Full Show Podcast: 3 October 2024

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

Speaker 2 (00:04):
Heather Duplicy Allen on the Mic Hosking Breakfast with the
Jaguar f pace cut from a different class, News Talks, EDB.

Speaker 3 (00:14):
Morning and Welcome coming up today. The Mood of the
Boardroom is out in the Herald. They like the Prime Minister,
they like pol want to They like Erica Stanford, They
don't like Adrian or Or. We're going to talk to
business veteran Dame Joan Withers for her take in New
Zealand on why it's adjusting another four roots after dropping
that in the cargol Wellington won the PPTA on why
it's suddenly on board with the charter schools and former

(00:35):
She had front man John Toogod in the studio with
us after eight.

Speaker 1 (00:40):
Heather Duplicy Allen, I.

Speaker 3 (00:42):
Reckon the person who's going to open The Herald's Mood
of the Boardroom survey today and hated the most is
going to be Adrian Or. Once he reads it, he's
going to be completely aware, if he isn't already, how
little confidence some of the country's top CEOs and directors
have in him. I mean, it's one thing to get
the hot takes on his performance from the average person
paying the mortgage. But these are people who live and
breathe the economy every single day for their sake, the

(01:05):
sake of their businesses. And this is what they say
about how he's managed the interest rate adjustments to deal
with inflation. One said the Reserve Bank were too slow,
and we're already hearing that from business two quarters ago.
Another said overcooked at both ends. Another the Reserve Bank
has overdone it on both sides of the cycle. They
were too dovish during COVID and too hawkish on the

(01:25):
end of things. And the Reserve Bank seems to have
very little idea of what's happening in the economy, which
I would imagine be very tough to read, given that's
actually its job. But it's right. I mean, look at
what is happening this week. We've got bank economists already
lining up to tell the Reserve Bank governor publicly what
he needs to do. Now, that's not totally unusual. And
by the way, what they're calling for is a fifty

(01:46):
basis point cut next week. Fifty basis points. Now, that's
not totally unusual that they would say in advance what
they think should happen. But it feels different, right, The
language is different. It's not what they're expecting now, it's
what they think should happen. It feels as if they
have realized that by applying pressure they can get him
to do the right thing. I mean, remember, this is
what happened last time we had an OCR decision, Adrian,

(02:08):
all were still fresh from thinking about talking about a hike.
Possibly the economists began calling hard for a cut, and
when the most that the rest of us expected was
a hold, he actually, in the end listened to the
economists and surprised us with a cut. It feels like
they are now telling him how to do his job
because of a lack of confidence that he actually knows
how to do his job. And if he's in any

(02:28):
doubt that that is how we feel. Mood of the
boardroom today will clear that right up for him.

Speaker 1 (02:34):
News of the world in ninety seconds, right.

Speaker 3 (02:37):
If you were in Iran, are you saying that the
attack was a success. It definitely had one big effect,
which was shoring up the support for Israel from the US.

Speaker 4 (02:45):
To intensive planning between the United States and Israel to
anticipate and a fend against the brazen attack we expected
magnow mistake. The United States is fully, fully, fully supportive
of Israel.

Speaker 3 (02:58):
Benjamin Yahoo is already cooking up their revenge.

Speaker 5 (03:02):
Iran made a big mistake tonight, and they will pay
for it.

Speaker 3 (03:05):
We will stand by the rule we established.

Speaker 6 (03:08):
Whoever attacks us, we will attack them.

Speaker 3 (03:11):
They've held an emergency meeting at the UN and Antonio
Guterres is not happy.

Speaker 7 (03:15):
It's high time for an immediate cy is fighting Gaza
with the immediate and unconditional release of all ostriges. It's
high time for the cessation of hostilities in Lebanon.

Speaker 3 (03:27):
The UK ambassador has given I Ran a slap on
the hand.

Speaker 8 (03:29):
We categorically condemn this act of aggression, which escalates an
already dangerous situation. Israel has our full support in exercising
its right to defend itself.

Speaker 3 (03:44):
The US ambassador seemed to suggest that Iran had just
been waiting for a time to strike.

Speaker 9 (03:48):
The United States sent a clear message to Iran, don't
exploit the situation in ways that would resk propelling the
region into a broader war. The ergy see lagrantly and
repeatedly ignored this warning.

Speaker 3 (04:04):
And amidst all of that, there was a VP debate yesterday.
I'm going to get to the reaction and the polls
immediately post the debate later. But each candidate gave as
good as they got.

Speaker 1 (04:12):
Did he lose the twenty twenty election? Tim, I'm focused
on the future.

Speaker 7 (04:16):
Did Kamala Harris censor Americans from speaking their mind and
the wake of the twenty twenty COVID situation?

Speaker 10 (04:23):
That is?

Speaker 1 (04:24):
That is a damning non answer.

Speaker 3 (04:26):
And finally, there's an absolute scandal in the fat bear
contest in America. Every four they have this vote on
who the best fat bear in the country is, which
I suppose kind of similar to the bird of the
year over here. Anyone can vote. Last year, one point
four million votes were cast from over one hundred countries. However,
before the voting had started, Bear number four six '
nine is caused a scandal by attacking and drowning Bear

(04:50):
number four O two, who was seen as one of
the favorites.

Speaker 11 (04:53):
Doesn't that just always happen?

Speaker 3 (04:55):
Yep? Always. Contest officials had to regroup after that, remind
everyone that the this was nature, and find a new
competitive before voting starts in five days time.

Speaker 11 (05:04):
I'd like to see a bit more of that in
the Bird of the Year.

Speaker 3 (05:07):
Actually certainly make that Celebrital contest a little bit more relevant,
wouldn't it. And that is news of the world in
nineteen and nineteen seconds. Very speedy news of the world
this time around. Hey, Justin Trudeau, now Justin Trudeau, the
Canadian Prime Minister and right up there in terms of
world leaders as being one of the most annoying. Has
survived a second non confidence motion in Parliament. This is

(05:29):
the second one that he's had to face in two weeks.
It was brought by the Conservatives, the opposition obviously half
points is basically to try to trigger a federal election
and take control. But unfortunately for absolutely everybody in the world,
Justin Trudeau's managed to survive two hundred and seven votes
for him and only one hundred and twenty one against him.
Six thirteen.

Speaker 2 (05:49):
The Mike Asking Breakfast Full Show podcast on iHeartRadio Power
My News Talks Evy.

Speaker 3 (05:56):
Hey, there is so much in the mood of the
boardroom in the Herald today. I'm going to run you
through as much as I possibly can as we kind
of work through the program. We're going to talk to
Joan with his after half past six veteran. Obviously in
the business world, lots of lots of opinions worth listening to. Beforehand,
when Ryan was on, by the way, I was having
a bit of a whinge about my own mistake with
Air New Zealand and I didn't buy the right kind

(06:16):
of flights. Here's an Air New Zealand hack from somebody.
Go online, upgrade your ticket to a refundable tear. You
can do this right up until your flight leaves, and
then you can refund your ticket for the full amount.
How good is that? That's news you can use.

Speaker 1 (06:27):
Thank you.

Speaker 3 (06:27):
Sixteen past six fifty. Now is Andrew kallahoe j and
iw Olph Morning Andrew, Morning Heather. All right, So what's
happening the Middle East tensions on the market have had
what impact?

Speaker 2 (06:40):
Yeah?

Speaker 12 (06:41):
Yeah, Hell when we spoke yesterday morning, Aran had just
launched that missile attack on Israel, So a significant escalation
in the recent conflict. So you get a big left
in geopolitical tension and you, now, I guess, legitimately ask
the question or you think about the broader impact on
financial markets this obviously notwithstanding the humanitarian implications and the

(07:02):
human costs. But we're here to talk about markets. So
from a market perspective, there's a couple of elements here.
The first one is you've got a broadening of the
conflict geographically. So take time out in your day today
to have have a look.

Speaker 6 (07:14):
At a map.

Speaker 12 (07:15):
Now, the Middle East, as we all know it is
critical for oil supply. The conflict to date Israel, Garza,
levet On. Have a look, it's all confined to a
very small area over in sort.

Speaker 13 (07:25):
Of the West.

Speaker 12 (07:26):
We're now potentially talking about a far broader geographical area
if this escalates. So you start to worry about the
impact on oil supply infrastructure, on supply channels. I mean, look,
the contagion factor was always present, but it just feels
like it just got a bit more real, doesn't it.
And one perception of the interruption or supply, or any
perception of the interruption and oil supply has global consequences. Now,

(07:51):
the second element is the potential to more sort of
actively involve outside parties. Now you think about what I
would call the backers of the protection aganists of Israel
and Iran, So you're talking in the US, Russia, in
other words, the potential to draw in global players. So
potential global political ramifications of sort of raptured up and notch.
Now what do we normally see in times like this, Well,

(08:13):
you see high roll price, right, so I look at
Brent Crewd there are rather benchmarks. Back in early September,
you know, mister Hoskin was getting quite excited. The brink
crewed adipped to sixteen sixty nine dollars a barrel US.
It was very low. Now overnight it's got very close
to seventy six US dollars. However it fell quite quickly.
It's now down in the seventy three. So it's quite volatile.

(08:34):
But just take a step back here here that in
March it was over ninety US dollars. So bigger picture issues,
slow global growth, the less demand, they're more important. Look,
what we also see is what we call flight to safety,
or assets that are perceived as being less risky. So
it's called the risk off trade. So you see a
flight to things like government bonds. So you look to

(08:56):
US government bonds and currencies, you see a flight to
like the US dollar normally, but to a lesser degree,
the Swiss, Frank, Japanese yen. What happens is you see
a stronger US dollar as far as we're concerned, that
normally moves the Kiwi.

Speaker 13 (09:09):
Dollar as well.

Speaker 12 (09:10):
So yes, we have seen a reaction in the twenty
four hours, but Keywi dollar have been strengthening anyway, and
the reaction is pretty subdued. Same with US interest rates.
In other words, Heather, at this stage, this conflict is
not destabilizing global financial markets. Look, geopoliticgorists tend to have
short term impacts unless there's a material impact on all supply,

(09:30):
and that is persistent.

Speaker 13 (09:31):
But the big stuff is still more.

Speaker 12 (09:32):
Important, Heather. You know, global growth, inflation intertrates, that's more
important at the moment.

Speaker 3 (09:37):
Yeah, Which is I suppose good news on the OCI here.
We've got that coming up next week, and I've noticed
that there's a lot of economists now calling for fifty.
What do you think?

Speaker 12 (09:46):
Yeah, So this is we talked yesterday and we're talking
about QSBO, about the potential impact of this recent data
on monetary policy, and now we're talking about something that
will directly affect listeners out there. If you think about
mortgage rates, I said, a good case, but could be
made for fifty or T twenty five basis point cut
next week. That's on the ninth and next Wenesday and
the last twenty four hours what I call the street
local e Commogne, they seem to have shifted quite definitely

(10:08):
the consensus view of They've firmed up their view fifty
basis point cut in the OCR from five and a
quarter to four seventy five. Nowhither there are futures markets
out there that are inform us of where the sort
of big money is sitting on this question, not just
next week, but we can look at where it would
be in February and March and November at all the
OCR dates Now right now, that market is saying the

(10:29):
OCR by next February will be at three point eighty seven.
That's not that far away. So that means that they're
speculating fifty basis point cut in October, fifty in November,
potentially another fifty in February. And other words, the speculation
is that they should get the OCR and get it
down quickly. At least two of those meetings has to
be fifty basis points. I mean, wholesale rates have come

(10:50):
down a long way since the August cash rate review.
In February, I mean the fedruyserve cutting fifty basis points
off that that's a factor as well. But you think
about these borrowers, they tend to go to fixed rate
terms of six months one year. They haven't moved a
great deal yet, so the RB they got a way up.
The risk of reigniting the market with lower interest rates,
or the fact that inflation is just about where they

(11:12):
want it. It's almost at the midpoint of the range. So,
and monetary policy is too restrictive. So interesting times, Heather,
We got away by next week.

Speaker 3 (11:19):
Looking forward to it already. Hey, give me the numbers.

Speaker 12 (11:22):
Yeah, the dal Jones is down twenty four points four
to two one three three, so relatively muted overnight. The
S and P five hundred down seven five seven oh one.
And the Nastat we'll call it square. It's gone nowhere
seventeen thou nine hundred eleven overnight. The forty one hundred
up fourteen points eight to nine.

Speaker 14 (11:40):
Oh.

Speaker 12 (11:40):
The Nike still not like in the new the new
head there down two percent overnight, three seven eight to eight.
No change in the Shanghai competit. Don't think they're trading yet.

Speaker 13 (11:50):
The A six two.

Speaker 12 (11:51):
Hundred down eleven point one three percent eight one nine
eight the insects fifty down fifteen points yesterday twelve thousand,
four hundred and fifty one. On the currencies, KeyWe point
six two sixty seven against the US point nine to
one oh four, Ozzie point five to six seven four,
Euro point four seven two two pounds against the n
ninety one point five four gold two thousand, six hundred

(12:12):
and forty nine US dollars and break crud seventy three
dollars and eighty two cents as I look at it.

Speaker 3 (12:17):
Good stuff, Andrew, good to talk to you, mate, Thanks
so much. It's Sandra callaher of JMI Wealth. I'm going
to get you through that. One of the things that
they do in the Mood of the Boardroom every year
is they get them to rank. Basically, this is the
top CEOs and directors in the country rank who they
like the most in cabinet. It's an interesting one. Largely
agree that. I'll run you through that shortly six twenty.

Speaker 2 (12:35):
Two the like Asking Breakfast Full Show podcast on iHeartRadio
powered by News Talks.

Speaker 3 (12:41):
It'd be right here you go. Cabinet rankings for the
Mood of the Boardroom. Number one Erica Stanford, Number two,
Sime and Brown. I would agree with that. Those would
be my top two performers out of cabinet, as well
as our golden balls striking again, isn't it only at
number two though? So it does leave us with something
of a conundrum. If he's got Oldenball's what she if
she's sitting above him? Number three and number four is

(13:04):
Nichola Willis and Chris Bishop would largely agree with that.
Number five is a bit of a surprise. Judith Collins now,
not because she's not capable, because she is, but hasn't
had that much exposure on a bunk. I suppose she's
had to pull a few ministers into line as the
ag there's that. Then Christopher Luxe and Winston Peter's, Mark Mitchell,
Brook Van Valved and Todd McLay would agree with that.
Tom McLay obviously had a bit of a bunp because
managed to pull together the uae FTA in record time.

(13:27):
Twelve is David Seymour. That's a surprise that he's that low.
We'll talk about him later on. There's a reason for that.
Six twenty six.

Speaker 2 (13:33):
Trending now has warehouse the real house of fragrances.

Speaker 3 (13:38):
Right, We've got a trailer this morning for what's believed
to be Clint Eastwood's final ever film that he'll be
involved with. He's ninety four, by the way, and he's
directed Dura Number two. It's all about a family holding
a dark secret while serving on the jury of a
murder trial, grappling with a moral dilemma that could convict
or free the wrong killer.

Speaker 13 (13:55):
It was last Octoll Gray. He was reading and I
hit something. I got out of the car and I
looked around. I checked. I didn't see anything, and I
figured it was a deer that ran off.

Speaker 1 (14:11):
Okay, what's the problem? I got called for jury duty.

Speaker 3 (14:19):
The kind of carda case, and he's gonna pay for
what he did.

Speaker 1 (14:26):
What are you telling me?

Speaker 13 (14:30):
Maybe I didn't hit it there. Let me just ask
you one thing. Did you guys ever look at any
other suspect?

Speaker 3 (14:38):
Oh sounds good. I good. Cast Tony collect Keeper Sutherland,
Leslie Bibbs, JK. Simmons its in theaters first of November.
Joan Withers of the Warehouse with us after the Headlines,
setting the.

Speaker 2 (14:57):
News agenda and digging into the issues. Heathern Do for
ce Ellen on the mic, asking breakfast with Bailey's real estate,
your local experts across residential, commercial and rural news talks
head be Hey.

Speaker 3 (15:09):
Overnight, the UK Prime Minister Keir Starmer has announced he's
going to pay back some of the gifts and hospitality
that he received it received. He's going to pay back
six thousand pounds worth. This is obviously after the row
over the ministerial donations and all the stuff he's been getting.
So he's paying back the cost of six Taylor Swift
tickets for tickets to the races, a clothing rental agreement
with the high end designer that his wife liked, and

(15:30):
I think maybe some of her hair and makeup sessions
and stuff like that as well. Six thousand pounds is
not even going to touch the sides. This guy got
over one hundred thousand dollars worth of freebies. He got
the use of an apartment, he got glasses for himself
and clothing and so on. But I suppose do a
little bit. You don't have to do it all right,
We'll have a chat to Rod little. He'll be with
us after past eight. Right now, it's twenty two away

(15:52):
from seven pet You down The Herald's annual Mood of
the boardroom is out CEOs and direct to say they
like the Prime Minister, they like the Finance Minister, they
like the Education Minister, Erica Stanfard especially, but they don't
like Adrian All, the Reserve Bank governor. And the thing
that they're most worried about in this country right now
is energy prices. The Warehouse Group chairperson Dame John With

(16:13):
has took part in it.

Speaker 10 (16:14):
Morning Joan, Morning Heather.

Speaker 3 (16:16):
I'm fascinated by your top three issues because I agree
wholeheartedly with your education and truancy. But why did you
put that in there.

Speaker 10 (16:23):
I think living in South Auckland, you know, it's from
my entire married life and just seeing what's happening and
operating a bit more in Central City in terms of
my business and corporate activities, I just see the disconnect
and I think we've got major issues if we don't
address this. I think the government are making with some
really good moves, but I think it's got to be

(16:44):
an imperative because it really underpins the future of New Zealand,
not only in terms of the caliber of what we
do and how we grow as an economy, but I
think by making sure we don't leave people behind as
far as education is concerned, we are doing something to
mitigate the risk of social disruption and disconnect such as

(17:05):
we've seen in other jurisdictions around the world.

Speaker 3 (17:08):
There seems to be a general consensus as well, just
on other cabinet ministers, that Chris Luxen and Nikola Willis
are both doing well but sort of still need to
prove themselves. Would you agree with that.

Speaker 10 (17:18):
I think they've done incredibly well. I think they have
addressed the key issues upfront or tried to do as
much as they can, which is stabilizing the economy, trying
to get gross back, getting inflation down. But I think,
you know, having just had the chance to glance through
the article of this morning's Herald, certain consensus from business

(17:39):
people is right now we need to pivot. We need
to get on with things. We need to start thinking
about our future and get on with maximizing the New
Zealand's opportunity both to messiple but also obviously in terms
of our place in the world.

Speaker 3 (17:52):
Yes, so are you looking for a little bit of
that big picture stuff about where they take us.

Speaker 10 (17:58):
I think that'd be good. I totally understand that the
hierarchy of priorities, and you know, the economy is still
doing it really tough, and it's interesting reading that. You know,
people are probably more positive about the future than a
lot of companies are seeing. The hero now is pretty grim.

(18:19):
So the government really had to address that. But yeah,
I think we all want to put our chins up
and say, where's New Zealand's place in the world going forward?

Speaker 13 (18:28):
Yeah?

Speaker 3 (18:29):
Would you agree with the sentiment which comes through really
strongly that Adrian or has completely overcooked us in both directions.

Speaker 10 (18:36):
I'm not prepared to comment on Adrian's performance as governor
of the Reserved bancome a director of vein Z. I
can understand how difficult it is, and I think even now,
if you read some of the articles, I think people
are saying, yes, maybe for the cycle, we're on top
of we're on top of inflation. But you know, I
can understand that that it was essential that he got

(18:58):
that under control. It's just now about how quickly people
respond to an ocr cut was seen one, what happens next?
And you're just making sure that we don't all the
momentum now going forward?

Speaker 3 (19:14):
What are you looking for, Joan Rique? Are you putting
your money on twenty five or fifty next week.

Speaker 10 (19:18):
Well, I'm praying for fifty.

Speaker 3 (19:20):
Yeah, aren't we all? Joan, thank you. I really appreciated.
Dame Joan with is the Warehouse Group chairperson nineteen away
from seven.

Speaker 1 (19:26):
Together du for se hout the mood of the boardroom.

Speaker 3 (19:28):
On Christopher Luxen. So people quite liking Christopher Luxon. I
think that the CEOs and directors are liking the most
about him is basically his ability to keep the cabinet
focused on doing their job, so focused on delivery gets
some four point three out of five. Leveraging his brand
for New Zealand gets some three point nine out of five.
Builds confidence with business three point seven six, et cetera,
et cetera. All the way down to the one that

(19:50):
he scores the worst on is political performance as Prime Minister,
which is three point three eight of the CEOs and
someone who asked about it, just seven percent of them
rated him as very impressive on this KPI, and according
to The Herald, this was the lowest ranked of the
nine KPIs rated by survey respondents. The problem for him

(20:10):
is basically that he isn't very experienced is he in politics?
Much more experienced in business, you kind of see that
coming through here. Morrison CEO Paul Newfield says that he
was part of watching Luxe And overseas talking with high
profile investors. Apparently the investors loved it, love the fact
that Prome Minister comes and that he's open and genuinely
asking them for advice and input and so on. Problem

(20:33):
for him on the politics front is a key lobbying
firm head says his style isn't warm like John Key
or Jacinda and several CEOs are concerned about the tone
from the top. Still stuck in negative election mode, seems
to have forgotten who the opposition is. But overall he'd
be pretty pleased with that, I think. I mean, if
his job is to he's the prime manager, that's what
he wants to do. He's getting four point three on
that and that's not bad. Seventeen away from seven, the.

Speaker 2 (20:56):
Mic Hosking Breakfast Full Show podcast on iHeartRadio powered by
News talks at.

Speaker 3 (21:01):
B hither who cares whether Luxe And is warm or not?
He has to be effective. I thought we'd buried the
be kind attitude with Jasindardum, which is a fair point
to make. I guess that the warmth thing is just
about whether he can ever become quite quite as popular
as any of the other ones. I've got to run
you through what the PPTA is best. PPTA there turnaround
on charter schools my favorite thing of the day. So
I'm going to tell you about that very shortly, right now,

(21:22):
fourteen away from.

Speaker 2 (21:23):
Seven international correspondence with ends and eye insurance, peace of
mind for New Zealand business.

Speaker 3 (21:30):
Joe McKenna out of us, ely for us right now,
Joe are you there? Can you hear me?

Speaker 15 (21:39):
Joe?

Speaker 3 (21:41):
No, we've got a problem with Joe's line. We'll try
and get Joe up. In the meantime i'll be able
to tell you you guys, just check it there for
me and then let me know when she's okay. The meantime,
we'll be able to tell you what's going on with
the PPTAs it's got to be the turnaround of the year.
I reckon. The PPTA has decided yesterday to stop hating
on charter schools. Now, if you know the union's position
on this, in particularly the PE's position on this, you'll
know that they are a huge opponent of David Sewell's

(22:04):
chartered schools have been lobbying against these charter schools for
the longest time. Going to their website, they've even got
these online forms for teachers to fill out basically just
to submit how much they hate the charter schools all
the way through to Parliament. Now turnaround have decided this
has basically been the teachers are forceless on them decided
that they are going to extend union membership to teachers
who work in charter schools, and they're saying this is

(22:27):
being done because they want to make sure that those
teachers have got a union, right, So this is them
being altruistic bs that's the line they're going to pedle.
I think much more likely what's happened is teachers are
not stupid, and teachers have had a look at the
situation and seeing that they can be paid x amount
of money if they work in the public sector, but
if they have a look over at the charter schools,

(22:47):
which will be independently operating, they will potentially be able
to get a whole lot more money if they switch
to a charter school, or if their school becomes a
charter school, or whatever the case may be, and so
they want the dollars and who doesn't want the dollars,
and that means they have to leave the union. The
unions looked at the situation thought, well, we want their dollars.
If they're getting more dollars out of the charter schools,
we'll have their dollars, thank you very much. And so

(23:07):
they've decided to basically make the situation easier for them. Anyway.
We'll have a chat to the PPTA about that. Just
after seven o'clock, joe Y Kinner should be back with us.
Joe Are you there, I am, I'm here. Oh, good
morning now, Joe on the Middle East? Right, you guys
are obviously a lot closer to the situation than we are,
so you'll be watching this much more keenly.

Speaker 16 (23:24):
You're feeling nervous, well, I think there is a lot
of nervousness in Europe, and late today the Prime Minister
Georgia Maloney called emergency talks with other G seven leaders.

Speaker 14 (23:38):
She's exposed to her concern about the escalation of the conflict,
emphasizing that it is regional, but it's not in the
interest of anyone obviously to keep it going, and they're
desperately looking for some sort of diplomatic solution, but it's
looking very nerve wracking at the moment from where we're
sitting in Europe.

Speaker 3 (23:56):
Is there some hope though? I mean it sounds like
G seven is pretty hopeful that there will be a
diplomatic solution.

Speaker 14 (24:03):
Well, as you can imagine, there's intense diplomatic talks going
on from the US to the UK to Europe, and
as I said, the G seven leaders were speaking today,
they're going to obviously stay in touch and try and
seek some sort of solution. Italy is incidentally still the
president this year in this rotating presidency of the G seven.

(24:26):
The Italian deputy Prime Minister, the foreign mister Antonio de Tahani,
is also very much involved in trying to further talks
with other countries. They're also concerned in Italy about peacekeeping
troops of Italian troops that are still inside Lebanon and
worried about their safety there.

Speaker 3 (24:46):
Jonaston that poisoning of the Italian spies, So we think
that mafia was involved in.

Speaker 14 (24:51):
This, Dear, this is an amazing story to missing. Authorities
investigating are investigating the mysterious of a former Italian spy.
He seems to have been poisoned at a dinner he
was having with nine retired Italian colleagues in Tunisia. He's
sixty two years old. They were having a dinner I think,

(25:14):
just a couple of weeks ago. Initially the desk has
been thought to have been a cyanide poisoning some sort of.
They drank a peach liqueur and one man died and
a couple of others were taken off to hospital. And
it's interesting because these agents were apparently involved in an

(25:35):
investigation that resulted in the arrest of a man known
as Angelo Stracuzzi. He's got mafia Lynx with the Sicilian
Cosa Nostra, and he was arrested and taken to prison
in Italy. And there's suggestions that this might be vindication
for that arrest and investigation.

Speaker 3 (25:54):
A very interesting stef Joe, look after yourself. Thank you
very much, Joe mckinna with us out of Italy. I'm
sorry to have been proven right or ye know, right
on this one. Generally I like being proven right. Who doesn't,
but not in this particular case in New Zealand. Reducing
capacity again on four more routes. And the reason I've
been proven right was because you remember when the Mviicargo
Wellington route was cut earlier in the week, as I said,

(26:15):
not gonna be the last of it, and watch out
for the Wellington roots. And sure enough one flight from
Queenstown to christ Church will move to a smaller plane,
Dunedin to Wellington. There's a Wellington flight moved to a
smaller plane. Christ Church New Plymouth will lose three flights
and then blend him to Wellington. Not a huge change,
but it will have a flight moved earlier. I were
going to have a chat to Air New Zealand about this.
After seven it's nine away.

Speaker 2 (26:33):
From Heather Duplessy Ellen on the my costume break lift
with the Jaguar f base news talk zedb.

Speaker 3 (26:40):
Hey, so big news yesterday in terms of justice and
miscarriages of justice, and I tell you what, we're seeing
a fair few of them at the moment, aren't we.
The Court of Appeal finally acquitted Gail Many Now. She
was accused of an historic murder all the way back
in nineteen eighty nine of Dean full of Sands, and
the way that this case was handled was it's hard
to read about the case and be convinced that that

(27:02):
obviously everything wasn't hunky dory, right. The Court of Appeal
has ruled that. But if you read about it, you well,
that's obvious, isn't it. Because what happened was it relied
on the evidence of a bunch of witnesses, but a
couple of the witnesses did not agree on what they
each say happened. And this is where it gets really weird.
A fax was then sent and then they did agree.

(27:23):
So what happened is one of the cops who was
working on the case sent a fax to one of
the detective one of the Auckland lawyers representing one of
the key I witnesses. Now, remember two kei I witnesses
at the stage do not agree. The facts goes through
attached to the facts as the transcript of the interview
with another witness right, detailing about what he detailing what
he said he saw about the murder. After the facts

(27:44):
are sent to the lawyer, suddenly the client agrees with
the other guy's story. Suddenly took their singing from the
same song page. I mean, you'd have to say that
can hardly be a coincidence, right, So the Court of
Appeal has now based on all of the available evidence.
Has ruled that there's no evidence, let alone credible evidence. Again,
it's Gail Manie. She's now free for the first time
in twenty five years. She served fifteen years in the

(28:04):
slammer for it. One of the guys who's worked to
get her out of the situation is Tim McKinnell, private investigator.
We're gonna have to talk to him in the next hour.
Right now, it's four away from seven.

Speaker 1 (28:14):
All the ins and the outs. It's the fiz.

Speaker 2 (28:17):
Swift Business Fiber take your business productivity to the next level.

Speaker 3 (28:22):
Got some numbers for you on the small business sector
this morning. They come from zero in their Small Business
Insights program. Small business is getting prompt payment for their
work has long been an issue, with most late payments
coming from the large businesses.

Speaker 17 (28:33):
Now.

Speaker 3 (28:33):
Back in twenty twenty one, there was about four hundred
and fifty six million dollars worth of late payments owed
to Kiwi small businesses. The latest numbers though, from twenty
twenty three, sure that's jumped to eight hundred and twenty
seven million bucks in overdue payments, pretty close to doubling.
You may remember, in February of this year, small Business
Minister Andrew Bailey made the announcement that the government would
be requiring agencies to adopt faster payment times, while also

(28:56):
working with Business New Zealand to create a voluntary code
to make sure that this all businesses are paid on time.
So far, ninety five percent of government agencies have met
the benchmark of paying invoices within ten business days. Not
sure how effective a voluntary code is going to be, though,
right because how effective are they ever? Heather, The PPTA

(29:17):
wants to take in charter school teachers so they can
control them. Those teachers want freedom to teach their way.
Don't lock yourselves into a union. You'll be screwed over.
That's not my That's not that was what that was
the texture. I'm just making that clear. I don't say
don't don't don't lock into a union, although would be
roughly where I sit on that anyway. I have a
chat to the PPTA shortly and in New Zealand after
the news.

Speaker 2 (29:44):
JESUSND the Breakfast Show You Can Trust Heather duplicy Llen
on the Mike Hosking Breakfast with a Vida Retirement, Communities,
Life Your Way News tog said.

Speaker 3 (29:58):
Be morning to you hear the duplicy l and for Mike,
who's back on Monday. Now, only days after cutting the
Envicargol to Wellington flight in New Zealand has reduced capacity
on four more routes. One flight from Queens Sound to
christ Choge will move to a smaller plane. Dunetan to
Wellington will move to a smaller plane. Christ Chute New
Plymouth will lose three flights and blend them to Wellington
will have a flight moved later in the day. In

(30:18):
New Zealand's domestic general manager Scott Cars with us. Morning Scott,
Good morning Hell. What is going on with you guys?

Speaker 18 (30:26):
Well, this is just a normal practice for us and
fairly difficult circumstances. To be honest, I know we've got
a lot of care and planning into ensuring our domestic
network services our communities across the country effectively, and as
a result, we regularly review our schedule and make some
adjustments here in there to make sure it's for purpose.
In this case, you know, we've got a lot of
cost increases and demand softening issues with aircraft and so

(30:48):
we're having to right size some markets to make sure
we continue to deliver a sustainable service to those communities.

Speaker 3 (30:54):
Okay, mean, obviously some of this is about the routes
not making enough money, But has have the engine problems
got anything to do with it as well?

Speaker 19 (31:01):
Yeah?

Speaker 17 (31:02):
It does.

Speaker 18 (31:02):
I mean these engine problems cascade down through our fleets.
So if we have a problem with our a three
to twenty narrow body fleet, sometimes we have to use
atrs to fly those services, and that means we've got
to find those aircraft from other parts. So it is
it's a problem that spreads across the entire business that
we're trying to resolve.

Speaker 3 (31:19):
Here, you're doing this only next year, right, this is
stuff that keecks in in February, January, February or so on.
Does that mean, k can I read into that that
you were expecting next year to be even tougher.

Speaker 18 (31:31):
No, this is really about planning. It's about making sure
we get these things into market as soon as we can,
and also practically just sort of understanding we have people
booked on those services, so you know, changing people's travel
plans too early to me highly disruptive and so you know,
these are good, good decisions that we have to make economically,
but we are delaying those changes until after the school

(31:53):
holiday break, just to make sure that we actually aren't
disrupting too many people and we get all our people
at pilot's crew et c.

Speaker 5 (32:00):
In the right places.

Speaker 3 (32:01):
Is this the end of it or is there more
to come?

Speaker 18 (32:04):
Look, I wish I had a crystal ball that could
predict the future, Heather, it is these are trying times.
Costs up, as I mentioned before, demands down, and you'll
be well aware of things like government travels down about
thirty percent across our network. Hey, if that continues indefinitely,
then we might have to make some more changes.

Speaker 19 (32:23):
I don't know.

Speaker 18 (32:24):
But then again, if it bounces back, hopefully we can
get more aircraft in the year will be. You know,
we've got a strong commitment to growing a domestic business
that has not changed in a long time. We do
understand that domestic flying, connecting New Zealanders to each other
and the world is part of who we are as
a brand, and we want to do that, so we
want to continue to grow. It's just we're going through
a bit of a lull here, as I say, where

(32:46):
costs and demand are not moving in the right direction
to us.

Speaker 3 (32:49):
Scott, thanks very much, best of luck with everything at
Scott car in New Zeald's general manager of Domestic Heather
do for LBTA has had an enormous change of heart
on charter schools. By the looks of things, the union
has decided it will now cover teachers who work for
these essentially independent schools and this is a massive turnaround
from railing hard against the establishment of the schools in

(33:09):
the first place. Pbta's president Chris Abercromby is with us.

Speaker 5 (33:12):
Hey, Chris, goodly, good morning.

Speaker 3 (33:14):
This has got to be one of the biggest turnarounds
in the history of the union, right.

Speaker 5 (33:18):
Oh, I wouldn't go that far at all. I'd just
say this is responding to the situation we're in and
supporting our members and.

Speaker 16 (33:24):
How many of your members wanted this, oh well, our
our annual conference pastor so as a representative of all
all our regions in New Zealand, more than fifty percent?

Speaker 10 (33:34):
Yes?

Speaker 5 (33:35):
Absolutely?

Speaker 3 (33:36):
Do you know how much more than fifty percent?

Speaker 17 (33:38):
No?

Speaker 5 (33:38):
I don't know how much more than fifty percent.

Speaker 3 (33:40):
This is about them wanting the better pay that's on
offer at the charter schools oone.

Speaker 5 (33:44):
No, no, this is about the forced conversion of schools
against their will and our members not having a decision,
and so we need to be there to protect them.

Speaker 3 (33:51):
But how how I mean we're not It's not going
to be more than fifty percent of teachers who are
affected by this. So why are more than fifty percent
of teachers worried about it?

Speaker 15 (33:59):
Well?

Speaker 5 (33:59):
The men it's them out said he wanted eighty percent
of secondary schools to be charter schools, So it's going
to be a lot more than that. So we we're
here to protect our members. We absolutely oppose charter schools,
but it's the forced conversion of these schools on the table.
We need to be there to protect our members.

Speaker 3 (34:12):
So are you going to continue to lobby against charter schools?

Speaker 5 (34:16):
We want all we want any school charter school that's
created to be integrated back into the state system, and
we need to be there to be there with our
members to support them.

Speaker 3 (34:24):
Are you open to changing your mind? Like if your
members are working for charter schools and like, actually, Christ,
this is an awesome situation. I love it, and enough
of them say that to you, will you change your mind?

Speaker 5 (34:34):
Well, we'll always listen to the membership and we'll see
what happens. But as it stands, we don't think charter
schools are needed. We don't need them in New Zealand.
They have got a record of failure, a record of
lack of transparency, all of these issues. But we need
to be there to support our members to decide and
you make these decisions. And you know we're not going
to let the Associate Ministry of Education decide who can

(34:55):
be our member.

Speaker 3 (34:56):
Chris, I would have thought that you guys should be
stoked about this because this creates more work for you,
doesn't it. I mean like this actually could potentially strengthen
the union because no longer is there this one collective agreement,
you might be rolling out multiple ones that you have
to go out and negotiate.

Speaker 5 (35:09):
Now, well, that could potentially happen. We will have to
have site based agreements, but teachers will be the only
workers in New Zealand that don't have a right to
a multi employment collective agreement. Again under the Education Social
Education Minister's law, these restrictions on us, and we're we're
busy fighting back against it.

Speaker 3 (35:25):
Good stuff, Chris, thanks very much for your time. That's
Chris Abercrombie, the PPTA president.

Speaker 1 (35:30):
Heather duper c Ellen, Yes, the mood of.

Speaker 3 (35:32):
The boardroomer case, CEOs and directors will asked what they're
most worried about for New Zealand. The domestic issues at
the moment Number one, by far and away. Number one
energy price increases, then the cost of living, then security
of energy supply, then interest rate levels, then cyber threats,
rising insurance costs, and the Reserve Bank management of the OCR.

(35:52):
Now you'll notice there that a couple of them actually duplicate,
pop up twice. So energy, the supply of energy, and
the price of energy is there at number one and
number three. So that is a very very big worry
for business. And you can understand why, because you can't
do business if you can't afford the power or if
you don't know whether the power is going to be on.
And already we've had a few meals around the country

(36:13):
closing as a result of that, or at least in
part as a result of that. And you'll notice the
OCR and the Reserve Bank have popped up there twice
as well. And feels like the message to Adrian or
is not loving what you're doing, Get on to bringing
those rates down. Thirteen past seven The Mic.

Speaker 2 (36:28):
Asking Breakfast Full Show podcast on iHeartRadio Howard By News talks.

Speaker 3 (36:33):
At be that this bozo for from the Teachers Union
said that charter schools have a history of failure. What
the actual has he seen our recent educational outputs? Heither,
maybe that guy from the teachers Union should go look
at the literacy and the math standards of kids and
state schools in New Zealand. Heither no mention of the
record or failure of state schools. All fair points. I mean,
who needs charter schools when state schools are just doing
so well at the moment making sure our kids have

(36:55):
an education and a turning up to class A. By
the way, you want to see what the PPTA has
been doing it, Daniel Conference, I'll on you through that
when I get a teck. Seventeen past seven, now, after
twenty five years, Gail Many as a free woman, spent
fifteen years in the slammer. The Court of Appeal yesterday
finally acquitted her of murdering Dean full of Sands in
nineteen eighty nine. Now, private investigator and former police officer

(37:18):
Tim mckinnell's been working on this case. A tim morning
here and when you first saw the documents relating to
this case, when she gave them to you, did you
know immediately that she hadn't done it?

Speaker 6 (37:28):
It was pretty clear pretty quickly. It takes a wee
while to get through it. There's a lot of material,
but it became pretty clear that the current case was
in many ways just an absurdity, and so myself and
others that looked at it and knew fairly quickly that
we had a miscaracter. Justice Sonny Hands.

Speaker 3 (37:43):
The thing that struck me was when I read about
it. It was not nearly as extensively as you obviously, but
the fact that the facts that the detective sent the
lawyer about witness statements that to me looked like a
crucial piece of evidence that said something was wrong.

Speaker 19 (37:58):
Yeah.

Speaker 6 (37:59):
Absolutely, just don't do that. It's pretty plain, one O
one a detective thing. You don't send things like that,
and when you do, and if you do, you disclose it.
And it wasn't disclosed. And that's one of the reasons
that the court pointed to a miscarriage occurring here.

Speaker 3 (38:14):
Now, one of the other cases you've worked on, which
is the Allen Hall case, has actually got three people
now before the courts themselves for the miscarriage of justice.
Are you expecting something similar to happen here?

Speaker 6 (38:26):
Based on our assessment of what happened, we think there
are a few people that probably ought to be the
focus of a criminal investigation, and we'll be encouraging the
police to do that.

Speaker 3 (38:36):
Tim, That's quite serious, isn't it, Because that's not we
just whip see. We stuffed it up that there's something
more considered there in order to be charged.

Speaker 6 (38:46):
Yeah, this is I think this whole investigation was corrupted
from the outset, and when that big started to become exposed,
it it was covered up.

Speaker 3 (38:55):
You reckon, you reckon. She's going to get compom.

Speaker 19 (38:59):
She ought to.

Speaker 6 (39:01):
She's as innocent as you and I of Dean phili
sans murder. And so that's the next step for us
is to start working towards that fort.

Speaker 3 (39:09):
I mean, why is it that we are dealing with
so many miscarriages of justice at the moment, because it
feels like it's just quite a lot coming at us.

Speaker 6 (39:16):
Yeah, that's right. Well, it's because I think some of
the belief we had in the safety of our criminal
justice system was misplaced. The system has, I think, over
the years, protected itself. The mask is starting to slip
and we're starting to see more and more of these cases.
There are more to.

Speaker 3 (39:33):
Come, Tim, thanks very much, appreciate it. Tim mcknell, private investigator,
former police officer, John too Good. You'll know the name obviously,
former guy from She Had. He's gone solo. He's got
a new single, he's got a new album, he's got
a new tour. He's going to be with us in
the studio after eight o'clock. Not a lot of love
for Air New Zealand, although I feel like in New
Zealand's probably getting used to this. Hither demand is dropping

(39:54):
because you're charging. This has written to ends, is like
an open letter, so an open text. In New Zealand,
command is charging because you are charging like a wounded bull.
Our business had forty return flights with you last year,
but we could say forty to fifty percent going on
jet Star, so it just didn't make any economic sense
to fly with you. Twenty past seven.

Speaker 2 (40:13):
The Mic Asking Breakfast Full Show podcast on iHeartRadio powered
by News Talks at me.

Speaker 3 (40:19):
Hey, whether you're looking to buy a home or invest
your hard earned money, you want an established bank with
solid foundations, committed doing the best for the people who
bank with them like SBS Bank obviously. I mean these
guys have been around for over one hundred and fifty
five years with roots firmly planted in Kiwi soil. Now
North Islanders may never have heard of SBS, but Southerners
and Owen love them. SBS is owned by its members,

(40:41):
proudly keeps its profits here in New Zealand, so when
you bank with them, you're helping to actually grow New Zealand.
And not to mention, they are award winning Canstar's Bank
of the Year for First Home Buyers twenty twenty two,
twenty twenty three and twenty twenty four, helping New Zealand's
newest endangered species, which is kiwis trying to buy their
first home and they haven't. I've got the forgotten the
investors either highly competitive rates for investments. So if you're

(41:04):
in the market for a home loan, or if you've
got money that you want to invest for great returns,
or maybe you just want to move to a bank
with heart, search SBS Bank to find out more. Heather
do for see Allen seven twenty three. Listen on labor
and the situation with the Middle East. They're gonna have
to sort themselves out of over this. I'm obviously talking
about Damian O'Connor's tweet just sort of had a little

(41:26):
bit of media coverage in the last few days, but actually,
frankly not enough for how offensive it is. I was
surprised yesterday when I was listening to Carmel Seppaloni being
interviewed on this. She's being interviewed as the leader at
the deputy leader of the Labor Party, given that Chippy's
away at the moment, she's in charge, and she was
asked if Damian O'Connor should apologize for his tweet, and
instead of saying the obvious thing, which is yes, because

(41:48):
that's the only answer to give, she started making excuses
for him. Ah, he feels very strongly about the situation,
as if that makes it okay for him to say
what he did. Now, let me just remind you what
it was that he retweeted. Palestinians have every right to
do what they did on October seventh, and let me
remind you what Ramas did on October seventh. They raped

(42:08):
and murdered innocent people. Now, it doesn't really matter where
you stand on this conflict. No one, especially a senior
politician can say or think that it's okay for terrorists
to go and kill teenagers who are out at a
dance party. It's not okay. I don't care how much
you are angry with the State of Israel or whoever.
It is not okay for terrorists to go and do

(42:29):
that to innocent kids. Absolutely, Damian O'Connor needs to apologize
for endorsing that sentiment. Now, I get that this conflict
is making people feel very, very upset, and it appears
to be scrambling people's better judgment. Right Just this week
in Australia, we had the case of a young reporter
questioning why Australia doesn't treat Israel in the same way
that they treat Hisbola. All the answers obvious. They're not

(42:49):
the same. One is a state and one's a terrorist organization,
and there is no equivalence between the two of them,
no matter how much you may disagree with what a
state is doing. But that is exactly why Damian O'Connor
and needs to set an example by apologizing, because right now,
when people are as angry and confused as they are
about what's going on, what we actually need from our
major and serious political parties and our MPs, and especially

(43:11):
the senior ones who are holding senior portfolios like Associate
Foreign Affairs spokesperson. What we need from them is to
set an example of how to behave with decency, not
the opposite.

Speaker 1 (43:22):
Together do for Clas.

Speaker 3 (43:25):
Golden Balls is going to be with us short last
Sime and Brown Misster number two in the cabinet rankings
today in the mood of the boardroom, what I want
to talk to him about is I don't know if
you've seen this, but the CRL. This is the new
train system that's going to be running around under Auckland
once it gets going in a couple of years. Go
do the big loop, Just go round and round round we're.

Speaker 1 (43:41):
Going to have.

Speaker 3 (43:42):
It's not going to be going very fast, is it?
Because we're gonna have some temporary speed restrictions because Kiwi
Rail k We Rail is putting temporary speed restrictions in
what a surprise. So we'll ask him about that. And
also the consultant's bill for the Mega Tunnel in Wellington,
which is never going to get built, is already at
one point six million dollars. Anyway, have a listen to
the SECAs said, talk to you about the PPTA. PPTA
has got their annual conference on at the moment, and

(44:05):
if you have a look at the conference papers, this
is on Kiwi blog today. Laid out what's going on
with the conference papers right because it gives you an
idea of what they're discussing, what they spent the conference
discussing on, what their priorities are. This is it. Number one,
Remove all references to gender from their constitution and replace
sihi with they. Number two. Replace all references to the
Treaty of White Tungy with Teti or White Tongey. Number three.

(44:29):
Or lobbying for taxpayers to fund queer community liaison roles
in all schools whose jobs will be to campaign for
Queer angatahi and their rights. Number four. PPTA to become
a peace organization and lobby the government on foreign policy.
How about you teach the kids' maths first and then
you start getting involved in the Middle East. Change the
name of the Canterbury Region to for PBTA to it's

(44:49):
Martin name, the hut Valley region, same West Coast region,
same cool. I mean, maybe when they finished with all
of that, they can think about how to get those
math grades up A not a priority, but if you
just slot that in as the last thing the conference
paper be handy golden balls, same and Brown with us
next News talks HEVB.

Speaker 1 (45:05):
Will you what then?

Speaker 2 (45:14):
News Bold opinions Heather Duple see Allen on the mic
Hosking Breakfast with the Jaguar f pace cut from a
different cloth.

Speaker 1 (45:22):
News Talks EDB former.

Speaker 3 (45:24):
She had front man John too Good and studio with
us after eight to talk. Going solo on the texts, Heather,
I'm just back from visiting schools in Brisbane. Their union
focuses solely on paying conditions one hundred and fifty thousand
dollars Australian for a teacher. The PPTA needs to stick
to its core business. That's from Patrick right now, twenty
two away from eight.

Speaker 1 (45:41):
When you backing your neaper.

Speaker 3 (45:45):
So unbelievably, trains on Auckland City rail Link will not
go as fast as we previously expected when the thing
finally opens in a couple of years time. This is
because of temporary speed restrictions again put in place by
again kre We Rail Transport Minister Simeon Brown is across
the issue. Morning to your Simeon.

Speaker 6 (46:04):
How are you.

Speaker 3 (46:05):
I'm very well, thank you. How is this happening?

Speaker 20 (46:07):
Well, ultimately, there's a lot of work that needs to
be done to get these tracks up to spec. The
government's put significant funding into the complete the rail network rebuild.
Our focus now is making sure that key Rail delivers
on what it's saying that those delays will be at
a minimum, So forty five seconds delay of approaching the

(46:28):
CBD from the Western line, thirty seconds approaching from the
Southern line, and one minute twenty approaching on the Eastern line.
That's a lot lower than what it currently is, which
is around five and a half minute of the network.
So you expect well, I think the reality is there
is a lot of work that needs to be done.

Speaker 14 (46:45):
This is.

Speaker 20 (46:48):
And we need to make sure that keep Rails really
focused on it was I expecting it, no, But what
my job is now as the Minister of Transport is
to work really closely with all the parties involved to
make sure that the resources are are there, which we've
done in the budget, and then to make sure that
it's delivered effectively and efficiently so that we get the
best possible outcome. When the City Rail Link opens sitting And.

Speaker 3 (47:08):
How did we've been working on the City rail Link
since twenty thirteen. How did ke we Rail not have
it ready these tracks ready to go by twenty twenty
six when the thing opens.

Speaker 20 (47:17):
Well, I think the issue is that the rail network
needs significant renewals. It's not just that the City Rail
Link has been a multi billion dollar project in terms
of building a new part of the rail network. This
is about making sure that the tracks on the entire
rest of the network can actually cope with the increased

(47:37):
number of trains which Aucklanders are expecting. Railing is funded.

Speaker 3 (47:42):
However, they know that, and they know that they've had
to do the work. So how have they missed the deadline?

Speaker 21 (47:48):
Well, they.

Speaker 20 (47:50):
Haven't missed the deadline yet. We're focused on making sure
that they do this work before twenty twenty six. But
I acknowledge Aucklands have got rail fatigue. That's the issue
here is we've we're constantly being told more maintenance, more renewals.
I get the frustration that Auckland does have. I've inherited
this problem and my job is now to make sure
that we we get as much done as possible to

(48:13):
deliver the network benefits of this rail link promises by
twenty twenty six, and that's what I'm really focused on
doing and working very closely with the mayor and all
other parties to make sure that that is what we deliver.

Speaker 3 (48:25):
So, I mean, what's going on with the Wellington Mega Tannel.
I see you guys have spent about one point six
billion dollars in consultants. They've missed their deadline. I mean,
is it worth actually going ahead with us because it's
unlikely you're going to actually build this thing.

Speaker 20 (48:37):
Well, ultimately, what we're focused on is making sure this
project is around delivering benefits to cars and making sure
we have travel time benefits, not just making it easier
to get on a bike around Wellington, which is what
the last government was focused on. So we reshifted the
priorities to make sure that that's what the project delivers. Yes,
we've spent there's been a bit of a money spent.

(48:57):
It's a lot less than the tens of millions spent
by last government on on on their business case to
make maxcycling more attractive around Wellington.

Speaker 3 (49:07):
You realize you're making the same mistake as them, right
they made they made. This is exactly the kind of
thing that they did. They'd come up with these pie
and the sky ideas that were never going to happen,
and they blow heaps of money and consultants, which is
basically fund consultants. This tunnel is never going to be built.
It's going to be way too expensive. If you can't
build an Needin's hospital to full specs, you're not going
to build this. So why spend the money on the consultants?

Speaker 20 (49:26):
Well, I guess as I said that the project that
was underway needed to have its priorities put in the
right order. There's now three options which will go to
the nd TA board. They'll make a determination and then
a decision we made and we're going to follow that through.

Speaker 3 (49:40):
Have you seen mood of the boardroom?

Speaker 5 (49:43):
I have?

Speaker 3 (49:43):
How are you feeling? And number two? Number two?

Speaker 20 (49:46):
Oh look, I think there's I mean, there's a lot
of a lot of work on my plate, but ultimately
it's a privilege to serve New Zealanders which is really
focused on you know, their entire cabinet really focused on
getting getting things done for New Zealand across across our country.
That's what we've got to do.

Speaker 3 (49:57):
Did you know that you were being called golden Balls. No,
when did I break it to you?

Speaker 20 (50:05):
I think I think you did, Heather. But look at
the end of the day, Look there's a lot of
challenges across all my portfolios, and Simmy and don't.

Speaker 3 (50:12):
Sound like it's a bad thing. You know who was
originally called golden Balls was David Beckham?

Speaker 20 (50:17):
Well, I wasn't aware of that. But all I say
is a real focus across my portfolios. That's what I'm
focusing on.

Speaker 3 (50:23):
You're the David Beckham of the cabinet. That's cool.

Speaker 20 (50:27):
Thank you, Heather, thank.

Speaker 3 (50:30):
You Sybb And jeez, honestly, I really how can you
make this so serious of Simon Brown, the Transport Minister.
I don't I'm not going to repeat it again. I've
said it enough times. Right now, coming up seventeen away
from eight, Heather, the battle brewing over food, trucks and
christ Church and stuff. We're going to get to it
before eight o'clock. And also got a grim warning from
our transpower about next winter. It really isn't looking good

(50:51):
at all. Actually, you know what to tell you what
we'll do that after the break we'll get to get
you across all those details.

Speaker 2 (50:56):
News talks, b the my asking break first Show podcast
on iHeartRadio powered by News Talks.

Speaker 3 (51:03):
That'd be yeah, that maybe Sam and so serious because
the extent of the messless countries and that's from Connell.
Maybe maybe maybe he's also maybe well maybe it's obviously
news to him that it was a cool thing that
people said about David Beckham. So maybe he just needs
to let it sink in just what an amazing compliment
this is to him. I'm really having the suffer. I'm
really trying to sell this on him. Anyway, Listen, here's

(51:25):
the forecast from Transpower. It's not looking good for next
winter unfortunately. And you may recall we've actually managed to
get through this winter okay, but there were some concerns
about whether we were going to have blackouts and stuff
going to be tight again next winter on the powersplot. Well,
I say that we're okay. We didn't have blackouts, but
then we did have to shut down part of t Y,
shut down a bunch of mills, shut down methodics to

(51:48):
make it through. So actually, come to think of it, it
was a bit of a disaster the winter. So we're
basically in the same position next winter. We are going
to have fortunately a little bit of capacity coming on.
So two hundred and fifty mega watson new generation is
supposed to be commissioned, and two hundred and ninety watts
of megawats of new generation is expected to come back
from long term outages. So that's five hundred and forty right,

(52:11):
But then we lose some So contact Stratford generator is
going to go down for decommissioning, so that takes out
three thirty megawats. That leaves us with a net gain
of two ten megawatts. Then of that, two hundred and
five megawatts would be what the ty Point aluminium smelter
take from Meridian that's been taken off the grid at
the moment that's going to come back on. So two

(52:32):
ten minters two o five. What does that leave you
with five megawatts net gain? Now add into that the
fact that gas has been falling every single year, so
you could probably say that once you take the gas
out of it, we've got enough gas to go around.
Do we end do we still have five megawats, do
we have none? Do we end up in the negative territory?
We're going to be burning the cold. That's basically what
you need to know is when we turn the lights

(52:53):
on next winter. We're burning the coal to be able
to do it. It's twelve away from age. So the
VP of debate yesterday, but between jad Vance and Tim Waltz. Now,
I'm going to ring you through the aftermath, well the
wash up of that rather right, the debate. If you
watch the debate itself, what people really liked about it,
this is the American people in particular who really matter
in this is that it was civil for the most
part and focused on the issues. Jady Vance has been

(53:16):
regarded as a smooth operator who performed better than he
had it as rallies or his previous one on one interviews.
Widely accepted that Tim Waltz had more gotcha moments, particularly
the non answer moment right about the January sixth Capitol
right and whether Trump had lost the last election. Jody
Vance didn't want to answer those questions, and he called
it a damning non answer. But he was also seen

(53:36):
as a bit wobbly and unsteady at times, and, as
was pointed out to me, had crazy eyes. Now I
didn't realize this. Look what are you talking about? Somebody
said it was actually Ryan this morning set. Have you
seen his crazy I was when I had that look
at a photo, wild wild eyes. When you see that,
you're not going to unsee it. The civility was appreciated
very very much. They shook hands, they shook hands with

(53:57):
the moderator and so on. Of they were very nice
to each other. But the poles are what really mattered.
But it's widely accept to jd Vance's one. Both the
CNN and Fox News polls Hadvance beating Waltz fifty one
forty nine. A CBSU Gov poll, and remember CBS were
the ones who actually hosted the debate, had Advance on
forty two percent, Waltz on forty one percent, seventeen percent
saying it was a tie. People liked both candidates more

(54:20):
after seeing them before the debate. Walt's had a favorable
view of fifty two percent of people. That went up
to sixty percent afterwards. Jd vance Has numbers went from
forty to forty nine percent. On balance, you'd have to
say jd Vance definitely edged it and just but when
eighty eight percent of what just say the debate was
generally positive versus twelve percent saying it was negative, maybe

(54:40):
it was just that they liked that it was a
good day for American politics for once. How about that eleven.

Speaker 11 (54:45):
Saying it comes down to the eyes, doesn't it? Because
I hear what you're saying about the crazy eyes. But
then Vance's eyes are also weird. He's got that whole
sort of permanent Misscara lot going on. He sort of
like you somehow related to Alice Cooper.

Speaker 3 (54:58):
There's also that, but there's I thought he had a
sort of like I think he has quite piercing eyes,
which can be they can cross over to quite evil,
can't they? Like it's quite He's got sinister eyes, isn't he.
It's not to say he's a sinister person. He's just
got sinister eyes. Like you'd be unnerved if you sat
across the dinner table from him and he stared at

(55:18):
you for an hour, wouldn't you?

Speaker 11 (55:20):
So yeah, I don't know. I don't know who's going
to come out on top of them with the eye
game there?

Speaker 3 (55:26):
Do you like the vain guy who likes to put
makeup on? At least that's how it looks all the
one with the crazy eyeballs made away from it.

Speaker 2 (55:32):
Heather duplessy Ellen pond they casting Breakfast with Bailey's real
Estate News Talk said.

Speaker 3 (55:38):
Lord, we've started an eye thing hither. Jd. Vance has
the best eyes. I noticed the color. He's got gorgeous
blue eyes. He does have his very striking blue eyes.
I think that's part of his problem is that because
he's if you've read his book, he's basically like Irish
Scottish blah blah blah blah. And that dark Irish look
has come through in him, I think. And when you
get the contrast of the dark hair with the very

(55:58):
blue eyes can lookite menacing. There's where he's go It's
like you're like, you either find it really sexy or
a bit freaky, don't you here? The coal is coming
in thick and fast at the moment. I've been trucking
it solidly for the last two months from Auckland to Huntley.
Greg I'm not even upset about that. I'm just happy
to hear that we're preparing for what's gonna what's about
to hit us next winter. Six away from eight. A

(56:21):
little battle brewing over food trucks in christ Church. The
Arts Center wants to allow more than thirty food trucks
to operate twelve hours a day, seven days a week,
but that's upset the local hospo businesses. I feel like
their lunch is getting cut. Central City Business Association chair
Annabel Turli is with me, Hey, Annibal, good morning. So
the basic argument here is that if you're running a
normal hospo business, you've got all the overheads, you got

(56:42):
the rent and the rates and all that kind of stuff,
and these guys don't, and so it's unfair.

Speaker 21 (56:45):
Yeah, that's part of the argument.

Speaker 3 (56:48):
What's the rest of the argument.

Speaker 21 (56:50):
Well, you know the Art Center, it's so herisage and
cultural site that starts as the university and they're trying
to change it to drive through takeaways.

Speaker 3 (56:58):
Is it drive through a walkthrough walk through?

Speaker 21 (57:01):
What's the problem with that though, Well, it cheapens it
and like richer people said, he's got some lands. Does
he just popped some caravans on it and release it
out to retail? What's the point? But we're going to
be the best city in the world, and now this
is like a step backwards looking saying, oh, we're still

(57:24):
in recovery most from the earthquake. Earthquake was over a
decade ago.

Speaker 3 (57:28):
Do you think, in terms of competition with the hospow
business is the existing hospbow businesses. Is it actually is
there much competition or is it catering to a different crowd,
Like you've got the people who just walking through want
a really quick snack on the walk, and then there
are other people who have the time to sit down
and have a nice leisurely lunch, different crowds.

Speaker 21 (57:45):
Well, you look at Little High, which is sort of
modeled off the more like food truck, lots of different
options under one roof. I've only got eight eight at
Little High. Little High is quiet that I would have thought,
you know, they would have, you know, eight, like eight
is probably fair for the art center to have, not

(58:07):
thirty three.

Speaker 3 (58:08):
And part of the problem, obviously is the fact that
this is twelve hours a day, seven days a week, right,
would weekends be okay?

Speaker 21 (58:15):
Oh definitely. And the other part of the problem is
actually our businesses are subsidizing the arts center. The Art
center gets is getting five and a half million dollars
over the next ten years, and the rate differential for
commercial compared to residential is a lot higher.

Speaker 3 (58:32):
Yeah, okay, So there's a.

Speaker 21 (58:36):
Number of arguments here. It's not just about these young
like these people with food trucks undercutting the established businesses.
There's a number of issues. The Art Center spent a
lot of money saying it was a heritage site and
they need to save the Art Center, but now they're
cheapen it with these caravans.

Speaker 3 (58:55):
Annabelle, thank you for running us through. They really appreciate us.
Annabel Turly. Central city business is so siation chair personal
right got John Toogod formerly of she had, he's gone solo.
He's I would I would say probably giving up the
rock and roll lifestyle. Actually, if you think about as married,
he's called grown up. Now he's married, he's not boozing,
he's gone solo. He's with us. Next in studio news

(59:16):
talk said be.

Speaker 17 (59:18):
Nothing nothing, nothing, nothing at all, demanding the answers from
the decision makers.

Speaker 1 (59:35):
Ken then duplessy Ellen on the Mike Hosking.

Speaker 2 (59:37):
Breakfast with Bailey's real Estate, your local experts across residential, commercial,
and rural news talks head be.

Speaker 1 (59:47):
You were there, now you're gone.

Speaker 3 (59:54):
When you get the name of John too Good, most
people will think she had guitars, drums, noise coming at you.
And that'll be fair enough because that obviously was a thing.
But John too Good has now gone solo properly, with
his first day of a solo album out next week
and a tour off the back of that, and he's
with us in the studio right now. Hey John, good morning,
Good morning to you. I'm well man, thank you for

(01:00:15):
coming in. How you finding being solo?

Speaker 15 (01:00:18):
I actually find it thrilling in the same way early
she Hard gigs were, because it's like, I don't quite
know what I'm doing. There's nothing to hide behind, no
big pa, no light show, no other members of the band.

Speaker 3 (01:00:31):
It's just me and my guitar are made so you
do in the show's acoustic?

Speaker 15 (01:00:34):
Absolutely, yeah, absolutely, because that's how all this stuff is written.
And I actually find it thrilling because it's you just
have to sing great, and you have to play good,
and you have to explain what the stories are about
and the songs are about, and it's a really human experience.

Speaker 13 (01:00:50):
I love it.

Speaker 3 (01:00:51):
Do you get any people who turn up thinking they're
going to get the sort of like loud noise, full
effect and then you know they're shocked.

Speaker 15 (01:01:00):
Not really, because you've got to remember, I'm fifty three now,
so and so what fifty Well, a lot of a
lot of our fans of also that age, so I think,
you know, they're not crowdsurfing like they used to because
they'll probably put their back out, you know.

Speaker 13 (01:01:14):
So yeah, I think, yeah, I don't. I think everyone
knows what they're going to do.

Speaker 3 (01:01:19):
Do you think this is a thing. I mean, this
is always like a bit of a stereotype, But do
you think it's real that the older you get, the
more you appreciate a bit of gentle music.

Speaker 13 (01:01:26):
Yeah, I think.

Speaker 17 (01:01:28):
You know what.

Speaker 15 (01:01:29):
My first album was Bob Marley Legend The Best of
Bob Marley, I mean, and that has some pretty gentle music.
I've always loved Melody, like even in she hads loudest moments,
there's always still the pop element to it because I
love I love melody, and I think because I've got
British parents, I have a lot of British music as
well as American music, as well as a lot of

(01:01:49):
New Zealand music. Yeah, as long as the song was good.
I mean, my favorite song is A Day in the
Life by the Beatles, you know. So you know, I
just happened to meet my bandmates when I was and
listening to Metallica and Slab and that's where we started serendipity. Yeah,
why did you decide to go solo? It wasn't a
decision so much as three years of COVID, I had

(01:02:13):
a lot of personal carnage. I lost my mum while
I was in lockdown in Melbourne. She died in Wellington,
so I had to say goodbye on a phone, very
traumatic for me. Then I got stuck in New Zealand
on tour when the omicron happened, away from the wife
and children for three and a half months who were
back in Melbourne.

Speaker 13 (01:02:30):
That was really tough. And then we moved back to Altero.

Speaker 15 (01:02:34):
My brother in law got aggressive cancer and died really quickly.
And then I caught COVID and got a COVID complication
which turned my to nightas, which is ringing in the ears,
which I'd had since I was twenty years old because
I was in a rock band.

Speaker 13 (01:02:49):
But it turned it up really laud Does COVID do that?
That's what it can do.

Speaker 15 (01:02:53):
So yeah, so it's a forty to fifty percent chance
if you have pre existing tonights. If you catch COVID,
it can turn it up, and it's a long COVID thing,
so it doesn't go back down again ever. Ever, so basically,
I've had to learn how to live with it.

Speaker 13 (01:03:07):
It was so loud, it was like a car alarm
going off in my head. You know.

Speaker 15 (01:03:10):
I woke me up out of a dream two weeks
after catching COVID, ended up in a and E and
howick because I hadn't slept for thirty six hours.

Speaker 13 (01:03:17):
It was nightmarish.

Speaker 3 (01:03:19):
It would be especially Look, that would be terrible for anybody, right,
but that would be especially terrible for somebody who relies
on their ears for their right.

Speaker 13 (01:03:24):
It's my job.

Speaker 15 (01:03:25):
Yeah, so and also I mean, but even it was distracting,
you know, reading stories to the kids at night, you know,
like I was trying to be present with my children
and this rings going off in my head.

Speaker 3 (01:03:36):
Didn't you manage it?

Speaker 15 (01:03:37):
So basically, someone said, after I went to the Auckland
to Nighters clinic at the Auckland University, that didn't work.
I saw the top eno throat specialists Intomachi Makoto. They
gave me pre gabling, which is what they give for
people who have seizures. That didn't work, and I ended
up going to see a cognitive behavioral therapist.

Speaker 13 (01:03:55):
And that is what actually got me right.

Speaker 3 (01:03:57):
How does CBT help that.

Speaker 15 (01:03:59):
Okay, So what happens because the sound is not coming
from your ears, it's coming from your brain.

Speaker 13 (01:04:05):
So what happened is I caught COVID.

Speaker 15 (01:04:07):
I had pre existing damage to the top end of
my hearing, which is the high frequencies or that an
heat sounds, but COVID comes and suppresses your overall level
of your hearing. So my brain thought, oh, he's totally
lost that frequency at the top of his range. I
need to attenuate it up so he doesn't get eaten
by a lion. It's a real primal thing, right, So,

(01:04:30):
but so the whole thing with competent behavior therapy is
to try and tell my brain it's okay, I'm not
going to get eaten by a lion.

Speaker 3 (01:04:37):
You can relax, and so you basically have to tell
yourself this is in your head. You don't need to
worry about stuff, and it actually brings it down.

Speaker 15 (01:04:44):
Well, yeah, it's basically learning to accept that it's there
and not catastrophize about it, not to worry about the future,
because if you start, it's a tension based so if
you start thinking about it, it turns up. It's like
the whole thing about you know, if you're scared, show
the dog fear. Yeah, it'll buy you.

Speaker 3 (01:05:01):
And so you've managed to get this thing under control.
It would come back from time to time, but it's
not bothering you to the same extent.

Speaker 13 (01:05:06):
It's there all the time, but I've learned to live
with it and I can't accept it.

Speaker 3 (01:05:09):
And so all of the stuff that you're dealing with,
you think, what this is. I've got to deal with
this by myself as a solo artist, not with a band.

Speaker 15 (01:05:15):
So basically, the cognitive behavioral therapist said, we need to
wind your nervous system back. You can't meditate because silence
is the enemy when you have tonightis but you can
do another mindfulness technique, which is playing your guitar. So
I picked up my acoustic guitar, which is the instrument
I started on when I was seven years old. My
parents bought me a three quarter sized Noylon string acoustic guitar.
It was very nostalgic for me, and I just started

(01:05:37):
playing and I was I just played and played and
all these songs just came and it was really there
to try and help deal with this, you know, the
panic attacks being caused by tonightis, but then it ended
up being, Oh that was you know, I lost my mum.
That was really tough. I had it was a way
of going through that stuff and working it out. I've
always turned to music to make sense.

Speaker 1 (01:05:59):
Of the world.

Speaker 3 (01:06:00):
I want to talk to you about about growing up,
which is basically what's happened to you. I think we'll
do it after the Breakast Hanging on the Tech thirty
past eight.

Speaker 2 (01:06:08):
The Mic Hosking Breakfast Full Show podcast on iHeart Radio
by News Talks.

Speaker 3 (01:06:13):
I'd be all right, we're back with John two good
former frontman. Do I call you former frontman?

Speaker 13 (01:06:17):
If she had or I'm still very much in she Heard? Yeah,
very much. This is just my thing that I'm doing
right now.

Speaker 3 (01:06:23):
I'm glad that you've finally cleared up after decades.

Speaker 13 (01:06:25):
For me, it's she hard, Yeah, she had, she hard?

Speaker 3 (01:06:27):
She had.

Speaker 13 (01:06:28):
Yes.

Speaker 15 (01:06:28):
We were watching the eighties movie June, which was made
by David Lynch. It's sort of terrible but sort of cool,
and the battle, the name for the battle at the
end was the she Heard, and we didn't realize that
Frank Herbert had taken it from the Arabic term g hard.

Speaker 13 (01:06:43):
We just thought it was a good name for a
spemintal band.

Speaker 3 (01:06:45):
Oh and this is what was the complications?

Speaker 15 (01:06:48):
Yes, yes, so we were basically seventeen year old Bogans
sitting at home watching the science fiction movie going Wow,
that'd be a great name for a seminal band, not
thinking that that might have ramifications later on.

Speaker 13 (01:06:57):
Who would have thought?

Speaker 3 (01:06:58):
Who could have predicted?

Speaker 13 (01:06:59):
I thought?

Speaker 1 (01:06:59):
Who thought it?

Speaker 17 (01:07:00):
So?

Speaker 3 (01:07:01):
Which is kind of interesting that you chose that because
you've ended up actually converting yourself, Tom, haven't you I
have which has caused you to grow up? Or is
it the marriage that caused you to grow up?

Speaker 15 (01:07:10):
I mean, you know, she's my best mate, and she's
the most generous, humane, loving human being that I ever met.
And me and my atheist sort of humorless mates talked
to good game of empathy, but because we were struggling artists,
held on tightly to any money that we ever had.
Whereas watching her giving her last ten dollars away to

(01:07:31):
the person on the street and knowing that it's not
hers and it's going to come back in its own way,
and trusting in the universe and watching that magic work
for her, I was like, ah, I want a bit
of that in my life.

Speaker 3 (01:07:42):
Yeah, and so you got a bit of that in
your life. So you got married, yep, her kids, you converted.
I mean that's pretty grown up now, do you. It's
a completely different lifestyle, i'd imagine from being a hard
rocker getting boosts and stuff.

Speaker 15 (01:07:54):
Yeah, I mean I was never a massive boozehead. I
mean basically we were quite nerdy. I mean rock and
roll is actually Revenge of the Nerds, basically, where all
the kids that got picked on because we were weirdos
and sensitive and artistic, and this was our way of
you know, being cool, being cool, yeah know, and also
it gave us direction, you know, and gave us something
to think about. So we were never that massive party

(01:08:19):
as we were just interested in the journey of how
do you become as tight as those bands from America
and as you know, from Europe.

Speaker 3 (01:08:25):
Which actually takes discipline and hard work.

Speaker 13 (01:08:26):
Totally, it's all work. It's all the ten thousand hours.

Speaker 3 (01:08:29):
So if you're watching, like so, if I'm watching the
Ozzie Osborne's of the world and the people who make
a big charade of being absolute you know, booze heads
and stuff, is that just all an act? Like in
order to be as big as they are Yanks, you
have to work, un't I No.

Speaker 15 (01:08:42):
I think Ozzie definitely punished himself without a doubt, and
you know, and it's paid for it.

Speaker 9 (01:08:47):
You know.

Speaker 15 (01:08:47):
We toured with Black Sabbath a few years back, and
you know, I just before that, I saw Bruce Springsteen
at the Rod Laverorna same age sixty nine and he
I watched Bruce Springsteen CrowdSurf the whole length of that
arena three times in one night and play a four
hour show or something. And then Ossie shuffling around backstage.
I mean, that's not put on. No, no, no, that's no,

(01:09:11):
that's that's a lot of damage. But that's you know,
there's like going back to what I was saying earlier,
the arts attracts people who are sensitive, and it's a
hard business to be in. So a lot of people
self medicate just to get through, you know, and it's
not realizing that it's still pain deferminent they're going to
have to pay for that later on.

Speaker 13 (01:09:33):
And I actually find that now I'm straight. Our shows
are much more energetic, much more intense.

Speaker 15 (01:09:42):
When I write, I write more honestly, and I think
the quality of works actually better.

Speaker 13 (01:09:47):
Yeah.

Speaker 3 (01:09:48):
Yeah, so you're going to go on tour. You've actually
got quite a few gags. A do you take do
you do the whole family thing? To take the kids with?

Speaker 13 (01:09:52):
First two weekends. I'll take the whole family because it's
up to Kenny, Keddy and Munga Pi and for them. Yeah,
it'll be great.

Speaker 15 (01:10:00):
Not too far from you know, Tamakimikodo, so it's it'll
just jump in the car and because it's me and
a guitar, I've got space, you know.

Speaker 3 (01:10:06):
Yeah, and then further afield you do it yourself.

Speaker 13 (01:10:07):
Yeah, when we go down south, it'll just be me
in a tour manager.

Speaker 3 (01:10:11):
Are you still enjoying it?

Speaker 1 (01:10:12):
I love it? Yeah so much. I love it.

Speaker 15 (01:10:15):
It's like it's like when I was two years old,
I used to watch the Beatles Hard Day's Night record
go around on my parents all in one record.

Speaker 13 (01:10:22):
Player, and I was just like, that is like magic?
How is that magic happening?

Speaker 15 (01:10:27):
I've spent my whole life trying to find out how
they do that, and I still love that magic trick,
you know, and performing live is like that. It's like
can I conjure up magic? With this room full of
people with just this guitar in my hand and these
stories and these songs, and you.

Speaker 13 (01:10:43):
Can do it.

Speaker 6 (01:10:43):
You know you can do it.

Speaker 3 (01:10:44):
Yeah, okay, So name of the album, Last of the
Lonely Gods, name of the single.

Speaker 13 (01:10:49):
The latest single is called Lost in My Hometown.

Speaker 3 (01:10:51):
You've got another one coming out?

Speaker 13 (01:10:53):
We must do there is, yeah, another one coming.

Speaker 3 (01:10:55):
Details to emerge, obviously, And when does the tour kack off?

Speaker 15 (01:10:58):
On the eleventh, which is the day the album releases,
and it's in Kitty Kitty.

Speaker 3 (01:11:03):
Yeah, brilliant stuff. I hope it goes very wealthy and
it's very nice to have you in studio. John, Thank
you for coming in. I really appreciate it. John Too
Good heading off on tour very shortly. What's that eight
days time?

Speaker 22 (01:11:12):
Right now?

Speaker 3 (01:11:13):
Eight twenty one, The Dupless.

Speaker 2 (01:11:15):
Ellen Von the my Cosking Breakfast with al Vida, Retirement,
Communities News, tog sadv.

Speaker 3 (01:11:22):
Hither I saw John. This is John too Good and
the Ziggy start Us show and he was absolutely brilliant. Hey,
twenty four past late listen. I meant to mention this
yesterday and didn't get round to it, but I am
stoked to tell you that it looks like the public
servants have immediately listened to Nikola Willison started going back
to the office because the media have had a look
at the bus patronage. Right, so this is just a snapshot.

(01:11:44):
It's by no means a comprehensive idea of what's actually
going on. But according to the bus numbers from Wellington,
it shows that that pretty much the next day and
they start going so on the day of the announcement, right,
the announcement's made in the afternoon on a Monday. On
the day of the announcement, that morning before the announcement,
about the same number of bus users went into work
that Monday as had done the Monday before. It was like,

(01:12:06):
I didn't know what it was. It was forty four
thousand or thereabouts, and we're basically the same kind of numbers.
But the next day, the Tuesday, there was an immediate jump.
It went from four thousand, six hundred and forty six thousand,
eight hundred the Tuesday before to forty eight thousand, four
hundred that Tuesday. Same for the Wednesday, you see a jump.
Same for the Thursday, you see a jump. And pleasingly,
my favorite day of the week, you see a jump

(01:12:27):
on a friday, because if you're going to dick around,
there's a friday that you're going to dick around on
in it. So the week before forty two thousand, seven
hundred public servants went in or people went in on
the bus in Wellington, and the friday after the announcement
that forty two thousand, seven hundred jumps to forty five
thousand going in. Now, if that's the immediate response, can
you imagine when they start turning the screws on in

(01:12:48):
the business and actually forcing the end, Like the boss
is sitting there going where's John? Where's John? On those
days when they start making that kind of an effort, see,
the numbers will be going up.

Speaker 5 (01:12:57):
That's sort of a.

Speaker 11 (01:12:58):
Problem though, we'll have to make sure the buses actually
run on time again in Wellington.

Speaker 3 (01:13:04):
Well, look, in the end, this is a good point
that you make, and in the end it's going to
be better for everybody. It's going to be pressure on
the bus service to improve, pressure on pressure on the
public servants to improve, people spending money on coffees in
the central So it's just going to work out really well.
Twenty six past eight. Twitter. Now, if you use Twitter,
you already know that Twitter sucks lately. It's something went
wrong when Elon took over, and I can't quite explain

(01:13:26):
what it is. It's not the levels of hatred on
the app. It's not that because the levels of hatred
were always there.

Speaker 11 (01:13:32):
Is it all the racist people and all the people
with conspiracy theories and found it different.

Speaker 3 (01:13:36):
Bad crowd is now in charge, but it was always
bad crowd in charge. Something wrong with the algorithms, like
it's really weird you don't get served the stuff you
actually care about. But problematic for Elon, Musk now worth
eighty percent less than it was when he bought it.
So when he bought it, he paid forty four bill
for it. Now according to the investment giant Fidelity, it's
only worth nine and a half bill. Forty four to

(01:13:57):
nine and a half. Let's round it up to be
nice to him and say ten. It's probably a reflection,
by the way of the fact that the ad revenue
has just fallen out. It's just this, It just keeps
on falling really really badly. So anyway, that's a there's
probably a purchase that Elon and Quieter the Night would regret,
don't you think News is next news togs.

Speaker 17 (01:14:15):
They'd be.

Speaker 1 (01:14:32):
You're not trusted source for news and views.

Speaker 2 (01:14:35):
Heather Duplicy Allen on the mic asking Breakfast with a Vida, Retirement, communities,
life your way.

Speaker 3 (01:14:41):
News dogs'd be those public servants going in on the
bus were probably just going in in person to plead
their case to be able to continue to work from home.
You wouldn't put it past them. Would there here that
could it be possible that there were more people that
happened to go in every second week? So you can't
rely on this is as isolated data which is possible.
I mean, like, I'm assuming that many people maybe work
three days a week from the office, but maybe it's

(01:15:03):
three days a fortnight. Why would I require sixty percent
in the office might only be thirty percent or zero Here,
the problem with Twitter is I'm getting too much elon.
He must be paying a team to tweet for him. Actually,
do you know what? That is exactly part of my
problem as well. So what I'm interested in obviously for
Twitter would be things like New Zealand politics and what
people are talking about in news. I'm not getting any

(01:15:24):
of that stuff, just getting a lot of elon coming
at me and then also some really weird random ads
and then other Elon related content. So I think you're right.
He's using it as a personal platform to can't of
push himself. There's part of the problem. This's the algorithm's
gone weird. Twenty two away from nine International correspondence with
ends and Eye Insurance, peace of mind for New Zealand
business and with us now out of the UK's corresponding

(01:15:46):
Rod Little.

Speaker 5 (01:15:46):
Hey Rod, how do you do it?

Speaker 13 (01:15:50):
Okay?

Speaker 3 (01:15:50):
I'm very well, thank you. So this business of Kirs
Starmer paying back the six thousand pounds, I mean that's
not rough for that.

Speaker 19 (01:15:58):
I think it's incredibly were some in header, I don't
know what's wrong with you. They only took eight hundred
thousand pounds in three biz. I doubt see that six
thousand pounds is a is a is a very noble effort.
What he's done, basically is decided to pay back the
Taylor Swift tickets, which which virtually the entire cabinet and

(01:16:20):
his missus she went about three times, I think. So,
so he's paying that back. He's also paying back some
money for for his his beautiful wife's tailor rig and
he's paid a few other things back as well, and
he's hoping that this will draw a line under it.
It will not draw a line under it. It will

(01:16:41):
not come anywhere close to doing that. The I don't
think they understood just how furious and fed up the
British public are of politicians aligning their own pockets whilst
in office, or indeed whilst campaigning to be in office.

(01:17:04):
It really really, given the last five six years of
the Conservative government, particularly under Cameron and Johnson, where Crony's
were awarded contracts and where they behaved fast and loose
with the public purse a little bit, that Labour can
easily outdo them within three months of being elected. So
it doesn't draw a line under it at all.

Speaker 3 (01:17:25):
I see that has been a factor. Who's obviously one
of the Labor peers is now being investigated. So what
is he actually done wrong here?

Speaker 19 (01:17:33):
Well, he would argue nothing. Lord Wahi Dally has been
a long term Labor Party donor. He's given millions and
for those millions, people don't give millions.

Speaker 1 (01:17:44):
I know this.

Speaker 19 (01:17:46):
As a consequence of trying to raise money for the
Social Democratic Party. People don't give money unless they have influences,
say in some form of power, and the argument was
that as soon as Labour took office, Lord Wai was
given a free past to number ten downing stream to
do what exactly nobody really knows. But he's obviously been

(01:18:07):
allowed close to the leavers of power, and he's been
given that simply through the fact that he's bugged the
Labor Party or people in the Labor Party hundreds of
thousands of pounds millions of pounds in the end in donations.

Speaker 3 (01:18:22):
Okay, hey, listen, you've obviously been watching what's going on
with the conference there. Who do you reckon in terms
of the Tory leadership right, who's come out at the top.

Speaker 19 (01:18:30):
Well, I'm to tell you the truth. So the I'm
I think I owe you one really because you two
days ago were saying that James Cleverly was the name
to what. And it's probably true that of the four
of the force people who spoke before the party conference
and who made their pitches to the electorate and who
they will be voting on next week, that James Cleverly

(01:18:52):
has probably come out of it the best of a
fairly boring bunch. He's all in favor of making the
party nicer and more cheerful and better tempered and and
all that sort of stuff that's rather appealed to the public,
even if it won't appeal necessarily to the activists. My

(01:19:13):
guess is still that if it were a straight fight
now was the activists, Kenny Badanok would win. But it's
probably the case that there's going to be some chic
canery going on and the final runoff will be between
someone like Robert Jenerick and James Cleverly. And if that's

(01:19:33):
the case, lord of those who would win.

Speaker 3 (01:19:36):
But Rod, you were unconvinced a couple of days ago
about the intelligence that may possesses.

Speaker 19 (01:19:45):
Yeah, yeah, I would. I would. I would concur with
my earlier.

Speaker 3 (01:19:50):
Statements with yourself.

Speaker 19 (01:19:53):
I would, I would on this occasion agree with myself. Yes,
that's right, Rod.

Speaker 3 (01:19:58):
It's good to talk to you, right, Thanks, insight, you
go have yourself a lovely time. That's Rod Little UK
correspondent Yet now, Okay, David Seymour I had mentioned I
needed to talk about this earlier on. So David Seymour
I don't think will be particularly stoked with his ranking
in the mood of the boardroom because he's coming at
number twelve at three point four out of five. He's
actually been beaten by Andrew Bailey, who's at number eleven

(01:20:22):
three point four to eight. And the pair of them
tussle a fair bit actually in cabinet from the sounds
of things. So it always sucks when you get pipped
by the person who you consider to be something of
your nemesis or your competitive I'm not saying I'm putting
words in their mouths, see, I'm just making I'm just
saying that they tussle, right, and if you tussle with
somebody and then they beat you, well that really sucks,

(01:20:42):
doesn't it. So anyway, David has reason to feel a
bit stink about this today a leading director, this is
one of the comments from the survey. Participants said David
Seymour had become too extreme in his views and is
losing support from many of those who may have voted
for him in his electorate. This divisive approach needs to
end well. The deviceive approach is probably the Treaty Principles Bill.

(01:21:03):
And frankly, if I was David C why I just
ignore it? Because I do. I do think that businesses
in New Zealand have become far too obsessed with being
controversy free, and David Seam was obviously not. And so
you know in this he's obviously embracing controversy. Go for
it if that's what he wants to do. Feeling is
that David Seam has become too extreme in his views.
And another which is basically repeating myself, so I apologize

(01:21:26):
for that. But also another law firm ceo said, probably important.
This is really the regular you know, the cutting of
the retape, but hasn't achieved anything, mate, It's only been
going on, Like give him a chance, Like this is unreasonable.
They've only just started cutting redtape, hasn't achieved anyth yet.
Because you've got to cut the retape, then you've got
to get the benefits. Why prioritize early education, well, they said,

(01:21:49):
like a true law firm person, isn't it right? Like
obviously don't understand how expensive early education is for many
many parents out there. That it's in order to get
people back into the workforce. Pretty simple. Sixteen a Way from.

Speaker 2 (01:22:00):
Nine the Mike Asking Breakfast Full Show podcast on iHeartRadio,
Howard By News talks that be Heather.

Speaker 3 (01:22:07):
On the public servants going back to office. I heard
one civil servants say he couldn't afford twenty five dollars
a lay for a day for lunch as he never
heard of sandwiches. Thank you, peet. Tell you What I
Love twelve away from nine Tell You What I Love
is Kiwi business success stories for multiple reasons, obviously, like
it's great when your own people are doing well in
the world. It's also great that they're bringing money into

(01:22:28):
the country. It's also great that you think, which is,
if they can do it, our kids can do it, right,
Like gives you a bit of hope for the future. Anyway,
here's a great story for you. Trade to Phi, which
is a Kiwi company, is being sold to a UK
firm and we don't actually know the price that it's
being sold for, but because the Overseas Investment Office is involved,
it's got to be more than one hundred million dollars
because that's the threshold where the OIO gets involved. So

(01:22:51):
Trade to Phi, right started from scratch, now worth one
hundred million dollars plus plus plas. Trade to Phi is
a back office business software outfit and the whole point
of the thing is basically to help trades do all
the boring stuff that they don't want to have to
do like who does quotes and admin and bookings and
managing jobs and that kind of stuff. And a chap

(01:23:11):
called Curtis Bailey started it back in the day. He's
left school by the sounds of things early to go
and become an apprentice to become a sparky at a
small electrical engineering company in South Auckland. And then at
some stage he must have gone on and done his
own business and stuff, and he got frustrated. It was
obviously incredibly smart guy got frustrated at how much time
he had to put himTo admin instead of doing his

(01:23:33):
actual job. So he came up with the idea of
trade to fire to make it easier for himself. And
then the thing grew, and then he got a bunch
of investment in from ice House Ventures and Steven Tindall
and so on, and it obviously grew the business even
more and got the professional business operator he stood down
as the CEO, got another CEO in and the business
kept on growing. And now Curtis Bailey, who left school

(01:23:54):
early to become a sparky apprentice in South Auckland, is
in line for nine million dollars at least from the sale,
and I guess we're figuring that on the basis that
thing sells for one hundred million dollars. So whatever however
much it goes above that, there's more money coming at
of even more than that Ice House Adventures. They obviously
put a lot of money into various different outfits and stuff.

(01:24:15):
The chief executive said that this deal was set to
deliver the largest cash return in his firm's history. How
good is that? And on that right, so this is
not a one off if you look at what came
out yesterday which says Auckland is the best city in
New Zealand to be an entrepreneur. Apparently this according to
research from a UK tech company sum Up, which wouldn't

(01:24:36):
surprise you because you know that there's just a kind
of like money making attitude about Auckland that you don't
quite get in the other cities. It's definitely there, but
it's a bit more widespread in Auckland. But what's cool
about it is that we rank quite well in the
world for this kind of stuff, right, so it looks
at the quality of living, the number of millionaires, and
our entrepreneurial spirit. We're thirty three on the list of millionaires.

(01:24:57):
I think No. Thirty three on the list of everything
best place to be an entrepreneur, thirty seventh in the world.
For the number of millionaires, we've got about twenty three
thousand millionaires. And a millionaire is somebody in this country
with one point six million dollars in liquid investable wealth.
You've got that in company holdings, cash holdings, residential property
holdings that are debt free and so on. Then obviously
the quality of life as we know in New Zealand

(01:25:17):
is pretty good. But apparently, and this is the thing,
apparently we're business hungry in Auckland. So when you look
at the searchers for terms like how to get rich
and how to make it in business, fifth highest in
the world. How do you like them? Apples nine away
from nine Heather dup se.

Speaker 1 (01:25:34):
Ellen on them.

Speaker 2 (01:25:35):
My Hosking Breakfast with the Jaguar f Base News talks edb.

Speaker 3 (01:25:39):
Hey, you got a couple of bits of music news
for you, Boy George. I mean this is for obviously
a certain demographic and then a very small segment off
that's demographic who still wants to see boy George in person.
But Boy George might have a little bit of trouble
getting into the country. He's supposed to be here in January.
But the trouble for him is that he's been in
trouble with the law before, hasn't he Because he assaulted

(01:26:01):
in two thousand and nine and as a result ended
up with a fifteen month jail sentence and because of that,
the US refused him entry. To be fair, the US
refused to Menry I think years and years ago, but regardless,
that's usually a bar to getting a visa in New Zealand.
So boy George watched to see whether he gets in.
Six away from nine.

Speaker 2 (01:26:21):
Trending now with Gameless Warehouse, great savings every day.

Speaker 3 (01:26:26):
Another piece of music news for you. The case against
did He could be about to be blown wide open.
His lawyer's name is Tony Busby. This chap represents the
lawyer rather not his lawyer, because this chap represents more
than one hundred alleged victims of Diddy. He's just had
a press conference where he said that over the next
month he's going to be filing lawsuits in a number
of different states, and as part of that, he's going

(01:26:48):
to put out a name and Shameless and he's got
a warning here.

Speaker 22 (01:26:51):
The names that we're going to name, assuming that our
investigators confirm and corroborate what we've been told, our names
that will shock you. These are individual cases. There are
indeed other perpetrators involved. They will be revealed when that
particular individual case is ready to be filed. They already
know who they are. And I'm talking here about not

(01:27:14):
just the cowardly but complicit bystanders. That is, those people
that we know watched this behavior occur and did nothing.
And I'm talking about the people that participated, encouraged it,
egged it on.

Speaker 3 (01:27:27):
They know who they are, so those would be potentially
quite awkward. And I said I had a couple of
pieces of music news, but actually I did maths through
the public school system, so I can't count. So it's
actually three. So teens and that he's an expert. Teens
in the house are probably going to fizz if they
haven't already heard the rumors and are about to hear
it that apparently Charlie XCX is coming to Auckland next year. Now, Charlie,

(01:27:51):
I know I did the thing to it. I was like, oh,
what is that even a name? But yes, Charlie XCX
is massive. Charlie XCX is so massive that before or
Taylor Swift endorsed KRMLA Harris, Charlie XCX's endorsement was the
endorsement that that KRMLA Harris has got that everybody was
fizzing about. Now, the reason that we think that she
might be coming to Auckland is because Lane Way, which

(01:28:12):
is obviously that festival that runs annually in Auckland, has
put up a big billboard I think on Ponsonby Road
or just off Ponsonby Road, and it's just a lime
green backboard, but just a grind lime green billboard and
it just says lane Way on it. And this is
important because that's a hint at Charlie XCS because our
Charlie XCX's album is just a lime green background and
this is her color and like weird, but her color

(01:28:35):
the lime green. So that suggests maybe she's coming. They haven't.

Speaker 17 (01:28:38):
They haven't.

Speaker 3 (01:28:39):
That's so brad Oh that is brat.

Speaker 17 (01:28:41):
That's her word.

Speaker 3 (01:28:42):
So there's a color and there's a word that you
need to know. They haven't announced. They're announcing it in
six days time, but who knows. Maybe she's coming?

Speaker 17 (01:28:48):
Is this her?

Speaker 3 (01:28:49):
I don't even know anything.

Speaker 10 (01:28:50):
There you go.

Speaker 3 (01:28:52):
Thank you, Thank for that, Glenn, Thanks for Glenn's I'm
trying to school you up at Glen's.

Speaker 11 (01:28:56):
Actually still you're going to out with us hip youngsters.

Speaker 3 (01:29:00):
Out totally seems appealing. Enjoy your day, See you tomorrow.

Speaker 17 (01:29:04):
You see zip me.

Speaker 22 (01:29:12):
I like way to.

Speaker 2 (01:29:23):
For more from the mic Asking Breakfast, listen live to
News Talks it B from six am weekdays, or follow
the podcast on iHeartRadio

All Episodes

Episode Transcript

Popular Podcasts

Dateline NBC

Are You A Charlotte?

Stuff You Should Know

.css-15opob5{left:0;position:absolute;top:0.8rem;} All Episodes

.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}Full Show Podcast: 3 October 2024

Episode Transcript

Popular Podcasts

.css-r6mb8g{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:1;overflow:hidden;}Dateline NBC

Are You A Charlotte?

Stuff You Should Know

All Episodes

Full Show Podcast: 3 October 2024

Dateline NBC