Full Show Podcast: 21 May 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
New Zealand's voice of reason is Mike the Mic, asking
breakfast with Bailey's real estate, your local experts across residential,
commercial and rural news togs.

Speaker 2 (00:10):
He had been in love today the Murray party fiasco.
Maybe good news in the grocery sector for you. Winston
Peter's on a blockade of foreign house ownership. New data
on how much we love bricks and Ladron, the old retail,
and how much more of it we actually need. Mark
and Jenny Politics Wnesday. Of course, Richard Arnold Steve Price
provide the offshore flair as well.

Speaker 1 (00:28):
Asking the middle of the.

Speaker 2 (00:29):
Week, already seven past six, Nicola Willis has found time
to remind us that after tomorrow she'll be returning to
her crusade against the supermarkets. The government not a fan
of the banks, all the supermarkets. Of course, they keep
saying they're going to do something about them, and by
doing that, we're going to get a better deal, whatever
that looks like. And in that is the trouble. Labor,

(00:50):
who were way worse at the economy than Willis, made
the mistake of having market studies that achieved nothing. I
mean they were supposed to achieve things. They just didn't petrol, supermarkets, telcos,
all the usual suspects, jib board or building products. That
was the exception. We now import lots of similar products
we couldn't before. Presumably the price in the market is
corrected itself. Adirn said we were being fleeced, remember that,

(01:11):
fleeced by the petrol stations. Are we unfleeced now? What's changed?
Tell me there's a price. For specific answers as to
how the petrol market is giving us this so called
better deal, Willissippe is to rely on the old more
competition is good for prices line, which of course broadly
is true. She cites Costco. Costco have butter at just
under ten dollars a pop. Apparently it's why people are

(01:32):
stockpiling the stuff. But there is a reason there isn't
a Costco in Wanganui or Timaru or well anywhere apart
from the one there actually is, and that's because we
have five million people and the costco model needs a
large gathering of shoppers. Same with the airlines. We'd love
Emirates and Qatar and Quantas as well as Singapore and
Air New Zealand to fly daily out of Hamilton. D
n Eden, but they can't Egging this on is a

(01:53):
chunk of the public who swear black and blue. This
is a scam, a con and outrage and we need
Sheriff Willis to save the day. Oh they've got examples.
You can buy tins of peas in Queensland for three
cents and I fill it in Lancashire for a pound twenty.
Here's where I'm at. If there's a scam to be
broken up, break it up. If there's a new option
to be opened, do it. But finance ministers need to
have credibility. Willis is under pressure on that tomorrow of course,

(02:16):
promising upheaval and new tomorrows on the broadest of economic
theory is the stuff of fly by nighters like a
Don Willis. I am hoping is better than that.

Speaker 1 (02:28):
News of the world in ninety seconds.

Speaker 2 (02:30):
Yesterday, at this time it was phone calls about Ukraine.
Today it's sanctions on Israel as Britain turns up the heat.

Speaker 3 (02:36):
There are open nine thousand trucks at the border.

Speaker 1 (02:41):
Prime Minister.

Speaker 3 (02:43):
Nat and Yahoo and this blockade now and lets you
page here.

Speaker 2 (02:51):
They've called the tried talks off and the ambassadors in
Starma want's action.

Speaker 3 (02:55):
I want to put on record today, but we're horrified
by the escalation from Israel. We repeat our demand for
a cease fire as the only way to free the hostages.

Speaker 2 (03:07):
They have seen what this doctor is living.

Speaker 4 (03:09):
A really large form has just gone off not far
to the east of us. Who knows how many casualties.
So I think we've got a lot of work heading
our way.

Speaker 2 (03:22):
Meantime, Stateside Arak, he's in front of the Senate Appropriations
Committee defending the slashing of budgets.

Speaker 5 (03:27):
Whether the sickest country in the world, teen billion dollars
or forty percent from the NIH budget slowed the development
of new treatments and.

Speaker 2 (03:34):
Emperious and we are the sickest country in the world,
so that money has not been well. What's man who's
bast joining the growing list of people with questions around Biden,
his health and how much actual work he was doing.

Speaker 6 (03:46):
The real question who ran the Europen okay, who ran
the auroopen Because the things that were signed were signed illegally.

Speaker 7 (03:56):
In my opinion, I think we've just proved that.

Speaker 6 (03:58):
But our countries respect to get all over the world.

Speaker 2 (04:01):
We're respected in sport, namely women's basketball, we've got yet
more relegations of crowds and racial slurs, this time against
Angel Reefs. Biggest name of the game, Kaitlin Clark is
in her corner.

Speaker 5 (04:10):
There's no place for that in our game. There's no
place for that in society. And you know, certainly we
want every person that comes into our arena, whether player, weather, fan,
to have a great experience, so well, you know, hopefully
the investigation, we'll leave that up to them to find
anything and take the proper action if so.

Speaker 2 (04:24):
Finally, longest chess match in the world has officially ended.
April fourth, Grandmaster Magnus Carlson started an online match that
one hundred and forty three thousand people signed up for.
After making this made each move team world head up
to twenty four hours to vote on what their move
would be. It ended in a drawer after thirty two
moves and forty six days, and Carlson got the record
for playing against the most people at once thus the world.

(04:47):
In ninety China's Central Bank People's Bank of China, they've
gone the one year loan prime loan rate three percent
from three point one. They've cut in other words, they've
cut their five year as well, bit more stimulus coming
state back. Commercial lenders moved to cut their deposit rates
as well, so they're trying the best to fire the
place up. Meantime, they've moved in Australia. More details on

(05:07):
that in just a couple of moments. Twelve past six.

Speaker 1 (05:11):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, Power
by News Talks Eppy.

Speaker 2 (05:19):
Yeah, yesterday phone calls Ukraine THO were relligially according to Trump,
going to start peace talks. I see no sign of it.
So nothing happening on Ukraine gas is a complete bust.
The world's turning against Netanyahu, and I know this morning
the supreme leader of Irun, this is Hamani. He expresses
doubt about these nuclear talks as well. They've made us

(05:39):
excessive and outrageous demands, so nothing's really going anywhere. Good
fifteen p. Six Devin Funds Management, Good morning, Good morning
to you, Michael. So Michelle came to the party, got
the cuts, and from what I'm reading, there's more where
that came from.

Speaker 8 (05:54):
Absolutely, so you know they're ready to act as needed.
So yeah, I thought it was really pregmatic in terms
of air her comments. So, yeah, the cut rates for
the second time that year. Did the RBA down cors
percent to three point eighty five, first time since twenty
twenty three, they've gone below four percent. The cut was
widely predicted, might but the fact that they were considering

(06:14):
a rate cut of half percent wasn't. But yeah, the
obviously inflation's gone below three percent, it's in their target
range the first time since twenty twenty one. But yeah,
they talked about them certainly over the globally environment, the
downgraded economic forecasts of lower projections for growth and exports,
business investment, house or consumption of flash forecast for use

(06:34):
economic activity, and you look at Australia, they've taken their
forecast SEA of fiscal twenty twenty five down from two
point four to two point one percent. So yeah, Mishelle
Block's yeah, very impressive. She said it was a confident
cut but you and acknowledged that the lay market was tight,
but said by the same token they might need to
look at their monetary policy due to the global shock

(06:55):
created by tariffs, which was very different. So it was
really interesting see and also I thought it was really
interesting how she emphasized how consumption was weak and that
was a key fact in determining the health of the
domestic economy, and a certain central bank closer to home
might be where that next week. Obviously acknowledged real wages

(07:16):
have grown, but consumption hasn't, so she actually said things
are finally paused. She said, if things don't go as
expected or worse than expect on the trade front, unemployment
could hit six percent. Inflation could go either way. Markets
are pricing in another two to three rate cuts, But
I'm just wondering if they're considering a half percent. Their
economy is in a far better position now than our
consumer is a lot weaker, And then what's the RBNZ

(07:39):
going to do next week?

Speaker 2 (07:39):
So no pressure might interesting. Hong Kong eighteen percent on
the world's biggest IPO for the year. That's not a
bad day.

Speaker 8 (07:46):
But it was that that's not bad at all. So
capital markets are alive and well. So this our company
is a bit of a mouthful contemporary Amprex Technology k
ATL for short, So they listen, Hong Kong biggest IPO
this year global as you meant, and we have nearly
five billion dollars. Are the biggest maker of EV batteries
in the world that supply Tesla likes of Volkswagen, Ford

(08:06):
and Mercedes. So she has already listed on the Shenzi
and Indics in China. But there's a lot of interest
in how they'd go in Hong Kong given current geopolitical storms.
They according the crossfire so to speak. The Pentagon's actually
blacklisted and they claim they've got links to the Chinese military,
which they've denied.

Speaker 2 (08:22):
But yeah, she has got a.

Speaker 8 (08:23):
Way to a cracking start upsitt of over sixteen percent
on its first day. Investors overlooked the trade frictions and
look fair enough. It's got a great story. Sales fifty
billion last year, income of seven billion. They're growing in Europe.
They want to tagg in an eight billion expansion their
margins juice here, they're improving things. They've unveiled batteries that
can go over five hundred kilometers of range in five

(08:46):
minutes in terms of charging, and up to fifteen hundred
kilometers on a full charge. So and listing was notable
that single handedly doubled Hong Kong's proceeds from listings this
year and might encourage other companies to go public. So
let's seed. But yeah, lots of obstacles before this listing.
In April, a congressional committee in the US said called

(09:06):
on JP Morgan Chase and Bank of America to stopped
working on the listing because of the alleged military links.
Both American banks struck with the deal. They'll be happy
as all investors.

Speaker 2 (09:15):
Okay, then we got Tower. I'm always you know, cars, Yes,
good for the business, but you know you know who
pays for it, don't you.

Speaker 8 (09:22):
Yeah, that's right. So look at it was a strong
half year result from investor's point of view. Shares up
a couple percent, so net profit after take sixty one
point seven million that was up on thirty six point
six a year ago, better than expective. Claims performance improved
where they helped gracewood, and premiums they are up four percent,
supporting margins Also. I thought what was interesting as well
for policyholders is that premiums for house and mode they

(09:44):
appear to be moderating, so perhaps some costs relief there.
Their large events allowance for this year's fifty million, they've
used three for the Deneen flooding. They've got forming it
for cyclontem so there's a bit of a buffer. The
air well they even know if our weather four year
profit looking between seventy and eighty million points to note
that in the chairman sort of dwelled on this that
the profit would have been high. But there was six

(10:04):
million in after text charges for the christ Shoots earthquakes,
so fifteen more claims. So he's calling on the government
to put on a time limit. Talks about the self
perpetuating gravy train, and you know how private insurers should
be involved end to end, So I guess paulis and
i'd notice actually first ten policy oders didn't choose to
be hit by the christ Shot quakes, but perhaps does
raise questions over the over the model. And they've also

(10:26):
said the proposals for a fifty percent increased in the
National Hazards Commissioned levy wouldn't sit too well. They reckon
it would take Texas and levees to fifty six percent
of an average premium. So he has some thought there,
give me.

Speaker 2 (10:40):
Some numbers there.

Speaker 8 (10:43):
Weaker today down point two percent forty two six ninety
thing stand is in p. Five hundred and the nastic
both down point four percent for two one hundred. Still
reveling in that news with a deal with Europe point
nine percent eighty seven eight one Nicolie up point one
percent thirty seventy five to nine A six two kind
of like that. RBA cut up point six percent eight
three four to three. INSIDEX fifty we're up point one

(11:05):
percent twelve six four four gold really good. Sea shot
up fifty six dollars three eighty five and ounce oil
fat sixty.

Speaker 1 (11:12):
Two spots sixty five.

Speaker 8 (11:14):
Currency markets key against the US dollar fifty nine point
two down slightly up against the A dollar ninety two
point two pounds. Sterling were down forty four point two.
Japanese yeen, we're also a bit lower eighty five point six.

Speaker 2 (11:28):
Mate, go well, catch up tomorrow. Appreciate it very much.
Grigg Smith, Devon Funds Management, plask GGG. What a pants
worth well turns out quite a lot. Levi Strauss have
agreed to sell Dockers to Authentic Brands for three hundred
and eleven million US, so maybe what's that five hundred
and something million and a half a billion, And they
also own Reebok and Nortica, and they also get Forever

(11:49):
twenty one's intellectual property, So Dockers Ryan Bridge wears a
lot of dockers, lot of Beijese dockers, so some people
like them. Six twenty one Here News talk z'bod.

Speaker 1 (12:04):
The Mike Asking Breakfast Full show podcast on iHeartRadio powered
by News Talks at.

Speaker 2 (12:09):
B tell you what bombshell yesterday in Australian politics. Can't
wait to get to Steve after eight thirty. The coalition
which was formed in nineteen twenty three, Liberal National Coalition,
it's fallen apart a bit over the years, but it's
basically been solid since eighty seven. They are so far
apart after the election they are no longer a coalition.

(12:30):
They're going this separate way. So basically Albanesi in an
election not only one and one, well, he destroyed the
opposition in the process, which is an amazing thing if
you think about it. Speaking of politics, Mike, the move
from National yesterday to delay the debate with a nice
gathering of steamed up town criers out outside. Indeed, it
is the funniest thing from Parliament to many a year.

(12:51):
It really was fantastic to watch, even for wonks like me.
It was a good day at the office, as they say.
More later. Judith Collins from the Privilegeous Committee six twenty five.

Speaker 1 (13:01):
Trending now with Chemist Warehouse Mayhem Magas sales on now.

Speaker 2 (13:06):
Penny Wise, The Clown you Know the name is back,
twenty seventeen horror film. It's based on the Stephen King Book.
Highest grossing horror film in history. A sequel did well,
so what are they doing?

Speaker 8 (13:17):
Now?

Speaker 2 (13:17):
What do you do? You do a prequel, of course,
and while you do a prequel, you put it on
the Telly. Make it a Telly series, so we prevent
present it. Welcome to Derry. Now you just tell us
where home is. We'll get you back to your parents
safe and south.

Speaker 1 (13:29):
Okay, And you were but Dairy.

Speaker 9 (13:33):
My family and I just moved to town, Jerish four
months and they never even found a body.

Speaker 1 (13:43):
I'm it's murder. This business with the missing kids. I
need to be concerned.

Speaker 7 (13:52):
Never a bad idea to keep the people you love close.

Speaker 1 (13:58):
Well, it does every a bull rule saw. There's a
history of stuff like this happening in Dary.

Speaker 2 (14:06):
You kids, keep your noses out of police business. Bill
Scarscout is back as penny Wise first season. If it's
a hit, they've got three more lined up, each one
going further back in time to explore penny Wise's origin.
Presumably it gets back to when penny Wise was born.
Who's penny Wise's mum? Is that a plotline? I don't know.
It's out on HBO Max, which I think you can

(14:26):
get here. Sam says you can't. I say you can.
Who cares? Neon's got it. It'll be out septem proctat
and it' been too something like that later on in
the year, very very good news round retail. So new
research tells us a couple of things. One, as I've
said for years on this program, we love bricks and water.
That online nonsense. I mean yet it's fine and good
on you, but bricks and water is what we truly love. Secondly,

(14:47):
we need more of it, so we'll crunch some of
the numbers.

Speaker 7 (14:50):
Boy.

Speaker 2 (14:51):
In just a moment, Mike has game.

Speaker 1 (14:54):
We've beensightful, engaging and vital, the Mic Hosking, Breakfast with Vida, Retirement, Communities,
Life your Way, news, togs Head be.

Speaker 2 (15:04):
Don't you love a pecuniary list? I've got this year's
parliamentary one. Ginny Anderson got nothing nothing, which is not
as sad as Chris Hipkins, who got nothing. That's the
leader of the opposition for you, Chris Bishop, Chris loves
a gift. I'll work you through some of that later on.

(15:25):
The Prime Minister got some stuff, but then you would
expect the Prime minister to get some stuff. You got
some wine from Gibson Valley, got a couple of watches,
one from NATO, one from the Thailand. Prime minister got
a lot of tickets to a lot of sports. A
lot of sport tickets going on. I've got no particular
from Mark Mitchell, no gifts. I would have thought Mark
was a bit more popular than that. David Seymour got
some hot laps. That's the best gift of all. No

(15:46):
one else I can see got hot laps. A couple
of people got hunting trips, which is a weird thing
in an angsty time. Would you go, what'd you do
over the weekend? I went hunting? Did you have that?

Speaker 10 (15:57):
Does make you wonder how they voted it on verious
different gun.

Speaker 2 (16:02):
That's exactly my point, Blenn. This is why we have
a pecuniary list. You have a look at this, but
no one appears to be more in receipt of the
gifts than Rachel Boyak, who exactly and you go, who
how come someone you've never heard of got so much stuff?

(16:22):
More shortly twenty two to seven, Richard Arnold Trump was
on Capitol Hill today talking about medicating the budget, build
a big, beautiful budget bill. So more on that shortly
back home, though very exciting you insight into our retail
sector that might surprise you. One, in a world of online,
we still love the bricks and mortar. And two, despite
the so called cost of living crisis, we need about
two hundred and fifty thousand square meters of new retail

(16:43):
space over the next five years. This all comes out
of the Retail Property Insights Report from j l L
and their head of Research and strategic Consulting is Chris Dribble,
who is with us. Chris, very good morning to you.

Speaker 11 (16:54):
Yeah, morning Mite.

Speaker 2 (16:55):
It sounds bullish, is that fair?

Speaker 1 (16:58):
Here?

Speaker 10 (16:58):
Look, I mean the way that we've this research has
looked at basically the ratio between how much retail space
we currently have and the population at the moment as well.
And so when you look at that ratio, which is
around about zero point five square meters per person across
the country, then when you look at the population growth
that New Zealand's going to go through over the next
sort of five years. We can understand that to keep

(17:19):
that ratio, we just need more space.

Speaker 2 (17:20):
How solid are you on the population growth, because I'm
very fearful at the moment there are too many people
leaving and not enough people arriving. Therefore the numbers don't
quite stack up to what you're suggesting they may do.

Speaker 10 (17:30):
Yeah, look, there's always going to be those issues around forecast,
but I think one of the key things at the
moment is we've sort of seen that start to turn
in the net migration numbers.

Speaker 11 (17:38):
There's always a lot of people that want to live
in this great country.

Speaker 10 (17:41):
So from that side of it, well, we take our
forecasts relatively conservatively, and so from that perspective, we think
that this is a pretty good number. Is it all
in Auckland, No, across the country, So that's one of
the other key things at the moment. And so we
are seeing a bit of development across the country, which
is positive. That will help to start I guess eat
away at some of this growth there was required in

(18:01):
retail floor space, but yeah, there will need to be
a lot of that around. In Auckland, they've got around
about a third of all the retails supply across the country,
So from that perspective, it is a significant amount that
will probably happen in Auckland.

Speaker 2 (18:12):
What is two hundred and fifty thousand square meters? I
mean literally, what is that like? Is that like a Westfield?
Is that seven west Fields? Is it fourteen cost Cos
and a Smith and Caley?

Speaker 10 (18:22):
What is it?

Speaker 7 (18:23):
Yes?

Speaker 10 (18:23):
I guess you could look at the Westfield new Market
that's around about eight thousand sort of square meters.

Speaker 11 (18:27):
So you could look at that and say, well.

Speaker 10 (18:29):
Look we need sort of three or four of those
sorts of types of developments. Obviously not in the one location,
but yees spread across the country in different types of format,
because that's one of the things from a consumer perspective,
it's the variety of retail that is interesting in attracting
them into the shops.

Speaker 2 (18:43):
I've argued long and hard for years that when everyone
got on board, they are you online in the future
and you'll never have shops left. That that's not true.
What has anything happened? Or is it just you know
that bricks and mortar works for people, always has, always will.

Speaker 12 (19:00):
Yeah.

Speaker 10 (19:00):
Look, I think from what we sort of see, you know,
in New Zealand Post numbers, so that online retail spends
New Zealand is around eleven percent, the UK is around
twenty seven percent. So there's differently differences across the world.
But from outside of it, New Zealanders they love that
physical experience that they get when they get into the
retail premises.

Speaker 11 (19:17):
So from that perspective, it's that install.

Speaker 10 (19:19):
Retail experience that's really important. And when retailers are doing
that right, that's where they're starting to.

Speaker 2 (19:23):
Win good stuff. Chris appreciate the inside. Crystbble, who is
the JLLL head of Research and Strategic Consulting, speaking, what's
ninety minutes away from seven what's literally happening in America?
Because you've got the downgrade the other day, So they're
borrowing costs have gone up, so the more risk you are,
the more you pay. Their long term debts are passed
the five percent mark on Monday, and that's five percent

(19:44):
they're paying on thirty six trillion dollars. So do those numbers,
I mean, you can't do the numbers, as so many
zeros involved. Meantime, your mortgage rate, your bog standard mortgage
rate in America has now crossed seven percent. Look at
what you're paying here, and it's going up in America.
And that's all on Trump, and it's all on the tariffs,
and it's all on the recessionary vibe in the economy.

(20:06):
It's real.

Speaker 1 (20:07):
Eighteen to two The Mike Hosking Breakfast Full Show podcast
on iHeartRadio powered by News.

Speaker 2 (20:14):
Talks a b you pull out from the UK this morning,
the other you gov. It seems to be cementing and
becoming a reality. The Tories are now fourth so and
Bad Knock's in some deep trouble. Not a lot of
people back Bad Knock at the best of times, and
she's not helping herself. Tories are on sixteen percent Lib
Dems and this is the news they've overtaken. So the

(20:35):
Libdems are our third on seventeen. Labour's stuck on twenty two.
Reform up again one point to twenty nine. Contersting Times
Ay six.

Speaker 1 (20:41):
Forty five International Correspondence with ends and eye Insurance, Peace
of mind for New Zealand business.

Speaker 2 (20:48):
Richardald S, Thanks very good morning to you, good money mane.
So the old trump'ster's on Capitol Hill budget time where
we're we at.

Speaker 12 (20:55):
Yes, he's made the big push for this multi trillion
dollar budget efforty much stup to the capital today try
to cajole lawmakers to support what is seen as his
biggest legislative effort. Is is a budget planet would lock
into place tax cuts favoring mostly the wealthy, well also
adding one hundreds of millions in funds for military expansion
on border controls. This would add around three point three

(21:17):
trillion to the US budget deficit, which already is at
thirty six trillion US. The bill is being attacked within
Republican ranks from both sides. Some say it's definite spending
that they simply cannot sign on to. Others say it
is a move that would deny health insurance coverage to
an estimated seven point six million people. Trump spoke to
this close meeting of the party, lashing some of his

(21:39):
critics of grand standards and warnings the party quote don't
f with medicaid. Republican leaders say Trump was effective, and
Trump himself says the meeting was excellent. Love.

Speaker 5 (21:51):
There was no shouting.

Speaker 2 (21:53):
I think it was a meeting of love.

Speaker 12 (21:55):
Yes, it was a love as Trump, which is not
what some others said as they left the meeting, but
Trump insists that at this session there was unbelievable unity.

Speaker 7 (22:06):
I think we're going to get the everything we want,
and I think we're going to have a great Thingtory.

Speaker 12 (22:11):
Not all Trump predictions come about, of course, like ending
the Rush Ukraine War within twenty four hours of his
re election and so on. The Republican House majority is
obviously fragile. They can't afford to lose more than three
votes in any of these things because of the slim
majority that they have. Lauren Davidson is one who says
he still is a no vote on this particular bill.

Speaker 13 (22:31):
I couldn't look for this store right now.

Speaker 7 (22:32):
I mean it grows Duff's spending right now.

Speaker 12 (22:34):
Well, another Republican who is yet to be persuaded is
Jimmy Patrona's what I took.

Speaker 11 (22:39):
That is, Hey, everybody figure it out. Everybody get in
that room and figure it out for the country and
for your district.

Speaker 12 (22:44):
Well, the deficit hardliners might be the toughest to win
owner over with any of this, but they've caved before,
for instance, when Trump added seven point eight trillion into
the national debt during his first term. As for the moderates,
the political joke is if they ever showed a spine,
it would be the first. Democrats are saying that despite
the Trump assurances on Medicare, millions will actually lose coverage

(23:05):
under the current plan, which they describe as a nightmare
being forced through in the dead of night, with the
next committee votes set for late this night. All this
is only phase one, of course, of the budget battle.
It still has to work his way through the Senate
even if it gets the not in the House. So
Trump is pushing hard, but it's not a done deal
as yet. Meantime, there is this interesting exchange with Elon Musk,

(23:27):
who says he will spend less on political donations in futures.

Speaker 14 (23:31):
Says Elon, in terms of political spending, I'm going to
do a lot less in the future.

Speaker 1 (23:39):
And why is that.

Speaker 11 (23:42):
I think I've done enough.

Speaker 12 (23:44):
Laughter ron Q. So it says the richest man in
the world who has left Washington, d C. With his
reputation a bit indeed, and he's.

Speaker 2 (23:51):
Pledged to stay with Tesla for five more years. I
note with interest. Now Aiden Alexander's parents have taught Yeah,
most will.

Speaker 12 (23:58):
Have seen the images of this young this young boy,
even being freed by Hermas last week was Raeli American.
He was held for five hundred and eighty four days
as a hostage. The twenty one year old is said
to be pretty week still. He's just given the okay
to leave hospitals, and now his parents are speaking out
and sharing a little of what their young boy went through,
and they are voicing gratitude again to see whit Coffee

(24:20):
Trump envoy who negotiated their son's release. Others still are
being held by Hamas. There are fifty eight other hostages
yet to be accounted for, many of those believed to
have died. Eden's father eighty says, when he and his
wife were able to see their son after such a
lengthy ordeal.

Speaker 15 (24:37):
It was out of body experience. I couldn't walk actually,
when we went to this tiny apartment than some army base.

Speaker 1 (24:45):
I never been there.

Speaker 16 (24:47):
I was walking like I felt like in a tunnel.

Speaker 15 (24:50):
I couldn't remember anything until I saw this tiny room
and the Yalist aganem. It was unbelievable moments.

Speaker 12 (24:57):
Yeah, that's some description, isn't It was taken on the
day of the mass massacre and went over the seventh
and twenty three. Of course, he had seen images of
his parents pleading for his life on televisions and says
they gave him hope. As for specifics of what he
went through, his parents say they're not pressing him for details.
They're waiting until he wants to speak about whatever. But
he did hear something of the conditions under which he

(25:19):
was held for those many, many months, especially at first,
it was.

Speaker 11 (25:22):
The really rough.

Speaker 15 (25:23):
He was moved a lot between sites, apartment's tent underground,
above ground, the alleys, slept on the street.

Speaker 11 (25:33):
Just damn it.

Speaker 12 (25:34):
It was the complete shell, including those long periods in
the tunnels where he never saw daylight for so many days.
Another free captive for Segai decl Schen, who was held
for four hundred and ninety eight days, has visited him
in the hospital, and what they all went through is
really unbelievable.

Speaker 2 (25:49):
So you probably might appreciate it. Richard Donald, sit side
for you. Just Sysame Street has been said, by the way,
you'll be aware that Trump pulled funding for PBS and
Sysame Street was part of that. So Netflix gone and
picked it up. They've struck a deal, and it's a
good deal too, because they're going to make a new
season of Sesame Street. They're going to run ninety hours
of previous episodes, and they're also going to make it

(26:09):
available to PBS. So I guess that's win win Night
Away from seven.

Speaker 1 (26:14):
The Mike Hosking Breakfast with al Vida, Retirement Communities News
Togsdad be if you.

Speaker 2 (26:19):
Can be bother to have a look at the growing
commentary around the so called free plane from Qatar, it
is suggested it wasn't a gift or an offer at all.
Trump went to Boeing and said, how about it, where's
my plane? And they went, look's going to be years,
at which point he packed is sad and he said,
I want a new plane. So Boeing wanted off around
the world and looked at some of the customers who
may have a plane that they could sell or lease.

(26:42):
They went to the kataris the carriage. He said, we
can do a business, we can do a deal. So
the idea that it's a free gift and stuff is
not necessarily the case at all, but well worth following
because that's bubbling. Mike, nearly another billion dollars announced yesterday
on budget spending. Surely all of the spending is going
to be borrowed money. What's going on. They keep saying no.
Chris Bishop was a bit equivocal yesterday. I'm not sure

(27:04):
whether he said yes or no or a bit of both.
But I'll tell you what. That's going to be the
thing to watch for yesterday. But you know, all the
head will be the usual headline. Twelve dollars for this
and eighteen million dollars for that. Have a look at
where it's coming from. That's your critical part, Mike. Could
you please ask the Prime Minister what's happening with the
Overseas Investment Office and potential changes. It's critical to our
country that we get this sorted to stimulate growth. Mark

(27:25):
I've already done it. They announced over the weekend a
couple of people are going to run the new Investment
Office New Zealand Inc. We're open for business. A couple
of people are going.

Speaker 17 (27:32):
To run that.

Speaker 2 (27:32):
They're setting it up as we speak. Wheels are turning
five away from seven, while.

Speaker 1 (27:37):
The ins and the ouse. It's the fears with business
favor take your business productivity to the next level.

Speaker 2 (27:44):
Now, there is another one of my themes, this this
streaming world that we're in at the moment, and how
everyone's so damn confused. It's got to be eventually bad
for business. So the NFL National Football League American Football
they released their streaming schedule for twenty five twenty six.
So how many different subscription services do you need? So
if this year you want to watch all the games,
in other words, you're an NFL and you just want

(28:05):
to watch the NFL, you will need Amazon Prime, Netflix, Peacock,
YouTube TV, ESPN NFL plus NFL Sunday Ticket Paramount plus
Fox one streaming service. Roger Goodell, who's the commissioner, says
they could double the amount of overseas games they play
them in the near future because that offers unique broadcast
deals as well. So what's the cost of all of this?
USA Today came out with the cheapest. If you want

(28:28):
to bundle the packages up, ring around, make sure you're
streaming services all on the same page, and super dupa
dupa it's eleven hundred year Zealand dollars one one hundred
yew Zealand dollars simply to watch one sport for one season.
If you're paying for each service individually, you can blow
two thousand, five hundred and thirty three dollars for one sport.

(28:50):
For one season. Somewhere along the line, this is going
to implode on them, and not just the NFL, but
streaming in general. It is so convoluted, so complicated, that
people simply give up.

Speaker 17 (29:01):
At least NFL is like a super long season.

Speaker 1 (29:03):
It goes for most of.

Speaker 10 (29:04):
The year, and you're getting the wrong for money.

Speaker 2 (29:06):
Seventeen games plus playoffs and it's big bucks is And
so not only is it convoluted, it's getting more expensive
to be convoluted. There are very few products in the
world that you can make harder to get access to
while also making them more expensive. And the customer goes, oh,
I can't get enough of that. Judith Collins, I thought

(29:29):
yesterday was genius. So she starts out lays the case.
Hipken stands up. I thought he was actually pretty good
in his argument. Then Bishop stands up and goes, we'll
do this another day, and everyone goes, what heaven there?
So Judith Collins Winston Peter's, by the way, I'm blocking
foreigners buying houses. He might have some good news for us.

Speaker 1 (29:47):
I hope news opinion and everything in between. The make
costing Breakfast with the range Rover villa designed to intrigue
and use togs headbs.

Speaker 2 (29:58):
Seven past seven, So it had a touch of the
Turkis peace talks. I thought about it, didn't. I mean,
a lot of build up to the big day, the
big event, only for the government to go for the
adjournment on the privileges debate around the Marray party. So
we're back to at June five, tomorrow Fortnight Privileges Committee
cheered Judith Collins is with us. Very good morning to you.

Speaker 14 (30:13):
Good morning mate.

Speaker 2 (30:14):
A couple of new things if you wouldn't mind, Chris
Hopkins suggested you said uncivilized behavior from indigenous people.

Speaker 11 (30:22):
Did you No, absolutely not.

Speaker 14 (30:25):
I think he was referring to my interview with you
last Tuesday when I said there is a lack of
stability now and it's not acceptable. It's entirely wrong for
Hipkins have done that, and I've called on him to apologize,
and apparently he's going to think about it.

Speaker 2 (30:40):
Well, he owes you an apology because if you didn't
say you didn't say it, and he suggested you did,
he started walking it back, saying you'd heard about it
in the media, et cetera. So he's got that wrong, right.

Speaker 14 (30:49):
He has absolutely got it wrong.

Speaker 2 (30:52):
Palm Jeet Palmer, who's the act member of the committee,
is the one who wanted some prison time or to
invest gate the possibility of prison time. Does that make
it political from the committee's point of view, or was
she genuinely looking for context as to what the Privileges
Committee can potentially do?

Speaker 14 (31:13):
Well, I know that people were genuinely looking right across
the borders all the options, and there's nothing wrong with
asking what are the options? Because from her point of view,
I think she's just saying, well, I've heard that these
are some of the things. Why you know, on what
basis would that be possible? But also what are the
old range of options? There's nothing wrong with look at

(31:35):
the options. The problem is, of course, is that married
party wouldn't apologize, would say married partiship. So it's only
three of them, wouldn't do anything, wouldn't meet us at all.
And of course their behavior, those three MP's in particular,
was so bad that day that certainly I've never seen
it before. Winston never seen it before, no one's seen

(31:58):
it before.

Speaker 8 (31:58):
I thought.

Speaker 2 (32:00):
I thought Hipkins made a reasonable fist of the debate
yesterday after your opening, with the exception that the examples
he gave of people beating each other up in the
lobbies and tractors being driven up the steps. None of
it's happened on the floor of Parliament. Interrupting a vote
in a business of the day, has it?

Speaker 14 (32:16):
Yes, No, it has not. And I think you know
Hipkins are showing that he likes to talk. Actually, the
other examples he gave was Julian Genta, and Julian Genta
did not do anything at all as egregious as what
happened that day. She didn't interrupt the vote, Telly.

Speaker 11 (32:34):
She didn't.

Speaker 14 (32:36):
She didn't actually threaten people with the with a gun
sign and she you know, there's lots of it. And
also she very quickly apologized and she showed contrition when
this was an entirely different situation. So there was obviously
always attempts on mcclersey to compromise. But you saw what

(32:59):
hipcon was offering yesterday, which was one day suspension for
Tea and one day you can't work.

Speaker 2 (33:08):
It out what you don't want to be within a
million miles of the Marray party. Why why is he
playing boot lawyer?

Speaker 14 (33:17):
Well, presumebly he thinks that that's that's who will go
into business with should he get an opportunity of being government.
I mean that's there's also, of course the very close
relationship with Woody Jackson and John timmer Herry who was
the president of the Murray Passy.

Speaker 2 (33:34):
I think that's it, okay, completely out of left field
and just for the fun of it. I note in
your pecuniary list of gifts you you've got a chairman's
lounge pass for Quantas. Is it worth it?

Speaker 14 (33:47):
I've been able to use once and it is. Actually
it's quite nice.

Speaker 2 (33:53):
Yeah, good to talk to you, Judith Collins. I'm going
to go through the list throughout the morning. But she
got a chairman's lounge parts of the Quantas Quantus chairman
as Large apparently is like the place to be and
very few people get it. It is eleven minutes past seven,
passing the Hipkins in just a couple of moments. And
what he allegedly said, and I didn't realize it was
out of this program. You should listen to this program
more to get as fact straight. Be that as it may.

(34:13):
We've got new data out this morning that shows there's
a mess. I think we already know this in our ed.
So what happens is occasionally in your ed you'll get
at voucher and the use of vouchers and that allows
you to go to an after ours clinic and the
voucher covers costs of up to two hundred dollars. Now,
the number of vouchers issued at why Tackrey Hospital, for
example alone just Y Tackery Hospital in Auckland's risen nearly

(34:36):
sixty percent.

Speaker 11 (34:36):
Now.

Speaker 2 (34:36):
Luke Bradford is the Royal New Zealand College of GP's
medical director. And here is well, this looked very good
morning to you morning, Mike. Are numbers kept on this?
Would all hospitals? Have you know we handed our X
number of vouchers for X number of dollars or not?

Speaker 11 (34:50):
Yeah? They should do. They should do those who are
running the.

Speaker 2 (34:53):
Schemes, okay, and so do we have any idea with
the wy TACKERI is an outlier at sixty percent orere
everyone's handing these things out left, right and center.

Speaker 11 (35:01):
I think the sixty percent increases is probably fairly typical
for a couple of reasons. I think probably the total
volume is quite high at white Tach Rec compared to
a lot of other places in the country.

Speaker 2 (35:12):
Okay, the discipline. Do we having an understanding? Are they
handed out with alacrity or do they go, look, this
is a desperate time, here's a boucher.

Speaker 11 (35:22):
Certainly, the experiences I've had from the hospital's ideal within
they have plenty and rotor they're handed out more when
things are desperate. In fact, probably a little bit underused.
So when the waits get up to a long level
and people are going to have to sit there for hours.

Speaker 2 (35:38):
So people are cognitive that there's money involved in this
and we just can't hand out the sort of money left,
right and center.

Speaker 11 (35:44):
I think that was the initial case. I think now
that the pressure is on for the six hour target,
that's probably where we're seeing some of the shift. And
so we know that that one of the five targets
is that you're in and out ved within six hours.
So the severe used the vouchers, and actually they in
that whole economicy and they use it. It's probably cheaper

(36:06):
to give out a one hundred and fifty dollars voucher
or two hundred dollars voucher given them the average d
costs for a visitors eight hundred, that's you know, and if.

Speaker 2 (36:14):
We got to the bottom of this. When you're handing
out vouchers and the queue is long, is the que
long because there are people dying in desperate need of help,
or some people have got a few sore things that
they thought might pop in and have a look at.

Speaker 11 (36:27):
Yeah, it completely varies on the day. The medical teams
are all involved with people who are really sick, then
everyone else is waiting. But a lot of people do
end up in ED when perhaps they wouldn't need to
be there, It wouldn't be the optimum place, but when
it's expensive to be seen in the community, they often
choose that option.

Speaker 2 (36:42):
So it's a miss, like a big, fat, ugly miss.

Speaker 16 (36:46):
Ah.

Speaker 11 (36:47):
No, I think it's it's probably a reasonable way of
trying to help the flow of things learning what we
have is a recession and increased health need and probably
under resource dds and so this is a a solution
that's been thought up.

Speaker 2 (37:02):
Yeah, okay, I appreciate it very much. Luke Bradford, who's
the Royal New Zealand College of General Practitioners EDS, I
can tell you a few stories about ed's. They can't,
but I would like to, but maybe one day I will,
maybe on my second to last day, I will because
we've had experience at the public hospital lately and I
can tell you it is a shit show in there.

(37:23):
Fourteen past seven.

Speaker 1 (37:26):
The Like Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at b Winston.

Speaker 2 (37:33):
Peter's on the foreign house buyers ban. Shortly seventeen past seven,
so maybe some good news on this ongoing grocery debate.
Z Energy of announced they're looking to expand their role.
So they've got these top up shops, which they argue
is the sort of the stuff you need between the
big shops, So they're expanding some of those. Sioux Chapman's
the chair of the Grocery Action Group, and Cheese will
us soon morning, good morning between the warehouse and these

(37:54):
sort of offerings. Is this a sign the market's kind
of responding or sort of working or not.

Speaker 13 (38:00):
Look, I don't think it's a sign that the market
is working. I mean, really, what we need and what
I think Nikola Willis has realized, is that we need
light for light competition. So we need you know, big
supermarkets like New Worlds and light packing saves or competing.
This is you know, this is sort of I mean

(38:21):
cynically you could say, why are they announcing this at
this time, because they are also, of course a market
that's under investigation for sort of duophilistic type behavior. But
you know, it's slightly good news for consumers. I imagine
everything will be reasonably expensive. They won't have anything fresh
or frozen, which is kind of where the big competition is.

(38:45):
So a yeah, if you want to top up at
it at a gas station, you might be able to
get some bits and bobs, but you won't be doing
your grocery shop there. And this is not the answer
to our problem with some very high grocery prices.

Speaker 2 (38:57):
Do you believe Willis when she yet again says yesterday
out of the budget she's back into them. I mean,
what magic is she going to wave our way?

Speaker 13 (39:06):
I don't think she's going to waive any magic, but
I think what she's going to do is say, you know,
we can't keep listening to the geopoli saying you know
that that we do have competition in New Zealand. We
don't you know, they've got sort of eighty ninety percent
of the market between two In Australia, they complain when
the jeopoly has got sixty percent of the market. So

(39:28):
she's going to have to look at ownership quite seriously.
But in the end, it may well be that the
supermarket owners still own in the food stuff area their shops,
but they you know, they have a different sort of
head office. There are all sorts of ways of cutting this,
and I think she's seriously looking at how that might
happen for the benefit of consumers.

Speaker 2 (39:48):
Let's see what happens to appreciate it, chair of the
gross Reaction group. So Chetwyn back to Hipkin. So he said,
uncivilized behavior from Indigenous people is what Colin said. That
was his claim. She said, not true, you heard her
say that. He then defends his comments by claiming Collins
had talked about the lack of stability from the married party,
which is a completely different thing. Uncivilized behavior from Indigenous

(40:10):
people is not the same as saying talked about the
lack of stability of the married party. It was on
the record last week, he said she was talking about
in the media. I understand she was talking about the
married party at the time. So he's understanding. He doesn't
have a clue what he's talking about. He's making it
up as he goes along. My understanding was that the
interview was all about the married Pacey, So he didn't
hear the interview, didn't bother to go look at the interview,
didn't get any details that this is the leader of
the opposition. For God's sake, he said he was working

(40:33):
off what he had seen reported, happy to go back
and look at it. So give her a spray and
heaven for that I'm wrong, and if I am, I'll
go back and look at it. He owes her an apology.

Speaker 11 (40:45):
I didn't read much of the news over the weekend.

Speaker 2 (40:48):
Yeah seven a bit busy.

Speaker 1 (40:52):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, Howard
By News Talk SIB.

Speaker 2 (41:00):
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(41:42):
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that the bargains at Chemist's Warehouse Asking seven twenty four.
So Chris Heidkins needs help as far as I can
work out for the life of me. As I said
to you, ah the moment. Ago got no idea why
he's wasting his time defending the Marry Party. He sees
their punishment's too harsh. Problem one is he doing it
because it is seen as anti government. In other words,
despite him saying he wasn't going to bark at any

(42:04):
passing car, ebarks at any passing car. Problem two. This
reinforces the general view that the Labour Party are soft
on people who break rules. Consequences should always be watered down.
Problem three. He is the leader of a major party
and the major parties represent you would have hoped a
bipartisan view that behavior and rules in etiquette are to
be adhered to in a place of national leadership. Problem four.

(42:25):
The Marory Party are nothing but trouble, and you want
as a centrist to stay well clear of them. They
don't like Parliament, they don't even believe it should exist,
and if it does exist, they should have a separate
one for themselves. Hipkins is like some tragic legal aid
boot lawyer who defends the hopeless for the sake of it.
There is no upside for him, and yet in budget
week he has brought into the narrative yet again that

(42:45):
some poor SAPs have been hard done by and it's
all not fair and he somehow has to be on
the side of the victim. Problem five. So whatever you
want about the Privileges Committee, but it is the Parliament's
long stand in court and his party is part of it.
It seems odd and undermining that you're willing to partake
in the process then bag it when it reaches a conclusion.
Problem six. A few of his own members, of course,

(43:07):
were part of the original crime that infamous day when
things went dramatically to the pack, So maybe he feels
like a hypocrite given Penny Henerray fell on his sword
and the others were too belligerent to do so either way.
Problem seven. New Zealanders want like and demand standards, so
he's on the wrong side of this. And problem eight.
When we aren't wanting to improve behavior, we wouldn't mind
the big players and the political game concentrating on the

(43:29):
big issues like the mess economically we're currently and as
engineered by the bloke who's busy barking at passing cars,
The Greens and the Murray Party of minor players and
not serious people. Labor are supposed to be serious, So
how about giving it a crack like Cask Winston. If
he's going to apologize to the heckler at Wellington Rail
yesterday who may now lose his job, Grant, get real,

(43:51):
he's not apologizing to him. He's the one who started it.
It is an interesting debate as I wouldn't have thought
he's going to lose his job, but it is an
interesting debate as to when you're an individual and when
you're a member of the company. Now, the problem was
he was wearing his Tonguin and Taylor as the company's
wearing his Tonguin and Taylor Lanyard. Can I just say
something just for the record, this is just me. Don't
wear lanyards. They are the rudest thing going. Do not

(44:15):
put pens in your pocket or wear lanyards. Wake up people.
And as for you people who got your cards, your
swipe cards on a stretchy bit of elastic to your belt,
come on, get it together. You probably wear That's what
I do exactly, say no more. You're a docker Docker
wearing a belt. It's not a laster Mike counter experience

(44:38):
to yours. At ed Auckland Hospital, people great dedicated, intelligent,
thoughtful nights moved us forward on a diagnosis that was
a bit stalled in health service outside the hospital timeframe
is reasonable communication mostly very good Bryce, well done, Bryce
seeing it straight to swimming and Brown. We found somebody
who likes the public houses broadly in our experience, and
I won't breach privacy. I don't want to do any
of that. The operations side of the equation, one hand

(45:01):
didn't know what the other was doing. Complete chaos, absolute shambles.
After care brilliant. So it depends on what bit of
the health system you touch on what day and who
you're lucky or lucky enough to be involved with. Is
my summation of that. Hey, Winston Peters.

Speaker 11 (45:17):
Is next.

Speaker 1 (45:19):
New Zealand's home for trusted news and views. The mic
asking Breakfast with Bailey's real Estate, your local experts across residential,
commercial and rural news talks head been billygo Marke.

Speaker 2 (45:31):
I've just had seven days in Tawer and a hospital
can't fault the system. From my original diagnosis to now
have been very impressed and very grateful. Well well done
you just to wrap up my story. The other thing,
the aspect that the language, the language and behavior of
too many of the patients in the hospital towards the
staff has to be seen to be believed. It is

(45:51):
literally third world politics. Wednesday, Mark machil Ginny Anderson after
eight meantime. Now listen, I mentioned earlier this week we're
the Prime Minister. This apartment of I read about in
one roof over the weekends for sale and downtown Auckland
at seventeen million dollars. It's been on the market literally
for years. Real estate agents keep talking about offshore interest.
Trouble is, unless you're an expat or Australian or Singaporean.

(46:12):
You are locked out of buying property in this country,
of course, and yet the government have beig on foreign
capital golden visas. The hold up is New Zealand First,
who are blocking a move to loosen up access to
the property market. Our rumors have swirled around the place
about negotiations. We talked about all this with the Prime
Minister on Monday. Of course, Sir Winston Peters is with us.
Very good morning to you.

Speaker 7 (46:31):
Good morning.

Speaker 2 (46:32):
Just before we get to housing, tomk and Taylor, what
should happen to the bloke who abused you yesterday?

Speaker 7 (46:37):
Do you think, well, you know, as an importing circumstance,
Wellington and Auckland desperate need railways and need infrastructure. The
need investments and need to bet it now. And I'm
making this announcement and this guy comes out of left
field interrupts U from behind, look like a security matter,
and a security guy said move on. Then we're on

(46:59):
the front of the red it's history now. Tom and
Taylor called me to say, look, they have seriously apologized.
It's well now it's for them now an employment matter
and that being the case over.

Speaker 2 (47:07):
But you don't want to comment on it, okay, when
in your view, and you're a lawyer, when do you
lose being an individual and start being an employee for
a company.

Speaker 7 (47:19):
When you sign up to the code of conduct when
you got the job in the first place, and if
you're wearing their company's insignia, then maybe you should be
remembering that.

Speaker 2 (47:29):
Okay.

Speaker 7 (47:30):
Also, and also if your company actually gets contracts from
a Kumi rail on from railways, would we otherwise to
you to keep the counsel, wouldn't it?

Speaker 2 (47:39):
Yes? It would if he loses his job. Would you
feel bad?

Speaker 7 (47:44):
No, I wouldn't faintly because I tell you I'm not
going to be part of the process anymore, because I've
said it Tom and it's over to you. But this
sort of behavior where you just come along and there's
a whole lot of people saying there, including the media,
and you decide your first thing you'll say is bullocks
and start acting someone without listen to what he's saying.
That behavior is far too prevalent in New Zealand. It's disgraceful.

(48:06):
We're not going to put up with an inside of
Parliament or outside of it.

Speaker 2 (48:09):
Okay. Do you know what the word moraification means?

Speaker 7 (48:13):
Yes?

Speaker 2 (48:13):
How come they having so much trouble with it at
the moment.

Speaker 7 (48:18):
Look, I got kicked out of partment yesterday because I said,
you know what I have being involved in moraification. But
I went down and got a suntann every Thursday to
make myself look darker than I really am so I
can be more able to claim the Mari quantumist that party.
Maria did and for that and I used the first
party just a simple question. The speaker kicked me out.

(48:40):
Now you know there was a time when humor did
matter in this country and exposure hi popacy in a
humanus way does matter. So I've got no regrets about
that at all. Moraification actually means without mandate and without sanction,
and without discussion or debate with the New Zealand public,
You elite in the civil service and elsewhere decide you're
going to change the whole country. With the country likes
it or not. It happened massively between twenty twenty and

(49:02):
twenty three three, and it said I've durn and Crucipkens
and we're not going to go on doing that because
in the end, the orderly people of this country, whatever
their background, their feed or their race, they're the ones
that matter.

Speaker 2 (49:13):
But here's the problem. And I rose this with the
Prime Minister on Monday and it came out and I
asked them specifically about your case with m Fat and
the job, and the reference or reporting seemed to indicate
that you're upset and your questioning of that job add
was a surprise to them. How is it possible that
a year and a half into a new government, all

(49:34):
parties of whom campaigned on the morification of this country
in rectifying it, they can still eighteen months and be surprised.

Speaker 7 (49:43):
Look at the old River Thames mantras, which I've used
for forty more years and more years of my career
in politics. You know how it goes. We men may
come and men may go, but I go on forever.
Well it's that sort of complex that's in the civil service,
who say, despite the that's wipe the people's boys, despite
the mandate that was given to a new government, Well,

(50:05):
well they'll wait till you go and they'll carry on
us before. My answer them is noble, you won't. You'll
do what the coalition agreement says. And if you don't
do that, then we're going to come for you, because
you're not responding to a democratic bush.

Speaker 2 (50:17):
All the people right, help me out here. Seventeen million
dollar apartment in Auckland. It's it's not sold and there's
interest from overseas. You're blocking it. What's your problem with it?

Speaker 7 (50:31):
Well, mister Husking, the first thing is you're in real estate.
Your nervous been on the market that long. It's overpriced.
It's number one. Don't ask it. Ye going to ask
every real estate Agentel Dad is massively over priced. The
second thing is this, Look, this is not the area
that we're concerned about. The National Party campaign on two million,
which would take we should take double that at five million.

(50:54):
It would take two hundred houses to get to one billion,
and that's still not an investment in their country. Is
just a bolt hole for them in case they wanted
to come or not. You remember the person who got
in six days from the John K Govern's sissenship to
buy in the South Island. He's never spent one day.

Speaker 2 (51:10):
I get all that. But if you're out there as
foreign minister, and and you've got your golden visa, and
my understanding is the golden visa's working, and the is
interest and the and the bloke comes from San Francisco
and he wants to buy, you know, a ten million
dollar bolt hole. What's still the problem with that?

Speaker 7 (51:26):
I don't get it, because we are looking for a
commitment to our economy.

Speaker 2 (51:32):
Yeah, but that's a golden visa, is it?

Speaker 7 (51:35):
Yeah? No, no, no, that's just buying a house. What's
the investment here?

Speaker 2 (51:38):
The gold because you put five or ten million dollars
into the country.

Speaker 7 (51:42):
Yeah, but you just said that. No, he put into
a house.

Speaker 2 (51:46):
No, no, no, forget it. I'm confusing you. You get
a golden visa by investing ten million dollars into the country.
You buy a business, you start employing people. But while
you're here, you need to buy a house. And currently
under your rules you can go airbnb it or rent it.
Do seem to make sense to me?

Speaker 17 (52:01):
No?

Speaker 7 (52:01):
No, no, But see you're actually trying to you're actually
making sense with what you're saying. But that's not what
was put to us. And what was put to us
that anybody who was putting down two million could buy
a house. Well, now you can tell you this all
the leafy suburbs and art walker.

Speaker 2 (52:15):
Oh well, hold on im. Look, I'm negotiating between you
and the Prime minis. The Prime Minister told us on
Monday that you and him have had discussions and they
came up to five or six million dollars. They said, okay,
forget to five or six next to no houses in
this country you sold at five or six million dollars.
Give them some flash houses, let them buy a place,
invest in the country and get on with it.

Speaker 7 (52:35):
Oh yeah, and better still, let them build a place
something new. Sure that's not taken from the not the
marketplace where so many New Zealners are looking for housing.
Now we have not got that rigid view and the
Prime Minister should not be discussing our negotiations with you
with respect. If you want to be trusted, make sure
you get the negotiations done.

Speaker 2 (52:56):
Probably we'll always was asking a question as to what
the hold up? And you set the hold up. You
and you're having a negotiation. I just don't understand the logic.
I get your logic around say two million, I understand that.
But if somebody wants to come to this country and
spend six million dollars on a house plus ten million
dollars investing in the country building a business, what can
you possibly object to?

Speaker 7 (53:14):
Look, you make a very powerful agment and wereness thing,
and we've got a talk on that basis and we'll
hope to have them resolved very soon. But we're not
going to have the mass majority m Zealands and the
competition with the whole world.

Speaker 2 (53:25):
At nine million dollars, the mass majority of New Zealand
is aren't in competition.

Speaker 7 (53:29):
We know that's yeah, I get that, but that wasn't
where this discussion began.

Speaker 2 (53:34):
Oh, for goodness sake, I mean, I don't have time
to run a radio program in the country, for God's sake,
But this seems to me that that you're not far apart.
Why can't you sort it and just get on with
it and help this guy. All we want is the
country off its needs and working well.

Speaker 7 (53:47):
No, mister Huskin, you are talking about a bolt hole.
Should you want to come Money's days just in case
something goes wrong and you're part of the world there,
How many homes were owned here by China that would
never occupy you.

Speaker 2 (53:57):
But this is Winston's ancient history. No, no, no, no,
how tied to the Golden visa. You get a golden
visa with you five or ten million dollars and you're
allowed to buy a house.

Speaker 7 (54:06):
Why can't I do that? Look, don't tench some grandmother
suck eggs. The realities don't know what you're talking about,
and we're working on it, but the reality is we've
made a disaster of immigration policy. Go to Singapore, go
to the Inmirates. You can do a lot of things
in all those countries, but you cannot get what you're
justising for. But they come anyway because we don't have
a proper focus policy and we're tend to get this
matter fixed up. I at your point, I want to

(54:28):
see people coming with their billions, not just two hundred
people putting five minute each theme in.

Speaker 2 (54:34):
With that sort of money, they've got to be able
to buy a house, don't. I Mean, what all I'm
saying is just pull every lever, just like, make every
effort to show us that we're trying to get off
our knees here, and this seems to be a needless roadblock.

Speaker 7 (54:48):
I look for all those tens and twenties and forty
and fifty thousand people on the motorway right now, the
messages we're listening, but we're going to have a policy
that works that looks a bit like Singapore, looks like
the Emirates, looks like the smart countries that taken off
while we have been stagnant these last forty years with
this futile the idea of how what investment looks like
we're out to get. We're a party that announced that
one hundred billion dollars a future fund. We mean business.

(55:13):
But when you asked the question, how are you going
to get it? All the rest of them got an answer,
but we do.

Speaker 2 (55:17):
Ever, are you close to lifting this ban on foreign houses?

Speaker 7 (55:23):
You can say that it will not be in the budget,
but it is a work with a high concentration to
be successful and to be announced before too long.

Speaker 2 (55:32):
Fantastic. Appreciate your time very much, Winston Peters, I think
we made some ground.

Speaker 1 (55:36):
Thirteen to two, The Mic Asking Breakfast Full Show podcast
on iHeartRadio powered by News Talks it Be.

Speaker 2 (55:44):
Mike has always great interview with Uncle Winston. Unfortunately, it's
a good summary of why nothing gets done in this country.
Such simple issues get complicated for no reason at all,
and we're just stalled. He's I hope we may progress.
His wandering down memory lane. I get where is coming from,
but at five or six million dollars just look at
the real estate sales in this country. Most people ninety

(56:05):
nine percent of people can't afford a house anything over
five million dollars. People from overseas can and they invest
in the country and they spend their ten million dollars,
get a golden visa, they start a business, they employ people,
they expand they help us out. They want a place
to live. Is it that hard, really? And if it
is that hard, your texting points a very good one.
If it is that hard, then we're done for Let's

(56:26):
spend a couple of moments on some very good news,
so reap business desk. This is reported from the dairy season.
The dairy season is about to end. May thirty one.
The season ends. Almost a perfect dairy season. Is the
summation from the industry. Almost a perfect dairy season. A
cracker is another line used. Look it up and read

(56:46):
it sin lay. Their people are saying nothing short of
a wonderful season. And then we come to rabobanks report
on the meat industry and the amount of money and
where it's going and how much warning and their report
on that industry for you in just a couple of moments,
nine minutes away from.

Speaker 1 (57:04):
It, the Mike Hosking, Breakfast with the Range Rover, the
La News, togs Head Bee.

Speaker 2 (57:08):
There's me a couple of moments on this because it's
just wonderful reading to be reminded there are bits of
this country that can actually perform and do well. So
Rabobank they've had a look at the beef prices, the
lamb prices, the meat industry in general. Optimism is a
welcome guest at the New Zealand farming table. Beef pricing
has been the cherry on top, with week on week
record breaking farm gate prices through March and April. The

(57:32):
fundamentals but behind the higher price is basically good global demand.
UK and EU lamb love it beef, US love it.
Lower global supply has helped us out the beef schedule
for the North Island across the bull beef, the prime
beef the coal cow continues to hit record highs. Average

(57:53):
pricing is up fifty percent on a five year average
fifty percent. In March, the total value of beef hit
an all time high five hundred and thirty four million,
which is thirty two million more than the previous high,
so it's record after record. This is despite the monthly
volume of exports volume being ninth high, so ninth highest volume.
But the dollars we're getting quality, price breaking records. US

(58:17):
biggest market for New Zealand in both volume man value.
US demand going nowhere. They love it, can't get enough Lamb.
Farm gate pricing also strong, sitting at twenty percent above
the five year average. So I gave you dery before
the best of seasons, perfect summer. What to watch for. Tariffs,
retaliatory actions, et cetera could be an issue, but we're

(58:40):
sitting at ten percent. If it stays at ten percent
with the US, we're fine because people at ten percent
parts is like Australia, their competition with US, We're okay.
Consumer demand in America remained strong. The lower dollar, they say,
cannot be ignored, and that is a problem. And I
keep arguing for this. A lower dollar, you know, fifty
four to fifty five or forty four, you can't survive

(59:01):
like that. Strong countries have strong economies and strong economies
have strong currency. We don't, and if we're relying on that,
we're in real trouble. Long term interest rates are good
for US, they're falling further. Interest rate movement is coming,
they say. Overall, the hand that's been dealt to New
Zealand sheep and bee farmers in twenty twenty five looks
strong and if the sector pays its cards right, that

(59:24):
is likely to help boost profitability in the red meat
sector over the remainder of the season. So dairy good,
red meat good. Thank god, there is something in this
economy that is working and working.

Speaker 16 (59:34):
Well.

Speaker 2 (59:35):
Well done you guys. News I mean politics Wednesday.

Speaker 1 (59:39):
Setting me agenda and talking the big issues, the my
Hosking breakfast with a Veda, retirement, communities, life, your way,
news togs head be.

Speaker 9 (59:49):
Sometimes that I was yesterday and you still tomorrow, when
all the times still.

Speaker 1 (01:00:01):
The lines?

Speaker 8 (01:00:02):
Is it a filo?

Speaker 2 (01:00:04):
Quite like it?

Speaker 1 (01:00:05):
And back in.

Speaker 9 (01:00:06):
Before the casters, we're just standing the neck.

Speaker 2 (01:00:11):
She spent quite a bit of time playing with John
Mayer John Mayle.

Speaker 9 (01:00:15):
Today that's justus Joys.

Speaker 1 (01:00:18):
And her name is as You Wont hold On It's
like a mural.

Speaker 2 (01:00:26):
On the album is a lap steel guitarist called Cindy
cash Door and sometimes I was just about to say
her name. The main artist's name is Carolyn Wonderland, and
I don't think Wonderland's her name thought, but I'm pretty
sure that Cindy cash Doll is not called Cindy cash
doll or either, So what's going on here? I think
a lot of people have made up names. They on

(01:00:47):
the run spoke twelve tracks, started forty seven minutes and
twenty five seconds worth of this a furl It's not bad,
but it's past eight. Mitchells with us, along with Ginny
and some Good morning you too, good morning, morning, good morning.
I've got your pecuniary list in front of me. Details.

Speaker 17 (01:01:10):
Well, you heard you were very disappointed with it because
we don't have much on that.

Speaker 2 (01:01:13):
I just feel well when you say not much. Neither
of you have received a single gift. Now, just for
the record that I'm assuming you get offered things and
you turn them down, or is it really sad and
you were offered nothing?

Speaker 18 (01:01:27):
Well, I think it's a five hundred I'm pretty sure
just discussing this on offline, I think it's a five
hundred dollars limit. So if it's under five hundred, you don't.

Speaker 2 (01:01:36):
Have to So you've got a bit of stuff stashed
away there, Jinny in the cupboard that was under five hundred.

Speaker 18 (01:01:41):
We just got stuff that was under five hundred yeah,
I'm thinking of flax and you know ornaments. You know what,
you get some interesting stuff. Mark will tell you.

Speaker 2 (01:01:50):
I've bet maybe got you got any largro in the
cupboard there, Jenny, yea, the limit is five hundred.

Speaker 17 (01:01:59):
I've got a few challenge coins that were given to me.
I offered tickets to sports games a lot, but I
always decline those. Why although now I've got sport and
wreck mainly because I'm just to be perfectly honest with you,
because I'm so busy and too busy that if i
do get some downtime, I'll like to spend it with
my family. See.

Speaker 2 (01:02:18):
Now here's it's embarrassing at this particular point of time
because that was really good as an answer. And yet
I look at Chris Bishop, who appears to spend his
entire life either the Olympics or the cricket or the rugby.

Speaker 17 (01:02:31):
Well that that was just that was just going to
say that, minister. Well, I'm now the Minister of sports, so.

Speaker 2 (01:02:39):
You're going to have to turn up some sport.

Speaker 17 (01:02:41):
Yeah I do, and I and I do, and I
go to many sports events now in that role, and
I enjoy them. I love sport. I've been involved in
sport my whole life and it's got an important role
to play for us the country. But Ambish is also
the Associate Minister of Sport.

Speaker 18 (01:02:52):
And true though there wasn't they didn't used to be
as far as I remember an Associate Minister of Sport.

Speaker 2 (01:02:58):
I think he just made that up too many ministers.

Speaker 17 (01:03:01):
Yeah, well he's well, he's focused on support diplomacy and
also he's the infrastructure Minister and we've got a lot
of facilities that we want to deliver and he's got
oversight on everything that we're doing as a country.

Speaker 2 (01:03:12):
Also since also he was at the Pool Jam concert.
So he's a headbanger too, isn't it.

Speaker 17 (01:03:18):
He loves his music concerts absolutely, so Boyak.

Speaker 2 (01:03:23):
Who seems ginny to have more free tickets than anybody
else in the history of the world. She is arts
and so she would defend it by going I was
at Wearable Arts, and I was at the opera, and
I was at the choir, and I was at the
Book Awards, and I was at the ballet. She she's
doing her job, would be her argument.

Speaker 17 (01:03:38):
I take it.

Speaker 18 (01:03:39):
He she does get a lot of those events, is
arts and culture spikes person and also understanding, you know,
going along and seeing those events, how they're running, where
they they're well run, and if they funded. All those
sorts of things come up as well as going along.

Speaker 2 (01:03:53):
Okay, see Paul Goldsmith went to Pink. I don't see
him there. I don't see Paul enjoying Pink. I don't
think it.

Speaker 7 (01:04:00):
Pink. Did you go to Pink?

Speaker 2 (01:04:01):
I didn't go to Pink, but I know people pink.
But Paul Goldsmith's a bit stiff to go to Pink,
isn't he. I mean he's a bit thing like you.

Speaker 17 (01:04:08):
He's a chaffo fed, So yeah, I think you'd go
to a Yeah, a big shove foo fed. Just just
very quickly, while we're talking sport, I want to give
a shout out to us. What our pre woman's team
that beat north Shore on the weekend. I went down
watched the game. They're outstanding, so big shout out to them.

Speaker 2 (01:04:30):
Luxon got a case of twelve bottles of Gibson Valley Winery. Mark,
have you seen any of that? Does he share that
stuff with.

Speaker 11 (01:04:38):
No?

Speaker 17 (01:04:38):
I haven't, but I'll have to ask him about it. There.

Speaker 7 (01:04:40):
He doesn't drink, we should ask him.

Speaker 2 (01:04:42):
Actually, very good point. He doesn't drink right now. Our
next question for you, Ginny, Tom and Taylor is standing
on the platform at the railway station, some bloke starts
abusing you. You've got the apology from the company. Where's
the line, what's the line between being an individual and
being working for a company with a lanyard your neck
and what should happen to him?

Speaker 18 (01:05:02):
Well, when I was when I was working in Parliament,
I remember a case where someone had back in the
day when Trevor Mallard was trying to build a stadium
down by the Wadi two thousand and someone with their
work address wrote a rude, pretty rude email, so similar
case using having something work on you but taking your

(01:05:24):
personal opinion, and Trevor really went to task to the
company which was reason we well known, and said it's
unacceptable for someone to be doing that worth work. So
I think it is not a good reflection on the
company that's paying your wages if you were giving your
own personal views wearing branded wearing branded stuff is where

(01:05:44):
it goes wrong. That you can do that off your
own bat from your private email or with your own
coat over your jacket. That's your decision. But if you're
bringing your company into it. I think that's a real
what do you reckon?

Speaker 17 (01:05:55):
I just think you've made a great point. What was
de Lenya? And two? Look look, my mum raised us
to treat other treat others as you have them treat you,
and I think that he not only was he disrespectful
towards the Deputy Prime Minister in the minister on announcement,
he was disrespectful to all those that were there to
hear the announcement. But you know it's obviously up to
his company to figure out what how they're going to

(01:06:17):
deal with that.

Speaker 2 (01:06:18):
All right, brief break more in the moment, Mark and Jinny.
It is thirteen past the.

Speaker 1 (01:06:21):
Mike Hosking Breakfast Full Show podcast on iHeartRadio, coward By News.

Speaker 2 (01:06:26):
Talks It by sixteen past eight Politics Wednesday, Mark Mitchell,
Ginny Anderson. Let's not get bogged down on this, but
just a quick comment of you wouldn't mind Ginny on
what happened in the House yesterday. What is the ross
on debt of mister Hipkins and his endless defense of
the Maori Party. Why do you need to dabble in
this area? The Privileges Committee met, they made a decision.
It is what it is.

Speaker 18 (01:06:47):
Move on, well, rules are important at a time when
everything's going a bit crazy, which it has been lately.
Sticking to the rules is important for everybody, and going
to twenty one days is not sticking to the rules.
Standing orders is really clear on what the number of
days is. So they needed to make a clear distinction

(01:07:08):
as to why they departed from rules.

Speaker 2 (01:07:09):
Can I just well, okay, that was the one point
he made that I thought did make sense, So fair enough.
But that aside. What's famous about the Privileges Committee is
it's all powerful. It can allegedly, hence the prison sentence idea,
can do anything, can do anything. So therefore it is
what it is. It's been accepted as being.

Speaker 7 (01:07:28):
It is what it is.

Speaker 2 (01:07:29):
At twenty one day. There you go, don't don't point
guns at people, and don't dance on the floor and
interrupt the boat of the house. You know tried, and
what's why defend it? Why try to water it.

Speaker 18 (01:07:39):
Down, because it's important that you have faith in the
rules and faith in the system, which.

Speaker 2 (01:07:44):
You're part of the system. Though, that's the point of
the Privileges Committee everyone, So.

Speaker 18 (01:07:49):
You need to treat light. It was a split decision.

Speaker 2 (01:07:52):
But that's life. So it's a jury decision. You know,
you go to court.

Speaker 11 (01:07:55):
It is what it is.

Speaker 18 (01:07:57):
So other examples where token it and tripa Mallard are
rolling around the corridors punching each other, not in the
house's intimidating each other in the house. There's been a
couple of instance since.

Speaker 2 (01:08:07):
But not the same way. I mean, look, I just
don't get it.

Speaker 18 (01:08:11):
It's difficult. It's difficult to establish why twenty one days
and that everyone agrees that that seems a huge amount
of time and it is really consumed. Maybe it's a deterror,
right if you've got a government who's keeping opposition in
peas out, so that.

Speaker 2 (01:08:28):
You think, mate, so what do you argue Mark that
it was what it was? Or is this political or what?

Speaker 17 (01:08:34):
No, they're trying to make it political. I think that
there was behavior in the House that we have never
seen before as a country. The Privileges Committee would have
taken all of the seriousness of the offending and what occurred,
and they would have tried to apply the consequences that
matches that and pure labor style, which we had six
years of this. They want to revet. They they don't
want consequences that matches the serious of the offending, and

(01:08:55):
that's what they're going on about. Yesterday, oazat Government House
with Governor General hanging out posthumously a Bravery award to
Consul Matthew Hunt's family. I was there with Dane and
Sam and Ellie and I was also there were three
other gentlemen that received Bravery awards for their outstanding work
they did at the Linn Moore ter attack. And I
can tell you now they're not talking about this stuff.

(01:09:17):
There was bad behavior in the House. The Privileges Committee
have come down with consequences for that. We've got to
respect that and get on with it.

Speaker 18 (01:09:25):
We agree that there should be a sanction. There definitely
should be a but it needs to be should be
in line with others similar.

Speaker 17 (01:09:32):
You're challenging and questioning the Premira and that's not right.

Speaker 18 (01:09:37):
But Mark has got one good point and that people
are sick of politicians talking about themselves and they would
prefer we got back to issues like women's pay and
the cost of love.

Speaker 17 (01:09:45):
True, but that's exactly what you're doing. You keep relitigating it,
you keep talking about it, and that's not wrong.

Speaker 2 (01:09:51):
See I would have seen Jenny, if i'd if I'd
been advising you guys, I would have said, don't debate,
just get on with it, move on.

Speaker 18 (01:09:57):
We choose it that it's a government who you don't.

Speaker 2 (01:09:59):
Have to stand up. You don't have to stand up
and debate.

Speaker 18 (01:10:02):
It's an order on the order paper brought by the
government who then changed their mind, by the way and
put it off into last of the budget.

Speaker 17 (01:10:08):
You're not you're not accepting the finding of the Privileged Committee,
and you're trying to re litigate it. And you're the
ones that are keeping this thing alive. You're the ones
that continue to want to debate it. Everyone else in
the rest of the country you want to move on
as you.

Speaker 18 (01:10:19):
Got any one. It's disproportionate and we stand by.

Speaker 2 (01:10:22):
All right, quick thing, right, quick quick comment. Mark on
the budget tomorrow. What to look out for, Tell me
what to look out for. Don't you give it away?
Don't it's a question, I'm not.

Speaker 1 (01:10:34):
Just tell me what.

Speaker 18 (01:10:36):
Women's pay going to increase women's pay right across.

Speaker 17 (01:10:39):
I think I think you can definitely look out for
and what the Finance Minister has underlined and underscored is
it's a growth budget. We've got to get growth back
into our economy because that's the way that we can
continue to fund and provide world class services. It's the
way that we can grow jobs, it's the way that
we can grow wages. So it's going to be a
growth budget.

Speaker 2 (01:10:58):
Okay, what do you say you looking out for?

Speaker 18 (01:11:01):
Well, how do you get growth going when all of
those thirty three paquitdy claims are being taken away by
this budget? And that's what's paying for it. So it's
going to be known to be finished. Please let me finish,
Mark that this is the budget that will be remember
in New Zealand history. Is the budget that caused women's
pay to go backwards. And that's the truth.

Speaker 17 (01:11:22):
Well, I'll tell you how to get a growth budget
and let's not have a Labour Greens and to party,
Mary party government and place.

Speaker 18 (01:11:27):
That's how did you come up that one yourself?

Speaker 1 (01:11:28):
Digit it's a great I think it's a very good one.

Speaker 2 (01:11:32):
Nice to see you guys, Mark Mitchell, Jinny Anderson. It
is a twenty two The.

Speaker 1 (01:11:38):
Mic Hosking Breakfast with Bailey's Real Estate News Talks.

Speaker 2 (01:11:41):
Did they now you know? On this program we a
lot of celebrating who success stories and here's one that's
been doing the business for almost fifty years. No List
you do It, U d u It.

Speaker 14 (01:11:51):
You do It So.

Speaker 2 (01:11:52):
They're the DIA Kitchen Specialists that offer incredibly affordable, superior
quality kitchens that are proudly key We made the secret
Well you do It's unique use sizet system so that
lets you customize the cabinet size. There's no extra cost
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Means you can design the kitchen yourself. You get exactly

(01:12:13):
what you want. You choose from of the thirty five
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made your choices, click send then as quick as you like.
In seven days seven days for goodness sake, everything you
need is dispatched directly to you. Assembly very easy with
excellent instructions. So basically, get the kitchen you want, design
it yourself, say thousands. What's not to like?

Speaker 11 (01:12:33):
You do it?

Speaker 2 (01:12:33):
You du It are kitchens that do it for you.
You do It dot co dot Nzsky Exciting news out
of Washington this morning. He's talked about it for a while,
the Golden Dome. So Israel's gotten their dome, the iron dome.
Trump's going to have a golden dome. So we're in
the Oval office. Pete Hegseth is there. They're probably hooked

(01:12:56):
it into signal just so everyone else can listen in.
How much does golden Dome cost? One hundred and seventy
five billion dollars.

Speaker 6 (01:13:03):
Once fully constructed, the Golden Dome will be capable of
intercepting missiles even if they are launched from other sides
of the world, and even if they're launched from space,
and we will have the best system ever built. As
you know, we helped Israel with THEIRS and it was very.

Speaker 19 (01:13:22):
Successful, and now we have technology that's even far advanced
from that. But including hypersonic missiles, ballistic missiles, and advanced
cruise missiles, all of them will be knocked out.

Speaker 7 (01:13:34):
Of the air.

Speaker 2 (01:13:36):
Only problem is the immediate question if I was in
the defense force, that I would raise is that the
reason Israel has an iron Dome is because they spend
quite a lot of time getting bombed, and last time
I looked to America doesn't really spend a lot of
time getting bombed. Unless Trump knows something that I don't,
so I'd be going bang for buck. No pun intended,

(01:13:57):
mister President. I'm just wondering if we've got bit of
you know, things to spend our money on. Canada's apparently
going to be involved the new tax bill, A big,
beautiful bill is going to ride twenty five billion of
that one hundred and seventy five billion dollars and it's
going to be operational in three years. I'll believe that
when I see it, unless they get it from Costco,
and I obviously don't.

Speaker 10 (01:14:17):
I mean, it's basically the same as Israel's other than
the fact that Israel is only point two two percent
the size of the United States.

Speaker 2 (01:14:25):
Exactly well as scale at scale, isn't it you get
bulk deals of that precise You're just buy more of
the bits that you need. I'm assuming is how that
works politics? Historic day yesterday as the coalition fell apart.

Speaker 1 (01:14:38):
More shortly, the Breakfast show Kiwi's trust to stay in
the know, the Mike asking breakfast with the range rovervi
La designed to intrigue and use togs headb.

Speaker 2 (01:14:49):
Micah feel for all those protesters who took time off
work to be at Parliament yesterday only to have the
government postpone the debate. Colin Well said, the Privileges Committee
Mike have made a recommendation to suspend the Marory party
concerned why on earth doesn't the government just do it? Well,
it's not the government, they are weak and now the
Maori party. The debate goes on forever. It's the speaker

(01:15:11):
who's the problem. And he wanted everyone to have a say.
And not only did he want everyone to have a say,
he then wanted everyone to if they wanted to put
forward an amendment, and that they put ford an amendment,
then they could have a say on that as well.
So what you saw yesterday, if you watched the debate
and the bit of it that started, it was Collins,
you did a bit, Hipkins did his bit. Amendment was
then moved. But then if Hipkins had put an amendment up,

(01:15:34):
he would have got another ten minutes. Then the second
speaker amendment up and it's twenty minutes per person times
one hundred and twenty three. Whole thing's a shamble. If
you're going to have a court, which is what the
Privileges Committee is, you hear the case, you make a decision.
Another word, it's a verdict that end twenty two.

Speaker 1 (01:15:49):
To nine International correspondence with ends and Eye Insurance, Peace
of mind for New Zealand business.

Speaker 2 (01:15:55):
Chris's very good morning to you.

Speaker 16 (01:15:57):
Get o there.

Speaker 2 (01:15:58):
How one history and two out of left field was yesterday.

Speaker 16 (01:16:04):
I start with the latter, completely left field. I couldn't
believe it when I heard it.

Speaker 11 (01:16:08):
I was in the car.

Speaker 16 (01:16:08):
It came up on talkback radio and I said, what
I mean. The result two weeks ago in the election
obviously was a disaster for the coalition, and there had
been mutherings about whether the coalition could survive, but everybody
thought they would. There's no I mean to explain to people.
The Liberal Party in the National Party in the Federal

(01:16:30):
Parliament had been a coalition for more than one hundred years.
They split once in nineteen eighty seven for about four months.
John Howard was the leader of the Liberal Party at
that time, the former Queensland premiers Jovial Competers and decided
he wanted to become Prime Minister and decided to start
this thing called Joe for Canberra, which was a disaster

(01:16:50):
and they got thrashed by Bob Hawke in that election.
And John Howard took another three years to come back
and win win the prime ministership. So everyone thought, well,
you know, cooler heads will get together, this will all
get sorted out. The coalition much diminish, but they'll get
back together again and they'll fight the election in three
years time. That's not going to happen, and reports today

(01:17:12):
suggest that this split could last all the way to
the next election. And to put it into some sort
of understandable context, when Parliament resumes, which is late next
month in June, the Liberal Party will sit there with
twenty eight members in the lower House. The Natural Nationals
will have fifteen, and they'll look across the dispatch box

(01:17:35):
table and there'll be ninety three labor MPs sitting there
staring at them. And I can only imagine what John Howard,
with his acubra off sitting on a jet flying back
from Rome, would have said when his phone rang and
I presume they can ring our version of air Force
one that the coalition had split.

Speaker 11 (01:17:55):
He could not believe his luck.

Speaker 16 (01:17:58):
I mean this probably Lee, without overstating it is probably
the destruction of the Liberal Party in Australia.

Speaker 2 (01:18:05):
For YEA, it is one for the ages. I mean,
if you just go back I think about this last
night and looking forward to talking to you about it.
You go back six months and what was the conversation.
The conversation was Dutton was credible, Elbow was in trouble.
It was a tight race. He might get back probably
a minority. The economy stunk, They weren't overly happy. And

(01:18:26):
here we are six months later, ninety three seats bang,
and the Opposition has blown to pieces.

Speaker 16 (01:18:31):
And out of government for generations, I mean, without overstating it.
And when we have three year terms here, everyone was
suggesting after the election result, well Labour's back for at
least two Well it could be three now, I mean
it could be much longer than that. And when you
look around the world, and I know you have a
global beew on these things, you look at the split

(01:18:52):
of the Conservatives in the UK, with Nigel Ferras basically
now the face of Conservative polity in the UK up
against a weak ki Starma. That's what's happened here. And
I just don't know whether Australia has a Nigel Farags
for a start, but the Nationals will now drift further

(01:19:14):
to the right. I hate using that term, but they
will become the face of conservative politics. And what's going
on in this country is really fascinating because the regional
politicians that represent people who grow the food and work
in the regions. I mean, they are now saying, well,
you don't care about us, and the Liberals don't care

(01:19:35):
about us. We're out here. We've got power lines being
plowed through our farms that we don't want. We've got
wind turbines being built on our property that we don't
want being built there, and that's just making the regional
farmers of Australia angry. So they're turning toward their own
natural party, the Nationals, and I think you know one
nation will probably end up doing some sort of deal

(01:19:57):
perhaps down the line with the name party. And the
Libs are just left out stranded. As I said to
you on Monday, they don't even have one seat in
all of Metropolitan Adelaide. Where are they going to go?

Speaker 2 (01:20:10):
What happened? Just to explain it so little proud and
like why didn't they just do the Look, we'll have
a review, so especially the Liberals, we'll have a review
of where we're at, how we blew it, what's gone wrong?
Once we've done that, let's come back together, have a
chat and we'll carry on as per what blew it apart.

Speaker 16 (01:20:28):
Now, one thing blew at apart. The Nationals said, listen,
if we're going to go back into coalition with you
and you did really badly at the election, this is little.

Speaker 11 (01:20:38):
Proud to lark.

Speaker 16 (01:20:40):
What we want to be able to do is we
want to be able to have front bench ministers in
the joint cabinet to be able to say I don't
agree with that policy. And it came down to net zero.
So the Nationals are saying, there's no way Australia it's
going to get to net zero by twenty thirty or
twenty fifty, and we don't want any part of that.

Speaker 11 (01:20:59):
And so we want to be to stand up and
say no, no, you can say that you want to
agree to that, we don't.

Speaker 16 (01:21:04):
And that's what blew apart. There was a couple of
other things the Nationals wanted. They set up this really
hard one deal with the Liberal Party where they were
going to have a future fund for the Bush, Australian Bush.
So you'd have a bunch of money stuck away in
a bank account earning interest and the interests would then
go to wood pet projects of the Nationals. They got
that through the party room, and the Libs are not

(01:21:26):
guaranteed that they could keep that policy in place, so
it was over policies they fell apart.

Speaker 10 (01:21:31):
Wow.

Speaker 2 (01:21:32):
Fortunately Victoria looks really good at the moment I was
find have I got my numbers right? The debt's only
going from one hundred and sixty seven billion dollars to
one hundred and ninety four billion dollars.

Speaker 16 (01:21:42):
You've got your numbers right. The place is a complete disaster.
I mean, the one thing about the federal result is
hopefully Victorians will wake up and at the end of
next year get rid of a really bad state. Labor
government have to listen to these numbers the tax take
on Victorian So these are state taxes twenty thirty the
fifty billion dollars a year. That's up one hundred and

(01:22:06):
seventy three percent since the Labor Party were elected in
twenty fourteen. So in ten years the tax take has
gone up one hundred and seventy three percent. And the
fool who is now the Treasurer, Jacqueline Simes said yesterday
when asked about the tax take, she said, well, Unlike
Western Australia who dig money literally out of the ground,

(01:22:29):
all we have is payroll tax and property taxes to
keep the state running. I mean that is just ridiculous.
And the public service wages bill has gone up thirty
eight percent in ten years. I mean seriously, and we're
still paying something I forgot. We're still paying the COVID
debt level. I mean what COVID?

Speaker 14 (01:22:51):
I mean seriously unreal?

Speaker 2 (01:22:54):
All right, mate, go well, for see you next week.
Sleep Price in Victoria in Australia eight forty five.

Speaker 1 (01:23:00):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at B.

Speaker 2 (01:23:07):
Twelve minutes away from lie listening to your show this morning,
and how strongly you advocate for overseas buyers to enter
the property market? Offs course to wonder if you are
so ardent because the show is sponsored by Bailey's Real
Estate question mark, more foreign buyers, higher prices for real
estate in Auckland, all positive for Bailey's real estate agents.
Tell me I'm wrong, please, and you're wrong. Unfortunately, the

(01:23:35):
text doesn't make sense. Why I advocate for foreign buyers
is because this country, I don't know if you've noticed,
is on its nees economically and needs all the help
it can possibly get. Golden visas foreign buyers investment in
the country is a critical part of that particular equation,
and they're locked out of the country. So we're happy
to take the money to start a business, buy a business,

(01:23:56):
build a business, grow a business, but we can't give
them a house that in itself as a policy is stupid.
Most of the houses we're talking about not what you
and I would buy. These are the only reason I
found that example is it happened to be in one
roof and happening to be reading it over the weekend.
One roof is owned by the herald who I also

(01:24:17):
all hold on. So no one had bought the apartment
because we don't have seventeen million dollars, but somebody from
Hong Kong or Germany or England or America probably does well.
It hasn't been for sale that long, has it for
several years. All I want, all I want is this
country to get its act back together again, and that's

(01:24:38):
what I advocate for. And if it takes some people
coming in buying seventeen million dollar apartments, twenty million dollar
houses and starting companies, then so be it. We didn't
mention the dairy auction, which we should have done this morning,
last of the season. Down a smidge, but overall, as
far as dairy auctions are concerned, it's been a wonderful run.
Whole Milk down a point, skim milt down point seven,

(01:25:00):
Mozzarella's up a little bit. But where we end is
just it's been. As I mentioned earlier on in the program,
it's been an extraordinary time turn away from nine the.

Speaker 1 (01:25:09):
Make Asking Breakfast with a Vita Retirement Communities News togsad B.

Speaker 2 (01:25:14):
Got a good questions around housing one from Spain. So
Spain has ordered Airbnb to block more than sixty five
thousand holiday listings. You'll be aware that it was Barcelona.
I think last year they planned to close down all
their ten thousand apartments licensed in the city of short
term rentals by twenty twenty eight. A lot of people
angry cost of housings to march. They march on the street.
But what's the line between if you own your house,

(01:25:36):
your property rights. Where's the line between what you can
and can't do. It's kind of like the Tonquin case
in Wellington with a bloke yelling at Winston Peter. This
isn't it winning your private winning your public? And also
from the pecuniary list, not the gifts they received, but
from homes and houses. So you've got on the list
of our politicians, you got people who own homes. You
got people who own rental properties. You've got people who
own holiday homes, summer and trusts. Some aren't, but then

(01:25:59):
they this And this is not a conspiracy theory. I'm
just interested in the explanation. Simon Court, who's an act
list MP lists four family homes. So I would argue,
you only have one family home unless you have like we,
for example, we are lucky enough to have two family
or what I would call family homes. We live half
the week in one house and half the week in
the other. So I would say we have two family homes.

(01:26:20):
He has four. So is he spending like Monday and
Tuesday and one Wednesday and third another one on Thursday.
How when does a family home become a rental property,
becomes an investment property, becomes a family batch? And what's
the criteria for family homes? So one of them's joint
the owned, another one's jointly owned, the other two separately
are in P and S court trust. But they're all
family homes, Andrew Bailey. I notice he's got a family

(01:26:42):
home and a farm. That makes sense. He's also got
an apartment and another apartment. He's got a commercial property
and then another commercial property loser. But apart from that,
see what I did there? You know, I'm just interested
in what's a family when's a family home a home?
And when's it not a family home? Five minutes away
from nine.

Speaker 1 (01:26:59):
Trending now with the chemist warehouse Mayhem make a sale
on now.

Speaker 2 (01:27:04):
Good question top text? How big is one's family? That
probably answers?

Speaker 1 (01:27:09):
Isn't it way in the world today?

Speaker 2 (01:27:11):
Takes everything you've got? Is this the best one taken up?
Or is it Hill Street Blues sure health?

Speaker 17 (01:27:18):
Or Hill Street Blues doesn't have any words?

Speaker 2 (01:27:21):
It doesn't mean I'm still a thing, still brings a memory?

Speaker 1 (01:27:24):
Is it l a law sometimes?

Speaker 2 (01:27:32):
Or is it the one news opening thing? George Went
has died. Sad to tell you norm he was seventy six.
Died in his sleep, which, as far as I can
work out, is the best way to die.

Speaker 8 (01:27:49):
Uh.

Speaker 2 (01:27:50):
The one line is as he walked in the.

Speaker 1 (01:27:52):
Bard wife, no.

Speaker 16 (01:28:02):
Man, no science is seeking a cure for thirst. I
happened to be the guinea pig.

Speaker 11 (01:28:11):
For anybody?

Speaker 15 (01:28:14):
Can that for your draft?

Speaker 1 (01:28:15):
Mister Peterson a little early?

Speaker 7 (01:28:17):
Isn't nobody for a beer?

Speaker 15 (01:28:19):
No?

Speaker 1 (01:28:19):
For stupid questions?

Speaker 7 (01:28:21):
Have you everybody.

Speaker 1 (01:28:24):
A mister Peterson has a called I'm waiting for.

Speaker 16 (01:28:26):
You, I know, and if she calls, I'm not here?

Speaker 7 (01:28:30):
Given everybody? What's going on?

Speaker 1 (01:28:33):
Mister Pearson flashing sign in my gut that says insert
beer here? Have you anybody?

Speaker 16 (01:28:39):
No beer?

Speaker 2 (01:28:41):
A arm?

Speaker 1 (01:28:41):
Have I gotten that predictable? Good?

Speaker 11 (01:28:45):
Is that just me?

Speaker 10 (01:28:47):
Or?

Speaker 2 (01:28:47):
Is nothing as funny as what it used to be?
Six consecutive Amy's to be a supporting actor. He died
ironically on the thirty second anniversary of the final episode.
The final episode was my twenty nineteen ninety three? Was
it that long ago?

Speaker 11 (01:29:04):
The phone?

Speaker 2 (01:29:05):
Are we all that old? Memory lane seemed that enticing. Yes,
at dous, we're not all that old?

Speaker 11 (01:29:14):
Because some of us are?

Speaker 17 (01:29:15):
Are we?

Speaker 2 (01:29:16):
I think we were all that old? Don't we really? Back?
Tomorrow from specially.

Speaker 1 (01:29:33):
For more from the Mic Asking Breakfast, listen live to
news talks. It'd be from six am weekdays, or follow
the podcast on iHeartRadio.

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