Full Show Podcast: 27 September 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Demanding the answers from the decision makers. The mic Hosking,
Breakfast with a Vita, Retirement Communities, Life Your Way, News, Togs,
ed B Dolling and Welcome to day.

Speaker 2 (00:11):
Liam Lawson has been confirmed the deal is done. He
is officially an F one driver. He's with us this
morning speaking of the deals. What does the FTA with
a UAE mean for our red meat industry? David Seymour
on its truancy ideas, How does a hospital build go
from ten thousand dollars a square meter to thirty thousand?
Are the Week with Tim and Katie Richardanel Murrayold's they
do the business as well. Pasky, Welcome to Friday, seven

(00:32):
past six. Have a look at the report out in
Sydney enter their new metro line. Now, this is the
twenty one billion dollar behemoth opened a couple of weeks
ago and was going to transform allegedly Sydney public transport.
And it seems at first report to be working. And
then that is the clue to public transport generally and
whether or not it's successful. Now the trouble with transport here,
and let's be honest, we're really only talking about a

(00:53):
couple of cities i e. Wellington and Auckland that in
theory have systems outside of a few random buses. Wellington famous, hopeless.
Auckland it's hard to tell whether they're far behind or
quite possibly even worse. Anyway, the early numbers from Sydney
show that there has been a large drop in numbers
through the busiest of the heavy rail stations. Now the
trick here is the build it and they will come scenario,

(01:15):
which is the one that they will claim they use
in this country but has never really turned out to
be reality. See the buses famously and Wellington went up
the wrong streets, ran out of gas, never turned up
in the first place. Now they'll claim all that's fixed now,
but the trains are still famous for their problems. Auckland
buses have been hit and miss forever. They didn't have
drivers for a while, But they too will claim they
fixed that particular problem. I mean, our kids over the
years eventually refuse to go on a bus at all

(01:37):
for the simple reason they literally never turned up and
therefore they would never get to school on time. The
trains are permanently canceled still for never ending schedules of
maintenance so the theory has never met the reality and
Sydney where it is working. The question they will need
to ask is having a new metro taking people off
heavy rail actually solving anything? And if people are leaving

(01:57):
cars at home and taking the metro, how many of
them actually are there? If you're merely shifting one commuter
from a train to another train, that doesn't strike me
as a big time solution. If you're moving them out
of cars, though, you might be onto something still early days,
but four weeks in the falls and train numbers are
as high as forty percent. But then their system works,

(02:19):
and in that consistency and ensuing reputation for reliability is
the real answer to the public transport conundrum.

Speaker 3 (02:26):
Why News of the World in ninety.

Speaker 2 (02:29):
Seconds Gatlin the bigapol as the mayor's indicted.

Speaker 1 (02:32):
Year after year after year, he kept the public in
the dark.

Speaker 3 (02:37):
He told the public he.

Speaker 1 (02:38):
Received no gifts, even though he was secretly being showered
with them.

Speaker 2 (02:43):
In very New York style, he claims he knows nothing.
Thanks New York is to wait to hear our defense
before making any judgments.

Speaker 3 (02:50):
And I ask to wait and hear.

Speaker 2 (02:54):
Our was signed to this narrative I'll work you through
in the moment. Middle East has arrived in New York,
as both sides make the case in front of the EU.
In Israel full of resolves, our policy is clear.

Speaker 4 (03:04):
We're continuing to strike Hesbalah with full force, and we
will not stop until we reach all of our goals,
chief among them the return of the residents of the
North securely to their homes.

Speaker 2 (03:14):
The Palestinians wouldn't mind a bit of assistance.

Speaker 5 (03:18):
The Genesis sending weapons to Israel.

Speaker 6 (03:24):
Madness cannot continue.

Speaker 3 (03:27):
The entire world is responsible.

Speaker 2 (03:30):
Meantime, back on the ground and living on.

Speaker 1 (03:32):
Two to four people killed, seven people injured. So far,
there's all sorts of rubble here in Glass.

Speaker 2 (03:40):
I mean it clearly was a powerful explosion. And in
Britainy the al fay Had scandal grows as two more
victims come forward.

Speaker 3 (03:46):
She carried out wholly unnecessary medical examinations. She's so intrusive.
Knowingly for Muhammad al Fayres.

Speaker 7 (03:57):
She knew that his intent was to the sole task.

Speaker 2 (04:01):
Finally, baseball. At the start of the week, we told
you about attorney first of a man to completely fifty
to fifty to fifty homers and fifty stolen bases in
the season. Now to the business side of that particular
feet the ball that got them across the lines up
for auction. Now, if you don't want to compete it
an auction, you can, in fact, as they would do
on you know wherever trade me, hit the buy an
our button if you want to hit the buy an
our button. Seven million for a ball seven million. If

(04:24):
it sells for that, it'll make it the most expensive
baseball ever, most expensive in fact by about two million
dollars to use the world in market system. The Chinese
oil and China are the talking point this morning. Oil's
crashing and I'll tell you more about why in a
couple of moments. But the Chinese polyp Bureau not not
not happy with what was done by the Central Bank

(04:44):
earlier on the week. They're piling more money into the
economy as well. So that's one to watch. It is
twelve past.

Speaker 1 (04:48):
Six the Mike Hosking Breakfast Full Show podcast on iHeartRadio
Power by News Talk Seppy.

Speaker 2 (04:58):
Yes, Eric Adams, so it's look serious. Fifty seven page
indictment which was unsealed. He was indicted yesterday, but it
was sealed at the time so fifty seven pages bribery
wire for aud conspiracy, soliciting campaign contributions from foreign nationals.
There's a Turkish connection. They allege it goes back to
twenty fourteen when he was the Brooklyn Borough president. So
basically for a decade luxury international travel at least one

(05:20):
Turkish government official seeking to gain influence. How allegedly, they
pressured him the New York City Fire Department to open
a Turkish consular building without a fire inspection. In exchange,
as I say, he denies it. So watch the space
fifteen past six, jam My Wilf Andrew Callaho, Welcome to Friday,
fairy good body mites here, but uggs at the warehouse

(05:41):
from it.

Speaker 8 (05:42):
Yeah, Mike, look for every little green shoot we see
out there, every sort of shining light or economic tale,
and we get a wee reminder, don't we that the
economic miliere is well, it's variable, it's fractured. And I
was at a conference recently listening to a panel of
local economists. I'm not sure if there's a term. Is
there a term for a group of economists? What do

(06:03):
we call that? A gabble, a gabble or a gaggle anyway,
I think it was Sharon as and Sharon's holder, and
apologies ahead if it wasn't, but she said, you do
get green shoots next to dead plants. And I think
it's pretty obvious at the moment that we are seeing this.
I mean, Fonterra, we spoke about yesterday strong profit, good devined,

(06:24):
and then yesterday we get Warehouses annual resultant. Things are
pretty tough at the Warehouse, which we already knew, but
we got confirmation yesterday with the company revealing their first
ever loss. So that actually lost money. So they did
a result announcement annual briefing. They reported loss of fifty
four million dollars. That loss generated by a big hit
from the sale of Torpedo seven, winding up the market

(06:46):
dot com. Look, I guess on a positive note looking
through the numbers, their gross margins are holding up. They
were fortunately they were the beneficiaries of lower supply chain
costs towards the end of the year. But look, they're
now deep in the midst of a strateg reset. There's
lots of that going on in corporate New Zealand at
the moment. The ubiquitous cost out process seemingly everywhere warehouse

(07:08):
now focusing on call retail functions, a fit for purpose
retail model, so shifting focus away from those online models
and back to the sort of physical stores. But it's
still looking tougher head for them for the next little while.
The Redsheads, they were disappointing in the second half of
the financial year, in particular categories homewhere and winter apparel,
which were problematic categories everywhere. If you sort of strip

(07:30):
out grocery, which is now a decent chunk of the
Red shed sales if you stripped those out, sales were
down twelve percent. So they really need to rethink the proposition.
You know, why do you or I go to the warehouse?
The blue sheds are warehouse stationary. They appear to continue
to be the beneficiary of the sort of working from
home effect, so getting out the home office. I expect

(07:52):
that will continue for some time, you know, despite attempts
to reinvigorate working from the office, I don't think it's
going to happen overnight. Noah leaming as well, fair reliance
there on discretionary spending, and that's a challenging space at
the moment, isn't it. So look, even if you strip
out the one offs, by their own admission, performance was poor.
So I think still quite a lot of hard worker

(08:13):
had forward and senior management of the work.

Speaker 2 (08:15):
Indeed, and then we come to the battle of ideas.
Dominic Stevens was into the arena yesterday.

Speaker 8 (08:20):
Yeah, this is soapbox Fry. I'm bringing back soapbox Friday, Mike,
because I couldn't go past this. What would normally be
a speech of well niche interests. It was delivered by
Dominic Stephens, ex Westpac. I think he's ex Westpac chief
economist with he's now the chief Economic Advisor to New
Zealand Treasury. And this was entitled longevity in the Public Purse,
So you know, not a sort of a page hen

(08:41):
you wouldn't have thought, but in the context of the
cost of the aging population. But he said that Treasury
has been banging the drum for many years now on
the long term sustainabilities of fiscal policy and if you
wanted a balanced dose of economic you're outy. You got
it in here. They really reiterated, He really reiterated this
long term sustainability of physical policy, referring to structural deficits

(09:06):
and what is a long term physical challenge said the
trajectory of debt is concerning, and he makes the comment Mic,
and I think you'll like this. Fiscal policy is easier
to loosen in a downturn than it is to tighten
in an upturn. So that's the problem. Once you've given
it out, hard to take it back. And the thing
is here, Mike, he said that government action is not it.

(09:26):
We don't just need government action. We need government action
together with an improving an environment of improving economic activity.
So the current government, the finance maents they're trying to
deal to this. But in case you think this is
ideologically driven, treasury independent treasury, itally us. We have to
do it and it will not be without consequence. Are

(09:46):
those previous high levels of government spending. We're inflating economic activity.
Take it away and that boost to economic activity reduces.
But at some stage somebody has to do it, correct
somebody someone so And if you're interested in this stuff,
the sweeches definitely worth a read.

Speaker 2 (10:01):
But then you come to the politics of it all,
which I suppose is tired. And but then again, what
the hell happened with the MZS fifty Yesterday? I went
through the roof on fire.

Speaker 8 (10:09):
What do you reckon that? That up over two percent? Well,
I had a quick look because I've been at this conference.
Fisher and Poker Healthcare had a good bounce back, and
just generally just it's just looking better.

Speaker 2 (10:18):
Good, good good. What are the other numbers?

Speaker 8 (10:21):
The dal Jones is also up two hundred and ninety
three points point seven percent forty two than two hundred
and eight, the S and P five hundreds up sixteen
points five to seven three eight and a half percent
gain on the Nasdaq up ninety four points eighteen thousand,
one hundred and seventy seven. The mark there forty one
hundred also gained point two percent eight to eight four.
And across Asia markets were still very strong on the

(10:44):
back of the monetary policy stimulus. The NICK up one
thousand and fifty five points two point seven nine percent
three eight ninety five and the Shanghai Composite bang On
three thousand up three points sixty one percent, so very
strong markets there. The ASX two hundred it up seventy
seven points eight to three and as you said, yeah,
the ins next fifty on an absolute right yesterday up

(11:05):
two hundred and sixty seven points two point one eight
percent twelve four hundred and ninety one Happy days. The
Kiwi dollar against the US point sixty three two six
the Aussie point nine one seven five point five six
five nine euro point four to seven one four pounds
Japanese yen ninety one point five six gold also steals
on two six seven oer and bent grud. Here we

(11:27):
go seventy one dollars and thirty nine cents. And you've
got more to say on that, haven't you.

Speaker 9 (11:31):
Yes, I do.

Speaker 2 (11:32):
By the way, for you to ponder over the weekend.
A summer economist, a total of economists, a wrong of economists,
a debt of economists.

Speaker 8 (11:42):
That this program gives you everything, doesn't it, Mike, It
gives you everything. It's the the winner up.

Speaker 2 (11:49):
And saying it for you to have a good Weekend'll
catch it next week. Appreciate it. Andrew kelliher Jamiwealth dot
co dot nzskiy yard and not an eline that fre
quents in New Zealand. Part of the reason for that, unfortunately,
because they're very good. All is that they're about to
spend seven billion. That's US. So let's make it about
fourteen thirteen billion, referbing most of their planes and the
reason they're referbing most of their planes. And this is
where you get the SIMP of the feren News Island

(12:10):
currently got ninety two planes. They want one hundred and
seventy planes. The reason you get some SIMP of the
Foreren New Zealand as they can't find a plane. There
are no planes out there to be purchased, so they're
having to redue the ones they've got. Six twenty one,
Friday Morning on the Mike Hosking Breakfast.

Speaker 1 (12:24):
Good the Mike Hosking Breakfast Full Show podcast on iHeartRadio
powered by the News Talks.

Speaker 2 (12:30):
It'd be Morning, Mike. A guess of economists, it's not
bad if you're worried about the world of debt, and
you should be. Pakistan hasn't helped overnight. The IMF have
given them another seven billion. They get the first billion
almost immediately, balanced to be paid over the last three
years or the next three years. They've had more than
twenty loans from the IMF since nineteen fifty eight. The

(12:50):
question being, is nothing wrong with borrowing money? Of course
it's someone might want to ask, do you reckon we're
but buy it back? In the answer, of course, is
no well with us.

Speaker 10 (12:57):
We're going with a speculation of economists.

Speaker 2 (13:00):
Speculation of economis you're hear nice? It's getting bitter and
bitter are six twenty five trending?

Speaker 3 (13:04):
Now must warehouse the home of big brand skin gear.

Speaker 2 (13:08):
No, not the biggest shock sports ever seen, but the
significance of what is unfolded in the last couple of
hours has no lists profound Liam Lawson in From of
the Racing Balls, he replaces Daniel Ricardo for the at
least the rest of the season before ushering in the
in the new they paid tribute to one of sports greats.

Speaker 7 (13:23):
So what next for the hanging Badger. He could yet
be snapped up by another team, perhaps in a reserve
driver role, and there are plenty of other racing series
that would love to have Ricardo competing in their ranks.
Or perhaps he'll simply hang up his helmet and enjoy
life back on his farm in Australia. If this is

(13:43):
the end of his Formula One story, he walks away
as a winner of eight Grand Prix and as one
of the most popular and exciting drivers ever to grace
the sport, A ruthless and super quick competitor who in
his own words, was always ready to lick the damp
and send it when it came to his trademark overtaking moves.

Speaker 11 (14:04):
Dalians Daniel Ricando, what's a move.

Speaker 9 (14:07):
From the Australian.

Speaker 7 (14:08):
He leaves one with enough magical memories to keep his
legions of fans smiling for years to.

Speaker 2 (14:15):
Come, that is, if one's tribute to him. William's with
us after seven thirty this morning, so we look forward
to the catch up and the ability, of course to
congratulate him. Thinking of Timuru this morning in general, because
of course you've got Alliance and Smithfield, huge employers in
that particular part of the world. We're talking about red
meat in just a couple of moments with Nathan Guy.

(14:36):
So the deal yesterday with the UAE is good. We
don't do a lot of meat in that particular part
of the world, but that's why you sign FTAs you
get more meat in there. So what's the potential there.
But it's sort of ironic, isn't it that on the
day that they're I mean, let's be honest, something bad
is going to happen at the meat works and a
lot of people are potentially going to lose their jobs.
It's ironic on one day you're signing an FTA, on
the other day you're potentially closing down one of the

(14:57):
production facilities that provides that red meat in the first place.
So more on that in a couple of moments here
on the Mike Hosking Breakfast at news Talk said.

Speaker 1 (15:09):
Your trusted source for news and views, the Mic Hosking
Breakfast with the Jaguar f phase cut from a different
class newstalks.

Speaker 2 (15:18):
dB Ji Lanscuse at the White House as we speak,
So we'll get to Richard Donald shortly. Meantime, twenty three
to seven deal got done in record time. Latest free
trade deal. This is sort of with the UA signed
off yesterday. For the red meat industry. It's our twenty
first largest market forty seven million dollars worth of meat.
So it's not really big. So what about the potential?
The Meat Industry Association Independent Chair Nathan Guy with us Nathan,

(15:39):
morning to you.

Speaker 3 (15:40):
Yeah, morning mate, this looks like.

Speaker 2 (15:42):
A good quality deal. I mean, everyone wants to do business.
Can we do more business? And how much more with them?

Speaker 12 (15:48):
Oh? For sure? The significant upside. First of all, I
just want to congratulate in the Minister of Trade Bott
McClay for great work he's done in record time and
of course as official, so he's opened the door, he's
built the connections, already had them as a former trade minister.
This is a real pay of celebration for our red
meat sector up against a lot of headwinds and it's

(16:09):
a real spring on the step for our meat companies
and also for our farmers. So the upside is significant.

Speaker 2 (16:15):
So it's a twofold thing. One can we sell more
to the UAE and does the trade deal itself expand
out to the other emirates in the region generally and
therefore more for us?

Speaker 12 (16:25):
Yes, it will, And I know that the minister's working
hard in the Golf States with those countries as well,
and of course when I was back in the hot
seat and Wellington, we were working hard there and it's
been stalled, but he certainly warmed that relationship up again,
which is fantastic. We know that UAE is a very
oil rich economy mic it's a massive financial center. It's

(16:46):
also a hub for global air and sea logistics, so
the connections to other countries is huge. This is a
fantastic agreement. We're very proud, how.

Speaker 2 (16:55):
Much growth do you see in red meat or we
just don't know at this point because forty seven million
dollars isn't the lot, No, it doesn't.

Speaker 12 (17:03):
And if we just step back a bit and look
at what the savings are just on that with a
five percent removal on taraffur frozen beef and sheep meat,
that's about seven hundred and fifty thousand just at the
moment from a standing start. So what this will mean
is significant upset. I can't give you a number because
I'm not the meat company chief executive, but it is significant.

(17:28):
The feedback that I've had from met companies yesterday and overnight,
they're very excited by.

Speaker 2 (17:33):
The agreement fantastic and it's good to see generally in
a world that you would argue increasingly sadly is not
particularly free trade, there's still some business to be done
by black minded nations who are free trade.

Speaker 12 (17:46):
Yes, that's right. And the other significant thing about this agreement, Mike,
is at seventy five percent of the local population out
there Muslim, and we do really well with our all
our requirements and certification, so we see this as also
a significant move. We know that allow markets return to
us about three billion dollars currently in a twelve month period,

(18:10):
so that's also a big moving part of this agreement
as well.

Speaker 2 (18:15):
The Smithfield thing today and tim Row, I don't know
how much you know about it, but it's somewhat ironic,
isn't it. As we look to grow red meat, there's
a facility there that's clearly in some trouble. What's the
state of red meat in this country? Writing you right.

Speaker 12 (18:28):
Now, Well, companies have been through a lot of change
and will continue to go through change. Mic. Whatever Alliance
decide to announce today is really their commercial decision. And
if there are job losses, that's most unfortunate. But meat

(18:49):
companies diversify, they change, they reduce stop numbers, They look
at their plants, age and stage, how efficient they are,
consent issues, you know, the local supply. So all of
these things impact. And what I would like to tell
you and listeners is that meat companies are extremely agile

(19:12):
and they make changes as they see fit. And this
really is just a billet or just a decision of
getting on and making I guess the right decision for
this company in the future, and we'll wait and see
what happens today.

Speaker 2 (19:26):
We wish them well for the day, obviously, Nathan appreciate it.
Nathan Guy Meat Industry Association Independent She speaking which nineteen
away from seven passing was blokecal one of the senior
cabinet ministers out of India currently in Australia, who's the
Commerce and Industry minister. Anyway, he wants to see Australia
and India trade wise blow out to five hundred billion
dollars worth of business. It doesn't matter how he got

(19:48):
to the number, but it's not an unrealistic number. My
point being, currently the two way trade between Australia and
India because they've got a free trade deal with them,
is forty six billion dollars. What's our free tra That's right,
we haven't quite got around to getting one with one
of the most populous and successful economies in the world.
Nineteen to two.

Speaker 1 (20:08):
The Mic Hosking Breakfast Full Show podcast on iHeartRadio, Power
It by News.

Speaker 2 (20:13):
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All Blacks on the Northern Tour with Cadbury Tasking Morning Mike,
our lad, Liam's done it? Will you have an interview
with them soon? How does seven thirty sound? He's on Mike,
just back from f one in that salubrious city of Singapore,

(21:16):
epic time, soaking up great vibes and energy. Simply a
brilliant race and venue. Looking forward to Liam's interview and
a fact for you. He's born in Hastings Go the Bay.
I'm not sure that played a massive outsize rolling him
getting the seat, but maybe I'll raise it. Six forty
five International correspondence with ends and eye insurance, peace of
mind for New Zealand business. Which side wanted to you?

Speaker 13 (21:39):
Good one?

Speaker 2 (21:39):
Make So Zelenski's there with more I'm assuming more requests.

Speaker 14 (21:45):
That's right high stakes. As ever, Zelensky having tors with
President Biden and with presidential contender Harris. He was supposed
to meet also with former President Trump in New York,
but Trump canceled their meeting, angered, it seems, over comments
by Zelenski in an interview Now the Day where he
said that Trump's running mate JD Vance's message seems to
be that Ukraine quote must make a sacrifice. So Trump

(22:07):
has spoken of this.

Speaker 15 (22:08):
The president of Ukraine is in our country and he's
making little nasty aspersions toward your favorite president me.

Speaker 14 (22:17):
In the comments, Trump, as ever, praised Russia's Putin I.

Speaker 3 (22:22):
Got along very well with Buden. I spoke to him
a lot.

Speaker 15 (22:25):
Yeah.

Speaker 14 (22:26):
This has been a regular Trump theme, to the point
where Vanderbilt University took a pole a few months back
where they found that fifty two percent of identifying mega Republicans,
when asked to was the better president Putin or Biden,
chose the Russian dictator. Just nineteen percent chose their own
country's leader. In his latest campaign event, Trump also said.

Speaker 15 (22:47):
This Ukraine is gone, and it's not Ukraine anymore. You
can never replace those cities in towns, and you can
never replace the dead people, so many dead people.

Speaker 2 (23:00):
Ukraine is gone.

Speaker 14 (23:01):
No doubt that it is news to many Ukrainians, said Trump.

Speaker 15 (23:05):
Any deal, even the worst deal, would have been better
than what we have right now. If they made a
bad deal, it would have been much better. They would
have given up a little bit and everybody would be
living and every building would be built.

Speaker 14 (23:19):
So suggesting Ukraine should surrender to Moscow given their losses,
no mention of Russia's losses, which the US ports at
around three hundred and fifteen thousand Russian troops for about
eighty seven percent of the total with which Putin began
the war. Meantime, Putin is proposing to ease the red
line for Russia to use nuclear weapons, saying they could
now be considered if a non nuclear state like Ukraine

(23:42):
is backed by nuclear states like the United States or
as of NATO. On the other warfront, in the Middle East,
things also troubling. Australia joined the US, Canada, Britain, Germany, Italy, Japan,
the Saudis and some others in calling for an immediate
twenty one day ceasefire between Israel and Hasbula along the
Israel Libs and his border, even as US diplomats for

(24:02):
outlining the plan on the media. Here Israel's Netno who
came out with the brief statement no ceasefire.

Speaker 2 (24:09):
All right, Mape, you have a good weekend, appreciate it
and we'll see on Monday. By the way, the House
Oversight Committee, the chair James Coma, he's opened an investigation
into Zelenski's visit, and we told you about it at
the time. He went to Scranton, which happens to be,
of course, where Biden's from, and he went to a
munitions factory. But he went to the factory in Scranton
with three Democrats, two of whom are up for reelection.

(24:33):
So COMA is claiming the trip amounted to a campaign
event and essentially used taxpayer funded resources, So they want
to have a word about that. Meantime, there's yet another
one of these polls. I don't know what it means,
but the majority of investors who've got at least a
million bucks of investable assets a plan to vote for Harris.
There's a UBS survey. They did give Trump better marks
for the economy, but the numbers are fifty seven percent Harris,

(24:56):
forty three percent for Trump. Harris wins ninety one percent
of Democrat millionaires, twelve percent of Republicans, and sixty percent
of Independence. But Trump wins eighty eight percent of Republicans,
nine percent of Democrats, and forty percent of Independence. So
many numbers, so little time. Ten away from seven.

Speaker 3 (25:13):
The make Hosking Breakfast with Bailey's real Estate Newstalk.

Speaker 2 (25:17):
ZBI following Canada and you should be He survived to
trudeauh a no confidence motion yesterday. There's another one on
the table as we speak. He runs a minority government.
It's even more minority because his coalition partner quit the
other day, basically said he was too weak, too selfish
to govern. So they're putting up the Conservative Party this
week at least two, if not three, no confidence motions,

(25:39):
and so we'll see where that goes in Canada morning, Mike,
regarding the Alliance to Mauru situation. Maybe, and I've got
quite a bit of this sort of feedback this morning.
Maybe it's something to do with the covering a productive
farmland with pine trees. It isn't, isn't At the end
of the day, it's a vextant on going to bake that.
But the red meat problem is not just about pine trees.
There's much more to it than that. And thank God
for the American who are buying red meat like there's

(26:01):
no tomorrow, because the Chinese aren't. Of course, Mike, this
is the issue with councils now hawks. Bay is going
to pay unelected youth and let them have a vote
on decisions. This is the great scandal of the last
twenty four hours. I don't know who these people think
they are, but there are youth councils around the country.
I think from memory is about seventy of them. And
it's good because you get young people involved in democracy,
the democratic process and the machinery of government. There's nothing

(26:23):
wrong with that at all. These are people between fifteen
and twenty one years old. But there's a big difference
between having a youth council and sort of observing how
the system works and doing what Hastings did yesterday the
district council, which is giving them a job and paying
the money, and not only giving them a job and
paying the money, but allowing them to vote. So they've

(26:45):
sudden This is the Maori seats argument all over again.
It's not democratic.

Speaker 9 (26:49):
You might have.

Speaker 2 (26:49):
Democracy, who you don't. And the way the democracy works
is that you line up at election time and you
say my name's Bob, here's what I stand for, here's
who I represent. You want to vote for me or not.
That's theocracy. Democracy is not a bunch of people in
a room going, hey see those guys over there, we
like them. Let's give them some work and they can
vote too. That's not democracy. So yesterday, and to give

(27:10):
you a cent of how contentious that it is, the
vote was seven all and the mayor, Sandra Hazelhurst, who
should be ashamed of herself, provided the casting vote in favor.
So these young fifteen to twenty one year olds now
get to vote. You didn't vote for them, They didn't
stand for election. They just turned up sort of interested,
and good on them for being interested, and good on

(27:31):
them for wanting to participate. But the next step for
them is to stand in the time on the tradition
as a candidate in an election seeking support from the community,
not through the back door, to go in and suddenly
start wielding power in that region.

Speaker 10 (27:47):
Do you think that'd be as keen if they were't
getting paid four hundred and thirty nine dollars per meeting.

Speaker 2 (27:51):
It's a lot of money if you're fifteen years old.
You're fifteen years old and you're getting four hundred bucks
a meeting.

Speaker 10 (27:58):
I mean, I wouldn't go to eat any kind of
meeting for four hundred and thirty nine dollars. But yeah,
it's not bad.

Speaker 2 (28:04):
And suddenly you've got power. You're fifteen years old and
you're voting on a committee. Come on five away from seven.

Speaker 3 (28:12):
All the ins and the outs. It's the fizz with
business favor.

Speaker 1 (28:16):
Take your business productivity to the next level.

Speaker 2 (28:19):
Right, oil is a talking point Opek plus that Saudi Russia, Iraq, UAE,
all those guys they had this idea that they hold
back supply of oil, it'll go to one hundred bucks
a barrel and they'll all get richer. That hasn't worked.
So Saudi Arabia, the rumor is this morning one report
they're planning to abandon that particular strategy. What they want
to do is sell more barrels at the lower price

(28:39):
and everybody's gone hello. SOVP and Shell they've had billions
wiped off their market value in trading this morning, four
point eight percent to four point six percent, respectably. Brent
crude that's also dropped more than two percent below seventy
two dollars a barrel, so it means the market's now
almost twenty eight percent lower than the average price back
in twenty twenty two when Russia went into you know
where that got up to ninety nine and the Greens

(29:01):
came out went the end of peak oil. It wasn't
so read reportedly will allow the Sadi Aramco to pump
more crude into the global market. Libya is also expected
to resume exports after the Eastern and Western regions agreed
on the process of appointing a central Bank governor to
oversee the country's revenues, oil revenues, effectively pouring more crude

(29:21):
into an oversupplied market. So it's never been a better
time to Oh, I don't know, have a car that
runs on petrol. So I was there yesterday. What was
I paying two eighty two low eighties to eighty one
to eighty two something like that.

Speaker 10 (29:33):
And that's the high optane gets that's for the that's
for the gold plated stuff.

Speaker 9 (29:38):
So this is all good.

Speaker 2 (29:40):
So just in time for the school holidays, you can
fill up knowing that the price, if it's not low
ish now it's going down even further. David Seymour yesterday,
What a busy week David Seymour's had. He's got the
Charter law through third reading pass so the charter schools
are back officially. Then he came out with the Star
System yesterday. You get the truants back and your teacher
only days had gone. He's he's whipping that education system

(30:01):
into shape. David Seymour after seven o'clock and then Liam
Lawson World First Exclusive after seven thirty this morning, after
the News, which is.

Speaker 3 (30:08):
Next, setting the news agenda and digging into the issues.
The Mic Hosking.

Speaker 1 (30:15):
Breakfast with Bailey's real estate, your local experts across residential,
commercial and rural.

Speaker 3 (30:21):
News talks had been.

Speaker 2 (30:22):
Seven past seven. David Seamore's had a big week. The
charter schools law got past and now another move around.
True and see the star scheme is coming, stepped attendance
response scheme. Five days, we ask a few questions. Ten
days a term we have a meeting fifteen. He comes
to the Ministry Associated to Education. Minister David Seamore's with
us very good morning to you, Good morning mate, and
ironic today that they're on strike for the climate again.

(30:44):
So what should they do under the rules. Would this
be one of the five days you didn't turn up?

Speaker 16 (30:49):
Well, I'd urged the schools to mark this as an
unjustified absence. I know there's been examples in the past
where teachers have actually tried to say that going on
the school stripe for climate is somehow a useful academic
exercise that actually worries for two reasons. One is that
to the extent you're worried about climate change, for people

(31:11):
to keep their living standards and amit less, we're going
to need a huge amount of science. So a good
place to learn that is actually school. But second of all,
I'm increasingly worried about the amount of anxiety young people
have by being told that it's all hopeless and school
strike for climate seems to say it's all terrible. Last

(31:32):
time I saw our kid on TV say I'm literally
going to die from climate change, which is possibly a
misuse of literally, but it speaks to the fact that
they've been taught hopelessness and actually kids be much better
at school learning the kind of knowledge that will help
the next generation sold a technical and scientific problems.

Speaker 2 (31:52):
Indet So what's your biggest battle with parents of the school?
If the school for today, for example, doesn't mark them adsine,
that's on the school. What do you do about the schools?

Speaker 16 (32:02):
Well, ultimately we just get the data.

Speaker 8 (32:05):
You know.

Speaker 16 (32:05):
I'm not neither meaning nor the Ministry of Education are
going to go and stand over, you know, every office
lady in every school in New Zealand and make sure
that they're marking the right letters. So, you know, some
of the smike is that the government has a role,
But the point of the star system is it actually
sets out that the.

Speaker 12 (32:25):
Schools have a role.

Speaker 16 (32:26):
So I'm saying it right now, you know, please take
this seriously. The government has a role coming in with
more prosecutions and more support for schools. The parents have
a role, and students have a role, and ultimately it's
a huge problem for New Zealand, not one that we're
thrilled to have inherited, but we're determined to fix and
that's going to require all four of those actors having

(32:48):
a role to play at each step of attendance or
non attendance exactly.

Speaker 2 (32:53):
So when you mix that in with your charter law
this week, do you feel that you're starting to make
a difference.

Speaker 16 (33:01):
Yeah, I think the government right across the board. Also
with the curriculum changes that Erica Standard is bringing in,
we're starting to restore the idea that New Zealand is
a place that has succeeded largely because we pass so
much knowledge from one generation to the next. And I
was at the celebration of Cami last night, the firm

(33:23):
that has just had a three hundred million dollar exit
to a US fire. Fantastic success. Mostly people in the
early thirties involved, but one of the people there actually
thinks the New Zealand education system because they've been able
to employ people one hundred and twenty people now who.

Speaker 12 (33:41):
Make that business work.

Speaker 16 (33:43):
And I think it's just a great reminder of how
an educated population can solve amazing problems. Interestingly enough selling
products to the American education system to help him out.
But you know, an unly educated population can squander great prosperity.

Speaker 2 (33:58):
Good to have a good weekend more the Associate Education
Minister eleven past seven, asking anything that you profoundly disagree with?
Now it was always coming, wasn't it. And here's your
next problem to need. A Dunein hospital was going to
get built for about one point four billion, then it
was one point eight. Now it could be allegedly three billions.
So the downscales on locals are Ropable Health New Zealand
Head of Infrastructure Delivery, Blake lepers with us. Blake, very

(34:21):
good morning to you, Mike Helly, Well, well, thank you.
It was it was unfair. This has a vibe about it.
This sort of has been coming, hasn't it.

Speaker 5 (34:32):
I mean, certainly this is a project that has been
incredibly challenging, as many big infrastructure projects are. And I
think you know, over the last couple of months people
to understand as we've been working through this process that
were some very real challenges. So I guess a bit
of sweet day to announce that to the public and

(34:53):
let everyone know what we are and what we've been doing.

Speaker 2 (34:56):
How does a build go from ten thousand dollars a
square meter to thirty.

Speaker 8 (35:02):
And I think this is.

Speaker 5 (35:05):
I guess one of the real challenges with Greenfield's projects,
and when we were trying to do something that that
was a bit different and quite aspirational.

Speaker 15 (35:14):
You know.

Speaker 12 (35:15):
It's certainly as we go through these business cases, we.

Speaker 5 (35:17):
Tend to learn more about the complexity of achieving what
we were trying to achieve, and those additional costs do
add up over time.

Speaker 2 (35:26):
But this is not your fault. You just work for them.
I get this, But can you, I mean, you just don't.
In life, let somebody go it's ten thousand woops, Now
it's not it's thirty without doing something profound about it
because something's gone wrong. There hasn't it. I get the
cost of living, I get inflation, all that stuff, but
things don't triple in price.

Speaker 5 (35:49):
And I mean this has been happening over a very
long period of time. We haven't gone from ten thousand
dollars a square meter to thirty thousand dollars a square
meter overnight and with yesterday's announcement. You know, this is
a project that that costs have been creeping up for
a long time. It has been through a number of
value management exercises as project teams over the years have

(36:11):
tried to make it work and you know in this
latest round, you know, late last year we were well
into the construction of the outpatients building. We were king
real price information on what it was costing to build
hospital level facilities in Dunedin and as we started to
see those costs coming through, we realized we started to

(36:32):
have a problem with what we've been estimating for the
larger impatience building and that's when we started to flag
concerns the government.

Speaker 2 (36:38):
Okay, is there any do you believe the three billion?
Where did he get that from?

Speaker 5 (36:44):
I mean, instead, if you add up all of the
costs associated with the facility, so you add up the
infrastructure cost, the data and digital which has been funded separately,
you look at the costs that we haven't yet worked
a fund associated with remediation and decommissioning of the old facilities,

(37:06):
car parking pathology that these issues have been talked about
in Tonedin for a long time and remain unresolved. The
connections with the university through what was intended to be
an inter professional learning center and the costs we were
seeing come in. Certainly, you know there was a world
in which this project could be heading towards those numbers.

Speaker 2 (37:27):
Okay, what's to prevent it going even higher and it
turns out to be a garden shed.

Speaker 5 (37:34):
That's what we're absolutely focused on now o ensuring doesn't happen.
Government's given us a very clear direction around what we
need to make the infrastructure component work for and that's
what we are now working to. We have that cap
we now have to find a solution that gets the
best possible facility for Dunedin and the Southern region with

(37:55):
that money we've got available.

Speaker 2 (37:56):
I wish you well with a Blake Leper at Health
New Zealand this morning, fourteen pasking Now, Mike, I'm on
a school board. I know it's not the same as
a council, but we're advised that if a vote on
something is tied, then the casting vote this goes to Hastings.
The casting vote from the chair should be for the
status quo. This is what the Hastings mayor should have done.
Should only change a policy if there's a clear majority

(38:19):
for them. Not a bad point. I appreciate it.

Speaker 8 (38:21):
Phil.

Speaker 2 (38:21):
Let's talk about the world of wearable arts in a
moment quarter past.

Speaker 1 (38:25):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at.

Speaker 2 (38:30):
B Liam Lawson about twenty minutes time making actually you
know fifteen minutes time seventeen past seven, the world of
wearable Arts underwe and Wellington the recond about sixty thousand
going to hit the capital over the next fortnite. Chief
Executive Meg Williams with us Meg Morning, Good morning. I
haven't been for a couple of years. Is it's still
as fantastic as it always was?

Speaker 13 (38:47):
Well, I would like to say that it's even best
because every year we set ourselves a challenge to raise
the bar. Yeah, we've got a fantastic show this year,
and we had an amazing preview run last night, so
i'd encourage you to come along.

Speaker 2 (39:00):
I are my technical guy, Glen a little bit upset.
He said, not enough local involvement versus international. Is international
crowding out the local?

Speaker 13 (39:08):
I don't believe so at all. We've got a really
strong local involvement in terms of New Zealand designers in
the competition, a really good mix. And I think, you
know whow. I've always had that international dimension actually from
very early on, in the early years, we had designers
visit us. Many have come over for Designer Day and

(39:29):
for the show, and our New Zealand designers love meeting
out international designers and it's all part of I think
that exchange that happens when creative people come together. In
terms of the show, We've got an amazing New Zealand
the creative team. Our show director Malia Johnson is one
of New Zealand's best artists. So I think it's a
perfect balance.

Speaker 2 (39:48):
Good is it in good heart? Not your specific event,
but the people who contribute to it. In other words,
you know, is the creativity still alive? Are the new
young people coming in looking to make great names for
themselves on the international stage. Is all of that vibrant?

Speaker 13 (40:03):
Absolutely so? First and foremost so. Our executive creative director
Brian Burke is based in Las Vegas, so I don't
know if you saw the Formula one opening ceremony in
Las Vegas, so that gives you a sense of the
kind of project that Brian's normally working on. So he
is working along with Malia to make sure that the

(40:23):
show that we bring here in New Zealand is really
well classed. And alongside that we have an amazing cost
of many young practitioners. As you say, our headline talent
this year to young incredible New Zealand artists Sean toa
poone Nikita. So it's an incredibly vibrant team. I'm very

(40:43):
proud to be a part of it.

Speaker 2 (40:44):
Good on you, make you enjoy it, appreciate it very much.
Make Williams out of the world of wearable arts. In
between that and the rugby Wellington is going to go off, Mike.
I'm sure the vast majority of Hasting's right players with
their nineteen percent rates and Chris will be reveling in
the addition of paid kids to the council, Mike, at
the risk of being judged, I heard Nichola Willis's speech
that he did need in hospital debate yesterday afternoon, as

(41:04):
andd did. I. It was pretty horrifying listening to the
former government's handling, or more accurately mishandling of the project.
We must remember this just because the Labour government once
said something would be built for one point four billion dollars,
doesn't mean it was ever going to happen. I cite
light rail, I cite the cycle bridge. I can cite
a faery program that started off at a few hundred
million dollars and ended up at well in excess of three.

(41:25):
So Labour doing the whole it's a disaster. It's a scandal.
Pull the other one. Seven twenty one.

Speaker 1 (41:35):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks AB.

Speaker 3 (41:42):
Mike.

Speaker 2 (41:43):
I taught Liam how to play drums when he was
at primary school in Pocacoi. He was very talented. Then,
isn't everyone a friend? Once you get to f one,
everyone's a friend? Hey, I used to take Limb to
the pub when he was four. It was fantastic. Times
seven twenty three, Time now to Marke the week little
piece of news and current events that it's more popular
than Wali day House for Christmas if you're a UK
Labor MP voting eight. Democracy is a wonderful thing, and

(42:05):
we have seen this week in new president for Sri
Lanka and the first vote cast in the American election.

Speaker 9 (42:10):
Tory four.

Speaker 2 (42:11):
I've just sold my car recently to help pay the bills.
Four times she opened her mouth and four times the
whole just got bigger our mood seven. Overall turns out
we're satisfied with our lots. That's say, this week not
quite as good as it has been, but still pretty solid.
Liam Wilson nine. It's one of the biggest global sports going.
There are just twenty at the top and a QI

(42:32):
we once again right up there. Hashtag dreams come true.
Fontira seven. What they are doing for farmers and by
connection to the rest of the country at a time
of real strife is not to be underestimated. Here we
fruit seven record value this weekend out So Fontira two
point zero basically work from home six. From the amount
of winging I've heard, you would have thought that we'd
been doing it since Victorian times and we've got no

(42:54):
idea how to turn up at the office like you
know each workday. David Seymour six.

Speaker 10 (42:59):
Shit, well, who do you think I am?

Speaker 2 (43:01):
Jesus most effective Polly of the week got charter schools
into law, crackdown on the teacher only days as well.
Boden Barrett's seven. Who doesn't love body being used to
his full brilliant potential eh Nzen diplomatic ranking two street
the lowly institute. Three countries in the region went backwards.
We were one of them. Two words for you, mahooter

(43:21):
and plane four year terms five. I mean we got
a little bit excited about the possibility of a vote,
but by the time Luxon turned up on here Tuesday,
it became fairly obvious, fairly quickly. He was thought bubbling
for now, So don't hold your breath. Transpower four. The
report stated the bleeding obvious. But the real trick now
is actually putting it right with the region and not

(43:41):
whining about the cost. And Tonya Watson six praise the Lord.
A CEO with a strong opinion on a controversial issue.
More please, discourse and debate is really a bad thing,
and CEO should not be afraid to get stuck in.
And that is the week. Copies on the website and
testing this week has shown that a few mix shredded
versions of marking the Week with methane on a nineteen
to one ratio, you get biomass that cows love asking

(44:06):
I'm a professional engineer. Mike dunedon hospital, You're quite right.
Ten thousand k per ten thousand dollars a square to
thirty thousand dollars a square It simply doesn't happen without
some atrocious project management and project leadership. Couldn't agree with
you more. I've got experience in housing. You know what
you get for ten thousand dollars a square meter, right,
for thirty thousand dollars a square meter two hundred square
meter home, six million dollar house. If I say to

(44:27):
you you can expect a six million dollar house, you
know what you're getting. If I say it's a two
million dollar house, you know what you're getting. It' suddenly
two million dollar house doesn't suddenly become six million dollars.
Somebody somewhere hasn't done the number. It's Mike. The dneedon
hospital to Barkle is yet another of many reasons why
this term of government would have been so much easier
to sit in opposition benches. Another cluster in terms of

(44:48):
handling the previous parliament, once again by Labor. I would
tend to agree with you, Kim, Tim and Katie after
right being a Friday morning for you, of course, but
the news, if you've missed it overnight about four am,
the smaller it was confirmed that Liam Lawson will be
a Red Bull driver for at least the remainder of
the season. There are six meetings to go. There are
six races plus three sprints, so it's nine races to

(45:11):
cement himself at the highest level of one of the biggest.

Speaker 9 (45:15):
Sports in the world.

Speaker 2 (45:16):
Liam Lawson, where his first interview anywhere in the world
post re announcement is with us in about five minutes.

Speaker 1 (45:41):
You're Trusted Home the News, Sport, Entertainment, Opinion and Mike
Mike asking Breakfast with a Vita, Retirement Communities, Life your Way, News.

Speaker 2 (45:51):
Togsad b Cody after being a Friday Mike. Taking into
account the relative lack of support from big name sponsors
or Daddy paying the bills, you have got to say
that Liam's talent is exceptional to achieve what he has
something as Keywi as we should all be very proud of.
Sean couldn't agree with you more. Tremendous money generally is
associated with He's got forty one people behind him, But
tremendous money is normally associated with success and f one

(46:12):
but he's done it through sheer talent. Morning, Mike, can
you ask Liam what is it about the Mount Wellington
Kart Club that produces such great talent that sees him Gartner, SVG,
Mitch Evans, Cassidy Bloomquist, Dixon Payne at the pointy end
of world motorsport. We might just ask him if we
get time. Liam Lawson is next twenty three to.

Speaker 1 (46:32):
Eight, the Mic Asking Breakfast Full Show podcast on iHeartRadio,
powered by News Talks.

Speaker 2 (46:39):
It'd be News Talks. It'd be twenty minutes away from eight.
So it's not like it hasn't been coming for a while,
and it's not like there haven't been the rumors and
the stories and the trials and the tribulations along the way.
But overnight confirmation that Liam Lawson has made it to
f one in his own seat, his own drive, his
chance to put himself into the history books in a
sport this country has played an outside role in since
names like McLaren and Hulme forged their reputation. So what's

(47:02):
it like to finally get the deal done? Liam Lawson
is with us. Good morning, Good morning, How are you
doing very well? Congratulations? How does it feel?

Speaker 6 (47:12):
Thank you? It's it now?

Speaker 17 (47:15):
Finally does sort of feel real? Obviously I had I
knew about it for the last sort of the last
probably two weeks, but until it's out there to the world,
it's it's obviously doesn't ever really feel set in stone,
and I couldn't tell anybody, So no, it's it's a
very cool feeling.

Speaker 2 (47:32):
Who told you? And how does it work? Does Helmet involved,
Christian involved? How does it work?

Speaker 17 (47:37):
It had been it had been the plan for a
long time now where this was sort of where it
was leading at least, or you know, obviously I had
a contract date that that needed to be sort of fulfilled,
so they basically it was always going towards this way,
and then a couple of weeks ago basically they told
me this is what was going to happen, and then

(48:00):
basically not long after that, it was basically set in stone.

Speaker 2 (48:05):
So yeah, have you celebrated?

Speaker 6 (48:10):
Uh not really, I'll be sound very happy, but.

Speaker 17 (48:15):
You know, it's it's it's six rounds left of the season,
so I've come in at a you know, difficult time.
It's going to be a very challenging point.

Speaker 6 (48:23):
Obviously.

Speaker 17 (48:24):
You know, all these guys have done three quarters of
a season now, so I have to try and try
and compete with that. Now at tracks that I haven't
done as well, so it's going to be challenging. I've
spoken to my parents obviously, spoken to everybody that's that's
been behind me on this journey, and it's very very special.

(48:44):
But we don't have much time to to really let
it sae. Can we getta get straight to work?

Speaker 2 (48:48):
So let me come back to the website of it
in just a moment. Mom and Dad must be absolutely thrilled.

Speaker 6 (48:54):
Yeah, they are, obviously.

Speaker 17 (48:55):
It's funny because when I when I found out and
I got to call everybody, the first sort of words
or the first things that they said, all of them,
including my dad, my mum and everybody, all the sponsors
behind me from from day one.

Speaker 6 (49:10):
I can hear the relief in their voice before anything.

Speaker 17 (49:12):
So it was an excitement or it was just pure relief,
which is also how I felt, to be honest, because
it's it's been obviously a huge journy and a lot
of people have put a lot into this, so yeah,
it's it's it's it was very exciting.

Speaker 2 (49:26):
For confirmation's sake. You've got till the end of the season.
You don't know for next year, Is that correct or not?

Speaker 17 (49:34):
Yes, that's that's correct, I've basically got to the end
of this season and then I'll find out more as
the season goes on basically, So yeah, at this stage
it's it's it's the six races.

Speaker 2 (49:46):
Plus the three sprints. Do you know what you need
to do this season to get to next year?

Speaker 6 (49:54):
I need to perform basically, I need to try and.

Speaker 17 (50:00):
Obviously showing my worth and air one and I would say,
do a similar job to what I did last year.
That's what's given me the shot now as what happened
last year. So I just need to do enough to
stay in the seat next year.

Speaker 2 (50:11):
Okay, tell us what you can, tell us what you can't.
But but I'm watching you last weekend in Singapore. You're
standing in the garage. You've got a microphone there and
some sort of ear piece. You're obviously talking to somebody
feeding them some sort of information about the car on
a weekend when Daniel Ricardo is clearly being sacked and
everybody knows you know that, they know they know that,

(50:32):
you know, how does that feel and how does that work?

Speaker 6 (50:36):
Not good? Honestly that you know.

Speaker 17 (50:38):
Singapore was definitely not an enjoyable weekends for me, just
because I obviously we all knew what was sort of coming.
And you know, at the same time, Daniel has always
been very good to me and in a lot of
ways when I drove last year and then even this season,
he's always been somebody that there's never been I've never felt,
you know, the sort of in competation with him or

(51:00):
anything like that.

Speaker 6 (51:01):
He never made it feel like that. So it's it's
not it wasn't a nice feeling.

Speaker 17 (51:07):
But obviously this for me is, you know, I get
one shot at F one, and it's it's come now,
and I'm obviously grateful for that opportunity, but I now
I need to take it with both hands. And at
the same time, you know, he's he's he said the
same thing to me, and and he said, you know,
you need to you need to make the most of it.

Speaker 2 (51:24):
So so so he struck me publicly anyways, being exceedingly
good about it. Has he been that way to you?

Speaker 6 (51:31):
He has, He did. He did a very good job
on the weekend.

Speaker 17 (51:34):
Honestly, I have a huge amount of respect for how
he dealt with everything, because you know, I can't really
imagine what that It's a similar position I was in
last year, but Obviously the guy is is a lot
more public, a lot more famous than I am, so
you know he's getting he's getting a lot of questions
and trying to sidestep those.

Speaker 6 (51:55):
He did a very good job at.

Speaker 2 (51:56):
So yeah, just going back in a little bit in time,
you did a couple of testing days, saw the Stone
and Monza in the last couple of weeks. Will they
make or break days the way some of these stories
were made out to be or was it all sort
of set in stone anyway?

Speaker 17 (52:10):
No, it was They were all evaluation days, and they
were designed to put lots of pressure on me. And
that was basically it was for you know, an event
like this where to throw me in a bit like
last year, throw.

Speaker 6 (52:24):
Me in mid season. They needed to know that that.

Speaker 17 (52:29):
You know, obviously I'd somewhat reformed. So they were definitely
evaluation days.

Speaker 2 (52:34):
I can't remember the documentary because I watched a couple,
but there's one there. You're sitting in a chair and
you were told in Singapore, in other words, this time
last year, having done what you had done in place
of Ricardo, there was no seat and you think, you
think back to that moment in Singapore, and then the
moment the other day in Singapore. You can't write that stuff,

(52:56):
can you.

Speaker 17 (52:58):
I know it's exactly a year, La say, you know,
I'll never forget that feeling last year that I had,
because you know, I just had sort of gone into
the week and just had my absolute best quality at
Q three and I got told then basically that that
I wouldn't be driving next year.

Speaker 6 (53:15):
And we obviously fast forward a year. It hasn't been
the most endurable.

Speaker 17 (53:19):
Year, but obviously I'm I'm I'm glad that that we
all stuck with her, and if anything, you know, I'm
better prepared now. There's so much to learn an F
one that honestly, even if you're not driving and you're reserved,
you're absorbing so much information that, yeah, it's it's going
to be a big step, But I'm glad we're stuck
in there.

Speaker 2 (53:39):
Last time we talked you, it was it was the
first time you were going to go into a season
not literally getting behind the wheel. Obviously that's changed now,
But do you feel closer to being able to get
into the car from all of some work and the
experience you've done. In other words, the leap isn't as
great as it might have been.

Speaker 17 (53:58):
I think, yes, potentially, but it's it's always a big
you know, it's always a big jump, so it's gonna
be it's gonna be tough to jump in Austin. I
haven't done before either, so even though I've done plenty
of SAM work, it's going to be it's gonna be
a big challenge. But I would say, you know, I
would say, and better prepared. Definitely more prepared this year

(54:18):
than I was last year. At the same time, it's
slightly later in the season this year, so you know,
as I said, these guys have done, you know, three
quarters of a season and there's nothing like Obviously, I've
been training like crazy all year to try and be
ready for something like this, but even the few tests
that I've done this year, it's there's nothing like being
race fit, and it's going to be it's going to

(54:39):
be challenging in Austin.

Speaker 2 (54:40):
Mind. You must have looked at Colo Pinto and look
what he's done.

Speaker 17 (54:43):
If he can you can, yeah with yeah, he's a
race in the past, and uh, to be fair, I
always raised him very highly and and I think it's
it's great that you know more of us younger guys
that are getting a chance because it's so hard to
break into F one and at least now there's a
couple of us doing it that hopefully it pushes more

(55:05):
teams to give young drivers opportunities.

Speaker 2 (55:08):
What's your experience on So you've got Austin coming up, Mexico, Brazil,
Las Vegas of course in the two Middle East races
to end the season, plus the sprint races. How much
experience have you got on those tracks?

Speaker 17 (55:19):
Only the ones I did last year, so the ones
I haven't done at Austin, Vegas, Brazil. Fortunately, I've done
a free practice session in Mexico once, so it's still
gonna be challenging, but at least I've driven the track
and then saying with Abb, I've driven it and in
formally one I did a free practice session there in

(55:41):
the Red Bull.

Speaker 6 (55:42):
So it'll just be those those tracks that I haven't done.

Speaker 17 (55:47):
But the tough thing about Austin is it's a sprint weekend,
so it'll be one practice session and then straight into
spring quality and obviously you know I'm.

Speaker 6 (55:56):
Going to have to try and learn as much as
I can in one session then go into qualifying.

Speaker 2 (55:59):
Well, are you ready for the off track stuff the
Eurostar now and we need to talk to.

Speaker 11 (56:04):
You a lot.

Speaker 17 (56:06):
I think I've luckily had a bit of experience with
it last year, so I'm better prepared for it. But
it's probably the one thing that us drivers don't really do.
You know, there's no real preparation for it. It's something
that you just kind of thrown into and we're doing
all this work to try and be as ready to
drive the car as fast as possible and try and
focus on just that. But as you said, the reality

(56:27):
is is a lot of off track attention and you know,
even in the last three hours I've been trying to
sort of keep my mind off a little bit, but
my phone's absolutely exploded and it's something that's after get
used to.

Speaker 2 (56:44):
I'm not surprised. What's your assessment of the car and
what you can do with it for the rest of
the season.

Speaker 17 (56:49):
It's been I think where we started the year was
really strong, the car was going in a really good direction,
and then as the upgrades came, the other team's developed
quite quickly and the stuff we we're developing quite often
what works in theory doesn't always work on track and reality,
and it was kind of what was happening, so but
I think now we're in a more upwards swing. Singapore,

(57:14):
the car was quite strong and qualifying. We struggled in
the race, but we also have more upgrades coming for
later in the season, so it'll be similar to last
year in the way that we are pushing for every
point available and that's the target.

Speaker 2 (57:27):
Fantastic my I'm obviously on behalf of everyone who listened
to I assume you have some idea of how thrilled
we all are for you, and all we can do
is wish you the very very best. To know that
each weekend we're watching you, were following you and think
it's just magnificent news.

Speaker 17 (57:45):
Thank you, and to yeah, I mean to everybody listening
and to everybody's who's stuck with me for all the
years leading up to this, Yeah, thank you, because obviously
it's a huge journey and for me, this is this
is what I've what I've dreamed of doing since I
as a kid. So obviously now we have another mountain
to claimb going into the season and hopefully driving next

(58:06):
year as well. Hopefully this is the start of fall
on for me. But I just want to say thanks
to everybody because I appreciate it a lot.

Speaker 2 (58:13):
Fantastic Good to see you, mate, and go well and
we'll talk soon. Liam Lawson who is with us out
of the States this morning, good to have him with us.
Eight away from it.

Speaker 1 (58:23):
Called the Mike Costing Breakfast with a Veda Retirement Communities
News togs had been a.

Speaker 2 (58:28):
Great interview with Liam. Mikey is a great example for
many to follow. Quite right, what a brilliant example of
all our young people, an extraordinary young man. Yes, he
is no mention of a contract for Lawson for twenty
twenty five years. There was he's got a contract all
the end of this year, so they evaluate him. What
reading between the lines.

Speaker 9 (58:44):
What that is.

Speaker 2 (58:45):
And there was a story that Ricardo may be held
in the pool just in case, so he hasn't been,
which dovetails into the possibility that Perry's us out either
at the end of Mexico or he retires at the
end of the season. So there's the red Bull opportunity
for him there. But basically it's like all of these degals.
They give you the seat, they give you the opportunity,

(59:07):
and they say get your head down and start going
for it, and.

Speaker 9 (59:10):
If you perform, you do well.

Speaker 2 (59:12):
If you don't perform, you end up like the Freeze
and Sergeant and Ricardo, and so it goes. It's a
tough sport, but that's what happens at the elite end
of it. Mike. I remember your first interview with Liam
Lawson a round four years ago. I think he came
across extremely well on the radio. Maybe you're in the
wrong game and should shift to talent scout. It so
nothing to do with me, believe me, He's been on
a path to success many many years before. I sort

(59:36):
of took an interest in F one. I mean, the
irony is my love of F one came from Brendan Hartley.
And so that's a half dozen years or so ago.
And now we've got another flag flying at the highest level.

Speaker 9 (59:46):
Of the sport.

Speaker 2 (59:47):
And when you look at the history that New Zealand
has and F one, it's just it's an amazing day
for him and his family and all his backers and
for the sport. Tim and Katie they will do the week,
given it's a Friday, the news, which is next you're
a news talks.

Speaker 9 (01:00:02):
Ed by.

Speaker 1 (01:00:08):
The newspakers and the personalities the big names talk to,
like Costing Breakfast with the Jaguar f bace cut from
a different class.

Speaker 3 (01:00:18):
News Talks edb.

Speaker 2 (01:00:34):
Unusual. We need to say that I quite long. It's
doing a good, big post.

Speaker 9 (01:00:37):
I've met someone I was expecting at all.

Speaker 12 (01:00:38):
I thought you were going to hate it.

Speaker 2 (01:00:39):
It's not a bad beat.

Speaker 8 (01:00:40):
It's gone.

Speaker 9 (01:00:41):
You may find that. It's had to believe it.

Speaker 10 (01:00:43):
Sometimes I just play some stuff because I think you're
going to hate it, just trying to get a reaction,
and this has been really disappointed.

Speaker 2 (01:00:49):
Jamie x X, which is no relation to Charlie x
y Z or whatever Charlie's names, was a Charlie Charlie
x c X, Charlie x c X and Jamie Jamie
XX was inpacted part of the band the XS or
XX the band XX. So I don't know whether Jamie
took the XX when she left the band, or he

(01:01:10):
left the band, or whatever Jamie is at the moment,
but I've got for you. It appears to be Jamie's
second album, sophomore. As they say in the industry, it's
a bit slightly annoying, isn't it. It's not really twelve tracks,
forty four minutes.

Speaker 1 (01:01:30):
A week in review with two degrees bringing smart business
solutions to the table.

Speaker 2 (01:01:35):
How many we got We only got one? Okay, Caddie's
with us, Caddy, good morning.

Speaker 18 (01:01:41):
Good morning, hey, congretes on a fabulous interview with Liam Lawson.
I know you're excited because you've got to speak to him.
And while I would love to stay in chat, as
you know, we've got a house full of builders and electricians,
it's all got's a bit noisy here, and I do
understand Sammy's organized just a wee surprise for you to
take my place. So I think walking into this any
moment should be a little treat for you in the

(01:02:02):
audience for after eight.

Speaker 2 (01:02:03):
So good luck with that, no frickin' way. How exciting
is that? Oh that is made migneficent.

Speaker 9 (01:02:22):
Her bring it in. I've missed you. I worry about you, exactly,
a man of your age, come.

Speaker 2 (01:02:32):
And have us see just sorry, sorry, what was your
name again? Oh David Williams? I remember now remember Kate's
but not you? No, exactly do you want to? We'll
get them some headphones because Katie will want you. No, no, no, Kate,
Katy is on the machine and it's still marriage. Oh
she's gone. Also, were just on the whole segments off,

(01:02:52):
it's just you and I still married, still married, very happily.

Speaker 9 (01:02:56):
There was a look of terrible sadness in her eyes
when I saw her.

Speaker 2 (01:02:59):
Is that a tom for it is?

Speaker 9 (01:03:01):
Actually?

Speaker 2 (01:03:02):
You know that's how I can do.

Speaker 9 (01:03:03):
It's so relatable. Yeah.

Speaker 2 (01:03:07):
Do you know how long has this been set up?
Because I was asking yesterday, I said, I said, what's
going on with Williams? I said, how is he's not done?

Speaker 9 (01:03:16):
What's bok?

Speaker 2 (01:03:18):
How come he's not in the How can he's not
on the program? Because you're here tonight for a show
tonight and you've got your thing over the weekend as well,
Friday and Saturday.

Speaker 9 (01:03:25):
We've been working on this for years. The surprise, well,
they wanted a surprise because I think they know that
you have a really huge crush on me. Yes I do,
and that it would be exciting for you. And if
they told you in advance, you know, you might get
just a bit too jittery.

Speaker 2 (01:03:43):
You know, it's probably it's probably true. I don't know,
it's been It's been a very exciting morning for me.
You won't know, You won't know the name leam Law.
You don't follow. If one do you formula? I went
to Silverstone although you actually but I did. I don't
really follow it that much, but I went to Silverstone
because and who's a New Zealander. He's just been appointed
this morning for one of the Beacup for the Red

(01:04:04):
Bull racing teams. He's got his own seat, so he's
we've been following him, so we had him this morning
as a world exclusive Post Urban.

Speaker 9 (01:04:12):
Okay, well enough about him. Yeah he needs any promotion.
He seems to be doing fine.

Speaker 7 (01:04:17):
He is.

Speaker 2 (01:04:18):
And then now now you may, I know, look at us.
It's incredible. We were watching When I say, we're mainly
my wife because she's on social media, we were watching
you the other night in your Australian tour. Yeah, seems
to have gone down extremely.

Speaker 9 (01:04:31):
Yeah, it's been great. It's been fantastic. I've been in Australia.
Starts off in Sydney and been touring around. So right now,
as your listeners will know because you're in Auckland, I'm
in Auckland also and at the Kiri to Kanawa Theater
tonight tonight and tomorrow we so and also I'm doing
two children shows tomorrow, yes, well children Family eleven am

(01:04:53):
and three pm anyway. But basically I've been so so
popular in Auckland that we added show tonight. Is there
anyone who can't get into tomorrow night can come to?
Are you going to come? Well, of course when you're
going to come.

Speaker 2 (01:05:07):
I can't remember, because I think it's to.

Speaker 9 (01:05:11):
Know what's happening tonight.

Speaker 2 (01:05:13):
You have no idea how missing my domestic life is.
I think we were coming tomorrow, but then we rang
them up and see can we come tonight and they
say there's a cancelation policy and a fee. Associated really
didn't get free tickets? I didn't, Well, no, because that's
my other thing. She said, what if he gives us
free tickets? I said, Williams is not that sort of person.
He's tight.

Speaker 9 (01:05:32):
That's not true at all. I like I like making people.

Speaker 2 (01:05:35):
Because you said in London when we last met a
year ago, there'd be tickets for us, and of course
we've seen nothing so we had to pay for We're
right right up the front.

Speaker 9 (01:05:45):
You right, you're in the front row. I don't think
that the meet and greet me and greet you should
have done. There's something more you've greeted me. Well, some
people like to come and have a photo with afterwards,
because if it's a couple of thousand people, you can't
have a photo with everybody.

Speaker 2 (01:06:03):
No, that's true.

Speaker 9 (01:06:03):
And so some people come, which is very nice. Actually
to the family shows.

Speaker 2 (01:06:07):
How do you handle meeting I mean, you're you're a natural,
but I admit people who aren't naturals with people you know,
and they get hullo because people get very nervous.

Speaker 9 (01:06:14):
Yes, or if you were say a K pop band,
apparently the person having the photostache and doesn't stop walking.
It's something telling you. They just stand still and you
kind of walk and at some point when you're passing them,
we're just chat to everybody. That's really nice, isn't It's
really nice. Yeah, and everyone's got a kind of different story. Also,

(01:06:37):
I me and Matt Lucas toured Australia in two thousand
and seven. We didn't come to New Zealand, which was
remiss of us. So actually in this show this will
be because I do some little Britain characters on stage.

Speaker 2 (01:06:49):
Oh brilliant.

Speaker 9 (01:06:50):
Yes, and and it will be the first time ever
done these live on stage. Was quite exciting. But yes,
so we we came to Australia and what the point
the story was. There was people who came to see
us in two thousand and seven who were in the audience,
including there was a joke where Matt as Marjorie Doors
the Fat Fighters lady get someone out of the audience

(01:07:10):
at the end, gave them a T shirt. But it's
like a massive T shirt enough for like fit three
people in going there. You are, darling, You've got a
T shirt might be a bit tight for you, you know.
And these women turned up wearing the T shirt that
they'd got into. Yeah, I mean I'd have thrown it
away by now because it takes up a lot of
space of the wardrobe.

Speaker 2 (01:07:31):
Hey, listen, I've got to I've got to go to
an a break are are you being pushed off to
somewhere else? Or can you stay?

Speaker 9 (01:07:37):
I'm not being pulled off?

Speaker 2 (01:07:38):
No, just can you stay.

Speaker 9 (01:07:42):
Very early?

Speaker 6 (01:07:43):
It is?

Speaker 2 (01:07:43):
Can you can? Can you stay for a moment, stay
the entire show?

Speaker 9 (01:07:48):
I can stay for your entire lifetime? Me you and
Kate making a go of it.

Speaker 2 (01:07:54):
Fantastic. More from David William shortly fourteen.

Speaker 1 (01:07:56):
First Day the Mic Asking Breakfast Full Show podcast on
I Hard Radio, powered by News Talks.

Speaker 2 (01:08:03):
It be it as seventeen minutes past date, David Williams,
is our surprise?

Speaker 6 (01:08:08):
Gift? Is it?

Speaker 2 (01:08:09):
As it turns out?

Speaker 9 (01:08:09):
The swan wonderful surprise?

Speaker 2 (01:08:11):
It is a wonderful surprise. Did you sell your house
by the beach?

Speaker 15 (01:08:16):
No?

Speaker 2 (01:08:16):
Oh, you haven't sold it?

Speaker 6 (01:08:18):
No?

Speaker 9 (01:08:18):
Why should I?

Speaker 2 (01:08:19):
Well I thought it was for sale.

Speaker 9 (01:08:21):
Well why are you buying it?

Speaker 2 (01:08:22):
Well? Just funnily enough, we talked about it because it
was a beautiful Where is it? Tell me where it is?

Speaker 9 (01:08:27):
Can we not talk about where I live in Brighton
in the United Kingdom? And it looked beautiful? Yes, well
I thought you were selling it. Well, I was thinking
about it. But there's tours going well, so I don't
have to.

Speaker 2 (01:08:46):
Attacks exactly how much of your show? Once again, we
were looking at this the other night on the old
social media. So how much of it's made up spontaneous?

Speaker 9 (01:08:56):
Well, the thing is, obviously I've got my funny story
is that I'm pre they're all you know, I thought
about what they are and I'm telling them because over
two hours doing a show, you've got to deliver, so
you know, it's not all just made up on the spot.
But at the same time, the audiences have been so
great in Australia, and I'm sure they'd be even better
in New Zealand. Is this will give you permission to

(01:09:19):
kind of I don't know, what would I say, just
kind of push it further and further and further, and
just be spontaneous, because as once you've got a room
full of people all laughing, you feel like you're kind
of surfing those laughs as if they're waves. And then
all of a sudden you've I don't know, you just
grow in confidence and you feel you lose any inhibitions.
And so the shows have been getting better and better

(01:09:41):
I think, but you know, partly you just feed off
the the audience and obviously I get more relaxed and
so I kind of can be funnier and everything. So
so yeah, it's been it's been great. And as I
was saying when the news was on, or was it
an ad break, I break? You know, it's been really
restored my faith in that in in sort of performing comedy,

(01:10:02):
just because the audience have been so good. I felt
like I felt like, oh, yeah, when we all get
together in a room, what we really want is a
laugh and we shouldn't worry. And you know, and it's spontaneous.
I've been saying pretty rude things.

Speaker 2 (01:10:15):
That was the concern for my wife, because she's married
to you, is that she doesn't want to be sitting
up the front and you, I would would do to you?

Speaker 9 (01:10:29):
What would you like it? You're not like the kind
of man who'd like attention. No, what are you going
to be wearing tomorrow night?

Speaker 2 (01:10:38):
I don't know, sort of like this, something similar, very trendy. Yeah,
she would you like to be part of No, I
don't want to be part of why? Well, because she
doesn't want to be part of it.

Speaker 9 (01:10:49):
I don't.

Speaker 2 (01:10:49):
I just want to enjoy your telling.

Speaker 9 (01:10:50):
Me well so, But there is a point, there is
a part of the show where people get to ask
me anything they want, And that is the part of
the show I actually enjoy the most because I know
I've got to think at my feet, Yeah, come up
with something in the spur of the moment, and then
the audience know that this is a completely spontaneous thing
that hasn't happened another night.

Speaker 2 (01:11:08):
Has it gone off the rails yet?

Speaker 9 (01:11:10):
I got a great question for this. Girl says, ah,
my mum actually bought the tickets, but then she couldn't
come in the end. So I'm twenty one. I just
have a question for you. Who are you?

Speaker 8 (01:11:26):
I love it?

Speaker 2 (01:11:27):
Hey, listen, thank you. You won't believe this, But was
it yesterday? It was yesterday in that very room next door.
I said, you were the nicest person I've ever met
when I was have been on the road during tours
and stuff, and there was another Graham Norton. You remember
Graham Norton. Oh yeah, but you were nicer. And I

(01:11:48):
said that in front of me in Donald Trump.

Speaker 9 (01:11:51):
I've met a lot of nice people.

Speaker 2 (01:11:53):
All the nice people, and I said, you were the
nicest person I've ever met.

Speaker 9 (01:11:56):
Well, I wish I could say the same. Yes, but
why lie only you can't lie about these things. You're
one of the nicest, You're one of the top sort
of thousands. Well you are very nice, don't very well?
So you're going to come and see me the which
you don't want to let your listeners know.

Speaker 2 (01:12:18):
It's not there.

Speaker 9 (01:12:19):
They'll be a riot.

Speaker 2 (01:12:20):
I don't know.

Speaker 9 (01:12:21):
The police will have barricades.

Speaker 2 (01:12:25):
Anyway.

Speaker 9 (01:12:26):
Let him pass and he's very tight trousers. Uh yeah,
Carrie to kind of were theater tonight. It's still some
tickets availablecause we just added this. And then we've got
a kids show at eleven am, one at three pm,
and then I'll see you at seven thirty pm.

Speaker 2 (01:12:43):
Do you ever halftime?

Speaker 9 (01:12:45):
Yes, there's an it's called an interval in the theater.
Have you ever been to the theater? It's called an interval.
And in the interval you can buy a wildly overpriced
program or an ice cream fantastic, or you can change
your genes if you want, spray on a new pair.

Speaker 19 (01:13:00):
Goodbye, and I have to go, David Williams, Get out
of here, David will David, I'm wasting my time.

Speaker 6 (01:13:14):
Go.

Speaker 9 (01:13:15):
Don't forget they take the medication.

Speaker 2 (01:13:17):
Twenty two The.

Speaker 1 (01:13:19):
Week in Review with two degrees, Fighting for Fear for
Kiwi Business, The Mic Hosking Breakfast with the Jaguar Space
News Talks ND.

Speaker 2 (01:13:31):
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(01:13:53):
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(01:14:14):
to ninety nine, So stop paying too much with the
Chemist Warehouse ten signature. We were talking in the break,
David Williams. We're talking in the break. He wasn't convinced
that was a surprise, and he goes, you know how
it is, and you're expecting a surprise party, but you're not.
Somebody will have tipped you off, or you would have
suspected that was hand on heart. A genuine shock.

Speaker 10 (01:14:37):
I m'st assume because Tom hadn't turned out there where
they just grabbed him.

Speaker 9 (01:14:40):
Ever, was walking past.

Speaker 2 (01:14:41):
Well and it was his misfortune there and there it
was so tonight Tomorrow night in Auckland and just lovely
to catch up with him. That's why I was wearing
I'm wearing it's not a special pair of shoes. It's
just a different pair of shoes. Katie comes to me
yesterday and goes, you got to wear these shoes tomorrow
because they're super cool shoes. And I went, okay, whatever,
didn't think anything more of it. And he's come and
gone and he just didn't mention my shoes at all,

(01:15:03):
So al waste of time. That was news for you.

Speaker 1 (01:15:06):
Next the Breakfast Show you can trust the mic Hosking
Breakfast with Bailey's real Estate, your local experts across residential,
commercial and rural news togs ed b.

Speaker 2 (01:15:17):
I must say I have just found out with the
David Williams thing is that Katie new all week and
she's been dying at home not telling me. So to
hold something for a week is super special. Just to
regetterate if you're interested in Williams. Tonight in Auckland, Tomorrow
in Auckland, Monday in Wellington and Wednesday in christ Church.
And he's got a combination of the evening Show or

(01:15:39):
the book Show, depending on why you love David Williams,
but who doesn't love her mate's brilliant Twenty three minutes
away from.

Speaker 1 (01:15:45):
Nine International correspondence with ends and eye insurance, peace of
mind for New Zealand business.

Speaker 2 (01:15:50):
It's friending me game. Maryl's very good morning for you.

Speaker 6 (01:15:52):
Hello Michael, good morning to you.

Speaker 2 (01:15:54):
Negative gearing is this. We've had a capital gains tax
debate in this country for a good number of years.
The labor go to the Labor party, depending on what
situation they're currently in, they take a capital gains tax
to the people. The people reject it, they dump the policy,
they pick it up. They dump the policy, they're pick
it up. It's negative gearing kind of like the same
thing for labor Australia styles.

Speaker 11 (01:16:14):
Oh my word, Labor got over the line just at
the last election. The two elections previous, they were creamed.
Labor got creamed in no small part because it dared
to suggest reform of this part of the housing market
over here. A good many hundreds of thousands of Australian
families have one additional property as an investment. It's their

(01:16:36):
superannuation and they are trying to pay that off. About
thirty years ago that the tax rules were changed to
make it even more attractive to own an investment property.

Speaker 9 (01:16:47):
It's called negative gearing.

Speaker 11 (01:16:49):
If you don't make enough through rent to cover the
costs of owning that property, be it strata fees or repairs,
put a new kitchen in a new bathroom, you don't,
there's a significant tax break. Similarly with capital gains. There's
no capital gains tax on the principal residents of any
family in Australia, but there's a small capital gains tax

(01:17:10):
on investment properties. Now you dare suggest you put your
head above the parapet and suggest there's some need for
reform and you're going to get your head kicked in.

Speaker 2 (01:17:20):
Labor knows this.

Speaker 11 (01:17:22):
And yet Labour's thinking, Mike, is that maybe the political
temperatures changed. There's a huge chorus of young people now.
They are saying, listen, boomers, you've had your shot, get
out of the way. Some people own fifteen investment properties.
The kids are saying, we want to slice of the
action too, and so maybe Labor is going to go

(01:17:44):
with this again. Peter Dutton and his side have already
said you're out of your mind.

Speaker 9 (01:17:49):
We're not going to support this.

Speaker 11 (01:17:50):
You've also got this extraordinary scenario where the Liberal parties
and bed with the Greens to block Labour's plans to
build more housing. So it's a mess and it's such
a contentious policy. It's going to be a very brave
or very silly government that goes to the election with
this idea again, because it is absolute electoral poison in Australia.

Speaker 2 (01:18:11):
Another weird thing we contrast between here and there as
our universities are not doing what they used to foreign
student wise or anywhere close to it post COVID because
the way we handled COVID, You, on the other hand,
have been booming to the point where students from other
lands have become an immigration issue, hints, a housing issue,
hents and economy issue. Yes, suddenly universities get a cap
and I'm looking at the numbers here. The numbers that

(01:18:33):
say New South Wales University will lose are thousands, and
that's worth tens of millions of dollars, not to mention jobs, etc.

Speaker 9 (01:18:41):
Yeah, that's right.

Speaker 11 (01:18:42):
Look, international education is a forty billion dollar a year
industry in Australia, forty billion dollars every year. But the
government is listening to the complaints from the suburbs where
roads are congested, you know, rental accommodation and an absolute premium.
And why because well, next year it's going to be
limited to two hundred and seventy thousand international students at

(01:19:04):
Australian universities. That's a quarter million people. Well there's more
than a quarter million people coming in. But the universities,
the unis are screaming. They're saying, hang in a second,
what about our research, what about you know, jobs, and
blah blah blah. The fact of the matter is international
students are charged two or three or even four times
more than Australian students for the same courses.

Speaker 9 (01:19:27):
And that's where they make all their money.

Speaker 11 (01:19:29):
That's why vice chancellor of the universities get one and
a half two million dollars a year over here. So
the government is listening to the complaints in the suburbs
and it's getting hammered by the universities. International students are
also pushing back. Next year, the government is going to
cap these places. As I said, at two hundred and
seventy thousand, that's similar to the pre pandemic mike that
about twenty percent twenty five percent lower than in recent times.

Speaker 2 (01:19:54):
What I can't. So they come to and we sort
of had the same problem with visas and once you
get your great you get a work visa, student visa
cent but they've traded him with housing. You can't afford
a house. It's all the students. I mean, I don't
know that they realize how lucky they are and the
money you bring in, and it's just they've turned it
into something it never needed to be and they just
get so many losers out of I just don't understand

(01:20:15):
the logic behind it.

Speaker 9 (01:20:16):
That's politics.

Speaker 11 (01:20:17):
It's politics made.

Speaker 1 (01:20:18):
You know.

Speaker 2 (01:20:19):
Now, our friend Gareth yes garon Maude four in the morning,
possibly with a gash on his head, possibly not, possibly
a bit pissed, possibly not. Where does witness or this gut?

Speaker 9 (01:20:34):
This is the new South Wales Independent MP. He is
Gareth Ward.

Speaker 11 (01:20:40):
As you said, he's a very interesting fellow, very controversial fellow.
He's currently before the courts charged with sex offenses involving
young men. He's denied all of these, of course, but
he is something of a controversial figure in State Parliament anyway.
Back in July turned up allegedly turned up at Parliament

(01:21:01):
House in the early morning hours about twenty past four
in the morning, wearing socks, undies.

Speaker 9 (01:21:08):
And a T shirt with a gash on his head.

Speaker 11 (01:21:10):
Now the telegraph over here, the Murdock Paper's printed this allegation.

Speaker 9 (01:21:15):
He says, Hang on a second, I wasn't drunk. No, no,
there was no alcohol in my breath. His a version
of events is that he lives nearby.

Speaker 11 (01:21:23):
He has his own apartment nearby, about ten minutes walk
away from Parliament. He went outside to investigate a noise and.

Speaker 9 (01:21:29):
The wind slammed shut the door. So what does he do.

Speaker 11 (01:21:33):
He hasn't got a phone, He hasn't got any way
of getting back into his flat apart from walking up
to Parliament, getting the spare key out of his office
desk and going home again.

Speaker 9 (01:21:42):
That's his version of events.

Speaker 11 (01:21:44):
Well, it's been referred to the Parliament's Privileges Committee to
investigate because this guy has got some form. He was
also up before the Privileges Committee eighteen months ago for
an unrelated event.

Speaker 9 (01:21:55):
But you know, he is just this.

Speaker 11 (01:21:57):
Controversial figure who seems to attract a Lottionim Jim Chalmers
is in China.

Speaker 2 (01:22:02):
What's the discussion and vibe around China? I mean, I
know the Central Bank this week threw a bit more
resource into the economy to try and get them back
to life. But we've got troubles with them, as in DUS.
What's Charmers having to get out of it?

Speaker 11 (01:22:13):
Well, what's upon a time if America sneezed Australia a
cold Well these days, of course it's entirely changed a
China was Australia's biggest customer in terms of the resources
that we sell coal, iron, ore principally, and China is
in the middle of a big slow down. The property
market's completely tottering unsustainable in China. Here's a figure off

(01:22:36):
the front page of one of the papers this morning.
One percent drop in Chinese GDP growth will hit Australia
to the trend of between six and seven billion dollars
in the next financial year. And that's big money that
Australia can ill afford to lose. So Jim Charmers has
gone up there busy shaking hands and carrying on with

(01:22:58):
the man in charge of China's individual five year economic plans.
He's suggesting, I mean, we're only a minute ago that
China was banning Australian lobsters and coal and iron and
everything else because of that perceived snub from Scott Morrison
over COVID, all of a sudden they need us a
bit more and the prices of these commodities are falling.
But Australian still needs Mike to sell an absolute ton

(01:23:21):
of this stuff into China. That's what Jim Charmers is
trying to achieve.

Speaker 2 (01:23:25):
Well, good luck to him. You're gonna watch the AFL
Final this weekend?

Speaker 9 (01:23:27):
Yes, I will. Yeah, it's a big, big event.

Speaker 11 (01:23:30):
But before I die, I can't go down there. No,
But before I die, it's a bucket list item for
me to go to a one hundred thousand capacity Melbourne
cricket ground.

Speaker 9 (01:23:40):
I mean, that's just fantastic, isn't it? What a great
great event.

Speaker 2 (01:23:43):
To all right, go well this weekend? Preciating and Murray
olds across the Tessman. It's eight forty five.

Speaker 1 (01:23:50):
The Mic Asking Breakfast Full Show podcast on iHeartRadio, Howard
By News Talks.

Speaker 2 (01:23:55):
At be Morning, Mike's and Georgia Chat with David Williams.
Can you tell me how the students at the council
can vote even though they're not of age to legally
vote in an election? It's not a bad question actually,
because their vote carries weight and things happen as a
result of it. So they are allowed to do that,
but they're not allowed to vote in an election. I
hadn't thought about it that well. It's a very good
point Northern Express. I was very excited to read yesterday,

(01:24:16):
although somewhat surprised. I'm a big train fan, not necessarily
for commuting to work, but for seeing a country. And
if you look at places like certainly Europe, but North America,
particularly in Canada, the tourist train experience has exploded again
in the last handful of years and you can get

(01:24:37):
some beautiful trains and some beautiful places to go in
a comparatively luxurious and slow sort of way, where you know,
skylights and all that sort of stuff. Anyway, I've never
worked out why they if you're looking at rail in
this country, and I think I signed with New Zealand
first in general on the value of rail. And I
was listening to an interview with the head of main
Freight yesterday and they're ropable with the government at the

(01:24:59):
moment over the lack of a consultation on the fairies
and whether or not the fairies should be rail enabled
or not, and Peters argues they should be anyway on
that side of it. If you've got rails and tracks,
males will use them. So the northerner, which is your
Auckland to Wellington experience, they've just introduced a commercial kitchen.
There's going to be three premium carriages and there's going

(01:25:19):
to be meals on offer, and so it's an eleven
hour journey. You stop on the way, Tom Relui, tong
Arero and o'cuney and you get some beautiful food and
some roast chicken, and some fratatas and some Whittaker's Dark chocolates,
some Capiti cheese platters. I mean, it all sounds very good,
doesn't it. And what I couldn't work out is why
they haven't done this before. You know, if you come

(01:25:40):
to the country and you hop on a train, why
is it you just want to sit in some sort
of crappy little seat in a crappy little train go
from Auckland to Wellington when you could turn the whole
experience into something memorable, charged like a wounded ball. Of course,
because you know, the American dollar the euro goes along
one in this particular country and actually make that.

Speaker 16 (01:25:55):
I don't know.

Speaker 10 (01:25:55):
There was always a certain romance to getting off at
Temaranui and getting a pie?

Speaker 6 (01:26:00):
Was there?

Speaker 2 (01:26:01):
Back on again, I've never done that.

Speaker 10 (01:26:03):
Yeah, Mom used to ship me off to Nana on
the on the wasn No, No, Nana was in Hamilton.

Speaker 2 (01:26:08):
But you had to get off in Tamanu.

Speaker 10 (01:26:10):
Well for that, for for to get the pie.

Speaker 2 (01:26:11):
Read the pie? Yeah, and then back on back on.
How far down the line were you go?

Speaker 10 (01:26:16):
Well, we lived in Fielding and there were and they
were and.

Speaker 2 (01:26:19):
Could you get a train of Fielding?

Speaker 7 (01:26:20):
Well, that's the thing.

Speaker 10 (01:26:21):
There wasn't really a train station in Fielding, No, but
the train would stop to pick you up at what
you just decided? You just did have stood there and
this thing that looked a bit like a bush shelter.

Speaker 2 (01:26:31):
Wow, I know were is still going out west for
the doll as well.

Speaker 10 (01:26:35):
It's just it's how the kids stuff like that these days,
and they won't believe you.

Speaker 2 (01:26:39):
It's amazing. And you would like to think, Glenn, that
it wasn't that long ago. Wouldn't you even.

Speaker 9 (01:26:45):
Even seems like it seems like yesterday.

Speaker 2 (01:26:47):
It seems like yesterday. Nine minutes away from nine.

Speaker 3 (01:26:51):
Breakfast with Bailey's Estate News Talk.

Speaker 2 (01:26:54):
My trans Coastal and trans Alpine off a wonderful silver service.
But yeah, I know that. That's That's what I'm saying
is why would they make the norther I assume the
Northerner offered the same thing? Was my point. So you
know when you got that touristy type of train, because
I refuse to believe the Northern is a commuter type
train anymore. I mean, no one goes from Aukland to
Wellington and on a train, do they unless you're a tourist, Mike.

(01:27:15):
Appointees is a good answer. Appointees to council subcommittees can
be assigned voting rights by the mayor, but these appointments
can't be made to full council meetings. That remains elected
members only. So it seems weird still that a mayor
can go, hey, fifteen year old, you can have a
vote on the subcommittee, but you can't do it for
any other reason. Mike, We're going on the garden next
year six grand, four days and three nights, including accommodation

(01:27:40):
at Dalen Nadelaide. That's a pretty good deal, wasn't it
was that twelve thirteen hundred dollars a day, all inclusive.
I'd take a bit of that. Five minutes away from nine.

Speaker 3 (01:27:49):
Trending now with the House the home of Big brand cosmetics.

Speaker 2 (01:27:53):
Right, John, We've got this morning a spin off. It's
called bell Arena. It's about a young woman learning, as
you do, about the world of being an assassin.

Speaker 9 (01:28:03):
Do you like dans?

Speaker 8 (01:28:04):
I know a school where the cheach joses.

Speaker 9 (01:28:08):
To stop the assassin, you must become the assassin. Welcome
to the CONTINENTA.

Speaker 3 (01:28:18):
Eave macarlo, the best Coroma.

Speaker 9 (01:28:22):
What a pleasure to see you again.

Speaker 14 (01:28:28):
You're him.

Speaker 2 (01:28:32):
It's the one they called a Baba Yaga?

Speaker 3 (01:28:36):
How do I start doing what you do?

Speaker 8 (01:28:45):
Looks like you already have.

Speaker 2 (01:28:49):
Anna Diamas, she's the star. Ian McShane, Norman Ridis Keanu
reeves you haven't seen this documentary called On Once Again.
I can never remember Disney. I think it's Disney well Worth,
very very good. He's not very good, but the story
is good. But he's not acting in it. He's trying

(01:29:10):
to play an interviewer and he's not an interviewers.

Speaker 10 (01:29:12):
You know what I sting to think we need an
app like it's called HOSK Watch. Yeah, and because you
never know where any of these things are, it tracks
what you're watching and then people can just go on
the app and then it will then divert them to
the appropriate streaming service.

Speaker 2 (01:29:27):
The ball Arena. We don't know when it's coming out,
coming soon. I don't even know what that means. It'll
be this year, next year. Anyway, I'm off for a week,
as it turns out. I was thinking about canceling it.
Should I cancel it? I was just having such fun
that I don't really need to re feel like going
on holidays.

Speaker 10 (01:29:43):
And if you do that, can I go instead swap seas?

Speaker 6 (01:29:46):
Yeah?

Speaker 2 (01:29:47):
I wouldn't. I wouldn't be again in that actually anyway.
So if I don't turn up next week, I believe
Heather we'll be doing the business for us, so and
we'll see you in a week anyway, And if you're
away on school holidays and enjoy all of that as well,
but have a good weekend first and foremost. As always,
For

Speaker 1 (01:30:03):
More from the Mic Asking Breakfast, listen live to News
Talks at b from six am weekdays, or follow the
podcast on iHeartRadio.

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