Full Show Podcast: 18 October 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Demanding the answers from the decision makers. The mic Hosking
Breakfast with a Vita, Retirement Communities, Life Your Way News
Tog said Been Bollingham.

Speaker 2 (00:10):
Welcome today Tana's gone at last, new report into the
medicinal cannabis market. Auglandeft Sea kickoff this weekend. We've got
some good New Zealand wine news to share with you.
Tim and Katie to do the week of course, Richard
Arnold and America Mary Olds fars up being odds posky.
So we're underway for a Friday at seven past six
a lesson for life for you. Beware the opportunist. And
this case I refer to Christopher Hipkins, leader of the

(00:33):
Labor Party. Now apparently keen speculator and sports fan. He's
telling us this week it is time to get the
America's Cup back to New Zealand. Now why would he
be saying that? Do you think could it be? As
we watch the action in Spain, we can mount an
argument it really should be back here like the good
old days. The good old days, remember those days? And
this is where Christopher hopes you've got memory loss the

(00:54):
reason the America's Cup left New Zealand is because the
dealings with the government. And what government was that, Christopher,
That's right, it was your government. The dealings with the
government fell over. Now this is not to say dealings
with other governments have not been previously fraught, because they have.
But the last time the cup was here and about
to move offshore, the government had offered Team New Zealand
ninety nine million dollars. They had rejected that. Now, part

(01:15):
of the reason for the rejection was that it was
allegedly mostly in kind a have some freebie sort of
deal from central and local government. Actual cash came to
about thirty million bucks, not enough for Team New Zealand.
It was suggested at the time that they were wanting
two hundred million, but would have could have taken one
fifty one sixty anyway. Upshot was it wasn't enough. Now
you can go down a million paths. Did Labor do enough?

(01:37):
Stuart Nashy was their point man, said yes, it was
in good faith. It just didn't work out. So what
is it Hipkins is thinking he can do this time round?
Has he got the two hundred million or most likely
more needed? Now where's that coming from? Does he think
he's competing successfully with Spain for the next round, or
quite possibly Saudi Arabia or dire I suggest is he
a small town opportunist who wants easier to teat to

(02:00):
look like a good guy at a time when the
sport is back in the news. Is he all mouth,
no trousers? How much do you want to bit? If pushed?
He has given it not one second more thought than
the bubble, the attered that lead to the headline.

Speaker 3 (02:15):
Wow, news of the world in ninety seconds.

Speaker 2 (02:19):
So Hamas not having a good day. The Israelis have
got Sinhwa.

Speaker 4 (02:21):
Sinwa has been the number one hunted man in Gaza
ever since October the seventh happened, and so from Israel's perspective,
this is a huge development, a huge achievement, even though
reports seem to indicate this almost happened by accident.

Speaker 2 (02:36):
He's only been in the job for about three and
a half minutes, of course, So what's it mean for
the conflict?

Speaker 5 (02:40):
That is a major blow to Hamas and I hope
this is going to be translated into the end of
the war in Gaza in the sense that Hamas will
have to evacuate to Gaza and bring back the hostages
to the homes.

Speaker 2 (02:52):
What makes it so it's optimistic, What makes it so
significant is not only had you just got the job,
but these guys, of course normally are feeling hard to
find David.

Speaker 6 (03:00):
We know where he is, we know what he's doing,
we know he's in these tunnels, but he's surrounded himself
with our hostages. So we're not about to kill ten
fifteen Israeli hostages to get yah Yah Sinwab to the.

Speaker 2 (03:12):
US race where Karmela showing signs that the campaigns in
real trouble, had to turn up on Fox.

Speaker 7 (03:16):
Let's be very clear, I'm the only person who's running
for president who has prosecuted transnational criminal organizations from the
Sinaloa cartel to the Guadala horror Quota cartel to people
who have trafficked and guns, drugs, and human beings.

Speaker 8 (03:32):
A lot of feedback on that she does not care
about this issue enough to know how many migrants have
come in, how many terrorists, how many gangs, how many
gardaways are in this country now.

Speaker 2 (03:44):
Depending on where you are on the political radar, Brett
Beer was either a big, rude meani or she was
a train wreck. As for the voters, North Carolina is
now open for business and the records are tumbling and Georgia.
So is that good? As an early voter? So is
that good for trumple Harris?

Speaker 7 (03:57):
There's a strong turnout on both fis.

Speaker 9 (04:00):
We're seeing that in raw areas, urban areas.

Speaker 7 (04:03):
We're seeing that from Democrats, from Republicans, and I'm sure
independents as well. So there is a lot of interest
in this election.

Speaker 2 (04:12):
Finally, have we reached peak non dairy milk? Now we
knew that o'don armand are nutritionally inferior to the real thing,
of course, but we've got a new study this morning
that's got experts worried about the effect on blood sugar
levels as well as the emulsifiers, which some indicate leading
to colon and rectal cancer and young people. As from
the French Nutrition and Cancer Research Network and they say, quote,

(04:33):
it is appropriate to be concerned. Sales for arm and
milk you down eight and a half percent on the
last year. Oak mills down as well, and that is
news of the world. The nutrition in ninety second retail
good in America better than expected. Work you through that
with Andrew shortly. The ECB three point twenty five percent.
Is that good? Probably that's their cash rate. Third twenty
five point cut so far this year. So reserve banks

(04:56):
are on the move as indeed, a we twelve past six.

Speaker 1 (05:00):
The Mic Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks it Be.

Speaker 2 (05:08):
And China once again going to expand what they're calling
the white list of real estate projects, speed up bank
lending for unfinished developments. They're tossing. It's well in excess
of five six hundred billion dollars. They've already tossed in
two hundred and fifty billions, so that's seven hundred fifty
billion dollars. Initiative allows city governments to recommend residential projects
to banks for speedy your lending, so the stimulus continues.

(05:30):
By the way, just a very quick apology again to
the people on the Cavity coast. You've got some sort
of transmission problem this morning. Open recommend iHeart or go
to one of the Wellington frequencies. But we'll get somebody
onto it. Fifteen past six from JMI Wealth Andrew Kelliher
Good morning, Yeah morning, Mike. How I mean you can
see the reserve bank problems County give everyone's going cut
cut cut and they may get job numbers like that.

Speaker 10 (05:53):
This is across over in the across in Australia. Yeah,
their labor market in the spotlight yesterday. I think this
is relevant to New Zealand and I'll come back to
that yet. One of our key data points coming up
here is our labor market data which is due out
on November the sixth, so just over two weeks. Where
isn't it that's corded data series. I think that will

(06:13):
have an important bearing on the RBNS. That's thinking ahead
of the next cash rate review MPs on the twenty
seventh of November. Now, our friends across the Tasman get
monthly labor market data, and the labor market is posting
some pretty robust numbers MIKE.

Speaker 11 (06:30):
Employment in September in.

Speaker 10 (06:33):
Australia grew by just over sixty four thousand people, and
that follows a gain of about forty three thousand people
in August, their unemployment rate staying sort of rock steady
at four point one percent. Now, both of those outcomes,
the rate and the number of people.

Speaker 11 (06:49):
Employed, were much stronger than expected.

Speaker 10 (06:52):
I think expectations for the number of people the employment
change was twenty five thousand.

Speaker 11 (06:57):
It came at sixty four.

Speaker 10 (06:59):
The unemployment it was expected to lift a four point
two percent state at four point one. Labor force participation
had a record high sixty seven point two. Those gains
and jobs are mostly full time jobs as well, so
that's a better mix. So a robust labor market over
there tends to argue that there isn't any urgent need
for interstrate relief and start contrast to these strident calls

(07:21):
here we have to get our ocl lower. Now we're
at four point seventy five, so we're sort of saying,
should it go to four and a quarter four? Ossie's
at four point three five, And of course they never
reached the highs that we did, but I think about
the impact on the migration figures that they might, because yeah,
if you get that perception of a stronger employment market
in Australia, if that stays prevalent, just going to keep

(07:43):
the pressure on the flow of people over there is
you know, maybe that's two, maybe that's maybe I'm being
too pessimistic there, but you know, you're seeing this permanent
long term migration trend changing. You know, there's we've got
more same number of people leaving fewer people coming in.
I just don't think this order scenario helps.

Speaker 2 (08:02):
It's a bad vibe. Couldn't agree more. America Morgan Stanley
Banking looks good. Airlines look good, or some airlines look good.

Speaker 10 (08:08):
Yeah, so this is the earning season. I'll just do
a very sort of quick recap of it. Their earning
seed is always important. It's a key input into share
market directions. So little tutorial for this morning. I've said
it many times, Mike. Share markets tend to follow where
earnings go. If earnings are strong, it tends to be
supportive of share markets.

Speaker 11 (08:27):
US share markets.

Speaker 10 (08:28):
Are at all time high. So you need that optimism
to be supported by facts, you know, real stuff, which
is earnings. Yeah, quick skip through Morgan Stanley, Big bank
beat estimates to their share price up and that's not.

Speaker 11 (08:39):
Up, it's surging. It's surging. It's going up very strongly.

Speaker 10 (08:42):
United Airlines very positive reaction there to their profit result,
improved outlooks. The key issue there. In August that share
price was below forty bucks. It's now just under seventy four.
Forty to seventy four. We've got Netflix tonight. We're waiting
for that going the other way. Luxury goods business LMVH,
it's been matted lower, big drop in sales of luxury

(09:02):
goods and China slump and demand there.

Speaker 11 (09:04):
Poor old Bernard R. Nou eighty months.

Speaker 10 (09:08):
He was the world's wealthiest person, Mike, his network has
taken a prodigious hit. He's down thirty seven billion US dollars,
which is you can't even get your head around those numbers.
Can you key one?

Speaker 12 (09:19):
Here?

Speaker 10 (09:19):
In the chip industry ASML they make chips Semiconducts is
very negative. Share price reaction after their results announcement starts
people thinking about in video. It's just been a key
reason why US sharemaker has gone higher. But then Taiwan
semi conductor Manufacturing Company TSMC, they posted strong quarterly results.
So we now have to see which one of those

(09:40):
is going to sort of preface the Nvidia result.

Speaker 11 (09:44):
Now we've had big data drop overnight in the US.

Speaker 10 (09:46):
My retail sales, I think you mentioned this good strong
strong retail sales print X Actually the x IF I
look at X auto and gas. They thought that would
come in ato point three for the month, came at
point seven, So strong detail sales. Their jobless claims were
lower than expected. Remember we had that, you know, the
non fund strong, non fund payal sprint, jobless claim strong.

(10:08):
This is all supportive of the soft landing scenario. US
centristraates have taken a bit of a push, but we
keep seeing that maybe the strong the soft landing is
where they end up.

Speaker 2 (10:17):
Yeah, exactly andreal. What are the numbers?

Speaker 10 (10:20):
Well, ECB Squickly have night cut the interest rates over
there INCV to three and quarter percent, inflation under control. Right,
the Dow Jones is up one hundred and ninety four points,
so it just keeps pushing higher. Forty three thousand, two
hundred and seventy five, just under half a percent gain there,
the S and P five hundred zero point four percent
five eight six five, and the nasdak as I look.

Speaker 11 (10:41):
At it is up over half a percent.

Speaker 10 (10:42):
It's up one hundred and three points eighteen thousand, four
hundred and seventy forts you one hundred gained two thirds
of percent overnight, closing at eighty three eight five. The
Nicke up point sixty nine percent, thirty eight thousand, nine
hundred and eleven. Shangho COM's it's still volatile over there,
lost just over a percent three one sixty nine the
OSSI's they liked that labor market result. They were up

(11:04):
point eight six percent yesterday eight three five five the
closing the A six two hundred and Inside's fifty regained
some ground. It was up just over one percent, closing
at twelve thousand, seven hundred and sixty eight. Kiwi dollar
against the US virtually unchanged from yesterday point six sixty
one point nine oh four six against the ossie U
point five five nine eight Euro point four six five

(11:26):
eight against the pound ninety one point oh five Japanese
yen gold continues to just nudge up two thousand, six
hundred and ninety one US dollars and break crwed seventy
four dollars and one cent.

Speaker 2 (11:37):
And you have a most excellent weekend. Andrew kelliher Jmiwealth
dot co dot m z OSC Costco. You know how
they had the gold bars, that's yesterday's news. Costco have
now added platinum bars. So now that you bought your
gold bar, you can now buy platinum bars. And they
are going like there is no tomorrow, and platinum, like
gold is on the up and up. Six twenty one

(11:58):
who had used talk zbi.

Speaker 1 (12:03):
The vice asking Breakfast Full Show podcast on iHeartRadio now
it by News Talks.

Speaker 2 (12:09):
It'd be ill come back to more of the detail
later on the program, but to Infometrics. I was just
thinking about Andrew and has comment about immigration, and this
is the great worry, as I mentioned on the program
earlier on, is the number of young people, bright young
people who are leaving the country. They've always done it, obviously,
and generally they come back, but they're doing it in
record numbers and continue to do it in record numbers.
And the Infometrics people have got a forecast with the economy.

(12:30):
I'll come to the specific numbers around the economy itself,
but they're thinking that annual net migration, and this is
the worry. Annual net migration would drop to about sixteen thousand,
which is nothing, by the end of next year and
two negative. In other words, there are more people leaving
than there are arriving, and that's going to happen in
twenty six and twenty seven. So their suggestion is this

(12:52):
trend was seeing that Australia's the Golden Land is not
ending anytime soon. And if you're not worried about that,
you should be six twenty.

Speaker 3 (12:58):
Five trending now Warehouse, the Real House of Fragrances.

Speaker 2 (13:03):
Now let's go sci fi Lesteres from Netflix's Electric State.
What we've got is a girl looking for a brother
in a world where sentient robots live in exile after
a fight uprising.

Speaker 11 (13:15):
You're sure you want to do this.

Speaker 13 (13:18):
Right now? All of us have something in common. We
all lost something after the rebellion. Robots lost their freedom,
humans lost connection with each other, and I lost everyone I.

Speaker 2 (13:35):
Loved, or so I thought.

Speaker 1 (13:41):
So you want to go get your brother back, I'll
go with you.

Speaker 3 (13:44):
You can't choose the way things are.

Speaker 14 (13:49):
Watch me.

Speaker 15 (13:52):
Get ready you ready for.

Speaker 3 (13:54):
For what now?

Speaker 2 (14:00):
Billy Bobby Brown, Chris Pratt, Anthony Mackie, Brian Cox like
Brian Cox, Woody Harrelson like Willie Harrelson, Gian Carlo Esposito.
I can take or leave them? And Stanley Tucci. Who
doesn't love Stanley Tucci. Stanley Tucci is one of.

Speaker 15 (14:15):
The great So you'll be putting that on your watch list.

Speaker 2 (14:18):
No, but he was on there's a podcast called The
Dish and they talk about food and cooking, and he's
in the food and cooking. It's British. He was a
guest on that relatively recently. That's well worth looking up.

Speaker 15 (14:31):
Have you had a listen to where everyone knows your name?

Speaker 2 (14:34):
What the song?

Speaker 5 (14:35):
No?

Speaker 15 (14:36):
Ted Danson and Woody Harrelson's podcast.

Speaker 2 (14:39):
Is that what they called it?

Speaker 16 (14:40):
Yeah?

Speaker 2 (14:40):
Is that copyright breach?

Speaker 15 (14:42):
Well, given that they were there and we did it,
that's yes, they can get away with it.

Speaker 2 (14:46):
Cannabis. Let's talk about cannabis shortly and then ironically, Chloe
Swarbrick after seven o'clock.

Speaker 1 (14:57):
Your trusted source for news and you the my Hosking
breakfast with the range rovervill are designed to intrigue and
use togs.

Speaker 2 (15:06):
That b Richard Arnold stateside shortly twenty three away from
seven insight into the medicinal cannabis market in this country.
Though first access has increased in prices are falling, they're
finding though many doctors still reluctant to prescribe potentially paid
and THHC products are also a bit of a threat
at the moment as well. So interesting report Massi University
Associate professor and co author Chris Wilkins with us on
this Chris Morning, Good morning. How would you describe the

(15:28):
market in terms of maturity?

Speaker 16 (15:31):
Well, I think we're still in very early days. But
where as you mentioned, there's quite a big increase in
number of prescriptions, the prices have gone down and that
helps for people to trying to afford these types of medicines.
But the market's still evolving. It's very early days.

Speaker 2 (15:50):
And how would you describe the professionalism of the clinicians
and the responsibility they carry and how they're working that out.

Speaker 16 (16:00):
Well, again, you mentioned that a problem has initially was
that gps were not prescribing for a whole lot of reasons.
So what we've had now is the emergence of what
we call cannabis clinics, which focus on medicinal cannabis use.
So the good news about that is that we're now

(16:21):
getting increase in prescriptions and people find access much easier.
But it's fair to say that cannabis clinics are more
private health options and they are more commercial than your
average GP.

Speaker 2 (16:34):
And a private clinic is a one product clinic. Is
that a legit clinic? I mean, what, Yes, prescriptions are
going up, but prescriptions for what.

Speaker 16 (16:43):
Yeah, that's right. So some of the concerns that these
are a one medicine option and that's not generally how
you want your healthcare to go. So you don't want
to go to the health provider and just get one medicine.
You want to have a you know, legitimate diagnosis and
then have lots of different options available. So that's a concern.

(17:06):
But as I said, the plus side is that we're
finally getting the raging working so under through the GPS
that we weren't getting many prescriptions and people were really
high barriers to actually get in the medicine. That was
the intention of the raging.

Speaker 2 (17:22):
So the problem we've got is people weren't being serviced properly,
and in an effort to do it properly, we're kind
of doing it for some, but then inevitably out the
other side we've got the whole hang on. This isn't
quite what we thought it would be. Scenario Yeah, I mean.

Speaker 16 (17:39):
I mean it's the reality of life, really, isn't it.
That you know, we've had an unintended outcome, which is
the cannabis clinics, which was a market reaction to fill
this void and a market solution. So there's some good
things about that, but I guess the thing we need
to keep an eye on is how commercial do you
want these clinics to be, and they are they developing

(18:04):
the regime and the way they want it rather than
that was intended.

Speaker 2 (18:07):
Is there any regulatory oversight in the sense? I mean
you may or may not know, but I know, for example,
the zempic, which isn't available in this country outside of
some fairly rigorous criteria. But if you know the right
people and you don't have to be larger in the
diabetic you can get a zimpic and there are people
who will give it to you for a price. Is
there no one looking at this sort of stuff?

Speaker 16 (18:28):
Well, this is partly why we've got the medicinal cannabis regime,
is we want to transition people away from illegal options
or gray market options. So another positive of the regime
is that now it's working moderately well as all the
people that are now getting their cannabis from GPS or
from cannabis clinics aren't going to the black market, and

(18:50):
so to me, that is also a pretty substantial plus.
So they're getting a regulated product, a safer product, and
also we're shrinking the black market.

Speaker 2 (18:59):
All right. Chris appreciate the insight very much. Chris wilkinses
the Metal University Associate Professor is twenty minutes away from
seven pass game. Is ya who addressing the people of Gaza.

Speaker 17 (19:10):
Really destroyed your lives. And I'm telling you in the Gaza,
but he was hiding in a little dak game and
he was killed when he was running away from our soldiers.
This is the end of the evil rule of a mask.
And I'm telling you in a clear cut manner, a
mass will no longer rule Gaza. Stress, this is the

(19:34):
day after that. Now it is your opportunity to be
freed of his tyranny.

Speaker 2 (19:41):
That's literally unfollowing as we speak. He's also suggesting that
this isn't ever We had somebody on saying this might
be the ind of it. It's not the end of
it until the hostages, every single hostages back. This does
not stop more. In a moment with Richard nineteen two, the.

Speaker 1 (19:56):
Mic Asking Breakfast Full Show podcast on iHeart Radio powered
by News.

Speaker 2 (20:01):
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of which cannabis medicinal one of the or what's being
described in the Australian media this morning, one of the
most controversial sponsorship deals in Australian sporting history has ended,
and this was with the NRL the Dolphins an alternate

(21:08):
leaf which is Australia's largest medicinal cannabis clinic. They're under
an investigation of the microscope for potentially breaching the Therapeutic
Goods Act. So that's a talking plom across the Tasman
as well.

Speaker 18 (21:17):
Six forty five international correspondence with Ends and Eye Insurance
Peace of Mind for New Zealand business.

Speaker 2 (21:24):
Tied with to Darnold. Whatdy, Mike, you're watching like we are?
Is it all unfolds?

Speaker 14 (21:29):
That's right, Natanya, who just confirming what the US has
been saying for the last hour or so that Yeah,
DNA testing shows it was a MAST leader, Yaya Sinwa,
who was killed today. And what was we hear? A
regular Israeli military operation in Gaza, if any of this
can be called regular. They didn't have any specific intel.

Speaker 11 (21:46):
He was there.

Speaker 14 (21:47):
They were responding to what was described as suspicious movements
and they found in the rubble the architect of the
October the seventh massacre in Israel. President Biden has been
updated on all of this. He is on route to
Germany on Air Force Minute along with his National security advisor,
Jake Sullivan. Democratic Congressman Jared Moscowitch says.

Speaker 9 (22:06):
Yaya Sinhwar is the Osama bin Laden of his time.
He is solely responsible for the attacks of October seventh,
getting twelve hundred Israelis killed, many of them civilians, taking
hundreds of hostages, killing Americans.

Speaker 15 (22:20):
And be honest, he.

Speaker 9 (22:21):
Is also responsible for the damage that has happened in Gaza.

Speaker 14 (22:25):
So what next, Nettno who says the war is not
over yet, But that does not answer really the key question,
does it? How far is Israel going to press all
of this, says the Israeli Prime Minister.

Speaker 19 (22:36):
Which is clear to everyone in Israel and in the world.
Why we insisted on not ending the war? Why we
did insist in the face of alder pressures to enter Rafa,
the forty five stronghold of Hamas where sinoar and many
of the murderer's kids.

Speaker 14 (22:52):
Yeah, so again open questions here in the US says
there are several potential successes to Sinhwa, who for a
year has been the sole voice of Hamas. One would
be Sindware's brother Mohammad, who oversaw the building of the
tunnel network in Gaza, and so he is literally a
clone of his brother. Another possibility is Khalil Alha, who
has been one of the lead negotiators for Hamas. During

(23:15):
the on and off ceasefire talks that have been held
in Kuta. Those talks have been pretty much at a
stalemate for long period, at least the last month, especially
with silence from both sides, the Israelis and Hamas, despite
as we know, pressures from Washington. It is not clear
how many of the one hundred or so hostages taken
in the initial Hamas attacks still alive, and it remains
unclear as well how many are under the direct control

(23:37):
of Hamas, so all of this remains quite uncertain. Meantime,
Israel has indicated it plans to attack a run in
response to the Iranian missile firings. Recently, the US has
urged Israeli lead a Net Nyahu to go after military
sites and not after oil production or nuclear sites in Iran.
While USB two stealth bombers have just attacked Hooti weapon
stocks in Yemen. They hit five ground weapon sites in

(24:01):
parts of Yemen controlled by Iranian bagged Hooti militia. US
has used the B two is the only warplanes able
to carry the largest American bombs, the mops as they
call them, massive ordnance penetrator in Pentagon speak. These are
the only weapons that might take out Iran's underground nuclear
facilities if it comes to that. So this American attack

(24:22):
certainly a message to Tehran.

Speaker 2 (24:23):
Yes, and then to the Rice Carmel of Breton Fox.

Speaker 3 (24:27):
Yeah.

Speaker 14 (24:27):
Kamala Harris has been calling for another debate with Donald Trump,
not quite what you got. Trump says he's done with debates,
but Harris not one. When she appeared for the first
time on Fox News, that was supposed to be an
interview with Fox host Brett Bear, but instead turned out
to be a kind of on air debate, with Beer
often talking over Harris like this, momentially, but.

Speaker 7 (24:51):
I finished finished responding for this, you have to let
me finish.

Speaker 14 (24:55):
So as you hear, it was often pretty feisty, but
that drew out a more aggressive Harris, which probably is
useful for her to show in retrospect.

Speaker 7 (25:03):
Said Harris, my presidency will not be a continuation of
Joe Biden's presidency. I will bring my life experiences, my
professional experiences, and fresh and new ideas. I represent a
new generation of leadership.

Speaker 14 (25:16):
She was also quite impassioned in lashing Trump for threatening
to go after political enemies in this country.

Speaker 7 (25:22):
He's the one who talks about an enemy within. This
is a democracy and an inner democracy. The president of
the United States in the United States of America should
be willing to be able to handle criticism without saying
he'd lock people up for doing it.

Speaker 14 (25:41):
So maybe she should go on Fox more often.

Speaker 2 (25:43):
All right, mate, you have a good weekend. We'll catch
up mother. Richard Arnold Stateside reporting out this morning the
Independent Panel report into the July thirteen shooting in Butler
quote unquote, the US Secret Service has deep floors needs
to be resolve urgently or more assassination attempts again to
have and the organization had become bureaucratic, complacent and static.

(26:04):
I think I'd call that damning, wouldn't you. Ten Away
from seven.

Speaker 1 (26:08):
The Mike Hosking Breakfast with Bailey's Real Estate Newstalk.

Speaker 2 (26:11):
Said, you're serving away from seven. Just back to the
Infometric's forecast for the economy this year and next. I
told you about the immigration and the worries around that
We're expected to recover mid next year economically, generally speaking,
remain weaker for the first half of next year, picking
up a bit by the end of twenty five. So
they've revised our growth rate. Growth. Yeah, one point five
to one point nine, will take that all day long.

(26:32):
By mid twenty six, which of course is election year,
they're looking at two point seven, so that's it's not historic,
but it ain't bad. Unemployment yet to peak. Is the
forecast going to go up a little bit and eventually
get to five point four percent by mid next year.
Export prices they're arguing would improve a bit. There's a
modest pickup coming in the housing market air, but we've

(26:54):
got government worries around the books, and we've got immigration
worries as well, so it's a mixed bag, as I
suppose it all. But at the end of the day,
slowly but surely, it looks like the worst is behind
us and we will take that all day long, five
to seven by is and.

Speaker 1 (27:10):
The ouse, it's the bizz with business fiber, take your
business productivity to the next level.

Speaker 2 (27:16):
I've got too many times being a big fan of
American sport. It is going gangbusters globally all over the world.
Now American sport is massive. The WNBA setting records as
women's basketball, the NBA, the men's basketball new total regular
season tendance record last season. NFL ratings football they're at
their highest level since twenty fifteen. They've already been four
different individual game viewership records broken in the first six

(27:39):
weeks of this season. Baseball postseasons on at the moment.
First game between the Mets and the Dodgers lav New
York averaged eight point two six million viewers this week,
which is the most watched game on any network since
two thousand and nine. The American League Championship game viewership's
up four percent on last year. Game one saw on
as four million viewers. Those figures also came in a time,
by the way, when I say the Mets New York,

(28:00):
it came at the exact time the NFL was on
and all three of New York's teams were playing in
primetime Jets, Giants, Bills. The American League Division saw a
twenty percent increase in viewership compared with last year, and
the league says the twenty four regular season broke all
sorts of records, attendance, fan engagement, screaming, total viewership. It

(28:20):
is so hot right now. They put part of it
down to the baseball, down to the change of the
rules around the pitch clock. And if you watch a
bit of baseball and can go on, goes on for hours.
I mean, you go all nine innings and stuff like that,
but they've got a pitch clock and it counts down,
so you go throw the ball with him the time.
Mets Dodgers today. By the way, LA are up two
to one. Yanks Guardians this morning, they're up to nil

(28:41):
the Yanks. So ideally, in an ideal world, as far
as marketing is concern, you want the New York Yankees
playing the LA Dodgers, because of course you've got two
mass markets. The starting five is the other one. I
was going to recommend of them watching that. I'm just
slightly hesitant. It's yet another one of these. It's on Netflix.
I you get another one of these sports slash documentaries

(29:03):
that I worry about. Originally they started out you'd introduce
yourself to some players, and I always find a great
deal of inspiration and watching these programs because these are
elite performers. Doesn't matter the fact they're in sport. They're
elite performers. There are people who drive themselves and Lebron's
in this one. So starting FIBs about basketball, there's five players.
Jimmy Butler's one of them. A name you'll know Lebron
certainly a name. You'll know. He's at thirty nine years old,

(29:25):
he's probably one of the greatest, if not the greatest,
of all time, and what he goes through physically to
get himself on the court each and every time is astonishing.
But it's that balance between that which inspires you and
gives you an insight in what it takes to be
brilliant and just a lot of basketball. So suddenly in
episodes two and three you're seeing a lot of hoops
being played. So whether that's a thing for you, maybe

(29:47):
tried out over the weekend. If you're not watching the
f one, which you should be, it's your patriotic duty
to follow Liam Lawson this coming weekend in Austin. Let's
have some Chloe Swarbrick shortly.

Speaker 1 (29:59):
Setting the new Ada and digging into the issues with
the Mic Hosking Breakfast with Bailey's real Estate, your local
experts across residential, commercial and rural news.

Speaker 3 (30:09):
Togs hed been.

Speaker 2 (30:10):
Only seven past seven, So the Greens have met again.
Darlene Tanner will be Walker jumped out of Parliament. The
official side of that decision, which is by the way,
was unanimous goes to the Speaker of the House. Of course.
Now CO leader Chloe swarbrooks with us, very good morning
to you. Do you have any sense of whether there's
a problem with Brownlee at all or he will simply
tick the box.

Speaker 20 (30:29):
So I don't want to speak on behalf of the speaker.
I think that'd be entirely remissive me. But I think
that he will consider the legislation properly. And look, we're
feeling pretty confident about how things are in terms of
the effect on proportionality here.

Speaker 2 (30:43):
How big a hurdle was it for you guys to
get past your dislike of the law.

Speaker 20 (30:49):
Well, look, I think it's been aired pretty publicly over
the last several months that we've been working through this.
We do have a vex history on this legislation, and
there's statements from former party co leaders and there's a
lot of wrecking out there in the easter. But this
is what deliberative democracy looks like. You know. I feel
really proud of the fact that last night, one hundred
and eighty five delegates representing all of our membership, our

(31:10):
thousands of members all across the country, having had their
own Sarah and deliberative processes and their local branches and
provinces and networks all came to this conclusion. And the
fact that it was this kind of unanimous or rather
resounding or consensus, I think yeah, really demonstrates that we
as a party and moving forward together on this issue.

Speaker 2 (31:28):
Is it possible you were wrong on the law, given
you've now used it and seen its benefits.

Speaker 20 (31:33):
I'll be the first person to say that everybody should
be open to changing their minds when confronted with complexity
or new our evidence or information. That's humanity is what
evolution is supposed to look like, Mike. So you know,
we even had some old wiseheads from our party reflecting
on that on the call last night, and we also
made the points that all of those former statements by

(31:54):
former CO leaders, especially our founding former CO leaders, need
to be taken and of the context of the time.

Speaker 2 (32:01):
Indeed, so can we now say your position on the
law has changed as a party, Well.

Speaker 20 (32:06):
Our position on the law has historically really boiled down
to Turkey's things, which I think we've canvas and our
conversations on this in the past. The first and of
that concentration of power. So the law itself prescribes effectively
that it goes to party leadership to work this through
with their caucus, and that if there is a seventy
five percent vote in favor of that caucus, then you
can move ahead with things. Here, I think we went

(32:27):
a lot further than that, and obviously going out to
our full membership. So I think everybody needs to understand
that is the key caveat here. We haven't just operated
as the law prescribed. We've gone far above and beyond,
and obviously also aired all of this in the public debate.
And the second thing is real concern about how, for example,
a member could be ejected for standing on a matter
of principle. And that's why we work so hard to

(32:49):
kick this executive summary out there into the public arena
so that everybody who can see these facts can see
that Unfortunately, in this case of Alan Kana, this is
not a matter of a principled stance, since that's quite
the opposite. So I think with those two key principles
kind of steps net sure in certain circumstances. Of course,
you can say that we would take these steps because
we've taken them.

Speaker 2 (33:10):
As of use, say good stuff, go forward with Chloe Swebrick,
Green Co Lead at ten minutes past seven pass games
in Canada. Trade scrap rolls on. This is the CPTPP
arbitration didn't work. So when our requesting formal negotiations, essentially
our dairy products are being blocked despite the fact we've
got access deal trade mins to Tom McLay back with
us on this Good morning, Mike, good morning. This is
not supposed to be what free trade is all about.

Speaker 20 (33:31):
Is it.

Speaker 16 (33:31):
Yeah, that's right.

Speaker 21 (33:32):
Look, Canada entered into an agreement with us. They knew
what they were doing when they came down to Walkland
and signed it. It's incidentally the same government not honoring it.
So we've decided to take the next step and the
formal legal procedure to get them to allow dairy products
to be sold in Canada.

Speaker 2 (33:48):
Does this go anywhere tangible or useful though, because so
far it just seems to be a lot of wow
wow wah.

Speaker 11 (33:54):
Yeah.

Speaker 21 (33:54):
So the system is set up, so there is a
lot of talking and look, we get on well with Canada,
we're good friends than we do a lot on the
world stage, but we disagree on this one. That panel
found in our favor. They made changes but they are
not significant. They still are not meeting their obligation. Now
they formally must come to consultation with us within fifteen days.
If we don't reach agreement thirty days after that, we're

(34:16):
able to take additional action, which can be looking at
the losses that New Zealand suffers. We have the option
to put teriffrates back on their trade. I hope it
doesn't get to that. You can do one to go ahead,
would you. Well, we're not ruling anything out. We reserve
the right to take action. We're taking this very seriously.
Although the amount of trade is not significant compared to

(34:39):
the twenty five billion dollars worth of dairy we sell
around the world. We're a small country. We honor our
obligations and trade deals. We take them seriously. You've got
to stand up for yourself.

Speaker 2 (34:47):
Which principle exactly are we indisputably right?

Speaker 21 (34:52):
Yes we are, because when we negotiated the agreement, it
said that New Zealand had a right to sale a
certain quota of a low time tariff into that market.
The way that Canada has arranged their system blocks us
and stops us doing that. So New Zealand exports are
worse off. You know, the tribunal found in our favor.
It wasn't easy. We had to make the case and

(35:12):
therefore we are right. So Canada can do one of
two things. They can make changes or they can pay
us compensation. They don't have the option to do nothing.

Speaker 2 (35:20):
Are they bad actors?

Speaker 21 (35:22):
Well, look, I don't want to speak ill because we're
about to go. And why not stiffing it negotiations? Yeah,
well negotiations with them. But they have a bit of
record of doing this around the country, you know, around
the world. In this case, we've decided to stand up
for them, stand up to them. It's the first time
that this system has been used under the CPTPP. New
Zealand has never put tariff sanctions against any country before.

(35:44):
But I send them a really clear signal they owe us,
pay us all. We're coming after you.

Speaker 2 (35:48):
Good stuff, Todd, appreciate you have a good weekend. Tom McClay,
who's our trade minister? Twelve minutes past seven, pask the
team who discussion yesterday? Just just a fantastic example of
theory versus reality. Quite a few headlines in Australia as well.
The Baptist World Aid Ethical Fashion Report this is one
to be deeply skeptical about. Let me warn you, because
we've been here before. They write to all the fashion

(36:10):
producers and go, give us your details, give us your chain,
tell us what's going on. A lot of people don't
reply because they don't have time, because they're actually running
a business. If you don't reply, and you're under no
jurisdiction to reply, if you don't reply, they give you
the lowest score possible. Now, in some cases it deserves
the lowes score possible, but in other cases, and they
won't name names here, that there are perfectly ethical companies

(36:32):
doing perfectly ethical things in the fashion industry in this country,
they just couldn't be bothered replying. So they run a
slightly weird mechanism in doing all of this reportage. But
what we can't escape from yesterday is the hypocrisy that
there are people in the world who are pretty close
to being slaves, who are making things that you buy.

(36:53):
And if I asked you, you probably know that that's
the truth. And when you pay five dollars for your
crappy little T shirt on TIMU and I'm proud actually,
and don't go, I knew king if i'd nut to.
I'm proud actually never to have bought anything on TIMU
and furthermore, I'll tell you I never will because I
know most of it on there is crap and it's

(37:13):
made by kids who are abused, and we know it.
And what's interesting about it was that we if I
asked you in a poll, hey, listener, you've bit worried
about kids being abused in Asian you go, absolutely, I
am very worried about it. Are you going to do
anything about it?

Speaker 18 (37:27):
No?

Speaker 2 (37:28):
And so that's what the TMU pole proved yesterday. We're hypocrites, essentially,
fourteen parts.

Speaker 1 (37:34):
The Mike Asking Breakfast Full Show podcast on iHeartRadio.

Speaker 3 (37:38):
Howard By News Talk said.

Speaker 2 (37:39):
Be seventeen past seven news talks, it'd be the death
of Li and pain came as a shock yesterday, of course,
off the balcony of the third floor room and the
hotel in Buenos Ayre's the UK entertainment reporter Josh rom
with us from London. Morning mate.

Speaker 22 (37:50):
Good morning to you guys, Averry New Zealand.

Speaker 2 (37:52):
I'll tell you what. Having a look at some of
those photos from the hotel room, it's an ugly scene,
isn't it.

Speaker 22 (37:56):
Absolutely it's absolutely horrendous seeing funny enough, a random soapbox
admits all the what looks to be like drug paraphernalia
smashed up laptops. We knew from local reports when the
news was being revealed overnight, so to speak, that Liam

(38:17):
Paine was acting reportedly acting I should say, erratically before
he was taken back up.

Speaker 13 (38:23):
To his room.

Speaker 22 (38:25):
There were reports of an aggressive man who was intoxicated
on either alcohol or another substance. Those were the reports
that were going through to local emergency services in Argentina.
Really quite disturbing and quite concerning facts coming out from

(38:46):
Buenos Aires.

Speaker 2 (38:47):
Indeed, and plenty to worry about in these recent days
on social media if you follow him, what's gone wrong
with his life?

Speaker 22 (38:54):
Yes, well, recently Liam had a lot of personal problems
when it came to his career. He recently split parted
ways with management. We know that plans for his second
studio album were shelved. We know that he's had problems
in the studio rewriting his tracks. We also know that

(39:16):
his ex girlfriend Maya Henry was going to issue She
consulted lawyers to issue a cease and desist order Tullium
because reportedly he was contacting her persistently, as well as
her friends and even her mother when it came to
their relationship. We heard it's been rumored that Maya Henry

(39:38):
was going to release a book. It wasn't necessarily a
nonfiction book. It was a fiction story, but clearly based
on their relationship, about a woman who fell in love
with a pop star. So we know that there was
problems with his personal life, problems with his professional life.
He's also been very open and honest previously about the

(40:00):
mental health problems that he himself suffered, and also problems
that he's reportedly faced with either alcohol or drug abuse.

Speaker 23 (40:07):
We know that.

Speaker 22 (40:09):
He's had kidney issues. We also know back in twenty
twenty two he had on one hundred days stay in
a rehab facility. In twenty twenty three, in July, he
said that he was six months sober. So all of
these facts coming together do start to build up a
rather concerning picture. Bearing in mind though he did seem

(40:31):
to have a good time in recent days in Argentina.
He was there supporting his former One Direction bandmate Nile
Horan on his world tour. He was posting various lovely
posts with his current girlfriend Kate Cassidy on social media
as well, having breakfasts, living a very fun existence, very

(40:52):
fun life, having a good time over in Argentina as well.
So again very mixed messages.

Speaker 2 (40:58):
Liars Dad, it's a shocking is Josh pre Josh Rahm
out of London this morning seven twenty Hosking as quickly
hears Harris on.

Speaker 7 (41:05):
Enwell Hamas is decimated and its leadership is eliminated. This
moment gives us an opportunity to finally end the war
in Gaza, and it must end such that Israel is secure,
the hostages are released, the suffering in Gaza ends, and

(41:29):
the Palestinian people can realize their right to dignity, security,
freedom and self determination. And it is time for the
day after to begin.

Speaker 2 (41:43):
So that is Kamala Harris moments ago on the assassination
of mister Sinwat Mike the Weakened of Moment.

Speaker 1 (41:48):
Seven twenty one, The Mic Hosking Breakfast Full Show podcast
on iHeartRadio powered by News.

Speaker 2 (41:56):
Talksippy OAKLANDFC kicks off expansion of the league this weekend.
Look at it shortly seven twenty four times now to
mark the week. Little piece of news and current events
that makes people happier than being Ainsley watching Team New
Zealand fall off their foils. Speaking of the America's Cup,
Chris Sipkins three, Wow wow, I mean for good faced
opportunism and no follow through. Also speaking of the America's Cup,
Spanish tourism seven. Despite the protests, locals telling everyone to

(42:20):
go home. Stats this week more people than ever showed up.
Are the film commission four? I mean non story of
the week. Really one hundred and forty five thousand dollars
before people in the film festival is not a scandal.
I mean not exactly arduousm who wouldn't be into a
bit of it, but not really the crime of the
century Wellington City Council one. Now that is the crime
of the century. Are the sea bridge?

Speaker 18 (42:41):
Four?

Speaker 2 (42:42):
Only Wellington could make a bridge that ugly, that costs
that much to stop at falling in the ocean. Are
the local government Minister?

Speaker 5 (42:49):
Four?

Speaker 2 (42:50):
He has to act given he's pulled the trigger and
made the threat reputationally. You can't go round threatening people
and then doing nothing. Luckso four our a touch. According
to the Pole, it's not that he ain't okay. I
think it's really it's just because he's not John Key.
It is a long long shadow inflation six because broadly,

(43:11):
when you tank the place, you get rid of inflation.
I mean, let's try and remember that when we talk
about its demise like a lotto when generosity eight, according
to the Guardian, people are gifting us up heaps. Even
in a cost of living crisis. We are still giving
and leaving plenty behind. So that's a good sign, isn't it.
Jeff Mortlock eight. As I said yesterday, my hero of
the week, former Reserve Bank worker in front of the

(43:31):
Select Committee this week speaking truth to power about diversity.
Highs are these Solicitor General and her prosecution guidelines too,
doing exactly the opposite of what the government wants. Explain
that oil six good week as it's still well below
eighty bucks. Holler up, Liam Lawson eight right right up
there in debut terms and expectation, I mean, love it

(43:53):
or not if one is the pinnacle and it's a
truly global event and we are once again flying our
flag through a brilliant talent that we wish all the
very best. And that's the week copies on the website
and according to new rules, if you read this outside
over coffee of t eighteen percent more expensive, but even
at that price, it is still a bargain Posky Mike.
Especially hypocritical was the woman from Tearfund who condemned Timu

(44:14):
then admitted she brought stuff from it as it was cheaper.
I think that was on Heather Show yesterday afternoon, Mike.
It's cost of living. Kmart cheap crap never been so popular.
People want cheap stuff, Yes, they do Kmart. I think
the thing that not to defend Kmart, but I think
the difference with Kmart v. Timu is in box retail,
you can track and trace in the sense you know
where it's come from, and the some level of accountability

(44:34):
when something comes bang out of Chinese would have a clue.
What's going on morning, Mike. I'm with you on Timu.
Despite Temo being every second ad appearing online, I will
never use it, Mike. How are those jeens you're wearing
or the electric car your buddy drives are I don't
have a buddy who drives an electric car. And as
for my genes, and I don't want to sound like
you know what, I can tell you where my genes
came from. I can name you the factory and where

(44:57):
it was made and when, because traceability on things like
that clothing is actually quite easy, and it's a growing business,
and a lot of firms and brands, as part of
their marketing make it a thing so that if you're
interested in that sort of thing, it doesn't have to
be I wouldn't have a clue what happened, and you
can plead ignorance, ignorance, as they say, there's no excuse
right A league expansion this weekend is Auckland FC a

(45:20):
real go. We'll talk about that after the News, which
is next to REDWS, togs.

Speaker 24 (45:23):
V B.

Speaker 1 (45:27):
You're Trusted Home the News for Entertainments of Opinion and
Mike the Mike Hosking Breakfast with a Vita, Retirement Communities,
Life Your Way News togs HEADB.

Speaker 2 (45:37):
Mike, how come Judith Collins can express disapproval of race
as a excuse me consideration of prosecutions when Luxon earlier
in the week could not because she's got gonads and
luxe and hasn't is the short answer to that particular question,
And this is what I was trying to explain to
Christopher Luxon when we started the story in the week
at the beginning of the way. He knows how much
the media has finally got on board of this. Only
took them till Thursday to wake up to that particular story.

(46:00):
They're all over at Monday Tuesday. Anyway, The point of
it is is that reputationally speaking, you cannot as a
government go we believe this and this is our stance
and then have the public service stick the middle finger
to you. You can't do it. And Judith Collins has
been around long enough to understand that. My suspicion is
Christoph Luckxon hasn't. And Christopher Luckxon's also a scaredy cat.

(46:21):
I mean, yes, these people, the solicitor generals. Of course
they're independent and you can respect the independence, but you
can also stand your ground. You can't go round in
a campaign going around saying this is what we believe,
this is what we're campaigning on, and then go, oh,
the solicit General's independent can't possibly say anything. Grow some,
Chris twenty two minutes away from eight Terman Cady R

(46:45):
for right. Our new era In New Zealand football is
underway this weekend, with Autland FC kicking off at Mount
Smart tomorrow. CEO and Nick Becker is, well, this nick
very good money to you morning mite. How are you
very well indeed your assessment as to where you're rat
as an entity before you've officially kicked the ball off.

Speaker 12 (47:05):
We're going great guns. I'm really proud of what the
team's done. We're going to have it's looking like a
sell out tomorrow and go mean it. There's only a
few there's a couple of stand tickets left and there's
only a few in the GA in the upper south stands.
So being a good Warriors man, you'll know how important
it is to have a full house. And we're really
excited about that.

Speaker 2 (47:23):
Good stuff. Any sense of the quality of the side, Yeah,
we've got it.

Speaker 12 (47:27):
We've invested well into the team. They've come together really well.
We've got a good solid key. We based really talented
New Zealand players. We've got five all whites, and we've
got five really exciting visa players with a bit of
a South American flare in there. And then we've also
got our captain Heroki, who's our Japanese international, has been
to three World Cups. He brings a kind of experience
and he's a quality player.

Speaker 2 (47:48):
What are you expecting in the first season. Have you
got something on a whiteboard somewhere that says we will
land up X on the latter.

Speaker 12 (47:56):
Yeah, well, we've all got our dreams. I mean, I
think we're going to from one. We've always said we're
not here to make up the numbers, and we're super
ambitious and we want to be super successful. So I'm
not going to say to you straight away that that
we're going to win. It might, but that's what we're
intending to go out and do, and I want to
be in the business end of things at the end
of the season.

Speaker 2 (48:13):
Good on you. See Bill Foley, he started, as you
were well aware, he started a ice hockey team in
Vegas and they went out and pretty much won the
Stanley Cup straight away. So the precedent's been set, Unfortunately, hasn't.

Speaker 20 (48:25):
It been that?

Speaker 12 (48:26):
Absolutely? I mean, Bill's a fantastic owner, but he is
also one of the most competitive men I've ever met
in my life. So yeah, we know how much he
wants to win, and we want to win too. He's
got a great saying always advanced, never retreating, but we're
fully we're fully tied up to that as well.

Speaker 2 (48:41):
What about the celebrity money behind this from Ellie Williams
down is this a business or is this philanthropy?

Speaker 12 (48:50):
This is it's a bit more of the vision and
seeing what the potential of New Zealand football is. I
think Auckland's been ready for a professional team for a
while now and so it's fantastic that we're actual got
one now. But it's more around creating talent pathway so
we can actually genuinely take talented young poison girls from
Auckland from all across New Zealand and if they're good enough,
they can play firstly in the A League of the

(49:11):
top competition down here, but then we're also connected into
Europe through Bournemouth and the other teams as well, and
so they've got a real genuine talent patay to get
up there. And the people who come in and investor
that have seen that. They've seen that potential with the
likes of ali Anna but also Winston Reid, Tim Brown,
Noahcky and Steven Adams, they've all come and said we
want to help you that, we want to see that development,

(49:32):
We want to see talent out on a global stage.

Speaker 2 (49:34):
Are you going to get like a Steven Adams into
the locker room for a bit of a you know,
a bit of a bit of a g up that
sort of thing.

Speaker 12 (49:41):
Yeah, I mean Stephen Obviously he's got quite a busy
schedule of the season, just kicking off in Houston, but
he we've been in contact to him about when he's
next over in New Zealand, actually sitting down with the
boys in the dressing room, talking to him about his experience,
his journey. Absolutely, and he's that's what he's come on for.
That's what he's passionate about. He hasn't come on be
sort of as a part of an ego player and

(50:02):
anything like that. He genuinely wants to help the young
players and do all.

Speaker 2 (50:06):
The players get free all birds because of Tim.

Speaker 12 (50:10):
Well that and also of course New Balance our our partner,
both great great footwear.

Speaker 2 (50:16):
Good on you mate, well done Nick Vicker and go
well with at Auckland f C. He is the CEO.
It's nineteen minutes away from mate, asking Mike, if you
get a chance, you should watch the Harris interview on Fox.

Speaker 15 (50:32):
When's that going to be on?

Speaker 2 (50:34):
Do you think I do for a living mate? That
texts me that crap? What I will say from gosh
having watched it yesterday, is if you went into it
disliking Harris, you will call it a train wreck. If
you went into it liking Trump, you'll call it a
train wreck. If you went in and so it goes.
In other words, what if I've really got that thing

(50:54):
for Brett Bayer? Yeah, if you really like Brett, you
would have gone, oh Bretty. Here's the thing. Watching it
neutrallly because I don't care. What they clearly don't have
often in America is combative interviews. And so he was combative.
It wasn't. It's just something that a lot of Americans
clearly wouldn't have seen before. He wasn't rude. He was
just making her answer the question, and she was having

(51:16):
trouble being treated that way. And that's what it boiled
down to. She's never been a great interviewee. She wasn't yesterday.
It wasn't a train wreck, It wasn't breaking. You know,
you make up your own mind, so if you had
a preconceived idea, that's basically what would have happened. But
thanks for the tip on watching it.

Speaker 20 (51:29):
That was good.

Speaker 2 (51:30):
Seventeen to eight.

Speaker 1 (51:33):
The Vike Asking Breakfast Full Show podcast on iHeartRadio powered
by news.

Speaker 2 (51:38):
Talks a'd be Mike, imagine how many hundreds, probably thousands
of hours and costs could have been saved if you
had a real leadership team who stood up and said, Darlene,
you're out. I said that right from the start. I mean,
but that's brand damage on their part. They wanted to
defend the way they behaved themselves. Then, fair enough to Mike,
did you hear Hipkins on us using decinder on the
promotion of New Zealand overseas? Honestly, she'ld be one of

(51:59):
the most hated people in our country. Do you know
what I thought about that yesterday? And you know my
feelings on Josinda and what she did to this country,
and I sort of gave a few of them yesterday
as regards I mean, the hypocrisy around that damehood is
just beyond belief. We're just talking about it off here.
If you're a Republican, which he is, then one of

(52:21):
the things as being part of a Republican you don't
do is except a knighthood, damehood from the royal family
in which you want to divorce yourself from and then
having and when she says I was in two minds
about it. I mean, she was in two minds. It
was yes and f yes. But when you then are
just so busy, you just can't accept it until just

(52:43):
just the moment comes up, just at the right time
to pop into windsor I mean, come on. But having
said that, I think this might be Hipkins's, if not
best idea, one of his better ideas. I would as
much as she has disliked in this country, she is
only dislike by a portion of us. I personally don't
dislike her. I just politically see her for what she is,

(53:05):
which is a vacuous, shallow pull of nothingness. But I
also accept that internationally, a certain section of people, the lovies,
mainly the handwringers, the literati g literati, are like her,
and therefore, on the international stage it's probably not a
bad idea to get beyond ourselves a little bit and

(53:27):
to use her to our benefit. It's almost like the
presidential situation in America. There's a nice I mean, it's
fallen apart recently, but before Trump came along, there was
a sort of a there was an understanding you didn't
bag the other guy, that yes they were different politically,
yes they did a bunch of stuff you might not
have liked, but you do not bag the office of
the president the same way that you might argue that

(53:49):
she is known on the international stage and there probably
is room out there for her to do some good
work on behalf of New Zealand inc. And, as much
as you may dislike what she did politically, her ability
to waltz around a room with a glass of something
in a hand, smile a lot, and go New Zealand wonderful.
I mean, I hadn't been there for a while, but
when I was last there it looked wonderful. It's probably

(54:11):
to our benefit ultimately, Mike, I two am fifty nine.
I'm on ACC. It was an interesting feedback on this yesterday,
me having claimed, apart from the once off ninety dollar
thing as a result of the near bashing from my wife,
I've never taken accm my life.

Speaker 15 (54:28):
To clarify, the air bashing was not what you went No, No.

Speaker 2 (54:31):
Well I could. I could have claimed ACC for that,
but I didn't. Anyway, I'm a high I had a
high speed fall. I love the way people insert the
drama right at the very start. It's not just a fall,
it's a high speed fall onto a wooden arena fence,
tore my ACL, MCL and PCL. That's all the cls
and a probably undiagnosed concussion. I was on morphine from

(54:55):
the time the ambo took me to NS hospital. I
assume that's north Shore fell off a horse hit my head.
So you got You've got an athlete writing to me
this morning. And then they come to this part. Perhaps Mike,
you don't get out much. That could be true. Take
a height next time you're in Matakana, do the Munga
Fire hillwalk or perhaps one of the South Island Great

(55:16):
walks to really test you. Sitting on the couch screaming
at the wars is probably a kin to wrapping yourself
in cotton ball. What I found interesting about that insult
a letter letter is it seems to be a suggestion
that unless you've been on ACC, there's something wrong with you.

Speaker 15 (55:32):
Yeah, we did get a texas. He said, if you're
not on ACC, you're not going hard enough.

Speaker 2 (55:36):
Yeah, exactly. Or unless you've out there in the world
sort of willing yourself to be injured and broken somehow,
you're not living, which strikes me as an interesting interpretation
of life now if you want to ride a horse
and fall off a fantastic go enjoy yourself. All I'm
saying is there's a lot of it going on, and
it's costing us a lot of money. And me on

(55:56):
the sofa, I'm doing the savings night away from It.

Speaker 1 (56:01):
The Mic Hosking breakfast with al Vida Retirement Communities News togs.

Speaker 2 (56:05):
Head b would be fair to your Mike, you're fairly
close to the ground to begin with Barn seven Away
from eight. Wine looks like it's on a tiar in
the States. Let me give you some numbers in Vivo,
they're about there at another event this week in New
York where they're serving on Blanc is now turning over
forty thousand cases a year. Those sales are up one
hundred and sixty four percent. So there's some numbers. And

(56:26):
Vivo co founded Timlpbourne's back with us. Tim morning, Hi, Mike.
You're in New York this time Square event Wine Spectator.
Wine Spectator for people who don't follow wine. That's the
serious business. So presumably if you're invited to that, you
know what you're doing here.

Speaker 25 (56:40):
Look, it's the largest wine magazine in the world, and
you know We're honored to be invited. You had to
get a top score. They named us in the top
one hundred wines in the world, and then the writers
choose who they want to come as well.

Speaker 2 (56:51):
Okay, serving yon Blanc, where's the end of it? Because
we used to ask about that in Britain. Where's the
end of serving on Blanc? And Britain then America came along.
In America overtook written in terms of sales for us.
What's the answer to the American question on serving on Blanc's.

Speaker 25 (57:05):
It's still buoyant, it's still going. I was out visiting
retailers yesterday in some major you know, retail chains, and
they're still happy with it.

Speaker 23 (57:12):
I think.

Speaker 25 (57:13):
You know, we're only three point one percent of the
entire US market, and most of that ninety five percent
sevenyon blancs, So there's there's a lot of room to grow.
The big US sort of arrietyls like cab sav Chardonay,
they're going backwards, so you know, there is still room
for us.

Speaker 2 (57:28):
Okay, so what do you what are you saying? So
serving yon blancs growing as a as a category or
wine consumption general that is growing as a category or
just New Zealand's growing as a category.

Speaker 25 (57:38):
So seveon blancs growing as a category. New Zealand's going
as a category. The entire wine category is as relatively
flat though, and that's driven by the two biggest Varrietyls,
which is a cab sav and chardonnay. Seven on blanc
is about the sixth biggest varieties. So we've got some
room there.

Speaker 2 (57:54):
Well, I was going to say, what what's your potential
do you think for growth in that area?

Speaker 25 (57:59):
Look know, if we can get one to two percent
market share sort of up around four or five, which
we're achieving in a few states like Florida, South Carolina
here in New York as well, that's you know, another
three hundred to six hundred million for news in on wine.

Speaker 2 (58:13):
See how do you do that? Because America? I mean, yes,
New York I get that, but you know, North Carolina,
California is such a big country and jamake a noise.

Speaker 26 (58:21):
How do you do that?

Speaker 25 (58:23):
It's it is big, and there's no sort of secrets
to success. It's it's a combination of a number of things,
you know, getting those scores in the magazines, doing things
to stand out, like you know, blending or wait and
tasting in the middle of the New Metz Stadium here
in New York. Collaborations, So we just wants to cheese.
Yesterday with one of the largest cheese brands here in
the US, we infused a sevy on Blanc into some cheese.

(58:43):
So it's doing a whole lot of different things too.
Now get out on the road and visiting wholesalers around
the country as well.

Speaker 2 (58:49):
Does the cheese taste like serving on bloc?

Speaker 11 (58:52):
It certainly does.

Speaker 25 (58:52):
Yeah, we had a massive launch here yesterday, a lot
of media around so it was interesting.

Speaker 2 (58:57):
But yeah, it's a seventy on blanc bree nice. Well
you're going to infuse it into apples and like asserming
on blanc apple. How far do you take this one?

Speaker 25 (59:05):
I mean, anything's possible, but yeah, look, this is an
interesting one. It's one of the largest brands in the US,
this cheese brands. So we'll see how it goes.

Speaker 2 (59:13):
Fantastic good to catch. I appreciate it, but I love
New Zealanders doing well internationally. Tim lightborne out of the
in vivo this morning.

Speaker 11 (59:19):
The New York.

Speaker 2 (59:19):
Connections of course, Syriah Jessica Parker, who's a friend of
the program. We like her as well. Tim Wilson, we
like him. Yep, we like him. Kate Hawksby love her
love to so much, went and married her Murray Olds
later on in the late later on the morning. There
is so much going on in Australia. I've got a
pile of stories to my left. There is so much
going on in Australia that I could probably put Murray

(59:40):
on at five past eight and still be talking to
him at quarter past ten. That's not going to happen, though.
The news is next.

Speaker 1 (59:47):
The newsmakers and the personalities, the big names talk to,
like Costing breakfast with.

Speaker 3 (59:53):
The range Rover, the la designed to intrigue and use talks.

Speaker 2 (59:57):
He'd be just on the wine, my son and family,
than the US and the Illinois and New Zealand. Wind's
widely known and have their own areas in local supermarkets.
Sitting on Blanca's Big Time Mike, good on you. I've
never had a CC now eighty three, don't they wind.

Speaker 11 (01:00:13):
It up to him?

Speaker 17 (01:00:15):
Makes me start.

Speaker 12 (01:00:17):
Think.

Speaker 3 (01:00:21):
This Romanti side.

Speaker 2 (01:00:26):
So a joy. It's her fourth album. It's a I
don't know what would you call it? A lushly rendered
octet showcut something part is the way you would call
it that i'd call very Now here's the unfortunate part
about this. It's a pleasing balance between warm interpretations of

(01:00:49):
the American popular songbook and jazz Standard's fair enough. She's
doing covers where she adds her own lyrics, otherwise known
as plagiarism. I would have thought, or aiism as it
will probably become known, or jazz jazz jazz plagiarism. Now,

(01:01:11):
not many tracks, because I note most of them go
on and on, as jazz tends to do. Only eight tracks,
but forty four and a half minutes.

Speaker 1 (01:01:20):
Of no Sammara Joy the Week in Review with two
degrees Fighting for fear for Kiwi Business.

Speaker 2 (01:01:28):
Album's called Portrait. If you're looking for an early Christmas present,
coad to Tim good morning, Good morning.

Speaker 23 (01:01:34):
You've rucked me up this morning.

Speaker 2 (01:01:35):
Of course I have twice.

Speaker 23 (01:01:37):
I'm having an unsothing morning with the Mike Husking breakfast.

Speaker 3 (01:01:40):
First of all, welcome to the club.

Speaker 23 (01:01:43):
Here's my first grievance. Jacinda on the world stage. You
do not seriously think that here's what New Zealand needs
on the world stage. Someone business savvy. She's only popular
with the literati, the glitterati, the Hollywood elite, smiling and
schmoozing and drinking chardonnay and saying how wonderful a country
that you've abandoned and ruined is not going to cut it.

(01:02:04):
We need someone who's like, actually got some business acumens.
So I personally disagree, and I think in your heart
of hearts, you don't really think she would be a
good advocate on the international stage, do you know?

Speaker 2 (01:02:16):
But what I was trying, actually what it was I
wanted to do, was was just off of the idea
that that it's a possibility. And to your point, which
is a fair one, that often in branding, marketing and imaging,
the details aren't that important. Hence, justind direct.

Speaker 23 (01:02:34):
For New Zealanders, what what? What a punch in the
gut for every single business fell over?

Speaker 12 (01:02:42):
It is.

Speaker 26 (01:02:43):
No.

Speaker 23 (01:02:44):
But what you're saying is, but this government to put
her up as our rep is basically a kick in
the teeth to all the New Zealanders that know she
ruined the country, who was sitting here going, oh, thanks
very much for that, and she's representing us as she
There's no why should.

Speaker 2 (01:02:57):
She do that given all she did to it that's
the counter right, that is the counter argument. Now, on balance,
I think on balance you would win it. And I was,
I'm trying to I'm trying to help Crucificans because he's
devoid of anything original, and I'm just thinking this could
have been if I worked hard enough, an idea that
you could work up into something.

Speaker 12 (01:03:17):
So no, you know I do.

Speaker 2 (01:03:21):
I'm just trying to be everyone's friend.

Speaker 3 (01:03:23):
No, no, you're not. That's not no.

Speaker 27 (01:03:25):
I don't sit on the fence and radio hosking. You
get shot by both sides, you.

Speaker 2 (01:03:28):
Know, they're all that's for him.

Speaker 27 (01:03:30):
Look, man, I've gone backwards and forwards down in the
last twenty minutes because when I first heard you say that, Mike,
I was, I was. I thought, yeah, you know, we
need to move on. There's a My sense was it's
a sort of both and situation. So sure, she's not
doesn't have business activant, but she is connected to these
international elites and there's benefit to that play that card.

(01:03:51):
I don't I don't see the government supporting her. I
think they're that that that international sort of mind. You know,
I'm using the word kochie. It's not quite true, but
that group, they are self sustaining and they know each other.
I don't think that she needs governmental.

Speaker 2 (01:04:08):
Myself. It doesn't make it in an official capacity.

Speaker 27 (01:04:10):
I think that's how it's going to send the invite
with the government backs or not.

Speaker 2 (01:04:13):
Yeah, that's true. But I mean I was alwaso trying
to think, maybe we're just getting a little bit sort
of ansty about it, angsty about ourselves, and we're a
bit small town, and maybe we can see a bit
beyond it and we can all move on to different
parts of our lives. I was listened to a podcast
this week with Howard Stern, which I'd recommend to everybody.
And he's a guy who's been fantastically successful in radio

(01:04:35):
in America and he now has evolved into a bloke
who's different to the bloke he used to be, and
he now does a different type of radio show than
he used to. And I think if you can't do
that as a human being, then there's something wrong with you.
And maybe we can evolve with our relationship with a
former prime minister and see a former prime minister and
the status of that office is something important that we
could use to our advantage.

Speaker 23 (01:04:56):
Yeah, but look what she did. She bug it off
she couldn't give to her. It's about New Zealand and
what everybody's dealing with. She's gone, she's earning the big money,
and she's schmoozing around the world, and I doubt she'll
be back, So you know, I don't know why we'd
well reward that and go oh and by the way,
could you please be our international representative? I mean, no thanks.

Speaker 2 (01:05:14):
I made a very good point to a researcher this
week in a book and I said, this is another book,
not her book, but another book about her. And I said,
I don't know how she comes back to the country
to promote that book, because I don't think she could
step back in the country and really feel comfortable enough
to walk down a street in any small town in

(01:05:35):
this place without knowing full well that things aren't going
to go well for her.

Speaker 23 (01:05:40):
I think it's pretty split.

Speaker 15 (01:05:41):
She has a hack, yeah, I think it is.

Speaker 23 (01:05:43):
There are people who adore her and there are people
who can't stand her. I think I think she would
probably it'll be fifty.

Speaker 27 (01:05:48):
And there's probably there's probably also, like New Zealand's are
pretty apolitical, we only you know, you know, when there
were police dogs chasing chasing Ministers of Justice at SI
and everyone's going, why are the polls not reflecting this?
The fact is that we only get rapped up about
politics about a week and a half before the electure,

(01:06:09):
and then we get back out of it. I mean,
I think it's a positive and a negative in some way.

Speaker 2 (01:06:13):
Well, don't you very much at You're back and forth,
don't don't you on the fence meet him? You're on
the fence yourself more in a moment.

Speaker 1 (01:06:18):
Thirteen past eight, The Mike Hosking Breakfast Full Show podcast
on iHeartRadio, car it By News.

Speaker 2 (01:06:25):
Talksp New Talks Me sixteen past eight.

Speaker 1 (01:06:28):
The Week in Review with two degrees bringing smart business
solutions to the table.

Speaker 2 (01:06:33):
Kate Hawks meet Tim Wilson with us go Kate. I agree,
that's coming at a rate of twenty to one.

Speaker 23 (01:06:40):
I'm not surprised. I don't know what's happened to you.
I don't know what's happened to you, but you just
need to harden up. Maybe it's age you two sitting
on the fence more and more. Get off its just screen.

Speaker 3 (01:06:51):
I'll tell you why.

Speaker 27 (01:06:51):
I'll tell you why I'm on the fence because I
am trying to avoid a tsunami of chunder. I'm calling
in from Gastro.

Speaker 3 (01:06:59):
Hq out, No, yep, Rachel's four.

Speaker 2 (01:07:05):
I'm not sure.

Speaker 27 (01:07:05):
Rachel's down, wallfe is down. We're up all Last night
I was singing, you know that Bill Hayley song Rock
around the Clock. I was thinking, it's a bit more.

Speaker 3 (01:07:13):
Like one o'clock, two o'clock, three o'clock, puke, four.

Speaker 27 (01:07:16):
O'clock, five o'clock, six o'clock, puke around Clark turn out
with Gastros.

Speaker 2 (01:07:22):
It only lasts twenty four hours.

Speaker 27 (01:07:25):
Oh yeah, yeah, the best twenty four hours of your life.

Speaker 23 (01:07:27):
Twenty four hours.

Speaker 2 (01:07:30):
Hey, Tony Quinn, just quickly your story Katie yesterday about
Tony Quinn. What a great story. So Cadie's dad is
in the book shop, and just one book shop in
a moment in time, and he's watching people at the
counter asking for a book, and the lady behind the
counter goes, no, we don't have that book. I don't
know why everyone's asking for that book this morning. We

(01:07:51):
can order it if you want the book, And the
lady goes, what was on my costing this morning? So
in this one shop and this one moment in time,
and there's one suburb in one sitting in this country.
All the people wind out in the one shop for
the Tony Quinn book after yesterday's interview. Isn't that wonderful?

Speaker 23 (01:08:04):
I think, yeah, it speaks to well, probably the area
he was in would be a would be an area
that would be tuned into the mic Hosking breakfast in
large numbers.

Speaker 2 (01:08:13):
But also elegant up market area exactly bright.

Speaker 23 (01:08:21):
A very informed, educated, you know area.

Speaker 2 (01:08:24):
But also, what are you saying, Katie, that people in
some other rooms spelling the aroma of elites.

Speaker 27 (01:08:33):
Under h Q?

Speaker 2 (01:08:34):
Have you forgotten?

Speaker 18 (01:08:35):
Right?

Speaker 2 (01:08:35):
Vegas? What a roade Vegas? You you want to insult
the minifael?

Speaker 26 (01:08:40):
What I mean?

Speaker 2 (01:08:40):
Number eight?

Speaker 23 (01:08:41):
Number one want to follow up? I was going to
give credit to Tony Quinn and say it was a
lovely interview. He came across a really interesting guy and
even if you're not interested in what he's done, his
story is interesting. So I think you know what aras
are informed well read people. Then seek that out.

Speaker 2 (01:08:57):
Which area of the country, Katie, do you think would
be the most poked but would still listen to me?

Speaker 23 (01:09:05):
Okay, here's mother bones to pick with you, guys, this morning.
One Richard Arnold in that that Fox interview with Kamala
he picked for his audio. He cherry picked a very
he always cherry pick of that interview that was not
represented in that interview. She got a pasting and she
was She was shown up for someone who had literally
no answers to anything, because she's never been in a

(01:09:27):
combative environment with an interview who's challenged her.

Speaker 2 (01:09:29):
Is that, honestly though? Is that what people in well read,
eloquent areas of the country were, goodness.

Speaker 27 (01:09:36):
Sake, that's true. But I think, Okay, Kate, you're right
because I listened. I listen to Richard Arnold. I listened
to Richard Arnold as well, and I just you know,
he's got a particular view on the world. And you
just got a factor that.

Speaker 2 (01:09:47):
And this, and I said this earlier, Tim, I came
at that interview yesterday from a completely neutral position. I
don't care either way.

Speaker 27 (01:09:54):
Yeah, to you, is it the Howard Stern podcast could
be the Howard.

Speaker 2 (01:09:57):
Stern podcast on the Magpie broadcasting. I just think whatever
somebody else in front of me said beforehand, then I
changed my mind. Anyway, The point got out. She I
tried to say this this way. She's never been a
good interviewee ever, so therefore she she didn't do particularly well.
But then again, nor was she going to. But all
that happened, it wasn't. It wasn't the sort of the
slam fest that the Trump just thought it was. It

(01:10:20):
wasn't a train wreck. It was just it was a
back and forward interview in which she didn't perform very well,
because she never does. He asked some questions in a
way that most Americans don't normally see an interview being
conducted in that part of the world. Simple as that.

Speaker 3 (01:10:30):
And it sounds like you and the end of the relationship.

Speaker 2 (01:10:34):
Market, the suburb. Anywhere in the country, you're going to
find people who think exactly the same way.

Speaker 23 (01:10:39):
Oh, for goodness sake, No, she was exposed for the
fraud she is. She has no answers to anything.

Speaker 2 (01:10:46):
I think she's a brand. To pick with you, Katie,
I think something to you this way. I think I
think there is a there is a happened there. You
can see it. I can see it, clean can see it.
We can all see it. What's happened, Katie? I don't
see what.

Speaker 23 (01:11:01):
I'm sticking to it.

Speaker 27 (01:11:02):
Guys, guys, can we bring can we bring it into land?
You've got you've got to spend the weekend together? Can
we What can we agree on?

Speaker 2 (01:11:08):
Actually? I just got a text from my wife's.

Speaker 23 (01:11:10):
We don't talk politics at home.

Speaker 11 (01:11:12):
Wonderful.

Speaker 2 (01:11:14):
I got a text from my wife Tom. I don't
know that we are actually spending the weekend together.

Speaker 23 (01:11:19):
Oh goodness, that's all. There's just some logistics. Don't raise
this on air.

Speaker 2 (01:11:26):
Already.

Speaker 3 (01:11:29):
What are you going to do about it?

Speaker 23 (01:11:31):
If your pastor talks about how he can't talk to
people because he couldn't talk to people because they were
so terrified that anything they told him would end up
on air, you're turning into their person. I think now
when we talk, I'm gonna have to say in this part, can't.

Speaker 27 (01:11:42):
Go on Kate. Okay, what do you mean turning into
he's been telling this years.

Speaker 2 (01:11:49):
When I get home at about ten past nine, you're
going to be in a better mood.

Speaker 23 (01:11:53):
Great, I'm just sort your opinions out.

Speaker 26 (01:12:00):
Yeah.

Speaker 15 (01:12:00):
Yeah, you've had a record number of for goodness sakes
from Kate this morning.

Speaker 2 (01:12:04):
Term even though there's lots of sick people can't come
around to your house.

Speaker 3 (01:12:08):
Do you want to come up for a house.

Speaker 2 (01:12:10):
This sounds sounds so we'll put a sleeping bag in
a bucket. You'll be fired, mate, sounds good. I'll see
you shortly. Nice to see you guys, well some of
you anyway. And apologies to the vast swathes of the
country in which feel slightly left out or insulted by
some of the members of this particular program this morning.
It is eight twenty two.

Speaker 3 (01:12:30):
The misty Racist with the range rovere the laws.

Speaker 2 (01:12:35):
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(01:13:20):
to ninety nine. And remember, stop paying too much at
the chemist Warehouse. Osky, Kate, Lindsay and Mike Kate's gold.
Kate is on point. Kate needs to do Mike's job.
She's better at it. Mike, your wife this morning. She's
the only one with a brain. Mike, I think Kate
should take your show. Kate is bang on, Mike, You're screwed.
Bring on, Kate. She's out shining you like a blinding beacon.

(01:13:41):
Thank God for Kate. She's got so much more sense.
Go Kate, and so it goes now. Channel nine released
yesterday the Australian Media. I mean, awmy, you think our
media is buggered. That Australian media is equally buggered. They've
got problems up the wazoo. From Channel ten to Channel
seven to Channel nine. That huge cold issues within Channel Line.

(01:14:02):
They did sort of an internal report on sexual harassment,
bullying abuse. Punishment Island is what one person called it.
You go to Punishment Island, they sort of pick on you.
It's like a schoolyard, it sounds the report, having read
at least a chunk of it, it's what as it's
an unbelievable place. Anyway, That and other matters, so many

(01:14:25):
other matters actually with Murray Olds. But moments away you're
on the Mike Hosking Breakfast here at news Talks.

Speaker 1 (01:14:47):
The breakfast show you can trust, the Mic Hosking Breakfast
with Bailey's real Estate. Your local experts across residential, commercial,
and rural news Talks had been.

Speaker 2 (01:14:57):
Mike, you spot on as much as I love Kate,
this time on one hundred with you. God, I've got
one at last, Thank goodness. Can we rail weird? I
can't remember the last time correct me if I'm wrong,
call me sheltered, call me as a person who spends
far too much time on the couch and not collecting
acc But I can't remember the last time I saw
an entire company, and a large one too. Saying everyone,
if you'd like some voluntary redundancy. I mean, obviously, when

(01:15:19):
companies go bust, there's nothing they can do. But this
is a company that wants to rejeg. Normally, what happens is,
you know, you call for a few redundancies and a
handful of people in that division, this division and the
next division come out. But all of Kiwi Rail yesterday,
like every single person who works for Qirie Rail, if
you want out, no problem, will write your check. How
weird is that, I'm assuming they're running a thing whereby
if so, there must be someone good in Kiwi Rail

(01:15:41):
who the people who are writing the checks go well.
I hope Brian doesn't volunteer because we're going to have
to keep them because if they well exactly. But I
mean obviously, even in a company like Kwi Rail, there'll
be people you value and when they go, yep, I'm out.
Because in my experience in this industry, it's always the
the you know, the good ones that want to go
because they know full well they can get work elsewhere.

(01:16:02):
They'll collect to check and go find another job on Tuesday.
Whereas it's the ones that know they can't get work
that want to hang around and that doesn't sort of
solve you overall troublem.

Speaker 15 (01:16:11):
To be fair, Brian does love trains.

Speaker 2 (01:16:13):
He does love trains. He's always loved trains. That's always
been with the company for so long. Twenty two minutes away.

Speaker 18 (01:16:17):
From night International correspondence with ends and eye Insurance, Peace
of mind for New Zealand business.

Speaker 2 (01:16:23):
Mary olds as willis, how are you mate?

Speaker 7 (01:16:25):
Michael?

Speaker 26 (01:16:25):
Good morning?

Speaker 2 (01:16:26):
You what I am? We've lost so many New Zealanders
to Australia and that we're breaking records. We got stats
out this week, more records, more records, more records. But
I look at the job mark at sixty four one
hundred new jobs, most of them full time. And as
much as you may wax lyrical about your problems and
the economy, jobs, jobs and the moneys, there aren't they.

Speaker 26 (01:16:45):
I mean, jeez, absolutely, yeah, economists, we're expecting in the
month of September we'd get about twenty five thousand extra
jobs outed to the economy, as you say, sixty four
and a half thousand, and most of.

Speaker 2 (01:16:56):
Them full time.

Speaker 26 (01:16:57):
So look, it's good news. It's good news for all
all those people out there, individuals, families who now have incomes.
They've got pay packets coming in they can pay the bills,
but it's bad news for those who are hanging on
by their fingernails waiting for the Reserve Bank to cut
official interest rates because whileever those rates stay high, so
to do mortgage repayments. And there's a huge chunk of

(01:17:19):
the population that's.

Speaker 2 (01:17:20):
Just just barely hanging on.

Speaker 26 (01:17:22):
And what this big employment number has done, Mike, as
you well know, is probably postponed until at least the
first quarter of twenty twenty five, until the Reserve Bank
moves to cut rates. That will still play into a
government election in May. They're going to bring down the budget,
of course in March. They're going to bring that down
early and set the stage for that May election. And

(01:17:44):
no better way to go into an election with them
with an interest rate cut and lots of people you
know who.

Speaker 2 (01:17:49):
Everyone's got a jobs three point four percent unemployment rate
in the Act. Yeah, well, you know that's probably in bureaucrap.

Speaker 26 (01:17:58):
That's public service heaven down there exactly.

Speaker 2 (01:18:01):
Victoria. A participation rate in Victoria sixty eight point five percent.
It's a record. They've never had more people working in
Victoria's amazing.

Speaker 26 (01:18:08):
Well, don't forget too the participation rate reflects the number
of people who were looking for work. So maybe all
those Kiwi rail people eyeing of jobs over here. And
one other stat to bear in mind, nowhere ever in
history have more than ten million Australians.

Speaker 2 (01:18:21):
Been working exactly case now, yeah, exactly. This c if
emmy youth thing, which we've talked about many, many times
and just continues to fascinate me as to if there's
a single thing that should bring the labor government down,
it's their inextricable link to a bunch of what clearly
are thugs and crooks. And now when this poor bugger,
Mark Irving, who's the case, he's the administrator to try

(01:18:44):
and unravel this particular mess. Now his life's being threatened. Yeah,
a credible threat for the police saying your life is
being threatened. I mean, how bad does it have to get?

Speaker 26 (01:18:53):
So it's like an episode of the Sopranos. I mean,
you know, it's hard to look at this and not
think bloody hell. I mean this is very very serious. Indeed,
for Mark Irving, who has been warned, as you say,
as far as he's concerned, and Irvingston and Winsdory, the
work of the administration continues won't be distracted, won't be diverted. ACTU,
the union organization over here. Sally McManus is the boss

(01:19:17):
of that. She said this week that she's taken steps
to protect her own safety over her pretty tough stance
against the Construction Union. And don't get the Construction Union
is the union that was the center of all these
allegations of standover tactics, bully boys, bikes being employed. In fact,
it was the nine media organization over here that started

(01:19:39):
this with sixty minutes in the nine mast heads, the newspapers,
I mean apparently out in Melbourne, in the gangland scene
down there, bikes are very concerned about losing income because
you know, you would have a union standover man, if
you're building a big development. I'm the union rep. I
bring you up and say, listen, I've got ten of
my mates who are going to come onto the payroll

(01:20:00):
at one hundred k each. Shut up about it or
you'll be trouble. And so that's what's been happening.

Speaker 2 (01:20:05):
It's real way. Speaking of nine actually that report, I
read that report yesterday and your media between seven and
their issues, nine and their issues, ten and their issues,
I mean even the ABC at times. I mean, there's
a lot going wrong in the media in Australia, isn't
there one hundred percent?

Speaker 26 (01:20:22):
You know, I've been over here forty years. It's just
amazing to me. You've always had this sort of culture this,
you know, and you bump into people that at different
pubs or you see them out on the road at
different stories, and all the stories about men in suits,
you know, and they've got all the power the way
that women are spoken about.

Speaker 11 (01:20:41):
You know, they're only there for their looks. You know,
get banged last night?

Speaker 23 (01:20:44):
Are are?

Speaker 26 (01:20:45):
They're supposed to be a jolly great joke And you know,
clearly a lot of these people haven't woken up to
the fact Mike, it's twenty twenty four and twenty twenty
five and a heartbeat and they are just these trouble
that it's still watching the Flinstones with Betty and Varney
even he banging. You know, it's just it's dreadful. And
this culture investigation that was organized and ordered by the

(01:21:08):
New nine Board. Don't forget Peter Costello got shafted because
he bumped in and knocked over a journal down in
Gambu when he was being asked about it. They flicked
the news director of long standing over all sorts of
allegations against him, which he denies.

Speaker 11 (01:21:21):
The brand new female chair ordered this inquiry and more.

Speaker 26 (01:21:24):
You know, it's absolutely it just lifted the lid on
what can only be described as a dirty, big, festering
pit of horribleness. And so you know, when you have
what's the staty Nearly one thousand staff responded to a survey,
and three out of four, two out of three was
saying sexually assaulted, sexually harassed, getting bullied, getting gas lighted,

(01:21:47):
getting white added, something's very very badly wrong in there.

Speaker 2 (01:21:50):
Any sense this report will change it.

Speaker 11 (01:21:53):
It's got to. It's got to.

Speaker 26 (01:21:55):
I mean, you can't have an organization. I mean, who's
going to want to go and work there? When women
get gets gets slagged off on a daily basis. You're
rating on your looks, not on your ability actually breaking
a story. You just think, well, the time's up for
the clowns. He wants to be a female news director reported,
I bet you there's a female.

Speaker 2 (01:22:17):
But then you get the thing about, well did she
get the job because she's really good or because we
had a really bad report. We need to do be
seen to be doing something that's.

Speaker 11 (01:22:24):
Well, I mean, so how do you win?

Speaker 2 (01:22:27):
I don't exactly. Hey, are you no? I just hadn't
got to the bottom of this. Is Charles coming to
your place where you're going to Government House?

Speaker 26 (01:22:34):
Well I've been invited, but I'll be otherwise.

Speaker 2 (01:22:37):
And game chat's always the way, isn't it.

Speaker 26 (01:22:39):
I know, I've got my award winning radio show to
do on the weekend. He may call in, Hello, it's Charles,
Charlie you lovely, lovely. But this is a seventeenth visit here,
you know, seventeen times. I mean, I wonder if he
gets on the plane and Saystibil and the Bloody l
Is they always want me down here. Anyway, they arrived tonight.

(01:23:00):
It's her first visit, is seventeenth. There's a race tomorrow at.

Speaker 2 (01:23:05):
Yeah, you reckon, he's going to go there. He wasn't
supposed to, was he? Or he may be all rumored?

Speaker 26 (01:23:09):
All right, it's the biggest, it's the richest horse sprints
in the Southern Hemisphere, we're told. And there's also on
the program The King Charles the Third Stakes. It's a
group one race.

Speaker 3 (01:23:19):
He may turn up there.

Speaker 26 (01:23:21):
There's some controversy. Of course, the Republicans aren't going to
go whatever. The state leaders are going to scrub the
formal reception in Canberra, but the new South Wales Premier
will be on hand tonight when the King touches down,
and a lot of people are going to be very
excited about seeing him.

Speaker 2 (01:23:37):
Nice to go, well mate, we'll catch up new very
much on Murray Holds out of Australia. By the way,
just one more thing about the war in Australia. The
Australia is going to give another forty nine tanks they
announced yesterday to Ukraine. It's about two undred fifty million
dollars worth there of the Abrams on Abrams the American
built of course, so that takes the total contribution to
the war from Australia to one point three billion dollars.

(01:23:59):
Fourteen to nine.

Speaker 1 (01:24:01):
The Hike Asking Breakfast Fall Show podcast on iHeartRadio powered
by News Talks at.

Speaker 2 (01:24:06):
B where it is eleven away from nine, Mike, what
time is Liam Lawson on television? This weekend? Are Saturday, Sunday,
Monday year days Tomorrow it'll be nine o'clock, eight o'clock,
nine o'clock in the morning. Something like that. Similar time
on Sunday. Race time will be when we're on air
on Monday, given its in Texas and they're currently about

(01:24:27):
what is it there about? Coming up three o'clock in
that particular part of the world to day behind us
our real estate agents. Very interesting stats. I'm seeing the
market move materially at the moment, not huge movements, and
it does depend on where you are in the country,
what sort of property you're looking at, blah blah blah.
But the real estate Authority gave numbers yesterday. There were
fifty eight hundred and ninety three real estate agents at

(01:24:49):
the peak of the market. Currently we've lost a few
of them. It's down two and a half percent. There's
just a bit over fifteen and a half thousand now
just a bit under fifteen and a half thousand, fifteen,
four hundred and ninety seven. If you want to count
all of them, maybe do that this weekend. Could be
fun get around country accunting all the real estate agents.
Not a lot of people do that. Sales volumes were
up twelve point two percent, so that's the encouraging sign.
Average number of sales per agent rose from three point

(01:25:10):
eighty six to four point four to four for a year,
So you're selling four and a bit houses a year.
It's fascinating job, isn't it. What I love about this
job is I materially do things each day. You can
you know whether you love the show or not. And
I mean, you know, obviously most of us love it,
but you can see that you've done something. At the
end of it, you go, what'd you do today? Well,
I did that thing between six and nine on the
radio that lots of people are into. Whereas a real

(01:25:32):
estate agent, when you're selling four houses a year, there's
a lot of days there where you're really sort of thinking,
what did you do today? You go, well, pretty much
the same as yesterday, which was kind of nothing. Every
now and again, four times a year you get to
ga bloody hell solar house there, you go, whoa, and
you do that four times a year. Commission per agent
arose by fourteen point six percent, from one hundred and
seven thousand, eight hundred to one hundred and twenty thousand.

(01:25:53):
Now that's not bad money. If you look at the
average wage in this country, which is seventy ish, you know,
medium wage, average wage, the median way about seventy. I
think from memory anyway, So one hundred and seventy to
one hundred and twenty, there's good money in real estate
on average, and of course the problem with that is
that there are some people creaming it and there are
other people making next to no money at all. So
that's the state of the At the peak, by the way,

(01:26:14):
they were selling one hundred billion dollars of real estate
a year. That's fallen down to fifty four, so in
other words, the market has halved. So it is hard
work getting out there and hustling in the real estate
market at the moment. Nine Away from nine.

Speaker 1 (01:26:27):
On my Costeel breakfairs with Bailey's real Estate Newstalks nd
you it's.

Speaker 2 (01:26:33):
If one weekend starts twenty one hours thirty seven and
is fifty two seconds go lean. A lot of people
saying go Lian this morning. I wouldn't call myself an
air geek, but I am sort of interested in the
airlines and planes in general, and I watch a lot
of videos on But anyway, the best news I've got,
and in fact overall I reckon one of the best
things to come out of COVID is the survival of
the A three eighty. The greatest modern commercial plane in

(01:26:54):
the history of the world, probably the most successful commercial
plane ever invented, and the A three eighty was done
for pre COVID because they'd worked out. There was the
great battle between Airbus and Boeing. Airbus make the A
three eighty. Boeing said, we've got to think called the Dreamliner,
and it will go further. So A three eighty takes more,
doesn't go quite as far, or you can go further

(01:27:16):
with fewer people. So a lot of people went with
the Dreamliner, and including Air New Zealand, and then of
course Boeing decided that they couldn't make planes and they're incompetent,
and then they ended up in front of a whole
lot of committees in the American politics and the rest,
as they say as history, as a result of COVID.
Of course, everyone went right, we're ready to fly revenge
travel please, and they needed seats fast. So where do
they go for those seats? They went to the deserts
and they pulled their A three eighties out inmirates announced

(01:27:38):
yesterday they're having the biggest referb because countbin any new planes.
Of course, because Boeing is useless They've announced the four
and a half billion, biggest in aviation history, four and
a half billion dollar referb of all their A three eighties,
which is going to take them to the marketplace until
twenty thirty eight twenty thirty nine. In other words, they
have saved the A three eighty for the foreseeable future,

(01:28:00):
which is all good news as far as I can tell,
because if you've never thrown flown on an A three eighty,
you've never flown five away from nine.

Speaker 1 (01:28:06):
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Speaker 2 (01:28:11):
Amazon New Kindles, Oh my god, New Kindles. Got a
new entry level. You got a piper Wine. You got
a scribe, you got upgrades. You're thinner. It's on a zimpic.
You got faster piper Wite. You got new selection of colors. Oh,
color hold the phone Kindle. Colorsoft, first ever color Kindle.

Speaker 24 (01:28:32):
It's been years in the making, but it's finally here.
The color Soft is the same exact shape and design
as the paperway about the much more advanced screen that
can show colors and not just black and white content.

Speaker 27 (01:28:44):
Now.

Speaker 24 (01:28:44):
During the event, Amazon kept telling me what their goal
was for the color Soft. They wanted to make a
color kindle with no compromises. They wanted to make a
color kindle that will live up to the same expectations
you have for a black and white kindle, but also
have that brand new color technology.

Speaker 2 (01:29:01):
How come a screen with colors a thing? How's how's
that kid to be such a big deal? And I
thought we'd invented that like a while back. Anyway to
nineteen two hundred and nineteen dollars. Not the color sooft.
The coloursoft doesn't come until next year because they're kind
of put it on a ship and that'll go via
the Red Sea, and then we'll have supply chain issues

(01:29:21):
and if you're lucky and you say long, you'll be
able to get it for Christmas twenty twenty six. Anyway,
that's enough of us for the week. I'm going home
to what as you all heard, there was a fairly
tense old situation. So we'll see how that goes for me.
Wish me well as always for you, perhaps not me
happy days that

Speaker 1 (01:29:43):
Now for more from the Mic Asking Breakfast, listen live
to news talks it'd be from six am weekdays, or
follow the podcast on iHeartRadio.

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