Full Show Podcast: 24 June 2025

Episode Transcript
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Speaker 1 (00:00):
Your source of breaking news, challenging opinion and honored back
the Mic Hosking Breakfast with a Veda Retirement Communities, Life
Your Way News, togs Head being welcome.

Speaker 2 (00:11):
Today with golden visas to hit the applications and the
money are flowing. Capping rates and scrapping councils seems real.
J Shane Jones Ways, and we go back to the
banks this morning from all of this business of the
drop off in some sme lending and whether they're making
life too hard for a Scott Robinson and after eight
for a word, Catherine Fields in France ahead of NATO,
rob Lytle covers off the UK beautifully husky, Welcome to

(00:33):
Tuesday morning, seven past six. So, having looked at every
council in the country and depending rate ridss, we're all
going to have to pay a couple of inescapable conclusions
are to be drawn. One we need central government to
cap rates. Two we need fewer councils if you were
to roughly use inflation as a guide, which is what
they should be doing. Why Tomo is the only council
in the country. Of all the councils seventy plus of them,

(00:54):
the only council in the country to get under the
wire at two point nine three percent, So congratulations. Now,
I'm sure wherevery council could and would mounta an argument
as to why whatever it is they've come up with,
whether it be the twelve point nine percent in Taranaki
or the fifteen point five percent in Hamilton, is in
some way, shape or form justifiable. A lot of it
will be historic, they will tell you. In other words,
of previous councils had done their job and fiscally prudent,

(01:16):
the work being undertaken today would not be the current
burden it is, but a lot of it, if you
a doge like or brutal, would not in fact be
needed at all. Councils have become fifdoms. They have entered
areas they have no business in. But, like so much
in life, once you've ventured, there is no turning back.
Apart from the specific like the Otto hung A nine
point seven Sex or the Central Otago twelve point four,

(01:39):
you also have the more general impact. In other words,
you are adding cost to the economy. You were charging
fixed income folk. You don't have the money. What you
were doing is inflationary. None of us had the ability
to simply add more charges. We don't simply get the
pay rise we want or up our hourly rate to
the poor sap with servicing. Life isn't like that we

(01:59):
cut our cloth? Could we buy more?

Speaker 3 (02:01):
Do more?

Speaker 2 (02:01):
Spend more? Because we're could, But we can't unless you're
a council. And even if a council, any council could say, oh,
look look at what all that money got you look
at the gold plating and the shiny baubles and tens
of thousands who have flocked to our region because of
our expenditure. But they can't say that because none of
that's happened. Fifteen percent doesn't buy you utopia. It merely
sets you up for another fifteen percent next year. Because

(02:23):
councils know a sucker when they see one, So cap
those rates. Can those councils. It might well be the
most popular thing the central government does in three years.

Speaker 4 (02:31):
Why news of the world in ninety seconds, Well, it's.

Speaker 2 (02:35):
The war, the new one. It may be that Iran
is attacking Iraq and Qatar as we speak, the Britze
busy and the de escalation business.

Speaker 4 (02:43):
We're at war.

Speaker 5 (02:44):
With Iran's nuclear program.

Speaker 6 (02:48):
We're not at war with the Iranian.

Speaker 2 (02:50):
People while we're in Britain. The Lobdoms aren't actually a
fan of any of this bombing business.

Speaker 7 (02:54):
Instead of bringing security, Trump and Neettan Yahoo's unilateral actions
have increased uncertainty, risk of a full scale regional war.

Speaker 8 (03:02):
Yeah.

Speaker 7 (03:02):
Well, their belief that might is right both further erodes
the real based international law to and undermines the prospects
of containing Iran state Tired.

Speaker 2 (03:11):
The President posed the question yesterday, of course about regime James,
So Miss Caroline came out today, gave that a sprute.

Speaker 4 (03:17):
I refuse to engage in diplomacy moving forward.

Speaker 8 (03:19):
Why shouldn't the Iranian people rise up against this brutal
terrorist regime.

Speaker 9 (03:23):
That's a question the President raised last night.

Speaker 2 (03:25):
Meantime, JD muddy the waters a little bit, given we're
getting varying descriptions now just how obliterated the Iran nuclear
program might be.

Speaker 10 (03:33):
I think that we have really pushed their program back
by a very long time.

Speaker 11 (03:37):
I think that it's going to be many, many years
before the Iranians are able to develop a nuclear weapon.

Speaker 2 (03:43):
While we work out where all this goes, the oil
price is fun to.

Speaker 10 (03:46):
Watch because of the tariff policies of the United States government,
and then the retaliatory tariffs that are threatened or are
coming in place that everyone's on tenor hooks anyway.

Speaker 2 (03:56):
Yes, and of course the oil price has come down
significantly more. With Andrew in a couple of moments back
in Gaza, which is related but also separate, there are
quite a few people quite worried.

Speaker 5 (04:06):
It says we're going two places world War three, which
is maybe in Russia or China will enjoying or we
will actually just obliterate Iran. And they were just surrender,
what's your things?

Speaker 9 (04:21):
Nice?

Speaker 4 (04:21):
Like?

Speaker 12 (04:21):
Okay?

Speaker 5 (04:22):
World War three.

Speaker 2 (04:23):
Finally, Walmart and Target they're taking a dough style approach
to a problem everywhere new rule. You take the supermarket
trolley off the premises, they're going to find you forty
two hundred dollars go. Then they both lose between them
a couple of million trolleys a year, and that cost
them three hundred million to replace him as News of
the World of ninety. Yeah, so in the last hour

(04:43):
or so they've had a go at the Iranians at
Qatar or Kuta us and UK. Funnily enough, when arrived
at work this morning about three o'clock, the US and
the UK had told the citizens in Kata to shelter
in place until further notice, and everyone was going, well,
what's that about, And they were using the line abundance
of caution. I obviously knew what was coming. Ironically, in
Bahrain and Qatar cutter in the embassies, the US and

(05:06):
British embassies, they are in a quote unquote duck and
cover position, so they're exercising increased caution. So it's unfolding
as we speak, and we'll keep you update. Obviously. Twelve
past six.

Speaker 1 (05:21):
The Mike Asking Breakfast Full Show podcast on iHeartRadio call
it by News Talk Zippy.

Speaker 2 (05:29):
Getting the first reports is from the Atlantic that they're
looking to get the eye Tolraw. He's in a bunker
cutting himself off from the rest of the world AT's age.
I mean, this is not new news is They've been
thinking about that for a while. As regards the Strait
of Hamus, the US has asked China to try and
convince the Iranians not to do it. The Iranian parliament
have voted to do it, but they need the oldest
ab give it the go ahead. China may find value

(05:54):
in the chaos. I thought was an interesting line and
reported to this morning fifteen past.

Speaker 4 (05:58):
Six, She's just gone Dad.

Speaker 2 (06:03):
Jmo Old Andrew Callen had very good morning to you.

Speaker 3 (06:06):
Very good morning, Mike.

Speaker 2 (06:07):
No one really is interesting, isn't it. Can I just
tosk my three cents in here. We've seen this before,
and I think Iran's a busted flush and the world
is seeing that. Hence you're not seeing quite the alarm
that some would have predicted.

Speaker 3 (06:20):
No, No, in fact, I got you know. So this
is the first full trading session we've seen since for
the global market, since the US took that military action.
And I got up very early this morning, Mike, because
I was fascinated to see what had happened. And the
thing is changing so quickly. I mean an hour ago
or two hours ago, I was sort of saying, it
looks the reaction of the market looks I was calling

(06:41):
it muted and controlled, and it was very much giving
off a sort of a weight and sea vibe. And
at that stage, you know, the US share markets were
cautiously higher. But then we've had quite a bit go
on in the last couple of hours, because when the
first news broke that there was this credible threat to
US military bases in the Middle East that did push
markets low are and that is testament to the fact

(07:02):
that what we're going to see for the next couple
of days, I suspect is very much headline driven market activity.
Really interesting point that might that doesn't seem to be
signs of panic. There's a degree of nervousness, lots of
commentary about the issue simply not being resolved yet. But
obviously the key commodity for markets is oil, and this

(07:22):
is we are now going to give you the good
oil on oil market. This is what's going on. Okay,
so the market was nervous at a priced priced oil
a little bit higher, but really, I mean it's spiked
eighty bucks on the open for brank crude. But actually
we saw oil higher earlier this year. It was higher
than this in January. What has happened, though, is that

(07:42):
now that we've had these these basically these missiles going
towards the US base, is we've seen the we've seen
the oil price collapse. And this feels counterintuitive, but the
reason for this is that the key concern was that
the Iranians target oil infrastructure. You just talked about the
straits of horn Moss. Their first salvo, shall we call it,

(08:05):
their first retail reaction hasn't targeted oil infrastructure. What that
is giving the markets, it's giving them. It's giving them
confidence that they're not going to do that, and hence
there's no need to price that premium into oil. So
oils come down and share markets have rallied, you know,
quite a bit, just quickly. On the other assets, currencies

(08:26):
normally an important pressure valve or barometer of sentiment. U
S dollar spiked high this morning on the open, but
it's fallen back. Also, that moves Kiwi dollar around, so
push kibi down under fifty nine cents for a bit.
It's back at sort of fifty nine and a half.
We've seen US treasuries, so the other asset that we
look at in times like this, you normally see a
flight to quality or what sorry, a flight to safety.

(08:46):
We're seeing that evident in the US markets. A ten
year tenure US treasury was up around four point forty
four on look at Friday. It's now at four point three.
Probably also beneficiary of Federals of Governor Michelle Bauman expressing
support for a July rate cut, but plenty going on. Mike,
what I'm interested in here is or what I want

(09:08):
to I suppose one of the messages I want to
get across to people, for people like invest as Kei
we Saber, you've got to take a step back. You've
got to take a step back. The next two days
headline driven it will be chopping. Yeah, the big picture here,
you've got to have a look at that oil. I
was going to talk for a couple of minutes about
the straight of Hornmors and why they wouldn't do that.

(09:29):
You've covered that it's counterproductive for the Iranians to close
the straight up horms because that's where they sell their
oil through, so counterproductive. Market's taken some response that, but
that Mike, there is very much and having a couple
of weeks off to reflect on this, there is what
I call now a nexus of uncertainty. Everywhere you look,
there are issues that we don't know how they're going

(09:50):
to be resolved. So you've got the trade issues, July
nine is looming there, where's the resolution on that? Internal
US politics, it's dynamic, it's fraught. You've got US government
de that has to be resolved. You got inflation, so
kind of right. What I'm trying to do right now
is trying to figure out how all this sort of
resolves without potential can change in between those issues. And
that's probably the big picture thing.

Speaker 2 (10:11):
Fantastic, and that's why we pay you the big bucks.
And what are the numbers?

Speaker 3 (10:16):
The numbers, So yeah, this is just crazy because you'd think,
wouldn't you, that they'd be you know, Mark chairmangs be live,
but they're not. The Dow Jones is up three hundred
and three points. It's up three quarters of percent forty
two thousand, five hundred and ten. The S and P
five hundreds are surged back through the six thousand market.
It's got us up forty four points three quards of percent.
The nazuk even more. It's up almost one percent one

(10:38):
hundred and seventy eight points nineteen thousand, six hundred and
twenty five overnight. The foots y one hundred lost point
two percent eighty seven five eight. The Nicke was down
small forty nine points thirty eight thousand, three hundred and
fifty four. Shang High Composite was up twenty two points.
That's points sixty five percent. The Aussie is yesterday the
Australasian market's lost a little bit of ground. The ASEX

(11:00):
two hundreds down thirty one points, that's about a third
of a percent eight four seven four and the n
S next fifty lost point to twenty nine of a percent,
closing it twelve thousand, five hundred and thirty two. So
Kiwi dollar sitting us set around the mid fifty nine
point five nine six one point nine two four six
against the Aussie point five one five six Euro point
four four one one against the pound eighty seven point
twenty seven Japanese yen gold three thousand, three hundred and

(11:22):
seven hundred dollars and say brink crewed seventy two dollars
and thirty five cents, and it was eighty bucks earlier on.
So hey, never a dull moment, though, Mike.

Speaker 2 (11:29):
That is the truth. My hometown treating you well.

Speaker 3 (11:31):
It is everybody's crowing down here about the Crusaders. I
gave a presentation yesterday which I cunningly managed to extend
past the timing of the parade so nobody could go
and watch it.

Speaker 2 (11:44):
Good on you, mate, Go well and I'll see you tomorrow.
Andrew Gallaher, Jamiwell dot Co. Dot and Z must get
watch Virgin today they're listing on the ASX. That'll be interesting.
Interesting time to float an airline. I would have thought
record house prices in America this morning. One point five
four million houses available at the end of May. That's
an increase, so there's plenty of supply. Median prices up

(12:04):
though twenty seven days versus twenty four to sell from
a year ago, so they're setting records and prices in
the American housing market. Sex twenty one air News Talks
had been.

Speaker 1 (12:22):
Love Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at B.

Speaker 2 (12:28):
I flew home from Malta Cypress Dubai yesterday, took two
days of hold up to dodging war zones. Arrived at
Auckland and the bloody drawbridge won't work. Two hours on
the plane before getting towed onto the Apron distant barked
via the old fashioned way, happy to be home, but
really after seventeen hours from Dubai, two hours stuck on
a plane due to technical problems with the air bridge. Well,

(12:48):
I was telling me the other day Auckland Airport and
some sort of measure the other day came out suggested
things have improved markedly at Auckland Airport. But I mean
you got to this is real. I mean the Kataria
space is closed. There's a daily flight out of Auckland
from here to Doha, so you'll need to be ringing somebody.
Sex twenty five.

Speaker 1 (13:06):
Trending now with Chemis's Warehouse the Real House of Vitamins.

Speaker 2 (13:10):
Just to show you the world does continue to term.
Not everyone, even on the Hill, as in Washington's Grip
by the Wars. Democrat Hack Johnson, he's the congressional wrap
for the fourth district in Georgia since two thousand and seven.
He's busy. What's he busy doing?

Speaker 8 (13:22):
Oh?

Speaker 2 (13:22):
Black Music Month, He's he's giving Hey Joe a crack.
So he's decided to change the lyrics. And I think
the guitar could be an issue too.

Speaker 4 (13:36):
Hey Trump, where you going with that gun in your hand.

Speaker 11 (13:54):
On the street?

Speaker 13 (13:55):
Shootdown democracy?

Speaker 2 (13:57):
Anyway? Speaking of Trump, he's going to be late to night.
NATO starts tonight our time in Europe where Catherine is,
so we'll go to her in the next half hour
of the program. Lux's there as well, of course, And
the question is not only does he arrive late, but
is he going to leave early? And what do the
Europeans make of this? It's an interesting dance at the
moment around the world as to who's all on board

(14:18):
with the Americans versus who's a bit circumspect about the Americans,
who versus who's a bit sort of against the Americans.
Shane Jones is on the program after the news so
we've got to get to that. There is a bill.
I don't even know that this is a big thing, Napho.
If you haven't followed the white tangy circus, nap, who
are you one of the great holdouts that there's split
there's factions within factions and it's one of those deals.

(14:38):
It hasn't been done. So there's a bill being drafted
to just do a one stop shop. We'll talk to
him about that briefly. But more importantly, I would argue,
is this business of capping rates and killing regional counsels.
He seems to be driving this and from what you
heard from the Prime Minister yesterday on this program, it
seems to be real. It seems to be a thing.
So Shane Jones on that after the news Week Chiers.

Speaker 1 (15:00):
Next the news and the news makers the Mic Hosking
Breakfast with the Defender actor the most powerful Defender ever made,
and news togs'd be.

Speaker 2 (15:12):
Headline this morning. Could this be the most significant of
NATO since the Cold War? Captain Field on that in
a couple of moments many time back here at twenty
three to seven. One of the last cabs off the ranking.
The seemingly never ending treaty settlements process is that of Napui.
The group is split, has been for years, and New
Zealand first currently drafting a bill that requires only one
settlement with them. Shane Jones is with us on this
shamee morning to you.

Speaker 4 (15:33):
Yeah, morning, folks, could be.

Speaker 2 (15:35):
A deadline imposed. Do you remember Bolder They had this
idea that we imposed the deadline you file your paperwork.
We sought this out once and for all, andfo we've
done that, we wouldn't be here now, Is that fair?

Speaker 8 (15:45):
Yeah?

Speaker 13 (15:45):
Look, we've reached a point where we can no longer
afford this hampster reel politics seton apool. He has descended
into our bill will ensure that HAPU sovereignty never gets
to mention undivided sovereignty. Undivided citizenship is what I believe in,
and more importantly, we cannot pay any longer after squander

(16:08):
well beyond twenty million dollars on the scarmple. He claim
we've tolerated cliche claptrap about sovereignty and it's about time
a line was laid down and our bill will do that.

Speaker 2 (16:20):
Is the twenty million we've spent, has it got us
anything at all?

Speaker 13 (16:25):
Absolutely zero people have perished. What we've ended up doing
with that money is rewarding consistently bad behavior where a
small group have actually distorted the prospects of the entire North,
and they seem to believe they can continually rehearse these
arguments and there's no financial implications. While I'm sorry, we're

(16:47):
struggling to build the oneer A hospital in a time
frame that suits the faring and a citizens. Meanwhile we've
got a tiny group up there lecturing the rest of
the nation and now introducing notions of sovereignty to hide
the claim. Well we're not. The taxpayer should not be
paying for such madness. And quite frankly, the Ken of
New Zealand politics Chippy waiting and saying that he would

(17:10):
sign a settlement that acknowledging our puis sovereignty that on
that point alone, the man should be ruled out of
public life forever.

Speaker 2 (17:18):
If the bill comes up and passes, does that potentially
from the Pouhi's point of view mean ideal, they won't
sign it.

Speaker 13 (17:24):
Well, we've got precedents. No one wanted to sign the
fisheries settlement that Bulger did in nineteen ninety two, and
indeed labor didn't even vote for that, so there are precedents.
I mean, how long do the taxpayers want to keep
paying money into an area that's already bleak in terms
of economic prospects and rewarding perverse behavior that gets actually

(17:46):
more in my view, in my view, dismissive on the
rest of society. At each White Hockney celebration in February.
Now we're bringing it to a head. There'll be no
Hapou sovereignty. There'll be no more indulgence of this sovereignty
clap trap, and people will come into the real world
because the settled claims we have to use taxpayers money.

(18:07):
And unless you notice, that's in short supply.

Speaker 11 (18:10):
Mate.

Speaker 13 (18:10):
We've had the Afghan War, we've had bricks that, we've
had the Iraq War, and still these muppets are arguing
about irrelevancies up home.

Speaker 2 (18:18):
Just quickly, you speech last week on regional councils. I
thought you were being you, but Luxon was on the
program yesterday. This seems real. You will scrap regional councils.
You may well cap rates as it is real.

Speaker 13 (18:30):
Oh and I've said all along that as the Regional
Development Minister, I've learned to my costs that we do
need a rationalization of local government, in particular regional government.
Obviously we have to take that issue to the next election,
but we've got our party conference coming up. But we're
going to have robust treatments that change the trajectory of
our nation. We're not going to sit around indulging all

(18:53):
of this, all of this wocus and which is driving
us broke.

Speaker 2 (18:56):
Appreciate your time, Shane Jones, New Zealand first MP, Regional
Affairs Minister and then for mining et cetera. It does
give you. And this goes back to my comment yesterday
just briefly that in all the polls that have been
out in the last couple of weeks, there's been a
consistent performer and it's those guys. And perhaps from what
you just heard You Can See Why nineteen two the.

Speaker 1 (19:14):
Mic Hosking Breakfast Full Show podcast on iHeartRadio powered by
News Talks a B.

Speaker 2 (19:21):
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Pasking Lol, the Ken of New Zealand politics here. I
heard there's very clever. He's always got a good line.
God bless Shane, love him, Mike. My sixteen year old

(20:26):
daughter just did Street Smart at Hampton Down's best investment
ever and I'm pleased to hear that anything I mentioned
it earlier in the program. If you, mister Tony Quinn
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So I'm glad. I'm glad your daughter enjoyed it in the past.

Speaker 14 (20:44):
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Speaker 2 (20:50):
All hyes globally are going to be on the center
of Europe. And Catherine Fielder is here. Catherine, morning to you,
Good morning mate. I'll deal with Nator in just a
couple of moments as regards what happened over the weekend
with the the B twos and all of that sort
of thing. Who's saying what so far?

Speaker 15 (21:04):
Well, up until a few hours ago, Mike, the general
response across Europe to the US attack on those three
nuclear sites over the weekend, with no condemnation of US actions,
but no congratulations at the same time, just as sort
of a preoccupation with events. However, just a couple of
hours ago, French President's Manuel Macron, who's meeting Norwegian prime minister.

Speaker 9 (21:29):
Both of them came out and questioned.

Speaker 15 (21:31):
The legality of those of those attacks.

Speaker 9 (21:35):
Certainly they said that there was a legitimacy.

Speaker 15 (21:38):
But it wasn't sort of legal in international law, and
both of them calling for return to negotiations and a
plea for de escalation and enter the spiral of chaos.
Of course that comes with the fear of some sort
of retaliation blowback, not just in the Middle East exactly.

Speaker 2 (21:58):
So the headliner read this morning, could this be the
most significant NATO since the Cold War? What do you think?

Speaker 15 (22:06):
Well, I guess it all depends who turns up, doesn't
it make? I mean, it was meant to be two
days to focus on defense spending. The thirty two members
would turn up to discuss the future of NATO. Who's
going to turn up, Will Donald Trump still turn up?
Will the focus be on Europe or will it be
what's happening in the Middle East. It's so much all

(22:28):
up in the air now. They in fact, people are
looking at the NATO summer preparations there. But at the
same time I have to tell you, Mike, all eyes
in Europe at the moment are on the White House.
Everyone is sitting and waiting to see what the US
president will do, will retaliate, what he will say. And
for those who are perhaps looking about further away, this

(22:51):
big question of these attacks, these ballistic missile attacks against
US bases in the Middle East, is it just a
symbolic tang or the start of something far more serious?
And one of the interesting things that's come up like
is that it will have a major economic effect. Of course,
Middle East dohadd buy major airline, commercial airline hubs. A

(23:14):
lot of those airspaces have been closed down in the
last couple of hours.

Speaker 9 (23:17):
This will have an economic effect.

Speaker 2 (23:19):
Of course, you're hitting the height of the tourist season
and you're part of the world.

Speaker 15 (23:23):
Of course, of course Europe has been having this bumper
tourist season and it's most usual now, particularly for people
coming from the end of Pacific, they come in through Dohad,
Dubai and all a couple of the other hubs, really
huge hubs in the Middle East and the golf. So
is are we going to see this particular change of

(23:45):
focus that Iran will target those economic.

Speaker 2 (23:48):
Interests is a very interesting point that I've been thinking
about this morning. So if you do NATO, how much
of it's on Iran, how much of it's on Israel,
and how much of it's on Oh hello, remember me Ukraine?

Speaker 4 (23:59):
Good?

Speaker 15 (24:00):
Yeah, Within the last week Ukraine and Gaza have pretty
much gone off the agenda. And just today we see
Zelenski is in the Hague. He was expected to be
going to the NATO summit. He's now not going to attend,
but he's going to go to a banquet with the
King of the Netherlands. So yeah, that's certainly going to
be pushed off.

Speaker 9 (24:21):
But your message is still the same.

Speaker 15 (24:24):
Tone it down, Keep it down, try to keep this
intact and realize that just everyone stay on message. And
that message really has been that Iran cannot have any
nuclear weapons, cannot go nuclear.

Speaker 9 (24:38):
But at the same time, the only.

Speaker 15 (24:40):
Way to get to that is by negotiations.

Speaker 2 (24:43):
By the way, just while we got you Khani, and
so he's joined up in the security defense partnership. I'm
assuming they rolled out the red carpet for him. What
does that actually mean? Is he now a part of
Europe or NATO or something.

Speaker 15 (24:56):
As good a part of Europe as you could get?
Might yet red car treatment galore.

Speaker 9 (25:02):
Part of this is being seen as a snub to
Donald Trump.

Speaker 15 (25:04):
Of course that Carney came to town, got this red
carpet treatment. This partnership has been described by the EU
as giving Canada everything that the Kitchens think this is
political economics, strategic partnership, or we're looking at We're looking
at crisis management, maritime security, bilateral defense initiatives, cyber help,

(25:26):
foreign information interference, help with counter terrorism.

Speaker 9 (25:29):
They honestly, Mike could not have given a non EU
member more than that.

Speaker 2 (25:34):
Fantastic good to catch up. We'll talk soon. Catherine Field
in Europe for US this morning ten to seven, the
Mic asking Breakfast with Bailey's real estate news dogs. There'd
be Mike, oil prices and world recession. How about forteen
missiles fired, forty missiles shut down? Andy, I tend to agree.
I think I said at the very start of this.
And when I say the start of the s I
mean Israel Garza, not what's happened in the last couple

(25:56):
of days. This has been going on for so long.
It's just another booche nobt and we've seen it. And
if you've been around a while, you've seen it before.
And you've seen it before. You saw it before, and
so it goes round. And therefore the alarmism that you
hear in some of the headlines, I just don't know.
I think the market, the market's priced at all them.
They've seen how this unfolds and how this plays out. Mike,

(26:16):
So what's the twenty million that chain spoke up and
been spent on the advocacy gravy trained on. Yes, it's meetings.
Every time these people get together for a chin wag,
there's lunch and food and catering and flights and taxis
and hotels and accommodation. And you do that for decades
before you know you've run up twenty million dollars worth
of nothing. The French laws. I didn't have time to

(26:36):
do it with Catherine this morning, but it's well worth
looking at. It's a world first. They're looking to curb
fast fashion. They're taxing ultra fast fashion brands and they're
banning advertising in France. And I'm being a libertarian, I'm
all for you buying whatever you want. But then again,
I'm just not convinced that Chinese Shean Shine Timu stuff
is doing the world any good. So the Senate almost

(26:58):
unanimously voted to pass this updated version of this legislation,
which was first proposed last year. So it's basically targeting China.
They've exempted Zara and H and M. The companies are
rated according to an ECO score on sixteen environmental indicators,
carbon emissions, water consumption, all that stuff, and the lowest
ratings it's five euros per product up to ten euros

(27:21):
per product. The tax cannot exceed fifty percent of the
product's price. But they're trying to tax them out of existence.
And you know what I think, I'm for it. Five
minutes away from seven.

Speaker 4 (27:31):
All the ins and the outs. It's the fizz with.

Speaker 1 (27:34):
Business Fiber take your business productivity to the next level.

Speaker 2 (27:38):
Now the sensational New Zealand story of a company you
may not have heard of. We have featured them on
the program Halters. Now hlter look them up and see
what they do. It's rural, yet again they are unicorns.
So they are a company solar powered Cowcola Tech basically
guides cattle by sound and vibration and it means farmers
can get rid of fencing. So the startup, they've achieved

(27:59):
at least a billion dollars in financing from capital rais.
They've just raised one hundred and sixty five million in
a funding round led by Bond who also invest in
tech and the likes of their B and B Facebook
and Spotify. That puts their value at the US one
billion dollar mark. If you want to transfer it to
the New Zealand PAYESO, it's one point sixty five billion.
The funding is going to help them expand and double
their employee headcount to four hundred by the end of

(28:20):
the year. They are a great news story, not only rural,
but of course tech. So tech doesn't get enough coverage
because tech is big in this country and there's a
lot of real bright people around the place doing some
wonderful things and they need more stories told about them.
That so congratulations to them. That and the Golden Visa.
Isn't it amazing? Because the Golden Visa is not new.

(28:44):
It was just tweaked. They did a couple of key things,
and all of a sudden, from nowhere come hundreds of
people with millions of dollars and the thing is a
smash it. So just to remind you, you can come in
with five million or you can come in with ten million.
This criteria associate added with each one hundred and eighty
ninety applications so far, and the money is flying. We

(29:04):
got close to a billion dollars worth of investment. So
we'll look at the ramifications of that and whether we've
just got the low hanging fruit or whether there's more
where that came from. Back to the business of banks
and small business lending we started this last week. There's
a concern about banks not lending to SMEs the way
they should be. What's going on. We'll talk to the
banks about that. And Scott Robertson is back for another year.

(29:26):
He's with us after eight meantime, us.

Speaker 1 (29:28):
This next the only report you need to start your
day on my casting Breakfast with Bailey's Real Estate doing
real estate differently since nineteen seventy three, News Togsdad b.

Speaker 2 (29:40):
Only seven past seven, so it turns out the new
Golden visa might just be a hit. So far, one
hundred and eighty nine applications have been filed. That's more
than two months than they got under the previous government
in over two and a half years. The investment pipeline's
about eight hundred million dollars in counting. Marcus Beveridge is
managing director of Queen's Queen City Law And as with us,
Marcus morning, good morning, make under well, And the process

(30:03):
application to acceptance is that working? Do we know yet
or not?

Speaker 16 (30:08):
It's look, it's it's all firing up and going really
really well. And where you know, I predicted a tsunami
of capital into our little economy. It's one of the
few rays of sunshine we've had in all the economic
gloom recently. And honestly, I wouldn't be at all surprised
if we don't exceed ten billion dollars a year coming
through this program, which is the immigration side of the money,

(30:30):
and then often those migrants bring further fund so we
could end up with twenty thirty billion dollars per anum
if we keep going.

Speaker 2 (30:37):
And so I was going to ask, do you reckon
this is low hanging fruit and it's the easy get.
You're arguing, No, there's plenty more where that came from.

Speaker 16 (30:45):
Well, look, there's about they've mapped out about twenty thousand
millionaires move around the world every year. I mean, our
one hundred is peanuts compared to do by recruiting seven
thousand millionaires a year, and some of the other countries,
I mean the States three and a half a thousand,
it'llly two and a half thousand. So our hundred is small,
small potatoes, but there is enormous potential. And with some

(31:09):
of the stuff going on in the globe, there's more
and more reason, more compelling reasons that come down this way.

Speaker 17 (31:14):
So a lot of exciting stuff.

Speaker 16 (31:16):
We're camped out with some developers looking at some downtown
hotels in Auckland. At the moment yesterday we had people
in the office looking at a tourism venture and rotea
ru These projects simply can't get out of the ground
without the sort of funding. So yeah, it looks really exciting,
and I just I just hope it keeps going.

Speaker 17 (31:34):
Some of the rules are a bit clunky, but ah, anyway.

Speaker 2 (31:38):
Well I was going to ask you about that is
we got a twofold thing. One are we seen as
a safe haven? Is that genuine? And or are the
details and what we're offering more beneficial to some of
those other markets that you were talking about or not.

Speaker 16 (31:53):
So, yes, we are seen as a safe haven with
the rule of law and all those sorts of things
and you know, well established legal systemlah blah. But you know,
and Dubai, I think it's just all about being a
tax exempt for a number of years. But here under
this program you get your residency for life.

Speaker 17 (32:09):
So Australia shut the door.

Speaker 16 (32:11):
They've also banned foreign buyers on housing til twenty twenty seven.
The sort of experts out of Sydney seem to think
they've shut the door to the Golden visa for the
next six years. So there's a lot of pent up
demand out of people in the queue over there have
been sitting in a queue for several years and we're
trying to exploit all of that.

Speaker 17 (32:30):
So you know, I mean, if they unleash.

Speaker 16 (32:32):
If they take away the restriction on home ownership, to
which I think will happen, I think, you know, that
just be more and more funds flowing into our comments.

Speaker 2 (32:40):
Is that the clunky but you're talking about, Is that
the major impediment.

Speaker 17 (32:45):
No, No, we don't.

Speaker 16 (32:46):
See it as that much of an impediment because you know,
for the guys who only want to stay three weeks
and three years, they probably don't even need need a home,
and under the OIO rules they can actually buy a
home here in any event.

Speaker 17 (32:56):
So we don't see that per se as an impediment.

Speaker 16 (32:59):
But in terms of industrial and commercial and residential property development,
the way the rules are formulated are difficult and it
sort of pushes people into bonds and shares.

Speaker 2 (33:10):
Right, So the split so far, there's only seven that's
actually been approved. In the money flowed in the country,
five went one way, too went the other five went
for growth, too went for balanced. Is that an issue
at all? It will be what it will be.

Speaker 17 (33:23):
No, You'll end up with several hundred families per around them.

Speaker 16 (33:26):
Eighty percent of them will go into that five million
dollar thing that's growth, and the balance will get the
rest will go into that ten million thing called balance.
But that fact that only that small number is converted
from a couple of hundred families is not a big issue.

Speaker 17 (33:40):
They will all convert and it's just a timing factor.

Speaker 16 (33:44):
Really, because we're expecting quite an explosion of applications over
the next couple of months because it's only been rounds.

Speaker 17 (33:50):
It's the first of April.

Speaker 16 (33:51):
You have to have your pleae, certificates, medical stiff gets
source of funds, all this stuff ready to go and
given to the bureaucrats and Wellington.

Speaker 17 (33:57):
To get approved.

Speaker 16 (33:58):
So there's a bit of time compiling all of that,
so we'll expect the next couple of months to be
quite busy.

Speaker 17 (34:03):
Ones.

Speaker 2 (34:04):
Fantastic good on you, Marcus, notice to catch up, appreciate
it and good to hear the good news. Marcus Beverage,
who's the managing director and immigration lawyer at Queen's City
Law eleven minutes past seven, just by the way, also
announced yesterday overseas investment decisions are being made twice as fast.
This is from the Land Information People under a director
from David Seymour, who's in chargeable or that process eighty
percent of consent applications and half the statutory time frames

(34:27):
eighty eight percent of those applications processed and half the
time frame. The processing times are produced by thirty nine
percent than the previous financial year, seventy one working days
down to twenty eight working days. Now, that's not going
to turn anyone's vote or swing an election their way,
but things are starting to look a little bit more organized,
which is good right. Shane Jones on the program earlier

(34:49):
floated the idea in the speech last week and the
Prime Minister on the show yesterday picked it up and
ran with it. Are we heading for the scrapping of
some regional councils, if not all of them? He also
talked of capping rates. Of course. Now Sambrun's the President
of the Law Local Government New Zealand and he has
well there's Sam, very good morning to you.

Speaker 17 (35:03):
Yeah, good morning.

Speaker 2 (35:04):
Make do those thoughts fill you with horror?

Speaker 18 (35:07):
I think we need to think about the system of
local government we've got in New Zealand and take an
approach that's not just about one off announcements or what
a particular minister might think, but what's the future system
of local government and central government that we want to
see in New Zealand. It's been asked before and I
think it's a good question to ask ourselves.

Speaker 2 (35:24):
Do we have too many councils?

Speaker 18 (35:26):
I think when we look across the border, I don't
think that the system set up in nineteen eighty nine
is currently fit for purpose today. So we can look
across the world. Some places have more councils, some places
have far less, and that's a question that we should
definitely ask ourselves. At the moment, though it seems like
we're going through change based on some ad hoc decision making.
So we'll change local government because water has changed. We'll

(35:49):
change local government because only made changes. We'll change local
government because the building consent authorities change. And we should
actually take a much more strategic approach to this and
say what future system would we like to say if.

Speaker 2 (36:00):
We were going to tackle councils, if we agreed there
are too many of them, is it regional or local
or both?

Speaker 18 (36:06):
You would go at I think it's a system that
we should ask that question about. So in different regions
might look different and there might be different systems that
could be set up. But until we have a proper
structured conversation about it, I think it's too early to
say where we should and shouldn't change things.

Speaker 2 (36:21):
What about capping? Would you be upset at.

Speaker 17 (36:25):
That rates caping?

Speaker 2 (36:27):
Yeah?

Speaker 17 (36:28):
Yeah, rates keeping.

Speaker 18 (36:29):
The international evidence shows that it actually can have a
pretty detrimental effect, even in areas where a government might
not intend it to have so rates camping sort of
excludes core infrastructure and water and transport, even those things
get hurt. It can lift councils borrowing costs, as we've
seen in New Zealand already and the examples in Australia,

(36:50):
so that those states that have rates caping, New South
Wales and Victoria actually had higher rates increases than South
Australia where there was no KEP in place.

Speaker 2 (37:00):
What do you forget your view? Forget the government's view
of the day popular with the public. Do you reckon
if the government came out and said we're going to
get rid of regional councils? Am we going to cap rate?
So you take a poll, do you reckon it gets backing?

Speaker 18 (37:12):
I think you know, regional councils have a role to
do and that's around what the public sees as around compliance,
and you know councils that run compliance that can really
annoy people. So I can understand where people might not
enjoy seeing councils and want to take control of councils
that rhetoric it as popular. I think we need to
think about what they see as the effect of the

(37:32):
change we want to implement. And this requires more of
a conversation than just a reaction to something that might sandkle.

Speaker 2 (37:38):
Okay, Sam, appreciate it. Sam Broughton, who's the local government
New Zealand President's fifteen minutes past seven, PASKI I'm just
at JFK Airport, Mike, listening before I bought the flight
home to Auckland. Are surprised over the past month how
well received New Zealand passports are when crossing borders, particularly
in Europe. Even had one immigration officer tell me ours
is the best. Well, that's nice, I guess. Enjoy your
flight home? Welldie, Mike. If oil prices have dropped overnight,

(38:02):
why have z and taranaki price has gone up? I
will work you through this one more time after the
break fifteen past the.

Speaker 1 (38:13):
Like asking Breakfast full show podcast on iHeartRadio, Howard By
News talks at be Mike.

Speaker 2 (38:20):
Of course Imbroughton doesn't want capping on rate. You just
push fourteen point two percent rate rise in the Selwyn district.
He'll be down the road.

Speaker 3 (38:25):
Mix.

Speaker 2 (38:26):
Well, Willy, I mean you're voting, Mike. Council's a pack
of lefty parasites and a retirement home for failed left
wing politicians. All they need to do is look at
what toy has done to Wellington Mike local government, mediocre people,
building empires on the public tip. But apart from that,
everything seems to be fine. Right, one more time on
the oil. So when you ask me when the oil
price drops overnight wide, hasn't reflected it your Bowser and Taranaki,

(38:49):
The answer is because oil is but one component in
the overall cost of what you pay at a retail level.
What you really should be looking at, and we've said
this many times on the program, is the cost of
the refined product refined product, not the cost of the oil.
The refined product as it arrives in the country from
mainly Singapore, and part of that will be the cost
of refining it from oil into a petroleum product. Part

(39:12):
of it will be the cost of running the ship
from Singapore to New Zealand. Part of it will be
the transportation once it arrives in New Zealand from wherever
it arrives to your bowser in Taranaki. Part of it
will be the value of the dollar at any given time.
So there are many, many many moving parts in the
ongoing price at any given time, what happened on New

(39:32):
York and Exchange the day before will not be reflected
in Taranaki for many days to come. We'll get back
to the acc story started that yesterday, Part two this
morning shortly seven twenty.

Speaker 1 (39:46):
The Mike Asking Breakfast Full Show podcast on iHeartRadio, Power
It by News talksp.

Speaker 4 (39:54):
Right.

Speaker 2 (39:54):
If you're a business leader, you're well aware of how
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got your GRIZZLYAI at one net, dot co dot Nz.

(40:59):
Innovation leaders since the year two thousand, asking now seven
twenty four. Part two of our acc story that we
started yesterday claims through the roof billions of dollars seven
billion of them in fact, handed out each year to
a country that insists on falling over and spraining and
breaking things, a lot of it having nothing to do
with work, thousands in the garden, injuring themselves, and yet

(41:20):
receiving money from a system that can't keep up financially,
and then use yesterday that more troubles ahead. Only one
percent of the three point six billion that had been
set aside has been handed out to the thousands upon
thousands that they think will eventually claim in this expanded
set of measures, as decided a couple of years ago

(41:40):
by a court. So loss of potential earnings from the
time you were injured as opposed to from the time
you claimed or started treatment. Now that was the court decision.
This includes that our infamous sexual abuse. Of course, it's
just a view. It's an interpretation. But because it's the
Court of Appeals interpretation, the bill is lord knows what

(42:02):
the three point six billion. That's a guess on ACC's
part as to what it could cost, also a guess
as to how many people are going to be claiming
from the time of injury. Now think about that. The
longer ago, it was the money of the details. Get
who decides and how consistent is that decision making process?
To what extent does that process open to a challenge,

(42:24):
How long does that take, how many lawyers are involved?
It is the Pandora's box of boxes. And yet poor
old ACC are merely the recipients of that thinking. They
are the poor SAPs who have to put it into
place using money they almost certainly don't have. Nikola Willis,
you realize now calculates her expected to return to surplus
by not including these numbers, such as the gargantuan and

(42:46):
unpredictable nature of them. The ACC Minister quite rightly is
working on law to rain some of this madness in.
As I said yesterday, like so many altruistic decisions, it
gets away with itself and before you know it, you're
handing out money to everyone and you're broke. Here's my idea,
call me simple. How about if you can't work, I e.
You can't earn, there's a scheme for you beyond that.

(43:10):
How about it's kind of on you? I mean, is
that really that radical? For goodness sake?

Speaker 4 (43:16):
Tasking?

Speaker 2 (43:17):
Luxeon's met with vander Layin. I know, I know, before
you go, get another cup of coffee. Here are the details?
What are the detail?

Speaker 17 (43:28):
Knew?

Speaker 2 (43:28):
Nothing really happened. It's working through it. Here. Discussions focused
on warm and deepening the partnership. They discussed the potential
for closer cooperation, the bit of tech and innovation talk,
and New Zealand's entry into Horizon Europe. Horizon Europe is
about research and innovation. That would be if we get in,
we would be the first non neighbor country to join.
So I suppose that's something good. They welcomed future cooperation

(43:51):
on digital technologies including digital identity, digital business, Wallace initiatives,
et cetera. So clearly he's filling time until Trump arrives.
Imagine if he gets a pull aside with Trump and Albanzi,
who hasn't gone. There's something weird going on with Albanzi.
He yesterday watches press conference yesterday, that guy was so
not interested in talking about the war, any war. You've

(44:12):
never seen a guy less interested in talking about war
or Trump or NATO or going anywhere. So he's not
going to NATO. Miles is but a blux and gets
to pull a side with Trump. Yes, who wins on
the old diplomatic front there right? Business lending back to
that story we started next week, will do that after
the News.

Speaker 4 (44:30):
New Zealand's voice of Reason is Mike.

Speaker 1 (44:33):
The Mic asking Breakfast with Veda, Retirement Communities, Life Your Way,
News togsed B.

Speaker 2 (44:39):
Scott Robinson is back for another year as the old
Blacks of the French are coming. Of course, the side
was named all the widest squad was named yesterday and
you may catch up with him after eight o'clock mean
time twenty three minutes away from ITE. Let's pick up
where we left off last week on small business lending.
Figure show is softening across all bank business lending A
and Z our biggest bank of course, actually going backwards
on that. Over All the growth rates dropped from six
percent in twenty thirteen. This is for everyone, not just

(45:02):
DA in Z six percent in twenty thirteen to one
and a half percent. So what's going on here? Antony
Watson is the CEO of A n Z and is
with this good morning, Good morning Mike. Is there a
thing or not?

Speaker 12 (45:16):
Well, there's a thing which I can explain. But the
thing I'm delighted to be able to tell you is
that we are growing and have been growing lending to
small and medium businesses and that's been despite there's been
a lot more non bank lender activity. I can explain
why the reduction if you want me to. Selling you
DC was the first thing that we did in twenty twenty,

(45:36):
and then the big impact really has been a drop.
And lending to commercial property now there's several reasons for that.
You've got developments that would have been done as interest
rates were lower, that then completed and then got paid off,
and in that period of time you had interstrate interest
rates increasing, times got tougher, so not so much new demand.
And our decision so that this was our decision, was

(45:58):
to support our existing customers as interest rates are increasing
and things are getting tougher, rather than taking on new customers.
So the big drop in our lending has been from
property as opposed to smaller medium businesses.

Speaker 2 (46:10):
Okay, are you taking on new customers now?

Speaker 8 (46:13):
Absolutely.

Speaker 12 (46:13):
We've had seven thousand customers sign up in the first
half to our how to campaign, and that's a campaign
about helping you know, you've got this this thing about
you've got to get through the first two years when
you're a new business. We've got that's helping them get
through that first two years.

Speaker 2 (46:26):
Okay. And now those people new clients or people who
had borrowing elsewhere and came to you, just in a
competition type way, it would be a mix.

Speaker 12 (46:35):
And it will be new startups and reasonably new businesses.
That was part of the part of the requirements for
the package.

Speaker 2 (46:42):
Okay. Part of the explanation last week seemed to be
that there are rules that you guys have to carry
extra capital to back up business lending is that true.
And if it is true, how much of it is it?
And is it a burden?

Speaker 13 (46:57):
So yes, it's true.

Speaker 12 (46:59):
Exactly how much it is I couldn't tell you off
the top of my head because it's once you get
into business leanding, it's very risk based and it depends
on the individual business. But it is riskier lending to
businesses than lending to householders who have a home and
good equity in their home to back up for lending.
So that's the reason we hold more capital. It isn't
a constraint. We're not constrained with our capital. We don't

(47:19):
sit there and think we'd rather do lending to housing
and to businesses. We're open to both. We're interested in
leanding to anyone who's got a good plan that shows
that they can pay us back over time.

Speaker 2 (47:29):
Right, I'll come back to the planned thing in a moment.
Would you be generally thinking that this view that you
hold is the view of all the major banks in
the country in terms of lending to business.

Speaker 12 (47:39):
Overall, I would suspect so, yes, But you do have
to look through the numbers. You know, the Reserve bank
numbers that they publish are reasonby blunt because they're at
noble business. They're well. Another thing that you know we
see in our portfolio is our lending to very large institutions.
I think we've been out had about seven billion dollars
out since the time I joined the sixteen years ago.

(48:01):
Because as soon as your nam gets to say one
hundred two hundred million dollars, you want to syndicate that
amongst a lot of banks so that you're still breading
the risk, and often you'll get them to borrow their
own money in the debt capital market.

Speaker 4 (48:12):
Good.

Speaker 2 (48:12):
I'm glad to hear this explanation because what I couldn't
work out in the numbers is that there seems to
be and in fact, I know there's a record number
of business sales in this country. There's never been more
interested in buying businesses. And I'm assuming some of those
people at least need to borrow from banks and therefore
are borrowing to buy businesses.

Speaker 12 (48:29):
Yes, but I think the thing to remember there is
the difference between equity and debt funding. So the first
thing you need is you need some cattle behind you,
because the minute you take on a debt, you're having
to pay interest on that. So you know, we see
businesses that are undercapitalized, and it's important that you also
have their equity behind you when you start a business
as well.

Speaker 2 (48:48):
Okay, one of the criticisms we got when we raised
this last week was raised last week was that there's
no one in the bank. And this is not necessarily
you specifically, but it's banks generally that aren't business specialists.
In other words, you do it all by computer. You
tap in a few numbers and some answer comes back,
and you've got it all you haven't got Is that
true or not?

Speaker 12 (49:06):
We have Oh, I can't give you the number off
the top of my head, but we have many business
specialists who are sitting ready to help our customers. And
I say, feel like they're not getting to help. They
need get them to email me.

Speaker 2 (49:16):
Right, So there are people right broadly speaking at mortgage rates.
Where are we heading? What do you think for July
and August on the Reserve Bank? Go on, give us
the big, big economic read here, Antonia, I don't know.

Speaker 12 (49:26):
I know that Sharon Zolner is saying that they're probably
might be seeing some more decreases. The problem is you've
got this uncertainty and got speaking about business uncertainty, is
the worst thing for business. I mean, could the current
situation in the Middle East increase oil prices and have
a knock on effect and suddenly we've got inflation again
and the Reserve Bank can't lower rates, or could it
lead to a recession and therefore they do lower rates

(49:48):
to simulate the economy. I just you haven't seen the
situation with this much uncertainty.

Speaker 2 (49:52):
I think maybe what would you at a drink after
work when they go WHOA, what's new Zealand feel like,
what's your answer? What's the word you were using?

Speaker 12 (50:02):
My answer is sort of green shoots, but uncertainty. So
I think the situation where in now is that whilst
we can see some improvement, you can see milk prices
and agree and interest rates coming down, so people have
got more money in their pockets. I think we've just
not quite got the confidence because of that uncertainty to

(50:24):
spend it on going out to dinner or spend it
on investing something in your business.

Speaker 2 (50:28):
Yeah, good insight, pre checked time as always, Antonia Watson.
Hopefully that aren't at least most of our question. Seventeen
minutes away from eight Husky car nine two one mic
from Auckland to doh has just landed a musket in
a man. So there's another one. It's a daily at
one fifteen in the afternoon. So it'd be interesting to
see whether that leaves and if it goes to musket

(50:48):
and whether that's a root, whether the airspace gets reopened today,
because of course it was a handful of missiles and
they may be it that may be over and so
there may be because you've got you're talking about a
seven in our flight, of course, and if it is
through and answer me this question, because the July school
holidays are upon us and there's a tremendous number of
New Zealanders who go up into Europe and they generally

(51:11):
if you're not going through Singapore, you're going through the
Middle East. Are you bothered? Would you do anything about it?
What has to happen before you do? Or does life
just simply continue?

Speaker 1 (51:23):
Seventeen to two The Mike Asking Breakfast Full Show podcast
on iHeartRadio, powered by the News Talks.

Speaker 4 (51:30):
It'd be.

Speaker 2 (51:33):
Mike, I'm sure you this is an excellent, well surmised
sort of wrap of what's happened this morning. I'm sure
you know this attack was coordinated and Qatar was informed
in advance. And the reason that Iran picked a guitar
is because it's the only government in the Middle East
who would accept the show of symbolic retaliation without escalating things. Further,
I think that sums it up perfectly. Luxeon's not seeking

(51:55):
a meeting with Trump, schedules a quote unquote all over
the place. What makes us know if it's worse? As
he's there looking, I mean, what's he there for? I mean, honestly,
what's he there for? He hands out sixteen million dollars
for Ukraine to on top of the thirteen million he
handed out the other day, on top of the hats
and the bold tat we found the used cupboard. I mean,

(52:16):
come on, be serious. We're part of the IP four nations,
which is sort of an associated group. The problem with
the IP four you'll note the number four where one
of them the other one's Australia. Alban Ezy is he there? No,
as the South Korean president there, No is a Sheba
there of Japan. No, So no one's there. He's there
sort of looking like Nigel No mates, I mean, I'm

(52:37):
all for being in the room and you never know,
and you have sort of you know, face to face
and you do a deal and all that sort of stuff.
And I note with interest read a very interesting piece
yesterday that got covered nowhere because it is a little
bit it's a little bit niche, but we've developed apparently
a smooth pathway to the UK for our wine. So
this is the deal that we did. So we're looking

(52:57):
to have a look at that EU deal that we've signed,
the free trade agreement, but of course nothing beats the
UK deal, which was gold plated. We've formally agreed the
UK's formally agreed to accept exports of our wine using
medium chloride AGAR, which does stability, clarity. It's all technical stuff,
you know. That's how we make wine in this country.
And some people get a bit about it, but they're

(53:17):
allowing it to happen. So it's worth four hundred and
twenty six not this extension, but the deal. Generally wine
exports to the UK worth four hundred and twenty six
million dollars a year m growing. So the more that
we can get into that particular part of the world,
the better. Can I just recommend a little bit of
reading this morning out of Australia. It's in the Herald,
and it just dovetails into exactly what I said a
number of months ago, this business of banning kids on

(53:39):
social media and the government are looking at it, and
this is another thought bubble from Luxen and this is
the stuff he needs to spend less time on and
more time on the nuts and bolts of the country
and the economy. He's all keen for banning kids on
social media. Fantastic. All I asked was can it be done?
The answers no, And he kept saying, look at Australia. Well,
I'm looking at Australia. I'm looking at their first report
because they passed what was called the time world leading

(54:02):
legislation that didn't mean anything because the moment you go
on to social media and you're not sixteen years old
and it says are you sixteen years old and you
lie and go yes, I am, that's the end of
the That's the end of it. So their first reporters
out uses the term roa tinted glasses because the report
tries to spruit the fact that they might be onto something.
They're not age check certification scheme. There are no significant

(54:23):
technological barriers. That's not new. The tech companies could do
it if they wanted. They just don't want to and
they're not going to, and we all know that.

Speaker 8 (54:30):
Now.

Speaker 2 (54:30):
You can argue about that till you blue in the
face if you want, but it doesn't change reality. So
the report tries to paint a picture that they might
be moving in the right direction, but the term rose
tinted glasses. So read the whole thing and you'll be
reassured that what Australia is doing is a complete and
utter waste of time, and therefore we shouldn't continue to
follow them down a path that leads nowhere. Tenn away

(54:50):
from eight.

Speaker 1 (54:51):
The Mike Hosking breakfast with a Vida Retirement Communities news
togs had been.

Speaker 2 (54:56):
Mike, I'm on QR nine two to one with the
family Thursday, not at all worried a susp This was
a face saving gesture from Iran given the amount of
warning given and further attacks and guitar particular would be
very very unlikely. There you go, as a person on
a plane, whole family on a plane seven away from eight.
US and UK law enforcement are going to be using
a New Zealand developed strategy to help those police performance.
So this is Vanta Set users research into people's breaking

(55:18):
points to assist the lead athletes. Now they've signed long
term deals with global law enforcement agencies to re engage
front line officers. So Craig Steele is the founder and
the CEO of Vanta Set and is with us. Craig
wanting to you good morning mate. So this was an
early iteration used by New Zealand Police. When was that
and did it work?

Speaker 6 (55:36):
Yes, we started in twenty fifteen with a full roll out.
Prior to that, Mike, we had done a couple of
pilot programs and certainly at the time Mike Bush, who
was the commissioner, believed that it gave him a mechanism
to drive the step change that he was looking for
in people's engagement and connection to the strategy.

Speaker 2 (55:55):
Wow, what do you literally do? I mean? So in
athletic claims personal bests you get a seven percent of
the time these were in Tier one events compared with
international average of eight to ten. What literally are you doing?

Speaker 10 (56:07):
Well?

Speaker 6 (56:07):
It's really about a complete change in mindset. It's enabling
air fetes to turn up to world championship events as
a world champion, rather than going in and hoping that
they've done enough work and possibly coming up short, setting
them up so that they know they're in the right
state when they head into that competition.

Speaker 2 (56:24):
This is purely psychological. You're convincing people they're winners.

Speaker 6 (56:28):
To an extent. When we get into the business piece,
it's very much around connecting people to the intent of
the organization so that the business itself has a mechanism
to be able to optimize the potential of their people.
And they are the things that typically come up short
for organization, So it's not usually the strategy that fails.
It's all around people's execution.

Speaker 2 (56:48):
Can you do it in a half baked organization or
does the organization have to be good to instill the
thought process in the people who work for it.

Speaker 6 (56:58):
It's better if the organization is a real aspiration, no doubt.
But often what happens is when we go into organizations
there is often a lack of its ability to succeed.
But as soon as they start to get the leaders
in place and they can see that they can connect
people for the things that really matter, that gives them confidence.
So organizations in very change over times they start part

(57:20):
these disciplines or methods into their business is.

Speaker 2 (57:23):
It applicable to anything potentially business wise?

Speaker 6 (57:26):
Yeah, it is. We spend a huge amount of time
testing it and it is an agnostic system. So wherever
there are people who met it to the organization, then.

Speaker 2 (57:34):
It can work well. And so you're going with the
police and how long before I can ring you up
and you go, well, we put it in there and
it work for them.

Speaker 6 (57:42):
We are hoping that that will be within the twelve
to fifteen months.

Speaker 11 (57:48):
And the point brownd.

Speaker 6 (57:49):
The critical appdencies, Mike, is purely the fact that those
organizations understand the performance of their people is really critical
to their success. So in that state or in that instance,
they really looking for better ways to be able to
engage the people and ultimately help them to look at
the outcomes that matter.

Speaker 2 (58:04):
Interesting, Well, we'll stay in touch. I wish you were
with at Craig Craig Steel Moss Boomaster and Anthony Moster
on board with that as well. Four minutes away from
eight Pasky. But we're going Emirates to Europe in three
weeks today. If Emirates are flying through Dubai and I
think it's safe, we're boots and all in. We flew
to Wistanbul a few hours before they're shooting and bombing
at the airport, but wouldn't stop us. Now, Mike, my

(58:25):
wife and I are flying to Dubai tonight then on
to Europe. We're worried. Yes, are we going? Yes, You've
got to live life and deal with what happens when
it comes. Greg, well done. You see planes are full.
Scott Robinson is it? I'm not being facetious, but in
all honesty, what's he do between January and June? Is

(58:46):
he hanging out with the super teams? Is he talking
to the coaches? I'm assuming it's all of those, so
I think I'm going to ask him that, among other matters,
he is with us after the.

Speaker 1 (58:53):
News Come make cars game be stateful, engaging and vital.
The Mike asking breakfast with the Defender actor the most
powerful Defender ever made, and US toms dead by.

Speaker 2 (59:12):
A seven past eight. So the first all Blake squad
for twenty five is out. The season starts with the French,
of course, who arrives shortly. We'll take on the usual
suspects Australia, Argentina, South Africa, then rape the year in
Europe against Scotland, England, Ireland and Wales coach Scott Robertson
is back with a Scott, good.

Speaker 8 (59:27):
Morning to you, Good morning Mike, good to chet again.

Speaker 2 (59:31):
And you too, and I've missed you, which brings me
to my non facetious first question. Literally between the link
end of last year, I assume you write a report
and say here's how it all went as far as
I'm concerned, You have a few meetings about that. What
do you do between then and now?

Speaker 8 (59:47):
You did a lot of cleaning I appish you did
with a recovery from the India tour. You know you're
handing twenty days away to waking it with the family
and get your body clock Wright, and then you start
watching Fretiggain. The game changes pre quickly. You're just not
watching super You're watching the USC, the Top fourteen, the
French teams and how they play. What's the rest stuff doing?

(01:00:09):
Then you go up into World rugby and what they're
doing with the laws for the year. And then I
get around the country, I see as million people as
I can that love a game of rugby and connect
with him.

Speaker 2 (01:00:18):
How much I don't know what the word is. Influence
do you have on coaches and people? Along the way
before yesterday's announcement.

Speaker 17 (01:00:29):
Influence.

Speaker 8 (01:00:30):
So every super team just to put your own team,
they get to play how they want to play. Let's
say progative that they've got their expert coaches, but we
deal through their stuff or the coach themselves that heat
and we'll talk about each one of our players. Coaches
they have one of their players in the area and
talk about specific you knows that run, kick on the edge,

(01:00:51):
we need to work on the hooker throwers. You see
what we see and then talk about what their ritus
are going to be so how they can get better
and improve what you do. But youtally don't pay to
how they're going to play, but deal with individuals.

Speaker 2 (01:01:03):
Do you get pushed back from coaches who see things
differently to you?

Speaker 8 (01:01:07):
There's always discussions you never of course there is no
there's there's there's things that people see that just see
it differently. You know, were mine. That's all part of it.
You just have professional conversations are not personal. You get
on with it when you when you don't, and you
need to sometimes stand your ground and sometimes you need
to understand it. You know it, set on set call

(01:01:31):
and then get on with it.

Speaker 2 (01:01:32):
From your observation of all this watching you've been doing.
If you were unlimited in the number of people you're
able to name yesterday, how much depth have we got
in this country? How big could a squad be of
people who are genuine all blacks?

Speaker 8 (01:01:48):
So look, it's do you need to fall deep over
four deep as all backs in every position over sort
of a four year period to know that you're going
to be in a position that you name your normal team,
someone's going to get a bang. Or the weekend that
there was a Test match, the intensity, the context, the

(01:02:09):
super Final, you know, we had a lot of bangs
out of that. There's a lot of schemes going on.
So who's next of us?

Speaker 15 (01:02:14):
Not?

Speaker 8 (01:02:14):
Then you name the team and then you name the
next one that's coming in on a proviso, and then
you're always done what's doing? And you know it's round
in Auckland, someone's going to tight carfin all of a sudden,
who's next? So you're still going four deep? So what's that?
You know for four fifteens, you know you're start to
get up there, aren't you. Yeah there's sixty year Yeah

(01:02:35):
we're done them with college and it's uh, it's and
you so you so you start to look at it
like that. In negative opportunities, players over this period of
time get to know what they're going to be. Like
in some guys come to the environment and just got
a wolf for ast year, like Passi Tossi was the

(01:02:55):
credible you know pel Arco. Those guys just stepped up beautifully.
So you only find out by giving them the go
you mentioned.

Speaker 2 (01:03:03):
I got to say it before I forget the game.
On the weekend, the Crusaders rob Any the Redemption. I mean,
what a fantastic story.

Speaker 8 (01:03:11):
Please from great story, great human story, great supporting story,
galvanized team, lot of care in there and found a way.
So yeah, look I'm really pleased for rob You know,
we go way back again. Stretch an opportunity back in
two thousand and eight, came in and gave me a
couple of jobs to do, which very happily took and

(01:03:34):
stubbed me on the path.

Speaker 2 (01:03:35):
Your personal expectation on yourself for your second season?

Speaker 17 (01:03:39):
What is it.

Speaker 8 (01:03:43):
Therese prop are things on and off the field, so personally,
just to make sure the connection piece really clear about
a purpose like who we're serving, So I'll drive that
you know, look, I'll beck myself on our group's having
a really common three, who who didn't and why? Obviously
we've got a beautiful country here that we do that for.

(01:04:03):
So there's the first one. And then on field is
to create a team that's really fast. We create a
lot being buying fast last year, like, but we didn't
finish enough. You know, we little our stats in rod
rugby last year, but it didn't convert to the scoreboard.
And now now it's our times to convert what we create.

(01:04:24):
That's exciting part.

Speaker 2 (01:04:25):
Do you feel you will be a better coach this
season than last season, notwithstanding all the coaching experience you've
you brought to the game in the first place from
a different level.

Speaker 8 (01:04:37):
Yeah, oh yeah. Look, doesn't matter what you do. You
need to improve, you know, you move forward and how
do you make those improvements and you do It doesn't
matter whereabouts in your job, Like this game moves really quickly,
or a professional sports is or the world does really
doesn't it, Like you know, we use ai lucky brown
House and you've got to be a step ahead. But
like personally, like I understand how it works, what really
matters and what doesn't matter too, Like what can I

(01:04:59):
keep my focus on my job to take away a
lot of distractions so people be in mind so they
can play. Yeah, I know now the delay of it
and how it works, and to deal with the freeze
and and people in the personalities, and so it'll be
better for that for sure.

Speaker 2 (01:05:16):
Good stuff. Hold on for two seconds. We'll come back
with more in a moment. Scott robertson All Black Coach
their team past.

Speaker 1 (01:05:21):
The Mike asking Breakfast full show podcast on I have
radio powered by News Talks.

Speaker 2 (01:05:27):
It be News Talks will be sixteen past eight Scott
Robinson with us to talk about yesterday's naming and the
season ahead. Of course, do you have, Scott, I'm assuming
others and the management of the All Blacks to handle
this more. I may be wrong and correct me if
I mean I am. But given the union state of
finances and the fact they're still losing money, do you
have everything you need? Are there any fiscal constraints on

(01:05:47):
what you need to do?

Speaker 17 (01:05:51):
Mindful of it.

Speaker 8 (01:05:52):
But if his prioritis has performed the money, it's a
bit different when we don't perform as well, So focus
on it. No, Look, they've been great that they you know,
we talk and obviously where can we could be better
at and trim but essentially they give you all their
cards opportunities perform, which is the ultimately from the all backs,
and that's what they need and we focus on.

Speaker 2 (01:06:14):
Okay, I read something the other day and I don't
know why I didn't know it, but the Lions when
they got named, it's an old fashioned system. Nobody knows
the thing. It's simply read out on the radio. And
when you hear your name for the first time, you
hear your name for the first time, is there something
in that?

Speaker 8 (01:06:27):
Yeah, we could put it both. So probably three two,
two of the players that that yesterday and I'll bring
the other cup are the three out of the five
to come up. But yeah, it's pretty cool, isn't it.
I reckon it's pretty It's a nice touch. Not look
at it next year, come on to our sponsorship team
mate commercial, you.

Speaker 2 (01:06:48):
Reckon not a bad idea. Observations are three sixty and
the Super Rugby World Competition thing. If either of them
get off the ground, are they good or not? For
the game?

Speaker 8 (01:07:03):
Yeah? I think anything in the game that promotes us,
and it's globally and it gets international sponsors and exposes
our players to other competitions. It's good. It's going to
keep players in our game here in New Zealand for longer.
It's great. You look at Jordan what a great way

(01:07:25):
to see the world play great rugby. You know, played
a lot of golf and rugby. He's come back good,
is in good front. Now what does that look like
for us? So they are Rady one. You've got to
get put more detail. That's a different beast in itself.
But the Super Rubi one and the finals and the
connection piece, we can connect the clubs together. Be a
great occasion.

Speaker 2 (01:07:45):
Not too much rugby, it's all balanced out.

Speaker 8 (01:07:49):
It's not more rugby. It's just at the end of
their season. So you can't put any more weeks in
the old calendar, so you know, you just go to
finals earlier. You know that the all Black Test season,
all international tests in sets, so you think that goes
around that.

Speaker 17 (01:08:03):
It's key.

Speaker 2 (01:08:04):
So you mentioned it, You mentioned Jordy. What about Artie
in twenty six and I mean you look at what
he did for Mowana as like in a team game,
it is so rare to see an individual stand out
to that extent. Next stop Japan and how do you
handle all of that and or is that just the
way it is?

Speaker 8 (01:08:21):
I think it's the way it is. He's a pioneer.
You know, we had these conversations eighteen months ago about
what he wanted to do and want to which you
know it's pretty much first day on the job and
you know, what do you think, coach and one of
my first jobs to support him so he can perform
at his best and do watch right for his family
and he make sure it's a beast for New Zealand rugby.

(01:08:44):
And that's what we got to, you know, like he
transformed himself to you paid each week in a high purpose,
great to watch and then he also gets to going
to going to Japan. It was important for him to
do that. So he's entered men he you know, he's
been for a long period time in New Zealand and
it's quite interesting. There's different ways to do it, you know,

(01:09:06):
nickon Island and I'm just a stating an example where
I'm not saying this is for the government, but you
know a lot of our players at the Irish careers
get text break for staying if they show long service,
you know, over ten years so.

Speaker 2 (01:09:21):
I didn't know that.

Speaker 8 (01:09:23):
Yeah, it's pretty special. Like a lot of the guys
play right to the end of the depth of their squad,
the handing down of all the knowledge, and it's a
sign of loyalty. And a lot of guys stay in
you know, only from French, France and Japan and hints
that golden era of Ireland. You know, they're coming to
the end of their leg, but they do a great
job and.

Speaker 2 (01:09:43):
Retaining Well that's interesting. Hey, but what's your assessment of
the people we're going to play? The French they say
they're a bit short on talent, the Australians. Is there
going Is it going to be any different from previous occasions?
Is anyone materially changed?

Speaker 8 (01:09:57):
It's the French, Mike, you know, like this is when
you're they're dangerous, you know, like given underestimates them and
they come over and look, they're going to be bigger,
They're going to be French. That's all. You can't definitely
how to pick your score. So we're not guessing, you
know that whoever turns out, you know, we'll focus majority
on ourself and then we know that, you know, we
know that where they play, it's just who's going to

(01:10:20):
be doing it, and just a couple of strengths of
their players and then we just get on with it
and respect them with a great preparation. But this they're dangerous,
you know, la, you know it, said Somel, like some
young flowers will take your opportunity.

Speaker 2 (01:10:35):
Fantastic. It must be exciting to be where you are
right now, because I mean, I know you're busy during
the year and all that stuff. But to be right,
we're set. There's a ball being kicked and there's some
scores to be handled. Yes, that's good stuff.

Speaker 8 (01:10:47):
Yeah, it's exciting, mate. I appreciate that. I'm looking forward
to the country and together we walk to morrow. So
here we go again.

Speaker 2 (01:10:53):
Good on, we'll catch up during the season, I'm sure.
Scott Robertson the All Blacks Coach eight twenty two.

Speaker 1 (01:11:00):
Say, costing breakfast with the defender Octor news togdad b.

Speaker 2 (01:11:04):
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(01:11:46):
cold winter at home or a sun soaked, value packed
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Holiday dot co dot nz foscy listen to this straight
from truth. Social Iran has officially responded to our obliteration

(01:12:07):
of their nuclear facilities with a very weak response. Fourteen
missiles fired, thirteen are knockdown. One was set free because
it was headed in a non threatening direction. No Americans
were harmed, hardly any damage. Most importantly, they've gotten it
all out of their system. There there will hopefully be
no firthight. Now. This is a week get serious. This is

(01:12:28):
quite nice line. I want to thank Iran for giving
us early notice which made it possible for no lives
to be lost, to nobody to be injured. Perhaps Iran
can now proceed to peace and harmony in the region,
and I will enthusiastically encourage Israel to do the same.
Thank you for your attention to this matter. Congratulations, World,
it's time for peace. Good job World, No wonder the

(01:12:52):
oil didn't go up. Big Don had it all in
hand all along. Morning Mike, going to miss segment on
your show. Really enjoy our Australian correspondence and the stories
happening over there. Now. The reason I read that out
is there's a story behind that, and I'll explain more shortly.
Steve's not on the program this morning, Rodders, but I'll

(01:13:16):
do Rod and then I'll get back to Steve meantime.
The news is next year of news talk.

Speaker 1 (01:13:21):
See news, opinion and everything in between. The Mic Hosking
break best with Bailey's real estate doing real estate differently
since nineteen seventy three, news togsdad be.

Speaker 2 (01:13:35):
One of the funny stories at the beginning of the
year was the Sydney Morning Herald, who I take moderately seriously.
I take the Australian As I've said before, the Australian
media generally seriously when it comes to rugby league because
they spend a lot of time, money and energy in
following the game, and therefore they would make they would
know what they were talking about. They had the Warriors
winning seven games for the season in total. They were

(01:13:55):
a complete nuttered disaster, so obviously they're wrong. So I've
enjoyed no that they're wrong. Fox Sports out of Australia
this morning are arguing that there are six sides that
can win the competition. Side number one Canterbury Bankstown, which
is fairly obvious because the Bulldogs have been at the
top of the pile for the basically the whole season.
They fell over to the Dolphins, but that's I think

(01:14:16):
they might have what they might have lost too, but
that's about it. They still think the Panthers can win,
and the result of the weekend would indicate they can
because they were a depleted side, but nevertheless a great
side is still a great side. If the Panthers do
go on to win, they'd be the first side in
the mod Nearer to win the competition from outside the four.
So the four at the moment, if you follow the
Rugby League, the top four which includes the Warriors, are

(01:14:38):
in fact a long way ahead of the rest of
the field. There's a six point gap between us and
the rest. So they still think the Panthers can do it,
the Raiders can win it. They argue the storm of
the storm. That's their ligne, the storm of the Storm.
And who would argue with them? The Brisbane Broncers. They've
got in there as well. They're a bit inconsistent, but
they think they can still do it, which leaves one side,

(01:14:58):
and that's the Wars. The Wars had to set back
there right against the Panthers. But we've already seen enough
from them to quality to quality for the season serious
Title Contenders category or to qualify they misprinted they do
you think they miswrote it because they're Australian To qualify
for the serious Contender's title for that yeah, AI again

(01:15:19):
it could be a bit of AI. I did want
to ask Scott Robertson he goes we use AI and
I was desperate to go. I'm in this tricky part
of my life. Whereby I mean obviously the question was how.

Speaker 19 (01:15:31):
Well it would be a useful for coming up with
lineout calls for example, would it? Because I mean that
must get tiresome after a while.

Speaker 2 (01:15:39):
Just get them to pick it. Yeah, just the B
four one dash left, Yeah, yeah, fair enough. Anyway, point
from Foxes this is our year. I mean, that's what
fox are saying this morning in the Australian media they
are saying correct. Twenty one minutes away from.

Speaker 14 (01:15:57):
Nine International correspondent with ends in eye insurance peace of
mind for New Zealand Business.

Speaker 11 (01:16:04):
Good morning to you, my friend, Good morning to you, Michael.

Speaker 2 (01:16:06):
We've got the big NATO meeting in twenty four hours time,
just across the way from where you are. Meantime, we've
had some mustealth bombers go in and drop a few
things on Iran. Where's Britain net?

Speaker 11 (01:16:14):
We bet we're a city on the sidelines, wondering, wondering
what's going on our sheer irrelevance And by Britain, you know,
I'm in Europe as well our sheer irrelevance to what
is happening in what was once you know, the areas
of our major allies. Iran a former colony and we're

(01:16:35):
a former client state. We've just been cut out of
it completely. Now there is an upside to that that
this could go badly wrong, and we could go badly
wrong for Donald Trump, and it could go badly wrong
for Benorinta. But nonetheless, the quotes, the off the record
quotes which we've heard over the last week or so,
which is that a Britain from Israel that Britain is

(01:16:59):
an unreliable ally, and then again from Donald Trump saying
Iran doesn't want to talk to Europe. He wants to
talk to the USA. So it's just the sidelining of Europe,
which in the longer term I think is problematic because
it plays into this view of America just drifting lucive, NATO,

(01:17:20):
drifting loose of Europe completely.

Speaker 2 (01:17:22):
The earlier on this morning, several hours ago before, of course,
the Iranians came back through Kata and dropped a few
missiles in that particular part of the world. I know
the UK told the embassy and people in that part
of the world to shelter in place. They obviously knew
what was happening. Is there much activity in trying to
get bricks out of that general region at the moment.

Speaker 11 (01:17:40):
At the moment, the reason certainly not Qatar. But it's
interesting that Qatar has been dragged into this for obvious
reasons because of course they were one of the major
sponsors of a mass along with Iran. Even though that that,
even though that is that is incredibly inconvenient to admit.

(01:18:03):
Qatar doa particularly is a place which a lot of
Brits go to for business reasons, were also for fun.
And it is signaled that that will be headlines in
the papers tomorrow that Qatar is also closing airspace to
Iranian jets, Israeli jets and so on, and is worried

(01:18:24):
about its own.

Speaker 2 (01:18:25):
Security in sort of related matters in the broadest of senses.
I'm reading over the weekend Mike Rowley, who Rally, who's
the police commissioner. He was quote unquote shocked by the
planned Palestine Action protest. And what I didn't realize, and
I said, probably is the police. You can have these
thugs out there, but the police can do nothing about it.

Speaker 11 (01:18:44):
Well, no, indeed, and even more worrying for me is
that it's that the barriers put in the way of
Palestine action when they decided to cause millions of pounds
worth of damage and put out of action to important
airplanes are af price in Orton. They have to scale
a six foot fence mic you know, I mean a

(01:19:06):
wooden fence six foot it is. It has shocked the
entire nation. Most people think, you know, why weren't they shocked?
That's the first reaction, and I have to say it
was mine. And the second reaction is the clear Starbard
described it as vandalism. Well, actually it's treason, mate, you

(01:19:27):
know that. Actually it's we we still have I think
on a statute book, or it may been reveuilled a
couple of years ago, an archaic rule which says that
anyone who sets a fire in Her Majesty's dockyard is
guilty of treason and the statutory punishment is capital punishment.
You know, it's not long since we've got rid of that,

(01:19:48):
and we're talking about vandalism. These people are opposed to
the British state and to damage the British state, you know,
at it's the most vulnerable.

Speaker 2 (01:19:58):
Point InCred Yeah, exactly, three fourteen to two ninety one.
This was the assisted dying bill vote. What's the process?
Where does that go now? Or is that done?

Speaker 11 (01:20:11):
It goes to the Lords. I think the House of
Lords will in the end, possibly having dug around a
little bit in those vaguish areas about what constitutes a
terminal illness, and it will go through. And you know, Mike,
it's a historic week for Britain. You had two bills passed,

(01:20:33):
one decriminalizing abortion right up to the date of pregnancy
of birth and the other one allowing assisted dying. And
you kind of guess there are great reasons on both
sides for both cases. But you do get the feeling
that we've drifted a long long way from the sort

(01:20:56):
of Christian basis which we had in this society, that
we are now very very secular, and that all the
old stuff we used to believe in simply doesn't matter anymore.

Speaker 2 (01:21:07):
We will catch up with you on Thursday, and my
friend Rod a little out of Britain. The only other thing,
and it's sort of tied in with the military. As
Ed Davey, who's the Lib DEM's head ten thousand pounds,
he reckons to join the army, and he's also going
to distribute pamphlets. What he wants to do is boost
the army. They urgently need to boost the number of
trained soldiers from just under seventy one thousand more than

(01:21:28):
seventy three thousand, so that they can tackle the quote
barbaric Putin and quote erratic Trump. UK must be better prepared,
so that he's going to distribute pamphlets to make sure
that every British homer is war ready and able to
deal with blackouts and chaos caused by the outbreak of
conflict and or cyber attacks. He's fun going and if

(01:21:49):
you want to join the army, you can have ten
thousand quid. Not that that's actually going to happen, because
it's Davy eight forty five.

Speaker 1 (01:21:57):
The like asking Breakfast Full Show bodcast on iHeartRadio, Howard
by News Talk ZEDB.

Speaker 2 (01:22:04):
Morning Make I'm gonna miss Steve's segment on your show.
Really enjoy our Australian correspond So the only reason I
read that out is the good news is you're wrong.
Steve is not going anywhere. What we were talking about
the other day is it was Steve's last appearance on
the Project in Australia last night on Channel ten. He's
been on the program each Monday night for the last
fifteen or sixteen years. I note this morning in one

(01:22:26):
of the more tabloid versions of the Australian media, the
suggesting through the headline was he was in tears, and
I thought, Steve and tears. I find that very hard
to believe.

Speaker 19 (01:22:33):
Do we really want to be associated with the Cray
baby silkerbatment?

Speaker 2 (01:22:36):
Well exactly, so that's why I dug into the story,
and of course the headline was crap. There were no
tears the cut they played. He was just sad to
see them going and that was the end of that
to Mike's team. Did you hear that on the Paul
murray lie program? Speaking of Sky Sky's Steve still got
a job on SKYE by the way, so he's on
Sky no longer on Channel ten and also on ZB

(01:22:58):
so he's happily. Did you hear on Paul Murray's program
last night there's a meeting going on between the Russian
and the Iranians. They're offering them nuclear weapons three exclamation marks?
Can you verify this with your contacts? Question mark love
your program, Jill, I can that's just standard stuff in
the sense it was the Foreign Minister Lavrov, the blow
from Iran was already there. They were going to have

(01:23:19):
a meeting, and what they do is they drum up
a bit of you know, a bit of drama, bit
of drama drama, and they say, you know, there's a
big long queue of people waiting to get these people
nuclear weapons, and everyone in the rest of the world's
supposed to go oo like that. And then you know,
but we've been as I said earlier on the program,
we've been here so many times before, really were a

(01:23:39):
bit over it. It strikes me as regional. It will
remain regional. There are some material complications for a place
like New Zealand this morning given the space, as far
as they know, over cut is still closed, but apart
from that, it will be largely contained. Certainly, the US
President appears to be overtly confident that this thing has
been contained to a singular retaliatory strike. Does remind me,

(01:24:02):
was it it must have been last year Israel went
after Was it the HOOTI for the first time, or
did they go into Iran and Iran telegraphed several days
in advance, a whole lot of drones were coming across.
You remember that a whole pile of drones were coming
across from Iran. They said, we're just setting the drones
off now here they come and Israel shot them all down.

(01:24:25):
That's basically how this was.

Speaker 19 (01:24:27):
And saying that and that post of Trumps, he did
allude to there being fourteen missiles, one of which he
set free. Set free, I see that AP. Note that
he has good relations with AP these days. Of course,
claim that there have actually been nineteen missiles, one of
which actually it did impact on the g I saw

(01:24:47):
the explosion.

Speaker 2 (01:24:49):
It did impact. But at the end of the day,
they basically got them all. My point being overall, if
you think that oil is spiking, the straits of her
moves are going to get shut. There is a global recession,
Come my guts is no that's going to happen. Night
away from nine them.

Speaker 1 (01:25:04):
My Hosking breakfast with Bailey's real estate news dogs, there'd.

Speaker 2 (01:25:08):
Be You're a brilliant man, might but completely delusional on
one thing. Aa aka the warriors. What wasn't me, that's
not me, don't shoot the messenger. That was Fox sport.
They know what they're doing. They're Australians, they know what
they're doing. They can see the genius of the warriors.
You'll be crying and your beer when it happens. What
are you gonna do? You're gonna text me when it happens. Ah,
You're going to congratulate me on being right and consistent
all the years years. A bet you won't. Bet you'll

(01:25:31):
be hiding. Bet you'll be in your bunker five minutes
away from.

Speaker 4 (01:25:34):
Nine trending now quit chemist warehouse. Celebrate big brands and
biggest savings.

Speaker 8 (01:25:40):
Now.

Speaker 2 (01:25:40):
I've watched these and there's several of them, and it's
quite clever. And it's not always Eli Manning, who I'm
referencing this morning, but others have done it. Jared Goff
did one. He was very funny. I'm talking about NFL
American football. So Eli Manning, famous New York Giants quarterback
x Peyton Manning's brother. If you watch the esp AND
football when the season's on, they do what would you

(01:26:02):
call it a counter program on ESPN two at the
same time that Monday night football's on. Anyway, Elo Manning
puts on a wig, turns up his Chad Powers pretends
to be Chad Powers. He turns up at Penn State
Football College. He's twenty six years old. He's coming back
for his eighth year at college. Now none of the
players know this is going on. This is all being
secretly filmed. The assistant coaches don't know what's going on either. Anyway,

(01:26:25):
he tosses the ball around, does a few plays, and
everyone goes, oh my god, this guy at woo and
so the assistant coach speaks to the scouts, thinking he's discovered.

Speaker 3 (01:26:33):
Somebody say the.

Speaker 8 (01:26:36):
Chad Powers gay.

Speaker 6 (01:26:37):
It's good.

Speaker 8 (01:26:39):
I think I see something.

Speaker 17 (01:26:40):
Yeah, all right, all right, I see you baby.

Speaker 2 (01:26:47):
So the video is so popular they've now gone this
was just like a viral thing. It's two or three
minutes long. They've made an entire show around it. It's
about a guy who was humiliated in his last college
game that he puts on a whole new look. He
becomes Chad Powers for next season.

Speaker 3 (01:27:05):
Everyone says, I'm done with footfore her. There's no such
thing as bad price.

Speaker 2 (01:27:10):
Thank you please, Russ, I'll play with someone else.

Speaker 4 (01:27:14):
He's like extremely.

Speaker 2 (01:27:15):
Ugly Glenn Powell. Am I supposed to know that name?
Glenn Palell anyway, he's the star of the show. That's
just the teaser for the show they've release going to
be on Disney Plus the end of September. But in
the meantime, if you can contain yourself, go look at
Jared Goff did one, Eli Manning did one. I want

(01:27:39):
to say Peyton Manning did one as well. Several of
them have done them over the years, and they drop
into college teams and people just freak out about how
good they are. It's really quite entertaining. It's almost as
entertaining as this program. We're back tomorrow midweek already. Can
you believe that the weak is Wizn't you also believe
it's the end of June? Can you also believe it's
over half the year gone? So not on it's Wednesday,
Not it's the end of June, but over half the

(01:28:00):
year has basically gone. We're on the and the solstice
the other day. We're going to longer days and sunshine
and summer and spring, and I mean it's basically Christmas
back tomorrow from Six Happy Days.

Speaker 5 (01:28:11):
Home Worse Night fifty five years down the road.

Speaker 1 (01:28:17):
For more from the Mic Asking Breakfast, listen live to
News Talks. It'd be from six am weekdays, or follow
the podcast on iHeartRadio

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