Full Show Podcast: 23 January 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
New Zealand's home for trusted news and views.

Speaker 2 (00:03):
Ryan Bridge on the Mike Hosking Breakfast with a Veda, Retirement, Communities,
Life Your Way, news talks, head b to Beer and.

Speaker 3 (00:13):
Game, Good Morning, just gone seven, Half to six news talks.
He'd be Inflation Flatch on the show this morning. Kiv Bank,
the boss of kV bank, will front up, tell us
when they're going to start dropping their rates. Trump is
threatening Russia will look at that.

Speaker 4 (00:26):
Which city is.

Speaker 3 (00:26):
Building a fifth of new homes in New Zealand.

Speaker 4 (00:29):
It's not Auckland.

Speaker 3 (00:30):
Joe mckenner and Italy and Rod Little in the UK.

Speaker 1 (00:33):
Bred Bridge.

Speaker 3 (00:34):
I like Donald Trump, not in a I want Tom
running our country kind of a way, but more of
a he's pretty hilarious. What's he going to say next?
Highly entertaining, real life reality TV show kind of way.
No matter what you think of him and Sleepy Joe
for that matter, you have surely got to agree that
their constitution over in America is ridiculous. Trump's pardon roughly

(00:58):
fifteen hundred January sixth writers okay, fine, but more than
one hundred of them assaulted police officers. Some violently assaulted
cops I'm sorry, but if you bash a cop who's
just doing their job trying to protect a state building,
you cannot get away with that. What message does that

(01:19):
send to the next potential mob And who'd want to
be a cop in a situation like that?

Speaker 4 (01:23):
It's nuts.

Speaker 3 (01:25):
Once you start playing in that samdpit, you're on a
slippery slope to lawlessness. Biden's just as bad pardoning his
own family ahead of time for crimes he says they
didn't commit, but needed protection from anyway. Totally illogical, and
they can only do it because of this rule in
their constitution. The US is a democracy with separation of powers.
Like us Ie, the courts are separate from politics. So

(01:47):
why have some bizarre override red button that gives one
guy absolute power to undermine the basis of the entire system.
It makes no sense. It's old, It dates back to England.
George Washington was the first to use this power the
seventeen hundreds, pardoning the Whiskey rebels. But if it's being
used to let cop bashes off the hook, you've surely

(02:08):
got to ask you yourself if it is still such
a great idea. Sure if you're just protesting and you
think an election's being stolen. Protest, but do it peacefully
challenge through the courts. That's what they're there for. Order
and respect for law, nobody being above the law or
exempt from the law. These are things that should separate

(02:30):
democracies from dictatorships, or civil societies from civil unrest. And
in the United States, with every pardon and partisan prosecution,
they edge closer and closer towards the latter.

Speaker 1 (02:43):
Whow news of the world in ninety seconds.

Speaker 3 (02:47):
Be changing, ping, putin bromance continues. We told you about
the phone call between the two leaders yesterday. Well, now
we know what they've spoken about. Putin says, their best is.

Speaker 5 (02:57):
These connections are self sufficient and independent of domestic political
factors and the current global situation.

Speaker 3 (03:04):
She agrees this year, I am ready together with you to.

Speaker 5 (03:07):
Elevate Chinese Russian relations to a new levels, to counter
external uncertainties by preserving stability and resilience of Chinese Russian relations.

Speaker 3 (03:17):
Meanwhile, Britain has spotted a Russian spyship in its waters.
The defense sectory not happy.

Speaker 6 (03:23):
We see you, we know what you're doing, and we
will not shy away from robust action to protect this country.

Speaker 3 (03:34):
You've been a naughty boy, go home Staying. In the UK,
Prince Harry has settled as lawsuit against Rupert Murdoch's The Sun.
He's received an apology for his pine being tapped in
substantial damages, his lawyer claiming a massive window.

Speaker 7 (03:48):
This represents a vindication for the hundreds of other claimants
who are strong armed into settling without being able to
get to the.

Speaker 4 (03:57):
Truth of what was done to them.

Speaker 3 (04:00):
That Later, in Ireland, Michael Martin returning as Prime Minister
after stitching up a deal with independent MPs, but it
only led to chaos in the parliament.

Speaker 4 (04:07):
Deputy Deputy, I'm going to get you warner, maturity, my
win half tess as hands.

Speaker 8 (04:19):
If we're going to be left.

Speaker 3 (04:21):
Thank you well, thank you. Back in the States, Trump's
thinking about a trip to the Middle East and he's
again taking credit for the release of the Israeli hostages.

Speaker 9 (04:29):
If I weren't here, they wouldn't be back. Ever, they say,
six months ago you would have had eleven more living hostages.

Speaker 10 (04:36):
Think of that.

Speaker 9 (04:37):
Biden couldn't get it done, and it was only the
imposition that I put on as a deadline they got
it done.

Speaker 3 (04:45):
Finally, there could be trouble and paradise for Kamala Harris's marriage.
According to reports, the former VP is in full blame
game mode for her lost to Trump at the election,
and that focus has turned.

Speaker 4 (04:58):
To her husband, Dougie.

Speaker 3 (05:01):
It comes from revelations that during the campaign, where you
would have seen this, that he had an affair. This
is in his first marriage, so not when he was
married to Kamla, but that came out during the campaign.
She apparently thinks that that damaged her campaign and is
now considering whether Dougie is dead.

Speaker 4 (05:18):
Weight, brutal.

Speaker 3 (05:22):
Oh, they were hugging at the inauguration' they I saw
them have a week kiss and a hug. Now that
doesn't mean much. Also rumors about the Obamas as well,
So it seems like on the Democrats everyone's sort of
in tatters, aren't they, not just electorally but romantically. It
is twelve minutes after six News Talk Sir B Business.

Speaker 2 (05:38):
Next The Mike Asking Breakfast Full Show podcast on iHeartRadio.

Speaker 1 (05:45):
Cowed by News.

Speaker 4 (05:46):
Talks B News Talks.

Speaker 3 (05:47):
Heb caught a past six. So Harry is taking the
cash and running. If you're just joining us this morning,
This is Prince Harry and his cruse, his noble crusade
for truth and justice. It's all over. This is against
Rupert Murdock's newspapers. They have issued a full, unequivocal apology
to him for the phone hacking that happened, and they
have awarded him substantial damages. So what is he going

(06:10):
to do with that money?

Speaker 4 (06:11):
I don't know.

Speaker 3 (06:11):
Apparently the bill, the legal bills, would have been in
the tens of millions of dollars New Zealand dollars, that
is for him to go to trials. So he's not
only saved himself a bunch of money, but he's made
a bunch of money too. That's according to the Hugh
Grant settlement, he was going to have to fork out
twenty one million dollars for legal bills to take on
news the Murdock group. Anyway, we'll talk to our correspondent

(06:33):
Rod a little about that later on.

Speaker 4 (06:34):
It it's called a past six.

Speaker 3 (06:40):
Greg Smith's head Devin Funds Management, Greg, good morning to you,
Good morning Rids. All right, we've got our inflation number.
Are you still hot for a seventy five bases point cut?

Speaker 4 (06:51):
Absolutely?

Speaker 11 (06:51):
I think that, yeah, the case is clear for that
and you know that's worth they will know it's probably
probably not so, but yeah, look, inflationary pressure is a
moderator in the economies in a bit of a whole.
That's the basically summation of it. But yeah, if we
look at the annual inflation two point two percent, so
cost of living pressures obviously moderated world away from seven
point three and twenty twenty two looks slightly high in

(07:13):
their forecasts of two point one percent, but look, really
good news rhyme was that tradeable or domestically driven inflation
that slowed to four and a half percent. That was
weakened in their own forecast. It's actually the lowest since
twenty twenty one. It's the second consecutive quarter which core
inflation came in within their one to three percent band,
and it came in at two and a half percent.
So let's look at the facts. Their primary mandate the

(07:35):
ABNZ is price stability, so you know, there's clear justification
I think for them to put some aggressive rate cuts through.
So the current ACR is four point two five percent.
The neutral rate whether the economy is not being stimulated
or constructed as three percent, So it means just on
that basis alone. We need another one hundred and twenty
five basis point. It's worth of right cats, that's good

(07:55):
news for borrows. And look, it's got to be a
minimum of fifty when they meet next month. Now the
market is pricing less than that.

Speaker 4 (08:02):
Over the course of this year.

Speaker 11 (08:04):
But you know, arguably we should be at that neutral
rate right right now, not two in two years time.
So and it's just worth pointing out when you look
at some of the aspects of inflation that leaving the
OCA where it is or only a little bit lower,
won't have much of an impact. So if you look
at a fifty of the annual CPI increase was rents.
Arguably they're positively correlated.

Speaker 4 (08:25):
With interest rates.

Speaker 11 (08:25):
Council rates that are up twelve percent over the past year.
They could actually outsoften as council borings boring rates. Full
cigarette prices are eight percent. That's more about exercise duty.
So we need to get rates light and it's place
facts were in the worst per capita recession in thirty years.

Speaker 4 (08:42):
It's a few bright spots. I've talked about the dairy sector.

Speaker 11 (08:44):
You know, the manufacturing sector contraction for twenty two consecutive months,
the services sector ten months contraction conceiptibly, it's getting worse
and we're actually one of our only trading partners were
our services sector is in contraction.

Speaker 4 (08:58):
So this can't as well to be low.

Speaker 11 (09:01):
The employment market is tough and even the Kii house
prices we saw that. You say, as well, they're down
one percent year on year. Activity levels at the lower
since twenty eleven, and comparing ourselves to the US, it's
apples and oranges. I mean they're growing at three percent,
were going backwards, so we need to get at OClO.
The good news is that transmission effects through the economy
will be relatively rapid with so many mortgage borrows on

(09:23):
variable or coming off high fix rates. So it's a
cool direction, Ryan, But yeah, good news on the inflation front.

Speaker 3 (09:29):
Will they be looking at the exchange rate and thinking, oh,
that could push prices up, so therefore will be a
bit more cautious.

Speaker 4 (09:35):
It could be that aspect.

Speaker 11 (09:36):
But then obviously also there's the potential deflaty impact of
what Trump's doing. He talked overnight about putting a ten
percent teariff on China, so you could in that scenario
potentially see cheaper goods from China, our biggest training partner
diverted towards US.

Speaker 4 (09:53):
So that would actually help that story as well.

Speaker 3 (09:56):
But yeah, all right, let's talk about Netflix.

Speaker 4 (10:00):
They're doing really well.

Speaker 11 (10:01):
Oh absolutely, so it's another great result in the earning season,
which is absolutely daisier. But yeah, cracker of a report,
the shares are sort of record high. So the streaming
giant bearsts through three hundred million paid memberships during the quarter,
added a record nineteen million subscribers, and that's nearly double
what investors were speaking. So they're doing a lot of
things right these days, particularly content. They're rolling at hits

(10:23):
like a squid game. They're getting into live events, including
sport that Jake Paul and Mike Tyson boxing match is
a bit of a wait for that, but record numbers there,
NFL games and Christmas Day. They're getting further into the
live events space. And they also got lots of big
hits a head I think of the return of Stranger
Things and the like, and the other things they're doing
have been really successful as well. So the crackdown on

(10:44):
password sharing that's worked and just by the buyer. They've
got three hundred million paid memberships. But you know when
you look at the people are actually viewing Netflix, it's
closer to eight hundred million. When you think about families.

Speaker 12 (10:55):
And the like.

Speaker 11 (10:56):
The ads support a tear that's going gangbusters. So yeah,
people to put up those pesky advertisements that they pay
a little bit lease, it seems so. Ad supported tiers
are fifty five percent of their sign ups in the
countries where the option is offered, and these grew thirty
percent quarter on quarter, and they als obviously getting the
add revenue alongside this, And you look at the ad
free side literally in the position to put up prices,

(11:19):
So it all wads up to a pretty nice story there.
Ryan Cawley revenues up sixteen percent, ten point twenty five billion,
need income that double to one point eighty seven billion,
And for the full year, they've raised their revenue expectations massively,
so they reckon forty three and a half to forty
four and a half billion. It's about five and a
million higher than previous forecasts. So no surprising. Vessels are

(11:41):
tuning into the stock in drives. Stock up eleven percent
today and it's doubled over the past year.

Speaker 3 (11:47):
Yeah, the live content place seems to be working for them.

Speaker 4 (11:49):
Doesn't it.

Speaker 3 (11:49):
I've quickly grigged the numbers for today.

Speaker 11 (11:52):
Yeah, the doubt season, the doubt point three percent and
five hundred up point eight percent. That's a fresh record high,
and the Nazak up one and a half percent. The
foot say is flat eight five four five. In the UK,
the German Dax sets up one percent to a record high.
Nicola out one point six percent, A six two hundred,
uo point three percent, INSIDEX fifty down point one two percent,
thirteen zero three seven, Oil down eight cent, seventy five

(12:14):
spot seventy five, gold up twelve dollars two thousand, seve
hundred and fifty seven on an ounce. In the currency market,
KeyWe down point two percent against the US and Ossie
dollar fifty six point seven US seven ninety point three
against the A dollar. We're flat against British pound forty
six even. And yeah, use market's on a bit of
a roll. Tech stocks pushing higher on Trump's five hundred

(12:34):
billion AI infrastructure project dubbed Stargate.

Speaker 3 (12:39):
Brilliant, Greg, thank you so much to that. Have a
good day, Greg Smith, Devin Funds Management with your business.
This morning, twenty two after six, Trump is promising to
hit Russia with sanctions and tariffs.

Speaker 4 (12:49):
I'll tell you more about that next.

Speaker 2 (12:52):
The Vike Asking Breakfast Full Show podcast on iHeartRadio powered
by News TALKSB.

Speaker 3 (12:58):
Twenty five after six News Talks NB. After six thirty,
we're going to Italy. Joe McKenna will tell us about
a board game to do with the Mafia that's making
waves there.

Speaker 2 (13:06):
Trending now with Chemist ware House and your Home of
Summer Essentials.

Speaker 3 (13:11):
The working from home debate. We've had it here for
a couple of months, but it's kicking off all around
the world. This is because Donald Trump's executive order is
forcing all federal employees back to the office stop staying
at home. In the UK, a business big wig is
ruffling some feathers with his comments about hybrid working.

Speaker 4 (13:28):
We do a bit of both.

Speaker 3 (13:29):
The former boss of as to Supermarkets, Lord Rose, has
a simple message.

Speaker 13 (13:34):
We are creating a whole generation, and properly a generation
beyond other people who are used to actually not doing
what I call proper work. People who drive trains have
to go to work, people who work in operating theaters
have to go to work. People who work in service
industries like retail have to go to work, and others don't.

Speaker 9 (13:50):
Well, you know.

Speaker 4 (13:52):
What's different.

Speaker 13 (13:53):
They have children, they have problems, they have issues you
deal with.

Speaker 3 (13:57):
It doesn't sound terribly controversial, but this and Z worker
is having none of it.

Speaker 7 (14:01):
I wouldn't be able to be in the office five
days a week because I my social batchy drains and
they need to sometimes be just at home and just
like to smash outloads of admin for example.

Speaker 4 (14:12):
The social battery.

Speaker 3 (14:13):
What is a social battery? Anyway, you can imagine what's
going on online. I think the bigger problem, well that
the cause, one of the causes of this is school.
If kids aren't staying in school. Like, being in school
is not about learning necessarily, it's about training you to
sit still for eight hours a day or five hours
a day or whatever it is, and you do that
day in day out, day in day out.

Speaker 4 (14:35):
And then you can do it for a job or
like I did, learn to hate it.

Speaker 3 (14:39):
Yeah, well that's it the butt. You're here, aren't you, Glenn?

Speaker 4 (14:43):
Every morning at half a few hours have past the
sparrog fie and I smash out some admin and give
my give my social battery. Yeah, what on earth is
wrong with people?

Speaker 3 (14:52):
Good Morning, New Zealand twenty seven after six news talks.

Speaker 4 (14:55):
You've been.

Speaker 1 (15:03):
Setting the agenda and talking the big issues.

Speaker 2 (15:06):
Ryan Bridge on the Mike Hosking Breakfast with the range Rover,
the la designed to intrigue and use.

Speaker 3 (15:13):
Tom's dead b twenty four away from seven. I'm Rhine Bridge.
I'll be with you through till next Monday. Mike Hosking
returns next Tuesday for everybody who is interested in that,
which everybody will be, of course, because it's his show.

Speaker 4 (15:25):
I'm just here filling in now.

Speaker 3 (15:28):
Trump he's going to come in and bang some heads
together and he's going to get this war in Ukraine
done and dusted. That's the goal. And he's come out
overnight and said that basically a couple of things. He's
going to do sanctions, he's going to do tariffs. He's
going to throw the kitchen sink at this until the
war ends. And Zelensky's been at Davos. What he has
said is quite interesting because in order to end the
war you need to have a peace deal. To have

(15:49):
a peace deal, you need a secure border between the
two countries, and Zelensky says you will need two hundred
thousand Allied troops manning that border to make sure that
it's to lock it down. You'll need tanks, you'll need
anti missile defense systems at the border. You'll need all
manner of things. And his message to the Europeans is
we're going.

Speaker 4 (16:09):
To do this on our own.

Speaker 3 (16:11):
We can't rely on Trump because he just wants to
pull out, get out, and he's spent too much on NATO. Anyway,
We're going to talk to an expert from Chatham House
in London about that at seventeen.

Speaker 4 (16:22):
You know, News Talk VB.

Speaker 3 (16:27):
Changes to the tourism visa process could be on the way.
Nichola Willis, she's got that new remit as the Economic
Growth Minister, and she wants to make it easier for visitors,
particularly Chinese visitors to come here.

Speaker 4 (16:37):
Here are the numbers for you.

Speaker 3 (16:39):
Chinese visitor numbers still it around sixty percent of pre COVID,
which is pretty bad. That's the year to October overall
around eighty seven percent. Simon Bridges All Com Business Chamber
of CEO. Simon, good morning, Hey morning, Ryan, Good to
have you one. How hard is it for a Chinese
tourist to come here?

Speaker 14 (16:56):
Look, it's hard, and I mean let's just go to
the wider issue, which is it's good we've got a
new Minister Economic Growth who's listening looking for ideas to
usually grow the economy economy, but look, actually she needs to.
We're in recession. It's really tough out there. And you know,
I'm talking and I've been talking a while about tourism.
But it could be international education, it could be a
bunch of issues. It's just that tourism is one of

(17:16):
them that's low hanging fruit. It's really hard. We've made
it really hard. It's more costly since last year from government,
is more complicated, it takes longer to get a visa,
and these are you know, oftentimes last minute travelers, right,
so we've definitely made it harder. And contrast it with Singapore, right,

(17:37):
you talk about Singapore there they have gone visa free
for thirty days for Chinese travelers, as opposed to what
we've done, where you know, it's absolutely not that you
need that costly complicated visa and surprise, surprise, whereas we're
you know, eighty percent and tourism back to pre COVID levels,
they're one hundred percent back when it comes to Chinese

(17:59):
tourists by the way you and you've said it yourself.
Actually our issue is Chinese. Were there only whatever it is.

Speaker 3 (18:06):
Were we stupid then our government to put the visa
fees up on the visitor levy up.

Speaker 14 (18:12):
You know, I think I think what government kind of
needs to do for business for New Zealand as ultimate
every decision they make have a pro growth lens. Right,
you know, does this out growth or does it does
it hurt it? And bear in mind with Singapore, right,
I mean we're talking about a country that is rich.
They have nearly double the gdpople capital than us, but

(18:33):
they're not too good for what some people here called
sometimes low value tourism.

Speaker 4 (18:38):
Right.

Speaker 14 (18:38):
They take it where they can get it.

Speaker 4 (18:40):
Will we?

Speaker 3 (18:41):
I mean, was what we did last year pro growth
or anti growth?

Speaker 12 (18:46):
Well?

Speaker 14 (18:46):
Look, you know the answer to that. I mean, I'm
not suggesting that they don't have criticizing that.

Speaker 3 (18:52):
It's hard to criticize your old colleagues, I understand, but
I mean it's look.

Speaker 14 (18:55):
Look anyone, and in the end, they've got very real issues.
You know, they do have cost pressures. You know that
there are valid reasons, but in the end, you know,
if you're looking to get the economy as they would say,
back on track, and we urgently need to to keep
kiwis here tourisms low hanging fruit. This visa issue is one,
but actually, don't just think about China, think about India.

(19:17):
Their tourism market's been growing massively. Are they're fundamentally not
coming here as tourists? What about for them? Any business
class traveler visa free? Again, I cannot see any good
reason why you wouldn't sort of start doing some of
these moves that other countries do.

Speaker 3 (19:33):
Were's air capacity of problem here because we're not back
to pre pandemic levels. Do we need to incentivize airlines
or get them back on board?

Speaker 4 (19:40):
Yes we do.

Speaker 14 (19:41):
I mean it's good news to see you know, some
hints about Turkey, the Turkish airlines. I think coming that
though my sensus is not an issue around China. Right
we have, I mean we have nearly It's remarkable when
you look at the numbers, and obviously geopolitics plays a
role in this. We have nearly as many flights coming
into a New Zealand from China as America does.

Speaker 1 (20:01):
Right so, in my sense.

Speaker 14 (20:03):
Of it is is they will not be at full capacity,
so fill them up. We're not too good for tourism
and get your restaurants, your retail, your hotels back to
that kind of one hundred percent as opposed to probably
the seventy five to eighty percent there at the moment,
which is the difference between profit and loss.

Speaker 3 (20:21):
Simon, thank you. Good to hear from your Simon Bridges
the Aukland Business Chamber of CEO. It is eighteen minutes
away from seven five hundred and ninety dollars on fees
and English language translations. So any Chinese tourist who wants
to come here, they have to get all of their
documents translated into English first, and as Simon said, their
last minute travelers who wants to do that. Eighteen to seven.

(20:42):
Joe McKenna out of Italy.

Speaker 2 (20:43):
Next the Mike Asking Breakfast Full Show podcast on iHeartRadio,
cow it by News.

Speaker 4 (20:49):
TALKSB accorded to seven News Talks THEREB.

Speaker 3 (20:52):
We just had Simon Bridges on on visas and potential
changes coming to try and get tourists back, particularly Chinese tourists.
Lots of text Ryan Singapore understands the Chinese sentiment. We
don't seem to Ryan. We can now travel to China
as a tourist without a visa.

Speaker 4 (21:06):
It's true.

Speaker 3 (21:07):
We can do it for fifteen days visa free anywhere
in China. Ryan, tourism buggered us up previously, just as
Queenstown as they are very happy.

Speaker 4 (21:16):
With the current levels. Yeah, but you can.

Speaker 3 (21:18):
I mean, what are we going to do? Just be
poor for the rest of our lives, you know, just
put up with a few tourists pueing on the pavement.

Speaker 4 (21:24):
I don't care. It's called a.

Speaker 15 (21:26):
Seven international correspondence with ends and eye insurance, peace of
mind for New Zealand business.

Speaker 4 (21:32):
Joe McKenna is in Italy for US. Joe, Good morning,
Good morning, Ryan.

Speaker 3 (21:37):
So Trump is talking about the Italian PM, Georgia Maloney,
saying she's a fantastic woman.

Speaker 16 (21:43):
Yes, they've already forged a very strong relationship, which is
quite interesting, Ryan, because the Italian Prime Minister was the
only European leader present at his presidential inauguration in Washington, DC,
and she'd also been to see him at his retreat
in mar Lago in Flo Horridor just a couple of
weeks ago. So she is filling a vacuum because we're

(22:04):
seeing so much political upheaval in France and Germany. At
the moment, she's positioning herself as the European leader, the
go to leader, but she's also got her eye on
the big trade surplus that Italy has with the US
worth forty four billion US dollars. If those tariffs go
ahead that mister Trump is threatening to impose, that's going

(22:27):
to cost countries like Italy a great deal of money.

Speaker 3 (22:31):
Absolutely. Let's talk about this report. So it's a commissioned
by the Catholic Church. Dozens of cases of clerical abuse
of kids in northern Italy. That's over sixt decades.

Speaker 16 (22:40):
Indeed, and although we've seen so much in the international
sphere in terms of clerical sexual abuse in Australia and
European countries and the US, there hasn't been that much
said in Italy about sexual abuse. And this report was
quite interesting. It was commissioned by a Catholic diocese. A
law firm conducted independent analysis and they found that priests

(23:04):
had abused fifty nine boys and girls, some as young
as eight, over a period of six decades. So it
is quite groundbreaking. But again you've still got to ask
what is being done to track down the offenders and
bring them to justice.

Speaker 3 (23:18):
This board game that's making ways. What's wrong with that?

Speaker 16 (23:22):
Well, there is a board game that's creating a bit
of an outcry in Italy. It's about it invites players
to compete for control of the mafia. So it's called
The Family the Great Mafia War, and it's produced by
a German creator and it simulates mafia wars that rocked
Sicily in the nineteen eighties and nineteen nineties. Now, of

(23:44):
course there were many people killed there during those that period,
and one of the sisters, a sister of a judge
that was killed at that time. Giovanni Falcone said, this
is absolutely tasteless and offensive to invite participants to use
killings and bombs to compete with each other.

Speaker 4 (24:03):
Goodness me, it's it aimed at kads.

Speaker 16 (24:05):
Or is it to Well, I think it's aimed at
all sorts of age groups. Goodness, it is quite quite interesting.

Speaker 3 (24:12):
Now I want to finish on this, but I'm sure
it won't take very long. This is grand the grandson
of Italy's last king, was wanted to get intimate with
his girlfriend but needed some practice or some help.

Speaker 4 (24:23):
So what did he do?

Speaker 16 (24:25):
Well, this is a rare revelation from a former prince. Well,
he's still a prince, but the royal family no longer
exists in Italy. He's a deposed prince who lives in Switzerland,
lives in Wannaco, and he has revealed that he had
to hire a prostitute to teach him how to have
sex with his first girlfriend. He hasn't said when that was.
He's now fifty two and tells us that he's living

(24:48):
separately from his wife, but they still have a good relationship.
But he said he's always felt awkward about sex and
had to rely on a prostitute to show him what
to do.

Speaker 4 (24:56):
Goodness may but he's separated now from his wife.

Speaker 16 (25:00):
Did you say, Well, he said they have a good
relationship because they don't live in the same place at
the same time. Okay, not the first person to say that.

Speaker 3 (25:09):
Maybe maybe he's still practicing.

Speaker 4 (25:14):
All right, thanks so much, you two.

Speaker 3 (25:17):
Joe McKenna, correspondent in Italy. It is eleven away from
seven News Talks.

Speaker 2 (25:21):
Big Ryan Bridge on the Mic Hosking Breakfast with Bailey's
Real Estate News Talk Zibby.

Speaker 3 (25:28):
All Right, Harry's got a bit of extra money in
his back pocket today, to the tune of ten million
pounds twenty one million New Zealand dollars. So that's a
lot of Montecito cashmir sweaters for his wife to wander
around the big luxury mansion. And you can just picture them,
can't you. He said, it's not about the money, not
about the money. But you know, it's about the money.

Speaker 4 (25:50):
It's like saying I'm not racist, But isn't it. Yeah?

Speaker 3 (25:53):
I think so, he said. It's more about the principle,
the fact that they've apologized to him.

Speaker 4 (25:57):
Anyway.

Speaker 3 (25:58):
One of the only other man standing who was still
suing the Sun, which is owned by Rupert Murdoch, was
Lord Watson. This is a former Labor Deputy leader. Here's
what he has said.

Speaker 17 (26:08):
I once said that the big beasts of the tabloid
jungle have no predators.

Speaker 4 (26:13):
I was wrong.

Speaker 1 (26:15):
They have.

Speaker 17 (26:15):
Prince Harry. His bravery and astornish encourage have brought accountability
to a part of the media world that thought it
was untouchable. I am sure I speak on behalf of
the thousands of victims when I say we are grateful
to him for his unwavering support and his determination under

(26:37):
extraordinary pressure.

Speaker 1 (26:41):
And the ouse.

Speaker 2 (26:42):
It's the biz with business Mimer take your business productivity
to the next level.

Speaker 3 (26:48):
That Sam's businesses still need to be convinced about the
benefits of AI.

Speaker 4 (26:51):
This is some research that's been done.

Speaker 3 (26:53):
The American tech research company Gartner has surveyed more than
one hundred and fifty IT leaders worldwide, and they wanted
to know their thoughts of Microsoft's generative AI copilot. Copilot
can be used with tasks like tweaking the tone of
an email so you don't sound like an ahole, drafting
a document, summarizing a report, finding trends in an Excel spreadsheet,

(27:15):
or summarizing a team's meeting. They all sound like horrible
tasks something I would definitely delegate to AI anyway. The
research found only three percent of leaders thought the program
provided significant value right now, but sixty two percent reckon
it's somewhat valuable and showed signs of living up to
its expectations. Gartner says users who use it frequently save

(27:38):
up to fourteen minutes a day, but it remains to
be seen if that has any business value. Why because
it's not known if people are using that time effectively
or not. Are they saving time by using AI and
then going on Facebook? That's Basically the problem, isn't it
You give people an inch and they'll take a mile.
It has just gone five minutes away from seven on

(27:59):
newstalksbs lots to come after that. Which city in New
Zealand not Auckland, is building one fifth of new built
homes in New Zealand. We're going to talk to the
mirror of that city after seven. Also, the banks, you
have the inflation number, non tradeable inflation is coming down
a little bit, but when and the rest is staying
flat generally. What are the banks going to do in

(28:21):
response to this? We'll have a bank's CEO on after
seven o'clock. Also, in a really interesting study about men
and women, so the height difference between men and women
is growing, and this is over the last hundred years.
In fact, men's height is growing at double the pace
of women's height.

Speaker 4 (28:41):
Isn't that fascinating.

Speaker 3 (28:42):
This is a study that's been done looking measured everybody
obviously and looked at measurements for going back to nineteen
hundred and Part of the reason, obviously is diet. You know,
we're all eating more, we've got more access to protein
and stuff. But why would men be growing faster than
women when we've all got access to more protein, more checks,
and more meat.

Speaker 4 (29:01):
Right.

Speaker 3 (29:01):
Well, the answer is that women are more attracted to
taller men and are therefore selecting them as partners, and
the genes are now taller. That's what they reckon. It's
it comes down to sexual preference.

Speaker 4 (29:14):
For jens with longer legs. Is that what you're saying?
Talking about genes like you know, DNA? I got cha? Interesting,
But it's women are to blame for the fay that
we're taller.

Speaker 3 (29:26):
Well, I guess yeah, they are. They've sort of self
selected themselves to be shorter.

Speaker 4 (29:33):
I guess are you men explaining this is what's happening
right now? No?

Speaker 3 (29:36):
No, I'm just explaining science to you know, to everybody.
I'm not being specific about who's listening. I guess that's
why women's heels seem to be getting exponentially taller to
try and catch.

Speaker 4 (29:47):
Up, because men are selecting the high heels. And that's
is that what you're saying? Right? Three to seven News.

Speaker 18 (29:55):
Next The Breakfast Show, Kiwi's Trust to Stay in the Know.

Speaker 2 (30:07):
Brian Bridge on the Mike, asking Breakfast with Bailey's real estate,
finding the buyers others can't use togs EDB.

Speaker 3 (30:14):
Good morning New Zealand. Seven after seven. I'm Ryan Bridge
and Mike is back with you next week.

Speaker 4 (30:20):
Right, we have a number.

Speaker 3 (30:21):
Inflation has unchanged two point two percent for the year
of December, non tradeables coming down, Economists and the pundit's
still picking a half a percent o CR cut next month.
So does this give the banks some confidence to start
dropping rates? Steve Yukovic is the Kiwibank's CEOs.

Speaker 4 (30:36):
With me this morning. Steve, Good morning morning Ron. Does
it give you confidence?

Speaker 10 (30:41):
Yeah?

Speaker 19 (30:41):
It does, And I think you know where we price
rates from, which is the two year mark, is actually
looking pretty stable. So I think, you know, we've seen
some cuts over the last couple of weeks. I'd expect
after this number we'll see some more cuts.

Speaker 12 (30:53):
Next week from you, yeah, I think so.

Speaker 19 (30:56):
It looks very very likely for us, but I also
think all banks will be in the same. But for
that CPI number, seeing that it's sort of very very
close to that RB and ZED target being at two percent,
I think gives a ritt a bit of confidence.

Speaker 3 (31:08):
Are you worried about I mean, obviously the non tradable
coming down starting to come down is good, but are
you worried about the exchange rate.

Speaker 12 (31:15):
Here we are, I mean, for your listeners.

Speaker 19 (31:17):
The fact that our interest rates are coming down makes
the New Zealand dollar less attractive, which means everything that
we import, like petrol and things like that goes up
in price.

Speaker 12 (31:26):
So yeah, that is a worry.

Speaker 19 (31:28):
But ultimately it looks like people's confidence is picking up
slightly and we think the second half of this calendar
year will be much better.

Speaker 3 (31:35):
So you think you'll bring your two year rate down
next week? How low do you think you'll go?

Speaker 12 (31:40):
Well, I think we.

Speaker 19 (31:41):
Should expect to see it come down by half a
percent over the next I think next two to three months.
So you know that we're really confident that we're going
to see a fifty point cut in February, as you mentioned.

Speaker 3 (31:52):
So you'll be down around five Yeah, I think that's.

Speaker 19 (31:55):
Where the rates are going to come down, I mean,
or obviously vary by two, but I do think you
know we're going to see rates around the five percent
mark for sure by when Well, I think we're going
to see a cut in February of half a percent.

Speaker 12 (32:07):
I think it's a little less certain.

Speaker 19 (32:08):
About whether the next cut is twenty five points and
whether it happens in April or May. But I think
that trend is absolutely that we're going to see an
OCR around you know, three point twenty five percent something
like that.

Speaker 3 (32:20):
But are you saying that that will that will you know,
percent for percent cut your mortgage rates too?

Speaker 4 (32:26):
Yeah?

Speaker 12 (32:26):
I think so.

Speaker 19 (32:27):
I mean it won't happen all in one cut, I
don't think, ryan, But I do think that's where how
rates will come down.

Speaker 3 (32:32):
Okay, interesting, your one year rate, you haven't I noticed
you didn't move it last time five point seven nine percent?
Why didn't you move that when you move the others?
And do you think that will change this time round?

Speaker 12 (32:42):
Yeah? I think so.

Speaker 19 (32:43):
I mean, ultimately the shorter term rates like OCR helped
that shorter term and mortgage rate come down. So you know,
there was still a little bit of uncertainty about the
CPI and so we've got that number in the bag
now so we know what we're dealing with. So I think,
you know, we will see rates come down across the board.
But I do think, you know, longer term, maybe in
a couple of years time, we're sort of it's a

(33:03):
little less certain about you know, whether the rates are
sort of going to hang around where they are.

Speaker 3 (33:07):
Now, what do you what's going to happen to them?

Speaker 19 (33:10):
Well, I think, you know, we you could see inflation
start to creep back in. You know, we see a
bit more activity. The lower dollar will as you say,
for tradeaballs and any anything important will be more expensive.
That sort of seas inflation creep in. But I mean
if you look at what was involved in the CPI
and some of where you know the upward trenders, you know,
some quite nasty stuff. They household so rentals, rental rates

(33:34):
were still at four point two percent. You know, things
you can't control, like council rates are up twelve percent.
Fe is internationally up six point six percent. Domestic if
he is up nine point three percent, so you know,
offset by say vegetables because of the season coming down
by eleven and a half percent.

Speaker 12 (33:49):
So there's quite a lot of moving parts.

Speaker 19 (33:51):
So you know, I think, as I say, confidence coming back,
and I think that's positive.

Speaker 3 (33:55):
Steve, thank you for that. Steve Yukovich Kepibank's CEO with us.
If you're looking and get a home line, and I
guess the message is that rates will be coming down
next week potentially for Kiwi Bank eleven after.

Speaker 1 (34:05):
Seven Ryan Bridge.

Speaker 3 (34:07):
So Trump is threatening tariffs overnight, He's threatening sanctions against Russia.
He wants the war with Ukraine ended, he wants it over.
And there was a real casual exchange yesterday in which
he said that Vladimir Putin appeared to be not doing
so well when it comes to dealing with the war
in Ukraine. And Kiir Charles is a senior expert on
Russia at Britain's prestigious Chathamhouses with us this morning.

Speaker 4 (34:29):
Good morning, hello, good morning. Is this threat going to work? Well?

Speaker 20 (34:34):
We have to see what Trump actually does as opposed
to what Trump actually says as always, and at the moment,
people are clutching at straws. They're trying to guess exactly
which way Trump might jump and what he may or
mine be able to do to fulfill his promise of
bringing this war to an end.

Speaker 4 (34:49):
They've toursed.

Speaker 20 (34:49):
It's encouraging for those people who feared that what he
was going to do was put maximum pressure on Ukraine
to knuckle under and bring the major fighting to a
close by effectively trying to force US render of Ukraine.
This looks like a more even handed approach to you,
trying to get both sides to find some way of
ending the fighting. But there's still the danger that people
fear that he may try to bring off some kind

(35:11):
of ceasefire that doesn't address the underlying conflict. So it
just gives Russia a chance to rebuild its forces for
another go, which.

Speaker 3 (35:17):
Is why overnight you hear Zelenski talking about the need
for two hundred thousand Allied troops at the border should
there be a piece steel done.

Speaker 20 (35:26):
There are lots of ideas being thrown around for how
exactly Ukraine could perhaps some kind of security guarantees, some
way of deterring Russia from attacking again. And the way
this has worked across that western frontier of Russia, the
way NATO has ensured this is by having multinational contingents
in those forward NATO agents. It's the same formats that's

(35:47):
being proposed for Ukraine. Of course, the other question is
how many European countries are actually likely to sign up
to that, and that's a far harder issue. Who exactly
is going to guarantee the security of Ukraine against Russia?

Speaker 4 (35:59):
Well not President Trump.

Speaker 20 (36:02):
Absolutely not, And that's really focused the minds of Europe,
particularly Western European countries, where there's been a bit of
a wave of panic after Trump arriving because they're suddenly
faced with the reality that they have to take an
interest in their own obligations to defend their own countries
instead of, as Trump quite rightly points out, freeloading on
the United States for the last few decades, and so

(36:23):
because that is such a huge challenge to their own economies,
because they've not been willing to do that for so long,
that of course has really been one of the main
things that has caused people concerned with Trump arriving and
this promise that he may not not meet the United
States's NATO commitments if called on to do so.

Speaker 4 (36:41):
Fascinating stuff.

Speaker 3 (36:41):
Ka, thank you so much for your Tim Kijiles, the
senior expert on Russia at Britain's prestigious Tatam House. Thirteen
minutes after seven on News Talks, he'd been coming up
next christ Church. Why are they building? How are they
building so many houses?

Speaker 2 (36:55):
The High Asking Breakfast Full Show podcast on I Have
Radio Howard by News.

Speaker 3 (37:00):
Be sixteen after seven News Talks there'd be big speech
from Chris Luxeon today and we're going to have a
panel on that with Joseph B. Becganny and Tim Hurdle
after seven thirty. Right now, building is booming, at least
in christ Church one out of every five new bills
in New Zealand right now coming from the Canterbury catchment.
The Garden City leads the way with consents as well,

(37:21):
outperforming Auckland and triple the rate of Wellington. Film Major's
christ Church is me a good morning mate?

Speaker 10 (37:27):
How are you doing?

Speaker 3 (37:28):
I'm good, thank you? What are you doing right.

Speaker 4 (37:31):
Ah?

Speaker 10 (37:32):
Where everyone in the country is waking up to the
fact that we've all known how good christ Church, well,
not so much at christ Church and Canbury. Canterbury is
the place to be. It's we're now. We did used
to have after COVID eight eight hundred consents, but it
was manic then and put a lot of pressure on
our consents teams over everywhere for building consents because you

(37:55):
don't just whip down to your local trade staff shop
and grab an armful of consenting people. So we were
under a lot of pressure. But it's back GoF to
six thousand, five hundred, which is still better than everywhere
everywhere else, and it's a pleasure. What's good for Canary
is good for christ Church. You have more people in
the city. It helps hospitality, It's good for everyone.

Speaker 3 (38:17):
Are you are we talking houses or are we talking
apartments and townhouses and things?

Speaker 10 (38:22):
Over fifty percent of the ones in christ Church we
had nearly a billion dollars worth of stuff. Is talking
christ Churge now and christ Church a billion dollars worth
of new homes and half of those were units, townhouses
or apartments. And we want more people in the central city,
which is good. We had a name we wanted a
twenty thousand and we're not there yet, but this sort

(38:45):
of stuff really helps.

Speaker 3 (38:46):
Where are you at with the twenty thousand goal?

Speaker 10 (38:49):
I think a while ago is about nine. I think
we must be looking about twelve to thirteen. I'm not
sure I should check, but it is getting there is good.

Speaker 3 (38:57):
And how's your infrastructure holding up? Because that's often one
of the problems when you go fast you can't keep up.

Speaker 10 (39:03):
Underground that there's always pressure. We've we've got a lot
of stuff repaired after the earthquake, which was good, even
though it's struggles. But the roading infrastructure was is not
bad because down from Rollinston into town and Rangura into town.
We've got some lovely new motorways built a number of

(39:23):
years ago, and that's helping people get here. But it's
it's of course, it's the water, it's a sirs, it's
everything like that, and I'm pretty happy we're keeping on
top of it.

Speaker 3 (39:33):
So what's happened to the truck? The trailer that you moved?
The one that went viral?

Speaker 11 (39:39):
Oh?

Speaker 4 (39:40):
Did it?

Speaker 21 (39:40):
Ever?

Speaker 10 (39:40):
I can't believe that people read it so much. But anyway,
all I did was move at two hundred meters down
the road just to get it out of this line
of sight of this this poor guy that got his visional.
You know, is out look a ruined?

Speaker 4 (39:53):
Yes? Is it still there now?

Speaker 10 (39:55):
No? No, it got picked up by the finance company
and it's I believe it's gone to an option house
to get rid of all.

Speaker 3 (40:01):
Right, Okay, so it's gone. So basically, it took you
eight months of an action. It took you coming and
turning a thing on and moving it to get it
moving again, and now it's gone altogether. Nineteen after it's
called hands on progress. Nineteen minutes after seven News talks MP.

Speaker 2 (40:18):
The mike asking Breakfast Full Show podcast on iHeartRadio, fow
it by News Talks.

Speaker 3 (40:24):
EVY twenty two after seven. So we have a number
inflation that is, which is better than not knowing. But
it didn't do exactly what we wanted to do, which
was to come down two point two percent for the
year to December, no change from the quarter before it,
and crucially, non tradable inflation that's the stuff that we
should have more control over domestically was down slightly but

(40:45):
still four and a half percent. Two problems here, one
for us, one for the government. If the key we
dollar keeps falling, the stuff that we buy from the
rest of the world, think fuel and food will get
more expensive. If that stuff gets more expensive, yep, that
means you guessed it inflation. Add that to your sticky
domestic number and you may start to have a problem.

Speaker 4 (41:04):
Suddenly the Reserve.

Speaker 3 (41:05):
Bank gets the jitters and tie hose on rate cuts.
Then we all get the jitters and pull back on spending,
and then we're riding the seemingly never ending roller coaster
that is the cost of living crisis. The gift from labor,
it just keeps on giving. The other problem in these
numbers is for the government at the election. They promised,
remember this, that rents would come down once they delivered

(41:29):
the landlord interest deductibility relief. Now I agree with them
doing that. It was mad that Labour took it away,
but they were wrong to claim that it would bring
rents down when rents are buying large dictated by supply
and demand. How much the market is willing to pay
for a three betty in Mountvick is what the market
is willing to pay. Right, So now eighty percent deductibility

(41:52):
has kicked in and guess what rents are up four
point two percent in yesterday's numbers, So not exactly what
was promised by the government now. To be fair, they
will be hoping that once the full landlord deduction kicks
in and it's given more time, it may help. And
it might, but at the margins it is not and
won't be the main driver of slashing rents, and yesterday's

(42:15):
numbers only proved that. Bryan Bridge, twenty four minutes away, sorry,
twenty four minutes after seven on News Talk said b
Donald Trump, did you see him? So after inauguration day
you go to church because that's what you do in America,
because everybody's god faring there. You go to church the
next day and there is a lovely service, and the
reverend at this service that the woman who was running

(42:36):
the service had a comment about Trump and LGBTQ and
voters and also some immigrants have listened.

Speaker 21 (42:45):
In the name of our God, I ask you to
have mercy upon the people in our country. You're scared now.
There are gay, lesbian, and as ginger children in Democratic,
Republican and independent families, some who fear for their lives.

Speaker 4 (43:10):
Right.

Speaker 3 (43:10):
So Trump is sitting there in church watching this service happen,
and she's speaking directly to him, and Jadie vances out
of side and they're sort of looking at each other like,
oh God, here we go. Anyway, he was asked about
this afterwards.

Speaker 22 (43:23):
What did you think of a service?

Speaker 4 (43:25):
What did you think?

Speaker 15 (43:27):
Do you like it?

Speaker 4 (43:27):
Did you find it exciting? Not too exciting?

Speaker 1 (43:31):
Was it?

Speaker 4 (43:32):
I didn't think it was a good service.

Speaker 8 (43:34):
Thank you very much, Thank you, Brice, Thank you bro much, thank.

Speaker 23 (43:38):
You too much.

Speaker 4 (43:38):
Better.

Speaker 3 (43:39):
Since she was really bad at her job, like you know,
like someone who has made a bad coffee. Oh no,
terrible at her job. She did a terrible service. Anyway,
quite funny from Donald Trump twenty five minutes after seven. Now,
if you want to go climb Mount Everest, which I
don't know how many people really want to do that,
you can tell you how many people have done that

(44:01):
over since nineteen twenty two, it's about seven thousand people
have successfully climb Mount Everest. That's twelve thousand summits, so
lots of people have done it twice or three times.
Record eight hundred people did it last year. And guess
your chance of dying, So that twelve thousand summits three
hundred and thirty five deaths, So it's something they're probably

(44:23):
more dangerous things to do. Anyway, It's going to cost
you a lot more to climb Mount Everest now, and
this is how Nepal makes its money out of the mountain.
They charge a permit right to get up there, and
they're putting that cost up by more than thirty five percent,
so it's going to be a little bit more expensive.
Twenty six thousand New Zealand dollars now is how much

(44:46):
is going to cost you. WHI should net them around
twenty million dollars a year from the pool, which is
good for them.

Speaker 4 (44:51):
I think people got upset about our little bed tacks
here exactly.

Speaker 3 (44:57):
I mean, they's probably quite different prospects. I would imagine
it's just that's just the permit fee. Then you got
your spur and you you know your helicopter. The price
for spurs these days inflation.

Speaker 4 (45:09):
All right.

Speaker 3 (45:10):
Back in the second News Next News Talk said bet.

Speaker 2 (45:29):
Your source of breaking news, challenging opinion and honored facts.
Bryan Bridge on the Mic Hosking Breakfast with a Vida, Retirement, Communities,
Life Your Way, News, togs Head b B.

Speaker 3 (45:49):
And Good Morning's twenty fair Away from eight. Big day
to day for Christopher luxon kicking off his political calendar.
I suppose he sort of did that with a reshuffle
on Sunday, but today is the state of the Name address,
and if the cabinet reached up it was anything to
go by. It looks like growth, growth, growth, will be
on the agenda. There's been lots of talk, not much action.
What's going to happen, what will be delivered? We'll find out.

(46:10):
Tim Hurdle is with us, the former National Party senior advisor,
and Josie Beganni political commentator, Good morning, Good morning, Tim.

Speaker 4 (46:17):
What do you think he's going to say today.

Speaker 24 (46:20):
I think he's going to try and create a story
around some of the actions they've taken as a government
and weave that into an economic plan and try and
give some confidence and certainty about what the government's going
to do in the next twelve months to drive the
economic growth in the economy.

Speaker 4 (46:36):
Josie Will people listen to his message, Well.

Speaker 25 (46:40):
I think we're all saying, I mean, over Christmas, Ryan
people talked about this all the time, right, I mean,
our kids are leaving the country, they haven't got decent jobs,
we're not growing. It feels like we're in a hole.
So I think he's talking about the right thing, absolutely,
And to paraphrase Paul Krugman, the economist, he said, you know,
productivity isn't everything, but it almost is. And that's what

(47:01):
we're really talking about, getting more value out of the
things that we put in. So that's labor, that's the
hours that we work, it's the jobs that we do.
So he's definitely talking about the right thing. And once
thank god, we've stopped the kind of gibberous economics around
de growth, you know, the sort of circular economy donate
economics thing where we're meant to be richer if we

(47:23):
made less, because we need the money to do the
things we love. Right, I'm in schools, hospitals, building stuff
and higher wages. I think the problem they've got is
I don't really know what their theory of growth is
because it's not spending more. We know that they haven't
got an industrial policy like every other government does at
the moment, they don't like to have an active government

(47:45):
that invests, picks winners, you know, back certain sectors. So
I think we need to hear what is the plan,
what's your theory of growth? How do you think you're
going to grow the country. What are you going to
do about our current account deficit? And it can't just
be about tourism that they have.

Speaker 3 (48:01):
Said, to be fair that that is a short term
sugar hit. I suppose the tourism one one that you
can potentially turn around really quickly. Tim Is it important
because what we're hearing is today he's going to say,
if you want all these great things, the social services,
the healthcare, etc. We're going to have to do some
stuff that you won't like, i e.

Speaker 4 (48:20):
Mining.

Speaker 3 (48:21):
Is this the way that he needs to start framing
this debate?

Speaker 23 (48:25):
Yeah?

Speaker 24 (48:25):
Well, the problem is with the economy is that the
things that make money are not really tourism. Tourism you
get a lot of low wage jobs. If we really
want to be a high wage economy, we have to
be doing things, and the part of the economy that
makes the most money's actually mining. But really we need
to get into the tech sector and those high tech
jobs that are fueling economic growth around the world, and

(48:48):
the services sector. And so that might mean changing what
the emphasis is on some of the stuff we do
today and trying to find new sectors of the economy
that are driven off innovation growth and potentially initially some
of those extractive industries, which are a bit of challenge
for KIWIS because we certainly haven't shown a big appetite
for mining in the past.

Speaker 3 (49:08):
No, we haven't, But I guess if you can reframe it,
then maybe you'd get some people on board. What about
the speaking of getting people on board, Josie, that poll
that had national down in twenty nine or something. Do
you think, because obviously there is a bit of discontent
out that you would have heard it from people over
Christmas too, over the summer break. Do you think that's
just the sign of the economic times or do you
think it's something to do with Luxeon in particular.

Speaker 25 (49:31):
I think Luson's got nothing to lose now, right. He
needs to step up into a real leadership role, and
that means exactly what Tim was saying, where you've actually
got to make tough choices. And the thing about growth.
If you're going to make growth the number one priority, growth, growth, growth,
then there's some things you're not going to do, or
you're going to do some things that might be a
bit unpalatable for some people. And that's leadership. So leadership

(49:55):
isn't actually being liked or being popular all the time.
It's actually going right, we've got a real problem and
we're going to prioritize X, Y and Z. So I
think if you can do that and if you can
take the country with him, that's the kind of vision
that we've been looking for from him. And he needs
to look at countries like you know, South Korea, Singapore.
We talk about these all the time. You build out

(50:15):
from your point of unique difference. South Korea they create
the government invested heavily in auto industries in the seventies.
Singapore they said, right, we're report, We're going to build
out from that and now they're a financial hub and
a pharmaceutical hub globally. So that's the kind of vision
we're looking for from him, And yes, there will be
tough decisions to make.

Speaker 4 (50:37):
Tim. What's one really unpopular policy you think you should too?
He should do?

Speaker 24 (50:42):
Oh, that's not the kind of thing I like to
advise on. I just think that we need to think
a lot more about the We tend to spend a
lot of time thinking about growing sectors we've already got.
We need to think a lot more about getting involved
in the sectors that are growing the economy. What's the
biggest wealthiest parts of the American economy today. It's the
it's the tesselers, it's the invedas, it's the it's the meata.

(51:06):
Those are the ones that worth the billions of dollars.
They're not growing dairy cows or trying to grow more fruit.
They're really thinking really hard about how do you transform
into an economy that creates high wage jobs. And those
are quite different things from probably what we target in
New Zealand. We still talk about existing exports a lot.

Speaker 4 (51:24):
Yeah, well, should we offer them tax breaks to come here?

Speaker 24 (51:27):
I mean, I think that's what the worst thing is.
The worst thing is government's trying to pick winners. It
just never works. And you can go through the examples
over and over again of governments deciding they know what
they do and they end up investing in stuff that
goes horribly wrong, and then it's on the front page
of the New Zealand Herald or Ryan Bridges interviewing someone
about about how much money was wasted.

Speaker 4 (51:48):
Some bat company and to what do you go.

Speaker 25 (51:51):
I'd say about that, though, tim is that you're right.
You know, governments can't just pick winners on their own.
They've got to do it in consultation with business where
with communities, with you know, experts in a particular sector.
So that's right, but they do. If you look at
countries like South Korea, like Singapore, they did at the
government was very active and intervened in the market. And

(52:13):
some of the problem for national I think and definitely
act is that they don't actually believe in active governments
doing much. So that's the problem. You can't do transformation
unless you're going.

Speaker 20 (52:21):
To do that.

Speaker 25 (52:22):
The key is to also let losers go. So that's
what you know. Tesla had a lot of government support
in terms of the R and D in Tesla, so
you back that. But then the company that fell over
recently that did solar panels had also had government backing
in the US what it's called now Solnin or something

(52:44):
that was one where the government should have dropped it
straight away the minute it wasn't delivering. And so you've
got Yes, I think you can pick winners, but you've
got to let the losers go. But the problem for
this government is they don't really believe in intervening in
the market at all. So you know, they've got pro.

Speaker 4 (53:00):
And the other thing.

Speaker 3 (53:01):
I suppose they've got a bit of a rock and
a hard play situation between them. You know, they've got
the sort of more nationalist approach from New Zealand first
on one side, and then the free market liberals on
the other. Tim Hurdle, thank you very much for your
time this morning, former National Party senior advisor and Josie
Biganni political commentator.

Speaker 4 (53:16):
That speech from lux and.

Speaker 3 (53:18):
If anyone wants to go, it's one hundred and forty
eight years sold out, But it was one hundred and
forty dollars a ticket to go and have lunch and
listen to the State of the Nation's Speech by our
Prime Minister, happening at one o'clock today. It is sixteen
away from seven the.

Speaker 2 (53:31):
Vike Hosking Breakfast Full Show podcast on iHeartRadio.

Speaker 1 (53:35):
Now it by News Talks.

Speaker 3 (53:36):
It'd be thirteen away from eight. The Toyota Aqua's gone
and done it. For the third year in a row.
It's claimed the title of New Zealand's most stolen car.
Oh the prestige of the twelve thousand vehicles to be
nicked to the Aqua made up eight percent of all claims.
This is from Ami. David link Later is Driven's deputy editor,
David Good morning. Oh, actually we're coming to David Later. Sorry,

(53:57):
I've completely got ahead of myself there, haven't I right,
So we're here from David. Now you know the background,
actually what I was reading about. They're all tiny, hideous cars,
the ones that have been stolen. So here's the list,
Toota Aqua, then the Corolla, then the Teeta, then the Demio,
then the Atensa. They all sound like hideous little cars.

Speaker 4 (54:17):
I'm assuming they look like thieves just going for a
real good fuel economy. Is that what's happening here? Because
you know the Equa is a hybrid.

Speaker 3 (54:23):
I'm thinking it's for ram raids because they just need
little ones to get into the dairies. That's often when you.

Speaker 4 (54:29):
Want one that fits between the bollards.

Speaker 3 (54:32):
Like a little shopping cart. Interesting though, And actually the
name Aqua makes it sound like it belongs at the
bottom of a lake, doesn't it.

Speaker 4 (54:40):
Well, you know that it is. Actually the Equa is
actually a Prius, is it. Yes, I didn't know that. Yeah,
so the Prius C is what it's otherwise known by,
but the Aqua is the imported model of that.

Speaker 3 (54:51):
Right, So like the hatchback version of a Prius.

Speaker 4 (54:54):
Basically, yeah, it looks more it looks more like a
normal car than most preous.

Speaker 3 (54:58):
It looks like a chopping cart. I mean it's tiny,
isn't it. And there's somebody who works there, somebody who's
sitting next to you right now actually whose partner owns
one of these, and says it's just sort of embarrassed,
embarrassing to drive, especially if you're a taller person getting
into a tiny little car like that or that wouldn't
see you either it. No, I've looked like like I'm
driving a knotty car.

Speaker 4 (55:17):
Ridiculous. That's the main reason I don't drive a Lamborghini.
I said in a Lamborghini once and I couldn't get
out of it because I was so wedged in there.
It's not for a larger person. I guess it's like me.
I Ports just suffocating. I know, it's terrible.

Speaker 3 (55:30):
Hey, let's talk about ports for a quick second. So
ports and news on aren't making any money, well, not
all of them, but a lot of them aren't making
the money that they should be. This is a report
by Forsyth Bar, and it's odd because we are a
country surrounded by water, and eighty one percent of our
trade by value goes by the sea, sixty five billion

(55:52):
coming in, seventy billion going out, so lots of activity.
But for some reason, the average pretax return on capital
across thirteen port companies has gone from eleven percent in
twenty fourteen to seven point seven percent in twenty twenty
four Why aren't they more profitable?

Speaker 4 (56:09):
Will?

Speaker 3 (56:09):
This report reckons because the ossies actually charge more than
us to use their ports, So why the hell aren't
we charging more? It's exactly what this Forsyth Bar report says.
We aren't what they call maximizing our inherent pricing power.
We could be charging more, but we're just not, so
we need to also. The other problem in this won't
surprise you, council ownership control, poor capital allocation.

Speaker 4 (56:33):
That speaks for itself.

Speaker 3 (56:34):
It is ten to eight News Talk, said b I
promise you the Aqua interview next.

Speaker 2 (56:40):
Bryan Bread on the Mic Hosking Breakfast with a Vida
Retirement Communities News Talks, head.

Speaker 4 (56:46):
B seven to eight.

Speaker 3 (56:47):
The Toyota Aqua is the most stolen car in New
Zealand for the third year in a row. If you
haven't seen one, probably because they're speeding past at nighttime,
being driven by a criminal, by a thief. David Linklater
is the driven Deputy ed who's with us this morning? David,
Good morning morning. Why is the Aqua so popular among thieves?

Speaker 26 (57:08):
Look, some of it's just down numbers. I think it's
a hugely popular used import. When you think of all
of the used imports that come into New Zealand, about
half of those Toyotas every year, and Aqua is the
number one Toyota used import. So there's just tens of
thousands of them on the road. But there's obviously something
about the early Acquas that were made, this first generation

(57:29):
that many of them were made for about a decade
and twenty eleven. I think there's something about those acquas
that makes them very easy to steal. Because the number
two used import is the standard Prius and that's not
on the soul and list anywhere. So there's something special
about an acqua or a pre cd as you might
also call it to thieves.

Speaker 3 (57:49):
There used to be an issue with the Subaru windows
that made them quite popular with thieves. Do you think
it's something like that?

Speaker 26 (57:55):
It could be something like that, and I mean top
tip if you're thinking of buying an act Quat. Some
of the later models have a push button start, which
I understand are much harder to steal. So the early
ones just have a key start. So if you are
looking for it for an Aqua, and a lot of
people obviously are because they're super popular, look for one
with the with the push button start and present are
still on that list, by the way, it's still number eight,
so sober you're still there.

Speaker 3 (58:16):
And that's the window issue. What about the immobilizers? Do
do these smaller cars not have them?

Speaker 4 (58:21):
Is that part of the appeal too?

Speaker 26 (58:23):
I think a lot of the early ones don't and
used in brought cars from Japan, you know, Japanese domestic models.
We're famously sort of lacking a lot of that basic
safety stuff in the early days. And remember we're talking
about you know, relatively old cars date back sort of
twenty eleven some of them. So again, the later ones
are probably the ones to look for if you're buying them,

(58:44):
because they'll have a lot more safety gear.

Speaker 3 (58:47):
David, what's the tank of cars that can't be stolen?
If I'm really worried about having my Carnick during the night,
what should I buy?

Speaker 26 (58:54):
Oh, it's sixty four thousand question, isn't it probably cost
you about sixty four thousand dollars too? I mean, the
rule of fum really is ve new with the better,
because newer cars are much shout of the seal and
a lot of you know, if you look at the
top ten sort of stolen cars list, they're all are
of a type there. Their apologies to anybody who values
who loves their equa, but they're all quite anonymous, very

(59:18):
familiar cars, and I guess most of them get stolen
to do something bared with and so they're quite they're
not noticed on the street. They're easy to drive around
and they're plentiful, so you can always find one on
the street. So by something wacky, I guess.

Speaker 4 (59:34):
David, Thank you David Link. They had a driven deputy
editor with us this morning. Yeah.

Speaker 3 (59:38):
You only notice the aqua when it's you know, sort
of oars enders sticking out of a dairy, don't you?

Speaker 4 (59:43):
Coming up? Eight News Talks EVV.

Speaker 2 (59:54):
The News and the news Makers. Ryan Bridge on the
mic Hosking Breakfast with the Range Rover Villa designed to
intrigue and use tok s EDB.

Speaker 3 (01:00:09):
Good morning is seven after eight year on News Talk,
said B, We're going to head to the UK with
Rod Little after eight point thirty right now. Though, our
next talented guest is somewhat of a breakout star Key
We actress Lucian Buchanan started her rise to fame in
New Zealand and her teens, but since twenty twenty two
her career has really started taking off, especially with her

(01:00:30):
lead role in Netflix as the Night Agent. If you
haven't seen it, it's brilliant, go and watch it. It
was the most watched show on Netflix globally in twenty
twenty three. And now she's back starring alongside Jason Mamara
in the upcoming mini series Chief of War that's on
Apple TV plus. Lucian Buchanan, Good.

Speaker 4 (01:00:48):
Morning, what Ina.

Speaker 8 (01:00:49):
Thank you for having me Rayan.

Speaker 4 (01:00:50):
Lucy Oni.

Speaker 3 (01:00:51):
This show is massive. I was reading a stat that
says it's been watched all up one hundred thousand years
worth of viewing for season one alone. It's huge.

Speaker 8 (01:01:00):
Just a little bit. I mean, hearing those numbers kind
of freak me out, and it's a little bit overwhelming,
but it's also exciting to be a part of something
that a lot of people enjoyed, so I can't complain.

Speaker 3 (01:01:13):
I'm actually quite into this genre, into political thrillers, particularly
from the nineties early two thousand, so this was right
up my alley. I loved watching it, but I have
to say I had no idea that you were a
Kiwi the whole time.

Speaker 8 (01:01:25):
I watched it. It's quite nice hearing that from people,
because if you saw me off set, I was like
with my script in hand and my coaches and just
stressing over like the basic words, like saying my coast stars.
Your character named Peter Sutherland, I'm like Peter, run around Peter.

Speaker 3 (01:01:46):
But you know, yeah, how hard is it to now,
because obviously it's quite crucial. I mean, no one wants
to be watching a show and be questioning the accent
the whole time, right, Oh my gosh.

Speaker 8 (01:01:54):
I think first season, I got a dialect coach two
days before we started, and they would just going to
give me two days to like spend with him for
the whole season, and I kind of was like, this
is not enough, Like this is really intimidating to be
putting on this accident around Americans. And we were shooting
in Canada at the time, so I mean, when we

(01:02:15):
were working at home, you kind of feel like, Okay,
no one's around to like judge. But in this setting,
it was a lot of pressure and also like a
lot of pressure coming back this season because a lot
of people, including Americans, were like, I didn't know you
weren't American, and I'm like, oh gosh, don't stuff it
up this time. So a lot of preparation goes into it.
It's not something I can do so easily.

Speaker 4 (01:02:37):
When did you find out that there would be another season?
Season two?

Speaker 8 (01:02:40):
It was crazy, Ryan, Like, Netflix never do this, But
it was six days after the launch of season one.
And normally they take about a month or like just
over a month to find out, but because the numbers
were so high, they were like yep, season two. And
I was back home and Al say it all and
I was like, Okay, I guess we're going again. This

(01:03:02):
is crazy.

Speaker 3 (01:03:04):
There's actually another key we in this series, right, Your
auntie is from New Zealand. Did you have some part
in getting your the job or was this just a
magic coincidence?

Speaker 8 (01:03:12):
I wish they did ask me. They were like, do
you know any like tongue and actresses who could play
your aunt but she has to know how to do
an American accent and be comfortable with stunts. And I
was like, oh my god, I'm trying to think, and
you know, there's very few tongue and actresses, including myself,
like I'm one of like five maybe, and trying to
find someone age appropriate as well, and I was like

(01:03:33):
I'm so sorry, Like maybe she could just be white.
I don't know. I was like trying to think of people.
And then it was like my first read through, we
did a zoom read through because of COVID, and I
saw her in the little box and I was like, oh,
oh my gosh, Simone kiss, so of course I know
who she is. And then it wasn't until we had

(01:03:54):
a fitting. I kind of grabbed her and was like hi,
and she was like where are you from? And I
was like from and she was like, okay, I'm taking
you under my wing. We're getting dinner and I'm going
to share everything I know about working over here. And
she was just like a big sister to me the
whole time.

Speaker 3 (01:04:09):
Is there a demand, like a specific demand for Kiwi
actors in the United States or is it just that
we've had some that have had lots of great success
and we know about them.

Speaker 8 (01:04:19):
I think, you know, we we're definitely unique. And I
don't know if they're like specifically looking for Kiwis, But
I think we just put our best foot forward and
like hope for the best, and we're in the ring
with everyone else. I mean, there's a bunch of Aussies,
there's a bunch of British people in there as well,
so I think we kind of trick them almost. You know,
we go into the audition with these accents and it's
not till we get the part we're like, oh, by

(01:04:40):
the way, like this, listen, listen, I'll need a visa
to do this.

Speaker 3 (01:04:45):
For those who haven't seen Night Agent, give us an
idea of what the show's about.

Speaker 8 (01:04:50):
Oh gosh, I'm terrible at this, but I'll do my best.
It takes place here in the United States in Washington, DC,
and we follow a lower level FBI agent who man's
a phone in a windowless spasement and he one night
gets a call from my character distressed, and they kind

(01:05:13):
of go on this big conspiracy that revolves around the
White House. And yeah, it gets really intense really quick.
And let's just say, if you plan on watching one episode,
you'll probably make it to the end because it's point
of design that way, So watch at your own peril.

Speaker 4 (01:05:29):
It's like one of those page turn of books. Right.

Speaker 3 (01:05:31):
Yeah, I wanted to ask about Season one, episode one.
It's just an example because this is obviously a thriller.
When you're doing that type of acting, I think you're
an a wardrobe, there's a batty outside, you're stressed. I'm
sitting on the couch full of anxiety, and I'm imagining
you would have to do that scene over and over

(01:05:52):
and over again. Do you have to get into a
high anxious state every time you do it, or do
you just stay in one for the whole day or
however long it takes you to film.

Speaker 8 (01:06:01):
Oh gosh, it's a great question because we shot that
like three years ago, so I'm trying to remember exactly.
We did the whole house hiding in the house over
a night, I remember that, and we did a bunch
of different sizes, so like a wide shot, a close up,
and you know when it's the close up, you've got
to be like all distressed. But it's funny. Thank goodness,

(01:06:24):
my coaster gave real best. So who plays Peter. He
actually came in that night and read the offlines because
we're on the phone to each other. So that was
really helpful because sometimes it's hard to picture who you're
talking to when they're not there. Normally it's like a
crew member reading the lines really like flatly and with
a monotone accent. So that was really helpful. But I

(01:06:47):
remember giving the phone back to the prop department every
take because I had to wipe all the snot off
the phone because so much not coming out and more
than tears. I was like, I'm sorry, and they're like,
it's part of the job. So that's what I do
remember the snotty phone.

Speaker 3 (01:07:05):
Lucianie Buchanan, stay with us because we've got more questions
for you. Possibly the most watched Kiwi extras actress The
Night Agent, which is now season two coming out on
Netflix today. She stars and at start in season one
and is doing very very well overseas.

Speaker 4 (01:07:23):
So we'll come back in chat to in just a second.

Speaker 2 (01:07:25):
The Mic Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 4 (01:07:30):
A B sixteen after eight.

Speaker 3 (01:07:32):
Lucianie Buchanan, star of The Keywig, star of the hit
Netflix show Night Agent, Season two is out today, was
the most watched show in twenty twenty three for season one,
and she's with us on the show. Luciani, you got
the gig during lockdown here in New Zealand. So we
were in quite a hard lockdown in New Zealand and

(01:07:54):
you did that. I'm assuming over zoom were over the internet.

Speaker 4 (01:07:56):
How did that go?

Speaker 8 (01:07:58):
Oh gosh, it was the craziest thing. Like didn't think
I was going to get it or whatever it was.
You know, I was flatting in Mount Ross School with
two of my high school best friends. I called a
friend over. We broke the rules Storry j Cinda at
the time, and snuck him into my place because he's
such a good person to read my auditions with and

(01:08:20):
I needed a guy to read against. And we sent
it away and just was like, okay, whatever, and then
my manager came back and was like, they really like you.
I'm like, oh, I've heard that before, you know, I
really like you. And then it was callback auditions and
I was like, oh, okay, so now we're doing chemistry reads.
And I actually didn't read with Gabriel. The first round

(01:08:43):
of chemistry reads. I read with a bunch of other
actors and then I got the part, so I was
one of the first people cast. And then they did
another round of Peters, so I had to come back
and read all these scenes and then they said it
on Gabriel and the next minute I'm in Canada shooting
the show. So it all happened really quickly, and I

(01:09:06):
kind of didn't want to celebrate till I was in
Canada because I was like, this is not mine until
it's till i'm there. So yeah, it was crazy.

Speaker 3 (01:09:14):
Well, I'm glad you broke the lockdown rules. Now you're
probably one of the most viewed key we actresses have
ever lived.

Speaker 8 (01:09:22):
Sometimes you've got to risk at all, you know, Ah, rules.

Speaker 3 (01:09:25):
Are made to be broken. Obviously, Season two is coming.
In fact, it's going to be here in New Zealand
today and everyone is very excited to watch this. In
the States at the moment, there's a lot going on
with politics. Donald Trump has been elected. Is this something
you avoid talking about? Big issue for actors and musicians
in the States at the moment. Do you talk about
your politics? Do you risk blowback? What's your policy look?

Speaker 8 (01:09:47):
To be honest, I'm figuring it out as I go, Like,
I think it's kind of impossible to talk about every
single issue, and I think it's also silly to think
that politics doesn't involve yourself because it's in everything we do.
But if something really really speaks to me and I
know that I can use my platform to just share

(01:10:08):
a donation link or you know, and it's totally up
to people to look into it if they want to
or not. But I say, for instance, everything that's happening
with tatility or White Tonguy that really spoke to me
from being so far away from home. So I was like, okay,
I'll share the petition on my page, and if I

(01:10:31):
can help get more signatures out there, I would love to.
But in terms of the stuff in the US, I
think it's a bit more tricky because I'm not a
citizen and I feel like that's something that I can't
really speak to. But of course I keep up to date.

Speaker 3 (01:10:47):
And it's pretty wild. It's very different to the way
we do politics in New Zealand.

Speaker 8 (01:10:51):
You feel so awful, just like watching from far because
you know, you feel kind of removed. But I don't
know as much as it's just concerning I am. I'm
kind of hopeful. At the same time. There's always good
things that come out of bad things, for sure, so
I'm choosing to be hopeful.

Speaker 3 (01:11:11):
Speaking of good things, You're in a new Apple Plus series.
I think you'll already film some of it, at least
Chief of War.

Speaker 4 (01:11:16):
It's got tim word of Morrison, Jason Mama. Can you
tell us about it?

Speaker 8 (01:11:20):
Oh my gosh. I can't really speak too much about
it because it's still in the works, but oh my gosh,
it's an epic, epic project to be a part of.
And you know, I think I didn't actually know I
was going to be a lead on that show as well,
I was very much kept in the quiet of what
my character was. And it was a very surreal moment

(01:11:42):
walking into the office the production office for the first
time and seeing Jason's face, then my face, and then
Cliff's face, and then Tim Morrison says, and I was like,
I'm not ready for this, but I'll do my best.
So I'm excited for the world to be introduced to
that story. It was a part of history that I

(01:12:02):
hadn't known about. But yeah, it's gonna be epic and
I can't say too much.

Speaker 3 (01:12:07):
Lucy Arnie, thank you for telling us what you did
and for letting us know about the new season, Season
two of The Night Agent out on Netflix today. That's
Lucy Arnie Buchanan. She's a key Reactors. She's doing very
well for herself over in the United States. Not that
you will hear her say that. Twenty one minutes after eight.

Speaker 2 (01:12:25):
Ryan Bridge on the Mike Hosking Breakfast with the Range
Rover Villa News togsad B.

Speaker 3 (01:12:31):
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Speaker 4 (01:12:42):
I must have.

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Lester's Oil and ras V Ultimate from about Health have
been dubbed the healthy aging pack. They've been the go
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Speaker 4 (01:13:29):
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Speaker 3 (01:13:31):
Crambridge Rod Little Coming up after the news at eight thirty,
we're going to talk about Keir Starmer. We're going to
talk about Prince Harry Uri. So he got twenty one
million New Zealand dollars in this payout. Well I say that,
but as somebody text in earlier, rightly a lot of
that will go to the lawyers. Love to know what
percentage the lawyers get. I've never been involved in any

(01:13:52):
massive sort of defamation libel case, so I don't know
what you would pay a lawyer, what cut they would
take from something like this, from a settlement of that size,
but I imagine it would be substantial. Hugh Grant, who dropped
his case a while back and settled before it got
to this point, whether they actually in court, his legal
bills were going to be ten million pounds, so twenty

(01:14:14):
one million New Zealand dollars, So you'd have to imagine
that would be a big chunk of change.

Speaker 4 (01:14:18):
Twenty six after eight.

Speaker 1 (01:14:33):
Where the.

Speaker 2 (01:14:50):
Only report you need to start your day, Ryan Bridge
on the my casking breakfast with Bailey's real Estate finding
the buyers others can't use talks.

Speaker 4 (01:15:00):
Twenty three to nine.

Speaker 3 (01:15:01):
Prince Harry has settled with Rupert Murdoch's Sun newspaper over
allegations that they spired and tapped the phones and all
that kind of stuff. Texas here from Colin Ryan. I
hope that Harry Shares has spoils with all the others
who were taking claims in this case are taking a
legal election in this case. Most of them have already settled.

Speaker 4 (01:15:20):
Colin.

Speaker 3 (01:15:20):
I doubt we're going to get much of sharing going
on from Harry and Meghan, but I guess we'll wait
and see. Harry's a lawyer has done the media rounds.

Speaker 7 (01:15:28):
The truth that has now been exposed is that Newsgroup
Newspapers unlawfully engaged more than one hundred private investigators over
at least sixteen years on more than thirty five thousand occasions.

Speaker 1 (01:15:43):
This happened as much at.

Speaker 27 (01:15:45):
The Sun as it did at the News of the World,
with the knowledge of all the editors and executives going
to the very top of the company.

Speaker 15 (01:15:56):
International correspondence with Insigne Eye Insurance Peace of Mind for
New Zealand Business Rod Little.

Speaker 3 (01:16:02):
As a UK correspondent, Rod, I thought Harry said that
he would never settle.

Speaker 22 (01:16:08):
Yes, well he did, and I think that's because it
was a large amount of money and he got the
right to grandstand a little bit to say it was
a substantial amount of money. We're talking about ten million quid,
and also to allow his lawyers to claim the moral
high ground very easily by saying this is basically an

(01:16:28):
admission of guilt. Most of the charges, despite what the
lawyers said, refer to the now defunct News of the
World that was when journalists were actually hacking into people's phones.
The stuff which relates to the Sun is slightly different.
It's that the Sun employed private investigators who some of

(01:16:49):
them may have hacked interphones, but the journalists didn't. It
leaves a newsgroup in the hope that all this will
end that the Sun continues as a viable paper. No,
it's on half times at the moment, and I work
for it, so I know, and that the whole thing
kind of goes away. But I don't think that the

(01:17:10):
hacked top brigade, and I don't think that Prince Harry
much there is disliked in this country. I don't think
they will go away, you know. I think they will
push and push for criminal investigations.

Speaker 3 (01:17:24):
Who would have made the sum public the teen million pounds?
Would that have been Harry's team?

Speaker 22 (01:17:31):
I don't know, I just already yeah, I would have
thought probably Harry's team. Yeah, But I don't know. I
would have thought that they'd agreed to I think the
original agreement was that it was substantial, but who knows
what substantial is, you know, so someone's clearly leaved the
ten million quid my substantial.

Speaker 3 (01:17:53):
I wege you would be a little different to Harry
and Meghan's substantial.

Speaker 22 (01:17:57):
See I think that's probably true. Yes, yes, less than before.
They're doing terribly well.

Speaker 3 (01:18:07):
But no, I was saying earlier, maybe some new furniture
for the Montecito, for the villa on the back of.

Speaker 22 (01:18:15):
That, yes, exactly. Well they've got eighteen laboratories. I would
have thought another nine or ten could be bought with this, so.

Speaker 3 (01:18:25):
They really have eighteen.

Speaker 22 (01:18:28):
Yeah, they had eighteen to eighteen toilets. I mean, imagine
you've got to change the box for us every so often.
You've got you've got to keep them all equipped with Kleenex.
It must be hell having eighteen toilets.

Speaker 4 (01:18:41):
And you only go so many times a day. I mean,
you never get round them. That's the other problem, Rod,
You never.

Speaker 22 (01:18:46):
Get round them, that is the problem. There must be
toilets there which have never never never felt the royal urine,
which the warmth.

Speaker 4 (01:18:58):
Of a royal bottom, the.

Speaker 22 (01:19:00):
Wall from a royal bottom.

Speaker 4 (01:19:01):
Here.

Speaker 3 (01:19:02):
So Ki's Dana, he's promising to change terror laws. There's
some response to the Southport killer. What's he proposing.

Speaker 22 (01:19:09):
He's in big trouble over this. It is absolutely clear.
I mean, just a little bit of the background. A
young lad called Axel Raducabana ran a mock in a
terrible murders at a dance school in South Fork, killed
six year old girls. Three girls killed with a knife,

(01:19:31):
and people suspected a terrorist attack. Starbard denied it at
the time. This was back in the summer of last year,
and there's been a clamp on what we've been able
to say about the case for ages. It's now been
revealed and the guy pleaded guilty that it was a
terrorist attack. He had a sack of rights in in

(01:19:52):
his basement, he had the al Qaeda manual, and he
sheltered ala Uakbar. And it is very difficult for the
Keir Starmer to get away with saying anything other than yes,
I lied in order to keep this all a bit quiet,
because he did. And this investigation will go on and on.
It will not end on those two things, on the

(01:20:14):
Southport killings and on the rape gowns, which I've talked
about before on this program. He has a lot of
questions to answer.

Speaker 3 (01:20:22):
It's made all the worse because of how hard he
went on the protesters too, right.

Speaker 22 (01:20:28):
Yeah, no, exactly exactly. So the people who thought it
was a racist attack and are sick of this racist
got very long prison sentences. Indeed, in some cases, one
woman who simply tweeted something thoroughly unpleasant was sent to
prison for eighteen months, you know, a grandmother. So this

(01:20:49):
is where the term two tear starmer has come from
and why Elon Musk has got himself involved.

Speaker 3 (01:20:55):
Rod, thank you so much for that, Rod Little our
UK colle bond and it has just gone seventeen minutes.
It's away from nine o'clock here on News Talk SEDB.
So yeah, ten million pounds is what Harry's getting out
of today. He said he was in it for the
you know, the fight, in it for the justice and
the good for the people and all that kind of stuff,
and to stop pesky low life guttered journalists from hacking phones.

Speaker 4 (01:21:20):
But then at the end of the day he just
ran with the cash. Seventeen to nine.

Speaker 2 (01:21:25):
The Like Asking Breakfast Full Show podcast on iHeartRadio powered
by News TALKSB.

Speaker 3 (01:21:31):
Fourteen away from nine Canada. We don't like them at
the moment because they are selling their dairy way products
for a cut price and it's undercutting our products on
the global market. So we don't like them at the moment.
They're changing leaders, but we won't like whoever the new
leader is to because the thing will keep happening, the
practice will keep happening. So what we're doing, because we're

(01:21:54):
part of the c PTPP, I have to say that slowly,
which is the free trade deal that includes China and US.

Speaker 4 (01:22:01):
So there are rules. Are you sure you've got enough
peas in there.

Speaker 3 (01:22:05):
Three piece CPTPP?

Speaker 4 (01:22:08):
Yeah, no, I'm sure.

Speaker 3 (01:22:09):
P for protein because that's exactly what they're ripping us
off over, according to our government anyway, and to fon terror.
So they undercutting the global market with their excess protein
from derry and that's affecting the price and therefore affecting
how much money we make off of ours. Right now,
as part of that trade deal, we can do a

(01:22:31):
disputes resolution process and we're going through all of that now.
But what's new is that Todd McLay, Trade Minister, he
has come out and said that he's going to talk
separate to that process. He's going to talk to his
officials and get them to have a chat to incoming
President Trump's people and see if they can't get the
ball rolling there. Same with Albanesi. He's going to talk
to the Australians and their officials and see if there's

(01:22:53):
some other way you can put pressure on Canada to
stop ripping us off because we don't like it. Did
you see the new boat It was on the news
last night, the new boat in Auckland that goes up
on the foils. It's amazing. It goes fifty k's an hour,
twenty five knots. It can fit eight people. It's at

(01:23:14):
the moment a tourist experience. So you pay one hundred
and ninety five dollars. I know it's a lot of money.
It's a forty minute trip and you go around the
White Temata. It's called the Kerma Deck is the name
of the boat. You get up on your hydrofoils, eight
passengers in there, glide above the water. You get a
premium beverage and a snack while you're on board.

Speaker 4 (01:23:35):
Premium beverage. More details on the that's the only thing
you care about. The thing is that I wasn't really
that interested until you at.

Speaker 3 (01:23:44):
Least I guess with the beverage, it wouldn't spell with
it unlike a conventional boat because you're up high. You know,
you're above the waves, so presumably there'd be less turbulence.

Speaker 4 (01:23:54):
Not so good for the people who suffer from vertigo though, No,
that's true. Anyway.

Speaker 3 (01:23:58):
I had a look at the terms and conditions because
I thought it actually sort of interests me. I'm interested
in the technology and it would be a cool thing
to do. Aside from the one hundred and ninety five dollars,
there's a weight limit because you can only get so
many people up on foils, so the weight limit is
eighty five killers. Now I weighed myself yesterday and I
came in at one hundred and one kilograms. Does that

(01:24:21):
mean you have to buy two tickets? It would because
there's an average weight. So what you do You either
have lots of skinny people and me, and then it's fine,
you hire the whole thing because you can charter it.
You hire the whole thing, but imagine the cost of
that or you paid for two Yeah.

Speaker 4 (01:24:44):
Really cool thing about that, And unfortunately the listeners can't
see it. But every time you say the word hydrofoil
you do this arm gesture, do I yeap, And it's
the most elegant looking arm gesture. You're at your hydrofoil
arm gesture. You sort of stick your hand up in
the air and then it sort of comes down like

(01:25:04):
a swan the hand nothing really, Yeah, I didn't notice. Yeah,
and I was right there. I was right there on
the boat. So I don't even need to pay one
hundred and ninety five, which is just as well because
I'm also over the limit. And yeah, I can just
imagine it now because of your your hand impersonation of
a hydrofail.

Speaker 3 (01:25:20):
Do you know what wouldn't look elegant is me getting
on the hydrofoil boat. In fact, both of us Glenn
getting on the hydrofail boat at the same time.

Speaker 4 (01:25:29):
Sight Away ten to nine.

Speaker 2 (01:25:31):
Ryan Bridge on the Mike Husking Breakfast with Bailey's Real
Estate News Dogs.

Speaker 3 (01:25:36):
There'd be seven to nine. The new Samsung phone released
in just a second. But the hydrofoil boat that we've
been talking about in the White Matar Harbor. Lots of
people are texting and saying, actually, the Australians have been
doing hydrofaul since the nineteen seventies, nineteen eighties.

Speaker 4 (01:25:51):
Yeah, but no electric one, surely no.

Speaker 3 (01:25:53):
But the idea of hydrofoil is that not a newish concept?

Speaker 4 (01:26:00):
Really? Yeah? So what's so good and what's so impressive
about the sale GP That's exactly the same question that
I ask every time somebody brings it up, in fact,
sailing in general, in.

Speaker 3 (01:26:13):
Typical Kiwi fashion, The Texter says, the Aussies did it
better and earlier. The circular Key to Manly Fairy route
was served by a hydrofoil in the nineteen seventies. In
the eighties, interesting, says Neil re the hydrofoil vessel. We
had a really good one here in the sixties, the
Manu why I think it was named Italian Belt, seated
many fast and smooth union trouble left sitting on the

(01:26:34):
hard never to be on the harbor, never to be
used again. I traveled on it when I was operating.
It was impressive, fascinating stuff. Well, now you have to
pay two hundred bit. You didn't pay two hundred dollars
back in the day. Well that's what you have to
pay now to go on this new one.

Speaker 4 (01:26:47):
And you didn't have premium beverages back then, neither.

Speaker 3 (01:26:49):
No, you didn't, and you probably there would have been
no one as fat as us were. No one was
obese back from the sixties? Were they six to nine?

Speaker 1 (01:26:58):
Trending? Now? Qui he sware nolse stop playing too much well?

Speaker 3 (01:27:04):
The prize for first major tech launch of the year
goes to Samsung with its Galaxy S twenty five series,
out this morning at the Unpacked event. This is in
San Jose in the United States. As usual, we're getting
three hands sits, the S twenty five, the S twenty
five plus and the big boy, big daddy S twenty
five Ultra.

Speaker 4 (01:27:22):
Now what does the old to do? Well, it looks
a bit different this year.

Speaker 3 (01:27:25):
Still a massive six point nine inch display, still has
the S penn stylus tucked away inside it, but now
instead of sharp corners, they've rounded them off. This is
quite trendy in home decor at the moment, but apparently
also on phones. But what about the AI part of it?
I hear you asking.

Speaker 23 (01:27:44):
We are setting the stendo for mobile AA innovation once again,
and with the thumsong Galaxy S twenty five, we are
making it a real ky right here, right now. Seven
our most personalized interface. We defise well by interaction because

(01:28:08):
we inter epid AA agents deep at the system.

Speaker 4 (01:28:13):
Leven, I'm a confused. Was that AI? Was that a
real was? That's tm Row, He's the president of Mobile Experience.

Speaker 3 (01:28:22):
I was starting, I think, have they got AI to
do the presentation?

Speaker 4 (01:28:26):
He's actually got a lot better I have you know? Yes?

Speaker 15 (01:28:31):
All right?

Speaker 3 (01:28:31):
So AI agents is what they're mentioning that. This is
Samsung trying to make AI less artificial.

Speaker 4 (01:28:37):
Apparently.

Speaker 3 (01:28:38):
For example, if you're watching a video of a chef
cooking something right, you can pause it. Then you can
ask your phone if there's a restaurant nearby that serves
the same dish. Galaxy AI can use Google Maps to
provide a list of restaurants, and even create and send
dinner invitations.

Speaker 4 (01:28:53):
To people in your contacts list.

Speaker 3 (01:28:55):
The launch really was more about AI than the phones themselves,
which is basically a sign of the times. The base
model Galaxy IS twenty five is available for pre order.
Guess how much it costs fifteen hundred and ninety nine
New Zealand dollars right up to the one terrorbyte S
twenty five Ultra. That's your big daddy with a terrabyte
two eight hundred ninety nine dollars.

Speaker 4 (01:29:14):
I won't be spending that money.

Speaker 3 (01:29:17):
If you can ask AI, how can I get two
eight hundred dollars for a phone?

Speaker 4 (01:29:22):
Please? Or what constitutes a premium beverage on an electricographe.

Speaker 3 (01:29:27):
You've got to let this sco Glenn, all right. Premium
beverages are why we can't get on the boat. Thanks
for listening, everyone, See you tomorrow.

Speaker 5 (01:29:38):
Swelling Money.

Speaker 2 (01:29:43):
For more from the Mic Asking Breakfast, listen live to
news talks it'd be from six am weekdays, or follow
the podcast on iHeartRadio

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