Full Show Podcast: 29 August 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Setting the news agenda and digging into the issues. The
Mic Hosking breakfast with our Veda, Retirement, Communities, Life your Way,
news togs, he'd been.

Speaker 2 (00:10):
Well you welcome today, Tannavi, the Greens and Court. What's
that about the education Minister on my so few of
our kids seemed to be able to pass an exam.
Elise Andrews jro Provider tell us what it's like to
be a gold medal winner several times over. Joe McKenna
is in Italy and Inder Brady lines up the UK
for As says Pask from the first day, seven past six,
I tell you what you can see, the mumblings around
the future and why the mumblings around the future of

(00:31):
Chrishipkins's leader have started a labour. Have added to their
problems this week with a social media post from David Parker,
wittering on about his tax stream capital gains tax. Get
all those rich bastards lined up and raid their pockets.
It's a sorry old state they find themselves in the
power crisis of courses and the dea of sorts. The
cold hard reality of their policies have come home to

(00:51):
roost for us and haunt them I mean, you can
argue the same around the economy. I suppose in general,
their COVID approach three recessions and two years, a record
unmatched by anyone I can find. Is pretty damning for
a government that spent six years basically wrecking the place.
But the power is indisputable. We have no gas because
we haven't looked for any because they closed it down.
The lack of rain or wind isn't their fault, but

(01:12):
the frigility of the system is. And all the stuff
they said would happen to close the gap hasn't, And
the onslow idea went nowhere. And the simple, irrefutable truth
is as a result of a lack of supply, the
price is up and some people can't pay it, and
people are out of work. It's a series of very clear,
simple dots that can be laid directly at their doorstep.
It goes to credibility they have none, and now tax

(01:34):
if labor go to the next election, let me tell
you this for nothing. If they go to the next
election with a package of new taxes like capital gains,
they may as well not campaign. They will have a
twofold problem. One the recent memory of their performance and
government still fresh in voters' minds, and two a new
idea being we will tax you some more for good measure.
They will of course be facing a government that has

(01:55):
cut taxes and may well, if they're lucky, have an
economy with some real steam driving it. If Hipkins makes
it that far, his vision will seem so weird, so
out of touch, so ideologically mad. He will not only lose,
but quite possibly lose badly. So you can't hide your past.
You can hope that people forget, and time does help that.
But if more taxes their calling cout for twenty six

(02:16):
it's game over before it's even started.

Speaker 1 (02:19):
Who news of the world in ninety seconds.

Speaker 2 (02:23):
Speaking of labor, the new British Prime Minister is nothing
but not busy. Fallout from his budget's feet yesterday. Our
speech yesterday sees the Chancellor of this morning fending off
tax rise questions.

Speaker 3 (02:31):
We're going to have to make difficult decisions in a
range of areas on spending, on spending, on welfare and
tax We're going to have to make a series of
difficult decisions. But I'll set out that detail in the
right and proper way.

Speaker 2 (02:42):
Labour seen the same all over the world, don't they
While she's dodging these starmers left off to Berlin to
warm things up with the Germans and indeed widely Europe.
But I don't freak out about.

Speaker 4 (02:51):
Brixit reset with Europe, a reset with the EU. That
does not mean reverse seeing for exit or re entering
the Single Market or the Customs Union, but it does
mean a closer relationship on a number of fronts.

Speaker 2 (03:05):
Trust them on that. Also in the UK some concern
over power and how much people are and the cost
of putting a heteron.

Speaker 5 (03:11):
Our message to government is, if you are changing support packages,
are making them targeted, if we just need to make
sure that people aren't caught out on the margins of
that that we have good data for who's vulnerable and
we work together to share that data.

Speaker 2 (03:23):
And just before we leave the UK. Turns out a
lot of thick people were conned into believing the UK
border folk were a bit soft on drug so they
tried being a mule with suitcases of cannabis.

Speaker 6 (03:32):
In twenty twenty two we arrested seventeen cannabis cauriers coming
into our thoughts. That was one hundred and thirty six
in twenty twenty three and three hundred and seventy eight
so far. In twenty twenty four, the.

Speaker 2 (03:46):
War and the Israelis have gone into the occupied Whizz
Bank that.

Speaker 7 (03:49):
They believe that Iran is smuggling a large number of
weapons into the West Bank, but also because they say
that a number of attacks against Israeli troops as well
as civilians have been launched from these two cities.

Speaker 2 (04:03):
Then our old McDonald has done an interview with doctor
phil where he made a bit of stuff up about
being shot the Apollo.

Speaker 8 (04:12):
Look, they were weaponizing government against me. They brought in
the whole DOJ to try and get me. They weren't
too interested in my health and safety.

Speaker 2 (04:23):
So he's blaming Harris and Biden for getting shot. Finally,
Hong Kong's Education Bureau, they got a new sex education
plan modules called Adolescents and Intimate Relationships for Secondary Year three.
It is suggesting that teenagers go out to play badminton
together instead of having sex. Have you seen my Shuttlecock?

(04:44):
There's also a form titled My Commitment. It asks young
lovers to exercise self discipline, self control, and resistance pornography.
Funnily enough, there is some criticism that it might be
a little bit out of touch, but the bureau standing
behind it. Here's the world in ninety seconds. Used to
play badminton and New Glyn.

Speaker 9 (05:01):
I used to.

Speaker 10 (05:03):
Can't seem to quite manage it anymore, especially since I've
broke my.

Speaker 2 (05:06):
Shoulder and the badminton.

Speaker 9 (05:09):
Oh, we'll be talking about Bedmington.

Speaker 2 (05:12):
The people who do theme phones for Nokia these days, HMD.
They put out this morning Nokia branded phone, a Barbie phone.
It does take calls, it does take texts. It's a
flip design. There is no Internet, there is no social media.
It's all yours. One hundred and thirty bucks.

Speaker 1 (05:27):
Twelve past six, the mic Asking Breakfast Full Show podcast
on iHeartRadio, powered by News Talks.

Speaker 2 (05:36):
It be Warren Buffet's about to turn ninety four in
a couple of days. He's Berkshire Hathaway. Of course. Berkshire
Hathaway has now become the first company ever outside of
tech to have a market value of a trillion dollars.
Drinks a lot of Coca Cola, has a lot of cash.
Keeps it simple. Trillion dollars, Just like that. Fifteen past six.

Speaker 11 (05:55):
I have no money on my pne.

Speaker 2 (05:58):
Jmi wealth Andrew have very good morning to you. Yeah,
very good morning, Mike. Killed jobs. This is the IRD
wants the state of play. That's not great.

Speaker 12 (06:07):
It's been quite a like weak for economic data. Actually, Mike,
that does change it day we've got the release of
the same business outlook. Now there could be a bounce
and that sentiment might improve. I'm just not sure when
they received the responses to that, if they've received them
after the RB and said if they did, we could
see a bounce. But yesterday we got the latest monthly
employment indicator released from Stats New Zealand. So this is

(06:29):
called monthly filled jobs that sourced from ID numbers monthly,
so high frequency. The employment indicator fell zero point one percent.
Now the previous month it fell zero point three percent,
so you've got consecutive months of declines. The annual change
is minus zero point five. Now the thing we're seeing here,
Mike is a job loss is now being seen across

(06:50):
a range of industry. So you look manufacturing, retail, construction
weakness in those one that's old news. We're now that's
been going on for a while, but we're now extending
these losses into the service sector, so it's broadening Now,
the monthly employment indicator tends to be a forerunner of
what we see in the quarterly economic employment surveys. That's

(07:10):
where we get things like the unemployment rate from. So
it seems to be a good indicator where the unemployment
rate will go.

Speaker 2 (07:18):
There are no.

Speaker 12 (07:19):
Prizes for actually assuming here that it's going to go up.
It's just a question of quantum Look labor supply, Mike,
that's been going up as a function of high levels
of migration. So I've been importing people. That gives you
more workers. That supply impulses slowing as migration slow. So
if you're looking for some positive news on employment, that
is it, Mike. It has been an awfully long time

(07:41):
since we have seen this sort of weakness in the
filled jobs number. I had to look right through this
data yesterday. You've really got to go back to the
period right after the GFC to have seen this sort
of weakness and employment. I cannot see this metric improving
in the short term. You've got further cost out measures
in private sector, shrinking government payrolls, so we are unfortunately

(08:03):
still going to have worsening employment outcomes in front of
us for a little while.

Speaker 2 (08:07):
And jobs like, don't they are war worst Supermarket's not
just a result to all political these days, of course,
supermarket well yeah, exactly.

Speaker 12 (08:14):
So we normally don't highlight this because Walworths is not
a listed company New Zealand. But such as the focus
of cost of living pressures the focus on duopolies and
monopolistic behaviors, I thought we'd have a look. The Australian
parent company reported yesterday that report gives insight into the
New Zealand operations. So New Zealand Food, the New Zealand
part of walworth continues, as they say, to be materially

(08:37):
affected by higher wage costs and a value conscious customer.
You might recall supermarket workers all got a lift and
work of compensation and the business has said this was
going to hit their profit and it did.

Speaker 13 (08:48):
So.

Speaker 12 (08:48):
Wage costs have increased nineteen percent over the past two years.
That increases much higher than what they've seen in sales growth.
So this has resulted in a fifty seven percent decline
in normalized earnings for the New Zealand operation in the
tony twenty four financial yars, so they are under pressure.
Management suggesting will take some time for New Zealand to
recover to the returns that they believe the operation should deliver.

(09:11):
So on the face of it, even the much commented
and probably maligned supermarket dropoly is being hit by the
economic headwinds. In New Zealand, total sales did increase to
just have eight billion dollars. It's an enormous number, isn't it.
Normalized sales go to one point three percent. They did
see an increase in e Comma sales margins and decreased.
I would make the comment, however, Mike, if New Zealand

(09:32):
not going that well the parent company Australia, this share
prices actually went up yesterday because Australia the total result
to be analyst expectations over three point two too billion
of earnings. So look, there are some questions of how
does the transfer pricing work. I don't really know the
fact of the matter, as they are reporting lower profits
and under pressure in New Zealand, but they're still doing

(09:53):
okay in Australia.

Speaker 2 (09:54):
I need some numbers.

Speaker 12 (09:56):
Oh, give me those. So we're all sitting here waiting
around for in video. The all the financial markers are
on the edge of their seat waiting for video. Now
they're actually reacting fairly negatively. As we wait for that,
I think it'll come out just after eight o'clock our time.
The down Jones is now down three hundred and fifty
three points. It's forty thousand, eight hundred and ninety eight,
so that's down point eight five percent. The S and
P five hundred has now dropped more than one percent

(10:18):
five five sixty two.

Speaker 2 (10:19):
That's down sixty three points.

Speaker 12 (10:21):
But the Nasdak getting hit quite a bit harder, down
two hundred and eighty points one point six percent fall
so far. Seventeen thousand, four hundred and seventy four forts
of one hundred over night dropped two eight three, four
to three. The nick ay was up eighty three points
point two two percent. Thirty eight thousand, three hundred and
seventy one Shangho compost dropped eleven to eight three seven.

(10:42):
No rule move in the ASEX two hundred SA closing
mark zado seventy one. We gained nineteen points and the
ens the next fifty. Yesterday twelve thousand, four hundred and
seventy On the currency's key, we CA dollar against the
US continues to be reasonably strong points six two three
oh point nine too oh four against the ossie point
five five six eight euro point four to seven two
nine pounds ninety seven Japanese yeen gold trading at two thousand,

(11:06):
five hundred and five dollars. Breakthroughed is seventy nine dollars
and one cent. But yeah, and video is gonna Video will
set the tone for markets into the weekend.

Speaker 2 (11:15):
Let's talk about it tomorrow, coming in after the bell,
Andrew kellaher Jmiwealth dot Co dot and z Hosking. Lego
good news. It keeps on keeping on. First six months
revenues up to thirteen percent. They sold seven billion dollars
worth of Lego and six months. It's the Lego creator,
it's the Lego icons, it's the partnership with Epic Games
and Fortnite. They're doing well. Six twenty one, there were
News Talk ZBO.

Speaker 1 (11:36):
The Vike Hosking Breakfast Full Show podcast on iHeartRadio powered
by News Talks EDB.

Speaker 2 (11:42):
I FBI have just announced this is really the shooting
of Trump. They don't have a motive. Crooks didn't have
a motive. They've engaged or he engaged in detailed attack
planning that was well in advance of the rally. Investigators
still have an uncovered a motive online search histordone all
that cractice phone blah blah blah, valuable insight into his mindset. Well,
he was nutter, obviously, but not a definitive motive anger.

(12:04):
I put it down to the lot of if you
do the reading, a lot of angry young men in
the world these days, have a lot of very very
angry young men who want to be you know, go
out and the blaze with Gloria. I don't know there's
anything more sophisticated to it than that. Mike Ballsey move
Labour wanted to bring in a CGT. My understanding is
you have to make a profit to pay for that.
Under labor that would seem an impossibility. Very funny, Mike,
your friend Ginny was galling on the news last night.

(12:26):
It was almost like watching a Ricky Gervase inspired mock comedy.
There's a little bit of reaction to that, and I
thought there might be. As I saw it unfold last night,
I thought, Hello, here we go, Mike. Did you see
Ginny Anderson's disastrous interview on TV one last night citing
police data from two cherry picked months to claim police
foot patrols had been reduced than then what the same
data from a comparative months were prided to it. It's

(12:47):
if you missed it, you're in for retreat more shortly
six twenty five.

Speaker 1 (12:51):
Trending now with the Square House, you're one star for
Father's Day Fragrance.

Speaker 2 (12:56):
Well we go there. I got to tell you about
Netflix because they got monsters. The Lyle and Eric men.
The story are these are the brothers who of course
have killed their parents and an a parent bid to
get their hands on the family estate. The claim was
they did it out of fear that their father would
kill them. Anyway. Netflix are the latest to have a
crack at a dramatization.

Speaker 11 (13:12):
I need to know what's going on with you on
the boys?

Speaker 2 (13:15):
Are you men?

Speaker 11 (13:18):
I need to know. I don't want there to be
any more lies between us. I won't know anyone.

Speaker 2 (13:27):
It is old.

Speaker 14 (13:28):
It's I'm going to fix this family.

Speaker 2 (13:42):
This was ripped.

Speaker 11 (13:47):
It's trust us though.

Speaker 2 (13:52):
Everybody that reserve on they take the reverb off at
some point during I mean, who hasn't seen him in
India story Men's been done about nine hundred times, been
made this time Ryan Murphy, he was the creator of
the Jeffrey Dharma case. So see he's got a bit
of form in this area. So the Lyle and Eric
Menendez story drops September the nineteenth. If you can wait
these significant areas that they get last government cocked up

(14:16):
and everyone became frightened in the country. I think it's
more a country story than it is a city story.
But there is a tremendous number of farmers who were
deeply worried about councils just wandering on, locking on your
game and going see that over there. Something happened in
seventeen twenty one. So we'll need to circle that off
and you can't use it anymore. This government arrived with
somebody sensible like Andrew Hoggarden thought this was all stupid.

(14:36):
So we need to sit reset, get some boundaries in here,
and we'll have him on the program after the news
in a couple of moments. Then the super weird business
of Tara Court, who's paying for a lawyer? I offered
a ten dollar bet the other day. She said she
didn't have ten dollars. How can she afford a lawyer? Anyway?
More on that later as well. Here on the Myke
Hosking Breakfast the News talks. They'd be with the News is.

Speaker 1 (14:56):
Next, You're trusted of whose thought entertainment's opinion? And Mike
the Mike Hosking breakfast with the range rover villa designed
to intrigue and use togs, Hea'd be Mike.

Speaker 2 (15:09):
That was a resignation moment last night. We go back
to Ginny Anderson. All of Labour's current claims need to
be fact check. They're treating New Zealanders like idiots. It
was Trump like manipulation of the facts. The interesting thing
about it was Hipkins doubled down on it and he
claimed that you know the winter if you're not up
on the story. Essentially what they did it is December
and June. They compared the two. They said the cops

(15:30):
on the beat were down. They weren't. I mean, if
there's one thing that Mike Mitchell's been very very clear
about as he's putting more people on the street and
crime in certain areas is dropping and we're starting to
see some real progress. So they took December. What's unusual
about December. It's Christmas time, at summer time, so they
have more cops on the beat, middle of winter, et cetera.
So anyway, so she makes the classic mistake because of course,
what I suspect happened was they assumed that people wouldn't

(15:54):
check because too much in the media these days is
about press releases, and the media just regurgitates a press
release and they never ask any question students. Unfortunately, for
Labor yesterday that did happen, and they got caught badly out.
So she got caught out. I suspect. At the same time,
Hipkins didn't know she was caught out. He doubles down
with us. So if it's a resignation for her, it's
a resignation for him. There will be no resignations, of course,

(16:15):
but they've got to be on notice that that sort
of VS isn't acceptable. Bit more later, twenty two minutes
away from seven they've expanded the investigation in Italy on
the yacht. So we'll get the update from Joe mcanneth
for you shortly meantime. Back here more details for you
on our Significant Natural Area review. Three measures to be

(16:35):
looked at, how SNA's are identified, how they're assessed, and
the way the land has managed. Final decisions expected mid
next year. The Assassate Environment Minister Andrew Hoggard's with us
on all of this morning.

Speaker 15 (16:45):
To you, Good morning, Mike.

Speaker 2 (16:46):
Does this take the fear that we've seen in the
countryside out of what you're potentially going to do.

Speaker 16 (16:53):
Well?

Speaker 15 (16:53):
We'll certainly know once we get to the end of
the review that my intention would be it technitly works,
but also provides some clarity to councils that's in their
development of plans that this is all going ahead. We've
had some sort of messages coming back from councils the staff.
They're telling them that we're not sure if the government's
going ahead. Yes, bloody well are and so this is

(17:16):
make it clear. We've got the suspension that is through
with Minister Bishops r one bill that will be coming
back to the House shortly and so hopefully that will
all be enacted by the end of the year and
then we're doing this review will give us a much
better sense for the middle of the next year. And my

(17:37):
hope is that the yes is only pruly applied to
where it's truly significant, but too much of it's a
best of exercise and just grabbing whole swaves of farmland.

Speaker 2 (17:48):
Right, So when I get texts like this, Mike the
Murray claima cultural map overlays proceeding with speed here on
the way taking North O Tiger region, driving exclusively by
the local council, numerous petitions being stalled and ignored by
council stuff. They can rest assured that you are sending
the councils of the message, you're on board, you're moving
into tyhoe.

Speaker 15 (18:06):
These are two different things. Unfortunately, the on ols and
Sasen's which you just talked about, they don't come under
the MPSIB. So I'm working on the MPs Indigenous Biodiversity.
That's all part of the RMA Part six. Now we
could spend a couple of years tinker with that and
fix it. We're just going to get rid of it

(18:27):
instead and put something new in. So we will be
dealing with that through replacement on the ram with a
new system that's based on property rights. But it's not
going to happen straight away.

Speaker 2 (18:39):
Which leads me to then ask how tied up is
all of this with the Ramah.

Speaker 15 (18:45):
There is lots of it is a bit of a
bird's nest of all sorts of pieces of legislation here,
there and everywhere. So there's still CNA provisions under the RMA.
What I'm doing is fixing the National Policy Statement and
worth the replacement of the RM which Minister Bishop and

(19:06):
Under Secretary Court are doing. Hopefully we'll keep this that
through in this term and that will tie up those aspects.

Speaker 2 (19:12):
When I say Cultural Map overlay and you say RIMA
and SNA, and we're all sort of building into a
really big headache at this particular point in time. Does
all of this need to be this complicated?

Speaker 15 (19:25):
No? No, And that's how I hope we're going to
get to with replacement of the RMA. It's just something
much much simpler respecting private property rights. You know, we're
just let's manage the things we need to manage. We've
just made a hardpero complicated. DNA started off as a
very simple piece of legislation, a couple of hundred pages long,

(19:47):
and it's just ballooned out to one thousand. What labor
we're going to replace it with was also one thousand pages.
We've got to keep it simple, stupid.

Speaker 2 (19:55):
Okay, So then we come to the question are you
expecting pushback? And this is the sort of the Mari
Wards thing. Are you expecting It's all very well to
say here's what I'm doing. Are you expecting pushback from councils?
Are they compliant? And will they follow instructions and do
as they're told? And will what they do once it's
all in be uniform across the country or their own interpretation.

Speaker 15 (20:16):
You know, the feedback I've gotten from councils is can
you just make it happen? Some councils anyway, make it happen. Now,
I would think that what we're going to have in
place will be very much tidy this or up and
you know, basically allow this instrument only to be used
where it's really needed and it's actually significant. It's a

(20:38):
partner of conservation manage one third of New Zealand. If
we can't do some significant biodiversity within that one third,
why are we looking to grab tween hectares and hectares
or farmers here, there and everywhere? To me, that makes
no sense. So you know, I'd rather much. You know,
my focus is really about creating some market based solutions

(21:01):
for actually promoting farmers to engage and bodybsuly work. You know,
our farmers are pretty world leading in terms of what
they're protecting on their farms already restings of Australia. You know,
I looked at what they were doing there. You know
they may be ahead in the framework stuff, but what
set me on the ground amongst the farmers were miles ahead.
And you know we've got to respect that and actually

(21:22):
three our farmers with some respect.

Speaker 2 (21:24):
Well said Andrew Hogarp, the Associate Environment Minister with US
this morning standby, we're off to Italy seventeen to.

Speaker 1 (21:29):
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powered by News TALKSB.

Speaker 2 (21:36):
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(22:21):
c's apply R eighteen bet of course. Responsibly asking speaking
of councils and pushback, Northern Regional Council of the latest
to want to keep MA re wards, they will hold
a binding poll as part of next year's regional elections.
They'll probably lose. History shows us they lose, but at
least they're going down the democracy route. They also agreed,
and this is where it's trouble. That's why I asked

(22:43):
Andrew what I asked them. They also agreed to have
its chief executive explore the legal implications of the council
not holding a binding poll. Now, the legal implications are
you will lose, so stop wasting your time and everybody's money.
Thirteen Away from.

Speaker 17 (22:56):
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Speaker 2 (23:01):
Silly time join m Kinny. Good morning, Good morning mate.
So the yacht disaster we uncover that extensively last week.
It still continues on Cutfield won't answer questions and they've
broadened the investigation.

Speaker 11 (23:13):
That's right.

Speaker 18 (23:14):
There are now two other crew members under investigation, Tim
Parker Eaton, a British engineer, and sailor Matthew Griffiths, who
was reportedly on watch on the night that that luxury
yacht sank off the coast of Porticello. So those three
are really being targeted by the prosecutors. James Cutfield, the

(23:34):
New Zealander, now has two Italian lawyers who are advising him,
and some of the Italian reports are saying he's terribly
upset as you can imagine, and has even been in
tears during the interrogations.

Speaker 2 (23:47):
Yeah, I'm not surprised. How long does this knowing the
wheels of justice grind Philly slowly in Italy, how long
do you reckon all of this is eventually going.

Speaker 18 (23:54):
To take well, it could take some time, particularly because
the yacht needs to be selvage, it needs to be
brought to the surface. Before they do that, they have
to secure the fuel supplies to make sure there's no leakage.
That could take several weeks, and I'm going on what
happened with the cost of Concordia. You might remember back

(24:15):
in twenty twelve it took I think eleven months before
formal charges were laid against Captain Francesco Scatino.

Speaker 2 (24:22):
Okay, now Meloni's back from holidays. This where she's steering
into a camera doing the video. I looked it up immediately,
but of course she's speaking Italian, and my Italian's no good.
Therefore I had no idea what she was saying.

Speaker 11 (24:32):
Well, I just thought it looked a bit strange.

Speaker 18 (24:35):
She looked like she was coming back from a party,
and she started off by saying, hi here I am.
I'm back, very chatty, very lively, dressed in a beautiful
yellow shirt, with a big smile.

Speaker 11 (24:48):
But she did say I've been I've had.

Speaker 18 (24:50):
My batteries recharge, and I'm ready to get to work.
So she's got plenty ahead of her with a budget
and some regional elections coming up, so.

Speaker 2 (24:57):
She'll be busy, fantastic and then speak. We're having, interestingly enough,
the same sort of debate here regional autonomy, so the
government are looking at doing deals with local councils. They've
got no money, they want to do stuff. They go, well,
look you, if you agree to cap rates and do
all that sort of stuff, we can help you out
on some of the bigger projects. Is that the sort
of thing autonomy means in Italy.

Speaker 11 (25:18):
This is about regional autonomy. It's a push by the.

Speaker 18 (25:22):
Arguably wealthier regions in the north of Italy. They want
more control over their taxes.

Speaker 11 (25:28):
And where their money goes.

Speaker 18 (25:30):
And they're not really saying it publicly, but they don't
want their money and their taxes going to support the
poorer people in the south. What we're seeing is a
pushback from this federal move which has been approved in
the Parliament. Now the Campania region around Naples has filed
an appeal saying that this is illegal and so it's

(25:52):
far from over yet this fight.

Speaker 2 (25:54):
Okay, speaking of the South, you're getting some late summer heat.

Speaker 18 (25:59):
Yeah, we had a bit of a breather last week, Mike,
and now the heat waivers coming back in thirty five
thirty six degrees in Rome and Florence, and we've hot
We've got heat warnings for Thursday and many parts of
the country.

Speaker 2 (26:12):
Jee, And what can you report on your health? Joe?

Speaker 18 (26:15):
I notice you would think I was in the middle
of winter. I've got some sort of summer cold that's
been running around Rome.

Speaker 2 (26:23):
Dear, will you rest up? And well we'll look forward
to catching up with the next Thursday. Let's shouted very much.
Tim Parker Eaton, by the way, it's understood to have
been in charge. These are the blokes on the yacht.
Tim Parker Eaton's understood to have been in charge of
adequately securing the yacht's engine room and the operational systems. Meantime.
Matthew Griffith, he was on watch duty during the night,
so some questions to be answered there. Man away from

(26:43):
seven all.

Speaker 1 (26:45):
The my costume breakfast with these dogs.

Speaker 2 (26:49):
They'd be Will you give you an insight into what
happens to power prices When you've got the ability to
actually produce power at a reasonable level, Inflation goes down
and prices go down so astraightly. Yesterday inflation rate down
to three point five percent from three point eight, so
it's falling in the right direction. Biggest drop that drove
the low inflation prices was, of course they drop and
electricity prices. Let me repeat that. The drop in electricity prices,

(27:13):
they fell. Let me repeat the word fell by six
and a half per seat last month. And that's what
happens when you do it properly, Mike. I thought the
government was going to allow the voters to decide on
whether or not councils would allow non elected marriy seats
on councils. Yes and no. What they've done is change
the law. If you're not up on this is councils
can decide whether they won go to the people next

(27:34):
year as part of the local body elections. Some are,
some aren't, and if they're not going to don't want to,
they simply drop the seat. They will no longer have
a seat. So the government's given them the option work
it out for yourself. Either drop the seat or if
you insist on trying to have a seat, you've got
to go and ask the people. So that's going on
literally at the moment, which is why I'm trying to

(27:54):
keep you updated on an almost daily basis as various
councils decide, but not all councils go the same route,
so it depends on where you are. Five away from seven.

Speaker 16 (28:02):
Polly Ins and the outs.

Speaker 1 (28:04):
It's the fizz with business fiber take your business productivity
to the next level.

Speaker 2 (28:09):
You insight this wanting into our habits. When it comes
to mortgages and refinancing, we're shopping around, which is good.
Reserve Bank data this is shows the value of lending
that's refinanced by a new bank has gone up to
one point seventy five billion dollars in July. Now that
is the largest amount since at least twenty seventeen. It
accounts for twenty six percent of all new lending during
the month. So we are shopping around. You see this

(28:30):
whole ComCom report about no competition, follocks, We're out there
shopping around. And what's driving it is, Oh dear, what's
driving it? Well, according to the mortgage brokers, banks are
working harder to attract new customers with more than just
interest rates. I'm thinking that's called Now, hang on, what's
it called our competition? So we're talking about cash contributions,
furniture vouchers. More and more people are taking shorter term

(28:53):
deals as well, six and one month terms. I mean,
why wouldn't it at the moment, because you know what's
happening longer terms, so lock it up for a short
period of time, a year's time. Who knows where we're
going to be. June last year, fifty two percent of
mortgage debt was due to be repriced within a year
Dune this year, that's now risen to sixty four percent
because we're in a fairly fluid old head at the moment.
But that would, on the surface anyway, indicate that people

(29:15):
are moving about, shopping about, and there is some good
deals to be had, and that is what the banking
sector should all be about as opposed to the Commcom.
He says, we need to turbocharge key, we bank and
do all sorts of other weird and wonderful things. Andrew
get is one of the great legal minds of this country,
and we're going to need them because I can't work
Darlene Tanner out, can you? I mean, when Darlene rings
you up, if you're a lawyer and ghalla, it's Darlene

(29:36):
Tanner here. Do you go I'm busy at the moment,
or do you take the case. Somebody's taken the case
and they're off to court this morning for a review
into whether the Greens can have this meeting. She doesn't
want a party she doesn't belong to to have a
meeting on Sunday, and we're going to argue about that
in court. And you wonder why the wheels of justice
turned so slowly? Eh? Andrew Getters is after the news, which.

Speaker 19 (29:57):
Is next.

Speaker 1 (30:00):
The newsmakers and the personalities, the big names talk to,
like my costing breakfast with Bailey's real estate. Your local
experts across residential, commercial and rural news talk said be.

Speaker 2 (30:12):
Only seven past seven. Other twist in the Greens Tana saga.

Speaker 15 (30:15):
We are being.

Speaker 20 (30:16):
Careful about the statements that we are making publicly.

Speaker 21 (30:19):
The best way to minimize all further harm and any
further collateral damage is for Darling Tanner to take accountability
and responsibility and to resign.

Speaker 2 (30:27):
She's gone and applied for an interim injunction to stop
the party meeting this weekend. Asn't the Green Party. University
of Battago law professor Andrew geddis with us on this morning.

Speaker 13 (30:35):
Yeah, good morning.

Speaker 2 (30:36):
You might just work me through a layman's view of this.
She isn't in a party. How can a person go
to court to ask somebody to do something that they're
not even a part of that doesn't seem to make
any sense to me.

Speaker 13 (30:46):
Well, that'll be what they'll be trying to convince a
court text even listen to. So she's resigned from the party,
but she's asking the court to tell the party they're
not allowed to have a meeting where the party will
discuss whether or not she should be kicked out of Parliament.
I could only assume she's to ide something along the
lines or she says a right to natural justice that
she should be able to be heard at that meeting.

(31:08):
But that's a real stretch. I find it very hard
to see how she's going to make that stand up.

Speaker 2 (31:12):
Is this what you call in the Legal Fraternity novel?

Speaker 13 (31:16):
Yes, yep, yep, it's great. It's There have been cases
before where MPs have gone to court to try to
establish their cases in front of with regards to their party.
Winston Peters did it with a national party, but this
one where you're not even a party member and you're
challenging the party's actions. Never seen it before.

Speaker 2 (31:36):
Also, that we don't need a meeting to talk about
the walker jumping law because that's a parliamentary thing, isn't it.

Speaker 13 (31:43):
Yeah, exactly, So the meeting in the weekend is basically
the Greens giving themselves political cover to say hey, hey, hey,
the membership are happy for us.

Speaker 17 (31:50):
To do this.

Speaker 13 (31:51):
It's not actually a part of the legal process to
get it kicked out of parliament. So, yeah, she's trying
to stop it because without the meeting, the Greens don't
have that political cover. It'll be hard for them to
practically use the law. But in terms of actual legal steps,
it's not necessary.

Speaker 2 (32:06):
Could she if she can get to court about a meeting,
Can she get to court about a parliamentary move even
when that walker jumping law is and vote.

Speaker 13 (32:15):
That will be trickier for her because the actual parliamentary
side of it, the the giving of a notice to
the Speaker to actually trigger the law. Because that occurs
within parliament, it may well be covered by parliamentary privilege,
so the courts might actually be blocked from looking at that.
This might be her attempt to get something in front
of the court before it gets into the parliamentary realm.

Speaker 2 (32:34):
Okay, her chances are what apart from zero?

Speaker 13 (32:38):
Well, yeah, we lawyer loyally types are always very reluctant
to say never, But I would say virtually never. In
this case, I just can't see how she's going to
make this.

Speaker 22 (32:50):
Lily me neither.

Speaker 2 (32:50):
All right, appreciate your expertise, Andrew, get us with us
this morning, nine and it's past seven. Game Mike, come
out of miss this. But do we have a defendived
answer as to who's paying for Darlingtown as fast? No,
So the Greens are doing it pro bono. We're having
it done pro bono. Darlene's either paying it for herself
or they found a lawyer who will do it for nothing. Now,
got some big picture stuff from the government yesterday. Of course,
we are to have a National Infrastructure Agency. It'll bring

(33:13):
together partners and crownd the whole idea of some sort
of framework, thirty year plan all that. Northern Infrastructure Forum
Executive Director Barney Irvine with us on this Barney morning,
Good morning, sounds good, is it real?

Speaker 19 (33:25):
Yeah, Well, look it's still very much at the conceptual stage.
A lot of this and there's a lot of order
to flow under the bridge and a lot of detail
to be filled in there. But look, the key thing
for us is that it takes things in the right
direction in terms of, you know, taking us towards more

(33:47):
robust decision making based on outcomes rather than politics, towards
providing the market with the clarity and the consistency it
needs to see, and towards driving better, faster, cheaper infrastructure
delivery right across the board.

Speaker 2 (34:04):
Yeah. See, once again, that all sounds good. But the
difficulty I had, and Hipkins displayed it yesterday, is we
have a group of people who are diametrically opposed to
each other ideologically speaking on things like infrastructure in this country.
Unless you can close that gap, you're going nowhere fast?
Isn't that reasonable?

Speaker 9 (34:21):
Oh?

Speaker 19 (34:21):
Look absolutely? And you know therein realize the rub I
guess a couple of things, you know, give us a
bit of confidence with it, And one of those is
that this sort of approach has been been used off
offshore and overseas to do good effect in places like
Australia and the UK, and to an extent Denmark as well.

(34:41):
So you know what, why can't we at least, you know,
why can't we adopt that that sort of approach ourselves
and at least move things somewhat further forward. The other
comment I'd make is that you know, while we have
seen these these these big political divisions over infrastructure. I
don't think that's reallyct to the public mood. And I

(35:01):
think there's a lot more consensus among the public about
infrastructure and the vast majority of people just want to
see the governor of the day get on and do starts,
and so if the politicians tune in to that public mood,
I think that that that that that stands up in
pretty good stead to move ahead or to.

Speaker 16 (35:23):
Move in this direction.

Speaker 2 (35:25):
I like your optimism, Barney, go well with that. Barney Overn,
who's the Northern Infrastructure Forum, executive director of the Twelve
Minutes Past seven, flays me Michael descriptions can sound like
a big baby about Bishop's speech and by partisanship with infrastructure,
we won't do that, because yeah, that was what he
was saying yesterday. Well, the first thing that dam when
they got in the Pound, they cancel everything. So it's
got that and you've got to get across that hurdle.

(35:45):
That wasn't as big as problem. Yesterday's biggest problem was
Ginny Anderson, who just tried to deceive us all with
this business business of foot patrols. As far as the
police are concerned, the number of foot patrols is on
the rise.

Speaker 11 (35:57):
I don't agree with your numbers.

Speaker 2 (35:59):
So that wasn't the worst of it, because they got this.
This is old Benedict at tv I, who's built himself
up quite a reputation for being a bit pro labor,
but redeemed himself spectacularly yesterday. So it's official police data.

Speaker 23 (36:11):
Of course, just because we see a spike in crime
as not a sufficient reason to say that there should
be fewer foot patrols.

Speaker 2 (36:19):
So we tried again to point out that the foot
patrols are in fact up.

Speaker 11 (36:23):
I don't agree.

Speaker 2 (36:25):
And the best part about it was they held the
shot as she walked away from the microphone and she
was pissed off. Fifteen percent drop, she claimed between December
and June, numbers are actually on the rise, consistent seasonal
spike in numbers every December. So that's what she was

(36:48):
trying to pull the wool over your eyes with December.
It always goes up in December. It's Christmas holidays and December.
Hence it's up. Between December of twenty three and June
of twenty four, we've seen an increase of around ten percent.
Hepkins doubled down whether I don't think he knew at
that point should been caught out. So basically they were
lying to us, they were manipulating numbers, and it goes

(37:09):
it's one of a couple of things. Either they thought
that we couldn't be bothered looking and checking the figures,
or they hadn't checked the figures themselves, one or the other.
But fundamentally the problem is they got caught and they're lazy.
Fourteen past.

Speaker 1 (37:24):
The Mike Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at b HI.

Speaker 2 (37:30):
Mike Jinny's conclusions demonstrate why structured numerously is important. Very
good seventeen. Speaking of which, Erica Stamford, Education Minister after
seven thirty Tourism sector seventeen past seven Tourism sector, but
worried about this barrier to regrowing numbers post COVID because
the government currently considering the cost of our international visitor levy.
A couple of options out there. There's thirty five dollars,

(37:50):
fifty bucks, seventy dollars or one hundred dollars. Now the
claim is one hundred dollars could strip a quarter of
a billion dollars of visitors spending from the economy. The
Chief Executive of the Industry asciation Rebecca Ingram, is back. Well,
this Rebecca, very good morning to you.

Speaker 14 (38:04):
Good morning.

Speaker 2 (38:04):
Any sense of where they sit thirty five, fifty, seventy
or one hundred, I.

Speaker 14 (38:10):
Don't have a sense of where the government's assessing.

Speaker 8 (38:13):
What.

Speaker 14 (38:14):
What is the case now is that it's thirty five
dollars to day, So the international visibility is in place
at thirty five dollars and is delivering some benefits. My
concern is that it could be lifting as high as
one hundred dollars per person, and that, as you said,
would strip an enormous amount of money out of the
economy and our assessment what means in real terms, because

(38:35):
it's quite hard when you're thinking about really big numbers,
right tur hundred and seventy million dollars, what that actually mean?
What it's seven hundred and forty eight thousand dollars a
day of visitor spends that New Zealand might not be
the beneficiary of.

Speaker 2 (38:48):
Well, they would because doesn't it say it was one
hundred dollars. Doesn't a hundred dollars go into infrastructure for
the tourists and us all to enjoy.

Speaker 24 (38:56):
Well, when people are.

Speaker 14 (38:57):
Thinking about a holiday, thinking about affordable that holiday. One
hundred dollar IDL would go on top of the other
border fees and charges that visitors are paying. Recently, we've
seen visa fees go up, and so someone who requires
a visa coming to New Zealand and an IVL of
one hundred dollars would be paying five hundred dollars with

(39:18):
of visa fees and charges before they even spent a
dollar in New Zealand.

Speaker 2 (39:22):
How does that compare with other places? Are we expensive
at that level or not?

Speaker 19 (39:26):
That would be.

Speaker 14 (39:27):
Expensive And it also starts to put up barriers to
choosing New Zealand for the holiday. When people are thinking
about where they want to go on holiday, they're thinking
about all the different places in the world they've maybe
dreamt of going one day. They're tossing us up against
Switzerland and Japan and Canada and Australia. Then they're thinking
about their budget. Then they're looking at what they can afford.
And we think it's really important that tourism isn't disadvantage

(39:52):
by putting up barriers when those decisions are being made.

Speaker 2 (39:55):
Moore having said that, I was of the view until
I had Grant Webster of Tourism holding on. I was
of the view, look, if you spending a couple of
thousand dollars coming from Britain, right, and you're going to
stay in a hotel and you're going to eat out
every night, and thinking, well, what's a couple hundred dollars
for visas? And yet he argues it's material, and you
would argue it's the same. It's a barrier.

Speaker 14 (40:13):
It is material. It's when you are thinking about having
a holiday, you tend to have a budget. Some people
don't and it's lucky then, but most people do. And
when you're thinking about that budget, where do you want
it to be spent on experiences? How much money am
I going to have to do things to enjoy the
place I'm going to verse, border fees charges, translating visa content,

(40:39):
all of these things that are being put in place,
Suddenly other destinations might look more attractive to you. And
that's the thing I want is to be really mindful
of when these individual decisions are being made.

Speaker 2 (40:49):
Well argued Rebecca, appreciate it. Rebecca Ingram tourism industry a
boss with this year the Education Minister on the business
of how we can't pass exams in this country, and
Fonterra is up to something really interesting, Sir Miles Hurrell,
who runs one Terra of course, as with us before
eight o'clock as well. I'm particularly looking forward to Elise
Andrews after eight Cyclist of course seven twenty.

Speaker 1 (41:11):
The Mic Asking Breakfast Full Show podcast on iHeartRadio powered
by News.

Speaker 19 (41:16):
Talks It be now.

Speaker 2 (41:18):
Admin staff must get really tired of every second person
asking them, you know, where where's the lift or where's
the bathroom or how do I get out of the building.
So there's easy, fixed better signage solves that problem. Speedy Signs.
They're experts at this sort of stuff. It's not only
a wayfinding signage, of course that Speedy Signs can help with.
If you're like a fitness center, what about large format
images of superfit people. They're a great way to get

(41:39):
your clients inspired to exercise. If you're a school, how
about getting cultural artwork professionally printed and installed. Maybe your
business is open twenty four hours a day, so you'll
definitely need some signage that stands out in the dark
at night, like illuminated or eld the led signage. In fact,
whatever kind of signage. You need speedy signs there other people.
Speedy Signs have been around for more than twenty five years,
nearly thirty locations all over this beautiful country. So no

(42:01):
matter how big how small your business, they can help
people find you, and that's the important thing to find them.
Speedy Signs dot co, dot NZ or eight hundred Speedy
task eg TEM twenty four. We have I am reading
a green investment fund in this country. It's excited about
the money it's raised for solar energy. They work with
sub zero that's a provider to more than fifteen thousand systems.

(42:22):
The money has come from offshore. There are some very
big players looking to park their money into green stuff
these days. So so far they've raised three hundred and
sixty five million dollars. Now there's a key line that
if you're looking at this sort of thing objectively, you
would see as a bit of a red flag. See
these people hand out money for one a return on investment,
nothing wrong with that, and two their own institutional objectives.

(42:44):
Now that's trendy talk for looking good, for corporate green washing,
for the ability to say to shareholders or governments or
the public, learn us look at our commitment to the
new green future. Now, the problem with solder is it
looks increasingly like a mess. Nothing wrong with harnessing the
sun to keep you lights on, but have a look
at whom the panels. Have a look at the market
for panels. Have a look at how many companies are
falling over because the market is festooned with panels. Look

(43:06):
at the role the Chinese are playing. Look at how
much trouble even the Chinese are having keeping their businesses
open given how many panels they have made. Have a
look at the geopolitical tensions around a market dumping, the
collapse of pricing. Have a look at the markets like Australia,
who once paid you for your power from your solar
panel and now they charge you. And once you've had
a look at all of that, then come back and
ask yourself whether throwing hundreds of millions of dollars at

(43:28):
a sector and a certain level of chaos is actually
a smart way to spend your money. Bandwagons are easy
to get on. Group think is easy to be a
part of. And this is not to say solar isn't
a half decent idea, or that decarbonization isn't at least
a part of the future. But the world is full
of fools and their money, and they're easily separated. And
sometimes they are separated for the wrong reasons, and sometimes

(43:48):
they are separated because they Well, what you thought was
a sure thing is actually a bust. Raising money sadly
isn't hard, and that sometimes is actually the problem. Mike.
The levy won't have any bearing on a visitor's decision
to come to New Zealand whatsoever. Look at the current
tax you got to pay on your airline ticket leaving
the UK cost hundreds. The sort of tourists that's worried

(44:10):
about one hundred dollars is not the sort of tourists
we should be targeting, Mike. One hundred New Zealand is
fifty American or thirty pounds where cheap overseas for people, Mike,
I just came back from LA The hotel room charge
was one thousand dollars in New Zealand. On top there
was six different taxes and charges totaling two hundred and
sixty three dollars per night. That was my argument, But
I do about a people like Grant who's a tourism holding.

(44:32):
So I don't know I would have argued what you're arguing,
but maybe we don't. By the way, speaking of solar
and greenwashing, television program called Industry, if you've never caught
up on it, it's just dumped its third season here.
It's on Neon or Soho. It's pretty gritty, a lot
of sex, few drugs, but it's based on a trading
floor where people you know trade basically rich young palms.

(44:57):
Latest episode seems to be based on launch of a
green company who's basically full of it and all of
the corporate wealth that floods into the green market for
no particular reason other than it's a cool thing to do.
So it just dubtails him with what I was saying,
now to this business of NCA and the tests that

(45:17):
nobody can seem to pass, all the ones that do
very few of them. So the Education Minister Erica Stanford
with us on this directly after the news, which is
next on the mic, asking Breakfast.

Speaker 1 (45:28):
The Breakfast Show You Can Trust, the Mike Hosking Breakfast
with Veda, Retirement, Communities, Life Your Way News togs d B.

Speaker 2 (45:36):
Now just to explain one more time and getting it
a feedback on this mic is e can. This is
the Canterbury Council of Courses. E can denying voters. This
is the whole business of Marie Wards. The government changing
the law et cetera is e can denying voters the
democratic process on whether or not to include non elected
Maori seats. I thought we were living in New Zealand,
not a dictatorship. Now there's quite a bit of feedback
on this. I thought it was relatively clear government changed

(45:58):
the law. Previously. What had happened is that if a
council wanted to put a Maray ward or a Maori
seat in at the local council level, they did and
if you didn't like it, you could raise five percent
of the locals by way of a petition. If you
got that, you then had a vote. It was a referendum.
And when we traditionally had a referender in this country,
people have voted it down. In other words, they don't

(46:20):
want Marie Wards or Murray councils. Government has gone and
changed the law on that. To say to councils, if
you've gone and done that without a vote, you've got
to get rid of the seat. Or if you don't
want to get rid of the seat. You have to
put it to a vote like the old days, So
councils at the moment are deciding which way they want
to go now to save you your upset. If they

(46:42):
don't put it to the vote, the seat is gone.
They can't keep the seat and not put it to
the vote. If they don't want to put it to
the vote, there will be no more Maori seats. So
hopefully that cleans it up once and for all. Twenty
two away. At least Andrew's one of the stars of
the games, of course, are multiple medals, a couple of
them being gold. Andrews with us after eight o'clock Back
to school, back to the Education slog. We get more

(47:03):
results this week's scene to confirm the pass rate success
we aim for an NCEEA is proving elusive. The latest
results from the main tests more than half of the
fifty five thousand who took part and the literacy and
numeracy tests failed. Now principles say it might be time
for a bit of a rethink.

Speaker 21 (47:17):
Here.

Speaker 2 (47:17):
Education Minister Erica Stanford is back with us. A very
good morning to you.

Speaker 24 (47:22):
Good morning mate.

Speaker 2 (47:22):
The results as you look at them, disappointing or not,
of course.

Speaker 24 (47:26):
They're disappointing. They've been disappointing for a number of years.
In fact, a number of decades. I've been dropping. We
know that, and we've got to do something about it,
which is why you've seen me have my foot on
the accelerator recently.

Speaker 2 (47:36):
As hard as that foot is on the accelerator, When
do we see some results?

Speaker 24 (47:42):
Okay, it's going to take some time. We've got a
lot to make up. I think the key for me though,
is we put this literacy and numerousy assessment in three
or four years ago, but did nothing at primary school
to change the trajectory of kids to get there. So
just putting in a test, as we know it doesn't
change anything. You've got to do other things at the

(48:04):
back end. So what we've done is introduced a new curriculum,
new teaching practices. We've made sure that we're asfesting our
kids twice a year. We're changing the way we train
our teachers. There's a whole range of levers that we're
pulling to make sure our kids at primary school next
year we'll be learning structured less mass and structured literacy
to make sure they can get there. So, yes, it
will take some time. It was always going to If

(48:25):
it started this six or seven years ago, we wouldn't
be in this state.

Speaker 2 (48:28):
Okay. So when the principals say it's time for a rethink,
are you seen pushback here? They want to make the
tests easy or whatever, or we all on board.

Speaker 24 (48:37):
But I see it from their perspective because they are
trying their very best high school principles to get these
kids over the line. The starting point for high schools
is two kilometers back. These kids are coming in and
they're eighteen months to two years behind curriculum. It's really
hard for a high school teacher to get kids up
to standard. So I hear it from their perspective that
they want to make some changes to try and make

(48:59):
it easier.

Speaker 15 (49:00):
Get rid of these tests.

Speaker 24 (49:01):
But we have to aim higher. We have to have
aspiration for our kids that they can get there and
everything we can to get them there. Because Mike, these
are functional foundational literacy and numeracy assessments. These are not
something that you have to aim for to get to
by the time you're fifteen or sixteen. They are aimed
at either time you finish intermediate or start high school.

(49:23):
That's where they are aimed at. They are relatively straightforward,
you should be able to pass, and then the fact
that we can't shows that we have a huge problem.

Speaker 13 (49:32):
We've got to fact, is.

Speaker 2 (49:33):
The disparity part of it? Well, I know it's part
of the problem. But so when European gets sixty two
percent pass right versus specific at forty four, is sixty
two on a tract to something reasonable or is sixty
two still hopeless?

Speaker 24 (49:47):
Set two really still isn't great? Given as I just said,
this is something that's aimed at upper level for lower
level five of the curriculum, which is end of year
eight beginning of sort of year nineteen, it's not something
that should be Seeing these results on sixty percent at
our our high dasyl schools I think it was sixty
percent of numerousy at our high d SEL schools indicates

(50:08):
we still have a huge problem right across the board.

Speaker 2 (50:11):
I do excuse my ignorance because I've forgotten the number.
Is it eighty percent by twenty thirty that you're aiming for?

Speaker 24 (50:17):
That's right, and we think we can get there because
that gives us a whole cohort of kids through primary
school using structured maths structure literacy under the new curriculum,
what's the twice yearly assessments. Part of this other problem
we've got is these kids are sitting this assessment, this
literacy and numerous assessment and it can be the first
time you've ever actually set an exam and so we've

(50:40):
got to start building that in And I actually said
to end VQA this week, I want you to start
creating some of these literacy and numerous the assessments dummy
ones for year seven and eight so our intermediate kids
can start understanding what's going to be required of them.

Speaker 2 (50:53):
Choos. Is there any comfort to be drawn on reading
Australia NAP Plan they've got the same problem. One in
three performed below ex spectations and literacy and numeracy forty
percent of Year nine children faith so that they're no
doing no better? Can we all just sit there and go, well,
we're all a bit useless.

Speaker 24 (51:07):
Or well at COVID certainly hasn't helped things, but we
have been on a trajectory of decline for a very
long time and we should definitely be aiming highed. There's
no reason that our kids can't do better, and we've
already seen incredible results through structures are trased in reading
and writing. We've started to see it in mathematics with
schools who are using structured maths.

Speaker 13 (51:28):
I know we can get there.

Speaker 24 (51:30):
We just have to pull all levers that I mentioned
earlier and things will change.

Speaker 2 (51:34):
Good stuff, all right, Go well, Erica Stanford Education Minister. There.
I mean, I don't know. The disparity is the thing.
When she goes eighty percent by twenty thirty, it's the disparity.
So if you're European at sixty two percent, can you
get to eighty percent of them passing? Sure? Asian fifty
three percent? Pacific forty four numeracy you're down at twenty

(51:54):
three twenty three percent of Pacific kids pass. How do
you go from twenty three to the majority? In paint?
You know that's a massive haul, isn't it? Seventeen minutes
away from eight passcal I just think you mate you
comments on Ginny Anderson. It had to be a try
on because most people, when confronted with the proof of
an error or of a mistake, would apologize. She, on
the other hand, she didn't apologize.

Speaker 11 (52:15):
I don't agree with your numbers.

Speaker 2 (52:16):
No, she doesn't agree with the numbers. She doesn't. She,
on the other hand, was obdurate.

Speaker 11 (52:25):
I don't agree.

Speaker 2 (52:26):
Is obdurate a word?

Speaker 9 (52:30):
Did you not pass that test?

Speaker 2 (52:31):
It's called I'm struggling with obdurate. But it's a good word.
If it's a real word, it's an excellent word, and
I'll look to feature it on the program on the.

Speaker 10 (52:40):
We've already the crack research team behind the scenes says,
here has already researched that.

Speaker 9 (52:45):
Up, and by that we mean typed it into the internet. Yes,
and yes, it is a word.

Speaker 2 (52:50):
Fantastic sixteen two.

Speaker 1 (52:53):
The My Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks.

Speaker 2 (52:58):
It'd be thirteen away from it. Obstinate is the word
I would have used. And because I would use that
word naturally, then the word obdurate comes out of left
field for me, and then I suddenly questioned it.

Speaker 9 (53:10):
I would have thought you would have used the word
gas leader.

Speaker 2 (53:13):
Could have done that, But that's a phrase, not a word. Stubborn,
unyielding and transited, obdurate stubbornly refusing to change one opinion
or course of action.

Speaker 10 (53:23):
Yeah, so it's like when Trump sits down with doctor
Philon says that he's probably going to win California this election.

Speaker 2 (53:30):
Morning, Mike, I think the word Ginny Anderson was looking
for was obtuse. Now that's separate. It's a good word,
but it's separate. It's different. Mike. Will you still have
Ginny on your show?

Speaker 24 (53:40):
Well?

Speaker 2 (53:40):
Course, I will sack people just because they make a
fool of themselves. Imagine if people got sacked every time
they made a fall of themselves, he'd be running the show.
Now I wouldn't be me.

Speaker 9 (53:49):
I mean, you know, otherwise we'd still have Stuart Nash
on the show.

Speaker 2 (53:53):
Exactly? Or should we sucker? Should we sucker?

Speaker 19 (54:02):
Hmm?

Speaker 2 (54:03):
Maybe we should hire a lawyer and take it to
court in Arsbury Judicial review Mercury. By the way, a
bit of pushback. This is the Mills Chloe is Funnily enough,
I'm watching Chloe's press conference. I know anyway, I'm watching
it live yesterday.

Speaker 9 (54:16):
You're stuck on that stationary bike again, will you Exactly?

Speaker 2 (54:19):
I'm watching it yesterday and they said somebody goes, will
you be in court today? And she goes, no, I'm
going to be at Ruapehu where the people have lost
their job with the mill. Now I'm thinking to yourself.
Good on you for being a representative. I'm just wondering
how welcome you are whether a lot of people are
about to lose their job, probably move to Australia when
you walk in and go, guys, let's talk carbon. It's

(54:40):
probably not going to go down that well anyway. We
wish it well with it Mercury. They're saying this about
the mill. There's a hedging deal about half. They supply
about half their power. Some of it's hinged. Therefore the
business of the mill going. Look, it's all spot price
and we can't afford it. They don't believe they don't
have quote unquote visibility of the electricity they get that's

(55:01):
not Mercury's electricity. But it may be that Winstone's taking
a calculator risk to purchase some of their remaining power
off the spot market. This is a business decision, which
is a fair point. They also go on sticking the
knife in taken by a large sophisticated international company. In
making this decision, Winstone is required to complete tests for

(55:23):
their risk exposure. So in other words, they're saying, don't
blame it all on us. If you went spot market,
you carry the can and within that is the minutii
of just about every story, of course, so it's a
fair point they make. Turn away from it.

Speaker 1 (55:36):
The mic costing breakfasts with the Alveda Retirement Communities news to.

Speaker 2 (55:41):
Said biven away from it. So Fonterra is expanding a
high protein hub seventy five million dollar expansion to its
Studholm factory. This is South Canterbury, of course, high proteins
all about sports nutrition, medical products, that sort of thing.
The market's expected to grow ten billion, that's us in
the next four years. Are the CEO, of course is
Miles Hurrell was with us morning to you, Good morning, Mike.
Is this it's niche and always niche or it's niche

(56:02):
going mainstream.

Speaker 22 (56:04):
Very much the letter niche going mainstream. Yeah, people are
starting to use more of these products that used to
be just sort of the bodybuilders of the world. But
it is going mainstream. And you and I might have
a drink or a proakin bad before after you exercise.

Speaker 2 (56:16):
He stays, okay, how competitives the space globally.

Speaker 22 (56:19):
Oh it is Northern Hemisphere are the sort of the
key players, not not so much down here, but Northern
Hemisphere also got some intellectual property in this place as well,
but we think ours is unique, and of course we've
got a good strong customer partnerships both in the US
and North America. Jupean Career are the key markets that
we're targeting.

Speaker 2 (56:36):
Does the New Zealand thing count for anything in this
area or not?

Speaker 15 (56:41):
Oh, not so much in this area.

Speaker 22 (56:43):
That is certainly the New Zealand providence sort of story
resonates in a lot of our product categories, mainly products
that are consuming their cheese and the like. But yeah,
these products, not so much. It's an ingredient that goes
into sort of a high high value esports nutrition or
medical nutrition, so not not as much as others.

Speaker 2 (56:58):
And that's where you're at. You provide the ingredient. You're
not in the business of making the Fontierra protein bar.

Speaker 22 (57:05):
Correct, it's it's the ingredient, but the intellectual properly that
goes with me. Years of R and D have gone
into into these proteins, and so it's an optunity for
us to expand our foot front here in New Zealand.

Speaker 2 (57:15):
I know what you're going to say, but how much
of this is psychobabble and how much of it's actual
medical and real.

Speaker 15 (57:22):
Real.

Speaker 22 (57:22):
I mean you get into the you get into into
those power brands in North America, you don't get the
approval from from the authorities unless you've done the clinical
research behind it. So now one hundred percent it's real.
And as they say, we were collectively with our where
our partners up there to make sure that the products
that we provided them fit their bill.

Speaker 2 (57:41):
And I assume the margin at the end of the
market's quite good.

Speaker 22 (57:45):
It is good, and that lines were sort of the
decisions we made recently around divesting out of our consumer
business because we believe that the future is in this
B to B space, the high value proteins. And you know,
for us to throw seventy five million dollars at apart,
that was sort of aging into almost to the end
of the tech And I'm life and given that of
a new Lisa life, its great cuss.

Speaker 2 (58:03):
Yeah, exactly, while I've got you. Haven't talked to you
since the last auction. Are you saving the country single handedly? Here?
Things look all right now?

Speaker 22 (58:11):
I think things look okay, although you know there are
some in your colleague Jamie McKay, still some We've been
a bit conservative. So the market has two and for us,
which is great, but it is still early days. The
world's not in the great shape of the ears.

Speaker 15 (58:22):
We all know.

Speaker 22 (58:22):
We're just keeping keeping a.

Speaker 15 (58:23):
Pair of dry for a little bit.

Speaker 2 (58:24):
Do you want me to have a word with Jamie?

Speaker 19 (58:27):
No, he does.

Speaker 22 (58:28):
He is his way you know works?

Speaker 2 (58:30):
Yes, I good Onles, nice to ketch up broadche out
Verty much Miles har I know Jamie. Anyone knows Jamie.
I know Jamie four minutes away from eight Husky. Bob
Durrett was in the Gilbert and Sullivan musical Possibly Pirates
presents the song Tit Willow? Is that true? Glenn? I
always come to you for a dram advice?

Speaker 8 (58:48):
Is that?

Speaker 24 (58:48):
Well?

Speaker 9 (58:49):
What's the one with it?

Speaker 2 (58:51):
Tit Willow?

Speaker 10 (58:52):
I would have thought it would have been in the
very modern you know, what's that one? I'm a very
modern example of something around there, and it's got all
the rhyming words in it.

Speaker 9 (59:01):
Look it up. I'll get back.

Speaker 2 (59:04):
Okay, let's move quickly on from that.

Speaker 9 (59:06):
Move quickly quickly on from that.

Speaker 2 (59:09):
Elise andrews now as a cyclist myself, it's good to
have a fellow cyclist in the studios. Anyway, Enough about me,
Elise Andrews medal winner, gold medal winner after the news,
which is next year at the news, talk said.

Speaker 13 (59:24):
But you can't tell the.

Speaker 1 (59:46):
Big news, the bold opinions, the mic Hosking, breakfast with
the range rover, the law designed to intrigue and use.
Talk said, b.

Speaker 2 (01:00:01):
To be at a seven past eight one of the
games we play at the Games of courses? Who did best?
Who was your favorite? Met a lot of headlines for
Hamish Care of course, because he seemed to basically come
out of nowhere. Dame Lisa Carrington because she has more
medals than just about anyone's ever seen. And then of
course we have Alise Andrews, so she took home a
couple of golds and a silver. She dominated the velodrome
and she is with us. Lovely to see you and

(01:00:22):
meet you.

Speaker 20 (01:00:23):
Thank you for having me.

Speaker 2 (01:00:24):
Have I been boring you in the last five minutes
with my intricate series of questions on cycling and fitness.

Speaker 23 (01:00:31):
No, I actually enjoy talking to people who don't have
as probably as much knowledge as me of track cycling.

Speaker 20 (01:00:37):
So no, definitely not bored at all.

Speaker 2 (01:00:38):
Fantastic What I find fascinating about what you do? And
first of all, clear some stuff up for everybody who
asked all the same questions at the Olympics. The track
was fast. It was a fast track. What makes a
fast track?

Speaker 23 (01:00:49):
So one massive thing that we talked about and we
know of the Parish track is its height. So we
going into the competition knew that in our flying two
hundreds we would see some insanely fast times and that
is one of the massive factors contributing to that, because
you know, the higher we are, the more speed we're
going to get off the banking. And so we knew that,

(01:01:09):
We knew that the shape of the track was fast,
we knew that it was going to be hot, we
knew that it was quality. So yeah, there were so
many factors that made us really excited to race on
Paris fantastic.

Speaker 2 (01:01:21):
How did you choose what you chose to do in
terms of an event?

Speaker 23 (01:01:25):
I love individual and team events. For me, you know,
I have had success previously in the individual events, which
gave me a start in both of those, and we
were really excited to put a team on the line
as well. So for me, the team event was easy.
I absolutely love that, and I knew I wanted to
do both individual events as well, even though it was
a crazy, crazy schedule, I knew that beforehand, and I

(01:01:48):
prepared the.

Speaker 2 (01:01:49):
Individual events that you were so good at. At what
point in your career or life does somebody go that's
what you could do as opposed to you being on
the road, Yeah, long distance whatever.

Speaker 19 (01:02:02):
Yeah.

Speaker 23 (01:02:02):
I always love track cycling over road, but I was
an endurance when I was a bit younger. But I
feel like people saw saw qualities in me that that
sort of spoke to track cycling, and so, you know,
one of them was I love I loved being in
that bunch, and I loved, you know, getting in those
tricky situations and getting myself out so tactically, I loved

(01:02:24):
the Karen. But then sort of my physical you know
ability lent itself really well to sprint cycling as well.

Speaker 2 (01:02:30):
So your physicality does that predetermine to some degree what
you will end up doing within cycling?

Speaker 19 (01:02:36):
Yes?

Speaker 23 (01:02:36):
Absolutely so. I mean some pure, pure sprinters, which isn't me.
I'm very obvious that they would be sprinters. You know,
they are extremely poppy, extremely powerful, fast, and the same
with extreme endurance athletes on the track.

Speaker 20 (01:02:49):
You know, you'll be able to tell the.

Speaker 23 (01:02:50):
Difference between those Yeah, it gets a little bit more
tricky with athletes like me who have a little bit
of both.

Speaker 20 (01:02:56):
So it took me a while to find my past.

Speaker 2 (01:02:58):
So you were born that way?

Speaker 13 (01:02:59):
Yes, born?

Speaker 20 (01:03:00):
Yeah, I would say I was born that way.

Speaker 2 (01:03:01):
Can you in cycling, if you are determined in some way,
shape or form, become great? Or are you born great?

Speaker 20 (01:03:08):
I think, you know, I have.

Speaker 23 (01:03:10):
I have cycling parents, I have a whole cycling family,
So I think I have that to think that that's well, yeah,
but I mean along along with that, there's there's so
many things that go into, you know, making making an athlete,
and you know, passion is one of them as well.
You know, it's not all about your physical ability, it's
it's your drive and your want to be an athlete
as well.

Speaker 2 (01:03:30):
Yeah, so cycling appeals to you why as opposed to anything.

Speaker 23 (01:03:34):
Else track cycling in particular, I love the speed and
I love the adrenaline. I'm such an adrenaline person.

Speaker 2 (01:03:41):
And you ride a motorbike.

Speaker 20 (01:03:42):
I mean maybe I will. I don't know, I could
do that later.

Speaker 2 (01:03:47):
So what strikes me about it as first of all,
cycling is accessible, Yeah, I mean, because most people can
afford a bike. You get on the bike, you're off
and running what you've got there in Cambridge? I take
it you're in Cambridge. Yes, I mean that's a fantastic facility.
And despite the headline the last couple of years, it
has actually been and is a brilliant program. And would
what can you tell us about because it's yachting wasn't

(01:04:08):
the same as time, but yachting rowing cycling in this
country to a lesser extent, I suppose a Questrian have
clearly programs that work that breed champions. So what can
you tell me about what we do with cycling that
makes us so successful?

Speaker 23 (01:04:23):
I think with cycling in New Zealand, you know, it's
not just about Cambridge, It's not about that harbor. It's
about our whole country and what cycling means to the country.
And I have grown up in various different areas around
New Zealand, Wanaka being one of them. Amazing for mountain biking,
you know. So I would get on my mountain bike
as a kid and I'd sprint my parents and that
was so much fun and that's what made me excited

(01:04:45):
moving down to Invericago, where I tried track cycling. They
have an absolute passion for cycling there. They love it
and so the Southland program really really helped nurture me.
Canterbury the same. There's just so many local legions in
Canterbury that are just so passionate about what they do.
And moving into Cambridge, where I move when I was sixteen,
similar thing. You know, we have that facility there, it's

(01:05:08):
world class. I have people who support me, sponsors, the facility,
the community, everything there is just so special. And so
I think it's the tight knit community and it's the
passion that's within that community fantastic.

Speaker 2 (01:05:20):
I was reading the article the other day post Olympics
athletes go through this dreadful lull. You don't strike me
as being particularly depressed this morning. You seem seem full
ofid of No.

Speaker 23 (01:05:32):
I mean, it's something that we are all aware of,
and I think it's after you've gone through such a
massive high, you know what's on the other side of that,
when you've been focusing on one thing for so long.
But you know, I'm I'm really enjoying sort of a
break and enjoying times with friends and family, and yeah,
I sort of haven't really felt that, yeah, that lull,

(01:05:52):
but I you know, I have an amazing support around me,
and I am aware of people who do feel the
lull as well.

Speaker 2 (01:05:57):
But you're also young. You've got years ahea to be
You've got the next Olympics, the Olympics after that, and
all that sort of stuff today. Don't go away. More
from Elis Andrews in the Moment thirteen past eight.

Speaker 1 (01:06:07):
The Mic Asking Breakfast Full Show podcast on iHeartRadio powered
by News.

Speaker 2 (01:06:12):
Talksip us Talks sixteen past eight. Toles Andrews is our guest.
Let me get just momentarily technical and bore you whitlss.
So I cycle right. So I have an understanding when
I look at I can do fifty five k's, but
it's it's I get there. It's it's it's reasonably fast,
but I know what it takes to get there. So
I look at you guys on the track, and that's

(01:06:32):
what blows me away about how you do it, because
anyone who's never done fifty five k's doesn't understand how
hard that is for a regular person, and you guys
just blow it out of the water. At what point
do you physically limit yourself to a point where you
can go no faster?

Speaker 11 (01:06:50):
Oh?

Speaker 20 (01:06:51):
I think. You know, Paris is a massive example of that.

Speaker 23 (01:06:54):
You know, we we put absolutely everything into the track
and we I feel like, could not have gone any faster.
But you know, in saying that, you know, you do
review a race and you think, maybe I could have
technically done something better. Maybe physically I couldn't have given
anything more to the race, but maybe technically I could
have ridden a better line. All of that kind of stuff.
So yeah, that's the reviews that we sort of do

(01:07:16):
now and yet reflect on so we can.

Speaker 2 (01:07:18):
So that's that's my next question. How much of the
sport then around speed and success is about you as
a human being versus the bike or the track or
the conditions.

Speaker 23 (01:07:26):
I really think it is just, you know, a mixture
of all of those elements that create a good performance.
You know, of course, you need the good athlete, and
you need the athlete to be on form at the time,
but you need the athlete to be riding equipment that
is going to allow them to go fast. You need
the track to be good enough conditions to allow the
athlete to go fast, and then the athlete needs to
be able to technically ride the bike fast enough and

(01:07:49):
be able to handle it.

Speaker 2 (01:07:50):
Is the technology changing in the bike dramatically or slowly
or not at all.

Speaker 23 (01:07:55):
I'd say, you know, it definitely is changing. But in
saying that, we ride a very simple classic frame at
site in New Zealand. But you know there are countries
that spend hundreds and thousands of dollars per bike, you know,
in development, and they are they are going fast, so
you know, maybe there is a little something in that.

Speaker 2 (01:08:15):
So there is something now. Now, once again, without getting technical,
I noticed on the bike some countries ran what I
would call from below the handlebars, a square sort of
thing at the front. Does that make sense as opposed
to the traditional why?

Speaker 23 (01:08:26):
Yeah, yeah, So there were countries who ride those those
different looking forks in those different frames, and it's an
aerodynamical thing but potentially creates, you know, a different handling
aspect to the bike as well. So you know there's
lots of elements that would have gone into their testing
for them to you know, develop that type of frame.

Speaker 2 (01:08:45):
How much of your success is about the program then,
and the money that's put into it, the facilities they
provide you, the whole thing.

Speaker 23 (01:08:51):
I think I think it's massive. You know, we can
do absolutely everything that we can as athletes. But you know,
if we don't have the coaching staff, the support staff,
if we don't have everyone on board creating the systems,
the bikes, the skin suits, all of that to the
absolute highest highest level, we're not going to go as fast.

Speaker 20 (01:09:10):
As we could.

Speaker 2 (01:09:10):
How much How many times have you hit the track?
I've had two and slid down.

Speaker 23 (01:09:16):
I've had two major crashes, but I've had more crashes
than that. Overall, I'd say, you know, less than ten.
You know, I'm not falling off every day or anything
like that, but yeah, I'd like to say I have
only had two major major crashes, which is the ones
where I've had a concussion, broken collar bone.

Speaker 2 (01:09:32):
Because it's only when you fail that you see how
stick that is? Yeah, how many splinters there are on
that sh Yeah, and people think it's smooth and shiny.

Speaker 23 (01:09:41):
No, no, no, you do not want to fall off.
And that's I think why all of us avoid it
so greatly. The splinters are horrible. You know, I've seen
some horrific ones, seen photos of horrific ones. But when
I crash, you know, it hasn't been crazy massive splinters.
It's just been the amount of wooden splinters in your body.

Speaker 20 (01:09:58):
It's not good.

Speaker 2 (01:10:00):
Have you given much thought to this? Given you just back?
But what happens now? Does the field come to you
or do you leave the field behind?

Speaker 23 (01:10:10):
I you know, I think at the start of a
new Olympic cycle, obviously we do a lot of reflection
and planning for the future, and I think, you know,
a lot of it isn't what is the field doing,
it's you know, how can I make myself better? Knowing
that every single athlete in the field is also thinking
the same thing, So we don't know what's going to
happen in terms of everyone else's development. What I can

(01:10:31):
control is my development, and that's what I'm going to
focus on.

Speaker 2 (01:10:34):
Okay, what are your weak points?

Speaker 20 (01:10:36):
My weak points? I'd say.

Speaker 23 (01:10:39):
We were just talking about this a little earlier, but
I think I have a lot to do in the gym,
in the upper body. That is a massive thing for me.
I'm quite messy on my bike, especially when I'm absolutely fatigued.
I do, you know, flip a little a little bit
all over the show. So I think for me, it's
just yeah, the first thing is that stability, that strength,
but of course always consistency in training. Not that I

(01:11:01):
haven't had that, and not that I don't do that,
but you know, this year has been up and down
with the crash and all of that kind of stuff,
So I think for me, it's just consistency and getting
all those little things right.

Speaker 2 (01:11:12):
One of the best things about the whole games for
me and watching you, was at the end. I can't
remember what metal it was, but you said, I'm proud
of how I carried myself through this. Where does that
come from?

Speaker 23 (01:11:22):
I'm so proud of the whole entire week because of
how massive it was.

Speaker 20 (01:11:27):
I knew that it was going to be like that
going in. I knew that, you know, all.

Speaker 23 (01:11:31):
Going well, I was going to be racing every day,
six days, and that's scary and it's daunting, and looking
at that from the beginning of a competition is a lot.
So I think to get to the end where I
sort of was feeling those emotions, I was so proud
of how I turned up every day. But even when
I was exhausted, I turned up and I made sure
to give absolutely everything.

Speaker 20 (01:11:51):
To the race.

Speaker 2 (01:11:51):
Fantastic.

Speaker 23 (01:11:52):
When's your next tournament in November? Yeah, so I'm very
excited for that. It's quite a fun little league, and
so I hit to Europe for that.

Speaker 2 (01:12:00):
A fun little leader. Once you're a gold middle Winter
fun that's a fun little thing. I'll leave between the Olympics.

Speaker 20 (01:12:06):
No, I'm very excited for it.

Speaker 23 (01:12:08):
It's sort of like the only the only event in
the year that's that's more about entertainment than it is
about Yeah, get about there.

Speaker 2 (01:12:15):
Well, warmest congratulations on it all. Well done, been great
to meet and talk with. You appreciate it very much,
Alese Andrews. It is eight twenty two my Costchel breakfast
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Speaker 1 (01:13:25):
We win five thousand dollars for Father's Day thanks to
Chemist Warehouse, the Real House of Fragrances and news Talk Zizby.

Speaker 2 (01:13:32):
Oh Premier speedback on Alesandrews will come to that after
the news before end. Brady Smiley. Barrett Kevin Barrett was
Yesterday's answer the father of done. You know the Barretts, obviously,
Craig Garner, well done, five hundred dollars for you, Craig
spind it wisely. And then we have today no questions,

(01:13:52):
no more questions. The questions are over, so you don't
have to freak and goud. Question is there is no question.
So everyone who's inted at Newstalks Evy dot co dot
in two portslation when is in the drawer, You are
in the drawer. And tomorrow will make the drawer and
we will have a winner for the five thousand dollars
for Fathers Day with the compliments of Chemist Warehouse, the
real house of Fraquencers this Father's Day, so good luck.

(01:14:13):
This time tomorrow will be handing out five thousand dollars.
We've already handed out two thousand dollars because four times
five hundred is two thousand dollars. And that's look at
you and you met your pass your NCA, Mike, simply delightful,
professional young lady in every sense. Mike. It's nice to
hear an eloquent young woman talk about you know, great
interview morning, Mike. Great that you can ask your ask

(01:14:36):
our champion cyclist if she has any advice for Joe
Biden to stay on his bike. Don't be funny news
for you.

Speaker 1 (01:14:42):
In a couple of moments, your trusted source for news
and views, the Mic Hosking Breakfast with Bailey's Real Estate,
your local experts across residential, commercial, and rural news togs
EDB in.

Speaker 2 (01:14:56):
New Zealand have just come in. The forecast was for
or not as good as it used to be for
obvious reasons. Earnings before taxation two nd twenty two million
net profit after taxation one forty six passenger revenue fire
point nine billion. Earnings before taxation is the direct comparison
to twenty two millionaires, I said, compared with five seventy
four for the same period last year. They do all

(01:15:17):
the stuff that you would expect them to do. Cost pressures,
inflationary pressures, competition on the US networks, the US at
Netwix came and the allies came in basically ate their lunch.
So I haven't been able to see whether that's within guidance.
Though the big one, the really big one. If you
want to find out whether do is these days, it's
in chips in Nvidia who as far as I can
work out, the entire market in America, if not, the

(01:15:40):
entire world has been waiting for it's after the bill
in the States. But they've beaten expectations for earnings and guidance,
and they've provided stronger than expected guidance for the current quarter.
Their revenue for the quarter was thirty point zero four
billion dollars. That's UIs just for the quarter. It expected

(01:16:06):
about thirty two point five billion in the current quarter.
So it just keeps going up and up and up.
He'll be able to afford a brand new leather jacket,
which is nice. Twenty two minutes away from.

Speaker 17 (01:16:15):
Nine International correspondence with ins and eye insurance, peace of
mind for New Zealand business in the UK.

Speaker 2 (01:16:21):
We go our old made into Brady's for us.

Speaker 16 (01:16:23):
Morning Mike, Good morning, Mike. Got to speak to again.

Speaker 2 (01:16:26):
Now since we end you too, and since we last spoke,
Key has wanted into the garden, reclaimed the garden for
the people of England, announced how tough things were, and
left off to Berlin. So taught me through the last
couple of days, how's it gone.

Speaker 16 (01:16:37):
It's been a whirlwind. So the whole point of the
speech was to mark fifty days of his premiership, fifty
days in Downing Street, and he's made it clear pain
is coming. Things are going to get way worse before
they get better. There is a forty four billion dollar
black hole in the budgets, in public finances, and he's
laying the groundwork, as I said the other day, for

(01:16:59):
big taxing creases in the budget that's coming in October.
So he got that out of the way. He made
it clear that it's going to take a long time,
a decade to fix Britain's problems. And he has spent
the day in Berlin with the German Chancellor Olaf Schultz,
and we are moving closer to Europe again. It is
utterly irrefutable. Britain is resetting the relationship.

Speaker 2 (01:17:21):
Do we believe what he's about? So in the camp
some of the stuff that he talked about, and the
know how hard it is, and we've got a black
hole and we'll need to talk about Texas. That'll come
as a surprise to some people. Then in Germany he goes, no,
it's not brixit. Do we believe all of that?

Speaker 16 (01:17:38):
Look Rerexit the past eight years, the economists I speak
to on my show on a weekly basis, the prediction is,
and the reality is somewhere in the region of eight
hundred billion dollars gone up in smoke, between lack of investment,
people not coming here, companies pulling out, talented young people

(01:17:58):
deciding to go home to places like Poland, and Germany
and Spain and Greece, bregsast has been an economic catastrophe
for the UK, never mind the reputational damage it is
holding every single person and business in this country back.
Starmer's a smart man, He's a pragmatist. He's come out
today and he said, look, this is not about going
back into the European Union or the Single Market or

(01:18:20):
the Customs Union. He said, we just want to be
better neighbors and we want to rebuild relations. And look
he has built a relationship already with Emmanuel mccron in France,
and the meeting today in Berlin with the Chancellor Schultz,
it's the fifth time he's met him in fifty one
days he's been Prime Minister. So make no mistake, Starmer

(01:18:41):
is putting the handout of friendship and saying, look, this
is a new Britain and we want to be friends,
not enemies. The Conservatives just dealt with everyone on the
continent with suspicion and hostility and the end result was
no good could be got from any of the relationships
from Berlin to Paris, Madrid, Romes, you name it. Starmer

(01:19:02):
is all about the reset.

Speaker 2 (01:19:03):
Okay, easy to go to France and Germany, particularly Germany,
given he's a labor man. What about when he goes
to Italy, for example, is it going to be you know,
across border, cross politics, all of that stuff will not well.

Speaker 16 (01:19:14):
Look, he's, as I say, a pragmatist. I don't think
Georgia Maloney will be someone that he would ideally sit
down and break bread with on a weekly basis. But
he does realize that they have a lot in common
the UK and Italy illegal migration, and I think privately
he will have said to her that a lot of
the migrants who are coming across to Italy in boats

(01:19:35):
will they don't want to be in Italy. I mean,
I've covered the migrant trail in Sicily myself, and when
you speak to these young people coming from North Africa
who've treked all the way across several countries for twelve
fourteen months, they tell you they want to come to
the UK and they make no bones about it. They're
not interested in being in Italy or Germany. They want
to get to northern France and they want to take

(01:19:56):
their chances on those boats and get to the UK.
So I think it's all about building relationships for Starmar,
but Makeno mistake. He is a very serious man. For
everyone that has been saying, oh, how dully is, how
boring he is, I think it's refreshing to hear someone
speak honestly and say we've got problems and guess what,
I'm working every hour to fix them.

Speaker 2 (01:20:15):
I know it wasn't out of left field, but how
BIG's the Oasis news?

Speaker 16 (01:20:18):
Been huge? Huge, absolutely huge, And there's a few little
developments tonight. So Manchester is where the boys are originally from.
They're from an Irish family. Manchester is where they were
born and they grew up, and that will be the
big homecoming. Four gigs in August of next year in
Manchester for the Gallahers and the other members of Oasis.

(01:20:40):
Now what is utterly shameful tonight here hotel chains have
been canceling bookings. So anyone who'd booked the room randomly
in Manchester for those dates in August next year, twenty
twenty five, I mean a whole year away. They've received
emails in the last few hours I'm hearing telling them
that there's been a sist some error and we can't

(01:21:02):
give you that booking. And then when people have tried
to log into the same hotel chain and book the
same room. The price is now triple. This is utterly
shameless profit hearing from hotels who've realized that the hottest
tickets in town next summer in the UK are in Manchester,
in London, there's gigs in Cardiff, and obviously the two
boys being of Irish stock, they finish this leg of

(01:21:25):
the tour in Dublin. Those hotels I think need to
look long and hard at themselves in Manchester tonight because
they're just ripping people off exactly.

Speaker 2 (01:21:33):
Well, so Mike, you go, well catch up, saying into
briding m out of the UK for are seventeen minutes
away from nine pasket just on the elae. Interesting. What
an extraordinary young woman, A wonderful role model to all.
You make us proud. What a great insightful interview. Might
love your attitude, well spoken, determined, vicious young woman, great
inter be whatn't outstanding? An erudite athlete? Easy to see
how success follows her. Fantastic speakers. Such a well spoken,

(01:21:55):
intelligent young woman. I just love the way at last
gives her opponents the stare before they start each race.
Intimidating freaks them out. Can you tell the show, Oh,
the show that's on Neon or soho, that's industry. Industry
is the show you're after? Quite a good show, Mike,
I disagree cycling is not accessible financially if you're wanting
to take cycling to a performance level bike starting at
ten k I wasn't meaning that. What I was meaning

(01:22:17):
is that a bike is accessible generally speaking in a
country like US, the same way as tennis racketers or
abadminton racketers. And you can play the sport and obviously
as you progress through the sport the cost goes up,
but then that's where sponsorship et cetera comes, and just
being able to get into the sport is not that difficult,
is what I was meaning.

Speaker 1 (01:22:34):
Sixteen to nine the Mike Asking Breakfast Full Show podcast
on iHeartRadio powered by News.

Speaker 19 (01:22:41):
Talks at B.

Speaker 2 (01:22:42):
Just to wrap that market information, the net profit for
in video is sixteen point six billion for the quarter.
The quarter it was within range THREEIR in New Zealand
they said one ninety to two thirty two too too.
And also just to wrap up obdurate, it was is
there an apology? Glen? Did you get the wrong show.

Speaker 10 (01:22:58):
Well, yes, right, so obviously yes, the text texted and
Willow willow yes, And I suggested that it was this way.

Speaker 11 (01:23:06):
I am the model of a model du general the legend.

Speaker 9 (01:23:09):
Which is from the It's not that there's just a
lot of words in the song. So I thought that
maybe it was the song that it turned out, but
that it was actually.

Speaker 11 (01:23:20):
On a tree by river Saang Willow did Willow did Willow?

Speaker 9 (01:23:27):
And I said to him, and the song goes on
for a while and then and.

Speaker 2 (01:23:31):
If you remain careless and obdurati shall.

Speaker 25 (01:23:36):
Perishest and you will sell perises he did, and you
will know why, though I probably shall not exclaim as
I die a Willow tit Willow Willow.

Speaker 9 (01:23:48):
Will strange shows? An't they?

Speaker 2 (01:23:52):
What subject do you study? That drama?

Speaker 9 (01:23:55):
Those all all that those subjects are banned. Now, we
don't do that to.

Speaker 2 (01:23:59):
Coulture as you're trying to pass end cea no, no time.

Speaker 9 (01:24:02):
That won't help it up.

Speaker 2 (01:24:03):
By the way, I was talking to somebody earlier on
about being an influencer, not that I am an influencer.
I just they raised a person who was an influence.
I said, oh, she's an influencer. Anyway, it turns out
the IID were listening and that's how AI works, and
so soon as soon as they heard that via the
AI via one of our phones which leak, they then

(01:24:26):
published the influences average income for the year in this country.
So there are one hundred and eighty one people who
fit the definition of being an influence in this country. Now,
the problem with the inland revenue. Of course, they rely
on tax returns. Now, I suspect don't know, just suspect
that there'd be a number of people that call themselves
influencers who wouldn't want to deal with the IRD or
anything like a tax return. Therefore, they don't know that exists.

(01:24:47):
But be that as it may. Of the one eight
one thirty six percent, their income was their main source
and that was at forty six two hundred and forty
eight dollars and zero one cent. So it's had a
lot of money, not really, it's below the minimum wage.
Better off on the minimum wage job than being an influencer.
Sixty four percent. Influencing was less than fifty percent of
their ruinings. The average income for them was the grand

(01:25:08):
total of four five hundred and seventy seven dollars twenty
so not really a money spinner. Brad Olsen does the numbers.
Because brad Olsen does the numbers on everything, he reckons
the three and a half million dollars made an income
from influencers in the start of three and a half
million dollars isn't very much for a whole lot of
people out there going, you know, hashtag this and sponsored
by that and we.

Speaker 20 (01:25:28):
I've had such a good time on the cocktails here
free hashtag.

Speaker 2 (01:25:32):
Well, the other crap that goes on I wouldn't take,
says Brad. One hundred and eighty one is the total
count of influencers. See, I told you it may be
the count of exclusive influencers. Probably an undercount. That's my suspicion.

Speaker 10 (01:25:43):
I mean, what about where does an accidental influencer like
yourself fallen? I mean you mentioned Kim Chieflakes on the show.

Speaker 2 (01:25:49):
That's true and boom boom exactly. Yeah, So how does
it finds the tech anti influencer.

Speaker 9 (01:25:56):
What's the tax consequence?

Speaker 2 (01:25:57):
There's no tax consequence.

Speaker 10 (01:25:58):
If I was to say, you know, get along to
the odd couple at Sena Stage Theater this weekend for
opening night right on the station. Right then, what's the
tax implication of that?

Speaker 2 (01:26:09):
It's a good question, Claire. Are you involved in the
show this weekend?

Speaker 10 (01:26:11):
No, the domestic managers directing it, and you know, I'm
just hoping to get some tax benefit from her.

Speaker 2 (01:26:18):
I guess we'll see what happens this weekend. Where was it?

Speaker 9 (01:26:21):
It's center Stage? You know, were the only theater you
need to go to in Auckland.

Speaker 2 (01:26:25):
Nine away from nine the costume Breakfast with Why did
you see the clip of George Kittle giving the reporters
a hard time at one of his press conferences for
not putting an effort into how they dress and being
a bit sloppy. I think he's got a good point.
I do too. Journalists are famously bad dresses and they
need to improve it. Mind you, the American NFL season,
which begins this coming weekend week are full of very

(01:26:47):
wealthy people who buy a lot of very flash clothing
and they dress to impress. And there's probably something that
all blacks can learn. Speaking of all blacks, who we
going on tomorrow? Hey, they promised us this part of
our deal when we had the meeting and we got
together with the the NZ at Au and they came
away and they said, we're promising you marquee players. And
so far we've had the captain who wasn't playing, so

(01:27:09):
there was the debate over whether a captain that doesn't
play fits the bill. I think it did because he's
a legend and I love him. Then we had Ethan
who was called because he's from Canterbury, so that works.
And then tomorrow we've got the the marquee player of
all marquee players. Five minutes away from nine.

Speaker 1 (01:27:27):
Trending now hemmisquare House, the Real House of Fragrances.

Speaker 2 (01:27:32):
I mean I have to explain. I don't have to
explain who it is body, It's he gonna all black?

Speaker 1 (01:27:38):
You want trending now? With square House, you're one start
for Father's Day Fragrances.

Speaker 2 (01:27:44):
Your desert island all black? Isn't he trending now?

Speaker 1 (01:27:48):
Ware House, the Real House of Fragrances.

Speaker 2 (01:27:51):
Talked about HMD earlier on company that makes Nokia launched
the pink Barbie phone flip phone. It's dumb phone, no
social media apps, texts only, so the makers had the
you know, the bast of intentions. Obviously, the idea being
to keep kids away from the evils of the internet. Unfortunately,
online safety campaigners don't quite see it that way.

Speaker 21 (01:28:09):
I'm not going to lie. My heart sank when I
saw this product. My first thought was what next Barby
scented vapes. So products like this are going to normalize
really dangerous behaviors and even younger children. What this says
says to young children. The signal that it sends is
it's okay to be attached to your phone. And of

(01:28:30):
course the children who enjoy playing with Barbies are not
secondary school children, they're preschoolers. This product is targeted at
four year olds, and it's saying to saying to young
children with a heavily gendered product, it's okay to have
a phone that's got a camera. And just because it's dumb,
because it doesn't have social media, that doesn't mean it's safe.

Speaker 2 (01:28:52):
Barbie's also got a car, in a house, an investment portfolio.

Speaker 9 (01:28:58):
So she's in let's see, she's in care ruraging, boy racing.

Speaker 26 (01:29:03):
Fraud, commercialism, tax avoidance. He's got a boyfriend, promiscuous behavior,
out of wedlock, relationships, crazy times, Glenn, where was the play?

Speaker 9 (01:29:17):
I were in a stage theater? The odd couple.

Speaker 2 (01:29:19):
Get in there on for a week, says Boom. Yes,
I'll be at center stages. Said that Gary Brown's coming.

Speaker 9 (01:29:26):
Oh he's a big fan, is he.

Speaker 2 (01:29:27):
Do you know Gary?

Speaker 9 (01:29:28):
Well, everybody knows Gary. You've interviewed Gary on this show.

Speaker 2 (01:29:34):
Offered me, I don't know anything that happened this morning.
It's wiped back tomorrow from six Happy Days.

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

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