Full Show Podcast: 19 November 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
You're Trusted Home for News, Sport, Entertainment, Opinion and Mike
the mic Hosking Breakfast with a Veda, Retirement, Communities, Life
Your Way News togs Head been.

Speaker 2 (00:12):
Honoring You're welcome today. I got some workplace issues. One
we're taking a lot of drugs. Two apprentices and not
completing their training. Also, a lot of tax money has
been wasted on the self employed in his businesses then
fell over. We also look at a report into what
this country needs to do big picture before twenty fifty
Richard Arnold, Steve Price, Mark and Jenny there along as
well pasking welcome in the middle of the week seven
past six. Growing idea in economic circles in America that

(00:34):
young people might never own anything. It's based on recent
news that a new car average price has now cracked
fifty thousand dollars for the first time. It was added
to by the presidential idea that we have fifty year
mortgages see and the States have got thirty years. That's
pretty standard, and they have the fixed interest rate that
lasts decades. Here, of course it's completely different, but it's
all based on the thinking that one more and more

(00:55):
people can't afford stuff, and two, if they can, they
will need to borrow basically forever to do it.

Speaker 3 (01:00):
Now.

Speaker 2 (01:00):
The wisest piece of advice I ever got when I
was about eighteen years old. I was in the bank
trying to sort a mortgage and we were tossing numbers
about in the bloke behind the counter swung his computer
screen around to face me on it. With the numbers
I'd be paying, what I was borrowing, what the interest
rate was, what the monthly bill would be. And the killer,
the killer, the bit that showed just how much in
interest I would ultimately give to the bank over the

(01:21):
period of that debt. Needless to say, it was more
than the loan itself. Compound interest either your friend of
your saving your enemy if you're in debt. That pretty
much changed my view on debt. But a fifty year
mortgage is clearly designed to lull you into the idea
that things are affordable, just don't worry about ever paying
it off. It's probably why they're putting mortgages into the
school curriculum as we speak in Britain at the moment.

(01:43):
If every kid came out with just a basic idea
of the way things work in the real world, we
may solve ourselves a lot of long term issues and
a lot of personal heartache. And that's before we get
to the fact that a lot of this country so
called prosperity. It's a perception, and the perception is created
by the idea that you have more money simply because
somebody told you your house was worth more, or if

(02:03):
you're in the market and video for no particular reason
just added another nine zeros to their market cap. If
more people understood debt, both its options, it's pit falls,
upsides and problems, we would see the idea of a
fifty year mortgage for what it is. But basically, the
state of the world, both at personal and national level,
is the way it is because we don't.

Speaker 1 (02:25):
News of the world. In ninety seconds, they.

Speaker 2 (02:28):
Vote today on the Epstein files, so those who want
them all out turned up in Washington's your phrase, Brother.

Speaker 4 (02:33):
Virginia's legacy is not just hers. It belongs to all
of us who stand against injustice. Together, we will ensure
that the voices of survivors are heard, that the truth prevails,
and that the horrors of the past are never repeated.

Speaker 2 (02:45):
An Epstein victim, what.

Speaker 3 (02:47):
We endured was real and it has scarred lives across
five presidential administrations. The truth has been buried in sealed
files and hidden records for far too long.

Speaker 2 (03:02):
And Donald's old, my, Marjorie.

Speaker 3 (03:04):
The only thing that will speak to the powerful, courageous
women behind me is when action is actually taken to
release these files, and the American people won't tolerate any
other bullshit.

Speaker 2 (03:20):
Up the road. A couple of hounds. At the United Nations,
they voted successfully on the Trump Gaza Plan.

Speaker 5 (03:25):
The Board of Peace, which will be led by President Trump,
remains the cornerstone of our effort. The Board will coordinate
the delivery of humanitarian assistants, facilitate Gaza's development, and support
a technocratic committee of Palestinians responsible for day to day operations.

Speaker 2 (03:40):
Trouble with that is like a lot of votes at
the United Nations doesn't really mean anything. I mean, that's
the folks in Gas.

Speaker 6 (03:45):
The decision is of course rejected because the forces that
will come will protect Israel, not protect Gaza.

Speaker 7 (03:52):
That's what.

Speaker 8 (03:54):
This decision for me as a citizen, I absolutely reject it.

Speaker 9 (03:59):
We don't want to outside.

Speaker 2 (04:00):
Then in Britain, our new troubles from the Chinese with
warnings from mi I five.

Speaker 6 (04:04):
This activity involves a covert and calculated attempt by a
foreign power to interfere with our sovereign affairs in favor
of its own interests, and this government will not tolerate it.

Speaker 2 (04:18):
Finally, from our why the wheels of justice turned so slowly?
File convicted murderer Andre mckickney. He's suing the State of
Victoria for banning Fiji miight. He claims it breaches this
human right to enjoy his culture as an Australia no
ban to twenty years ago because it interferes with the
drug dogs and the yaster is an issue as well.
If you're looking for a bit of homebrew, if you
can believe that the Supreme Court will hear the case

(04:39):
next year, Here's of the World in ninety By the way,
On the same day that mister Pitchai is in Britain
talking with the BBC saying that quote, the trillion dollar
AI investment boom has quote elements of irrationality. We find
out that Microsoft has teamed up with Nvidia and Anthropic,
and Microsoft will invest five billion into Anthropic, and Nvidia

(05:02):
will invest ten billion, and Anthropic has committed to purchasing
thirty billion, and as a result of all of that,
the market cap four Anthropic is now three hundred and
fifty billion dollars. Thank you very much. Twelve past six.

Speaker 1 (05:16):
The Mic Asking Breakfast Full Show podcast on iHeartRadio fow
it by News Talk.

Speaker 2 (05:22):
Seppy Michael More. People understood that labor would not be
leading in the pulse. Not a bad point. India Blue
the budget deficit all time high for the month of
October forty one point seven billion dollars. What happened there? Well,
exports to the States went down for obvious reasons, but
they imported a lot of gold. How much gold did
they import? Fourteen point seven billion dollars worth of nearly
two hundred percent. Fifteen past six They're love and the

(05:45):
Gold thanks from Sure Partners. Andrew Keller had good morning,
Good morning, Mike, these this is going to be testing
ten dollars, doesn't it?

Speaker 10 (05:53):
Yeah? I think so.

Speaker 11 (05:54):
Probably So another day, another global dairy trade auction and
the downwards trend and prices has continued overnight. So the
global dairy trade price index has fallen three percent.

Speaker 10 (06:05):
So that's the aggregate index and.

Speaker 11 (06:07):
Weaker prices, Mike, across all of the categories. Actually, butter
which some people will will will cheer is down seven
point six percent, chedder two point seven percent, motsurellifold two
point eight percent, and the two key categories skim milk
powder that was only down zero point six percent is
only a small fall there, whole milk powder down one
point nine percent.

Speaker 10 (06:28):
Look, the facts are with the last seven.

Speaker 11 (06:30):
Auctions have all ended with a decline in the overall
price index, and ten out of the last twelve auctions
have seen decline, so that there's clear that the supply
demand sort of imbalances playing out here. It would appear
that global milk production is out stripping demand at the moment. Recently,
Rubberbank did note that the velocity of milk supply growth

(06:51):
across most key export regions has exceeded expectations, and they
see global milk production going up in the second half
of twenty twenty five.

Speaker 10 (06:59):
So I think you're probably right.

Speaker 11 (07:01):
I think that farm that forecast farm gain milk price
could now.

Speaker 10 (07:04):
Get revised lower.

Speaker 11 (07:05):
But I just think we've got to be a little
bit We've got a bit realistic about this, Mike. Even
if the price forecast price doesn't have a ten big
figure on it.

Speaker 10 (07:13):
Prices are still very healthy. I guess you would.

Speaker 11 (07:17):
Say that we need all the talents we can get
at the moment, don't we from a sort of a
national economic point of view. But if the broader economy
picks up next year, that's probably more relevant from a
New Zealand Inc.

Speaker 10 (07:28):
Point of view. Yeah, but prices are weaking off.

Speaker 2 (07:30):
And Sandford good news story there turnaround.

Speaker 11 (07:32):
Oh wasn't it so while we're talking about exporting animal proteins, Yes, Samford.

Speaker 3 (07:37):
So.

Speaker 11 (07:37):
Samford's listed on the INSIDEX. It reported its full year
results yesterday. I think it's probably one of the oldest
listed companies on the Exchange and it's different iterations. It's
been around for one hundred and fifty years. Listed on
the INSIDEX in nineteen twenty four. It was a record
full year result.

Speaker 10 (07:54):
Being described as excellent.

Speaker 11 (07:57):
The interesting point to note here, Mike, is revenue five
and twenty four million. That didn't change a lot, but
a big shift in profit, so net profit after tax
sixty three point seven million, and that is, as they say,
up two hundred and twenty four percent on the previous year,
so pretty eye catching increase, well above expectations. I think
you commented on just a little bit earlier. A continuation

(08:17):
of astute management by the whole management team, really, but
led by CEO David Meyer, who came to Sanford from
Scaler up. Yes, and that net debt number that you
talked about as well, so net debt ninety three point
four million, but it's ninety two million down, so they've
almost halved their net debt. Ten cents per share dividend
for the full year. The agricultural business going very well,

(08:39):
that's salmon and muscles. They exceeded expectations. Wildcatch that's fallen
a little short, could be a focus of management tension
in the in the FY twenty.

Speaker 10 (08:49):
Six reduced corporate overheads.

Speaker 11 (08:51):
They in their commentary they talked about the ongoing global
demand for protein, but there was a note of caution
in the outlook over tur and some global markets. But
share price reacted pretty positively, up five point two percent.
Got to say, well done, Samford, that is a really
good result.

Speaker 2 (09:06):
Did right. What about pledges?

Speaker 11 (09:08):
Oh, look, there was a bit of nois yesterday about
there was a bit of noise I think that some
media about this speculation of the sale of their residential
development business. That's not news, MIC, It's been common knowledge
that they've been trying to sell it.

Speaker 10 (09:19):
So I don't think there's really anything to see.

Speaker 2 (09:21):
There, okay. And then there's still demand for the debt.

Speaker 11 (09:25):
Mate Yesterday ends ADMO, that's the New Zealand Debt Management
Office have overseen, I would say, another very successful tender
of New Zealand government bonds. Now we've got a deficit,
we've got a fund it. We fund that by selling
New Zealand government bonds overseen and there is great demand
for our government securities. So they tend to bonds all
year round, but every now and then they have these

(09:46):
bigger tenders, so from time to time.

Speaker 10 (09:48):
They sold six billion of ten year bonds.

Speaker 11 (09:50):
Yesterday the government raised the cash at four point three
four percent, twenty four billion dollars worth of interest. There
is a very healthy market out there for our government debt.

Speaker 2 (09:59):
MINK interesting good stuff. What are the numbers?

Speaker 11 (10:02):
So yeah, weakness and still we're seeing this weakness in
the megacap teket so that continues. This is ahead of
the Nvidia result, and we've got all the starter coming
out and a little bit of uncertainty over the fedes
necks move and jobs things like that, so that will
play out over the course.

Speaker 10 (10:15):
Of this week. But red numbers everywhere.

Speaker 11 (10:17):
The Dow is down one point one four percent forty
six thousand and fifty nine.

Speaker 10 (10:21):
That's down five hundred and thirty points.

Speaker 11 (10:23):
The SMP five hundred is down forty five points points
six seven percent sixty six two seven and then Nastack
down one and are quarter percent two hundred and eighty
two points twenty two thousand, four hundred and thirty two.

Speaker 10 (10:35):
So we're seeing US across all markets.

Speaker 11 (10:37):
Footsie one hundred was down one hundred and thirty two
points one point three seven percent nine five four to three.

Speaker 10 (10:42):
The close there the Nike bit of tension between Japan
and China.

Speaker 11 (10:46):
At the moment, the Nick fell over three percent one thousand,
six hundred and twenty points forty eight thousand, seven hundred
and two. Shangho composite down point eight three nine three nine.

Speaker 10 (10:56):
The Aussies had a horrible day.

Speaker 11 (10:57):
You stay down one point ninety four percent one hundred
and sixty seven points eight four sixty nine, and we
joined in in the angst. We were down one point
one six percent one hundred and fifty six points thirteen thousand,
three hundred and forty three Keywi dollar point five sixty
five eight against the US, but eighty seven oh three
ossie point four eight eight seven against the Euro, point

(11:18):
four to three oh five against the pound, eighty seven
point nine ex Japanese yen goals still above four thousand,
four thousand, sixty three US dollars and breakthrough sixty four
dollars and six cent.

Speaker 2 (11:28):
Catch up tomorrow. Andrew Keller, he's sure and partners tasking
think four auction sales have begun in New York. We
speak of art. Why do I mention this? Well? Two
things they reckon. There's going to be a fifty percent
increase in interest this year. They're going to run through
one point four billion dollars worth of art. And we're seeing,
allegedly a generational divide. You've got two different art markets
these days. You've got the multimillion dollar high end that's

(11:49):
been declining, but you've got the vibrant, lower priced market
which is attracting young collectors. So if you're not into Nvidia,
you're into pictures. Six twenty one, he reviews Talk two
three well.

Speaker 1 (12:04):
The Mike Asking Breakfast Full Show podcast on iHeartRadio power
by news talks it be so.

Speaker 2 (12:11):
Andrew references the FED. Here's what I want to see
in New Zealand. I don't know that we ever will.
So the latest governor's guy called Christopher Waller. Christopher Waller
comes out. He supports another interest rate cut December meeting.
The whole world's going to be watching. He's growing, growing
concern over the labor market and the downturn and hiring.
Now this means that the FED is increasingly divided. I
told you about the woman whose name I forgotten the

(12:31):
other day. She goes, I don't think we need a
cut at all. Then there's the vice to you guy
called Philip Jefferson and says, well, I'm noncommittal. I'm not
telling you either way. I don't really know at the moment.
Then you've got the guy Mirron, who's Trump's appointment. He
says fifty points all day long. So I can give
you a person who says nothing, a person who says
I'm not telling you, a person who says fifty, a
person who says twenty five. But what you've got is

(12:53):
an understanding of how divine to the feed is. In
other words, you've got transparency. Why don't we have transparency
in New Zealand. Why can't you go to the Money
Policy Committee in New Zealand and go what do you think?
And they tell you how hard will that be?

Speaker 1 (13:04):
Six five trending now with Warehouse the Real House of Fragrancy.

Speaker 2 (13:10):
Jimmy Wiles is going viral. He's talking to Tilo Jewan.
Don't worry about it, he's a podcast anyway. Jimmy's the
co founder of Wikipedia.

Speaker 10 (13:17):
All right, you ever said of Young and Eve? I've
anue guest. Who are you?

Speaker 8 (13:20):
I'm Jimmy Wales. What your of Wikipedia? You're the founder
of co founder? Because I don't care. That's the dumbest
question in the world. Really, there seems to be a dispute.
There's no dispute. I don't care. Say what you like,
it doesn't matter.

Speaker 12 (13:33):
Well, isn't that like when it comes to Wikipedia a problem?
What what are the facts?

Speaker 8 (13:39):
Yeah, well it's not a fact, it's an opinion.

Speaker 10 (13:43):
So you can have whatever opinion you like. It doesn't matter.

Speaker 2 (13:46):
But for you you're the founder.

Speaker 8 (13:48):
Can I just say again it doesn't matter.

Speaker 12 (13:50):
I've answered your question four times.

Speaker 10 (13:53):
What I'm done? I wish you thanks? What's going on?
It's stupid.

Speaker 2 (13:59):
I love podcast don't you love the podcasts? Anyway? Was
this still going?

Speaker 10 (14:03):
It was the first question?

Speaker 2 (14:04):
Oh, for goodness sake. Anyway. He started out with a
site called new Pedia that didn't go well. He hired
a guy called Larry, and the two of them came
up with Wikipedia. So that's why their co founders. Larry
left after a little every year because he didn't like
the direction the site was going to left wing. You
can contribute edit, blah blah blah. So there we go.
Now the Ukrainians are They're Russians though, so we're talking Poland.

(14:27):
Yesterday Catherine was telling us about the railway lines and
the problems and the sabotage and Donald Trusk being ropable. Anyway,
they've got a couple of Ukrainians have been working for
years with Russian intelligence, so there behind it. Apparently one
of them has already been convicted in absentia, so I
don't know whether they'll ever get their hands on it,
but at least I guess they know who's doing it.

(14:48):
Back to Samford, So the goody, how do you turn
around a company in a year? This guy David me
he seems to be on to something. So he's with
us directly after the news, which is next. You're on
the my Cosking Breakfast.

Speaker 1 (14:59):
The newspeakers and the personalities, the big names talk to Mike,
the mic Hosking breakfast with the Defender, embraced the impossible
news talks had been.

Speaker 2 (15:08):
Dardie Princes on the yellow chairs as we speak of
the White House, Rich and Arnold monitoring matters we with
as shortly twenty three minutes away from seven back to
this good news story of Sandford and the fishing two
hundred and twenty four percent boost and profit debts are
down the muscles of selling. David Mayor of Sandford's managing
director and is with us. Good morning, Good morning mate.
So the turnaround journey is it complete or are we
on our way?

Speaker 13 (15:29):
We're on our way. We're about halfway through, whatever that means.
But it's very pleasing to have such a great result.

Speaker 2 (15:36):
So by way of background, you came from another company,
you relatively knew there. What did you find, what did
you like? What were the problems?

Speaker 13 (15:45):
If I was managing director of scalar Up for fourteen years.
In a funny way, the business principles are the same.
So I'm a purpose guy, not a mission guy or
a vision guy or those kind of things. And by
focusing on customers, true customer focus, we're turning this business around.
But of course that takes time. So the challenges have

(16:08):
been that Sanford had too much debt in my view,
and the debt was increasing and I'm I'm very focused
on operating cash flow. So the thing I'm most pleased
in the results was simply we created one hundred and
thirty five point three million of operating cash flow and
use that cash flow to pay down debt ninety two

(16:29):
point one million. Repayment of debt our net debt is
now ninety three point four And as you know, well Mike,
that means we're in control of the company, not the bens.

Speaker 2 (16:40):
Is yours a Sandford story as opposed to a Fishing story,
then do you think?

Speaker 7 (16:45):
Yes?

Speaker 13 (16:46):
Very much? So I'm to borrow a quote, I'm there
to make Sandford great again.

Speaker 2 (16:52):
Good on you. Where's China fit into all of this?
And what can you tell us about China as opposed
to say, America as a market.

Speaker 13 (17:00):
Yeah, that's a really interesting thing because you know, the
signals from the government and others are you know, we
need to diversify away from China. But from my point
of view, you know, I lived in Japan for ten
and a half years. Will bore you with my history,
but the reality is China remains a very important market
for companies like Centford. The fundamental thing that the world

(17:21):
wants from New Zealand is protein. So Centra's very much
a protein story in the same way that you know,
many of our dairy companies are forms, the largest one
from here and they will continue to just think about
the population and the growth protein. Growth of protein for
the next ten years is just up. It's very strong.
Back ones. Doesn't sound very exciting selling protein compared to

(17:43):
salmon or muscles or whatever. But China is very important
to us and so we are establishing strong relationships there
and the business is going well. Not now, it's tough
in China because discretionary spending has dropped away, and that's
just you know, to have internal issues and things like that,
but those things will get sold. Business is taking a

(18:04):
longer term view, not looking at last month, next month,
that kind of thing.

Speaker 2 (18:08):
What about the US and the tariffs, Yeah, it's.

Speaker 13 (18:12):
Again the tariff thing is interesting for us. You know,
I observe the change in beef and things like that.
But for us and for all news and exporters, it
comes down to who pays. So when it comes to
just quickly salmon our importers pay the tariff and they
believe they can pass it on the closer you get

(18:34):
to it, you know, a substitutable product, a true commodity
like for example, frozen half shell muscles, it's much easier
to substitute, so it's much harder to pass it on
where the ultimate consumer can change. It's had almost no
impact on centered in FY twenty five, and we don't
see you know ke for how I say that that

(18:56):
we don't see a big impact going forward.

Speaker 2 (18:58):
Well that's encouraging. All I can do is wish the
very best David Mayor, who's the boss at Sandford? This morning?
Right the Epstein vote nineteen away from seven Richard.

Speaker 1 (19:06):
Next the Mike Hosking Breakfast Full Show podcast on iHeartRadio,
par it by News talksp.

Speaker 2 (19:14):
Now, we got the news for you from Milford. They've
done it again, gone and pulled off a clean hat
trick for twenty twenty five, picking up three three Canstar
QW Saber Awards, are not just your average qv Saber provider. Obviously,
they've been crowned the can Star Qui Saber Provider of
the Year for the sixth year running. Also nabbed can
Star Outstanding Value ke we Save as Supreme Award, and

(19:34):
if it wasn't enough, they received the can Star Most
Satisfied Customer Award for q Saber. They've done that two
years in a row and on top of winning the
Consumer People's Choice Award for eight years in a row,
so that's impressive.

Speaker 9 (19:46):
Now.

Speaker 2 (19:46):
They put this success down to a skilled investment team
focusing on aiming to deliver that strong risk adjusted return
with the game of putting their members in the best
possible position, all the while delivering the outstanding service, which
is what we love. So it's time for change. Milford
word winning provide a very satisfied customers. Changing your Kiwisaber
account could not be easier. Once you've made a decision

(20:06):
to switch, you just jump on the website. You'll have
it all sorted in minutes. Past performance not reliable indicator
of course, a future performance. But Milford Funds Limited is
the issuer of the Milford Kiwisaber Plan, So you go
to Milford Asset dot com slash kiwisaber Milford Asset dot
com slash kiwisaber to read the product disclosure statement and
make the switch today. Pasking Like what the Sandford guy

(20:29):
said about debt holds true for New Zealand Ink as well.
Mike Fonterra and Sandford both transformed by becoming purpose led companies.
The challenge with purpose led us to preventing culture creek.
That's the trick, but well done. Couldn't agree more.

Speaker 14 (20:41):
Six forty five international correspondence with Ensit Eye Insurance Peace
of mind for New Zealand business, which.

Speaker 2 (20:47):
Would good morning, it's a good oneyway. How's the Saudi
print settling into the yellow chairs.

Speaker 9 (20:52):
Seems to be a happy chappy. But what a scene.

Speaker 15 (20:54):
They had the brass band on the White House balcony,
the honor guard and the military jet flyover for the
arrival of the Saudi Crown Prince Muhammad bin Suloman.

Speaker 9 (21:06):
Yeah they go the fighter jets. Yeah.

Speaker 15 (21:14):
Trump is praising the Saudi leadership, including the Crown Prince's father.

Speaker 16 (21:20):
He greet him at the airport at an age that
was pretty high up there, and it was about one
hundred and seventeen degrees and he was standing on the
red carpet as they came out of the plane.

Speaker 15 (21:29):
Yeah, obviously Trump enjoyed the the meeting and the ceremony
that he was given on that trip earlier on. This
is the Saudi's first White House visit more than seven
years since just before Saudi's murdered Washington Post writer Jamalkas
Shogi and hacked him to bits in an assassination that
US intelligence say was ordered by Bin Sulmon. Ku Shoggi's widow,

(21:51):
Hannon says now that this lavish White House welcome is
one she finds quite very painful.

Speaker 9 (21:56):
Bin Sulmon is hoping to.

Speaker 15 (21:57):
Seal a deal for the purchase of F thirty five
Stealth Strike fighter jets. They are pledging in return more
investment in this country.

Speaker 16 (22:07):
I want to just tell you what an honor is
to be your friend, and I very much appreciate the
investment of down one trillion dollars.

Speaker 9 (22:14):
Okay, So I'm glad you got that out.

Speaker 10 (22:17):
I didn't want to be the one to tell.

Speaker 14 (22:18):
Them, but it's great notice to keep increasing with the president,
and at each time the opportunities are just increasing more
and more.

Speaker 15 (22:25):
This is Trump towers are planned for Rea and Jedda,
and the Trump family also is a wedding word on
involvement in a sixty three billion US dollar government run
development in Saudi Arabia thraw company headed by Yes who'd
been Sulmon himself. The Saudis also gave because two billion
to Trump's son in law, Jared, So cash is flowing and.

Speaker 2 (22:43):
We're standing by for the by what do you got
eight o'clock?

Speaker 15 (22:45):
Yeah, yeah, it's a bit over oil from now and
for months, of course, Donald Trump has been trying to
kill the move to release all of the files related
to pedophile Jeffrey Epstein and his lyne cohort Ulaine Maxwell.

Speaker 9 (22:57):
Now with an.

Speaker 15 (22:57):
Expected surge of support for the release expected with a
vote coming up soon, Trump was cornered politically and says
he would now sign a measure to put those files out.

Speaker 9 (23:08):
He says, I don't.

Speaker 16 (23:09):
Take into whatever they want, so we'll give them everything. Sure,
I would let this sad look at it, let anybody
look at it, but don't talk about it too much
because honestly, I don't want to take it away from most.

Speaker 15 (23:21):
Nother one to lose the spotlight. Seriously, leading up to
this vote. Many of the Epstein victims spoke at a
news conference held a short time ago. In front of
you was capital, said one of these women, who were
because school kids. When Epstein and Maxwell got the hooks
into them. One of them said this, in relations of politics, it.

Speaker 17 (23:37):
Is not about you, President Trump. You are our president.
Please start acting like it. Show some class, show some
real leadership, show that you actually care about the people
other than yourself. I voted for you, but your behavior
on this issue has been an national embarrassingment.

Speaker 15 (23:55):
No, that was pretty direct, said another of these survivors.

Speaker 12 (23:59):
Now I am traumatize. I am not stupid.

Speaker 17 (24:02):
Choose the children, Protect the children, all children.

Speaker 15 (24:07):
They also released a video montage of many of the survivors,
whom they indicate could be as many as one thousand,
one thousand young girls abused by Epstein and co. He
is part of that video.

Speaker 12 (24:18):
I was fourteen years old, I was sixteen years old.
I was sixteen, seventeen, fourteen years old. This is me,
this was me, this is me when I met Jeffrey Epstein.

Speaker 15 (24:28):
Also among the victims was the brother of Virginia's Euphrey,
who was recruited by Juline Maxwell when she spotted this
young girl at Trump's more Laga. Years later, Maxwell, whom
Trump now refuses to rule out a pardon for Julaine,
Maxwell pursued Virginia Deuprey to Australia, where she tried to
start up a new life away from it all. Maxwell
threatened her. Virginia Deufrey wound up taking her own life

(24:49):
on April the twenty.

Speaker 9 (24:50):
Fifth of this year, says her her brother. In thinking
back on all of this now, she.

Speaker 4 (24:55):
Became a beacon of hope, a warrior fighting not just
for herself but for every survivor who suffered in silence.

Speaker 15 (25:06):
He could barely speak at times through the tears. This
news conference was carried live by the US networks, with
the exception of one. Fox News did not carry this.
Three politicians also spoke. They were the two House members
who pushed for the release of the files, Thomas Massey, Republican,
wrote Conad Democrat, and also matri Taylor Green, who has,
as we've been hearing, split with Trump on this issue,

(25:26):
and who said when she woke up and it was cold,
she thought hell had frozen over today?

Speaker 9 (25:31):
Well has it?

Speaker 15 (25:32):
Trump could unilaterally release these Epstein files at any point
without the need for any congressional vote. Now he's called
on the Justice Department to look for only Democrats who
were involved with Epstein. Mid speculation that even if the
Congress votes for the files to come out, Trump then
could argue that they can't be made public while an
investation is underway.

Speaker 9 (25:49):
Thomas Massey says.

Speaker 16 (25:50):
Don't knock it up in the Senate.

Speaker 12 (25:51):
Don't get too cute.

Speaker 9 (25:53):
We're all paying attention meantime.

Speaker 15 (25:54):
How's this for lack of decency? Texas Republican Troy Neil
said he would be a hard no one releasing the files,
with Trump suggesting maybe he's open to it. Congressman Neils
did a one ad and says he will vote.

Speaker 9 (26:05):
For it now. What a hero. Speaking of which, there
are lots.

Speaker 15 (26:07):
Of names and sickening emails released in the files that
have already come out. One is Larry Summers, who was
Treasury Secretary under Clinton and Harvard's former president. He now
says he's stepping back from public commitments, and while he
says he has quitte deeply ashamed of his actions and
recognizes the pain they have caused, he will still remain.

Speaker 9 (26:24):
As a paid Harvard professor.

Speaker 15 (26:26):
He kept writing to Epstein after his first pedophilia conviction,
and in one email he wrote to Epstein, I'm trying
to figure why American elite think if you murder your
baby by beating an abandonment, it must be irrelevant to
your admission to Harvard. But hit on a few women
ten years ago, and you can't work at a network
or think tank.

Speaker 9 (26:42):
So Professor Sleeves.

Speaker 2 (26:44):
Bag see Friday, Richard Arnold states, a couple of other
important things to tell you about Stateside in the moment
nine to two, the.

Speaker 1 (26:50):
Mic Hosking Breakfast with Bailey's real Estate News talks the
be a couple of things.

Speaker 2 (26:55):
US Judge twenty four page opinion yesterday, William Fitzpatrick's name.
It's gone badly wrong for the show Trump campaign. In
terms of comy, it was always going to It was
a sketchy old thing, but it didn't go well yesterday.
So a lot of waters still to go under the bridge.
But follow that with interest. Switzerland also as part of
the deal two hundred billion dollar investment, they cut their
terror from thirty nine percent down to fifteen. But they're

(27:15):
also dispatching the heads of Rolex in Richmont. Richmond of Cartier,
among other things, to the States this month to bring
gifts to donald They're going to bring them a gold
rolex and a specifically engraved gold bar. I mean, how
pathetic five minutes away from seven.

Speaker 1 (27:32):
While the ins and the outs. It's the biz with
business fiber, take your business productivity to the next level.

Speaker 2 (27:39):
Angsty time. It's Christmas, so we get all miserable. Accenture
have got the feedback this morning, Holiday and shopper outlook
the Accenture Holiday and Shopper Outlook seventy five percent. This
is locally. Three quarters of us are telling the higher
cost of living will affect our gift giving compared with
the year ago. The most edgy are the under forty fives.
Two thirds of us have had enough of the advertising
we fuel bombarded already. Half of us over half of us,

(28:01):
in fact, are already stressed out about the gift giving process.
We don't like options. We do not like options. Forty
four percent of us are feeling overwhelmed by too many options.
That's thanks to online shopping. You go on that internet
thing and it's just full of stuff. A third of us,
so if we had some items in an online cart,

(28:22):
it becomes too overwhelming, so we walk away from the cart,
which globally that happens eighty four percent of the time,
So thirty percent of us we're quite good. So once
we get to the cart, we're into it. Apparently eighty
four percent internationally go, I'll abandon the cart anyway. Semi
good news. Bricks and Mortar, forty six percent say we're
going to shop in person. That's a good story. I
think I've been proven right on the bricks and Water.

(28:43):
Years and years ago, I said, watch bricks and Water,
it's not going anywhere. Everyone said, oh, no, one all
years bricks and water anymore. But you read the warehouse results.
You read Brisco's results, and yes, their online stuff is increasing,
but not much. You know the warehouse. I can't remember
the number I read the other day, but it's like,
you know, eight percent of people buy online.

Speaker 1 (29:01):
Yeah, there online things.

Speaker 2 (29:03):
Well, what about Briscos never bought anything exactly. You're at
bricks and mortar. Nine percent say we're mainly going to
use chatch ebt to select gifts because we can't even
make up our mind anymore because we're too damn angsty
news is next for you?

Speaker 1 (29:19):
Credible compelling, the breakfast show You Can't Bess It's the
Mic Hosking Breakfast with Bailey's Real Estate doing real estate
differently since nineteen seventy three.

Speaker 2 (29:29):
News Togsdad B seven Past seven Big Picture of Stuff
from Business New Zealand for you this morning. They're report
into the future of n Z. They're looking at key
issues that face us between now and twenty fifty lack
of workers called of a million of them, cost of
health and pensions, twenty five percent, chance we've got zero
population growth. Catherine Beard's the Business New Zealand Advocacy director
and us well there's Catherine Morning, Good morning. Do you reckon?

(29:49):
We're up for this is a country.

Speaker 18 (29:52):
Look, the only way we're going to meet these challenges
really is to have a bit of a collective vision
about what good looks like in the future. And there's
definitely a concern from the business community that we are
sort of stuck in a cycle of short term thinking.

Speaker 12 (30:07):
You know, we have three.

Speaker 18 (30:08):
Year electoral election cycles, we have changes of government, we
have policy u tunes and flip flops, and we're not
really planning for the future. We're sort of stumbling towards it.
In kind of a blindfolded fashion. So this report's really
designed to get everybody to think outside the box. How
big do we want to be as a country or

(30:29):
do we want to sort of shrink into increasingly unviable future.

Speaker 2 (30:34):
Yeah, I wish you well with a quarter of a
million workers and that's directly tied in with zero population growth.
Do you reckon we're still a magnet for people who
want to come here or not?

Speaker 18 (30:43):
Look, I think we can be, but again that has
to be part of the plan and the thinking why
would talent want to come here? And in fact way
even would our children want to stay here. So we
have to provide high paying jobs, we have to have
affordable housing and you know, to have.

Speaker 19 (30:59):
To future here.

Speaker 18 (31:00):
And we've got some fantastic attributes, but we really have
to be competitive with Australia frankly.

Speaker 2 (31:07):
Indeed, and we're not. And this is not new do
you guys? Not just a business New Zealand, but in
general get sick of producing reports that say the right thing,
but nobody does anything about them.

Speaker 18 (31:18):
Look, I think part of our hope with this report,
and we've put it out very widely amongst all the
industry groups, is that everybody starts singing the same song
and we actually put pressure on the politicians to depoliticize
the things. Sure they're going to have differences of opinion,
but you know, when you're campaigning in opposition on the

(31:40):
fact that you're going to reverse everything that's currently been
implemented from a business perspective, that's really hopeless.

Speaker 2 (31:48):
Isn't it, CARSA. All I can do is wish you
well With Katherine Catherine Bier, who's the Business New Zealand
Advocacy director. I think Luxem, to be fair to him,
has reached out on the infrastructure side of the equation
and tried to make it a bit apolitical, but I
don't know that Labour's too open to that sort of
thinking at the moment. Anyway, Mark and Jenny after eight
on that perhaps no minutes past seven. Speaking of which,
if you want to reason as to why we might

(32:09):
not be traveling that, well, how about the Q three
data from the Drug Detection Agency. So we got the
cannabis that's now present in seventy one percent of positive
tests up eight percent. Why wouldn't it be twenty three
percent test are positive for amphetamine type substances? Significant increase
on the old cocaine, good stuff. Glenn Dobson's the Drug
Detection Agency CEO. Good morning, Yeah, goodbody, Mike. Just for

(32:29):
clarification sake, this is workplace testing, right, yeah, correct.

Speaker 20 (32:34):
The most of the testing we do are in workplaces.

Speaker 2 (32:36):
Right. So if I'm just trying to find out what
sort of picture we're painting for New Zealand, if I
round up one hundred random workplaces, are there drugs in
all of them?

Speaker 20 (32:47):
Look a good question. It's a decent snapshot of I
guess New Zealand workplaces. You know, the positivity rate in
this last quarter is just under four percent. So in
in another way of looking at it, go to workplace.
You've got a hundred work on average, four of them
are potentially impaired by drugs.

Speaker 2 (33:04):
But if I went to a forestry business as opposed
to an accounting business, as opposed to a retail shop,
surely I'd find vast differences.

Speaker 9 (33:13):
Yeah.

Speaker 20 (33:13):
Possibly. Traditionally drug testing has been and what we describe
as safety sensitive industries or blue collar industries. But that's
been changing a lot over the last several years, and
a lot of white collar businesses are drug testing now
looking at brand protection, risk mitigation that type of thing
as well.

Speaker 2 (33:30):
Okay, so the variance in drugs does it tell you
anything of there's a lot of versus a lot of
meth versus a lot of coke. What's that tell us?

Speaker 20 (33:39):
I guess it's a really good oversight of what's happening
out there in society.

Speaker 21 (33:44):
Ration of the supply of drugs.

Speaker 7 (33:45):
Cannabis is always high.

Speaker 20 (33:47):
Ineration to our positivity rates, but certainly in the latest
quart of methamphetamine is down slightly. Opioids is pretty steady,
that's no surprise. And opoids has been steady for a while,
which is a real concern. And are we still follow
the trends of global use?

Speaker 2 (34:02):
Do you find I mean lot you work in it.
Do you find this depressing? I just find this just
unbelievably depressing.

Speaker 20 (34:09):
Depressing, No fascinating. It's dynamic, it's changing. We're affected by
a number of factors, both local and global economies and
supply Chaine and so forth. I look at it as
I want my friends, my families, my colleagues to be safe.
And that's we want to do here, is we want
to eradicate the risk of drugs in the workplace. Of

(34:30):
pill can be safe?

Speaker 2 (34:31):
Is it about safety as much as it is about
I don't know morals or behavior or the dichotomy that
faces New Zealand. At the moment. All I see is
a country that's got problems. And then I talk to
a person like you and we're all on drugs, and
I think, well, there's join a couple of dots.

Speaker 20 (34:48):
Yeah, I guess the moral ethical question is saying that
that political parties and society will grapple with for years
to come. From our perspective, it is purely about safety.
We were at a jugment calling too y people take drugs.
The civil situation is we don't want the pilot, we
don't want the surgeon. We don't want the person driving
the truck in our roads to be affected by drugs.

Speaker 2 (35:08):
Fair enough, Glenn appreciate at Glenn Dobson Drug Detection Agency,
thirteen minutes past seven.

Speaker 9 (35:13):
Pask getting Mike.

Speaker 2 (35:14):
We need to hear more from people like the Sandford
CEO to realize how positive we can be. Too many
academics and union officials get airtime. Tony couldn't agree with
you more on the subject of the economy, broadly speaking,
median rent down again. So if you Landlord, bad news
if you're a rent of good news, it's down to
sixteen medium price around the country. Lowescense May of twenty

(35:34):
three decreased another ten bucks in September, down four percent
on the same time last year. Some big movements you
don't want to look at month and a month, as
I keep saying, I mean Wellington for examples, down over
seven and a half percent, Otigo four and a half percent,
eight and a half percent down in Gisbon, left hand
side of the country. As you look at a map,
something's going on because they're up Southland, up, Nelson, up,

(35:54):
Taranaki up. But the rest of the country pretty much
everywhere has gone backwards.

Speaker 1 (35:58):
Thirteen past the Mike Asking Breakfast Fall Show podcast on iHeartRadio,
Howard By News talks at b.

Speaker 2 (36:06):
You're across at the Kashogi thing came up in questions
with Trump. Trump defended with the old there's nothing to
see here line didn't know anything about it, and they've
all moved on. Seventeen past seven, So what's going on?
Invocational training back here of those who enter less than
half finished. Greg Durkin as the bc ITO director and
as with us, Greg Morning Yeah one in Mike k

(36:27):
are you very well? Thank you. Penny Simmons says, it's
not blanket across all industries. Is that true?

Speaker 10 (36:33):
Yeah, that's true.

Speaker 21 (36:33):
I think the minister's numbers. She's talking about apprenticeships across
a wide range of industries. Bcico we look after fifteen
construction industries and our completion rates, depending on the industries
range from around about seventy five percent down to about
sixty five percent.

Speaker 2 (36:53):
Would you be happy with those numbers?

Speaker 21 (36:55):
Yeah, I think that lock Cay can always be better,
but I think that like all jobs, people who start
don't always finish. You know, constructions not for everyone, but
there's a lot of people who are entering our apprenticeships
and who are completing. You know, we noticed around about COVID,

(37:16):
and it wasn't because of COVID that the numbers of
withdrawals were increasing. We did some research on that and yeah,
there was some We certainly found out a bunch of
things and that there was no single reason, no singular reason,
but at the cost of living and changes in the

(37:38):
economy certainly had a big part to play.

Speaker 2 (37:40):
And when you say changes in the economy, there are
easier jobs elsewhere, do they then leave? Is that part
of the equation or are during COVID if they were
going to pay you us at home and do nothing.

Speaker 21 (37:48):
You kind of like that, Well, I think, yeah, if
certainly the cost of living has changed. You know, we
had a boom of building up until twenty three, twenty
twenty very and then a significant drop since then. So
that's had an impact on the affordability of people to

(38:08):
be able to stay in their apprenticeship when they could
go down the road and maybe get a couple of
dollars more in another role.

Speaker 2 (38:16):
See, this is the thing that concerns me because in
a tight economy, there are no jobs of people going on. Jeez,
maybe I'll be a builder or a plumber or whatever.
If you don't want to do it but you're forced
to do it, is that where the problem is, and
we're just sort of butting heads on people who just
actually don't want to be there in the first place.

Speaker 21 (38:34):
Oh No, I don't think that that's the case. I
think people, you know, the people who enter the contruction
industry in the main are generally really interested in a
future in construction, and that future is bright. The challenge
that we've got, Mike, is that the construction industry is

(38:55):
quiet at the moment, and employers are really struggling and
they're doing a really good job to try and keep
the apprentices that I've got.

Speaker 10 (39:04):
But we're going to you.

Speaker 21 (39:06):
Know, that's not going to last for ever. We're going
to see we will see a change in the construction
industry with increased command. And if we if we're not
training now, then we're just going to end up with
you and I having another conversation about skills.

Speaker 2 (39:19):
Well, I like you, Greg, and You're welcome on the
program anytime, but I'm sick of having conversations about supply
chain issues and pipeline issues in this country, not having
attack together issues. But I thank you for your time
for now, Greg Durkin, b c ITO Director. Some problems
never go actually, speaking of which, yet another one of
these problems that was raised just this week. More on

(39:40):
that in the Moment.

Speaker 1 (39:40):
Seven The Make Asking Breakfast Full Show podcast on Aheart
Radio Power by News talks.

Speaker 2 (39:48):
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quick because Chemists Warehouse Fragrance Frenzy sale it ends this Thursday,

(40:35):
this Thursday, right as in tomorrow, So in store online,
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now at seventwenty four. That's how we end up in trouble. Right,
things have said that are not challenged. So headline from
yesterday headline New Zealand will be dumping ground for high

(40:57):
emission cars. That was a claim from an EV lobby group.
I wonder why they would say that. A Chris Hipkins said,
or was allowed to say to media, we had one
of the highest uptakes of evs in the world and
the government stopped it. Now, let's deal with a bit
of fact here. In context, the government and the announcement
over car import charges has a mess on its hands.

Speaker 7 (41:17):
Right.

Speaker 2 (41:17):
It is a mess because the previous government invented a
set of rules that didn't work. Didn't work whenever going
to work, they jurymanned a market that really really is
a smart economic or political move. Hipkins's reference was to
his subsidy scheme for evs. Right, the taxpayer gave thousands
of dollars to middle class tes la buyers. Now was
it one of the highest uptakes in the world. I

(41:37):
don't know, but it certainly helped sales. Discounted stuff, stuff
paid for by other people tends to help sales. I
reckon off the government offered to renau your bathroom. I
reckon bathroom renaults would go through the roof. As for
a dumping ground, well, how about less snobbery and more
acceptance that New Zealanders are actually allowed to buy the
sort of car they want. A lot of people don't
have fifty to eighty thousand dollars or even if you

(41:59):
go Chinese, thirty thousand dollars for an EV, or even
if they do, a lot of people simply don't want
an EV. Some people want a hybrid, and that's fine,
But if you direct people through taxes towards outcomes, at
your peril. The climate obsession has ended up basically up
ending markets and driven a level of complexity through charges
that the government literally doesn't know how to get out of.

(42:20):
They've got importers bringing in cars they can't sell. What's
the point of that? People will buy what people will buy.
This isn't China, where you're told what to do when
you're cajoled allegedly through tax and fees. Look what happens.
The biggest irony is supplies and issues. See the importers
can't get the stock they need. Why not, Well, one
we drive on the opposite side of the road to

(42:41):
a lot of countries, but two manufacturers, as you well,
we're are pulling back on the production of these cars.
The government scheme wants you to import these cars, but
they're pulling back on production. Why are they doing that,
you ask, because they can't sell them? Obsession, interference, meddling
and stupidity. It will trip you up every time ask.

(43:02):
Talk to Mark and Ginny about this. Labor Party tried
really hard in the House yesterday to get Chris Bishop
MP for Hut South. It's got to do with a bridge.
Kayeing or Aura have a budget and part of their
budget is for in this particular case, infrastructure for water.
Counsel wrote to both Bishop and the Finance minister and said, look,

(43:26):
can we use the money elsewhere? This bridge is going
to be really cool. We want the bridge. Can we
use the money instead of the water? Can we put
it into a bridge? Bishop talked to Nikola, and Nikola
talked to Boshop and they said sure, why not have it?

Speaker 10 (43:37):
Now?

Speaker 2 (43:38):
Labour think that's a scandal because of course Bishop's in
the area, he's the Hut South MP. Suddenly he's sprooking.
He's advocating money that was allegedly for quote unquote housing
for bridges. Now is it a scandal? I don't see
it as a scandal myself, because two ministers made the decision. Therefore,
you know he can, and he followed the rules. There's
no question he broke the rules. He followed the rules

(44:00):
the whole way through. But this is the sort of
myopic crap that the country dabbles in, literally on a
daily basis. And then you end up interviewing Catherine bed
with a multi decade sort of project, hoping that we
can get ourselves our act together over the longer period
of time. And then you look at the bridge thing
in the heart and you wonder why we haven't.

Speaker 1 (44:19):
No fluff, just facts and fierce debate. The my Hosking
Breakfast with Vida, Retirement Communities, Life your Way News togs
Head be.

Speaker 2 (44:28):
Funny story about Cop thirty one. Australia was supposed to
host it and it's gone all pear shaped for Eld
and Easy, and I don't think he knows what to
do about it. And the backstory is interesting and where
it will end up is even more interesting. But I'll
get Steep to do some of that for you in
about an hour's time meantime. Back here at twenty three
to eight, the ghost of labor past is back to

(44:48):
haunt us with more spending ways. Almost thirty eight million
bucks was handed out on a flexy wage program for
the self employed. So this was a COVID idea trouble
as large numbers of the businesses have failed and the
recipients are back on the doll Anyway, Phill o'riley's former
Welfare Expert Advisory Group member and is back. Well there's
film morning to you morning, mikel. Although it does include

(45:09):
the national government. I'll come to that in just a
couple of moments. So the whole thing was boosted in
twenty twenty one. Was this a waste of money? Why
if you want to set up in business and we
handing out taxpayers money.

Speaker 22 (45:18):
The idea of people being supported to set up a
business is issue a good idea in principle, Mike, You
look at the problem is that the money wasn't monitored
properly and far too much of it was spent. That's
the problem, not the idea that the idea is this.
You're if you're say a middle aged man or a
young woman living in rural New Zealand, what's your chances
of actually getting a job? You know, and I've always argued, look,

(45:39):
if you can make your own labor market by starting
a business, that's a great idea, and of course many
even can start these days with the Internet and so on.
The successful businesses can be so anyway. So I've always
argued that there is a role for mist to think
about that, because otherwise we'll just pay money to people
on the doll for years and years and years maybe forever,
and get nowhere. So the idea is the right idea.
The problem is that they spent far too much, and

(46:00):
it was far too lax, and there wasn't enough monitoring
and measurement of outcomes. Bear in mind also, but look,
when you start a business that often fails. That's the
nature of these things, so you are going to get
high failure rates. But I think the idea is right.
The execution obviously woefully bad.

Speaker 2 (46:15):
So where are we at now? Because this was in
twenty one. By the time we get to twenty four
to twenty five, they've curtailed it to a degree. But
as far as are still going, isn't it.

Speaker 22 (46:24):
Yeah, there will be some of these projects going, But
as I say that, the challenge will be to get
government bureaucrats to actually measure and monitor outcomes that lead
to good places. Bearer in mind, they don't give this
very well for people getting jobs. Either might fee exactly
what they measure is people moving off the dog getting
a job. They don't measure, for example, how long they
stay on the job. They don't measure whether it's not
the best my knowledge. They don't measure whether or not

(46:44):
the job actually led to better prospects for this person.
So they don't measure quality outcomes. They measure an outcome.
It says, I move off the doll into work. So
there's a lot that's wrong with the way and whish
work and income in the Ministry of Social Development do
these things. But I think that the idea of these
programs is the right idea. But we just need to
get much much better and much tighter about the way
we spend the money in the way we want.

Speaker 2 (47:03):
Are they capable of doing it? Even if you got
to know, kick them up the bomb or whip them
into shape? Are they capable of monitoring in a way
that would make this work?

Speaker 22 (47:13):
Kind of? I think there's never going to be perfect
these things. Of course, there is always going to be
because what's the successful business. You know, how do you
measure a monitor that and how do you define it?
But you know it's not impossible. Bear in mind, all
big bureaucracies, including private sector bureaucracies, struggle to monitor and
measure things properly because it's a big industrial machine. They've
got to measure thousands of these things and monitor thousands

(47:33):
of these things all at once, so it's never going
to be perfect. But over got to face in the
public service, I think they can so honestly, as long
as they get the program right from the get go.
What's the program trying to target, what's to trying to do,
do some pilots and then find out what works and
then expand it. That's probably that probably hasn't happened here.

Speaker 2 (47:49):
What is the criteria, because is it just like, hey, look,
I want to sell sizag drives in a cappuccino and
they go, that's hospo and there's too much hospo or
they don't care. As long as they think you can
sell Suze roles in cappuccino, they'll back you.

Speaker 22 (48:02):
I suspect it's still has toy. I'm not exactly sure
of the detail that might but I'm pretty sure it'll
be the latter, which is to say, if you can
come up with a sensible sort of business plan, you
get some mentoring maybe around that, then a where you
go better. Mind of course, in the private sector you're
allowed to start a business sits in the crowded marketplace too,
of course, so nothing wrong with that particularly. The challenge
is more, that you know, is the misty putting in

(48:22):
place the right training mechanisms that these people. Are they
putting in place any sort of mentorship or guidance for
them or are they just sort of giving them a
bit of money and hoping it succeeds, Because as you know,
you know, if you want to start a small business
then you don't have a bit of guidance and you
don't have a bit of support, then you're going to fail.
So the question I'd be asking you, misd is not
whether these programs are a good idea. They are, they
probably need to be more limited, but what are you

(48:43):
doing about making sure you learn from them so that
more people can succeed? And what the Taxpayers Union is
clearly pointed out is that's not happening, and that's the
bad thing.

Speaker 2 (48:50):
Nice stuff film appreciated as always. Pillow Riley, former Welfare
Expert Advisory Group member. The reason I ask about hospital
is we get in in the area we live. You
get a sort of a local community update and a
big list of the stuff that's happening in the area
in terms of businesses that are on the verge of
opening any day now. And I got the list the
other day, and what was bullish about it or what

(49:12):
was good about it is there's a lot of businesses
that are opening. I'm thinking, right, things are turning, things
are right. People are wanting to take a risk. This
is fantastic. But then I go through the risk at
a list and I can't remember how many people there were.
There's maybe twenty new businesses that were going to open
up over the next six months, about eighteen of them
a hospit Now I'm so I'm taughn. So on one hand,
if you want to open something that's hosspo, good on,

(49:33):
you go for gold. Couldn't care less. But then I'm thinking, well,
if there's eighteen of twenty businesses that are opening that
a hospo, how many of those are going to last?
And the answer is not many. And then your next
thing I'm going to do is be interviewing old miss
Bidoir from the restaurant Association, who's telling me how tough
hospow is and how difficult is. I'm not surprised because
every man and his dog's opening up a cafe and
then they don't last because we're over cafed in this country.

(49:56):
We're over hospowed in this country, and there's not a
mechanism in play whereby they go, Look, have you thought
about the possibility that if you're opening up yet another
bubble tea operation, it isn't going to last very long?
Maybe you want to look at something else, or are
you a country that says if you want to give it
a go, give it a go.

Speaker 1 (50:13):
Eighteen to two The Mike Asking Breakfast Full Show podcast
on iHeartRadio, powered by the News Talks it be.

Speaker 2 (50:25):
So I come back to the thing I've got the
number I referenced to it earlier on seven percent. This
is the warehouse online. So seven percent of their sales
are online. So if you read it right, online sales
and increase eight point two percent, you go, oh, eight
point two percent, that's quite good. But only seven percent
of their sales are online, so that means ninety three
percent that aren't. Why am I telling you this? Well,
I referenced it earlier and I've become fascinating, fascinated in

(50:46):
retail and what's going on in this country at the moment.
It's a very good piece in the spinoff the other day,
which is an odd site, but nevertheless, every now and
again they come up with something relatively interesting. They came
up with a very interesting article about the future of
department stores. I'm a big fan of department stores, big
fan of bricks and mortar, and my mate Eddie announced
the other day that he's opening a department store in Auckland,

(51:06):
a place called Faradays. He's already got a place called Faradays,
but he's having a bigger place called Faradays, and he's
getting thirty million dollars from somewhere and going into a
spectacular building in Queen Street. Now, if I didn't know
Eddian love Eddie, I'd look at Eddie and go, are
you insane? Of course, because you know the downtown Auckland story.
But the guy's an entrepreneur and he's bullsh and I
think he's the sort of bloke he will make a
success of it, So good on him. So how come

(51:27):
he can make a success of it, assuming he does.
At the same time, and I'm reading about the warehouse.
The's seemingly never ending turnaround at the warehouse that doesn't
seem to be turning around. They've got a new bloke
running the thing called Mark and so they've been saving money,
ahead office and doing all that sort of thing. But
you look at the warehouse story and you think, well,
bricks and mortar. Basically, they're a department store, aren't they.

(51:47):
They're a big place where you go in and buy
a whole bunch of stuff. How come they don't work?
But then I talk to Rod who runs Briscoes, and
Rod makes it work. So he's a big shop with
lots of things, and he makes it work, And I'm
thinking it is the model. At the end of the day,
it's not the thing. And what we do is we
focus on the thing. We say retail is in trouble.
We say hospo is in trouble, and that's all averages.

(52:11):
And we don't want to look at averages. We want
to look at specifics. Because Briscoes isn't in trouble. Brisco's
is laughing, the warehouse isn't. They're in trouble and have
been for ages. So what's the difference, what's right, what's wrong,
Glynn said earlier on their warehouse is online offering, Isn't
that flash. I wouldn't have a club, never gone to
the warehouse, and I don't know anything about it, but
apart from the fact that my friend Joan is the chairman,
and I love Joan and I wish her the best.

Speaker 23 (52:33):
But having you soon tell Joan to just put things
that are actually at the warehouse on the website and.

Speaker 2 (52:38):
Not to then they're one of those people out.

Speaker 23 (52:40):
There and we're buying stuff from about three or four
different places.

Speaker 2 (52:43):
My wife Actually, I'm glad you raised that. My wife
goes on about that lot. So you think you buy
something but it's not there, and you give them the
money and then they tell you it's not there, but
it will be soon and then in their lives and
if I want to get it from no Leaning, I'll
go to nole eaning. You know, yeah, I know what
you're saying. Anyway, It's just what I'm saying is if

(53:04):
you want to do it, and do it well, here's
my life advice, and I've got too many examples, but
it doesn't matter what part of life you're in. If
you're determined and dedicated and good at what you do,
you will succeed. Now if you can go out there
and find examples of people who aren't succeeding and go, oh,
retail's no good at the moment.

Speaker 9 (53:24):
Wrong.

Speaker 2 (53:24):
If you're good at what you do, retail's fine at
the moment. Has been all along. It's restaurants. I can
name you a couple of restaurants that we like and
we go to they're booming. You cannot get a table
at these places. They've got cues out the door on
a Saturday night from people who are desperate to get
in but haven't booked and forgot. They're booming. Oh wait
a minute, but hospital isn't. No, it's not not. If
you do the job right, then quickly. I'm almost out
of time on this, but I'm coming to Joseph Parker.

(53:47):
Wardley gets the title. You sick, gave it up, relinquish
the title. Do you know what I'm talking about? So
Parker fights Wardley and you sick, which was cab off
the rank unless he relinquished his title, was going to
fight the winner of that fight. So Wardley wins. Disaster
number one Disaster number two. The news over the weekend

(54:11):
about the cocaine alleged and then you sick yesterday. Guys,
don't worry, don't what the wbo o belt anymore. So
this bloke Wardly that no one's ever heard of is
suddenly a title holder next cab Off the rank undisputed
champion of the world, which he won't be, of course,
because you're not that good. Meantime, Joseph's either here or
in Sarmaia waiting on a cocaine result. An interesting how

(54:34):
life goesh turn away from at.

Speaker 1 (54:37):
The Mike Hosking breakfast with Vita Retirement Communities News togs
had been.

Speaker 2 (54:42):
The warehouse issue was in the model c kmart. It's
the offer. They lost touch with their customer. It's not
a batter point seven away from h We've got a
new headgear aimed at boosting junior rugby safety. This is
the University of Canterbury. They've developed a soft shell design
that offers better impact absorption. Prototypes undergone extra of testing,
plans to expand into the US secure licensing with will Rugby.

(55:04):
Nick Drapers, the professor at the University of cantery Faculty
of Health and as well as Next Morning, Good Morning.
So there's been an exciting journey for you.

Speaker 19 (55:13):
Yeah, it has has been a ten year journey, but
we're getting really close to having a finished product now
with a view to.

Speaker 2 (55:20):
It being commercially successful. Or is this an esoteric project
that sort of came to life and took on a
journey of its own.

Speaker 19 (55:26):
Sure, so, I guess this started sort of ten years
ago and a conversation. I had an idea around a
material that might help to sort of reduce impacts because
I'm a parent of three boys that play rugby, and
I looked at it and spoke to Keith Alexander, who's
a professor of engineering at UC and he and I
sort of had this back and forth conversation. Eventually decided

(55:48):
we needed to measure the collisions in rugby first, and
it kind of started from there and then that's been
a you know, so the journey of testing materials and
understanding collisions more clearly as we gone through the research,
and we're now at a stage where we've got to
finish product. The aim of this is to put it
onto the market, but all of the money that we

(56:09):
generate from sales will be reinvested into the research because
our focus is on how we can make the game
safer for young people.

Speaker 2 (56:15):
What are you up against product wise? What's out there?

Speaker 19 (56:19):
Well, there's a range of products. There's sort of standard
headgear that you see nowadays, which was approved under sort
of regulation twelve of the rules around sort of equipment.
And then there's a new World Rugby launched in twenty nineteen,
a new sort of law for trial which allows head
gear to be developed as a medical device, and that's
where we would fit into that category. And we're using

(56:42):
in that stace, we're using materials that will absorb some
of those impacts in the collisions.

Speaker 2 (56:48):
Is it a better product?

Speaker 19 (56:51):
We think we've tested it and it's as good as
all better than any any product product on the market.
What the research has been about, what's.

Speaker 2 (56:58):
The market say? I mean people want to buy the
stuff if it's there. I mean do players go yep,
I'm going to protect myself. Where you've still got a
hurdle there and convincing people, Well.

Speaker 19 (57:08):
That's a really interesting question. I think if you look
at the professional game, you've see an increasing number of
players that are wearing head gifts. So I think there's
a concern and I think there's a demand there. But
the narrative is quite confused at the moment because the
sort of main thing that you hear is that heger,
you won't stop a concussion, and I think we need
to change that narrative to one of actually not thinking

(57:30):
about stopping concussions, but reducing the impact load over through
a game, across the season, and through a career for players,
and that's where those impact reducing materials can be beneficial.

Speaker 2 (57:41):
Fantastic, Nick, I wish you were with the journey, Nick Draper,
who's professor at the University of Canterbury Faculty of Health.
I was watching you see a little bit in the
NFL these days, they're very cleverly disguised and increasing number
of players. Yes they wear helmets, but they wear helmets
on top of helmets, so it's sort of visually borders
on looking slightly odd by the time you get to

(58:01):
that part. But it's a major issue in the NFL,
of course, in these class actions left, right and center,
so it's a big talking point. Yesterday Dallas, Dallas were
at their very best. I say that loosely because this
was Monday night football. Dallas were at the very best,
but they were playing Las Vegas and Las Vegas. I reckon,
I reckon I could beat Las Vegas, honestly, and I'm
just meet by myself. That's how bad they are. And

(58:23):
they were pretty bad, so Dallas looked perhaps a little
bit better than they normally are. But nevertheless, as they say,
a win is a win. And one of my heroes
in the game's guy called Pete Carroll. He used to
be the coach at Seattle and he's now in Las Vegas,
and I'm looking, I'm Saint Pete. Honestly, do you need this?
Have you've got a plan to turn this thing around
or not? Politics? Wednesday? It is Wednesday. Therefore, Mark and
Ginny are but moments away.

Speaker 1 (58:45):
Asking the questions others won't. The mic hosking breakfast were
the defender embraced the impossible news talks, they'd be.

Speaker 9 (58:54):
I got a big fan screen so you can see.

Speaker 2 (59:02):
You never guess these people in a million years. This
is weird ass. This is their twenty first album. It's cooled,
all washed up. There's a picture of a laundry as
opposed to being Maybe they're trying to be clever. I
don't know anyway. A Rick Nielsen is still his absolute
best on six strings allegedly see every song a reminder

(59:24):
of how their past achievements were truly special, while at
the same time letting everyone know they're still cranking out
songs with all the mannic energy, gleeful, abandoned and pure
pop songcraft they embrace from the stuff So silent Chip
trifty and silent Chip trick to eleven tracks, thirty nine
minutes and fifty six seconds, it is able to look

(59:47):
past eight. Time for politics Wednesday, Mark Mitchell's with Us
Long with Ginny Anderson. Good morning to both of you.

Speaker 24 (59:52):
Good morning, Mike, morning Jenny, Good morning.

Speaker 2 (59:55):
Were you, Ginny? Where you actually let me a broad
based open question. Where were you last night?

Speaker 12 (01:00:03):
Where was I last night? I was in parliament?

Speaker 25 (01:00:05):
Okay, were you at the function, the in New Zealand function?
If you say so, I popped into that very quickly.

Speaker 2 (01:00:12):
You know, I'm getting the one, I'm getting the word,
I'm getting the gossip. Mark And now you were there,
weren't you?

Speaker 24 (01:00:17):
Yes?

Speaker 2 (01:00:17):
I certainly was. Indeed, Jason was right.

Speaker 25 (01:00:21):
That was when the lights went out. That was quite exciting.
That was more exciting.

Speaker 12 (01:00:25):
Hold on, I thought that it was I thought that
it was.

Speaker 25 (01:00:30):
The government trying to save money by cutting the power,
or maybe it could have been the last New Zealander
leaving the country too.

Speaker 2 (01:00:36):
There wasn't It wasn't the keys in the Bolls type function?

Speaker 10 (01:00:38):
Was it?

Speaker 12 (01:00:41):
No? No, the lights were quite different to that.

Speaker 21 (01:00:45):
I thought.

Speaker 24 (01:00:46):
I thought you us had a scoop. We had some
sort of eagle comt at there.

Speaker 2 (01:00:49):
Well, well it was just no. Well you've raised it,
you've thrown the spanner and the works there, Jenny. I
thought the power cut was mid afternoon because I was
I was watching question Time and somebody was reporting the
power cut and I thought, well, hold on, question Time
is going to go into the dark. I've never seen
anything like this in my life. And it didn't, so
that you must have a separate generator.

Speaker 25 (01:01:07):
Yeah, I think we do. I thought we might have
had tortures. You could have played spotlight and question Time.

Speaker 12 (01:01:11):
That would have been.

Speaker 2 (01:01:12):
Wouldn't it be called pretty function? As well?

Speaker 24 (01:01:21):
I know that Lloyd Boo stopped me on the tiles
on the way into Parliament and he was very concerned
that the pair had gone out, which I had no
idea the pair had gone out, and he thought that
NIMA should be mobilized, and I said relax, Lloyd. It's
just the powers.

Speaker 2 (01:01:34):
Bloody, those bloody journalists. They're all the same, aren't they
name the name, namely the biggest pain in the asses
of journalists Mark that you deal with all the titles.

Speaker 24 (01:01:43):
Oh god, I can't do that. No, no, no, jeeps,
A good question.

Speaker 2 (01:01:47):
You've got so many do you want to start? Alphabeticley?
What do you want to do? So here was it
wasn't see the boss was at the function, Jenny, That's
what I was raising. It was at the function last night,
and it seemed to me that everyone was at the function.
Was this like one of the great functions of all time?

Speaker 12 (01:02:04):
It was good.

Speaker 25 (01:02:05):
We have a regular you know, functions that come through
and they're aways really good. So it's always a good
opportunity to make people from different parts of business.

Speaker 12 (01:02:13):
And yeah, it was good.

Speaker 24 (01:02:15):
We do have lots of functions. We've got Saint John's
in here this morning for a breakfast. So I've just
come from just to acknowledge the outstanding that they do
in New Zealand. One's a big one, thy might. That's
let's say, our national carrier. You know, you sort of
get everyone that's involved in trade and hospitality, tourism, so
it's always a big one.

Speaker 2 (01:02:33):
See I got invited to that, but obviously because I
don't go anywhere and don't leave the house, I never
go to it. You don't and when you're what are
the rules? So if I get if I get invited
to something by in New Zealand and I live in
Auckland but need to be in Wellington, do they pay
for that or because they pay for you guys, wouldn't they?

Speaker 24 (01:02:53):
Well we're there, but no, I don't think they would.
You could just send a cut sand down with a
cardboard cab or something like that there.

Speaker 12 (01:03:01):
Would Yeah, we could pop it up.

Speaker 2 (01:03:02):
Yeah, all right, so that as long as they got
the power sorted out. Now, Ginny, who comes up with
your heart Bridge scandal thing yesterday that you're asking nine
hundred and fifty seven thousand questions on who dreamed that
one up?

Speaker 12 (01:03:17):
Well, it was the the Post who ran it on
the front page yesterday.

Speaker 2 (01:03:20):
So you steal all your ideas from the Post.

Speaker 12 (01:03:23):
That was where the story broke. Yeah, so yeah, what
is what does.

Speaker 2 (01:03:27):
Karen Karen go? Hey, guys, guys for question time. Have
you seen the front page of the Post. Let's ask
some questions on the bridge.

Speaker 12 (01:03:35):
I don't know.

Speaker 9 (01:03:35):
I don't know.

Speaker 25 (01:03:36):
When you see someone who is taking money out of
one pot into another for a local election promise, it
doesn't It doesn't pass the sniftiest as far as as
far as.

Speaker 2 (01:03:44):
I'm concerned, doesn't it Well?

Speaker 25 (01:03:46):
You know, well, you know we have people in the
Heart Value who are living in cars on the Tony
for front, and they could have done with that money
for a water infrastructure to build more houses, so it
would have actually assisted people to the isn't.

Speaker 2 (01:04:01):
The problem with the council. The council asked for the money,
they said, look, how about we spend it on a bridge.

Speaker 7 (01:04:05):
No.

Speaker 25 (01:04:05):
But the problem was that the government changed its priorities
and didn't prioritize cycling and walking, so that bridge was
no longer fund. Everyone loves the bridge, great bridge, no
complaints there, but because of the government's priorities changing on transport,
that bridge wasn't funded. And so instead of just coughing
up the money, they went and took it out of
housing money and said, oh, there you go, we'll have
it now. So everyone wants the bridge agreed on that,

(01:04:26):
but they've pinched it at a money that was meant
for building more houses.

Speaker 24 (01:04:31):
Because it's text person money and unlike you guys who
just think you can just borrow and spend an thrid
every week.

Speaker 12 (01:04:37):
We can't cut money.

Speaker 24 (01:04:40):
As at Well, I don't know why you're raising that,
because there was far more people in emergency housing, kids
living in motels under you guys, there are under us.

Speaker 25 (01:04:48):
You can come with me Mark and go check it,
Shunt and you can see that there's a six month
old baby also in situations like that, so we have
young families and.

Speaker 2 (01:04:58):
Water wouldn't have solved that person on the patni Foreshows problem,
would it.

Speaker 25 (01:05:02):
Well, there are more than one places around the valley
that would have had kimber Order having been built. And
when there's no money to build the water infrastructure, those
projects have been canceled like meaning, well.

Speaker 2 (01:05:12):
We're actually building houses.

Speaker 24 (01:05:14):
You guys, didn't you promised on a hundred things.

Speaker 12 (01:05:15):
Well, we built far more.

Speaker 2 (01:05:18):
So I just don't tell FABS at this function because
if you two talk like this at this function I'd
be off to the corner. Brief break more in a
Moment thirteen past.

Speaker 1 (01:05:26):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, car
it by News Talks.

Speaker 2 (01:05:33):
News Talks sixteen past eight. Marke Metroll, Jinny Anderson. Ginny,
we're in the cycle, are we politically with you guys
and the Green So the Greens are going to abandon
these seven mining projects they don't like. I don't think
they said it to bottom line for them. So do
you rule that out? Can you rule that out right
here right now?

Speaker 25 (01:05:49):
Just before I do, do you comment on there? I
just considering you raise mining. It's the anniversary today of
Park River, so it's going to acknowledge that today, and
so yes, will still some issues over here in there,
and the fact that the families are meeting with the
minister today on that anniversary and she's overhauling her health
and safety regulations.

Speaker 12 (01:06:11):
You know, as I think it's said.

Speaker 24 (01:06:13):
Well, don't politicize it, Jitty, that's awful. I had the
Pipe River mind portfolio, spent a lot of time with
the families down there on a daylight today, you do
not politicize it. Well, knowledge them, you acknowledge them, and
you think about them, and there are our thoughts and you.

Speaker 10 (01:06:28):
Leave it at that.

Speaker 2 (01:06:28):
Okay, So go back to go back to the greens journey.
Can you rule out their seven I'm killing seven projects
things or not.

Speaker 12 (01:06:35):
Well, the Greens can announce what they.

Speaker 2 (01:06:37):
Like, but from a voterus point of view, we've got
to work out what's in what's not.

Speaker 12 (01:06:42):
No, we don't play that game.

Speaker 25 (01:06:44):
On the government's fast track and specific projects, we've we've
always said that we will review those projects on a
case by case basis and government and we've been clear
that we won't roll things back if they're audioce.

Speaker 10 (01:06:55):
You can see the problem.

Speaker 2 (01:06:56):
You can see the point I'd.

Speaker 25 (01:06:57):
Like to finish place I'd like to finish place them.
It should be though, looking at offshore wind and Tartanuki
rather than.

Speaker 12 (01:07:03):
See bed mining to help bring down power price.

Speaker 2 (01:07:05):
You that's my but hold on Ginny, just just for
clarity's sake. So what you're saying the Labour Party position
is we won't be ruling in or out anything the
Greens say until after we maybe form government, at which
point we'll look at them on a case by case base.
Is that what you're saying.

Speaker 25 (01:07:20):
We'll release our environment policy before the election and will
make clear what our position is on those areas, but
we're not doing that today, right.

Speaker 2 (01:07:26):
That's fine, So your environment policy will contain the information
as a potential vot I need to know as to
whether those sort of things are going to see the
light of day or not.

Speaker 25 (01:07:35):
It'll put our position clear on mining in terms of
where these jobs and where we think there's benefit there
and other areas where we think that they're not working,
So it will be clear.

Speaker 24 (01:07:44):
Might hang on a second, there's a massive conflict here.
Jinny was on the radio with us a couple of
weeks ago saying absolutely not. There will not have any
bolt ons. They will not increase the CGT. You know,
it's not a stalking horse. So they were alemant about that.
Why can't they be at about this policy with the Greens?
Why can't they provide certainty?

Speaker 2 (01:08:04):
I think that's going to be one of the issues
in the campaign, gene from both sides in the sense
that people want and this is where Peters has got
himself into trouble over the years because he does that, well,
let the people vote first, all that crap. We want
to know what's you know, at the extreme end of
the spectrum, what am I voting for?

Speaker 25 (01:08:21):
That that's fear and were our environment spokesperson, and we'll
work together to have a clear policy that comes out
before the election so people know exactly what they're getting,
and so that the view that we're just going to
rule that all mining is not the case because.

Speaker 2 (01:08:34):
No, no, that's fine. You can have your own mining policy.
That's that's fine, and you'll be a more moderate version
of the Greens. But I mean you're going to be
if you're in the election in government with the Greens.
And I just want to know, if I'm looking at
you guys, do I get the nutters with you or not?

Speaker 12 (01:08:51):
Well, no, Mark's got a sis. Now.

Speaker 25 (01:08:57):
The view that is that we will have an environment
policy that lays it clear what our position is.

Speaker 12 (01:09:02):
On mine and we'll include bottom line queer idea.

Speaker 25 (01:09:06):
Well, it'll say where we see this benefit from warning
for the New Zealand economy where it does generate jobs,
and then other areas where it's probably detrimental to other things.

Speaker 2 (01:09:16):
But that's your advantage, isn't it, Because at least in
looking at you guys, we know where you're at with that,
where you're at with New Zealand. First you've got a
track record there there will be some bottom lines or not,
whatever the case may be, so people have an understanding
of what's possible what's not right. Yeah, and look our
tea right now.

Speaker 24 (01:09:32):
In a world of uncertainty, the best thing that a
government can do is provide certainty for people. Provide certainty
for people in terms of whether they want to make
a big investment a small investment, planning for the future.
They want to have certainty, They want to know what
they can expect in the coming years. And so I
just think that it's incumbent upon all parties, especially the government,
right now, to signal exactly what we're going to do

(01:09:53):
and how we're going to do it, just very quickly.

Speaker 2 (01:09:55):
Michael didn't get.

Speaker 24 (01:09:55):
A chance to talk about the Hutbridge deal. Very simply,
it was a a medic approach where they move some
money so they could deliver a walking bridge that the
council asked for. Kieran mac and Oldie Jinny. I think
even Hipkins tried to Chris Bishop yesterday.

Speaker 2 (01:10:09):
It fell flat. They got nowhere to go. It was
a good pragmatic system. Juny.

Speaker 12 (01:10:13):
I have no problem with no problem with the bridge.
It's the fact you took Yeah, you support the bridge.
They canceled it. Your government canceled that bridge.

Speaker 2 (01:10:20):
Because we didn't cancel anything. We're not under your government.
And see we're not.

Speaker 24 (01:10:25):
Pouring pouring millions and millions and millions of dollars into
very expensive cycle ways when we're going to be investing
into our rise and get people mad.

Speaker 12 (01:10:33):
So don't take money out of housing when people are homeless.

Speaker 2 (01:10:35):
Quick, we haven't done any quick question, where's Chippy getting married?

Speaker 12 (01:10:40):
I do not know.

Speaker 2 (01:10:41):
I do not know that.

Speaker 26 (01:10:42):
Do you expect?

Speaker 12 (01:10:44):
And if I did? I don't know. I think I
would get in trouble for talking problem on the radio?

Speaker 2 (01:10:48):
Would you expect an invite you go and do that?

Speaker 12 (01:10:50):
I hope to get one. I do hope to get one.

Speaker 2 (01:10:52):
That would do you want to get.

Speaker 3 (01:10:54):
One or not?

Speaker 24 (01:10:54):
Really, I'm not sure if i'd be top of the
list for that.

Speaker 2 (01:11:01):
Effect. They nice to see. Nice to see you guys.
We'll catch up next week. Mark Mitchell, Ginny Anderson eight
twenty two.

Speaker 1 (01:11:09):
The Mic asking, Breakfast with the Defender and use togs EDB.

Speaker 2 (01:11:13):
Now New Zealand's medium to large enterprises and government agencies.
They're facing our critical challenge at the moment basically doing
more with less, which is where tech fits an essential
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and Spark Business. They're helping the organizations drive real productivity
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So the thing that sets Spark apart is their team
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So if you're looking to boost your organization's capabilities, have
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(01:11:57):
Their track record speaks for itself. Leaders in many spa
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more information, here's where you go. You get a Spark
business online. There online Spark Business Pasky Fipsteen votes on
the way it'll pass and we'll get you the numbers
once the vote has actually finished. The key, of course,

(01:12:18):
is the Senate. Trump has said he wants it out.
Whether they follow his instructions, I don't know, But the
Senate's the real key, not the vote that's going on
at the moment. The reference to Pike rivers interesting. I'll
make a call now. I don't think the lever be
a prosecution. It's too far down the track evidence, time, memories, witnesses,
cost energy. They're still officially allegedly looking at it. I

(01:12:41):
don't think the lever be a prosecution across the Tasman sensation.
Is that too strong a word? Probably, but certainly a
significant day in Victorian politics yesterday. The opposition has got
themselves a new leader. Her name's Jess. The bloke she
beat was Brad. Brad had only been there about three
and a half minutes. Jess has only been there about
four more and a half minute. So they're in like

(01:13:01):
a conundrum. They had a big spill, they had a
big vote and she won. So Jess Wilson and her
story with Steve Price, Who's going to be with us
directly after the news which is next, You're on the
my Cosking Breakfast, the news talk.

Speaker 9 (01:13:13):
Set but.

Speaker 1 (01:13:17):
Tough on power sharp on inside the my Cosking Breakfast
with Bailey's real Estate, doing real estate differently since nineteen
seventy three, news talks Dad be.

Speaker 2 (01:13:26):
A couple of people still a roll in and put
their vote. This is in the House on the Hill
as we speak. This is on the Epstein papers. As
I said before the news, this is not the main vote.
The main vote will be in the Senate. Senate needs
to take this vote and run with it. Whether they
will or not, we assume they will that they followed
Trump's instructions. But nevertheless, the House is just wrapping up
the vote and everyone so far has voted yes. Twenty

(01:13:49):
three minutes away from nine.

Speaker 14 (01:13:50):
International correspondence with ends and Eye Insurance, Peace of mind
for New Zealand business.

Speaker 2 (01:13:55):
See prices with Australian Morning Mate. Hello there, now, I
happen to live. I didn't realize it was on, but
as I was watching it live and so Jess Wilson,
who as far as I can work out, has been
in politics for about three and a half minutes, rolls
Brad Batton, who wasn't there for that long either. Does
who is she? And does she solve their problem in Victoria?

Speaker 7 (01:14:16):
Well they hope she will, but I don't believe so.
I mean, this was quite a remarkable day yesterday. So
Brad Batton, who you mentioned has only been leader since
December last year, where he rolled a bloke called John Persuto.
So they've had three leaders in less than twelve months.
To Libs, they trail the government of to Cinda Allen,

(01:14:37):
which was Daniel Andrews by long way in terms of
seats they need to win. Baton was starting to make
ground on law and order. He's a former Copper prison
officer as a soldier, He's ran a fast food joint.
So you'd think the sort of perfect liberal candidate to
take on professional liberal labor politicians like Toscinda Allen. But no,
they decide they needed to get rid of him in

(01:15:00):
still Jess Wilson, thirty five year old millennial, holds an
Eastern suburb seat, the only Liberal to vote yes in
the voice referendum. Now why they would think that that
would appeal to people who want to get rid of
labor is quite beyond me. She's smart. I've interviewed her
a number of times on Sky and she seems to

(01:15:22):
be very clever. And she's now going to take the
Allen government on things like the economy, but just to
keep chopping and changing, and can you believe it, On
the morning they decide to do this, the poll comes
out saying Brad Batten's in front in the latest poll
against the premier. And if you follow the money as
you and I always know you need to do, the

(01:15:43):
book is today have the Labor government of j Just
Cinder Allen, the worst state government in the history of Australia,
on a dollar fifty five to win the next election,
which will be held one year exactly as of tomorrow
next year, excuse me to the coalition two dollars fifty
So who knows what the hell's going on?

Speaker 2 (01:16:03):
Well, it was Brad Baton a problem or he hadn't
had enough time to do anything.

Speaker 7 (01:16:07):
Well, the experts, whoever they might be, say that he
was too focused on just law and order. He was
a one trick pony and he didn't know enough about
the economics.

Speaker 2 (01:16:17):
I mean, give me a break, okay, because I know
she worked for KPMG, so that'll be the economy side
of it. But she was also Friedenberg's advisor. And I
always like Fridenburger my foolish and liking Fridenburg. He seemed
to be a operator.

Speaker 7 (01:16:30):
He's a really good boat. Josh Frodenberger. I mean he's
a great loss to Australian politics. But he's now the
chairman of a bank, so I don't think he'd be
coming back.

Speaker 2 (01:16:40):
He's overly worried, is he now? No. So Australia was
supposed to host COP thirty one, then Turkey got involved
and we're in some sort of standoff?

Speaker 10 (01:16:48):
Is that?

Speaker 2 (01:16:48):
How does that get resolved?

Speaker 7 (01:16:50):
Well, it gets resolved. It would appear by Anthony ib
an Easy saying overnight, well, okay, if Turkey wants it,
then can have it. I think Anthony ab but Easy
smelled the rose here and thought this might not be
that popular to hold this thing in Adelaide. I'm going
to Adelaide today. But poor old Adelaide. They were someone

(01:17:10):
was going to have to stump up somewhere between one
and two billion billion dollars to host this climate change chatfest.
And I think Labor has sort of worked out that
the tide is turning on climate change and the need
to act quickly on it. I mean, I think you've
picked that up. We've all picked it up. So he
said overnight, okay, if Turkey wants a Turkey can have it.

(01:17:33):
But he has to keep the Pacific Island nations happy
because a lot of the Pacific Island nations come over
to Australia and say our islands are going to drown
and we need money. So he said he will give
it to Turkey if they agree that we have a
leader's meeting somewhere sometime in the Pacific during the COP year,
so to be a mini COP meeting which would be

(01:17:55):
held in I don't know, to valou Samoa or fij
or something like that.

Speaker 2 (01:18:03):
You said you're going to Adelaide. What happened to John
Law's state funeral?

Speaker 7 (01:18:07):
I'd love to be at Lawsy state funeral. It's on
this afternoon at San Andre's Cathedral in Sydney. My mother
turns ninety one today. Awesome, and I think that's much
more important to go and see her at ninety one.
That can't stand in a suit in a cathedral, a
lot of other washed up radio stars saying goodbye to
a bloke that we didn't really like. So I'm going

(01:18:27):
to go to instead.

Speaker 2 (01:18:29):
So what do you do with mum? Do you take
her out for lunch or do you have a little
luncheon or what do you do?

Speaker 7 (01:18:34):
Lunch's booked? We looked, I'll fly over, We'll go to
lunch and have a lovely time. I'll tell you at
Lawsy's funeral this afternoon. No Anthony I beneath the Prime Minister,
which is quite remarkable, interesting given John Law's reputation in
interviewing every Prime minister since Sir Robert Menzie's instead elbow
sending along the Assistant Immigration Minister. And that's a bit

(01:18:56):
of a slap for poor old boy. I reckon John
Howard will be there, Sheryl sandaland says he's not going
to go because he doesn't like being papped when he's
in an emotional state. I'm going to believe these people.
Will Alan Jones turned up, that'll be interesting.

Speaker 2 (01:19:11):
Well, funnily enough for you. You were seeing the photo
of him. He was hanging out with miss Peacock and
she claimed that he wasn't there, and then he was there,
and then he turned up at the airport yesterday. So
he's out and about, isn't he. It's an interesting set
of circumstances with Alan because if I was in the
trouble Allen's and would you be wandering around airport's up
and down the country, and I suppose you know it

(01:19:31):
at home.

Speaker 7 (01:19:32):
He's got to tell the police when he travels I
don't know.

Speaker 10 (01:19:34):
I'm real.

Speaker 7 (01:19:36):
The other thing I wouldn't be doing is wearing a
whatever colored jacket green blue thing.

Speaker 2 (01:19:42):
There was unfortunate combination. We'll say hi to your mom
for me and that is that jeans for you, Steve.
Do you look at your mom at ninety one and
going you see, I'm just forward planning for our future?
Are you good till you're ninety one?

Speaker 7 (01:19:54):
On the show, of course, I mean I've been here
longer than you.

Speaker 2 (01:19:59):
Yeah, well, okay, well so another three or four years
then no, I said, take care. Steve Price out of
Australia at seventeen tonight.

Speaker 1 (01:20:11):
The Like Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (01:20:16):
At be fourteen to nine. Other thing that happened in
Australia yesterday was a bloke called Girmish Singh got elected
as the leader of the National Party in New South Wales.
So they had a problem there as well. So there's
all sorts of people getting new jobs. He grows blueberries
also macadamia's. I'm having trouble with my blueberries. To be

(01:20:36):
frank if very good at the blackberries raspberries intermitted, but
a good crop generally but the blueberries, which are all
in the same area struggling with Carney yesterday got his
budget through in Canada. And what was interesting about that,
apart from the fact he spent or promised to spend

(01:20:56):
just a gargantuant amount of money, they're deficit as bigger
than that's ever been is he's a minority government. He's
only got one hundred and sixty eight seats and so
he needed one hundred and seventy votes and so he
needed some people to abstain and other people not to.
But it all worked out well in the end. The
Greens Bactum of all things very good piece by the way,

(01:21:18):
that you should look up. It's in the ABC is
in the Australian Broadcasting Corporation that wrote that's probably because
I agree with them, but they wrote a very good piece.
Simon Smayle about the Jake Paul Anthony josh were fighting.
I don't know why I'm engaged, and this is probably
the link to Parker. And also that thing I keep
bringing on about on Netflix about the Hune family and
match Room and the promotion of boxing and Anthony Joshu

(01:21:41):
was their man. And I got a text from old
Dean Longigan the other day when I last mentioned it.
But because I can't work out what's Anthony josh were
doing with Jake Paul. I mean, what's the point of that.
It's just pathetic anyway, As Dean pointed out, it's all
about the money, and so josh was going to pull
down twenty million for this. If he was fighting a
regular boxer and a BP to something bigger, he'd pulled
out half a million. So do you take ten or

(01:22:02):
do you take half a million? You know? So I
suppose it's all about the money at the end of
the day. But the article quotes Sugar ray Leenter with
a very good quote. It is you don't play boxing.
You play golf, you play tennis, but you don't play boxing.
It's why Jake Paul's announced fight against Anthony Joshua is
so reckless that foolish doesn't cover it. Even to call

(01:22:24):
it idiotic is kind, and I thought, what an excellent
piece of writing. Boxing's propensity to plumb new depths of
moral ambiguity is not new, and its shady and objectionable
quest forever larger purses at the expense of genuine sporting
Merit is a contest yet accepted gripe among fans, A
constant yet accepted gripe among fans. But this has the

(01:22:46):
potential to be another disaster, largely avoidable, played out in
front of a gore hungry public who care little for
the outcome beyond baying for the sight of blood. That
speaks to us, I guess, doesn't it. The only stipulation
in the fight, Joshua's got to come in under one
hundred and eleven kilos. He doesn't normally is about one
hundred and fourteen. Paul has never weighed more than one

(01:23:06):
hundred and three. Most fights he's at cruiserweight limit of ninety.
There are eight to three minute rounds, so it's a
joke of a fight to start. The point being Paul's
in trouble. So Jake Paul talks himself up and he's
full of himself. But at the end of the day,
the argument here from this bloke who's writing for the
ABC is Tyson, although not Tyson. Joshua, although he's not

(01:23:32):
what he was, is actually still pretty bloody, being pretty
pretty good, and he might well smack the Bejesus out
of Jake Paul. And the only time that Jake Paul's
there ever actually fought anybody that remotely resembled a boxer
was when he fought Tommy Fury, who is a joke
of a boxer and he's a glamour puss boxer and

(01:23:52):
not a real boxer, and Fury beat him. So I
don't know, would you pay money?

Speaker 9 (01:23:58):
You will?

Speaker 2 (01:23:58):
Of course you will? Would you pay? I need to
watch that five ten minutes away from nine.

Speaker 1 (01:24:02):
The Mi Hosking Breakfast with Bailey's real Estate News dogs'd
be I.

Speaker 2 (01:24:07):
Have you heard the ad from nebell resonate health customer
right on the Bay of Plenty, So if you've heard it,
you'll know exactly what he means. So he says he
loves jokes, but he couldn't hear them anymore, which is
a problem because of course, if you have to ask
so on to repeat the punchline a second or a
third times gone, it's over. So you miss out on
so much of life, and you don't realize it until
you realize it. So Nebll says the moment he got
hearing aids, it'd opened everything back up back to normal.

(01:24:29):
So he's out again. He's mixing with people who's heading
down to the pub and the noise gets too much
at a place like that, you just adjusts the old
hearing aids for that particular place. That's the brilliance of
tech these days. So here's the thing. Neville god his
hearing aids funded through acc and he says Resonate they're
like friends. This is what Nibble says. They're like friends.
They can't help enough. So that is the difference that
great technology and even better care can make. So if

(01:24:52):
Nevill's story is your story, or you know somebody like Neble,
then I eight hundred seven three seven sixty six twos
you number I eight hundred seven three seven sixty six
two or you can do it all online at resonatehealth
dot co dot mz asking. Britain's announced we'll talk to
Rod about this tomorrow. Britain's announced their banning scalping of tickets, so,
in other words, you cannot sell a ticket for more

(01:25:13):
than you paid for it. How they're gonna make sure
that all happens, I don't know, but they did a lot.
A lot of artists have said, you know, please help us.
We don't like our fans getting ripped off all that
sort of stuff. But I look at the American situation.
The problem with not being able to scalp is that,
of course if you miss out, you miss out and
you never get to go to an event. The advantage
of a place like America, where it's just an open market,

(01:25:34):
a free for all. You can get a ticket essentially
to anything if you if you're prepared to pay the money,
you do get, if you're desperate, if you're super keen
to go, then you can get there, whereas under the
British law you can't. Which So who's right, what's right?
What's wrong? Five minutes away from nine.

Speaker 1 (01:25:50):
Trending now with chemist Well's keeping Kiwi's healthy all year round.

Speaker 2 (01:25:55):
Davies and gentlemen, let me take you to the Australian
of the Year Awards in South Australia.

Speaker 4 (01:26:00):
Senior South Australian of the Year for South Australia is
Malcolm Benoy.

Speaker 2 (01:26:06):
Congratulations Malcolm.

Speaker 19 (01:26:08):
The judges are conferring for a second.

Speaker 10 (01:26:10):
It just like the OSCARS.

Speaker 26 (01:26:11):
It is a little bit like the Oscars. A Senior
Australian of the Year is in fact James.

Speaker 22 (01:26:19):
Is it James?

Speaker 2 (01:26:19):
It is James James Curry.

Speaker 26 (01:26:21):
James Curry.

Speaker 2 (01:26:22):
Just hold we need to.

Speaker 19 (01:26:23):
Hold for a second.

Speaker 20 (01:26:25):
It's a bit like a biz show when there's needs
to go upstairs.

Speaker 26 (01:26:28):
Okay, all right, we're moving along as we hear this now.
Apparently it's our notes that are incorrect. The twenty twenty
six Senior Australian of the Year for South Australia is
Mac Benoy.

Speaker 12 (01:26:43):
Let's do that all again.

Speaker 23 (01:26:45):
Ladies and gentlemen. That is just a miscommunication. We had
it right all the way along. I don't know what
has transpired behind the scenes, but it's incorrect information. The
trophy is correct, the press release is correct. It is
Malcolm ben I'm terribly sorry for the embarrassed.

Speaker 9 (01:27:01):
Where I'm Malcolm.

Speaker 2 (01:27:06):
And do you remember when they did it? Also? Was
this was back in twenty ten.

Speaker 1 (01:27:11):
Oh my god, Oh my god. I don't know what
to say right now.

Speaker 8 (01:27:16):
I'm feeling a bit sick about this.

Speaker 3 (01:27:20):
No, I'm so sorry about this.

Speaker 8 (01:27:27):
Oh my god, I.

Speaker 15 (01:27:32):
Don't know what to say.

Speaker 10 (01:27:35):
This is not this is a complete accident. I'm so sorry.

Speaker 15 (01:27:37):
It's Amanda.

Speaker 11 (01:27:38):
I'm so sorry it was fed to me wrong.

Speaker 2 (01:27:42):
That's Australia's next top model, except it wasn't. It was
the next one to the next plane top model. She
was the next big loser and they went on to
make another program of the same name. That is Us
for the Day. We return Thursday morning on The mic
Asking Breakfast from six as always Happy Days.

Speaker 1 (01:28:15):
For more from The mic Asking Breakfast, listen live to
News Talks at B from six am weekdays, or follow
the podcast on iHeartRadio.

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