Full Show Podcast: 25 July 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Your trusted source for news and fews.

Speaker 2 (00:04):
The Mic Hosking.

Speaker 3 (00:05):
Breakfast with Bailey's Real Estate, doing real estate differently since
nineteen seventy three news togs EDB.

Speaker 4 (00:12):
Holling and welcome today the Minister with the gargantuan job
of addressing the Royal Commission to report our tax system
is preventing expats Currently with money and ideas coming here,
Lester Levy tells us how big his magic wanders as
he looks to stop the bleeding in health. Peter out
at Tenney, Louis Anderson our talk match fit. If you
don't know what that is, I'll work you through it
after right, I think you'll like it. Joe mckenner and
Rhyme Rod Little does the UK for us PASKI welcome

(00:34):
the first seven past six now accepting that what the
government has told us about Health New Zealand might not
be one hundred percent accurate. In other words, this mystery
one hundred and thirty million dollars over spent per month
didn't in fact come out of nowhere. It is nevertheless
worth asking the question, how many people sit on boards
with not a lot of knowledge of what's actually going on?
How many people sit on boards with the accompanying stature

(00:54):
and reputation that comes with such such a position, but
in reality they are a bit all ordinary if you
put them to the test. Is it not remarkable to
see how many people on boards whose only skills of
the fact they held public office for a while? I
mean no more remarkable, I suppose than those who hold
mayoral chains around the country for no other reason that
they're pretty well known. Therefore that becomes a ticket to

(01:16):
lead a city, or indeed a place on reality television.
But then in those cases it's as a result of democracy,
and the weakness of democracy is brain power is not
a criteria for participation when it comes to boards. People
doing the appointing, you would like to think know what
they're doing. The change in our people we've seen from
the new government with boards for Housing New Zealand, for
farm at Kiwi, rail and our Health New Zealand indicate

(01:38):
to me a couple of things. Both are worrying. Some
seem to be there because they were political appointments and
as such shared a worldview, not a business one, about
what they were supposed to be doing. Our Housing New
Zealand in particular has been found shockingly wanting in terms
of debt, in terms of behavior as a landlord, in
terms of distorting the market around property purchasing, And yet
the boards seem happy to collect their pay. They think

(02:00):
they were doing a good job. How's that possible? How
can a Health New Zealand board not see the level
of debt unfolding before their eyes? And if they couldn't,
were they asking any questions? Are the government's claim of
fourteen layers of management? Did they think that was normal, acceptable, efficient?
Or they didn't know or they didn't care. It's a
lot of dysfunction overseen by people who appeared to just

(02:20):
be watching on Kiwi rail. They were telling the government
one day seven hundred million dollars on no, whoops, it's
three point four billion. How's that possible? How's that possible?
And is it because it's the public sector? Is it
because it's political? Or is it because there's a lot
of people there for all the wrong reasons and simply
not up to much.

Speaker 1 (02:41):
News of the world in ninety seconds.

Speaker 4 (02:44):
Well, the busy in Washington, mister Nettanyahu of Israel isn't
town to speak to Congress. There are a few outside
that aren't thrilled.

Speaker 5 (02:51):
In the last send him home, bring the hostages. They
also say they want to see Banyamin Latna sent to jail.

Speaker 4 (03:01):
A few dams who could be inside won't be because
they're not too thrill.

Speaker 6 (03:05):
The other President Biden has prioritized the safer turn of
all the hostages. Prime Minister net and Yahoo has not.
He continues to put his own political survival first above
the interests of the people of Israel.

Speaker 4 (03:20):
Then we come to the butflot shooting. This is Boddy
cam audio from on the roof Crooks as dead.

Speaker 1 (03:25):
So this is the guy that.

Speaker 7 (03:28):
Yes, so they said that yes, Beaver County, this is him. Okay.

Speaker 4 (03:32):
We also got confirmation from mister Raia of the FBI
that Crooks had been flying and drawing over the area prior.

Speaker 8 (03:38):
So we're trying to in effect say, okay, if this
was the flight pattern, given these capabilities of the drone,
what would you have seen? What could you have seen
for those eleven minutes? And again it's it wasn't over
the stage or the kind of the hub of the rally.

Speaker 4 (03:53):
In Britain, as we told you yesterday, the Libor parties
suspended a bunch of their MPs for crossing the floor
one of these suspend these little bit shocked.

Speaker 9 (04:00):
Heartbreaking to goes to see such a draconian stand being
taken by my party on the vote yesterday which was
not against the Labor Party plan or program.

Speaker 4 (04:13):
I'm looking forward to talking to Rod about that later on,
and then too the Olympics, where our involvement in drone
gate is making news all over the world.

Speaker 10 (04:19):
Implications for the head coach as well, Beth Priestman. She's
removed herself from coaching the fixture against the New Zealanders,
and a short while ago the Canadians revealing a second
drone incident earlier took place on July the.

Speaker 4 (04:33):
Nineteenth, Fascinated by Dryan's finally tragedy as a result of
a new video trend they're calling it macbang videos. Basically,
you film yourself eating a lot of food. As a result,
there are a lot of well known macbane personalities, apparently
who between two and four million followers each hangs. The
teen who was believed to be the first mcbank star
died died while live streaming after his stomach ruption, who

(04:59):
was eating tin kilos of food and had famously to
the world's got a bright future, hasn't it, and had
famously gone from seventy two kgs in twenty sixteen to
one hundred and fifty eight cagesn'ts the world. It's ninety seconds,
netnya who's speaking? And if there are highlights, we'll bring
them to you. They are about thirty Kamala Harris being
one of them, about thirty lawmakers who are not planning

(05:20):
to attend this particular address. It's the fourth address of
the Joint Meeting of Congress. He's the first. He's already
met Biden, He's already met Harris individually. He's going to
meet Trump. But it is the fourth address, and he
is the only foreign leader ever to have done so.
But we'll keep you posted as it unfolds. Twelve pass six.

Speaker 2 (05:36):
Costing breakfast.

Speaker 4 (05:37):
Tell you what, Netanya, who's going down a treat I'll
give you something in just a couple of moments. That day,
I told you on Sunday globally, that was the hottest
day you ever can that. It's got even hotter, seventeen
point h nine on average around the world. The surface temperature.
This comes from the EU's Climate Change Service seventeen point
oh nine Sunday by Monday bing seventeen point one five
who new record, our new record. Yes, Olympics hasn't even

(06:00):
we started for precisely, so I'm thinking there may even
be another one tomorrow. Brace yourself. Fifteen past six to.

Speaker 2 (06:05):
Make a lot of money.

Speaker 4 (06:06):
One day I got there, Jay am I Wealth Andrew
Kella had good morning, very good morning. Make it's like
Christmas is an earning season. Here we go, here we go.

Speaker 5 (06:14):
Yeah.

Speaker 11 (06:15):
Look, we've spent the last couple of days talking about
New Zealand shares because you've got some quite depressed share
prices for some companies on the INS and X, and
those depressed levels are attracting some opportunistic bids. Over in
the US mark you've almost got a complete reverse. You know,
you've got a group of companies, the Magnificent Seven that
have done very well recently, so stock indexes over there

(06:36):
have had strong performances there as opposed to the INS
and X. But now we've got the earning season with
companies announcing results for the three months to the end
of June, and sort of a few things in the background.

Speaker 12 (06:47):
As I've said, you had this.

Speaker 11 (06:48):
Recent performance of the mag seven companies have gone very well,
but also analysts have been forecasting earnings growth throughout this
year out of the US, so you get the earning
season and basically the rubber has to hit the road,
got to get fundamental justification from results for recent share
price movements. In the last twenty four hours, that theme
has really come in to play. So yeah, so who've

(07:09):
we got?

Speaker 12 (07:10):
We who do we have? That we need to sort
of focus on.

Speaker 11 (07:12):
Alphabet the parent company at Google, one of the Magnificent Seven.
From the start of this year to its recent high,
it has rallied thirty seven percent, so it went from
sort of about one hundred and forty bucks over one
hundred and ninety bucks. And that follows a very strong
year in twenty twenty three, and it's been one of
the beneficiaries of that sort of wave of investor enthusiasm

(07:33):
for anything basically related to AI, to artificial intelligence. They
announced their results yesterday after we'd spoken Mike, and after
that what they call after trading hours in the US market.
And here's a sort of classic case of big expectations
having to be matched. Now they beat analysts forecasts on
their earnings for share dollar eighty nine to share analysts,

(07:54):
we're expecting a dollar eighty four just under eighty four
billion dollars worth of revenue, massive, isn't it? And also yeah,
and that was up fourteen percent year on year, but
the markets chosen to focus on a couple of sort
of misses their YouTube advertising revenue that was low then expected,
And there were some concerns from analysts after the earnings

(08:14):
call with management the possibility of had count having to
go up higher levels of investment infrastructure spending, so you've
got higher expenses relating to that. That all sort of
creates concerns around margins. Also Google having to deal with
sort of competitive threats to Google Search.

Speaker 12 (08:31):
From other sort of AI driven aspects.

Speaker 11 (08:34):
So share price actually down four point seven percent as
we speak.

Speaker 4 (08:39):
Okay, then we come to Tesla, which was a mixed bag,
wasn't it?

Speaker 13 (08:42):
Yeah?

Speaker 11 (08:43):
Is there any other company that generates headlines like Tesla
or elon Musk?

Speaker 12 (08:47):
I mean, it's a phenomenon, isn't it.

Speaker 11 (08:48):
And this year the share price of Tesla has been
on a bit of a roller coaster, we could call
it that. It started the year just under two hundred
and fifty US dollars.

Speaker 12 (08:57):
At one stage it was one.

Speaker 11 (08:58):
Hundred and forty two seage back to over two hundred
and sixty US dollars. So I would make the comment
that you need intestinal fortitude to be a Tesla shareholder.
The share price has been under pressure overnight. I think
that's probably the a euphemism. The share price is down
ten percent overnight, so big four. So you get the

(09:18):
results and then mister Musk speaks, and those two things
can be quite different.

Speaker 12 (09:23):
The results were weak, they were below expectations.

Speaker 11 (09:25):
There was a lot of talk about the much vaunted
autonomous Robotaxi that's seen as being a key competitive benefit
for Tesla going forward. A prototype apparently will be unveiled
in October. You got a new and lower cost car
that won't go into production until the first half and
next year at the earliest. You've got the plan factory
in Mexico that's on pause. I think it's due to
I think there's election issues there anyway. The growth rate

(09:48):
for sales that's going the wrong way, adjusted and in
for share fifty two cents per share it's supposed to
be sixty.

Speaker 12 (09:54):
That was analyst expectations.

Speaker 11 (09:56):
Revenue did beat expectations, but you've got this margin issue
a share price always very sentiment driven. In the last
twenty four hours, the focus has come back on fundamentals
and it's down ten percent.

Speaker 4 (10:07):
Yes, I've never understood either, right, oh numbers, So.

Speaker 12 (10:11):
You got your Dow Jones. That's that.

Speaker 11 (10:12):
So all of these, all of the US indices are lower,
and that's because of this pressure that's coming from the
tech companies. So the Dow Jones is down zero point
eight six percent three hundred and forty five points, still
over forty thousand, forty thy twelve. The S and P
five hundred is down one point six percent ninety points
five four six five, and the Nasdaq is down two

(10:33):
point nine percent, so being heavily affected by those tech companies,
down five hundred and twenty one points seventeen thy four
hundred and seventy six. I would make the point that
it is up over sixteen half percent so far this year,
and it was up sort of forty three percent last year,
so it's giving back some of the very strong gains.
The forty one hundred down fourteen overnight, eight to one

(10:54):
five three, the Nicke down over one percent overnight, thirty
nine thy one hundred and fifty four Shangha composite down
about half a percent twenty nine oh one. The ASEX
two hundred was down seventy es day seven nine six three,
but the NZECTX fifty continuing to go in the other direction.
A little resurgence, a renaissance, shall we call it, of
the z OFNEX fifty up point eighty five percent, one

(11:16):
hundred and five points twelve thousand, five hundred and thirty.
Kimi dollar's still weak point five nine three seven against
the US point nine, just over ninety cents against the
OSSI point nine eight point five four seven three Euro
point foury five ninety five pounds, ninety one point three
two Japanese en gold twenty four hundred and nine and
Brent crewd eighty one dollars and eighty one sex.

Speaker 4 (11:36):
Well Andrew Kelleherjmiwealth dot Co dot nz Bosque who is
doing well the King profits of the Crown Estate published
Laber Night in Britain have increased one hundred and forty
eight percent to two point two billion dollars. A lot
of it came from the sale of options and leases
on offshore win projects, but this is basically how the
Royal Family Fund dumbing the Crown get the money, but

(11:58):
they get a slice of the profits. And when the
it so that big. You're doing nicely, aren't you. Six
twenty one, you're a news Talks it'd.

Speaker 2 (12:04):
Be the Mic Hosking Breakfast.

Speaker 4 (12:09):
Tell you what, he's a good politician. That Yahoo are
the repletest standing of oations here at Congress, it's very
state of the Union.

Speaker 13 (12:16):
This is not a clash of civilizations. It's a clash
between barbarism and civilization. It's a clash between those who
glorified death and those who sanctify life. For the forces

(12:46):
of civilization to triumph, America and Israel must stand together.

Speaker 14 (12:53):
They are loving it.

Speaker 4 (12:54):
And a go of the Union. Part is he has guests.
One of them's a hostage, one of them's a mother.

Speaker 13 (13:00):
Are siate the fact that juvenile.

Speaker 4 (13:04):
We'll come back to that. Six twenty six.

Speaker 3 (13:07):
Trending now Chemist ware House, the home of Big Brand vitamins.

Speaker 4 (13:12):
Now the producer of Tied Lanslo's found a new television series.
What We've got here is Bad Monkey, based on the
best selling novel of the same name. Former cop gets
demoted to a health inspect that comes across the case
that could get him promoted again.

Speaker 14 (13:24):
I'm suspended. I'm technically not even a detective anymore. They
said I was consistently reckless, inappropriate and clip. Why can't
you just hide me on the desk and hear or something.
I wouldn't even be doing any real work. I'd just
be checking the websites. I like, what if this was
in an accident. I'm telling you, she was trying very
hard to cry.

Speaker 12 (13:40):
What are you doing?

Speaker 15 (13:40):
You're not a cop. Leave it alone.

Speaker 14 (13:44):
I can't get involved in this.

Speaker 1 (13:45):
You're the one that got me involved.

Speaker 14 (13:46):
Or you want to stop being played and start getting real?

Speaker 1 (13:48):
Is that the introl to the real world?

Speaker 14 (13:49):
In my defense, I thought you were too young to
know that.

Speaker 12 (13:53):
None of this is going to go the way you
wanted to.

Speaker 1 (13:58):
What did you do?

Speaker 14 (13:59):
A bit of a jam here?

Speaker 1 (14:01):
You're a murder suspect.

Speaker 14 (14:02):
Maybe it's even a pecor and a scale from one
to ten. How'screwing them?

Speaker 12 (14:06):
Amelia?

Speaker 2 (14:07):
You couldn't just say ten?

Speaker 4 (14:09):
Vince Vaughn, Rob Delaney, Zach Braff, John or tz Apple TV,
August fourteenth, Back to the State of the Union Ish
speech hostage in a mum.

Speaker 13 (14:19):
I think it's one of the most moving things when
Noah was reunited with her mother, Leora, and her mother's
last wish came true. Noah, We're so thrilled to have
you with us today.

Speaker 7 (14:32):
Thank you.

Speaker 4 (14:35):
Yes, it's going down to treat miners the thirty of course,
who aren't There are more problems with the climate and
people who grow stuff for us in this country. This
is the old etes, this is the climate change debate.
We'll have more on this in just a couple of moments,
Erica Stanford. More to say on this report yesterday. How
they navigate their way through and out of this is
an extraordinary task, but we'll have more detail later.

Speaker 3 (14:58):
Setting the news agenda, digging into the issues, the Mike
Hosking Breakfast with a Vita, Retirement, Communities, Life your Way,
news talks.

Speaker 4 (15:07):
They'd be back to the floor of the Congress.

Speaker 13 (15:09):
These protesters chant from the river to the sea, but
many don't have a clue what river and what sea
they're talking about. They not only get an F in geography,
they get an F in history.

Speaker 4 (15:26):
They call Israel.

Speaker 13 (15:27):
They call Israel a colonial estate. Don't they know that
the land of Israel is where Abraham, Isaac and Jacob prayed,
where Isaiah and Jeremiah Preach and where David and Solomon.

Speaker 4 (15:40):
Ruled Kama Harris is out in the battle on the
campaign trial. We might have some of that for you
later onmost wanting to bring it back home. By the way,
after seven o'clock rikastance with the Minister in charge of
unwinding what this got produced yesterday and this Royal Commission
report and how they go forward with that seems to

(16:00):
me to be an unbelievably complex set of circumstances. So
more on that clash between the climate battle and the
cost of doing business, though it's getting a bit real.
For some of the veggie market, people who grow vegetables
greenhouse operators to Martis Qcumb's capsicum and stuff like that,
they'reffected by changes to what they call the industrial allocation.
Major producers could be lumped with a two hundred thousand

(16:20):
dollars fee a vegetable New Zealand says that will put
some out of business. Obviously, the chair is John Murphy.
He's with us, John, Very good morning to you. They Mike,
now explain to us one oh one this for us,
the industrial allocation is what.

Speaker 16 (16:35):
It's basically there to ensure that we don't simply end
up buying from less efficient producers overseas. So if local
producers here are text into oblivion, that's what ends up happening,
and obviously we don't want that to happen.

Speaker 4 (16:48):
Okay, So how much is this is about the climate?
Climate change? Things like the etes versus the price of
gas which has gone through the roof.

Speaker 16 (16:57):
This is about the etes right while our girls are
facing huge problems with that that this is about the
e tes and it's really about the timing. So the
Ministry for the Environment is over eager and applying this
now and that's actually against that flies in the face
of commercial reality and what our girls can do about

(17:19):
it because many of those guest contracts run into next year.
So what we're saying is they need to delay until
next year to whin our girls can actually do something about.

Speaker 4 (17:28):
What would you do about it? If you could get
out of gas right now, what would you do about it?

Speaker 16 (17:33):
Oh, there's a number of things that greenhouse girls are
already doing, from thermal screens to all manner of things,
And I think that's a really important point. Our greenhouse
girls are some of the best people at uptaking new technologies.
They are doing their bit right and unfortunately the other
one's been penalized right now?

Speaker 4 (17:51):
Why can't they? And just to explain this to everybody,
has it so? So you're locked into a gas contract.
You can't get out of it. That's the way the
business operates. And so government comes along and goes, you've
got to pay this because you know you're using gas
and gas is bad, et cetera, et cetera. Why don't
they understand that?

Speaker 7 (18:07):
I'm not sure.

Speaker 16 (18:08):
I think it's just just a triumph of bureaucracy and
they think that they're improving the environment by in this.
I am putting this in place right now.

Speaker 2 (18:17):
They're not.

Speaker 16 (18:19):
Because our girls can't do anything about it. We need
time to put practical solutions in place.

Speaker 4 (18:24):
How much time do you want? I mean is that
part of the problem though, But I mean how much
time would you want to sort of satisfy them if
they were open to being satisfied.

Speaker 16 (18:33):
Look, we want to work with Minister Watts and Minister
Simmons and their officials. If we can work with them
this year, then our growers will start exiting some of
those contracts and we can put things in place.

Speaker 4 (18:44):
They're pretty sensible people. Why haven't they been able to
get through on this, because I mean they've done well
with the farmers so far in the et yes, well,
have you slipped through the cracks or something?

Speaker 16 (18:53):
I think we have a little bit, But I think
they've shown that they're eager to get on board with
this and we need them to come to the table
now one hundred percent.

Speaker 4 (19:01):
How big is the glasshouse for want of a better word, industry.

Speaker 16 (19:06):
It's pretty substantial, but there are less and less players
involved with policies like this, and that's the dramatic thing
and the fear of it. This is that you'll see
ten dollar cucumber at no toon and we don't want that.
We want Keywis to be eating more vegetables, getting one
more vegetable.

Speaker 7 (19:22):
To their diet, because that's a way to put it.

Speaker 16 (19:24):
A future for.

Speaker 4 (19:24):
News couldn't agree more. Go well, John will stay in
touch with us, but I'm sure I feel that this
can get sorted out. John Murphy, who's Vegetables New Zealand
and as a Glasshouse owner myself, I don't run on gas,
but I'll tell you what, I got a lot of
sympathy going on here. It's nineteen minutes away from seven
tasking and I picked tomatoes as a kid in my
uncle's glasshouse. He ran a commercial operation. And I'll tell

(19:46):
you what, the biggest money I ever ruined. I will
never forget the day he was away on holiday for
a couple of then I was maybe maybe I was ten,
maybe our was eleven, So you're talking forty years ago.
And I picked tomatoes and looked after his greenhouse for
him for a couple of weeks. And he came back
from holiday, and I was expecting. I didn't know what
to expect by a way of payment, but I was expecting,
you know, maybe five six, seven dollars. You got to

(20:06):
go back, Yeah, forty years ago. Anyway, comes to the
back door. It's my old uncle Gordon. And there he
is at the back door, and he pulls out a
fresh cris twenty dollar bill. I have never seen more
money in my life. I momentarily was loaded eighteen two.

Speaker 2 (20:23):
The Mike Costing Breakfast.

Speaker 4 (20:25):
What a miserable uncle, Gordon, Mike Liz wrong. Glenn quite
rightly pointed out if I was about nine years old, it
was probably more fifty years ago than it was forty
years ago. So you're talking evirtually back in before decimal currency.
Not quite, but close, Mike, love your childhood stories. Our
kids all learned the importance of earning money while picking
tomatoes and bone Vale Market gardens and our housing. Yeah,
my uncle Gordon's place was in Shirley in christ Church,

(20:48):
really in the middle of suburbia at a time when
he had commercial glasshouses that they won't be there now,
I can guarantee you that. But twenty bucks a day.
I was pulling down about twenty cents a week in
pocket money, and my mother had me out working from
the age of three to four. She said education wasn't
going to go well for me. She'd seen it early on,
so she got me out into the workforce at three
or four. So I'd been working for a while at

(21:08):
that point. But twenty bucks was unheard of.

Speaker 17 (21:10):
Six forty five international correspondence with ends and eye insurance,
peace of mind for New Zealand Business took it straight out.

Speaker 4 (21:17):
And put it into crypto. Joe McKenna and Italy morning
to you, good money, minew what's going on here with
the prosecutors and the ships and the neglect.

Speaker 18 (21:27):
Yeah, well this is an interesting case. Italian prosecutors have
accused six officials, including Coast Guard officials, of failing to
intervene and do more to save the lives of ninety
four migrants that died off the coast of southern Italy
in February. Now Italy's Interior minister has defended these officials.
It looks like they could even face charges of manslaughter

(21:49):
and negligence for their failure to intervene. So this could
be an interesting test case for Italy going up ahead.

Speaker 4 (21:56):
Now then we come back to this ongoing debate around tourism.
It seems the headlinesbally have been picked up in places
like Spain, but Venus of course, as you're particularly famous example.
Now we've got Capri and the mayor so over tourism
is a major thing this summer.

Speaker 18 (22:11):
It is a major thing. It's really boomed since Covid,
of course, and Cupri is one of the most popular
tourist destinations in Italy. Frustrated with the hordes of tourists
clogging up certain sites around the Blue Grotto, the famous
Blue Grotto there, one of the mayors is proposing a
barrier of around forty boys to be placed offshore to

(22:34):
keep the motor boats away the boatloads of the boatloads
of tourists from this western side of the island. Now,
I don't think that's going to keep the tourists away
from Cupri. They're still pouring in and I think it's
a great pressure on the island because they've had pressure
on their water supply lately and some disruption there.

Speaker 4 (22:54):
We gave Actually, it's funny you should say that. I
was reading an article the other day about a tiny
village that had the same problem. There's so many to
I'd never heard of the place, but they were running
out of water because there were so many tourists. Is
that a thing in small villages?

Speaker 18 (23:07):
Well, I spoke to someone on the island of Cupri
and they said that the infrastructure is so old and
so need of maintenance, it doesn't take much.

Speaker 14 (23:15):
To push it over the edge.

Speaker 18 (23:17):
And we're seeing the same problems I think in Sicily
because there's a major drought down there and some of
the towns are really rationing water now. So this whole
idea of water and providing water and getting it to
people in need is coming under more pressure because of
tourists demand as well.

Speaker 4 (23:33):
We also gave some numbers the other day on Venice,
you know, their entry for their five euro thing. They
sort of claimed victory because they said that there wasn't
a peak, the peak wasn't broken, and people didn't come
as much on week, but it didn't seem really to
have made a lot of difference. I mean, was that
just a revenue gathering exercise or is the sense that
they actually did achieve some lettle of success.

Speaker 18 (23:54):
Yeah, I think it really has been a revenue exercise,
revenue raising exercise. And what's interesting now, Mike, is that
the mayor of Venice is under fire for alleged corruption.
So the whole thing about the tourism fee has been
overtaken by some political machinations going on there.

Speaker 4 (24:13):
So watch this space. The corruption in Italy. Who would
have thought so? The court's guy murders' girlfriend but he's off.
How'd that happen?

Speaker 18 (24:24):
Very strange decision from Italy's highest court, the Court of Cassation,
which is like the High Court. They've overturned the life
sentence of a man convicted of killing his girlfriend in
early twenty twenty, suggesting he was driven by anxiety caused
by the COVID pandemic. Outrage from the family, of course,
and this sentence still stands, but the I'm sorry, the

(24:47):
conviction still stands, but the life sentence is being reviewed
by another court.

Speaker 4 (24:51):
Interesting, all right, Joe, you go, well, we'll catch up
next week. Appreciating very much the other thing I read,
by the way, in Italy, that White Lotus, you know,
the hotel Wave filmed the White Lotus at in Sicily.
They charge you now to go in, not as a guest.
They just charge you if you just wander in there
to say, hey, can I have a look at this
famous hotel? They say, no problem, fifty euros, thanks pretty much.
And the cost of a room. You can't afford a
cost of a room now because it's gone through the roof.

(25:11):
While we're also in that particular part of the world.
The Olympic news, we've got an alleged Russian spy arrested
in Paris suspicion of plotting to destabilize the Olympic Games.
We know not what that means. He's a reality TV
chef who worked in a Michelin starred restaurant. You can't
make the stuff up. In a French Alpline ski resort.
He's forty. They raided his apartment. He lives in central Paris.

(25:33):
They found a document linked to an elite Russian special
forces unit, also some documents of diplomatic interest. He's known
only as Kay. What's your name, mate? Yeah, living in
France for fourteen years. Gave the game away, got a
bit drunk through, got thrown off a plane that was
to take him from a standbull to Paris. This is
back in May. Stopped on root at a restaurant from

(25:55):
where he rang his intelligence handlers in Russia and said
he was going to give Paris an opening ceremony like
no other that on the old high intel chatter. I'm
sure the Secret Service in the US will tell you
that that's as important as a slight roof ten minutes
away from seven.

Speaker 3 (26:13):
The mic hosting Breakfast with a Veta retirement. Community News
togs had been.

Speaker 4 (26:18):
For the polling Fresh Polling this morning. This is from
SSRs and CNN Biden's decision to end his campaign eighty
seven percent to prove thirteen don't. Feelings about Biden's decision
to end the campaign mainly driven by relief. Fifty eight
percent say relieved, thirty seven percent say hopeful, twenty eight
percent say surprise, twenty percent worried and thirteen percent disappointed,

(26:39):
which of course adds to more than one hundred obviously,
but you can have more than one feeling because they're sophisticated,
because they're American. Would you your vote be more are
because you support Harris or more because you hate Trump?
That was asked off Harris supporters. Are you voting for
Harris or you're voting against Trump? Fifty to fifty and

(27:02):
choice for president? Who do you want to be the president?
This is the big number. Karmala Harris forty six? Has
she changed? Moved the needle? Donald Trump forty nine? Great
race five minutes away from seven.

Speaker 1 (27:18):
Bill, the ins and the ouse.

Speaker 3 (27:20):
It's the fiz with business fiber take your business productivity
to the next level.

Speaker 4 (27:25):
Right new dart around business ownership. Last week's sales were
going gangbusters, as in sales of businesses, but this morning
a little bit tricky. This is from zero Small Business
Insights data. They recorded the largest monthly decline in sales
in June since the first COVID lockdown. That's how bad
it is. Sales are down eight point three percent for
June competed with last year. That was a two point four.

(27:45):
They had two point four down in May, so it's
getting worse. Adjusting for inflation, sales are down four point
eight percent for Q two. There wasn't a single industry
that saw growth in sales, not one. The worst hostile
ten down, construction down ten, retail down eleven point four.

(28:06):
If you pull back a little bit, if you're desperate
for the good news, look at the numbers for the
whole quarter as opposed to the month. There's very small growth.
Real estates up zero point nine and other services are
up zero point one. You need a microscope to see
that growth. A lot of small business issues, you know,
it's the usual can't control at rents, rates, insurance, wage pressures,

(28:27):
supplier issues. Speaking of wages, zero's data also show small
business wages were up three point six percent for the
Dune quarter. The two biggest rises in wages were construction
at four point one and other services again three point
eighty five, both offering wages above the national average. It
is hard, hard yards at the moment doing business in

(28:47):
this country, which is why the pressure, why the narrative
is all being headed towards Adrian or and although he's
got the non tradable at five point four. The stuff
we can't control. What the stuff we can control. Sorry,
what he's going to do, I don't know how. If
you're the Reserve Bank governor, you look at what's going
on actually in the real economy, in people's lives and
go yeh, well, no, there's nothing I can do about that.

(29:08):
It's non tradeable at five point four. We're not moving yet.
By the way, Fortunately, CrowdStrike have come to the party,
their PR department to top top level crowd Strike and
this is an email I assume it's been leaked that
was out to CrowdStrike partners. If you're involved in that
calamity over the weekend with crowd Strike, they're putting it right.

(29:29):
What they're offering this morning is a ten dollar uberites
gift card. No, I'm not making that up. The chef
did get arrested that I didn't make that story up.
And they are offering a ten dollar uber Etes gift card.
By way, is the well gone mental or is it
just me news for you?

Speaker 2 (29:46):
Next?

Speaker 3 (29:48):
You're trusted home the news sport entertainment's opinion and fighting them.
Mike Hosking Breakfast with Jaguar, The Art of Performance News TOKS.

Speaker 4 (29:57):
He'd been only seven past seven, so a big day
as the government released the ro Oil Commission report into
the abuse and care of the estimated six hundred and
fifty five thousand who were supposed to be looked out
for about two hundred thousand ended up being abused, in
some cases torture. So next steps Minister Responsible Erica Stanford's
with us. Very good morning to you, moer Mike. Have
you got your head around the size and complexity of

(30:18):
what's about to happen as regards redress?

Speaker 19 (30:23):
I have, and it is hugely complex. There was an
interim report done that had ninety five recommendations and one
of those was to set up an interim or sorry
design group of MATTERP survivors and they have had their
own ninety five seven recommendations around what the process could
look like. It is very unique and there are a

(30:48):
whole lot of very challenging things for us and there
to consider. But I think you couldn't really understand that
redress process until you read the stories in this report
that's been released recently and understand the scale and complexity
of it.

Speaker 4 (31:02):
How crunchy is it going to get when expectation doesn't
meet reality, or reality doesn't meet expectation.

Speaker 19 (31:10):
It's one of the things that we will have to
manage because the report from the Redress Design Group is
very innovative, and there are a lot of things in
there that have been suggested that have never been done
anywhere else in the world. And so I've sat down
with that group and I've said to them and they understand,

(31:30):
they know that what they've put forward is very innovative.
And I've said to them, look, you know, we aren't
going to be able to do all of this. And
they said to me, we understand that, we know that.
And then I said to them, well, I need you
to tell me what are the most important elements of
this that we have to get right. And one thing
they said to me was it has to be survivor led.

(31:51):
You have to take us on the journey the whole way,
with all the decisions that you make.

Speaker 4 (31:55):
How much of it's going to come down to money
at the end of the day.

Speaker 19 (32:00):
Well, Christopher lux and the Prime Minister is said to
all of us, that's not to be considered at the beginning. Actually,
the first thing is first principles, What is the right
thing to do and then mond or part of it
will be money. But when you look at these survivors
and I've spoke to the mess thatay. I spent two
and a half hours with the survivors of Lake Alice
and then another hour or so with survivors yesterday. They're

(32:24):
all very different. Some just want an apology and an acknowledgment.
Some just want to get their teeth fixed. Some just
want some ability to talk to professionals about the trauma.
Others want to financial settlement. It's very very different with
all of the things that they want, and it doesn't
always come down to money. Many people make dirty money.

Speaker 4 (32:43):
Can you make the faith based groups apologize or pay.

Speaker 19 (32:48):
Well, We're going to do everything that we can because
they need to be held responsible and we will lean
on very hard. And if you look in Australia and
other countries, they have managed to bring the churches on
board a readdress system where the churches chip in and
the government runs the system. So there are lots of
very interesting ways they do it around the country where
the are Crown Response and it has already been engaging

(33:11):
with the churches and they have been have been engaging
so far in good faith, and so I'm hopeful and
confident that they will come to the party, and so
they should.

Speaker 4 (33:20):
How do the legals work? Are a case that happened
allegedly in nineteen fifty nine, where memories are faded and
the evidence is gone, versus a case that happened in
nineteen ninety nine where the evidence is still there and
people are still employed. And who runs that? And are
the courts up for dealing with charges they may or
may not have ever seen before, things like torture? Things?
I mean, is anyone equipped to deal with this?

Speaker 19 (33:42):
In terms of memories and things happening? There are still
a lot of records. Yes, a lot of records have
been destroyed, but there are a lot of records. And
also this report that was tabled yesterday gives you a
very clear indication of where things happen and the time frames.
And we do have a lot of records about the
numbers of people and who went through those institutions, and

(34:05):
when you read the stories, they're all eerily similar. And
so you know, if we know that someone went through
a particular institution at a particular time, it's very likely
those things happened from all of those those reports that
we now have the two four hundred people that came

(34:25):
forward to get evidence, we know when, where and.

Speaker 4 (34:28):
What okay to bring it forward? Seven double A, which
is highly controversial. I rung at tamariki. You take a
child today in this modern era, out and you then
put them back in the way to find now the
way to fine our abuses the child who's responsible? And
is this just not the modern version of what was
going on in the fifty sixties and seventies.

Speaker 19 (34:47):
But what was happening back then was just completely different.
You know, children were taken into state care. It wasn't
a belief in keeping children with families, keeping them with
their culture, or even putting them with putting them in
safe places. It was all about institutionalized care and that

(35:08):
did not vode well for anybody.

Speaker 4 (35:09):
So different examples and completely different examples. Because abuse is abuse.

Speaker 19 (35:14):
Well, abuse happens everywhere, and it's it is difficult to
always completely get rid of it and stop it from happening.
All we can do is make sure that we're putting
learning the lessons of the past and putting in place
the processes that will stop it happening again. And look,
I don't know all of the answers moving forward and
all of the different minister's portfolios about how we're going

(35:35):
to deal with us. What the report does do. It
tells us very clearly what happened when we did certain things,
and we need to now take all of those lessons
and work, you know, work on what we do moving forward.
And we don't have all of those answers yet, and
as the lead master, don't have the knowledge of everyone's
individual portfolios as to what they're going to do. But firstly,

(36:00):
we will all start working in our individual portfolios on
changes we can make now well in advance of us
putting in place these recommendations.

Speaker 4 (36:06):
Messive job, go well with appreciate it. Erica Stanford, Minister
responsible for the Abuse in Kiah Inquiry, response thirteen past
seven oskag is how we wrapped it up.

Speaker 13 (36:16):
Thank you for your support and solidarity. Thank you for
standing in Israel with Israel in our hour of need. Together,
together we shall defend our common civilization. Together we shall
secure a brilliant future for both our nations. May God

(36:45):
bless Israel, May God bless America, and may God bless
the great alliance between Israel and America forever.

Speaker 4 (36:54):
And that we appause went on.

Speaker 6 (37:00):
And on.

Speaker 7 (37:03):
And on.

Speaker 4 (37:04):
Can I recommend a very good piece of ringing, by
the way from the Sydney Morning Herald the other day tunnels,
tricks and tactics, her master's strategy and guards are revealed.
Read that and see what you think at the end
of it. Fourteen past the host racist other people would
big jobs. Lester Levy, the Commissioner of Health. How is
he going to stop the bleeding? More? Shortly with him
in about fifteen minutes seventeen past seven. So a new

(37:25):
study this morning claims we've got an outdated tax system
that could be scaring off XPAX wanting to come home.
It's too difficult for highly skilled workers to enter New Zealand.
Reports called the place where talent doesn't want to live.
Managing director of US based venture capital firm Shasta Rob
connye Bear's whether it's Rob morning, Good morning mate, how
are you very well? So the Zeddie has done it,

(37:47):
supported by the Auckland Chamber of Commerce, the American Chamber
of Commerce, the zed US Council, the Edmund Hillary Fellowship.
So this is something that's widely known and accepted in
the business community.

Speaker 20 (37:55):
Is that fair well, I would say among the returning
Kiwi fact community, the talented people that can help build
technology startups. This is something that people are very aware
of and has had an impact over time.

Speaker 4 (38:08):
What you read is it inadvertent or is it deliberate
by why of text policy?

Speaker 12 (38:13):
Oh?

Speaker 20 (38:14):
I think this is something that is inadvertent because one
of the authors of this study, Peter Wilson, was in
Treasury when it was originally implemented, and it was implemented
for a completely different purpose than today, and that's what's
outlined and talked about in the report. So I think
it's something that is very fixable with awareness.

Speaker 4 (38:33):
Right now, are we an outlier?

Speaker 20 (38:37):
It turns out that New Zealand is an outlier with
this specific tax. Are you familiar with the tax?

Speaker 7 (38:41):
Yeah?

Speaker 4 (38:43):
Actually, do it? Do explain it. It's investment and stuff.
It's in paper, it's stuff that may not be making
any money. It's stuff that you envestment in overseas. They
text to you.

Speaker 7 (38:52):
Yeah.

Speaker 20 (38:52):
I mean the basic issue is if you have if
you're a taxpayer in New Zealand and you have assets overseas,
your tax on an annual basis, and it doesn't matter
whether those are liquid or.

Speaker 12 (39:04):
Ill liquid assets.

Speaker 20 (39:05):
So if you're trying to bring back entrepreneurs returning Kiwi's
first time migrants, often they have had a successful startup
and they have paper gains, they have some sort of
valuation in that company and they can't you know, if
it's a paper game, you can't eat it, you can't
use it. But it doesn't matter. You still owe tax
every year on it. In New Zealand, and that can

(39:26):
be quite significant for the most i'd say successful entrepreneurs.
And the most important part about this is these paper
gains may be in companies that are ultimately worthless, but
you would never get that tax that's paid back.

Speaker 4 (39:40):
No, exactly. So here's the good news. Potentially, this is
a government that would argue they want people, they need
the money, we are open for business. Is this the
government who can fix it?

Speaker 20 (39:50):
Well, what I would say is it's a government where
you have people in the different organizations i'd say, different ministries,
different portfolios talking to each other is important. That's a
big part of the reason the study was put together
is because this is at the intersection of immigration policy
and tax policy. So I think a government where you

(40:11):
have people that are talking to each other is very
capable of fixing this, and I do think the current
government is well pleased to do that.

Speaker 4 (40:18):
Good stuff. Rob appreciate it very much. Rob Connebert, who's
managing director of the US based venture capital firm Shuster.
I'll explain why Peter Alatini and Louis Anderson are on
the program later on, but you'll love it, shall I
discovered a couple of years ago and I thought this
is a good idea. Anyway, the fourth season started last night,
so we'll have more later. Seven twenty Costel Breakfast. Jaguar

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Get yourself a Jaguar askeeven twenty four So the hopeful
part in this Royal Commission into abuse in care seems

(41:43):
to be everyone who can now do something about it
starts on the same page. There seems universal agreement. We
have a national disgrace. It never should have happened, and
redresses needed as fast as possible. It hopefully means for now. Anyway,
those who have told their stories know that they have
been heard and are believed, And what happens next is
the bit that could go well or not. Early signs yesterday,

(42:04):
as Prime Minister and the minister tasked with leading this area,
the Eric Stanmada, if you've just heard, gave their initial
responses was that agendas were already at play. If you
watched the press conference, which I found interesting, a number
of questions were asked about gangs. Some members of gangs
are the victims of the abuse in the report. The
other questions were around potential legal action. How that is
handled is going to be critical given the report deals

(42:27):
with events up until broadly speaking about nineteen ninety nine,
that comparatively speaking, is very recent past, and there are
those still working in government departments that were allegedly involved
in this abuse or in the Lake Alice case torture.
The legal system, as I suggested to Eric or a
moment ago, isn't well acquainted with the sort of charges
that might well come out of that, not to mention
the level of detail involved in criminal investigations and the

(42:49):
complexities around say a case in nineteen fifty nine and
its evidence and its witnesses versus nineteen ninety nine, almost
two generations later, where it could get ugly. I think
around gangs and the prime to try to walk the
line carefully. Yesterday was the suggestion that this government, in
their gang crackdown, might have misread why we have gangs,
that gangs are an outworking of abuse, and therefore the

(43:10):
hardline approach this government is taking might be a bit brutish.
Perhaps we could put it this way. Not all victims
became gang members, not all victims turned to crime, not
all victims went on to terrorize communities, pedal drugs and
cause mayhem. So although what happened to these people cannot
be excused in any way, neither can your background be
excused for joining a gang and illegal activity. But that

(43:31):
is not going to stop the narrative, of course, and
the politics of all of this, so watch out for that. Yesterday, though,
it was a decent and honorable day because it was
driven by acceptance and intent. What the government does, how
they do it, to what extent they do it is
the far more tricky journey, and that has only just begun.
Asking announcedtairs of seven o'clock this morning the Low North Island.

(43:53):
Good news for you guys, commuter rail is coming up.
While it's already there, just doesn't work that well. So
the Government of throwing eight one hundred and two million
dollars into the Wire Rapper and Manuwatu into the rail
funding agreement with New Zealand Transport, KiwiRail and the Greater
Wellington Horizons Regional Councils. We're getting eighteen four car units
totaling seventy two cars, going to double the peak services

(44:13):
on both lines, additional off peak services as well fifteen
minute travel time savings. This is Wellington, Masterton, this is
the whole. You can live in the wire Rapper and commute.
Increase speeds on the wire Rapper line from ninety ks
to one hundred and ten kilometers per how they're trying
to be modern and the money is behind it, which
is good.

Speaker 15 (44:28):
Well do you think that those people were hearing that though,
are thinking, oh, can we just leave Kiwi Rail out
of the rail maybe.

Speaker 4 (44:35):
Mike I recently completed the week long Institute of Director's course.
I was shocked to learn that many and my cohort,
who are already company directors, are financially illiterate. This goes
back to my opening comments this morning about all the
people have been sacked on boards and what the hell
they've been doing all this time, and whether they just
take the job because it sounds fun and there's some
morning tea and somebody pays you to do it, and
suddenly you're out of work. And how come you couldn't

(44:57):
see what was going on? Which then brings in Less
to Levy, who has now gone from being a chairman
to a commissioner, and he has got a fixed health
so he's next.

Speaker 3 (45:06):
The newsmakers and the personalities the big names talk to,
like my costing breakfast with Bailey's real Estate doing real
estate differently since nineteen seventy three, news tog said, be.

Speaker 4 (45:19):
Fitness and health Peder Old attorney Louis Anderson, Paul the
Warrior of course with us after eight o'clock this morning,
and meantime, speaking of health, how is less to leave you?
The new health commissioner going to start this gargantuine mess
and deal with it that involves a budget blowout of
allegitedly one hundred and thirty million initiature dollars per month.
And given the pushback we've seen since the government made
the announcement on Monday, what's real and what's politics? Lester
Levy is with us. Very good morning to.

Speaker 21 (45:40):
You, good morning.

Speaker 4 (45:42):
Article in the Herald this morning by Andrew Little. You'll
know the name Health New Zealand board sacked. Reform shouldn't
be this bad or hard? Does he have a point?
Or are you finding a little bit harder than he did?

Speaker 22 (45:55):
I look, here's a point. At any change, particularly a
ticket chair is extremely difficult and often isn't as successful
as most people would hope.

Speaker 4 (46:07):
Are we any better or worse off than the last
forty years of which I've been in this industry interviewing
people like you talking about the problems and health being
a mess?

Speaker 22 (46:17):
Yeah? I think that in many ways idea or from me.
You know, there's men more things that can be done
for patients, and outcomes have become a lot better. But
there is often a lot of change to institutional arrangements
and policies, and I think that's difficult to manage. But
my approach is simply I need to deal with the

(46:40):
cards that I have been dealt with, as avery dealt,
and then I need to make the most of those
and try get.

Speaker 12 (46:48):
Help.

Speaker 22 (46:48):
Is even to or again a shape to move forward?

Speaker 4 (46:52):
The best thing I've heard from you since you've got
this job. As you said, we don't need any more money. So,
for clarification's sake, at thirty ISHU billion dollars for health,
we have what we need. It's just how we do it.
Is that fair?

Speaker 22 (47:07):
Yes, I think that's fair, but that's in context I'm
talking about right now. We have a overspending problem, not
an underfunding problem. We need to resolve this because if
you don't do that, then when more money comes in
from the government on behalf the tax date, that money
simply goes to fund efficits. It doesn't actually fund additional

(47:30):
health services. So if you have a look at our situation,
we've got one hundred and thirty million a month overspend.
We don't have a one point four billion dollar hole.
I think that's a little inaccurate. But if we don't
do something about this now, by July, sorry, by journey
next year, we're end of our financial yet we will

(47:50):
have a one point four billion dollar hole. And so
we need to arrest this situation so we don't spend.
We have got a better one point four to seven
uplift increase in our fundings here, and if we don't
solve this, that increased to provide additional services and to

(48:11):
address the information issues. That'll simply fund their fists. So
this is why I'm saying that is contextual. We need
to get in fiscal control in place, and we need
to be efficient and effective, and we need to get
our productive here and at that point in time, then
if we prevent that we can perform. That's when the

(48:31):
discussion about how much more or if we need more,
but we should do the most are the resources we
currently have.

Speaker 4 (48:38):
Let's keep this as simple as we can. Are the
fourteen layers of management, there's.

Speaker 22 (48:44):
Different answers to those questions. I think a small hospital
there's seven lays between a nurse, for example, and the
chief executive. In a bigger hospital it could be ten,
and in some other areas it could be twelve.

Speaker 4 (48:58):
Any excuse for that, well, I think.

Speaker 22 (49:01):
That's the way the organization has been structured. I personally
think that the organization looks more like a public sector
agency and a health delivery organization. And that's a big
part of my intense es and resources we have.

Speaker 4 (49:14):
So that well, DIRUCT, But is that part of the
problem with the board. So when a government appoints a board,
if a certain government of a certain ideology appoints are board,
they'll look at twelve layers and go, well, this is
my whole life. This is all I've ever seen. This
is normal as a person who comes in from the
outside and goes, this is ridiculous. Is that part of
the problem.

Speaker 22 (49:31):
Yeah, well, I mean I don't really wish to criticize
because I know hard difficulties. But it's different perspectives. But
I do think if our objective is to give as
much health delivery to patients, families and communities, and we
need this organization to look like a health delivery organization,
Marshall has much of our resource to the front line

(49:52):
and have as well diluctracy as possible. And I don't
think that's a situation right now, and you don't address
so empower the clinical front line to deliver war services
to patients.

Speaker 4 (50:07):
I read apiece yesterday suggesting a lot of the blowout
the one thirty million per month was of the extraordinary
success in recruiting nurses. Is that true?

Speaker 22 (50:17):
That is in part, it's not all of the problem,
but there have been an incredible succession recruiting nurses and
we have many more nurse in full time equivalents, then
we're in the original budget. The other and that's also
a factor now is labor markets have changed, that cinently
has changed and the turnout a rate in the organization,

(50:37):
in the people even that has reduced quite a lot.
So whenever budgets are made there's an assumption about that.
So that's another factor. But yes, we do have more
clinical efting either with had before good.

Speaker 4 (50:49):
So if we go down the track that Retty and
you were talking about, which is frontline versus back office,
you don't actually have one hundred and thirty billion dollar
blowout because a million dollar blowout because in hiring nurses
that was good at spend a cheer that you want
because we need nurses, isn't it?

Speaker 22 (51:03):
It is good expenditure because we're do clinical stuff that
we need to address other parts of the organization. So
we don't have that constant over expenditure because we just
cannot be in that situation.

Speaker 4 (51:15):
I don't want to ever simplify this, but could you
wade through the fat and simply find one hundred and
thirty million dollars a month by sacking a few people
who aren't doing enough?

Speaker 22 (51:23):
Well, I think there's going to be multi dimensional. But
we will everything that we need to do in order
to get the expense out of control, but to protect
the clinical front line. And when I'm in clinical frontline,
that includes administrative staff at their clinical line, or you know,
people who are cleaning and people are providing food. Anything

(51:44):
that's to do with their clinical front line will be protected.
Everything else we will be looking at where we can
reduce costs.

Speaker 4 (51:50):
Good stuff and go well with it. Leicster leading, who's
the new Zealand Health Commissioner, seventeen minutes away from it,
asking Mike, just waking up with a lot of noise
coming from our own wondering what the hell was going on.
I'm sure the neighbors would have heard. Turns out my
darling husband was trialing out the Mike Hosking cold sharer trick.
I'm not convinced. Love you show adell you will be
His skin will freshen up, he'll look before you know,

(52:12):
he'll drop weight, his skin will freshen up, his hair
will look lustrous. You'll find him more appealing and attractive.
Your marriage will improve, and you will say so.

Speaker 15 (52:22):
And after yesterday's discussion, here's my suggestion.

Speaker 18 (52:25):
Is that.

Speaker 15 (52:28):
Corresponder there that she should try my warm shower method?

Speaker 4 (52:32):
Well, she probably is put it up against the.

Speaker 15 (52:35):
Husband's cold shower method and who see who gets the
better night's sleep and has the better skin.

Speaker 4 (52:41):
Okay, game on, Stay in Touch sixteen two.

Speaker 2 (52:44):
The Mike Hosking Breakfast thirteen.

Speaker 4 (52:47):
Away from Morning Mike, cold shars are a winner. I
got my wife to do an ice bath last week
and she had saw legs. She hated it, but once done,
boom new legs. Water is king for so many niggles
couldn't agree more. Mike tried thirty seconds of the Mike methods,
saw the size of my testicles and felt thirty years younger. There,
I told you, Morning Mike. I went to Venice in June,
paid the city tax to win to stay three days.

(53:09):
Not once did anyone ever ask if I had a
city pass, nor did anyone ever check it. I asked
the airbnb host and she said she didn't know anything
about it, and said there was there wasn't anyone that
was going to check it or enforce it. It's a
city scam. Well, Jeff, of course it is. I mean
it's Italy. What were you what were you expecting that
it was well organized by the way, having been proved

(53:31):
right on EV's I note that Alphabet who announced yesterday
if you were listening to Andrew kellaher earlier on, they're
going to invest a further five billion in self driving cars.
And this is the fascination I have around Tesla and see,
you do realize if you've bought a Tesla in the
last couple of years, apart from the fact, in nineteen years,
is going to be worth literally nothing and you'll have

(53:51):
to throw it out. Elon will have moved on and
he won't care about you anymore. He's now moving into
robo cars. This is my next caller. It's not even
a clever call because we already know that robot cars
aren't going anywhere. The fact that Tesla doesn't have any
robocars in Alphabet with their Waimo do have robot cars
in Phoenix and San Francisco. But guess how much the

(54:12):
robocars are making nothing less than nothing. They're losing money
like there is no tomorrow. So so far, they delivered
all last year in reported so they delivered three hundred
and sixty five million dollars in quarterly revenue. So you think, oh, yeah,
that's quite good. Did they make profit? No, the unit
lost and the loss widened to for the quarter, just
the one point one three billion dollars for the quarter.

(54:36):
So faced with those numbers, what do alphabet do? Tell you?
What they do? They take another five billion and they
throw it in the pot, and they'll be investors out
there going, oh good, that's the future. I guarantee you
in our lifetime. It will never be widely available. As
you know, there's just Phoenix and San Francisco. They will

(54:58):
never be widely available. The robotaxi. The reason the robotaxi
will never work is because anyone who's got a modern
car already has two A degree things in it that
are robotized or in other words, computerized, things like lane
departure warning systems, emergency breaking, steering systems that interfere if
you don't go in a straight line, stuff like that.

(55:19):
And if you've ever got those and you thought, jeez,
these are really cool. I love these because they're so sharp,
so fantastic, it's that's what's going to drive your car.
You will never go anywhere you're sitting in the back
seat with nobody in front, and it will be slow, slow,
so conservative. You will literally won't go round the corner
because everyone else who's still behind the wheel and driving
will be cutting in front of you, and the computer

(55:40):
will be panicking, and so you'll end up taking twice
as long to get anywhere.

Speaker 15 (55:44):
And you're even in a country like New Zealand where
all the roads are exactly the same, very uniform, never any.

Speaker 4 (55:52):
It's in a straight line. It works perfectly. Even in
New zeal you will find it won't come to my
mark my words nine away for mate. The mic Hoste
racers with the janguin like seven Zuver South average seventeen
five finals score. So that's going well to give you
a sense. Speaking of sport, esports, how big they are.
The IOC Olympic Committee vote for Saudi Arabia to host

(56:13):
the first ever Esports Games next year. Are they going
to have medals? Yes, they're also going to have one
hundred million dollars in prize money. Now New Zealand Esports
chief executive Jonathan Jensen is well as Jonathan morning.

Speaker 7 (56:23):
Good morning, Mike.

Speaker 4 (56:25):
Well could you put a team together to represent New
Zealand tomorrow with what you would think is a medal chance?
Are we any good?

Speaker 7 (56:33):
Absolutely depends on the game, because remember that esports has
lots of different types of games and so we don't
know the exact details yet. Think of it a little
bit like athletics. We don't know if it's going to
be one hundred meter sprints or the high jump with
a long jump, but depending on the game that we're
and we've had great success before. We had a bronze
middle and twenty twenty two at the Global Games with
Reagan Kelly and Street Fighter and so yeah, no, we're

(56:53):
absolutely in with a chance, especially because we've been in
the esports space for such a long time. We've been
doing a lot of good stuff some other countries aren't
quite up to speed with yet.

Speaker 4 (57:02):
Is that going to change the game, because that was
my next question. What game would they use and how
would they decide what that is? And if it's a
game we're not good on, do you change the whole sport?
Here by everybody you know tooling up on whatever the
game for the Olympics is, because it'll have to be
the same game, won't it.

Speaker 7 (57:17):
Well, it's probably going to be, and that's why they've
got their own Olympic Esports games it is because it's
going to be. You know, we don't know if it's
ten or fifteen different game titles in there. And so
that's a little bit of the world that we've always
lived in, is that we've always been prepared for. You know,
is there going to be a E football? Is it
going to be a street fighter? Is it going to
be a sim racing? And I think in this instance
we're guessing. An educated guess would be that they'll have

(57:40):
almost all of them. There'll be a lot of different
things there, and so it's about sending a big, wide
range of teams. We might have, you know, twenty athletes
going over there to compete.

Speaker 4 (57:47):
Do you call them athletes?

Speaker 1 (57:49):
Ah?

Speaker 7 (57:50):
Absolutely is esport and.

Speaker 4 (57:53):
I don't want to get into this, but I have
is an athletic pursuit per se. I'm not against these sports.
I'm just saying, is it an athletic pursuit?

Speaker 7 (58:02):
Look, remember that gaming and esports is different. And if
you were if you just go to the beach with
some mates and you throw up all around, you wouldn't
call yourself in all black and jumping on the couch
and playing games. Isn't the sports but the competitive aspect
of esports. I think, you know, I could answer this
question one hundred different ways. I could tell you about
how the commitment and the discipline and the team workers exists,

(58:25):
or I could tell you about, you know, at a
top level, all of the health sciences that go into
being a successful you know, esports player. But the Olympics
they've got We've got an Olympic Esports games now, and
so I think that discussion is fairly close.

Speaker 21 (58:40):
Is it a sport for everyone?

Speaker 7 (58:42):
No, but you know it's at the Olympics now.

Speaker 2 (58:44):
You win.

Speaker 4 (58:45):
Good point. Jonathan Jensen, who's the New Zealand esports CEO,
with us this morning speaking of sports show. I discovered
a couple of years ago. It's called Match Fit. It's
got Graham Henry in it and Tabot de Nikau and
there are a couple of coaches and they all explain
it all in the moment. Any Peter Alertini and Louis
Anderson are former Warrior. Of course, I will ask him
how we're going to fix the Warriors, obviously, but they're

(59:08):
part of the season so well alone, we'll have a
chat about men's health and mental health and all that
sort of stuff for you in a couple of months
after the News, which is next. You're a news Talks Edny.

Speaker 3 (59:19):
The breakfast Show, You Can Trust, the Mic Hosking Breakfast
with a Vita, Retirement Communities, Life Your Way News Talk
said b.

Speaker 4 (59:29):
Right was seven plast names. First reality television goes, there's
not about combo. Actually, you get some well known people
to do some stuff that improves your health. Match Fit.
It's back for its fourth season. It's ex rugby union
rugby league athletes getting themselves back into shape, both physically
and mentally. They're coached each team's coach by Graham Henry
and Towado Nico. First episode came out last night on
TV three. Peter Alertini and Louis Anderson, two of the contestants,

(59:52):
both are with us. Good morning, Good morning love. I'm
extremely well. Let me it's difficult to know where to start.
So first of all, it's a good show, and I
discovered it by accident, and I like the vibe a bit,
and I like what it's trying to do. So this
time round it's contest between union and league, and you
add up all the numbers and you got the fat

(01:00:12):
and the age and what you lose and all that
sort of stuff. What's more important to me. I'll start
with you Louis is my fascination with athletes, elite athletes
and when you're coming to the ind of your career,
how much time is put into the idea of what
I look like feel like health wise post when I
stopped being an elite athlete.

Speaker 23 (01:00:32):
Yeah, I mean everybody's different. Obviously, in my situation, I
trained just out of that was the habit that I
had developed over my career training right, So hung the
boots up and continued training. But then when I realized
I was training really for nothing, I started not training
and this got into bad habits and a bit lazy,

(01:00:54):
and that's when you start running into some health issues
and things like that as we get older. But for me,
I didn't put much time into it. Man, I just
carried on training because that's what I'd done fifteen years.

Speaker 4 (01:01:05):
And saying with you, Peter or not, yep, I was.

Speaker 14 (01:01:07):
I was very similar.

Speaker 24 (01:01:08):
I think when I retired, I came back and got
in a role with Bucket on a rugby club as
director of rugby. So I was around rugby still, although
there was no obviously the competition as such to play
in for myself. But I just got and actually got
to train, enjoy training so much more outside of just footy.

(01:01:31):
So I was probably more in that, like you stake
of knowing that it's part of it, but managed to
find something more than just training for rugby. So that
was that was kind of my my kind of purpose
in terms of life after.

Speaker 4 (01:01:46):
We don't have to give the results away because that's
all part of the show and stuff. But some of
the some of the guys are blown out in a
big way. What happens? How do you blow out? Because
here's my thinking, once you be you don't have to
be an elite athlete forever, obviously, but the health benefits
of being well surely must you must clock them. How

(01:02:06):
do you fall apart?

Speaker 24 (01:02:08):
I think in my case, when I see guys that
are blown out, I think it's through the experiences are
supposed to have as a trainer during that time. Where
for some guys that's one part where where they didn't
really like training when they were professionals, did it because
they had to, and then once it was finished, then
they decided not to do it anymore. The other part
is around I think guys just go, like we all do,

(01:02:30):
some challenges that are a bit more than taken and
the last thing they want to do is trained to
keep them well. You know, I don't think they understand
that part of how it links that you know, your
physical ability will definitely help your mental ability. So that's
that's what I kind of felt for some.

Speaker 4 (01:02:47):
See, the interesting thing for both of you are frauds
in the scene status because you both you both look fantastic.
You don't carry much weight if you look at some
of the other guys, your biometric age is way under
what actually it is and all that sort of thing.
So as far as the competition is concerned, what Louis
did you add to it? Because I mean, how much
weight could you lose? How much? I mean, you're already found.

(01:03:07):
You look at you're a specimen of a man.

Speaker 23 (01:03:09):
Oh you're very kind. But I think what's interesting is
when you do a body scan, it gives you information
that you cannot see.

Speaker 12 (01:03:18):
On the scales.

Speaker 4 (01:03:19):
Isn't that freaking Yeah?

Speaker 14 (01:03:20):
And that's for me.

Speaker 23 (01:03:21):
During the show, that was the where my changes really
took place. The weight was a different story, but you'll
see that on the show. But yeah, it's even though
sometimes we can train, we don't see the scales going down,
but the actually internal changes are huge.

Speaker 4 (01:03:36):
Yeah, And did you understand that as an athlete going
in or not?

Speaker 22 (01:03:39):
Really?

Speaker 12 (01:03:40):
Not really?

Speaker 23 (01:03:41):
I mean, like we're talking about before, like you train
so much as a professional athlete that sometimes you can
have a not greater diet, but because you're running every day,
you're burning it, you get away with it, and then
when you stop, you stop training, you still have the
bad diet and that's when the weight goes on.

Speaker 4 (01:03:56):
So hy is Peter in your sceense, you were around
at a time when that sort of thing transformed the game,
you know, in terms of fitness and diet and nutrition
and the professionals within the side that gave you the
information you may or may not have needed.

Speaker 24 (01:04:11):
When I was in the game, that was stuned to
come through right, you know, I was kind of in
the transition where they like, this is really important for
your performance as such. So when I left, I was
still kind of unshort, like is it really the same thing?

Speaker 14 (01:04:24):
Probably didn't worry too.

Speaker 24 (01:04:25):
Much about diet, just trying to outtrain it as such.
You know, playing have fun. But I think in my
latter years in Japan, being around people there, I started
again kind of being a bit more particular knowing I
suppose that the older I was getting older. So every
time I keep coming back and I want to keep
playing on you to kind of stay fit as such.
But it is it is that that kind of internal

(01:04:48):
side I think as the scariest part where you think
you even even as a fit body, but all of
a sudden, you know, you could you sugar levels could
be higher, or.

Speaker 14 (01:04:56):
There's an imbalanced and you don't know.

Speaker 24 (01:04:58):
Yeah yeah, So kind of to get in those messages
around getting regular checkups and all that kind of stuff
become makes sense as you.

Speaker 4 (01:05:06):
Listen, hold on, Peter Alertini, Louis Anderson match fits the
game or the show more. In a moment twelve past.

Speaker 2 (01:05:12):
Eight, the Mike Hosking Breakfast Talk a.

Speaker 4 (01:05:15):
Bit caught a past date, Peter Alertini, Louis Anderson with us.
Now listen, I'll tell you what, Louis. It was interesting
on the show. How do you deal with the culture
of bloats talking about health?

Speaker 12 (01:05:25):
Right?

Speaker 4 (01:05:25):
So, I'm looking at the opening and I won't give
too much away, but there's an element of nervouses there,
some of them, some of them are going to have
to face up to some you know, pretty serious challenges.

Speaker 23 (01:05:34):
Yeah, you did, right, It takes a bit of courage
because everyone's you know, there's probably embarrassment involved with some
things as well, hopping on scales and knowing how much
body fat you're carrying at the time. So it definitely,
you know, it takes a bit of carriage to get
up there and expose yourself to each other. But you know,
it was a safe, safe place for us to open

(01:05:55):
up not just about our weight and issues, health issues,
but also mental struggles as well well. So that's what
the what I like about the show. It just doesn't
cover your physical challenges, but also the mental side.

Speaker 4 (01:06:06):
What about the mental side for you, Peter? Is that
a thing? Has it been a thing? Is it a thing?
Is it with any of the other guys? Did you
take that side of it as a surprise or not?

Speaker 24 (01:06:15):
No, Look, it's not for myself because I know, I
know how hard it is mentally to really to talk
about what you're going through and your challenges and you know,
and I'm no different. The last few years have been
very challenging in my own personal life. But yeah, the
key around just kind of reconnecting, being able to share

(01:06:36):
and kind of you know you share, is like that
there's no pressure. This shit, you know, it's in your
feel and and where you're at. But there's a real
beautiful thing when you when you reach those heights and
you just want to share what I suppose what the
group has done for yourself to be able to overcome
that now and put some things in place to go forward.

Speaker 14 (01:06:54):
And we know it's it's not the show.

Speaker 24 (01:06:56):
Is a beautiful thing, but we know that it's after
the show that you know, when you when you expand again,
how do you find those little nations that you've picked
up from there to carry carry through your journeys.

Speaker 4 (01:07:07):
That's a mental discipline though. That's right, isn't it? Which
is the other thing that it fascinates me, Lou about
you know elite athletes do is mental discipline? Not natural?
Is that taught in that sense? You know how some
people are born to just you are what you are,
you know what I mean?

Speaker 14 (01:07:20):
Yeah, definitely.

Speaker 23 (01:07:20):
I mean I came into the Warriors when I was young,
and I learned a lot of a lot about discipline.
I mean, depending on your home environment and what discipline
is instilled there, if there is, but going there, learning
how to train when no one's watching you, and all
that sort of thing I had to learn all that
I didn't naturally have that Again, you know, I went

(01:07:42):
to boarding school and learned sort of a bit of
discipline down there as well. But yeah, sometimes it's not
natural in us, and we learned that in the professional environment.

Speaker 4 (01:07:50):
So are you happy with these days?

Speaker 2 (01:07:51):
Peter?

Speaker 4 (01:07:51):
And when I asked that question, the other thing that
fascinates me about people is once you've been an elite athlete,
you know you're going to retire young. That's just the
way it is. And perhaps what you do at that
time is the greatest thing you will ever do in
your life. And then there's another forty years. Have you
had to deal with that or not?

Speaker 2 (01:08:10):
Really?

Speaker 14 (01:08:10):
Yes, you've heard it right in the head. I have.
I thought I was during that time professional.

Speaker 24 (01:08:16):
Of course, we reached the heights and I did, and
then it became once I finished in Japan, even though
I was involved in rugby and did all the coaching,
understanding all the different pathways for kids, there was still
I think it was deep inside. There was still things
that I hadn't dealt with. One kind of the finishing

(01:08:37):
understanding that games, games done and all that, but even
some disappointments, I think throughout my career that I hadn't
outworth that kind of surfaced. Never thought it a surface thought.
It dealt with it then, but it surfaced at some
point in my life. But in terms of I suppose
just getting older, a little bit more patient, a little
bit more oderstanding, has got me to a place where

(01:08:57):
I can honestly say that I'm going to your place
kind of more more understanding and just more content good
and life is life is good, and the kids are
all growing to great ages and their living life to
their fullest. So then for myself now it's like cool,
Like that's that was one of the other guys post
Rugby was that making sure that the kids are all

(01:09:18):
good and healthy and happy and looking at a living life. Right,
So that's been cool, and that's where I'm at now
and really really happy around fantastic.

Speaker 4 (01:09:27):
The most critical question of the whole interview, though, Louis,
is what do we do with the Warriors? Then come on, yeah, yeah,
you go out. I mean, you know, I got twenty
six years, twenty seven years invested in the side, and
Webster was the hero and he was going to save
us all, and we've started off well this season. Then
it all falls apart, and then we beat the Dolphins
and the Panthers, and then we lose to the Titans,

(01:09:50):
and then Harris Devita can't kick you know, come.

Speaker 12 (01:09:53):
On, yeah, it's you know.

Speaker 23 (01:09:56):
I always always thought when you when you're when your
team's mottos, keep the faith, it's it's to worry. But
you know, I think last year they sit that by
that bar so high and they did so well, especially
webs first season, And I mean, like I always support
the Warriors when when when we'll lose. So I think
they're just going through a little patch at the moment.
But I hope they just finished the season strong and

(01:10:16):
carry that on into next season.

Speaker 4 (01:10:19):
Okay, but no, no, I've got no answer.

Speaker 2 (01:10:21):
I've got no answer. You've got no answer.

Speaker 23 (01:10:25):
But I'm like you man, I'm you know, I just
hope they do well and turn it around for the
rest of the year.

Speaker 14 (01:10:30):
So I look at it as I reckon, we're we
really struggle.

Speaker 24 (01:10:34):
Like the expectation was high, but that's always got to
be in our sporting life. When when you get to
that spot, the key around the players, when they get
to that spot, it's like and it's going to come
harder next year, So what are we doing to match
it and go further because now now we've done the
hard yards to get that and people are behind us.
So it's always like I always feel, even with kids,

(01:10:56):
when we work with the first think kids, it's like,
once you set the bar high, you've got to keep going.
You can't come back down. So it's that acting. I
think we've to still the man.

Speaker 4 (01:11:06):
I think Webster is definitely the man. Are you two
of the men as well? It's fantastic to see you both,
and good luck at the Shaga. Nice to talk to you,
Peter Alertini and Louis Anderson this morning. By the way,
the participants in the show Allie Lati, this will take
down memory Land. This of the league side, obviously, Ali Latiti,
Henry far Feeley, Colo, Leslie Voniccolo, Clinton Torpie, Louis Anderson

(01:11:27):
and Paul for Tata And as far as rugby is concerned, Alertini,
weepoo bunts, Spencer, Miller and Fisa.

Speaker 15 (01:11:37):
We're having a bit of a discussion about how much
Calus Spencer needs to tidy himself up.

Speaker 4 (01:11:41):
That's that's why I was talking to Sam before we do.
I said, this Spencer guy, what a fraud, you know,
the whole toffee pop business. The guy looks ridiculous, especially against.

Speaker 15 (01:11:51):
Some of them who maybe he's got a blood sugar
problem or something we don't know about.

Speaker 4 (01:11:55):
It could be that twenty two past eight.

Speaker 1 (01:11:59):
Breakfast if Bailey's Real Estate News talks.

Speaker 4 (01:12:02):
V Now, speaking of health during the cold water months,
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(01:12:23):
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what's the show called again? Match fi TB three Singapore
safest city in the world. They do the annual You know,

(01:13:04):
which is the safest city in the world. Singapore tends
to win. It's one again. Sixty cities analyz to be
thinking about a holiday Singapore, Tokyo, Toronto, Sydney, Zurich, Copenhagen,
soul Osaka, Melbourne, and Amsterdam. And they all feel don't they.
If you've been to all of it, they all feel safe,
don't they? They all look safe. When I say those names,
you think, oh you that safe. Karachi not so much.

(01:13:28):
Karraks though the worst. The best is Singapore with zero points.
In other words, they don't have any problems. You look
at all the problem categories, they get zero points, so perfect.
At the other end of the sky of karrak is
one hundred. It doesn't get any better. Than that level
four do not travel advisory Karachi second me and mas Jangong.
You don't want to go there right either, So just

(01:13:50):
heads up, don't say I didn't warn you. Use in
a couple of moments. So we'll deal with these seven
MPs out of labor. They've only been in power for
what three and a half minutes, and already they're crossing
the floor and already sekias having to suspend them. So
seven of them are down. So we'll get the update
from rodin little as we take you to the UK,
the United Kingdom. After the news, which is next. You're
on the mic Hosking Breakfast.

Speaker 3 (01:14:15):
Big News, Bold Opinions, The mic Hosking Breakfast with.

Speaker 1 (01:14:20):
Jaguar, The Art of Performance News togs EDB.

Speaker 4 (01:14:23):
Now that I've given you the safest cities in the world,
the most powerful passport in the world is of course,
not only is Singapore the safest city and the world's
got the most powerful passport in the world. We should
be more like Singapore. It's my message, quite simply, small
island nation, five million people, How can they can do it?
We can't. So Singapore most powerful passport in the world,
followed by France, Germany, Italy, Japan and Spain. They're all

(01:14:44):
second equal Austria, Finland, Island, Luxembourg, Netherlands, South Korea, Sweden, next, Belgium, Denmark,
New Zealand, Norway, Switzerland, UK. I mean, depending on how
you want to do it, fourth or fourteen hundred and
ninety points.

Speaker 12 (01:14:58):
So does that mean exactly?

Speaker 15 (01:14:59):
So is it when you put it in the in
the reader thing? No, and it scans its there is
that long pause. But if you've got a Singaporean one,
does it go like instantly.

Speaker 4 (01:15:08):
Just big ticks straight away. It is visa free access
to one hundred and ninety states and countries. The more
mobile you are, the better it is. Worse or the
biggest improver is the UAE. It's gone from sixty second
to ninth. Venezuela has gone backwards from twenty fifth to
forty second. So we're okay, not so good in the safety,

(01:15:30):
but okay in the passports. Twenty two minutes away from nine.

Speaker 17 (01:15:33):
International correspondence with Insit Eye insurance, peace of mind for
New Zealand business.

Speaker 4 (01:15:38):
We've inted the introds without this time. But we've got
a whole bunch of labor in Peace suspended seven of them.
One of them was Epsana Begum.

Speaker 9 (01:15:45):
It's something that's been going on for some time, and
there is widespread popular support for scrapping the two child
benefit cap, which we know at many think tanks, research
organizations and anti poverty charities have said very clearly it
would immediately lift out hundreds and thousands of children from poverty.

Speaker 4 (01:16:03):
And so there's the device. Anyway, Rod rods Little is
with us.

Speaker 21 (01:16:07):
Morning Mac, Good morning to you mate.

Speaker 4 (01:16:09):
We played a little cap from one of the suspendees
from the Labor Party, one of the seven, and she
seemed somewhat surprised that she'd been suspended. Otherwise, what are
these people thick or they didn't realize the rules of
what's gone on.

Speaker 21 (01:16:21):
Well, it's interesting it took Boris Johnson a couple of
years before he lost seven MP's to buy who voted
against him. It's taken Sakir three weeks. This was a
vote on child benefit, you know, should we pay child
benefit regardless of how many children people have. The Tories

(01:16:44):
put a cap on two and Sakiir Starmer's put a
cap on two. This has led to a large number
of left wing MPs and activists within the party changing
the name of Sakir Starma to Sir Kid Staver, which
is quite neat. It's caused trouble for the Labor Party,

(01:17:07):
There's no doubt about that. Obviously. The government won its
vote on This was an SNP amendment, a Scottish National
Party amendment about scrapping the cap on two children for
child benefit. The government won with great ease. But not
only were the seven people voting against, including an intelligent

(01:17:31):
person John McDonald, as well as six Morons, but there
were also forty odd Labor MPs, including a few I
know quite well and some of whom were friends, who
refused to vote at all. And it, as one Labor
MP said to me the other day, off the record,

(01:17:52):
so I'm going to give the name. There are going
to be many, many very hard fights ahead with this.

Speaker 4 (01:17:58):
Government exactly, which is my next question? Is this going
to be and we talked about this before, part of
the size of the muster. When you win that big,
you get a lot of people in there that's going
to cause you trouble.

Speaker 21 (01:18:08):
Yes, yes, it is, Yes it is. Though I'm not
sure that the size of the majority matters that much.
What matters is the degree to which Sakir s Darma
differs at heart and a core from the vast majority
of the Labor Party activists, who I suspect if you

(01:18:31):
cold all the Labor Party activists this afternoon, ninety percent
of them would have been in favor of those seven
people who voted against. So, you know, I think that
is the problem in a way, you know, we compare
it to the Tony Blair years. Tony Blair sorted out
the party before he called into office. Skiers half sorted

(01:18:53):
it out, but it's not quite there.

Speaker 4 (01:18:57):
Yes, yes, how yesterday on the Progres before we leave politics,
I featured a little bit of James Cleverly hit the
socials to try and spook himself as the Tory Party leader.
Is James Cleverly a man of the future or not?

Speaker 12 (01:19:09):
Really?

Speaker 21 (01:19:11):
It's so impossible to tell with the Tories, because they
always alight upon someone who was entirely improbable to lead
them in the end, But because of the nature of
their election campaign, I don't think so. I mean, I
think there are things which are good about him, but
I don't think he has the pull with the activists which,

(01:19:32):
for example, Kenny Badanock has I don't think or INDI
swella braverman, and I don't think he has the kind
of breadth that someone like Tom Tugganhat has, for example.
So I think he's probably an outsider. And I've never
heard him say anything which interested me or made me think, well,

(01:19:55):
there's an intelligence at work and we ought to look
out for this guy. I don't mean that to be rude.
He may have said it and I missed it, you know,
you know I can't. But there are a lot of
people put in their stalls out at the moment. And
I said to Tom took an Hat yesterday, who is

(01:20:15):
one of them? Sorry? Tom, you are the only white
male in this contest.

Speaker 4 (01:20:22):
Good luck with that exactly. Hey, Olympics, miss Doujardan, who
isn't going? How much trouble is she? And how big
a story is this?

Speaker 21 (01:20:29):
It's a big story over here. We don't like that
kind of stuff. What happened is she's one of our
topic questrians. She's in Paris for the Olympics, and she
was filmed whipping her horse twenty four times in a
rather vindictive manner. I have to say, and certainly what
many people have called a sadistic and vicious manner, and

(01:20:49):
she's now been forced to withdraw said she made a misjudgment.
Yeah right, and it has resonated big time here. People
are glad that she's no longer in it. The cruelty
to animals really really rubs up the British public the

(01:21:11):
wrong way. And you know, if I were James Cleverly,
I would cuddle a puppy every time I'm in public.
This kind of thing is also important because it tilts
into this general animosity towards equestrian sports, which includes horse
racing where so many horses die every year, the Grand National,

(01:21:33):
where there's always a casualty every year, and indeed now
even into the more genteel confines of equestrianism. So yes,
it has resonated front page of every newspaper and a
big deal.

Speaker 4 (01:21:46):
All right, mate, go well, catch up next week Ron
a little out of Britain for sixteen away from nine
quickly Rodalby, please, he already knows. But the former Chancellor
Za Howie turns out to be part of a group
in an Invista group. The Telegraph in the newspaper is
along with the Spectator. This is where Rod comes in
because Rod works for the Spectator, among other things, is
for sale. They thought they had a deal about six

(01:22:08):
hundred million pounds one point two billion. They thought they
had a deal with a Gulf backed consortium Redbird. Government
went well, hold on, we don't like the look of that.
So they got it. They got involved, and so that
sale was scuppered. So they've gone back to the market again,
open process. They think there's about twenty interested parties, one
of which is Zahawi and his group of mates, so
Rod may end up working with him. Eight forty five

(01:22:30):
the my hosting Racist twelve away from nine. We seem
to be on a theme, so Passport's safety the other
stand I can give you this morning of the fastest
growing towns in America. Nine out of ten of them
are in Texas, so they're on fire. Mike, there's a
comedy on Netflix called Utopian. It's a great documentary on
government department. It's not a documentary, it's comedy and I've

(01:22:51):
seen it and it's old. Not that it being old
is a problem, but if you haven't seen so, it's
quite entertaining. I also note that Counta Reeves has written
a novel. Although I do know I've read a couple
of articles about that he's co written a novel, and
the inference was he may not have spent a lot
of time actually doing the writing, so more co than

(01:23:12):
writing anyway. The Book of Elsewhere it's written in collaboration
with a science fiction author called China Melville. It's about
an immortal warrior who wants to be able to die,
and Kano says he thinks about dying all the time,
but that's he says that in a positive way. What
I do know about Conu Reeves is I've just literally

(01:23:34):
was it last night of the night before? I can't remember.
I finished the final episode of his program on Disney
called Braun Brwn. It's named after a person Ross, and
it's about one the F one season of eight nine Braun.
I won't bore you with the story, but it's in
the end I've decided. I told you about it a
couple of weeks ago, and I said, you really got
to be an F one wonk. I've changed my mind,

(01:23:56):
you don't. There's a lot of car racing in it,
but it's the store that's more important of will and
determination of luck, and it's brilliantly done. And it's only
something interesting about these streaming services they seem to pop
and this seemed to be some sort of passion project
of counter Reebs. It turns out to be some f

(01:24:17):
one freak. So all of a sudden, so it deals
with Jensen Button and Rubens Barrichalo. Rubens Barrichalo was one
of the drivers for Braun in this particular season, and
so he turns up. They're chatting about the second to
final race of the season and it's in its Interlagos
in Brazil, and counter goes and then all of a sudden,
you get to the second to last race, change a picture.

(01:24:41):
They turn up sitting on the back straight together, so
the whole thing is shot with Kuno in one seat,
the guest and another. Suddenly bang they're on the back
straight up into Lagos. So, in other words, for what
turns out to be maybe a minute ten in the documentary,
they've traveled to Brazil, taken two seats, sat in the
middle of into Largos and thought, let's film this here.

(01:25:01):
Someone has budget beyond belief. So the rest of the
time they're back in England. So it's well worth watching
and Jensen Button and you'll not I won't give it away.
Jensen Button in the final episode tells a story that
gives you everything you need to know about how to
succeed in life. It's one of the most moving moments

(01:25:23):
you'll ever see. It's absolutely superb nine to nine.

Speaker 3 (01:25:27):
The costume Breakfast's with a Vita retirement Communities News Tom saidb.

Speaker 4 (01:25:33):
Mike, So, after covering the various economic stories this morning,
could it be said that the Central Bank has us
right where it wants as well? It's the great debate,
of course do they If they do, then the cuts
are coming. If they don't, then they're not urgent, says
the text urgent. What was the program with Jensen Button's
called braun brawn just before I finished boring you witless
with f one, Max with staffand's taking a ten place
green penalty this weekend at the Belgian Grand Prix. And

(01:25:56):
the importance of that is Max doesn't drive or win
the way he used to, and they've got points problems
and within the next couple of races of things keep
going the way they are, McLaren's going to overtake them constructors,
at which points people are going to leave teams and
people are going to get sacked. And this is where
Liam Wild fits into the jigsaw puzzle. What are you doing, Glenn?
You're the needle on the record there. What are you doing?
You're fucking around with a record player again stop it.
It is five minutes away from nine trending.

Speaker 1 (01:26:17):
Now we Humous Warehouse your home of Winter Essentials.

Speaker 4 (01:26:21):
Bob Dylan movie, because we can't have enough Bob Dylan movies.
It's called a complete unknown set from the song what's
the song that comes from? What is that song? Anyway?
Have a listener. Who's who? Here's your quiz? Start up
at teen? Who's playing Bob?

Speaker 20 (01:26:35):
A few months back, my friend would have Guthrie in
a We met a young man.

Speaker 4 (01:26:42):
He dropped in on us out of nowhere, and he
played us the.

Speaker 25 (01:26:44):
Song beve You've been my booad son?

Speaker 1 (01:26:52):
Who have you been?

Speaker 20 (01:26:54):
My darling?

Speaker 25 (01:26:55):
Young one has some along the side of twelve misty mountains.
I walked in, I crawled on six crooked highway. I've
stepped in the middle of seven sad fires. I've been

(01:27:20):
out in front of a dozen biddles. I've been ten
thousand mouths in the mouth of a greed in time.

Speaker 4 (01:27:32):
I turned to something when he dies. He will be
seen as I've decided it's final, so there's no debate
when it does happen. He is the greatest singer songwriter.

Speaker 12 (01:27:42):
Of all time.

Speaker 4 (01:27:44):
Just listen to the words. They're too clever. Paul Simon
had come close, but he's better. Timothy Shemley is the
answer Edward Norton's. And there is Pete Seeger Ellie Fannings
playing his first love interest, which was sus Rotolo, of course,
although they called her in the movie Sylvie Russo. Probably
something to with lawyers who would know anyway. It's out
in December in theaters like a Rolling Stone is of

(01:28:06):
course a complete unknown and if you've never heard it,
and I don't know why you wouldn't, But every now
and again, what I like about Bob Dylan is you
discover songs that you didn't know about Bob Dylan. You
got Not Dark Yet. There it's too late, No, don't
do that. I hate do you hate me doing that?
At the last minute day and you just go, why
does he do this? Not Dark Yet is probably I

(01:28:26):
think probably actually there's no argument of this either. Not
Dark Yet, which is not one of his great hits
of all time, is the greatest song that Bob Dylan
ever did, bar none.

Speaker 12 (01:28:37):
Just listen to the lyrics.

Speaker 4 (01:28:38):
I play snooker to it every single weekend. I play
it over and it's about six minutes something long. It's
over and over and over again.

Speaker 7 (01:28:48):
Bring it.

Speaker 4 (01:28:49):
Do this today, listen to the sign text.

Speaker 14 (01:28:51):
Me to on topic.

Speaker 4 (01:28:53):
Gotta listen to the Wodsay back tomorrow.

Speaker 2 (01:28:56):
As always Adams.

Speaker 3 (01:29:04):
For more from the Mic Asking Breakfast, listen live to
News Talks at B from six am weekdays, or follow
the podcast on iHeartRadio

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