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May 19, 2025 89 mins

On the Mike Hosking Breakfast Full Show Podcast for Tuesday 20th of May, millions are being invested into rail and tax changes for foreign investors – where is the Government getting the funds from?  

Parliament is voting today on the punishment for the three Te Pati Māori MPs. 

White Lotus star Murray Bartlett and Schitt's Creek star Annie Murphy are on to talk their roles in the new season of Nicole Kidman's ‘Nine Perfect Strangers’. 

Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. 

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Speaker 1 (00:00):
New Zealand's home for trusted news and views. The Mike
Hosking Breakfast with the range Rover, the la designed to intrigue,
can use togs head bending.

Speaker 2 (00:10):
And welcome today more budget Lolly, some tax treatment for
startups and foreign investors, and dollars for rail. The Trump
phone calls what happens the Lockwood Smith on Today's Monsters,
the way around the Privilege's Decision, Murray Bartlett and White
Locusts any Murphy of Ship's Creek are with us? After
eight o'clock this morning? Joe does Europe? Rod does Britain?
Ask gotting to the day? Seven past six? Let me

(00:30):
ask you a question. Is there something positive, if not ironic,
in watching an economic theory turned into reality in front
of your very own eyes? For example, the old social
credit idea, Remember that they could invent money. Apparently nothing
bad would happen social credit around in the eighties. If
you don't remember offering up wacky economic ideas that, because
they whenever tested in the real world, never got put

(00:50):
to bed in a way that shut the believers up
until COVID, of course, and along came funding for lending
and the ensuing inflation and the recessions that followed. So
there is no such thing as free money without pain
and suffering. Then came Trump at as tariffs. We had
the head start here, of course, over the Americans, given
we are free traders, have been since the eighties, and
we know what a tariff is, the damage it does,

(01:12):
the falsity it provides, the cold hard reality it protects.
So maybe some Americans thought Trump knew what he was
talking about when he said the countries paid the tariffs. Obviously,
wasn't long after that when the prices at the shop
started going up, that a few pennies were dropping that
it wasn't the countries, It was, in fact the consumer.
And not only was stuff more expensive, you might not
see as much stuff given the people who brought the

(01:33):
stuff into the shop didn't buy as much because one,
they couldn't afford to, and even if they could too,
they knew they couldn't sell it. Maybe that's why Santa
Trump started telling kids they didn't need as many dolls
or pencils. Now, as the fraud is fully exposed and
retailer after retailer starts putting prices up, the President is
suggesting people like Walmart eat the tariffs, which, of course,
as the punter will find out, has downstream consequences as well.

(01:56):
If walmart ate them or absorbed them. They can do
that because they make billions. So we're picking on successful people.
Now that profit is then reduced, the bottom line is affected,
the share price drops, the four to zero ones get hit,
the jobs get trimmed, and so it goes all the
way down the line. None of this is complicated or
difficult to understand. I suspect Trump understood it all along.

(02:18):
He so he wasn't thick. He was just dishonest. Free
markets are your only true path to successful business. All
the rest is a jack up. The fact so many
Americans never understood that until it was too late is
the real tragedy.

Speaker 1 (02:32):
News of the world in ninety seconds.

Speaker 2 (02:34):
Two big deal things have been happening while you've been sleeping.
Are firstly the EU and the UK. They've put to
bed Brickxit in a new deal.

Speaker 3 (02:41):
This global instability is rising. The decisions that we've taken
to stabilize the economy and lead the way internationally have
made Britner place where people want to do business once again.

Speaker 2 (02:55):
Also, La is loving it.

Speaker 4 (02:57):
We're turning a page We're opening a new chapter in
our unique relationship. This is the story of historical and
natural partners standing side by side on the global stage.

Speaker 2 (03:10):
Tourism Britain not too thrilled.

Speaker 5 (03:12):
This is a complete sellout. I am completely shocked that
Kirstarma has agreed to all of this concession after concession.
What he wants to do is just be able to
say we're closer to the EU without working in the
national interest.

Speaker 2 (03:24):
Other big thing. Trump's been on the phone, of course,
to Zelensky and put In giving going in by the
way JD gave us the stea, we should be.

Speaker 6 (03:30):
Able to move beyond the mistakes that have been made
in the past. But that takes two to tako. I
know the President's willing to do that, but if Russia
is not willing to do that, then we're eventually just
gonna have to say, this is not our war. It's
Joe Biden's war, it's Vladimir Putin's war, it's not our war.

Speaker 2 (03:45):
So what's happened.

Speaker 7 (03:46):
He said that he thought that the two sides should
negotiate with each other because they know all of the
underlying issues better than anyone else, But he also posited
that the Vatican is interested in hosting the negotiations between
Ukraine and Russia.

Speaker 2 (04:00):
Then Beck and Britain are to primacy all over the places.
The Iranians and the Brits have been playing tit for
ted ambassador summon zing. This is over the spying scandal.

Speaker 8 (04:07):
The Uranian ambassador has been summoned. We have placed the
whole of the Uranian state on the enhanced tier of.

Speaker 9 (04:14):
The foreign influence Registration scheme.

Speaker 8 (04:16):
The government has also introduced sanctions as part of efforts
to systematically dismantle criminal networks and enablers.

Speaker 2 (04:23):
Finally, a new study from the European Congress on obesiently
so look at the idea that if you fast, it
needs to be a particular time of day. So the
study compared three different clasting time frames to those who
eat for more than twelve hours a day. Found all
fasting windows lost weight compared to those who habitually ate,
they gained weight. The results stayed the same after twelve months.

(04:44):
So basically what they're saying is if you fast, it
doesn't actually matter when you do it, as long as
you do it consistently with thing upposed us of the world.
In ninety Trump said I believe it went well. Those
are his words. I believe it went well. The tone
and spirit of the conversation were ex and Russia wants
to do large scale trade once this is all over.
Apart from that, frank and substantive is what Tas is saying.

(05:08):
Putin expressed his position on the seas fire during the conversation.
Putin faint Trump for US support and resuming the director's
Apart from that, I don't know what else happened. Twelve
past six.

Speaker 1 (05:20):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks Evy.

Speaker 2 (05:28):
Gary Lineker won tweet too many so he's decided to
leave the BBC. I think he was leaving anyway. So
it's such a I mean, how do we end a
career in the wrong fashion? Anyway, So Gary Lineker is going.
We'll talk to rot about that late in fifteen past
six from Devin Funk's management, Greg Smith, good morning.

Speaker 1 (05:44):
Good morning, Mike.

Speaker 2 (05:45):
M Services sector gies. We're wading, aren't we see? It's
hard work.

Speaker 10 (05:50):
Absolutely just confirms how patched economic recovery is. So we
did have that positive manufacturing sector news. But yeah, CIVICUS
sected decline further during April is the Benz Business Newseum
Performance of Services Index. Their update was aptly titled Declining
of Fortune. So these four points to forty eight point
five to the index or anything below fifties contractions, that's

(06:12):
where we are for all of our I suppose commentary
and economic recovery. It's a good reminder that things are challenging,
and it's also very important by giving the service sector
accounts for two thirds of our economy. And also remember
we've talked about this before that were a bit of
an outline that most of our key trading partners had
their services sector and expansion mode, so a little bit
different there. Things week across the board, all sub industries

(06:34):
well below their long term iverages. New orders index that
was above fifty but fifty point nine, but still well
below it's average of fifty six point five. And of
course we've got tariffs and we're going to talk about that.
But yeah, things were sort of not going so well
well before Liberation Day, so there are other drivers here,
and we have had lower interest rates to I suppose
easy in the extent of the damage a bit. But yeah,

(06:54):
things are pretty tough and none more tougher perhaps than
the retail sector. So that was a big drag. Retail
sales down nine of the last eleven twelve quarters. Card
transactions data talked about that. That's been weak consumer confidence,
that's subdued. We're getting more trade DOUNA this week, which
will probably give a bit of a sight of there.
But when you combine the p SI with the PMI

(07:15):
being the manufacturing one of the composite index also week,
and that's at forty eight point two, so economy struggling
for momentum, and you'd actually have to say is increasing
downside risks to GDP something might the RBNZ has to
be mindful of our meeting again next week, and yeah,
a reason to perhaps go ahead with a decent cut.

Speaker 2 (07:35):
Now, talk to me about the Chinese because I looked
at these numbers. Some were good, some were a misser,
and they threw a lot of money at it. So
did they survive?

Speaker 10 (07:42):
Yeah, they did survive. It's a bit of a mix
mixed bag, as you say, I mean, there's silly pockets
of positivity. So this obviously we had the truce declared
last week, but this is the start of sort of
reflecting how trying to cope before that, and yet relatively
well in parts. I suppose that the key thing to
look at is the trade side. So industrial output that
was up six point one percent, that was above expectations,

(08:05):
down a little bit from Marches rise, but we did
see a plunge in exports of the US, so you
sort of figure that. But in China basically diverted goods
to elsewhere, so Southeast Asia and Europe to compensate, So
that was pretty good, but yeah, it was a little
bit patchy elsewhere. So retail sales they've increased at a
reduced pace of five point one percent, so that was

(08:26):
against expectations of five point eight. It just shows that
I suppose the Gavenment's given things a bit of a
boost of cut prices on the likes of phones and
home goods, but that's the mess appears to be fading,
so they might need to do a bit more. And
also we always talk about the property market of China
and that also looks like it needs more support. So
new home prices flat and April they have not moved
for two years. The declines to appear to be moderating

(08:49):
a little bit. Existing home prices they were down almost
seven percent, and look a year and year properly investment
down ten percent, so you're very pitchy there. Fixed assing
investment down. There was a bit a bit, a bit
of brightness the job. This rate actually fell to five
point one percent, so that was good. So on balance,
I think you'd say China coat perhaps better than expected,
might give them a bit more comfort as these negotiations

(09:12):
progress in case they get their raal. They probably used
probably needs them more than vice versa, but also clear
that the ageing probably needs to roll a bit more stimulus.

Speaker 2 (09:21):
But a quick word on the liquor. Did we turn
to the drink? You just this is the igo.

Speaker 10 (09:27):
They actually have reduced the impact of tariffs from a
two hundred million previously to one hundred and fifty minions.

Speaker 11 (09:34):
That was good news.

Speaker 10 (09:36):
They generate around forty five percent of their sales and
the US from products that must be made in Mexico Canada,
so they've had a bit of a re privie end
up being caught by those tariffs. Overall sales up three
percent in the quarter, four point four billion US sales
rose six percent. Again a bit of front loading of liquor.
They like other companies including Moaya are catting costs. Who

(09:56):
can They're going to take five and a million out
and cast by twenty twenty eight. Shears downside I reckon Mike.
They're also digesting the brecksit reset use, so revision of
the red tape around the trade and alcohol, so that
it's something.

Speaker 2 (10:08):
To consider their What are the numbers?

Speaker 10 (10:11):
So at the moment, the dow jones were in positive
territory up point three percent, forty two seven seventy five
s and P five hundred. That's up point one percent,
five nine sixty six. Nare's that down slightly point one
percent lower nineteen sixty five to five the foots erect
into that. Reset news is up point two percent eighty
six nine nine. Stocks fifty in Europe is up point
four percent as well. Nick A down point seven percent,

(10:33):
A six two hundred down point six percent, A two
nine five. We were down one point two percent. Ins
of X fifty eighteen sixty two nine fishing bugle health
key was down around three percent, so that weigh going
up twenty four dollars three and twenty seven an ounce.
Oil down fourteen cents sixty two spot thirty five a
barrel just in the currency markets, Key, we up against
the was dollar fifty nine point two, against the Australian

(10:54):
dollars were down slightly ninety one point eight, and we're
up against the British pound forty four point four, up
against the end five point nine. Look at you today.
We've got the RBA decision, so they're expected to cut,
but you never know.

Speaker 2 (11:05):
Mate, See you tomorrow. Catch up then, Greg Smith, Devon
Funds Management, Pascal who the beneficiary is of all the
upset in America? Japan record record record record month of
foreign purchases of their equities and bonds. Always seen as
a safe haven, of course, but once people started freaking
out about America, they went where are we going to go?
And they went to Japan. So they're breaking records there.
Six twenty one, you're at News Talk Seed.

Speaker 1 (11:26):
B the Vike Asking Breakfast Full Show podcast on iHeartRadio
powered by News Talk set B.

Speaker 2 (11:41):
Trump's having a very good day. The Big beautiful Bill
the House Budget Committee. They're advancing it. They had the
big setback you will be aware of, seventeen six to
vote yesterday, so they just got it out. So they're
going to they're looking for memorial Day as a deadline. Johnson,
the Speaker has said Memorial Day by a deadline, so
they're going to the next day. Wh's no guarantee. They've

(12:01):
still got the hardliners. Basically they want bigger cuts, but
they've got it out of one part and moving it
on to the next. That makes sense. Meantime, the Supreme
Court they've allowed the Trump administration to move forward to
temporary deport and the protections around people they are deporting.
This was started by Christy Nome to we end a
form of humanitarian relief known as TPS or temporary protective status.

(12:25):
The administration got sued the way they're getting sued on everything.
They seem at this point to have won that. So
so far, so good, and it's only Monday. There six twenty.

Speaker 1 (12:35):
Five trending now with the chemist Warehouse, Mayhem, megasales on now.

Speaker 2 (12:41):
Now make of this post Brexit thing. Let's pretend bricks
that never happened. The deal this morning between the EU
and the UK, and I don't think we can overstate
the significance of this number ten says the deal will
add nine billion to the UK economy lower food prices
after removing checks on food exports, allow the EU fisher's
access to British waters. That'll be very controversial for another
twelve years. Going to slash red type when it comes

(13:01):
to assessing or accessing the EU market. Boris as in Johnson,
who engineered the whole thing out for Britain in the
first place.

Speaker 12 (13:10):
He had a few thoughts, gets a complete and deliberate
portrayal of Brexit, and it goes against what the Prime
Minister said he was going to do at the election
in twenty twenty four. He's done a total sell out
on our fisheries. You can see that he's paving the
way for a massive sell out on borders. And worst

(13:31):
of all, he's decided that we can pay for this.
We're going to pay for the privilege of once again
being ruled from in many ways by Brussels. He's turning
this country once again into the orange ball, chewing leather,
trust gimp.

Speaker 13 (13:51):
If I have got the right.

Speaker 2 (13:52):
Word, isn't he brilliant? The point he's right? Of course,
The best headline I've seen around this this morning is
Starmer is banking on Britain being over Brexit. So in
other words, he's burning political capital and he's banking that
people going, well, yes, I voted for Brexit, but it
didn't turn out quite the way I thought. I think

(14:12):
he might be wrong on that, so there'll be a
price to pay. But we'll talk to a rot about
it later on in the program. Unfortunately, I've got more
bad news. We're running out of gas. Now you already
knew that because we've done numerous interviews about how we
don't have enough gas. It's worse than we thought. The
word crisis is being bandied about. And then there was
Transpower's decision to sell off our only trading platform. They
did this last year. They were going to sell it off,

(14:34):
and if they couldn't sell it off, they were going
to close it down until yesterday when they changed their
mind and went, oh, this guest thing could be quite important.
We'll talk more about this than just a couple of
moments after the news for you.

Speaker 1 (14:44):
Setting the agenda and talking the big issues, the mic costing,
Breakfast with Bailey's real Estate, your local experts across residential, commercial,
and rural news talks.

Speaker 2 (14:54):
Dad been to the local party to negotiate for the
Marie Party. Isn't the committee with the people across the house.
It's a very good question, and I'll come back with
an answer in just a couple of moments. Joe's doing
the business in Europe? Are the popes heavily involved in
a whole bunch of things at the moment, not least
of which is this ongoing conversation today by a phone
with Trump and Co. And of course we get the

(15:14):
reaction to the EU EK EU UK deal. Meantime, back here,
more trouble and energy. For the first quarter of this year,
gas production was down twenty percent. Now the trouble is
the demand, isn't the word they're now using apparently as
crisis commercial users are facing unsustainable price hikes or not
being able to renew their contracts. According to Shane Jones,

(15:35):
is all the previous governments, Helen, we don't have that anyway.
Echelon Resources formerly in New Zealand Oil and Gas CEO
Andrew Jefferies is, well, that's very good morning to you.

Speaker 14 (15:48):
Good morning, Mike.

Speaker 2 (15:49):
So Jones was blaming the previous government. Is Jones right?

Speaker 14 (15:54):
I think I do believe that Shane Jones is correct. Okay, Yeah,
the previous government was influenced very much by the Greens
with the de industrialization agenda. And Look, I think that
ideological call thinking got us to where we are at

(16:15):
the moment.

Speaker 2 (16:15):
Okay, is it the looking or the finding? Even if
we were looking, could we find or is that a
problem potentially as well?

Speaker 14 (16:23):
I think you've got a look to find, Mike, So
if you aren't looking, then you're not going to do
any finding.

Speaker 2 (16:31):
If we start looking, can we solve this problem? Are
you bullish on that or we just don't know?

Speaker 14 (16:37):
Look, we can't solve this year's problem by looking because
it's a long term industry. So I think we've got
a couple of a couple of different aspects. You've got
a short term aspect, and I think in the short
term we're going to see the government having to buy
or somebody having to buy out long term users contracts.

(16:58):
That's going to reduce export, that's not going to be
great for the country, and it's going to put jobs
at risk.

Speaker 2 (17:04):
Who are we buying these contracts from.

Speaker 14 (17:06):
Look, you'll have to buy them from the folks who
use the gas and have long term industrial contracts, and
also from the power producers who use gas as well.
So we're going to have to supplement that demand with
coal in the power industry. And you're just going to

(17:27):
have to probably have to reduce exports. And as I say,
that always puts pressure on those companies to see whether
they think it's a reliable place to produce goods in
New Zealand.

Speaker 2 (17:39):
So we can I get that. So you're painting me
a big picture there, and you're depressing me at the
same time. Can we for this winter get this all
this coal importation that we're doing at the moment and
the stockpiles and stuff. Can we get through the winter
with an alternative light coal or hope it rains or
whatever I think it's.

Speaker 14 (17:58):
Look, I think it's the stockpile and hope strategy. So
and I think that, well, that's the thing to get
us through this winter. Looking longer term is where we
can where we have a few more leads to pull
and on the supply side, we can encourage companies to

(18:22):
do that looking that we were talking about, and they're
going to need support, and they're going to need support
from both sides of government to do that, because our
industry can't operate in a place where you don't know
what the next government's going to do. So I think
there needs to be a bipartisan coming together.

Speaker 2 (18:43):
I just wonder if you're going to get that. Having
said that, well, I mean you've got the Greens correct.

Speaker 14 (18:51):
Correct, And I think, you know, I think the Labor
Party really has to have a bit of a think
about to what extent they're their link up, how important
their link up to the Greens is in terms of
the country's ability to be a competitive exporter and to
take its place in the global in the global markets.

Speaker 2 (19:13):
You sound depressed, and you've depressed me. I mean, there's
a country on its knees already, Andrew, and you're just
telling we cannot get out of our own way.

Speaker 14 (19:25):
I think we can in the longer term, Mike, and
luckily folks in the past have had the foresight to
have a large coal fired power station, which we still
have and we haven't shut that down. So look, we
have that gas is a fantastic has a fantastic ability

(19:45):
to provide energy where it's needed. And I think people
don't realize in New Zealand we have gas provides about
the same amount of energy as electricity does, so you
can't do without the gas. If you want to to
do without the gas, you've got to double the size
of the electrical system for a start.

Speaker 2 (20:05):
So so we've got a real.

Speaker 14 (20:07):
Opportunity here, and we have gas here, so we can
supply gas locally with support, and we'll probably have to
encourage explorers to come in and have a go. You
can also import natural gas.

Speaker 2 (20:21):
Well, we were going to do that when we ran
out of power last one to what happened to that.

Speaker 14 (20:26):
Yeah, Look, I think those things, those things take a while.
You can't just magic anything into into existence. But and
so so I'm not I'm not sure why why it
hasn't progressed further than it has mine. But the reality
is it's pretty expensive. Somebody's got to pay, and I

(20:47):
think it takes a while to get to a point where,
you know, things get bad enough that that there's a
willing somebody willing to pay.

Speaker 2 (20:57):
All right, I'll follow it up with Swimming Brown. He
was the and who made the promise. Andrew, listen, I
appreciate your inside very much, Andrew Jefferies, whose echelon resources
they will want some oil and gas. Do look up
the MS trade point story that's been floating around in
the last twenty four hours. This was transpowered. They were
going to sell it, and if they weren't going to
sell it because they couldn't sell it. They were going
to close it down until yesterday they suddenly decided we

(21:18):
might need.

Speaker 15 (21:19):
A bit of it.

Speaker 2 (21:19):
So all in all, it's just yet another insight into
how buggered we are seventeen too.

Speaker 1 (21:29):
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Speaker 2 (21:36):
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Speaker 1 (22:36):
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for New Zealand business.

Speaker 2 (22:42):
Joe McKinnon's doing the Tuesday business for us. Joe morning
to you.

Speaker 16 (22:45):
Good morning.

Speaker 2 (22:46):
May tell you this, Leo. He's out of the blocks
and running, isn't it.

Speaker 16 (22:50):
He's on the move. He's been having a flurry of
diplomatic meetings. He had his big inauguration on Sunday, which
you might have seen. Two hundred thousand people around Saint
Peter's Square for that major event, and some world leaders
and royalty there as well, of course, so he's very busy,
but a big day to day.

Speaker 9 (23:09):
He met Vice President j. D.

Speaker 16 (23:11):
Vance and Marco Rubio, the Secretary of State, and several
other leaders today, including the Australian Prime Minister Antony alban As.

Speaker 2 (23:20):
Indeed he did. Trump sent him a letter, so he's
presumably going to the White House at some point.

Speaker 16 (23:25):
Yeah, I'm just wondering if we might see Donald Trump
over this side of the pond first, because after that
historic phone call he had today with Vladimir Pushin, the
Russian president, there was a big phone call between Georgia
Maloney and mccron and Mertz from Germany. And in the
statement that I saw from Maloney's office just five minutes ago,

(23:48):
there was a suggestion that Pope Leo may host those
peace talks at the Vatican, so we might see Trump
over here.

Speaker 2 (23:54):
Do you get the vibe out of those phone calls
I've read wat's been said? Is our piece talks to
be held? I mean, we we held out for Turkey
last week and nothing happened.

Speaker 16 (24:04):
Yeah, we seem to be going around in circles, don't we.
And I don't know that President Zelenski's any more confident,
but he was shaking a few hands here. He was
here for the inauguration and he had a private meeting
with the Pope as well. So let's have to well,
I guess we'll just have to wait and see on that.

Speaker 2 (24:19):
I suppose. The other big news of the day, of course,
is the EUUK thing. I mean, from the EU's point
of view, it's got a bit of the old ass.
It took you a while to come back, didn't it.
A I mean, I suppose the fallout is really going
to be in the UK.

Speaker 10 (24:31):
Yeah.

Speaker 16 (24:31):
I mean the British Fime Minister Kis Darma has hailed
this agreement as a win win, but reading between the lines,
it looks like the UK has really caved in, particularly
on the issue of fishing rights.

Speaker 2 (24:45):
I mean, how do how has you You've voted to
leave and if you're a British fisherman, the Europeans are
still in there and now for another twelve years. How
do you sell that domestically?

Speaker 17 (24:56):
Yeah?

Speaker 16 (24:57):
I mean we've seen a pushback already right across so
the board from the Conservatives and also Labor MPs. I
noticed former Prime Minister Boris Johnson has also been accusing
Starmer of being a Brussels gimp and selling out.

Speaker 2 (25:11):
So exactly so, there's a lot of order to go
under that particular bridge. Joe, good to catch up. We'll
see on Thursday appreciate it very much, Sir Catherine's way
said Joe doing the business out of Europe for US
this morning. By the way, speaking of which which is
sort of Europe but not really at South America, France
is going to open a new high security prison in
the Amazon. They're going to house drug traffickers and radical Islamists.

(25:32):
It's going to costwards about seven hundred million. They reckon
it's going to be opened by twenty twenty eight. If
they can spend seven hundred million dollars in the Amazon
and build a prison and open it within three years,
can't we How come we can't build five kilometers of road?
What's the matter with us? Anyway? It's going to hold
five hundred people, are separate wing designed to house the
most dangerous of criminals northeast coast of South America.

Speaker 18 (25:55):
It sounds like a reality TV show to me.

Speaker 2 (25:57):
First first question we'd ask in this cuntry how you're
gonna staff it, which presumably is an issue. I mean,
I guess you're going to pay people well to go
to the Amazon. Nine away from seven.

Speaker 1 (26:07):
The Mike Hosking Breakfast with the Range Rover Villa News
Talk ten.

Speaker 2 (26:12):
A good question Why is it up to the Labor
Party and negotiate with the Murray Party. It's not the Marray
Party can have their say. This is Jerry's problem. He's
going to give everyone to say one hundred and twenty
three mpiece ten minutes each you can put forward an amendment,
So that's potentially one hundred and twenty three amendments. Another
ten minute speech, so the speech going for hours. What
you're looking for today is where the Labor parties stand
and why they would defend the Maori Party. So the

(26:33):
Marray Party can defend themselves than they are. The Greens
are on the Marray Party side and the Labor Party
are on the Murray Party side. Why, I've got no idea,
but you got to look out for why they're defending
up anyway, Mike, remember the good old days when they
export a gas from the Maori field. You can thank Jacinda, Mike,
don't mention her name. Was that triggering yesterday or what
it was triggering? How dare she? How DAEs she stand

(26:55):
there with her documentary and her book clipping the ticket,
making the money after completely and utterly stuffing this country
economically and then running for the hills. The gas guy
Andrew Jeffries. Mike hits the nail on the head, Yes
he does. Don't give up, Mike. We need you positivity.

Speaker 10 (27:12):
Yeah.

Speaker 2 (27:13):
Now, look, no one's more aspirational for this country than
I am. But I mean, you know when Simon comes
on this program and goes, I'm going to get some
LNG going and he doesn't, And when for yet another
winter we need more coal because we haven't got any
gas and it doesn't rain enough and the wind doesn't
blow the good old stockpile and hope, Mike, how have
we become such a useless country in such a small

(27:34):
space of time. What a good question, Simon? Five minutes
away from seven, the in and the outs.

Speaker 1 (27:41):
It's the fizz with business favor. Take your business productivity
to the next level now.

Speaker 2 (27:46):
Baker, Tilly Staples Roadway have come to the party this
morning with another one of their super cool surveys, looking
at over two hundred businesses. What are we making of
the budget? Fifty seven percent believe the government is performing
well on the economy. Fifty seven percent. Good number compares
to just fourteen percent from the last pole that was
August of twenty three, so a big improvement. Thirty three
percent disagree. Might be the perception that businesses thought it

(28:09):
would be easier to operate under National, but fifty seven
thirty three they're winning same pole. In twenty three, eight
point five percent predicted a worse outcome for their own
business under National. This year's pole, it's thirty two percent
have performed worse. Over the last twelve months, Forty three
percent have seen a difference or no difference at all.
Top three concerns usual thing, cost of living, cost of

(28:30):
doing business, geopolitical issues. Found support for the government not
adding to inflation, so they're doing a good job on
that front, and that's true. The stats don't lie where
we seem to have inflation under control. RB next week
big day for them forty two percent. So this year's
budget will affect them negatively. That's miserable. How do you
know that? You haven't heard yet. How do you know

(28:51):
for how can so many people think, oh, it's not
going to be up for me. You don't know that
only twenty eight percent. So it'll be positive, mind you,
you don't know that either. As always businesses they want
action on the tax bans and the reduction in the
company tax rate, don't we all, we're apparently dropping our
hate on the capital gains. Those who strongly disagree with
capital gains has gone down from thirty nine to thirty one,

(29:12):
so just a third of people think capital gains is
a bad idea. So once Chris Hopkins is busied himself
defending the Maori Party, you might want to ask Chris
when's is capital gains tax going to be released? Because
that's coming in the life two distant future. Also yesterday
little bit of tax treatment. It's a bit dry. It
might help. It's not that big, but we will work

(29:35):
you through the detail of that in a couple of
months after the news.

Speaker 1 (29:38):
Which is next the Breakfast Show, Kiwi's Trust to Stay
in the Know, the Mic Hosking Breakfast with a Vita,
Retirement Communities, Life Your Way News togsad.

Speaker 2 (29:49):
Be wanting seven past seven to more new tax treatment
out of Thursday's budget to help business. Foreign owned businesses
will be able to fund a bigger chunk of their
investments here through tax deductible debt. There's also a tax
treatment on employee share schemes, Queen City Laws, Marcus Beverage
Specializes and all this sort of thing and he's with us,
Marcus morning to you, what do you make money? Small

(30:10):
numbers doesn't change. Does it move the needle or are
we just a bit grateful for doing anything?

Speaker 15 (30:16):
A bit of both.

Speaker 19 (30:17):
I think it's signals that we're very much open for
business and it's sort of go west, young man, and
there's golden there beyonder hills, and we want to encourage
foreign investment and get some of the big infrastructure projects moving.
And to do that, we're saying yes makes Essentially, with
the thin capitals, you can set up holding company offshore

(30:37):
and have a debt between the companies and therefore make
less profit in New Zealand. So we're saying, yes, we'll
bend over, We'll let you make less profit here, but
please bring your funds in.

Speaker 2 (30:48):
Does everybody do this globally?

Speaker 19 (30:52):
I'm not one hundred percent sure about that, but it's
generally they're based the thin cap les harmonized between most
Western jurisdictions. There is a bit of a catch me
if you can, mentality in parts of Asia compared to
the compliant sort of companies out of more of the
Anglo Saxon jurisdictions. But yeah, it's always been there. It's

(31:17):
a legitimate way of lessening the text burden, similar to
the film stuff that they've done recently. So we're saying,
come in, we'll let you pay this tax. So obviously
the government's listening to the top end of town.

Speaker 2 (31:32):
The startup thing, I'm assuming it's for startups. You give
me a slice of the action instead of paying me
because you haven't got any cash. Is that a big deal?
Will that mean more startups or just easier for those
who already started up?

Speaker 19 (31:45):
That's more to do it with the employees. We won't
wake you for the tax that you've made for your
big outs. It's a bit like the business migration. I mean,
that's the good news.

Speaker 15 (31:52):
At the moment.

Speaker 19 (31:53):
We've had six hundred women committed here in one month,
and that could extrapolate that out over year. It's over
six billion dollars worth of money coming in for those people.
Of course, they don't need to be tax residents of
New Zealand unlike the USA folk, and they get a
four year grace period on their worldwide tax income. So

(32:15):
that's just saying it's like the changes to the.

Speaker 13 (32:18):
Fire for rules.

Speaker 19 (32:19):
If you haven't actually realized any profit, you haven't sold anything,
so you've only paper money, we won't tax you on.

Speaker 2 (32:23):
That makes perfect sense. They're starting in the Prime minister
years about the Golden Visa and the foreign Are we
pling all the levers here, Marcus, Are we doing all
we reasonably can to get our act together?

Speaker 19 (32:34):
Well, we're trying to get rid of roadblocks.

Speaker 13 (32:36):
We're halfway through this term.

Speaker 19 (32:39):
To me, it's sort of underwhelming, and you know, once
it needs to get out of the way and we
need to really fire up and get rid of roadblocks
so that it's sort of where the rubber hits the road.
It really makes sense. And I think to me it's
underwhelming to be a year and a half through, you know,
election cycle, to kind of be tweaking stuff at this stage.

Speaker 13 (32:58):
I think they could have done.

Speaker 19 (32:59):
A lot better, like like our friend Donald Trump, you know,
issuing edicts from day one. This has been cumbersome and slow.

Speaker 2 (33:06):
Dog the place, Marcus. Appreciate your insight, Marcus Beverage, Queen
City Law Managing Director. As I've said a million times
on this program, that's the sort of view I get
a lot from business in this country. And when the
Prime Minister was sitting on this program in this very
studio yesterday saying we're a new government. I said, no,
you're not. You're a year and a half and we
could have done so much more. Ten minutes past seven Sciar,
nearly hours of our morning, the US presidents, as you
well aware, hit the phones and you had a chat

(33:27):
with Zelensky, had a chat with Putin. So where are we?
Act y based foreign policy and security analyst Jimmy Rushden
back with US. Jimmy morning, Good morning. I'm very well,
and I'm trying to work out what actually happened. Apart
from the you know, the niceties about it all, is
anyone getting together to actually talk about ending the war,
and you know, I don't know ending the war?

Speaker 20 (33:47):
Not much happened, to be honest. Donald Trump and Vladimir
Putin had a lovely chat and apparently called each other
by first names and then did the kind of lovers
you know they're seeing the Reminds comedy where that each
one tries to tell the other to hang up first.
It was kind of It's it's really surreal to see

(34:07):
a US president essentially engaging in this dance with Putin,
who is clearly manipulating him and is clearly working him
like the you know, the x KDB officer that he is.

Speaker 2 (34:20):
And so the Pope got involved and said, you can
use my place if you want. Is anybody using anybody's
place to do anything or is this just another week
of Turkey Turkey Turkey, whops, nothing happened.

Speaker 20 (34:30):
Well, I think that the reason why Turkey is traditionally
used is because the Turks are trusted by both sides.
I think the Pope is obviously he's been very strong
pro Ukrainian. He met with Zelenski. It was actually his
first foreign leader that he met. You know, I think
that there you could argue that there has been a

(34:51):
positive step in regards to this prisoner exchange, this one
thousand for a thousand, which is apparently going to go
through in the next couple of days. But you know,
prison exchanges happened, happening throughout the war. Really that you know,
they've they've been kind of indirect contacts through the UAE
and other third party countries to arrange these. So you know,
it's there's really not a lot to talk about it.

(35:13):
It's Donald Trump again getting played by Putin and not
really understanding.

Speaker 2 (35:18):
I'm glad that's exactly my scenes Yeah, what what do
I just don't know who to believe. Do I believe
Ruby or Jeddi Vance? So one day they're saying, look,
you guys, sort this out or we're out, or Rubios
said the other day, we're here until we get paced,
which is.

Speaker 20 (35:33):
I don't even think they know to be honest. I
think Rubio obviously he's a traditional kind of Harpish Republican
and if he was president, he'd be handling this extremely differently.
With Vance, I think he generally tries to say anything
that he feels will resonate with the base, and you know,
please Trump. We saw that in the Oval office, for example,

(35:53):
when they had that massive bust with Zelenski. And yeah,
I think there is a large case of really making
it up as they go along. They really don't have
this set goal. They think that they can, you know,
appeal to Putin's better interest to keep talking about this
destructive war where loads of people are dying, but Putin
just doesn't care about the lives of either his own
people or obviously Ukraine.

Speaker 2 (36:14):
No, exactly, all right, Jimmy will start touch pretty sure.
Jimmy Rush and out of Keith for us this morning.
Mollie Mike, isn't it a sad reflection of government when
they have to close the Public Gallery for fear of violence.
What a disgrace. I mean yes, but I wouldn't have
kept it open today either, because I mean it's got
the potential will be a complete shambles. More on this
in just a moment with Lockwood Smith fourteen passed the.

Speaker 1 (36:35):
Mike asking Breakfast Full Show podcast on. I have radio
powered by News Talks.

Speaker 2 (36:40):
It'd be Mike, will we be able to watch the
Circus debate today? And of course you can Parliament every
time Parliament's on Parliament is televis. It's no problems at all. Now,
speaking of which, sixteen minutes past seven could be another
day of shambles as the Privileges Committee recommendations around the
Murray Party rule breaking get debated in the postcare press yesterday,
there was no shortage of questions as to whether the
government wants to cut a deal.

Speaker 21 (37:01):
The Privileges Committee make that decision. They are empowered. We
have representatives as every party does in the Privileges Committee
and the determination from the Privilege Committee we support exactly.

Speaker 2 (37:11):
Former Speaker of the House of Lockwood Smith back whether
it's Lockwood Morning wedding Mate. The Jerry Browne reaction, I
got mixed messages. Either he seems sympathetic, you seem sympathetic
to the Marory party hents. Everybody speaks and everyone gets
an amendment and they speak to that amendment. The suggestion
from the Prime Minister on this program yesterday is those
are the rules and he couldn't do anything about it.
What's the truth?

Speaker 11 (37:32):
Well, in fact, the Speaker can do something about it, Mike.
I mean, the first thing that obviously the Speaker would
have tried to do is get the Business Committee to
agree to how to handle the debate, and obviously that's failed,
it seems from what we've heard that's failed. So but
then the speaker has control because if the debate becomes

(37:54):
futile and just abuse a tirade, the Speaker can accept
a motion that the question be now put and so
so much will depend on the speaker's judgment of the
quality of the debate because a member can only speak once,
but if an amendment has moved, a speaker and a

(38:14):
member can speak again. So it could go on for
a long time. But the debate must be of good
quality for the speaker to accept that you know that
the speaker has huge power in Parliament.

Speaker 2 (38:26):
Well, I'm glad to hear that. I just wasn't seeing
it from him the other day. And I don't want
to get you in trouble for criticizing the Speaker, but
he seems to have fallen short here at a moment
he could have owned it more, he didn't. Is that
fair or not?

Speaker 11 (38:38):
Well? He made the point that it is important for
a speaker to take note of the of the needs
of the minority in Parliament and not just support automatically
a majority. As speaker, I always, if anything on the balance,
support of the opposition if you like, where there was
a judgment a balance, But where a debate falls into

(39:01):
just abuse and something that's not up to the stands
of Parliament, the Speaker can accept as a motion that
the question been output and then the House votes on
that and the majority will win that vote. And so
the Speaker's judgment here is critically important and I think
it's up to the Speaker to make sure of this

(39:22):
debate that will be watched by many people actually shows
Parliament to be better that has been in the last
couple of weeks.

Speaker 2 (39:29):
Would you have closed public gallery.

Speaker 11 (39:33):
I think given the risks around this, it probably is
wise because if it'd got untidy, of course you'd have
to hold Parliament for a while while the gallery was cleared.
And so I suppose that it is why since everyone
can watch, as you just said, on television and that's
so important. But this I think will be a test

(39:56):
of Speaker Brownley, because this is one where the Speaker's
judgment is actually going to be critically important. People must
see him to be ruling in a fair manner. But
you know, Parliament shouldn't is to you degrade into a mess.
And I've been worried for some time that the standards
in Parliament have slipped hugely in the last few years.

Speaker 2 (40:18):
Could not agree more. It's sort of a moment in
time in many respects, isn't it. Lockward. Appreciate your time
as always so, Lockward Smith, former Speaker of the House.
Of course, we have more to say on this in
just a couple of moments. And as regards the budget,
Chris Bishop, Transport ministers hundreds more and more money. You
wonder where they're getting the money from. I might ask
them hundreds of millions of dollars more for rail This Morning,
seven twenty.

Speaker 1 (40:40):
The Mic Asking Breakfast Full Show podcast on iHeartRadio powered
by News talksby.

Speaker 11 (40:48):
Now.

Speaker 2 (40:48):
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You're winning innovation leaders since two thousand tasking yes, seven
twenty four. So this debate around the Privileges Committee and

(41:54):
their decision over the marry Party that starts today, as
we've said, set to be a long winded, largely pointless exercise.
So if you can be bothered, get a read on
where each of the parties stand why, because you will
find that some parties do not agree with the committee
and think the so called punishment is a little bit hard. Now.
The Prime Minister asked about this yesterday's post cabinet press conference.
In fact, they were the first questions asked, which was

(42:15):
a bit sad and yet again a reminder of how
the press gallery is not really interested in the news
of the day and perhaps even the good news of
the day, because the good news of the day came
from the Finance Minister who were standing next to them
at said conference and a bit busy up to the
question bit outlining some new tax treatment for investment and
payments for startups, the stuff we've just been talking about,
and business is looking for a bit of a relief
around rules and paperwork that got scant coverage despite the

(42:37):
fact these are the very sorts of issues, ideas, and
policies that will drag this beleagued economy out of the
quagmire it's currently stuck in. As regards the Privileges Committee,
for the record, the PM stood firm on the ensuing
debate and whether or not by bargaining away the decision
it could expedite what could be days of time wasting.
Now why this matters is because standards matter, and standards

(42:59):
in this country have become embarrassing. What the Maori Party
did was farcical as well as embarrassing. And it was
not because they're Maori or because what they did was Maori.
It was because they broke the rules and rules count
or should count, because when they don't, people like the
Mari Party into a lesser degree. The Labour Party and
the Greens bring us all into distribute. Believe it or not,

(43:21):
there are large swaths of this country that find what
has been happening at our highest level of leadership to
be completely and utterly shocking as well as embarrassing and needless,
and we're more than over it. And by asking where
the government can plea bargain it away so we can
skip a lengthy, boring debate is systematic and the problem itself. Oh,
I deal with it when we can ignore it or

(43:41):
water it down. If those who think this is all
okay want to debate it and remind us what mediocre
looks like, that's on them, cosking Like I get the frustration,
but we are way down in the depths minimum two
terms required and that's reality. That is true, that's one
hundred percent true. But this is where the big debate
comes next year election year. Are the government going to
realistically be able to go? Look, give us more time. Yes,

(44:05):
it's still problematic, but give us more time given the
damage we inherit it. That's the key to it all. Hey,
Trump's in the garden are talking about his phone call it.

Speaker 22 (44:14):
We just spent two and a half hours talking to
Vladimir Putin and I think some progress has been made.
It's a terrible situation going on over there, five thousand
young people every single week of being killed. So hopefully,
which is something we also spoke to the heads of
most of the European nations and we're trying to get

(44:35):
that whole thing wrapped up. What a shame that it
ever started in the first place.

Speaker 2 (44:40):
So yeah, So if you can find a single piece
of tangible evidence that anything actually is going to happen
as a result of the phone call for that whole thing,
then let me know, Because guys, wrap it up. I
cannot find that anything's happened. Rayl millions hundreds of millions

(45:01):
more for rail as part of the budget. Will crunch
you through a few of these numbers with the Transport
Minister after the news, which is next.

Speaker 1 (45:07):
It's your source of breaking news, challenging opinion and honored facts.
The Mike Hosking Breakfast with the range Rover vi La
designed to intrigue and use Tod's.

Speaker 2 (45:18):
Dead be Mike Trump said yesterday that no peace deal
would be reached without him present. Today he said, us
up to Russia from the Ukraine because they know the details.
All you're doing is regiterating what I think increasingly most
of us are coming to conclude, and that as he
makes it up as he goes along. Mike Brownlee has
to grow some balls. As Speaker today, watch Parliament regularly.
He's been very weak. Let's hope for change, you're not

(45:38):
going to get any change, and I tend to agree
with you. I had some hope when he started, but
I've lost most of it. Twenty three minutes away from
make Mary Bartlett's white lotus Any Murphy of shitz Creek.
They're together in an excellent new project. I'll tell you
about after right, Mayor rum with us on the programmering
shortly meantime back here. More money for rail. The budgets

(46:00):
six hundred million dollars plus for upgrades and new infrastructure,
for sixty one for freight that transports thirteen percent of
our national freight. So for sixty one out of the
six hundred for that one hundred and forty three million
for the metro networks in Wellington and Auckland's lot of money,
isn't it? Transport Minister Chris Bishop with us morning.

Speaker 15 (46:18):
Good morning.

Speaker 2 (46:19):
Six hundred million dollars. Where on earth are you guys
finding all this?

Speaker 15 (46:24):
It's from the capital allowance. It's money for overdue renewals
in Auckland and Wellington, upgrading the reliability of the metropolitan
rail network. Very important and also investment into rail around
the country for the freight network as well. So it's
all from the capital allowance for the most part, and
it's an important thing to do.

Speaker 2 (46:42):
So it's money you've already got that hasn't been spent.

Speaker 15 (46:46):
We allocate a capital amount of money and every budget
it's called the capital allowance, and we draw it down
and obviously it's capital's but lumpy, so you allocate things
in previous years and the money actually gets spent in
future years. But it's schu'reccounting.

Speaker 2 (47:01):
But yes, so you've already announced this money, so you're
re announcing the same money.

Speaker 15 (47:06):
No, no, no, no, no, this is new money that's
comes out of this year's capital allowance. I'm just simply
making the point that sometimes things get allocated and the
money get spent later on. But this is new money
in this budget.

Speaker 2 (47:16):
Okay, good, So we're not borrowing. My increasing concern around
all these announcements as regards the budget as somebody's borrowing money.
Tell me you're not borrowing yet more money.

Speaker 15 (47:26):
Well, the government is borrowing now, I.

Speaker 2 (47:29):
Know that, but more on what we already know about
this is my concern. All of the announcements you guys
have made so far equate to billions of dollars. Now,
either you've found fantastic savings, brilliant, well done, congratulations, or
you're borrowing more.

Speaker 15 (47:43):
We are borrowing, but we we are delivering significant savings
in the budget that you'll see on Thursday, and you'll
see a pathway back to fiscal sustainability. But it's not
going to happen immediately, and it won't happen overnight. The
books that were left us by labor were a complete sham,
and you can't do everything well at the same time.
So we are mapping out a pathway back to fiscal reality.

Speaker 2 (48:06):
Good. I'm glad to hear that part, and we agree
with you on labor. But my concern is, given the
position we have currently in debt, we can't afford to
borrow more, and yet you're telling me we're borrowing even
more than we already are.

Speaker 15 (48:19):
Well, we are going to continue to borrow in the budget.
You'll see the numbers and the forecast around debt to
GDP on Thursday. I'm not going to get ahead of these.
Are they worse than what I would understand them to
currently be? Well, we have an issue with debt in
this country in the sense that labor blew the box
by one hundred and twenty billion bucks and we've got
to get the debt to DDP level under control. Yes,

(48:40):
but we can't do that in one budget. That's going
to take time. But you'll see the plan on Thursday
to get that under control.

Speaker 1 (48:46):
Yeah.

Speaker 2 (48:46):
I just don't want to getting worse in the meantime,
is what I'm.

Speaker 15 (48:48):
Saying, Leather do I. And that's why we've got to
go for growth, Mike. And that's why that's why all
the things that the government's doing in the budget and
around the IRMA and fast Track and you know, building
construction set to all of those things are really important
to go for growth.

Speaker 2 (49:03):
Okay, four hundred and sixty one million dollars, how much
of a patch up job is that versus what if
you had all the money in the world, would it
be a billion dollars or are you're patching the whole
lot up with four sixty one.

Speaker 15 (49:13):
Oh no. Look, we've got significant rail investment required, particularly
metropolitan network in the future years. So this provides two
more years of funding for thet Brookland and will into
metro networks. But to be honest, we are. You know,
there's a significant funding investment required in the future years
to keep the lights on on those networks because successive governments,

(49:35):
this is unfortunate. Successive governments have neglected the basics and
the maintenance on the network and so there's a enormous
amount of renewal required and we're now having to grapple
with that problem. It's like many things this government is
dealing with. We've inherited it, we don't like it, but
we're just going to get on with it and deal
with it.

Speaker 2 (49:51):
All right, appreciate it. Chris Bishop, who's the Transport minister?
Do you share my same interest? I mean it's all
going to be unveiled on Thursday, obviously, but are you
bothered at all by the prospect of even more money?

Speaker 1 (50:04):
Now?

Speaker 2 (50:05):
It's important to differentiate and I'll come back to his
What I would argue is potential obfuscation around some pretty
simple questions around debt. There is no question this government
borrows money, and that's because we're running still a deficit
each and every year. We spend more than we make.
So we get that the numbers are out there. We
understand the position that we're in what I do not

(50:25):
want to see on Thursday is that borrowing and some
and that's the critical part of this. Now I may
be alone with this. Maybe we're all so far down
the sinkhole nobody cares anymore and we can borrow to
We're blue in the face. Mike ambluxom ply bargains this.
He's as bad as them, and a parliament is officially
a circus. And that's what I liked about Luxelmon yesterday

(50:46):
in the postcap press conference. He wasn't bargaining it. And
these questions from the media, are you going to cut
a bar and say what the hell? I'll come back
to that as well, because I got name checked in
the press conference yesterday. People are becoming a bit obsessed
about me. Labor are going to need to a majority
next to you, Mike. No way in hell are people
want to get coalition with the Greens in the Married party.

(51:06):
That is a major hurdle for the Labor Party, I
will grant you that, But do not underestimate the natural
alignment between Labor and the Greens and the Marory Party
on a lot of issues. As mad as it all
seems a lot of them within the Labor party actually
like each other, get on with each other, and align
ideologically with each other, and you might find there's quite

(51:27):
a number of people in this country that think it's
not a bad idea. Seventeen to two.

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

Speaker 12 (51:37):
Talks ad Be.

Speaker 2 (51:39):
It is forteen minutes away from a So three times
I ask Bishop about these borrowing. His first one, more,
tell me you're not borrowing yet more money?

Speaker 15 (51:53):
Well, the government is borrowing.

Speaker 2 (51:57):
Gave it another crack. Either you've found fantastic savings, brilliant,
well done, congratulations, or you're borrowing more.

Speaker 15 (52:05):
We are borrowing.

Speaker 2 (52:08):
So I gave a third, go we can't afford to
borrow more on you're telling me we're borrowing even more
than we already are.

Speaker 15 (52:14):
Well, we are going to continue to borrow at the budget.

Speaker 2 (52:17):
So is he and I want to pull the rug
out from under him. Is he arguing that we borrow,
have borrowed, do borrow, and that's just going to continue?
Which is it's not fine, but we understand it. The
numbers are out there. Or did I ask a clear
enough question that we are going to be borrowing even
more than you thought we were and that then becomes

(52:38):
a problem.

Speaker 18 (52:38):
Or is it? Just as the Prime Minister said yesterday, he's.

Speaker 2 (52:40):
So good, can I say to all the people listening here?
And he tries to weasel it out of me, But
now we've got to wait till Thursday. Ah the Prime Minister,
which brings us to the postcab yesterday and I was
name checked by Radio Watias Gallery senior reporter Claudette Haiti and.

Speaker 23 (52:58):
This morning you are zb When you were talking to
Mike Hoskins, he asked a question about the maorification of
New Zealand your support of the punitive measures leveled against
the party Mardi. If we're going to try Standards Bill,
the review into the quite Tony Tribunal and the now
defunct Treaty Principles Bill, is that your is it the

(53:21):
National Coalition government strategy and the demorification of New Zealand?

Speaker 2 (53:26):
She should work for Ari and she's very neutral, isn't she? Anyway?
Luxean wasn't having any of it.

Speaker 21 (53:31):
I'm not characterizing it that way.

Speaker 13 (53:32):
We were.

Speaker 21 (53:33):
Each of those issues are different issues and I'm happy
to debate each and every one of them with you.
You know, as I said, and you want to bundle
them all up and make a question like that, and
I'm not responding.

Speaker 2 (53:42):
To that exactly. There was a reporter, I'm told from newsroom.
No one could work out who it was. But anyway, though,
from newsroom, do you.

Speaker 19 (53:49):
Think it's racist to say that New Zealand is being mariified,
that we're seeing the modification of New Zealand.

Speaker 21 (53:55):
Well, I wouldn't use those words a question that a
member of the media asked me. All I'm just saying
to you is that what we're interested in is the
government's making sure we advance outcomes for Maori and non Mardi.

Speaker 2 (54:05):
Do you think a member of the media and I
wouldn't use those words talk about throwing under the bus.
He better not turn up Monday because he's infuriating me already.
Am I correct or am I correct? Did this government
led by the National Party promise to get rid of
the moraification of this country or not? Did they say

(54:26):
there are no Mari road signs, there are no Mari
road names, that government departments are not going to be
referred to first and foremost by their baron. Did they
or did they not promise that that was part of
their government program? And every time I raise it, it's simply,
why haven't you done what you've promised? And the answer
is a year and a half. And he was busy

(54:46):
yesterday saying we're a new government when they're not a
new government at all.

Speaker 14 (54:49):
Oh, come on, come on, give me a break, get.

Speaker 2 (54:53):
Away from me.

Speaker 1 (54:55):
The Mike Hosking breakfast with Bailey's Real Estate News talks
dead They.

Speaker 2 (54:59):
I've got very very good news seven away from my
very very good news. As I written in one of
the Australian papers the other day, the most sensitive issue
in Washington at the moment is where's Millennia. I wasn't
particularly sensitized by that, given I didn't think she was
going to be showing up, and I was surprised in
the campaign how much she did show up. And I
have fully assumed in the second term you'd literally never
see her, because why would she bother anyway, she turned

(55:22):
up today.

Speaker 24 (55:23):
Oscars Lady, My be Best initiative is focused on improving
children's while being encouraging kindness and creating a safer online
environment for our youth.

Speaker 1 (55:35):
Today.

Speaker 24 (55:36):
I'm proud to say that the values of be Best
would be reflected in the law of the land asking.

Speaker 2 (55:44):
So they signed a executive order and it's about deep
fakes and they're going to sort that whole thing out
the net the war.

Speaker 18 (55:54):
Apparently the tech companies are going to have to take
those deep fakes down.

Speaker 2 (55:57):
They're going to have to eat those deep fakes. That's
what they're going to have to do. Capital spending MIC
has been built on debt Forever, Auckland, harbor Bridge, IP.
I get that, and a lot of you have texted
and said that, and I agree with that. It depends
on what you borrow and if you're borrowing to build
and grow fully.

Speaker 10 (56:12):
Get it.

Speaker 2 (56:13):
Problem at the moment, and Nicola Willis ran it the
other day is we're one earthquake, one natural disaster, one
major economic shock away from complete and utter fiscal meltdown
in this country because we owe so much money now
as a percentage of our GDP, we can't afford it.
Even if we went out and said we want to
build all the rail all the boats, all the ships,

(56:35):
solve all our infrastructural problems tomorrow, we can't. We don't
have the headroom. That's what they say in financial circles.
We don't have the headroom to be able to go
out into the world without paying exorbitan its exorbitive amounts
of interest on our debt. We currently pay nine billion
dollars plus per year just on the interest on what
we owe nine billion dollars each and every year just

(56:56):
on the interest. We're not paying it down, just on
the interest. The more you borrow, that just goes up.
It's already projected by the way to go up to
ten and then head to eleven. So how much do
you want to pay to you just on interest? Twenty thirty,
forty to fifty billion? How many for goodness sake? And
that's the problem. So we are in such a stuck
place that we really can't afford, even if we wanted

(57:17):
to to grow, afford to borrow anymore. Borrowing for vanity,
Mike and social engineering, this bad borrowing. Borrowing for growth
and investment of a structure is good borrowing as it
has payback. I agree with you. But when you can't
afford something, you simply can't afford. There's always a bill
with this sort of thing. By the way, here's something
you wouldn't have known. But they're having a debate in Australia,

(57:39):
and you know how you've got superannuation and it's compulsory
there now and this is why we need to watch this.
They've now decided to start taxing people who have got
three million dollars or more in their superannuation accounts, so
they force you to save. And once you've saved and
done well, and there are thousands of people who got
three million dollars or more in their superannuation accunts, I'm

(58:00):
going to tax you more. So if you get more,
you get tax more. And that came out yesterday. One
of the concerns about that is that if you've got
wealthy people who are in the workforce, they'll go, you
know what, stuff here, I'm not going to work anymore.
I'm going to retire. The wealthy, the successful will retire.
And the Australian economy already recorded as of yesterday close
to the worst productivity performance in the developed world. So

(58:24):
for all the New Zealander's tens of thousands of them
that are scarpering across there to the new bright and
wonderful life, it's one of the worst productive places in
the world, which brings me and I don't have time now,
but I will do it later on in the program.
What you need to earn in Australia to be in
the top one percent in different suburbs. And the key
to it was the average annual income in Sydney is

(58:47):
eighty two thousand dollars. The median income is fifty eight
thousand dollars. So for all the people who go I
can go to Australia and they'll triple my salary. Mainly,
it's crap. It simply isn't true. Otherwise you wouldn't have
an average salary of eighty two thousand in the most
expensive city in Australia and a median wage of fifty

(59:09):
eight two hundred dollars. Let's get into a bit of
Tally Murray Bartlett and Annie Murphy. But moments away you're
on the mic hosting Breakfast.

Speaker 11 (59:17):
The news is just.

Speaker 1 (59:21):
The news and the news makers the Mic Hosking Breakfast
with Bailey's Real Estate, your local experts across residential, commercial
and rural news talks that'd.

Speaker 9 (59:31):
Be strange effect.

Speaker 2 (59:41):
It is seven past eight nine. Perfect Strangers came out
in twenty twenty one, was generally seen as a hit.
I thoroughly enjoyed it. My wife was circumspect on it.
I thought it was good Anyway Nicole Kidman's Start strangers
come together for a retreat, they connector but you don't
know how. It was set in Australia. Now we've got
season two, which is sit in Austria and Murray Bartlet

(01:00:01):
and Any Murphy are two at the Stars. Butlet when
of course an Emmy for his role as resort manager
in the first season of White Lotus. Andy Murphy is
best known as Alexis on Shit's Creek. Anyway, Murray and
Any both were this good morning fun back at you, Annie.
Have you seen it in totality and if so, what
do you make of it?

Speaker 25 (01:00:21):
I've experienced it in totality.

Speaker 9 (01:00:23):
I've only watched the first four right.

Speaker 25 (01:00:26):
It is a wild, unhinged ramp of a season of television,
and it is We were so lucky. The cast is
so extraordinary and the crew was so extraordinary, and so
were we really really looked out with everybody involved in
this full world ride.

Speaker 2 (01:00:44):
What did you know going into it? Did you see
season one where you a fan? Have you heard of
it at all?

Speaker 9 (01:00:50):
I of course had heard of it.

Speaker 25 (01:00:51):
I watched it after getting the offer for season two.

Speaker 9 (01:00:55):
I did a full binge and it was so exciting.

Speaker 25 (01:00:58):
The thing that was most exciting to me was the
ensemble nature of all of it, knowing that I was
about to go into this you know, long shoots that
we were there for six months in Munich with a
whole bunch of really talented, really theater dorky actors, and
so I was I was thrilled by the prospect.

Speaker 2 (01:01:19):
What about you, Murray, what did you know of it?

Speaker 17 (01:01:22):
I'd watched the first season and I really loved the
whole premise of the show, so I, like I dove
in and devoured it. So I was super excited to
be part of the second season.

Speaker 2 (01:01:35):
Do you think this has got legs? And this question
is applicable to both of you, because if you look
at White Lotus, Murray, that's got legs, that changes lives.
It's a thing. Could this be a thing? I think
it is a thing.

Speaker 17 (01:01:50):
I think you know it's it's a It is a product,
as White Lotus was of a time when we were
all locked down, so we were looking for shows where
we could all be locked down together and make a
TV show. So I but I think it's a it's
a great concept for how to shoot a TV show.
It it I and I had this experience on White

(01:02:11):
Lotus and on nine Perfect Strangers where you're all transplanted
to another place. You kind of, you know, in each
other's worlds the whole time as characters and its people,
and there's something really beautiful about that that translates into
the show.

Speaker 19 (01:02:24):
I think.

Speaker 17 (01:02:25):
So, I think it's I think it's got legs and
it's running on them.

Speaker 2 (01:02:29):
Are you desperate to be back for season three?

Speaker 9 (01:02:33):
I don't think we'd be welcome back. I don't think either.

Speaker 25 (01:02:37):
I think the whole thing is that you toss, you
toss what you had, and you get a whole new
batch of people.

Speaker 17 (01:02:42):
And it's very complete this season, you know. I mean,
I'm sure we could see where these characters go.

Speaker 9 (01:02:47):
Who knows.

Speaker 17 (01:02:48):
I mean, I'm open to it. But I think it's
the sort of design of the show that is that
if there was a third season, it'd probably be a
whole new group of people.

Speaker 2 (01:02:56):
Is that the word it's going any because I mean
the White logsest thing you will have followed as much
as anybody else, And once upon a time, say Shit's
Creek for example, what you do as you start, you
get a hit, then you get another season of the
hit third season and so it goes for its entirety
for an arc, whatever it may be. These things White
Loatus seems to be a The cast come in, some die,
some don't, some never come back. So you do your

(01:03:17):
thing and then you move on to other things. Is
that how it works?

Speaker 25 (01:03:22):
I mean with this show, that that's how it works.
And it's you know, it's so bittersweet because you get
so close with this group of people and I've been
saying it did feel like you were with a theater
troupe because of the amount of time that we spent
together and then but for this particular show, I think
we all knew that it wasn't We most likely weren't

(01:03:44):
going to carry on to a season three, and so
we just tried our best to make the most of it.

Speaker 9 (01:03:50):
Will we had that time together, all right?

Speaker 2 (01:03:51):
Listen to Hold On You two, Annie Murphy and Mary
Bartlett nine Perfect Strangers are Good. The details will when
it dropped shortly more in the Moment though. Eleven past eight.

Speaker 1 (01:03:59):
Um Cosking Breakfast Full Show podcast on iHeart Radio powered
by News Talk.

Speaker 2 (01:04:04):
Zippy Talk Me. Fourteen Past Night, Murray bart La, Danny
Murphy with Us non perfect Strangers by the ways out
this Thursday Prime Video, a couple of episodes drop, and
then it's weekly after that. Anyway, so this time you're
talking about any so that this buying that you know,
there's so much time involves so much sort of this
extended period of six months in the snow apart from
anything else. I mean, that's a big ask, isn't it.

Speaker 9 (01:04:28):
You know what, I love snow. I'm one of those.

Speaker 25 (01:04:32):
I'm one of those it loves a good snow swore
when I go to winter experience. But no, I mean,
you know it was post COVID, post strike. It was
this incredible opportunity to go and travel and meet new people.
And yes, it was tough being away from my loves at.

Speaker 9 (01:04:52):
Home for six months.

Speaker 25 (01:04:53):
But smoke them while you got them, you know, just
I'm trying to take every opportunity I possibly can.

Speaker 2 (01:04:59):
Watch come while you've got them.

Speaker 1 (01:05:01):
I've never right, Mike, you may not have heard of that,
But that's how we roll.

Speaker 2 (01:05:06):
Is that? Like?

Speaker 1 (01:05:06):
Is that?

Speaker 2 (01:05:07):
What is that? Is that a Canadian North American thing?
You smoke them while you got them.

Speaker 9 (01:05:11):
That's just why we did the whole show. We just
smoked them while.

Speaker 1 (01:05:14):
We had them.

Speaker 2 (01:05:16):
Do you know, Murray, whether they think about and putting
an ensemble cast together for such a sustained period of
time with all the egos in the room, do they
work through who it is there hiring and whether it's
actually going to work in a confined space.

Speaker 1 (01:05:33):
It's a good question.

Speaker 17 (01:05:34):
I mean, I guess it depends what the result that
they they they want, you know, I guess they could
they could decide they wanted to have like a really
kind of intense, sort of combative experience, So maybe they
that's that's how they choose people. Fortunately, with this they
they it seemed like they were going for harmony because
we all loved each other. What was interesting I think
about this this group of people is that we're all

(01:05:58):
very different sort of personalities and the characters are very different.
So it's it's kind of an experiment putting very very
different personalities together in this way. But yeah, whatever they
were doing, they chose really well because we we we
had a great time. We connected really well as actors
and also as people, So you can't really ask for
more than that.

Speaker 2 (01:06:19):
Annie, how much of the cast or how many of
the cast did you know? And of those who didn't.
How many did you google and check out?

Speaker 9 (01:06:27):
I knew what was her name? Nicole Kidman knew her.

Speaker 18 (01:06:33):
We both heard of her.

Speaker 9 (01:06:34):
Yeah, yeah, I had to IMDb her, google her up.
She's really she's done a lot of stuff.

Speaker 25 (01:06:40):
Yeah, I mean, I of course knew Murray and was
such a massive, massive, massive fan of his. Christine Baranski,
who is truly one of the most incredible women I've met.
I knew her, I knew Henry.

Speaker 9 (01:06:55):
Golding, and then everyone else I did.

Speaker 25 (01:06:58):
I did Google up and I was thrilled to, you know,
realize what a truly motley crew they wrangled together.

Speaker 9 (01:07:08):
We yeah, it just it really did work out, because
it doesn't. It doesn't always work out that everyone kind.

Speaker 17 (01:07:15):
Of is like, you know, especially for a show, for
a job that's like six months and we're all, you know,
like transplanted together.

Speaker 9 (01:07:22):
It was, Yeah, we were.

Speaker 11 (01:07:23):
We were very.

Speaker 2 (01:07:24):
Fortunate, fantastic. Any how much time and effort and energy
and thought did you put into what happens post Shit's Creek?
Not enough?

Speaker 25 (01:07:35):
Apparently, you know what it was. It was a bit
of a not a rude awakening. But it's always no
matter what the show is or how much success it
has you do kind of commit yourself to an amount
of time and relationships with people, and Shit's creek was,

(01:07:58):
you know, seven years of my life, really big, special, important,
life changing years, and so you don't really want to
think about what comes next, and then it ends, and
then you're just kind of sitting there trying to figure
out if you're Alexis or you're any and if you
can be anyone but Alexis.

Speaker 9 (01:08:16):
And so it was.

Speaker 25 (01:08:18):
It was an adjustment, for sure, and that's why I
really wanted to challenge myself with something very very different
with the next show that I did, and I still
I want to keep challenging myself and do with things
as possible.

Speaker 2 (01:08:30):
Yeah, well as the song when you're a little bit
of Alexis, aren't you.

Speaker 9 (01:08:33):
Always a little bit?

Speaker 2 (01:08:34):
Yeah?

Speaker 18 (01:08:36):
Thank god?

Speaker 2 (01:08:36):
Yeah exactly. Well listen, good luck with us and maybe
season three, who knows, But nice to meet and talk
with you, and I hope it works out well. Thanks
So Nach Murray Bartlett, Annie Murphy nine Perfect Strangers Prime
video This Thursday, two episodes dropped, then you got weekly
after that. If you haven't. The Prime Minister and I
were talking about this off here. He's just into it
now Mobland just it's got the buzz and so it started.

(01:08:59):
I started binging on about it about six or seven
weeks ago, and it's now got the buzz whim enough
people have seen it, so you no longer go what even.

Speaker 18 (01:09:07):
I was at dinner with a couple on Saturday night
and they said we had to watch it.

Speaker 2 (01:09:10):
Moblands where it's at? And it was suggested on the
socials that last night. And when I said last night,
we watched it last night when it dropped and last
night's episode was the best episode yet. I'm not convinced
that's true. But it's right up there, and it leaves
you a wanting more, but b second guessing and third

(01:09:33):
guessing and fourth guessing as to what the next twist is.
The twist from last night's show, Katie goes, by the
end of it, I am so proud of myself. I
guessed exactly what would happen?

Speaker 18 (01:09:45):
Do you have any recollection of her making that guess?

Speaker 2 (01:09:48):
No, I said, I said, I didn't see it coming.
She goes, Oh, I did, And so I can't tell
you what it is because it'll ruin it.

Speaker 18 (01:09:57):
But is she doing as a revision? Isn't it that
revisionist history podcast where she just says, I knew it
was got to happen.

Speaker 2 (01:10:06):
Yeah, I knew that was going So anyway, that's Mobland
and nine Perfect Strangers once again from our house. I
thought the first season was really good. It's eclectic and weird,
but I thought it was good. Katie gave it probably
a six out of ten, but she saw.

Speaker 18 (01:10:20):
That he's a hard marker, isn't she very very.

Speaker 2 (01:10:22):
Hard marker on all of us?

Speaker 1 (01:10:24):
Cleant eight twenty the Mic Hosking Breakfast with Vida Retirement
Communities News togs he'd be.

Speaker 2 (01:10:32):
Mike Cadie was spot on with the rating nine Perfect Strangers.
I thought was pretty average. The trick I'd learned from
experience with Katie is basically, you agree with her and go.
She goes it's pretty average. You go, yeah, it's pretty average.
I agree with you. Stuff like that. I was thinking
during the break funnily enough, lux and when he came
in yesterday started talking about Mobland. Mobland, by the way,
does not have season two confirmed. Mobland's fantastic Mike brosn

(01:10:56):
As accent is dreadful. I don't think it's dreadful. Pete
it's just you've heard. And my summation was Katie disagreed
with me, perhaps not surprisingly, but my summation was, you
know him as nothing else than British and Bond and
so British and so bond that when he tries something else,
you think that's dreadful. I don't think it's actually dreadful.
He does an Irish accent. I don't think it's that dreadful.

(01:11:18):
It's pretty average. I'm sure Katie would agree with me,
but even if she didn't, doesn't matter as long as
you agree with her.

Speaker 18 (01:11:23):
I mean, I always thought that Hugh Laurie's accent in
House was absolutely abysmal. You and yet people will love
that program and it went for seasons.

Speaker 2 (01:11:31):
Smash it anyway. So Lux comes in, you say, starts
talking about Mobland, and then he talks about something that
Katie put up on the social media over the weekend.
I know nothing about this stuff because I'm not on
social media. So she does a lot of stuff behind
my back that leads to much hilarity around the country
and people think I'm some sort of weirdo and fool.
He comes and he's seen that and starts telling me

(01:11:52):
about that. As well. So all I'm surmising from the
Prime Minister's weekend is he's been watching social media and
he's been watching Mobland, and you wonder why we've still
got the verification of the country. Claudette whatever her name was.
Mobland hasn't got season two, but Your Friends and Neighbors

(01:12:14):
has but Friends and Neighbors, which I'm also watching, which
is very, very good.

Speaker 18 (01:12:19):
This is the latest John Hamm, John.

Speaker 2 (01:12:21):
Hamm, and it's coming to a conclusion and I can't
see how it has season two. I can't see where
it goes, whereas I can see where Mobland goes, but
they don't have season two, so I don't know what's
going on anyway.

Speaker 18 (01:12:34):
Meanwhile, season three of The Diplomat hasn't even come out
yet and they've already confirmed season four.

Speaker 2 (01:12:39):
Too intense. That woman, whoever, she is way too intense.

Speaker 18 (01:12:42):
So that's what I love about it.

Speaker 2 (01:12:43):
Do you care?

Speaker 18 (01:12:44):
I love her?

Speaker 2 (01:12:45):
The best piece and I read yesterday was from Mike Thorpe,
who we worked together on seven Sharp for a period
of time before we both realized that there was life
outside of that and we've moved on to better things.
One of the things he's moved on is writing an
article about Christich Stadium and which is going to open
very shortly. And the suites, the flash seats are oversubscribed,

(01:13:07):
so good news part number one. For a suite, you're
paying four thousand, seven hundred and thirty seven dollars per
year per person. And that does not include concerts, all
black tests or anything that I can work out exciting.

Speaker 18 (01:13:30):
How many in the suite, how many persons per suite?

Speaker 2 (01:13:33):
It depends. The biggest is sixty. I don't need to
say I don't need to say anything more. You can't
sugn you can't sum it up any better than that.

Speaker 18 (01:13:51):
That's the noise that somebody like bells, you know, digger higher.
So what I'm going to do it gets the bill
for it goes. That's it.

Speaker 2 (01:14:01):
Anyway, I'm going to work you through the numbers here
because what they're expecting you to pay for a sweet
seat is incredible. Good on them because they're oversubscribed. So
clearly the demand is there, but the numbers are iwatering more.
In just a couple of moments here with News Talks D.

Speaker 1 (01:14:17):
The only report you need to start your day the
my casting breakfast with a Vita retirement communities, life your
Way news togs head been.

Speaker 2 (01:14:28):
How many hundreds of you have texted with the break
well breaking news to me? But it makes the story ridiculous.
So and this has been a big deal in Britain
of all places. In fact, one of the tabloids the
other day was trying to run the headline that probably
two things were going to happen. Mobland was not going
to get season two, and if it did get season two,

(01:14:50):
Pierce Brosnan could not be in it because his Irish
accent is so appalling. But as you quite rightly pointed out,
he is Irish. So it's almost impossible to criticize a
person from Ireland and their Irish accent given its all things.

Speaker 18 (01:15:05):
I mean, I haven't watched it. Is there a reason
that he couldn't have been Irish in the first place?

Speaker 2 (01:15:11):
Now?

Speaker 18 (01:15:11):
Is he supposed to be?

Speaker 2 (01:15:13):
He's just a gangster, so he could have been from
anywhere in Britain or Island, could have been Scottish. May
I buy me, mate?

Speaker 18 (01:15:18):
I mean, didn't they make a whole movie about gangsters
called The Irishman?

Speaker 2 (01:15:23):
Correct? By the way, new details on our tourism sector
this morning from the WTTC, which is the World Traveled
and Tourism Council. It's going to contribute fifty seven point
two billion to the national economy this year, which surpasses
This is the key to this, despite the fact we're
stuck on eighty six percent of actual arrivals, surpassing the
pre pandemic levels. Domestic visitors, that's you and me. We

(01:15:44):
account for seventy percent of traveled spending. Seventy percent of
all trips are taken for leisure, so mainly when we're
on a plane, we're going on holiday. It supports over
four hundred and seventy nine thousand jobs in the country
that will grow to six hundred and thirty twenty thirty
five and tourism now accounts for almost fourteen percent of
the government revenue. So she's a big industry. She's growth industry.
We just need to do more than we have to

(01:16:07):
not only increase the income that get the number of
people back into the country. Twenty two minutes away from nine.

Speaker 1 (01:16:12):
International correspondence with Insigneye Insurance, Peace of mind for New
Zealand business.

Speaker 2 (01:16:17):
Right to Britain, we go for Rodrichard Morning Morning Made.

Speaker 13 (01:16:20):
It could be Roderick, but thank you. I don't often
get that.

Speaker 2 (01:16:23):
Well, there we go. It would be sir Roderick if
I had anything to do with it. But that's for
another day, another day. So the best headline I read
was Starmer is banking on Britain being over Brexit. So
in other words, he's burning political capital on this. Do
you think they've got a point or is he in trouble?

Speaker 13 (01:16:42):
It's odd for me to say this, but I think
he does have a point. I think we are over Brexit.
I think that a lot of the people, I think
all of the people who go to press it now
think they should not have vot depressed it. They'll still
vote reform, you know, the same problems lie there which
made them vote Brexit, which was a disaffection with Westminster

(01:17:05):
and an alienation from all the major parties. So they're
still with reform. But I do think Brexit has receded
into the distance a little bit. And okay, we've had
Magel Farage and Boris Johnson both coming out and say
he's selling us down the river. I'm not sure it's
a great deal that Starmar is striking. I don't quite

(01:17:25):
see what we get in detail from it. But I
don't think there's an enormous animus at large in the public,
amongst the Brexit support in public for saying no, don't
do this, this is a no go. I don't get
the feeling that that's the point. I may be wrong.

Speaker 2 (01:17:45):
Is this potentially some sort of trojan horsters more weathers
came from open the door and see how it flies
off we go again.

Speaker 13 (01:17:54):
It could be, It could be. We can't forget that
Sekir Starmer was fit naterally against Bressit right from the start,
and so was the vast majority, I think, all of
his cabinet. But you know, if we take him at

(01:18:15):
his word that what he's trying to do is get
a better deal for Britain whilst trying to improve our
trading relations which did need improving with the EU. You know,
the EU behave towards Great Britain with enormous spite in
the first few years of Brexit, and we've never really

(01:18:35):
recovered from that night. And so if this is a
kind of reset, and there are a few things to
worry about, such as fishermen's rights and particularly the number
of young people coming here, possibly working as chief labor.
Those are problems. Those are problems, but I don't think
they're in Superbowl.

Speaker 2 (01:18:56):
Okay, then you get to the deal what he gave
versus what she as bend Layin gave up as a
deal forget Brixit is it who wins or is it
even Stevens?

Speaker 13 (01:19:08):
I think at the moment the EU as one, but
then the EU is in the much stronger corner. I
haven't seen yet in solid terms what we have got
from this deal, and in a way, one should hold
judgment on the whole thing until we know exactly what
we have got from this. You know, we're told it'll

(01:19:30):
be easier for British trade and we're told that it
will make relations far more stable over the coming I
want to know in detail what we've got, and we
don't have any of that detail yet.

Speaker 2 (01:19:42):
Okay. From this side, Gary Lineker is going I thought
he was, but then he was and he was going
to do some other form of football. I mean, it's
all too damn confusing for me, but not the greatest
way to win. What, by all mine understanding is a
pretty stellar career.

Speaker 13 (01:19:57):
Stellar career twenty five years as the presenter of most
BBC Football and enormous household figure and a superlative broadcaster
on football. What let him down was the fact that
he tweeted every few It was it was a kind
of acted prop lefty who would tweet every day of

(01:20:20):
the week about things about which he knew absolutely nothing.
You want to know why England didn't win the last
World Cup, ask Gary Lineker. He will give you a
very clear and accurate summation of that. Ask him about
the Middle East conflict and you are in the hands
of a moron. And that is what gone on for

(01:20:41):
BBC's nerves. And eventually it was one tweet too far
for going LINKA and he's gone. I think you know,
I don't know what you think about this, min I
think it would be better if all BBC presenters were
allowed to say what they thought. Tell you why, if
we knew that, they wouldn't be able to claim neutrality anymore.

Speaker 2 (01:21:04):
That's but that's that's one of the great points of
the modern age, isn't it If it don't protein you're
neutral when you aren't, and we all know you're not,
so that's right. But who you are, say what you
want and we can we all know where we're at.

Speaker 13 (01:21:17):
Yeah, that's that's that's absolutely right. But Tony Hall, the
outgoing Director General of the BBC, always said, when you
come into the BBC you leave your opinions on the cokepeg.
No you don't. There isn't a cloaqu big enough of
the opinions of BBC presenters and producers and editors. It
is a center left, soft left organization which follows a liberal,

(01:21:45):
a liberal regiment and until we until the BBC kind
of accepts that the right will be after it. And
I think Lenicher's departure it doesn't help the BBC. We
know that he thought pretty much the same as most
of the rest of the being is seeded. So it's
it's a shame for football because he is a good presenter,

(01:22:07):
no question.

Speaker 2 (01:22:08):
All right, mate, Go well see Thursday, Rod Little out
of Britain for us this morning eight forty five the.

Speaker 1 (01:22:14):
Mike Asking Breakfast Full Show podcast on I have radio
powered by News Talks at.

Speaker 2 (01:22:19):
B thirteen away from line. So just back to the
revelation yesterday from the new stadium in Christchurch, which is
going to be amazing forty seven hundred and thirty seven
dollars per person per year for a suite and it's oversubscribed.
You're dealing with for thirteen events, which is what they're
giving you. There's no All Blacks, there's no concerts, there's
no International rugby League, no foot just basically super rugby

(01:22:43):
and maybe a bit of the NPC. So thirteen event
be you're paying three hundred and sixty four dollars every
time you go. That's a lot of money, isn't it.
Three hundred and sixty four dollars for some regular rugby
or I don't know, a bit of club football. A
premium reserve seat, so it's not even a suite. A
seat equates to twenty four hundred and fifty seven dollars

(01:23:04):
for the season, which is one hundred and eighty nine
dollars every time you go. The lounge, the Otatahi Lounge
starts from forty three oh seven. The Field Club, which
is a private section so it's not even a sweet,
it's a section, is thirty nine hundred dollars. The platform
is thirty six hundred and eleven dollars. The biggest sweet

(01:23:25):
sixty people two hundred and eighty four thousand dollars. I
mean that is serious coin and so good on them.
For being able to do it. I mean the demand
is there, the money is there. It's just a fantastic story.
And they go through in the article of the distances
you have to walk from the various places in the country.
Forsyth Bar, great indoor facility, but you're half an hour

(01:23:46):
away from town. Sky Stadium which isn't called sky Stadium anymore,
whatever it's called in Wellington. Are no roof thirty four
minutes from Courtney Place, Eden Park, don't even get you started,
ghost smart Media six days from town because in the
wrong part of Auckland a spark. Yes it's close to town,
but doesn't have a football pitch, so you can't do
half your stuff. Whereas the the one New Zealand Stadium

(01:24:10):
is team and has walked from Oxford Terrace. So they've
put it right. Looks good, they've got demand, build it,
they will come. Can't argue with it. Speaking of building,
it had Chris Bishop on the rail He was joined
this morning at the railway station by Winston Peters. Things
didn't go well.

Speaker 4 (01:24:25):
Tod Bollocks, load of polls wood look like well it's
gone up in the mirror.

Speaker 17 (01:24:29):
You look like like bollocks, mate, Sunshoine You.

Speaker 13 (01:24:35):
Donald Trump, you're at your nap off. Look at you.

Speaker 20 (01:24:40):
You go to headlines.

Speaker 18 (01:24:43):
Want to see you?

Speaker 15 (01:24:45):
You look on the light.

Speaker 13 (01:24:46):
You look Trump Young, Get out of here, last and
don't bluddy dead last leave. You're m.

Speaker 23 (01:24:56):
De fell Maron now are you?

Speaker 17 (01:24:58):
Yeah?

Speaker 12 (01:24:59):
You're feeling Marin Now?

Speaker 15 (01:25:00):
Well that'll we do if you want?

Speaker 2 (01:25:01):
It went well? So went, I mean, God bless him.
He took it. He was a member of the public.

Speaker 18 (01:25:07):
It said, somebody who's pasionate about trains.

Speaker 2 (01:25:09):
Yeah, he looks the member of the public looked what
he looked like Wellingtonian, didn't.

Speaker 18 (01:25:14):
He He looked like bollocks, according to look like Bollocks.
Winston n Haff.

Speaker 2 (01:25:19):
Nine minutes away from nine, the.

Speaker 1 (01:25:21):
Mate Hosking Breakfast with the range Rover, the La News.

Speaker 2 (01:25:24):
Togs dead be now the all new Defender Octa o
c TA Octor. There's a story behind that. I don't
have time to tell it to you now, but it's
it's it's it's there's a reason for being called the
Octa anyway. It's the master of extreme off road on
road performance, unrivaled responsiveness, unmatch capability, the Defender Octor. It's
got raised height, got wider stants, thirty three inch tires,

(01:25:46):
so it's tough from every angle. Looks incredible. It's got
a hardware and graphite front under shield that protects it
from the rugged terrain that you're gonna drive over. The
engine'es incredible supercharge V eight it's got six hundred and
twenty six horse power to hang on typepower. It's like, whoo,
here we go power. They took everything basically about the
Defender tended up to eleven. So the new Defender Octor

(01:26:08):
it's got a mote. It's got a button on the
steering wheel. That's the Octa mode that unlocks unique calibrations
of traction Control ABSV eight Performance designed to showcase the
vehicle's classifying capability. The thing you really should if you're
a car nut like me, look up the video and
there's plenty of them about on their sixty dynamic suspension.
What that does and how it does it is as

(01:26:28):
far as I can work out, little short of sheer genius.
So response to driving stars with hydraulic interlinked dampers and
higher adjustable airsprings, it's incredible. So you can literally and
I mean literally master any terrain and the Defender Octa,
the most powerful defender ever made your Landrovererdela is going
to have a demonstrator and you can order up one
and your life will never be the same again. Husking

(01:26:51):
five minutes away from nin England. We don't have to.
We don't have time to Dilley Deli around here. We
need to move on as quickly as possible to.

Speaker 1 (01:26:58):
This trending now with the Chemist Warehouse, Mayhem Megasale on
now now.

Speaker 2 (01:27:04):
Netflix have released their top ten of all time. And
this is a bit unusual because they're a bit weird
around their numbers. In fact, they're dropping the numbers as
far as I know. On their last earnings call, they
have just interested in the money and they said, we're
making more money. Doesn't really matter who's watching anyway. So
this is a list globally for the first ninety one

(01:27:24):
days of release. It's calculated by dividing total hours watched
by the show's run time. At number ten of all time,
season four of Money Heist one hundred and six million,
I watched Money Heist. I don't think I watched season
four though. Number nine Season three of Bridgeton one hundred
and six million. That was the thing until it wasn't

(01:27:46):
a thing, wasn't it? Number eight The Queen's Gambit. I
saw that one hundred and thirteen million. I thought that
was quite cool. Season one of Bridgeton the original as
number seven, one hundred and thirteen million. Dharma the Jeffrey
Dharma Story one hundred and sixteen million. I have adolescents
one thirty four million. That's only after sixty days. It's
a hot hit. Season four of Stranger Things number four

(01:28:07):
at one hundred and forty one million. Number three. Season
two of Squid Game one hundred and ninety two million.
People Still in a lot of people, is it? When
you think about it. In the world, there was eight
billion people in the world, and like ten percent of
eight billion is eight hundred million, so it's about two
percent of the population. Ninety eight percent of people never

(01:28:27):
saw this. I'm literally wasting my time. Ninety eight percent
of people and never seen them. Number two is Wednesday.
Not only did I've never even heard of it? Two
hundred and fifty two million. Wednesday is the sequel Thursday?
Or is that adad Joe?

Speaker 18 (01:28:39):
No, you know Wednesday from the Adams Family.

Speaker 2 (01:28:43):
Oh her, she had her own show, Yes, Oh, for
goodness sake and the number one of all time. It's
sort of a down seeing the season everything of Squid
Game was somewhere else. Season one of Squid Game was
the Vegas three round and sixty five million was Wednesday
in the squad Game.

Speaker 18 (01:28:57):
No, well, we don't know yet. Season three is not yet.
Maybe she's in that, maybe they've done a colla. Did
Wednesday die or if she already did and come back
to life.

Speaker 2 (01:29:06):
Did Wednesday make it to Thursday? And that's where it ends? Folks?
Happy Days.

Speaker 1 (01:29:13):
For more from the Mic Asking Breakfast, listen live to
news talks that'd be from six am weekdays, or follow
the podcast on iHeartRadio
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