Full Show Podcast: 17 April 2026

Episode Transcript
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Speaker 1 (00:00):
You're Trusted Home for news, sport, entertainment, opinion and Mike
the Mic asking, Breakfast with a Veda, Retirement, Communities, Life,
your Way, News, togs hed been w.

Speaker 2 (00:12):
Are you welcome today? The new WAFF rules, new benefit stats,
Boris Johnson's former chief economic advisor, and a while he's
in for a word about the IMF's warning to hiss
all this week, Tim and Cady, you do the week, Richard,
Arlol Murray olds they spice it.

Speaker 3 (00:23):
Up as well.

Speaker 2 (00:24):
Pasky, Welcome to Friday, seven past six. Not a lot
of cabbage has been given to the failed appeal by
Tony Gibson. Now he was the head of the Port
of Auckland. A worker died. You might remember he was
charged under Health and safety and found guilty. Now it
was the Health and Safety Act of twenty fifteen. He
was the first person of a large corporation to be
charged and found guilty under it. Now, this in no
way takes away from the tragedy and seriousness of the accident.

(00:47):
But the question for all of us is can you
reasonably hold a single person responsible in a company where
so many people If you were looking to cast a
wide net, potentially could also be and if you can,
what sort of chilling effect does that have around the
running of a large company in which you can potentially
be held to account for Lord knows what the court
found he had overall responsibility, which in theory is not unfair.

(01:09):
It's the buck stops at the top argument. But what
about the board and what is the point in having
management and manageriary responsibility if it all eventually gets cheter
back to one person. Anyway, in a business where safety
is a key aspect of operation, you presumably have people
and groups or committees that operate procedures and rules. What level,
if any, of responsibility do they hold or share? Can

(01:30):
one person really be held to account for the singular
accident on a single day, in a single incident, in
a company of hundreds or potentially thousands of people? And
if you answer, as the court seems to have, yes,
then how does the CEO change the way they approach
the running of that particular business? Are they risk averse?
Do they take longer to make decisions? Does progress get slowed?
As we guess, second, guess, and then guess one more time,

(01:52):
Just in case, do you overspend to invest in areas?
Just in case how much sleep do you lose doing
all of this? If the rules around being on a
boar are increasingly arduous, and they are, is making life
as a CEO hard or productive? Or is finding a
single person culpable for any event in the workplace and
easy out of a complex problem allowing everyone else to
wash their hands.

Speaker 1 (02:14):
News of the world in ninety seconds.

Speaker 2 (02:17):
Well that's full, you know me. We've got another ceasefire.
It has been my honor to solve nine wars across
the world, and this will be my tenth. So let's
get it done. Add the second round talks lightly next week,
of course, between the US and Iran, and you've got momentum.

Speaker 4 (02:33):
Nataniel, who would not have accepted any site seas far
without pressure by Donald Trump, because Benjamin Nathaniel, who does
not listen to anyone except Donald Trump.

Speaker 2 (02:44):
Just in case the Iranians don't play ball. By the
way they rolled out pete for a word.

Speaker 1 (02:48):
To Iran, choose wisely.

Speaker 5 (02:52):
I pray you choose a deal which is within your grasp.

Speaker 6 (02:56):
In the meantime, the war department is locked and loading.

Speaker 2 (03:00):
Other Trump issue this week was, of course, the big
guy from Rhyme, who still is a neighbor.

Speaker 7 (03:04):
The masters of war pretended not to know that it
takes only a moment to destroy, yet often a lifetime
is often not enough to rebuild. The world is being
ravaged by a handful of tyrants.

Speaker 2 (03:20):
The more adjacent matters jet fuel. The European summer could
be an issh. Soon we will hear the nists.

Speaker 8 (03:26):
Some of the flats from City A to City B
might be canceled as it is out of lack of
jet fueld.

Speaker 2 (03:37):
And out of Britain, which could be in New Zealand.
Of course, the baronets who ran the COVID inquiry has
got a few home truths about ongoing vaccination.

Speaker 9 (03:43):
It's clear that a lack of trust and confidence in
authority was also a significant contributing factor in the UK.

Speaker 10 (03:51):
Governments and health services must.

Speaker 9 (03:53):
Work with communities to rebuild trust and confidence in vaccines.

Speaker 2 (03:58):
Finally, before the pul ruminors little bit something from the
Titanic for you. It's a life jacket worn by survival Laura.
This is the only survival related item ever offered for auction,
which is a fun fact. I didn't know she signed
it along with the others who made it out on
lifeboat number one. I'm assuming they didn't do it while
they're on the lifeboat. Look, just in case we make it.
Just have you got a pin? Has anyone got a pin?

(04:19):
It's all wet and here, isn't it anyway? They reckon?
If you have eight hundred thousand dollars, could be yours
for eight hundred thousand dollars. I'd rather have an Aston
Martin Vanquish, for that's just me. She was the world
in ninety China, China is back. Do some numbers on
that for you. In just a couple of moments with
Andrew and speaking of growth from nowhere, UK overnight half
a percent for February. They're expecting nothing, So go the poms.

(04:43):
Eleven past six.

Speaker 1 (04:46):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, power
by News Talks EB.

Speaker 2 (04:55):
If you want a number, we gave you Rice Dad's
number yesterday from the oil industry. And the profits be made.
The other side of the profits being made thing is
they're going to have to patch up a bit of
stuff because eighty energy facilities have been attacked during Epic Fury.
The damage right Start is telling us somewhere between thirty
four and fifty eight billion dollars fourteen past six. I'm

(05:17):
sure in partners. Andrew Kelliher, Welcome to Pride yep MORNI, Mike,
housing market, what have we got? Flat? Static?

Speaker 11 (05:24):
Static?

Speaker 12 (05:24):
I think we'll use the word static, not stagnant, just
because static sounds a lot better, doesn't it. So yeah,
we've discussed, we've dissected a few other bits of the
local economy through the lens of the Middle East conflict,
So it would be missed, wouldn't it not to do
the same to apply that lens to the local property market.
We are ably assisted in this endeavor, Mike by the
release yesterday of the latest iteration of the Real Estate

(05:48):
of Institute of New Zealand monthly property data. So the
house price index, which I like the ariones at heihest
pres indics that strips out all the anomalies of different
you know, data composition.

Speaker 11 (05:58):
You're seeing some of the other ones.

Speaker 12 (05:59):
Any Ay, The annual change a national basis plus.

Speaker 11 (06:03):
Zero point two percent, so that hasn't moved.

Speaker 12 (06:06):
There is, however, as ever, quite pronounced sort of regional
diversions at want of divergence, and at one level that's
you're either in Auckland or you're outside of Auckland, and
on another level, it's sort of North Island South Island split.

Speaker 11 (06:19):
So the Auckland index.

Speaker 12 (06:21):
Down one point two percent, but ex Auckland up one
point one percent, which is pretty binary really, and then
you've got the North.

Speaker 11 (06:29):
Island South Island split as well.

Speaker 12 (06:30):
But if I do look at the North Island there
are some standouts. For instance, tild On it up two
point nine percent. But the weird thing is you sort
of wander down the coast there, down to Napier, it's
down three point three percent. But if you head to
the mainland, if you head to South Island.

Speaker 2 (06:46):
It's unreal. South Island is such a good story, isn't it.

Speaker 12 (06:49):
Pockets of heat and places that you know, traditionally you
might not have thought would be, you know, the economic
powerhouses of the country.

Speaker 11 (06:57):
So what have we got. We've got inver Cargol eight
point eight percent.

Speaker 12 (07:00):
Southland's going off apparently Dairy well this is it, dairy
Christian City plus four and a half percent, Queensland Lakes
plus four percent. Now if I look at the month
on month figure, so sort of bringing the sort of
bringing the lens in.

Speaker 11 (07:14):
A little bit seasonally adjusted.

Speaker 12 (07:16):
As a small rise of plus zero point three percent.
That's but if I look at if you look at
short term momentum though, Mike, and just say look at
a three month level, you've actually seen Auckland and Wellington
are both up over the last three months. It's a
very small positive, but they are positive and that is
a change from what we had seen. Unfortunately, sales volumes

(07:38):
took a dive in March. Seasonally adjust those you get
sort of maybe a three four percent fall.

Speaker 3 (07:43):
Mike.

Speaker 12 (07:43):
I think you know twenty twenty six, the residential property
market started, and I think it started in highest spirits
than it Yeah, the agents were sort of cheering the
number of shoes outside the open homes. The thing is,
now you've got the sales momentum, that sales volumes falling
a little bit. Inventories and here's the real issue for me.
Inventories are still a pretty high levels there, the highest levels.

Speaker 11 (08:05):
Were seen in over a decade.

Speaker 12 (08:07):
And now you're going to have the pretty much inevitable
hit to consumer and business confidence, which we've already seen.
The start of that will weigh I think on housing
market activity through April and May, so it'd be a
brave call. I think to assume much. But by the
time you got to May, you're almost halfway through the year,
aren't you.

Speaker 2 (08:25):
You are so and you're in winter, and you're in winter.

Speaker 12 (08:27):
So I think assuming much of the way of house
post growth this year is probably a little bit optimistic.

Speaker 2 (08:32):
Well, I was going to do a lunch on seven percent,
but I think I might just hold haven't.

Speaker 12 (08:38):
We haven't actually executed the outcome of that bet yet,
But I.

Speaker 2 (08:41):
Love the hope I live, and hope I regret now
I'm raising that again. I looked at those Australian job numbers,
all things considered, that's not bad A no.

Speaker 11 (08:52):
Yeah, it's stable. So March figures. So this is OZSI
employment data.

Speaker 12 (08:56):
The survey went out the first two weeks in March,
so the most Middle East confidence have just started. What
you see lots of volatility though in the midst of
full time parts on jobs movement, employment rose by just
under eighteen thousand jobs. That was against the market expectation
of twenty so pretty much on expectations.

Speaker 11 (09:12):
February saw a slump in full time jobs.

Speaker 12 (09:14):
Fell thirty thirty k, but March reverse that forty two.
Ok So if you neck them out, there's an increase
you sort of similar, similar sort of theme in part
time MASSI frizing February, but a fall in March. But
you're netted out and it's a plus. Unemployment rate steady
at four point three percent is still a.

Speaker 11 (09:31):
Bit lower here than here.

Speaker 12 (09:32):
From an RBA perspective, Australian center back, I think a
bit of a middling outcome. It would suggest the employment
market hasn't got materially tighter. It wouldn't be unreasonable expect
some softening over the next couple of months.

Speaker 2 (09:43):
Right super quick. On China, I like the factory output.
That's good.

Speaker 11 (09:47):
Yep, here we go.

Speaker 12 (09:47):
House prices down three point four percent, thirty three consecutive.

Speaker 11 (09:50):
Months of contraction. Ouch, but they needed that reset.

Speaker 12 (09:54):
They've got it. Here's the big number. First quarter GDP
running at five percent. The market thought was going to
be four point eight. Previous quarter was four point five.
So that's good. Retail sales are still weak and factory
output running at five point seven percent form a little
bit big question, Mike is how does the Middle East
conflict impact on our largest trading partner?

Speaker 2 (10:11):
Correct other numbers please, so Dal Jones Dal Jones up
ninety eight points point two percent, forty eight thousand, five
hundred and fifty eight, the S and P five hundred.

Speaker 12 (10:20):
Taking a little bit of a breather from a stonking
couple of weeks, it's only up eight points seven oh
three one, but those are sort of all time highs.
We're out at the moment. And the NaSTA a couple
eleven points twenty four twenty seven, so just a little
bit of a breather. The forty two one hundred, ten thousand,
five hundred and eighty nine, that's up point two nine percent,
the nick A up two point three eight percent, fifty
nine thousand, five hundred and eighteen. The Shangha comp's it

(10:43):
up point seven percent for zero five five. The AUSSI
has lost quarter percent yesterday eight ninety five to five
mark there and the ends of the next fifty was
barely moved down ten points thirteen.

Speaker 11 (10:53):
Thousand and sixty six.

Speaker 12 (10:54):
Kimi Dolla has come back a little bit point five
eight eighty four against the US, still very week against
the Ossie point eight two two one, the e Euro
point four nine ninety seven point four to three five
OZO against the Pound ninety three point seven oh, Japanese
yen gold four thousand, seven hundred and eighty five dollars.
This one's a little bit worrying, Mike the Brent crude.

(11:16):
It's not buying the story that we found this thing
might be coming in ninety nine dollars and seventy three
cents overnight, So a little bit of concern there.

Speaker 2 (11:23):
Have a drink over the weekend. See how you feel Monday.
Nice to see Andrew Keller, who's sure and partners with
us past hearing if you follow the luxury market, they've
got a turnaround plan they're announcing this morning. Gucci's their
star player. I know her Mes earlier the week reported
reasonable sales, but luxury generally has been whacked by the war.
So they've got some sort of turnaround plan. They need
to fire up Gucci. But PepsiCo came in. Globally speaking,

(11:45):
they had a reasonable they had a beat, as they
say in the world of business, and what it seems
to me to be they cut the price of Dorito's
and that worked well for them. So you know, people
love the chips when their checks. So that's the that's
their story this morning, six twenty one and a half
Talks it'd be.

Speaker 1 (12:03):
Where go the Mike Asking Breakfast Full Show podcast on
iHeartRadio Power By News Talks.

Speaker 3 (12:12):
It'd be.

Speaker 11 (12:14):
Right.

Speaker 2 (12:14):
So here's the detail on the Libanon ceasfire.

Speaker 13 (12:17):
We're going to be meeting with bb Net, Yahoo, as
you know, and the President of Lebanon, and I had
a great talk with both of them today. They're going
to be having a ceasefire and that'll include Hezbollah and
I think I think it could be number ten for me.

Speaker 2 (12:35):
Okay, So he's bullish, and I'll tell you what he's
going to write to be and I'll come back to
that later on. Meantime, you've still got the pope business.

Speaker 14 (12:41):
I have to do what's right.

Speaker 13 (12:43):
The Pope has to understands that very simple. I have
nothing against the Pope, his brother uk Maga all the
way I like his brother Lewis. I'm not fighting with him.
The Pope can say what he wants, and I want
him to say what he wants, but I can disagree.

Speaker 15 (12:58):
Trending now Chemist Wells book in your Flu Vaccination Today.

Speaker 2 (13:04):
Movie Ton Fouk is a beck. Can you believe it's
twenty six years since Make the Parents and more than
fifteen years since Little Faucu's, which was the last outing anyway,
De Niro and still a Beck together, this time visiting
the Sun's potential new fion site.

Speaker 13 (13:16):
Don't worry, I tested all the potential new family members
with this machine.

Speaker 1 (13:20):
Hey, the old machine ex find anything on the outside
needs to be in the hot seat.

Speaker 2 (13:25):
Would you like to ask me some questions?

Speaker 16 (13:27):
Gig okay, Olivia?

Speaker 17 (13:28):
Do you think I hold Henry emotionally hostage?

Speaker 18 (13:31):
I mean yeah, you call him wee wee wee weie.

Speaker 19 (13:34):
What is that like a joke about.

Speaker 1 (13:35):
His wee wee Oh haha, Nope, no jokes about Henry's
little keeness, I mean not little. You probably have more
up to date info on a I haven't seen it
for a while, so please stop docing, all right?

Speaker 2 (13:45):
May you sure she's the one?

Speaker 20 (13:47):
Dad?

Speaker 1 (13:49):
Why?

Speaker 21 (13:49):
I thought this would be an opportunity to get to
know me, to bond.

Speaker 6 (13:52):
How do you bond with an emotional puppeteer.

Speaker 13 (13:54):
I won't be your little Pinocchio Geppetto, evil Geppetto.

Speaker 2 (14:00):
I'm a real boy. They milk that one more. They
milked that one too many times, Fokker and Law. De
Niro is still Ariana Grande Owen Wilson Cinema's November twenty
five year my references. So you've got if you're not
up with this US met with Hummas, Israel's meeting with Lebanon,
you got round two with the US in Iran. If

(14:21):
part of the deal turns out to be that they
can squeeze money away from Iran in funding proxies, you've
potentially neutralized Hezbola, the Hooties and Hummas. And that would
be part of what Trump, I'm assuming would call the
Grand Deal. And how long before he starts talking about
the Nobel Peace Prize again? Anyway, We'll talk more about

(14:42):
that later on. The coup? Is there a coup on
this morning? You believe Thomas Coglin and the Herald? Is
it a coup? Is there just more ranks? Is this
the media stirring the pot yet again? Is Luxeon in trouble?
There's a lot of questions for an early Friday morning.
It's not goodness, mate. We'll talk about all of that,
but I need to get to the news first and

(15:02):
drink something.

Speaker 1 (15:05):
The newsmakers and the personalities, the big names talk to
Mike the Mic asking breakfast with ranger of a sport SV,
the ultimate performance, SUV News talkstead V.

Speaker 2 (15:16):
Like the Labor Party with at any policies, must be
happy with the leadership Talkouer immature as New Zealand, Am
I the only one who respects Luxon as honest and
not the most popular person in the class.

Speaker 3 (15:26):
Mike.

Speaker 2 (15:26):
The only coup should be to send all the political
commentators and the herald stuff and TV one to purgatory.
More shortly twenty three minutes away from seven. An amazing
and sad insight this morning, I'm afraid to tell you
into the state of this country. We have new dafter
on the assaults against health work at seven thousand, five
hundred and eighty four of them last year. If your
glass half full, that's actually down a bit from seventy
six hundred, So seventy six hundred to seventy five hundred. Ed,

(15:48):
of course, is you're hot sew in one thousand and
ninety five, which is up seventy four percent. Paul Goults
the chief executive of the New Zealand Nurses Association. He's
with us.

Speaker 11 (15:56):
Paul, morning to you, morning Mike, howy.

Speaker 2 (15:59):
I'm well, thank you. I've I've got adjacent experience with
us relatively recently, and the behavior just generally in hospital
is these days. I mean, you should send everybody to
a hospital to have a look at what's going on
because it's disgusting.

Speaker 20 (16:13):
Would you agree, it's really grim and the problem just
continues to get worse and worse, and it's not just
in the emergency departments as well as every other areas
of hospital face that.

Speaker 2 (16:26):
Yeah, you're right, because in our experience, just walking down
a corridor is I don't think it's at times it's
not too outrageous to say it's like a wall zone.
The behavior, the language, the violent language that goes on
seemingly every hour of every day, I can't believe. And
I don't know why no one's doing something about it.

Speaker 20 (16:49):
Yeah, and this is the daily life of nurse and
other health workers, of course, And what they tell me
is that actually they become normalized to it, Yeah, and
they just accept it and they know that's not right,
but nothing seems to get done.

Speaker 2 (17:05):
Problem, as far as I can work out, is they
have security guards there and they don't do a lot,
which is not necessarily to criticize them, because I'm assuming
they're not allowed to do a lot and so it
just becomes a thing.

Speaker 20 (17:18):
Yeah, and it's systemic, Mike. And a lot of it
comes back to understaff and chronic understaffing.

Speaker 16 (17:24):
People waiting too long an.

Speaker 20 (17:26):
Ed to get treated, they get upset, their friends or
family get upset, and it just escalates from there. Even
if they treated, often they're put into corridors and stretches
and corridors really unbecoming. And you can sort of understand
why that violence occurs.

Speaker 2 (17:43):
See the ED scenario. The ED part of that I
get to. I don't accept it, but I get so.
You know, half of them are drugged up and all
of that sort of stuff. So that's where it gets
a bit tense. But the stuff I'm talking about is
in wards where people are just sitting in beds and
families are visiting, and nut jobs are wandering aroun threatening violence, leaft,
right and center. So if I'm running a hospital, why

(18:05):
aren't I fixing that?

Speaker 20 (18:08):
Well, I suspect it comes down to money. They just
don't have the capacity to do that. And I think
one of the other areas which is not mentioned in
these reports is mental health. That's where some shocking assaults
take place there in these chronic understaffing in those areas,
so that means the patients are often you had to
be put in secure units in order to avoid the violence,

(18:31):
and it just escalates from that point on.

Speaker 2 (18:33):
There's no reason to believe these numbers. I mean, seven thousand,
six hundred down to seven thousand and five hundred I
suppose is positive, but there's no reason to believe this
won't be always seven thousand plus.

Speaker 20 (18:44):
No, no, no, and serious underreporting goes on. Nurses just
don't have the time to report this stuff any longer.
So you know, I can say one assault is one
assault too many. But essentially these are really grim statistics
and there are some practice has been put in place
to help, but ultimately we've got a situation where we

(19:06):
cannot get help to people in time. They get upset,
they get angry, and nurses face that. In fact, nurses
face violent to a rate hire them pretty much any
other occupation in New Land.

Speaker 2 (19:18):
Is this a Western world thing or is there something
about us?

Speaker 20 (19:23):
I suspect it's common across the world. You know, our
contacts overseas say the same thing. We may have peculiar
aspects of it in New Zealand, but there is a
trend to increase violence, and when patients are under stress
and families are under stress, that's when it's going to
come out.

Speaker 2 (19:42):
Yeah, okay, mate, appreciate it. I don't know what we
achieve out of that apart from de press ourselves on
a front of it. It's bloody, it's unbelievable, believe me. Anyway.
Paul Golter, who's the nurse's organization Health New Zealand, who
we rang and we thought they might be interested in
talking to us, aren't so good work, guys.

Speaker 1 (19:58):
Eighteen two The Mike Hosking Breakfast Full Show podcast on iHeartRadio,
Coward by newstalksp.

Speaker 13 (20:07):
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Speaker 2 (20:07):
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(20:30):
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I wait one hundred and seven to three seven six
six who asking nothing to do with money or staffing
markets because the security guards aren't allowed to do anything.
Same in supermarkets, same win, same everywhere. Sam, he's got

(21:13):
a very good story from the supermarket. I must mention
later on about security guards. Actually, Mike getting violent because
you have to wait for treatment will not be fixed
by more staff. These idiots behave like that because They've
always behaved like that and there are no consequences. I
think you spot on six forty.

Speaker 22 (21:27):
Five International Correspondence with Ends and Eye Insurance, Peace of
mind for New Zealand business.

Speaker 2 (21:33):
Good morning, you had morning make we had some met
to me. We've got to cease fire another one?

Speaker 23 (21:37):
All right, okay, thanks headline. Yeah, what I would say
is lots of questions following Trump's leaders chitch out with
reporters on the lawn at the White House where he
says that peace talks with Iryan could resume, maybe as
soon as this weekends, as Trump.

Speaker 13 (21:50):
Run wants to make a deal and we're dealing very
nicely with them. We've got to have no nuclear weapons.
If we do, that's a big factor. And they're willing
to do things today that they weren't willing to do
two months ago.

Speaker 23 (22:04):
You know, Trump bravado is not new. What is new
probably is this claim that he made.

Speaker 13 (22:09):
They've agreed to give us back the nuclear dust. It's
way underground because of the attack we made with the
B two barber itself. We have a lot of agreement
with Iran, and I think something's going to happen very fast.

Speaker 23 (22:21):
Well, agreed to give back the nuclear dust, the first
time we've heard that when he says dust, of course,
it's not just dust. It's the four hundred and forty
point nine kilograms of uranium riched up to sixty percent
purity that was left over after US and has ready
yes strikes last March when Trump said the Iranian nuclear
stocks were totally obliterated, when they were not. Has Run
really agreed to this? Were yet to hear from, you know,

(22:42):
the Iranians. No deal until and unless there's a deal. Also,
removal of this enrich uranium is a very very complex assignment,
one that would take many months, say experts. Meantime, Trump
has announced this ten day is wheready Lebanon ceasefire as well.

Speaker 13 (22:57):
We're going to be meeting with Bibing at Yahoo, you know,
and the president of Lebanon, and I had a great
talk with both of them today. They're going to be
having a ceasefire and that'll include Hezbollah.

Speaker 23 (23:11):
This has been announced just as Trump is sending another
ten thousand US troops off to the Middle East, so
again covering all bases. And that's still a fundamental question.
Is Iron intended interested in any deal which would allow
the handover of that irash uranium or it's downblending plus
handing over virtual control of the straight up moose once the.

Speaker 1 (23:30):
US Navy leaves the scene.

Speaker 23 (23:32):
Would they do this in return for bringing around into
the modern europe man onto what has been described as
a new golden bridge for Iran, including significant economic aid.
The White House thinks this blockade of the Strait has
changed the power balance in their favor. Foreign policy analyst
David Ignatius believes there is a chance for such a deal,
but warns it still will not be easy.

Speaker 24 (23:51):
Has not been regime change, and the person at the
top of the leadership, Muhammed Golliboff, is very pragmatic as
somebody who would like to to do deals with the West.
But he's facing, I'm told, quite a lot of opposition
at home.

Speaker 23 (24:05):
Well, Iron badly needs revenue, and yet Trump and the
West also are facing some big pressures. Despite what's happening
on Wall Street with the investor optimism, you know, straight
in petrol pumps drying up, Europeans, running out of jet fuel,
that kind of thing. Belial science professor Robert Pape of
the University of Chicago says he puts the chances of
renewed US military action at about seventy percent likely. While

(24:27):
one of Trump's top economic advisors, Kevin Hassett, is making
this proposal.

Speaker 7 (24:31):
Imagine oil prices start going back down because the situation
resolves itself somehow that.

Speaker 11 (24:36):
You could be looking at at inflation close to zero.

Speaker 23 (24:39):
Just imagine a better world, Visualize lower petrol prices. Sure,
while Trump's Energy secretary Chris Wright has this insightful contribution.

Speaker 22 (24:48):
Just because it looks like we're going the wrong direction
does not mean that's the direction we're going.

Speaker 23 (24:54):
Okay, right, surely.

Speaker 2 (24:57):
You can't argue with that. No man, oh man, all right,
make you have a good week. I appreciate it. Richard
Arnold state, So I judge, federal judge, another bad day
in court for Trump. The underground aspect of the ballroom
at the White House has been stored. This is Richard Leon. Judge,
Richard Leon. You can continue underground. Sorry, you can continue underground,

(25:18):
but you can't continue above ground. Was the ruling there
and best It's interestingly enough, this was out of US
pressy yesterday's expecting banks to comply with a mandate to
collect citizenship dartists. And next time you're in an American bank.
They're going to be checking whether you're legit or not.

Speaker 1 (25:31):
Ten to seven the Mic asking Breakfast with Bailey's real
estate news talks, there'd be Tim.

Speaker 2 (25:37):
Cook bought another million dollars worth of Nike shares yesterday.
Is that because he's got so much money he doesn't
know what to do with it, or because he knows
something about Nike? Nike if you followed this story, they've
fallen out of favor. Lulu Lemon's the other one I'm
following with interest at the moment. They they've had an
ongoing issue with their their active wear and forever chemicals
and stuff. But I might come back to that. Mike,
so much for Luxus and ignoring Stuart Smith and Ambly

(25:58):
On Wednesday from another source, very funny, Mike went and
met and listened to Luxon and Nelson last week, very
personable and by a country mile. The person we want
leading our government into the next three years inherited eleven
thirty months ago and then has been dealt some bad
cards over the current team, with the latest one of
the Middle East, et cetera, et cetera. Let me tell
you what's going on within the National Party we'll come

(26:19):
back to Thomas Coglan's aspect to it. There's a small
group of agitators within the party who are nervous, and
they're nervous because they may well lose their seats. And
this is what happens at this time in the lead
up to an election, when the polls are doing what
the Poles are doing. I think my theory is broadly correct.
The coalition has been such a success from a coalescing
point of view that people feel in bolden to be

(26:40):
able to vote for New Zealand First or Act if
they want to, and not fear that those parties are
going to disappear the way they have previously an MMP.
So Luckson's pain slash success is that he's got a
group of three a co lab who are working extremely
well together and will survive and do well.

Speaker 3 (26:57):
Now.

Speaker 2 (26:58):
The fact that National aren't quite as high in the
polls as they were doesn't matter. As I keep trying
to say, but no one's listening. The group of three.
It's center right vi center left. That's all that matters
in an election. Whether National gets thirty one or thirty
six or twenty nine doesn't matter. If the overall vote
for the center left or the center right gets you

(27:19):
across the line to government. And that's what's happening with
this government National of bleeding to New Zealand first and Act.
Now some in the National Party going need and that's
the problem. Now there is no coup. There will be
no coup, mark my words. They might try to agitate
to a point where Luxon goes all right, oh quit,

(27:41):
he's not going to. So that's the beginning, the middle,
and the end of it. So whatever else you're here,
believe it if you want to. But they'll be wrong anyway.
Turns out old bish is. Heather would call them old
bish is on the program for us shortly five minutes
away from seven.

Speaker 1 (28:00):
All the ins and the ouse. It's the fizz with
business fiber take your business productivity to the next level.

Speaker 2 (28:08):
Tim most in demand rolls this year. That's apart from
leader of the National Party. Most of you will find
construction and tech sectors are hot right now. This is
the seat top ten. So they're comparing job add volume
between September and feb this year competed the same period
last year. So automation engineer job ads are up one
hundred and eighty five percent, But that'll be off a
low base. I mean, how many automation engineers do you know?

(28:30):
I don't know any. I know a lot of people,
but I don't know a single automation engineer. They are
investing in automation, of course, the first thing you do
when you invest in automation is you need an automation engineer.
Did you know, by the way, Claude is no good
at drawing stuff? Had this conversation yesterday AI Claude doesn't
draw stuff. Claude's very good with data, no good with
artistic stuff. Second salesperson job ads for salespeople up one

(28:53):
hundred and forty five percent. Third is a truck driver
contract who doesn't want to be a constructor truck driver.
I mean, honestly and mainly in the construction Yeah, mainly
in the construction industry, which means big trucks. Don't want
to drive a toy truck. You want a big truck
one hundred and twenty six percent.

Speaker 7 (29:10):
Up.

Speaker 2 (29:10):
Heating ventilation air conditioning technician up one hundred and eighteen percent.
I'm not surprised. Engineering designer up one hundred and seventeen percent.
Their fifth roofers sixth up one hundred and nine percent.
Everyone wants to be a roofer or they need rufers,
crane operator, interpreter, machine operator, technical lead. What's a technical lead?

Speaker 20 (29:30):
What is that?

Speaker 2 (29:31):
Even then my job? No, No, you're not leading anything, Glenn,
You're in technical but not leading.

Speaker 17 (29:37):
So I'm a technical follower.

Speaker 2 (29:39):
Just yeah, So they're the top ten. A job add
increases in between eighty and one hundred percent there, so
you know, does that mean anything?

Speaker 11 (29:49):
Really?

Speaker 2 (29:51):
What does that mean? The point is do they get
good people to do the jobs? That's the real issue
in the job market, isn't it. I mean, advertise all
you want, but do you get get good people to
do the job?

Speaker 1 (30:04):
Incredible, compelling the breakfast show you can't best. It's the
Mic Hosking Breakfast with Bailey's real Estate altogether better across residential, commercial,
and rural.

Speaker 2 (30:14):
News talks head been seven past seven. So finally getting
the changes to the waft's system off. Your wheels are
four to fourteen years old, you just need every two years.
Now older than fourteen, it's now yearly. Big savings they
say four point one billion over thirty years. Big support
seventy four percent of us, they say are behind it anyway.
Chris Bishop Is, Minister of Transport, is with us morning,
Good morning. Is it really about the savings?

Speaker 3 (30:37):
Yeah?

Speaker 25 (30:37):
Well, I mean basically our regulatory regime is out of
step with the rest of the world. Many other countries
like Japan and Australia, Germany, they have a far less
frequent regime for wasts and costs, and our system is
just not well calibrated to risk. So basically, the older
your car, the more dangerous it potentially is, or you know,
it needs to be checked. But these newer cars, you know,

(30:58):
the modern safety standards that have been coming up and
over the last ten years in particular, are very safe
and need checking less frequently. And so we're aligning that
with the actual reality.

Speaker 2 (31:08):
Do you see a problem with tires? See I had
a new car and you don't. When you get a
new car, you don't have to have a warrant for
three years. But the problem is you can burn through
a set of rubber within that period of time yet
never get you waft done.

Speaker 25 (31:20):
Yeah, and so it's really important to note that the
law still requires you to maintain a roadworthy vehicle, okay,
and so that's still your obligation and people should still
do that, but the evidence is in relation to new
cars in particular, that we can take it to four
years safely, and so that's what we've done, so you.

Speaker 2 (31:38):
Won't ask get a new who told you that?

Speaker 25 (31:42):
Officials Ministry Transport and they went out and did quite
a lot of extensive work on this, and we've been
sort of working away on this for about a year
or so.

Speaker 2 (31:49):
Well, i'll tell you so. Well, yeah, and I'm looking.
I'm on your side. I get this, and I think
it's a good idea. But having had new cars, there's
no way I'm running a new car on tires before
years because they won't they won't go to the distance.
But you're saying, oh, it's the law. I've got to
do something about it. But why can't be bothered I'm
not knowing checks me.

Speaker 25 (32:08):
Yeah, sure, but I suppose the issue is you shouldn't
do that obviously, whether or not we should make people
go and do it, you know, every every year or so.
And basically we've decided that the benefits outweigh the costs
of the system we're adopting and the official one else.
So it's two point six to four point one billion

(32:28):
dollars of net benefits, like you know you've got you've
got to David on it. They've seen more on of it,
going on about cost benefits all the time. Well, this
is a pretty persuasive cost benefit. You know, it's going
to mean millions fout, hundreds of thousands, millions of people
not able to go every two years. But that's where
the big games are. It's the cars aged between four
and fourteen years of age, which which are currently on

(32:49):
your and your loss. It's you know, you've got to
go bock at em and find a time, take an
hour off work, pay your money, you wait around in
the waiting room. It's annoying, right, it's frustrating. And they
don't have to do it every two years now, so
I think people will widely welcome it.

Speaker 2 (33:01):
What about my ninety three Ardi that was on six months?
Is that now out to a year?

Speaker 25 (33:08):
You're ninety three Houdy, Yes, I think so.

Speaker 2 (33:11):
Is that a vintage car because it's not quite vintage.
It's in that gray areas. Talking to the mechanic about
that and I said, we're going one year and he goes, no,
I don't think you are, So I said I'm going
to ask bish is how the keeps calling you? And
so I'm asking you, what's the story?

Speaker 25 (33:26):
Yeah? I think I think you go to one year.
But don't quote me on that mic. That'll be in
the dev of the detail.

Speaker 2 (33:32):
Hey, what about the Cogglin piece this morning? You read that.

Speaker 25 (33:35):
I haven't really read it, to be honest, I've just don't.
I've just sort of, to be honest with you, I've
rolled out of bed and I'm having a cup of
coffee and I'm talking to you.

Speaker 2 (33:43):
I was going to say, we're you're too busy crunching
the numbers to read the article.

Speaker 25 (33:47):
Staying up all night working on AM reform. To you,
I try to have a slight slip in this morning.

Speaker 2 (33:52):
Right. Is there a coup on or not? Is there
agitation within your party or not? Are you going for
something or not? Don't dick us around what's going on?

Speaker 25 (34:01):
No, I have barely seen the article, to be honest.
And if it sounds like people have been talking a
bit about, you know, possible corpus matters, there's a lot
of sort of what you know, it's rumored this, it's
rumored that. But you know, every now and then, articles
like that appears it's untidy and unhapful. Obviously, can you

(34:21):
rule it?

Speaker 1 (34:21):
That rule?

Speaker 2 (34:23):
What out a coup, A pressure on the Prime minister,
a group visiting him asking him to consider his position,
any of those things remotely related to you upending the party.

Speaker 25 (34:37):
I'm not I'm not trying to up end the party
and that that is not happening.

Speaker 2 (34:41):
So there is no coup happening.

Speaker 25 (34:44):
No, there's no coup happening.

Speaker 2 (34:45):
Is anyone mounting Luson asking him to consider his position?

Speaker 25 (34:49):
I'm trying to fix the RMA and.

Speaker 2 (34:50):
Trying to forget the RMA, Chris, we move beyond that, mate.
Are there people within the party looking to get rid
of Luxen? Yes or no? Not, to my knowledge, are
you one of them?

Speaker 26 (35:02):
No?

Speaker 2 (35:03):
Will you be the leader of the National Party before
the election? No, hand on Hart.

Speaker 25 (35:10):
I won't be the leader of the National Party. What
we've got to do is head down bum up in
the next six months and try and govern this country
in very difficult times with the geopolitical instability and then
the least in fuel crisis, and try and set New
Zealand up for success into the twenty thirties and beyond.

Speaker 2 (35:27):
Do you know anybody within the party who's agitating for
Luxe and before.

Speaker 25 (35:32):
Well, I think it would be fair to say that
everyone wants us to do better. I think that's a
that's a statement of reality.

Speaker 22 (35:40):
And.

Speaker 25 (35:41):
You know that that we will people. People want us
to do better, and I know the Prime Minister wants
us to do better as well.

Speaker 2 (35:48):
Indeed, so did Luxon go Stuart Smith.

Speaker 25 (35:53):
I don't know that that's the sort of article I
have barely read. I don't I don't know that that's
news to me and I don't know anything of that.

Speaker 2 (36:00):
Do you understand that if you roll lucks and all
luck and quits your toast and you won't be government?

Speaker 25 (36:09):
What do you mean by that?

Speaker 2 (36:10):
If you roll lucks and all lucks and quits, you
will lose the election.

Speaker 25 (36:15):
Well, I think instability is not a good thing, and
I think that's the broad point you're making. And we've
got to focus on governing this country. We've got a
lot of work to do. This country is in not
great shape and we've got a lot of work to
do to improve our fiscal situation and our living centers
of the country and deal with the short term hopefully
a short term, hopefully short term issue with the fuel situation,

(36:36):
but we don't know exactly how long it's going to last.

Speaker 2 (36:38):
For do you reckon? You wish you got up earlier
because you didn't know this was coming.

Speaker 25 (36:43):
I suspected you might ask me, Mike, I've had I
have had a brief scan of the article. Whatever I say,
I have barely read it properly.

Speaker 2 (36:50):
Good on you. You go read it now over that
cup of team. Nice to talk to your Chris Buship,
Minister of Transport. What do you want to do? You
want to go to Gordon. Let's go to Gordon thirteen
past Coska. We've got a cease fire? Are we in
the week? I think with real momentum around epic fury?
More talks between the US and rand scene probable. Now
there's team they cease fire between Israel and Lebanon. Now

(37:12):
Gordon Robinson is with US Middle East expert. Goodon morning
to you.

Speaker 18 (37:17):
And a good evening from here.

Speaker 2 (37:18):
Are you optimistic of this?

Speaker 18 (37:23):
I would like to be asked that question in maybe
another twelve hours. The ceasefire officially goes into effect just
over two hours from now. And there's a long history
with these things in the Middle East in general and
between the Israelis and the Lebanese in particular. Let's see
over the first twelve hours or so how well it holds.

Speaker 2 (37:44):
Okay, is it separate? You'll know what I mean by
the question, is it separate?

Speaker 18 (37:50):
Separate? You mean separate? You mean from this the ceasefire
with Iran?

Speaker 2 (37:53):
Correct? So ye, separate things. So it's all about tiling in.

Speaker 18 (37:58):
Well, they're officially completely separate things. But it would be
naive to think that these talks are going on in
a bubble. You know, everybody knows what's going on. At
the show, we say the eastern end of this war,
and so no, the connection may not be official, but
the connection surely exists.

Speaker 2 (38:16):
How much is this driven by the US? The Lebanon
Israel thing.

Speaker 18 (38:21):
I think this is driven by the US, very very substantially.
The Americans want the Israelis to ease off on Lebanon.
President Trump has actually said that in the last few
days because they think that it's endangering their bigger talks
with the Iranians, which may or may not have a
second session mediated by the Pakistanis in the next few days.

(38:45):
So making the talks between the US and Iran succeed,
which is a big. If to do that, there has
to be some lessening of tension in Lebanon.

Speaker 2 (38:57):
All right, godon, listen, I appreciate you. Tom. We'll get you
back on again. Good And Robinson, who's the Middle East
expert with us this morning, got tod a fascinating thing
about the Iran delegation yesterday. I'll get to later, but
we'll come back with the Bishop reaction. In a moment
sixteen past.

Speaker 1 (39:10):
The Mike asking Breakfast Fall Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (39:15):
At b right, just working through the Bishop. What have
I got? Excellent questions for Bishop? Mike, not sure I
feel he's telling the whole truth. Mike, well done on Bishop.
You exposed him as the conniving, backstabbing Macavellian snake that
he is. Mike. At least Chris Bishop doesn't say the
word actually every second sentence. OMG, how bloody awkward. He's
in donkey deep. The egoes within the National Party will

(39:35):
bring down the country. Will you be leader of the
National Party at the next election? Three truck pause? There
was a pause, There wasn't there There was a pause.
We'll have to go back and have a listen to that.
Mike that Bishop interview reminded me of the great Bill
Clinton interview. I did not have sexual relations with that woman.
Pinocchio all over, Mike. Is Bishop floundering? Mike? I like Bishop,

(39:56):
but I hope he doesn't play poker with those responses
to your questions, go, Mike, Bishop is struggling, He's fudging.
No one's comes close to Luxe and morning, Mike. Did
I hear a few trucks going through your interview with
Chris Bishop? One and a half trucks, Mike for internal indecision,
big mistake, and they try and roll the government. No
one will be better than Christopher Luxen, and so it
goes definitely happening. He shat himself, Mike the bush, totally

(40:21):
avoiding your questions. Jeepers, Mike, he wouldn't answer. Something's up?
Could you imagine that Dribbler as a prime minister? Here
we go, God, I love Fridays and Coop Talk seven twenty.

Speaker 1 (40:36):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, ow
it by News talksp.

Speaker 2 (40:44):
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though little piece of news and current events. It's more
popular than a six pack of pellagreeno at New World

(41:48):
with a cyclone on the way. Manufacturing seven in a
country spook by war and confidence being down, manufacturing still expanding,
and God bless them for it. Dry nine The checks
arrived in the some to death, some for the farm,
some for the pub. Thank the Good Lord for the farmer.
Ray the BSA seven, I mean, can't wait to see
the back of them. Good luck and good night sky

(42:09):
TV seven The Crucible Snooker, Ronnie O'Sullivan get in there.
The war six. I know what the hell I'm doing,
Mark my words. This is closer to the end than
many think. Round two of talks to squeeze on the straight.
The Iranians are about to capitulate, Mark my words. They're
about to capitulate around Israel. Lebanon adds to it as well.

(42:29):
It seems positive Emverer eight and seven. Please she wasn't booted,
but nor should she have been. I mean, what a
storm and a bone China Northern Club teacup Mark carneya
from minority to majority in a couple of special votes.
A popular leader in troubled times. That's not something you
see much anymore as it. Speaking of which your barn too,
that too, that's us thinking and a bloody knows for

(42:51):
Trump via advance. Of course, let's hope he actually answers.

Speaker 11 (42:53):
So this is going to be very embarrassing.

Speaker 2 (42:55):
Yeap, the IMF three are No one likes the wowser,
but what a wake up call. And I hope the
likes of the Labour Party heard the warning, lud and clear.
The days of buying your way out of trouble through
debt are over. Moana Pacific of four in a competition
already lacking sparkle as can't have helped. And also perhaps
a lessen in starting something for the right reasons, not
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(43:19):
a thirty year legacy. We're going to miss him, afraid
the Q Town Film Facility seven for the news story
for the week. Fast tracking Action Fast tracked by the
way will never be flipp no matter who runs the country,
because it's returned common sense to decision making. The envy eight. Yeah,
one billion dollars for an apple. That's New Zealand and
with crunch, that's what we are capable of more please,

(43:41):
and that is the week copies on the website and
watch out at Ruapona this weekend. Matt Paine is wearing
a special one off marking the weak helmet, asking Chris
Bishop and his cronies will lose the election for National Stupid, stupid,
stupid Mike of Chris was rolled. Who would the voters go?
Where would the voters go? Surely they wouldn't switch the
labor and the grounds. Yeah, that's not the point. I'm
trying to make the point that in a center left,

(44:03):
center right election, Yeah, of course National would bleed, but
they may well go to New Zealand first and act
and they may well survive because of it. But here's
the thing, here's the point that no one's made so far.
Ask yourself this very simple question. First of all, as
I said before, just for the record reiteration, Chris Luxon
is not resigning, full stop. He is not resigning. So
they will need to mount a coup. They won't. They've
got no balls. They're spineless. There's a handful of spineless

(44:25):
losers in there that are fearing for their job. So
they're not going to mount a coup. If they did,
then guess what Winston would do. He'd go cross bench
because who did he sign the deal with. He signed
it with Luxen, and he's a lawyer, and what's the
first thing a lawyer does. That's not the deal I signed.
So he's off to the cross bench. You gotta go early.
Would national want to go early? Ask yourself that simple question,

(44:47):
and given the answers, no, this story stops and starts
right here. In that sense, there is no coup and
there is no resignation, so therefore there can't be a
breakdown in the government, and there's no down to the government.
There's no election. Therefore it's over. The story is finished.
That's how Mike sees it now. The IMEF I thought,

(45:08):
was in a way the most important story of the
week globally because they said some really bold things, and
that is that you cannot buy your way out of trouble,
which ironically goes back to Luxon and this government because
they haven't because they can't afford to, because they understand
fiscal reality. You look at Albanize, he hasn't got the
slightest idea. So Jared Lyons is Boris Johnson's man in

(45:28):
terms of finance and money. He's with us from Britain
after the News, which is.

Speaker 1 (45:32):
Next no fluff, just facts and fierce debate the Mic
Hosking Breakfast with Vida Retirement Communities, Life Your Way News
togs Head be.

Speaker 2 (45:43):
Tabulous week in coming in christ Due of course, the
Canterbury Car Club are hosting at Ruapoom of the supercars Goo.
Mark Weberl's with us before eight Tim Katie after right
meantime of twenty three minutes away from eight. Got the
big wake up call this week from the IMF. Global
receiption is on its way. They argue. If deals aren't
done in the Middle East and the stry it isn't open,
they cut their global growth forecast. Of course, places like

(46:03):
Britain were particularly hard hit. Jured Lyon's former chief economic
advisor to Boris Johnson, candidate for the Governor of the
Bank of England, is with us on all of this. Jared,
morning to you, good morning, just pretty terms because I'm
fascinated with the Britain, the state of Britain at the
moment as you see it in terms of welfare, in debt,
the government. I mean it seems Missy is that fear.

Speaker 6 (46:27):
Yeah, Well, Britain is pretty much in the same space
as the other major economies of Western Europe, which isn't
particularly good. We were heading into this year with pretty
modest growth, but on the positive inflation was falling. The
war has scuffered that it's going to hit growth, maybe
particularly hard. It's going to push inflation higher, and instead
of UK interest rates being able to ford, their likely

(46:50):
to increase. And against this bat job, it makes it
very difficult for the government to make an inroad into
what is the pretty poor economic picture and living standards.
In fact, living standards have been pretty stagnant now since
the two thousand and eight global financial crisis, so not
a great back job. If we're looking for good news
is the fact that the French, the Germans and the

(47:11):
Italians are pretty much in the same situation.

Speaker 2 (47:13):
Yeah, Rachael Rusel already had problems with the cost of
borrowing before this, and I'm assuming it's not got any better.
That message from the IMF that you cannot buy your
way using it out of trouble. Do you think that
lands in a place like Britain.

Speaker 6 (47:28):
Yeah, Look, the fiscal position that is pretty poor in
the UK, and the best way out of it is
stronger economic growth. We're not going to get that. What's
going to make it particularly difficult now is not just
that that tax revenues aren't going to be given the boost,
but also that interest rates maybe will have to head higher.
Before the war started, it seemed likely that UK interest

(47:51):
rates would fall twice this year. After the war started,
the market started to factor in higher rates. They've settled
down a bit, but still the likelihood is that the
Bank of England might be forced to raise rates. I
personally don't think they should, but that's the likelihood. So,
coming back to your question, is very difficult for the
government to pull any fiscal levers in terms of spending
or tax.

Speaker 2 (48:11):
The balance Starmer has been the star of the show,
I guess in the political sphere in his relationship with Trump.
What's the balance between the politics of what Starmer's doing.
I don't want to be a part of the strait
versus the economic reality that everyone's paying more for oil
and guess and maybe the fertilizers a problem as well.
How does he square that circle?

Speaker 11 (48:31):
Yeah?

Speaker 6 (48:32):
Well, here in the UK we've got local elections in
early May and they're very important in understanding the background
to your question, because it's widely assume that the Labor
government will do very badly in the local elections, particularly
in Wales and in Scotland, and that could trigger basically
a challenge to Starma's leadership and maybe even lead to

(48:53):
a change in prime minister later this year. Not guaranteed,
but that's where the thinking has been. But the general
public in the UK has been very anti shall we say,
Donald Trump, so some that is trying to play to that.
But the challenge is that in terms of diplomacy and
in terms of actual defense, the UK has become very
reliant on the US, so it's difficult for the UK

(49:16):
to fully divorce itself from what's going on in the States,
and we in some respects need to actually be supportive
of the US.

Speaker 11 (49:23):
To actually not support the.

Speaker 6 (49:25):
US because of near term politics could in many people's eyes,
create longer term problems. But pulling it all together, what
we have in the situation is that when you look
at it from an economic perspective, there are no easy
wins for the UK and it's likely that growth will
be low, inflation will rise an Unfortunately, unemployment, which is
about five point four percent, could head even higher. So

(49:47):
it's not a great backdrop and similar to some respects
to some of the problems you're facing that home in
New Zealand. Not the same scale, but similar sort of storyline.

Speaker 2 (49:55):
The miller Band argument iver renewables versus the Trump argument
I have drill, baby, drill or where does the public sit?

Speaker 6 (50:02):
Well, the public's pretty mixed, and it does vary by
age group. I tend to be in the camp that
you need to have a green agenda, but you need
to be sensible about it. What this last seven weeks
has highlighted is that you need to get the balance
right between energy security, you need to get the balance
right between electricity prices coming down because the UK has

(50:24):
electricity prices which are four times higher than those in
the States, and also get the balance right with the
green agenda. So there's a lot of support for the
green agenda, but increasing skepticisms, sorry skepticism, because high electricity
prices are really causing the problem, not just for the
cost of living, but it's actually hitting in the industrial
sector and leading to companies, for instance in ceramics and

(50:47):
chemical sector going bust. So the thing is it's okay
to have this idea that the green agenda is the
be all and end all. But you need to actually
be sensible about trying not to do that overnight. So
the public is coming more immor becoming more skeptical. But
the underlying message for many people is green matters. But
let's get the balance right.

Speaker 2 (51:06):
If you're a central banker, what do you do with
all of us globally speaking? I mean, it's a miss,
isn't it.

Speaker 11 (51:12):
It's a mess.

Speaker 6 (51:12):
What the central bankers need to do is actually see
through the problem. Part of the challenge for central bankers
is this that they made a big problem with mistake
a few years ago after the pandemic. They eased policy
too much. They pumped up liquidity with quantitative easing. So
central bankers often feel that if there's an inflation threat
then they need to react to it. The way the

(51:33):
markets are interpreting it is this that you need to
differentiate between a central bank like the Bank of England
or indeed the Reserve Bank of New Zealand, which has
a single mandate to control inflation. Those central banks are
seen as more likely to having to raise rates as
opposed to a central bank like the US Federal Reserve,
which is a dual mandate to look at jobs as
well as inflation, and they're scene as having a bit

(51:55):
more leeway. But coming back to your question, the central
banks have a challenge because inflation is likely to head
higher in the near term before the growth hit comes.
But it's also very contingent on how long the war
lasts and how elevated NAG prices remain. So in the
near terms, some central banks might feel the need to
hype rates, but one or two of them, and personally

(52:16):
I think this is what the Bank of England should do,
is they should wait and see and try and ride
through the storm, because effectively going from expecting rate cuts
to having no change is a tightening in itself. So
for the Bank of England and one of who have
the central banks actually hype rates. While that might please
the markets, it does come with a big economic costs,
particularly as further down the roads economy will take a hit.

Speaker 2 (52:39):
Anyway, great inside Jared have enjoyed the conversation. Jared Lyonce,
who's the former chief economic advisor to Boris Johnson, candidate
for the Governor of Bank of England. By the way,
nuclear is the other part of that whole power equations.
Very good piece on the BBC. The other day, faced
with new energy shock, Europe asks if reviving new clear
is the answer. So the old nuclear is back in Britain,

(52:59):
as I Todd you on the program the other day
announced the building of a facility in Anglesy. So it's
you dismiss it until you Don'tkay. Sixteen to two.

Speaker 1 (53:10):
The vic Asking Breakfast Full Show podcast on iHeartRadio, power
by News talks.

Speaker 2 (53:16):
At B thirteen Away from it. Yes, Chris Bishop, Holy
Molly Bishop, better call folies. I don't know what that means,
but it sounds good. Wasn't Bishop vote without of being
the MP for Lower Yeah? No, but that's not going
to do with it anyway. How many pauses are in
a terminal do we have? Let's count one so there

(53:36):
is no coup happening.

Speaker 25 (53:38):
No, there's no coup happening.

Speaker 3 (53:42):
Two.

Speaker 2 (53:43):
Will you be the leader of the National Party before
the election?

Speaker 27 (53:47):
No?

Speaker 2 (53:48):
Hand on hart.

Speaker 25 (53:50):
Three, I won't be the leader of the Mission Party.

Speaker 2 (53:53):
There's too many pauses.

Speaker 28 (53:55):
There's too many pauses for do.

Speaker 2 (53:58):
You know anybody within the party who's agitating for luxe
and to fall?

Speaker 25 (54:03):
Well, I think it would be fair to say that
everyone wants us to do better.

Speaker 2 (54:08):
Five. So did Luxe and Ghost Stuart Smith, I don't
know so fine.

Speaker 17 (54:19):
I think we've actually got another one. I think I
found another one.

Speaker 2 (54:24):
Do you understand that if you roll Luxe and or
Luxe and quits your toast and you won't be government?

Speaker 25 (54:33):
What do you mean by that?

Speaker 16 (54:34):
It's not that.

Speaker 2 (54:35):
It wasn't that complicated, mate, Just and the interesting thing
we've been discussing here is he knew I was going
to ask this, wasn't I didn't take him by a surprise,
despite the fact he clamped. He just rolled out of bed,
which he should never have said publicly, because a man
who wants to be the Prime Minister shouldn't be getting
out of bed at seven o'clock in the morning. So
he clearly got out of bed. He clearly knew it
was coming. And then even when it came, it smacked

(54:57):
him between the eyes and he didn't know how to
handle it. So was that six or five? That was
too many? Is the problem, bloody idiots.

Speaker 17 (55:05):
I was trying to line up all the trucks. It's
hard to when you've got that many trucks at one place, and.

Speaker 2 (55:11):
More importantly organized, Think about all those trucks, all the
diesel you boot. I mean, it's just too much petrol
being used ten minutes away from it.

Speaker 1 (55:19):
The Mike Hosking Breakfast with a Vida Retirement Communities News
togs had been.

Speaker 2 (55:24):
Shoving away from it. So first for christ here, of course,
we've got the supercars coming to town. Ruapooon a fourth
local track to host the event. Twenty thousand a day.
They reckon Mark Whitterall's the GM at the Canterbury cart
Club rung Ruapoonna of course, Mark morning, Good morning. What's
twenty thousand men compared with any other event.

Speaker 16 (55:41):
Well, our biggest event, Scope Classic, we get like seven
to eight thousand across the weekend, so maybe we have three,
three and a half thousand on one day. So it
is huge.

Speaker 2 (55:51):
Tells you something about the power of motorsport, doesn't it,
in general? And the supercars particularly, I guess yeah.

Speaker 16 (55:57):
The supercars reached you know, international just got so it's
a huge following. It's absolutely amazing.

Speaker 2 (56:02):
The buzz locally beyond it. Can you feel it in
the city? Is it beyond just the car lovers?

Speaker 16 (56:08):
Absolutely? Yeah, nothing I've ever felt before going to town.
Everything's stuck it up, everyone's talking about it. You know,
supermarket shops, the headdresses, barbers all that. You know, everyone
seems to know about it. And you know, I've never
had that experience with any motorsport events in the city before.

Speaker 2 (56:25):
Good What are you looking for as an organizer and
the you know, the the man at the club to
make this thing stick permanently beyond the deal that's already
been signed.

Speaker 16 (56:34):
But for us is to keep chipping away at the
work required. You know, there's a little few few safety things,
just track improvements as we go along. But for me,
the biggie will be building adequate pit lane garaging for
them and we have a lot of support locally to
do that. And we are hoping to move the existing
garages after they leave this year and the goal is

(56:56):
to try and have them in by year two. But
if that's not done, ye three for sure, and I
think that is what's needed the most.

Speaker 2 (57:03):
It's been twenty years since I've been on that track.
I've driven that track a number of times. I always
thought it was a technical track. Or is that because
I'm just a bit useless.

Speaker 16 (57:13):
No, that's what all the good drivers will say. It
is very technical. It's quite a narrow through the infield,
so I'd expect supercars to get their elbows out and
some of them will force their way through. I'm sure.

Speaker 2 (57:24):
Yeah, where's the passing? How many passing opportunities on the track?

Speaker 16 (57:28):
So I was down down the strait and maybe coming
into the heapen, but I think this position right, even
through the infield, if you can get your nose in there,
you'll still get around. So I'm expecting to see plenty
of passing.

Speaker 2 (57:41):
Is the quality good? You resurfaced, You got all your
bits and pieces in order.

Speaker 16 (57:46):
Tracks still mostly the same track that see all that
we've had. It's up for the job. We've had to
add a few extra bits, a few runoff areas, just
so that if they run a bit wide, but don't
get stuck in the grass or in the gravel. Perhaps,
so we've extended that.

Speaker 2 (58:01):
Yeah, what's a good time?

Speaker 16 (58:05):
I think probably round the one two d's, you know,
that's where they'll be around there somewhere, I think.

Speaker 2 (58:11):
And the forecast I think's good, isn't it?

Speaker 16 (58:13):
It's getting better? Yeah? Yeah every day, keep looking at it,
and yeah, I reckon, you know we can of rest.
We'll put on sunshine every day.

Speaker 2 (58:20):
Yeah, why why wouldn't you mate, all right, go well mate,
and congratulations on it. Or Mike Whitterall, who's the general
manager at the Cantery Car Club kind of at Canterby
Car Club, run rua poona, all right, we'll do this
four minutes away from it. Formatics. Got to stick with
the formatics, you know. How does I've got Unfortunately Keen
and Gareth out of in for metrics he's got He's

(58:41):
dipped his toe and he's clearly sitting there in the
office yesterday going well, how come every bank in the
country had to crack at the economy and I didn't.
So he's come forward this morning. He sees inflation peaking
at four point eight, which is more than anybody else
as far as I can work out, even with the
assumption that fuel moderates, he still thinks three to nine
until March next year. Isn't back to three percent until

(59:05):
December next year, So you've got all of twenty seven.
He's with the A and Z on the bang bang
bang on the cash rate starting July bang bang bang.
So we had bagriy on yesterday. He goes stitch in time,
saves nine. I said, a rolling stone gathers no moss.
But he said no stitch in time saves nine. So

(59:25):
Kenan goes Bang Bang bang starting July. He expected it
to the need to go higher four percent cash rate
mid twenty seven, so garris the doom Merchant four and
a half percent of the first half of twenty eight.
The guys.

Speaker 17 (59:39):
Did I also say they, like all the other guys
have been saying that they don't know what.

Speaker 2 (59:43):
He doesn't go Nowhere in there he says, I don't
have a clue what I'm talking about. So either he's
backing himself or he doesn't have a clue what he's
talking about. Anyway, News for You in a couple of moments,
seeing a couple of randoms called Tim and Katie do
the week for you here at news Talk zev.

Speaker 1 (59:58):
Asking the questions of won't the mic asking Breakfast with
Ranger of a Sport SV the Ultimate Performance SUV, news
togs ed V your love of My Life.

Speaker 10 (01:00:11):
The thing compars to a lonely man with you tully
close in the night, two knots your toe to keep
me on your side.

Speaker 2 (01:00:23):
So anyway, here's how ween Cameron is in a band
and it's called Black Midi and they call it quits.
Like so many bands do they call it quits in
twenty twenty three. He's a bassist and a co vocalist.
So then he decided he'd start making music on his
own and he brought in some collaborators. This is his

(01:00:45):
debut album and some of this oh actually listen Lisbeth.
That was the experimental London group Caroline in the background there.
He's named the old and the Project the same thing,
and it's called my new band Believe, which is probably

(01:01:08):
the best thing about what I've told you so far,
because the music's not pretty good. He's only done eight
tracks and he's managed to produce thirty six minutes and
thirty four seconds of.

Speaker 1 (01:01:21):
Us the Weekend Review with two degrees bringing smart business
solutions to the table.

Speaker 27 (01:01:28):
You have met it just like time, because I have
literally nothing more to say about us. You know, if
I if I aid that or applauded it, and I said, Claude,
of the music we play after eight o'clock, how much
of it would you regard as crap?

Speaker 2 (01:01:44):
I reckon Claude would come back and say something like
eighty six to eighty nine percent.

Speaker 17 (01:01:48):
But this is the service that we're providing, because you know,
you might see that album come out and think, oh
that looks interesting.

Speaker 2 (01:01:55):
I'm going to get that a listen it's good cover
and you're right.

Speaker 17 (01:01:57):
And you know fun fun name and then you listen
going no, not for me after all.

Speaker 2 (01:02:01):
Couldn't agree more. Timothy, how you doing?

Speaker 21 (01:02:05):
Yeah, I'm good, coming at your live from christ Church.
I've got the I've got the mark the week helmet
that you mentioned. I just want to give it to
Matt Pain today.

Speaker 26 (01:02:13):
You at the Supercars, not of the supercars yet, just
here at the Commodore Hotel and just waiting to cut loose, smell,
smell a bit of gasoline, watch some rubber burn and
get down.

Speaker 2 (01:02:25):
Are you? Is the Commodore any different to when I
stayed there in nineteen ninety four or five. Well, I
don't think many of the listeners were alive then.

Speaker 21 (01:02:39):
But it's a great place, fantastic.

Speaker 2 (01:02:42):
Just your two minutes down the road Memorial Ab turn right, boom,
you're there.

Speaker 16 (01:02:46):
Yep, yep, all set, all set.

Speaker 21 (01:02:48):
And you know what you were saying about the vibe
in christ Church, It is amazing. Here went to the
STA watch the Crusaders last night doing a practice for
the stadium was open. There was just an incredible vibe
in the city.

Speaker 2 (01:02:59):
It looks looks Kadie morning to you. Hello, I'm here.
He was just partner in crime, two persons, to be fair.
To be fair, he raised my favorite subject in the world,
which of course is Christ Jurch and and this weekend
it has to be Christ Jurch with supercars. And so
he had me, you.

Speaker 21 (01:03:23):
Know, how to play play by the rules, Kate. Don't
change the rules. Play by the rules.

Speaker 2 (01:03:26):
Exactly, Katie. The coup, give me, give me the vibe
on the coup. What have you heard this morning? Did
you think did you think old Bishop? Do you think
old Bishop did his chances any good? So he's blown.

Speaker 9 (01:03:37):
He's absolutely blown. I'm so embarrassed for him. I was
cringing through the whole thing.

Speaker 19 (01:03:42):
Chris Hopkins vibes.

Speaker 9 (01:03:43):
Doesn't get out of bed till seven, disgraceful, lazy for
having his first cup of coffee, is barely read the paper.

Speaker 19 (01:03:49):
Hello, you want to run the country?

Speaker 9 (01:03:52):
No thanks, total Chris Hopkins vibes vague, lazy, disorganized. You
could just absolutely run several buses through all of those answers.

Speaker 19 (01:04:01):
He didn't have no conviction whatsoever.

Speaker 9 (01:04:03):
Did you ask him the key question does like one
hundred percent his support and backing, because I don't think
he could say yes to that.

Speaker 19 (01:04:09):
He just sounded too flaky.

Speaker 2 (01:04:11):
Yeah, he sound. What I found most revealing about it was,
as I said earlier, he knew the questions were coming.
It wasn't. It wasn't like I shocked him out of
left field.

Speaker 21 (01:04:20):
It's like, no, no, But he didn't sound like he knew.

Speaker 12 (01:04:23):
Extrawt.

Speaker 2 (01:04:23):
The thing like practice, practice go is they're a cue.
No no, no. What you'd say is no, not at all,
it's not happening. Yeah, are you? Are you the architect.

Speaker 19 (01:04:35):
When you say he knew? Did Sam warn him? Oh?

Speaker 2 (01:04:38):
Yeah, no, he said on airing you you said I
knew you ask me about this? Warm yourself up, mate, jeez.

Speaker 21 (01:04:48):
So so we actually went to the Weber Brother's circus yesterday.
I think they should rename themselves at National Party because
they get a bit more cut through.

Speaker 2 (01:04:56):
Did you that Webber Brother's circus? And they still got
the Bendie people.

Speaker 21 (01:05:02):
The thing that struck the bendi people were, oh, the
one that can sort of hop around with the person.

Speaker 2 (01:05:09):
Who bends them over backwards and rolls around.

Speaker 21 (01:05:11):
Oh my goodness, Yeah, yeah, yeah, no, it was. It
was It was like watching watching someone turn themselves into
a spider and then they do and sort of walk
around with their feet in front of their face and
then they do the the that actually, do you sound
like Christmas or twinging?

Speaker 2 (01:05:28):
When was the last time we went to the circus?
Apart from our relationship, Katie? Was the wind because you're
in the circus, you are the circus.

Speaker 9 (01:05:35):
Every day is a circus. Not my circus, but my monkeys.
When the kids were a little and we did a
lot of circus with the kids.

Speaker 2 (01:05:41):
Yeah, we did, didn't We loved it. And it doesn't
feel tim like the nineteen nineties when you go to
the circus, you know, when you look out at the
back of the tent and there's a few people with
no teeth.

Speaker 21 (01:05:52):
There is there is sort of a circus crowd, definitely there.
Yeah yeah, yeah, so so that but that's that's that's
part of the experience.

Speaker 2 (01:06:00):
But what do they changed to remember Katie, when we
had all five at home so that the troop of
seven would rock up and what was it like nine
thousand dollars for candy floss? You know, it was like
the biggest scam in the world, wasn't it?

Speaker 13 (01:06:12):
Yeah?

Speaker 21 (01:06:12):
It was expensive, but they loved it, do they?

Speaker 2 (01:06:17):
It's trying to create memories. Now there we go.

Speaker 21 (01:06:21):
We'll send them the invoice. Do you remember when we
went to a circus? Okay, pay up, pay the dough. Actually,
this is quite good. This is a good business. This
is a good whiteboard session.

Speaker 2 (01:06:30):
Exactly, pretty freak morning. Sorry, sorry Katie? Is this good?
Is this a pre ad or post ad?

Speaker 19 (01:06:35):
No?

Speaker 9 (01:06:36):
No, no, Just just to finish this little segment, I wanted
to say. I think who this morning has been good
for is Christopher Luxen.

Speaker 2 (01:06:43):
Yeah? Can I say that I've got some Apparently that
interviews exploded within the National Party this morning, and I
might have been receiving a little bit of feedback that
suggested that that interview might have lanced the whole boil,
and the whole thing will now go away as a
result of it.

Speaker 16 (01:06:59):
Well, be surprised.

Speaker 19 (01:07:00):
I wouldn't be surprised, because he said he no longer
looks like your man.

Speaker 2 (01:07:03):
Does he? He certainly doesn't. Fourteen past eight.

Speaker 1 (01:07:08):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio, car
it By News Talks.

Speaker 2 (01:07:14):
It Be News Talks. A sixteen past eight The.

Speaker 1 (01:07:17):
Weekend Review with two degrees bringing smart business solutions to
the table.

Speaker 2 (01:07:23):
Message, Katie, what are you doing tomorrow about lunchtime?

Speaker 19 (01:07:27):
I'm well, what's the offer?

Speaker 20 (01:07:29):
Hunt?

Speaker 2 (01:07:29):
Well, Jason the boss. It's his wife's birthday and he
needs a babysitter. It seems it seems incomprehensible that his
wife has been trending towards forty for many years, and
it seems incomprehensible that he's failed to get a babysitter
on the day. But anyway, say it's getting a bit
desperate and he's just wondering if you.

Speaker 21 (01:07:50):
Well, why don't you tube, why don't YouTube drop round?

Speaker 13 (01:07:53):
You?

Speaker 20 (01:07:53):
Could?

Speaker 19 (01:07:53):
We definitely have them because he has offered to have
our dog while we're away, because I am struggling.

Speaker 20 (01:07:58):
Oh fears fair feast, fair.

Speaker 19 (01:08:00):
Sitting his shoes and it's for dogs, and so we
should have his children, he should have our dog. Perhaps
we should all just move them together like commune vice.

Speaker 2 (01:08:08):
Actually it wouldn't better. I quite like to live with Jason.
Can I just say this off air? He was he
was offering, So just to bring you up to speed,
tom we're going away and we need a dog sitter.
And our dogs are cootcase and we're really pathetic owners.

Speaker 21 (01:08:23):
Anyway, point because you're bad, bad dog parents.

Speaker 2 (01:08:26):
Happened absolutely shocking. Dog has pumpkin for lunch. Does that
give you a clue?

Speaker 19 (01:08:31):
Homemade?

Speaker 9 (01:08:32):
But I'll look, I'm offering a really good package for
the dog sitter, and there is a gap in the
market for premium, high end and home luxury dog sitting.
I'll pay top dollar, all meals will be pre prepped.
I'm offering filled fridge plus paid cash. It's a good offer.

Speaker 21 (01:08:50):
We've got the Wilson's have got four dogs already, one
more can't hurt.

Speaker 2 (01:08:53):
We'll do that's that's your problem. That's your problem.

Speaker 19 (01:08:56):
I need people to move in though I need you need.

Speaker 2 (01:08:58):
People to move And here's the other problem with dogs.

Speaker 19 (01:09:00):
That is exclusively for Lulu.

Speaker 2 (01:09:02):
No other job. See this is it so she needs
to live at home and she doesn't need to interact
with other dogs. And most dogs that as do other dogs.
They do like half a dozen dogs at a time,
and they think it's all going to work out anyway,
off the adjacent said, first thing he was offering Lewis
was a steak, and I said, that's the problem. That's
what I'm saying. He hasn't got a clue. He's just

(01:09:24):
a crazy man. He goes, she's not.

Speaker 19 (01:09:26):
Allowed to other scraps of human food.

Speaker 2 (01:09:27):
Unfortunately, that's what I said.

Speaker 25 (01:09:28):
This is the problem.

Speaker 2 (01:09:29):
It's exactly what It's exactly what I said. It sounds
like you're raising a monster.

Speaker 26 (01:09:34):
Like looking at.

Speaker 9 (01:09:34):
Mike staying home from the trip so that he can
look after the dogs.

Speaker 19 (01:09:38):
That's honestly where we got to. He was like, I
think I'll just have to stay and I I think
so too.

Speaker 2 (01:09:42):
The words when I came home the other day, Tim word,
this is a massive black cloud over my head. That's
where this is a massive black cloud over my head,
and sleep over it, and there's a peacemaker. I go,
don't worry about it. I'll stay at home.

Speaker 3 (01:09:55):
Darling.

Speaker 2 (01:09:55):
You go to Europe, you have a good time in Europe,
and I'll just stay at with a dog, no problem.

Speaker 19 (01:10:02):
Unfortunately, then my daughter said, oh, but he's the fun parent.

Speaker 2 (01:10:09):
I want him to come exactly.

Speaker 9 (01:10:11):
She just saw shopping was going out the door and
a big didn't switch off.

Speaker 2 (01:10:18):
Mike, Kate and to leave Chris Bishop alone. Your used
are not the same as mine. Could you three run
the country any better? Of course not. Do you know
what I reckon I would run the country better. I'd
back myself. What about Yeah, what about you timmy yourself?
I reckon I could run the country better. I don't think. Okay,
you're a loser. So Katie and I could run the country. Yeah, exactly.

Speaker 21 (01:10:43):
I'm not going into a party with two people who
can't even raise a dog to be a reasonable creature,
and they expect to run the country. You can't even
run a pooch and you want to get out of town.

Speaker 2 (01:10:53):
Actually, that's that's the point what I would roughly call
into amountable evidence. Actually I withdraw, I with and apologize.
You have a lovely weekend. Are you actually going to
the cars? Tell me? Are you going to Ruapoona?

Speaker 1 (01:11:05):
Absolutely?

Speaker 2 (01:11:05):
After? Have you ever been to one a motorsport park
and two rupooner in your entire life?

Speaker 1 (01:11:12):
Well?

Speaker 2 (01:11:12):
Why can ick a park?

Speaker 11 (01:11:13):
Thank you?

Speaker 1 (01:11:14):
That's not much.

Speaker 2 (01:11:14):
It's not the same thing burning in the dark.

Speaker 1 (01:11:16):
That's the most small park.

Speaker 2 (01:11:17):
Couple a couple of midgetes on dirt. Isn't motor racing
for goodness sake, I'm talking tas seal and v eights. Mate,
that's what. Well, listen, you have the very best of time.

Speaker 1 (01:11:26):
Can't wait?

Speaker 25 (01:11:27):
All right? Mate?

Speaker 2 (01:11:28):
Go well and Katie, shall I say yes to Jason
for the kids?

Speaker 3 (01:11:33):
Do it? Do do?

Speaker 19 (01:11:35):
Let's take Jason's kids.

Speaker 1 (01:11:37):
Okay A twenty one ok the Mike Honking Breakfast with
range of a sport SV News, Toms tend.

Speaker 2 (01:11:44):
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You can choose fast delivery for the same day. Delibery
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It's your home of beauty. Chemist Warehouse tasking one of
the best Friday mornings ever. Mike, if I didn't have
three children in a job, I'd moved to Auckland to
be your dog. Sit well, you know used to me.
You've got children, you've got a job, you don't even
live in Aucklands, and you couldn't be most inappropriate candidate
I've ever seen.

Speaker 3 (01:12:50):
Mike.

Speaker 2 (01:12:51):
Bishop is a hard working public servant, however does not
have the leadership skills and this presentation as average. It's
the old story. You can take the blokeout of Wainui
are Marta. However you can't get the way new we
out of the bloke. The and a rolling stone gathers
no moss and a stitch in time saves time. But
here's the main reason that Bishop cannot be the leader
of the National Because you're right, Bishop is one of
the most effective ministers. This is the unfortunate aspect of

(01:13:12):
what's going on. Bishop is a rock star minister. I
don't think anyone would mark him down on that. He's
a doer and he's an achiever. Problem is, in Auckland
he's completely unelectable. And i'll tell you why. One he
looks at shambles and no one's electing a shambles. Visually.
Don't laugh at me. People made a thing about luxe
and being bulled. You know, people are superficial. The guy's

(01:13:33):
a mess. He's a bit fat, and he doesn't brush
his hair. Call me superficial, but that counts more importantly.
He's bug at Auckland housing. No one in Auckland is
voting for Chris two million houses, Bishop, Chris from the hut?
Can you build two million houses? Bishop? Forget it? And
he's got a report that's yet to come out. I've

(01:13:54):
already prefaced this. He's got a report yet to come
out that on these view shafts in Auckland. Views shafts
are a thing and it's a view to ring a
toto and all the various hills and mountains and mong
in Auckland. And so they're a thing and you can't
just go around building tall buildings in front of them.
So he's got a report that says there's four billion
dollars worth of lack of economic activity. So Bush from

(01:14:16):
the Hut is going to come out with this report
and saying, I tell you what, we just build a
whole lot of really tall buildings in Auckland. We'd get
on with it. And he's got no idea because he's
not from Auckland. Just how badly that's going to go down. See,
he doesn't get Auckland, and if you don't get Auckland,
you don't win the election. And the National Party wins
Auckland therefore wins the election. So that's another reason. By

(01:14:38):
the time I've ruined his career this morning, just so,
I mean, I hope you're happy with yourself. By the
time I'm finished with this Bishop guy, you'll never hear
from him again. Murray who could probably run the National
Party if you want, because he's a to blow Murray
Olds as with us out of Australia. Next here a
news talk Z but.

Speaker 1 (01:15:00):
Opinion edit informed, unapologetic, the mic asking breakfast with Bailey's
real estate altogether better across residential, commercial and rural news
dogs had been there.

Speaker 2 (01:15:11):
Nice of you to text all the people offering to
look her after our dog and move into our house
and all of that sort of thing. So I'm taking
the details down and I'm passing them on to the administrator,
who will potentially be in touch with you. Mike. Who
are these people in the National Party who were thinking
this change of leader at a time like this was
a good idea. Maybe the same clowns who thought housting
the effect of Simon Bridges was winning move. I don't

(01:15:32):
know whether Simon Bridges was effective, but your point, Grant
is an excellent one. And one of the things I
think that will be hurting lux In the most is
a lot of people and rightly gave him credit for
closing the National Party down in terms of leks. When
he took over, they were a basket case and they
were backstabbing and bitching and whining and wringing the media
every thirty seconds. He closed all that down and that

(01:15:54):
was impressive. And so I think he'll be pained personally
to see the level of self interest coming back to
the service because despite the fact, you know, I would
defend Luxon and the whole thing stupid and they shouldn't
be doing it and it's not going to happen. This
is not deny to deny. There is angst within the
National Party. There's no question there are some anks within
the National Party because some of the some of the

(01:16:14):
minor players face losing their job. But as I tried
to point out the other day, when you come in big,
which they did in twenty twenty because everyone hated Labor
so much, when you win big, you will lose to
a degree next time round. That's the nature of politics.
You can't repeat the performance. It's very rare. I think
the last time that I can remember off the top
of my head where a party came in and did

(01:16:36):
better the next time round was Labour in eighty seven.
So Labor rolled into town off the back of Muldoon
in eighty seven. They actually increase their majority because Roger
Douglass and David Longey were on a roll before Longie
lost his balls and spine and all the other things.
Wanted a cup a sea anyway, the point being, if
you come in big, you're not going to do the
same thing next time round. Someone's going to lose. That's

(01:16:56):
just life. And if you can't deal with that. Don't
get into the kitchen in the first place. Twenty one to.

Speaker 22 (01:17:00):
Nine International correspondence with Ends and Eye Insurance Peace of
Mind for New Zealand Business, Muriel.

Speaker 3 (01:17:06):
How are you morning, Mike yet? Pretty good busy week
over here.

Speaker 2 (01:17:09):
Have they put the fire out?

Speaker 14 (01:17:10):
Ye?

Speaker 3 (01:17:11):
Yes, the fire took thirteen hours to put out. I mean,
as Chris bow And the Energy Minister quoted yesterday he said,
not good timing or no kidding minister, They're not sure.
Is it a mechanical failure. It's a very complex process.
I knew. I've found out more about petrol refining in
the last twenty four hours and I've ever known in

(01:17:32):
my life. But it's extremely complicated. You've got all these
different volatile fluids coming together. Is it a mechanical failure
or delayed maintenance? As I say, thirteen hours? Luckily no
one was hurt. There were dozens and dozens of people
on nightship when that blew up. Half of Victoria's petrol
supplies gone ten percent of the national supply. And what

(01:17:54):
it does, of course, I mean Anthony Alberaneasy hurrying home
from Asia where he has been begging for fuel supplies
from from Singapore, Brunei, Malaysia hasn't gone to career yet
that that might be on the cards. You know. It
just underlines, doesn't it, the very perilous nature of Australia's
fuel supplies. We have very limited refining capacity here. I

(01:18:14):
did slap the Liberal government last week on this program
and it was unfair because it wasn't that Angus Taylor
who was then Energy Minister. He didn't close them down.
They simply left Australia because it was cheaper the scale
and the economy, like some of the other things, like
it's cheaper to make it in Asia.

Speaker 2 (01:18:32):
It's a very good point and the same some work
was done here and we've had the same Anst decision
about Ansty decision around refining our own stuff. But at
the end of the day, the model works. You buy
the finished product from an Asian nation. It's the cheapest
way of doing business. Unfortunately, war's got in the way
of that. Males is interesting. Miles popped up to that
imfing in Washington. He was only there for a couple

(01:18:54):
of hours. Our minister's up there as well. Somewhere in
there is was it Marsa was doing defense or not.

Speaker 3 (01:19:00):
He's the deputy Prime Minister and he is the defense.

Speaker 2 (01:19:03):
Yeah, exactly. So he's up there and he comes back
with this, you know, this amount of money. But the
suggestion that I was reading was he's fudging numbers. In
other words, that you can get to what he comes to,
but he's playing all over the place with numbers.

Speaker 3 (01:19:15):
Look, Washington says, we want three and a half percent
of GDP spent on defense. You have to do something
to look after yourselves. Well, Males says, Look, under our
big spending plan, it's over fifty billion dollars over the
next ten years. We're going to be just on three percent.
Yes it's not three and a half, but it's going
to be three percent. So we're on the way. But
if you look at the way it's being counted, as

(01:19:37):
you point out, the Australian government now is adopting the
NATO model, not the American model. And the NATO model
includes expenditure on veterans, compensation, military pensions, housing for defense
force personnel, Border forces also in there, and you get
you know, some military spies. They're also included in the

(01:19:57):
defense spend. And was he was talking about as you
and I both know, sharp ended stuff like drones and
better missile capacity, and that's where Australia is going to
be headed over the next decade, no doubt about it.
But the critics over here are saying, you are kidding.
How can you have a retired brigadier general's pension being
included in the defense speed Boddy's silly.

Speaker 2 (01:20:19):
Exactly, those job numbers you got yesterday thirty four thousand
and fall in part timers, but you got fifty two
thousand more full time jobs, so net you're gaining, you're winning.
It's still working for you.

Speaker 3 (01:20:32):
Yeah. But here's the thing, and that was my initial
take on that headline figure. But the economists, who are
much smarter than me you have pointed out that snapshot
was taken long before the full impact and we haven't
even seen the full impact yet happy of the Middle
Eastern War, the war in Iran, and I supposed in

(01:20:53):
terms of Israel's attack on Lebanon. The economists are saying,
we haven't yet factored in to that unemployment figure the
full impact of what's happening up up in the Gulf,
and the economists are predicting that figure is actually well
below what it's going to get to as the full

(01:21:14):
impact of this energy crisis, you know, bites through the economy,
no doubt about it.

Speaker 2 (01:21:18):
Explain to me though, So the one I always follow
is that what they call the participation rate. And so
in difficult times you get a lower participation rate because
people give up on looking for a job. But in
this how can you have more jobs, which you do,
but a lower participation rate. There must be some laggards
there who just don't want to work.

Speaker 3 (01:21:38):
Well, that's true that you'll always have that in every
single economy around the world. But the participation rate measures
people who are actively looking for work, and so if
they have found a job, they are no longer participating.
It's not the participation rate. What that measures is people scouring,
you know, jobs wanted advertisements across the internet. These days,

(01:21:58):
there's no I mean no jobs any more in the
back of newspapers.

Speaker 2 (01:22:01):
Remember those days, Yeah, I remember.

Speaker 3 (01:22:03):
So you know it looks extremely complicated. You're asking a
dummy here that.

Speaker 2 (01:22:10):
Don't talk get better, don't talk yourself down. Have you
been to the Intercontinental Coochie Beach? Is that a good
looking hotel?

Speaker 3 (01:22:18):
I went there about thirty years ago and got hammered
one night, I think I went to see Midnight Oil okay,
and that was a fantastic night out. I'm not sure
I'd be going there this weekend because you're going to
have the Duchess of York, the Duchess of Sussex. She's
going to be there. Where's the quote here? She's going

(01:22:40):
to an event that's been branded quote a Girl's Weekend
like no Other unquote involves a gala dinner, yoga, meditation,
and something called sound healing quote unquote.

Speaker 2 (01:22:51):
I reckon that could be no sounding No, no, no,
it's it's what you do as you pump my show
and you go into a quiet room.

Speaker 14 (01:22:57):
And I'm thinking, yeah, I guess what Australians thirty two
hundred to go and you know, take part in this
A Girl's we get like no either with a hosting
sound track sounds sounds good?

Speaker 2 (01:23:08):
You didn't You don't mention the disco at the end.
Do you realize a disco at the end?

Speaker 3 (01:23:13):
No, I'm as stand on that.

Speaker 2 (01:23:15):
Tickets thirty two hundred bucks. You go, well, mate, we'll
catch up next Friday. Or was a pleasure and a treasure?
Mury olds Meghan. By the way, I've changed my mind
on not completely but partially, because there's a label called
Friends with Frank. And if you followed the tour yesterday,
she turned up in what I would loosely call a
coat a raincoat. It's not a raincoat, it's a coat,

(01:23:38):
an overcoat. Whatever she turns up on that, that's a
Friends with Frank. Her people DM everybody, So they DM
all these designers, small designers, niche designers, HEG designers, and
they say, look, Megan's coming to town. Flick us a
few of your things and we'll whack them on her.
And you know, you never know. So this woman, the
article I was reading yesterday, who owns Friends with Frank,

(01:24:00):
she could not be more delighted. So we all sit
there sneering, looking down our noses at Harry and Meaghan,
and they're all grifters and they get freeb's and stuff
and all that's true. But at the end of the day,
this woman who runs Friends with Frank is going to
do materially well out of a small struggling business in
terms of fashion, and she could not be more grateful.
So if she's happy, then I'm happy for her. So

(01:24:21):
you can't be mean about them anymore. Fourteen two, the.

Speaker 1 (01:24:25):
Mike Asking Breakfast Full Show podcast on iHeartRadio, Howard By
News Talk said, b.

Speaker 2 (01:24:32):
I've been trying to get to this all morning, but
all this other stuff has happened. Anyway, This is important
because it could be on a precipice. Starmer could be
about to quit. I don't think he wants to quit.
But here's the thing. This goes back to Mandelssohn. It's
been an abeyance basically since the war came along and
everyone forgot about it. But Mandelssohn's basically is a liar.
Now the problem is that Starmer's linked to Mandelssohn. Starmer said,

(01:24:54):
Mandelssoh should be your ambassador in Washington. Everyone went to
Starmer and said, mate, the guy dodgyes. He goes, no, no,
he's my friend. Then they do and do the standard
security chick news. This warning is that he failed the
security chick and yet Starmer still appointed him. So did
he lie? Did he mislead? The house? Bed knock is

(01:25:17):
all over it?

Speaker 28 (01:25:18):
Their three serious concerns here. The first one is that
on the tenth of September, the Prime Minister misled Parliament
by saying the full due process was followed. If Mandalson
failed the security vetting, full due process was not followed.
Misleading parliament is a resigning offense. On the fifth of February,
at a press conference in Hastings, the Prime Minister said

(01:25:39):
that Peter Mandelson cleared the vetting process. This is not true.
That means he broke the ministerial code by saying something
deliberately untrue. He mist led the country. And the third
thing is that it looks like there's been a cover
up on each of these three things. We have a
resigning offense for the Prime Minister.

Speaker 2 (01:25:57):
I think she's got him. Did to write that's not
going to stop and trying to squirm and worm his
way out of it. But watch this space, Mike tell Kate.
We'll bring our motor home up from Wellington. I'm sixty.
We'll sleep in it and our dog and mum eighty
will be inside. Couldn't get a better person than the
house and the garden with your dog. I'm just not

(01:26:19):
sure we need a motor home. I have to check
with the Navy.

Speaker 17 (01:26:23):
You had a big enough turning circle for a motor
home to get in.

Speaker 2 (01:26:25):
And out of that. That's the other very good point.
I think the entrance driveway area says maximum two tons,
and I think that's probably going to exceed the two
ton part of it. But all options open at this
late stage of desperation. Nine away from nine stop.

Speaker 1 (01:26:38):
My costing breakfast with Bailey's real estate used dog ZB.

Speaker 2 (01:26:42):
Some vehicles get noticed, of course, Others make the statement
before you even step out of them. The rain drover
sport his v most powerful rain drover sport ever create
a beautiful looking thing to six hundred and thirty five
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absolute control, and wavering confidence. Every surface feels real sharp

(01:27:04):
in the corners, more composed at speed, focused and are
really focused. In fact, when that road opens up in
front of you, basically you hit the SV button a
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It's amazing anyway, Just as quickly if you flick the
SV button again, it returns to what it unmistakably is.
A rain drover supreme refinement and luxury. So whether you're

(01:27:26):
arriving in the city heading out for the weekend, it
does both with absolute ease. It is the rain Drovers
Sport SV. It is performance that makes a statement. It
is available at your nearest rain Drover dealer this weekend.
Tasking My holiday's probably off anyway, because I note this
morning a moment ago, KLM's canceled dozens of flights one
hundred and sixty flights during the holiday period, sawing fuel prices.

(01:27:47):
One hundred and sixty flights are gone, so entirely possible
we'll get a dog that will turn up at the
airport and the plane won't be there five minutes away
from nine.

Speaker 15 (01:27:54):
Trending down with Chemist Wells book in your flu Vaccination today.

Speaker 2 (01:28:00):
It's been at the Pentagon with the service. He's a
religious bloke anyway. He's quoting a verse from the Book
of Ezekiel.

Speaker 5 (01:28:06):
Ezekiel twenty five seventeen. So the prayer is Ceesar twenty
five seventeen, and it reads, and pray with me please.
The path of the downed aviator is beset on all
sides by the iniquities of the selfish and the tyranny
of evil men. Blessed is he who, in the name
of camaraderie and duty, shepherd the loss through the valley

(01:28:27):
of darkness?

Speaker 2 (01:28:29):
Is that Ezekiel? Or is it Tarantino.

Speaker 1 (01:28:33):
Ezekiel twenty five seventeen?

Speaker 5 (01:28:36):
The path path of the down Aviator, and is beset
on all sides by the iniquities of the selfish and
the tyranny of evil men.

Speaker 1 (01:28:46):
Blessed is he who is, in.

Speaker 5 (01:28:47):
The name of camaraderie, name of shepherd the loss through
the valley of darkness.

Speaker 1 (01:28:51):
Shepherds the weak through the valley of darkness.

Speaker 16 (01:28:54):
Oh, he is truly his brother's keeper.

Speaker 2 (01:28:57):
And you will know my col sign.

Speaker 13 (01:28:59):
They seemed you want why don't leave my venture exon.

Speaker 2 (01:29:08):
So in the movie, of course it was all well,
it wasn't made up, but it was embellished. Now are
cars and the warriors, warriors tomorrow night, Titans Crusaders Ronan,
Can you believe the Crusader's on at midnight in Western Australia.
I mean, what's the point for God? What I mean,
for goodness sake? Anyway, So we got the warriors, we

(01:29:30):
got the supercars. I mean, I don't know if bishops
picked themselves up off before we might have a coup.
Who would know, Jackie the bitch of lux and thought
people are coming in Monday, but I am, so that's
the main thing. So we'll see you then. Happy days.

Speaker 1 (01:29:46):
For more from the Mike Asking Breakfast, listen live to
news talks it'd be from six am weekdays, or follow
the podcast on iHeartRadio.

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