Full Show Podcast: 24 October 2024

Episode Transcript
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Speaker 1 (00:00):
You're trusted. Ho the News for Entertainments, Opinion and Mike
the Mike Hosking Breakfast with the Range Rover Villa designed
to intrigue and use Togs, ed b Barning and Welcome.

Speaker 2 (00:11):
Today the orders. The General has a look at our
education system has found some very large gaps. We've got
any numbers around the forest Frey farmland scrap Australia, as
it turns out, might not be as splash as you think.
The Cross the Tasman for work Craig Parker remember him
shortly spread Sparta, this Lord of the Rings Fame. He's
back in the country for a word. Joe mckennon's and rhyme.
Rod Liddle checks in from the uk Oscar Thursday morning,

(00:33):
seven past six. This week in Russia, if you're not
aware of it, in the city of Kazan, the group
is meeting, or a group is meeting. They're known as Bricks.
It started out Bricks Brazil, Russia, India, China and South Africa,
but they have since added Egypt, Ethiopia, Iran and the UAE,
so they're growing and ahead of the meeting, Vladimir Putin
announced that it is this group that will be driving

(00:54):
global economic growth, not the rest of the world i e.

Speaker 1 (00:57):
US.

Speaker 2 (00:58):
And when you look at the rest of the world,
the Europeans, who whether you look at them individually or collectively,
barely scrape above zero percent in terms of growth at
the moment. All the Americans much better off than most,
of course, but still not in the league of the Chinese.
And yes you can argue the Chinese aren't what they were,
but at about five percent, they outperformed the bulk of
the planet's other countries. Ethiopia has been growing at over

(01:18):
seven percent, and India, of course in many respects as
the growth powerhouse of the world. And at the same time,
just this week, the IMF has worn the world about
a lack of growth because of the increasing amount of debt.
There would be more growth if the money we were
spending on interest payments was put into facilities and services
and infrastructure. And then you get to the fracturing of
the world generally. They also pointed out that the IMF

(01:41):
that there was an increasing amount of looking inwards. The
days of the free and open trade flowing with anyone
and everyone was getting harder and harder, and not to
mention more and more rare we currently have a scrap
of coursism. I'm sure you're well aware with Canada over Derry,
and that's a scrap with a country we like and
get on with, and we did a free trade deal
with and it's a pick aside sort of game these days.

(02:02):
But the truth is Putin's actually right. I mean, say
whatever you want about them or Russia or the war,
the cold, hard truth is trade and business continues. In fact,
war is often very good for business. India seem more
than happy to buy discounted oil from Russia. India does
business with whoever has the best deal. Bricks might once
have been seen as the old balls club, the outsiders club,

(02:23):
the despots club, the desperadoes club, forced together by global
shame and the shunning of the so called mainstream countries.
And yet look at them now, Look at their numbers,
look at their prospects, look at the fact that Putin
is right.

Speaker 1 (02:36):
Why news of the World in ninety second.

Speaker 2 (02:39):
Noveland, Turkey of a night, We've got a major defense
company has been hit by terrorists.

Speaker 3 (02:43):
We know that there are fifteen thousand people working in
tool shifts, and the timing coincides with each shift change
of the personnel of the campus not sure.

Speaker 4 (02:56):
Who Both the two people, the two gunmen that were
seeing seem to have been killed. The problem is that
is you can't then interrogate them and find out who
sent them. So the key thing here is who quote Bono,
who benefits from this.

Speaker 2 (03:09):
To the US race where the Trump camping complaining officially
about the UK Labor Party and volunteers helping out the Dems,
and how that adds up to interference.

Speaker 1 (03:16):
With two weeks before an election.

Speaker 2 (03:19):
Any story like this that is a distraction from the
substance of issues being debated from the candidates actually plays
to Donald Trump's benefit and against Kamaala Harris also troubling
the Dams as Joe who got let out yesterday to
say stuff they may regret.

Speaker 5 (03:33):
This sounds bizarre. It sounds like I said this five
years ago.

Speaker 6 (03:36):
You'd locked me up.

Speaker 7 (03:38):
We gottack him up, political acum, lock him out.

Speaker 2 (03:47):
That's what we have to do, which then leads to
can Lean again trying to defend him while pretending she
hasn't been hanging out with him for years.

Speaker 6 (03:53):
Joe Biden is an extremely accomplished, experienced and capable in
every way that anyone would want for their president.

Speaker 2 (04:09):
Fantastically convincing, isn't she? And in the UK the Chris
cowb fallout continues. Sees the gangster the police shot did
the other day, but had the officer found not guilty.

Speaker 8 (04:16):
The police officers who act with integrity and bravery to
keep us safe each day need to know they have
strong public support, because if officers lacked the confidence to
use their powers following their training and the law, then
public safety is.

Speaker 2 (04:31):
Put at risk. Finally, the Attorney baseball that broke the
fifty to fifty record has been sold fifty as none
run for the season fiftieth stolen base No one had
ever done it until shahe Hair Daney of the Los
Angeles Dodgers did it the other day. They put the
ball up for auction seven zero point three to one
million dollars. If you place to shatter the previous record,
that is news of the world in madn The record,

(04:53):
by the way, the previous record was Mark McGuire and
I couldn't work out this morning because it didn't have
time to look up. The previous ball was four point six,
so seven point whatever it was versus four point six
was Mark McGuire. The steroids guy. It was Arry Bonds
and Martin. Wow, you can't say that Barry Bonds.

Speaker 9 (05:09):
Wasn't the steroids guy.

Speaker 2 (05:10):
I think I think Mark McGuire was involved in a
bit of that. Anyway, all was expensive. Twelve past six.

Speaker 1 (05:18):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (05:24):
I'd be you know how Boeing are having trouble making
planes at the moment. They do have a division that
makes satellites, and they make a thing called the IS
thirty three E. Unfortunately they've fallen apart overnight as well,
total loss of communications with Intel Sat designed and built
by Boeing broken up in orbit. And if you've got
an Intel SAT device, then if you're in Europe, Africa,

(05:45):
in the Asia Pacific region, things haven't been going well
for you overnight. So planes, satellites, things, you know. Fifteen
past six, speaking of which are different funds management, Greg
Morning more Coca cola. We I've read that report that
it seemed flat.

Speaker 10 (06:02):
Yeah, that's right, that's right.

Speaker 11 (06:03):
So the demand slugglishipit prices up. There was the story.
So revenues lee point nine to five billion for the quarter.
That's about the same as last year. Earnings dipped two
point eight five billion volumes down one percent, but they've
actually been doing better than Pepsi. They've had product recalls,
so they've been picking up market share there. But yeah,
pricing that was up ten percent over the quarter.

Speaker 10 (06:23):
Interesting.

Speaker 11 (06:24):
Half of that comes from intense inflation places like Argentina,
but a lot of it's just general price heights and
customers training apps. That was quite interesting and been about
the outlock grow for ten percent. Expected doings to pick
up five to six percent. They're also reassured about this
E coli outbreak of McDonald's and that's actually their biggest
reshrunk customer, so your quarter pounders might be on hold

(06:45):
for a while. There's contaminated onions by the sounds of it. Starbucks,
they also had some softness at the top line. Sales
down three percent, nine point one billion, same store sales
down seven percent. Now it's the biggest drop since COVID,
foot traffic down TEMC. They've got a new CEO, Mike
he reckons all the problems are fixable than investing in
technology to improve service produce wake times. But I suppose

(07:07):
a lot of its cost of living challenges, and you
know there's people shunning high priced lattes and machiados, increasing
competition mode also be affected. Pick in China sales here
down fourteen percent. Same store. Hey, and you mentioned Bowen. Yeah,
continuing to having some problems as well. Revenues of seventeen
point eight billion, they top estimates, but they report a
loss of six billion dollars, so four billion dollars worth

(07:28):
of problems. That the commercial airlines unit, so you think
the seven seven seven they've had problems with, and then
the unit which houses the star liner that recently return
from space empty. That contributed to a two billion dollar
loss at the defense unit as well. So Manull they
talked up about a lean of future focus on cost.
Pretty ironic striking machine. It's so about to be given

(07:50):
a thirty percent plus pay rise to resolve industrial action.
So she has fell two percent.

Speaker 2 (07:56):
Now, Tokyo Metro, how oversubscribed?

Speaker 11 (07:59):
Was that around about fifteen times they've subscribed, So yeah,
the shares went more like a bullet training she they
surged forty five percent on their debut. So this is
Japan's largest IPO and six years since Soft Bank. So yeah,
Subway uproad they carry around about six and a half
million passengers a day. They raised around about two point

(08:20):
three billion US dollars equivalent shares across at the top
of the IPO range. Lots of demand. Just viewed as
a bit of a cash cow. High dividends, stable cash flow,
not much risk there and also a reason why out
lot for growth. So just really the demand and the
capital strong. If you look at their population Tokyo, it's
growing around about one percent.

Speaker 10 (08:37):
So yeah, great story there.

Speaker 11 (08:38):
Overnight.

Speaker 2 (08:38):
What about our agms freightways, they were interesting. It was
a busy day.

Speaker 11 (08:42):
Freightways was particularly interesting and you know a lot of
the companies sort of were updating your operator on both
sides of the test and some some differing stories. So
you look at freightways, I've been doing quite well just
despite a soft economy, particularly in Australia. They've got a
big footprint. Look at New zeald now and New Zealand
Curry couriers which competes to Earth and the nz Post
that's doing the government said ndir postss to be more
competitive in it like a real company, So that's been good.

(09:05):
They're not seeing any green shoots yet in the economy.
Freightways but they are doing well on the bigger higher
prices market. Sheer gains revenues up to seven point two
percent in the first quarter through a nine point six
million earnings up eleven percent. Seems a bit of a
recurring theme here, Mike. But Australia we get thirty five
percent of its revenues, continues to do better than New Zealand.
And then we have a look at Fletcher Building. Obviously

(09:25):
that said its fair hear of troubles this year. You
think the typical downturn, the pipe issue in Australia. They
see first quarter market volumes down ten to fifteen percent.
They see that continuing September was down twelve percent. A
bit brighter on the house iles front, they were averaging
seventeen per week in the quarter versus twenty three a
year ago. But September saw on improvement. They see things

(09:45):
yeah to tear itting in, but they do see things
picking up on the second half, in part due to
cost savings aroundbout one hundred and eighty million, So that
she has slipped Ebos, Healthcare and animal can name. They
read earnings guide, so that was positive.

Speaker 2 (09:59):
They orderarly.

Speaker 11 (10:00):
Ear instance September we're seven point five percentH are actually
were adjusting for the chemist warehouse contract they lost last year,
and they continue to tag strategic acquisitions at another campany
on both sides of the testament, Michael Hill four point
three percent increase in total sales for the first forty weeks,
but again very interesting yet Australian Canada both up around
six percent. In contrast, sales in New Zealm we're down

(10:21):
almost five percent. Look game numbers down down point nine percent,
as was the S and P, and there's that down
one point four percent at the moment, forty one hundred
down point six percent, Nicke down point eight percent, A
six two hundred, zero point one percent. We were down
zero point two percent of the nz X fifty gold
step back from record highs down twenty seven bucks twenty
seven and twenty one US an ounce oil, down dollar

(10:44):
twenty seventy spot fifty five for WTI, and the currencies
were down point seven percent against the US, was sixty
even up point one percent against the A dollar ninety
point five, down point three percent against Stirling and look
just looking at we've got aging Horse was speaking and
Washington at the moment. So yeah, we'll see what he
talks about the prospect of seventy five books next month.

Speaker 2 (11:05):
All right, mate, go well, Greg Smith, Devon Funds Management,
Nike pasking excuse me, who are sort of the Boeing
of sportswear at the moment. They got reputational issues. They
have the good news signed their deal with the NBA
and the WNBA for another twelve years. They do the
uniforms for the Major League Baseball and the NFL. But
they've got sort of, as I say, reputational issues. The
contract with the NBA worth about a billion dollars previously,

(11:30):
the new ones worth much more, takes them out to
twenty thirty seven. So they're in the game still. Six
twenty one here a News Talks.

Speaker 1 (11:38):
Edbo the Mike Asking Breakfast Full Show podcast on iHeartRadio
powered by the News.

Speaker 2 (11:46):
Talksb new polling out of the States in a moment
blatant to foreign interference. This is the connection between the
Trump camp and the UK Labor Party. The UK Labor
Party deny it. They say the Harris Wolltz campaign has
been bringing in people from the UK Labor Party, although
foreign nationals this is the Federal Election Commission rule. Although
foreign nationals may not make contributions or expenditures in connection

(12:08):
with any federal, state, or local election. An individual who's
a foreign national may participate in campaign activities as an
none compensated volunteer. This, by the way, is not the
first time it's happened. Then we come to John Kelly,
who says that he's a fascist Trump. They haven't worked
out that all of this is far too late. You've
formed your opinion by now so out from the vice
presidential official residence, rolls Carmela.

Speaker 5 (12:29):
It is clear from John Kelly's words that Donald Trump
is someone who I quote certainly falls into the general
definition of fascists. In fact, vowed to be a dictator
on day one and vow to use the military as
his personal militia to carry out his personal and political

(12:50):
vendettas Donald Trump is increasingly unhinged and unstable and in
a second term, people like John Kelly would not be
there to be the guardrails against his propensities and his actions.

Speaker 1 (13:07):
Are trending now with keeping Kiwi's healthy all year round.

Speaker 2 (13:12):
The history yes today in the NBA, the aforementioned NBA
Day one of the season's second game of the day,
like is up against the Timberwolves. Bronnie James was in
line to make his debut and created a little bit
of history because it's dead and son. Some coaching on
the sideline beforehand, all.

Speaker 12 (13:27):
Ready, huh, that's it, intensity right, just played care freedom,
we're about mistakes is blomb play hard?

Speaker 2 (13:36):
And then the moment.

Speaker 13 (13:39):
History tonight, the first father son duo to play together
in an NBA game. This is all in the family. Yeah,
what a celebration for the James family. Brownie's brother and sister,

(14:00):
his mom on hand.

Speaker 2 (14:01):
Some nice words after the game as Well's.

Speaker 12 (14:03):
Going up to that sports staying with my dad, checking
in for the first time, and that's at a crazy moment.

Speaker 1 (14:07):
Will never for his Why is this feat so special?

Speaker 12 (14:11):
It's family. It's always been family over everything. And uh,
you know, for me, I lost a lot of time
because of his league, committing to this league, being on
the road at times, missing a lot of his things,
brightest things, Serry's things. So to be able to have
this moment where I'm working still and I can work
alongside my son, it's uh one of the greatest gifts
I've ever got from the man above. And I'm gonna

(14:33):
take full advantage of it, but I'm still proud of
him and h he's my lifeline.

Speaker 2 (14:37):
I'm for sure Ronnie only played three minutes. Did in
school lebron got sixteen like his one one ten to
one oh three. The question continues to be asked, of course,
if lebron wasn't on the team, would Bronnie have ever
been recruited? And I think the almost universal answer is no,
he would not. Now some new insight this morning of
this ongoing and I find fascinating debate between foresting the

(14:58):
land and cattle and sheep.

Speaker 14 (15:00):
More shortly, the newsmakers and the personalities the big names
talk to, like Costing, Breakfast with Bailey's real Estate, your
local experts across residential, commercial and rural news togs Head be.

Speaker 2 (15:14):
From oud Democracy Watch. Things are not going well in Garner.
The Speaker of the Parliament suspended proceedings and definitely are
discovered that four MP's have switched allegiance. There's an election
coming up in the seventh of December. In switching allegiance,
the government no longer had the numbers, so they were
trying to work out who was running the country. So
they've gone to court and they're currently in court and
they're trying to work out where that's going on. Meantime,

(15:35):
in Mozambique observers working for the EU, so the results
have been doctored. They held an election over the week,
in fact last Friday, and the counting sort of still
going on in that very will let you know when
we finish counting kind of way, and the EU observers
are telling us that things don't look particularly kosher in
that part of the world either.

Speaker 9 (15:56):
Is this the result? You've got to go back and
Countada again.

Speaker 2 (15:58):
Exactly twenty three minutes away on seven speaking of democracy,
two years since George Maloney came to power, and of course,
if you remember, a lot of people went, oh, this
is the beginning of the engines turned out to be
exactly the opposite. Joe McKenna and Italy shortly meantime, back here,
new numbers on our deforestation and where the more trees
is hurting farming. Fifty one thousand hectares our productive land
has been lost in the last couple of years. Twenty

(16:20):
twenty two a forestation happened at double the Climate Change
Commissions recommended rate, and I suspect that's because it's easy
of course beef and lamb chair. Kate Acklin's with us
on this Kate, morning to you morning mate. Of all
the things that you guys deal with on the land
at the moment, from the cost of living crisis to
the cost of fertilizer, are shipping and banking and all
that sort of stuff, where does this forest thing sit?

Speaker 15 (16:43):
Well, look, it's usually concerning as he said, twenty one
thousand hectaies in the last couple of years, but two
hundred and sixty one thousand hectais since twenty seventeen, and
that whole farm that has been bought with the intentional
or planted already into forestry. And I guess for us
to concern, we know that for every hundred thousand hectes
that we lose, that's around a million sheep that are

(17:04):
lost out of the system.

Speaker 2 (17:06):
Okay, So I've got my land, I've got three hundred
and fifty hectares. I put it onto the market. Somebody
comes along and goes, I'll give you what you want
for it. What do I do, knowing it's going to
go into forestry? What do you want me to do?

Speaker 7 (17:18):
Yeah?

Speaker 15 (17:18):
Look, and that is absolutely the challenge. And I think
what's driving this. Actually it's not forestry as such. It's
actually those at the ATA settings that are driving the
carbon farming. So we just need some sensible limits. You know,
we're not anti trees. Were Actually there is absolutely a
place for trees and forestry, and you know the best
place for trees is to incorporate them within our farming system.

(17:41):
So it's just about making sure we get the policy
settings right.

Speaker 2 (17:44):
Mcclay's in charge, but he says they're still working through it.
Do you believe they're working through it in a way
that will conclude in a way that makes you happy
or you just don't know.

Speaker 15 (17:55):
Well, their pre election manifesto did set out what was
a pretty sensible platform, and that was put moratorium on
whole farm conversions on those land classes one to five,
which is the really productive land. And they're just putting
some restrictions on land class six, which is where a
lot of your hell country sheet and beef, you know,
a lot of your good breeding country.

Speaker 2 (18:13):
It was always going to come to this though, when
you talk about the Climate Commission. If you can simply
plant a tree to make your contribution to climate, you're
going to, aren't you, Because it's easy as well.

Speaker 15 (18:24):
It is the easy option, but I guess the question
is it the best option for New Zealand. Forestry absolutely
has a place, but what we want is mosaic landscapes.
We don't want a blanket landscape of pine trees.

Speaker 10 (18:35):
No, we do not.

Speaker 2 (18:35):
Do you have any indication when the government are going
to make some sort of decision on this, Look.

Speaker 15 (18:40):
They have indicated before Christmas, so we're hopeful that will
be well.

Speaker 2 (18:44):
Christmas is close, so let's stand by for it. Kate appreciated.
Kate Acklam. Who's the beef in the land? New Zealand
Chair twenty minutes away from seven task. If you follow
Trump trades, this is the money market on the race
predicted has Trump a head of Harris On price fifty
eight cents against forty five. Polymarket has sixty three versus
thirty six. Probably more importantly, mind you follow the money.

(19:05):
It's always the thing, isn't it. Nate Silba, who is
the fame? Nate Silber runs five thirty eight. His gut,
he says, this morning, his gut tells him Trump's in
the tendency to underperform in the polls. His own modeling
shows one point six percent apart. Intuition points to a
Republican victory. Harris's candidacy has become bogged down. Seventy percent

(19:26):
of registered voters said the country was on the wrong track,
and in general in the Western world went and it
applied here as well. When you have the majority far
less the vast majority of people thinking rightly or wrongly,
that the economy isn't working well for them yet a
change of power. Nineteen to two.

Speaker 1 (19:44):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio pr
it By News.

Speaker 2 (19:49):
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Speaker 1 (20:34):
Asking.

Speaker 2 (20:35):
Also on Democracy Watch this morning, the President of Austria,
who's a bloke called Alexander. He's asked the leader of
the Conservative People's Party the OBP, and the incumbent chancellor,
guy called Karl to form a coalition government. And you're
going to say to me, behold on, didn't the Freedom
Party come out on top of the election. Didn't the
Freedom Party win the election? Yes they did. I'm going
to say to you twenty nine percent. But here's the
problem with people who are of the far right in

(20:57):
friendly with Russia. Although a lot of people in the
country you vote for them, doesn't mean anyone else wants
to work with them. So as a result of this,
no one wants to work with them. Therefore they can't
be part of the government. The parliament. The parliamentary election,
says the president is not a race in which the
party crosses the finish line first, automatically getting to form
the government. If a party wants to govern alone, it
must clear the fifty percent hurdle. It's not sufficient to

(21:18):
reach ten, twenty or thirty. And so that's Austria six forty.

Speaker 16 (21:22):
Five International correspondence with ends in eye insurance, peace of
mind for New Zealand business.

Speaker 2 (21:28):
Never join a Kenna, Good morning to you, good money.
May and Maloney did win the election, and she's per
turned out. I think I'm fair to say to be
pretty popular, hasn't she.

Speaker 17 (21:37):
It's pretty amazing actually to see a prime minister last
two years in this country.

Speaker 2 (21:41):
Yeah.

Speaker 11 (21:42):
But she has.

Speaker 17 (21:43):
Celebrated that anniversary. She's released a video telling everyone how
wonderful she is and how successful she's been. She's put
Italy back on the international stage. She says she's relaunched
economic growth and employment, improved families, purchasing powers, save the
health system. I'm not sure everyone agrees with that. In fact,
a Sky Italy poll today said sixty percent of those

(22:06):
surveyed were not convinced about the government's economic measures.

Speaker 2 (22:09):
She held an election this afternoon, would she win.

Speaker 17 (22:13):
I think she would. Her personal popularity is still at
thirty four percent the opposition I think is failing to
make any sort of inroads. Most people think she's done
quite well on the international stage and defended Italy's interests
the economy mixed bag.

Speaker 2 (22:30):
I'd say, okay, and then, while speaking international, the Albanian thing,
where are we at with that and what are they
going to do?

Speaker 18 (22:36):
Well?

Speaker 17 (22:36):
This was actually very harmful, in fact, quite embarrassing for
Georgia Maloney. Last week, a Rome court said ruled that
Italy's plans to start moving illegal migrants and asylum seekers
to two migrant centers constructed in Albania was unacceptable. The
government has overridden that with a decree saying that they're

(23:00):
there are nineteen countries that are safe for migrants to
be repatriated. And Maloney's going to press on through with
plans to send these asylum seekers to Albania.

Speaker 2 (23:10):
And so can she do that given the courts or not?

Speaker 17 (23:14):
It looks like she can unless it goes to a
High court appeal of some kind, or it goes to
the European Court of Justice.

Speaker 2 (23:24):
And speaking of courts, where are we at with the
surrogacy thing?

Speaker 17 (23:27):
Well, this is quite an interesting move. You'd think that
the government would be more concerned about the economy and
some of those bread and butter issues. But the government
has pressed ahead with very strong legislation extending its ban
on sarrogacy outside Italy that's been in place since two
thousand and four. Now Italians seeking sarrogacy in countries like

(23:49):
the US or Canada so they could be gay couples
or heterosexual couples can face up to two years in
jail in Italy up to one million euros in fines.
They do not want to see surrogacy happening in this country.

Speaker 2 (24:05):
I forgot to ask the other day. We won the
America's Cup again just this past weekend, and Luna Rossa
didn't make it. How big a deal was Luna Rossa
at the time when they looked like they could go
through all the way to face US and the capitalies,
that sort of faded into obscurity.

Speaker 17 (24:19):
Look, I have to say it didn't really capture national attention,
and I think it might have if they'd gone all
the way. But unlike New Zealand or Australia or even
in the US, where it did make waves when the
national teams, when it does make waves when the national
teams are doing well. I think here the focus is
still football, football, football.

Speaker 2 (24:41):
Okay, good catch up next week. Joe, appreciate you so much.
Joe mckinner out Italy the Thursday morning for US eleven
away from seven called the.

Speaker 1 (24:49):
Mike Costing Breakfast with the range Roper the La news talks.

Speaker 2 (24:53):
He'd been You could have read on the economy yesterday
in New Zealand. Economy substantial and certainly they're not a
one hundred percent lockdown on it. But here's where they think,
arbo Bank, this is speaking of the rural sector. Rabobank,
I think we're going to have a cash rate at
three point twenty five percent. That's what they see is
what they call a neutral position. So they see another
fifty coming next month, and next month there's only days away.

(25:14):
That'll take us down to four point two five. Speed
of transmission of monetary policy is going to be faster
than it was at the start of the tightening cycle.
There's an unusually large share their words, not mine, of
mortgages currently in that variable slash short term fixed rate.
In other words, a lot of people are going to
benefit from lower interest rates more quickly. So the full

(25:34):
effect of those rate cuts are going to fly through.
There's some argument, they say, for the seventy five percent
that Greg has been arguing very strongly for. So maybe
seventy five percent. I doubt it, but there's a call
for it, and there's certainly an argument for it. We
see the pace of cuts slowing from February next year,
with twenty five points delivered at consecutive meetings in feb April,

(25:55):
May and July. Middle of next year, Ye're suddenly finding
yourself at three point two five sent shouldy mortgages in
the force, he said optimistically. Nikola Willis is giving a
speech today in which she will explain outcome contracts to
the public service. She doesn't need to explain that to
the rest of us, because of course that's generally how

(26:16):
contracts are supposed to work, but not in the public service. Apparently,
in the public service, contracts work on outputs. So in
other words, if you output something, if you just do
something that apparently is enough. What then happens to the
money in the contract apparently is not overly important. So
she's talking about outcome contracts. They will need to steal
themselves to acts initiatives that are no longer working for

(26:38):
delivering value. She is also the Social Investment Minister. Users
and providers of social services. This is where cost is going.
He's going to be your social services are a common
complaint is that there's multiple overlapping contracts that they have
with different agencies to do the same thing. Who do
not seem to be talking to each other, so no

(26:59):
one talks to each other. They don't care what happens
to the outcome because they don't do outcomes. They only
do outputs. And you wonder why we are where we are.
Seems an extraordinary thing that in twenty twenty four a
finance minister, in the circumstances in which we find ourselves,
should have to make such a speech. But there go
five away from seven, all.

Speaker 1 (27:19):
The ins and the outs. It's the fears with business.
Fiber take your business productivity to the next level.

Speaker 2 (27:26):
Which is somewhat ironic because when we had a government
that actually knew what they were doing, one of the
ideas they came up with was a thing called fiber.
This is twenty eleven. In twenty eleven we announced ultra
fast broadband and we were went whoo. It took ten years,
cost us one point seventy nine billion to get it
up and running. Overall, five point five billion has been
spent on the fiber network to date. So he comes

(27:48):
to return, this is the fresh material this morning. Before
the rollout, there were twelve percent of us who had
access to fib and out to eighty seven percent of us.
That's over one point eight million connections. There were ten
thousand fiber customers to day, this one point four million.
Now what's it done for productivity? Those outputs, those outcomes.
The report from Deloyd shows that the infrastructure has already

(28:08):
delivered thirty one billion dollars of economic benefit and productivity gains.
It grew the economy by eight point eight billion in
twenty twenty three alone. There's also going to be a
massive productivity uplift over the next decade. The report says
it could add a cumulative one hundred and sixty three
billion dollars to our GDP by twenty thirty three. And
that's just from tapping into the only sixteen percent of

(28:29):
the productivity benefits the fiber network can in fact offer us.
So you're going back to a bloke called Stephen Joyce.
And if you read Stephen Joyce, he was the man
who was rolling out the fiber and if you read
Stephen Joyce's book, he seems to credit Marris Williamson. Stephen
Joyce was the Minister of Communications and Information Technology, but
he credits Morris Williamson as the man is said to
tell you what's Stephen, have a look at this father

(28:50):
thing and you can probably do some good for the country.
So that's how you improve productivity, which brings us back
to the banks.

Speaker 10 (28:55):
Yesterday.

Speaker 2 (28:56):
I'm increasingly a fan of Antonia Watson of the A
and Z. I felt sort not sorry, that's the wrong word,
but she had a hard day in front of a
select committee. The government's made up their mind on banks
in this country, and I think in the fullness of
I think in totality, I'll probably sided with the government.
To be fair, banks have got a lot to answer
for in the way they behave in this country and
the profits, etc. But she fronted up. They're all going

(29:16):
to have to front up. She was first cab off
the rank. The return on equity is thirteen point one percent.
She says that's reasonable, fair and reasonable. There is much
debate around that. There is also much debate about how
the banks deal with the rural community in this country.
The government has decided banks need a good old ry
cup and kick up that. You know Watt's so she
defended her corner and good honor. She was the one
who brought up the capital gains tax. They raised that

(29:38):
with her yesterday. There's more where that came from. But
it's got a fate to complee feel about it. The
government's made up their mind. They're going to do what
they're going to do now eric Is stanf But as
it turns out, lucky we got her on the program
because there's a bunch of stuff we need to cover off.

Speaker 1 (29:51):
The breakfast show You can trust the mic Hosking Breakfast
with our Veda Retirement Communities, Life Your Way News TOG said, it's.

Speaker 2 (30:00):
Only seven past seven. So the Order to General has
been looking into our education systems, specifically inequality, basically why
some kids do well at school and others don't. The
educational gaps between rich and poor students are among the
largest in the world. Apparently the Education Minister Erica Stanford's
with us very good morning to you, Good morning make
is does the report make sense? Is there something to
act on here or not?

Speaker 6 (30:20):
Well?

Speaker 19 (30:20):
Absolutely, and the report is just another report telling us
the same thing that we've known for a really long time.
It crystallizes lots of data points. It talks about what
Erro's been saying for ages about not having consistent nationwide
picture of student achievement and progress. It talks about a
lack of data evidence and anything that we're doing, you know,

(30:41):
basically says all of the things that we've known for
a long time that no one's been able to tackle.
But luckily all of the recommendations basically some of my
six point action plan. So that's that's been one good
thing about it.

Speaker 2 (30:53):
The reason I asked the question is he also says
the general line that our students perform well similarly to
or better than other OECD countries. Now we've been led
to believe we're useless, are we or not.

Speaker 19 (31:04):
The problem that we've got in New Zealand is that
our top kids are amongst the top of the world,
but we have an enormous, yawning gap between those kids
and the kids at the bottom, and it is the
worst in the world, and it's not getting any better.
The richer getting richer and the poorer getting poorer in
education in this country, and until we have a clear curriculum,
until we have consistent measures of assessing them, until we're

(31:28):
using evidence based teaching methods, until we're investing in our
amazing teachers, until we've got learning support sorted that the
right child's getting the right support at the right time,
and until we use a much better until we use
best data better, nothing will change. But we already know
that in order to change a close that equity gap,
if you do those things well, then you will make
a real difference because we've already seen it. And that's

(31:50):
why those six things I just mentioned form the basis
of our action plans.

Speaker 2 (31:53):
Is it the kid? Is it the kid's family? Is
it the kid's school? Is it the neighborhood, is the
decile system or is it all?

Speaker 19 (32:01):
I've been very clear about the drivers of inequality, and
it is poverty. In this country. Your means determine your destiny.
It is almost the one single factor that is the
cause of that yawning gap, which is why when you
turn up to school, we need to cloak you in
that protective factor that is education, and that it doesn't

(32:24):
matter where you go, which school you go to, it's consistent,
a consistent, clear knowledge, rich year by year curriculum that's
comparable with the rest of the world. That's a teaching
practice like structured literacy, structured maths is the same everywhere
you go that we assess you everywhere you go to
measure your progress from year zero right up to year thirteen,

(32:45):
which we don't currently do, which we're about to do
with our twice yearly consistent testing that we're bringing in.
Those are the things that will change the dial. And
the last six years, the only thing we had, the
only thing we had to measure programs across the zero
zero to ten with national standards. Now, whether you agree

(33:05):
with it or not, and it had some problems, it
was the only thing. Labor took it away when they
came into office and what did they replace it with,
Mike nothing correct, absolutely nothing. And this report says we'll
need to have that clear, consistent picture across the country
so we can make changes.

Speaker 2 (33:21):
While I've got you put your immigration hat on. The
overturning of the ban on partners. Why do we ban partners?
This never made any sense to me. If you want
to come to the country, sure, you want to bring
your partner, don't you? Otherwise, why would you come to
the country.

Speaker 20 (33:35):
Look again, it sort.

Speaker 19 (33:36):
Of labour's good intentions but not really understanding the reality.
I can broadly see what they were trying to do.
They were trying to say, well, actually, we want to
make sure when you come here that you know you
are protected and that you are earning a good amount
of money. But the flip side was that people just
weren't able to do that. They were coming in the

(33:57):
country partners, they weren't able to earn the media and age,
they weren't able to work for a credit of work,
and so they sat here on a visit of visa.
And we know that because we had an massive number
of increased number of visit of easas over the last
couple of years, and that put enormous pressure on families
with only one income. And if you want people to
assimilate into society and make friends and take that pressure

(34:21):
of families, you have to allow them to work. So
bringing back open work rights for partners so they can
move between jobs work for anyone they liked was just
a no brainer.

Speaker 2 (34:29):
Makes sense. Put on a third hat, your survivors in
care are you reading the newsroom stuff as in the
newsroom website stuff, Yes, they're calling it a cover up,
is it?

Speaker 19 (34:41):
I think that the Royal Commission report made it very
clear that the state for many decades took great steps
to not provide documents, to obscate, to cover up, to
try and slow things down when things were taken to court.
I mean, that's clear in the report, black and white,
and there are people that have apologized for that. So

(35:04):
the Philoso, the General has apologized, and she's also talked
to me about the failings of Crown Law and the
failings of the state, and there will be more apologies
to come.

Speaker 2 (35:14):
And yet the irony is the article suggests that she
needs to go as in the Solicitor General. Would you
argue she was merely doing her job as the representative
of the government and was doing it particularly well, despite
the fact that morally you may look at that and go, well,
the lawyer, the lawyer, Well, she.

Speaker 19 (35:30):
Has she has made comments that Crown Law did not
meet expectations, they did not have a survivor focus, and
that they did not meet the expectations of the public.
But any questions about her role are for Minister Collins.

Speaker 2 (35:45):
All right, appreciate time very much. Erica Stanford on a
whole bunch of stuff, So it was lucky we had
her on this morning, thirteen minutes past seven. Here's room stuff.
If you're not sure what I'm referring to, I'll come
back to it later because it's very interesting. Meantime, other matters,
good news St. John and the workers. They've settled their
pay dispute. The government's going to be injecting in up
twenty one million into the charity, brings the total funding
perannum to three point fifty seven million. We had some

(36:05):
industrial action that ended last week. Members voted in favor
of the latest settlement officer offer and now the first
union National Organizer for Emergency Services famer CAN is with us. Fay,
good morning to.

Speaker 1 (36:15):
You, Good morning.

Speaker 2 (36:16):
Well what number did you get? What did it end
up with? Pay rise wise?

Speaker 21 (36:22):
So staff got most of the staff got a three
point two five percent pay increase. Dumb staff who were
paid below the living wage ended up getting just over
a nine percent increase, and that's to bump them up
to the living wage.

Speaker 2 (36:34):
Does that make you happier? Are you going to be
going around again?

Speaker 21 (36:38):
It's definitely a band aid, folks. I mean, any more
funding that goes into the ambulance Services. Obviously a win
in terms of the settlement we're going to be embarking
and next year. It still hasn't really fixed the problems
that we were concerned about, but certainly it's alleviated some
of the financial burden that people are finding themselves.

Speaker 2 (36:56):
Correct me if I'm wrong. This seems to be in
New Zealand first lead type. They've always been keen on
funding the ambulance service in a better way than it
has been previously. Are we getting close to it basically
being a government department like the emergency services generally?

Speaker 21 (37:10):
I think that we're still actually quite far away from that.
I think some of it is the fact that Saint
John wasn't saying they wanted to be fully funded until
very recently, so that obviously makes it a bit difficult
from our member's perspective. Absolutely they want it to be
government led. I think there's a lot of questions around
how it's run in general, and actually it makes it

(37:31):
very difficult with them being a charity to find out
that information and that's not what it should be for
an ambulance service.

Speaker 2 (37:37):
Do we need to change all that?

Speaker 15 (37:39):
I believe.

Speaker 21 (37:40):
So we've also got Wellington Free who's also a charity
that they haven't had any announcements for their funding. But
the assumption would be that if you've put a band
aid on one, I'm surely you need to put a
band aid on the other.

Speaker 2 (37:52):
Well, said Faie, appreciated famer Can, who's with the First
Union fifteen minutes past seven, tasking news room as in
the website's been doing so very good work on this
state care thing. There are calls for the Solicitor General
to stand down, to resign because of her role in
some of the court cases, her track record and how
she has made it very clear in all of their

(38:13):
legal technicalities and assault on children that were abused legally,
she has fought vigorously and aggressively to have us go away.
Now the problem is she's merely doing a job, and
that's what lawyers do. There was a lawyer who defended Polkinghorn.
You know what do you do? Justice must be seen
to be done. But then we've got the very good
piece also a Newsroom by Eric Crampton and the New

(38:33):
Zealand Initiative under the headline first Rule of Government Club
the state protects the state, So where the government goes
on this in terms of apologies and pay arts is fascinating,
But they seem to be newsrooms seem to be the
only one covering this. But if you're interested in it
because it's a big, big subject, well worth read sixteen Past.

Speaker 1 (38:50):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News.

Speaker 2 (38:55):
Talks at be same response every time, Mike, I'm a
teacher and I like some of what she said about
it education, but I do worry about those loveies no
matter how they try or reach the standards. Hope that's
something in it for the Mike. It's nice to have
a minister answering questions and clearly having a good grasp
on their remit and issues they're responsible for. Mike, Erica
Stanford's the perfect education minister, principal on good intentions, firm
on execution. What a big difference from the last useless

(39:16):
lot which had no standards, no execution, know nothing. Thank you, Jim.
And at the opposite end of the political spectrum is
RAWI white to t who I was watching in the
house yesterday. I am increasingly aghast. The problem is and
it goes back to the Austrian example I gave you
before it's all very well, not that the Murray Party
are popular, but in Austria, so the right wings, the radicals,

(39:38):
they're popular, they're win the election, but no one wants
to touch them with a barge poll. I think increasingly
this is a problem for labor. Do you want to
be within one hundred miles of the Maori Party? So
the big Ray, the Mungolo mob rag in a potokey
this week. They were talking about it in the House
yesterday and Mark Mitchell was congratulating once again the police
on their operation. But this was a police operation targeting
the mongrel mob, and White TTE calls terrorism motivated by

(40:02):
a racist agenda. I mean, how do you get away
with that sort of stuff? Obviously Mitchell says it's ridiculous,
but a police sponsored terrorism and a continuation of the
state's predatory behavior. So you're allowed to deal with the
drugs and you see what they got from them, the
bikes and the cars and the house and the cash

(40:23):
and the bank account and the meth and the coke
and the dope and the guns, and they stopped two murders.
But that's racist, and that clown's in Parliament.

Speaker 1 (40:39):
The mic asking breakfast full show podcast on iHeartRadio Call
it by News Talk ZEP.

Speaker 2 (40:46):
Now, if you think about renovating the old kitchen, interesting
development to tell you about. This year sees a new
type of kitchen bench top into the market. It's called Imperio.
It's made of a new layered compound. Imperio offers the
texture and durability of stone without the press into the
toxic chemicals like silica that's been a massive issue in Australia.
If you follow that, it's incredibly tough. It is singeproof, scratchproof, crackproof,

(41:07):
moisture proof and heat resistant up to two hundred and
twenty degrees. An Imperio's offered exclusively in this country by
the O'Brien group. Now they're a family owned business and
we love those. They've been fitting out the kitchens for
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They describe Imperio as a surface for life, an ultra
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An Imperio looks the part as well. It's available in

(41:29):
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So best of all, it is a highly affordable option
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Imperio dot in z as where you're heading Inmperio dot
in Zhsky. Now it is seven twenty four. I've got
some simple questions around our attitude to nuclear for you,

(41:52):
and whether we are capable of becoming slightly more mature
about all of this. So this country got semi famous
for its anti nuclear stance. Of course we were, but
we're still anti nuclear. But we got famous a lifetime ago.
But the world has changed, It has moved on. Amazon
and Google as well as Oracle are building their own
nuclear reactors these days. And of the not building their
own reactors, they are buying nuclear deals with places like

(42:12):
Three Mile Island, which also a lifetime ago, made headlines
around the world. They need nuclear to run data centers.
Data centers need astonishing amounts of power. New Zealand wants
to host data centers. Can New Zealand be a data
center hub given the power system we now run?

Speaker 1 (42:28):
No?

Speaker 2 (42:29):
Ironically, Just yesterday Genesis announced they'll be buying more coal
for next winter to cover the gap, the ongoing gap
that's not for data centers, by the way, that's to
turn the lights on on a cold morning. This country,
as we found out this winter, can't handle cold mornings,
far less data centers. And nothing's changing between now and
next winter. Factor in evs if you want, and we
return to the ongoing but unanswered question, just what is it.

(42:52):
We're going to run the country on hydros good, but
it's not reliable, and neither are any of the other options.
We may or may not ever get around pretty ing
at scale when solar batteries, nuclear is the only reliable
and by the way, it's good for the environment. So
we want to run data centers. We don't have enough power,
we're still burning more coal and the thing we hate,

(43:14):
nuclear is a viable option and being picked up and
run with around the rest of the world. Are we
to be left behind or are we to grow up
and move forward?

Speaker 13 (43:23):
Now?

Speaker 2 (43:23):
I'd like to think that answers itself. But let's see
ski disappointed to see yesterday we're going to lose an
electorate seat. North Ireland, in fact, is going to lose
an electorate seat in the election of twenty twenty six,
so there's going to be sixty four electorate seats, not
sixty five. Don't worry about the parliament. There's still one
hundred and twenty one of them before you get to
an overhang, so there's a thrill. So there's one hundred

(43:45):
and twenty one, which means you got another list seat?
Do we need more list seat? As a result of
fewer electorate seats, new boundaries are going to be drawn
up for the twenty twenty six elections. So where specifically
that gets hit, I don't know, but we will wait
and see. The MARI seats remain. By the way, at seven,
I note also that the kids, I suppose can I

(44:07):
call them kids? Sixteen seventeen year olds young people? The
ten offenders as part of the government's pilot military boot
camp academy, whatever you want.

Speaker 10 (44:16):
To call it.

Speaker 2 (44:16):
They graduated once again if that's the right word, on Sunday,
and they now move into their remaining nine months in
the community. So the news this morning is that there's
a little bit of concern that some of them might reoffend,
find a roof climb on it. Who knows what us
for a getaway car. Maybe some KFC I don't know anyway.
So far, the pilot organizers they're cautious to declare success,

(44:39):
but things so far, the initial three month in residence
phase has gone well and they've seen noted a noticeable
behavioral shift in the young men. So three months inside,
nine months in the community intensive care alongside with people
helping them out and fingers crossed. I mean, there's no critics.

(45:00):
It's like the old lunches.

Speaker 9 (45:02):
There's only ten of them. I mean, how hard is
it going to be to just keep an eye on them?

Speaker 2 (45:05):
To be fair, I think one lift, one didn't want
to leave. I think one left. I might be wrong,
but I think one left.

Speaker 20 (45:10):
Oh, it is quite hard to keep it eye.

Speaker 2 (45:11):
It is quite hard to keep an eye on them.
Moving to Australia and a lot of people are doing it.
It's a thing, but it might not be all it's
cracked up to be.

Speaker 16 (45:19):
More.

Speaker 2 (45:19):
Shortly, the big.

Speaker 1 (45:22):
Use bold opinions, the mic Hosking Breakfast with the Range Rover,
the law designed to intrigue and use togs. D B. B.

Speaker 2 (45:31):
Parker came through our ten to Mini Mini Mini Who's agoing?
Shortly through it, of course, as did so many actors.
Lord of the ring is smart to guess. Anyways, back
in the country filming something quote unquote secret at the moment,
but we will we will strap them down to the
floor and we'll water board him until he tells.

Speaker 11 (45:44):
Us what it is.

Speaker 2 (45:45):
Anyways, with us after eight o'clock this morning, the longtime
at twenty three minutes away from it is the trans
Tasman fight back on. We've got new numbers around the
income gap between us and them. When it comes to
the construction industry, the infrastructure industry generally, and is it
well it's shrinking. Are the Construction and Infrastructure Workforce Development
Council Chief Executive Philip Aldridge is will it?

Speaker 10 (46:04):
Philip?

Speaker 2 (46:04):
Very good morning to you.

Speaker 20 (46:06):
Good morning, Mike.

Speaker 2 (46:07):
So how much variability have you found? I know, for example,
wages comparable for electricians and telecom workers except if you
happen to be in Victoria in New South Wales. So
what do you have to be? Where do you have
to be before you start getting all these weird and
wonderful comparisons.

Speaker 20 (46:22):
The ounce's context, Mike, it is quite hard. So reality
is the free occupations you looked at, well, lots of
occupations looked at the Letcher Tech was the same, but
for mobile plant operators and construction workers deal with quite
a big difference. Australia is paying more. I think the
key thing is that it's a lot more in salaries,
involves house prices, US takes income, school fees, medical fees,

(46:47):
those other things. We're trying to bring a wider picture
good and trying to bring a update information for employers
and workers.

Speaker 2 (46:53):
I'm very glad you're doing it because life stage, I note,
plays an interesting role. So when you're young, you're a
bit frustrated. You will looking in the meatworks in the
middle of the North Island. You got laid off the
other day. Why wouldn't you go to Australia. But by
the time you have some children, look at education, et cetera.
It all changes, didn't it.

Speaker 20 (47:10):
Exactly. What we found is that when people are young
and just been traditional oe to Australia's tradeing oe, they
can go and live in Bondo Beach and work lots
of ours, get lots of overtime. But as they get
older and they want to settle down, then come the
housing gap is is shrunk. Socially, it's more attractive in
New Zealand to have raise a family, buy a house

(47:30):
and go from there. So it's also Australia. One thing,
Mike is Australia seems to be a lot more misogynistic
and our culture is better here. So if your female
worker is better to.

Speaker 2 (47:40):
Work in zone, how do you measure that?

Speaker 20 (47:44):
Well, that's through the through the quality of the feedback
we got. We did both quantitative administrative startup, but also
lots of interviews, and that was one of the things
that came through quite strongly that Australia has a harder cultures, satistic,
both male and female.

Speaker 2 (48:00):
Yes, it's true. I'm just interested. I mean, if you
look at the reporter to Channel Line the other day
and the media in general, I mean it's shocking what
goes on in some parts of that sort of. But
then you come back to the question why do you
move to Australia in the first place, And how much
of it's about beer and sunshine and just good vibes,
And you can tell me a million different things. I
don't care because I'm going.

Speaker 20 (48:21):
That's true. Well, as you know, as you said, your
chund and doors are over there as well in terms
of England and Australia, and so I always get that.
The key thing is how do we think people back
and how do we make sure there's up to date
information because people aren't always spending lots of money in
the mind anymore, so you'll make sure it's up to
date information. And also we know within sort of fifteen
eighteen months, twenty twenty six and twenty seven we're going

(48:43):
to start to big up take in construction and instructure
any workers here to deliver that.

Speaker 2 (48:49):
That's an interesting part of your report. People need to
think about New Zealand's long term potential? Do you think
they do?

Speaker 20 (48:58):
Probably not, to be honest, I think they're probably thinking
because they got a job, if they're making money, the
opportunity to make a start a business. But I'm thinking
about that. I'm thinking, how can we have the labor
skilled labor to twenty six three seven when we get
out of this sort of dolgrum and start seeing major
works come on line over next two or three years.

Speaker 2 (49:18):
Fantastic Good on you, Philip. I'm glad you've done the work.
Appreciate it very much. Philip Aldridge of the Construction and
Infrastructure Workforce Development Council CEO, And he's right. Our son's
just moved to Edinburgh, by the way, not that you care,
but I'm just telling you this because he raised it
interestingly enough. It's the question will they ever be back?
One won't. I'm almost certain they won't. The other one

(49:39):
I couldn't tell you. But he's moved from London to
Edinburgh and he's loving Edinburgh. He thinks Edinburgh is a
fantastic place. It is warm, not literally it's freezing, but
it's kind and it's friendly and it's open. And he
tells us the Scots have the best sense of humor going,
which is nice night.

Speaker 9 (49:57):
And it's a long way away from you, of course,
it is a long way away.

Speaker 2 (50:00):
That is That is indeed correct. It is my last gig,
nineteen minutes away from I note that the millennium speaking
of good things happening in the economy. I'm glad that
report does that because if you look at New Zealand,
I've got a good vibe about New Zealand. Not literally
right here right now, but I've said a couple of times,
and i just want to reiterate when I'm proven right,
so you can go. Didn't Mike say that by the

(50:22):
end of this year, which isn't that far away. When
you go into the Christmas period, you're going to be
seeing a number of things that are looking up, just
in general, the vibe, the mood, the marbo. The interest
rates will be down, the housing market will be moving,
the job market might not have turned, but it'll be close.
And then when you move into twenty twenty five, we're
going to start to see some real momentum. By twenty
six it's going to be business as normal. That's my

(50:43):
vibe about this. So I'm glad that somebody's putting out
reports telling us to think a little bit more longer
term as opposed to the here and now. Anyway, back
to hospitality Millennium and copthorm As in the hotel people,
they're back into Christy for the first time since the earthquakes,
which I didn't realize they had left, because I mean,
you know, when you stay at a hotel, who the
hell knows who owns the thing doesn't really matter. Anyway,
They've gone and bought the Mafia Hotel, which I am

(51:04):
here to tell you I am a frequenter of, and
when we go to christ Use we stay at the
Mayfia Hotel. Why because the cool hotel and so obviously
the Millennium and Copthurn people work that out. So they've
gone and board at to thirty two million dollars sixty
seven rooms and so they are back in the business
of hospitality. So yet another little sign that people are
vibing in the positive direction. About one christ Church in two,

(51:25):
New Zealand seventeen to two.

Speaker 1 (51:28):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by the News Talks at Me.

Speaker 2 (51:34):
It is fourteen away from a Northland speaking of tourism
and hotels, it's the Mayfia. For all the people texting
and saying what was the name of the hotels? The
mayfa in christ Church, Northland one of the best twenty
five places in the world to travel to next year.
This is listed by National Geographic spot Rear Wildlife. I
don't know what the size of the tourism market to

(51:54):
spot Rear Wildlife is, but international travelers they write and
they're correct. Landing in Auckland usually hits south, but the
little visited Northland region has fascinating wildlife and warm waters
that offer excellent diving. All true. Many fish species in
the reserve are such spotted black groper, the mosaic moray,
the Lord how coral fish? The Lord? How coral fish

(52:16):
only found nowhere else in the country. I know ague
with it. So what's the walk that's broken at the
moment by the cathedral cove because you can't get the steps.
Don't worry about that. Got the coral fish. See one
door closes, another one opens. That's how it works, isn't it.
I don't know if I'm going to have time, but
this very interesting piece TV three's Stuff's ratings. The news

(52:40):
is in dire, dire, dire trouble and I will come
back to that later on. I got some interesting numbers yesterday,
but it's very good piece this morning. You've got to
read it follows on from Layatensmith. We did the interview
last week or the week before, can't remember, but Lighton
did a podcast with them, Roger Partridge of the New
Zealand Initiative, and they're deeply concerned, as we all should be,

(53:01):
with the overreach of the Supreme Court in the moment,
so our highest court overstepping its bounds, reshaping laws and
ways that challenge Parliament's authority, says a new piece from
Roger this morning, where they come up with a couple
of solutions as to what the government should be doing
about this overreach in New Zealands and new report who
makes the law reigning in the Supreme Court. So they've
got a couple of ideas. Parliament should introduce a traditional,

(53:22):
thin definition of the rule of law into the Senior
Courts Act. This would moderate the Supreme Court's intervention ast tendencies.
Parliament should also tighten the rules the courts use when
interpreting laws made by Parliament. The Legislation Act of twenty
nineteen provides guidelines for how court should approach this task,
but these guidelines are broad, giving judge a significant leeway.
Tightening these rules in a couple of key ways would help. Firstly,

(53:44):
Parliament should specific or specify that courts must interpret statues
based on their context at the time of enactment. Now
that goes back to the twenty eleven business of the
Foreshore that the Government are currently grappling with. Secondly, Parliament
should restrict the principle of legality, aged judicial doctrine that
protects purported rights from being overridden by general or am

(54:04):
ambiguous statutory language. They also say reforming the Bill of
Rights is another crucial step. Our report recommends reforming the
judicial appointment processes. Appointments to Senior Appellate Court should favor
candidates who have demonstrated judicial restraint and respect for Parliament's role. Now,

(54:25):
whether any of that's going to happen or not is
highly debatable, but it needs to and the sooner the better.
Eleven Away From eight the make.

Speaker 1 (54:34):
Costu Racist with Faws Talk says The Away from Queen
Sounds finally opened its film production facility.

Speaker 2 (54:41):
Five years of the making remarkable studio now open for business.
It's an alternative to what's off. And I suppose an
Auckland screen Time New Zealand boss Philly de Lacy happens
to be in France at the moment, but that's not
going to stop because we got the tech to get
her on the old WhatsApp morning. I remember talking about
this when this this whole thing was first mooted. Is
it if everything you dreamed it would be.

Speaker 18 (55:03):
The studio? Yeah, I'm delighted. Oh look, we're so excited
about it. We've been looking for a studio space in
Queenstown for I've been looking for more than five years.
I know lots lots of people have been looking for
a lot longer. And we were in Queenstown starting up

(55:25):
A Remarkable Place to Die at the beginning of the
year and an old department store came available and we
all just like the whole team rang me and they're like,
we've got to take it, and I went, oh my god,
we've got to take it. And so we filmed A
Remarkable Place to Die, which is an eight hour series
which is launching here atcom at the moment in the studio,

(55:46):
and it was just too good to let go. So
we've spent a bit of time negotiating, figuring out how
we're going to run it, and we're now open for business.

Speaker 2 (55:55):
So can you answer the question, if you build it,
will they come?

Speaker 18 (56:00):
Well, since we announced that, we've had multitudes of inquiry,
so I would say, so.

Speaker 2 (56:07):
Are you eating somebody else's lunch like Aukland's.

Speaker 7 (56:11):
No, not at all.

Speaker 18 (56:12):
I think there is a lot of production that will
spread all over the country. It's a small space, but
it's what it does is make production in Queenstown a
lot smoother and much simpler process. And you know, we've
got absolutely spectacular locations in Queenstown and it needs a
facility to really be able to make the production industry

(56:33):
in that region boom, and you know, and it's a
great complementary industry to tourism, so it sort of goes
hand in hand, and we really want to build the
infrastructure there.

Speaker 2 (56:43):
Going to do you have the people or do you
need the people? And do they need to relate?

Speaker 18 (56:47):
I've got lots of amazing people and we want to
attract more. It's the upshot.

Speaker 2 (56:53):
What's your state, because you'd be at the cutting edge
of all of this. See the media landscape in this
country is in some dire straits at the mind, but
then again on the international stage, you got all the
streamers making no end of product. At the moment, are
things good for people like you or not?

Speaker 18 (57:08):
We look, I want to touch wood a lot of
the time because we're having a great year at the moment.
We the industry in New Zealand is really tough. You know,
our broadcasters are going through a really, really difficult time
and I hope that gets rectified because I think it's
really important to protect our terrestrial broadcasters and that's actually

(57:30):
something that's been commonly said around this market. But I
think that there's also opportunity you know, there's shrinkage in
the market around the world, which means that people are
looking for different ways to do business. And New Zealand's
a great market to do business. We've got amazing crews,
we've got the New Zealand dollar, we've got you know,

(57:52):
equivalent rebates to everywhere else in the world, and we're
a really good, honest, you know, excellent operators. So I
think that that's what, you know, that's a real strength
for us, and I think that there's there's actually real
opportunities for us to do more co productions, look at

(58:13):
different ways of doing business, and eventually things will come right.

Speaker 7 (58:16):
Good.

Speaker 2 (58:17):
Philly go well in France. Philly the Lacy screen Time
New Zealand five minutes away from it. As from the
general media reading yesterday that TV three Stuff's News on
Sunday was watched by twenty six thousand, three hundred people
in the demo, which I think is twenty five to
fifty four. Twenty six thousand and three hundred people. Is nobody,
I mean in this program on hundreds of thousands of

(58:38):
people listen, which is not to you know, spreak this
program just trying to give you a comparison TV one,
which is their direct competitor, had six times the number
of viewers, a fifty six share, which means of all
the people watching the television, that maybe got fifty six
percent of the market to nine when in their so
called heyday, I'm reading news have had a thirty share.

(59:00):
Then when it all fell apart, and it fell apart
completely in July they had a twenty share and on
Sunday they were down to nine. So how long can
that continue? The whole thing's very very sad. Then they
were talking about a program that started at seven o'clock
on Sunday on TV three called On the Latter, which
is a sort of a housing program a supported by Kiwibank.
It had six thousand, four hundred people. Six thousand, four

(59:24):
hundred people. There would not have been a less successful
prime time launch in New Zealand. Television history wrote the first.
So it is a duer old state of affairs, I'm
here to tell you, speaking of TV and movies, though upbeat,
I'm sure Craig Parker on the program After the News,

(59:45):
which is next.

Speaker 1 (59:49):
Your trusted source for news and views, the Mic Hosking
Breakfast with Dailey's Real Estate, your local experts across residential,
commercial and rural news talk said be.

Speaker 2 (01:00:03):
In a seven past eight, Craig Parker's back in the country,
Shortland Street, Lord of the Ring, Spartacus, Take you Peck.
He's currently filming something secret and there's also appearing at
the Armageddon Expo this weekend. Anyway, Craig Parker, as well
as very good morning to you, to you and delightful
to meet you. It seems that it seems one of
those weird things that I've been around a long time
and you've been around a long time, and.

Speaker 10 (01:00:23):
Yet we have never met.

Speaker 2 (01:00:25):
We've never met, so we're rectifying it now. What do
you hear filming?

Speaker 10 (01:00:29):
I can't says?

Speaker 2 (01:00:31):
Is it super cool?

Speaker 10 (01:00:33):
It was very lovely to be asked, and it was
very lovely to do. It's all done now, I was finished. Yes, yes,
So have you seen it?

Speaker 11 (01:00:41):
No?

Speaker 10 (01:00:42):
I haven't.

Speaker 2 (01:00:42):
Do you have a suspicion as to whether it could
be brilliant?

Speaker 10 (01:00:45):
It'll be amazing? Will it be one of the best
things has ever been on television in this country?

Speaker 2 (01:00:49):
So it's a TV thing there?

Speaker 7 (01:00:51):
Yes?

Speaker 8 (01:00:51):
It is?

Speaker 2 (01:00:52):
Okay, funny drama, Oh everything, what's the secret you about?

Speaker 10 (01:01:01):
It's just it's nothing particularly exciting.

Speaker 7 (01:01:04):
It's just.

Speaker 10 (01:01:07):
It's just that it is. It is better for it to.

Speaker 2 (01:01:11):
Remain okay, fair enough to well, I'm glad you had
a good time. How much time you've s been back
here these days?

Speaker 10 (01:01:17):
The last time I was back was two Christmases ago,
and then before then I hadn't been back throughout COVID.
So the idea of being in a room for two
weeks by myself was I every few years I try
and come back, and ideally so my parents down south,
so if I can do Christmas with them and then
have a month in Auckland in January, which is the best.

(01:01:39):
It's one of the best places on earth to be
and it escapes. I live in Los Angeles where we
don't really have weather, but January is a bit wet
and a bit slightly colder than yes and normal, so
it's kind of nice to escape.

Speaker 2 (01:01:50):
So you are an American now, I am an American.

Speaker 10 (01:01:52):
I got my citizenship this year, no last year.

Speaker 2 (01:01:58):
So to explain to everyone, because I asked you on
the same questions, when they come and when they do,
what you do? So you go there on a visa
and you get to work in that spine and if
things go well, you then get maybe a Green card,
which you've got and then then you've become a citizenship.
But a citizen is a conscious decision, though, isn't it
as opposed to being able to merely be there and work.

Speaker 7 (01:02:15):
Yes, and.

Speaker 10 (01:02:17):
There is a slight difference in that the green card
gives you, you know, absolute everything except voting and one
other thing which I'm never a call. But you have
to remain in the country. You have to be in
the country a certain amount of time each year, and
you can't then go away work in another country for
nine months a year and then come back. It's difficult

(01:02:38):
where if you become a citizen, it's I can come
and go as I please. The difference is you pay
tax there for the rest of your life or you
put in a tax return. And I think they can
call you up into the militia if they go to war,
which you know in America may well have it. I
suspect I've aged out of that risk.

Speaker 2 (01:02:57):
What is it about America that made you want to
vest to bet extent?

Speaker 10 (01:03:02):
I had lived in London for a long time, which
I absolutely loved, but the industry there is difficult. If
you're not English. I think England is difficult. If you're
not England, England is difficult. I grew up in Fiji,
so New Zealand, you know, is very much home. But

(01:03:23):
I've never I've never needed a place to be home.
Home is a collection of friends or where I want
to be. So that freedom in England where slight I
found I was there was a freedom from their integral
class system and what school you went to and all
that thing. We sort of get to skate through that
because we're not even in competition for that. But it's

(01:03:47):
a wonderful place. It's just it's a bit grim. So
you talk to people about you know, I'd have a
meeting with my manager or agent there and that'd be like, oh,
it's terrible, darling. It's you know, it's all awful. There's
nothing going on all you know, it was booming industry.
But you go to America and especially when you first
arrived there, and you know, you go to meetings everywhere,

(01:04:08):
so everyone wants to meet anyone new just in case
there and everyone is so god damn positive that like,
oh we're so glad you're here. It's amazing, We're going
to do great things. I can't wait to work with you.
So you it's you know, and it's it's rubbish, but
it's that positivity is amazing and and it really is
the place for this industry where you know, things are

(01:04:31):
changing a bit now, but there was a sense of
anything as possible. And also it was a large enough
market that you are in one successful show, you make
enough needing to be safe for a while.

Speaker 2 (01:04:45):
That's the story of America, though, isn't it anything as possible?

Speaker 10 (01:04:48):
Anything as possible. It's I'm not sure how real that
story is anymore real for you, Yes it is, but
there is there is a you know, every country has
its own myth and its own idea of itself enough,
and that's slightly outdated, I but there is greater possibility.
It's just a very big place. It's and California is

(01:05:12):
different to a lot of you know, it's Europe. It's
a whole lot of different countries all shoved together pretending
to be one country exactly.

Speaker 2 (01:05:18):
Let's talk about some of the spartacles and that stuff
in the moment, the armor give and shortly Craig Parkers
with us twelve minutes past.

Speaker 1 (01:05:23):
Eight, the mic asking breakfast full show podcast on iHeartRadio,
car it by News Talks.

Speaker 2 (01:05:29):
It just talks to quarter past Craig Parkers with us.
So you can't tell us what you were here filming.
That's fine, but you are here for the Alma Gidden thing.
Just let me get into that by talking about Lord
of the Ring, Spartacus.

Speaker 10 (01:05:40):
That whole world.

Speaker 2 (01:05:42):
How did you get into it? And did you partially
answer the question by saying once you get and it
leads to a whole bunch of other stuff.

Speaker 10 (01:05:49):
Anyway, Absolutely it was. There was a show Hercules, yeah,
and there was a show Zena and Young Herk and
a number of sort of robbed hap at. One of
great producer came to New Zealand to use New Zealand's
environment and for fantasy, and they were campy and they
were silly, but they became big money shows for New Zealand.

(01:06:13):
We hadn't been used to any of those budgets, and
you know, the shows were pretty crappy, but it was
suddenly a different way of working. So all of New
Zealand's crew and all of Auckland at least Crewe and
actors all were on the show at some stage. And
as an actor you would be invited back, you know,
every couple of weeks and you put a different wig

(01:06:33):
on a different thing and be someone else. Terrible accents,
terrible acting, a lot of things like that. But it
gave us all the taste of that, and I think
it was the beginning of New Zealand being seen as
a great location, particularly for fantasy staff from overseas.

Speaker 2 (01:06:48):
Do excuse my ignorance because I don't know any of
the names the people who were coming to apart from
Jason Mama, obviously everyone knows whom. But the other people
that are coming are they within world?

Speaker 10 (01:07:01):
I don't know anyone. So often you you know, I
do quite a few of these things, and it's it's
like school camp, you know, over the weekend you get
a little gang of friends from the guests.

Speaker 2 (01:07:11):
You don't underplay it because we had Do you know
the name Robert Patrick? Yes, yeah, right, So he does
the same thing. So he turns out I'd never meet
him either. It turns out to be nice at Gloving.
A lot of nice guy in the world. So this
this whole thing of going to Armageddon's around the world,
this is an industry. It is it's absolutely time industry
and it's it is a.

Speaker 10 (01:07:31):
I it's easy to be cynical about these things, but
they're actually I love them. They're a place where, for
all different reasons, people who love a show or a
genre of shows come together and you get to meet people.
When we make a show, it's it's about the making
of the show. Well for me anyway, it's the Carni
folk aspect of it. And you you you know, you

(01:07:54):
have a home viewer in mind, but the process for
me is all about the making of it and you
sometimes you forget that other people out in the world
watch it, which is a good thing because it pays
our bills. But these events you get to meet people
who really love the stuff you've done, and it's it's
not an ego thing where you're going, I'm amazing. These

(01:08:14):
people want to meet me. They want to meet you
because you are part of some world they love. And
with a Lord of the Rings those I'd never read
the books as a kid. I didn't know the value
of those stories, And twenty years later still people are
coming largely for Lord of the Rings stuff.

Speaker 2 (01:08:31):
Well, would you have inhabited advice?

Speaker 18 (01:08:32):
Do you?

Speaker 2 (01:08:32):
Twenty twenty five years ago? Here're some fantastical stuff that
could you could be into as an actor. Would you
be going, well, that's not really familiar. I've got bitter ideas.
Or once you immersed yourself and you couldn't believe your.

Speaker 10 (01:08:42):
Luck, we couldn't believe the luck. And also I love
those There is something about fantasy worlds that there is
something operatic and wonderful. You get to you know, if
you're going to hate you really hate, if you're going
to love you, really love you, you can really sort
of have a good time with it. So I do
like those worlds, and you can get it in a

(01:09:03):
realistic setting. Every show has to define its own universe,
even if it apparently is this universe, it's not. It's
always a universe within the show. And within the fantasy
worlds you get to play some really fun stuff.

Speaker 2 (01:09:17):
Is it original? And the reason I asked that I
read a report the other day post the strike in Hollywood,
production's gone down.

Speaker 10 (01:09:23):
Terribly exactly eighty percent less exactly so.

Speaker 2 (01:09:26):
They don't make. What they are making is all remakes
of remakes. There is not an original idea left. Yes,
so is what you're doing an original idea or just
an offshoot of the same thing.

Speaker 10 (01:09:38):
Well, there's the idea that there is no original ideas.
It's it's the five stories that we retell. But what
has happened is it's I think there's a number of things.
There is that sort of eighties happened with it manufacturing.
There is an asset stripping going on throughout the studios,

(01:09:59):
and hedge funds own I think it's seventy percent of
the studios are owned by hedge funds. Now and hedge
funds don't grow anything. They shove ahole lot of capital
in somewhere, they strip as much return from that, and
then they fack off with their I said, back with
their capital, and they leave ruins behind. So we're sort
of going through that change. And we're also going through

(01:10:21):
a stage where you pay j Low two hundred million
dollars to do five films for Netflix. You don't really
care how good they are because it's Netflix. So everyone
tunes in that night. I think they had half a
billion people tune into some robot thing and you know,
she's great. People in it are great. It was terrible,
but it doesn't matter because this you don't need them

(01:10:42):
the next night. You just need that one metric to
amazing and it's heartbreaking, but I think, you know, there's
still some of the most creative people in the world
are working out of that place, and they will find
a way to make good stories. I think there are
still good stories being told, but there's just a lot
of drafts at the moment as well.

Speaker 2 (01:11:03):
One more question about being a US citizen, will you vote?
I well, absolutely, you've decided yes. Yes, Even in California.
I suspect I know which way you vote that doesn't
really make but in California it's it's a Democrat.

Speaker 10 (01:11:17):
I suspect, yeah, my vote will not really alter what
California is going to do. But I still the fact
that I can vote is an incredibly powerful thing for me.
I think, you know, I I wish everywhere it was
compulsory to vote, right. I wish people took a vote.
The value of a vote to process serious, the process seriously.

Speaker 1 (01:11:38):
Yeah.

Speaker 10 (01:11:38):
And also, and I absolutely get it there are people
who go it doesn't make any difference which way I vote,
because there's a whole lot of people who you know,
never really benefit. But but for me, it's I love it.
I got to vote. I think in more sort of
local things last year.

Speaker 2 (01:11:54):
Do you vote in props and props?

Speaker 10 (01:11:56):
You know I do, But it's so confusing the system
there is. You know, whenever there is a Prop fifty five,
it's like vote no one to say yes to reject
the proposal that you agree with, and you have you
know you have to. So there is certain amount of
things that you just you find a newspaper that you trust,
or you that aligns with your thoughts, and there's a

(01:12:18):
whole lot of you know, the dog you vote for,
the dog catcher or the local librarian assistant and stuff.

Speaker 2 (01:12:23):
So Carrie would Kerry, you were embracing her in a
way that I've really seen. Is there something you want
to tell us about you?

Speaker 10 (01:12:35):
I love carry Woodham more than anything. We we met
each other years ago in the disgraceful days in Wellington
of Heredisa and I love her and she and I
lived together for a week.

Speaker 2 (01:12:49):
While Stop and I didn't even know. I just thought
these two know each other.

Speaker 10 (01:12:52):
No, I adore her. I haven't done it for a
few years.

Speaker 2 (01:12:54):
Good will you get catch up with him? Good to
make you nice to talk?

Speaker 7 (01:12:56):
Loving me?

Speaker 2 (01:12:57):
Thanks for talking, Craig Parker Like twenty two on my Costool.

Speaker 1 (01:13:01):
Breakfast with our feeder, retirement communities, news togs B.

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three oh nine pasking Mike funny, you should mention yourself
and Craig have never met. I was just thinking to myself,
how on earth to two such high profile celebrities never

(01:14:12):
cross paths. Well, first of all, he's a celebrity and
I'm not. I'm moderately high profile. He's the real deal.
But you would be surprised at how few people I know.
And it stems largely from the fact I never leave
the house, and so I come here in the cover
of darkness, I turn on a light, I present to

(01:14:32):
you for three hours, and then I scurry away home,
never to be seen for the rest of the day.
And that's basically out work rod little as lit as
after the news, which is next, here's news talks head been.

Speaker 1 (01:14:48):
Setting the news agenda and digging into the issues. Is
the Mic Hosking Breakfast with Alveda, Retirement, Communities, Life Your Way,
newstg saad been.

Speaker 2 (01:14:57):
So it's begun the world of AI and where it
goes and what so so what happened was there was
this new trend. There's new thing called AI, and we decided,
like we do with all trends, that was going to
up end the world. We'd all lose our jobs, would
be run by robots in the world would no longer
be the way we recognized it in about three and
a half minutes time. Latest commentary is around the idea
that probably none of that's going to happen, that AI

(01:15:18):
is very useful, it's a modern tool. In certain areas,
you can do some interesting things with it. More interesting
things will develop, but it's not going to up in
the world. Then we get round the idea when we
were still in the freak out stage as to how
governments would handle it. What are these rules? How do
we control it? Who runs it, who builds it, why,
when and how? And I note yesterday that SAP and
we were talking about it with their result. The boss

(01:15:40):
Christian Klein. Europe, he argues, risks falling behind the US
and China if it ends up over regulating the sector.
If you can, if you only regulate technology in Europe,
how can your startups compete against the other startups like
in China, Asia and the US. Businesses need a more
harmonized pan European approach to pressing is sh Who's like
energy crisis, digital transformation, less regulation overall, not more, And

(01:16:04):
so the politics has begun and it's sort of not
unlike social media as far as I can work out,
if country A regulates, does country B, CD, E and
F And if country A regulates but the others don't.
Where do you domicile yourself? What rules do you apply,
what tax do you pay? And so round and a
round we go. So it's another one of those stories.
It's well worth following twenty two minutes away from nine.

Speaker 16 (01:16:27):
International correspondence with ends in eye insurance, peace of mind
for New Zealand business.

Speaker 7 (01:16:32):
But can we go on little very good morning to you, Hey,
good bonnie, how are you doing?

Speaker 2 (01:16:36):
I'm very well? Indeed, so Trump would tell you it's
the end of the world. How does this work when
a labor candidate or not a candidate but a Labor
party member wanders across to the Los Angeles or Philadelphia
or Delaware and starts, you know, campaigning away, Where are
we at with this? And how I are high up
the tree?

Speaker 12 (01:16:50):
Does it go.

Speaker 7 (01:16:53):
Very very high up the tree? And a real problem
and one which will not go away very quickly either.

Speaker 10 (01:17:00):
Now.

Speaker 7 (01:17:00):
I used to write speeches for the Labor Party and
worked in the front bench back in the eighties, and
there were people who went from from my neck of
the woods over to campaign for Michael Decarcass and Walter
Mondale with exactly about the same amount of success as
air campaign for Neil kinnockover in our country. But that

(01:17:24):
was a volunteer thing, and you know, people fancied going
over to do it and went over and did it.
This is very clearly one hundred people who were arranged
by the Labor Party in separate spots within the USA,
in swing seats and had their accommodation sorted out for them.

(01:17:48):
This was the Labor Party directly interfering in the electoral
process of the USA. And I think, you know, Donald
Trump is now bought this to the Federal Commission of
the Elector on the election, and it is very difficult
to see how you could come to any conclusion as

(01:18:12):
to the fact that this wasn't actually outside influence. You
imagine if Russia has done this, you know, you imagine
what would happen. And it speaks of a couple of things. Firstly,
such arrogance on the part of the Labor Party, but
also such a lack of political nows on the part

(01:18:34):
of the leadership of the Labor Party that they would
go so far to outrage someone who is slightly more
likely than not to become the next US president and
therefore our closest exactly.

Speaker 2 (01:18:48):
So that was my next Well, I've got several questions. Well,
let me ask my most pressure on on first, which
is what does he do i e. Trump when he wins?
And how much trouble is brittain them for this? And
he's not a bloke who.

Speaker 7 (01:18:58):
Forgets well, I think there was enormous trouble for Great Britain.
I mean, it is usually more difficult for the UK
to deal with a Democrat administration in the past, particularly
on the issue of Ireland, but also even before that,
on the issue of colonialism and so on, than it

(01:19:19):
is with a Republican administration. I mean the closest allyship
we had was during Margaret satur and Ronald Reagan's eight years,
you know, straight from eighty to eighty eight. Then there
was there was a common cause. There was a bit
of a common cause between Blair and Clinton for a while,

(01:19:40):
and then later oddly between Blair and Bush. But this
is a real problem. There are things we need from
the USA, you know, including domestic defensive security in Europe
at a time when Europe is very febrile, but also
trade deals which we hope for and we're hoping to

(01:20:01):
get preferentially from the USA. If I were Donald Trump,
I would say, no, stuff it. You know, why should I.
You are the far left. Let's disagree with him about that,
But that's what he thinks. You are the far left,
and you tried to stop me becoming president. Why should
I have everything to do with you? And let's not

(01:20:21):
pretend that Donald Trump isn't the kind of man who
doesn't take things personally.

Speaker 2 (01:20:26):
No, precisely. Hey, I know we'll talk again before the
budget itself. But I was reading yesterday a report into
one of the things they're looking at doing, these workers'
rights and stuff like that, and what text is it?
Did They concluded that the workers' rights changes are going
to cost about five billion pounds. It may or may
not improve things to the tune of three billion pounds.

(01:20:46):
So therefore there's a material cost of the economy. How
much Angst and slash excitement slash nervousness is there towards
the budget and what may or may not unfold on
budget day.

Speaker 7 (01:20:57):
This enormous nervousness whose nobody trusts a party the government anymore,
enormous nervousness that simply the things they said before they
were elected will play no part whatsoever in the budget
and the things we will heard trickling through already. Two
things particularly which really got my goat. One was that

(01:21:19):
more people from the middle rank of tax in the
taxation would be brought into the top rank. That is
exactly the wrong thing to do and exactly what they
said they wouldn't do. So you're going to raise the
taxes for that proportion of the country which is best
placed to spend more money in kick stuff the economy,

(01:21:42):
which is still very sluggish. And the second thing was,
and you could predict this, that whilst there's going to
be a rayed on pensions, the pensions that are raided
will not be those in the public sector. And those
are the people who voted for labor, of course, but
there are also the people who who works fewer hours,
get paid more money, take more time off and sit

(01:22:05):
and have longer holidays. And have better pensions, so it
will assascerbate the divide between the public sector and the
private sector.

Speaker 2 (01:22:14):
Yeah, but most excellent weekend. We'll see you next Tuesday.
Appreciate I very much. Rod a little out of Britain
for us this morning, sixteen to nine.

Speaker 1 (01:22:21):
The Asking Breakfast Full Show podcast on iHeartRadio powered by
News Talks A b.

Speaker 2 (01:22:27):
In away from nine just before we leave Britton offcom.
Who are the the people who ever see what's going
on on social media and the media in general. There's
a clear connection there words not mine, between the violent disorder.
These are the riots of course, and the raids and
the beatings and all the other nonsense that went on
out of Southport because all the misinformation flew mainly on
social media. But there was a clear connection they've decided,

(01:22:48):
between the violent disorder and the posts on social media
and the messaging app. The government's asked the regulator to
consider how illegal content and disinformation spread. While the answer
was on a feed and off it went DWN Melanie
Dawes as the person who does all of this sort
of thing for the government. It spread widely and quickly
following those stabbings in Southport, most online services did take

(01:23:10):
rapid action, but the responses of some firms were quote uneven,
demonstrating the role of the virality and the algorithmic recommendations
can play in driving divisive narratives. There was a person
that was the woman the other wife of the is
he a counselor. He was a Tory counselor and his
wife the other day got thrown in jail for two

(01:23:31):
or three years. And you wouldn't look at her twice,
you wouldn't. You wouldn't think just a normal, regular, everyday
woman from the suburbs. And she was telling people online
to burn houses. And it's just like she went mental.
And she went mental because she was obviously on some
weird algorithm who told her to go mental, and she thought,

(01:23:52):
I know, I think I just might go mental, and
off she went. So she's now in jail and got
plenty of time to think about it. They played a
big part in fanning the flame of disorder. There should
be accountability where platforms allowed dangerously to visit content to
go unchecked. Well, you know, it's the same old argument.
All they've done is work out that social media is
dangerous and something needs to be done. But of course,

(01:24:14):
as per usual, nothing is has or was unfortunately turn
away from nine.

Speaker 1 (01:24:20):
The Mast, Breakfast with the Ranger of a villa.

Speaker 2 (01:24:25):
Light away from nine. I officially became sick and tired
of the Andrew Bailey story. Yesterday, Laby were trying to
relook at litigated and question time for a moment there,
I won't bore you with the details. For a moment
there it looked like they could potentially if you drew
a long enough bow beyond to something between the first
second and third transaction between Bailey and the so called

(01:24:45):
offended person, and it sort of fell apart at that
particular point. So I thought, I am sick and tired
of this, and we've got more important things to think about. Then, unfortunately,
Winston Peter stood up and he started accusing Ashaveral of
having some relative by marriage. There's a person by marriage
really a relative. So if you're talking about conflicts of interests,

(01:25:05):
So if you haven't followed the story, and it's probably
not worth following because anything is going anywhere. But it
all goes back to Asha Viral and her business chasing
around Casey Costello, New Zealand First MP and the heated
tobacco products and the tax treatment and the two hundred
million dollars. So anyway, my suspicion is Peters is trying
to run interference by accusing Verel of having a thus

(01:25:25):
unnamed relative somewhere in the public service that should have
declared a conflict of interest when it comes to dealing
with paperwork on the business of tobacco products, and they
have not declared. Apparently this particular conflict of interest in
the Labour Party argues because the persons so far removed
from it, there's no point. Part of their argument also
is New Zealand such a small country. Everybody knows everybody,

(01:25:47):
which is not technically true, but it can be.

Speaker 9 (01:25:50):
It's like you can name a hotelco two degrees.

Speaker 2 (01:25:52):
This is very true, and then we can we come
to the person. So the person is a relative of
Viral's by marriage. My question is does that make them
a real relative?

Speaker 9 (01:26:02):
And there's always a bit confusing, isn't it so like
say your brother, yeah, is married, and then so that
woman is your sister in law?

Speaker 10 (01:26:09):
Correct, But then what about if she's got.

Speaker 9 (01:26:11):
A brother, who is that person to you? Nothing apparently correct,
even though you want to sort of say, well, he's
kind of my brother in law.

Speaker 2 (01:26:18):
Well, he's not kind of your brother in law. He's nothing.

Speaker 9 (01:26:20):
Is he related to you by marriage?

Speaker 16 (01:26:21):
Though? No?

Speaker 2 (01:26:22):
Well then directly and hen silized the problem. The fact
that her relative is a person who was married to
someone makes.

Speaker 12 (01:26:30):
It to me.

Speaker 9 (01:26:32):
I mean what I was asking is are you your
own grandfather's uncle? I think is what I was trying
to get.

Speaker 2 (01:26:36):
It isn't everybody? Is the answer to that? Surely five
minutes away from nine.

Speaker 1 (01:26:42):
Now with the Wews your Home of Sports and Nutrition, were.

Speaker 2 (01:26:47):
You laughing at your joke so much you didn't do
that properly.

Speaker 9 (01:26:50):
I pushed all the buttons at once just to see
what would happen to.

Speaker 2 (01:26:52):
Do it again.

Speaker 1 (01:26:54):
Trending now with Chemist Wells keeping Kiwi's healthy all year round.

Speaker 2 (01:26:59):
Him was where pay real good money for that? We
need to treat them with a element of respect.

Speaker 9 (01:27:04):
Sometimes we play it three times, sometimes we don't really
play it at all. You know, swings around it us.

Speaker 2 (01:27:08):
That's that's what we call it Zimbi mix and match contract.

Speaker 1 (01:27:11):
It's trending now with You're a Home of Sports and Nutritionia.

Speaker 2 (01:27:16):
Today they're getting value for money and that's how it
works now.

Speaker 1 (01:27:20):
Tim Wolves trending now with Chemist Wells keeping Kiwi's healthy
all year round.

Speaker 2 (01:27:26):
That's what we do when we want them to renew
tim Wolves at campaign event in Michigan, so they lament
do the Dems because they're a bit serious about themselves
about Trump's language and his personal attacks. And he calls
count all the shit and he's calling somebody else and
more on or an idiot. Anyway, then we come to
this which has been viewed now thirty two million times,
so it's officially gone viral. Well, look, I'm not going

(01:27:48):
to waste all the time I'm in.

Speaker 10 (01:27:49):
I'm going to talk about his running meat.

Speaker 22 (01:27:55):
He's running me Elon Musk, So, seriously, where is Senator Vance?
After he got asked the simplest question in the world
at the debate, did Donald Trump lose the twenty twenty election?

Speaker 1 (01:28:13):
And after two weeks he finally said, no, he didn't.

Speaker 10 (01:28:15):
That's where he's been spending his time.

Speaker 12 (01:28:17):
But that's it.

Speaker 22 (01:28:18):
So look, Elon's on that stage jumping around, skipping like
a dipshit on these things.

Speaker 20 (01:28:25):
You know it.

Speaker 2 (01:28:28):
To be honest, I find that appealing?

Speaker 9 (01:28:30):
Is that for I think there's a nice down home
field today, just there's an extra syllable in there.

Speaker 7 (01:28:36):
He is.

Speaker 2 (01:28:36):
I actually quite I wouldn't elect him, but as a
football coach and a guy in a school, I think
he's probably a cool guy. And at that level you
probably think he's you know, he's okay. Anyway, here's the
point of all of that. Somebody said to me yesterday.
I think they're probably right. If you look at your
Elon's and your Trump's and you Tucker Carlson's and all

(01:28:57):
those right Lenas at the moment, one of the things
that they seem to have in common, as they're having
a good time, often you will see them laughing, perhaps
insanely because many of them are.

Speaker 9 (01:29:08):
But nightly.

Speaker 2 (01:29:09):
Yeah, and I actually it's like a dictator exactly. They're
having a good time. The Dems are not having a
good time. The Dims look miserable, and in that might ultimately,
of course, be their problem. That's more than enough of me, ah,
and so I say all of us, and we'll be
back tomorrow morning from six as always, Happy Days.

Speaker 1 (01:29:41):
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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