Full Show Podcast: 23 April 2025

Episode Transcript
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Speaker 1 (00:00):
New Zealand's home for trusted news and views.

Speaker 2 (00:03):
The Mic Hosking Breakfast with the range Rover Villa designed
to intrigue and news Togshead been.

Speaker 3 (00:09):
Welling and welcome today good news for New Zealand in
because details of the Northern Expressway are released and we've
got our best export month ever. Also the Prime Minister
with Starmer of course, overnight more military support to the
Ukraine announced back to Rome as funeral details are released.
Mark and Jinny Politics Wednesday after right, Richard Arnold and
Steve Price they joined the fun as well.

Speaker 4 (00:28):
Hosk.

Speaker 3 (00:28):
Welcome to the middle of week already and that's what
short weeks will do for you. A seven past six.
Now hemp crete, you heard me, hemp crete great thermal
mass apparently are the makers and sellers of hemp crete
are asking, and quite rightly and entirely predictable, why are
they not getting the same sort of attention the good
people in the wool industry got the other week from
the government. And that is why we asked last week

(00:49):
whether the government weren't buying themselves an element of trouble
by so openly backing wool. As I said at the time,
I love Woll. Wall has had a crap run of it,
and as a value proposition Wall can make a decent case,
but on pure econs it isn't the cheapest and rightly
or wrongly in a lot of projects, especially the ones
that taxpayer pace for price is the key issue. False
economies have been the topic of much tumult this past

(01:11):
month or so. Globally. We like free trade, and free
trade is based on the people best at any given product,
making something at the best price and penalizing others isn't fair?
Is backing Wool instructing government departments on Wall? Is that fair?
And if it is, why haven't they instructed them on
hymncret and all the other building products that have lined
up this past week or so and gone, hey, what

(01:31):
about us? And what about them? Can they make a
similar value proposition argument? And if they can, did Wool
set the precedent? And in that is the trouble of
wandering off peacete When you're a free market country places
like America, of course, they rely on lobbyists and it's
a mess. They pay money, twist arms by favors. That's
how government support works. It's crooked. The beauty of free
trade is the best person wins. That's why we win

(01:52):
in so many areas Wool, as much as I love
it was a sop, an MMP coalition deal, sop to
New zeaven first. It was based on the motion and
old fashioned economics. As happy as we are for Wool,
and we are and as much of a buzz as
the announcement gave rural New Zealand, and it did. It
did open the door to him, Crete and all the
other creeds. Their argument is just as valid, but won't

(02:13):
get the same response, and that is not a level
playing field.

Speaker 1 (02:19):
News of the World in ninety seconds now.

Speaker 3 (02:21):
Of Rome, where we have more details of the late
Pope's resting place.

Speaker 5 (02:24):
No surprise, say very Major is one of the It
would be the major basilica that most resembles a parish church.
There's always people there, there's always masters going.

Speaker 3 (02:37):
On, there's always a sacrament of penants.

Speaker 5 (02:40):
It has a good outreach program to the poor.

Speaker 3 (02:43):
We'll get back to rhyme after seven o'clock this morning
in Britain, where our Prime Minister has been talking war,
of course, and training and cooperation with the British Prime Minister.
The UK have announced more support for Ukraine.

Speaker 6 (02:52):
At this critical moment for Ukraine for European security. We
have stepped up the government's efforts for Ukraine, and we
will step up further, both to increase military support for
the fight today and to secure peace for tomorrow.

Speaker 3 (03:08):
Sakia head to wine In on last week's court decision,
I welcome the.

Speaker 6 (03:12):
Court's decision and ruling.

Speaker 7 (03:14):
I think is very important that we've now brought real clarity,
which is going to be really helpful, I think for
everybody going forwards, and to reaffirm something that I'd long argued,
which is about safe spaces for women. That's always been
really important.

Speaker 3 (03:28):
Then snight sign they're still added over Harvard. Harvard is suing.

Speaker 8 (03:32):
We filed a lawsuit to halt the funding freeze because
it is unlawful and beyond the government's authority. The consequences
of the government's overreach will be severe and long lasting.

Speaker 3 (03:42):
The White House not for turning the.

Speaker 9 (03:44):
Gravy train is over, and they came out with this
last night. The gravy train of federal assistance institutions like Harvard,
which enriched their grossly overpaid bureaucrats with taxpayer dollars from
struggling American families is coming to an end.

Speaker 1 (03:58):
And guess what taxpayer funds are?

Speaker 9 (04:00):
Privilege and Harvard fails to meet the beast of conditions.

Speaker 3 (04:02):
Finally, the Tiger King's tired the knot. Yes, he's still
in jail. You remember Joe Exotic. He's married a fellow inmate.
He's serving a twenty one year sentence. Of course, announced
his engagement to Joje Marches last October. He's on a
quest now to get his Mexican partner asylum should they
get out. Of course, if he can't get him asylum,
he's threatening to leave America, which may well be no

(04:24):
bad thing. The two met in jail, given Marches is
serving time for immigration related issues. Cool couple. So here's
the world in nineteen You want you want some fun
around tariff You want to see how mental the tariffs
have got. The US Commas Department of announced overnight new
tariffs for solar panels on Cambodia, Thailand, Malaysia, Vietnam. There

(04:44):
are alleging subsidies from China and dumping of unfairly cheap
products in the US market. So what are these tariffs?
What are they announced? Over night? Three thousand, five hundred
and twenty one percent. That's how mad the world is.
It's eleven past six.

Speaker 2 (05:00):
The Make Asking Breakfast Full Show podcast on Aheart Radio.

Speaker 1 (05:04):
Carl If the News talks.

Speaker 3 (05:06):
EP slightly unfortunate post Eastern news for you. The lind
CEO Global Lint CEO has been talking post easter and
he says cocoa prices will remain elevated. In fact, he
doesn't believe cocoa prices will ever ever come down to
the levels they have been before. So chocolate's expensive. Fourteen
past second right from Westpac CHEP Economist Kelly Echolder is

(05:29):
back with us this Wednesday morning. Kelly, morning to you,
Good morning. Oh the glory days of March. Crunch these
numbers for us and remind us how good life can be.

Speaker 10 (05:38):
Well, yeah, I mean March was a great month for
the export sector. You can't say anything much.

Speaker 1 (05:43):
More than that.

Speaker 10 (05:44):
I mean, basically, we went into those Liberation Day tariffs
at the start of April and very good nick with
respect to that sector. Trade surplus nine hundred and seventy
million for March, largest since twenty twenty, and even after
the seasonal adjustments, we just ended up with a sliver
of a deficit there. And this is all because exports

(06:06):
are up really strongly nineteen percent for the year. Dairy
and meat exports up thirty four percent, and even fruit
up seventy four percent, and the Chiwi fruit guys doing
very well. China. Exports of China are very strong, those
are up twenty three percent. And even in the US,
our exports are up quite strongly as well, by twenty percent.

(06:30):
So you know, in the last twelve months we had
a small six hundred million trade surplus with the US
and a one point six billion surflace with China. So
that's all plenty of money coming in into the regional economies.
You know, perhaps the other side of the coy in
New Zealand had a four billion deficit with Korea, so

(06:51):
perhaps we should be imposing a tariff on them.

Speaker 4 (06:53):
I don't know.

Speaker 3 (06:53):
No, well, they're very good numbers. We'll take them for now.
By the way, you had to look at you guys
at Whisper, I had to look at the other regional
round up. Where are we looking? Let me guess Canterbury's
doing well.

Speaker 10 (07:03):
The South Island is the pick of the bunch. Canterbury,
Otago South and in particular most of the country. Businesses
are still sort of saying that conditions are quite cool
across the country. The operating environment's pretty tough, but they
are feeling quite optimistic about where the economy is heading
at least, you know, in this early and the tariff environment,

(07:24):
the lower interest rates, those strong commodity and export earnings
have just been talking about the real drivers there. There
is a bit of nervousness about the global backdrop and
the tariffs. It's going to require pretty close watching this effort.
It's going to be enough to derail the economy. As
I noted, bottom of the South Island the really strong

(07:45):
areas tourism exports the key issue there and interestingly it's
continued through March and April, even though the weather has
been a bit dry. The dairy production numbers from Downstair
out to indicate that there's still growing production down there,
so that's pretty heartening for the next couple of months

(08:05):
as well. Basically, that strong South Island dollar looks to
be supporting a Q dollar overall right now, and as
has been the case for a while, the metro area
is particularly Wellington, which remains the epicenter of negativity, Yes.

Speaker 3 (08:22):
Speaking negativity, this I am if you can't avoid it.
This morning, pretty much everyone's in for some trouble, including America,
aren't they.

Speaker 10 (08:28):
The new forecast, Yeah, some very sharply revised global growth
forecasts overnight. Probably should have expected that. Actually it could
have been worse, to be honest with you, Mike. I mean, basically,
they've not half of a percent of global growth for
this year, abou zero point three percent of global growth

(08:48):
for next year, pretty close to what I guessed would
probably likely to be the case. The sharpest downgrades are
for the US, given that they're the ones imposing most
of the tariffs are globally, they're basically looking at US
growth only being one point four percent this year and
one and a half percent twenty twenty six, appreciable chances

(09:11):
of recession there as well, and even China that marked
the Chinese growth forecast down about half of a percent
or so as well, four percent for this year, four
percent for next year. But your guess is as good
as mine. What numbers the authorities actually publish.

Speaker 3 (09:29):
Yeah, exactly. Now I'm looking at the markets this morning.
We've changed their mind. The end of the world yesterday
not so bad today.

Speaker 10 (09:35):
No pretty decent. Actually some comforting sort of like sounds
there coming around from trade deals, et cetera. Down up
two percent thirty eight ninety seven sevens s P five hundred,
also up two percent five to two five nine, Nasdak
up two point two sixteen two to two two. The
foot Sea was up zero point six percent eight three

(09:58):
two eight. The Niko was actually down. In Asian trading
actually recovered a little bit from most of the days
that finished at thirty four two two two. The Shanghai
Index up zero point two five percent through two nine nine.
The Assie exchange was flat at seven eight one six.
The Kwi exchange didn't do quite so well, down two

(10:20):
point three percent eleven eight three six. A couple of
New Zealand companies and they're talking about tariff impax on
their business. Q US unchanged sixty cents, Kossie up point
three percent, ninety four cents, k u Ro up point
eight percent at point five two, Kwi Sterling up point

(10:41):
two percent point five five Yen up point two also
eighty four point five five yen gold thirty four sixty
four up one percent. Did breach thirty five hundred at
one stage during trading session, and oil is up almost
a back to sixty seven to twenty.

Speaker 3 (11:02):
Good stuff, don't catch up tomorrow. Appreciate it very much,
Kelly Cold Westpac chief, it's asking Tower. I'm always perplexed
on this. I mean good on them as a business.
They've up their profit forecast the forecast range by ten
million dollars too, somewhere between seventy and eighty. So far,
they've only had one big weather event in the current year.
That was the Dunedan floods of last October out of easter.

(11:23):
By the way, they've had two hundred and fifty claims
that'll assume will go up that may exceed eventually the
two million threshold for a larger event. They've reduced their
expected growth and premium's income to single digits. A lot
of competition in the market apparently for housing, in motor
vehicle insurance. But so they're doing better, and I know it. Interestingly,
they're also still paying out on christ Church, if you

(11:44):
can believe it, because we're sort of revisiting the whole thing.
Inadequate repairs, undiscovered damage, inflation since twenty ten, all that
sort of stuff. So they're doing better, but then again,
you know who's paying for it, don't you? When the
old premium arrives on the mail. Six twenty one here
at news Talk said been.

Speaker 2 (12:01):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by the News Talks.

Speaker 3 (12:06):
At b just on that IMF announcement overnight because it
was material the April two. This is then queun quoting
April two Rose Garden announcement forced us to jettison our predictions.
So he's turned the world upside down, which I suspect
is part of the plan. Of course, they now view
a recession. There's a global recession at forty percent, which
is up from twenty five percent. They don't specifically talk

(12:27):
of a recession in the United States. There's mixed commentary
on that, but as I think Kelly quite rightly pointed out,
who the hell would know what's going on? But if
you want a material example, one of the bell where
the countries you look to is South Korea, of course,
because they have tremendous business with the United States, or
did have anyway, their custom service department first twenty days
of April business to America's down five point two percent,
So it's a bell weather so where's the trade heading

(12:50):
not good at Car and steel shipments down six point
five and eight point seven, So car six point five down,
steel eight point seven down. Overall exports from South Korea
to the States are down fourteen point three percent on
the year. Semiconductors they're up ten point two, so they
can do business now. Semiconductors didn't face up until this
particular point tariff's, but tariffs on those products are coming,

(13:13):
so you can see the material impact he's having. Six
twenty five.

Speaker 2 (13:16):
Trending now with Chemist ware House book in Your flu
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Speaker 3 (13:21):
Gaberd Attenburn News No Keeping him Down set to release
eight if you can believe it. A new feature film
to mark his ninety ninth birthday, called Ocean takes us
on a journey around the world seas and oceans highlights
their importance and the preservation of our planet.

Speaker 11 (13:35):
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Speaker 12 (13:37):
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understanding what it means for the future of our world.
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Speaker 1 (13:54):
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Speaker 11 (13:55):
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Speaker 1 (13:59):
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Speaker 11 (14:03):
A life homotion today is in such poor health, they
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not for the most remarkable discovery of all the ocean
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Speaker 3 (14:25):
Exactly science will save us. Eighth of May is the release.
The significance of that is that's the day turns ninety nine.
It's been an extraordinary life of all the lives of
the old people. You've been were thinking of the pope
at the moment of all the lives. Surely Attinborough is
one of the greatest of modern humanity. After living nearly
one hundred years on this planet, I now understand the
most important place on this planet is not on land,

(14:46):
but on sea. To more modern matters, shortly in New Zealand,
first fascination with women in what is a Woman? I
would have assumed we would have run with the Supreme
Court ruling out of Britain the the day, but they
seem to have somewhat other ideas. We'll have a look
at this in the next half hour of the program.
And on those trade numbers, we need to really crunch

(15:06):
into those and see how well the New Zealand economy
is doing. Will do that for you after seven thirty
Meantime News.

Speaker 2 (15:11):
Next setting the agenda and talking the big issues, the
Mic Hosking Breakfast with Bailey's Real Estate, your local experts
across residential, commercial and rural news talks, Dad.

Speaker 3 (15:23):
Be mich nital Stateside on the IMF for forecast for
not only the American economy, but the global economy as well,
Meantime on other international matters, Lucks and of Courses and
Brittany was on the program yesterday's meadovernight' Starmer. He's reviewed
the troops. We're making a significant contribution to the training
of Ukraine troops and we've also made a sixty six
million dollar announcement overnight on drones and sales from New
Zealand companies to help in that particular effort.

Speaker 13 (15:46):
It is incredibly sobering to think that many of you
have been to this place to train, you've been out
to the battlefront. You've come back now as leaders to
actually do more training and in a matter of days
could be back at the frontline again, actually fighting for
freedom and the defense of your country and what is
an incredibly unjust, illegal and a moral war started by Russia.
And so I want you to know that you are heroes.

(16:08):
President Zelenski as a hero and all Ukrainian citizens are
heroes as well in our eyes, revealing.

Speaker 3 (16:15):
The troops and representing as well. I think on the
international stage, he sounds very solid, doesn't he? As I say,
we'll talk to Don McKinnon's donm m kinnon, former Foreign
Affairs Minister of Deputy Prime Minister and here of the
Commonwealthi's with us after seven o'clock on our evolving relationship
between New Zealand and the UK. Meantime, back home, New
Zealand first seemed to be occupying themselves with gender issues
these days. They did have that bathroom bill seemingly went

(16:37):
nowhere because it's been replaced by the campaign to Define
Men and Women. It's a member's bill that's been introduced
to clarify the two genders. The move follows, of course,
the Supreme Court ruling in Britain last week Speak Up
for Women. Susanne Levy is with Zan. Good morning to you.

Speaker 14 (16:51):
Oh, good morning, Mike.

Speaker 3 (16:52):
What's your sense of this as an issue in this
country right now?

Speaker 15 (16:57):
Oh?

Speaker 14 (16:57):
This is definitely an issue in this country. If if
you're a woman or a parent, you should be concerned
about whether or not spaces that are designated for women
and are in fact reserved for women. And you know,
our laws need to be workable and definable. There's no
sort of place in them for subjective terms. Sex has

(17:19):
really never had any other meaning than biological sex. And
you know, I think that the UK Supreme Court ruling
kind of you know, you know, reminded us of that,
sort of reminded everybody everybody of that.

Speaker 3 (17:33):
Well, it was a unanimous ruling, wasn't It was fairly
clear cut. What do we need our own I mean,
I know technically we probably do, but why can't we
just go see that British thing? We're kind of British, we.

Speaker 4 (17:42):
Do that too.

Speaker 14 (17:44):
Well, well, yes, I mean we have they have the
equalities that we have. The Human Rights Acts are very
similar and they'm not identical. You know, we won't just
go you know, we're just like the UK will do
the same, but we will definitely our lawmakers will definitely
lot to that ruling. It's not irrelevant to New Zealand
at all.

Speaker 3 (18:03):
What I mean, it's a member's bill. It needs to
be pulled out. It'd be interesting to know whether it
was a conscience vote if it was a conscience vote.
Do you reckon it would pass the parliament?

Speaker 14 (18:15):
That's that's a tough one. It was a conscience vote.
I think it, I think it could. I think you know,
there are so many, so many people that you talk
to that won't say it, won't say it out loud.
They'll say, you know, of course people can't change sex.
Of course sex is real, but they're not prepared to
sort of go out and say that, so they would

(18:37):
get pressure. There would be a lot of pressure on
MPs from you know, constituents to to vote that way. Certainly,
polling would indicate that, you know, all the polling that's
been done on these sorts of issues indicates people don't
really think that you can change sex. They don't they
don't think that trans people should be treated poorly, but
at the same time, they don't think that you can

(19:00):
change sex.

Speaker 3 (19:01):
So it's also just a definition things for the practicalities
like bathrooms.

Speaker 15 (19:06):
What do you do?

Speaker 16 (19:06):
Though?

Speaker 3 (19:07):
Now here's your next question. In Britain at the moment,
they're having trouble implementing it. So a lot of hospitals,
universities are going, well, what do we do?

Speaker 4 (19:14):
How do we do it?

Speaker 3 (19:15):
So we got this law up and it was not
dissimilar to Britain, and then everyone started going, well, I
can't do this and I can't do that in the
can so the implementation becomes a problem.

Speaker 14 (19:24):
Well, what I would say to that is of organizations
like you know, Gender Minority had spent the last five
or ten years advocating for spaces and services for trans
identifying people rather than focusing on co opting women's spaces,
we would all be a hell of a lot better off.
I think we do have a good range of universal

(19:44):
spaces here. You know, we've got quite a few gender
neutral spaces, and I think would be a matter of
working on that. You know, as a woman's rights organization,
it's not really our job to advocate for those third spaces,
but we have been we've been suggesting councils that they
implement these sort of universal changing spaces, which you know,

(20:06):
do give people who aren't comfortable changing in the in
the facility that matches their sex, you know, somewhere to
change that that's safe. So you know that there are differently,
there are ways, there are ways around it. At the moment,
the focus has just been so much on well, you know,
we want to use women's space, So you know, so

(20:28):
I think we need to sort of roll that back
and look a look at practical practical solutions universal spaces,
but keeping single sex spaces as well.

Speaker 17 (20:38):
So you know.

Speaker 14 (20:38):
So, so women have somewhere that's just for them, Men
have somewhere that's just for them. And if you don't
feel like that's somewhere you want to change, then a
third space? Then is a third space?

Speaker 3 (20:49):
All right? Well, let's see where it goes is And
as I say, it's members bill and we've got to
be pulled out of the old biscuit tin and then
it'll be fascinating. But we'll talk to Mark and Gingy
about this after eight o'clock this morning. Susan Levy, who's
Speak Up for Women spokesperson Richard Next eighteen.

Speaker 2 (21:00):
To two the Mic Hosking Breakfast Full Show podcast on
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Speaker 3 (21:08):
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Speaker 2 (22:09):
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Speaker 3 (22:13):
Business for God Richard, I We're very good morning to you.
Good money, Mike, Yes, not really rosy or glowy. The
old imth is it?

Speaker 18 (22:22):
Well, it's a tense time, isn't it. The Dow, by
the way, has jumped some two and a half percentage
points in today's session, still trading, but we've seen his
game before, up by around nine hundred points currently investigators
with spear cash mostly the wealthier, picking the eyes out
of the Wall Street market, but overall it is down
by nine to ten percent since Trump decleared his tariff
for the Dow was off by nearly one thousand points

(22:44):
in his last session. Do you solely to Donald Trump
if you're big concerns that he might sack the head
of the US Central Bank feed Chair, Jerome Powell, even
though there's no provision to do that under American law.
But Coump posted this and what seemed to be a
bid to make power the scapegoat for rising prices and
rising interest rates. Quote, there can be a slowing of

(23:05):
the economy. So is this the president sort of considering
a recession? He went on, quote unless mister too late,
a major loser, lower's interest rates now with nowwin or caps.
So that triggered the massive one day stock market selloff,
and at the minute, this partial turnaround by the way.
Hell was appointed by Trump, and he does not set

(23:26):
interest rates. Those rates are said by a majority vote
of the Federal Reserve Committee, which has twelve members, all
of whom seem to agree currently on the damage being
caused by the tariff policy. See Leaseman of the Financial
Network CNVC here.

Speaker 19 (23:40):
Says somebody needs to turn to the camera and tell
the president to stop. I mean, he is messing with
the foundation of this country. He's messing with the foundation
of the economy. He's messing with America's place in the
global financial system.

Speaker 18 (23:53):
So is there evidence of that? The Wall Street Journal,
run of course by the Murdock family, says the Trump
stock market it on its way to quote the worst
April since nineteen thirty two end quote. So Murdock and co.
Comparing this to the very depths of the Great Depression. Well,
here are some numbers on Wall Street the S and P,
which tracks five hundred leading companies as having the worst

(24:14):
start to any US presidency since nineteen twenty eight when
they first started to track this. Gold prices today have
hit a record high. This is where, of course, many
investors go when they see the market says we're too chaotic.
Gold now thirty five hundred dollars US and ounce the
American dollars at its lowest level since twenty twenty two.
The IMF, as you said at the outset, is predicting

(24:35):
a global downturn. They forecast that economic growth in the
US will be down from two point eight percent last
year to one point eight percent this year. Globally, they
forecast a slump from three point three last year to
two point eight percent. Trump says this is just a
transition period, quote unquote, Well, you didn't say anything like
that during the campaign, but you know, time moves on.

(24:57):
The White House says there are eighteen tentative trade deals
on paper, no details of what, how and why or
how long will all this call go on? Meantime, car
prices you are about to surge because of the twenty
five percent Trump tariff. And I just got a call
before this segment, Mike, from a local car dealer warding
of those price highths. We've seen lots of commercials making
the same point like this.

Speaker 20 (25:17):
Starting next week, all vehicle prices go up because of
the twenty five percent Outle tariff.

Speaker 7 (25:22):
Now is the time why wait and pay twenty five
percent more so?

Speaker 18 (25:26):
Yeah, you got seventy thousand bucks in cash by Now
what about old Higgsith?

Speaker 3 (25:31):
Does he survive?

Speaker 17 (25:33):
What about? Yeah?

Speaker 18 (25:33):
The White House, through its press secretary, has just come
out saying Trump strongly supports his Pentagon chief despite the
latest scandal. Defense Secretary Pete Higgsith was foundel shared sensitive
material on yet another party line phone chats. He loves
his party lines, doesn't he? This time his wife was included.
She has no government position zip, but she seems, you know,

(25:55):
tag along to all sorts of high level meetings. His
brother also was online for this one. He was given
a Pentagon gig because he.

Speaker 17 (26:01):
Was obviously the best person for the job, right.

Speaker 18 (26:04):
Hegseth has been on Fox News today saying he was
set up by aids he actually hired, and the White
House press boss endorses that claim, saying politicos and leakers
are trying to smear poor old Pete.

Speaker 21 (26:15):
It's been clear since day one from this administration that
we are not going to tolerate individuals who leak to
the mainstream media, particularly when it comes to sensitive information.

Speaker 1 (26:25):
Dang that media.

Speaker 18 (26:26):
Well, three people sacked by Heggs's say they didn't leak anything,
and they claim they were acted by Hegseth, as his
team is reported to being through old social media to
make sure everybody is loyal to Trump. New York Times
is reporting that things that the Pentagon are chaotic. There
were one Republican lawmaker Don Bacon has gone public calling

(26:46):
for Hegseth to be sacked. He says he is not
going to tell the White House how to manage things,
but says he would find it quote unacceptable if he
was in charge end quote would not tolerate it. There
are reports, denied by the White House, that the Hunter's
on for Hegseth's replacement, but Trump's Rep. Karen Levit says
Hegsis has the presidents pulled backing Levit, of course we
know has been wrong before catch up next week.

Speaker 3 (27:08):
Richard Arnold stateside for US this morning. Just weird the
Homeland Security Secretary, Christy Nome. So she's in a restaurant
Sunday night, gets a bagnet. Now she has security secret service,
so you got to wonder what the hell they're doing.
So they've been wandering through the security camera footage. They've
seen an unknown white male wearing a medical mask steal
a bag and leave the restaurant, so they're busy chasing

(27:29):
him at the moment. The contents of a bag I
found interesting? Do you find this interesting? Driver's license, fair enough, medication,
fair enough apartment keys, YEP, passport, passport? What's she doing
carrying a passport in her bag and then leaving a bag,
access bag, makeup bag, blank checks and three thousand dollars
in cash? Is that unusual contents?

Speaker 2 (27:48):
Or is that just me ate away from seven the
Mike Hosking Breakfast with the range Rover Villa news togs
Head been.

Speaker 3 (27:54):
Holding Mike odd things and handbags typically put to point
to fraudulent insurance claims. Don't know if that's true. There's
a poll out this morning, fun Poll J and L
Partner's Canada. Fifty four percent of Canadians prefer King Charles
as their head of state versus fifteen percent for Trump.
Thirty one percent don't know. Thirty one percent is an
astonishingly high number, don't you think? Awfully and decisive? The

(28:15):
Canadians Liberal Party support is seventy six to four the
only people who could run with Trump at the Conservative
Party support is thirty seven to thirty one, even though
don't back at five minutes away from seven.

Speaker 1 (28:26):
All the ins and the outs.

Speaker 2 (28:28):
It's the fizz with business tiber take your business productivity
to the next level or.

Speaker 3 (28:33):
Logic news this morning. On the housing market, we're seeing
more continuing signs of recovery, which is good. National sales activity,
dwelling values both lifted in March. G March was a
good month, wasn't it when you had take into account
the exports as well, supported by the easing of the
mortgage rates that renewed buyer confidence. Sales volumes up eleven
percent can be at the same time last year, the
national home values are up half a point half a

(28:54):
percent for the month that follows the zero point four
percent in January. Add those two together at zero point
nine percent, almost a percent for two months. Investor activity, yes,
mortgaged investors, they're on the comeback trail. The interest rates
are doing the business there. As regards the economy, the
broader economy mixed a lot of global uncertainty around the
tariff story, really no kidding. While the inflationary impact in

(29:16):
New Zealand is expected to be relatively neutral, a soft
global growth outlook may support further downward pressure on interest rates,
so they don't do well. We don't do well. As
what they're saying, core Logic is anticipating national home values
to rise by approximately five percent. Now why is that important?
It's important because I've got a bit for lunch with
Andrew callihe who doesn't think the housing market's going to
increase by five percent? I think it is. And so

(29:38):
core Logica starting to side with me, starting to trend
with me. I might invite care Logic along for lunch
and I'll say, Andrew, here are my friends from car
Logic who saw what I saw but you didn't. All
words to that effect. Total house sales are for the
twelve months to March eighty three thousand, five hundred and
forty three, which is a lot of house sales. Starmer
and Luxe and Sedon. Kennon ways in on this in

(30:01):
the next half hour of the program. Then Chris Bishop,
who's building the the BRN Derwin's we're going right over
the top. It's going to cost a shed load and
take years, but that's their decision, he explains more shortly.

Speaker 2 (30:12):
The breakfast show Kiwi's Trust to Stay in the Know,
The Mike Hosking Breakfast with Alveda retirement, communities, Life Your
Way News.

Speaker 3 (30:21):
Togs headb Welling, seven past seven. So our Prime Minister's
met with the British counterpart Downing Street overnight. They've signed
the sixty seven million dollar weapons deal while also agreeing
to extend our involvement in the training program for Ukraine troops.

Speaker 13 (30:32):
We are a small country. We are a long long
way away from Ukraine or from the UK but well,
and we have limited resources, but we are here because
you are fighting for values that we believe deeply in.
And those values are the sovereignty of nation states. Those
values are the upholding the international rules based system. It's
about democratic ideals and liberal democracy values that we as

(30:55):
a small country in particular, have huge appreciation for.

Speaker 3 (30:59):
Now Foreign Minister and Secretary General of the Commonwealth sa
Dom the Kinnon's with a don morning.

Speaker 17 (31:04):
To you, good morning to you.

Speaker 3 (31:05):
How much of this is optics versus a growing tangible
closeness between us in Britain.

Speaker 17 (31:11):
Well, there's always been a pretty close linkage, particularly at
the military level, and that goes back more than one
hundred years. But the overall sense of horror when the
invasion took place, New Zealand stood up pretty firmly for Ukraine,
I believe still does. But there's a long way to
go before we find see any kind of settlement there.

Speaker 3 (31:32):
Well, I was going to say, that's my next question.
All they're announcing more money, more weaponry, more support indicates
what happened to the peace deal? Is this not ending
anytime soon?

Speaker 17 (31:41):
Well? I think a lot. We're waiting on Washington, DC there,
and that is becoming very problematical, particularly for European powers,
the United States, you know, having absolutely dominated the dominated
NATO for years now, having hesitancy about even will they
remain in play in relation to this particular conflict. Nevertheless,

(32:04):
no question, European powers are all building up their defenses,
all building up their military, and there won't be a
giveaway here very rapidly.

Speaker 3 (32:13):
Do you think what we announced, I mean, this announcement's
one thing, but what we announced the defense the other day,
the nine billion of fresh spending till twelve billion in total.
Will that had been registered in places like Britain.

Speaker 17 (32:25):
Oh, I'm sure it would have been. I mean they
would have gone through their notes about well, yes, okay,
New Zealand primes is coming, what are they doing? And
they would be immediately updated on that fact, and what
we have done here by committing ourselves to a much
higher level of military spending, actually gives us far more
clout in the Pacific, which has been diminishing in recent years.

Speaker 3 (32:49):
The I mean, you've been around a long time, sinn
seen a lot of things. What do you make of
the world at the moment? I know it's a very
broad based question, but I mean, what do you think.

Speaker 17 (32:56):
It's very uncertain, it's very messy, it's very there are
problems everywhere, and when you get big problems like what
is happening in Ukraine, like what is happening in the
Middle East, it's easy for other small skirmishers to go
unnoticed and people to take advantage of the bigger ones
to do their own sort of boundary realignment and things

(33:18):
like that. And you're seeing that in many parts of
the world, particularly in Africa.

Speaker 3 (33:23):
Appreciate your insights. To Don mckinnam, former Foreign Minister of
course our Secretary General of the Commonwealth. Ten minutes past seven,
seeing a back home. More details in this country's desire
to build stuff. We've got this morning. The preferred route
for the Northland Expressway rather than bypassing the Brindurwins. We're
planning to go right over the top. There's a bill
attached to that one on every ten dollars that we
will spend on infrastructure in the next twenty five years

(33:46):
will be consumed by this project. A Loann the Transport Minister,
Chris Bishop, good morning, Good morning. Given the size, cost
and complexity of this, what do you reckon the chances
of a massive blowout are.

Speaker 22 (33:57):
It's undoubtedly a challenging project, there's no question about that.
The geology, the terrain, the geography. Everyone's aware of the challenges.
I think around the brim Durwins and over the whole route.
So absolutely there's a chance that things will slip. But
that's why we're doing all a lot of work right now,
so detailed design, consenting work, getting the designations right, getting

(34:19):
the funding model rights. There's a lot of work going
on right now to try and avoid all that.

Speaker 4 (34:22):
But of course you can't.

Speaker 22 (34:23):
You can't say that there won't be potential slippages and costs.
It's a very challenging route.

Speaker 3 (34:29):
Just run us through the numbers. When's it start, when's
it finished? And what's the bill? Don't know yet on
all of those things.

Speaker 22 (34:35):
That's partly why that's that's one of the reasons why
we're doing it in stages to try and get all
that stuff right.

Speaker 16 (34:43):
So Walkworth to Tahna, which is the.

Speaker 22 (34:48):
Next road, the next section from the except from the
end of the Northern Motorway right now, that will that's
in procurement. That will likely start construction towards mid to
late twenty twenty six, and that will take some time
to build. In terms of the Briandurwans and the rest
of the road, the Northern Expressway, we're working our way
through that and we'll have more to say once we've
got to finalized confirmed route and once they've done. DTA

(35:11):
has done a lot of work around the other designations.

Speaker 16 (35:14):
And the consents.

Speaker 22 (35:14):
So don't want to put a number on these things
now because if I give you a number, we'll turn
up in you know, three years time, and you'll tell
me the numbers changed and someone will accuse me of
misleading people.

Speaker 3 (35:24):
And I want to do that. Is it in my lifetime?

Speaker 20 (35:27):
Yes?

Speaker 22 (35:27):
Absolutely, Yes, the North think about the Whitecatto Expressway, that's
that top you know, fifteen to twenty years to build,
start at two thousand and six. It's sort of basically done.
Now we've got the next extension to Cambridge to Pear
Tod to go. But you know that just got progressively
chunked off in stages over about a fifteen year period,
and it's been transformational for the White Kaddow.

Speaker 16 (35:48):
That's what the Northern Expressway will be like.

Speaker 3 (35:50):
So, yes, it will be done on your lifetime.

Speaker 18 (35:52):
Good.

Speaker 16 (35:52):
We just need to get on.

Speaker 3 (35:53):
And that's not because you think I'm really young, is it?

Speaker 17 (35:55):
Now?

Speaker 3 (35:55):
Listen, let me I've been reading about the Houjiang Grand
Canyon Bridge. Do you know about that? I'm vaguely familiar
with it yet. Right, So it opens in June. It's
the world's tallest bridge. They started building it in twenty two,
they're finishing in twenty five. How can the Chinese build
the world's tallest bridge, suspension bridge. It's a work of
wonder in three years and we can't even build a

(36:18):
road in fifteen.

Speaker 4 (36:21):
Yeah.

Speaker 22 (36:21):
Well, I am pushing NZTA and all the contractors who
work on these broads around the country to.

Speaker 15 (36:27):
Crack on with it.

Speaker 22 (36:29):
And we just need to do what we can as
quickly as we can to get on and build the
infrastructures illum needs.

Speaker 3 (36:35):
All right, I appreciate your time. Sound overly optimistic, did it?
Chris Bishop, the Transport Minister. That bridge, by the way,
twenty two thousand tons trusts. Each trust is twenty two
thousand tons, which is the equivalent of three Eiffel towels.
Look it up. It's spectacular. It will reduce the travel
time through the canyon from two hours to one minute.

(36:55):
Thirteen past seven past speaking which Mike Sellyn's the fastest
growing region in the country. It's infrastruction which is under pressure.
Roads and schools are strained. Give it a few more
years and they'll be overwhelmed. Funny you should mention that
we are talking about Selwyn. Our friend Paul spoon Ley's
back on the program sociologist of course, and we'll be
doing that for you at about ten to eight after
Roeme in a moment though fourteen past.

Speaker 2 (37:16):
The like asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 3 (37:22):
At b Now Josh Tanner export New Zealands with us
after seven thirty this morning on these extraordinary export numbers
for our country, and don't we need good export numbers
at the moment meantime at sixteen past seven, more details
out of Rome on the Pope's funeral. He'll be late
to rest Saturday evening our time. Everyone from trump' Zelenski, Macron,
Prince William A going the New Zealand contingent by the way,

(37:43):
taking part in the cong Clay belief for Italy today
in cee Arfvetican correspondent Christopher Whites with us Christopher morning.

Speaker 15 (37:49):
Good morning, good to be with you.

Speaker 3 (37:51):
You traveled extensively with Pope Francis. Your thoughts on the man.

Speaker 23 (37:57):
He's the real deal, someone who really enjoys being first
and foremost with people. I think that's why he captured
the imagination of much of the world, because of his
ability to really offer a credible witness to the message
that he taught. And so, you know, Catholic or non
Catholic alike, I think most people that encountered the Pope
saw someone who was interested in them and walking alongside

(38:20):
them and tackling the issues of the day as a
real pastor.

Speaker 3 (38:23):
Do you have a saint forty eight hours is on
what sort of inflex Rome is expecting, you.

Speaker 23 (38:30):
Know, I have to say it's a struggle just to
get around the Vatican these days. This is already high season,
it's Easter, and add on top of that, it's a
jubilee year, a year that's expected to bring over thirty
million pilgrims to Rome.

Speaker 15 (38:47):
So Rome was already congested.

Speaker 23 (38:50):
And as you just ticked off at the at the beginning,
world leaders as well as just average Catholics alike are.

Speaker 15 (38:56):
Pouring into Rome.

Speaker 23 (38:57):
We don't have any real estimates, but we're expecting that
number to certainly be in the millions by the time
the funeral takes place on Saturday.

Speaker 3 (39:05):
How does that security operation work? Is that the Vetican
or is that Italy?

Speaker 23 (39:09):
It's a combination of the both, you know, obviously two
separate countries, but they have to work in close collaboration together.

Speaker 3 (39:17):
And will it be tight? Can you breathe and move?

Speaker 20 (39:20):
Oh?

Speaker 15 (39:21):
I think it will be a very tight security perimeter.

Speaker 23 (39:24):
I mean it will have you know, it's very rare
that you have folks like you know, from Trump to
Zelenski to Macron all in the same place. Will have
the feel of a United Nations assembly, and you can
expect security to match that.

Speaker 3 (39:37):
I keep reading there are no favorites to replace them.
Is that your assessment and literally anything could happen will not.

Speaker 16 (39:46):
Look.

Speaker 15 (39:46):
I think we have to brace ourselves for anything.

Speaker 23 (39:49):
I mean, Pope Francis has diversified the college of cardinals,
the men who will elect among themselves a successor.

Speaker 15 (39:56):
The Catholic churches are crossroads in this moment.

Speaker 23 (39:58):
They have to decide, you know, if they want to
continue on the path of reform initiated by Pope Francis,
of a church that's more welcoming and inclusive and reforming
its structural structures accordingly, or if they want a course correction.
And I think you know, Pote Francis named eighty percent
of the cardinals who will elect his successor, so there's

(40:19):
a strong chance that the next Pope will share his priorities.
But in terms of particular candidates, it's very hard to know.

Speaker 3 (40:26):
Christopher, appreciate your insight very much. Christopher White, who's the
Vatican correspondent with US Mike, having been to China. They
work twenty four to seven in shifts on infrastructure projects.
Hence the efficiency. Yeah, I knew that, and that's why
I asked Christopher luxA Christopher bishop, about it, because I
knew full well that we don't do that sort of
thing in this country, even though potentially we could have,
we really wanted to. Mike, I recently went to Clyde Dam.
I was looking around there thinking it dawned on me

(40:48):
that there was absolutely no way we could build this
now it was the last big infrastructure project New Zealand.
Ever did I think that's true. The other problem we
got at the moment, of course, is education and teaches.
So some on that for you. Shortly seven twenty.

Speaker 2 (41:03):
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Speaker 3 (41:11):
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(41:32):
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(41:53):
affordable health and well being every day of the year.
Posky seven twenty four. I wish I had the Minister's
positivity around teaching. As you will have heard, we are
short of teachers. We aren't training as many teachers, so
that will require more and more of them to be
brought into the country. The Minister suggested, I think optimistically
that it was about more than pay, It was about
resource and support, which I'm sure is true. The question

(42:16):
is whether it solves anything, does anything? I mean, does
anything solve anything anymore? Is teaching simply a profession, like
so many professions, that is no longer what it was,
and therefore why would you be one? Kids are snots,
and if they aren't not, schools are riddle with social
issues that no teachers should have to deal with, and
yet they do. Teachers are social workers more than they
are teachers, and even with all the holidays, numbers don't lie.

(42:37):
They aren't enrolling the way they used to. Now the
trouble is, at the same time teacher numbers are dropping,
the number of kids isn't. It's expected to peak next year,
So the gap widens in bringing teachers, and you face
a twofold issue. I would have thought, One, you've got
to find teachers in a world where everyone is looking
for teachers, And two, even if you find them, they've
got to want to move here and teach here. Is
New Zealand really a magnet the way it used to be?

(42:58):
I could reassure you, I guess, by suggesting the teachers
I had, so we're going back forty fifty years were
virtually all ordinary, all of them, even with age and
some maturity. I look back at the ones I can remember,
Not a single one was exceptional or brilliant or even
really that good. They were average. They were average and
average school that turned out average kids. Is it possible

(43:18):
the great teachers are, and indeed always have been, the exception,
the ones with the calling, the ones who had driven
the rest of merely, which doesn't, of course, solve the problem.

Speaker 1 (43:27):
We have a lot to do with it.

Speaker 3 (43:29):
Of course, as society, it's a mess these days, held back,
held down by any number of anxieties and concerns, and
attitude's division and anger and frustration, a sense of last
and bewilderment and upheaval that occupies pretty much everywhere we
go these days globally. And so we send our offspring,
that's if we send them at all, are to get
shaped by this miracle worker that we pay average money

(43:49):
to in what may be a leaky building with minimal resource.
We are setting it all up for failure. It's complex,
of course it is. But if the minister's right and
she can turn it, she deserves a medal, if not
beatification asking Mike, we can't build quick light the Chinese
because there's too much bureaucracy and reasons why we can't,

(44:09):
as opposed to reasons why we can. I think you're
probably right on that, he and Mike. The government is
also announcing one hundred million upgrade to the Western Access
to Tower on eventually opening up thirty thousand new houses
by twenty sixty five. We're finally getting this country moving well.
If you've seen the export numbers, which we'll talk about
in the moment that is true, we are moving. Mike's
shame on you. You didn't ask Chris Bishop why we
don't build these large infrastructure projects twenty four seven. Well,

(44:30):
it's not shame on me. Do I really need to
state the obvious? Is every interview I do about the obvious?
The reason we don't you know why we don't because
we don't have the aptitude. We don't have the attitude,
we don't have the labor force, we don't pay the money,
we don't have the desire. I mean, it's all there
for you, Mike. I do enjoy listening to your show.
Very kind of you to say, do you know of
the Pope's funerals being televised in New Zealand? Well, of
course it will be Leslie. Certainly the BBC will run it.

(44:53):
I would imagine Sky. If you're on Sky platform, Sky
will run it. The C and M will almost certainly
run it, or don't know about Fox, And if you're
not on Sky, somebody like TV one, being a state broadcaster,
will undoubtedly collect up the BBC's broadcast and do it
free to air for you as well, so there will
be no shortage of live coverage of that particular event right,
so the business of Selwyn will get to by the way,

(45:15):
with Paul Spoonley, the fastest growing region in the country.
I know Selwyn well, I love Selwyn. I want to
move to Selwyn, but I am currently prevented from doing
so by matters that really shan't be aired on this
particular prayer. But nevertheless, lots of people have moved to Selwyn,
so what do we do about that and their issues coming?
But we need to continue to celebrate these numbers. Out

(45:35):
of March, New Zealand Inc. Is booming more shortly.

Speaker 2 (45:41):
Your source of breaking news, challenging opinion and honored facts.
The Mike Hosking breakfast with the range Rover vi La
designed to intrigue.

Speaker 1 (45:50):
Can use TOGSADBA.

Speaker 3 (45:51):
I gave you some housing information earlier on from core Logic.
I can give you some from I trade me property
around the rental market. At the moment, the rental market's
fascinating listings are at a teen year high in March,
higher since twenty fourteen. National medium weekly rent is down
five bucks to six thirty five and interestingly, where you
look around the country, pretty much wherever you go you're

(46:12):
paying six hundred Ish dollars. It doesn't matter whether you
live in Auckland or the other end of the country.
You're paying six hundred and something dollars. The only exception
appears to be Southland, where you're paying four seventy. Everywhere
else is six hundred and something dollars. Rent To add
a record high in Nelson, Tasman, rent for smaller Auckland
properties has also peaked. Wellington units, townhouses and apartments have

(46:33):
seen their rentals fall a year on year numbers. The
material falls in Taranaki down four point eight percent. This
is year on year, hawks Bays down three point one,
Auckland's down one point four, Northland down one point seven.
A Tigo for some reasons gone through the roof. I'm
assuming it's got something to do with the students returning
to town, because that's up five over the year. But
around the rest of the country it seems remarkably flap

(46:56):
twenty two to Away Politics Wednesday with Mark and Jenny
after eight o'clock for you this Wednesday morning. Meantime, this
good news rolls on for our economy. We've just logged
our largest monthly merchandise surplus since April of twenty eleven,
we sold more than we bought by almost a billion dollars.
We sent seven and a half let's call it seven
point six billion dollars worth of product off sure in March,
which made it the biggest month ever export. New Zealand

(47:18):
executive director Josh ten is with us on all of this. Josh,
very good morning to you.

Speaker 1 (47:23):
Yeah, good morning, Mike.

Speaker 16 (47:24):
Is there any.

Speaker 3 (47:25):
Seasonality about this? Is something happening in March that's gone
a bit wonky?

Speaker 20 (47:30):
No, Look, I think March has always been a pretty
strong year, so strong month for exports, so this is
to be expected.

Speaker 3 (47:38):
Okay, what about the week dollar? Is that driving a price?
Is stronger dollar week or all of those combination of things.

Speaker 20 (47:44):
Yeah, Look, there's a few things in terms of why
I think we've had such a strong record month in March.
So definitely the low New Zealand dollar is something that's
made our commodity exports more impealing. But then also you're
looking at months on month, so that's March twenty five
compared to March twenty four, really strong global prices for
both milk and beef. But then on top of that,

(48:06):
you've also got record crops in the horticulture sector. The
apples and pears industries recently announced that they've hit a
billion dollars in revenue for the first time. You've also
got zespri who are only just ramping up, but they've
also talked about another bumper crop going out.

Speaker 3 (48:21):
Is this all going to go now? The dollars back
up and the world is going into some sort of malaise.

Speaker 20 (48:28):
Look, I think, you know, this positive news all comes
with a bit of an asterisk, and that is obviously
the trade war that's currently growing between the US and
the major trading partners. I think overwhelmingly, you know, economists
have a pretty dim view of how the overseas market's
going to react to rolling tariff announcements. It's already shown
up at the data. The trade war uncertainty has hit

(48:49):
US consumer confidence, which is in the all time lows.
Chinese consumer confidence isn't any better. Of course, also seen
this morning that the IMF has down greater global global
growth expectations for the year and also for next year,
and also raises its odds on a US recession. So look,

(49:10):
you know, could this all have significant implications for New
Zealand exporters. It remains to be seen.

Speaker 3 (49:17):
Okay, when we talk about the March numbers, though, exports
to China up twenty three, twenty three percent of massive numbers.
Is that material in the sense has something happened in China?
Or is this just once again a monthly and normally.

Speaker 20 (49:30):
Look, I think it goes back to those strong prices
for New Zealand dairy, New Zealand meat, and also New
Zealand logs. But there's also record crop as I've mentioned,
for our food growth as well, and I think that's
where those numbers come from.

Speaker 3 (49:41):
Okay, And the trade deficit was still running annually, a
trade deficit. Do you ever see that ending? Do you
worry about that? Should we worry about that? I worry
about that, but no one else seems to.

Speaker 1 (49:49):
Look, it's a really good point.

Speaker 20 (49:50):
You know, all of these really positive numbers are on
the back of an annual six point one billion dollar
trade deficit. But look, that is down from the previous
year's ten billion dollar trade deficit, and I think from
memory the year before that was about seventeen billion dollars.
So look, it doesn't mean that over the course of
the New Zealand is still importing more goods than it exported.

(50:11):
But that continues to be a downward trend and that's
a good thing here. That deficit continues scenario each year.

Speaker 3 (50:18):
All right, Josh, appreciate you time very much, johsh Tan
Export New Zealand Executive Director. So for now they are
very good numbers, nineteen minutes away from seven. But if
you want a material example of where this is going wrong,
specifically with America and companies from New Zealand that trade
with America, Tourism Holdings was talking yesterday. They're the first
locally listed company to directly be impacted by all of
this mess. Dramatic downturn and forward bookings by the US division.

(50:42):
So they are the world's largest commercial are the rental provider, right,
So they've got Maui, they got Brits, they got Apollo,
they got Mighty, they got Hippie, heavily exposed to the
tourism cycles, extensibly involved in both the manufacturer and the
resale of recreational vehicle. So it first became apparent to
them from mid feb. Booking cancelations have escalated significantly in

(51:06):
recent weeks, particularly from European customers. Their Ford bookings are
down between forty and fifty percent. Now, I've been reading
about places like Canada. They've taken it all personally in
Canada and no one's going on holiday in America from
Canada anymore. But the Europeans, a lot of the world
is simply going. It's why would to bother? It's more
trouble at the ball than that. It needs to be
so booking set, but forty to fifty percent reduction and

(51:30):
forward bookings. No company can survive that, can they? Eighteen
away from it?

Speaker 2 (51:35):
The Vike Asking Breakfast Full Show podcast on iHeartRadio powered
by the News talks at be.

Speaker 3 (51:42):
Just while we're on tourism Quickly the hotel data people
for New Zealand room rates are up. In Queenstown christ
Dutch rode a Ruer. I was talking to somebody who's
in Taupo over the Easter period. They said the place
was pumping. You couldn't breathe, which is good. Queenstown, christ
Dutch rote a Ruer room rates are up six and
a half percent, increased two hundred and thirty nine dollars
on a for a room in Queenstown. Still cheap by

(52:02):
world stand it's two hundred and thirty nine dollars christ
Duet is up five percent three percent in rhad of
vegas rates are down ten percent in Auckland Wellington. Auckland's
a bit unique because there's an increased supply. Next year's
opening of the convention center. Are they calling it next year?

Speaker 16 (52:16):
Are they?

Speaker 3 (52:16):
I'm bondizz you know, if it's in my lifetime, it'll
be like the Britado and Expressway. If I see the
Convention Center open in Auckland, I'll be It'll be a miracle.
I've driven past that for the last however number of years,
thinking I wonder if that's ever going to open. It's
going to attract thirty three thousand new international visitors, which
will equate to one hundred and one thousand additional visitor.
Knights Wellington is a story all in itself. They're struggling

(52:38):
with a cut back to the government expenditure, of course,
so that's reasonably bullish for the tourism sector. Mike, I
wasn't going to raise this, but I am now because
you've asked me, Mike this very personal question. Well it's
not actually, as it turns out, just wondering if your
Roman Catholic answer no. The reason I ask is your
continued coverage of his decline has shown warmth and respect

(52:59):
for many months, and from this Roman Catholic much appreciated. Well,
its very nice of you to say. What I was
going to say about the Pope is I have formed
the opinion that the media have fallen into a setting
of default. In watching coverage both from here and internationally
over the last forty eight hours, I've decided that the
passing of the Pope is being overcovered. And I was

(53:21):
standing there. I was watching a little bit of Anderson Cooper,
who was in London, not in Rome, but most of
the media is relocated to Rome in the last couple
of days, and I was listening to him talking about
an old man has died. An old man has died,
which is not a surprise in and of itself given
the medical record. Yes, he was the head of the
Catholic Church, but no, he wasn't the head of the
Catholic Church for a particularly long period of time. My

(53:44):
summation is this, the passing of Queen Elizabeth changed our mindset,
whether consciously or subconsciously, forever, because she was the template.
So when you serve for that length of time, that's different.
And so if the IPE had been serving for seventy
or eighty years and had passed away, that would be major,

(54:05):
But a dozen years or so isn't major. And that's
before you get to the fact that there are one
point five or one point six billion Catholics in the world,
which leaves six and a half billion who aren't Catholic.
So that's a lot of people who aren't particularly interested.
So certainly cover it. There's no problem with covering it,
and the passing of the head of the Roman Clatholic
Church is of note, of course, but to relocate the

(54:25):
entire media to Rome scenes over coverage to me, it
also I found interesting last night in local media terms,
the amount of coverage they gave a story last night
on the news on television which was twenty four hours old,
and it was because it happened at eight o'clock at
night or seven thirty at nine New Zealand time after
their last bulletin. They still find it necessary to repeat

(54:47):
every single thing we've seen throughout the day. And news
is a moving cycle, it's a never ending story. And
still the television news at six o'clock at night in
this country have never quite got their head around that.
Really the world moved on, and by the time they've
sort of gathered all their resources together and presented a
very lengthy package of old news, we have sort of

(55:07):
over it and have other things to think about. But
I'll be interested in your view.

Speaker 2 (55:11):
Ten away from a the Mike asking breakfast with Bailey's
real Estate Newstalk Zibby.

Speaker 3 (55:17):
It is steven away from a new data around our
population and where it resides. Selwyn, as in christ Jurich,
is so hot right now, fastest growing area of the country.
Around thirty two hundred people arrived in the year to June.
It's a three point nine percent increase. In the next decade,
that population could in fact get close to the size
of Dunedin. Messa University sociologist Paul Spinley back with us. Paul,
very good morning to you.

Speaker 24 (55:37):
Good morning mate.

Speaker 3 (55:38):
How does this growth when you look at any given region,
when you get stats like this is growth by osmosis
or is it word in mouth or is it a
marketing campaign or what is it?

Speaker 24 (55:48):
No, it's none of those things. Really, It's about where
there is a growing economy and a growing desire to
live in that place. So Queenstown Lakes is one of
the top growing areas New Zealand, and that's a mixture
of things tourism, hospitality and of course desirability, so a
lot of people. It has a very high level of

(56:11):
second home ownership down there. People have a second home
in Queenstown, so it's a mix of those things.

Speaker 3 (56:16):
Although it wouldn't be the same case in Selwyn, would it,
because you would move to Selwyn. I mean there's something
about the Canterbury region, isn't there. People speak well of
christ Church and Canterbury. There's something going on there.

Speaker 24 (56:28):
Yes there is. But the major thing that's growing both
Selwyn and wei MAAKERI is the displacement that resulted as
it was a result of the earthquake. So what we
see is christ Church is growing back slowly, but the
adjac adjacent here is such as Selwyn have really been
a beneficiary of that. So five point one percent growth

(56:49):
per years just extraordinary, and of course it develops its
own momentum. It's sort of it's got the businesses, it's
got the growth going on in terms of housing, and
it does fall behind in terms of services infrastructure. An
interesting stat for you make is that of the twenty
odd schools primary schools that have got more than seven

(57:11):
hundred students, five of them are in Selwyn.

Speaker 3 (57:13):
Wow, so what do you do? Is there a formula
for any local authority?

Speaker 15 (57:18):
Go?

Speaker 3 (57:18):
Okay, so we've got some more people coming here. We
don't know how many more, whether the growth continues, but
at some point we need to pull the trigger on
a new library, a new bridge, some new footpath and
some pipes.

Speaker 24 (57:28):
No, And that's exactly the problem that Selwyn is now
facing on all of those things that's down in terms
of services and infrastructure. A third of all people in
Selwyn are registered to a GP practice outside Sellen because
there's simply no capacity. And I think that's the issue
make is that we don't do planning very well. And
you notice that the locals say that the three year

(57:49):
electoral cycles just a nuisance in terms of planning for
twenty or thirty years.

Speaker 16 (57:54):
This year.

Speaker 24 (57:55):
The plans ten years ago were that Selwyn would be
around sixty seventh It is at eighty four thousand, so
it's well out in terms of planning and projections. And
I really think this country needs to think about our
regional policies and why we would keep people in some
parts of the country rather than see them leave and

(58:17):
then in other parts of the country, do we need
to reduce the population growth? Can I quickly add that
Selwyn's growing at five point one percent per year, Peppercru
is growing at five percent per year and that's from
international migration. In terms of Selwyn, it's from internal migration.

Speaker 3 (58:36):
Interesting Do you think we'll ever crack that particular nut,
because I mean we've been talking about it forever, going well,
you can go over there and you should move there
and we'll redistribute everyone nicely. It's never going to happen,
is it.

Speaker 4 (58:47):
No, it's not.

Speaker 24 (58:47):
And what we're forecasting is that within a couple of
decades three quarters of New Zealand's population will live in
the top half of the North Island and forty percent
will be in Auckland.

Speaker 15 (58:57):
Is that what we want?

Speaker 16 (58:57):
Now?

Speaker 3 (58:58):
It's crazy, it's crazy. But it's not going to stop though,
is at Paul, listen, I gotta we'll get you back
on another time talk more about appreciate it very much.
Paul Spoonley, who's the massive university sociologists four minutes away
from eight osco I, had another debate last night between
Dutton and Elbanezi. Will get Steve Price on after eight
thirty about this. From my reading, the first two were

(59:18):
snore fests. This one turned up on Channel nine commercial.
First one was behind a paywooll on Sky, second one
was the ABC snore Fest, and the third one was
on Channel nine. It looked like because they limited they
did a format and they limited answers to sixty seconds,
and there was an increased tension and fissant in the
air and they went at each other a little bit.

(59:40):
And from what I can gather, if you didn't think
it was a draw, your thought maybe Dutton got up
and won. So there might be a sense that maybe
his campaign might have been helped. And boy doesn't need
help him because there's not a poll out there that
has n't winning this election. But as I say, Steve
Price will have been watching and he'll give us his
summation after eight thirty this morning. But we have got

(01:00:01):
to do politics Wednesday first with Ginny and Mike, and
we'll do that directly after the News, which is next
here at News Talks Big on the Mike Hosking.

Speaker 2 (01:00:08):
Brest the News and the newsmakers the Mic Hosking Breakfast
with Bailey's Real Estate, Your local experts across residential, commercial
and rural news talks.

Speaker 19 (01:00:20):
He'd be.

Speaker 10 (01:00:30):
I'm ren.

Speaker 18 (01:00:32):
Is I dream beer n de scolgett, I'm rambling.

Speaker 19 (01:00:37):
I cannot be.

Speaker 1 (01:00:38):
On the roll.

Speaker 21 (01:00:39):
My beelivest Charles that be, I've said the lights.

Speaker 3 (01:00:44):
Wrong and I'm so strong. The forthcoming Morgan Wallen album.
This is Morgan and Post Post have been together before
Post Malone and it was a smash hit and so
they've gone again. And this has got this signed disco
music with country woods. Isn't it.

Speaker 1 (01:01:01):
Even I turned into it. It's got event in my night.

Speaker 3 (01:01:09):
I've got thirty something tracks and I've told you before
the album is coming. I Ain't coming back is the song.
The whole album comes out May sixteen. I'll be getting it,
I'll be playing it, and we are working the research
department is currently working on getting Morgan Wallen back on
the program. It is eight minutes past day time for
Politics Wednesday. Ginny Anderson, Mark Mitchell with us. Good morning

(01:01:30):
to both of you.

Speaker 16 (01:01:32):
Morning Mike, wanting Jinny.

Speaker 25 (01:01:33):
Morning to you both.

Speaker 3 (01:01:34):
Ginny, hand on heart and I'm not trying to single
you out as an individual who might be slacking around
at the moment. But what do you do when the
house isn't sitting, when you're in opposition and you're a
list MP, I mean honestly, So so far, I've.

Speaker 25 (01:01:49):
Gone and visited the construction site at Auckland Airport, looked
at the new belt on domestic and the jobs and
skills have there and seeing how that's been going. I
visited toad on it and looked at zeesp for the
day and looked at how goalkeep you through to tracking
what jobs going, what their labor needs are. Yesterday I
went and saw the UN video game how the Rebate's going?

(01:02:11):
So pick pop video. They got the forty million government
under labor rebate and their growth and need jobs as
a result of that increase we delivered last budget.

Speaker 3 (01:02:21):
Superb answer they should be.

Speaker 25 (01:02:22):
Getting over six seven hundred million. And I saw the
city mission and the increase of meeting Fittamine and also
homelessness on the streets.

Speaker 3 (01:02:30):
So very good answer. How much of that is driven
by you? So in other word, you go right, got
a recess. Here's what I'm going to do with my time.

Speaker 24 (01:02:38):
A bit of both.

Speaker 25 (01:02:39):
Yeah, that people will help me plan out things I
wouldn't plan that level of detail without the help of
the Labor Leader's office, so they definitely helped book me
in my own EA helps put me in, but I
will also have an idea of some areas that I
want to grow my understanding of where the economy is
working and not working and what kind of information I need.
And I personally really enjoy getting up close meeting people
working on construction working in those areas, understanding what the

(01:03:02):
pressures on the economy are and how we can we
better in New Zealand's really good for that. You can
get and ask some questions and find out some really
good information and it's part of the job that I
really love.

Speaker 3 (01:03:11):
Good Have you been busy, Mark Not the last couple
of days.

Speaker 21 (01:03:16):
I've been really busy in a very remote location in
northern Balley trying to spear Mahi Mahi of his fear fishing.
But I have to say I did delay my trip
by four days because we had the weather bomb come
through and that keet me pretty busy. But look, I
think it's great that Ginny's have been looking and checking
out Number one. You know, obviously they've we've come through

(01:03:37):
a very difficult time as the country. But there's a
lot of great stuff hppen yet there and I think
we're definitely.

Speaker 16 (01:03:42):
On the right track.

Speaker 3 (01:03:43):
Are you up in Balley at the moment? Yes, I
am past four in the morning.

Speaker 16 (01:03:49):
Yes it is.

Speaker 21 (01:03:50):
And I had to I had to find somewhere that
I could get coverage on my phone because, like I said,
I'm not in the tourist herea, I'm in a very
remote area a million miles from nowhere.

Speaker 3 (01:03:59):
You're catching you.

Speaker 16 (01:04:02):
You can ask me that, like you'd make a billion excuses.
The reality is noish.

Speaker 3 (01:04:10):
So you've gone all the way to Asia to fish
and you just want no fish.

Speaker 21 (01:04:14):
Yeah, but look for me, it's getting in the water
and there's no phones and you can just disconnect and
and I just yet and it's just a beautiful part
of the world.

Speaker 16 (01:04:22):
Some of the best spear fishing in the world. And
so you know, it's my couple of days.

Speaker 3 (01:04:25):
Some of the best spear fishing in the world. It's
just you haven't quite.

Speaker 16 (01:04:29):
I just haven't quite been able to get well myself yet.

Speaker 3 (01:04:33):
Okay, Hey, Jenny Hipkins is calling for the Mallory pay
is it today? The Privileges Committee?

Speaker 25 (01:04:39):
I don't know, to be honest, he's calling on them to.

Speaker 3 (01:04:42):
Turn up today. I thought everyone was the Privileges Committee
will meet when the parliament's not sitting.

Speaker 25 (01:04:47):
A can do A can do it. It can determine
its own program. But to be honest, I've been out
and about. I haven't been in the precinct, so I
don't know when they're due to appear.

Speaker 1 (01:04:55):
Should they appear, Yeah, they.

Speaker 25 (01:04:58):
Should, and it's a good But they've also I think
from what I understand is they've also asked to have
support people in a peer and I think I agree
with the view that if tea kunga is going to
be used in Parliament, there needs to be a discussion
around that. So I think it's probably quite a worth
while discussion, not just for their specific case, but for
us going forward as well.

Speaker 3 (01:05:17):
Do you get to make up would anybody else get
to make up the rules and go? Look, I've been
called to the Privilege Committee, but I'm not really turning up.
I'm inventing my own rules and I won't turn up
and I'll turn up when I want to. And as
long as this person can done, does anybody else get
to get away with that sort of behavior?

Speaker 25 (01:05:31):
Well, people get asked how they want to appear where
they want to support people with them, what time so
that people do get asked in terms of that sort
of level. But to be honest, not before I haven't
seen before this kind of dancing around about when or
not I'll appear, So that has been a bit different.

Speaker 3 (01:05:47):
I'm saying, all right, let's take a brief break. We'll
come back in the moment. Mike Minchell, Ginny Anderson thirteen Past.

Speaker 2 (01:05:52):
The Mic Asking Breakfast Full Show podcast on I heard
Radio coward by news Talks.

Speaker 3 (01:05:57):
It be news Talks have been called a past Kaniy
Anderson and Mark Mitchellweathers. Mark, despite the fact you're in
Balley looking to spear fish. The New Zealand first to
put in a member's bill defining a woman comes out
of that British decision at the Supreme Court last week.
As a local MP is defining a woman those sort
of issues. Does that occupy people's mind or is this

(01:06:18):
just one of these niche issues that the small group
of people get particularly exercised about.

Speaker 16 (01:06:25):
So, as a locally pee for me and my electorate,
this hasn't been brought forward.

Speaker 21 (01:06:29):
Is an issue that I've had to deal on an
individual basis or an issue that's been bought Ford, isn't
it for my electorate?

Speaker 16 (01:06:35):
However?

Speaker 21 (01:06:37):
You know, obviously New Zion First feel strongly about this
and have bought a bill Ford, and that's entirely up
to them.

Speaker 3 (01:06:45):
If it was a conscience boat, how would you vote?

Speaker 16 (01:06:48):
I'd have to see the bill.

Speaker 21 (01:06:49):
It's really hard to even comment on it unless you've
actually seen wat's in the bill.

Speaker 3 (01:06:54):
Is there an issue, Ginny?

Speaker 25 (01:06:57):
I think there are bigger issues out there right now.
I do think it's a distraction. And it seems weird
that they had a bill about bathrooms and they've taken
that out updated it with this one. It seems like
it's the same thing but another I just I.

Speaker 3 (01:07:09):
Mean, look, I actually support what the Supreme Court in
Britain said, But having said that, I just don't know
how exercise people are on any given day about something
like this.

Speaker 25 (01:07:20):
People are more worried about paying their bills and buying
food and paying rental mortgage than than doing this this.
Would it be some people are, but you know the
majority of people I deal with are not concerned.

Speaker 3 (01:07:32):
Would you would it be a conscience vote?

Speaker 1 (01:07:34):
Do you expect no conscience votes?

Speaker 25 (01:07:37):
You just usually things like like alcohol is always things
like abortion or ethan agia are But I think it's
a determination by the by the clerk, and that in
terms of whether it falls in as a conscience photo
or not. And parties can choose whether they think it
is a part conscience vote or not. But that determination

(01:07:57):
sometimes is not an easy one to make.

Speaker 21 (01:08:00):
Yeah, so there are conventions around what normally does fall
inside of a conscience vote. However, caucuses have got the
ability to decide themselves whether they want to treat the
voters a conscious vote.

Speaker 3 (01:08:11):
Would you vote Mark on Easter if they went to
change Easter? I tried to avoid it because it's so boring,
But nevertheless, if they well, I mean, you know it's
every year and on Sunday. How would you vote Sunday
if you voted on it tomorrow?

Speaker 21 (01:08:28):
Well, I mean Kieren mechanoltys spills going through the house
at the moment, and at the first reading I voted
to support that, Yeah, only because I do like people
having you know, I do like the idea of people
having their own choice in terms of what they want
to do.

Speaker 3 (01:08:45):
And so what what where would you vote? Jenny?

Speaker 25 (01:08:48):
I think it needs a tidy up. You know you
do say, you know, you've got to different places and
people are.

Speaker 3 (01:08:52):
Paying it's insane. The whole thing's in sorry.

Speaker 25 (01:08:54):
Charges and it just seems weird and they're not you know.
So I think it probably needs a sort of party
consensus across the board that it needs to tidy up.
Here are the broad parameters, and we should just do
it as an agreement. Because that's the thing about my
body's interest.

Speaker 3 (01:09:07):
Sure, that's the thing about conscience, vans, isn't it. Mark
what you vote on. Conscience is not necessarily why you're
in parliament or who put you in parliament. So which
way your favor? As an electorate MP? Do you go
to the electorate or do you go to your own conscience?

Speaker 21 (01:09:21):
So I go to the electorate and there's no right
or wrong answer, but I just feel strong in myself
that my electorate have voted me in to be their
representative in Parliament, and so I always go to a
majority view, and I'll do public meetings, I'll do surveys
and I'll do I'll have a ballot bots and own
office that people can come in they can show that
they are the electric and vote on it. Other MPs

(01:09:42):
take the view that they've been voted in by the electorates,
so they're trusting them with that conscience vote. There's no
right or wrong.

Speaker 3 (01:09:49):
I just go off what my electriate wants and what
about you, Jinny, I'd.

Speaker 25 (01:09:52):
Probably do a bit of both. There's always good engagement
on things like social media and your public meetings or
like I go to the market every couple of weeks
and people will tell me what they think, so that
gives you a good gauge or when where people are
at and you sort of weigh up those views along
with your own and think, you know, what's the best outcome.
So yeah, on those ones, it's and it's interesting too
because these sort of and the way it's voted with

(01:10:15):
things like abortion in euthanasia as it's often the Christian
members on both sides who vote against, and then it's
small liberal ones on both sides, and her Labor National
voting the same on.

Speaker 24 (01:10:25):
Some of those issues.

Speaker 25 (01:10:26):
In Labor National her are more you know, fundamentalists in
their in their views voting the same way.

Speaker 3 (01:10:31):
Do you find normal people out in the markets.

Speaker 25 (01:10:34):
You do get a whole range of people there, but
the Riverbank markets and the Heart are outstanding for cheap
veggies and really good takeaway food as well. I have
a special favorite to ask Mike. My daughter Eliza is
eleven today and she's listening on the radio in the kitchen,
and she asked me if I would ask the man
with the magic DJ boye if he would say happy birthday, Eliza.

Speaker 3 (01:10:57):
So hand on heart did she use Did she use
the words magic j boys?

Speaker 15 (01:11:08):
She did not?

Speaker 25 (01:11:09):
Might have like ed in the hope of getting it.

Speaker 3 (01:11:12):
Well, Eli, Eliza, I wish you a very very happy birthday,
and I hope Mama's got you the greatest gift of
all time and that you're happy with it and this
cake and this celebration and you're still too young for
a boyfriend. How does that go?

Speaker 16 (01:11:28):
Happy birthday, Eliza?

Speaker 10 (01:11:29):
Not at all?

Speaker 15 (01:11:30):
Mark.

Speaker 3 (01:11:30):
Was the plane fall going up or not? Tourism question?

Speaker 16 (01:11:33):
Yeah, it was, it was. It was, It was pet
it was it was very full.

Speaker 3 (01:11:37):
Could you see all the way to the back of
the plane from where you were?

Speaker 16 (01:11:42):
Well, I was lucky, I admit I was flying premium economy.

Speaker 1 (01:11:46):
It was very nice.

Speaker 16 (01:11:48):
Well, I did give up my seat for someone she.

Speaker 21 (01:11:51):
Was very anxious, and yes, because they were sitting in
the middle and they were very anxious about sitting in
the middle, and they asked if if they could swap
seats with me because I wasn't and I was on
the out side, and I said, you of course, there
you go.

Speaker 16 (01:12:01):
So we so we swap seats.

Speaker 3 (01:12:03):
Well that's a that's a nice thing to mind you.
If you hadn't done it, someone would have social media
in it and they would have done it. Met youll
refuses to give up seat that would have been in
the Herald on Sunday.

Speaker 25 (01:12:13):
I try to stay like it from economy into business
by saying I feel really anxious.

Speaker 3 (01:12:18):
Did you just just go up and say I'm so anxious?
Somebody helped me.

Speaker 1 (01:12:21):
What are you doing?

Speaker 3 (01:12:22):
What are you doing for Eliza? By the way today, Jenny,
what are we doing?

Speaker 25 (01:12:27):
I met my mum and dad's out in we Stalkland,
so we're having a poplanent lunch at Peter at the beach.

Speaker 3 (01:12:33):
There you gouse a nice day for it too, beautiful
blue sky, beautiful all right for you two joint and
mark you on holiday the entire time. We're going to
see you in tile and Balley next week or no, no, no, I'm.

Speaker 21 (01:12:43):
Beck I'm becking. A couple of days. So yeah, it
was a very it was. It was a shortened visit,
but I'm loving it.

Speaker 16 (01:12:49):
I'm with Sierra.

Speaker 21 (01:12:50):
We're a remote path Balley absolutely stunning, good and good
way to reach out to picture excellent.

Speaker 3 (01:12:55):
All right, well whilst send my usual Judy free list
and you can take care of that, say twenty.

Speaker 2 (01:13:03):
Two the Mike Hosking Breakfast with a Veda Retirement Communities
News togs headv.

Speaker 3 (01:13:10):
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Speaker 4 (01:13:53):
Got it.

Speaker 3 (01:13:54):
Write it down two degrees dot end z forward slash
business to find out more terms and conditions apply, Asking Mike,
I think the fact that Mark calls him whilst he's
on holiday and Bali just shows you the kind of man.

Speaker 15 (01:14:08):
He is.

Speaker 3 (01:14:08):
Never a break for them. No, it's a fair point.
He's never broken Stephen Joyce's record. He's missed two in
the time he's been on the program. One was not
his fault because it was a singular flight out of Dubai.
He was on it, couldn't do anything about it, so
he missed, so we forgave him that one. One he forgot,
So he's won down on Stephen. Stephen never missed a
single one, and he was being the Minister of everything.
He was all over the world and he called Informasia

(01:14:30):
a number of times. But I admire Mark's dedication and
work ethink. But what I also like is Eliza's birthday
with the grandparents. There's something wonderfully, you know, in a
world where kids are nothing but trouble and blue sniffing
and ram raiding little snots. There's something wonderfully reassuring to
know there are still kids out there and they are
think the Good Lord. The majority that for the eleventh

(01:14:52):
birthday the game for a picnic with their grandparents to
a beach, and that to me is New Zealand the
way it should be. So it was wonderful to hear that,
and I from the family have a wonderful, wonderful day
us In a couple of moments the election campaign debate
last night, how did it go? Steve Price?

Speaker 17 (01:15:07):
Next?

Speaker 2 (01:15:08):
The only report you need to start your day on
my casking breakfast with a Vita Retirement Communities, Life your
Way News, Togs had.

Speaker 3 (01:15:17):
Best'll tell you what Elon's had better days, they reported
after the bell. So it'll be interesting to see how
it's received tomorrow on the market. But Tesla is in
a world of pain. This is for the first quarter
deliveries to client thirteen percent, overall net in come down
seventy one percent. Earnings per cheer came in at twenty
seven cents. They thought it'd be forty one. Double digit

(01:15:39):
percentage drops in the US and China and Germany nineteen
point three billion in revenue for the quarter, which is
down nine percent. Revenue from the company's automotive business fell
twenty The interesting thing is the energy business grew sixty
seven percent. They also get a lot of money from
other companies who can't meet their un climate targets. Of course,
in California, which is the largest EV market in America,

(01:16:00):
could sheer fell to forty four percent from fifty six percent,
so they're tanking. Shipments are down twenty two percent for
the quarter in China, they're down sixty two percent in Germany.
So I don't know what they do about it, because
it's not just tariffs, it's it's him and its image
and its reputation as well. Meantime, across the Tasman, here's

(01:16:21):
what last night sounded like.

Speaker 26 (01:16:22):
Location that had been previously put in the budget prior
to your coming into office. You ripped eighty billion dollars
out of those two items in two thousand and four.

Speaker 3 (01:16:32):
Minister, you couldn't slice straight in bed. Honestly, this is unbelievable.

Speaker 26 (01:16:36):
It can go to abuse. Well, it's just the abuse
that's a sign of desperation. Frankly as he's lying, well,
that's a sign of desperation.

Speaker 2 (01:16:45):
International correspondence with endsit Eye Insurance, peace of mind for
New Zealand business.

Speaker 3 (01:16:50):
And then the thirty three price was watching money mate.
You know that all the three and you will have
seen them all. Was that the better of the three?

Speaker 4 (01:17:00):
It was the most brutal of the three. I've got
to say that. I mean Debate one with people in
the audience asking questions on Sky, Debate two is on
the ABC. That's always going to be pretty tame, and
the format last night was that they had sixty seconds
to answer a question. They had three people from the
nine network sitting on a panel. I thought, lye straighten,

(01:17:24):
their comment probably was un He shouldn't have said it.
He doesn't need to resort to personal abuse. I mean,
this election has been a disaster from the beginning for
Peter Dutton and he has to pull something out of
the woodwork to try and get himself back in the game. Now,
insulting the Prime Minister, regardless of what you think of him,

(01:17:46):
is probably not a good thing. We'll see what people
make of it today. But I thought Anthony Albanezi looked
nervous and if it's shifty and he never looks comfortable.
He's got a glass to or and hates being abused.
In the Dutton he is desperate and needs to get
back some of the votes that he's lost already. Prepolling
started yesterday. Queues at pre polling stations around Australia were massive.

(01:18:09):
Now you know, normally we would all in the past
turn out on election day on May three and vote.
Now everybody's seeking out a pre elect prepole place to
go and say, oh, well, I can't vote on voting day,
so I want to vote now. How that means they've
made up their mind and that's dangerous for the coalition
because Peter Dutton will today now so that he's going
to spend twenty one billion dollars on defense over the

(01:18:32):
next five years. He'll take our percentage of GDP on
defense spending up to two point three to five percent, sorry,
two point five percent, ahead of what Labour's spending, but
below what Donald Trump wants. So what that means is
a lot of people have already made up their mind. Now,
if they've made up their mind, that's not good use
for the coalition.

Speaker 3 (01:18:51):
No, indeed not so they reckon as many as half
the people have. So you're chasing in ever diminishing return,
aren't you. You're chasing the people who haven't voted, which
is fifty percent of the electorate and so totally interesting.
That defends money you speak of, Is that an election issue?
I mean, is that going to swing a vote? If
you spend more money on submarines and tanks?

Speaker 4 (01:19:11):
Not in the cost of living crisis now it'd be
way down the list, cost of living at the top,
housing crisis number two. They're the things that people are
most worried about. And so look, it's a good thing
for the Australia who's going to put a hand up
and say we're going to defend ourselves. But it's not
going to turn a vote. The other interesting development today,
and this is a bit of big story out of
Australia today, is that the Labor Party has decided to

(01:19:34):
preference the Greens number two on most of their how
to vote cards, including in Anthony Albanesi's own seat of
Merrickville in Sydney and a woman called Thomas. She has
in the past said some pretty horrendous things. Anna Thomas,
her name is about Palestine and Israel and Anthony Albanesi

(01:19:59):
will put a number two next to her name on
the hat to voatcard. The other tricky thing Mike is
that he doesn't even reveal that she's a Green. Now
she has come out and said a vote. He has
come out and said she has come out and said
a vote for the Greens. This is the Greens candidate
in the PM's own seat is to vote with Palestine.
The Albanesi government's complicit in genocide in Gaza and should

(01:20:22):
help lock up Benjamin Netanyahu. Now, how cynical is it
of major Pretty much the majority of the Albanzi cabinet
are going to put Green's number two on the ticket.

Speaker 3 (01:20:34):
How many people would understand that?

Speaker 17 (01:20:36):
See?

Speaker 3 (01:20:37):
The preference thing fascinates me because I read the other
day that once upon a time, and it wasn't that
long ago, very few seats were sorted out in the
first round. Most seats are preferenced these days. In other words,
the outcome of any given seat is heavily reliant on preferencing.
And if it's so reliant on preferencing, how the hell
do you know what you're voting for?

Speaker 4 (01:20:56):
Well, it's difficult, and you mean you can lamely take
a hat to vote card given to you, vote whatever
party you think you're voting for, and just tick what
they say, which is what most people do. I mean,
if you're a Greens voter, you vote the Green ticket.
If you're a Labor voter, you vote the Labor ticket,
and so on with the coalition. Some people in individual
seats who want to vote independent will put the Independent

(01:21:17):
at the top and they might then have to make
a decision between Labor and Liberal at number two. So
preference votes, as you quite rightly say, do decide the
outcome of the election. I think this will blow up
big time in the PM space today. It's something that
Darton should get hold of and say again and again
and again. A vote for Labor is a vote for
the Greens.

Speaker 3 (01:21:37):
What are the Greens poll out roughly in general terms.

Speaker 4 (01:21:42):
Somewhere?

Speaker 3 (01:21:44):
And are they radical? See our Green Party isn't really green.
Our Greens all sort of they want to defund the
police and they're.

Speaker 4 (01:21:51):
All correct, same right sore those old drugs. Right.

Speaker 3 (01:21:55):
So you it's the labor supporter traditional Albanzy supportern't naturally
aligned with the Greens because the Greens aren't about the environment,
They're about other stuff.

Speaker 18 (01:22:05):
Correct.

Speaker 4 (01:22:05):
If you're a working class later supporter living in Western
Sydney of northern Melbourne, your values would not line up
with the Greens at all, particularly on things like Palestine,
but also on things like Laura and Order legalizing drugs.
The Greens would send the country broke in a heartbeat.
But I looked back at the election that Julia Gillard

(01:22:28):
could not win on her own and ended up doing
a deal without a band in the Greens. So label
will deal with the Greens, There's no doubt about that.
If election is as tight as tight as it might be,
he will definitely do it.

Speaker 3 (01:22:39):
I was watching your colleague Laura Jayson Sky yesterday trying
to bundle up Moniku Ryan, who was standing on the
street in two rack and she doesn't talk to she
doesn't do media interviews these days. And this was the
business of paying influences to spruit their stuff, so a
lot of that going on. I mean, how do you
run as an MP standing on a footpath refusing to talk.

Speaker 16 (01:22:57):
To the media.

Speaker 4 (01:22:58):
You've got to be careful because you've got to refer
to her as doctor.

Speaker 3 (01:23:02):
Oh sorry, Ryan, sorry, the doctor.

Speaker 4 (01:23:04):
You can't just say Manique rhymes doctor Minique Ryan. Well
she just went won't engage with normal media. I mean
she's spending millions of dollars out of Climate two hundreds
bank account on posters and banners and that got her
husband running around the electric tearing down her opponents how
to vote posters. So Manique Ryan's a shocker. Will she

(01:23:28):
get back in? I mean, God can only pray that
she doesn't.

Speaker 3 (01:23:30):
All right, mate, go well, we'll catch up next week.
Appreciate it very much. The price out of Australia for us.
This morning, just in Prime Minister will be attending the
Pope's funeral Pro Francis's funeral that's coming Saturday. That will
be a day after he attends the ANZAC services in Ghilippi.
So he's in London and we'll be going to Gallipoli
and then we'll be going on to Rhyme. It seemed
too close to be in that part of the world

(01:23:52):
for him to miss out. So that's just been announced
by the Prime Minister's office. Eight forty five.

Speaker 2 (01:23:58):
The Like Asking Breakfast Show podcast on iHeartRadio, Howard By
News talks at b.

Speaker 3 (01:24:05):
Mike Tesla's Upper Buck fifty four or zero point six
seven percent and after US trading, so the market must
have been expecting worse. Mike, appreciate your input on that.
Just gave Tesla's result before we went to Steve. By
the way, c ATL, which is short for Contemporary Amperex
Technology Company Limited one of the biggest, if not the
biggest battery makers in the world, and they supply a
whole bunch of EV makers in various parts of the world. Anyway,

(01:24:27):
they've anounced they've got a five hundred a couple of
years away, but they're doing a whole bunch of stuff around.
Batteries are cheaper, lighter, faster to recharge, more resilient to cold,
all that sort of stuff. Anyway, they reckon they got
a five hundred and twenty kilometer battery, which in and
of itself is no big deal, but you can charge
it in five minutes. So if that's for real and
they can whack that in a car, that's the game change.

(01:24:49):
That's the thing that's holding EV's back, apart from you know,
all sorts of interesting things like the price and driver
ability and reliance and resale value, et cetera. But if
one of the biggest is how long does it take
you to recharge? So it gets rid of the range anxiety.
If you can pull into a place and take no
longer than you can currently for petrol to recharge your
car as battery, then that changes the whole dynamic of

(01:25:12):
what we're dealing with as far as I can work out.
Strange business. I didn't realize, but the Academy came out yesterday,
the Academy of Motion Picture Arts and Sciences in Los Angeles,
and they change the rules around the OSCARS. So there's
a new regulations, new regulations on AI and also Refugee
Filmmakers International Film Category. It will allow the filmmaker with

(01:25:36):
refugee or asylum status to be represented by a country
not their own. So what they're arguing is, if you're
a refugee, you've got to go back to the country
you fled from. And of course the country you fled
from will be controlled not necessarily by a person of
your liking or choosing. Hence you've fled, Hence they may
not be that accommodating of your desire to be an

(01:25:58):
entrant in the OS. So they've said, if you've lobbed
into America and you're living in Hollywood, name America as
your country, and will have a look at your film.
So that's moderately interesting. What's even more interesting, and what
I didn't realize is, of course the members of which
there are hundreds, if not thousands, most of them are
the famous people. You would know you don't actually have
to watch the movie to vote. I would have thought

(01:26:20):
that would have been a given. So all of these
people who vote for the oscars do not have to
and indeed don't watch the movies they vote for, so
something of such significance in the film industry, it's entirely possible,
and they admit it, particularly in long form movies, because

(01:26:40):
they have a look at some of the some of
the pieces of paper with no names on. They go, well,
I didn't watch that one because it was too long.
And yet you can win an oscar, and it's entirely possible.
Half the people who voted for you didn't even see
the movie. How weird is that? Anyway? That rule has changed,
How they're going to regulate it, I've got no idea
how they're going to prove that you did watch it.
I've got no idea, But that will be the new
rule going forward right away from nine the.

Speaker 2 (01:27:01):
Mic Hosking breakfast with the range rover of the Lawn
News talks head be.

Speaker 3 (01:27:05):
Mike, it might be able to charge in five minutes,
but will you be able to do that? The power
infrastructure required will be well, that's another time thing. It'll
all come right eventually. By the way, if you spend
as much time as I do on the shopping channels,
you might have noticed a bit of a trend.

Speaker 1 (01:27:23):
I will say this.

Speaker 27 (01:27:23):
We are talking about tariffs, and I know I get
it because a lot of people are writing in They're like,
don't say it.

Speaker 3 (01:27:28):
I don't want to hear the word tariff again.

Speaker 27 (01:27:30):
But right now, two hundred and fifty percent increase in tariffs,
that's what we're facing. So all of these items, seriously,
they will never come back for that price tag of
twenty four to ninety nine, and they may never come
back period.

Speaker 1 (01:27:44):
Take close up.

Speaker 27 (01:27:45):
Look this is the final nineteen.

Speaker 3 (01:27:47):
That's what I'm doing in the afternoon. I'm buying up Big.
I'm buying Giant cup Big. By the way, Andre Egacy,
this weekend is going to deboo as a what give
you two guesses?

Speaker 14 (01:27:56):
Wrong?

Speaker 3 (01:27:57):
Professional pickleball play he's going to be a professional pickleball
players taken up pickleball. Who hasn't taken up pickleball? Every
person in the world is playing pickleball and pickleball courts.
If you've got money and you want to put it somewhere,
don't put it in Tesla, put it into pickleball infrastructure.
Tell you ask any club that's got a pickleball court

(01:28:17):
how many bookings they've got versus bookings to a squash court,
bookings to a tennis court. Pickleballs the future five minutes
away from nine trending.

Speaker 1 (01:28:25):
Now you're one stuff for Mother's Day.

Speaker 3 (01:28:29):
Fragrances speaking a sports shack as An O'Neill. So he's
been on the inside the NBA show and unfortunately mid
air he had to go. He said, I got to go.
And you know what it's like on Live T when
you've got to go, You got to go?

Speaker 16 (01:28:42):
Is you know what your big fell and I'll catch
it a crap.

Speaker 3 (01:28:47):
Got there, keep talking, Joe, Yeah, we're on TV.

Speaker 16 (01:28:50):
Know what we don't work? That's that olive all you've
been drinking.

Speaker 1 (01:28:53):
Now you take some matches with you, Hey, listen, he
could hold it del I'll hit the forty's.

Speaker 3 (01:29:02):
It first you gil listen, hey, listen.

Speaker 1 (01:29:05):
Then drinking little water? Drinking that water?

Speaker 4 (01:29:08):
Chuck, stop talking so that much?

Speaker 1 (01:29:11):
What should be finish your points that we can go
to break wait on your pol.

Speaker 20 (01:29:16):
I'm sitting here like the hell up, I'm sorry about that,
America number one.

Speaker 3 (01:29:22):
He doesn't sound well, does he does? He sort of
just I saw him running too, And when I say running,
he doesn't run. He sort of shuffles. Anyway, he's he's
on hundred and forty seven kg's which might have something
to do with it. Where's a twenty two as in
size he's seven foot one, so getting around. When you
gotta go, you gotta go. But anyway, if you've got
nothing on this afternoon, hit the shopping networks. Honestly, I
tell you some of those prices you're never going to

(01:29:44):
see anything like it again, because those terrorists are just
destroying the home shopping networks all over the world. And
once those products are gone, I mean you know, once
they're gone, they're gone, you're not going to see them pack.
We're back tomorrow morning though as of six o'clock. As always,
happy days.

Speaker 1 (01:30:00):
Where you can go.

Speaker 4 (01:30:04):
You're not the part live

Speaker 2 (01:30:08):
For more from the mic Asking Breakfast, listen live to
News Talks A B from six am weekdays, or follow
the podcast on iHeartRadio

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