Episode Transcript
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Speaker 1 (00:00):
New Zealand's home for trusted news and views, The Mike
Hosking Breakfast with the land Rover Discovery never stopped discovering news,
Tom's dead by.
Speaker 2 (00:10):
Good news on rents, good news on tourism, and even
though you might have laughed at that Everybody Must Go campaign,
it's actually worked. Ed Sheeran is in for a catch
up after right, Joe McKenna is in Italy, and Rod
Liddle's in the middle of Abril British summer pasking Welcome
to the Day. Michael Riddell, who appears on the show Fairbit,
(00:31):
has put the adrenal resignation back in the news. Now
he has a source he claims close to the action
that in simple terms suggests that what really happened was
that all pact said at a couple of meetings, one
of which was Worth Nikola Willis, the chair of the
RB Neil Quigley wrote to war with a list of
concerns over that behavior and therefore or quit. The underlying
issue appears to be the fact the government were determined
to cut the Reserve Bank's budget, which ultimately, of course,
(00:53):
they were successful in doing. Why Because, like everything else
under the labor government, too much money was spent, things
blew out, and the Reserve Bank had wandered off into
new and expensive areas that didn't need to be in
the main point being essentially what we thought happened. Did
Adrian or has a short use a fairly elevated sense
of entitlement and importance and didn't like what was unfolding,
which is fine. Didn't have to like it, and if
(01:14):
he disliked it so much, he could have walked, which
he did. But here is where this is important. He
held a critical role in all our lives. People in
jobs like that need to be exemplary, exemplary and execution
exemplary in person. He wasn't. He was a failure, which
then takes us back to how he got the job. Grant.
Not only did Robertson appoint or he reappointed him. Bad
(01:37):
people make bad decisions, and those bad decisions go on
to have consequences. By way of contrast, what do you reckon?
The pressure on Jerome poll is right now? Eh? Is
Powell yelling and packing as sad as Powell going to
quit in a massive Hessy fit and banish from the
face of the earth without a word. I got a
dollar with anyone who wants it that The answer to
that is no. Maybe your doesn't give a monkeys. Maybe
(01:58):
your is that sort of bloke so inflated and mesmerized
by himself he's well passed any reputational reflection, maybe grants too.
But the damage still sits in our bank accounts and
rates bills, an economic funk to this day. The bloke
who stuffed the joint packed us sad stormed out, never
to be heard from again. It is a sad indictment
on a role and influence that should have been handled
(02:19):
a great deal more elegantly and with a mile more professionalism.
Speaker 3 (02:25):
Views of the world in ninety seconds, TI.
Speaker 2 (02:27):
Let's begin in the court rooms of America. The sentencing
hearing in the Coburger case has been going on overnight.
Speaker 4 (02:32):
And when I met the.
Speaker 5 (02:33):
Name on one call, I couldn't even get out the words,
and from then on I don't remember a thing.
Speaker 4 (02:40):
It was like my brain wiped about whole memory.
Speaker 6 (02:45):
That was the worst of my life.
Speaker 2 (02:48):
He's got four life sentences. As regards the Epstein Maxwell move,
there is doubt that any of it's actually going to happen.
Speaker 7 (02:55):
Breaking that covenant has to be better than there's a
lot of conspiracy thereus who want to hear more about
a sex scandal.
Speaker 2 (03:04):
Then of the UK where we've got a shooting in Ireland.
Speaker 8 (03:07):
Despite best medical efforts, two people were pronounce start of
the scene. Sadly, I can confirm that the third person
pause this afternoon, passed away in hospital. The fourth person
who has taken to hospital remains in condition described as
serious and growing.
Speaker 2 (03:22):
Angster and migrants also Britain migrant hotels protests police treatment.
Speaker 9 (03:26):
The only protection that obviicerly are doing is to those
lawful and law of violent people, whether they're in that accommodation,
whether they're the people of Epping, or whether they are
people who are standing there as I've seen, and you've
seen the footage standing there, you know, with platcards and banners,
wishing to make it very important and legitimate view.
Speaker 2 (03:42):
As far as the Middle East goes well, the GAID
agencies continue to make their pleas.
Speaker 3 (03:45):
This is the atrocity of our generation.
Speaker 5 (03:48):
This is what history will remember that while food and
medicine sat in trucks miles away in warehouses, the world
chose politics over people and human beings, and that children
were serving while leaders did.
Speaker 2 (04:00):
The Americans continue to hold their line.
Speaker 10 (04:02):
Word that's being missed quite often is the word Hamas.
There is one group that could end this immediately, and
that is Hamas by laying down their weapons and by
releasing all the hostages.
Speaker 2 (04:15):
Finally, Passport News and other ranking is out. We do
okay with fifth equal. In fact, this is the latest
quarterly Henley Index. We're as good as Switzerland and Greece,
or they're as good as us, whatever the case may be,
but not as good as Japan and South Korea. Who
was second equal? Spain, dear Mark, Finland, France, Germany, Ireland,
Italy are third. So whose number one? Yes, ladies and gentlemen.
Once again, Singapore is as good as it gets. So
(04:37):
that is news of the world and happy travels. In
ninety Speaking of Singapore, they got an inflation read four
year lowser. Things are well and truly under control on
that particular part of the world. They're forecasting now, where
is that growth four point one and four point three
percent over the year for the first and second quarter.
So they're going okay. And by the way, the fee
to America doesn't apply to us. So Trump did the
travel fee into America doesn't apply to US because of
(05:00):
the BESA situation, But the European Commission overnight has suggested
they're going to increase their entry fees for visa exempt
travelers from fourteen to forty dollars. In other words, it's
going to triple, so it's getting more expensive to travel.
Speaker 1 (05:13):
Twelve past six, The Mike Asking Breakfast Full Show podcast
on iHeartRadio powered by News Talks EB.
Speaker 2 (05:23):
Tell you what got really interesting in Japan last night
afternoon their time, multiple reports that Ashiba or Ishiba as
they call them, was going to quit next month as
a result of the elections, which were a disaster. Earlier
on the day, they were suggesting he was desperate to
get that deal through with Japan and the US and
that would be some sort of fillip for them. But
he's denied that he's quitting, So I don't know where
(05:45):
we're at. Fifteen past six. It's speaking which from different
funds management. Greg Morning Morning, Mike. Good to be a
carmaker in Japan. That'll be a sigh of relief, won't it?
Speaker 7 (05:54):
Absolutely great news, isn't that?
Speaker 3 (05:56):
So?
Speaker 7 (05:56):
Yeah, we've got to deal with the day Americas. For
Flarge's trading Plartner. I mean it was a bit wrong,
it wasn't it. They one of the first to start
talks back in April, but you know, they dragged on
and it's put the Woods four flower. Just economy dicing
with recession, and obviously the car makers have been under
the pump, and that's been a real bone of contention
for Trump, that the flows of cars are one way,
and that Japan's running a trade service of nearly seventy
(06:18):
billion year, so he's held the greatest deal on history.
Speaker 2 (06:21):
Obviously, reciprocal tariffs.
Speaker 7 (06:24):
They're going from twenty five percent threatening down to fifteen percent,
still above the baseline ten percent, but yeah, it's crucially
about that auto sector. That's more than a quarter of
US imports, so that terror freight has gone down to
fifteen percent from twenty seven and a half percent. So yeah,
Japanese car companies have been slashing the US sales. There's
been billions in profit downgrades. I've been scrambling to get
(06:45):
production to the US. So yeah, they can breathe a
huge sigh of relief. So Toyota shears are up fourteen percent,
Mesda eighteen percent, Subaru up seventeen percent, hundred eleven percent.
Japan she making embrace the news, of course, that soared
more than three and a half percent over fourteen hundred
points to forty one thousand. Japan's top trade negotiators said
(07:08):
it was mission accomplished. So what are they doing in return?
Trump reckons They're going to open themselves up to imports
of American cars, trucks, rice.
Speaker 2 (07:17):
Big symbolic.
Speaker 7 (07:18):
I'm not sure whether we're going to be seeing lots
of American rice on Japanese dinner tables, but hey, hoi,
But yeah, they have a big point. MICA's that they're
investing five hundred and fifty billion dollars into the US,
things like semiconductors and pharmaceuticals E recons and also PEPs
invest in a pipeline Alaska. Just by the way, Japan
is already the largest foreign investor in the US and
(07:40):
over two trillion. So here's this all about just paying
a bit more to gain favor preps. They're still tariffs
of fifty percent on stealing aluminium, but yet great news
for the country. Also the battle PM he reckons rumors
of his demiser greatly exaggerated by looks of things. But
we've also got other deals in with Philippines and Indonesia
around nineteen percent rates. And the big question is how
(08:01):
China plays out. Besons meeting is counterpart from Beijing next week,
and Trump reckons a deal with Europe is coming any
day now.
Speaker 2 (08:08):
So let's see see what's interesting about what happened with Japan.
Is as excited as the carmakers may be. You look
at Stilantis the other day. The hit for them is massive,
and then you get to of course General Motors GM. Yeah,
that's right.
Speaker 7 (08:22):
So the used carmakers have actually been a bit grumpy
in a way about this deal because they're saying, well,
you know, they're cutting the raid on Japan, but they're
still paying twenty five percent for their supplies through Canada
and Mexico. So in any event, General Motors she is
actually up eight percent on the news. So yeah, so
why is that. Well, they've had the results this week.
They actually flagged a one point one billion tear hit,
(08:45):
but nearly half of that relates to South Korea, and
I suppose is optimism now that we're going to see
a trade deal there as well. He actually saw that
in South Korean market as well. Hindai rallied over seven
percent on hopes for a similar deal. But yes, Zings
stand are certainly being hit by the ten Graffs. Gen
revenues down one point eight percent forty seven point one
billion US dollars that was eight hundred million more than expected.
(09:07):
Sales in the US were up seven percent. They also
swung back to a small profit in China. But yeah,
they've had flagged a tariff impact for this year four
to five billion dollars, so margins today and what at
the doing to try and counter that they reckon They
can actually mitigate around about thirty percent of that, so
investing four billion, and several American plants were moving increasing
(09:27):
production from of two Mexican produced vehicles. Are also looking
at increasing prices. Just by the Bible talked about EV's yesterday.
They had previously committed to exclusively offen EV's by twenty
thirty five. Then they sort of have gone back on that
a bit. And that's going to say consumer demands going
to dictate things. But she surged on the idea that
this trade not I suppose ruckers will all blow over than.
Speaker 2 (09:50):
Expected, right, give us the numbers.
Speaker 7 (09:53):
Sure, So we have got the US markets loving this
trade news. So the Dow is up one percent forty
four nine to fifty, that's a record. S and P
five hundred up point six percent sixty three four seven
that is a record at NASDAK upper half percent twenty
nine eighty six, that is also a record. So loving
that footy one hundred actually also hitting a record up
point four percent nine zero six one. We've got Chinese
(10:17):
markets so were flat cs I three hundred. We've got
the nicke up three point five percent forty four one
seven one A SX two hundred point seven percent eight
seven three seven, n ZX fifty down point three percent
twelve seven nine four th fishing pike one in for
too lower goal down thirty eight dollars three thousand, three
hundred ninety three ounce oil down nine cents sixty.
Speaker 2 (10:37):
Five spot twenty two a barrel.
Speaker 7 (10:39):
In the currency markets, the key we is up point
six percent against ustollar sixty point four ninety one point
six against the Australian dollar, it's slightly high. Against the pound,
we're up point three percent forty four point five. And
Japanese yen, which obviously is getting a lot of attention,
we're up half percent eighty eight point four see tomorrow.
Speaker 2 (10:56):
Gregg Smith, Devon Funds Management speaking people wanting money into America.
Astra Zeneca has announced fifty billion into the US. They're
the latest farmer group to Anglo Swedish. But they'll put
fifty billion in by twenty thirty, they say. And after
the bell, which is eight o'clock this morning, our time,
somebody called Elon Musk and Tesla are going to report,
and it's widely expected that a second straight quarter of
(11:19):
declining revenue there she is a down seventeen percent. No
one likes an eed at the moment, they like it,
Tesler even less. Six twenty one Here at News Talks.
Speaker 11 (11:27):
EDB.
Speaker 1 (11:31):
The mic Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks, ed B.
Speaker 2 (11:38):
I knew you'd be big on this, Mike. The Willis
Fonterra debarcle is an embarrassments. Why National is where it
stands in the polls for eighteen months. They've had a
great opportunity to smash it and didn't support. Is there
for a party that shows courage and strength and its
decisions water wasted opportunity. Good morning, Mike. I'm very disappointed
with Willis going through with the butter issue. The NATS
are acting like desperate fools. Clarity and common senses what
(12:00):
we want? Thank you, Ron, how about stuff? You for
subjecting the local market to global prices. Why are we
paying the price for an overseas demand. There's a very
obvious answer to that. But breaking news this morning. Ian Proudfoot,
who we should actually get on the program probably tomorrow
from KBMG, has an idea. I think it's controversial. I
(12:20):
think it's never going to see the light of day.
He would argue otherwise, but I'll detail that for you shortly. Mike,
unclear where you're going with this fixation on the Finance
minister's comment about butter, which is after all only one
of a discretionary dietary component. There is surprisingly a great
deal more to a ministerial portfolio. Don You're missing the
point completely. One Butt is critical because it's farming. Two,
(12:43):
it's the finance minister who should understand how the economy works.
And not only is she the Finance minister and should
understand how the economy works, she's a finance minister who
worked at Fontira. Mike, you're giving too much credit to
the New Zealand public who most people don't even realize
that ninety nine percent of New Zealand's beef is grasped
more Light of six twenty.
Speaker 1 (13:03):
Five trending now with chemist Well's keeping Kiwi's healthy all
year round.
Speaker 2 (13:09):
He's a finish fact. Comedy films and theaters have become
a bit of an issue these days. Not a lot
of comedies actually get to theaters. They go straight to filming,
to streaming. Happy Gilmore see for example, that turns up
on Netflix tomorrow. Number of comedies released to theater has
been going backwards since two thousand and seven. Ten percent
of market chere last year. So far this year it's
one point sixty six. So anyway, Liam Neeson Naked Gun
(13:31):
reboot heading to theaters. So he's put out a message saying, please, please,
please go to the theater. Seth Rogan, he says me too.
He's got a new movie out. It's called Good Fortune.
It's about an angel helping two people switch light.
Speaker 12 (13:43):
My mem is Guebriel. I'm an angel. I'm here to
see you. What I know all about you? I know
you lost your job, I know you're living in your car.
Speaker 13 (13:54):
Why did everything I was supposed to do and nothing's
working out.
Speaker 3 (13:57):
My life is just in the service of people like Orange.
I'm Jeff a pleasure the people actually get to live.
Speaker 12 (14:04):
Maybe I can show you that that life is not
all it's cracked.
Speaker 2 (14:08):
Up to me.
Speaker 3 (14:09):
Now look at you, Jeff's life, It's now your life.
Speaker 14 (14:13):
Ye Is there any update on the waywork?
Speaker 15 (14:15):
For Cairo?
Speaker 12 (14:15):
For Alex he has.
Speaker 3 (14:17):
Your life, Gabriel, Why did you do this?
Speaker 12 (14:22):
I tried to show him that wealth wouldn't solve all
his problems, and it seems to have solved most of
his problems.
Speaker 2 (14:30):
See you listen to that, you think, oh, it could
be fun. But why do you need to go to
the theater to watch that? Why do you need to
sit next to some person who choose and probably dribbles
and talks and the phone goes. Why would you subject
yourself to that experience when you can do the same
thing at time Seth Rogan Keanu reeves theaters are October seventeen.
(14:53):
We've got to report out on this is going to
be a thing, this homelessness thing, because as you tighten
up on emergency housing, ask well, where do the people go?
And the answer might be well, to a street, into
a car, talk to the minister of Housing about this.
Speaker 1 (15:06):
Shortly, setting the agenda and talking the big issues. The
mic Husking breakfast with Bailey's real estate altogether better across residential,
commercial and rural.
Speaker 3 (15:18):
News dogs head been.
Speaker 2 (15:19):
Jo McKennis and Italy. She's in port A Fino for
us this morning. She's just been in a fight in
a restaurant, so hopefully she sorted that out before she
gets to wear in a couple of moments. Meantime, back here,
we've got the much anticipated Homelessness in Sites report, nearly
five thousand living rough across the country, which is a
thirty seven percent jump between twenty eighteen and twenty twenty three.
Auckland's up ninety percent, Taranaki's up two hundred and fifty,
(15:40):
although we'll question that in the moment. Chris Bishop's the
Housing Minister. Good morning, busy whe us or not? So
the two hundred and fifty Chris, I mean we've got
to be careful about a place like Taranaki. I mean
that could be twelve to thirty two people, couldn't it
without you.
Speaker 16 (15:53):
Know, it could be The numbers bounce around from region
to region, and obviously we're deading with rough so the
count is never going to be accurate, so that the
homelessess Insights report we released yesterday is based on observational
data from groups like the Orkan City Mission, Wellington Downtown
Community Ministry and others. But it's clear that we have
a problem. But this is a long running problem. You know,
(16:14):
New Zealand has had a problem with homelessness for ten
to fifteen years. The numbers increased from twenty thirteen to eighteen,
they increased from twenty eighteen to twenty three and observationally
they're up again in the last couple of years.
Speaker 2 (16:27):
What is your observation around that clarity do you have
do you can you say anything definitive with these numbers
or it's just a vibe.
Speaker 17 (16:37):
Well, we know that we have a problem with rough sleeping.
Speaker 16 (16:40):
The government spends about half a billion dollars a year
on support for people in these situations. That ranges from
emergency housing through to transitional We've got a product called
Housing First which puts people into a home and then
wraps housing support around them and make sure they can
actually stay in the house. We've been running that since
twenty seventeen. That was launched under the English government, continued
(17:01):
under the last government. That program exists today and is
doing good, good, good work in places like Hamilton and Auckland,
for example. But you're dealing with people with often quite
complex challenges, right. Sometimes they've got mental health challenges, Sometimes
they've got addiction challenges. Sometimes they've got trauma in their past,
family violence sometimes as well. So it's important you know
(17:22):
there's one there's no one definition of who becomes homeless
and how there's a range of circumstances. And the question
ready for government is are we making sure that the
support is as effective as possible? And to be honest,
it's not at the moment, which is why we've got
the numbers that we have. So that's why we're taking
a really good lot and saying, rodeo, no one wants
to live in a country in which people sleep rough
(17:43):
on the streets.
Speaker 17 (17:44):
How do we get the system responding to that need better?
Speaker 2 (17:47):
Okay, So having said that, how much of its choice?
I watched Mitchell and Tapsle wanted down the streets Roderu
the other day, and they seem to suggest that many
people actually choose this lifestyle. Is that fair or not?
Speaker 16 (17:58):
Well, if you go to MS and walk in and
say I don't have a place to sleep.
Speaker 17 (18:03):
I'm sleeping under a bridge. I need help. You will
get help.
Speaker 16 (18:07):
There is any number of different things that MSD will do.
They will you potentially end up in emergency housing. You
may potentially be offered a place in a transitional house
with a provider, which is another form of sort of
temporar accommodation. You may be offered a housing first place.
They may work with you to try and work out
exactly why you're living under the bridge, for example. But
(18:28):
you're dealing with again, you're dealing with people who are
a bit distrustful often of the government and of state apparatus,
so getting them to do that is sometimes a challenge.
Speaker 2 (18:37):
Jim, But how much of that? How much is this
about politics? Because at the end of the day, they're
going to the opposition, any opposition is going to milk
this and they're going to go you went hard on
emergency housing, you went hard on you state housing, and
look what happens, people end up in cars. This is
on you.
Speaker 16 (18:52):
Well, the opposition demanded we release this report, which we're
always going to do and we've now done, and they
claimed it would show that because we've tightened up on
emergency housing that has led to a rise in homelessness.
That's not what the report shows. By the way, hasn't
stopped them claiming that that's the case. But the report
actually says that it's not possible to work out policy
changes and link that to in a reported rise and
(19:14):
rough sleeping on the streets.
Speaker 17 (19:16):
The report doesn't actually say anything that.
Speaker 16 (19:17):
They think it shows, and I encourage them to actually
read the report. As I say, this is a long
running issue for New Zealand, and look, if emergency housing
was the answer, might I put it to you like this,
Between twenty eighteen and twenty twenty three, as a government,
we spent one point four billion dollars housing people and
motels one point four billion. We pumped billions and billions
(19:39):
and billions of dollars into COMA and other programs, and
homelessness increased.
Speaker 17 (19:44):
So it's not the answer. Money is not necessarily the answer.
Speaker 2 (19:48):
I don't want to make this too political, but I'm
watching question Time yesterday and I don't know that Ginny
gave you so many free hits by the end of it.
Do they not think? Do they not think? Think of
what they're asking and what you're potentially going to say
by way of an answer.
Speaker 17 (20:04):
Ah, I don't know, but I got to say I did.
I did quite enjoy it.
Speaker 16 (20:07):
I mean the sort of delicious bit of it all
is that, you know, a week ago they were going
on about, however, living their jobs and construction. It's not true,
by the way, but they're complaining about it. And then
this way they're asking me, you know, there's not enough
workers to meet the construction pipeline. It's like you can't
have it both ways, no work it out, other people
losing their jobs that there are enough workers. I mean,
it's nuts, and we've got all these projects under why
it's going to be good over the next six months.
(20:28):
You know, I've got a lot of sod turnings. I
have a lot of projects around the country and get
people in work exactly.
Speaker 2 (20:32):
But I appreciate time as always. Chris Boshop, Housing Minister
with us this morning, if you can be bothered. This
is what fascinates me about question time is I don't
know what drives the opposition in their thinking, but the
idea of question time is to elicit a piece of
information that, in really superficial terms, will allow you to
look good or score you some political points and all
(20:53):
Ginny did, And there were three or four of these questions,
just question after question after question, and Bishop just stood
up and from laughing like you just did, just embarrassed.
It was the weirdest thing. Eighteen to two, The.
Speaker 1 (21:07):
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visit your local Landrover dealer today, pasking Mike. Most major
oil producing countries don't sell petroleum domestically at full global prices.
(22:18):
This is back to butter. Many subsidized fuel to keep
their local prices lower, especially in countries where oil revenues
are a major part of the economy. Now you are
indeed correct, and then you cite Saudi Arabia, Iran and Venezuela,
and in that your argument falls apart. And if you
don't understand that more in a moment fourteen.
Speaker 1 (22:35):
To two International correspondence with ends and eye insurance Feace
of mind for New Zealand business in Portofino.
Speaker 2 (22:42):
Joe McKenna, very good morning to you.
Speaker 18 (22:44):
Well, I'd like to think it's a good morning, but
I'm not feeling very happy about.
Speaker 2 (22:47):
This money and I wouldn't like to deal you. I
wouldn't like to face you on the bad side. So
how much was the pastor and the pellegrino?
Speaker 18 (22:54):
I just run up for a pasta and a large
bottle of some pellogrino, and they charged me about ninety
New Zealand dollars.
Speaker 2 (23:04):
Tell you what. See the interesting thing about pellegrino. I
drink pellegrino, and I defend the drinking of palegrino, and
a lot of people in Italy tell me it's shocking,
its low rent, it's disgusting, and nobody thinks well of it.
Is that true or not? Well?
Speaker 18 (23:17):
I quite like the taste of it, but it was
really the only thing they offered me. I didn't have
a lot of choices on the menu, exactly. I got
a big surprise with the bill because they gave me
a cover charge and a service charge, and I think
that is illegal, and I have fights about that all
over Italy.
Speaker 2 (23:33):
Did you have a word with them, Joe?
Speaker 18 (23:35):
I might have had one or two words, and he
told me I was being offensive.
Speaker 2 (23:39):
Oh okay, speaking of your sort the tourism. I mean,
this is how this has all come about, isn't it.
There are so many people going to places like Italy
in July and August. They can do whatever they want.
Speaker 18 (23:50):
Yeah, exactly. We had three cruise ships come to well,
you know, divulge their passengers here in Portafno yesterday. So
the tiny alleys and the air around the beautiful Pausche,
which some of your listeners might have seen, was absolutely
chocolate block and it's not very pleasant at all, especially.
Speaker 6 (24:08):
With the heat.
Speaker 2 (24:09):
Yeah, exactly, is the place flooded? Does it look flooded
at the moment with people?
Speaker 18 (24:14):
They go out in the evening, everyone goes back to
their boats or back to their apartments and back to
their cruise ships. So it's quite nice in the evening
and first thing in the morning before the crowds come in.
Speaker 2 (24:25):
What do you reckon? I saw a very good documentary
on this. It was the Eugene Levy one on Apple
and he went to somewhere in Italy I think it
was Venice, and they were complaining that the cruise ships,
I mean, they turn up, but because they're fed on
the ships, they don't actually spend a lot of money locally.
Speaker 18 (24:42):
Is that your observations, Yeah, that was pretty much my impression. Yesterday.
They were floating around grabbing Instagram pictures and then getting
back on the boat or grabbing a piece of pizza
or maybe a gelato.
Speaker 2 (24:56):
Now to the war, of course, we're all exercised about
the war, and the popes increased political about this, isn't he.
Speaker 18 (25:03):
Yeah, I mean, I think everyone got a shock last
week a few days ago, when the only Catholic pattern
in Gaza was struck and people were killed there, the
priest there was injured, and we saw Pope Leo really
rise to the occasion. He's been advocating for peace, but
he's become much more strident, I think since that attack,
(25:25):
and he's been in touch with the Palestinian President Makhmudabas.
He's been speaking to the Prime Minister Benjamin Mattiehu from Israel,
who expressed his regret over that strike. But it's interesting
to see him step up, and also Prime Minister Georgia
Moloney condemned the humanitarian situation in Gaza. She's becoming a
(25:48):
little bit more outspokes well about what's going on there.
Speaker 2 (25:50):
I think we're seeing that internationally at the moment, between
the Pope's advocacy there and of course his comments around
Ukraine and you know, you can have my house to
come and have a chatnel So to see an activist pope.
Speaker 18 (26:02):
I don't think i'd describe him as an activist pope.
I was talking to a couple of people the other
day who knew him before he was pope and had
dinner with him, and they said he's very reserved. He's
very careful about what he says. I think he will
be doing it quietly and slowly and with his characteristic reserve.
Speaker 6 (26:20):
But it'll be interesting to.
Speaker 18 (26:21):
See what sort of role he plays internationally in the future.
Speaker 2 (26:24):
Joe always a pleasure and enjoy port of fine. I
will see next Thursday. Joe McKenna and Italy this morning,
speaking of it, I saw a review and I told
you this yesterday. I I'm a weird person who watches
reviews of things like hotels. Woman's at the Rosewood Hotel,
which is a very very nice hotel in London, and
she orders a pie, and to be fair to the Rosewood,
it's a beautifully handcrafted beef pie for lunch. That pie's
(26:47):
thirty six pounds, so it's seventy five seventy seven dollars
for a small pie. And that's all there is on
the plate. There is nothing else on the place, just
to pie. So she thinks, all given there's only a pie,
I might order the greens. So she orders the greens
and they're eight pounds or in other words, in our money,
eighteen nineteen dollars. So we're up at about what we're
up at one hundred bucks for lunch for pie and greens.
(27:07):
What were the greens? It was cabbage. There was a
couple of pieces of cabbage for one hundred dollars for lunch,
and I refuse to pay it.
Speaker 14 (27:15):
Is it cabbage green?
Speaker 17 (27:17):
Well?
Speaker 2 (27:17):
What look green? Cabbage is green. It's got a green tip.
But you know what I'm saying, one hundred dollars just
because they can nine away from seven.
Speaker 1 (27:25):
The Mike Hosking Breakfast's with the Landrover Discovery News Togsdad be.
Speaker 2 (27:30):
Mike Yesterday and Cambridge, two regular coffees, two bowls of
soup sixty three sixty I'd go if you made me guess,
I'd go soup eighteen. It became with a bit of
breed eighteen nineteen. So what he said thirty six thirty
eight something like that. Coffee's at five forty six cy.
That's expensive. But just back to the oil comparison that
we got Saudi Arabia Iran Venezuela. So Saudi Arabia riches
(27:52):
all hell they can afford to do it, We can't Iran.
You honestly want to be like Irandi. It's not really
a good example, mate in Venezuela has with Venezuela. When
you start subsidizing stuff, don't make me laugh. There's a
reason we do what we do five minutes away from seven.
Speaker 3 (28:08):
All the inns and the ouse. It's the fizz with
business fiber. Take your business productivity to the next I mean, it's.
Speaker 2 (28:15):
Want to be nice for everything was free. Why don't
we just make everything free? Everything we just said, let's say,
oh that's a bit expensive and get someone to subsidize it.
Why wouldn't you. US housing market June sales are down
two point seven from May three point nine. Three million
homes were sold. Analyst suddenly expected to drop of zero
point seven. So there's a big difference between zero point
seven and two point seven. The mortgage rates are too high,
so Trump's right. Jerome's gotta gave the average mortgage rate
(28:38):
if it were to drop to six percent, about one
hundred and sixty thousand more first home buyers would be
able to get into the market price wise. Average price
of a home sold in June was seven hundred and
twenty two grand, which is a record high twenty fourth
consecutive month of annual increases. Huge disparity, of course, in
America between the price of a house. You go to
North Dacada and see what you pay for a house
(28:59):
years certainly won't be paying the so many you're paying
out on the Upper East Side of New York. First
time buyers represented thirty percent of sales. Now that's higher
than here twenty seven we think is pretty good, which
is our standard ish number, but thirty percent in America
so historically though it's forty percent. So that's a huge
number of the first time buyers. So that would make
it seemingly affordable. But once again, the disparity in a
(29:22):
place like America has to be seen to be believed. Now,
I do have, speaking of housing, some reasonable news for you.
Yet again, the rental price in this country has gone
down now for the first time in years. In years,
the national average price of rent has gone backwards. So
that's encouraging if you're a rent part of it's the
investors are back, so that's the movement in the housing market,
(29:42):
which is equally good news. Up the thought. And then
we come to the tourism campaign. Everybody must go don't
laugh anymore because it worked, and we'll have the numbers
around that for you in a couple of moments as well.
An end of all.
Speaker 19 (29:54):
Sharan's back for this after eight I Love You bet Enough.
Speaker 1 (30:00):
The Breakfast Show, Kiwi's Trust to Stay in the Know,
the MIC hosting Breakfast with Vida, Retirement Communities, Life Your
Way News.
Speaker 2 (30:09):
Togs dB welling seven past seven. So the rental market
continues to trend towards the rent and new numbers out
this morning shows the national median rental fell as zero
point three percent. This is three months to May. That's
the first national drop since two thousand and nine. Mike Atkinson,
Managing director of Aspire Property Management, is back well this Mike,
morning to you, Good morning. Has this got something to
do with the population fewer migrants coming to the country,
(30:30):
therefore it's the classic supply demand scenario.
Speaker 15 (30:33):
I think it is. I think there's sort of three
key drivers behind this, and one of them is obviously
the lack of demand because you know, two years ago,
I think we had a plus one hundred and seventy
five thousand people coming into the country. This year only
plus twenty six so that's a huge drop off. And
then you pat you know, you combine that with we've
got fourteen thousand properties up for rent on trade me
(30:54):
today this time last year only eleven thousand, so you know,
that's a twenty percent increase in the umber of properties.
And at the moment, also tenants, you know, they have
less money to spend on rent a household and comes
rent up one point seven percent last year, but that
was nominal, so not including inflation, which was about four percent.
So your tenant has two point six percent less money
(31:18):
to spend on rent as well. So when you combine
all of those three factors, we are looking at having
our first year with a drop in rents across the
country going all the way back to two thousand.
Speaker 2 (31:28):
What about the other side of the equation, the interest
rates are coming down, the investor might be a bit
more active. You buy a house, are they about the
place and therefore they're adding to supply.
Speaker 15 (31:37):
Yeah, So, I mean landlords have had a really tough
time recently so while it could be you know, another
three months of paying for landlords, I do see a
bit of light at the end of the tunnel. When
you know, migration is seasonal, so when we head themto summer,
we should see those numbers come up.
Speaker 2 (31:53):
What's your call for the rest of the year. What
do you think is going to happen in terms of
the actual rate? See I look around country. It's about
six hundred ish, isn't it. With a few variations, about
six hundred and something dollars will get you a house,
that's right.
Speaker 15 (32:08):
So you know, for landlords, they might be a bit
concerned about seeing that these rent numbers had come down,
but over the last seven years they've gone up fifty percent,
so you know, they're still getting more rent than they
were getting a couple of years ago. My prediction for
the rest of the year is that there is a
bit of a lag in these numbers. We sort of
saw all these drivers lining up as early as sort
(32:28):
of July last year, So I do think that we
could see another quarter with the rents coming down before
they hopefully go back to flat. But I do think
that by the end of the year things could be
in a better place for landlords.
Speaker 2 (32:40):
All right, good and so I might appreciate your time.
Mike Atkinson, managing director of a spy. It is nine
minutes past seven, pass speaking in numbers and good news.
Some made fun of it, but the Everybody must Go
tourism campaign appears to have hit the mark. The plan
was to target Australians. We wanted six seven hundred and
fifty extra arrivals. Did we get them, Yes we did,
and then some We got seven nine hundred and eighty
one and while they were here they spend another twenty
(33:01):
two million dollars. Louise Upston is of course the Tourist
Minister and is with us very good morning, Good morning Mite.
So the ad Agency will be happy apart from anyone else,
won't they.
Speaker 4 (33:11):
Well, it's great for New Zealand because tourism is a
big part of our plan to grow the economy, and
we act with urgency and Australia delivered. They came went
over in great numbers.
Speaker 2 (33:20):
Yes they did well. Well when you say great numbers,
we're a three million plus market annually, so sixty seven
hundred is hardly shifting the needle. But what sort of
potential does Australia still have as a market.
Speaker 4 (33:33):
Yeah, so what we know is there's Australia is the
market that is the closest to us, our biggest mark,
and we know they make their decisions quickly. So that's
why we targeted Australia in this first campaign. Listen, we're
still only at eighty seven percent of the visitor numbers
from what we had pre COVID and that's why Australia
(33:54):
tends to and will continue to be a focus for
us in the short term. Of course, every Australian that
comes over, stays in our accommodation, eats in a restaurant,
shops in our shops is great for our economy and
that's why we're so focused on tourism as a growth boost.
Speaker 2 (34:08):
What's your vibe given your experience so far as Minister,
it's as simple as I mean, it's not like we're
they don't know we're here. So is it just simply
just get in front of them and go, hey, remember
New Zealand and something will happen.
Speaker 17 (34:23):
Yeah.
Speaker 4 (34:23):
We know that there's four million Australians who are considering
a visit to New Zealand. We just have to convert them.
So it's actually being far more in their face and
putting the material in front of them, putting the deals,
which this Australia campaign was really really positive because there
were over eight hundred deals that New Zealand businesses, airlines, hotels,
(34:46):
activities put on the table and that was part of
the incentive to get the Australian tourists to say, yes,
I'm booking now, I'm coming over.
Speaker 2 (34:56):
Can you offer me anything more positive on the biggest
side of the equation because we're still our notes stuck
in the eighties in terms of percentage of where we
once were.
Speaker 4 (35:05):
Well, that's why we've just we're very deliberately working on
our big markets, Australia, the States, in China. There's a
lot of potential in China because the numbers are still
only at sixty one percent of what we had pre COVID.
So we've got a range of campaigns underway. The Prime
Minister's visit to China was really important. We just need
those countries to know that New Zealand's open for business
(35:28):
and we actually welcome them. We want them to come,
We're ready for them to come, and they'll have a
great experience when they're here, and we just need to
keep repeating that message to them.
Speaker 2 (35:36):
Good stuff. Louis preciated at Louis Upston Tourism Minister, thirteen
minutes past seven. Pascal, was it this time yesterday? I
was trying to explain that one of the things Nicola
Willis needs to do in national in general is not
spend a lot of time making fools of themselves when
it comes to things like butter. So this is this
game that Nicola plays. Nicola goes, have you seen the supermarket?
(35:56):
I'm going to get them? Have you seen the banks?
Don't get stuck in the dark room with the bank.
So I'm going to get them. I'm going to do something.
What are you going to do with them, Nicola? Why,
I'm not going to tell you yet, but I'm going
to wag my finger a bit more and we're going
to have some more meetings up. I'm going to get them.
So this was Nickel a pre meeting on the butter.
Speaker 20 (36:12):
Miles Hurrel has the opportunity to talk through what goes
into the price of a block of butter, and it's
in his interests to do so.
Speaker 2 (36:19):
Yeah, it's in his interest to do so. Because I
got a machine gun in my bag, and if he
doesn't explain it properly to me, I'm going to gut
him down. Then she had the meeting, and then this happened.
Speaker 20 (36:27):
As has been previously acknowledged, the large proportion of the
price you pay for butter at the supermarket is dictated
by a global demand for butter.
Speaker 2 (36:38):
No, it isn't. Is it global demand for butter? So
what you're saying is that that Miles wasn't ripping us
off after all? Is that right, Nicola?
Speaker 20 (36:50):
In this case, I've been satisfied that I don't think
consumers are getting a raw deal.
Speaker 2 (36:57):
See the problem with that is that it's not Sharon
from Tayowa Mutu, who has no interest in the economy
and who left school at the age of fourteen and
doesn't understand basic economics. That's Nicola Willis, the Finance Minister
of New Zealand, former employee of Fonterra.
Speaker 21 (37:14):
Given all that is the only real explanation that yes,
she knew all that, she knew the answers to the question,
but she didn't think that the greater, wider, unwashed public
of New Zealand would believe her.
Speaker 2 (37:27):
That's the Ryan Bridge argument.
Speaker 21 (37:29):
And you're both going through the process to demonstrate.
Speaker 2 (37:32):
Because if you're the finance minister. If you're the finance minister,
it behooves you to behave in a prime ministerial or
financer ministerial fashion, not to play dumb games with people
in New Zealand who may or may not understand simple things.
If we don't understand that as a nation, we make money,
we earn our living by growing stuff and selling it
(37:55):
to the world, and that's how it works. If we
don't get that, we have no future. And the Prime Minister,
if you're right, the finance Minister, shouldn't be playing those
sort of games. Fifteen past seven The.
Speaker 1 (38:07):
Like Asking Breakfast Fall Show podcast on iHeartRadio powered by
News Talks.
Speaker 14 (38:12):
A't be Mike.
Speaker 2 (38:13):
I know Sharon from Tale Muto when she left school
at fifteen, not fourteen. She didn't do well on economics.
It's very good Mike's pine continues to replace productive dairy,
beef and lamb farming in the name of fighting climate change,
animal products like butter, milk and meat will only get
more expensive. It's a very good point. Peter, thank you
for about seventeen past seven. A good idea or desperation
as the five hundred new cop promise gets delayed yet again.
(38:35):
They think now it's going to go out till maybe
August of next year. The new plan is to target Australia.
They of course have been targeting us Chris Carhill's Police
Association president and as with us, Chris, good morning to you,
Good morning Mike. Are we getting a bit hung up
on numbers? I mean, how many of these five hundred
do we desperately need writ here right now? Or is
it more about a political promise.
Speaker 22 (38:56):
There's certainly a big element of political promise in it,
and we've got eleven of the five hundreds so fast.
That's actually half far away, so that we need to
just stop talking about dates in the future and just concentrate.
It is desperate in some areas. I some of the
smaller rural places in the East Coast, far North Stars
struggling with numbers big time.
Speaker 11 (39:15):
It makes a big impact.
Speaker 22 (39:16):
A lot of the gap is in Auckland, so you
can cover it because you've got bigger numbers, but over
time it has a real impact on staffing up there.
Speaker 2 (39:24):
We are not going over who would we get out
of Australia given there here? Telling us look at look
at you know, Malula bar and the sunshine and here's
some money. But what have we got to offer la
la land ideas?
Speaker 22 (39:35):
And now I can see the campaign, I'll come and
enjoy a thirty percent drop of wages, higher house prices,
higher cost of living, lower superinnuation. It's a great one
here and they'll be queuing up. It's just it's just
a silly idea, and police need to start concentrating on
the real issues. I mean, one of the key things
they have to look at as their immuneration structure. You've
got a system where cops take twenty one years to
(39:56):
get the top of the constable's pay band, nurses and
teachers take seven. Look at the things that will make
a real difference in New.
Speaker 2 (40:02):
Zealand being a policeman. Correct me if I'm wrong, Chris.
But getting recruiting police people is a problem all over
the world. I mean, it's a crappy old world and
it's hard work. Is that fair?
Speaker 22 (40:12):
Yeah, it's definitely fair.
Speaker 11 (40:14):
There's multiple reasons.
Speaker 22 (40:15):
A couple that stand out seem to be police officers
themselves are not telling family and friends to join. They're
saying the job's chained it's to come too dangerous, has
come to hard and your mental health the other things
to be us just don't see a job that requires
you to work twenty four to seven, seven days a
week as a career choice they're interested in. And that's
a real concern, that's a realishow. I mean, we've got
(40:37):
fifteen percent newth unemployment eighteen to twenty four year olds.
You can't recruit in that environment. What's it going to
look like when the economy picks up? So got to
look at some of the fundamental issues. I think.
Speaker 2 (40:47):
Okay, Chris, always good to have you on the program.
Preciated a Chris Cawnhill, who's the Police Association president. Might
we produce sixty one hundred percent about dary needs? Surely
we can discount what we need locally. Mike, fifteen percent
testing on butter the government could stop at immediately. Do
I do you honestly want me to go through this
one more time? Do you honestly want me to reliitigate economics?
One O? One one more time?
Speaker 1 (41:09):
Seven The Mike Asking Breakfast Full Show podcast on iHeartRadio,
Power by.
Speaker 2 (41:17):
Newstalksb Own News talksb Ed Sheeran. After eight look forward
to that particular catch up. Meantime. At seven twenty three,
Government are and trouble. As we've mentioned briefly this morning,
they're in trouble in a couple of areas. As far
as I can work out, One family boost what they
said would happen numbers wise didn't. Two the aforementioned police
recruits what they said would happen will not. Three are
the band on foreign buyers for houses now looks, of
(41:39):
course farcical. Yesterday's attempt by the Herald to make some
Winston Peter's comments look like news was a beat up,
of course, because he said the same thing to us
two months ago, and saying the same thing with nothing
new or any change in between is not news. It's
the status quo. What makes the Peter's stance and therefore
the government damage unusual, is Peter's stance is inexplicable. Family boot,
(42:00):
you see, got messed up because the Ird gave the
government some poor advice. The police recruit issue, as we've
just discussed, as bad because being a cop is hard work.
A lot of cops leave and Australia off for sunshine
and beaches and they're actively making offers. But on the upside,
the Golden visa that's working a treat people with money
have applied. There are hundreds of millions of dollars heading
well heading towards billions of dollars in play, But we
(42:21):
still want them to when they arrive here in rent
a house apparently, or go to AIRB and B. The
level of stupidity in that is inescapable and inexcusable. So
the Nets had a policy, if you remember, two million
dollars a house anything over that a foreigner could buy it.
That Peters didn't like. That wasn't having it. Fine, So
the NATS moved that to five or six million. Locals
here aren't buying those houses. So Peters still won't move,
(42:43):
he says, though he told us the deal's coming. But
the critical question is why would your burn goodwill inside
a coalition, which is what he's doing, And more importantly,
why would your risk reputational damage internationally? Remember this is
the same bloke who's holding us to ransom. That's the
same bloke is also on a plane traveling the world
telling said world we're open, and yet we're not. If
(43:04):
this government is to survive and possibly prosper, it's the
simple stuff that you cannot afford to make an issue.
We need money, We need investment in the jobs and
the growth that brings. It must be part of a package,
and the package comes with a home. Peters gets that.
I know he gets that. And yet small word to
the Nats, namely Luxon, how about some hardball? How long
(43:26):
do you want to look like the weak guys? I
mean the dog being wagged by the tail. The that's
biggest problem apart from Peter's, is time, of course, time
next year the country makes a decision on all of this.
Cosking Mike, where's the outrage over double digit council rates
rise and electricity rises? All about POxy butter? Who cares
about butter? Well, a lot of people care about butter.
But you make a very fair point. You don't have
(43:47):
to buy a butter, but you do have to pay
your rates, and so the outrage over rates there is
nowhere to be seen when we're all exercised about butter.
Nicola Willis. Mike is increasingly looking like one of those
bosses who makes a lot of noise and threats but
doesn't make sense. Thus no one listens to because they're
clearly out of their depth. She's a window bag. I
think that's probably being slightly unfair. But she does, as
I pointed out yesterday, have this predilection towards telling you
(44:09):
things are broken and wrong and she's going to do
something about it, and we just don't see they do
something about it. I mean, how many times is she
going to threaten the supermarkets before she actually does I've
seen a million times.
Speaker 11 (44:19):
Do it.
Speaker 2 (44:20):
Whatever it is, you've got, whatever magic trick you've got
in your handbag, pull it out and do it. I
don't see what it is. I don't think there is
a scandal in the banks, and I don't think there's
a scandal in the supermarkets. No, none of us like
paying what we do for butter. But it is what
it is, and there's a reason behind it. So if
you've got some magic trick on supermarkets and banks, do it,
fix it, sort it, be a hero, solve our problem. Mike.
(44:41):
I think you might be overestimating the intelligence levels of
many New Zealanders around the economy. If they understood how
it works, they'd never vote labor again. Well that may
be true, but the point being, if you look at
the poles, and if you take all the polls the opposition,
if you want to put them together as a grouping,
it's a genuine race. It's a genuine contest. There are
large sways New Zealand, for whatever reason, that support that
(45:03):
style of living and future for our country. And of
these guys, the guys who are currently running it, start
talking about how they're going to fix butter and how
they're going to fix supermarkets, how they're going to fix banks,
and how are they going to get money into the country,
and yet none of it seems to materialize. Then they've
got themselves a political problem. And that problem, as I
just said, is going to be addressed next year. It's
called an election. Mark Mitchell, who's the Minister of Sport,
(45:26):
has got some interesting news for us. Right after our News.
Speaker 1 (45:29):
Your source of breaking news, challenging opinion and honored facts,
The Mike Hosking Breakfast with the land Rover Discovery never
Stop discovering News.
Speaker 3 (45:39):
Togs headv.
Speaker 2 (45:40):
Mike. We're disappointed that you seem to be a strong
labor supporter, always putting the government down. Mike. Please check
what's happening at Molesworth's station. The manager quit after twenty
three years. Yes, what's happening in Moldsworth's station is that
(46:01):
there's some concern over wilding pine. There was some money
coming from the government into the station for wilding pine.
That money's dried up. He's quit. That's about all we
know at this particular point in time, isn't it. There
were some concerns as to what the government may well
do with the land. Are they doing more pine, less stock?
But that's about where we are at the moment, as
(46:22):
far as I can work out. Twenty three minutes away
from mate A mataa sure enough to right I meantime,
and what increasingly looks like a global change of Heartsport
New Zealand has been told to scrap its transgender inclusion guidelines. Previously,
trans people could take part in community sports the gender
they identified with. The change hands control back to individual sports. Now,
(46:45):
Mark Mitchell these days as Minister of Sport, of course
news whether it's make morning to you, Hey, good morning, Mike.
You took this from bishop of course at once upon?
How angsty is this whole issue in this portfolio generally?
Speaker 23 (46:57):
Oh, there's always this, quite a bit of discussion and
the sort of happens around it. But look, I think
that generally speaking, most fair minded Kiwis would say that
when it comes to sport, it so they should. The
basic tenant around it should be safety and fairness.
Speaker 2 (47:11):
Are you arguing that or are you arguing that because
New Zealand first told you to argue that?
Speaker 23 (47:16):
No. No, I personally believe that I've played sport my
whole life, and I think that safety and fairness the
two guiding principles that any sport or code should follow.
But we've decided as part of the coalition agreement with
New Zealand, first that you know that the government is
not going to dictate to the codes what they should
be doing. The codes and the sporting bodies themselves they
know best, They know how to run their sports fairly
(47:39):
and safely, and so they can make those decisions in
consultation with their own communities, in their own members.
Speaker 2 (47:45):
That leaves the possibility of some rogue sports doing rogue
things in a lot of community angst. If that unfolds,
is that they're a problem no longer yours.
Speaker 23 (47:55):
No sporting sets well any sporting bodies that are funded
by the New Zealand tax bar. Sporting in Z has
a responsibility to monitor and make sure that those that
those sports and those codes are actually being run properly.
So no, there'll still be government oversight on any sporting
body or organization that receives text has money.
Speaker 2 (48:14):
Right, Why doesn't this go all the way to elite sport?
Why is it stuck at community?
Speaker 23 (48:19):
Well, it's right across sport, but we've just decided that government.
Well it relates to codes and sports. So codes and
sports have got both ground you know, grassroots sports and
they've got elite sports people as well, So it doesn't
differentiate it. It relates to all codes and sports.
Speaker 2 (48:38):
Do Sports New Zealand accept this willingly or do they
do it begrudgingly?
Speaker 23 (48:44):
No, they accepted it very willingly. They're a great organization
that are focused on making sure that we can deliver
and maximize every text parer dollar in terms of participation
in supporting sport in New Zealand. We're a proud sporting
nation and both sport is in zed and higher formance
sports do an outstanding job.
Speaker 2 (49:02):
Put your cop hat on this five hundred delay Yet again,
how ugly politically do you think it's going to get
for you?
Speaker 23 (49:08):
Look, I totally get it, but the fact of the
matter is is that we is that we always said
that it was going to be tough. We haven't backed
away for the fact that we're working as hard as
we care. The police are working as hard as they
can to deliver on those five hundred. But of course
what we did uncover is that there had been a
move away from consistency around standards, and we've prioritized standards
and said that in a service like police, standards really
(49:30):
do matter.
Speaker 2 (49:30):
Fair enough to where are you going to?
Speaker 23 (49:33):
I'm heading back up to Aalkland. Sorry about that, I'm
sitting in the in the airport.
Speaker 2 (49:38):
Just a word. It's interested to know where you're where
you're heading.
Speaker 23 (49:42):
I'm hitting from to Aukland today.
Speaker 2 (49:44):
Could only mate well, Mark mitchellt Minister of Sport, nineteen
minutes away from seven past getting hey, Mike, you see
Tossy Gabbett overnight? Funnily enough, I did I see Obama?
Mike and Hillary Clinton are in a lot of trouble.
No they're not, Nobe not in a lot of trouble.
Don't get exercise about stuff you don't need to get
exercised about. Speaking of which, perfect story. Un Overnight there
(50:05):
was much made places like radio and New Zealand love
these stories. They were anticipating something, some earth shattering this morning,
and it came. I suppose the International Court of Justice
their long awaited advisory opinion. The key word there is
opinion on the nation's climate obligations. Failure of the state
to take appropriate action to protect the climate system from CGHG,
(50:29):
which is greenhouse gas, may constitute an internationally wrongful act
which is attributable to that state. What they're doing here
is Pacific nations got together dreamed up the idea that
they could go to a UN court and get them
to make a decision that would mean that countries are
liable for their emissions. And therefore, if as a human
(50:52):
being you had been harmed by those said omissions, you
could somehow take them to another court and somehow that
court would do something that would mean a government would
end up I don't know, God knows anyway. A clean
and healthy, sustainable environment's human right. I probably all agree
with that countries harmed by climate change could also be
entitled to reparations, but what their oad must be decided
(51:14):
on a case by case basis. So as usual, the
only one is out of that lawyer is eighteen to.
Speaker 1 (51:18):
Two The Vike Hosking Breakfast Full Show podcast on iHeartRadio
powered by News Talks.
Speaker 2 (51:25):
At be couple of things you might want to read today.
Very good piece by Kate McNamara in The Herald about
the cost how they shaved the cost of the wycat
Her Medical School down. There was a moderate amount of
debate on the announcement day that Act might have played
a role in actually doing something good by way of savings,
and so it's well worth reading around the background. So
(51:46):
the University of Wykata's original budget, she writes, for building
the school, appears to have been well padded. More important, essentially,
none of the university's contribution was originally earmarked for capital cost.
So makes the point and this is where it sort
of endorses the Act theory that it was Act that
actually saved us all some money. They did some consulting.
(52:07):
I don't know what the name of the company is.
It's Sapia, SAPII, Sapary, whatever it was. They got some
consultants in know how to look at it. As a
result of that, significant change followed, And she writes the
Act party, either more directly or through this insistence in
its coalition agreement with the National Party that the wheat
Her plan be subject to a full cost benefit analysis.
Seems to have played an important role. So, in other words,
(52:29):
they've done the good work on our behalf. She writes this,
and I think this is interesting, and it's sort of
dubtails into what I was saying about willis earlier on
in the National Party in general. Whether National alone would
have pursued such a rigorous process as an open question. Now,
the possibly more interesting story this morning that you also
(52:50):
want to read is by Ian Proudfort. Shall we get
him on tomorrow, Sammy, I think we should. He's from
KPMG and he's read he writes, an AGRO report him.
He's been doing it for years as far as I know.
It's always interesting and you know my obsession with the
land in the country and all that sort of stuff. Farmers,
he writes, Now this is the controversial bit. I think
he's wrong, but nevertheless, let's get him on and see
if he can make a fool of me. Farmers could
(53:11):
opt into a voluntary domestic pricing initiative through their milk
processes with a portion of their production price to meet
Kiwi's needs for healthy and nutritional food. At a reasonable crops.
So what he's doing is arguing on many of you
who have texted me, going, well, why don't we cut
the GST? Why doesn't somebody pay the difference? This is
what he's arguing. He's on your site. Food security, he argues,
(53:33):
is still under prioritize among the two hundred agribusiness leaders
that he deals with. Food security is national security, which
is true. Food security is national security. It's an important
point whether farmers would support a domestic price Internationally. Initiatives
haven't stopped because they didn't get one hundred percent support. Well,
I can tell you for nothing, they're not going to
get one hundred percent support. But that's a fairly loaded comment,
(53:56):
isn't it. What if they only got ten percent support?
Do we go ahead with the scheme anyway? Do we
infuriate the farmers of this country. It's time he argues,
that New Zealand started having the sort of conversation the
rest of the world's been having for a number of
years about bio energy and bioeconomies. Oversees agribusiness leaders talk
about the threeps, food, fiber and fuel. Why we only
(54:18):
are able to talk about food and fiber, not the
fuel part of the equation. He's asking. When I sit
down with clients all over the world, so often the
conversation hasn't started with how much butter has been exported
or what countries they're exporting too, but very often it's
what the farmer is doing with farmer and grower partners
in connecting them up to energy. So he's arguing, we
(54:38):
need to be a bit more sophisticated than we are.
If he's right, then I'm wrong. And if I'm wrong,
I'm a bit of a blood eye and I'm just
not as visionary as him. But we might get him
on the program and see how we go, which does
lead me to and I don't have time now, I'll
do it later, to a spectacular piece I read yesterday
from a group of people who went to Holland, and
(55:01):
they learn profound lessons as to how Holland views their
world and how they conduct themselves economically and politically, and
why they are so much more advanced than we are.
And because of that attitude, we're basically bugget. Because the
end of the artic guy argues, unless we do what
they do, we're going nowhere fast. And it also argues
that we're probably not capable of doing what they are,
(55:23):
so we are heading nowhere fast, but more on that later.
Tend to wait the asking breakfast with Bailey's real estate.
Speaker 3 (55:31):
Newstalgs dead be those.
Speaker 2 (55:32):
Seven away from it. Among the ever growing series of
financial issues we need to worry about banks and warning
now over subscription traps, businesses hooking people into ongoing payments
through every day items the shoes and clothes, stuff like that. Anyway,
Westpac so it stopped nearly twenty thousand customers being fleeced
in the past three months. Doctor Clare Matthew's banking expert
of course at Massy in his back. Well this clear
good morning to you more end am I you ever
(55:54):
fallen for a scam? You ever been scammed?
Speaker 13 (55:58):
Not in New Zealand, only on national travel. But that's
a slightly different situation.
Speaker 2 (56:02):
Okay, fair enough, these these were. If west Pack, a
singular bank, can stop twenty thousand customers over a three
month period, how many people are getting done for you know,
must be tens of thousands, hundred of thousands of people.
Speaker 13 (56:15):
Oh, absolutely, it must be huge numbers. It seems unlikely
that West Westpac customers are being singled out, so presumably
it's tappening to other banks customers as well. Absolutely, And
I noticed that as well as the twenty thousand customers
that they talked about, they talked about twenty five million
dollars worth of payments, so that's you know, we are
talking large sums of money.
Speaker 2 (56:33):
So what is it? Is it payments you know you're
making but don't know how to stop, or payments you
don't know how you're making. Is it a trap or
is it? Is it illegal?
Speaker 13 (56:42):
It's a little bit hard to know because it's a
lot of something I've come across before, but I'm guessing
it's something like, you buy a pair of shoes and
in the Fine Presencies, at the same time, when you
buy a pair of shoes, you also become a member
of our site, and we're going to charge you a
it's possibly a small subscription fee, and that will give
you access to we'll see your emails, or you'll have
(57:04):
access to our bargains, so that and special prices in
the future. But you don't actually want to do that.
You just brought up your shoes or whatever it is
you've bought. You didn't actually plan to ever buy anything else.
From this business again. But they've sucked you in because
it's in the terms and conditions, and all of a
sudden you've got this small payment going out, which you
may not notice immediately, depending on what else you're using
(57:25):
card for. But west Tek have obviously found a way
of picking up when this has happened.
Speaker 2 (57:29):
Good isn't there an app for that? I saw something
the other day. There's an app that tells you all
the stuff you're paying for that you may not know,
then goes ding. Do you realize, here's all the you
know and it'll tell you what you're doing.
Speaker 13 (57:42):
Yeah, But the problem with these ones, from what I
can understand from what west Tak has said, is that
it's all very well to know that you don't want
to pay it, but you've actually got to get out
of it. And what's happening is trying to get hold
of the companies to say, actually cancel my subscription. The
companies disappear or they just say, oh, notes legitimate, So
it get's actually really difficult to cancel. So it's easier
(58:04):
to stop the payment upfront.
Speaker 2 (58:05):
Is it easy to let the bank do this if
they're in the business of doing this, Good on them?
For doing it fantastic or I mean, I just don't
know how we fix it if you can't get out
of it, or you don't know you even paying it
in the first place. How do we solve this particular problem.
Speaker 13 (58:19):
Well, one of the issues is that we do need
to read the fine print instrument and sign up for things,
which we're all very bad at doing. Yes, you can
trust the banks to be dealing with us to an extent,
but they're not going to pick up everything because what
the scammers are doing is constantly changing. So we do
need to be observant and looking at our transactions and
looking for anything that's unusual because we may be the
(58:42):
first or one of the first to find something new
so that it will help others.
Speaker 2 (58:46):
Good stuff. Nice to talk to you. Claire is always
Claire Matthews, Doctor Claire Matthews, Messy University, Rocket Money, Glenn
tells me is one of them that will be meaning
there's a millionaires.
Speaker 14 (58:53):
Do you still have a Neon subscription as well as your.
Speaker 2 (58:56):
Skyll I was watching a bit of Neon yesterday. Finallyina,
so why do you do that?
Speaker 14 (59:00):
Why do you have me on as well as sky?
Speaker 2 (59:01):
Now I had an answer for that, and I can't
remember what it was, but when I came up with
the answer, it was something about express I get it
earlier on Neon, you'll get it earlier than on Sky,
I think was the answer. Here's here's a confession, and
just like that, you know the program, And just like that,
I actually like it. This is the sequel to the
sequel and the City. I actually like it. I've been
(59:25):
watching it and I developed a passion for it, and
I thought, this is actually I mean, there's a lot
of it that's shocking, but I thought as I watched,
I thought, this is actually quite a good program. And
then I thought to myself, I wonder if I should
say that publicly, and what people will think of me
if I did.
Speaker 14 (59:40):
We're about to find out. I guess it's all.
Speaker 2 (59:42):
Too late now, ed Sharon back on the program.
Speaker 1 (59:45):
After the newspaper, the news and the newsmakers, the mi
casking Breakfast with Bailey's real Estate altogether better across residential,
(01:00:08):
commercial and rural news talks d B seven.
Speaker 2 (01:00:13):
So we got the Sheeran news yesterday. He's coming to
a stadium near you in the early part of next year.
If you follow him A couple of interesting things. Actually
has turned with James Blunt the other night in Ipswich.
That's well worth looking up today. He's also involved in
a very cool project with Chris Hinsworth for his Disney
show called Limitless. So there's a lot to talk about.
So we got together with the cheerin on Tuesday night.
(01:00:36):
What what's that for? This is on video as well.
What's that stick in the background? I mean, what's that?
Does that look? It can't be Lola Cross?
Speaker 19 (01:00:43):
Oh no, that's a yeah, I know that is from
c Croake Park and it's a hurling stick.
Speaker 6 (01:00:51):
Or a camogie stick. I'm not No, it's hurling.
Speaker 11 (01:00:53):
So in.
Speaker 19 (01:00:55):
Islands there's of any called Croake Park. It doesn't have
British sports ever played in it and it's always either
has Gaelic football or hurling. And I played Croak part
that's from twenty to fifteen, my first time playing Croke
and they gave me a hurling stick.
Speaker 2 (01:01:07):
So do you collect stuff generally? Yeah?
Speaker 19 (01:01:10):
I think I'm a hoarder. I think I'm a hoarder
which I have a This is a pub in London,
but the pub that I have in my garden is
where everything goes and it very much looks like a hoarder's.
Speaker 2 (01:01:24):
Pub, right. I need to be brought up to speed here,
because I've been trying hard. I'm working on this, but
I'm watching you one at pubs. You're at pubs singing,
You're in America. Then I see you in Ipswich the
other day. I check your schedule. You're going into Scandinavia.
What exactly are you doing at the moment.
Speaker 19 (01:01:41):
At the moment, I'm sort of I'm on tour. I'm
finishing the Mathematics tour but also promoting the Play album.
And one of the songs on Play is called the
Old Phone. So we build an Old Phone pub where
we go and we do these small acoustic shows instant
in amongst the tour, and they're fun. It's sort of
(01:02:01):
like a different it's a different thing. It's still it's
still a performance. You still get a buzz, but it's
just a different It's not a stadium.
Speaker 6 (01:02:08):
It's just a different kind of performance.
Speaker 2 (01:02:11):
Who comes up with all that stuff?
Speaker 12 (01:02:12):
Uh?
Speaker 6 (01:02:13):
Me? Me?
Speaker 19 (01:02:14):
I think the older that I'm getting, the more I
want diversity and the stuff that I'm doing. I think
playing a sold out stadium every weekend is obviously super fun,
but it's like having.
Speaker 6 (01:02:28):
A really great steak every meal. You want.
Speaker 19 (01:02:32):
You want a bit of difference, you can't. You want
a dirty burger every now and then you want some
kebab chips every now. You know, you want a balanced
career of doing balanced things.
Speaker 2 (01:02:44):
I think so artistically answer me this because I mean,
be honest with me. How big is your group these days?
I mean how big is your organization? Because you don't
just say, look, let's let's build a part and a
couple of other people in the room go, oh cool it,
let's do that, because that's not how this works.
Speaker 19 (01:03:00):
Yeah, I'd say in total, on our side of the organization,
including tour, there's probably about two hundred people that work
within the camp, and that's not including record label. I'd say,
you know, it's a it's a big it's a big operation,
but then it's a it's a big tour, and it's
they're big albums, and I think that they it's definitely grown.
(01:03:22):
It used to just be me and my manager and
we would plug into local record labels wherever we go.
But I think even now more so, record label's role
has shifted so much, so you kind of have to
have like we have each specific people on the team.
Be it press, but it international, be it social, be
at this, b at that. So it's yeah, it's a
(01:03:43):
big it's a big operation, but I think it's it
becomes Now I have children and a family, I can
then plug in and out of it a lot more
than I used to because lots of people are making
it move, so I can sort of going it out.
Speaker 2 (01:03:59):
So is this the most enjoyable time of your career
so far? Giving you achieved this level of success, I mean,
basically you can creatively do anything you want.
Speaker 19 (01:04:07):
I'd say that, yeah, Well, it depends on what sort
of level of enjoyment. Like I definitely love I love
having a family and having the balance of that and
dipping in and out of work and yes, as you said,
creatively being like I'm going to do this show or
this show or this show. I think the most enjoyable
part of my career though, was the first two years
(01:04:28):
of plus and everything was new and everything was exciting,
and I'd gone from playing to nobody and no one
being interested to suddenly like coming to New Zealand for
the first time, coming to Australia, going to Japan and
going to America instead of having the world open up
for me. I think that was probably the most exciting
and enjoyable part of my career. But I think now
it's about finding the balance and not going nuts and
(01:04:53):
not being.
Speaker 6 (01:04:54):
Like I am just a pop star and that is
all that I am.
Speaker 19 (01:04:57):
I think it's really nice to be a dad and
also be a pop star and have a balance of
the two.
Speaker 2 (01:05:04):
Do you reckon that's an adherent skill? What do you
run the rest? Potentially? Do you think of getting a
bit jaded at some point?
Speaker 19 (01:05:11):
I think I think you only get jaded if you
live within a bubble and you think that. I think
you get jaded when things start getting very self centered
and you think like, oh, this is happening to me,
and this is this, and this is that, and it's.
Speaker 6 (01:05:25):
Very me, me, me, me me, And I think that.
Speaker 19 (01:05:29):
By having it's not even having the big team, it's
more like being in the world.
Speaker 6 (01:05:36):
Like I still like my wife will still like not
make me makes me the.
Speaker 19 (01:05:41):
Wrong wrong word, strongly encourage me to take public transport
and do normal things and go to pubs and blah
blah blah and just be out in the world and
I think it's I think it's difficult to get jaded
when you are in amongst so many other people's lives
and seeing how they work, and realizing how fortunate being
(01:06:01):
a musician, and also being a musician where people actually
want to come to the shows. And so I do
remember playing shows where no one wants to come to
them and releasing music that fell on deaf is. So
I feel like super grateful to be you know, people
are still interested in my music because people are still
coming to the shows, and I get to pick and
choose my schedule. So I'm I don't think you can
(01:06:23):
get jaded with that. I think that's just a really
privileged position to be in.
Speaker 2 (01:06:26):
And what about the pressure, because I mean, do you
feel that each time you announce a big tour, a
stadium tour. I mean, it's wonderful to perform in a pub.
Who doesn't love a pub, But a stadium tour that's business.
I mean, do you feel the pressure of that. What
it looks like, what it sounds like. What's the comparison
to last time? Because I paid my three hundred dollars
and I'm paying another three hundred dollars and you're bit
(01:06:46):
to be good. I mean, do you feel that?
Speaker 6 (01:06:48):
Yeah? But I think that the more I release, the
stronger the set listers.
Speaker 19 (01:06:53):
And I have a lot of faith in people's emotions
and memories and things that are attached to these songs,
and I think that I know I can create special
moments when I come to these shows with people coming
and they want to hear a certain song in a
certain way. And I think that the artists that play
these big stadiums know that that.
Speaker 6 (01:07:15):
Is the that's the currency of the gig.
Speaker 19 (01:07:17):
You someone comes to the gig, you play the song
that they want to play in the way that they
want to play it, and.
Speaker 6 (01:07:21):
It makes them take.
Speaker 19 (01:07:22):
Like I if I go and see Coldplay Coplay are
like one of my favorite bands. If I go and
see them and they don't play fix.
Speaker 6 (01:07:28):
You, I'm annoyed.
Speaker 19 (01:07:30):
But I know, because of the way that Chris is
and the way that those shows are, that fix You
is going to get played. It's going to be amazing.
It's going to do exactly what I wanted to do
within me and within my heart. So I think that, yeah,
I think that when you're doing these shows, it's an
understanding that it's not about me. It's about the It's
about the community and about the the couples that are
(01:07:51):
coming to the gig, the friends that are coming to
the gig, the families that are coming to the gig,
and what the songs mean to them and how you
can facilitate their.
Speaker 6 (01:08:01):
Good time and emotions. I guess.
Speaker 2 (01:08:04):
So he mentioned Chris Martin, of course, so you know
where I need to go after the break fifteen past eight.
Speaker 1 (01:08:09):
The Mic Asking Breakfast Full Show podcast.
Speaker 3 (01:08:12):
On iHeart Radio powered by News Talks.
Speaker 2 (01:08:14):
It be new Talks. It'll be seventeen past eight. So
the id Sheeran interview which I did the other night.
He mentioned before the break, of course, Chris Martin, which
you know where I'm having to go there. But before
I got on to that, I remembered I'd watched a
very good video He was a nipswitch the other night,
and he had James Blunt on stage, which seemed to
be a real thing. So I wanted to know from
him whether or not this is something he does. He
(01:08:36):
just rings people up and they come running.
Speaker 6 (01:08:39):
I wouldn't say they come running. I think it always
has to be a.
Speaker 19 (01:08:43):
Good idea, and I think with James was on tour
and I said, look, I'm doing my hometown stadium apswich
Town Portman Road. The first time I saw James was
there when I was thirteen, opening up Fell and John
and that was one of his first gigs. And I said,
wouldn't it be cool full circle moment you come, we
sing Goodbye My Lover together, which is one of my
favorite James songs. And I think it has to be special.
(01:09:04):
It has to be a moment rather than just you
do it for the.
Speaker 6 (01:09:07):
Sake of it.
Speaker 2 (01:09:08):
Well, I mean it looks special.
Speaker 6 (01:09:10):
It was special. I was emotional at that.
Speaker 19 (01:09:12):
You know that James is one of the reasons that
I'm a singer songwriter and to bring him to essentially
my homecoming show, which was something that was special to
him twenty one years ago.
Speaker 6 (01:09:23):
Yeah, it felt really really great.
Speaker 2 (01:09:26):
Like kiss Cam. Yeah, do you run it? You've got
a jumbo tron.
Speaker 6 (01:09:29):
We've never done it, but there.
Speaker 19 (01:09:30):
You know, I think that all shows are different, Like
my show is very different to the Guns and the
Show and the Coldplay Show and the Taylor Show. And
I think that that's what makes stadium shows great. And yeah, it's.
Speaker 6 (01:09:46):
That's been part of their show since the beginning. It's
just now.
Speaker 19 (01:09:48):
It is obviously international news for you know, something that
I feel like lots lots of people go through and
I wouldn't say it's any like, I don't know, I
don't know.
Speaker 2 (01:10:02):
No, I mean, I mean, let's be honest. I mean
I feel bad for them. I feel really bad for them.
I almost think it's an invasion of privacy. I mean,
I know you're at a show, and I get all
of that, but at some point, destroying somebody's life, you know,
I mean, you gotta feel about you gotta feel bad
about that, don't you.
Speaker 6 (01:10:18):
Yeah, I definitely. I don't like the way that it's unfolding.
Speaker 19 (01:10:23):
And I think everyone just has to remember that there's
like children involved in families and yeah.
Speaker 2 (01:10:30):
Exactly listen. I got to know because it doesn't come
out until August. But was Chris Him's worth any good
on the drums?
Speaker 17 (01:10:36):
It was great.
Speaker 6 (01:10:37):
It was really really good.
Speaker 11 (01:10:38):
Yeah.
Speaker 19 (01:10:39):
And the first time I saw him play drums, I
was like, I don't know if this is going to
work out Trump rhythms. You can't really rhythm. It has
to sort of be within within you. And he learned
it and it was it was great. I was really
really impressed with him, and I hope I hope he
carries it on because I think music is really good
for the soul and I think he realized that and
(01:11:03):
enjoyed it. But yeah, we had a great time. I
really like that guy.
Speaker 8 (01:11:06):
Man.
Speaker 19 (01:11:06):
He's like they're in the entertainment industry, you know, you
meet people all the time and.
Speaker 6 (01:11:14):
They're all right, and you meet.
Speaker 19 (01:11:16):
Sometimes you meet people who you like, really bond with
as humans, and James Blunt is someone like that who
I genuinely like as a human being, like, regardless of
career and songs. I just like spending time with him.
And Chris is very much like that. And I'm grateful
to when we did all that stuff and he came
Suffolk to learn the drums and stuff. Now I he
(01:11:38):
got to hang out with I've hung out with his
family before, He's hung out with my family, and I
feel like that's almost more important than just doing something
cool for the Discovery Channel, you know, actually having having
a bond with the human being that works within the
same space that you did.
Speaker 11 (01:11:54):
Well.
Speaker 2 (01:11:55):
A lot of people like hanging with you as well,
and that will be happening and next year when you
come here for your big stary so it's a thrill
as always to catch up with you. Go, well, appreciate it.
Maybe we'll catch up when you're here in twenty six.
Speaker 6 (01:12:06):
Thank you man, nice one.
Speaker 2 (01:12:09):
So there he was, Sharan. By the way, Limitless is
the program, the Hemsworth Program, and I'm almost certain it's Disney.
It's National Geographic, but it's through Disney and that comes
out in the middle of next month, eight twenty one.
Speaker 1 (01:12:21):
The Mic Hosking Breakfast with a Vita Retirement Communities News
Togstead be.
Speaker 2 (01:12:27):
Now we've mentioned Autonomy Health for a couple of months
now and they're basically the reason they're so good is
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dot health, and start your early wins to day oscy
like I agree with the comments regarding kiscam. The other
thing is, as the public, we don't know where the
relationship was at. They could have been in the process
of separating yards and children to somewhere the other day.
Apparently both those people were ad separated from their parts,
and so you know, we don't know where we go,
but it doesn't stop us turning it into one of
the biggest stories of the world. Mike, my daughter was
(01:13:57):
an a pub in Cambridge in twenty eleven. That was
a young redhead Chap sitting in the corner playing as
Guitarsh emailed me that night tunes out it was I shure, Mike,
I love so just like that back in the day,
but even I find it difficult to watch. It's so cringe.
I hang in there for the fashion and the shots
of New York and that's exactly what I've decided. What
(01:14:19):
that program is is a love letter to New York.
And because New York's one of my favorite cities in
the world. I love people that love their city, and
so it's a love letter to New York. It is
also a love letter to fashion and the fashion and there.
The styling on that program is next level. And also
Sarah Jessica Parker, who's been on this program a number
of times, is a delightful human being. And so once
you've made that connections, you play favorites, don't you news
(01:14:42):
for you In a couple of moments, boy, Britain's busy
at the moment. This epping thing is I mean, that's
not like migrants, a new and migrant hotels and new
but this epping protest has got really angsty. So Rod
Little after the News, which is next here at news Talk,
said be the.
Speaker 3 (01:14:58):
Only report you need.
Speaker 1 (01:15:00):
I like your Day, the my costume, Breakfast with a Vita,
retirement communities, Life your Way, new toy said.
Speaker 2 (01:15:07):
Greg Early was telling us at the start of the
show about the Terraff hit to the I mean, it
was all exciting yesterday in Japan because they got the
big deal through the Americans. You know, there's no real
detail on the deal, but nevertheless they got a deal
through and everyone thought that making a car in Japan
was worthwhile again, so the market went through the roof.
Not so for the American cars. They they were having
a hell of a time STILLANTIS five billion dollar hit,
a GM one and a half billion dollar hit. This
(01:15:29):
is all Terrraff related so far. Hasbro who do the
toys and the games, Magic, the Gathering, I've never heard
of it. Do we know what that magic? Is that
a thing? Okay, so Magic, the Gathering and Monopoly go.
They're they're big sellers. They came in with there they
made nine hundred and eighty million dollars. Is that good? Well,
not really because they lost nine hundred million dollars, so
they're losing money. So you're making toys and you're losing
(01:15:49):
money why because of the one billion dollar charge that
they put us sid up with the teriffs. So a
toy company one billion dollars worth of business just because
try work up twenty three minutes away from.
Speaker 1 (01:16:02):
Nine International correspondence with ins and eye insurance.
Speaker 3 (01:16:06):
Peace of mind for New Zealand business.
Speaker 2 (01:16:07):
They must go to Britain forthwith Rob little morning Mate.
Speaker 3 (01:16:10):
Good mor yipping.
Speaker 2 (01:16:12):
How tinderbox esk is all of this.
Speaker 11 (01:16:17):
Fairly tinderbox esque in that there will be copycat riots
across other parts of the country. I think, I think
what you have to remember is that the Epping protests
weren't just hooligans. You know, it wasn't hooligans. It was
genuinely the people of Epin. You saw rather well brought
(01:16:39):
up middle class women, you saw company directors. Everyone was there.
They just don't like it in the country doesn't like it.
But the biggest scandal at the moment is that there
was a counter protest by thirty or forty members of
Stand Up to Racism, the left wing organization, and the
(01:17:00):
police let them off the train and drove them, escorted
them to where the protesters were as remarkable.
Speaker 2 (01:17:11):
They defend all that inside and we just it's balanced.
So they've got reputational issues.
Speaker 11 (01:17:16):
They've got real reputational issues. The Chief Constable of Essex
has said he's not going to resign leave us the
same Nigel Ferrar says he should resign, and so quite
a few other people. A big article about it in
the Daily Telegraph today. But it reinforces that worry, especially
over this issue of a two tier legal system whereby
(01:17:40):
the left gets treated rather kindly and those who are
seen to be on the right get locked up. It's
pretty bad. It wouldn't surprise me if in the end
the guy does go. This is a guy called Ben
Julian Harrington.
Speaker 2 (01:17:59):
By the way, Okay, I want to get back to
politics in a couple of moments, because some interesting things
have happened. But to Ozzie's been the big news. I
mean he's big news all over the world. I get it.
But and reading the British Persson in the last twenty
four hours it seems he was godlike in Britain. I
mean the coverage has been astonishing. Is that fair?
Speaker 1 (01:18:15):
Yeah?
Speaker 11 (01:18:16):
I think. I think what he does is he cuts
across a number of generations and a number of genres.
If the Ossy Osborne view I was familiar with as
a twelve thirteen year old had died, I don't think
many people would have taken much notice, apart from in
the heavy metal community. But he transformed himself from being
(01:18:38):
a kind of a dark lord of heavy metal with
all this cult rubbish and so on, into being a
national institution, a kind of clownish national institution, for one
who seemed to be a good guy and on the
side of good guys. So I think it's more for
(01:18:59):
that than for perhaps his musical accomplishments that everyone is remembering.
That being said, I know a few people who really
really rate the first three Drag Sabbath albums. I can't
say unnecessarily one of them, Mate.
Speaker 2 (01:19:14):
What you will be writing? I know as the Lion is,
I can't remember. Is it Germany or Spain in the
final I've forgotten?
Speaker 11 (01:19:22):
I think we find out, don't we find out tonight? Yeah?
Speaker 2 (01:19:25):
I think I think the two to either Germany or Spain,
the important point being they beat Italy. Are they good
for the whole whole thing or not.
Speaker 11 (01:19:36):
They haven't been as impressive as they were the last
time they won the tournament, but they are incredibly resilient
and incredibly tenacious. Twice they've come back from the dead
to win. There's been a bit of luck involved as well,
but you need luck to win tournaments, something which has
eluded to male team for the best part of sixty years.
(01:19:59):
The other the other thing, of course, is that they
have said very boldly and been criticized for it, they're
not going to take the knee because they feel it
a futile and silly gesture which does nothing to fight racism.
And suddenly I was converted to their course, having not
(01:20:20):
watched much of the Women's Euros, because that the way
they explained it. They said, it just doesn't do anything.
It's just merging signally. I really approved of that, and
you know, they may well get scapped down by their
own essay.
Speaker 2 (01:20:36):
Yeah exactly. Hey, just a couple of quick things I've
been reading about. Just want your expertise on bed not
reshuffles Clibally's back. Does any of that make any difference
to their prospects or not?
Speaker 11 (01:20:44):
No, I don't think it does. Yet. There's a bit
of a few more interior appointments where it looks as
if she's getting new advisors closer to number ten, closer
to the leadership office. But I don't think that bringing
James James Kraby has done rather well over the last year,
(01:21:07):
so as Robert Jenrick. You know, they've been the two
people who kind of says Chris philm and those are
the ones who've been rewarded. She needs, she needs to
find something else and find it quickly if they are
going to be a force.
Speaker 2 (01:21:23):
Well, what she won't hear is Laura Anne Jones is
out of Wales, who is a conservative though, who depicted
to Reform. Is there something brewing on Reform that you're
just going to get a whole lot of people going
the other winning side. And I'm on.
Speaker 11 (01:21:33):
Board, Yeah, I think so. My guess is that Reform
have staked out and agreed with a whole bunch of
politicians as to when and where they defect. I'm fairly
sure that's the case. And I go from Tim Montgomery,
who's a party member and I heard on the television
(01:21:55):
the other night saying this, we've got some big names
about to come over. So they've got all this stock
of conservative names and they will release them as and
when it's advantageous to them. They really do hold the
whip hand at the moment.
Speaker 2 (01:22:10):
Okay, make we'll catch up next week. Appreciate it, Rod
Little Lee football's on now. Germany of v Spain heading
to extra time just quickly before we leave. They're borrowing
was higher last month than they thought again, so they're
not paying their way, which means there's more pressure on
Rachel reeves and that means there's more tax prices coming
or tax rises coming. The cost of food has gone
up significantly. If you think our food price inflation the
(01:22:32):
other day was bad, theirs was five point two, so
that's no good. And brew Dog, who's one of the
biggest craft brewers in Britain. They're closing ten pubs as
of about now, Aberdeen, Dundee, Leeds, Bright, Oxford, Sheffield, York
and three in London. Started back in two thousand and
seven by a couple of fishermen. It's all needed in
Teas sixteen too, the.
Speaker 1 (01:22:53):
Mike Asking Breakfast Full Show podcast on iHeartRadio powered by
News Talks at be.
Speaker 2 (01:23:00):
Much anticipated Tesla earnings have just been released. Earnings are
down twenty three percent. Revenues are down twelve. There's storage
departments down seven. The credits, those are the credits that
they you know, they get credits because they're an EV producer.
Other companies buy the credits carbon credit stuff. That's down
fifty one percent. Biggest revenue drop fifty one percent in
a decade. Their margins are up if you're interested in that.
(01:23:23):
They they're making more per card than they were and
they've started or about to start the cost on this
their so called low cost car, whatever that means. By
the way, speaking of cars, I note the other day
that I told you this at the time MG. I mean,
it's not just New Zealand's the world, but MG, which
is I think gly owne MG these days. Anyway, if
you look at what MG is now versus what MG
(01:23:45):
once was, MG once was just Britain all day long.
Speaker 14 (01:23:49):
And now it's if to be every second car I see.
Speaker 2 (01:23:51):
No, that's wrong, Glenn. It's completely and utterly one. You
could not be more wrong. They sell no cars in
this country at all. It's been a disaster. I see
heaps of them. You've got to get out of your block.
Stop going around around your block. You live in a
cul de seck, he drives it in a cul de sac.
He sees the same cars over and over again. Anyway,
they're set to pivot. What are they going to pivot
to hybrid first? Quote unquote hybrid first?
Speaker 3 (01:24:13):
Why?
Speaker 2 (01:24:13):
Because all they had in this country, unfortunately, was ant
EV and no one wanted to buy the evs. Let
me give you actually doing while you.
Speaker 21 (01:24:19):
Say that, so they're actually pronounced by is it pronounced.
Speaker 14 (01:24:22):
Sayak or do you just say saic.
Speaker 2 (01:24:25):
Sk? Yeah's sayek yeah? Is that they're not jealing? Okay?
So saik's gone first half of the year. So for
six months of this year, there were three thousand, six
hundred and seventeen fully electric cars sold in this country.
Now you go, is that a lot? And the answer
is no, because Toyota alone sold four and a half
thousand revs. So just one model of one company sold
(01:24:46):
four and a half thousand versus the entire EV stock
of this country three thousand, six hundred and seventeen. What
was the most popular EV in this country? The answer
to that was the why Sydney. So it's a question
and a model.
Speaker 14 (01:24:59):
Ha, I'm completely confident that nobody's ever made that joke before.
Speaker 2 (01:25:04):
Okay, six hundred and thirty six. So the most popular
EV over six months in this entire country only sold
six hundred and thirty six cows. I'm looking for your
car here at Glenn, your MG, I see.
Speaker 14 (01:25:16):
You know, just clarify, it's not mine.
Speaker 2 (01:25:18):
I don't know, no, I know it's not yours, but
you see them everywhere. Well, the second most popular was Pollstar.
It's three eighty three, the by DT O three three hundred,
the Model three, Tesla one eighty, the Dolphin one fifty four.
Number six is the c Lion seven, which is a
by D seven is the EV five. The key of
one two three eight is the EV three, the key
(01:25:39):
of one O three. There's not even the top ten gLing.
We're down to number ten, which is the BMW. They're
buying more BMW's than they are MG's.
Speaker 21 (01:25:47):
Well, I wasn't necessarily talking about just the evmgs.
Speaker 14 (01:25:50):
Oh, I see what because there are hybrid ones and
there are pictures.
Speaker 2 (01:25:54):
Well you get your caroline limiting are they? Ah?
Speaker 21 (01:25:58):
I looked, I looked at the MG when I was
buying my last car.
Speaker 2 (01:26:01):
Did you how long did you look at it?
Speaker 8 (01:26:02):
For?
Speaker 14 (01:26:03):
Not very long?
Speaker 21 (01:26:04):
Because I did the math on the so I was
in the in the market for a hybrid, Yes, and
their hybrids were less economical than many other full petrol.
Speaker 2 (01:26:14):
Well that's well done exactly. And see you're a bright
you're a sharp customer. And just because you say the
word hybrid doesn't mean it means anything, doesn't mean a thing.
All you have to do is sick a tiny little
battery in a car that does next to nothing. You
go so hybrid, and people go, oh, hybrid, and that
will save me a lot of money until you do
the math and it doesn't. But anyway, if anyone else
sees an MG because there everywhere apparently, let us know.
(01:26:34):
Nine away from nine.
Speaker 1 (01:26:36):
The Mic hosting breakfast with the Landrover Discovery News toms
Head been now.
Speaker 2 (01:26:41):
Be into win your fair share of fifty thousand dollars.
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eighteen and over asking Mike, you're annoying and funny at
the same time. Mother used to say that in New
Zealand Mike mg sales have shown significant growth with the brand.
Now he comes to the marketing department. Thank you, sir,
with brand securing a top ten position in the overall
market in the first quarter of twenty twenty five, mg
aceved seventh place in the year to date newcaar sales
fourteen hundred and eighty nine registraction.
Speaker 14 (01:27:45):
I am in dting MgO right.
Speaker 2 (01:27:48):
So so right. If you want to see a video,
I watched a video yesterday at the Aston martin Vanquish, Valente,
which is I don't even think it's out yet, but
they autocard did it. Oh my god, through the beautiful
backstreets of rural England. Extraordinary to watch five minutes away
from nine.
Speaker 3 (01:28:05):
Trending now with chills, great savings.
Speaker 2 (01:28:10):
Every day we've got freezing gate back. Remember McConnell, So
this time it's John Kennedy. He's the Louisiana Senata. He's
on with Larry Cudlow, whose looks about one hundred and
seventy three. Anyway, he came down with a bad case
of the Mitch McConnell's.
Speaker 24 (01:28:26):
I'm sure Jesus loves them, but everybody else think everybody else,
So I guess we have some more technical problems. That
was the same thank as we last with Sanator around Paul.
Speaker 2 (01:28:45):
There wasn't any technical problem. He just stopped talking and
he froze.
Speaker 21 (01:28:49):
I assume that sound in the background as his steam
powered brain.
Speaker 2 (01:28:53):
I'm not sure what about the electric Mustang I was.
It's funny you should say that I was a car
dealership the other day looking for a car for our daughter,
which we got, which wasn't a Mustang. I hastened to it. Anyway.
I saw this electric Mustang, and previously on the show,
I said, whoever designed the electric Mustang should be shot,
And I've now changed my mind. In the right color,
(01:29:16):
it's okay. I mean I wouldn't obviously be seen dead.
Speaker 21 (01:29:19):
I mean they just shouldn't have called it there. They
should have called it something else, because it's not a Mustang.
Speaker 2 (01:29:23):
Right exactly. It's exactly what it isn't the same way
that the modern the modern MG is not an MG,
the same way the Mustang that you know and love
is the modern that is not the same thing. Be
authentic or go home. It's my party message to other day.
Be authentic or go home. Back tomorrow morning.
Speaker 1 (01:29:56):
For more from the Mic Asking Breakfast, listen live to
news Talks at B from six am weekdays, or follow
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