Episode Transcript
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Speaker 1 (00:00):
Opinionated, informed, unapologetic if the Mic Hosking Breakfast with Ranger
of a Sport SV the Ultimate Performance SUV, news togs
ed V.
Speaker 2 (00:09):
Why are you're welcome today?
Speaker 3 (00:10):
The Trade Ministers after signed that to Indian FTA, we
got four billion and counting into the economy from the
Golden Visa program goes to Moody allegedly one of the
Famous five or the Furious five or whatever five you
want to call them. The stopping by to give me
an ear full Barry Soap has written an awesome book
on all the PMS he's dealt with over the years.
Joe McKennis and Rome Rob Little is in Great Britain posty,
(00:31):
so we're often running for a Thursday Morning seven past six.
Very poor example actually of welfareism has come to our
attention this week from Business New Zealand. They want cheap
loans from the government so their members can transition from
gas to something else. They called it a rare plea
as well, they might give them their called Business New Zealand,
not Welfare New Zealand. See, this country's already besieged with
(00:51):
those who love a handout, and we've all been reminded
of such as of the start of Epic Fury. Now,
I'm not sure whether the percentage of the New Zealand
population has always been large when it comes to someone
else paying for your life, or whether we developed a
taste for it during COVID and the Robertson adurned years
of largess But Epic Fury wasn't too many days into
the bombing before calls from all sides came for food
(01:11):
and clothes and of course chep petrel. Just yesterday The
Herald managed to find a group who claimed they couldn't
afford the petrol to get to the free food at
the charity outlet, so sort of a supply chain crunch
for freebies. Business. New Zealand's argument is predicated on the
idea gas is running out and running out faster than
we thought. Small reminder, this news isn't new news. We've
known this for years. They go on to say the
(01:33):
situation was created by the political decision to ban oil
and gas. That's mainly but not entirely true. We were
running low anyway, poor old Jacinda and her captain's called
didn't help. But the point is the red flags have
been flying for a while now. Of all the people
who should know. Nothing is free. Its business, as represented
by Business New Zealands, someone always pays. If the government
(01:55):
ran a surplus, I guess they could use their credit
facility as a major borrower to slip some cheapest money
businesses way. Maybe, but we are pretty much broke. We
on an annualized in year and year out basis, have
less than no money. We spend each head every year
more than we make. Said, but simple truth. From charities
to do goods and the lift leaning economic illiterates, I
(02:15):
get it, it's a habit. But from Business New Zealand,
when the people who make the money and provide the
jobs one handouts, we look of awfully third world and
probably need some night classes on economics. One oh one.
Speaker 1 (02:30):
News of the World in ninety seconds.
Speaker 3 (02:33):
Right, please fire update. Iran claims they've grabbed a couple
of ships. The owners have won. The Greeks say that's bollocks. Meantime,
are they talking?
Speaker 4 (02:39):
Trump says he is waiting for concrete proposals from Tehran.
Tehran says he is delusional, and the fact that JD.
Vance and other negotiators are still here in the United
States and not in Islamabad tends to support Iran's version
of events.
Speaker 3 (02:55):
In around itself. A ceasefire is a relief, but the
infos and short supply this.
Speaker 5 (02:58):
Is fluctuation has occurred many times. Has made me really
sick and tired. We really don't know who is in
charge in Cairvan. We are just curious to know who
is deciding over our destiny.
Speaker 3 (03:11):
You can blind and related met his lookdowns has cut
a whole bunch of summer flights over night, mainly short
hauls the tiny prices you've never heard of, but fuel
is an issue.
Speaker 6 (03:18):
Many people's holidays will be affected either because of flight
cancelations are very very expensive tickets. What we are trying
to do is do as much as we can to
prevent that that happens. But even if we do everything
we can, if the jet uel's not there, it's not there.
Speaker 3 (03:34):
And in Britain, costs are mounting.
Speaker 7 (03:36):
You've got electricity alone, which is roughly thirty percent higher
than what we originally forecasted. We've got gas which is
nearly sixty percent higher than what was originally forecasted at
the beginning of the year.
Speaker 3 (03:46):
And then also in Britain would have surprised you to
learn the PM still running is old. It's not my
fault line.
Speaker 8 (03:51):
So Olive Robbins was asked if he shared that decision
with me, number ten or any other ministers.
Speaker 3 (03:57):
He gave a clear answer no. Just to speaker.
Speaker 8 (04:01):
That puts to bed all the allegations leveled of me.
Speaker 1 (04:03):
By those opposite in relation to the solid story.
Speaker 3 (04:07):
Does it put it to bed? Kimmy does things, so.
Speaker 1 (04:09):
This was not due process.
Speaker 9 (04:11):
Everyone knows the price of misleading the house.
Speaker 4 (04:15):
Will the Prime Minister finally take responsibility and.
Speaker 3 (04:19):
Go my worst Starma also had to admit he did
ask for a nice job for his old mate Doyle,
who in the end hung out with the wrong people
and got the whip suspended. And none of that makes
sense to you. Don't worry. Rod's all over it. Later
on in the program for Now and News of the
World in ninety head Starmer's worries he got the trumpflation
figure in because they do inflation monthly, they're starting to
(04:40):
see epic fury. Three point three percent is what the
overnight number came and in Britain inflation wise eleven past six.
Speaker 1 (04:50):
The Mic Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talk Zippy.
Speaker 3 (04:59):
Tell you who's doing well at the moment. Japan exports
rose for the seventh straight month, Global demand solid rising,
prices up eleven point seven percent year on year for March.
So we'll take that, won't we. Fourteen per six is
Andrew Kelleher, Good morning, Hi, Mike. Now this is interesting
cochlear as in as in what hearing aids yep, and
(05:21):
they're in trouble. What's happened here?
Speaker 8 (05:23):
Well, we don't see this sort of thing very often, Mike.
This is almost a black Swan type event really, and Mike,
for a lot of investors, and why this is important.
If we talk about the home market in New Zealand,
the home market doesn't just include the New Zealand Stock
Exchange now because it's so small, Investors tend to look
at the Australian and New Zealand market as a sort
(05:43):
of home market and global equis outside of that. So
yesterday all eyes on the Australian Exchange because what well,
what's considered to be one of Australia's blue chip companies
had a day that for all the wrong reasons, will
probably go down as one to be remembered for a
long time. And in case, people haven't heard of it.
Speaker 10 (06:00):
Cochlear.
Speaker 8 (06:01):
Yeah, it's a big Australian sort of health company specializes
in medical devices, but a world leader and implantable hearing device,
so very much a global player, very.
Speaker 3 (06:11):
Dominant in that market.
Speaker 8 (06:13):
Now, the shares fell over forty percent yesterday, so that
is you're not hearing that wrong. Forty percent after the
company issued a material profit downgrade. So look, look, Mike,
the share price of this company had been under pressure
within the last year. The share price has been over.
It was over at one stage three hundred dollarsy dollars.
It had fallen before this debacle to circle one hundred
(06:36):
and seventy Australian dollars. And performance have been poor, so
that but that was judas sort of slowing sales and profits.
But management informed the market yesterday that they now expect
earnings for the June year to be between two hundred
and ninety and three hundred and thirty million. Now, the
previous guideline was significantly in excess of that four hundred
(06:56):
and thirty five to four hundred and sixty million, So
that's a thirty percent downgrade. But Mike, the real issue
here is this is for the year to the end
of June. Well, in case anybody'd be reminding, we're almost
at the end of April, so this is less than
three months out from the end of the year. All
of a sudden they're turning around and say, hey, we
haven't quite got this right now. They've given a variety
(07:17):
of reasons, softening and developed markets to us being one
of those, the Middle East disruption, there was industrial action
in Spain and Italy that affected surgical capacity. But the
fact of the matter is they're just not selling as
much as they thought they would. You have to point
out here, Mike, this was an absolute market Darling. Back
in twenty twenty four, the share price was three hundred
(07:38):
and forty three dollars, so you would have had a
market cap of probably an excess of twenty billion Australian dollars.
Yesterday the share price went from let's call it one
hundred and sixty eight dollars to ninety nine dollars and
fifty eight cents. That's a forty percent drop. You would
never expect to see that from one of Australia's largest
(07:59):
blue chip company. A crappy little penny dreadful perhaps, but
not something like this. It will be in portfolio as
many I would have thought. I don't know, but I
would have thought this would be in key we say
for portfolios, I mean and sort of many port foiling
Zil absolutely staggered the Australian market yesterday and it was
such a big move that dragged.
Speaker 3 (08:17):
The Australian market down as well. So drag the Australian
index down one point one acent. You don't see this,
Does it draw the attention of officialdom?
Speaker 2 (08:25):
Ah?
Speaker 8 (08:26):
Well, there's a lot of questions are going to be
asking about continuous disclosure.
Speaker 3 (08:31):
We'll see that today, okay. Ebos Yeah.
Speaker 8 (08:34):
On another scale, Ebos is a dual listed company, so
this is listed on both New Zealand and Australian Exchange.
Also made a profit announcement yesterday. Ebos listed health and
animal care company. Nowhere near on the satan scale as
Cocklia might, but I think it's useful to point this
one out because it's symptomatic and representative of what many
(08:55):
many other companies.
Speaker 3 (08:56):
Will be experiencing.
Speaker 8 (08:57):
They delivered an update on the impact of elevated fuel
prices and broader energy cost pressures on the group's earnings outlook.
So it's not just feel night. This is the realization
we're all now experiencing. It's all hydrocarbon related consumable products,
think plastic wrapping, polystyrene foam. That means, you know, direct
transport costs, consumable cost, logistic costs.
Speaker 11 (09:18):
Key here.
Speaker 8 (09:19):
They can't pass all of the extra cost on. So
they now expect their earnings to be sort of five
to ten million below what they what they were because
they are having to absorb some of the additional costs.
So no only are on the same scale. Share price
fell three point four percent yesterday. I will just quickly
balance it off, Mike. Though we did get a positive
earnings announcement yesterday, Mercury increase its.
Speaker 3 (09:41):
Earnings forecast.
Speaker 8 (09:43):
Higher forecast renewable generation.
Speaker 3 (09:46):
But so you're probably paying more for your power exactly. Now,
what are the numbers?
Speaker 8 (09:50):
So the US markets, Mike, they are sort of looking
at everything very positively at the moment. They are pricing
in this conflict as if it's over. Ol Jones up
point four five percent overnight two hundred and twenty points
four nine three seven oh the s and P five
hundred still flirting with all time highs up sixty one
points at the moment point eight six percent, seven one
(10:13):
two for the nasack up three hundred and thirty two
points one point three seven percent twenty four thousand, five
hundred and ninety two. They're focusing on things like the
earning season at the moment, and we're seeing strong earnings
Forozy one hundred fell point two percent ten thousand, four
hundred and seventy six, the Nikke up point four percent,
fifty nine thousand, five hundred and eighty five. Sheng Hoo
competed up half a percent four one oh six, as
(10:35):
said the Aussie yesday, they got smoked down one hundred
and six points eight eight four to three to close there,
we were up for point one percent on the ends.
The next fifty twelve thousand, nine hundred and forty five key,
we doll up point five nine oh nine against the
US point eight twenty five oh Ossi point five oh
four to five euro continue to just inch up against
the pound point four three seven three ninety four point
(10:55):
two Japanese yend gold four thousand, seven hundred and thirty six.
Speaker 3 (10:59):
And just to show that.
Speaker 8 (11:00):
This the conflict is not over. Ren Crude one hundred
and one dollars and sixty two cents, So you tomorrow.
Speaker 3 (11:06):
Mane Andrew Kella, hers show and partners Pascal Airline News,
Good and Bad United. They've cut their forecast for twenty
six The fuel is finally getting to them. But up
until this point they've been going gangbusters. Revenues up all
over the place, so up until now it's been fine
Boeing mixed bag, but they're bullish and this effects in
New Zealand. Of course, the seven three seven Max they're
(11:27):
making forty two a month. They think they're going to
bump that to forty seven, so that's encouraging. And they're
expecting certification on the Max seven and the Max ten,
so that'll help Meantime, Trump's directly involved in the rescue
of Spirits. Spirit's been in and out of liquidation several
times and they look to be heading there again, but
Trump looks like he wants to save them. So that's
the aviation news. And I gave you the Lift tunt news
(11:49):
earlier on this morning, so she's all go in the
plane world this morning, sixth twenty one and a half.
Here in News Talks dB, the.
Speaker 1 (11:56):
Mike Asking Breakfast Full Show podcast on iHeartRadio powered by
News Talks at.
Speaker 3 (12:01):
Me, Mike, best comment you ever made. Well, I'm not
sure that's true. I mean, it's very kind of you
to say, but I don't think I peaked this morning.
It was moderately good. But on that anyway, great summation
of the mindset of New Zealand today. The promise of
Michael Joseph Savage to look after people from the cradle
to grave is an appalling message. You never hear of
the pioneering spirit anymore. Speaking of which, the ndies. We
(12:22):
won't focus on it today because we're too busy, but
Murray'll covered off tomorrow. The NDS that we've been talking about.
In Australia, the announcement came. They're looking to shave billions
twenty billion dollars off the bill and take one hundred
and sixty thousand people on off a program basically that's
blown to pieces because once again, once you offer too
(12:43):
much welfare, people can't get enough of it.
Speaker 1 (12:45):
Six twenty five trending Now will Chemist Wells book in
your flu vaccination Today?
Speaker 3 (12:51):
Movie time Coyote versus Acme. This is Wiley E Coyote
versus the fictional Corporation in the Looney Tunes world mixed
in with real world actors.
Speaker 4 (13:02):
Have you been horribly injured by a product made by
the Acne Corporation.
Speaker 2 (13:06):
The name of the case is Coyote versus act.
Speaker 11 (13:10):
Wiley Coyote.
Speaker 2 (13:12):
He is brackfast.
Speaker 12 (13:14):
We all know who's responsible and all of his injuries
are self inflicted.
Speaker 13 (13:20):
Did companies think they can do whatever they want?
Speaker 1 (13:23):
Worth thinking of it?
Speaker 13 (13:25):
Nothing is here.
Speaker 1 (13:27):
We both know it would be very unpleasant if anything
biggers what to become public?
Speaker 2 (13:35):
So what is up?
Speaker 1 (13:37):
Doc? The Acne Corporation is released miss film for account
purposes only. We do not condone any of the story.
Speaker 3 (13:44):
Lads depicted Now what's interesting? Will Folds, Who's lawyer? John
Senna represents ACME. Eric Bow's original Looney Tunes voice is
doing all the vibrants anyway. The story is that was
announced in twenty eighteen. Lost the Director Lost the screen
Rine film began in twenty twenty two for an expected
release date of July twenty three. April of twenty two,
(14:06):
Warner Brothers removed it from the schedule. November of twenty three,
they announced they make a thirty million dollar tacks right
off to cut their losses wouldn't release the movie at all.
Fans start protesting loud enough that Warner Brothers brought back
into it by shopping the movie around the other studios,
except they put an outrageous price tag on it, so
no one bought it. Protests continued outside the Warner Brothers
head office no less. Eventually the company Catch Up Entertainment
(14:28):
bought it for a discount and now scheduled to be
released August of this year. Fun facts all run. Actually
I did some work on international affairs. By the way,
if you're going away to Europe far for summer, twenty
four percent globally is the average price of an air
ticket and how much it's increased since the war began.
Biggest impact routes through to East Asia in Europe London
(14:49):
to Melbourne's up seventy six percent. Hong Kong to London
is up seventy two percent just in a month or so.
It's incredible, isn't it? News for you? In a couple
of moments here on the My Costing Breakfast News Talk
ZB and then we will get into the business of
our defense forces.
Speaker 1 (15:06):
You're trusted home for news, sport, entertainment, Opinion and Mike
the Mic asking breakfast with Bailey's real estate altogether better
across residential, commercial, and rural news talks. Headb, you can't look.
Speaker 3 (15:21):
That Joe's got this awesome story so that it's it's
straight out of the movies the bank robbers. But they
dug the big hole under the bank and then they
put on masks of famous Hollywood actors. Anyway, that's got
them Avid exercise in Italy at the moment she's with us,
shortly twenty three minutes away from seven. The New Zealand's
Initiative is claiming this morning that our new twelve billion
dollars military overhaul risks wasting money on a system that's
(15:41):
slow and outdated, lengthy approval processes, slow modernization across tech
and intelligence as your problem. Apparently, John G. Howard is
a retired Major general senior fellow these days at the
Initiative enders with us. John, Morning to you, Good morning Mike.
When you talk about institutional reform, what do you mean
by that specifically.
Speaker 14 (15:58):
Well, I'd like to start with and the policy that
allows us to define what capabilities we should be having
in the defense course and then acquiring them and more importantly,
bringing them into service, and then there's some culture that
probably buttresses up against that as well, So maybe even
a risk aversion to accelerate, whereas traditionally we haven't when
it comes to acquisition and combat capabilities.
Speaker 3 (16:20):
So you need to clean some people out, as you'll
suggest him.
Speaker 14 (16:23):
No, I'm suggesting that we need to think quite differently
about national security and defense. I'd like to see an
open public debate on this issue, and then I'd like
to see strong, effective leadership that delivers combat capability at
the speed of relevance for our troops to deploy into
harm's way if required.
Speaker 3 (16:40):
What is our combat capability in your ideal will? Given
that most people would argue, we've got barely got a
defense force and no one's coming to get us, and
we're not going to participate in much anyway.
Speaker 14 (16:51):
But Mike, we have combat capability, we have a defense course,
and the young men and women of our nation that
serve today, I'm very proud of the work that they do.
The definition of what good might look like in the
information in age is very different than what it was
even twelve months ago. We're now in a very different
contested environment and we should be making better use of
(17:12):
intelligence capabilities and systems, including open source intelligence and artificial intelligence.
And for New Zealand, we should really be talking quite
openly about what does our own sovereign space capability look
like and the concept of uncrude systems either on land,
on sea or in the air compared to perhaps a
(17:34):
more traditional industrial age thinking of warfare, because the nature
and characteristics of war have changed, and you only have
to look at what's been going on in Ukraine for
the last four and a half years exactly.
Speaker 3 (17:44):
The government would understand that, though, wouldn't they.
Speaker 14 (17:49):
So the framework that allows acquisition for defense capabilities to
deliver is still quite dated. The government does understand the need.
They've made an investment which is welcomed and Dove now
part that off to the people that have to deliver
the capability. So in this case, the Chief of the
Defense course and the Secretary of Defense have got a
really big job ahead of them, which is to spend
(18:10):
the money, but to spend it wisely. And what I
keep coming back to the speed of relevance. How quickly
can we find the right equipment and how can we
train our personnel? Because there's one thing to buy new
hardware another thing is to make sure that you're able
to operate it in combat, to survive and to win.
It's a lot different than buying a logging truck and
putting it on the road in a real complexity.
Speaker 3 (18:32):
Now that is true. Interestingly enough, there's another story this morning.
The Infrastructure Commission is taking over major infrastructure projects in
this country from Treasury for what seems to be a
similar problem that you're outlining in defense. Is that what
you're basically talking about, there's too much money going and
too slow and too much waste.
Speaker 14 (18:48):
Potentially, I wouldn't say it's exactly the same, and I
wouldn't say there's too much money where we aspirationally want
to spend two percent of our GDP. The figure that
the government has said is well billion, not all of
its new money. We still haven't actually defined what our
joint operating model looks like. By that, I mean how
will we fight and win wars. There's a lot of
(19:10):
definition around that. And some of the technology is replaced rapidly.
So if you look at intelligence capabilities and collection capabilities
in the data information age, these things are not like
ships that are replaced every twenty or thirty years.
Speaker 11 (19:24):
So funding.
Speaker 14 (19:25):
It is going to be a real challenge, and a
lot of our acquisition policy that sits in many government
departments is still pied bound by very dated and slow
bureaucratic process. The other thing I'd say, Mike is this
defense is not the only organization that defend our national interest.
There is clear opportunity here for the director of our
(19:48):
our National security Advisor and his deputy to bring the
National Security Board together and ask deeper questions of the system.
Speaker 3 (19:56):
Good insight, John, appreciate your run time. Hope we paid
our small partners starting that debate. John G hout these
days with the New Zealand initiative. Peter's the McLay yesterday
and the house was fascinating. And the reason I say
that is mcclay's with us after seven o'clock before he
gets on his plane to India to sign the FTA deal.
(20:17):
So you had a government minister i e. Peters acting
like an opposition minister going at McLay over the FTA
and that was a good watch. Apart from anything, McLay
handled it well, Peter's handled it well, but there's some
real tension there. And that's before you get to Hipkins
and Nicola. That's some real tension anyway more. Later eighteen two, the.
Speaker 1 (20:38):
Mike Hosking Breakfast Full Show podcast on iHeartRadio pr it
By News talks.
Speaker 3 (20:43):
B for Bailey's real Estate Being all together better means
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dot n Z Cosking rent six twenty now, this is
(21:50):
was six thirty in March of last year, so it's
gone down fifth month in a row that rent has
been down annually. So the Labour Party have got to
stop asking the Government why rents are going up when
not a year on year, Auckland's down two point nine.
Everywhere's down apart from as far as I can work
out annually Southland which is up six and a half
eight point three, in Marlborough down, Wellington four and a half,
Tasman down, a Tiger down five point five. It's cheap
(22:13):
at rink fourteen to two.
Speaker 1 (22:14):
International correspondence with ends and eye insurance. Peace of mind
for New Zealand business.
Speaker 3 (22:19):
Will be bound. Joy mckennaon Morning, Good Morning Mine. Who
is this television host and what's well? What are they
doing well? Why are they upsetting Georgia?
Speaker 15 (22:27):
Wow, I'd never even heard of this guy. But the
Russian journalist and TV host Vladimir Sollyvevivyov don't God pronounce
that properly? Has called Maloney a fascist bitch on air,
a disgrace to the human race, and the Italian Foreign
Minister Antonio Taiani Today's summoned the Russian ambassador to express
(22:49):
the government's indignation Georgia Maloney herself said the insult will
not change her course and she won't be pushed around.
But why is Russia suddenly attacking the Italian prime minister?
I don't know if that's related to her shaky relationship
with Donald Trump, her close relationship with the Ukrainian president Zelenski,
(23:10):
or is this personal because this TV host apparently had
a few luxury villas on Lake Como which are now
subjected to EU sanctions.
Speaker 3 (23:19):
It always gets tricky when you got the luxury villas
on Lake Como, doesn't it. Ah. Now, this budget deficit
of yours three point at three point one, I'm assuming
that blows through the EU rules and regulations, doesn't it?
Speaker 15 (23:31):
Yes, it does. And I know you're going to ask me, well,
what does that mean? And who cares?
Speaker 2 (23:34):
And how are they going to pay?
Speaker 15 (23:36):
You know, me so well, it's an excessive deficit deficit.
It's outside the regulations, as you said, and it means
that Italy is subjected to a legal process and potential fines.
But I don't know what that means. When I did
a little bit of research before I came on here,
it doesn't really indicate what that means.
Speaker 3 (23:56):
No, does anyone see what? It comes back to the
what's the point of having rules if everyone breaks them
and nothing ever happens because you break them?
Speaker 15 (24:04):
Yeah, I mean, the only thing I could see is
that there will be extra pression out of cut spending.
But this is an official notification to the European Commission
and it's not good enough according to the EU limits.
That's all I know.
Speaker 3 (24:17):
Hey, one of these random questions, No, no, no, I know,
but no, this is just fun, Joe. How much is petrol?
Is it up significantly? Is it a daily debate on
talkback radio? Is diesel killing you? And is there a
great deal of angst around fuel in Italy?
Speaker 15 (24:35):
Yes, the angst around fuel is continuing. I think the
current price for a leader of petrol is around two euros.
I was speaking to an American friend today here in Rome,
and he said, it's not nearly as bad as it
is in the US. But I think it's because the
government is keeping the lid on the excise duty. They're
restraining that for the moment until the end of April
(24:58):
peraps into May.
Speaker 3 (25:00):
Would it be that you go to a place like
Rome and the amount of trouble you do would be
limited and you don't go anywhere anyway because the traffic's
so bad, and half the world's on a vespa, So
the cost of actually transporting yourself isn't that bad.
Speaker 15 (25:14):
It's not so bad if you're on the back of
a vespa because it is quite economical. But having said that,
I think people are really suffering with those extra energy costs.
Speaker 3 (25:22):
Is that why they're robbing the bank?
Speaker 11 (25:24):
Now?
Speaker 3 (25:24):
Why would you? I mean, honestly, under a tunnel under
the bank. I mean, you can't make this stuff up.
Speaker 15 (25:30):
It is Hollywood.
Speaker 3 (25:31):
It is so good.
Speaker 15 (25:33):
We have six bandits who broke into a Naples bank
last week. Three went through the front door and secured
the door, took twenty five customers and staff members. Hostage.
Three came up through this tunnel and the backstory is amazing.
The police are saying that they took months to dig
this tunnel from the sewers into the bank itself, and
(25:56):
it would have taken several months. They came up through
the whole in the ground there into the security vault
where hundreds of security boxes were waiting to be smashed.
They did that, and no one's really sure how much
they took, because no one knows what you keep inside
a secret security box.
Speaker 3 (26:13):
No, indeed not. And so they're gone and they've not
been seen or arrested.
Speaker 15 (26:17):
They've gone.
Speaker 3 (26:19):
You go, well, Joe, we'll catch up next Thursday. Always
a pleasure, Joe mckinnadam. The only other thing I can
tell you at the moment out of Europe is that
Ukraine has started pumping the Russian oil through that pipeline
again into Hungary and Slovakia. There's been this big deadlock
ninety billion euros worth of loans. Is it alone if
you give somebody money you know you're never getting back,
(26:40):
Is that alone? Or is that just a sort.
Speaker 10 (26:42):
Of a isn't that just called having kids?
Speaker 3 (26:45):
That's true. EU ambassador's preliminary approval on that and their
twentieth package of sanctions on Russia. How many packets of
sanctions on Russia. Do you have to line up before
somebody goes? Do you reckon the sanctions are working?
Speaker 10 (26:59):
Do they come in a twelve pack rath.
Speaker 3 (27:01):
Well become in a twenty pack? Clearly don't they? Nine
minutes away from seven.
Speaker 1 (27:04):
The make Hosking breakfast with rainthrow sport sv news, Tom said,
V a.
Speaker 3 (27:09):
Couple of things out of America cash Bettel's lost defamation suit.
This is not the molten whatever he sued them for.
I can't remember the Atlantic the other day over the
you know, the boozing. This was another one that said
he spent a lot of time at the nightclub. Anyway,
he lost that. A woman called Sheila who was in Congress.
She's a Democrat. She's quit. She was accused of illegally
(27:32):
funneling US Disaster ray to her election campaign, spending the
money on luxury purchases, including a three carrot yellow diamond.
So they had to look at her and they penged her,
and so she's quit. So one Republican, one Democrat. Then
the Virginians yesterday Democrats of course did the redistricting thing.
They had a vote on the redistricting. They've passed it.
So they're going to redistrict, and that is material. Because
(27:54):
of that stands. They currently hold six of eleven seats.
This is the midterms. They currently hold six of eleven seats.
Under the redistricting, they could get up to ten. You
get another four. You know what happens. Trumps are lame
duck five to seven.
Speaker 1 (28:10):
All the inns are the outs. It's the fez with
business favor. Take your business productivity to the next level.
Speaker 3 (28:17):
Gave you the rentals. We got an merging trend of
the housing market this morning. If you believe cotality, cotality
is monthly housing chart park chart park. Is it a
chart park or I misspelled that? I don't think it's
a chart park.
Speaker 10 (28:29):
Pack pack pack.
Speaker 3 (28:30):
It's a check it's a chart pack. It's not a
chart park.
Speaker 10 (28:33):
And it's not chat pack either.
Speaker 3 (28:34):
Not chat pack. It's a chart park. Hard to believe
the show successful, isn't it?
Speaker 10 (28:39):
You want to go again?
Speaker 3 (28:40):
Nah? I hit it just in case. It is probably
sponsored by somebody. They'll get some value for money. Anyway,
we're there, we go.
Speaker 1 (28:46):
The inns are the outs. It's the fearz with business favor.
Take your business productivity to the next level.
Speaker 3 (28:54):
Sales volumes down two point four percent compared to this
time last year. Third month of falls gen seven point
six and five three point one, So if you take
Q one as a whole, leaves activity slightly below the
long term average. Value wise, things are actually up, which
is encouraging. So up up zero point two percent in March,
zero point three percent across Q one, mostly steady in
(29:14):
the main cities Auckland, a little bit down christ Church
as usual. The outlier values are up one point one
for the quarter and two point four percent annually, so
you're going gangbusters. Their first home buyer is having a
good time twenty seven percent of the purchases and Q one,
so first home buyers are all over it. At the moment,
Wellington going off. First home buyers in Wellington thirty seven
(29:34):
percent of the market. So explain that one to me. So, yeah,
you go, you've got a bit of wrinkle, you've got
a bit of the buy and sell. Now what have
I got to the after seven o'clock? So this infrastructure
change will explain that. I don't know how material is,
but we'll explain it. Todd mclay's on a plane today
to sign that FTA. That's increasingly fascinating because you've got
Winston ramping it up. You've got the Labor Party playing
(29:56):
silly buggers. Then Erica Stamford's on, She's going to tell
us about the four billion dollars from the gold visas.
Then old Joseph Mooney, one of the Famous five, the
Furious five, the Fabulous five, the ones that Mike named. Anyway,
he wants a word, so.
Speaker 10 (30:08):
God could be five mixlus five. That's what Kerry was calling.
Speaker 7 (30:12):
Was that what it was?
Speaker 3 (30:12):
Anyway? You shortly for you.
Speaker 1 (30:15):
The newsmakers and the personalities, the big names talk to
Mike the mic asking breakfast with a Veda, retirement, communities,
Life your Way, News, togs head.
Speaker 3 (30:25):
Be seven past seven are new plan for our country
when it comes to major infrastructure, Treasury lose major projects
oversight and it will be done now by the Independent
Infrastructure Commission. So what's that actually mean? Jeff Cooper is
the chief executive of said commission and is with us. Jeff, Morning, Morning, Mike.
So the willis complaints, quality of information, ford investment, pipeline
assurance projects, et cetera. Is all of that true and fair?
Speaker 11 (30:48):
Yeah?
Speaker 13 (30:48):
I mean I think what they're what they're really getting
at here is about the quality of information that investors
are getting when it comes to two big infrastructure projects,
and this is a change to make it consistent across
at least the central government infrastructure.
Speaker 3 (31:02):
I would say, what do you do that Treasury can't
or don't or won't.
Speaker 13 (31:06):
I mean, this is a function that actually has moved
around in its past. You're sort of talking about something
that's called gateway, which has moved used to be with
State Services, then with Treasury. You know, I think with
the Commission, we have our own program called the Infrastructure
Priorities Program. It has a different function to it. But
but ultimately over time, over the last six years, you know,
(31:28):
the Commission has been asked for a lot of advice
on projects, and this is really just kind of solidifying
what we've what we've been asked by people around the country.
Speaker 3 (31:36):
Anyway, Has the political capture been at play?
Speaker 13 (31:41):
No, I don't. I don't. I don't think so. I
think there's been inconsistencies on how we've done this over
over decades, to be honest, So as I say, I
think that this is just bringing a more structured and
consistent process that is good for project projects themselves, right,
because a lot of the project directors out there don't
always have a good understanding of what an assurance process
(32:04):
looks like. In the past, we've also had assurance processes
that are more directed at the projects themselves, getting information
and providing it back to them, and that's created frustration
for ministers who might not be seeing that. So you're
hearing a bit of that as well.
Speaker 3 (32:18):
Is this a material decision? I mean, are you going
to profoundly or materially or significantly change the way we
do this stuff in this country.
Speaker 13 (32:27):
Well, a couple of points there. I mean, we through
the Infrastructure Priorities Program, have shown an approach that we've
already taken to this, and it is about creating a
consistency whether the lines don't change very often, so that
will be paramount in our thinking. I think what you've
heard in the announcement here is that you know, as
(32:47):
I've said that there's a frustration that we're not getting
the right information to decision makers at the right time.
So there's an agitation that the existing gateway function run
out of Treasury needs to change a little bit as well.
And so that's very much in the back of our
mind when we'll be putting this putting this together, you know,
I think it will be material not just for projects
that we're thinking about today, but setting a bath for
(33:09):
what good looks like in the future and future projects
that we're going to need to be building as well.
And very mindful of the situation we find ourselves in.
You know, we have a lot of projects out there,
we have very constrained funding conditions and the search for
high quality projects is on.
Speaker 3 (33:27):
I wish you all the very best. Jeff Cooper, who's
the boss of the New Zealand Infrastructure Commission ten and
it's past seven escaping of New Zealand. Think the Trade
Minister is off to India today to sign that FTA
that's turned into way more than it should have been,
one sign that triggers the formal parliamentary process of course
and Select Committee review back here. Todd McLay is the
Trade Minister and is with us.
Speaker 16 (33:44):
Good morning, make good morning.
Speaker 3 (33:47):
How about you and Winston yesterday? How'd that go for it?
I's a little bit of fun.
Speaker 16 (33:51):
We were sitting beside each other purposely and it just
goes to show you don't have to agree on anything
to be friends and get on.
Speaker 3 (33:58):
Did he make some good points in his quick student line.
Speaker 16 (34:00):
Or not well, no, I mean make over the last
four months. We have been through this again and again
and again, and it's been answered. And you know you've
seen us engage for four months with the Labor Party. See,
I'm talking to them more than I ever imagined I
would to get through everything with them. This is a
high quality deal that's good for New Zealand. No problem
asking asking questions. It's time to move on and do
(34:21):
what's best in New Zealand, which is signed the deal,
chuck it in parliament, get it in place.
Speaker 10 (34:25):
Right.
Speaker 3 (34:25):
So the ships he was talking about from India versus China,
is he wrong on that?
Speaker 16 (34:30):
Well, with every country you negotiate an agreement, you know,
they raise what they want, We raise what we want.
In the case of India, we are meeting our obligation
what we negotiate and they asked for or we agreed
to with we're doing and so every agreement is different.
But ultimately, if if somebody you know wants to come
to New Zealand, for anyone in the world, excuse me,
(34:51):
they can apply for a visa and on the merits
they get it or they don't. But there's no misunderstanding
with the Indian government. Both sides know what we've negotiated.
The legal scrub has been done, we're signing it, we're
putting in Parliament. We want it enforced as soon as
we can so keys can start benefiting.
Speaker 3 (35:07):
The real issue seems to be the both Peter's and
Labor had the problem with the billions of dollars worth
of investment. You know, for the record, is the money
we need to cough up to India aspirational or a
legally binding thing that we must do and will be
pinged on if we don't.
Speaker 16 (35:23):
It is aspirational. The Indian High Commissioner to New Zealand
two months ago and public to the media said this
is an aspiration. The only commitment the New Zealand government
has taken on is to promote, and we will do that,
will promote, will help, will do missions as we always do.
We have not made a commitment to invest money, not
on behalf of the private sector or the government, and
(35:44):
we wouldn't do that because we don't have the ability to.
It is merely only to promote. The legal advice shows
that Labour seid as the treaty done right.
Speaker 3 (35:53):
So the only conclusion I can come to is Peters
is entitled to his view, but he's a xenophobe. Labor,
given what you've just said, are therefore playing games.
Speaker 16 (36:04):
Well, look, these agreements are very detailed. It's right to
ask questions. Then, as far as Labor is concerned, it
has now been four months. It's as simple as this.
If you can't even work out whether you support a
trade deal with one point four billion people, how could
you ever hope to ask people to vote for you
to govern the country. They'll come to their own conclusion.
(36:24):
I'm predicting they will support it, and if not, I
think the one hundred companies that have signed this open
letter the Business New Zealand put out and the three
hundred and fifty thousand Indian New Zealanders who will look
to vote this year will judge them for that.
Speaker 3 (36:37):
Fly well appreciate it. Tom McClay, who's the Trade Minister
on the Indian FTA thirteen minutes past seven paskime. I'll
come back to him and Willis and Staff in the mind.
But the infamous five Mike should be given awards for
getting luxeander Puller's head. And I don't know how you
come to that conclusion, Moody is in a student capable member.
Seems more than a bit petty that you keep bleeding
on about not bleeding on about it. Moody wants to
(36:57):
come on the program.
Speaker 10 (36:58):
Wow, we may have some late breaking news on that.
Speaker 3 (37:01):
Actually, oh, let me come back to that in a moment.
Thirteen past.
Speaker 1 (37:09):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, Howard
By News Talks at be.
Speaker 3 (37:18):
Mike. According to Gaspy this morning, cheapest petrol and christ
Ytch is three to zero four a liter at a
dozen service stations, which is the cheapest I've seen in
a long time. It's encouraging. I was just wrote my
sigh by the way I sort of conflated a number
of issues. I felt sorry for maclay yesterday Peters was
going at him over this trade deal. And this is
(37:38):
part of my overall malaise, which in a way dubtails
into the Mooney Famous Five, Fabulous five, whatever you want
to call them, and that is that if you listen
to this program on a regular and ongoing basis, you
know that all I really seek is for this country
to be better, and I want the people who are
running the country to focus pretty much on that task
because we're in a pile of trouble and we need
(37:59):
a lot of professionals working really hard to extract us
out of the crap we're currently in. So I'm watching Peters,
who's entitled to his view, of course, but it's all xenophobic.
I mean, but a chicken tsunami. I mean, for God's sake, honestly,
is that what we've come down to. This is the
problem I had with Peters. And you notice I've got
a couple of minutes because we've just moved Erica. We're
going to have Erica in a Golden visa thing, but
(38:19):
we're putting here at seven thirty five because Joseph's pulled out.
Let me come to that in a moment. But I'm
watching but a check insunami? Is that what we come to?
And this is my problem with New Zealand. First, I
like Peters, and I like what he's done on the
international stage. I like the way he represents us. I
like the way he is active. I like the way
he's out there hustling and putting us back in front
of people to get us back on the international stage
(38:42):
in a way that we can be proud of, but
then come election time, it's the same old thing. It's
like the entertainer, it's like the millionaire entertainer, it's like
the who's that guy used to sing in Vegas? Liberachi,
It's like the liberaceis. And so they're out there talking
to the fans, but the fans like the fans, and
the two don't dovetail together. So the people who support
(39:04):
broadly speaking, Peters are the people who are the racists
and the xenophobes. So he's got to appeal to those
an election year. Rest of the time he's happy being
on the international stage, being the international statesman. But the
moment he needs the votes, he goes back down home
domestic and gets down and dirty with it, and he
gets all the low renters to support him. And that's
the part I don't like about New Zealand. First, and
(39:24):
then I'm watching Nicola yesterday and Hepkins is a pillock,
a pratt and a prick. And so what he said
yesterday about Willis was completely and utterly uncalled for. And
not only was it uncalled for, when he was asked
to withdraw and apologize, he did a key astarmer as
almost as though they go to Labor Leaders school to
(39:47):
be a pratt and a Pelican a preck, and that
is that they try and worm their way out of it. Anyway,
she was clearly apoplectic with rage, which brings me to
my overarching point here, which is I just wonder when
I look at the mcclay's and the Willis's and the
luxance of this world who whether you support them or
not doesn't matter. But what you can't mark them down
(40:10):
on is their desire to make this country a better place.
And all they get each and every day is an
endless array of half wits and problems and backstabbings and
gossip and innuendo and stuff tossed at them that makes
their life. Well. What I saw in Willis's face yesterday
was a do I really need this in my life?
(40:31):
What am I doing here? Type vibe? You know what
I'm saying, which didn't even get to Mooney come back
to that in just a couple of moments. Seven twenty.
Speaker 1 (40:41):
The Mic Asking Breakfast Full Show podcast on iHeartRadio, how
It by News Talk Seppi.
Speaker 3 (40:49):
Now, some people describe tenetus as a ringing, other very differently,
but somebody said it felt like it like a freight
train in their head. For some people, it's a constant,
not something that comes and goes, but something that's always there.
And at night, of course, when everything else is quiet,
it feels way more intense, which is when it really
starts to affect the sleep and the concentration and the
overall well being. And what's important to understand is that
(41:11):
tenatus is often linked to hearing loss, even a mild
hearing loss, So when the brain is missing sound input,
it can effectively create its own internal noisels basically to compensate,
which is what many people are experiencing. So it isn't
a sort of an on off switch. It's not that simple,
and there are ways to manage it. The right place
to start, of course, is understanding it properly, which is
where Resonate healths EAR three sixty assessment looks at hearing
(41:34):
across a wide pitch range, explores tenatives impact, examines how
it may affect sleep and concentration in daily life. So
for all of this, and get get the experts onto this,
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seven three seven sixty six two or what resonate health
dot co dot nz SKI now seven twenty three. If
(41:56):
you are one of those exercised about supermarkets and whether
they are scandal move since then you must follow the
current court case which is going on this week in Australia.
It's the second of its type, the a triple see.
The Australian Competition and Consumer Commission is dealing with Woolworths,
having previously dealt with Coals. The Coal's case decision is
reserved as they wait for this week's Woolies case. The
charge basically is they up the price of something before
(42:18):
they cut the price and claim it's on sale. The
lawyers called it a subtle magic. Are they using a
basket of goods that involves Timtam's apart from anything else?
Now there reason no mention this and you should follow
it is for the simple fact that Australia is not
short of supermarkets or supermarket competition. There are the Big Three,
which is our two plus ord and in total they've
got ten ten different businesses. The point being if you
(42:39):
asked your average Australian do they get a good deal?
Is there enough competition? They would say no. The same
way they say no, here are you ripped off? Yes,
would be the answer both sides of the Tasman, and
in that is the conundrum. What you feel might well
be different to what is real. Emotions, especially around money
and price, are powerful things and often what you want
(43:00):
to see is what you will see see. Part of it,
I'm sure, is the dynamic nature of the supermarkets and
the literally thousands of products and therefore tens of thousands
of prices that they deal with every day, different brands,
different sizes, different specials, different deals, one offs, regular prices,
special business, promotional prices, wherein the isle it's placed, what
sort of supply a deal is struck, what the cost
of transport was, how many you bought is presumably goes
(43:21):
on forever, which is not to say anything other then
when it has that many moving parts. Telling me it's
stupid by a baked bean candibaate beans in Sydney or
Geneva doesn't explain how all this works. Let's see how
the courts work through it and what if anything comes
from it. But Australia lots of choice, lots of competition,
allegedly everything the supermarket critic here could possibly want, and
(43:43):
yet they're still in court. Pasking Evening, Andy, It's from Joseph.
I've reconsidered giving the extensive media coverage I've had today
in this evening I really don't have anything further to
add to what I've said and tweeted. I would appreciate
an on air apology from mister Hosking, though for not
giving me an opportunity to comment before he made his
(44:06):
unfounded allegations. The only thing I would add is that
if mister Hoskings impeccable source had the courage to come
out from the shadows, I would welcome coming on the
show to confront him. As I've said in my tweet,
it simply didn't happen. Now the problem we have, actually,
I don't think we have a problem. I'm thoroughly bored
witness with us now. My only regret out of this
whole exercise, and I'll come back a little bit. I
think Andrew Bailey is angry with me as well. My
(44:27):
only purpose in this whole exercise was to flush a
few people out because too much of the stuff goes
on behind the scenes, and this is standard journalism day
and day out, and so somebody sidles up to somebody
else and goes, hey, have you heard this? Do you
know this? Guess what I know? And so it goes
round around in circles, and because nobody ever names anybody,
they get away with it. So my purpose was to
(44:49):
just remind the people running this country that they might
want to focus less on themselves and more on actually
trying to extricate us out of the crap that we're
currently in. And if you want people's votes and you
make some promises come election time, you might want to
start delivering on them and stop focusing on your own
personal circumstances. So I think that's probably where we'll leave it,
(45:12):
unless somebody wants to tweet something else out. But I mean,
all I can do is offer them a chance to
come on the program. No one wanted to. I read
their responses yesterday. I've got one response coming from Bailey,
who was angry at me that I didn't read his
entire response for not coming on, But I'll do that later.
But anyway, they didn't want to come on. One who
did want to come on now doesn't want to come on.
So I mean, I can't spend my entire week saying
come on, don't come on, come on, don't come on,
(45:34):
don't come on, come on, because that just gets boring
and I've got a headache. Anyway. Erica Stanford, who I
don't think is one of the five, is going to
be with us after the news.
Speaker 1 (45:45):
Credible, compelling, the breakfast show you can't bess. It's the
mic asking Breakfast with Ranger of a Sport SV the
Ultimate Performance SUV News tog SADV three minutes.
Speaker 3 (45:56):
Away for mate. By the way, Barry sofas with its
up to eight o'clock on Tuesday. I read a very
good book that he happens to have written, called One
Last Question Prime Minister, and he goes through each of
the Prime Minister's twelve in total sixty counts as the
Big six six don't matter apparently, and I I was
going to say, I take Umbridge with him on those,
but I don't take Umbridge with anything. But we'll have
(46:17):
a bit of a chat after eight o'clock this morning anyway,
and other matters. In fact, mor good news for New Zealand.
I think our gold viz A deal seems to be
this is the five or ten million dollar investment deal
when you get residency and you can buy a big house.
In its first year. We have nearly four billion one
point four nine billions already in another two point four
on its way, six hundred nine applications from nineteen hundred
(46:37):
and eighty eight people. Erica Stamford is, of course, the
Immigration Minister and is with us. Good morning morning, Mark.
Did you have a number in mind when you launched
this or not.
Speaker 9 (46:46):
I remember saying to the media if we had about
two hundred applications in the first year, I'd be happy. Obviously,
we've completely blown that out of the water. And it's
it's not just the scale of this when you think
about the four billion, it's it's the impact for individual
businesses around New Zealand that this is having not just
the capital, but also the skills and experience that these
people are bringing into the country.
Speaker 3 (47:08):
And when you say two point four on the way,
is it definitely on the way or is it just
some bloke who said I'll see how it go.
Speaker 9 (47:14):
No, those are been approved in principle, so they are
applications that are on they've paid their fees, they're ready
to go. They just haven't committed the funds yet. But
you know, it's like ninety nine percent of the committed
funds and the proved and principal applications go through. So
it's those funds are coming and they will be flowing
through directly into New Zealand businesses who are going to
(47:36):
be hiring more people, expanding their operations, exporting more, investing
in new technologies. It's really exciting for New Zealand. This
is what growing an economy and becoming more highly productive
and producing more highly paid jobs for New Zealanders.
Speaker 3 (47:49):
Looks like it is two thousand the low hanging fruit.
Is this a thing that will come and go or
is this a continual flow of people? Do you think?
Speaker 9 (47:59):
Well, I've asked some of the LaaS and the lawyers
who do all these applications, and they've said to me,
this is not slowing down. In fact, with an increasingly
unstable world and especially what's happening in the Middle East,
we're seeing a heightened number of applications and interest coming through.
So I suspect that there will be another billion flowing
(48:20):
into the economy before the end of the year, well
more than a billion, I would think. So yeah, not
showing signs of slowing down, which again is just great
for jobs, great for growth, great for productivity.
Speaker 3 (48:30):
So are we a magnet? Can we say that? Once again?
Speaker 9 (48:35):
Look, I think we can, and there's a range of
reasons for it. And I can't take all the credit
because there is a a global situation happening and there
is a window of opportunity for us, But we certainly
can say that we have the most incredible, beautiful country
with abundant natural resources and a stable political environment mostly
and you know, a place where people want to raise
(48:57):
their children, but also in a really exciting environment for
them to invest in incredible companies. When I was at
yesterday done in Duaneeda, United machinists who world leading in
what they do, work twenty four to seven and are
about to expand their business threefold because of the private
credit investment that they've had from this visa.
Speaker 3 (49:15):
AH which brings us to you've seen the story the idleness,
so called idleness of this money. Is the money working
or is it just in a savings account somewhere?
Speaker 9 (49:25):
It is working and it has to work. That is
the intent of the visa and that's what invest New
Zealand do. Every three months they go up to all
of the managed funds and they re certify them and
they check are you pulling money or are you deploying it?
And if they are not deploying it, then they're kicked
out of the program. And they've already done that for
a few of them where they're not deploying the money.
(49:46):
So we are confident that the money is being deployed
and I am getting regular updates on where it is
being deployed to, and it's really exciting. That's why I
went to Duneedan yesterday to see a company that's been
invested in with private credit.
Speaker 3 (49:58):
Does the butter chicken tsunami play in this? Is there
a race issue potentially brewing around some of this or not?
Speaker 2 (50:05):
No.
Speaker 9 (50:05):
I think New Zealand first are selective about the comments
they make when it comes to immigration. They've not said
much about this visa. It is enormously successful. We've got
people from all over the world and they know the
value on it, which is why they agreed to allow
us to have these people buy houses, because they know
that the longer these people spend here, the more they
(50:25):
will invest in New Zealand businesses. So, you know, those
were really unfortunate and quite distasteful comments that were designed
in an election near like they always do to bring out,
you know, the worst, and I already said the comments
were unhelpful. But I think New Zealand is when they
come to the voting box, will think is this the
(50:47):
kind of party that I want to support that would
say such nasty, racist things to stoke up hatred in
New Zealand? And I hope that they will make a
different decision.
Speaker 3 (50:55):
Put your education hat on for just a moment. Are
you aware of the oi A business with schools or not?
Speaker 13 (51:02):
I am.
Speaker 9 (51:03):
I've been across that.
Speaker 3 (51:04):
Okay, so should schools be pulled from I mean, this
is this guy, Reagan Kunli of whoever he is. He's
a law student. But you know two and a half
thousand schools shuffling through OIA requests to I mean, they've
got better things to do with their time, don't they?
Speaker 9 (51:17):
They do, But it is an important part of our
democratic institution and it is important that schools do respond
to OaaS. However, this particular individual is a serial OAA
who is making requests that are broad in nature and
extraordinarily time consuming. So I have asked for advice from
(51:39):
a ministry on if there is anything we can do
about this end of it I don't think schools have
a problem in releasing information as they should to be
open and transparent, but when it comes to requests like this,
this is just not acceptable and it's a complete waste
of their time.
Speaker 3 (51:53):
Good on you'p nice to talk to you, Eric Stanford,
Minister of Immigration and Education, just to bring you up
to speed if you're not up on that story and
won we want to talking about the oia's in theory
a good idea until you get your reagans who just
go around bombarding in this case schools two and a
half thousand schools with system wide records requests. Now, as
(52:15):
they point out correctly, government departments who receive OIA requests
have people who do it. We here have people who
do it, and God bless them for it, and what
a nightmare it is. But schools don't. And so every
time somebody asks two and a half thousand times for something,
somebody somewhere in a school with no money and no
(52:35):
time has to go and dig that information out as
part of the rules. So they've asked to excuse themselves
from this particular process, the OIA process, And I've got
some real sympathy with it. I've come up with a
new idea to solve my problem around the famous five.
More shortly, seventeen to two, the.
Speaker 1 (52:55):
Vike Asking Breakfast Full Show podcast on iHeartRadio talks at me.
Speaker 3 (53:01):
Where it is fourteen minutes away from nine. So Joseph
Mooney not with us this morning. He doesn't want to
participate anymore, and I might I can actually congratulate him
on that. That's good because this is a storm and
a teacup. I name the names. I had a very
good source or two, and I stand behind it. My
only meat in the sandwich situation is they of all
denied it. But then again, what else were they going
(53:23):
to do? As I anticipated they would? Obviously my only
my only regret is the story has continued a little
bit longer than it needed to. And my only other
regret is if, for example, the sources that supplied this
where the information turn out to be wrong, I'd be
more than happy to apologize. I'm not in the business
of upsetting people, and I'm not in the business of
putting out information that's incorrect. But at this particular point,
(53:46):
I had no reason to believe I have. But interestingly enough,
what I didn't realize at the time was Bryce Edwards
was out. He's the political commentator. He was out on
social media before I ever was, He says. Quote the
name circulating around National and Parliament are by now familiar.
Barbara Krueger, Sam Uffindel, Andrew Bailey, Tim Vander mollend telling
(54:07):
Lee Stuart Smith he turned out to be an odd
fish yesterday, didn't they You see that stand up on
the tiles of Parliament when nodfish James Meagher's name keept
drifting in and out the same sentence. Now, I didn't
name Mega because I wasn't told Meaga, but Mega allegedly,
according to some, was the numbers man for Bishop Richard Harmon.
This is Bryce still. Richard Harmon noted in Politic Today
(54:29):
that the same small group of MPs who were thought
to be behind the leadership speculation last November are under
suspicion again, singling out Meaga and Uffendel. Both deny any involvement. Well,
of course they would, what else can you do? Or,
as Bryce says, they would, the backbench mutterers are not
the real danger. Back Benches and marginal seats or battlest
(54:49):
spots always grumble when their futures in doubt the danger
is above them. The name that keeps resurfacing, as it
has for months is Chris Bishop, But then Richard Harmon.
At Politic, they write, who is possibly better connected with
the national Caucus than anyone writing today, says the Hosking
named five are not the whole story. As far as
(55:12):
Politic understands, there may be at least another three or four.
Coglin Thomas, instigator of this whole story, agrees Luxin is
likely to know those names only scratch the surface of descent.
So which brings me to my new idea. So I've
named five, and I have five denials, So how about
(55:36):
I name another five? And with a caucus of forty nine,
I think it's forty nine, let's take Luxeon out because
I assume he's not win to acting himself, so forty eight.
Let's name five a day for what eight days? And
then we'll get forty eight denials? And then there were
apparently according to the denials, then was never a problem
(55:56):
at all, hence no need for a meeting. Ever, what
do you think of that? Ten? Away from it?
Speaker 1 (56:01):
The Mike Hosking Breakfast with Bailey's Real Estate news talks,
there'd be.
Speaker 3 (56:05):
It's some reading on Iran yesterday, because no one covers
Iran obviously. I mean, they're just the guys who are
getting bombed. And that's about as much interest as we had.
And the reason I sparked my interest is there's been
a massive wave. But none of this will surprise you.
There's been a massive wave of redundancies in Iran. I
wonder why that would be anyway. Two million people have
(56:26):
lost their jobs because of the war, and everyone manufacturers,
retailers and pulled export businesses, the digital sector and when
you think of Iran, do you think of the digital sector? No,
you don't, And what are the problems with the digital
sector at the moment is not really working because they
turned the Internet off, which is of course part of
the digital sector. The Information Communication Technology Minister back in
(56:46):
January said every day the internet blackout costs the economy.
At least let me do it. In New Zealand. Numbers
sixty five ish million New Zealand dollars a day, so
times that out by fifty two days, and you did
dealing with three or four billion dollars worth of damage.
But then this part I didn't realize Iran's huge car
manufacturing sector, and I thought, what they have a million
(57:11):
people employed in the car industry. Well not anymore obviously,
but they had a million people employed in the car industry.
And I thought, what sort of cars do they make
in Iran? And the answer is the Echo I k Ceo,
the Iran Kodro or the Sipar is the other one.
You can buy a Sipar Tiber or a Sipar Quick.
(57:32):
And they've also got the zanyard. Now they look because
I lock them up, obviously being a car nut, they
look the way you would think. They look rude. Rude, Yeah,
pretty rude, larder esque, not unlike the larder, Glenn, are
we talking evs or no. They're built for simple, simple
(57:55):
maintenance and simple running. And so when you go buy
the ci Per Quick, I think that's probably alce advertising,
is my guess on that now from the mail bag
this morning. By the way, tomorrow on the program. I
don't have time to do it today, but tomorrow on
the program. I got a gift yesterday from a fan
of the program who turns out to be ten years old,
(58:18):
and the funny and it came in a beautiful His
mum dropped it off and it came in a beautiful
brown paper bag that was colored and artistically adorned, and
inside was a gift and there's a little note in there.
Speaker 7 (58:30):
Now.
Speaker 3 (58:30):
I haven't read the note as yet, but his mother
was explaining to Anne Marie, who runs this radio station,
that he learned something every day. This is a ten
year old. He learned something every day. And the thing
he learnt from me yesterday was about drinkers and routers.
Speaker 12 (58:45):
And I there's a lot that needs unpacking there with that.
Speaker 3 (58:55):
Who does? But if you weren't listening at the appropriate
time yesterday, I loosely referred to drinkers and route and
he thought that was fantastic. And I thought, because of course,
my wife when I got home, she goes, what's happened
to you? All words to that effect.
Speaker 10 (59:08):
Well, isn't that just the daily debrief? That's just a standard.
Speaker 3 (59:11):
That's how this debrief starts, what's happened to you? Anyway,
he thought the drinkers and the rooters was the best
thing you'd heard in a long time. And he hadn't
He didn't know about gypsies. Tyson Fury didn't know about
gypsy So he learned that so this young man has
given me a present, and so off feature that on
the pro Did he.
Speaker 12 (59:25):
Learn the part about the fact that you're not really
supposed to call them gypsies anymore? Did he learn that part?
Speaker 3 (59:32):
I don't think so. But anyway, don't worry everyone. This
is all going to come to an end sooner or later,
isn't it. I mean, one day you're going to wake
up and there's no more of this this and telling
that story. Anyway, The point of that was I was
quite moved by it because it's the first gift from it.
It's probably the first gift from a ten year old
I've ever received since IVE been doing this program, which
was nice. Anyway, that got me off the subject, which
(59:53):
was I was about to move on, which is snooker,
So you'll be grateful for that. But anyway, now Barrie's
rape has written this book. One last question, Prime Minister,
is he in or is he is he coming in?
Speaker 17 (01:00:05):
Oh?
Speaker 3 (01:00:05):
He's already here. Have you offered him a drink? Anyway?
Barry Soper? One last question, Prime Minister, is whether us
after the news which is next here.
Speaker 1 (01:00:13):
At news Talk, said Ells, asking the questions others won't
the mic asking breakfast with Bailey's real estate altogether better
across residential, commercial and rural news talks head be for.
Speaker 8 (01:00:30):
Me everybody rather country.
Speaker 3 (01:00:34):
It is seven past eight. John Key is right. If
you like politics, you will love this book. The book
is Barry Soaper's One Last Question, Prime Minister from Muldoon
to Luxe.
Speaker 6 (01:00:42):
In it?
Speaker 3 (01:00:42):
Who covers each of the prime ministers that Soper has
been around to cover? There are the Big six as
he calls them, and the rest, making twelve in total,
which makes it, of course quite the career. And Barry Sopers, well,
it's good to see you.
Speaker 2 (01:00:53):
Good morning, Mike.
Speaker 3 (01:00:54):
It's a I don't want to, I can't help it,
but will end up going down memory lane. But because
I find myself And there's a bit here in the
book where you say, without the debty of this Helen Clark,
without the dedicated and experienced journalists, and in that singular line,
is that part of the problem of modern political coverage?
Speaker 17 (01:01:15):
Do you know I knew you had asked that mug.
Isn't that funny? Well, that's Helen Clark's perception. But being
in the press gallery, you're always labeled no. And you've
been doing it for years. So every time the Press
Gallery does a story, they're labeled as hunting in a
pack and going off on tangents that are inexplicable. I
(01:01:38):
think the only thing that's really changed from the time
that I was in the Press Gallery started there in
nineteen eighty to today is the age of the journalists
that are there. When I entered, they were about forty plus, yeah,
and there were I think two or three women in
the gallery. Then well, now it's transposed. There are more
(01:01:59):
women and the men and they're young generally younger. And
the gallery when I went and was seen as sort
of a krem de la creme type job that you
aspired to get into the gallery and you were, you know,
relatively senior when you got there. So today it's not
the same. But you know, I feel sorry for them
(01:02:23):
in some ways when I listen to you getting stuck
into them that you know, there's so many stories around Parliament,
as you can well imagine.
Speaker 2 (01:02:35):
All politicians talk.
Speaker 17 (01:02:38):
And the latest is a good example of when you
get onto a story and you know, I've been involved
in so many stories when it relates to people being
rolled in politics, and Bill English was one that springs
to mind.
Speaker 2 (01:02:52):
Because oh, Paul.
Speaker 17 (01:02:54):
Holmes was doing the job you were doing, and I'd
done the numbers and knew that his time was up
and done the numbers. When I say, I went through
the whole Caukers and knew how many he had. Problem
with leadership is that anybody that's questioned by the leader
says yes, of course I'll support you, because I know
(01:03:15):
that down the road they may not get the promotion
they want. Now, Holmes said to me at the end
of the interview, he said, Bears, is this man a
dead man walking? And I said, homes hem, more like
a twitching corpse. More than five minutes a phone went
and the invector flowed from Bill English, and Bill said, oh,
(01:03:36):
I've got the numbers. You'll see and I said, no,
you haven't, Bill, You'll see see you by lunchtime. And
of course he was gone.
Speaker 3 (01:03:42):
Rest is history. And he's not one of you big six.
Funnily enough, is.
Speaker 17 (01:03:45):
He, I think Bill English, you know he was a
fantastic deputy. I think a very good finance minister as well.
But he's the sort of person here I say it,
a humble Southlander like that didn't really put his hand
up too much and was a very loyal supporter for
(01:04:06):
John Key, and it was obvious when John Key went
surprisingly that Bill English would step up to the plate.
Don't forget in that twenty seventeen election he got I
think seven percent.
Speaker 2 (01:04:19):
More than what Labor got.
Speaker 17 (01:04:21):
And yet our dear old friend Winston came in and
decided it was time for a change in government and
anointed Jasin Dan as the leader.
Speaker 3 (01:04:31):
You predate me, which is not to aige you. It's
simply to say I started. I only dealt with Longie
a little bit. Yeah, your tiny amount. So I started
in eighty two. He was around in eighty four through
you know, Restecessory, Muldoon, Longi, those guys. In dealing with
them in those days, how different was it for people
like you in terms of formality, access, etc. Versus how
(01:04:52):
you would deal with Hepkin slash Luxeon today.
Speaker 2 (01:04:56):
It's more informal today.
Speaker 17 (01:04:58):
There's no doubt about that. Longing and Muldoon were certainly
accessible in terms of me anyway as the political editor,
and they generally will talk to somebody that's Philly senior
in the gallery. And I had very good access to them.
And I'll tell you one story, Mike that David Long.
He said, when you, I think went to work for
(01:05:19):
Radio New Zealand, he said, oh that man Hosking.
Speaker 2 (01:05:23):
The only thing that will change is we won't hear
the ads. So that was his comment. I know whether
it was good.
Speaker 3 (01:05:30):
Or bad, I tell I could never tell. Was the
top six that you talk about and you do it
for obviously? The only one I would disagree with is
a Deurn. And I assume you put a Deern in
there because of the circumstance around it, because to be
the top six in my book, you got to have
won multiple terms. Yeah, and she didn't.
Speaker 17 (01:05:49):
No, I'm talking about the dynamic sure of being the
prime minister. I mean, and I remember, I know how
you felt when she was appointed prime minister. I liked
the idea of it, young liberal woman in the job.
Speaker 2 (01:06:04):
I really liked it.
Speaker 17 (01:06:05):
And for the first couple of months I actually rated her.
Speaker 2 (01:06:10):
I liked her.
Speaker 17 (01:06:10):
I thought she was good, she was a good communicator.
But that all started falling apart, and it did it,
dare I say it around the time of the mosque
shooting in Christchurch. And don't forget she wore a heat
job to when she embraced the Muslim community down there,
(01:06:31):
and no doubt that was good for them because that's
what they do. But a heat job is it's synonymous
with women being inferior to men. And I wrote a
column reminding the Prime Minister of that. And fortunately at
the memorial she didn't wear the heat job, which I
think was good. But she was a person that learnt
(01:06:53):
on the job but didn't learn very well. And she
said she suffered from imposter syndrome, and I think because
she was.
Speaker 3 (01:07:01):
Yeah, exactly, Bree break more from Barrisopa in a Moment
thirteen Past.
Speaker 1 (01:07:06):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio, car
it By News.
Speaker 3 (01:07:11):
Talks, b News Talks, sixteen Past Day, Barrysofa the book
which is not quite our yet, but it's out next
week so you will be able to get one last question.
Prime Minister, you rank Clark number one, and good on
you for doing the rankings, and I want to agree
with you, but but no, but only because I love
Key so much. Who is number two? And I love Key,
(01:07:34):
and but I respect Helen And even though I probably
never would have voted for actually I probably did vote
for it to be there, but there's something about her,
her intellectual capacity. Say whatever you want about you know,
being left leaning and you in and all that, but
her intellectual capacity and her electoral success you can't argue with.
Speaker 17 (01:07:53):
You can't and you can't argue with her ability to lead.
She was She had lead with an iron fist.
Speaker 2 (01:08:01):
You might say she sacked rtually half a cabinet in
the first term and brought an under of them back.
David Samuel's ruth Tyson.
Speaker 17 (01:08:11):
I mean, there are so many that she fired because
they went up to her standard. And don't forget this
is a woman that used to be called when she
was in opposition missed three percent. She could never get
herself above that threshold, which was terribly low. So she
was waited on by Annett King and Michael Cullen and
(01:08:32):
a couple of others. Mike Moore went in to see
her and said, Helen, your time's up.
Speaker 3 (01:08:39):
You know, she stared them down.
Speaker 17 (01:08:40):
She doesn't bug her off basically, and they did. And
what did she do with them? She promoted them into
the front bench of her cabinet. She exactly, I think,
you know, she to me epitomized what I see as
a solid, good prime minister. And don't forget sheared a
fourteen year apprenticeship in parliament.
Speaker 2 (01:09:03):
You got the job.
Speaker 3 (01:09:03):
The other thing you point out, which is quite right,
actually the other what you got from Clarke at that
particular point in time you mentioned a king, golf color, etc.
You can actually run the country if you've got a
handful of really competent operators. You don't need your cabinet
of twenty eight and all the other nonsense, so you
can do. The other thing you point out, which I
think is relevant, is between Clark and Key, they were
(01:09:25):
the golden days, weren't they They were. I mean, we
were lucky and we didn't perhaps realize how lucky we
were until it no longer existed, that's right.
Speaker 17 (01:09:32):
And remember when John Key came in, he was lucky
because he had the China Free Trade Agreement and.
Speaker 2 (01:09:39):
That was a great boon for New Zealand. But he
also had.
Speaker 17 (01:09:43):
The financial Asian financial crisis to deal with, or the
global financial crisis sorry, and that was big, you know,
it was a big thing to deal with. But fortunately
we had a very good trade deal backing his Prime ministership.
And then you know, with Clark, it was just obvious
that there was had to be a change running against
(01:10:06):
Jimmy Shipley. I mean she was a shoein. So you
know that the way politics goes to me over the
years has been fascinating and I've enjoyed the personalities probably
more than the policies, because you know, the personalities grow
on me. And I thought when I started in politics,
I thought I'll be there a couple of years, like
(01:10:27):
you do when you're young, say yeah, that'll be.
Speaker 2 (01:10:29):
It, and it just grows on you. It's interesting.
Speaker 17 (01:10:33):
And the travel I liked a lot, and so I
was traveling for forty years around the world with prime ministers.
Speaker 2 (01:10:40):
So it's not a bad job.
Speaker 3 (01:10:41):
It's not bad. What about the booze? Has the booze
not for you? But has the booze changed the culture?
You know, if you go back to Muldoon, the drinking,
the after hours, the skullduggery, has that changed dramatically?
Speaker 2 (01:10:53):
Dramatically?
Speaker 17 (01:10:54):
Yeah, And it was incredible. When I started in parliament,
the smoking was one thing, and you know you'd be
sitting in the gallery having a fag, can.
Speaker 2 (01:11:04):
You believe it?
Speaker 17 (01:11:05):
And Helen Clark Loath villain, she was so she hated it,
but she had to go to the smoker.
Speaker 3 (01:11:12):
You will have experienced it. She had people come in
before an interview to clear the room of Do you
remember that, is there anyone smoking? Is there anyone close
to being smoking? Helen will not enter the room until
the room is clear of that's.
Speaker 17 (01:11:23):
Right, and she had it cleared out when she became
Prime min As to that, Jonathan Hunt, being the Landlord
of Parliament, had to banish anybody if they wanted a cigarette. Well,
I've got to say the old mate Winston Peter's got
around that a bit. But he was seen to be
heading from Bellamy's Bar on the third floor of the
(01:11:44):
Bee Hive to have a fag outside every now and then.
As we're a number of others. The conviviality wasn't quite
the same exactly, but the boozing is different now.
Speaker 3 (01:11:54):
There's not nearly the culture's difference. See one of the
things that I think about these days Barrier that is,
and I don't want to sound old with it, but
when you read the book and you tell the stories,
I wonder if you didn't work through the best of times,
like if I was starting at sixteen today in the
press gallery, all the media or the whatever, it's never
(01:12:16):
going to be quite what it was or as good
or am I just an old fart?
Speaker 17 (01:12:19):
No, you're not, because I think the main thing here
is technology. And I remember, you know, traveling overseas and
having to dismantle phones to put in what we called
a mutter box with little pinchers to get audio back
to New Zealand. It was what we had to go to.
And of course we were on that long trip to
(01:12:40):
Africa with David LONGI. Cell phones weren't invented then, so
they wouldn't hear from us all day, so you'd follow
your stories late at night and be full of the
bulletins of the morning, so you know.
Speaker 2 (01:12:52):
And I remember standing on the west lawn of the
White House make with.
Speaker 17 (01:12:57):
A brick phone, and I don't know whether I was
talking to you somebody else, but thinking to myself as
I was standing there, I'm.
Speaker 2 (01:13:04):
Talking to New Zealand.
Speaker 17 (01:13:06):
I can't believe that's no wires, no crocodile clips here,
I am talking to New Zealand.
Speaker 3 (01:13:12):
Yeah, good stuff. It's an excellent book. Well done, Thank
you very much, glad you write it in good luck
with it. One last question, Prime Minister Barry soper A
twenty two so Mike.
Speaker 1 (01:13:22):
Hosking breakfast with Veta Retirement Communities News togs Head b.
Speaker 3 (01:13:27):
Mike Berry is brilliant, will be getting his book Rosie.
You do that and you'll enjoy it too. Now, when
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health dot co, dot m Z tasking three poles in
America this morning. Reutter's epsof veresite and the ap nork
pole approval rating for Trump thirty six, thirty five thirty
three ap nork handling the economy, It's down to thirty
percent now thirty Reutter's EPSOS immigration to pat immigration or
(01:14:56):
migrant deportation policies could harm the Republicans. Fifty two percent
of Americans said they were less likely to support a candidate.
Out of that, only good news was the NBC poll.
Eighty three percent of Republicans still give Trump a positive
approval rating, which is down forth but eighty three, so
he is still hot among the Republican movement. Let's go
to Britain in just a couple of moments with Rod
(01:15:17):
Little and starm As Many in.
Speaker 1 (01:15:19):
Varied troubles, opinion, edit, informed, und apologetic, the mic asking,
Breakfast with a Vita, retirement communities, Life your Way, news,
togsad b watch this.
Speaker 3 (01:15:32):
Flora's Attorney General has launched a criminal investigation into chatchbt
and whether or not the app offered advice to a
gunman who allegedly went and killed two people, wounding six
others at Florida State University. Now, the prosecutors have done
this initial review of the chat logs between chat gbt
(01:15:52):
and the bloke who's accused of guy called Phoenix Eckner
to determine if chat Gibt aided a better or advised
on a crime. They believe that chatchebt advised them what
type of gun and ammunition to use, whether a gun
would be useful at short range, what time of day
in which location would allow for the most potential victims.
(01:16:14):
So they've subpoened the open AI records of its policies
and training materials for its policies on reporting possible, past,
present and future crime. A spokeswoman for the company and
this is the interesting part, and this is where I
think this is going to get really angsty and sticky.
They said, the company's got no responsibility for that. So
if you go CHATCHBT, where should I go to shoot
(01:16:35):
some people? And chatchbt may or may eye wouldn't have
a clue, comes back and gives you the information they
alleged it's been given. They're claiming that that's not their responsibility.
It's on you for asking the question. In this case,
CHATCHOOBT provided a factual response to questions with information that
could be found broadly across public sources on the Internet. Well,
that's what chatchoobt is, of course, and it did not
(01:16:57):
encourage or promote illegal or harmful active So that'll be
the key to the case. Did it go on to
you know, say something that would indicate that it was
offering advice as opposed to potentially saying there are six
schools on this radius, etcetera. But let's see where that goes. Legally,
twenty two minutes away from nine Trending.
Speaker 1 (01:17:14):
Now International correspondence with ends inn Eye Insurance Peace of
Mind for New Zealand Business.
Speaker 3 (01:17:21):
Right, we go on little good morning, Good Since we
last talked, did sir OLLI drop a minute? And if
he did, how badly?
Speaker 11 (01:17:28):
Yeah, he did drop the minute? But it doesn't matter.
This is a great thing without democracy, that what actually
happens doesn't matter. What actually happens is of no consequence
to how the country will be governed henceforth, which is
by severe Starmer, because there is no alternative at the moment.
(01:17:50):
And so yeah, OLLI kind of did do the business
and suggested that he had been forced into into getting
Mandelson through the process without any any complaint. But it
all all of the opposition can do is rail against it.
(01:18:12):
All of them newspapers can do is rail against it.
The one thing that's come out of this is a pier.
Starmer has very very few allies left, even within his
own government. You know, you've now got the position where
I've at Cooper, David Lammy, people like that, who you
could have relied upon for being quite supportive of Starmer
(01:18:35):
now kind of semi detached, and he has no one
who I can't think of anyone who is actually attached
to that regime apart from Starmer.
Speaker 3 (01:18:45):
Yeah I read that, so yes, Lammy, yes, Cooper, also
miller Band. Do they are they detached? Do they then
potentially become a problem for him or do they just
remain detached based on the fact that as you say,
there is no one else.
Speaker 11 (01:18:59):
Well, there is no one else would exclude Ed Milliban
from that. He thinks he is someone else. So there's
that problem. But then there are so many problems about
succession within Labor. We know that Angela Railer is still
in trouble over the way she paid her stamp duty.
(01:19:20):
We know that where Streeting is still in trouble over
his links with mandelssoh and you know the fact that
he doesn't have enough support within the Labor Party, so
there is no one who can take over that. Andy
Burnham doesn't have a seat he has so for the moment,
as I've said so many times before, Starmar is safe
(01:19:45):
despite this clearly egregious. And I don't believe it either.
You know, it comes down to your individual belief in
the end, And do we believe that Stalmer knew nothing
whatsoever of the of the allegations which had been raised
in the vetting procedures against Mandelsson. I don't believe that.
(01:20:07):
I just don't believe and.
Speaker 3 (01:20:08):
I don't either. But adding to this, as the Matthew
Doyle business, with the confirmation from Starmer's camp that yes,
I did ask for him to have a nice job.
I mean, how many problems does he have to have
on his plate before he sits down at night over
a glass of claret and you go, you know what,
this just isn't worth it.
Speaker 11 (01:20:25):
Well, it should have come before now if that were
the case. Yes, there is the Matthew Doyle, the Lord
Doyle problem, which is that you know, he he he
was suggested for a diplomatic job when we need that
he'd been in trouble for having friendship with her with
someone who had committed sexual offenses. You know, I think
(01:20:47):
that's somewhere on the margins. But it just adds up
to this this suspicion, a suspicion which is growing, which
is so sorry. Lets you go back, if you go
back one and a half weeks to the start of
this crisis, I think most people would have said, he
(01:21:08):
just didn't know what was going on, is an idiot.
I think if you get now, if you talk to
people now, they would say, oh, I think he knew.
And the Matthew Doyle stuff is more evidence of the
fact that behind the scenes Starmer is behaving in a
way which we wouldn't like him to. As you know,
(01:21:31):
the electorate, and I think that's going to be a
growing problem for him. But you know, many elections coming
up on maybe eighth. You know, if Labor do badly,
which they will, it's more pressure on him, but they
may do slightly better for various local reasons than people
(01:21:52):
are thinking.
Speaker 3 (01:21:53):
All right, Mike, do you have a good week, Kim.
We'll see next Tuesday. Rod Littell and Britain latest poll.
By the way, this is a national poll as opposed
to the Scottish or Welsh elections which are coming up
the aforementioned Reform on twenty seven, which are up three,
Tory seventeen down two, Labour sixteen down one, Green seventeen
down one. It's a big green number, Liberal Democrats on fourteen,
(01:22:14):
and Restore Britain on three. So Labor are currently fourth
behind the Greens, the Tories and Reform. The other thing
of note, by the way, in Britain they actually sort
of it's got legal. The Commons and the Lords have
settled on a final draft of what they're calling landmark
legislation to stop anyone born after Jen one, two thousand
(01:22:35):
and nine from ever taking up smoking, So children seventeen
and younger will be under a lifelong ban on buying cigarettes,
so that's clearing Parliament at the moment. When it gets
royal descent, the new powers will come in. Vaping's going
to be banned in cars carrying kids at playgrounds, outside
schools and at hospitals. Still be allowed outside hospitals in
(01:22:56):
a bid to support those trying to quit pub gardens,
open spaces, beaches, private outdoor space is not included. But
if you're under seventeen, you will never be able to
legally buy a cigarette. Sixteen to two.
Speaker 1 (01:23:10):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at b.
Speaker 3 (01:23:17):
I should have mentioned that the other thing they're doing
legally in Britain at the moment is are going to
ban schools and phones and schools as in the law
it will be illegal, so that will allow schools to
enforce that particular I mentioned briefly the snooker. I got
to the snooker last night and Ronnie O. Sullivan was
playing and I think, don't hold me to it, but
I think I'm going to go to the snooker next
(01:23:39):
year at the Crucible in Sheffield because I've never been there,
and obviously why would you at Sheffield, But the Crucible
is there, and the Crucible is not going to be
used for a couple of years after that because they're
sing I can't remember where they're sending the tournament, the
World Championship, but it needs to be expanded because it's
outgrown its usefulness. And there's been an ongoing dispute between
(01:24:01):
the Hearns Barry Hearn and match Room and the local
council and snooker generally as to you know, who pays
the bill for building a bigger, better, brighter facility. But
the point being, I suspect he said he's giving himself
a couple more years, one of which is this one
and next year is the other one. But Ronie oh
Sullivan's giving himself a couple more years and I think
that's going to be it. And I was watching him yesterday.
(01:24:24):
And even if you don't sort of even if you're
snooker adjacent, you know, you're sort of like you can
take it.
Speaker 10 (01:24:29):
Or leave it all snooker jos I never.
Speaker 3 (01:24:31):
Got snooker adjacent. But anyway, he's just watching the way
he conducts himself, what he does and how he does it.
You are literally watching the end of an era. You
will never see the like again. And Katie happened to
wander into the rooms. She goes, of all the things
you'd like to do, you don't want to go to
the f one because you can't see anything, and you
(01:24:52):
don't like going to big events. What about the snooker?
And I thought, yeah, no, I would because if you
ever look at the snoop, the crucible is so small
that you're right on it. You can see it, and
you can hear it, you can feel it, you can
taste it. And to be in there and watch Ronnie
O'Sullivan play, possibly for the last time, I'd pay anything
to be there. So I think maybe anyway, who's playing
(01:25:13):
some Chinese kiddy thrashed and the kid was When he
plays people, especially young people, they get immediately psyched out.
They walk out looking like they're going to lose, and
then they watch him play and you can see it
in their face. They go, bloody hell, how's he do that?
I can't do that? And that's the end of it.
And so he won his first round ten two. And
it may be if he goes on. I don't know
(01:25:35):
that he will, but the way he played yesterday, he
can win it all, he can beat anybody. But then
that's O'Sullivan. He might wake up tomorrow's playing John Higgins next,
who's a completely different kettle of fish. He could wake
up tomorrow morning to say he doesn't want to play
anymore and he gets thrashed. So who knows. But anyway,
this time next year I might not be here because
I might be in Sheffield ten to nine.
Speaker 1 (01:25:57):
The make Hosking Breakfast with En Ture of a Sport SV News.
Speaker 3 (01:26:01):
Tom's dead b Now we've got the Super Rugby super
Round kicking off tomorrow, of course, massive day three of them,
fabulous world class rugby. It's all in Christ at the
sensational new facility. Crusaders Warriors. It's a bit of a
shame that I would have liked the Warrior the Crusaders
to play somebody decent. It's not the Warriors, the war Atars, Crusaders, Warritors.
I would have liked to play somebody decent because that'll
(01:26:22):
be a thrashing anyway. Hurricanes, Brumb's Blues, Reds. That's on Saturday.
And you've got the Highlanders Pacifica and you've got the
Chiefs drew a Sunday. So the Tab are offering to
get you in on the try scoring action all weekend long.
So you place a first try scorer bet in any
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on teaser and seed supply of course R eighteen and
you must bet responsibly. Pasking about the Christmas market yesterday,
The Christmas market's in trouble in China. There's a very
good story in China about a cake that I won't
(01:27:07):
tell you about today, but I might tell you about
it tomorrow. And a massive scandal has unfolded in China,
and they've handed down a record fine where the guy
ordered a cake and how they do it in China
is so dodgy it's embarrassing. Anyway, that's for another day.
But eighty seven percent of Christmas stuff sold to the
US comes from China, obviously, And where does China get
(01:27:28):
their stuff from Christmas from? Well through the Strait of
Hamus and that's all the plastics. So the Kiddy Christmas
factory is in serious trouble. This is in yi Wu,
which is I don't think it's close to chong Qing,
but in ye Wu that's the Christmas Capital. It's called
China's Christmas Capital. Yet another city you've never heard of,
(01:27:50):
and I guarantee you there'll be millions of people living there.
So a lot of people are holding off their orders.
At the moment, they've raised their costs per tree at
ten percent. Their base material, which is the peace Et
plastic which comes from oil. Of course, that's up for
the pine pine needles are up five percent. Her revenue
(01:28:10):
is down twelve percent, but the tinsel tinsel's up forty percent.
What do you do?
Speaker 14 (01:28:18):
You know?
Speaker 12 (01:28:18):
People say to me, when at what time does host
get into work? And I said, he's there when I
come in. He's been there since about three thirty And
they said, what's he doing on that time? I think
just basically looking up Chinese placenames that sound vaguely racist.
Speaker 3 (01:28:35):
Five minutes.
Speaker 1 (01:28:36):
Also trending now with chemist Well book in your Flu
Vaccination Today.
Speaker 3 (01:28:41):
Andrew hug So you don't know who he is, doesn't
really matter what it does now actually, because he's the
US was US Army chief for Chemical Nuclear Surety, so
that's that's sort of been charge of stuff. So he's
in he's in a bar, chats up, starts chatting with
a stranger. Turns out the strangers actually a journo, and
we've now got a fourteen minute video of him divulging
(01:29:03):
nuclear secrets and how they handle launch messages and wartime.
Speaker 10 (01:29:14):
This is serious, which we were always trained.
Speaker 4 (01:29:16):
If a girl scout.
Speaker 10 (01:29:17):
Gives you a message, a launch message, he knocks to
your door.
Speaker 1 (01:29:21):
So here he goes.
Speaker 3 (01:29:21):
He gives you a last message on a box of cookies.
Speaker 10 (01:29:23):
She wrote it out and you can passes.
Speaker 1 (01:29:26):
Of the tracks go.
Speaker 3 (01:29:29):
So the girls scout gives you the message on the
cookie box. I don't think that's true, is it? Anyway?
The beeps, by the way, were him naming the four
areas where the nuclear missiles are, which clearly he was
right because at this particular point the Pentagon rolled along
and they rolled them out, and they placed him on
leave while they investigate. So his Christmas is ruined, isn't it? Anyway?
(01:29:53):
Went well today? I enjoyed it, which is the main thing,
isn't it.
Speaker 10 (01:29:58):
We if to please.
Speaker 3 (01:30:03):
It's therapy. It keeps me out of some sort of
other institution. That's all it is. I think that's what
we've concluded. Back tomorrow morning from six as you're in
my
Speaker 1 (01:30:22):
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