Full Show Podcast: 26 March 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
In New Zealand's home for trusted news and views, The
Mike Hosking Breakfast with the range Rover Villa designed to
intrigue and use togs, Dead b Welling a.

Speaker 2 (00:10):
Wile come to day New dato on the jobs to run.
So I cannot be a glass half full or empty.
The Australian budget has to be seen to be believed.
We got gang trouble in Gize because Hipkins on whether
he wants to cooperate with the government on this RMA reform.
Mark and Jinny do the politics after the rate, of course,
Richard Arnold and the States and Sea Priest in Australia Posky.
Middle of the week, seven past six. Here we go
now Village Road Show, who are no small player in

(00:31):
the movie industry. Of course, this week filed for chapter eleven.
They've been having some legal troubles or issues with another
major studio. But they also cited along with that their
other overriding problem, the actors strike. You remember that it
was more than actors, of course, it was the whole
of the industry. Hollywood came to a great, big grinding
stop for months as they argued over pain conditions. Some
of the pain conditions were based around what was seen

(00:52):
at the time as this frightening new development called AI
that was potentially going to slash their work and income.
They wanted protections. It was eventually settled, but and here's
the really big question, at what cost. Hollywood has never
come back. The movie industry has never really been the
same again, irony of ironies. A lot of people lost
their jobs, not because of AI, but because they never

(01:14):
recovered from the shuttering as a result of the strike.
So given fewer movies were made, less income was generated,
and so the vicious cycle began until someone like Village
Road Show could no longer go on, so they folded
for chapter eleven. Chapter eleven. If you don't know, by
the way, it's not the end. It can be the end,
But initially it's about some protection to get some affairs
in order and potentially get a rescuer. The lesson here
is this unionism, which is what this is. I mean, Hollywood,

(01:36):
in the film and television industry is heavily unionized. As
one of those ideas that once upon a time might
have made a modicum of sense, But as the world
and the workplace has changed and got increasingly sophisticated now
presents as an old idea that basically does more harm
than good. So they go on strike. The multimillionaire actors,
of course backed them. Food parcels are handed out, they
pound the picket line. They eventually cut a deal. Is

(01:57):
that good? Well not if you then go and lose
your job? Not of the studio then goes and files
for chapter eleven. What's the point of that? What would
you rather have more money for fewer people or more people?
Because that's what unidism does. So was the strike a
win or a path to joblessness and business ruin? And
what do you reckon? Village Road Show would.

Speaker 1 (02:16):
Say News of the World in ninety seconds.

Speaker 2 (02:21):
On the good day for the Trumpets in Washington as
they trying to find the way out of a group
chat gate.

Speaker 3 (02:27):
Did you participate in the group chat with Secutuary of
Defense and other Trump senior officials discussing the m and
war plans?

Speaker 4 (02:34):
Senator I don't want to get into this, man, Mam.

Speaker 5 (02:36):
Were you on?

Speaker 6 (02:37):
You're not going to be willing to conversation, so you're
not are you denying?

Speaker 2 (02:40):
You were not TG on this group chat? There was
Tulsa Gabbitt TG running Defense at the Center's Intelligence Committee,
the Dems reveling in it.

Speaker 7 (02:48):
It is by the grace of God that one of
those enemies didn't alert the Hooties in advance so that
they could reconfigure their anti aircraft assets. And had they
done that, we would be looking at dead pilots right now.
That's how serious what this administration did.

Speaker 2 (03:02):
Is The committee hearing, by the way, also had a
few Palestinian activists tune up.

Speaker 6 (03:05):
Speak up now if you want to be removed as well.
Whoever's saying that, if anyone else would like to join them,
speak now, please that we don't have any more disruptions.

Speaker 2 (03:20):
While we're in the states of the deportation scrap between
the administration and the court's roles on former ag Bill
bar Waden.

Speaker 8 (03:25):
The Constitution gives the President the power to make the
judgments about how we deal with foreign nationals when we
are animated by national security concerns. It's his call, not
a district court judge's call.

Speaker 2 (03:38):
As regards the war, we've got to break through of
thoughts as both Russians and the Ukrainians agree to the
Black Sea cease fire. Although agreement and doing a two
different things.

Speaker 9 (03:47):
Russia has a history of never ever being able to
keep any international agreement, so therefore I don't really have
one hundred percent hope from Maddie are going to do
this this time in Greenland.

Speaker 2 (03:59):
W Barns and her mate's pending visitors still racking up
the Europeans.

Speaker 10 (04:03):
Guests coming there are in a way disturbing, but of
course green and Denmark to the Kingdom is a free
country and we received the guest.

Speaker 11 (04:13):
But we found this message quad in Predad.

Speaker 2 (04:16):
Finally, bad news for the UFO was a bit of
excited from the tin hatters when they saw a large
glowing spiral that lit up the skies in Britain earlier
on this week. Turns out it was a SpaceX rocket.
It's frozen exhaust bloom spitting away in the atmosphere and
reflecting slight. So maybe next time that's news of the
world in ninety year. Donald Trump, he's backed Waltz, says
Waltz is a good man. Leek was a bit of

(04:37):
a glitch. Gabbard, meantime, says there was no classified material
shared in the signal chat, so they're working pretty hard
to try and host that one down. Richard Arnold with
us in about half an hour's time. Twelve past six.

Speaker 1 (04:49):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio call
it by News.

Speaker 2 (04:55):
Talksp government has been a viscerated across the Tasman rightly
by the headlines this morning of the budget. What a
laugh that was, But I'll tell you more about it later.
Labor didn't expect to deliver this budget, says the headline.
That's why they had no good material left. Headline number
two surprise top tax cutter is enough for a cup
of coffee in a brazen pitch of the votes. Headline
number three. This government is timid, uninspired and uninspiring. This

(05:18):
budget fits it perfectly. Fifteen Class six. Although Laura Charmer's,
the wife of the Treasure, had turned up in appropriate
Leeds priced clothing last year, she turned up and some
patty for a couple of thousand dollars and that was
deemed unacceptable. So this year she splashed out three hundred
and forty on a nice Mossman piece. Where was I

(05:40):
Andrew kellaher Joe my Wealth, Good morning morning, Mike Jobs.
Talk to me.

Speaker 12 (05:45):
Yeah, I wanted to talk about the state of play
of the local employment markets, because we had yesterday, we
had a couple of lenses into that part of the economy.
So firstly, the B and Z Seek Employment Report that's
released monthly, so it's a high frequency piece of data,
looks at job ads and demand for staff or job

(06:05):
ads declined one point eight percent in February, and that
follows a bit of a lift in January. And Mike,
I think this is really reflecting what we're seeing in
other data series as well that have displayed what we're
referring to at the moment is a choppy pattern. But
if you sort of take the if you take it
sort of a slightly bigger picture of view. Compared to
a year ago, the data series is reporting about seventeen

(06:27):
percent fewer job ads. So fewer job ads means fewer
companies are looking for staff, which equals a weaker employment market.
But let's find the silver lining. The pace of decline
is slowing. That's also consistent with other data series, and
I think it's suggesting that the local economy is stabilizing.

(06:48):
It's potentially turning, but it's not exactly frothy.

Speaker 7 (06:53):
Now.

Speaker 12 (06:53):
The actual numbers are sort of small here, but not
West Coast is experiencing good employment growth.

Speaker 2 (06:58):
It's on top of the ladder.

Speaker 12 (07:00):
My interest is peaked by the month and month change
that we're also seeing in Canterbury and Southland. They sort
of run us up in terms of growth, and we've
talked regularly about the feel being better in the South
Island and also arguably places where the strong rural economy
may have an economy maybe having a more pronounced impact.
Mining is the key driver of West Coast employment growth.

(07:22):
I mean authors of the report, they refer to the
areas of the economy where the PM has said he
expects to which he expects to support growth. Mining resources
is one of those, so job ads in that sector
are well ahead of last year. A couple of others
hospitality and tourism. While hospital and touring job ads are
broadly unchanged, the other one he referred to as science

(07:42):
and technology, and there is very little.

Speaker 2 (07:45):
Going on there.

Speaker 12 (07:46):
In fact, job ads are eighteen and a half percent
lower than last year.

Speaker 2 (07:50):
Okay, So then we come to the confidence, which doesn't
worry me because this is tail and stuff, isn't it.
So if the economy is coming right, jobs will come
right eventually as well. The labor market. The last thing
to turn.

Speaker 12 (08:02):
But employment's confidence actually at the moment doesn't It doesn't
look very good at least that's the takeaway from the
latest west Pac mcdermald Miller employment confidence report for the
March quarter, because employment confidence has fallen three point three
points from the December quarter, so it went ninety one
point six to eighty eight point three. Now I get
what you're saying. I hear that, But the problem we've

(08:23):
got here is just the context, because eighty eight point
three is pretty much the same place as we were
when we're at the depth of despair after the COVID shot.
So yes, it is the last thing to turn, but
it's coming from a pretty low base. So we've given
up the games that.

Speaker 2 (08:36):
We saw in the December quarter.

Speaker 12 (08:38):
The current Employment Conditions index was actually even weaker, eight
to two point eight down to seventy five point three,
so falling seven and a half points. What this is
telling us, Mike, is that employment conditions are still pretty subdued.
I mean, we're pretty sure that the economic milieu is improving,
but it's not a seismic shift. On Friday, we get
monthly employed, the monthly employment indicator, that's the filled job

(09:02):
so actual real data from IRD that should also show
that the number of filled jobs is stabilizing. But right now, Mike,
we aren't getting unequivocal signs that the improved business confidence
is translating into improved job opportunities. Not yet anyway.

Speaker 13 (09:18):
As with the.

Speaker 12 (09:19):
Other report, I talked about this big regional variation alpens
a bit grim and that has a clear effect on
a national average most regions, the same jobs are hard
to find. But unsurprisingly, Mike, if you're looking at earnings growth,
where we were seeing earnings growth in those regions that have
got you know, that are farming intensive, so they are
the places to be at the moment.

Speaker 2 (09:37):
I need some numbers.

Speaker 12 (09:39):
Yeah, not much going on. Actually, the Dow Jones is
down sort of twenty eight points, which is point zero
seventy percent, so i'd call that flat forty two thousand,
five hundred and fifty five. The S and P five
hundreds up seven or eight points. Again, only a small
move five seven seven five, but then a's de can
a little bit bitter. It's up just over a quarter
percent eighteen thousand, two hundred and forty overnight. The fort

(10:01):
seo one hundred gain point three of percent eight six
six three. The nicko was up almost half a percent
to slightly better there three seven seven A Doo Shanghai
combs barely moved three three sixty nine. The A SX
two hundred gained six points yesterday seven nine four to two,
and we actually had a positive down there six fifty,
which is a relief uper point four to six percent

(10:23):
twelve one hundred and eighty four. Kiwi dollar a little
bit stronger than yes day point five seven three seven
against the US point nine oh nine nine eight against
the AUSSI dollar point five to three oh nine Euro
point four four to two eight against the pound eighty
five point ninety Japanese yen gold a little bit stronger
threeenty twenty five U s dollars and break grewed stable

(10:45):
seventy two dollars and eighty cents.

Speaker 2 (10:47):
You have most excellent day, Andrew kelliher Jomiwealth dot co
dot n z ask getting boeing. I'm here to report
the cash burners evening, and and mind you have they
burnt some cash tariffs they're not sure about yet, but
the CFO said, we are quote, we think we're off
to a good start to the year. They went through
about fourteen billion dollars last year, including more than four

(11:08):
billion in the last three months of twenty twenty four,
so hopefully things are stabilizing for Boeing six twenty one News.

Speaker 1 (11:15):
Talk So Big, The Vike Asking Breakfast Full Show podcast
on iHeartRadio, Power By News Talks at.

Speaker 2 (11:26):
B brigod Peacefull feature in a moment, the greatest threat
to America's security is Donald Trump's in nept in a circle.
I mean, you can't make the stuff up more with
Richard Arnold shortly meantime in Japan, very interesting case guy
called Hakkamata. He's eighty nine. He was found guilty in
nineteen sixty eight of killing his boss's boss's wife, their
two children, but he was acquitted last year after a retrial,

(11:46):
and a retrial in Japan is very very unusual. Forty
seven years he was on death row, world's longest serving
death row inmate, one of Japan's longest and most famous
legal sagas working at the Meso processing plant back in
sixty s when the bodies of his boss's boss's wife
and the two kids were recovered from a fire at
their home. All four had been stabbed to death. He

(12:07):
initially denied it all, but later gave what he later
described as a coerced confession because they beat him and
they interrogated him up to twelve hours every day until
he folded. So in sixty eight he was sentenced to
death and that was the end of it until it wasn't.
So he was granted the retrial and released from prison
in twenty fourteen. And why am I telling you the
story now? Well, because overnight he's been awarded one point

(12:28):
four to five million dollars, which is the highest payout
for a person acquitted on death row, they claim in
the History of the World six twenty five.

Speaker 1 (12:36):
Trending Now Queen chemist Well House the home of big
brand fateamens.

Speaker 2 (12:41):
Now it looks like Ed Sheeran's back. He's been active
apparently on social media these past couple of days. Bit
of the tease something new was coming. Well this morning
the news is It's It's It's an album and a
clip of the first single.

Speaker 13 (12:55):
In their game Come and Play.

Speaker 2 (13:14):
The album is called a Ziem or r z zim
sorry z zim, which is Persian for my Love. Singles
out Friday week, April four, Mark back down the album
that'll be his tenth studio if it doesn't have a
release date as yet.

Speaker 11 (13:27):
I'm a bit disappointed with the title.

Speaker 14 (13:30):
Why well, because you know how he started out doing
plus and minus and divide and he ran out of
how could you have run out.

Speaker 2 (13:37):
Of mathematical terms or ran out of things? So he's
gone Persian. SAP, by the way, is now the Europe's
most valuable company, taken overnight from Novo Nordisk the German market,
which I'm sure you're not following, but nevertheless, it's going
gangbusteres at the moment, which is sort of ironic given
what's going on in the world, and it's got a
lot to do with defense stock and stuff like that.
But anyway, SAP turns out to be worth four hundred

(13:58):
and forty two billion dollars on last year, so that's
a nice increase in valuation. Meantime, Tesla the FBI, and
this is interesting, the FBI has opened a well they're
calling it domestic terrorism. So all these people that opened
a special task force for all the people are wandering
around burning charges and burning Tesla's they think it's domestic terrorism,
which it probably is actually, but there's been at least

(14:20):
eighty reported cases of vandalism, which is way less than
I thought. When you listen to the headlines, you think
every tesla in America's burning, but it's not. There've been
eighty cases of vandalism rassen in America and Canada since
the whole thing began, So you'd think.

Speaker 14 (14:35):
That that's significantly less than how many teslas just catch
on fire by themselves in the first place or fall apart.

Speaker 2 (14:41):
Did they that truck that was here this week? Did
they pick up all the bits when it was it
one of the mals? Did they pick up all the
bits that fell off it before they moved it on
somewhere else? I bet you if you work at Tesla,
you hate me by now a. I mean, if you've
been listening to specifically, you must hate my guts.

Speaker 11 (14:56):
You're like a domestic terrorists very much.

Speaker 2 (14:58):
They news for you. Next news to zb.

Speaker 1 (15:01):
Setting the agenda and talking the big issues. The mic
costing Breakfast with Bailey's real estate altogether better across residential,
commercial and rural news.

Speaker 2 (15:12):
Togs headb Mikey Rose tinted glasses aren't fooling me. The
austerity measures of strangling the economy under labor, more money
would be circulating and economy on track. Really, I'm sorry
that your economic knowledge doesn't extend beyond year six or seven.
And if I got a country for you, it's called Australia.
If you look at last night's budget, they have deficits
literally for as far as the eye can see. They

(15:32):
seem to have given up on the idea of paying
their way. So with less than no money, last night
they handed out some student loan forgiveness in a very
bad esque sort of way. They gave you a tax cut,
they made the doctor cheaper, they'll pay your power bill,
and so it went. You'd almost think there's an election
coming up. So maybe there for you. Twenty three minutes

(15:53):
away from seven we times cock up in Washington, but
you really couldn't write, and if you did, that would
be fun to see that. Nevertheless, it did happen. Richard
Arnold with more on NAT shortly meantime, back here, we've
got gangs. The gangs are back in Gusban. Last week
there were eight firearm and assault related incidents. A gang
conflict warrant has been issued. Now the Deputy Commissioner Tonya
Kurras with us on this time. Your morning to you,

(16:14):
good morning, how are you mane very well? Thank you.

Speaker 13 (16:16):
What are the.

Speaker 2 (16:16):
Specifics of a gang conflict warrant? What happens when you
get one of those.

Speaker 3 (16:22):
A range of powers for us, but it's quite disruptive,
and basically what we aimed for is destruction and suppression
of activity. That gives us the ability to stop and
search gang members and vehicles at any time. Quite invasive
because it's our choice and in our time. On this
particular warrant, we've got ability to go into vehicles, which

(16:44):
we've found works quite well, seem to signal really early
two gang members and our community doesn't matter what you're doing,
We're going to intervene. We can on occasion get ability
to go into people's homes, which also that's quite invasive
as well. On this particular occasion, we're dealing with vehicles

(17:05):
for the moment. Has made a bit of a difference.
We've seen We've had invoked the search power five times
in the last twenty four hours. Sees the pure offensive weapons,
that's things like you know, Batten's knives, that type of stuff,
and had one arrest for someone who was wearing for

(17:25):
the game patchman stuff, so somebody wearing some gang of galia.

Speaker 2 (17:30):
So this stuff you've done so far, is it enough
or you're going to need to do more?

Speaker 15 (17:36):
Well.

Speaker 3 (17:36):
Investigations ongoing because ultimately, you know, we want somebody locked up,
We want somebody dealt with for the behavior itself. The
other thing that we're really thoughtful about is, you know,
the gang the gun environment. You know, actually where did
those firearms come from? You know, how did they get
You know, there's a sense to be a continuous supply

(17:58):
that you know, an interestingly for me is like looking
at Gisbon. You know, this is an ant goes you know,
month on months. We have this type of behavior between gangs.
An ability to resolve is you know that you use
firearms to resolve conflict. Some of it can be really
low level too, for stuff you go that is mental

(18:18):
that we're doing that, and I kind of I look
at that and go, you know, this goes on and
on and those you know, those communities and Gusy are
so resilient and they they just kind of they look
at their gang members and go, oh my god, here
we go again.

Speaker 2 (18:35):
Exactly. I'm so I'm as sick of it as clearly
as clearly you are. The new powers and rules that
you have at your disposal. Do you get the sense
that they're working, because I'm just a bit depressed that
the gangs are back in the news. That's all.

Speaker 5 (18:49):
Yeah.

Speaker 3 (18:49):
I actually I think we'd all be probably pleasantly surprised
that the gang patch Bean has been really good. It's
kind of it's made that presence and a bit of
control come back into the situation. I think that's you know,
when I talk to our staff, that's probably gone better
than we thought. But we don't want to rest on
our laurels either because it just drives a different type

(19:10):
of behavior. So I think that actually there has been
some success around that, but it's a long burn, like
we need to keep on. It doesn't mean that their
games have stopped behaving badly, no, you know, it means
that the public can feel that much better. So I
think it does. It has made a difference, and for

(19:31):
our staff it's also it's a really good thing. Then
get the confidence to deal with things front for it.
That's really good too.

Speaker 2 (19:40):
Good stuff, ton You're nice to talk to you and
go well with the good work. Tony Kurra, who's the
Deputy Police commissioner.

Speaker 15 (19:44):
Is it just me?

Speaker 2 (19:45):
I like her and she seemed a very likable sort
of woman. Nineteen minutes away from seven s the news
this morning on the housing I don't have time to
give you the full numbers this morning, but just know
that it's very very affordable. Perception of course's reality to
buy a house the moment has become increasingly affordable, and
so don't fixate on the price. What's driving it and

(20:05):
I'll crunch you through the numbers around the region. What's
driving it is we're earning more money and the cost
of borrowing money is going down. So when you get
those two factors together, things look pretty promising. So more
shortly eighteen to two.

Speaker 1 (20:17):
The Mike Hosking Breakfast Full Show podcast on iHeartRadio, powered
by News Talks AP.

Speaker 2 (20:24):
Now, if your second home as your garage, you know
when you're surrounded by your tools and you apply which
you will be impressed by the recent resident led projects
completed at r veda living well community. So the resident
Workshop Club this is our Vida Lawston Park is in Cambridge.
They've repurposed and installed a kitchen in their workroom. Sheed
and while the residents from the workshop group at Arvida
Mayfair which is in Auckland. They've successfully reuse kitchen and

(20:45):
bathroom cupboards for their own tool storage which it looks
as good as new. So these projects keep handy residents
busy by putting their well honed skills to you. So
this is the brilliance of our Veda, and residents regularly
say that aar Vida workshops, those craft rooms, the community centers,
they've got friendly and social environments, super easy to make friends.
So whether you're a handyman or a handywoman, you will
find plenty of opportunities to live life the way you

(21:07):
want with those projects amongst like minded people. Now to
find your nearest Avida Living Well community and book a
tour and you want, you might want to do more
than one. R VDA dot co dot in z is
where you're heading Arvi. I d a r VDA dot
co dot m Z asking Tony Kurra, Mike spoke so well,
straight up on us view from a clearly very capable officer.
Great to hear if I was Minister of Police, Mike Mitchell,

(21:28):
as with us after it. I'll be listening to that
thinking man. We got a good police force in this country, Mike.
Police are doing their jobs cracking down on the gangs.
It's the courts and the judges letting the offenders straight
back out into the community. That's the old argument, isn't it.

Speaker 16 (21:40):
Fourteen to two International correspondence with Enzen Eye Insurance Peace
of Mind for New Zealand business side.

Speaker 2 (21:46):
Richard Arnold, Very good morning, Hey Mike, so standing behind Waltz.
But what a mess?

Speaker 17 (21:53):
Yeah, I'm here to say the same word a story.
The Trump team really is scrambling try and tramp down
the scandal over the use of thismmercial app called Signal
Chat to share details of their plans to attack the
hooties in Yemen the other day, back in the middle
of March. This was the group chat involving the Defense
Secretary here, the head of the CIA, the National Security Advisor,
the Vice President, the president's chief of staff, the Secretary

(22:16):
of State, the Director of National Intelligence, and also someone.

Speaker 2 (22:19):
Identified as JG. Well, who the heck is JG?

Speaker 17 (22:22):
They might have asked, but they did not, and it
turned out to be a top reporter, journalist, the boss
of the Atlantic magazine, Jeffrey Goldberg. You know, the US
National Security team has systems for these discussions, for war planning.
They have classified communications, They have security shifts where skips
where the phones are surrendered, and they go into these
top security areas which are protected from international spying. Jeffrey

(22:45):
Goldberg says he thought he was being hoaxed when messages
started through with details of the pending attack on Yemen.
He says when the final details were added by Defense
Secretary Pete Hegseth, he was sitting in his car outside
of the grocery store and coming to the recognition that hey,
this was real.

Speaker 2 (23:03):
It was not a scam.

Speaker 17 (23:04):
Some are saying this could be a violation of the
Espionage Act. What went on with this chat? When Trump
was asked about it, he did the usual attacking the
media and the Atlantic journal.

Speaker 18 (23:15):
I don't know anything about I'm not a big fan
of the Atlantic. It's to me it's a magazine that's
going out of business.

Speaker 17 (23:20):
Ah. Yeah, that's what he often says about what NBCCBSABC,
New York Times and on and on.

Speaker 7 (23:25):
Well.

Speaker 17 (23:25):
Other White House confirms that a blunder was made in
letting Goldberg into the chat, but they assert that this
was case where it was no big deal. Defense Secretary.
Hegeseth also is slamming the reporter, saying this, you're.

Speaker 11 (23:41):
Talking about a.

Speaker 19 (23:43):
Deceitful and highly discredited so called journalists who's made a
profession of pedaling hoax his time and time again post.

Speaker 14 (23:52):
Details shared on signal And how did you learn that
a journalists was privy to the targets, the types of
weapons used.

Speaker 19 (23:59):
Every time I've heard it was characterized nobody was texting
war plans and that's all I have to say about that.

Speaker 2 (24:06):
Well, Goldberg has a bit more to say about some
of that.

Speaker 17 (24:09):
Here's his response.

Speaker 5 (24:10):
That's a lie.

Speaker 20 (24:11):
He was texting war plans, He was texting attack plans,
when targets were going to be targeted, how they were
going to be targeted, Who was at the targets when
the next sequence of attacks were happening.

Speaker 2 (24:25):
Sounds like a lot of detail.

Speaker 17 (24:26):
It was Goldberg who withdrew from the chat and refuse
senators closed some of those details for security reasons. So
who was it who was operating with concern for this
country's national security? At a previously scheduled Senate hearing on
Capitol Hill a short time ago, the CIA chief John Retcliffe,
our National Intelligence Director Telsey Gabbard both denied any classified
information was shared in the chat. Well, Senator Michael Bennett says,

(24:52):
China can easily tap into these phones. Senator Mike Warner said,
release the transcript if there's nothing classified there. He said,
we'll find out what went on here, And Senator Bennett
went on to say, you know, one of the people
on the chat actually was right in Moscow for this
whole dang thing, says the senator, did you know.

Speaker 18 (25:12):
That the President's Middle East advisor was in Moscow.

Speaker 2 (25:19):
On this thread while you were, as director of.

Speaker 13 (25:23):
The CIA participating in this in this thread?

Speaker 1 (25:27):
Were you aware of that?

Speaker 5 (25:29):
Are you?

Speaker 1 (25:29):
Are you aware of that today?

Speaker 3 (25:31):
I'm not aware of that.

Speaker 18 (25:32):
This swoppiness, this incompetence, this disrespect.

Speaker 17 (25:36):
It's just an embarrassment. He says, Well, if the CIA
didn't know about it, Mike, I sure did. Trump's envoyd
to putin, Steve Witcoff was in Russia and that was
all over the news here this morning, even if the
CIA boss didn't hear of it on the news meantime,
how do they talk in their chats? Well, Jade Van
Steviep says at first that he's not sure about the
Yemen tacks saying quote, I just hate bailing out the

(25:58):
Europeans again. Defense Secretary heggs It replies, quote, I fully
share your loathing of European free loading. It's prothetic gun quote.
So now we know what the Trump team calls the
European friends.

Speaker 2 (26:09):
Fine Banks Friday, Richard Arnold State Side by the Way
Deutsche Banks survey, the Consumer Confidence Read, was out this
morning on the American economy. Consumer confidence is at a
twelve year low now sixty five point two, and the
Deutsche Bank survey has come in with a suggestion that
it's getting close to a fifty to fifty call on
whether America hits recession.

Speaker 1 (26:30):
Night Away from seven, the Mic Hosking Breakfast with the
Range rover Villa news talks.

Speaker 2 (26:35):
Had been by housing affordability Mass University. It's improved nine
point three percent between August and November of last year.
Only Northland and Southlands about it has gone the wrong direction.
Canterbury largest income increases I mentioned before, it's the interest
rates going down, it's the incomes going up year on year.
Affordability is up nineteen percent. Now you can't argue with that.

(26:55):
The West Coast Marlborough, Wellington Waycato, Canterbury all improvements in
affordability over over twenty percent. And they think there's more
where that came from because the interest rates are still
going to get cut, a couple more cuts to come,
and they're expecting further improvements in terms of wages in
this country. Least affordable region in the country at the
moment is Tasman one hundred and twenty three percent, Auckland

(27:16):
at one twenty, in Bay of Plenty at one thirteen,
whereas the West Coast is the lowest. A really very
good article about the West Coast the other day, so
they said the weather, the weather is better than you think.
Mind you, that was a person who moved there and
they went, I thought it was going to rain in
a lot of sand flies, but apparently there aren't as
many san flies and it doesn't rain as much as
you think. But the cost of housing, there's plenty of
jobs of the West Coast at fifty five percent. It's Boomtown,

(27:37):
five minutes away from seven.

Speaker 1 (27:39):
The in and the ouse. It's the fizz with business
fiber take your business productivity to the next level.

Speaker 2 (27:46):
So what I'm saying is now might be a bit
of a sweet spot in the old housing market. Torpedo seven,
now there's a story. They're in need of a turn
around and lives the aplan, all my word, there's a plan.
So Torpedo seven was sold by the warehouse for a dollar.
It bought it four fifty two. He bought it and
then spent fifty two million honor and that didn't work.
So they had to flick it and they in flecked
it to who are partners?

Speaker 1 (28:07):
Now?

Speaker 2 (28:07):
To who are partners? They own Burger King here and
Starbucks and Popeyes and Hanners and Number one shoes. So
that's a diverse portfolio, isn't it Cheap shoes and Hamburgers. Anyway,
what are they going to do with it? Well, they're
permanently going to close a couple of shops, I'm afraid
to tell you one and wrote a real one in
Westgate which is Norkumanbe. They're going to convert ten of
the remaining sixteen into a new offering what they're calling
the outlet. So what's the outlet? Well, the outlet they

(28:29):
claim will offer great value and everyday discounts and a
diverse mix of products including apparel, footwear, outdoor gear and
other categories. Now the other categories, they're a mystery. So
that makes it so much more exciting, isn't it? As
you wait for this turnaround to unfold, the remaining six
outlets are going to remain flagship. Torpedo sevens now not

(28:51):
making fun of Torpedo sevens because we bought some weights
from Torpedo sevens the other day. So Torpedo seven do weights.
And if you think ordering weights is easy, it's not
easy because they weigh a lot. They delivered to twelve
kilos the other day, twenty four kilos, just in a
little size. And here's the thing about it. The twelve

(29:12):
kilo weights were smaller than the eight kilo waits and
the eight kilo waits. I thought eight kilos, I can
handle that. So I picked up sixteen kilos and I thought, oh,
I think it wasn't that hard at all. But then
these little bit of twelve kilos could barely shift them
twenty four kilos.

Speaker 11 (29:27):
Anyway, that might amazing as well.

Speaker 2 (29:29):
It is incredible. And the is that that gravity listen.
It is the gravity listen, isn't or mad Waits or something.
It all came from Torpedo seven so we played our
small bit in helping them out by buying some weights
and eates and some twelves. Anyway, I'm going to talk
about the stadium for in a couple of moments.

Speaker 21 (29:50):
That's after the news, the Breakfast Show, Kiwi's Trust to
Stay in the Know, the Mike Husking Breakfast with al Vida,
Retirement Commune, Life Your Way News Dogs had been.

Speaker 2 (30:02):
Twenty seven past seven. So we've got yet another debate
over a so called national stadium in Auckland, and like
the other ones, this one has now ground to a
bit of a whole. There's a report tells us that
Eden Park's redevelopment and the downtown Key Park project are
both unfeasible without public money. So counselors are going to
meet tomorrowy Yaxham Moore about it. The chief executive of
the two thousand and eleven Rugby World Cup, Martin Snedden's
with There's Martin Morning, Biddy, Michael, good to talk to you.

(30:26):
It's embarrassing because I was talking to you in twenty
eleven about this very thing and we're still talking about
it now. I mean, is just tell you everything you
need to know about what's wrong? With this country.

Speaker 15 (30:35):
Yeah.

Speaker 22 (30:35):
Yeah, we're not good on this one at all. And
it's it's really frustrating because the longer it goes on,
the more it just gets bogged down and positions that
just don't come together.

Speaker 2 (30:47):
Do you have a plan? I mean, first of all,
two part question, do we need a national stadium? And
two if we do, who should run it and own
it and sort it and make a decision once and
for all.

Speaker 22 (30:55):
So I'll just declare I'm hopelessly conflicted here. Great great
father was one of five blocks that mortgaged their houses
and purchased the land and sandring and turned it into
a cricket ground, put it into a trust, invited rugby
in and you know, said my family me. We've had
such a huge involvement with the ground. So I love it.
I love Eden Park. I love the big events there.

(31:17):
I think they do the big events really well. I
mean people in this whole debate seem to forget that
the Rugby World Cup, you know, eleven games basically sixty
thousand people again, Cricket World Cup two fifteen, the fief
of Women's World Cup you know last year could play
playing there fifty thousand people three nights in a row.
It can handle the really big events, the national stadium events.

(31:42):
I'm a resident around Eden Park that's sorted all the
rubbish out around there. They do a great job with
the residence. So the problem might is not the big stuff.
The problem is the small stuff and playing, you know,
a whole bunch of small stuff in a stadium that's
just not built for small stuff. Creckitt made a big

(32:03):
decision a number of years ago to shift test cricket
out of the big stadium, put it in the boutique
grounds like Hagley and Bay Oval, and it's worked brilliantly.
But if we continue to put small events into big
stadium and this will be the same. Even if they
build a brand new stadium down in the waterfront area,
if they're getting five thousand people to those games that

(32:26):
are played there, they're going to have the same problem.
So we've needed for a long time right size stadia
to fit right size events, and we missed an enormous
opportunity with Western Springs about seven or eight years ago,
where cricket could have really easily transferred there. Got out

(32:48):
of the way of everything at Rugby Looker.

Speaker 2 (32:51):
Following the rest of the country. Though, by the time
you've got Eden Park and you've got Mount Smart Stadium,
you've got Albany Stadium, don't we have enough stuff?

Speaker 22 (32:59):
I mean we're we shouldn't even have that amount. I
mean it's time people really got collaborative. And I know,
you know, you may not agree with me here, but
the Warriors Auckland f C. They should be incorporated into
the program and eaten part so that you know that
venue is this is what's happened, you know places around

(33:21):
the world, is the multi use of one venue. Look
at what happened at Eaton Park over the weekend. We're
on Friday they had white fans and black Caps Internationals
played their Saturday it was a Crusaders and the Blues,
and Monday it was the All Whites qualifying for.

Speaker 5 (33:35):
The World Cup.

Speaker 22 (33:36):
That's the right use of the stadia and that's what
we need to move towards. We don't need to keep
propping up other stadia that are just not for purpose.
Let's just concentrate it all into what we've got now.
The real problem here of courses now is quite obviously
public money is needed, all right, Well, Ukham's house has

(33:57):
got no money and it's not putting anything to this
and therefore the whole process that we're going through at
the moment was probably doomed right from the start. The
government's in such a difficult situation with a whole raft
of things, since people and Dunedin are being on quite
rightly about a hospital, so you've got to prioritize a
hospital ahead of the Stadia. So they haven't known any money.

(34:21):
So where are we going to go?

Speaker 2 (34:23):
Very good question, Martin, These are all good questions. You
sound like a sensible, intelligent man who should be running
more things than you currently are. Martin snedden Is as
eleven minutes past seven Paska and yet Brisbane yesterday one
hundred days they took to have a review and after
one hundred days they announced day sixty three thousand seat
stadium for the Olympic Games at a cost of three
point seven eighty five billion dollars, which will be the

(34:44):
home of the Brisbane Lines, the Brisbane Heat, the Brisbane
Balls and also have the ability to hope our host
AFL as well as Test cricket. So that's why Australia
is Australia and we aren't right. As various parts of
the economy sparked to life the old employment side of
the equation. As we mentioned with Andrew earlier, U still
to feel upbeat. Confidence levels at their lowest levels since
September of twenty twenty. It all comes from the west

(35:05):
Pac mcderm at Miller survey show's job availability remains soft,
but it's not all bad. EMA's head of Advocacy, Finance
and Strategy, Allan McDonald back with us Ellen Morning, Morning, Mine.
So I read in the report that it's going to peak.
They think at five unemployment this is peak at five
point three percent. We're almost there. So can I say
the worst is almost behind us? Are about to be,

(35:26):
I hope.

Speaker 23 (35:26):
So we're a little surprised in February where the inquiries
to our advice line around redundancies and restructures actually pop
back up to new record levels. Now we're kind of
hopeful that just that December January period where people have
gone away and had a good look at things and
made the tough calls, but some of the numbers heading
in the right direction. But a lot of our members

(35:48):
again have just been out on the road still doing
it really hard. So just that lack of confidence still
in actually hiring and expanding and all those good things
that we need to get going.

Speaker 2 (35:57):
And are they literally doing it hard or are they
just telling you they're doing it hard, because I always
worry about surveys that talk about perception.

Speaker 23 (36:04):
No, I think they are literally doing it hard. I
was about sixty more than sixteen percent of firms actually
debre started in the last year, and that's always a
tough decision. Some sectors are popping up quite well. You know,
our exports sector, particularly around the primary industry, is doing
pretty well, and some of our smart tech innovators are

(36:25):
getting strong orders. But other other areas, the usual suspects,
you know, tourism, hospo, construction still a bit flat. Manufacturing
has had a really rough patch as well. Finally on
the turn, but their higher expectations and maybe later in
the year rather than sooner.

Speaker 2 (36:40):
Yeah, man, manufacturers back in positive. Services is back in
the negative. Do you see this broad sense that by
the end of the year we're going to be okay ish.

Speaker 23 (36:50):
That's what the indicators are telling us, and that's what
some of the confidence surveys are telling us as well.
They're saying, look not so good now, but maybe six
to twelve months. I think you've got a huge, huge
proportion of mortgages coming off short term fixed terms in
the next six to twelve months. When that money starts
to flow into pockets, because consumer confidence is all over
the place as well, When that money starts to flow

(37:11):
into pockets, I think that's when you'll see some real
confidence movement in those some of those numbers, and finally
turn the corner. But it's a it's a super tanker turn,
it's not a jet boat turn.

Speaker 2 (37:22):
Good stuff all right, must catch up with the Allen
Allen McDonald em ahead a bit because he financed strategy
on that broad subject of big picture and rimas and
the reform and the announcement from the government this week,
there is a suggestion that we might be able to
get a little bit of cooperation from the Labor Party
for the big picture stuff going forward. So Chris Hopkins
with us after seven thirty quarter past seven already.

Speaker 1 (37:44):
The High Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 3 (37:49):
A b.

Speaker 2 (37:51):
Seventeen past seven. For a Labor government, it's about as
blatant as far as I could work out as you
could get. Despite the fact Australia running massive deficits. This
is the budget last night. They handed out tax for everybody.
There's medical Medicare funding, make a cheapi, go to the doctor.
They're going to pay a chunk of your power bill
going to player, slice off your student loan if you've
got one. It's almost as though there's know an election
coming up. HSBC Chief Economist Paul Bloxham's with us. Paul,

(38:13):
good morning to you.

Speaker 4 (38:15):
Good morning, So.

Speaker 2 (38:15):
More money as opposed to politics. But there's this idea
that they're going to run deficits forever in a country
that once ran surpluses. Are they sort of given up?

Speaker 4 (38:24):
There wasn't very much in the budget for trying to
deal with this particular challenge and that was actually the
main thing we highlighted when we looked at it and
when we thought about it. You know, the Australia is
running budget deficits, as you say, over the rest of
the forecast horizon. They're what you call a structural budget deficit.
So really what that means is the government is saying,
for all of the commitments we've got in terms of

(38:45):
spending over the forecast horizon, we're not going to get
enough tax revenue to meet those spending commitments, and that's
going to be the state of affairs overcoming overcoming years.
And they haven't really delivered any solutions for fixing that
structural budget deficit.

Speaker 2 (39:01):
But they're bringing in more than they've ever brought in
six hundred and sixty three billion dollars from tax and
yet they still can't make ends meet.

Speaker 4 (39:09):
That's right, there is more tax revenue coming through. There
was an upside surprise actually again in these numbers. So
this is the fourth year where there's been an upside
surprise in fact that sort of the three previous budgets
delivered really substantial upside surprises to revenue. A lot of
it's been funneled back into commitments to spend. I think
underpinning the numbers also, there's an assumption that productivity picks

(39:32):
up in the economy that's quite strong, and there's an
assumption that there is actually still quite a bit of
trimming going on in some of the bigger items like
the National Disability Insurance game. So there's a lot of
there's questions as to whether even the numbers that are
presented are actually necessarily going to get even the structural
budget deficit that's there. So you know, the way you
fix this problem, You've got three things. You can only

(39:54):
do it three ways. You either find ways to trim
back on spending, you find ways to get more revenue,
but the tax revenue is actually forecast to rise anyway.
Or the third one, which is very very much you
know what ought to happen. You try to boost the
economy's growth. If you can boost growth in the economy,
that's the best way to do this, absolutely hands down.
But to get that to happen, you've got to take

(40:17):
action on reform that gets productivity to list. And this
is the big this is the big, fundamental underlying challenge
Australia faces that productivity is very poor. It's been going backwards,
not forwards. It's been falling over the past year. It's
been to the same level right now that it was
in twenty sixteen. We haven't had any productivity growth in
eight years in Australia and there's very little there's you know,
the budget is very focused on spending measures as you describe.

(40:39):
As we head towards an election before the seventeenth of May.

Speaker 2 (40:42):
Great and so Paul appreciate it very much. Pull blocks
them out of HSB. See the forecast for growth has
gone from one point five to two point twenty five.
So there's a question mark as to whether that's believable
or not. But as I've said on this program for many,
many years, not that I suspect the many voters really
care about it. But if you think Australia is great,
it's not. There's a lot wrong with the US Australia.
And if you look at the documentation and the budget
last night, it's all laid out there, but they'll pretend

(41:05):
that it's all good and the fantastic. And as long
as you're getting a little bit of something in your
back pocket, what do you care? Anyway? More from Steve
Price later on seven.

Speaker 1 (41:13):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio Power
It by News Talks AB.

Speaker 2 (41:21):
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(42:03):
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Speaker 7 (42:18):
Now.

Speaker 2 (42:18):
Lindsay McKenzie is still busy at work. Now you have
forgotten his name because, like so much news these days,
it's hot stuff until it isn't. Lindsay's the bloke there
was appointed to watch over Wellington Council because of their dysfunction.
He's just written his second report, his first report seems
sort of sympathetic to my eye anyway. Ah, Yes, they
were a mess, but they were decent sort of people,
that sort of thing. His second report seems to suggest

(42:41):
not a lot is getting better. Some counselors have continued,
he writes, their criticism of each other, and officers are
suspected of leaking information. He also says the community is
that it's wits end his words, not mine, wits end
over infrastructure, although most of that comes from the same complainers.
He also noted since his first report, there's been several

(43:02):
incidences that have given rise to concerns about the organization's
ability to function. Now the question I have has given
the place is still to be found wanting what next.
So you might remember the Minister at the time, simming
In Brown, put this bloke in as the least and
trusive option as opposed to a full commissioner or set
of commissioners. So far, so bad. So is he going

(43:23):
to do anything about any of this? Or is poor
old Lindsay set to write reports for the rest of
his life. In the report, though I found a nugget
of gold, he recommends a review of the Local Government
Act in relation to the qualification for and capability to
hold office. Yes, yes, yes, yes, please, Let's actually treat
these jobs as jobs, as opposed to devils or fascinations

(43:46):
or fiftoms. Let's actually require people to God forbid, have
some skills. Now, the idea you can just put your
name for it for a job of such responsibility is absurd,
beyond belief, of course. And when any idiot can have
a crack, guess what you get, Wellington is what you get.
So let's get a bit of professionalism and then let's
put a bit of hift behind the job. Let's get

(44:06):
some talent in the room. If that recommendation has acted
on and I have no doubt it won't be because
why would you fix anything when you get ignore it.
But if that was run with Lindsey would deserve, if
not a knighthood, certainly keys to a vastly better run city.
Pasking common sense conversation with eden Park no money, so
use what we have, sensibly, thank you. Denise Martin sneedan
Can we just put him in charge? He's likable guy,

(44:27):
isn't he? Elmton Morning Read the stadium. Don't build another
stadium in Auckland. Use the North Harbor Stadium instead. Don't
we already own that white elephant? Yep, yep, yep, yep, yep, yep, yep.
Are you sick of talking about it?

Speaker 5 (44:39):
Yep?

Speaker 2 (44:40):
Have we talked about it too long?

Speaker 5 (44:41):
Yep.

Speaker 2 (44:42):
Bob Geldoff is in the studio tomorrow, which is exciting
because I haven't seen Bob for twenty years. I just
worked out it was twenty years ago that he last
came to the country, or at least last time he
was here and I ran into him. But he was
here for a show with Malcolm McLaren and we spent
a good fun day together and Greg Johnson was on
the piano, probably tells him story. He won't remember any
of this. I'm going to do this tomorrow and go
remember last time I saw your Bob, and he'll go none. Anyway.

(45:04):
He's easier for I'll tell you what he's here for
tomorrow anyway, when he joins us in the studio after
eight o'clock meantime cooperation around the Resource Management Act. Let
us go on from National to Labor and the Greens.
Can we get this together, bang a few heads and
get some cooperation? Is it possible? We'll ask the Chipster Next.

Speaker 1 (45:23):
It's your source of freaking news, challenging opinion and honored facts.
The Mike Hosking Breakfast with the range Rover Villa designed
to intrigue and use, Tom sed b mad.

Speaker 2 (45:34):
Michell, Ginny Anderson are through a politics Wednesday, have coursed
twenty three minutes away from it, speaking to which the
government is having a crack at cross party support for
their RIMA reform. They're inviting the Labor Party and the
Greens to the table to try and build sort of
consensus around these new laws. So what chance did this happen?
Labor Party leader Crusipkins with us morning.

Speaker 11 (45:52):
Good morning, Mike.

Speaker 10 (45:53):
I'm glad you found my number again.

Speaker 2 (45:55):
And no, we never lost your number, Chris just didn't
want to ring it. You know how it goes now?

Speaker 10 (46:00):
A brutal business, Mike.

Speaker 2 (46:02):
It's a tough business, Chris. On a scale of one
to ten when we talk about this cooperation business, on
a scale of one to ten ten. You can't wait
to get into bed with these people and sort out
the RMA one. You hate them and you're never going
to touch them with a barge pole. Where are you at?

Speaker 22 (46:14):
Oh?

Speaker 10 (46:14):
I think we're keen to try and achieve some certainty
for New Zealanders. So if we can work with them
find a way forward that involves a bit of compromise
and that will actually give some certainty to RMA reform,
then we're very keen to talk to them.

Speaker 15 (46:27):
You know.

Speaker 10 (46:28):
I think one of the things that we've heard a
lot in the last year or so from New Zealanders is,
you know, the ping pong where each government comes in
and just changes everything the last government did is actually
getting a bit dizzy, and for people, compromise will be
required on both sides. If we're going to get something
that's a bit more stable and that avoids that, and
if we can try and achieve that over the next
year and a half or so, then we're open to

(46:48):
that conversation.

Speaker 2 (46:49):
Now. I was very pleased to hear you say that
the other day, and I thought, well, maybe we're onto something.
But then I asked Ginny Anderson on the program last
week about your charter schools, and she botched that completely.
And you're still canceling charter schools. But you so, on
one hand, you're saying we want to cooperate. On another hand,
we're not canceling stuff, and then you are well.

Speaker 10 (47:07):
There are I mean, you're never going to get complete
unanimity in politics, So there are going to be areas
where there's difference. But in areas like infrastructure and areas
like RIMA reform, where we've got really long lead times,
very long kind of tails to some of these things,
and very significant effects with the short term chop and
change cycle, we do want to try and provide a

(47:27):
bit more certainty. So if you take things like infrastructure,
for example, one government coming in and saying, ohously, I
don't like the roading projects that the last government have
signed up to, so we're going to put all them
on hold and we're going to come up with our
own list of roading projects. What happens in the meantime
is all the businesses who would build those roading projects
suddenly go all, what do we do with all the
workers who we've got leaning on shovels? And you know,
I just think that's got to stop. So what I

(47:49):
said was in areas like roading, for example, if there
are projects underway, even if they might not have been
our first choice, we'll keep doing them. Now the long
term pipeline might change so further down the track. Five
years down the TI you might find that the priorities
have changed and we're building different roads, but we won't
grind everything to a hold hold in the meantime.

Speaker 2 (48:06):
What about your comment about the treaty, So the treaty's
not in it? Do you is that like put it
in or else we're out.

Speaker 10 (48:13):
It's certainly something we want to talk to them about. So,
I mean, Chris Bishop made some soothing comments yesterday about
wanting to respect, you know, Mardi rights under the treaty,
wanting to make sure that treaty settlements were upheld and
all of that. We need to kind of see what
that looks like because saying that you want to do
that but then saying you don't want to put it
in the law a kind of contradictory thing. So we
need to understand exactly what the government are proposing there.

Speaker 2 (48:35):
I don't want to make it too political, but one
of the examples that's been tossed around in the last
couple of days sort of the Island Singapore thing where
they've got all the rules on basically one page. When
David Parker wanted to reform it and came up with
nine hundred plus pages, was that a bridge too far?

Speaker 10 (48:49):
I mean, I think you can't judge the quality of
legislation in an area like this by the length of it,
because in some cases, longer legislation that gives more clarity
is better than shorter legislation, which then means you get
a hold lot of regulations which can shop and change more.
So I don't think that we should set a page
limit to it, because sometimes you know, a longer legislation

(49:09):
actually is clearer than shorter legislation. So if you did
get it down to a page, for example, Mike, and
it was a page of principles, that'd be quite subjective potentially,
and then the courts end up having more sway in
it rather than Parliament. So you know, I think what
we want to try and do is find something that
gives New Zealanders some certainty so that they can say, Okay,
these are the rules, we know what they're going to be,
they're locked in, and we can move forward. And I

(49:32):
think that that actual but that does put an onus
on National in particular to say, yet, we'll come to
the table and we'll try and find a way forward
that labor and National can both live with. And it
might not be first preference for either of us. Who
will find a way forward. What Chris Bishop's leader effectively
said yesterday was that you know, New Zealand first and
Act will continue to have a veto on any decisions.
Now I think he is a fed up of that.

(49:54):
So I'm saying to them, look, if Labor and National
can get around the table, find a way forward. That
gives you majority in parliament, but it also means it's
an enduring majority if the government changes. I think New
Zealander would be quite keen on that.

Speaker 2 (50:06):
Would you concede? Though? The couple of examples I've got
exercised about it, like was this k road building by
Farenhey that was rejected for reasons that having read it,
I can't even begin to understand. And the wind farm
in Southland under your fast track rule, the wind farm
wasn't allowed, so renewable fast track still can't go ahead.
I mean, you can't defend that stuff, can you?

Speaker 15 (50:26):
No?

Speaker 10 (50:27):
I mean I was pretty frustrated by both of those decisions,
to be frank, you know, and you know the fast
Track was designed to try and speed up exactly that
kind of project and those kind of projects, when we
need more renewable energy in New Zealand and we need
a resource management process that allows us to get that.
I think if you take the case of the wind
farm for example, it kind of highlights where we need

(50:47):
a bit of a almost like an attitude shift towards
this stuff. From saying no, you can't do these things
for these reasons, to saying, look, these are the concerns
that we've got, and here's how you can mitigate those
concerns that you can go ahead and do it.

Speaker 17 (51:01):
Now.

Speaker 10 (51:01):
That's the kind of I think sort of attitude shift
that we need around resource management stuff. It's not that
there shouldn't be environmental protections, there should be. It's not
that there shouldn't be constraints. There should be, but the
way we approach them has to be. Wind farms are good.
We won't need them to happen in order for them
to happen in this area. These are the things you
need to do to mitigate the risks.

Speaker 2 (51:20):
Now, I'm nice to catch up with the Cross Sipkins
Labor Party leader. It's eighteen minutes away from eight Mike.
I wouldn't trust Chippy with a barge pole too much. Baggage. Sure,
that's my ongoing. That's why I can't wait for the
election to year next year, because it's going to be
a fascinating thing. And that's why traditionally governments get two
terms in this country, especially ones that got heved out
of power for very obvious and overt reasons around the economy.

(51:42):
Is that you haven't forgotten and the same people are there.
So unless I mean, if they'd materially changed that they'd gone,
look those policies for another time, another day, and we're
different now, or that jettisoned a whole lot of people
out and put a whole lot of new people, and
then you have a different conversation. But the same people
who shafted the economy are going to be presenting themselves

(52:03):
to you next year and going, hey, remember us, Mike,
Shorter legislations always better, Hipkins not convincing. All Chippy is
doing is appeasing potential swing voters. This rat will say
anything to get in power. Mike Chippy needs the Marry
Party to get back into government and they won't agree.
Weasel words. So didn't go too well. From seventeen too.

Speaker 1 (52:24):
Good The Mike Asking Breakfast Full Show Podcast on iHeartRadio
powered by News Talks.

Speaker 2 (52:30):
At be nicely summed up to actually Mike, which Chrissy
you interviewing on the rama literally copying Luckson's words, So
Luxon if you missed him on the program yesterday was
all about the no culture and Hipkins picked the up
and ram with it, which is both, which makes both
of them right now best piece of reading. I haven't
got to Duncan Webb. Duncan Webb's a Labor Party MP

(52:51):
and he's been on social media talking about supermarket and
this is where this thing's going to go wrong, because
poor old Barbara Edmonds was getting a pasting in the
house yes to day once again because she butchered the
pppiece public Private partnerships, and so they were sort of going, well,
we kind of like public private partnerships, but sometimes we don't,
and then when we do, they might not work, and
so it went on, and then she went on to

(53:13):
explain that she needed to explain it differently to different audiences,
so the whole thing became a complete cluster until she
eventually apologized for all the confusion. And that's before you
get to Ginny's performance on this program last week about
the charter school and whether or not they were going
to get canceled. And then you've got Duncan web who's
been on social media talking about a supermarket in his
local area, which is nearer I haven't to know. Well,

(53:33):
in christ Duty called Edgewhere because Manana used to live
in edge Where and I was just down the roads
and Aubans and you'd go up to the edge Where
area and wear these shops. And these days it's all
supermarkets and it's a big sort of built up area.
But anyway, they want to put a new supermarket in eachwhere.
But Duncan's busy on social media going well, no, I
don't support a new supermarket. Everyone's going, what we need
more supermarkets? Oh, I support a new supermarket, but we're

(53:55):
not having any public consultation because of this fast track business.
We need to have public consultation. And everyone goes, well,
the public consultation would be we want more supermarkets, dunk
and he goes, well, we don't know that until we
have the public consultation. Well, don't you support the supermarket,
dunk it. Oh, I support the supermarket, but we just
have the public consultation so you can see where these
people go so hopelessly wrong. It's all theory, no reality. Meantime,
back to the best piece of reading you will see today, please,

(54:18):
can I recommend Audrey Young's piece in the Herald this
morning where she talks to Winston Peters. Winston she was
setting up the interview, she explains later on, to talk
about Marco Rubio, but they got onto vastly more fascinating things,
and that would be Winston age. He's about to turn eighty.
Now I call it completely wrong. If you remember a
couple of years ago, I said he'd get to this
last election, then he'd call it quits, and he clearly

(54:41):
shows no signs of that whatsoever. So he's about to
turn eighty in April, and they get on to diet.
And if you're a regular on this program, you will
know nobody is more fixated with diet and food and
health and exercise and all that sort of stuff than
I am. But turns out Winston's reasonably interested as well.
He claims in this article this morning that back in
nineteen eighty he made a decision June five, nineteen eighty,

(55:04):
that he was all about the diet. Now then he
makes this comment and never a truer word is said.
This drive he talks of to fix up the health
system doesn't count for much, especially with Marian Polynesians, if
they're not going to have a decent diet. Diet is
not wealth. Diet is the right food. I think diet

(55:24):
is absolutely critical, and I'm glad somebody's saying that because
no one else will, because of course you'll be called
a racist. But it's true. And the problem for so
much of what's going wrong with the Western world and
the health systems generally is that people are fat, and
if they're not fat, they're obese. And if they're not
fat and or obese, they're not exercising, and they're not healthy.

(55:47):
And you wonder why everyone's at the bottom of the
cliff and the health system. He puts it all down
his health because he's living way past the average age
of Mara man, of course, which is about seventy three,
and he's, as I say, turning eighty living frugally. I
don't know how true that eating a lot of homegrown
vegetables and fish and home baked bread. This is how
we grew up. I think diet is absolutely critical, and
the reality is I don't think we can win this

(56:09):
battle in terms of the health system in this country.
Maori health changes unless there is a massive dietary change.
And that's the problem. If you look at all the
people on dialysis, you know, how did they get there.
They didn't get there by accident, and nobody wants to
say it. It's no mistake that so many people live
a long time who actually keep working, keep their minds busy,

(56:32):
keep actively engaged. It's the secret to success. The moment
you give up in terms of working, I think it's
a very bad outcome. So what you're saying is you
eat well, you work well, you have purpose. And if
you look at some of the ancient cultures, they're all
about purpose. It doesn't matter what your purpose is. But
if you have a purpose, it gets you out of
bed in the morning. And the moment all these all
this advertising you hear about all you can't wait to

(56:53):
do nothing. Doing nothing's a death sentence. And you mix
that with a bad diet and you're finished. And so
of all the that Winston Peters will say to you
this year, that probably is the most profound and most important.
The only question I would raise around Winston is if
you've ever been to the Green Parent Wellington. I just
don't know how much vegetable, how many vegetables were being eaten.

(57:17):
And he, as far as I know, I think he
gave up smoking. I may be wrong, and I think
he could still be a smoker. And he's certainly been
well acquainted over the years with a drink. So when
you're talking about fish on one hand and drinking and
smoking on the other, you sort of negate the way
of your argument. But nevertheless, good on him for saying
what he said. He's one hundred percent right, and you

(57:38):
can read it all. An Audrey's piece this morning, ate
away from.

Speaker 1 (57:40):
It the make Cosking Breakfast with Bailey's real Estate Newstalg Sibi.

Speaker 2 (57:46):
Winston isn't a great fan of cakes either. No, that
comes out in the article this morning as well. He's
asking somebody in the office when it was the last
time they had dessert. They reckonly has dessert a couple
of times a month, which I would have thought makes
them a fairly regular deserter. Right about diet, But the
truth has medical schools teach next to nothing about nutrition.
I know that to be true. You're a thousand percent
right right. Nurses here Mike, the godfather of modern medicine.

(58:08):
Hippocrates said, let food be thy medicine and medicine be
thy food. Diet one hundred percent correct. Check out Zoonia
dot com never heard of it. Excellent series on gut
brain connection and tell you what, gut health. The work
that's being done on gut, the connection to gut and
everything is extraordinary and there's revelations almost on a daily

(58:28):
basis about all of that. Mike, My mum's ninety five
this year. Couple of glasses of wine a day definitely
keeps her vibrant. Why wouldn't you now? I mentioned Duncan
in his supermarket Fascination Edge, where here is Duncan.

Speaker 11 (58:41):
In each where Today I'm Duncan.

Speaker 2 (58:43):
We'd you like we'd free Cura.

Speaker 13 (58:44):
I'm pulling Krotta and you're like all dand slut.

Speaker 18 (58:47):
And we're here because Will Wors is planning a big
bi supermarther over on the Dress Street and.

Speaker 12 (58:52):
We're standing here today and the heart at the edge
were villain and we want you to be in primmed
about this development.

Speaker 13 (58:57):
And because it's on fast tray, or it could be
on fast tree, might not be able to have your
say so cheap an eye out in the comments and
elsewhere to see if this is done to be publicly
notified in contact Duncan or me if you have any queries.

Speaker 11 (59:10):
At all, at which point he does a big double
thumbs up.

Speaker 2 (59:15):
He's the sort of guy who would do a double
thumbs up if I see it as Duncan, the sort
of bloke who would give you a double thumbs up.
The answer is almost invariably yes. So Duncan wants the supermarket,
but he only wants it after consultation, and the consultation
will be people wanting a supermarket. But he's like, good
night Duncan.

Speaker 11 (59:35):
Here, Hey, I reckon, you're getting better at your impersonations.
They're sounding less and less Pakistani all the time.

Speaker 2 (59:42):
Slowly but surely, Mark Mitchell, Ginny Anderson. But moments away
on the Mike Hosking Breakfast.

Speaker 1 (59:51):
The News and the news Makers, the Mic Hosking Breakfast
with Bailey's real Estate altogether better across residential, commercial and
rural news. Top said, beany.

Speaker 11 (01:00:09):
To the distance stars. If you're smile, you're scared.

Speaker 21 (01:00:14):
When a girl.

Speaker 2 (01:00:21):
We received in the mail bag this week starts a
letter from hither and she writes, Hello Glenn, knowing what
vast music knowledge you have. That's the perfect opening line.
Always suck up to people here. If you suck up
to people, then things go better. You've possibly heard of
this group, And in case you have, and I'm sending
you this, an English friend has sent me a CD.

(01:00:43):
Just remember those as her cousin Oscar. I don't know,
oh Oscar is one of the band members. I just
love it, and I'm sure you would too. The voices
are beautiful, the accompaniment excellent, and the melody is gorgeous.
I'm not surprised at Robert Plant, another top light musician,
are giving them high praise. Now, whether Robert Plant is
doing that, I have no idea. But once again, a

(01:01:04):
very good letter writer who we questions, drop a good
name in there, and you're probably not going to fact
check Robert Plant. So next thing you know, we'll be saying, oh,
Robert Plant. Back to these guys. These guys are called
bourr Island. The old one is called days Dreamt. They
are influenced by Lennon McCartney. A little early Beatles vibe

(01:01:27):
to it, doesn't it.

Speaker 14 (01:01:27):
I thought it also actually had a bit of a
Simon and Garfunk early Tom and Jerry days.

Speaker 2 (01:01:33):
Yes, no, world, that's very good anyway, warm regards Heather,
a very long time zied big listener, having just turned ninety,
one of the younger demographics.

Speaker 11 (01:01:43):
Second on that one.

Speaker 5 (01:01:44):
St.

Speaker 2 (01:01:44):
Peters, Yes, seeing it. Take that Winston Now Politics Wednesday Time,
Mark Mitchell, Ginny Anderson as well. It's a very good
morning to both of you.

Speaker 24 (01:01:52):
Morning Jenny, morning to your boat.

Speaker 2 (01:01:54):
Now do you too know Tany Yakoura who we had
on the program earlier on Yes, yes, yes, we both Well,
she seems like an awesome woman. Am I correct in
my assessment? Yeah?

Speaker 13 (01:02:06):
She does it. She does a great job. She's one
of our deputy commissioners. She delivered the speech in relation
to the abuse and state here. She did an outstanding
job and doing that she was the interim commissioner at
the time. And know she's and she's got a long
proud history of service to our country as a police officer.

Speaker 24 (01:02:28):
Seems to speak, she's an impressive, impressive woman. Yeah, she's
got great operational experience and got a good hit on
her shoulders. She's calm and in control and makes good decisions.

Speaker 2 (01:02:38):
What do you think, Ginny, of your your your co
conspirator tamoth of Paul who seems to want to defund
the police. How are you going to handle this if
you ever get a chance to run the country again.
And Tamotha comes along and goes she's heard nothing but
complaints about the police, beat patrols around the country and
it's completely possible to set up institutions that can overtake

(01:02:59):
lots of functions of the is What are you going
to tell Tamotha.

Speaker 24 (01:03:02):
I would say, no, Timotha, We're not defunding the police,
That's what I would say.

Speaker 13 (01:03:06):
That's good, even though you did defund the police when
you're in government.

Speaker 24 (01:03:10):
Oh come on, we've got fifty more funding you have
had excuse us out of the police budget.

Speaker 5 (01:03:17):
Excuse me.

Speaker 24 (01:03:18):
Two hundred workers out of police excuse me, excuse me,
jennystline officers do more work. So I don't even try
that one.

Speaker 13 (01:03:26):
Back as the incoming minister, the first thing I was
briefed on was the fact that the previous labor government
had underfunded the cost pressures by about four or five percent,
and we changed that immediately. We put one hundred and
twenty million dollars just to stabilize them because the cost presious,
because because the cost pressures hadn't been funded for. That's

(01:03:46):
the reality of it.

Speaker 2 (01:03:47):
Right, are ex budget mate back in the corners, back
in the corners you two, would you agree in listening
Ginny and listening to Tanny this morning when she spoke
well of the Gang Patch band and how it's working
and how they appreciate that, would you at least except
that that was a good move on this government and
you guys might have been wrong.

Speaker 24 (01:04:04):
Well, who it worked a lot better than we thought
it would end. And I think Chris Carhill has said
the same thing that that that front yeah, definitely is
a good thing. There was a fear that frontline officers
would be hurt and we haven't seen that. So yeah,
I'll recognize that it has gone a lot better than
what everybody thought it would do.

Speaker 2 (01:04:23):
Okay.

Speaker 13 (01:04:24):
So I was a frontline police officer and I always
believed in it, and I always stood by it, and
I had we had all the commentators and you're talking
about Duncan. I mean, he was crying into a suit
just about every day trying to stick up and protect
the game membersine And the reality of it is it's
been extremely effective and it's made our police officer's job
on the street much easier, and I'd argue that it's

(01:04:46):
made people safer.

Speaker 24 (01:04:48):
Well, I would say also, at the same time we've
been game patches, we've seen a ninety six percent increase
in methanphetamine use in New Zealand. And my point would
be that it's more important to get drugs and crime
and organized networks broken down than it is to take
away Peter.

Speaker 13 (01:05:03):
So yes, so yes, we have got a myth and
filming problem in New Zealand. That is a global issue
that we're dealing with. And the reality is this. We
ran a very big operation in a Podok where we
took down the entire Barbarian's Mungol mob and if you
look at the water testing and the podky, it's dropped significantly.
So it just shows that we've got to keep doing
what we're doing and hammering the gangs and staying on

(01:05:24):
top of the gate. That's exactly what we're doing.

Speaker 2 (01:05:27):
Forget the games for a moment, but from the drug
side of the equation, Jinny who takes.

Speaker 24 (01:05:32):
Myth, look, they do a really good survey. I think
you had had someone on the program.

Speaker 2 (01:05:37):
Yeah yeah, yeah, yeah, but that was just a generic
water testing. I don't know anyone who takes myth.

Speaker 24 (01:05:42):
I mean, is it typically it is like if you
if you want to generalize, it's it's poorer areas, poorer areas,
rural New Zealand with his already poverty. And I know
of people who work in some of those areas and
they'd say one of the things you see teachers see
is that when a family has been on a meat
b and there's no food in the house because you're

(01:06:02):
going for three or four days without eating, and they're
not going to sleep, and so you get children turning
up to school that are hungry who haven't had any sleep.
So it's already hit by poverty and their entrenches and
makes it even harder for kids growing up in homes
with poverty.

Speaker 13 (01:06:16):
Would you concur with that, mate, Yeah, I think it's
right across society. Sadly, some people sort of get The
problem with meth is once it gets it talking to you,
that's an absolute wrecking ball and it reached people's lives.
I remember when it arrived in New Zealand. I was
a police officer down in Taerpo. I just got in
operation with my second and new police dog. A guy

(01:06:36):
had gone nuts with an axe and was trying to
smash his way into a house to attack some people.
And I arrived and had to deal with that, and
I remember entering some pepper spray into it onto his
face and it just had no impact or effect at all.
It's a horrible drug. It's a horrible drug. It's very
difficult to police. It's been a wrecking ball for us

(01:06:57):
as a country and globally, and we are working really
hard that The reason why I keep talking about games
is because they are the ones that are pepure.

Speaker 2 (01:07:04):
Yeah they are. But I worry too, Mark and the
flip side of that is going to get all of that.
But I mean, who, I just I just I cannot
get my head around it that the ninety six percent
increase in use. I mean, what sort of idiot goes
down that? You know, you can have your weed debate
and your cocaine debate and all that sort of stuff,
But a myth is evil, and once you're down there,

(01:07:25):
you don't get it out.

Speaker 24 (01:07:26):
Can I'd like to jump in there? So I worked
for when John Key pulled together the myth in tackling
myth infetamine when it really started to pick. I worked
in that group and Department of Prime Minister and Kevina
under National when they had an action plan or myth
infetamin and you're right, it goes right across society market.
We see it in high you know, white collar areas
as well. But it is absolutely devastating. And what those

(01:07:48):
stats are coming at now are showing that the price
point for me, it's lowest ever, it's the cheapest it's
ever been, and the purity is its highest, It's not
been cut at anything. So that shows that the illicit
market right now in New Zealand has been completely flooded.
You can get it really easily and that's the most
worrying thing that people who want to get it quickly.

Speaker 13 (01:08:06):
And the other thing, of course, Mike, is that when
you are in the tough economic times, people turn to
some sort of escape. We sillth be alcohol, whether that
be drugs, and we've been in tough economic times for
a few years and that's a that's an aggravating factor
as well.

Speaker 2 (01:08:21):
I've got to take a break. I'm one of my
make Minchell Guinney, and in fifteen past.

Speaker 1 (01:08:25):
The Mike Asking Breakfast full show podcast on Iheard Radio
powered by News Talks.

Speaker 2 (01:08:30):
It be eighteen past eight, A little bit short on time,
make Mintchell joinny and and just a quick one because
we talked too long. And then last week anyway, mark
highlight of India for me.

Speaker 13 (01:08:40):
Oh, I think, yeah, get it getting to meet prominence
Emodei again. I was lucky enough to spend some quality
time with him in twenty sixteen. Then I went out
there with Sir John Key and you know, for me personally,
that was a highlight and then a huge I know
it's a huge difference in him. Here's a very new
prime minister back then. He's very experienced now doing outstanding job,

(01:09:01):
really clear about what he wants to achieve, and really
was very gracious and generous with us as a delegation.
And you could clearly see that him and Chris have
got a very good relationship.

Speaker 2 (01:09:13):
When you fly on the seven five seven, are you
buggered by the time you get home, given it takes
you thirty seven hours to fly about three hundred miles.

Speaker 13 (01:09:22):
No, Funnily enough, I haven't had there coming back. Look,
we were the said because you fly so slow. Look,
I have to say the world turns. The Defense Forces
did an outsteady job of supporting us on this visit,
and we were able to actually visit the crew of
taka who were about to deploy into the Gulf of

(01:09:43):
Aiden on any poisy on drug and addiction work, which
is critically important for all of us.

Speaker 2 (01:09:48):
And correct me if I'm wrong. I saw the pictures
of the Takaha. It looks like a bucket of bolts.
Is it there's rust all over it? Or is that
just what happens to a ship after a while that
doesn't get painted.

Speaker 13 (01:09:57):
Yeah, no, it's Look it's some good shape the crew
and great spirits and they're really looking forward to getting
out and doing what they joined Defense Forces to do.
And that's your active operations.

Speaker 2 (01:10:07):
Ginny Electrics in your area yesterday's announcement. I know it
doesn't personally affect.

Speaker 24 (01:10:12):
You, but but it's just a little bit actually, so you're.

Speaker 2 (01:10:15):
Yeah, but your electric gets reshaped. It's not like it
disappears and some come and some go. Is that is
that upheaval?

Speaker 24 (01:10:22):
Well it's we kind of knew it was on the
cards because some parts of Wellington have decreased by ten
twelve fourteen percent down in population, so it was always
on the cards that something would shift.

Speaker 2 (01:10:33):
But what do you mean, do you what do you
get to pick? I know you're not currently so.

Speaker 24 (01:10:37):
I'm looking forward to get Oh that was fantastic.

Speaker 2 (01:10:41):
On the hill get blown and by the southerly. But
the views are fantastic. But he's I know that.

Speaker 24 (01:10:49):
I'm well, I tink you a little bit more over maybe,
so it'll be interesting to see what that means. It's marginal.
But do you reckon Newlands as Labor bishop? And oh
these it's it's middle public.

Speaker 2 (01:11:02):
Exasperation and nice house at the top of Newlands you
can see the harbor.

Speaker 24 (01:11:08):
I campaigned in there in twenty fourteen. So I went
up against Peter Darna my first election and there wasn't
a great election for Labor. That was we got a
low party vote and I lost out by about seven
hundred votes in all, how to you? So yeah, it's
a good area to campaign.

Speaker 2 (01:11:22):
And I'd say, what's Greg going to do in Barbara?
I mean, are they all sort of sitting there? I
mean the problem with this is MMP sort of solved
the problem, isn't I mean, you get a percentage of
the vote, you get percentage of the seats. But I mean,
I suppose if you've got an electorate, you want it,
don't you.

Speaker 24 (01:11:34):
We always work hard in the area you know and
you you like and you want to support. And then
that's a lot of the fun of being a politician
as you get in to meet people and understand what.

Speaker 1 (01:11:42):
They're what they were.

Speaker 13 (01:11:43):
I heard they're playing papers as rocks. Who gets the
gets a seat?

Speaker 2 (01:11:49):
See you guys, will catch up next to you. Junny
Anderson at take twenty.

Speaker 1 (01:11:53):
Two the mate Hosking Breakfast with Vida, Retirement, Communities, News
dogs head be.

Speaker 2 (01:12:01):
Such a good segment, Mike, why is it so bloody
short while you're always leaving them wanting more? As my message, Ah,
make twenty twenty five. Your money's a year right, This
is the message from Milford this morning. So if you
run what's happening. It's interesting where we're living at a
time when more and more of us are working after
sixty five, so too often not because you want to.
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statement and their financial advice provider disclosure statements as well.
Asking Mike's partner and dad's hard to my two girls
smokes meth. He was a successful business owner, he lost
his business, his kids don't want to be around him,
his lost his friends. He gets to the strip clubs
and he gets it delivered by Uber Eat. It's wrecking
all our lives. It's unbelievable, is that Mike Ir was
pregnant with my youngest child almost ten years ago. My

(01:13:27):
midwife asked me the mandatory question if I used p
I said no. She told me one third of her
clients actively use PEA. Mike always wondered why when someone
gets offered meth that they say, well, why not? I've
only heard good things about it. Mike, your politicians have
not provided a solution to the myth. Well, it's not
their job to provide a solution. That's That's one of

(01:13:48):
the biggest problems we face in this country is that
everyone wants everyone else to solve their problem. The answer,
the answer to any particular problem is don't. In this case,
don't it. Don't say yes? Don't you know? Goodness sake,
how hard can it be? Burr Island, By the way,
Robert Plant has posted, so we've confirmed this. Robert Plant
is a fan of Burr Island. On socials in January
of this year, a special weave of voice andharmony dot

(01:14:10):
dot dot impressive and he saw them perform in London
December of twenty twenty three, so it took him a
while over Christmas. So we went to the show in
December of twenty three, and by the latter part of
January got onto the socials and said, I'd better say something.
So Robert Plant likes, likes Burr Island and Ky Now
the budget. I wonder if we hadn't spent enough time

(01:14:32):
on the Australian budget, given it's so close and we
all want to go there anyway. It was one of
those like it's just so blatant, such a giveaway, such
a bribe, it's almost unbelievable, and yet there it was
for all to see last night. Steve Price is next.

Speaker 1 (01:14:48):
Yeah, the only report you need to start your day
the my Casting Breakfast with a Vida, Retirement Communities, Life
Your Way News tog SADB.

Speaker 2 (01:15:00):
Quickly back to America. Trumpy today is in the cabinet room.
He's got all the ambassadors, the USA ambassadors there for
a chin wag. But of course the only thing we're
talking about is this, this complete shambles that's unfolded. But
he's sticking to his line.

Speaker 18 (01:15:14):
We have an amazing group or national security now is
stronger than it's ever been there was no classified information.
As I understand it.

Speaker 24 (01:15:24):
They used a.

Speaker 18 (01:15:26):
A app, if you want to call it an app
that a lot of people use, a lot of people
in government use, a lot of people in the media used.

Speaker 2 (01:15:33):
I think we do call it an app, don't we.
It is in deed day, straight up and down, bona
fide app. Anyway, he's definting Walts, of course, he said,
Walts my mistakes, not the end of the world. And
what they do, of course is Walts has a crack
at everybody else the lesson.

Speaker 15 (01:15:46):
There was a lot of journalists in this city who
have made big names for themselves making up lies about
this president, whether it's the Russia hoax or making up
lies about gold Star families, and this one in particular,
I've never, don't know, never communicated with, and we are
and we are looking into and reviewing how the heck

(01:16:06):
he got into this room. But I'll tell you what
the world owes President Trump a.

Speaker 16 (01:16:10):
Favor, international correspondence with ends and eye insurance, peace of
mind for New Zealand business.

Speaker 2 (01:16:17):
I think, how the heck you got into the room,
as he was let him by mister Boltz on the
the app. If you want to call it that, Steve,
how are you good morning? What an absolute?

Speaker 5 (01:16:31):
I mean?

Speaker 3 (01:16:32):
Is it just me?

Speaker 2 (01:16:32):
But they have no money less than no money deficits forever,
and yet they're going to pay for your doctor, pay
for your power, pay for your cost of living, give
you a tax cut. I mean, are they serious?

Speaker 5 (01:16:44):
We've become a handout nation, no doubt about that. And look,
I think is it going to work for them electorally?
Potentially it will? And I think the lids have come
up with a pretty clear line though. This is a
budget for the next five weeks, not a budget for
the next five years. And I say that, of course
because an election get called on the weekend and will
have it in May. And you're right, the numbers are

(01:17:06):
I watering. The deficit this year or this financial year
is predicted to be forty two billion dollars. So that
means clearly we spend forty two billion more than we
bring in in tax. Take another revenue, and if you
look at the gross debt for Australia, it's nine hundred
and forty billion dollars at the end of the twenty

(01:17:27):
four to twenty five financial year. So what does a
government that's responsible of handling taxpayer's money. Well, they announced
a seventeen billion dollar tax cut over the next two
years between twenty six and twenty seven. Well, well that
means to you as an individual, will you get a
whopping five hundred and thirty six dollars annually or five

(01:17:48):
dollars a week this year and then ten dollars next year.
I mean, it's already been talked about as a takeaway
coffee ride by the government to lead up to the election,
and that's what it is. And they've got a line
in the budget there there's a reasonably modest one point
five to billion on decisions not yet taken. So we've

(01:18:09):
watched over the last couple of weeks huge amounts of
money spent on medic care and education. That means they've
got one thy five hundred million dollars to dole out
between now an election day on other election promises, and
you'll see them come pretty quickly.

Speaker 2 (01:18:23):
I've got many questions, one of which why don't they
means test any of it, you know, the power thing?
For example, why are you giving that money to millionaires?

Speaker 5 (01:18:32):
They say it's too hard to and will be too
take too long to work out how to means test it.
So yes, me who don't need anything from government, I
don't really like taking it, will automatically have it taken
off my power bill. And then that's the other thing.
The government doesn't send you that money. The power companies
are told that they're the ones they've got to process

(01:18:52):
the discounts on your energy, which are very modest and
don't mean much to anybody at all.

Speaker 2 (01:18:58):
And we've then got the tax take which is at
record level, so they're bringing in more tax than ever,
and yet they still can't make ends meat. How does
Charmers live with himself? I mean, I mean, that's not
how we run our lives. I mean, it's not like
he hasn't got any tax take. He's got record tax take,
and yet he still can't make ends meet.

Speaker 5 (01:19:19):
He's got record tax cap mainly because of what we
call bracket creep. To explain that that means, because we've
had inflation so high for the last five or six years,
people have been pushed into upper level tax brackets that
they were just on the verge of falling into and
now are in. And so the tax cake take flowing
into the government compace is huge, and yet we still

(01:19:40):
can't balance the budget. It is irresponsible. I haven't seen
one economist today suggest that it was a good budget financially.
Most people are criticize to have been a quick cash
dash to an election. I think one of the things
you might be interested in is the housing policy. Now
I've got to look more at more details here, but

(01:20:03):
they're calling it a crackdown on foreigners buying home so
that presumably means includes New Zealand two year ban on
foreigners buying existing property in Australia. But the kicker here
is that doesn't start until April one. April Fool's Day.
Very appropriate because if you are a Chinese investor, just
as an example, and you want to buy yourself a

(01:20:25):
twenty million dollar house on the fringes of Sydney Harbor
in the East and sobs of Sydney, what are.

Speaker 22 (01:20:30):
You going to do?

Speaker 5 (01:20:31):
You're going to bring your real estate agent enough today
and say, mate, I'll buy that place you told me
I may be able to get. I'll offer you as
much money as you like, because I need to buy
it before April one. I mean, they don't live in
the real world, and they've got a thirty three billion
dollar plan in this budget to slash the cost of housing.
How many houses do you think they have built out

(01:20:52):
of their target at one point two million?

Speaker 2 (01:20:54):
Not enough?

Speaker 5 (01:20:55):
Forty five sturs only and net migration we see that
in the budget that's blown out this year by seventy
five thousand. So we're bringing in three hundred and thirty
five thousand migrants into Australia in a country that says
it's got a housing crisis where they can't put people
in houses. It's crazy.

Speaker 2 (01:21:12):
Here's your next problem. How much of the coalition are
going yeah, we'll match that. So in other words, you
don't if you, god forbid, were a fiscal conservative and
actually wanted the country to pay its way, you don't
really have a choice.

Speaker 5 (01:21:26):
Well, Angus Taylor, the Shadow treasure was on the ABC
and said that they believe that these tax cuts are
irresponsible and that they don't really amount to income tax reform.
Now the reform is the word that's important there. But
Peter Dunton will make a budget in reply speech Thursday night.
Don't be surprised if they actually make a tax announcement

(01:21:48):
that costs more than what the government has announced overnight,
but it won't be fiddling around five dollars a week
at the edges. It'll do something. I imagine it'll do
something to the tax level. We where your tax reform
really works, where you decide what the tax rates.

Speaker 22 (01:22:04):
Are going to be.

Speaker 5 (01:22:05):
And I think that's where they will play in that area.

Speaker 2 (01:22:08):
Given the whole thing and the storm sort of put
this on the back bone Ofer now. So he's going
to the Governor General almost certainly this weekend. So you're
going we're back into election mode. Have you changed your
mind at all minority government, No, not at all.

Speaker 5 (01:22:22):
It's probably reinforced it. I think there will meet more
people here will go well neither side. He is really
doing the things that I would want them to do.
There's a handout mentality that will work in Labour's favor.
But I think the minority party is particularly the Tills
in the more affluent seats and the poll Enhansen Party

(01:22:44):
in the wider metropolitan area. They will perhaps put their
vote in their hands and you'll see come election night,
Anthony Albani is he's scraping by the smallest or have
a minority government where he's got to do a deal
with whoever survives this election. On the Independent front benches.

Speaker 2 (01:23:02):
Yeah, a good weekend. We'll catch up next week. Steve
Price out of Australia this morning for US eight forty.

Speaker 1 (01:23:07):
Five The High Asking Breakfast Full Show podcast on iHeartRadio
powered by News Talks at.

Speaker 2 (01:23:13):
B It is twelve minutes away from nine. Just the electorates,
by the way, that we didn't cover apart from Ginny.
I'm just thinking hut South expands to take part of
Newland's I should tell you before I get to that.
I forgot to mention from Australia the other day Reggie
the Rabbit, which I raised on Monday. Very few people
in the media in this country have covered Reggie the Rabbit,
and they should have. Charlie Gallico is Reggie the Rabbit

(01:23:38):
and he went and whacked a nine year old Cronulla
fan and so that was on social media because his
mother posted it on social media. I'd like to apologize
to Benji and his parents. I should never have pushed
Benji mother with a child posted on social media claiming
that Gallico had assaulted his son. They met on yesterday
three parties, Mum, the Sun and the Rabbit to clear

(01:24:01):
up that. I don't know. Charlie went as the rabbit.
Do you go if you're a mascot called Reggie, do
you go as Ridgie or do you go as Charlie?
Or do you go look maybe just half the costume
or would you just while you start out as half
the rabbit and go? Would you like me to put
my hood on now?

Speaker 1 (01:24:15):
Sa?

Speaker 11 (01:24:15):
I mean don't wear the punchy bits.

Speaker 2 (01:24:19):
Anyway. So that's been sort of where was I? So
hut south expanse to take in part of Newland's Rumatuka
moves southwards an area around a poony. More importantly, and
more interestingly, the two electorates that are gone, well, the
two new electorates are going to be called Kenna Peru
and Capadie and so they're created from bits of Bhario
Manu and O Tacki. They're gone, so Ohario's gregor' connor's

(01:24:43):
patch of course, formerly Peter Done Marna is Barbara Edmonds place.
O Taki is Tim Costley national MP. So they want
to see Wellington's wrong Atti gain bits of Mount Cook
and Brooklyn, which is good because Brooklyn's a nice If
I owned wrong Atai as an electorate, I'd want Brooklyn
in there. But then again and Wellington Central loses those
areas but moves north into Wadestown, Nio and Kindala.

Speaker 11 (01:25:06):
It's a bit like playing monopoly, isn't it. Can I
put a hotel on it?

Speaker 2 (01:25:09):
Wouldn't you want Wadestown in Kindala? Candala's really Mayfair and
Wadestown is what what's Wadestown Bond Street? I think it's great.

Speaker 11 (01:25:17):
I feel a customized board coming on Nio is yellow.

Speaker 2 (01:25:20):
I think NIO's probably yellow. No insult to Nai. You're
just not Wadestown in Candala. I mean, yeah, I'm sure
you think you are, but you're not, certainly not. Last
time I went through n you'll know Wadestown or words
to that effect.

Speaker 11 (01:25:32):
I thought it was a good strategy to buy those
cheap ones as quickly as you could.

Speaker 2 (01:25:35):
That's what I do on the monopoly. But what you
want is, of course, is Mayfair and the Greens. But
you never go there because the cost of the hotel's
too much. And I think that's what you'd find in
Nio as well. Anyway, in Auckland, they're just mucking around
with it. Nothing actually goes or changes. I don't know
what happened to Andrew gets yesterday, who's busy on the
news all day telling is how IPSUL was going to

(01:25:56):
disappear and Epsen didn't go anywhere, so I don't know
what's going on there. So those are the electoral changes.
And as I said to Junior a moment ago, sort
of doesn't matter because MMP solved all those problems anyway,
hasn't it? Nine Away from nine the.

Speaker 1 (01:26:08):
Mike asking breakfast with the range rover Villa News.

Speaker 2 (01:26:12):
Toddsad been Mike, you forgot crafton Downs? Steve. Crofton Downs
isn't real, is it? It's one of those areas that
you go. No one knows where crafton Downs is, or
they sort of heard somebody who might live in crafton Downs.
You live in Kendala, or you live in Wadestown, or
you live in Nio, or you live in Fendleton, or
you live in rem neu Era. But yeah, crafton Downs
is one of those made up areas, you know what

(01:26:32):
I mean? Sort of a new area where they go
what should we call it? Crofton Downs? Until of course
they made everything Marray names so that they wouldn't call
it crafton Downs these days, would they? By the way,
I've got some very good news from my wife. The
story I was boring you with earlier on about how
I had to lift eight and twelve kg waights that
arrived in the house yesterday. As it turns out, they

(01:26:52):
weren't twelve and eight kg waits at all. They were
twelve and fifteen kg waits. So what I thought I
was lifting at twelve was actually for fan So I'm
I'm quite powerful.

Speaker 11 (01:27:03):
And there were there was a pair, so you actually
compare of them.

Speaker 2 (01:27:06):
Yeah, I was lifting thirty kg's, so.

Speaker 11 (01:27:09):
Just getting the weights delivered as kind of a workout.

Speaker 2 (01:27:11):
Getting the weights delivered is and there weren't only the
fifteens and the twelves, but there were also eights I think,
so eight twelves and fifteen's, you know.

Speaker 5 (01:27:19):
And so.

Speaker 2 (01:27:22):
Just saying open the thirty kg's without too much noise,
just a little bit of that, but apart from that,
no worries. Five minutes away from nine.

Speaker 1 (01:27:31):
Trending now with chemist Well's keeping Kiwi's healthy all year.

Speaker 2 (01:27:35):
Right now, I got for your movie Tied, I've got
the sixth installment of Final Destination, so the Final Destination franchise,
so we have as the sixth installment Final destination bloodlines.
So what happens here is a college student experiencing a
recurring nightmare that foretells her family's demise, returns home to
find the person who can prevent it. And this is

(01:27:59):
what it sounds like.

Speaker 11 (01:28:00):
Family.

Speaker 2 (01:28:01):
You don't get to pick the one you get.

Speaker 5 (01:28:03):
Just got to love the one you got it.

Speaker 24 (01:28:07):
I always knew this day would come.

Speaker 2 (01:28:10):
I got it. I don't think you got it.

Speaker 24 (01:28:13):
If I held him off for years.

Speaker 21 (01:28:16):
Death is coming for our family.

Speaker 1 (01:28:20):
We saved a lot of lives that night, everything of
lives that were never meant to be saved.

Speaker 2 (01:28:26):
Death doesn't like it when you mess.

Speaker 24 (01:28:28):
With his plans.

Speaker 20 (01:28:30):
Maybe that's not actually coming for our family, because that
would be crazy.

Speaker 1 (01:28:39):
Good luck.

Speaker 2 (01:28:44):
Why is death him? You know it's the reference there.
Death doesn't like it when you miss with his plans.
Was it him? By the way, Kate, it's I feel.

Speaker 14 (01:28:55):
You feel like death because obviously you know it is
hanging over you now that you've downed sixteenth clearly can
and you feel it's more of a feminine kind of
a fourth.

Speaker 2 (01:29:03):
Good nicely put. Glenn First came out twenty eleven. This
one's out May sixteen. We looked at who's in it,
and couldn't see a single person we knew, not one.

Speaker 11 (01:29:12):
Apart from death are you're increasingly well acquainted with?

Speaker 2 (01:29:15):
Watch that weird movie that's on at the moment on
Netflix where they have a single shot of everyone. It's
about the Mendesspei and adolescens. Yeah, Katie watched its crap,
so I didn't. I refuse to because I saw the
trailer and I said to Ernest she went ahead with it,
and she concluded she wasted her entire life, and whatever
you see on the net about it being brilliant is wrong.

Speaker 11 (01:29:33):
Meanwhile, Jason's both bouncing her hand going oh.

Speaker 2 (01:29:36):
Bit dark, bit dark Back tomorrow, Happy Days.

Speaker 1 (01:29:41):
For more from the Mic Asking Breakfast, listen live to
news talks it'd be from six am weekdays, or follow
the podcast on iHeartRadio.

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