Full Show Podcast: 21 January 2025

On the Mike Hosking Breakfast Full Show Podcast for Tuesday 21st of January, it's Inauguration Day for Trump and The Spectator’s Amber Duke joined out of Washington D.C. to give the latest.   

The Prime Minister is back in the hot seat for his regular Tuesday interview and talks about how he wants to get this struggling economy of ours humming. 

Kiwi singer Bic Runga is touring with the Greenstone Summer Tour, joining for a chat and giving a hint towards future music projects. 

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

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Episode Transcript

Speaker 1 (00:00):
New Zealand's home for trusted news and views. Ryan Bridge
follow Mike Hosking Breakfast with the range. Row of the
law designed to intrigue and use.

Speaker 2 (00:10):
Told b I, Donald John Trump, do solemnly swear I.

Speaker 3 (00:30):
Donald John Trump, who solemnly swear that.

Speaker 4 (00:33):
I will faithfully execute.

Speaker 3 (00:35):
That I will faithfully execute.

Speaker 5 (00:37):
The office of President of the United States.

Speaker 3 (00:40):
The office of President of the United States.

Speaker 6 (00:43):
And will to the best of my ability, and will,
to the best of my ability.

Speaker 3 (00:48):
Preserve, protect and defend, deserve, protect, and defend the Constitution
of the United States, the Constitution of the United States.
So help me, God, So help me God. Congratulations particularly.

Speaker 7 (01:03):
And just like that, Donald J. Trump has become the
forty seventh President of the United States. This has just
happened in the last couple of minutes. He has taken
the declaration, he has taken the oath on Capitol Hell,
He's shaken Biden's hand.

Speaker 8 (01:18):
Carmala Harris is there, she's smiling, she's given a wave,
she's shaken his hand to the transfer of power has
happened in the United States, and we'll have more on
that throughout the show this morning.

Speaker 7 (01:28):
Also, whether he's going to send troops to the border
with Mexico to build the wall. Apparently that is a
live issue. We're also talking to the Prime Minister after
seven thirty this morning, company liquidations on the agenda, Catherine
Field and France and Rod Little in the UK brech
eight after six News talks. He'd be another ozempic story
out this morning. Now that's the fat to skinny drug

(01:50):
that the Real Housewives are taking in Beverly Hills. And
you know they get the skinny ozempic face. Anyway. We
just love a quick solution to all of our problems,
don't we. And there's new research out this morning. It's
basically saying they've looked at two million people. It is
the wonder drug that it says it is. It does
what it says on the label. It will help people
shed loads of weight and the net benefit is basically

(02:14):
worth it. Have you ever wondered how we got so fat?
We are massive, and I'm not just talking about New Zealand.
I'm talking about most of the western world. We are
bulging at the seams. If you've been to the mall
lately you would have seen this. Everywhere. We're buying five
xl jeens and tense sized T shirts. We're a funny
little species, aren't we. We get rid of poverty and
we start gorging ourselves to death. Literally, for the first

(02:38):
time in modern history, life expectancy in the developed world
is going backwards. Now, there are some people with medical conditions,
they've got thyroid issues, taking certain medications, who can't help
their weight. But for the vast majority of us who've
ballooned in size over the past forty odd years, what
is the excuse exactly? It's not evil fast food giants.

(03:00):
It's self control. We're through self control in the bin.
We banished it as a concept, and we blamed everybody
but ourselves. And now, instead of relearning that long forgotten art,
we have a magic injection. While ah a zimpac will
solve all of our problems, and maybe, given the starter
out today, it actually will. Everyone wants a quick fix.

(03:21):
Everything has to happen. Now, you've got your uber eates
coming in five minutes. Where is it? The world is
a click away, You've got instant gratification at the skull
of a thumb. Is everything so easy in life? And
should it be?

Speaker 9 (03:35):
If?

Speaker 7 (03:36):
How will we learn? How will we evolve? How will
we advance as a species. If it is, I suppose
you could argue the fact that we've created such a
revolutionary weight loss druggers proof we are advancing, But creating
a drug to fix an obesity problem that we also
created hardly seems advanced. And in the long run, the quick,
easy solution isn't always the best one.

Speaker 9 (03:58):
Is it?

Speaker 2 (04:01):
News of the world in ninety seconds.

Speaker 7 (04:04):
As we've been saying, the big day has arrived. No
one more excited about this than singer Lee Greenwood.

Speaker 10 (04:10):
And it could have been outside.

Speaker 11 (04:11):
It's a little chilly ear not terrible. I mean it's
cold in Tennessee, where we have two So we're waiting
the president's arrival and I will sing for him before
he signs his document that makes him the forty seventh
president of the United States.

Speaker 7 (04:25):
Trump's former pre secretary, Kayla mcinanney, has an insight into
have it will go down.

Speaker 12 (04:30):
He creates moments, and we saw that on the campaign
trail with the garbage truck. We saw that with the
Madison Square Garden rally, and now we're going to see
it today and I think he wants to send a
message today. I am doing my second term big and bold.

Speaker 7 (04:47):
Yes, he certainly started off that way, didn't they and
the Tic pros, well, that will turned up.

Speaker 5 (04:51):
We have Tim Cook, Mark Zuckerberg, I think I believe
that was his wife there walking in, and Priscilla Channis
his wife. We have Jeff Bezos and his soon to
be wife, Lauren Sanchez, So that's also been a part
of this story.

Speaker 7 (05:06):
Away from the inauguration, but still with Trump, Palestine worried
what his presidency will mean for them.

Speaker 13 (05:11):
The whole group of his new administration on the isshoe
of Palistine are totally biased and to Israeli views, and
that is dangerous when you have a fascist government in Israel.

Speaker 7 (05:23):
What about the man himself, Well, he's already in fine form.

Speaker 6 (05:26):
This week we achieved an epic She's Fire agreement as
a first step forward lasting peace in.

Speaker 2 (05:32):
The Middle East.

Speaker 6 (05:36):
And this agreement could only have happened as a result
of our historic victory in November.

Speaker 7 (05:41):
And that is your news of the world in ninety seconds,
just gone twelve after six Now very interesting what Biden
has done in the last gasps of his presidency, literally
the last minutes before they hand it over. He has
issued some preemptive pardons and you would have already heard
earlier in the last hour about Faultchi, you know, the

(06:02):
COVID doctor, the jan six committee members. Well, what he's
done and snuck through in the last minutes is his brother, Well,
his two brothers, James and Frank, his sister Valerie, and
all of their spouses have been given preemptive pardons. And
you have to ask the question for what what are
they being part and preemptively pardoned for? What Henu's crimes

(06:23):
have they committed. Apparently there was some potential issue around
the brothers with Lyne to Congress about the Biden Hunter
Biden thing, But there you go. He has used his
last moments of his presidency to basically give a free
pass to his brothers and sisters to the rest of
his family after doing his son Hunter thirteen minutes after

(06:43):
six News Talks Be Business next.

Speaker 1 (06:47):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, Power
by News talksb.

Speaker 7 (06:53):
News Talks heb sixteen after six. So, if you're just
joining us, the inauguration is happening right now. Donald Trump
is returned to the White House and he is apparently
going to be sending troops to the border with Mexico
to help start building and constructing a wall there. We're
going to talk to our reporter out of Washington, d C.
After seven this morning, Briggs Meders with US Deven Funds Management. Greg.

(07:21):
Good morning to you. Good morning right now, let's start
with the US markets obviously closed today, Martin Luther King
a day in the United States, but investors already digesting
some of those implications of those executive orders that he's
getting through.

Speaker 14 (07:34):
Yeah, they certainly are.

Speaker 15 (07:35):
So.

Speaker 14 (07:36):
Yeah, the markets are closed in terms of the US,
but hey, European markets are pushing higher, and you've got
the futures trading that they're pointing higher as well. So
I guess we'll see see tomorrow when they're when they reopen.
But obviously, market reaction following the election result more recently
leading up to thermalation has been positive. I guess the
key thing for markets might be the unpredictability of the right,

(07:58):
and if the pre party anything to go by, there
could be a bit of that. You know, the village
people bang out YMCA and dancing alongside Trump. It's going
to be a interesting for market perspective, but only at
the moment.

Speaker 4 (08:09):
Yeah, they're looking.

Speaker 14 (08:10):
Obviously investors are looking at the pro business aspects, you know,
lower regulation, lower taxes, and it's obviously we're remembering the
stock market did quite well under Trump last time around.
Actual one thing just looking at the ceremony as well.
I know he's not wearing as a red typhon once
bipartisan purple, so maybe that's.

Speaker 7 (08:27):
A new era there.

Speaker 14 (08:27):
But speech is underway and it's down the business, isn't
it with these executive orders, So I think that's going
to be something that investors are looking at. He said
he's going to sign up to a record a record number,
perhaps more than one hundred. And you look at what
he did in his first year. He did fifty five
in total, so he's going to be going pretty hard then.
And Biden he did just seventeen in the hours after

(08:48):
he took the oath. But as already suggestions, he might
have to get busy, and the idea that he's a
lane duck present potentially obviously one term and he might
struggle to get much through after the mid terms in
two years time. So yeah, we know what he's going
to be focused on. Immigration that'll be won. They have
said there's a no price tag with this and you've
mentioned the troops on the border. I think the cost
of his policies will be something that investors look at

(09:10):
at some point, perhaps for another day, because he's also
looking to increase tariffs. It'll be just interesting to see
how far he goes here, whether he invokes sort of
special powers, or whether he waters it down a bit.
You I suppose we can look at the reaction the
currency markets. At the moment, the US dollars down over
one percent. He's looking at deregulating sectors, of course, including cryptos.
Seeing MILANIUS, she's launched her own cryptos as Trump, and

(09:33):
he wants to make the US the bitcoin capital of
the world. So just on that note, bitcoin overnight had
a record high around one hundred and ten thousand US
And I think another big one for markets Ryan will
be the US all and gas industry. And part of
his promises to usher in a new era of American
energy dominance, so you expect that'll be in his.

Speaker 7 (09:52):
First day executive orders.

Speaker 14 (09:54):
But he also wants to roll back Biden's climate change initiatives.
So yeah, potentially good friendge companies, potentially not so good
for renewables. And I know it also there's a few
of the big tech execs. You've got Zuckerberg thereous he's
got to take in a shining into our eyes. It
will also linked that to the need for energy, saying
that lots of powers needed, We need lots of power plants.

(10:16):
And you see in the last few days that youth
needs to double the energy that currently has. There's implications
for energy markets. But yeah, the initial stages of his
presidency look to be action packs.

Speaker 7 (10:27):
So yeah, buckle up. Yeah, interesting one because obviously he's
so hard to predict, which makes it difficult for markets
to try and work out exactly what he's going to do.
What's a bargaining chip and what's real looks like it's
going to be a big year for merger and acquisitions.
We've already seen plenty of chat around a couple of
big players here, right, Yeah.

Speaker 14 (10:44):
That's right, that's what we have predictions for this year.
So we're talking about I suppose a soft landing for
the for the global economy, or suppose the cliche at
the moment there's no landing, but also boring costs coming down. Now,
it's early days, but we have seen some chat already.
So so you look at Rio Chinda, that's a big
miner held talks with Glencore. Evidently that would be a
huge deal. That would be north of two hundred and

(11:05):
fifty billion US dollars, the combined group with eclipsed PHPs,
the world's largest mining group. These two had talks a
couple of years years ago. Oh sorry, around a decade ago. Sorry,
but that was more about iron. All the driving forces
time around could be copper. Between them, they produced one
point eight million tons of the stuff, seercent of global
copper supply. And we know about the transition and coppers

(11:27):
of vital metal used in powering evs, wind turbines, solar
panels and the like. Even though Trump is view clear
on some of these things, and meanwe it's quite a
challenge to get new ones of scale and was also
seeing activity elsewhere also across the Tasman we've got private
equity firms there locked in a three billion dollar bidding
war for Financial Services Group in Signia, and then there's
New Zealand.

Speaker 7 (11:48):
It was pretty quite down to the markets.

Speaker 14 (11:49):
You stayed, but we've had an announcement regarding Millennium and
cop Thorn Hotels and there Singapore based CD AlSi is
the majority owner. They want to They proposed to full
takeover twenty four percent of the company that it doesn't own,
and there was actually a twenty five percent premium to
this to Friday's closing price. The company said told shed

(12:10):
I was to sit tight and they're looking at it.
He got an independent evaluation committee to look at. But yeah, hotels,
of course, stuff that during COVID and all costs are
going up and Millenium Copthorn and they've got a big
refurbishment program underway. But she is in the hotel group.
They saw nineteen percent. It's a buy buyers market seeds Ryan,
I just wonder, you know, with the currency where it
is affected in New Zealand, companies are on sale to

(12:31):
overseas primis, So yeah, we might see more names depart
the ins.

Speaker 7 (12:34):
Oft exp all right, Greg, quick numbers from you, okay.

Speaker 14 (12:37):
So quickly down there. Think it needs to be five
hundred all closed. But across the Atlantic, the fifty one
hundred was up point one eight percent, stocks fifteen, Europe
was up point three percent, Nico and Japan was up
one point two percent. Hang thing in Asia that rallied
one point eight percent. A SX two hundred across the
testment up half percent, injects fifty down point three percent,
gold up five dollars two thousand and seven and eight
ounce oil down a dollar thirty seventy six spot fifty

(12:59):
nine a barrel for t I. And in the currency markets,
the age OLI this is the key. We were up
point two percent ninety point four stealing up point two
percent forty six even.

Speaker 7 (13:09):
But yeah, the big moves and.

Speaker 14 (13:10):
The US dollar and around Trump so key against the
US up one point two percent fifty six point five.

Speaker 7 (13:15):
All right, thanks so much for that, Greg Smith doing
the business for us this morning. Trump, Well, he's back
in the White House. He's delivering as an augle address.
We'll have some of that for you next the.

Speaker 1 (13:25):
Mike Asking Breakfast Full Show podcast on iHeartRadio powered by
News Talks.

Speaker 7 (13:30):
B twenty five minutes after six News Talks, there'd be
already a lawsuit coming the way of Elon Musk under
Donald Trump. Right now, time for trending.

Speaker 1 (13:38):
Trending now Will Kimmer Square House and your home of
summer essentials.

Speaker 7 (13:43):
So he's just delivering at the moment as we speak,
his comments as after being sworn and declaring himself the
President of the United States. Here's what he had to say.

Speaker 6 (13:53):
Over the past eight years, I have been tested and
challenged more than any president in our two hundred and
fifty year history, and I've learned a lot along the way.
The journey to reclaim our republic has not been an
easy one, that I can tell you. Those who wish
to stop our cause have tried to take my freedom

(14:16):
and indeed to take my life just a few months
ago in a beautiful Pennsylvania field and assassin's bullet ripped
through my ear. But I felt then, and believe even
more so now, that my life was saved for a reason.
I was saved by God to make America great again.

Speaker 2 (14:45):
There you go.

Speaker 7 (14:46):
There is the forty seventh President of the United States,
Donald Trump. He's delivering an address on Capitol Hill. He
is declaring an emergency at the southern border. We'll talk
to our report about that upter seven o'clock. Also, we're
going to get the Prime Minister. Christoph lat'son on the show.
Up sid Duty asked him what he reckons about today's events.

Speaker 2 (15:12):
Setting the agenda and talking the big issues.

Speaker 1 (15:15):
Ryan Bridge on the mic hosting Breakfast with Bailey's real
estate finding the buyers.

Speaker 2 (15:20):
Others can't use talksad B.

Speaker 7 (15:22):
Did a good morning. Great to have your company, twenty
three minutes away from seven on news Talk, said be
Catherine Field out of France in just a few moments.
How the EU is gearing up for a Trump presidency.
He's been speaking, by the way, sounded quite presidential at
the beginning, but it's devolved after that.

Speaker 6 (15:36):
A short time from now, we are going to be
changing the name of the Gulf of Mexico to the
Gulf of America, and we will restore the name of
a great president, William McKinley to Mount McKinley, where it
should be and where it belongs.

Speaker 7 (15:56):
He's also unexpectedly announced plans for the Panama Canal.

Speaker 6 (16:01):
Shana is operating the Panama Canal, and we didn't give
it to China.

Speaker 7 (16:06):
We gave it to Panama and we're taking it back,
hoping that's metaphorical. And then guess where we're going right
after that, and.

Speaker 6 (16:18):
We will pursue our manifest Destiny into the Stars, launching
American astronauts to plant the stars and stripes on the
planet Mars.

Speaker 7 (16:31):
A little real time active twenty two minutes away from
seven News Talks they'd be back here on Earth. Seek
has released their employment report from December. Job ads down
two percent, number of people applying for jobs down two percent.
Rod Clark's seat Country Manager. Good morning, Rob, It's good
to have you on the show. Let's start with the

(16:53):
numbers and how consumed we should be about them. Isn't December?
Wouldn't it be typically a bad month for job ads?
Being the did it? Anyway?

Speaker 10 (17:01):
It is a slower period, but it's secondly adjusted. So
what we saw in December was a two percent decline,
which all set the games that we saw in November,
which was a two percent increase. So we're really pretty
volatile at the moment.

Speaker 7 (17:15):
The annual drop was twenty two percent, right, has that
been slowing or you know, have you seen a trend
in the longer term a little bit?

Speaker 10 (17:24):
So since June we've seen our job at volumes declimbed
by just one percent, but certainly at the start of
twenty twenty four we saw pretty significant fall. So we
sort of feel like we're hit the bottom and we're
bouncing along it, but we're not seeing a ton of
green shoots.

Speaker 7 (17:39):
Just at the moment, where are you better off being
in New Zealand if you're looking for a job at
the moment, and the centers and the rurally whereabouts.

Speaker 10 (17:47):
Well, look, most of the jobs are always in the centers.
But when we look at the performance of you know,
sort of the regions versus the main urban centers, we're
certainly seeing some of the smaller regions.

Speaker 16 (17:59):
Reform very well.

Speaker 10 (18:01):
So let's take Otago that's performed really well in twenty
twenty four, only down eight percent versus let's say Auckland
twenty five percent, and Taranaki has performed extremely well. So
they were pretty much flat throughout twenty twenty four. The
main centers in December, for example, Wellington, Canterbury, Auckland down
between three and five percent.

Speaker 7 (18:20):
Any industry is showing signs of growth that you want
to mention.

Speaker 10 (18:24):
Well, look, banking and finance has had a good run recently,
but unfortunately, you know, the declines are pretty much across
the board. Of course, you'll get certain roles that are
in high demand, you know, some of the specialist areas
and engineering, you know, cybersecurity and some of those types
of roles, but the broad rolls across let's say, Trades

(18:45):
and Services office, and admin advertising media found it pretty
tough in the last three while.

Speaker 7 (18:51):
Yeah, it sounds like and just finally the fact that
we've got you know, a number of people applying for
jobs also down, is that kind of offset things?

Speaker 17 (19:00):
Not really?

Speaker 10 (19:00):
I mean the real story there is the number of
applications is record high's relative to the number of jobs available.
So what that means is for job seekers it's really competitive.
You know, a lot of employers are spoiled for choice
at the moment in terms of you know, who they
can pick because the number of applicants is just so high.
So it's really important for job seekers to make sure

(19:22):
they put the best foot forward.

Speaker 7 (19:24):
Thanks so much, Rob, Rob Clark seek country manager with
the latest numbers from December on job ads just gone
nineteen minutes away from seven on News Talk SeeDB and
over in Brussels, they've all got the hebgb's about Trump
trying to figure out exactly what they're going to do
with the Trump presidency. We're going to check in with
Catherine Field out of France.

Speaker 1 (19:40):
Next the Mike Hosking Breakfast Full Show podcast on iHeartRadio
car it by News Talk.

Speaker 7 (19:47):
Set B seventeen away from seven News talk, said b
Carry Underwood over in the United States on Capitol Hill
has just sung America the Beautiful and Trump has declared
it a new golden age for the United States. Is
an auguration taking place today coming up after seven thirty.
The Prime Minister is with us. Just a question for you,
why are we subsidizing to the tune of four hundred
thousand dollars an e bike company that's fallen over gone

(20:09):
tips up in Totong And we'll ask the Prime Minister
about that.

Speaker 18 (20:12):
International correspondence with Ends and Eye Insurance, Peace of mind
for New Zealand business.

Speaker 7 (20:18):
Catherine build Our, France correspondent. Good morning to Catherine. Good morning, Ryan,
lovely to have you on. Let's talk trade. Can the
EU escape Trump's tariffs?

Speaker 19 (20:28):
They're hoping, but preparing for the worst. I mean, just
look at the trade that the two countries do. The
US is the EU's largest trading partner. We're looking at
a trading range of about one point two trillion euros
between the two countries. However, here's the big thing, Ryan's

(20:48):
there's an imbalance. The EU imports from the US about
three hundred and forty six billion euros worth of goods
but they export to the US some five hundred and
two billions soting kickback on that. What they are saying
it is they will put in place other sorts of
At the moment they're calling it sort of character and

(21:10):
stick type things. But they say they will retaliate if possible.
Wherever possible, they'll put in their own tariffs. They say
there is the mechanism for increasing tariffs, so.

Speaker 2 (21:23):
That will all go back.

Speaker 19 (21:26):
And there are more, what they say, tools in the toolbox,
but for the moment they're holding their breath. I mean,
just within the last few hours, the EU Finance Ministry
put out a statement, not responding to the threat so far,
but calling the EU and the US strategic partners and

(21:46):
hoping that in this current geopolitical situation right now, that
Western democracies can work together. So everything is that they're
ready if retaliation is needed, but hoping it won't be.

Speaker 7 (21:59):
They'll be worried about it. Biden conquer from the White House, though,
won't they. I mean that that'll be his strategy, surely.
And we know he doesn't like outfits like the UN,
and he thinks NATO's a bit weak, and no one's
contributing et cetera. Have they got a plan to work together, Well, they.

Speaker 19 (22:14):
Already have the EU, they already work together in NATO,
and don't forget NATO has other sorts of smaller groupings
than there. But you're quite right, they do have a plan,
but nothing's been put in place because they've been talking
about it for so long. What they're talking about, Ryan
is finding a sort of a middle way somewhere between

(22:37):
what is known as strategic independence and what they've got
at the moment, which is over end of dependence on
foreign parties and other partners. So they're going to have
to find some sort of you know, strategic structure whereby
they keep the US happy, go along with it, make
it really realizing that it has a dominant role, things

(23:00):
like the you within NATO, but also this realization that
they cannot rely on the US anymore. And well aware
of course that Trump and a Trump adminstration doesn't want
to talk to these sort of what they describe as
regional initiatives, the European Union, stuff like that, and they're

(23:21):
aware that he will want to weaken those relationships so
as they can have a more bilateral level relationship. So
there is an acknowledgment that we're in for a rocky ride,
I think is probably the kindest way to say it.

Speaker 7 (23:37):
Yeah, I think that is a plant where putting it, Catherine,
Thank you very much for that. Obviously there's the Russia
Ukraine War as well and where the tab gets picked
up that But probably to your point at this point,
no one really knows, but I guess preparing for the
worst as they are with trade. Just gone thirteen minutes
away from seven. Thank you very much, Catherine Field, our
France correspondent. You're a news talk said B. Coming up

(23:58):
after seven, We're going to DC for the inauguration. We're
also going to talk about company liquidations in New Zealander.
You would have seen in the news it's a ten
year high. Is that really inaccurate way of putting it?
We'll ask that after seven.

Speaker 1 (24:11):
Ryan Bridge on the mic hosting Breakfast with the Range
Rover Villa News Talks Dead B.

Speaker 7 (24:17):
It is nine away from seven, News Talks, THEB the
Trump inauguration happening. These were his final comments to the
American people.

Speaker 6 (24:25):
America will be respected again and admired again, including by
people of religion, faith and goodwill.

Speaker 3 (24:33):
We will be prosperous.

Speaker 6 (24:35):
We will be proud, we will be strong, and we
will win like never before. We will not be conquered,
we will not be intimidated, we will not be broken,
and we will not fail. From this day on, the
United States of America will be a free, sovereign and
independent nation. We will stand bravely, we will live proudly,

(24:59):
we will dream boldly, and nothing will stand in our way.
Because we are Americans. The futures ares and our golden
age has just begun. Thank you God, bless America, Thank
you all, Thank you.

Speaker 7 (25:16):
Then you have it for the forty seventh President of
the United States, and this is Carrie Underwood, America the beautiful.
She caught a lot of flack for agreeing to do this,
by the way, at eight minutes away from simy' caught
a lot of flack, But I mean, who really cares

(25:36):
at this point. Biden's there, Why shouldn't carry Underwood be there.
It's a big day for them, a really long day.
I had to look at the schedule this morning, so
there's the before they even get up and have breakfast.
So basically at church, there's the cup of tea with
Joe and Jill at the White House. You've got your
swearing in ceremony inside the Capitol road tunder which has

(25:58):
just happened. So you've got your church, you got your tea,
you got your swearing in, Then you've got your inaugural address.
Then you got your your farewell to former President Joe Biden.
Then you've got your signing ceremony. And that's all before lunch.
The inaugural lunch is happening later. Then you've got your
inspecting of the troops. Then you've got your marching of
your bands, and then you've got your oval office ceremony.

(26:19):
And you think at this point you can sit down
and relax. You're the president, for God's sex. No, then
you've got the balls, three of them, and you've got
to go watch Nelly rap. Honestly, I mean I'm tired
reading it.

Speaker 20 (26:34):
And then you've got to go to Mars, and you've
got to take Panama Canal back and go to rename
the Gulf of Mexico.

Speaker 7 (26:41):
Sending troops to the southern border. It's been a busy
day for a seveny eight year old man. I would
be going down and putting my feet up now if
I was him. It is seven away from seven.

Speaker 9 (26:51):
The in and the ouse.

Speaker 1 (26:52):
It's the fizz with business favor take your business productivity
to the next level.

Speaker 7 (26:58):
So we've got some news for the housing market you
to kick off the year, and spoiler alert's not good.
We've got the latest qv housing data which looked at
the final quarter of twenty twenty four average house price
at the end of the year nine hundred and two
thousand dollars, which was down point three percents less than
the start of the year, so overall, not a huge
change in the average betweenty twenty four. However, it is

(27:21):
fifteen percent fifteen percent below the market peak of October
twenty twenty one, so we've come way off our COVID peak.
In fact, everywhere is down and way down. The worst
place Wellington, your house price is down twenty three percent
from the peak. That's from one point zero nine to
eight hundred and forty one thousand. That's a massive drop.

(27:42):
Why Takuri Papacuda where the only other two digits with
over twenty percent drops in house market value. Orkan City
down nineteen point three percent, with the average value dropping
from one point seven three million to one point four million. Meanwhile,
the entire Augand region down nineteen point two percent, with
an average now one point two four million. Outside of
Auckland and Wellington. What we got Hamilton down fourteen point

(28:04):
one to an average of seven eighty nine, totaling a
down fifteen point eight to set it just over a
mill did'needen down eleven for an average of six forty five.
Christ Church was considered the golden child of the housing
market betweeny twenty four, but even they felt although it
was only really a fraction of the other's single digits,
at a negative four point four percent for an average

(28:25):
value of seven hundred and sixty six thousand, Which is
to say, we all feel poorer, don't we, because that's
our biggest asset. You know, we're not investing in cryptocurrencies
or launching our own cryptocurrencies as the Trumps have done
and the lead up to this inauguration today. So that's
why we're all feeling so poor. Inflation, by the way,

(28:45):
we've got inflation data coming out tomorrow at ten forty five.
We'll get another rate cut next month. The economists reckon
that for December. This is the number that's coming tomorrow,
the December quarter that will get down to about two
point one percent annual. That's for December. International air fears
driving up the inflation rate towards the end of last year.
They reckon, So we should get a rate cut of

(29:08):
fifty basis points next month. After the longest summer break
in reserve bank history, I think no other reserve central
bank in the world has a summer hiatus as long
as New Zealand's. I mean, it's almost as long as
Mike Hoskings holiday at this point, isn't it. How long
has he been gone? And he winters about productivity.

Speaker 15 (29:27):
Huh?

Speaker 7 (29:28):
Well, in fact, that's probably a problem for the country
as a whole. No one comes back to work till
after White Tongy, don't do they except for us? Sods? Glenn,
it's wrong with us for Away from seven His Talks,
hed b Y.

Speaker 21 (29:44):
Hes on.

Speaker 9 (29:50):
Round Wait.

Speaker 2 (29:56):
Fromsty to Shut.

Speaker 1 (30:11):
The Breakfast Show, Kiwi's Trust to Stay in the Know,
Ryan Bridge on the Mic Hosking Breakfast with al Vida, Retirement, Communities, Life,
Your Way, News talksadv.

Speaker 7 (30:23):
Who's Back Baby. Donald Trump has become the forty seventh
President of the United States. The seventy eight year old
took office for the second time in the last hour.

Speaker 6 (30:37):
Under the orders I signed today, we will also be
designating the Cartels as foreign terrorist organizations.

Speaker 7 (30:55):
He had a lot to say in his addressed to
the American people, and Amber Duk is with us the
spectators Washington Edita in DC to break down exactly what
he said. And but good morning to your me. I'd
great to have you on. So you're going to mas
renaming the Gulf of Mexico. What else did we get
out of this speech?

Speaker 22 (31:15):
Well, look, it was a very policy forward speech, which
is pretty atypical for an inauguration speech. Typically, and the
new president will lay out sort of his vision for America.
He will usually offer some more generic platitudes, so to speak,
about how he views the country and what he hopes

(31:35):
to achieve in the next four years. But Trump was
very explicit about his plans. He promised to on day
one reintroduce policies like remain in Mexico on the border,
declaring a state of emergency, declaring the Cartels a foreign
terrorist organization, as well as ending pets and release policies,

(31:57):
and also promising to Unleashamara and energy. As he puts it,
drill Baby drill, and then on questions of culture, talking
about an executive order he plans to sign that would
essentially enshrine biological reality of male versus female to prevent
transgender ideology from being entrenched in the federal government. So

(32:21):
it was really a historical his speech really in just
how detailed and specific he got about his policy priorities
on his first daid in office.

Speaker 7 (32:31):
And I guess that's an indication of just how he's
not here to waste time, He's not here to mic around.
He's getting stuck in from day dot right. But what
about the declaring a national emergency at the southern border,
what exactly does that mean?

Speaker 22 (32:45):
Well, that will allow him to mobilize military forces if needed,
to go down to the southern border and assist customs
in border patrol as well as immigrations and custom enforcement
with a combination of border security and carrying out his
mass deportation plans.

Speaker 7 (33:03):
Joe Biden obviously was saying farewell to him in the
next couple of hours. Did they talk publicly together? Was
there any indication of the relationship today.

Speaker 22 (33:12):
They did not speak publicly together today, although both seem
to be in good spirits. Joe Biden in the past
has said that he had a good conversation with Trump
after his election back in November, and that he sent
him a letter talking to him about what he has
done in office and what he hopes Trump will do,
But he did not give any specifics about what was

(33:34):
actually in that letter. But what was most interesting about
Biden's final hours in office is that he decided to
sign multiple sweeping pardons, some of who some of which
were for individuals that he believes Trump would potentially, in
his words, weaponize the Department of Justice against, including Liz
Cheney and Anthony Fauci, and then also provided pardons for

(33:58):
several of his family members, including James Biden, who has
been accused of being involved in corrupt business practices with
his son Hunter.

Speaker 7 (34:05):
Which is that not an indication? I mean, he got
so much flex for doing Hunter, and then he turns
around in the last gasps of his presidency and preemptively
partns his brothers and sisters. Does that not imply that
they did do something wrong?

Speaker 22 (34:18):
It does imply that. And that's really the problem is
that Biden has simultaneously given more fodder for critics of
his family's business practices while also basically giving a free
pass to Trump to pardon whoever he thinks appropriate. There's
been a lot of criticism of which January six participants
Trump might pardon, and his allies are now going to

(34:40):
take Biden's decision to pardon his family members as a
free reign to pardon every single January sixth participant, whether
violent or nonviolent, because the line has been crossed.

Speaker 7 (34:54):
And but just finally, Trump said he's going to rename
the Gulf of Mexico the Gulf of America. Denial, He's
going to rename him McKinley.

Speaker 4 (35:01):
Can he actually do that?

Speaker 7 (35:03):
Does Can he just redraw the map, rewrite the map?

Speaker 22 (35:06):
I believe he can do it for Denali or Mount McKinley,
But the Golf of Mexico or Golf of America would
obviously have to be accepted by Mexico as well. So
we could end up with a situation where you have
different countries calling it different things. But you know, that
wouldn't be the first time that's happened. There's certainly other

(35:27):
places around the world where countries called them different things.

Speaker 15 (35:30):
So but we'll see what happens.

Speaker 7 (35:33):
And but thank you very much for that excellent reporting
is always Amber Duke, the Spectators Washington editor in DC.
Just gone twelve after seven Ryan Bridge company liquidations, you
would have seen this. They've hit a ten year high.
Two and a half thousand businesses went under last year,
seven hundred more than twenty twenty three, and until consumer
confidence burst back into the scene, it's expected to continue.
Brian Williams of BW and BWA Insolvency is with us

(35:55):
this morning. Brian, good morning, Ryan, good morning. Is this
as bad as it looks calling it the worst and
ten year high?

Speaker 23 (36:03):
Well, I don't think it's as bad as the GFC.
I wonder whether what might change the future though, is
your conversation with your previous interviewer and how the geopolitical
environment will alter and how it will impact on New
Zealanders and the New Zealand economy.

Speaker 7 (36:18):
And that's going to be a big determinant going forward.
What about the IID have apparently been cracking down on
prosecutions on liquidating companies who aren't paying taxes. Is that
had an effect?

Speaker 23 (36:30):
Definitely? I think that's one of the drivers of the
volume of the liquidations today. The IIDA appears to have
a policy of either pay or die, and if you
can't pay, you shouldn't survive.

Speaker 21 (36:42):
And I think that's really appropriate.

Speaker 23 (36:44):
Quite honestly. Companies have for many, many years in some
instances and not met their obligations to the commissioner, and
they need to either pay it, make arrangements, or they
can't continue. And I think that so what we're seeing
today statistically is the idea saying, well, we've lost patients

(37:05):
and we're going to make that decision for you.

Speaker 7 (37:09):
It's heartbreaking in a lot of ways because for a
lot of these companies, they will be hard working, you know,
fastidious people who are doing all the right things, but
just not getting ahead. If you are on the edge
right now and you've chewed through your equity, you've chewed
through your cash, it could still be a long time,
could still be six months to a year before some
kind of spending sugar hit comes to save you.

Speaker 23 (37:30):
Right well, I don't think it's going to come quickly.
And one of the problems is the expenses that have
increased across the last two or three years have taken
out much of the gross profit that companies are earning.
And secondly, weather's been a shortfall of liquidity they've borrowed
money and tear lenders have fed into that. So with

(37:52):
punitive interest rates, that's just soaking up whatever gross profit
they are going to be earning in the future, which
is again at staffed by the lack of disposal income.
Now that will change as interest rates go down, But
I suspect that many people on the economy, and the
economy is the aggregate of all of those participants. Individuals

(38:13):
will consolidate their affairs and just take a breeder, have
a cup of sea for a while and see what
the future may bring.

Speaker 7 (38:20):
Brian, Thank you, Brian Williams, BWE and BWA Insolvency disc
on quarter past seven News Talks. Thereb coming up next.
You know we've got a problem with our pipes and
how much they're leaking. We'll tell you just how much next.

Speaker 1 (38:32):
The Like Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 7 (38:38):
Atb seventeen after seven News Talks theb New Zealand's water
leakage problem. We know we've got one. Turns out it's
far worse than what we had anticipated. New research suggests
one hundred and twenty two million bucks worth of the
stuff as being lost from our pipes each year. The
worst European countries have leakage rates of final six percent,
ours twenty two percent. Nick Wilson, University of Otago, Professor

(38:59):
of Public Health, Neck, Good morning, Neck, good morning. Can
you hear me?

Speaker 17 (39:05):
Yes?

Speaker 7 (39:05):
Good to have you on. Is it as bad as
it sounds?

Speaker 17 (39:10):
It's pretty bad when we do these international comparisons, and
the value of doing international comparisons really highlights what can
be done when a country actually invests properly in its infrastructure. So, yeah,
we're at twenty two percent of our pipe water leaking,
compared to Netherlands at five percent, Germany at six percent,

(39:33):
and lower rates in Australia and various parts of the
US as well. A terrible waste that Well, when we
compared a leakage index number, they were just over one,
whereas we were two point seven. So twice is better.

Speaker 7 (39:52):
Yeah, So basically we're just not fixing our pipes like
they do in Europe.

Speaker 17 (39:58):
Yes, we're not investing in the long we've got a
network of very aging pipes which are leaking and breaking.
And that's actually from a public health perspective that's concerned
because defects and pipes can increase the risk of disease outbreaks.

Speaker 7 (40:15):
All right, so we know what we need to do
to fix that. But obviously we've got a whole bunch
of reasons why we dined, including funding of our local governments, etc.
Is there anything new or brilliant that you have found
that might help us.

Speaker 17 (40:30):
No, you're right that it is really an investment and
funding issue. But actually one of the new things was
there's been big advances in technology for detecting leaks, various
acoustic systems inside pipes and above pipes with GPS monitoring,
So we've got the technology to actually identify leaks and

(40:54):
that's really been a big improvement. But also water measuring.
We've got more and more evident now that water metering
is an important part of the solution. It helps detect
the leaks and it makes people more conscious off the
value of water.

Speaker 7 (41:11):
All right, Nick, thank you so much for that. Nick Wilson,
Professor of Public Health at the University of Otago. During
that interview, we probably lost dardono let's say, two hundred
thousand liters of water as we were talking. Just gone
twenty after seven. News Talk said be more on Trump next.

Speaker 1 (41:26):
The Mike asking Breakfast Full Show podcast on iHeartRadio powered
by News Talk SEB.

Speaker 7 (41:34):
So He's back. Trump is back in the White House.
It's official, and behind the pomp and ceremony are lessons
for politicians on the left here and around the world.
Labeling your opponent a racist, a Nazi, an extremist, homophobe, sexist,
anti trans a threat to democracy, a tyrant, remember that one.
A sexist, Well, they won't win you an election. Biden

(41:55):
and then Harris through the kitchen sink of threats about
Trump to the public. None of it stuck. The Obama's
the pelosis. The Clintons of the American political world did
their best to paint Trump as a dystopian dictator hell
bent on crucifying immigrants and minorities. And what happened. They lost.
He won a clean sweep of the battlegrounds, the House,

(42:16):
the Senate, the Electoral College, the popular vote half of
Latino voters, the highest ever for a Republican. His election
was a course run against the backdrop of a tough
economic conditions, inflation hitting punters hard. Plus Joe Biden was well,
literally stumbling to the finish line, struggling to walk and talk.
But the fact remains that voters picked the guy who'd

(42:36):
been labeled all of these awful things because they trusted
him on the economy. And so what's the lesson here
for Chippy. It doesn't matter how many times you call
Seymour and or Luxeon a racist, It won't get you
back on the Treasury benches. Labor and its allies are
gearing up for a fresh on sort of attacks on
race as the Treaty Bill goes to Select Committee. But

(42:57):
here's the thing most Kiwis won't be listening to that.
Just look at the polls they had the ipsos one
out last year number one issue inflation two, health, three,
economy four crime, housing, poverty, race relations fifteenth. Those on
the left would do better and we would all benefit
from if they had stopped the name calling start coming

(43:18):
up with some serious, credible, alternative economic plans to get
this country firing again. Labour was supposed to be the
party for the workers. They've let Provincial New Zealand down
badly with economic mismanagement and energy policies that may have
suited a speech at Unger in New York, but certainly
not the good people of Rupehu. And that's the lesson

(43:39):
that Trump is giving the left today. The recipe used
over the past decade of performative politics, even identity politics,
and virtue signaling and demonizing your opponents, it no longer
works on the very people who matter most, the voters.
Bryan Bridge, twenty five after seven, A really interesting story
out of the UK. How long we got, yeah, Glenn,

(44:00):
time for twenty seconds? Not enough time to tell you
about oh ninety seconds? Goodness me? All right, lots of
time I can tell you about this incredible surgery in
the UK was reading about this morning. So there's a woman,
she's forty years old. She goes into the operating theater
and normally she's got a tumor in her brain. Normally
they wouldn't be able to operate on her because the
tumor is in a tricky place. They would literally have

(44:21):
to take part of her skull out and shift her
brain in order to reach the tumor inside of her head. Right,
So very dangerous surgery. What have they managed to do?
It's amazing keyhole surgery through her eye socket, I know.
And they've gone in there, no fuss, she's back walking

(44:42):
after a day gone in there, taking the tumor out
through her eye.

Speaker 24 (44:46):
And you're making a lot of people wentz over their corner.

Speaker 7 (44:48):
Sorry, but I am.

Speaker 20 (44:50):
I'm envisaging Analys's flights nagger in total recall and he
takes the tracking probe out through his nostril.

Speaker 7 (44:57):
I know, well this is kind of like that. Yeah, yeah,
incredible though. I mean, this woman potentially could have died.
She was in pain every day, and normally they would
have had to say, sorry, the surgery is probably too
dangerous for somebody who's forty years old with children. She's
walking the same day and the tumor is gone. It's amazing.
She had a tiny scar. She had double vision for

(45:19):
about three months. Other than that, she's home and host
pretty cool. The Prime Minister with Us Afternoons, your source.

Speaker 1 (45:39):
Of breaking news, challenging opinion and honors backs Bryan Bridge
on the Mike Husking Breakfast with the Range Rover Villa
designed to intrigue and use togs.

Speaker 7 (45:50):
EDB twenty three minutes away from eight News toalg ZEDB
and the Prime Minister. Crystopher Luxone with Us back for
twenty twenty five and has regular slot here on the
mic Tasking Breakfast. Good morning, Good morning, Ryan, How are
you very well? Thank you, Happy New Year and all
that stuff.

Speaker 25 (46:08):
It's same to you. How are you surviving with the
big big job at the moment? Oh, you know, working away.

Speaker 7 (46:13):
I make I make man Hey. Speaking of big jobs,
Nichola Willis has one What parameters have you set in
order for her to grow growth? Is everything on the
table for her? Yeah?

Speaker 25 (46:26):
Look, actually, through the course of the back end of
last year and even even a bit earlier that there's
five things that we've got to do in our economic
growth plan. Obviously world class education. You know, we've got
to get quality infrastructure in place. We've got to get
have much more science, technology and innovation and R and
D to add value to products and services, get rid
of red tape, more competition, stronger international connections. So we've
got the guts of what we want to do and

(46:48):
build out in that economic plan. And what I really
want is as a minister to lead and to drive
that agenda through across all the ministries. And so Nicola
will have two parts of the job. Continue to sort
of our finances, make sure that the budget is working,
but then really get into the exciting work of actually
how do we lay down the big foundations that we

(47:08):
ultimately know will lead to New Zealand becoming a much
richer place.

Speaker 4 (47:12):
And when that happens, that's how.

Speaker 15 (47:13):
People get a better quality of life, that's how we
get better public services.

Speaker 25 (47:16):
So you know, the real focus is to on this
year is it's about Job Number one is growth, growth, growth,
and that's important.

Speaker 7 (47:22):
That's the visions, that's the vision, right, that's the goals.
So the question is how do we get there. We've
got billions tied up and underperforming Crown assets in New
Zealand on the balance sheet. Why do we have them?
And will you sell them down? Can she start selling
them down?

Speaker 25 (47:36):
Well, we've committed not to put progress any asset sales
or what's called asset recycling this term. But what I
would say is there are bigger you know, what we've
really got to do is attract investment to New Zealand.
A big part of that is what I've been doing
when we've been offshore overseas for examples in the UAE
just last week.

Speaker 7 (47:52):
Yeah, but why won't we recycle assets? Why won't we
recycle assets? The Crown has five hundred and seventy billion
dollars worth I mean, so why do we own stuff
that's underperforming that we could have the private sector doing well.

Speaker 25 (48:05):
As I said to you, we've made a commitment of
this term. That's not something that we're looking at a
lot of things that we well, again made the commitment
for this term.

Speaker 4 (48:13):
But what we are looking at.

Speaker 25 (48:14):
Is that when you go around the world and you
look at other advanced five million people countries on Earth,
and you ask the question, why are they fundamentally wealthier
than New Zealand Why for thirty years have we not
been able, despite how hard everyone is working, not be
able to get ahead and to create a much.

Speaker 15 (48:30):
Wealthier, richer place. It gets back to some pretty basic.

Speaker 25 (48:33):
Things and that's what we've got to drive those microeconomic
policies that actually, you know, like for example, science technology innovation.
We spend quite a bit of money on it, you know,
enough money on it. But the question is we come
up with great innovations, but we're not actually commercializing them
and they're building out for big.

Speaker 4 (48:49):
Well, we saw that employment for people.

Speaker 7 (48:51):
We saw that this week with Abco. This is the
ebuying manufacturer in total. Now have you read about that?
So we're on the hook for four hundred thousand dollars
the taxpayer is through the Callahan Innovation Fund, company goes
into receivership and were left hindre. I mean we are
we making solid investments there.

Speaker 25 (49:09):
Well, again, you know that'll be a question for the
Science and Technology Minister to have a review of. But
the bigger point is there will be moments when we
make an investment to facilitate or to catalyze an idea
to become a reality and the hope that it creates
some motness, that creates employment and opportunity to some that
will go right, some that won't go right.

Speaker 7 (49:26):
Just to square this off the asset sales thing, you're
not doing it this year this term, but next term
you will be open I mean, I mean selling off
Land Corp for example, that all of that stuff would
be on the table for next term.

Speaker 25 (49:38):
Yeah, our commitment is that we're not going to do
asset sales with two years ago from the rest of
the term expires. But you know, the bigger issue is
about how do we get pools of capital, both domestic
pools of capital in New Zealand and international pools into
this country for investments so that we can grow the
joint we.

Speaker 7 (49:54):
Had them on yesterday and they said they want accelerated
One of the biggest things you could do right now
to increase investment, to increase productivity, to increase wages. All
things we will want is do the accelerated depreciation on
their buying their manufacturing technology.

Speaker 9 (50:13):
Yeah.

Speaker 25 (50:13):
Look, I understand the principle, which is to incentivize particularly
small medium enterprises to brace and invest in more technology
automation to make their business more efficient so they can
actually be more productive. Is actually all good stuff. Will
you help them again? We'll have more to say about
what our plans are as we go through the course
of the year. Obviously we've got a budget. That's the

(50:34):
point where we'd be looking at you'll see very clearly
those ideas come to life.

Speaker 7 (50:38):
But so are you looking at are you looking at
that as part of the budget process.

Speaker 25 (50:42):
Look, I'm not going to get into what we are
are not looking into fight to the budget. But the
point is we are very open and we'll do any
everything to make sure we get the country growing and
we have it.

Speaker 4 (50:52):
You know, Ryan, if you just zoom out, I mean.

Speaker 25 (50:54):
For thirty years we've actually under successive governments, we actually
haven't been able to solve that productivity problem work hard
in New Zealand relative to peers around the world. We
suck at it, but we're not adding enough value to
the products and services that we've created. So hopefully come
budgetes and it comes.

Speaker 7 (51:09):
Come budget time when you do the accelerated depreciation and
then businesses are about to just zoom forward with that.
Hey on, Just generally, this is the point about the budget.
In relation to the budget, the AMA said on the
show yesterday that you are prioritizing the surplus overgrowth. You know,
you could do stuff like this depreciation, but it would
hurt your bottom line and would push the surplus forecast

(51:30):
out further. You know, you look at Spain, They've got
public dead over one hundred percent, their GDPs three and
a half percent. They're leaving the world at the moment,
leaving the EU at the moment.

Speaker 4 (51:39):
Are you looking?

Speaker 7 (51:40):
Are you are you prioritizing one over the other unnecessarily?

Speaker 4 (51:44):
No, we've got the balance, right, you know, we are not.

Speaker 25 (51:47):
We haven't. You know, we're not driving the country into
hard or sterea. That's just not the way forward. Equally,
carrying on the way that the previous administration was around
tax spin borrow or that doesn't work either. And I
think you've seen us actually be very measured and veryance
through the course of this first year, which was let's
get people tax relief, Let's get more efficiency and stop
the wasteful spending. Let's actually make sure we lay down

(52:08):
the conditions for growth, and we think about if you
think about infrastructure investment that we've got to do, if
we want to get that done, we're going to have
to pull that forward. That means that we're going to
have to have access to public private partnerships, use of
foreign capital, domestic capital to invest in getting our roads built, Quackera,
our schools belt Quaker area, hospitals built Quaker There's a
whole bunch of things we're going to have to do
differently in order to get that infrastructure in place. When

(52:31):
we get the infrastructure in place, that's got massive economic, social,
and arguably environmental benefits.

Speaker 15 (52:36):
So you know, there's those are the sorts of there's
a lot.

Speaker 25 (52:39):
In that agenda of we have to be so much
more focused on driving growth into New Zealand totally. We've
got to get out of recession, which we've been in
for the last three years, and actually get ourselves on
a pathway to steady growth, and we have to improve
what's called economic productivity. That's the core, fundamental challenge, and
that has been for a long time.

Speaker 7 (52:58):
Sale Gp, I want to get to Trump in just
the second. So this is a quick one for you,
sal GP. Any appetite from the government from taxpayers to
fund any future events.

Speaker 25 (53:06):
Again, we'll look into that again. You've got to get
a return for that. And frankly, with the state of
our books, the question is is that's a high bars
doing something.

Speaker 7 (53:15):
It's a high bar, all right. And Wayne Brunt he
wants a visitor levy a bed tax to try and
pay for it himself. Will you let him do that?

Speaker 4 (53:23):
Again?

Speaker 25 (53:24):
I think what New Zealanders want is they want us
focused on making sure that we can they can get ahead.
And I just I'm not sure that adding new taxes
at this point is the right way. Not a priority
we will not a.

Speaker 7 (53:33):
Priority, all right? Cool Trump and trade. Seymour wants an
FTA with Trump. I mean he's dreaming, isn't he.

Speaker 4 (53:40):
Well, well, I spoke to President Trump. He actually called me.

Speaker 25 (53:43):
We had had a good fifteen to twenty minute conversation.
Pretty soon after he was elected, and I think, you know,
we're going to make that relationship work really well. It's
really important for New Zealand. We haven't had an.

Speaker 15 (53:54):
FTA with US. With the US, Australia does.

Speaker 25 (53:57):
But what's been interesting, Ryan is our trade, both in
goods and services, has been growing tremendously. I think I
think I looked at our services data last year and
I think we're up sort of thirty percent growth with
the US. Our primary goods exports, you know, are finding
good ways to get into a very large market and
finding the profitable niches, you know, in a big market
of three hundred and sixteen million people. So and when

(54:18):
I was in DC and back in July, I went
and spent a lot of time with both Democrats and
Republicans on both sides of the House around foreign relations
and trade, and it was interesting to me they're very,
very supportive and very very open to doing business with
New Zealand. And So I think it's about relationships. I
think we need a lot bigger, deeper, broader relationships across

(54:39):
the US political system, and a lot of it's about awareness.
You've got to understand, you know, America's a big country.
When I lived there for eight years. You know, I
have to think I used to spend a billion US
dollars a year just advertising Dove Slope to Americans. Well,
that's what it takes in a big market like that
to get a brand to cut through with consumers. And
so our New Zealand exporters have been doing a very

(55:00):
very good job of targeting the consumers, targeting the way
and those products.

Speaker 4 (55:03):
And those exporters.

Speaker 7 (55:05):
Those exporters will be sitting on tender hooks at the
moment worried about tariffs from Trump. What is the latest
from our you know, our ambassadors to the US Rosmary Bank,
What is the latest advice you've had on one, whether
we'll get tariffs in two, whether we might get some exemption.

Speaker 25 (55:20):
We really need to just let that administration get its
feet under the desk and actually see what happens, because
there's nothing more than what we've seen around the campaign
talk that everyone's seen around the world. But irrespective, it's
a relative game, right, So we still have to find
a way to win and actually do business in America.
So what we do in the UAE, as we do

(55:42):
in India, as we need to in China, and as Southeast.

Speaker 7 (55:44):
Asia would if it's a negotiating tactic, would you ever
throw up and negotiate something like us joining Orcust pillar
two if it gave us a concession on trade.

Speaker 25 (55:53):
No, we will have a conversation about trade around trade,
and then we'll talk about our own security and what
we think is right for the for ourselves.

Speaker 7 (56:01):
Prime Minister, thank you very much for your time. Christopher
Luxon with us here on the Mic Costing Breakfast thirteen
away from eight, the.

Speaker 1 (56:07):
Mike Costing Breakfast Full Show podcast on iHeartRadio powered by
News Talks at B.

Speaker 7 (56:13):
It is ten away from eight. So we just had
the Prime Minister, Christopher Luxon on and he's said, basically,
they're not doing any asset sales this term. He's sticking
to that promise even though we desperately need them. And
I don't think that. I don't think the public opposition
to asset sales is what he thinks it is. I
think Key did it. No one there was a hohoha,
but no one cares now do they? So what's the

(56:35):
big fast Anyway, They're not going to do that until
next turn, but they will be looking at other stuff
for the budget, especially to do with appreciation by the
sounds of it. Lots of feedback, Ryan, I love your show. Spoiler,
this is not my show, this is Mike's show. He'll
be back next Tuesday. However, I appreciate the sentiment Monique,
it's good to be able to make the Prime Minister laugh.
After all, he is human too, right, challenging Luxon, It's

(56:59):
good to hear I've been a national voter until the
last election. Enough of his bs catch words. There's lots
of people messaging in about his Someone says corporate words
salad from Luxen. Yeah, I suppose he does use a
lot of weird buzzwords. And he does talk a lot.
Not as much as Jacinda doing News to Talk, mind you,
but he does talk a lot without necessarily saying a

(57:22):
hell of a lot. But I guess you know he's
now a politician, is and he's a professional politician. So
that's what you expect. Nine minutes away from eight here
on news Talk said be lots more to come, including
after eight o'clock. Bick Runger, she's going to be in
Topaul doing a gig. We catch up with her shortly.

Speaker 1 (57:37):
Ryan Bridge on the Mike, asking breakfast with Bailey's Real
Estate News Talks EDB six to eight.

Speaker 7 (57:44):
You might be interested to know. I was talking about
the Callahan Innovation Fund with the Prime Minister just a
few minutes ago. Since twenty seventeen, this is the number
of investments we've made that have failed. Five million dollars
has been lost to businesses that failed. That's taxpayer money
that we put in. And guess how much of that
we've got back. Twenty thousand dollars of our five million

(58:05):
to companies that have failed from the Callahan investment funds.
So I mean, I would love to know, actually how
many have succeeded. It is five away from eight. Now
the Golden Age of America is upon us. Donald Trump
is the forty seventh President of the United States. And
he did this speech earlier. We played you some on
the tallyprompter. Now he's gone rogue. He's off scratching some
of the people.

Speaker 6 (58:24):
Why are we helping Liz Cheney? I mean, Liz Cheney
is a disaster. She's a crying, a lunatic. And Liz
Cheney hated the concept of.

Speaker 3 (58:33):
Not going to war with everybody. Let's kill everybody.

Speaker 6 (58:36):
We'll spend a lot of money on military equipment.

Speaker 24 (58:38):
Think of it.

Speaker 6 (58:39):
They destroyed and deleted all of that information that went
on for almost two years against Trump. And the reason
they did because it was all false. Like the person
that said I tried to strangle a secret Service agent.
That's one of the toughest human beings I think I've
ever seen. Remember she said, I put my hands around
his neck because he wouldn't go to the capitol. Made

(59:03):
up fiction, and I was rebuffed. And the guy in
the raid is a massive weightlifter, probably stronger than me.
Do you think he's stronger than me? How do you
know who I'm talking? Possibly stronger than me, slightly younger
than me. Like I won't say how many years because
I don't want to talk about that, but a lot
of years. But I had a friend that said, why

(59:26):
are you disputing that story? That's the coolest story I've
ever heard, that I would attack a karate champion, get
slightly rebuffed, and then throw my arms around the guy
with a neck about this big.

Speaker 7 (59:41):
And there it is people, the most entertaining president i've
abslutely little politician even that I've ever listened to. It
is coming up to three minutes, so yes, coming up
the three minutes away from top of the art. We'll
get to Brunger Sorry, after the news at eight o'clock. Also,
I'll tell you what Milania was wearing. My importantly to

(01:00:01):
today's inaugurations.

Speaker 9 (01:00:09):
The news and the news makers.

Speaker 1 (01:00:12):
Ryan Bridge on the MC husking breakfast with Bailey's real
Estate finding the buyers.

Speaker 2 (01:00:18):
Others can't use togsd B.

Speaker 24 (01:00:20):
This moment far behind.

Speaker 2 (01:00:25):
How break the things we battled? How long will we travel? See?

Speaker 7 (01:00:34):
Good morning, New Zealand. It is seven after eight. Great
to have your company this Tuesday morning. At this point,
is there anyone in New Zealand who doesn't recognize this voice?
Who doesn't know a bit Wronger The singer songwriter has
been dazzling us since nineteen ninety six, when she released
her first single. She's gone on to international fame as
well as the most New Zealand music awards won by

(01:00:56):
an individual ever. Currently, she's part of the Greenstone Summer
cons to performing alongside the lights of Cold Chisel, Ice
House and Everclear and bit Bringer is with me this morning,
mona good morning.

Speaker 21 (01:01:07):
Morning, right, How are you very well?

Speaker 7 (01:01:10):
Thank you, thank you so much for coming on the show.
It's lovely to have you on, no problem.

Speaker 16 (01:01:14):
I'm going to talk to you now.

Speaker 7 (01:01:15):
Obviously Trump's been had as a inauguration this morning, So
first question, would you have sung at his inauguration?

Speaker 21 (01:01:24):
Would you have asked me? I don't think you.

Speaker 7 (01:01:28):
Because because poor old Carrie Underwood got a hard time
for saying yes. But it's quite It'd be quite a platform.
That's the tempting thing, isn't it.

Speaker 21 (01:01:36):
Oh well, no, I wouldn't think he would know me
from a barrow slope, So I don't think I have
a problem even visit.

Speaker 7 (01:01:42):
It's Hey, how's it so that obviously that you're out
on the road, you're on tour, you're going to be
in Topoor and we'll give people the dates and all
the details soon. But how's it going.

Speaker 21 (01:01:52):
Oh, I'm having such a good time. We had our
first show in Queenstown on this weekend last weekend and
I stuck around with my family. So I'm just sitting
here squinting and into a beautiful sun overlooking the lake
and I'm really looking forward to the coming weekend. But yeah,
it was it was cool. It was really cool to
meet these guys on the road because they're all legends

(01:02:15):
and you know, they're all lovely.

Speaker 7 (01:02:18):
You've spoken in the past about touring being not so
much a party but more military operation. If you've got
the whole family there, now it must be even more so.

Speaker 21 (01:02:28):
Oh totally.

Speaker 17 (01:02:29):
Yeah.

Speaker 21 (01:02:30):
No, It's like, you know, I'm trying to get on
stage and someone's asking me where their soccer is, and
it's just like really, so pull on. But yeah, we're
just trying to hone it. So that and I keep
saying to my kids, like, if you wanted to come,
you know, we've got to We've got to get better
at this. So yeah, it's called to have them, but
there's just an extra layer of stuff to you know,

(01:02:54):
find and wash.

Speaker 7 (01:02:57):
You've obviously, because I know that you've spoke in the
past about your mum being very musical and encouraging you.
She was a loud singer. Do you sing for your kids?
Do you include them in that?

Speaker 21 (01:03:09):
I don't know. I think they just I think, you know,
even just on Saturday when we had the show, it
was a huge crowd. It was like fourteen thousand people,
and I think they were like, oh, you know, but
they just don't they haven't quite connected that.

Speaker 17 (01:03:24):
That's what I do.

Speaker 21 (01:03:25):
They think I'm the sock finder. But so, yeah, it's
quite cool to bring them because they kind of get
it now. But yeah, no, I don't know. I don't
really sing to them that much. Quite sort of. They
are quite apathetic about my singing around the house.

Speaker 7 (01:03:41):
Yeah, that's quite that's quite a flex to just put
them in. Hey, come and have a look at those kids.
See what mama can do. So I've been I've been
looking back at some of the comments that you've given
in the past about you know, that inspiration and I
spoke about your mum being a lounge singer. Is is

(01:04:04):
it something that you would want, you know, your kids
to be doing in the future. Is a music still
the same, not not just an outlet, but kind of
career path that it was for you.

Speaker 6 (01:04:15):
Yeah, kind of.

Speaker 21 (01:04:17):
I mean only because I'd sort of want to, you know,
be around them and sort of help them do stuff,
because you know, it's just like any I suppose family
business where you get a bit more of an insight
if you've got someone in your family there with you
to help you. But that would be the selfish reason.
I think it's a I still think it's a really
hard thing to do. But my kids have just started

(01:04:38):
learning to play guitar, and they just sort of did
it themselves. So I think it's about them having their
own impetus to do it. I couldn't make them or anything,
but yeah, they seem interested.

Speaker 7 (01:04:50):
Your Spotify. I had a look yesterday getting I think
close to half a million's strength monthly streams for your music,
which is fantastic. Just do you make money that?

Speaker 21 (01:05:02):
Do I make money? I think probably a little bit,
But I don't think that's the main way we make money.
I mean, that's yeah, that's always been a bit contentious
that stuff, because streaming is a bit stacked up against you,
and you know, yeah, it has been harder and harder
for musicians to make money out of things like that.

(01:05:22):
But you know, I guess that's the way we tour
and and you know, you have to really love doing it.
You know, I still do it because it's super fun
and I can't do anything else apart.

Speaker 7 (01:05:33):
From fine socks. Becketts. It's lovely, lovely to have you
on the show from Sunny Queenstown this morning. But Ronga
is back with us in just a second, and we're
going to talk about this one of her most iconic
songs ever, The.

Speaker 1 (01:05:56):
Mike Asking Breakfast Full Show podcast on radio powered by News.

Speaker 9 (01:06:01):
Talks it Be.

Speaker 7 (01:06:02):
New Zealand music legend Bick Rohmer is with us on
the program and is touring. You can see the Greenstone
Summer Concert Tour, performing alongside the lights of Cold Chisel,
Ice House and Everclear and Topa Or January twenty fifth,
fits Young of January twenty sixth and Homegown on March
the fourteenth. Tickets through the Greenstone Entertainment website. Welcome back
to the show. I want to go back in time

(01:06:25):
to Sway And I know you've probably been asked a
thousand questions about this song because it was such a
popular song but a beautiful song. I don't know, sort
of sad but also very uplifting song. And you've set here, Yeah,
you said that you wrote it or you've got the
inspiration for the name from Ireland? What was that about?

Speaker 26 (01:06:48):
Oh?

Speaker 21 (01:06:48):
I think yeah, I was trying to record my record there.
I think I've been signed and they sort of shipped
me over there to record. It wasn't it wasn't. It
wasn't so much to do with Ireland. It was just
some graffiti I saw in Auckland. But it was just
someone who's gotten up onto the top of a bridge,
I think in Windom Street. But I just remember saying,

(01:07:12):
how did they get up there?

Speaker 14 (01:07:13):
And write?

Speaker 17 (01:07:13):
Was really random words.

Speaker 21 (01:07:14):
Way And then the song kind of wrote itself quite
quickly and we did record it in Ireland.

Speaker 7 (01:07:19):
Yeah, are you recorded and Iland? So someone wrote the
words way on the side of a building, you see
that and outcomes the song?

Speaker 21 (01:07:28):
Yeah, I mean it used to happen a lot in
those days. We're just it was just sort of a
stream of consciousness, I suppose writing songs and yeah, yeah,
it was a really easy song to write.

Speaker 17 (01:07:39):
Yep.

Speaker 7 (01:07:40):
We spoke about the Spotify side business side of it
was that song and that album in particular. Was that
a lucrative time for you?

Speaker 21 (01:07:52):
I mean, I'm amazed that it's still you know, around,
and it does still I mean, I guess it still
pays bills, but yeah, it's an amazing what a song
can do, and it probably is still, you know, for
something to be around for over twenty years, I think
that's when you sort of see that it's sort of
around for the long haul. But it does take that

(01:08:15):
long and it's been kind of fun to experience that Yeah,
it's pretty cool.

Speaker 7 (01:08:19):
And when gold in New Zealand, gold in Australia, I
certified gold there by Aria and even I was watching
a couple of this is probably a couple of years ago,
but watching American Pie. It made its way onto that movie,
the American movie. How did that happen?

Speaker 21 (01:08:38):
Yeah, I actually don't quite recall how it happened, but
I do remember living in America at the time and
seeing it and seeing the movie in a movie theater
and that was amazing. I was only maybe nineteen, and yeah,
I was watching this movie and the song came on
and then they used it sort of sequel, and I
don't know, it just found a life of its own.
And actually even now, which is really amazing, as it's

(01:08:58):
just been covered by a shark and you know, she's
sort of brought it a second a second life and
thank you. So yeah, that's what a song can do
if you just you know, it just finds Yeah, it
just finds its own way.

Speaker 7 (01:09:11):
It's timeless, really, isn't it.

Speaker 10 (01:09:13):
Yeah, it's cool, very cool.

Speaker 7 (01:09:15):
Now are you still writing music? You're obviously still performing it,
Are you still writing it? And how do you find
the time between you know, doing all the laundry for
the kids.

Speaker 21 (01:09:23):
Yeah, yeah, between being a slave. Yeah, No, I do
find time and things are getting easier now and I
still love it and yeah, just yeah, I am. I'm writing.
I'm writing an album and recording right now and I
don't know. It's just still just what I do and
it's really enjoyable and it's like therapy, and yeah, I'm

(01:09:44):
still doing it. Hopefully there'll be something out sometime this
year and we look forward.

Speaker 7 (01:09:48):
To hearing it. Beck, thank you very much for being
with me this morning. Really appreciate your time and best
of luck for the rest of the gigs.

Speaker 15 (01:09:55):
Cool.

Speaker 21 (01:09:55):
Thanks for having me.

Speaker 7 (01:09:57):
Thank you you too. Take care. That's bit from a
who is a chevy singer, songwriter and in fact are
most decorated at the New Zealand Music Awards. She's won
the most awards for an individual artists ever. Pretty impressive
stuff and what a lovely person too. She's in Queenstown
at the moment, but you can see her alongside the
rest of the Greenstone Summer Concert Tour and Topaur January

(01:10:19):
twenty fifth, Fifth, Younger January twenty sixth, Homegrown March fourteenth.
Get your tickets Greenstone Entertainment's website nineteen after.

Speaker 1 (01:10:27):
Eight Brian Bridge on the Mike Hosking Breakfast with a
Vita Retirement Communities News talkstad.

Speaker 7 (01:10:43):
B twenty two after a Christia Freeland. She's the one
who not knifed Justin Todae, but certainly gave him the
nudge to get the hell out of Dodge. And she
is now wanting to be the next Prime Minister of Canada.
And she has taken today's opportunity while Trump is getting
inaugurated in the United States, to launch her campaign. So

(01:11:04):
she's trying to piggyback off the back of his you know,
media attention, I guess, and try and get herself elected.
She's making the case saying that this is for the
Liberals in Canada and for Canada more generally, to the
voting public, saying Trump is an existential threat to Canada.
She's pleedging dollar for dollar retaliation against any terrorists that

(01:11:25):
he might impose on Canada. Good luck. And the thing
is she's on hiding to nothing not to do with Trump,
but she's just on hiding to nothing more generally, because
the polls hate the Liberals. After Justin Trudeau's nine years
in power, So good luck to you Freeland. Back here
in New Zealand, New Zealand and Auckland, the dog owners

(01:11:47):
are facing restrictions. You might have seen this in the news.
And I'm a dog owner. I've got to be beagle.
She's four now and you know, eats everything, craps everywhere.
We always picked that crap up off the sidewalk because
that's a good thing to do, right, And apparently this
is the problem and or people aren't doing that, People
aren't taking their little bags out with them and scooping

(01:12:09):
up the pooh. So the council is now recommending that
in fourteen regional parks out of sixty and sixty four
local parks, they will become completely dog free because they
can't the owners can't be trusted to pick up their
dogs doodoos, and they're either letting them crap everywhere or
they're letting them off the lead and they're going berserk.

(01:12:30):
So this is what they're going to do. There's a
somebody on my street across the road is leading their
dog and I'm assuming the dog must be off the lead,
because how else wouldn't you know your dog was doing
And they're giant ones like it's a Rhodesian ridgeback or
a Great Dane or something Great Dane leon Berger and Newfoundland,

(01:12:50):
something like that. Glenow No, no, no chow chow. What
is the cho the big light, the lion main one, Yeah,
something like that going down my street and is shitting
everywhere and if the owner must, the owner either has
it off the lead, which is irresponsible on a road,

(01:13:12):
or they know that they're just letting their dog crap
all over the street. And it's every day and people
are walking through. You can see the footprints on the
street and on the footpath, on the footpath, not on
the like on the boom. No, there's no boom, there's
draped from road.

Speaker 20 (01:13:27):
And maybe they've said, hey, great Dane, Brutus, what are
your names? Can't you just hold it until we get
to a street where there's a boom and Brutus is gone.

Speaker 7 (01:13:40):
Pick it up? You know what I mean, Charlie, your chowchows,
you know, crapping on the street, You pick it up.

Speaker 20 (01:13:46):
Have you considered that it might be a personal vendetta
against you, Well, nobody's doing.

Speaker 7 (01:13:51):
It deliberately to you. No, I hadn't thought about that.
I thinking about it out I am, but why would
you do it on the other side of the road.
See that makes no sense. But anyway, people are standing.
It's disgusting. People are standing in it because you can
see the footprints through it all.

Speaker 20 (01:14:04):
There's nothing worse than the shame of being called out.
Like you know, I've been in a situation where you
know the dog is off the lead you on the beach,
is behind you, and you haven't just sort of noticed.

Speaker 7 (01:14:15):
Oh it's just a little dumb and somebody elses come
up to you said, eh, do you know that your
dog's just and yeah, boy, a little mystery one that
you didn't know about sneaking one behind dad's back. Anyway,
just go and pick up your poop. I mean, it's
quite simple. Your flusheels down the toilet, you pick your
dogs up off the footpath, very easy. And because of you,

(01:14:37):
whoever you are, mystery Charlie.

Speaker 24 (01:14:39):
Gone and ruin it for everyone.

Speaker 7 (01:14:40):
Have ruined it for everybody else, and now we can't
take our dogs off leash to all these clarks. So
thank you very much for that. Good morning twenty seven
after eight.

Speaker 2 (01:15:07):
The only report you need to start your day.

Speaker 1 (01:15:10):
Ryan Bridge on the my Hosking Breakfast with a Vita
Retirement Communities, Life Your Way News, togs Head b.

Speaker 7 (01:15:17):
It is twenty three minutes away from nine. I'm going
to tell you what's on the menu at Trump's inauguration luncheon,
which is happening inaugural luncheon, it's called which is happening
right now over at Capitol Hill. They've just pulled the
champagne and apparently Donald Trump has just been poured a
diet coke by the waitresses and the waiters who are
serving them there. Milania, I told you earlier that I'll

(01:15:38):
tell you what Mlani was wearing. She's wearing. How do
you even describe the hat that she's wearing. It's if
you know Carmen san Diego, It's a Carmen san Diego hats.
It's dark, it's got a white band across the top
of it. Racy, sort of detective style. Yes, almost like
a it looks almost like a country western hat, but

(01:15:59):
more for than there, yeah, a bit more for very
sharp brim.

Speaker 24 (01:16:03):
And I was wondering, I was fair at one stage.

Speaker 20 (01:16:05):
I was wondering if he was actually making another attempt
on Donald Trump's life when he bent to kiss her,
and he literally hit his head against the brim of
the hat and couldn't get anywhere near here. Maybe it
is a form of isolation that she's you know, I
think it was that the only reason she's worn it,
so she doesn't get anywhere.

Speaker 7 (01:16:23):
Near her face. Well, not just him, but Biden, Jill.
You know you don't want anything wearing it very low.

Speaker 24 (01:16:28):
It seems to be too big for her. It comes
down right over and you can't see her eyes.

Speaker 7 (01:16:32):
I don't even know that it's her, Glenn, that's fashion.
You wouldn't understand that. Look at you anyway. The inauguration
London is taking place right now and Trump Trump is
drinking his diet coke will of course tell you exactly
what's on the menu in short order. It's just gone
twenty two away from.

Speaker 18 (01:16:49):
Nineteen International correspondence with ends and eye insurance Peace of
mind for New Zealand Business.

Speaker 7 (01:16:57):
Rodinal is a UK correspondent. Rod Good morning to you, Roder.
It's great to have you on the show and let's
talk about the Well, obviously it's the only story in town,
and that's Trump. How is the UK reading this? What
is the response going to be to this? Trump President, say,
do you think, well, I.

Speaker 16 (01:17:17):
Think in fifty years, I've never known such a political change.
It's partly related to the political change we've already seen
in Europe. But as soon as Trump got in with
that enormous majority, all the slings and arrows about Trump
suddenly stopped. And I watched the BBC's coverage of the

(01:17:38):
inauguration and it seemed quite pro Trump, which is a
remarkable voltfath from how it's been in the past. The problem, though,
is the trouble it leaves for the Labor government. There
were no members of the Labor government invited to the inauguration. Crucially,

(01:17:59):
the Neritish ambassador Peter Mandelson wasn't invited to the incuration.
Only two British politicians did go. One was Nigel Farage,
the leader of Reform UK, and the other a close
friend of mine actually is Maurice Glassman, who Lord Glassman,
who is the architecture of Blue Labor, which is a

(01:18:23):
kind of right wing rump of the Labor Party. And
I spoke to Morrow's but just before he went to
the inauguration, where while he was in his Washington hotel
room and asked him about you know, the Labor Party's
attitude towards Trump, because they have been so rude about
the man and he fooled a childish infantile and they
simply don't understand. And I think that's what our government

(01:18:45):
has got to grasp. It has to deal with Trump
and it has to be on his side or we're
in big trouble.

Speaker 7 (01:18:53):
Yeah. Absolutely, I've been watching with interest Nigel Farage talking
to American media today is obviously over there for the inauguration.
I'm assuming he's been talking up his chances of being
the next PM ither in Britain.

Speaker 16 (01:19:11):
Yes, well, I think there's part of Nigel which does
think that's going to happen. Partly for reasons of our
political system I don't think it will, and partly because
there's also a Conservative Party which has got two hundred
cents in the House of Commons to Nigel's five. So
I don't think it's quite as clear a couple of
Nigel as he thinks it's going to be. However, nonetheless,

(01:19:34):
you know he is a bridge between the UK and
the US, and we desperately need those bridges. Maurice Grasman
is also now offering to be a bridge between the
UK and the US why they appointed Peter Mandelson as
a British ambassador, where he is everything which Trump detests
in a human being and also quite a lot of

(01:19:56):
what I do test in a human being as well.
But that's by the bias spose. I mean, it's just
such a bad call and they've made so many battles.
We have a foreign secretary who likened Trump to Hitler,
you know, and the Labor pluffy generally was terribly rude
when Trump was on his state visit back when he

(01:20:19):
was president before. So there's an awful lot of ground
that needs repairing.

Speaker 7 (01:20:23):
Yeah, a similar story for the Australian Labor Party in
power at the moment as well. Yeah, you know, with
Kevin run over there, these bridges can be mended, I suppose,
and I mean basically what they need to do as
a big charm offensive as one plan.

Speaker 16 (01:20:39):
I think that's right. But I think also, you know,
the way Europe's gone, there are plenty of left wing
parties in Europe which look quite Trumpian, whether it be
the Swedish Social Democrats, the Slovakian Social Democrats, the Italian
Georgia Maloney, I think we are lacking behind in Britain.

(01:21:02):
The trend both in America and in Europe, and the
Labor Party is lacking behind even more than most. And
I think it's I think it's going to get a
burst of realism from somewhere, and I don't see where
that's going to come from at the moment.

Speaker 7 (01:21:15):
Yeah, absolutely, Rod, thank you very much for that. That's
Rod Uk, correspondent. It is seventeen minutes away from nine
on News Talks. Here b Brian Bridge to bring you
up to date with the menu from the forty seventh
presidential Inaugural Luncheon which is taking place right now in
the United States. So Trump has got a can of

(01:21:36):
Dike Coke in his hand, which is great. Guests are
being welcomed with the glass of sparkling wine from New Mexico.
Each course, the three courses apparently one seafood they've got
to meet entrede. Then they've got a dessert. Each course
comes with its own wine pairing. They'll be getting a
chardine from Virginia. They will be getting a cab sev
from Napa Valley in California, and they'll get a natural
sparkling bit blend from Sonoma County in Cala as well.

Speaker 24 (01:22:01):
Whether Trump will just get dark coke, dark cake.

Speaker 7 (01:22:05):
Nothing wrong with I quite like a diet coke actually,
but yeah, there you go. Ed looks lovely, doesn't it.
Nice meal, free course meal. A lot of American families,
of course, can't afford that over the last couple of years,
which is part of the reason that Trump's there in
the first place.

Speaker 20 (01:22:19):
You reckon when Amy klovicher the Democrat, you know, was
appointed ahead of the inauguration committee, that she thought that
that was all going to turn out slightly differently now
that she's sitting next to Donald Trump all afternoon.

Speaker 7 (01:22:32):
It's funny because she sort of looks like you'd be
a bit gutted, wouldn't you. She sort of looks like
Nancy Pelosi at a distance.

Speaker 20 (01:22:40):
Well, of course, Pelosi's a no show, Yeah, I know,
along with Michelle Obama obviously.

Speaker 7 (01:22:45):
Yeah. Well we're not sure about Michelle, right, there's a
lot of rumors about why she might not be there,
and it might not be anything to do with Trump,
but anyway, that's just rumors. But Nancy Pelosi sort of
looks like the Democrat that you're referring to sitting next
to him. But it's not. Actually, if you look closely
up at the TV, it's not. So it's the one
who organized the whole gig. Today it has just gone
sixteen minutes away from nine news Talks B, the Mic.

Speaker 1 (01:23:08):
Asking Breakfast Full Show podcast on iHeartRadio powered by News Talks.

Speaker 7 (01:23:13):
B thirteen away from nine. Lots of texts coming in
this one from Lloyd Morning Team. A lot of people
don't know that Donald Trump does not drink alcohol and
of any alcoholic drinks of any kind. It doesn't smoke,
and he keeps himself fit with regular exercise, including a
lot of walking. That's true. Yeah, because his brother was
an alcoholic, so he has never had a sip of
alcohol his entire life, and apparently never had a cigarette either.

(01:23:35):
So I think they're keeping himself fit. Is a bit
of a stress.

Speaker 24 (01:23:39):
Yeah, you were walking up some stairs before. It took
a while.

Speaker 7 (01:23:42):
You can. Yeah, but you can be. He's seventy eight
years old. You can be big and fit, can't you.

Speaker 24 (01:23:47):
I wasn't saying any different.

Speaker 7 (01:23:50):
It sounds like you're trying to fat shame the new president.
I was trying to diet coke shame. Yeah, yeah, no,
fair enough. I think I mean, things will get really
crazy if instead of all the other stuff that's on
that menu that you were just reading from before, he
just gets served cheeseburger after cheeseburger. Whether it's diet coach,
I suppose he walks around the golf course or does
he get the buggy? Probably gets the buggy the golf

(01:24:12):
camp all the time. Hey, what is life? True? It
did quick go away going back to the golf buggy
instead of just getting on too the next hole. Quick getaway.
It's just gone eleven minutes away from nine on News
talks to b and there's an article that's doing the rounds.
You might have seen it in last night or you
might have seen it this morning doing the rounds on
the news. It's come via internationals, but it's on the

(01:24:32):
local media too. It's all about Davos, you know, where
the World Economic Forum with all the politicians and stuff
go and meet. Every year. Oxfam does a report that
coincides with it where they basically go out and bash billionaires.
So they've said in this one that billionaires wealth grew
three times faster in twenty twenty four, So all the
billionaires in the world, their wealth grew three times faster

(01:24:54):
in twenty twenty four than it did the year before.
They say, over the next decade, we will have five millionaires.
In the next ten years, we'll have five chillion years
and last year they predicted we would have just one. Okay,
so people are getting richer. There's a few rich dudes
getting richer. Fine, here's where it gets interesting, though. They
say the number of people in poverty has barely budged

(01:25:15):
since nineteen ninety and you know, they're basically using this
as as an attack on capitalism. These guys are getting
really rich and poverty hasn't moved since nineteen ninety, but
actually it has. We've had huge population growth since nineteen ninety.
So they're about seven hundred thousand people, sorry, seven hundred
million people who are living in poverty right now on

(01:25:37):
planet Earth. And that is a bad thing. That's an indictment.
But that's of eight million people. Back in nineteen ninety
we had just five million billion people on planet Earth.
So seven hundred million out of eight billion versus five
billion is quite a difference, isn't it. Yes, So there
you go. They're trying to obviously make a bit of
a song and dance about that. But I just sort

(01:25:59):
of bring it to your attention because it's one of
those things that sort of annoys me. Have a crack
at capitalism, and extreme poverty has halved. This is according
to the UN. Extreme poverty has halved from nineteen ninety
to twenty fifteen. So the system, I mean, I know
it's not perfect. I know it has its fault.

Speaker 24 (01:26:15):
We probably don't really need that many trillionaires do it.

Speaker 7 (01:26:19):
No, we don't. But also if the system that enables
the trillionaires also lifts people out of abject poverty, then
the system is worth having around I think. Anyway, nine
away from nine.

Speaker 2 (01:26:34):
Ray and Bridge on the Mike Hosking Breakfast with the
Range Rover Villa News.

Speaker 7 (01:26:38):
Togs, there'd be seven away from nine. And this is
from Lester Levy, who's the guy that's been put in
charge of our health system as the czar. Basically we
tried to get him on the show today after the
reshuffle yesterday. He told us I look forward to working
with the new minister and I appreciate his strong desire
to push hard to deliver on national health targets. Will

(01:26:59):
be sharply focused on that to deliver better health et cetera,
et cetera, et cetera. He's not coming on the show today.
Basically is the long and short of it. He had
a meeting with Simon Brown yesterday. His contract comes up
in July, and it didn't sound and this is just
basically vibe reading, but it didn't sound like things would
be good for a reappointment for Lester Levy. I did
always find it weird that he was also doing part

(01:27:22):
time work at the university, still lecturing there, while he
was also supposedly fixing the deep rot in our health system.
That'sn't lecture.

Speaker 20 (01:27:30):
Isn't lecturing at universities, just replaying your your zoom, your
greatest cut back in COVID these days.

Speaker 7 (01:27:37):
That's true. It's probably not a full time job, but
running the health system should be a full time job,
not a part time job. I would have thought, anyway,
we'll see what happens to him come July. And I
promised it earlier. I'd mentioned the Doge or however you
say it, Douge Doze, the Department of Government Efficiency that
Elon Musk is running. Apparently he has hired dozens of

(01:27:58):
staff is already ahead of time, who are working out
of his SpaceX office in Washington, d C. And they
are communicating using encrypted messaging. Now there's a law firm
who says that is against the law. It violates transparency
laws disclosure about hiring. And they are now taking a
lawsuit against Doge. And they did this as soon as

(01:28:19):
the inauguration took place today. In fact, I'm just looking
at a screen and Elon Musk is speaking at the
inauguration event right now.

Speaker 6 (01:28:28):
Thank you.

Speaker 7 (01:28:34):
He's just touching his heart.

Speaker 24 (01:28:38):
It is thanks to you that the future of civilization
is as shired.

Speaker 7 (01:28:44):
Well, we're all peace about that, thank you.

Speaker 24 (01:28:46):
He was one of the ones you see that Ai
was going to kill us, all right, so.

Speaker 7 (01:28:49):
Who apparently, well, Donald will say the don will save us.
It is far away from nine trending.

Speaker 2 (01:28:56):
Now we stop too much.

Speaker 7 (01:29:01):
Let's hope that weird feud at the Aussie Open has
now come to an end, although the man apologizing may
have opened up a whole new can of worms. This
is the Drakovic versus the nine News reporter Tony Jones.
Djokovic unhappy after Tony said this during a live broadcast.
Novak He's overrated.

Speaker 13 (01:29:18):
Novaksa has the no back kick.

Speaker 24 (01:29:21):
Him out.

Speaker 4 (01:29:22):
Oh I'm glad they can't hear me.

Speaker 7 (01:29:24):
Novak demands an apology, refused to do an on court interview,
and the apology had to come.

Speaker 26 (01:29:30):
The comments were made on the news on the Friday night,
which I considered to be banter.

Speaker 4 (01:29:35):
I considered it to be humor.

Speaker 26 (01:29:37):
Having said that, I was made aware on the Saturday
morning from Tennis Australia via the Djokovic camp that the
Jokovic camp was not happy at all with those comments.

Speaker 7 (01:29:47):
Now.

Speaker 26 (01:29:48):
As such, I immediately contacted the Djokovic camp and issued
an apology to them. So this is forty eight hours
ago for any disrespect that Novak felt that I had caused,
and as I stand here now, I stand by that
apology to Novak.

Speaker 7 (01:30:04):
Well, hopefully we can all move on back to the tennis.

Speaker 1 (01:30:08):
For more from The Mic Asking Breakfast, listen live to
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