council and the judiciary understand what's actually feasible in terms
(48:10):
of how we can then go about cleaning it up.
Speaker 2 (48:12):
And people don't understand that going in I mean, is
this an operational thing from the forest management company's point
of view? In other words, the way you conduct business
may or may not lead to problems, or is it
not as simple as that.
Speaker 21 (48:25):
Yeah, no, it can be as simple as that, and
that's something we're working through as well, is are there
practice changes that we need to make And that's something
we work on as an association. Is you know, with
these increasing intensity of storm events, what does good look
like for forestry practice? So it can be a combination
of how people are managing it, but also if you've
(48:46):
had a really intense storm, it's about making sure that
you know the expectations that folks have for cleanup are realistic,
because you know, if every pine cone that's rolled down
the hill is expected to be picked up, even from
a health and safety perspective, we're not going to be
able to action to that level.
Speaker 2 (49:05):
Will the courts sort this out? Do you think to
everyone's satisfaction? Or are you going to have to do
something different about this?
Speaker 21 (49:12):
Well, in the broad sense, I would like to think
that the Court's council and the forestry companies can all
work together so that we get a good outcome for
the community. I think Gisbon is it's a particularly tricky
place to do forestry, and we're committed to supporting the
local foresters there to try and get the best outcomes.
Speaker 2 (49:32):
Good stuff Elizabeth, appreciate your time, doctor Elizabeth Hayg who's
the New Zealand Forest Owners Association boss. Eighteen minutes away
from it, Hosk like, stop praising the architects. They get
their crayons and draw pretty pictures. It's the engineer who
has to do the design and calculations.
Speaker 7 (49:46):
Check.
Speaker 5 (49:47):
Oh, we're going to get into this again, don't we.
Speaker 2 (49:49):
Unbelievable shortage of accommodation. I've got some advice here. There's
a problem building for COP thirty. Every year I do
this and every year I laugh. We're up to thirty.
We're up to thirty cop bear cake. Let's hope say
Cop thirty is in November. There's a shortage of accommodation.
(50:09):
The Brazilian president are Silver. He chose this city at
the mouth of the Amazon River so that we could
all stand a belliem at the mouth of the Amazon
River and go, oh, there's the world that we're desperate
to save. Anyway, the problem with it is there's no accommodation.
There's a lot of those what they call short term motels,
(50:30):
if you know what I mean, under normal circumstances, hired
out by the hour. Anyway, this price gouging going left,
right and center. And so the call from diplomats and
various groups and countries is, can we do something about
the accommodation. I'm here to help. Don't go save your time,
save you money, save your energy, because as sure as
night follows day, I can assure you, right here, right now,
(50:53):
the world through COP twenty is going to be no
better or worse off because of your attendants at the
mouth of the Amazon Ris.
Speaker 22 (51:00):
Couldn't they just wander off into the jungle like Joe
Biden did that time seventeen to eight.
Speaker 1 (51:06):
The Vike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at be.
Speaker 2 (51:12):
Actually speaking of climate change doctor Eric Crampton of the
New Zealand Initiative the other day, look it up, talk
of meeting Paris target of one point five c is
hot air. Look that up. It was a newsroom. Under
the Paris Agreement, countries must provide targets. Blah blah blah.
Climate change conferences usually call on everyone to be more ambitious,
(51:34):
and everyone at these sorts of conferences agrees, and everyone applauds,
and everyone goes home. But what is the point he asks,
of setting a far more ambitious target for a country
that was not really on track to meet it in
the first place. Not a bad point. He was on
a panel. The panel's moderator asked him what success looks like.
He said, success is building and maintaining political support in
(51:55):
New Zealand and internationally. Have we done that with Paris? No,
we have not, and that's look that up. That's well
worth reading. Is insightful as always. But the interesting thing
yesterday if you ever want to see people getting carried
away with themselves, there was a massive report. It was
one thousand pages. That's useful, isn't it? Thousand pages into
climate change and the climate catastrophe that's facing Australia that
was released yesterday. But the Climate Change Minister Chris Bow
in a thousand pages, how many people aren't to none
(52:19):
will read that? I mean, honestly, climate change is ongoing
in pac cascading, it's cascading, it's compounding, it's concurrent. It's
called the National Climate Risk Assessment Report. The whole country
has a lot at stake, et cetera, particularly impacting Queensland,
New South Wales ACT and Tasmania Urban Tasmania. Ah, you
got to live in Tasmania and climate change are going
(52:39):
to get you. Cost of action is smaller than the
cost of inaction. There's a line I haven't heard before.
That's what you do with important issues. Doesn't it come
up with a cliche? Cost of inaction is smaller than
the cost of inaction. Loss that they looked at loss
of property values six hundred and ten billion by twenty fifty.
Do you reckon they think that's accurate? Or do you
think they made that up? Six hundred and eleven, not
six hundred and nine, not six hundred and twenty three,
(53:01):
not five hundred and twelve, six hundred and eleven to
the last cent billion dollars in the loss of property
value by twenty fifty going to be high heat, Certain
occupations such as construction and agriculture going to be more difficult.
What does that mean? You're going to get a sun burn,
it's going to be too hot, You're going to have
to long a lunch break or nothing. Seven hundred thousand.
Listen to the gaps and the numbers they come up with.
(53:21):
Somewhere between seven hundred thousand and two point seven million
workdays would be lost by twenty sixty one due to
heat waves. So it's somewhere between seven hundred thousand and two.
But in other words, it could be anything. Labour productivity
could fall by between zero point two and zero point
eight quite a bit gap. That in dollar terms is
(53:41):
somewhere between one hundred and thirty five and four hundred
and twenty three billion. Once again, they've made these numbers up.
By twenty fifty, the number of coastal communities located and
high and very high risk areas will increase substantially, and
of current population remains the same that will represent it
increase one point five million people impacted in coastal areas
by corrosion, corrosion and other impacts a thousand pages. I
(54:03):
just summed that up relative and where's that going? Eh?
And what are they going to do about it? The
answer is, broadly speaking, nothing.
Speaker 1 (54:10):
Tend to wait the mic asking breakfast with Veda, Retirement
Communities News togs head.
Speaker 2 (54:16):
Bes sipping away from eight. I got some good news
on the international investment front where a workshop you'll know
the name, they've signed a memorandum of understanding in m
O you with Saudi Arabian Creative Broken. The deal aims
to boost creative and cultural exchange. It includes training and
skill development and shared knowledge. And David Wilts's the Way
to Workshop co CEO, Chief Operating Officer, and he is
(54:36):
with us from Saudi Arabia. Morning, Good morning to you, Mike.
How long? How long has this been in the pipeline.
Speaker 14 (54:42):
We've probably been working our way through these relationships for
the last year, year and a half. It's it's obviously
been a journey of building, getting to know, getting to
know each other, but it's an exciting, exciting developments for us.
Speaker 2 (54:57):
And what are the prospects? Where does this go? Do
you think?
Speaker 14 (55:00):
Yeah, great question, Look, I think the really it's the
history of where we've come from and where we're heading.
We've been a company we sort of best known for
the work we've done in design and physical effects in
the movie industry, but over the years we've diversified increasingly,
and about ten years ago when we did Scale of
our War the Gallipoli Exhibition to Papa that it was
(55:21):
a bit of a crossroads for us in terms of
moving into immersive experiences, and that's now taken us into
museums and attractions and things around the world. We've been
involved in these sort of projects in China and Europe
and the Middle East. We've got a couple of live
projects working through in the United Emirates and Dubai and
Abadubbi and Saudi Arabia is sort of the next step really,
(55:44):
So the opportunities up here are significant. This country's changing
at a very great rate and looking for the kind
of talents that we have, So it's yeah, it's a
great opportunity.
Speaker 2 (55:54):
Is it the country or the region as well? When
I saw the region the Middle East generally.
Speaker 14 (55:58):
Yeah, I think it's the region. I mean said it
was a sort of ua that brought us up here.
We worked, we're very fortunate to work on one of
the Dubai government's pavilions for the World Expo twenty twenty
twenty twenty one. It was supposed to be twenty twenty
and it was a twenty twenty one expo, But that
was a great sort of opportunity for us, I guess,
(56:19):
to sort of find our way into the Middle East
and start to see what the potential is up here.
Speaker 2 (56:23):
What role does the country play, you know, Todd McLay
Trade New Zealand selling us to the world.
Speaker 14 (56:28):
I think that's for us. It's really you know, it's
really helpful, especially where relationships are such a massive part
of how business is done here and so seeing that
we're being supported and part of a business delegation of
a whole bunch of major New Zealand companies, it just
sort of helps to shine your star. Not everybody up
(56:49):
here knows exactly who we are. Once we start to
explain our background of the history and the projects and
the things we've worked on, it will kind of makes sense.
But it just sort of helps, I think with the
overall brands for New Zealand, and you know, we obviously
benefit from.
Speaker 2 (57:04):
That fantastic David Wilkes, who's the whid to Work Shop
co CEO out of Saudi Arabia for us this morning
for minute's away from Mate step on that climate change thing,
I was on a moment ago. They had a poll
out the other day in Australia. Funnily enough, the Climate
Change Authority did a poll on whether they should support
the goal or who supports the goal of reducing the
nation's carbon emissions by it between sixty five and seventy
five percent. By twenty thirty five, forty four percent said yes,
(57:25):
So I mean less than half the country. I mean,
most people don't know because they'm too busy getting on
with life and they don't really care, rightly or wrongly.
You know, I'm dealing with reality here, not you know
what we should and shouldn't do too completely different things
as to what we actually do. Supercar Show. By the way,
holidays coming up, school holidays coming up, and the supercar
Show is on again. The reason they've done it this
(57:45):
particular weekend, this coming weekend is because of course the
school holidays, you can maybe jump on a plane and
grab a seat and all that sort of stuff, and
you can come in from outside of the Auckland area.
This is guildtrap. Who do it. They've done it for
a couple of years in a row, last couple of years,
and it is the problem and the reason I'm telling
you now, so move quickly. Supercar Show dot co dot INZ.
If you and the kids love cars, they got over
(58:06):
one hundred million dollars worth of them. They've got a
couple of Valkyries as to Martin Valkyrie's and these are
cars that you will literally never see in the real world.
You will never stand next to these cars. They are
very rare, extremely exclusive, there's a sixty four Lamborghini four
hundred GT, the only Ferrari SF ninety double X in
the country. They've got Brendan's Toro Rosso Formula one car
(58:29):
twenty eighteen Formula one car. Very few people have seen
a current, you know, right you stand right there. It's
not like it's in behind glass or you know, one
hundred meters away. You're standing right there looking at the car.
You can smell and feel. It's incredible anyway. So if
you're into cars, like most of us are these days,
Supercar Show, all the money, by the way, goes to charity,
so you can't argue with that. The Starship Charity, Supercar Show,
(58:51):
Dot Cove, Dot in z Qi, Alan Davis, pusnixt, My Cards.
Speaker 1 (58:59):
Game in Safety, Ken Gamesing and Vitally on Mike Hosking
Breakfast with Range Rover Leading by Example, News togs Head
Been well.
Speaker 2 (59:09):
Iver do Ellen Davies last on the program thirteen years ago.
For goodness, take so a lot of water under that bridge.
Jonathan Creek Hugh I made in the household name. Of course,
the stand up started back in the eighties, so it's
coming up forty years now. He's touring Australia later on
this year, and we'll talk about that in his autobiography
is just out called White Males. Stand Up. Ellen Davies back, Well,
this good morning, Good morning to you. My little bit
(59:29):
of housekeeping. First of all, I've studied extensively your Australian
tour which is coming up. You realize we are in
New Zealand, of course, and this will make sense eventually.
So your Australian tour is very extensive, and I'm thinking
to myself, where are the New Zealand dates, and Allen,
there are no New Zealand dates.
Speaker 10 (59:47):
The twenty twenty six it's going to be July and
August twenty twenty six on New Zealand tour.
Speaker 2 (59:52):
Oh fantastic. So you're doing Australia for Christmas and then
you're coming back again exactly that.
Speaker 7 (59:58):
I'm coming over again.
Speaker 10 (59:59):
That done it. I couldn't do it all in one hit,
and I didn't want to do half Australia and half
of New Zealand. So it's a dedicated Kiwi time for
me in July and August.
Speaker 2 (01:00:12):
Fantastic. The stand up you're doing, it's well by the
time you get to Australia, and eventually us. It's well
worked it's a good show that feels good. It's been
well received. Yeah.
Speaker 10 (01:00:24):
I worked it out over the last year or two really,
but particularly recently at the Edinburgh Fringe Festival, and I.
Speaker 7 (01:00:32):
Had a couple of weeks there.
Speaker 10 (01:00:33):
I hadn't done a show there for ten years, and
I'm going on tour in the UK started next week,
some dates in Australia and then next year New Zealand and.
Speaker 7 (01:00:44):
More UK dates. So yeah, it worked out well.
Speaker 10 (01:00:47):
It's up and running and much of it has been
functioning in comedy clubs for a while. But I tried
to make a more complete show out of it, and
I appeared to have gone away with it.
Speaker 7 (01:00:59):
I've gone away with it.
Speaker 2 (01:01:00):
Are you nervous? Do you get nervous, because I'll come
to the other part of this, which is for a
stand up comedian, you take large gaps between shows, don't you.
You've got so much else going on.
Speaker 7 (01:01:11):
Yeah, I do get nervous.
Speaker 10 (01:01:12):
And this show's more personal show, and so I'm dealing
with subjects that I hadn't really faced in the past,
and some things from my childhood that were difficult and
what have you. So I've tried. I wasn't sure how
that would work, but I found that provided you provide
enough laughs about erectile dysfunction, you can talk about almost
(01:01:33):
anything you want. And that has been my approach, and
so far, so good.
Speaker 2 (01:01:38):
Has it got easier for you the more successful you've become.
Speaker 10 (01:01:42):
Not really, it doesn't seem to affect that, except I
think it helps with ticket sales if you have a
television profile, definitely. But the people who come now, they've
got a lot of choice. There's a lot of comedians touring,
and there are comedians with much higher TV profiles than
me these days. But my audience are loyal and they're
aging with me. And recently I had a show where
(01:02:03):
someone's phone alarm went off in the handbag and row
to and this gray haired woman was rummaging around and
everyone went quiet, and I said, is that to remind
you to take your medication? And she said yes, and
there was the biggest laugh of the night. And then
we had to wait for her to find her pills.
That took longer than finding the phone, but the audience
agreed with me, she's got to take them. You've got
(01:02:25):
to take them otherwise you'll forget and then tomorrow you
can't have a double dose, so you know, humor changes.
Speaker 7 (01:02:31):
That's what I find.
Speaker 2 (01:02:32):
I was reading your book and what I like, what
I what I sort of didn't realize, having followed you
for years. What I didn't realize is just how much
work you've done. You know, suddenly I'm reading a chapter
You're lying on a bit of nails in New York,
and I thought, what the hell is this about? All
the amount of work you've done is extraordinary.
Speaker 10 (01:02:51):
Well it's been over a long time. I mean the
book it's called White Male Stand Up, which is what
I started out as, just the stand up comic, and
I did that for my very happy years in the
late eighties early nineties, and from there opportunities started to
come because I always wanted to act, so I got
the chance to audition for Jonathan Creek.
Speaker 7 (01:03:10):
I got the chance to do panel games, and.
Speaker 10 (01:03:13):
Then various The bed of Nails thing was a documentary
about HOUDINEI that came out of the blue. I did
another documentary about John Lennon. I got to go to
New York. So sometimes things come along and you can't
believe your luck, you know, but it's spread out, it's
spread out over a number of years. What I found
in my in my career is normally there's five things
going on at once or nothing.
Speaker 2 (01:03:33):
Listen, hold on, Mike will come back and talk some
more in a moment, Ellen Davies. The book is White
Male Stand Up. It is eleven past eight.
Speaker 1 (01:03:39):
The Mike Asking Breakfast Full Show podcast on Iheard Radio
powered by News Talks.
Speaker 2 (01:03:45):
It be right quarter past Ellen Davies with us who's
coming heroes? He's announced their July and August of next year.
The book is White Males Stand Up.
Speaker 13 (01:03:52):
Now.
Speaker 2 (01:03:53):
Now the reference you reference difficult times in your life now,
if you haven't read your book, it's more than that,
isn't it? The abuse of your father? I mean it's
a very serious business. And and the obvious question is
how do you put that into a show and make
people up? I mean, how do you do that?
Speaker 10 (01:04:09):
Well, it's not easy. I mean I was abused by
my father as a child, and I talk about that
in my stand up showing. And I had to say
to the audience. And you might find that this subject
matter uncomfortable, and you may feel like you're less an
audience and more in a hostage situation. Now, But we
are in this area and we're going to talk about
it because I know a lot of you have had
(01:04:30):
the same experience. And that's my feeling is if generally
my oh, my comedy career, I thought, well, if it's
happened to me or I'm thinking of it, it's happened
to a lot of.
Speaker 7 (01:04:39):
The audience as well. Well.
Speaker 10 (01:04:40):
That's certainly the case with bereathement and childhood trauma and
difficult things. So if I talk about some of the
other know about this, I think, if I'm a cake
then and I'm putting the cake on stage, it's a
bit more decorated on stage, but I don't want to
leave out loads of the ingredients.
Speaker 7 (01:04:57):
I want it to be who I am, and and
that's been a.
Speaker 10 (01:05:01):
Long journey to get to that, because that certainly wasn't
what I was doing in my twenties. I was without
and out people pleaser and I was pretty good at
I was funny, but it was very superficial.
Speaker 2 (01:05:11):
Does your cultural standing in Britain make you or did
it make you feel more comfortable to go there and
talk so publicly about it.
Speaker 16 (01:05:21):
No?
Speaker 2 (01:05:21):
Not really, it was so in you you think you
would have done it. No, matter how successful you had
or had not been.
Speaker 7 (01:05:29):
I think it took me a long time.
Speaker 10 (01:05:31):
And I think it's quite common for men and boys
to be assaulted or abused or to have some issue
up there surprisingly so, and it's very common for men
to hang on to these stories for on average twenty
five years. It's not uncommon for men in their forties
and fifties to tell a loved one or a friend
or a therapist or someone does something happened to me
(01:05:53):
when I was a child, And I've never told anyone,
And I think that that was how I how I felt,
and I really wanted to get it out of my
head and onto the page. And that's when I wrote
my book, Just Ignore Him. And the new book is
a follow on. Really, it's kind of part two to
that book.
Speaker 7 (01:06:11):
It takes me.
Speaker 10 (01:06:12):
Because I imagined for years that the past is behind
you and the futures in front right. You're you're going
somewhere else in life, and you're leaving things behind. And
it takes a while to realize that isn't that, that
isn't the case. You're just you're it goes with you
and you've got to face things eventually, and it's good
to talk.
Speaker 7 (01:06:32):
So that's it took me a while, and it took
me a while. I didn't even know.
Speaker 10 (01:06:36):
Actually I did a writing course, a creative writing course,
and I thought I was going to I started to
write about it there, and I thought it would stay
on the course. I thought i'd get it out of
me and i'd get to a master's degree, which I
was very proud of, and that would be it. And
then I thought, actually, I'm onto something. I started to
write some chapters and it became a.
Speaker 2 (01:06:57):
Book later because on the writer's course, you were submitting
your work anonymously, right.
Speaker 7 (01:07:02):
Initially, Yeah, exactly that.
Speaker 10 (01:07:05):
And even then, even I was fifty years old and
I was worried about revealing my story about my father.
So and I've certainly never talked about it in stand up,
but I found a way to incorporate it in the show.
Speaker 7 (01:07:20):
I found a way to take the.
Speaker 10 (01:07:21):
Audience there for a little bit, bring them back, keep
the laughs going, but give a fuller picture of a
person's life.
Speaker 2 (01:07:28):
You know, I can't quite just help us out the drinking,
and I don't want to turn this into a therapy session,
but the drinking, the difficulties with your marriage was that
about fame or what had happened previously, or a combination
of everything.
Speaker 10 (01:07:44):
I think a combination of everything. But I certainly think
that I used drinking to cope with stress and anxiety
at times. And again it's a very common experience that
people can relate to. And I think if you have
a press in need to have a drink, it's probably
the time to not have one, you know. So nowadays
(01:08:07):
I'm able to manage things much better and periods of
abstinence and managing how much and when, But it's still
always there, and it's an addictive substance.
Speaker 18 (01:08:18):
You know.
Speaker 10 (01:08:18):
So, But I think when I look back, I think,
or when did that kick in? It kicked him when
I was becoming very recognizable. There was a period in
the late nineties where I was very recognizable to a
lot of people, and that really wasn't ready for that
at all.
Speaker 7 (01:08:33):
Now there's no kind of training course for that part.
Speaker 2 (01:08:35):
It's a funny thing, isn't it, Because you one of
the funniest stories is that you were amazed when you
were starting in the eighties how many white blokes were
out there in Britain looking to grab a microphone as
all the comedy clubs opened up, and what's that about?
What is that an ego?
Speaker 15 (01:08:52):
Thing?
Speaker 6 (01:08:53):
Is that?
Speaker 15 (01:08:53):
You know?
Speaker 2 (01:08:53):
How come there are so many poems who just want
to stand on a stage and try and be funny.
Speaker 7 (01:08:58):
I don't know. I don't know.
Speaker 10 (01:09:01):
And I My wife's very funny about this because when
she frequently she didn't know I was a comedian.
Speaker 7 (01:09:07):
When we met, she was come to a QI recording.
And then when I went back to stand up.
Speaker 10 (01:09:15):
We've been together six years and I went back to
stand up, and she came to see a show, which
fortunately she found very funny. And then she said, she's
actually quite disappointed that I hadn't revealed this side of
myself before. Might have been nice around the house to
have some of this sense of humor that you seem
to be keeping under a bushel. But she sometimes you
go to a comedy club and a couple of blokes
are going up and they're not funny, and she'll.
Speaker 7 (01:09:36):
Sit next to me go, why why they why do
they get up? Who's told them they're funny? Who's given
them the wrong idea? So that can happen. I also
think I.
Speaker 10 (01:09:47):
Think it's more common nowadays on YouTube channels just hundreds
and hundreds of these blokes yelling into their computers and
their content is of no interest.
Speaker 7 (01:09:58):
Please stop posting.
Speaker 2 (01:09:59):
It all worked out okay for you? Are you at
peace now in terms of just the you know, the fame,
the whole, the whole thing. It's out there. You've talked,
you're funny, you're successful. It's all cream on the cake time.
Speaker 7 (01:10:12):
And I think it's just that you're never quite right somehow.
You've had such difficult childhood stuff. It's just it's just
there all the time.
Speaker 10 (01:10:22):
So but I mean, I would say, as a generally,
I would say yes, because I'm very I'm very happy
in the family that I've found for myself with Katie
and the kids.
Speaker 7 (01:10:33):
I don't know how happy they are. But that's a
different interview for you. That we enjoy it, we enjoy it.
Speaker 2 (01:10:41):
Well, that's good. How do the kids say, I mean,
how much of the kids know in public profile or
you know? What do you tell them?
Speaker 10 (01:10:49):
I think they've got I've got fifteen and fourteen, and
they've certainly, as they say, searched me up. And but
I haven't showing them my books. Yeah, my daughter's sixteen
in December. She's pretty smart. And she she's got an
idea and she and I think Katie spoke to her
(01:11:10):
a bit. But then they're not ready yet to read
this stuff. But it's partly for them that I've written
these books. You know, there's a it's a story of
who I am and where I've come from and what
I've done and when I'm sort of craggy and need
to be shoved around in a chair. God willing, I'll
get to that point.
Speaker 7 (01:11:31):
I would have forgotten it all and they'll be able
to say it. Send your book. Send your book, you
silly old fool.
Speaker 2 (01:11:36):
Listen, you have a great it's a great book. And
congratulations on I have a great tour of Australia. And
I'm glad, apart from anything, we got the news that
you're coming to New Zealand. So we'll look forward to
talking to you. They see you in person next year. Fantastic,
All right, go well, Ellen David's White Male Stand Up
and coming to July August next year.
Speaker 3 (01:11:54):
Twenty three The Mike Hosking Breakfast with Rainthrow and News
Tog's Dead.
Speaker 2 (01:11:59):
B Have any deeds on the tickets for Ellen's show?
Speaker 13 (01:12:02):
No.
Speaker 2 (01:12:02):
I think he announced it as in like We've got
a bit of a scoop on that one because there
is no announcement yet and he is in Australia, and
so they'll wait until next year February March before we
get any details. But when we do, we'll let you know. Obviously,
announcement from the government this morning, I don't know how
much it means in terms of reality, but they're beefing
up the Commerce Act. They're going to be stopping unfair
(01:12:23):
tactics like creeping acquisitions and predatory pricing. Their argument. They
had an independent review. It found the Comments Commissions outgrowing
its current structure. They'll gain stronger tools, the ability to
pause or call in risky mergers before they're completed, Clearer
merger rules to give businesses, certainly, while keeping markets fair,
Stronger better structured Commerce Commission meaning faster, more transparent decisions. Certainly,
(01:12:46):
the pace could improve. There's no question about that. Streamlined
approval for beneficial collaboration, making it easier for businesses to
work together when it helps the public, Allowing businesses to
voluntarily undertake to limit market power as part of a
merger application, all that sort of stuff. I don't know
how much of that's theory versus reality. I mean, you know,
Nicholas stands on things like supermarkets and banks, and she's
(01:13:06):
certainly done a lot of jaw boning of it, but
not a lot's actually happened. So whether this materially changes
the landscape, I don't know. I tell you what Starmer
Mendelssohn reform. It's all going Britain this morning. There's a
lot going on in that part of the world. Rod
Little is with us directly after the News, which is next.
This is Tuesday Morning on the Mike hosting Breakfast to
use talk.
Speaker 3 (01:13:26):
Seed, news, opinion, and everything in between.
Speaker 1 (01:13:31):
The Mic hosting Breakfast with Bailey's Real Estate covering all
your real estate needs.
Speaker 2 (01:13:36):
Use togs dead b placed ratire. By the way, Portugal
is number one of the world. The Global Citizen Solutions
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(01:14:19):
the highest quality of life. Now you don't think about
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So if you if you value quality of life, Mauritius
as you placed in retire twenty three minutes away from nine.
Speaker 17 (01:14:33):
International correspondence with ends in eye insurance, peace of mind
for New Zealand business.
Speaker 2 (01:14:38):
That much going on. Going to get to the UK
rod morning to you, Good morning to you, Mike, how
i'd lead? Does Mandelssohn need to get before Starmer's in serious,
serious trouble.
Speaker 6 (01:14:47):
I think he's in serious, serious trouble now, to tell
you the truth, we already know that the bad stuff
was known by Sir Kirstala well he was appointed, and
everyone on the labor benches knows this, and the country
knows this. So it was clearly an act of incredible
stupidity on the part of Skeir Starmatur to appoint him
(01:15:11):
in the first place. And don't forget, as I said
last week where we were talking about Mangelson, the civil
service is very anxious to point out that this was
a prime ministerial appointment and nothing to do with them.
So it's very, very bad. And you know, I've been
talking to labor MPs but also to a quite a
few people who observe the labor MPs, and they say
(01:15:33):
they've never known a government in this much trouble.
Speaker 2 (01:15:37):
The interesting thing I'm reading out over the weekend is
that there are people within his own party now who
quote unquote he doesn't seem to be up to the job.
Are they many of them within the party? And does
that make it even worse? And Andy Burnham I also
read over the week in the Manchester Mayor he seems
to be warming up some sort of act as some
(01:15:58):
kind of challenge. So what can you tell us about that?
Speaker 6 (01:16:00):
Well, he definitely is doing that, there's no question about it.
He's been far more prevalent on the national news than
he had been previously. He's a formidable figure. The first
test of Andy Burnham's credibility will come in the Deputy
Prime Minister Deputy Leader of the Labor Party race. If
Lucy Powell wins, then that's a big vote for Burnham. Yes,
(01:16:26):
I think you know, if you ask the Labor Party generally,
I think probably a majority of them would say that
Skirstana Go wasn't up to it. But the troublers who do,
they're replace him.
Speaker 14 (01:16:35):
Wit.
Speaker 6 (01:16:36):
It is very difficult. What about Andy Burnham. Andy Burnham
needs to win a seat in order to get into
the House of Commons, and any seat in the North
of England he runs for Reform would win. So it's
not as clear cup for Andy as he may think.
Speaker 2 (01:16:50):
You mentioned the deputy leaders John Bridget v Lucy could
you call it at this point? And we literally have
no idea.
Speaker 6 (01:16:58):
We don't have any idea. And I think you mentioned
it last week and I went for Bridget Phillipson. I
think that has changed. I think such as a disaffection
with Sekir Starmer, that Lucy Powell may win.
Speaker 2 (01:17:13):
It interesting all right? Now, then I've read also this
Tommy Robinson March, which we saw there was anywhere from
one hundred thousand to three million people. Did you count them?
Speaker 6 (01:17:23):
No, I didn't. But it was remarkable that on the
day of the march, some people were saying there's only
ten thousand. Others were saying there's a million, So let's
go with the police figure one hundred and fifty sous
Quite a lot of people, you know, that is quite
a substantial march. There were a few arrests. What's it done.
(01:17:45):
It's kind of it's a double edged sword for those
people who are arguing against more immigration and to clamp
down on assylum see because because it does clamp them
firm beyond the right, you know. And that's always been
the problem and Tommy Robinson, even Nigel Farage won't have
(01:18:06):
anything to do with him, and it was Robinson who
organized march. It's also caused transatlantic problems in that Elon
Musk addressed the march and said you've got to rise up,
You've got to rise up, which is at the very
least very rude.
Speaker 2 (01:18:27):
The interesting thing about it is, I can't remember who
the government rolled out over the weekend for the weekend broadcast,
but even he was saying that it taps into what
is clearly a very very widespread discontent in the country.
Speaker 6 (01:18:41):
Yes, I think that's right. The person they usually wheel
out is Peter Kyle. That's the guy. Yes, he is
the Minister for Newsnight as he used to be called.
No one is happy that. The thinking of the moment
now is that Starmer will be gone by May, and
(01:19:02):
so that leaves a question open as to who comes in.
You can see the labor MPs thinking, well, look, things
cannot get any worse, and maybe we'll get a dead
cat bounce from a new leader and will be all right.
But it remains to be seen who that new leader
might be. They are in all sorts of trouble and
(01:19:22):
there is no clear route out of it for them.
Speaker 2 (01:19:26):
Speaking of reform, Denny Krueger, so correct me if I'm wrong.
I think he's the sitting tory to bail so that
the numbers, Yeah, the numbers are there, but I mean
he's said, I mean how much. When does the stop
or does it not stop?
Speaker 6 (01:19:39):
It doesn't stop, it doesn't stop. My suspicion is and
more than a suspicion, I think I know that reform
have a good twenty or thirty defectees. They're ready to
announce before important events. You know, there'll be bigger names
(01:20:01):
even than Danny Krueger, And Danny Krueger is a pretty
big name, I have to say. He is a substantial
figure with a good ideological background which takes him towards
blue labor. Really, he's always been considered a communitarian and
he's jumped ship and that is terrible, terrible news for
(01:20:21):
Kenny bet Enough, all right, we'll.
Speaker 2 (01:20:22):
Catch up on Thursday. Rod appreciate it very much, or
a little out of Britain, by the way, they are
one in, one out thing with France's due to start
this week, although they are saying that there will be
some sort of last minute legal challenge from lawyers trying
to block that actually happening. But that was announced, if
you can believe it, in July, and still to this day,
not a September, not a single person has been swap
(01:20:42):
with France. The other thing that's happening is Trump tomorrow
arrives in the UK for the visit, the first of
a couple of days. He arrives Tuesday at their time
and leaves on Thursday. And they announced yesterday a big
landmark deal on strengthening Britain's energy security, a golden age
of nuclear forefront of global innovation. The Atlantic Partnership for
(01:21:05):
Advanced Nuclear Energy going to make it quicker for companies
to build new nuclear power stations. Our references briefly earlier
on the program. Honestly, we're missing the boat so badly.
It's embarrassing for a country that doesn't have any energy.
I es sure to burning a bit of coal. You
think we would have got a lot further down the
track than we have. Proposal by the US nuclear group
x Energy and UK Energy Centrica to build twelve advanced
(01:21:30):
modular nuclear reactors in Hartlepool, potential to power one and
a half million homes, create two and a half thousand jobs.
The broader program could be worth up to forty billion
pounds twelve billion focused on the northeast of England. Then
there was last energy in dp world micromodular reactor at
London Gateway Port. That's eighty million and private investment their
whole tech EDF and Tritax. They're planning to repurpose the
(01:21:51):
former coal fired plants at Cottam, Northamptonshire, into a nuclear
powered data center hub. That's eleven billion pounds worth a
bus and so they're getting on with it. Eight forty five.
Speaker 1 (01:22:04):
The Like Asking Breakfast Full Show podcast on iHeartRadio powered
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Speaker 2 (01:22:09):
At be Before I forget, there was a very good piece.
I can't remember if it was yesterday or the day
before in the Sydney Morning Herald, Nick Bryant Our Old
make Nick Bryant has written about Faraja Farrage style quake rock.
Could it rock Australia. I won't tell you what he concludes,
but they won. He goes through the reform story and
(01:22:30):
they won six hundred and seventy seven local council seats,
forty one percent of those up for grabs. So it
was an extraordinary story. And whether or not Britain is
not that far removed from Australia and whether something like
that could come along, I just don't see the discontent,
the level of discontent in Australia that you have in Britain.
Britain is a deeply troubled place and I know that
from experience of people. I know He's spent chunk of
(01:22:52):
a chunk of the year on that particular part of
the world and maybe just they are pretty much gobsmacked
what has happened to Britain in the last couple of years.
Mike watching America's team on Netflix warming up for the
NFL season.
Speaker 16 (01:23:02):
This was it.
Speaker 2 (01:23:03):
This time. I was telling you the Eagles could could
lose to the Kansas City Chiefs, and they didn't. Of course,
so the Kansas City Chiefs and this sort of I
became fascinated because we went into that, you know, big
ball of banngst over the weekend in the All Blacks,
the Kansas City Chiefs Super Bowl champions. They lost again,
so there's zero for two. So I'm sure in local
Kansas ZB talk there will be people, Oh, let's sack
(01:23:25):
my homes. That Andy Loser, the coach, what does he know?
Travis Kelsey soon as he met that girl, you can't
catch the ball anymore. Let's sack them all.
Speaker 5 (01:23:36):
We're going to start doing stupid defensive box kicks.
Speaker 2 (01:23:38):
Exactly when are they talking about? Yeah, the box kicks
are killing us in Kansas, so you know. Anyway, So
where was I American team on Netflix? You have to
handle them. They do sport stories, but yeah, they do
sunderland until I die is still the greatest. I'm not
sure i'd agree with you, Sunderland ntil I die. I
became momentarily engrossed, and until I wasn't I thought it
was interesting until I sort of lost interest. But Built
(01:24:01):
in Boomingham might still recommend that's the Tom Brady. It's
not really about Brady, but he owns the team. Builton
Boomingham that it doesn't last too long. It's about four
or five episodes long. It deals with last season. It's
a good story, it's uplifting. It tells you how to
run a team properly. It shows you winners, you know,
leading winners, and it's well worth watching. As far as
I could tell. It is nine minutes away from mine.
Speaker 3 (01:24:22):
The Mic Hosking Breakfast with Bailey's real Estate News.
Speaker 2 (01:24:25):
Dogs Dead be just for those of you who are
texting me saying the Chiefs are not the reigning champions.
They didn't say they were super Chiefs are Super Bowl champions.
They won a Super Bowl a number of times. If
you're the reigning champion, you're the car. I didn't say
you were the reigning champion. They're just super Bowl champions.
Trump is announcing. Can I be just moderately controversial just
before I leave you for the day. So this whole
(01:24:47):
he's announcing the National Guard rolling into Memphis. So I
don't know what's happened to Chicago. It was supposed to
be Chicago, then he got fixated on Memphis started in DC.
So the thing about DC and the National Guard is
that no one argues, even the moderates who didn't like
what he was doing. Even the moderates knew full well
(01:25:07):
that like most large American cities, there is a crime problem,
and therefore it stands to reason that if you stick
the National Guard on most corners, that crime problem is
going to be at least in part solved. And I
would have thought it stands to reason that you'll feel
a little bit safer on the streets. And I'd cite
downtown Auckland. If you stuck the military on the corner
of downtown Auckland and had them standing there looking for crime,
(01:25:30):
you would feel better about going downtown Auckland on a
Friday night, wouldn't you. I don't go downtown Auckland on
a Friday night for really obvious reasons, and most people
feel the same. If you stuck the military there, you
would feel differently. So for all of the people who
might want to argue that what he's doing is a
bit insane, which it is, it nevertheless has an element
of effectiveness about it.
Speaker 22 (01:25:51):
Also, the way that they police in DC is a
bit different to how they do it and the rest
of the country. Anyway, there is a certain amount already
of fed were all input into that law keeping in
that particular city, which is different everywhere else.
Speaker 2 (01:26:06):
Indeed, so Memphis is next, and there is no question
that Memphis, Tennessee has shocking crime rate, and so you
would think if something could be done about a shocking
crime rate, good on them. Five minutes away from.
Speaker 1 (01:26:19):
Nine trending now with the chemist warehouse are praised by
the would sail on now.
Speaker 2 (01:26:25):
Speaking of which a couple of weeks ago he as
in need, had people do it for him. He didn't
do it literally himself. But Trump blew up that boat
heading from Venezuela towards the United States, and he was
saying they were part of the gang, and Venezuela said no,
there were no gang members there.
Speaker 3 (01:26:40):
So it was a.
Speaker 2 (01:26:41):
Speeding boat with drugs on board. None of them were
gang members. They were Christian missionaries, and they were going
to spread the good word in America. Apparently. Anyway, that
was put to Trump when he made this claim.
Speaker 10 (01:26:51):
What's illegal of the drugs that are on the boat
and the drugs that are being sent into our country
and the fact that three hundred million people died last
year from drugs.
Speaker 6 (01:26:59):
That's what's allego.
Speaker 2 (01:27:00):
Yeah, No, there's a problem with the number there, the
three hundred million people, because of course the population of
America is about three twenty three thirty million, So not
everyone in America's died of drug overdose in the last year.
I think we can all agree with that. Seventy nine
thousand people in fact died last year of drug overdoses
in America. Seventy nine thousand, which is far too many,
but it's certainly not three hundred million. No full year stats,
by the way, for the world on drug overdoses for
(01:27:22):
last year, But in the last ten years the most
death from drug overdoses was twenty nineteen, six hundred thousand
people died around the world six hundred thousand people twenty nineteen.
Two hundred and ninety two million people worldwide apparently took
drugs last year. Interesting number two hudred ninety two million.
It's not that many, is it when you think about it.
In a population of eight billion, ten percent of eight
(01:27:42):
billions eight hundred million, half of that is four hundred million,
So you're down to what three four percent of the
population global population. Don't you just took drugs? So ninety
five ninety six percent of people don't take drugs anyway.
Fifteen minutes ago, he's ordered a second strike off on
a positively identified extraordinarily violent drug trafficking cartel and Naco
(01:28:06):
terrorists that's also been off the coast of Benis.
Speaker 5 (01:28:10):
If you really start riding out on the side of
their boats.
Speaker 2 (01:28:13):
They should do to killed three people this time around.
But as I said at the time, the first time round,
you know you can go, oh it's illegal, is it?
Where's your lawyer and where's the court that's going to
stop them doing it? And there isn't one obviously. Back
tomorrow morning from six as always, tell.
Speaker 1 (01:28:27):
Me tis only twice for more from the Mic Asking Breakfast.
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