Full Show Podcast: 19 August 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
New Zealand's home for trusted news and views, the mic
Hosking for Expert with Rangrover leading by example news.

Speaker 2 (00:08):
Togstead Boy was today of the meeting I were in Washington.
The building changes and what they actually mean and when
they actually start. Got some insight from a couple of
company results and what they tell us about our socled
economic recovery. Ryan would another one of these young kiwee
rock stars from Supercows with us after right Catherine Field
and France Ron Lidtle is in Great Britain. Prosky, Welcome
to the day, fourteen past six. Do you note the

(00:30):
irony of the course from Auckland to Wellington for Wellington
to do something to help Auckland. This all started the
other day when the employment stats came out. They were
not as bad as figured, of course, if you remember,
five point two percent instead of the expected five point three.
Auckland though in a basket case all of its own
six point one massive increase, worst of any region. So
the Maya wants a bed tax. The head of the
Chamber of Commerce wants central government help, which was part

(00:51):
of the irony because the head of the Chamber of
Commerce used to run the party that currently runs the country,
of course, and the beleague at heart of the city folk.
They want central government help as well. Part of the
reason Auckland has ended up in the state it has
is because the people who run Auckland have overseen one
of the most destructive periods of isolationism. I've witnessed in
my lifetime. I've been given while I've been lucky enough
to live in four main centers. I come from christ Church.

(01:13):
I see what a city on its knees can do.
I mean, yes, with the help of central government. But
then what got them on their knees wasn't Wellington's faulter
indeed anyone. Wellington is in similar shape to Auckland, hit
a little harder, I guess by the public service knife
last year. But you can hardly call the local council
cutting edge. You're organized, or professional or forward looking. It's
a dysfunctional mess, which makes auld kind of a unique

(01:34):
I suppose. I mean the council don't fight like Wellington,
or if they do, they keep it on the delo.
But the artworkings of their ideology has seen the biggest
cities downtown area basically destroyed. Auckland is a pre planned
disaster between the cones, the lanes for anything but cars,
the lack of parking, the resulting clog traffic, the lights
that aren't FaZe, the crime, and the closure of the
businesses that couldn't get a customer to the door because

(01:55):
the CRL is years late and billions overdue. All of
it was predictable, though was defended. All of it was
sold as the big, bright new thing and the brilliant tomorrow,
and yet all of it turned out to be a
desert with tumbleweed and an attitude to match. And now
having watched it all unfold, they want Wellington's help. They
hate Wellington unless it comes with a checkbook. You actually

(02:15):
want them to stew in their own mess if it
wasn't for the fact that one and a half million
of us are also stewing as well, and we didn't
ask for any of it.

Speaker 1 (02:25):
News of the world in ninety six, well.

Speaker 2 (02:28):
Lord knows how it's all going to unfold. But here's
what the bloke from Ukraine's after.

Speaker 3 (02:31):
He wrote on a social media that Russia could only
be forced into peace through strength, adding Donald's Trump had
that strength.

Speaker 2 (02:42):
As far as NATO goes, this is what they want.

Speaker 4 (02:44):
They obviously want the United States involved. The United States
provides certain capabilities that aren't available to anybody else on
the globe, and so that discussion is going to be
a big part of what the Europeans today talk.

Speaker 2 (03:00):
Part of the trouble might be, you just can't slice
up territory because you know you want.

Speaker 5 (03:05):
It legally through the Ukrainian constitution. They can't see sovereign
territory that the president doesn't have authority, that the net's
got blust which is incredibly important to Ukraine. It holds
around seventy percent of Ukraine's vast mineral resources and wealth.

Speaker 2 (03:19):
Whitcarth who pulls a lot of strings, of course, has
an idea of what it looks like we.

Speaker 6 (03:23):
Get to real consensus, we're able to come back to
the Russians and push this piece steal forward and get
it done and start.

Speaker 2 (03:31):
The killing Stama.

Speaker 7 (03:33):
Well, this is what Damas is hugely impacted. The Ukrainian
see suffered hugely, but it's also to Europe. It's impacted
every single family and community is united King built and
so everybody wants it to end.

Speaker 2 (03:49):
Obvious is that what he done. The other thing they're
keeping an eye on. By the way, in the States
at the moment is Erin, which is the big hurricane
of the season.

Speaker 8 (03:55):
We may not even get a drop of rain from
this hurricane, but bore, these beaches are going to be battered.

Speaker 9 (04:00):
If you're going to the beach.

Speaker 8 (04:01):
The next several days between Jersey and Florida. Here the
lifeguard warnings, just be safe. We don't want anybody to
lose their lives because of the surf and the rip currents.

Speaker 2 (04:10):
Finally, new words. This is from Cambridge Dictionary. They're adding
six thousand of them to the language. It's evolving the
old language. Skibbity, skibbity, skimmity, liberity, liberty, No, Delulu tradwife,
roligarchy is my favorite. Skibbity, by the way, means cool
or bad. De Lulu short for delusional. You are delulu

(04:32):
tradewifey surely you know that. And roligarchy is bro and oligarchy.
And that is news of the wo wo in line.
See where it tell you what's being ignored this morning
because of what's happening in Washington is a I think
they got a piece of deal in the Middle East.
So her master is reported has agreed to the proposal
from the regional mediators, the regional mediators of course, being

(04:53):
Egypt and Guitar, that we've got a cease fire and
a hostage release. It comes out of the whit Cough plan.
So it's a two age deal. So this was Whitcoff's
idea mass free half of the fifty. This fifty remaining,
they think twenty of them are still alive hostages we
speak of, of course, So they released half of those
in two stages during a sixty day temporary truce. During
that time there's going to be negotiations on the permanent

(05:15):
ceasefire and the Israeli troops withdrawal. So that's where we're at.
Has of a couple of hours ago, twelve pass six.

Speaker 1 (05:22):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio Power
by News Talks EB.

Speaker 2 (05:30):
Bolivia. I've been telling you about that for the last
couple of days. So the vote was held yesterday. It's presidential,
it's vice presidential, and some of the Congress seats. But
the big one is it looks like for the first
time in twenty years, they're going to elect a center
writer or a right winger, the two people they thought
were going to do well. Did they came one and
two Because of the lots of candidates, some one got
fifty percent. So they're going to go back in October
for a second round. But change is coming to Bolivia.

(05:53):
Fifteen past six Joe my Wealth Andrew callahag good morning,
very good morning. Now the green shoots have come to
a great, big grinding hole because I'm looking at forty
eight point nine and that's not what it needs to be?
Is it yet?

Speaker 10 (06:07):
No?

Speaker 11 (06:08):
But I'm not so sure. So busy week this week,
isn't it? My coming is reporting week? Lots on then
you got to you throw in the rbn Z. You
got that Jackson Hole conference towards the end of the week,
Global happening. It's busy time, lots of important stuff to
talk about. Happy days for us, really, isn't it now?
The services sector yes, so Fray, We've got the update
on the manufacturing sector which was a positive freed so

(06:31):
that sector expanding, It was very welcome to see. But
arguably the service sector in New Zealander is you know,
it's bigger, it's a much larger part of GDP the
manufacturing sector. Unfortunately, Yes, the services sector is still in
the doldrums, but look at direction of travel. It's not
as deeply in the doldrums as it was last one.

Speaker 2 (06:50):
So the headline number.

Speaker 11 (06:51):
Print of forty eight point nine, so it's an improvement
from June of one point three points. Moving in the
right direction.

Speaker 2 (06:58):
Yeah, yeah.

Speaker 11 (06:59):
I hesitate to point out though, that the long term
average is fifty two point nine. And if you look
back in May, this was at forty four point three,
which was really grim seventeen months since the survey indicated
that these service sector was expanding seventeen months. So it
does point to this a kneemic economy that we've had,
you know, sort of trying to recover from that post

(07:19):
twenty twenty one.

Speaker 2 (07:20):
Sugar rust boom.

Speaker 11 (07:22):
Look at the SUTHER indexes activity sales forty seven and
a half, new orders unchanged at fifty, but employment and
this is a this is a sad number, forty seven
point one, twenty consecutive months of contraction and that measure.
What's interesting, Mike is that globally the services sector has
been much stronger, So we're out of step on this.

(07:43):
JP Morgan Global Services Sector fifty three point four. However, Mike,
you talked about the green shoots. In the commentary, this
is the BN said Business New Zealand PSI. The b
AND said noted that we are accumulating early signs of
life in the economy. So you had the anzet tra
cometsal last week. There were some bits of that that

(08:04):
were okay. Card transactions the PMI, you know, is the
tide turning?

Speaker 12 (08:10):
Are we there yet?

Speaker 11 (08:12):
Are the green shots there? Well, we're flirting with it,
so we're going to have to next couple of weeks
cross your fingers.

Speaker 2 (08:18):
Hopefully we can see more stuff. When in doubt, there's
always up. Freightways, Yeah, that's right.

Speaker 11 (08:23):
So yeah, lots of company results this week. We can't
talk about them all. I think you're gonna talk to
Contact this morning and then convey to the honey industry.
So good news there, freightways. I guess this is in
support of the sense that the tide is turning so fully.
Results look pretty good. Net profit up twelve point nine percent,
the earnings were up six point three percent, Revenue up

(08:45):
six point six percent to one point three billion, So
those are good numbers. And yes, you recognize the brand
express packages things like New Zealand couriers out at Express,
they've got the refrigerated business Big Chill now as well
does have exposure across the Tasman and relatively stronger economic
conditions over there have helped this result. The result was
very much in line with expectation, maybe a smidge and below,

(09:08):
but you do get this sense that the demand side
of the equation is getting a little better. So they
said a modest improvement in volume over the last six
months and they would expect this build to build momentum
into the twenty twenty six financial years. So that's the
improved network parce of volume growth. So Express packages up
twelve percent, so sort of sort of supporting that Green

(09:31):
shoots there as well.

Speaker 2 (09:32):
Yeah, okay, and what about a two. I mean they're
not sure to cash are they?

Speaker 11 (09:36):
Man a billion dollars on the balance sheet?

Speaker 12 (09:38):
Have a look around.

Speaker 11 (09:39):
What are the companies have got in New Zealand have
got a billion dollars on the back on the balance sheet,
strong operating result yesterday, Mike. This is their financial year
twenty five, but all the focus was on their deals.
They're buying your Shill's New Zealand processing plant and pok
and over two hundred and eighty two million that's right
next door to the sinile plant, so there are two

(09:59):
plants Pocono at the same time. They've sold Matara Valley
Milk to Open Country Dairy. The first bit, the purchase
that was probably expected. The second bit, second bit was
a little bit less less expected.

Speaker 2 (10:11):
I guess. Now.

Speaker 11 (10:12):
The thing about these chili plant, Mike is it's registered
to provide China label product into China. So you buy
it and you get the regulatory approval. It creates a
growth runway for a to milk. They're going to invest
further money to plant. They're going to employ one hundred people,
as I say, one hundred million coming in from Matara.
Assuming they get the regulatory approval for those China label

(10:33):
registrations and the Matara deal goes ahead, they'll return three
hundred million in special dive into shareholders. The market's pretty
happy with a two mic despite that tough market in China.
Share price up twenty three cents yesterday two point six four.
It's sort of climbing its way back. Remember hopefully back
to ten bucks at some point.

Speaker 2 (10:50):
Good, good, good. What are the rest of the numbers?

Speaker 12 (10:52):
Dal Jones?

Speaker 2 (10:53):
The US market's are a little soft.

Speaker 11 (10:54):
Dow Jones down as I look at point one five percent,
the S and P five hundred is down point one
one percent, and the Nasdaq down point one two percent.
Twenty one thousand, five hundred and ninety six. There the
Forts one hundred gain point two percent overnight nine one
five seven, the Nicke up three cores of percent four
three seven one four, the Shanghai compset up point eight

(11:16):
five percent. Good numbers in Asia three seven two eight.
The Aussi's yesterday lost point two three percent, closing at
eight nine five nine ins nets fifty, helped by results
yesterday up eighty one points point six three percent. Twelve thousand,
nine hundred and seventy key week against the US point
five nine two oh point nine one two two OSSI
point five seven sixty Euro point four three eight two
against the pound eighty seven point four.

Speaker 2 (11:37):
Nine Japanese en gold.

Speaker 11 (11:39):
All the threes three thousand, three hundred and thirty three
US dollars and Brett Crude sixty six dollars and forty
seven cents go well.

Speaker 2 (11:46):
Andrew Kelleher joemoal dot co dot m Z. The word
with freakway shortly conveted by the way which Andrew mentioned
Mark Stevens PDL, the Stuart family Marker and Stevens Mark
Stewart of the PDL, they've had a crack. He runs
a company these days called Florence, which I have know
a little bit about because it mate works for them.
They're on the go, so they've made a bit for
Competa fifty six point four million. Board seems to like it.

(12:08):
Will talk Honey later on in the program as well.
Six twenty one, you're at News Talks. There'd be.

Speaker 1 (12:21):
The Vike Hosking Breakfast Full Show podcast on iHeartRadio powered
by the News Talks it be.

Speaker 2 (12:27):
I suggested on the program last week that we basically
wasted the week waxing lyrical about the prospect of standing
up and recognizing Palestine as a statement was confirmed yesterday
that Australia, who are going to do it? Of course,
no one in Australias particularly interested. Pole came out thirty
six percent do not believe that recognizing Palestine would affect
the situation in the Middle East. Of course it won't.
Twenty five percent thought it would say they're delusional, but

(12:48):
twenty five percent three yeah, it's a tiny number. Twenty
four percent supported the proposition that Australia should recognize Palestine
at the UN meeting, regardless of who's empower thirty two percent,
so they believe Australia should wait until Hamas has removed.
Twenty four percent said they did not support changing Australia's
current position for not recognizing Palestine. Labor, but even labor

(13:09):
voters or eavingly split. So when you look at it,
no one's really that interested in it, knowing full well
of course that it's all symbolism six twenty five trending.

Speaker 1 (13:18):
Now with one square house, you're one start for Father's
Day fragrances, so it's recognizable.

Speaker 2 (13:28):
You listen to this, would you go, oh, yeah, I
know what this is about. Our old mate Sarah Jessica
Park has been talking to the New York media about
the wrap of and just like that, I watched the
last one as a two party. Finally other day I
watched that. You can't remember when to watch it must
have been last week. Anyway, the series ended, and the
finale has been widely panned, with many saying it will
go down as one of the worst TV endings of

(13:48):
all time, which simply isn't true. That's just bored people
who've got nothing better to do with their lives. It
wasn't great. I mean, don't get me wrong, it wasn't great,
but it's certainly I can name a lot of things
that have been worse on television when you're talking about
all the time. Anyway, she did an interview and she's
asked about people who hate watched the show, and she says,
and this is why we like it. I don't think

(14:09):
I have the constitution to have spent a lot of
time thinking about that. I guess I don't really care,
which is the best way to be. I don't really care.
And the reason I don't care is because it has
been so enormously successful and the connections it's made with
audiences has been very meaningful. The woman realized she wasn't alone,
she was on her own. That's the key line at

(14:29):
the very end, because she's writing a book. If you've
never watched the program, I won't bore you with it.
But anyway, she's writing a book and she comes to
the conclusion once her relationship is ended, and it had
to end because the guy was an idiot, and you
couldn't you couldn't work out why she was with him,
because such a smart woman was with a Dufus And
so in her book, she goes the woman realized she

(14:51):
wasn't alone, she was on her own. I still love her.
I love her more than I love the show. That's
probably my thing.

Speaker 9 (15:00):
Did you make Kate watch there? Or did she make
you watch?

Speaker 13 (15:02):
Oh?

Speaker 2 (15:02):
No, Katie loved it. Katie and I are on the
same page on this right, Let's talk New Zealand Inc.

Speaker 3 (15:08):
After the news, setting the agenda and talking the big issues,
the Mike hunting breakfast with Bailey's real estate altogether better
across residential, commercial and rural news talks.

Speaker 2 (15:20):
D be what we've been shortly and obviously Catherine and
Paris is so watching very close list of what's unfolding
at the White House as we speak twenty three to
seven reporting season back here. Although it's got to review
mirror vibe about it, of course, it is a good
look as to how our economy is moving or not. Freightways,
as always star of the show, they've seen that profit
up twelve point nine percent. Revenue also rose up six
point six percent to one point three billion. Mike tro

(15:41):
here is the Freightways CEO and is backward this make
very good morning to you.

Speaker 13 (15:46):
Yeah, good morning, Mike.

Speaker 2 (15:47):
You'd be pretty happy.

Speaker 13 (15:49):
Yeah, look, really good result for our team. I think
they've they've done some pretty hard work over the last
couple of years and really neat to see it come
out in a full year result.

Speaker 2 (15:57):
Your individual company's careers post Taste, Big Chill, Do they
vary widely in performance at any given time or do
you give them all the same treatment therefore they roll
along the same They.

Speaker 13 (16:08):
Can vary a little bit, so Big Chills finding it
a little bit harder at the moment because they deliver
a lot of premium food into restaurants, cafes, hospitality, and
so you're not really seeing that sector recover. So yeah,
they're struggling a little bit more than say New z
In couriers or post haste that are delivering e commerce
and business to business deliveries.

Speaker 2 (16:28):
What do I look at in your result and what
does it tell me about the broader New Zealand economy
of anything.

Speaker 13 (16:35):
We've got a key measure where we look at all
of our existing customers and we see how well they're trading.
And for the last two and a half years, it's
like we've been riding into a bloody headwind, so they've
been trading down for two and a half years. In
the last six months there's just a sliver of growth
amongst those customers. So that's really the green tinge. I

(16:56):
don't know if it's a shoot, but the green tinge
that we're looking for is those customers just doing a
little bit better.

Speaker 2 (17:01):
NBR has got a headline this morning. It says you
are the guide to the start of the New Zealand
economic recovery. Is that fair?

Speaker 13 (17:09):
Look, we're a more diversified business these days. About a
third of our revenue and earnings come from Australia. But
if you do look at those courier businesses and the
customers there, there's about fifty thousand business customers, so there's
a pretty good cross section of New Zealand and I
guess we feel just a little bit of a turnaround.
I've been through three recessions of this business and they're

(17:31):
all a little bit different. But I think with this one, yeah,
we might have just broken the back of it.

Speaker 2 (17:35):
Good express package volume zero point four compared to Australia's twelve.
Is that just the tale of two countries and economies.

Speaker 13 (17:43):
Oh, taiale of two different niches. Really, the business we
have in Australia's picking up a lot of market share,
does a really good job in a niche. Their customers
are growing really well, which is not really symptomatic over
the Aussie economy. It's just that they've got some customers that.

Speaker 14 (18:00):
Are doing a bloody good job.

Speaker 13 (18:01):
So yeah, you can't really read New Zealand Australian colomy
into those two numbers.

Speaker 2 (18:06):
I get you back here in November December? Do you
tell a more positive story of New Zealand? Will the
shades of whatever you were talking about, the actual shoots
or you know, more you have the.

Speaker 13 (18:16):
Green tingers grow cimeters? Yeah, I think we will, Mike.
I think it'll keep improving from here on out. I'm
not sure it'll be quick. I don't think it'll happen
in a great rush, but I think there'll be a
very very slow sety improvement from here on.

Speaker 2 (18:29):
Great, great stuff. Congratulations again, appreciate your times always. Maktro here,
who's the freightway CEO with us this morning? Mike Collins
finally apologizes for spreading an accurate information regarding teacher pay.
Perhaps ZIB might also highlight this fact instead of trying
to justify her statement. Andrew, you're being too aggressive, but
you're not wrong. More shortly twenty two the.

Speaker 1 (18:51):
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News Talks a.

Speaker 2 (18:56):
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and eight fask. So they're all meeting, they're all behind
closed doors in Washington. At the moment before they did that,
they did a bit of yellow chair stuff. So Zelenski
was back in the yellow chair with Trumpy and somebody
asked him about whether they were going to hold some elections.

Speaker 12 (20:24):
Well open for an action.

Speaker 15 (20:26):
Yes, we have to do safety circumstances and a little bit.
We need to work in the parliament because during the
war you can't have election, but we can. We can
do security. We need maybe how to say we need.

Speaker 16 (20:41):
A truth yes, everywhere in the battlefield, in the sky,
and to see yeah, to make it possible for people
to to do democratic open the legal legal elections.

Speaker 6 (20:53):
So you say during any during the war, you can
have elections. So let me just say three and a
half years from there. So you mean if we happen
to be in a war with somebody, no more elections.

Speaker 5 (21:08):
I wonder what the.

Speaker 17 (21:11):
International correspondence with INSI eye insurance, peace of mind for
New Zealand business and.

Speaker 2 (21:16):
Lucid getting on BIBB than they were last time. Catherrin's
good this morning, Catherine, good morning, Mine. What's at stake
for Europe apart from everything.

Speaker 18 (21:24):
Pretty much that you've got the wedge being pushed between
Europe and the Americas, which wuld cause Vladimir Putin loves
it would also bring about enormous divisions within the NATO
military alliance. So you've got that at stake, and I
think really just about twenty four hours ago, French President
Emmanuel Macron came out with a statement and said, look

(21:47):
back in nineteen thirty nine, people were saying, what do
we care about chechos of ourkare, what do we care
about Poland.

Speaker 19 (21:53):
It's a long way away. So it does matter.

Speaker 18 (21:55):
These things matter, and they matter in more ways and
people's lives then you really want to know about.

Speaker 2 (22:01):
So how does this thing on? I've got a million
different questions for you, not least of which is Zelensky
is in no position to agree to anything today. Europe's
in no position to agree to anything today other than
to make a few nice words. Go back to Europe,
and I assume deal with a whole bunch of parliaments.

Speaker 18 (22:16):
Yeah, well, this is what they're saying. In public, they
are saying we are there to as a unified block
to support Zelensky, to stand behind him defend his red lines.
In private, though, Mike, they are saying that they are
there to contain as much as possible Donald Trump and

(22:37):
Vladimir Putin.

Speaker 19 (22:38):
That's what they're going there for.

Speaker 18 (22:41):
Everything else, Yeah, they could hope to hear that Donald
Trump will give support to possibility of US troops as
part of the security guarantee. Essentially, Mike, they are there
playing for time, trying wherever they can to not let
this go too far.

Speaker 2 (23:00):
Tell me why this wouldn't happen. They come out of
all of this and Europe, although still backing Ukraine, would go, look,
we put billions into this, give them a little slice
of the right hand side of your country mate. We've
got the security guarantees and let's get on with life.
Why won't that happen.

Speaker 18 (23:19):
That won't happen because there are so many other instances
when it has.

Speaker 19 (23:23):
Happened and they've just wanted more.

Speaker 18 (23:25):
What everyone is saying, and it's not just the Lensky,
it's also NATO member nations are saying, if they give
him that little sliver of Ukraine they given the Dombas,
then that is a springboard for future incursions into Ukrainian territory.
And you just look at areas where the Russia has
had a little slither of land, for example Tresnistia in Moldova,

(23:48):
halfway between you know, Moldova and Ukraine.

Speaker 19 (23:52):
Enormous unrest there. It has never been a stable area.

Speaker 18 (23:56):
You look at other areas, Georgia in the Causes, You've
got Georgia U You've had Russia invaded there. They've taken
Abhazia at South Assetia. They've also continued to destabilize Georgia.
What they're saying is this is an example of what
happens if you give him just a little sliver of land,
you don't get any peace.

Speaker 2 (24:14):
I've just watched the photo opportunity. They're all there now
and they're just doing the little snapshot and they're going
in for a meeting. Is anyone in charge of the Europeans?
Who's the boss there? I mean? Or is it just
a whole lot of voices in the room.

Speaker 18 (24:26):
Everyone seems to have divided up the responsibility.

Speaker 19 (24:29):
I mean, you look through it.

Speaker 18 (24:30):
There are some strange people there. Has understood the Finnish president.
He's there because a they've got a very long border
with Russia and they've had a war against Russia, so they.

Speaker 19 (24:41):
Didn't know the Russians very well.

Speaker 18 (24:42):
But he has become a bit of a golfing buddy
with Trump, so he's been brought along for that. You've
got Bloni there, the Italian Prime Minister that she's known
as a Trump whisperer, but she's also very big Atlantic,
says she believes in Europe, she believes in the Transatlantic Alliance.
You've also got the UK Prime minister Starmer he's there.

(25:03):
He's got in his pocket that invitation to Trump for
a state visit, which he knows Trump wants. You've got
Macron there, who talks exactly what Donald Trump wants to hear,
which has been the financial burden of war. And then
of course you've got the German Chancellor Freddie Matz. He
has been very strong. He's been saying, look, even though

(25:23):
the devil is in the.

Speaker 19 (25:24):
Detail, let's just remember.

Speaker 18 (25:26):
And he told this's remember back in June twenty twenty
five at the G seven when Trump said that it
was wrong that Putin was not part of the G
seven anymore, and Matz came out and publicly said, look,
the G seven is not a format for warlords of
war criminals. So Matz is going to bring that along
his tough talking, and of course he's going to go

(25:47):
back and he's going to be reminding Donald Trump that
his grandfather was born in Germany. So everyone's bringing something
else to the table, and they're hoping.

Speaker 2 (25:56):
That that winns the day beentestic into like Catherine Wild
and Catherine Field out of France. This morning, we watch
and we wait to the seventh.

Speaker 1 (26:04):
The nighthosking breakfast with Rain thrown used talks dead beat.

Speaker 2 (26:08):
The White House dining room all sitting round the table
and just before they start this is Trump Live. We
got them or not?

Speaker 9 (26:22):
Well, thank you very much.

Speaker 6 (26:24):
It's a great honor to have you here. Special place,
White House is special no matter where you're from. Represent
so much and it truly is beautiful. And thank you
for all of the wonderful things that took place today.
We've had a very successful day thus far, important discussions
as we work to end the killing and stop the

(26:45):
war in Ukraine. We're all working for the same goal,
very simple goal. We want to stop the killing, get
this settled. I've just had the honor of being with
President Zelenski and all of the discussions that we've had,
we covered a lot of territory and I spoken directly

(27:06):
with President Putin today. We're gonna call President Putting right
after this meeting. I'm sure we're gonna have a solid meeting,
good meeting, maybe a great meeting.

Speaker 2 (27:15):
And so what he's saying, just to bring you up
to speak with all of this. He's met with Zelensky,
he is now about to meet with all the other
European leaders. They've just done the photo opportunities that they
do the press have the meeting, So he did the press,
did the meeting with Zelensky. He's done the press and
is about to have the meeting with the European leaders.
The fact that Zelenski's still there, I guess is a

(27:35):
good thing. And there's a lot of smile, so the
vibe seems reasonable. If they get anything out of that,
they then get putin on the phone and then they
will go from there. So as I'm saying, we watch
him wait five minutes away from seven.

Speaker 1 (27:47):
All the inns are the else it's the fizz with
business fiber take your business productivity to the next level.

Speaker 2 (27:55):
Sort of the light they've given it is Trump, the
administration of the terrorists. We've got to report this morning
on Fox from the Joint Economic Committee Minority, they say
the tariffs could slash US manufacturing investment buy as much
as eight hundred and twenty five billion dollars by twenty
twenty nine. So that's not good. That would be a
thirteen percent drop in manufacturing investment. So what's going on here?
As they think businesses can defer or may defer key

(28:17):
investments because of trade uncertainty. So you get neufactories, plants,
production facilities, research development, buying, advanced manufacturing equipment. None of
it happens because you're going, I don't know what's going on.
The report drew comparisons between tariff ambiguity and brixit and
the UK's experience with that. Numbers are based on projections
from the Congressional Budget Office back in January. Now they

(28:38):
acknowledge those numbers could be slightly out of date because
First Floor and the reporters Wallstree hasn't reacted the way
many people thought. Initially, Wallscrey went what the hell? And
then they've sort of bounced back. It says even if
trade fears were sold immediately, the turmoil businesses face in
just one month, and they look at a month of
April could still lower investment by an average one percent

(28:59):
annually through the twenty twenty nine that's equal to about
forty two point two billion dollars in lost manufacturing spending.
So the whole trade tariff story has yet to fully
play out, because of course it hasn't hit the US
economy full tilt as yet. So back to Washington, Lauren
to Marci is working with Channel nine. She's there, she's
in the room, so she's observing what's going on. So

(29:21):
we'll get the update from her shortly see whether this
goes Chris Pig yesterday, they keep saying things like this
is the biggest change in twenty years. That's really only
applicable because we haven't done anything in twenty years. So
I'm not really sure what he announced yesterday, which is
basically spreading the responsibility for people who build bad buildings.
But then my first question is surely going to be
do we still build bad buildings? Having built so many

(29:43):
bad buildings and had the leaky building fiasco, did we
not learn anything? Therefore we don't build bad buildings, therefore
we don't need the change of roads. I'll ask that question.
And from Supercars, another one of these up and comers,
twenty one year old Ryan Wood is having the season
of his life. Ryan Wood's with us after eight o'clock meantime.
Here's this next on the MIC hosting breaks.

Speaker 1 (30:03):
The Breakfast Show, Kiwi's Trust to Stay in the Know,
The Mic Hosking Breakfast with A Veda, Retirement, Communities, Life
Your Way News, togs.

Speaker 2 (30:13):
Head be seven past seven. So in a place that
holds a lot of important meetings, today seems bigger than most.
Of course, half of Europe's leaderships at the White House
as we speak, in support of the Ukrainian president. The
plan seems to be a security guarantee from Russia, but
no NATO for Ukraine a chunk of land, and for that,
apparently the war is over. It seems at this point anyway.
They're all sitting around the dining table. It seems at
this point anyway, there will be some sort of trilateral.

Speaker 15 (30:35):
We will discuss on the level of leaders during trilateral meeting,
and President Trump will try to organize such meeting.

Speaker 19 (30:45):
And he said that he will come or not come.
Ukraine will be.

Speaker 15 (30:50):
Happy if if you, if you, if you won't.

Speaker 12 (30:53):
Be there, I will be there. Yeah, yeah, thank you.

Speaker 9 (30:55):
And I think this is very important.

Speaker 2 (30:57):
Okay, So it's good vibe so far. Lauren Tomas his
Channel nine US correspondent. She's at the White House and
is with us. Lauren morning, Good.

Speaker 20 (31:04):
Morning to you, Mike.

Speaker 2 (31:05):
What's the vibe.

Speaker 20 (31:07):
Look, it's been really interesting today because coming in this
we knew that the tone and tenor of this meeting
was going to be so critical for Ukraine, and overall
it has been really warm so far. Vladimir Zelenski arrived
here interestingly he was actually wearing a suit coat, which
may seem inconsequential, but last time he was wearing his
standard military fatigues and that's something Donald Trump took issue with.

(31:28):
And he commented today, the US President, that he was
looking nice. As he got out of the vehicle, they
kind of gave each other a pat on the back
and then went into that Oval Office meeting. And certainly
it was much more friendly inside the Oval Office as
reporters asked questions. But look, one big thing is we're
not looking at a ceasefire now. Donald Trump says he

(31:48):
wants a peace steal and that is much harder to obtain.
And Donald Trump says that the fighting will keep on
going until they obtained that peace deal.

Speaker 2 (31:56):
Watching them sit around the dining table at the moment,
this is all playing out the world to see. And
I assume at some point they're going to go behind
closed doors. Zelensky's been behind closed doors. The fact it
still seems friendly, I guess, is a good sign, isn't it.

Speaker 17 (32:10):
Yeah.

Speaker 20 (32:10):
Really interesting so that they weren't actually inside the Oval
Office alone for that long, perhaps around forty five minutes
or so, And we don't know if Zelensky had the
opportunity to brief his European colleagues and allies ahead of this,
this big meeting with Donald Trump. But certainly it seems
very I don't know how to call it chummy if
you like. I mean. Donald Trump was commenting and saying

(32:33):
that the German Chancellor's tan was looking very good. So
it's a room full of friends, is the appearance today,
and that certainly, you know, it is a good thing
for Europe who has come into this supporting Zelenski because
they know that the security of Ukraine will have ramifications
on Europe.

Speaker 2 (32:51):
The tangible out of today must be a trilat, I'm
assuming because none of them is in any position to
make cast iron guarantees have got to go to to
parliaments and countries, don't.

Speaker 20 (33:01):
They exactly right, And that's something that Donald Trump appears
to be making progress, or so he says, making progress
on and that's the next big things to come out
of this. But of course then you look back to Alaska.
Donald Trump going into that said the next meeting would
be the important one, and we expected to see that
trilateral meeting faster, and now we don't yet have a date,

(33:22):
a day, a time, a location for the trilateral meeting.
But Donald Trump did say that Vladimir Putin is expecting
his call as his meetings here at the White House
wrap up.

Speaker 2 (33:32):
Fantastic, Lauren, appreciate it very much. We'll stay in and touch.
Lauren to MARSI, who's channel lines US correspondent at the
White House this morning, Tim minus past seven. I scared
you have to remind you, get right, they're sitting around
the dining table at the White House at the moment,
it's all in public view, and they're just it's all
it's all hot air at the moment. I mean, there's
going to be some business done behind some closed doors.
And then at the end of that we get the
Putin phone call. I'm assuming they go back to Alaska

(33:55):
for a trilateral though, why wouldn't you They probably hadn't
packed up from the other day. Anyway, We'll keep you
post back home. More change for housing and construction. Couple
of key changes. Councils will no longer be the last
checkbook standing if things go south, Developers, builders, potentially owners
will carry more of the responsibility. Chris pink as the
Building Construction Ministries with US. Good morning, Moning, Mike, how
much of this still goes on? How many people are

(34:17):
building bad buildings that will come back to bite us? Therefore,
how much do we actually need to change these rules.

Speaker 21 (34:23):
There's not a.

Speaker 22 (34:24):
Lot of that activity going on, but we do need
to change the rules, partly because it's the fear of
that in every case that makes the council so risk averse.
So that's a lot that's got to blame for the
delays that we see. So without the Fickture hanging over
the council, they can get on and do your job
in a way that reflects a proportionate risks that they take.

Speaker 2 (34:43):
The proportionate liability that you talked about yesterday, and the
fact it's been in Australia for decades, why haven't we
done it?

Speaker 22 (34:51):
I mean a number of people have talked about it
for many years, that all commissions written a couple are
very long and where their reports. I'm not sure how
many people have reasen but things for me and O
brainer including because they do it over the other side
of the tessment as you say, so are we just
think it's time to get on.

Speaker 2 (35:05):
And do it. And how do you work out proportionality?
Because here's the problem. I get consent, I'm starting to build,
the council comes down, the council looks, the council ticks
it off. Turns out to be a crap building. But
the council signed it off. So that's the council's fault,
isn't it.

Speaker 22 (35:19):
Yeah, I mean you're failing for you. That case might
be that it might be fifty percent libel for the
designer or the architecture and fifty percent for the council.

Speaker 2 (35:27):
So I mean, but who would decide that?

Speaker 22 (35:32):
How a court does? A court does so, and they
are portionate all the way through as long as the
number adds up to a hundred percent liability, so that
the homeowner or the other building owner isn't less carrying
in the camp?

Speaker 2 (35:43):
Am I on the hook as of the homeowner at
any point? And who decides? And how do we decide that?

Speaker 22 (35:49):
Yeah, you're not on the hook because you haven't you know,
you're not to take the blame for the design or
the workmanship. The only question I think we do need
to answer is what the consumer prefection measures are there
fit alongside that, because what we don't want is you
is the homeowner to have work that's done poorly and
do you want to see or have responsible for you know,
it's just been twenty percent whatever for the cost of

(36:13):
some of the defects by a trade who's up and gone.
And that's why we're looking at our measures like whether
we have professional and given any insurance to be compulsory
for architects and engineers and other insurance and guaranteed games
that already exists. Maybe we sort of lean on those
a bit more.

Speaker 2 (36:29):
The other piece of work, the sharing of resources with counsels.
Are they into this? Are they cooperative or are you
going to have to bang heads?

Speaker 22 (36:37):
No, they are into it. It's precisely because they have
asked for that. Of the different range of options that
we put to them over the last year, this is
the one that they say, we're ready to go, we
want to do it, we want to share the resources
that helps us out, Please do it.

Speaker 2 (36:51):
And so we are so in totality. Once you've got
all of this in place, and you've got your pink
bats and you're building products and your new paperwork and
your garden sheds and all the stuff you've done, how
much difference do you reckon you've made?

Speaker 22 (37:04):
Well, we think it will make a big difference if
you add all those up. You know, none of them
in itself we would claim as a silver bullet. And actually,
of course it also goes alongside s freeing up the
land and the resource management rules that Chris Bishop is leading.
So I think when we do all that, you're definitely
downward pressure of prices in a significant way.

Speaker 2 (37:21):
Good stuff. Chris Pink Construction Minister with us. By the way,
related matters sort of our energy system report on that
this morning. We're actually not doing too badly if you
can believe that, I'll work you through that. And ironically
we happened also to be talking to Contact Energy this morning.
Their profits up, it's up forty one percent. So are
you furious at that? You go, how come they're making
that much money? How come I can't turn my lights

(37:42):
on on a cold morning, but they're making up forty
one percent more profit. So we'll go through that as well.
For your fourteen parts.

Speaker 1 (37:50):
The Mic Asking Breakfast Full Show podcast on iHeartRadio, Howard
By News talks that'd.

Speaker 2 (37:55):
Be camera's about to be turned off in the media,
are about to be booted out of the White House
dining room. Then get down to the nitty gritty, so
we'll keep you posted. Obviously seventeen past seven. A lot
of things going well currently, obviously for operators of the
land in this country. But Honey does have trouble, our
largest MANUCA supplier, as we told you earlier completed they
were subject to a takeover bid yesterday. We've got apparently

(38:15):
over supply, inflated prices, global volatility. Now. Karen Costs is
the chief executive of Agriculture in z And as with us.
Karen morning, good morning. Is this a domestic or an
export story or both.

Speaker 10 (38:28):
It's a bit of both, and I think it's really
helpful to give you some context. If I take you
back to twenty nineteen, we had a recall one million
five Today we're just under five hundred thousand in our register.
Beekeeper numbers were at ten thousand and twenty nineteen now
about seven thy six hundred. And at the same time,

(38:51):
we had some really big production years, some honey harvest
year's records, and then unfortunately on the demand side post COVID,
particularly in to our largest markets, for example China, we
saw some real softening of demand that global uncertainty rarely
impacted on our Manuka honey sales exports and that is

(39:12):
our largest export of the export honey by far.

Speaker 2 (39:16):
Is the retail around plan.

Speaker 10 (39:18):
Yes, So I think the key thing is no one
wants to repeat the mistakes of the past. We're going
around the country at the moment talking to beekeepers, talking
to exporters and getting a real sense that the contraction
has happened. It's been very painful, it's very difficult, but
it's a good chance to reset. So we developed a

(39:40):
honey strategy. There are certainly components of that that we
want to reinvigorate. But I think he is having a
unified industry, being able to build a sufficient red litary
framework so that we can take a stronger lead and
how we self regulate around quality and standards, but also

(40:00):
just looking at better industry coordinations. I look at some
of the other sectors, for primary sectors, they have great data,
they have great information that can really inform the industry.
We don't have that, So there are lots of things
that we can do. I will say that there is
an ongoing demand for good quality New Zealand honey, and

(40:23):
in talking to beekeepers and exporters around the country, I
do get a sense that honey is moving, which.

Speaker 2 (40:29):
Is great, fantastic. Well, I wish you the very best
with it. We'll stay in touch. Karen cos who's the
chief executive of Atpiculture News and Ryan Would. If you
don't know the name, you should. He's hot and the
Supercas he's with us after eight o'clock this morning and
they're handed out. I note with interest that they're now
doing the hats. If you follow the Australian restaurants scene,
they do hats. Sydney Morning Herald for the years have
done hats, so you get a three headed restaurant, two
headed restaurant. Anyway, they held the rewards here last night

(40:51):
and they're starting to do those hats, so that's encouraging.
We'll talk to the winner later seven twenty.

Speaker 1 (40:57):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, Call
it by NEWSTALKZIP.

Speaker 2 (41:05):
Now, if you're a sales leader, you know how important
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of this one net plus Grizzly AI your partners in
productivity asking seven twenty four. If Grant Robinson thinks the
COVID inquiry is a show trial, then what is about
to unfold at the High Court as of the end

(42:07):
of this month can't be far behind. We've got a
bunch of unions who are taking the government to court
over pay equity. Now they're having several stabs. The Bill
of Rights is in play. Democratic process is up the debate.
One of the things the unions claim may happen is
if they win is a select committee would have to
hear submissions and a debate in Parliament would have to
take place. Oohoo, that's the show trial part. I mean

(42:28):
select committees here from people you would expect to hear from,
broadly people opposed to whatever change of the law is
in play, and a debate in parliament. Here's both sites,
one for one against, with the Government of the day prevailing.
Given it is they who have the numbers, and indeed
that is why they're the government, which is essentially why
court is a waste of time. Remembering, of course the

(42:49):
government is the ultimate court. And if they want to
pass the law, guess what they can. Making it complicated
is the whole pay equity calculation. Of course, that's a mess.
Secondary teachers, for example, were one of the many claimants
putting in equity claim forward before the law was changed. Now,
to my eye, correct me if I'm wrong, but to
my eye, being a high school teacher is not an
equity issue. Men do it. Women do it, lots of them,

(43:11):
and they aren't paid on gender. It is not a profession.
We're ninety nine percent of them are women, and because
the women, they're poorly paid. High school teachers are paid
actually quite well. You could equally argue they're not paid
as well as they could be because the union insists
that they all get paid the same based on time
in the classroom. If they got paid on merit, now,
that would be a whole different world. Christine Bartlett's case

(43:31):
became famous because we could all see the care industry
was mainly female and the pay was poor. Now, I
would still argue the pay was poor because the work,
although kind and worthy, is not of great numerical value.
If it was, rest Holmes would pay more, and they
would charge residents more, and we'd all happily fit the bill.
But we don't want to do that, do we. Anyway?

(43:52):
The upshot is the best the unions can hope for
is a court win. The wind can then be used
to beat the government about the head as big bad meanings,
but it will still not get them paid under an
equity deal because the court is not the government pasking now,
which brings us to Judith Collins and this apology that
the text alluded to before. So she came on this
program last week, and she said one hundred and forty

(44:13):
seven thousand. A lot of people in contact to me
and went, what are you serious, How is this possible?
We got the research unit onto it. It is possible.
She wasn't incorrect. Where she was incorrect and where the
apology has come is she suggested it was an average.
It is not an average. You can get to one
hundred and forty seven, but it is not the average.
Her suggestional inference was that after ten years you get

(44:35):
paid one hundred and forty thousand dollars. So the parliament
press release came out you could earn up to one
hundred and forty seven, that the average salary for a
secondary teacher was one hundred That broadly's right. The following morning,
she said, it was on this program, if you've got
ten years experience with the normal allowances that would you'd
be getting. That's one hundred and forty seven thousand a year,
and you add in the fact that there's still three

(44:56):
months paid leave. Who else gets that? On that she
was technically incorrect. More than four hundred and fifty secondary
teachers earned more than one hundred and forty thousand fifteen
thousand more than earn about one hundred thousand and more
than eight thousand and one hundred and ten to one
hundred and forty thousand dollars. As we showed you you
can do it. You need some extra allowances. Not everybody

(45:17):
gets it, but the average for a secondary school teacher
is one hundred thousand, nine hundred and thirty three dollars.
She apologizes for mixing the message verbally, so technically she
was correct. Verbally, she mangled at a bit news for
you next.

Speaker 1 (45:36):
Your source of breaking news, challenging opinion and honored facts,
The Mike Hosking Breakfast with Range Rover, leading by example, News,
Togs deadvs.

Speaker 2 (45:45):
Restaurant of the Year winner from last night for you shortly, Ryan,
we're out of supercows for you after eight o'clock this morning,
Rod little stool, the calm on the program, and I
will get you through this new study into New Zealand's
energy system, which is probably surprising for a lot of
people anyway. Twenty three minutes to open seven related Matt
the business. Basically we're having the lights on and the
heater on and winter contacts seem to be doing very nicely.
Thank you. Net profits up forty one percent, Revenues up

(46:07):
twenty percent. People seem to like them. Connections row three
point three percent. So you've got six hundred and forty
six thousand customers. Multi product customers up seven percent. Mike
Foosh is the contact CEO and is with us. Mike, Morning, Morning, Mike.

Speaker 12 (46:20):
How are you?

Speaker 2 (46:20):
I'm very well And does that all feel good? You're
fizzing at the moment.

Speaker 21 (46:25):
Look, it's the result of a lot of hard work
and building some serious projects over the last four to
five years and working hard with customers. So yes, we're
very proud of the result. I think it's something to
be stand.

Speaker 2 (46:37):
Tall on manuwa For people who haven't followed this, you've
sort of integrate that, you bought that. How does that
play out in the future.

Speaker 21 (46:45):
Ah, Look, so we're now integrating the business. But the
big benefit there is the complementary Hydro. They are what
we call winter weighted and in the North Island and
our existing Hydro is in the South Island, and so
the two portfolio complement each other phenomenally.

Speaker 1 (47:02):
Well.

Speaker 2 (47:02):
How fine a line do your walk as a company
or as a CEO? We like successful companies. But your
net profits up forty one percent and everyone's going to go. Yeah,
well I know why that is because it kind of
form a power bill.

Speaker 21 (47:14):
Oh look no, look the profits up and we can
reconcile it back. It's due to those projects that we've
worked very hard on. Buildings. They're innovative, the g therm
or the base load, they're good for the country and
we want to do more. So No, this is a
result of investment, and we're investing more than what we
actually earned and profit last year.

Speaker 2 (47:33):
Those connections when they go, I mean there's a lot
of customers, six hundred and forty six thousand people. Why
do they come to you? What is going How much
churn is there in the market.

Speaker 21 (47:43):
Ah, look, the churn probably averages somewhere between eighty and
twenty percent. We've got a good telco offering that we
put around it. And then we also have what we
call the good plans, which give people the three hours
of free power or the free power on the weekends,
and that helps people move their load and it helps
them save costs and they seem to like that.

Speaker 2 (47:59):
Okay, the battery at glen Brook. How much of the
future is our battery? Do you think?

Speaker 21 (48:05):
Oh no, look batteries will form an absolute critical part
of the infrastructure and the going forward. So there's a
battery at Glenbrook. We've applied for resource consent've got more
batteries at Glenbrook. They will take the edge of the
morning and evening peaks and just leave the gaspeakers to
run what we call the shoulders over the autom and spring.

Speaker 2 (48:26):
And you've also got to send out. I don't know
if you've seen it, but at Prince King Charles has
got a massive solar farm at Kensington Palace now in
a paddock, and I saw it the other days. I
just cannot visually get my head around it. They're ugly,
is that a thing or not? Really?

Speaker 21 (48:43):
Look you put them on land which is not otherwise
going to be used and just absolutely perfect. You can
actually run agriculture in between the panels, but you put
them on land which is otherwise So that's why we're
putting it in the land round christ a chairport that's
otherwise fallow and so you may as well use it
for something product.

Speaker 2 (49:02):
So no one, it's not going to be a thing
eventually where people go, you know what. There are just
too many of them and it's ugly, So that won't beginning.

Speaker 21 (49:09):
No, No, Unfortunately in New Zealand, looking at the weather
out there this morning, we don't quite have the resource.
They will be part of the system. We will build
a few, but looking at the rain out there this morning,
they're not going to become the thing and dominate the landscape.

Speaker 2 (49:23):
The electricity Authority is I'm sure you will. We're announced
some sort of investigation. What's going on. You've got the
concom there, You've got Nickeoler in the background. But the
vibe in the industry generally are things what are they? Tense?
Business is usual.

Speaker 21 (49:36):
Look, we always have to keep an eye on what
stakeholders saying, and so we acknowledge that. And that investigation
was prompted by the stress in the gas market and
gas apply and we understand that. But really, look, the
big thing now, we're booming in terms of renewable energy build.
We want to keep building. As I said last night,

(49:56):
it's created strong economic growth and like Taupo, and if
we can continue out across the whole country, that would
be a great thing.

Speaker 2 (50:05):
Good stuff. Nice to talk to you as always. Mike
Fushi is the chief executive officer at Contact Energy, speaking
of which it's nineteen two. So this study comes to
us from the Business New Zealand Energy Council BECK the
energy system, our energy system are fifteen other countries. So
out of the fifteen countries, you want to know what
the countries are, all right, I'll tell you Australia, Canada, Chile, China, Germany, Greece, Iceland, Ireland, Norway, Pakistan, Qatar,

(50:28):
South Africa, Switzerland, Uruguay, Uosa. So of those countries, where
do you reckon? We come the answer I'm going to
tell you in a minute. So they look at different
categories energy, import, dependency. Well, you know what the answer
there is. Diversity of electricity generation. We're probably going to
score pretty well. They're strategic fuel reserves, not really share

(50:48):
of renewables we're probably okay. Share of renewables and electricity generation,
energy intensity, electricity, wholesale volatility. We're hopeless at that air
quality scene. Now, this is where I object. I understand
why they do it, but what we really want correct
me if I'm wrong when it comes to how good
is our power system is? Does it work when I

(51:10):
want the lights on? Do they work? Are they telling
me not to heat my floor because it's a cold
winter's morning. And if I do hit my floor, do
I get a bill for one thousand dollars at the
end of the month. That's what I'm really interested in. Yes,
altruistically fantastica but we can clean the air as well.
But anyway, they take everything on board and add it
all up together, and they compare us to all those
other countries, and we end out of fifteen. What do

(51:33):
you reckon? I'll tell you shortly eighteen two the.

Speaker 1 (51:37):
Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by
the News Talks.

Speaker 2 (51:42):
It'd be fourteen away from Mike twelfth. Sorry, Coler, Mike's
solar farms are so ugly, Yes they are. Have a
look at King Charles's one. It's ugly. It was where
the horses, where he's taking the horses out, and he's
put solar paneters in. The whole runs now on solar panels,

(52:02):
so I get why he is doing it. And the
photo is taken from the air so you can hide
it behind trees. I get all of that, and nothing's
going to change just because we think they're ugly. But
they are ugly. Fifth, fifth out of fifteen.

Speaker 9 (52:14):
Where was our energy not intense enough to go entire.

Speaker 2 (52:18):
In some areas it was intense, in other areas it
was lacking.

Speaker 9 (52:21):
Well, that was the one that I didn't really understand
what that means.

Speaker 2 (52:24):
Well, important dependency diversity about electricity generation, strategic fuel reserves,
share of renewables, share of renewables, and generation energy intensity.
Now the top one there is Ireland and Switzerland. It
is calculated by taking each country's total energy consumption, dividing
it by countries, GDP and US dollars.

Speaker 9 (52:44):
That's how you get intensity.

Speaker 2 (52:46):
You certainly don't, well, we don't have any US dollars,
and when we take our currency and compare it to
US dollars, you need tremendous numbers of them to even compete.
This is getting intense, I think is part of the problem.
Next question for the morning. If you were the prime
and somebody said to you, and you had and this
was Sunday, Sunday in the early hours of the morning,

(53:06):
and you had Mike Hosking on Monday morning, and you
had a press conference in cabinet later on in the day,
and they said to you, hate Prime Minister Starmer and
Macron are getting together at one o'clock in the morning,
our time for a little get together via the zoom
to coalition at the willing you know the war, would
you join the meeting? So Luxon didn't, And when he

(53:26):
was asked about it at the postcap press conference yesterday,
he looked embarrassed, close to embarrassed, moderately embarrassed, but he
said he was represented. He said Amanda turned up. She
got it. No, it's not true. He had officials there,
but he didn't go to the one o'clock. Now here's
my problem. I defend him for not turning up to it.
Most other people everyone's running with it this morning. The

(53:48):
media is running with it this morning. Now I can't
work out whether the media is running with it this
morning because they hate Luxon and they're out to get them,
or whether the media is running it this morning because
as a prime minister you should actually be there at
one in the morning. I side with the Prime minister,
not fully but partially. And this is why I'm not
prime minister, because what I would have said yesterday and

(54:09):
I'd be dealing with the fallout this morning is when
they asked me why I wasn't there at one o'clock
in the morning, I go, well, you know full well
that it was just yet another gab fest on Zoom
with Starmer and Macron, and they've got nowhere so far,
and Trump's the one who's going to sort this problem.
So why would I waste my early hours of Sunday
morning knowing I had hosking in a few hours, Although

(54:29):
I wouldn't say hosking because I would be the prime Minister,
so I wouldn't refer to myself and the third person.

Speaker 9 (54:34):
He could never do that.

Speaker 2 (54:35):
I mean no, I wouldn't do that, and there'd be
someone else doing the show, and I wouldn't want to
be on the program anyway. So anyway, I say, I
wouldn't be there because it was a waste of time
and they've done nothing so far, and it's got nowhere.
And we rated the used cabinet and we gave them
some blankets and some helbets and three and a half
thousand dollars and so what you want me to waste
my sleep for?

Speaker 9 (54:52):
Yeah? But he didn't say that, though, did he? What
did he say? What did he say?

Speaker 2 (54:55):
Mike? He said, I had people representing me and was
there and I had a busy morning and I had
Mike Ho do.

Speaker 9 (55:00):
It and there was a time difference.

Speaker 2 (55:04):
Yeah, the times. Yeah, the time zone was his problem
because it was one o'clock in the morning. So if
he had been honest, he could have got away with it.
I mean, yes, there would be fall out this morning
from other countries, but at least he would have been honest,
Whereas now he's just got a whole lot of stories
to deal with and there's more image problems and the
media are picking on him and he probably feels bad

(55:25):
about him. Yes, it's a grind.

Speaker 11 (55:27):
As we get the car out of the ditch and
turned up the right way and into first the second gear, you.

Speaker 2 (55:31):
Can't argue with it? Can you turn away from a.

Speaker 1 (55:34):
The Mike asking breakfast with Bailey's real estate news talks?

Speaker 2 (55:38):
They'd be a good point, wasn't it just last week
Mike the Chippy wouldn't go on Ryan Show because it
was too early. Where was the media? Then? Good point?
Ross Well said seven away from eight reminder that if
you get all the bits right, hospit can be world
class and you can in fact find some seriously good
operators in this country. So it's The Big Food Awards
were held last night Ammersfield not unfamiliar with the awards,
of course, got the big one, the Restaurant of the Year,

(56:00):
and Vaughn maybe as the executive chef and he is
with us born. Good morning morning, Mike. How are you
very well? You're having quite a good year at winning
staff as.

Speaker 14 (56:10):
Seen that Atmispield on.

Speaker 2 (56:12):
The walk last night, as they should be. Is it
just you, the team, the owner top down? How does
it work? Why is it so successful?

Speaker 14 (56:23):
Oh? Man, it's all about the team, you know, and
the owner as well. You know, all together we work
great together and we're always trying to do our best
and get better and be a successful restaurant.

Speaker 12 (56:37):
You know.

Speaker 2 (56:38):
Does it help that you're in central Otago and the
place is festooned with international tourists with real currencies and
the ability to pay for high end food.

Speaker 14 (56:48):
I mean, I think being in Central Otago helps us
in many ways. You know, there's an amazing wine country,
there's amazing tourism, and there's amazing products. So I think
all of those can mind together with the amazing team,
brings the success of the restaurant in Vinyard.

Speaker 2 (57:06):
How do you deal with hiring? Is hiring hard work or.

Speaker 14 (57:09):
Not to be honest. In the restaurant, we get a
lot of people from New Zealand or international people that
want to work in a restaurant. So hiring these days
is it that hard for us? It's quite a place
that a lot of kids and experience felt from around

(57:30):
the world want to work.

Speaker 2 (57:31):
Well, you know, so you've reached that tipping point, right,
So you've become a thing and once you become a thing,
people gravitate to it.

Speaker 14 (57:40):
Yeah, if you call it the thing, yeah, I guess
you're right.

Speaker 2 (57:44):
So what's the plan? You just keep on keeping on
or are you on a path of continual improvements?

Speaker 14 (57:51):
On a path of continual improvement, you know, you have
to be in the hospitality industry. You've got to switch
and stay on trend and change, you know when you're
kind of you know, rubbing elbows at the top of
the game, So you have to be on a form
and you have to change direction. I mean, you know,
we just keep going.

Speaker 2 (58:11):
Good on your mate, Well, congratulations yet again. Last time
we had him on he was in the top one
hundred restaurants in the entire world. Well maybe he's the
executive chef at Amersfield. If you've never been as well
worth as its just a beautiful setting apart from anything.
Six restaurants got three hats last night, Ahi, which has
been Bailey's place in Auckland. If you know Ben Bailey,
he's one of the rock stars of the industry. Is
a good guy's television program by the way, which I

(58:31):
don't think is on at the moment, but you'll get
it on TV, and said, plus, that's a fantastic program.
A Coco Craigie Range restaurant and have lock Have you
never been there? Went to a wedding there, Boss got
married there. Boss ins a lot of money.

Speaker 9 (58:43):
We lost you for a while that night.

Speaker 2 (58:45):
I was in the bottle shop.

Speaker 9 (58:46):
Yes, yeah, down in the cellar.

Speaker 2 (58:47):
I still got that. Bought m imperials, a couple of
imperials of craig and imperials. How many bottles and imperials
at nine it's a nine bottles a couple of imperials.
I bought.

Speaker 9 (58:57):
Ka was delighted about that.

Speaker 2 (59:01):
Paris, Butter and Tyler were awarded three hats. So that's
that's exciting, Mike, better than Chippy's saying I'm busy, fair
enough lux and not being in the meeting. Mike, don't
blame the media. He should have been in the meeting.
That's his job. Thank you, Kay, Thank you Chris for
prioritizing totally appropriate Mike. You know it's because they don't
like him. Vote for Mike for prime minister. Just officially.
I'm not standing for prime minister. But what about Top

(59:25):
could be for top? That's the challenge, isn't it Tops?
What tops? One percent? TV one Pole's probably got them
on eight probably under balance of power.

Speaker 9 (59:38):
Imagine if they had a leader.

Speaker 2 (59:39):
Imagine if they had a leader, and what a leader
I would be? Or is that not the sort of
thing you say when you're in politics. You don't get
around saying stuff like that. Anyway, Maybe I've got some
things to learn there. Ryan Wood Supercars another great New
Zealand story. That's after the News which is next on
The Mike Hosking Brickfast, The.

Speaker 1 (59:59):
Ne and the News Makers The Mic Hosking Breakfast with
Bailey's real Estate altogether better across residential, commercial and rural
news talks head be.

Speaker 2 (01:00:16):
Seven past eight neghbors I've pictured on the show. Despite
our love of motor racing, is Ryan what he's one
of supercars? Hot tickets at the moment. He races for
Walking Shaw Andreti United, one of the great names of motorsport.
Of course, in his rookie year, which was last year,
he was best rookie on the grid. This year so
far he's got to win a couple of podiums and
a bunch of top tens. Now, the competition at the moment,
if you follow, it's on a bit of a break
until the twelfth of September. They're into the enduro mode

(01:00:39):
for the rest of the season ahead of the big
Bathurst of course. Anyway, Ryan, what is with us? Good
morning morning mate?

Speaker 21 (01:00:45):
How are you look?

Speaker 2 (01:00:46):
I'm good mate, thank you, But let me first just
congratulate you on all you're doing at the moment. What
a thriller is is to watch your success. It's brilliant.
How do you think you're handling it all?

Speaker 6 (01:00:55):
Well?

Speaker 23 (01:00:55):
Thank you. Yes, it's obviously been a great year so far,
and you're really happy with the improvements we've made over
the last probably twelve months since moving into main game.
And yeah, just really excited for obviously the big races
coming up and it should be a huge challenge and
hopefully we're ready for it.

Speaker 2 (01:01:16):
And what about the team of yours. What do they
give you? Because really, you're with one of the most
famous teams in the business, aren't you.

Speaker 23 (01:01:23):
Yeah. I am lucky enough to be obviously with walking
through Andrety United and they were I guess the team
and the heyday when they were back HRT And to
be following on from a few of my Ardols footsteps
and being part of a teams as great as ours
is really special and I think for us we're just

(01:01:45):
you know, trying to strive towards greatness again and I
feel like we're hitting that way and obviously next year
with the new car coming in, should be exciting as well.

Speaker 2 (01:01:56):
I was watching a couple of weekends ago. You're at Ipswich.
Have you been to what you love?

Speaker 16 (01:02:01):
No?

Speaker 23 (01:02:01):
I haven't been to at the for probably two or
three years. So it was awesome to get back there
and we had an awesome weekend and you know, our
car was super speedy and made a little era in
the last race. But it's part of learning and you know,
being able to use that to move forward.

Speaker 2 (01:02:20):
Yeah, And how much pressure is on you? You know,
they gave you your big break. What's expected of you?
I mean, what specifically do they tell you how much
pressure is on you and and do you feel that.

Speaker 23 (01:02:32):
I guess for me, you know, you always have pressure
growing up because you're always trying to prove yourself and
and that sort of stuff. And I felt like last
year I didn't have any added pressure from anyone but myself.
But I felt like the biggest thing was actually, you know,
just being able to handle the workload of everything, which

(01:02:53):
is quite a bit different.

Speaker 22 (01:02:55):
I went from.

Speaker 23 (01:02:55):
Racing six weekends of a year to fifteen, so being
able to cope with that was probably the biggest step up.
And you know, for me, trying to get my head
around that. And I guess the pressure of ratings has
always been there since you were seven years old, but
you're only again doing a few weekends of the year.

(01:03:17):
I guess the biggest part is the mental and the
physical side of racing in main game Supercars is a
lot higher than the junior ranks. And you know, over
a race weekend, we're meeting hundreds and hundreds of different
people and fans that make our sport go round, which
is probably the coolest part of my job, and being

(01:03:39):
able to meet everyone and that sort of stuff. But
to keep up with that is a full time job
just about it in itself. So yeah, I wouldn't say
the pressure side is something I worry about too much
because you're always out there trying to do your best.
But at the end of the day, you know you
can only do so much with the tools you're given

(01:03:59):
and how much preparation you put in. And I feel like,
you know, for me, it's just about making sure I
turn up to the racetrack as well prepared as that
can be.

Speaker 2 (01:04:08):
Here's the thing. Every time we have one of you
guys race car driver on the program, people always comment
and say how articulate everybody in the sport is? What
do you reckon? It is about motorsport that levels people out.
You know, decent people emerge because of your sport.

Speaker 23 (01:04:24):
I would say it's probably because a lot of people
have had to sacrifice a lot, so being in the
position they are in, they probably feel very fortunate and
appreciative of what they have and that's probably something that
I'm I've taken on board. It's interesting you say that
because I wouldn't say everyone's an all some bloken motorsport,

(01:04:45):
but it's yeah, definitely. You know, you surround yourself with
some cool people, and you get to meet amazing families
that are along the way. And yeah, I guess the
best part about motorsport is you make lifelong friends. So yeah,
I would say, I don't know what it is. It's

(01:05:05):
probably just because, like I said, you sacrifice so much
to get there, and once you're there, you're sort of,
you know, just enjoying the moment.

Speaker 2 (01:05:13):
Of course you do. Hold on, mate, We'll come back
with more in a moment. Ryan would out of supercows
for us. This morning on the Gold Coast twelve past.

Speaker 1 (01:05:20):
Eight, the Mic Asking Breakfast Full Show podcast on iHeartRadio,
Howard By News Talks.

Speaker 2 (01:05:26):
It be News Talks have been caught a past eight
Ryan Wood of Walking Sure Andretty United is with the
supercars we talk of course, now listen what I want
to know Ryan, Your observation on AGEV experience because you're young?
Of course? Yes, Is it experience that potentially holds you
back or accelerates you or do you reckon its age?

Speaker 23 (01:05:47):
It's a tough one because there're only two years in
so I can't come in on either. But I know
for a fact it's very hard to get into the
supercars and main game being young because they always wanted
to experience, but you can only get experience if you're
giving a shot. And I was lucky enough to be
given a shot by walking Sir Andrew to United And

(01:06:08):
you know, I think, fingers crossed, I can be here
for a long time and be able to prove to them,
you know, age and experiences and are worry for me
and we can just you know, go out there and
want as many races as we can and that sort
of stuff. I'm not too sure to answer your question,
but all I know is I'm twenty one trying to

(01:06:29):
get as much experience as I can, and you know,
that's sort of where I'm at, and.

Speaker 2 (01:06:35):
What's what's the big picture plan? Because I mean, at
twenty one, you look at a guy out and I liked, say,
Will Davidson. So the gap between you and him age
wise is here. You could be there for many, many,
many years.

Speaker 23 (01:06:47):
Yeah, it's funny you say that, Like I was actually
training with Tim Slade this morning and we're you know,
different ends of our career and he's obviously older and
I'm younger, and he's had a really long and successful
career and you look at that and that's something obviously
I want to achieve, but I don't really have my

(01:07:07):
site set on anything other than supercars, so that's sort
of my short term plan. But obviously if I go
out there and win a championship and Bathurst in the
next two years, then.

Speaker 2 (01:07:22):
Who knows old Bathurst Day now that's what two race
meetings away. Are you thinking about that already?

Speaker 23 (01:07:29):
Yeah, you're thinking about Bathists all year long. So I
can't wait to get there. That's why I'm sort of
up on the Goldie at the moment, doing a training
camp to really make sure that I get to the
mountain and when I'm well prepared and can last the
track walk because I tell you what, walking around that
place is hard work. So looking forward to getting back there.

(01:07:52):
And you know, for me, last year was my first
Bathurst one thousands, so I felt like I've learned a
lot over the last twelve And yeah, it's just can't
wait to get going. We've obviously got Taylor Bin coming
up and that should be a nice little curtain raiser
and then the big dance, so I'm pretty sure everyone's

(01:08:13):
pretty excited for it.

Speaker 2 (01:08:15):
It's just such a different races and I mean, you're
into the endurance end of the season anyway. But Bathurst
is like, I mean, you're all good drivers. What's the
magic is it? Luck? I mean, anything can happen on
the day, can't it.

Speaker 23 (01:08:28):
I think Bathurst chooses to win away before you know
we've got any any saying it. So, yeah, we'll see
how we go. Hopefully the mountain has chosen us nicely
this year and we can go from there. But it's
obviously just such an amazing atmosphere and event two nations

(01:08:48):
get around it, the whole world sort of gets around
it to a certain degree, so you've got eyes on
you from all parts of the world, which is really exciting,
and just you know, it makes you when I over
member getting there last year, being with FABS, I couldn't
have asked for anyone better for my first year to
really guide me through it and enjoy the moment because

(01:09:10):
you only get your first batist once and you know
this year there's definitely a bit more I guess pressure
to execute and have a good race. So I think
just what makes you stand out is you know, it's
a mountain and it's a it's a built in racetrack.
It's something you don't see very often, so it's pretty exciting.

Speaker 2 (01:09:31):
Now we haven't mentioned Greg Murphy yet, and I know
Greue pretty well, and everyone speaks so well of what
Greg's doing with you and helping you out. What's his
magic in terms of what he's helping you with.

Speaker 23 (01:09:44):
I'd say Mervh's biggest thing is that he keeps me accountable.
You know, he's on my I'm asked a lot, which
is amazing for me. Sometimes it gets tiring. If you
know him well, then you know what he's like. But
the biggest thing with Murphy is he's been there and
done everything that I'm going through. It's not more so

(01:10:07):
to have someone like that being able to lean on
him and you know, really make sure that I'm getting
the most out of myself and that sort of stuff
is second to none. So super grateful to have him
in my corner, along with so many others. And you know,
it's a cool little network I've got going at the moment, well.

Speaker 2 (01:10:28):
It sounds like it's going really well. So good luck
by the way, Tailor been in a couple of weeks time,
and obviously good luck at Bathist. Good to have you
on the program, great to chat with you, and all
the very best for the rest of the season.

Speaker 23 (01:10:38):
Awesome thanks Mike.

Speaker 2 (01:10:39):
Cheers mate, Ryan Wood, good guy out of walking Shore
Andretti So September twelve, I think I said for tailor,
been ahead of the the big one at Bethist another
key week doing. There's so many now, isn't there? Which
is good to see.

Speaker 1 (01:10:50):
Eight twenty the Mike Hosking Breakfast with a Vida Retirement
Communities news talks.

Speaker 2 (01:10:56):
He'd be now, you know what must drive front desks
crazy being asked where the los are ten times a day.
Just imagine it. So there's a simple fix for that.

Speaker 17 (01:11:04):
You know what.

Speaker 2 (01:11:05):
The simple fixes better signage, which is a job for
speedy signs. Now, they're not just about those big outdoor
signs we tell you about and vehicle graphics. They do
the lot. They do everything, wayfinding, safety signage, inspo walls,
gyms that do cultural artwork at schools, even led signs
for places open all night. They can sort out the
little signs that make a big difference, like mind their
step or don't push this button, because sometimes one well

(01:11:27):
placed sign can save a dozen questions. Or maybe you
wrangle with the acc whatever kind of business you're running.
Cafe warehouse Office twenty four seven Gym Speedy Signs are
they're going to help you look good, stay compliant, and
save your team a whole lot of hassle. So they've
been doing that for twenty five years. They've got almost
thirty locations around this beautiful country, so they know they're
just down the road. For goodness sake, Oh eight hundred Speedy.

(01:11:48):
That's the telephone number, eight hundred Speedy online at Speedy
Signs dot co dot nz and let them help your
business show up properly. Pasky May twenty four Good to
hear Ryan Woods interview Mike living the dream. It's still
ground to Thank you Phil, Mike. Before showing Bean Gisberg
and left for NASCAR, he told me that Ryan Wood
was the one to watch reckon. He's going to be
really good. Looks like SVG was right. Eric. Thank you.

(01:12:09):
Eric Thompson Letters who texted him does a bit of
work for a run The Herald Motorsport veteran Mike, having
been in an around motorsport, this is interesting.

Speaker 18 (01:12:17):
This.

Speaker 2 (01:12:18):
I believe the fact that many are articulate is a
natural trait of the person operating any vehicle at a
high level. Is about optimizing every second of its use,
which is all about constantly calculating, measuring and analyzing. Anyone
who's the best at these is unquestionably going to be articular.
It's a very good point. You want a better breaking
news just putting some stuff in the rubbish, it's not

(01:12:41):
really breaking news. It's moderately interesting. The Electricity Authority remember them,
they came to life a couple of days ago. They've
been hanging around forever. We asked them last year where
they were in the crisis when the spot price went
through the roof, but they were weren't that interested at
the time. But suddenly they've decided to get interested. I

(01:13:02):
suspect I gave the Prime mister a free hit on
the programmes today, but he didn't take it. I said,
is it because people have written to him? Which they had.
The whole lot of users had written to Prime mister
and said this is ridiculous. You might want to get
the EA to do something. My strong thinking is that
he probably did. Anyway, So the EA have woken up
and they've announced this morning a number of options. They
are moving. They are moving ladies and gentlemen to level

(01:13:23):
the playing field. That's right, remember we heard at first
they're moving to level the playing field. Are four large
gent Taylors, so we're talking Genesis, Contact, Meridian, Mercury. The
options three targeted interventions, no less ladies and gentlemen. Three,
not just one. There's the EA we're dealing with them.
I'm looking around with one. They're gore three three targeted interventions.
The authority is progressing these pro competition interventions at pace

(01:13:48):
so they'll be in place they think by mid next year.
So you can see the sort of pace they move out.
One Yeah, pacy options for requiring Gen Taylor's to trade
minimum volumes of the new Zealand wholesale electricity hedge product
introduce in January to help independent participants manage the risk.
It's not bad, it's good idea code change is necessary
to introduce mandatory non discrimination obligations for the for lunch.

(01:14:08):
Gen Taylor's draft code amendments published for feedback in October,
so we're looking for some feedback. And third, a review
of the market making in the electricity futures market to
ensure it promotes healthy competition and transparency. This will be
published for OH feedback in November. So some feedbacks coming one.
Two of the three involve feedback, and none of it
seems to be The authority is also ready to intervene

(01:14:31):
with urgent regulation if there's a sudden material reduction in
the supply of shaped hedges. If you've got problem with
your shaped hedges, there's a man with a van for that.
But that's another matter. You might have perhaps thought there
I was taking the piss out of them, and you'd
be right, because it's the electricity authority and they cannot

(01:14:54):
possibly be taken series.

Speaker 1 (01:14:58):
The only report you need like your Day, the my casting,
Breakfast with a Vida, Retirement, Communities, Life, your Way, News,
togs head be I never.

Speaker 2 (01:15:07):
Mentioned it, probably while mainly because nothing to mention. They
are in the meeting. Still the meeting is taking place,
mind you, If you looked at earlier on when we
were featuring the chat around the dining table where each
of them got to say, you can see why these
things take so long, because as you hear one person
articulates something, everyone else sits around going and so it

(01:15:29):
goes roun Anyway, this is what starm has said before
we went in.

Speaker 24 (01:15:31):
A trilateral meeting. Seems the sensible next step so thank
you for being prepared to take that forward, because I
think if we can ensure that that is the progress
out of this meeting, both security guarantees and some sort
of progress on trilateral meeting of some sort to bring
some of the difficult issues to a head, then I

(01:15:54):
think today we'll be seen as a very important day in.

Speaker 17 (01:15:58):
Recent Yearsnetill correspondence with ends inn Eye Insurance, peace of
mind for New Zealand business nine.

Speaker 12 (01:16:05):
Let's gather, but lot morning to you, Good morning to you, Mike.

Speaker 2 (01:16:08):
So half of Europe now one's left in Britain, of course,
because half of Europe is in Washington as we speak,
at the big meeting in the chinway, as Starmer left.
What hope does Britain see that this could end well?

Speaker 12 (01:16:20):
More hope than we had, I say yesterday, and indeed
on Saturday, Friday and Saturday our time one had only
fully grave reservations about the Trump Putin summit, especially given
the treatment meeted out of that of Imputin by Donald Trump.

(01:16:43):
And since then the European leaders have been ringing Donald
Trump and speaking with greater and greater urgency to him,
which is to say, you know, Russia can't come out
of this with more land than it has of the moment,
which is one of the central issues. But now we've
had both Zelensky and indeed Sekir Starma. Zelenski said these

(01:17:08):
have been the best talk so far, and Starma's saying
that he thinks that they can make real progress to
end the war. That are trilateral meeting is the sensible
next step, and it would be a historical step forward.
I think that comes about if you look at what
Vladimya Putinies has offered us his conditions for peace. If

(01:17:33):
Russia got the whole of the donbas I think that Britain, France,
Germany would complain. I think there would be fury amongst
the Western European leaders if that happened, apart from in
Hungary obviously, But if there could be some deal done
which involved just part of the donbasali the Eastern region

(01:17:53):
that it is split into two, then I think that's
that's more likely. That's something which is possible to achieve.
But that being said, it's a long way.

Speaker 2 (01:18:03):
Away yet, Yes it is. What's more important to a
Starma or Europe for that matter, is is it the
security guarantee that if you give put in a chunk
of land. That's it, and we believe that's it, or
is it just the security guarantee and you give away
any thing you want because it's not yours in the
first place.

Speaker 12 (01:18:20):
I think it's it's two or three things. Firstly, a
domestic political front. He needs to be seen to be
strong Starma, and he's been reasonably strong on the Ukraine.
Not a strong perhaps as Boris Johnson, but still reasonably strong.
Then on the more pragmatic realms, Western Europe really does
not want to see Vladimir Putin rewarded for his invasion

(01:18:43):
in twenty twenty two because they fear, with some justification,
that it could lead to another invasion, either of Ukraine
again or indeed of one of the Baltic states or
mold Over wherever. So that is the strategically important thing.
I think the third important thing for Starmer is to
ensure that what ever happens at this meeting, there is

(01:19:05):
no rift to be seen between the Western European leaders
and Donald Trump, because this meeting kind of is it
does bring to the amount of possibilities that NATO could
be under threat.

Speaker 2 (01:19:21):
Yeah, well, if you go back to the beginning that
was what I mean. When Trump stormed into office, he
basically said, well, you know, NATO's a pain, and you've
only paid two percent and you need to pay five percent.
You've been doing nothing in America pays the bills and
the whole thing look for a while. To be a
complete cluster. Is Starmer in lockstep with Europe.

Speaker 12 (01:19:39):
Probably slightly more inclined to the American position than the
French or Germans, but nowhere near us closely aligned. You
know that some of the visit grab states are aligned
with We're alligned actually with Russiam if we're honest. I

(01:19:59):
think Starmer sees himself with some justification. What's a kind
of mid Atlantic stepping stone between the Europe and the USA?
And that's certainly the role which has been playing for
the last year, and indeed before that, before even he
was he became Prime minister.

Speaker 2 (01:20:17):
All right, might ketch up on Thursday. Appreciate it very much.
Rod a little out of Britain. Just a couple of
things in that particular part of the world. It's eighteen
minutes away from nine to Hosking. You'll know about the
horse racing. They're going on strike for a day. The
tenth of September. Rachel Reeves is aiming for some more Texas.

Speaker 19 (01:20:31):
I must ask.

Speaker 2 (01:20:31):
I don't know if she'd tell me. But Nicola Willis
was in Britain last week talking with Rachel Reeves. I
don't know if she'd go. I'll tell you what she
told me. That was really interesting. I'll ask her when
she's next on. But I don't hold out now.

Speaker 9 (01:20:43):
Don't she make that work with the time difference.

Speaker 2 (01:20:45):
She went there. That's what they should have done. They
should have gone. Look, there's a meeting at one o'clock
in the afternoon in the morning, Prime Minister, Sunday morning,
one am. Can you do?

Speaker 13 (01:20:54):
It?

Speaker 2 (01:20:54):
Goes absolutely not. I've got hosking at seven. But I'll
tell you what what I could do is I could
fly there and that would then be one o'clock in
the afternoon. That'll work out perfectly. I wonder if he
thought of that. Iceland, by the way, you're a supermarket
chain in Britain. They're offering one pound if you report
a shoplifter. It goes on your Iceland bonus card. So

(01:21:17):
it cost them twenty million pounds a year. People nicking
stuff you do not necessarily need to apprehend the person.
So I certainly wouldn't for a pound. What a stupid there?

Speaker 9 (01:21:27):
Would you do it for two pound?

Speaker 2 (01:21:29):
I'd do it for a tenor I'd ankle tap them
for a five and beat the Jesus out of them
for twenty. Oh, give me fifty and I'll finish them up.
He added that encouraging customers to take part in crime
prevention could potentially help reduce the prices and stores. Well,
that's crap. And the other thing that I'm moderately excited
about is top Shop. Obviously I've never shopped in there,

(01:21:50):
but I know people who do. Katie's a big fan
of top Shop, and when we've been in Britain, we
like top Shop. Or she liked to go in, and
I like to stand outside on Oxford Street waiting for
her to come back out again. They went barey up
because remember Sir Philip Green, the Arcadia Group, big fat
ball guy. I had a big shot off to his
luxury yacht. Remember those photos. Anyway, they're coming back. They've
opened a standalone shop on the High Street and the

(01:22:12):
Ice Street. They hosted their first catwalk over the past weekend,
so we wish them well as well. Sixteen to two the.

Speaker 1 (01:22:20):
Like Asking Breakfast Fall Show podcast on iHeartRadio powered by
news Talks.

Speaker 18 (01:22:25):
At B.

Speaker 2 (01:22:27):
Thirteen away from nine. This is what they're up against.
A very funny story and newsroom if you want to
read the full detail. But what happened was so despite
what many of you or in ded I would believe,
part of the coalition agreement was we stopped naming things
in Maory government departments and murray, we've got to stop
at Health New Zealand New Zealand Transport Agency. They were
the early ones and then of course it seemed to

(01:22:48):
stall and they gave up at that particular point. Well,
not so apparently slowly, but surely and quietly. Behind the scenes,
all the government departments have been changing their names back
to English. First. Now this is what the government fight
because the latest is the Department of Internal Affairs. Now,
let's be honest. The Department of Internal Affairs in Mari
is tetari tey feinua or Typhenawa. Now you have no

(01:23:12):
idea If I said that to you, you wouldn't have any
idea what the department is internal affairs. We all understand
it anyway, So Brooke asn't Van Velden, who's in charge
of that, said let's get this sorted out. So they
come to her and this is literally you'd want to
shoot them. They come to her instead of going yes sir, no, sir,
three bags full, sir, we'll change our name back to
the New Zealand or English way. First they come and say,

(01:23:36):
this paper sets out four options. Four options for what
advised to consider relevant guidance set out in the Mari
Language Act of twenty sixteen, note the current Waitangi Tribunal
urgent inquiry into the use of Terreo in the public sector,
blah blah blah. And then they go an estimate this
would require at least fifty hours of their time to

(01:23:57):
change it all fifty hours. So here are four options,
and by the way, it's going to take fifty hours
of our time, Brooks. Having none of that, I instructed
the department to change its branding and communications to English first,
to make it easier for New Zealanders to interact with
the department. However, I also made it clear that I
disagreed with the time and cost estimate, suggesting I could

(01:24:20):
do this myself on Photoshop for nearly zero. So these
are the kind of dickheads who want to come in
and waste your time and they're running an agenda, and
you know they're running an agenda. The department agreed the
cost could drop, and I understand its cost less than
a thousand dollars. A spokesman for the department actually came
up with the cost in the end, So instead of

(01:24:41):
the fifty hours worth of nonsense, it came in at
seven hundred and forty one dollars plus gist. See, and
now they got it back to the way it should be.
And so if you had to deal with that every
single day, you'd be over it in five minutes, wouldn't you.
I mean, who wants to get into politics when you're
dealing with that sort of nonsense? Ten to nine The
Mic Hosking Breakfast with rainfrow bun use togs dead b.

(01:25:03):
Now the old saying goes, you should work smarter, not harder,
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(01:25:25):
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and you can earn three hundred bonus airpoints dollars. You

(01:25:45):
search MX points or Amex Airpoints MX Airpoints Mxamex. Of
course one five hundred dollars minimum find required for the
first three months. Tease and sees applying new card members
only off a subject to change or without notice. Asking
speaking of cards and travel, so we must be just
a day light. So I gave you yesterday the Australian

(01:26:07):
numbers and how everyone's not going to America and they're
all going to Asia. And who look, bugger me if
the New Zealand numbers didn't come out yesterday. So here's
where we're going. Extraordinary number of US in a cost
of living crisis. I think we're just going to call
an end of it. We're going to say, look, there
are some people, and this is applicable in any given economy,
at any given time, there are some people who are

(01:26:28):
doing it tough. We all know it, we'll get it,
we understand it. But just I mean, you can't have
a record number of seven hundred and thirty thousand troops
to Asia, not the rest of the world, not Britain,
not America, not Africa, not the Pacific Islands, just to Asia.
There were seven hundred and thirty thousand of US that

(01:26:51):
went to Asia, and you can't say that without there's
a lot of people doing fine, thank you very much.
Three hundred and sixteen thousand, one hundred returning residents went
u Asia specifically for a holiday. So in other words,
we've got plenty of money just to go us about
the place. Short turn trips to Asia were up twenty percent.

(01:27:13):
Cost of living crisis. Indonesia, China, Japan, India. Actually, you're
one Glendon. You go to Bali?

Speaker 9 (01:27:19):
Did you go to Bali last year?

Speaker 2 (01:27:23):
Well, in the last twelve.

Speaker 9 (01:27:23):
Months, no, not quite the last twelve months.

Speaker 2 (01:27:27):
You're going in the next twelve months, no cost of
living crisis. Right there, Sam went, you went inn' you
you went to Japan? Yeah, exactly, there you go. Listen,
three people in the studio, folks, this is how it
breaks down. Three people in the studio. They've all gone
overseas except for one of us. Hey, one of us

(01:27:47):
has stayed here to work and can't afford to travel.
China was the most popular Asian destination, one hundred and
sixty two thousand of us, actually almost hundred and sixty
three thousand. Indonesia, Japan, largest growth buy New Zealanders. They
put it down to and they're right. It's all about
the New Zealand career. Air China, Singapore and Malaysia. If
you make a direct flight, get on a plane, get

(01:28:08):
off at the other end, you're there. They love it,
can't get enough of it. So we're traveling five minutes
away from.

Speaker 1 (01:28:13):
Nine trending now with chemist ware house, great savings every day.

Speaker 2 (01:28:19):
So the big talking point this morning out of this
White House shindig was not the stuff you thought about.
It's actually once again Brian Glenn. Brian Glenn works for
Real America Voice and he hangs out with Marjorie Taylor Green,
their besties, if you know what I mean. Anyway, here
he was, I've got.

Speaker 1 (01:28:37):
A question, pretty yours, August President.

Speaker 12 (01:28:40):
You look fabulous in that suit.

Speaker 6 (01:28:43):
Yeah, look you look good.

Speaker 12 (01:28:44):
I said the same thing. Yeah, I said, the one
that attacked you last time. I remember, I apologize to you.
Look you look wonderful.

Speaker 9 (01:28:52):
No, my first question for you, President, and deceive.

Speaker 12 (01:28:59):
A chance.

Speaker 2 (01:28:59):
You get that you're in the same suit I changed,
you do not. He's got a good sense if you
mind you as you've forgotten this. Of course, he was
a comedian.

Speaker 9 (01:29:09):
You reckon that he might even go to a tie
for the Trilateral.

Speaker 2 (01:29:12):
If it happens, I'd go Tucks. I'd go Tucks, full
velvet jacket. I'd go full velvet, and I'd outdress the
both of them, and I'd just go look at me,
you guys. I think that's enough of me, really for
one morning. I've got more to give, if you really
want to know. I'm feeling pretty good today despite the
technical problems in the studio that hadn't bored you witless

(01:29:32):
with this morning. But all I can say is that
they're not fixed today. I won't be back so it's
good to go out in high giving.

Speaker 9 (01:29:42):
Top a rank, saying the position as the leader still goes.

Speaker 2 (01:29:44):
Be took lot a day. Anyway back tomorrow Morning Abney Days.

Speaker 1 (01:29:54):
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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